Rubber Tired Gantry (RTG) Crane Market Is Anticipated To Reach $1.64 Billion By 2025: Grand View Research, Inc.

The global rubber-tired gantry (RTG) crane market is expected to reach USD 1.64 billion by 2025, according to a new study by Grand View Research, Inc. Advancements in technologies, such as Active Load System (ALS), are expected to fuel the market growth over the forecast period. RTGs equipped with ALS technology help in increasing the stability of the container during transportation.

The increasing seaborne trade due to rapid industrialization has led to the development of port infrastructure across the globe. The growth in seaborne trade can be attributed to the increasing population, especially in developing regions. Moreover, flexible taxation across various regions for the import of goods has led to an increase in incoming container traffic. This stimulates the implementation of robust container handling equipment such as RTGs.

The recent advancements in the technology have helped in increasing the efficiency of cranes during loading and unloading of the container from the ship. Cranes are being remotely controlled through a wireless medium established at a common control center that enhances driver safety and operational convenience.

The growth in vessel size due to increase in global trade has stimulated the usage of RTGs in various ports for improving container handling capacity. The equipment operates with fewer performance deviations and carries out container stacking in lower number of moves, thereby saves fuel and time of operation.

Market participants are increasingly focusing on green technology due to stringent government regulations pertaining to pollution and emission limits across various regions. Moreover, the use of RTGs equipped with electric drives can be optimized to consume less power.

Browse full research report on Rubber Tired Gantry (RTG) Crane Market: http://www.grandviewresearch.com/industry-analysis/rubber-tired-gantry-rtg-crane-market

Further key findings from the study suggest:

  • The 16-wheeler RTGs segment dominated the overall market in 2016 and was valued at USD 563 million. Easy maneuverability and high load carrying capacity are expected to propel the demand for these products
  • Electric cranes contributed remarkably toward industry growth and were valued at USD 269.1 million in 2016
  • Hybrid RTGs are widely adopted as they are equipped with optional diesel generator sets that are expected to prevent the downtime and keep the equipment functional
  • The hybrid powered RTG segment is expected to gain traction over the forecast period and was valued at USD 92.0 million in 2016. These RTGs facilitate port terminals and crane operators in reducing fuel expenses
  • The demand for this equipmentin the Asia Pacific region was relatively higher, owing to its operational efficiency. The region is expected to grow at a CAGR of 4.4%from 2017 to 2025
  • Ports in North America are expected to receive funding from regional governments for port infrastructure development. The funds will be invested in container handling equipment and terminal development for capacity expansion
  • The key industry participants include Anupam Industries Limited, Konecranes, SANY GROUP, TNT Crane & Rigging, Liebherr, ElectroMech Material Handling Systems (India) Pvt. Ltd., Kalmar, Mi-Jack Products, Shanghai Zhenhua Heavy Industries Co., Ltd., and Reva Industries Ltd.

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Grand View Research has segmented the Rubber-Tired Gantry (RTG) crane market based on type, power supply, and region:

RTG Crane Type Outlook (Revenue, USD Million; 2014 – 2025)

  • 8-wheeler
  • 16-wheeler

RTG Crane Power Supply Outlook (Revenue, USD Million; 2014 – 2025)

  • Diesel
  • Electric
  • Hybrid

RTG Crane Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Turkey
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Columbia
    • Mexico
  • MEA

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-rubber-tired-gantry-rtg-crane-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: http://www.grandviewresearch.com

Material Handling Equipment Market Is Projected To Witness Growth Based On The Growing Concerns For Workplace Safety Till 2025:Grand View Research,inc.

The global material handling equipment market is expected to reach USD 41.1 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rise in manufacturing activities in the automotive, pharmaceutical, chemical, and food & beverage industries is projected to spur demand. The growing concerns for workplace safety are expected to remain a key driver.

The global material handling equipment market is anticipated to witness a high growth over the forecast period. This is accredited to the use of technologically advanced products, such as hydraulic components which are incorporated into this equipment. Furthermore, the integration of telematics solutions & tracking sensors into these products is expected to gain traction in the near future, thereby fueling the equipment sales. The rising espousal of automated storage and retrieval systems is expected to further catapult the equipment market growth over the next nine years.

