Thursday, 14 December 2023

3D Cell Culture Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

3D Cell Culture Market Growth & Trends

The global 3D cell culture market size is expected to reach USD 3.31 billion by 2030, expanding at 11.04% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is driven by technological advancements in in-vitro testing models, a rising focus on personalized medicine, and supportive government legislation for R&D. Moreover, the increasing prevalence of chronic disorders, and the growing significance of cell therapies in their treatment have created momentum for industry expansion.

Tissue engineering has made significant developments in creating 3D culture models that mimic the in-vivo culture media more precisely than the conventional 2D cell cultures. This resulted in increased utilization of 3D cell culture systems for toxicity testing, drug discovery, and regenerative medicine development. Also, recent product launches from industry players have supported market growth to a significant extent. For instance, in August 2021, Amerigo Scientific launched its 3D cell culture products for research purposes with wide applications in medicine, drug discovery, and tissue engineering.

In addition, the development of advanced technologies like microfluidics, bioprinting, and high-content screening systems, has leveraged the capabilities of these models. These technologies allow excellent control over culture conditions, cell organization, and the capability to perform high-efficiency screening, thereby fueling the utilization of 3D culture systems. Moreover, increased collaboration between market players to utilize bioprinting and microfluidics techniques in developing culture models has propelled market growth. For instance, in June 2020, CELLINK and Lonza collaborated to offer 3D bioprinting solutions to optimize access to 3-dimensional cell cultures workflows.

3D cultures can closely replicate the typical microarchitecture and morphology of organs and hence are continuously developed for studies that require in vivo models to analyze the effect of a drug over body tissues and organs. This factor, coupled with the availability of several choices in terms of the material and structure of the scaffold for a variety of in-vitro applications, is anticipated to boost revenue generation for scaffolds.

Recent research has explored the use of a broad range of scaffolds, such as graphene scaffolds, nanofibers, natural marine collagen, freeze-casting, and others. In addition, emerging applications of techniques such as lab-on-a-chip in several assay types, including proliferation, stimulation, viability, transport, high content screening, patch clamping, and metabolic activity are anticipated to lead to an increase in demand for advanced and efficient solutions.

Request a free sample copy or view report summary: 3D Cell Culture Market Report

3D Cell Culture Market Report Highlights

  • The scaffold-based technology segment dominated the market in 2022 with a revenue share of 48.85% and is attributed to the increasing application of scaffold-based cultures in tissue engineering and regenerative medicine applications
  • Stem cell research & tissue engineering held the largest share of 33.76% in 2022, whereas the cancer institute segment is expected to witness the fastest growth owing to the rising prevalence of cancer, and the benefits offered by 3D cell cultures in cancer research
  • In the end-use segment, biotechnology and pharmaceutical companies dominated the market with a revenue share of 46.34%. The higher revenue growth is attributed to the continuous growth and commercial success of biopharmaceuticals coupled with the expanding portfolio of the major pharmaceutical companies
  • North America region dominated the global market in 2022 with a revenue share of 45.58%, owing to the presence of advanced healthcare infrastructure, developed economies, the presence of key players, and various strategic initiatives undertaken by them

Access Press Release@ https://www.grandviewresearch.com/press-release/global-3d-cell-culture-market

3D Cell Culture Market Segmentation

Grand View Research has segmented the global 3D cell culture market based on technology, application, end-use, and region:

3D Cell Culture Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Scaffold Based
    • Hydrogels
    • Polymeric Scaffolds
    • Micropatterned Surface Microplates
    • Nanofiber Based Scaffolds
  • Scaffold Free
    • Hanging Drop Microplates
    • Spheroid Microplates with ULA Coating
    • Magnetic Levitation
  • Bioreactors    
  • Microfluidics
  • Bioprinting    

3D Cell Culture Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Cancer Research
  • Stem Cell Research & Tissue Engineering
  • Drug Development & Toxicity Testing
  • Others

3D Cell Culture End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Biotechnology And Pharmaceutical Companies
  • Academic & Research Institutes
  • Hospitals
  • Others

3D Cell Culture Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Denmark
    • Norway
    • Sweden
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the 3D Cell Culture Market

  • Thermo Fisher Scientific, Inc.
  • Merck KGaA
  • PromoCell GmbH
  • Lonza
  • Corning Incorporated
  • Avantor, Inc. 
  • Tecan Trading AG
  • REPROCELL Inc.
  • CN Bio Innovations Ltd
  • Lena Biosciences

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.

