Software Consulting Market to Incur Meteoric Growth During the Forecast Period

The global software consulting market is expected to reach USD 382.65 billion by 2025, according to a new study conducted by Grand View Research, Inc. The growing demand for digitalization in business processes and low start-up costs associated with software consulting services are expected to drive the growth of the market.

The growing adoption of enterprise software solutions to increase productivity and efficiency of an organization is driving the demand for software consulting services for efficient installation and use of these solutions. The increasing need for the development of enterprise mobile applications and web applications is further expected to drive the demand for consultation planning, implementation, and support for applications.

Migration of IT infrastructure to cloud computing infrastructure and traditional IT solutions to mobile computing solutions are the current trends observed in the market. These trends are expected to drive the demand for software consulting services over the forecast period. Furthermore, new service providers in the market are delivering an innovative business model that redefines the existing business model.

Moreover, digital transformation across the manufacturing industries and adoption of Industry 4.0 standards are expected to drive the demand for software consulting services for installing new software based solutions and gaining insights on advanced changes made in the software solutions. Increasing number of SMEs and their demand for advanced software solutions for developing effective business models are expected to fuel the growth of the market.

Access Research Report of Software Consulting Market @ www.grandviewresearch.com/industry-analysis/software-consulting-market

Further key findings from the report suggest:

• The enterprise solution segment is expected to account for a significant market share over the forecast period owing to the increasing demand for an efficient and integrated system that minimizes operational costs.
• Increasing investments by large enterprises in advanced technologies to cope with the changing industry dynamics are expected to drive the growth of the large enterprise segment.
• The IT & telecom segment is expected to witness the highest growth in terms of revenue over the forecast period. Increasing demand for maintaining quality, security, and performance of software architecture in the IT & telecom industry are expected to drive the growth of the market.
• North America is expected to continue to dominate in the market over the forecast period owing to the presence of a large number of software consulting service providers.
• The key industry participants include Atos SE, Accenture, Capgemini, CGI Group Inc., Cognizant, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, IBM Corporation, Oracle, PwC, and SAP SE.

Grand View Research has segmented the global software consulting market on the basis of application, enterprise size, end-use, and region:

Software Consulting Application Outlook (Revenue, USD Billion; 2014 - 2025)

• Enterprise Solutions
• Application Development
• Migration & Maintenance services
• Design Services
• Application Testing Services
• Software Security Services

Software Consulting Enterprise Size Outlook (Revenue, USD Billion; 2014 - 2025)

• Large Enterprise
• Small & Medium Enterprise

Software Consulting End-use Outlook (Revenue, USD Billion; 2014 - 2025)

• Automotive
• BFSI
• Education
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Software Consulting Regional Outlook (Revenue, USD Billion; 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• 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.

Microwave Oven Market to Expand At A CAGR Of 2.8% throughout the Forecast Period| Key participants Sharp Corporation, Haier Group Corporation

The global microwave oven market size is anticipated to reach USD 12.70 billion by 2022, according to a new report by Grand View Research, Inc., rising at a CAGR of 2.8% during the forecast period. Improving standard of living of consumers, growing number of nuclear families, and increasing demand for frozen and ready-to-eat food are some of the key factors stimulating market growth.

Growing number of working women and preoccupied schedule of people in urban cities are likely to fuel the demand for ovens. A large part of new households comprises working singles who prefer to dine out rather than setting up their kitchen. This may be a drawback for the residential appliance market. However, this trend is estimated to boost the culture of quick service restaurants, cafes, and small eateries, which in turn will work in favor of the market.

Robust growth of the hospitality sector and rising catering contracts for large-scale functions, seminars, and other social gatherings are also expected to stir up the demand for commercial appliances over the forecast period. In case of the residential application segment, the most significant driver is the changing lifestyles and food consumption preferences of people, with more consumers shifting towards ready-to-eat and frozen food.

Macroeconomic factors such as growing population, rising disposable income of consumers, and increasing awareness of different cooking media such as microwave oven, grills, and barbeques are projected to impact the market positively.

Access Research Report of Microwave Oven Market @ www.grandviewresearch.com/industry-analysis/microwave-oven-market

Further key findings from the report suggest:

• The convection segment is poised to account for half of the overall market value by 2022
• The grill microwave oven market is anticipated to be valued at around USD 4.50 billion by 2022
• In 2016, North America was the leading revenue contributor in the market, with a valuation of around USD 3.5 billion
• The household application segment accounted for a larger revenue share in 2016 and is likely to expand at a CAGR of around 3.0% over the forecast period
• The key players in the market include Robert Bosch GmbH, Haier Group Corporation, Hobart, Hamilton Beach, Middleby Corporation Company, Whirlpool Corporation, and Sharp Corporation.

Grand View Research has segmented the global microwave oven market into product, application, structure, and region.

Microwave Oven Product Outlook (Revenue, USD Billion, 2012 - 2022)

• Convection
• Grill
• Solo

Microwave Oven Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Commercial
• Household

Microwave Oven Structure Outlook (Revenue, USD Billion, 2012 - 2022)

• Built-in
• Counter top

Microwave Oven Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

About Grand View Research

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

Bearings Market is Estimated to Grow at Significant Rate by 2025| Top Industry Leaders JTEKT, NTN, Timken, SKF

The global bearings market size is expected to reach USD 186.1 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 9.1% during the forecast period. Bearings are essential in almost every application that involves motion and they help minimize friction between different mechanical components in several industrial machinery and equipment, resulting in reduced energy consumption. Hence, this machine element finds application in all industries, ranging from automobiles, household appliances, and aerospace to industrial machinery, using machinery or related motor-driven linkages.

The bearings market is estimated to witness a considerable growth in the forthcoming years, ascribed to the aim to achieve energy efficiency. Energy saving and bearings go hand-in-hand. The main objective of this element is saving energy by reducing friction, be it during the rotation of shafts of a transmission or the wheel of a vehicle. Additionally, rising demand for commercial vehicles is expected to catapult the demand from automotive sector across the world.

