Collagen Market Is Predicted To Grow At A 6.6 from 2014 to 2025: Grand View Research, Inc.

The global collagen market is anticipated to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc. The collagen market is expected to witness substantial growth over the coming years as a result of the increasing demand for collagen-based products in healthcare for applications such as wound healing, tissue engineering, and bone reconstruction.

The growing consumption in key segments such as food & beverages and cosmetics is also expected to propel the product demand over the forecast period. The growing demand for the product in the aforementioned segments can be attributed to the growing geriatric population worldwide, wherein there is an increasing requirement for products that facilitate the strengthening of bone and joints, skin rejuvenation, and cell repair.

Among the application segments, the healthcare segment dominated the industry globally. The increasing use of collagen-based products in pharmaceutical formulations, wound healing, and orthopedic applications. The other key applications include food & beverages, cosmetics, and photography.

The key sources for extraction of the product include bovine, porcine, poultry, and marine, wherein the industry is primarily dominated by the bovine segment, as of 2015. The future growth of the overall industry is, however, expected to be driven by the marine segment, mainly owing to the increasing use of marine-based products in cosmetics and healthcare applications.

U.S. collagen market revenue, by source, 2014 – 2025 (USD Million)

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Further key findings from the report suggest:

  • The food & beverages and healthcare application segments are expected to grow significantly over the coming years, projected to grow at CAGRs of 7.2% and 6.4%, respectively, attributable to their increasing use of gelatin and hydrolyzed collagen
  • Europe dominated the overall industry in 2016, accounting for revenues of USD 1.32 billion, as a result of extensive R&D by key industry participants for development of advanced anti-aging and pharmaceutical solutions
  • Globally, the Asia Pacific region is expected to grow at the highest rate of 7.5% during the forecast period, mainly driven by increasing consumption in the Chinese market, which is expected to grow at a CAGR of nearly 8% during the forecast period.
  • In recent years, new product developments have been among the major growth strategies adopted by the aforementioned players to reinforce their positions in the industry.

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Collaborative robots market To Be Driven By Rising Application Scope In Automotive, Furniture & Equipment, Metal & Machining Till 2025:Grand View Research,inc.

The global collaborative robots market is expected to reach USD 6.77 billion by 2025, according to a new report by Grand View Research, Inc. The growing interest of Small and Medium-sized Enterprises (SMEs), owing to the low price of cobots, is projected to increase the deployment over the forecast period.

The application of cobots in industries such as automotive, furniture and equipment, metal and machining, plastic and polymers, and food and beverages is expected to drive the market growth over the projected period. The increasing focus of OEMs and consumers on safety of operations, such as gluing and welding, pick & place, and machine tending, is expected to propel cobots’ growth.

Collaborative robots apply advanced technologies, which include collision detection, torques sensing, and elastic actuators, for completing tasks in an efficient manner. The material handling segment is expected to witness a significant growth over the forecast period owing to the rising investments in setting up new manufacturing facilities. The presence of existing manufacturing facilities, decreasing ergonomic hazards for workers, and increasing adoption of cobots for packaging is projected to fuel the market for handling application.

The rising industrial automation in emerging regions such as Asia Pacific and the growing trend of precision and rise in safety-rated manufacturing in developed regions, such as Europe and North America, would enhance the industry growth. Furthermore, regulations for mitigating the imminent collisions and the need for safety fences between human and robots are also important factors for growth. The automotive segment is expected to be the major revenue generating segment owing to the well-established automotive market in China and Japan and the growing demand of passenger cars over the forecast period.

U.S. collaborative robots market, by payload capacity, 2014 – 2025 (USD Million)

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Further key findings from the report suggest:

  • Cobots are enormously deployed in small and medium-sized enterprises owing to the high adaptability and affordability
  • Cobots with above 10kg payload capacity are expected to grow significantly owing to their capability of handling higher payload capacity tasks
  • The material handling segment dominated the market share in 2015 and is expected to grow significantly over the projected period owing to the increasing adaptability and deployment in SMEs
  • The automotive segment dominated the cobots market and is expected to maintain the dominance over the next four years owing to the well-established automotive industry base in the emerging region
  • The Asia Pacific collaborative robots market is projected to witness a significant growth over the forecast period, owing to the growing demand in the handling application and automotive industries
  • The key players in the collaborative robots market include KUKA AG (Germany), FANUC Corporation (Japan), ABB Ltd. (Switzerland), Universal Robots (Denmark), and Robert Bosch GmbH (Germany)

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Cold-end Exhaust System Aftermarket To Witness Growth Based On Increasing Acceptance Of Semi-Autonomous & Autonomous Cars Till 2025:Grand View Research,inc.

