Press Room

Automotive Collision Repair Market Size Worth $208.0 Billion By 2025

The global automotive collision repair market size is expected to reach USD 208.0 billion by 2025, according to a new study by Grand View Research, Inc. It is expected to exhibit a CAGR of 2.7% during the forecast period. Technological advancements in claims, insurance, and the automobile aftermarket have led to development of innovative repair techniques and processes, which have significantly widened the scope for growth of passenger and commercial vehicles. Leading manufacturers, including Daimler AG (Germany) and BMW Group...Read More »

January 2018

Aerospace Floor Panels Market Size Worth $554.4 Million By 2025

The global aerospace floor panels market size is expected to reach USD 554.4 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 5.6% during the forecast period. The market is majorly driven by the growth of the aerospace industry, rising air passenger traffic, and increasing defense expenditure.  Aerospace floor panels are crucial products used for flooring in aircraft. They are manufactured using a number of raw materials including Nomex honeycomb and aluminum honeycomb. These raw...Read More »

January 2018

India Heat Treating Market Worth $8.37 Billion By 2027 | CAGR: 7.5%

The India heat treating market is expected to reach USD 8.37 billion by 2027 at a 7.5% CAGR, according to a report by Grand View Research, Inc. Entry of various automotive manufacturers in the country has fueled the demand for heat treating services over the past few years. Heat treating involves controlled heating and cooling of materials to attain distinct mechanical properties such as strength, flexibility, and hardness. Steel is the most commonly used material for heat treating in India, along with cast iron, aluminum, copper,...Read More »

January 2018

Patient Positioning Systems Market Size To Reach $1.4 Billion By 2025

The global patient positioning systems market is anticipated to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a 4.7% CAGR during the forecast period. This market is expected to witness lucrative growth during through 2025 owing to rising awareness about and surging expenditure on diagnostic procedures. In addition, increasing prevalence of cancer and rising geriatric population are expected to assist in market growth. According to the National Cancer Institute, in 2016, there...Read More »

January 2018

IPM Pheromones Market Size Worth $1.5 Billion By 2025 | CAGR 12.5%

The global IPM pheromones market size is expected to reach USD 1,554.0 million by 2025, according to a new report by Grand View Research, Inc., and will expand at a 12.5% CAGR during the forecast period. Need for high agricultural yield and growing global population are likely to be the major driving factors. The sex pheromones segment accounted for the majority revenue share in 2016. Sex pheromones are used to control insect population and are considered highly effective. Mating interruption is an extremely effective IPM...Read More »

January 2018

Phosphate Fertilizers Market Size $78.06 Billion By 2025 | CAGR 5.1%

The global phosphate fertilizers market size is expected to reach USD 78.06 billion by 2025, according to a new report by Grand View Research, Inc, registering a 5.1% CAGR therein. Increasing population and demand for diverse food has been a key factor driving market growth. In addition, limited availability of ploughed land and increasing meat consumption all over the world is fueling the demand for phosphate fertilizers over the forecast period. Phosphate is one of the three primary nutrients needed for plants to grow to their full...Read More »

January 2018

Stainless Steel Market Size Worth $133.8 Billion By 2025 | CAGR: 5.2%

The global stainless steel market size is expected to reach USD 133.8 billion by 2025 at a 5.2% CAGR, according to a new report by Grand View Research, Inc. The market is anticipated to expand mainly due to advantages such as increased formability, weldability, corrosion resistance, and aesthetic appearance.  The construction industry in emerging economies has been registering rapid growth due to increasing government expenditure on infrastructure. Higher prices of stainless steel substitutes have facilitated the usage of this product...Read More »

January 2018

Physical Security Market Worth $290.7 Billion By 2025 | CAGR: 9.1%

The global physical security market is expected to reach USD 290.7 billion by 2025, according to a new study by Grand View Research, Inc. The growing popularity of smart security in light to increasing criminal activities caused by theft and leading vandalism to the properties are anticipated to be the key trend driving the growth of the physical security market. The physical security market is projected to witness healthy growth owing to the increasing need for security to the environment aimed to deter or mitigate the threat. In the...Read More »

January 2018

Cloud Radio Access Network Market Size Worth $31.71 Billion By 2025

The global cloud radio access network (C-RAN) market is expected to reach USD 31.71 billion by 2025, according to a new report by Grand View Research, Inc. The networks ecosystem is on the verge of a transformation owing to growing demand data requirements for the Internet of Things (IoT) and the advent of 5G technologies which will lead to the requirement of new services and applications is anticipated to drive the growth of C-RAN architecture market over the forecast period. The market for the virtual/ cloud RAN architecture is expected to gain traction over the forecast...Read More »

January 2018

Architectural Services Market Size Worth $391.97 Billion By 2025

The global architectural services market is expected to reach USD 391.97 billion by 2025, according to a new report by Grand View Research, Inc. Increasing investments in construction sector has been a major factor driving market growth. Some major technological innovations in the market such as use of advanced designing and planning software’s have contributed largely to the market growth. Due to the significant advancements in the level of building design, along with regulations and policies, the architectural services will witness a spur in the demand for highly technical design...Read More »

