Market Forecast News: March 2019

Sunday 31 March 2019

Construction Equipment Market Scale To Reach $112.52 Billion By 2025

San Francisco, 1 Apr 2019: The global construction equipment market size is expected to reach USD 112.52 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.8% over the forecast period. Increasing government spending on developing public infrastructure has been a major factor driving market growth. In addition, growing trend of renting used construction equipment has led to rise in demand for construction equipment.

Earth moving machinery accounted for the highest market share in 2017. Increasing demand for large and mini excavators, backhoe loaders, and such other heavy construction equipment from developing countries is driving the market growth. Although China is considered as a market leader for these equipment, the country has faced a steep decline in sales over the last few years. The concrete and road construction machinery segment is anticipated to grow at the highest CAGR of 7.0% over the forecast period.

Concrete and road machinery include equipment such as asphalt pavers, rollers, and transit mixers used in road development of roads and transportation of concrete material. Road construction projects are anticipated to be a key driver for this product segment. For instance, in U.S., investment in roadways construction is expected to increase from nearly USD 91.0 billion in 2016 to USD 99.0 billion by 2020.

Among excavators, loaders, and other such earth moving machinery segments, excavator is anticipated to capture highest market share by 2025. Rapid technological advancements, better capacity, and increased productivity are key drivers for growth. Demand for loaders is expected to boost owing to increased requirement from Chinese market. Other earth moving equipment such as dozers are anticipated to grow at very high pace, owing to high demand from mining sector.

Truck mounted cranes dominated the material handling machinery market in 2017, owing to better product design and transportability. These all terrain cranes are useful in almost all working conditions especially for small construction projects. The crawler crane segment is anticipated reach USD 3.67 billion market by 2025. These cranes are highly powerful and sturdy in nature, thus, useful for large operations and moving large weights.

The concrete mixer and paver segment accounted for over 56% market share in 2017. Increasing mega construction projects in cities and rapid pace of urbanization boosted demand for the segment.

North America emerged as the global leader for heavy construction equipment in 2016. China slowdown helped North American companies to capture greater market share worldwide. For instance, North America accounted for greater than 75% demand for skid steer loaders in 2016. However, falling commodity prices has slowed down growth of construction and mining industry in 2017. Demand for earth digging equipment such as mini excavators has jumped in Middle East and Africa owing to growing mining activities.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/construction-equipment-market-analysis

Further key findings from the report suggest:

Earth moving machinery segment is anticipated to grow at CAGR of 3.8% from 2018 to 2025
Excavator is the largest earth moving machinery segment and is anticipated to reach USD 46.41 billion by 2025 owing to increasing construction and mining activities in Asia Pacific, and Middle East and Africa
North America is leading the construction equipment market with a value of USD 27.88 billion in 2017
Key players including Caterpillar Inc.; Komatsu; Hitachi Construction Machinery; Liebherr and Volvo Construction Equipment dominated the global market in 2017.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-construction-equipment-market

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.

For More Information: www.grandviewresearch.com

Drone Data Service Market Exceeds Growth of $8.15 Billion By 2025

San Francisco, 1 Apr 2019: The global drone data service market is expected to reach USD 8.15 billion by 2025, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing usage of information acquired by drones in operational and big data analytics. The increasing need for UAV imagery analysis is presumed to impact the global drone imagery processing software industry positively and add a new horizon in imagery storage technologies.

The increasing adoption of drones in commercial sectors is leading to a revolution in big data cloud services. Launching a drone to capture images is the preliminary step in the drone information acquisition process. The captured images then require correction, calibration, processing, storage, and efficient evaluation.

The increasing need to evaluate imagery is a key factor driving the adoption of drone imagery software and cloud-based applications, which possess the ability to upload, share, store, and process aerial images. Moreover, there has been a steep increase in the use of cloud-based in-memory computing platform amongst businesses as it accelerates analytics, processes, and predictive capabilities.

By gathering information on a larger scale, service providers can now process unprecedented levels of detailed information and turn it into actionable information. UAV companies, such as PrecisionHawk, are transforming their business processes to enhance their focus on drone data processing rather than UAV manufacturing.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/drone-data-services-market

Further key findings from the report suggest:

The industry requires significant improvements in various processes, such as increased fusion of data, compression, encryption, and on-board processing, as the software to perform analytics directly from imagery is still in the research phase
Big data generated by drones is of vital importance in various sectors, including monitoring construction activities, ortho-rectification, and creation of Digital Surface Models (DSMs) and Digital Terrain Models (DTMs).
North America is presumed to emerge as the dominant region while Asia Pacific is expected to witness unprecedented growth over the forecast period.
Over the next three years, agricultural firms and construction companies are expected to harness the capabilities of aerial surveillance through drones on a large scale as these industries have not yet explored the benefits of imagery optimally
Drone imagery service providers across the globe are expected to transform themselves from being straight up services companies to holistic data analytics companies.

