Market Forecast News: September 2018

Friday 28 September 2018

IoT in Warehouse Management Market to Maintain a Healthy CAGR By 2025 | Key Players GT Nexus, IBM Corporation

San Francisco, 28 Sep 2018: The global IoT in warehouse management market is anticipated to reach USD 19.06 billion by 2025, according to a new report by Grand View Research, Inc. Increasing adoption of Goods-to Person (GTP) technology in warehouses is expected to drive the growth.

Telematics plays a major role in developing innovative solutions for fleet management. The increasing use of fleet management services by transport operators is anticipated to propel the telematics market demand. The adoption of telematics systems is expected to aid companies in reducing their fuel expenses and number of empty of runs.

IoT gateways provide secured channels to transmit data. The gateways operate as platforms for applications that process data. IoT also performs functions such as protocol translation, device connectivity, security, updating, and data filtering. The growing penetration of cloud-based platforms is likely to positively impact the market demand over the projected period.

The EDI solution is expected to portray high growth rate over the forecast period, owing to the increasing need for data accuracy at the customer end. The implementation of EDI is likely to reduce human errors and provide real-time information to the customer. The growing usage of mobile applications coupled with the increasing proliferation of the embedded sensor technology is anticipated to further propel the industry demand.

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Further key findings from the report suggest:

The growing penetration of technologies, such as RFID and Automatic Identification and Data Capture (AIDC), is expected to influence the market demand
Inventory management solution dominates the market in terms of revenue
The widespread adoption of pallet/item level tagging is expected to drive the smart inventory management solution
The EDI solution is expected to witness a significant growth with a CAGR of 27.3% over the projected period
Sensing devices are anticipated to dominate the market in terms of revenue over the forecast period, owing to the increasing adoption of sensors across various applications
The Asia Pacific region is expected to portray high growth rate over the forecast period
Germany and Singapore are the top ranked logistics performance index (LPI) countries
The key market players include Zebra Technologies (U.S.), IBM Corporation (U.S.), Software AG (Germany), and Tecsys, Inc. (U.S.)

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About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Agricultural Enzymes Market Predicted To Reach $671.4 Million By 2025 | Key Players Creative Enzyme, Enzyme India Pvt. Ltd

San Francisco, 28 Sep 2018: The global agricultural enzymes market is expected to reach USD 671.4 million by 2025, according to a new report by Grand View Research, Inc. The increase in the consumption of organic food has been a major driving factor for the global industry growth. In addition, the rising usage of bio-products in the agricultural industry is also anticipated to be a major boost for the market.

Agricultural enzymes are biodegradable proteins used for enhancing the crop growth. Some of its other major application are crop protection against insects, pest & diseases, enhancing soil fertility, and decomposition of agricultural wastes. Such inherent advantages of the product are expected to benefit the market.

Cereals & grains crop type is anticipated to have the fastest growth rate over the next eight years. It is estimated to grow at a CAGR of 12.4% from 2017 to 2025. The enzymes added in cereals and grains have the ability to remove bran and germs from the crop. Exogenous is one such enzyme which provides an aid to maintain the quality of harvest and facilitate nutrient loss prevention. These factors are projected to propel the cereals & grains segment growth over the next eight years.

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Further key findings from the report suggest:

The global agricultural enzymes market was valued at USD 246.9 million in 2016 and is expected to grow at a CAGR of 11.8% from 2017 to 2025
Crop fertility was the largest product type segment in 2016 and is anticipated to hold over 40% of the market by 2025. Agriculture enzymes present in the soil are used as the index of soil fertility, owing to the fact that they are sensitive and respond to the soil management hastily than soil variables.
Growing population across the globe coupled with pressure for increasing productivity in agricultural industry is favoring the segment growth
Phosphatases were the largest enzyme type segment in 2016. It is produced by many organisms present in the soil and has the ability to solubilize soil mineral elements. Owing to aforementioned properties it is expected to follow the same trend.
North America was the largest market with over 31% of the market share in 2016. The demand in the region is rising owing to growing demand for food processing and high focus on biotechnology.
Asia Pacific is expected to be the fastest-growing region over the forecast period. Increasing investment in the research and development activities in the nation towards diverse farming practice is expected to drive the industry.
Major industry participants include Novozymes, Syngenta, BASF, Creative Enzymes, Afrizymes, Specialty Enzymes & Biotechnologies, American Biosystems, Inc, Cypher Environmental, Aum Enzymes and Enzymes India Pvt. Ltd.

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Thursday 27 September 2018

Depth Filtration Market Witness Significant Growth of $4.02 Billion By 2025 | Key Players Sartorius AG, Filtrox AG

San Francisco, 28 Sep 2018: The global depth filtration market is anticipated to reach USD 4.02 billion by 2025, according to a new report by Grand View Research, Inc. Growing use of depth filters in the manufacturing of healthcare products is projected to be a major driving factor for market growth.

Rising demand for clean & high quality filter goods in pharmaceutical and biopharmaceutical industry is expected to boost the market over the forecast period. Significant benefits such as low cost and ease in the usage of the products is anticipated to augment the market from 2017 to 2025. Depth filtration services have various advantages in water filtration, food & beverages, healthcare, and raw material purification sectors.

Growing research and development activities carried out by companies is projected to propel the market over the forecast period. In March 2017, Merck launched the Milli-Q IQ 7000, it is the seventh-generation Milli-Q water purification technology which provides ultrapure water to scientist in laboratories.

