Global Nucleic Acid Testing Market Opportunities & Forecast 2018-2025-GMI Research

Global Nucleic Acid Testing Market Opportunities & Forecast 2018-2025-GMI Research

Global Nucleic Acid Testing Market by Product Type (Nucleic Acid test Kits (Transcription-mediated amplification (TMA), Polymerase chain reaction (PCR), Ligase chain reaction (LCR), Whole genome sequencing) and Consumables), by Indication, by End User and by Geography – Opportunities & Forecast 2018-2025

Nucleic Acid Testing market has huge potential to grab the maximum revenue share during the forecast period. The introduction of this nucleic acid testing technology has revolutionized the field of clinical molecular diagnosis and forensic science. The nucleic acid testing market is likely to witness lucrative growth during forecast period owing to higher growth rate of molecular diagnosis, treatment and research activities. Moreover, high adaption of nucleic acid testing in chronic disease diagnosis and forensic testing will creates huge opportunity during the forecast period.

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Rising incidence of infection diseases and growing cancer patients worldwide are the major factor that increases demand of diagnosis. Molecular Diagnosis industry adopted nucleic acid testing techniques for fast, reliable and accurate outcomes which boost the market during the forecast period. In addition, established healthcare infrastructure and improving reimbursement policy in developed economies are also driving force to the nucleic acid testing market growth. Increase in research & development activities across the globe especially in Asia pacific region creates huge potential revenue during the forecast period.

Expanding need for nucleic acid testing from blood transfusion centers and blood donation centers will significantly anchor the whole blood transfusion processes, which is foreseen to reinforce the development of the worldwide nucleic acid testing market 

Various notable players operating the nucleic acid testing market include Agilent Technologies, Danaher Corporation, Abbott Laboratories Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd., Illumina Inc., Thermo Fisher Scientific Inc., Qiagen, and Merck KGaA, among others.

The global nucleic acid testing market has been segmented on the basis of product type, indication, end user and key geographies. Based on product type, the market comprises of nucleic acid test kits and consumables. Based on indication, the market is segmented into Infectious diseases, Cancer, Forensic Testing and Others

This research report on nucleic acid testing market provides in-depth analysis of the global nucleic acid testing market based on product type, indication, end user and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for nucleic acid testing market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent development in the market.

Key questions answered in this research report:
1-    At what pace is nucleic acid testing market growing? What will be growth trend in future?
2-    What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3-    What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the nucleic acid testing market?
4-    What are the various application areas and how they are poised to grow?

The global nucleic acid testing market is segmented on the basis of product type, indication, end user and geography:

Global Nucleic Acid Testing Market by Product Type

·  Nucleic Acid test Kits

o    Transcription-mediated amplification (TMA)

o    Polymerase chain reaction (PCR)

o    Ligase chain reaction (LCR)

o    Whole genome sequencing

·         Consumables

 

Global Nucleic Acid Testing Market by Indication

·         Infectious diseases

·         Cancer

·         Forensic Testing

·         Others

Global Nucleic Acid Testing Market by End User

·         Hospitals

·         Pathology laboratories

·         Research Institutes

·         Clinics

Global Nucleic Acid Testing Market by Geography

·         North America

·         Asia-Pacific

·         Europe

·         Rest of World 

Global Nucleic Acid Testing Market Competitive Landscape

·         Major Players and their Key Strategies 

·         New product launches

·         Mergers and acquisitions

·         Collaborations, partnerships, agreements and joint venture

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Table of Contents (TOC)

1. Executive Summary 

2. Introduction
        2.1. Study Objectives
        2.2. Market Definition
                2.2.1.  Market Covered
                2.2.2. Geographical Coverage
                2.2.3. Study Years & Currency
        2.3. Market Stakeholders
        2.4. Key Questions this Study will Answer
        2.5. GMI Research’s Approach & Methodology
3. Global Nucleic Acid Testing Market – Overview
        3.1. Introduction         `
        3.2. Market Segmentation
        3.3. Value Chain Analysis
        3.4. Drivers
        3.5. Restraints
        3.6. Trends
4. Global Nucleic Acid Testing Market Revenue Forecast till 2025     
 