The global cold-end exhaust system aftermarket is expected to reach USD 6.04 billion by 2025, according to a new report by Grand View Research, Inc. Stringent government regulations & emission norms, complemented by sophisticated technology incorporations in the automobile exhaust component fabrication, are expected to boost the market growth. The increasing acceptance of electric vehicles as well as semi-autonomous and autonomous cars in the years to come is further anticipated to bolster the market growth.

Regional regulatory authorities, such as Japanese Automobile Sport Muffler Association (JASMA) and the U.S. Environmental Protection Agency, spectate and regulate the noise emission intensities concomitant with the present-day automotive resonators and mufflers in the automotive exhaust system.

The market can be categorized based on vehicle types into passenger cars and commercial vehicles. The growth in the disposable income of consumers in the emerging markets is expected to have a positive impact on the growth rate of passenger cars. The improving infrastructure, coupled with the modern lifestyle across the globe, is expected to fuel the sales of passenger cars. The rising trade activities of goods and materials via road transportation is expected to fuel the demand for light and heavy commercial vehicles.

The market is expected to witness pioneering developments with the introduction of chemicals and new metals that provide weight reduction and cost-efficiency in automobiles. The nano-on-nano-technology is expected to ripple in the market owing to benefits rendered by the technique. It helps in slowing down the degradation rate of metals in automotive exhaust components.

U.S. cold-end exhaust systems aftermarket by vehicle type, 2014 – 2025 (USD Million)

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Further key findings from the report suggest:

  • The storage type segment dominates the market in terms of revenue
  • The containerization of perishable products is expected to increase the demand for refrigerated containers over the forecast period
  • The rapid detection methods, such as nucleic acid-based, immunological-based, and biosensor-based foodborne detection methods, are gaining traction in the market
  • The processed food application is expected to register a high CAGR of 12.1% over the projected period
  • The Asia Pacific region is expected to portray a high growth rate over the forecast period
  • The rising popularity of quick-service restaurants, technological advancements in food packaging, and modern retail trade are driving the processed food application
  • The key market players include Lineage Logistics (U.S.), Nordic Logistics (U.S.), Swire Group (UK   ), and Wabash National Corporation (U.S.)

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Cold Chain Market Is Expected To Reach USD 381.68 Billion By 2025: By Grand View Research, Inc.

The global cold chain market is anticipated to reach USD 381.68 billion by 2025, according to a new report by Grand View Research, Inc. The expansion of trade over the years has arisen the necessity of making improvements in the packaging of crops as such, the materials used for packaging play a major role in enhancing the storage life.

The development of cold chain is largely responsible for the reduction of wastage of perishable commodities and is vital for the growth of the food sector. Governments across globe provide key services, such as public infrastructure and legislation, which help in facilitating the refrigerated storage development. Furthermore, service providers train employees to enhance technical expertise in the operation and maintenance of specialized facilities.

Emerging countries such as India, Brazil, China, and Mexico are currently undergoing a rapid transition to a consumer-led economy. The retailers in these regions have ample opportunities to expand and grow, owing to the prevailing large number of middle-class income consumers. Advancements in the technology have enabled service providers to penetrate the emerging markets with innovative solutions to help solve issues relating to complex transportation.

Investment in warehouse automation has been increasing over the past years to meet the customer requirements. High capital investment, running costs, and scalability of different picking methods are the key factors that restrain the market players to automate the warehouses. Furthermore, the growing application of telematics in logistics and transportation is likely to spur the refrigerated transportation market demand.

The retailers and franchise customer have vertical integration with the cold chain service providers to ensure the safety and quality of the product. The lack of cold chain facilities in less-developed economies made retailers to invest heavily in developing own cold chain logistics systems.