January 2018

Heavy Construction Equipment Market Worth $90.4 Billion By 2025

The global heavy construction equipment market is expected to reach USD 90.4 billion by 2025 at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Increased investment in infrastructure has been a major factor driving market growth.  Rise in infrastructural development around the world is the key catalyst that will propel market growth over the forecast period. Infrastructural development results in increased construction activities, which eventually creates a demand for heavy duty construction...Read More »

January 2018

Vehicle Electrification Market Size Worth $125.12 Billion By 2025

The global vehicle electrification market is anticipated to reach USD 125.12 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for electrification in transport automobiles is increasing owing to social influence and acceptability to shift in favor of electrification via lowered usage of petroleum to energy efficient vehicle. Moreover, regional legislation policies and regulatory efforts globally on strengthening CO2 emissions standard have been immensely contributing to the growth of the market.  ...Read More »

January 2018

Pediatric Vaccines Market Worth $60.4 Billion By 2025 | CAGR: 11.7%

The global pediatric vaccines market is expected to reach USD 60.4 billion by 2025 at an 11.7% CAGR, according to a new report by Grand View Research, Inc. Advancements in development of vaccines and new product launches are some of the major drivers of the market.  Increase in investments by companies to capture a larger market share is anticipated to propel growth. Some of the factors attributed to increase in investment are high growth prospects in the emerging market, immunization schedule mandated by doctors for children, and...Read More »

January 2018

Yogurt Drink Market Size Worth $44.46 Billion by 2025 | CAGR: 4.8%

The global yogurt drink market is expected to reach USD 44.46 billion by 2025 at a 4.8% CAGR, according to a new report by Grand View Research, Inc. The market is anticipated to witness a higher growth rate in comparison to plant-based drinks on account of better health benefits and low cost of yogurt drinks. Factors such as increased per capita spending and urbanization are likely to fuel yogurt consumption. Rise in awareness about its benefits and increase in preference for yogurt among consumers looking to lead an active and healthy...Read More »

January 2018

Automotive Interior Materials Market Size Worth $66.5 Billion By 2025

The global automotive interior materials market is anticipated to reach USD 66.5 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to witness a high growth rate owing to increase in demand for lightweight passenger vehicles.  Factors such as improved economic conditions and rapid urbanization are likely to fuel the automotive interior materials market. In addition, there has been a rise in demand for personalization of cars, which will further create a positive outlook for...Read More »

January 2018

U.S. and Mexico Yeast Market Worth $2.2 Billion By 2022 | CAGR 7.8%

The U.S. and Mexico yeast market is expected to reach USD 2.2 billion by 2022 at a 7.8% CAGR, according to a new report by Grand View Research, Inc. Rise in food consumption and increased manufacturing of biodiesel will drive market growth. The U.S. and Mexico market is expected to grow rapidly owing to rise in demand from the food and beverage industry. Rise in consumption of processed food by millennials is likely to augment industry growth. On account of rising health awareness, consumption of food products comprising natural ingredients...Read More »

January 2018

Food Preservatives Market Worth $3.2 Billion By 2025 | CAGR: 3.7%

The global food preservatives market is expected to reach USD 3.2 billion by 2025, according to a new report by Grand View Research, Inc. Fast-paced working lifestyle of consumers in North America and Asia Pacific has led to increased demand for ready-to-eat food. As a result, to prevent food spoilage and increase their shelf life, demand for food preservatives has increased. Food preservation is a traditional method used to store and keep food safe from contaminants for longer duration. With time, preservation methods have evolved from culinary salt and sugar to chemical types. Globalization...Read More »

January 2018

Solid State Transformer Market Size Worth $531.5 Million By 2025

The global solid state smart transformers market is projected to attain USD 531.5 million by 2025, according to a new study by Grand View Research, Inc. The growing investments in smart grid are presumed to stimulate the market growth over the next eight years. The need for efficient power supply and low-cost electricity is significantly encouraging power companies to develop the solid-state transformer technology. The technology is anticipated to be commercialized by 2018 and is expected to pave way for large-scale adoption...Read More »

January 2018

Bromelain Market Size Worth $59.2 Million By 2025 | Growth Rate: 8.7%

The global bromelain market is expected to reach USD 59.2 million by 2025, growing at a CAGR of 8.7%, according to a new report by Grand View Research, Inc. Rising expenditure in R&D to use bromelain to cure diseases such as cancer & acquired immune deficiency syndrome (HIV AIDS) is expected to have a positive impact on the market during forecast period. This digestive enzyme is extracted from pineapple fruit & stem and is used in numerous industries including healthcare, meat & seafood, dietary supplements, cosmetics, bakery and...Read More »

January 2018

Agro Textiles Market Size Worth $12.77 Billion By 2025 | CAGR: 4.7%

The global agro textiles market is expected to reach USD 12.77 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for food with growing population has put a lot of pressure on agricultural productivity. Limited availability of land coupled with various natural disasters further reduces the total yield.  Agrotech aid in improving crop quality and help in increasing overall agricultural productivity. Need to increase crop productivity to fulfill daily demand of growing population has led to the...Read More »

January 2018