Precast Construction Market: North America Constitutes the Largest Market Share

The growth of the global precast construction market is driven by rapid urbanization and industrialization in emerging economies, increased efficiency of precast construction, and rise in demand for the development of low-cost residential units. However, low confidence in precast construction in earthquake-prone regions and lack of skilled labor in developing countries restrict market growth. Nonetheless, increasing investment in infrastructure is expected to provide lucrative opportunities for emerging market players in the near future.

According to a report published by Allied Market Research, the global precast construction market accounted for $137.40 billion in 2017 and is expected to attain $185.23 billion by 2022, growing at a CAGR of 6.3% during the forecast period, 2016-2022.

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By product type, the paving slabs segment is projected to grow at the highest CAGR of 7.2% during the forecast period, on account of enhancing safety during construction and its large potential to produce higher quality pavements. However, the columns & beams segment generated half of the overall revenue in 2017 and is expected to maintain this dominance through 2022.

By end user, the non-residential segment occupied three-fourths of the total market in 2017. This segment is also poised to register the highest CAGR of 6.6% through 2022, owing to high demand for low-cost housing due to increasing urban population in both developed and developing countries.

By construction type, the modular construction segment generated about four-fifths of the overall revenue in 2017 and is expected to grow at the highest CAGR of 6.8% from 2016 to 2022. Asia-Pacific accounted for the largest share in 2017, contributing nearly half of the market, owing to an increase in demand for residential construction in the region.

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The key players analyzed in the report include ACS Group, Bouygues Construction, Julius Berger Nigeria Plc, Komatsu Ltd., Laing O’Rourke, Larsen & Toubro Limited, Taisei Corporation, Balfour Beatty plc, Kiewit Corporation, and Red Sea Housing Services. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Why Terrazzo Flooring Market Booming in coming forecast years? Explore More

Upsurge in residential and non-residential construction activities, rise in inclination toward sustainable flooring, and enhanced durability and improved aesthetics of terrazzo would boost the growth of the global terrazzo flooring market.  

According to the report, the global terrazzo flooring industry garnered $21.69 billion in 2017 and is expected to reach $31.95 billion by 2025, registering a CAGR of 4.9% from 2018 to 2025.

Rapid proliferation of residential and non-residential construction activities, increase in focus on sustainable flooring among consumers, and advantages of using these floorings such as durability and high-end aesthetics drive the growth of the market. However, high initial costs and threat from substitutes like wood, marble, and others would hamper the market growth. On the other hand, ability to customize and produce a variety of designs would create new pathways for the market players in future.

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Epoxy terrazzo segment to be lucrative by 2025 

Epoxy terrazzo segment accounted for more than three-fourths of the total market share in 2017 and would maintain its lion's share during the forecast period, registering the highest CAGR of 5.1% from 2018 to 2025. This is attributed to its characteristics such as ease of installation, low maintenance, availability in varied colors, and growing utility in kitchens, bathrooms, and others. The report also analyzes cement-based terrazzo floorings.    

Educational institution segment to dominate throughout the forecast period 

Educational institution segment contributed more than one-third of the total market share in 2017, owing to significant rise in the number of educational institutes, auditoriums, universities, and schools in the U.S. as well as other developed countries. This segment will remain dominant throughout the forecast period. However, the transport infrastructure segment would grow at the highest CAGR of 6.8% from 2018 to 2025, owing to the increasing need to install these floorings at railway stations, airports, and other public places. The report discusses several applications such as commercial, government buildings, and others.

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Asia-Pacific to register the highest growth rate by 2025 

Substantial rise in demand for residential and commercial spaces have enabled the Asia-Pacific region to grow at the highest CAGR of 6.6% from 2018 to 2025. However, North America contributed more than one-third of the total market share in 2017, owing to the high demand for versatile surface material used in terrazzo flooring for enhanced visual effects and subtle texture, and would maintain this trend during the forecast period.

Frontrunners of the industry  

The key market players analyzed in the research include 4m Group, Diespeker & Co., Concord Terrazzo Company, Inc., KREZ Group, Kingspan Group, RBC Industries, Inc., Quiligotti Terrazzo Tiles Limited, Terrazzo Masters, RPM International Inc., and Venice Art Terrazzo Co., Inc. These players have adopted various strategies such as expansions, new product launches, mergers & acquisitions, joint ventures, collaborations, and others to strengthen their position in the industry.

About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Eye Tracking Market Size Growing at 37.1% CAGR - North America generated the highest revenue

The global eye tracking market was valued at $456.3 million in 2017, and is projected to reach $1,818.1 million by 2024, registering a CAGR of 37.1% from 2018 to 2024. In 2017, the head-mounted eye tracker segment dominated the eye tracking market, in terms of revenue, due to increase in demand for assistive communication devices and wide application areas offered by eye-tracking technology.

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An eye tracker is a device for measuring eye positions and eye movement. Eye tracking involves measuring of either the point of gaze (where one is looking) or the motion of an eye relative to the head.
Based on region, North America was the highest revenue contributor to the market in 2017, accounting for around 36.3% share, due to rise in the rapid growth of eye tracking in new applications such as lie-detecting systems and video gaming industry.

