The global respiratory protective equipment market size is expected to reach USD 24.69 billion by 2030, registering a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Stringent government regulations and the emergence of the COVID-19 pandemic leading to awareness among consumers is expected to boost the product demand over the forecast period.

Key Insights & Findings from the report:

The APRs segment is anticipated to grow at the fastest CAGR from 2022 to 2030, in terms of revenue, on account of stringent government regulations, especially in developing countries in Asia Pacific. The healthcare end-use segment accounted for the largest revenue share in 2021 owing to the pandemic leading to a rise in demand for disposable filtering masks, such as N95 masks and surgical masks. The market in Asia Pacific is projected to grow at the fastest CAGR over the forecast period on account of the growing usage of respiratory protection in construction, mining, and oil & gas industries. Germany accounted for 22% of the Europe market revenue in 2021 on account of the growth of the construction industry due to the government's push for developing green infrastructure, which boosted the product demand. The industry participants focus on the research and development of new technologies for product manufacturing and integration across various stages of the value chain to gain a competitive edge in the market.

Respiratory Protective Equipment Market Growth & Trends

The emergence of new biological viruses, such as COVID-19, Middle East Respiratory Syndrome (MERS), and Severe Acute Respiratory Syndrome (SARS), along with a shift in a trend toward proactive measures in the healthcare sector is expected to propel the product demand over the forecast period.

The rising awareness, in the post-pandemic scenario, about infectious biological hazards is likely to influence the market growth. Moreover, the use of respiratory protection, such as Powered Air-purifying Respirator (PAPR) and Self-Contained Breathing Apparatus (SCBA), is expected to increase as end-user activities begin to normalize. Increasing concern regarding compensation costs on account of the rising number of injury cases in various industries, such as manufacturing, transportation, and chemicals, is anticipated to promote the adoption of workplace safety regulations. In addition, growing concerns regarding high-risk activities in the construction and manufacturing sectors are expected to drive RPE demand over the forecast period.

A majority of the market players are focusing on manufacturing APRs, such as disposable masks and N95 respirators, owing to their low costs and widescale application in the industrial sector. In addition, companies are partnering with raw material suppliers, automotive OEMs, etc. to manufacture APRs given their increasing demand across the globe. Major market players like 3M and Honeywell International Inc. are expected to further strengthen their forward and backward integration with more players following suit. This is likely to provide a competitive advantage and consolidate market shares, especially in the unpowered air-purifying respirator market segment.

The global military personal protective equipment market size is anticipated to reach USD 23.55 billion by 2028. Focus of military agencies on increasing the safety & security of their soldiers and rapid technological advancement is expected to drive the demand for military PPE. The global powered air purifying respirators market size is anticipated to reach USD 3.81 billion by 2030. Favorable government regulations about employee safety and the emergence of various infectious biohazards are anticipated to drive the demand for powered air purifying respirator. The global medical respiratory protective equipment market size is anticipated to reach USD 824.3 million by 2027 registering a CAGR of 8.2%, according to a new report by Grand View Research, Inc. Growing utilization of respiratory and other protective equipment including surgical masks in healthcare sector is expected to drive the market.

Hollywood, an area in Los Angeles, California, also referred to as Tinseltown, is known for its association with the American film industry. It's located northwest of downtown Los Angeles and is surrounded on the east by Hyperion Avenue, on the south by Beverly Boulevard, on the north by the Santa Monica Mountains, and on the west by Beverly Hills. The first house in Hollywood was an adobe structure built in 1853 in Los Angeles, which was then a small city in the new state of California. Harvey Wilcox, a Kansas prohibitionist who envisioned a city based on his sober religious values, mapped out Hollywood as a real-estate subdivision in 1887. H.J. Whitley, widely regarded as the "Father of Hollywood," later converted Hollywood into a wealthy and popular residential district. Whitley was in charge of bringing telephone, electric, and gas lines into the new suburb around the start of the twentieth century.

In Los Angeles, California, a new age of Hollywood studios began. Before World War I, several American film studios produced films. During the early days of the film business, filmmakers were drawn to southern California. As a result of the First World War, it became the world's film capital. Because Thomas Edison and his Motion Picture Patents Company were not responsible for violation of motion picture film patents, Hollywood was the ideal location for film production. By 1915, many major motion-picture studios had migrated from the East Coast to Hollywood.