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Further key findings from the report suggest:

The global depth filtration demand was USD 1.5 billion in 2016 and is expected to grow at a CAGR of 11.7% over the forecast period
Diatomaceous earth emerged as the largest media type segment in 2016 and is estimated to generate a revenue over USD 1.3 billion by 2025
Rising demand for diatomaceous earth filtration techniques in biopharmaceutical industry as an aid in fractionation of human plasma is projected to propel the industry over the next eight years
Capsule filters is anticipated to be the fastest growing product segment and is estimating a CAGR of 12.4% over the forecasted period
Healthcare application segment is anticipated to grow at a significant rate owing to a moderate market share
Increasing use in healthcare industry to offer venting and microfiltration for medical devices is projected to fuel the market growth
The Asia Pacific region is anticipated to witness high growth rate at a CAGR of 12.2% by 2025.
Developing economies in the region, including India and China, have been experiencing strong economic growth, which is expected to drive healthcare and food & beverages industry over the forecast period
Key players of the industry include Merck KGaA, 3M Company, TPall Corporation, Eaton Corporation PLC, Donaldson Company, Inc, and Sartorius AG
These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share

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CGM Devices Market Exceeds Growth of $1.01 Billion By 2024 | CAGR 13.7% | Key Players Abbott Laboratories; Medtronic, Inc.

San Francisco, 28 Sep 2018: The global continuous glucose monitoring (CGM) devices market size is expected to reach USD 1.01 billion by 2024, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 13.7% over the forecast period. Growing cases of diabetes and introduction of novel and advanced diabetes care devices are the major factors driving the market growth. Continuous glucose monitoring devices provide an efficient method to measure body glucose levels in real time. Data recorded by these devices is transmitted through a wireless network to receivers; this helps keep a track of glucose levels over a designated period.

These devices also help manage diabetes while reducing individual insulin dosages. Integrated software within these devices provides users with insights about food consumption, medication, physical activity, and illnesses. Thus, an increasing number of diabetic patients are using these devices to manage and treat diabetes, which, in turn, is accelerating market growth. With the advent of digital therapeutics, a rising number of CGM devices are being incorporated with apps and software to help patients with diabetes mellitus. Rise in the number of diabetes mellitus has been contributing toward market growth.

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www.grandviewresearch.com/industry-analysis/continuous-glucose-monitoring-market

Further key findings from the study suggest:

Growing cases of diabetes is anticipated to propel market growth, with increasing number of patients opting for simplified CGM devices
CGM devices provide analysis of blood glucose levels from the tissue fluid at regular intervals of time, which is also driving their demand
Transmitters and receivers was the largest component type segment and is anticipated to maintain its dominance owing to their integral nature in these devices
Insulin pumps are anticipated to witness the highest CAGR during the forecast period due to their ability to maintain optimal blood glucose levels
Asia Pacific is the leading regional market, with Japan, China, and India on the forefront
North America led the global market in the past owing to wide usage of CGM devices as a result of higher number of target patients in the region
The European region followed the North American closely in terms of market revenue due to rise in the adoption of these devices in key countries such as U.K., Germany, France, Italy, and Spain
Some of the key companies present in the market are Pfizer Inc.; Baxter International, Inc.; Abbott Laboratories; Medtronic PLC; Animas Corporation; and Novo Nordisk A/S.

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Recent Trends in Surgical Navigation Systems Market | Key Players Fiagon GmbH; B. Braun Melsungen AG

San Francisco, 28 Sep 2018: The global surgical navigation systems market size is expected to reach USD 1.25 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.0% during the forecast period. Rising prevalence of target disorders such as ENT disorders, brain cancer, and orthopedic degenerative diseases is expected to propel the market growth in near future. Moreover, increasing geriatric population base, which is more prone to degenerative disorders of joints, is also likely to have a major impact on the market demand. Osteoarthritis and osteoporosis are the most common disorders in the population aged over 65 years.

As per International Osteoporosis Foundation, total number of hip fractures is expected to increase from 1,433 million in 1950 to 5,395 million in 2050. Furthermore, increasing cases of brain cancer is also contributing the market growth. According to the Central Brain Tumor Registry of the United States (CBTRUS), the incidence rate of all non-malignant brain, primary malignant, and other CNS tumors was 22.64 cases per 100,000 in 2016. Over 78,980 new cases of these tumors are anticipated to be diagnosed in the U.S. in 2018, thereby propelling the demand for surgical navigation systems.

The demand for minimally invasive procedures is increasing across the world. Surgical navigation systems are provide better accuracy and precision in diagnosis and help determine correct implementation of plans during surgery, thereby aiding in minimally invasive procedures with improved outcome. It offers visual imaging at every stage of the surgery, thereby allowing for modification of plans during surgery according to intra-operative findings. It is also cost-effective in joint replacement procedures, as very few patients require revision after a one-time procedure. These factors are also expected to boost the demand for these systems over the forecast period.

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Further key findings from the study suggest:

Neurology segment held the largest share of a little over 37.0% in 2016. This growth was attributed to the early implementation of surgical navigation in this branch and associated advantages of SNSs that help to perform complex surgeries with increased accuracy
ENT segment is expected to register at a lucrative CAGR of 8.0% over the forecast period. Rising prevalence of ENT disorders and increasing adoption of SNSs in ENT surgeries are the key growth-driving factors for the segment
On the basis of technology, the electromagnetic SNSs segment held the largest share of the market owing to its low cost and ease of use
The optical SNSs segment is expected to witness an exponential CAGR of 7.9% owing to its advantages over electromagnetic SNSs, such as precise and accurate navigation
North America held the largest share in the global market due to the presence of major companies and target population base. Shifting trend of surgeries from hospitals to Ambulatory Surgical Centers (ASCs) would drive the region
Most of the key companies are engaged in various strategies, such as product or technology development, for better market penetration. For instance, in 2017, Medtronic launched StealthStation ENT, a new SNS for ENT surgeries, thereby expanding its product portfolio.

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Middle East Distribution Panel Market Is Likely To Reach $2.01 Billion By 2022

San Francisco, 27 Sep 2018: The Middle East distribution panel market size is expected to reach USD 2.01 billion by 2022, according to a new study by Grand View Research, Inc.

Distribution panels constitute an insulated board or box containing circuit breakers, from which connections are made between the main feeder lines and branch lines. Widespread usage of such boards in telecommunication, servers, generators, alternative power, and medical industry applications is expected to escalate industry growth over the next few years.

