Market Research News

Monday 15 January 2018

Smart Parking System Market Expected To Reach Usd 368.7 Million Due To Growth In The Increasing Traffic Congestion Till 2024: Grand View Research , Inc.

The global smart parking system market size is expected to reach USD 368.7 million by 2024 according to a new study by Grand View Research, Inc. Favorable government initiatives and increasing public sector funding will favor the growth and adoption of smart parking system for the forecast period. The industry is anticipated to witness an upsurge in demand for smart parking systems in transport transit and commercial applications segment, and it is subsequently expected to impel the growth in the industry.

This technology effectively addresses traffic congestion issues and parking-related concerns. Such systems help in reducing fuel usage and subsequently minimize vehicular emissions. The industry is expected to gain momentum owing to inclusion of sophisticated features such as voice guidance, handicapped parking, and auto-payment options enabled through smartphone applications.

Increasing number of automotive and lack of efficient parking management system is affecting the availability of parking spaces and is subsequently driving the demand for these technologies across the globe. Such parking systems offer several opportunities for reuse of commercial and municipal parking areas and garages. Hence, these systems help in making the cities greener, cleaner, and technologically advanced.

However, lack of awareness of smart parking advantages, especially among under-developed regions is anticipated to slowdown the industry growth opportunities. Lack of funding initiatives is further expected to hamper the industry growth.

Several cities in the U.S. and Canada such as Los Angeles, San Francisco, and Toronto are increasingly adopting smart parking systems to manage the ever increasing traffic congestion problems. The growth is considerably high in the UK and Germany. Major automotive manufacturing companies’ interest in this sector is further propelling the growth in demand. Automobile manufacturers in Italy and Germany such as Fiat S.p.A and Audi AG are keenly participating in development of smart parking system. Adoption of sustainable transportation policies and adoption of innovative parking technologies is impelling growth in the European region

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/smart-parking-system-market

Further key findings from the study suggest:

· Government application segment dominated the global smart parking system industry accounting for over 62% of the market share in 2015. Increasing need for managing on-road vehicles and minimizing fuel emissions has led to large-scale adoption of these technologies in the government sector.

· The European regional market accounted for around 30% of the global revenue share in 2015. Increasing interest of regional automobile manufacturers in developing smart parking systems is anticipated to impel growth in the regional market.

· On-demand valet parking and increasing demand for parking management at public avenues such as shopping malls, sports complexes in countries such as Japan and China, is expected to fuel the demand for parking management systems in the Asia-Pacific region.

· Key industry participants include Amano McGann, Inc., Deteq Solutions Ltd., Libelium, Mindteck Ltd., Nedap NV, Skidata AG, Smart Parking Ltd., Streetline, Inc., Urbiotica SL, and Worldsensing SL. Industry vendors are emphasizing on offering mobile applications with advanced features to offer convenience to the users.

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 smart parking system market on the basis of parking site, application and region:

Smart Parking System Parking Site Outlook (Revenue, USD Million, 2013 - 2024)

· Transport transit

· Government

· Commercial

Smart Parking System Component Outlook (Revenue, USD Million, 2013 - 2024)

· Hardware

· Software

· Service

Smart Parking System Parking Site Outlook (Revenue, USD Million, 2013 - 2024)

· On-street

· Off-street

Smart Parking System Regional Outlook (Revenue, USD Million, 2013 - 2024)

· North America

· Europe

· Asia Pacific

· South America

· MEA

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

Depth Filtration Market Is Anticipated To Reach Due To Rising Demand For Clean & High Quality Filter Goods Till 2025: Grand View Research, Inc.

The global depthfiltration market is anticipated to reach USD 4.02 billion by 2025, according to a new report by Grand View Research, Inc. Growing use of depth filters in the manufacturing of healthcare products is projected to be a major driving factor for market growth.

Rising demand for clean & high quality filter goods in pharmaceutical and biopharmaceutical industry is expected to boost the market over the forecast period. Significant benefits such as low cost and ease in the usage of the products is anticipated to augment the market from 2017 to 2025. Depth filtration services have various advantages in water filtration, food & beverages, healthcare, and raw material purification sectors.

