Urodynamic Equipment & Consumables Market Expected To Witness A Substantial Growth Of USD 335.40 Million By 2025: Grand View Research Inc.

San Francisco, 1  April 2020: The Report Urodynamic Equipment And Consumables Market Size, Share & Trends Analysis Report By Type (Uroflowmetry Equipment, Cystometer, Ambulatory Systems, Electromyographs, Video Urodynamic Systems), And Segment Forecasts, 2018 – 2025

The global urodynamic equipment and consumables market size is expected to reach USD 335.40 million by 2025, according to a new report by Grand View Research, Inc. This market is anticipated to grow at an unprecedented rate owing to growing geriatric population that exhibits greater vulnerability to urological dysfunctions. In addition, unprecedented upsurge in prevalence of bladder cancer poses high clinical urgency to adopt highly efficient diagnostics, which thereby broadens future growth prospects. In 2017, as per the American Cancer Society, bladder cancer accounted for 5.0% of all cancers in the U.S.

The market is also driven by global increase in obesity. As per the Centers for Disease Control and Prevention, approximately 36.0% of adult population is obese. According to a research published in NCBI, obesity has increased the risk of developing various urological conditions, such as prostate cancer, nephrolithiasis, hypogonadism, and urinary tract infections. Furthermore, expanding network of testing centers for urological diseases is also broadening growth prospects. Prominent players are engaging in strategic collaboration and acquisitions to increase their geographical presence. For instance, in September 2016, Brighter Health Network LLC announced the acquisition of Urodynamic Testing Specialists to geographically expand in to Florida and the Northeastern region of the U.S.

Access Research Report of Urodynamic Equipment & Consumables Market @ https://www.grandviewresearch.com/industry-analysis/urodynamic-equipment-market

Further Key Findings From the Report Suggest:

• Uroflowmetry equipment held the largest share in the type segment in 2016. This can be attributed to its adoption in testing a wide range of indications such as urinary blockage, bladder dysfunction, prostate cancer, benign prostatic hypertrophy, and others
• Ambulatory urodynamic equipment is expected to grow at a lucrative rate owing to associated benefits such as greater availability & portability and higher efficiency in comparison with conventional methods
• North America accounted fora substantial share owing to increasing number of supportive government initiatives and high awareness amongst end-users
• Asia Pacific is expected to witness exponential CAGR during the forecast period owing to high burden of target diseases and continual infrastructure upgradation of urological testing centers
• Major players are creating a highly competitive atmosphere by adopting strategies such as new product development, collaborations, and strategic agreements
• For instance, in July 2016, LABORIE announced the addition of urology and gastroenterology product portfolio of Medical Measurement Systems B.V.to its existing line of products

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global urodynamic equipment and consumables market on the basis of type and region:

Urodynamic Equipment and Consumables Type Outlook (Revenue, USD Million, 2014 – 2025)

• Uroflowmetry Equipment
• Cystometer
• Ambulatory Urodynamic Systems
• Electromyographs
• Video Urodynamic Systems
• Urodynamic Consumables
  • Urodynamic Catheters
  • Urodynamic Pumps and Transducer Sets

Urodynamic Equipment and Consumables Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Urodynamic Equipment & Consumables Market @ https://www.grandviewresearch.com/press-release/global-urodynamic-equipment-consumables-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

 

Genomics In Cancer Care Market Expected To Fuel Industry Growth With USD 9.22 Billion By 2022: Grand View Research Inc.

San Francisco, 1  April 2020: The Report Genomics In Cancer Care Market Analysis By Product (Instruments, Consumables, Services), By Application (Diagnostics, Personalized Medicine, Drug Discovery & Development, Research), By Technology (Genome Sequencing, PCR, Microarray, Nucleic Acid Extraction and Purification), By End-use (Hospitals, Research Institutes, Academic Institutes) And Segment Forecasts To 2022

Global genomics in cancer care market is expected to reach USD 9.22 billion by 2022, according to a new report by Grand View Research, Inc. Increasing prevalence of cancer coupled with adoption of next generation sequencing for the diagnosis & treatment is expected to fuel the market with future growth opportunities. Increasing incidences of cancer triggers the demand for cost effective and accurate diagnostics in coming years.

In addition, increasing demand for personalized medicines in molecular characterization of cancer to identify therapeutic targets is the factor attributing towards the market growth. Similarly, factors such as cost reduction in genome sequencing, growing healthcare expenditure levels and development of effective diagnostics & therapeutic procedures for cancer are responsible for the potential growth of genomics in cancer care.