5. Global Nucleic Acid Testing Market by Product Type Revenue Forecast till 2025 
        5.1. Nucleic Acid test Kits
                5.1.1. Transcription-mediated amplification (TMA)
                5.1.2. Polymerase chain reaction (PCR)
                5.1.3. Ligase chain reaction (LCR)
                5.1.4. Whole genome sequencing
         5.2. Consumables
6. Global Nucleic Acid Testing Market by Indication Revenue Forecast till 2025 
        6.1. Infectious diseases
        6.2. Cancer
        6.3. Forensic Testing
        6.4. Others
7. Global Nucleic Acid Testing Market by End User Revenue Forecast till 2025
        7.1. Hospitals
        7.2. Pathology laboratories
        7.3. Research Institutes
        7.4. Clinics
8. Global Nucleic Acid Testing Market by Geography Revenue Forecast till 2025
        8.1. North America Nucleic Acid Testing Market Revenue Forecast till 2025
                8.1.1. North America Nucleic Acid Testing Market by Product Type (Option 1: 25% customization)
                                8.1.1.1. Nucleic Acid test Kits
                                                8.1.1.1.1. Transcription-mediated amplification (TMA)
                                                8.1.1.1.2. Polymerase chain reaction (PCR)
                                                8.1.1.1.3. Ligase chain reaction (LCR)
                                                8.1.1.1.4. Whole genome sequencing
                                8.1.1.2. Consumables
                8.1.2. North America Nucleic Acid Testing Market by Indication
                                8.1.2.1. Infectious diseases
                                8.1.2.2. Cancer
                                8.1.2.3. Forensic Testing
                                8.1.2.4. Others
                8.1.3. North America Nucleic Acid Testing Market by End User
                                8.1.3.1. Hospitals
                                8.1.3.2. Pathology laboratories
                                8.1.3.3. Research Institutes
                                8.1.3.4. Clinics
        8.2. Europe Nucleic Acid Testing Market Revenue Forecast till 2025
                8.2.1. Europe Nucleic Acid Testing Market by Product Type (Option 2: 25% customization)
                                8.2.1.1. Nucleic Acid test Kits
                                                8.2.1.1.1. Transcription-mediated amplification (TMA)
                                                8.2.1.1.2. Polymerase chain reaction (PCR)
                                                8.2.1.1.3. Ligase chain reaction (LCR)
                                                8.2.1.1.4. Whole genome sequencing
                                8.2.1.2. Consumables
                8.2.2. Europe Nucleic Acid Testing Market by Indication
                                8.2.2.1. Infectious diseases
                                8.2.2.2. Cancer
                                8.2.2.3. Forensic Testing
                                8.2.2.4. Others
                8.2.3. Europe Nucleic Acid Testing Market by End User
                                8.2.3.1. Hospitals
                                8.2.3.2. Pathology laboratories
                                8.2.3.3. Research Institutes
                                8.2.3.4. Clinics
        8.3. Asia-Pacific Nucleic Acid Testing Market Revenue Forecast till 2025
                8.3.1. Asia-Pacific Nucleic Acid Testing Market by Product Type (Option 3: 25% customization)
                                8.3.1.1. Nucleic Acid test Kits
                                                8.3.1.1.1. Transcription-mediated amplification (TMA)
                                                8.3.1.1.2. Polymerase chain reaction (PCR)
                                                8.3.1.1.3. Ligase chain reaction (LCR)
                                                8.3.1.1.4. Whole genome sequencing
                                8.3.1.2. Consumables
                8.3.2. Asia-Pacific Nucleic Acid Testing Market by Indication
                                8.3.2.1. Infectious diseases
                                8.3.2.2. Cancer
                                8.3.2.3. Forensic Testing
                                8.3.2.4. Others
                8.3.3. Asia-Pacific Nucleic Acid Testing Market by End User
                                8.3.3.1. Hospitals
                                8.3.3.2. Pathology laboratories
                                8.3.3.3. Research Institutes
                                8.3.3.4. Clinics
        8.4. Rest of the World Nucleic Acid Testing Market Revenue Forecast till 2025
                8.4.1. Rest of the World Nucleic Acid Testing Market by Product Type (Option 4: 25%                                                    customization)
                                8.4.1.1. Nucleic Acid test Kits
                                                8.4.1.1.1. Transcription-mediated amplification (TMA)
                                                8.4.1.1.2. Polymerase chain reaction (PCR)
                                                8.4.1.1.3. Ligase chain reaction (LCR)
                                                8.4.1.1.4. Whole genome sequencing
                                8.4.1.2. Consumables
                8.4.2. Rest of the World Nucleic Acid Testing Market by Indication
                                8.4.2.1. Infectious diseases
                                8.4.2.2. Cancer
                                8.4.2.3. Forensic Testing
                                8.4.2.4. Others
                8.4.3. Rest of the World Nucleic Acid Testing Market by End User
                                8.4.3.1. Hospitals
                                8.4.3.2. Pathology laboratories
                                8.4.3.3. Research Institutes
                                8.4.3.4. Clinics
9. Competitive Landscape
        9.1. Industry Attractiveness
        9.2. Porter 5 Analysis
        9.3. Major players and their key strategies
        9.4. Company Share Analysis
10. Company Profiles (Option 5: 25% Customization – Profiles of 5 Additional Companies of your                  Choice)
        10.1. Agilent Technologies
                          10.1.1.1. Company Overview
                           10.1.1.2. Financials
                           10.1.1.3. Recent Developments
        10.2. Danaher Corporation
                           10.2.1.1. Company Overview
                          10.2.1.2. Financials
                          10.2.1.3. Recent Developments
        10.3. Abbott Laboratories, Inc.
                          10.3.1.1. Company Overview
                          10.3.1.2. Financials
                          10.3.1.3. Recent Developments
        10.4. Becton, Dickinson and Company
                          10.4.1.1. Company Overview
                          10.4.1.2. Financials
                          10.4.1.3. Recent Developments
        10.5. Bio-Rad Laboratories Inc.
                          10.5.1.1. Company Overview
                          10.5.1.2. Financials
                          10.5.1.3. Recent Developments
        10.6. F. Hoffmann-La Roche Ltd.
                          10.6.1.1. Company Overview
                          10.6.1.2. Financials
                          10.6.1.3. Recent Developments
        10.7. Illumina, Inc.
                          10.7.1.1. Company Overview
                          10.7.1.2. Financials
                          10.7.1.3. Recent Developments
        10.8. Thermo Fisher Scientific Inc.
                          10.8.1.1. Company Overview
                          10.8.1.2. Financials
                          10.8.1.3. Recent Developments
        10.9. Qiagen
                          10.9.1.1. Company Overview
                          10.9.1.2. Financials
                          10.9.1.3. Recent Developments
        10.10. Merck KGaA,
                          10.10.1.1. Company Overview
                          10.10.1.2. Financials
                          10.10.1.3. Recent Developments
11. About GMI Research
About US
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

