The global animal health market size is expected to reach USD 64.6 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 5.5% during the forecast period. Rapid technological advancements in veterinary care are likely to provide an upthrust to the market. For instance, MediLabSecure, a laboratory network project, was initiated with an aim of identifying emerging viruses and pathogens in 19 countries in the Mediterranean regions. In addition, emergence of veterinary health information systems, specifically in developed economies, is poised to help the market gain significant momentum over the coming years.
With the help of these systems, data generated in veterinary clinics can be uploaded on the internet, which can be further shared with other researchers and clinicians. Incorporation of this technology will facilitate real-time analysis of fluctuations in disease prevalence. As a consequence of aforementioned factors, it is projected that there will be remarkable improvement in the overall penetration rate of animal health products, which is also anticipated to spur the growth of the market. Full Research Report On Global Animal Health Market Analysis: www.grandviewresearch.com/industry-analysis/animal-health-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/pharmaceuticals Grand View Research has segmented the global animal health market on the basis of animal type, product, distribution channel, end use, and region: Animal Health Animal Type Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-animal-health-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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The global single cell analysis market size is expected to reach USD 5.9 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 17.3% during the forecast period. High demand for early detection techniques and rapid technological advancements are creating a significant demand for single cell analysis. This technique is used in genomic, transcriptomic, proteomics, and epigenetic studies.
Single cell analytics helps assess cellular heterogeneity and aids in analysis of pathways and processes at a molecular level. It can be performed with samples as small as a single cell. Its current applications in diagnostics include genetic analysis, prenatal screening, cancer genomics, and neurological therapeutics. Rising prevalence of chronic diseases is anticipated to drive demand for molecular assay services, subsequently leading to the growth of this sector. Single cell analysis plays an important role in risk management related to organ transplants, cancer, heart failure, renal diseases, and infectious disease testing by performing fast, accurate, and effective tests. Full Research Report On Global Single Cell Analysis Market Analysis: www.grandviewresearch.com/industry-analysis/single-cell-analysis-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the global single cell analysis market on the basis of product, application, and region: Single Cell Analysis Product Type Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-single-cell-analysis-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 Glass Additives Market Surge Valuation Of $1.56 Billion By 2025: Grand View Research, Inc.8/30/2018 The global glass additives market is expected to reach USD 1.56 billion by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of colored and specialty glass in the packaging industry has been a major factor driving the glass additives market growth.
Rising demand from food & beverage industry in addition to the growing popularity for customized glass wares across industries such as pharmaceuticals, cosmetics, etc. are expected to contribute to the demand for glass packaging. High demand for glass packaging will, in turn, is projected to spur the glass additives industry. Demand for durable glass with enhanced properties such as water repellent, UV protection, anti-glare, etc. from automotive, electronics and construction industries has triggered the usage of metal oxides and nanoparticles during glass production. Utilization of additives in the glass helps in accelerating the manufacturing process thereby reducing the overall energy consumption. It also contributes in bringing down the total manufacturing costs. The glass industry is slowly reviving from the recent downturn. The industry witnessed the closure of many production units around the world during past decade. Most of the glass manufacturers are focusing on product differentiation and cost advantage. Use of additives helps these manufacturers for long-term existence. The additives industry is oligopolistic in nature with top few players holding a greater chunk of the market share. Some of the major players in the glass additives market include DuPont, Gillinder Glass, SCHOTT, Torrecid Group, and Nanobase. Full Research Report On Global Glass Additives Market By Grand View Research: www.grandviewresearch.com/industry-analysis/glass-additives-market Further key findings from the study suggest:
www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber Grand View Research has segmented the global glass additives market on the basis of product, end-use, and region: Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-glass-additives-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 The global immunoprotein diagnostic testing market is anticipated to reach USD 10.3 billion by 2025, according to a new report by Grand View Research, Inc. This growth can be attributed to the rising incidence of chronic diseases.
