Heavy Construction Equipment Market To Experience Lucrative Growth Due To Steady Investment In The Infrastructure Sector Till 2025: Grand View Research, Inc.

The global heavy construction equipment market is expected to reach USD 90.4 billion by 2025 at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Increased investment in infrastructure has been a major factor driving market growth. 

Rise in infrastructural development around the world is the key catalyst that will propel market growth over the forecast period. Infrastructural development results in increased construction activities, which eventually creates a demand for heavy duty construction equipment. Developed infrastructure boosts economic growth by assisting cross-border trade and industrial growth.

Private financing is a key way to fund infrastructural development plans. For instance, infrastructure development in India has witnessed increased participation of private players in recent years. Moreover, the Indian government has increased its budget for infrastructural development.

Heavy construction equipment market is likely to witness high demand due to various government initiatives to expand airports globally. As of January 2015, global investments for construction of airports was nearly USD 540.0 billion. For instance, news reports suggest that the total number of passengers traveling via Mumbai (India) airport has tripled in the last decade. To overcome this, the Indian government has approved an investment of USD 2 billion for the construction of the Navi Mumbai airport, which will help distribute domestic and international passengers.  Development plans such as these are sure to give the global market a major boost.

Browse full research report on Heavy Construction Equipment Market: www.grandviewresearch.com/industry-analysis/heavy-construction-equipment-market             

                                                                         

Further key findings from the report suggest:

• The global heavy construction equipment market demand was valued at USD 55.9 billion in 2016 and is expected to register a CAGR of 5.4% from 2017 to 2025. Increased investments in  the infrastructure sector, especially in developing countries such as India, Malaysia, and Indonesia, is a key factor
• Earth moving machinery emerged as the largest product segment and is estimated to generate a revenue of USD 36.6 billion by 2025. This can be attributed to rise in investments to develop airports across the globe
• Real estate is anticipated to be the fastest-growing application segment over the forecast period with a CAGR of 6.3%. This sector is driven by development of smart cities in countries such as India, France, and Singapore
• Asia Pacific is anticipated to register the fastest growth, registering a CAGR of 6.6% by 2025. This can be attributed to growth of construction activities in countries such as India, Malaysia, and China
• Key market players include Komatsu Ltd.; Volvo; Caterpillar Inc.; and Hitachi Construction Machinery. Market players have forward integrated their operations to gain competitive advantage in the global market
• In 2016, SRB Group of India entered into a joint venture with Russia-based Uralmash Machine-Building Corporation to manufacture heavy duty construction equipment for the Indian market

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/hvac-and-construction-technologies                                                                                     

Grand View Research has segmented the global heavy construction equipment market report on the basis of product, application, and region:

Heavy Construction Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)

• Earth Moving Machinery
• Material Handling Machinery
• Concrete & Road Machinery
• Others

Heavy Construction Equipment Application Outlook (Revenue, USD Million, 2014 - 2025)

• Infrastructure
• Real estate
• Other

Heavy Duty Construction Equipment Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-heavy-construction-equipment-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

Boosting Demand Of Cloud Radio Access Network Market Due To Need For Energy Efficient And Cost Effective Network Architecture Till 2025

The global cloud radio access network (C-RAN) market is expected to reach USD 31.71 billion by 2025, according to a new report by Grand View Research, Inc. The networks ecosystem is on the verge of a transformation owing to growing demand data requirements for the Internet of Things (IoT) and the advent of 5G technologies which will lead to the requirement of new services and applications is anticipated to drive the growth of C-RAN architecture market over the forecast period. The market for the virtual/ cloud RAN architecture is expected to gain traction over the forecast period.

The Infrastructure segment holds the largest share of Cloud-RAN industry in 2016 and is expected to reach over USD 17.05 billion by 2025. The market for the LTE & 5G segment is expected to grow at the highest CAGR over the forecast period from 2017 to 2025. The evolution of 5G is projected to place challenges on present network infrastructure in the form of technologies and operation model.

