Identity and Access Management Market Growth and Key Opportunities in 2022

The Global Identity And Access Management Market is expected to reach USD 24.55billion by 2022, according to a new report by Grand View Research, Inc. Increased spending by large scale enterprises and government organizations along with stringent regulatory compliances are expected to drive industry growth. Rise in web-based applications, risk management such as policy-based compliance and audit management combined with cost containment are the key factors driving demand. Additionally, growing popularity of connected devices, Bring Your Own Device (BYOD) and Internet of Things (IoT) are projected to positively impact the identity and access management market.
Growing innovation with interoperable technologies are enabling providers in building advanced solutions including secure print authentication and EV charging station access.

The global IAM market is expected to witness significant growth owing to surging demand across various application segments. Cloud-based and hybrid solutions are estimated to extend their footprints in the industry with enhanced security and minimize error rates features. Commoditization of identity functions and the explosion of available applications are expected to compel enterprises to seek more scalable options.

Access for the Full Detail of the Report@ http://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam

Further key findings from the report suggest:

• Cloud-based identity and access management market is expected to witness robust demand by 2022, growing at a CAGR of over 18% from 2015 to 2022. Cloud is changing the way a business operates, driven by economies of scale and cost- effectiveness. Cloudis expected to redefine the traditional IT security landscape and gain maximum share of on-premise solutions by blending cloud technology in the IAM landscape.  Rising demand for cloud-SSO is also a key factor supporting expansive adoption among enterprises.
• Public sector and utilities sector accounted for over 25% of the revenue in 2014 and is anticipated to exhibit significant growth over the next seven years. Notable trends such as economic growth, industrial transformation, and demographic changes need to be mastered by matching infrastructure and effective administration, thus driving demand.
• North Americaidentity and access management market dominated demand in 2014, and is expected to account for over 34% of the overall share by 2022.Many federal agencies across the U.S. require employees to use a hardware-based personal identification verification card or an alternative form of strong authentication while accessing government IT infrastructure and networks. Various federal government agencies such as department of the interior, transportation and veteran affairs are implementing strong authentication measures which are estimated to drive demand across this region.
• Identity and access management market share is occupied by companies such as IBM, NetIQ Corporation, Oracle, CA Technologies and HID Global Corporation. Companies operating across cloud platforms are offering complete on-demand development tools and environment such as cloud database and cloud infrastructure layer which is enabling enterprise IT groups to test, develop and deliver customer on-demand business applications without investing in traditional system infrastructure or software.

View all Related Reports from this Category: http://www.grandviewresearch.com/industry/network-security-software-and-services 

Grand View Research has segmented the Identity and Access Management (IAM) market on the basis of deployment, end-use and region:

IAM Deployment Outlook (Revenue, USD Million, 2012 - 2022)

• Cloud
• Hybrid
• On-Premise

IAM End-Use Outlook (Revenue, USD Million, 2012 - 2022)

• BFSI
• Energy, Oil & Gas
• Telecom & IT
• Education
• Healthcare
• Public Sector & Utilities
• Manufacturing
• Others

IAM Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-identity-access-management-market  
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
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Grand View Research, Inc
Phone: 1-415-349-0058
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For More Information: www.grandviewresearch.com

In-vitro Toxicology Testing Market Analysis 2015 and Forecast up to 2022

The Global In-Vitro Toxicology Testing Market is expected to reach USD 44.7 billion by 2022 growing at an estimated CAGR of 10.5% from 2015 to 2022, according to a new report by Grand View Research, Inc. This expected rise in demand can be ascribed to novel and promising technologies in analytical laboratories. 
Advancement in bioinformatics based research for development of efficient software algorithms in order to carry out efficient stimulation of in-silico animal models in determination of toxicological response is expected to influence sector growth through to 2022. 

