MARKET RESEARCH ANALYTIC REPORTS FOR ALL INDUSTRY

Monday 27 February 2017

Stevia Market Forecasting Report Include Regulatory Scenario and Expected Developments

Global Stevia Market is expected to reach USD 556.7 million by 2024, according to a new report by Grand View Research, Inc. Stevia is used in beverages, food, pharmaceuticals and table top sweeteners on account of its superior properties such as higher levels of sweetness without affecting blood pressure. This factor is projected to have a positive impact on the overall sugar sweetener market over the forecast period.

Increasing penetration of stevia in the beverage segment, especially in carbonated drinks, will be a crucial factor determining the growth of the industry over the forecast period. Major health concerns related to sugar consumption and the rising prices of sugar has also influenced consumers to look into various alternatives which have helped in promoting demand for the sweetener over the past few years.

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

Further key findings from the report suggest:

The food sector is expected to remain a potential segment for growth owing to increasing application of stevia as a sweetening agent in chocolates, baked foods, biscuits, soft drinks, candies, soda and jams. It is expected to be the second largest segment in the global market accounting for 25.5% in terms of volume in 2015.
The beverage segment is projected to witness the fastest volume growth at a CAGR of 5.8% from 2016 to 2024. Several soft drink manufacturers are introducing products containing stevia, for health conscious consumers and diabetic patients. Rising consumer awareness regarding the benefits of stevia on account of strategic marketing by manufacturers is expected to drive the growth of the market over the forecast period.
Stevia is increasingly being used in herbal medicines and tonics for patients suffering from diabetes. The antibacterial and anti-fungal properties of stevia leaves is yet to realize its full potential and will remain a major factor in influencing growth over the next eight years.
Asia Pacific is expected to foresee a volume growth at a CAGR of 5.7% from 2016 to 2024. This increase is attributed towards the growing demand from the food & beverage industry in the emerging markets including China and India. Furthermore, South Korea and Japan have a higher adoption rate of stevia-based compounds and have made a positive impact on the overall industry.
Major stevia manufacturers include PureCircle Ltd, GLG Life Tech Corp, Stevia Corporation, Stevia First Corporation and Evolva Holding S.A. Some other key players include Cargill Inc, Ingredion Inc., and Tate & Lyle Plc. In July 2016, PureCircle Ltd. invested USD 100 million in developing the stevia agronomy program.

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Grand View Research has segmented the global stevia market by application, and region:

Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

Beverage
Food
Pharmaceuticals
Table top sweeteners
Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

North America
- U.S.
Europe
Germany
China
Japan
South Korea
Brazil
Asia Pacific
Latin America
Middle East & Africa (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

Stretch and Shrink Film Market Estimates and Forecast up to 2024 by Raw Material Manufacturer, Suppliers, and Vendors

Global Stretch and Shrink Film Market is expected to reach USD 18.46 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the light-weight material for industrial packaging is expected to drive growth for the product over the forecast period. The demand is expected to be driven by superior packaging properties such as improved printability, easier application and robust package sealing capabilities of the films.

The introduction of superior shrink and stretch film materials such as linear low-density polyethylene (LLDPE), extended polyethylene (EPE) and High-Density Polyethylene (HDPE) is expected to further strengthen the pallet holding abilities of the films. In addition, the development of bio-degradable stretch and shrink films by the leading manufacturers in a bid to counter the challenges of film disposal is expected to drive the demand over the next eight years.

The low weight of the product results in a substantial decrease in the transportation cost thereby elevating the profit margins, resulting in the higher adoption of such packaging materials by the leading end-use industries.

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

Further key findings from the report suggest:

LLDPE is expected to witness robust growth, growing at a CAGR of over 5% from 2016 to 2024. The demand for LLDPE was driven by superior pallet unitization characteristics of the LLDPE shrink films. The LLDPE resin based stretch films are expected to grow owing to the increased damage resistance during product transportation.
Stretch and shrink film hoods are expected to register highest growth rate, growing at a CAGR of more than 5% from 2016 to 2024. The growth is expected to be driven by increasing demand for hoods in industrial packaging and consumer goods packaging. Also, ease of packaging achieved by stretch and shrink film hoods are is expected to drive the demand for the product over the forecast period.
Sleeves and labels accounted for over 40% of the global shrink films market in 2015 and are expected to witness robust growth on account of rising demand for the product in the beverage industry. Also, easier product marketing and branding owing to the ease of application of the labels onto the bottle is expected to attract major beverage manufacturers towards the product segment.
Food and beverages application accounted for 40% of the overall revenue driven by the increasing demand for high strength, low weight packaging materials. In addition, ease of packaging material sterilization is expected to drive the demand for stretch films for food packaging.
The demand for the industry in Asia Pacific was valued at over USD 4 billion in 2015 owing to rapid growth of the application industries such as food & beverage and consumer goods. In addition, growing import and export activities by the developing economies such as India and China are expected to drive the demand for low weight packaging material for pallet unitization of industrial goods.
Major industry players resort to mergers & acquisitions (M&A) as well as capacity expansions to cater to the growing demand. Furthermore, companies including Sigma Plastics Group and Berry Plastics Corporation have acquired companies to expand their market presence.

