Friday, 5 January 2018

Botulinumtoxin (BNT) market expected to reach a value of USD 7.3 billion by 2025 : Grand View Research , Inc.

The global botulinumtoxin (BNT) market is expected to reach a value of USD 7.3 billion by 2025. The constant introduction of innovative products for enhancement of aesthetic appeal supporting minimally invasive aesthetic treatments is the prime factor driving the growth of the market.
In addition, rapid growth of the sector is attributed to the rising demand for minimally invasive or non-invasive procedures. These procedures provide advantages such as small incision, shorter hospital stay and rapid wound healing, and hence lead to larger acceptance and demand. In addition, availability of wide variety of minimally invasive or non-invasive treatment options is pushing the global botulinum toxin market towards growth.
Also, the successful completion of research projects is expected to expand the applications of presently approved products. Companies are trying to widen the application of botulinum toxin in therapeutic area through various research activities. For instance, Botox by Allergan received the U.S. FDA approval for the treatment of strabismus (crossed eyes) and blepharospasm associated with dystonia in 1989. Furthermore, in 2004, Botox was approved by the U.S. FDA for hyperidrosis, cervical dystonia, upper limb spasticity, chronic migraine and urinary incontinence in 2009, 2010 and 2011 respectively. Hence, these factors all together will aid in boosting the growth of BNT sales during the forecast period.
Further Key Findings from the Study Suggest:
·         The rapid adoption of minimally invasive treatment is augmenting the growth of neurotoxins market.
·         The botulinum toxin type A segment accounted for the largest share in 2015 and is also anticipated to be the fastest growing segment during the forecast period
·         In 2015, North America dominated the global space with the largest revenue share owing to high demand for minimally invasive or non-invasive aesthetic treatments
·         Asia Pacific is expected to emerge as the fastest growing region during the forecast period, mainly due to growing social awareness regarding anti-wrinkle procedures in India, China, and Japan
·         Major players competing in this market include but are not limited to Allergan, Inc.; Ipsen Group; Merz GmbH and Co. KGaA, Medytox,Inc.; US Worldmed, LLC; Lanzhou Institute of Biological Products. Co.Ltd. and Revance Therapeutics, Inc.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the botulinum toxin market by type, end use, and region:
Product Type Outlook (Revenue, USD Million; 2013 - 2025)
·         Botulinum Toxin Type A
·         Botulinum Toxin Type B
End Use Outlook (Revenue, USD Million; 2013 - 2025)
·         Therapeutic
·         Aesthetic
Regional Outlook (Revenue, USD Million; 2013 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    Japan
·         Latin America
o    Mexico
o    Brazil
·         MEA
o    South Africa
View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-botulinum-toxin-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




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Conformal Coatings Market Expected to reach USD 15.92 billion by 2024 : Grand View Research, Inc.

The global conformalcoating market is expected to reach USD 15.92 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for conformal coatings in the consumer electronics and automotive industry ow is expected to drive the market growth over the next eight years.
The market is subject to volatile raw material prices. Increasing concerns regarding high VOC content in these coatings is likely to negate growth. Stringent regulations implemented by various government and federal agencies regarding VOC emissions coupled with rising penetration of water based coatings is likely to have a positive impact on demand over the forecast period.
Growing R&D investments by major industry players to develop unique and innovative products & processing technologies such as selective needle dispensing, ultrasonic coatings and even selective film coatings is expected to simplify application procedure which in turn is expected to increase demand over the forecast period.
Further key findings from the report suggest:
·         Acrylic conformal coating was the largest product segment, accounting for over 40% of the overall revenue share in 2015. Superior characteristics including moisture and dust resistance provided by the product is expected to augment growth. In addition, rising demand for the product in automotive electronics is expected to propel demand over the next eight years.
·         Medical application accounted for a little over 16% of the overall revenue share in 2015. The growing demand for imaging and therapeutic devices is expected to drive market growth for the product in the industry. Growing use of the product in medical electronics in order to reduce risk of corrosion and heating is expected to drive growth.
·         Automotive industry accounted for over 20% of the total share in 2015. Technological advancement and utilization of electronic devices for entertainment, GPS and safety system is expected to aid automotive devices market demand which in turn is anticipated to augment conformal coatings growth in the industry.
·         Asia Pacific to account for over 55% of the overall revenue share in 2015 on account of the presence of OEMs of European and American market players. China plays a vital role with respect to manufacturing of electronics owing to inexpensive labor cost and low raw material cost on account of which China is expected to contribute to over 50% of the total Asia Pacific market share.
·         Key players in the industry include Henkel AG & Company, KGaA, Shin-Etsu Chemical Co., Ltd., DOW Corning, H. B. Fuller, Chase Corporation, Electrolube, MG Chemicals and Chemtronics.
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 conformal coating market on the basis of product, application and region:
Conformal coating market Product Outlook (Revenue, USD Million, 2013 - 2024)
·         Acrylic
·         Urethane
·         Epoxy
·         Silicone
·         Parylene
Conformal coating market Application Outlook (Revenue, USD Million, 2013 - 2024)
·         Consumer electronics
·         Automotive
·         Medical
·         Aerospace & Defense
·         Others
Conformal coating market Regional Outlook (Revenue, USD Million, 2013 - 2024)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    Japan
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-conformal-coating-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


