Global Artificial Turf Market

Artificial intelligence (AI) is a simulation of the human intelligence in machines that are programmed to think and behave like humans. AI helps to complete the job quickly and with relatively few errors. The main technology types of artificial intelligence are machine learning, natural language processing, context-aware computing, computer vision and others. Machine learning is an artificial intelligence (AI) program that allows systems to automatically learn and improve from experience without being explicitly programmed. The AI technology is offered through hardware, software and services that are used by healthcare, automotive, agriculture, retail, marketing, telecommunication, defense, aerospace, media and entertainment and other end use industries. The artificial intelligence market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence market statistics, including artificial intelligence industry global market size, regional shares, competitors with an artificial intelligence market share, detailed artificial intelligence market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence industry. This artificial intelligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global artificial intelligence market size will grow from $56.89 billion in 2022 to $73.38 billion in 2023 at a compound annual growth rate (CAGR) of 29.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global artificial intelligence market size is expected to grow to $167.29 billion in 2027 at a CAGR of 22.9%. Growing investment in AI technologies contributed to the growth of the Artificial intelligence market. Many companies are investing in AI technologies or AI start-ups to increase the efficiency of AI software as AI enables them to make more informed decisions and achieve better results. For instance, Microsoft has invested around $1 billion in OpenAI a San Francisco company. The two companies had formed a partnership to develop AI supercomputing technologies on Microsoft's cloud Azure. AI is useful across multiple sectors. For instance, AI can lead to breakthroughs in R&D and diagnostics in healthcare sector, it can help make better forecasts in finance, and in manufacturing, it can increase production controls and efficiency. Therefore, rise in investment in AI technologies due to its advantages in every sector is driving the market for the Artificial Intelligence market. The limited number of AI Experts is a major challenge in the Artificial intelligence market. To develop the AI software the company needs AI experts, practitioners, and researchers. According to Tencent, a Chinese multinational technology conglomerate holding company, there are 300k AI researchers and practitioners worldwide, but the market demand is around millions of roles. The limited number of AI experts may harm the Artificial intelligence market. Automated machine learning is being implemented by many companies. It is quite complicated to apply traditional machine learning models for real-world business problems. The better solution is to use Automated machine learning which allows non-machine learning (ML) experts to use machine learning algorithms without being machine learning wizards. For instance, tools like Google cloud AutoML are used to train custom-made and high-quality ML models with a minimum ML expertise. In January 2020, Apple acquired a Seattle-based start-up xnor.ai for a deal amount of $200 million. The acquisition is expected to strengthen in delivering AI capabilities. Xnor.ai is a US-based designer and developer of hardware and software solutions. Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA corporation, Samsung Electronics Co.Ltd., MicroStrategy Inc., Qlik Technologies Inc., Verint Systems Inc. (Next IT Corp), Qualcomm Technologies, Micron Technology, Xilinx Inc., Intel corporation, ARM Holding, Advanced Micro Devices Inc., Huawei Technologies Co.Ltd., SAP, Intel, Salesforce, Brighterion, KITT.AI, IFlyTek, Megvii Technology, Albert Technologies, H2O.ai, Brainasoft and Yseop. Asia-Pacific was the largest region in the artificial intelligence market in 2022. North America was the second largest region in the global artificial intelligence market. The regions covered in the global artificial intelligence market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the artificial intelligence market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The artificial intelligence market includes revenues earned by entities by offering artificial intelligence software. Artificial Intelligence (AI) is sometimes referred to as machine intelligence. Artificial intelligence is a wide-ranging branch of computer science-related to building smart machines that can perform tasks that require human intelligence. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global artificial intelligence market is segmented - 1) By Offering: Hardware, Software, Services 2) By Technology: Machine learning, Natural language processing, Context-Aware Computing, Computer Vision, Other Technologies (Image processing, Speech recognition) 3) By End-user Industry: Healthcare, Automotive, Agriculture, Retail, Marketing, Telecommunication, Defense, Aerospace, Media & Entertainment, Other End-User Industries