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Grand View Research has segmented the stretch and shrink film market on the basis of resin, product, application and region:

Resin Outlook (Revenue, USD Million, 2013 - 2024)

LLDPE
LDPE
PVC
Others

Product Outlook (Revenue, USD Million, 2013 - 2024)

Hoods
Sleeves and labels
Wraps

Application Outlook (Revenue, USD Million, 2013 - 2024)

Food & beverage
Industrial packaging
Consumer goods
Pharmaceutical

Regional Outlook (Revenue, USD Million, 2013 - 2024)

North America
- U.S.
Europe
Germany
UK
China
Japan
India
Brazil
South Africa
Asia Pacific
Latin America
Middle East & Africa

Substation Automation Market Estimates and Forecast up to 2024 by Technology Distributors, Vendors, and Leading Participants

Global Substation Automation Market size is expected to reach USD 185.80 billion by 2024 according to a new report by Grand View Research, Inc. The increasing requirement for operation efficiency, improved quality, increased production, high uptime, and ease of monitoring and controlling the industrial process are factors that are expected to contribute to the industry growth.

The growing advancements in the smart grid technology are increasing the scope for SCADA systems. The primary factors leading to the rising adoption of the smart grid technology include improved reliability, efficiency, and sustainability of the existing power systems. They are widely used in automation technologies, which actively monitor transmission and distribution grids.

The energy and power utilities are focusing on minimizing the distribution and transmission losses, which has resulted in the increasing deployment of substation automation, driving the industry growth. Moreover, utilities across the world are facing a high requirement for improved electric service reliability and stability. They are focusing on improving the resiliency of the grid, which is contributing toward the high industry demand.

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

Further key findings from the report suggest:

Programmable Logic Controllers (PLCs) are expected to witness a considerable growth at a CAGR of nearly 3% over the forecast period owing to the technological advancements. Developments such as miniaturization, low cost, and improved power have led to an increased adoption of PLC systems. Moreover, the surge in the technology and pricing innovation in the PLC industry, owing to the intense competition among the tier-one companies and rising customer demand, is anticipated to drive the industry over the forecast period.
Furthermore, the communication channel segment is expected to witness an extensive growth at a CAGR of over 9% from 2016 to 2024. The rising demand for advanced communication capabilities to communicate across remote areas with an improved overall efficiency of power utilities is the major factor boosting the segment growth.
The SCADA segment is estimated to grow at a considerable CAGR of over 9% from 2016 to 2024, owing to the increasing advancements in the smart grid technology. The primary factors leading to the rising adoption of the smart grid technology include improved reliability, efficiency, and sustainability of the existing power systems. The rising demand for the multi-touch SCADA technology across verticals such as industrial and manufacturing is further expected to spur the industry growth over the forecast period.
Copper wire communication was a prominent communication channel, accounting for a revenue share of around 42% in 2015. The copper wire communication has observed a high adoption owing to the low initial cost of copper base metal. However, it is anticipated to lose market share due to the emergence of advanced communication platforms, such as the Ethernet and optical fiber communication. The optical fiber communication segment is expected to grow at a CAGR of nearly 10% over the next eight years. The optical fiber used in the substation automation provides advantages such as immunity to EMI/RFI; secure data communications, and a higher bandwidth that supports higher data rates over long distances.
North America dominated the market with a significant revenue share of over 32% in 2015. However, emerging countries such as China and India are anticipated to drive the substantial demand in this region, owing to the increasing demand for energy efficiency and smart power infrastructure. The automation technology has become an integral part of the power systems worldwide. It is expected to drive power transmission and distribution, contributing to the market growth. Europe is anticipated to witness a considerable growth owing to the increasing demand for smart grid solutions in Western Europe.
The key industry players include ABB Ltd., Cisco Systems, Inc., Crompton Greaves Ltd., Eaton Corporation Plc., General Electric Company, Larsen & Toubro Limited, Siemens AG, Schneider Electric SE, Trilliant Holdings, Inc., and Venson Electric Pvt. Ltd. The manufacturers in the market are investing profoundly in developing advanced solutions and focusing on the potential opportunities in the industry.