According to American Heart Association’s 2017 statistics, nearly 790,000 people experience heart attack every year in the U.S. In addition, stroke is responsible for 1 in every 20 deaths in the U.S. Hence, WHO is also taking initiatives to reduce the risk of cardiovascular diseases. As a result of the aforementioned factors, the demand for immunoprotein diagnostics is expected to rise in order to facilitate rapid diagnosis. According to WHO, nearly 1.69 million deaths due to lung cancer were registered in 2015 throughout the world. Hence, fast and accurate diagnosis of such chronic diseases has become important to reduce the high mortality rate. Immunoprotein diagnostic devices and reagents have proved to be highly effective in rapidly detecting chronic diseases. Technological advancements in the field of immunoprotein diagnostics have led to introduction of novel products. For instance, LIAISON XL, manufactured by DiaSorin, is a fully automated chemiluminescence analyzer that facilitates complete sample processing. It also measures and evaluates testing samples, thereby, enhancing the efficiency and throughput of the system. Browse Full Research Report By Grand View Research: https://www.grandviewresearch.com/industry-analysis/immunoprotein-diagnostic-testing-industry Further key findings from the study suggest: · In 2016, immunoglobulin tests dominated the market owing to their frequent usage by healthcare professionals for diagnosing infectious or autoimmune disorders · C-Reactive Protein (CRP) tests held a significant market share in 2016 due to the broad product portfolio of these assays and reagents · Infectious disease testing held largest market share in 2016 owing to the increasing prevalence of infectious diseases and high applications of immunoprotein tests · Enzyme-based immunoassays dominated the market in 2016 due to their frequent usage and availability of large number of products that possess this technology · Chemiluminescence assay is anticipated to witness highest growth over the forecast period due to its high sensitivity and specificity · North America dominated the market in 2016 due to rising prevalence of cancer & increase in mortality due to cancer-related diseases and favorable healthcare reimbursement scenario in the U.S. · Some of the key players are Bio-Rad Laboratories, Inc.; F. Hoffmann-La Roche AG; Abbott Laboratories; Enzo Biochem, Inc.; Thermo Fisher Scientific, Inc.; DiaSorin S.p.A; bioMérieux SA; and Siemens Healthcare GmbH Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology Grand View Research has segmented the immunoprotein diagnostic testing market on the basis of test type, application, technology, and region: Immunoprotein Diagnostic Testing Test Type Outlook (Revenue, USD Million, 2014 - 2025)
http://www.grandviewresearch.com/press-release/global-immunoprotein-diagnostic-testing-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:http://www.grandviewresearch.com The global elemental analysis market is expected to reach USD 2.02 billion by 2025, growing at a CAGR of 6.2%, according to a new report by Grand View Research, Inc. The market is primarily driven by amendments in the ICH (International Council for Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use) regulations that mandate use of elemental analysis for finished medical products, including pharmaceuticals.
Many manufacturers of elemental analyzers invest in R&D of new and technologically advanced products. In addition to their expenses for R&D, many key players launched new products in the market in the past 3 years. For instance, in May 2016, Agilent Technologies launched Agilent 5110 ICP-OES, which was designed to enable scientists perform fast and precise elemental analysis of pharmaceuticals and food products along with mining, industrial, and environmental analysis. In addition, in many countries, the limit of heavy metals/trace elements is regulated by their respective pharmacopeias. For instance, United States, Japanese, and European pharmacopeias limit the amount of trace elements in finished pharmaceutical products. Furthermore, elemental analysis is a crucial step before commercial launch of a medical product in the market. North America held the largest market share in 2016. Local presence of large number of manufacturers, regulation of limits of trace elements/heavy metals by United States Pharmacopeia (USP), and ongoing research for development of new products are major factors responsible for the largest share held by this region. However, Asia Pacific is likely to grow at the highest rate between 2017 and 2025. Rise in interest of market players to expand their business in Asia Pacific, growing awareness on safety of pharmaceuticals, and increase in expenditure by local pharmaceutical companies on elemental analyzers are factors that can be attributed for the highest growth rate of Asia Pacific region during the forecast period. Full Research Report On Global Elemental Analysis Market By Grand View Research: www.grandviewresearch.com/industry-analysis/elemental-analysis-market Further key findings from the study suggest:
www.grandviewresearch.com/industry/medical-devices Grand View Research, Inc. has segmented the elemental analysis market on the basis of type of elements analyzed, technologies used, and region: Elemental Analysis Type of Elements Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-elemental-analysis-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 Drug Discovery Outsourcing Market Holds Growth of $4.4 Billion By 2025: Grand View Research, Inc.8/30/2018 The global drug discovery outsourcing market size is expected to reach USD 4.44 billion by 2025 at an 8.14% CAGR, according to a new report by Grand View Research, Inc. Urging need to identify potential drug candidates for various chronic diseases is anticipated to fuel growth.
Technological advances in in silico drug designing and accelerating integration of Artificial Intelligence (AI) in drug discovery are driving industry progress. Multiple applications of AI algorithms in drug design and discovery provide opportunities for players to offer specialized drug discovery services. It is useful for processes such as target and compound selection, predictive analytics, screening, and drug repurposing. Projected rise in adoption of outsourcing over the forecast period is expected to boost market revenue generation. Half of the drug discovery processes are anticipated to be outsourced, thereby creating massive opportunities for CROs, CMOs, and CDMOs to expand their market presence. Number of collaborations among these organizations, key pharmaceutical players, and several universities has increased over the past few years. This rise in alliance further supports the projected increase in growth potential. High cost and high risk of drug failure are major challenges faced in drug discovery. However, advances in technology that increase efficiency of drug discovery, coupled with increased adoption of highly advanced technology to provide specialized services, allow outsourcing companies to overcome these challenges. Full Research Report On Global Drug Discovery Outsourcing Market By Grand View Research: www.grandviewresearch.com/industry-analysis/drug-discovery-outsourcing-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/pharmaceuticals Grand View Research has segmented the global drug discovery outsourcing market on the basis of workflow, therapeutic area, drug type, and region: Drug Discovery Outsourcing Workflow Outlook (Revenue, USD Million, 2013 - 2025)
www.grandviewresearch.com/press-release/global-drug-discovery-outsourcing-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 Bathroom and Toilet Assist Devices Market | Industry Growth, Trends and Forecast Upto 20258/30/2018 The global bathroom and toilet assist devices market size is expected to reach USD 6.0 billion by 2025 at a 6.2% CAGR, according to a new report by Grand View Research, Inc. Growth in prevalence of chronic diseases, coupled with aging population, has resulted in a rise in individuals with various disabilities. This has significantly driven the global market.
