Distributed Antenna Systems Market Worth $13.78 Billion By 2025

The global distributed antenna systems market size is expected to reach USD 13.78 billion by 2025, according to a study conducted by Grand View Research, Inc. It is anticipated to register a CAGR of 11.4% during the forecast period. Key factors driving the demand for Distributed Antenna Systems (DAS) include proliferation of connected devices in Internet of Things (IoT), mobile data traffic, and demand for extended network coverage and constant connectivity. Additionally, an increase in higher-bandwidth applications and in-building demand is also supporting the market growth.

Increasing use of wireless data has been accompanied by the development of newer and faster mobile networks, such as 4G and 5G. These networks have become affordable due to their wide usage and availability of smartphones at affordable prices. Moreover, since the switching cost from one service provider to another is low, mobile network operators have to be extra cautious of the penetration and quality of their network. Increased emphasis on improving network performance has propelled service providers to opt for solutions such as DAS, to ensure round the clock availability of their network, thereby driving market growth.

However, the high cost of manufacturing along with the complex installation process of the system is expected to hamper the market growth. Cellular network providers are working on extending their network coverage and bandwidth to take into account the substantial costs involved in the development of a DAS system, which may be attributed to the high cost of consultation, planning and implementation along with the high product price itself.

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https://www.grandviewresearch.com/industry-analysis/distributed-antenna-systems-das-market

Further key findings from the report suggest:

  • The hybrid DAS segment is expected to expand at a CAGR exceeding 14.0% over the forecast period. This system is an ideal fit for medium-sized spaces or areas with weak signals. It is cost-effective, easily expandable, and provides increased efficiency and broader coverage
  • The neutral-host ownership segment captured over 48.0% of the overall market share in 2018. This segment is projected to witness the highest growth on account of a large user base, third-party ownership, and a number of players providing a range of solutions
  • The public venues and safety segment is expected to emerge as the fastest-growing segment over the forecast period attributed to the high adoption of DAS solution in areas such as entertainment venues, sports stadiums, and shopping malls
  • North America accounted for over 30.0% of the market share in 2018. Meanwhile, Asia Pacific is expected to expand at the highest CAGR owing to the increasing sales of handheld devices and smartphones in China and India coupled with rising infrastructural growth
  • Key players in the DAS market include CommScope Inc.; Corning Inc.; Crown Castle International Corporation; and Boingo Wireless Inc., among others. These companies are engaging in collaborations with construction companies to sustain the competition.

Electric Transporters Market Worth $66.98 Billion By 2025

The global electric transporters market size is projected to reach USD 66.98 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 8.4% during the forecast period. Rising fuel price has been spurring the growth of the market. In addition, growing inclination towards eco-friendly transportation has led to increased adoption of electric transporters. The vehicles are compact and lightweight in nature and are highly convenient for short distance commuting.

Electric scooters were the most prominent vehicle type in terms of revenue in 2017. These vehicles are compact, which provide ease of transportation in a heavy traffic situation. Moreover, electric scooters are available in various types such as portable hoverboards, foldable scooters, and Segway’s model. Thus, customers get more options to choose an appropriate electric scooter depending on their preference. The segment is poised to expand at a CAGR of 9.7% over the forecast period. The market share of electric bikes is likely to decline over the forecast period owing to their high cost. Stringent government regulations for using e-skateboards in public places and on roads are also limiting the growth of the segment.

Sealed lead acid batteries were the most popular battery type for electric transporters in 2017, owing to their low cost and a higher range per charge. The growth of the NiMH batteries segment can be limited by increasing environmental concerns over Nickel and other harmful chemical leakages through these batteries while decomposing. Lithium-ion batteries are estimated to gain considerable market share by 2025 owing to growing technological innovations such as fast charging and surging use of polymers for better battery life.

In present time, the market is flooded with a variety of electric transporters. Increased adoption in China is proving to be a challenge for the government. Prominent cities in China, including Shanghai, Beijing, Shenzhen, and Guangzhou, have strictly banned the use of e-bikes as their riders tend to ignore traffic rules. Thus, creating awareness among users and developing a robust regulatory framework is essential for the market to grow substantially.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-transporters-market

Further key findings from the report suggest:

  • Electric scooter is likely to be most promising vehicle type segment during the forecast period
  • By voltage type, the 48V segment accounted for over 36.0% share in 2017 and the segment is anticipated to experience significant growth over the forecast period
  • North America is projected to register substantial growth over the coming years owing to various technological developments and success of rental business model, especially in the automotive industry. The regional market is poised to exhibit a CAGR of 9.4% from 2018 to 2025
  • The key players operating in the market include Allcell Technologies LLC, BMW Motorrad International, BOXX Corp., and KIWANO.

