Autonomous Vehicle Market Manufacturers Analysis Report by 2030

 The global autonomous vehicle market demand is projected to account for 4.2 million units by the end of 2030, registering over 63% CAGR. Also known as self-driving vehicles, these are the combination of sensors and several networking systems. Over the past few years, there has been significant development in the field of autonomous driving technology. Further, companies such as Google LLC and Tesla have upped their investment in research & development, thereby, attributing to the growth of the market.

Governments across the globe are implementing favorable regulations to support the penetration of autonomous vehicles. For example, the U.K government has granted permission to operate autonomous vehicles on any public roads while the government of the U.S is aiming at the procurement of autonomous vehicles for defense application. Such initiatives are predicted to bolster the growth of the market.

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Depending on the application, the market is segregated into defense and transportation. The transportation division is likely to emerge as the highest share in the market over the next ten years. On the other hand, the defense category is likely to witness the maximum growth rate from 2021 to 2030.

Further key findings from the report suggest:

• The growth of autonomous vehicles market is estimated to gain traction due to supportive government rules globally.

• By application, the defense category is anticipated to grow at over 86.0% CAGR over the next ten years.

• Developed countries are estimated to grow significantly due to better infrastructure development to support the penetration of autonomous vehicles.

Impact of COVID-19

The outbreak of COVID-19 has resulted in the imposition of lockdown in countries causing massive disruption and halting businesses operations in the automobile industry. Around 90% of the major automobile firms across North America, Europe and China have been forced to stop their manufacturing facilities. The pandemic has also delayed the investment in the development of novel technologies in the automotive industries.

However, the effect of the pandemic is for short term only and several countries have started their manufacturing units with limited restriction. In addition, governments across the globe are increasingly investing in the development of supportive infrastructure, which, in turn, is likely to bode well for the growth of the self-driving vehicles market.

Global Autonomous Vehicle Market : Key Players

Google LLC, Motor Company; General Motors, Toyota Motor Corporation, Tesla, Inc., BMW AG, and Audi AG

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Air Mattress Market Size and Competitive Insights till 2025

The global air mattress market size is projected to reach USD 227.2 million by 2025, with a CAGR of 8.6% from 2019 to 2025. The increasing need for comfortable sleeping to refrain from diseases like pressure wound and back pain is expected to surge the demand for these products. Furthermore, the positive growth of the tourism and travel sector due to the increase in the number of holiday and professional trips is anticipated to increase the utility of foldable bedding options for additional accommodation.

The king-size product is projected to grow at a CAGR of 10.5% over the forecast period. The rising demand for comfortable, large-sized, and cozy beds is predicted to drive the market growth. There is a rising trend of carrying king-sized beds on camping trips for a larger space and comfortable sleep.

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The commercial application segment held the highest revenue of USD 78.1 million in 2018. The customers prefer large-size foldable air mattresses to accommodate extra guests which are viewed as a driving factor for this market. The growth in personal and business tours across regions including Europe and North America is forcing the hotels to stock-up additional air mattress.

Asia Pacific is predicted to register a CAGR of 10.0% for the period of 2019 to 2025. The rising awareness towards convenient sleeping material to protect against pressure wound issues in adults in countries like India and China is anticipated to boost the growth of the market. Moreover, the rising real estate prices in urban cities are driving the population to accommodate in smaller sized apartments.

Thus, this population group prefers foldable alternatives such as air mattress that acquire limited space. Additionally, companies are adopting strategies like mergers and acquisitions and product innovation to expand their scope of business. An example of the same includes the acquisition of Intex Development Co. Ltd by India based mattress manufacturer Kurlon.

Further key findings from the report suggest:

• Twin size products accounted for a revenue of USD 54.5 million in 2018 as these are affordable and easily available.

• King size product is predicted to grow at the fastest pace registering a CAGR of 10.5% over the forecast period due to rising demand for large-sized beds for camping activities.

• The commercial application segment acquired revenue of USD 78.1 Million in 2018 owing to its higher use in hospitals.

• The household application segment is expected to register a CAGR of 9.4% for the period of 2019 to 2025 due to the rising number of bedsore patients globally.

• North America held the largest market with revenue of USD 48.4 million in 2018 due to the growth in the urban population coupled with a hike in real estate prices.

Global Air Mattress Market : Key Players

ALPS Mountaineering; American National Manufacturing, Inc., Drive DeVilbiss Sidhil Ltd; SizeWise; Sleepy Sleep; Bestway; LazerLazery; Restoration Goods;.; Somnio LLC; WENZEL Group; and Intex Development Co. Ltd.

