Market Research News

Monday 30 October 2017

Flue Gas Desulfurization (FGD) Market expected to reach USD 23.69 billion by 2020 : Grand View Research,Inc.

The Global Flue Gas Desulfurization (FGD) Market is expected to reach USD 23.69 billion by 2020, according to a new study by Grand View Research, Inc. Flue gas desulfurization market demand is expected to increase owing to growth in demand for electricity. In addition, stringent government regulations regarding emissions of harmful gases in the environment are also expected to drive the FGD market over the forecast period.

New FGD systems were the largest application segment accounting for USD 8.14 billion of global market revenue in 2013. Increasing number of coal-fired power plants in emerging economies is expected to be a key reason for high demand of new FGD systems. Flue gas desulfurization is also used in reagent & replacement applications, which were valued at USD 7.65 billion in 2013.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/flue-gas-desulfurization-market

Further key findings from the study suggest:

· Wet FGD systems dominated new FGD market and generated USD 6.86 billion in revenue in 2013 due to higher efficiency and low maintenance characteristics in comparison to other systems. Dry FGD systems are expected to witness the fastest growth, at an estimated CAGR of 5.5% from 2014 to 2020.

· Reagents & replacement is expected to be the fastest growing application, at an estimated CAGR of 6.9% from 2014 to 2020. Existing/old systems are expected to generate continuous demand for reagents and equipment replacement. This is expected to boost the equipment replacement systems market over the forecast period.

· Asia Pacific was the largest flue gas desulfurization market; it was valued at USD 8.52 billion in 2013 and is expected to witness the fastest growth, at an estimated CAGR of 10.2% from 2014 to 2020. The primary reason for expected growth is the high demand for new FGD systems along with rise in equipment repairs for existing FGD systems in emerging and high-growth markets of China, India, Japan, South Korea and Taiwan.

· Key companies in the market include Alstom S.A., Babcock & Wilcox, Siemens Energy, Thermax, Ducon Technologies Inc., Hamon Research-Cottrell, Mitsubishi Heavy Industries, and Marsulex Environmental Technologies.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/power-generation-and-storage

For the purpose of this study, Grand View Research has segmented the global flue gas desulfurization market on the basis of technology, application and region:

• Flue Gas Desulfurization Technology Outlook (Revenue, USD Million, 2012 - 2020)
          • Wet FGD Systems
          • Dry FGD Systems
  • Flue Gas Desulfurization Application Outlook (Revenue, USD Million, 2012 - 2020)
          • New FGD Systems
          • Reagents & Replacements
  • Flue Gas Desulfurization Regional Outlook (Revenue, USD Million, 2012 - 2020)
          • North America
          • Europe
          • Asia Pacific
          • RoW

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/flue-gas-desulfurization-fgd-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

Homeland security market expected to reach USD 452.46 billion by 2024 : Grand View Research,Inc.

The global homeland security market size is expected to reach USD 452.46 billion by 2024 according to a new report by Grand View Research, Inc. Technological advances in homeland security across the globe are expected to drive the market over the forecast period. Asia Pacific is anticipated to witness considerable growth owing to the advancements across emerging economies such as China and India. Currently, police modernization along with tackling terrorism is the largest growing segments in India with the increasing annual spending.

Manufacturers in the homeland security market are increasingly adopting mergers & acquisitions as a part of their growth strategy. For example, in 2015, Harris Corporation acquired Exelis Inc., which brings a strong portfolio of complementary technologies. The acquisition also significantly enhances the company’s position as one of the primary provider of mission-critical solutions while expanding channels and product offerings to the growing customer base.

The Homeland Security Advanced Research Projects Agency (HSARPA), established by the Homeland Security Act of 2002, supports fundamental research to create revolutionary changes in new capabilities, technologies and risk & threat assessments for the Homeland Security Enterprise (HSE). It uses modernization and innovation for scientific progress and produces front-line products. These products support DHS components such as the U.S. Secret Service, U.S. Customs and Borders Protection, the U. S. Coast Guard, and the Transportation Security Administration.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/homeland-security-market

Further key findings from the report suggest:

· Cyber security is anticipated to grow at a CAGR of over 5.5% from 2016 to 2024, owing to the increasing number of cyber crimes and rising privacy concerns. Cyberspace and its essential infrastructure are vulnerable to a wide range of risk increasing from both physical and cyber threats & hazards.

