Latest Trending Research Study on ERP Software Market Analysis By 2022 | Microsoft Corporation and NetSuite Inc.

San Francisco, 2 May 2019: Global ERP software market is anticipated to witness tremendous gains over the next seven years on account of its increasing application in defense & aerospace, retail, and government utility sectors. The software enables organizations to function with transparency, increases productivity, and enables decision making. The industry is expected to be worth USD 48.22 billion in 2022.

ERP software as a finance function facilitates management of different financial activities including cash flow management, asset management, accounting, and investment. Finance was the largest segment of the market contributing to over 22.0% of the share in 2014 and is estimated to grow at a CAGR exceeding 7.0% from 2015 to 2022.

Human resource is likely to be the fastest growing functional segment owing to rapid organizational development and expansion. Automated HR processes are also expected to drive growth.

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On-premise ERP software deployment model accounted for over 60.0% of the total revenue in 2014, owing to the various benefits offered including high data security and continuous control in the organizations, thereby reducing the dependency on third party vendors. The market was valued at USD 17.01 billion in 2014. Cloud deployment was the second largest segment in 2014 owing to the introduction of mobile devices coupled with lower infrastructure requirements.

Manufacturing & services were valued at USD 5.11 billion in 2014, capturing over 15.0% of the revenue share in 2014. This segment utilizes ERP software for a broad range of business activities including customer services, inventory management, production scheduling, day-to-day performance management, daily operations monitoring and inter-departmental collaboration. Government utilities are expected to capture a significant share due to rising adoption of IT infrastructure.

Medium-enterprises were the largest end-users, accounting for over 40.0% of the global share in 2014, owing to the factors including minimized production costs, increased operational efficiency, and timely product delivery. Stringent government regulations and compliances in organizations have augmented market demand thereby, achieving high productivity and reduced complexity.

North America contributed to over 40.0% of the revenues in the global industry and was valued at USD 11.33 billion in 2014. Increasing technological advancements and rising adoption of ERP software in the finance function by the enterprises in the region to achieve transparency in financial transactions is expected to augment the market demand.

Europe and Asia Pacific are projected to register a speedy growth in the ERP software market owing to the mounting number of enterprises and booming manufacturing industry. Government initiatives, particularly in the emerging economies of Asia Pacific for implementing IT infrastructure are expected to augment the market demand over the forecast period. Key players present in the industry include IBM Corporation, Oracle Corporation, SAP SE, Sage Group Plc, Syspro, Unit4, Microsoft Corporation and NetSuite Inc.

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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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Human Growth Hormone Market Trends: Hormone Deficiency Diseases & Technological Advancement | Novo Nordisk, Sandoz International GmbH

San Francisco, 2 May 2019: The global human growth hormone (hGH) market is expected to reach USD 7.1 billion by 2025, according to a new report by Grand View Research, Inc. Rising cases of pituitary dysfunction and increasing use of human growth hormone are likely to drive the market in coming years.

Turner syndrome, growth hormone deficiency, Prader-Willi syndrome, idiopathic short stature, and small for gestational age (SGA) are major disorders in which growth hormone (GH) are used. Additionally, growth hormone also received an approval for other indications such as Creutzfeldt-Jakob disease, chronic kidney disease, SHOX gene haploinsufficiency, and Noonan syndrome.

Although FDA has not approved the use of hGH as anti-aging therapy, many practitioners offer injections of growth hormones at higher prices. The hGH therapy is aggressively promoted for advanced age symptoms.

hGH is anabolic as it accelerates protein synthesis and breaks down fat. Hence, athletes involved in strength demanding activities and sports are likely to use growth hormones for its anabolic effects. It is a fairly common practice among athletes and body-builders to use combination of anabolic steroids and GH for the benefits.

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Further Key Findings From the Report Suggest:

• Increasing demand for hGH due to rising growth hormone deficiency diseases and technological advancement such as recombinant DNA technology are expected to propel the market growth.
• The growth hormone deficiency segment accounted for the highest share of the market in 2016 and is estimated to observe the fastest growth of the market. This can be attributed to increasing incidence of pituitary dysfunctioning and investment by major players for the research and development of human growth hormone drugs.
• Turner syndrome also accounted for the significant share in the GH market. Large number of patients and effectivity of growth hormone to treat Turner’s syndrome are the key reasons for the significant share in the market.
• Geographically, North America was the largest market for GH in 2016 and is anticipated to maintain its dominance during the forecast period due to the local presence of market players, the presence of strong pipeline, and affordability of hormonal therapy.
• Asia Pacific is estimated to witness the fastest growth during the forecast period owing to increasing healthcare expenditure, investment by market players, and large patient pool. Furthermore, increasing awareness about the therapy for short stature is likely to boost the demand for GH.  
• Some of the key players are Pfizer, Inc.; Merck & Co., Inc.; Eli Lilly and Company, Genentech, Inc., Novo Nordisk, Sandoz International GmbH, Ferring Holding SA, and Ipsen.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-human-growth-hormone-hgh-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

Hybrid Power Solutions Market Predicted To Reach $1.35 Billion By 2025 | Alpha Power Solutions, ZTE Corporation.

