Automotive Infotainment Market expected to reach USD 502.9 billion by 2025 : Grand View Research, Inc.

The global automotive infotainment market is expected to reach USD 37.62 billion by 2025, according to a new study by Grand View Research, Inc. The increasing adoption of smartphones is anticipated to have a significant impact on the in-car infotainment market, as they are the most prominently used connectivity gateways of an infotainment system.

The demand for enhanced driving experience is also predicted to drive the market over the forecast period. The increased focus on driver comfort and convenience has led to the development of various automotive infotainment systems, which offer innovative features such as voice control, Bluetooth connectivity, real-time traffic updates, and navigation information. These features provide comprehensive vehicle information to the driver and thereby, enhance safety and driving experience. However, these systems involve high costs of integration and are primarily integrated in premium and luxury vehicles. Inadequate infotainment security and privacy are predicted to hinder the growth of the automotive infotainment market.

The use of infotainment systems in commercial vehicles is mainly driven by the widespread adoption of navigation units. The implementation of navigation and communication units in a commercial vehicle has increased operational efficiency and enabled a reduction in response time during emergency situations. As commercial vehicles have high travel time, compared to passenger cars, improving safety and driver experience is very essential.

Full research report on automotive infotainment market analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market

Further key findings from the study suggest:

·         The communication unit dominated the product segment and was valued at USD 3.9 billion in 2016

·         The head-up display segment is expected to be the fastest-growing segment with an anticipated CAGR of 13.5% over the forecast period

·         The key success factor for various participants to gain traction in the market is building cost-effective and driver-centric automotive infotainment systems

·         Automotive infotainment aftermarket products are cost-effective, as compared to OE fitted, and are much preferred by price sensitive consumers

·         The passenger car segment is expected to grow at the highest CAGR of 11.4% over the forecast period, owing to the growing trend of low-cost passenger cars

·         The Asia Pacific region is predicted to witness a CAGR of 11.3% during the forecast period, owing to the presence of prominent OEMs such as Hyundai Motor Company and Toyota Motor Corporation

·         The key industry participants of the market include Continental AG, Harman International, Panasonic Corporation, Alpine Electronics, Inc., Denso Corporation, Pioneer Corporation, Visteon Corporation, Clarion Co., Ltd., Delphi Automotive PLC, and JVC KENWOOD Corporation

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

Grand View Research has segmented the automotive infotainment market based on product types, fit types, applications, and regions:

Automotive Infotainment Product Type Outlook (Revenue, USD Million; 2014 - 2025)

·         Audio Unit

·         Display Unit

·         Head-up display

·         Navigation Unit

·         Communication Unit

Automotive Infotainment Fit Type Outlook (Revenue, USD Million; 2014 - 2025)

·         OE fitted

·         Aftermarket

Automotive Infotainment Application Outlook (Revenue, USD Million; 2014 - 2025)

·         Passenger Cars

·         Commercial Vehicles

Automotive Infotainment Regional Outlook (Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         South America

o    Brazil

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

Craft Beer Market is expected to reach USD 502.9 billion by 2025 : Grand View Research, Inc.

The global craft beer market is expected to reach USD 502.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth over the forecast period on account of the rising demand for low alcohol by volume (ABV) and flavored beer.

The government in countries including Australia, New Zealand, Belgium, Mexico, China, and the UK are promoting the production of craft beer and incorporation of new breweries on account of the positive contribution of the industry towards economic development and employment generation coupled with the willingness of the consumer to pay extra for better tasting brews.

Australia, Belgium, Germany, U.S. and New Zealand are the major craft beer producing countries with over 65% of the overall production in terms of value as well as volume. Belgian is the most preferred beer among the major craft beer consuming countries owing to the premium quality, clean taste and rich flavor & aroma of the brews.

Furthermore, the number of brewers in the global market is growing significantly on account of the rising demand for the product. As a result, the demand for grains such as barley, wheat, yeast, sugar, and hops is increasing substantially. However, the alternative applications of the raw materials are expected to lower the bargaining power of the brewers.