The currently available mobile networks infrastructure is designed to meet the requirements for voice and traditional mobile broad band services. These infrastructures are not flexible enough to support 5G services owing to the multiple number standard upgrades and complex interfaces. Centralized-RAN is emerging as the critical network architecture for 5G, it has innovative elastic and scalable network architectures which can provide the required capabilities to the incorporation of 5G network.

Browse full research report on Cloud Radio Access Network Market: www.grandviewresearch.com/industry-analysis/cloud-ran-market                                                                                      

Further key findings from the report suggest:

• The global C-RAN market accounted for USD 4.72 billion in 2016 and is expected to grow at a CAGR of 23.9% from 2017 to 2025
•  Outdoor deployment segment emerged as the largest segment in 2016 and is estimated to generate revenue over USD 26.08 billion by 2025
• The market for design and development service is anticipated to witness the highest growth of a CAGR of 23.1% over the forecast period
• The Asia-Pacific market hold the largest share in the C-RAN market in 2016. The growing deployment of C-RAN by the mobile operators in China, Japan and South Korea to better meet heavy mobile data demand by improving existing 4G network coverage and to support the future 5G roll out in the region
• Key players include Ericsson AB, Inc., Nokia Corporation, Huawei Technologies Co., Ltd., Fujitsu Ltd and ZTE Corporation are accounting for the majority share of the overall market in 2016

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software           

                                                                          

Grand View Research has segmented the C-RAN market on the basis architecture, component, network deployment and region:

Architecture Outlook (Revenue, USD Million, 2014 - 2025)

• Centralized
• Virtualized /Cloud RAN

Component Outlook (Revenue, USD Million, 2014 - 2025)

• Infrastructure
• Remote Radio Units
• Baseband Units
• Fronthaul
• Solution
• Services
• Consulting
• Design and deployment
• Maintenance and support
• Others

Network Outlook (Revenue, USD Million, 2014 - 2025)

• 3G
• LTE & 5G

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

• Indoor
• Outdoor

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

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• South Korea
• Latin America
• Brazil
• Mexico
• Middle East & Africa 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-cloud-ran-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

Fire Trucks Market To Experience Beneficial Growth Due To Growing Demand For Fire Safety Till 2024: Grand View Research, Inc.

The global fire trucks market is projected to reach USD 7.41 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for fire trucks owing to rising penetration in application segments, including residential & commercial, enterprises & airports, and military, is expected to drive market growth over the forecast period.

Growing infrastructure in the developing countries including India, China, South Korea coupled with increasing awareness regarding fire safety is expected to drive the demand for fire trucks over the next eight years. The demand in enterprises and airports for fire apparatus and increasing governmental regulations towards ensuring fire safety compliance is expected to be a contributing factor for market growth across the globe.

China Fire Trucks market, by application, 2011 - 2024 (Units)

The market consists of raw material suppliers, manufacturers, distribution channels, and end user applications. The companies including Alexis Fire Equipment Co. and Xuzhou Handler Special Vehicle Co. Ltd. procure raw materials such as chassis and metal sheets required for manufacturing of fire trucks from the local suppliers, as it saves transportation costs. However, few companies including Gimaex International and Albert Ziegler GmbH purchase trucks instead of chassis from established truck manufacturers such as MAN and Scania, install the components and fire equipment, and sell them to the fire departments.

