Artificial Lift Systems Market Size Was Valued At USD 14.22 Billion In 2014 And Is Expected To Reach $29.61 Billion By 2022: Grand View Research, Inc.

Global artificial lift systems market has grown over the past few years owing to the recent developments in the technology. Artificial lifts are used to increase the flow of water or crude oil from production wells when there is not enough pressure in the reservoir to lift the produced fluid such as water, oil or a mix of both with gas to the surface. The artificial lift industry has experienced an increased demand due to a rise in the energy demand and oil & gas production across the globe. The market is expected to reach USD 29.61 billion by 2022

Resource allocation for various technological developments is a fast growing trend which has a positive impact on the market. Moreover, advancements in the oil field automation have reduced the downtime and have maximized the efficiency of oil production. The oil & gas sector needs resources to be extracted from complex, tight and deep formations and which has led to the increase the demand for well-engineered artificial lift systems.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/artificial-lift-systems-market

Further key findings from the report suggest:

  • Electrical submersible pumps (ESPs) accounted for over 50% of the total revenue, thus dominating the market in 2014, owing to their ability to handle excessive downhole and surface temperatures. They are versatile systems and can handle varied flow rates and lift requirements.
  • Rod lifts were valued at USD 3.44 billion in 2014. Ease of operation and flexibility has resulted in their widespread use in oilfields. This product segment is expected to witness tremendous gains over the forecast period because of their rising popularity in vertical wells, especially in the U.S.
  • North America market was valued at USD 5.68 billion in 2014. There will be a significant rise in the artificial lift system market especially in Canada and the U.S. due to the increase in drilling activities and discovery of shale gas in this region. High prevalence of oil rigs in the region is expected to augment the regional demand over the forecast period.
  • Asia Pacific is anticipated to witness tremendous gains at 10.0% CAGR from 2015 to 2022. Rising demand for petroleum products is likely to drive growth in the region over the forecast period. Petroleum companies in various parts of the world have installed artificial lift systems to extract high volumes of natural gas & crude oil to preserve energy.
  • Prominent players dominating the market includes Borets Company LLC, Cameron International Corporation, Baker Hughes, Inc., GE Energy, Dover Artificial Lift, Halliburton Company, Flotek Industries, Inc., Kudu Industries, Inc., Schlumberger Limited, Dover Corporation, National Oilwell Varco, Inc., Superior Energy Services, Inc., and Weatherford International Ltd.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the global artificial lift systems market on the basis of product and region:

Artificial Lift Systems Product Outlook (Revenue, USD Million, 2012 – 2022)

  • Rod Lifts
  • Electrical Submersible Pumps
  • Progressive Cavity Pumps
  • Gas Lifts
  • Hydraulic Pumps
  • Others

Artificial Lift Systems Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • RoW

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

 

 

 

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Armored Vehicle Market To Gain From Increasing Demand For Personnel Armored Vehicles Till 2022: Grand View Research, Inc.

The global armored vehicle market is expected to reach USD 26.79 billion by 2022, according to a new report by Grand View Research, Inc. Increasing defense expenditure worldwide to improve military capabilities is expected to contribute to revenue growth.

Rising internal and external terrorism activity worldwide is expected to drive industry demand over the forecast period. Technology advancements such as unmanned vehicles are expected to fuel market growth. Increased focus of government such as India, China and the U.S. will contribute to industry growth.

According to Department of Industrial Policy & Promotion (DIPP) Indian government is expected to make investment of USD 130 billion on defense forces and additional USD 110 billion on homeland security over the next seven years. Rising unrest or civil war such as civil war in Iraq may also drive the armored vehicle market.

Companies are continuously investing in R&D to drive new technology and products. Enhanced fuel efficiency and protection are key aspects for future development. Budget limitations and macroeconomic conditions may delay the ongoing or future development over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/armored-vehicle-market

Further key findings from the report suggest:

  • APC is key product segment and estimated to grow at a CAGR of 2.5% from 2015 to 2022. They are primarily used for safer deployment of infantry to battle fields or high threat areas and can be distinguished from IFVs based on the weapons they carry. Principally, APCs are not intended to take part in direct-fire battle, but are armored to provide protection from shrapnel and small arms fire and armed for self-defense. Mine-resistant ambush protected (MRAP) market is expected to growth at a CAGR of over 2.5%.
  • Armored vehicles can be used to enhance defense capabilities, maintain homeland security, and for commercial applications. Homeland security works to prevent terrorist attacks with the country, reduce the vulnerability to terrorism, and minimize the damage from attacks that do occur.
  • Asia Pacific armored vehicle market is estimated to be the key regional segment and accounted for over 30% of the overall revenue share in 2014. Rising defense budget of countries and increase in border or terrorism threats in Asia Pacific is expected to contribute to regional growth over the forecast period. North America armored vehicle market is estimated to hold over 25% of overall revenue share by 2022.
  • This industry is highly competitive, key industry participants include BAE Systems, General Dynamics Corporation, Elbit Systems, INKAS, International Armored Group, Krauss-Maffei Wegmann, Iveco, Rheinmetall Ag, Lenco Industries, Inc, and Lockheed Martin.
  • In September 2015, BAE Systems announced that it delivered the first production series ARCHER artillery system to the Swedish Defense Materiel Administration (FMV). Lenco Industries’ Bearcat and BEAR are used as military counter attack and rescue automobile; they are also used as patrol automobile on a military base or in urban environment.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the armored vehicle market on the basis of product, application, and region:

Armored Vehicle Product Outlook (Revenue, USD Million, 2012 – 2022)

  • Armored Personnel Carriers (APC)
  • Infantry Fighting Vehicle (IFV)
  • Light Protected Vehicle (LPV)
  • Main Battle Tanks (MBT)
  • Mine-Resistant Ambush Protected (MRAP)
  • Tactical Trucks
  • Others

Armored Vehicle Application Outlook (Revenue, USD Million, 2012 – 2022)

  • Defense
  • Homeland Security
  • Commercial

Armored Vehicle Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

 

Aquafeed Market Demand Was 37.60 Million Tons In 2013 And Is Expected To Reach 77.93 Million Tons By 2020: Grand View Research, Inc.

The global aquafeed market is expected to reach USD 133.1 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of aquafeed in carp and crustacean farming is expected to boost market demand over the forecast period. The growing market for aquaculture, owing to the static natural production of fishes is expected to be another key driver for market growth over the next six years. In addition, the increasing focus on nutraceuticals such as omega 3 enriched products is also expected to have a positive impact on aquafeed applications.

Key aquaculture additives include antibiotics and amino acids as they cannot be synthesized by the fish but are essential for regular body mechanism. Amino acids were the largest used aquafeed product, with estimated market revenue of USD 236.0 million in 2013. Feed acidifiers are expected to be the fastest growing segment over the forecast period, at an estimated CAGR of 6.1% from 2014 to 2020.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/aquafeed-and-aquaculture-additive-market

Further key findings from the study suggest:

  • The global aquafeed demand was 37.60 million tons in 2013 and is expected to reach 77.93 million tons by 2020, growing at a CAGR of 11% from 2014 to 2020.
  • Carps were the largest consumers of aquafeed, at 9.70 million tons of global market in 2013. The segment is also expected to witness fastest growth at an estimated CAGR of 11.2% from 2014 to 2020. Carps are rich in omega-3 fatty acids and offer high sources of protein that are low in fat. The growing consumer awareness regarding omega 3 health benefits is expected to drive demand for carps in turn augmenting demand for aquafeed.
  • Mollusks and Crustaceans were the other large application segments for the aquafeed market together accounting for 33% of the global market in 2013. Crustaceans such as lobsters, shrimps and crabs and mollusks such as oysters are increasing being used as exotic food products and improving economic conditions in parts of Asia Pacific is expected to further the demand for aquafeed over the forecast period.
  • Asia Pacific was the most dominant regional market accounting for 65% of global consumption in 2013. The presence of vast aquaculture industry particularly in China is expected to enhance the demand for aquafeed in the region over the next six years.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives

Grand View Research has segmented the global aquafeed market on the basis of end use and region. Furthermore, aquafeed additive market has been split on the basis of product segments:

Aquafeed Additives Product Outlook (Revenue, USD Million, 2012 – 2020)
• Amino Acids
• Antibiotics
• Vitamins
• Feed Acidifiers
• Others
Aquafeed Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)
• Carps
• Mollusks
• Crustaceans
• Salmons
• Tilapia
• Catfish
• Others
Aquafeed Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

Aquaculture Market Size Was 69,230.0 Kilo Tons In 2013 And Is Expected To Grow At A CAGR Of 2.0% From 2014 To 2020: Grand View Research, Inc.