Aging demographics has created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet assist devices. In addition, rising disposable income and government support toward home healthcare is supporting market growth. On the other hand, longer product life cycle is primarily challenging the growth of the market. In addition, reusability of these devices is restraining revenue generation. However, growth in demand for these devices is predicted to lower the effect of the above-mentioned factors. Full Research Report On Global Bathroom and Toilet Assist Devices Market By Grand View Research: www.grandviewresearch.com/industry-analysis/bathroom-toilet-assist-devices-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the global bathroom and toilet assist devices market on the basis of product and region: Bathroom and Toilet Assist Devices Product Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-bathroom-toilet-assist-devices-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 The antibacterial glass market is anticipated to be worth USD 222.0 million by 2020. Growing number of hospital acquired and nosocomial infections has increased the risk which is expected to propel growth. It eliminates majority of the bacteria that may form on its surface and also prevents spread of fungi. It is used primarily in spaces which require high degree of hygiene and sterile environment. In addition, rising demand for smartphones fitted with anti-microbial glass is projected to fuel demand for anti-bacterial glass. The product offers an architectural solution for prevention of infections which is further expected to drive product demand in healthcare settings.
Rising demand for medical device coatings is projected to positively impact the growth over the forecast period. However, low consumer awareness regarding the benefits offered by these products is expected to restrain demand over the forecast period. Technological advancements including the development of antibacterial glass for touch screen displays by U.S. based Corning is expected to present growth opportunities for other industry players, thereby propelling the growth of the overall industry. Silver was the most dominant active ingredient used and accounted for over 90% of market share in 2013. It is projected to grow at a CAGR of over 6% over the forecast period making it the fastest growing active ingredient segment. Various properties of silver including toxicity to micro-organism and imparting anti-bacterial properties is likely to propel demand over the next six years. Full Research Report On Global Antibacterial Glass Market Analysis: www.grandviewresearch.com/industry-analysis/antibacterial-glass-industry Hospitals accounted for more than 38% of the global market in 2013 and are expected to grow at a CAGR of more than 6.5% over the forecast period. Rising need for sterile environment particularly in vulnerable spaces such as geriatric wards and ICU’s, hospitals are expected to be the key application areas. Europe accounted for more than 55% of revenue in 2013. This trend is expected to continue over the forecast period due to increasing consumer awareness regarding product benefits. It is expected to witness substantial growth over the forecast period at a CAGR of more than 6.5% due to presence major industry participants in the region. Key companies in the industry include Corning Inc., Saint Gobain, Nippon Sheet Glass, Essex Safety Glass Ltd., Archello, Morley Glass & Glazing Ltd, Sprinz and AGC Glass Europe. The industry is characterized by price sensitivity and is consolidated in nature. Product innovation is expected to be key growth driving strategy ove View more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber Grand View Research has segmented the global antibacterial glass market on the basis of product and region: Antibacterial Glass Active Ingredient Outlook (Revenue, USD Million, 2012 - 2020)
www.grandviewresearch.com/press-release/global-antibacterial-glass-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 The global compressor oil market is expected to reach USD 97.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period.
Various attributes of compressor oil such as cooling, sealing and lubricating the internal components which ensure continuous operation and helps in reducing downtime and repair is also expected to drive its demand. Moreover, these lubricants maintain the equipment temperature and therefore keep them cool. The equipment heating results in higher power consumption and wear & tear of the machine. Cost optimization practices adopted by various manufacturing companies are also expected to drive demand for compressor oil. It is observed that organizations have been implementing continuous improvement projects to reduce power consumption & maintain continuous operational flow undertake good lubrication practices. Positive displacement based products are widely used in industries owing to their high performance and low maintenance cost. Therefore, the segment accounted for the majority of compressor oil consumed globally. Demand for positive displacement type is expected to develop at an approximate CAGR of 5.0% from 2016 to 2024. Full Research Report On Global Compressor Oil Market Analysis: www.grandviewresearch.com/industry-analysis/compressor-oil-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives Grand View Research has segmented the compressor oil market on the basis of compressor type, base oil, end-use and region: Global Compressor Oil Compressor Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)
www.grandviewresearch.com/press-release/global-compressor-oil-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 The global cerium oxide nanoparticles market is expected to reach USD 1.04 billion by 2025, according to a new report by Grand View Research, Inc. Strong demand from sectors such as construction and automobiles, increasing research and technological advancements is expected to benefit the market demand.