Access Research Report of Genomics In Cancer Care Market @ https://www.grandviewresearch.com/industry-analysis/genomics-in-cancer-care-market

Further key findings from the study suggest:

• Instrument segment dominated the overall market in terms of revenue share as of 2014 and accounted for 33.4% of market owing to high cost associated with it. Whereas, consumables are most widely used product segment in genome testing as they are indispensible component and frequently required to perform the test.
• Demand for services such as next generation sequencing, PCR and other such as cancer risk management & genetic testing are expected to grow over the forecast period due to increasing outsourcing activities to perform genome analysis. High cost of performing genetic tests and growing awareness pertaining to associated benefits with the use of these technologies are high impact rendering drivers for this segment.
• Drug discovery and development segment is expected to show lucrative CAGR of 17.6% during the forecast period owing to increasing demand for effective treatment for cancer and growing investment in biomedicines by manufacturers for the development of novel products.
• Genome sequencing held the dominant share of technology segment as it is most prominently used for diagnosis due to associate benefits such as faster and accurate method. It is expected to show significant growth rate of 17.5% in coming years owing to remarkable decrease in the cost for genome sequencing and increasing adoption rates.
• The cancer research segment held the largest share of 34.1% in 2014 due to increasing demand for faster & accurate diagnostic methods to treat variety of cancer. Other use such as commercial adoption of genetic testing is expected to be fastest growing segment owing to increasing demand of cancer genomic testing to fulfill unmet needs in healthcare sector.
• Some key players operating in this market include Beckman Coulter Inc., Illumina, Inc, Affymetrix, Roche Diagnostics, Agilent Technologies, Cancer Genetics Inc., Danaher Corporation, Bio-Rad Labs, Pacific Biosciences, Quest Diagnostics, Sigma Aldrich, Luminex, Thermo Fisher scientific, Oxford Gene Technology., PerkinElmer, Qiagen, and GE Healthcare.

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

Grand View Research has segmented the global genomics in cancer care market on the basis of application and region: 

Global genomics in cancer care product outlook (Revenue, USD Million, 2012 – 2022)

• Instruments
• Consumables
• Services

Global genomics in cancer care application (Revenue, USD Million, 2012 – 2022)

• Diagnostics
• Personalized medicine
• Drug discovery & development
• Research

Global Genomics in cancer care technology  Outlook (Revenue, USD Million, 2012 – 2022)

• Genome sequencing
• PCR
• Microarrays
• Nucleic acid extraction & purification
• Other

Genomics in cancer care regional outlook (Revenue, USD Million, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Genomics In Cancer Care Market @ https://www.grandviewresearch.com/press-release/global-genomics-in-cancer-care-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

Parenteral Nutrition Market Projected To Expand At A CAGR 5.8% For The Forecast Period From 2019 To 2026: Grand View Research Inc.

San Francisco, 1  April 2020: The Report Parenteral Nutrition Market Size, Share & Trends Analysis Report By Nutrient Type (Carbohydrates, Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements), By Region, And Segment Forecasts, 2019 – 2026

The global parenteral nutrition market size is expected to reach USD 8.26 billion by 2026, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.8% during the forecast period. Increasing rate of natality and surging geriatric population is fueling the market growth.

As of 2014, the natality rate reported by the National Center for Health Statistics (NCHS) is 12.5 births per 1,000 populations in U.S. Furthermore, the percentage of lower weight infants was 8.0%, thereby boosting the demand for parenteral nutrition products in the country.

The realized natality is rising over the last decade and is anticipated to sustain growth over the forecast period. However, in 2011, a dip was witnessed in U.S. owing to alteration in fertility rate of the local female population. However, in the same year, hike in the number of births for foreign based immigrant citizens was also observed leading to an overall rise in birth rate.

Moreover, a large number of premature babies suffer from low weight as well as undeveloped immunity thus putting them at risk. Parenteral nutrition reduces the risk of infection and underdevelopment, thereby promoting its application.

As per the National Center for Healthcare Statistics, the premature birth rate of the U.S. is about 9.6% as of 2016, and the national authorities are working to reduce it to 8.1%.

