Latest Market Research Updates

Third Party Logistics Market Is Projected To Beat $1.2 Trillion By 2025

San Francisco, 28 Aug 2019 - The global third party logistics market size is expected to reach USD 1.2 trillion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.5% over the forecast period. Logistics plays a vital role in most of businesses; a reliable and robust logistics service is a primary requirement for the development of any business. A strong logistical infrastructure handled by 3PL providers helps the outsourcer focus on its core business. Globalization has enabled companies to set up a global business network that necessitates complex transportation services. This, in turn, is expected to drive demand for outsourced logistics services over the coming years.

Technology has been transforming 3PL services and demand within the supply chain for digitalization, automation, and data collection capabilities has been increasing. Thus, 3PL providers are laying greater emphasis on technologically-driven services by investing in IT solutions, blockchain solutions, cloud-based solutions, mobile technologies, and proprietary innovations to adopt a leading-edge approach.

E-commerce has transformed the traditional retail sector where logistics plays an important role. In some instances when a product is returned, the company needs to manage the reverse logistics process; 3PL providers are leveraging this opportunity by providing flexible and specialized services. These advanced services can allow end users or the shipper to track the movement of goods or products.

There is intense competition among 3PL providers. New competitors are entering the 3PL market with customized and industry-specific services. To remain competitive in the market, leading companies are strategically involved in collaborations with and acquisitions of small- and mid-sized companies.

Explore Complete Report: https://www.grandviewresearch.com/industry-analysis/third-party-logistics-market

Further key findings from the report suggest:

The value-added services segment is expected to exhibit the highest CAGR over the forecast period, owing to demand for agile supply chain networks across multiple industries
Need for complex logistics and warehouse operations is boosting demand for 3PL solutions in the retail sector
Globalization and sustainable economic growth in several countries are driving international trade, thereby driving the airways segment to witness high growth over the forecast period
Asia Pacific is anticipated to register a CAGR of over 8.5% over the forecast period, which can be attributed to the fact that the region leads the global 3PL market in terms of B2C e-commerce sales
FedEx; DHL International GmbH; C.H. Robinson Worldwide Inc.; KUEHNE + NAGEL; and UPS, Inc. are some of the prominent 3PL providers in the 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.

Contact:Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.comFor More Information: www.grandviewresearch.com

Smart Agriculture Market Is Predicted To Reach $18.21 Billion By 2025

San Francisco, 28 Aug 2019 - The global smart agriculture/farming market is anticipated to reach USD 18.21 billion by 2025, according to a new report by Grand View Research, Inc. Factors such as consistent growth in population, low availability of cultivable land, government incentives, and demand for fresh and high-quality food are expected to drive the smart greenhouse market. According to World Health Organization (WHO) and Population Council, 80% of the global population resides in urban cities. The prevailing scarcity of land in urban cities has urged growers to adopt new solutions for developing fresh produces. For instance, the vertical farming technique enables consumers to grow crops indoor in layers, in a multi-story building, stacked on racks, or in a warehouse.

The growing population is expected to result in an increased food demand by 2050. Farmers are likely to witness immense pressure in increasing crop production either by making more land available to grow crops or adopting newer techniques, such as smart agriculture and vertical farming. Traditional farming techniques witness several barriers such as climate change, high labor cost. These disadvantages can be overcome with the use of technologies such as LED indoor farming, which creates a nature-like condition to help farmers meet the swelling food demand. Additionally, the changing preference of consumers toward healthier and fresh foods is expected to drive market growth over the forecast period.

Agri M2M offers significant opportunities to mobile operators owing to its potential to generate additional revenue through value-added services. For instance, bundling M2M services with a voice or data offering for rural enterprise customers is likely to enhance the application of M2M.

