Urban Air Mobility Set to Transform Travelling in Future Urban air mobility basically refers to the urban transportation systems that provide air commuting options to the people. In many major cities and towns, these solutions are rapidly becoming popular, because of the rising road traffic congestion. For example, it has been observed with the help of surveys and studies that “the people in the U.S. spend, on an average, 90 hours in traffic jams every year”. Furthermore, due to these long traffic jams, “their expenditure on travelling increases by more than $1,000 each year”. Get More Insights: https://www.psmarketresearch.com/market-analysis/urban-air-mobility-market Besides the surging road traffic, “the increasing population levels and number of vehicles have also increased the incidence of road accidents, particularly in the developing nations such as India, China, and Indonesia”. Additionally, many travel and transportation companies are increasingly testing autonomous aerial systems for everyday commuting in many countries around the world. Due to these factors, the value of the global urban air mobility (UAM) market is predicted to rise from $895.0 million to $6,889.4 million from 2023 to 2030. The market is also predicted to exhibit a CAGR of 33.9% from 2023 to 2030. Passenger and cargo aircrafts are the two main types of UAM systems available in the market. Between the two, the adoption of passenger aircrafts will be higher in the coming years. Additionally, “these aircrafts will generate huge revenue in the urban air mobility market in future, on account of the fact that the tariffs for these services would be kept much higher” than that of the cargo planes, owing to their higher demand, especially in the major cities. These urban aircrafts have two types of operating systems namely autonomous and piloted systems. Of these, “the adoption of autonomous operating systems will be higher in the urban mobility systems during 2020—2030”. This is mainly credited to the fact that the planes running on autonomous operating systems are preferred for use in both passenger and cargo services by both the customers and manufacturers over the piloted aircrafts. Furthermore, various aircraft manufacturing companies, infrastructure providers, and researchers working on airspace integration are increasingly making huge investments in autonomous air mobility solutions in order to develop better autonomous aircrafts. In the future years, “Europe will observe the fastest growth in the adoption of UAM solutions” as compared to the other regions in the world, as per the calculations of P&S Intelligence, a market research company. This is ascribed to the soaring investments being made in France and Germany for increasing the procurement rate of the electric vertical takeoff and landing (eVTOL) aircrafts for commercial services. Additionally, the enhancing manufacturing capacities of the UAM firms based in Europe and the rising adoption of automated systems will further boost the adoption of UAM solutions in the region in future. Therefore, it can be said without any hesitation that the demand for UAM solutions will rise considerably throughout the world over the next several years, primarily because of the increasing prevalence of road accidents and increasing traffic congestion in major urban areas around the world.

The Tubular Category Dominated the Microfiltration Membrane Market The microfiltration membrane market will advance at a 9.0% compound annual growth rate, to reach USD 7,517.38 million, by 2030. Microfiltration Membrane Market Research Report@ https://www.psmarketresearch.com/market-analysis/membrane-microfiltration-market The growth of the industry is credited to factors such as the growing requirement for microfiltration technologies for the treatment of industrial wastewater, increasing implementation of technology in the food and beverage industry, and the advancement in the pharmaceutical sector. The PVDF category, based on material type, held the largest share, in the past few years. This is mainly because of the benefits of PVDF membranes, such as the capability to offer high-flow rates for solvent-based along with mobile phase applications. Based on filtration technology, the cross-flow filtration category will observe faster growth, in the years to come. This is because of the rapid implementation of this technology in numerous industries, for instance, food, pharmaceutical, medical, and water treatment. Moreover, cross-flow filtration is getting popular in these sectors, because of its capability to eliminate built-up materials on filter surfaces, which aids in avoiding fouling of the filter. The industrial wastewater treatment category, based on application, accounted for the largest industry share, in the past few years. This is because of the rising shortage of usable water and the growing requirement for safe water for commercial, industrial, and residential usage. The MBR category, based on process, will observe faster growth in the years to come. This is because MBR is an extremely effective process as compared to other processes, for instance, the hybrid filtration process and activated sludge process. Based on the configuration, in the past few years, the tubular category accounted for the largest share in the past, and it will remain the largest in the years to come. This is credited to the high resistance provided by tubular configuration, as well as the easy membrane cleaning. In recent years, the APAC accounted for the largest share in the microfiltration membrane market. This is ascribed to the growing regulatory standards, increasing requirements for wastewater treatment, and desalination to tackle the shortage of water in India, China, the Philippines, and Thailand.

