Grand View Research, Inc.

Hydraulic Fracturing Market Expected To Reach USD 90.55 billion By 2020: Grand View Research, Inc.

The global hydraulic fracturing market is expected to reach USD 90.55 billion by 2020, according to a new study by Grand View Research, Inc. Regulatory support in the form of tax benefits and financial incentives, particularly in North America and Asia Pacific is expected to drive the global hydraulic fracturing market over the next six years. Depleting conventional oil & gas reserves has prompted the industry to shift its focus towards developing unconventional resources of energy which is also expected to have positive impact on market growth. Environment issues on account of ground water contamination have led regulatory bodies across various European countries to ban the use hydraulic fracturing and this is expected to remain a key challenge for market participants.  

Plug & perf emerged as the leading technology used for hydraulic fracturing and accounted for 85.6% of total market revenue in 2013. Plug & perf is also expected to be the fastest growing technology at an estimated CAGR of 12.1% from 2014 to 2020. Use of plug & perf technique enables multistage fracturing for cased holes. Owing to its ease in accessibility for fracturing horizontal wells, this technology is preferred over sliding sleeve technique in the global hydraulic fracturing market.

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Asia Pacific Medical Gas Equipment Market Expected To Grow At CAGR Of 9% From 2014 To 2020: Grand View Research, Inc.

Global medical gas equipment market is expected to reach USD 5,313.9 million by 2020, according to a new study by Grand View Research, Inc. Growing prevalence of chronic respiratory diseases such as pulmonary disorders, cystic fibrosis and emphysema coupled with increasing geriatric population base is expected to drive medical gas equipment market demand. Introduction of technologically advanced product such as new integrated multifunctional and convenient medical gas cylinders is also expected to drive market demand by catering to the changing requirements of healthcare practitioners.

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Clinical Laboratory Services Market Worth USD 261.42 Billion By 2020: Grand View Research, Inc.

Global clinical laboratory services market is expected to reach USD 261.42 billion by 2020, according to a new study by Grand View Research, Inc. The demand for early diagnosis in order to render effective therapeutic interventions is on a constant rise. Wide range of diagnostic tests encompassed in the clinical laboratory services segment coupled with increasing incidence rates of infectious and chronic diseases is expected to drive market growth during the forecast period. In addition, presence of untapped growth opportunities and the rapidly improving healthcare infrastructure in emerging markets such as China, India and Brazil are expected to offer growth opportunities for industry participants.

Clinical chemistry based services dominated the overall market, accounting for over 45.0% of the revenue share in 2013, owing to the fact that these tests are a part of the initial disease diagnostic process and thus are carried out in large volumes..

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Magnesium Oxide Nanoparticle Market Demand Expected To Reach 185.5 tons By 2020: Grand View Research, Inc.

Global magnesium oxide nanoparticle market is expected to reach USD 42.3 million by 2020, according to a new study by Grand View Research, Inc. Magnesium oxide nanoparticles are used as fuel additives to enhance fuel efficiency and maintain engine health and performance. Increasing demand from fuel industry owing to increasing consumer awareness regarding high performance fuels in order to prolong vehicle operating life is expected to drive market demand over the forecast period.

Furnace lining was the largest application market for magnesium oxide nanoparticles with demand estimated at over 60 tons in 2013, owing to favorable properties including large surface area, high purity and hardness. Nanoparticles are also used in the construction and ceramic industry due to insulating and anti-bacterial properties, with estimated market revenue of over USD 4.0 million in 2013, growing at a CAGR of 9.1% from 2014 to 2020.

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Resilient Flooring Market Share, Growth, Industry Forecast Report To 2020: Grand View Research, Inc.

The global resilient flooring market is expected to reach USD 77.04 billion by 2020, according to a new study by Grand View Research, Inc. Development of hassle-free installation techniques and innovative products as a result of significant technological advancements has widened resilient flooring’s scope across commercial, industrial, and residential applications. Increased awareness pertaining to the use of eco-friendly flooring materials including cork, glass, linoleum, Polyester (P.E.T) Berber, and rubber is expected to favorably impact the resilient flooring market growth.

Resilient flooring, including luxury vinyl tiles (LVT), vinyl composite tiles (VCT), vinyl-backed sheet, fiberglass-backed sheet, linoleum, and rubber provide a high degree of performance in high traffic areas. Resilient floorings’ demand has undergone high growth over the last decade owing to their ability to be created with any combination of wearlayer protectants that minimize scratching, scuffs, and stains due to daily wear and tear.