Artificial intelligence is a wide-ranging branch of computer science-related with building smart machines that can perform tasks that require human intelligence. The main technology types of artificial intelligence services are machine learning, computer vision, natural language processing (NLP), and others. Machine learning is an artificial intelligence (AI) program that allows systems to automatically learn and improve from experience without being explicitly programmed. The various software tools used include web-based and cloud application programming interface, processing and modeler, archiving, and data storage that are used to provide managed services and professional services. The services are used by different end users such as banking, financial, and insurance (BFSI), IT and telecom, retail, manufacturing, public sector, energy and utility, and healthcare, among others. The artificial intelligence (AI) services market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence (AI) services market statistics, including artificial intelligence (AI) services industry global market size, regional shares, competitors with an artificial intelligence (AI) services market share, detailed artificial intelligence (AI) services market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) services industry. This artificial intelligence (AI) services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global artificial intelligence services market size will grow from $12.39 billion in 2022 to $18.34 billion in 2023 at a compound annual growth rate (CAGR) of 48.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global artificial intelligence services market size is expected to grow to $55.38 billion in 2027 at a CAGR of 31.8%. The rise in the adoption of cloud-based solutions is a key factor driving the growth of the artificial intelligence services market. Artificial intelligence (AI) as a service lets businesses experiment with AI for different activities without a high initial investment. Experimentation enables many cloud computing platforms to check different machine learning algorithms and helps streamline how data is analyzed and managed. Businesses are deeply interested in cloud-based machine learning, which lets them experiment through their services and help their clients make informed decisions based on the data. For instance, in March 2020, Google announced the beta launch of Cloud AI Platform Pipelines, which provides its customers with repeatable machine learning pipelines that can be installed easily and used for machine learning workflows securely. The integration of AI applications into its cloud draws more customers, thus enhancing market growth over the forecast period. Therefore, the rise in the adoption of cloud-based solutions is expected to drive the growth of the artificial intelligence services market. The risks associated with data breaches and hacks are hampering the growth of the artificial intelligence services market. The World Economic Forum (WEF) has cautioned that new technologies such as the Internet of Things, artificial intelligence, and quantum computing can turn around human lives, but may also make society more vulnerable to cyber-attacks. It was stated that attacks occur on average once every 39 seconds and a single breach could cost as much as $150 million in 2020. Although companies and organizations are aware of these risks, breach activity still takes around six months to detect, and the long delays between original network breach and security responses allow hackers to take advantage of significant quantities of data. According to the State of the breach June 2020, about 16 billion records including credit card numbers, phone numbers, home addresses, and other sensitive information were exposed through data breaches since 2019. Therefore, the risks associated with data breaches and hacking hampers the growth of the artificial intelligence services market. The use of artificial intelligence as a service for human interaction with machines using natural language processing (NLP) is a key trend shaping the artificial intelligence services market. Natural language processing (NLP) is a type of artificial intelligence that explains how human language and computers interact. Machine translation is an enormous technology for NLP that enables us to overcome the challenges to contact people from all over the world and to understand software manuals and catalogs written in a foreign language. For instance, the Livox app, a customizable application in 25 languages helps the disabled to communicate. In January 2021, ServiceNow, a US-based provider of information technology management software for companies, acquired Element AI for $230 million. The acquisition of Element AI would significantly strengthen ServiceNow's commitment to developing the most intelligent workflow platform in the world, allowing staff members to work more quickly and intelligently, simplify business choices, and reach new heights of productivity. Element Ai is a Canada-based artificial intelligence (AI) company. Major players in the artificial intelligence services market are Intel Corp., International Business Machines Corp., Microsoft Corp., SAP SE, SAS Institute Inc., Amazon.com Inc., Salesforce, Google LLC., Oracle Corporation, Fair Isaac Corporation, Alphabet Inc., Apple Inc., CognitiveScale, Inc., Baidu, Inc., BigML, H2O.ai and Baidu Inc. Asia-Pacific was the largest region in the artificial intelligence services market in 2022. North America was the second largest region in the global artificial intelligence services market. The regions covered in the global artificial intelligence services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the artificial intelligence services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The artificial intelligence services market includes revenues earned by entities by providing AI services that are used in telecommunications, government, retail, defense and healthcare. Companies in the artificial intelligence market provide outsourced services to cater to business requirements. AI as a service enables individuals and businesses to use AI for different purposes, without significant initial investment and with lower risk. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global artificial intelligence services market is segmented - 1) By Technology: Machine Learning, Computer Vision, Natural Language Processing (NLP), Other Technology 2) By Services Type: Managed Services, Professional Services 3) By Software Tools: Web-based and Cloud Application Programming Interface, Processing and Modeler, Archiving and Data Storage 4) By Application Type: Fraud Detection, Data Analytics & Visualization, Customer Service and Management, Rsik Management, Compliance & Security 5) By End-User: Banking, Financial, and Insurance (BFSI), IT & Telecom, Retail, Manufacturing, Public Sector, Energy & Utility, Healthcare, Other End-Users

