Thursday 9 February 2017

Automotive Glass Market Report Provides an analysis of the industry trends in each of the Sub-Segments from 2014 to 2025

Global Automotive Glass Market size is expected to reach a market size of USD 28.93 billion by 2025, according to a new report by Grand View Research, Inc. Rapidly changing consumer demand has led to numerous advancements in the technology used in manufacturing. Increasing demand for sunroof over the past years has led to increase in utilization of the product.

The consumers’ high focus towards luxury is expected to propel innovation in vehicles. The automotive manufacturers now offer either built-in or optional sunroof systems, especially in mid and premium car segments. Value-added features and functions including electrically-switchable smart glass, water-repellent glass, and head-up display (HUD) have been developed in order to improve the energy efficiency and driving comfort & safety of the vehicles.

The high price of laminated glass coupled with high cost associated with the manufacturing of the product is likely to restrain the entry of new market players, thereby posing a significant challenge for the market over the forecast period. The majority of the manufacturers setup a float glass manufacturing facility near the production facility in order to ensure proper and timely supply of raw material. This increases the establishment cost for the manufacturers.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/automotive-glass-market


Further key findings from the report suggest:

  • Laminated glass is anticipated to witness significant growth over the forecast period as it is also being increasingly used in front side windows of the vehicles in order to increase the level of safety
  • Sidelite segment is expected to witness growth over the forecast period on account of increasing utilization of laminated glazing on the side windows particularly in Europe, Asia, and North America
  • Asia Pacific dominated the market in 2015 and is expected to witness the significant growth of over 7% from 2016 to 2024. The presence of numerous manufacturers including AGC, Fuyao Group, and NSG in the region is expected to have a positive impact on the market growth over the forecast period.
  • In August 2016, AGC Asahi Glass announced that its subsidiary, Asahi Automotive Europe, entered into a joint venture with Induver Holding, Morrocco. This venture led to the setup of company’s first product base in North Africa, thereby allowing ease in the supply of glass in the region.
View Blog on Automotive Glass Market by Grand View Research: http://www.grandviewresearch.com/research-insights/automotive-glass-market-insights-size-share

Grand View Research has segmented the global automotive glass market on the basis of product, application, end-use, vehicle type, and region:

Product Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 - 2025)

  • Tempered Automotive Glass
  • Laminated Automotive Glass
  • Other Automotive Glass
Application Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 - 2025)
  • Windscreen
  • Sidelite
  • Backlite
End-Use Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 - 2025)
  • OEM
  • ARG
Vehicle Type Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 - 2025)
  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
Regional Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 - 2025)
North America
  • U.S.
Europe
  • Germany
Asia Pacific
  • China
Latin America
  • Brazil
Middle East & Africa

 
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.
 
For more Information visit us: www.grandviewresearch.com

Automated Test Equipment Market Qualitative Analysis by Industry Overview, Trends, Market Dynamics and Drivers

Global Automated Test Equipment Market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favourably impact the market.

Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.

Access for full detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/automated-test-equipment


Further key findings from the study suggest:
  • Non-memory ATE dominated the global market and accounted for over 75% of the overall market share in 2013. This is primarily due to increased proliferation of smartphones into the market, expansion of Long Term Evolution (LTE) wireless communication standard, increased automotive demand, and growing number of microcontroller-based applications.
  • IT & telecommunication accounted for over 50% of the overall market share in 2013, which can be attributed to the proliferation of computers, smartphones and tablets in the market and increased emphasis on effective communication. Automotive application sector is expected to witness significant growth owing to increased integration of sophisticated electronic devices in automobiles.
  • Asia Pacific is expected to be the market leader over the next six years, and accounted for over 70% of the market in 2013, owing to the presence of large number of semiconductor industries in the region and rapid technological advancements. RoW is expected to witness significant growth over the forecast period.
  • Key industry participants include National Instruments Corp., LTX-Credence Corporation, Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co., SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde & Schwarz GmbH & Co. KG among others.
View all Related Reports from same Category: http://www.grandviewresearch.com/industry/electronic-devices

For the purpose of this study, Grand View Research has segmented the global Automated Test Equipment (ATE) market on the basis of product, application and region:

    • Automated Test Equipment Product Outlook (Revenue, 2012 – 2020)

            • Memory ATE
            • Non-memory ATE
            • Discrete ATE
    • Automated Test Equipment Application Outlook (Revenue, 2012 – 2020)
            • Automotive
            • Consumer
            • Defense
            • IT & Telecommunication
            • Others
    • Automated Test Equipment Regional Outlook (Revenue, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

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.
 
