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Compressor Oil Market Expected To Fuel Industry Growth With $5.59 Billion By 2025: Grand View Research Inc.

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  According to a report published by Grand View Research, the demand for the compressor oil market has witnessed an upsurge in the recent past owing to the usage of the product in end-use industries such as manufacturing, food processing, chemical, automotive, construction, and aerospace. According to a report, “ Compressor Oil Market Size, Share & Trends Analysis Report By Base Oil (Synthetic, Mineral, Bio-Based), By Compressor Type (Positive Displacement, Dynamic), By End Use, And Segment Forecasts, 2018 - 2025 ” published by Grand View Research, Inc., the global compressor oil market size is estimated to reach USD 5.59 billion by 2025, progressing at a CAGR of 5.1% during the forecast period. The growing industrial sector in the Middle East and the Asia Pacific is anticipated to drive the demand for compressor oils over the forecast period. Manufacturers have to comply with regulations and guidelines regarding the disposal of industrial compressor oils. Surging demand for bi

U.S. Healthcare Discount Plan Market Expected To Witness A Substantial Growth Of $3.3 Billion By 2027: Grand View Research Inc.

  The U.S. healthcare discount plan market size is expected to reach USD 3.3 billion by 2027 and is expected to expand at a CAGR of 9.6% from 2020 to 2027 , according to a new report by Grand View Research, Inc. Rising healthcare costs, increase in the prevalence of lifestyle-related diseases, and high out-of-pocket expenditures are driving the adoption of healthcare discount plans to promote affordable treatment and curb healthcare costs in U.S. Increasing number of investments, new package launches, public-private partnerships, joint ventures, and mergers & acquisitions among key payers and providers to deliver affordable healthcare solution are expected to boost market growth. Moreover, increase in demand for improving treatment quality and outcomes and providing coordinated patient care is further fueling market growth. For instance, in June 2020, United Healthcare launched United Healthcare Hearing, a new service that offers affordable and quality hearing solutions. The co

Marketing Analytics Software Market Expected To Witness A Substantial Growth Of $7.43 Billion By 2027: Grand View Research Inc.

  The global marketing analytics software market size is expected to reach USD 7.43 billion by 2027 , according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.8% from 2020 to 2027. The integration of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) offers promising growth prospects for the market. AI is expected to help marketers deliver the right brand message across different marketing channels and improve search results, which lead to desired landing pages and websites. The primary objective of marketing analytics is to understand and offer insights regarding customer preferences, which can be achieved by deploying AI-enabled chatbots for customers and carefully analyzing consumer demands. For instance, Starbucks Corporation uses predictive analytics to gather and analyze customer data and offer personalized marketing messages to customers. The 5G delivery model offers promising market growth opportunitie

Autonomous Mobile Robots Market Likely To Touch At $8.3 Billion By 2027: Grand View Research Inc.

  The global autonomous mobile robots market size is expected to reach USD 8.3 billion by 2027 registering a CAGR of 19.6% from 2020 to 2027 , according to a new report by Grand View Research, Inc. Autonomous Mobile Robots (AMRs) have triggered a paradigm shift in performing tasks that are commonly associated with manufacturing and distribution, such as material picking, handling, and sorting. These robots ensure reliable handling of raw material and manufactured items within any particular distribution and production facility, thereby eliminating any potential disruption in the operations. AMRs are typically equipped with different types of sensors, such as LiDAR sensors, to navigate safely through the equipment and workers. Manufacturing and distribution facilities are aggressively deploying material handling automation systems for tasks, such as picking & packing, moving, and sorting items. Incumbents of the transportation & logistics industry are particularly deploying