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Parking management market Expected to Grow due to Increasing investments in smart city projects By 2024 : Grand View Research, Inc.

The global parking management market size is expected to reach USD 8,438.4 million by 2024 according to a new study by Grand View Research, Inc. The increased public sector funding and constructive government initiatives are presumed to strengthen the global parking management industry growth. The market is anticipated to experience a surge in the demand for parking management solutionsin the commercial and government application segments and is expected to propelthe industry growth.
The emergence of smart parking systems helps inefficiently addressing the traffic woes and parking-related issues. The system helps in minimizing fuel usage and consequently reducesautomobile emissions. The industry is expected to gain tractiondue to thedevelopment of systems with sophisticated features such as handicapped parking, auto-payment options, and voice guidance enabled through mobile phone applications.
An increasing number of vehicles is impacting the availability of parking lots and is consequently fueling the demand for implementing parking management solutions across the globe. The systems help in making the cities cleaner, greener, and compact. The growing smartphone penetration will benefit the industry by increasing its reach. These parking mobile applications are expected to offer local businesses an opportunity to attract their most potential customers and provide them with the best offers for customers looking for parking.
Further key findings from the study suggest:
·         The government application segment dominated the global parking management industry accounting for over 60% of the market share in 2015. The rising demand for minimizing vehicular emissions and effectively managing on-road automotive is expected to trigger the wide-scale adoption of parking management solutions in the government sector
·         The North America regional market accounted for 40% of the overall revenue share in 2015. The rising interest of automobile manufacturers in the U.S. and Canada to develop parking management systems is projected to fuel growth in the region
·         The demand for the parking reservation management solution segment accounted for 15% of the overall market share in 2015.This demand is expected to increase in the metropolitan cities as vehicle ownership is increasing, which is leading to parking problems. The parking reservation management reduces traffic congestion issues due to better parking space, reduced search time, cost for parking spaces, and increased parking revenue
·         The service segment accounted for 18% of the global market share in 2015. The parking management solution providers, mobile payment companies, and parking data aggregators are changing the way parking is seen by the end-users and operators. This segment includes revenue generated from consultancy services, engineering services, and revenue generated by companies offering parking services through the mobile application. The segment is expected to be the fastest-growing component segment
·         The key players in the industry include Amano, 3M, Cubic Corporation, Swarco AG, Siemens AG, Kapsch TrafficCom, Xerox Corporation, and IBM Corporation
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the global parking management market on the basis of application, parking site, component, solution, and region:
Parking Management Application Outlook (Revenue, USD Million, 2014 - 2024)
·         Transport transit
·         Government
·         Commercial
Parking Management Parking Site Outlook (Revenue, USD Million, 2014 - 2024)
·         On-street
·         Off-street
Parking Management Component Outlook (Revenue, USD Million, 2014 - 2024)
·         Hardware
·         Software
·         Service
Parking ManagementSolution Outlook (Revenue, USD Million, 2014 - 2024)
·         Access control
·         Security & surveillance
·         Revenue management
·         Parking reservation management
·         Valet parking management
·         Others
Parking Management Regional Outlook (Revenue, USD Million, 2014 - 2024)
·         North America
·         Europe
·         Asia Pacific
·         Latin America
·         MEA
View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-parking-management-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


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Thursday, 4 January 2018

Proximity and displacement sensors Anticipated to reach over USD 6 billion by 2022 : Grand View Research, Inc.