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ROADM WSS Component Market Size, Share & Growth Analysis By 2025

San Francisco, 1 Apr 2019: The global ROADM WSS component market size is expected to reach USD 1.32 billion by 2025, according to a new study conducted by Grand View Research, Inc., progressing at a CAGR of 12.1% during the forecast period. Soaring need for components that provide flexibility to easily manage wavelengths and monitor network operations are expected to stimulate the growth of the market.

Communication service providers continue to face challenges to modify existing optical networks to meet increasing demand. Traditionally, they modify network required for addition of new wavelengths or change distribution of current wavelengths. ROADM WSS components help overcome these challenges by allowing communication service providers to add new wavelengths without disturbing the current optical networks.

In addition, ROADM WSS components offer various benefits such as remote process management, reduced network operation cost, and full monitoring and control over high-capacity network infrastructure. These factors are also estimated to accelerate ROADM WSS component market growth.

Increasing adoption of dynamic ROADMs coupled with a surging demand for Wavelength Selective Switches (WSS) enabled ROADMs is anticipated to bolster the growth of the market. Furthermore, rising video traffic coupled with spiraling demand for Internet Protocol television (IPTV) is projected to fuel growth prospects.

Key market players are focusing on developing ROADM-based optical transport incorporated with electrical switching, which is flexible, compact, and can address requirements such as high wavelength speed, improved spectral efficiency, and minimized power consumption. Growing demand for increased bandwidth encourages network operators to deploy ROADM-based optical transport incorporated with electrical switching. This is further projected to keep market growth prospects upbeat.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/the-global-roadm-wss-component-market

Further key findings from the report suggest:

The Wavelength Selective Switches (WSS) segment is poised to register the highest CAGR of 12.9% during the forecast period, owing to rising demand for fast network speeds and growing network data traffic
The multi-node segment is likely to experience significant growth during the same period. Metro networks are shifting from centralized data centers to distributed data centers to increase user data access speed and to improve user experience, which in turn is expected to supplement the growth of the segment
The long haul application segment is estimated to post a CAGR of over 12.8% during the forecast period. This growth of the segment can be attributed to development of energy efficient ROADM architecture for long haul applications
The communication segment is anticipated to dominate market throughout the forecast horizon owing to increasing adoption of ROADM WSS components by telecom service providers that assist in minimizing operational costs and offers enhanced communication services
North America is projected to lead the market until 2025 and is poised to reach USD 350.6 million owing to burgeoning adoption of ROADM WSS components to offer seamless communication services to users
Prominent industry participants include AC Photonics, Inc.; Active Optical MEMS, Inc.; Aegis Lightwave, Inc.; Agiltron, Inc.; Cisco Systems, Inc.; Corning Incorporated; DuPont Photonics Technologies, LLC ; Finisar Corporation; Fujitsu Limited; ADVA Optical Networking; Sinclair Manufacturing Company; and Xerox Corporation.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-the-global-roadm-wss-component-market

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.

For More Information: www.grandviewresearch.com

Thursday 28 March 2019

Concentrated Solar Power Market Projected To Reach $8.92 Billion By 2025

San Francisco, 28 Mar 2019: The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth.

Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated solar power over the forecast timeframe. Favourable government regulations towards reduction of carbon footprint and greenhouse gas (GHG) emissions will further enhance the business growth.

Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The Federal Government sponsored USD 9 million towards the research and development of six new CSP projects in the country, to reduce the total project costs though technological growth.

Substantial reduction in the component costs along with supportive government incentives like energy certificates, and carbon credits will expand the concentrated solar power market over the forecast period. Regulators around the world have been encouraging grid integration, making it an affordable alternative compared to non-renewable energy sources.

Concentrating Solar Power technology can store solar energy in the form of heat, even post sunset, which is perceived as the greatest advantage that it offers over all the other competing technologies. Reliable power supply coupled with flexibility in usage assist in bridging the demand supply deficit, currently faced by nations especially in the developing world. However, CSP technology is capital intensive as compared to other solar thermal technologies, as this may prove to be a restraint for the its adoption over the forecast period.

In terms of technology, the parabolic trough technology held over 75% of the global concentrated solar power market share in 2016. Matured technology coupled with affordable costs as compared to other forms of available systems will positively influence the growth of the concentrating solar power market over the forecast period. Power tower technology was valued over USD 955.5 million by 2025. Enhanced heat storage ability, higher efficiency, and favourable capacity factor will augment the business growth.

To request a sample copy or view summary of this report:
www.grandviewresearch.com/industry-analysis/concentrated-solar-power-csp-market

Further key findings from the report suggest

The U.S. concentrated solar power market, in terms of value, will witness growth of over 18.9% over the forecast period. Favourable government initiatives like tax credits, installation cost subsidies among other benefits will augment the business growth.
In Morocco, climatic conditions are favourable to the growth of CSP technology adoption, in tandem with the existing pipeline projects. Morocco concentrating solar power market is expected to exceed USD 852.2 million over the forecast period.
Spain concentrated solar power market size is set to exceed USD 1.22 billion by 2025. Spain is the market leader with the maximum installed capacity in the world as of year 2017.