The demand for the pale ale, IPA, and amber ale is growing as these three craft products are widely preferred by the consumers owing to the balanced composition of the raw materials in the product including malt, hops, water, and yeast.

Full research report on craft beer market analysis:
http://www.grandviewresearch.com/industry-analysis/craft-beer-market

Further key findings from the report suggest:

·         On-trade distribution of craft beer accounted for over 50% in 2015 of the overall volume share, which is primarily attributed to the high consumption of the product in restaurants, bars, and clubs in developed economies including UK, Australia, and Belgium.

·         Off-trade distribution of the product is expected to witness significant growth in developing economies as the consumer spending power in these countries is low with high price of the product in on-trade distribution outlets as compared to its counterpart

·         Europe is expected to account for the largest market share in terms of volume owing to the high consumer preference for flavored beer over other alcoholic spirits. In addition, increasing demand for IPA and pale ale in the region is expected to have a positive impact on the market growth.

·         Middle East & Africa is expected to grow at a CAGR of 28.9% owing to the increasing penetration in South Africa. The growing consumer awareness about the wide range of flavors and styles of the product is expected to be a crucial factor for market growth in the country.

·         Key players in the industry include The Boston Beer Company, The Gambrinus Company, D.G. Yuengling and Son, Stone & Wood Brewing Co. and Chimay Beers and Cheeses. These major players compete on the basis of acquiring new markets and increasing their product portfolio.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Grand View Research has segmented the craft beer market on the basis of distribution and region:

Craft Beer Market Distribution Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

·         On-trade

·         Off-trade

Craft Beer Market Region Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    Australia

o    China

o    India

o    Japan

o    New Zealand

·         Central & South 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-craft-beer-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

Pressure Vessel Market expected to reach USD 225.84 billion by 2024 : Grand View Research, inc.

The global pressure vessel market is expected to reach USD 225.84 billion by 2024, according to a new report by Grand View Research, Inc. Increasing investment in energy sector is anticipated to be the major driving factor for the industry growth.

These vessels are containers designed to hold liquids or gases at high pressure. They have wide applications across various industries including chemicals, oil & gas, petrochemicals, power in the form of compressed air receivers, distillation towers, hot water storage tanks, nuclear reactor vessels, and natural gas storage systems.

They form an integral part of industry infrastructure for safe handling of gases and liquids. Increasing investment to build high performance-infrastructure for oil exploration activities is expected to drive the industry. The tanks are also used to store propane which is a by-product of liquefied gas processing.

Their application as boilers in thermal energy production is further anticipated to augment the industry volume in near future. These boilers are also used for the domestic hot water system. Many companies need water in the purest form and use fractional distillation. Overall product usage in distillation towers is anticipated to provide great opportunities for overall industry growth.

Full research report on pressure vessel market analysis:
http://www.grandviewresearch.com/industry-analysis/pressure-vessel-market

Further key findings from the report suggest:

·         Steel alloy dominated the market with an approximate share of 40% in 2015 and is expected to continue its dominance owing to easy availability of steel and superior qualities. The composite materials sector is anticipated to witness the highest growth over the forecast period. Some composite based vessels are expected to offer better performance than steel, which is expected to increase its preference in the near future.

·         Boilers are anticipated to grow at significant rate over the forecast period on account of its wide industrial applications, especially in fractional distillation. Around one-fourth of the industry in 2024 is expected to be captured by in nuclear reactors on account of increasing atomic energy implementations.

·         Power generation was the leading end-use segment and accounted for 33.5% of total market revenue in 2015. Increasing energy demand has been prompting increasing power generation which is expected to drive this segment over the forecast period.

·         Chemicals manufacturing is anticipated to witness the highest growth rate of 5.8% on account of increasing chemical projects in developing regions including the Middle East and Asia Pacific.

·         Asia Pacific was the leading regional market and accounted for 38.3% of total market revenue in 2015. Growth of power and chemicals industry in China and India coupled with government support to expand power generation capacities are anticipated to drive the regional market.