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Stevia Market Growth Opportunities And Forecasts Report by 2024

Industry Insights

The global Stevia Market size is likely to reach USD 553.7 million by 2024 and is anticipated to grow at a CAGR of 6.1% during the forecast period. Rising popularity of stevia owing to its superior sweetening properties, and its ability to restrict any contrary effects on the fitness of the consumers is thrusting the industry growth over the next nine years. The food sector is expected to remain one of the most vital segments of this market owing to the increasing demand for low-calorie substitute products. The increase in consumer awareness concerning consumption of healthy nourishment will ultimately lead to the rise in the penetration of stevia in confectionary and bakery products.

Promotion to use stevia in different forms such as powered and dried drives the positive perception of the food and beverage sector in countries such as Vietnam, Singapore, China, South Korea and Japan on account of growing acceptance of stevia-based compounds and new product launches. In addition, the rise in the awareness of consumers towards fitness routine has also caused various carbonated drink producers which consist of The Coca-Cola Company to announce the stevia based product in their product line of soft drinks, which also helped them to widen their consumer base.

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The approval from the EU Commission and the U.S. FDA which resulted in optimistic regulatory outlook is presumed to be a crucial factor fueling the growth of stevia market soon. The favorable atmosphere and consumer awareness concerning the advantages of natural sweeteners have influenced large-scale production in APAC and Latin America which resulted in an acceptance of compounds based on stevia in nations such as South Korea, Japan, and Brazil.

Regional Insights

In terms of global volume share, Asia Pacific was the major market which accounted for 35.3%. Stevia-based sweeteners has been a substantial part of the diet regime of consumers for a significant period which resulted in the broad acceptance in these countries such as South Korea, China, and Japan. Developing nations such as Malaysia, India, Indonesia, and Thailand are predicted to be the important markets for stevia on account of the growing food and beverage industry.

North America and Europe are anticipated to experience a substantial growth at CAGR of 4.5% and 4.3% respectively, over the forecast period. Latest approvals by the FDA regarding the product will have a positive impact on the total market and thus improve the penetration of stevia-based products.

Competitive Insights

With extensive coverage areas and large manufacturing capacities, the market is dominated by a limited number of players. On account of a firm foothold in application sector together with essential infrastructure for research and development, Evolva Holding S.A, GLG Life Tech Corp., Tate & Lyle Plc., Pure Circle Ltd. and Cargill Inc., are projected to lead the market.

The crucial features of the market are expected to be product innovation and the establishment of strategic partnerships with farmers and cultivators along with mergers and acquisitions. Archer Daniels Midland (ADM) Company partnered with GLG Life Tech Corp. to industrialize and distribute stevia-based products in July 2016.

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Specialty Pulp and Paper Chemicals Market Main Top Players, Analysis and Forecast To 2025

 The global Specialty Pulp and Paper Chemicals Market is likely to reach USD 26.23 billion by 2025, with a CAGR of 3.0% during the forecast period. Increasing importance of functional chemicals, that offer outstanding visual possessions and increase printability, is some of the numerous features motivating the development of the business.

Specialty pulp and paper chemicals are utilized by way of raw materials by the paper producing companies to manufacture the specialty paper. It supports to change and improve the useful possessions of the paper for example strength, brightness, color, and the confrontation to water. It likewise decreases the ingestion of energy and water. Similarly, specialty chemicals are utilized in the manufacturing procedure of specialty paper which decreases the generation of the paper wastage, therefore the raw material necessary for the manufacture of specialty paper is of a lesser amount as equated to standard paper.

Specialty paper is utilized in a number of uses that consist of printing, packaging, labeling, writing, and others. Greater demand in the application of printing and writing in a number of nations for example the U.K., Brazil, India, China, Thailand, Germany, and the U.S.A, will trigger the demand for the product above the subsequent a small number of years. Big companies are growing their geographic existence so as to increase general stake in the market.

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The division of the Specialty Pulp and Paper Chemicals market on the source of Type of Application. The market can be divided into Printing, Packing, Labeling and others. The subdivision of packing ruled the business, during the past year and helped in growth of stake of the international capacity. Extensive uses of the product in the fields of Cups, Paper Tubes, Paper Plates, Take out Boxes, Corrugated Clamshell, and Packing of Foodstuff is an important supportive part in the progress of the market.

