Market Research News

Thursday 28 June 2018

Wind Turbine Casting Market Size Likely To Reach A Valuation Of Around USD 3.27 Billion By 2025 : Grand View Research, Inc.

The global wind turbine casting market is expected to reach USD 3.27 billion by 2025, according to a new report conducted by Grand View Research, Inc. The growing demand for electricity in developing countries including China, India, South Africa, and Brazil on account of increasing population and urbanization will drive the application of wind turbines. Furthermore, increasing government spending on energy research and the development of clean energy is expected to aid in the market expansion.

Increasing wind energy installations coupled with the rapid depletion of fossil fuels will drive the demand for wind turbines, which in turn will fuel the casting industry growth over the forecast period. Moreover, the growing requirement for the reduction of carbon footprint and emissions is expected to spur the industry expansion over the upcoming years.

Full Research Report On wind turbine casting market Analysis: http://www.grandviewresearch.com/industry-analysis/wind-turbine-casting-market

Further key findings from the report suggest:

· The global wind turbine casting industry is expected to grow significantly at a CAGR of 7.4% in light of increasing application of turbines to generate energy from natural resources in emerging countries such as China, India, South Korea, Brazil, Japan, and UAE

· Low maintenance costs and product development of the wind turbines will amplify the usage of these products in energy generation and create opportunities for the market in the future

· North America accounted for 17% of the overall revenue share in 2015 and is projected to witness significant growth on account of rising number of wind energy installations in the region. Moreover, the development of offshore energy will create opportunities for the market over the upcoming years. In 2015, 8,598 MW was added to the existing capacity of 65,877 MW in the U.S.

· Central & South America is anticipated to witness considerable growth at a CAGR of 8.3% from 2016 to 2025 owing to positive outlook towards renewable energy production in Argentina, Brazil, Chile, Uruguay, and Venezuela. In 2015, Brazil added 2,754 MW to the existing capacity of 5,962 MW.

· Key participants including Vestas, Sinovel, Goldwind, Enercon, DHI DCW Group Co., Ltd., Suzlon, Premier Heavy Engineering, SHW Casting Technologies GmbH & Co. KG, SAKANA Group, Global Castings, SEFORGE, Riyue Heavy Industry Corporation Ltd., and Elyria Foundry Company, LLC.

· The industry is highly fragmented in nature with a large number of manufacturers being present in Asia Pacific, North America, and Europe. In January 2017, Danish manufacturer Vestas signed a deal with Spanish developer Gestamp to supply 21 turbines for two projects in Brazil.

View More Reports of This Category by Grand View Research At: https://www.grandviewresearch.com/industry/renewable-energy

Grand View Research has segmented the global wind turbine casting market on the basis of type, application and region:

Type Outlook (Revenue, USD Million; 2014 - 2025)

· Horizontal axis

· Vertical axis

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

· Onshore

· Offshore

· Others

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

· North America

o U.S.

· Europe

o Germany

o UK

· Asia Pacific

o China

o India

· Central & South America

o Brazil

· MEA

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-wind-turbine-casting-market

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

For More Information: www.grandviewresearch.com

Biophotonics Market Size Is Projected To Reach A Valuation Of USD 34.29 Billion by 2024 : Grand View Research, Inc.

The global biophotonics market was valued at USD 34.29 billion in 2015, which is estimated to reach USD 91.31 billion by 2024, according to a new report by Grand View Research, Inc. The developments in optical technologies, increasing investigations by researchers, and mounting demand for early diagnosis are anticipated to drive the market growth over the forecast period. Biophotonics, being an evolving area of scientific research, has several applications due its ability to harnesses light for comprehending the functioning of cells and tissue in living organisms. This further aids in the better diagnosis of health problems.

Biophotonics market is projected to witness a high growth during the forecast period, owing to its application in optical techniques while simultaneously preserving the integrity of the biological cells under surveillance. New laser microscopes are being developed which permit measurements of distinct molecules and tissues at exceptional resolutions.

Biophotonics also finds applications in numerous procedures including new laser microscopes, which allow exceptional specifications of molecules & single tissues, optical coherence tomography that assists in the minute imaging of biomaterials, and novel light-activated chemicals utilized for welding tissues through surgical procedures.