· The maritime segment accounted for over 8% of overall revenue share in 2015, which is expected to grow over the forecast period. It has become critical due to the rising number of maritime threats, sabotage, piracy and unlawful acts. During recent years, maritime terrorism has drawn considerable attention in the marine sector. Incidents of maritime terrorism are very few as compared to piracy. However, it attracts more media attention due to the involvement of greater loss of life, property and consequential economic losses.

· Aviation segment is expected to witness substantial growth at CAGR of nearly 5% over the period of 2015 to 2024. Airport safety has undergone enormous transformations after the terrorist activities across the globe. Also, it has endured significant improvements regarding protection. Several airports such as ODG (Paris), Munich, Chhatrapati Shivaji Airport (India) and Narita (Tokyo) are the examples of the change in airport protection technologies.

· Stringent government guide lines worldwide are expected to regulate the global homeland security market over the future. North America dominated the industry contributing to over 25% of the global revenue in 2015. The presence of several prominent homeland safety solutions manufacturers in the region is expected to generate high demand over the forecast period.

· Key industry participants include FLIR Systems Inc.,Elbit Systems Ltd., General Dynamics Corporation, L-3 Communications Holding Inc., Harris Corporation, Megal Security Systems Ltd., Safran SA, Raytheon Company, Thales SA and Unisys Corporation. Manufacturers are steadily adopting innovative production techniques to gain a competitive advantage over others.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the global homeland security market on the basis of application, type and region:

Homeland Security Type Outlook (Revenue, USD Billion, 2015 - 2024)

· Aviation security

· Maritime security

· Border security

· Critical infrastructure security

· Cyber security

· CBRN security

· Mass transit security

· Others

Homeland Security Regional Outlook (USD Billion, 2015 - 2024)

· North America

· Europe

· Asia Pacific

· RoW

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/global-homeland-security-market

About Grand View Research

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

Neurostimulation devices market Expected to reach USD 9.8 billion by 2024 : Grand View Research,Inc.

The neurostimulation devices market is expected to reach USD 9.8 billion by 2024, according to a new report by Grand View Research, Inc. The neurostimulation devices market is anticipated to witness a significant growth during the study period from 2016 to 2024. This growth is majorly attributed to high prevalence of chronic diseases, including migraine and epilepsy. Increasing adoption of unhealthy lifestyle, diet, and growth in aging population is resulting in a growing incidence of the chronic disease in individuals. However, adverse effects and risks associated with neurostimulation devices and presence of stringent device approval regulations are expected to hamper the growth.

Apart from the above mentioned factors, increasing incidence of road traffic accidents (RTAs) is also an additional factor propagating growth. Hence, the neurostimulation devices market holds enormous growth prospects and as a result manufacturers are participating in precise R&D exercises to develop new products empowered by advance technology. Some of the technological advancements such as the following are expected to serve as drivers:

· Minimally invasive transdermal neuromodulation technology by Neurowave Medical Technologies

· MRI safety incorporated devices by Medtronic Inc.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/neurostimulation-devices-industry

Further Key Findings from the Study Suggest:

· North America is estimated to dominate the global neurostimulation devices market. The growing demand for neurostimulation devices as an add-on therapy, presence of high patient disposable incomes &patient awareness levels coupled with sophisticated healthcare infrastructure and high prevalence of target diseases, such as epilepsy, Parkinson’s disease, incontinence, etc., are expected to facilitate growth in near future

· Asia Pacific is the fastest growing region in the neurostimulation devices. The high growth rate is explained by the following drivers:

o Economic developments in emerging areas, such as India and China

o Rising healthcare expenditures

o Presence of unmet medical needs and untapped markets coupled with increasing patient disposable incomes

o Changing lifestyle of the people resulting in various lifestyle-related diseases, for example, low-back pain resulting from long working hours.

o Increasing RTAs, for example, nerve injuries (paralysis) due to RTA, which require neurostimulation postoperatively

The immense growth opportunities available in the Asia Pacific region have attracted manufacturers to enter these areas, for example, Medtronic aims at generating 20% of its revenue from emerging economies in the next 5 years, commencing from 2011

· Spinal cord stimulation devices dominated the market in 2015 with highest share of over 54.0%. These devices were the prime neurostimulation devices to be commercialized, thus, hold a competitive edge over the rest of the devices in terms of share. The cost-effectiveness provided by these devices in terms of quality-adjusted life years will also drive the growth