Agri VAS has been developed to overcome the information gap faced by farmers in emerging markets such as China and India. Additionally, it also helps in connecting the cultivators with other key players in the agriculture supply chain. Agriculture Value Added Services (VAS) have increased over the past few years owing to their rising awareness among VAS providers, mobile operators, and farmers. A few types of M2M connectivity include cellular M2M, satellite & fixed network, power line, and short range connections such as Wi-Fi, Ethernet, and ZigBee.

Explore Complete Report: http://www.grandviewresearch.com/industry-analysis/smart-agriculture-farming-market

Further key findings from the report suggest:

The growing trend of producing bio-pharmaceutical products under a controlled environment is expected to drive the smart greenhouse market demand over the projected period.
The software segment is expected to portray the highest growth rate, registering a CAGR of 16.7% over the forecast period.
The LED grow light segment is anticipated to witness a considerable growth rate over the forecast period.
The indoor farming technique makes use of LED to create natural surroundings for growing vegetables and herbs.
The advent of modern agriculture technology along with the flexible pricing of connected devices is likely to influence the South American regional market demand.
Various organizations are investing heavily in R&D to offer efficient and low-cost solutions to consumers.
Key players in the smart farming market includeCropMetrics LLC (U.S.), Drone Deploy (U.S.), DeLaval International AB (Sweden), DICKEY-john Corporation (U.S.), and Farmers Edge, Inc. (Canada), among others.

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Insulation Market Size Worth $76.93 Billion By 2025 | Top Company Profile & Growth Strategies

San Francisco, 28 Aug 2019 - The global insulation market size is expected to reach USD 76.93 billion by 2025, as per a new report by Grand View Research Inc. It is anticipated to expand at a CAGR of 5.7% during the forecast period. Rapid urbanization, population growth and industrialization in developing countries is estimated to boost the growth.

Moreover, government initiatives to promote energy efficiency and sustainable development through insulation technologies are estimated to fuel growth of the global insulation market. Initiatives through the Weatherization Assistance Program (WAP) by the U.S. government through federal funding to encourage the use of thermal insulation in low-income households are likely to drive the market growth in North America.

Strict insulation codes and laws effectuated by the European regulatory authorities have contributed to the rising awareness regarding rising energy costs and the need for energy efficiency. The market for industrial insulation is estimated to exhibit high growth owing to the growing thermal energy production which calls for the extensive need of insulation to maximize efficiency.

Additionally, the U.S. industrial insulation market is expected to benefit from recovering nonresidential building construction expenditures, particularly in the office and commercial segments. Rising awareness regarding environmentally friendly construction practices is expected to propel insulation use with an aim to reduce energy consumption.

Explore Complete Report: https://www.grandviewresearch.com/industry-analysis/insulation-market

Further key findings from the report suggest:

EPS insulation emerged as the largest product segment with a market share of 26.69% in 2018 and is estimated to continue its dominance over the forecast period owing to its lightweight and high-tensile plastic foam insulation property
Glass wool was the second largest product sector and is expected to expand at a CAGR of 5.5% over the forecast period owing to its thermal and acoustic insulation properties such as high tensile strength
Infrastructure sector accounted for the largest market share in 2018 and is estimated to expand at a CAGR of 5.9 % over the forecast period owing to increasing number of insulation-intensive buildings in urban areas in comparison to rural ones
Transportation sector, comprises automotive, marine, and aerospace, emerged as a significant application segment in the global insulation market in 2018 as automakers are constantly looking to enhance the safety and comfort vehicles
Huntsman International LLC is a publicly traded global manufacturer and marketer of differentiated chemicals, serving various end markets including footwear, clothing, fuels and energy, construction, home life, and transportation

About Grand View Research

Brushless DC Motor Market Is Poised To Reach $23.82 Billion By 2025

San Francisco, 28 Aug 2019 - The global brushless dc motor market size is expected to reach USD 23.82 billion by 2025, registering a CAGR of 6.5% over the forecast period, according to a study conducted by Grand View Research, Inc. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks. Low maintenance and operational costs and rising adoption of Electric Vehicles (EVs) are some of the key factors driving the market. The emergence of sensor-less controls for brushless DC type is likely to help enhance the product durability and reliability, thereby reducing the number of mechanical misalignment, electrical connections, as well as the product weight and size. These factors are estimated to drive the market further over the forecast period. Furthermore, growing production of vehicles due to escalating demand across the globe is anticipated to have a positive impact on the industry development.

