Pressure Sensor Market Size, Share, Analysis and Forecasts 2014-2024

The global pressure sensor market size is expected to reach USD 11,396.3 million by 2024 according to a new study by Grand View Research, Inc. The global Pressure Sensor Market was valued at USD 7,096.7 million in 2015. The market is anticipated to experience surges in growth owing to the utility of pressure sensors in diverse industry verticals. The emergence of pressure sensors in corporate in the Microelectromechanical Systems (MEMS) technology is further impelling growth in the industry andis substantially increasing the application scope of such sensors.

Asia Pacific Pressure Sensor Market revenue by application, 2014 - 2024, (USD Million)

The demand for high-performance, cost-efficient, and reliable sensors has increased, leading to a higher spending by industry vendors in R&D activities. Technological proliferation and advancements in the nanotechnology and micro-technology present several opportunities, such as miniaturization, low power consumption, and mass production of such sensors.

The increasing adoption of pressure sensors in consumer goods and wearable devices, such as watches, tablets, and smartphones, are substantially contributing to the industry expansion. The use of MEMS pressure sensors in the industrial control applications and processes, HVAC applications, and level measurements is instrumental in energizing the industry prospects.

Full Research Report On Global Pressure Sensor Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/pressure-sensors-industry

Further key findings from the study suggest:

• The automotive sector emerged as the largest application segment for pressure sensors, accounting for 27.2% of the global market. Pressure sensors are widely used in the automotive industry for monitoring the pressure of crucial parameters such asbrake, transmission,fuel, andoil. Such sensors are used inequipment or systems for monitoring the tire pressure, gasoline direct-injection systems,barometric pressure measurement, pressure measurement of exhaust gas recirculation, and side airbags
• Pressure sensors in the consumer electronic application segment accounted for 16.3% of the overall market share. The increasing popularity of the wearable technology is expected to boost the demand for such sensors inthe consumer electronic industry. The small size and low-power consumption may give a competitive edge to the industry players. The increasing use in touch displays for smartphones and tablets is further estimated to drive growth in the consumer electronics application segment
• The Asia Pacific regional market is anticipated to witness a remarkable growth over the forecast period. The regional market accounted for 33.84% of the global market share, owing to the increasing demand from developing countries such as India, China, and South Korea
• Optical pressure sensors are immune to electromagnetic interference and are steadily replacing the electromagnetic pressure sensors. The high reliability and compact design enable optical pressure sensors to be used in miniaturized applications. The optical sensors technology segment generated about 13.1% of the total market revenue in 2015
• The key vendors in the industry are undertaking several competitive strategies such as mergers & acquisitions to gain market share. The key players dominating the industry includeABB Ltd., Analog Devices, Bosch, Delphi Corporation, Emerson Electric Company,General Electric, Infineon,NXP Semiconductors, Siemens AG,andSTMicroelectronics N.V.

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Grand View Research has segmented the global Pressure Sensor Market on the basis oftechnology, application, and region:

Pressure Sensors Technology Outlook (Revenue, USD Million, 2014 - 2024)

• Piezoresistive
• Electromagnetic
• Capacitive
• Resonant solid-state
• Optical
• Others

Pressure Sensors Application Outlook (Revenue, USD Million, 2014 - 2024)

• Automotive
• Oil & gas
• Consumer electronics
• Medical
• Industrial
• Others

Pressure Sensors Regional Outlook (Revenue, USD Million, 2014 - 2024)

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

Access Press Release Of This Research Report By Grand View Research:
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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: www.grandviewresearch.com

Fatty Alcohols Market Size To Touch $7.51 Billion By 2022: Grand View Research, Inc.

Global fatty alcohols market is expected to reach USD 7.51 billion by 2022, according to a new study by Grand View Research, Inc. Favorable government initiatives in a quest to minimize dependency on petrochemicals coupled with consumer shift towards organic personal care products is expected to drive global fatty alcohols market over the forecast period. Consistent supply of key raw material coupled with the price volatility is expected to a key challenge for market participants. Technological advancements coupled with increasing consumer preference for renewable chemicals are expected to create lucrative opportunities for market participants over the next seven years.

Global fatty alcohols market volume by product, 2012 - 2022 (Kilo Tons)

Soaps & detergents was the most dominant application segment and accounted for 54.6% of total market volume in 2014. Growing natural surfactants and emulsifiers demand in soaps & detergents industry is expected to fuel fatty alcohols demand in this segment over the forecast period. Personal care is expected to witness the highest growth of 4.6% from 2015 to 2022. Growing consumer preference towards organic personal care products is expected to increase penetration of fatty alcohols in this segment.