Technological advancements including smart bearings, development of advanced materials and lubricants, and integrating sensor units, are anticipated to provide high growth potential to the market. With the objective of enhancing performance, vendors are incorporating sensor units of the product. Sensor units help digital monitoring of rotation speed, axial movement, load carrying capacity acceleration, and deceleration. These units are presently being used in conveyors forklifts, road rollers, and electric motors. Furthermore, the integration of IoT capabilities facilitates manufacturers to monitor bearing operations constantly.

The market is mature with a dynamic demand closely related to the state of engineering industries and capital goods. Companies are offering integrated products that significantly decrease the number of bearings that go into an assembled product and reduce the overall cost of equipment. This in turn is also increasing the shelf-life and reliability of the product. Product manufacturers are increasingly investing in R&D to address the intensifying competition by providing innovative products.

Access Research Report of Bearings Market@
https://www.grandviewresearch.com/industry-analysis/bearings-market

Further key findings from the study suggest:

• The development of cost-effective wind energy generating product has resulted in their increased espousal within wind turbine applications that aid in increasing energy production, reduce lubricant consumption, and enhancing turbine performance and reliability
• Roller bearings is anticipated to emerge as the largest product segment by 2025 and outpace ball bearings, ascribed to their ability to carry heavy loads and shock or impact loading
• Railway and aerospace segment is estimated to witness the fastest CAGR of over 8.0% over the foreseeable years, due to their growing demand in applications such as shock absorbers, gearboxes, doors, and tilting mechanisms to name a few
• Asia Pacific is anticipated to witness the fastest CAGR of over 5.0% by 2025 attributed to the increased demand for fuel-efficient passenger vehicles, industrialization, and swift infrastructure development
• The key competitors operating in the bearings market include SKF, NSK, Timken, Schaeffler, NTN, and JTEKT. Various leading companies are investing in high-level R&D to come up with innovative solutions. These solutions are focused on being cost-effective as well as on enhancing the overall quality of the end-product

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

Bearings Product Outlook (Revenue, USD Billion, 2014 - 2025)

• Ball
  • Deep Groove
  • Other
• Roller
  • Split
  • Tapered
  • Others
• Others

Bearings Application Outlook (Revenue, USD Billion, 2014 - 2025)

• Automotive
• Agriculture
• Electrical
• Mining & construction
• Railway & Aerospace
• Automotive aftermarket
• Others

Bearings Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• The 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.

Broadcast Switchers Market Revenue, Status and Outlook During 2012-2020

The global Broadcast Switchers Market is expected to reach USD 1.93 billion by 2020, according to a new study by Grand View Research, Inc. Transition to digital from traditional analog technology is expected to propel market growth over the next six years. Changing consumer preferences and favorable regulatory scenario have led to high degree of digitization and HD display adoption, which is also expected to be a key market driver over the forecast period. Operational ease during broadcasting and video transmission may favorably impact the market.

Although standard definition (SD) demand has been decreasing, digitization is expected to fuel 4K and full HD adoption; this is expected to present a sizable opportunity for companies operating in the market. Rising production automation demand is also expected to be a growth driver over the forecast period. Restraints to market growth include need for standardization as well as high cost of lighting equipment, cameras, digital audio mixers, etc.

Access Research Report of Broadcast Switchers Market http://www.grandviewresearch.com/industry-analysis/broadcast-switchers-market

Further key findings from the study suggest:

• Routing switchers accounted for over 40% of the global market in 2013; the segment is further expected to gain market share over the forecast period. Growing amount of video content has led to installation of sophisticated broadcasting products so as to provide high quality streaming. Production switchers are expected to witness high growth, and manufacturers have focused on reengineering and product development measures.
• Sports broadcasting accounted for over 20% of the market share in 2013, mainly due to demand for high resolution format. Key manufacturers have aimed to provide multi-definition switchers capable of functioning in varied environments. Growth in demand for outside broadcasting vans is expected to drive the production trucks segment over the next six years.
• North America is expected to continue being the market leader over the forecast period; it accounted for over 35% of the market in 2013. Asia Pacific is expected to be a fast growing regional market over the forecast period due to investments in broadcast infrastructure.
• Key industry participants include Sony, Snell Group, Ross Video, Broadcast Pix, Panasonic Corporation, Harris Broadcast, etc. Major vendors differ on the basis of their product offering, with innovation and establishing global presence among the key strategies employed.

Grand View Research has segmented the global broadcast switchers market on the basis of product, application and region:

Broadcast Switchers Product Outlook (Revenue, USD Million, 2012 - 2020)

• Master Control Switchers
• Production Switchers
• Routing Switchers

Broadcast Switchers Application Outlook (Revenue, USD Million, 2012 - 2020)

• News Production
• Post Production
• Production Trucks
• Sports Broadcasting
• Studio Production
• Others

Broadcast Switchers Regional Outlook (Revenue, USD Million, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• RoW

 About Grand View Research

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

Substation Automation Market is Expected To Witness A Significant Growth Over The Forecast Period

The global substation automation market size is expected to reach USD 185.80 billion by 2024 according to a new report by Grand View Research, Inc. The increasing requirement for operation efficiency, improved quality, increased production, high uptime, and ease of monitoring and controlling the industrial process are factors that are expected to contribute to the industry growth.

The growing advancements in the smart grid technology are increasing the scope for SCADA systems. The primary factors leading to the rising adoption of the smart grid technology include improved reliability, efficiency, and sustainability of the existing power systems. They are widely used in automation technologies, which actively monitor transmission and distribution grids.

The energy and power utilities are focusing on minimizing the distribution and transmission losses, which has resulted in the increasing deployment of substation automation, driving the industry growth. Moreover, utilities across the world are facing a high requirement for improved electric service reliability and stability. They are focusing on improving the resiliency of the grid, which is contributing toward the high industry demand.