Regarding application, energy storage dominated the segment and is expected to grow at a CAGR of 14.7% from 2017 to 2025. Cerium oxide nanoparticles is widely used as catalyst converters and fuel additive which enables to decrease the burnout time, reduce ignition time and peak temperature in automotive industry. These advantages coupled with the growth of automotive industry is expected to favor market growth over the next eight years. The chemical product has capability to act as UV refractors in sunscreen as they absorb and neutralize organophosphates (Ops). Moreover, it also enhances the quality of the personal care products. Cerium oxide nanoparticles are used in the manufacturing of energy storage products, personal care products, pharmaceutical products and as a polishing agent for glass industry. The broad application portfolio has benefitted the chemical demand in the recent past, and this scenario is expected to continue over the forecast period. Companies have adopted strategies to make aware the consumers about benefits of cerium oxide nanoparticles by performing cerium oxide test in the optical polishing laboratory. In addition, companies are also trying to optimize their production process to obtain a high grade of the product. Full Research Report On Global Cerium Oxide Nanoparticles Market Analysis: www.grandviewresearch.com/industry-analysis/cerium-oxide-nanoparticles-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/nanoparticles Grand View Research has segmented the global cerium oxide nanoparticles market on the basis of application, and region: Cerium Oxide Nanoparticles Application Outlook (Revenue, USD Million; Volume kilo tons, 2014 - 2025)
www.grandviewresearch.com/press-release/global-cerium-oxide-nanoparticles-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 Electric Water Heaters Market Scale To Reach $29.32 Billion By 2022: Grand View Research, Inc.8/29/2018 The global electric water heaters market is expected to reach USD 29.32 billion by 2022, according to a new study by Grand View Research, Inc. Increasing residential and commercial projects worldwide is expected to drive market demand over the forecast period. Rising disposable income and preference for tankless heaters may further fuel the electric water heaters market.
Growing awareness for automated temperature control, energy efficiency and environmental sustainability is estimated to favor tankless heaters demand. Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth. Rising electricity prices, volatile raw material prices and growing preference for solar water heaters may restrain market growth over the forecast period. Full Research Report On Global Electric Water Heaters Market Analysis: www.grandviewresearch.com/industry-analysis/electric-water-heaters-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/hvac-and-construction-technologies Grand View Research has segmented the electric water heaters market on the basis of product, application and region: Electric Water Heaters Product Outlook (Volume, Million Units & Revenue, USD Million; 2012 - 2022)
www.grandviewresearch.com/press-release/global-electric-water-heaters-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 The global system integration market is expected to reach USD 528.2 billion by 2025, according to a new report by Grand View Research, Inc. Increased spending on system integration solutions, by the key players in the market, has enriched the IT infrastructure and subsequently eliminated redundancies. The growing requirement for eradicating heterogeneity, multiplicity, and fluctuating distinctiveness of vital applications & infrastructures is anticipated to fuel the system integration market over the forecast period.
The growing espousal of cloud computing along with numerous developments in virtual technologies is projected to trigger the adoption of system integration solutions. Technological advancements, such as Cloud Service Brokerage (CSB), Building Energy Management Systems (BEMS), Cyber-Physical System (CPS), and clinical integration, are anticipated to offer new opportunities for market growth. The system integration market is projected to witness high growth over the forecast period, owing to the recurrent need for open and distributed architectures across the globe. However, high implementation costs may dissuade SMEs and start-ups from adopting system management solutions. Full Research Report On Global System Integration Market By Grand View Research: www.grandviewresearch.com/industry-analysis/system-integration-market Further key findings from the study suggest:
www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software Grand View Research has segmented the global system integration market based on services, end-use, and region: System Integration Services Outlook (Revenue, USD Million; 2014-2025)
www.grandviewresearch.com/press-release/global-system-integration-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 The global aircraft seat actuation systems market size is expected to reach USD 656.9 million by 2024, according to a new study by Grand View Research, Inc., registering a CAGR of 14.1% during the forecast period. The market is anticipated to witness significant growth owing to rising demand for lightweight seats in airplanes. In addition, increasing need for aircraft seats with optimized strength-to-weight ratio is expected to promote market growth.