For more Information visit us: www.grandviewresearch.com

Automated Guided Vehicle (AGV) Market Segmentation and Scope 2015-2024

Automated Guided Vehicle (AGV) Market is expected to reach USD 1.5 billion by 2024, according to a new study conducted by Grand View Research, Inc. The growing focus on industrial automation, worldwide, is expected to contribute to the revenue growth.

The manifold advantages offered by AGVs, such as reduction in the operational cost, decrement in the production time, and enhanced workforce safety, are substantially energizing the industry growth prospects. These vehicles offer dynamic design solutions that pertinently replace the conventional conveyor systems and their associated high costs. Innovative technologies, such as laser, vision, and natural guidance, are instrumental in creating a high potential for the automated guided vehicle market growth. AGVs with such advanced wireless navigation technologies help in eliminating the need for expensive retrofitting, which is one of the primary factors behind their adoption.

This escalating demand for material handling equipment is projected to drive the market growth over the forecast period. Firms, operating in the warehouse businesses, are focusing on increasing spending on these vehicles to meet the growing demand for their services and to improve the efficiency of their operations.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/automated-guided-vehicle-agv-market


Further key findings from the study suggest:

  • The tow vehicles segment was valued at USD 297.3 million in 2015 and is expected to grow at a CAGR of 7.6% over the forecast period. Such vehicles have considerable demand due to their ability to move more loads with multiple trailers than a single fork truck. This segment is expected to be driven by its advantages such as planned computerized operations and increased employee safety.
  • The AGV market is technology-driven and the OEMs are focusing on enhancing the capabilities of their existing products. The natural navigation technology segment is anticipated to show a high potential, owing to its benefits, such as reduced infrastructure costs, as the natural navigation eliminates the need of reflectors and markers. The natural navigation technology segment was valued at over USD 18.4 million in 2015 and is expected to be the key navigation technology segment in the near future.
  • Based on application, the market is segmented into logistics, assembly and packaging. The assembly and packaging application segment is estimated to be a key segment over the next 8 years and is estimated to grow at a CAGR of 6.6% from 2016 to 2024.
  • The retail end-use industry is undergoing a rapid growth phase and is presumed to offer remarkable growth opportunities for the AGV market growth. The retail end-use industry is expected to reach USD 353.6 million by 2024.
  • The Asia Pacific region is estimated to be the key region and the market for AGV in this region was valued at over USD 320.6 million in 2015, and is expected to expand at a CAGR of 7.6% from 2016 to 2024. The regional growth is supported by the increasing manufacturing and logistics activities in the emerging countries such as China and India. For instance, Amazon.com, Inc. has deployed several Kiva AGVs, at its Chinese warehouse, to effectively manage its logistics activities.
  • The key vendors dominating the industry include Swisslog Holding AG, Egemin Automation, Inc., Bastian Solutions, Inc., Daifuku Co., Ltd., Dematic Corp., JBT Corporation, Seegrid Corporation, Toyota Industries Corporation, Hyster-Yale Group, Inc., Baylo, Inc., EK Automation, Kollmorgen, and KMH Systems, Inc.
View blog on Automated Guided Vehicles (AGV) by Grand View Research: http://www.grandviewresearch.com/blog/automated-guided-vehicles-agvs-material-handling-made-easy

Grand View Research has segmented the AGVs market based on type, navigation technology, application, end-use industry, and region:

AGVs Type Outlook (Revenue, USD Million, 2014 - 2024)

  • Tow vehicle
  • Unit load career
  • Pallet truck
  • Forklift truck
  • Others
AGVs Navigation Technology Outlook (Revenue, USD Million, 2014 - 2024)
  • Laser guidance
  • Magnetic guidance
  • Natural navigation
  • Vision guided
AGVs Application Outlook (Revenue, USD Million, 2014 - 2024)
  • Logistics
  • Assembly and packaging
AGVs End-use Industry Outlook (Revenue, USD Million, 2014 - 2024)
  • Automotive
  • Food and beverage
  • Aerospace
  • Healthcare
  • Retail
AGVs Region Outlook (Revenue, USD Million, 2014 - 2024)
North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
Asia Pacific
  • China
  • India
  • Japan
Latin America
  • Brazil
The Middle East and Africa

 
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.
 
