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Global Market Research Analysis
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Service Robotics Market Will Grow at a Steady Rate of 23.7% CAGR from 2014 to 2020: Grand View Research, Inc.
The global service robotics market is projected to reach USD 15.69 billion by 2020, at an expected CAGR of 23.7% from 2014 to 2020. The demand for the global service robotics is anticipated to surpass 18 million units by 2020. The major factor driving the industry is the rising occurrences of supported living and the demand to fight against increasing costs of labor in the developed countries.
The foremost advantage offered by service robotics includes assistance in carrying out those tasks which would otherwise have been tough and risky. Moreover, the ordinary routine tasks can be effortlessly dealt with having a high degree of accuracy with the help of these devices.
The global industry has witnessed a massive growth in the number of companies trying to enter the industry and gain share by evolving and refining their automation techniques. The components involved in the manufacturing these machines include microcontrollers, actuators, manipulators, sensors, and power supply.
Browse full research report on Service Robotics Market: www.grandviewresearch.com/industry-analysis/service-robotics-industry
In 2013, personal robots had the highest share of the market regarding volume. However, the highest revenue generating segment included professional robots. These professional service robots accounted for over 70% of the global market in that year. Professional service robots are further segmented into field, medical, defense, and logistic robots. Out of these, in 2013, the defense professional service robots led the global industry concerning revenue generation and accounted for over 40% of the total revenue. This was due to their utilization of unmanned aerial vehicles.
North America emerged as the largest market in 2013, accounting for more than 35% of the overall volume share. The U.S. was the primary revenue generator of North America. This high growth in the region can be attributed to the quick rise in the development of production capacities as well as industrialization. Furthermore, the rapidly growing automotive industry in North America is also projected to drive the demand for the overall industry.
The global service robotics industry is highly branded as there is intense competition between the specialized service robot manufacturers and the industrial robot manufacturers. The major corporations operating in the market include Samsung Electronics, Toyota Motor Corporation, Hanool Robotics Corp, Honda Motors Co. Ltd. Other participants include GeckoSystems, Yujin Robot, iRobot Corporation, AB Electrolux, Fujitsu Frontech Limited, LG Electronics Inc., and Sony Corp. Over the next six years, companies including Amazon, Google, and Apple are also expected to enter into the global service robotics market.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the global service robotics market on the basis of application and region:
Service Robotics Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012–2020)
Professional Robots
Defense
Field
Medical
Logistics
Mobile Platforms
Underwater Systems
Construction & Demolition
Others
Personal Robots
Entertainment
Household
Service Robotics Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012–2020)
North America
Europe
Asia Pacific
RoW
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-service-robotics-industry
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
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Industrial Robotics Market Is Expected To Grow At A 7.0%from 2014 to 2020: Grand View Research, Inc.
The global industrial robotics market size is anticipated to reach USD 41.23 billion by 2020, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.0% during the forecast period. Rapid expansion of the automotive industry worldwide and growing adoption of robotics in the non-automotive industry including food & beverage, chemicals, rubber & plastics, and electronics/electrical are stoking the growth of the market.
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Companies implementing industrial robots are increasingly realizing substantial financial benefits, which is leading to a surge in installation of robots in contemporary manufacturing plants. Integration of robots with production processes help boost productivity, minimizes overheads, offers a high degree of flexibility, increases quality, and reduces waste to a large extent as compared to outcome of manual labor, which consequently propels the market.
Industrial robots have been responsible for the formation of a new ecosystem characterized by lucrative, rewarding, and high-paying jobs. Venture capitalists have opened up to funding companies designing and manufacturing industrial robots. Advancements in artificial intelligence and development of sophisticated sensors are projected to augment the development of self-programming robots.
Browse full research report on Industrial Robotics Market: www.grandviewresearch.com/industry-analysis/industrial-robotics-market
Further key findings from the study suggest:
By 2020, the automotive segment is expected to account for the largest revenue share of approximately 40.0%, which can be attributed to the fact that robots play a vital role in the assembly of vehicles
The metal/heavy machinery segment was valued at nearly USD 3.0 billion in 2016. Robots are extensively used in the sector on account of high degree of precision demanded coupled with difficult nature of tasks involved
With a revenue of close to USD 16 million in 2016, the Asia Pacific region dominated the industry. Japan and South Korea are expected to continue being dominant country markets in the region
Robot industries in Asian countries such as China, Korea, and Taiwan are supported by their respective governments through programs addressing R&D funding, tax incentives, loans, and investment in skills
Some of the key players in the market are ABB; Omron Adept Technologies, Inc.; Mitsubishi Electric Corporation; YRG, Inc.; Toshiba Machine Co., Ltd.; and Panasonic Corporation.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the industrial robotics market report into application and region.
Industrial Robotics Application Outlook (Revenue, USD Million, 2014–2020)
Automotive
Electrical/Electronics
Metal/Heavy Machinery
Chemical, Rubber, & Plastics
Food
Others
Industrial Robotics Regional Outlook (Revenue, USD Million, 2014–2020)
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
Spain
U.K.
France
Asia Pacific
China
Japan
Korea
Taiwan
Rest of World
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-industrial-robotics-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
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Head Mounted Display Market Is Projected To Reach $11,793.3 Million By 2020: Grand View Research, Inc.
The global head mounted display market is expected to reach USD 11,793.3 million by 2020, according to a new study by Grand View Research, Inc. Reducing silicon wafer costs have directly impacted microdisplay prices, which form a sizable percentage of the resultant HMD cost. As a result, declining microdisplay prices coupled with growing demand for wearable, lightweight devices are expected to be key driving forces for the HMD market. Defense services are a key contributor to global demand, wherein head mounted displays aid in security, imaging and tracking.
North America head mounted display market by end-use (USD Million), 2012 - 2020
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Head mounted displays offer high degree of mobility and computing power, which has led to increasing market penetration in the consumer sector. Growing demand from automotive prototyping is expected to be a key opportunity for industry participants. Lack of standardization resulting in design issues may restrain market growth over the next six years. This can be mitigated with the help of establishment of necessary guidelines for HMD production.
Browse full research report on Head Mounted Display Market: www.grandviewresearch.com/industry-analysis/head-mounted-display-hmd-market
Further key findings from the study suggest:
Helmet mounted displays accounted for over 60% of the head mounted display market in 2013; these products are expected lose market share due to growing popularity of wearable glass. They are expected to continue enjoying widespread use in defense applications over the next six years.