Considering the enormous application areas, it is becoming perplexing for the key market players to commercialize this technology. However, the market is confronted with a slow commercialization rate due to the low acceptance from end-users, price sensitivity, and concerns pertaining to authenticity, quality, and reliability of the products.

Full Research Report On biophotonics market Analysis:
http://www.grandviewresearch.com/industry-analysis/biophotonics-market

Further key findings from the report suggest:

· The non-medical end-use segment is expected to emerge as the fastest-growing segment over the forecast period. The snowballing demand in the non-medical applications is predicted to offer several growth avenues over the next few years. The usage of biophotonics to examine tissues at macro and micro levels and diagnose diseases effectively is expected to be a key reason for its surging end-use applications.

· The light therapy segment is projected to grow at a CAGR of 14.88% over the forecast period. It accounted for 3.6% of the total market revenue in 2014. This is followed by the surface imaging segment, which is expected to exhibit a high market growth. In addition to this, the market is expected to observe growth with increasing adoption of this technology across various industries, such as biotechnology, therapeutics, agriculture, diagnostics, and life sciences R&D. Other impact rendering applications include environmental monitoring, food analysis, dosimetry, dentistry, and medical imaging utilizing endoscopy and Raman spectroscopy.

· The Asia Pacific biophotonics market is expected to grow at a CAGR exceeding 13% over the next few years. Due to the augmented investment in R&D activities, coupled with the increasing prevalence of cancer, the market is expected to witness a substantial growth. The increasing healthcare expenditure and rising government initiatives are expected to fuel the demand for the regional market.

· The prominent industry participants include IPG Photonics Corp., Idex Corp., Toshiba, Procter & Gamble, Horiba, Precision Photonics Corp. (PPC), Roche, GE, Philips, and Danone. The market is projected to exhibit an aggressive competition in the arena of technological development, leading to the application of biophotonic devices in households.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/technology

Grand View Research has segmented the global biophotonics market on the basis of end-use, application, and region.

Biophotonics End-Use Outlook (Revenue, USD Billion; 2013 - 2024)

· Tests and components

· Medical therapeutics

· Medical diagnostics

· Non-medical application

Biophotonics Application Outlook (Revenue, USD Billion; 2013 - 2024)

· See-Through Imaging

· Microscopy

· Inside Imaging

· Spectro Molecular

· Other Analytics Sensing

· Light Therapy

· Surface Imaging

· Biosensors

Biophotonics Regional Outlook (Revenue, USD Billion; 2013 - 2024)

· North America

· Europe

· Asia Pacific

· RoW

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-biophotonics-market

Wednesday 27 June 2018

Strapping Machine Market expected to reach USD 6.4 billion by 2025 : Grand View Research, Inc.

The global strappingmachine market is expected to reach USD 6.4 billion by 2025, growing at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Globally increasing demand from Asia Pacific region has been a major factor driving market growth. In addition, significant growth in various application industries such as food & beverage, packaging, and consumer goods is further boosting the market growth.

Strapping machines are extensively used in the packaging industry for the strapping or wrapping of goods as packages held tight & together have a longer shelf life. Growing need for safe shipping of the various products from applications such as food & beverages, consumer appliances, household appliances, newspaper and other merchandises goods are fueling the demand for the strapping machines over the forecast period.

Semi-automatic was the largest category in 2016 and the trend is expected to continue over the forecast period. Semi-automatic strapping machines are extensively used owing to its reduced maintenance cost, adjustable height, strap variety, and high tension control.

Asia Pacific is expected to continue its domination over the forecast period primarily driven by the presence of major economies such as India, China, Japan, and others. Asia Pacific expected to experience the fastest growth over the forecast period with an estimated CAGR of 5.6% from 2017 to 2025.

Full Research Report On strapping machine market Analysis: http://www.grandviewresearch.com/industry-analysis/strapping-machine-market

Further key findings from the report suggest:

· Globally, polypropylene (PP) as a strapping material is projected to experience significant growth in terms of revenue growing at a rate of 5.5% between 2017 and 2025. The growth can be attributed to rising demand from the packaging industry and growing need for increasing shelf life of goods.

· Asia Pacific accounted for the largest market in 2016 with an estimated revenue of USD 1.4 billion and the growth is expected to be fueled significantly owing to the presence of major economies such as India, China, and Japan. China held the largest market share in 2016 and is expected to witness higher growth rate for strapping machines due to increasing purchasing power parity and growing packaging industry.

