AR Market Expected To Grow Owing To Advances In Hardware Technologies Till 2024 : Grand View Research, Inc.

The augmented reality (AR) Market size is expected to reach USD 100.24 billion by 2024, according to a new report by Grand View Research, Inc. The AR market is expected to witness a substantial growth owing to advances in hardware technologies and sophisticated mobile software.

Emerging trends such as mounting convergence between wearable devices, AR, and Internet of Things (IoT) are anticipated to drive demand. The convergence amongst these technologies is expected to provide more interactive and immersive user experience.

AR has been used efficiently in marketing and PR initiatives for television, motion picture and other media promotional campaigns. Hence, growing adoption of AR technology by the entertainment sector is projected to drive the market over the forecast period.

Rising conceptualization in entertainment-related plans is observed as a lucrative opportunity for the industry. For example, Magic Leap, an augmented reality company, is developing a technology called as Dynamic Digitized Lightfield Signal that shines on the retina of the user and allows interaction between fictional characters and the real world.

Full research report on augmented reality (AR) Market analysis: http://www.grandviewresearch.com/industry-analysis/augmented-reality-market

Further key findings from the report suggest:

·         The hardware segment is estimated to grow at a CAGR of over 90% over the forecast period. Companies such as Sony and Microsoft are expected to commercialize their devices in 2016, which is expected to bolster growth over the forecast period. Further, several companies are working on enhancing the quality of sensors and processors used in AR devices. For instance, Google has collaborated with the chip manufacturers to build camera components and processors for Android phones.

·         Increasing penetration of smartphones and tablets are expected to drive the software segment, growing at a CAGR of over 55% from 2016 to 2024. Increasing demand for AR apps in retail, gaming and entertainment is expected to contribute to the industry growth.

·         The head-mounted display (HMD) segment is anticipated to dominate the market growing at a CAGR of nearly 70%from 2016 to 2024. It can be attributed to the increasing scope of applications across the military, medicine, scientific visualization, manufacturing, education, training, navigation, and entertainment. The other factors driving demand include better content connectivity, enhanced user-experience and improved Field of View (FOV).

·         The adoption of smart glasses is expected to increase significantly in the consumer segment. Several companies are developing advanced smart glasses which are more user-friendly, light weight and offer better FOV.

·         Automotive sectors expected to grow at CAGR of over 70% over the forecast period. Virtual technologies are increasingly used in automotive in response to the rising number of model and equipment variants in the vehicle design and development process. For instance, Volkswagen used spatial AR to put across virtual data onto the actual vehicle design models that allow the analyses of components. As a result, it saves time and cost required for product development.

·         Asia Pacific AR market is estimated to reach over USD 44.30 billion by 2024. China is anticipated to drive regional growth with the increase in adoption of AR devices and mobile apps. In 2014, China witnessed a rapid enhancement in hardware manufacturing, as a result, several chipset manufacturers are planning to support AR technology by immensely investing in the technology.

·         The key industry participants include AU Optronics Corp., Cambridge Display Technology Ltd., LG Display Co., Mitsubishi Electric Corporation, Panasonic Corporation, Sony Corp., and Toshiba Corp. The players engage in frequent merger & acquisitions to increase their product portfolio and geographical presence to gain competitive advantage.

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

Grand View Research Inc. has segmented the global augmented reality market on the basis of component, display, application, and region:

  Augmented Reality(AR) Component Outlook (Revenue, USD Million, 2014 - 2024)

·         Hardware

·         Software

  Augmented Reality(AR) Display Outlook (Revenue, USD Million, 2014 - 2024)

·         Head-Up Display (HUD)

·         Head Mounted Display (HMD)

·         Smart Glass

  Augmented Reality(AR) Application Outlook (Revenue, USD Million, 2014 - 2024)

·         Aerospace & defense

·         Medical

·         Gaming

·         Industrial

·         Automotive

·         E-commerce &Retail

·         Others

  Augmented Reality(AR) Regional Outlook (Revenue, USD Million, 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

Access press release by Grand View Research: https://www.grandviewresearch.com/press-release/global-augmented-reality-market

About Grand View Research

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

For more information: http://www.grandviewresearch.com

Paek Market Size Is Expected To Reach USD 1.50 Billion By 2025 Due To Rising Demand For PAEK : Grand View Research, Inc.

The global polyaryletherketone (PAEK) market size is expected to reach USD 1.50 billion by 2025, at a CAGR of 8.3% from 2017 to 2025, according to a report by Grand View Research, Inc. Rising demand for PAEK owing to its superior properties including high electrical strength, low permeability, good energy radiation resistance, and outstanding chemical resistance is expected to augment the industry size over the forecast period.