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Grand View Research has segmented the global substation automation market on the basis of component, module, communication channel, and region:

Substation Automation Component Outlook (Revenue, USD Million, 2014 - 2024)

Recloser controller
Programmable logical controller
Capacitor bank controller
Digital transducer/smart meter
Load tap controller
Communication channel
Digital relays
Others

Substation Automation Module Outlook (Revenue, USD Million, 2014 - 2024)

SCADA
IEDs
Communication network

Substation Automation Communication Channel Outlook (Revenue, USD Million, 2014 - 2024)

Ethernet
Power line communication
Copper wire communication
Optical fiber communication

Substation Automation Regional Outlook (Revenue, USD Million, 2014 - 2024)

North America
Europe
Asia Pacific
Rest of the World

Asia Pacific Sugar Substitutes Market Demand was valued over USD 2.0 billion and is anticipated to witness highest CAGR of over 6.0% from 2016 to 2024

Global Sugar Substitutes Market is expected to reach USD 19.10 billion by 2024, according to a new report by Grand View Research, Inc. Rising health conscious population coupled with increasing disposable income and growing consumption of low calorie and healthier food & beverages are the key driving forces propelling market growth.

The market is witnessing increasing incorporation of sugar substitutes into the health & personal care products which is expected to drive demand over the forecast period. Rising prevalence of health problems including obesity and diabetes along with fluctuating sugar prices hampering supply is anticipated to fuel sugar substitutes market growth.

Sugar substitutes are majorly used in the form of sorbitol, tagatose, and aspartame saccharine in health care, cosmetics, and food & beverage industry. Gaining importance of artificial sweeteners in the formulation of confectioneries, bakery, dairy, and frozen foods would have a strong impact on market growth over the next eight years.

Beverage manufacturers such as Coca-Cola Company have pursued their efforts on developing calorie-free substitutes, filed for patents to the FDA in relation with herb called stevia, which is used to impart sweetening characteristics to food and drinks. These developments are expected to facilitate other market players to incorporate these activities into their R&D portfolio and would open new market avenues over the forecast period.

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

Further key findings from the report suggest:

Beverages segment accounted for over 40% of global volume in 2015. This segment is expected to grow on account of growing demand for high-intensity sweeteners in alcoholic beverages, especially from developed economies such as North America and Europe. Additionally, sugar substitutes are gaining popularity as an additive in carbonated soft drinks for taste enhancement and calorie reduction.
Low-intensity sweeteners segment is expected to grow at a CAGR of over 5.0% from 2016 to 2024. Low-intensity sweeteners are an ideal substitute for sugar due to its superior functional properties. Growing demand from food & beverage industry will positively impact the growth of this segment in the near future.
Among applications, beverages segment dominated the global sugar substitutes market. However, food segment is anticipated to witness highest CAGR from 2016 to 2024. This is attributed to growing awareness among health conscious population and shifting consumer preferences to low-caloric food products.
North America market is expected to grow at a CAGR of 2.8% from 2016 to 2024. North America and Europe is expected to continue its dominance jointly in sugar substitutes market through continuing to invest in research and development activities and natural alternatives potential.
Demand forsugar substitutes in Europe was valued at over USD 2 billion in 2015. Germany is one of the major countries accounting for over 50% of European sugar substitutes market. Germany is Europe's leading location for food & beverage industry and second biggest in terms of medical technology production and medical services provider across the globe.
Leading market players including DuPont, Cargill, ADM, and Tate & Lyle are channelizing their efforts into the development of new products through significant R&D investments, utilizing advanced technologies to manufacture superior quality and cost-effective products. The key companies are also striving to raise awareness among consumers regarding the ambiguity with the sugar substitutes consumption, while strictly adhering to the international quality standards.