Furthermore, rapid up gradation of databases that serve information for toxicity profiling and lethal dose determination of different compounds is anticipated to create significant potential for growth in this market during the forecast period. 
Rise in government imposed restrictions and guidelines on usage of animals for pre-clinical research and toxicology testing is also attributive towards estimated progress in this industry.
Additionally, increasing R&D in biotechnology sector for enhancement in cell based assays and cell culture techniques, is anticipated to impart significant growth potential in this sector. 

Access for full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/in-vitro-toxicology-testing-market

Further key findings from the study suggest:

• Pharmaceutical and cosmetic industry together accounted for almost 65% of total revenue generated in this sector for 2014. This large share can be attributed to rapid novel product launches for treatment of different diseased conditions wherein toxicological testing is the pre-requisite step. 
• Cell culture technology contributed for over 42% of the revenue generated in the industry with respect to technology owing to critical role of cell culture in biotechnological development and cell based analysis 
• Omics technology is anticipated to register lucrative growth thereby driving demand due to advancement in sequencing methods and availability of different platforms depending on source and target sequence. 
• As a fundamental process in biopharmaceutical or pharmaceutical product development toxicological testing finds application in determination of systemic, dermal, & ocular toxicity as well as endocrine disruption 
• Amongst the above enlisted applications, dermal toxicity is expected to witness significant progress with a CAGR of approximately 13% due to comparatively higher incidence of side effects associated with skin after administration of several compounds. 
• North America accounted for the largest share of over 45% in revenue in 2014 owing to presence of significant number of sector players that are implementing advanced in-vitro technology. Furthermore, presence of stringent regulations pertaining to animal usage in toxicity analysis attributive towards high demand of in-vitro tests in this region. 
• Asia Pacific is expected to witness lucrative CAGR of over 11% from 2015 to 2022 due to rapid improvement in health care infrastructure in developing economies of this region which in turn contributes to regional progress in industry. 
• Key participants of in-vitro toxicology testing industry are Quest Diagnostics, Covance, Cyprotex, Alere, Inc, Charles River Laboratories, GE Healthcare, Thermo Fisher Scientific, Eurofins Scientific, Inc., Agilent Technologies, Catalent Pharma Solutions, Sigma Aldrich, and Bio-Rad. 
• These participants are involved in collaborations with bioinformatics research firms in order to develop novel in-silico algorithms for computational estimation of toxicity of pharmaceutical and chemical products. 
• Moreover, these market entities are also focusing on entering untapped regions in order to maintain their share in market revenue. 

View all related Reports from this Category: http://www.grandviewresearch.com/industry/clinical-diagnostics  

Grand View Research has segmented in-vitro toxicology testing market on the basis of end use, technology, method, application, and region:

Global In-vitro Toxicology Testing Outlook, by End-use (Revenue, USD Million, 2012 - 2022)

• Pharmaceutical industry
• Cosmetics & household products
• Diagnostics
• Chemical industry
• Food industry

Global In-vitro Toxicology Testing Technology Outlook (Revenue, USD Million, 2012 - 2022)

• Cell culture technology
• High throughput technology
• Molecular imaging
• OMICS technology

Global In-vitro Toxicology Testing Outlook, by Application (Revenue, USD Million, 2012 - 2022)

• Systemic Toxicology
• Dermal Toxicity
• Endocrine Disruption
• Occular toxicity

Global In-vitro Toxicology Testing Outlook, by Method (Revenue, USD Million, 2012 - 2022)

• Cellular Assay
• Biochemical Assay
• In-Silico
• Ex-vivo

In-vitro Toxicology Testing Regional Outlook (Market Revenue in USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-in-vitro-toxicology-testing-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
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Grand View Research, Inc
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In Vitro Diagnostics Market(IVD) Industry Outlook 2013-2020 Growth Opportunities, Market Size, Revenue and Product

Global In Vitro Diagnostics Market is expected to propagate at a significant rate owing to the surging incidences of rising aging population, chronic lifestyle related diseases, and increased usage of personalized medicine and point-of-care testing. In vitro diagnostics is anticipated to grow due to the developments, innovation, and advancements in various IVD technologies. Rising health concerns and the ability of the consumers to take these IVD tests at home and in hospital have increased their awareness among the consumers, leading to market growth. Serious health issues including diabetes, cancer, and sexually transmitted diseases are expected to be identified using IVD tests and surge the growth of the market in the long run.