Artificial intelligence chips are specific computer chips designed to achieve high efficiency and speed for computations related to AI at the expense of low efficiency and speed for other calculations and that is used for assisting clients in obtaining business insights at scale across banking, finance, trading, insurance applications, and client engagements. The main types of artificial intelligence chips are GPU, ASIC, FPGA, CPU, and other chip types. A GPU provides the fastest graphics processing, and for gamers, the GPU is a stand-alone card plugged into the PCI Express (PCIe) bus. The processing types include edge and cloud. The technologies involved system-on-chip (soc), system-in-package (sip), multi-chip module, and other technologies. The applications are natural language processing (NLP), robotics, computer vision, network security, and other applications. The various industries include media and advertising, BFSI, IT and telecom, retail, healthcare, automotive and transportation, and other industries. The artificial intelligence chips market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence chips market statistics, including artificial intelligence chips industry global market size, regional shares, competitors with an artificial intelligence chips market share, detailed artificial intelligence chips market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence chips industry. This artificial intelligence chips market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global artificial intelligence chip market size grew from $15.65 billion in 2022 to $23.29 billion in 2023 at a compound annual growth rate (CAGR) of 48.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The artificial intelligence chip market size is expected to grow to $88.85 billion in 2027 at a CAGR of 39.8%. An increase in demand for smart homes and smart cities is expected to propel the growth of the artificial intelligence chip market going forward. A "smart city" refers to a city that uses digital or information-communication technology to improve the comfort and efficiency of human life. One strategy for urbanisation that aims to achieve sustainable growth is making cities equipped with cutting-edge features for residents to live, walk, shop, and enjoy a safer and more convenient existence. For instance, in March 2022, according to an article shared by Arab News, a Middle East English-language daily newspaper, Saudi Arabia launched a new smart city project in Jeddah for light industries and auto repair, opening the first two stages of the city, the second of which is a 500,000 square metre labour city. A total of 5 million square metres is covered by the Smart City initiative. Further, According to Saudi Vision 2030, a Saudi Arabia-based strategic framework, the city is distinguished by an interconnected infrastructure and the application of digital and smart technology to offer automated services to customers. Therefore, the increase in demand for smart homes and smart cities is driving the growth of artificial intelligence chips. Technological advancement is a key trend gaining popularity in the artificial intelligence chip market. Major companies in the artificial intelligence chip market are advancing in their new technologies and research and developments in the artificial intelligence chip market, such as the NVIDIA A100 chips to streamline AI training and inference and improve efficiency. For instance, in May 2020, NVIDIA, a US-based company that specialises in the development and production of chipsets, processors, and related multimedia software for computers operating in the artificial intelligence chip market, launched the EGX A100 and EGX Jetson. The first edge AI product based on the NVIDIA Ampere architecture is the EGX A100. The EGX Jetson is the world’s smallest and most powerful AI supercomputer for microservers, and the product has unique features such as providing high-performance, secure AI processing at the edge. There are two models: the EGX A100 for bigger commercial off-the-shelf servers and the compact EGX Jetson Xavier NX for micro-edge servers. Hospitals, shops, farms, and factories can process and secure the enormous volumes of data pouring from trillions of edge sensors with the NVIDIA EGXTM Edge AI platform. In January 2020, Apple Inc., a US-based multinational technology acquired Xnor.ai for a deal of $ 200 million. Through this acquisition, Apple Inc aims to strengthen its product portfolio in artificial intelligence-enabled image recognition tools. Xnor.ai is a US-based software company. Major players in the artificial intelligence chip market are Intel Corporation, Mediatek Inc., NVIDIA Corporation, Qualcomm Technologies Inc., Advanced Micro Devices Inc., Alphabet Inc., NXP Semiconductors N.V, Micron Technology Inc., IBM Corporation, Apple Inc., Huawei Technologies Co. Ltd., Mythic Inc., Samsung Electronics Co. Ltd., LG Corporation, and Google LLC. North America was the largest region in the artificial intelligence market in 2022. The regions covered in this artificial intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the artificial intelligence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The artificial intelligence chips market consists of sales of application-specific integrated circuits (ASICs), field-programmable gate arrays (FPGAs), central processing units (CPUs), and GPUs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global artificial intelligence chip market is segmented - 1) By Chip Type: GPU, ASIC, FPGA, CPU, Other Chip Types 2) By Processing Type: Edge, Cloud 3) By Technology: System-On-Chip (SoC), System-In-Package (SIP), Multi-Chip Module, Other Technologies 4) By Application: Natural Language Processing (NLP), Robotics, Computer Vision, Network Security, Other Applications 5) By Industry: Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Other Industries