Technological advancements incorporating several features in distribution panels that tend to reduce installation complexities and energy imports have led to increased self-sustainability. Additionally, high level of engineering innovation has resulted in better designs and significant benefits, simplifying wiring and reducing material requirements. These latest designs also meet shorter lead time requirements.

Such electrical devices which offer benefits such as efficient power supply while providing protective circuit breakers, have created avenues for industry growth. Smart distribution panels’ development promotes high penetration of renewable resources and dynamic islanding, which may also spur demand significantly over the forecast period.

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www.grandviewresearch.com/industry-analysis/middle-east-distribution-panel-market

Further key findings from the study suggest:

The standalone panel segment is estimated to grow at a CAGR of over 5% during the next seven years. Standalone boards are extensively used in urban areas while pole-mounted distribution boards find applications in electrical T&D in remote and rural areas.
Capacity segment comprises low, medium, and high voltage distribution boards. Medium voltage boards contributed to over 40% of the overall revenue share in 2014, which can be attributed to their increased use in the domestic sector. High-voltage boards also captured a considerable portion of the market owing to their growing applicability in commercial applications such as shopping malls and airports.
Saudi Arabia is expected to grow at a CAGR of over 6% during the forecast period on account of increasing electrical T&D activities across the region. Qatar is expected to grow significantly over the next seven years on account of increasing commercialization and businesses in the region. Rising demand for improved quality and reliability of energy supply coupled with optimum management of power grids is expected to increase demand for such T&D panels in the region.
Key industry participants include ABB Ltd., Abunayyan Holding, Ba`amer Electric, EAMFCO, Hager, Legrand, National for Electrical Panel Boards, Riyadh Factory for Panel Boards, and Schneider Electric SA. Vendors offer enhanced and differentiated products in order to gain a competitive advantage over other industry players.
Companies are focused on their regional expansion strategies and are undertaking mergers and acquisitions to gain momentum in the market. For instance, in June 2015, French electrical equipment major, Legrand announced acquisition of Raritan, which specializes in data center and electrical infrastructure solutions and thus added Raritan’s intelligent power and KVM businesses into its core activities.

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Demand for High Temperature Coatings Increased In Recent Years Drives Market in Building & Construction

San Francisco, 27 Sep 2018: The global high temperature coatings market is expected to reach USD 4.74 billion by 2024, according to a new report by Grand View Research, Inc. Surging thermally efficient coatings requirement that can protect industrial and commercial equipment in moderate to extreme temperature conditions is expected to drive industry growth over the next eight years.

Technological innovations and significant R&D spending by key industry participants regarding commercializing single-component coatings for multiple applications is anticipated to stimulate market growth over the forecast period. Companies have been constantly involved in developing finished products which can be used for wide range of operating temperatures ranging from 150 degrees Celsius to 750 degrees Celsius in addition to providing corrosion resistance.

High temperature coating demand in cookware is anticipated to emerge as fastest growing end-use segment over the forecast period. In terms of demand, the sector is expected to grow at a CAGR of 5.5% over the forecast period.

Major appliances such as bakeware, induction appliances, and food processors have gained significance in commercial and residential sectors. This segment has witnessed significant growth in France, Japan, and South Korea owing to growing awareness towards innovative cooking technologies that sustain the nutrient levels of the food.

Browse Full research report on High Temperature Coatings Market Analysis: www.grandviewresearch.com/industry-analysis/high-temperature-coatings-market

Further key findings from the study suggest:

The global high temperature coatings market demand was 1,009.9kilo tons in 2015 and is expected to reach 1,444.1 kilo tons by 2024, growing at a CAGR of 4.1% from 2016 to 2024
Acrylic was the leading product segment and accounted for 23.3% of global high temperature coatings revenue in 2015.The segment is anticipated to reach a net worth of USD 1,117.1 million by 2024.
Powder coating is anticipated to witness the highest growth over the forecast period. The segment is anticipated to grow at a CAGR of 5.4% in terms of demand from 2015 to 2024.
The energy & power sector emerged as the leading high temperature coating end-use segment and accounted for 16.4% of total demand in 2015. The segment is expected to reach a net volume of 34.7 by 2024 in the U.S.
Asia Pacific was the major high temperature coating market and was valued at USD 1,174.8 million in 2015. The region is also expected to witness the fastest growth rate over the forecast period.
Key players operating in the global industry include BASF, PPG Industries, Sherwin-Williams, Axalta Coating Systems, Jotun AS, and AkzoNobel NV. Major strategy adopted by the global players includes sourcing of raw materials at low cost thereby enhancing their profit margin and gain competitive edge over other industry participants.

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Wednesday 26 September 2018

Hybrid Power Solutions Market Projected To Reach $1.35 Billion By 2025

San Francisco, 27 Sep 2018: The global hybrid power solutions market is expected to be valued at USD 1.35 billion by 2025, according to a new report by Grand View Research, Inc. Hybrid power solutions are increasingly used owing to advantages such as less fuel consumption and low electrification rates.

Hybrid power solution systems incorporate more than one type of power source and designed for the generation of centralized electricity grid. They are used to provide energy to many remote areas in developing countries such as India. In addition, the system possesses an ability to offset disadvantages such as fuel flexibility, CO2 emissions, and reliability. The systems are manufactured to achieve desired attributes at lower cost and maximum efficiency, which in turn is expected to fuel the market growth over the forecast period.

Solar-diesel system type was the largest segment in 2016 and valued at USD 216.1 million. The solar energy and diesel hybrid systems provide energy by using solar irradiance, which is both free & abundant. These systems can be used in various industrial applications such as road lighting and fishing boats. In comparison to gensets systems, solar-diesel provide numerous advantages as they have the capability to minimize CO2 emissions and also reduce the risks associated with increasing fuel prices.

Several companies in the U.S., such as Bergey Wind Power Company (BWC); Integrated Power Corporation (IPC); and New World Power Corporation (NWPC), are investing heavily in the product and market development activities, which includes the development of equipment necessary for providing electricity to remote areas. In a bid to lure more customers, companies are focusing on novel product development.