Rice Milk Market Overview 2032: Trends, Challenges, and Opportunities As we enter the year 2032, the global food and beverage industry continues to witness a transformative shift towards healthier and more sustainable alternatives. One such remarkable transformation is the rise of rice milk as a popular dairy-free milk substitute. In this blog, we will delve into the dynamic landscape of the global rice milk market, exploring the market's research findings, emerging trends, key challenges, and abundant opportunities, all while spotlighting the key players driving this evolution. Market Overview The global rice milk market overview has been experiencing steady growth in recent years, driven by a rising awareness of the health benefits associated with plant-based diets and lactose intolerance concerns. The market, which stood at USD 2.37951 Billion in 2023, is projected to reach an estimated value of USD 6.4659 billion by 2032, showcasing a remarkable CAGR of 13.31%. Dynamics Several dynamics have shaped the growth of the rice milk market: Health Consciousness: Consumers are increasingly opting for plant-based milk due to their perceived health benefits, such as lower cholesterol and reduced allergenicity. Sustainability: The growing concern for the environment has pushed consumers to look for sustainable alternatives. Rice milk, produced with fewer resources compared to dairy, aligns with this trend. Innovation: Manufacturers are investing in research and development to enhance the taste and texture of rice milk, making it more appealing to a broader audience. Market Research and Trends Recent research in the rice milk market has provided valuable insights into consumer preferences and emerging trends: Flavor Innovation: Companies are focusing on creating flavored rice milk variants, such as vanilla, chocolate, and even savory options, expanding the market appeal. Clean Label Products: Consumers are becoming more discerning about ingredients. As a result, there is a rising demand for clean-label rice milk with minimal additives and preservatives. Packaging Sustainability: Eco-friendly packaging is gaining traction, aligning with the environmental concerns of consumers. Functional Rice Milks: The development of rice milk with added nutrients, like calcium and vitamins, is targeting health-conscious consumers. Request for free sample copy: https://www.marketresearchfuture.com/sample_request/6902 Challenges Despite the promising growth, the rice milk market faces several challenges: Competition: The plant-based milk market is highly competitive, with almond, soy, and oat milk as strong contenders. Manufacturers must continue to differentiate their products. Price Sensitivity: Rice milk can be more expensive to produce than some other alternatives, which may deter price-sensitive consumers. Allergenicity Concerns: Some individuals may be allergic to rice or experience cross-reactivity with other allergens, limiting its consumer base. Opportunities The rice milk market is teeming with opportunities for players willing to innovate and adapt: Global Expansion: Expanding into untapped markets, especially in Asia where rice is a staple, presents a significant growth opportunity. Product Diversification: Offering a wide range of rice milk-based products, from beverages to dairy alternatives like ice cream and yogurt, can broaden the customer base. Sustainability Initiatives: Companies that prioritize sustainable sourcing of rice and eco-friendly packaging can attract environmentally conscious consumers. The Rice Milk market research reveals a growing consumer preference for dairy alternatives, with rice milk gaining traction due to its nutritional benefits and lactose-free appeal.

Dry Ice Market Insights: Top Companies, Demand, and Forecast to 2030 Dry Ice Market Is Predicted to Reach USD 670 Million By 2030, Increasing at a CAGR Of 6.40% by 2022 To 2030. Market Highlights The Dry Ice market outlook is projected to expand steadily during the forecast period due to the growing demand for dry ice in the numerous application industries. The key use of dry ice in industrial cleaning is a cost-effective approach. The use of dry ice to rebuild old industrial and residential structures, along with its non-combustible and non-toxic properties, is also driving market development. The high demand for dry ice in the logistics industry, for the transport of perishable food products, is yet another determinant of market growth worldwide. In addition, the growing demand for frozen food, the the need for storage of perishable food goods and the development of cold storage logistics are fueling the growth of the global industry. The high sublimation rate is the main factor hindering the sale of dry ice. Dry ice typically sublimates at a rate of five to ten pounds per 24 hours when stored in a standard ice chest, requiring the acquisition of dry ice prior to its ingestion period. Segmental Analysis The market is segmented into pellets, blocks and others by type. Due to the high demand for pellet dry ice in different application industries, the segment dominated the global dry ice market in 2018. In the restoration of old buildings, freezing, blast cleaning, and chilling and transportation of food and biological specimens such as vaccines and blood, dry ice in the form of pellets is commonly used. The market is segmented into food & beverages, storage & transport, healthcare, industrial cleaning and others by application. A major factor accountable for the development of the industrial cleaning segment of the global dry ice market is the increasing implementation of