Recycled Thermoplastic Market 2020 Overview, Top Key Players, Industry Growth and Forecast to 2025

Recycled Thermoplastic Market

Global Recycled Thermoplastic Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Recycled Thermoplastic Market size was estimated at USD 45 billion in 2017 and is projected to surpass USD 95 billion by the year 2025.

Regionally, the Asia Pacific belt is proclaimed to emerge as one of the most lucrative growth grounds for recycled thermoplastic industry, given the increasing proliferation of construction activities across this region. Driven by countries like China, the regional market is estimated to procure more than 35% of the global share by 2025.  In fact, as per estimates, the construction industry output in Asia Pacific region would reach USD 4.8 trillion by 2021. This would invariably upscale the demand for recycled thermoplastics for window panels, railings, insulation, and structural decorations, leaving a perpetual impact on regional recycled thermoplastic industry share.

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While delivering major benefits, the current plastic economy has major drawbacks that are becoming more apparent day by day. Recycled thermoplastic market, however, with its penetration, is sending out waves of anticipation across a plethora of industry domains, subject to its unrivalled functional properties and reduced cost. Estimates depict, more than 90% of plastic packaging material value after a short first use life cycle is lost to economy, accounting for a loss of more than USD 100 billion annually.

Nearly 30% of the plastic packaging escapes the collection system which ultimately leads to a significant economic cost, due to loss in productivity of vital natural systems such as ocean. The cost of such post-use externalities in addition to the cost associated with the GHG emission from plastic production are compelling most of the end-use sectors to incline toward recycled thermoplastic industry. Statistics further testifying the declaration – the global recycled thermoplastic market garnered a remarkable revenue of USD 45 billion in 2017.

Global Growth drivers

  • Growth in electrical & electronics industry

Regional Growth drivers

  • Increasing construction activities in Asia Pacific region
  • Growth in automotive sector in developing economies

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The industry space, despite encompassing an all-inclusive application terrain, is deemed to accumulate maximum monetary benefits from building and construction sector. The substantially escalating demand for interior designing, window frames, piping, and building insulation materials which meet the corrosion resistivity, durability, cost-effectiveness, and ease of installation and maintenance criterions is a primary factor contributing to the growth of recycled thermoplastic industry growth in this vertical. As per reliable estimates, building & construction applications accounted for almost 15% of the overall recycled thermoplastic industry share in 2017. Industry players are also utilizing the material in some of the most exemplary construction innovations, which would undeniably contribute to the market size.

Recently, Rex Nichols Architects announced the launch of a breakthrough glass home featuring composite wood, which is a recycled form of wood with thermoplastic components, insulated low-e glass, and energy efficient heating pumps. Reportedly, this 4000 sq. ft residency is awaiting for an approval to begin the construction in Florida. As per estimates, this absolutely groundbreaking glass home would cost around USD 5 million, once it gets complete by the mid of next year. Needless to mention, this is one of the significant projects underlining the high-grade developments in recycled thermoplastic market over the recent years.

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Crawler Crane Market Growth Forecast 2020-2024 By Regional Manufacturers

The global crawler crane market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The size of crawler crane market was registered at USD 1.8 billion in the year 2017 and is anticipated to cross USD 3 billion by 2024. The rising demand for high-capacity lifting solutions coupled with the flourishing construction sector across the globe is anticipated to drive the crawler crane market growth. Heavy lifting and material handling requirements at the construction and mining sites result in huge deployments of these machines.

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Increasing demand for fuel-efficient machines creates an awareness to improvise the crane manufacturing processes. Manufacturers in the crawler crane market are enhancing the production process to offer machines with increased fuel capabilities. Additionally, the need of controlling harmful emissions from high-intensity activities in the energy & power sector, eco-friendly initiatives across various sectors, the crawler crane market is witnessing the production of low fuel consuming machines.

The implementation of innovative control technologies in these machines required to control the heavy lifting operation drives the crawler crane market growth. Intelligent control systems in modern crawler cranes include the combination of hardware and software components to facilitate lifting operations. The functions include display and control instructions for the crane operator, monitoring of all control sensors, and the overload protection. Manufacturers offer increased user-friendliness and operator safety benefits by deploying these control technologies, further developing the crawler crane market. For instance, The Liebherr Group offers its 300 tons crawler cranes implemented with intelligent control systems, which provide several operator control functions such as vertical line finder, user-friendly display, and precise load transport.

Top Industry Players –

  • Action Construction Equipment Ltd,
  • BG Lift,
  • Böcker Maschinenwerke GmbH,
  • EFFER S.P.A.,
  • The Escorts Group,
  • Furukawa UNIC Corporation,
  • Henan SPT Machinery Equipment Co. Ltd.,
  • Hitachi-Sumitomo Heavy Industries Construction Crane Co. Ltd.,
  • Hoeflon International BV,
  • Jekko s.r.l.,
  • Kato Works,
  • Kegiom Lifting,
  • Kobelco Construction Machinery Co. Ltd.,
  • Komatsu Ltd.,
  • Konecranes Oyj,
  • Liaoning Fuwa Heavy Industry Machinery Co. Ltd.,
  • Liebherr Group,
  • Link Belt Cranes,
  • Maeda Seisakusho Co. Ltd.,
  • Manitex International,
  • Manitowoc,
  • Palfinger AG,
  • R&B Engineering,
  • Sany Group,
  • Sennebogen Maschinenfabrik GmbH,
  • Sunward Equipment Group,
  • Tadano Ltd.,
  • Terex Corporation,

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The 250 to 450 capacity machines in the crawler crane market are expected to witness a considerable demand due to their utilization in building construction, nuclear power generation, and water conservancy operations. These machines offer powerful lifting capacities and improved traveling traction while carrying heavy loads at the energy generation sites. Additionally, the increasing focus of various governments worldwide on providing enhanced public infrastructure is creating demand for these machines in the crawler crane market. For instance, SANY Group announced the deployment of its machine SCC500 in the Noida Crossroad Project in India by the Delhi Metro Railway Company.

In the crawler crane market, the energy sector is expected to witness a substantial growth due to the essential operations in wind power generation. These cranes are used in the transportation and assembly of wind turbines, mixing plant operations, and lifting works. The high-capacity cranes also perform the erection of wind turbines and provide increased operator safety during these operations. Precision control and high flexibility are the major factors that increase the deployment of these machines in the production of oil & gas, wind energy, and power. For instance, in November 2017, Demag, a Terex Corporation brand, announced the deployment of four crawler cranes in the Beatrice Offshore Windfarm project in Germany.

Asia Pacific crawler crane market is anticipated to witness growth owing to the emerging construction and rental sectors in countries including China and India. The growth of equipment rental providers in the region will lead to a high machinery demand. Global companies are expanding their business operations in the region by collaborating with local manufacturers due to increased commercial and residential construction activities in the region, thereby supporting the industry demand. For instance, in December 2016, Jekko s.r.l. collaborated with Lee Hyun Soo and Dennis Shin for establishing the new subsidiary Jekko Korea in Seoul.

Industry Growth Drivers:

  1. Increasing infrastructure investments globally
  2. Implementation of advanced technologies
  3. Rising demand from the energy sector
  4. Growing rental companies in Asia Pacific and North America
  5. Increasing rate of urbanization in the North America & Europe
  6. Emergence of new manufacturing companies in Europe
  7. Rapid infrastructure development in BRIC countries
  8. Recovering construction sector in Latin America
  9. Rising number of public private partnership projects in MEA
  10. High demand for crawler cranes from the utility sector in MEA

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Key players operating in the crawler crane market include: Terex Cranes, The Liebherr Group, Komatsu Ltd., Kobelco Construction Machinery Co,. Ltd., Tadano Ltd., SANY Group, The Escorts, Hyundai Construction Equipment, Manitowoc, and ACE. These companies have developed application-specific and high lifting capacity machines that support eco-friendly development initiatives. Furthermore, the major players in the crawler crane market focus on developing long-term supplier and dealer partnerships to address various regional requirements.

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Electrical Safety Personal Protective Equipment Market 2020 Growth analysis and forecast to 2025

Electrical Safety Personal Protective Equipment Market

Global Electrical Safety Personal Protective Equipment Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Electrical Safety Personal Protective Equipment Market size was estimated at USD 10 billion in 2018 and is projected to surpass USD 20 billion by the year 2025.

The global electrical safety PPE market is poised to garner substantial growth in the ensuing years, owing to development in the automotive industry worldwide. In addition to its uses across construction and manufacturing, electrical safety PPE products are excessively used in the automotive industry. The industry often requires complete respiratory, hearing, hand and eye protection devices due to the number of potential hazards present within the automotive manufacturing plants.

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The Asia-pacific battery electric vehicles market is also growing as dominant players like China’s BYD Auto continue to successfully compete in the international market against contenders like Tesla Inc. The rising demand for electric vehicles is also persuading manufacturers to set up new plants to ramp up production, which will create new manufacturing jobs, thereby propelling Electrical Safety Personal Protective Equipment Market share.

A crucial element of any electric vehicle’s price is the cost of its batteries. According to credible reports, China is already manufacturing over half of the world’s electric vehicle batteries. Within a span of few years, Chinese firms have become some of the world’s major lithium producers, which is an important raw material for batteries. Indeed, China, driven by government initiatives, is said to account for an appreciable proportion of the global lithium ion battery industry.

Growth drivers are –

  • North America: Rising incidences electrocution mainly in U.S. will promote product demand
  • Europe: Stringent certification standards promoting high product quality will favor industry growth
  • Asia Pacific
  • China: Expanding power generation industry will drive need for electric safety PPE, thus promoting industry growth
  • India: Upcoming construction and electrical industry projects will promote electric safety PPE demand
  • Oceania: Growth in mining industry generating high job opportunities mainly in Australia will boost Electrical Safety Personal Protective Equipment Market growth
  • South East Asia: Presence of large number of oil refineries engaging in capacity expansion will boost electrical PPE market growth

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Besides the aforementioned factors promoting electrical safety PPE products demand, government efforts to impose strict occupational safety guideline will also push manufacturers to equip their employees with proper safety products.

For instance, India’s new government is set to prioritize labor reforms in its second term. Successful implementation of labor laws will generate massive electrical safety PPE requirements in not only the Asia Pacific but other regions worldwide as well. Furthermore, a research report by Global Market Insights, Inc. estimates the Electrical Safety Personal Protective Equipment Market to exceed $20 billion by 2025.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Positive Displacement Blowers Market To Generate USD 3 Bn Revenue During Forecast Period

The global positive displacement blowers market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The positive displacement blowers market is set to grow from its current market value of more than USD 2 billion to over USD 3 billion, as reported in the latest study. Positive displacement blowers (rotary lobe blowers) market shall be driven by growing demand from oil & gas industry, it is one of the biggest and steadily growing industry in recent times. Increasing consumption of oil & gas for transportation, industrialization and energy generation has increased rotary lobe blowers demand over the past few years.

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The Positive Displacement Blowers Market is projected to register a CAGR of 6% during the period 2018 -2024.  The Positive Displacement Blowers Market report coverage is inclusive of various parameters such as the market size, regional growth opportunities, major vendors in the market, drivers and constraints, segmental analysis, as well as the competitive landscape.

Oil & gas industry is anticipated to grow at 4% CAGR during the forecast period this can be attributed to the increasing demand from countries including the U.S. China and India. On the other hand, U.S.A., OPEC, Iran and Russia which are major producers of oil & gas globally are increasing their production due to the ongoing trade race between them, this will fuel the rotary lobe blowers market growth over the forecast timespan.

Another major growth driver in positive displacement blowers market is chemical industry, which has experienced healthy growth in past few years. In 2017, global chemical industry was valued close to USD 4 trillion and is projected to grow at a promising CAGR in the near future. This gigantic size and prominent growth rate of this industry shall propel product demand in the coming years.

Top Industry Players –           

  1. Busch SE,
  2. Eurus Blowers,
  3. Gardner Denver,
  4. Hitachi Ltd.,
  5. Howden Group,
  6. Aerzen,
  7. Kaeser Kompressoren,
  8. Tuthill Corporation,
  9. AMCL Machinery Limited,
  10. Airtech Blower Industries,
  11. KPT Blowers,
  12. Greatech Machinery Industrial Co. Ltd.,
  13. Blowvacc Transmission Private Limited,
  14. HR Blowers

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High product and raw material cost shall restrain the product demand during the forecast timespan. Moreover, availability of numerous other blowers having better performance indices than rotary lobe blowers may pose challenge to positive displacement blowers Market growth over the forecast timespan. Rotary lobe blowers are regulated by local and regional government bodies through general pollution regulations, these regulations are likely to hamper the product demand in coming years.

Tri-lobe blowers will be the booming segment in positive displacement blowers market over the forecast period. European and North American countries use tri-lobe blowers at large scale which can be attributed to the advance nature of the industries in those countries. Economies in Asia Pacific including India, Bangladesh and Indonesia are the biggest consumer countries for twin-lobe blowers and are likely to create major demand for it in the coming years.

Asia Pacific has been the biggest market for rotary lobe blowers from last few years and it is anticipated to witness significant CAGR over the forecast period. Growing chemical, manufacturing and power generation sectors in Asia Pacific shall accelerate rotary lobe blowers demand over next few years. Europe was another major market for positive displacement blowers owing to its speedily growing chemical and water & wastewater treatment industries.

Split by product type, the market has been divided into

  1. Twin Lobe,
  2. Tri Lobe

The report includes a lot of details pertaining to the production, growth rate of each segment, remuneration, price, as well as segmental market share.

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Many multinational and local companies are operating in the positive displacement blowers market. Some major global players are Aerzen, Universal Blower Pac, Kaeser, Shandong Zhangqiu Blower Co., Ltd, Kay International, Howden, Busch SE, Siemens, Eurus blowers, Hitachi Ltd. And Gardner Denver. Geographical expansion in terms of production facility is majorly adopted by global companies. For example, In June 2014, Hitachi America Ltd. Announced its new subsidiary in Mexico, Hitachi industrial Equipment Mexico. It is engaged in the sale and after sale services of Hitachi industrial equipment Systems Co. Ltd. Products.

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Smoke Pressure System Market to Register 5% CAGR by 2024

The global smoke pressure system market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

Smoke pressure system market share was valued at USD 400 Million in the year 2018 and is projected to surpass a revenue of USD 590 million by the year 2024. The growing data center industry is demanding enhanced smoke pressure and fire suppression solutions to prevent the loss of sensitive data due to fire accidents. The complexity and sensitivity of the electronic equipment used in the current data centers coupled with the losses caused due to interruptions are stressing on the significance of fire protection solutions in data center risk assessment.

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The worldwide Smoke Pressure System Market to register a CAGR of 5% over the period of 2018–2024. Analysis of the report based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2024. The report also includes an in-depth analysis of the market based on its segments and sub-segments.

The construction sector in the Middle East, Asia Pacific, and Europe is experiencing rapid growth due to rapid urbanization and several infrastructure refurbishment activities, thereby providing ample growth opportunities to the smoke pressure system market growth. With urbanization becoming an unrelenting trend, the limitation for space is leading to the construction of more midrise to high-rise buildings. Stringent government regulations to ensure the safety of people and property in high-rise buildings will further support the stairwell pressurization system market demand.

Complexities in designing the pressurization units within the code-specified pressure differential limits are expected to hamper the smoke pressure system market growth. Numerical simulations are conducted for these systems aimed at the adherence to the standards postulated by the International Building Code (IBC). Designing these solutions for high-rise buildings involves the evaluation of the vertical air movement due to the temperature difference between the conditioned building air and the ambient outside air, which further increases the complexity of the overall design.

Top industry players –

  • Air Pressure Solutions Ltd.,
  • Belimo Aircontrols, Inc.,
  • Blauberg Ventilatoren GmbH,
  • Colt,
  • Crossflow,
  • Kingspan Group,
  • Fantech Pty. Ltd.,
  • Fla?ktGroup,
  • GSBmbH,
  • Greenheck Fan Corporation,
  • Priorit AG,
  • Sodeca,
  • Strulik GmbH,
  • Systemair AB,
  • TROX GmbH

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Wall installation solution is expected to witness a steady growth over the forecast timespan. The growth can be attributed to the rugged construction that ensures the longevity. Single point injection systems that are less complicated can use wall-mounted propeller fans. Easy accessibility of the electrical components that facilitate fast maintenance is an important factor aiding the wall installation stairwell pressurization system market growth. These systems also guarantee cost savings as opposed to the roof-mounted solutions that require the construction of a separate duct.

The presence of several manufacturing companies in Germany and France generates a huge amount of data and leads to an increase in the number of data centers in these regions, thereby supporting the stairwell pressurization system market growth. The flourishing construction industry of Europe following the government efforts to expand and upgrade the existing infrastructure demands for enhanced smoke control units to ensure the safety of people. For instance, in Germany, the Berlin Building Regulations mandate for the installation of smoke alarm devices effective from January 1, 2017.

Market Growth Drivers – 

  1. Growing utilization across data centers
  2. Increasing demand to provide smoke-free stair passages during a fire
  3. Rising demand across residential applications in the U.S.
  4. Growing construction activity and increase in building code requirements and in Europe
  5. Growing urbanization and safety concerns in India
  6. Economic expansion in Southeast Asia
  7. Rise in commercial construction activities across the Middle East market

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Key players operating in the smoke pressure system market include Greenheck Fan Corporation, Flakt Group, Colt International Ltd, Systemair AB, NOVENCO Building & Industry, Aldes Aeraulique S.A, Nuaire, Sodeca SLU, Air Pressure Solution, Essmann Group, and Strulik GmbH. The industry is consolidated owing to the presence of a few players owning the majority of the market share. Intense competition among major players to offer technologically-advanced solutions also contributes to the smoke pressure system market growth.

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Stationary air compressor market is set to record 3% CAGR during 2018-2024

The global stationary air compressor market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The stationary air compressor market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 30 billion by 2024, with an anticipated CAGR of 3% through 2024. Increasing demand for household refrigerators and air conditioners will be a major growth enabler for the stationary air compressor market as the product is an integral part of these household appliances. Home appliances demand has been increasing at a fast rate, mostly in emerging economies of Asia Pacific and Latin America. Rising income levels of consumers in these regions has been the main reason behind a spurt in home appliances demand. In 2016, Asia Pacific accounted for more than 40% of the global consumer appliances sales in terms of volume with India, Indonesia and Vietnam registering stronger demand than other countries.

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Global automotive industry growth will also positively impact the stationary air compressor market development till 2024. Increasing vehicle production in the Asia Pacific region will boost stationary air compressor’s demand as they an integral part of every car air conditioner. The product is also used to power air brakes of heavy duty automobiles as well as commercial vehicles. Asia Pacific accounted for more than 50% of the worldwide production of automotive in 2016. Automotive production rates have been rising in several countries of Asia Pacific such as India, China, Vietnam, etc. These factors will result in increased product demand in the Asia Pacific region for use in automotive manufacturing and will augment the stationary air compressor market development during the study period.

Rotary stationary air compressor market segment will witness a favorable growth rate in the study period and will account for approximately two-third of the overall industry by 2024. The increasing usage of rotary types in the manufacturing industry owing to their advantages over other product types will be a major factor behind its market development.

Top Players Player –

  • Atlas Copco,
  • Sullair, LLC,
  • Gardner Denver, Inc.,
  • Kaeser Kompressoren SE,
  • Ingersoll-Rand plc,
  • Rolair Systems,
  • Sullivan-Palatek, Inc.,
  • Hubei Teweite Power Technology Company Limited,
  • Ciasons Industrial, Inc.,
  • Quincy Compressor,
  • Zen Air Tech Pvt. Ltd.,
  • Bauer Compressors, Inc.,
  • KULMEC,
  • Saylor-Beall Manufacturing Company,
  • Gen-Tech

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Oil-filled stationary air compressors market will be augmented by their increasing usage in a wide range of end-user industries such as power plants, mining, oil & gas, etc. The segment’s revenue in 2024 will exceed USD 14 billion as their advantages over oil-free stationary air compressors such as low maintenance costs and high efficiency & capacity will result in a substantial growth rate in the study period.

Food & beverage is a key application segment in the stationary air compressor market which is likely to grow by a CAGR of around 3% in the forecast period. Mostly the oil-free types are employed in this industry as they lower the chances of food contamination.

North America will be an important region in stationary air compressor market owing to the rise in oil & gas exploration in the region. A mature manufacturing sector in the U.S. will also be a major growth enabler for the regional industry. The North America stationary air compressor market revenue exceeded USD 2.5 billion in 2017 and will grow by a stable rate during the study period.

Market Growth Drivers

  1. Technological advancement in the industry
  2. Upsurge in the household appliances market

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Some of the major stationary air compressor market participants include Atlas Copco, Ingersoll-Rand, Kaeser, Rolair Systems, Gardner Denver, Bauer Compressor, Sullivan-Palatek, etc. The industry is also characterized by the presence of several medium-scale manufacturers spread across the globe.

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Edible Insects Market Driven By ncreasing sports & dietary supplements consumption by sportspersons & athletes owing to presence of protein, vitamins, and amino acids

Insects in general have high protein content as well as exceptional product efficiency as compared to other conventional food groups. The most commonly eaten insects are bees, ants, locusts, beetles, grasshoppers, and caterpillars. In places like Nigeria, Zimbabwe, and Zambia, edibles insects are most commonly available in open markets, and school cafeterias, thereby forming a profitable business. Up to 50% of dietary protein is obtained from insects, and these insects have a higher market value than other protein sources.

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Company Profiles

  1. Ÿnsect
  2. Micronutris
  3. AgriProtein
  4. Entomo Farms
  5. Protifarm
  6. Bugsolutely
  7. EnviroFlight, LLC
  8. Exo Protein
  9. Chapul
  10. Thirty Six Foods Nigeria Ltd
  11. Gathr Foods
  12. Flukers Cricket Farm Inc
  13. fr (Entotech SAS)
  14. Crowbar Protein Company
  15. Edible, Inc. A Daniel J. Edelman Company
  16. Bugeater Foods
  17. Crik Nutrition
  18. NUTRIBUG LTD
  19. Crickers
  20. BenSBugS
  21. ECOBARS Pty Ltd
  22. Thailand Unique

Rapid penetration of bee extracts is manufacturing high protein enriched honey and changing dietary needs for low calorie products is further boosting the bees, ants, and wasps segment share.

The other product segment includes larva, house fly, and edible spiders. Share of other segment was 4% in 2019 and is further expected to register continuous growth during the analysis timeframe. Edible spiders are prepared as fried snacks in Cambodia, sold in restaurants as well as local markets.

Browse key industry insights spread across 210 pages with 151 market data tables and 36 figures & charts from the report, “Edible Insects Market” in detail along with the table of contents:

 

https://www.gminsights.com/industry-analysis/edible-insects-market

Insect protein gummies are also sold specifically for kids, where insects are grounded up before being mixed into a liquid mixture of fruit flavors, gelatin, corn syrup, sugar, and food coloring. The finished product resembles the insect that they contain.

From a regional frame of reference, the Middle East & Africa edible insects market is set to witness gains owing to increasing cases of livestock diseases along with rapid adoption of insect powders in snacks. People across Africa have been eating insects since a long time, since insects are a healthier alternative to red meat, and could contain up to three times more protein than chicken or beef.

Rise in consumption of insects has resulted in increase of sustainable food due to low environmental effect. Sustainable foods are safe and healthy, inexpensive, nutritious and easily available for consumption. Insects have great nutritional value which includes fatty acids, protein, dietary energy, vitamins, minerals and fibres. Intake of minerals increases resistance power of the body against diseases. Further, eatable insects are source of oils & fats rich in polyunsaturated fatty acids. As per reports of FAO (Food & Agricultural Organization) of United Nations (UN), insects emit low proportion of greenhouse gases and can be consumed as sustainable diet. All these aspects are predicted to drive the industry growth during forecast timeframe.

Bug consumption has led to rise in demand due to reasonable price of raw materials, transportation and deployment. Low raw material price can result in production increase and directly affect edible insect market price trend. Capital investment by firms to increase their product portfolio can drive the industry demand. Insects can be hazardous if not harvested properly. Limited guidelines and rules for edible insects rearing can hinder the industry expansion.

APAC was the biggest region which produced more than $10 million revenue for 2015. It was led by Thailand and China edible insects market. In Thailand, more than 201 insects are consumed while in China produces raw silk as sericulture is originated there. Both these countries sell both fresh and cooked eatable insects in local as well as wholesale markets.

Europe edible insects market share, dominated by France, UK and Holland is predicted to experience high rate of expansion during forecast timeframe. Most of the European Union nations consume or intake mealworms and crickets in their pet or regular diet.

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Latin America, dominated by Brazil, is predicted to expand substantially in future. Brazil is predicted to register more than 42.4% of CAGR and surpass $55 million mark by end of forecast timeframe.

Key industry participants profiled in the report include Chapul Incorporation,Bugsolutely, Insectitos, Bodhi, Exo Protein, Gathr Foods, Six Foods,ECOBARS, Edible Incorporation,Crik Nutrition, Bitty Foods, EnviroFlight, Micronutris, HaoCheng Mealworm Incorporation, Thailand Unique, Proti-Farm, GetSharp, Kreca, Cricket Flours, Entomo Farms, LaViewEye, Nutribug,Bugeater Foods, AgriProtein Technologies,Crickers,Bensbugs and Fluker farms.

 

 

 

Aerospace Cold Forgings Market 2020 In Depth Analysis of Industry Share, Growth Outlook Up to 2025

The aerospace cold forgings market stands to gain in Asia has been underlined by the recent event where Bamboo Airways of Vietnam ordered ten 787-9 Dreamliners from Boeing while VietJet ordered one hundred 737 Max planes. While the former order was priced at $3 billion, the latter came with a price tag of $12.7 billion. Remarkably, the orders come at a time when President Donald Trump of the United Sates, had been visiting Vietnam to meet with the North Korean leader, Kim Jong-Un.

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Apart from APAC however, North America also stands as one of the most vital regional contributors to the global aerospace cold forgings industry. As per reports, North America aerospace cold forgings market will register a highly exponential growth rate over 2019-2025, driven by the rising presence of numerous aircraft manufacturers in the region in conjunction with the increasing demand for aircrafts subject to the enhanced service portfolio of low cost carriers. Equally important is the fact that U.S. regulators recently approved Vietnam’s air-safety system, making its airlines eligible to begin direct flights to the U.S.

With the stellar growth of the aviation industry, the aerospace cold forgings market is anticipated to record inevitable expansion in the years ahead. Current affairs indicate such a trend as well when in 2019, British Airways placed a massive order for 42 Boeing 777 jets. The deal comes at a time when IAG, which also owns other airlines like Aer Lingus and Iberia, said that the net profits for the group soared by 45% to €2.9 billion due to lower costs and higher passenger numbers.

On the other hand, Airbus has been setting wheels in motion to assemble its latest A330neo wide-body jet in China. The company is trying to capitalize its business in the world’s fastest-growing aviation markets. China itself is not far behind in the race and has already tested the first China manufactured full size commercial aircraft in 2017, a line that is anticipated to rival giants like Boeing and Airbus. Considering such a widespread growth in the aerospace manufacturing industry, it can be very decidedly concluded that the aerospace cold forgings market will earn substantial profits as the industry mainly deals in the manufacturing of airframes, landing gears and nacelles.

To present a brief overview of the burgeoning aviation industry and therefore the expanding aerospace cold forgings market, it is necessary to demonstrate the air travel pattern observed across the globe. Air travel has growth exponentially in the Asia Pacific region which would present the aerospace cold forgings industry with unprecedented opportunities and challenges. A staggering 3.8 billion air travelers had been reported by Air Transport Association (IATA) to have travelled in 2016 and this number has been predicted to reach 7.2 billion passengers by 2035 with most of the boost coming from Asia Pacific. China is set to overtake the U.S. as the largest aviation market in the world by 2024 while India will displace the U.K. at the third place near 2025.

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With new areas of business opportunity opening up rapidly, the aerospace cold forgings market is anticipated to grow exponentially and will continue an upward trend over the coming years. As a matter of fact, the overall aerospace cold forgings industry is anticipated to surpass USD 5.5 million by 2025.

List of Charts & Figures from Aerospace Cold Forgings Market Report:

FIG 1    Industry segmentation

FIG 2    Industry landscape, 2013 – 2025 (Kilo tons) (USD Thousand)

FIG 3    Industry ecosystem analysis

FIG 4    Growth potential analysis

FIG 5    Porter’s analysis

FIG 6    PESTEL analysis

FIG 7    Global market share by application, 2018 & 2025

FIG 8    Global market share by platform, 2018 & 2025

FIG 9    Global aerospace cold forgings market share by region, 2018 & 2025

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Aircraft Communication System Market Share Worldwide Industry Growth, Trends, Opportunities and Forecasts Up to 2025

SATCOM, one of the pivotal products in aircraft communication system market, has proved itself to be rather crucial in air traffic management. Its increased deployment in military aircrafts is likely to upscale its demand, thereby stimulating aircraft communication system industry from SATCOM.

The commendable expansion of the aviation space can be aptly credited for the significant proceeds that aircraft communication system market has been accumulating in the recent years. According to a study conducted by IATA, the average global citizen now undertakes air travel once every 21 months – a significant increase from the 43-month duration in 2000. Not to mention, military expenditure has also observed a rise lately, with governments setting aside a major portion of the national budget for the defense sector.

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Driven by surging military spending and the rising number of defense aircraft, aircraft communication system market will inevitably propel over the coming years. In order to remain aligned with the exponential demands of the current consumer base, innovative products are also being introduced in aircraft communication system industry.

With air travel becoming more affordable, a new generation of jetsetters have come into being, leading to increased air traffic. In consequence, pilots are under tremendous greater pressure to navigate in the congested air space. As the demand for real-time satellite access and air traffic data to undertake rapid decisions increases, aircraft communication system market is likely to receive commendable momentum. For instance, the EU has adopted the SANDRA project that integrates different plane communication systems in a single system. This unit facilitates faster data connectivity and replaces banks of radio hardware with state-of-the-art software systems. Thus, data like weather conditions and air traffic situation that used to be verbally communicated earlier, can now be accessed by pilots in real time through flight computers.

One of chief drivers for the aircraft communication system market is the exponential growth of the commercial aircraft industry. Considering an instance of Airbus, one of the pioneers of the aerospace industry, the firm has set its goal of tripling its revenues within the next seven years to enable its commercial aircraft business reach $10 billion. It also plans to target measures worth $555 million in 2018 to improve productivity. Furthermore, in the year 2018, Airbus commercial aircraft deliveries rose to 800 – an 11% surge compared to 2017.

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With cutting edge innovations being brought forth rapidly in aircraft communication system market, it is rather overt that this business space would thrive commendably in the ensuing years. NASA has recently developed The Aircraft Access to System Wide Information Management that is capable of replacing the underground cables airport communication system with wireless communication. This is one of the instances of high-grade technological advancements prevalent in aircraft communication system industry. As per reliable estimates, aircraft communication system industry is anticipated to cross USD 2.9 billion by 2025.

Some Points From Table Of Content: –

Chapter 4 Aircraft Communication System Market, By Product

4.1 Global aircraft communication systems industry share by product, 2018 & 2025

4.2 SATCOM

4.2.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.2.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.3 HF

4.3.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.3.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.4 VHF

4.5 UHF

4.6 Data Link Communication

Chapter 5 Aircraft Communication System Market, By Component

5.1 Global aircraft communication systems industry share by component, 2018 & 2025

5.2 Antenna

5.3 Transponder

5.3.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.3.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.4 Receiver

5.4.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.4.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.5 Transmitter

5.6 Transceiver

5.7 Display & Processor

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AI in Education Market Analysis by Model, Deployment, Technology, Application and End Use Analysis to 2024

The AI in education market is dominated by North America, with over 60% share globally. The regional growth is fueled by the early adoption of AI technology in education and immensely developed infrastructure. Added to this, the presence of IT giants such as Google, Microsoft, AWS, IBM, Pearson and others has laid a strong foundation for the AI in education market expansion.

The global AI in education market has ascended as one of the primary AI application verticals owing to the limitless potential in innovations and ability to accelerate the learning process. Growing reputation of AI applications has created a platform for facilitating the knowledge acquisition and decision-making systems that support the educational institutions in effecting student development. Continuous improvements in technology and the increasing availability of advanced infrastructure has further propelled the artificial intelligence (AI) in education market.

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The incredible progress of AI in education market can be emphasized by China’s recently implemented plans to achieve global leadership in AI research and development, including AI application in schools. A report revealed that a high school in Eastern China has installed a facial recognition system for real-time analysis of student engagement, by registering their behavior and facial expressions. Termed as the intelligent classroom behavior management system, its cameras are placed in front of the classrooms above the blackboard and scans the class every 30 seconds. The system can detect various kinds of moods and behavioral pattern of the students.

To elaborate further, this innovative AI system is reportedly assisting to track student attendance and refining teaching methods. It is expected to help in maximizing student engagement by making the students conscious of the system. The experiment with the intelligent classroom behavior management system comes on the heels of other AI applications implemented in schools across China, such as using the technology for grading papers and argumentative essays.

Evidently, the artificial intelligence (AI) in education market is exceedingly delivering positive outcomes while bridging the gaps between learning and teaching. E-learning platforms infused with virtual and augmented reality technologies have contributed heavily to the market growth. The learning platform and virtual facilitators application held 55% of the total revenue in 2017. These applications have provided effective support to learning and knowledge transfer outside the classrooms, across all grades and socio-economic levels, minimizing the dependency of students on parents and teachers who can only be available for limited periods of time.

The AI in education market is characterized by a massive demand for virtual classrooms and tutors, owing to their cost-effectiveness and efficient delivery methods. Educational establishments are collaborating with EdTech (educational technology) companies to develop degree programs on virtual platforms and also a multitude of open courses to encouraging free education.

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The advent of AI in education has initiated a change in the dynamics of teaching and will transform the way students learn and acquire skills. Worldwide, the market positions of multinational companies and growing venture capital investments in start-ups has turned the AI in education market into an extremely competitive landscape, with expected CAGR of more than 45% over 2018-2024.

Some Points From Table Of Content: –

Chapter 5. AI in Education Market, By Model

5.1. Key trends, by model

5.2. Learner model

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.3. Pedagogical model

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.4. Domain model

5.4.1. Market estimates and forecast, 2013 – 2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 6. AI in Education Market, By Deployment

6.1. Key trends, by deployment

6.2. On-premise

6.2.1. Market estimates and forecast, 2013 – 2024

6.2.2. Market estimates and forecast, by region, 2013 – 2024

6.3. Cloud

6.3.1. Market estimates and forecast, 2013 – 2024

6.3.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 7. AI in Education Market, By Technology

7.1. Key trends, by technology

7.2. Machine learning

7.2.1. Market estimates and forecast, 2013 – 2024

7.2.2. Market estimates and forecast, by region, 2013 – 2024

7.3. Natural language processing (NLP)

7.3.1. Market estimates and forecast, 2013 – 2024

7.3.2. Market estimates and forecast, by region, 2013 – 2024

7.4. Deep learning

7.4.1. Market estimates and forecast, 2013 – 2024

7.4.2. Market estimates and forecast, by region, 2013 – 2024

7.5. Others

7.5.1. Market estimates and forecast, 2013 – 2024

7.5.2. Market estimates and forecast, by region, 2013 – 2024

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At 65% CAGR, (AR) Augmented Reality Market is Expected to Reach USD 50 Billion by 2024

Rapid growth of e-commerce and retail sectors within developed markets will foster augmented reality market share over the forecast timeframe. The retail industry has been considerably reformed with the help of rising social awareness and change in the preferences of consumers. Major investments are being made by retailers to enhance the shopping experience of a customer.

For instance, U.S. based luxury sportswear brand, Lacoste has started using a 3D AR application which lets the customers try its trainers and interact with the sportswear extension brand. This technology has boosted the in-store shopping experience for consumers, especially at a time of global inclination towards online shopping.

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Common applications like retail and gaming essentially use augmented reality applications on smartphones and tablets which does not need a dedicated hardware device like smart glasses or HMDs. Enterprises have different uses of augmented reality technology like manufacturing, designing and quality check in the automotive, aerospace & defense, medical and industrial sectors.

Augmented reality market from the aerospace & defense applications will witness a significant growth in the forthcoming years on account of the increase in the demand for efficiency and improved quality across business operations. The aerospace & defense sector handles numerous complex machinery that needs an implementation of advanced technology which would ensure the reliability and quality of the industry’s output.

Various augmented reality devices like spatial audio, force feedback systems, immersive displays have been improving the pilots’ and astronauts’ strengths, who are capable of controlling such complex machines. With the rising need to enhance operational safety, training and efficiency, the augmented reality deployment will grow considerably.

Additionally, there has been an extensive adoption of technology by the aerospace & defense sector across the world for safety, simulation and visualizations. Constantly evolving warfare in terms of technology has increased the demand for steadily expanding graphics processing and possible data gathering, fostering the growth of the augmented reality market.