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Micro Turbine Market Trends: Compact Size And High-Efficiency Levels

San Francisco, 28 Mar 2019: The global micro turbine market is expected to reach USD 339.7 million by 2024, according to a new report by Grand View Research, Inc. Micro turbines have been gaining advantage globally on account of their compact size and high-efficiency levels.

The technology is an ideal solution for generating clean energy in the environment. Cost effectiveness coupled with waste fuel utilization have been the major factors driving the global Micro Turbine Market.

Changing grid operations are anticipated to establish as key industry opportunity for the product development. Increasing potential for greener energy solution is also expected to further augment industry revenue in over the forecast period. Growing investment initiatives to develop new generating capacity coupled with stringent environmental regulatory framework is anticipated to further enhance overall market growth in near future.

Combined heat & power was the leading application segment and accounted for over 55% of total market revenue in 2015. Increasing initiatives to reduce global warming levels and installation of CHP is expected to drive this segment over the forecast period.

To request a sample copy or view summary of this report:
www.grandviewresearch.com/industry-analysis/microturbines-market

Further key findings from the report suggest:

50 kW-250 kW emerged as the leading power rating sector and is anticipated to witness high demand in hybrid electric vehicle manufacturing. The segment accounted for 38.3% of total market revenue in 2015. It is also expected to witness the highest growth of 11.1% over the forecast period.
Industrial was the leading end-user and accounted for over 50% of total market revenue in 2015. Micro turbines find application in construction, oil & gas, mining, waste water treatment and pharmaceutical industries. Expanding product application in waste water treatment is expected to establish as growth opportunity for this segment.
North America was the leading regional market and accounted for 37.7% of global revenue in 2015. Shale gas boom in the region is expected to significantly contribute towards industry enhancement in the near future. Nuclear plants decommission coupled with strict environmental regulations are anticipated to augment European market over the forecast period.
Major companies include Bladon Jets, Capstone Turbine Corporation, Microturbine Technology BV, Calnetix Technologies LLC., ICR Turbine Engine Corporation, Eneftech Innovation SA, Brayton Energy LLC, Toyota Motor Corporation, Flexenergy, Inc, Ansaldo Energia S.P.A., NewEnCo. and Wilson Solarpower Corporation.

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High Growth Potential in Conductive Ink Market Offers Opportunities for the Market Leaders Globally

San Francisco, 28 Mar 2019: The global conductive ink market is expected to reach USD 4.37 billion by 2024, according to a new report by Grand View Research, Inc. Robust demand for miniaturization coupled with efficiency in the electronics industry is expected to fuel the global conductive ink market over the forecast period. These inks are also likely to replace bulky energy consuming wire and circuits in the future. Conductive inks are smaller in size and provide better durability & efficiency as compared to traditional wire circuits.

Factors such as lack of product education, advertisements and information sharing on the part of the manufacturers are expected to critically impact the total market over the forecast period. Researchers and renowned brand owners are trying to overcome these difficulties through the help of media, which is anticipated to create new avenues for industry participants.

In recent years, silver conductive inks have been widely used for various applications owing to its excellent printability and conductivity. However, high prices coupled with scarce availability have forced the manufacturers to introduce its alternatives, which are relatively less expensive, and exhibits same qualities as silver. Copper-based & graphene-based conductive inks are less costly and free from aggregation & oxidation problems.

Moreover, recent advances are being made by manufacturers to introduce newer formulations containing minimal silver formulations. ABLESTIK ECIV-1001, primarily used in automobile application, is a traditional conductive silver ink which is inexpensive and has less silver content.

To request a sample copy or view summary of this report:
www.grandviewresearch.com/industry-analysis/conductive-ink-market

Further key findings from the report suggest:

Conductive ink usage in display technology is presumed to grow at an estimated CAGR of 4.1% over the next eight years. This technology is widely used in smart phone innovations and other electronic devices. The increased levels of resolutions coupled with better picture density have resulted in the growth of conductive inks. Silver inks are being widely used in flexible circuitry display devices.
Asia Pacific emerged as the most dominant regional market and accounted for over70% of total market revenue in 2015. The regional growth can be attributed to the continuous expansion of consumer electronics, printed electronics, and photovoltaic application segment.
The global conductive ink market is consolidated in nature as a handful number of industry participants holding a major share of the overall market. Industry participants include Polyink, Novacentix, Creative Material, Inc., Sun Chemical Corporation, Voxel 8, and Johnson Matthey Color Technology.

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Rapid Increase in Flight Simulators Market - Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2024

San Francisco, 28 Mar 2019: The global flight simulators market is expected to reach USD 5.62 billion by 2024, according to a new report by Grand View Research, Inc. increasing adoption of FFS owing to high fidelity and reliability is expected to provide adequate growth prospects over the coming years. Customers also opt for FTDs on account of their low operational costs, modular approach, real-time aerodynamic flight model, and remote configuration as well as management. The industry is expected to witness moderate growth over the forecast period owing to the aforementioned factors.

The need to effectively replicate real flying training with the usage of motion and visual systems has resulted in the introduction of sophisticated simulators in the market. Increase in government spending and growing security concerns particularly in the military sector is anticipated to escalate product demand significantly. The rising concerns over pilot training cost along with fluctuating fuel prices may further drive demand for flight simulators over the next eight years.