blast cleaning in various industries. The segment accounted for the largest market share in 2018 and during the forecast period it is expected to continue to dominate. In industrial cleaning, dry ice is used to remove pathogenic microbes because it is a cost-effective, non-corrosive and non-hazardous, solution that can clean unreachable places. Request for free sample copy: https://www.marketresearchfuture.com/sample_request/8610 Regional Overview Due to the involvement of leading industry players and strong demand for frozen food products, Europe garnered the largest market share of nearly 45 percent in 2018. In the region, the trade in high-quality perishable food items requiring cold storage during transport is also high. The global dry ice market insight has experienced significant growth in recent years due to its widespread applications across various industries. Dry ice, solid carbon dioxide, is valued for its unique properties including sublimation at room temperature, making it ideal for various applications like transportation of temperature-sensitive goods, medical and pharmaceutical uses, and special effects in the entertainment industry. The food and beverage sector also drives demand for dry ice, particularly for its role in preserving and transporting perishable goods. As industries continue to innovate and adapt, the dry ice market is expected to expand further, driven by the growing need for efficient and eco-friendly cooling solutions. During the forecast period, the dry ice market is expected to see steady growth across the APAC region. The growth of the global dry ice market can be due to the increasing demand in the food and transport industries for dry ice as a refrigerant. The use of dry ice for industrial cleaning through dry ice blast cleaning is another factor that is expected to drive the growth of the APAC dry ice industry. Compared with the use of washing solvents and other additives, this is a cleaner alternative. In addition, the growth of the APAC dry ice market is projected to be driven by a rising appetite for frozen food. The flexibility of dry ice and its use as an economical alternative to a traditional cooling system based on electric power is expected to translate into a steady rise in dry ice production, thus fueling the development of the APAC dry ice market over the forecast period.

Wireless Category Is Expected To Advance in Saudi Arabia Lighting Market The Saudi Arabia lighting market, when broken down by application, witnessed the residential sector take the lead in terms of both value and volume. Because the government has continued to support the private sector, Saudi Arabia has seen reasonably significant consumer income growth over the past ten years. Based on components, the fixture category had the largest volume and shares in the Saudi Arabian lighting industry. This was a result of the cheap maintenance costs and improved performance. Additionally, fixtures are a great option for companies trying to save expenses and boost revenues. Saudi Arabia's ambition to rapidly accelerate the usage of smart homes is further driving the development of voice control abilities in lighting systems and generating significant development in the Saudi lighting sector. Due to the anticipated significant increase in power demand of over 50% over the next 20 to 25 years, the Saudi Arabian lighting market for energy-efficient products is rapidly expanding. When compared to conventional lighting systems, the IEA predicts that smart lighting systems can reduce energy usage by up to 35%. Lighting consumes the bulk of the electricity utilized in the residential, commercial, and industrial sectors. Since lighting accounts for 15% of the country's total electricity consumption and 5% of its total greenhouse gas emissions, LEDs are employed to reduce both. As a result of the rapid adoption of smart home technologies, including energy management systems and access control systems, Saudi Arabia's need for lighting is rising rapidly. Smart homes are becoming more common in Saudi Arabia due to the government's supporting initiatives and the wider public interest in reducing energy use. This is because they have already made significant progress in developed countries. The government intends to hasten the adoption of smart lighting in residences (3.0% of households had smart bulbs in previous years); this would benefit the country's lighting industry even more. The wireless category is expected to grow more swiftly in the coming years based on technology. This resulted from the complete elimination of cords by such lights. Connected to the rest of the system are sensors, illumination, and the central control unit. This facilitates the addition and removal of lighting components from the system as well as the quick installation of new ones. Due to their larger operating range than wired systems, consumers of wireless lighting control solutions may strategically position their lights to save money and energy. The residential sector has always dominated the Saudi Arabian lighting industry regarding value and volume. Over the past 10 years, Saudi Arabia's consumer income has grown by a respectable amount due to the government's continuous support for the private sector. In terms of volume and revenue shares, the fixture category dominated the Saudi Arabian lighting sector. The low maintenance costs and enhanced performance were to blame for this. Fixtures are also an excellent choice for businesses looking to cut costs and increase profits. Read More: https://www.psmarketresearch.com/market-analysis/saudi-arabia-lighting-market