Phosphate Fertilizers Market To Reach $78.06 Billion By 2025 | Key Industry Players Diammonium Phosphate, Eurochem Group AG

San Francisco, 28 September 2018 - Based on a report published by Grand View Research, Inc.; the global phosphate fertilizers market is anticipated to attain around USD 78.06 billion by 2025. Growing requirement for diverse food products attributed to rising population is anticipated to drive the global market over the forecast period (2018 to 2025). Phosphate offered by these fertilizers can help the plants absorb sufficient amount of energy from the sun and convert it into useful components.

Global phosphate fertilizers market, by region, 2016 (%)

Global phosphate fertilizers market, by region, 2016 (%)

High demand for agricultural fertilizers to boost crop yield and soil fertility is likely to stimulate growth of the market for phosphate fertilizers. Limited availability of arable land and growing awareness regarding the advantages of phosphate fertilizers can further augment market expansion. Favorable government initiatives to promote fertilizers offering naturally occurring nutrients such as nitrogen and phosphorus can positively influence market development during the forecast period.

The worldwide phosphate fertilizers market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into Diammonium Phosphate (DAP), superphosphate, Monoammonium Phosphate (MAP), and others. In 2016, the DAP fertilizers accounted for market share equivalent to USD 15.5 billion. These fertilizers are expected to witness significant growth in demand during the forecast period as they are the key source of phosphorus and nitrogen. These fertilizers can be used in wide range of crops such as sowing pastures, cereals, fodder crops, sugarcane, dairy pastures, and horticultural crops and are likely to be a cost-effective source of nitrogen for crops.

Browse In-depth Insights On Phosphate Fertilizers Market:- 

In 2016, the MAP fertilizers segment accounted for market share equivalent to USD 10.3 billion. The segment is predicted to grow at phenomenal CAGR of around 4.7% from 2017 to 2025. These fertilizers are water-soluble in nature and can be used as a good source of phosphorus and nitrogen for crops and plants. In addition, the high purity level of MAP fertilizers can make it ideal for foliar and fertigation applications. All these factors are anticipated to contribute to the overall market growth in the forthcoming years.

Based on application, the market for phosphate fertilizers can be classified into oilseeds, cereals and grains, fruits and vegetables, and others. In 2016, the cereals and grains segment dominated the market and accounted for largest market share. It is likely to grow at CAGR of nearly 4.6% from 2017 to 2025. High demand for cereals and grains is attributed to rising population and demand for food in countries like China and India. Farmers and gardeners are expected to add phosphate fertilizers to soil to increase the ability of crops and plants to absorb natural phosphorus present in the soil. The ability of fertilizers to maintain the richness of soil nutrients for healthy plant development can impel the demand in near future.

Regional segmentation includes North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. In 2016, Asia Pacific dominated the market and accounted for around 59.1% of market share. It is estimated to grow at a CAGR of nearly 5.5% through to 2025. High demand for diversified food attributed to rising population in countries such as India and China are expected to boost demand for phosphate fertilizers during the forecast period. India is predicted to be the second largest consumer and importer of diammonium phosphate (DAP) fertilizers.

In Central and South America, countries such as Brazil followed by Argentina, Chile, and Columbia dominated the phosphate fertilizers market in 2016. Changing dietary patterns coupled with increasing population are likely to fuel demand for various food products in the region. This, in turn, is expected to influence overall market growth during the forecast period.

Some of the leading companies operating in the market for phosphate fertilizers are Diammonium Phosphate, Israel Chemicals Limited, Coromandel International Limited, The Mosaic Company, and EuroChem Group AG. Most companies are expected to adopt advanced production technologies to offer quality food products to match the improving standard of living. In addition, most companies are expected to manufacture products using phosphate additives for wide range of food applications.


Grand View Research has segmented the global phosphate fertilizers market on the basis of product, application, and region:

Phosphate Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Monoammonium Phosphate (MAP)
  • Diammonium Phosphate (DAP)
  • Superphosphate
  • Others
Phosphate Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Cereals & Grains
  • Oilseeds
  • Fruits & Vegetables
  • Others
Phosphate Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

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

On-Highway Vehicle Lighting Market Worth $42.03 Billion by 2025 | Key Industry Players Koito Manufacturing, Valeo S.A

San Francisco, 28 September 2018 - The global on-highway vehicle lighting market size is expected to reach USD 42.03 billion by 2025, according to a study conducted by Grand View Research, Inc., exhibiting a 5.4% CAGR during the forecast period. Government regulations for improved visibility and increasing penetration of energy-efficient light sources have bolstered the market growth. Increasing adoption of LED lamps and growing emphasis on technological innovations are estimated drive the market further. Automobile manufacturers are increasingly adoption energy-efficient and more advanced lighting technologies, such as LASER and Light-Emitting Diode (LED).