To request a sample copy or view summary of this report:
www.grandviewresearch.com/industry-analysis/the-global-flight-simulator-market

Further key findings from the report suggest:

The FFS product segment accounted for over 90% of the overall revenue in 2015 and is expected to grow at a CAGR of over 4% from 2016 to 2024. This growth is owing to features that provide motion, sound, visuals, and all other aircraft operations that create a realistic flight training environment.
The demand in civil application segment is primarily due to the rising air traffic coupled with the growing emphasis on the passenger as well as pilot safety. Governments in several countries have enforced strict regulations regarding the use and significance of simulation training.
The services segment is anticipated to grow at a CAGR exceeding 3.0% over the forecast period. This is primarily attributed to the rise in number of simulator installation by international airways.
Europe accounted for more than 30% of the overall market share in 2015 and is expected to exhibit a modest growth over the next eight years on account of the elevating enforcement of regulations pertaining to pilot training and passenger safety.
The Asia Pacific flight simulators market is estimated to exhibit a substantial growth over the forecast period in light of the growing aviation industry, resulting in the increasing demand for flight simulators. The Middle East & Africa is also projected to showcase a substantial demand of over 4%, which is primarily be attributed to the presence of carriers including Emirates, Etihad Airways, and Qatar that are investing heavily in this industry.
Prominent industry players include CAE, Boeing, L-3 Link Simulation & Training, Lockheed Martin, Rockwell Collins, Thales and SaaB. Industry participants emphasize on joint ventures, mergers and acquisitions in order to acquire greater financial, technical, marketing, manufacturing and distribution expertise.

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Wednesday 27 March 2019

Automotive Tire Market Scale To Reach $374.22 Billion By 2024

San Francisco, 28 Mar 2019: The global automotive tire market size is expected to reach USD 374.22 billion by 2024 according to a new report by Grand View Research, Inc. Increasing automotive sales especially in countries such as China, India, Japan, and South Korea is anticipated to favorably impact the global automotive tire market over the forecast period. This growth can be attributed to rising disposable income and improvement in the overall lifestyle of consumers.

Technological proliferation and the development of the innovative and environment-friendly green tires have opened up broad growth avenues for the industry participants. Moreover, increasing radial tire up gradation activities owing to its benefits such lesser vibrations, reduced fuel consumption and extended tire life due to less heat generated has favorably impacted the industry growth.

However, stringent emission norms by governments and regulatory authorities worldwide are expected to challenge demand. For example, on September 1, 2010, the California Air Resources Board’s (ARB’s) Tire Pressure Regulation was formulated to reduce greenhouse gas emissions from vehicles operating with underneath inflated tires by inflating them to the suggested pressure rating.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/automotive-tire-market

Further key findings from the report suggest:

Two wheelers segment is anticipated to grow at CAGR of over 7.5% from 2016-2024. Increasing demand for two-wheelers across the developing countries such as India and China will contribute to the segment growth.
Increasing manufacturing and infrastructure building activities have spurred the sales of light commercial vehicles (LCV). Growing number of LCVs in Europe has led EU regulatory bodies and OEMs to enhance and improve the safety aspects of LCVs. The passenger car segment dominated the industry with over 40% revenue share in 2015 owing to the increasing advancements and innovations such as Plug-in cars.
The tire industry has witnessed a remarkable shift from the traditional to the technically advanced radial products. Radialisation of the truck tire market is anticipated to fuel the demand over the forecast period. In 2012, manufacturers in China produced over 50% of the global radial truck tires industry.
Stringent government guidelines worldwide are expected to regulate the global automotive tire market over the coming years. Asia Pacific dominated the industry contributing to over 40% of the global revenue in 2015. The presence of several prominent automobile manufacturers and ancillaries in the region is expected to generate high demand over the forecast period.
Key industry participants include Bridgestone, Continental, Goodyear, Michelin, Pirelli and Sumitomo. Manufacturers are gradually adopting innovative production techniques to gain a competitive advantage over others. Vendors are now adopting modern supply chain and distribution strategies such as e-commerce and retail chains to reach efficiently the end-user apart from the conventional supply to automobile assemblers and aftermarket industry.

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Analysts Predict Lightning Growth for Global EMEA POP Packaging Market

San Francisco, 27 Mar 2019: The EMEA pop packaging market size is projected to reach USD 4.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% during the forecast period. Booming organized retail market in emerging economies is one of the key factors driving the market. Changing demographics are prompting retailers and brand owners to innovate their advertising displays across the retail space to increase the appeal of products. This, in turn, is anticipated to work in favor of the market.

POP displays offer precise or personalized target marketing. Marketing messages can be changed from store to store or region to region and according to customer demographics. Furthermore, evaluation of effectiveness of POP display with regard to the store, region, and consumer segments is easier as compared to evaluation of TV and other advertisement modes.