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www.grandviewresearch.com/industry-analysis/hybrid-power-solutions-market

Further key findings from the report suggest:

The global hybrid power solutions market was valued at USD 1,352.4 million by 2025 and is estimated to denote a CAGR of 9.5% from 2017 to 2025
The global demand for wind-diesel system type was valued at USD 180.4 million in 2016. The segment is anticipated to record steady growth over the next 8 years.
Commercial sector is anticipated to be the fastest-growing segment, by end use, ascending at a CAGR of 9.9% over the next 8 years
The Middle East and Africa is anticipated to progress at a CAGR of 9.6% over the forecast period. Growing government initiatives toward power generation through renewable sources are expected to boost the demand for solutions in the coming years.
Key players of the market include Siemens AG; SMA Solar Technologies AG; Danvest Energy A/S; Alpha Power Solutions; and PFISTERER Holding AG. These players often engage in the research & development activities in order to expand their product portfolios and gain larger market shares.

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After Sun Care Products Market – Industry Analysis & Growth Factors By 2025 | Key Players L’Oréal, Clarins Group

San Francisco, 27 Sep 2018: The global after sun care products market size is estimated to reach USD 2.81 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.1% during the forecast period. Rising product penetration in personal and skin care applications globally is likely to act as a key growth stimulant over the forecast period.

Growing awareness regarding importance of sun care products and post UV exposure products for complete skin repair is one of the key factors influencing the demand for after sun products across the globe.

Lotion dominated the product market, mainly on account of multiple benefits offered and versatility of the product. Lotions are available for all skin types, climatic conditions, consumer preferences, and most importantly, at reasonable prices.Gel-based products and sprays are gaining popularity among seasonal users on account of ease of handling, application and reapplication, and better absorption by the skin.

The global after sun care products industry is anticipated to witness the highest revenue growth in Asia Pacific, at a CAGR of 4.3% over the forecast years. Major industry players, including L’Oréal SAS, Beiersdorf AG, Clarins Group, Lancaster Group, and Unilver Plc, are engaged in manufacture, marketing, packaging, and distribution of after sun care products, globally.

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Further key findings from the report suggest:

The after sun care products market recorded valuation of USD 2.23 million in 2017 and is projected to rise at a CAGR of 3.1% over the forecast period. Growing product popularity among youth population across the globe is poised to benefit the overall growth
After sun cream market was valued at USD 516.9 million in 2017 and is expected to witness steady growth over the forecast period, on account of burgeoning demand for light oil-based skin repair cream for face & body for deep nourishment and healing of sun burnt skin
The after sun gel segment is estimated to post a CAGR of 3.3% from 2018 to 2025. Widespread use of aloe-vera based gel formulation for instant relief from skin irritation and skin soothing & hydration are key factors driving product demand
Europe dominated the global market for after sun care products in terms of revenue. The region was valued at USD 666.6 million in 2017 and is projected to witness significant growth in the near future on account of rising incidence of skin cancer and other skin disorders in the U.K., France, Belgium, and the Netherlands, among others.
Some of the key strategies adopted by industry participants are mergers & acquisitions and integration across the value chain in order to strengthen their product portfolios and global distribution networks.

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Fire Protection Materials Market for Construction Scale Worth $8.10 Billion By 2025 | Key Players Sika AG, BASF SE

San Francisco, 27 Sep 2018: The global fire protection materials for construction market size is expected to reach USD 8.10 billion by 2025, according to a new report by Grand View Research, Inc., projecting an 8.4% CAGR during the forecast period. The market is anticipated to grow with the implementation of fire safety regulations and strict building codes. There are also various official standards established to overlook and ensure product effectiveness. In addition, rising awareness among people toward fire safety is anticipated to trigger market growth.

According to the latest report by National Fire Protection Association (NFPA) published in 2016, fire incidents kill at last seven people each day in U.S. alone. Fire protection materials have gained high popularity as they effectively prevent the spread of fire from one area to the other. These materials can withstand fire for a long time. As a result, firefighters can control the fire and prevent loss of life and property by extending the time frame available during such situations.

Improving attitude toward building safety codes, along with increasing fire hazard incidents, is anticipated to boost sales of fire protection materials around the globe. These materials have immense growth potential and can partially replace traditional construction materials such as sealants, putty, and coating sprays.

Key manufacturers constantly focus on high-end research and technological advancements to produce improved fire protection materials that can withstand fire for a longer duration and produce less smoke when burnt.

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Further key findings from the report suggest:

By type, putty is expected to be the fastest-growing segment, in terms of revenue, exhibiting a CAGR of 9.3% from 2017 to 2025. Sealants, on the other hand, formed the largest segment in terms of revenue in 2016 owing to its growing usage as a primary fire protection material in steel infrastructure
Commercial construction is projected to emerge as the largest as well the fastest growing application segment on account rising fire safety regulations and strict building codes for offices, shopping centers, malls, hospitals, schools, colleges, universities, and hotels
Asia Pacific is expected to be the fastest growing region with an estimated CAGR of 10.4% from 2017 to 2025. Rising manufacturing industries with support from the government in the form of incentives and subsidies and rapidly growing population have fostered market growth
Implementation of strict fire safety regulations, coupled with high disposable income and awareness among public toward fire safety, has made North America the largest consumer of fire protection materials for construction
Parameters such as stability of a structure in case it is exposed to fire are taken into consideration while developing new products.

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Factors Driving the Cloud Radio Access Network Market in Coming Years

San Francisco, 26 Sep 2018: According to a report by Grand View Research, Inc., global cloud radio access network (C-RAN) market is anticipated to value USD 31.71 billion by 2025. Growing requirement for centralized radio access network among mobile operators to address capacity and coverage problem is anticipated to propel demand for C-RAN. Unavailability of network spectrum, stringent regulatory limits, growing demand for high speed mobile data are likely to create major problems for mobile network operators. Installation of C-RAN is expected to resolve all aforementioned issues by offering cooperative solution and centralizing base station function.