Brushless DC motors are used in motor vehicle applications, such as in sunroof systems, motorized seats, and adjustable mirrors. These motors are also being used for performance applications in vehicles, such as chassis fittings, power-train systems, and safety fittings, owing to simple structure, less maintenance requirements, and extended operational life. Thus, widespread usage of these motors by automobile industry is anticipated to fuel the market growth over the years to come. The product is also used in EVs in mechatronic systems, primarily in batteries for accumulators and power electronic converters, owing to its advantages including high operating speed, compact size, and quick response time. Production of EVs is also on rise globally supported by the government initiatives encouraging the use of non-conventional fuels to reduce the adverse impacts of carbon emissions. These factors are also estimated to contribute to the industry growth.

Explore Complete Report: https://www.grandviewresearch.com/industry-analysis/brushless-dc-motors-market

Further key findings from the study suggest:

The brushless DC motor market is expected to witness a steady growth over the coming years on account of the benefits offered by the product including better durability and less maintenance
0 - 750 Watt brushless DC motors is expected to witness rapid growth from 2019 to 2025 on account of their widespread usage in automobile and household devices applications
Increased production of automobiles and EVs across the globe is anticipated to positively impact the market growth over the forecast period
Industrial machinery segment held more than 20% of the market in 2018. Numerous industrial machines deploy brushless DC motors due to their high efficiency and low maintenance costs and power consumption
Asia Pacific is expected to emerge as the fastest-growing regional market with a CAGR of 7.9% over the forecast period
Rapid industrialization in developing economies of APAC, such as China and India, has fueled the adoption of brushless DC motors
Some of the key companies in the market are ABB Ltd.; Ametek, Inc.; Johnson Electric Pvt. Ltd.; and Nidec Motor Corp. Numerous companies are focusing on developing low-maintenance and eco-friendly products in order to gain a competitive edge

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com
For More Information: www.grandviewresearch.com

Automated Test Equipment Market Is Poised To Reach $5.8 Billion By 2025

San Francisco, 28 Aug 2019 - The global automated test equipment market size is estimated to reach USD 5.8 billion by 2025, expanding at a CAGR of 2.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing adoption of system-on chip and high demand for consumer electronics are the key drivers in the market. Growing electronic content in the automotive sector and penetration of smartphones are expected to drive the ATE market over the forecast period. Furthermore, adoption of automated test equipment in the manufacturing industry is again fueling the market demand as the test equipment saves the manufacturing cost and helps in eliminating the defective devices.

Miniaturization of devices has spurred ATE demand across various semiconductor manufacturing companies. Additionally, considerable technological advancements, coupled with design complexity and need for adequate testing, are expected to impact the industry growth positively. Developments in the manufacturing processes of semiconductors and expansion of wireless networks in developing nations are expected to benefit the market expansion over the coming years.

Growth of the market is primarily driven by semiconductor manufacturing companies, which focus on cost-effective testing. Semiconductor manufacturing companies no longer consider fabrication costs as a factor for profit margin in the manufacturing of semiconductor chips. Semiconductor companies focus on improving their fabrication technology and look for efficient ways of testing to reduce losses due to damages. Development of smartphones, tablets, and system-on-chip (SoC) based products is creating demand for greater functionality in ATE. As connected devices get smaller, more powerful, and multifaceted, they face design, application, and fabrication challenges, which increase the demand for ATE.

