Ceric Ammonium Nitrate Market Forecast, Industry Outlook, Market Demand, Share 2015 To 2022

The global ceric ammonium nitrate market is expected to reach USD 190.1 million by 2022, according to a new report by Grand View Research, Inc. Global ceric ammonium nitrate market is still at its developing stage and is expected to witness significant growth in research labs, educational institutions and medical applications. Increasing healthcare expenditure coupled with growth of electronics industry particularly in emerging markets of Asia Pacific and Latin America is expected to drive its demand over the forecast period.
Stringent regulations particularly in the U.S. and Europe are expected to remain a key challenge for industry participants. Ceric ammonium nitrate (CAN) is considered as an oxidizing agent and irritant under Dangerous Substances Directive (67/548/EEC) by the European Union.
Laboratories were the leading application segment with demand share exceeding 70% in 2014. Increasing initiatives by research laboratories and educational institutions to expand application base owing to favorable prices coupled with flexible nature is expected to drive this segment over the forecast period. CAN is used for wide range of organic reactions including oxidation, synthesis of heterocycles, generation of carbon (heteroatom bonds), generation of carbon-carbon bonds, cleavage of carbon (heteroatom bonds), cleavage of Si-O bonds, C-halogen bond formation, and CAN-catalyzed multi-components.
The product is also used in electronic and medical industries. The product is used for etchants preparation which is further utilized in photomasks and liquid crystal displays.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/ceric-ammonium-nitrate-market

 U.S. ceric ammonium nitrate market revenue by application, 2012-2022, (USD Million)

 Further key findings from the report suggest:

• Global ceric ammonium nitrate market volume was 3,335.2 tons in 2014 and is expected to reach 5,206.1 tons by 2022 growing at a CAGR of 5.8% from 2015 to 2022.
• Asia Pacific was the leading regional market with demand share exceeding 40% in 2014. The region is also expected to witness the highest growth of 6.2% from 2015 to 2022. Rapidly expanding electronics industry particularly in China, India and Taiwan is expected to drive the regional market over the forecast period.
• North America is also expected to witness brisk growth in its market size account of technological advancements particularly in the U.S.
• Global ceric ammonium nitrate industry is consolidated in nature with limited companies operating in the market. Some key industry participants include Uranus Chemicals Co. Ltd, Henan CoreyChem Co. Ltd, Chuan Yan Technology Co. Ltd, Treibacher, American Elements, ProChem and Blue Line Corporation. Some companies have integrated their operations in order to maximize their profits.

Browse All Reports of this category @ http://www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the ceric ammonium nitrate market on the basis of application and region:

Global Ceric Ammonium Nitrate Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Laboratories
• Photomasks
• Liquid crystal displays
• Other

Global Ceric Ammonium Nitrate Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S
• Europe
• Germany
• Italy
• Asia Pacific
• China
• India
• Middle East and Africa
• UAE
• Central & South America
• Brazil

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:

Sherry James

Corporate Sales Specialist, U.S.A.

Grand View Research, Inc.

United States           

Phone:  1-415-349-0058

Toll Free:  1-888-202-9519

Email:  sales@grandviewresearch.com 

Website:  Grand View Research                          

Blog Site: http://www.divog.org/

Biometrics Technology Market Trends, Growth and Share To 2020

The Global Biometrics Technology Market is expected to reach USD 24.59 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for biometrics technology across various applications is expected to favor market growth over the next six years. Biometrics technology is used by several verticals in the private, public and commercial sectors to overcome security threats, which is expected to fuel market demand over the forecast period.
Increasing demand in consumer electronics to enhance customer experience is expected to drive the biometrics technology market over the next six years. Implementation in e-commerce applications may enable secure transactions and can provide new opportunities to the biometrics technology market. High initial investment may hinder market growth over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/biometrics-industry

 Global biometrics technology market by application (USD Million), 2012 - 2020

Further key findings from the study suggest:

• Non-AFIS was estimated to be a considerable application segment in 2013 and accounted for over 35% of the overall market. This technology is used in various enterprises to enable authorized access owing to its accuracy and efficiency. The AFIS application segment is also expected to grow at a significant rate on account of its use for fingerprint and palm identification in many civil applications.
• Transportation & logistics emerged as the dominant end-use segment in 2013, and accounted for over 25% of the biometrics technology market in the same year. This technology is used for e-passport programs and to counter illegal migrations in various regions. Defense services are also expected to witness high growth over the forecast period. Biometrics technology can be used in banking and finance to increase efficiency and prevent frauds enabling it to grow at a significant rate over the next six years.
• North America was estimated to be the largest regional market in 2013, and is also expected to grow at a considerable rate over the forecast period. Biometrics technologies are used in various departments in the U.S. owing to their strict security standards. Asia Pacific is also expected to contribute significantly to market growth with increasing use of this technology in countries such as India, China and Indonesia. Various government initiatives to maintain internal and external security is expected to fuel the regional market growth over the next six years.
• Key market participants include NEC Corporation, Fujitsu Limited, Precise Biometrics AB, 3M Cognet, Hitachi, FaceFirst, etc. NEC Corporation created civilian fingerprint identification database for South Africa using AFIS biometrics technology eliminating about 45 million paper files. Cost effective solutions are expected to be a critical success factor for industry participants.