The global aquaculture market size was 69,230.0 kilo tons in 2013. Rising awareness among consumers pertaining to various health benefits offered by seafood is expected to drive global market demand over the forecast period.

Increased deep sea fishing activities globally have resulted in limited availability of fresh fish thus fuelling demand for cultured varieties. The market has witnessed growth due to urbanization and increasing disposable income of working population leading to high consumption of protein rich foods. The global market is estimated to generate revenues worth USD 202.96 billion by 2020.

Rice-fish culture includes fish farming in rice fields and proves beneficial for both, thus opening new avenues for market growth. Fish are provided with a safe living environment in these dense rice plants and simultaneously, protect rice saplings from insects while circulating oxygen around.

Fresh water was the largest culture environment accounting for 60% of total production in 2012. Limitation of actual surroundings in ponds, cages and concrete raceways has resulted in increasing fish farming activities fresh water. Higher acceptance among consumers owing to favorable breeding environment is expected to propel demand for fresh water aquaculture over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/aquaculture-market

Further key findings from the study suggest:

  • Due to rising consumer demand for sea water fish, marine water-based aquaculture market is projected to grow at a CAGR of 2.2% by 2020. Rack & line farming along with sea ranching and intensive aquaculture are methods which are being implemented depending upon the type of fish or shellfish.
  • Carp dominated the global aquaculture industry accounting for over 35% of the market volume in 2013. They are cultivated in fresh water owing to high environmental compatibility. Aquaculture for crustacean is expected to grow at a CAGR of 4.9% in terms of revenue from 2014 to 2020 due to high protein content.
  • Mackerel is a rich source of omega-3, and salmon is high in protein and vitamin D content. Sea bream and sea bass are low-calorie species with rich content of vitamin B6, phosphorous and selenium, and are preferred as low-calorie diet.
  • China dominated the global market supplying over half the quantity of farmed fish. China aquaculture market was valued at USD 77.90 billion in 2013 and is expected to witness rapid growth over the forecast period due to low-cost labor, favorable climate and ample availability of natural resources.
  • Asia Pacific aquaculture market is expected to grow on account of higher fish consumption in coastal regions including Australia, India, Japan and numerous South Eastern countries. Local civilizations are known to practice small scale aquaculture since ancient times in South East Asia and Pacific in the form of shellfish, shrimp and sea cucumbers cultivation and seaweed farms.
  • The global aquaculture industry is fragmented in nature owing to the presence of numerous companies. In addition, the market is highly unorganized, particularly in Asia Pacific, due to the presence of numerous local small-scale companies practicing aquafarming. Key companies in the market include Cermaq ASA, Blue Ridge Aquaculture, Cooke Aquaculture Inc., Nireus Aquaculture S.A, Stehr Group Pty Ltd., Tassal Group Ltd. and International Fish Farming Co. – Asmak.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Grand View Research has segmented the global aquaculture market on the basis of culture environment, product and region:

Aquaculture Culture Environment Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • Fresh Water
            • Marine Water
            • Brackish Water
Aquaculture Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • Carps
            • Crustaceans
            • Mackerel
            • Milkfish
            • Mollusks
            • Salmon
            • Sea Bass
            • Sea Bream
            • Trout
            • Other species
Aquaculture Region Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific (excluding China)
            • China
            • RoW

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

Antimicrobial Packaging Market Was Valued At USD 7.28 Billion In 2015 And Is Expected To Reach $11.92 Billion By 2024: Grand View Research, Inc.

The global antimicrobial packaging market is expected to reach USD 11.92 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for confectionery & bakery products is expected to drive the global antimicrobial packaging market. Apart from bakery products, these agents are widely used in meat, poultry, seafood grain seeds, fruits, and vegetables.

Antimicrobial packaging releases active agents into food products which help to inhibit the growth of microorganisms and increase the shelf life. These releasing compounds maintain the food quality and reduce the need for preservatives and additives.

Antimicrobial active packaging is widely used in healthcare applications. These elements are specifically used to protect the plastic products, tablets and medical equipment against bacteria & fungal growth. Antimicrobial preservatives such as ethanol, phenol, cresol, parabens and bronopol can be added to pharmaceutical products to protect against microbial contamination.