Defense accounted for over 70% of the head mounted display market in 2013, and is expected to remain the dominant end-use segment over the forecast period. HMDs prove highly efficient during training regimes and in locations with poor visibility. Increasing popularity of augmented and virtual reality is expected to drive the consumer segment over the next six years.
Training and simulation is expected to continue accounting for majority of the overall market through 2020. This is a result of the growing use of HMDs in medical as well as military training modules.
North America accounted for over 35% of the global HMD market in 2013; Asia Pacific is expected to exhibit high growth over the forecast period. Establishment of manufacturing facilities along with technology advancement due to the presence of Japan, South Korea and China is expected to fuel regional market growth.
Key companies operating in the market include eMagin Corporation, BAE Systems, Vuzix, Rockwell Collins and Seiko Epson. Major manufacturers have started developing products targeted at entertainment purposes; additionally, geographical expansion is expected to be a key growth strategy.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/display-technologies
Grand View Research has segmented the global HMD market on the basis of product, end-use, application and region:
HMD Product Outlook (Revenue, USD Million, 2012–2020)
Helmet Mounted Display
Wearable Glass
HMD End-Use Outlook (Revenue, USD Million, 2012–2020)
Defense
Consumer
Augmented Reality
Virtual Reality
Video Gaming
Others
HMD Application Outlook (Revenue, USD Million, 2012–2020)
Imaging
Security
Tracking
Training & Simulation
HMD Regional Outlook (Revenue, USD Million, 2012–2020)
North America
Europe
Asia Pacific
RoW
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-head-mounted-display-hmd-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
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U.S. Pigment Dispersion Market Hits $7.08 Billion By 2025: Grand View Research, Inc.
The U.S. pigment dispersion market size is expected to reach USD 7.08 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.6% during the forecast period. Pigment dispersions are insoluble coloring agents used to impart color to various materials and can be classified into organic and inorganic types. Various pigment dispersions are available in the market and their choice depends on specific applications desirable in end-use industries.
Pigment dispersions contain at least one chemical compound, which absorbs and reflects light in order to impart color to various substrates used. Inorganic pigments constitute titanium dioxide, iron oxide, chrome green, ultramarine blue, carbon black, and others. Inorganic pigments are the widely preferred in various end-use industries as they are abundantly available and inexpensive. However, some inorganic pigments such as lead chromate are considered hazardous upon consumption.
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Among inorganic pigments, titanium dioxide is widely used for imparting white color to food packaging materials such as plastic, paper, and paperboard. Though titanium dioxide and iron oxide are synthetically produced, they are considered non-toxic in many food substance contact applications.
Demand for pigment dispersions is growing on account of increasing food processing industries for aesthetic packaging material as well as rising use of plastic, paper, and paperboard materials in food packaging.
To tap into the existing growth potential, various manufacturers such as BASF Corporation, The Chemours Company, and Tronox Limited have strengthened their presence in the market. Manufacturers such as Lanxess Corporation USA and BASF Corporation are offering a diverse range of pigments that impart yellow, red, and green color to plastic and paper packaging materials.
Browse full research report on U.S. Pigment Dispersion Market: www.grandviewresearch.com/industry-analysis/us-pigment-dispersion-market
Further key findings from the study suggest:
Titanium dioxide is the most commonly used white inorganic pigment in U.S. It is a white powder used in various applications such as plastics, paints and coatings, paper, printing inks, and automotive products, which require brightness and high opacity properties. In terms of revenue, titanium dioxide is expected to exhibit a CAGR of 4.4% from 2017 to 2025
Iron oxide is the second largest segment, accounting for a volume share of 31.69% in 2016. Demand for the same is expected to continue increasing over the forecast period
Inorganic pigments are employed in food packaging applications, specifically in plastic and paper and paperboard packaging. Inorganic pigments in the plastic industry accounted for a revenue share of 27.22% in 2016
Optical properties such as high opacity, tinting strength, and color imparting are of key importance to pigments used in the paper industry. Standard papers require low opacity and whiteness, whereas decorative papers require high opacity and weathering properties.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the U.S. pigment dispersion market on the basis of type and application:
U.S. Pigment Dispersion Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014–2025)
Inorganic Pigments
Calcium Carbonate
Titanium Dioxide
Iron Oxide
Carbon and Vegetable Black
Ultramarine Blue
Chrome Green
Organic Pigments
Others
U.S. Pigment Dispersion Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014–2025)
Plastic
Packaging
Plastic Food Packaging
Plastic Coatings for Paper & Paperboard Food Packaging
Other Packaging
Others
Paper & Paperboard
Paper & Paperboard Food Packaging
Inks
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/us-pigment-dispersion-market-analysis
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
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Epigenetics Market Analysis, Trends, Outlook, Estimation & Forecast, 2015-2022
The global epigenetics market is expected to reach USD 16.31 billion by 2022, according to a new report by Grand View Research, Inc. Growing worldwide prevalence of cancer and other diseases with epigenetic modification base is expected to drive market growth during the forecast period.
Diagnostic companies are coming up with new products such as antibodies specific for the detection of modifications and new upgraded kits for easy and efficient detection of biomarkers. This is expected to attract pharmaceutical companies to collaborate for the development of therapeutic drugs.
Presence of pipeline drugs and their expected commercialization is anticipated to boost penetration rates over the forecast period. For instance, Ramucirumab (Cyramza) by Eli Lilly and Company was approved by the FDA for use in combination with Folfiri for the treatment of patients with metastatic colorectal cancer.
Technology advancements in the field of epigenetics especially pertaining to the detection of methylation markers related to cancer development is expected to improve usage rates during the forecast period. For instance, Epi proLung BL Reflex Assay by Epigenomics helps in the diagnosis of lung cancer by determining methylation of SHOX2 biomarker gene.
Browse full research report on Epigenetics Market: www.grandviewresearch.com/industry-analysis/epigenetics-market
Further key findings from the study suggest:
Epigenetic reagents was the largest market valued at over USD 1.2 billion in 2014 owing to the increasing amount of R&D investments and high consumption rates. Kits are expected to gain rapid growth in demand due to the increasing need of rapid and accurate detection techniques.
