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U.S. Workplace Stress Management Market – Industry Outlook & Forecast 2027 – Arizton

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Chicago, Feb. 07, 2022 (GLOBE NEWSWIRE) — The U.S. workplace stress management market is projected to reach revenue of USD 3.7 billion and growing at a CAGR of over 8% during the period 2022−2027.  

Key Highlights

  • The US workplace stress management market would realize an absolute growth of 60.90% in terms of revenue in the period between 2021-2027.
  • Mental workplace stress management segment accounted for majority share of the US workplace stress management market in 2021 and is expected to grow at a CAGR of 8.64% during the forecast period in terms of revenue.
  • Stress assessment segment dominated the US workplace stress management market with a revenue share of 36.22% in 2021 and is expected to grow at a CAGR of 8.40% by the end of 2027.
  • Personal fitness trainers segment dominates the US workplace stress management market in 2021 and is expected to add over USD 620.19 million revenue during the forecast period.
  • By location, on-premise segment dominated the US workplace stress management market with a revenue share of 75.13% in 2021 and is expected to grow at a CAGR of 8.04% by the end of 2027.
  • Large private sector accounted for majority share of the US workplace stress management market in 2021 and is expected to grow at a CAGR of 8.55% 1during the forecast period in terms of revenue.

U.S. Workplace Stress Management Market – Segmentation Analysis

  • The stress assessment segment is expected to witness an absolute growth of over 62% in terms of revenue by the end of 2027. As yoga and meditation have positive effects on workplace stress management. Yoga and meditation will grow at the highest CAGR in this segment across U.S. market.
  • Larger companies are more likely to offer on-premise services as they have access to more resources in terms of budgets, space, and personnel, unlike smaller companies that typically outsource them. The change in lifestyle and the introduction of work from home concept has created high demand for on premise services. The US workplace on-premise segment in the stress management market is projected to reach USD 2.8 billion by 2027.
  • Southern US employees strongly believe that stress management is crucial and can strongly impact a person’s health. Southerners acknowledge the role that stress management programs can play in helping them with managing stress and lifestyle or behavior changes. Thereby, creating high growth of the workplace stress management industry across the region.

Market Segmentation by Type

  • Mental
  • Physical

Market Segmentation by Service

  • Stress Assessment
  • Yoga and Meditation
  • Progress Tracking Metrics
  • Resilience Training
  • Others

Market Segmentation by Delivery Mode

  • Personal Fitness Trainers
  • Meditation Specialists
  • Individual Counselors
  • Others

Market Segmentation by Location

  • On-Premise
  • Off-Premise

Market Segmentation by End-User

  • Large Private Sector
  • Medium Private Sector
  • Public Sector
  • Small Private Sector
  • Non-Profit Organizations
  • Others

Market Segmentation by Geography

  • Southern US
  • Western US
  • Mid-West US
  • North-East US

U.S. Workplace Stress Management Market – Competitive Analysis

Over the past couple of years, the U.S. workplace stress management market has witnessed the entry of a lot of external players offering in-house services by large businesses and other entities in the health and fitness space with membership discounts to drive the industry share. The adoption of merging two platforms is being witnessed among several vendors that is creating high traction in the US market. Moreover, areas that have dense populations and house major business centers such as New York, Texas, and California, along with states with headquarters of large corporations, such as Illinois, are creating lucrative opportunities for market vendors.

U.S. Workplace Stress Management Market – Table of Content

1             Research Methodology

2             Research Objectives

3             Research Process

4             Scope & Coverage

4.1         Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.1.3      Market Estimation Caveats