Bone Growth Stimulator Market Set to Record Exponential Growth by 2025: Grand View Research Inc.

 The global bone growth stimulator market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc. Escalating demand for noninvasive and minimally invasive treatments is a major factor estimated to boost market growth during the forecast period. Some advantages offered by minimally invasive surgeries are smaller incisions, low risk of infections, speedy recovery, shorter stay at the hospital, reduced scarring, and minimal blood loss during surgery. Thus, there is high adoption of Bone Morphogenetic Proteins (BMP) and Platelet-rich Plasma (PRP) for minimally invasive spinal and orthopedic surgeries, which is expected to boost the market growth.

The rising number of trauma and accident cases is another major factor projected to support the growth of the bone growth stimulator market. According to WHO, around 20 to 50 million people are injured every year due to road accidents. Road accidents and trauma are likely to result in severe spinal injuries as well as delayed union or nonunion of bone fractures, which is projected to drive demand for bone growth stimulators.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/bone-growth-stimulator-market

Further Key Findings From the Report Suggest:

  • Bone growth stimulation devices segment was the largest revenue grossing segment of the market in 2016 owing to high demand for noninvasive treatments by patients as well as product advancements
  • PRP segment is estimated to grow at the highest CAGR during the forecast period owing to its growing popularity for bone and soft tissue healing, as well as its favorable safety profile and potential promising outcome for the development of regenerative treatments
  • In the application segment, the spinal fusion surgeries segment accounted for the largest share in 2016 and is projected to maintain its dominance during the forecast period owing to the escalating number of spinal injuries, fractures, and spinal stenosis
  • The hospitals segment accounted for the largest share in the overall market and is expected to maintain its dominance during the study period due to escalating number of admissions of patients suffering from traumatic injuries, road accidents, spinal injuries, and bone fractures
  • North America dominated the overall market in 2016 mainly due to the existence of several leading medical device companies in this region and highly developed healthcare infrastructure
  • The Asia Pacific bone growth stimulator market is projected to grow at the highest rate during the forecast period. The rising number of road accidents and developing healthcare infrastructure in Asian countries, including China, India, and Indonesia, are major factors contributing to growth in this region
  • Some of the major players are Orthofix Holdings, Inc.; Medtronic; Zimmer Biomet; DJO Global, Inc; Bioventus; Stryker; DePuy Synthes Companies; Arthrex, Inc.; Isto Biologics; and Terumo BCT, Inc.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-bone-growth-stimulator-market

Grand View Research has segmented the global bone growth stimulator market on the basis of product, application, end use, and region:

Bone Growth Stimulator Product Outlook (Revenue, USD Million; 2014 - 2025)

  • Bone growth stimulation devices
    • External bone growth stimulators
      • Combined Magnetic Field (CMF) devices
      • Capacitive Coupling (CC) devices
      • Pulsed Electromagnetic Field (PEMF) devices
    • Implanted bone growth stimulators
    • Ultrasonic bone growth stimulators
  • Bone Morphogenetic Proteins (BMP)
  • Platelet-rich Plasma (PRP)

Bone Growth Stimulator Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Spinal fusion surgeries
  • Delayed union & nonunion bone fractures
  • Oral and maxillofacial surgeries
  • Others

Bone Growth Stimulator End-Use Outlook (Revenue, USD Million; 2014 - 2025)

  • Hospitals and clinics
  • Home care
  • Others

Bone Growth Stimulator Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South 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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Low-code Development Platform Market Valuation to Reach USD 35.22 Billion by the end of 2030: Grand View Research Inc.

 Low-Code Development Platform Market Growth & Trends

The global low-code development platform market size is expected to reach USD 35.22 billion by 2030, expanding at a compound annual growth rate (CAGR) of 22.9% from 2023 to 2030, according to a new report by Grand View Research Inc. The growth can majorly be attributed to the increasing digitization within the industry, coupled with the growing prevalence of BYOD (bring-your-own-device). The progress of Industry 4.0 and the shift toward digital workplaces leveraging innovative technologies present substantial growth opportunities for the low-code development platform sector.