Paperboard finds application in virtually all types of POP displays, most notably in counter displays, pallet displays, and dump bin displays. These materials are ideal in POP displays that showcase/display products such as personal care, electronics, toys, pharmaceuticals, and chocolates. An important factor that has led to increased consumption of paperboard or other paper-based materials is the extended scope of recycling.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/emea-pop-packaging-market

Further key findings from the report suggest:

In terms of revenue, the pallet display product type is anticipated to reach USD 1.29 billion by 2025, rising at a CAGR of 4.7% during the forecast period
In terms of revenue, the plastic segment is expected to experience the highest CAGR over the forecast period, owing to increasing demand for durable POP displays in the region
The convenience store segment is anticipated to exceed USD 466.1 million by 2025, owing to benefits such as ease in access and limited merchandising
The food & beverages segment is likely to post a CAGR of 4.5% over the forecast period owing to increasing sales of food & beverage products across retail stores
Some of the key companies present in the market are International Paper; DS Smith; Smurfit Kappa Display; Sonoco Products Company; Menasha Packaging Company; LLC; Georgia-Pacific LLC; WestRock Company; Felbro, Inc.; Fencor Packaging Group Limited; and FFR.

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North America Industrial Insulation Market Estimated To Reach$2.55 Billion By 2025

San Francisco, 27 Mar 2019: The North America industrial insulation market size is projected to reach USD 2.55 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.0% during the forecast period. Rising awareness regarding energy conservation and increasing energy cost are anticipated to drive the market.

The market exhibits extensive competitive rivalry due to presence of a large number of key players offering wide range of products to industries such as oil & gas and petrochemical. In addition, presence of a number of well-established companies is increasing entry barrier, thereby reducing the threat of new entrants.

Abundance in supply of raw materials in the industry is leading to limited change in the price. Increasing use of advanced materials for production of insulation is estimated to propel the market over the forecast period. In addition, high import volumes of low cost raw materials from economies such as China are expected to emerge as a major trend.

Majority of these raw materials used in the production of such materials are derivatives of crude oil or natural stone and sand. Presence of stringent regulations in the U.S. coupled with rising concerns regarding environmental degradation due to excessive mining is likely to pose a challenge the growth of the market over the forecast period.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/beauty-personal-care-products-market

Further key findings from the report suggest:

Foamed plastics are poised to exhibit a CAGR of 3.9% in terms of revenue from 2018 to 2025, owing to its superior characteristics such as sound absorption and superior sealing ability against air leaks
Pipes were the largest product segment and stood at a volume of 612 kilotons in 2017, on account of ability to control & stabilize process temperatures, prevent formation of condensation, and limit pipe erosion
Petrochemicals are projected to register a CAGR of 4.1% in terms of value during the forecast period, owing to increasing shale oil exploration and presence of a number of gas refineries in the U.S. and Canada
U.S. accounted for the leading share in the North America industrial insulation market, accounting over 85.5% of the total revenue in 2017 owing to implementation of recent IECC measures
Major companies in the market focus on improvement of their product portfolio coupled with high investments in R&D of low-cost materials that provide superior properties.

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Beauty & Personal Care Products Market Growth By 2025

San Francisco, 27 Mar 2019: The global beauty and personal care products market size is anticipated to reach USD 716.6 billion by 2025, according to a new report by Grand View Research, registering a CAGR of 5.9% during the forecast period. Growing preference for natural and organic personal care (NOPC) products, increasing adoption of Augmented Reality (AR) in the beauty industry, growing demand for anti - aging products, and increasing popularity of men’s grooming products are some of the key factors that are expected to drive the market over the forecast period.

AR uses face and skin - mapping technology to show how products would look on individual consumers before they purchase them. Thus, they need not visit a physical store nor try the products on, thus saving time and making purchase process more convenient.

Growing awareness about health, wellness, and personal grooming and appearance among men is projected to account for a rise in the demand for men’s grooming products. This, in turn, is expected to boost the growth of the market over the forecast period. A variety of men’s toiletries are now available in the market, such as deodorants, hair care, and skin care products, and bath and shower products. Furthermore, the skin care/sun care product segment expanded at a moderate CAGR from 2014 to 2017 owing to increasing aging population and growing awareness about advantages of using anti - aging products.

The Asia Pacific market accounted for the largest share of the market in 2017. It is expected to witness a significant gain in revenue share over the forecast period on account of its large population and the popularity of the e - commerce distribution channel across various industries in this region. Additionally, Japan, China, and India are expected to be the key contributors to the growth of the organic products segment in the region over the forecast period.

The demand for the beauty and personal care products market is expected to increase owing to rising aging population and growing consciousness to maintain youthful skin and a good appearance. The skin care/sun care segment is expected to register the highest CAGR of 6.2% over the forecast period
The U.S., China, Japan, India, and Mexico are expected to witness considerable growth over the forecast period owing to robust industrial development and extensive urbanization
The key players in this market include Avon Products, Inc.; Beiersdorf AG; Coty Inc.; Kao Corporation; L’occitane International S.A.; L’Oréal Group; Procter & Gamble; Mary Kay Inc.; Shiseido Company, Limited; Unilever Revlon, Inc.; and The Estée Lauder Companies Inc.