Strong presence of industrial players in Asia Pacific will help boost the deployment of AR technologies in numerous spheres. Steady growth of the tourism industry in countries like India, Japan and China has assisted the growth of this augmented reality market.

Augmented reality has been integrated with features like camera, microphones and GPS that helps offer data and information for navigations within the tourism industry. In addition, the growing regional automobile sector has encouraged the manufacturers to incorporate advanced AR technologies like Heads-Up Displays (HDMs).

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Asia Pacific augmented reality market share is expected to record nearly 67% CAGR over 2017-2024 on account of extensive use of AR technology in industrial, retail and healthcare sectors. Market players like Mahindra & Mahindra Limited, Tata Motors Limited and Hyundai Motor Company have begun to implement such solutions.

List of Charts & Figures from Augmented Reality Market Report:

FIG. 1    Augmented reality market segmentation

FIG. 2    Global augmented reality market, 2014 – 2024 (USD Million)

FIG. 3    Industry ecosystem analysis

FIG. 4    Growth potential analysis

FIG. 5    Porter’s analysis

FIG. 6    Competitive landscape, 2016

FIG. 7    PESTEL analysis

FIG. 8    Global AR market share by component, 2016 & 2024

FIG. 9    Global AR market share, by display device, 2016 & 2024

FIG. 10    Global AR market share, by application, 2016 & 2024

FIG. 11    Global augmented reality market share, by region, 2015 & 2024

FIG. 12    SWOT Analysis, Accuvein Inc.

FIG. 13    SWOT Analysis, Affectiva

FIG. 14    SWOT Analysis, APX Labs

FIG. 15    SWOT Analysis, Blippar

FIG. 16    SWOT Analysis, DAQRI LLC

FIG. 17    SWOT Analysis, Google, Inc.

FIG. 18    SWOT Analysis, LAFORGE Optical

FIG. 19    SWOT Analysis, Magic Leap, Inc

FIG. 20    SWOT Analysis, Marxent Labs LLC

FIG. 21    SWOT Analysis, Medsights Tech Corp.

FIG. 22    SWOT Analysis, Microsoft Corporation

FIG. 23    SWOT Analysis, Niantic, Inc.

FIG. 24    SWOT Analysis, Nintendo Co. ltd

FIG. 25    SWOT Analysis, Optinvent

FIG. 26    SWOT Analysis, Prologue Immersive

FIG. 27    SWOT Analysis, PTC Inc.

FIG. 28    SWOT Analysis, Qualcomm Incorporated

FIG. 29    SWOT Analysis, Recon Instruments Inc.

FIG. 30    SWOT Analysis, Sphero, Inc.

FIG. 31    SWOT Analysis, Total immersion

FIG. 32    SWOT Analysis, Wikitude GmbH

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ICS Security Market Segmented by Product, Top Manufacturers, Geography Trends and Forecasts to 2024

The growth in the ICS security market can be attributed to these rising malware attacks that generally drain the bank accounts, steal identities, and blackmail organizations to bring services to a halt. A significant instance is that of the NotPetya ransomware that shut down several industrial IT networks across the U.S. and Europe. The gigantic outbreak resulted in losses of thousands of millions of dollars for large enterprises, from pharmaceutical company Merck to shipping firm Maersk. WannaCry was another popular ransomware that caused enormous damage, however it was later realized that this unsophisticated attack could have been easily prevented by following the basic IT security practices.

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The robust prevalence of incidences similar to the aforementioned has served as a pivotal driver for ICS security market. Owing to these constantly evolving cyberattacks that are becoming more commonplace, security concerns have grown considerably in recent times, resulting into robust demand for ICS security solutions. Speaking of the growth in the commercialization potential, reports claim that the industrial control systems security market bagged USD 1.5 billion for the year 2017 and is expected to thrive further with industry players focusing on strategic collaborations and product innovation trends.

Kepware’s latest release of the KEPServerEX® version 6.5 industrial connectivity platform, in this regard is quite an example of the rising product innovation & diversification trends in the ICS security market. The company’s new product launch demonstrates its commitment to ICS security and its word in providing customers with best tools and services that support defense-in-depth programs. According to reports, the 6.5 version, which existing users can now avail for free, includes features such as enhanced password configuration, greater project file protection, comprehensive secure deployment guidelines, and other updated security components. Kepware, a business arm of PTC, also claims that it will introduce a Shared Responsibility Model that will enable the company to work together with its customers and address security issues experienced by industrial organizations of all sizes.

Industry experts speculate that in today’s security landscape, the real pressure on all the industrial enterprises is to secure their operational networks. And Kepware’s commitment in adding new security features and maintaining up-to-date components that would help customers reduce exposure to cyber-attacks and vulnerabilities will in turn strengthen its footprints in the competitive landscape of the global ICS security market.

The partnership between Rockwell Automation and Claroty is another fine instance that portrays how leading ICS security market players are constantly expanding their reach through such strategic collaborations. The partnership between the two is expected to develop a purpose-built anomaly detection software for the industrial network security.

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Numerous other leading ICS security market players like Cisco, Honeywell, IBM, Schneider Electric, and GE Digital are also expected to keep pace with the changing dynamics of cyberattacks while ensuring the delivery of comprehensive security solutions. On grounds of these efforts being undertaken by the industry players to innovate advanced & efficient products, industrial control systems security market is certain to tread along a lucrative roadmap in the years ahead. The industrial control systems security market has been forecast to be pegged at USD 7 billion by 2024.

List of Charts & Figures from ICS security market Report:

FIG 1    ICS security market segmentation

FIG 2    ICS security market, 2013 – 2024 (USD Million)

FIG 3    Porter’s analysis

FIG 4    PESTEL analysis

FIG 5    Growth potential analysis

FIG 6    Company analysis of market leaders, 2017

FIG 7    Company analysis of other prominent players, 2017

FIG 8    Competitive Landscape, 2017

FIG 9    SWOT Analysis, ABB Ltd.

FIG 10    SWOT Analysis, Schneider Electric

FIG 11    SWOT Analysis, Bayshore Networks, Inc.

FIG 12    SWOT Analysis, Belden, Inc.

FIG 13    SWOT Analysis, Cisco Systems, Inc.

FIG 14    SWOT Analysis, Cyberbit

FIG 15    SWOT Analysis, Dragos

FIG 16    SWOT Analysis, Fortinet, Inc.

FIG 17    SWOT Analysis, General Electric Company

FIG 18    SWOT Analysis, Honeywell International Inc.

FIG 19    SWOT Analysis, IBM Corporation

FIG 20    SWOT Analysis, Kaspersky Lab

FIG 21    SWOT Analysis, Nozomi Networks, Inc.

FIG 22    SWOT Analysis, Rolloos

FIG 23    SWOT Analysis, FireEye Inc.

FIG 24    SWOT Analysis, McAfee LLC

FIG 25    SWOT Analysis, OT Claroty Ltd.

FIG 26    SWOT Analysis, Raytheon Company

FIG 27    SWOT Analysis, Rockwell Automation

FIG 28    SWOT Analysis, Schneider Electric

FIG 29    SWOT Analysis, SecurityMatters

FIG 30    SWOT Analysis, Symantec Corporation

FIG 31    SWOT Analysis, Trend Micro

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By 2024, IoT Healthcare Market is Projected to Grow At A CAGR of 15%

IoT healthcare market has been projected to witness notable growth prospects owing to the robust developments in healthcare infrastructure. Increasing prevalence of chronic diseases across the globe coupled with rising expansion of digitalization in the healthcare sector will drive the market growth over the next few years.

Global IoT healthcare market is expected to surpass USD 10 billion by 2024. Several hospitals and regional governments are taking initiatives to deploy IoT across healthcare applications, due to increase in the requirement for communication and mobility in medical care. Smart wearables have now become common, which are increasingly being explored by healthcare companies and organizations to gather and analyze vital patient data.

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The rising implementation of advanced technology to improve the process of operations and enhance the doctor-patient interaction level will provide a major push to the IoT deployment in the medical field.

Managed service segment in IoT healthcare market is projected to grow substantially over the estimated timeline. Numerous companies are broadening their reach into the healthcare sector and aiding to support digital solutions that enhance the quality of care and patient experience. With the deployment of the technological solutions and integration of several advanced systems the healthcare department is evolving at a rapid pace.

AI-enabled medical devices and enhancement in the support & maintenance services offered to users will help in optimizing patient outcomes as well as be beneficial to users in terms of reducing risk in business operations. Moreover, the wide usage of such services helps in lowering of total cost of ownership and secure the valuable resources of the firm to focus more on core competencies.

Various healthcare companies are increasingly focusing on producing advanced wearable devices such as fitness trackers to monitor, diagnose, and prevent future illnesses. Reports estimate that wearable has been seen to bring down the healthcare costs and assists with the early diagnosis of a patient’s health condition, which would also help in easier treatment.

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Smart wearable devices analyze real-time data and use it to improve the efficiency of the users resulting in the occurrence of fewer errors. Major players in the healthcare sector are now venturing into integrating smart wearable technology on a large scale due to notable benefits it can deliver to customers. Adoption of such advanced technological solutions is on the rise and offers substantial growth opportunities to the IoT healthcare market.

Some Points From Table Of Content: –

Chapter 4.   IoT Healthcare Market, By Platform

4.1.  Global IoT healthcare market share by platform, 2016 & 2024

4.2.  Network management

4.2.1. Market estimates and forecast, 2013 – 2024

4.2.2. Market estimates and forecast, by region, 2013 – 2024

4.3.  Device management

4.3.1. Market estimates and forecast, 2013 – 2024

4.3.2. Market estimates and forecast, by region, 2013 – 2024

4.4.  Application management

4.4.1. Market estimates and forecast, 2013 – 2024

4.4.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 5.   IoT Healthcare Market, By Technology

5.1.  Global IoT healthcare market share by technology, 2016 & 2024

5.2.  Sensor

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.3.  RFID

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.4.  Connectivity technology

5.4.1. Market estimates and forecast, 2013 – 2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

5.5.  Others

5.5.1. Market estimates and forecast, 2013 – 2024

5.5.2. Market estimates and forecast, by region, 2013 – 2024

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(NFV) Network Function Virtualization Market 2020 by Manufacturers, Regions Application and Forecast to 2024

Asia Pacific network function virtualization market outlook is anticipated to record the fastest growth by 2024 owing to the intensifying demand for cloud-based storage, networking, and computing solutions from the rapidly developing technology firms in the region.

With investments in NFV technology from telecom firms, including Huawei and ZTE, in China, the advancement in NFV services and solutions is estimated to grow rapidly over 2018-2024. For instance, China’s Internet Plus initiative has been introduced with an aim to update and transform traditional sectors to join modern economy. Telecom service providers in the country have been rapidly adopting NFV technology to benefit from its speed, cost-effectiveness, and flexibility.

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Bringing about a disruptive change in the way present-day digital networks are being built, operated, and managed, the network function virtualization market has established itself as one of the most profitable niche verticals of the sustainable and smart industry. Owing to a substantial increase in the demand for robust data management systems across various business sectors, the deployment rate of NFV technology has witnessed a massive jump over the past few years. Especially, the rising number of collaborations between IT giants and renowned cloud service providers has consequentially boosted the growth prospects of NFV industry. For instance, the recently formed partnership between Indian IT major Tech Mahindra and cloud computing behemoth VMware is a testament to the growing prominence of NFV technology in connecting virtual machines and physical interfaces.

Elaborating further, both the firms are likely to integrate VMware’s OpenStack ready NFV platform with digital transformation expertise of Tech Mahindra to assist global communication service providers in accessing new market opportunities, accelerating new service delivery, and enhancing the overall business economics. Moreover, the solutions provided by both the companies would be based on distributed micro data center architecture that will certainly lower the expenses related to network infrastructure. Apparently, the formation of such robust partnerships would optimistically impact the network function virtualization market share in the years ahead.

At a time when the global IT and telecommunication sector has been recording unprecedented growth owing to a major shift toward automation, next-generation technology solutions such as NFV have garnered immense significance. With the help of a robust virtualized network architecture in conjunction with NFV technology, the telecommunications companies can now launch new services in a couple of months. Moreover, the deployment of NFV enables telecom network operators to significantly reduce power consumption through consolidating equipment, lower the maturation cycle, improve the flexibility of network service provisioning, and enhance operational efficiency.

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Meanwhile, it would be prudent to mention that the seamless deployment of NFV technology has been facing certain challenges which includes ensuring compatibility with legacy platforms, interoperability, performance trade-off, and simplicity which might prove to be roadblocks in rapid product penetration. However, the applications of NFV technology would undoubtedly drive various business verticals toward the next phase of network evolution and would prepare an ecosystem where the advantages of 5G connectivity would be leveraged in a highly efficient and agile manner. Driven by an escalating demand for server consolidation and data center virtualization, the remuneration portfolio of the global network function virtualization market is projected to surpass USD 70 billion by 2024.

List of Charts & Figures from Network Function Virtualization Market Report:

FIG 1    Network function virtualization market segmentation

FIG 2    Network function virtualization market, 2013 – 2024 (USD Million)

FIG 3    Porter’s analysis

FIG 4    PESTEL analysis

FIG 5    Network function virtualization market growth potential analysis

FIG 6    Company analysis of market leaders, 2017

FIG 7    Company analysis of other prominent players, 2017

FIG 8    Competitive Landscape, 2017

FIG 9    SWOT Analysis, 6Wind

FIG 10    SWOT Analysis, Amdocs

FIG 11    SWOT Analysis, Arista Networks

FIG 12    SWOT Analysis, AT&T Inc.

FIG 13    SWOT Analysis, Broadcom Inc.

FIG 14    SWOT Analysis, Cisco Systems, Inc.

FIG 15    SWOT Analysis, Citrix Systems, Inc.

FIG 16    SWOT Analysis, Ericsson

FIG 17    SWOT Analysis, F5 Networks, Inc.

FIG 18    SWOT Analysis, Hewlett Packard Enterprise

FIG 19    SWOT Analysis, Huawei Technologies Co., Ltd.

FIG 20    SWOT Analysis, Juniper Networks, Inc.

FIG 21    SWOT Analysis, NFWare

FIG 22    SWOT Analysis, Nokia Corporation

FIG 23    SWOT Analysis, Oracle Corporation

FIG 24    SWOT Analysis, Pluribus Networks

FIG 25    SWOT Analysis, Riverbed Technology, Inc.

FIG 26    SWOT Analysis, Verizon Communications

FIG 27    SWOT Analysis, VMware, Inc.

FIG 28    SWOT Analysis, Wind River Systems, Inc.”

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North America Youth ATV & UTV Market to cross 380 Mn US-dollar by 2024

North America youth ATV & UTV market size is poised to experience lucrative growth in the coming years. The region is witnessing growing interest towards sports & recreational activities among the youth and millennial population. This can be attributed a significant rise in the purchasing powers of consumers. In addition, most youth all-terrain vehicles (ATVs) and utility task vehicles (UTVs) are easily available at affordable prices.

Consequently, this has resulted in the increased construction of off-road trails and parks particularly across the U.S. The government is increasingly spending on the construction of new ATV and UTV trails as well as upgradation of existing ones, fueling the overall North America youth ATV & UTV market trends.

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Even though the need to utilize off-road vehicles arose out of the challenges to tackle difficult geographical terrain and climatic conditions across various nations, the popularity of ATVs and UTVs has been on the rise in the recent times. These off-road vehicles have emerged as the most preferred vehicles for touring through national parks, beaches, and for racing purposes. North American nations like the U.S. and Canada have humongous national reserves and state parks where off-beat routes and trails have been built by the government.

Various state governments in the U.S. have been spending millions to construct and maintain off-road routes and trails in national parks – a factor that has invariably benefited the North America youth ATV & UTV industry. For instance, the policy board of the State Department of Natural Resources in Wisconsin approved a master plan in 2017 to add 200 miles of routes for ATVs in the Northern Highland-American Legion State Forest. Apart from commissioning new trails, the board has completed recreational opportunities analysis of a large parcel of natural area in northern Wisconsin and has further identified potential sites for ATV routes.

Needless to mention, the initiatives being undertaken by government authorities along with increasing budgetary allocations to build new off-road trails would be helpful for recreational enthusiasts and boost adventure sports in the region. That being said, numerous national parks in the states such as Wisconsin in the U.S. have emerged as major geographical terrains that assist North America youth ATV & UTV market participants to expand their commercialization scale in the recent times.

Having a vast geographical expanse of around 430 wilderness areas, over 150,000 miles of trails, and large farms, ranches, and unpaved roads, the U.S. has emerged as a lucrative investment hub for North American youth ATV & UTV industry expansion. Reports claim that the profound surge in recreational activities and the presence of major industry players bringing forth technologically advanced vehicles will be the key factors driving the regional share. Accounting for a revenue share of USD 220 million in 2017, estimates claim the North America youth ATV & UTV market to be a dominant player with a volume share of over 90% by 2024.

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Quite overtly, the significant geographical benefits in conjunction with the rising popularity of motor sports & recreational activities are slated to robustly fuel the ATVs & UTVs product demand across North American. And furthermore, with the growing product popularity, the extensive efforts of industry contenders & regional governments to expand the scope of these activities are all set to carve a profitable roadmap for North America youth ATV & UTV market in the years ahead.

Table of Contents (ToC) of the report:

Chapter 4.   North America Youth ATV & UTV Market, By Product

4.1. North America Youth ATV & UTV market share by product, 2017 & 2024

4.1.1.  ATV

4.1.1.1.    Market estimates and forecast, 2013-2024

4.1.1.2.    Market estimates and forecast, by region, 2013-2024

4.1.2.  SSV/UTV

4.1.2.1.    Market estimates and forecast, 2013-2024

4.1.2.2.    Market estimates and forecast, by region, 2013-2024

Chapter 5.   North America Youth ATV & UTV Market, By Fuel

5.1. North America Youth ATV & UTV market share by fuel, 2017 & 2024

5.2. Gasoline

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2.  Market estimates and forecast, by region, 2013–2024

5.3. Electric

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2.  Market estimates and forecast, by region, 2013–2024

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Inland Waterways Vessels Market – 4.8% Growth Forecast from 2020 to 2024

Inland waterways vessels market size is projected to be pegged at $2,250 billion by 2024 driven by a plethora of trading activities, favorable government support, and the growing demand for congestion-free transportation. The rising preference for energy efficient and technologically advanced solutions for the transportation of goods is certain to add stimulus to inland waterways vessels market. Another factor augmenting the commercialization scale of this vertical is the expanding tourism industry that is becoming more and more ecologically tolerant by the day.

With the swift acceptance of economical transportation systems, inland waterways vessels market has been gaining increasing popularity among the masses lately. Inland waterway transit is particularly in focus at present, as one of the most competitive alternatives for rail and road transport. This sudden spur of popularity can be principally attributed to the eco-friendly benefits of this mode of transport. Inland water ships ensure a high level of safety while carrying dangerous goods in addition to providing energy efficiency and reliability, thereby augmenting inland waterways vessel industry trends.

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Recognizing the immense popularity of waterway transportation, regional governments have been on the go, encouraging the adoption of this mode of transportation. The European Union in fact has even come up with a set of regulatory norms to strengthen and promote inland waterways transportation systems. The increasing implementation of waterways transportation for conveyance of goods and passengers is thus likely to boost inland waterways vessel market share.

Speaking of the involvement of government bodies, it would be prudent to mention a recent incidence witnessed across the Indian sub-continent. In 2017, the Gujarat state government, with the support of the Central government of India, commenced the Ro-Ro ferry services across Dahej and Ghogha for convenient intercity transportation. The initiative is expected to boost the economy of state with considerable savings of fuel and travel time. Indeed, the Ro-Ro ferry service is the debut inland waterway transportation across India and is evidence to the fact that the increasing adoption of this mode of transportation for enhancing business and regional trade is certain to stimulate inland waterways vessel market share.

Further elaborating on the Indian government’s initiatives to strengthen the regional inland waterways vessels market trends, under the Jal Marg Vikas Project, the government of India is seemingly looking forward to developing the National Waterway 1. Through this project, the Inland Waterways Authority of India (IWAI) plans to provide an eco-friendly, economical, and safe mode of transportation to the Indian citizens. In order to accomplish the same, IWAI has inked a contract with the Germany-based vessel designing company, DST. IWAI has announced that it is going to procure approximately 60 vessels out of which 25 could be LNG fueled to facilitate transit via inland waterways. The procurement of vessels reportedly depends on the type of services like cargo and ferry. LNG vessels provide excellent operational efficiency and have a less hazardous influence on the environment, thereby augmenting LNF fueled inland waterways vessel market share. The aforementioned initiatives certainly imply that heavy investments in off-road transportation systems will have a remarkable influence on India inland waterways vessel market size.

It will be prudent to mention that cargo movement makes up for a bulk of inland waterways transportation requirement. On these grounds, non-passenger inland waterways vessels market is expected to attain the dominant position in this industry. As per estimates, non-passenger vessels are forecast to account for a mammoth 80% of the inland waterways vessels industry share by 2024.

Similar to non-passenger vessels, passenger inland waterways vessels market has also gained commendable traction on account of the increasing popularity of river cruises, ferries and yachts. With the expanding tourism industry, river cruises have witnessed a great surge in demand over the last couple of decades. In Europe in fact, river cruises on rivers such as Danube, Main and Rhine have been conducted with great success with luxury long boats like the Viking River Cruise. The adoption of similar boats has been rapidly occurring in the U.S. where tourism interest in rivers like Mississippi and Ohio, has added a significant boost to the regional inland waterways vessels industry. It is thereby rather undeniable that the rise in water-based tourism will augment passenger inland waterways vessels market size, slated to register a CAGR of 3% over 2017-2024.

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APAC inland waterways vessel market size was pegged at USD 1200 billion in 2017 and will exceed USD 1700 billion by 2024, driven by the expanding tourism industry and the rising number of trade activities in the region.

Since the last few decades, the inland waterway transportation network has grown tremendously across Europe, stimulating the regional inland waterways vessel market size. Indeed, this mode of transportation has helped connect European countries to the Baltic Sea, Coastal North Sea, and Black Sea. Despite a well-developed rail and road transportation network, waterway transit has achieved more popularity across Europe pertaining to the lesser transportation cost.

Table of Contents (ToC) of the report:

Chapter 4  Inland Waterways Vessels Market, By Vessel

4.1  Inland waterways vessels market share by vessel, 2017 & 2024

4.2  Passenger ship

4.3  Non-passenger ship

Chapter 5  Inland Waterways Vessels Market, By Fuel

5.1  Inland waterways vessels market share by fuel, 2017 & 2024

5.2  LNG

5.3  Low sulphur fuel oil (LSFO)

5.4  Diesel oil

5.5  Heavy fuel oil

5.6  Biofuel

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At 14.5% CAGR, Automatic Emergency Braking Market to be worth more than $20 Billion by 2024

Automatic emergency braking market has been gaining increasing traction in the recent years, primarily due to the rising concern and awareness regarding the death toll due to traffic injuries. However, the surging emergence of autonomous vehicles has also been majorly responsible for the expansion of this vertical. For instance, at the 2019 Consumer Electronics Show, Intel’s subsidiary that develops driver assistance systems, announced that it will be supplying two China based companies with tools that would help in the development of driverless cars. But for driverless cars to become a reality, automatic preventive braking, which is an enhanced version of automatic emergency braking, have to be fully functional and installed on driverless vehicles.

In 2015, NHTSA and the Insurance Institute of Highway Safety made an announcement in which it was declared that ten of the major U.S. car manufacturers committed towards including automatic emergency braking as a standard feature in all new vehicles. Considering that the ten manufacturers constitute nearly 60% of the automakers in United States, their commitment to the inclusion of the feature is an important one and comprehensively indicates the future growth prospects for the automatic emergency braking market.

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The expanding automotive industry will also add a noticeable stimulus to the automatic emergency braking market. According to reliable statistics, the automotive industry was estimated to sell nearly 78.6 million passenger vehicles in 2017. In terms of production and sales, China and the United States are among the leading countries in the automotive industry with 6.9 million passenger cars having been sold in the U.S. alone in 2016.

While the automotive industry is led by such giants as Volkswagen, Daimler and Toyota, the automotive supplier industry, which also plays a major role in the automatic emergency braking market, is led by Bosch, Continental, Denso, Magna etc. Aided by initiatives like the Paris Agreement, electric and hybrid vehicles are expected to register 20% CAGR over 2018-2024, adding greater growth impetus to the overall market. As passenger vehicles witness explosive demand in the emerging economies, it is predictable that the automatic emergency braking market will also register a massive growth rate as traffic safety concerns will be rising with the increasing use of vehicles.

As the advantages of automatic emergency braking systems are coming to the forefront, governments are speedily putting regulations in place that are soon expected to make automatic emergency braking systems a mandate in all vehicles. With consumers themselves demanding increased safety in their vehicles, various safety measures like pedestrian automatic braking system, rearview camera, forward collision warning systems are becoming more common in vehicles while governments are pushing to make them mandatory in even the basic models and not only in the costlier ones.

In fact, in 2015, ten major U.S. car manufacturers committed to making automatic emergency braking a standard feature in all vehicles to increase vehicle safety. Electric car manufacturer Tesla added an automatic emergency braking system on its vehicles that uses a radar technology to bounce under vehicles to detect potential accidents up to 2 cars ahead and is activated even before the human driver has the chance to access the situation and react. Pedestrian automatic emergency braking systems are also becoming more commonly used in automobiles as autonomous vehicles are making their appearance in the market and it is of crucial importance that pedestrian safety is maintained in case of such vehicles.

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Apparently, automatic preventive braking will work by applying small preventive brakes that will increase the distance between two vehicles and maintain safe distance between vehicles rather than brake suddenly to avoid collision. Integration of such braking systems on autonomous vehicles as well as ordinary vehicles driven by humans will immensely augment the safety of passengers as well as pedestrians. Such considerations taken by automakers are certain to add a considerable boost to the growth of the automatic emergency braking market.

Table of Contents (ToC) of the report:

Chapter 4   Automatic Emergency Braking Market, By Brake

4.1    Global automatic emergency braking market share by brake, 2017 & 2024

4.2    Disc

4.2.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

4.2.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

4.3    Drum

4.3.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

4.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

Chapter 5   Automatic Emergency Braking Market, By Vehicle

5.1    Global automatic emergency braking market share by vehicle, 2017 & 2024

5.2    ICE

5.2.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

5.2.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

5.2.3   Passenger cars

5.2.3.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

5.2.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

5.2.4   LCV

5.2.4.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

5.2.4.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

5.2.5   HCV

5.2.5.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

5.2.5.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

5.3    Electric & hybrid vehicle

5.3.1   Market estimates and forecast, 2013 – 2024, (Thousand Units) (USD Million)

5.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand Units) (USD Million)

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Network as a Service Market to Grow At 35% CAGR to Cross $50 Bn by 2025

One of the instances to demonstrate the growth of the Network as a Service market can be provided through the WAN as a service segment that is slated to garner nearly 30% of the NaaS market share by 2025. In traditional networking architectures, the hub of the network was built around a company’s building headquarters or a data center which housed most of the equipment for computing, storage, communications, and security. This location traditionally hosted enterprise applications and traffic is typically backhauled to this location in case of people in branch and other remote locations.

This formula has recently started to fail the needs of many enterprises today, especially due to the major migration to the cloud. The demand for cloud network services has also began to increase due to its networking cost reduction capabilities. Enterprises are also coming to prefer WAN infrastructure to connect remote employees & devices and Network as a Service market is capitalizing such a shift, as enterprises are showing increased preference for NaaS offerings that help in minimizing costs associated with WAN networks management. NaaS models also eliminate the need of network rearchitecting and enable a subscription-based pricing model for enterprises.

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The Network as a Service market has garnered some of its most loyal customers among the small and medium enterprises as NaaS allows companies to buy into infrastructure services and solutions, they could hardly afford to buy outright but can now pay a subscription to avail as needed. NaaS market through SMEs is expected to record a significant CAGR of 35% over 2019-2025. This is because NaaS not only provides the bandwidth, flexibility and technology besides 24-7 support and on-call expertise that SMEs desperately need, but also saves such small and medium sized enterprises from the crippling one-off CAPEX cost, swapping it with the predictable monthly OPEX bill.

Network as a Service market (NaaS) outlook is slated to demonstrate considerable transformation over the forecast years due to the rising demand for latest cloud-based services and integration of new technologies into business networks. Reportedly, enterprises had estimated in 2018 that they would invest on an average $3.5 million on clouds apps, platforms, and services in the year, suggesting the massive need for network products. NaaS has evolved to a new level with the proliferation of communication technologies and innovative cloud applications, driving the expansion of network as a service industry trends.

In order to keep pace with the competitive pressure of a rapidly changing network environment, service providers need to innovate promptly. Network services are not only providing business opportunity to IT & telecom segment but also encouraging customers to make the best possible use of the provider’s primary services. With rapid advancements in NaaS network services, businesses can easily eliminate all the hassle of maintaining and managing the network themselves.

In terms of the regional landscape, Asia Pacific Network as a Service market is expected to register a CAGR of over 40% from 2019 to 2025. Growing preference for cloud services and the need to lower operational costs can be accredited to the massive shift in business priorities. Subsequently, IT & telecom companies are opting for high-quality managed and security services to raise their business proficiency. Network as a Service market in the region could reach a commendable presence across the tremendously large small and medium sized business environment in APAC.

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IT & telecom sector is seemingly a prime target for advanced and innovative strategies for improving network services, that would provide them with agility, flexibility, and facilitate efficient expansion with new application workloads.

Table of Contents (ToC) of the report:

Chapter 5.   Network as a Service Market, By Type

5.1.  Key trends, by type

5.2.  LAN as a service

5.2.1. Market estimates and forecast, 2014 – 2025

5.3.  WAN as a service

5.3.1. Market estimates and forecast, 2014 – 2025

5.4.  Bandwidth on Demand (BoD)

5.4.1. Market estimates and forecast, 2014 – 2025

5.5.  VPN as a service

5.5.1. Market estimates and forecast, 2014 – 2025

5.6.  Managed services

5.6.1. Market estimates and forecast, 2014 – 2025

Chapter 6.   Network as a Service Market, By Enterprise Size

6.1.  Key trends, by enterprise size

6.2.  Large enterprises

6.2.1. Market estimates and forecast, 2014 – 2025

6.3.  Small and Medium Enterprises (SMEs)

6.3.1. Market estimates and forecast, 2014 – 2025

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Micro Data Center Market Outlook to 2025 | Global Industry to Witness Steady Growth of 25% CAGR

Recent breakthroughs in technology have extended the growth scope of micro data center market, given that they provide users a flexible option for data collection, processing, storage, and assessment. The advent of data centers has shifted the focus of IT industry on the optimum utilization of floor space. Moreover, the rising adoption of edge computing is adding impetus to this business space. Indubitably, edge computing is set for a major leap in the future. According to estimates, companies are currently generating almost 10% of their data outside a conventional data center or cloud, which is estimated to increase to 75% in the coming years.

This escalation in demand can be credited to the increasing data processing needs arising from digital devices deployed across a slew of industries such as healthcare, manufacturing, retail, energy, and finance among others. The rising need for seamless data management will propel the demand for edge computing, thereby boosting the installation of micro data centers at edge locations and enhancing micro data center market share.

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North America micro data center market will grow significantly over 2019-2025 driven by robust urbanization and digitization trends. The presence of major multinational companies planning on expanding their operational capacities in the U.S. will drive the North America industry. Most huge enterprises in the U.S. require efficient IT infrastructure for business management. The rising need of huge companies and SMBs for portable solutions will fuel the regional micro data center industry share.

The North America micro data centers market size to register a CAGR of more than 23% over 2019-2025. The growth is driven by the launch of various micro facilities by important technology giants such as Schneider and IBM Corporation. The expansion of data center infrastructure market in the region will also propel North America micro data center market share.

Prominent industry giants are consistently making investments in portable data center solutions to cater to rising demand from hospitals, IT companies, telecom firms, banking establishments, etc. For example, in March 2019, Schneider Electric had declared the launch of new solutions for micro data centers which combine APC by Schneider’s physical infrastructure with Cisco’s HyperFlex Edge that delivers efficient, fast deployment in edge environments.

Cisco and Schneider Electric’s latest partnership on micro data centers will provide system integrators and IT global channel partners the access to new reference designs for deploying the HyperFlex Edge that can be suitably customized for particular micro data center needs. The rising demand for pre-integrated, physically secure, and remotely monitorable containerized data center solutions and increasing efforts by industry players to provide these services will drive the global micro data center market size.

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It is speculated that almost 70% of micro, small, and medium-sized businesses in developing markets are devoid of favorable credit facilities. Therefore, most of these companies are dependent on IT infrastructure with minimum installation, operational, and maintenance costs in order to reduce their overall capital expenditure. Having said that portable IT facilities like micro data centers are often the ideal solution for SMEs to cut costs without having to compromise on productivity. Additionally, the robust initiatives by the government, especially in developing nations like India and China, to increase the penetration of technology in the business sector will further accelerate micro data center market share.

Some of the other players defining the competitive landscape of micro data center include Advanced Facilities, Inc., Zellabox, Schneider Electric SE, Attom Technology, Eaton Corporation PLC, Panduit Corporation, Delta Power Solutions, Canovate Group, Dataracks, Hewlett-Packard Enterprise Company, STULZ GmbH, Huawei Technologies Co., Ltd., IBM Corporation, Dell Inc., and Vertiv Co.

Table of Contents (ToC) of the report:

Chapter 4. Micro Data Center Market, By Component

4.1. Key trends by component

4.2. Solution

4.2.1. Market estimates and forecast, 2015 – 2025

4.2.2. Power

4.2.2.1. Market estimates and forecast, 2015 – 2025

4.2.3. Networking

4.2.3.1. Market estimates and forecast, 2015 – 2025

4.2.4. Cooling

4.2.4.1. Market estimates and forecast, 2015 – 2025

4.2.5. Rack & enclosure

4.2.5.1. Market estimates and forecast, 2015 – 2025

4.2.5.2. Upto 24U

4.2.5.2.1. Market estimates and forecast, 2015 – 2025

4.2.5.3. 24U to 40U

4.2.5.3.1. Market estimates and forecast, 2015 – 2025

4.2.5.4. Above 40U

4.2.5.4.1. Market estimates and forecast, 2015 – 2025

4.2.6. DCIM

4.2.6.1. Market estimates and forecast, 2015 – 2025

4.3. Service

4.3.1. Market estimates and forecast, 2015 – 2025

4.3.2. Installation & integration

4.3.2.1. Market estimates and forecast, 2015 – 2025

4.3.3. Maintenance & support

4.3.3.1. Market estimates and forecast, 2015 – 2025

4.3.4. Consulting

4.3.4.1. Market estimates and forecast, 2015 – 2025

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Automotive NFC Market – 32% CAGR for North America Region by 2025

Reports cite that the North America automotive NFC market will record a CAGR of over 32% over 2019-2025. With the presence of EV maker like Tesla, the region’s electric vehicle market has been incorporating advanced smart driving features into automobiles, which has generated a wave of opportunities in the integration of NFC solutions. In the U.S., fully electric car sales are reportedly increased by around 47% in 2017, with Tesla’s Model 3 Sedan leading the sales.

The automotive NFC market growth is also attributed to the rising number of electric vehicle (EV) sales across emerging economies. Reportedly, federal policies and regulations aiming towards curbing global carbon footprint have led automakers to develop electric vehicles which seemingly offer more enhanced vehicular features compared to traditional petrol and diesel vehicles. The trend is mainly registered across countries of North America and Europe where EV sales have skyrocketed in the past couple of years.

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Moreover, deployment of supercharging networks across city centers has opened new opportunities for integration of NFC technology lately. For instance, U.S. EV infrastructure firm ChargePoint has recently announced a new feature that allows EV owners to initiate charging using their NFC enabled smartphone. The feature, to be made available across 40,000 charging spots across North America, will be compatible with Android, iPhone, or Apple watch devices and is anticipated to reduce charging duration, advancements that will augment automotive NFC market reach across the region.

NFC technology in automotive sector offers intuitive interactions between humans and vehicles to fulfil the specific needs of drivers and enhancing driving experience. The major players in electronics and semiconductor sector are striving to come up with innovative ideas which can perform desirable tasks to satisfy certain demands of customers and increase remuneration of automotive NFC market.

Recently, one of the leading industry players, STMicroelectronics, made it to headlines as it presented automotive solutions for smart driving at the 11th edition of the Automotive World show in Tokyo, Japan. The company exhibited the leading-edge NFC technology in automobiles which can accelerate electrification and digitalization in autonomous driving, advanced driver assistance systems (ADAS), and power control for electric and hybrid electric vehicles. The solutions include Power Architecture®’s 32-bit microcontroller, SiC power MOSFET, acceleration sensors enabling road-noise cancellation, EEPROM and several others.

