Electrostatic Precipitator Market to Grow at a Rapid CAGR of 3.3% by 2025: Grand View Research Inc.

San Francisco, 1 November 2018: The global electrostaticprecipitator market size is projected to be valued at USD 14.97 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.3% over the forecast period. Rising consumer awareness, inclination towards healthy lifestyle, and rise in air pollution are expected to drive the market growth.

Rising adoption of air pollution control equipment, coupled with stringent government regulations, is expected to boost the global electrostatic precipitator market by 2025. Industrialization of energy and manufacturing industries is predicted to further enhance business growth over the forecast period.

Increasing investments and technological advancements are expected to encourage expansion of the market for electrostatic precipitator in the forthcoming years. Critical air pollution level caused by vehicles and industries coupled with high demand for pollution controlling equipment in developing countries such as India and China are anticipated to spur market growth over the forecast period.

The power generation segment is expected to expand at a CAGR of 4.2% over the forecast period. High dependency on electricity in automotive backed up with industrial automation is expected to boosts demand for power generation application in near future. Power generation industry has witnessed drastic change in processes as majority of the industrial players opted for renewable energy sources such as wind, natural gas, solar etc.

In terms of technology, the dry type electrostatic precipitator was valued at USD 9.66 billion in 2017 and is predicted to witness robust growth over the forecast period. High adoption coupled with government policies and regulations is projected to encourage market growth over the forecast period.

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Further key findings from the report suggest:

·       The U.S. electrostatic precipitator market revenue is projected to expand at a 2.2% CAGR over the forecast period owing to stringent governmental policies along with rise in demand for air pollution control equipment

·       U.K., in terms of revenue, is projected to register a 1.8% CAGR over the forecast period

·       Growth in the India market can be attributed to rapid pace of industrialization, rising air pollution levels, and evolving regulatory framework.

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Grand View Research has segmented the global electrostatic precipitator market on the basis of technology, application, and region:

Electrostatic Precipitator Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Dry

·         Wet

Electrostatic Precipitator ApplicationOutlook (Revenue, USD Million, 2014 - 2025)

·         Chemical

·         Metal

·         Power Generation

·         Cement

·         Manufacturing

·         Other

Electrostatic Precipitator Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Plastic Additives Market to Reflect a Significant CAGR of 4.5% by 2022| Key Industry Participants SABIC, ExxonMobil Chemical

San Francisco, 31 October 2018: Global plastic additives market is expected to grow significantly at a CAGR of 4.5% from 2015 to 2022, owing to their ability to enhance performance, appearance, and processability of various polymers. Increasing demand for these additives is directly proportional to the growing consumption of polymers across the globe.The global plastic additives market size was 13.18 million tons in 2014.

Additives are used with different polymers in order to result in maximum output and increase the life span of the product. Plastic additives are increasingly being used for variety of functions that include extenders, processing aids, property modifiers, and stabilizers in industrial applications.

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Extended consumer base, rapid urbanization and increasing disposable income across various parts across the globe has led to an increase in the overall usage of plastic additives. Rapid industrializations coupled with increasing focus on maximizing industrial output, particularly in emerging economies including China, India and Brazil, is expected to drive the market at a fast pace over the forecast period. The global plastic additives industry is anticipated to reach USD 62.50 billion by 2022.

Plasticizers dominated the global market accounting for 51.7% of the volume share in 2014. However, they are expected to lose significant market over the forecast period owing to their carcinogenic properties. The product is being banned from its usage in child care articles and toys, across numerous regions including Europe due to its toxic nature. This may result in moderate growth of the segment over the forecast period.

Property stabilizers accounted for over 35% of the overall market in 2014. These products are used for improving physical and thermal stability of the base material. Moreover, they help in prevention of oxidation, uncontrolled recombination and cross-linking reactions. The segment is estimated to be worth USD 4.34 billion by 2022, growing at a CAGR of 4.0% from 2015 to 2022.

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On the other hand, processing aids are anticipated to grow by 7.6% from 2015 to 2022. These aids improve fusion between two or more different polymers, enhance melt strength and reduce surface defects, resulting in easy workability and good finishing to the finished product. Increasing manufacturing output of finished plastic products in Asia Pacific is expected to drive growth.

Rising awareness regarding safety coupled with increasing incidents of fire accidents has resulted in a rising demand for flame retardants and this segment is expected to grow at 4.8% from 2015 to 2022. Moreover, introduction and implementation of numerous regulations and norms is expected to drive demand.