Access Research Report of Substation Automation Market @
http://www.grandviewresearch.com/industry-analysis/substation-automation-market

Further key findings from the report suggest:

• Programmable Logic Controllers (PLCs) are expected to witness a considerable growth at a CAGR of nearly 3% over the forecast period owing to the technological advancements. Developments such as miniaturization, low cost, and improved power have led to an increased adoption of PLC systems. Moreover, the surge in the technology and pricing innovation in the PLC industry, owing to the intense competition among the tier-one companies and rising customer demand, is anticipated to drive the industry over the forecast period.
• Furthermore, the communication channel segment is expected to witness an extensive growth at a CAGR of over 9% from 2016 to 2024. The rising demand for advanced communication capabilities to communicate across remote areas with an improved overall efficiency of power utilities is the major factor boosting the segment growth.
• The SCADA segment is estimated to grow at a considerable CAGR of over 9% from 2016 to 2024, owing to the increasing advancements in the smart grid technology. The primary factors leading to the rising adoption of the smart grid technology include improved reliability, efficiency, and sustainability of the existing power systems. The rising demand for the multi-touch SCADA technology across verticals such as industrial and manufacturing is further expected to spur the industry growth over the forecast period.
• Copper wire communication was a prominent communication channel, accounting for a revenue share of around 42% in 2015. The copper wire communication has observed a high adoption owing to the low initial cost of copper base metal. However, it is anticipated to lose market share due to the emergence of advanced communication platforms, such as the Ethernet and optical fiber communication. The optical fiber communication segment is expected to grow at a CAGR of nearly 10% over the next eight years. The optical fiber used in the substation automation provides advantages such as immunity to EMI/RFI; secure data communications, and a higher bandwidth that supports higher data rates over long distances.
• North America dominated the market with a significant revenue share of over 32% in 2015. However, emerging countries such as China and India are anticipated to drive the substantial demand in this region, owing to the increasing demand for energy efficiency and smart power infrastructure. The automation technology has become an integral part of the power systems worldwide. It is expected to drive power transmission and distribution, contributing to the market growth. Europe is anticipated to witness a considerable growth owing to the increasing demand for smart grid solutions in Western Europe.
• The key industry players include ABB Ltd., Cisco Systems, Inc., Crompton Greaves Ltd., Eaton Corporation Plc., General Electric Company, Larsen & Toubro Limited, Siemens AG, Schneider Electric SE, Trilliant Holdings, Inc., and Venson Electric Pvt. Ltd. The manufacturers in the market are investing profoundly in developing advanced solutions and focusing on the potential opportunities in the industry.

Grand View Research has segmented the global substation automation market on the basis of component, module, communication channel, and region:

Substation Automation Component Outlook (Revenue, USD Million, 2014 - 2024)

• Recloser controller
• Programmable logical controller
• Capacitor bank controller
• Digital transducer/smart meter
• Load tap controller
• Communication channel
• Digital relays
• Others

Substation Automation Module Outlook (Revenue, USD Million, 2014 - 2024)

• SCADA
• IEDs
• Communication network

Substation Automation Communication Channel Outlook (Revenue, USD Million, 2014 - 2024)

• Ethernet
• Power line communication
• Copper wire communication
• Optical fiber communication

Substation Automation Regional Outlook (Revenue, USD Million, 2014 - 2024)

• North America
• Europe
• Asia Pacific
• Rest of the World

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.

Software Defined Radio Market Is Projected To Reach Approximately USD 39.6 Billion By 2027

The global software defined radio market size is expected to reach USD 39.6 billion by 2027, registering a CAGR of 8.7% from 2020 to 2027, according to a new report by Grand View Research, Inc. Software defined radio (SDR) continues to evolve technologically as it helps in the transmission and reception of long-range signals with high frequency. It provides advantages while addressing issues pertaining to the limitations of spectrum and wireless communications. Moreover, technologies have matured, which are now enabling software defined radio implementations that have wide bandwidth applications delivering high-quality services. Military modernization activities carried out in several countries such as U.S., Japan, Germany, South Korea, and Australia with a focus on enhancing their communication systems are expected to drive the SDR market growth over the forecast period.

It is projected that SDR would act as a base technology for the delivery of telecommunication services such as digital TV, radio broadcasts, and video streaming channels in the near future. SDR comes in two forms—modulation and flexible frequency range, and waveform and agile frequency range. The former is commonly implemented since it does not require any alteration to the hardware. For instance, modern mobile wireless systems are generally implemented under this pattern. The frequency selection generally needs a carrier frequency under the required range, which is normally achieved through a local oscillator. Moreover, SDR is increasingly being adopted for carrying out 5G mobile network trials in the spectrum band of 3.5 GHz and 25 GHz, which is anticipated to provide lucrative opportunities to market players.

Rising demand for efficient transmission devices influences SDR applications. The commercial growth of software defined radio is driven by the re-configurability and interoperability of SDR for different applications. The Europe market is projected to grow at a significant rate, and would primarily be driven by the increasing need for data centers to fix issues pertaining to data flow. The software defined radio market is flourishing due to an increase in LTE/4G and wireless services offered by telecom companies. Extensive spending on R&D activities in countries such as Australia, Russia, and U.S. is more likely to result in efficient services offered by key players through the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/software-defined-radio-sdr-market

Further key findings from the report suggest:

• Cognitive radio is projected to emerge as the fastest-growing segment over the forecast period as it is used in applications such as location tracking, spectrum sensing, and spectrum allocation
• Software is expected to register the highest CAGR over the forecast period. This is attributed to the increasing adoption of SDR in software radio access networks (RAN), which consists of a single hardware platform that supports multiple wireless communication standards and protocols
• Ground-based SDR systems are witnessing a surge in demand owing to the implementation of ground station receiver with Single Antenna Interference Cancellation (SAIC) technique
• UHF band frequency segment is expected to register a significant CAGR over the forecast period owing to its increasing usage in aerospace and satellite communications
• Commercial is anticipated to emerge as the fastest-growing end use segment owing to the adoption of SDRs in health monitoring systems such as Wireless Body Area Networks (WBAN)
• The Asia Pacific market is anticipated to witness significant growth owing to the adoption of SDRs by government agencies for the development of communication networks such as Government Radio Network (GRN) by the Chinese government in the city of Beijing
• The key players in the software defined radio market include Collins Aerospace Systems; Harris Corporation; Elbit Systems Ltd.; L3 Technologies, Inc.; BAE Systems; Huawei Technologies Co., Ltd.; Datasoft Corporation; Raytheon Company; and Northrop Grumman Corporation.

