U.S. Online Eyewear Market Size to Grasp USD 505.4 Million By 2025

10 September 2018, The U.S. Online Eyewear Market is expected to reach USD 505.4 million by 2025, primarily driven by increasing penetration of Internet of Things (IoT) in the eyewear and optics market. Increasing awareness regarding eye care coupled with rising number of cases with blindness and low vision are expected to drive the market over the forecast period. Availability of wide range of products such as sunglasses, spectacles, contact lenses, Rx. Sunglasses for both men and women across all the websites in the U.S. is further anticipated to fuel the market demand. Approximately, 2.9 million Americans have low vision which makes the region potential market base for new as well as existing players. Around 1.3 million Americans are blind, and this number is expected to reach around 2.1 million by 2030. Moreover, increasing prevalence of eye disorders such as Age-related Macular Degeneration (AMD), Glaucoma, Diabetic Retinopathy, Cataract and Refractive Error are projected to fuel the demand for online purchase of eyeglasses.

 

U.S. online eyewear market revenue split, by type, 2017 (% share)

Additionally, busy lifestyle within working population in the U.S. prefer online shopping of accessories and other essential day to day goods. This trend is expected to drive the industry demand for online sale of sunglasses, spectacles and contact lenses over the forecast period. Continuous availability of schemes and offers on online portals to attract customers is one of the major reason for online purchase of eyewear. This trend is likely to continue and benefit the market growth by 2025.

The glasses segment generated highest revenue in 2017 and is estimated to do so over the forecast period on account of wide range of products offered by the manufacturers under the segment. Rising popularity of sunglasses as well as trendy eyeglasses is further driving the market in future. Eyeglasses and sunglasses manufacturers are concentrating on launching new products to the consumers which are readily available for sale on online platforms. Contact lenses are expected to show linear growth on account of perception of buying contact lenses through offline means which include retail shops after consulting ophthalmologists. Daily disposable contact lenses are expected to gain popularity on account of its less price compared to counterparts.

Additionally, services which includes complete customization of sunglasses as per requirements are gaining popularity in the U.S. For instance, Luxottica Group S.p.A. (Ray-Ban) provides completely customized sunglasses according to the requirement of the customer. Such strategies are expected to drive the online eyewear market over the future period.

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The key players in the market include LensCrafters, ZENNI OPTICAL, Motion Global Limited, EYEBUYDIRECT.COM, Luxottica Group S.p.A. and many more. The online eyewear industry in the U.S. is characterized by presence of many well-established players providing online as well as offline sales of their products. The players in the market are concentrating on providing latest trends in the fashion world and somehow incorporating the design philosophy in the sunglasses models to attract potential as well as existing consumers.

Key players in the industry are offering latest models and designs of products to the consumers. For instance, Ray-Ban launched Scuderia Ferrari Collection which includes design philosophy mix and matched by Ray-Ban and Ferrari S.p.A. dedicated to the SCUDERIA FERRARI which is a Formula 1 team.

Hexa Research has segmented the U.S. online eyewear market report based on end-use:

Segmentation by end-use:

    • Glasses

    • Contact Lenses

Key players analyzed:

    • Luxottica Group S.p.A.

    • Bausch & Lomb Incorporated.

    • ZENNI OPTICAL

    • GlassesUSA.com

    • Frames For America, Inc.

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U.S. Bridge Crane Market Size to Grasp USD 1.42 Billion by 2025

10 September 2018, The U.S. Bridge Crane Market is expected to reach USD 1.42 billion by 2025. The market is expected to witness a lucrative growth in the coming years owing to growing construction project and wide application in manufacturing and automobile industry. Developed manufacturing industry in this country is anticipated to create more demand for bridge cranes over the forecast period. To move bulky or extremely heavy loads in a manufacturing facility, an overhead crane is used to lift or move loads. Multi directional movement application of bridge cranes in a manufacturing plant to store, load or unloading activities is anticipated to add market growth over the forecast period. Benefits such as smooth operation results in reduction in product damage, smart features, and multiple speed options is anticipated to create more demand over the forecast period. Manufacturing is the important sector in United States. Growing transportation through factory, and mills has created bridge crane demand over the past few years. However, changing preference from manufacturing to service-based economy has major threat to overhead cranes. In addition, high installation cost for bridge cranes may act as a key restraint factor for the market.