Market players are using lighter materials to decrease overall weight of airplanes. The weight of an aircraft impacts its fuel efficiency, which is known to contribute to more than one-third of fleet operating costs. The industry is anticipated to gain substantially owing to rise in demand for developing lighter and More Electric Aircraft (MEA). Lighter aircraft facilitate in achieving high fuel efficiency and subsequently help in minimizing operational costs. In addition, rise in disposable income among general public across the globe is contributing significantly in propelling demand for premium air travel. The market foresees several growth opportunities in the Asia Pacific and Latin America regions owing to presence of several emerging economies such as India, China, South Korea, and Brazil. Full Research Report On Global Aircraft Seat Actuation Systems Market By Grand View Research: www.grandviewresearch.com/industry-analysis/aircraft-seat-actuation-systems-market Further key findings from the study suggest:
www.grandviewresearch.com/industry/automotive-and-transportation Grand View Research has segmented the global aircraft seat actuation systems market report on the basis of passenger class, mechanism, actuator type, and region: Aircraft Seat Actuation Systems Passenger Class Outlook (Revenue, USD Million, 2014 - 2024)
www.grandviewresearch.com/press-release/global-aircraft-seat-actuation-systems-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 Bioactive Ingredient Market Likely To Reach $51.71 Billion By 2024: Grand View Research, Inc.8/28/2018 The global bioactive ingredient market is expected to reach USD 51.71 billion by 2024, according to a new report by Grand View Research, Inc. Increasing disposable income coupled with growing health awareness among consumers is expected to aid the market growth. Their functional properties are capable of acting on the human metabolism physiology by providing potential health benefits.
The extraction of these bioactive compounds from original sources provides ample opportunities for adding value to food products and also improves the dietary patterns of the changed consumer’s lifestyle. They also help in preventing diseases related to heart, cancer, degenerative forms and Alzheimer’s. Marine environment is a significant source for yielding bioactive components. Consumption of long-chain fatty acids by some fish species is strongly associated with protection from coronary heart diseases (CHD). Fish Origin Omega 3 PUFA oil are claimed to have a lot of health benefits related to a person’s diet. Recently, it has been reported that there is an increasing demand for fish oils and fish oil fortified products across various regions. Marine organisms are potentially identified for calcium, antioxidants, anti-hypertensive proteins, selenium, and chitin. Their usage in functional food segment is regarded as the most important part and is expected to affect the overall market over the next eight years. However, extraction of medicines derived from plants is affecting the environment by causing deforestation and is expected to affect the industry critically over the forecast period. Also, to meet the rising consumer's interest for these products, manufacturers is putting a lot of pressure on the marine organisms. Recent technological advances such as microencapsulation are adopted for protecting bioactive ingredients from unwanted reactions and oxidation. There is a rising demand among manufacturers to find suitable solutions that provide higher productivity and adequate quality of the final products. Full Research Report On Global Bioactive Ingredient Market By Grand View Research: www.grandviewresearch.com/industry-analysis/bioactive-ingredients-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements Grand View Research has segmented the bioactive ingredient market on the basis of product, application and region: Global Bioactive Ingredients Product Outlook (Revenue, USD Billion, 2014 - 2024)
www.grandviewresearch.com/press-release/global-bioactive-ingredients-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 The global hydrophilic coatings market size is expected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for hydrophilic coatings in medical and automotive application is expected to complement market growth over the forecast period.
The demand for hydrophilic coatings is high in medical devices and equipment industry as the industry consumes a significant amount of the overall coatings manufactured. The product creates a lubricious surface resulting in the reduction of medical device stiction, thereby aiding the device positioning by reducing the risk of infection. As a result, the demand for the product is expected to grow significantly over the forecast period. The surface wettability of materials plays a key role in ensuring the safety and comfort of the drivers, irrespective of the weather conditions. As a result, the hydrophilic coatings are applied on the windshields and mirrors of the vehicles. In addition, the coating generates a good water run-off which enables its use in the evaporators of automotive systems, driving its demand in automotive industry. The hydrophilic coating market is highly competitive on account of low product differentiation. The major players in the market including Biocoat Inc., Aculon Inc., Harland Medical Systems Inc. and Surmodics Incorporated are constantly undergoing strategic alliances and diverse product innovations to gain market share. Full Research Report On Global Hydrophilic Coatings Market By Grand View Research: www.grandviewresearch.com/industry-analysis/hydrophilic-coatings-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/paints-coatings-and-printing-inks Grand View Research has segmented the hydrophilic coatings market on the basis of substrate, application and region: Hydrophilic Coatings Substrate Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
www.grandviewresearch.com/press-release/global-hydrophilic-coatings-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 India palm oil market size is anticipated to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc Refined derivatives are widely being utilized in food owing to their lower price in comparison to other conventional edible oils derived from groundnut, soybean and sunflower.
Rapid urbanization, and changing lifestyles backed by increasing disposable income in India have influenced consumption trends of consumers. Increasing consumption in food & beverages and cosmetics industry is a key factor likely to boost overall growth. A positive factor in the Indian production scenario is a significant growth in the acreage, which registered a CAGR of approximately 20% over the past five years. Improving yield coupled with reducing wastage during production by has created improved business environment in India. In order to encourage domestic cultivation, the government provides subsidies of up to INR 7,000 per hectare for farmers. Furthermore, to ease capital inflows, the government also allowed 100% FDI through automatic route. The lubricants segment is anticipated to exhibit steady growth owing to increasing demand for numerous commercial and industrial products including detergents, soaps, shampoos and cleaners. Full Research Report On India Palm Oil Market By Grand View Research: www.grandviewresearch.com/industry-analysis/indian-palm-oil-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/renewable-chemicals Grand View Research has segmented the India palm oil market on the basis of product and application: India Palm Oil Product Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)
www.grandviewresearch.com/press-release/indian-palm-oil-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 The global healthcare mobility solutions market is expected to reach USD 227.1 billion by 2025, according to a new study by Grand View Research, Inc. The market is driven by increasing demand for digitalization of healthcare. Rising health-related expenditure is the biggest issue many countries are facing nowadays. Hospitals are struggling to provide quality care and cost-effective services to patients. Moreover, political instability, lack of proactive initiatives, and economic stress are the factors questioning the R&D funding in developing nations.