Contact – Sarah Nash

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Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland

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Global Biopesticides Market was Estimated at USD 2,507 million in 2016-GMI Research

Global Biopesticides Market was Estimated at USD 2,507 million in 2016-GMI Research

Biopesticides Market : Global Opportunities & Forecast 2016-2021
Biopesticides Market : Global Opportunities & Forecast 2016-2021

The report on “Biopesticides Market by Type (Bioinsecticides, Biofungicides, Bioherbicides, and Bionematicides and Others), Mode of Application (Dry Formulation and Wet Formulation), End-Use (Fruits and Vegetables, Cereals and Row Crops, Seed Treatment and Non-Crops) and Geography – Global Forecast to 2021”. The global market of biopesticides is estimated to be valued at USD 2,507 million in 2016 and is projected to reach USD 4,509 million by the end of 2021, registering a CAGR of 12.46% during the forecast period. Favorable government policies and regulations, increased global demand for organic products and the rise in the adoption of organic farming methods are the key factors bolstering the growth of the biopesticides market.

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Bioinsecticides captures the largest market share of the total biopesticides market owing to increase in incidence of pest attacks on fruits and vegetables and crops, as these types of pests have developed resistance to pesticides. The bioinsecticides segment is estimated to continue the same momentum and will capture the largest share of biopesticides market in 2021 due to increasing focus towards the prevention of insect-borne diseases and the increase in demand for organic food products.

Dry formulation amounts to approximately 68% of the total biopesticides market because most of the biopesticides are preferred in dry form as they are easy to handle, enable quick application, and are convenient to use. On the other hand, liquid biopesticides are to be sprayed using a compressed air sprayer, fogger, aircraft or soil injector.