Modular and prefabricated non-residential building construction is the process of building, altering, repairing, improving, or demolishing any non-residential building or structure which is developed off-site using the same resources and constructing the same codes and specifications as conventionally designed structures but in about half the time. The main types of modular and prefabricated non-residential building construction are standard metal, agricultural metal, modular non-metal, and panelized precast non-metal. A standard metal is a solid material that is usually hard, opaque, and lustrous, with strong electrical and thermal conductivity. The applications of modular and prefabricated non-residential building construction include institutional, industrial, commercial, and agricultural building construction, and the end-users are private and public companies. The modular and prefabricated non-residential building construction market research report is one of a series of new reports from The Business Research Company that provides modular and prefabricated non-residential building construction market statistics, including modular and prefabricated non-residential building construction industry global market size, regional shares, competitors with a modular and prefabricated non-residential building construction market share, detailed modular and prefabricated non-residential building construction market segments, market trends and opportunities, and any further data you may need to thrive in the modular and prefabricated non-residential building construction industry. This modular and prefabricated non-residential building construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global modular and prefabricated nonresidential building construction market size will grow from $68.78 billion in 2022 to $72.56 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global modular and prefabricated nonresidential building construction market size is expected to grow to $89.74 billion in 2027 at a CAGR of 5.5%. The global modular and prefabricated non-residential building construction market is expected to grow in the forecast period due to an increase in urbanisation and industrialization. According to the World Economic Forum, in 2020, 56.2 percent of the world's population was urban. In Northern American countries, urban populations accounted for the greatest proportion—83.6 percent of residents lived in cities in 2020. As per World Urbanization Prospects by the United Nations, the largest urban growth will take place in India, China, and Nigeria. The rapid growth and development of urban housing demands more precise planning timelines and reduced prices. Due to this, construction firms are adopting cost-effective, proven technologies like precasting to ensure the highest standards and uniform quality that can be met by prefabricated technology. The construction industry is considered to be slow and conservative in adopting innovative and new technologies. The construction sector comprises numerous small suppliers, and the R&D budget is also limited in comparison to other sectors. In developing or underdeveloped countries of the Asia-Pacific region, as well as in Africa and South America, people are less aware of this construction method, the advantages it offers, and the recyclability of modular buildings. Therefore, it is important to educate consumers regarding the positive effects of modular construction on the environment and the way it can contribute to a healthy lifestyle. Cross-laminated timber (CLT) is one of the promising technologies in the timber construction segment of the wood industry. The demand for CLT is increasing in non-residential building construction, such as schools, restaurants, stores, and warehouses, which is used as an alternative to steel and concrete because wood is evolving as a low-cost alternative. In the construction industry, 3D printing can be used to create construction components or to print entire buildings. 3D printing construction is majorly used for building complex components for private, commercial, and industrial construction. It provides advantages such as low labour costs, faster construction, and higher accuracy. The DFAB House is the world’s first inhabited house that was both digitally planned and built. For instance, in October 2022, Luyten 3D, an Australia-based building and construction company providing 3D printing technology, launched Platypus X12 concrete printer, an AI-powered mobile concrete 3D printer for application in the building and construction industry. It is one of the world’s largest printers and flexible to transform in size of 12 x 6 mobile crane in 20 minutes, which helps in expanding its capability to print large-scale structures. It has the capabilities of integrating acoustic and optical-based artificial intelligence for data-driven concrete printing. Moreover, the printer has an anti-clogging head that is patented. In December 2020, Wienerberger AG, an Austria-based company supplying international building and infrastructural solutions acquired Meridian Brick for $ 250 million ($0.25 billion). Through this acquisition, Wienerberger AG gained Meridian Brick masonry solutions portfolio which would immediately double Wienerberger’s North American revenues to more than $800 million ($0.8 billion). Meridian Brick is a US-based supplier company providing sustainable and innovative masonry solution in key regions including Texas, South East USA, and Ontario as well as the largest brick consuming area in Canada. The company's product portfolio consists primarily of innovative systems for the building envelope for residential and commercial applications. Major players in the modular and prefabricated non-residential building construction market are Algeco Scotsman, Butler Manufacturing Company, Inc., Champion Home