twitter

Tuesday 31 August 2021

Beverage Cans Market Size, Share, Key Players, Growth Trend, and Forecast, 2020–2027

The Global Beverage Cans market size is forecast to reach USD 32.53 billion from USD 25.68 billion in 2019, delivering a CAGR of 2.9% through 2027. The market growth is driven by the increasing popularity of energy & sports drinks, growth in aluminum recyclability prospects, rising health concern regarding the usage of plastic packaging, and beneficial properties of metals like aluminum, such as lightweight and high molding capacity.

Growing consumer awareness regarding the negative health impact of plastics container usage is prompting industry players to switch to glass and metal alternatives for beverage packaging. Several environmental lobby groups and Government agencies are also pestering manufacturers to significantly reduce plastic packaging. Carbonated drinks and water are usually bottled in PET bottles. However, bans on plastic packaging across several countries in the world will boost the adoption of beverage cans over the coming years.

The superior properties offered by cans, including temperature maintenance and protection from the external environment, is fuelling the adoption of beverage cans. Increasing consumer inclination towards highly portable beverage packaging is poised to boost beverage cans market growth. Moreover, the increased consumption of performance enhancement beverages like sports & energy drinks, rehydration drinks, and caffeine-based drinks is likely to create major opportunities for industry growth over the forecast period.

To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1250

Key players operating in the global beverage cans market are Ardagh Group S.A., ORG Packaging, Carolina Beverage Group, Ball Corporation (U.S.), Amcor, Crown Holdings, Inc., Silgan Holdings (U.S.), Orora, The Olayan Group, Bangkok Can Manufacturer Co. Ltd., Nampak Bevcan Limited, and Can-Pack S.A., among others.

For the purpose of this report, Reports and Data has segmented the Beverage Cans Market on the basis of size, material, structure, application, and region:

Size (Revenue, USD Billion; 2017-2027)

  • 12Oz
  • Others

Material Outlook (Revenue: USD Billion; 2017-2027)

  • Aluminum
  • Steel

Structure Outlook (Revenue: USD Billion; 2017-2027)

  • Two-piece cans
  • Three-piece cans

Application Outlook (Revenue: USD Billion; 2017-2027)

  • Alcoholic
    • Wine
    • Beer
    • Others
  • Non-alcoholic
    • Carbonated Soft Drinks
    • Fruit Juices and Fruit-Based Drinks
    • Ready-to-drink Coffee and Tea
    • Sports & Energy Drinks
    • Others (includes CBD)

Regional Outlook (Revenue: USD Billion; 2017-2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1250

Further key findings from the report suggest

  • In terms of size, the 12 oz beverage segment held 73.5% of the beverage cans market share in 2019 and is set to gain major traction over the projected timeframe. The 12 oz beverage container size is considered standard size and is extensively used for carbonated drinks, fruit-based juices, and other beverages. The introduction of special flavored energy drinks and other functional drinks will bolster product proliferation over the coming years.
  • On the basis of material, the aluminum segment is projected to register a growth rate of 4% through 2027 on account of advantages offered by the product, such as lightweight and efficiency of shipping and storing the beverage cans. Additionally, aluminum offers faster-chilling capabilities as compared to other beverage containers, making it the first choice for packaging beverages.
  • Based on application, the alcoholic beverages segment accounted for 39.8% of the beverage cans market in 2019 and is estimated to garner major revenue gains over the projected timeframe on account of increased spending on premium alcohols, primarily by millennials. 
  • In the regional landscape, North America is estimated to witness a notable growth rate of 3.9% over the analysis period. The robust growth can be attributed to the growth of the soft drink industry in the United States, bolstering the demand for beverage cans.
  • Europe Beverage Cans market is forecast to gain major traction through 2027 on account of increased consumption of carbonated drinks and beer in the region.
  • The APAC region accounted for 23.2% of the beverage cans market share in 2019 and is likely to grow significantly over the forecast period due to the abundance of raw material like aluminum as well as bauxite and iron ore in the region. Additionally, China has enhanced up its aluminum production capacity over the past decade. The country produces over 50% of the aluminum produced globally, which will positively impact the regional industry growth. 

Key insights presented in the report:

·         Market revenue shares by major business players, by type, application, and market scope of global Beverage Cans market

·         Sales revenue by key players and new entrants

·         Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.

·         Recent mergers, acquisitions, product launches, recent investments, and joint ventures

·         Regional analysis to provide insight into recent trends and opportunities.

To know more about the report @ https://www.reportsanddata.com/report-detail/beverage-cans-market

Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.   

