EPD Market size is expected to be valued at USD 502.8 million by 2025 : Grand View Research, inc

The global polyamide in electronic protection devices (EPD) market size is expected to be valued at USD 502.8 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.2% during the forecast period. Polyamide in EPD is a cost-effective and environment-friendly material. It offers performance advantages such as abrasion and heat resistance, which has been encouraging EPD manufacturers to replace other thermoset materials with polyamides in EPDs.

Rapid industrialization and technological advancements pertaining to infrastructure in developing nations are factors likely to boost the demand for EPDs, and, in turn, trigger demand for polyamides in application areas such as switch gears. Increasing utilization of electronic appliances, coupled with high repair cost incurred due to short circuits at high temperature, is also contributing to increasing adaptation of polyamides for shielding purposes in these appliances.

Polyamide manufacturers are progressively trying to align their product development strategies with ongoing trends in the electrical component market. Consumers are switching to low-cost products without compromising on safety and performance. Manufacturers of electrical protection devices are constantly experimenting with different types of materials such as polystyrene, polyester, and polybutylene. However, these efforts have failed to match the performance results offered by polyamide.

DuPont, DSM, and BASF are front-runners in terms of innovation directed to improve the characteristics and performance of polyamides catering to electrical switchgear and appliances industries. BASF and DuPont have wide and diverse product portfolios under the polyamide segment. The companies offer polyamide 6 and 66 under various brands with distinctive and crafted characteristics to suit EPD requirements.

Full research report on polyamide in electronic protection devices (EPD) market analysis:
https://www.grandviewresearch.com/industry-analysis/polyamide-in-electronic-protection-device-epd-market

Further key findings from the report suggest:

·         Polyamide in EPD is expected to generate a demand of 91.8 kilotons by the end of 2025

·         Asia Pacific recorded a consumption of 38.0 kilo tons of polyamide in 2016 to manufacture electronic protection devices and emerged as the largest as well as the fastest growing region

·         Asia Pacific is one of the regions where unsupervised blending of polyamides takes place. Blending of polyamide 6 and 66 is carried out in an unprescribed ratio, thereby altering the product demand dynamics

·         As of 2016, Germany was the largest market in Europe, accounting for over 33.0% of the market revenue as well as volume in the region. Germany is also the largest market in Europe for electrical and electronic products

·         In 2016, the MCB segment accounted for the largest share in the global market, closely followed by MCCB. India and China were the largest markets for polyamide in the EPD segment in the same year.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the global polyamide in EPD market on the basis of product, device, and region as follows:

Polyamide in EPD Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         PA 6

·         PA 66

·         PA 4,6

·         High Temperature Polyamide

·         Polyphthalamide (PPA)

Polyamide in EPD Device Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         MCB

·         MCCB

·         Relays

·         Contactors

·         Terminal Blocks

Polyamide in EPD Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S. 

·         Europe

o    Germany

o    U.K.

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

·         Middle East & Africa

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-polyamide-in-electronic-protection-device-epd-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: https://www.grandviewresearch.com/

Medical Marijuana Market is expected to reach a value of USD 55.8 billion by 2025 : Grand View Research, Inc.

The global medical marijuana market is expected to reach a value of USD 55.8 billion by 2025, according to a new report by Grand View Research, Inc. It has been identified that, in 2016, Washington D.C. along with 28 states have legalized marijuana for medical uses. In 2016, states such as Arkansas, Florida, North Dakota, Ohio, and Pennsylvania were approved to use the drug in medical applications such as chemotherapies and pain management. The growing number of states and countries getting approval for using it in therapeutic applications is one of the crucial factors driving the demand over the coming few years.

The presence of several regulatory frameworks such as the Medical Marijuana Regulation and Safety Act is indicators of the present demand for the drug in the market. The regulatory framework requires every individual or the company associated such as growers, retail operators, and makers of processed pot products to obtain permission and an annual state license from 2018. An increasing number of issued licenses is also among factors that is expected to drive the market especially after 2018.