Businesses around the world are actively seeking digital avenues to engage with their user and customer base and these businesses are increasingly adopting low-code development platforms to streamline the rapid creation of intricate web applications. The onset of the COVID-19 pandemic has positively impacted the market growth owing to the high demand for such platforms since the pandemic forced millions to learn and work from home.

The growth is being further driven by the continuous technological advancements introduced by the market players. For instance, in September 2023, Salesforce, Inc. announced the launch of its new Einstein 1 Platform which features significant advancements to both the Salesforce Data Cloud and Einstein AI capabilities. These developments are built on Salesforce, Inc.'s foundational metadata framework, making the Einstein 1 Platform a dependable AI solution for businesses. This platform allows companies to securely integrate diverse data sources, enabling the creation of AI-driven applications with low-code and the delivery of entirely fresh CRM experiences.

Request a free sample copy or view report summary: Low-code Development Platform Market Report

Low-Code Development Platform Market Report Highlights 

  • Based on application, the web-based segment is expected to witness a CAGR of over 22.0% from 2023 to 2030 primarily due to the rising demand for low-code development platforms. These platforms facilitate application development with resource efficiency comparable to conventional development methods
  • The growth of large enterprises has been robust, driven by their need to streamline and accelerate application development processes. These organizations are increasingly adopting low-code solutions to enhance agility and cost-efficiency in software development, paving the way for significant market expansion
  • Based on end-use, the IT & telecom segment accounted for a revenue share of close to 21.0% in 2022 driven by a growing demand within these industries to streamline their operations and accelerate the development of applications
  • The North American market was valued at nearly USD 2.0 billion in 2022 owing to the rising adoption of digital technologies, early adoption of advanced technologies, and the presence of prominent market players in the region 

Access Press Release@ https://www.grandviewresearch.com/press-release/global-low-code-development-platform-market

Low-Code Development Platform Market Segmentation

Grand View Research has segmented the global low-code development platform market based on application type, deployment type, organization size, end-use, and region:

Low-code Development Platform Application Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Web-based
  • Mobile-based

Low-code Development Platform Deployment Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Cloud
  • On-premise

Low-code Development Platform Organization Size Outlook (Revenue, USD Million, 2018 - 2030)

  • SME
  • Large Enterprise

Low-code Development Platform End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • BFSI
  • Automotive & Manufacturing
  • Retail
  • Education
  • IT & Telecom
  • Transportation & Logistics
  • Others

Low-code Development Platform Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • UAE
    • South Africa

List of Key Players of the Low-Code Development Platform Market

  • Appian
  • Creatio
  • LANSA
  • Mendix Technology BV
  • Microsoft
  • Oracle
  • OutSystems
  • Pegasystems Inc.
  • Quickbase
  • Salesforce, Inc.
  • Servicenow
  • Zoho Corporation Pvt. Ltd.

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.

Smart Airport Market Expected to Deliver Dynamic Progression until By 2025

 The global smart airport market size is expected to reach USD 25.09 billion by 2025,growing at a CAGR of 10.7%. according to a new report by Grand View Research, Inc. The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking.

Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period.

Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking.

Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions.

Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/smart-airports-market

Further key findings from the report suggest:

  • Airports across emerging economies are increasingly adopting a smart airport approach by implementing innovative technologies, such as smart robots, self-check-in kiosks, beacon services, predictive analysis, and border control automation solutions
  • Airports are increasingly expanding their airside operations by providing various services, such as in-wallet scanning, and geolocation and coordination of aircraft with real-time information on landing
  • Airports across developed regions, such as the U.S., have now started providing automated parking facilities, in order to capture a higher revenue share of the non-aeronautical operations segment
  • Asia-Pacific is estimated to emerge as the fastest-growing region over the forecast period, owing to a steep increase in passenger traffic coupled with upgrading and implementation of new technologies in airport communication and security systems
  • Major countries across Europe are adopting Bluetooth-based beacon technology to provide a personalized experience to passengers, such as indoor wayfinding and nearby promotional offers, based on data collected regarding the passengers’ spending and usage habits
  • Key Players include in the smart airport Market are Amadeus IT Group S.A., Cisco Systems, Inc., Honeywell International Inc., Siemens AG, and IBM. Other companies include Sabre Corporation, Thales Group, T-Systems International GmbH, and QinetiQ Group Plc.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-smart-airports-market

