Market Forecast News

Wednesday, 1 November 2017

Virtual Reality Market Analysis of Opportunities Offered By High Growth Economies

The global virtual reality (VR) market is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025.

Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporation, are venturing into space. The introduction of commercial VR headsets is expected to accelerate market growth over the next two years.

The market can be categorized based on components into hardware and software verticals. The hardware segment dominated the virtual reality market in terms of the overall market share in 2016. The rising demand for smartphone devices is anticipated to complement the growing VR hardware device sales. The increasing penetration of devices, such as smartphones and tablets, is expected to drive the software segment over the forecast period. The increasing demand for VR applications in the gaming and entertainment segments is expected contribute to the market growth.

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

Further key findings from the report suggest:

The semi and fully immersive segment dominated the VR market in 2016 in terms of the overall market share. Immersive VR devices aid users to achieve maximum isolation from the real world dimension into the virtual world.
The GTD VR hardware includes sensors, processors, and displays. Furthermore, several companies are working on enhancing the quality of sensors and processors used in VR devices.
In the entertainment and healthcare segments, VR applications can save time and reduce operational costs.
The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016.
The key industry participants include CyberGlove Systems LLC, Barco, Alphabet Inc., HTC Corporation, Oculus VR LLC, and Leap Motion, Inc.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-virtual-reality-vr-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

Purging Compound Market: Demand for Plastic Processing Machinery Industry

The global purging compound market is expected to reach USD 707.9 million by 2025, according to a new report by Grand View Research, Inc. The growing plastic processing machinery industry in Asia Pacific is anticipated to be a major driving force triggering market growth.

Injection molding segment has been observing noteworthy growth in the purging compound industry. The growing demand for the mass production of various injection molded parts from end-use industries such as automotive is likely to have a positive impact on the demand for purging products in the industry.

Fluctuating raw material prices are predicted to be the major restraints during the forecast period due to volatility associated with world oil price and production. In addition, the high prices of purging compound are expected to restrain the market growth.

Companies have been adopting various strategies including expansions, acquisitions, mergers, agreements, and joint ventures. For instance, in September 2017, the Dow Chemical and DuPont merged to form Dow DuPont in order to enhance their product offerings and solutions.

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

Further key findings from the report suggest:

Injection molding segment is projected to register the fastest CAGR of 6.8%, in terms of revenue, from 2017 to 2025 on account of high demand for the product from the plastic processing machinery market
Extrusion segment appeared as the major process in 2016 in the U.S. market and is expected to denote a CAGR of 4.9% over the forecast period, in terms of revenue, on account of the growing automotive, construction, and packaging industries
Mechanical segment accounted for the major market share of 50.0% in 2016 and is predicted to witness significant growth from 2017 to 2025. The compounds are highly effective in the removal of pollutants and safe to use.
Central & South America accounted for a market share of 11.1% in 2016 in terms of revenue. The region is anticipated to witness considerable growth from 2017 to 2025 due to the growing demand from the construction and automotive industries in Brazil and Argentina.
The Asia Pacific purging compound market is likely to expand at the fastest CAGR, in terms of revenue, over the forecast period owing to the growing demand for the product from economies including China, Japan, and India
Competitors have been implementing various approaches to strengthen their position in the market. Expansions and acquisitions are the key strategies adopted by market players over the past years. For instance, Formosa Plastics Corporation constructed a new polypropylene manufacturing line in the U.S. to increase its production capacity.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-purging-compound-market

About Grand View Research

For More Information: www.grandviewresearch.com

Corrosion Resistant Alloys Market is Growing at CAGR of 6.9% By 2025

The global corrosion resistant alloys market is expected to be valued at USD 9.64 billion by 2025, according to a new report by Grand View Research, Inc. Continuous technological advancements in the corrosion resistant alloys to accommodate the needs of various end-use markets have been key factors fueling the global market growth. The growing aerospace and automotive industries across the world are also anticipated to propel product demand over the forecast period.