The division of the Specialty Pulp and Paper Chemicals market on the source of Type of Product. The statement shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into the types Process Chemicals, Functional Chemicals, Bleaching Chemicals, and Basic Chemicals.

The division of the Specialty Pulp and Paper Chemicals market on the source of Area. The statement divides market into a number of important Areas. The division is done with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction. The area wise division of the market done like North America [U.S.A, Canada, Mexico], Europe [France, Spain, Germany, U.K., Italy, the Netherlands, Russia, Turkey], Asia Pacific [India, Japan, China, South Korea, Malaysia, Indonesia, Vietnam, Thailand, Australia, and New Zealand], Central & South America [Venezuela, Brazil, Argentina], Middle East & Africa [UAE, Saudi Arabia, Iran ]

By the source of geography, the area of Asia Pacific headed the market during the past year. It is estimated to hold its supremacy above the predictable future. Demand for the specialty paper for the application of packaging has an important capacity development in the area. Gush in retail marketing infrastructure, reinforced by increasing necessity for wrapped merchandises in the area of Asia Pacific, has motivated the market in the province.

The area of North America is expected to observe slow development because of strict rules relating to the manufacture of pulp and paper, enforced by ecological organizations for example the EPA. Yet, the business is expected to be motivated by growth in application variety of specialty papers and demand for biodegradable materials for reprocessed papers. The area’s biggest economy, the U.S.A, is expected to implement the usage of ecological and 100% biodegradable products. This will consequence in the development of the market.

The statement revises Trades in terms of intake of Specialty Pulp and Paper Chemicals in the market. Particularly in the areas of North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these areas and the nations. With reference to Trades, Price, Profits and Market stake for respective competitor in these areas. Some of the important companies, operating in the field on international level are Kemindo International, the Dow Chemical Company, Ashland Inc., SNF Floerger, Buck man Laboratories International, Inc.

Additional notable companies, operating in the field, on international level are Shell Chemicals, Evonik Industries AG, Kemira Oyj, BASF SE, and Akzo Nobel N.V.

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Solution Styrene Butadiene Rubber (S-SBR) Market Share, and Regional Outlook By 2025

Industry Insights

In 2016, the global solution styrene butadiene rubber (S-SBR) market size was valued at USD 2.51 billion. The demand for S-SBR in footwear and tire applications is increasing owing to its high synthetic flexibility is expected to drive market growth.

The automotive companies are developing vehicles with high performance and durability, resulting in stringent tire performances specifications. The S-SBR is the only material for the manufacture of high performance tires. The growth in the automotive industry is expected to have a positive impact in S-SBR market.

The increasing awareness regarding fuel saving coupled with technological advancements in tire rubbers is anticipated to show low dissipation energy such as high traction during braking, low abrasion, and low rolling resistance. S-SBR reduces the rolling resistance of vehicles, increases the fuel efficiency and improves the wet grip of tires is likely to replace emulsion styrene butadiene rubber (E-SBR) with S-SBR.

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The increasing exports of tires together with the rising demand for high-performance tires from importing countries is anticipated to drive the market growth of S-SBR market. The utilization of S-SBR in tires is growing owing to the tire labelling regulation of European Union regarding the improvement in tire grades.

The fluctuating prices of raw material are most likely to hamper the S-SBR global market growth. In addition, S-SBR is expected to have a negative impact on the environment owing to its petrochemical origin. However, the utilization of bio-based butadiene is anticipated to reduce the environmental hazards linked with S-SBR.

Application Insights

The tire industry accounted for over 81% of the total revenue share in 2016. The rising demand for S-SBR in high-performance tire manufacturing owing to its high fuel efficiency coupled with improved performance is likely to fuel over the projected period.

In terms of volume, the footwear industry was the second largest application. The application of the product in athletic shoes is on the rise owing to its grip and improved performance is likely to propel market demand. Furthermore, the availability of products through e-commerce platforms together with the changing fashion trends is expected to propel market demand.

The utilization of S-SBR in polymer modification process results in improving the end-product quality; as a result, it is utilized in the construction of roads and pavement. In addition, the application of S-SBR in the construction industry is for the alteration of cement and asphalt. These applications are likely to aid the market growth of S-SBR.

The share of polymer modification & footwear is anticipated to decline over the forecast period owing to the rising demand for the product in tire manufacturing together with the high supply-demand gap.