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Grand View Research has segmented the global sugar substitutes market on the basis of product, application, and region:

Global sugar substitutes product outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

High intensity sweeteners
Low intensity sweeteners
High fructose syrup

Global sugar substitutes application outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

Food
- Bakery & Confectionery
- Dairy
- Others
Beverages
Others

Global sugar substitutes regional outlook (Volume, Kilotons; Revenue, USD Million, 2013 - 2024)

North America
- U.S.
Europe
Germany
China
Japan
Brazil
Asia Pacific
Latin America
Middle East & Africa

Synthetic Lubricants Market Outlook 2016-2024 by Regulatory Scenario and Expected Developments

Global Synthetic Lubricants Market is expected to reach USD 23.45 billion by 2024, according to a new report by Grand View Research, Inc. The rapidly expanding automotive industry, coupled with rising popularity of synthetic lubricants for automobile applications is projected to propel the market especially in countries such as South Korea, Brazil, and China.

Synthetic lubricants provide numerous benefits when used for automotive applications such as excellent thermal stability and low friction. Rising awareness regarding the advantages of the product, as opposed to its mineral counterparts, will augment industry growth over the forecast period. A major application of synthetic lubricants is their use as heat transfer fluids in heavy machinery and heat exchangers. Rising industrial sector in Asia Pacific countries will propel product demand over the forecast period.

Increasing R&D investment by companies for the introduction and development of improved grades is expected to fuel demand over the next eight years. However, low cost of mineral oils may reduce synthetic oil demand thus hampering industry development over the forecast period. Technological innovations related to anti-slip and flow properties of these products is expected to have a positive impact on the market over the forecast period.

Access for full Detail of Report and Complete ROC: http://www.grandviewresearch.com/industry-analysis/synthetic-lubricants-market

Further key findings from the report suggest:

The global synthetic lubricants market demand was around 3,821.8 kilo tons in 2015 and is projected to reach 4,900.1 kilo tons by 2024 growing at a CAGR of 2.8% from 2016 to 2024.
PAO (Group IV) based synthetic lubricants was estimated at over 2,000.0 kilo tons. The compatibility of other mineral oils with synthetic oils is anticipated to be a major driver propelling the market. Although ester and PAG-based oils offer significantly better properties in comparison to PAO based oils, they are relatively more expensive which has thus resulted in lower market demand.
Engine oil was the largest application segment valued over USD 6,000.0 million in 2015. Rising need for high fuel economy coupled with growing demand for high-quality gear and motor oils is expected to have a positive impact on the market over the forecast period.
Asia Pacific is expected grow at a CAGR of over 3.0% from 2016 to 2024 on account of the growing industrial and automobile markets in the region. Furthermore, the European region witnessed the highest growth over the past few years on account of its large automotive manufacturing base in Germany.
The synthetic lubricants market is fragmented with few manufacturers investing heavily in R&D to gain a greater share of the market. Rising expenditure on the development and introduction of fire-resistant type hydraulic fluids and food grade oils is expected to be one of the critical success factors over the forecast period. Prominent market players include British Petroleum, Valvoline, Chevron, Shell, Exxon Mobil and Total.

Browse Blog on Related Reports from Same Category: http://www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the global synthetic lubricants market on the basis of product, application and region:

Synthetic Lubricants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

PAO
Esters
PAG

Synthetic Lubricants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

Engine Oil
Heat Transfer Fluids (HTF)
Transmission Fluids
Metalworking Fluids
Others

Synthetic Lubricants Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

North America
- U.S.
Europe
Germany
UK
China
India
Brazil
U.A.E
Asia Pacific
Latin America
MEA

Orthopedic Navigation System Market Segmentation on the basis of Application, and Region

Global Orthopedic Navigation System Market is expected to reach USD 303.7 million by 2025, according to a new study by Grand View Research, Inc. Increasing geriatric population prone to orthopaedic diseases is a key contributing factor propelling the demand for orthopedic navigation systems over the forecast period. Osteoarthritis and osteoporosis are most common disorders in the population aged 70 years and above. Growing prevalence of these disorders results in increased economic burden on many countries.

According to the WHO, 9.6% of men and 18% of women are suffering from various forms of arthritis globally. Over 82% of people suffering from osteoarthritis have difficulty in movement and around 25% are not able to perform daily activities. Degenerative joint disorders affect majorly knee, hip, and ankle. Knee and hip replacement procedures are performed in 85% of patients suffering from osteoarthritis. Other factors include physical inactivity, obesity, unhealthy lifestyle, and injuries.