Browse full research report on Material Handling Equipment Market: http://www.grandviewresearch.com/industry-analysis/materials-handling-equipment-market

Further key findings from the report suggest:

  • Automated storage & retrieval systems segment captured over 25% of the total revenue in 2015 and is projected to exhibit a significant growth at a CAGR of over 6.9% from 2016 to 2025. This growth is attributed to the surging espousal of automated equipment in warehouses and manufacturing centers
  • On account of the wide scope of applications, these products aid in moving, protecting, and storing goods in warehouses. The e-commerce segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding 10.0%.
  • Asia Pacific emerged as the fastest growing market and is expected to witness a healthy CAGR of over 7%, which is primarily due to the rising manufacturing activities in the developing countries of this region
  • The key purveyors in this industry comprise Daifuku,SSI Schaefer,BEUMER Group, Kion Group (Dematic), and Swisslog AG.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-transportation  

Grand View Research has segmented the global material handling equipment market on the basis of product, end-use, and region:

Material Handling Equipment Product Outlook (Revenue, USD Billion; 2014 – 2025)

  • Storage & handling equipment
  • Automated storage & retrieval system
  • Industrial trucks
  • Bulk material handling equipment
  • Others

Material Handling Equipment End-Use Outlook (Revenue, USD Billion; 2014 – 2025)

  • Automotive
  • Food & beverages
  • Chemical
  • Semiconductor & electronics
  • E-commerce
  • Aviation
  • Pharmaceutical
  • Others

Material Handling Equipment Regional Outlook (Revenue, USD Billion; 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-material-handling-equipment-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: http://www.grandviewresearch.com

Marine Propulsion Engines Market To Reach $10.95 Billion by 2020: Grand View Research, Inc.

The Global Marine Propulsion Engines Market is expected to reach USD 10.95 billion by 2020, according to a new study by Grand View Research, Inc. Significant modernization in marine propulsion as a direct consequence of increased demand for operationally dependable and financially efficient ships is expected to drive the marine propulsion engines market. The shipping industry has started to focus more on reducing fossil fuel consumption by developing electric motors which also help increase energy efficiency.

The market is expected to be hindered by regulations of the International Convention for the Prevention of Pollution from Ships (MARPOL), which apply principally to the protection of the marine environment and prevention of contamination by oil, chemical spills, sewage, marine species, and air pollution by engine exhaust gases. With the advancement in technology and increasing awareness pertaining to environmental conservation, development of propulsion systems that run on alternate fuels and with minimal emissions has garnered special importance.

Although wind and solar energy have gained prominence as auxiliary propulsion sources in the marine propulsion engines market, they are inadequate to suffice the power requirements for primary propulsion purposes.

Browse full research report on Marine Propulsion Engines Market: http://www.grandviewresearch.com/industry-analysis/marine-propulsion-engines-market

Further key findings from the study suggest:

  • High reliability and easy operability have resulted in diesel engines being the most extensively used to meet the primary as well as auxiliary ship propulsion needs in the marine industry. Presence of well-established spare part and repair networks globally coupled with availability of trained engineers and established training facilities has further driven the diesel marine propulsion engines demand.
  • Depleting conventional and shale gas reserves have led to the increase in the demand for liquefied natural gas (LNG) as a marine fuel which involve dual fuel diesel (DFD) engines as prime movers. Wind energy and solar energy have gained prominence as auxiliary power generating sources as they do not emit harmful pollutants. Although steam turbine systems were traditionally used as prime movers, they have been increasingly substituted by diesel and dual fuel diesel (DFD) engines. Steam marine propulsion engines are still used in niche applications such as coal carriers and LNG carriers.
  • Asia Pacific accounted for a substantial share of the overall marine propulsion engines market revenue in 2013, which can be attributed to significant investments by countries in the Far East such as China and South Korea. North America is among the highest adopters of LNG as a propulsion medium.
  • Leading marine propulsion engines manufacturers such as Wärtsilä, Rolls-Royce, MAN Diesel, Caterpillar, and Cummins adopt global multi-sourcing strategies to explore alternative sources of supply. Marine propulsion engines manufacturers have dedicated professional sales staff having expertise in the company’s entire product lines for identifying specific and tailored solutions. The marine propulsion engines market is characterized by frequent mergers and acquisitions in a bid to achieve competitive advantage.

