Wednesday, 7 October 2015

3D Scanning Market Size, Analysis To 2020: Grand View Research, Inc.



The global 3D Scanning Market is expected to reach USD 4.90 billion by 2020, according to a new study by Grand View Research, Inc. Surging demand across several application areas along with technological advancements are expected to be key factors driving 3D scanning market growth over the forecast period. The technology is poised for growth owing to its ability to provide high resolution and rapid 3D digitization over conventional scanning techniques.
Increasing usage across applications such as historic edifice preservation is also expected fuel market growth over the next few years. Aging infrastructure with historical significance needs to be preserved and documented, which is also expected to drive market growth. Suppliers of hardware as well as software solutions emphasize on continuous improvements in workflow and ease-of-use, thereby driving sales and resulting in a technology being more accessible to professional users. However, high-priced scanners may hamper the 3D scanning market.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/3d-scanning-industry
Further key findings from the study suggest:
  • In 2013, laser scanners emerged as the dominant product segment accounting for over 60% of the 3D scanning market. The structured light product segment is expected to rapidly gain market share over the forecast period owing to its ability to make rapid prototypes with high degree of accuracy across numerous applications.
  • Short range scanners accounted for majority of the overall 3D scanning market in 2013. These scanners deploy techniques such as laser triangulation and structured light and have a focal distance of less than a meter, which is expected to drive market growth over the forecast period.
  • The industrial manufacturing segment dominated the market in 2013, accounting for over 30% of the overall revenue. This is because 3D scanning offers several advantages when compared to conventional data collection techniques. 3D scanners provide improved worker safety, improved accuracy and compatibility making it suitable in several applications for comprehensive data capture.
  • In 2013, Europe emerged as the largest market; growth across the industrial sector is expected to favorably impact regional market growth over the next six years.
  • Key market players include Topcon, Maptek, FARO Technologies, Basis Software Inc (Surphaser), Ametek (Creaform) and 3D Digital Corp. Developing cost-effective as well as technologically advanced scanners is expected to be key growth strategy.
For the purpose of this study, Grand View Research has segmented the global 3D scanning market on the basis of product, range, application and region:
3D Scanning Product Outlook (Revenue, USD Million, 2012 – 2020)
    • Laser Scanner
    • Structured Light Scanner
    • Optical Scanner
3D Scanning Range Outlook (Revenue, USD Million, 2012 – 2020)
    • Short Range
    • Medium Range
    • Long Range
3D Scanning Application Outlook (Revenue, USD Million, 2012 – 2020)
    • Industrial Manufacturing
    • Aerospace & Defense
    • Healthcare
    • Architecture & Engineering
    • Entertainment & Media
    • Others
3D Scanning Regional Outlook (Revenue, USD Million, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • RoW
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                          


Engineering Services Outsourcing Market Size, Analysis To 2020: Grand View Research, Inc.



The Global Engineering Services Outsourcing (ESO) Market is expected to reach USD 415.74 billion by 2020, according to a new study by Grand View Research, Inc. Increased cost pressures on global firms resulting in constrained R&D budgets is a primary driver for market growth over the forecast period. Additionally, shorter product life cycles owing to dynamic consumer buying behavior are also expected to favorably impact market growth.
Enhancement in production process, cost advantage and lowered time-to-market are some of the other factors expected to boost market growth. Threat of intellectual property (IP) theft may pose a challenge to industry growth as it results in significant losses for businesses. Legal enforcements in a few offshore locations make it difficult for prosecuting firms which misuse confidential data and patents.
Further key findings from the study suggest:
  • ESO demand in telecom accounted for over 20% of the overall market in 2013. Telecommunications service providers have been implementing operations and business support systems for ensuring smooth business operations. This requires significant back-end expertise and equipment, thus propelling the use of ESO in systems. The consumer electronics segment is expected to witness the fastest growth over the forecast period. This can be primarily attributed to drastic reduction in product life cycles, forcing companies to bring about product innovations at a faster rate.
  • Asia Pacific was the largest regional market in 2013, accounting for over 50% of the total demand; it is further expected to remain the market leader over the forecast period. This is mainly on account of the presence of a large talent pool, strong manufacturing base, emerging local demand and cost arbitrage in countries such as China and India. The market in Europe is expected to grow at a CAGR of over 25% from 2014 to 2020, owing to an inclination among several European firms to outsource engineering activities within the same country or within Western European nations for ensuring regulatory compliance.
  • Key industry participants include HCL Technologies Ltd, Wipro, Tata Consultancy Services and Infosys Ltd. Other companies operating in the market include VanceInfo Technologies Inc., Tata ELXSI, QuEST Global, MindTree Ltd., KPIT Cummins Infosystems Ltd., Infotech Enterprises Ltd., IGATE Corp., GlobalLogic, EPAM Services, Cybage Software Pvt. Ltd., Calsoft Labs, Aricent Group, etc.
For the purpose of this study, Grand View Research has segmented the global engineering services outsourcing market on the basis of end-use and region:
ESO End-Use Outlook (Revenue, USD Billion, 2012 – 2020)
            • Aerospace
            • Automotive
            • Construction
            • Consumer Electronics
            • Semiconductors
            • Pharmaceuticals
            • Telecom
            • Others
ESO Regional Outlook (Revenue, USD Billion, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
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                          


Software Defined Networking Market Forecast, Trends To 2020: Grand View Research, Inc.