However, antimicrobial agents derived from synthetic pathogenic sources are not found to satisfy consumers as they demand products extracted from natural sources. Such a factor is expected to hinder the overall market growth over the next eight years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/antimicrobial-packaging-market

Further key findings from the report suggest:

  • The global antimicrobial packaging market demand was 6.51 million tons in 2015 and is expected to reach 10.09 million tons by 2024, growing at a CAGR of 5.0% from 2016 to 2024
  • Plastics were the leading base material used for antimicrobial packaging and accounted for 64.8% of total volume in 2015. Biopolymers are expected to witness the highest growth of 6.3% over the forecast period owing to its good physical, mechanical and chemical properties. In addition, they are recognized as an asset to waste processing.
  • Organic acid were the leading antimicrobial agents consumed and accounted for 37.3% of total market volume in 2015. Bacteriocins are expected to witness the highest growth of 5.4% over the forecast period.
  • Pouches emerged as the most dominant pack product and accounted for 39.2% of global volume in 2015. The segment is expected to witness similar trend in the near future due to its usage across different industries. Pouches are also expected to witness the highest growth of 5.5% over the forecast period.
  • Food & beverages were the most dominant application segment and accounted for 44.5% of total market volume in 2015. Stringent regulations regarding food safety across various regional markets have led to the increased penetration in the industry. The segment is also expected to witness the highest growth of 5.3% from 2016 to 2024. Moreover, controlled release packaging technology has been gaining wide importance for food packaging applications due to its impeccable response with respect to time.
  • Asia Pacific was the leading regional market and accounted for 33.3% of global demand in 2015. Busy lifestyle coupled with shifting preferences to consume ready to eat meals particularly in countries such as Japan, India and China has led to growth in the regional market. The region is also expected to witness the highest growth of 6.1% over the forecast period.
  • Key companies operating in the global market include Mondi Plc, BASF SE, Dow Chemicals, Dunmore Corporation, PolyOne Corporation, Linpac Senior Holdings, Bicote Corporation and Microban International. Agion Colorcon, a pharmaceutical company, is using a new antimicrobial product Agion Technologies, in their product line named No-Tox AM.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/food-safety-and-processing

Grand View Research has segmented the global antimicrobial packaging market on the basis of base material, antimicrobial agents, technology, pack type, application and region:

Antimicrobial Packaging Base Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Plastics
  • Biopolymers
  • Paperboard
  • Others

Antimicrobial Packaging Antimicrobial Agents Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Organic Acid
  • Bacteriocins
  • Others

Antimicrobial Packaging Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Active
  • Controlled release

Antimicrobial Packaging Pack Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024

  • Carton Packages
  • Pouches
  • Others

Antimicrobial Packaging Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Food & Beverage
  • Healthcare
  • Personal Care
  • Others

Antimicrobial Packaging Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • North America
    • S.
  • Europe
    • Germany
    • UK
    • Spain
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

 

Structural Heart Devices Market To Represent USD 9.1 Billion Opportunity Globally by 2025: Grand View Research, Inc.

The global structural heart devices market is expected to reach USD 9.1 billion by 2025, based on a new report by Grand View Research, Inc. The market is expected to witness an exponential growth over the next 8 years due to the rapid increase in cardiovascular conditions and increasing power of healthcare expenditure.

The defects are mostly present at birth, thereby directly affecting the under-5 mortality rate of a country. Therefore, rigorous actions are being undertaken by various government bodies across the globe to increase access to treatment. The Centers for Disease Control and Prevention have a public action plan to efficient management of cardiac conditions.

In addition, other organizations are working on improving the scenario for structural heart diseases treatment. For instance, in November 2016, the Cardiovascular Research Foundation (CRF) announced a launch of a journal focusing on diagnosis and treatment of structural heart defects. It was titled Structural Heart: The Journal of the Heart Team and is expected to be launched in May 2017. This is expected to trigger research & development activities along with capital invested in this field, resulting in technological advancements.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/structural-heart-devices-market

Further key findings from the study suggest:

  • Surgical Aortic Valve Replacement (SAVR) dominated the market in 2016, closely followed by Transcatheter Aortic Valve Replacement (TAVR). It can be attributed to the longest presence of the technique in the treatment regimen of aortic stenosis
  • Left Atrial Appendage Closure (LAAC) is anticipated to be one of the fastest growing segment owing to the minimally invasive nature of the procedure. It also helps in reduction of risk of stroke, thus is projected to have a higher demand
  • Geographically, North America held the largest market share in 2016 and is expected to maintain its position during the forecast period. High prevalence of cognitive heart diseases is the key reason for this dominance. Moreover, the mandatory CCHD screening for newborns imposed by the Centers for Disease Control and Prevention (CDC) and American Academy of Pediatrics (AAP) in September 2014 also contributes to the growth in this region
  • Asia Pacific is also expected to witness a rapid growth over the forecast period. The improved access and capability for treatments in this region is the key reason for this growth
  • Some of the key players are Medtronic, ST. JUDE MEDICAL, Boston Scientific Corporation, CardioKinetix, Comed BV, Edwards Lifesciences Corporation, LivaNova PLC, Abbott Laboratories, JenaValve Technology, Inc., and Biomerics

Read our blog on structural heart devices market – http://www.grandviewresearch.com/blog/structural-heart-devices-market-size-share

Grand View Research has segmented the structural heart devices market by type and region:

Type Outlook (Market Revenue in USD Million, 2014 – 2025)

  • SAVR
  • TAVR
  • Mitral Repair (Annuloplasty)
  • LAAC

Regional Outlook (Market Revenue in USD Million, 2014 – 2025)

  • North America
    • S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

Aluminum Composite Panel Market To Gain From Enhanced Demand In Construction And Infrastructure Industries Till 2025: Grand View Research, Inc.

The global aluminum composite panels market is expected to reach USD 8.26 billion by 2025, according to a new report by Grand View Research, Inc. The rapid growth of the construction and infrastructure industries, most notably in emerging regions, is expected to drive the growth of the aluminum composite panels (ACP) market over the coming years.

The growth in population and urbanization have resulted in increased demand for infrastructure development as well as residential construction, thereby increasing the pressure on the construction sector worldwide. The superior properties of ACPs, including corrosion resistance, wear resistance, and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry.

The widening application scope of ACP in the automotive industry is also expected to have significant impacts on the overall industry growth during the forecast period. The growing automotive production, mainly in China, Malaysia, Japan, Indonesia, and Taiwan, is expected to propel demand for the product in the automotive sector in Asia Pacific, wherein a majority of the automotive production in concentrated presently. The application of ACPs in automotive is expected to witness growth to the tune nearly 8%, in terms of revenue, in Asia Pacific during the forecast period.

ACPs in light commercial vehicles are expected to observe the highest growth over the forecast years, at an estimated CAGR of nearly 7% from 2016 to 2025. The increasing use of LCVs in the logistics & transportation industry propels the demand for LCVs worldwide. The application scope of ACPs in passenger cars is also expected to rise considerably over the coming years. In passenger cars, the major application areas for ACPs include side panels, door panels, and hoods.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/aluminum-composite-panel-market

Further key findings from the report suggest:

  • The global aluminum composite panels revenue exceeded USD 4,000 million in 2015 and is expected to grow significantly during the forecast years, mainly due to the rising application scope of the product in the construction industry worldwide
  • PVDF was recorded to be the largest product segment in 2015 and is estimated to generate revenue over USD 5,000 million by 2025; the large share of this segment can be attributed to superior product properties such as resistance to wear & tear, UV, corrosion, water, combined with low costs
  • The global demand in construction was over USD 4,000 million in 2015 and is anticipated to witness the highest growth over the forecast period; the rapid growth of the construction industry in emerging regions, on account of economic & industrial growth and urbanization, can be regarded as the major factor driving the aforementioned trend
  • In the automotive application segment, the cars segment emerged as the largest end-use segment in 2015, accounting for over 70% share of the overall revenues in 2015, mainly on account of the relatively higher production output associated with the segment, among all vehicle types
  • The industry in Asia Pacific is projected to witness substantial growth over the coming years, primarily due to the growing infrastructure development and construction activities in the region. The regional industry is slated to grow at a CAGR of 7.4% from 2016 to 2025, in terms of volume; the growth of the concerned industry in the region can be attributed to the rapid growth of construction and automotive industries in key countries
  • The major players in the industry include Alcoa, Interplast, Aludecor, Alubond U.S.A, and 3A Composites, together accounting for a major share in the global aluminum composite panels market.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the global aluminum composite panels market on the basis of product, application, and region:

Product Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 – 2025)

  • PVDF
  • Polyester
  • Laminating Coatings
  • Oxide Film
  • Others

Application Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 – 2025)

  • Construction
  • Automotive
  • Advertisement Boards
  • Railways
  • Others

Regional Outlook (Volume, Million Sq. Ft.; Revenue, USD Million, 2014 – 2025)

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information Visit – http://www.grandviewresearch.com/

Autoimmune Disease Diagnostics Market Size Was Valued At USD 3.3 Billion In The Year 2015 And Is Estimated To Reach A Value Of $5.0 Billion By 2025: Grand View Research, Inc.

The global autoimmune disease diagnostics market is expected to reach a value of USD 5.0 billion by 2025, based on a new report by Grand View Research, Inc. Government organizations along with related associations strive to curb such high healthcare costs and simultaneously provide improved diagnostic and therapeutic solutions to the patients. This has resulted in increased funding by the NIH for R&D programs related to autoimmune diseases.

Moreover, presence of favorable government initiatives aimed at curbing incidence of these diseases and developing viable diagnostic & treatment options is expected to drive market growth over the forecast period.

Growing volume of autoimmune diagnostic procedures has heightened the need for instruments and facilities rendering faster and effective results. In an attempt to cater to ever-increasing procedure volumes, diagnostic laboratories are rapidly moving toward automation. Lab automation helps decrease workload via rapid turnaround times and helps generate standardized & reproducible results.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/autoimmune-disease-diagnostics-industry

Further key findings from the study suggest:

  • Localized autoimmune disease diagnostics was the largest segment in 2015 owing to high usage for type 1 diabetes and idiopathic thrombocytopenic purpura
  • Type 1 diabetes is estimated to grow at a significant growth rate of over 4.0% in localized disease type segment
  • Systemic disease diagnostics is anticipated to witness lucrative CAGR of around 5.0% over the forecast period due to increasing R&D for the development of novel diagnostic biomarkers for the treatment of rheumatoid arthritis and systemic lupus erythematosus
  • Rheumatoid arthritis is one of the most recurring autoimmune disorders further demanding high amount of rapid diagnostics for exploring better alternative treatments
  • North America was the largest regional market in 2015. High market penetration rate of technologically advanced products and increased lab automation rate are some of the factors contributing to its large share
  • Asia Pacific region is anticipated to grow at the fastest CAGR of above 4.0% over the forecast period owing to increasing focus on type 1 diabetes diagnosis
  • Some of the key players of this market include F. Hoffmann-La Roche Ltd; Siemens Healthineers; Abbott Laboratories; Beckman Coulter, Inc.; SQI Diagnostics; Quest Diagnostics; EUROIMMUN AG; AESKU. Diagnostics; Inova Diagnostics, Inc.; Crescendo Bioscience, Inc.; bioMerieux SA; Bio-Rad Laboratories, Inc.; and Hemagen Diagnostics, Inc.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/clinical-diagnostics

Grand View Research has segmented the autoimmune disease diagnostics market by type and region:

Autoimmune Disease Diagnostics Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Systemic autoimmune disease diagnostics
    • Rheumatoid arthritis
    • Ankylosing spondylitis
    • Systemic lupus erythematosus (SLE)
    • Others
  • Localized autoimmune disease diagnostics
    • Multiple sclerosis
    • Type 1 diabetes
    • Hashimoto’s Thyroiditis
    • Idiopathic thrombocytopenic purpura
    • Others

Autoimmune Disease Diagnostics Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • South Africa

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit – http://www.grandviewresearch.com/

Audiology Devices Market To Represent USD 9,542.3 Million Opportunity Globally by 2020: Grand View Research, Inc.

The Global Audiology Devices Market is expected to reach USD 9,542.3 million by 2020, growing at an estimated CAGR of 5.0% from 2014 to 2020, according to a new study by Grand View Research, Inc. Introduction of technological advancements such as wireless devices, acceptance of these devices by the geriatric population along with increase in demand of cost-effective and efficient devices are some of the major drivers of this market. In addition, presence of untapped growth opportunities in emerging countries such as India, Brazil and China and the increasing health awareness are expected to serve this market as future growth opportunities.