Global on-highway vehicle lighting market share, by vehicle type, 2017 (%)

Global on-highway vehicle lighting market share, by vehicle type, 2017 (%)

LED lamps are more energy-efficient, durable, and have the higher operational life span (over 50,000 hours) than other sources, such as incandescent, xenon, and halogen bulbs. Thus, longer lifespan and low energy consumption would drive the demand for LED lights in the coming years. Companies such as Koito Manufacturing Co. Ltd., Stanley Electric, Hella KGaA Hueck & Co., and Magneti Marelli S.p.A provide LED lights in different shapes for a number of automotive applications.

Asia Pacific is expected to be the dominant regional market over the forecast period owing to the rapidly growing automotive sector. Moreover, stringent regulations by local governments regarding the use of energy-efficient lighting sources are also likely to open up new growth opportunities for the companiesi. For instance, in 2017 the Indian government has mandated the use of Daytime Running Lamps (DRLs) and Automatic Headlamp On (AHO) for two-wheelers, which in turn shall accelerate the Asia Pacific on-highway vehicle lighting market growth.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/on-highway-vehicle-lighting-market

Further key findings from the study suggest:
  • LED is expected to emerge as the dominant product type segment due to declining prices of LED lights as a result of extensive R&D to introduce advanced products
  • The headlight segment is expected to be the leading application segment owing to the increasing use of light sources across front headlamps, DRLs, side lamps, and fog lamps
  • Asia Pacific is expected to be the largest and fastest-growing region over the forecast period. This growth is mainly due to expanding automotive sector in the emerging economies such as China and India
  • Prominent industry participants include Koito Manufacturing, Ltd., Valeo S.A., Koninklijke Philips N.V., and Magneti Marelli S.p.A.

Grand View Research has segmented the global on-highway vehicle lighting market on the basis of product type, application, vehicle type and region:

On-Highway Vehicle Lighting Product Type (Revenue, USD Million, 2014 - 2025)
  • Halogen
  • High Intensity Discharge (HID)
  • LED
  • Incandescent
  • LASER
On-Highway Vehicle Lighting Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Headlights
  • Other External Lights
  • Interior Lights
On-Highway Vehicle Lighting Vehicle Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Motorcycle
  • Passenger Car
  • Buses
  • Light Truck (Class 1-3)
  • Medium Truck (Class 4-6)
  • Heavy Truck (Class 7&8)
On-Highway Vehicle Lighting Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA

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 Worth $22.6 Billion by 2022 | Key Industry participants AstraZeneca, Pfizer

San Francisco, 28 September 2018 - The global hyperlipidemia drugs 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.

Global hyperlipidemia drugs market, by region, 2016 (%)
Global hyperlipidemia drugs market, by region, 2016 (%)
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.

To request a sample copy or view summary of this report, click the link below: 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
Browse More Reports Of Same Category: www.grandviewresearch.com/industry/pharmaceuticals

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)
  • US.
  • UK.
  • Germany
  • Spain
  • France
  • Italy
  • Japan

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

Depth Filtration Market Worth $4.02 Billion By 2025 | Key Industry Players Merck KGaA, 3M

San Francisco, 27 September 2018 - The global depth filtration market is anticipated to reach USD 4.02 billion by 2025, according to a new report by Grand View Research, Inc. Growing use of depth filters in the manufacturing of healthcare products is projected to be a major driving factor for market growth. 

Global depth filtration market revenue by product 2016

Rising demand for clean & high quality filter goods in pharmaceutical and biopharmaceutical industry is expected to boost the market over the forecast period. Significant benefits such as low cost and ease in the usage of the products is anticipated to augment the market from 2017 to 2025. Depth filtration services have various advantages in water filtration, food & beverages, healthcare, and raw material purification sectors.

Growing research and development activities carried out by companies is projected to propel the market over the forecast period. In March 2017, Merck launched the Milli-Q IQ 7000, it is the seventh-generation Milli-Q water purification technology which provides ultrapure water to scientist in laboratories.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/depth-filtration-market

Further key findings from the report suggest:
  • The global depth filtration demand was USD 1.5 billion in 2016 and is expected to grow at a CAGR of 11.7% over the forecast period
  • Diatomaceous earth emerged as the largest media type segment in 2016 and is estimated to generate a revenue over USD 1.3 billion by 2025
  • Rising demand for diatomaceous earth filtration techniques in biopharmaceutical industry as an aid in fractionation  of human plasma is projected to propel the industry over the next eight years
  • Capsule filters is anticipated to be the fastest growing product segment and is estimating a CAGR of 12.4% over the forecasted period
  • Healthcare application segment is anticipated to grow at a significant rate owing to a moderate market share
  • Increasing use in healthcare industry to offer venting and microfiltration for medical devices is projected to fuel the market growth
  • The Asia Pacific region is anticipated to witness high growth rate at a CAGR of 12.2% by 2025.
  • Developing economies in the region, including India and China, have been experiencing strong economic growth, which is expected to drive healthcare and food & beverages industry over the forecast period
  • Key players of the industry include Merck KGaA, 3M Company, TPall Corporation, Eaton Corporation PLC, Donaldson Company, Inc, and Sartorius AG
  • These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share
Browse More Reports Of Same Category: www.grandviewresearch.com/industry/advanced-materials