The increasing interest amongst the academic researchers and healthcare providers regarding the therapeutic uses of marijuana is among the significant factors, which is driving the market over the coming years. Some of its potential therapeutic values are suppression of vomiting & nausea, pain relief, and appetite stimulation. In addition, research states that marijuana is effective in providing relief to the patient suffering from HIV/AIDS, glaucoma, cancer, and multiple sclerosis. The growing number of therapeutic applications of the drug is one of the key factors that is propelling the market over the forecast period.

Full research report on medical marijuana market analysis: http://www.grandviewresearch.com/industry-analysis/medical-marijuana-market

Further key findings from the study suggest:

·         In 2015, chronic pain was the largest application segment owing to the presence of a huge patient base

·         The growing prevalence of chronic pain elevates the demand for the drug, thus expected to boost the medical marijuana for chronic pain management

·         The rapidly growing number of cannabis legalization in the U.S. is one of the key attributes for its increased demand in therapeutic and recreational uses, and thus anticipated to impel the market growth

·         Increasing investment in R&D & demand for cannabis in chemotherapy is expected to drive the growth in the Asia Pacific market

·         Some of the key players are Cara Therapeutics Inc.; CannaGrow Holdings, Inc.; Cannabis Sativa, Inc.; United Cannabis Corporation; GrowBlox Sciences, Inc.; GW Pharmaceuticals, plc; Lexaria Corp; International Consolidated Companies, Inc.

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

Grand View Research has segmented the medical marijuana market by application and region:

Application Outlook (Market Revenue in USD Million, 2013 - 2025)

·         Chronic Pain

·         Arthritis

·         Migraine

·         Cancer

·         Others

Regional Outlook (Market Revenue in USD Million, 2013 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Belgium

o    Croatia

o    Finland

o    France

o    Italy

o    Netherlands

o    Portugal

o    Romania

o    Switzerland

o    Czech Republic

o    Estonia

·         ROW

o    Israel

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-medical-marijuana-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: https://www.grandviewresearch.com/

Digital signage market predicted to attain USD 31.71 billion by 2025 : Grand View Research, Inc.

The global digital signage market is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the industry growth over the forecast period.

The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.

Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage help companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.

Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.

Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes that are associated with the traditional marketing activities.

The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.

Full research report on digital signage market analysis:http://www.grandviewresearch.com/industry-analysis/digital-signage-market

Further key findings from the study suggest:

·         LCD digital signage dominated the global display market in 2016 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology

·         Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the highest revenue-generating segment over the next eight years

·         The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients

·         The transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities

·         The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment

·         The North American region accounted for the largest market share in 2016, owing to the heavy demand of digital signage across various application sectors, on account of technological advancements and the modern customer base

·         The Asia-Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels

·         The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications

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

Grand View Research has segmented the global digital signage market based on types, components, technologies, applications, locations, content categories, sizes, and regions:

Digital Signage Type Outlook (USD Million; 2014 - 2025)

·         Video walls

·         Video screens

·         Transparent LED screens

·         Digital posters

·         Kiosks

·         Others

Digital Signage Component Outlook (USD Million; 2014 - 2025)

·         Hardware

·         Software

·         Services

Digital Signage Technology Outlook (USD Million; 2014 - 2025)

·         LCD

·         LED

·         Projection

Digital Signage Application Outlook (USD Million; 2014 - 2025)

·         Retail

·         Corporate

·         Banking

·         Healthcare

·         Education

·         Transportation

Digital Signage Location Outlook (USD Million; 2014 - 2025)

·         In-store

·         Out-store

Digital Signage Content Category Outlook (USD Million; 2014 - 2025)

·         News

·         Weather

·         Sports

·         Health & Wellness

·         Vertically Oriented Content

Digital Signage Size Outlook (USD Million; 2014 - 2025)

·         Below 32 inches

·         32 to 52 inches

·         More than 52 inches

Digital Signage Regional Outlook (USD Million; 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         South America

o    Brazil

·         Middle East & Africa

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-digital-signage-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: https://www.grandviewresearch.com/