Increased awareness among the consumers about various diseases, quickly altering healthcare environment, and enhanced role of diagnostics in patient care has provided a boost to the in vitro diagnostic market. Surging need for detecting communicable diseases, point-of-care recognition, and identification of various diseases like respiratory infections, RSV, influenza, and pneumonia along with identification of pathogens causing filariasis and malaria are some of the key drivers of IVD market. 

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Product-wise the in vitro diagnostic market is segmented into instruments, services, data management systems, reagents, and kits that are intended to diagnose and determine the state of health to mitigate, cure, prevent, or treat a particular disease. The Food and Drug Administration (FDA) classifies the IVD products according to regulatory control into Class I, II and III. Different techniques of carrying out IVD tests are molecular diagnostics, blood testing, diabetes testing, clinical chemistry, microbiological diagnostic techniques and flow cytometry. The tissue diagnostic market is expected to rise owing to the increasing incidents of lung and bronchus cancer, melanoma, and prostate breast cancer diagnosis. In 2013, Professional IVD products were the largest segment accounting for revenue of USD 36,117.3 million in 2013.

Electrolyte panel, basic metabolic panel, lipid profile, liver panel, renal profile, rapid tests, western blot, haematology, coagulation, haemostasis, microarray, hybridization, radioimmunoassay and specialty chemicals are the most commonly used technologies in the market. Applications of in vitro diagnostics include oncology, cancer, nephrology, cardiology, drug testing, autoimmune diseases, diabetes and infectious diseases. The IVD tests are being used by a wide range of customers including academic institutes, in point-of-care testing, patient self-testing, hospitals, and laboratories.

View all Related Reports from this Category: http://www.grandviewresearch.com/industry/healthcare 

Region-wise the global IVD market is segmented into various regions including North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In 2014, North America was the largest regional segment with about 43% market share owing to established distribution channels, extraordinary diagnostics in cancer screening, and prevalent disorders like respiratory diseases and genetic testing. IVD market in Europe follows the lead and is expected to rise on account of rising cases of cancer, tuberculosis and pneumonia. However, Asia Pacific and China will follow the IVD market trend owing to the rising population and increasing disposable incomes.

Prominent players dominating the global IVD market are Johnson and Johnson, Siemens Healthcare, Becton Dickinson, Roche Diagnostics, Abbott Laboratories, and Beckman Coulter Inc. Few other competitors are Ortho-Clinical Diagnostics, Inc., Danaher Corporation, Thermo Fisher Scientific, Sysmex Corporation, Bio-Rad Laboratories, Inc., and bioMérieux.
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-in-vitro-diagnostics-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Hydropower Industry Outlook 2020 by Market Segmentation, Market Size, Key Opportunities, and Drivers

The Global Installed Capacity For Hydropower is expected to reach 1,524 GW by 2020, according to a new study by Grand View Research, Inc. Cost advantages of hydropower based electricity generation and the substitution of fossil fuel based power production in an attempt to reduce carbon emission is expected to drive market demand. According to the estimates of the International Energy Agency (IEA), the deployment of sustainable hydropower as proposed by this organization will help avoid approximately one billion tons of annual carbon dioxide emission by 2050. 

Rapid rise in demand for renewable energy especially in China, India and Brazil and the construction of key hydropower projects including the installation of 32 turbines and the completion of the third phase of the Three Gorges Dam in China in 2012, will fuel the future growth of this market. Supportive regulatory framework for sustainable energy in the U.S. and European Union is also expected to have a positive impact on market demand. Implementation of favourable government regulations such as the Hydropower Regulatory Efficiency Act and Small Conduit Hydropower Development and Rural Jobs in the U.S. and growing number of funding programs pertaining to the renewable energy sector in developed countries such as Italy and Canada are some of the factors which are expected to present future growth opportunities. 