In very low birth weight (VLBW) newborns, demand for parenteral nutrition is higher owing to low prospect of enteral nutrition. Hence, use of parenteral nutrition in premature infants results in improved intrauterine nutrient deposition, faster neurological development, and minimized risk of complications thus improving their chances for survival.

Access Research Report of Parenteral Nutrition Market @ https://www.grandviewresearch.com/industry-analysis/parenteral-nutrition-market

Further key findings from the study suggest:

• Single dose amino acid solution segment dominated the market in 2018 owing to increasing use of amino acid solutions that possess fewer side effects thus enhancing patient benefits
• North America led the market in terms of revenue and accounted for 41.73% of the overall share in 2018. Presence of high research expenditure by private entities and government agencies in the healthcare sector and collaborations among medical device industry, regulatory authorities, and universities are responsible for the market growth
• Some of the companies present in the parenteral nutrition market are B. Braun Melsungen AG; Baxter International, Inc.; Fresenius Kabi AG; Hospira, Inc.; Actavis, Inc.; Grifols International S.A.; Otsuka Pharmaceutical Factory, Inc.; and Sichuan Kelun Pharmaceutical Co. Ltd.

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

Grand View Research has segmented the global parenteral nutrition market based on nutrient type and region:

Parenteral Nutrition Nutrient Type Outlook (Revenue, USD Million, 2015 – 2026)

• Carbohydrates
• Lipid Emulsion
• Single Dose Amino Acid Solution
• Trace Elements
• Vitamins & Minerals

Parenteral Nutrition Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa (MEA)

Access Press Release of Parenteral Nutrition Market @ https://www.grandviewresearch.com/press-release/global-parenteral-nutrition-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

Hemodynamic Monitoring Devices Market Value To Reach USD 1.4 Billion By 2024: Grand View Research Inc.

San Francisco, 1  April 2020: The Report Hemodynamic Monitoring Devices Market Analysis By Product (Monitoring Systems, Disposables), By Type (Invasive, Minimally Invasive, Non-invasive), By End-use (Hospitals, Catheterization Laboratories), And Segment Forecasts To 2024

The global hemodynamic monitoring devices market is expected to reach USD 1.4 billion by 2024, according to a new report by Grand View Research, Inc. The increasing demand for non-invasive monitoring techniques coupled with the rising prevalence of chronic illness is expected to drive the market over the forecast period.

The hemodynamic monitoring market is influenced by new technologies such as echocardiography, thoracic electrical bio-impedance and others that maybe used to non-invasively monitor parameters such as cardiac output, arterial pressure, blood oxygen level, and central venous pressure.

Furthermore, the rising population of critically ill patients coupled with defective healthcare facilities with drawbacks, such as understaffing, is propelling market players to develop minimal invasive hemodynamic monitoring devices that may be used in clinical and home care settings. Along with the new product development, the market is also anticipated to witness the development of technologies that help in the early diagnosis of shock and sepsis.

Furthermore, efforts by key industry players to understand critical illnesses at molecular levels leading to the development of efficient assessment products are expected to be witnessed over the forecast period. Hence, all these company strategies and the research conducted are eventually expected to promote market growth over the forecast period.

Access Research Report of Hemodynamic Monitoring Devices Market @ https://www.grandviewresearch.com/industry-analysis/hemodynamic-monitoring-devices-market

 Further key findings from the study suggest:

• The disposables segment is anticipated to be the largest segment by 2024. The rising sale of hemodynamic monitoring systems and increasing applications of these systems in home care settings, hospitals, and clinics are expected to boost the segment growth.
• The non-invasive devices segment is expected to be the fastest growing hemodynamic monitoring market. Risks that include the development of arrhythmias due to the use of pulmonary artery catheter and the development of other methodologies that measure the cardiac output, such as echocardiographs, are the vital impact rendering drivers.
• Asia Pacific is anticipated to be the fastest growing regions and is anticipated to contribute to about 20.0% of the global revenue by 2024. The strengthening of the distribution channels by companies and the registration of products in countries, such as China, India, Australia, and others, are expected to support the growth over the forecast period. For instance, LiDCO Group, in their 2016 prelim report emphasized on its strategy of appointing new distributors for the Australian and South East Asian region.
• Major industry players are Edward Lifesciences, LiDCO Group Plc, Deltex Medical, Philips Medical, GE Healthcare, Noninvasive Medical Technologies, Inc., Tensys Medical, Inc., Cardio-Dynamics International, and Drager Medical, Inc. As mentioned above, the new product development is expected to drive the market over the forecast period.
• For instance, in March 2016, the LiDCO Group received the U.S. FDA approval for the LiDCO unity and launched the product in the European region. Along the same time, LiDCO also succeeded in registering itself in China to explore untapped territories and increase their global presence.

