Satellite Payloads Market Likely To Reach A Valuation Of Around USD 21.8 Billion by 2025: Grand view Research, Inc.

The global satellitepayload market is expected to reach USD 21.8 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9%over the forecast period, owing to Increased government spending in space exploration activities is expected to boost the market growth over the forecast period. 

The growing popularity of communication and broadcasting services including pay TV and Over-The-Top (OTT) have led providers to develop advanced payload systems. Moreover, the increased penetration of payloads in the commercial sector is expected to propel the market demand.

The market is expected to witness significant growth as there has been a great rise in the ordering and manufacturing of vast constellations of satellites for earth observation and telecommunication. Incremental improvements in launch operations and vehicle design are enabling a reduction in time for the manufacturing of payloads. Moreover, the evolution of small satellites is leading to the production of smaller payloads to reduce launch costs.

The need for geospatial tracking and positioning in the commercial sector is expected to drive the demand for satellite payloads over the forecast period. The emergence of high throughput satellites has resulted in high data-rate satellite transmission capability, which in turn is creating new opportunities for enhanced applications such as military, navigation, and commercial.

Full Research Report On satellite payload market Analysis:
www.grandviewresearch.com/industry-analysis/satellite-payloads-market

Further key findings from the report suggest:

·         The remote sensing segment is expected to grow at a CAGR of over 8.0% over the forecast period as it is expected to emerge as a viable platform in the agriculture and mining sectors

·         The Low Earth Orbit (LEO) segment is expected to be the fastest-growing segment; this growth can be attributed to its increased demand in earth observation and imaging applications

·         The commercial segment is expected to grow at the fastest CAGR of over 9% from 2017 to 2025. Growing advancements including channelization, space-based inflatable reflector antenna, multi-beam antenna, and internet routers are expected to propel the demand for commercial satellite payloads.

·         The Asia Pacific satellite payload market is expected to account for a revenue share of over 30% by 2025, with the increase in the number of satellite launches and government spending in space research contributing to the regional demand

·         The key players in the industry include Airbus S.A.S., Harris Corporation, Lockheed Martin Corporation, Honeywell International Inc., and The Boeing Company

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Grand View Research has segmented the satellite payload market by orbit, application, end-use, and region.

Satellite Payload Orbit Outlook (Revenue, USD Billion; 2014 - 2025)

·         Low Earth Orbit (LEO)

·         Medium Earth Orbit (MEO)

·         Geostationary Earth Orbit (GEO)

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

·         Communication & Navigation

·         Remote Sensing

·         Surveillance

·         Others

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

·         Civil

·         Military

·         Commercial

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

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

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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/

Hyperlipidemia Drugs Market Likely To Reach A Valuation Of Around USD 22.6 billion by 2022: Grand view Research, Inc.

The global hyperlipidemiadrugs market size is expected reach USD 22.6 billion by 2022, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% during the forecast period. Several factors, such as increase in target population and growth in awareness about risk of cardiovascular diseases (CVD) due to persistent hypercholesterolemia, are stoking the growth of the market.

Hyperlipidemia is the most common type of dyslipidemia and is generally caused by abnormally high lipid levels in the blood. This condition can occur due to genetic factors (primary hyperlipidemia) as well as other factors such as poor diet and unhealthy lifestyle (secondary hyperlipidemia). Statins are the first line of treatment for secondary hyperlipidemia.

Target population of antihyperlipidemic drugs is broadly divided into statin users and nonstatin users. The revenue share of statin users has been declining. The nonstatin users segment consists of statin intolerant and nonresponsive population as well as familial hyperlipidemia (FH) population. Nonstatin users are seeking high-efficacy alternatives and this is anticipated to boost the revenue of this segment.

Upcoming patent expirations are expected to lead to greater genericization in the market, mostly among statins, cholesterol absorption inhibitors, and combination drugs. However, new product launches are anticipated to continue to drive the market. Several novel mechanisms of action such as ACL inhibition, DGAT2 inhibition, and anti-ANGPTL-3 are being investigated for their potential for treatment of hyperlipidemia as well as for reducing the risk of CVD.

