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Increasing adoption of targeted molecular therapeutics and precision medicine are anticipated to fuel demand for gene expression analysis. Such kind of analysis enables scientific discoveries and supports research by explaining the functioning of genes at molecular levels. RNA Expression, Promoter Analysis, and Protein Expression & Posttranslational Modification Analysis are the common techniques of gene expression analysis.

New Analysis Technique to Promote R&D

Under RNA expression technique, DNA microarrays and PCR analysis are quite popular among researchers to study expressions of various genes and microorganisms. In addition, RNA sequencing can offer high precision analysis for broad range data. This, in turn, is likely to increase demand for RNA expression techniques over the forecast period (from 2018 to 2025).

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Many prominent companies in this field are developing new and better analysis techniques to strengthen their global presence. For instance, a team of researchers from Karolinska Institute and Max Planck Institute for Biology has found a new gene expression analysis technique to expedite disease diagnosis. The analysis reflects how dysfunction of any biological process can lead to disease. A test conducted by the team on mice has brought new opportunities for research linked to Oxidative Phosphorylation (OXPHOS) system deficiency and improved disease diagnosis.

Market Overview

The gene expression analysis market is pegged to reach USD 11.3 billion by 2025, according to a report by Grand View Research, Inc. Rising cases of chronic disorders, such as cancer, is anticipated to foster growth. Reducing costs of sequencing procedures are expected to bode well for market growth. Rising need for customized medicines is also projected to propel market growth in the coming years.

In addition, favorable government initiatives, such as health awareness activities and funding, are poised to drive market during the forecast period. Some of the prominent players operating in the market for gene expression analysis are Quest Diagnostics, Inc.; Novogene Corporation; F. Hoffmann-La Roche AG; QIAGEN, and Bio-Rad Laboratories, Inc.

Grow lights are artificial lights used in growing crops in indoor environments. These lights mimic natural light and provide nourishment to plants. Different types of grow lights used in cultivating crops are High Intensity Discharge (HID), Light-Emitting Diode (LED), plasma, and fluorescent lights. They can provide heat and light at low costs, which is boosting practices of vertical farming and commercial greenhouses.

The legalization of cannabis in the United States in 2016 was a watershed moment for marijuana cultivators. The move led to a surge of medical and recreational marijuana growers instantly. Revered, a company involved in cannabis cultivation, is using Heliospectra LX60 intelligent LED grow lights in its farms to accelerate the plant growth.

Sustainable Indoor Farming Practices

Major applications of grow lights are commercial greenhouse, vertical farming, indoor farming, and others. Vertical farming being the most accepted farming method in countries, such as China and Japan, is anticipated to witness rapid growth during the forecast period (from 2018 to 2025). Two or more crops can be grown simultaneously in a single structure with the help of artificial lights. This factor is also projected to augment the segment demand.

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The commercial greenhouse segment was the biggest revenue-generator in 2016 on account of better production than traditional farming techniques. The use of LED grow lights and adoption of the Controlled-Environment Agriculture (CEA) method to encourage horticultural practices in countries, such as Spain and France, are factors expected to augur demand in this segment. Recently, Green Mountain Harvest Hydroponics decided to invest in LED grow lights in their greenhouses for lower crop cycles and high yields.

Market Outlook

The global grow light market size is projected to be worth USD 8.64 billion by 2025, according to a report by Grand View Research, Inc. The market is expected to exhibit a 14.1% CAGR over the forecast period (from 2018 to 2025) due to increased use of indoor farming techniques. Rising awareness regarding harmful emissions among consumers is predicted to bolster market growth.

Government initiatives supporting the use of LED lights for sustainable farming and demand for energy-efficient technology are also estimated to drive market in the coming years. Prominent market players include Gavita Holland B.V., Everlight Electronics Co., Ltd., AeroFarms, and OSRAM Licht AG.

Smart home automation systems allow users to remotely control and monitor all the connected devices through a smartphone device. Such systems can provide a remote controllable network to connect everything in the home, right from windows, doors, smoke detectors to lights and electrical outlets. Home automation system offer increased home security, energy efficiency, appliance functionality, and comfort, convenience, and flexibility.

Entertainment Sector to Emerge as the Dominate Application

Smart home automation finds applications in numerous areas including security, entertainment, lighting, smart kitchen, energy monitoring, and Heating, Ventilation, and Air Conditioning (HVAC). Entertainment is expected to be the dominant application area in near future. Smart kitchen is likely to have a considerable growth on account of significant rise in demand for smart appliances. Other application areas like security and HVAC and energy management are also predicted to have a steady growth over the next few years to come.