U.S. bridge crane market revenue split, by application, 2017 (% share)

Easier installation, maintenance, service, lower production cost, and low support structure cost due to lower overall weight properties made single-girder overhead cranes best suitable for light to medium duty cranes. Selection of bridge crane design is important factor as increasing complexity and extra materials leads to expensive design. Less product damage, cost effective use of space, less labor, and less maintenance makes it ideal for industrial and warehousing applications. Gantry cranes are widely used where overhead cranes are not strong enough. They are accepted as an alternative to overhead cranes. In 2017, gantry cranes accounted for smaller share of overall market share. space saving, durable, adaptive, less expensive, and proven effectiveness advantages of gantry cranes is anticipated to add bridge cranes market growth over the forecast period. In order to avoid floor obstructions, increased safety, improved load control, improved ergonomics, easy lifting of loads, and customizable properties of bridge cranes is anticipated to create more demand over the coming years. It is mostly used in water treatment plants, hot metal, modular home manufacturing, general contractors, shipbuilding, steel service centers, metal & chemical processing, steel fabrication, injection molding, construction, and military & government.

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Bridge crane industry in United States is fragmented in nature with large number of industries operating in this country. Some of the well-known players in this industry include Cargotec Corporation, Konecranes, Terex Corporation, GH CRANES CORPORATION, and GORBEL INC. Manufacturers in this industry are offering customizable bridge cranes in order to fulfill customers demand. Customizable cranes for precise placement, high duty cycles, tight dimensional constraints, bulky loads, systems with multiple cranes, maximizing lift height, and for hazardous environment has created competition among multiple players operating in this country. In addition, manufacturers are offering value added features in order to sustain in the market and attract more customers, such as improved monitoring system in order to reduce misuse of equipment and crane accidents.

Hexa Research has segmented the U.S. bridge crane market report based on type and application:

Segmentation by type, 2015 - 2025

    • Under running bridge & stack-storage

    • Single-girder overhead cranes

    • Double-girder overhead cranes

    • Gantry

    • Others

Segmentation by application, 2015 - 2025

    • Industrial

    • Warehousing & transportation

Key players analyzed:

    • Cargotec Corporation

    • Konecranes

    • Terex Corporation

    • GH CRANES CORPORATION

    • GORBEL INC.

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U.S. Bathroom Partition Market Size to Grasp $608.63 Million by 2024

10 September 2018, The U.S. Bathroom Partition Market is estimated to be worth USD 608.63 million by 2024, driven by the increasing renovation activities in commercial spaces. In addition, the U.S market for bathroom partition is anticipated to gain momentum on account of development for reducing CO2 emissions and energy consumption.

U.S. Bathroom Partition Market

States with rising urbanization and growing number of office buildings, commercial buildings, government buildings, warehouses, educational institutes, healthcare facilities, amusement, airport terminals, manufacturing buildings, restaurant & cafe, and shopping malls are expected to create a huge potential for the growth of the U.S bathroom partition market.

The growing number of restroom installations in public spaces coupled with the increasing commercial building stock is expected to augment market growth over the projected period.

The metal segment will continue to dominate the U.S bathroom partition market over the next few years owing to its virtuous aesthetics. However, non-metal which accounted for 39.1% of the market share in 2016 is expected to grow at the highest CAGR over the forecast period owing to its ease of construction and design.

Due to the U.S. Green Building Council (USGBC), materials should mandatorily meet Leadership in Energy, and Environmental Design (LEED) ratings, yet, not all partitions meet sustainability goals. Approximately, 50% of recycled steel is used in some powdered coated steel partitions which contain 36% post-commercial steel and 14% post-industrial steel, whereas, some stainless-steel bathroom partition in U.S typically uses 75% of recycled stainless steel.

Toilet partition commands the major market share and is expected to continue to do so over the forecast period as well. The urinal screen also commanded considerable market within the bathroom partition market. Urinal screens are visual barriers that are used to maintain privacy and are not required to enclose the urinal space.