Growing need for flawless mobile network connectivity and high-speed data services is anticipated to influence growth of market. Rising demand for advanced mobile network infrastructure to support 5G services is likely to fuel market growth in the forthcoming years. Increasing adoption of network architecture among mobile operators that can reduce number of cell sites and operating expenses while offering similar network coverage can stimulate market growth during the forecast period (2014 to 2025).

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The cloud radio access network market can be segregated on the basis of architecture, component, network, deployment, and region. Based on architecture, the market can be bifurcated into virtualized/Cloud RAN and centralized. In 2016, centralized architecture segment dominated the market and accounted for majority share. Growing adoption of centralized C-RAN architecture by mobile operators in North America and Asia Pacific regions can stimulate growth of segment.

On the contrary, virtual/cloud RAN architecture is expected to grow at phenomenal CAGR of 29.6% from 2017 to 2025. Introduction of new technologies such as software defined networking and network function virtualization to carry out base band processing tasks virtually using generic server farms and general purpose processor can drive growth of market.

Based in component, the market can be categorized into solution, infrastructure, and services. Infrastructure segment is likely to dominate the market and can grow at CAGR of 24.9% during the forecast period. Increasing investments by mobile operators for deployment of C-RAN architecture can stimulate growth of segment. The segment can be classified further into baseband units, remote radio units, and fronthaul. Baseband units are likely to contribute for maximum market share under infrastructure segment during the forecast period.

On the contrary, solution segment is anticipated to hold second largest market share followed by infrastructure segment. Rising demand for NFV solution for RAN visualization to optimize smaller and larger carrier function can augment market growth. In addition, high demand for design & development, consulting, and maintenance services attributed to deployment of C-RAN architecture by mobile operators can fuel market growth during the forecast period.

Based on network, the market can be divided into LTE & 5G and 3G. In 2016, LTE and 5G segment dominated the market and accounted for market share equivalent to USD 4.30 billion. C-RAN is likely to emerge as essential network architecture for 5G connectivity attributed to its elastic and scalable network architecture that can offer required capabilities to incorporate 5G network.

Based on deployment, the market can be split into indoor and outdoor. In 2016, outdoor segment dominated the market and accounted for market share equivalent to USD 4.02 billion. Deployment of C-RAN architecture by mobile operator to deliver better coverage in high-density areas such as urban market, stadiums, and others can influence market growth.

Similarly, indoor segment is likely to gain traction during the forecast period attributed to deployment of small cells by network operators. Indoor miniature base stations C-RAN to deliver advanced services to mobile users in high-value and high-density environments such as public-use offices and homes can foster market growth.

Regional segmentation includes Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. In 2016, Asia Pacific region dominated the market and accounted for market share equivalent to USD 1.61 billion. Strict government initiatives in countries such as South Korea, Japan, and China to rollout 5G network is expected to fuel growth of market during the forecast period.

Similarly, North American region is likely to be second largest market of C-RAN. Telecom companies in United States (U.S.) are expected to take trails for deployment of C-RAN.

Some of the leading companies offering cloud radio access network are Ericsson AB, Nokia Corporation, Intel Corporation, Fujitsu Limited and ZTE Corporation.

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Premium Insights on Building & Construction Plastic Fasteners Market 2025 with Regional Analysis and Key Industry Trends

San Francisco, 26 Sep 2018: The global building and construction plastic fasteners market is expected to reach USD 485.3 million by 2025, according to a new report by Grand View Research, Inc. Growing demand for plastic rivets, cable ties, and grommets owing to their light weight and corrosion resistance property is expected to propel growth.

The market is highly fragmented with the presence of many small and medium manufacturers. The industry players are expected to compete on the basis of geographical expansion, price, product quality, and design. These factors are also anticipated to ascend the competitive rivalry among the players over the next eight years.

North America and Europe witnessed high product penetration owing to high spending on interiors and wooden structures in these regions. However, rapid growth of residential, commercial, and industrial buildings in Asia Pacific and Central & South America is expected to spur industry growth in these regions over the projected period.

Volatility in raw material prices and strong foothold of existing players in the market are expected to be the key factors challenging the entry of new players. However, a high scope for product development in terms of design and strength is expected to open new avenues for new players, thereby ascending the threat of new entrants over the forecast period.

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Further key findings from the report suggest:

The market in China was valued at USD 55.5 million in 2016 and is expected to grow at a CAGR of 6.8% owing to high magnitude of constructional activities in the region
The economic recovery in European countries, including Germany, the UK, and Italy, is expected to lead to an increase in the number of constructional activities, thereby propelling the product demand
Asia Pacific is expected to be the fastest growing region denoting a CAGR of 5.4% from 2017 to 2025, owing to the rapid growth of end-use sector activities coupled with the growing population in China, Vietnam, India, and Thailand
Cable tie fasteners was the dominating product segment accounting over 45% of the overall market and is expected to grow at a significant rate owing to their high demand for cable management applications
Direct distribution accounted for 80% of the overall distribution market in 2016 and is expected to grow owing to increasing number of plastic fastener manufacturers with their own distribution channel and wide geographic reach
Investor-friendly policies and surge in construction activities in Peru, Colombia, and Argentina are expected to drive the Central & South America market at a CAGR of 5.1% from 2017 to 2025
Avery Dennison, HellermannTyton, and TR Fastening are some of the major industry players offering superior design and customized product solutions

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LPG Market Enhance Growth of $147.76 Billion By 2024

San Francisco, 26 Sep 2018: The global Liquefied Petroleum Gas Market is expected to reach USD 147.76 billion by 2024, according to a new report by Grand View Research, Inc. Increasing government initiatives to promote the use of LPG as an auto fuel especially in emerging economies is expected to boost the global market. Also, on account of various benefits offered by the product, such as low-carbon emissions, low cost, and operational benefits, its demand is expected to witness significant growth over the forecast period.

Liquefied petroleum gas is increasing as an attractive option for commercial properties combined with renewable and low-carbon technologies to integrate a reliable year-round power supply with carbon savings.