Grand View Research has segmented the global smart airport market on the basis of technology, application, location, and region:

Smart Airport Technology Outlook (Revenue, USD Million; 2014 - 2025)

  • Security Systems
  • Communication Systems
  • Passenger, Cargo, & Baggage Ground Handling Control
  • Air/Ground Traffic Control
  • Others

Smart Airport Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Aeronautical Operations
  • Non-Aeronautical Operations

Smart Airport Location Outlook (Revenue, USD Million; 2014 - 2025)

  • Landside
    • Vehicular Parking
    • Security
    • Advertisement
  • Airside
    • Air Traffic Management (ATM)
    • Management
    • Aircraft Parking & Maintenance
  • Terminal Side
    • Building Operations
    • Baggage Handling
    • Check-in Systems

Smart Airport Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Mexico
    • 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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Head-up Display Market Booming Trends and Forecast Assessment for the Period 2023 to 2030

 Head-up Display Market Growth & Trends

The global head-up display market size is expected to reach USD 15.26 billion by 2030, registering a CAGR of 15.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. A Head Up Display is computerized systems that projects information onto the screen in vicinity to the viewer on screen or by means of a separate display. The HUD systems projects data, images, and supporting information to driver or the viewer in such a way that the viewer can view both the outside world and the information simultaneously. Initially, the HUD displays were prominently deployed in aviation industry seeking deployment specifically in military aircrafts. Later, the HUD displays were hosted on to civil aircrafts by means of a secondary screen. In recent times, HUD system finds applications in dynamic application arenas including automobile windscreens, motorcycle helmets where the data is displayed on the visor.

Nowadays, numerous luxury car manufactures such as Daimler AG and BMW AG have started incorporating HUD displays in their premium automobile models. Imminent future is expected to witness standardization of these HUD systems as they help in reducing accident proportion and ensure safer driving. HUD displays are even deployed in numerous gaming applications that seek deployment in conjunction with augmented reality technology. In the coming years, the automotive sector will endure to be the major contributor to the head up display market, nevertheless, the solicitation of HUDs in the wearables segment will witness the highest growth during the forecast period.

The demand from the automotive vertical and the increasing growth opportunities in the wearables sector are driving the growth of the head up display market. Automotive manufacturers are concentrating on ensuring HUD systems design, and economic assessment capability of deployment in basic & mid-segment cars.

Request a free sample copy or view report summary: Head Up Display Market Report

Head-up Display Market Report Highlights

  • The automotive segment accounted for the largest revenue share of around 77.2% in 2022.
  • North America dominated the market and accounted for the largest revenue share of 30.3% in 2022.
  • The growing demand for HUD system can be attributed to the ever-growing demand for efficient and safe driving technology, across defense and civil sectors
  • Further, sports and premium car segments would initially witness higher adoption of HUD systems, whereas over the forecasts the HUD incorporation would increase in basic and mid-segment car segments.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-head-up-display-hud-market

Head-up Display Market Segmentation

Grand View Research has segmented the global head-up display market based on application and region:

Head-up Display Application Outlook (Revenue in USD Million, 2017 - 2030)

  • Automotive
    • Premium/Luxury Cars
    • Sports Cars
    • Basic & Mid-segment Cars
  • Aviation
  • Wearables
  • Others

Head-up Display Regional Outlook (Revenue in USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • United Arab Emirates (UAE)
    • Saudi Arabia
    • South Africa

List Of Key Players Head-up Display Market

  • BAE Systems
  • Continental AG
  • DENSO CORPORATION
  • Elbit Systems Ltd.
  • Visteon Corporation
  • YAZAKI Corporation
  • Robert Bosch LLC
  • Collins Aerospace
  • Thales

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.