·         Major players operating in the global industry include Mitsubishi, Larsen & Toubro, Bharat Heavy Electricals, Pressure Vessels India, Samuel Pressure Vessels, Doosan, Babcock and Wilcox, Barton Firtop, and Abbott.

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

Grand View Research has segmented the pressure vessel market on the basis of material, product, end-use and region:

Global Pressure Vessel Material Outlook (Revenue, USD Billion, 2014 - 2024)

·         Steel Alloy

·         Other Alloy

·         Composite

Global Pressure Vessel Product Outlook (Revenue, USD Billion, 2014 - 2024)

·         Boiler

·         Nuclear Reactor

·         Separator

·         Other

Global Pressure Vessel End-Use Outlook (Revenue, USD Billion, 2014 - 2024)

·         Oil & Gas

·         Chemical

·         Power Generation

·         Others

Global Pressure Vessel Regional Outlook (Revenue, USD Billion, 2014 - 2024)

·         North America

o    U.S

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

o    Italy

·         Asia Pacific

o    China

o    India

o    Japan

o    South Korea

·         Middle East and Africa

o    Saudi Arabia

o    UAE

o    Qatar

·         Central & South America

o    Brazil

o    Venezuela

o    Argentina

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

Gas Turbine Market size is expected to reach USD 30.08 billion by 2025 : Grand View Research, Inc.

The global gas turbine market size is expected to reach USD 30.08 billion by 2025, according to a new report by Grand View Research, Inc. The increasing availability of natural gas for power generation, expanding oil & gas industry, awareness regarding flexible resources for energy production based on renewable energy sources are some of the key factors expected to play a significant role in propelling the global demand.

Even though the demand for natural gas as a fuel for new capacity additions is fast catching up, its limited availability is expected to pose a significant challenge. Geopolitical issues are another major factor, which is likely to affect the natural gas supply.

Turbines with capacity ≤200 MW are likely to maintain the highest market share due to rising demand for flexible power generating units and rapidly growing oil & gas industry. Easily available financing prospects for small power plants are another factor supporting the growth of low capacity turbines.

The market is consolidated with top five market players accounting for over 65% market share. Being a mature market, market participants focus on post-sales services to remain competitive. Mergers and acquisition is a key strategy implemented. One such example is the acquisition of Alstom’s power and grid business by GE.

Full research report on gas turbine market analysis:
http://www.grandviewresearch.com/industry-analysis/gas-turbine-market

Further key findings from the report suggest:

·         The global gas turbine market demand was over 60,000MW in 2015 and is expected to grow at an estimated CAGR of 4.3% from 2016 to 2025

·         Power generation was the largest application segment in 2015 and is likely to continue the trend during the forecast period

·         Due to Fukushima nuclear disaster, Japanese government is now focusing on R&D for combined cycle power plant

·         Iraq government tied up with General Electric to set up 3,000MW gas power plant

·         Asia Pacific is expected to grow at a CAGR of 5.4% in terms of revenue over the forecast period and is expected to be the fastest growing region

·         Europe is expected to grow at an estimated CAGR of 4.9% in terms of revenue from 2016 to 2025

·         Major players operating in the global gas turbine market include General Electric Company, Siemens AG, Kawasaki Heavy Industries, Ltd., Ansaldo Energia S.P.A., Bharat Heavy Electricals Limited, Opra Turbines B.V., Solar Turbines Incorporated, etc.

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

Grand View Research has segmented the global gas turbine market on the basis of capacity, technology, application and region:

Capacity Outlook (Capacity, Mega Watts; Revenue, USD Million, 2014 - 2025)

·         ≤200 MW

·         >200 MW

Technology Outlook (Capacity, Mega Watts; Revenue, USD Million, 2014 - 2025)

·         Open Cycle

·         Combined Cycle

Application Outlook (Capacity, Mega Watts; Revenue, USD Million, 2014 - 2025)

·         Power Generation

·         Industrial

·         Aviation

Regional Outlook (Capacity, Mega Watts; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Middle East and Africa

o    Saudi Arabia

·         Central & South America

o    Brazil

Browse Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-gas-turbine-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/