The increasing penetration of connected devices and growing usage of RFID, barcode scanners in the refrigerated warehouse is anticipated to drive the monitoring components segment demand over the projected period. The service providers are focusing on adopting new technologies such as cloud technology to enhance the overall logistics performance.

U.S. cold chain market, by application, 2014 – 2025 (USD Billion)

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Further key findings from the report suggest:

  • The storage type segment dominates the market in terms of revenue
  • The containerization of perishable products is expected to increase the demand for refrigerated containers over the forecast period
  • The rapid detection methods, such as nucleic acid-based, immunological-based, and biosensor-based foodborne detection methods, are gaining traction in the market
  • The processed food application is expected to register a high CAGR of 12.1% over the projected period
  • The Asia Pacific region is expected to portray a high growth rate over the forecast period
  • The rising popularity of quick-service restaurants, technological advancements in food packaging, and modern retail trade are driving the processed food application
  • The key market players include Lineage Logistics (U.S.), Nordic Logistics (U.S.), Swire Group (UK   ), and Wabash National Corporation (U.S.)

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Coiled Tubing Market To Be Driven By Increasing Operating Cost For Extracting Oil From Existing Wells Till 2025:Grand View Research,inc.

The global coiled tubing (CT) market is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc. Globally, declining oil production and increasing number of exploration & production activities are anticipated to drive the market growth in the next eight years. In addition, a shift in the trend for developing unconventional oil blocks globally, will boost the market demand.

Regulations in countries enhancing exploration & production activities will be a supporting factor for the market growth. Favorable initiatives by Chinese and the U.S. governments in the form of relaxed provision of FDI, tax incentives, and other financial aids is estimated to back up the industry growth. However, public concerns and several bans concerning harmful impacts of the technology mainly in countries such as South Africa, France, Tunisia, Romania, and Bulgaria are anticipated to remain key challenges for the industry players over the next few years.

Well intervention is a major service provided by CT technology. the service is carried out in to extend the life of a producing well by improving its performance. Some of the well intervention service includes well completion, well cleaning, and wireline. Sand clean out is the most common well intervention application. It is a complex process and requires pumping a fluid or gasses into the well.

U.S. coiled tubing market revenue by services, 2014 – 2025 (USD Million)

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Further key findings from the report suggest:

  • The global coiled tubing market was worth USD 3.25 billion in 2015. The market is expected to grow at a CAGR of 5.1% from 2017 to 2025
  • Pumping in terms of coiled tubing unit was the major segment in the year 2016 and is expected to grow at a CAGR of 3.9% from 2017 to 2025
  • Circulation operational segment is expected to be the fastest-growing segment over the forecast period
  • Offshore segment is expected to be the fastest growing segment, owing to newly discovered oil wells in the deep waters
  • North America was the largest market in 2015. It is expected to gain share on account of increasing E&P activities, particularly in the deep sea.
  • Asia Pacific market is expected to grow at a CAGR of 5.8% from 2017 to 2025, owing to favorable government regulations and rising foreign investment in the region
  • Market is moderately consolidated and experiences the presence of giant and large companies across the value chain
  • Schlumberger, Baker Hughes, Halliburton, Weatherford International Inc, Archer Limited, Calfrac Well Services Ltd, Cudd Energy Services, Superior Energy Services Inc., Trican Well Service Ltd., and C&J Energy Services, Inc. are the prime companies operating in the market.

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4K TV Market To Witness Growth Based On Increased Pressure On Manufacturers To Reduce Prices Till 2025:Grand View Research,inc.

The global 4K TV market is expected to reach USD 380.9 billion by 2025, according to a new report by Grand View Research, Inc. The evolving nature of the consumer electronic industry, advancements in graphic engines of televisions, increased pressure on manufacturers to reduce prices, and popularity of the ultra-high definition technology & its advantages have fueled the demand for UHD televisions in the past few years. Latest graphic processors permit advanced technical image formats and have improved the content quality significantly hence, they are widely used in production and distribution of UHD content. Customers are getting accustomed to using such contents, which is further anticipated to spur the market growth.