Developments of plastic additive products and their variants having application according to their functionality and performance qualities are major drivers of the market. Emerging economies including India and China are setting up new plants and facilities to mark a global presence to cater to the rising demand for these products.

Asia Pacific dominated the global market in 2014 valued at USD 15.70 million. Increasing industrial output in Malaysia, India, Indonesia, and China is expected to drive the regional demand over the next few years. Germany, the U.S., France, and UK are anticipated to create high demand for plasticizers, flame retardants, UV stabilizers, and other additives. North American industry is expected to grow at a CAGR of 4.1%, while Europe is likely grow at a CAGR of 3.9% from 2015 to 2022, in terms of volume.

Key players present within the market include BASF SE, DuPont, SABIC, ExxonMobil Chemical, The Dow Chemical Company, Mitsui Chemical, and Biesterfield Plastic GmbH.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smartwatches Market is likely to Touch $19.62 Billion by 2020| Top Industry Players Samsung Electronics, Sony Corporation

San Francisco, 31 October 2018: The global smartwatches market is expected to reach USD 19.62 billion by 2020, according to a new study by Grand View Research, Inc. Growing companion device demand is expected to give impetus to demand for smartwatches. Increasing percentage of health/fitness conscious population has resulted in high demand for wearable fitness monitoring and tracking devices, including smartwatches.

The number of industry participants is expected to increase manifold over the next six years. In addition to startups, the expected entry of established companies is estimated to significantly fuel market growth. Ensuring usability and visual appeal is a critical factor for enabling product adoption on a global level. Furthermore, managing the tradeoff between battery life and performance is critical for profitability.

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Further key findings from the study suggest:

·       Global smartwatch shipments were close to 2 million units in 2013, and are expected to reach 135.3 million units by 2020, at a CAGR of 53.5% from 2014 to 2020.

·       High-end smartwatches accounted for approximately 90% of the global market in 2013. This segment is expected to lose market share to the mid-end and low-end segments over the forecast period. This can be attributed to the expected trend of decreasing selling prices with a growing number of manufacturers. Majority of consumers have been reluctant to invest in premium priced products on account of unclear benefits and lack of a value proposition.

·       North America accounted for the highest market share of 35% in 2013; this is mainly due to higher purchasing power as well as increasing demand for fitness tracking equipment. Asia Pacific is expected to be the fastest growing regional market over the next six years. The regional market is expected to be driven by high smartphone proliferation and usage of Internet services.

·       Industry participants include Samsung Electronics (Galaxy Gear), Pebble, Sony Corporation, Google Inc. and Qualcomm Inc. among others. R&D activities to drive innovation have been the key growth strategy for these companies. Established companies are expected to benefit from growing smartwatches demand, and drive revenue generation over the forecast period.

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Grand View Research has segmented the global smartwatches market on the basis of price segment and region:

Smartwatches Price Segment Outlook (Volume, Million Units and Revenue, USD Million; 2012 - 2020)

·         High-end

·         Mid-end

·         Low-end

Smartwatches Regional Outlook (Volume, Million Units and Revenue, USD Million; 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Smartwatches Market@ www.grandviewresearch.com/press-release/global-smartwatches-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

Next Generation Memory Market to Record an Exponential CAGR by 2020| Key Industry Participants Adesto Technologies, Crossbar Inc

San Francisco, 31 October 2018: The Global NextGeneration Memory Market is expected to reach USD 3.43 billion by 2020, according to a new study by Grand View Research, Inc. Increasing need for fast and economical storage solutions across diverse applications is estimated to drive market growth over the forecast period. Next generation memory is used for various applications such as enterprise, industrial and automotive to store and manage information, which is expected to augment market growth over the next six years.

Increasing use of next generation memory in mobile phones to enhance customer experience is expected to fuel market growth. Increasing demand for wearable electronics and replacement of flash memory storage may provide new growth avenues to the next generation memory market. Low environment stability and high design cost may act as a restraint to market growth over the forecast period.

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Further key findings from the study suggest:

·       Non-volatile memory storage is expected to remain the key product segment over the forecast period; it accounted for over 90% of the market in 2013. This technology is used for economical storage and fast processing of data and sustains the stored information even when the power is turned off. Volatile memory storage is estimated to witness considerable growth over the forecast period. In this technology, information fades when the power supply is turned off unless the storage device is periodically refreshed.

·       Mobile phones were a major application segment in 2013 and accounted over 55% of the overall market in the same year. All common computing platforms from handheld devices to supercomputers use storage systems to store data permanently or temporarily. Smart cards store a few bytes of data and are expected to grow at a significant rate over the forecast period.