Access for full Detail of the Report@ http://www.grandviewresearch.com/industry-analysis/hydropower-industry

Further Key findings from the study suggest:

• Industrial applications dominated demand in 2012, accounting for over 40% of the global installed capacity. The global industrial applications market is expected to reach 694.41 GW in installed capacity by 2020.
• Asia Pacific is expected to be the most dominant regional market by 2020, with China expected to lead hydropower consumption. China is also expected to be the fastest growing market, at an estimated CAGR of 6.2% from 2013 to 2020, to reach an installed capacity of over 400 GW in 2020. The presence of an extensive amount of hydropower projects currently under construction will drive this market.
• Some of the prominent hydropower projects in China include the Baihetan dam (expected to be completed in 2019), the Wudongde and Xiangjiaba dam (expected to be completed in 2015) and the Xiluodo project.
• Key players of this market include GE Energy, Andritz AG, China Hydroelectric Corporation, China Three Gorges Corporation, American Hydro Corporation, Alstom Hydro, The Tata Power Company, ABB Ltd and others.

View all Related Reports from this Category: http://www.grandviewresearch.com/industry/renewable-energy 

For the purpose of this study, Grand View Research has segmented the global hydropower market on the basis of application and region:

• Hydropower Application Outlook,
        • Industrial 
        • Residential 
        • Commercial 
• Hydropower Regional Outlook,
        • North America
                • U.S.
        • Europe
                • UK
                • Spain
                • Germany
                • France
                • Italy 
        • Asia Pacific
                • India
                • China
                • Japan
        • RoW
                • Brazil
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-hydropower-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Connected Car Market Analysis 2013 and Forecast up to 2022

The Global Connected Car Market size is expected to reach USD 180.30 billion by 2022, according to a new study by Grand View Research, Inc. Surging consumer demand, constant need for connectivity, increased dependency on technology and the growing number of tech-savvy people are some of the factors expected to boost global connected car market growth.
Connected cars offer connectivity on wheels providing comfort, performance along with safety and security. Such an advanced technology enables the driver and passengers to connect with various online platforms that facilitate real-time communication on the go.

The connected car market has the potential to significantly boost revenues of automobile manufacturers over the next five to seven years. Car manufacturers are expected to deliver the right mix of application and product packages for the right customers, and must systematically invest in R&D if they are willing to maintain their technological leadership.
Increasing regulations by governments and transportation authorities for the installation of advanced safety and vehicle to vehicle communications systems are expected to positively impact industry growth.

Access for full Detail of the Report@ http://www.grandviewresearch.com/industry-analysis/connected-car-market

Further key findings from the study suggest:

• Safety applications dominated the global connected car industry, accounting for over 34% of the share in 2014. The inclusion of safety technologies such as danger warning systems, automatic emergency calling, blind spot alerts, anti-collision systems that prevent accidents in automobiles has made modern cars safer and accident-proof. This is expected to result in an overall reduction in road mishaps and accidents thus reducing the overall on road fatalities.
• Growing at a CAGR of over 31% from 2015 to 2022, driver assistance systems are expected to gain prominence over the forecast period. Recent advancements in driver assistances systems such as Volkswagen’s Emergency Assist, that automatically applies the brakes and stops a car in case of an emergency and BMW’s autonomous parking valet, that automatically parks a car even after the passenger’s exit have set benchmarks for driver assistance systems in the connected vehicle industry.
• Asia Pacific is expected to grow at a CAGR of over 29% over the forecast period due to considerable automobile demand in the region coupled with a relatively untapped market for sophisticated automotive communications in the region. Countries such as China and India are expected to drive the industry growth during the next seven years. Automobile manufacturers and technology giants across the world are striving hard to provide advanced vehicle management and safety technologies in the budget car segment as well. Regulation by the European department of transportation in association with the governments have mandated the installation of eCall emergence calling systems and other advanced telematics systems for safety purposes in all new vehicles manufactured after the year 2014.
• Technological and product innovations have driven the highly dynamic market. Industry participants include major automobile manufacturers and telecommunication giants such as Audi AG, Alcatel Lucent, Apple Inc, BMW, Ford Motors, and Google Inc. Manufacturers resort to mergers, acquisitions and strategic alliances with technological and network service providers as their key growth strategy to make their presence felt in the industry.