Wednesday, 13 December 2023

Image Sensor Market Is Ready To Grow Globally With Phenomenal Trend Diversity by 2024

 The global image sensor market is anticipated to reach USD 26.41 billion by 2024, according to a new report by Grand View Research, Inc. The industry is poised for unprecedented growth over the forecast period owing to the rising expenditure on security & surveillance in public places across regions and increasing disposable income across the emerging and developing economies. The impact of information technology in the automotive, defense, medical, and industrial application has driven the demand for image sensors over the projected period.

The increasing adoption of technologies for improving anti-terror equipment mitigating the security lapses has demanded better camera resolution, which has further enhanced the market growth. The IP cameras are expected to have significant growth over the forecast period as compared to analog cameras, which is due to higher resolution, secure transmission, ability to cover more distance, high-speed recording, and lower cable cost. Consumer electronics is expected to be the key application segment having significant penetration and is also anticipated to grow at a considerable rate over the forecast period. The leading companies in the market are seeking new revenue sources as the smartphone market is attaining maturity. This has resulted in increased demand for image sensors in the wearable industry and other applications.

The increasing R&D expenditure on the deployment to have raw material access is expected to compel the backward integration at the buyer’s end. For instance, Beijing-based Hua Capital Management Co., Ltd. planned to acquire U.S-based OmniVision Technologies, Inc. in 2016 to overcome the supply shortage in the market.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/image-sensors-market

Further key findings from the report suggest:

  • The image sensor market is anticipated to witness considerable growth over the projected period owing to the increasing awareness of early diagnosis. Moreover, a growing number of diagnostics imaging procedures have increased the demand for imaging systems in healthcare facilities.
  • The CMOS technology is anticipated to grow at a significant CAGR over the projected period owing to the characteristics such as low power consumption, high immunity to noise, and less emission of waste heat.
  • Consumer electronics is anticipated to gain the highest revenue over the forecast period owing to the wide applications in devices such as wearables, tablets, notebooks, PCs, webcams, gaming consoles, and so on.
  • The industrial/defense application is anticipated to witness a CAGR of over 15.2% over the forecast period. The growth is attributed to the increased defense spending by countries across the region. The increasing performance of the high-end CMOS technology is competing with the CCD technology on the factory floors. Reducing the cost of mainstream cameras and sensors allows the vision to be used effectively in industrial applications.
  • The North American image sensor industry is anticipated to have significant growth over the forecast period. The increasing per capita healthcare expenditure and prevailing large consumer base have influenced the growth in the region.
  • The key players in the image sensor market include OmniVision Technologies, Inc., (U.S.), Toshiba Corporation (Japan), and Pixart Imaging, Inc. (China). Companies are focusing on developing new products to enhance their market share.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-image-sensors-market

Grand View Research has segmented the image sensor market on the basis of technology, application, and region:

Image Sensor Technology Outlook (Revenue, USD Million, 2014 - 2024)

  • CMOS
  • CCD

Image Sensor Application Outlook (Revenue, USD Million, 2014 - 2024)

  • Automotive
  • Consumer Electronics
  • Security & Surveillance
  • Industrial/Defense
  • Medical
  • Others

Image Sensor Regional Outlook (Revenue, USD Million, 2014 - 2024)

  • 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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Electric Truck Market Is Projected To Reach Approximately USD 14.19 Billion By 2027: Grand View Research Inc.

 Electric Truck Market Growth & Trends

The global electric truck market size is expected to reach USD 14.19 billion by 2027, according to a new report by Grand View Research, Inc. The market is projected to register a CAGR of 43.3% from 2020 to 2027. Stringent emission regulations, coupled with declining battery costs and lower maintenance costs of electric trucks, are expected to drive the market growth. Electric trucks are an alternative to traditional trucks and are powered by an electric motor instead of an internal combustion engine. The electric trucks are classified into battery-electric and hybrid trucks. Increasing the adoption of electric trucks in transportation and logistics and municipal sectors to reduce greenhouse gas emissions will fuel the market growth over the forecast period.

With the growing environmental concerns, environmental and government agencies are imposing stringent emission laws and norms that may force commercial vehicle manufacturers to invest in developing electric trucks. National and local regulations enable a supportive environment in the form of stricter emission targets and diesel bans. For instance, the European Union (EU) has enacted enactment to reduce emissions by at least 40% by 2030. This is expected to fuel market growth over the forecast period. However, due to the COVID-19 pandemic, the sales have declined in 2020. The pandemic has disrupted the manufacturing operations and supply chain worldwide.