Grand View Research has segmented the global depth filtration market on the basis of media type, product, application and region:

Depth Filtration Media type Outlook (Revenue, USD Million, 2014 - 2025)
  • Diatomaceous Earth
  • Activated Carbon
  • Cellulose
  • Perlite
Depth Filtration Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Cartridge Filters
  • Capsule Filters
  • Others
Depth Filtration Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Water Filtration
  • Food & Beverages
  • Healthcare
  • Others
Depth Filtration Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa

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

Polyaryletherketone Market Worth $1.50 Billion By 2025 | Key Industry participants Victrex Plc. Solvay S.A

San Francisco, 27 September 2018 - According to a report by Grand View Research, Inc., global polyaryletherketone (PAEK) market is anticipated to value USD 1.50 billion by 2025. Growing requirement for raw materials offering multiple effective properties useful in industrial applications is anticipated to propel demand for polyaryletherketone. PAEK is likely to exhibit superior properties such as low permeability, high electrical strength, good energy radiation resistance, and outstanding chemical resistance.

Increasing use of PAEK in numerous medical devices such as body implants and dental tools can influence growth of market. High demand for light weight and fuel efficient automobiles is anticipated to fuel product demand in automotive sector. Effective properties of PAEK such as excellent insulating properties and superior hydrolysis resistance can stimulate market growth. Growing adoption of polyether ether ketone (PEEK) in aerospace sector attributed to high glass transition temperature can augment market growth during the forecast period (2014 to 2025).

Browse In-depth Insights On Polyaryletherketone Market: www.grandviewresearch.com/industry-analysis/polyaryletherketone-paek-market

Growing demand for PAEK substitutes such as polyphenylene sulfide (PPS) and polyetherimide (PEI) in the automotive and construction sectors can restrain market growth over the forecast period.
The polyaryletherketone (PAEK) market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into polyetherketone (PEK), polyether ether ketone (PEEK), polyetherketoneketone (PEKK), and others. In 2016, PEEK segment dominated the market and accounted for 83.2% market share. Effective properties such as good tensile strength, inherent purity, thermal stability, and precise machinability are expected to fuel product demand.

Similarly, PEKK segment is also expected to grow well during the forecast period attributed to increasing use in oil & gas sector. High compressive strength and electrical resistance of PEKK can fuel its demand during the forecast period. In addition, growing adoption of PEKK in medical, automotive, and coatings sector for multiple applications can stimulate product demand in the forthcoming years.

Based on application, the market can be classified into aerospace, general engineering, electrical & electronics, medical, and automotive. In 2016, automotive segment dominated the market and accounted for market share equivalent to USD 312.4 million. It is likely to display steady growth during the forecast period attributed to rising demand for metal replacements in automotive sector. High demand for fuel efficient vehicles can augment demand for better raw materials. Increasing use of PEEK polymers in automotive applications attributed to its superior insulating properties and hydrolysis resistance can influence market growth. In addition, growing adoption of PEEK in petroleum and chemical processing sector owing to its high fatigue resistance, high wear resistance, and excellent thermal stability can stimulate growth of market during the forecast period. Moreover, medical application segment is expected to account for 9.6% in 2016 and is likely to grow well during the forecast period.

Regional segmentation includes North America, Asia Pacific, Europe, Central & South America, and Middle East & Africa. In North America, the market is anticipated to witness substantial growth at CAGR of 8.6% from 2017 to 2025. High prevalence of major manufacturing companies can influence market growth in the region. In addition, rapid growth of automotive sector in United States (U.S.) attributed to high demand for vehicle production is expected to fuel demand for PAEK. This, in turn, can augment growth of market during the forecast period. Moreover, Mexico being fourth largest exporter of automotive segment after Japan, South Korea, and Germany is likely to surge product demand, which can further augment market growth in the region.

On the contrary, Asia Pacific accounted for 22.2% market share in 2016 and is likely to witness significant growth during the forecast period. China’s strong customer base in electronics, automotive, and medical devices is expected to demand for new constructions. This, in turn, can stimulate market growth in the region. 

Some of the leading companies offering polyaryletherketone are Arkema Group, JK Overseas, Victrex Plc, Solvay S.A., and Quadrant AG. The market is expected to be competitive in nature attributed to stringent registration process and high capital investment. Most companies are likely to adopt effective business strategies to ensure growth. In addition, companies can form strategic alliances with regional distributors.