Companies such as Hadrian Inc., Bradley Corporation, Knickerbocker Partition Corp., and Scranton Product are focusing on creating leading brands of advanced building products targeted at commercial buildings, government buildings, warehouses, and educational institutes. Leading companies are marketing their products through distributors and subcontractors such as J. Sallese and Sons, Inc., Thomas Publishing Company, Sustainable Supply Company, LLC, All Partitions, and Parts.

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Hexa Research has segmented the U.S. bathroom partition market based on material and type:

Segmentation by Material, 2014 - 2024 (USD Million)

• Metals

• Non-metals (Plastics)

Segmentation by Type, 2014 - 2024 (USD Million)

• Toilet Partitions

• Shower Partitions

• Urinal Screens

Key Players Analyzed

• Accurate Partitions Corp.

• Scranton Products

• General Partitions Mfg. Corp.

• Bobrick Washroom Equipment, Inc.

• Ironwood-Manufacturing

• Partition Systems International of South Carolina

• Metpar Corporation

• Hadrian Inc.

• Alan Lewis Incorporated

• Bradley Corporation

• Winsupply Inc.

• Marlite, Inc.

• Ampco Products, LLC

• Knickerbocker Partition Corp.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced-materials-industry

Water & Wastewater Treatment Market Worth $674.72 Billion By 2025

7 September 2018, The global Water & Wastewater Treatment Market to reach USD 674.72 billion by 2025, driven by the rising demand for freshwater for drinking, industrialization and agriculture. Treated water is suitable for various end-uses such as river flow maintenance, drinking, the supply of industrial water and irrigation.

Water And Wastewater Treatment Market

Water & wastewater treatment processes such as softening, deodorization and purification make the water more useful and potable. Asia Pacific was the largest market accounting for 43.9% of the revenue share in 2016. It is anticipated to gain momentum over the forecast period on account of the growing demand for filtered water for various applications.

Water treatment systems are either installed at the point of use or the point of entry. However, as drinking water is a vital priority for the population, the residential sector contributes significantly towards the development of water treatment market as compared to the industrial and commercial sector.

Central & South America water & wastewater industry is capable, but the absence of significant venture in infrastructure is unfavorable for its economic performance. Asia Pacific municipal water & wastewater market is likely to grow at a CAGR of 5.3% over the forecast period. This market has been rapidly growing owing to the presence of developing economies and a large concentration of population in the region. Asia Pacific’s vast and rising population, coupled with increasing middle class and rising incomes, will continue to drive demand agricultural resources and commodities.

The global equipment & services market accounted for USD 117.85 billion in 2016. The growth of equipment & services market is likely to gain momentum in the recent future, as it utilizes environment-friendly and economically feasible instruments and technologies.

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Few major players dominating the market are GE Water & Process Technologies, 3M Purification, Calgon Carbon, Aqua Tech International, Danaher, GDF SUEZ, Degremont, Veolia Water Solutions & Technologies and Siemens. Companies such as Siemens and GE, are using advanced products and equipment to gain a competitive advantage in the market. Major players in flow control services are acquiring firms in the treatment market. For instance, in June 2010, the largest pump provider, ITT acquired Filtration Company to expand its services such as dewatering pump and rental facilities.

Hexa Research has segmented the global water & wastewater treatment market based on type, end-use and region:

Segmentation by type, 2014 - 2025 (USD Billion)

• Chemicals

• Treatment Technologies

• Equipment & services

Segmentation by end use, 2014 - 2025 (USD Billion)

• Municipal

• Industrial

Segmentation by region, 2014 - 2025 (USD Billion)

• North America

    • U.S.

• Europe

    • UK

• Middle East & Africa

    • Saudi Arabia

    • Algeria

• Asia Pacific

    • China

• Central & South America

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U.S. Hydraulic Fracturing Market Size to Reach $13.91 Billion by 2025

 7 September 2018, The U.S. Hydraulic Fracturing Market to reach USD 13.91 billion by 2025, owing to the rise in the oil and gas exploration and extraction activities in the country over the forecast period. There is a rise in the demand for primary energy resources owing to the rise in population and industrialization. To meet these demands and ensure the continuous supply of natural resources in the country, the market for unconventional techniques such as hydraulic fracturing is expect to grow over the forecast period. This technology was first employed in in the U.S.in 1947 and has been constantly upgraded since then. In 2015, around 67% of natural gas was produced from hydraulically fractured wells in the country.