Interior application of NFC contributed to 71% revenue share of automotive NFC market in 2018. The interior segment includes features like vehicle engine access, infotainment system, air-conditioning, and ADAS (Advanced driver-assistance systems) communication which primarily use NFC technology and are increasingly found in today’s low to high-end vehicles. The ability to simplify the pairing process is the primary factor driving NFC usage in the automotive sector.

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For instance, consumers using NFC can unlock their vehicles and configure it according to their preferences using their smartphone while in close proximity to the vehicle. Additionally, an NFC enabled smartphone can receive diagnostic data such as vehicle service record, fuel consumption and mileage which can be viewed by the users. Moreover, using GPS, a vehicle’s location coordinates can be displayed on user’s phone via NFC, enabling easy vehicle access particularly in crowded areas or large parking lots.

With increasing modernization, the interiors of cars are also being installed with cutting-edge technologies. The interior application held more than 71 percent revenue share in the automotive NFC market in the year 2018. The strategies of some companies to progress in the technological domain is likely to contribute in augmenting the automotive NFC industry share in upcoming years.

Table of Contents (ToC) of the report:

Chapter 6 Automotive NFC Market, By Vehicle Type

6.1 Key trends, by vehicle type

6.2 Low-end

6.2.1 Market estimates and forecast, 2015-2025

6.3 Mid-range

6.3.1 Market estimates and forecast, 2015-2025

6.4 High-end

6.4.1 Market estimates and forecast, 2015-2025

Chapter 7 Automotive NFC Market, By Application

7.1 Key trends, by application

7.2 Interior

7.2.1 Market estimates and forecast, 2015-2025

7.3 Exterior

7.3.1 Market estimates and forecast, 2015-2025

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Over-the-Counter Drugs Market Global Analysis, Share and Forecast 2019 – 2025

Over-the-Counter Drugs Market

Over-the-Counter (OTC) Drugs Market will reach over USD 185 billion by 2025; as per a new research report.

Growing elderly population base, highly prone to suffer from several ailments such as joint pain will drive the demand of OTC drugs. Rising awareness about numerous diseases and accessibility of non-prescription for the same will continue to aid self-medication trend during the projection years. Expanding shift by pharmaceutical companies from Rx to OTC owing to favorable regulations will drive market growth. Moreover, increasing patent expiration will further motivate pharmaceutical companies to switch from Rx to OTC.

Growing trend of self-medication in developing economies and increasing dependency on internet to gain more information will further provoke self-treatment tendency among people over the forecast period.

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Over-the-counter market growth is likely to be hindered by concerns pertaining to substance abuse and incorrect diagnosis. Moreover, drug abuse leading to various health problems such as heart problems, memory loss, kidney failure should impede market growth during the forecast timeline.

Minerals and vitamins business dominated the industry in 2018 by accounting for over 28.5% of market share, owing to increasing trends towards using vitamins and minerals for improved health. Easy access to multivitamins and minerals, along with increasing usage of vitamin D will propel the business size during the forecast timeframe.

Across the globe, ophthalmic OTC drugs market will witness 6.0% CAGR in future because of demand arising from growing needs of elderly population vulnerable to eye related diseases.

U.S. over-the-counter drugs market recorded to be the largest in 2016 and will grow at substantial rate owing to presence of huge geriatric patient pool, rising number of people suffering from chronic diseases associated pains and growing obesity among individuals.

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Germany over-the-counter drugs market held over 18% market share of European industry in 2018 due to intensifying push towards licensing of over-the-counter medicines for treating chronic conditions. Also, increasing measures to improve health, wellbeing, fitness and willingness to invest in self-medication will augment industry growth.

Large baby boomer’s population, escalating awareness and self-medication trend will support growth of the otherwise descending Japanese OTC drugs market during the projection years.

Growing demand for non-prescription drugs and high life expectancy coupled with healthcare infrastructure advancements will drive Australian market during the forecast period.

Some of the notable industry players are Bayer Corporation, GlaxoSmithKline, Sanofi, Johnson & Johnson, Pfizer, Sun Pharmaceutical Industries, Novartis, Cipla, Teva Pharmaceutical Industries, Dr. Reddy’s Laboratories and Glenmark Pharmaceuticals.

Major industry players are increasing their focus on research activities for new product development. They are also emphasizing on acquisition and geographical expansion to enhance their position in over-the-counter market.

Medical X-ray Market 2019 Future Trends, Dynamic Growth & Forecast To 2025

Medical X-ray Market

Medical X-ray Market will exceed USD 16.5 billion by 2025; as per a new research report. Technological advancements in radiography leading to development of novel products will augment medical X-ray market growth over the forecast period. Advances in detector based digital radiography in X-ray that use various types of flat panel detectors and x-ray source for producing high quality radiographs will favor the industry growth. Detectors are lightweight, compact and available in portable versions as well thus such factors will boost business growth. Advancements in detector technology have been the hallmark of digital radiography systems. For instance, Philips developed UNIQUE 2, a digital radiography system that provides customizable and flexible imaging solutions thereby, development of innovative techniques in medical X-ray systems will foster the business growth.

Increasing reimbursement policies for medical X-ray will increase the demand for X-ray. Government policies such as Medicare systems are expected to decrease payments for examination done using analog X-ray systems. Such favorable policies will surge the number of people opting for X-ray diagnosis thereby, driving industry growth. Moreover, GE Healthcare support for appropriate patient access to medical imaging services as well as reduction in cost of medical imaging services will increase its demand over the coming years. However, risk of harmful X-ray radiations may negatively impact industry growth during the analysis period.

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Analog systems segment is anticipated to witness significant CAGR of over 4.5% over the forecast timeline. Cost effectiveness of analog systems in comparison to technologically advanced digital systems has increased its adoption especially in the middle and lower income countries. Moreover, reimbursement offered by Medicare for X-rays performed using these systems will increase patient preference towards analog systems thus, favoring segmental growth.

Detector segment accounted for over 30% of revenue share in 2018 and is expected to witness significant CAGR during the analysis timeframe. Flat-panel detectors are increasingly entering the market as they are well established in the field of cardiologic angiography, mammography radiography. Additionally, flat-panel detectors are ready for market introduction in fluoroscopy and general angiography. Rising demand for such advanced detectors with improved quality check standards will spur the revenue size.

Computed radiography of technology segment accounted for more than USD 5 billion in 2018. Segment growth is attributed to emergence of novel digital imaging modalities and introduction of new equipment by various industry players. For instance, Vita LE CR System offered by Jones X-Ray, Inc., is relatively light weight and designed explicitly for small space environments. Moreover, Konica Minolta, Inc. offers variety of CR models such as REGIUS MODEL 370, REGIUS MODEL 210 and REGIUS MODEL 190. Therefore, introduction of innovative products will increase the product demand thus, bolstering the business growth.

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Fixed X-ray systems segment held around 55% revenue share in 2018 owing to increasing government investments for installation of advanced diagnostic equipment. Fixed plate X-rays are extremely common diagnostic systems. Mammograms and dental x-rays are the examples of fixed x-ray systems. The fixed X-ray systems are designed to address imaging needs in all clinical settings and have application in various clinical conditions. Such factors will augment segmental growth over the forecast period.

Dental application segment was valued more than USD 1.4 billion in 2018. Increasing prevalence of dental diseases such as periodontitis, gingival disease, dental caries and plaque will surge the demand for dental X-rays. Availability of advanced technologies to detect these diseases along with effective measures undertaken by organizations to resolve dental problems are major factors stimulating dental X-ray market growth.

Hospitals segment is poised to exceed USD 7 billion by 2025. Hospitals are becoming more amenable to new and technologically advanced products over the recent years. Procedures done using high-end mobile C-arm X-ray equipment, requiring flat panel technology, leads to improved diagnostic efficiency and increased patient output. Furthermore, presence of well-developed infrastructure and skilled personnel in hospital settings will drive the segmental growth.

North America medical X-ray market will experience more than 5% CAGR during the analysis period. Technological innovations, availability of venture capital, increasing healthcare spending and rising government funding will drive medical X-ray industry growth over the forecast period. Moreover, increasing private and public investment particularly in the field of healthcare, focus of industry players on expanding and fostering innovative potential will further augment regional industry growth.

Some of the prominent industry players in medical X-ray market are Agfa Healthcare, Carestream Health, Canon, Dentsply Sirona, GE Healthcare, Fujifilm Medical Systems, Hologic, Hitachi Medical, Konica Minolta, Philips Healthcare, Midmark and PerkinElmer. These prominent business players are focusing on strategic alliance, new product launch and collaborations to strengthen their market position. For instance, in November 2017, Neusoft Medical Systems launched NeuViz Prime. The product offers superior diagnostic images with numerous inbuilt features such as 0.259 second rotation speed. Moreover, technological advances will favor industry growth.

Home Infusion Therapy Market Comprehensive Analysis, Growth Forecast from 2019 to 2025

Home Infusion Therapy Market

Home Infusion Therapy Market is expected to exceed USD 31 billion by 2025. Technological advancements coupled with increasing demand for home infusion therapy will positively drive the market growth.

Some major findings of the home infusion therapy market report include:

  • The demand for home infusion therapy is increasing across the globe due rising elderly population that are more prone to chronic diseases.
  • Rising prevalence of hospital acquired infections caused by viral, bacterial and fungal pathogens due to breaches of infection control practices and procedures will stimulate industry growth.

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  • Presence of home healthcare facilities such as home health care agencies, hospice and home care aid organizations as an alternative to hospitals and clinics will fuel industry growth.
  • Increasing prevalence of chronic diseases such as cancer, diabetes and cardiovascular disorders will majorly impact the home infusion therapy market growth across the forecast timeframe.

Rising prevalence of hospital acquired infections caused by viral, bacterial and fungal pathogens due to breaches of infection control practices and procedures will stimulate the home infusion therapy market growth. Immunocompromised patients, elderly and children are more prone to suffer from hospital acquired infections. Increasing number of hospitalizations has further boosted hospital acquired infections incidence resulting in higher demand for home infusion therapy.

Technological advancements such as development of smart infusion pumps and other therapy devices will boost the home infusion therapy market. Smart infusion pumps have dose error reduction software that enables identification of drug dosages and presents a warning on the user interface screen alerting the clinicians. Hence, such technological innovations will positively drive home infusion therapy market growth across the projected timeframe.

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Limited reimbursement scenario related to home infusion therapies will act as a major growth restricting factor. Although Medicare provides reimbursement for home infused therapies, but it offers limited coverage for home infused drugs. Moreover, some drugs are covered only when delivered through infusion pumps, thus limiting market growth.

Infusion pumps segment will reach USD 15.7 billion by 2025. Infusion pumps deliver fluids that include nutrients as per prescribed medications, in patient’s body through controlled amounts. They are extensively used in medical settings such as, hospitals, homecare, and nursing homes. Associated advantages such as capability to deliver fluids in very minor volumes and exactly at automated intervals or programmed rates will positively boost product demand, thus propelling industry growth.

Parenteral nutrition segment is estimated to witness significant growth rate of 10.3% during the projected period. High growth is attributable to significant growth of home healthcare among developed regions of North America and Europe. Moreover, rising geriatric population base across the world that are more prone to chronic disorders have difficulty in taking nutrition via oral route. Therefore, increasing rate of elderly population coupled with rising demand for home healthcare will foster segmental growth.

North America home infusion therapy market held the majority market share of 44.5%, owing to rising prevalence of chronic diseases coupled with increasing number of hospital acquired infections (HAI’s). According to the Centre for Disease Control and Prevention (CDC) in July 2015, around 648,000 individuals in the U.S. acquired infections due to hospital stay. Furthermore, growing infusion therapy providers along with increasing demand for home infusion therapy are the factors propelling industry growth in North America.

The home infusion therapy market is consolidated in nature. High capital investments associated with home infusion therapies will prevent new players from entering the market. CareFusion, ICU Medical, B. Braun, Fresenius Kabi, Baxter, Smiths Medical, Caesarea Medical Electronics, and Terumo are few of the industry players operating in the home infusion therapy market. These companies are investing in the research and development of novel and effective solutions for infusion therapy. Also, the companies are focused on strategic collaborations, acquisition and new product launch to gain major revenue share and strengthen their market position. For instance, in April 2018, Smiths Medical announced the launch of CADD-Solis wireless infusion pump. This new product launch enabled the company to strengthen its product portfolio, thus augmenting its revenue growth.

Precision Medicine Market 2020 Global Analysis, Opportunities And Forecast To 2026

Precision Medicine Market

Technological advancements and scientific breakthroughs have propelled the assessment of pathogenesis and fostered precision medicine industry. Precision medicine has become instrumental in alleviating suffering pertaining to medical care, owing to unintended side effects resulting from one-size-fits-all approach.

Rapid transformation towards precision medicine is also believed to reduce the cost of treatment by doing away with inapt treatment plans. Precision medicine has become pivotal in leveraging doctors to select treatments based on a genetic understanding of the patient’s disease and creating a personalized treatment plan.

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Genetic laboratory industry is believed to be using processing power, data, science and operators to enhance the results for costly and debilitating diseases. In terms of technology, big data is touted to set the trend in precision medicine market as the technology enables more precision and tailoring compared to linking diverse data sets to showcase casual pathways. Dependence of precision medicine on big data has propelled the biomedical research.

Stakeholders have shown increased traction towards big data analytics for it complements clinical care and streamlines public health surveillance. Notably, big data has the ability to track and predict major outbreaks to boost public healthcare resources and disseminate healthcare message to patients using social media.

Profound deployment of sensing technologies has fared well for big data analytics. With soaring trend for implantable and wearing sensing has been in line with the increased bandwidth and improved microelectronics.

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With the wealth of information to different disease, big data revolution has offered an opportunity to embrace AI and machine learning algorithms in the massive data set. Global Market Insights, Inc., predicts big data analytics market share to have been registered at 12% in 2019, citing influx of complex of data generating in healthcare sector.

Recent advancements in technology indicate that stakeholders are increasingly using precision medicine in oncology. With neurological disorders being one of the leading causes of morbidity and disability globally, precision medicine has grown in significance. The disorder is expected to grow on the heels of increased life expectancy and population growth leading to economic burden and health issues.

Oncology has opened avenues for precision medicines as central nervous system (CNS) market share in 2019 was pegged at over 24%, mainly attributed to soaring prevalence of CNS disorders globally.

Use of precision medicine in healthcare IT companies will become more noticeable in the next five years owing to soaring demand for technologically advanced equipment for analysis, rapid integration and storage of patient data. In bid to push to the capabilities in data analysis, data acquisition, and analytics-based decision making, established technology players and startups are adopting precision medicine.

Several healthcare IT companies are offering operation and software tools for healthcare systems to adopt personalized medicine. Healthcare IT companies segment was pegged at around US$ 16 bn in 2019.

With the time ideal for disruption through strategic business model owing to changing healthcare dynamics, stakeholders are increasingly inclined towards infusing investment in MEA. Leading companies believe MEA to emerge as a prominent growth ground for the industry.

While massive data has been captured for advanced economies, dearth of data in African countries and most of the Gulf countries has signified the importance of precision medicine. Further, burgeoning population has also been one of the factors fueling growth in the region. MEA market was pegged at over USD 3.0 billion in 2019 and is estimated to expand at a CAGR of more than 10.0% during the forecast period.

Magnetic Resonance Imaging Systems Market Size, Share 2019: Global Industry Current Trends, Top Companies, Application, Growth Factors, Development and Forecast to 2025 Research Report

Magnetic Resonance Imaging Systems Market

Magnetic Resonance Imaging (MRI) Systems Market will exceed USD 8 billion by 2025; as per a new research report. Increasing prevalence of chronic diseases will positively influence the magnetic resonance market growth. According to National Health Council, every year 40 million Americans suffer from at least one chronic condition. Diseases such as cancer and diabetes create complications as well as hindrance in daily activities. Therefore, to avoid this scenario, people prefer getting diagnosed at early stages that will raise the demand for MRI systems thereby, fostering the industry growth.

Growing number of road accidents will elevate the demand for MRI systems for accurate diagnosis stimulating the industry growth. Number of accident cases is specifically high in emerging economies such as India and Africa. According to wheels24, in 2017 around 14,050 people died due to road accidents in South Africa alone. Globally millions of people die due to accidents and trauma. This scenario proves beneficial for the magnetic resonance imaging market growth as it the demand for accurate diagnosis. However, high cost of MRI systems will restrain the industry growth to certain extent.

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Open systems segment of magnetic resonance imaging systems market will witness 5% growth throughout the analysis timeframe. Open systems are less enclosed and reduce the amount of anxiety and claustrophobia amongst patients. Moreover, recently developed MRI systems can be tilted and deliver scans in standing positions. This feature is beneficial in diagnosing certain complicated conditions enhancing patient’s comfort. Above mentioned factors will escalate the segmental growth.

Low to Medium (<1.5T) segment was valued around USD 168 million in 2018. Considerable segmental revenue can be attributed to the benefits delivered by low to medium (<1.5T) MRI systems. In some developed economies, hospitals still prefer 1.5T shot-bore MRI scanners as a standard technology. Low to medium MRI systems provide superior quality images of abdomen and chest. Besides, these scanners are easily available, and their replacement parts are not expensive that positively impacts the segmental growth.

Hospital segment was valued over 3 billion in 2018. Increasing number of patients suffering from soft tissue injuries, damaged spinal cord and protrusion of the discs prefer getting diagnosed at hospitals adopting advanced MRI systems. Additionally, public hospitals receive funds from government that ensures availability of advanced medical devices. Above mentioned factors should augment the business growth.

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China magnetic resonance imaging systems market accounted for 56% revenue share in the Asia Pacific region. Favorable demographic trends coupled such as increasing elderly population base will prove beneficial for the regional growth. Elderly population is susceptible to chronic bone disorders such as arthritis and osteoporosis that will increase the demand for MRI systems. Furthermore, favorable regulatory scenario for MRI systems will positively influence the country growth. New players willing to enter the MRI systems market have ample growth opportunities in China due to positive regulatory scenario that lowers the market entry barriers.

Industry players operational in the MRI market are Hitachi, Toshiba and Siemens, Koninklijke Philips N.V. and GE Healthcare. These industry players follow different strategies such as collaborations and new product launch, partnerships for improving their market position. For instance, in November 2016, Hitachi entered an agreement with Ningbo Jansen NMR Technology to collaboratively develop a high-performance MRI magnet. This agreement will expand the Hitachi’s MRI business.

Battery Packaging Material Market to witness appreciable growth through 2026

Battery packaging materials have been playing an invaluable role in the battery manufacturing process. Even though demand is fueled by automotive sector, cell phones and portable computers, applications such as electric vehicles (EVs), are also gaining traction.

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Of late, there has been demand for low-emission and emission-free energy sources, including renewables. Notably, popularity of Li-ion batteries has surged for portable devices, EVs and other electronic applications given that they have high energy density, high voltage, and light weight.

Trends boosting the industry growth

Industry players have exhibited profound traction towards lithium batteries which have become the top-notch energy source to bolster a range of consumer goods, including cars, EVs, and mobile phones.

Drawing on the potency of lithium batteries, packaging designs and the combination in battery packs and modules are being offered in massive quantities.

With millions of EVs already on the road, the desire to decrease the repercussions linked with the use of internal combustion engines fueled transportation and the trend to reduce carbon emissions has surged in recent years.

Factors such as high voltage, high energy density, low self-discharge rate, long life cycle have brought a paradigm shift in EV industry and revolutionized battery packaging material market.

Growth drivers

With energy production and transportation being two major industries, which need to reduce emissions, and growth observed in battery storage and EV, battery packaging material market is likely to witness a robust expansion. As such, development witnessed in automotive sector is likely to instill confidence among stakeholders.

Companies globally demand production of electric vehicles, thereby signifying the importance of shipping and packaging batteries for safety. Implementation of rigorous regulations by watch dogs such as IATA has furthered the relevance of battery packaging.

As companies strive to ward off damage and safeguard batteries against short circuits and movement during transport, developing compliant packaging is likely to boost industry growth.

Opportunities galore

Increased focus of the U.S. Department of Energy (DOE) on lithium-ion based electrochemical energy storage owing to the theoretical capacity and electrochemical potentials will augment its demand. Battery packaging materials have been leading to cost savings, on the heels of seal-strength properties, mechanical, and permeation properties. With the deployment of batteries to bolster an array of applications soaring by leaps and bounds, there are opportunities up for grabs for stakeholders.

It is anticipated that end-users are likely to be inclined towards PVC plastic as it has been perceived as an affordable material and offers tremendous solder and abrasion resistance.

APAC region is likely to be the happy hunting ground as electronics industry appears to thrive in countries such as India, China and Japan. Japan, along with developing Asian countries may offer unparalleled opportunities to stakeholders eyeing to expand their penetration.

Obstacles manufacturers are likely to surmount

There are speculations that lithium batteries may pose safety risk if not handled with transport regulations. Accordingly, IATA has introduced guidance for ground handlers, shippers, and freight forwarders for safe transport of the batteries. For instance, baggage installed with non-renewable batteries surpassing 0.3g lithium metal has been forbidden for carriage.

Increasing popularity of EVs and trend for the use of lithium batteries are likely to muster confidence among stakeholders. Global Market Insights, Inc., has projected battery packaging material market size to surpass $11.3 bn by 2026.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Plastic fillers market demand to grow across automotive and construction applications, forecast by 2026

Plastic, a material with unlimited potential, is virtually everywhere. From toys to water bottles and automotive parts, this versatile material finds application in almost every industry vertical. Plastic is made up of many other materials including plastic fasteners. Different types of plastic fillers are used to manufacturer plastic fasteners.

It has been predicted that plastic fillers market size will exceed US$14.5 billion by 2026, with surging demand across automotive and construction applications.

Fillers are usually added to reduce the cost of production. Plastic fillers cost significantly less than primary plastic materials, considerably minimizing overall cost. In addition, fillers can boost the strength and durability of plastics. On an average, plastic fillers, organic or inorganic, constitute up to 70% a plastic fastener.

Calcium carbonate to witness robust demand

Calcium carbonate, also known as limestone, is among the most popular plastic fillers. It represents more than half of the inorganic fillers used in the plastic industry. When used as an additive, calcium carbonate reduces the surface energy and offers opacity and surface gloss, improving overall surface finish. It also improves the density, tensile modulus, and impact strength in addition to reducing costs.

Seemingly, calcium carbonate fillers are among the most used materials in the construction sector. This can be associated with widespread use of plastic pipes, cables, panels, coverings, films, and sheets in building and construction. The versatility, durability, corrosion resistance, and excellent strength-to-weight ratio makes plastic an essential component in construction which will undeniably boost the demand for plastic fillers.

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Use of plastics in the automotive sector

The introduction of automotive plastics has transformed the way vehicles are made. Today, a large number of automotive components, from performance to aesthetics, includes some form of plastic. High-performance plastics, in particular, are playing a crucial role in automaking. Automotive plastics, being lightweight, make vehicles more fuel-efficient.

It is estimated that every 10% reduction in automobile weight can result into 5-7% lower fuel consumption. Mounting environmental and economic concerns have made the creation of more fuel-efficient vehicles a top priority for automakers.

The role of plastics in the design and manufacturing of automotive components has never been more prominent. Although the use of modern materials like carbon fiber and aluminum can enhance fuel-efficiency, the wise allocation of plastic materials can make a significant difference. High absorption characteristics of plastic allow automakers to meet stricter safety and environmental standards.

As automobile manufacturing evolves depending of various consumer trends and environmental factors, plastic fillers are expected to witness consistent rise in demand over the coming years. In addition, the use of engineering plastics could minimize the mass of automotive components as they offer a greater degree of design freedom compared to metals and alloys.

The presence of stringent regulatory framework pertaining the use of plastics might hamper plastic fillers industry growth up to certain extent. However, a significant consumption of plastics in automotive, construction, and manufacturing applications will foster industry outlook in the future. Qualities of plastics such as increased durability, light weight, cost-effectiveness, and design flexibility make them an ideal choice of material in these applications.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Hemoglobin Testing Devices Market Size | Industry Forecast Report To 2025

Hemoglobin Testing Devices Market

According to the study with title ‘Global Hemoglobin Testing Devices Market Research Report’, the global market has been evaluated thoroughly by the research analysts and contains comprehensive insights regarding the business sphere. The report encompasses information about the important factors that define the commercialization matrix of the global market.

The Hemoglobin Testing Devices Market is projected to expand from its present industry value of over $3.5 billion to more than $5 billion over the analysis timeframe 2019 – 2025.

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The key focus of the Hemoglobin Testing Devices Market report is to enlist important data and updates related to the market while also emphasizing on the numerous growth opportunities prevailing in the global market which will facilitate industry expansion at a healthy rate. Well-detailed overview of the market, alongside the in-depth knowledge about the market definitions have been entailed in the study.
Elucidating section of the report depicts information about the market dynamics. The abstract is inclusive of current industry defining trends, driving augmenting the market growth, various growth opportunities prevailing in the market as well as the growth hampering factors. Data on value chain analysis, in consort with existing pricing models is also given in the report. An in-dept analysis of historic graphs and estimations regarding the market growth over the forecast timeframe are also contained in the report.

The Hemoglobin Testing Devices Market report entails data about the anticipated CAGR to be encountered by the global industry over the analysis timeline. The study also enlists various technological advancements and product innovations which will drive the market expansion in the upcoming years.

Top Companies:
Abbott, ACON LABORATORIES, Bayer medical care, Biorad, Danaher, EKF Diagnostics, PTS Diagnostics, Roche Diagnostics, Siemens, Thermo Fisher Scientific

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Report Growth Drivers –
Rising prevalence of anemia across the globe
Growing demand for point-of-care hemoglobin testing
Increasing technological advancements to provide non-invasive testing methods

What is the gist of this report?
A comprehensive pricing analysis has been carried out with regards to product spectrum, application scope, and regional landscape
An in-depth documentation of the key market players and major companies to understand the competitive spectrum of the global market

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Extensive details about the regulatory framework impacting the industry, in tandem with rising investments by the major stakeholder of the global market
All-detailed estimation of the numerous factors aiding the overall industry expansion, along with their influence on the market dynamics and projection of the global market
An exhaustive abstract containing details about the various growth opportunities prevailing in the global market and recognition of important drivers
A detailed analysis of the varied trends that exist in the global market that would enable identification of the several developments.

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Ophthalmic Viscosurgical Devices Market | Size, Growth, Opportunity and Forecast to 2026

Ophthalmic Viscosurgical Devices Market

The Ophthalmic Viscosurgical Devices Market size was estimated at USD 0.4 billion in 2019 and is projected to surpass USD 1 billion by the year 2026.

During the period of 2020-2026, the Ophthalmic Viscosurgical Devices Market is anticipated to expand with a CAGR of 127%. The report contains detailed analysis of Business Competitors, Evolving Technology, Growth Rate, Industry Strategies, Key Companies, and Forecast till 2026. The study encompasses ample details regarding the important sectors of the market and their significance.

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Rising prevalence of ophthalmic diseases, as well as non-invasive surgery, will fuel ophthalmic viscosurgical devices (OVD) market size in the near future. Newer innovations in the industry have come up with ophthalmic viscosurgical devices that exhibit visco-adaptive features in order to avoid capsular breaks as well as provide total endothelial protection. This has made the cataract and the refractive procedures safe and easy.

The Lancet Global Health Journal reported that about 8.8 million Indians were testified to be blind in the year 2015 while over 47.7 million people had been suffering from vision impairment ranging from moderate to severe. This number indicates the significant potential for OVD adoption in developing countries.

Various industry players have been involved in the production and supply of these devices, including Bausch & Lomb, Precision Lens and Johnson & Johnson Surgical Vision, and Alcon. These companies have adopted several inorganic growth strategies to be able to maximize their opportunities as well as maintain their position in the industry. Global ophthalmic viscosurgical devices market size will be surpassing about USD 1 billion in value by 2026.

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Market Segmentation:
Know about Market growth in New Research and its Top growing factors by Key Companies like:
Alcon, Amring Pharmaceuticals, Bausch & Lomb Inc., Bohus BioTech AB, Carl Zeiss Meditec AG, CIMA Technology Inc., Johnson & Johnson Surgical Vision, Inc., Maxigen Biotech Inc., Precision Lens, Rayner Intraocular Lenses Limited

  • Increasing number of patients with AMD

The elderly population witnessing substantial occurrence of age-related macular degeneration (AMD) as well as glaucoma. This has resulted in an escalating adoption of cataract surgeries in developed as well as emerging economies, majorly contributing towards OVD demand.

For example, as per the National Eye Institute, it is estimated that people suffering from age-related macular degeneration will be doubling from about 2.07 million to 5.44 million by the year 2050. Patients across the world have increasingly been preferring minimal or non-invasive treatments, that include LASIK surgeries, bolstering ophthalmic viscosurgical devices industry trends in the near future.

  • Growing number of patients with diabetes

There has been a growing prevalence of patients suffering from diabetes as well as other ophthalmic diseases that has triggered the demand for OVDs. People with diabetes have been said to suffer higher risks for different types of ocular diseases.

Moreover, there have been increasing cases of patients with myopia that require surgeries using ophthalmic viscosurgical devices. As these and other similar disorders have been on a rise from the past few years, it has encouraged the production of technologically advanced devices.

As per the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), nearly 1 in every 3 diabetic patients who are of the aged 40 and above and have also been showing signs of diabetic retinopathy.

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  • Reimbursements for the surgeries in hospitals

The availability of a fully developed healthcare infrastructure as well as the use of advanced technological devices across various hospital facilities has helped boost the deployment of ophthalmic viscosurgical devices. The governments have taken a number of initiatives across both developed and developing countries in the world to reduce the cost of ophthalmic surgeries that are to be performed in the hospitals.

This has been accompanied by the favorable reimbursement policies provided by the hospitals and other healthcare payers, attracting major attention from patients. The hospital segment from ophthalmic viscosurgical devices market size had captured about 44% of the revenue share in the year 2019 and is expected to continue with consistent growth in the coming years.

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Mammalian Cell Line Development Market | Size, Share and Forecast To 2026

Mammalian Cell Line Development Market

The Mammalian Cell Line Development Market size was estimated at USD 4.2 billion in 2019 and is projected to surpass USD 9.8 billion by the year 2026.

During the period of 2020-2026, the Mammalian Cell Line Development Market is anticipated to expand with a CAGR of 12.5%. The report contains detailed analysis of Business Competitors, Evolving Technology, Growth Rate, Industry Strategies, Key Companies, and Forecast till 2026. The study encompasses ample details regarding the important sectors of the market and their significance.

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Increasing prevalence of chronic diseases fueling the demand for vaccines globally is poised to drive Mammalian Cell Line Development market outlook. The cell lines are used to retain stability of the formed tissues and to study biological processes. They are majorly used in the production of antibodies, vaccines, synthesis of biological components and artificial tissues.

Cell lines are experiencing greater adoption over primary cells on account of longer shelf life as well as easily manipulation and propagation. In addition, in cell culture media such as introduction of 3-dimensional cell culture has led to development of fast-growing and stable cell lines. Increasing investments directed towards R&D activities have led to large scale production of cancer cell lines for studying and developing effective biological therapies.

Report Growth Drivers –
Rise in production of vaccines globally
Increasing number of cancer incidences especially in developing countries such as India and China
Extended applications of biotechnology sector
Patent expiration of blockbuster biologics leading to innovations in the field
Escalating demand for monoclonal antibodies in U.S. and Europe
Technological advancements in Mammalian Cell Line Development

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Know about Market growth in New Research and its Top growing factors by Key Companies like
GE Healthcare, Thermo Fisher Scientific Inc., Lonza Group AG, Sigma-Aldrich Corporation (Merck), Cytovance Biologics, WuXi AppTec, American Type Culture Collection, Sartorius Stedim Biotech GmbH, Corning Inc., Selexis SA, Vista Biologicals Co., EuBiologics Co. Ltd., Paragon Bioservices, Cobra Biologics, Patheon, Samsung Biologics, NAEJA RGM Pharmaceuticals, GVK BIO, Progenitor Cell Therapy (PCT), Apath LLC, Cell for Cure, Epistem Holdings Plc, Catalent Inc., Bioceros, Abzena PLC, Promocell, Cyagen

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Moreover, growing focus of manufacturers in the industry on development of disease specific treatments will boost the adoption of the technology. Global Mammalian Cell Line Development market size is anticipated to surpass USD 9.8 billion in annual revenues by 2026. Below are some factors expected to impact the industry growth over the coming half a decade:

High prevalence of cancer worldwide

The number of cancer patients is rising to substantial levels across the globe. As per the American Cancer Society estimations, around 1.8 million new cancer cases are likely to be registered in the U.S. alone in 2020.

Also, the American Cancer Society approximates 606,520 cancer-related deaths of Americans by the end of 2020. Increasing prevalence of cancer as well as other chronic diseases has resulted in mounting demand for monoclonal antibodies, which will positively impact Mammalian Cell Line Development industry trends.

More Insightful Info@ https://www.prnewswire.com/news-releases/cell-line-development-market-to-hit-usd-9-8b-revenue-by-2026-global-market-insights-inc-301016742.html

Demand for cell line equipment

The growing usage of incubator and storage equipment for proper growth and storing of cell lines has resulted in surging demand for Mammalian Cell Line Development equipment. In 2019, cell line equipment segment accounted for 52% of the total revenues of Mammalian Cell Line Development market.

The rising demand for cell culture and novel therapeutics to cater to wide unmet medical needs will further fuel the adoption of storage equipment. Incubators are in high demand as they offer advanced features such as high temperature decontamination, temperature regulation, HEFA filters and solid copper components.

Application in tissue engineering

Expansive application scope of cell line in drug discovery, bioproduction, tissue engineering, research and toxicity testing will complement the overall healthcare business landscape. Tissue engineering is widely used in skin grafting and implantation of trachea, bladders and arteries. Surging demand for regenerative and personalized medicine may result in increased requirement of tissue engineering.

In 2019, tissue engineering segment contributed a substantial revenue share and is likely to record a notable growth rate of 13.5% over the analysis period. The growth can be attributed to mounting demand for bone marrow, stem cells and mesenchymal stem cells for organ/tissue production.

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Self-Monitoring Blood Glucose Devices Market@ https://www.prnewswire.com/news-releases/self-monitoring-blood-glucose-devices-market-to-hit-21-billion-by-2025-global-market-insights-inc-300896037.html

Expansive patient pool in APAC

Asia Pacific region harbors a large patient pool suffering from various infectious and chronic diseases due to lack of adequate healthcare facilities. However, various government and private organizations across the region have started investing in stem cell research on account of surging demand for regenerative medicine.

Favorable government policies have also been introduced in countries such as India and China for the improvements in healthcare infrastructure. Asia Pacific Mammalian Cell Line Development market share will exhibit growth of nearly 13% through 2026, owing to increasing adoption of Mammalian Cell Line Development technologies in biopharmaceutical companies for vaccine development.

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Medical Gas Equipment Market Size, Growth, Opportunity and Forecast to 2026

Medical Gas Equipment Market

The size of the overall Medical Gas Equipment Market was recorded at USD 5 billion in the year 2019 and is now projected to surpass around USD 8 billion by 2026.

The Medical Gas Equipment Market size, between the duration 2020- 2026, is anticipated to witness a CAGR of 7%.  The report displays an exceptionally exact assessment on the current scenario of this industry. All the significant details of the worldwide market have been outlined in the report in a detailed, orderly way. The review has been incorporated post compiling a nitty gritty examination of the driving components, the parameters that may obstruct the market development, coupled with the future possibilities of the business.

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Growing awareness pertaining to utilization of gas supply systems is poised to drive medical gas equipment market forecast, owing to the need for safe anesthetic practices, diagnosis or therapy in medical settings. Advanced medical gas equipment have considerably assisted healthcare professionals during laboratory tests, surgeries, diagnostic procedures and in emergency medical requirements.

Expanding geriatric population base, majorly across the emerging economies will also create a demand for medical gas during chronic disease management. Moreover, major manufacturers are developing cost effective equipment, which may bolster the product development in the coming years. Global medical gas equipment market size is forecast to surpass USD 8 billion by 2026.The types of medical gases that are used in healthcare organizations are nitrogen, oxygen, nitrous oxide, carbon dioxide and medical vacuum, among others. However, oxygen is one of the most widely used gases for respiratory therapies and life support. As the number of chronic disease cases such as blood pressure, diabetes, respiratory disorders and coronary heart diseases are increasing, requirement for medical gas equipment has also escalated.

Pressure regulators aid in reducing the pressure within cylinders to a level that can be easily and safely utilized in operating on patients in hospitals or other facilities. Regulators are expected to witness high demand as most of the specialty gases are delivered in cylinders compressed to high pressures. These equipment are critical for the safety as well as effectiveness of surgical operating systems. Moreover, there is a growing focus on technological advancement to develop high quality regulators.