Grand View Research has segmented the global software defined radio market on the basis of type, component, frequency band, platform, end use, and region:

Software Defined Radio Type Outlook (Revenue, USD Million, 2016 - 2027)

• General Purpose Radio
• Joint Tactical Radio System
• Cognitive Radio
• TETRA

Software Defined Radio Component Outlook (Revenue, USD Million, 2016 - 2027)

• Hardware
  • Antenna
  • Transmitter
  • Receiver
  • Others
• Software
• Service

Software Defined Radio Platform Outlook (Revenue, USD Million, 2016 - 2027)

• Ground
• Naval
• Airborne
• Space

Software Defined Radio Frequency Band Outlook (Revenue, USD Million, 2016 - 2027)

• HF Band
• VHF Band
• UHF Band
• Others

Software Defined Radio End-Use Outlook (Revenue, USD Million, 2016 - 2027)

• Aerospace & Defense
  • Space
  • Military
• Telecommunication
• Public Safety
• Commercial
• Others

Software Defined Radio Region Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
• 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.

Traction Transformer Market Expected to Collect USD 827.1 Million by the End of 2025

The global traction transformer market size is expected to reach USD 827.1 million by 2025, according to a study by Grand View Research, Inc., progressing at a CAGR of 4.9% during the forecast period. Fast pace of modern lives and surging demand for high-speed commute options are promoting several changes in rail infrastructure across the globe, including shift to technologically advanced electric locomotives. This trend is anticipated to provide a significant push to the market over the forecast period.

Furthermore, favorable government initiatives, including introduction of various policies, funding for high-speed locomotives, and implementation of safer technologies in trains, are leading to positive developments in the global rail infrastructure sector. Increasing expenditure on comfortable and convenient traveling are also encouraging several developments in rail infrastructures worldwide. These transformations are likely to result in greater demand for traction transformers in the next few years.

Growing environmental concerns regarding power consumption, costly and unsafe locomotives, noise pollution, and dependence on crude oils are impelling adoption of traction systems. Furthermore, expansion of rail transport networks for better traffic management, saving time required for commute, and providing cost-efficient services are stirring up their demand in rail systems globally.

Worldwide, rising number of rail projects is translating into increased adoption and implementation of traction transformers on a large scale. Presence of a limited number of market players offering these products has resulted in fierce competition. Resultant concentration of projects and revenue in hands of a select few companies, which often results in risk of efficiently managing supply and demand, can challenge the growth of the market over the forecast period.

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

Further key findings from the study suggest:

• Traction transformers provide several benefits over conventional fossil-fuel based traction systems, including rapid acceleration, space availability, cost-efficiency, light-weight, and low power consumption
• Based on voltage network, the alternative current (AC) systems segment held the largest market share in 2018. The demand for AC traction systems is driven by increased adoption of electric locomotives for long-distance travel routes
• Based on mounting position, the machine room segment is poised to exhibit a CAGR of 5.8% over the forecast period. The growth of the segment can be attributed to maximum flexibility and low maintenance offered by equipment mounted in machine rooms
• Based on rolling stock, the electric locomotives segment commanded the highest revenue share in 2018. Upswing in the demand for electrified rail systems has played a pivotal role in high demand for electrical locomotives over the years
• Europe held the dominant share in terms of revenue in 2018. Early development of electrified rail network and favorable regulatory policies aimed at developing efficient public transport are projected to stimulate the growth of the regional market
• Prominent industry participants include Siemens, ABB, Alstom, and EMCO Limited
• These market players are engaged in offering differentiated product portfolio and in entering private-public partnerships to withstand competition. For instance, recently ABB was awarded contracts by governing bodies for the development of metro infrastructure across major metropolitan cities.

Grand View Research has segmented the global traction transformer market based on voltage network, mounting position, rolling stock, and region:

Traction Transformer Voltage Network Outlook (Revenue, USD Million, 2014 - 2025)

• Alternative Current (AC) systems
• Direct Current (DC) systems

Traction Transformer Mounting Position Outlook (Revenue, USD Million, 2014 - 2025)

• Over the Roof
• Machine room
• Under the floor

Traction Transformer Rolling Stock Outlook (Revenue, USD Million, 2014 - 2025)

• Electric locomotives
• Metros
• High-speed trains
• Others

Traction Transformer Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• 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.

Collision Avoidance Sensors Market Latest Trends, Industry Growth And Forecast To 2025

The global collision avoidance sensors market size is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc., displaying a 21.2% CAGR during the forecast period. Integration of anti-collision systems in mass-market vehicles and updated safety ratings of agencies are expected to fuel market growth over the next few years.

Increasing consumer awareness and extensive focus on research and development by industry players have been major growth drivers for the market. Installation of collision avoidance systems allows vehicles to perform autonomous and semi-autonomous decision-making. Growing demand for vehicle security by consumers and government vehicle safety regulatory agencies is also expected to drive the growth of the collision avoidance sensors market.

Recent technological developments in sensors are focused on building highly sophisticated devices and augmenting their performance using various components of the vehicle.Anti-collision systems enable automotive OEMs to integrate additional intelligence to accomplish the goal of developing an autonomous vehicle.

Stringent regulatory and legal standards have mandated the addition of sensors to enhance safety features in vehicles. These are expected to drive demand for collision avoidance sensors over the forecast period. However, high cost of LiDAR-based systems and long-range radars may cause a hindrance to market growth as manufacturers of low-priced cars may refrain from installing sensors to avoid increase overall price of vehicles.