DNA methylation was the largest technology segment accounting for over 47.0% revenue in 2014. The introduction of technological advancement such as Methylation Sensitive PCR (MSP) and rapid adoption of these products to improve diagnostics efficiency are some factors attributing for its largest share.
Oncology was the largest application market, with revenue valued at over USD 2.75 billion. Growing prevalence of cancer with epigenetic modification base and strong product pipeline are some factors attributing to its market position.
Non oncology segment is anticipated to register the fastest growth of over 20.0% during the forecast period. The segment is dominated by metabolic diseases owing to, the growing base of population suffering from diabetes and organ failure and increasing prevalence of sedentary lifestyle.
North America was observed to be the largest regional epigenetics market accounting for over 38.0% of the overall revenue, due to factors such as the increasing cancer prevalence, increasing amount of funding for R&D, growing collaborations between large pharmaceutical firms for development of improved therapeutics, high patient awareness levels.
The Asia Pacific market is estimated to witness lucrative growth over the forecast period owing to, the presence of large prevalence of target diseases and high unmet medical needs
Some key players of the epigenetics market include Illumina, Abcam, Diagenode, Thermo Fisher Scientific, Merck, Zymo research, Qiagen, CellCentric Ltd, Chroma Therapeutics Ltd, Eisai Co. Ltd, Novartis International AG, Oncolys Biopharma Inc., Syndax Pharmaceuticals, Inc., Valirx Plc and Sigma-Aldrich Corporation.
Extensive R&D initiatives aimed at the development of novel drugs and the presence of strong product pipeline is expected to further boost market growth over the forecast period.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global epigenetics market on the basis of product, technology, application and region:
Epigenetics Product Outlook (Revenue, USD Million, 2015–2022)
Reagents
Kits
Instruments
Enzymes
Services
Epigenetics Technology Outlook (Revenue, USD Million, 2015–2022)
DNA Methylation
Histone Methylation
Histone Acetylation
Large noncoding RNA
MicroRNA Modification
Chromatin structures
Epigenetics Application Outlook (Revenue, USD Million, 2015–2022)
Oncology
Solid Tumors
Liquid Tumors
Non Oncology
Inflammatory Diseases
Metabolic Diseases
Infectious Diseases
Cardiovascular Diseases
Epigenetics Market Regional Outlook(Revenue, USD Million, 2015–2022)
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
Japan
China
India
Latin America
Brazil
Mexico
Middle East and Africa (MEA)
South Africa
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-epigenetics-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
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Pico Projector market Surge Valuation Of USD 2.39 Billion By 2022: Grand View Research, Inc.
The global pico projector market is expected to reach USD 2.39 billion by 2022, according to a new study by Grand View Research, Inc. Smartphone proliferation coupled with high convenience when integrated with portable electronic devices is anticipated to elevate demand. Technological advancements have resulted in enhanced contrast ratio and high pixel quality. Portability and compatibility with Wi-Fi, WiMax, and 3G/4G technologies offered by these products is estimated to drive industry growth.
U.S. pico projector market by product, 2012 - 2022 (USD Million)
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Pico projectors have the ability to project content from mobile and other electronic devices onto a wall, notebook, or portable projection screens. Strong economic growth coupled with rising consumer disposable income may catalyze adoption particularly in consumer electronics and automobiles. Increasing adoption of smart devices and the advent of Internet of Things (IoT) may catapult demand over the next few years. The industry is poised for growth due to expanding application areas and increasing demand for mobility across all sectors. Growing adoption of Bring Your Own Device (BYOD) policies in the corporate sector may also spur product demand.
Browse full research report on Pico Projector Market: www.grandviewresearch.com/industry-analysis/pico-projector-industry
Further key findings from the study suggest:
Embedded devices accounted for over 35% of the overall revenue in 2014, and are expected to witness significant growth over the forecast period owing to widespread usage in portable consumer electronics. Smartphone proliferation is another factor driving growth over the forecast period.
USB pico projector industry is estimated to exhibit rapid growth over the coming years attributing to rising demand across several application areas including aerospace & defense, automotive, business & education, consumer electronics, and healthcare. The standalone segment is anticipated to lose volume share owing to issues such as low brightness and high cost associated with these devices.
LBS technology segment is expected to witness significant growth over the coming years owing to several benefits offered by this technology type including better image quality and relatively high brightness which may result in enriched customer experience.
North America accounted for over 30% of the overall revenue in 2014. This may be primarily attributed to early technology adopters ensuring faster projector adoption in the region. Asia Pacific pico projector market is estimated to witness substantial growth over the coming years owing to rising consumer disposable income paired with growing demand for portable consumer electronics in the region.
Key players in the industry include 3M, AAXA Technologies, Microvision Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics N.V., Texas Instruments, and Coretronic Corporation. Industry participants strive to develop products with enhanced image quality, resolution and brightness. Prominent players also emphasize on developing new generation HD micro-display chips for enhancing product offering.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the global pico projector market on the basis of product, technology, application and region:
Pico Projector Product Outlook (Volume, Thousand Units & Revenue, USD Million; 2012–2022)
Embedded Projector
Standalone Projector
Media Player Projector
USB Projector
Laser Projector
Pico Projector Technology Outlook (Volume, Thousand Units & Revenue, USD Million; 2012–2022)
Digital Light Processing (DLP)
Laser Beam Steering (LBS)
Liquid Crystal on Silicon (LCoS)
Holographic laser projection
Pico Projector Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012–2022)
Consumer electronics
Aerospace & defense
Healthcare
Others
Pico Projector Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012–2022)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-pico-projector-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
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Lightweight Materials Market  Is Anticipated To Grow At A 8.9% from 2013 to 2024: Grand View Research, Inc.
The global lightweight materials market size is expected to reach USD 225.3 billion by 2024, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 8.9% during the forecast period. Rising material innovation in aviation is expected to improve demand for lightweight materials.
The design of an aircraft must take into consideration a number of factors, such as life-cycle cost, strength-to-weight ratio, fatigue life, fracture toughness, corrosion resistance, and reliability. The importance of these factors governs the choice of materials used in the manufacture of aircraft.
Initially, metals were used to manufacture aircraft as they provide necessary tensile strength to the aircraft. The invention of drones or fighter planes with good aerodynamic balance and fuel efficiency has led to usage of lightweight materials in the aviation industry.