The S-SBR has numerous application in the adhesive industry such as caulking, lamination paper coating, and wall tiles. The demand for the product in the adhesive industry is likely to have a positive growth owing to rising application process of S-SBR together with the rapid advent of technology.

The substantial growth in demand for S-SBR in the tire industry is anticipated to have an adverse effect on its demand in other applications. The substitution of styrene isoprene styrene (SIS) in tires is likely to have a positive impact on the demand of S-SBR over the projected period.

Regional Insights

Asia Pacific accounted for over 39.3% of the global volume in 2016. The leadership of Asia Pacific is majorly on account of the demand of S-SBR in developing economies including China, India, and Japan. China is the largest market for tire manufacturing, resulting in high demand for S-SBR in the economy.

Europe was the second largest region based on volume in 2016. The tire labeling regulations of European Union is likely to boost the demand of S-SBR in the European economies. Furthermore, the stringent regulations regarding winter tires usage are anticipated to aid the demand of S-SBR.

Germany is the automotive hub for production and consumption of numerous vehicles. The high demand in the economy has led to the emergence of various tire manufacturing companies such as Herbert, and Styron, resulting in increasing demand for S-SBR in Germany.

The demand for S-SBR in Italy is expected to witness the fastest growth as compared to its counterparts owing to the rising utilization of high-performance tires in automotive manufacturing companies including Fiat, Alfa Romeo, Lancia, Ferrari, Maserati, and Lamborghini. Furthermore, the improved specifications of tires coupled with safety awareness among consumers are most likely to aid the market growth of the product.

Competitive Insights

The key players in the market such as China National Petroleum Corporation (CNPC) and Sinopec are vertically integrated including the manufacture of raw materials (styrene & butadiene) and further polymerizing to produce synthetic rubber in order to reduce the overall cost of S-SBR.

The complex manufacturing process of S-SBR reduces the competition in the market. The companies dealing with S-SBR include Dynasol, JSR, Sinopec, and Laxness. In addition, these companies are investing in improving the supply chain by vertical integration.

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Next Generation Cancer Diagnostics Market Status and Trends Report by 2024

 Industry Insights

Global next generation cancer diagnostics market size was worth USD 4,964.05 million in 2016 which is anticipated to grow at a CAGR of more than 9.7% over the forecast period. Rise in mortality rate due to the increasing occurrence of the cancer, second most predominant disease accounting for approximately 8.8 million deaths in 2015 is anticipated to escalate the market for these tests.

Advancements in tests enable early diagnosis and assist efficient detection of different types of tumors which in turn is expected to promote growth over the projected period. The introduction of new products by large bodies, merger, and acquisitions, and joint agreements such as the development of RNA-Seq Kit version by Agilent Technologies Inc. and Agendia Inc. are the factors accountable for the estimated CAGR.

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An escalation in the development of companion diagnostics in order to deliver advanced and personalized genomic medicine is also responsible for progress in the coming years.

Furthermore, the technological advancements driving the innovation in point-of-care testing devices is anticipated to aid in commercialization of advanced products thereby supporting revenue generation.

Technology Insights

Incorporation of technological advancements such as melting curve examination for identification of mutations, qPCR tools for profiling of tumor in clinical test centers, and gene deletions are accountable for the largest share apprehended by multiplexing and qPCR segment.

With the development of next-generation sequencing technology, the use of traditional methods such as protein and DNA microarrays is expected to decrease through the years. Other factors such as data interpretation tools, growth of supportive library preparation procedures, and technological advancements are accountable for the lucrative adoption of next generation oncology tests among researchers.

Application Insights

Growth in the number of research schemes to develop novel products and services which enable primary detection of tumor-causing mutations is expected to affect the advancement in genetic analysis over the forecast period. Biomarker tests offer greater sensitivity in screening and also demonstrate 90% accuracy levels in investigational studies which is attributive to induce progress in the coming years.

Function Insights

Risk analysis, prognostic based diagnosis, tumor screening, therapeutic monitoring, & theranostics are the different functions of next generation oncology diagnostic tests.

The prognostic diagnostics segment is anticipated to witness the fastest growth in the coming years as a consequence of higher adoption of prognosis which plays important role in designing oncology therapies and protocols for chemotherapy, radiation-based treatment, and gene therapy.

Regional Insights

The next generation cancer diagnostics market is dominated by North America with approximately 40% market share. Favorable government initiatives such as launch of “80% by 2018” program for detection of colon cancer is anticipated to propel progress in the coming years.