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

Further key findings from the report suggest:

• Integration of collision avoidance systems in vehicles is expected to help reduce the number of vehicle accidents due to human error; the latter are said to account for 90% of accidents, according to a 2014 UN Road Safety Collaboration study
• The radar segment is projected to account for 44.5% of the global market by 2025. Declining prices of radars have led to their increased adoption by various Original Equipment Manufacturers (OEMs) of automobiles
• Due to mandatory government regulations regarding incorporation of camera-based collision avoidance systems into vehicles, the camera segment is expected to witness high growth over the forecast period
• The Forward Collision Warning System (FCWS) segment is expected to account for a major market share by 2025 as these systems help in significantly decreasing rear-end collisions or accidents
• Over the forecast period, Europe is anticipated to retain its position as market leader in the adoption of collision avoidance sensors and systems and is anticipated to reach USD 5.80 billion by 2025
• Key market participants include NXP Semiconductors, Continental AG, Delphi Automotive, Robert Bosch GmbH, and Murata Manufacturing Co., Ltd.

Grand View Research has segmented the global collision avoidance sensors market on the basis of technology, application, and region:

Collision Avoidance Sensors Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Radar
• Camera
• Ultrasound
• LiDAR

Collision Avoidance Sensors Application Outlook (Revenue, USD Million, 2014 - 2025)

• Adaptive Cruise Control (ACC)
• Blind Spot Detection (BSD)
• Forward Collision Warning System (FCWS)
• Lane Departure Warning System (LDWS)
• Parking Assistance
• Others

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

• North America
  • US.
  • Canada
• Europe
  • France
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• 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.

Medical Holography Market Will Hit at a CAGR of 31.0% in terms of Revenues from 2018 to 2025

The global medical holography market size is expected to reach USD 4.04 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 31.0% during the forecast period. The market is predominantly driven by increasing adoption of this technique in biomedical research and academic centers. Rising awareness regarding benefits of the technique is one of the key growth stimulators of the market.

Benefits associated with holographic techniques are precise coordination in interventional and diagnostic applications, generation of live images, minimal invasion, and enhanced training. Soaring demand for incorporation of minimally invasive techniques is also projected to boost the growth of the global market. As compared to invasive procedures, these procedures result in lesser trauma and quicker recovery. Another advantage of this procedure is that there is less amount of blood loss as compared to invasive surgery.

Medical holography is anticipated to revolutionize education and training for medical students over the coming years. Traditional teaching methods and textbooks increase the cognitive load on students, which can be reduced by conversion of 2 or 2.5 D representation into a 3D image. According to a study, it has been observed that medical holograms improve the understanding of anatomy compared to traditional methods. Moreover, holographic projections are increasingly being used in various other fields such as aviation, manufacturing, gas, and oil which is estimated to augur well for the holography market.

With increasing burden of chronic diseases and clinical urgency to incorporate technologically advanced products for early and non-invasive diagnosis, medical holography is likely to gain prominence in a wide array of applications. Introduction of new and sophisticated products is poised to shape the future of the market.

Access Research Report of Medical Holography Market@ www.grandviewresearch.com/industry-analysis/medical-holography-market

Further Key Findings From the Study Suggest:

• The holographic displays segment accounted for 65.8% of the overall revenue in 2016
• Semi-transparent displays held 38.8% of the holographic display segment as they can be used to create 3D graphics with enhanced depths and sufficient resolution to provide realistic experience
• The microscope segment is expected to witness a remarkable CAGR of 32.3% during the forecast period due to technological advancements in the field of microscopy
• The medical education segment is poised to post a CAGR of 31.6% during the forecast period
• Research laboratories was the dominant end-use segment, commanding a share of 32.97% in 2016. The substantial share can be attributed to increasing adoption of holography products in research, which primarily involves phase contrast imaging and dynamic live cell imaging
• North America led the market with over 37.0% share in 2016 owing to extensive research activities undertaken by a majority of prominent market players
• Asia Pacific is anticipated to exhibit a CAGR of over 32.5% during the forecast period.

Grand View Research has segmented the global medical holography market on the basis of product, application, end use, and region:

Medical Holography Product Outlook (Revenue, USD Million, 2014 - 2025)

• Holographic Display
  • Laser
  • Touchable
  • Piston
  • Semi-Transparent
• Microscope
• Print
• Software
• Others

Medical Holography Application Outlook (Revenue, USD Million, 2014 - 2025)

• Medical Imaging
  • Ophthalmology
  • Dentistry
  • Urology
  • Otology
  • Orthopedics
  • Others
• Medical Education
• Biomedical Research

Medical Holography End Use Outlook (Revenue, USD Million, 2014 - 2025)

• Academic Centers
• Pharmaceutical & Biotechnology Companies
• Hospitals & Clinics
• Research Laboratories

Medical Holography Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • Japan
  • China
  • India
• 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.

Clinical Trials Management System Market to Expand at a CAGR of 12.1% Through 2025| Top Industry Players Oracle Corp.; Medidata Solutions, Inc

The global clinical trials management system (CTMS) market size is expected to reach USD 1.62 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 12.1% over the forecast period. Rapid growth of healthcare IT, high R&D expenditure by life science and clinical research organizations, and adoption of CTMS solutions is anticipated to drive the market growth.

Increasing investment by pharmaceutical and biotechnology companies coupled with government funding is promoting research activities. This factor is expected to boostgrowth of the market for clinical trial management systems.According to the estimates of the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), global research-based pharmaceutical industry has spent around USD 149.8 billion in 2015. The annual spending of pharmaceutical industry is 5.5 times greater than the aerospace industry, 1.8 times more than software and computer services andsoftware industry, and 5 times more than chemicals industry.