4.2         Base Year

4.3         Scope of The Study

4.4         Market Segments

4.4.1      Market Segmentation by Type

4.4.2      Market Segmentation by Service

4.4.3      Market Segmentation by Delivery Mode

4.4.4      Market Segmentation by Location

4.4.5      Market Segmentation by End-User

4.4.6      Market Segmentation by Geography

5             Report Assumptions & Caveats

5.1         Key Caveats

5.2         Currency Conversion

5.3         Market Derivation

6             Market at a Glance

7             Introduction

7.1         Overview

7.1.1      Causes of Stress

7.1.2      Technological Advancements

7.1.3      Cost of Stress to US Corporates

7.1.4      Stressed Workers in The US Automotive Industry

7.1.5      Model of The Stress Process

7.1.6      Stress Management Techniques

7.1.7      Income Analysis in the US

7.1.8      Historical Data

7.2         Impact of Covid-19

8             Market Opportunities & Trends

8.1         Rising Attention Toward Occupational Safety and Health Regulations

8.2         Employee Turnover Rate

8.3         Stress Encountered by Women Being Higher Due to Covid-19

8.4         Increasing Use of Artificial Intelligence

9             Market Growth Enablers

9.1         Rise in the Number of Working Hours

9.2         Increasing Awareness of Stress Management

9.3         Changing Needs of Employees

10          Market Restraints

10.1       Increased Sense of Anxiety

10.2       Low Participation of Employees

10.3       Barriers and Stigma in Workplace Stress Management

11          Market Landscape

11.1       Market Size & Forecast

11.2       Five Forces Analysis

11.2.1   Threat of New Entrants

11.2.2   Bargaining Power of Suppliers

11.2.3   Bargaining Power of Buyers

11.2.4   Threat of Substitutes

11.2.5   Competitive Rivalry

12          Stress Management Type

12.1       Market Snapshot & Growth Engine

12.2       Market Overview

12.3       Mental

12.3.1   Market Size & Forecast

12.3.2   Market by Region

12.4       Physical

12.4.1   Market Size & Forecast

12.4.2   Market by Region

13          Service

13.1       Market Snapshot & Growth Engine

13.2       Market Overview

13.3       Stress Assessment

13.3.1   Market Size & Forecast

13.3.2   Market by Region

13.4       Yoga & Meditation

13.4.1   Market Size & Forecast

13.4.2   Market by Region

13.5       Progress Tracking Metrics

13.5.1   Market Size & Forecast

13.5.2   Market by Region

13.6       Resilience Training

13.6.1   Market Size & Forecast

13.6.2   Market by Region

13.7       Others

13.7.1   Market Size & Forecast

13.7.2   Market by Region

14          Delivery Mode

14.1       Market Snapshot & Growth Engine

14.2       Market Overview

14.3       Personal Fitness Trainers

14.3.1   Market Size & Forecast

14.3.2   Market by Region

14.4       Meditation Specialists

14.4.1   Market Size & Forecast

14.4.2   Market by Region

14.5       Individual Counselors

14.5.1   Market Size & Forecast

14.5.2   Market by Region

14.6       Others

14.6.1   Market Size & Forecast

14.6.2   Market by Region

15          Location

15.1       Market Snapshot & Growth Engine

15.2       Market Overview

15.3       On-Premise

15.3.1   Market Size & Forecast

15.3.2   Market by Region

15.4       Off-Premise

15.4.1   Market Size & Forecast

15.4.2   Market by Region

16          End-User

16.1       Market Snapshot & Growth Engine

16.2       Market Overview

16.3       Large Private Sector

16.3.1   Market Size & Forecast

16.3.2   Market by Region

16.4       Medium Private Sector

16.4.1   Market Size & Forecast

16.4.2   Market by Region

16.5       Public Sector

16.5.1   Market Size & Forecast

16.5.2   Market by Region

16.6       Small Private Sector

16.6.1   Market Size & Forecast

16.6.2   Market by Region

16.7       Non-Profit Organizations

16.7.1   Market Size & Forecast

16.7.2   Market by Region

16.8       Others

16.8.1   Market Size & Forecast

16.8.2   Market by Region

PROMINENT VENDORS

  • ComPsych
  • LabCorp
  • CVS Health (ActiveHealth)
  • CuraLinc Healthcare
  • Marino Wellness

OTHER PROMINENT VENDORS

  • Asset Health
  • Fitbit
  • Wellsource
  • Sol Wellness
  • Vitality
  • Virgin Pulse
  • Active Wellness
  • Aduro
  • Alyfe Wellbeing Strategies
  • Beacon Health Options
  • Castlight
  • Ceridian
  • Corporate Fitness Works
  • HealthCheck360
  • Integrated Wellness Partners
  • Healthfitness
  • Provant Health Solutions
  • Lifestart
  • Exos
  • Karelia Health

Explore our health & wellness profile to know more about the industry.    
   
