Press release
Smart Surfaces Market - Transportation and Healthcare Dominate Smart Surface Usage
The healthcare industry as a whole forms a leading consumer of smart surfaces. The rapid increase in the rate of awareness about antimicrobial smart surfaces and their benefits in a medical institution are stimulating considerable demand for them across the globe. The amount of research and development required for smart surfaces in the healthcare industry is extremely high at the moment, due to the myriad of regulations concerned with the types of chemicals used to coat floors. The development of compliant and effective smart surfaces with no side effects is the most optimal result a manufacturer can provide and meeting that objective will help a player achieve a high rate of sales.
Other factors promoting the growth of smart surfaces sales are the automotive and the solar energy industries. Car makers are looking for smart windshields that can repel particles and improve visibility, while solar energy companies are looking for materials that can help absorb a greater amount of light and efficiently convert it to energy. Both demands can be met by the use of specific smart surfaces.
Browse Press Release of this Research Report: http://www.transparencymarketresearch.com/pressrelease/smart-surfaces-market.htm
Owing to such factors, the global market for smart surfaces is progressing at a very high CAGR of 66.4% from 2015 to 2021. This market is expected to reach US$20.65 bn by the end of 2021.
APAC to Lead Global Smart Surfaces Market in Terms of Revenue by 2021
North America held the greater share in the smart surfaces market, but by the end of 2021, Asia Pacific is expected to take up the leading share at 35.3% of the market revenue share. This rapid increase in the demand for smart surfaces in the Asia Pacific region is what will expectedly drive the global players in the coming years. This region holds a rapidly developing industrial sector that can play host to the development of smart surfaces at an equally fast pace.
Countries in North America are still showing a high demand for smart surfaces owing to their increasing use in transportation, healthcare, and defense industries. The fastest-growing demand for smart surfaces in North America is expected to come from the solar energy industry till 2021.
Transportation and Healthcare Dominate Smart Surface Usage
By the end of 2021, over 31% of the market for smart surfaces will be taken up by the transportation sector. Although this will most likely be the largest market share, it will be a diminished share from that in 2015 and 2016, owing to the rapidly growing demand for smart surfaces in the healthcare industry.
Fill The Form For An Exclusive Sample Of This Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7184
Nevertheless, the intense demand for smart surfaces for automobile windshields and windows is a leading factor in terms of demand for smart surfaces. This segment’s research and development is also highly invested in, creating a greater scope of growth for this market’s players.
Meanwhile, the demand for smart surfaces in the healthcare sector is skyrocketing. The two key areas where smart surfaces are needed the most are floor coatings and drug delivery surfaces. Both are gaining demand owing to increase in awareness of product benefits and research to put smart surfaces within the boundaries of regulatory approval.
The key providers of smart surfaces from a global perspective include HZO, Inc., BASF SE, Debiotech S.A., and 3M Co.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Surfaces Market - Transportation and Healthcare Dominate Smart Surface Usage here
News-ID: 507803 • Views: …
More Releases from Transparency Market Research Technology
Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agn …
Vehicle analytics can be categorized as solutions implemented on vehicles that helps to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others
The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers…
System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the…
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.…
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