View all Related Reports from this Category: http://www.grandviewresearch.com/industry/automotive-and-transportation 

Grand View Research has segmented the global connected car market on the basis of application and region:

Connected Car Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Vehicle Management
• Driver Assistance
• Mobility Management
• Safety
• Entertainment
• Others

Connected Car Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-connected-car-market  
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Computerized Physician/Provider Order Entry (CPOE) Market Analysis 2013 and Forecast up to 2024

The Global Computerized Physician/Provider Order Entry (CPOE) Market is expected to reach USD 1.9 billion by 2024, according to a new report by Grand View Research, Inc. Government and other independent healthcare organizations are striving to streamline care delivery process with the prime objectives of bringing automation, reducing errors, and bringing an overall reduction in clinical decision time especially in the developed economies. CPOE provides a viable platform to support aforementioned objectives. Hence, promotion by government agencies as well as healthcare organizations is spurring the growth of the CPOE market. In addition, increasing incidence of medication errors, caused by poor legibility, communication, and patient misuse, favor the implementation of CPOE. Furthermore, consistent influx of technologically advanced systems such as integrated CPOE with added benefits such as inventory management and easy documentation, act as a vital driver of CPOE market growth.

Access for full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/computerized-physician-order-entry-cpoe-market

Further Key Findings from the Study Suggest:

• The computerized physician order entry (CPOE) services sub-segment dominated the component segment in 2015. Enhanced outsourcing of several services coupled with increasing involvement of the professional skills contributed to their growth as compared to CPOE hardware and software sub-segments. Moreover, outsourcing renders increased process efficiency along with development of core competencies and reduced costs.
• Integrated CPOE systems held a substantial share of more than 70.0% in 2015. Also, this segment is projected to witness lucrative growth over the forecast period, which can be attributed to their competent connectivity across various functionalities such as nursing, pharmacy, and procurement. 

• Web-based deployment delivery mode segment witnessed highest demand in 2015, increasing penetration of internet services and augmented digital literacy contributed to emergent demand for these services. 

• On the other hand, cloud-based delivery systems are anticipated to gain substantial market share over the forecast period.  These systems are facilitated with features such as remote data access and data security which render a competitive edge over other systems. 

• Hospitals led the end-use segment and are also expected to witness lucrative growth in the next 8 years. Greater volume of patients as compared to other end users is the prime factor responsible for high preference of hospitals thereby driving the market growth.  

• North America, especially the U.S., with its advanced healthcare systems and early adoption of several advanced technologies held a commanding share of more than 50.0% in the global CPOE market. Availability of supportive infrastructure and presence of leading market players in this region positively influenced this region’s growth. 

• Asia Pacific is projected to grow with a sturdy rate over the forecast period. Large target population base coupled with increasing preference for advanced technological platforms and high unmet needs present market players with the opportunity to invest in this region. 

• Some of the key players in this market include IBM, Oracle Corporation, SAS, Cerner Corporation, Allscripts, OptumHealth, and Verisk. The notable initiatives in the industry include new product launches, collaboration with government bodies, and investments in R&D. 