San Francisco, 2 May 2019: 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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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.

Access press release of this research report by Grand View Research:  https://www.grandviewresearch.com/press-release/global-hybrid-power-solutions-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

Packaging Adhesives Market Is Likely To Reach $10.11 Billion By 2025 | Henkel AG & Co. KGaA

San Francisco, 2 May 2019: The global packaging adhesives market is expected to reach USD 10.11 billion by 2025, according to a new report by Grand View Research, Inc. The growing usage of packaging adhesives in flexible packaging, paper & board packaging, and rigid packaging is anticipated to strengthen the market growth.

Increasing demand for packaged food products and organized retailing has resulted in heightened demand for folding cartons. In an attempt to lure more consumers, food vendors are offering products with longer shelf life, which come in an attractive packaging. Folding carton packaging is witnessing maximum demand from the food and beverage industry.

The rising demand for labeling is expected to spur the market growth of application segment over the forecast period. Labeling adhesives application ensure reliable bonding properties on various surfaces for different machines. This is expected to boost the market growth over the forecast period.

Asia Pacific is anticipated to be a key consumer of packaging adhesives over the forecast period owing to numerous technological innovations such as the hot-melt technology, which is designed to enhance the productivity of packaging adhesives. The key industry participants are also involved in the development of innovative adhesive products through R&D and technical expertise, which in turn is expected to drive the industrial adhesive solutions.

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Further key findings from the report suggest:

• The global packaging adhesives market was valued at USD 6.28 billion in 2016 and expected to progress at a CAGR of 4.5% from 2017 to 2025
• Water-based technology dominated the market in 2016 followed by solvent-based 
• Flexible packaging was the largest application segment in 2016 and the trend is expected to continue over the forecast period. The segment is expected to register 5.0% CAGR over the coming years.
• Asia Pacific is anticipated to be the fastest-growing segment at a predicted CAGR of 6.0% from 2017 to 2025
• Increasing demand from the food and beverages industries is projected to drive the Asia Pacific regional market
• In February 2017, DAP introduced a new innovative line of packaging adhesives products. This new product line includes solvent, high-performance latex, and new cutting-edge hybrid systems
• Some of the major players in the industry include H.B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Bostik SA (An Arkema Company), Henkel AG & Co. KGaA, Royal Adhesives & Sealants, Jowat SE, Dymax Corporation, and Avery Dennison Corporation

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

DNA & Gene Chip Market Estimated To Reach $10.7 Billion By 2025 | Arrayit Corporation; Macrogen Inc.

San Francisco, 2 May 2019: The global DNA & gene chip market size is expected to reach USD 10.7 billion by 2025, according to a new report by Grand View Research, Inc., at an 11.4% CAGR during the forecast period. DNA and gene chips have gained much success in providing high throughput capabilities for comprehensive genome studies to enhance disease knowledge and target them. This technology has emerged as a valuable and promising solution across various aspects of disease management. These factors have been driving the market.

Conventional means of gene analysis allow investigation of relatively small amounts of genes at a time, which further emphasizes on the uptake of DNA microarray technology. DNA microarray technology allows concurrent analysis of very large numbers of nucleic acid fragments in a single experiment.

Continuous development of new tools to support and enhance reliability of DNA microarray technology is likely to drive this market at a significant pace in the foreseeable future. Furthermore, healthcare entities are engaged in exploiting novel solutions for enhancing and combining data generated from gene chip with data generated from high throughput technologies. Mutually beneficial partnerships between microarray developers and pharmaceutical/biopharmaceutical companies for acceleration of genomic and biomedical research activities is anticipated to spur market growth in the coming years.

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https://www.grandviewresearch.com/industry-analysis/dna-gene-chip-market

Further key findings from the report suggest:

• Based on product, consumables dominated the market with the largest share. This is due to presence of large number of entities engaged in providing reagents and kits associated with the use of DNA chips
• The cancer treatment and diagnosis segment accounts for a significant share in the market owing to rising inclination toward development of companion diagnostics and growing usage of DNA microarrays in cancer diagnosis and treatment
• Implementation of gene chip for drug discovery is also expected to increase in the coming years owing to growing demand for personalized medicine
• By end use, academic/government research institutes accounted for the largest share in 2017. Ongoing research projects on gene expression analysis in these institutes have attributed for the estimated share
• In terms of region, North America dominated the market with by revenue. High penetration of major revenue generating companies in U.S. has contributed to its leading share
• Asia Pacific is projected to witness the fastest year-on-year growth owing to rising healthcare spending in developing economies and increase in R&D investment
• Some of the prominent market participants are Agilent Technologies; Thermo Fisher Scientific, Incorporated (Affymetrix, Inc.); Illumina, Inc.; Macrogen Inc.; and Arrayit Corporation. These players are engaged in mutual partnerships with research communities and other diagnostic firms for use of gene chips for targeting disease prognosis.

Access press release of this research report by Grand View Research:  https://www.grandviewresearch.com/press-release/global-dna-gene-chip-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