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Tuesday 26 March 2019

Rapid Increase in Medical Imaging Market - Key Factors, Market Segments Regions & Industry Forecasts Analysis to 2025

San Francisco, 26 Mar 2019: The global medical imaging market is expected to reach USD 55.7 billion by 2025, according to a new report by Grand View Research, Inc. Augmenting investment by government and federal organizations for portable diagnostic devices, and increasing prevalence of numerous chronic as well as sedentary lifestyle diseases is expected to vitally impact the industry growth.

Funds and initiatives by government and private players is expected to benefit the market. For instance, based on the information provided by the Hindustan Times in 2016, the Indian Government has setup an agency for encouraging domestic manufacturers and regulated prices of the medical devices.

Along with rise in investments and funds in developing region, there is also a significant rise in fundings in the European countries such as the UK where USD 21.0 million was provided by the government in August 2015 for better development of new therapy, diagnostics and medical technologies. Such efforts across various countries worldwide, together, are anticipated to positively drive the market over the forecast period.

The Diagnostic imaging market is highly consolidated and is anticipated to witness various new product launches over the forecast period, which will vitally impact the revenue generation for the industry. For instance, the adoption of high slice technology in CT scanners is expected to drive revenue for the industry globally. As of 2016, high slice system includes 80, 128, 256, 320 and 640 slice system which are offered only by top vendors such as Toshiba, Siemens Healthineers, Philips and GE healthcare.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/medical-imaging-systems-market

Further Key Findings From the Report Suggest:

Based on product type, there are five segments, X-ray, computed tomography, ultrasound, MRI equipment, and nuclear imaging. The x-ray segment was identified as the largest and is expected to grow at a CAGR of over 3.0% during the forecast period.
North America is one of the most lucrative region for medical imaging market owing to better infrastructure facilities as compared to emerging regions and high end purchasing power along coupled with reimbursement framework in the region. U.S is the dominating region owing to its large population base having insurance coverage, advancement in technology, aging population coupled with prevalence of chronic disease.
Key performing companies include Philips Healthcare, GE Healthcare, Siemen Healthineers, and Toshiba Medical Systems. Other players include, Shimadzu Corporation, Varian Medical Systems, Aribex Corporation, and Ziehm Imaging, Inc.

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Premium Insights on Digital Signage Market 2025 with Regional Analysis and Key Industry Trends

San Francisco, 26 Mar 2019: The global digital signage market is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the industry growth over the forecast period.

The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.

Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage help companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.

Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.

Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes that are associated with the traditional marketing activities.

The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.

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Further key findings from the study suggest:

LCD digital signage dominated the global display market in 2016 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology
Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the highest revenue-generating segment over the next eight years
The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients
The transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities
The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment
The North American region accounted for the largest market share in 2016, owing to the heavy demand of digital signage across various application sectors, on account of technological advancements and the modern customer base
The Asia-Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels
The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications

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Aesthetic Lasers Market to Maintain a Healthy CAGR in Coming Years

San Francisco, 26 Mar 2019: 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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NBR Powder Makes A Vibrant Return To The Global Market

San Francisco, 26 Mar 2019: The global nitrile butadiene rubber powder market size is expected to reach USD 586.0 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.8% during the forecast period. Cross-linked NBR is likely to witness the fastest growth, on account of increasing usage of the product in consumer goods and PVC modification sectors.

Nitrile rubber powder is significantly used as a major ingredient for developing industrial rubber goods and automotive body components. It is used in a wide array of industries that require materials providing superior resistance to oil, chemicals, and fuels. The powder is widely used as a PVC modifier and processing aid for manufacturing hoses, cables, automotive brake pads, and gaskets. Linear NBR powders can be favorably blended with other chemicals and materials, such as fillers and plasticizers. This product is utilized in injection molding as well as extrusion applications.

PVC modification emerged as the largest application segment in the global NBR powder market in 2017. It is likely to remain the largest consumer segment during the forecast period, owing to extensive use of NBR powder for offering low mold fouling and superior oil resistance in processing PVC products such as hoses and belts.

Applications such as automotive, construction, consumer goods, and footwear substantially consume NBR powder. Consumer goods and footwear are projected to be the fastest growing application segments over the next couple of years. Rapid utilization of rubber goods in various sectors including household appliances, transportation, agriculture and farming, and leisure and sports is estimated to further drive the demand by 2025.

Asia Pacific and RoW are expected to witness high growth owing to increasing industrialization activities. Presence of substitutes to NBR powder grade, such as heat resistant grade and liquid NBR grade, are anticipated to restrain market growth over the forecast period.