Know about Market growth in New Research and its Top growing factors by Key Companies like
Air Liquide, Allied Healthcare Products Inc., Amico Corp., BeaconMedæs, Gentec Corp., Linde Gas, Matheson Tri-Gas Inc., Ohio Medical, Powerex, Praxair Inc.

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In 2019, hospitals dominated as the end-use segment due to the rise in surgical and diagnostic procedures that are being conducted at these facilities. Moreover, new clinical trials conducted in multi-specialty hospitals may provide ample opportunity to the patients to explore experimental therapies. Rising demand for respiratory treatments will lead to utilization of advanced medical equipment, boosting product demand from hospitals.

Over the last few decades, Europe has shown a high propensity for the adoption of technologically advanced products in medical facilities as well as high funding for advanced healthcare research. As advanced medical gas equipment systems aid in improving control and precision, offering better therapeutic results, the products are likely to experience immense demand from the region.

Europe medical gas equipment market is expected to grow at a considerable pace over the analysis period due to growing prevalence of respiratory disorders as well as presence of well-developed healthcare infrastructure across the region. In addition, rise in industry-hospital collaborations as well as favorable reimbursement policies across the European countries will favor regional medical gas equipment consumption.

Report Growth Drivers –
Increasing geriatric population
Growing demand for home healthcare and point of care diagnostics
Favorable initiatives undertaken by government organizations
Presence of untapped opportunities in emerging economies

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As per European Lung Foundation estimates, about 600 thousand people in Europe die annually due to respiratory diseases. Also, as per Health Europa, around 8.2% of the total deaths are a result of respiratory issues in the region. Presence of key industry players in Europe will also stimulate the upsurge in medical gas equipment manufacturing and sales.

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What’s driving the Coil Coatings Market Outlook? | By key players BASF SE, Akzo Nobel N.V., The Valspar Corporation., PPG Industries Inc., Beckers Group

Coil coating is a continuous, sophisticated and highly-automated industrial process used for coating metal coils. Pre-painted metal is virtually everywhere, on roads, bridges, pipes, industrial machinery, and countless other products. Global coil coatings market outlook will be propelled by extensive application in automotive, construction and electrical appliances over the coming years.

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Robust growth of automotive and construction sectors particularly in emerging economies will be the major factor driving future demand for metal coils and other essential components. Global Market Insights, Inc., estimates that global coil coatings market size will reach over US$4.5 billion by 2026.

Critical questions addressed by the report

* What are the key market drivers and restraints?
* What will be the market size until the end of the forecast period?
* Which segment is expected to take the lion’s share?
* Which region will lead the global coil coatings market in terms of growth?
* What will be the key strategies adopted by market leaders in future?
* What are the upcoming applications?
* How will the global coil coatings market develop in the mid to long term?
* Which policies and regulations will highly impact the global market?
* How will the competitive landscape change in the near future?
* What are the current and future opportunities in the global market?

Favorable impact of the booming automotive sector

The global automotive sector is undergoing a profound transformation. This can be majorly attributed to millennials and their growing preference to purchase their own vehicles. According to the International Organization of Motor Vehicle Manufacturers (OICA), total vehicle production jumped to more than 95 million vehicles in 2018, up from around 90 million in 2015.

These numbers are further expected to grow over the coming years on account of strong economic development, increasing purchasing powers of consumers globally and robust demand for electric vehicles.

Pre painted metal finds widespread use in various parts and components in both commercial as well as passenger vehicles. This includes doors, beams, windscreen, wiper blades, oil filters, instrument dials, and corrosion prevention to name a few.

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Recreational vehicles prominently used pre painted metal as the key material for construction of the body. Coil coatings serves as a cost-effective option for achieving a high-quality and reproducible finish in automobiles.

 

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Specialty pulp and paper chemicals market will grow at a CAGR of 4% from 2020 to 2024

Mounting demand for one-sided coated papers from various end-user industries is likely to drive global specialty pulp and paper chemicals market outlook. In 2015, the demand for one-sided specialty papers was recorded to be more than 4,000 kilo tons. Increasing demand for one-sided specialty papers is expected to carve out a lucrative path for specialty pulp and paper chemicals market growth.

The product is utilized for a broad array of applications in the packaging industry, such as labeling, envelopes, release liners, laminating, gift wrapping, thermal transfers, posters, among several others.

In addition, burgeoning demand for flexible packaging in the packaging industry may create massive scope for specialty pulp and paper chemicals industry growth over the coming year. Specialty pulp and paper chemicals market size is forecast to surpass USD 31 billion, with estimated gains at above 4% CAGR over 2016-2024.

Major questions addressed through this global research report:

  1. What are the demanding sectors for driving this global market?
  2. Which are the major key players and competitors?
  3. What will be the market size of the global market?
  4. Which are the recent advancements in the global market?
  5. What are the restraints, threats, and challenges in front of the market?
  6. What are the global opportunities in front of the market?
  7. How digital footprint helps to expand the business structure and economic outcomes?

 

Companies covered:

Kemira Oyj, Shell Chemicals, Ashland Inc., AkzoNobel N.V., Nalco Holding Company, Buckman Laboratories International, Inc., SNF Floerger, BASF SE, Evonik Industries AG, The Dow Chemical Company

Growth Drivers:              

  1. Growing demand for one-sided specialty (coated) papers
  2. Improved process efficiency due to Specialty Pulp and Paper Chemicals usage

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Wide range of application in the packaging industry to sustain market demand

Specialty pulp and paper chemicals are ideal for application in gift wraps, envelopes, posters, laminations, thermal transfers, and release liners. Increasing demand for labels and specialty flexible packaging materials is likely to change specialty pulp and paper chemicals industry trends over the analysis period. With rapid expansion of electronic commerce industry and growing ease of home delivery mechanisms, flexible packaging industry may witness high demand in the coming years.

Regionally, Asia Pacific region is estimated to be a major revenue pocket for specialty pulp and paper chemicals industry.  Asia Pacific market is poised to emerge as the fastest-growing regional market owing to expanding production capacities of various end user industries and impressive growth of the packaging industry. As per estimates, Asia Pacific specialty pulp and paper chemicals market is likely to reach USD 11.50 billion by the end of 2024.

Apart from Asia Pacific, Latin America is likely to emerge as a prominent specialty pulp and paper chemicals market.

Likewise, North America specialty pulp and paper chemicals market is set to reach USD 6 billion by the end of 2024. However, North America and Europe are likely to lose their market share to Latin America and Asia Pacific in the coming years on account of growing digitalization in these regions.

Regional Segment:

 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Main Features of the Global Specialty pulp and paper chemicals market Research Report:

 

-The report delivers the market valuation as well as the projected growth rate of the global Specialty pulp and paper chemicals market spanning all years till 2026.

-The report also describes the major drivers of worldwide Specialty pulp and paper chemicals market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of Organic Spice, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the Specialty pulp and paper chemicals market.

-The report provides detailed knowledge about the competitive scenario of the global Specialty pulp and paper chemicals market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global Specialty pulp and paper chemicals market.

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Powder Coatings Market demand continues to rise in automotive sectors

Powder Coatings Market

Powder coatings market share has experienced a veritable expansion over the years owing to the benefits associated with the products, including durability, superior- quality and enhanced efficiencies on virtually any type of material. Powder-coated surfaces are essentially more resistant to scratches, chipping, fading and wearing than any other finishes.

The product is derived from polymer resins, combined with curatives, leveling agents, pigments, flow modifiers, and other additives. Constant evolution and development in the automobile sector have driven the consumption of powder coatings substantially over the years, with the need to effectively treat the bare metals.

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The Powder coatings market trends will be driven by an increase in purchasing power. Te change in consumer lifestyle has supported the growth of automotive industry across developed and developing nations. According to data furnished by OICA, global automobile production in the year 2018 was recorded at over 95.6 billion and is likely to witness robust growth over the years.

Some of the important factors that complement the exponential growth of powder coatings market size include the enormous expansion of the oil and gas sector to meet the burgeoning demand from across the globe.

Stringent regulations set by the government and other recognized regulatory authorities to control VOC levels have steered the adoption of powder coatings across the globe. These materials carry several sustainability advantages over competing products such as anodizing or liquid PVDF paints. It has been estimated that global powder coatings market share is likely to surpass USD 17 billion by 2025. The rapid acceptance of these products is derived from the low VOC emission levels they entail.

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Consistent expansion of global powder coatings market share can be observed through the rise in research and innovations undertaken by leading market players such as BASF, AkzoNobel N.V., Axalta Coating System and Asian Paints among various others. Say for instance, in October 2019, Axalta reportedly acquired a manufacturing site in Turkey specifically to expand its production capabilities to provide faster, reliable and superior quality products to its customers.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Acrylonitrile Butadiene Styrene Market 2020 Growth analysis, trends and forecast to 2024

Acrylonitrile Butadiene Styrene Market

Global Acrylonitrile Butadiene Styrene Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Acrylonitrile Butadiene Styrene Market size was estimated at USD 22.3 billion in 2015 and is projected to surpass USD 38 billion by the year 2024.

Automotive applications are projected to register notable gains of 4% over the coming seven years. The ability of the product to reduce the vehicle weight and lower fuel emissions is expected to spur its demand. Strict legislations to reduce environmental pollution and enhance fuel efficiency in automobiles will further soar ABS market revenue. For instance, stringent rules in Europe and North America have forced the manufacturers to reduce the vehicle weight up to 440 kg, resulting in lowered carbon emissions along with an increase in fuel efficiency.

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Key business growth strategies such as mergers & acquisitions, joint ventures, and product innovations are expected to  strongly leverage ABS market development. For instance, INEOS Styrolution, a world leader in the styrenics sector, completed the purchase of K-Resin ® SBC business from Daelim and Chevron Phillips Chemical earlier this year after receiving all the necessary approvals from the regulatory authorities.

This acquisition deal will help the firm focus on raising the production of specialty styrenics products across the globe as per the consumer requirements and thus enhance its global presence. Business players make strategic collaborations or partnerships for developing high quality products with the help of technical knowhow, positively impacting the market trends.

Top Key players – 

  1. Chi Mei Corporation
  2. LG Chemicals
  3. INEOS Styrolution
  4. Kumho Petrochemical Company
  5. Formosa Plastic Company
  6. Styron
  7. Asahi Kasei
  8. Sabic
  9. China Petroleum & Chemical Corporation
  10. Elix Polymers
  11. BASF
  12. Rochling
  13. Toray
  14. Ampa Group
  15. Dow Chemicals
  16. Ravago Manufacturing Americas LLC
  17. Polyone
  18. Entec Polymers LLC
  19. RTP Engineering Plastics
  20. Bayer AG
  21. Techno Polymer Co. Ltd.
  22. Mitsui chemicals Inc

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Appliances sector, which accounted for 31% of the ABS market revenue in 2015, is expected to grow considerably over the years to come. Rising end-user expenditure on household appliances along with the product’s ability to retain the appliance structure at both high and low temperatures will favorably influence the growth. The household appliances sector is projected to hit USD 11.9 billion by 2020 and will support ABS industry expansion.

ABS market share in the construction sector is projected to experience a lucrative growth over the coming years, driven by high product utilization in fittings, plastic sheets, and pipes. High spending on the construction activities due to rise in the disposable income of the consumers along with government support for improving the infrastructure facility will further steer the income.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Conveying Equipment Market Growth Forecast 2020-2025 By Regional Manufacturers

The global Conveying Equipment market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The size of Conveying Equipment Market was registered at USD 45 billion in the year 2018 and is anticipated to cross USD 60 billion by 2025. Growth in the e-commerce industry and ongoing investments in expansion and development by leading retail players are being witnessed. For instance, in July 2019, Alibaba Group Holding Limited announced the expansion of its commercial platform to small businesses in the U.S., allowing them to sell goods through its website. With a rise in expansion strategies of e-commerce players the demand for advanced equipment for automating the sorting & transporting process of products in warehouses and distribution centers will increase.

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The Conveying Equipment Market is expected to register a CAGR of 3.5% during the period 2019 -2025.  This research report analyzed by means of Evolving Technology, Business Competitors, Industry Strategies, Key Companies, Growth rate, and Forecast until 2025. The report includes enough details that highlight the importance of the most significant sectors of market.

The increasing adoption of industrial automation in developing countries will positively impact the conveying equipment market growth. Several manufacturing industries are widely adopting these systems for bulk material handling and to reduce operational costs and goods processing cycle time. For instance, the food & beverage industry is using belt conveyors for the processing and packaging of food products. Moreover, the rising labor cost in countries including Australia, Brazil, and Canada, is forcing manufacturers to adopt automated equipment during production processes.

Unit handling will witness high adoption in the conveying equipment market. These conveying systems are primarily suitable for lighter loads of up to 75 pounds and are used to transport large and discrete items that can be handled independently. They are mainly used to monitor reduced batch size in applications where manual rotation or positioning of products is required. Unit conveyors provide reliable and safe handling of products in internal, external, normal, dusty, humid, and corrosive environments.

Market Growth Drivers:

  1. Strong global outlook on automotive production
  2. Growth in the global aviation industry
  3. Increasing demand for advanced conveyors in the U.S.
  4. Rising labor costs and inconvenience of employing a manual workforce in North America and Europe
  5. Ongoing industrialization and rise in demand for cost-efficient systems in Europe & Asia Pacific
  6. Growth in the Asia Pacific and MEA mining industry
  7. Development of manufacturing sector in South-East Asian countries
  8. Flourishing e-commerce industry in Asia Pacific & Latin America

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Durable manufacturing applications are expected to account for majority of the industry share owing to the increasing requirement of industrial machinery and computer equipment. Conveying equipment offers efficient retail, wholesale, and manufacturing distribution of durable goods including appliances, heating & cooling equipment, power tools, outdoor equipment, motors, and compressors or generators. These systems are resistant and durable, enabling the handling and transporting of goods in harsh conditions on a continuous basis.

The Asia Pacific conveying equipment market will witness high growth in the coming years owing to growth in manufacturing sectors in countries including China, India, South Korea, Indonesia, Malaysia, and Thailand. Several SMEs and large manufacturers are actively adopting advanced technologies to meet customer demands. Moreover, increasing government focus and rise in initiatives, such as Make in India, Industry 4.0, and Made in China, for development of the manufacturing sector are being witnessed. In China, the flourishing manufacturing sector and the efforts to automate all the systems by replacing human labor with machines are driving industry growth. High labor costs in China are compelling manufacturers to find alternative solutions to enhance throughput.

Top Industry Payers –

  • Beumer Group GmbH & Co.,
  • Caterpillar Inc.,
  • Daifuku Co. Ltd.,
  • Fenner Group Holdings Ltd.,
  • Fives Group,
  • Flexlink,
  • Intelligrated, Inc.,
  • Jungheinrich AG,
  • Kardex Group,
  • Kion Group AG,
  • KUKA AG,
  • Mecalux S.A.,
  • Murata Machinery, Ltd.,
  • Phoenix Conveyor Belt Systems,
  • Siemens AG,
  • SSI Schaefer Group,
  • Taikisha Global,
  • TGW Logistics Group GmbH,
  • Toyota Industries Corporation,
  • Viastore Systems, Inc.

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The key players operating in the conveying equipment market include: TGW Logistics Group GmbH, Phoenix Conveyor Belt Systems, SSI Schaefer Group, Murata Machinery, Ltd., Kardex Group, Toyota Industries Corporation, Jungheinrich AG, Kion Group AG, Viastore Systems, Inc, KUKA AG, and Fenner Group Holdings Ltd. These players are focusing on several product differentiation and pricing strategies to sustain in the highly competitive market. The growing demand for industry-specific applications is encouraging manufacturers to provide products integrated with advanced technology.

About DEC Research:

DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed ‘Table of Contents’ for reports being regularly published by GMI.

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Flooring Market To Generate USD 450 Bn Revenue During Forecast Period

The global flooring market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The Flooring Market is set to grow from its current market value of more than USD 280 billion to over USD 450 billion, as reported in the latest study. Proliferating residential and commercial construction operations in the emerging countries along with rising urbanization and industrialization across the globe are major drivers for flooring market growth. Increasing renovation & remodeling activities coupled with the shifting consumer inclination towards new interiors and floor designs will propel product share over the projected timeframe.

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High investments by industry players in construction sector to cope up with the consumer requirement will positively influence the industry expansion. Rising customer focus towards home decor along with improving lifestyles will escalate the product size. Government supportive norms and finance policies for new house construction and renovations will accentuate the volume growth over the forecast timeframe.

Industry players are undergoing strategic agreements to strengthen their distribution channels to enhance their customer base and revenue generation. For instance, in July 2018, DriTac Flooring Products, LLC announced contractual partnership with Introducing Interiors Ltd. The agreement will increase their supply network for eco-friendly adhesives, engineered floorings and ceramic tiles.

Regulatory authorities including the U.S. Consumer Product Safety Commission (CPSC), Environmental Working Group and the US environmental protection agency (EPA) enact laws and regulations regarding the manufacture of floors. The U.S. Consumer Product Safety Commission (CPSC) conduct multiple tests and procedure to examine the short and long-term effects of harmful emission released from floor manufacturing. EPA also provides guidelines for product use to improve the consumer safety.

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Seamless flooring segment will register considerable share in the flooring market owing to its installation in commercial sector including hospitals, hotels and retail stores. Increasing preference for floors with protective coverings to enhance the product reliability and durability will propel the segment penetration. Superior impact and abrasion resistance provided by seamless flooring will further accentuate the volume growth.

Residential segment is projected to witness substantial growth owing to the increasing constructions across the globe. Manufacturers focus on introductions of new product designs to engage customers in house remodeling. Rising consumer preferences for innovative and attractive flooring solutions will escalate the segment growth. Government authorities involve in strategic investments for residential constructions projects that will further support the product growth over the study timeframe.

Top Industry Players

  1. Amtico, Armstrong Floor,
  2. Congoleum,
  3. Forbo,
  4. Gerflor,
  5. Interface Inc,
  6.  IVC Group,
  7. Mannington Mills Inc,
  8. Mohawk Industries,
  9. Polyfor Ltd,
  10. Pergo,
  11. Shaw Floors,
  12. Tarkett,
  13. Beaulieu,
  14. Marazzi Group,
  15. Balta,
  16.  Flowcrete,
  17. Delconca,
  18.  Instarmac,
  19. Parador

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North America will register substantial growth in the flooring market owing to the rising urban population and home dwellers in the region. High requirement for upgradation of conventional infrastructures into new constructions with the use of advanced materials will escalate the industry size. Increasing government spending for the development of smart city projects will accentuate the industry size.

Key players in the flooring market include Mohawk Industries, Shaw Industries Group, Inc, Armstrong Flooring, Marazzi Group, Beaulieu, Mannington Mills and Tarkett. Other notable players include IVC Group, Gerflor, Polyfor, Interface Inc, Delconca and Flowcrete. Industry players are involved in strategic acquisition for increasing their business operations with new product portfolios and manufacturing facilities. For instance, May 2016, Shaw Industries Group, Inc. announced the acquisition of US Floors, Inc to enhance their positioning in resilient luxury vinyl tile and hard surface products.

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Hoist Sling Chains Assemblies Market to Register 10% CAGR by 2025

The global hoist sling chains assemblies market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

Hoist Sling Chains Assemblies Market share was valued at USD 4.2 million in the year 2017 and is projected to surpass a revenue of USD 8.9 million by the year 2025. Last decade observed a remarkable escalation in hoist sling chains assemblies demand. Sling chains will witness significant demand in future years for their key role in various industrial applications including assembly, positioning, staging, transportation, storage and warehousing.

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As per the projections presented by United Nations publication, the cities having 500,000 residents and more will rise by about 80% in Africa during the span 2016 – 2030. Robust pace of urbanization, subsequent housing and infrastructural requrements will hold significant potential for hoist lifting chains assemblies market in regional construction industry in coming years. The emerging markets for new shipbuilding and maintenance and repair projects, for instance, Saudi Arabia, South Korea, Brazil, South Africa will see strong demand lifting chains assemblies in the future years.

Chain slings are exceptionally durable as they resist impacts, abrasions, UV radiation, and chemicals and have been an innovative solution for the lifting industry. The oil & gas sector will contribute significantly to the lifting chains demand by 2025. Trends including: the rise in the foreign wages in China, market volatility risks, increasing transport costs will lead to the manufacturing regionalization and reshoring. With North American businesses preferring a nearshore or onshore model to an offshore model, demand for hoist sling chains assemblies will be encouraged during the forecast period.Know about Market growth in New Research and its Top growing factors by Key Companies like

Top Industry Players –

  • RUD Chain, Inc.,
  • Pewag, Inc.,
  • Gunnebo Industries AB,
  • THIELE,
  • D. Theile GmbH & Co. KG,
  • Parsons Chain China,
  • FEW Ketten Walder,
  • Chaineries Limousines,
  • Campbell Chains and Fittings (Apex Tool Group, LLC.),
  • Retezarna A.S.,
  • Peerless Industrial Group, Inc.,
  • McKinnon Chains,
  • Atli Industry Co. Ltd.,
  • Juli Sling Co. Ltd.,
  • Force Chain

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Type V hoist sling chains assemblies will observe growth with CAGR above 9% during the forecast period. Type V sling chains feature approximately 25% high capacity rating as compared to type T. A rising manufacturers preference to type V chains will be notable by 2025, in accordance to the advancements of processing techniques.

Sling hooks, foundry hooks, grab hooks, self-locking hooks, involving an eye or a clevis profile, have been the common hook designs in lifting chains market. Hooks featured with 10.1 20.0 tons capacity, will have a market share beyond 20% in the forecast span. In case of the master links, the overall lifting chains industry shall witness growth close to 9.3% by 2025. A premeditated pulling point is achieved with master links usage, and the sling chain assembly life is extended by avoiding the chain damage.

Intensifying industrialization in the emerging nations will drive sling chains assemblies demand in general manufacturing. This area of application is set to have the highest growth with CAGR about 10% in hoist sling chains assemblies market during the forecast period.

Asia Pacific will lead the overall hoist lifting chains market by 2025 with a share near enough 30%. The robust growth in regional construction sector involving multi storied infrastructure will result in a growing demand for hoist lifting chains assemblies demand in Asia Pacific by 2025.

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Leading hoist sling chain manufacturers are: pewag, Gunnebo, Campbell, Retezarna A.S., RUD, McKinnon Chain, etc. Industry players have been investing substantially in product development to strengthen their industry foothold. For instance, Gunnebo introduced new grab hook design having a locking pin in January 2018, featuring: lightweight, high strength, easy handling along with risk minimization.

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Air Compressor Market is set to record 5.2% CAGR during 2020-2026

The global air compressor market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The Air Compressor Market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 107.5 billion by 2026, with an anticipated CAGR of 5.2% through 2026. The global air compressors market is anticipated to register considerable growth over the forthcoming time period owing to the rising product demand across a plethora of high-revenue industry verticals. Air compressors are devices that are used to boost the pressure across a number of compressible fluids, or even gases, the most prominent of these being normal air.

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Compressors are extensively used across several industries to deliver shop or instrument air that powers paint sprayers, air tools, as well as abrasive blast equipment. The compressors are also used to phase shift the refrigerants that are used in refrigeration and air conditioning; to push gas through the pipelines.

Similar to pumps, compressors are also divided in terms of centrifugal as well as positive-displacement. However, while the pumps are majorly represented using centrifugal varieties, air compressors are typically of the positive-displacement kind.

Compressors can range in terms of size, starting from one that can fit in a car glovebox to the giant turbocompressor or reciprocating machines that are usually used in pipeline service. The positive-displacement type compressors can further be bifurcated into rotary types; including the rotary vane and helical screw, and reciprocating types; where the style of the piston predominates.

Top Industry Players –

  • Emerson,
  • GMCC,
  • Bitzer,
  • Atlas Copco,
  • Sullair LLC,
  • Gardner Denver, Inc.,
  • Kaeser Kompressoren SE,
  • Ingersoll-Rand plc,
  • Rolair Systems,
  • Doosan Portable Power,
  • Sullivan-Palatek, Inc.,
  • Hubei Teweite Power Technology Company Limited,
  • Hitachi Industrial Equipment Systems Co Ltd,
  • Ciasons Industrial, Inc.,
  • Mat Holdings, Inc.,
  • Danfoss, Oasis Manufacturing,
  • Aerzener Maschinenfabrik GmbH (Aerzen),
  • Quincy Compressor,
  • Vanair Manufacturing, Inc.,
  • VMAC Company (VMAC Global Technology, Inc.),
  • Zen Air Tech Pvt. Ltd.,
  • Boge Compressors,
  • Bauer Compressors, Inc.,
  • Air Squared Inc

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Air compressors might be further characterized in a number of different ways; however, they are typically classified into types that are based upon the functional method that is used to produce compressed gas or air.

The global air compressors market is classified in terms of technology, lubrication, end-user, and regional landscape.

Based on product, the market is bifurcated into portable air compressors and stationary air compressors. Portable air compressors are extensively used in building as well as construction projects across the globe. These compressors supply compressed air to power different types of heavy tools in the industry.

Based on technology, the market is bifurcated into rotary, reciprocating centrifugal, and others. The rotary segment is further bifurcated into screw and scroll. Among these, the rotary screw air compressors is projected to witness growth of 3.7% from 2020 to 2026.

Considering the end-user segment, the industry landscape is divided into housing appliances, food & beverage, oil & gas, energy, commercial, manufacturing, healthcare, mining & construction, transportation, and others.

Market Growth Drivers

  1. Proliferating growth in household appliances market
  2. Surging automobile production
  3. Technological advancements in air compressors
  4. Expansion of cold storage facilities

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Among these, the commercial segment accounted for over 15% volume share in 2019. Indispensable use of compressors for cooling applications in shopping malls, and workplaces, among others is projected to drive segment growth by 2026

From a regional reference frame, the Middle East and Africa air compressors market is anticipated to register appreciative growth over the projected timeframe. In fact, the MEA industry is slated to witness gains of 4.7% CAGR from 2020 to 2026.

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Photoresist and Photoresist Ancillaries Market 2020 Overview, Top Key Players, Industry Growth and Forecast to 2024

Photoresist and Photoresist Ancillaries Market

Global Photoresist and Photoresist Ancillaries Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Photoresist and Photoresist Ancillaries Market size was estimated at USD 3.5 billion in 2016 and is projected to surpass USD 6 billion by the year 2024.

Rising trend of microfabrication in semiconductors industry is providing a significant impetus to Photoresist and Photoresist Ancillaries Market. Photoresist ancillaries emerged as a core material used in various processes like photo graving. The escalating market demand for semiconductors from electronics and telecommunication industry is likely to leave a subsequent influence on the product demand.

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Considering the product trends, photoresist market is fragmented into ArF dry, ArF immersion, G-line and I-line, and KrF grades. Increasing proliferation of microelectronics is likely to drive KrF grade market demand. ArF immersion will also contribute significantly toward the overall photoresist and photoresist ancillaries industry share, with a target revenue to exceed USD 1 billion by the end of 2024.

Top Key Players –

  1. Avantor Performance Materials Inc
  2. A-Z Electronic Materials S.A
  3. The Dow Chemicals Company
  4. I. du Pont de Nemours and Company (DuPont)
  5. FUJIFILM Electronic Materials Co. Ltd.
  6. JSR Corporation
  7. Shin-Etsu Chemical Co. Ltd.
  8. Sumitomo Chemical Co. Ltd.
  9. Tokyo Ohka Kogyo Co. Ltd.
  10. LG Chem Ltd.
  11. Eternal Materials Co.Ltd.
  12. HTP HiTech Photopolymere AG
  13. Kolon Industries
  14. Asahi Kasei Corporation
  15. Hitachi Chemical Co. Ltd.

Regionally, photoresist and photoresist ancillaries market demand is quite heavy across APAC belt. Expanding electronics and communication industry is the prime factor that can be credited for the regional growth. With China and South Korea at the growth front, Asia Pacific photoresist and photoresist ancillaries market is projected to record USD 4 billion by the end of 2024.

Along the same lines, North America is also likely to experience a strong command over the global industry. With a valuation of USD 350 million in 2016, the regional market is anticipated to witness substantial growth over 2017-2024.

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The products of the industry are solvent based. Stringent regulatory norms enforced by some of the renowned organizations like REACH and EPA, subject to its environmental unfeasibility is creating a threat for the industry participants.

In order to overcome the challenges, companies are looking forward to various bio based alternatives to sustain in the competitive landscape. Some of the prominent photoresist and photoresist ancillaries industry participants include AZ Electronic Materials, JSR Corporation, The Dow Chemical Company, Tokyo Ohka Kogyo, and Hitachi Chemical.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Brewing Enzymes Market Driven by Necessity to optimize production to meet the rising beer demand

Rising demand for consumer products improved investment in R&D and extensive scope of enzyme applications primarily driving global brewing enzymes market. Growing cereal prices constantly has made it essential for manufacturers to identify ways and means to optimize the overall process. This has increased demand for microbes as they ensure optimized use of raw materials in maturation cycle. It accelerates a chemical reaction without undergoing a physical change resulted in maturation enhances the production process by using brewing enzymes.

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Company Profiles

  1. Novozymes
  2. DSM
  3. AB Enzymes
  4. Amano
  5. Danisco Foods B.V.
  6. DENYKEM LIMITED
  7. Lyven
  8. Dyadic International, Inc.
  9. A. Biotech
  10. Megazyme
  11. Jiangsu Boli Bioproducts Co., Ltd.
  12. Hobio Bioengineering
  13. Specialty Enzymes
  14. Customized Brewing Solutions
  15. Aumgene Biosciences Pvt Ltd

 

Growing health awareness amongst consumers and reducing usage of emulsifiers in the beverage industry. This improvement has provided enormous development opportunities to enzyme manufacturers for the development of innovative enzyme products. Variable prices of raw material due to dependence on agricultural goods will influence the price trend of brewing enzymes market.

Higher manufacturing cost with the requirement of R&D infrastructure with skilled labor force impact final prices. Unstable temperature, as well as reaction rate coupled with fluctuating pH properties, may hamper the demand in brewing enzymes industry.

Browse key industry insights spread across 250 pages with 198 market data tables & 10 figures & charts from the report, “Brewing Enzymes Market” in detail along with the table of contents:

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The consumption of beer has almost always outweighed the consumption of any other kind of alcohol by a wide margin, a factor that has been positively reflected on the brewing enzymes market as demand for brewing enzymes has not only increased with the increase of beer consumption but has also evolved as the need for faster demand production has soared. The United States, UK, and Germany had led the world in terms of beer consumption till 1960 and accounted for nearly half of worldwide beer consumption by volume. Consequently, brewing enzymes market has registered commendable profitability in North America and is expected to grow at a substantial growth rate over 2018-2024.

However, countries in Asia Pacific such as India, China, Japan and Vietnam have also laid a major claim in the beer consumption landscape in the past decade. In the recent times, China surpassed United States as the largest beer market while Russia overtook Germany and Brazil ranked above UK. Not only the population explosion in these countries, but also the changing economic developments in the nations can be attributed to the higher consumption of beer. It is estimated that Asia Pacific will holds a major proportion of the industry share, having held a valuation of around $80 million in 2017.

It is of significant importance that beer consumption in China and Russia increased noticeably after the countries converted from communism to capitalism. Also, most of the Asian countries have exhibited the trend of increasing per capita incomes with rapid urbanization and industrial development. With increasing disposable incomes, beer consumption has substantially rise, leading to exponential growth in the brewing enzymes market.

The brewing enzymes market has also significantly gained momentum with the changing patterns of beer trade. While previously the beer landscape was dominated by a few leaders like Corona, Guinness and Heineken, the easing of trade facilities in the 21st century has led to massive and fundamental changes in the international beer markets. As countries started to taste beer from other nations that they had to access to before, the taste palette for beer widened to bring a newfound interest in craft beer.

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In the more developed nations that had been consuming beer for centuries a trend has also been noted that instead of volume, consumers are concentrating on quality. The general consensus is turning towards tasting better beers rather than cheaper ones. As the 21st century consumer is more willing to pay a premium to enjoy specialty beers, the craft beer industry recorded phenomenal progress and added a new growth avenue to the brewing enzymes market which is expected to garner major profits from untraditional beer brewing.

Protein Hydrolysate Market is Driven by Growing demand for infant food

According to Global Market Insights, Protein Hydrolysate Market provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Protein Hydrolysate industry.

2016 Market Size – USD 500 million

2024 Forecast Value – USD 950 million+

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Whey protein hydrolysate market size should surpass USD 450 million by 2024. They act as a source of amino acid which helps in reduction of various diseases such as diabetes and hence is widely used as supplement in clinical nutrition. Powder based ingredients are preferred by users over liquid due to their longer shelf life.  Investment in research by manufacturers has resulted in development of new product offerings which should favor product demand.

Key Highlights of this report: 

Base Year: 2016

Growth Projections – 2017 to 2024

Historical data coverage:  2013 to 2016

Number of Pages – 190

Data Tables – 216 

Protein hydrolysates market size from sports nutrition applications should exceed consumption of 10 kilo tons by 2024. This application should witness strongest gains in the U.S. owing to increasing popularity of RTD beverages, nutrition bars and supplements. Sports drinks and supplements were initially targeted for athletes & bodybuilders however these products are undergoing mass adoption by lifestyle and recreational users which will stimulate product demand in the region.

Growth drivers

1    Growing demand for infant food

2    Busy schedule of working mothers and growing E-commernce in Asia Pacific

3    Increasing application scope in medical and veterinary market

Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:

  1. Pileje
  2. Costantino
  3. Cargill
  4. FrieslandCampina
  5. Arla Foods
  6. Fonterra
  7. Nestlé
  8. Sigma-Aldrich
  9. Mead Johnson Nutrition
  10. Davisco Foods, Business of Agropur, Inc.
  11. Morinaga Nutritional Foods, Inc.
  12. Ingredia Dairy Experts
  13. The Kerry Group
  14. Milk Specialities Limited
  15. AMCO Proteins Company
  16. Hilmar Whey Proteins
  17. Carbery group limited
  18. Novus Indus Pharmaceuticals
  19. Proliver
  20. Janatha Fish Protein
  21. ARMOR PROTEINES

Germany protein hydrolysate market from clinical nutrition applications should exceed USD 8 million by 2024. Changing dietary patterns, over-consumption of empty calories through junk foods ensuring high risk of modern malnutrition amongst affluent population will drive product demand for clinical nutrition applications.

China protein hydrolysates market size will mainly be driven by infant nutrition application which expects significant gains at over 8% by 2024. China accounts for more than 35% of the global retail market for infant formula. In 2016, China completely scrapped its one child policy after 35 years as an active response to ageing population This political move will have positive impact on infant nutritional products demand.

Protein Hydrolysates market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:

Protein Hydrolysates Market by Product

  • Milk Protein Hydrolysate
  • Whey
  • Casein
  • Animal Protein Hydrolysate
  • Meat
  • Fish
  • Egg
  • Plant Protein Hydrolysate
  • Soy
  • Others

 Protein Hydrolysates Market by Application

  • Infant Nutrition
  • Sports Nutrition
  • Clinical Nutrition
  • Others

Protein Hydrolysates Market by Form

  • Powder
  • Liquid

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Research Methodology:

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

X-Ray Security Screening System Market 2024 – A USD 3 Billion Revenue Opportunity

X-ray security screening system market is gaining massive popularity, as contraband items like drugs, weapons, and astonishingly, even humans are being illegally transported across borders, which undeniably requires to be halted in order to ensure safety and protection across the country. Given the increasing number of terrorist & anti-social activities across the globe, it is no surprise that X-ray security screening system market has been gathering rapid momentum in recent years. Legal authorities no longer consider it safe to permit luggage or cargo remain unchecked through transit areas or highly populated commercial spaces like malls or movie theaters, as terrorist attacks have time and again demonstrated that arms can be easily transported across vulnerable points.

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One of the impelling factor behind Asia Pacific being a new investment hub for X-ray security screening system market players is its robustly expanding aviation industry. Amidst the backdrop of a growing middle & upper middle-class population in key emerging economies and the momentous growth of intercontinental hubs in APAC, the regional air transport market is continuously expanding its nucleus. According to reliable reports of November 2017, the passenger traffic at Asia Pacific airports grew by 11% than that recorded in the previous year. Rapid industrialization & urbanization trends in countries such as China, India, Indonesia, and Korea, have drastically fueled passenger travels in both the domestic and international sector, consequently leading to Asia Pacific evolving as a rather profitable ground for X-ray security screening system industry growth. It is imperative to mention that the anticipated growth in global airport security industry, which has a target CAGR of 7% over 2017-2024 will remarkably impact the revenue graph of X-ray security screening system industry in the coming years.