Browse More Reports Of Same Category: www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the polyaryletherketone (PAEK) market on the basis of product, application, and region: 

Polyaryletherketone Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • Polyether ether ketone (PEEK)
  • Polyetherketone (PEK)
  • Polyetherketoneketone (PEKK)
  • Others
Polyaryletherketone Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • Automotive
  • General Engineering
  • Aerospace
  • Electricals & Electronics
  • Medical
Polyaryletherketone Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

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

Smart Fleet Management Market Worth $565.1 Billion by 2025 | Key Industry Participants Cisco Systems, Inc.; Continental AG

San Francisco, 27 September 2018 - According to a report published by Grand View Research, Inc.; the global smart fleet management market is expected to achieve around USD 565.1 billion by 2025. Rising requirement to accomplish greater operational efficiencies and to improve vehicular safety can propel the market over the forecast period (2018 to 2025).

Implementation of government rules and efforts intended to create reliable and secure transportation network are supporting the development of intelligent transport systems. This factor is anticipated to spur the growth of the market for smart fleet management. Government agencies are also encouraging adoption of connected vehicle technologies to reduce road congestions, energy consumption, and overall carbon footprint. These solutions can assist fleet operators to get real-time information and to make inform decisions. They can assist in saving cost and improving operational efficiency. In addition, deployment of technologies like connected cars and vehicular communications has empowered variety of solutions to enhance safety, tracking, and monitoring of vehicle. This factor is anticipated to propel the adoption in the market over the forecast period.

Browse In-depth Insights on Smart Fleet Management Market: www.grandviewresearch.com/industry-analysis/smart-fleet-management-market

Smart fleet management solutions in fleet analytics, predictive maintenance, fuel management, driver performance tracking and monitoring, and remote diagnostics can enhance operational efficiency, productivity, and cost saving. This factor is anticipated to propel the growth of the global market in the forthcoming years. However, requirement of high capital investment, deployment complexity, and lack of network infrastructure in emerging countries can restrict the growth. In addition, possibility of data loss and concerns regarding cyber attacks may also hinder the market expansion to an extent over the forecast period.

The worldwide smart fleet management market can be segmented on the basis of transportation, hardware, connectivity, and region. Based on transportation, the market can be categorized into rolling stock, automotive, and marine. The automotive segment is anticipated to continue exhibiting the fastest growth at a CAGR of around 8.2% through 2025.

As per hardware, the market can be classified into tracking, remote diagnostics, Advanced Driver Assistance Systems (ADAS), and optimization. The ADAS segment is likely to witness the fastest growth in the years to come. Rising implementation of automation along with execution of strict regulatory framework for vehicular safety can drive the expansion. ADAS integrates components like image processing units, radars, sensors, and Light Detection and Ranging (LiDAR) to enhance safety and to avoid accidents. Their adaptive features like Global Positioning System (GPS) navigation, automated lighting and brakes, and cruise control can be integrated with smart devices to deliver alerts for enhanced driving experience. This is one of the major contributing factor for the demand of ADAS.

On the basis of connectivity, the market for smart fleet management can be divided into short-range, long-range, and cloud. The short-range communication segment is expected to continue dominating the market over the forecast period. This technology enables vehicle-to-vehicle and vehicle-to-infrastructure communication. This can be utiliz to share information regarding traffic, navigation, routing, mapping, and position. The technology is vital for ADAS, which can trigger safeguard measures to avoid vehicle collisions. The cloud connectivity segment is likely to grow at a CAGR of nearly 8.8% during the forecast period on account of scalability, flexibility, and low cost of cloud services. The advanced security features of cloud solutions can protect business-critical information received from multiple sources. This is a major driver for the cloud segment.


Geographically, the market can be divided into North America, Europe, Asia Pacific, and Rest of the World (RoW). Asia Pacific is likely to grow at a steady pace on account of increasing demand for premium fleets, efficient transportation, and high implementation of government regulations. However, implementation of connected technologies with lack of proper network infrastructure in developing countries like India and Mexico can hinder the growth across emerging regions. North America and Europe are likely to showcase significant growth in the forthcoming years due to sufficient availability of strong wireless connectivity infrastructure in developed countries. This has enabled extensive investment in telematics solutions among fleet operators.

Key companies operating in the smart fleet management market include Cisco Systems, Inc.; Orbcomm, Inc.; Sierra Wireless, Inc.; Zonar Systems, Inc.; and Siemens AG. Most market participants are emphasizing on product innovation and business collaborations. The companies are extensively investing in research and development (R&D) activities to develop technologically advanced and autonomous vehicles, sensors, Internet of Things (IoT) devices, and ADAS. They are also expected to adopt business strategies like mergers and acquisitions (M&A) to enhance their global and product portfolio.