 The global market for proximityand displacement sensors is expected to reach over USD 6 billion by 2022, growing at an estimated CAGR of around 9% from 2015 to 2022, according to a new study by Grand View Research, Inc. Technical advancement leading to miniaturization of proximity and displacement sensors is one of the key trends driving the global market towards growth. 
Moreover, factory process automation, growing awareness towards energy efficiency and rising demand for elevators and escalators are some of the major factors driving the growth of the market. In addition, booming market for smart-phones, tablets and other gadgets is propelling the demand for the sensors globally. Considering all the above mentioned factors, the global market is anticipated to reach over USD 6 billion. 
However, the implementation of integral automation system attracts a huge amount of initial investment, leading to rise in the overall cost to customers. Thus, high cost of the sensors is primarily challenging the growth of the global market.
Further key findings from the study suggest:
·         Photoelectric sensors segment accounted was valued for around 1.2 billion in 2014. Its wide application in variety of industries is mainly contributing to the largest market share of the segment amongst others.  
·         Ultrasonic sensors segment is anticipated to show fastest growth rate during the forecast period. Commercial availability of technically advanced products and thereby rising adoption is one of the major factors expected to boost the demand for ultrasonic sensors during the forecast period. The segment is expected to reach over USD 290 million with CAGR of around 21% during the forecast period.  
·         Parking sensors market accounted for the largest application segment market in 2014 owing to ability of installation of these sensors through OEM and aftermarket services. Thus, inbuilt sensors coupled with aftermarket installations result in largest revenue generation for the segment.
·         Moreover, installation of parking sensors is costly through OEM owing to requirement of extra precautions for safety. As a result, high cost adds up to the overall revenue of generated by the parking sensors making it highest revenue generating segment.
·         Booming construction industry is resulting in increased elevators and escalators which primarily use proximity and displacement sensors. Thus, the segment is anticipated to show significant growth during the forecast period among other end use segments.
·         North America dominated the global market in 2014 and was followed by Europe in 2014. Highly developed automotive, construction and food and beverage industry is one of the major factors driving the growth of the market in North America Europe.
·         Emerging economies of Latin America such as Mexico, Argentina and Brazil are anticipated to show fastest growth rate in terms of adoption of proximity and displacement sensors during the forecast period.
·         Key driving factors for the growth of Latin American market include increasing disposable income resulting in rising purchase of electronic gadgets, and automobiles. Moreover, growth in the foreign investment in order to reduce the manufacturing cost is resulting in rapidly improving manufacturing infrastructure. Resultant industry automation is driving the growth of the sensors market in this region.
·         Key players of this market include Eaton Corporation, OMRON Corporation, Honeywell International Inc., Panasonic Corporation, Pepperl+Fuchs GmbH, Standex Electronics GmbH, and Sharp Corporation
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/sensors-and-controls
Grand View Research has segmented the Proximity and Displacement Sensors market on the basis of materials, application, end use, and region:
Proximity and Displacement Sensors, By Material
·         Inductive sensors
·         Photoelectric sensors
·         Capacitive sensors
·         Ultrasonic sensors
·         Magnetic Sensors
·         LVDT Sensors
Proximity and Displacement Sensors, By Application
·         Parking sensor systems
·         Ground proximity warning system
·         Vibration monitoring and measurement
·         Anti-aircraft warfare
·         Roller coasters
·         Conveyer System
·         Mobile devices
·         Assembly line testing
·         Others
Proximity and Displacement Sensors, by End Use
·         Automotive industry
·         Pharmaceuticals industry
·         Food and beverage industry
·         Pulp and paper industry
·         Elevators and escalators industry
·         Manufacturing industry
·         Metals and mining industry
 Proximity and Displacement Sensors, By Region
·         North America
o    Proximity and Displacement Sensors, By Type
o    Proximity and Displacement Sensors, By Application
o    Proximity and Displacement Sensors, By End Use
·         Europe
o    Proximity and Displacement Sensors, By Type
o    Proximity and Displacement Sensors, By Application
o    Proximity and Displacement Sensors, By End Use
·         Asia Pacific
o    Proximity and Displacement Sensors, By Type
o    Proximity and Displacement Sensors, By Application
o    Proximity and Displacement Sensors, By End Use
·         Rest of the World (RoW)
o    Proximity and Displacement Sensors, By Type
o    Proximity and Displacement Sensors, By Application
o    Proximity and Displacement Sensors, By End Use

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-proximity-displacement-sensors-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


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