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For the purpose of this study, Grand View Research has segmented the global marine propulsion engines market on the basis of product and region:

Marine Propulsion Engines Product Outlook (Revenue, USD Million, 2012 – 2020)

  • Diesel Propulsion
  • Wind & Solar Propulsion
  • Gas Turbine Propulsion
  • Fuel Cell Propulsion
  • Steam Turbine Propulsion
  • Natural Gas
  • Others

Marine Propulsion Engines Regional Outlook (Revenue, USD Million, 2012 – 2020)

  • North America
  • EMEA
  • Asia Pacific
  • RoW

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-marine-propulsion-engines-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: http://www.grandviewresearch.com

Electric Vehicle Charging Infrastructure Market Will Be Worth $45.59 Billion By 2025: Grand View Research, Inc.

The global electric vehicle charging infrastructure market is expected to reach USD 45.59 billion by 2025, according to a new report by Grand View Research, Inc. Governments, across the globe, are striving to encourage the adoption of electric vehicles. Incentive programs, such as tax rebates, grants, and subsidies, have been launched to promote the same.

The increasing adoption of electric vehicles is expected to be more in the passenger cars segment, in comparison with the commercial vehicle segment. The increase in adoption, can be attributed to the growing research & development activities and initiatives undertaken to improve the existing EV models, and make them competitive with the available fuel-powered car models. Furthermore, companies are working towards upgrading Electric Vehicle Supply Equipment (EVSE) to make them more convenient.

In the year 2016, CHAdeMO possessed the largest market share in the connector segment. However, it is predicted to be surpassed by the Combined Charging System (CCS) connectors segment, which is a combination of SAE J1772 (IEC Type 1) and IEC Type 2 connectors.

The fast chargers segment is expected to exhibit the fastest growth, with an estimated CAGR of around 47.9% from 2017 to 2025. Overnight charging is insufficient for covering long distances and sparing hours to charge the vehicle, during a voyage, is not presumed as a good idea. These situations encourage anxiety and eventually discourage the use of electric vehicles. Therefore, fast chargers are expected to have higher adoption rate than slow chargers.

Browse full research report on Electric Vehicle (EV) Charging Infrastructure Market: http://www.grandviewresearch.com/industry-analysis/electric-vehicle-charger-and-charging-station-market   

Further key findings from the report suggest:

  • The electric vehicle charging infrastructure market is expected to grow at a CAGR of 46.8% from 2017 to 2025
  • Leading automakers are observed investing heavily in promoting EV charging infrastructure. For instance, BMW, Daimler, Ford, and Volkswagen, together announced an investment plan for the development of 400 charging sites across Europe
  • The North American region is projected to dominate the EV charging infrastructure, as it is expected to witness significant growth in electric vehicle sales
  • The major players of the electric vehicle charging infrastructure market are ABB Group, AeroVironment, Inc., Elektromotive Limited, Charge Point, Inc., Schneider Electric SE, Chargemaster Plc, Eaton Corporation, Siemens AG, SemaConnect, Inc., ClipperCreek, Inc., Tesla Motors, Inc., Delphi Automotive LLP, General Electric, and Leviton Manufacturing Co., Inc., among others

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Grand View Research has segmented the global electric vehicle charging infrastructure market based on, charger type, connector, application, and regions:

Charger Type Outlook (Revenue, USD Million;2014 – 2025)

  • Slow Charger
  • Fast Charger

Connector Outlook (Revenue, USD Million;2014 – 2025)

  • CHAdeMO
  • CCS
  • Others

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Commercial
  • Residential

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Netherlands
    • UK
    • France
    • Norway
    • Germany
  • Asia Pacific
    • China
    • Japan
    • South Korea

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-electric-vehicle-ev-charging-infrastructure-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: http://www.grandviewresearch.com

Flight Simulator Market Will Witness Growth Based On The Growing Importance Of Aircraft Safety Till 2024:Grand View Research,inc.

The global flight simulators market is expected to reach USD 5.62 billion by 2024, according to a new report by Grand View Research, Inc. Increasing adoption of FFS owing to high fidelity and reliability is expected to provide adequate growth prospects over the coming years. Customers also opt for FTDs on account of their low operational costs, modular approach, real-time aerodynamic flight model, and remote configuration as well as management. The industry is expected to witness moderate growth over the forecast period owing to the aforementioned factors.