Increasing design complexities, along with major technological inventions, such as advanced design-for-test and adaptive testing, are some of the key drivers in the market. Moreover, recent innovations in IoT devices and autonomous vehicles and significant changes in the defense and aerospace sector have drastically changed the dynamics of the market.

Non-memory ATE is expected to gain a significant market share in the product segment over the forecast period owing to increasing number of microcontroller-based applications and surging demand from the automotive sector. Revenue of ATE from the IT and telecommunications sector is projected to witness significant growth, which is likely to boost the market demand over the forecast period. Asia Pacific accounted for a significant market share in 2018 and is expected to grow over the forecast period owing to rising number of semiconductor industries in the region. Key industry players include Aemulus Holdings Bhd (“Aemulus”); Chroma ATE Inc.; and Teradyne Inc.

Explore Complete Report https://www.grandviewresearch.com/industry-analysis/automated-test-equipment-market

Further key findings from the study suggest:

The market growth is driven by significant use of the test equipment in the automotive and semiconductor industry
On the basis of product, non-memory ATE held the largest market share in 2018 and is estimated to grow at over the forecast period owing to expansion of consumer electronics and increasingnumber of microcontroller-based applications
Based on vertical, the IT and Telecommunication sector is estimated to grow over the forecast period owing to the increased focus on effective communication
The automotive segment is expected to witness considerable growth over the forecast period owing to increasing integration of the electronic devices in the automobile industry
The industry in North America is estimated to witness substantial growth over the forecast period owing to high investment by the government on the defense or aerospace industry and inventions in the field of technology
Key players in the market include Aemulus Holdings Bhd (“Aemulus”); Chroma ATE Inc.; Aeroflex Inc. (a subsidiary of Cobham plc); Astronics Corporation; Advantest Corporation; LTX-Credence Corporation (Xcerra Corporation); Teradyne Inc.; STAr Technologies Inc. (a subsidiary of Innotech Corporation); Tesec Corporation; Roos Instruments, Inc.; Marvin Test Solutions Inc.; and Danaher Corporation
Teradyne Inc.; LTX-Credence Corporation (Xcerra Corporation); and Advantest Corporation dominated majority of the market share.

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Enterprise Search Market Expected To Generate $8.90 Billion By 2024

San Francisco, 27 Aug 2019 - The global enterprise search market is expected to reach USD 8.90 billion by 2024, according to a new study by Grand View Research, Inc. The increasing demand for solutions offering time-saving data search capabilities is expected to be a key factor driving the market growth over the next eight years. The growing need to efficiently supervise large volumes of data in an organization in order to improve the operational efficiency is propelling the adoption of enterprise search solutions. These solutions offer an enhanced security layer, allowing access to information only for the authorized personnel. This is also promoting the market growth over the forecast period. The increasing demand for several value-added services, along with the search capabilities, is encouraging the adoption of enterprise search solutions in the organization with large changes in operational practices.

Technological advancements and the emergence of cloud computing and Software as a Service (SaaS) are driving the adoption of hosted enterprise search solutions in the small and medium enterprises. Added benefits offered by these solutions, including low maintenance and reduced installation cost, along with minimum technical support, are positively impacting the market growth. The trend is likely to continue in the near future as well. However, the availability of the open source free enterprise search solution may pose a challenge to companies operating in the market.

Google, Inc. (Google Search Appliance), HP Autonomy (Verity), SharePoint Search (Acquired by Microsoft), and IBM corporation are the leading players dominating the market. However, Microsoft Corporation has recently stopped the commercialization of standalone products, namely ‘Fast’ and ‘Transfer’. The large numbers of enterprises are using enterprise search platforms ‘Fast’ and ‘Transfer’ in the current scenario.