· Key players in the market includes Dynaric Inc., Samuel Strapping Systems, Signode Packaging Systems Corporation, Fromm Holdings AG, Messersì Packaging S.r.l., Mosca GmbH, Polychem Corporation, MJ Maillis S.A., StraPack Inc., Strapex Group, Transpak Equipment Corp., and others. The major players in the market are working together to form joint venture, partnerships, collaborations which would enable them to maintain the market share over the forecast period.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global strapping machine market based on product, material, application and region:

Strapping Machine Product Outlook (Revenue, USD Million; 2014 - 2025)

· Semi-automatic

· Automatic

· Fully automatic

Strapping Machine Material Outlook (Revenue, USD Million; 2014 - 2025)

· Steel

· Polypropylene

· Polyester

Strapping Machine Application Outlook (Revenue, USD Million; 2014 - 2025)

· Food & beverage

· Consumer electronics

· Household appliances

· Newspaper & graphics

· Others

Strapping Machine Regional Outlook (Revenue, USD Million; 2014 - 2025)

· North America

o U.S.

· Europe

o UK

o Germany

· Asia Pacific

o China

o India

o Japan

· Central & South America

o Brazil

· Middle East & Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-strapping-machine-market

Concrete Admixture Market value is expected to reach USD 33.6 billion by 2025 : Grand View Research, Inc.

The global concrete admixture market value is expected to reach USD 33.6 billion by 2025, according to a new report by Grand View Research, Inc. Rising investment in the hospitality sector is expected to propel the market growth.

Major market players are implementing growth-through-acquisition strategy to increase their market presence. The market is observing a rise in strategic mergers among key industry players. For instance, the key merger of the concrete admixture market in 2016 is the strategic collaboration of the U.S. based Huntsman Corp and Clariant AG. This merger is anticipated to create a market value of USD 14 billion.

The concrete admixture is largely used in the construction processes for the building bridges, arches, tunnels, buildings, road slabs, and others. The construction sector growth is largely dependent on the emerging countries. Major events generate big infrastructure reforms. For example, Brazil witnessed heavy investment in infrastructure sector to uphold the Olympic games held in 2016. Similarly, Qatar is likely to see major growth in infrastructure development subjected to upcoming FIFA world cup in 2022.

The water reducing agents such as plasticizers and superplasticizers are anticipated to dominate the global concrete admixture market over the forecast period. The water reducing agents are used to reduce the water content in the concrete by 5% to 12%. The product is gaining prominence due to its distinct feature to reduce water content while maintaining workability of the concrete for easy placement and consolidation.

Full Research Report On concrete admixture market Analysis: http://www.grandviewresearch.com/industry-analysis/concrete-admixtures-market

Further key findings from the report suggest:

· The global demand for concrete admixture market was USD 18.4 billion in 2016 and is expected to grow at a CAGR of around 7.0% over the forecast period to exceed a total revenue of over USD 33.6 billion by 2025.

· Water reducing agents was the biggest segment in the market accounting for over 43% of the total revenue in 2016

· Non-residential and infrastructure was the largest application segment with a demand of over USD 12.4 billion in 2016, growing at a CAGR of 6.7%

· The APAC is expected to be the largest regional market with a projected CAGR of 8.5% over the forecast period

· The industry is dominated by a few multinational corporations such as BASF SE, The Dow Chemical Company, and Sika AG. Companies are moving towards strategic mergers and acquisition to increase their international presence and gain significant market share.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the global concrete admixtures market by type, application, and region:

Concrete Admixture Type Outlook (Volume, Kilotons, Revenue, USD Million, 2014 - 2025)

· Water reducing agents

· Waterproofing agents

· Accelerating agents

· Air-entraining agents

· Retarding agents

· Others

Concrete Admixture Application Outlook (Volume, Kilotons, Revenue, USD Million, 2014 - 2025)

· Residential

· Non-residential and Infrastructure

Concrete Admixture Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2014 - 2025)

· North America

o U.S.

o Canada

· Europe

o Germany

o France

o UK

o Italy

· Asia Pacific

o China

o India

· Latin America

o Brazil

· Middle East & Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-concrete-admixtures-market