Browse All Reports of this category @ http://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

For the purpose of this study, Grand View Research has segmented the global biometrics technology market on the basis of application, end-use and region:
Biometrics Technology Application Outlook (Revenue, USD Million, 2012 – 2020)
    • Face
    • Hand Geometry
    • Voice
    • Signature
    • Iris
    • AFIS
    • Non-AFIS
    • Others
Biometrics Technology End-Use Outlook (Revenue, USD Million, 2012 – 2020)
    • Government
    • Defense & Security
    • Banking & Finance
    • Consumer Electronics
    • Healthcare
    • Residential
    • Commercial
    • Transportation
    • Others
Biometrics Technology Regional Outlook (Revenue, USD Million, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

Service Robotics Market Research Report To 2020: Grand View Research, Inc.

The global service robotics market is expected to reach USD 15.69 billion by 2020, according to a new study by Grand View Research, Inc. Government initiatives and investments supporting development of service robotics in countries such as Japan and U.S. is expected to favorably impact market growth. Extensive use in defense and military applications, coupled with a projected steady demand from these domains is expected to drive the service robotics market over the forecast period.
Capability of service robots to offer sustainable medical provision without affecting quality of care has made healthcare a lucrative field for service robotics. Reluctance of substituting manual labor with service robots in traditional field operations is expected to pose a challenge to market growth.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/service-robotics-industry

Further key findings from the study suggest:

• Global service robotics demand was 4.1 million units in 2013 and is expected to exceed 18 million units by 2020, growing at a CAGR of 23.7% from 2014 to 2020.
• Personal robots led the market in terms of volume in 2013; professional robots generated greater revenue owing to their high unit cost as compared to that of their counterparts. Professional service robots accounted for over 70% of the global revenue in 2013.
• Military and defense robots dominated professional applications in terms of volume, accounting for over 40% of the total shipments in 2013, followed by medical robots. Medical robots contributed to majority of the market revenue in 2013 on account of higher unit cost as compared to defense robots. Among personal applications, household accounted for a higher market share as compared to entertainment, both in terms of volume and revenue.
• North America dominated the service robotics market in 2013, accounting for more than 35% of the overall market volume, followed by Asia Pacific and Europe. Japan and the U.S. constitute the key markets for service robots.
• The industry is characterized by a high degree of competition between industrial robot manufacturers and specialized service robot manufacturers. Fujisoft, GeckoSystems, Honda Motors, Intuitive Surgical, and iRobot are key companies manufacturing service robots. Apple, Amazon, and Google have also shown an inclination to enter the market by making significant investments.

Browse All Reports of this category @ http://www.grandviewresearch.com/industry/semiconductors

For the purpose of this study, Grand View Research has segmented the global service robotics market on the basis of application and region:
Service Robotics Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2020)
    • Professional Robots
            • Defense
            • Field
            • Medical
            • Logistics
            • Mobile Platforms
            • Underwater Systems
            • Construction & Demolition
            • Others
    • Personal Robots
            • Entertainment
            • Household
Service Robotics Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

Physical Security Market Hits USD 110.09 Billion By 2020: Grand View Research, Inc.

The Global Physical Security Market is expected to reach USD 110.09 billion by 2020, according to a new study by Grand View Research, Inc. Increasing budget allocation for physical security on account of growing security concerns is expected to boost the physical security market. Increased migration towards cloud-based security systems and convergence in applications are expected to impact market dynamics. Smart devices, infinite storage devices, next-generation analytics, and ubiquitous sensors are among the emerging technologies in the physical security market.
Cloud-based systems serve various kinds of services including Internet of Things (IoT), mobile internet connections, electronic security and third-party security practices. Smart cities are expected to be governed and managed by these smart facilities over the forecast period. Increased adoption of security systems in business organizations is expected to favorably impact market growth. However, device interoperability issues and privacy concerns against installation of physical security systems may restrain the market. Security compliances issued by international bodies and stringent government regulations is the key opportunity for the market.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/physical-security-market

Global physical security market by component (USD Billion), 2012 - 2020

 

Further key findings from the study suggest:

• Physical security hardware systems accounted for over 70% of the market in 2013; under these products, access control has the dominant share due to sabotages on critical infrastructure zones and increasing terrorist attacks. Intrusive detection & prevention sub-segment is expected to grow over the forecast period.
• Transportation was the dominant application segment in 2013; a trend that is expected to continue over the forecast period. This can be attributed to effective transport management system and continued investment in infrastructure. Government applications are expected to witness high growth over the next six years.
• North America accounted for over 30% of the global physical security market in 2013; Asia Pacific is estimated to exhibit high growth through the forecast period. This can be attributed to shift towards security integration in developing markets, favorable government initiatives and high growth verticals generating demand for physical security.
• Key participants operating in the market include Honeywell Security Group, Cisco Systems Inc., Genetec Inc, Morpho SA, Bosch Security Systems Inc and Axis Communication AB. These manufacturers have started developing products targeted at network-based technologies; additionally, geographical expansion is expected to be a key growth strategy.

Browse All Reports of this category @ http://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials,

healthcare and energy.

Contact:

Sherry James

Corporate Sales Specialist, U.S.A.

Grand View Research, Inc.

United States           

Phone:  1-415-349-0058

Toll Free:  1-888-202-9519

Email:  sales@grandviewresearch.com 

Website:  Grand View Research                          

Blog Site: http://www.divog.org/