Full Research Report On Global Fatty Alcohols Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/fatty-alcohols-market

Further key findings from the report suggest:

• Global fatty alcohols market demand was 2,345.8 kilo tons in 2014 and is expected to reach 3,263.2 kilo tons by 2022, growing at a CAGR of 4.3% from 2015 to 2022.
• C11-C14 fatty alcohols were the largest product segment with a market share of over 55% in 2014. C11-C14 fatty alcohols are primarily used in the production of sodium laureth ether sulphate (SLES), a key foaming agent majorly used in body washes and shampoo formulations. Growth of personal care industry is expected to drive this product segment over the next seven years.
• C15-C22 fatty alcohols are expected to witness the highest growth rate of 4.5% globally. Increasing penetration of C15-C22 fatty alcohols in lubricant bases & blending and personal care products such as moisturizers is expected to drive this segment over the forecast period.
• Asia Pacific was the largest consumer as well as producer of fatty alcohols. The region accounted for 35% of global demand in 2014. Increasing downstream demand coupled with rising consumers disposable income is expected to foster the market growth in this region over the next few years. Asia Pacific is also expected to witness the highest growth of 4.9% from 2015 to 2022. Availability of key raw materials in abundance particularly in South East Asia is also expected to have a positive influence on the market growth.  
• Global fatty alcohols market is highly fragmented owing to presence of several small and medium scale companies operating particularly in Asia Pacific and Central & South America. Major companies operating in the global fatty alcohols market include Ecogreen Oleochemicals, Emery Oleochemcials, BASF, Kuala Lumpur Kepong (KLK), Oleon, Sasol, PT Muslim Mas and Kao Chemicals.

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Grand View Research has segmented the fatty alcohols market on the basis of product, product, application and region:

Global Fatty Alcohols Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• C6-C10 Fatty Alcohols
• C11-C14 Fatty Alcohols
• C15-C22 Fatty Alcohols

Global Fatty Alcohols Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Soaps & Detergents
• Personal Care
• Lubricants
• Amines
• Others

Global Fatty Alcohols Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Netherlands
• Belgium
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-fatty-alcohols-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.

For More Information: www.grandviewresearch.com

Commercial Drone Market Surge Valuation Of USD 2.07 Billion By 2022: Grand View Research, Inc.

The global commercial drone market size is expected to reach USD 2.07 billion by 2022, according to a new report by Grand View Research, Inc. Increased utility in law enforcement and agricultural applications is expected to play a pivotal role in market growth over the forecast period. Having made their presence felt in the military sector, these Unmanned Aerial Vehicles (UAVs) have gradually gained prominence in the commercial sector and are foreseen to surpass the growth observed in the former.

U.S. commercial drone market, by application, 2012 - 2022 (USD Million)

Prominent retailers and e-commerce players have experimented the use of drones to deliver packages to consumers in a much shorter duration as compared to the traditional delivery media. The use of drones for retail is pending government approval, particularly in the U.S. Once regulatory clearance is obtained, drones are expected to revolutionize the retail sector.

Full Research Report On Global Commercial Drone Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/global-commercial-drones-market

Further key findings from the report suggest:

• Government applications which include law enforcement, infrastructure, and research & development contributed to over 40% of the market revenue in 2014. Commercial drones have garnered importance in search and rescue missions, scientific research, and mapping. Agriculture is expected to emerge as a lucrative application sector over the forecast period. These UAVs aid farmers by taking snapshots of a vast array of fields and providing crucial data pertaining to soil and crops, thereby assisting in crop management. Use of UAVs in retail is expected to transform the industry dynamics and is foreseen to positively shape market growth.
• Rotary blade drone accounted for over 75% of the market share in 2014. Its popularity can be attributed to the fact that it is capable of flying in every direction as well as hovering in a fixed position, which its fixed wing counterparts cannot achieve. Fixed wing drone is more suited for aerial mapping, undertaking topographic surveys, and terrain modeling of larger areas which include stockpiles & mine sites.
• North America contributed to over 55% of the global revenue in 2014, which can be attributed to high production and increased use in law enforcement and agricultural activities. The regulatory scenario is Europe is more conducive to market growth as opposed to the U.S., which is expected to play a pivotal role in high penetration of commercial drones in Europe. Asia Pacific stands to witness high proliferation of commercial UAVs over the forecast period. Countries such as Japan and Australia have emphasized on the use of UAVs in agriculture.
• Key market participants include Parrot SA, The Boeing Company, Textron Inc., Northrop Grumman, Lockheed Martin Corporation, Israel Aerospace Industries, General Atomics, Elbit Systems Ltd., DJI, BAE Systems PLC, and AeroVironment Inc. Strategic alliances with government agencies and collaborations with prominent technology providers are some of the strategic steps taken by market players to gain a foothold in the industry.