The market in China held the largest share of the overall market in 2019, owing to the presence of several key companies such as BYD Auto Co. Ltd., Dongfeng Motor Corporation, FAW Group Co., Ltd., and Daimler AG in the region. Europe held the second-largest market share in 2019, due to increased sales in prominent countries such as Germany, Italy, France, and the Netherlands. According to the European Automobile Manufacturers Association (ACEA), around 618 medium and heavy electric trucks (battery-electric trucks, hybrid trucks) were sold in Germany in 2019.

Request a free sample copy or view report summary: Electric Truck Market Report

Electric Truck Market Report Highlights

  • The battery-electric trucks segment held the largest market share in 2019 and is anticipated to continue its dominance over the forecast period
  • China held the largest market share in 2019, owing to the presence of some of the leading market players in the country
  • The U.S. market is estimated to expand at the highest CAGR over the forecast period due to increasing demand from the logistics and transportation sector in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-electric-trucks-market

Electric Truck Market Segmentation

Grand View Research has segmented the global electric truck market based on vehicle type and region:

Electric Trucks Vehicle Type Outlook (Revenue, USD Million, 2016 - 2027)

  • Battery electric Trucks
  • Hybrid Trucks

Electric Trucks Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • The U.S.
  • Europe
    • Germany
    • Italy
    • France
    • Netherlands
  • China

List of Key Players of Electric Truck Market

  • AB Volvo
  • BYD Auto Co. Ltd
  • Daimler AG
  • Dongfeng Motor Corporation
  • FAW Group Co., Ltd.
  • Foton Motor Inc.
  • Isuzu Motors Ltd 
  • Navistar, Inc. 
  • PACCAR Inc.
  • Scania
  • Tevva Motors Limited

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.

Empty Capsules Market Projected To Be Worth USD 2.57 Billion By 2024: Grand View Research Inc.

 The global empty capsules market is expected to reach USD 2.57 billion by 2024, according to a new report by Grand View Research, Inc. Key factors responsible for the growth are the increase in the geriatric population, the proliferation of pharmaceutical, nutraceutical, and cosmeceutical industries, globally, and the upsurge in the consumer preferences for capsules over tablets. 

The rising geriatric population count and the associated chronic conditions are expected to heighten the demand for the production of capsule-centric medications in the pharmaceutical and nutraceutical application areas. Moreover, the benefits associated with capsule consumption, such as ease of swallowing, faster absorption rates, and increased palatability are also expected to contribute significantly to the expansion of the market over the forecast period. 

The mushrooming of the pharmaceutical, nutraceutical, and cosmeceutical industries is expected to serve as a high impact rendering driver for the empty capsules market over the forecast period. 

The nutraceuticals aid in the prevention of certain chronic conditions and hence the consumption of these products has significantly increased over the past few years. For instance, nutraceuticals, such as omega-3 fatty acids, help in the prevention of cardiovascular conditions, and the heightened accessibility to these low-cost vitamin supplements has reduced the incidences of vitamin deficiencies. 

In 2015, the gelatin capsules segment accounted for the highest revenue of nearly USD 1,172.3 million. This high revenue share is attributed to the following factors: sufficient availability of gelatin for the production process and the cost-effectiveness of gelatin capsules as compared to non-gelatin capsules, such as Hydroxypropyl methylcellulose (HPMC) capsules and pullulan or starch material capsules. 

However, the non-gelatin capsules segment is expected to emerge as the fastest-growing category with a CAGR of 6.9% from 2016 to 2024. With the source of the non-gelatin capsules being vegetarian, the religious and cultural issues experienced in connection with capsules containing animal-derived inactive ingredients can be evaded; this factor is estimated to be primarily responsible for the large consumer base of this market over the forecast period.  