The fruits and vegetable segment is expected to grow at a substantial rate during the forecast period. Growing consumer demand for fruits and vegetables and the increasing concern for human health are driving the fruits and vegetables segment.

North America is estimated to capture a substantial share of the biopesticides market in 2016 followed by Europe and Asia Pacific respectively. The increased awareness of biopesticides usage coupled with favorable government policies and regulations are the major factors propelling the growth of the North America biopesticides market. In 2016, US holds the largest market for biopesticides in North America as it has the highest spending on organic agriculture. Extensive research and development coupled with significant investments by leading manufacturers has further spurred the growth of the biopesticides market in the region.

This report also analyzes the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market. The report also profiles the major players active in this field, Key players profiled in this report are Bayer CropScience (Germany), BASF SE (Germany), Monsanto Company (U.S.), Certis USA LLC (U.S.), Koppert Biological Systems (Netherlands), Valent Biosciences (U.S.), Syngeta (Switzerland), Dupont (U.S.), Dow Chemical Company (U.S.), Novozymes (Denmark).

For more details, browse the Table of Contents:https://www.gmiresearch.com/report/global-biopesticides-market.html

About US

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

Contact – Sarah Nash

Level 1, The Chase Carmanhall Road,
Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland

U.S Office +1 860 881 2270
Europe Office +353 1 442 8820

Email: sales@gmiresearch.com

Global Thermochromic Pigments Market (2018-2025)-GMI Research

Global Thermochromic Pigments Market by Type (Reversible, Irreversible), by Application (Paints & Coatings, Ink Printing, Plastics and Others), and by Geography – Opportunities & Forecast 2018-2025

The global thermochromic market was USD 968.3 million in 2017, and is expected to reach USD 2,250.4 million by 2025, growing at a CAGR of 11.7% during the forecast period.

Figure 1: Global Thermochromic Pigments Market Revenue, 2018–2025 (USD Million)


Source: GMI Research

Rise in the demand from print packaging industry, increasing usage of thermochromic pigments in smart textiles and plastics as well as rising prominence of thermochromic pigments in the infrastructure segment worldwide are the key factors bolstering the growth of thermochromic pigments market.

In 2017, reversible thermochromic pigments had the largest share in the thermochromic pigments market 
The extensive usage in print packaging industry to indicate temperature change and surging employment in decorative products are some of the significant aspects fuelling growth of reversible thermochromic pigments segment. Moreover, Irreversible thermochromic pigments are capable of changing color only once. The Irreversible thermochromic pigments are being majorly used in prevention of thermal faults. The ink printing application is leading the thermochromic pigments market by applications. Rise in demand for thermochromic pigments in smart packaging and smart textiles for ink printing application are few of the factors which are driving the growth of the market.

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Figure 2: Global Thermochromic Pigment Market Revenue, by Region, 2017


Source: GMI Research

Presence of large number of printing ink manufacturers coupled with increasing affordability of thermochromic products are the major reasons likely to spur the market growth in North America over the coming years. United States is a key country in the region with the highest consumption of thermochromic pigments owing to its growing smart packaging and smart textiles market. Asia-Pacific thermochromic pigments market is projected to grow at the highest rate during the forecast period. The large automotive industry as well as growing textile industry in the region are likely to positively influence the market growth during the forecast period.

Additionally, the report has also covered profiles of the major companies active in the field, including RPM International, Chromatic Technologies Inc, OliKrom, Quad/Graphics, Smarol Technology, SFXC, Matsui Color, LCR Hallcrest, Hammer Packaging, 3M, Ball, Crown Bevcan Europe, Indestructible Paints Limited, Kolortek Co. Ltd., NanoMatriX International Ltd.

The research report “global thermochromic pigments market” provides in-depth analysis of global thermochromic pigments market based on type, applications and major geographies from the period 2018 to 2025. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for thermochromic pigments market. Further, the report also analyses the competitive landscape and the major players and their market share in 2018. The competitive landscape section of the report also captures and states the recent development in the market.

Key questions answered in this research report:
1-    At what pace is the thermochromic pigments market growing worldwide? What will be the growth trend in future?
2-    What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the coming years?
3-    What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global thermochromic pigments market?
4-    What are the various application areas and how they are poised to grow?