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

Commercial Drone Product Outlook (Revenue, USD Million, 2012 - 2022)

• Fixed wing
• Rotary blade
• Nano
• Hybrid

Commercial Drone Application Outlook (Revenue, USD Million, 2012 - 2022)

• Agriculture
• Energy
• Government
• Media & Entertainment
• Others

Commercial Drone Regional Outlook (Revenue, USD Million 2012 - 2022)

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

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/commercial-drone-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.

For More Information: www.grandviewresearch.com

Industrial Air Filtration Industry to Observe Strong Development by 2025

The global industrial air filtration market is expected to reach USD 6.08 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for high-performing, energy-efficient products is expected to catapult the demand over the forecast period. Further, environmental awareness and rapid industrialization coupled with resource scarcity are also expected to catalyze the market growth over the next nine years. Technological advancements have resulted in the manufacturing of a new filter media to meet the demand of energy-efficient products. This, in turn, has instigated the development of innovative raw materials such as small fibers and is anticipated to provide new avenues for industry growth.

Financial drivers are also expected to play key roles in incentivizing end-users to enhance the performance of a manufacturing process and reduce manufacturing costs. The industry is anticipated to witness the movement of manufacturing facilities to China or Eastern Europe, primarily, to cut-down manufacturing costs.Industrial air filters are critical components of the manufacturing industry as they are used to protect sensitive and advanced manufacturing processes and reduce the risk of molecular or microbiological contaminations. They also eliminate hazardous emissions in several manufacturing processes and are expected to witness a healthy demand in the European market, owing to a spate of regulations governing these industries.

Full Research Report On Global Industrial Air Filtration Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/industrial-air-filtration-market

Further key findings from the study suggest:

• Dust collectors accounted for over 20% of the overall market in 2015, owing to their widespread usage in industrial applications, primarily, in controlling air pollution
• The demand for filters in the power segment accounted for over 10% of the overall revenue in 2015 and the segment is expected to witness a steady growth over the next nine years, as power generation industries have numerous filter requirements, such as increasing effectiveness and efficiency, for environment protection.
• Asia Pacific accounted for over 20% of the overall revenue in 2015 and is expected to witness a substantial growth over the forecast period, which is accredited to the high penetration of these products across the metals industry to support several regulatory requirements
• Key players, such as Donaldson Company, Clarcor, Inc., Cummins Filtration, and Camfil, enhanced their market position through mergers & acquisitions and expanded their geographical reach

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Grand View Research has segmented the global industrial air filtration market based on product, end-use, and region:

Industrial Air Filtration Product Outlook (Revenue, USD Million, 2014 - 2025)

• Dust Collectors
• Mist Collectors
• HEPA Filters
• Cartridge Collectors & Filters
• Baghouse Filters

Industrial Air Filtration End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Cement
• Food
• Metals
• Power
• Pharmaceuticals
• Agriculture
• Woodworking and Paper & Pulp
• Plastic
• Others

Industrial Air Filtration Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Turkey
• Sweden
• Spain
• Poland
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-industrial-air-filtration-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.

For More Information: www.grandviewresearch.com

Cloud Managed Services Market Worth $82.51 Billion By 2025: Grand View Research, Inc.

The global cloud managed services market size is expected to reach USD 82.51 billion by 2025, according to a study conducted by Grand View Research, Inc. The focus of enterprises on primary business operations is resulting into higher cloud managed services adoption. Business services, security services, network services, data center services, and mobility services are major categories in cloud managed services market. Implementation of these services will help enterprises to reduce IT and operations costs and will also enhance productivity of those enterprises.

Availability of developed IT infrastructure will drive the managed cloud services adoption in North America. The regional markets of APAC and Middle East & Africa will witness significant growth. This growth will be a result of increased cloud adoption and increase in significant investments from prominent players.

The market will observe some restraints as well, such as data privacy & security, and poor connectivity. These factors are expected to hamper the market growth during the forecast period. Data security will be a major restraining factor as it will affect cloud adoption and cloud managed services market as well. It will lead service providers to focus more on including security features to acquire customers.