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The lightweight materials market is dominated by aluminum, high strength steel, and polymers & composites and are expected to continue doing so in future. Their increased application in various fields is expected to augment demand.
Currently, high strength steel and aluminum are more popular; however, polymers and composites are expected to gain more popularity on account of reduction in prices and increased production of polymers and composites.
Alumina, iron ore, nickel, rutile, and polyacrylonitrile are key raw materials used for manufacturing lightweight materials. These raw materials are further processed to obtain lightweight materials. alumina, rutile, iron ore, and nickel are naturally found in ores whereas polyacrylonitrile, which is one of the major raw materials for carbon composites, is manufactured from petroleum.
Browse full research report on Lightweight Materials Market: www.grandviewresearch.com/industry-analysis/lightweight-materials-market
Further key findings from the study suggest:
The global lightweight materials market is anticipated to reach 61,925.6 kilotons by 2024, at a CAGR of 8.3% from 2015 to 2022
In terms of revenue, the high strength steel segment is projected to ascend at a CAGR of 10.2% over the forecast period
The automotive application dominated the global lightweight materials market with a share of over 86.0% in 2015
The North America lightweight materials market is anticipated to exceed 12,377.7 kilotons by 2024
Europe is projected to witness a remarkable CAGR of 8.2% over the forecast, owing to increasing investments in the energy sector
Asian countries, especially India and China, are expected to observe remarkable growth in next few years
The market is partially consolidated and competitive in nature, with strong presence of multinational players
Some of the key companies in the market are Guardian Industries; Cytec Solvay Group; SABIC; Formosa Plastics; Alcoa Inc.; Allegheny Technology Incorporated; Aleris International; and Covestro LLC.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has segmented the global lightweight materials market on the basis of product, application, and region:
Lightweight Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2013–2024)
Aluminum
High Strength Steel
Titanium
Magnesium
Polymers & Composites
Others
Lightweight Materials Application Outlook (Volume, Kilotons; Revenue, USD Million, 2013–2024)
Automotive
Aviation
Energy
Other
Lightweight Materials Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2013–2024)
North America
U.S.
Europe
Germany
Asia Pacific
China
Latin America
Brazil
Middle East & Africa
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-lightweight-materials-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
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Europe Nutrition and Supplements Market Is Projected To Reach $52.9 Billion By 2025: Grand View Research, Inc.
The Europe nutrition and supplements market is expected to reach USD 52.9 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.9% during the forecast period. It is primarily driven by increasing awareness about healthy lifestyle, weight management, sports nutrition, healthy eating, and wellbeing.
Growing geriatric population and surging healthcare costs in the region are among the key trends estimated to trigger market growth. Increasing health consciousness among consumers and rising willingness to spend on nutrition and dietary supplements are also projected to augur well for the growth of the market. Moreover, upswing in the number of distribution channels for nutraceuticals is poised to improve their accessibility, which will stimulate the growth of the market.
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Spiraling demand for nutraceuticals from consumers and growing emphasis on food content are also anticipated to escalate the growth of the market. In terms of age group, the adult segment dominated the market in 2016 owing to presence of a large target population in the region. However, the children segment is likely to witness the fastest growth with a CAGR of 7.5% over the forecast period owing to rising number of product launches for children & infants and expanding base of children suffering from malnutrition. According to European Commission, 51 million children under 5 years of age are affected by malnutrition and it is one of the main causes of 45.0% of deaths in this age group.
Additional supplements are further segmented into dietary supplements & functional foods. Dietary supplements are expected to register a higher CAGR during the forecast period. These include vitamins, minerals, enzymes, amino acids, and others. Enzyme-based dietary supplements are estimated to experience the fastest growth with a CAGR of 10.0% over the forecast period.
Browse full research report on Europe Nutrition and Supplements Market: www.grandviewresearch.com/industry-analysis/europe-nutrition-supplements-market
Further key findings from the study suggest:
Italy was the leading revenue contributor in the region in 2016 due to soaring adoption of dietary supplements, rising awareness regarding their advantages, and increasing efforts by pharmacists to promote healthy lifestyle
The U.K. is the fastest growing market with a CAGR of 7.1% between 2017 and 2025
Sports nutrition is the fastest growing segment during the forecast period, which is anticipated to post a CAGR of 7.5%
Some of the prominent players operating in this market are Amway; Bayer AG; Sanofi; Abbott; Nestle; Pfizer, Inc.; General Nutrition Centers, Inc.; and LivaNova PLC
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has segmented the Europe nutrition and supplements market on the basis of formulation, function, age group, and country:
Europe Nutrition and Supplements Formulation Outlook (Revenue, USD Million, 2014–2025)
Tablets
Capsules
Liquid
Powder
Soft Gels
Others
Europe Nutrition and Supplements Function Outlook (Revenue, USD Million, 2014–2025)
Medical Food
Sports Nutrition
Additional Supplements
Dietary Supplements
Vitamins
Minerals
Enzymes
Amino acids
Others
Functional Foods
Europe Nutrition and Supplements Age Group Outlook (Revenue, USD Million, 2014–2025)
Infants
Children
Adults
Pregnant
Geriatric
Europe Nutrition and Supplements Regional Outlook (Revenue, USD Million, 2014–2025)
Europe
Germany
U.K.
France
Spain
Italy
Russia
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/europe-nutrition-supplements-market-analysis
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
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Formaldehyde To See Massive Growth By 2020
The global formaldehyde market is expected to reach USD 21.03 billion by 2020, according to a new study by Grand View Research Inc. Growth in furniture and construction industry along with increasing concentration in Asia Pacific is expected to be a key driver for the market over the next six years. Fluctuating raw material prices coupled with the increasing consumer awareness regarding harmful effects of formaldehyde is expected to be a major challenge for the market over the forecast period. In addition, stringent environmental regulations, imposed by REACH on formaldehyde emissions from wood products are expected to further hinder the growth of the market.
Browse full research report on Formaldehyde Market: www.grandviewresearch.com/industry-analysis/formaldehyde-market  
Further key findings from the study suggest:                      
UF Resins dominated the application market in     terms of revenue and volume, accounting for over 39% of global market     volume in 2013. PF resins are expected to be fastest growing application     segment, at an estimated CAGR of 7.1 % from 2014 to 2020. Growing consumption     of phenol formaldehyde in automotive and construction industry as     insulation foams and binders is expected to augment demand. In addition,     increasing demand for PF resins from the oil and gas industry is expected     to further fuel the formaldehyde market.