X-ray security screening scanners have become an ideal choice to detect threats in high risk public locations, pertaining to their ability to detect drugs, metals, weaponry, and other likes of contraband within a package or on a person’s body. Citing a relevant instance – The TSA authorities intercepted around 11.6 million lighters and 1.6 million knives (in 2006) and more than 2,653 firearms (2015) in luggage bags at airport security checkpoints at the US airports, registering a significant increase from previous records. The data goes on to validate the importance of highly efficient X-ray security scanners and their subsequently high demand from airports, shopping malls, hotels and other crowded and threat prone locations, providing a substantial impetus to x-ray security screening system market trends.

Given the current threats associated with terrorism & illegal activities, the growth prospects of X-ray security screening system market seem to be rather pronounced in the ensuing years. Quite overtly, the alarming rise in drugs & weapons trafficking, illegal arms trade, smuggling, and illegal immigrations have triggered the dire need for efficient security screening systems at transit locations. In response to this fact, advanced technologies that can offer enhanced security, such as the X-ray scanners, are gaining considerable traction, especially from the naval & aviation industry. The ability of these screening systems to detect even trace amount of contrabands placed inside large baggage containers and suitcases have mandated the installation of these systems at public locations, in turn fueling X-ray security screening system industry size.

Estimates claim that more than 2 million commercial aviation passengers are screened in the US on daily basis for weapons & other dangerous articles at airports. According to a report, in the year 2006, the TSA (Transportation Security Administration) security officers intercepted around 13.7 million prohibited items at security checkpoints, thanks to the rising deployment of X-ray security screening systems. Moreover, the rising government focus on installing X-ray security screening systems specially at places that attract larger crowd, have further provided significant impetus to the global X-ray security screening system industry share. This presumption is significantly validated by a trusted report that claims X-ray security screening system market size to have stood at USD 2 billion in 2016.

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Amidst the backdrop where the prevalence of sophisticated crimes and infrastructure security demand are slated to increase parallelly, it is rather overt for the global X-ray security screening system market to garner massive proceeds in the coming years. Speaking of the competitive landscape, the X-ray security screening system industry comprises some renowned names including MinXray, Inc., Adani Systems Inc., Kapri Corp, L-3 Communications Security & Detection Systems, and Westminster International Ltd., that are vigorously investing in R&D to stay ahead of the competitors, in terms of geographical reach and product & services portfolio. All in all, fueled by these dynamic trends, the overall X-ray security screening system market size is slated to surpass USD 3 billion by 2024.

Glimpse of Table of Content (ToC)

Chapter 4.   X-Ray Security Screening System, By End-use

4.1.  X-ray security screening system market share by product, 2016 & 2024

4.2.  Transit industry

4.2.1. Market estimates and forecasts, 2013 – 2024

4.3.  Commercial

4.3.1. Market estimates and forecasts, 2013 – 2024

4.4.  Government

4.4.1. Market estimates and forecasts, 2013 – 2024

Chapter 5.   X-Ray Security Screening System, By Application

5.1.  X-ray security screening system market share by application, 2016 & 2024

5.2.  People screening

5.2.1. Market estimates and forecasts, 2013 – 2024

5.3.  Product screening

5.3.1. Market estimates and forecasts, 2013 – 2024

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Self-Checkout System Market to Grow At 9% CAGR to Cross $4 Bn by 2024

One of the pivotal reasons self-checkout system market has found popularity in the retail sector is on account of the fact that this business space is one of the most evolutionary means of changing the consumer’s perception of shopping. In this regard, companies have been brainstorming different technologies to augment self-checkout system industry. While some manufacturers are producing stationary self-checking counters, others are using scanners on carts that would enable customers to scan items and reduce the wait time at the check-out counter. For instance, Zara implemented self-checkout systems in their stores and introduced an app that lets the buyer make all the shopping choices online, pick up the item in person from the store and pay on the go. The seamless connectivity between online, offline and payment while maintaining anonymity and not being felt judged for one’s fashion choice can potentially revolutionize the world of fast fashion.

Mobile apps are the latest innovation the retail sector is replete with lately, that customers can use to both scan and pay for their purchases. In this present fast-paced era, consumers prefer to experience freedom of choice while making purchases and remain in control of their transactions, thus augmenting self-checkout systems market. Sometimes though, the older generation may find self-checkout systems hard to deal with. In this regard, retail stores offer a variety of options for check out, including both staffed and self-checkout systems, providing a wider scope of development for self-checkout system market.

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The worsening degree of labor shortage paired with mounting labor costs on a global scale are paving the way for the proliferation of various automated systems in diverse industries. With retail industry being a frontrunner in the adoption of these systems, global self-checkout system market volume is estimated to witness a significant rise across supermarkets, hypermarkets, department stores, and large retail chains in developed regions such as North America and Europe.

The emergence of a cashless economy, augmenting focus on improving shopping experience, and technological advancements are other factors fueling self-checkout systems market trends. Market players are directing substantial efforts to develop self-checkout systems with lesser complexities, improved user interface, and multi-lingual support, which is expected to boost consumer acceptability of these systems in the coming years. Increasing deployment of these systems in movie theatres, museums, and travel industry for facilitating self-ticketing is slated to further intensify market trends.

Payments are gradually marching towards the cashless road, which is laying a favorable groundwork for self-checkout systems market to thrive. Mobile payments facilitate an easy way to shop through self-checkout systems by simplifying the payment techniques.

China is likely to emerge as promising growth window in self-checkout system market owing to the momentous growth of the mobile payment industry in the region. Apps such as WeChat Pay (Tencent) and Alipay are immensely popular in China and as per the estimates of People’s Bank of China, total number of mobile payments transactions in China as of 2016 was 25.7 billion that was equivalent to USD 20 trillion.

Businesses in the hospitality industry are deploying self-checkout systems at a torrid pace to reduce wait times and improve order accuracy. The demand for these systems has witnessed a substantial surge in this vertical as they are capable of performing complicated transaction such as order customization and bill splitting. Self-checkout system market volume is increasing as major food corporations across the globe are showcasing heightened interest in the technology deployment to assist customers in quick food ordering and payment processing.  For instance, Subway installed self-checkout facilities across 12 of its pilot locations in 2017. Similarly, in 2016, McDonalds upgraded more than 500 of its outlets worldwide with self-checkout kiosks. Additionally, with a high number of customers shifting preference towards self-service, self-checkout systems are experiencing a surge in demand. Hotels are making conscious efforts to offer self-checkout services through dedicated kiosks, where guests can access information related to reservations, dispense room keys, print receipts, and access other information.

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A booming retail sector and the tendency of the region to adopt latest technologies is favoring self-checkout system market outlook in the US. The country houses numerous supermarkets and hypermarkets, which generates massive product demand. For instance, Walmart has a Scan & Go mobile payment option for consumers to scan their products with a mobile app. Moreover, extensive usage of mobile payments has also created a conducive environment for self-checkout systems market growth. As per reliable estimates, physical goods worth USD 47.6 billion were purchased in the US through remote mobile payments in 2016. Widespread awareness and acceptability of these systems are also influential factors propelling self-checkout systems market size.

Table of Contents (ToC) of the report:

Chapter 4.   Self-Checkout System Market, By Solution

4.1.  Self-checkout system market share by solution, 2016 & 2024

4.2.  Hardware (Revenue, Shipment)

4.2.1. Market estimates and forecasts, 2013 – 2024

4.2.2. Market estimates and forecasts, by region 2013 – 2024

4.3.  Software (Revenue)

4.3.1. Market estimates and forecasts, 2013 – 2024

4.3.2. Market estimates and forecasts, by region 2013 – 2024

4.4.  Service (Revenue)

4.4.1. Market estimates and forecasts, 2013 – 2024

4.4.2. Market estimates and forecasts, by region 2013 – 2024

Chapter 5.   Self-Checkout System Market, By Transaction (Revenue)

5.1.  Self-checkout system market share, by transaction, 2016 & 2024

5.2.  Cash-based

5.2.1. Market estimates and forecasts, 2013 – 2024

5.2.2. Market estimates and forecasts, by region 2013 – 2024

5.3.  Cashless

5.3.1. Market estimates and forecasts, 2013 – 2024

5.3.2. Market estimates and forecasts, by region 2013 – 2024

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Barcode Printers Market – 5% Growth Forecast from 2020 to 2024

In recent times, barcode printers market has been witnessing rapid expansion owing to the cutting-edge products being unveiled by prominent industry players and their consistent adoption of strategic growth tactics. Citing an instance of the latest product innovation, Printronix Auto ID Inc., one of the global leaders partaking in industrial barcode printing industry, has launched a high-performance thermal barcode printer, the T6000. Equipped with advanced features such as an enhanced print speed of 14 inches per second, an interactive screen which lowers downtime, postscript and pdf support for complex labelling requirements, and improved RFID capabilities, this product is indeed revolutionary.

Thermal based printers constituted of more than 65% of the overall barcode printers market share owing to the features such as low noise, high speed, reliability, and ease of cleaning. The direct thermal technology will witness significant growth over the coming years due to low operational costs, and improved durability. Direct thermal printers are ideal for applications such as printing receipts and shipping labels and can develop barcode images on the material without a ribbon, making it eco-friendlier.

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It would also be imperative to state that this latest thermal barcode printer seamlessly integrates with any network infrastructure with plug and play facility and comes with unique online data validation process which assists in producing barcodes that eliminate exorbitant compliance fees. Such dynamic and encouraging technological advancements in product development are set to favorably influence the growth prospects of barcode printers market in the upcoming years. According to research analysts, the global barcode printers industry size stood at USD 2.4 billion in 2017.

Mobile printers are anticipated to witness high growth over the forecast timespan owing to their ease of usage in several field-based applications. Mobile barcode printers are being used increasingly by retail businesses to issue authentic receipts and invoices regardless of the place and time. Moreover, the mobile printers are being to print barcodes for identification of individuals in major events and for patients in hospitals which has augmented the revenue for the barcode printers market.

Asia Pacific will grow at a high growth owing to rise in investments from the government and growth in urbanization which has led to growing healthcare expenditure and enhancing the healthcare infrastructure. In addition, technological revolution, intensifying government legislations and rising focus on the patient safety, has augmented the usage of barcode printing technology which will boost the barcode printers market growth in the region.

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Key players in the barcode printers market include Seiko Epson Corporation, Toshiba Tec Corporation, Zebra Technologies, TSC Auto ID Technology Co., Ltd, and Godex International Co. Ltd, Honeywell Scanning & Mobility, among others. The industry is competitive in nature and is witnessing rivalry, with players distinguishing their brand based on the product affordability and quality.

Some Point from Table of Contents:

Chapter 5       Barcode Printers Market, By Technology

5.1    Barcode printers industry share by technology, 2016 & 2024

5.2    Thermal Transfer

5.2.1    Market estimates and forecast, by region, 2013 – 2024

5.3    Direct Thermal

5.3.1    Market estimates and forecast, by region, 2013 – 2024

5.4    Laser

5.4.1    Market estimates and forecast, by region, 2013 – 2024

5.5    Impact

5.5.1    Market estimates and forecast, by region, 2013 – 2024

5.6    Ink-Jet

5.6.1    Market estimates and forecast, by region, 2013 – 2024

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At 15% CAGR, Automotive Software Market will hit US$52 billion by 2025

The profitability potential and growth prospects of the automotive software market are rather evident from the vast range of offerings, including auto drive software, auto mechanical software, mapping software, connectivity software, driver assistance software, anti-collision software, and entertainment software. In the years to come, automotive software industry contenders are expected to not only capitalize on the existing technologies, but also bring about robust innovation in design and

Global automotive software market size is largely fueled by escalating consumer demand for comfort, safety and convenience in vehicles. Growing integration of technologically advanced features in vehicles such as smart electric roof, ADAS, walk away safety lock and cooled glove box have resulted in increased number electronic components in vehicles.

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Emergence of technologies such as AR, AI and blockchain will significantly enhance fuel-efficiency, functional safety, streamlined key entry and infotainment features. Proliferation of EVs and HEVs, rising internet penetration and increasing adoption of connected cars are anticipated to boost automotive software market outlook.

Increasing R&D investments by software majors such as Wipro, NVIDIA and Bosch Software will propel innovations in software products. These companies are also are looking towards partnership strategies to design and develop autonomous vehicles. For instance, Bosch and Daimler had partnered in 2018 to run a test program for autonomous on-demand ride-hailing service.

Autonomous driving software market share is projected to register a robust 17% CAGR over 2019-2025.

Accessibility of cloud-based services at remote locations coupled with increasing vehicle connectivity is driving the business growth. Increased focus on reducing operation cost for OEMs along with surging demand for efficient data visualization and data analysis has led to increased use of vehicle management software. These software help deliver timely services through predictive diagnostics, enabling carmakers to boost customer satisfaction.

Vehicle management software segment accounted for almost 32% of total automotive software industry share in 2018.

Rising preference for Mobility-as-a-Service (MaaS) is positively contributing towards automotive software market forecast. Industry giants such as Ford, Delphi and General Motors are making significant investments to design and develop driverless cars. For instance, Cruise Automation, a self-driving unit of General Motors had partnered with Honda in October 2018 for large-scale deployment of autonomous vehicle technology.

The mobility service segment of automotive software market will observe unprecedented growth at more than 19% over the projected period.

Strict government norms pertaining to environmental safety coupled with mounting environmental concerns have encouraged OEMs to design fuel-efficient engines with minimum carbon emissions. OEMs are incorporating EMS products along with hi-tech sensors for applications such as air management, fuel supply, ignition and control fuel injection to enhance engine efficiency.

Automotive software market size from engine management system (EMS) segment held close to 20% of the global business share in 2018.

Anti-lock braking system (ABS) helps ensure passenger and driver safety by preventing sudden skidding and consequent road accidents. The technology has significantly reduced risks of road crashes in recent times. For instance, it was reported in September 2015 that ABS lowered the risk of run-off road crashes by nearly 33%.

Automotive software market size from anti-lock braking system (ABS) application is anticipated to witness gains at over 14% during the analysis timeline.

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Growing dependence on public transportation and ridesharing services coupled with rising number of projected to bring autonomous trucks into logistics has increased the demand for automotive software across the commercial vehicles segment. Strict regulations enforced by the government and other regulatory bodies to ensure environmental sustainability is proliferating the business growth.

Commercial vehicles segment in automotive software Market will witness a remarkable 18% CAGR up to 2025.

Passenger vehicles segment is anticipated to observe steady growth during the forecast period. Growing deployment of smart technologies in passenger vehicles has led to increased demand for in-vehicle electronics systems, creating great significant opportunities for automotive software in the passenger vehicles segment.

Evolving trends of industrialization and infrastructural development in emerging economies such as China and India are opening up opportunities for automotive OEMs. Asia Pacific automotive software market size is anticipated to record a high growth with a robust CAGR of over 17% during 2019-2025. The need to address traffic congestion issues and accidents in APAC countries through the use of predictive navigation and other products will bolster the industry scope.

Table of Contents (ToC) of the report:

Chapter 3. Automotive Software Market Insights

3.1. Introduction

3.2. Industry segmentation

3.3. Automotive software industry landscape

3.4. Industry ecosystem analysis

3.5. Evolution of automotive software

3.6. Technology & innovation landscape

3.6.1. Advanced driver assistance system (ADAS)

3.6.2. Cybersecurity for in-vehicle software and connected cars

3.6.3. Over-the-air update/maintenance

3.6.4. Deployment of open source software (OSS) in automotive

3.6.5. Consolidation of ECU and domain-controller functionality

3.6.6. Deployment of application program interface (API) in automotive software

3.6.7. Front Ventilated Seats for driver and Co-driver

3.6.8. Cooled glove box

3.6.9. Smart electric sunroof

3.6.10. Walk away lock and child safety lock

3.7. Regulatory landscape

3.7.1. Federal Motor Vehicle Safety Standards

3.7.2. Global Technical Regulations

3.7.3. Ontario Regulations

3.7.4. Canada Motor Vehicle Safety Standards

3.7.5. ECE Regulations

3.7.6. Guobiao Standards

3.7.7. Motor Vehicles Act 1988

3.7.8. Automotive Industry standard

3.7.9. Road Vehicles Act, 1951

3.7.10. Korea Motor vehicle safety standards

3.8. Industry impact forces

3.8.1. Growth drivers

3.8.1.1. Increase in number of electronic products in vehicles

3.8.1.2. Increasing investment in auto-tech and autonomous vehicles

3.8.1.3. Increasing demand for connected cars

3.8.1.4. Intervention of innovative technologies for advanced user interface

3.8.2. Industry Pitfalls and Challenges

3.8.2.1. Maintenance and troubleshooting of automotive software

3.8.2.2. Consolidation of ECUs and lack of standard protocols to develop software platforms

3.8.2.3. Cybersecurity threats

3.9. Porter’s Analysis

3.10. PESTEL analysis

3.11. Growth potential analysis

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Automotive Evaporative Emission Control System Market to cross 65 Bn US-dollar by 2025

According to the Environmental Protection Agency, there are enough cases of such emissions to contribute to air pollution and pose a risk to environmental and human life. The fuel injected in a car consists of over 150 chemicals including toluene, benzenes and even lead, which can cause headaches, breathing issues, and in worst cases result in death. Hence, it is vital for carmakers to install EVAP systems in their models to control fuel evaporation, which would help expand the global automotive evaporative emission control system market size.

Attributing to rising awareness surrounding different types of vehicle emissions and the introduction of stringent vehicle emission standards, automotive evaporative emission control system market will experience lucrative business growth. In addition, driven by mandatory EVAP tests across prominent regions such as Europe, adoption of automotive EVAP systems is projected to keep on increasing during the forecast timeframe.

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The global automotive evaporative emission control system market is estimated to register a commendable growth rate over the ensuing years, on account of the growing air pollution levels worldwide. Air quality is deteriorating day by day posing a huge risk to the environment, human health, and food security. Fuel evaporative emissions undeniably, are a significant contributor to global air pollution levels. The gasoline in the fuel tank gradually evaporates over time, contaminating the air with VOCs (Volatile Organic Compounds).

In terms of regional growth, the Latin America market held considerable revenue share owing to rising concerns pertaining to fuel evaporation paired with the imposition of supportive international policies to control air pollution. According to an assessment released by UN Environment and the Climate and Clean Air Coalition, poor air quality and climate change are taking a toll on vulnerable population and environment within the Americas, leading to premature deaths, ecosystem damage, and crop yield losses.

In coming years Europe automotive evaporative emission control system market landscape is expected to account for a major portion of industry share pertaining to the strict regulatory scenario. For the record, the European Union has established a goal of achieving net-zero carbon and greenhouse gas emissions by 2050. Europe’s road transport sector plays a major role in the continent’s energy consumption. Under the net-zero emissions goal, the European Commission continues to further tighten emission limits for light commercial vehicles and passenger cars.

The proposed review of Europe’s Worldwide Harmonized Light Vehicles Test Procedure (WLTP) testing procedures, which is projected to come into effect by the end of 2019.  WLTP would be introducing major changes to the region’s mandatory EVAP tests, creating substantial growth opportunities for the Europe automotive evaporative emission control system market outlook.

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Brazil, which is the fourth largest vehicle market in the world differs from larger economies in terms of policies to promote vehicle-efficiencies. However, the government in these nations and other key vehicle markets in Latin America are working to adopt international best practices regarding emission control to the local economic and policy context. Successful implementation of regulatory practices would further augment the Latin America automotive evaporative emission control system market share in the coming years.

Table of Contents (ToC) of the report:

Chapter 3. Automotive Evaporative Emission Control System Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2025

3.3. Industry ecosystem analysis

3.3.1. Component suppliers

3.3.2. Manufacturers

3.3.3. Profit margin trends

3.3.4. Distribution channel analysis

3.3.5. Vendor matrix

3.4. Pricing analysis

3.4.1. Regional pricing

3.4.1.1. North America

3.4.1.2. Europe

3.4.1.3. Asia Pacific

3.4.1.4. Latin America

3.4.1.5. Middle East & Africa

3.4.2. Cost structure analysis

3.5. Technology landscape

3.6. Regulatory landscape

3.6.1. North America

3.6.2. Europe

3.6.3. Asia Pacific

3.6.4. Latin America

3.6.5. Middle East & Africa

3.7. Industry impact forces

3.7.1. Growth drivers

3.7.1.1. North America

3.7.1.2. Europe

3.7.1.3. Asia Pacific

3.7.1.4. Latin America

3.7.1.5. Middle East & Africa

3.7.2. Industry pitfalls & challenges

3.8. Innovation and sustainability

3.9. Key insights on technology trends

3.10. Growth potential analysis, 2018

3.11. Porter’s analysis

3.12. Competitive landscape, 2018

3.12.1. Top players analysis, 2018

3.12.2. Strategy dashboard

3.13. PESTEL analysis

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Magnesium Wheel Market to grow at 3% CAGR to 2024

The increasing preference for magnesium material over other available structural materials is likely to boost magnesium wheel market share. Fuel efficiency enhancement seems to have emerged as a major goal for automotive behemoths lately, thereby impacting magnesium wheel market. In order to achieve higher fuel efficiency, automakers are using lightweight materials for manufacturing automotive parts, primarily for BIW and wheels. Technically, magnesium is 75% lighter than steel and 33% lighter than aluminum.

OEMs are anticipated to account for a substantial share in automotive magnesium wheel market volume.  Automotive OEMs are making relentless strides to achieve light-weighting and improve fuel economy of vehicles. Moreover, aims to impart sophisticated, high-end aesthetic features to vehicles have prompted OEMs to incorporate automotive magnesium wheels in their vehicle portfolios.  Additionally, strict government rules pertaining to emission control and efficiency require OEMs to invest in technologies. which are likely to spur automotive magnesium wheel market demand.

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Premium and sports cars are predicted to hold significant revenue share in automotive magnesium wheel market size. The use of automotive magnesium wheels enables significant performance improvement due to excellent power to weight ratio, higher ability to bear impact, noise reduction, better heat dissipation, and shock absorption capabilities. In addition, superior cushioning and damping provided by such wheels enhance ride quality considerably. Furthermore, they help to furnish an elegant look to premium cars through which OEMs can command higher price for these vehicles.

Automobile OEMs have been seeking to reduce vehicle weight to improve fuel efficiency and reduce carbon emissions, which is likely to drive automotive magnesium wheel market trends over 2019-2024.  Automotive magnesium wheels offer benefits such as high strength to weight ratio and lesser weight with better damping capacity which may support the product demand. As per the latest research report compiled by Global Market Insights Inc., automotive magnesium wheel industry share is anticipated to exceed valuation of $28 billion through 2024.

Automotive magnesium wheels provide improved thermal conductivity and allow easier heat dissipation in comparison with traditional wheels, which is anticipated to accelerate automotive magnesium wheel market trends. Additionally, these wheels deliver softer cushioning capabilities and smoother ride quality, which help to   enhance driving experience in bad and uneven roads. Such benefits offered by   automotive magnesium wheels are likely to accelerate the adoption of the product in the coming years.

Governments of various countries across the globe have been continuously promoting the development of magnesium to facilitate usage across numerous automotive applications. For example, in North America, the Magnesium Vision 2020 project emphases on boosting investments in R&D towards magnesium technology development. The project focuses on the development reliable and durable magnesium materials for utilization in automotive applications. Furthermore, the program also aims to address magnesium-related issues such as fastening, fire, and corrosion.

Repairs, replacements, and upgradation of current car wheels with innovative automotive magnesium wheels are likely to   boost the revenue share of automotive magnesium wheel industry. Consumers have also been noted to opt for customized tires and specialized designs as per their requirements. Inclination of consumers towards such tires will expand automotive magnesium wheel market size. Heightened consumer interest towards customized and specialized designs is another influential factor propelling automotive magnesium wheel market size.

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The intensifying adoption of forged automotive magnesium wheels can be accredited to the significant advantages offered by them such as stiffer, lower weight, and stronger wheel in comparison with their traditional counterparts. Moreover, forged automotive magnesium wheels also help to reduce the occurrence of cracks and deformation under intense pressure. The exceptional benefits offered by forged automotive magnesium wheels will uplift   automotive magnesium wheel industry share over 2019-2024.

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Chapter 5 Automotive magnesium wheel Market, By End-Use

5.1 Automotive magnesium wheel industry share by end-use, 2018 & 2024

5.2 OEM

5.2.1 Automotive magnesium wheel industry estimates and forecast from OEM, 2013 – 2024, (Thousand Units) (USD Million)

5.2.2 Automotive magnesium wheel industry estimates & forecast from OEM, by region, 2013-2024 (Thousand Units) (USD Million)

5.3 Aftermarket

5.3.1 Automotive magnesium wheel industry estimates and forecast from aftermarket, 2013 – 2024, (Thousand Units) (USD Million)

5.3.2 Automotive magnesium wheel industry estimates & forecast from aftermarket, by region, 2013-2024 (Thousand Units) (USD Million)

Chapter 6 Automotive magnesium wheel Market, By Vehicle

6.1 Automotive magnesium wheel industry share by vehicle, 2018 & 2024

6.2 Bikes

6.2.1 Automotive magnesium wheel industry estimates and forecast from bikes, 2013 – 2024, (Thousand Units) (USD Million)

6.2.2 Automotive magnesium wheel industry estimates & forecast from bikes, by region, 2013-2024 (Thousand Units) (USD Million)

6.3 Premium/sports cars

6.3.1 Automotive magnesium wheel industry estimates and forecast from premium/ sports cars, 2013 – 2024, (Thousand Units) (USD Million)

6.3.2 Automotive magnesium wheel industry estimates & forecast from premium/ sports cars, by region, 2013-2024 (Thousand Units) (USD Million)

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Optical Sorter Market Outlook 2024, New Technologies Transforming the Global Business

The commitment of key players in the optical sorter market toward innovation, superior manufacturing, and intelligent design will have a notable influence on future product demand. Recently, the leading food sorter manufacturing company, TOMRA Sorting, Inc., has revealed its plan to launch innovative sorting machines at Pack Expo. TOMRA has been working to resolve customer issues with its new product launches to enhance its customer base.

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With this recent launch, it seems to have resolved the issues pertaining to the food processing companies that had been struggling earlier to filter out foreign materials like stones, wood, metal, glass, and plastics from vegetables and potato products. The company claims that the newly developed machine will filter 98% of all types of filtering objects. The incidence testifies that the innovative capabilities of the companies to fulfil the customers’ needs with their high standard products is likely to stimulate the optical sorter market share from the food industry over the years ahead.

The increasing deployment of sorting machines for improving plant productivity has been propelling optical sorter market share. The shortage of labor and surging need to handle more quantity of products in a less time are a couple of the most prominent causes behind the increasing deployment of sorting machines. In recent years, the optical sorter has emerged as one of the pioneering products to handle grains, pulses, spices, beans, rice, nuts, fruits, vegetables, and plastics. The capability of this device to sort the products based on their shape, color with high efficiency, excellent precision, and performance is poised to expedite optical sorter industry outlook considerably.

In order to resolve the issue of the labor shortage, U.S. based Diamond Fruit Growers has recently invested to deploy its first ever optical sorting line specially designed for pears. The Italian company, Unitec has also engineered an optical sorter with the integration of software that can minimize the damage by sorting out fruits based on their grade and size without scuffing. The use of such machines to handle a plenitude of products at the food processing facilities will help companies to handle more volume with less labor. Continuous investments in technology by prominent end-users to handle a large volume at a time is likely to propel optical sorter market trends.

In addition to food processing, the mining sector is a pivotal revenue generating ground for optical sorter market players that have been incorporating new features into existing models. They have also been enhancing the design features of the products to improve its wear-resisting capability and ease of maintenance. Taking into account the extended life cycle of the products, most of the mineral and metal ore extraction industries have been deploying modern optical sorters on a large scale which will have a positive influence on the market growth. For the record, in 2017, the mining industry held a 15% share of the optical sorter market.

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Growing availability of highly advanced product ranges will propel the optical sorter industry outlook over the years ahead. In addition, increasing awareness among the end users about the cost-effective returns obtained from the automated processes at the workplace will also have a notable influence on the product demand. For the record, by the end of 2024, optical sorter market will surpass revenue collection of USD 3 billion.

Some Points From Table Of Content: –

Chapter 4    Optical Sorter Market, By Product

4.1     Key trends in the optical sorter industry, by product

4.2     Lasers

4.2.1   Market estimates and forecast, 2013 – 2024

4.2.2   Market estimates and forecast, by region, 2013 – 2024

4.3     Cameras

4.3.1   Market estimates and forecast, 2013 – 2024

4.3.2   Market estimates and forecast, by region, 2013 – 2024

4.4     NIR sorters

4.4.1   Market estimates and forecast, 2013 – 2024

4.4.2   Market estimates and forecast, by region, 2013 – 2024

4.5     Hyperspectral cameras

4.5.1   Market estimates and forecast, 2013 – 2024

4.5.2   Market estimates and forecast, by region, 2013 – 2024

Chapter 5    Optical Sorter Market, By Platform

5.1     Key trends in the optical sorter industry, by platform

5.2     Belt

5.2.1   Market estimates and forecast, 2013 – 2024

5.2.2   Market estimates and forecast, by region, 2013 – 2024

5.3     Freefall

5.3.1   Market estimates and forecast, 2013 – 2024

5.3.2   Market estimates and forecast, by region, 2013 – 2024

5.4     Lane

5.4.1   Market estimates and forecast, 2013 – 2024

5.4.2   Market estimates and forecast, by region, 2013 – 2024

5.5     Hybrid

5.5.1   Market estimates and forecast, 2013 – 2024

5.5.2   Market estimates and forecast, by region, 2013 – 2024

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Aircraft Seating Market is Expected to Reach USD 18 billion by 2025

Global aircraft seating market is gaining immense momentum owing to rising innovation in seating design along with mounting air passenger traffic. Companies nowadays are vastly investing in maintenance and repairs as it becomes the top priority for airlines. Major airlines have also been escalating the demand for aircraft where seats are narrower and close together to accommodate large number of passengers.

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It is estimated that global aircraft seating market may surpass USD 18 billion by 2025. Advancements in seats with ergonomic designs and better passenger comfort are made to deal with a rising number of travelers at major airport hubs. In addition, due to propagation of low-cost carriers, aircraft manufacturers are looking to optimize the plane design for integrating maximum seats and also enhancing operational efficiency.

Technological advancements and the surge in low-cost carriers particularly on international routes have made flying cheaper and more convenient. Airline manufacturers are giving more focus towards designing comfortable seats for improving sleeping comfort on board for economy class passengers and come up with features to improve body posture and sleeping positions.

Economy class is likely to reach a rapid pace during the projected timeframe due to the prerequisite for a larger number of seats in these aircraft for accommodating consistently growing inflow of passengers. Furthermore, reduction in airfares along with the accessibility of a huge network of flight routes will accelerate aircraft seating market outlook.

From reconditioning seats to fully replacing them, mounting upgradation in cabin systems, adding Wi-Fi and modernizing entertainment systems are some of the key factors that have dramatically changed the airline interiors. In January 2019, Mirus Aircraft Seating had signed an agreement with TUI group to provide seats for its airlines operating in Belgium, UK, and Netherlands.

Similar developments and  the need for continuous retro fit activities will expand the production capacities and meet the consumer demand while complying with quality standards. Furthermore, redesigning first-class seats with extra features including cup holders and personalized cabins will certainly boost aircraft seating market forecast.

North America can be credited for a substantial volume share in the aircraft seating market. The presence of major aircraft manufacturers across the region contribute to the position that North America holds in the market currently. Manufacturers are raising aircraft production by launching new production facilities to cater to the increasing demand of aircrafts. For instance, in April 2016, American Airlines had inked a purchase order of 47,787 Dreamliner aircrafts.

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Some of the most pivotal industry contenders helping to improve aircraft seating market outlook over the forecast period fall along the likes of Zim Flugsitz, Expliseat, Lufthansa Technik, Safran, Embraer Aero Seating Technologies, Geven, Collins Aerospace, Mirus Aircraft Seating, Recaro Aircraft Seating, JAMCO, Stelia Aerospace, and HAECO.

Some Points From Table Of Content: –

Chapter 5. Aircraft Seating Market, By Class

5.1. Global aircraft seating industry share by class, 2018 & 2025

5.2. First Class

5.2.1. Global market estimates and forecasts, 2013 – 2025

5.2.2. Market estimates and forecast, by region, 2013 – 2025

5.3. Business Class

5.3.1. Global market estimates and forecasts, 2013 – 2025

5.3.2. Market estimates and forecast, by region, 2013 – 2025

5.4. Premium Economy Class

5.4.1. Global market estimates and forecasts, 2013 – 2025

5.4.2. Market estimates and forecast, by region, 2013 – 2025

5.5. Economy Class

5.5.1. Global market estimates and forecasts, 2013 – 2025

5.5.2. Market estimates and forecast, by region, 2013 – 2025

5.6. Others

5.6.1. Global market estimates and forecasts, 2013 – 2025

5.6.2. Market estimates and forecast, by region, 2013 – 2025

Chapter 6. Aircraft Seating Market, By Fit

6.1. Global aircraft seating industry share by fit, 2018 & 2025

6.2. Line Fit

6.2.1. Global market estimates and forecasts, 2013 – 2025

6.2.2. Market estimates and forecast, by region, 2013 – 2025

6.3. Retrofit

6.3.1. Global market estimates and forecasts, 2013 – 2025

6.3.2. Market estimates and forecast, by region, 2013 – 2025

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Assembly Machine Market Outlook by Type, Application, Geographic Analysis, Major Stockholders and Forecast to 2025

Assembly machine market share has been driven considerably by the product’s ability to improve production and potential to enable manufacturers with optimal supply chain. Both automated and manual assembly lines enhance efficiency, quality, and productivity of manufacturing whilst decreasing cycle time and labor costs. These benefits have led companies to integrate their products with innovative technologies to improve reliability and productivity in assembly processes. Assembly machine industry forecast report expects global market revenue will surpass $9 billion by 2025.

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In healthcare sector, tools, equipment, and medicine are required to be particularly designed to function properly which augments assembly machine market outlook. Assembly machines help to develop processes in healthcare facilities. These machines can drill, bend, polish needles, assemble syringes and catheters, and barb and form structures. Creating these tools by hand requires labor and the process is time-consuming which slows down the overall work cycle. By using assembly machines, manpower can be lessened significantly, and manufacturing of tools, equipment, and utensils can be expanded.

Amplifying usage of small plastic components by healthcare specialists has been persuading producers to adopt latest plastic molding technologies to enhance quality, cut production costs, and increase output. They are executing novel technologies to assemble small plastic parts such as inhalers, filters, valves, pumps, tubes, syringes, and other medical products.

For example, in September 2017, SINTECO, a special machines and robotic lines supplier for testing and assembly for medical applications, has reportedly announced that it has launched Medtech machine. The machinery is administered by SCADA and PLC systems. Such supporting factors have been enhancing assembly machine market trends over 2019-2025.

Manufacturers throughout the world have been concentrating on increasing their profitability and decreasing operating costs. The utilization of fully automatic assembly machine enables reorganization of the production process and allows mass manufacturing for producers, lowering production errors. Assembly machines cut energy costs owing to low heating requirements and offer extreme efficiency in assembly procedures.

Fully automated processes surge productivity and accuracy in manufacturing operations and help to expand assembly machine market outlook. These machines are being progressively adopted for medical or pharmaceutical device assembly. Assembly machine manufacturers in healthcare sector require to keep on the federal regulations for manufacturing of medical devices.

In 2018, Asia Pacific held about 40% of the global assembly machine market share. The manufacturing sector in nations including India and China has been supported by low manufacturing and labor costs, good infrastructure, mechanically skilled workforce, and huge investments from manufacturers. Augmenting digitization throughout the APAC region allows manufacturers to develop and scale their productions while lowering costs.

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For example, in November 2017, the Singapore Government has reportedly announced the Smart Industry Readiness Index (SIRI), to propel growth of firms in the Industry 4.0 revolution. Likewise, countries such as Indonesia and Thailand have introduced their own Industry 4.0 initiatives to enhance the quality of manufacturing companies. These initiatives by the governments and efforts by assembly machine manufacturers will significantly contribute to in augmenting Asia Pacific assembly machine market outlook.

Some Points From Table Of Content: –

Chapter 4. Assembly Machine Market, By Type

4.1. Key trends by type

4.2. Manual

4.2.1. Market estimates and forecast, 2015 – 2025

4.3. Semi-automatic

4.3.1. Market estimates and forecast, 2015 – 2025

4.4. Fully automatic

4.4.1. Market estimates and forecast, 2015 – 2025

Chapter 5. Assembly Machine Market, By Application

5.1. Key trends by application

5.2. Automotive

5.2.1. Market estimates and forecast, 2015 – 2025

5.3. Cosmetics

5.3.1. Market estimates and forecast, 2015 – 2025

5.4. Electronics

5.4.1. Market estimates and forecast, 2015 – 2025

5.5. Food & beverage

5.5.1. Market estimates and forecast, 2015 – 2025

5.6. Healthcare

5.6.1. Market estimates and forecast, 2015 – 2025

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Intelligent Vending Machine Market 2020 Global Trend, Segmentation and Opportunities Forecast to 2024

Observing the intelligent vending machine market trends and the future potentials for the technology, heavyweights from various industries have started to invest in the market besides adding innovative ways to help it grow

Amid soaring concern pertaining to climate change, intelligent vending machine market players are vying to address the issue and acknowledge ‘go-green’ approach. In light of it, preeminent players in the ecosystem are introducing eco-friendly and recycling vending machines that are expected to cater to the needs of stakeholders. As such, predominant players, including Coca-Cola have come up with smart vending machines that are integrated with the recycling technologies. The intelligent vending machine market will potentially hit US$30 billion by 2024.