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Table of Content (TOC)

•    Executive Summary 
•    Introduction  
o    Study Objectives
o    Scope of the study
•    Market Covered
•    Geographical Coverage
•    Forecast Data
o    Research Methodology

•    Thermochromic Pigment Market Overview
o    Introduction
o    Market Segmentation
o    Value Chain Analysis
o    Market Drivers
o    Market Restraints/Inhibitors
o    Market Attractiveness and Technology Trend

•    Global Thermochromic Pigment Market Revenue Forecast till 2025

•    Thermochromic Pigment Market by Type Revenue Forecast till 2025
o    Reversible
o    Irreversible

•     Thermochromic Pigment Market by Application Revenue Forecast till 2025
o    Paints & Coatings
o    Ink & Printing
o    Plastics
o    Others (such as cosmetics)

•    Thermochromic Pigment Market by Region Revenue Forecast till 2025
o    North America – Thermochromic Pigment Market Revenue Forecast till 2025
•    Thermochromic Pigment Market by Type (Option1:25% Customization)
•    Reversible
•    Irreversible
•    Thermochromic Pigment Market by Application
•    Paints & Coatings
•    Ink & Printing
•    Plastics
•    Others (such as cosmetics)
o    Europe – Thermochromic Pigment Market Revenue Forecast till 2025
•    Thermochromic Pigment Market by Type (Option2:25% Customization)
•    Reversible
•    Irreversible
•    Thermochromic Pigment Market by Application
•    Paints & Coatings
•    Ink & Printing
•    Plastics
•    Others (such as cosmetics)
o    Asia-Pacific – Thermochromic Pigment Market Revenue Forecast till 2025
•    Thermochromic Pigment Market by Type (Option3:25% Customization)
•    Reversible
•    Irreversible
•    Thermochromic Pigment Market by Application
•    Paints & Coatings
•    Ink & Printing
•    Plastics
•    Others (such as cosmetics)
o    Rest of the World – Thermochromic Pigment Market Revenue Forecast till 2025
•   Thermochromic Pigment Market by Type (Option4:25% Customization)
•    Reversible
•    Irreversible

•    Thermochromic Pigment Market by Application
•    Paints & Coatings
•    Ink & Printing
•    Plastics
•    Others (such as cosmetics)

•    Competitive Landscape
o    Industry Attractiveness
•    Porter 5 Analysis
o    Major players and their market share analysis

•    Company Profiles
o    RPM International
•    Company Overview
•    Financials
•    Recent Developments
o    Chromatic Technologies Inc.
•    Company Overview
•    Financials
•    Recent Developments
o    OliKrom
•    Company Overview
•    Financials
•    Recent Developments
o    Quad/Graphics
•   Company Overview
•    Financials
•    Recent Developments
o    Smarol Technology
•       Company Overview
•       Financials
•       Recent Developments
o    SFXC
•    Company Overview
•    Financials
•    Recent Developments
o    Matsui Color
•    Company Overview
•    Financials
•    Recent Developments
o    LCR Hallcrest
•    Company Overview
•    Financials
•    Recent Developments
o    Hammer Packaging
•    Company Overview
•    Financials
•    Recent Developments
o    3M
•    Company Overview
•    Financials
•    Recent Developments
o    Ball
•    Company Overview
•    Financials
•    Recent Developments
o    Crown Bevcan Europe
•    Company Overview
•    Financials
•    Recent Developments
o    Indestructible Paints Limited
•    Company Overview
•    Financials
•    Recent Developments
o    Kolortek Co. Ltd.
•    Company Overview
•   Financials
•    Recent Developments
o    NanoMatriX International Ltd.
•    Company Overview
•    Financials
•    Recent Developments

•    Appendix

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GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

Contact – Sarah Nash

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The US will continue to drive the multi-billion North America Smart Home Market – GMI Research

The US will continue to drive the multi-billion North America Smart Home Market – GMI Research


The US will continue to drive the multi-billion North America Smart Home Market – GMI Research

The North America smart home market size was USD 24,756.7 million in 2017 and is projected to reach USD 57,894.6 million by the end of 2025 and is expected to grow at an estimated CAGR of 11.5% during the forecast period (2018—2025). The key factors driving the growth of the market are government’s push towards adopting smart homes solution to reduce carbon emission and growing demand for the home automation products from the consumers.