For more Information visit us: www.grandviewresearch.com

Ground Handling System Market Competitive Analysis by Financial Performance, Company Profile, Product and Latest Strategies

Global Ground Handling System Market size is expected to reach USD 189.09 billion by 2022, according to a new report by Grand View Research, Inc.

The substantial growth prospects of the aircraft ground handling system market can be attributed to a global increase in the passenger and cargo air traffic. Support by several governments worldwide and the local airport authorities are also stimulating the industry growth. Aviation and local airport authorities regulate the operations of handling equipment related to the safety of airliners, passengers, and the cargo to be transported.

The multi-billion-dollar expansion of airline fleets and airports globally has set off significant growth prospects for the aircraft handling industry players. Both, airlines operators and airports are focused on procuring and implementing advanced technologies to meet the rising air traffic and ensuring greater profitability, performance, and efficiency amidst stiff competition.
An emerging trend in the industry is the use of renewable energy sources to power equipment. Biogas-powered snow removal equipment, which is an eco-friendly approach, is being developed increasingly to carry out snow removal at airports. Furthermore, with the integration of IT in ground support operations, companies are increasingly developing innovative ground support software to address the specific needs of handlers.

However, high initial and replacement costs for such equipment are presumed to challenge market growth over the forecast period. Advanced and innovative ground support equipment that is sustainable is comparatively expensive and cuts into the profit share of major commercial airline companies.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/ground-handling-system-market


Further key findings from the report suggest:

  • Aircraft support equipment accounted for over40% of the overall market share in 2014 and is poised for significant growth over the next seven years. The growth in this segment can be attributed to increasing global airline fleets at the airport, and increased prominence of air travel.
  • Baggage and cargo handling service segment is anticipated to witness substantial growth over the forecast period, growing at a CAGR of over 10% from 2015 to 2022. The growth in baggage and cargo support service is dependent upon the increase in the number of commuters using air travel, and an increase in air cargo transport.
  • Projected to grow at an estimated CAGR of over 10%, from 2015 to 2022, ramp support service is expected to witness significant growth over the next seven years. The growth in ramp handling service segment can be attributed to increasing demand for passenger movement, aircraft towing, parking assistance, and aircraft marshalling.
  • The ground handling system market in Asia Pacific accounted for over 25% of the overall market share in 2014 and is presumed to witness significant levels of growth over the forecast period. India and China are expected to incorporate considerable opportunities for regional industry growth, due to increasing urbanization, large population, eventually leading to extensive domestic traveling.
  • The Middle East regional market is presumed to witness substantial growth over the forecast period, growing at a CAGR of close to 9% from 2015 to 2022. The region incorporates significant growth potential owing to a surge in aviation activities in the form of expansion, modernization, and domestic air travel.
View all related Reports from same Category: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global ground handling system market on the basis of equipment, service, and region:

Ground Handling System Equipment Outlook (Revenue, USD Billion, 2012 - 2022)

  • Aircraft handling
  • Baggage & cargo handling
  • Passenger handling 
Ground Handling System Service Outlook (Revenue, USD Billion, 2012 - 2022)
  • Aircraft handling
  • Baggage & cargo handling
  • Passenger handling
  • Ramp handling
  • Others 
Ground Handling System Regional Outlook (Revenue, USD Billion, 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

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.
 
For more Information visit us: www.grandviewresearch.com

Air Traffic Control Equipment Market Qualitative Analysis by Industry Overview, Trends and Restraints

Global Air Traffic Control (ATC) Equipment Market is expected to reach USD 4.23 billion by 2020, according to a new study by Grand View Research, Inc. Need for construction of new airports, and expansion & modernization of the existing ones to address increasing passenger & freight traffic is expected to increase air traffic control equipment demand. Advancements in microelectronics have provided ample growth opportunities for the air traffic control equipment market and further innovations in the domain are expected to buoy market growth over the forecast period.