The 52–65 inches’ segment dominated the global 4K TV market in 2016 since this segment has a wide range of product offering at different price points. Moreover, the adoption of novel technologies, such as Quantum dot LEDs (QLEDs) and Super UHD (SUHD) and decreasing prices of 4K TVs are expected to catapult the segment demand over the forecast period.  Televisions belonging to this range have high penetration rates as compared to the others. However, the above 62 inches’ screen size segment is expected to witness the highest growth over the forecast period owing to the declining price trend of 4K TVs coupled with increasing disposable incomes of individuals globally.

China is one of the biggest manufacturers of LCD panels for televisions. The country accounted for more than 70% of the total market share in 2016. Furthermore, North America is projected to be the highest growing region owing to the rising disposable income of the individuals and the increasing penetration of UHD set top boxes in the region.

China 4K TV market by Screen Size, 2014 – 2025 (USD Billion)

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Further key findings from the report suggest:

  • The global UHD TV market is expected to witness a CAGR exceeding 20% from 2017 to 2025 owing to the changing consumer preference from HD to UHD technology along with increasing demand for high-end home products
  • Moreover, increasing penetration of ultra-high-speed internet, particularly in developed regions including metropolitan cities are expected to favorably impact the 4K TV market growth over the coming years
  • The 52 – 65 inches’ segment accounted for the largest share in 2016, which is accredited to increasing penetration of 4K TVs in the higher economic class; however, with decline in TV prices the above 65-inch screen size segment pose high growth opportunities
  • The Asia Pacific region accounted over 40% of the overall revenue share in 2016 and is also expected to dominate over the forecast period owing to the huge adoption along with declining prices of 4K televisions
  • A few key players who captured a significant market share in 2016 are Samsung, LG Electronics, Sony Corp., Hisense, and Sharp Corp

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Bluetooth Beacons Market Is Projected To Grow At A CAGR 95.3% from 2014 to 2025: Grand View Research, Inc.

The global bluetooth beacon market size is expected to reach USD 58.7 billion by 2025, according to a new report by Grand View Research, Inc. The introduction of next-generation software-based and virtual beacons are expected to boost the market demand.

The key factor driving the industry growth is the increased number of applications powered by beacons and Bluetooth Low Energy (BLE) tags. Beacons are witnessing growing penetration across asset tracking and machine/equipment status observation in high volume verticals. At the same time, the markets for both existing and new applications are maturing, leading to larger roll-outs.

Growing integration of beacons in cameras, LED lightings, point of sale (POS) devices, digital signage, and vending machines is expected to propel the industry growth over the forecast period. Apart from retail applications, beacons are also projected to become a common commodity in industrial applications.

Industries are increasingly shifting toward the incorporation of Bluetooth-powered solutions from conventional proximity solutions including Wi-Fi and RFID. Assets based on Wi-Fi, RFID, and people flow tracking systems have currently captured a significant revenue share in the healthcare and intra-logistics sectors. The relatively lower price point of Bluetooth-based solutions is playing a pivotal role in their large-scale adoption in various domains such as indoor navigation, worker security, elderly care, and affordable asset tracking.

U.S. Bluetooth beacons market, by technology, 2014 – 2025 (USD Million)

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Further key findings from the report suggest:

  • Bluetooth beacon are poised for large-scale adoption throughout the forecast period, with a projected CAGR of 95.3% from 2017 to 2025
  • The Eddystone segment is expected to witness the fastest growth due to its open format and the ability to offer a broad range of solutions for proximity interactions without the need for native apps
  • The healthcare segment is anticipated to grow at an enormous rate over the forecast period with an estimated CAGR of over 100% from 2017 to 2025, as there has been an increased need for streamlining hospital operations to provide customized services as per the patients’ history
  • Leiden University Medical Center uses the iBeacon technology along with Internet of Things (IoT) platform to treat patients with Acute Myocardial Infarction (AMI)
  • The Asia Pacific Bluetooth beacons market is expected to witness appreciable growth which is attributed to the high potential applicability of beacons in the retail sector
  • Key industry players include Estimote, Inc.; Kontakt.io; Accent Advanced Systems, SLU; Onyx Beacon Ltd.; and Bluvision Inc.

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