The report segments the eye tracking market based on type, application, industry vertical, and region. Based on type, the market is bifurcated as head-mounted eye tracker and remote eye tracker. According to application, it is divided into assistive communication, academic research, consumer behaviour research, and usability testing. Based on industry vertical, the market is further categorized into retail, automotive, healthcare, Military & Aerospace, and others (advertising, entertainment, and web designing). Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report features a competitive scenario of the eye tracking market and provides a comprehensive analysis of the key growth strategies adopted by major players. The key players in the global market are Tobii AB, LC technologies , Eyetech Digital Systems , Ergoneers GmbH, Smart Eye AB., Mirametrix Inc., Pupil Labs GmbH, Seeing Machines, SR Research Ltd., and Gazepoint.

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These players have adopted various competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
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5G Infrastructure Market Size, Share by 2025 - Global Market Growing at 95.8% CAGR

According to the report, the global 5G infrastructure market garnered $371.4 million in 2017 and is expected to reach $58.17 billion by 2025, registering a CAGR of 95.8% from 2018 to 2025. Growing penetration of M2M/IoT connections and surge in demand for mobile broadband services drive the global 5G infrastructure market.

Growing penetration M2M/IoT connections and surge in demand for mobile broadband services drive the global 5G infrastructure market. However, huge initial investment, implementation challenges regarding technology & infrastructure, and increase in security and privacy concerns limit the market growth. On the other hand, increase in government initiatives for building smart cities in emerging economies create new pathways in the industry.

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Small cell segment to maintain its dominance by 2025 Based on communication infrastructure, the small cell segment contributed nearly two-fifths of the total market share in 2017 and will maintain its dominance by 2025. This is due to surge in demand for mobile broadband service and its ability to efficiently offer high-speed broadband. However, the radio access network segment would grow at the highest CAGR of 108.0% during the forecast period, 2018–2025, owing to its evolution and support for multiple-input, multiple-output (MIMO) antennas, multi-band carrier aggregation, large spectrum bandwidths, and Distributed Antenna System.

ASIC to maintain its leadership status during the forecast period Based on chipset type, ASIC held the major share in 2017, accounting for nearly half of the total market share and is expected to maintain its leadership status by 2025. This is due to increase in demand for custom chips. On the other hand, FPGA is expected to register the highest growth rate with a CAGR of 109.6% from 2018 to 2025, owing to its reprogramming characteristics that led to wide adoption.

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Asia-Pacific to maintain its dominant position by 2025
According to report Asia-Pacific accounted for more than one-third of the total share in 2017 and will maintain its dominant position by 2025, owing to huge adoption of smart technologies in the region. However, LAMEA is expected to grow at the highest rate, with a CAGR of 119.4% from 2018 to 2025, owing to high rate of adoption of advanced systems and solutions in different industry verticals in the region.

Leading market players Leading market players analyzed in the report include AT&T, Huawei Technologies Co., Ltd., Ericsson, Intel Corporation, Hewlett Packard Enterprise (HPE), Nokia Corporation, Mediatek Inc., Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., and Verizon.

About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220 
United States 
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5G Technology Market Size, Share by 2026 - Global Market Growing at 122.3% CAGR

According to the report, the global 5G technology market generated $5.54 billion in 2020 and is estimated to garner $667.9 billion by 2026, growing at a CAGR of 122.3% from 2020 to 2026. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

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Increase in demand for low latency connectivity in industrial automation and surge in demand for content streaming services are the two major factors that drive the growth of the global 5G technology market. Furthermore, growth in number of IoT devices and adoption of edge computing supplements the market growth. On the other hand, small cell deployments challenges and implementation of fiber backhaul hamper the 5G technology market growth. However, increase in investments in smart cities and opportunity in autonomous vehicles provide lucrative opportunities in the 5G technology market forecast.

The hardware cement segment to maintain its leadership status by 2026-

Based on offering, the segment is divided into hardware, software, and services. The hardware segment accounted for more than half of the total market share in 2020 and is expected to maintain its dominance by 2026. This is due to 5G hardware facilitates edge processing leading to low latency levels and it is dominated by small cell infrastructure with a dense, distributed network of base stations. However, services segment is estimated to project the fastest CAGR of 133.1% from 2020 to 2026, owing to the spur in innovation and adoption of cutting-edge technologies in smart cities

The manufacturing segment to maintain its dominance throughout the forecast period-

Based on end use, the segment is divided into manufacturing, automotive, energy & utilities, transportation & logistics, healthcare, government, media & entertainment, and others. The manufacturing segment held nearly one-fifth of the total market share in 2020 and will maintain its dominance throughout the forecast period, owing rise in industry of refurbished robots. However, the automotive segment is estimated to register the highest CAGR of 130.3% from 2020 to 2026 owing to the increase in smart cities and surge in demand for connected cars using internet of things (IoT), are majorly contributing to the growth of the autonomous vehicles market.

The Asia-Pacific region to grow at the fastest CAGR-

The Asia-Pacific region accounted for nearly two-fifths of the market in terms of revenue in 2020. Moreover, this segment is estimated to register the highest CAGR of 130.7% from 2020 to 2026 since Asia-Pacific is estimated to be the largest region in the 5G technology market in response to great initiatives by government in key economies toward deployment of 5G spectrum. Moreover, Asia-Pacific is origin for many new entrants in multiple markets, which is also expected to fuel demand for 5G technology in the region.

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Frontrunners of the industry

Leading market players analyzed in the research include Deutsche Telekom AG, Ericsson, Huawei Technology, Nokia, Orange S.A., Qualcomm Inc., Telecom Italia, Telstra, T-Mobile, and Intel Corporation. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
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