· Pain management dominated the overall market in terms of revenue share at over 65.0% in 2015. High global prevalence of chronic pain disorders and the growing adoption rates of neurostimulation devices for pain management were the major drivers recognized as contributors to the growth

· The industry involves several global as well as local players. Some of the key players are Medtronic; St. Jude Medical; Boston Scientific Corporation; Cyberonics, Inc.; and Nevro Corporation. New and innovative product development using latest technology is expected to be a universal strategy followed by the players

· For instance, in June, 2015, according to new data presented by Boston Scientific Corporation, the company’s spinal cord stimulator system, also known as Precision Spectra, claimed that the system provided better pain relief than its previous generation of Precision Plus SCS systems

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices

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

Neurostimulation Devices Product Outlook (Revenue, USD Million, Volume, 000 units, 2013 - 2024)

· Deep Brain Stimulators

· Gastric Electric Stimulators

· Spinal Cord Stimulators

· Sacral Nerve Stimulators

· Vagus Nerve Stimulators

Neurostimulation Devices Application Outlook (Revenue, USD Million, 2013 - 2024)

· Pain Management

· Epilepsy

· Essential Tremor

· Urinary and Fecal Incontinence

· Depression

· Dystonia

· Gastroparesis

· Parkinson's Disease

· Others

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

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o China

o India

· Latin America

o Brazil

o Mexico

o Argentina

· MEA

o South Africa

o Saudi Arabia

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/global-neurostimulation-devices-market

About Grand View Research

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

Pico projector market Expected to reach USD 2.39 billion by 2022 : Grand View Research, Inc.

The global pico projector market is expected to reach USD 2.39 billion by 2022, according to a new study by Grand View Research, Inc. Smartphone proliferation coupled with high convenience when integrated with portable electronic devices is anticipated to elevate demand. Technological advancements have resulted in enhanced contrast ratio and high pixel quality. Portability and compatibility with Wi-Fi, WiMax, and 3G/4G technologies offered by these products is estimated to drive industry growth.

Pico projectors have the ability to project content from mobile and other electronic devices onto a wall, notebook, or portable projection screens. Strong economic growth coupled with rising consumer disposable income may catalyze adoption particularly in consumer electronics and automobiles. Increasing adoption of smart devices and the advent of Internet of Things (IoT) may catapult demand over the next few years. The industry is poised for growth due to expanding application areas and increasing demand for mobility across all sectors. Growing adoption of Bring Your Own Device (BYOD) policies in the corporate sector may also spur product demand.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/pico-projector-industry

Further Key findings from the study suggest:

· Embedded devices accounted for over 35% of the overall revenue in 2014, and are expected to witness significant growth over the forecast period owing to widespread usage in portable consumer electronics. Smartphone proliferation is another factor driving growth over the forecast period.

· USB pico projector industry is estimated to exhibit rapid growth over the coming years attributing to rising demand across several application areas including aerospace & defense, automotive, business & education, consumer electronics, and healthcare. The standalone segment is anticipated to lose volume share owing to issues such as low brightness and high cost associated with these devices.

· LBS technology segment is expected to witness significant growth over the coming years owing to several benefits offered by this technology type including better image quality and relatively high brightness which may result in enriched customer experience.

· North America accounted for over 30% of the overall revenue in 2014. This may be primarily attributed to early technology adopters ensuring faster projector adoption in the region. Asia Pacific pico projector market is estimated to witness substantial growth over the coming years owing to rising consumer disposable income paired with growing demand for portable consumer electronics in the region.

· Key players in the industry include 3M, AAXA Technologies, Microvision Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics N.V., Texas Instruments, and Coretronic Corporation. Industry participants strive to develop products with enhanced image quality, resolution and brightness. Prominent players also emphasize on developing new generation HD micro-display chips for enhancing product offering.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

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

Pico Projector Product Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 - 2022)

· Embedded Projector

· Standalone Projector

· Media Player Projector

· USB Projector

· Laser Projector

Pico Projector Technology Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 - 2022)

· Digital Light Processing (DLP)

· Laser Beam Steering (LBS)

· Liquid Crystal on Silicon (LCoS)

· Holographic laser projection

Pico Projector Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 - 2022)

· Consumer electronics

· Aerospace & defense

· Healthcare

· Others

Pico Projector Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 - 2022)

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/global-pico-projector-market

About Grand View Research

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