Press Room

Surgical Robot Market Size Worth $8.24 Billion By 2025 | CAGR: 22.3%

The global surgical robots market is expected to reach USD 8.24 billion by 2025, growing at a CAGR of 22.3%over the forecast period, according to a new report by Grand View Research, Inc. Increasing adoption of minimally invasive surgeries among patients owing to its added benefits such as need for shorter hospital stays by patients, compared to traditional surgery, introduction of flexible and cost-effective surgical robots by new manufacturers and increasing approvals for new medical conditions are some factors responsible for driving the surgical robots market. In addition,...Read More »

December 2019

Public Safety And Security Market Size Worth $812.6 Billion By 2025

The global public safety and security market size is expected to reach USD 812.6 billion by 2025, expanding at a CAGR of 14.8% from 2019 to 2025, according to a new report by Grand View Research, Inc. The rapid modernization of public safety regulations and policies across the globe is anticipated to drive the market growth over the forecast period. These solutions have provided users with effective measures to ensure the safety of organizations, individuals, and critical infrastructure against multiple threats such as illegal immigration, terrorist attacks, and illegal...Read More »

December 2019

Europe, MEA, & CIS ECMO Machine Market Worth $122.14 Million By 2026

The Europe, MEA, and CIS extracorporeal membrane oxygenation (ECMO) machine market size is anticipated to reach USD 122.14 million by 2026, according to a new report by Grand View Research, Inc. It is expected to exhibit a CAGR of 4.5% over the forecast period. Key factors contributing to the growth include increasing prevalence of respiratory failure and cardiopulmonary diseases and growing awareness regarding the benefits associated with the usage of ECMO machine. Moreover, rise in the number of patients...Read More »

December 2019

Anime Market Size Worth $36.26 Billion By 2025 | CAGR: 8.8%

The global anime market size is expected to reach USD 36.26 billion by 2025, registering a CAGR of 8.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Growing popularity and sales of Japanese anime content across the globe apart from Japan is driving the growth. Currently, Japanese anime industry is highly dependent on the overseas sales of its anime content for higher revenue generation. Moreover, internet distribution coupled with application games are holding larger part of overseas sales in Japanese anime market. ...Read More »

December 2019

Insurance Telematics Market Worth $6.2 Billion By 2025 | CAGR: 22.7%

The global insurance telematics market size is expected to reach USD 6.2 billion by 2025, registering a CAGR of 22.7% from 2019 to 2025, according to a new report by Grand View Research, Inc. Insurance telematics provide accurate data about driver behavior and vehicle operations, which provides visibility and actionable data for claim processes. Additionally, the device helps in minimizing fraudulent claims and minimizes losses in this area. These factors are expected to boost the growth of the market over the forecast period. In addition, decline in the cost of...Read More »

December 2019

AI in Construction Market Size Worth $3.3 Billion By 2025 | CAGR: 34%

The global artificial intelligence (AI) in construction market size is expected to reach USD 3.3 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a CAGR of 34.0% from 2019 to 2025. Artificial intelligence in building solutions is being adopted rapidly due to the increasing need for risk management and deployment of more safety measures at the job site. Specialized artificial intelligence solutions are trained on architecture images, which helps in predictive maintenance. These artificial...Read More »

December 2019

ORC Market Size Worth $954.1 Million By 2025 | CAGR: 9.71%

The global organic rankine cycle market size is expected to reach USD 954.1 million by 2025, expanding at a CAGR of 9.71% over the forecast period, according to a new report by Grand View Research, Inc. Rise in climate change issues have resulted government to switch to greener and cleaner technologies for power generation. Further, increase in awareness on energy efficiency in industrial sector is expected to drive the organic rankine cycle (ORC) further. Supporting policies and financial measures are being implemented around the world which has resulted to enhance the pace...Read More »

December 2019

Hermetic Packaging Market Worth $5.02 Billion By 2025 | CAGR: 6.6%

The global hermetic packaging market size is projected to reach USD 5.02 billion by 2025, growing at a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Hermetic packaging market is expected to witness high penetration in military & defense applications over the forecast period. Growing defense expenditure and active research in military applications are anticipated to drive the demand for the product. Hermetic packaging is also likely to witness high penetration in aeronautics & space...Read More »

December 2019

Action Camera Market Size Worth $9.6 Billion By 2025 | CAGR: 16.7%

The global action camera market size is expected to reach USD 9.6 billion by 2025, expanding at a revenue-based CAGR of 16.7%, according to a new report by Grand View Research, Inc. A shift in consumer trends and demand for technologically advanced action cameras is likely to induce the market growth throughout the forecast period. 4K and above in parallel with high definition image resolution have made a huge difference to consumer perception about the camera industry in the recent years. For instance, display manufacturers are now focusing on providing adjustable contrast features for images with effective...Read More »

December 2019

In-flight Catering Services Market Size Worth $24.75 Billion By 2025

The global in-flight catering services market size is expected to reach USD 24.75 billion by 2025, exhibiting a CAGR of 5.7% between 2019 and 2025, according to a new report published by Grand View Research, Inc. The market is expected to be driven by the rising passenger traffic owing to increased business and leisure travel, coupled with rise in the number of low-fare airlines worldwide. Also, the provision of lightweight packaging solutions and contemporary menu designs help the airlines form a strong brand image, thereby supporting the growth. Increase in demand for...Read More »