 

Browse more reports of this category by Grand View Research at:  https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Hemodynamic Monitoring Devices Market on the basis of product, type, end-use and regions.

Global Hemodynamic Monitoring Devices Product Outlook (Revenue, USD Million, 2014 – 2024)

• Monitoring systems
  • Pulmonary artery catheters
  • Cardiac output monitors
  • Others
• Disposables
  • Probes
  • Airflow Sensors
  • Circuits
  • Others
• Services

Global Hemodynamic Monitoring Devices Type Outlook (Revenue, USD Million, 2014 – 2024)

• Invasive Hemodynamic Monitoring System
• Minimally Invasive Hemodynamic Monitoring System
• Non-invasive Hemodynamic Monitoring System

Global Hemodynamic Monitoring Devices End-use Outlook (Revenue, USD Million, 2014 – 2024)

• Hospitals
• Catheterization Laboratories
• Others

Hemodynamic Monitoring Devices Market Regional Outlook (Revenue, USD Million, 2014 – 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Hemodynamic Monitoring Devices Market @ https://www.grandviewresearch.com/press-release/global-hemodynamic-monitoring-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:www.grandviewresearch.com

 

Automotive Electronics Market Size Is Poised To Reach 493.69 Billion By 2027: Grand View Research Inc.

San Francisco, 1  April 2020: The Report  Automotive Electronics Market Size, Share & Trends Analysis Report By Component (Electronic Control Unit, Sensors), By Application, By Sales Channel, By Region, And Segment Forecasts, 2020 – 2027

The global automotive electronics market size is expected to reach USD 493.69 billion by 2027, expanding at a CAGR of 9.0% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing automotive production across emerging economies, coupled with the growing demand for luxury and hybrid vehicles is anticipated to drive the growth. Additionally, the availability of advanced safety systems with features such as automatic emergency braking, and blind-spot detection at a reduced cost is leading to an increase in the integration of these systems. This, in turn, is also expected to boost the adoption of Engine Control Units (ECUs) and sensors used in these systems, subsequently fueling the market growth.

Moreover, to bring down the number of road accidents, governments are also regulating the use of Advanced Driver-Assistance Systems (ADAS) in vehicles. For instance, the New Car Assessment Program mandates the use of advanced active and passive safety systems, such as automatic emergency braking and lane departure warning, in China, U.S., and Europe. The Indian government also allows the use of certain low-frequency bands that can help automotive manufacturers to use radar-based systems for installing ADAS features in vehicles. Stringent regulations have mandated the deployment of most of the electronic components during vehicle production stage itself, thus linking the automotive electronics demand with the growth in vehicle production. Hence, it resulted in an increase of over 2.5% in the Original Equipment Manufacturer (OEM) segment share between 2019 and 2027.

Furthermore, in European and North American regions, the demand for in-vehicle infotainment systems has gained prominence, thereby supporting the market demand. Infotainment solutions providers are actively participating in consolidating the features, such as in-vehicle infotainment and ADAS, in reducing the overall electronic component count, consequently reducing the vehicle weight. For instance, NVIDIA Corporation announced the launch of the DRIVE CX platform. This platform can be used for infotainment and ADAS solutions, in the autonomous vehicles. However, such consolidation requires high-speed data processing controllers such as 64-bit ECU’s and integration of other advanced hardware and software, which is expected to drive the overall market growth from over the forecast period.

Asia Pacific held a dominant market share in 2019, attributed to the significant investments in the automotive industry, mainly in emerging countries, such as Japan, India, and China. The Make in India campaign is anticipated to draw significant investments toward automotive sector, as India offers benefits such as cheaper raw materials and low-cost labors. Besides, Japan is one of the most technologically advanced nations and has witnessed some recovery in its vehicle production since 2015.