In this program, almost 170 groups including medical professional societies, health departments, government health departments, and cancer coalitions are functioning to accomplish the mutual goal of attaining 80% screening for oncology diseases by 2018 and are working forward to eliminate the oncology disorders.

Asia Pacific is anticipated to be the fastest developing region. Factors such as economic augmentation, higher investments, and greater untapped market are accountable for the fastest growth of resign in diagnosis sector.

Competitive Insights

Major entities functioning in the market include Novartis AG, Myriad Genetics Inc., Illumina Inc., Almac Group, Sysmex Corporation, F. Hoffmann-La Roche Ltd, Agilent Technologies, Genomic Health, Almac Group, Koninklijke Philips N.V, and Cepheid.

Market players by offering clinical analysis amenities are implementing geographic expansion strategies. Furthermore, reimbursement coverage plays an important factor to increase the patient convenience to the precision drug. For example, in October 2015, U.S., Medicare started the reimbursement procedure for a prostate tumor type known as Oncotype DX.

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Gastroesophageal Reflux Disease (GERD) Therapeutics Market Driving Factors Analysis Report 2025

 Industry Insights

The global Gastroesophageal Reflux Disease (GERD) therapeutics market size was valued at USD 5.66 billion in 2016 and by is estimated to be USD 4.34 billion by 2025, it is anticipated to observe a decrease in its revenue at a negative CAGR of -2.9%. Expiration of patented blockbuster drugs, which are indicated for the management of disorders of acid reflux is major restraining factors for this market.

With strong clinical pipelines and patent litigations, the market continues to experience significant changes. Proton pump inhibitors (PPI) and antagonists of histamine H2 receptor have the importance in current scenario of the market.

Upon loss of patent protection of formerly leading branded drugs, generic molecules with low-price can ingest the sales of the branded ones up to 90%. Rising number of companies being exposed to price scrutiny associated with shift in the focus of government on the promotion of consumer convenience will stimulate further reduction of drug prices. Although market turnover is affected by the expiration of major patents and the demand of drugs used to reduce acid, due to the increasing prevalence of heartburn, is anticipated to increase in the upcoming years.

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The devices of GERD serves as a substitute for management of heartburn, because of low rate of success and failure in clinical trials. Hence, very limited acceptance of devices of GERD management contribute for the rising demand of drugs having acid neutralizing property, as the major therapy approach.

Nevertheless, the advent of devices which are minimally invasive to address anatomical defects are gaining popularity coupled with supportive evidence from clinical data for performing various procedures including trans oral fundoplication, which helps in preventing reflux of non-acid and acid contents. The adoption of these devices have been further reinforced in the U.S. in 2016 with the advent of a CPT code (43210) which helps in facilitating reimbursement process.

Regional Insights

In 2016, the largest region was found to be North America in terms of share for GERD market. Every year, GERD symptoms are experienced by more than 80 million people in the U.S., of which, approximately 25 million patients suffer from acid reflux and heartburn daily and approximately 60 million patients monthly.

Moreover, outpatient clinic visits for GERD disorder in the U.S. has been increased in the past few years because of the more prone geriatric population to develop acid reflux and heartburn. On the contrary, the Asia Pacific is estimated to witness the fastest growth rate. The increasing geriatric population and dietary and lifestyle risk factors such as diet with high fat and obesity, is anticipated to drive the growth. In developing countries, the inclination towards self-medication is quickly increasing because of the affordability and availability of OTC antacids as in China and India.

Competitive Insights

Competitive market, which is generics-driven is creating a pressure on the prices of drug with decreased retail sales, which will stimulate stationary growth in future. Companies producing them range from high to medium on the basis of competitive rivalry. Eisai Co., Ltd.; AstraZeneca PLC; GlaxoSmithKline PLC; Johnson & Johnson and Takeda Pharmaceutical Co., Ltd.; are some of the top key players. In addition, Daewoong Pharmaceutical Co., Ltd.; SRS Pharmaceuticals Pvt. Ltd.; SFJ Pharmaceuticals Group and Ironwood Pharmaceuticals, Inc. are some emerging companies.

Among others, RaQualia Pharma, Inc. and Ironwood Pharmaceuticals, Inc. are focusing more on development of new generic molecules, which involves novel and existing drug mechanisms as a part of the strategy to enter into the competition. Many generic players are also trying to focus on these spaces in an attempt to capture a larger share by the new version to replace the patent expired drugs.

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