Grand View Research has segmented the global smart fleet management market on the basis of transportation, hardware, connectivity, and region:

Smart Fleet Management Transportation Outlook (Revenue, USD Billion, 2014 - 2025)
  • Automotive
  • Rolling Stock
  • Marine 
Smart Fleet Management Hardware Outlook (Revenue, USD Billion, 2014 - 2025)
  • Tracking
  • Remote Diagnostics
  • ADAS
  • Optimization
Smart Fleet Management Connectivity Outlook (Revenue, USD Billion, 2014 - 2025)
  • Short Range Communication
  • Long Range Communication
  • Cloud
Smart Fleet Management Regional Outlook (Revenue, USD Billion, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Rest of World

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

Solar Control Window Film Market Worth $849 Million By 2024 | Key Industry Players Saint-Gobain, 3M

San Francisco, 27 September 2018 - The global solar control window film market is projected to reach USD 849.2 million by 2024, according to a new report by Grand View Research, Inc. Growing construction and automotive industries are expected to fuel the growth of the solar control window films industry.

U.S. solar window films market revenue, by application, 2013 - 2024 (USD Million)
Solar control window films are installed on windows of buildings and vehicles in order to block harmful IR and UV rays. Installation of these films helps restrict the use of air conditioners which, in turn, lowers the emission of harmful gasses from these appliances.

The construction segment dominated the market in terms of application in 2015. It accounted for 57.4% of solar control window film market in 2015. Growing construction activities in the Asia Pacific and MEA are providing the necessary momentum to the growth of the market. Regulations regarding energy consumption and conservation particularly in commercial buildings have further increased the demand for solar control window films.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/solar-control-window-film-market

Further key findings from the report suggest:
  • Among applications, the construction segment held the largest share and is projected to grow at the highest CAGR of 6.2% during the forecast period. Increasing construction spending, especially in emerging regions such as Asia Pacific and MEA is expected to drive this segment over the forecast period. The construction industry in the U.S. has witnessed an upward surge, which has further increased the demand for the product in this segment.
  • Vacuum coated films are projected to grow at the highest rate of 6.1% from 2016 to 2024, owing to their ability to block the fatal UV rays effectively. The metal content in these films reflects the sun rays and keep the interiors of buildings and vehicles cooler and prevent them from fading, making them more popular than dyed and clear films.
  • Asia Pacific was valued over USD 170 million in 2015 and held the largest share in the global market. It is also projected to be the fastest growing region from 2016 to 2024, with a CAGR of over 6% courtesy growing construction and automotive industries. Emerging countries such as India, South Korea, and Indonesia have witnessed tremendous growth in both, construction and automotive sectors. Also, as the weather in this region can get hot and humid, particularly during summer, it is imperative to shield buildings and vehicles with solar control films.
  • The market is dominated by key players such as Saint-Gobain SA (France), 3M Company (U.S.), Garware Polyester Limited (India), and Eastman Chemical Company (U.S.). Apart from these, several small and medium scale players are present in the market. These companies, through R&D and strategic developments, aim to increase their market shares. New product development was the most popular strategy adopted by these players, which helped them expand their current product portfolio.

Grand View Research has segmented the global solar control window film market on the basis of product, application, and region:

Product Outlook (Volume, Million Square Feet; Revenue, USD Million, 2013 - 2024)
  • Dyed Films
  • Clear Films
  • Vacuum Coated Films
Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2013 - 2024)
  • Construction
  • Automotive
  • Others
Regional Outlook (Volume, Million Square Feet; Revenue, USD Million, 2013 - 2024)
  • North America
    • US.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • MEA

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

Surgical Navigation Systems Market Worth $1.25 Billion By 2025 | Key Industry participants Medtronic Fiagon GmbH

San Francisco, 27 September 2018 - The global surgical navigation systems market size is expected to reach USD 1.25 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.0% during the forecast period. Rising prevalence of target disorders such as ENT disorders, brain cancer, and orthopedic degenerative diseases is expected to propel the market growth in near future. Moreover, increasing geriatric population base, which is more prone to degenerative disorders of joints, is also likely to have a major impact on the market demand. Osteoarthritis and osteoporosis are the most common disorders in the population aged over 65 years.

As per International Osteoporosis Foundation, total number of hip fractures is expected to increase from 1,433 million in 1950 to 5,395 million in 2050. Furthermore, increasing cases of brain cancer is also contributing the market growth. According to the Central Brain Tumor Registry of the United States (CBTRUS), the incidence rate of all non-malignant brain, primary malignant, and other CNS tumors was 22.64 cases per 100,000 in 2016. Over 78,980 new cases of these tumors are anticipated to be diagnosed in the U.S. in 2018, thereby propelling the demand for surgical navigation systems.