December 2019

Pet Food Packaging Market Worth $16.50 Billion By 2025 | CAGR: 5.4%

The global pet food packaging market size is projected to reach USD 16.50 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Pet food packaging is becoming increasingly popular among pet food manufacturing companies focusing on capturing brand loyalty. The industry has evolved over the years with both international and domestic packaging suppliers looking to offer scientifically advanced and developed materials/ products to their clients. The upshot of offering packaging solutions, however, remains to protect the aroma,...Read More »

December 2019

Thermal Interface Materials Market Size Worth $3.33 Billion By 2025

The global thermal interface materials market size is expected to reach USD 3.33 billion by 2025, as per a new report by Grand View Research Inc., registering a CAGR of 10.8% over the forecast period. Rising demand of thermal interface materials (TIMs) in the automotive electronics on account of increasing vehicle production primarily in China, Indonesia, and Japan is likely to boost industry demand. Polyethylene is a material extensively used for the production of thermal interface materials on account of superior molding...Read More »

December 2019

Flexible Display Market Worth $39.19 Billion By 2025 | CAGR: 28.1%

The global flexible display market size is estimated to reach USD 39.19 billion by 2025, expanding at a CAGR of 28.1% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of portable electronic devices is the major factor driving the growth. Flexible displays are lightweight, energy-efficient, and shatter-proof, which, in turn is driving their adoption for smartphone manufacturing. Rising sales of consumer electronics, such as wearable devices, bendable TVs, and foldable laptops are expected...Read More »

December 2019

Liver Health Supplements Market Size Worth $948.61 Million By 2025

The global liver health supplements market size is expected to reach USD 948.61 million by 2025, exhibiting a CAGR of 4.32% over the forecast period, according to a new report published by Grand View Research, Inc. The changing lifestyle pattern has led to an increase in the consumption of fast food and alcohol, leading to the high prevalence of liver diseases including liver cancer and fatty liver disease. As per the Centers for Disease Control & Prevention (CDC), in U.S. liver disease was diagnosed in nearly 4.5 million adults in 2018. The rising prevalence of liver diseases has increased concerns about...Read More »

December 2019

Teleradiology Services Market Size Worth $25.9 Billion By 2025

The global teleradiology services market size is expected to reach USD 25.9 billion by 2025, registering a CAGR of 2.3% over the forecast period, according to a new report published by Grand View Research, Inc. Shortage of radiologists in several countries has increased the adoption of teleradiology services in recent years. According to the 2017 workforce report by the Royal College of Radiologists (RCR), U.K., the National Health Service (NHS) spent USD 150 Million for outsourcing patient radiology scans due to shortage of radiologists. Moreover, several factors, such as need for after working hour coverage,...Read More »

December 2019

Thermoform Packaging Market Size Worth USD 55.13 Billion By 2025

The global thermoform packaging market size is expected to reach USD 55.13 billion by 2025, growing at a CAGR of 4.7% over the forecast period. according to a new report by Grand View Research, Inc. Factors including increasing demand for electronics, pharmaceuticals, and personal care & cosmetics products, on account of growing penetration of retail sector and rising disposable income, have been driving the demand for thermoform packaging over the past few years. Increasing incorporation of novel packaging technologies such as modified atmosphere packaging by food...Read More »

December 2019

Distributed Fiber Optic Sensor Market Size Worth $1.87 Billion By 2025

The global distributed fiber optic sensor market size is anticipated to reach USD 1.87 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.8% from 2019 to 2025. Factors such as significant demand from the civil engineering vertical and rising adoption in the oil and gas sector are projected to substantially boost the market growth. Fiber optics can withstand rough handling, such as in pipes, streams, and reactors, where manual inspection is not feasible. Furthermore, they help in...Read More »

December 2019

TV Analytics Market Size Worth $655.4 Million By 2025 | CAGR: 21.2%

The global TV analytics market size is expected to reach USD 655.4 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 21.2% over the forecast period. The growing need for deploying analytical tools across multiple streaming platforms has played a vital role in data management. These analytical tools help in determining the advertisement budget and ensure optimal use of TV campaigns. With companies now investing in the development of technological platforms to understand viewership preferences, the television market is expected to witness significant growth over the forecast...Read More »

December 2019

Germany Automotive Aftermarket Size Worth $23.4 Billion By 2025

The Germany automotive aftermarket size is expected to reach USD 23.4 billion by 2025, registering a 1.1% CAGR from 2019 to 2025, according to a new study by Grand View Research, Inc. The market is expected to be driven by technological advancements, shift in competitive power with the rise of new players, and evolving customer expectations. Germany is among the most prominent automotive vehicle manufacturer countries and reports the most significant demand and sales for automobiles. Moreover, vehicle parc has witnessed substantial...Read More »

December 2019

U.S. Gastroenterology ASC Market Size Worth $10.8 Billion By 2026

The U.S. gastroenterology ambulatory surgery center market size is anticipated to reach USD 10.8 billion by 2026, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.91% over the forecast period. The growth can be attributed to cost-efficiency, improved patient outcomes, and patient convenience provided by the ambulatory surgery centers. In addition, factors such as rising prevalence of digestive diseases and growing geriatric population are expected to fuel the growth. Establishment and maintenance of...Read More »

December 2019