Explore Reports and Data’s Prime Analysis of the global FMCG :

1. Starch Derivatives Market Size, Share & Share By Product Type and By Region, Forecast to 2028

2. Food And Beverage Mechanical Seals Market Size, Trends & Analysis, By Type And Regional Forecast Over 2017-2028

3. Aseptic Processing Market Size, Share & Analysis, By Type, By Application and Regional Forecast over 2017-2027

4. Prepared Food Equipment Market Size, Share & Analysis, By Product Type, By Application, By Region, Forecast To 2027

5. Pet Food Processing Market Size, Trends & Analysis, By Type, By Application, By Region, Forecasts To 2027

Thyrister (SCR) Power Controller Market Size, Share, Key Players, Growth Trend, and Forecast, 2020–2026

The latest industry analysis report by Reports and Data, titled ‘Global Thyrister (SCR) power controller Market,’ carefully studies the global Thyrister (SCR) power controller industry and primarily focuses on its core mechanism and major factors influencing industry growth. The Thyrister (SCR) power controller industry report explains the most important aspects of industry including key dynamics such as drivers, restraints, opportunities, threats, challenges, and several micro-economic and macro-economic factors. The report serves as a valuable source of information on the Thyrister (SCR) power controller industry and throws light on its intensely competitive scenario, drawing readers’ focus on the key business growth strategies employed by the key market players. The report’s precise market projections are based on historical, current, and future market contexts. Additionally, the report highlights the forecast global market value, upcoming market trends, gross revenue generation, manufacturer and buyer landscape, available products & services, technological breakthroughs, and end-use industries. The report further offers full coverage of the COVID-19 pandemic on the Thyrister (SCR) power controller industry and its leading segments. It thus highlights the profound changes that took place in this business sphere following the coronavirus outbreak.

Get a PDF sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1246

Global FMCG Market: Synopsis

The global FMCG industry has gained major momentum in the recent past, owing to favorable factors such as booming global population, significant rise in demand for food globally, rapid globalization, and paradigm shifts in consumer lifestyles and preferences. Rising demand for processed and packaged foods, increasing consumer awareness of health & hygiene, growing demand for personal care products, and rapid adoption of eco-friendly and sustainable product packaging solutions are other major factors accounting for the growth of this industry. Furthermore, the global FMCG industry growth is driven by increasing adoption of state-of-the-art technologies such as the IoT (Internet of Things), 3D printing, and robotics in the FMCG manufacturing sector and increased government investments in the development of FMCG logistics and transportation infrastructure.  

Get a flat discount on the Thyrister (SCR) power controller market report @ https://www.reportsanddata.com/discount-enquiry-form/1246 

Key Components of the Global Thyrister (SCR) power controller Market:

  • Global Market Overview
  • Overall Economic Impact on the Thyrister (SCR) power controller Industry
  • Production and Revenue Share Analysis, by Region
  • Supply, Consumption, Export, and Import Ratio Analysis, by Region
  • Market Competition, by Manufacturer
  • Production, Revenue (Value), Price Trend, by Type and Application
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Manufacturing Cost Analysis

Regional Segmentation of the Global Thyrister (SCR) power controller Market:

§  North America

§  Latin America

§  Asia Pacific

§  Europe

§  Middle East & Africa 

Top Companies Profiled in the Report: 

Honeywell (US), Advanced Energy Industries (US), ABB (Switzerland), Omron (Japan), Schneider Electric (France), Chromalox (US), CD Automation (Italy), Gefran (Italy), JUMO (Germany), and Control Concepts (US).

In order to know more about the report, visit @ https://www.reportsanddata.com/report-detail/thyrister-scr-power-controller-market

Global Thyrister (SCR) power controller Market Segmentation:

Category Outlook (Revenue, USD Million; 2018-2026)

·         Three Phase

·         Single Phase

Control Outlook (Revenue, USD Million; 2018-2026)

·         Phase Angle Control

·         Integral Cycle Switching

End user Outlook (Revenue, USD Million; 2018-2026)

·         Chemical

·         Industrial furnace

·         Glass and Crystal

·         Metals

·         Oil & Gas

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/1246

Thank you for reading our report. For further details on the report or its customization, please connect with us. Our team will ensure the report is equipped with crucial information and well-suited to your needs.