The need to effectively replicate real flying training with the usage of motion and visual systems has resulted in the introduction of sophisticated simulators in the market. Increase in government spending and growing security concerns particularly in the military sector is anticipated to escalate product demand significantly. The rising concerns over pilot training cost along with fluctuating fuel prices may further drive demand for flight simulators over the next eight years.

Browse full research report on Flight Simulator Market: http://www.grandviewresearch.com/industry-analysis/the-global-flight-simulator-market   

Further key findings from the report suggest:

  • The FFS product segment accounted for over 90% of the overall revenue in 2015 and is expected to grow at a CAGR of over 4% from 2016 to 2024. This growth is owing to features that provide motion, sound, visuals, and all other aircraft operations that create a realistic flight training environment.
  • The demand in civil application segment is primarily due to the rising air traffic coupled with the growing emphasis on the passenger as well as pilot safety. Governments in several countries have enforced strict regulations regarding the use and significance of simulation training.
  • The services segment is anticipated to grow at a CAGR exceeding 3.0% over the forecast period. This is primarily attributed to the rise in number of simulator installation by international airways.
  • Europe accounted for more than 30% of the overall market share in 2015 and is expected to exhibit a modest growth over the next eight years on account of the elevating enforcement of regulations pertaining to pilot training and passenger safety.
  • The Asia Pacific flight simulators market is estimated to exhibit a substantial growth over the forecast period in light of the growing aviation industry, resulting in the increasing demand for flight simulators. The Middle East & Africa is also projected to showcase a substantial demand of over 4%, which is primarily be attributed to the presence of carriers including Emirates, Etihad Airways, and Qatar that are investing heavily in this industry.
  • Prominent industry players include CAE, Boeing, L-3 Link Simulation & Training, Lockheed Martin, Rockwell Collins, Thales and SaaB. Industry participants emphasize on joint ventures, mergers and acquisitions in order to acquire greater financial, technical, marketing, manufacturing and distribution expertise.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-transportation  

Grand View Research has segmented the global flight simulator market on the basis of product, application, service and region:

Flight Simulator Product Outlook (Revenue, USD Million; Volume, Units; 2012 – 2024)

  • Full Flight Simulator (FFS)
  • Fixed Flight Training Devices (FTDs)

Flight Simulator Application Outlook (Revenue, USD Million; Volume, Units; 2012 – 2024)

  • Military & defense
  • Civil

Flight Simulator Service Outlook (Revenue, USD Million; 2012 – 2024)

  • Maintenance & Repair Services

Flight Simulator Regional Outlook (Revenue, USD Million; Volume, Units; 2012 – 2024)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-flight-simulator-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: http://www.grandviewresearch.com

Connected Car Market Will Witness Growth Based On Technological Proliferation And Increase In Disposable Incomes Till 2022:Grand View Research,inc.

The global connected car market size is expected to reach USD 180.30 billion by 2022, according to a new study by Grand View Research, Inc. Surging consumer demand, constant need for connectivity, increased dependency on technology and the growing number of tech-savvy people are some of the factors expected to boost global connected car market growth.

Connected cars offer connectivity on wheels providing comfort, performance along with safety and security. Such an advanced technology enables the driver and passengers to connect with various online platforms that facilitate real-time communication on the go.

The connected car market has the potential to significantly boost revenues of automobile manufacturers over the next five to seven years. Car manufacturers are expected to deliver the right mix of application and product packages for the right customers, and must systematically invest in R&D if they are willing to maintain their technological leadership.

Increasing regulations by governments and transportation authorities for the installation of advanced safety and vehicle to vehicle communications systems are expected to positively impact industry growth.

