Press Room

North America Self-contained Breathing Apparatus Market Worth $962.2 Million By 2025

The North America self-contained breathing apparatus market size is expected to reach USD 962.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 8.1% over the forecast period. Increasing incidence of occupational injuries, coupled with growing requirement of high-utility protective equipment, is anticipated to spur demand for self-contained breathing apparatus (SCBA) over the coming years. Strict safety legislations pertaining to asbestos mining, complemented by...Read More »

December 2019

Cleaning Robot Market Size Worth $6.2 Billion By 2025 | CAGR: 14.6%

The global cleaning robot market size is expected to reach USD 6.2 billion by 2025, registering a revenue-based CAGR of 14.6% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The rising penetration of technologies such as Artificial Intelligence (AI), and Virtual Reality (VR) is a major factor driving the market growth. In addition, the higher costs of mopping labors in emerging countries is boosting the demand for robotic vacuums. Proliferation of robotics technology for mopping purpose and technological advancements such as gesture controlled and voice based technology are likely to...Read More »

December 2019

Natural Gas Generator Market Size Worth $10.87 Billion By 2025

The global natural gas generator market size is projected to reach USD 10.87 Billion by 2025, registering a CAGR of 10.7% over the forecast period, according to a new report by Grand View Research, Inc. growing demand for back-up power coupled with increasing government regulation to reduce the carbon emission caused by diesel generator is likely to strengthen the growth for the natural gas genset market during the forecast period. The global electricity demand is anticipated to witness an increase of nearly two-thirds the current demand over the forecast period. The current...Read More »

December 2019

LiDAR Services Market Size Worth $2.6 Billion By 2025 | CAGR: 14.5%

The global LiDAR services market size is expected to reach USD 2.6 billion by 2025, registering a CAGR of 14.5% from 2019 to 2025, according to a new study by Grand View Research, Inc. LiDAR services find prominent applications in the automotive industry. Further, favorable government policies regarding self-driven vehicles and advanced driver-assistance systems (ADAS) are fueling market growth. The use of LiDAR services in autonomous vehicles is one of the major factors driving the market. Furthermore, increasing automobile production...Read More »

December 2019

Automotive Air Filters Market Worth $5.4 Billion By 2025 | CAGR: 4.8%

The global automotive air filters market size is expected to reach USD 5.4 billion by 2025, expanding at a CAGR of 4.8%, according to a new report by Grand View Research, Inc. Stringent government regulations related to automotive emissions, coupled with rising fuel-efficient vehicles, are likely to propel market growth. Increasing global environmental pollution, coupled with stringent environmental regulations implemented by governments and NGOs, is expected to drive the overall market over the forecast period. In addition, initiatives undertaken by associations such as Car...Read More »

December 2019

Europe & Americas Fire Protection Market Worth $41.9 Billion By 2025

The Europe and Americas fire protection market size is expected to reach USD 41.9 billion by 2025, registering a CAGR of 5.9%, according to a new report by Grand View Research, Inc. Rapid technological advancements in the oil and gas industry, coupled with favorable government regulations regarding fire protection is anticipated to drive the growth. Fire protection forms an integral part of structural steel safety in various industries, including oil and gas and chemical, wherein the risk associated with fire accidents is high. The integration of surveillance and...Read More »

December 2019

Drinking Water Adsorbents Market Size Worth $603.9 Million By 2025

The global drinking water adsorbents market size is expected to reach USD 603.9 million by 2025, registering a CAGR of 4.0% over the forecast period, according to a new report published by Grand View Research, Inc. Increasing demand for activated carbon for filtration of drinking water, owing to its advanced properties and low cost is predicted boost the product demand. Rising focus on the use of natural raw materials, such as coconut shell, wood, plant waste for production of activated carbon in order to develop environmentally sustainable product is anticipated to...Read More »

December 2019

3D Printing Materials Market Worth $3.8 Billion By 2025 | CAGR: 23.9%

The global 3D printing materials market size is expected to reach USD 3.8 billion by 2025, growing at a CAGR of 23.9%, according to a new report by Grand View Research, Inc. Extensive R&D and technological advancements in 3D printing technologies is expected to fuel the market growth over the forecast period. Expansion of various industries including automotive, aerospace and defense, medical, and others across the globe is projected to benefit the market growth. In addition, rising demand for 3D printing materials such as photopolymers, metals, thermoplastics, and...Read More »

December 2019

Cosmetics & Personal Care Packaging Equipment Market Worth $5.6 Billion By 2025

The global cosmetics and personal care packaging equipment market size is anticipated to reach USD 5.6 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to exhibit a CAGR of 5.4% over the forecast period. The growth is backed by the rising consumer preference for healthier and personalized products along with the rising investments in developing novel and innovative packaging technologies. Stringent government regulations on reducing plastic use, ban on single use plastics, and increasing recycling targets has surged...Read More »

December 2019

Hybrid Imaging Market Size Worth $9.8 Billion By 2026 | CAGR: 4.5%

The global hybrid imaging market size is expected to reach USD 9.8 billionby 2026, according to a new report by Grand View Research, Inc., registering a 4.5% CAGR over the forecast period. Increasing demand for accurate diagnostic techniques for cancer and cardiac disorders is expected to drive the market. Rising government initiatives for creating awareness regarding multimodal imaging devices are also expected to contribute toward market growth. Increasing installation of such devices in research centers and institutions to enhance...Read More »