Access Research Report of Clinical Trial Management System Market @
https://www.grandviewresearch.com/industry-analysis/clinical-trial-management-system-ctms-market

Further key findings from the report suggest:

• Enterprise CTMS held the largest market share in 2016 due to the benefits such as real-time insight into operational activities and efficient tracking in tracking and managing the regulatory process
• Web-based systems held the largest market share in 2016 owing to the benefits such as remote access of data and minimal technical issues
• Cloud based system is anticipated to exhibit the fastest CAGRover the forecast period. Real-time data tracking, high security, easy accessibility from any device, and privacy are a few factors attributed to the growth
• Based onregion, North America is expected to continue holding the largest market share during the forecast period due to high adoption of advanced technology and improved healthcare infrastructure
• Asia Pacificis likely to witness significant growthover the next decade due toincreasing government incentives and low cost of clinical trials
• Some of the key players operating in the Clinical Trials Management System (CTMS) market are Surgery Partners;PARAXEL International Corporation; Oracle Corporation; Medidata Solutions Inc.; Forte Research Systems Inc.; Medpace Holdings Inc.; and Clinical Data Inc.

Grand View Research has segmented the global Clinical Trials Management System (CTMS) market based on type, delivery mode, component, end user, and region: 

Clinical Trials Management System (CTMS) Type Outlook (Revenue, USD Million, 2014 - 2025)

• Enterprise
• Site

Clinical Trials Management System (CTMS) Delivery Mode Outlook (Revenue, USD Million, 2014 - 2025)

• Web-based
• Cloud-based
• On-Premise

Clinical Trials Management System (CTMS) Component Outlook (Revenue, USD Million, 2014 - 2025)

• Software
• Services

Clinical Trials Management System (CTMS) End-User Outlook (Revenue, USD Million, 2014 - 2025)

• Pharmaceutical and Biotechnology Firm
  • Johnson & Johnson
  • Roche
  • Novartis
  • Pfizer
  • Merck
  • GlaxoSmithKline
  • Novo Nordisk
  • Amgen
  • Bristol Myesr Squibb
  • Sanofi
• CROs
• Medical Device Firm

Clinical Trials Management System (CTMS) Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
  • Belgium
  • Netherlands
• Asia Pacific
  • Japan
  • China
  • India
  • Thailand
  • Australia
  • Singapore
  • Malaysia
  • Indonesia
  • South Korea
  • Philippines
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • United Arab Emirates

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.

Clinical Microbiology Market: In- Depth Analysis of Regional Overview & Growth by 2025

The global clinical microbiology market size is expected to reach USD 16.7 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.7% over the forecast period. Clinical microbiology depends on technical and skilled workforce to process and interpret results of clinical specimens. Clinical staff have been complaining about poor Turnaround Time (TAT) of tests. However, with technological advancements, a number of laboratory instruments and equipment are being replaced with automated devices to minimize human error and dependency on skilled workforce.

In addition, automation has benefits such as reduced TAT and use of labor and lab space, thereby reducing overall cost associated with these tests. Manufacturers are focusing on introduction of automatic specimen processing, plate reading, and organism identification. GE Healthcare, PerkinElmer, and Thermo Fisher are some of the key players offering automated systems in the diagnostics industry.

Rising cases of hospital-acquired infections (HAI) is also fueling demand for clinical microbiology for diagnosis and monitoring. As high-income countries are stepping up their pursuit of countering hospital-acquired infections, middle- and low-income countries are recognizing the threat. Introduction of automated systems and innovative designs is expected to intensify market competition and change market dynamics over the forecast period.

The World Health Organization (WHO) is particularly active in countries such as Ethiopia, Burkina Faso, Nigeria, Algeria, and Senegal, where occurrence of HAIs ranged between 2.5% and 14.8%. This has led to increased demand for HAI diagnostics in these countries. Countries such as India, Sri Lanka, Pakistan, and Bhutan are also actively participating in HAI awareness programs. India and China are projected to be the main countries driving demand for HAI diagnostics instruments and tests in future.

Access Research Report of Clinical Microbiology Market@ www.grandviewresearch.com/industry-analysis/clinical-microbiology-market

Further key findings from the study suggest:

• Owing to rapid adoption of technology and automation of work flow, laboratory instruments are expected to form the fastest growing segment over the forecast period
• Reagents captured the largest revenue share in 2016 owing to repeat purchase of reagents
• In 2015, North America dominated the global market. Continuous research on infectious disease treatment and subsequent grants from government healthcare agencies are contributing to development of a strong ecosystem in the region
• Asia Pacific is expected to emerge as the fastest growing region during the forecast period owing to rising geriatric population in India, China, and Japan. This has resulted in high prevalence of re-emerging infectious diseases such as tuberculosis, cholera, and typhoid
• The clinical microbiology market is presently dominated by a few key participants such as bioMerieux S.A.; Cepheid Inc.; Danaher Corporation; and Bruker Corporation
• Other prominent players operating in the market include Becton Dickinson & Company; Hologic Inc.; Roche Diagnostics; and Alere Inc.

Grand View Research has segmented the global clinical microbiology market on the basis of product, application, and region:

Clinical Microbiology Product Type Outlook (Revenue, USD Million, 2014 - 2025)

• Laboratory Instruments
  • Incubators
  • Gram Stainers
  • Bacterial Colony Counters
  • Autoclave Sterilizers
  • Petri Dish Fillers
  • Automated Culture Systems
• Microbiology Analyzers
  • Molecular Diagnostic Instruments
  • Microscopes
  • Mass Spectrometers
• Reagents

Clinical Microbiology Application Type Outlook (Revenue, USD Million, 2014 - 2025)

• Respiratory Diseases
• Bloodstream Infections
• Gastrointestinal Diseases
• Sexually Transmitted Diseases
• Urinary Tract Infections
• Periodontal Diseases
• Other Diseases

Clinical Microbiology 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 and Africa
  • South Africa

About Grand View Research

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

Liquid Biopsy Market to Expand with Significant CAGR During the Forecast Period

The global liquid biopsy market size is expected to reach USD 5.96 billion by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 13.4% during the forecast period. Enhanced view of tumor provided by liquid biopsy technology is estimated to augment the market in coming years.