Browse full research report on Fire Trucks Market: www.grandviewresearch.com/industry-analysis/fire-trucks-market                                                                                           

Further key findings from the report suggest:

• Residential & commercial application accounted for over 40% of the overall fire trucks market. Growing global population and resultant surge in building & construction activities have led the government to enforce stringent fire safety regulations across all sectors. This resulted in a significant increase in demand for fire trucks and is expected to drive market growth significantly over the forecast period.
• China demand for fire truck was valued at over USD 650 million in 2015. High production capacity coupled with inexpensive labor are expected to be the driving forces for rising demand and supply for fire trucks in the country.In addition, growing application in manufacturing sector and residential sector is expected to aid market growth in China.
• North America accounted for a large share of the market, and is expected to witness significant growth, growing at over 6% over the forecast period. Large number of fire stations and stringent regulations regarding fire safety are expected to be the key factors for market growth in the region.
• The market in Europe, Middle East & Africa (EMEA) is expected to grow at a CAGR of over 5%. Product innovation, coupled with technological advancements in the industry, is expected to be the drivers of the EMEA market. However, high import prices are expected to restrain fire trucks market growth in Middle East & Africa.
• Key players in the industry include Rosenbauer International AG, Oshkosh Corporation and Magirus GmbH. Auxiliary Power Unit is an idle-reduction technology designed by Rosenbauer International AG, specifically for use on fire apparatus; this is expected to save operating costs of endusers by a huge margin.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/automotive-and-transportation                                                                                        

Grand View Research has segmented the fire trucks market on the basis of application and region:

Fire Trucks Application Outlook (Volume, Units; Revenue, USD Million, 2011 - 2024)

• Residential & Commercial
• Enterprises & Airports
• Military
• Others

Fire Trucks Regional Outlook (Volume, Units; Revenue, USD Million, 2011 - 2024)

• China
• North America
• Europe, Middle East & Africa (EMEA)
• Asia Pacific
• Rest of the World

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-fire-trucks-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

Horizontal Directional Drilling Market Will Cross $14.95 Billion By 2022: Grand View Research, Inc.

The global horizontal directional drilling market size is expected to reach USD 14.95 billion by 2022, growing at a CAGR of over 14% from 2015 to 2022, according to a new report by Grand View Research, Inc.

Horizontal Directional Drilling (HDD), which is a trenchless technique used for the installation of underground cables, pipes, and conduits along a pre-determined path by using a surface-launched drilling rig, has gained immense prominence on account of negligible damage caused to the topography of the surrounding area.

North America horizontal directional drilling market by end-use, 2012-2022, (USD Million)

The growth prospects for this market are bullish due to high demand originating from the telecommunications sector. Telecom companies have started taking measures in order to make 4G and 5G services available to all, which has consequently increased the demand for installation of cellular towers. Demand from utilities (electricity distribution, natural gas distribution) is expected to remain steady throughout the forecast period, thereby ensuring uniform growth of the HDD market.

Substantial HDD projects as a result of unqualified engineers and consultants without any prior HDD project design experience hired by owners and lack of contractor review for constructability prior to project inception are some of the challenges faced by the HDD industry.

Browse full research report on Horizontal Directional Drilling Market: www.grandviewresearch.com/industry-analysis/horizontal-directional-drilling-hdd-market      

                                                                               

Further key findings from the report suggest:

• Projected to grow at a CAGR of 15% from 2015 to 2022, telecommunications is expected to drive the horizontal directional drilling market over the forecast period. Fiber and telecommunication cable deployments have witnessed an upsurge over the last few years and are not expected to show any signs of weakening over the next seven years. The digitization trend has been gradually adopted by both, developed and developing countries worldwide and cable & broadband providers are striving hard to expand their networks to address the growing demand.
• Utilities contributed to over 55% of the overall revenue in 2014, and the sector is expected to continue being a key application area for HDD throughout the forecast period. This can be attributed to the growing need for electricity, water, and natural gas supply to cater to the needs of the expanding population.
• North America contributed to over 30% of the horizontal directional drilling market revenue and is expected to continue growing steadily over the next seven years, with telecommunication and energy garnering a major chunk of the revenue share. Asia Pacific is projected to grow at a CAGR of close to 15%, the high growth being attributed to increased demand for utility installations and growing broadband subscribers, particularly in China, India, Australia, and Japan.
• HDD equipment manufacturers including Vermeer, Ditch Witch, Midwest Underground, and Universal HDD provide drilling machines of varying thrusts and spindle torques depending on the application area. Some equipment manufacturers also forward integrate and provide contracting services to the end users, leveraging their expertise in the domain.
• Contractors such as UEA, Ferguson Michiana, Michels Corporation, and Nabors form a key element of the value chain. They are responsible for the execution of a complete project, from procuring equipment from the manufacturers, investigating the drilling site to determine feasibility, employ experienced drillers, monitor the HDD process and ensure that drilling standards are followed and ensure overall safety.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/hvac-and-construction-technologies 