DC Motor Control Devices Market Size Worth $1.18 Billion By 2025

The global DC motor control devices market size is expected to reach USD 1.18 billion by 2025, exhibiting a CAGR of 6.2% from 2018 to 2025, according to a study conducted by Grand View Research, Inc. DC electric motors are being widely used in modern systems, whether in consumer electronics, or industrial, automotive, and transportation industries. Improved performance of these motors in such applications is a result of the underlying electronic controls that are able to rapidly execute sophisticated control algorithms. Thus, increasing demand for motors in such applications, coupled with improved motor performance, is anticipated to drive the market over the forecast period.

Sensorless motor control devices are generally used to reduce overall cost of actuating devices. However, with advancements in sensor control techniques, the market for DC motor control devices is anticipated to gain traction over the forecast period. Furthermore, recent market requirements, such as compatibility with IE3 motors, and changes in motor control systems in several application areas such as industrial, consumer electronics, and medical devices are expected to favor market growth over the coming years.

The market is expected to witness significant demand from the automotive industry owing to introduction of vehicle safety standards to control fuel emissions and increasing adoption of engine control units (ECUs) in modern automobiles. Additionally, growing R&D activities to improve energy efficiency of electric motors are anticipated to boost market growth. For instance, the U.S. Department of Energy invested a substantial amount in 13 R&D projects pertaining to technological advancements in electric motors. These advancements are expected to positively impact the efficiency and performance of motor devices when used in various end-use industries.

However, factors such as uncertainties in raw material prices, limited availability of components, and reduction in overall production of raw materials are contributing to increased product costs, thereby negatively impacting market growth. In order to overcome these challenges, major companies are undertaking several measures to maintain consistency in prices and availability of raw materials. These companies have been entering into long-term supplier contracts to mitigate risks associated with quality and quantity of materials.

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https://www.grandviewresearch.com/industry-analysis/dc-motor-control-devices-market

Further key findings from the report suggest:

  • North America accounted for more than 25.0% of the overall market in 2018 and is expected to witness steady growth over the forecast period owing to presence of key market incumbents such as Eaton Corporation Plc and ABB offering cost-effective solutions and quality products
  • The consumer electronics segment accounted for a significant in 2018 and is anticipated to grow at a substantial CAGR over the forecast period owing to increasing demand for handled devices and home appliances in developing countries such as India and China
  • Prominent players in the DC motor control devices market include ABB, Eaton Corporation Plc, General Electric, and OMRON Corporation. These companies are extensively investing in research and development activities in order to introduce compact products.

IT Professional Services Market Size Worth $1.07 Trillion By 2025

Global IT professional services market size is expected to reach USD 1.07 trillion by 2025 with a CAGR of 8.4%, according to a new study conducted by Grand View Research, Inc. Growth in demand for knowledge-based services and preference for flexible and customizable professional services are driving the global market.

Enterprises across various end-use industries are under mounting pressures to reduce capital expenditures and increase operational efficiencies. The adoption of IT professional services has been growing as these services can help reduce the overall IT costs, and in turn, the capital expenditure. Benefits associated with these services, such as ease of deployment, lesser risk, and higher security, have also been aiding the market growth.

Incumbents of the BFSI, retail, telecommunication, and IT industries prefer cloud-based services. As the number of enterprises opting for digital transformation continues to increase, vendors are finding it more convenient to deliver IT services through the cloud technology. It also allows providers to expand their geographic reach and offer scalable services, as well as on-demand support.

Tech companies, marketing firms, and consulting companies are the largest users of IT professional services. Digitization, big data analytics, and Business Intelligence (BI) are some of the key functionalities being outsourced to reduce the administrative costs and overheads. However, concerns over data security and protection of privacy and confidentiality are some of the factors that may hinder the market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/it-professional-services-market

Further key findings from the study suggest:

  • The market is significantly diverse and fragmented but led by a few well-established companies, including Accenture PLC, Capgemini SA, IBM Corp., and Microsoft Corporation
  • The ability of the vendors to provide cloud-based, tailored, and secured solutions would influence the customers’ buying decisions
  • The cloud segment is expected to witness the fastest CAGR over the forecast period
  • Technology and consulting companies have emerged as the largest adopters of IT professional services and would continue the trend in the years to come
  • The North America regional market led the global IT professional service market in 2017 and is expected to register a CAGR of 7.5% over the forecast period.
  • However, Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of 9.6% during the forecast period

Transplantation Market Size Worth $25.8 Billion By 2027

The global transplantation market size is expected to reach USD 25.8 billion by 2027, growing at a CAGR of 9.3%, according to a new report by Grand View Research, Inc. Growing cases of organ failure have resulted increased demand for transplantation procedures. Rising demand for tissue products, immunosuppressants, and organ preservation solutions is a major factor anticipated to boost the market growth during forecast period. Thus, many biotechnology and medical device manufacturing companies are concentrating on the development of advanced transplant products.