While tissue biopsies have been standard for cancer diagnosis for past several year, their highly invasive nature and frequently associated complications have been major concerns. Moreover, these biopsies lead to high expenditure being incurred by patients. Liquid biopsies, on the other hand, offer a less invasive methodology along with high effectiveness. Thus, there are a number of key private organizations involved in rigorous R&D activities for liquid biopsy test development and it is only a matter of time before these procedures grow in prominence in diagnostic paraphernalia of oncologists and pathologists.

Access Research Report of Liquid Biopsy Market@ www.grandviewresearch.com/industry-analysis/liquid-biopsy-market

Further key findings from the report suggest:

• Technological developments such as electric field induced release and measurement (EFIRM)- Liquid Biopsy (eLB), which provides detection that can assist clinical treatment decisions for most common subtype of cancers are expected to drive the uptake of saliva based sampling over the forecast period
• Currently, clinical use of isolation and detection technology is limited to CTC quantitation but the number of CTCs is found to hold significant correlation with disease severity. This is, thus, estimated to augment the market over the coming years
• Rising awareness regarding advantages of multiple gene analysis along with the help of NGS is anticipated to support the growth of the market
• Organizations such as American Society of Clinical Oncology (ASCO) are engaged in supporting implementation of liquid biopsy, which in turn is likely to spur the growth of the market
• Intensifying competition between biotech companies and increasing investments by government in healthcare institutes will lead to development of more sophisticated tests
• Companies engaged in R&D and commercialization of these products include Pathway Genomics; Natera Inc.; Epic Sciences; Illumina; Foundation Medicine; Roche; LabCorp; and Sequenom

Grand View Research has segmented the global liquid biopsy marketon the basis of application, sample type, biomarker, technology, and region:

Liquid Biopsy Application Outlook (Revenue, USD Million, 2013 - 2030)

• Therapy Selection for Metastatic Breast Cancer (MBS)
• Therapy Selection for Other Metastatic Cancer
• Molecular Health Monitoring

Liquid Biopsy Sample Type Outlook (Revenue, USD Million, 2013 - 2030)

• Blood Sample based
• Urine Sample based
• Other Bio Fluids (Tissue fluids and Saliva) based

Liquid Biopsy Biomarker Outlook (Revenue, USD Million, 2013 - 2030)

• Circulating Tumor Cells (CTC)
• Circulating Tumor DNA (ctDNA)
• Exosomes

Liquid Biopsy Technology Outlook (Revenue, USD Million, 2013 - 2030)

• Multi-gene-parallel Analysis (NGS)
• Single Gene Analysis (PCR Microarrays)

Liquid Biopsy Regional Outlook (Revenue, USD Million, 2013 - 2030)

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

About Grand View Research

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

Payment Security Market to Expand with Significant CAGR During the Forecast Period

The global payment security market size is expected to reach USD 43.76 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 12.3% during the forecast period. Rising need for PCI DSS (payment card industry data security standard) compliance and adoption of digital payment mode by consumers are likely to stoke the growth of the market. The payments industry is going through a movement of infrastructure transformation, which is essential to compete efficiently with non-bank trendsetters and address progressing customer requirements.

Over the past few years, major economies have modernized their payment infrastructures and many others are scheduling to upgrade. Digital payments aid merchants in maintaining continuous compliance with PCI DSS, which is further anticipated to bolster the growth of the payment security market. In March 2015, Worldpay noted over 133,000 fraudulent transactions reported, which interpreted stolen card details being used every 20 seconds. Thus, payment security providers help its customer's systems to protect itself from threats and aim to provide secure businesses by getting them to comply with PCI DSS. Therefore, the payment security market is estimated to be driven by the adoption of PCI DSS compliance.

Fraud detection and prevention solutions hold the largest share in the overall market. These solutions provide various fraud analytics solutions such as big data and predictive analytics. Big data and predictive analytics helps to detect and avoid frauds.

Access Research Report of Payment Security Market

Further key findings from the report suggest:

• The global payment security market had a valuation of USD 15.79 billion in 2017
• Encryption platform emerged as the fastest growing segment over the forecast period
• Large enterprises represented the leading segment in terms of organization in 2017 and are projected to generate revenue over USD 29.80 billion by 2025
• The education market is poised to witness the highest CAGR of 13.4% over the forecast period
• North America was the leading revenue contributor in 2017. Rising number of startups in the retail industry and presence of prominent payment security providers in the region is expected to drive the North America payment security market
• Key players include Braintree, CyberSource, Ingenico, and Index among others. These players commanded the leading revenue share in the market in 2017.

Grand View Research has segmented the global payment security market on the basis of solution, platform, organization, application, and region:

Payment Security Solution Outlook (Revenue, USD Million, 2014 - 2025)

• Encryption
• Tokenization
• Fraud Detection & Prevention

Payment Security Platform Outlook (Revenue, USD Million, 2014 - 2025)

• Web based
• POS based

Payment Security Organization Outlook (Revenue, USD Million, 2014 - 2025)

• Small and Medium Enterprises
• Large Enterprises

Payment Security Application Outlook (Revenue, USD Million, 2014 - 2025)

• Retail & ecommerce
• Travel & Hospitality
• Healthcare
• Telecom & IT
• Education
• Media & Entertainment
• Others

Payment Security Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Turkey
  • Sweden
  • Spain
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Malaysia
  • Singapore
  • Indonesia
  • Australia
• South America
  • Brazil
  • Argentina
• Middle East & Africa
  • U.A.E
  • Saudi Arabia
  • Egypt

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.