Construction was the largest end use market for     formaldehyde, with demand in excess of 23 million tons in 2013.     Formaldehyde is extensively used in construction materials such as cabinet     doors, medium density fiberboards and strand boards resulting in high     demand from the segment.
Asia Pacific was the largest regional market     for formaldehyde, accounting for revenue of USD 6.74 billion in 2013 owing     to increased production of textile, automotive and cosmetics. Emerging     markets in Latin America, Middle East and Africa are expected to show     combined growth at an estimated CAGR of 6.4 % from 2014 to 2020.
Global formaldehyde market is highly fragmented     with top four companies accounting for less than 15% of global revenue in     2013. Key industry participants include Dynea Oy, Bayer AG, Celanese     Corporation, and BASF SE, Formox AB, Georgia Pacific Corporation,     Momentive Specialty Chemical Inc. and Huntsman Corporation.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/organic-chemicals-and-compounds                                                                                                                                    
Grand View Research has segmented the formaldehyde market on the basis of application, end use and region:
Global Formaldehyde Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
UF     Resins
PF     Resins
MF     Resins
Polyacetal     Resins
Pentaerythritol
Methylenebis     (4-phenyl isocyanate) (MDI)
1,4-butanediol
Others
Global Formaldehyde End Use Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
Construction
Others (automotive,     aircraft, healthcare, clothing)
Global Formaldehyde Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
North     America
Europe
Asia     Pacific
RoW
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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.
For more information: www.grandviewresearch.com
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Connected Car Market Hits $180.30 Billion By 2022: Grand View Research, Inc.
The global connected car market size is expected to reach USD 180.30 billion by 2022, according to a new study by Grand View Research, Inc. Surging consumer demand, constant need for connectivity, increased dependency on technology and the growing number of tech-savvy people are some of the factors expected to boost global connected car market growth.
Connected cars offer connectivity on wheels providing comfort, performance along with safety and security. Such an advanced technology enables the driver and passengers to connect with various online platforms that facilitate real-time communication on the go.
North America connected car market by application, 2012 - 2022, (USD Billion)
The connected car market has the potential to significantly boost revenues of automobile manufacturers over the next five to seven years. Car manufacturers are expected to deliver the right mix of application and product packages for the right customers, and must systematically invest in R&D if they are willing to maintain their technological leadership.
Increasing regulations by governments and transportation authorities for the installation of advanced safety and vehicle to vehicle communications systems are expected to positively impact industry growth.
Browse full research report on Connected Car Market: www.grandviewresearch.com/industry-analysis/connected-car-market
Further key findings from the study suggest:            
Safety applications dominated the global     connected car industry, accounting for over 34% of the share in 2014. The     inclusion of safety technologies such as danger warning systems, automatic     emergency calling, blind spot alerts, anti-collision systems that prevent     accidents in automobiles has made modern cars safer and accident-proof.     This is expected to result in an overall reduction in road mishaps and     accidents thus reducing the overall on road fatalities.
Growing at a CAGR of over 31% from 2015 to     2022, driver assistance systems are expected to gain prominence over the     forecast period. Recent advancements in driver assistances systems such as     Volkswagen’s Emergency Assist, that automatically applies the brakes and     stops a car in case of an emergency and BMW’s autonomous parking valet,     that automatically parks a car even after the passenger’s exit have set     benchmarks for driver assistance systems in the connected vehicle     industry.
Asia Pacific is expected to grow at a CAGR of     over 29% over the forecast period due to considerable automobile demand in     the region coupled with a relatively untapped market for sophisticated     automotive communications in the region. Countries such as China and India     are expected to drive the industry growth during the next seven years.     Automobile manufacturers and technology giants across the world are     striving hard to provide advanced vehicle management and safety     technologies in the budget car segment as well. Regulation by the European     department of transportation in association with the governments have     mandated the installation of eCall emergence calling systems and other     advanced telematics systems for safety purposes in all new vehicles     manufactured after the year 2014.
Technological and product innovations have     driven the highly dynamic market. Industry participants include major     automobile manufacturers and telecommunication giants such as Audi AG, Alcatel     Lucent, Apple Inc, BMW, Ford Motors, and Google Inc. Manufacturers resort     to mergers, acquisitions and strategic alliances with technological and     network service providers as their key growth strategy to make their     presence felt in the industry.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/automotive-and-transportation                                                                                                    
Grand View Research has segmented the global connected car market on the basis of application and region:
Connected Car Application Outlook (Revenue, USD Billion, 2012 - 2022)
Vehicle     Management
Driver     Assistance
Mobility     Management
Safety
Entertainment
Others
Connected Car Regional Outlook (Revenue, USD Billion, 2012 - 2022)
North     America
Europe
Asia     Pacific
RoW
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-connected-car-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
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Malic Acid Market Hits $244.0 Million By 2024: Grand View Research, Inc.
The global malic acid market is expected to reach USD 244.0 million by 2024, according to a new report by Grand View Research, Inc. The expanding food and beverage industry globally is anticipated to be a major factor for substantial industry growth over the next few years. Growing consumer awareness towards obesity issues has led to increased consumption of low-calorie beverages which is expected to positively impact the product demand.
Beverages accounted for 49.3% of the global malic acid market in 2015. Growing liquid and powdered beverages consumption along with surging artificial flavorant demand in carbonated drinks are estimated to drive the product demand in beverages over the next few years. The increasing confectionery and food processing facilities, especially in Asia Pacific, North America, and Europe, is yet another factor anticipated to steer the product demand in the near future.
Browse full research report on Malic Acid Market: www.grandviewresearch.com/industry-analysis/malic-acid-market                        
The global malic acid market demand exceeded 70     kilo tons in 2015 and is anticipated to grow at an estimated CAGR of 4.2%     to reach a total market size of over 102 kilo tons by 2024
Personal care & cosmetics segment is     expected to grow at a CAGR of 5.7% over the next eight years. The shift in     consumer and product trends in the personal care industry such as     increasing demand for multifunctional personal care & cosmetics products     and naturally derived ingredients are the key factors driving product     demand in this category.
Asia Pacific is anticipated to experience the     highest growth over the foreseeable future. The region is estimated to     grow at a CAGR of 5.2% over the next eight years.