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http://www.grandviewresearch.com/industry-analysis/empty-capsules-market

Further key findings from the study suggest:

  • In 2015, the antibiotic and antibacterial drugs segment generated the largest revenue of USD 453.7 million owing to the surge in the prevalence of a range of infectious diseases and chronic conditions worldwide. The vitamins and dietary supplements category is expected to exhibit the fastest growth rate of 7.8% over the forecast period.
  • Global efforts to reduce malnutrition and vitamin deficiencies by various social welfare organizations and government agencies are expected to boost the usage rates over the forecast period.
  • In 2015, North America dominated the empty capsules market with a revenue share of over 39.6% due to the high disease burden, the access to the latest drugs in this region, and the high consumption rate of nutraceutical and cosmeceutical products in this region. An increase in the geriatric population susceptible to varied conditions and disorders coupled with the burgeoning of various bacterial and viral infections is expected to improve the market penetration of various antibiotics, multivitamin supplements, and other drugs.
  • The Asia Pacific region is estimated to grow with the highest CAGR of 7.9% over the forecast period. The increase in healthcare expenditure and the rise in per-capita disposable incomes are expected to improve the overall access to healthcare facilities and medicines across several developing countries in this region. Moreover, the upsurge in the prevalence of infectious diseases and chronic conditions in this region are also expected to positively reinforce the market growth over the forecast period.
  • The market dynamics indicate the presence of strong competition amongst the key players, such as Capsugel, Inc., ACG Associated Capsules Pvt. Ltd., JC Biological Technology Co. Ltd, CapsCanada Corporation, Medicaps Ltd., Qualicaps, Inc. (Mitsubishi Chemical Holdings Corporation), Patheon, Inc. (Banner Pharmacaps, Inc.), Roxlor LLC, Sunil Healthcare Ltd.(Sunloc Healthcare, Inc.), and Nectar Lifesciences Ltd.
  • Furthermore, the increase in the demand for generic drugs and contract manufacturing services is expected to open up new avenues for market growth over the forecast period. 

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Grand View Research has segmented the empty capsules market by product, therapeutic application, end user, and region: 

Global empty capsules market, by product (USD Million, 2013 - 2024)

  • Gelatin Capsules
  • Non-Gelatin capsules

Global empty capsules market by therapeutic application (USD Million, 2013 - 2024)

  • Antibiotic and antibacterial drugs
  • Vitamin and dietary supplements
  • Antacids and antiflatulent preparations,
  • Antianemic preparations,
  • Anti-inflammatory and anti-rheumatic drugs,
  • Cardiac therapy drugs,
  • Cough and cold preparations

Global empty capsules market by end-user (USD Million, 2013 - 2024)

  • Pharmaceutical industries
  • Nutraceutical industries
  • Cosmeceutical industries
  • Research laboratories

Empty capsules market, by region (USD Million, 2013 - 2024)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • 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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Demand for Stevia Market to Incur Considerable Upsurge During 2018 – 2024: Grand View Research Inc.

 The global stevia market size is expected to reach USD 553.7 million by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.1% during the forecast period. Soaring demand for low-calorie sweeteners is expected to be a major factor propelling market growth. Considering the market is still at a nascent stage, the market is yet to realize its full potential.

Stevia contains rebaudioside-A and stevioside, which are responsible for imparting high degree of sweetness without any side effects on health. This is the major reason for the growing demand for stevia over the past few years.

Stevia acts as a natural sugar substitute. The production process starts with a herbal plant called stevia rebaudiana, which is a member of the Chrysanthemum family and grows naturally in the forests of Brazil and Paraguay. The components of stevia leaves responsible for the plant’s sweetness are glycosides.

Beverages form the largest application segment and in 2015, accounted for 34.7% of the total volume. This can be attributed to increasing market penetration of stevia in various soft drinks, juices, teas, and nectar. Companies such as PepsiCo, Inc. and The Coca-Cola Company have incorporated the product in their diet soft drinks and are marketed as drinks with no side effects on consumer health. Biotechnology companies are marketing the product in various forms such as liquids and powders. It is expected to replace sucrose in various food products including confectionery jellies, traditional cakes, biscuits, and other baked products.