Access Research Report of Automotive Electronics Market @ https://www.grandviewresearch.com/industry-analysis/automotive-electronics-industry

Further key findings from the study suggest:

• The current carrying devices segment is expected to hold a dominant market share over the forecast period, owing to the rising demand for convenience, safety features, and connectivity in passenger cars
• The safety systems segment is estimated to dominate the market throughout the forecast period owing to increasing consumer awareness pertaining to safety equipment in vehicles
• OEM segment dominated the automotive electronics market in 2019 owing to the increased durability and shelf life of electronic components that they offer as compared to the aftermarket components
• Asia Pacific is estimated to register the highest CAGR of 9.4% from 2020 to 2027 owing to the increasing vehicle production in emerging countries such as India and China
• The key industry competitors include Aptiv PLC, Continental AG, Denso Corporation, Intel Corporation, Robert Bosch GmbH, and ZF Friedrichshafen AG

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

Grand View Research has segmented the global automotive electronics market based on component, application, sales channel, and region:

Automotive Electronics Component Outlook (Revenue, USD Million, 2016 – 2027)

• Electronic Control Units
• Sensors
• Current Carrying Devices
• Others

Automotive Electronics Application Outlook (Revenue, USD Million, 2016 – 2027)

• ADAS
• Infotainment
• Body Electronics
• Safety Systems
• Powertrain Electronics

Automotive Electronics Sales Channel Outlook (Revenue, USD Million, 2016 – 2027)

• OEM (Original Equipment Manufacturer)
• Aftermarket

Automotive Electronics Regional Outlook (Revenue, USD Million, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Access Press Release of Automotive Electronics Market @ https://www.grandviewresearch.com/press-release/global-automotive-electronics-industry

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

Ready-Mix Concrete Market Size Is Projected To Reach USD 1,206.1 Billion By 2027: Grand View Research Inc.

San Francisco, 1  April 2020: The Report Ready-Mix Concrete Market Size, Share & Trends Analysis Report By Application (Commercial Building, Residential Building, Infrastructure), By Region, And Segment Forecasts, 2020 – 2027

The global ready-mix concrete market size is expected to reach USD 1,206.1 billion by 2027, expanding at a revenue-based CAGR of 7.9%, according to a new report by Grand View Research, Inc. Growing construction activities in commercial and infrastructure segments across the globe are expected to drive the demand for ready-mix concrete.

Commercial availability of ready-mix concrete through domestic and multinational players coupled with rising awareness regarding the product benefits in construction activities is likely to augment the growth in the estimated time. Reduced site supervision cost and labor cost are the factors driving its popularity in the construction activities.

Ready-mix concrete is considered for speedy construction of residential, commercial, industrial and infrastructural spaces. Minimized cement wastage and control in the use of raw materials for ready-mix concrete is likely to aid its demand in the market. Moreover, the pollution-free nature of the production process is anticipated to support market growth for ecofriendly constructions.

Industry players in the market are competing on the basis of product quality and services. Numerous players are focusing on providing utility services at the construction sites. In order to reduce the travel time and costly logistics, the players are setting up the production plants at construction sites.

Access Research Report of Ready-Mix Concrete Market @ https://www.grandviewresearch.com/industry-analysis/ready-mix-concrete-market

Further key findings from the report suggest:

• In 2019, the demand for ready-mix concrete stood at USD 656.1 billion and is likely to witness significant growth over the coming period owing to rapid infrastructural expansion in U.S., Mexico, Brazil, China, India, Thailand, Singapore, Indonesia, and UAE
• In Asia Pacific, the revenue for ready-mix concrete stood at USD 452.8 billion owing to major construction projects in India and China. Development of 100 smart cities in India and the Silk Road Project in China is likely to create growth potential for ready-mix concrete
• In 2019, residential construction applications for ready-mix concrete accounted for the largest revenue share of 34.3% and is anticipated to ascend at a revenue-based CAGR of 7.5% over the estimated period. Rising emergence of speedy constructions is likely to support the demand for the product in residential construction
• Middle East and Africa is expected to emerge as a significant contributor to market growth on account of major construction development in the region. Rising construction projects in UAE, Kuwait, Saudi Arabia, and Qatar are likely to support the growth
• Major participants in the ready-mix concrete market include ACC Ltd.; CEMEX S.A.B. de C.V.; Lafarge; Barney & Dickenson, Inc.; R.W. Sidley, Inc.; Italcementi Group; UltraTech Cement; and Holcim Ltd. Players are focusing on the acquisition of small players in order to penetrate into the construction sector. In July 2016, chemicals and detergent producer, Nirma Ltd. completed the acquisition of Lafarge India’s cement in order to expand its business portfolio in RMC.