China malic acid demand is expected to witness     high growth on account of expanding personal care & cosmetics and     processed food production facilities in the region. The product demand in     confectionery and food sector is expected to reach a net worth exceeding     USD 14 million by 2024.
Some of the leading industry participants     include Bartek Ingredients, Inc. Fuso Chemicals Co., Ltd, Miles Chemicals,     Thirumalai Chemicals Ltd. (TCL), Lonza, and Polynt. The other key players     include Changmao Biochemical Engineering Company Limited, Isegen South     Africa (Pty), Ltd., Yongsan Chemicals, Prinova, The Chemical Company     (TCC), and Anhui Sealong Biotechnology Co., Ltd.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances                                                                                                                                  
Grand View Research has segmented the global malic acid market on the basis of end-use, and region:
Global Malic Acid End-Use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
Beverage
Confectionery
Personal     care
Other
Global Malic Acid Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
 U.S.
 Canada
 Mexico
 France
 UK
 Germany
 China
 Japan
 India
 Brazil
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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.
For more information: www.grandviewresearch.com
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3d Scanning Market Is Projected To Reach $8.04 Billion By 2025: Grand View Research, Inc.
The global 3D scanning market is expected to reach USD 8.04 billion by 2025, according to a new report conducted by Grand View Research, Inc. The surging acceptance in healthcare and aerospace & automobile component designing arenas is expected to impel the market growth. The increasing acceptance in the industrial manufacturing segment, specifically in metal processing and modelling procedures, is further anticipated to bolster the market growth.
The market can be classified on the basis of application types into industrial manufacturing, aerospace & defense, healthcare, architecture & engineering, and other 3D scanning applications. The healthcare segment is expected to grow at a notable pace owing to the surging in corporation by surgeons and medical practitioners in the study of cross-sectional human anatomy and in other similar surgical procedures; for instance, companies such as ARANZ Medical provide 3D scanning and technology solutions for wound and skin assessment there by renovating clinical assessment procedures, in so delivering cost-effective healthcare services and improving quality of care.
North America 3D scanning market, by product, 2014 - 2025 (USD Million)
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The 3D scanning technology offers many benefits to the automotive industry, particularly in terms of designing. For instance, in April 2016, BMW Group (Germany) declared 3D scanning and printing technologies were used to aid the 2016 Paralympic Games in Rio, by utilizing 3D technology for designing aerodynamic and lightweight carbon fiber wheelchairs and custom 3D printed gloves for Team USA.
Browse full research report on 3d scanning market: www.grandviewresearch.com/industry-analysis/3d-scanning-industry
The global 3D scanning market is estimated to grow significantly over the forecast period due to the innovative inspection technology adoption in numerous industries, leading to reduced costs of manufacture and increased efficacy. The technological superiority of 3D scanning in dynamic solicitation arenas of large magnitude is assessed to elicit the demand by 2025.
The 3D scanning industry is segmented on the basis of products into laser scanners, structured light scanners, and optical scanners. The 3D laser scanner segment is anticipated to dominate the 3D scanning device arena in terms of market size by 2025. 3D laser scanners would remain the dominant product segment on account of the low cost of laser scanners. Structured light scanners would emerge as the fastest growing product segment in the market in terms of revenue, in the years to come.
Asia Pacific is anticipated to witness a considerable growth in the years to come. The surge in the demand across various industrial manufacturing application arenas is expected to boost the market demand. North America is projected to mature as one of the perceptible regional markets, owing to the high adoption in the aerospace and automotive designing industry coupled with the increasing R&D spending.
The key industry contributors include Creaform, Inc., Autodesk, Inc., Nikon Metrology NV, David Vision Systems GmbH, FARO Technologies, Basis Software, Inc. (Surphaser 3D), Fuel3D Technologies Limited and Hexagon AB.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global 3D scanning market on the basis of component type, application type, and region:
3D Scanning Product Outlook (Revenue, USD Million; 2014–2025)
Laser Scanner
Structured Light Scanner
Optical Scanner
3D Scanning Range Outlook (Revenue, USD Million; 2014–2025)
Short range
Medium range
Long range
3D Scanning Application Outlook (Revenue, USD Million; 2014–2025)
Industrial manufacturing
Aerospace & Defense
Healthcare
Architecture & Engineering
Other
3D Scanning Regional Outlook (Revenue, USD Million; 2014–2025)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Spain
Asia Pacific
China
Japan
South America
Brazil
Middle East & Africa
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-3d-scanning-industry
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
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Washing Machine Market To Reach $42.16 Billion By 2025: Grand View Research, Inc.
The global washing machine market is expected to reach USD 42.16 billion by 2025, according to a new report by Grand View Research, Inc. Increased needs for differentiated products and services have led to an upsurge in investments for R&D activities. Ongoing advancements, such as coin laundry, crowdsourced supply, and on-demand services, are drawing investors toward the laundromat and laundry industries seeking minimal on-site management obligations. Moreover, the commercial laundry space is becoming more automated with the introduction of Internet-enabled features in the washing machines.
Germany washing machine market, by product, 2014 - 2025 (USD Billion)
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Increased number of dual-income households coupled with insufficient time for laundry has led to growing demand for laundromats. Additionally, the growth in the hospitality sector in emerging countries and the advent of on-demand services are expected to propel the commercial washing machine growth. Furthermore, the energy labels and energy efficiency policies have enabled manufacturers to focus on the development of energy-efficient products.
The growth in online laundry services is expected to have a positive impact on the commercial washing machine market. The commercial washing machine market is characterized by the presence of key players who provide conventional washing and laundry services. However, the startups in this industry are struggling to fill in the gap by providing comprehensive solutions at a reasonable price.
Browse full research report on Washing Machine Market: www.grandviewresearch.com/industry-analysis/washing-machine-market
The fully-automatic washing machine industry is expected to be the fastest-growing segment owing to the growing shortage of time for household chores
The demand for washing large volume of load is providing traction to the growth of the washing machines having capacity of over 8 kg
The residential sector is anticipated to grow at a CAGR of over 5% throughout the forecast period due to the transition from semi-automatic to fully automatic washing machines.