The demand for minimally invasive procedures is increasing across the world. Surgical navigation systems are provide better accuracy and precision in diagnosis and help determine correct implementation of plans during surgery, thereby aiding in minimally invasive procedures with improved outcome. It offers visual imaging at every stage of the surgery, thereby allowing for modification of plans during surgery according to intra-operative findings. It is also cost-effective in joint replacement procedures, as very few patients require revision after a one-time procedure. These factors are also expected to boost the demand for these systems over the forecast period.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/surgical-navigation-systems-market

Further key findings from the study suggest:
  • Neurology segment held the largest share of a little over 37.0% in 2016. This growth was attributed to the early implementation of surgical navigation in this branch and associated advantages of SNSs that help to perform complex surgeries with increased accuracy
  • ENT segment is expected to register at a lucrative CAGR of 8.0% over the forecast period. Rising prevalence of ENT disorders and increasing adoption of SNSs in ENT surgeries are the key growth-driving factors for the segment
  • On the basis of technology, the electromagnetic SNSs segment held the largest share of the market owing to its low cost and ease of use
  • The optical SNSs segment is expected to witness an exponential CAGR of 7.9% owing to its advantages over electromagnetic SNSs, such as precise and accurate navigation
  • North America held the largest share in the global market due to the presence of major companies and target population base. Shifting trend of surgeries from hospitals to Ambulatory Surgical Centers (ASCs) would drive the region
  • Most of the key companies are engaged in various strategies, such as product or technology development, for better market penetration. For instance, in 2017, Medtronic launched StealthStation ENT, a new SNS for ENT surgeries, thereby expanding its product portfolio.
Browse More Reports Of Same Industry: www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global surgical navigation systems market on the basis of application, technology, end use, and region:

Surgical Navigation Systems Application Outlook (Revenue, USD Million, 2014 - 2025)
  • ENT
  • Orthopedic
  • Neurology
  • Dental
  • Others
Surgical Navigation Systems Technology Outlook (Revenue, USD Million, 2014 - 2025)
  • Electromagnetic
  • Optical
  • Others
Surgical Navigation Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)
  • Hospitals
  • Ambulatory Surgical Centers
Surgical Navigation Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • Switzerland
    • France
    • Spain
    • Italy
    • Belgium
    • Austria
    • Netherlands
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa (MEA)
    • South Africa

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

After Sun Care Products Market Worth $2.81 Billion By 2025 | Top Companies L'Oréal, Clarins Group, Unilever PlC.

San Francisco, 26 September 2018 - The global after sun care products market size is estimated to reach USD 2.81 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.1% during the forecast period. Rising product penetration in personal and skin care applications globally is likely to act as a key growth stimulant over the forecast period.

Growing awareness regarding importance of sun care products and post UV exposure products for complete skin repair is one of the key factors influencing the demand for after sun products across the globe.

Lotion dominated the product market, mainly on account of multiple benefits offered and versatility of the product. Lotions are available for all skin types, climatic conditions, consumer preferences, and most importantly, at reasonable prices.Gel-based products and sprays are gaining popularity among seasonal users on account of ease of handling, application and reapplication, and better absorption by the skin.

The global after sun care products industry is anticipated to witness the highest revenue growth in Asia Pacific, at a CAGR of 4.3% over the forecast years. Major industry players, including L’Oréal SAS, Beiersdorf AG, Clarins Group, Lancaster Group, and Unilver Plc, are engaged in manufacture, marketing, packaging, and distribution of after sun care products, globally.

To request a sample copy or view summary of this report, click the link below:  www.grandviewresearch.com/industry-analysis/after-sun-care-products-market

Further key findings from the report suggest:
  • The after sun care products market recorded valuation of USD 2.23 million in 2017 and is projected to rise at a CAGR of 3.1% over the forecast period. Growing product popularity among youth population across the globe is poised to benefit the overall growth
  • After sun cream market was valued at USD 516.9 million in 2017 and is expected to witness steady growth over the forecast period, on account of burgeoning demand for light oil-based skin repair cream for face & body for deep nourishment and healing of sun burnt skin
  • The after sun gel segment is estimated to post a CAGR of 3.3% from 2018 to 2025. Widespread use of aloe-vera based gel formulation for instant relief from skin irritation and skin soothing & hydration are key factors driving product demand
  • Europe dominated the global market for after sun care products in terms of revenue. The region was valued at USD 666.6 million in 2017 and is projected to witness significant growth in the near future on account of rising incidence of skin cancer and other skin disorders in the U.K., France, Belgium, and the Netherlands, among others.
  • Some of the key strategies adopted by industry participants are mergers & acquisitions and integration across the value chain in order to strengthen their product portfolios and global distribution networks.
Access More Reports of Same Industry: www.grandviewresearch.com/industry/consumer-goods

Grand View Research has segmented the global after sun care products market on the basis of product and region:

After Sun Care Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Cream
  • Gel
  • Lotion
  • Powder
  • Spray
  • Others
After Sun Care Products Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Malaysia
    • Singapore
    • South Korea
    • Rest of Asia Pacific
  • Central & South America
    • Brazil
    • Rest of Central & South America
  • Middle East & Africa
    • South Africa
    • UAE
    • Qatar
    • Saudi Arabia
    • Rest of Middle East & Africa

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

Middle East Distribution Panel Market Worth $2.01 Billion By 2022 | Key Industry Participants ABB Ltd, Abunayyan Holding

San Francisco, 26 September 2018 -The Middle East distribution panel market size is expected to reach USD 2.01 billion by 2022, according to a new study by Grand View Research, Inc.