Builders, Inc., Red Sea Housing, Lindal Cedar Homes, Kirby Building Systems, Alan Pre-Fab Building Corp., ALHO Systembau GmbH, Allied Modular Building Systems Inc., American Buildings Company. Asia-Pacific was the largest region in the modular and prefabricated non-residential building construction market in 2022. Africa is expected to be the fastest-growing region in the global modular and prefabricated nonresidential building construction market during the forecast period. The regions covered in the global modular and prefabricated nonresidential building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the modular and prefabricated non-residential building construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The modular and prefabricated non-residential building construction market includes revenues earned by entities by constructing modular and prefabricated non-residential buildings such as offices, sports, and college buildings. The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The modular and prefabricated housing non-residential building construction work performed includes new work, additions, alterations, maintenance, and repairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global modular and prefabricated nonresidential building construction market is segmented - 1) By Type: Standard Metal, Agricultural Metal, Modular Nonmetal, Panelized Precast Nonmetal 2) By Application: Institutional, Industrial, Commercial, Agricultural 3) By End User: Private, Public

Lawn and garden tractor refer to higher horsepower engines to support the demands of multiple tasks while lawn tractors typically provide lower horsepower engines since they specialize mainly in lawn mowing. Lawn and garden equipment refer to tools used for gardening. The main product types of lawn and garden tractors and home lawn and garden equipment are blowers, chain saws, cutters and shredders, tractors, lawnmowers, sprinklers and hoses, and other product types. Chain saws refer to portable power saws that is having teeth linked together to form an endless chain. The power is manual, electric-powered, gas-powered, and other power. The operation is a walk-behind, rider, and other operations. The various end-users involved are residential users, professional landscaping services, and other end users. The lawn and garden tractor and home lawn and garden equipment market research report are one of a series of new reports from The Business Research Company that provides lawn and garden tractor and home lawn and garden equipment market statistics, including lawn and garden tractor and home lawn and garden equipment industry global market size, regional shares, competitors with a lawn and garden tractor and home lawn and garden equipment market share, detailed lawn and garden tractor and home lawn and garden equipment market segments, market trends and opportunities, and any further data you may need to thrive in the lawn and garden tractor and home lawn and garden equipment industry. This lawn and garden tractor and home lawn and garden equipment market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global lawn and garden tractor and home lawn and garden equipment market size will grow from $32.12 billion in 2022 to $33.6 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lawn and garden tractor and home lawn and garden equipment market size is expected to grow to $39.16 billion in 2027 at a CAGR of 3.9%. Growing golf course areas and development in the green space have led to a rise in demand for lawn and garden tractors and the home lawn and garden equipment market. Garden tractors are used for regular maintenance of golf courses. According to the National Golf Foundation, around 25.1 million Americans played golf in 2021 19. The surge in the number of people playing golf is generating higher demand for golf courses. Therefore, the surge in golf courses and green space resulted in increased spending on garden equipment, garden tractor, lawn, and home lawn equipment. The high price of the garden tractor, as compared to a lawn tractor is expected to limit the growth of the lawn and garden tractor and home lawn and garden equipment market. Garden tractors are considered more versatile and heavy-duty, thus costing more than lawn tractors. The price of garden tractors ranges between $2,200 and $8,000, whereas lawn tractors are priced between $1,200 and $2,200. Hence, the higher price of the garden tractor as compared to a lawn tractor is a burden for individuals and is likely to hurt the sales of garden tractors. Technological advancements have emerged as a key trend gaining popularity in the lawn and garden tractor and home lawn and garden equipment market. Major companies operating in the market are focused on introducing new technologies such as battery powered equipment in order to offer better convenience and features to customers. For example, in 2022, US based power tools and equipment manufacturer, ECHO Incorporated launched the ECHO eFORCE™ 56V Battery System. The new line of battery-powered outdoor equipment designed for consumer lawn and garden care provides homeowners a superior option of powerful and easy-to-use outdoor tools for the home garden, with the same high-quality and power used by professional landscapers. In January 2020, The Toro Company, a US-based company that deals with turf maintenance, landscape, rental and specialty construction equipment, and irrigation solutions acquired Venture Products, Inc., a manufacturer of Ventrac-branded products for $167.5 million. The acquisition supports growth strategy in the professional market with the addition of a strong brand and expanded product offering to customers in the turf, landscape, and snow and ice maintenance categories. Venture Products Inc., is a US-based manufacturer of equipment for turf and landscape grounds management, sidewalk snow removal, and specialty grounds care maintenance. Major players in the lawn and garden tractor and home lawn and garden equipment market are Ariens Company, Deere & Company, Husqvarna AB, Briggs & Stratton Corporation, The Toro Company, STIHL Holding AG & Company KG, Emak, Stanley Black and Decker Inc., Echo, and Makita Corporation. The Asia-Pacific was the largest region in the lawn and garden tractor and home lawn and garden equipment market in 2022. North America was the second largest region in the global agricultural implement market. The regions covered in the global lawn and garden tractor and home lawn and garden equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the lawn and garden tractor and home lawn and garden equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The lawn and garden tractor and home lawn and garden equipment market consists of sales of hand cultivator, tractor, lawn mower, harrow, spade, secateur, garden fork, sprinkler, rake, pruning saw, spray pump, grass shear, budding. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global lawn and garden tractor and home lawn and garden equipment market is segmented - 1) By Product Type: Blowers, Chain Saws, Cutters & Shredders, Tractors, Lawn Mowers, Sprinkler & Hoses, Other Product Types 2) By Power: Manual, Electric-Powered, Gas-Powered, Other Powers 3) By Operation: Walk behind, Rider, Other Operations 4) By End User: Residential Users, Professional Landscaping Services, Other End Users

Paper is a thin, flexible material that is typically manufactured in sheets from rags, wood, and lastics are a collection of materials, either man-made or natural, that can be molded while still soft and then hardened to keep the desired shape; rubber is a material that can be made stretchy by coagulating the milky juice of a variety of tropical plants; wood refers to the majority of the stems, branches, and roots of trees and shrubs are made of a hard fibrous substance called xylem that lies beneath the bark, and "textile" is a colloquial term for any fabric or product made by knitting, felting, or weaving. The main types of paper, plastics, rubber, wood and textile are apparel and leather products, furniture, general manufactured goods, paper products, plastics and rubber products, printing and related support activities, textile and wood products. Leather and allied product manufacturers turn hides into leather by tanning or curing them and then constructing them into finished products, as well as producing similar goods from other materials, such as leather alternatives like rubber, polymers, or textiles (excluding clothes). The different natures include organic, conventional and is distributed through various channels such as supermarkets or hypermarkets, convenience stores, e-commerce, others. The paper, plastics, rubber, wood and textile market research report is one of a series of new reports from The Business Research Company that provides paper, plastics, rubber, wood and textile market statistics, including paper, plastics, rubber, wood and textile industry global market size, regional shares, competitors with a paper, plastics, rubber, wood and textile market share, detailed paper, plastics, rubber, wood and textile market segments, market trends and opportunities, and any further data you may need to thrive in the paper, plastics, rubber, wood and textile industry. This paper, plastics, rubber, wood and textile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global paper, plastics, rubber, wood and textile market grew from $6573.88 billion in 2022 to $7032.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The paper, plastics, rubber, wood and textile market is expected to grow to $8939.16 billion in 2027 at a CAGR of 6.2%. Rapid Technological Development - Technology is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as "Green Tires," where 20-30% of a vehicle's fuel consumption is related to tire performance, took off during this period. Green Tires offer wet grip, durability and low rolling resistance, reducing fuel consumption by 5-7%. Thus, technological advances which enabled improved performance, reduced fuel consumption contributed to the market growth. Corona virus Pandemic - The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the paper, plastics, rubber, wood and textile manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the paper, plastics, rubber, wood and textile manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers in the plastic products industry are investing in automation technologies to reduce production costs, improve productivity and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, better product quality at lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15-30% in productivity after installing robotic automation systems. Around 180,000 machines were employed in the plastic manufacturing industry in 2021, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd. Major companies in the paper, plastics, rubber, wood and textile market include Nike Inc., Christian Dior SE, The Michelin Group, Adidas AG, Bridgestone Corporation, International Paper Company, Kimberly Clark Corporation, Rajesh Exports, Procter & Gamble and WestRock Company. Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2022. Western Europe was the second largest region in the paper, plastics, rubber, wood and textile market. The regions covered in the paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper, plastics, rubber, wood and textile market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The paper, plastic, rubber, wood, and textile market consists of sales of clothes, groceries, and wood furniture. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global paper, plastics, rubber, wood and textile market is segmented - 1) By Type: Apparel And Leather Products, Furniture, General Manufactured Goods, Paper Products, Plastics And Rubber Products, Printing And Related Support Activities, Textile, Wood Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Leather And Allied Products, Apparel, Institutional And Office Furniture, Household Furniture And Kitchen Cabinet, Mattresses, Blinds And Shades, Jewelry And Silverware, Sporting And Athletic Goods, Doll, Toy, And Game, Office Supplies (except Paper), Sign, All Other Miscellaneous Manufactured Goods, Converted Paper Products, Unfinished Paper, Pulp Mills, Rubber Products, Plastic Products, Printing, Support Activities For Printing, Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills, Finished Wood Products, Wood Processing, Manufactured Wood Materials