Owing to continuous need for monitoring air traffic, interruption in the activity is not feasible which makes replacement of obsolete ATC equipment a cumbersome task. In order to maintain the flow of traffic monitoring, new equipment is operated in parallel with the existing one before the latter is phased out completely, which poses a challenge to air traffic control equipment market growth.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/air-traffic-control-equipment-market


Further key findings from the study suggest:

  • The communications air traffic control equipment market accounted for a high revenue share in 2013 and the trend is expected to continue throughout the forecast period owing to increased need for replacement of obsolete equipment with new ones equipped with enhanced digital data communication.
  • The military aircraft segment is expected to witness high demand throughout the forecast period owing to the mission-critical nature of the domain. In October 2014, Aquila, a joint venture between Thales and NATS was awarded a USD 2.36 billion contract by the UK Ministry of Defense (MOD) for transforming terminal air traffic management at military airfields.
  • Europe and North America were the major air traffic control equipment regional markets in 2013, which can be attributed to increased government efforts pertaining to securing air traffic and aircraft. Asia Pacific is expected to witness high growth due to increased initiatives for efficient infrastructure.
  • Leading players in the air traffic control equipment market have emphasized heavily on the enhancing equipment reliability to address minimum tolerance levels. Incorporation of effective collision avoidance system in ATC equipment is expected to be a key focus area for countering increased air traffic. Manufacturers and developers upgrade landing and navigation aids periodically to maintain safety and improve efficiency.
View all Related Reports from same Category: http://www.grandviewresearch.com/industry/communication-services

For the purpose of this study, Grand View Research has segmented the global air traffic control equipment market on the basis of product, application and region:

Air Traffic Control Equipment Product Outlook (USD Million, 2012 – 2020)

    • Communications Equipment
    • Navigation Equipment
    • Surveillance Equipment
Air Traffic Control Equipment Application Outlook (USD Million, 2012 – 2020)
    • Commercial Aircraft
    • Private Aircraft
    • Military Aircraft
Air Traffic Control Equipment Regional Outlook (USD Million, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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.
 
For more Information visit us: www.grandviewresearch.com

Agriculture Drone Market Qualitative Analysis by Market Size, Trends, and Restraints

Global Agriculture Drone Market is expected to reach USD 3,770.0 million by 2024, according to a new report by Grand View Research, Inc. The increasing technological advancements in equipment and for enhancing the quality of the farming techniques have led to the increased implementation of agriculture drones in the market.

Increasing automation in the agriculture process, owing to the labour crisis, such as lack of skilled farmers, aging farmers, is also expected to positively impact the market growth. A favourable shift in the regulatory policy is also expected to allow start-ups to operate in small and large farming operations and aid in disease & water management.

Innovations in the GPS mapping field coupled with the advancements in precision agriculture are expected to propel the industry growth over the forecast period. Drones have the potential to implement better plantation with crop rotation strategies and give crucial inputs related to the daily progress of crops which is further contributing to the growth.

The companies operating in the industry are designing and manufacturing systems that are collecting the data and are incorporating them into business models. which is further anticipated to enhance the industry growth. The data gathered from drones help the farmers to improve yields; supply water, fertilizer, or chemical when needed, and are also able to map their fields, check for signs of disease, monitor crop health, and save time in the process.

The scarcity of trained pilots for operating the drones may impact the market growth, although the market is expecting to overcome the scarcity, gradually, with the increasing applications of the drone.