Increasing fossil fuel prices, which constitute the primary raw material for resilient floorings, is expected to considerably shrink manufacturers’ margins thereby having a significant impact on resilient flooring market growth. Resilient flooring manufacturers have taken recourse to enhancing production efficiency by developing new technologies in order to counter this issue.

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Silver Nanoparticles Market Expected To Reach USD 2.54 Billion By 2022: Grand View Research, Inc.

Global silver nanoparticles market is expected to reach USD 2.45 billion by 2022, according to a new study by Grand View Research, Inc. Rising demand for antimicrobial materials in healthcare applications is expected to drive silver nanoparticles market over the forecast period. Development of high-end electronics coupled with growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.

Healthcare was the largest application segment, accounting for over 30% of global silver nanoparticles market revenue in 2014. Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population and rise in disposable income is expected to augment silver nanoparticles market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.

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Pleated Filters Market Expected To Reach 286.3 million units By 2020: Grand View Research, Inc.

Global pleated filters market is expected to reach USD 12.83 billion by 2020, according to a new study by Grand View Research, Inc. Stringent environmental regulations regarding deteriorating air quality coupled with increasing need for energy conservation are expected to remain a key driving factor for the global market. Growing prevalence of air borne disease is also expected to have a positive influence on the market growth. Increasing competitiveness in oil & gas industry will further increase demand for quality products, driving demand for pleated technology in oil filter market. Easy availability of substitute products is expected to remain a key challenge for market participants.

Air filters emerged as the leading product segment and accounted for 54.4% of total market volume in 2013. Increasing demand for improved air quality coupled with increasing prevalence air borne diseases across the globe is expected to remain a key driving factor for this segment. Oil filters is expected to be the fastest growing product segment at an estimated CAGR of 7.4% from 2014 to 2020. Growing demand for petroleum products is expected to remain a key driving factor for this segment. In additon, increasing competitiveness for better and environmental friendly products is also expected to have a positive influence on the market growth.

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Middle East Switchgears Market Hits $4.64 Billion By 2020: Grand View Research, Inc.

The Middle East switchgears market is expected to reach USD 4.64 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for electricity in the region is expected to favor market growth over the forecast period. Switchgears are used in electrical systems to minimize failure and effects of fault currents.

Gas insulated switchgears are gaining momentum over air insulated switchgears owing to their economic benefits and efficiency. Technological advancements to minimize environmental impact and device miniaturization may also drive the Middle East switchgears market. Need for ensuring safety and rapid economic development is expected to favor market growth over the forecast period. However, significant price cuts owing to intense competition are expected to pose a challenge to the Middle East switchgears market.

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Metal Matrix Composites (MMC) Market Demand Expected To 10,065.3 kilo tons By 2020: Grand View Research, Inc.

Global metal matrix composites market is expected to reach USD 433.3 million by 2022, according to a new study by Grand View Research, Inc. Burgeoning demand for high performance metal components with enhanced durability, shear strength and light weight for manufacturing automobile parts is expected to drive the global MMC market. Favorable regulations to reduce overall vehicle weight in order to improve fuel efficiency particularly in the U.S. and Europe is also expected to have a positive influence on the market growth. Low product yield coupled with complex manufacturing process is expected to remain a key challenge for market participants.

Ground transportation emerged as the largest end-use segment and accounted for 50.1% of total market volume in 2014. Growing light weight metal components demand in automotive and other modes of transportation may be attributed for high level of market penetration in this segment. Electronics/thermal management is expected to witness the fastest growth of 6.9% from 2015 to 2022. Surging demand for high tensile strength composite metals with enhanced thermal conductivity in electronic industry particularly for manufacturing multi-chip modules is expected to fuel MMC market growth over the next seven years.

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Head Mounted Display (HMD) Market Research Report To 2020: Grand View Research, Inc.

The global head mounted display market is expected to reach USD 11,793.3 million by 2020, according to a new study by Grand View Research, Inc. Reducing silicon wafer costs have directly impacted microdisplay prices, which form a sizable percentage of the resultant HMD cost. As a result, declining microdisplay prices coupled with growing demand for wearable, lightweight devices are expected to be key driving forces for the HMD market. Defense services are a key contributor to global demand, wherein head mounted displays aid in security, imaging and tracking.

Head mounted displays offer high degree of mobility and computing power, which has led to increasing market penetration in the consumer sector. Growing demand from automotive prototyping is expected to be a key opportunity for industry participants. Lack of standardization resulting in design issues may restrain market growth over the next six years. This can be mitigated with the help of establishment of necessary guidelines for HMD production.

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