Full Research Report On hyperlipidemia drugs market Analysis:
www.grandviewresearch.com/industry-analysis/hyperlipidemia-drugs-market

Further key findings from the report suggest:

·         Statins dominated the drug classes in 2016 owing to their high usage as the first line of therapy

·         Recent launch of PCSK9 inhibitors, such as Repatha and Praluent, is likely to change the current therapeutic scenario due to their improved efficacy and safety profile

·         PCSK9 inhibitors are expected to displace existing expensive therapies, lomitapide, and mipomersen for the treatment of homozygous FH patients

·         Europe was the leading regional market in 2016. It is estimated to maintain its dominance till 2022 owing to high prevalence of hypercholesterolemia

·         There are fewer growth opportunities in Japan due to unavailability of key pipeline drugs such as bempedoic acid

·         AstraZeneca; Merck & Co., Inc.; Pfizer, Inc.; DAIICHI SANKYO COMPANY, LIMITED; Amgen, Inc.; and Sanofi are some of the key players operating in this market

·         Amgen, Inc.; Sanofi; and Esperion are expected to have the highest shares in this market by 2022

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Grand View Research has segmented the global hyperlipidemia drugs market based on drug class and region:

Hyperlipidemia Drug Class Outlook (Revenue, USD Million, 2016 - 2022)

·         Statins

·         Bile Acid Sequestrants

·         Cholesterol Absorption Inhibitors

·         Fibric Acid Derivatives

·         PCSK9 Inhibitors

·         Combination

·         Miscellaneous

Hyperlipidemia Regional Outlook (Revenue, USD Million, 2016 - 2022)

·         U.S.

·         U.K.

·         Germany

·         Spain

·         France

·         Italy

·         Japan

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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 Likely To Reach A Valuation Of Around USD 30.08 Billion by 2025: Grand View Research, Inc.

The global gasturbine market size is projected to reach USD 30.08 billion by 2025, according to a new report by Grand View Research, Inc., witnessing a CAGR of 4.8% during the forecast period. The market is expected to be driven by increasing pressure from international agencies to reduce carbon footprint, along with low shale gas prices.

Incentives provided by regional governments to gas-based power generation companies to combat increasing carbon footprints are likely to drive market growth. Gas turbines witnessed a distinctive increase in 2015, hinting a change in policies by power generators to capitalize on low gas prices. Some of the largest gas turbine shipments are estimated to be heading toward Latin America, U.S., and Europe. However, Asia Pacific will likely exhibit the fastest growth rate in the foreseeable future.

Post 2016, steam turbine orders are picking up as well, mimicking the trend in gas turbines, owing to rising CHP installations across the globe. Combined cycle power generation is the most efficient form of technology to generate electricity. This technology segment also accounts for the largest share in the gas turbine market.

Gas power production in Asia Pacific is still at a nascent stage, but with aggressive development programs undertaken by the regional governments to improve gas infrastructure, the region is slated to witness rapid growth. India is also increasing its focus on the use of cleaner resources.

In January 2017, Siemens and Marubeni announced plans to build a 1,200 MW combined cycle power plant in Thailand. In 2015, the company sold approximately 18 models of SGT-800 industrial gas turbines to Thailand. Six of these turbines had a capacity of 53 MW each, while the capacity of the remaining twelve units was 50.5 MW each. The units were intended to be installed in nine combined cycle cogeneration power plants with a total installed electrical capacity of 1100 MW.

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 capacity addition for gas turbines in 2016 was estimated to be 62.87 GW and is expected to reach 91.81 GW by the end of the forecast period

·         There is rising investment in Latin America for CHP-based power generation where gas turbine orders account for the majority share in comparison to steam turbine orders

·         China’s market size for gas turbine orders was estimated to be 8.07 GW in 2016. This regional market is likely to expand at a CAGR of 5.2%

·         Asia Pacific excluding China will likely witness stunted growth owing to established infrastructure of thermal-based power generation and Japan’s economic slowdown

·         Europe will witness an increase in gas turbines as majority of the thermal-based power generations are likely to shut down by the end of the forecast period

·         Siemens is currently the leader in the gas turbine market. This market operates on aggressive mergers and acquisitions

·         The service-oriented market for gas turbines is also an excellent contributor to overall revenue.