View all related Reports from this Category: http://www.grandviewresearch.com/industry/healthcare-it 

Grand View Research has segmented the global CPOE market on the basis of types, component, delivery mode, end use, and region:

Global CPOE Market by Type (USD Million), 2013 - 2024

• Integrated
• Standalone

Global CPOE Market by Component (USD Million), 2013 - 2024

• Software
• Hardware
• Services

Global CPOE Market by Delivery Mode (USD Million), 2013 - 2024

• On-Premises
• Web Based
• Cloud Based

Global CPOE Market by End Use (USD Million), 2013 - 2024

• Hospital
• Ambulatory Centers
• Physician’s Office
• Emergency Healthcare Centers

CPOE Market by Region (USD Million), 2013 - 2024

• North America
  • U.S.
  • Canada
• Europe
• UK
• Germany
• Japan
• China
• Brazil
• Mexico
• South Africa
• Saudi Arabia
• Asia Pacific
• Latin America
• MEA

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-computerized-physician-order-entry-cpoe-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Compressor Oil Market Analysis 2014 and Emerging Trends and Growth Prospects in 2025

The Global Compressor Oil Market is expected to reach USD 97.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period.

Various attributes of compressor oil such as cooling, sealing and lubricating the internal components which ensure continuous operation and helps in reducing downtime and repair is also expected to drive its demand. Moreover, these lubricants maintain the equipment temperature and therefore keep them cool.

The equipment heating results in higher power consumption and wear & tear of the machine. Cost optimization practices adopted by various manufacturing companies are also expected to drive demand for compressor oil. It is observed that organizations have been implementing continuous improvement projects to reduce power consumption & maintain continuous operational flow undertake good lubrication practices. 

Positive displacement based products are widely used in industries owing to their high performance and low maintenance cost. Therefore, the segment accounted for the majority of compressor oil consumed globally. Demand for positive displacement type is expected to develop at an approximate CAGR of 5.0% from 2016 to 2024.

Access for the Full Detail of Report@ http://www.grandviewresearch.com/industry-analysis/compressor-oil-market

Further key findings from the report suggest:

• Global compressor oil market demand was 6.80 million tons in 2015 and is expected to reach 10.44 million tons by 2024, growing at a CAGR of 4.9% from 2016 to 2024
• Synthetic was the leading base oil used in compressor oil and accounted for 43.2% of global volume in 2015. High performance associated with synthetic oils are expected to drive their demand over the forecast period.
• Increasing global awareness with respect to environmental issues is anticipated to drive the bio-based oil demand. The segment is anticipated to grow at an estimated CAGR of 5.1% from 2016 to 2024.
• Manufacturing and automotive sector together accounted for over half of the global demand in 2015. Energy industry is expected to capture around one-fifth of revenue share in 2024 with an approximate growth rate of 6% from 2016 to 2024.
• Asia Pacific is expected to observe the highest regional growth at an approximate CAGR of 5.6% owing to the rapid industrialization in emerging economies including China, India, and South Korea.
• Key players operating in the global industry are ExxonMobil, Royal Dutch Shell, Total S.A, Lukoil, British Petroleum, Chevron Corporation, BASF, The Dow Chemical, Sasol Limited, Sinopec Limited, Croda International and Fuchs Petrolub.

View all Related Reports from this Category: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives 

Grand View Research has segmented the compressor oil market on the basis of compressor type, base oil, end-use and region:

Global Compressor Oil Compressor Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Positive Displacement Compressor
• Dynamic Compressor

Global Compressor Oil Base Oil Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Synthetic
• Semi-Synthetic
• Mineral
• Bio-Based

Global Compressor Oil End Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Manufacturing
• Oil & Gas
• Power
• Automotive
• Others

Global Compressor Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• North America
  • U.S
  • Canada
  • Mexico
• Europe
• Germany
• UK
• France
• Spain
• Russia
• China
• India
• Japan
• South Korea
• Australia
• Saudi Arabia
• South Africa
• Kuwait
• Iraq
• Brazil
• Argentina
• Venezuela
• Asia Pacific
• Middle East and Africa
• Central & South America

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-compressor-oil-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com