Find Out In-depth Insight Report: http://www.grandviewresearch.com/industry-analysis/enterprise-search-market

Further key findings from the study suggest:

Banking and financial services are expected to be a high-growth segment; in 2015, it accounted for over 33% of the enterprise search market. Data sharing and interconnectivity are expected to be the key factors driving growth across this segment
The large enterprises end-use segment is expected to dominate the market over the next eight years.This can be credited to the increasing need to search for accurate data across a vast database extracted from different sources. The pay-per-use model offered by the cloud (SaaS) enterprise search solutions providers is expected to have a wide adoption across the small and medium enterprises at a rate higher than the global average over the forecast period
North America emerged as a market leader in terms of market revenue and accounted for over 35% of the global enterprise search market in 2015. Technological advancements along with the presence of the key market players have contributed to the regional market growth
The key industry participants include HP Autonomy, Google Inc., SharePoint Search (Acquired by Microsoft), and IBM Corp. Strategic collaborations, in order to provide mass market solutions while serving the niche markets, remain a strategic initiative that is followed by the leading players

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com
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Team Collaboration Software Market Is Poised To Reach $16.60 Billion By 2025

San Francisco, 27 Aug 2019 - The global team collaboration software market size is poised to reach USD 16.60 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 9.5% during the forecast period. Surging demand for communication and conferencing solutions among enterprises is likely to drive the market.

Increasing need for digitization and visual data sharing is anticipated to stir up the demand for communication and conferencing solutions. Declining cost of video conferencing solutions is encouraging its large-scale deployment across organizations, which earlier was not possible due to high cost of installation. Moreover, integration of web conferencing with other communication tools to develop additional applications into collaborative workspaces is projected to augment the market over the next few years.

Application Program Interfaces (APIs) have enabled organizations to bridge together multiple platforms, providing an omnichannel experience to customers. APIs allow users to work efficiently from remote locations, as they integrate both cloud and on-premise applications, creating a seamless communication between systems and employees.

Organizations are increasingly deploying voice-based virtual team members to assist employees in daily meetings and reporting as part of their efforts to ensure a comfortable workspace for employees. Artificial intelligence is also being used to develop innovative team collaboration software. Augmented Reality (AR) and Virtual Reality (VR) are also being increasingly utilized for the development of team collaboration software.

Enterprises have started realizing the importance of using AI bots and Smart Virtual Personal Assistants (SVPAs) in automating various tasks and improving workplace collaboration. This, in turn, is working in favor of the market. Organizations are already using bots for collaboration purposes, such as taking notes and scheduling meetings.

Find Out In-depth Insight Report: https://www.grandviewresearch.com/industry-analysis/team-collaboration-software-market

Further key findings from the report suggest:

Cloud-based software is expected to witness substantial growth over the forecast period as it reduces the infrastructure cost and offers a centralized management system
The conferencing software segment is expected to post a significant CAGR over the forecast period. Growing deployment of conferencing solutions, such as Cisco Webex Meetings, Cisco Jabber, and Adobe Connect, is expected to supplement segment growth
The healthcare segment is projected to register the highest CAGR during the forecast period. The growth can be attributed to increasing need for patient engagement and sharing real-time information with them
Key market players include Microsoft Corporation, Cisco Systems, Inc., Citrix Systems, Inc., and Oracle Corporation. Integrating software, hardware, and network capabilities together is the growth strategy adopted by the key players to stay ahead in the market.

About Grand View Research

Contact:Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.comFor More Information: www.grandviewresearch.com

Latest Market Research Updates

Third Party Logistics Market Is Projected To Beat $1.2 Trillion By 2025

Smart Agriculture Market Is Predicted To Reach $18.21 Billion By 2025

Insulation Market Size Worth $76.93 Billion By 2025 | Top Company Profile & Growth Strategies

Brushless DC Motor Market Is Poised To Reach $23.82 Billion By 2025

Automated Test Equipment Market Is Poised To Reach $5.8 Billion By 2025

Enterprise Search Market Expected To Generate $8.90 Billion By 2024

Team Collaboration Software Market Is Poised To Reach $16.60 Billion By 2025

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

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