Growing research and development activities carried out by companies is projected to propel the market over the forecast period. In March 2017, Merck launched the Milli-Q IQ 7000, it is the seventh-generation Milli-Q water purification technology which provides ultrapure water to scientist in laboratories.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/depth-filtration-market

Further key findings from the report suggest:

· The global depth filtration demand was USD 1.5 billion in 2016 and is expected to grow at a CAGR of 11.7% over the forecast period

· Diatomaceous earth emerged as the largest media type segment in 2016 and is estimated to generate a revenue over USD 1.3 billion by 2025

· Rising demand for diatomaceous earth filtration techniques in biopharmaceutical industry as an aid in fractionation of human plasma is projected to propel the industry over the next eight years

· Capsule filters is anticipated to be the fastest growing product segment and is estimating a CAGR of 12.4% over the forecasted period

· Healthcare application segment is anticipated to grow at a significant rate owing to a moderate market share

· Increasing use in healthcare industry to offer venting and microfiltration for medical devices is projected to fuel the market growth

· The Asia Pacific region is anticipated to witness high growth rate at a CAGR of 12.2% by 2025.

· Developing economies in the region, including India and China, have been experiencing strong economic growth, which is expected to drive healthcare and food & beverages industry over the forecast period

· Key players of the industry include Merck KGaA, 3M Company, TPall Corporation, Eaton Corporation PLC, Donaldson Company, Inc, and Sartorius AG

· These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share

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

Grand View Research has segmented the global depth filtration market on the basis of media type, product, application and region:

Depth Filtration Media type Outlook (Revenue, USD Million, 2014 - 2025)

· Diatomaceous Earth

· Activated Carbon

· Cellulose

· Perlite

Depth Filtration Product Outlook (Revenue, USD Million, 2014 - 2025)

· Cartridge Filters

· Capsule Filters

· Others

Depth Filtration Application Outlook (Revenue, USD Million, 2014 - 2025)

· Water Filtration

· Food & Beverages

· Healthcare

· Others

Depth Filtration Regional Outlook (Revenue, USD Million, 2014 - 2025)

· North America

o U.S.

· Europe

o UK

o Germany

· Asia Pacific

o China

o India

· Central & South America

· Middle East & Africa

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

Biopharmaceutical CMO & CRO (contract manufacturing & research) market Expected to grow due to Rising investment by CMOs for capacity expansion Till 2025 : Grand View Research , Inc.

The global biopharmaceutical CMO & CRO (contract manufacturing &research) market is expected to reach USD 37.8 billion by 2025, according to a new report by Grand View Research, Inc. Healthy outlook of biopharmaceuticals and consequent growth in biopharmaceutical pipelines has resulted into lack of adequate capacity and budget constraints. These factors have convinced many traditional drug developers to take advantage of cost-saving benefits associated with contract services. Traditional biopharmaceutical players are observed to choose outsourcing biopharmaceutical manufacturing rather than making an investment of expensive capital in production equipment and hiring skilled labor.

Significant improvement in the services offered by this CMOs/CROs in context to maturity of complex technology is spurring the adoption of these services. In addition, wide acceptance of single-use technology within CMOs/CROs has significantly transformed the CMOs/CROs landscape by enhancing their capabilities and enabling them to develop products at low operating costs.

Outsourcing services are observed to play critical role in overcoming trade barriers for firms. It enables them to make footprints in foreign market where government regulates to secure local employment through domestic production. Furthermore, as a result of growing demand for these services, smaller companies have also begun to expand their non-GMP facilities.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/biopharmaceutical-cmo-cro-market

Further key findings from the report suggest:

· Mammalian cell line-based bioproduction system dominated the share in 2016 in terms of revenue generation

· This can be attributed to the presence of substantial number of mammalian-based manufacturing platforms offered by market leaders such as Lonza, Samsung BioLogics, WuXi Biologics

· CMOs are providing wide range of services for entire chain of biopharmaceutical manufacturing process, consequently held the largest share

· Growing R&D investment in bioproduction is the high impact rendering factor for the growth of CROs

· Robust biologics pipeline and high production cost of biologics have contributed to the largest share of biologics outsourcing

· Monoclonal antibodies accounted for significant share in 2016 owing to the huge success rate of MAbs for disease treatment