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

Gas Turbine Capacity Outlook (Volume, MW; Revenue, USD Million, 2014 - 2025)

·         ≤200 MW

·         >200 MW

Gas Turbine Technology Outlook (Volume, MW; Revenue, USD Million, 2014 - 2025)

·         Open Cycle

·         Combined Cycle

Gas Turbine Application Outlook (Volume, MW; Revenue, USD Million, 2014 - 2025)

·         Power Generation

·         Industrial

·         Aviation

Gas Turbine Regional Outlook (Volume, Kilo Tons; 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

·         Central & South America

o    Brazil

·         Middle East and Africa

o    Saudi Arabia

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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/

Personal Mobility Devices Analysis Market | Worth USD 29.63 billion by 2025: Grand view Research, Inc.

According to a report by Grand View Research, Inc., global personal mobility devicesmarket is estimated to value USD 8.0 billion by 2020. Growing number of physically disabled owing to geriatric population and diseases leading to disability are anticipated to propel demand for personal mobility devices. Such devices are likely to offer easy movement from one place to another and quality life with less support. 

Full Research Report On Personal Mobility Devices Market Analysis: https://www.grandviewresearch.com/industry-analysis/personal-mobility-devices-market

Rising cases of disorders such as Parkinson’s, Alzheimer’s, and arthritis are likely to impel growth of the market. Growing awareness among consumers regarding mobility devices coupled with favorable reimbursement policies can foster market growth. Favorable initiatives from governments at a global level to provide affordable and quality personal mobility devices to consumers in need can drive growth of market in the forthcoming years. Continuous technological advancements in personal mobility devices such as mobility scooters, transfer lifts, and automated rollators can stimulate growth of the market during the forecast period (2012 to 2020).

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The personal mobility devices market can be segregated on the basis of product and region. Based on product, the market can be classified into scooters, wheelchairs, and mobility aids. In 2013, the wheelchair segment dominated the market and accounted for maximum market share. Growing adoption of wheelchairs among the physically handicapped to enhance their mobility and reduce common problems such as pressure sores and digestion can fuel product demand.

On the contrary, the mobility aids segment is likely to display substantial growth during the forecast period attributed to high prevalence of persons facing problems related to walking. High demand for walking aids among such disabled humans can propel market growth. Mobility aids can be segmented further into rollators, crutches, canes, and walkers. Rollators segment is expected to grow at phenomenal rate of 11% over the forecast period. Provision of unique features such as laser attachment in case of Alzheimer’s patient, oxygen tank holders, lockable wheels, and light frame can fuel product demand. In addition, pressure brakes, larger wheel diameter, and extended weight bearing capacity can also spur growth of market in the forthcoming years.   

Regional segmentation includes Europe, North America, Asia Pacific, and Rest of the World (RoW). In 2013, North America dominated the market and accounted for revenue share of 39.5%, due to increasing number of geriatric population and high presence of age associated disorders. According to the World Health Organization (WHO), a large number of adult population in this region is susceptible to arthritis. In addition, supportive initiatives from local governments to favor disabled residents with increasing funds for rehabilitation engineering research center programs and reducing taxes. Moreover, growing need for advanced walking aids is anticipated to boost market demand in this region.

The Europe market was second largest in 2013 and accounted for 30% market share. Favorable initiatives from local regulatory agencies coupled with increase in geriatric population can influence market growth. High demand for technologically advanced rollators can also fuel market growth in the region.

In Asia Pacific, the market is anticipated to witness significant growth with a CAGR of 10.45% during the forecast period. Growing number of geriatric population in East Asian countries such as China and Japan can fuel this growth. In addition, wide-ranging R&D activities and schemes being executed by local organizations such as China Rehabilitation Research Center (CRRC) can also drive growth of the market. Assistance to Disabled Persons (ADIP), a scheme initiated by the Indian government is likely to support disabled humans in procuring durable, sophisticated, and advanced medical devices to reduce their incapability can fuel growth of the market. Moreover, growing healthcare awareness and increasing disposable income levels can further boost market growth during the forecast period.

Some of the leading companies offering personal medical devices are Drive Medical Design & Manufacturing, TOPRO, Pride Mobility Corporation, Invacare Corporation, and Sunrise Medical. Most companies are expected to adopt some key sustainability strategies with buyers to increase revenue share. In addition, companies are focusing on extensive R&D activities to develop advanced products. Moreover, mergers & acquisitions coupled with extensive price competitions is expected to fuel degree of competition among market players.