Read some of the top-selling reports:    
  

About Arizton:      
     
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.     
   
We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.     
   
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.     
    

    


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Artificial Intelligence

Rainbow Robotics participates in ICRA 2024 in Yokohama, Japan: Bimanual Mobile Manipulator ‘RB-Y1’ debuts overseas

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Participating in the International Conference on Robotics and Automation (ICRA 2024) from the 13th to the 16th AI expert research platform, Bimanual Mobile Manipulator RB-Y1 pre-order beginsDAEJEON, South Korea, May 7, 2024 /PRNewswire/ — Rainbow Robotics (CEO Jungho Lee), a robot platform specialized company, will participate as a bronze sponsor at the IEEE International Conference on Robotics and Automation (ICRA 2024), which will be held at Pacifico Yokohama, Japan on May 13.

During this exhibition, Rainbow Robotics will demonstrate its Bimanual Mobile Manipulator ‘RB-Y1’. RB-Y1 is a humanoid-shaped research platform equipped with two arms with 7 degrees of freedom per arm, a single leg with 6 degrees of freedom, and a wheel-type mobile platform.
In particular, in line with the recent trend of the AI era, Rainbow Robotics plans to provide various APIs and options so that SW developers can easily utilize them for research purposes.
Throughout the exhibition period, various demonstrations will be shown of RB-Y1 with real-time remote operation technology, which links the data arm and simulation system. Additionally, Rainbow Robotics plans to exhibit the small-sized high-precision collaborative robot RB3-730 and the quadruped robot RBQ-10.
ICRA (International Conference on Robotics and Automation) is an event hosted by IEEE (Institute of Electrical and Electronics Engineers) and is the world’s largest robotics conference held annually.
Meanwhile, Rainbow Robotics will begin pre-orders for its Bimanual Mobile Manipulator RB-Y1 from May 8. Customers who purchase during the pre-order period will receive free after-sales service for one year, and products are scheduled to be delivered sequentially starting in October. The research platform is sold for US $ 80,000 and the commercial platform is sold for USD $120,000 (VAT excluded). If you would like to pre-order RB-Y1, please contact us through enquiry page or email us at [email protected].
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Solar EV Charging to Bypass the Grid: A US$2.5 Billion Market by 2034, Says IDTechEx

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Unreliable and fossil fuel-intense electrical grids
BOSTON, May 6, 2024 /PRNewswire/ — Electrification of cars, buses, and trucks drastically reduces CO2 emissions at the point of use compared to a diesel or petrol alternative. The adoption of EVs across all sectors, with IDTechEx predicting over 180 million electric vehicles to be sold annually by 2044. This will contribute to a drastic reduction in tailpipe emissions. However, the overall emissions are usually highly dependent on the energy mix that goes into grid electricity production. In many economies, this contains significant amounts of fossil fuels such as coal and natural gas. Beyond CO2 emissions, some grids are already at capacity, and the increased load of an electric transport sector risks blackouts and power supply issues. South Africa is an EV market with both of these issues, and several innovations have been made using distributed power generation to tackle these challenges. IDTechEx’s research report, “Off-Grid Charging For Electric Vehicles 2024-2034: Technologies, Benchmarking, Players and Forecasts”, explores the challenges and solutions associated with charging EVs in the context of constrained electricity grids.