· North America is home to large number of biopharmaceutical manufacturing entities, which in turn, have resulted into large share of this region

· Being a lower wage country, China and India are expected to be fastest growing regional market

· Several global companies are translocating their business to Asia Pacific owing to low manufacturing costs in Asian countries

· Boehringer Ingelheim GmbH, Lonza, Samsung BioLogics, Patheon, FUJIFILM Diosynth Biotechnologies U.S.A., Inc. are some of the major companies operating in this space

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

Grand View Research has segmented the global biopharmaceutical CMO & CRO market on the basis of source, service, product, and region:

Source Outlook (Revenue, USD Million, 2014 - 2025)

· Mammalian

· Non-mammalian

Service Outlook (Revenue, USD Million, 2014 - 2025)

· Contract Manufacturing

o Process Development

o Downstream

o Upstream

o Fill & Finish Operations

o Analytical & QC studies

o Packaging

· Contract Research

o Oncology

o Inflammation & Immunology

o Cardiology

o Neuroscience

o Others

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

· Biologics

o Monoclonal antibodies (MAbs)

o Recombinant Proteins

o Vaccines

o Antisense, RNAi, & Molecular Therapy

o Others

· Biosimilars

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

· North America

o U.S.

o Canada

· Europe

o Germany

o France

· Asia Pacific

o China

o Japan

· Latin America

o Brazil

· Middle East & Africa

o South Africa

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

Transplantation Market Is Expected To Reach Usd 51.0 Billion Due To Rising Demand For Transplant Products Till 2025: Grand View Research, Inc.

The global transplantation market is expected to reach USD 51.0 billion by the year 2025, growing at a CAGR of 9.1%, according to a new report by Grand View Research, Inc. Growing incidence of organ failure has resulted in massive growth in the transplantation market. Rising demand for transplant products such as tissue products, immunosuppressants, and organ preservation solutions is a major factor anticipated to boost growth of the market during forecast period. Thus, many biotechnology and medical device companies have begun to concentrate on the development of advanced transplant products for management of organ failure.

Technological advancement in organ transplantation methods is another major factor supporting the market growth. The development of novel & improved transplant products such as tissue products and surgical instruments has majorly contributed to the expansion of the sector. In addition, introduction of advanced tissue products such as DeNovo NT Graft, Chondrofix Osteochondral Allograft, and DuraMatrix Collagen Dura Substitute Membrane provides higher benefits during treatment. In addition, computerized support systems with advanced systems and software allow easy & effective maintenance of tissues. Thus, availability of such advanced techniques supports increase in the number of organ transplant procedures.

Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/transplantation-market

Further key findings from the report suggest:

· Tissue products segment was the largest revenue-generating amongst others due to escalating number of tissue and organ transplant procedures

· Tissue products segment is also expected to grow at highest CAGR owing to advancement in transplantation products

· Tissue transplant segment held the largest revenue share in the market, because of rising number of skin, bones, heart valves, cornea, tendons, nerves, and veins procedures worldwide

· The transplant centers segment is projected to grow at the highest CAGR during the forecast period owing to rising popularity of these centers for transplant procedures

· The hospitals segment dominated the market in terms of revenue in 2016 owing to a large number of transplant procedures performed in hospitals

· North America was the leading regional sector in 2016 and is projected to maintain its dominance during the forecast period owing to well-developed healthcare infrastructure

· Existence of large number of research laboratories, biotechnology, and medical device companies in the North America region is the major factor contributing to its large share

· Some of the major players include AbbVie, Inc.; Arthrex, Inc.; Zimmer Biomet; Medtronic; Novartis AG; Stryker; 21st Century Medicine; BioLifeSolutions, Inc; Teva Pharmaceuticals; and Veloxis Pharmaceuticals.

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

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

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

· Tissue products

· Immunosuppressive drugs

· Preservation solutions

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

· Organ transplantation

· Tissue transplantation

End-Use Outlook (Revenue, USD Billion; 2014 - 2025)

· Hospitals

· Transplant centers

· Others

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

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o Japan

o China

o India

· Latin America

o Brazil

o Mexico

· MEA

o South Africa

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