Refinery was the biggest source of LPG and accounted for over 40% of the total volume in 2015 and is expected to exceed a total volume of 165 million tons by 2024. The source of the fuel varies with area, for instance, the majority of the product demand in North America is derived mostly from natural gas processing, whereas Asia Pacific is dependent on refineries for its production. LPG produced from non-associated gas is expected to show significant growth over the forecast period due to increase in shale gas resources specifically in the U.S. and China.

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Further key findings from the report suggest:

The global liquefied petroleum gas (LPG) market demand was 278 million tons in 2015 and is expected to exceed 380 million tons by 2024, growing at a CAGR of 3.6% from 2016 to 2024
Non-associated gas reserves are expected to witness the fastest growth over the forecast period in terms of market volume. The segment is expected to reach a total demand exceeding 118 million tons by 2024.
Residential & commercial application segment was valued over USD 55 billion in 2015 and is estimated to witness the fastest growth in next eight years. High demand as a chief cooking and heating fuel in residential as well as commercial sectors has been the major factor responsible for market penetration in the segment.
Auto fuel accounted for over 10% of the global LPG demand in 2015 and is anticipated to reach a total volume exceeding 30 million tons by 2024, growing at an estimated CAGR of 3.6% from 2016 to 2024
Asia Pacific liquefied petroleum gas market dominated the global consumption and accounted for over 33% of the total volume in 2015. Asia Pacific is anticipated to witness a high CAGR of over 4.9% during the forecast period. Increasing consumption of LPG in domestic usage such as cooking fuel coupled with government initiatives mainly in China, India, and Indonesia is expected to boost LPG demand in the region.
Key industry participants in operating in the global LPG market include Aygaz AS, Bayegan, China Gas Holdings Ltd., Chevron, Sinopec, ExxonMobil, Oman Oil Company, Petredec LPG, Phillips 66, Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation Ltd.

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Glass Bonding Adhesives Market Enhance Growth of $4.42 Billion By 2025

San Francisco, 26 Sep 2018: The global glass bonding adhesives market is expected to reach USD 4.42 billion by 2025, at a registered CAGR of 7.2%, according to a report by Grand View Research, Inc. Central & South America is estimated to witness high industry growth by 2025. The electronics & appliances and medical device applications are estimated to offer key opportunities for the industry growth.

UV curing, urethane, acrylics, and silicone are primarily utilized as bonding agents in various electronics & appliance products owing to their significant thermal barrier properties. Camera lens, computer screens, mobile displays, liquid crystal displays (LCD), LED display lamps, flat panel displays, and other electronic products require bonding agents for the adhesion of glass sheets with other composite and metal substrates.

Master Bond LLC offers LED curable glues for the efficient bonding of tinted or UV blocked glass substrates. The products are characterized by their outstanding light transmission properties, consistent process control, low energy consumption, and uniform intensity output.

Electronics & appliances is estimated to offer lucrative opportunities in the industry over the forecast period, especially in Asia Pacific. The presence of major electronic components, as well as appliance manufacturers in the region, is estimated to enhance the product assembly activities, thus promoting the use of superior glass bonding glue over the years ahead.

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Further key findings from the report suggest:

In terms of revenue, electronics & appliances application in the glass glues industry is expected to rise at an estimated CAGR of 7.7% over the forecast period. This application segment constituted a revenue share of 12.7% in 2016.
The rising use of nanotechnology for improving the light curing process technologies of glass glues is expected to be a key technological trend in the next couple of years
SW Products Ltd., a UK-based adhesives provider offers Nano470 High Strength Adhesive. The product facilitates superior adhesion of glass to glass and to metal substrates. Nano470 can be cured by using a white fluorescent light and does not require UV light.
In June 2017, DELO developed DELO PHOTOBOND GB4033, a new light-curing acrylate adhesive for applications in the consumer electronics sector. The product exhibits outstanding peel resistance against glass & plastic substrates and good sealing properties against humidity, moisture, and dust.
In terms of revenue, the industry growth in Germany is estimated to expand at a predicted CAGR of 6.2% over the forecast period
In March 2017, H.B. Fuller established a new regional office in Dubai, UAE, to cater to the rising demand for adhesives and sealants in the Middle East, Egypt, Germany, and India

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Tuesday 25 September 2018

IoT in Retail Market Is Likely To Reach $94.44 Billion By 2025 | Industry Players Allerin Tech Pvt Ltd., RetailNext Inc

San Francisco, 26 Sep 2018: The global internet of things (IoT) in retail market size is expected to reach USD 94.44 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 21.5% CAGR during the forecast period. Increasing demand for improved flexibility, multiple distribution channels, better service, and enhanced experience are expected to provide impetus to industry growth over the forecast period. The growth can be also attributed to merging of digital and in-store operations in retail stores.

Ongoing evolutions in retail such as omnichannel shopping and rapid smartphone adoption rate are enabling retailers to create a brick-and-mortar shopping experience. Smart retailers are engaging with the right technology and making stores more interactive. Smartphones and tablets enabled with Bluetooth Low Energy (BLE) are used for product promotions, thereby encouraging social sharing.

Such evolutions have led to increased spending on connected technologies to monitor products, customer behavior, premises, and supply chain. Implementation and adoption of connected technologies solutions allow retailers to analyze and monitor existing processes to enhance them with incremental investments. However, with growing IoT permeation, retailers have not been able to exploit the capabilities of IoT.

Furthermore, the emergence of Machine Learning and Artificial Intelligence (AI) technologies are changing the retail scenario as they provide better insights to optimize retail execution efficiently. Retailers can accurately anticipate customer behavior, predict demand, and personalize customer experience. For instance, retailers are predicting demand to offer product endorsements based on data received from customers. Such transformation is expected to occur over the next few years by deploying machine learning in combination with IoT technologies.

Retailers are striving to gain a competitive edge through installation of smart shelves and RFID sensors, which aid in detection of low inventory and track products throughout the respective supply chain. IoT adoption also helps retailers in revolutionizing delivery operations and retail supply chain.