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With the help of vending machines however, customers can cut the queue and buy products that include cannabis flower, extracts, edibles, CBD products and accessories. The machine even describes products and its effects and suggests products to customers. It verifies customer’s identification and determines age using facial recognition technology and accepts payment with either a debit card or Apple Pay. Intelligent vending machines have transformed many aspects of life and this machine aims to do the same for the cannabis industry.

Vending machines have come a long way from their basic design and now are equipped to perform a lot more than dispense items and provide change. At present vending machines are designed to not only provide items requested but provide nutritional or other information about the items, interact with the customer to make suggestions about the purchase and even prepare fresh food. For example, in Italy a pizza vending machine called Let’s Pizza has been developed that prepares customized pizzas in less than 3 minutes. A window in the front allows customers to watch the flour being kneaded, the rolling of the pizza disc, spreading of the tomato paste and other ingredients and the finished creation baked in infra-red rays. The growth of the intelligent vending machine market is being driven by smart technology that brings together the convenience and availability of instant transactions with the tailored, entertaining and connected retail experience that customers have come to expect.

Observing the intelligent vending machine market trends and the future potentials for the technology, heavyweights from various industries have started to invest in the market besides adding innovative ways to help it grow. For instance, the Coca-Cola Company developed an intelligent vending machine that can recycle plastic bottles and cans. The VenCycling, as it is called, not only dispenses Coca-Cola drinks, but also accepts the used packaging besides performing other intelligent functions such as utilizing facial recognition and voice interactive system to make purchasing recommendations and making recycling a variety of Coca-Cola beverage packages more efficient. The machine also provides incentives to consumers who take the effort to recycle.

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Considering the fact that vending machines have come a long way from being basic product dispenser and that the Internet of Things, sensor technology, big data analytics and machine learning have brought a sea of change in how machines function, the intelligent vending machine market is expected to thrive over the coming years, gaining impressive traction and profits.

Some Points From Table Of Content: –

Chapter 4.   Intelligent Vending Machine Market, By Product

4.1.  Intelligent vending machine market, Key trends by product

4.2.  Beverage

4.2.1. Market estimates and forecast, 2013 – 2024

4.3.  Food

4.3.1. Market estimates and forecast, 2013 – 2024

4.4.  Tobacco

4.4.1. Market estimates and forecast, 2013 – 2024

4.5.  Others

4.5.1. Market estimates and forecast, 2013 – 2024

Chapter 5.   Intelligent Vending Machine Market, By Application

5.1.  Key trends by application

5.2.  Retail sites

5.2.1. Market estimates and forecast, 2013 – 2024

5.3.  Public transport hubs

5.3.1. Market estimates and forecast, 2013 – 2024

5.4.  Offices/Institutions

5.4.1. Market estimates and forecast, 2013 – 2024

5.5.  Others

5.5.1. Market estimates and forecast, 2013 – 2024

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Offshore Wind Energy Market Overall Growth, Major Industry Leaders and Future Insights to 2024

Accounting for over one-third of the total European offshore wind potential, the UK offshore wind energy market is another potential hotspot for wind developments. The region constitutes the world’s largest offshore wind farm – London Array, producing 630 MW of clean electricity that is enough to power more than half a million of homes a year. The 500 MW Greater Gabbard offshore wind farm, touted as the second largest offshore wind farm in terms of installed capacity, is also located in the UK.

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Ørsted, a renowned Denmark based energy firm, has recently announced that the construction has begun on an even bigger wind farm, officially called as Hornsea Project One, which is slated to be operational by 2020. Upon completion, this plant will be capable of supplying clean energy to more than 1 million homes. Quiet overtly, such robust investments in the UK & Germany offshore wind energy industry has impelled Europe to contribute substantially to the global offshore wind power, while simultaneously establishing itself as a lucrative hub for investments. Reportedly, the UK offshore wind energy market was worth more than USD 8 Billion in 2017.

Offshore wind energy industry is further gaining exceptional traction from the tech behemoths showing their interests in harnessing clean energy. Microsoft, for instance, has recently signed an agreement with GE to purchase electricity from its wind farm and power its cloud data centers in Ireland. The Silicon Valley bigshots Apple & Facebook are already in this league harnessing clean power and pledging its operations to be 100% from the renewable energy sources. Moreover, Google in the year 2010 has also thrown its financial clout behind new wind farms off the U.S East Coast.

The global offshore wind energy market has been ablaze with a number of projects that have lately commenced power production. Recently, for instance, following the installation of its first 7 MW turbines, Scotland’s biggest offshore wind farm has sent power to the National Grid for the first time towards the end of July 2018. The whole project is scheduled for completion by spring of 2019, and is expected to generate enough power to supply the equivalent of 450,000 households.

Considering the above-mentioned instances, there is no doubt that the fledging offshore wind energy industry is finally reaching maturity, promising gigawatts of reliable and clean energy and billions in economic and investment opportunities. In fact, wind is touted as one of the fastest-growing renewable energy sources in the world and has become a viable electricity generating source in more than 80 countries worldwide. Analysts deem that the developments in technology have paved the way for more reliable and effective equipment and machinery, which has resulted in the growth of the global offshore wind energy market.

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This changing competitive scenario is further likely to enrich the growth dynamics of global offshore wind energy market in the coming years. The global offshore wind energy market to surpass USD 60 billion by 2024.

Some Points From Table Of Content: –

Chapter 5.  Offshore Wind Energy Market, By Depth

5.1. Offshore wind energy market share by depth, 2017 & 2024

5.2. 0 – 30 m

5.2.1.   Market estimates and forecast, 2013-2024

5.2.2.   Market estimates and forecast, by region, 2013 – 2024

5.3. 30 – 50 m

5.3.1.   Market estimates and forecast, 2013-2024

5.3.2.   Market estimates and forecast, by region, 2013 – 2024

5.4. > 50 m

5.4.1.   Market estimates and forecast, 2013-2024

5.4.2.   Market estimates and forecast, by region, 2013 – 2024

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Power Optimizer Market Competitive Dynamics and Global Outlook 2025

The residential construction sector has been touted to emerge as an invaluable growth hub for power optimizer market. This can aptly be credited to the escalating number of schemes mandated by regional governments – such as incremental energy efficiency grants to support residential roof-top installations. The product has also gained traction in power optimizer industry on account of the rising influx of new, flexible module designs. Say for example in 2018, GreenBrilliance USA, a solar solution provider launched an AI-based solar power optimizer for residential homes called Neurobotz. As per reports, the system’s predictive analytics algorithm generated an optimal load curve and could effectively control the incoming power flow to significantly reduce the amount of electricity consumed in residential zones.

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Pertaining to the growing adoption of renewable energy in tandem with stringent regulations to curb CO2 emissions, the global power optimizer market is likely to traverse alongside a highly remunerative growth graph in the years ahead. Essentially a module-level power electronic (MLPE) device that can efficiently increase a PV solar panel system’s energy output and adjust DC characteristics to maximize energy yield, the product has become a technologically essential component in many residential, commercial and utility-scale solar system designs.

By utilizing modules that are integrated with power optimizers, system designers can now reduce the overall power loss from interrupting shade obstructions, thus protecting the systems from long-term module mismatch owing to uneven soiling or debris. Several PV module OEMs are also incorporating this next generation DC performance optimization technique to gain an edge in the power optimizer industry, further pushing the power optimizer market trends.

Advancements such as the aforementioned are anticipated to pave the way for next-gen solar energy systems, thereby impelling power optimizer market growth. Driven by the robust technological advancements in product design and development and the advantages provided by government subsidies, market size from residential applications has been estimated to cross annual installations of more than 10 million units by 2025.

Apart from GreenBrilliance, some of the other pivotal players in power optimizer market include SolarEdge, SMA Solar, Altenergy, Ampt, Tigo, Huawei, Kuby Renewable Energy, igrenEnergi, Maxim Integrated, Darfon Electronics, Texas Instruments, Alencon, ABB, Mornsun, Xandex, Ferroamp and Fronious. Companies have been consistently investing in R&D programs and have been looking out to tap the latest technologies to gain an edge in the industry. Last year in September for example, Panasonic Eco Solutions and SolarEdge Technologies launched the HIT S Series Module – an all-new premium smart module, optimized by SolarEdge, for the U.S. residential market. Reportedly, the  module is indicative of the integration of the leading solar technology from both Panasonic and SolarEdge in order to accelerate solar module installation and ensure more power delivery to homeowners.

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Power optimizers are irrefutably essential in almost all PV panel systems to attain ensure stable performance, particularly in partially shaded environments. Powered by the product’s robust deployment across the residential, commercial and utility-scale solar designs and escalating technological advancements, power optimizer market is likely to cross 30 million units in terms of annual installations by 2025.

Some Points From Table Of Content: –

Chapter 4    Global Power Optimizer Market, By Connectivity

4.1    Global power optimizer industry share by connectivity, 2018 & 2025

4.2    Standalone

4.2.1    Global market from standalone, 2014 – 2025

4.2.2    Global market from standalone, by region, 2014 – 2025

4.3    On-grid

4.3.1    Global market from on-grid, 2014 – 2025

4.3.2    Global market from on-grid, by region, 2014 – 2025

Chapter 5    Global Power Optimizer Market, By Converter

5.1    Global power optimizer industry share by converter, 2018 & 2025

5.2    Buck

5.2.1    Global market from buck, 2014 – 2025

5.2.2    Global market from buck, by region, 2014 – 2025

5.3    Boost

5.3.1    Global market from boost, 2014 – 2025

5.3.2    Global market from boost, by region, 2014 – 2025

5.4    Buck – boost

5.4.1    Global market from buck – boost, 2014 – 2025

5.4.2    Global market from buck – boost, by region, 2014 – 2025

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Mobile Mapping Market Drivers, Restraint & Future Growth Outlook to 2024

The increasing importance for geospatial technologies has also been encouraging the players in the mobile mapping market to carry out vigorous research and development activities for capturing more business space. For instance, the Italy based SITECO Infomatia SRL has been proactive in developing varieties of products from road-scanners to pave-scanners. In 2018, it has launched software assisted mobile mapping devices. The integration of software and LiDAR system has helped the company to enhance the performance of mobile mapping platform. The widespread availability of multi-scanners and high-performance mobile mapping platforms is slated to propel the industry growth over the years ahead.

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In addition to higher performance, cost-effectiveness is also one of the major factors promoting mobile mapping market. As of now, Google is one of the leading contributors of navigation applications, but due to rise in subscription amounts for accessing its Google Maps, other contributors in mobile mapping market have been able to race ahead with the launch of low-cost navigation features. For instance, a few days before, a digital mapping company, TomTom has started offering free software development kits to Android and iOS users to access maps and traffic information for free. Such initiatives will help IoT companies and autonomous vehicle manufacturers to load the traffic and routing data free of cost.

The increasing importance for geospatial technologies for visualizing and analyzing geospatial data has stimulated mobile mapping market trends. The advent of new technologies such as Lidar, AI, and IoT has also significantly transformed mobile mapping technology over the last few years. With more innovations across this technology, it has become easier and effective to carry various tedious projects like urban development, rail-road creation, and power plant construction across inaccessible areas. Thus, the increasing use of this technology to survey numerous mobile platforms is poised to propel mobile mapping market share.

The involvement of companies in novel product development activities for high efficiency and productivity will have a notable impact on the business over the years ahead. In the last few years, companies have come up with a diverse set of products that can deliver remarkable benefits to users and asset owners. Validating the aforementioned fact, in February 2018, the California based software development company, Trimble developed a next-generation mobile mapping system, which has been designed with multi-camera imaging, mobile lidar system, and field software. This newly launched Trimble MX-9 mobile mapping technology has the capability to capture 360-degree immersive geo-referenced imagery with the help of already installed laser scanning sensors, GNSS technology, and spherical camera. The improved accessibility of such newly developed mobile mapping devices via smartphones and tablets will augment the growth of mobile mapping market.

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The advancement in consumer electronics and shifting trends toward the deployment of autonomous vehicles for the betterment of the environment will have a positive influence on the mobile mapping industry share. As of now, most of the automotive companies have been involved in the development of highly modernized infotainment systems for improving the driving experience that is likely to enhance the product demand. In accordance with the expanding end-use sectors, the strategies adopted by the key player will help them to strengthen their business position over the years ahead. Reportedly, driven by new product launches, mobile mapping market will generate a revenue more than USD 40 billion by the end of 2024.

Some Points From Table Of Content: –

Chapter 6.   Mobile Mapping Market, By Application

6.1.  Key trends, by technology

6.2.  Asset management

6.2.1. Market estimates and forecast, 2013 – 2024

6.2.2. Market estimates and forecast, by region, 2013 – 2024

6.3.  Vehicle control and guidance

6.3.1. Market estimates and forecast, 2013 – 2024

6.3.2. Market estimates and forecast, by region, 2013 – 2024

6.4.  GIS data collection

6.5.  Road & railroad surveys

6.6.  Others

Chapter 7.   Mobile Mapping Market, By End-use

7.1.  Key trends, by end-use

7.2.  Transport & logistics

7.2.1. Market estimates and forecast, 2013 – 2024

7.2.2. Market estimates and forecast, by region, 2013 – 2024

7.3.  Government & public sector

7.3.1. Market estimates and forecast, 2013 – 2024

7.3.2. Market estimates and forecast, by region, 2013 – 2024

7.4.  BFSI

7.5.  Real estate & infrastructure

7.6.  Telecommunication

7.7.  Retail

7.8.  Mining

7.9.  Agriculture

7.9.1. Market estimates and forecast, 2013 – 2024

7.9.2. Market estimates and forecast, by region, 2013 – 2024

7.10.   Others

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Autoimmune Disease Diagnostics Market Global Analysis, Share and Forecast 2019 – 2025

Autoimmune Disease Diagnostics Market

Autoimmune Disease Diagnostics Market will exceed USD 16.0 billion by 2025; as per a new research report.

Increase in prevalence of systemic and localized autoimmune diseases should drive global autoimmune disease diagnostics market during the forecast period. Based on American Autoimmune Related Diseases Association (AARDA) more than 50 million Americans are affected by autoimmune disorders and the number is expected to increase at an alarming rate over the coming few years. Furthermore, these diseases are predominantly occurring in women and the prevalence is 75% more than the men as per AARDA leading to become one of the top ten causes of mortality in women across all age groups.

With more than 50 million people suffering from autoimmune diseases in the U.S. alone, there is a stronger need to focus on the strategies to cater to such diseases and the cost burden associated with it. Presence of favorable government initiatives to facilitate healthcare spending pertaining to autoimmune disorders is one of the major profit-rendering drivers for the global market growth over the forecast period.

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Localized autoimmune disease diagnostics market accounted for more than 66.0% revenue share in 2018. Increasing demand for diagnostics kits and assays owing to the high prevalence of autoimmune disorders such as Hashimoto’s thyroiditis, type 1 diabetes and pernicious anemia are factors propelling business growth. Rising patient awareness levels due to government efforts is yet another factor contributing to segmental revenue growth over the forecast period.

The systemic autoimmune disease diagnostics is projected to grow at a robust CAGR of 3.9% over the forecast timeframe. Technological advancements such as development of multiple autoantibodies screening tests enable early disease diagnosis and treatment stimulating market growth.

U.S. dominated the North America autoimmune disease diagnostics market and was valued at around USD 5,003.0 million in the year 2018. Presence of sophisticated healthcare facilities, high awareness pertaining to benefits of the early and accurate diagnosis, and higher healthcare expenditure levels in the country will accelerate the U.S. autoimmune disease diagnostics market during the forecast period. Asia Pacific will grow swiftly during the forecast period owing to rapidly increasing patient pool, greater awareness pertaining to autoimmune diseases, and growing healthcare industry in emerging Asian economies.

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The major industry players in the autoimmune disease diagnostics market are Abbott Laboratories, Siemens AG, Beckman Coulter Inc., Quest Diagnostics, SQI Diagnostics, Bio-Rad Laboratories, Inc, EUROIMMUN, AESKU Diagnostics, Inova diagnostics Inc. and bioMerieux SA. These key industry players focus on certain strategic decisions that help them to sustain tough competition in the market. Companies focus on improvising and adding value to the product portfolio that enhance the performance and hence will increase the demand of products.

Animal Parasiticides Market Comprehensive Analysis, Growth Forecast from 2019 to 2025

Animal Parasiticides Market

Animal Parasiticides Market will exceed USD 7.0 billion by 2025; as per a new research report.

Rising animal healthcare expenditure coupled with growing adoption of companion animals will act as high impact rendering factor for growth of animal parasiticides market. According to the American Pet Products Association’s 2017-2018 National Pet Owners Survey, nearly 60.2 million U.S. households own a dog as pet. Rising number of veterinary practitioners and growing demand for animal derived food products will further propel industry growth.

Rising incidence of zoonotic diseases has stimulated demand for superior products to control disease prevalence. The growing income levels of veterinary practitioners, availability of disposable income and rising awareness about zoonotic diseases will positively impact animal parasiticides market growth over the forecast timeframe. Increasing research grants for developing animal parasiticide products will drive animal parasiticides market over the foreseeable future.

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Numerous initiatives undertaken by domestic governments to reduce the spread of zoonotic diseases coupled with preventive measures taken by pet owners to safeguard their pets from various conditions will drive the industry growth. Additionally, growing demand for animal derived proteins will positively impact the animal parasiticide products market growth. However, excessive cost associated with R&D, restrictions related to use of parasiticides in few animals and stringent approval procedure will hamper growth of animal parasiticides market to certain extent over the coming years.

Easy operative pour-ons, sprays and spot-ons contribute significantly to the growth of ectoparasiticides market to reach USD 2.8 billion by 2025. Effective results delivered by ectoparasiticide formulations as compared to others coupled with growing demand will drive ectoparasiticides market over the forthcoming years. Dual functionality of endectocides will stimulate its future demand.

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Farm animals parasiticide market is anticipated to grow by 4.6% during the forecast period. Increasing demand for animal derived food products, proteins along with growing consumption of meat will drive the farm animals parasiticides market. Rising awareness about zoonotic diseases and rise in animal healthcare expenditure will positively impact industry growth.

U.S. dominated the global industry in 2018 by accounting for over 20% revenue share of global animal parasiticides market. The growing adoption of companion animals, rise in animal healthcare expenditure due to increasing disposable income and growing number of veterinary practitioners in the U.S. will drive the country’s animal parasiticide market. Further, growth of animal farming industry will positively impact the U.S. animal parasiticides market.

China animal parasiticides market will witness 8.0% CAGR during the forecast period. Increasing animal healthcare expenditure, growing demand for animal derived proteins and food products and rise in disposable income of pet owners will drive China animal parasiticides market. Growing penetration of animal health companies in the country will further propel the industry growth.

Some of the notable industry players functioning in animal parasiticides market are: Merck, Virbac, Zoetis, Bayer, Ceva Sante Animale, Elanco, Vetoquinol, Boehringer Ingelheim, and Perrigo Company PLC. These market players majorly focus on developing superior products to serve to the growing demand for animal parasiticidal formulations. Geographical expansion, partnerships and mergers and acquisitions are major strategies adopted by these companies.

Osseointegration Implants Market Size, Share 2019: Global Industry Current Trends, Top Companies, Application, Growth Factors, Development and Forecast to 2025 Research Report

Osseointegration Implants Market

Osseointegration Implants Market will reach over USD 8.6 billion by 2025; as per a new research report.

Osseointegration implants is the most widely chosen surgical technique relative to several other conventional methods due to its multiple benefits and low side-effects. It primarily enhances stabilization and eliminates post-operative recovery time. A Swedish biomaterial firm, launched new implant coatings advanced with nanotechnology, that offers mechanical stability to implant coatings with least risk of delamination. In addition, increasing number of people suffering from spinal, bone & joint disorders, rising number of trauma cases, road accidents and increasing number of veterans suffering from combat-related injuries, will collectively accelerate osseointegration implants business growth during the projection period.

Increasing prevalence of dental abnormalities and increased government funding for research and development of osseointegration implants will have a major impact on global osseointegration implants market growth over the forecast period. As per the WHO, around five million people suffer from dental caries across the world. In low-income countries, the prevalence of dental disorders is very high and around 90% of these conditions remain untreated. In addition, factors such as rising elderly population base, inadequate or excess exposure to fluoride, tooth decay, halitosis and bad maintenance of oral hygiene are further increasing the patient population suffering from dental disorders, thereby driving osseointegration industry growth.

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Osseointegration implants for prosthetic attachment is acquiring wide acceptance globally as people with limb amputations are looking for feasible substitutes to traditional sockets. With rising demand for innovative devices, the market is estimated to progress rapidly as a result of innovative and flexible socket designs offered by these implants. However, stringent approval procedures for implants, high cost of implant surgeries, post-surgical side-effects and complications will hamper the business growth to some extent.

Dental osseointegration implants market is projected to witness considerable expansion at 7.8% CAGR over the forecast period. Growing prevalence of dental conditions and rising government funding for advancing dental implant research is largely contributing to the market growth. Also, rise in alcohol consumption & smoking significantly contributes to dental disorder incidence. Thus, growing pervasiveness of risk factors leading to dental diseases, improving infrastructure coupled with easy availability of full-time assistance for dental patients will significantly boost dental osseointegration implants market growth in the forthcoming period.

Zirconia osseointegration implants market accounted for around 44.9% revenue share in 2018. High biocompatibility, anti-erosion properties, thermal stability, ease in fixation, aesthetic appearance and effective load-bearing characteristics offered by these implants are the key factors leading to rapid uptake of zirconia osseointegration implants. Easy availability, high-biocompatibility and cost-effective nature of these implants will further impact the segment expansion over the coming years.

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Osseointegration implants in dental clinics accounted for more than USD 2.5 billion revenue share in 2018. Growing awareness about dental implants and rising demand for cosmetic dental procedures will considerably contribute to lucrative segmental growth. In addition, reimbursement for low-cost dental treatment procedure conducted in clinics is easily available to insured patients, in comparison with those conducted in hospitals, especially in developed nations. Rising awareness among people about advanced methods developed for dental treatment will further escalate the growth for dental clinics in upcoming years.

U.S. osseointegration implants market accounted for over 84.0% revenue share of the North America osseointegration implants market in 2018. Adoption of high-end dental procedures and high investment in research activities for osseointegration implants will boost the market growth over the estimation period. As per the study of American Association of Oral and Maxillofacial Surgeons, more than 69% of the population aged 35 to 44 years lose minimum one permanent tooth to an accident, gum disease, a failed root canal or tooth decay. Thus, increasing cases of spinal cord injuries, dental injuries and wide access to advance medical facilities will provide lucrative opportunities for the U.S. osseointegration implant market growth.

India osseointegration implants market is estimated to witness considerable progress at 9.0% CAGR during the forecast period. Expanding number of baby boomers, increasing prevalence of dental and orthopedic disorders along with increasing spending power will stimulate the Indian osseointegration implants market growth. In addition, expanding dental clinics and rising adoption of technologically advanced devices will impel Indian osseointegration implants market growth over the foreseeable future.

Few notable industry players operating in osseointegration implants market include: Camlog Implant Systems, Bicon, Danaher Corporation, Institut Straumann, Zimmer Biomet Holdings, Onkos Surgical, Promimic, Osstem Implant Co and Integrum, among other players. Market players are focusing on geographical expansion by adopting various strategies such as acquisitions, mergers, strategic collaborations and partnership strategies to gain significant market share and sustain market competition. For instance, in March 2019, Promimic AB announced strategic collaboration with Onkos Surgical for technical development of Hydroxyapatite Surface Technology, that will be utilized for Limb Salvage Surgery.

Worldwide Tubeless Insulin Pump Market 2019 Future Trends, Dynamic Growth & Forecast To 2025

Tubeless Insulin Pump Market

Tubeless Insulin Pump Market is expected to exceed USD 2.5 billion by 2025. Escalating number of diabetic patients coupled with rising preference for non-invasive treatments are leading to high demand for tubeless insulin pumps.

Some major findings of the tubeless insulin pump market report include:

  • The demand for tubeless insulin pump is increasing across the globe due to increasing technological advancements in insulin pumps for enhanced administration of insulin
  • Increasing government initiatives and symposiums to create awareness about efficient diabetes care in North America region is expected to drive the market growth
  • Increasing consumer preference for painless insulin administration is expected to provide lucrative opportunities to industry expansion

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  • Major players operating in the tubeless insulin pump market are Cellnovo Group SA, Medtrum Technologies Inc, Insulet Corporation, Roche Holdings AG and Johnson & Johnson etc. among other market players
  • Companies are introducing technologically advanced tubeless insulin pumps with app integration and Bluetooth wireless technology for accurate diagnosis and timely administration to gain competitive edge over the competitors
  • Tubeless insulin pump providers in developed countries are focusing on development of innovative insulin delivery pumps that are light-weight, closed-loop and delivers insulin continuously for upto few days

Rising prevalence of diabetes and comorbidities will accelerate the adoption of tubeless insulin pump systems for better care and treatment of the disease. According to the National Diabetes Statistics, approximately 30.3 million people suffered from diabetes in the U.S. in 2015. Thus, with increasing awareness coupled with growing incidence of diabetes, its risk factors & associated disorders will drive the adoption rate of tubeless insulin pumps in the forthcoming years.

Increasing government initiatives in order to raise awareness about diabetes management and reimbursement policies in developed countries is poised to impel the market growth. Government initiatives are further aiding tubeless insulin pump providers to track patient healthcare data and provide tubeless insulin pump treatment with subsidy to low-income population. However, lack of awareness about advanced treatment procedures and high long-term treatment cost will restrict its adoption rate, thus limiting the industry growth.

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Pod/patch tubeless insulin pump segment will witness over 24.0% CAGR over the forecast years. Benefits such as less pain involved and better convenience in insulin delivery will form the major factors for higher product preference. Companies are focusing on developing insulin insertion sets and high insulin reservoirs for topical distribution of insulin. For instance, Insulet Corporation announced launch of Omnipod DASH. This system provides Bluetooth wireless technology and mobile application base for easy monitoring of insulin. Such advantages coupled with growing number of products in developmental phase will boost the segmental expansion.

Pharmacies segment held an estimated revenue size of about USD 134.6 million in 2018, while the demand for tubeless insulin pumps in pharmacies is estimated to increase over the forthcoming years. The segment holds robust growth potential due to its greater accessibility to the patients and expanding number of pharmacies across the globe. Moreover, need for continuous care among diabetes patients and growing preference for novel devices for decreasing insulin injections on daily basis will further escalate the demand over the forthcoming years.

U.S. tubeless insulin pumps market will foresee rapid progress owing to growing adoption of tubeless insulin pumps by working professionals to ease insulin administration procedure and avoid pain. Several government initiatives & symposiums coupled with increasing awareness about diabetes care management aid in driving the adoption of advanced diabetes management devices. Moreover, market players operating in the country are majorly focusing on the developing high-end devices. Thus, with increasing innovations and entry of new market players, the U.S. tubeless insulin pumps industry will witness lucrative growth in the analysis period.

Companies are making large investment in advancing technology such as incorporating new diagnostic features and miniaturization in the device. Also, leading players are implementing novel product launch, collaborations and geographical expansion strategies to further facilitate higher profits and lucrative market share in the industry.

Increasing application in the pharmaceutical sector to boslter microcrystalline cellulose market outlook

Microcrystalline cellulose (MCC) market size is anticipated to witness considerable growth from the pharmaceutical sector. Increasing investments to commence various R&D activities have supported the demand for MCC by pharma companies. According to the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), cumulative R&D investment of USD 60 billion were recorded in the pharmaceutical industry of U.S. in the year 2016. Experts meanwhile suggest that this figures could rise further due to growing focus on driving new technological advancements and product innovations in the pharma sector.

It offers improved blending characteristics and aids in manufacturing cost-effective and distinctive formulations particularly in case of tablets. Considering these features, Global Market Insights, Inc., predicts that the microcrystalline cellulose market could record more than US$1.35 billion by 2026.

The advent of silicified microcrystalline cellulose (SMCC) has also aided the pharmaceutical landscape by improving the mechanical characteristics of medicines. Generally, SMCC offers high intrinsic flow, binding properties, compatibility and possesses high inherent functionality along with higher lubrication efficiency.

Generally, microcrystalline cellulose is made from wood and non-wood materials. Wood pulp is a major source of cellulose which is used in MCC manufacturing. Apparently, manufacturers of MCC are signing long term supply deals with end-use industries like pharmaceutical and food industries to enhance their supply chain. However, implementation of strict environmental norms are limiting the use of wood materials, compelling industry players to use non-wood sources to manufacture MCC.

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In terms of application landscape, the MCC market is extensively gaining traction across industries like pharmaceutical, food & beverages, paints & coatings and personal care. Out of these, the food and beverage industry is expected to contribute a significant market share as the product is widely used to improve the shelf life of food items. It acts as a suspension stabilizing agent, averting sedimentation of insoluble materials in dairy items. Evidently, due to its non-reacting nature with milk proteins, microcrystalline cellulose has gained significance in the dairy industry.

Meanwhile, the personal care and cosmetics sector is observing substantial demand for MCC. Escalating demand from such sectors has eventually created a demand-supply gap among numerous end-user industries. In order to cope up with ever-increasing demand, industry participants are momentously expanding their production capacities. Reportedly, Mingtai Chemical Co. Ltd, Accent Microcell Pvt. Ltd., Sigachi Industrial Pvt.Ltd. and FMC Corp are some of the key industry players in MCC market.

As per regional landscape, Asia Pacific microcrystalline cellulose industry is likely to experience robust growth pertaining to rising urbanization and industrialization. This expansion has propelled the demand for paint & coatings items. Moreover, presence of developing countries like Thailand, Indonesia, Vietnam, and Malaysia would play a pivotal role in advancing the growth trends of APAC microcrystalline cellulose market.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Flexible Foam Market share from furniture segment is estimated to register notable gains till 2025

Global flexible foam market size is predicted to witness remarkable growth in the forthcoming years owing to the rise in disposable income among people which steers the demand for luxury beddings and other consumer goods. The use of the product in various industries such as furniture and upholstery, packaging, construction and transportation will positively influence flexible foam industry outlook in the coming years.

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Frontrunners in the Flexible Foam Market:

BASF SE, Covestro AG, JSP Corporation, The DOW Chemical Company, Huntsman International, Rogers Corporation, Woodbridge Foam Corporation, Recticel, SEKISUI CHEMICAL Co. Ltd., ZOTEFOAMS, INOAC Corporation, Vita Cellular Foams, ORSA foam Spa, Carpenter Co, Kaneka Corporation, Changzhou Xingang Plastic Products Co. Ltd., Greiner Foam International, Sheela Foam, American Excelsior Company

 

Demand for memory and viscoelastic foam in mattresses and bedding products coupled with the burgeoning flexible packaging industry owing to improved protection against movement during shipping will fuel the market growth. Moreover, increased efforts of the manufacturers towards providing lightweight and fuel-efficient vehicles will support the production of flexible foams.

 

Durability, improved safety, high resiliency, lightweight and comfort are some of the pivotal factors increasing the application of the product across several industries. Growing aim of the manufacturers to develop bio-based materials will complement the product demand.

 

Surging penetration of the internet worldwide has led to the dependence on e-commerce owing to the availability of a variety of products, convenience in shopping, reduced prices and growing reachability.

Development in products such as viscoelastic flexible foams providing improved comfort and moisture resistance will supplement flexible foam market size over the years.

 

Polyurethane is witnessing widespread demand owing to its significant use in numerous sectors such as cushioning in beddings, automotive interior components, lightweight automotive parts and thermal insulation items in buildings. Lightweight vehicles have gained more focus due to lower emissions, which will help meet carbon reduction targets.

 

In 2018, polyurethane segment held more than 60% of the total flexible foam market size. Lower installation time, enhanced shelf life, lightweight, improved cushioning, durability and superior resiliency are some of the vital characteristics of the material.

 

Increasing consumer spending capacity demanding innovations in various consumer products such as premium cushion technology in emerging nations such as South Africa, India and UAE will facilitate a robust business outlook from the furniture end-use.

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Flexible foam market share from furniture and upholstery segment is estimated to register notable gains of 6% CAGR between 2018-2025.

Constant technological developments to meet the changing consumer demands in the furniture segment has led to the development of viscoelastic products by leading industry participants that render superior protection from allergens and microorganisms, longer product life and better durability. Innovations and the use of technology in the furniture and upholstery segment will bolster the global flexible foam market forecast.

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Pour Point Depressants Market is showing huge gain from automotive setor

Pour point depressants market size has been witnessing an unprecedented growth rate over the last few years owing to increased production of passenger cars coupled with growing consumer focus towards fuel-efficient vehicles. Continuous oil & gas exploration activities to support the demand for lubricants and fuel has surged the consumption of pour point depressants (PPDs). Technological innovations have also stimulated development of products suited for deployment in challenging environments and high temperature applications. Global Market Insights, Inc. has estimated that pour point depressants market will exceed USD 935 million in valuation by 2025.

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Frontrunners in the Pour Point Depressants Market:

Several players in the industry are evolving and expanding their business landscape, participating in collaborations and launching novel products for gaining augmented market share. Prominent names constituting PPD industry’s competitive hierarchy include Lehmann & Voss, Clariant, Chevron, Sanyo Chemicals, Croda, and Lubrizol, among others. A significant number of these companies are involved in boosting investments in new products and undertake continuous R&D initiatives to meet consumer demand and endorse the benefits of PPD.

 

Rising concerns pertaining to vehicles emissions has led to the proliferation of the dual-clutch technology, which offers improved fuel efficiency. Substantial focus on maintenance and servicing of automotive products & equipment has compelled manufacturers to develop high quality fuel additives, which will be a major factor influencing pour point depressants market outlook over the forecast period. Widespread use in the production of auto fluids as well as hydraulic, bearing and gear oils will generate considerable demand for the substances.

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Increasing demand for additives in oil drilling and extraction equipment will offer a tremendous boost to the thriving pour point depressants industry trends in Europe. Manufacturers in the region are extensively taking advantage of the booming oil & gas opportunities and enhanced drilling technologies, in turn fuelling the demand for PPD products. Producers are adopting PPD as additives used in jet fuels as they have proved to be an efficient way to prevent ice crystal formation which hampers the fuel flow system. Production of high-quality fuel additives and will positively transform Europe pour point depressants market outlook to support the increased air traffic in the region.

 

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Rapid expansion of construction activities across the globe and what it means for the hydrophobic coatings landscape

Hydrophobic coatings refer to a nanoscopic coating that has the tendency to repel or fail to mix with water. In essence, hydrophobic coatings are materials used to protect surfaces from water.

Hydrophobic coatings materials have a multitude of advantages including enhanced resistance to moisture and corrosion, dirt retention, scratch resistance, extended life expectancy of the coating as well as self-cleaning properties.

Hydrophobic coatings applications span across various surfaces including metal, glass, concrete, plastic, ceramics, wood, mineral undercoats and more.

The hydrophobic coatings market from the construction application is poised to gain immense traction in recent years owing to the robust use of the product in enhancing the thermal and insulation performance of buildings and infrastructure.

Hydrophobic coatings and their impact on construction & infrastructure

Exterior building maintenance is an integral but challenging function of the construction industry. Building exteriors are exposed to several pollutants in the form of rain, chemicals, exhaust, dirt, soil and more, which can cause damages and malfunctions as well as spoil aesthetic appeal of the building.

Nanocoatings prove to be extremely useful in this regard. Hydrophobic coatings are used extensively across the construction industry on building surfaces including doors, windows, walls, etc., thereby presenting new avenues for more sustainable and eco-friendly buildings.

Hydrophobic coatings materials not only protect surfaces but also facilitate easier cleaning. They create a protective layer which is bound to the base layer, which in turn creates a more fortified surface possessing the desired functional and resistant properties.

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Hydrophobic coatings applications are of great interest in the building domain, mainly due to their host of advantageous properties including air quality improvement, anti-bactericidal effects, moisture behavior, thermal properties, energy efficiency, and self-cleaning, among others.