Technological advancement in organ transplantation methods is another key factor supporting the market growth. Introduction of advanced tissue products, such as DeNovo NT Graft, Chondrofix Osteochondral Allograft, and DuraMatrix Collagen Dura Substitute Membrane provides higher benefits during treatment. In addition, computerized support systems with advanced systems and software allow easy & effective maintenance of tissues. Thus, availability of such advanced techniques supports market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/transplantation-market

Further key findings from the report suggest:

  • Tissue products was the largest revenue-generating segment due to rising demand for tissue and organ transplant procedures
  • Tissue products segment is expected to expand further at a significant CAGR owing to advancement in transplantation products
  • The transplant centers end-use segment is projected to register the highest CAGR during the forecast period owing to rising popularity of these centers for transplant procedures
  • The hospitals segment led the market in 2019, in terms of revenue, owing to a large number of transplant procedures performed in hospitals
  • North America was the leading regional market in 2019 and is projected to maintain its dominance during the forecast period owing to well-developed healthcare infrastructure
  • Moreover, presence of a large number of research laboratories, biotechnology, and medical devices manufacturing companies in North America is projected to contribute to the region’s growth

Vitamin D Testing Market Size Worth $1.1 Billion By 2025

The global vitamin D testing market size is expected to reach USD 1.1 billion by 2025, at a CAGR of 9.4% according to a new report by Grand View Research, Inc. Global increase in geriatric population as well as cases of chronic illnesses is likely to drive the market during the forecast period. 

Furthermore, increase in investment for development and commercialization of various accurate, innovative, and easy-to-use tests by various market players and governments is likely to drive the market growth. For instance, in January 2017, Future Diagnostics and DIA source received a grant of EUR 1.4 million from the European Commission to develop a unique CE-marked assay that can measure the level of free vitamin D (25OHD) in the body. In addition, this assay will assist in early recovery of patients suffering from vitamin D deficiency by providing optimized treatment, offering an opportunity to save treatment costs.

Vitamin D assay measures the level of vitamin D in two forms. Hence, the market has been divided by two major types of tests, namely 25-Hydroxy Vitamin D test and 1, 25-Dihydroxy vitamin test.

The 5-hydroxy vitamin D tests or assay segment dominated in 2016 due to its greater ability to identify bone malformations, softness, weakness, and fractures in adults. Its domination is likely to continue in the forecast period as well.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/vitamin-d-testing-market

Further Key Findings From the Report Suggest:

  • Rising incidence of chronic illnesses and growing geriatric population are expected to propel the growth of the vitamin D testing  market with a CAGR of 9.4% from 2017 to 2025
  • 5-hydroxy vitamin D test segment accounted for the largest share and is anticipated to witness strong growth during the forecast period. This can be attributed to the availability of several commercial products, ongoing research in the field, and the ability to accurately detect bone malformations.
  • Geographically, North America held the largest share in 2016. It is expected to maintain its dominance during the forecast period due to higher awareness about screening, higher healthcare expenditure as compared to other developing countries, and local presence of market players.
  • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to growing investments by several market players in the region, growing healthcare expenditure, and recent commercialization of tests in major markets, such as Japan and China
  • Some of the key players are Abbott Laboratories; F. Hoffmann-La Roche Ltd.; Hologic, Inc.; Siemens Corporation; Danaher Corporation; Quest Diagnostics, Inc.; bioMérieux SA; and DiaSorin S.p.A. 

Erythropoietin Drugs Market Size Worth $17.4 Billion By 2025

The global erythropoietin drugs market is expected to reach USD 17.4 billion by 2025, according to a new report by Grand View Research, Inc. Rising incidence of chronic diseases such as CKD and cancer resulting in anemia is a major growth driver of this market.

According to the statistics published by the National Heart, Lung, and Blood Institute of the U.S. Department of Health & Human Services, over 3 million people are affected by anemia every year and this number is expected to increase over the forecast period. This showcases the need for erythropoietin-stimulating agents in the coming years.

Introduction of novel drugs and their cheaper biosimilar formulations with enhanced efficacy and cost-effectiveness is also expected to serve this industry with lucrative opportunities. For instance, development of numerous biosimilars in the European market is expected to gain traction and increase their usage rates, owing to associated benefits such as less time required for approval, cost-efficiency, and enhanced therapeutic effect.