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Further key findings from the report suggest:

Retail IoT software is expected to witness substantial growth with a revenue share of over 40.0% by 2025; this growth can be attributed to increasing adoption of retail analytics software to monitor consumer behavior
The beacons segment is expected to exhibit a CAGR of over 23.0% from 2016 to 2025 owing to increasing adoption of beacons for enhancing customer in-store experience by offering promotional offers and messages
The Latin America region is anticipated to account for a revenue share of over 10.0% by 2025 owing to increasing investment in retail infrastructure
Key industry players include RetailNext Inc.; Losant IoT Inc.; Intel Corporation; Impinj Inc.; and Allerin Tech Pvt. Ltd.

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Data Center Power Market is Growing at CAGR of 6.7% By 2025 | Key Participants Emerson Electric, ABB Group

San Francisco, 26 Sep 2018: The global data center power market is expected to reach USD 10.77 billion by 2025, according to a new report by Grand View Research, Inc. The global data center power market is majorly driven by the shift of various end-users towards hyper-scale and colocation data centers. The increase of such data center facilities is anticipated to result in an increasing demand for data center power equipment in the coming years.

Globally, data centers consume around 3% of the total energy generated, which is a considerably high figure. Moreover, since the energy prices are rising, the need to reduce PUE ratios is also growing. Data center designers are currently adopting advanced power distribution and management solutions to attain energy efficiency at lesser PUE ratios. This goal of reducing the PUE ratio is further expected to spur the demand for advanced and intelligent data center power products over the forecast period.

Uninterrupted Power Supply (UPS) is the backbone of data centers and are significantly deployed for the smooth working of servers and other networking devices. Furthermore, the cost of UPS is significantly higher than any other data center power products. As a result, the UPS product segment dominated the global data center power market in 2016. Additionally, most data centers use the smart UPS system, battery monitoring devices, and intelligent power distribution systems in a bid to reduce the PUE ratio. The increasing penetration of these new devices is further expected to boost the demand for UPS over the forecast period.

The U.S. has some of the biggest data centers in the world. The country accounted for more than 70% of the total market share of North America in 2016. Furthermore, Asia Pacific is projected to be the highest growing region owing to the increasing number of co-location data centers in developing countries such as India and China.

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Further key findings from the report suggest:

The global data center power market is expected to witness a CAGR exceeding 6% from 2017 to 2025, owing to the increasing trend towards reducing the PUE ratio for better energy management in data centers.
The increasing penetration of IoT connectivity and the integration of artificial intelligence are expected to favorably impact the data centers market, thereby driving the demand for data center power systems over the coming years.
The UPS segment accounted for the largest share in 2016, which is accredited to the increasing demand for energy in data centers along with increasing penetration of co-location data centers globally.
North America accounted for over 35% of the overall revenue share in 2016 and is also expected to dominate the market over the forecast period, owing to the increasing number of data centers in the U.S.
Key players that captured a significant market share in 2016 were Vertiv Co., Schneider Electric, Legrand, General Electric, and Eaton, among others.

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Electrical Insulation Coating Market is Expected to Reach $3.0 Billion in 2024 | Industry Players PPG Industries, AkzoNobel N.V

San Francisco, 26 Sep 2018: The global Electrical Insulation Coating Market is expected to reach USD 3.0 billion in 2024, according to a new report by Grand View Research, Inc. The demand for electricity is slated to grow at an estimated annual rate of over 2.5%. The electricity demand is anticipated to witness robust growth from non-OECD countries owing to economic and population growth. Other factors such as easy availability of raw materials, upcoming power generation projects particularly in Asia Pacific are anticipated to foster the market growth.

Raw material prices play a vital role in defining the overall costs of the final product. Currency fluctuations are expected to result in unstable raw material prices. The high cost of coating formulations is another factor which is anticipated to hinder the market growth. Regulations related to VOC (volatile organic compound) emission are expected to affect the demand for liquid based insulation coatings in the near future.

Liquid coatings emerged as the leading product segment and accounted for over 60% of global demand in 2015. However, gaining popularity of powder coatings for electrical insulation on account of stringent regulations in place is expected to increase its market share over the forecast period.

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Further key findings from the report suggest:

The global electrical insulation coating market demand exceeded 650 kilo tons in 2015 and is expected to exceed 900 kilo tons by 2024, growing at a CAGR of 3.7% from 2016 to 2024
Trends in powder coating industry have oriented towards development of binders resulting in improved gloss retention and high UV resistance
Epoxies are known to have excellent dielectric properties, dimensional stability, good shock and vibration resistance. The raw material segment is expected to grow at an estimated CAGR of 5.0% from 2016 to 2024.
Asia Pacific was the leading consumer with its share exceeding 50% in 2015. Easy availability of key raw materials coupled with rapidly growing electrical industry in China and India are likely to drive the regional growth.
Electrical insulation coatings industry is likely to witness technological shift owing to strict VOC regulations. Various market players have implemented different coating processes depending on the geometry of the electrical components.
Some key companies operating in the market include Axalta Coating Systems, Elantas GmbH, 3M Company, PPG Industries, AkzoNobel N.V., and Evonik Industries

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Assisted Reproductive Technology Market Is Anticipated To Reach $45.4 Billion By 2025

San Francisco, 26 Sep 2018: The global assisted reproductive technology (ART) market is expected to reach USD 45 billion by 2025, according to a new report by Grand View Research, Inc. Childbearing postponement is one of the high impact rendering drivers of the infertility treatment market. The reproductive behavior and pattern of some of the nations such as few European nations have shifted from early to late childbearing pattern.

Increasing marital age, rising tobacco and alcohol consumption, increasing obesity rate are some of the other factors contributing to the market growth. Furthermore, increasing incidence rate of conditions such as poly-cystic ovarian syndrome (PCOS), tubal factors and endometriosis are other drivers of the market.