Artificial lift system refers to the system that run on artificial methods and is used to withdraw crude oil or water from production wells by increasing pressure within the reservoir. The artificial lift system aims to extract greater output by increasing production, output, and recovery. The main types of artificial lift systems include ESP, PCP, gas lift, rod lift, and others. The electric submersible pumps (ESP) refer to a multi-stage centrifugal pumps used to lift moderate and high volumes of liquids from wellbores. The electric power supply is supplied to ESP systems inside the well through electric cables. ESPs are particularly effective in wells with low bottom-hole pressure, a low gas/oil ratio, a low bubble point, a high water cut, or fluids with a low API gravity. They are used in both horizontal and vertical wells located onshore and offshore. They operate on two different mechanisms, which include pump assisted and gas-assisted. The artificial lift systems market research report is one of a series of new reports from The Business Research Company that provides artificial lift systems market statistics, including artificial lift systems industry global market size, regional shares, competitors with an artificial lift systems market share, detailed artificial lift systems market segments, market trends and opportunities, and any further data you may need to thrive in the artificial lift systems industry. This artificial lift systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global artificial lift system market size grew from $9.71 billion in 2022 to $10.54 billion in 2023, at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The artificial lift system market size is expected to grow to $14.07 billion in 2027 at a CAGR of 7.5%. The increase in production of oil is expected to propel the growth of the artificial lift system market going forward. Artificial lift systems are used in oil wells to increase the pressure within the reservoirs and increase the movement of oil to the surface. These systems are extensively used in oil production wells when natural drive energy is insufficient to increase the movement of oil to the surface. Though the oil wells possess required natural pressure during the initial stages of production, the pressure decreases over time and increase the demand for artificial lift systems for effective production. For instance, a report published in March 2021 by IEA (The International Energy Agency), projected that by 2026, global oil consumption will reach 104.1 mb/d (mb/d- thousand barrels per day). This represents an increase of 4.4 mb/d from 2019 levels. Therefore, the increase in the production of oil is driving the artificial lift system market. New product development is a key trend gaining popularity in the artificial lift system market. The challenging oil production environment worldwide has forced companies operating in the artificial lift system market to provide new and advanced products and services to fulfil the market demand. These new products offer several advantages such as new design features, better operational ability, and may cut down costs well. For instance, in February 2021, Wanner International, a UK-based Industrial equipment supplier launched a new Hydra-Cell jet pump hydraulic artificial lift solution. It is developed for the low-cost lifting of a barrel of fluid in oil and gas production. It is suitable for mainstream oil and gas production. In addition, in May 2019, Quick Connectors Inc (QCI), a US-based manufacturer of reliable electronic submersible pump (ESP) penetrators and wellhead solutions expanded its artificial lift solutions with the launch of a gas lift wellhead solution. It provides several distinctive design features and benefits for gas lift completions. In November 2020, Lufkin Industries, a USA-based provider of surface pumping equipment, downhole pumps, and others acquired the North American Land Rod Lift business from Schlumberger for an undisclosed amount. Through this acquisition, Lufkin Industries is focused on expanding its business footprint across the globe in products and technologies used in the upstream sector of the energy sector. Schlumberger Limited is a USA-based company involved in oil field services and equipment including downhole pumps and accessories, beam pumping units, sucker rods and gas lift products, and others across the globe. Major players in the artificial lift system market are Halliburton Company LLC, Schlumberger Limited, Baker Hughes, Weatherford International Ltd., Borets International, Dover Corporation, JJ Tech, NOV Inc., Novomet, General Electric, Flotek Industries, AccessESP, ChampionX, John Crane Group, BCP Group, PCM, APC, Petrolift, Rimera Group, and Flowco Production Solutions. North America was the largest region in the artificial lift system market in 2022. The regions covered in the artificial lift system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the artificial lift system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The artificial lift system market consists of revenues earned by entities by providing lifting services such as sucker-rod (beam) pumping, gas lift and intermittent gas lift, reciprocating and jet hydraulic pumping systems, plunger lift, and others. The market value includes the value of related goods sold by the service provider or included within the service offering. The artificial lift system market also includes sales of pump jack, plunger lift, high pressure control valve, pipeline, injection tubing, downhole assembly, and positive displace or jet pump, which are used in providing lifting services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global artificial lift system market is segmented - 1) By Type: ESP, PCP, Gas Lift, Rod lift, Other Types 2) By Mechanism: Pump Assisted, Gas Assisted 3) By Application: Onshore, Offshore 4) By Well Type: Horizontal, Vertical

