The Energy Storage Systems Market is expected to grow at a higher CAGR of 10.5% over the forecast period (2022-2029). The factors driving growth of the Energy Storage Systems Market includes growin…

The Drone Taxi Market is expected to Grow at a higher CAGR of 70.3% during the forecast period, 2022-2029.The factors driving growth of the Drone Taxi Market includes development of vertiports and infrastructure for drone delivery services, rising focus on reducing traffic congestion, increasing number of smart city projects around the world, growing demand for autonomous air ambulance vehicles and improvements in the living standards. Moreover, Government initiatives to develop pollution free travel transportation systems, deployment of autonomous aircrafts for intracity transportation, growing adoption oof advanced technologies and rapid urbanization, are some of the additional factors supplementing the Drone Taxi Market share. In addition, the increasing investments by major corporations on research and development, strategic alliances between companies and growing disposable incomes, are further propelling the Drone Taxi Market size.However, growth of the Drone Taxi Market is hindered attributed to rising concerns related to cybersecurity.The major players operating in the Drone Taxi Market includes Opener, SkyDrive Inc., EHang, LILIUM GMBH, Textron Inc, Karem Aircraft, Inc., Airbus, Volocopter GmbH, Joby Aviation and Boeing, among others.Based on Range, the Intracity emerged as the fastest growing segment during the forecast periodIntracity drone taxi services are useful for on-demand transportation between within core urban areas and suburban destinations outside cities, is propelling growth of the segment.Based on End-Use Industry, the Ride Sharing Companies segment is projected to grow at a significant CAGR over the forecast periodGoring demand for faster transportation services and increase in the number of taxi service operators, are pushing growth of the segment.Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast periodAs per the Drone Taxi Market Trend, presence of the leading players such as Textron Inc, Joby Aviation, and Boeing, increase in the construction of smart cities across United States and Canada, rising population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.Key DevelopmentsIn 2021, EHang and Spanish National Police partnered to explore potential use cases for AAV in emergency and security mission.In 2021, Joby Aviation and NASA partnered to measure noise footprint of electric taxi by gathering highly valuable aircraft safety and noise data that will contribute towards an aviation future that include Advanced Air Mobility operations.Market SegmentationSegmentation by RangeIntercityIntracitySegmentation by AutonomyFully AutonomousRemotely PilotedSegmentation by Passenger CapacityUp to 23 to 5More than 5Segmentation by End-Use IndustryRide Sharing CompaniesHealthcareScheduled OperatorsPrivate OperatorsSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: [email protected]: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/ 

The Cybercrime & Security Market is estimated to reach USD 343.9 billion in 2029, expanding at a CAGR of 10.6% over the forecast period (2022-2029). The factors driving growth of the Cybercrime & Security Market includes rise in the number of c

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Insect Feed Market is expected to grow at a CAGR of 10.5% over the forecast period, till 2029.The factors driving the growth of Insect Feed Market includes growing consumption for meat and egg products around the world, high nutritional values provided by insects, changes in diet pattern, rise in the production of livestock and improvements in the living standards. Moreover, rising awareness about he benefits of insect feed products, high prices of soybean meals, wheat and corns, high feed conversion ratio of insects, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Insect Feed Market Growth. In addition, the increasing investments by major corporations on research and development, growing adoption of advanced technologies by major manufacturers and rising population growth rates, are further contributing towards the market growth.However, growth of the Insect Feed Market is hindered due to strict regulations regarding the production of insect feed products.The major players operating in the market are InnovaFeed, Tiny Farms, Enviroflight, Protix, Insect Technology Group Holding UK Ltd., Alltech Coppens, AgriBriefing Ltd., nextProtien, and Enterra Corporation, among others.  Based on Application, the Poultry segment is predicted to capture the largest market share during the forecast periodIncreasing use of cockroaches, stink bugs and scale insects in insect feed products, is the major factor pushing growth of the segmentOn the other hand, the Aquaculture segment is projected to grow at a remarkable CAGR over the forecast period attributed to growing demand for farmed fish and increasing awareness about the benefits of consuming livestock and fish.Based on Region, the North American region is anticipated to hold the highest market share over the forecast periodIncreasing use of Hawaii insects for producing insect feeds, growing adoption of advanced technologies by manufacturers, rising consumption of fish and meats across United States and Canada, and high per capita incomes, are some of the important factors augmenting the market growth in North American region.Key DevelopmentIn 2018, Protix introduced its first insect fed salmon, branded as a friendly salmon. The new feed for salmon is derived from Portix’s Black Fly larvae meal, Proteinx.Market SegmentationSegmentation by SourceMeal WormsFly LarvaeOthersSegmentation by ApplicationAquaculturePoultryPigOthersSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com 

The Vegan Cosmetics Market was estimated around USD 14.8 billion in 2021 and is expected to reach USD 24.4 billion by 2029, growing at a CAGR of 6.4% over the forecast period (2022-2029). The facto…