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Further key findings from the report suggest:

In terms of revenue, linear product segment is projected to ascend at a CAGR of over 5.0% over the forecast period
PVC modification application dominated the global NBR powder industry with a global market share of over 47.0% in 2016
North America Nitrile Butadiene Rubber (NBR) powder market is anticipated to exceed 17.2 kilotons by 2025
Consumption of NBR powder is anticipated to increase during the forecast period, as the product provides superior performance attribute, such as resistance to oils, acids, heat, and abrasion
RoW comprises Central and South America and Middle East and Africa regions. Growth of plastics and automotive markets in these regions is likely to drive the NBR powder demand during the forecast period
Some of the key companies present in the industry are Zeon Chemicals, L.P.; Omnova Solutions, Inc.; Sibur Holding; Taprath Elastomers LLP; Shijiazhuang Wuyuan Commercial and Trade Co. Ltd.; Huangshan Hualan Technology Co. Ltd.; Nitriflex S.A. Indústria e Comércio; and LG Chem. Ltd.

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Monday 25 March 2019

Biopharmaceutical Excipients Market Enhance Growth of $2.7 Billion By 2025

San Francisco, 26 Mar 2019: The global biopharmaceutical excipients market size is expected to reach USD 2.7 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.08% over the forecast period. Rapid expansion of the biopharmaceutical industry due to increasing manufacturing capacities is one of the key driving force of this market. Rise in the number of protein therapeutics coupled with the presence of a substantial number of excipients to protect these proteins from degradation is also driving the market growth.

Investigational studies that are implemented for the impact analysis of excipient variability on in vitro dissolution testing are expected to reduce the attrition rate of final products and increase the reproducibility. These studies help scientists in gaining insights on the in vivo functioning and pharmacodynamic analysis of large molecules. The market exhibits continuous need of innovative excipient technologies to prolong the in vivo effectiveness of biologics and for improvement in the product delivery. Moreover, extensive R&D for the development of raw materials that help improve yields in mammalian cell-culture processes is expected to drive the market in future.

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Further key findings from the study suggest:

Easy availability and wide usage of dextrose, sucrose, and starch in biopharmaceutical formulations has resulted in the largest revenue share of carbohydrates
Polyols is expected to be the fastest-growing product segment in the global biopharmaceutical excipients market
This can be attributed to increasing concerns regarding protein degradation, which can be reduced by using polyols
North America led the global market in 2017 accounting for the largest revenue share as a result of the presence of key biopharmaceutical manufacturers in U.S.
Emerging markets, such as India and China, are projected to be driven by the contract manufacturers operating in these regions
Some major biopharmaceutical excipient suppliers are Merck KGaA; Roquette; Clariant; DFE Pharma; SPI Pharma, Inc.; and JRS Pharma LP
Most of these companies are engaged in establishing partnerships with biopharmaceutical manufacturers to understand their needs and develop raw materials specific to the process and end-product

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Genomics Market Scale To Reach 27.6 Billion By 2025

San Francisco, 25 Mar 2019: The global genomics market size is expected to reach USD 27.6 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 9.1% over the forecast period. The past decades have witnessed significant changes in disease management processes due to simultaneous advancements in genomics and personalized medicine. There has been a gradual growth in the usage of genomic studies in clinical practices, which is reflected by the rising trend of targeted therapies.

Results from genomic studies enable a better understanding of diseases and the underlying mechanisms for researchers, physicians, and patients. This facilitates evidence-based decision-making, and hence, helps improve personalized treatment regime. In addition, technological advancements in data analysis tools have motivated healthcare community to create precision-based therapies from surplus, available DNA data.

One of the most important factors, which are likely to have a significant impact on the market, is that how much and to what extent the medical community will make the use of available genomic information in personalized medicine. Furthermore, plummeting cost of sequencing has enabled the whole genome sequencing at very less price. Scientists are combining the sequencing generated data with diagnostics, which has proven its effectiveness in enhancing personalized treatment landscape.

The companies are involved in strategic alliances with global, as well as local, entities to boost their revenue generation and enhance their share in the market. For instance, in March 2017, Foundation Medicine collaborated with Bristol-Myers Squibb Company. This enabled Bristol-Myers Squibb to deploy Foundation Medicine’s molecular information solutions and comprehensive genomic profiling for identification of predictive biomarkers, such as Microsatellite Instability (MSI) and Tumor Mutational Burden (TMB), to accelerate its immunotherapy clinical trials.

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Further key findings from the study suggest:

Growing interest of pharma and biotech companies in genomics is expected to drive the genomics market in coming years
NGS-based services held a major share of the market due to its rapid adoption in whole genome sequencing and application of sequence databases for disease screening and prognosis
The demand for these services would remain strong due to growing customer base from academic and research centers to CROs and biotech and pharma companies
Use of predictive biomarkers for diagnosis and monitoring takes cancer eradication a step further
Moreover, various organizations and programs are actively participating in the development of novel biomarkers for cancer diagnosis
With the rising health consciousness Direct-To-Consumer (DTC) laboratory testing is increasingly being employed. Such genetic tests enable consumers to access information about their genetics without having to visit healthcare professionals
Asia Pacific is the potential regional market for genomics. It is anticipated to expand at the highest CAGR of 11.2%
Major companies in the market include Beijing Genomics Institute (BGI); Agilent Technologies; Thermo Fisher Scientific, Inc.; Bio-Rad Laboratories, Inc.; Foundation Medicine, Inc.; 23andMe, Inc.; Danaher, Illumina, Inc.; Pacific Biosciences; Oxford Nanopore Technologies; F. Hoffmann-La Roche Ltd.; and Myriad Genetics, Inc.

