(MENAFN- America News Hour) The‘Synthetic Biology market' research report added by Market Study Report, LLC,
is an in-depth analysis of the latest trends persuading the business outlook.
The report also offers a concise summary of statistics, market valuation, and
profit forecast, along with elucidating paradigms of the evolving competitive
environment and business strategies enforced by the behemoths of this industry.
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In our
study, we have segmented the synthetic biology market by product, technology
and application. On the basis of product, the market is segmented into enzymes,
oligonucleotides, chassis organisms and xeno-nucleic acids. Enzymes acquired
the largest market due to increasing applications of enzymes in industries,
medical, food and agriculture. Additionally, enzymes are produced from the
microbial sources that are used for industrial and commercial use On the basis
of technology, the market is segmented into gene synthesis, genome engineering,
measurement and modeling, cloning and sequencing, nanotechnology, and others.
In 2017, gene synthesis held the largest market share among the technologies.
On the basis of application, global synthetic biology market is segmented into
industrial applications, food and agriculture, medical applications,
environmental applications, and others.
The
synthetic biology market is estimated to account for US$ 56,044.9 Mn by the end
of 2025, escalating at a CAGR of 28.2% during the forecast period from 2018 to
2025, rising from US$ 8,244.8 Mn in 2017.
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Increasing
number of synthetic biology startup companies in developed regions such as,
North America and Europe, and growing awareness about wide range of
applications of synthetic biology are the major factors contributing to the
growth of the market. Additionally, the growth is also governed by new product
launches, partnerships, product approvals and collaborations by key players in
the market. Additionally, the industry has attracted investments from various
global leaders. For instance, synthetic biology company Zymergen has have
received US$44 million funds in the year 2015, from investors such as
Transcript, AME Cloud Ventures, Data Collective, Draper Fisher Jurvetson, HVF,
Innovation Endeavors, Obvious ventures, True Ventures and Two Sigma Ventures.
In addition, in the year 2016, Zymergen has raised US$130 million in Series B
funding which was led by SoftBank Group.
North
America is the largest market for synthetic biology across the globe whose
growth in mainly driven by increasing focus on synthetic biology technologies
such as gene synthesis and genome editing. Additionally, growing investments by
the major companies and technological advancements in the field of genomics,
and higher acceptance by the consumers also contribute to the growth of the
market in North America. While, Asia Pacific is expected to exhibit fastest
growth with China being the largest market followed by Japan and India. In
China, the growth of the market is attributed to an increasing number of
initiatives in synthetic biology such as launch of synthetic biology
association and rising awareness about genome engineering and research and
development.
The market
for synthetic biology consists of well-recognized organizations as well as
emerging companies namely; ThermoFisher Scientific Inc., Merck KGaA, Novozymes,
Agilent Technologies, Amyris, GenScript, Integrated DNA Technologies, Inc.,
Twist Bioscience, New England Biolabs, Synthetic Genomics Inc. and others.
TABLE OF
CONTENTS
1.
INTRODUCTION 17
1.1 SCOPE OF
THE STUDY 17
1.2 THE
INSIGHT PARTNERS RESEARCH REPORTS GUIDANCE 17
2. KEY
TAKEAWAYS 19
2.1 NEED FOR
INFRASTRUCTURE INVESTMENTS OF AFRICAN REGION 19
2.2
INCREASING FDI IN INFRASTRUCTURE OF APAC COUNTRIES 19
2.3
EXPANSION OF AIRPORTS ACROSS THE WORLD 20
3. X-RAY
SECURITY SCANNER MARKET LANDSCAPE 21
3.1 MARKET
OVERVIEW 21
3.2 AFRICA
X-RAY SECURITY SCANNER MAPPING BY APPLICATION AREA 22
3.3 SUPPLY
CHAIN ANALYSIS 23
3.3.1
Insight on Third World Countries OEMS 23
3.3.1.1
China 23
3.3.1.2
India 23
3.3.1.3
Turkey 24
3.3.1.4
Brazil 24
3.3.1.5
African Countries 24
3.4 MARKET
SEGMENTATION 26
Global X-Ray
Security Scanner Market - By Product Type 26
Global X-Ray
Security Scanner Market - By End-user 27
Global X-Ray
Security Scanner Market - By Geography 27
3.5 PEST
ANALYSIS 29
3.5.1 North
America PEST Analysis 29
3.5.2 Europe
PEST Analysis 31
3.5.3 Asia
Pacific PEST Analysis 33
3.5.4 Middle
East & Africa PEST Analysis 35
3.5.5 South
America PEST Analysis 37
4. X-RAY
SECURITY SCANNER MARKET - KEY INDUSTRY DYNAMICS 39
4.1 KEY
MARKET DRIVERS 39
4.1.1
Growing global air passenger traffic resulting in expansion of airport
infrastructure 39
4.1.2
Persistent and evolving attacks resulting in loss of human life 40
4.1.3
Blooming e-commerce industry resulting in increased cross-border transactions
40
4.2 KEY
MARKET RESTRAINTS 40
4.2.1 Health
concerns related to X-ray radiations hampering the growth of full-body X-ray
scanners 40
4.3 KEY
MARKET OPPORTUNITIES 40
4.3.1 Rising
deployment of X-ray security scanners for urban infrastructure 40
4.4 FUTURE
TRENDS 41
4.4.1
Microfocus X-Ray as an emerging technology 41
4.5 IMPACT
ANALYSIS OF DRIVERS AND RESTRAINTS 41
5. X-RAY
SECURITY SCANNER MARKET - GLOBAL MARKET ANALYSIS 42
5.1 X-RAY
SECURITY SCANNER MARKET - GLOBAL MARKET OVERVIEW 42
5.2 X-RAY
SECURITY SCANNER MARKET - GLOBAL MARKET AND FORECAST TO 2025 42
6. X-RAY
SECURITY SCANNER MARKET REVENUE AND FORECASTS TO 2025 - PRODUCT TYPE 44
6.1 OVERVIEW
44
6.2 PRODUCT
TYPE MARKET FORECASTS AND ANALYSIS 44
6.3 BODY
SCANNER 45
6.3.1
Overview 45
6.3.2 Body
Scanner Market Forecasts And Analysis 45
6.4 BAGGAGE
SCANNER 46
6.4.1
Overview 46
6.4.2
Baggage Scanner Market Forecasts And Analysis 46
6.4.2.1
HANDHELD SCANNER 48
6.4.2.1.1
Overview 48
6.4.2.1.2
Handheld Scanner Market Forecasts And Analysis 48
6.4.2.2
CABINET X-RAY SYSTEM 49
6.4.2.2.1
Overview 49
6.4.2.2.2
Cabinet X-Ray System Market Forecasts And Analysis 49
6.4.2.3
VEHICLE AND CARGO INSPECTION SYSTEMS 50
6.4.2.3.1
Overview 50
6.4.2.3.2
Vehicle and Cargo Inspection Systems System Market Forecasts And Analysis 50
7. X-RAY
SECURITY SCANNER MARKET REVENUE AND FORECASTS TO 2025 - END-USER 51
7.1 OVERVIEW
51
7.2 END-USER
MARKET FORECASTS AND ANALYSIS 51
7.3 AIR
TRANSPORT 52
7.3.1
Overview 52
7.3.2 Air
Transport Market Forecasts And Analysis 52
7.4 LAND
SECURITY 53
7.4.1
Overview 53
7.4.2 Land
Security Market Forecasts And Analysis 53
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