The U.S. hydraulic fracturing market is expected to grow significantly owing to the rise in the recent developments and innovations such as using hydraulic fracturing in combination with horizontal drilling during shale formations. This has revealed new sources for huge amount of natural gas supplies, which is fulfilling the energy needs of the nation and is expected to transform the energy future. The use of this technology was first employed around the year 2000 after which it was continuously being used in the oil and gas production and extraction processes.

There is a significant rise in the domestic oil and gas production from hydraulically fractured oil and gas production wells. In 2015, the production of oil from hydraulically fractured reservoirs accounted for more than 50% of the total oil production and the gas production accounted for around 70% of the total gas production in the country. This combination technology of directional drilling and hydraulic fracturing allows the oil and gas reservoirs to be punctured directionally or horizontally alongside the foundation of targeted rocks, giving exposure to the rock formation bearing oil and gas in the production well, which is expected to drive the growth for this market over the forecast period.

The hydraulic fracturing segment dominated the market in 2017 and is expected to maintain its dominant position over the forecast period owing to the use of hydraulic fracturing and horizontal drilling activities in conventional and unconventional reservoirs. Oil & gas industry recently has been experiencing a decline in the production rates from the present conventional reservoirs. In order to meet the demand for energy resources the industry participants are focusing on the development of unconventional oil & gas reserves by using various technologies such as hydraulic fracturing and other methods.

The use of hydraulic fracturing in the oil and gas extraction increases the yield of the resource from the well owing to which this widely used and is expected to grow over the forecast period. When hydraulic fracturing is used in combination with horizontal drilling, non-yielding wells and nonprofit rock formations are frequently rehabilitated into productive fields which yield a good amount of natural gas. The technology is majorly responsible for the growth and development of shale gas fields in the U.S. such as the Haynesville Shale, Barnett Shale, Marcellus Shale, and Fayetteville Shale gas fields. It has also been employed in yielding gas from tight rock units such as Niobrara Shale and Bakken Shale.

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The various process chemicals used during the employment of hydraulic fracturing technology is a huge cause of concern to the environmental activists in the natural gas industry. A regulatory environment is obligatory while commissioning these techniques where drilling occurs to ensure the environmental safety and protection of water supplies and people living in the zones.

The market for hydraulic fracturing is fragmented and competitive in nature. There are several players in the market delivering services in the U.S. and the competition is expected to grow over the forecast period. With the rise in the oil and gas extraction activities in the country the players are also focused on increasing their market share by providing efficient and effective services over the forecast period.

Hexa Research has segmented the U.S. hydraulic fracturing market report based on type and end-use:

Segmentation by service type, 2015 - 2025

    • Hydraulic fracturing

    • Other auxiliary services

Segmentation by end-use, 2015 - 2025

    • Oil & gas extraction

    • Others

Key players analyzed:

    • Halliburton

    • Schlumberger

    • Baker Hughes

    • Superior Well Services

    • United Oilfield Services

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U.S. Forklift Market Size to Reach $11.94 Billion by 2025

7 September 2018, The U.S. Forklift Market size to reach USD 11.94 billion by 2025, owing to the rise in the construction, building and infrastructural activities in the country. The U.S. forklift market is expanding owing to the swift infrastructural development and industrialization, mainly in the industrial, commercial, and housing industry and is expected to grow significantly over the forecast period. The Forklift industry in the U.S. is undergoing constant innovations and technological advancements owing to the rapid advancement of fabrication techniques and high end use of forklifts in the construction industry, which is expected to fuel the forklift market growth over the forecast period.

The electric type forklift trucks segments held the largest share in the market and is expected to grow at a significant rate over the forecast period. The electric type forklift trucks are gaining popularity owing to the employment of several cutting-edge technologies and the ease of use in various end-use applications throughout industries such as construction industry, manufacturing industry, freight handling end-uses which is anticipated to fuel the growth of the forklift industry over the forecast period. The electric forklift trucks are used for most of the warehouse and indoor applications. They also come in compact sizes and can move standard loads while sustaining the capacity to completely function in small spaces around 11 feet wide. More and more number of industries and companies are nowadays replacing, purchasing and upgrading to electric forklifts as they are more energy-efficient and environmentally friendly. Electric forklifts are a genuine substitute to lift trucks which are fueled by liquid and are more cost-effective and economical to run, equally potent and powerful, safe, easy to maintain, cleaner and quieter.

