Demand for Artificial Turf Booming Globally

Artificial turf refers to the surface of synthetic fibers that are made to look like natural grass. In recent years, such surfaces have been replacing natural grass, due to their various advantages, such as high durability, less wear and tear, and low maintenance requirements. Besides, the usage of artificial turf also helps in reducing the consumption of water and other hazardous fertilizers and pesticides. Owing to the benefits associated with these surfaces, their usage has significantly surged in commercial facilities and residential lawns, apart from the sports arenas.

The artificial turf market has been witnessing a substantial surge due to the expansion of the construction industry. These surfaces are rapidly replacing natural grass in stadiums, sports fields, residential houses, and commercial gardens. For instance, the construction of eight new stadiums in Qatar, on account of the upcoming 2022 FIFA World Cup, will require a high amount of artificial turf. As these artificial surfaces do not require water, they are viable for use in water-scarce regions such as the Middle East.

Artificial Turf Market

With the upcoming sports events such as FIFA 2022 and 2020 Summer Olympics and expanding construction industry, on account of rapid urbanization, companies such as CCGrass, SIS Pitches, ForestGrass, TenCate Grass, Limonta Sport S.p.A., and Victoria PLC are producing artificial turf in huge quantity. Moreover, the rapid infrastructure development in emerging economies such as India and China  like the building of smart cities, will augment the sales of artificial grass in the foreseeable future. Additionally, the increasing focus of oil-based economies, such as Saudi Arabia and Qatar, on the tourism and hospitality sectors will amplify the usage of artificial turf for landscaping purposes.

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According to P&S Intelligence, Europe generates a notable demand in the artificial turf market, due to the fast-paced replacement of grass surfaced sports arenas with artificial turf, owing to its environment-friendly characteristics and superior quality. As the region is extensively involved in golf, tennis, hockey, and football, Europe adopts a large volume of artificial turf. As Europe is home to large stadiums such as Camp Nou, Wembley, Croke Park, Twickenham, and Westfalenstadion, it requires artificial grass in high quantity.

Thus, the upcoming sports events and increasing construction activities will augment the need for artificial turf in the coming years.

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Popularity of Two-Wheeler Logistics Services To Surge in Asia-Pacific in Future

With the rising consumer requirement for faster product delivery, the demand for two-wheeler logistics solutions is growing rapidly across the world. Moreover, customer buying behavior and expectations are changing rapidly, as they are increasingly expecting free and fast shipping along with competitive product prices. As this delivery schedule challenges the traditionally used logistics, businesses are increasingly focusing on adopting faster, more-efficient, and cheaper logistics alternatives, such as two-wheeler logistics solutions.

Two-Wheeler Logistics Market

Additionally, many service providers are focusing on speeding up their delivery processes, which is also boosting the demand for two-wheeler logistics solutions. Besides this, the expansion of the e-commerce industry and the rapid digitization in the logistics industry are also driving the popularity of the two-wheeler logistics solutions across the world. According to the United Nations Conference on Trade and Development (UNCTAD), the revenue generated from global e-commerce sales grew by 8% from 2017 and reached $25.6 trillion in 2018.

Due to the aforementioned factors, the demand for two-wheeler logistics services is rising sharply, which is, in turn, driving the growth of the global two-wheeler logistics market. Grocery delivery, food delivery, parcel delivery, and e-commerce delivery are the major services provided by two-wheeler logistics solutions. Out of these, the adoption of these solutions is predicted to rise at the fastest pace in e-commerce delivery applications across the world in the coming years. 

One of the major trends currently being witnessed in the two-wheeler logistics market is the emergence of several two-wheeler logistics solutions providing start-ups, on account of the surging investments being made by various venture capitalists in the region. For example, Mara Labs Inc. (Locus) announced in May 2019 that it has received an investment of $22 million, during its Series B funding round, from Tiger Global Management LLC and Falcon Edge Capital LP.

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Hence, it can be safely said that the demand for two-wheeler logistics solutions will shoot up in the forthcoming years, primarily because of soaring consumer demand for faster product delivery and the expansion of the e-commerce industry across the world. 

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How is Growing Volume of Data Driving Scientific Data Management System Market?

Since a large number of devices these days are connected with internet, they generate large volumes of data, owing to which, data management has become important for almost all industries, including the healthcare industry. Advanced laboratories, particularly, such as clinical trial settings and genetic laboratories need innovative data management software and systems in order to securely share, store, and collect personalized and other data. The need for automation in such laboratory setting is growing rapidly as massive amount of data is being produced on a daily basis. Because of these factors, the demand for scientific data management systems is growing at a rapid pace in the healthcare industry.

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It is because of these factors that the global scientific data management system market is projected to progress at a significant pace in the near future. Essentially, these systems prepare catalogs, collect information, and store data produced by different laboratory instruments including colorimeters and mass spectrometers. These systems further have the ability to manage data that is generated by LIMS. Scientific data management systems are deployed on-premises or on cloud, between which, the demand for cloud-based systems is predicted to increase considerably in the years to come. This can be ascribed to the fast adoption of cloud-based services.

Geographically, North America has been the largest user of scientific data management systems in the past, owing to the presence of a large number of advanced laboratories and other such facilities, highly developed healthcare systems and presence of various market players in the region. Other than this, the demand for these systems is predicted to increase significantly in Asia-Pacific as well, making it the fastest-growing scientific data management system market in the coming years. this can be attributed to the rising prevalence of chronic diseases, increasing investments in the healthcare industry, technological advancements, and surging geriatric population in the region.

Hence, the demand for scientific data management systems from advanced laboratories and research institutes is growing due to the increasing need for managing data stored in instruments.

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