Hearing aids dominated the overall market in terms of revenue share at 64.1% in 2013. High comfort rendered by these products, enhanced connectivity and enhanced user friendliness are some of the factors attributing to its high usage rates and subsequently large market share.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/audiology-devices-market

Further key findings from the study suggest:

  • Behind-the-Ear (BTE) aids dominated the hearing aid market by product in terms of share at over 55.5% in 2013 due to its ease of use and connectivity.
  • Europe was the largest regional market in 2013, accounting for over 40.0% of global revenue due to the increased prevalence of deafness coupled with the presence of high patient disposable incomes and sophisticated healthcare infrastructure.
  • Asia Pacific audiology devices market is expected to grow at the fastest CAGR of 7.4% from 2014 to 2020. Presence of unmet medical needs coupled with a regularly improving healthcare infrastructure coupled with growing population in emerging markets such as India and China are some of the factors attributing to its lucrative growth.
  • Cochlear implants are expected witness significant growth over the forecast period, owing to its high effectiveness in terms of sentence understanding. A cochlear implant achieves an average of 80% sentence understanding as compared to hearing aids with 10% sentence understanding.
  • Key industry participants of this market include William Demant Holdings A/S, GN ReSound Group, Sonova Holdings AG, Starkey Hearing Technologies, Siemens Healthcare and Widex A/S, Phonak, Audioscan, Cochlear Ltd., Interacoustics, ReSound, Rayovac, Advanced Bionics, MED-EL, Natus, Duracell, Grason-Stadler, Sophono, Oticon, MedRx, Power One, Austar Hearing, National Hearing Care, and NHC/Amplifon.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices

For the purpose of this study, Grand View Research has segmented the audiology devices market on the basis of product, technology and region:

  • Audiology Devices Product Outlook
              • Cochlear implants
                • Diagnostic devices
                        • Tympanometers
                        • Otoscopes
                        • Audiometers
                • Bone anchored hearing aid Open system
                • Hearing Aids Market by Products
                        • In-the-ear aids (ITE)
                        • Receiver-in-the-ear aids (RITE)
                        • Behind-the-ear aids (BTE)
                        • Canal hearing aids: in-the-canal (ITC), invisible-in-canal (IIC), completely-in-canal (CIC)
                • Hearing Aids Market by Technology
                        • Digital hearing aids
                        • Analog hearing aids
        • Audiology Devices Regional Outlook
                • North America
                • Europe
                • Asia Pacific
                • RoW

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit – http://www.grandviewresearch.com/

Automated Test Equipment Market Is Expected to Reach USD 4.48 Billion by 2020: Grand View Research, Inc.

The Global Automated Test Equipment Market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favorably impact the market.

Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/automated-test-equipment

Further key findings from the study suggest:

  • Non-memory ATE dominated the global market and accounted for over 75% of the overall market share in 2013. This is primarily due to increased proliferation of smartphones into the market, expansion of Long Term Evolution (LTE) wireless communication standard, increased automotive demand, and growing number of microcontroller-based applications.
  • IT & telecommunication accounted for over 50% of the overall market share in 2013, which can be attributed to the proliferation of computers, smartphones and tablets in the market and increased emphasis on effective communication. Automotive application sector is expected to witness significant growth owing to increased integration of sophisticated electronic devices in automobiles.
  • Asia Pacific is expected to be the market leader over the next six years, and accounted for over 70% of the market in 2013, owing to the presence of large number of semiconductor industries in the region and rapid technological advancements. RoW is expected to witness significant growth over the forecast period.
  • Key industry participants include National Instruments Corp., LTX-Credence Corporation, Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co., SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde & Schwarz GmbH & Co. KG among others.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

For the purpose of this study, Grand View Research has segmented the global Automated Test Equipment (ATE) market on the basis of product, application and region:

Automated Test Equipment Product Outlook (Revenue, 2012 – 2020)
            • Memory ATE
            • Non-memory ATE
            • Discrete ATE
Automated Test Equipment Application Outlook (Revenue, 2012 – 2020)
            • Automotive
            • Consumer
            • Defense
            • IT & Telecommunication
            • Others
Automated Test Equipment Regional Outlook (Revenue, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit – http://www.grandviewresearch.com/