Browse Related Reports –

1. Electric Wheelchair Market

2. EFEM & Sorters Market

3. Lighting Control Market

4. Personal Care Appliances Market

5. Security Inspection Market

Read Our Blog @ https://reportsanddata.com/blog/top-8-food-industry-trends

Terrestrial Laser Scanning Market Size Analysis, Industry Outlook, & Region Forecast, 2020-2026

The global Terrestrial Laser Scanning market is expected to reach USD 5.6 billion by 2026, according to a new report by Reports and Data. Terrestrial Laser Scanning market is boosted by a rise in demand for land surveys and 3D scanning techniques that can be used in the infrastructure industry in the APAC region. Increasing expenditure in the infrastructure market is in turn boosting the terrestrial laser Scanning market.

The laser Scanning is famous among industrial applications. Certain companies use it to get the exact data of the surrounding and are also used in emergencies such as evacuation. A Laser Scanning is used to monitor the forest resources environment. It is also used in capturing geographical data and aid in topographical surveys.

Asia Pacific has the highest CAGR OF 7.2%. It dominates the market due to the increasing usage of laser Scanning by notable companies for surveys. North America follows closely. Growing infrastructure in Brazil and Mexico will boost the market in that region as well.

To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1244

Key participants include Carl Zeiss Optotechnik (Germany), 3D Digital Corporation (US), Maptek (Australia), Trimble (US), Creaform (Canada), RIEGL Laser Measurement Systems (Austria), FARO Technologies (US), Topcon (Japan), Hexagon (Sweden) and Teledyne Technologies (US) among others.

For the purpose of this report, Reports and Data have segmented global Terrestrial Laser Scanning market on the basis of solutions, application, types and region:

Solution Outlook (Revenue, USD Million; 2018-2026)

  • Hardware
  • Software
  • Oil and gas
  • Mining
  • Infrastructure
  • Forestry and Agriculture
  • Transportation and Logistics

Application Outlook (Revenue, USD Million; 2018-2026)

  • Building Information Modeling (BIM)
  • Surveying
  • Research and Engineering

Type Outlook (Revenue, USD Million; 2018-2026)

  • Phase Shift Scanning
  • Pulse based Scanning
  • Mobile Scanning

Regional Outlook (Revenue, USD Million; 2018-2026)

  • North America
    1. U.S.
  • Europe
    1. Germany
    2. UK
  • Asia Pacific
    1. China
    2. India
  • Latin America
    1. Brazil
  • MEA

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1244

Further key findings from the report suggest

  • Terrestrial Laser Scanning dominated the market in the year 2018 with a market share of USD 3.15 billion. Its primary application is in geographical data required in topographical surveys.
  • Terrestrial Laser Scanning had infiltrated the residential construction market along with mobile mapping of buildings. It is used to study the lay of the land where the construction is to take place.
  • Phase based Scanning is commonly used in building surveys or short-range work whereas pulse base Scanning is all about speed. Pulse based Scanning is used for long distance work.
  • In mining, laser technology is used to measure the position of surface or targeted feature. Laser scanning is also used to create a 3D model of the mining area.
  • A major use of laser Scanning is nowadays in forestry. It is an efficient way of acquiring a tree’s detail attribute in the forest plot.
  • Building Information Model is used in engineering, research, asset management projects, upgrade in infrastructure etc.
  • The Asia Pacific region dominates the market with a CAGR of 7.2%. The emergence of multiple construction projects in this region has given a rise to the market of laser Scanning.
  • Faro technologies in May 2018, made an investment in present4D GmbH which is a professional solution provider of virtual reality. This alliance will amalgamate software into a broad range of spectrum that will drive the market.

Key Features of the Terrestrial Laser Scanning Market Report:

·         Detailed assessment and exhaustive understanding of the Terrestrial Laser Scanning Market

·         Significant insights into manufacturing processes, major barriers, and risks

·         8-year forecast estimation to offer information about the market size and market share on the global and regional levels

·         Evaluation of the key drivers, restraints, growth opportunities, threats, limitations, barriers, and other key elements

·         Identification of growth prospects and potential for the Terrestrial Laser Scanning industry

·         Comprehensive analysis of the key market players and their strategies

To know more about the report @ https://www.reportsanddata.com/report-detail/terrestrial-laser-scanning-market

Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.   