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One of the latest developments in home automation applications is the new Honeywell Smart Home Security System, a self-monitored and all-in-one home security solution by Honeywell Int. Inc. The new security system incorporates Amazon Alexa; however, it can be customized and upgraded with accessories that fit individual requirements for a comfortable and secure home. It also features outdoor and indoor motion viewers and sensors that alert users if the doors or windows of the home are opened.

Market Overview

As per the findings of a research by Grand View Research, Inc.; the global smart home automation market is predicted to reach around USD 39.47 billion by 2025. This growth can be credited to increased adoption of home automation systems in residential appliances. In addition, rising demand for the convenience of real-time and remote operation of such systems has also affected the market positively. Moreover, high consumer awareness about the benefits of these systems is also likely to contribute to market expansion in the forthcoming years.

Several other factors such as a rising demand for smartphone devices and easy availability of internet connections are also predicted to fuel market development in near future. Johnson Controls International PLC; Honeywell International Inc.; ABB Ltd.; Siemens AG; and Schneider Electric SE are some of the prominent market players.

Vacuum greases are lubricants with low volatility, which is important to prevent evaporation and to provide lubrication in low pressure environments. These greases are used to fasten joints of equipment in vacuum systems. They are used as a sealant, as well as lubricant, in “O” ring sealed systems to reduce external forces on ring material. Silicone grease, hydrocarbon grease, and fluorocarbon greases are the three major types of vacuum greases. Food processing, automotive and aerospace, pharmaceuticals, and laboratory equipment are the major application areas.

Automotive and Aerospace: The Largest Application Segment

Automobile and aerospace industry witnessed strongest demand for vacuum greases in the past. Rising investments and production capacities of automotive industries, particularly in Asia Pacific and Europe, is anticipated to continue driving demand from this sector in the forthcoming years. In addition, a number of companies manufacturing vacuum solutions for automobile industry are located in Asia Pacific as the automobile industry is growing rapidly, especially in China and India. This factor is projected to spur overall product demand in near future.

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Laboratory equipment are also expected to witness a substantial growth during the next few years due to innovations and novel product launches. For instance, M&I Materials recently added a new product called PFPE 501 into their range of high vacuum greases, Apiezon. The new product is chemically inert and high temperature and pressure lubricant. It can be used for lubricating and sealing even under the most extreme operating environments. Reduced equipment downtime, extended lifespan, and lifetime lubrication are some of the major benefits of this product.

Market Overview

A new research report by Grand View Research, Inc.; predicts that the global vacuum grease market would reach USD 155.9 million by 2025. It is anticipated to expand at a CAGR of 6.0% during the forecast years (2018 to 2025). This rapid growth can be attributed to rising demand from various industries such as aerospace and food processing as a result of wide acceptance of these greases as safe sealants. Solvay SA; Dow Corning Corp.; and The Chemours Co. are some of the pioneers in the global market.

Be it a temporary illness or chronic disease, women’s health issues deserve more attention, especially in under-developed regions where there is lack of proper healthcare facilities. Women undergo a lot of life changing phases during their lifetime that hamper their physical, as well as psychological, health. Such changes can potentially affect overall health of women causing various minor or major ailments. Some of the common health issues faced by women include Polycystic Ovary Syndrome (PCOS), endometriosis, and postmenopausal osteoporosis among others.

Postmenopausal Osteoporosis to Emerge Dominant

Infertility, PCOS, menopause, endometriosis, postmenopausal osteoporosis, and contraceptives are the major application areas for women’s healthcare. Postmenopausal osteoporosis witnessed the highest application due to the presence of a large number of women with postmenopausal osteoporosis and easy availability of cost-effective treatments. In addition, rising number of ongoing research and development is predicted to boost demand from this sector in near future. In the recent past, the U.S. Food & Drug Administration (FDA) approved Radius Health’s TYMLOS (abaloparatide), a bone building agent for the treatment of postmenopausal osteoporosis. The newly approved injection reduces risks of nonvertebral and vertebral fractures.

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Contraceptives are anticipated to witness the fastest growth in the forthcoming years. This rapid rise in demand is attributed to constant innovation in terms of novel and highly developed contraceptive methods and rising awareness regarding family planning. Furthermore, supportive government rules and regulations in developed regions such as United States along with awareness regarding the availability of various contraceptive methods are also likely to augment demand.

Market Overview

Based on the findings of a report published by Grand View Research, Inc.; the global women’s health market was estimated at USD 36.5 billion in 2016. It is expected to reach a valuation of around USD 51.3 billion by 2025. The global market is predicted to register a healthy CAGR of around 3.9% during the forecast years (2018 to 2025). Key factors driving this market include rising female population, supportive government policies, and introduction of novel drugs for women. Pfizer, Inc.; Merck & Co., Inc.; Teva Pharmaceutical Industries Ltd.; Ferring B.V.; and Agile Therapeutics, Inc. are some of the prominent global market players.