Consumption of polyetherketoneketone (PEKK) has been on a rise as it offers various properties such as inherent flame retardancy, compressive strength, and wear and creep resistance. This is expected to increase its demand in dental tools, body implants, and drug delivery in medical applications.

The medical application segment accounted for 9.6% of the overall revenue in 2016 and is expected to witness strong growth on account of high usage of polyether ether ketone (PEEK) in the spinal area, anterior cervical corpectomy and fusion, rotator cuffs and shoulder labrum repair, maxillofacial defects, and dental work. Increasing demand for implants and nonmetal dental disc and sterilizing hardware in the medical sector is expected to augment PAEK demand.

Full research report on polyaryletherketone (PAEK) market analysis: https://www.grandviewresearch.com/industry-analysis/polyaryletherketone-paek-market

Further key findings from the report suggest:

·         PEEK polymer is anticipated to witness significant volume gains with a predicted CAGR of 7.6% from 2017 to 2025. This is attributed to rising consumption in the automotive, medical, oil and gas, and aerospace industries. PEEK find application in products including bearings, electrostatic, cookware, industrial coatings, and body implants

·         Asia Pacific has a strong customer base and accounted for 20.3% of the overall revenue in 2016. The automotive sector in Japan is one of the most prominent and significant industries in the world. Presence of key automobile companies, including Toyota, Honda, Daihatsu, Nissan, and Suzuki, is projected to have a positive impact on this market

·         Increased penetration of aircraft manufacturers in China, along with rising government investments in R&D, is expected to drive the aerospace sector in the country, which will propel expansion of the market for PAEK

·         Key players dominating the PAEK market are Victrex Plc., Evonik Industries AG, Gharda Chemicals Ltd., Caledonian Industries Ltd., JK Overseas, Solvay S.A., and Arkema Group. Product innovation is expected to remain a critical success factor for industry participants in future

·         In February 2017, TxV Aero Composites, a joint-venture between Victrex Plc. and Tri-Mack Plastics Manufacturing Corporation, was formed to accelerate commercial adoption of PAEK composites in the aerospace industry

·         In September 2017, Solvay S.A. announced it will produce high-performance polyether ether ketone (PEEK) polymers in U.S. in early 2018. This is to support its composite materials business so as to address rising demand in the aerospace industry. The company will commence production under the trade name NovaSpire at its site in Georgia, U.S.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the polyaryletherketone (PAEK) market on the basis of product, application, and region:

Polyaryletherketone Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Polyether ether ketone (PEEK)

·         Polyetherketone (PEK)

·         Polyetherketoneketone (PEKK)

·         Others

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

·         Automotive

·         General Engineering

·         Aerospace

·         Electricals & Electronics

·         Medical

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

·         North America

o    U.S.

·         Europe

o    Germany

o    U.K.

·         Asia Pacific

o    China

o    India

·         Central & South America

o    Brazil

·         Middle East & Africa

Access press release by Grand View Research: https://www.grandviewresearch.com/press-release/global-polyaryletherketone-paek-market

About Grand View Research

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

For more information: http://www.grandviewresearch.com

portable CT scan and X-ray device market Expected To Grow Due To Increasing demand for home healthcare Till 2020: Grand View Research, Inc.

The global portable CT scan and X-ray device market are expected to reach USD 8.41 billion by 2020. Increasing demand for home healthcare, bedside imaging, and growing use of CT scan to assess the accuracy of medical implants, post interventional medical procedures and anatomical confirmation are key factors driving industry growth.

Rising prevalence of diseases such as cancer, cardiovascular, dental and orthopedic disorder will also augment the growth of the market. Also, an increase in the number of medical implants surgeries owing to unhealthy lifestyle as well as growing base of geriatric population is expected to bolster demand.

The portable X-ray device were dominated by mobile X-ray machines on account of rising demand for core diagnostic and bedside imaging. These device also eliminate the requirement for multiple radiology departments in a healthcare institution, thus promoting industry growth. The handheld X-Ray device market is poised to experience substantial growth over the forecast period owing to high maneuverability and the introduction of products such as NOMAD Pro.

Portable CT scan device market was dominated by the medium slice scanners due to high image resolution capabilities and high usage rates. Medium slice scanner accounted for over 58% of portable CT scan by technology in 2013. Digital radiography, owing to increasing demand for manufacturing filmless X-ray and PACS based radiology device, is identified as the fastest growing technology among the overall market.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/portable-x-ray-and-ct-scan-device-industry

North America is expected to dominate the market demand for these device over the forecast period owing to high expenditure on healthcare, reimbursement framework and sophisticated healthcare infrastructure. However, Asia Pacific is expected to witness the fastest growth, growing at a CAGR of more than 9% owing to improving healthcare infrastructure particularly in emerging economies such as China and India. In addition, the advent of technologically advanced and economical products catering to cost sensitive clientele in the region will fuel the growth of the market.