                                                                                    

Grand View Research has segmented the global horizontal directional drilling market on the basis of end-use and region:

HDD End-Use Outlook (Revenue, USD Billion, 2012 - 2022)

• Utilities
• Telecommunication
• Others

HDD Regional Outlook (Revenue, USD Billion, 2012 - 2022)

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

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-horizontal-directional-drilling-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

Microwave Devices Market Is Driven By Continuously Growing Aerospace And Military & Defense Market Till 2024: Grand View Research, Inc.

The global microwave devices market is estimated to reach USD 11.86 billion by 2024, according to a new study by Grand View Research, Inc. The increasing demand from military and defense industry is expected to drive the market growth over the forecast period. Radar systems use these devices for navigation and air surveillance.

Technological proliferations, in the medical industry, are anticipated to enable the use of advanced technologies such as microwave ablation. This technology uses a microwave, which is focused on the infected tissue and heated, to avoid excess nerve damage. Furthermore, these devices are also used to remove unwanted tissue mass such as a tumor. They are widely used in medical applications, owing to their short wavelengths, which reduce excessive surface penetration, and ability to allow precise ablations. The devices are mainly used in treating diseases such as skin cancers, uterine fibroids, and corneal ablation.

North America microwave devices market, by application, 2014 - 2024 (USD Billion)

The growing usage of mobile phones, mainly in the emerging economies, is enabling the use of microwave devices, owing to their high frequencies that allow data transmission over long distances. Advancements in healthcare facilities are expected to further improve the market growth in these regions, due to increased production of low-cost and affordable medical devices. The North American region has developed medical infrastructure and the latest technologies for facilitating extensive use of these devices.

Browse full research report on Microwave Devices Market: www.grandviewresearch.com/industry-analysis/microwave-devices-market 

                                                                             

Further key findings from the report suggest:

• The increased implementation of C-band in weather radar systems, Wi-Fi, and satellite communication is anticipated to drive the market growth. This growth is characterized by optimum performance, in terms of low signal loss and high frequency range.
• The increasing need for Unmanned Ariel Vehicles (UAV) for collecting ground information and radar systems for navigation are anticipated to increase the demand for microwave devices
• The medical segment is the fastest-growing application segment and is expected to witness a significant growth with a CAGR of 6% over the forecast period
• Technological advancements, in cancer detecting imaging systems, depend on these devices for advanced diagnostics and treatment
• The increasing usage of mobile handsets is promoting the use of microwave devices, such as frequency emitting towers and satellites, for sending and receiving data signals
• The spending on healthcare services in the APAC region is growing, owing to the aging population that requires and demands cost-effective medical facilities, increasing the demand for microwave products such as imaging systems.
• The key industry participants include Communications & Power Industries LLC, Cytec Corporation, e2V, L-3 Communication systems, MicroWave Technology, Inc., RFMD, Richardson Electronics, Ltd., Teledyne Technologies, Inc., Thales Group, TMD Technologies Ltd., and Toshiba Corporation, among others

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies                                                                              

Grand View Research has segmented the global microwave devices market based on band frequencies, applications, and regions:

Microwave Devices Band Frequency Scope (Revenue, USD Million; 2014 - 2024)

• S-Band
• C-Band
• X-Band
• Ku-Band
• Ka-Band

Microwave Devices Band Application Scope (Revenue, USD Million; 2014 - 2024)

• Communication
• Medical
• Military & Defense
• Others

Microwave Devices Band Regional Scope (Revenue, USD Million; 2014 - 2024)

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

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-microwave-devices-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

Solid State Transformers Market Is Witnessing Significant Growth Due To Increasing Preference For Renewable Energy Sources Till 2025.