The electric forklift trucks are cheaper and easy to maintain and operate as compared to IC forklifts. Electric forklifts needs very low maintenance due to the presence of few moving parts, requires few fluids replacement such as engine oil, filters, and coolant. Furthermore, they also have significantly less hours lost due to maintenance interruption and failure or breakdown and just need an AC power source to charge or a spare battery which is expected to drive the demand for electric forklifts over the forecast period.

Forklifts trucks and industrial trucks mainly offer the competence of lifting, engaging, repositioning, depositing, and carrying several types of loads which is further anticipated to complement the industry growth in the coming years. The ever-increasing demand for forklift trucks in logistics storage and warehousing is estimated to boost the growth of the market over the forecast period. The demand for forklift trucks is growing on account of the rising trend of electric forklift being used by the warehouses and material handling divisions as these electric forklift are energy efficient and environment friendly as compared to internal combustion engine (ICE) forklift which is anticipated to fuel the product penetration of forklifts over the forecast period in the country over the forecast period.

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The U.S. forklift market is a highly fragmented in nature with a large number of existing and emerging new players. Major players in the forklift industry comprise of companies such as Hyster-Yale Material handling Inc., Crown Equipment Corporation, Cat Lift Trucks, Clark Material Handling, Toyota Material Handling U.S.A. and several others. Competitors are taking strategic initiatives and gaining confidence of their consumers to occupy a good market share and boost the competition in the market over the forecast period.

Hexa Research has segmented the U.S. forklift market report based on type and end-use:

Segmentation by type, 2015 - 2025

    • Internal combustion forklift

    • Electric forklift

    • Automated guided forklift

Segmentation by end-use, 2015 - 2025

    • Construction industry

    • Manufacturing industry

    • Freight handling applications

Key players analyzed:

    • Hyster-Yale Material handling Inc.

    • Crown Equipment Corporation

    • Cat Lift Trucks

    • Clark Material Handling

    • Toyota Material Handling U.S.A.

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Hernia Repair Market Size to Touch USD 6.60 Billion by 2024

6 September 2018, The global Hernia Repair Market is expected to reach USD 6.60 billion by 2024. Rigorous research & development activities, growing number of obese patients and high susceptibility of geriatric patients to suffer from hernia are expected to drive the market over the forecast period. Increasing technological sophistication in repair devices and rigorous research and development of the drug-eluting mesh is projected to boost the demand for hernia repair devices and consumables.

Hernia Repair Market 

Post-operative pain is growing concern post-repair with synthetic mesh. Though the cause of pain varies from patient to patient, a primary reason for pain is inflammation associated with the synthetic mesh. Other chronic illnesses related to the use of implanted mesh are abdominal pain, infection (sepsis), bowel obstruction and adhesion. In spite of increasing technological sophistication in mesh technology, synthetic materials remain the most widely used mesh products for hernia repair especially the polypropylene mesh due to their low cost and easy availability.

The biological mesh is gaining momentum in developed countries especially in the U.S. Biologic mesh development has overcome the problem associated the synthetic mesh including foreign body interaction, chronic inflammation, infection, and stiffness. Presence of favorable reimbursement policies coupled with the well-regulated healthcare insurance and increasing prevalence of an inguinal and ventral hernia in developed economies have rendered increased acceptance of this product.

The above mentioned factors collectively boost demand for overall hernia repair consumables and surgical devices market over the forecast period. Owing to shortcomings of synthetic mesh, manufacturers are working on developing cost-effective and technological advanced mesh. For instance, Ariste Medical is developing drug-eluting mesh. These repair products are anticipated to improve the patient outcomes specifically in vascular procedures including hernia and peripheral bypass hemodialysis processes.