Despite sufficient funding and insurance programs, there has been a constant increase in health expenditure in the U.S., affecting services offered by providers. To overcome this, healthcare mobility services are the best solutions, which is anticipated to propel the demand for these devices. Full Research Report On Global Healthcare Mobility Solutions Market Analysis: www.grandviewresearch.com/industry-analysis/healthcare-mobility-solutions-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/healthcare-it Grand View Research has segmented the healthcare mobility solutions market on the basis of product & services, application, end-use and region: Healthcare Mobility Solutions Product & Service Outlook (Revenue, USD Billion, 2014 - 2025)
www.grandviewresearch.com/press-release/global-healthcare-mobility-solutions-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For more information: www.grandviewresearch.com The global base oil market is expected to reach USD 40.47 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for industrial lubricants, greases, hydraulic fluids, and metal working fluids made from raw stock fluids such as base oil is anticipated to remain a key driving factor for the market growth.
The shifting trend towards adoption of Group II and Group III base oil owing to the shutdown of Group I oil production facilities in Europe, and Asia Pacific is anticipated to fuel industry growth significantly. Rapid expansion in the automotive sector in emerging Asian countries such as China, India, Indonesia, and Thailand is expected to boost demand at a rapid pace. The increasing demand for automotive fluids is owing to excellent properties such as improved oxidative stability, increased viscosity index, high level of saturation and low sulfur content. Group II base oil accounted for over 20% of overall volume in 2015. They are manufactured by the hydro-cracking process, and it has high saturated and low sulfur than compared to Group I products. Full Research Report On Global Base Oil Market Analysis: www.grandviewresearch.com/industry-analysis/base-oil-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives Grand View Research has segmented the base oil market on the basis of product, application and region: Global Base Oil Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
www.grandviewresearch.com/press-release/global-base-oil-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 The global drill pipes market is expected to reach USD 1.31 billion by 2025, according to a new report by Grand View Research, Inc. Increasing innovation regarding improving product strength is a major trend in the industry. Industry players are focused on developing new technologies and raw materials for better performance in all type of drilling conditions including onshore and offshore remote oil and gas fields.
However, the dip in the crude oil prices over the last two years has restricted the market growth. Rig rental capital is declining in the offshore market, and customers have significantly higher bargaining power in negotiating new contracts and extensions, leading to lower day rates and an oversupply of rigs. API grade drill pipes held the largest share in global demand and are expected to continue their dominance over the forecast period. Standardization of the finished products along with the relatively low prices of this grade are anticipated to promote market penetration. Utilizing these products also ensure reduced operational cost to the E&P and operator companies. API grade products are mostly preferred in normal environments and conventional basins owing to the easy availability and reduced OpEx to both E&P and contractor companies. Exploration in unconventional and harsh environmental conditions particularly in shale, CBM, and tight reserves are expected to steer premium grade drill pipes demand over the forecast period. Full Research Report On Global Drill Pipes Market Analysis: www.grandviewresearch.com/industry-analysis/drill-pipe-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/construction-and-utilities Grand View Research has segmented the global drill pipes market on the basis of grade, application and region: Global Drill Pipes Grade Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-pea-proteins-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 Hydrogen Generation Market Likely To Reach $180.2 Billion By 2025: Grand View Research, Inc.8/24/2018 The global hydrogen generation market size is predicted to be valued at USD 180.2 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% over the forecast period. Rising demand for renewable sources of energy and safe fuels is projected to boost market growth.