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https://www.grandviewresearch.com/industry-analysis/stevia-market

Further key findings from the report suggest:

  • The global market generated USD 337.7 million in 2015 and is anticipated to progress at a CAGR of 6.1% during the forecast period
  • Beverages accounted for the largest share by application in 2015, holding 34.7% of the total volume. The segment is expected to witness the fastest growth over the forecast period owing to increasing use of stevia in various carbonated drinks to expand consumer base
  • Asia Pacific was the largest market, accounting for 35.3% of the global market volume in 2015. Positive outlook of the food and beverage sectors in China, Japan, South Korea, and Vietnam is expected to promote the consumption
  • PureCircle Limited, GLG Life Tech Corp, and Stevia Corp are some of the major producers. Stevia First Corp, Cargill, and Evolva S.A. are other major players in the market. These players are integrated across various stages of the value chain in order to improve their contribution margins and gain higher market share

Access Press Release@ https://www.grandviewresearch.com/press-release/global-stevia-market

Grand View Research has segmented the global stevia market by application and region:

Stevia Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • Beverage
  • Food
  • Pharmaceuticals
  • Tabletop sweeteners
  • Others

Stevia Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • North America
    • US.
  • Europe
    • Germany
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • Latin America
    • Brazil
  • Middle East & Africa (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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Wearable Sensors Market Set to Witness an Uptick during 2018 to 2025: Grand View Research Inc.

 The global wearable sensors market size is anticipated to reach USD 2.86 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a phenomenal CAGR of 38.8% during the forecast period. Wearable sensors are a vital aspect of wearable devices owing to the growing focus on health and fitness monitoring activities. Wearable sensors are emerging as a revolution in monitoring healthcare and fitness parameters and reducing overall hospital costs for patients.

Wearable sensors are expected to gain traction over the forecast period. The application of these sensors in fitness bands is estimated to hold the largest market share in 2016. However, the smartwatch segment is anticipated to exhibit the highest CAGR during the forecast period. The growth of the segment is accredited to its capabilities in monitoring and rendering a comprehensive analysis of user activities. As technology advances, end users, such as Apple, Samsung, and Fossil, are focusing on providing game-changing products, which is a key determinant driving the popularity of wearable sensors.

The consumer segment is expected to remain dominant with fitness tracking emerging as a key trend among users in the recent past. An increase in demand for wearable sensors for remote monitoring of health and fitness through motion sensing technologies and data analysis techniques is anticipated to be a major factor driving segment growth. The healthcare vertical is anticipated to grow at a healthy CAGR over the forecast period, fueled by technological developments in remote monitoring.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/global-wearable-sensor-market

Further key findings from the report suggest:

  • The global wearable sensors market accounted for USD 149.3 million in 2016 and is expected to grow at a CAGR of 38.8% from 2017 to 2025
  • The smartwatch segment is anticipated to reach USD 1,083.3 million by 2025 and is expected to grow at a high rate over the forecast period
  • The fitness band segment dominated the market in 2016, with an estimated USD 48.5 million
  • The consumer vertical emerged as the largest segment and is estimated to generate revenue of over USD 1,253.5 million by 2025
  • Demand for wearable sensors in defense is anticipated to witness moderate growth over the forecast period
  • Asia Pacific is expected to be the fastest-growing region over the forecast period. Numerous enterprises and several new players within China and Japan have been investing in advanced sensor manufacturing. The regional market is expected to exhibit a CAGR of 41.0% over the forecast period
  • Key players in the wearable sensors market include Robert Bosh GmbH, STMicroelectronics N.V., NXP Semiconductors N.V., Texas Instruments, and Knowles Electronics, LLC.

Access Press Release@ https://www.grandviewresearch.com/press-release/wearable-sensors-market

Grand View Research has segmented the global wearable sensors market on the basis of sensor type, device, vertical, and region:

Wearable Sensor Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Accelerometer
  • Gyroscope
  • Optical
  • Force & pressure
  • Inertial sensor
  • Temperature
  • Magnetometers
  • Medical based sensors
  • Others

Wearable Sensors Device Outlook (Revenue, USD Million, 2014 - 2025)

  • Smart Watch
  • Fitness band
  • Smart glasses
  • Smart fabric
  • Smart footwear
  • Other wearable

Wearable Sensors Vertical Outlook (Revenue, USD Million, 2014 - 2025)

  • Consumer
  • Defense
  • Healthcare
  • Industrial
  • Others

Wearable Sensors Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • 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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...