Companies are involved in extensive R&D initiatives for development of innovative molecules and discovering new therapeutic areas for existing drugs. For instance, in April 2016, Sandoz received approval from the European Commission for use of its biosimilar Binocrit in nephrology indications, thereby extending the therapeutic area of its product portfolio.

Moreover, many of the industry players in the U.S., Europe, and Asia Pacific are involved in the development of new biosimilars. For example, Biocon’s subsidiary Syngene International entered into an agreement with Bristol-Myers Squibb to extend their drug discovery and development program in India. This enables Biocon to enhance its erythropoietin drugs portfolio. Expected product approvals in the coming years are anticipated to fuel market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/erythropoietin-epo-drugs-market

Further key findings from the report suggest:

  • The biologics segment is declining over the forecast period owing to patent expiration of branded biologics and introduction of biosimilars in the market
  • The patent for Aranesp (darbepoetin-alfa) will expire in 2024 in the U.S. and is expected to provide numerous future growth opportunities for new market entrants
  • Epoetin-alfa held the largest share of product segment owing to its early introduction in the U.S. market and patent protection
  • Epoetin-omega and epoetin-zeta are anticipated to exhibit lucrative growth over the forecast period owing to associated benefits such as longer half-life and enhanced therapeutic effects
  • Use of erythropoietin drugs for treatment of renal diseases held a dominant share as of 2016 owing to the increasing incidence of chronic kidney diseases
  • The Asia Pacific regional industry for erythropoietin-stimulating agents is expected to witness lucrative CAGR during the forecast period
  • Industry participants are focusing on the discovery of new therapeutic areas for existing drugs and development of cost-effective biosimilars, thereby increasing R&D activities for the development of erythropoietin drugs.

Oncology Based In-Vivo CRO Market Size Worth $1.5 Billion By 2025

The global oncology based in-vivo CRO market is expected to reach USD 1.5 billion by 2025, according to a new report by Grand View Research, Inc. The use of Contract Research Organization (CRO) oncology services helps the manufacturers/sponsors to provide complete attention on the production capacity and at enhancing their in-house processes.

Furthermore, the pressure from the increasing competition due to patent expirations, rapid growth of generics, and introduction of biosimilar equivalents are propelling the pharmaceutical companies to take the aid of such organizations. Hence, it can be predicted that the oncology based in-vivo CRO market may witness lucrative growth over the forecast period.

Another factor propelling growth is the increasing incidence of cancer, and high failure rate of existing treatment options. According to statistics published by the World Health Organization (WHO), approximately 8.2 million deaths are recorded each year from cancer, which accounts for 13.0% deaths worldwide.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/oncology-based-in-vivo-cro-market

Further key findings from the study suggest:

  • Based on indication, solid tumors are expected to dominate the market as of 2016. Furthermore, it is anticipated to grow at the fastest CAGR owing to the factors such as growing incidence rate, augmenting research for tumors in organs such as breast, and liver, and technological advancement offered by key industry players.
  • Solid tumors are analyzed by means of models such as xenograft, Patient Derived Xenografts (PDX), and syngeneic. The PDX models are expected to witness lucrative growth over the forecast period and capture over 40.0% of the market share by 2025.
  • Geographic expansion into Asia Pacific countries by well-established players is anticipated to promote the fastest growth for the region. India is one the most lucrative country owing to presence of service tax exemption and venture capital based funding for CROs.
  • Few of the industry players for the oncology based in-vivo CRO market are The Jackson Laboratory, Covance, Taconic Biosciences, Charles River Laboratory, EVOTEC, Wuxi AppTec, and ICON Plc.
  • A common trend observed is the rising partnerships among CROs to offer bundle packages of services to sponsors. For instance, In May 2017, CRL International, Inc. announced their partnership with OcellO, established in Netherlands. According to this partnership, CRL would be utilizing the latter’s PDX model capabilities in order to expand their oncology based drug discovery service portfolio.

U.S. Digital Signage Market Worth $7.8 Billion By 2027

The U.S. digital signage market size is anticipated to reach USD 7.8 billion by 2027, according to a new report by Grand View Research, Inc., registering a 6.4% CAGR over the forecast period. The demand is expected to increase as advertisers, enterprises, and corporates are increasingly adopting this technology to promote and distribute content. Advancements in display technology are also likely to drive the market. Furthermore, increasing demand for digital signage solutions from industries such as healthcare, transportation, hospitality, and retail is likely to propel market growth over the forecast period.