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

Grand View Research has segmented the global ready-mix concrete market on the basis of application and region:

Ready-Mix Concrete Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 – 2027)

• Commercial
• Residential
• Infrastructure
• Industrial utilities

Ready-Mix Concrete Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• Central and South America
• MEA

Access Press Release of Readytopsitenet-Mix Concrete Market @ https://www.grandviewresearch.com/press-release/global-ready-mix-concrete-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

Commercial UAV Market Expected To Witness A Substantial Growth Of USD 2.07 Billion By 2022: Grand View Research Inc.

San Francisco, 1  April 2020: The Report Commercial UAV Market Analysis By Product (Fixed Wing, Rotary Blade, Nano, Hybrid), By Application (Agriculture, Energy, Government, Media & Entertainment) And Segment Forecasts To 2022

The global commercial UAV market size is expected to reach USD 2.07 billion by 2022, according to a new study by Grand View Research, Inc.

Increasing applications in agriculture and law enforcement are expected to drive the commercial UAV industry growth over the forecast period. Commercial drones are finding applications across various industry verticals globally. Every industrialized country in the world is making investments in drones, thus driving the scope and technological developments for applications in the commercial UAV market.

Drones are contemporary alternatives for activities, where human life cannot be risked. Such drones find applications in various industrial verticals including military, homeland security, retail, and agriculture. The demand is significantly higher for military applications, although commercial applications are progressively catching up.

Aviation regulatory bodies such as the Federal Aviation Administration (FAA) have imposed restrictions on the use of such drones taking into consideration the difficulties in managing such huge air traffic and the safety of the citizens. However, the FAA is known to be undertaking an initiative to accelerate the UAV approval process for public safety agencies and broaden access to civilian organizations for a variety of commercial, industrial, and other applications.

Access Research Report of Commercial UAV Market @ https://www.grandviewresearch.com/industry-analysis/commercial-uav-market

Further key findings from the study suggest:

• Rotary blade drones accounted for over 70% of the global market share owing to their easy maneuverability and compact design. Moreover, such single and multi-rotor drones equipped with rotary blades have Vertical Take-Off and Landing (VTOL) abilities for applications, where there is limitation of space for fixed blade drones to take off. The development of advanced hybrid UAVs that operate on non-conventional sources of energy and nano, small miniature drones serve multiple applications across various industry verticals.
• Government applications dominated the global commercial UAV industry constituting over 40% of the market share in 2014. Increasing applications in law enforcement, security and surveillance, R&D activities, infrastructure, disaster management, and environmental studies have led to an increased demand for such unmanned aerial vehicles from the concerned government agencies. Innovative applications across agricultural sector have made it the fastest growing application segment, which is projected to grow at a CAGR of over 18% from 2015 to 2022. Special agricultural drones can take snapshots of fields and help in analyzing crops. In addition, fix winged drones can be used for applications such as watering, spreading seeds, fertilizers, and pesticides over large farm fields that drastically reduce the time required and increase the efficiency.
• North America is expected to grow at a CAGR of over 16% over the forecast period on account of concentration of major drone manufacturers and increasing applications in the commercial sectors in the region. Governments and technology giants across the world are striving hard to provide internet to the people as a basic necessity. Facebook Inc. recently acquired Ascenta, a drone manufacturer for its pilot project to provide internet in remote areas using drones as movable wireless access points. Relaxation in regulations and increasing use of drones in law enforcement activities in Europe have led to the regional industry growth.
• Major industry participants include AeroVironment Inc., BAE Systems, DJI, Elbit Systems, Parrot SA, Israel Aerospace Industries, The Boeing Company, and Textron Inc. Manufacturers resort to mergers and acquisitions as their key growth strategy to make their presence felt in the industry. Augmented funding, technological collaborations, and government agencies are expected to emerge as critical success factors for industry growth.

Browse 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 global commercial UAV market on the basis of product, application, and region:

Commercial UAV Product Outlook (Revenue, USD Billion, 2012 – 2022)

• Fixed wing
• Rotary blade
• Nano
• Hybrid

Commercial UAV Application Outlook (Revenue, USD Billion, 2012 – 2022)

• Agriculture
• Energy
• Government
• Media & Entertainment
• Others

Commercial UAV Regional Outlook (Revenue, USD Billion, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Commercial UAV Market @ https://www.grandviewresearch.com/press-release/commercial-uav-market-analysis

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