Explore Reports and Data’s Prime Analysis of the global Consumer Electronics:

1. EFEM & Sorters Market Size, Share & Share By Product Type, By Application and By Region, Forecast to 2028

2. Lighting Control Market Size, Share & Analysis, By Type And By Region, And Forecast To 2027

3. Personal Care Appliances Market Size, Share & Analysis, By Product Type And By Region, Forecast To 2027

4. Security Inspection Market Size, Share & Analysis, By Type And By End-Use, And By Region Forecast To 2027

5. Robotic Vacuum Cleaners Market Size, Share & Analysis, By Type, By Application And By Region Forecast To 2027

Power Over Ethernet (POE) Lighting Market Share, Company Profiles, Launches, & Forecast Till 2026

The global Power Over Ethernet (POE) Lighting Market is expected to reach USD 1.27 billion by 2026, according to a new report by Reports and Data. The growth of this market is mainly dependent on POE based products. Many devices like VoIP and wireless access points, especially in the commercial vertical are POE-compatible. The continuous increase in the demand of these devices has led to surging in the market of POE lighting market as well.

As the market is still at inception, companies are wary of using it for lighting. Even though POE is successful in the telephone system, it is still not accepted widely in lighting. Few companies realize its benefits and partnerships have been formed between lighting and technology companies. Plans are to integrate these POE lightings in the buildings, especially in commercial sectors. However, the limitations on the power delivered by POE-based power sourcing to end devices are hindering the growth of the market.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1238

North America holds the largest market share of 34%. This is mainly due to the easy availability of POE-power sourcing equipment and rise in demand for POE controllers and ICs. High purchasing power in the developed region is boosting the growth of this market in this region. Asia Pacific is expected to grow at a higher CAGR of 12.8% with an increase in applications of LED lightings and emergence of new constructions.

Key participants include Microsemi Corp., Linear Technology Corp., Maxim Integrated Products Inc., Cisco Systems, Inc., STMicroelectronics N.V., Texas Instruments Inc., Axis Communications AB, Cree, Inc., Panasonic Corp., D-Link Corp., and Koninklijke Philips N.V. among others.

For the purpose of this report, Reports and Data have segmented global Power Over Ethernet (POE) Lighting market on the basis of type, device type, application vertical and region:

Type Outlook (Revenue, USD Million; 2018-2026)

  • Power sourcing controllers and ICs
  • Powered devices controllers and ICs

Device Type Outlook (Revenue, USD Million; 2018-2026)

  • Power sourcing equipment
  • Powered devices

Application Outlook (Revenue, USD Million; 2018-2026)

  • Connectivity
  • Infotainment
  • Led Lighting control
  • Security and access control
  • Others

Vertical Outlook (Revenue, USD Million; 2018-2026)

  • Commercial
  • Residential
  • Industrial

Regional Outlook (Revenue, USD Million; 2018-2026)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1238

Further key findings from the report suggest

  • VoIP phones are encouraging the market. The benefit of it like simple installation, no maintenance, low communication cost is increasing the deployment of VoIP phones. The growth of the IoT industry is also lifting the market. Many of the devices are wireless and POE compatible and is powered by POE technology.
  • The POE solutions market is expected to show a rapid increase in the commercial It will have the highest CAGR of 12.6%. The high demand for connectivity, security and access control application in office buildings is driving the market.
  • Industrial segment demand for the connected system, high security, and biometrics access will also pus the market for POE. Oil and gas companies, transportation, telecommunication, power are some of the industries that have an application of POE Lighting market. Deployment of smart and connected lights is also growing in this sector.
  • POE in infotainment is also one of the commonly used applications. The rise in the entertainment sector shows an increase in the equipment and its various requirements. Ethernet is fast, and the power can be used in automotive as well to make it smart.
  • POE is also known as the missing link between ceilings and a new breed of smart buildings. Development in the construction sector means that new added benefits and features in the building. POE can be included as well because of the need for smart recessed lights and better connectivity and security.

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/power-over-ethernet-poe-lighting-market

Key Features of the Power Over Ethernet (POE) Lighting Market Report:

·         Detailed assessment and exhaustive understanding of the Power Over Ethernet (POE) Lighting market

·         Significant insights into manufacturing processes, major barriers, and risks

·         8-year forecast estimation to offer information about the market size and market share on the global and regional levels

·         Evaluation of the key drivers, restraints, growth opportunities, threats, limitations, barriers, and other key elements

·         Identification of growth prospects and potential for the Power Over Ethernet (POE) Lighting industry Comprehensive analysis of the key market players and their strategies

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/1238

Browse Related Reports –

Electric Wheelchair Market- https://www.reportsanddata.com/report-detail/electric-wheelchair-market

EFEM & Sorters Market- https://www.reportsanddata.com/report-detail/efem-and-sorters-market

Lighting Control Market- https://www.reportsanddata.com/report-detail/lighting-control-market

Personal Care Appliances Market- https://www.reportsanddata.com/report-detail/personal-care-appliances-market

Robotic Vacuum Cleaners Market- https://www.reportsanddata.com/report-detail/robotic-vacuum-cleaners-market

 

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or queries about customization options, please reach out to us, and we will offer you the report best suited for your needs.