Distribution panels constitute an insulated board or box containing circuit breakers, from which connections are made between the main feeder lines and branch lines. Widespread usage of such boards in telecommunication, servers, generators, alternative power, and medical industry applications is expected to escalate industry growth over the next few years.

Technological advancements incorporating several features in distribution panels that tend to reduce installation complexities and energy imports have led to increased self-sustainability. Additionally, high level of engineering innovation has resulted in better designs and significant benefits, simplifying wiring and reducing material requirements. These latest designs also meet shorter lead time requirements.

Such electrical devices which offer benefits such as efficient power supply while providing protective circuit breakers, have created avenues for industry growth. Smart distribution panels’ development promotes high penetration of renewable resources and dynamic islanding, which may also spur demand significantly over the forecast period.  

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/middle-east-distribution-panel-market

Further key findings from the study suggest:
  • The standalone panel segment is estimated to grow at a CAGR of over 5% during the next seven years. Standalone boards are extensively used in urban areas while pole-mounted distribution boards find applications in electrical T&D in remote and rural areas.
  • Capacity segment comprises low, medium, and high voltage distribution boards. Medium voltage boards contributed to over 40% of the overall revenue share in 2014, which can be attributed to their increased use in the domestic sector. High-voltage boards also captured a considerable portion of the market owing to their growing applicability in commercial applications such as shopping malls and airports.
  • Saudi Arabia is expected to grow at a CAGR of over 6% during the forecast period on account of increasing electrical T&D activities across the region. Qatar is expected to grow significantly over the next seven years on account of increasing commercialization and businesses in the region. Rising demand for improved quality and reliability of energy supply coupled with optimum management of power grids is expected to increase demand for such T&D panels in the region.
  • Key industry participants include ABB Ltd., Abunayyan Holding, Ba`amer Electric, EAMFCO, Hager, Legrand, National for Electrical Panel Boards, Riyadh Factory for Panel Boards, and Schneider Electric SA. Vendors offer enhanced and differentiated products in order to gain a competitive advantage over other industry players.
  • Companies are focused on their regional expansion strategies and are undertaking mergers and acquisitions to gain momentum in the market. For instance, in June 2015, French electrical equipment major, Legrand announced acquisition of Raritan, which specializes in data center and electrical infrastructure solutions and thus added Raritan’s intelligent power and KVM businesses into its core activities.

Grand View Research has segmented the Middle East distribution panels market on the basis of product, capacity and region:
Middle East Distribution Panel Product Outlook (Revenue, USD Million, 2012 - 2022)
  • Standalone
  • Pole-Mounted Transformers
Middle East Distribution Panel Capacity Outlook (Revenue, USD Million, 2012 - 2022)
  • Low voltage
  • Medium voltage
  • High voltage
Middle East Distribution Panel Regional Outlook (Revenue, USD Million, 2012 - 2022)
  • KSA
  • Qatar
  • UAE
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

Fire Protection Materials Market for Construction Worth $8.10 Billion By 2025 | Key Industry participants AkzoNobel N.V, 3M

San Francisco, 26 September 2018 - The global fire protection materials for construction market size is expected to reach USD 8.10 billion by 2025, according to a new report by Grand View Research, Inc., projecting an 8.4% CAGR during the forecast period. The market is anticipated to grow with the implementation of fire safety regulations and strict building codes. There are also various official standards established to overlook and ensure product effectiveness. In addition, rising awareness among people toward fire safety is anticipated to trigger market growth.

According to the latest report by National Fire Protection Association (NFPA) published in 2016, fire incidents kill at last seven people each day in U.S. alone. Fire protection materials have gained high popularity as they effectively prevent the spread of fire from one area to the other. These materials can withstand fire for a long time. As a result, firefighters can control the fire and prevent loss of life and property by extending the time frame available during such situations.

Improving attitude toward building safety codes, along with increasing fire hazard incidents, is anticipated to boost sales of fire protection materials around the globe. These materials have immense growth potential and can partially replace traditional construction materials such as sealants, putty, and coating sprays.

Key manufacturers constantly focus on high-end research and technological advancements to produce improved fire protection materials that can withstand fire for a longer duration and produce less smoke when burnt.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/fire-protection-materials-market 

Further key findings from the report suggest:
  • By type, putty is expected to be the fastest-growing segment, in terms of revenue, exhibiting a CAGR of 9.3% from 2017 to 2025. Sealants, on the other hand, formed the largest segment in terms of revenue in 2016 owing to its growing usage as a primary fire protection material in steel infrastructure
  • Commercial construction is projected to emerge as the largest as well the fastest growing application segment on account rising fire safety regulations and strict building codes for offices, shopping centers, malls, hospitals, schools, colleges, universities, and hotels
  • Asia Pacific is expected to be the fastest growing region with an estimated CAGR of 10.4% from 2017 to 2025. Rising manufacturing industries with support from the government in the form of incentives and subsidies and rapidly growing population have fostered market growth
  • Implementation of strict fire safety regulations, coupled with high disposable income and awareness among public toward fire safety, has made North America the largest consumer of fire protection materials for construction
  • Parameters such as stability of a structure in case it is exposed to fire are taken into consideration while developing new products.