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The growing penetration of the IOT based lighting solutions in households is driving the lighting market in North America’s smart home market.

The ease of remotely operating the household lights and consequently, reducing the electricity bills are some of the factors which are propelling the growth of the lighting application segment in North America’s smart home market. It is expected that lighting applications will witness rapid growth in North America’s smart home market and is expected to grow at an estimated CAGR of 10.7% during the forecast period.

The constant threat of physical, as well as cyber-attack on the smart home appliances, is supporting the growth of the security and access control application. It is foreseen that security and access control application will experience significant growth in the North America smart home market in the coming years. It is expected by 2025, security and access control application will have about one-sixth of the market share in the North America smart home market.

“The growing number of cyber-attacks and the increasing threat of hijackking of the connected smart home devices is fuelling the growth of the security and surveillance application in the North America smart home. Further, rising need for remotely monitoring the aged population and children are supporting the growth of the smart homes market in the region.”
—-GMI Research

Based on countries, the US held the largest share in the market in 2017 since, about 28.5 million homes were smart homes in 2017, whereas, in 2016 about 21 million homes were smart homes. Further, growing technology friendly population and high disposable income are some other factors which are driving the growth of the North America smart home market.

Key takeaways
•    Lighting application is expected to grow at an estimated CAGR of 10.7% during the forecast period.
•    It is expected by 2025, security and access control application will have about one-sixth of the market share in the North America smart home market.
•    US held the largest share in the North America smart home market in 2017 and is estimated to grow at an estimated CAGR of 11.6% during the forecast period.

Some of the key players operating in the North America smart home market are Dell Technologies Inc, Siemens AG, Qualcomm Technologies, General Electric Company, Koninklijke Philips N.V., Schneider Electric SE, Honeywell International Inc, Vivint Inc., Google, LLC, and Samsung Electronics Co.

The North America smart home market has been segmented based on applications and key geographies. Based on applications, the market is categorized into lighting control, security and access control, HVAC control, home healthcare, home appliances, entertainment, and others.

The research report “North America smart home market” provides in-depth analysis of North America smart home across the region, based on applications and key countries for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report also provides market size and forecast for the North America smart home market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

For Sample Pages & Detailed Report Description Visit : https://www.gmiresearch.com/report/north-america-smart-home-market-opportunities-forecast-share-trends-insights-industry-profile-cagr.html

About US

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

Contact – Sarah Nash

Level 1, The Chase Carmanhall Road,
Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland

U.S Office +1 860 881 2270
Europe Office +353 1 442 8820

Email: sales@gmiresearch.com

Europe smart home market to be more than USD 30.0 billion by 2025 – GMI Research

Europe smart home market to be more than USD 30.0 billion by 2025 – GMI Research

The Europe smart home market size was USD 12.9 billion in 2017 and is projected to reach USD 31.7 billion by the end of 2025 and is expected to grow at an estimated of CAGR of 12.2% during the forecast period (2018—2025). Rise in the internet of things, increasing penetration of energy-efficient systems and solutions as well as growing demand for a real time home security solutions  in the region are few factors which are supporting the growth of the market.

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Smart lighting applications are driving the growth of the Europe Smart home market
Smart lighting applications are witnessing the significant growth in the Europe smart home market. Since, energy saving is the driving trend of the smart home market in the region. In 2017, about one- third of the market share in the Europe smart home market was held by the lighting applications market and it is expected, that lighting applications will continue to dominate the market during the forecast period.

Growing demand for personalized healthcare solutions, mobile healthcare facilities, and fitness support systems are driving the home healthcare market. In addition, the home healthcare devices are experiencing significant growth from the smart healthcare devices which support remote monitoring of the disabled, elderly people, and children at home. It is expected that the home healthcare segment will grow at an estimated CAGR of 12.9% during the forecast period.