The global market for Software Defined Networking (SDN) is expected to reach USD 4,909.8 million by 2020, according to a new study by Grand View Research, Inc. Increasing demand for mobility and proliferation of mobile devices is expected to fuel the market over the next six years. Grand View Research also observes that the need to implement cloud computing services in an effective manner is expected to positively impact the industry on a global level.
By providing a software interface and easier management of network services, software defined network aids in establishment of efficient network infrastructure. Lack of standardization in implementation of SDN and difficulty in migration from legacy systems are expected to restrain market growth to a certain extent over the forecast period. The growing trend of BYOD (Bring Your Own Device) in organizations is expected to serve as an opportunity for market participants.
Further key findings from the study suggest:
  • Enterprises were the largest end user segment in 2013, and accounted for over 40% of the overall market share. Telecommunications service providers are expected to be the fastest growing end user segment, with an estimated CAGR of 45.6% from 2014 to 2020. In terms of SDN solutions, cloud virtualization applications are expected to be the largest and fastest growing segment; they accounted for over 30% of the overall market share in 2013.
  • North America is expected to remain the largest market over the forecast period as a result of high penetration of mobile devices and need for enhanced network infrastructure in the region. Asia Pacific is expected to be the fastest growing market, at an estimated CAGR of 47.7% from 2014 to 2020.
  • The global SDN market consists of a large number of players vying to provide end-to-end solutions. Mergers and acquisitions to consolidate market share and offer hardware, software as well as services are frequent in the industry as key strategic initiatives. Major industry participants in the market include Cisco, IBM, VMware, HP, Alcatel-Lucent, NEC, and Juniper Networks among others.
For the purpose of this study, Grand View Research has segmented the SDN market on the basis of end users, solutions, and region:
SDN End Users Outlook (Revenue, USD Million, 2012 – 2020)
            • Enterprises
            • Cloud service providers
            • Telecommunications service providers
SDN Solutions Outlook (Revenue, USD Million, 2012 – 2020)
            • Switching
            • Controllers
            • Cloud virtualization applications
            • Others
SDN Regional Outlook (Revenue, USD Million, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
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                          


Tuesday, 6 October 2015

3D Printing Market Growth, Trends, Segment To 2020: Grand View Research, Inc.



The global market for 3D printing was estimated to be USD 2,183 million in 2012, and is expected to reach USD 8,675.7 million by 2020, as per a new study by Grand View Research, Inc. The ability to facilitate low-volume manufacturing in a cost-effective manner is expected to fuel the market over the next few years. Further, the report analyzes that the growing need for flexible and customized products is expected to positively impact demand for 3D printing.
Automotive and healthcare industries in particular, are estimated to be key growth areas for revenue generation. Automotive is expected to be the largest and fastest growing application, with an estimated CAGR of 19.6% from 2013 to 2020. The market for medical applications was valued at USD 397.2 million in 2012, with dental applications expected to contribute largely to this segment. Concerns over protection of intellectual property from products manufactured using 3D printing are expected to restrain the industry from reaching its target potential. Backward integration in the value chain in terms of acquisitions of software 3D designing participants has been analyzed to be an opportunity for gaining competitive advantage.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/3d-printing-industry-analysis
Further Key findings from the study suggest:
  • North America led the market, with approximately 42% of the overall market share in 2012
  • Europe is expected to grow at the highest CAGR of 20.4% from 2013 to 2020, which can primarily be attributed to increase in funding from regulatory bodies. Furthermore, increasing investment in research and development are expected to be favorable factors for market expansion in this region
  • In terms of raw material used for manufacturing, polymers are expected to dominate the market, and accounted for more than 35% of the overall revenue in 2012
  • The industry is moderately consolidated, with mergers and acquisitions emerging as the key growth strategy. Major industry participants include Stratasys Inc., 3D Systems Corporation, Envisiontec GmbH, and Materialise NV among others.
Grand View Research’s report estimates the market in terms of revenue (USD Million) and segments it as follows: 
  • 3D Printing Application Outlook:
    • Automotive
    • Aerospace
    • Consumer Products
    • Medical
    • Others
  • 3D Printing Raw Material Outlook:
    • Polymers
    • Metals
    • Ceramic
    • Others
  • 3D Printing Regional Outlook:
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)
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