According to the Society for Assisted Reproductive Technology, 2012 was the year with highest percentage of babies born through IVF treatment. The treatment has become more successful and has gained more acceptance, which is further expected to increase the market size in the coming years.

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Further Key Findings from the Report Suggest:

Fresh non-donor was the largest ART market procedure segment in 2014. The fact that fresh eggs and sperms increase the number of successful pregnancies is expected to drive segment growth over the forecast period.
According to a recent study published in the New England Journal of Medicine.by the researchers from Vietnam and China, frozen embryos are not more effective in comparison to the fresh embryos for all women, specifically those suffering from PCOS.
Frozen non-donor is identified as the most lucrative procedure segment of the assisted reproductive technology industry. A new study claims that the fertility treatment with frozen embryos may have more probability of success than those performed with fresh embryos.
IVF with ICSI dominated the technology type market segment owing to increase in the chances of successful fertilization, and exceptional technique for treating male infertility. As per the study published in fertility journal Human Reproduction Update 2017, North America, Europe, New Zealand and Australia, men’s sperm counts declined by 50-60% over the period between 1973 and 2011. Changing lifestyle and environmental factors are some of the factors responsible for the decline of sperm counts.
Frozen embryo replacement (FER) is anticipated to grow at a rapid rate over the forecast period owing to the fact that in the clinics fresh embryos are used first and only good quality and spare embryos are transferred at a later stage. The trend is to transfer single embryos rather than risking by transferring two or more embryos. This is expected to increase the FER segment market in the coming years.
Europe dominated the market and is anticipated to maintain its dominance during the forecast period The Asia Pacific region is likely to witness significant growth over the next decade due to improving healthcare infrastructure, increasing awareness and adoption of IVF procedures.
Technological advancements is expected to drive the market in the coming years. In 2016, INVO Bioscience, Inc. announced the FDA approval of first intravaginal culture system, INVOcell, wherein women’s vagina is used as a natural incubator and the clinical trials have produced pregnancy similar to traditional IVF treatments
Some of the key players are California Cryobank, Bloom IVF Centre, Parallabs, OvaScience, Anecova, Origio, Microm Ltd., Merck KGaA, Ferring Pharmaceuticals, Boston Science Corporation and Hamilton Throne Ltd.

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The Fastest Growing “Aesthetic Lasers Market” in the Next 5 Years: Grand View Research, Inc.

San Francisco, 25 Sep 2018: The global aesthetic lasers market is expected to reach USD 1.8 billion by 2024, according to a new report by Grand View Research, Inc. The demand is expected to upsurge due to aging population, high prevalence of obesity, and wide range of safe and effective treatments. Moreover, growing awareness about the safety and efficacy of lasers coupled with its ease of use is also expected to propel its cosmetic applications.

Advancement of technology has made needle-free procedures possible, thus boosting the rate of adoption of laser treatments. Young population also opts for cosmetic procedures as preventive measures for and to slow down the aging process.

Companies operating in this market are making huge investments in research and development of new products and holding patents. For instance, in 2014, Cutera (provider of energy-based medical Aesthetic technologies) invested USD 10.5 million for pure research purposes and holds 34 patents along with5 patent applications in the pipeline.

Stringent regulations for the cosmetic laser products are projected to ensure increasing efficiency of the devices while treating the skin without any adverse effects. The manufacturers of laser devices have to comply with the Federal Food, Drug, and Cosmetic Act in addition to radiation safety performance standards defined by the Federal Regulations.

In April 2016, Oculus Innovative Sciences, Inc. received the FDA approval for Microcyn-based Lasercyn Gel, intended for post-non-ablative laser therapy procedures management

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Further Key Findings from the Study Suggests:

Hair removal is the fourth most common minimally invasive procedure across the globe with approximately 1 million procedures done in the year 2011.It dominated the application segment in terms of number of procedures owing to the changing beliefs of beauty and lifestyle.
Conventional hair removal methods are painful and temporary. Thus, using lasers for permanent hair removal proves to be efficient. Also, growing safety assurance results in more people opting for it. Almost 97% people who have undergone the procedure report satisfactory outcomes.
Laser skin resurfacing segment is expected to grow at a rapid rate over the forecast period. This is attributed to the fact that it reduces the signs of aging and improves skin texture, tone, & laxity. Furthermore, increasing innovation and technological advancements brought in by the market players are expected to propel demand of the segment in the coming years.
For instance, Sciton JOULE is an expandable platform that offers an unprecedented laser array and light wavelengths via any of its three distinct delivery modes that are broadband light, fiber, and arm, enabling practitioners with the maximum versatility to perform surgical and Aesthetic procedures from a single platform. It is the first OptiPlex platform to accommodate abovementioned three distinct delivery modes.
Some incredible creative solutions have been prompted with the increasing demand for laser skin resurfacing. In 2010, Solta Medical (fractional resurfacing and noninvasive skin tightening pioneer) announced an FDA clearance of Fraxel restore Dual for treating actinic keratosis.
North America dominated the market in 2015. It is due to the early acceptance of laser technology and growing awareness about lasers and its efficiency in treating all the skin type.
The prevalence of medical spas is very high in this region. In 2012, approximately 2,100 med spas were operative in the U.S., generating revenue USD 1.94 billion per year. This number grew to USD 3.6 billion in 2016. Growing emphasis on beauty and attractiveness and its direct impact on success are expected to further increase the market share of the region.
Some key players are Solta Medical, Inc. (acquired by Valeant Pharmaceuticals); Lumenis; Cynosure, Inc.; STRATA Skin Sciences; Syneron Medical Ltd., Lutronic, Cutera, Viora, Lynton Lasers, and Sciton, Inc.
The industry is experiencing many mergers and acquisitions between competitors. In December 2014, Valeant Pharmaceuticals International acquired Solta Medical, Inc. in USD 236 million.
In 2015, Mela Sciences acquired XTRAC and VTRAC laser and lamp systems from PhotoMedex, Inc. in USD 42.5 million. Moreover, the company was renamed to Strata Skin Sciences.

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