For instance, a new non-toxic, VOC-free water-based hydrophobic coating, dubbed EverPel is being widely utilized for bridge and infrastructure applications in California and Hawaii, in order to mitigate the risk of corrosion. The nanocomposite product has a twofold advantage; it is able to arrest the existing corrosion as well as act as a protective barrier to future risks of corrosion or chemical attacks on the base surface. EverPel has withstood corrosion in over 1000+ hours of tests in ASTM B117 (saltwater fog chamber) conditions.

Shift towards a more sustainable outlook for hydrophobic coatings industry

At present, most of the hydrophobic materials used for industrial applications are produced using fluorinated synthetic materials. These raw materials are considered to be significantly hazardous to human as well as environmental health, which has prompted hydrophobic coatings industry players to explore safer and more ecologically sound production routes, with minimal fluorinated compound usage. This in turn has led to a renewed focus on the development of more bio-based nanocoatings.

However, the development of hydrophobic coatings using organic ingredients and environment friendly solvents like water is quite challenging, particularly when other factors like reproducibility, durability, cost effectiveness, easy application, etc. are taken into account.

Researchers are making significant strides in order to develop a solution to this dilemma. For instance, a professor from the Genova-based Italian Institute of Technology, Ilker Bayer has experimented with producing hydrophobic and superhydrophobic smart coatings using a combination of beeswax and water. This nanocoating innovation is considered as an effective PCM (phase change material) made from natural materials based on the emulsion concept, with the ability to store latent heat. The material is emulsified in a waterborne non-toxic acrylic dispersion, which makes it highly stable and can be applied using a brush or through spray.

Additionally, IIT Hyderabad has also introduced a new way to develop water repellant structures using fly ash, an industrial waste product. This hydrophobic coating material is designed to mimic the water-resistance characteristics of natural elements like rose petals and lotus leaves. It serves a dual purpose, as it demonstrates potential across various industrial applications including anti-sticking surfaces for antennae, stain-resistant textiles, anti-soiling architectural coatings, self-cleaning coatings for automobiles and anti-fouling paints, among others.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Decabromodiphenyl Ether Market from textile sector to register substantial gains over 2020 – 2025

Burgeoning demand for flame-retardant products across the textile, plastics & electrical & electronics industry may stimulate decabromodiphenyl ether market outlook. The product usually consists of 80% bromine which is combined with antimony oxide that serves as a synergist.

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Frontrunners in the Decabromodiphenyl Ether Market:

 

Considering business landscape, companies such as TOSOH Corporation, Shouguang Weidong Chemical, Acuro, Toronto Research Chemicals, SULI Co. Ltd., ICL-IP Europe, Shandong Haiwang Chemical Co. Ltd., AccuStandard, UNIBROM Corp., Avanschem, and Wingar Fengtai Chemical are currently at the forefront of the global decabromodiphenyl ether market.

Based on purity, the decabromodiphenyl ether (decaBDE) industry is classified into 83% and 97% forms. Out of these two, decaBDE products with 83% purity are expected to witness considerable demand in the forthcoming years. As per a report, in 2018, the segment was valued at over USD 230 million, primarily due to its widespread applications in electronic gadgets and home appliances like vacuum cleaners and washing machines. These products are manufactured from high-density polymers like PP, PPE, or PE that are used in small electrical parts like wires & cables, decorative lights, and light sockets.

Meanwhile, decabromodiphenyl ether with 97% purity is extensively used in the textile sector. Textile manufacturers commonly use decaBDE to meet the flammability standards. The product is usually applied on the back of fabrics as a coating that consists of EVA copolymer and antimony. On this note, studies suggest that 97% decaBDE ether market may record 4% CAGR over the forecast timeframe.

Considering the end-user segment, the decabromodiphenyl ether market from the building and construction wires segment is projected to surpass USD 30 million by the year 2025. DecaBDE is extensively used in roof and wall panels that are made up of UPE glass composites.

The product plays a pivotal role in the formation of insulation materials, foamed polyolefins, and roofing materials which involve membranes and films that are used under a roof to safeguard building areas. This could significantly broaden the product usage in years to come.

With surging applications across several sectors, Global Market Insights, Inc., predict that the global decabromodiphenyl ether market could surpass USD 430 million by 2025.

On the regional front, North America decaBDE market is expected to accrue sizable growth construction industry. Driven by the United States and Canada, the regional market may record around 4% CAGR over the forecast timeframe.

Burgeoning construction activities across North America may boost the demand for decaBDE products in pipes and commercial-grade carpeting. Meanwhile, application in elements like duct covering or insulation may further nourish North America decaBDE industry share.

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Europe decaBDE market is also anticipated to generate lucrative returns for industry participants. Countries like the UK, France, and Germany are anticipated to lead the regional market that is projected to surpass USD 60 million by the year 2025. Requirement for affordable and reliable automobiles components could accelerate product’s penetration in the automotive sector of Europe.

 

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Hypochlorite Bleaches Market to achieve considerable growth from water treatment sector

hypochlorite bleaches market

As per the latest research report, Hypochlorite Bleaches Market size exeeded USD 200 million in 2018 and will cross USD 340 million by 2025.  Hypochlorite bleach is a resultant sodium salt from the dissolution of hypochlorous acid in water with chlorine and oxygen molecular ions.

Calcium hypochlorite, the dry or powder form of hypochlorite bleaches, is used extensively as a chlorine compound for the destruction of harmful bacteria and viruses. Calcium hypochlorite serves as an efficient disinfectant component for water treatment in spas, swimming pools and hot tubs, combating risk posed by various disease-causing microorganisms and other contaminants.

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An inherent vertical of the global specialty chemicals space, hypochlorite bleaches market has been observing remarkable popularity of late. With rising incidences of infectious illnesses on a global scale, the demand for disinfectants, bleaching and sanitization products is likely to accelerate. Hypochlorite bleaches are popular disinfection products with the ability to terminate a vast array of disease-causing bacteria, fungi, viruses and fungi, provided they are used with adequate precautionary measures and adhere to specific usage guidelines.

Hypochlorite bleaches are generally found in the form of a solid white powder, comprising compounds such as calcium and sodium hypochlorite. Hypochlorite bleaches are used in treating drinking water, playing the role of sanitizer owing to antimicrobial properties, quick bactericidal action and persistence.

Between 2000 to 2014, over 500 cases of disease outbreaks related to pools, hot tubs and other water-based playgrounds were observed, the most prominent among them being cryptosporidiosis, caused by the parasite Cryptosporidium, as well as other ailments including shigellosis and giardiasis. This surge in waterborne ailments brought about the need for several regulations on the water quality of pools and consequently promoted hypochlorite bleaches market dynamics.

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This growing prevalence of hospital related contamination and the subsequent surge in need for disinfection is likely to add impetus to the global hypochlorite bleaches market. Sodium hypochlorite-based disinfectants demonstrate robust application potential in the decontamination of blood discharges with HIV or Hepatitis B virus as well as hard surfaces, owing to significant sporicidal tendencies.

Major key players in the hypochlorite bleaches market are Aditya Birla Chemicals, Arkema, Odyssey Manufacturing Co., Olin Chlor Alkali Products & Vinyls, AG Chemi Group, Nouryon, H. Krevit & Company, TOSOH Corporation, Inoyn, Tianjin yufeng chemical co. Ltd., Electrolytic Technologies, SHIJIAZHUANG XINLONGWEI CHEMICAL CO.,LTD., VYONVA, Organic Industries Ltd, ACURO ORGANICS LIMITED, American Elements, Carus Corporation, Mabuhay Vinyl Corporation, Groupe Somavrac, and ANSA McAL Chemicals Limited.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

 

 

 

 

 

Cellulose Fiber Market 2020 Overview, Top Key Players, Industry Growth and Forecast to 2024

Cellulose Fiber Market

Global Cellulose Fiber Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Cellulose Fiber Market size was estimated at USD 17.5 billion in 2015 and is projected to surpass USD 39 billion by the year 2024.

Escalating demand for textiles and apparels attributed to rising disposable incomes and changing consumer lifestyles will soar Cellulose Fiber Market size. Global apparel sector, which was estimated at over USD 1 trillion in 2015, is projected to grow significantly over the next few years, which will augment the growth of cellulose fiber market. This product possesses highly beneficial features such as light weight, bio-degradability, and skin-friendliness.

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In addition, it is quite cost-effective, which will leverage the business expansion. Subject to the fact that this product is biodegradable, strict legislations inhibiting the use of volatile organic compounds will generate bright business growth prospects for cellulose fiber industry over the years ahead.

An increase in the GDP of countries such as Brazil, China, and India leading to shift in the consumer lifestyles has attracted many manufacturers & new entrants to make heavy capital investments in the business, thereby spurring cellulose fiber market expansion.

Top Key Players –

  1. Lenzing AG
  2. Daicel Corporation
  3. Kelheim Fibres GmbH
  4. Grasim Industries Limited
  5. Tangshan Sanyou
  6. Shandong Helon Textile Sci. & Tech. Co. Ltd.
  7. Thai Rayon
  8. Fulida
  9. Sateri
  10. Aoyang
  11. Indo-Bharat Rayon

Rise in the production capacity of dissolved pulp along with a surge in the number of pulp producers offering competitive pricing is expected to augment the production of cellulose fibers. In 2015, the global production of dissolving pulp was over 7 million tons, and China accounted for nearly 20% of the share. The environment friendly nature of cellulose fibers as compared to other fibers such as nylon and polyester will further catalyze cellulose fiber industry demand.

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Cellulose fibers find extensive applications in the spun yarn, fabrics, filtration process, and clothing. Cellulose fiber industry size in the clothing sector, which was estimated at USD 10.5 billion in 2015, is expected to grow at an annual rate of 9.5% during the period from 2016 to 2024. Increasing awareness regarding fashion trends coupled with the rise in the per capita income is forecast to boost the revenue. The thriving clothing and apparel sector will also contribute significantly toward cellulose fiber market growth.

Spurn yarn applications, which contributed over 13% of cellulose fiber market share in 2015, are expected to make notable contributions to the industry size in the future. The growth can be attributed to the extensive use of these yarns in knitting and embroidery. Furthermore, they are more preferred in tire cords and high performance tires, owing to their unique features as compared to polyester fibers.

Taking into consideration the regional trends, Asia Pacific cellulose fiber industry, which had collected a revenue of USD 7 billion in 2015, is projected to record a CAGR of 9.5% over the period of 2016-2024. The large presence of textile industries in Asia Pacific is forecast to boost the expansion. High production of cotton and jute in countries such as India and China will positively leverage the business development.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Email: sales@gminsights.com

Polymer Concrete Market Report Projections & Regional Industry Insights To 2025

The global polymer concrete market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The size of Polymer Concrete Market was registered at USD 440 million in the year 2017 and is anticipated to cross USD 600 million by 2025. Propelling use of polymer concrete in the construction industry due to the rising industrialization and urbanization in regions such as Asia Pacific and Middle East is expected to augment the global polymer concrete industry during the forecast period. Rise in investments in the emerging nations for the construction of modern buildings and public infrastructures are also surging. For instance, the government of Saudi Arabia is investing heavily on the Jeddah Economic City project, formerly known as Kingdom City, a USD 20 billion construction project which will hold homes, hotels, and office towers in a 2 square mile area.

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Increasing resin prices and infrequent availability of some resins may result in becoming a barrier to the product market size. Specific resins such as acrylates are high priced and are also not always available easily. This makes the price of polymer impregnated concretes quite high. However, additional properties such as high bond strength, heat resistivity, durability and improved adhesion will continue to offer new opportunities to the polymer concrete industry in the expected timespan.

Polymer concrete (PC) or polymer resin concrete registered more than 50% of the total market size in 2017. These products are known for its high binding strength and possess exceptional resistance to acid. Polymer concrete is made by replacing the cement by adding resins such as epoxy, vinyl, polyester and furan providing it with additional binding properties. It also provides improved hydration and compressive strengths than cement.

Polyester in polymer concrete market is expected to rise at a CAGR over 4% in the coming years. When polyester is added to the concrete, it provides the concrete with compressive strengths up to 3,500-4,500 psi and a high degree of absorption. The polyester concrete material develops an integrated chemical bond to the substrate material that provides improved adhesion properties. Additionally, it offers exceptional resistance to non-fluoride acids including hydrochloric, nitric, phosphoric and sulfuric.

Market Growth Drivers:

  1. Strong government initiatives for constructing bridges, under passes, sewage etc.
  2. Increasing investments for public construction in Asia Pacific

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Modified concrete market for application in water containers accounts more than 13% of the overall market size in 2017. Polymer concretes are extensively used in the building of various sorts of water containments structures due to its excellent bond strength and water retaining properties. For instance, the US Ministry of Defense is constructing proper water containment facilities in its several military base camps to store the wastewater and reusing it after its treatment. The building of these water containers would need the use of modified concretes extensively that would directly propel the polymer concrete market by 2025.

Polymer concrete market for Asia Pacific achieved the maximum revenue that summed up over USD 270 million in 2017. This is due to swift industrial development and urbanization which is primarily due to growing investment leap which are initiating large construction activities in the above region. Government is presently making regulations under structural reformation plans for the application of large projects to expand the total construction in the area that would positively affect the modified concrete market positively during the forecast period. For instance, the upgradation of Beijing Daxing International airport to make it worlds largest international airport would propel the product market size by 2025.

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Major polymer concrete market competitors accounting for the total industry size include Crown Polymers, ACO Group of Companies, Bouygues S.A., BASF, Forte Composites Inc, Kwik Bond Polymers, SAUEREISEN, Wacker Chemie AG, Fosroc, ErgonArmor, Mapei and Sika.

Partial Chapter of the Table of Content

Chapter 3. Polymer Concrete Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2014 – 2025

3.3.  Industry ecosystem analysis

3.3.1. Profit margin

3.3.2.  Value addition

3.3.3.  Distribution channel analysis

3.3.4.  Vendor matrix

3.3.4.1.   List of key manufacturers/suppliers

3.3.4.2.   List of key/potential customers

3.4.  Raw material trends

3.5.  Technology landscape

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.  Strong government initiatives for constructing bridges, under passes, sewage etc.

3.6.1.2.  Increasing investments for public construction in Asia Pacific

3.6.2. Industry pitfalls & challenges

3.6.2.1.  Lack of raw material availability

3.7.  Regulatory landscape

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3.7.1. U.S.

3.7.2.  Europe

3.7.3.  China

3.8.  Growth potential analysis

3.9.  Competitive landscape

3.9.1. Company market share, 2017

3.9.2.  Strategy dashboard

3.9.3.  Patent analysis

3.10.  Porter’s analysis

3.11.  Regional price trends

3.11.1.   Cost structure analysis

3.11.1.1.    R&D cost

3.11.1.2.    Manufacturing & equipment cost

3.11.1.3.    Raw material cost

3.11.1.4.    Distribution cost

3.11.1.5.    Operating cost

3.11.1.6.    Miscellaneous cost

3.11.2.   Price by class

3.11.3.   Price by type

3.11.4.   Price by application

3.12.  PESTEL analysis

4.1.  Global polymer concrete market insights by class

4.2.  Polymer concrete (PC)

4.2.1.  Market estimates and forecasts, 2014 – 2025

4.2.2.  Market estimates and forecasts by region, 2014 – 2025

4.3.  Polymer modified concrete (PMC)

4.3.1.  Market estimates and forecasts, 2014 – 2025

4.3.2.  Market estimates and forecasts by region, 2014 – 2025

4.4.  Polymer impregnated concrete (PIC)

4.4.1.  Market estimates and forecasts, 2014 – 2025

4.4.2.  Market estimates and forecasts by region, 2014 – 2025

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Printing Toners Market 2020 Growth, trends and forecast report

Cellulose Fiber Market

Global Printing Toners Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Printing Toners Market size was estimated at USD 3.5 billion in 2016 and is projected to surpass USD 5.5 billion by the year 2024.

Dubbed as one of the most innovative breakthroughs printing toners market has witnessed in 2017, the Japanese electronics giant Toshiba, launched an enterprise-class, multi-function, monochromatic laser printer which comes with an erasable blue toner that can erase a printed paper up to five times. Integrating the erasable printing technology into a single machine, the latest printer helps the paper usage shrink by 80%, making it an environment-friendly and a highly-portable device.

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Apparently, the printing toners industry growth can be attributed to the flourishing product demand for packaging applications across diverse end-use industries such as textile, food & beverage, electronic gadgets, pharmaceutical, etc.

The conventional printing toners market has continued to acquire the largest share in the overall global printing toners industry. The wide-ranging applications and lower cost of operability of conventional printing toners have led to a substantial demand for such toners.

Top Players – 

  1. Xerox Corporation
  2. IMEX Co. Ltd
  3. Toshiba
  4. ACM Technologies
  5. EPSON
  6. Canon Inc.
  7. Citizen Inc.
  8. HP Inc.
  9. Konica Minolta
  10. IBM
  11. Panasonic
  12. American TonerServ Corp
  13. Brother International Corporation
  14. Lexmark

In addition, the continued priority being extended towards laser printing over inkjet printing in enterprise printing applications, courtesy its decreased waste generation, improved print quality and reduced cost per copy, is set to contribute in printing toners market size augmentation in the upcoming years.

Conventional printing toners led the printing toners market with an estimated revenue of over $2 Billion in 2016. Speaking on similar lines, commercialization of chemically prepared printing toners has been on the rise. The excellent characteristics of conventionally prepared printing toners such as its chemical controllability and uniform particle size which assist in accelerating the speed of printing have been instrumental in their accentuating demand from variegated business domains.

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The increasing requirement from various segments for all-in-one printers with high-speed functionality, has compelled the prominent players in the printing toners market to launch printers equipped with duplexing features and top-notch multi-functional usability.

To cite an instance, the leading Japanese electronics firm, Panasonic unveiled a multi-functional printer (MFP) of its MB500 Series in 2016, with a toner cartridge that lasts up to 25,000 pages coupled with highly modest cost per copy (CPC) per print. Evidently, with the onslaught of such encouraging ingenuity demonstrated by the manufacturers, the printing toners market is set to gain tremendously in the near future.

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Electric Hoist Market Projections & Regional Industry Insights To 2025

The global electric hoist market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The Electric Hoist Market is set to grow from its current market value of more than USD 1.9 billion to over USD 3.4 billion, as reported in the latest study. Hoist finds major applications in material handle operations. It can be used to shift heavy-weight materials easily. The electric hoists’ demand will grow significantly over the projected timeframe, owing to massive material handling and transportation applications in construction and manufacturing industry. The demand for electric hoists is majorly from the construction end-user, primarily in both the developing and developed nations. The lack of expertise in handling overhead cranes and its attached hoists acts as an important factor, restricting the market growth in the projected timespan.

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Electric wire hoist market is expected to reach more than USD 2.5 billion till 2025, increasing over CAGR more than 7.3% in the entire forecast timeframe. Wire range of load capacities, and the ability to customize the hoists according to their load capacities, are the major factors accounting to the increase of global electric wire hoist market by end of forecast span.

Electric chain hoists with load capacity in between 5.1 – 10.0 ton capacity will witness a significant market growth and might cross over USD 200.0 million till 2025. This will hold a significant part of global chain hoist market till 2025. Electric wire hoists of load range between 0.5 – 10.0 tons are projected to reach over USD 1.0 billion till the end of 2025, growing at CAGR higher over 7.3%.

Top Companies

  1. Ingersoll-Rand plc,
  2. Konecranes Oyj,
  3. Columbus McKinnon,
  4. Hitachi Industrial Equipment Systems Co. Ltd.,
  5. KITO Group,
  6. Komatsu Ltd.,
  7. Reva Industries Ltd.,
  8. SIGMA Hoist Company Pvt. Ltd.,
  9. Harrington Hoists, Inc.,
  10. Beta Max Hoist,
  11. Terex Corporation,
  12. ABUS Kransysteme GmbH,
  13. SWF Krantechnik GmbH

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Global electric hoist market for aerospace had key share of electric hoist market by end of 2017, and would reach USD 860.0 million till 2025, rising at CAGR more than 7.7% by end of forecast timespan.

Asia Pacific electric hoist market would reach more than USD 950.0 million till close of 2025, increasing at CAGR more than 7.5%. The North America electric hoist market is predicted to be second-highest market in market revenue, which would increase at CAGR of 7.4% by end of projected timeframe.

Split by application, the market is divided into

  1. Aerospace,
  2. Automotive & Transportation,
  3. Construction,
  4. Energy,
  5. Marine

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Primary players of global electric hoist market include Konecranes, Columbus McKinnon, Hitachi Industrial, RAM, Ace Industries, Jiangsu Jiali Hoisting Machinery Manufacturing, Tiger Lifting, Harrington Hoist, ABUS Kransysteme, Coffing Hoist, Milwaukee, Budgit Hoist, JET, Toronto Electric, Demag, and Granada among others.

Partial Chapter of the Table of Content

Chapter 3. Electric Hoist Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2014 – 2025

3.3. Industry ecosystem analysis

3.3.1.   Profit margin

3.3.2.   Value addition

3.3.3.   Distribution channel analysis

3.3.4.   Vendor matrix

3.3.4.1.    List of key manufacturers/suppliers

3.3.4.2.    List of key/potential customers

3.4. Innovation & sustainability

3.4.1.   Patent dashboard

3.4.2.   Future trends

3.5. Industry impact forces

3.5.1.   Growth drivers

3.5.1.1.    Global drivers

3.5.1.2.    Regional drivers

3.5.2.   Industry pitfalls & challenges

3.6. Regulatory landscape

3.6.1.   U.S.

3.6.2.   Europe

3.6.3.   China

3.7. Growth potential analysis, chain hoists

3.8. Growth potential hoists, wire hoists

3.9. Price trends, chain hoists

3.9.1.   Cost structure analysis

3.9.1.1.    R&D cost

3.9.1.2.    Manufacturing & equipment cost

3.9.1.3.    Raw material cost

3.9.1.4.    Distribution cost

3.9.1.5.    Operating cost

3.9.1.6.    Miscellaneous cost

3.9.2.   Average price, by load bearing capacity, 2014 – 2025

3.9.3.   Average price, by end-user, 2014 – 2025

3.9.4.   Average price, by region, 2014 – 2025

3.10.    Price trends, wire hoists

3.10.1. Cost structure analysis

3.10.1.1.    R&D cost

3.10.1.2.    Manufacturing & equipment cost

3.10.1.3.    Raw material cost

3.10.1.4.    Distribution cost

3.10.1.5.    Operating cost

3.10.1.6.    Miscellaneous cost

3.10.2. Average price, by load bearing capacity, 2014 – 2025

3.10.3. Average price, by end-user, 2014 – 2025

3.10.4. Average price, by region, 2014 – 2025

3.11.    Competitive landscape, 2017

3.11.1. Company market share, 2017

3.11.2. Key stakeholders

3.11.3. Strategy dashboard

3.12.    Porter’s analysis

3.12.1. Supplier power

3.12.2. Buyer power

3.12.3. Threat of new entrants

3.12.4. Threat of substitutes

3.12.5. Industry rivalry

3.13.    PESTEL analysis

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Chapter 4. Electric Hoist Market, By Load Bearing Capacity

4.1. Global chain electric hoist market share by load bearing capacity, 2017 & 2025

4.2. Chain

4.2.1.   Market estimates and forecast, 2014 – 2025

4.2.2.   Market estimates and forecast, by load bearing capacity, 2014 – 2025

4.2.3.   0.25 – 5.0 tons

4.2.3.1.    Market estimates and forecast, by region, 2014 – 2025

4.2.4.   5.1 – 10.0 tons

4.2.4.1.    Market estimates and forecast, by region, 2014 – 2025

4.2.5.   10.1 – 15.0 tons

4.2.5.1.    Market estimates and forecast, by region, 2014 – 2025

4.2.6.   15.1 – 20.0 tons

4.2.6.1.    Market estimates and forecast, by region, 2014 – 2025

4.2.7.   20.1 – 32.0 tons

4.2.7.1.    Market estimates and forecast, by region, 2014 – 2025

4.2.8.   Market estimates and forecast, by region, 2014 – 2025

4.3. Global wire electric hoist market share by load bearing capacity, 2017 & 2025

4.4. Wire

4.4.1.   Market estimates and forecast, 2014 – 2025

4.4.2.   Market estimates and forecast, by load bearing capacity, 2014 – 2025

4.4.3.   0.5 – 10.0 tons

4.4.3.1.    Market estimates and forecast, by region, 2014 – 2025

4.4.4.   10.1 – 15.0 tons

4.4.4.1.    Market estimates and forecast, by region, 2014 – 2025

4.4.5.   15.1 – 20.0 tons

4.4.5.1.    Market estimates and forecast, by region, 2014 – 2025

4.4.6.   Market estimates and forecast, by region, 2014 – 2025

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Construction Equipment Market 2020 By Regional Insights & Trends To 2024

The global construction equipment market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

Construction Equipment Market share was valued at USD 130 billion in the year 2017 and is projected to surpass a revenue of USD 170 billion by the year 2024. The globally flourishing construction sector is surging the demand for high-performance machinery that aids in reducing human involvement in the construction process. The rapid growth in the number of construction activities is exerting pressure on the existing human resources. The demand for sophisticated construction equipment that reduces the overall capital investment will contribute to the construction equipment market growth.

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Infrastructure refurbishment and modernization being the most significant factors responsible for the overall development of an economy are compelling several government organizations to invest heavily in the construction sector. Increasing government investments in the construction sector will surge the demand for sturdy construction machinery. Large-scale road and rail construction projects undertaken by government organizations will further stress the demand for construction equipment market. Tight project completion schedules are throwing light on the significance of the use of the advanced construction machinery.

The high initial and maintenance costs of the machinery discouraging the adoption of the equipment for small-scale construction projects will hinder the construction equipment market growth. Construction projects with limited monetary resources are still preferring traditional manual construction techniques over modern machinery. Equipment incorporated with the latest technologies, such as GPS and IoT, is further increasing the overall equipment cost, thereby restricting the construction equipment market growth.

Top Industry Players –

  • Caterpillar Inc.,
  • CNH Industrial,
  • Doosan Group,
  • Guangxi LiuGong Machinery Co. Ltd.,
  • Hitachi Construction Machinery Co. Ltd.,
  • C. Bamford Excavators Limited,
  • John Deere,
  • Kobelco Construction Machinery Co. Ltd.,
  • Komatsu Ltd.,
  • Liebherr group,
  • Metso Corporation,
  • Palfinger AG,
  • Sany Group,
  • Sumitomo Heavy Industries Ltd.,
  • Tadano Ltd.,
  • Terex Corporation,
  • The Atlas Copco Group,
  • The Manitowoc Company, Inc.,
  • Volvo Construction Equipment,
  • Wacker Neuson,
  • 0MG Group,
  • Zoomlion Heavy Industry Science & Technology Co. Ltd

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The incorporation of sensor systems and modern technologies into the material handling equipment will surge the demand for these machines. Bulk material handling systems facilitate fast and easy transfer of large volume of goods that are difficult to manage using human resources. Industrial trucks that are sturdy enough to enable the smooth transfer of heavy materials will propel the construction equipment market growth. Storage equipment enables accurate buffering and holding of materials over a period of time. The demand for automated storage and material handling equipment in warehouses will drive the construction equipment market growth. Furthermore, the rise in the number of tall buildings and skyscrapers across various regions will surge the demand for cranes over the forecast timespan. For instance, in August 2017, Hapman, a material handling equipment manufacturer, announced an initiative with Dattus, an IIoT platform, to offer enhanced solutions to its customers.

The Asia Pacific construction equipment market will witness a strong growth owing to the growing government focus toward the construction sector. Initiatives, such as Make in India and Made in China 2025, supporting the infrastructure sector will favor the industry growth. Initiation of projects, such as South-North Water Transfer Project in China, will propel the industry demand in the region. The development of smart city projects in Singapore will surge the demand for high-performance machinery.

Market Growth Drivers – 

  1. Implementation of advanced technologies in construction equipment
  2. Increasing infrastructure investments globally
  3. Growing construction industry in China & India
  4. Rising equipment rental demand in North America & Europe
  5. Increasing rate of urbanization in the North America & Europe
  6. Increasing infrastructure and industrial projects in Russia
  7. Growing urbanization and safety concerns in India
  8. Growing reconstruction and maintenance activities in Japan
  9. Rapid infrastructure development in BRIC countries
  10. Recovering construction sector in Latin America
  11. Increasing investment in mining projects across Latin America & MEA
  12. Rising number of public private partnership projects in MEA

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The major players operating in the construction equipment market include Volvo Construction Equipment, Caterpillar, Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., CNH Industrial, Zoomlion Heavy Industry Science & Technology Co., Ltd., Kobelco Construction Machinery Co., Ltd., Terex Corporation, Liebherr, and Sany Group. The industry is characterized by new product launches and expansion of product portfolio to enhance its market presence. Competitive pressure in the industry is compelling the industry participants to invest in new technologies, which will favor the construction equipment market growth.

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Helical Screw Blowers Market 2020 By Current & Future Statistics To 2024

The global helical screw blowers market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The Helical Screw Blowers Market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 1.15 billion by 2024, with an anticipated CAGR of 6% through 2024. Global helical (rotary) screw blowers market will grow significantly with a CAGR of 6.0% in the next seven years owing to usage of helical screw blowers in cement industry for blending raw meal; combustion of air, kiln and burner; and aeration of raw materials. India infrastructure industry notably use cement instead of bitumen for construction of new road projects as cements are more durable and cheaper to maintain compared to bitumen. Indian domestic cement consumption has increased from 165.6 million tons in 2011 to over 275 million tons in 2017. Such traits exhibit brighter scope for global rotary screw blowers market in cement industry.

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Food industry significantly requires helical screw blowers for pneumatic conveyance of bulk materials. Increasing demand for high-efficiency blowers from food processing sector will substantially drive the global rotary screw blowers market. Food processing industry optimizes rotary screw blower systems for food plant to manage energy at mill and for reducing wastage. These blowers require only 120 horsepower electricity instead of 320 horsepower to operate, thus resulting in efficient energy saving and reduced maintenance cost for food processing industries. For instance, General Mill, one of the largest food manufacturing company, witnessed over USD 13.5 million in energy saving by 2016 by installing blowers in their food processing plant.

 Top industry players –

  • Gardner Denver, Inc.,
  • Atlas Copco,
  • KAESER KOMPRESSOREN,
  • Performance System III, Inc.,
  • Universal Blower Pac,
  • Swam Pneumatics Private Limited,
  • Zhejiang Kaishan Compressor Co. Ltd.,
  • Chandler Equipment,
  • Zhengzhou Qugong Machinery Equipment

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Screw blowers components & parts manufacturers require specialized designs for their structural intricacy. The manufacturing steps including: designing, testing and quality checking are time consuming that in due course reflect on their product price structure. This complex and capital-intensive manufacturing process is likely to hinder market growth over the projected timeframe.

Direct driven blowers are efficient in terms of energy saving and maintenance compared to belt driven, as belt driven blowers require constant belt adjustment. Due to this, the direct driven blowers will be majorly used in several end-user industries such as food & pharmaceutical, chemical & petrochemical, etc. by 2024.

Chemical & petrochemical end-user industries will be growing at remarkable pace with a significant CAGR by 2024. Chemicals and petrochemicals industries require rotary screw blowers for conveying raw materials and compressing explosive gases of chemical refineries. These gases include hydrogen, nitrogen, natural, chlorine gas, etc. Power, steel plant and food & pharmaceuticals industries have shown significant growth in terms of both volume and revenue in 2017, which will grow substantially over the projected timeframe.

Market Growth Drivers

  1. Increasing demand for high-efficiency screw blowers from food processing sector
  2. Positive outlook from the cement industry in Asia Pacific

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Middle East and Africa (MEA) will hold high potential in coming years as major oil & gas companies are based in UAE and Saudi Arabia. In addition, ongoing large construction projects in the region will stimulate the demand for cement in future. For instance, projects such as AL-Maktoum International Airport Expansion valued over USD 33 billion is one of the biggest project in Dubai authorized by Dubai Airport Authority (DAA). In May 2016, Majid Al Futtaim company had invested USD 8.2 billion to construct 6 hotels, 28 cinemas, 10 cities centers mall and super markets in UAE within next 10 years. Growth trends in the regional construction industry will positively influence MEA rotary screw blowers market over the projected timeframe.

Prominent helical screw blowers market players are Gardner Denver, Zhejiang Kaishan Compressor Co., Ltd., KAESER KOMPRESSOREN, Universal Blower, Swam Pneumatics Pvt, Chandler Equipment, Zhengzhou Qugong Machinery Equipment, Performance System III, Inc. and Atlas Copco.

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(AHRS) Attitude And Heading Reference System Market Geographical Segmentation, Comprehensive Analysis to 2025

The Asia Pacific (AHRS) attitude and heading reference system market will show a considerable growth rate owing to increasing demand for helicopters for supporting medical evacuation as well as for business travels. Proliferating demand for UAVs from the region’s defense sector could boost product penetration. Moreover, stringent government regulations to regulate flight systems could aid growth in Asia Pacific AHRS market by 2025.

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The attitude and heading reference system market will witness a promising growth on account of its increased application in turboprops, business aircraft, and piston-powered aircraft. Use of UAVs for military as well as commercial activities have aided the growth of AHRS market. Moreover, rising demand for precision navigation systems, easier integration with Electronic Flight Instrument System (EFIS), and the system’s compact size have helped drive demand in AHRS market share.

Indeed, AHRS offers numerous benefits such as reduced wiring, lower weight and minimized power consumption. Higher reliability of GPS enabled AHRS as well as improved roll and pitch accuracy could help improve industry over the forecast period. Moreover, cost-effectiveness of MEMS-based sensors could boost operational efficiency, thereby expanding the overall business share of attitude and heading reference system market by 2025.

The UAV segment has a considerable volume share in the attitude and heading reference system market. This dominance can be attributed to its various applications in areas such as civil infrastructure inspection, environmental monitoring, and precision agriculture. Real-time monitoring, provision for security, and surveillance facilities could also enhance the use of UAV across numerous applications, further driving growth opportunities in AHRS market.

GPS AHRS segment will witness significant growth in the future on account of its superior performance compared to conventional AHRS. The segment delivers position estimates in addition to attitude and heading information. It also eliminates drift errors which are caused in conventional AHRS by computing longitudinal acceleration. These offered capabilities could enhance demand for GPS attitude and heading reference system market over the estimated timeframe.

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Gyroscope segment would also account for a considerable share owing to rapid technological innovations such as fiber-optic gyroscope, ring laser gyroscope, and MEMS gyroscope in the industry. Reduced product cost and efficient integration of MEMS gyroscope across systems are predicted to be the key factors that would drive attitude and heading reference system market by 2025.

Some Points From Table Of Content: –

Chapter 5. Attitude and Heading Reference System Market, By Type

5.1. Global attitude & heading reference system market share by type, 2018 & 2025

5.2. Conventional AHRS

5.2.1. Market estimates and forecast, 2013 – 2025

5.2.2. Market estimates and forecast, by region, 2013–2025

5.3. ADAHRS

5.3.1. Market estimates and forecast, 2013 – 2025

5.3.2. Market estimates and forecast, by region, 2013–2025

5.4. GPS AHRS

5.4.1. Market estimates and forecast, 2013 – 2025

5.4.2. Market estimates and forecast, by region, 2013–2025

Chapter 6. Attitude and Heading Reference System Market, By Component

6.1. Global attitude & heading reference system market share by component, 2018 & 2025

6.2. Accelerometers

6.2.1. Market estimates and forecast, 2013 – 2025

6.2.2. Market estimates and forecast, by region, 2013–2025

6.3. Gyroscopes

6.3.1. Market estimates and forecast, 2013 – 2025

6.3.2. Market estimates and forecast, by region, 2013–2025

6.4. Magnetometer

6.4.1. Market estimates and forecast, 2013 – 2025

6.4.2. Market estimates and forecast, by region, 2013–2025

6.5. Digital Processing Unit

6.5.1. Market estimates and forecast, 2013 – 2025

6.5.2. Market estimates and forecast, by region, 2013–2025

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Aviation Fuel Market to Registering A CAGR of More than 7% by 2026

Latin America aviation fuel market is projected to dominate the global market share through 2026. Consistent expansion of tourism industry is the major factor responsible for the market growth in the region.

Along with tourism, the recovering economy with the cross-border merger of airlines would further add up to the industry expansion of Latin America. A steady rise in air traffic would also positively impact the industry outlook.

Apart from Latin America, MEA aviation fuel market is anticipated to witness significant profits through 2026. Growing demand of the business jets across the region is likely to be a major factor proliferating the market share.

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Global aviation fuel market has emerged as one of the most lucrative verticals in recent years. The industry is anticipated to observe substantial growth patterns in the forthcoming timeframe. Growing proliferation of airports is likely to be a key factor responsible for market expansion through 2026.

In addition, growing manufacturing and delivery of aircrafts across the globe is likely to add up to the overall industry outlook. Apart from growing airports, the ever-increasing middle-class population would outline the market expansion in the future. Mounting tourism industry is also anticipated to be a major factor augmenting the aviation fuel market share.