The strong growing demand for residential products in the UAE and Saudi Arabia is contributing to the growth in the MEA region
The major players include LG Electronics Inc., Samsung Electronics Co. Ltd., Whirlpool Corporation, and Electrolux AB
Emphasis on R&D is a major strategy adopted by the key players to generate financial profits and address the environmental and social issues through technologies and products
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the washing machine market based on product, technology, capacity, end-use, application, and region:
Product Outlook (Revenue, USD Billion, 2014–2025)
Fully automatic
Front load
Top load
Semi-automatic
Dryers
Technology Outlook (Revenue, USD Billion, 2014–2025)
Smart connected washing machine
Conventional washing machine
Capacity Outlook (Revenue, USD Billion, 2014–2025)
Below 6 kg
6.1 to 8 kg
Above 8 kg
End-Use Outlook (Revenue, USD Billion, 2014–2025)
Commercial
Residential
Application Outlook (Revenue, USD Billion, 2014–2025)
Healthcare
Hospitality
Others
Regional Outlook (Revenue, USD Billion, 2014–2025)
North America
U.S.
Canada
Europe
Germany
UK
Asia Pacific
China
India
Japan
Latin America
MEA
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-washing-machine-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
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Future Growth Of Solar Cell Market In Upcoming Years
Global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing to increasing demand for electricity coupled with rising consumer awareness regarding environmental benefits of renewable energy sources. Stringent government regulations in various economies to encourage use of solar energy through incentives and feed-in-tariffs is also anticipated to drive demand over the forecast period.
Germany solar cell market installed capacity, by product, 2012-2022 (GW)
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Technological advancements have led to efficient performance and reduction in manufacturing cost of the cells which is expected to fuel growth. Moreover, rising demand for eco-friendly energy sources in order to reduce dependence on fossil fuels and achieve energy security is expected to propel growth over the next seven years.
Browse full research report on Solar Cell Market: www.grandviewresearch.com/industry-analysis/solar-cell-market
Increasing demand for PV systems in residential, utility and commercial applications is expected to have a positive impact on the industry. Increasing government support coupled with rising R&D investments in the sector is projected to propel growth. In addition, rapid development in the industrial sector together with growing infrastructure improvements particularly in emerging economies is forecasted to fuel product utilization over the next seven years.
Multicrystalline and monocrystalline which form the silicon wafer segment contributed to an overall market share of approximately 90.0% of aggregated installation capacity in 2014.
In 2014, monocrystalline silicon wafer market reached over 57.0 GW. Industry players are expected to have ample growth opportunities in the market owing to increasing utilization of the product in developed nations. Properties of monocrystalline solar cells including stability, high efficiency and compact design is expected to propel demand over the next seven years. Research and development aimed at incorporating magnetic nanoparticles in manufacturing solar cells owing to enhanced performance is anticipated to open new avenues over the forecast period.
Emerging economies including China, Indonesia, India and Japan are expected to experience significant growth inthe market owing to supportive government programs and policies over the next seven years.
Multicrystalline silicon cells are projected to witness rapid growth exceeding 25.0% in the forecast period owing to simple production process leading to reduced costs. Asia Pacific is expected to be a major market for multi crystalline solar cell owing to rising demand for multi crystalline solar cells in residential and commercial applications and increasing consumer awareness regarding cost efficiencyof the product.
UAE is one of the major markets for solar cells in MEA owing to reliable operation and cost benefits of the product.Impressive aesthetic exteriors and flexibility offered by photovoltaics is estimated to propel thin film solar cell market over the next seven years.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-energy
Grand View Research has segmented the global solar cell market on the basis of product and region:
Global Solar Cell Product Outlook (Installed capacity, GW, 2012–2022)
Silicon Wafer
Monocrystalline
Multicrystalline
Thin Film
Cadmium Telluride
Amorphous silicon
Copper Indium Gallium Selenide
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-solar-cell-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
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Surgical Microscopes Market Is Projected To Reach $385.2 Million By 2025: Grand View Research, Inc.
The U.S. surgical microscopes market size is expected to reach USD 385.2 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 10.7% during the forecast period. Increasing prevalence of chronic disorders such as cancer and cardiovascular diseases, which require surgical intervention, is anticipated to bolster the growth of the operating microscopes market over the forecast period.
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According to the Center for Disease Control and Prevention (CDC) in 2014, the cancer prevalence rate in the U.S. was in the range of 380.4–510.7 incidents per 100,000 people. States with the highest cancer incidence rates were Kentucky, Delaware, Pennsylvania, Maine, New Hampshire, Louisiana, Connecticut, New York, Iowa, and Michigan. These states are estimated to have greater demand for the product due to the requirement of more frequent surgical interventions.
Awareness regarding advantages of minimally invasive surgeries is also expected to stoke the growth of the market. Surgical microscope is one of the key devices needed for minimally invasive surgeries. Advantages of minimally invasive surgeries include reduced overall healthcare cost, reduced recovery time, and lesser chances of hospital acquired infections. Thus, demand for operating microscopes is estimated to increase over the forecast period as penetration of minimally invasive surgeries across all medical fields is on a rise.
Browse full research report on Surgical Microscopes Market: www.grandviewresearch.com/industry-analysis/us-surgical-microscopes-market
Further key findings from the study suggest:
In terms of revenue, on caster was the leading type segment in the market in 2016 and is anticipated to hold large share throughout the forecast period, exhibiting a CAGR of 11.5% over the forecast period
On the basis of application, oncology is likely to account for the largest share in terms of revenue, while the neurosurgery and spine surgery segments are estimated to register the highest CAGR over the forecast period
Based on end-use, hospitals were the leading revenue contributors in 2016. The trend is estimated to continue throughout the forecast period.
Key players operating in the U.S. surgical microscopes market include Seiler Precision Microscopes; Alcon Laboratories; Alltion (Wuzhou) Co. Ltd.; Carl Zeiss; Leica Microsystems; Takagi Seiko Co Ltd.; and Topcon Corporation Inc.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the U.S. surgical microscopes market report on the basis of type, application, end-use, and region:
U.S. Surgical Microscopes Type Outlook (Revenue, USD Million, 2012–2025)
On Casters
Wall Mounted
Table Top
Ceiling Mounted
U.S. Surgical Microscopes Application Outlook (Revenue, USD Million, 2012–2025)
Neurosurgery and Spine Surgery
ENT Surgery
Dentistry
Oncology
Gynecology
Urology
Ophthalmology
Plastic & Reconstructive Surgeries
Other Surgeries
U.S. Surgical Microscopes Regional Outlook (Revenue, USD Million, 2012–2025)
U.S.