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-personal-mobility-devices-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/

Perimeter Security Analyzer Analysis Market Likely to Reach a Valuation of around USD 29.63 billion by 2025: Grand view Research, Inc.

According to a report by Grand View Research, Inc., global perimeter security market is estimated to value USD 29.63 billion by 2025. Increasing number of illegal and terrorist activities such as thefts, crimes, human trafficking, and smuggling are anticipated to propel demand for perimeter security. Perimeter security is expected to offer advanced security and safety solutions to prevent possible incidences or criminal activities.

Full Research Report On Perimeter Security Market Analysis: www.grandviewresearch.com/industry-analysis/perimeter-security-market

Stringent regulations imposed by governments pertaining to safety of nations attributed to growing number of terrorist activities and cross border intrusions can fuel growth of the market. Development of infrastructure to create smart cities can also influence market growth in the forthcoming years. Favorable government initiatives to install security cameras at critical locations coupled with technological advancements in field of automation can augment market growth during the forecast period (2014 to 2025). High installation cost of perimeter security systems is likely to hinder growth of market. In addition, improving the reliability of these security systems can act as big challenge for manufacturers.

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The perimeter security market can be segregated on the basis of system, service, end-use, and region. Based on system, the market can be classified into alarms & notification systems, access control systems, intrusion detection systems, video surveillance systems, barrier systems, and others. In 2016, the video surveillance system segment dominated the market and accounted for USD 5298.2 million in revenue. Rising focus on continuous capturing of images and safety is presumed to influence growth of the market. The segment can include CCTV cameras, video cameras, smart video devices, and video analytics. In addition, ease of installation in video surveillance systems and their wide range of applications can spur demand for these systems in in forthcoming years.

Considering the rising demand, most manufacturing companies are focusing on research and development (R&D) activities to produce new and innovative security systems. For instance, FLIR Systems recently introduced its next generation outdoor security product line named Saros. The product is expected to offer accurate and actionable alerts even under extreme weather conditions. In addition, it can also reduce installation cost and false alarms in comparison to conventional perimeter security systems. On the contrary, access control systems and intrusion detection systems can also gain traction during the forecast period.

Based on service, the market can be segmented into risk assessment & analysis, managed services, system integration & consulting, maintenance & support. The system integration and consulting services segment is anticipated to grow well at a CAGR of 7.9% during the forecast period attributed to growing adoption of perimeter security systems. Integration of several security systems is likely to offer correct information and better decision-making power to users.

In addition, the risk assessment and analysis segment can also grow at a similar pace over the forecast period owing to rising concerns for safety of important data and other valuable assets. Such risk analysis tools are expected to deliver end-use companies with enhanced decision-making power regarding safety measures. In 2016, the segment did account for market revenue equivalent to USD 672.5 million.

  

Based on end-use, the market can be divided into transportation, commercial, military & defense, government, industrial, and others. Increasing number of entertainment hubs owing to rising trend for shopping among consumers can fuel demand for perimeter security in commercial buildings. In addition, transportation segment is also anticipated to grow well in the forthcoming years attributed to wide range of applications in freight cars, railways, and cargo vehicles to safeguard valuable assets on board.

Moreover, government offices and sites are also implementing perimeter security systems, which is likely to augment market growth during the forecast period. In 2016, government segment accounted for market share equivalent to USD 1926.4 million. Apart from these, the military & defense segment is expected expand by adopting these systems on a large scale in the forthcoming years.

  

Regional segmentation includes North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. In 2016, the North America region dominated the market and accounted for revenue equivalent to USD 4968.5 million. Mainly U.S. and Canada had adopted perimeter security systems by then. High prevalence of technology hubs are expected to fuel growth of the market in this region.

In Asia Pacific, the market is anticipated to witness fast growth during the forecast period owing to tough government regulations towards safety of nations and continuous development of infrastructure.   

Some of the leading companies offering perimeter security solutions are Tyco International Ltd.; RBtec Perimeter Security Systems; Anixter International Inc.; Axis Communications AB; and Puretech Systems. Most companies are likely to adopt strategic initiatives such as partnerships and mergers & acquisitions to expand their product portfolio. In addition, companies can also integrate with other companies to develop new products using specific technologies.

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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/