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Sunday 24 March 2019

Latest Trending Research Study on Metabolic Disorder Therapeutics Market Analysis 2014-2025

San Francisco, 25 Mar 2019: The global metabolic disorder therapeutics market size is expected to reach USD 88.93 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a CAGR of 7.56% during the estimated period. Rising incidences of diabetes, obesity, and hypercholesterolemia are expected to drive the market growth. It is estimated that by 2040, about 1 person in 11 people worldwide is likely to suffer from one of the aforementioned diseases.

Researchers estimate that the prevalence of metabolic diseases like obesity and diabetes is expected to double in the coming 2 decades, mainly in U.S. and Asian and Latin American countries. This, in turn, will help boost the overall market growth in the year to come. Furthermore, with better economic stability in developing countries, demand for novel therapeutics for one-time treatment has increased. This has made major companies in the global market to invest heavily in R&D to develop innovative therapy options. All these factors will contribute to the development of the market.

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Further key findings from the study suggest:

Diabetes segment led the market in 2017, in terms of revenue generation, owing to higher prevalence and drug usage
Obesity segment is expected to register a CAGR of 9.27% over the forecast period owing to increasing prevalence as a result of sedentary lifestyle changes
Drug therapy was the most-preferred therapy due to its high reliability proven success and availability of various types of drugs to treat metabolic diseases
The segment is expected to maintain its dominance even during the forecast years due to the introduction of smart technology to deliver antidiabetic drug on a regulated basis
Key companies in this market are Novo Nordisk A/S;Sanofi S.A.; BoehringerIngelheim GmbH; Eli Lilly and Company; Merck KgaA; Amgen, Inc.; AstraZeneca PLC; Actelion Pharmaceuticals Ltd.; Shire PLC; AbbVie, Inc.;Biocon Ltd.;BioMarinPharmaceutical, Inc.; Bristol-Myers Squibb Company; Cipla, Inc.; and CymaBay Therapeutics, Inc.
Most of these companies are focusing on strategies, such as collaborations, expansion of product portfolios, and M&A to maintain their industry position
Oral route of administration was the key revenue-generating segment in 2017owing to its benefits, such as high reliability and ease of administration
North America was the largest regional market in 2017 and will maintain the trend in future due to the presence of key companies and rising cases of diabetes and obesity

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Analysts Predict Lightning Growth for Global Agricultural Fumigants Market

San Francisco, 25 Mar 2019: The global agricultural fumigants market size is projected 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 5.0% over the forecast period. Increasing demand of chloropicrin, 1,3-dichloropropene, phosphine, and metam sodium globally are the key driving forces for the market.

It is recommended to have professional applicators due to the hazardous characteristics of majority of the fumigants, especially dimethyl sulfide and chloropicrin. In economies that are majorly dependent on agricultural services and practices, the applicators are more often than not, government-appointed, or manufacturer deputed depending upon the nature of availability.

The importance of these products in reducing post-harvest losses is anticipated to be a key driver for the agricultural fumigants market. According to a report submitted by the World Health Organization (WHO), it has been observed that over one-third of food is wasted or lost due to improper storage. Reducing these losses may lower the pressure on agriculture industry to meet the dietary requirements of a growing population. Moreover, it shall also reduce the exploitation of other sustainable natural resources.

Fumigants that belong to the family of insecticides have been approved for the storage of food grains by the World Health Organization. The organization also carries out annual reviews to assess the toxicity of the existing products as well as the new products introduced in the market. The post-harvest phase, including storage and transportation, involves the use of fumigants for reducing storage losses.

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Further key findings from the report suggest:

Although applications, such as warehousing and transportation hold a dominant market share, soil-based applications are projected to register a CAGR of 4.3% over the forecast period
Liquid form of the product was the most widely used with around 35,000 tons used in 2017
Majority of essential fumigants are organometallic derivatives obtained from chemicals, such as methylamine, carbon disulfide, methanethiol, and caustic soda
Manufacturers such as BASF, Arkema, and AkzoNobel have integrated their operations by combining the manufacturing their chlor-alkali products along with formulating fumigants
Some of the key participants in agricultural fumigants market are Arkema, Syngenta AG, Dow AgroSciences, and UPL among others. Regulations play vital role in shaping dynamics of companies, wherein new policies directly influence a company’s R&D purpose and introduction of new product classes.

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Friday 22 March 2019

Global Threat Intelligence Market Is Thriving Worldwide 2014 – 2025

San Francisco, 22 Mar 2019: The global threat intelligence market is anticipated to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.

Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breach through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking to incorporate advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solution.

Organizations are preferring the use of cloud security as the cost incurred in the implementation of the on-premise solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops the unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

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Further key findings from the report suggest:

The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025
The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.
The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.
BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.
Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.
The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.
Key players include IBM Corporation, Dell Inc., Symantec Corporation, Check Point Software Technologies Ltd., accounting for a majority share of the overall market in 2016.

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