In 1911, a location on Sunset Boulevard became Hollywood's first studio, and by 1912, 20 firms were creating pictures there. As more independent filmmakers from the East Coast came to Hollywood, it became the heart of the American film industry by 1915. Studios owned movie theaters (which played their movies). Previously, independent theaters offered a block of films known as "block booking; these included "good" and unpopular films. Instead of "per film," all performers, directors, and producers were given a wage as contracted.

Los Angeles -or "Hollywood", as it is more often known- is recognized for its radio, television, music, and film industries and its numerous tourist attractions and amusement parks. Los Angeles, which is at times referred to as the Entertainment Capital of the World, is a significant entertainment metropolis. According to a survey by Film LA, which distributes licenses for filming in the West Coast metropolis, have come to regard California as the birthplace of the film and television business in recent years.

For a multitude of reasons, Hollywood became the epicenter of film production. The Trust's offices were far away, and it offered cheap labor, a diversified landscape for outdoor filming, and a moderate temperature appropriate for year-round production. Los Angeles became the premier film city due to its position as the film industry's capital in the United States. Because of its mountains, plains, and affordable property prices, Hollywood was an ideal location for establishing film studios. Furthermore, the weather was ideal, and there were a variety of settings to pick from. Los Angeles became the premier film city due to its position as the film industry's capital in the United States. Because of its mountains, plains, and low property prices, Hollywood was an ideal location for establishing film studios.

It is crucial to highlight that moviemakers did not relocate to Hollywood in order to avoid the film trust; Selig, the first company to relocate, was a member of the trust. By the early 1920s, Hollywood had established itself as the world's foremost film metropolis. Hollywood has been the dominating force in motion picture history due to the studios' combined control over distribution and production. Hollywood's most prominent film companies produce the most successful and popular films in the world. A handful of Hollywood's highest-grossing films have earned more box-office income and ticket sales outside of the United States than films made in other countries.

Evidently, Universal Pictures, Paramount Pictures, Warner Bros., and Sony Pictures are the leading five in today's market. Every year, the three major film companies — Warner Bros., Disney Pictures, and Columbia Pictures – release hundreds of pictures on the global market. Indeed, Hollywood produces more films than any other location on the planet. A 2016 movie industry study reveals that the United States and Canada produced $11 billion in income. Holywood has made more than $4 billion in sales, making it the most profitable film industry on the planet.

The "Outlook for Global Markets and Investment Strategies" panel on the first day of Quinnipiac University's 11th Global Asset Management Education (GAME) Forum was guardedly optimistic about avoiding a recession. But caveats and risks abound, including the possibility that the Federal Reserve Board will over-react and raise interest rates too high.

"It depends on how Ukraine plays out," said David Kelly, chief global strategist at J.P. Morgan Asset Management. He offered several scenarios, including an escalation that would force Europeans to abandon Russian energy. "In that case, Europe is hurt worse than the U.S., but Europeans are pulling together now," Kelly said. "I see the U.S. well positioned as COVID fades, the economy opens up, and job demand remains high. But the longer inflation stays around the stickier it gets."

Celia Dallas, chief investment officer at Cambridge Associates, sees investment opportunities in clean tech and energy transition infrastructure due to heavy spending there to achieve net zero climate emissions in 2050. She added, "I do think the Fed worries about inflation becoming unanchored, and is becoming more aggressive — that's a risk." Dallas also said that challenges to the dollar-dominated global financial system have been "overstated in the popular press—for decades they've been predicting the dollar's demise as the international reserve currency."

Eric Veiel, head of global equity at T. Rowe Price, noted that "China is putting its foot back on the accelerator and pushing to stimulate, which should help global markets broadly. I think overall the global economy will be OK." Veiel agreed that inflation remains difficult. "Who would want Jerome Powell's job now?" he asked.

Jimmy Chang, chief investment officer at the Rockefeller Global Family Office, was the most bearish panelist. "My concern is that even before the Ukrainian crisis we were already experiencing the most difficult inflation in almost 40 years," he said. "Every previous instance of elevated inflation since World War II ended with recession." But Chang said that prices for used cars and oil could turn around and become deflationary.

The panel was moderated by Peter Spiegel, U.S. managing editor for the Financial Times. The virtual GAME conference drew more than 1,300 participants from more than 120 universities. There are 16 panels, 71 speakers and 41 companies represented.