Targeting Pods Market is Anticipated To Incur The Fastest Growth with a CAGR of 6.3% by 2025

The Report Targeting Pods Market Size, Share & Trends Analysis Report By Type (FLIR & Laser Designator, Laser Designator, FLIR), By Component, By Fit, By Platform, By Region, And Segment Forecasts, 2018 - 2025

The global targeting pods market size is expected to reach USD 5.21 billion by 2025, according to a study conducted by Grand View Research, Inc., exhibiting a CAGR of 6.3% during the forecast period. Rise in terrorist activities across the globe and growing adoption of targeting pods by developing countries have boosted the market. These devices provide users with enhanced security and targeting capabilities.

Rising interest of targeting pod companies in gaining a significant share in the defense market in regions such as Middle East is expected to drive the adoption of targeting pods. For instance, Raytheon Company formed a new subsidiary named Raytheon Emirates with an aim to enhance its position in the UAE defense market. Additionally, presence of prominent targeting pod providers such as Israel Aerospace Industries Ltd. is driving market growth in the region.

The Asia Pacific market is expected to witness considerable growth owing to increasing need for public safety. Development activities undertaken by defense organizations in countries such as India is also leading to the growth of the market. Additionally, increased defense budgets of developing countries in the region is boosting the market.

However, decreased defense expenditure in developed countries may hamper market growth. Additionally, high costs of development and maintenance of targeting pods are expected to hinder market growth. Therefore, device providers are focusing on developing affordable solutions that can be used in other markets such as naval and defense.

Access Research Report of Targeting Pods Market @ https://www.grandviewresearch.com/industry-analysis/targeting-pods-market

Further key findings from the study suggest:

• FLIR and laser designator pods offer Ground Moving Target Indication (GMTI) capability. Therefore, the segment is expected to register the highest CAGR over the forecast period on the basis of type
• FLIR sensors provide two-way communication and long-range target acquisitions. Thus, based on component, the segment is likely to exhibit the fastest growth rate through 2025
• The OEM fit segment is anticipated to clock in the highest CAGR owing to increasing adoption of targeting pods by governments to enhance security measures
• By way of platform, the UAV segment is anticipated to exhibit the highest CAGR owing to benefits offered such as convenience and enhanced battery life
• Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to increased defense expenditure by countries such as China and India
• Prominent industry participants include Thales Group; FLIR Systems, Inc.; L3 Technologies, Inc.; Raytheon Company; Lockheed Martin Corporation; and Smiths Detection Inc.

Grand View Research has segmented the global targeting pods market based on type, component, fit, platform, and region:

Targeting Pods Type (Revenue, USD Million, 2014 - 2025)

• FLIR & Laser Designator Pods
• Laser Designator Pods
• FLIR Pods
• Laser Spot Tracker Pods

Targeting Pods Component Outlook (Revenue, USD Million, 2014 - 2025)

• FLIR Sensor
• Charge Coupled Device (CCD) Camera
• Environmental Control Unit (ECU)
• Moving Map System (MMS)
• Video Datalink
• Digital Data Recorder
• Processor
• High Definition (HD) TV

Targeting Pods Fit Outlook (Revenue, USD Million, 2014 - 2025)

• OEM Fit
• Upgrades

Targeting Pods Platform Outlook (Revenue, USD Million, 2014 - 2025)

• Combat Aircraft
• Unmanned Aerial Vehicle (UAV)
• Attack Helicopters
• Bombers

Targeting Pods Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• RoW

About Grand View Research

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

Online Event Ticketing Market to Reach USD 67.99 Billion by 2025: Grand View Research Inc.

The global online event ticketing market size is expected to reach USD 67.99 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.8% CAGR during the forecast period. Growing demand for online ticketing can be attributed to increased Internet accessibility and overall hassle-free experience in booking processes.    

Event ticketing processes have witnessed a paradigm shift from traditional booking of tickets at event venue counters to purchasing tickets in advance from the comfort of one’s home. Over the years, booking of tickets through smartphones and tablets has gained immense popularity on account of the perceived ease and flexibility of the procedure and user-friendly, attractive mobile interfaces developed by service providers.

Major ticketing vendors are focusing on providing mobile applications and making websites customer-friendly to facilitate quick and easy ticketing transactions. Such applications enable customers to access all types of information about the event, ticket pricing, seating layouts, and other relevant information.

On account of intensifying competition in the online ticketing industry, service providers are vying to secure long-term contracts with theatres, production houses, sports authorities, and local event organizers in order to ensure sustainability. Promotion of movies, sports tournaments, music concerts, and stand-up comedy shows on the websites of service providers forms a sizeable portion of their revenue.

Uncertainties associated with online booking of tickets are high as demand fluctuates based on the popularity of the event. In case of movies, the stage of lifecycle a movie has reached plays a pivotal role in demand for online booking. To elaborate, 2-3 weeks after a film’s release, patrons prefer purchasing tickets at the counter instead of paying additional surcharge fees since movie halls are comparatively less crowded during that time.

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

Further key findings from the report suggest:

• Mobile applications are expected to surpass the traditional Internet platform for online movie booking services by 2019, which can be attributed to increased penetration of smartphones and improved connectivity through affordable 3G and 4G LTE Internet packs
• Asia Pacific is expected to witness significant growth over the forecast period due to increasing penetration of Internet and smart devices
• Increased disposable income is resulting in a rise in discretionary spending on entertainment and leisure. Moreover, movies account for a major part of the entertainment sector, which may catapult demand over the coming years
• Increasing movie releases worldwide is also expected to drive online movie booking services
• Venue owners and concert organizers across the globe are selling VIP packages, including premium food and beverages, backstage access, preferred seats, and VIP restrooms, which is expected to increase market growth.

Grand View Research has segmented the global online event ticketing market on the basis of platform, event type, and region:

Online Event Ticketing Platform Outlook (USD Million, 2014 - 2025)

• Desktop
• Mobile

Online Event Ticketing Event Type Outlook (USD Million, 2014 - 2025)

• Sports
• Music & Other Live Shows
• Movies

Online Event Ticketing Regional Outlook (USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Middle East & Africa
• Latin America
  • Mexico
  • Brazil

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.