Polyethylene terephthalate (PET) is a recyclable plastic resin. It is actually a polyester, created by the mixture of two monomers, namely, modified ethylene glycol and purified terephthalic acid. PET is often recycled into new PET containers, carpet, clothing, protective packaging, industrial strapping, automotive parts, construction materials, tennis balls, and tennis ball canisters. The main types of recycled polyethylene terephthalate are clear and colored. The term "clear recycled polyethylene terephthalate" refers to clear PET plastic, which is the most widely recycled plastic in the world. The recycled polyethylene terephthalate is used in various applications such as fiber, sheet and film, strapping, food & beverage containers and bottles, and non-food containers and bottles. They are used by the packaging, electrical and electronics, automotive, and construction industries. The recycled polyethylene terephthalate market research report is one of a series of new reports from The Business Research Company that provides recycled polyethylene terephthalate market statistics, including recycled polyethylene terephthalate industry global market size, regional shares, competitors with a recycled polyethylene terephthalate market share, detailed recycled polyethylene terephthalate market segments, market trends and opportunities, and any further data you may need to thrive in the recycled polyethylene terephthalate industry. This recycled polyethylene terephthalate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global recycled polyethylene terephthalate market size grew from $9.01 billion in 2022 to $9.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The recycled polyethylene terephthalate market size is expected to grow to $13.67 billion in 2027 at a CAGR of 8.7%. The increase in demand for sustainable packaging solutions is driving the growth of the recycled polyethylene terephthalate market. According to Placon, the leading designer and manufacturer of plastic thermoforming and injection-molded packaging, the coming decade will see the collection of post-consumer beverage bottles reach close to 100%. Recycling is critical to a sustainable future as it delivers fewer greenhouse gases and generates less waste. Global brands are including more and more recycled content in their packaging to meet consumer demands. The most popular and widely used brands, like Coca-Cola, PepsiCo, Unilever, Danone, and Nestle, have all made commitments to include up to 100% recycled plastic in their packaging. These companies recognize the value of PET, not just from an economical standpoint but also from a holistic sustainability standpoint. Technology advancement activities are a key trend gaining popularity in the recycled polyethylene terephthalate market, such as PET, the XTREME Renew process, and others. Innovative recycling and recovery techniques and technologies have enormous economic value in transforming post-use and difficult-to-recycle plastic. They can be converted into their original building blocks that can be continually reintegrated into supply chains as feedstocks for new plastics and chemicals, other raw materials for manufacturing, and lower-environmental-footprint transportation fuels. Advanced recycling can handle impurities, contamination, mixed polymers, and low-quality, low-density plastics. Other than these printing wastes, manufacturers also utilize PET waste from other streams for this purpose, thus lowering material costs. In 2021, LiquiGlide technology was adopted that removes friction, allowing thick, slow-moving liquids to flow more easily. This was used by Colgate's new clear PET toothpaste container. In June 2021, Indorama Ventures Sustainable Recycling (IVSR), based out of Asheboro, North Carolina, United States, the largest producer of food-grade recycled pellets (Recycled Polyethylene Terephthalate) in the U.S., announced the acquisition of Texas PET recycling facility Carbonlite Holdings LLC. This acquisition deal expands IVSR's recycling capacity to ten billion beverage bottles a year, moving it closer to its global target of recycling 50 billion bottles. Carbonlite Holdings LLC is the world’s largest recycler of plastic beverage bottles. It processes more than 7 billion bottles annually at its facilities in Dallas. Carbonlite Holdings LLC is headquartered in Los Angeles, California, in the United States. Major players in the recycled polyethylene terephthalate market are Placon Corporation, Verdeco Recycling Midwest Inc., Montello Spa, Antares Chem Private Limited, Indorama Ventures Public Company Limited, Zhejiang Anshun Pettechs Fibre Co. Ltd., PolyQuest Inc., Evergreen Plastics, Phoenix Technologies Ltd., M&G Chemicals S.A, LIBOLON, Clear Path Recycling LLC, BariQ, M&G Chemicals S.A., and OCTAL. Asia-Pacific was the largest region in the recycled polyethylene terephthalate market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the recycled polyethylene terephthalate report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the recycled polyethylene terephthalate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The recycled polyethylene terephthalate market consists of sales of recycled polyethylene terephthalate flakes and chips. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global recycled polyethylene terephthalate market is segmented - 1) By Product: Clear, Colored 2) By Application: Fiber, Sheet and Film, Strapping, Food & Beverage Containers and Bottles, Non-Food Containers and Bottles 3) By End-Use Industry: Packaging, Electrical & Electronics, Automotive, Construction