It's a complex situation but the problem in placing sanctions on all Russian citizens is that most of them are not involved in the conflict and some even opposed to it. Also one would expect the US would like to replace current leader in Russia but to do so one might expect one of their elite to take over, however sanctions on the oligarchs means they are now less likely to be able to manoeuvre into position of power. Also the rise in oil and gas prices will of course affect prices for other consumer goods including food. As foods price increase, that has the biggest potential to create social disorder. So only time will tell if the sanctions are actually useful or if they will come back and bite to US business.

Leading thin client provider LG Electronics and IGEL, provider of the next-gen edge OS for cloud workspaces, announced that the IGEL OS will be available pre-loaded on many of LG's All-in-One Thin Clients, starting in the spring of 2022. This milestone in the collaboration between IGEL and LG Business Solutions is a result of the validation of select LG All-in-One Thin Clients through the IGEL Ready Program.

"We are on a mission to elevate work-from-anywhere by making it possible for organizations to use IGEL OS in the delivery of a secure, high-fidelity digital workspace experience from any cloud, and on any endpoint," said Jed Ayres, CEO, IGEL. "The out-of-the-box availability of IGEL OS on select LG All-in-One thin clients is yet another historic moment in IGEL's evolution as we continue to expand our partner ecosystem and align ourselves with the world's leading hardware manufacturers."

LG's alliance with IGEL has helped the company quickly expand its reach in the enterprise sector, according to Kim Bong-soak, LG's vice president of IT Vertical Sales. "Achieving IGEL OS validation for our All-in-One Thin Client solutions represents another milestone in LG's continued collaboration with the IGEL team as we help our mutual customers and partners optimize the end user computing experience," he said.

The availability of IGEL OS on select LG All-in-One Thin Clients offers many benefits for organizations across a wide range of vertical markets – from healthcare to educational institutions and government agencies, Kim said. "These benefits extend beyond the end-user experience to include simplified procurement, implementation, and support of IGEL OS-powered LG endpoints."

Support for reliable multi-protocol connectivity to VDI environments and cloud workspaces including Citrix, VMware and Microsoft, provides organizations with great flexibility to choose the way in which they want their digital workspaces delivered. Through the IGEL Universal Management Suite software, users of LG's endpoint cloud displays benefit from a robust and secure standardized endpoint security and optimization system, which also enables the cost-effective management of any endpoint device running IGEL OS.

IGEL OS will ship pre-loaded on LG 24CN650/CL600 LG All-in-One Thin Clients and desktop computer planned for spring 2022. Testing and validation of these endpoints was performed through LG's participation in the IGEL Ready program at the Strategic Platform Partner level. The two companies are also collaborating in the global delivery and support of the integrated solutions.

The IGEL Ready program, established in July 2020, now includes more than 100 technology partners providing hardware, software, and peripheral solutions that have been verified for use with IGEL OS. LG is one of the inaugural partners in the new IGEL Ready Strategic Platform Level, which is offered to members by invitation only. The latest integrations underscore how IGEL and LG are helping businesses improve the end-user experience in the work-from-anywhere era.

The LG Electronics USA Business Solutions division serves commercial display customers in the U.S. lodging and hospitality, digital signage, systems integration, healthcare, education, government and industrial markets. Based in Lincolnshire, Ill., with its dedicated engineering and customer support team, LG Electronics USA Business Solutions delivers business-to-business technology solutions tailored to the particular needs of business environments. Seven-time ENERGY STAR® Partner of the Year, LG Electronics USA Inc., (based in Englewood Cliffs, N.J.), is the North American subsidiary of LG Electronics Inc., a $56 billion global force in consumer electronics, home appliances and air solutions.

IGEL is one of the world's leading providers of next-gen edge OS for cloud workspaces. The company's innovative software products include IGEL OS™, IGEL Universal Management Suite™ (UMS), and IGEL Cloud Gateway™ (ICG). These solutions comprise a more secure, manageable and cost-effective endpoint management and control platform across nearly any x86 device and some ARM/RPI4 devices. Easily acquired via just two feature-rich software offerings, — Workspace Edition and Enterprise Management Pack — IGEL software presents outstanding value per investment. IGEL enables enterprises to save vast amounts of money by extending the useful life of their existing endpoint devices while precisely controlling all devices running IGEL OS from a single dashboard interface. IGEL has offices in Europe and the United States and is represented by partners in over 50 countries.