Access for Full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/agriculture-drones-market


Further key findings from the report suggest:

  • The fixed wing agriculture drone is expected to remain as a key revenue generating segment over the forecast period. The hybrid agriculture drones are anticipated to witness enormous growth in the next 8 years, owing to their ability to carry heavy weights and hover over fields.
  • The crop scouting application is anticipated to drive the market growth over the forecast period, with the increasing application of crop spraying, which will further increase the yields and reduce the wastage of pesticides & fertilizers and crops.
  • The North America agriculture drones market is expected to remain the key revenue generating region with a prevalent share of the industry. The increasing adoption of the drones, in various applications including spraying, seeding, and livestock farming, has led to the enormous market share.
  • The Asia Pacific agriculture drone market is anticipated to witness a significant growth over the forecast period, owing to the increasing investments in R&D in the region.
  • The key players in the agriculture drone market include DJI Technology, Trimble Navigation Ltd., PrecisionHawk, Parrot SA, and 3D Robotics
View Blog on Agriculture Drone Market by Grand View Research Report: http://www.grandviewresearch.com/blog/agriculture-drones-the-future-of-farming

Grand View Research has segmented the agriculture drone market based on product type, application, and region:

Product Outlook (Transaction Revenue, USD Billion, 2014 - 2024)

  • Fixed wing
  • Rotary blade
  • Hybrid
Application Outlook (Transaction Revenue, USD Billion, 2014 - 2024)
  • Field mapping
  • Variable rate application
  • Crop scouting
  • Others
Regional Outlook (Transaction Revenue, USD Billion, 2014 - 2024)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

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.
 
For more Information visit us: www.grandviewresearch.com

Structural Biology & Molecular Modeling Techniques Market Report Forecasts Revenue Growth and Industry Trends 2014-2025

Structural Biology & Molecular Modeling Techniques Market is expected to reach USD 13.1 billion by 2025, according to a new study by Grand View Research, Inc. An unprecedented rise in the adoption of unhealthy lifestyles has led to an upsurge in the prevalence of chronic diseases, such as diabetes and cancer, which is presumed to propel the structural biology & molecular modeling techniques market during the forecast period.

Moreover, increasing drug resistance coupled with the high drug attrition rate is engendering the requirement for extensive R&D activities, which is presumed to boost the adoption of structural biology & molecular modeling techniques in the drug discovery and development process. This is expected to serve as an efficient approach in fast tracking the development of drugs with high potency.
The heightening demand for molecular modeling techniques is predominantly attributable to the significant cost reduction enabled. 

This is due to the fact that prediction software identifies possible adverse reactions and determines drug efficacy and toxicity in the pre-clinical stages, thereby reducing the probability of drug failure at the later stages. Consequentially, the aforementioned factors serve as prominent reasons responsible for the widened market demand.

Access for Full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/structural-biology-and-molecular-modeling-technique-market


Further key findings from the study suggest:

  • SaaS & standalone modeling held the largest share of the tools segment in 2015 owing to extensive utilization of computer-assisted structuring and modeling techniques in R&D
  • The drug discovery segment is anticipated to grow at a lucrative CAGR owing to continual introduction of software modifications with focus on enhanced drug designing aimed to accelerate the process in identifying novel therapeutic agents
  • In 2015, North America dominated the global structural biology & molecular modeling techniques market owing to the presence of a wide number of established pharmaceutical companies extensively involved in the commercialization of in silico tools to promote their usage
  • Asia Pacific is expected to grow at an exponential CAGR owing to favorable government initiatives supporting research activities and the increasing trend of outsourcing drug development by the developed economies
  • The key participants are employing clinical and research collaborative strategies promoting the adoption of structural prediction software and databases to gain a competitive advantage
View Blog on Structural Biology and Molecular Modeling Techniques Market from Grand View Research: http://www.grandviewresearch.com/blog/structural-biology-molecular-modeling-techniques-market-size-trends

Grand View Research has segmented the structural biology & molecular modeling techniques market on the basis of tools, applications, and region:

Tools Outlook (Revenue, USD Million, 2014 - 2025)

  • SaaS & standalone modeling
    • Homology modeling
    • Threading
    • Molecular dynamics
    • Ab Initio
    • Hybrid
    • Others
  • Visualization & analysis
  • Databases
  • Others
Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Drug development
  • Drug discovery
  • Others
Regional Outlook (Revenue, USD Billion, 2014 - 2025)
North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
Asia Pacific
  • Japan
  • China
  • India
Latin America
  • Mexico
  • Brazil
MEA
  • South Africa
 
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.
 
For more Information visit us@ www.grandviewresearch.com

Palm Oil Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2012-2022

In 2014, Global  Palm Oil Market  was valued at USD 61.09 billion.  The market is poised for growth owing to the increasing demand from th...