California
Texas
Ohio
Pennsylvania
New York
Massachusetts
Illinois
Florida
New Jersey
Michigan
Rest of U.S.
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/us-surgical-microscopes-market-analysis
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
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Concentrated Photovoltaic Market Hits $6.35 Billion By 2025: Grand View Research, Inc.
The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints.
CPV technology is yet to gain worldwide acceptance and manufacturers are constantly engaged in developing new modules with improved efficiency. Growing popularity of PV has overshadowed the efficiency and advantages of CPV. However, the technology shows great promise owing to its scalability and efficiency.
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Globally, Asia Pacific is the largest market for CPV. Presence of a large number of module manufacturers, coupled with favorable government initiatives, is driving the demand for this technology. The advantage of low labor cost and introduction of smaller rooftop systems are also expected to boost market growth.
Browse full research report on Concentrated Photovoltaic Market: www.grandviewresearch.com/industry-analysis/concentrated-photovoltaic-market
Further key findings from the study suggest:
By level of concentration, low concentrated photovoltaic is likely to be the fastest-growing segment at a revenue-based CAGR of 10.8% from 2017 to 2025. This is owing to innovations resulting in highly efficient products
The commercial application segment is expected to exhibit a 9.0% CAGR from 2017 to 2025 in terms of revenue. This can be attributed to increasing number of installations in manufacturing facilities as well as private buildings
In terms of revenue, the reflector product segment is expected to register a CAGR of 10.8% from 2017 to 2025 owing to rapidly increasing demand for low concentration photovoltaics made from mirrors
By volume, Asia Pacific accounted for just over 50.0% of the global market in 2016 on account of rapidly growing capacity additions in China and India
The installed capacity of CPV in Middle Eastern and African countries was 66.8 MW in 2016, backed by commissioning of projects in countries such as South Africa, Morocco, and Jordan
Manufacturers are constantly working on introducing new products with improved efficiencies and reduced quantities of silicon
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-energy
Grand View Research has segmented the concentrated photovoltaic market on the basis of product, application, level of concentration, and region.
Product Outlook (Volume, MW; Revenue, USD Million, 2014–2025)
Reflector
Refractor
Application Outlook (Volume, MW; Revenue, USD Million, 2014–2025)
Utility
Commercial
Level of Concentration Outlook (Volume, MW; Revenue, USD Million, 2014–2025)
High concentration photovoltaic
Low concentration photovoltaic
Regional Outlook (Volume, MW; Revenue, USD Million, 2014–2025)
North America
U.S.
Canada
Europe
France
Spain
Asia Pacific
China
India
Japan
Central & South America
Brazil
Middle East & Africa
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-concentrated-photovoltaic-cpv-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
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Cyber Security Market Analysis, Trends, Outlook, Estimation & Forecast, 2014-2024
The global cyber security market is expected to reach USD 205.51 billion by 2024, according to a new report by Grand View Research, Inc. The dependence of enterprises on information technology and sensitive nature of digitally stored data has raised the stake for cyber-attackers with financial gain becoming a primary motive.
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Solution providers are indulging in research and development to develop next-generation security solutions. For instance, Science Applications International Corporation (SAIC) has developed an innovative cyber security technology that helps government protect critical data, mitigate risks, and establish a comprehensive defense against cyber-attacks. There is also a greater emphasis on the intelligence-led security as conventional security technologies, such as web, content management and network security, are failing to deliver the tracking of security incidents.
The cyber security industry is expected to witness high demand for cloud-based applications as government organizations are opting for the cloud platform for data sharing.
Browse full research report on Cyber Security Market: www.grandviewresearch.com/industry-analysis/cyber-security-market
Further key findings from the study suggest:
The services segment is anticipated to grow at a CAGR of over 12% from 2016 to 2024. The growing demand for Security-as-a-Service (SaaS) and cloud-based solutions is expected to provide growth opportunities
Healthcare industry is expected to reach over USD 30 billion by 2024. The health insurers are the prime target of the cyber-attacks, such as Advanced Persistent Threats (APTs) and spear phishing. The crimes and breaches in this sector are rising as the cost of stolen medical record is increasing.
The North American cybersecurity industry is anticipated to reach over USD 61 billion by 2024. The increasing cybercrime costs are enabling the region to focus on building a strong resilience system for managing cybercrimes.
MEA is expected to grow at a CAGR of over 12.5% from 2016 to 2024. The region is adopting digital technologies and applications at a faster pace, increasing the risk of cyber-attacks. The expansion of digitization throughout the region has made cybersecurity a necessity for organizations.
The major players in the cybersecurity market include Fortinet Inc., Checkpoint Software Technologies Ltd, Cisco Systems Inc., Trend Micro Inc. and Symantec Corporation. The companies in the cyberspace are focusing on reducing the costs incurred in implementing security strategies by moving from solution-based products to service offerings The growing trend of security-as-a-service is increasing the adoption of services and key players are integrating with major service providers to fulfill consumer demand.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/network-security-software-and-services
Grand View Research has segmented the cyber security market on the basis of component, security type, solutions, services, deployment, organization, application, and region:
Cyber security Component Outlook (Revenue, USD Billion, 2014–2024)
Solution
Services
Cyber security Security Type Outlook (Revenue, USD Billion, 2014–2024)
Enterprise security
Endpoint security
Cloud security
Network security
Application security
Others
Cyber security Solution Outlook (Revenue, USD Billion, 2014–2024)
UTM
IDS/IPS
DLP
IAM
SIEM
DDoS
Risk and compliance
Others
Cyber security Services Outlook (Revenue, USD Billion, 2014–2024)
Professional services
Managed services
Cyber security Deployment Outlook (Revenue, USD Billion, 2014–2024)
Cloud
On-premise
Cyber security Organization Outlook (Revenue, USD Billion, 2014–2024)
Small and medium enterprise
Large enterprises
Cyber security Application Outlook (Revenue, USD Billion, 2014–2024)
IT & Telecom
Retail
BFSI
Healthcare
Defense/government
Automotive
Others
Cyber security Regional Outlook (Revenue, USD Billion, 2014–2024)
North America
U.S.
Canada
Europe
Germany
U.K.
Asia Pacific
China
India
Japan
Latin America
Brazil
MEA
Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-cyber-security-market
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