 “It is foreseen, that Europe’s insurance market will get benefited from Europe’s smart home market in coming years, due to the growing demand from the consumers of getting insurance cover for the services such as water leakages and lighting fixtures, apart, from the insurance coverage of the hardware and software components of the connected smart home devices”.
—-GMI Research

Based on countries, Germany held the largest share in the market in 2017 due to the growing number of millionaires and the presence of high spending consumers. Further, the growing penetration of smartphones, smart surveillance cameras, and wearable activity trackers are likely to boost the growth of the smart home market in Germany. It is projected, that the UK market will be the fastest growing smart home market during the forecast period.

Key takeaways
•    In 2017, about one- third of the market share in the Europe smart home market was held by the lighting applications market
•    Home healthcare segment is expected to grow at an estimated CAGR of 12.9% during the forecast period
•    Germany held the largest share in the Europe smart home market in 2017
•    UK market will be the fastest growing smart home market during the forecast period.

Some of the key players operating in the Europe smart home market are Siemens AG, Schneider Electric SE, Honeywell International Inc., Ingersoll-Rand PLC, ABB Group, Legrand S.A., Google, LLC, and Samsung Electronics Co.

The Europe smart home market has been segmented based on applications and key geographies. Based on applications, the market is categorized into lighting control, security and access control, HVAC control, home healthcare, home appliances, entertainment, and others.

The research report “Europe smart home market” provides in-depth analysis of Europe smart home across the region, based on applications and key countries for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report also provides market size and forecast for the Europe smart home market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

For Sample Pages & Detailed Report Description Visit  : https://www.gmiresearch.com/report/europe-smart-home-market-opportunities-forecast-share-trends-insight-cagr-industry-analysis.html

About US
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

Contact – Sarah Nash

Level 1, The Chase Carmanhall Road,
Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland

U.S Office +1 860 881 2270
Europe Office +353 1 442 8820

Email: sales@gmiresearch.com

Global Small Satellite Market is projected to touch USD 4,364 Million in 2021-GMI Research

Global Small Satellite Market is projected to touch USD 4,364 Million in 2021-GMI Research



Global Small Satellite Market is projected to touch USD 4,364 Million in 2021-GMI Research

The report on “Global Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, Communication), by End-User (Civil, Commercial and Military), by Geography – Global Forecast to 2021”. The global small satellite market was estimated at USD 1986 Million in 2016 and is projected to be valued at USD 4364 Million by the end of 2021, registering a CAGR of 17.05% during forecast period. Increased investment in space science, growing demand for high resolution earth imaging and rise in number of space missions by the government authorities worldwide are the key factors bolstering the growth of the small satellite market.
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Based on Product Type, Nanosatellites is projected to be the fastest growing segment
Nanosatellites provide quicker, cost-effective and reliable access to space. These satellites can be used for complex space missions such as disaster management, environmental monitoring, scientific research and exploration, communication, military intelligence, navigation and other academic purposes. The less stringent regulations, less complex manufacturing process and low cost are the key factors fuelling the growth of nanosatellites market.
Based on Application, Earth Observation & Meteorology segment is estimated to hold the largest market share in the small satellite market
The earth observation and meteorology segment is estimated to capture the largest share of the total small satellite market due to the increased demand in the commercial, civil and military use globally. These satellites are capable of monitoring situations such as cyclones, hurricanes, earth quakes, powerplant disasters, storms, volcanic activities, among others.
Based on End-User, Commercial segment is projected to grow at the highest rate during the forecast period
The commercial small satellite market is projected to grow at the highest rate during the forecast period due to rise in the research & development activities worldwide. The satellite based navigation systems and internet services will be the key trends which will fuel the growth of said market. The use of geospatial technology for earth imaging applications such as agriculture monitoring, navigation, natural disaster monitoring has further spurred the commercial small satellite market.
Asia-Pacific is expected to witness a substantial growth in the small satellite market during the forecast period
The increasing focus towards lowering total mission costs is the key factor propelling the growth of the said market in the region. The government of emerging economies in the region are investing substantially on their development as these are satellites are cheaper, reliable and more economical. The small satellite is expected to register further growth in the emerging economies such as India and China.
For more details, browse the Table of Contents: https://www.gmiresearch.com/report/small-satellite-market-by-type-and-by-application.html
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.
Contact – Sarah Nash
Level 1, The Chase Carmanhall Road,
Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland
U.S Office +1 860 881 2270
Europe Office +353 1 442 8820
Email: sales@gmiresearch.com