Corrosion resistant alloy is a combination of various metal materials, which provide long-term corrosion resistance to components that are exposed to harsh environmental conditions. Chromium, cobalt, nickel, iron, titanium, and molybdenum are combined in varying proportions depending on the end-user industry. These metals can promote higher temperature and corrosion resistance in comparison to others such as carbon steel. They offer reliable protection to components in various industries including health, energy, pharmaceuticals, gas, oil, and chemical processing.

Utility metals are prone to corrosion. Corrosion resistant alloys are extensively used in various industries where the working conditions necessitate their use. The environmental settings and material compositions vary as per the configuration of major equipment in end-use industries in terms of temperature and corrosive condition.

Several factors contribute to corrosion in power generation plants that comprise water steam systems in their tubing. Components in coal-fired power plants, wind turbines, and nuclear & diesel generators are composed of strong and high-temperature-resistant materials. Nickel alloys are extensively used in power generation applications such as gas turbine components, scrubbers, heat exchangers, industrial furnaces & accessories, and land-based gas turbines.

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

Further key findings from the report suggest:

Europe corrosion resistant alloys market was valued at USD 1.38 billion in 2016 and is expected to ascend at a CAGR of 6.5% from 2017 to 2025. Nickel-based alloys was the largest segment in 2016 and is anticipated to progress at a CAGR of 7.1%.
The global demand for cobalt-based alloys was valued at USD 377.8 million in 2016 and is anticipated to witness moderate growth over the next 8 years. The aerospace & defense segment in Canada was worth USD 215.4 million in 2016 and is projected to denote a CAGR of 7.5% from 2017 to 2025.
The Asia Pacific market is projected to experience staggering growth over the next eight years owing to growing R&D activities, which in turn is expected to positively impact the aerospace and automotive segments. Canada market is projected to ascend at a CAGR of 6.8% between 2017 and 2025.
Key players that dominate the global market include Corrosion Resistant Alloys, L.P.; Haynes International, Inc.; Nippon Steel & Sumitomo Metal Corp (NSSMC); Mitsubishi Materials Trading Corporation; Special Metals Corporation; and Hitachi Metals MMC Superalloy, Ltd.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-corrosion-resistant-alloys-market

About Grand View Research

For More Information: www.grandviewresearch.com

4D Printing Technology Offers Advantages Of Reduced Resource Consumption And Energy Wastage

The global 4D printing market is expected to reach USD 313.1 million by 2025, according to a new report by Grand View Research, Inc. 4D printing is an advanced process for printing customizable smart materials where an object is 3D printed using a programmable material. It enables the material objects to adjust their appearance or shape over time by using internal or external stimuli, such as change in temperature or water immersion subjected to pressure, electric current, UV light, or other form energies. 4D printing, with its form changing tools, is estimated to revolutionize every industry on a global scale as the technology offers advantages of reduced resource consumption and energy wastage.

Researchers are increasingly emphasizing on 4D printing materials, primarily focusing at the microscopic level. Technologies incorporating shape memory alloys are developed wherein a temperature change results in the change of an object’s shape. Additionally, newer technologies are also utilizing electroactive polymers, pressurized fluids, smart materials, and chemicals.

Technology needs are ever increasing in today’s rapidly changing environment. The market is anticipated to witness a robust growth over the forecast period, which is ascribed to the increased demand for technological innovation in the fields of military & defense, automotive, aerospace, and healthcare, resulting in the rising adoption of 4D printing. Additionally, the latent scope for innovations and product development is likely to supplement the market demand over the coming years.

The increasing demand for reduction in the cost of manufacturing and processing is another major factor anticipated to accelerate the 4D printing market growth by 2025. Moreover, there is a growing demand for efficient material and resource management. The self-transforming property of the technology would lead to the use of limited materials for several purposes, which in turn would lead to reduced wastage of natural resources, thereby maintaining a sustainable environment. Thus, the increasing focus on ensuring a sustainable environment is likely to accelerate the demand in the near future.