·       North America was estimated to be the key regional market in 2013. The Asia Pacific market is expected to grow at a considerable rate owing to increasing demand for smartphones and tablets. Additionally, presence of key market players in countries such as China, India, Japan and South Korea is also expected to positively impact the regional market over the forecast period.

·       Key industry participants include Samsung Electronics Co. Ltd., IBM Corp, Adesto Technologies, Crossbar Inc, Fujitsu Ltd, Toshiba Corporation, Intel Corporation etc. Toshiba along with SK Hynix are working on production of next generation memory chips, which is expected to decrease power consumption and increase data transfer speed. Economical and efficient solution development is expected to be a critical success factor for market players.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global next generation memory market on the basis of product, application and region:

Next Generation Memory Product Outlook (Revenue, USD Million, 2012 - 2020)

·         Volatile

·         Non-Volatile

Next Generation Memory Application Outlook (Revenue, USD Million, 2012 - 2020)

·         Mass Storage

·         Mobile Phones

·         Industrial & Automotive

·         Embedded MCU & Smart Cards

·         Cache Memory & Enterprise Storage

Next Generation Memory Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Next Generation Memory Market@ www.grandviewresearch.com/press-release/global-next-generation-memory-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

Hearing Aids Market is Expected to Reach a value of $6.5 Billion by 2024| Top Industry Players Sonova Holding AG, Sivantos Pte Ltd

San Francisco, 31 October 2018: The global hearingaids market was valued at USD 4.5 billion in 2015 and is expected to reach a value of USD 6.5 billion by 2024, according to a new report by Grand View Research, Inc. Key factors driving the market expansion include the dramatic increase in aging population of 65 years & above and the associated loss of hearing and growing demand for new-generation instruments that are technologically enhanced and enriched equipment with better aesthetics.

As per the data published by the WHO (2013), the prevalence of the same disease in adults over age of 65 years is expected to be five times more than that for the individuals below 65 years of age. It also estimates that in the developing nations around 20% of the people with hearing loss require hearing aids and less than 3% of them are expected to be using it. Other factors leading to the hearing-related problems in individuals are chronic ear infections, birth defects, exposure to high decibels of noise, and prolonged listening to loud music through headphones. Around 90% of the global chronic ear infections prevail in the South-West Asia, Western Pacific, and African regions.

Education and increased health-related awareness amongst the population also plays a crucial role in increasing the demand across the world. The WHO assists the low- and middle-income countries to develop programs for prevention and management of hearing loss.

Access Research Report of Hearing Aids Market@ www.grandviewresearch.com/industry-analysis/hearing-aids-market

Further Key Findings from the Study Suggest:

·       In 2015, the behind-the-ear devices accounted for the largest market share of about 47.1%. The high growth was attributed to the high comfort levels, better connectivity, and high efficiency of the product.

·       The digital aids segment occupied the majority of the share, accounting for about 85% in 2015. The segment continued to dominate with a CAGR of 4.8% during the forecast period. The key factors for growth include enhanced listening experience and high connectivity with smart phones.

·       In 2015, Europe held the majority of the market share of about 38.3%. The major drivers for the growth of this industry are an increase in the hearing disorders & deafness and the growing demand for technologically advanced hearing solutions. The increase in the geriatric population and the growing purchasing power of the patients also contributes to the growth in the region.

·       Asia Pacific is expected to emerge as the fastest growing region with a CAGR of 5.4% during the forecast period. The developing economies possess large pool of patients and exhibit high prevalence of this disease.

·       Some key players in the market are GN ReSound, William Demant Holdings A/S, Sonova Holding AG, Sivantos Pte Ltd. (Siemens), Widex A/S, and Starkey Hearing Technologies; they focus on developing unique technically advanced devices that focus on enhanced listening and miniaturization.

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Grand View Research has segmented the hearing aids market by product, technology and region:

Product Outlook (Market Revenue in USD Million, 2013 - 2024)

·         In-the-ear hearing aid

·         Receiver-in-the-ear hearing aid

·         Behind-the-ear hearing aid

·         Canal hearing aids ITC, CIC and IIC

Technology Outlook (Market Revenue in USD Million, 2013 - 2024)

·         Digital hearing aid

·         Analog hearing aid

Regional Outlook (Market Revenue in USD Million, 2013 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    Japan

o    China

·         Latin America

o    Brazil

o    Mexico

·         Middle East and Africa

o    South Africa

Access Press Release of Hearing Aids Market@ www.grandviewresearch.com/press-release/global-hearing-aids-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