Browse full research report on Connected Car Market: http://www.grandviewresearch.com/industry-analysis/connected-car-market

Further key findings from the study suggest:

  • Safety applications dominated the global connected car industry, accounting for over 34% of the share in 2014. The inclusion of safety technologies such as danger warning systems, automatic emergency calling, blind spot alerts, anti-collision systems that prevent accidents in automobiles has made modern cars safer and accident-proof. This is expected to result in an overall reduction in road mishaps and accidents thus reducing the overall on road fatalities.
  • Growing at a CAGR of over 31% from 2015 to 2022, driver assistance systems are expected to gain prominence over the forecast period. Recent advancements in driver assistances systems such as Volkswagen’s Emergency Assist, that automatically applies the brakes and stops a car in case of an emergency and BMW’s autonomous parking valet, that automatically parks a car even after the passenger’s exit have set benchmarks for driver assistance systems in the connected vehicle industry.
  • Asia Pacific is expected to grow at a CAGR of over 29% over the forecast period due to considerable automobile demand in the region coupled with a relatively untapped market for sophisticated automotive communications in the region. Countries such as China and India are expected to drive the industry growth during the next seven years. Automobile manufacturers and technology giants across the world are striving hard to provide advanced vehicle management and safety technologies in the budget car segment as well. Regulation by the European department of transportation in association with the governments have mandated the installation of eCall emergence calling systems and other advanced telematics systems for safety purposes in all new vehicles manufactured after the year 2014.
  • Technological and product innovations have driven the highly dynamic market. Industry participants include major automobile manufacturers and telecommunication giants such as Audi AG, Alcatel Lucent, Apple Inc, BMW, Ford Motors, and Google Inc. Manufacturers resort to mergers, acquisitions and strategic alliances with technological and network service providers as their key growth strategy to make their presence felt in the industry.

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Grand View Research has segmented the global connected car market on the basis of application and region:

Connected Car Application Outlook (Revenue, USD Billion, 2012 – 2022)

  • Vehicle Management
  • Driver Assistance
  • Mobility Management
  • Safety
  • Entertainment
  • Others

Connected Car Regional Outlook (Revenue, USD Billion, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • RoW

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-connected-car-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: http://www.grandviewresearch.com

Agriculture And Farm Equipment/Machinery Market Is Projected To Grow Rapidly Due To Enhanced Demand In Land Development, Sowing & Planting Sector Till 2025: Grand View Research, Inc.

The global Agriculture and Farm Equipment/Machinery market size was valued at 124.2 USD billion in 2015. The adoption of modern technologies by farmers to increase farm yields and meet the growing demand for food supply is expected to be a key factor expected to drive market growth.

Agricultural equipment comprises a wide range of machinery and tools that are used in various processes of farming to improve output and enhance the overall crop quality. Traditional tools are now being replaced with various new agricultural equipment, which mainly include crop processing equipment and drip irrigation equipment.

The agriculture machinery market is growing with the introduction of innovative technologies in the field of agriculture. Farm machinery manufacturers are concentrating on integrating technologies such as Google Earth, GPS, and robotic systems into the present equipment for improving productivity. Another key reason for the predicted growth is the government subsidies and low rates offered to farmers in emerging countries to adopt agricultural machinery.

Browse full research report on Surfactants Market: http://www.grandviewresearch.com/industry-analysis/surfactants-market       

Tractors emerged as the leading product category and contributed to over 20% of the total revenue in 2015. They are an essential farm equipment used for several activities, both as a standalone equipment and with other implements. The sale of tractors has been witnessing growth owing to the increasing rate of mechanization as well as the growing population, thereby resulting in increased pressure on food production and productivity. Over the years, the technology and design of farm tractors has evolved as manufacturers continue to develop tractors that fulfill several requirements of farmers.

Harvesters emerged as the second largest segment in 2015 and are expected to witness the healthy growth at a CAGR of over 5% by 2025. This growth is attributed to the fact that farmers are increasingly preferring harvesters so as to increase production and limit the dependency on farm labors. Furthermore, harvesters offer high productivity and efficient fuel economy, which are anticipated to drive the product demand over the coming years.

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Land development & seed bed preparation accounted for over 15% in the global revenue in 2015. However, harvesting & threshing equipment is anticipated to witness the fastest growth at a CAGR of more than 6% over the forecast period.

The key growth driver behind the increasing demand for farm equipment across several applications, such as land development, plant protection, harvesting, and sowing & planting, is the shortage of farm labor. Agriculture is a labor-intensive and time-consuming process. Labor employment has become expensive since, there is a scarcity of localized labor supply across the globe owing to shift of focus among people toward other jobs.

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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: http://www.grandviewresearch.com