The South African utility grid is subject to frequent load-shedding, periods when demand exceeds supply, and utility operators are forced to impose rolling black or brownouts of up to 50% capacity. This is a problem for all forms of domestic and industrial electrical use but becomes an especially pronounced problem for commercial EV operators. Fleet operators often must charge at predesignated times to maximize uptime and complete all planned routes. If the grid fails during a charging spot, the entire schedule may be adversely affected by factors beyond an operator’s control. This is an unusual grid situation; however, it presents a possible worst-case scenario for grid-congested and EV-saturated regions. In 2022, a heatwave in California prompted the state government to ask EV owners not to charge to conserve energy. The growth in electric vehicle sales will only make such problems more widespread.
South Africa also has a very carbon-intensive energy mix, with approximately 70% of power generation being from coal. This directly translates into higher lifecycle CO2 emissions from EVs powered by the electrical grid. Whilst South Africa has a particularly fossil fuel energy mix, the source of electricity plays a critical role in the lifecycle emissions of an electric vehicle.  
Disturbed generation gives renewable and grid-independent electricity
One possible solution being trialed in South Africa, amongst other places, is harnessing distributed renewable microgrids to form the backbone of charging networks. By integrating a solar farm, large-scale energy storage (ES), and high-powered charging outlets, Vrendal-based Zero Carbon Charge plans to build an etruck charging network. Not only does this decouple charging from an unreliable grid, it also avoids placing excess electrical demand on utilities, avoids the need for costly grid expansions, and provides free and 100% renewable energy for the trucks to operate on. This is not limited to South Africa; the USA, in particular, has also seen a boom in companies offering grid-free solar-powered charging. In the US, many of the products are smaller scale and transportable, allowing easy setup for EV users who want quick access to EV charging.
Easy setup, no grid connection, but slow charging rates
The main challenge with distributed solar generation for EV charging is the low power output of photovoltaic panels. Most produce around 250 Watts per square meter, which is relatively low. In fact, to charge at 22kW (generally considered Level 2 fast charging), a solar canopy would need to be at least 10 x 10 meters, a considerable footprint, especially in an urban environment. The other challenge is storing energy, as charging will not always be required constantly, so an on-site battery is required to store the generated electricity. Without an integrated on-site battery, charging is impossible when there is no sunlight, such as inclement weather or overnight. On-site battery storage can combat this intermittency.
 
 
Larger solar farms with integrated energy storage can become islanded microgrids, and with enough on-site storage and photovoltaic production, potential grid-independent fast charging is possible. This is the approach proposed for the South African etruck charging network. It is important to note that purely solar solutions are likely to be geographically restricted to areas with high photovoltaic potential. Thus, it is no surprise that the leading regions are Western regions of the US and places like South Africa. Beam Global, a supplier of EV canopy chargers, recently announced its first sales in the European market to the United Kingdom Ministry of Defense. However, the chargers will not be deployed in the mainland of the UK; they will be deployed on a military base in Cyprus, one of the sunniest regions on the continent.
Despite technical challenges, the aging and fossil fuel-heavy nature of grids combined with high EV uptake call for new charging solutions, and IDTechEx predicts that solar charging systems will make up a sizeable portion of the overall US$16 billion off-grid charging infrastructure hardware market by 2034. IDTechEx research also indicates several other technologies likely to be adopted for off-grid EV charging. Hydrogen fuel cell charging is likely to emerge as a key solution for use cases requiring much greater power per area, with a particular expected focus on electrified construction sites. More niche technologies include AWE (airborne wind energy), which harnesses high altitude winds for distributed power generation. For an in-depth look at solar EV charging, as well as alternative technology options such as AWE and hydrogen see IDTechEx’s latest research on the topic, “Off-Grid Charging For Electric Vehicles 2024-2034: Technologies, Benchmarking, Players and Forecasts”.
To find out more about this IDTechEx report, including downloadable sample pages, please visit www.IDTechEx.com/OffGridEV.
For the full portfolio of electric vehicle market research from IDTechEx, please see www.IDTechEx.com/Research/EV.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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Media Contact:
Lucy RogersSales and Marketing [email protected] +44(0)1223 812300
Social Media Links:
Twitter: www.twitter.com/IDTechEx
LinkedIn: www.linkedin.com/company/IDTechEx
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Doosan Robotics Unveils Max-Powered ‘PRIME-SERIES’ of Collaborative Robots at Automate 2024