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Also, manufacturers are focusing on developing composite or hybrid mesh. The hybrid mesh is a result of the combination of best features of biologic and synthetic mesh. Mesh that combines a minute quantity of synthetic material such as polypropylene and biologic building blocks derived from animal tissue has the property to diminish the hazards of inflammatory reactions along with providing long-term durability. Medtronic and COOK Medical are investing in the development of cost-effective composite mesh. This product may overcome the disadvantages associated with the synthetic mesh such as inflammation, sepsis and abdominal adhesion. These factors render cost advantage over the biologic mesh, which in turn is expected to boost the hernia repair market.

Hexa Research has segmented the global hernia repair market based on product, procedure, and region:

Segmentation by product, 2014 - 2024 (USD Million)

• Consumables

    • Synthetic Mesh

    • Biologic Mesh

• Surgical Devices

Segmentation by procedure, 2014 - 2024 (USD Million)

• Tension Free

• Open Hernia Repair

• Laparoscopic

Segmentation by region, 2014 - 2024 (USD Million)

• North America

    • U.S.

• Europe

    • Germany

• Asia Pacific

    • China

• Central & South America

    • Brazil

• Middle East & Africa

    • UAE

Key players analyzed:

• Ethicon, Inc.

• Medtronic

• C. R. Bard

• Atrium

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Synthetic Diamonds Market Size to Hit USD 28.26 Billion by 2024

6 September 2018, The global Synthetic Diamonds Market is estimated to be worth USD 28.26 billion by 2024 as a result of its increasing demand for cutting, polishing, and drilling. Increasing utilization of these functions for development of infrastructure coupled with the growing spending on the sector is likely to propel market growth over the projected period.

Expansion of the electronics and healthcare production base in countries including India and China is expected to provide new opportunities for the development of the market. Presence of manufacturing bases of companies including Samsung, Apple, Sony, Abbott, and GSK in Asia Pacific is expected to drive the demand for synthetic diamonds in various industrial applications.

North America synthetic diamond market was valued at USD 3.89 billion in 2016 and is expected to witness above-average growth in light of rebound of the manufacturing sector. However, the presence of a stringent regulatory framework for the mining sector is likely to deter growth. Nonetheless, usage of synthetic diamonds in the existing mining processes is expected to support the market.

Asia Pacific is likely to witness the fastest growth at a 9.1% CAGR over the projected period owing to the tremendous untapped potential of the manufacturing sector in the region. Increasing use of synthetic diamonds in various manufacturing processes owing to their relatively low cost and ease of availability.

Polished synthetic diamond market is anticipated to grow at a CAGR of 8.3% over the projected period on account of their relatively low demand in industrial application. However, the increasing use of these stone in jewelry coupled with the rising consumer awareness regarding fashionable accessories is expected to open new avenues for the growth of the market.

Electronics was the largest application segment and is expected to witness growth at a CAGR of 8.7% over the projected period. Increasing demand for consumer electronics including washing machines, refrigerators, HVAC, smartphone, and tablets is expected to drive the market for synthetic stones subsequently.

Browse Details of Report @ https://www.hexaresearch.com/research-report/synthetic-diamond-market

Centaurus Technologies Inc., Applied Diamond Inc., Element Six, New Diamond Technology, and ILJIN are some of the prominent players in the market. These companies are focusing on R&D to develop stones with a higher carat. For instance, using the HPHT process, New Diamond Technology (NDT) unveiled a 10.07 carat blue stone in September 2016.

Hexa Research has segmented the global synthetic diamonds market based on operating process, type, application and region:

Segmentation by process, 2014 - 2024 (USD Million)

• HPHT (High Pressure High Treatment)

• CVD (Chemical Vapor Deposition)

Segmentation by type, 2014 - 2024 (USD Million)

• Rough

• Polished

Segmentation by application, 2014 - 2024 (USD Million)

• Construction & Mining

• Electronics

• Jewelry

• Healthcare

• Others

Segmentation by region, 2014 - 2024 (USD Million)

• North America

    • U.S.

• Europe

    • Russia

• Asia Pacific

    • India

    • China

• Rest of the World (RoW)

Key players analyzed

• Applied Diamond Inc

• Centaurus Technologies Inc.

• Crystallume

• Element Six

• ILJIN

• New Diamond Technology

• Pure Grown Diamonds LLC

• Scio Diamond Technology

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced-materials-industry