Increasing adoption of hydrogen and awareness toward importance of energy conservation are expected to boost the global market for hydrogen generation by 2025. Rising efforts to shift focus from fossil fuels to renewable fuels is expected to further propel market expansion. Numerous countries are introducing stringent regulations to significantly reduce indiscriminate use of conventional fuels responsible for excessive greenhouse gas emissions. Hydrogen is among the most abundantly available elements on earth and it plays an important role in agriculture, fertilizer and chemical manufacturing, and pharmaceutical production among others. Over the next two decades, hydrogen is expected to be on par with electricity as an effective energy carrier. It is safely derived from renewable sources of energy and is effective in reducing emissions. The merchant segment includes both small and large dealers, wholesalers, and companies deriving hydrogen as an excess byproduct. In terms of volume, captive hydrogen is the fastest growing segment with a CAGR of 9.2%. Captive is defined as on-site hydrogen generation, which eliminates numerous problems linked to conveyance and distribution of hydrogen. Therefore, the market is expected to grow substantially in future. In terms of application, the steam methane reforming segment accounted for 68.8% of the global hydrogen generation market volume in 2016. In this method, methane containing raw material like natural gas is heated at a temperature between 700°C to 1,000°C, which produces hydrogen as a by-product. The coal gasification technology segment is anticipated to expand at a steady CAGR over the forecast period.Gasification of coal is one of the processes applied to produce liquid fuels, power, hydrogen, and chemicals. Full Research Report On Global Hydrogen Generation Market Analysis: www.grandviewresearch.com/industry-analysis/hydrogen-generation-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/renewable-energy Grand View Research has segmented the global hydrogen generation market on the basis of technology, application, system, and region: Hydrogen Generation Technology Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2014 - 2025)
www.grandviewresearch.com/press-release/global-hydrogen-generation-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 Industrial Hemp Market Is Poised To Reach Around $10.6 Billion By 2025: Grand View Research, Inc.8/24/2018 The global industrial hemp market size is expected to reach USD 10.6 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.0% during the forecast period. Rising demand for oil in food and beverages owing to growing awareness regarding dietary advantages of hempseed and oil is expected to propel demand.
Growing population and rising disposable income are expected to result in an increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products. These factors are expected to be key driving factors for the market over the projected period. Increasing R&D activities to develop perfect agronomy and new genetics of crops to obtain high yield and improved product quality have a positive impact on hemp production. Companies in the market operate with fiber treatment technology to make fibers water repellant, fire retardant, absorptive, and super soft, which is expected to drive demand. Industrial hemp is an agricultural commodity and is highly dependent on climatic conditions, regulatory tolerance, and availability of labor. Countries such as China, the world’s leading producer of the crop, have never restricted cultivation and have an advantage of inexpensive labor. However, oversupply is likely to be a major concern for manufacturers over the forecast period. Full Research Report On Global Industrial Hemp Market Analysis: www.grandviewresearch.com/industry-analysis/industrial-hemp-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances Grand View Research has segmented the global industrial hemp market on the basis of product, application, and region: Industrial Hemp Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-industrial-hemp-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 Automated Dispensing Machine Market Likely To Reach $5.5 Billion By 2024: Grand View Research, Inc.8/23/2018 The global automated dispensing machine market was valued at USD 2.9 billion in 2015 and is expected to reach a value of USD 5.5 billion by 2024, according to a new report by Grand View Research, Inc. The growing pressure on the pharmaceuticals due to reimbursement reduction and rapidly growing drug prices leads to inefficient supply chain and inventory management. The growing demand for automated systems, such as RFID cabinet and barcodes, facilitates real-time inventory and stock management, which is one of the pivotal factors expected to drive the market in the coming years.
Furthermore, the increase in global geriatric population and prevalence of various chronic diseases, as well as high rates of hospitalization are some of the factors increasing the burden on pharmacy of hospitals and retail drug stores. Upsurge in number of prescriptions and lack of skilled pharmacist are also few factors expected to boost automation in the medication dispensing system. There is increasing demand for technologically advanced medication dispensing systems to mitigate long waiting hours for stock replenishment and drug mismanagement, which is one of the crucial factors expected to drive the usage rate of pharmacy automation system, such dispensing, storage, and retrieval. Based on the 2011 ASHP national survey of pharmacy practice in hospital settings, it was stated that approximately 89% of the hospitals are using automated dispensing cabinets and over 10% of the hospitals are using robots. According to a survey conducted by Society of Actuaries, it was found that measurable medication errors cost USD 20 billion to the U.S. economy, while majority of these errors could have been easily avoided. Increase in medication dispensing errors is a significant factor driving the number of adverse drug reactions, which may lead to severe deterioration of the patient’s health and may also lead to death; this is expected to drive the demand in the coming years. For instance, in the U.S., data published by the Institute of Medicine states that around 7,000 deaths each year can be attributed to medication errors. Full Research Report On Global Automated Dispensing Machine Market Analysis: www.grandviewresearch.com/industry-analysis/automated-dispensing-machine-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the automated dispensing machine market by operation, application, end use, and region: Application outlook (Market revenue in USD Million, 2013 - 2024)
www.grandviewresearch.com/press-release/global-automated-dispensing-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 Neurorehabilitation Devices Market Size To Cross USD 3.2 Billion By 2024: Grand View Research, Inc.8/23/2018 The global neurorehabilitation devices market in 2015 was valued at USD 915.1 million and is estimated to reach USD 3.2 billion by 2024. Around 1 billion people are suffering from neurological disorders across the globe. These neurological disorders are resulting in increased movement disabilities. The increasing prevalence of movement disability, attributed to various neurological disorders (multiple sclerosis, stroke, etc) along with need for comprehensive management is the key factors driving the market growth.