Full Research Report On Global Cloud Managed Services Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/cloud-managed-services-market

Further key findings from the study suggest:

• Increasing mobile device adoption will drive the growth rate of mobility services segment
• High security and increased service level will drive private cloud deployment with an expected CAGR of 16% during the forecasted period
• Customization along with reduction in IT costs will drive adoption in small and medium enterprises
• Increasing levels of data security will drive the growth of healthcare segment in the market
• Increased investment in cloud technologies by countries such as China and India will drive the Asia Pacific regional market growth rate
• The major industry players include Cisco Systems Inc., IBM, Verizon Communications Inc., Ericsson, and NTT Data Corporation

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Grand View Research has segmented the global cloud managed services market report based on types, cloud deployments, end-users, verticals, and regions:

Type Outlook (Revenue, USD Million; 2014 - 2025)

• Business Services
• Network Services
• Security Services
• Data Center Services
• Mobility Services

Cloud Deployment Outlook (Revenue, USD Million; 2014 - 2025)

• Public
• Private

End-User Outlook (Revenue, USD Million; 2014 - 2025)

• SMEs
• Large Enterprises

Vertical Outlook (Revenue, USD Million; 2014 - 2025)

• Telecom & ITES
• Government (State & Local, Federal) & Education
• BFSI
• Retail & Consumer
• Healthcare
• Manufacturing & Automotive
• Others (Media, Transportation, Food & Beverages, Oil & Gas, Real Estate)          

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Middle East & Africa (MEA)

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-cloud-managed-services-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.

For More Information: www.grandviewresearch.com

Rainscreen Cladding Market Size Worth To Reach $14.0 Billion By 2024: Grand View Research, Inc.

The global rainscreen cladding market size is expected to reach USD 14.0 billion by 2024, according to a new report by Grand View Research, Inc., registering a 7.6% CAGR during the forecast period. Demand for these products has increased significantly owing to promotion by the World Green Building Council and International Energy Agency. 

Energy-efficient buildings lower the amount of resources required for heating, ventilating, and air conditioning (HVAC), owing to which, demand for these products has been increasing in emerging economies, especially in Asia Pacific. Easy procurement of raw materials and low set-up cost have played an important role in attracting foreign investments from numerous multinationals, which in turn, leads to development of innovative wall systems by incorporation of high technology materials.

High-pressure laminate panels have a UV-protection layer on the outside to avoid fading over its lifespan. These panels are available in customized sizes and thickness. They have good resistance against impact and vandalism and because of this they can be used in false ceiling applications. These panels are fire- and chemical-resistant and are available in a variety of colors, adding to its aesthetic appearance.

There is a growing demand for malls and supermarkets in emerging economies such as BRICS nations as consumer preferences have shifted to single outlet destinations. Enormous footfall in malls and spending and purchases are observed in these regions. Mall developers are expected to target emerging economies for further development as urban cities are close to saturation. These factors are expected to increase demand for rainscreen cladding.

The European economy is on the path to recovery from the recent global downturn. Central and Eastern European countries are anticipated to witness highest gains in the construction sector. Numerous factors such as low interest rates and significant improvement in disposable income, coupled with the European Commission’s Investment Plans, are anticipated to contribute to the steady growth of the construction sector.

Full Research Report On Global Rainscreen Cladding Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/rainscreen-cladding-market

Further key findings from the report suggest:

• The global rainscreen cladding demand was 245,476.3 thousand square meters in term of area coverage in 2016 and is expected to expand at a CAGR of 6.5% from 2017 to 2024
• Multiple federal policies and regulations in favor of energy-efficient residential buildings and commercial spaces is estimated to significantly increase product demand in the foreseeable future
• These materials are produced from basic raw materials such as HPL and fiber cement, which are used to create air and water barriers. However, failure of these seals under extreme weather conditions poses several risks, especially in areas with high precipitation levels
• Rainscreen cladding systems are easy to process and install, with minimal deterioration problems. These systems also rejuvenate external appearance of dilapidated structures at low costs
• Key players such as Kingspan Insulation PLC, Dow Building Solutions, and Lakesmere International Ltd. are involved in production and distribution across the globe.

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Grand View Research has segmented the global rainscreen cladding market on the basis of raw material, application, and region:

Rainscreen Cladding Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 - 2024)

• Fiber Cement
• Composite Material
• Metal
• High Pressure Laminates
• Terracotta
• Ceramic
• Others

Rainscreen Cladding Application Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 - 2024)

• Residential
• Commercial
• Offices
• Institutional
• Industrial

Rainscreen Cladding Regional Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Italy
• Austria
• Poland
• France
• Russia
• Spain
• Belgium
• Denmark
• Turkey
• Switzerland
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Singapore
• Malaysia
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• Kuwait
• Bahrain
• Oman
• Egypt
• South Africa

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-rainscreen-cladding-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.

For More Information: www.grandviewresearch.com