Supportive government regulations in Asia Pacific promoting manufacturing in the region is expected to drive demand for portable medical machines. Furthermore, low labor cost coupled with abundant tier I companies is projected to propel portable medical machines manufacturing in the region. As a result, product cost is likely to decrease over the forecast period owing to technological advancements which in turn is expected to drive demand, particularly in the emerging economies.

Philips Healthcare was the dominant player in the portable X-ray machines market with a market share of over 17% in 2013. Philips possessed an extensive product portfolio ranging from stationary X-ray systems to digital and portable X-ray systems. Some of the other key players in the industry are Hitachi Medical Systems and Varian Medical Systems, GE Healthcare, and Siemens Healthcare.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/healthcare

Grand View Research has segmented the global portable X-ray and CT scan device market on the basis of product, technology and region:

Portable X-ray and CT Scan device Product Outlook

·         X-Ray device

·         Mobile X-Ray device

·         Handheld X-Ray device

·         CT Scan device

Portable X-ray and CT Scan device Technology Outlook

·         X-Ray device

·         Analog

·         Computed Radiography

·         Digital Radiography

·         CT Scan device

·         Low Slice Scanners

·         Medium Slice Scanners

·         High Slice Scanners

Portable X-ray and CT Scan device Regional Outlook

·         North America

·         Europe

·         Asia-Pacific

·         RoW

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-portable-x-ray-and-ct-scan-devices-industry

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

Thermal Barrier Coatings Market Expected To Grow Due To Owing To The Increased vapor deposition technologies for coating application Till 2024: Grand View Research, Inc.

The global thermalbarrier coatings market is expected to reach a market size of USD 22.30 billion by 2024, according to a new report by Grand View Research, Inc. The industry is expected to witness significant growth over the forecast period owing to the increased adoption of air plasma and vapor deposition technologies for coating application, thereby increasing the demand from various application segments, globally.

The rising demand from gas turbine applications across stationary power plants, aerospace, and automotive industries is also expected to propel demand over the forecast years. The technological advancements in the industry have widened the application scope of these coating products in the aforementioned segments. This is expected to offer significant growth potential for industry players in the industry during the forecast period.

Aerospace is the most important application segment, globally. The rapidly increasing air passenger traffic worldwide led to immense pressure on the aviation industry for more aircraft. This resulted in increased demand for aero-engines and turbines, which further resulted in increased demand for the product. This is expected to be a key trend in the industry during the projected years.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/thermal-barrier-coatings-tbc-market

Further key findings from the report suggest:

·         Globally, the aerospace application segment dominated the overall industry, and is expected to witness considerable growth during the forecast period, growing at a CAGR of over 6% during the forecast period; the rapid growth can be attributed to growing demand for gas turbines in the aviation industry.

·         Growing adopting of the product in defense and marine application is expected to propel growth over the next eight years. The increasing military expenditures by emerging countries and increasing political instability across the globe are among the key reasons that are expected to impact the procurement of automobiles with advanced equipment and heat management technologies.

·         North America dominated the thermal barrier coatings industry in 2015 with an estimated revenue of over USD 3.5 billion; the industry in this region is projected to grow significantly owing to the increasing technological advancements in the region promoting the adoption of thermal barrier coatings across applications.

·         In the North American industry, the stationary power plants segment is expected to witness the highest growth during the forecast period, projected to grow at a CAGR of nearly 7% in terms of revenue.

·         Globally, Asia Pacific is expected to witness the highest growth during the forecast period in the industry, growing at a CAGR of over 8%. This region is dominated primarily by China, the market in which is expected to witness growth at a CAGR of nearly 9% during the forecast period.

·         Key participants in the given industry include Praxair Surface Technologies, Metallisation Ltd., TST Engineered Coating Solutions, and Precision Coatings, Inc., among others. New product developments and innovation related to improving barrier properties of coatings are expected to strengthen their positions globally.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the thermal barrier coatings market on the basis of product, application, technology, coating combination, and region:

Product Outlook (Revenue, USD Million; 2013 - 2024)

·         Metal

·         Ceramic

·         Intermetallic

·         Others

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

·         Stationary Power Plants

·         Aerospace

·         Automotive

·         Others

Technology Outlook (Revenue, USD Million; 2013 - 2024)

·         Electron-beam Physical Vapor Deposition

·         High Velocity Oxy-fuel

·         Chemical Vapor Deposition

·         Air Plasma

·         Others

Coating Combination Outlook (Revenue, USD Million; 2013 - 2024)

·         Ceramic YSZ

·         Al₂O₃

·         MCrAiY

·         Mullite-based

·         Others

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

·         North America

o    U.S.

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

·         Middle East & Africa

o    Saudi Arabia

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-thermal-barrier-coatings-tbc-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