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

Further key findings from the study suggest:

Rising demand for computer-assisted orthopaedic surgery due to associated advantages such as low recovery time and shorter hospital stay are anticipated to fuel the industry growth
Knee navigation systems held the largest market share in 2016 owing to increased adoption by healthcare professionals and ample availability of products
Asia Pacific regional market is anticipated to witness lucrative growth due to rising incidence of orthopaedic disorders and awareness levels amongst consumers regarding benefits of minimally invasive surgery
High economic development is boosting medical tourism in countries, such as India and China, which is expected to drive the growth by increasing the buying capacity of consumers
The market is moving toward consolidation; as large pharmaceuticals are focused on strategic acquisitions of smaller companies to gain competitive advantage in coming years
Companies are striving to gain revenue share via new product development, geographic expansion, and partnership alliances
For example, Brainlab and De Puy Synthes entered into an extended collaboration for providing effective spine alignment treatment via navigation system
Key players such as Biomet, Orthokey Italia, Brainlab, Stryker, and De Puy dominate the market and hold more than 70% of the revenue share as of 2016
The market is highly competitive in nature as major players are focusing towards the product innovation strategies due to changing need of healthcare establishments, surgeons and patients
For example, in May 2015, Medtronic announced that StealthStation, a surgical navigation technology has received approval from the U.S. FDA for expanded use of the same in other surgical procedures apart from neurosurgery

View Blog on Orthopedic Navigation System Market by Grand View Research: http://www.grandviewresearch.com/blog/orthopedic-navigation-system-market-size-share

Grand View Research has segmented the orthopaedic navigation system market on the basis of application and region:

Orthopaedic Navigation System Application Outlook (Revenue, USD Million, Volume, 000’ Units, 2014 - 2025)

Spine
Hip
Knee

Orthopedic Navigation System Regional Outlook (Revenue, USD Million, Volume, 000’ Units, 2014 - 2025)

North America
- U.S.
- Canada
Europe
UK
Germany
Japan
China
India
Mexico
Brazil
South Africa
Asia Pacific
Latin America
MEA

Smart Transportation Market Quantitative Analysis by Market Revenue Estimates and Forecast up to 2024

Global Smart Transportation Market is estimated to reach a market size of USD 285.12 billion by 2024, according to a new study by Grand View Research, Inc. The growing number of on-road vehicles and the ineffective existing transport infrastructure will drive the need for an efficient management system. Favourable government initiatives toward building a better infrastructure and running the transport system smoothly are expected to boost the industry growth.

Increasing investments in the smart city product is anticipated to open new avenues for growth in the coming years as smart transportation is an integral part of the smart city. The growing government focus to reduce greenhouse gas emission and rising traffic congestion is anticipated to drive the industry growth over next eight years. The growing number of government mandates by the European Union (EU) and Directive on Intelligent Transport System is also anticipated to favour the industry growth over the forecast period.

The requirement of a huge capital for replacing the existing infrastructure with the smart technological advanced system is expected to hinder the industry growth. The long downtime for replacing the existing system may also pose a challenge to its growth and will affect the daily commutation activities.

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

Further key findings from the study suggest:

Key solutions available in the market include the ticketing management system, parking management system, integrated supervision system, and traffic management system. The integrated supervision system is used for reducing traffic blocks, minimizing accidents, and providing better safety measures and holds high growth potential.
Key services include cloud service, business service, and professional service. The cloud service segment is anticipated to witness a surge in the demand, owing to the requirement for the storage of data generated through these systems.
Professional service vendors offer consulting services and may witness an increase in the demand over the next eight years, owing to the requirement of services for upgrading the existing infrastructure.
The North American region accounted for over 27% of the global revenue share in 2015 and Asia Pacific is estimated to be the fastest-growing segment, offering lucrative growth opportunities for the industry players. The increasing concentration of leading vendors for expansion and technological advancement in this region is expected to favor the regional growth over next eight years.
The European Union (EU) and government initiatives towards enhancing transport infrastructure are also expected to favor the European market growth. The Middle East is anticipated to witness an upsurge in the demand, owing to the increasing government investment in the transport infrastructure.
Key industry participants include Accenture PLC, Alstom, SA, Cisco System, Inc., Cubic Corporation, General Electric Company (GE), Indra Sistema S.A., International Business Machine (IBM) Corporation, Kapsch, LG CNS Corporation, and Xerox Corporation

View Blogs on Reports from Same Category: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the global smart transportation market on the basis of solution, service and region:

Solution Outlook (Revenue, USD Million; 2014 - 2024)

Ticketing management system
Parking management system
Integrated supervision system
Traffic management system

Services Outlook (Revenue, USD Million; 2015 - 2024)

Cloud services
Business services
Professional services

Regional Outlook (Revenue, USD Million; 2014 - 2024)

North America
Europe
Asia Pacific
Rest of the World