The high development cost, growing insecurity of policy makers as the technology is yet to be commercialized, and rising issues related to intellectual property rights and potential safety hazards are some of the factors estimated to restrain the development of the 4D printing market. However, the increasing opportunities for key players are expected to overpower the aforementioned restraints, thereby driving the growth over the next few years.

To request a sample copy or view summary of this report:
http://www.grandviewresearch.com/industry-analysis/4d-printing-market

Further key findings from the report suggest:

The global 4D printing market is estimated to reach USD 64.5 million by 2019 and grow at a CAGR exceeding 33.2% from 2020 to 2025, which is primarily attributed to its rising demand in the military & defense, aerospace, automotive, and healthcare industries.
Programmable carbon fiber is anticipated to emerge as the largest product segment over the forecast period as it is extremely light and strong, like traditional carbon fiber; requires no complex electronics, actuators, or sensors; minimizes failure-prone mechanisms; and decreases the total weight of the product.
The military & defense sector is expected to be the largest contributor to the overall 4D printing market, accounting for more than 25% of the share in 2019, which is followed by the aerospace segment.
North America is anticipated to emerge as a dominant region for 4D printing market by 2025 owing to high investments in R&D in the region, which is boosting the 4D printing technology.
Key players such as Stratasys Ltd., Autodesk Inc., and Hewlett-Packard Inc. are estimated to dominate the market over the forecast period with their emphasis on expanding the market presence through a series of new product launches, announcements, and partnerships.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-4d-printing-market

About Grand View Research

For More Information: www.grandviewresearch.com

Demanding Needs of Antibodies, Proteins, Vaccines are Expected to Grow Cell Isolation Market

The global cell isolation/cell separation market is expected to reach a value of USD 16.4 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for biopharmaceuticals including antibodies, proteins, vaccines, and drugs is the most important factor that drives the market growth during the forecast period. Biopharmaceuticals development involves the application of various life science products such as centrifuges, cell separator systems, flow cytometers, filtration systems, and consumables. Thus, the demand for advanced cell isolation products by biotechnology and biopharmaceutical companies is increasing, which is expected to boost the market growth.

Rising funding by biotechnology companies and government for cell-based research is another major factor driving the growth of the cell isolation/cell separation market. For instance, National Institutes of Health invested around USD 1,429 million for stem cells research in 2015. Stem cell therapy is the most promising technique to treat severe medical conditions such as cancer, cardiovascular disease, brain disease, and blood disease. Thus, the biotechnology companies are adopting advanced cell separation products for the research and development of stem cells.

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

Further key findings from the study suggest:

Consumables product segment was the largest revenue-generating segment of the market in the year 2016.
Consumables is expected to uphold its dominance during the forecast period owing to repetitive purchase of these products for research and diagnostics application
The human cells segment was the largest revenue grossing segment of the sector in 2016, and is expected to grow at fastest rate due to growing demand of isolated human cell in therapeutics, research, and biopharmaceuticals production
In 2016, the centrifugation technique segment accounted for the largest share in the overall market, owing to its wide application for manufacturing of biopharmaceutical drugs, vaccines, proteins, and antibodies
In 2016, North America dominated the overall market with the largest revenue share due to the existence of major biopharmaceutical companies and research laboratories in this region
Asia Pacific is projected to witness the highest CAGR over the forecast period, owing to the mounting investments in cell-based research and rapidly booming biotechnology industry in this region
Some of the key players include Thermo Fisher Scientific, Inc.; BD Biosciences; GE Healthcare; Beckman Coulter, Inc.; Merck KGaA; Terumo BCT; STEMCELL Technologies Inc.; and Bio-Rad Laboratories, Inc.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-cell-isolation-cell-separation-market

About Grand View Research

For more Information: www.grandviewresearch.com