Every year around 15 million people suffer from stroke globally, of which 5 million people are affected by permanent disability. Each year Multiple sclerosis and Parkinson’s disease affect 2.5 million and 10 million patients respectively worldwide. The increasing prevalence and incidence rates of neurological disorders create a huge demand for neurorehab devices, as they ensure simplification of routine tasks for the disabled patients by reducing their dependency on others. Furthermore, the rising awareness of neurorehab services among the care providers is contributing to the increasing adoption of these devices. In addition, consistent technological advancements are leading to introduction and commercialization of novel products in this sector. Majority of the manufacturers and distributors of neurorehab platforms are headquartered in North America region. North America dominates the market followed by Europe attributed to the rising awareness and increased adoption of novel technologies in these regions. Asia Pacific is growing at the highest CAGR among all the regions due to increasing target population and improving healthcare infrastructure. Despite fluctuating economic conditions across different geographical regions coupled with the respective regulatory pressures, the companies offering neurorehab devices and services are exhibiting adaptability and efficacy. Some of the key market players are Bioness, Inc., Ectron Ltd., Hocoma AG, Medtronic, and Tyromotion. Collaborations for novel product development and strengthening of distribution networks constitute some of the strategic initiatives implemented by key players. For instance, Ectron Ltd. has collaborated with Bioness, Inc. and Tyromotion for distribution of their products across different geographical regions. Full Research Report On Global Neurorehabilitation Devices Market Analysis: www.grandviewresearch.com/industry-analysis/neurorehabilitation-devices-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the neurorehabilitation devices market by products, therapy area, and region: Products Outlook (Market revenue in USD Million, 2013 - 2024)
www.grandviewresearch.com/press-release/global-neurorehabilitation-devices-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 The global sand blasting machines market is expected to reach USD 441.1 million by 2020, according to a new study by Grand View Research, Inc. Breakthroughs in robotic sand blasting technology as a result of investments by key industry participants is expected to drive the market over the forecast period. Increased demand from end-use industries such as construction, automotive, and aerospace is expected to favorably impact market growth.
Shot blasting machines have replaced sand blasting machines in several applications to alleviate the risk of lung diseases caused due to inhalation of silica, which may pose a challenge to market growth. Governments of many countries such as the U.S., UK and Turkey have restricted the use of blast cleaning abrasives containing more than 0.1% free silica, which may hamper demand over the next six years. Full Research Report On Global Sand Blasting Machines Market Analysis: www.grandviewresearch.com/industry-analysis/sand-blasting-machines-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/hvac-and-construction-technologies Grand View Research has segmented the global sand blasting machines market on the basis of product and region: Sand Blasting Machines Product Outlook (Volume, Unit Shipments & Revenue, USD Million; 2012 - 2020)
www.grandviewresearch.com/press-release/global-sand-blasting-machines-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 Mining Automation Market Is Poised To Reach Around $6.2 Billion By 2025: Grand View Research, Inc.8/23/2018 The global mining automation market size is expected to reach USD 6.2 billion by 2025 at a CAGR of 7.3% during the forecast period, according to a report by Grand View Research, Inc. Increasing need to enhance accuracy and productivity of mining operations is expected to drive market growth.
Need for optimizing production costs, reducing human intervention, and changing the mining landscape are key growth-driving factors for the market. Increasing investment in digital technologies, including analytics and human-machine interactions, is also expected to be one of the key factors boosting industry growth. Furthermore, complex stages involved in supply chain activities and growing sophistication in mining operations are driving the need for automation and robotics technology in this sector. Growing automation has led to adoption of drones as a step toward the evolution of unmanned and aerial data collection technology in mines. Automated drone systems are expected to become an essential technology in future mining automation and digitization activities. Several companies such as Tata Steel, Rio Tinto Group, and Komatsu Ltd. are the early adopters of drone technology. Usage of these systems enables quick data collection by enhancing accuracy in designing mine plans and making necessary changes, thereby boosting operational productivity. Changing mining landscape across the globe along with dependence on specific technologies is expected to create growth opportunities over the next few years. Such changes in operations are challenging the viability of traditional exploration and drilling technologies and processes, thereby providing opportunities for the adoption of new technologies. Rising need for Geographic Information Systems (GIS) in mineral exploration activities has boosted market growth. GIS enables professionals to perform in-depth analysis of insights related to mineral exploration, mining conditions, and geochemical or hydrological data. Several economies including India, Africa, and Brazil lack the potential for growth owing to use of conventional exploration techniques and equipment. Increased need for exploration in these economies with the adoption of advanced technologies is expected to accelerate demand for automated solutions over the forecast period. Rising investments and government support, along with ongoing initiatives such as Digital Transformation Initiative (DFT) for a digital transition in the mining sector, would significantly boost the adoption of automated solutions. For instance, in 2017, the Government of Australia announced its plans to invest approximately USD 79 million to encourage medium- and small-sized miners to carry out exploration activities. Full Research Report On Global Mining Automation Market Analysis: www.grandviewresearch.com/industry-analysis/mining-automation-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies Grand View Research has segmented the global mining automation market on the basis of solution, application, and region: Mining Automation Solution Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-mining-automation-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 |