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The New P-SERIES Unleashes Efficiency with a 30 Kilogram Payloadand the Longest Reach of Any Cobot to Date
CHICAGO, May 6, 2024 /PRNewswire/ — Doosan Robotics Inc., one of the world’s leading collaborative robot (cobot) manufacturers, unveiled its newest and most powerful P-SERIES (PRIME-SERIES) today at Automate 2024, bringing to the world of robotics the longest reaching cobot to date.

Today’s P-SERIES announcement by Doosan Robotics was marked by a show floor unveiling of the new P3020 – the world’s most powerful cobot for palletizing in existence. The P3020 offers a payload of 30kg (60lbs) and reach of 2,030mm (80in), bringing the ability to palletize from floor to 2m high (stacking up to 10 layers of boxes approximately 8 inches tall) using its simple fixed base without a lift.
Doosan Robotics has successfully dominated the high-payload cobot market in the 20kg range and above, which includes advanced palletizing solutions. Since launching the H-SERIES in 2022, Doosan Robotics has attracted major global customers such as Schiphol Airport and Wacker Korea, significantly enhancing its global market share by 72%. This year, with the introduction of the P-SERIES, the cobot featuring the highest payload and reach yet, expectations are set to soar beyond previous achievements.
Additional key features of the P-SERIES cobot lineup include lower power consumption compared to similar payload cobots by applying its built-in gravity compensation mechanism, inherent wrist-singularity free, and a 5 degree-of-freedom movement with the 4th axis removed and 6th axis speed increased to 360 degrees/second. Doosan Robotics’ continued priority on optimal safety across its solutions is also fully present in the new P3020. This includes achieving the highest PL (e) and Cat 4 safety ratings to ensure both a max-powered and max-safety experience for users.
The motion platform company’s newly unveiled P3020 palletization cobot will be on full display (Booth #850) at Automate 2024 (May 6-9), alongside the company’s ready-to-sell solutions with best-in class partners in Machine Tending, Palletizing, Welding, and Food & Beverage services.  
Driven by its vision to elevate everyday experiences and redefine labor workflows, Doosan Robotics provides a wide, exceptional range of AI cobots aimed to bring about a paradigm shift across various sectors, such as palletizing, manufacturing, logistics, food & beverage, architecture, and service industries. These cutting-edge solutions transcend the constraints of conventional robotics, adeptly maneuvering through intricate scenarios while infusing tasks with enhanced efficiency, safety, and ingenuity. Moreover, the AI system boasts continuous learning capabilities, effortlessly updating its model by autonomously downloading required modules for smooth integration.
“As a motion platform company, Doosan Robotics is meeting the ever-growing need for cobots to mimic human motion, powerfully and safely,” said William Ryu, CEO at Doosan Robotics. “The robotics industry continues to grow at an exponential pace and our lineup of software, cobots and AI differentiates us in our mission to develop cobots with a ‘max-powered, max-efficiency, max-safety’ mindset.”
For more details and videos on the new P3020 cobot by Doosan Robotics, please visit the Doosan Robotics YouTube channel here. For more info, images, and other assets regarding Doosan Robotics’ Automate 2024 overall presence, please visit the press kit here or contact [email protected].
ABOUT DOOSAN ROBOTICSDoosan Robotics is a global leader in collaborative robot solutions, embodying the principle of ‘Innovation in every motion, revolutionizing the way we work.’ Doosan robots, known for world-class safety and precision, enhance task efficiency across various sectors from manufacturing to service, enabling people to focus on more valuable work. More information about Doosan Robotics is available at https://www.doosanrobotics.com/en/.
 
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