December 2019

Syringes Market Size Worth $25.7 Billion By 2026 | CAGR: 8.5%

The global syringes market size is expected to reach USD 25.7 billion by 2026, expanding at a CAGR of 8.5%, according to a new report by Grand View Research, Inc. The rising prevalence of chronic diseases, increasing number of surgical procedures, growing adoption of injectable drugs, favorable initiatives taken by government organizations, and increasing geriatric population across the globe are the key driving factors for the market. Chronic inflammatory diseases such as Crohn’s disease and rheumatoid arthritis can be treated through self-administration of drugs. For instance, as...Read More »

December 2019

Wound Irrigation System Market Size Worth $351.81 Million By 2026

The global wound irrigation system market size is expected to reach USD 351.81 million by 2026, exhibiting a CAGR of 3.6% during the forecast period, according to a new report published by Grand View Research, Inc. Rising prevalence of chronic wounds, increasing number of surgical procedures, technological advancements, favorable initiatives taken by private and public sectors, and increasing cases of burns across the globe are the key driving factors for the market. Wound irrigation systems allow rapid healing of deep wounds and...Read More »

December 2019

Cranial Clamps Market Size Worth $319.30 Million By 2026 | CAGR 4.7 %

The global cranial clamps market is anticipated to reach USD 319.30 million by 2026, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. increasing incidence of road accidents along with the prevalence of brain tumors and Traumatic Brain Injuries (TBIs) is anticipated to boost the market growth. As per the National Health Portal, India, the incidence of central nervous system (CNS) tumors is 5 to 10 per 100,000 population. According to the Centers for Disease Prevention and Control (CDC), in 2014, about 2.87 million TBI...Read More »

December 2019

Cannabidiol Market Size Worth $9.69 Billion By 2025 | CAGR: 32.6%

The global cannabidiol market size is expected to reach USD 23.6 billion, expanding at a CAGR of 22.2%, according to a new study by Grand View Research, Inc. Increasing adoption of cannabidiol (CBD) infused products in various industries such as pharmaceuticals, personal care and cosmetics, and nutraceuticals along with its medical applications is expected to drive the market over the forecast period. The marijuana-derived CBD segment dominated the market in 2018, with a revenue of USD 3.9 billion, owing to the growing legalization of...Read More »

December 2019

Predictive Analytics Market Worth $23.9 Billion By 2025 | CAGR: 23.2%

The global predictive analytics market size is expected to be valued at USD 23.9 billion by 2025, registering a CAGR of 23.2% over the forecast period, according to a study conducted by Grand View Research, Inc. Massive data dependence and adoption of advanced technologies such as AI, machine learning, and big data is expected to drive the demand for predictive analytics solutions over the forecast period. These solutions transform collected data into insights; for instance, they detect patterns to determine a suitable course of action. They have also been instrumental in the development of search advertising and...Read More »

December 2019

Product Design & Development Services Market Worth $17.1 Billion By 2026

The global product design and development services market size is expected to reach USD 17.1 billion by the end of 2026, exhibiting a CAGR of 10.9% over the forecast period, according to a new report published by Grand View Research, Inc. Low product cost, short time-to-market, and demand for advanced technologies are some of the factors boosting the growth. Medical and life sciences companies face extreme cost pressures to develop new innovative products in shorter time frames while complying with stringent regulatory requirements of medical device. The...Read More »

December 2019

All-terrain Vehicle Market Size Worth $4.8 Billion By 2025 | CAGR: 3.1%

The global all-terrain vehicle market size is expected to reach USD 4.8 billion by 2025, registering a CAGR of 3.1% over the forecast period, according to a new report by Grand View Research, Inc. The development of recreational parks, off-road terrains, and trails is anticipated to boost the market demand for all-terrain vehicles (ATV). Moreover, governments’ efforts to enhance tourism and create a positive impact on local communities have proven to be beneficial for the sales of ATVs. For instance, the U.S. Forest Service launched the Travel Management & Off-Highway Vehicle (OHV) Program, intended to...Read More »

December 2019

Styrenic Block Copolymer Market Size Worth $10.88 Billion By 2025

The global styrenic block copolymer market size is anticipated to reach USD 10.88 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to register a CAGR of 6.76% over the forecast period. Developments in the manufacturing and construction sector are projected to impact the demand positively. Styrenic block copolymer (SBC) is commonly used for manufacturing sealants, hot-melt adhesives, gasket materials, toy products, rubber bands, shoe soles, and also used in bitumen products for roofing and road paving. ...Read More »

December 2019

Porous Ceramics Market Worth $12.4 Billion By 2025 | CAGR: 11.4%

The global porous ceramics market size is expected to reach USD 12.4 billion by 2025, growing at a CAGR of 11.4%, according to a new report by Grand View Research, Inc. Expansion of the medical industry across the globe coupled with the use of advanced devices and tools is projected to propel the market growth. Factors such as toughness and strength of the porous ceramics is projected to augment its demand in various medical applications such as acetabular cups and femoral heads for hip replacement, dental implants and restorations, bone fillers, and scaffolds for tissue...Read More »

December 2019

Digital Mining Market Size Worth $20.0 Billion By 2025 | CAGR: 13.2%

The global digital mining market size is expected to reach USD 20.0 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Growing adoption of automation platforms in mining exploration activities is projected to remain a key factor over the forecast period. The mining sector is witnessing a prominent growth owing to the increased penetration of digitization for activities including mineral exploration to downstream sales. Moreover, it assists in safety and health and reduces the environmental impact in the...Read More »

December 2019