Power Discrete Market Size Analysis, Industry Outlook, & Region Forecast, 2020-2026

The global Power Discrete Market is estimated to reach USD 20.36 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the steadily growing demand for IGBTs (Insulated Gate Bipolar Transistors), the use of discrete silicon-based IGBTs which enhances the efficiency of electronic devices that range from consumer electronics to power electronics. The purpose of silicon-based IGBTs adds significantly to the advancement of power electronics. Based on statistics, the rise in demand for IGBTs will boost market growth. With increasing energy needs across the world, the power grid infrastructure is refurbished to generate more power, distribute and transmit it efficiently, and controls the consumption as per the demands of the end-user, hence propelling its need in the global power discrete market. In the industrial aviation sector, technologically advanced power discrete devices are achieving popularity to meet the ever-increasing electronic content in new generation aircraft.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1236

The report covers in-depth profiling of the prominent players of the industry and includes  Infineon Technologies AG, ST Microelectronics N.V., Mitsubishi Electric Corp., International Rectifier, ON Semiconductor Corp Vishay Intertechnology Inc., Vectron International, Fairchild Semiconductor International Inc., Toshiba Corp., Siward Crystal Technology, Fuji Electric Co Ltd, Renesas Electronics Corp, and Tongfang Guoxin Electronics among others. Furthermore, it offers a detailed analysis of the competitive landscape of the market with insightful data on recent trends, technological developments, product advancements, methodologies, and strategic business decisions such as mergers and acquisitions, joint ventures, collaborations, and product launches, among others.

It further offers critical insights on the regional bifurcation of the market with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report studies dynamic market elements such as drivers, restraints, challenges, threats, opportunities, and growth prospects, among others. The report offers strategic recommendations to the new entrants as well as established players to assist them in capitalizing on the advantageous opportunities.

For the purpose of this report, Reports and Data have segmented global Power Discrete Market on the basis of Product, Application, End Users, Range and region:

Product Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)

  • Insulated Gate Bipolar Transistor (IGBT)
  • Gallium Nitride (GaN)
  • Power rectifiers
  • Metal Oxide Semiconductor Field Effect Transistor (MOSFET)
  • Silicon Carbide (SiC)

End User Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)

  • EV/HEV
  • Renewable Energy
  • Industrial Motor Drive

Application Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)

  • Automotive
  • Consumer
  • Medical
  • Cellular handsets and infrastructure
  • Lighting 

Range Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)

  • Less than100V
  • 100V to 600V
  • 600V to 200V
  • 1200V

Browse Complete Report @ https://www.reportsanddata.com/report-detail/power-discrete-market

Key Point Summary of the Report:

The global Power Discrete market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.

Key Question Addressed in the Report:

·         What are the key driving factors of the Power Discrete industry?

·         What will the market size and growth rate be throughout the forecast period?

·         Who are the prominent players of the Power Discrete industry?

·         What are the technological advancements and product developments taking place in the Power Discrete market?

·         What are the key outcomes of the SWOT analysis and Porter’s Five Forces analysis?

·         Which region is expected to dominate the market in the coming years?

·         What are the key risk factors and challenges the companies will face in the market?

Table of Content:

Chapter 1. Market Synopsis

   1.1. Market Definition

   1.2. Research Scope & Premise

   1.3. Methodology

   1.4. Market Estimation Technique

Chapter 2. Executive Summary

   2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Power discrete Market Segmentation & Impact Analysis

   4.1. Power discrete Market Segmentation Analysis

   4.2. Industrial Outlook

       4.2.1. Market indicators analysis

       4.2.2. Market drivers analysis

              4.2.2.1. Increasing demand for IGBTs

              4.2.2.2. The use of discrete silicon-based IGBTs

      4.2.3. Market restraints analysis

Continued….

Request for Customization of Report @ https://www.reportsanddata.com/request-customization-form/1236

Thank you for reading our report. Customization of the report is available based on the client’s requirements. For more details, kindly connect with us, and our team will ensure the report is suited to meet your requirements.

Pomegranate and Pomegranate Arils Market Revenue Share, Drivers & Trends Analysis, 2020–2027

  The global  Pomegranate and Pomegranate Arils market  is expected to reach USD 23.14 Billion by 2026, according to a new report by Reports...