The global solid state smart transformers market is projected to attain USD 531.5 million by 2025, according to a new study by Grand View Research, Inc. The growing investments in smart grid are presumed to stimulate the market growth over the next eight years.

The need for efficient power supply and low-cost electricity is significantly encouraging power companies to develop the solid-state transformer technology. The technology is anticipated to be commercialized by 2018 and is expected to pave way for large-scale adoption of SSTs for renewable energy distribution and smart grid systems.

Government investments for increasing the implementation of smart grid systems are further expected to drive the demand for SSTs over the forecast period. These transformers comprise features such as bidirectional power supply and lightweight and hence, are expected to improve the efficiency of power distribution.

The benefits of SSTs are encouraging their use in transport infrastructure and energy generation systems used in offshore oil drilling. These transformers provide on-demand power that increases the power distribution efficiency. Furthermore, they are anticipated to enable customers to adopt self-sustaining renewable energy sources such as solar and wind energy.

The industry players comprise mainly big players in the power & energy industry and are mainly focused on retaining their market share. Furthermore, these companies have a multi-regional presence and witness stiff competition. Investing in technologies that would increase their market share is the main area of focus for the companies. Thus, they are largely involved in development of SST technology.

Solid state (smart) transformers are expected to be largely adopted in developed economies, such as Europe and North America, post commercialization. These economies are expected to be followed by developing economies such as Asia Pacific, Latin America, and MEA.

Browse full research report on Solid State Transformers Market: www.grandviewresearch.com/industry-analysis/solid-state-smart-transformer-market                                                                            

Further key findings from the report suggest:

• High-frequency transformer is expected to be the fastest growing component segment, growing at a CAGR of 24.2% over the next eight years, owing to its power output characteristics when used in different combinations
• Regions such as Europe and North America are expected to be the early adopters of solid state transformers, owing to the increasing adoption of renewable energy sources
• Europe is presumed to be the fastest-growing regional market and is expected to reach USD 259.0 million by 2025, owing to high investments in smart grid technologies
• Transportation is expected to be the fastest growing end use segment, registering a CAGR of 25.1% from 2017 to 2025, owing to the large-scale development of transport infrastructure in developing regions such as Asia Pacific
• The key industry participants include ABB Ltd., General Electric, Alstom, Mitsubishi Electric Corporation, Siemens AG, Schneider Electric SE, Cooper Power Systems, Varentec, Inc., Amantys Limited, and GridBridge, among others

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies                                                                             

Grand View Research has segmented the global solid state smart transformers market based on product, technology, application, end-use, and region:

Solid State (Smart) Transformer Product Scope (Revenue, USD Million; 2014 - 2025)

• Distribution Solid State Transformer
• Power Solid State Transformer
• Traction Solid State Transformer

Solid State (Smart) Transformer Component Scope (Revenue, USD Million; 2014 - 2025)

• Converters
• High-frequency Transformers
• Switches
• Others

Solid State (Smart) Transformer Application Scope (Revenue, USD Million; 2014 - 2025)

• Alternative Power Generation
• Electric Vehicle Charging Stations
• Power Distribution
• Traction Locomotives
• Others

Solid State (Smart) Transformer End-use Scope (Revenue, USD Million; 2014 - 2025)

• Energy
• Transportation
• Others

Solid State (Smart) Transformer Regional Scope (Revenue, USD Million; 2014 - 2025)

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

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-solid-state-smart-transformer-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