Grand View Research has segmented the global fire protection materials market for construction on the basis of type, application, and region:

Fire Protection Materials for Construction Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Sealants
  • Mortar
  • Spray
  • Sheets/Boards
  • Putty
  • Others
Fire Protection Materials for Construction Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Residential
  • Commercial
  • Industrial
Fire Protection Materials for Construction Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Middle East & Africa
    • UAE
  • Central & South America

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

Marine Propulsion Engines Market Is Likely to Reach USD 10.95 Billion by 2020 | Key Industry Players Rolls-Royce, Wärtsilä, Caterpillar Inc.

San Francisco, 26 September 2018 - 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.
 
Global marine propulsion engines market by product (USD Million), 2012 - 2020


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.

To request a sample copy or view summary of this report, click the link below: 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.

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
  • MEA
  • Asia Pacific
  • ROW

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

Unified Communications Market Worth $143.49 Billion By 2024 | Key Industry participants Cisco Systems Inc., Microsoft Corporation

San Francisco, 26 September 2018 - According to a report available on Grand View Research, Inc.; the unified communications market is likely to show substantial growth by 2024.

Factors such as technological innovations, growing need to improve interoperability and operational efficiency in the organizations, growing demand for cloud solutions, and rising need for real-time and efficient communication systems can people the market during the forecast period (2018 to 2024). In addition, rising need for mobility, and high adoption of smart devices can create several opportunities in the market.

Browse In-depth Insights On Unified Communications Market: 




Growing demand for cloud solutions is expected to drive the market in the coming years. Increasing trend of bring your own devices (BYOD) is likely to continue the adoption of cloud-based UC solutions in the coming years. Organizations are increasingly substituting on-premises communications and collaboration system with SaaS-based UC software. Cloud-based systems are easy to maintain and offer quick and unified communication capabilities at affordable costs. 

Moreover, technological advancements and growing deployment of artificial intelligence (AI) assistance can have positive impact on the market. Several businesses are familiar with UC as well as Voice over Internet Protocol (VoIP) concepts due to incorporation of traditional IT and telecom capabilities coupled with development of convergence. This is also expected to support the market growth. Growing implementation of as-a-service model across the enterprises is considered as the major drivers for the market. This model provides flexibility to enterprises for addition or removing users, reduces the risk of technology obsolescence, which has been observed in on-premises solutions. In addition, it can be beneficial for internal collaboration with mobile workers and outward collaboration with partners, clients, and suppliers. For instance, NorthState Technology Solutions, cloud and IT solutions provider has recently launched hosted Unified Communications as a Service (UCaaS) solution. This is intended to allow organizations to improve universal collaboration as part of digitization strategy.  The UCaaS solution allows business to adopt new techniques to collaborate from any location and any time. It includes may features such as completely integrated call control and voicemail, numerous subscription phone facilities including conferencing and video endpoints, wireless, and integrated voice over IP trunking services.

However, several issues regarding implementation of UC is likely to restrict the market growth over the forecast period.

Worldwide unified communications market can be segmented on the basis of region.
Geographically, the market can be divided into North America, Europe, Asia Pacific, and The Middle East and Africa.

North America has been dominating the market due to existence of large enterprises, availability of established infrastructure along with high-speed broadband networking, and rising number of hosted servers. The U.S has been major contributor in the region. Growing enterprise expensed on latest technology including data analytics, cloud-based PBX, and cloud-based contact centers is expected to boost the market in the region.

Asia Pacific is expected to the fastest growing region due to growing mobilization trend across the enterprises. Existence of large customer base and increasing investments to improve high-speed data networks in the region is expected to increase demand for UC systems in the coming years.
Key players operating in the market include Plantronics Inc.; IBM Corporation; ShoreTel Inc.; Verizon Communications Inc.; and Cisco Systems Inc.

The market comprises large number of local and international vendors. Established companies with their proven capabilities are expected to be the first choice for the enterprise owing to their ability to provide to standardized communication necessities.

Browse More Reports Of Same Industry: www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the global unified communications market on the basis of product, application, and region: 

Unified Communications Product Outlook (Revenue, USD Billion, 2012 - 2024)
  • On-premise
  • Cloud-Based/Hosted
Unified Communications Application Outlook (Revenue, USD Billion, 2012 - 2024)
  • Enterprises
  • Education
  • Government
  • Healthcare
  • Others
Unified Communications Regional Outlook (Revenue, USD Billion, 2012 - 2024)
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa (MEA)

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

mHealth Apps Market Is Projected To Reach $236.0 Billion By 2026

The global  mHealth apps market  size is expected to reach USD 236.0 billion by 2026, according to a new report by Grand View Research, In...