Growing adoption of this technology is due to increasing demand for advertising content with enhanced quality and better sharpness. Rising demand for 4K embedded digital displays can be attributed to increase in need for enhanced sharp images. Digital signage above 52 inches are poised to gain popularity over the forecast period as advertisers are increasingly preferring outdoor advertising.

Besides this, software providers are engaged in providing design solutions that are compatible with multiple operating systems to new entrants in the market. They are particularly offering cloud-based design solutions that can aid in managing advertising content displayed on digital signage.

Operational cost of companies is reduced by cutting down the use of paper for advertisements and deviating from traditional marketing activities. In addition, combination of LED-backlit panels is resulting in substantial energy savings. Decrease in energy consumption owing to adoption of enhanced technologies, which includes LED, is attracting enterprises to opt for digital signage.

West U.S. accounted for the largest share in the market in 2019 and is estimated to retain its lead through 2027. The Midwest region is projected to exhibit the highest growth rate during the forecast period owing to burgeoning sales of digital signage in multiple industry verticals across the region.

Some of the prominent companies operating in the market are Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; BrightSign, LLC; Keywest Technology, Inc.; Planar System Inc.; Scala, Inc.; and Hughes Network Systems LLC.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-digital-signage-market

Further key findings from the report suggest:

  • On the basis of display technology, the LCD segment commanded the leading share in the market in 2019 owing to lower manufacturing cost and benefits associated with LCD technology
  • The retail industry was the most prominent application segment in the U.S. digital signage market in 2019. It is estimated to retain its position through 2027, as there is high competition in the industry, which augments the need for innovative advertising medium
  • Based on display type, transparent LED screens are projected to exhibit the highest CAGR during the forecast period as high level of transparency and resolution offered by them proves to be lucrative for advertisers
  • By component, the hardware segment, which includes displays and media players, is anticipated to dominate the market throughout the forecast period as users remain keen on adopting different types of displays
  • The out-store location segment is expected to witness considerable growth through 2027 owing to growing adoption of digital signage in various outdoor applications
  • The West region was the highest revenue generating region in 2019 owing to the adoption of this technology across applications such as retail and hospitality. The region is home to the largest number of companies manufacturing electronic display products
  • Prominent players in the U.S. market include Panasonic Corporation of North America; Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; and Planar System Inc.

Aerospace Parts Manufacturing Market Worth $1.25 Trillion By 2027

The global aerospace parts manufacturing market size is expected to reach USD 1.25 trillion by 2027, exhibiting a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing passenger and freight traffic in emerging economies is driving the demand for next-generation aircraft, which in turn is expected to boost the market growth.

A majority of the aircraft manufacturing companies are integrated across the value chain and are highly active in the parts manufacturing process. These companies have in-house production facilities as well as supplier contracts for the procurement of these parts. The manufacturers are also involved in raw material procurement and designing and quality control of the parts offered by third party suppliers.

The market for aerospace part manufacturing is primarily concentrated in North America and Europe, owing to the presence of major aircraft manufacturers. China and India are expected to emerge as the leading markets in the forthcoming years, owing to the rapid growth of aircraft part manufacturing and export activities. The global trade in components and sub-assemblies has increased by approximately 25% during the past decade. However, the sector still remains consolidated with the top 3 countries including U.S., Germany, and France, accounting for over 60% of the total aircraft manufacturing.

The market has observed a trend of a collaboration of the major companies entering into a joint venture. This helps the companies to sustain in the highly competitive market in terms of geographical expansion, technological advancements, and lowering the risk of failure. This also aids the companies to easily access the market for gaining long term contracts.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/aerospace-parts-manufacturing-market

Further key findings from the report suggest:

  • In 2019, aerostructure dominated the product segment, with 52.2% of revenue share on account of strong replacement rate of aluminum with high-cost composites in fuselage and airframe structures
  • Commercial aircraft segment is estimated to expand at the fastest CAGR of 4.6% over the forecast period, as significant changes are being incorporated in the aircraft structure to reduce the carbon emissions by replacing existing parts with lightweight materials
  • The market in Asia Pacific was valued at USD 149.6 billion in 2019 and is expected to expand at the highest CAGR owing to the rapid growth of aviation industry, augmenting the growth of MRO services thereby impacting aerospace parts manufacturing industry on a positive note
  • The aerospace parts manufacturing market has stringent manufacturing norms, safety regulations, and certifications, which restricts the entry of new entrants
  • Emerging players in Asia offering low-cost innovative solutions to the end-users are expected to challenge the established players in North America and Europe, leading to competition disruption in the market