In recent times, air travel is being given higher preference by customers due to it being efficient and superior way of traveling over longer routes. Furthermore, reduced prices of tickets owing to the emergence of low-cost carriers should push global aviation fuel market trends in the forthcoming years.

The biokerosene segment is projected to dominate the industry share in the forthcoming years. The segment is anticipated to witness a growth of more than 33% through 2026. This development can be accounted for consistent investments and developments in the field of biokerosene to support the future aircrafts.

In addition, rising climate change concerns would likely propel the market share as governments agencies are increasingly focusing on manufacturing commercially viable green fuel to minimize the fuel’s impact on environment.

Citing an instance, in 2019, the U.S. Department of Energy granted $1.7 million to the Fuel Laboratory of Renewable Energy to boost its sustainable aviation fuel development efforts.

With reference to the end-user segment, business jets are anticipated to observe considerable growth through the forecast timeframe. The segment would likely account for more than 14% of the overall market share. This development can be attributed to the growing need for these aircrafts for short-distance trips as well as business travels.

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Apart from this, new regulations about multiple aviation ownership plans including timeshare and fractional ownership have encouraged customers to conveniently own private jets. This is likely to be a key factor proliferating the aviation fuel market growth through the forthcoming timeframe.

In addition, growing need for chartered aircraft services would also outline the segment growth thereby augmenting the industry outlook.

Some Points From Table Of Content: –

Chapter 4.   Aviation Fuel Market, By Grade

4.1.  Global aviation fuel industry share by grade, 2018 & 2026

4.2.  Jet Fuel

4.2.1. Global market estimates and forecasts, 2016 – 2026

4.2.2. Market estimates and forecast, by region, 2016 – 2026

4.3.  Aviation Gasoline

4.3.1. Global market estimates and forecasts, 2016 – 2026

4.3.2. Market estimates and forecast, by region, 2016 – 2026

4.4.  Biokerosene

4.4.1. Global market estimates and forecasts, 2016 – 2026

4.4.2. Market estimates and forecast, by region, 2016 – 2026

Chapter 5.   Aviation Fuel Market, By End-use Sector

5.1.  Global aviation fuel market share by end-use sector, 2018 & 2026

5.2.  Commercial

5.2.1. Global market estimates and forecasts, 2016 – 2026

5.2.2. Market estimates and forecast, by region, 2016 – 2026

5.2.3. Narrow body

5.2.3.1.   Global market estimates and forecasts, 2016 – 2026

5.2.3.2.   Market estimates and forecast, by region, 2016 – 2026

5.2.4. Widebody

5.2.4.1.   Global market estimates and forecasts, 2016 – 2026

5.2.4.2.    Market estimates and forecast, by region, 2016 – 2026

5.3.  Regional

5.3.1. Global market estimates and forecasts, 2016 – 2026

5.3.2. Market estimates and forecast, by region, 2016 – 2026

5.4.  Business

5.4.1. Global market estimates and forecasts, 2016 – 2026

5.4.2. Market estimates and forecast, by region, 2016 – 2026

5.5.  Helicopter

5.5.1. Global market estimates and forecasts, 2016 – 2026

5.5.2. Market estimates and forecast, by region, 2016 – 2026

5.6.  Military

5.6.1. Global market estimates and forecasts, 2016 – 2026

5.6.2. Market estimates and forecast, by region, 2016 – 2026

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Digital Banking Market Evolving Technology, Segmentation and Industry Analysis to 2024

Digital banking market trends have also been witnessing a commendable transformation on account of increased innovative banking solutions that utilize and streamline data, digital technologies, advanced analytics, and novel delivery platforms. On the global front, many organizations can be seen modernizing operations, escalating services, re-configuring distribution channels, proffering proactive assistance, integrating payments, and utilizing blockchain technology to uphold their position in the overall digital banking industry.

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Despite being a fairly nascent vertical, digital banking market has received a commendable boost in the last half a decade, given that the concept has been a rage among financial institutions. Having already embarked on the voyage of a digital revolution, financial institutions and banks continue to foray into the digitalization landscape of the banking sector and employ the much-needed technological infrastructure for amplified convenience and superior transactional security.

On account of the current stance held by digital banking, it is highly presumable that there would be a decrease in the number of physical bank branches operating universally. The digital banking market is projected to surpass USD 9 trillion by 2024-year end, majorly propelled by factors such as increasing investment in the financial technology sector and the spectacular advantages of digital transactions over traditional ones.

Of late, digital banking market trends have also been witnessing a commendable transformation on account of increased innovative banking solutions that utilize and streamline data, digital technologies, advanced analytics, and novel delivery platforms. On the global front, many organizations can be seen modernizing operations, escalating services, re-configuring distribution channels, proffering proactive assistance, integrating payments, and utilizing blockchain technology to uphold their position in the overall digital banking industry.

The global digital banking industry valuation is set to experience a commendable surge, as technology  and banking behemoths worldwide come together to revolutionize the financial business space. Looking at the path-breaking innovations that are dominating the digital banking marketplace at present, it is likely that banks will soon expedite new mobile application and voice-driven device testing to boost both delivery & contextual personalization.

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Basically, customer interest will always be the core of all initiatives pertaining to digital banking. Seamless connectivity, virtually zero error, low transaction cost, and abbreviated turnaround time are among the many benefits of espousing the digital channels besides being extremely secure. As financial technologies evolve consistently, the banking domain will keep accelerating investments in innovation and digital enhancements, which would in turn stimulate digital banking market trends.

List of Charts & Figures from Digital Banking Market Report:

FIG. 1    Industry segmentation

FIG. 2    Digital banking industry, by region, 2013-2024, (USD Billion)

FIG. 3    Digital banking users, 2013-2024, (Billion)

FIG. 4    Digital banking industry ecosystem

FIG. 5    Digital banking industry value chain

FIG. 6    Evolution of digital banking

FIG. 7    Digital banking demographic breakdown by age group (% of internet users)

FIG. 8    Demographic breakdown by gender (% of total internet users)

FIG. 9    Digital banking user vs traditional banking user, 2017 & 2024 (Billion)

FIG. 10     Porter’s analysis

FIG. 11     PESTEL analysis

FIG. 12     Growth potential analysis

FIG. 13     Company analysis of market leaders, 2017

FIG. 14     Company analysis of market leaders, 2017

FIG. 15     SWOT Analysis, Appway AG

FIG. 16     SWOT Analysis, The Bank of New York Mellon Corporation

FIG. 17     SWOT Analysis, CREALOGIX AG

FIG. 18     SWOT Analysis, ebankIT

FIG. 19     SWOT Analysis, Etronika

FIG. 20     SWOT Analysis, Fidor Solutions AG

FIG. 21     SWOT Analysis, Finastra

FIG. 22     SWOT Analysis, Halcom.com

FIG. 23     SWOT Analysis, ieDigital

FIG. 24     SWOT Analysis, Infosys Limited.

FIG. 25     SWOT Analysis, Intellect Design Arena Limited.

FIG. 26     SWOT Analysis, Kony

FIG. 27     SWOT Analysis, NETinfo Plc

FIG. 28     SWOT Analysis, NF Innova

FIG. 29     SWOT Analysis, Oracle Corporation

FIG. 30     SWOT Analysis, SAB

FIG. 31     SWOT Analysis, SAP SE

FIG. 32     SWOT Analysis, Sopra Steria

FIG. 33     SWOT Analysis, Tata Consultancy Services Limited

FIG. 34     SWOT Analysis, Technisys S.A.

FIG. 35     SWOT Analysis, Temenos AG

FIG. 36     SWOT Analysis, Worldline

Some Points From Table Of Content: –

Chapter 5.   Global Digital Banking Market, By Type

5.1. Key trends, by type

5.2. Retail banking

5.2.1. Market estimates & forecast, and forecast, 2013 – 2024

5.3. Corporate banking

5.3.1. Market estimates & forecast, and forecast, 2013 – 2024

5.4. Investment banking

5.4.1. Market estimates & forecast, and forecast, 2013 – 2024

Chapter 6.   Global Digital Banking Market, By Services

6.1. Key trends, by services

6.2. Transactional

6.2.1. Market estimates & forecast, and forecast, 2013 – 2024

6.3. Non-transactional

6.3.1. Market estimates & forecast, and forecast, 2013 – 2024

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Light Field Market Segmented by Technology, Application, Top Manufacturers, Geography Trends and Forecasts to 2024

One of the major factors that has provided a significant impetus to the light field market progression is the rapidly expanding entertainment and media application of this technology. In fact, the entertainment and media application apportioned more than 25 percent of the total revenue share of the industry in 2017 – impressive statistics that signify the extensive future growth of this application. This technology is being increasingly incorporated in numerous entertainment medias including amusement parks, theaters, gaming, museums, and apps, predominantly through virtual reality (VR) headsets. Apparently, the light field technology has seemingly demonstrated a new level of how convincing VR experiences can be.

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A recent instance lending credibility to the claims of using light field technology effectively in VR is of Google, who has been experimenting with this technology over the last few years. In 2018, the search engine giant released a free application, named ‘Welcome to Light Fields’, mainly to exhibit the potential of this technology. Notably, the application has been made available on Steam VR for Windows, Oculus Rift, and HTC Vive VR headsets.

One of the most swiftly progressing verticals of the global smart technologies space, light field market has come a long way since its inception owing to pathbreaking inventions to capture the 3D and 4D light fields. The gradually rising popularity of light field cameras across several business verticals such as industrial, healthcare, retail, entertainment and media, and automotive has certainly propelled the product demand in the recent years. As light field cameras are equipped with thousands of micro lenses between the main lens and the sensor, it lets the user shoot first and focus later which ensures an improved image resolution. Numerous companies appear proactive in adopting light field technology and are developing high-grade products – a factor that would widen the horizon of light field market in the years ahead.

Anticipated to register an annual growth rate of more than 16 percent over the forecast timeframe, Latin America has gradually emerged as a lucrative investment avenue for potential stakeholders. The rapidly expanding retail sector in Latin American nations has compelled the major retailers to adopt and leverage new technologies to gain competitive advantage. In this regard, it would be prudent to mention that the proliferation of AR and VR technologies has been assisting the retail sector to improve customer experience and brand engagement ratio.

The brick-and-mortar retail outlets are launching interactive experience devices such as mixed reality headsets to enhance the shopping experience, essentially fueling the growth potential of Latin America light field market. In addition to the retail sector, the light field technology is being increasingly utilized across other business verticals such as automotive and hospitality, which would, in turn, strengthen the product demand in the times to come.

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With light field technology being increasingly used in imaging solution processes along the likes of layout & animation, image construction, 3D scanning, 3D rendering, and 3D mapping and modeling, it remains to be seen how this technology impacts the future of mixed-reality products. However, it is quite imperative to mention that the growth trajectory of light field market appears highly-promising owing to the technology’s potential to drastically change the product portfolio of several business verticals. For the record, the commercialization scale of the global light field industry is slated to surpass USD 1.5 billion by 2024.

Some Points From Table Of Content: –

Chapter 4    Light Field Market, By Technology

4.1    Light field market Key trends by technology

4.2    Imaging solution

4.2.1    Market estimates and forecast, 2015 – 2024

4.2.2    3D mapping & modelling

4.2.2.1    Market estimates and forecast, 2015 – 2024

4.2.3    3D rendering

4.2.3.1    Market estimates and forecast, 2015 – 2024

4.2.4    3D scanning

4.2.4.1    Market estimates and forecast, 2015 – 2024

4.2.5    Image reconstruction

4.2.5.1    Market estimates and forecast, 2015 – 2024

4.2.6    Layout & animation

4.2.6.1    Market estimates and forecast, 2015 – 2024

4.3    Light field display

4.3.1    Market estimates and forecast, 2019 – 2024

Chapter 5    Light Field Market, By Application

5.1    Light field market Key trends by application

5.2    Aerospace & defense

5.2.1    Market estimates and forecast, 2015 – 2024

5.3    Architecture & engineering

5.3.1    Market estimates and forecast, 2015 – 2024

5.4    Automotive

5.4.1    Market estimates and forecast, 2015 – 2024

5.5    Entertainment & media

5.5.1    Market estimates and forecast, 2015 – 2024

5.6    Healthcare

5.6.1    Market estimates and forecast, 2015 – 2024

5.7    Industrial

5.7.1    Market estimates and forecast, 2015 – 2024

5.8    Retail

5.8.1    Market estimates and forecast, 2015 – 2024

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Packaging Equipment Market 2020 Industry Growth, Competitive Analysis, Future Prospects and Forecast 2024

Global packaging equipment market will be receiving a sizable boost from the pharmaceutical sector as well. The inherent need for pharmaceutical companies to thoroughly and properly package their manufactured medical products to maintain the correct chemical composition will drive the packaging equipment industry growth from pharmaceutical applications. The industry has also gradually been influenced by customer feedbacks that often request certain aesthetic features to be added to the medicine’s packaging to help distinguish them from other drugs.

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The global packaging equipment market is projected to witness an accelerated growth rate over 2018-2024, primarily driven by the expanding F&B & pharma sectors. Having held a valuation of $38 billion in 2017, packaging equipment industry thrives on the changing trends of the food industry that conceptualizes state-of-the-art packaging solutions depending on the shifting consumer preferences. The rising urbanization and improving living standards around the world with the rise in disposable incomes have conjointly led to a surge in the demand for ready-to-eat foods and subsequently, innovative packaging, thereby stimulating packaging equipment market growth.

According to a report about the food packaging trends by the Packaging Machinery Manufacturers Institute (PMMI) – a trade association that is made up of over 800 North American manufacturers and suppliers, food and beverage would account for more than 55% of the projected share by 2019. The association’s report also estimates that the food packaging market in the U.S. alone would be worth over $31 billion by 2022, thereby reiterating the significance of the food industry in North America.

It is rather overt that in the years to come, food & beverage companies will continue to expand their product portfolios as they jostle with each other to capitalize upon the growing middle-class populace and its disposable income. The rising competition is certain to act as a catalyst, prompting food & beverage companies to begin constructing new plants, thereby augmenting the regional packaging equipment market trends.

As per estimates, in 2017, North America held more than 25% of the overall packaging equipment market share and is expected to grow at a robust pace in the years ahead. Being one of the technological nerve centers of the globe, packaging equipment manufacturers in North America have been working to incorporate advanced technologies in these devices so as to automate the components with intelligent features.

Eventually, this would lead to lesser human intervention and enable a seamless integration of hardware and software, resulting in manufacturers developing highly accurate and efficient products. This in consequence, along with the rising economic growth of the region, are certain to augment the growth graph of North America packaging equipment market.

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The accelerated growth of food, pharma, and numerous other end-use sectors is thus certain to impel the commercialization landscape of the overall packaging equipment industry. While North America will continue to remain one of the most lucrative hubs as far as packaging machinery is concerned, emerging economies across the Asia Pacific are also racing ahead in packaging equipment market. Powered by a strong global manufacturing sector and the subsequent demand for packaging devices, the overall packaging equipment market is slated to register a CAGR of 3% over 2018-2024.

Some Points From Table Of Content: –

Chapter 4.   Packaging Equipment Market, By Product

4.1.  Packaging equipment industry trends, by product

4.2.  Fillers

4.2.1. Market estimates and forecast, 2013 – 2024

4.2.2. Market estimates and forecast, by region, 2013 – 2024

4.2.3. Liquid type

4.2.4. Powder filling

4.2.5. Bottle filling

4.3.  FFS

4.3.3. Vertical

4.3.3.1.  Market estimates and forecast, 2013 – 2024

4.3.3.2.  Market estimates and forecast, by region, 2013 – 2024

4.3.4. Horizontal

4.4.  Capping

4.4.3. Screw capping

4.4.3.1.  Market estimates and forecast, 2013 – 2024

4.4.3.2.  Market estimates and forecast, by region, 2013 – 2024

4.4.4. Vial coating

4.4.5. ROPP cappers

4.4.6. Others

4.5.  Labeling

4.5.3. Wet glue

4.5.4. Self-adhesives

4.5.4.1.  Market estimates and forecast, 2013 – 2024

4.5.4.2.  Market estimates and forecast, by region, 2013 – 2024

4.5.5. Rotary sticker

4.6.  Coding

4.6.3. Wet ink system

4.6.4. Inkjet system

4.6.5. Laser system

4.6.6. Hot stamp

4.6.7. Thermal transfer

4.7.  Palletizing

4.8.  Others

Chapter 5.   Packaging Equipment Market, By Application

5.1.  Packaging equipment industry trends, by application

5.2.  Food & beverage

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.3.  Pharmaceuticals

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.4.  Chemical

5.4.1. Market estimates and forecast, 2013 – 2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

5.5.  Personal care

5.5.1. Market estimates and forecast, 2013 – 2024

5.5.2. Market estimates and forecast, by region, 2013 – 2024

5.6.  Others

5.6.1. Market estimates and forecast, 2013 – 2024

5.6.2. Market estimates and forecast, by region, 2013 – 2024

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At CAGR 26%, Printed And Chipless RFID Market Could Reach USD 16 Billion by 2023

The printed and chipless RFID market in transport and logistics segment will continue to remain a prominent consumer of printed and chipless RFID products. The segment will account for more than USD 6.3 billion of global share by the year 2023. Chipless systems are more convenient compared to the read-write tags that are expensive and have a larger memory. the chipless systems tend to detect tags by a technique called signal processing demodulation for the extraction of data.

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Rising technological advancements across key regional industries will foster printed and chipless RFID market share in the forecast timeframe. The steady growth within the technological landscape involves major collaborations for product innovation like the development of photosensitive tags. There have been several investments in the research and development of RFID to come up with different innovations concerning conductive inks and nanotechnology.

Several key market players such as Alien Technology Corporation, TAGSYS RFID and Zebra Technologies, among several others constitute the competitive dynamics of the industry. These firms constantly seek to stay on the competitive edge on the basis of certain parameters like go-to-market channel partners, product availability, performance and product differentiation.

There are several technical benefits of RFID associated with supply chain management that includes enhanced visibility, asset tracking, item-level tracking, quality control, automatic scanning, labor reduction, traceable warranties, and efficient product recalls. These advantages have encouraged notable adoption among all the actors in the supply chain that includes distributors, retailers, manufacturers and wholesalers.

Global printed and chipless RFID market is projected to hit USD 16.29 billion by the year 2023. The use of such a technology will be extremely helpful in the retail industry and increase sales, improve visibility, boost customer services and enhance operational efficiency, among others. The increase in the overall improvement in the customer experience, store execution, omni-channel retailing, inventory accuracy and on-shelf availability will fuel the printed and chipless RFID market growth.

Companies that operating in the aviation industry generally prefer incorporation of technology into new product offerings. Key transformation in the sector have been stimulated by the need to reduce total expenditure as well as increase fuel-efficiency. The aviation segment held nearly 12.5% of the total printed and chipless RFID market in 2015.

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The healthcare space has been greatly supported by the favorable regulatory norms over the past few years. Implanting the tag is helpful in offering faster solutions as well as link clinical personnel to medical records that are relevant for all the patients suffering from syndromes that tend to hinder communication.

List of Charts & Figures from Printed & Chipless RFID Market Report:

FIG 1.            Industry Segmentation

FIG 2.            Global printed and chipless RFID market, (USD Million), 2012 – 2023

FIG 3.            Printed and chipless RFID industry ecosystem analysis

FIG 4.            Industry Impact forces

FIG 5.            Growth potential analysis

FIG 6.            Porter’s analysis

FIG 7.            PESTEL analysis

FIG 8.            Printed and chipless RFID market share by application, 2015 & 2023

FIG 9.            Global market demand in retail (USD Million), 2012 – 2023

FIG 10.           Global market demand in logistics & transport (USD Million), 2012 – 2023

FIG 11.           Global market demand in aviation (USD Million), 2012 – 2023

FIG 12.           Global market demand in healthcare (USD Million), 2012 – 2023

FIG 13.           Printed and chipless RFID market share by region, 2015 & 2023

FIG 14.           North America market by application (USD Million), 2012 – 2023

FIG 15.           U.S. market by application (USD Million), 2012 – 2023

FIG 16.           Canada market by application (USD Million), 2012 – 2023

FIG 17.           Europe market by application (USD Million), 2012 – 2023

FIG 18.           Germany market by application (USD Million), 2012 – 2023

FIG 19.           UK market by application (USD Million), 2012 – 2023

FIG 20.           Asia Pacific market by application (USD Million), 2012 – 2023

FIG 21.           China market by application (USD Million), 2012 – 2023

FIG 22.           India market by application (USD Million), 2012 – 2023

FIG 23.           Japan market by application (USD Million), 2012 – 2023

FIG 24.           Latin America market by application (USD Million), 2012 – 2023

FIG 25.           Brazil market by application (USD Million), 2012 – 2023

FIG 26.           Mexico market by application (USD Million), 2012 – 2023

FIG 27.           MEA market by application (USD Million), 2012 – 2023

FIG 28.           Saudi Arabia market by application (USD Million), 2012 – 2023

FIG 29.           UAE market by application (USD Million), 2012 – 2023

Some Points From Table Of Content: –

Chapter 4         Printed and chipless RFID market, Application Insights

4.1.        Printed and Chipless RFID market share by application, 2015 & 2023

4.2.        Aviation

4.2.1.    Market estimates and forecasts by region, 2012 – 2023

4.3.        Healthcare

4.3.1.    Market estimates and forecasts by region, 2012 – 2023

4.4.        Logistics & Transport

4.4.1.    Market estimates and forecasts by region, 2012 – 2023

4.5.        Retail

4.5.1.    Market estimates and forecasts by region, 2012 – 2023

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Smart HVAC Controls Market Share and Trends Analysis to 2024 by Product, Application, Region

North America is anticipated to help impel smart HVAC controls market, primarily on account of the harsh climatic conditions in some of the continent’s zones and the large-scale adoption of smart homes. Customers are seamlessly adopting the product to enable control over temperature & humidity to enhance their home comfort. Rapid development in the building automation sector and widespread technology adoption in the country is expected to propel the demand for these products in the region.

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Tagged as one of the most profitable investment ventures of the recent times, smart HVAC controls market has made its presence felt owing to the ongoing trend of reducing energy consumption. Not to mention, the growing prominence of the Internet of Things (IoT) that has paved the way for building components to be connected to the Internet, resulting in the expansion of the building automation sector, has also led to smart HVAC controls market retaining a profitable position worldwide.

Smart HVAC systems provide the ability to fine-tune temperature, air quality, humidity, and several atmospheric factors in homes and offices. These systems are equipped with high precision sensors for regulating and maintaining air quality and temperature, further improving occupant’s health and physical well-being. Indeed, the product can significantly reduce energy consumption and can easily adapt to changing environmental conditions while detecting need for maintenance. Using both advanced hardware and software technology these systems offer enhanced compatibility with smart devices while sustaining the concept of IoT, that has consequently propelled smart HVAC controls market trends.

As far as lowering energy consumption is concerned, smart HVAC modules are seemingly the most energy efficient appliances in modern automated buildings. According to reports, traditional HVAC appliances represent 61% of residential energy consumption in the UK and Canada and 43% in the U.S. The International Energy Agency (IEA) claims that smart HVAC control systems offer controlled use of energy, as the system maintains specific heating, cooling, and ventilation requirements, avoiding access energy consumption while considering end-user comfort. Powered by the robust requirement to optimize energy consumption, smart HVAC controls market is thus on its way to garner substantial popularity ahead.

Building automation has lately gained commendable momentum, given that it has been proven to significantly reduce energy consumption and maintenance costs for home owners. Reports from the Buildings Performance Institute Europe (BPIE) 2017, claim that by adopting building automation, owners can reduce energy consumption by around 27% in households, while using smart technology can save an average of 23% of energy consumption in commercial offices. The International Energy Agency (IEA) predicts that adopting digitalization could save around 10% of total energy consumption in commercial and residential buildings by 2040, with efficiency gains largely depicting themselves in cooling and heating applications, specifically with the deployment of smart thermostats and sensors. This has gradually led to a rise in the number of more and more automated buildings, that would eventually result in the expansion of smart HVAC controls market.

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Propelled by the fact that smart HVAC enables users to control conditions like temperature, humidity and even fragrance in homes and offices, and helps maintain air temperature and quality at optimum levels, these devices are used extensively to improve the quality of life for occupants. The growing integration of these HVAC systems with smart phones and home appliances and the expansion of the building automation industry will massively augment the smart HVAC controls market in the years to come.

Some Points From Table Of Content: –

Chapter 4.   Smart HVAC Controls Market, By Product (Revenue, Shipments)

4.1.  Key trends in smart HVAC controls Industry by product

4.2.  Thermostat

4.2.1. Market estimates and forecast, 2013 – 2024

4.3.  Smart air vents

4.3.1. Market estimates and forecast, 2013 – 2024

4.4.  Others

4.4.1. Market estimates and forecast, 2013 – 2024

Chapter 5.   Smart HVAC Controls Market, By Application (Revenue, Shipments)

5.1.  Key trends in smart HVAC controls Industry by application

5.2.  Residential

5.2.1. Market estimates and forecast, 2013 – 2024

5.3.  Commercial

5.3.1. Market estimates and forecast, 2013 – 2024

5.4.  Industrial

5.4.1. Market estimates and forecast, 2013 – 2024

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Industrial Communication Market Analysis to 2025 | Global Industry to Exhibit A Lucrative Growth of 10%

Industrial communication market is being driven by robotization trends in industries in the emerging economies of the APAC region. Moreover, the increasing adoption of the Industry 4.0 revolution further augments the prospects for the market. Asia Pacific market size is forecast to grow at a CAGR of more than 12% over 2019-2025.

Besides APAC region, robot sales in the U.S. has also significantly helped to expand industrial communication market. Robot sales in the United States has been recorded to hit a new peak of almost 38,000 units, setting a record for the eighth year in a row from 2010 to 2018. Robot density in the U.S. manufacturing industry reached 200 robots per 10,000 employees by 2018. Increasing rate of robotization and robot density will drive the industrial communication market substantially.

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Being a major producer of automation equipment, U.S. is anticipated to drive massive growth in industrial communication market. Citing International Trade Association (ITA) reports, the country is the leading producer of hardware components that are used in automated systems as well as a major supplier to manufacturing or production industries across the globe.

In fact, in 2015, U.S. exported nearly $10.5 billion worth of automation equipment to foreign markets, claims ITA. Sources suggest that supportive government policies and the presence of global automation players like General Electric, Honeywell, Rockwell, Emerson Electric and more will pave the way for industrialization in the region. Additionally, the increasing adoption of Industry 4.0 will boost the demand for the industrial communication technologies in the coming years, successfully proliferating U.S. industrial communication industry size.

Growing demand for increased data processing speed will foster industrial communication market size in the automation sector. As industrial operations are becoming more complex and variable, the market has registered immense growth over recent years. Indeed, a greater number of network-based programmable controllers and mechanisms are required within modern industries to attain faster decisions and increased productivity and efficiency.

With network-based automation, companies can also attain increased saving in work force, energy, raw material, better control on product quality and enhanced plant availability and operational safety. In fact, the technology can help in raising the levels of process control & continuity with improved efficiency, eventually bringing potential production figures to the nominal plant capacity by cutting downtime, corrective maintenance and the lack of raw material supply to minimum.

The advent of the fourth industrial revolution has commendably transformed industrial communication market outlook. The Internet of Things (IoT) and robotics have played major roles in industrially transforming manufacturing systems, with the introduction of digital ecosystems. Automation undeniably, has helped market trends to thrive and has advanced the operational work process across numerous sectors. To increase efficiency and productivity in organizations and encourage smart manufacturing, industrial IoT is rapidly being adopted by companies, propelling industrial communication industry outlook.

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In modern industrial processes, the amount of data generated by sensors embedded in machine tools, cloud-based solutions and business management is continuously increasing. IIoT platforms have started to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of Information Technology (IT) and Operations Technology (OT).

Some other participants in the market include ACS Motion Control, Advanced Motion Control, ADVANTECH, Beckhoff Automation, Belden etc. Industrial communication market size is predicted to exceed $160 billion by 2025 owing to the multiplying demand of robotization, automation and IIoT.

Table of Contents (ToC) of the report:

Chapter 4. Competitive Landscape, 2018

4.1. Introduction

4.2. Major market players, 2018

4.2.1. ABB

4.2.2. Cisco Systems

4.2.3. Rockwell Automation

4.2.4. Schneider Electric

4.2.5. Siemens AG

4.3. Market challengers, 2018

4.3.1. Belden Inc.

4.3.2. Eaton Corporation

4.3.3. HMS Industrial Network

4.3.4. OMRON

4.4. Other prominent vendors

Chapter 5. Industrial Communication Market, By Component

5.1. Key trends, by component

5.2. Hardware

5.2.1. Market estimates and forecast, 2014 – 2025

5.2.2. Switches

5.2.2.1. Market estimates and forecast, 2014 – 2025

5.2.3. Hubs, routers & gateways

5.2.3.1. Market estimates and forecast, 2014 – 2025

5.2.4. Connectors

5.2.4.1. Market estimates and forecast, 2014 – 2025

5.2.5. Communication interfaces

5.2.5.1. Market estimates and forecast, 2014 – 2025

5.2.6. Controllers & processors

5.2.6.1. Market estimates and forecast, 2014 – 2025

5.2.7. Others

5.2.7.1. Market estimates and forecast, 2014 – 2025

5.3. Software

5.3.1. Market estimates and forecast, 2014 – 2025

5.4. Services

5.4.1. Market estimates and forecast, 2014 — 2025

5.4.2. Installation service

5.4.2.1. Market estimates and forecast, 2014 – 2025

5.4.3. Mainteance service

5.4.3.1. Market estimates and forecast, 2014 – 2025

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GaN and SiC Power Semiconductor Market to Grow At 30% CAGR to Cross $3 Bn by 2025

Driven by the increasing deployment in renewable energy applications, GaN and SiC power semiconductor market is fast emerging as a profitable niche vertical of the global electronics and media industry. Silicon carbide and gallium nitride are becoming more popular across various business sectors owing to the fact that conventional silicon-based devices are reaching their material limits. This has specifically resulted in increased uptake of these semiconductors by renewable energy sector.

The power semiconductors possess more thermal energy and wider bandgap which makes it an ideal substitute for silicon as it can withstand high voltages and temperatures. Owing to these features, GaN and SiC power semiconductors are finding their applications in areas such as UPS, hybrid and electric vehicles, and more importantly in PV inverters.

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In terms of geographical expansion, GaN and SiC power semiconductor market outlook is gradually changing in the developing countries of the Asia Pacific region such as India and China. The presence of large solar facilities is the most significant factor that has increased product demand in these nations. To put things into perspective, China has more solar energy capacity – a humongous 130 gigawatts – than any other nation in the world. It is home to the largest solar facility in the world – the solar plant in its Tengger Desert with a capacity of more than 1,500 megawatts. Moreover, China has many sizeable solar farms including the massive 850-megawatt Longyangxia Dam facility on the Tibetan Plateau.

India is also gaining quite some traction in GaN and SiC power semiconductor market landscape with the development of solar power plants. State governments of the provinces comprising Karnataka, Tamil Nadu, Rajasthan and Andhra Pradesh have invested rapidly in the construction of solar power stations. The four phased Bhadla industrial solar farm located in Rajasthan for example will generate 2,255 MW of electricity when it would become operational by December 2019. In another instance, to complete the Kamuthi solar facility based in Tamil Nadu, the government invested USD 679 million in 2016.

Heavy dependency on inefficient coal-fired power plants and fossil fuels is one of the prominent reasons why the energy sector has been contributing to global greenhouse gas emissions. In this regard, regulatory bodies like United Nations Development Program (UNDP) have been working rigorously to bring transition across the globe through renewable energies. Continuous contribution by the governing bodies to use renewable energy technologies will strengthen GaN and SiC power semiconductor market landscape over the years ahead.

Solar is one of the fastest growing energy sources in the world driven by the burgeoning investment by the countries like China, India, and U.S. Decreasing manufacturing cost along with growing awareness among the people about environmental benefits are the major factors fueling solar energy market size. Since GaN and SiC power semiconductors are mainly used in the PV inverters, heavy investment in solar energy industry will indirectly support the market growth.

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Increased formulation of policies – directed toward mitigation of greenhouse gas emissions – has given rise to installations of photovoltaic inverters. These policies endorse a clean environment which would support sustainable development across the world. Moreover, these policies will improve GaN and SiC power semiconductor industry outlook over the years ahead. NXP Semiconductors, ROHM Semiconductor, Infineon Technologies AG, and Mitsubishi Electric Corporation are some of the mainstream firms constituting the competitive hierarchy of the industry. Reports forecast that the remuneration scale of GaN and SiC power semiconductor market is likely to surpass USD 3 billion by 2025.

Table of Contents (ToC) of the report:

Chapter 5. GaN and SiC Power Semiconductor Market, By Application

5.1. Key trends in GaN and SiC Power Semiconductor market, by application

5.2. Power supplies

5.2.1. Market estimates and forecast, 2015 – 2025

5.3. Industrial motor drives

5.3.1. Market estimates and forecast, 2015 – 2025

5.4. H/EV

5.4.1. Market estimates and forecast, 2015 – 2025

5.5. PV inverters

5.5.1. Market estimates and forecast, 2015 – 2025

5.6. Traction

5.6.1. Market estimates and forecast, 2015 – 2025

5.7. Others

5.7.1. Market estimates and forecast, 2015 – 2025

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At 15% CAGR, Virtual Private Server Market will hit US$2 billion by 2025

With the growing adoption of cloud technology, virtual private server market size is anticipated to gain considerable momentum with the digital transformation of the BFSI, retail, government and healthcare sectors. Today, technologies like edge computing have rapidly developed to power the rising penetration of internet of things (IoT), augmented reality content and increased number of consumer mobile devices. This trend will likely expand global virtual private server (VPS) industry share imminently.

With new developments in software and hardware applications, the on-going operating costs of purely private networks seems to be increasing and more businesses are seeking an online presence around the clock. New applications consume ever-growing amounts of bandwidth and as a result of the high complexity of installing and maintaining physical servers, many companies are turning to virtual on the cloud servers, offering a tremendous boost to virtual private server market size.

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Asia Pacific virtual private server market is anticipated to witness a CAGR of more than 20% over the forecast timespan. Many government agencies in the region are extensively supporting virtualized data centers in developing countries like India and China. Subsequently, small and medium scale enterprises are eventually turning to virtual applications for deploying new functionalities more rapidly, allowing them to operate at a faster pace. The growing number of SMEs with access to advanced virtual networks in emerging economies will be a leading factor propelling the virtual private server market revenues.

Product innovations and advancement is still a key factory boosting the industry scope. Fasthosts, a leading UK based service provider recently announced that it will launch a range of new VPS solutions. There have been an increasing number of individuals and companies in the UK who are looking for different approaches towards tech scalability and investment. Fasthosts is laying more focus on creating scalable and customizable alternatives to fulfill the requirements of those companies. Such initiatives showcase a major growth trend in the global VPS industry.

The era of digitalization has allowed the boom in web designing and development businesses, with nearly 79% of web developers in the world witnessing more than 25% client growth in 2017. Emerging economies like India have particularly witnessed major growth in the development and designing of websites in creative, health & fitness and education domains. These web professionals require hosting tools that are easy to use and has the agility and power to meet the needs of their several clients. Virtual private server market enables professionals to host and build powerful and fast websites and ensure business growth.

GoDaddy, a webhosting company, has developed VPS hosting for end users to have easier control of the hosting solutions, helping them to serve their customers better. GoDaddy recently unveiled its fourth generation VPS hosting products which will simplify managing server environments for designers and developers in India, get sites ready in minutes, save time and increase performance. The advancement and accessibility of hosting services across developing nation will expand the scope of virtual private server market in the coming years.

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With substantial investments in offering new services to expand customer reach and accelerated adoption of cost-effective solutions by SMEs, the consumption of VPS services can be expected to surge enormously. Bluehost, Linode, Plesk International, OVH Group, Digitalocean and Savari Technologies are some of the key players constituting the competitive hierarchy of the industry. Reports predict that global virtual private server market size will surpass USD 2 billion in revenues by 2025.

Table of Contents (ToC) of the report:

Chapter 4. Competitive Landscape

4.1. Introduction

4.2. Competive analysis of major VPS market players, 2018

4.2.1. Amazon Web Services, Inc.

4.2.2. A2 Hosting

4.2.3. DigitalOcean, Inc.

4.2.4. GoDaddy Operating Company LLC

4.2.5. Endurance International Group

4.2.6. OVH

4.2.7. United Internet AG

Chapter 5. VPS Market, By Type

5.1. Key trends, by type

5.2. Manged VPS

5.2.1. Market estimates and forecast, 2014 – 2025

5.3. Unmanaged VPS

5.3.1. Market estimates and forecast, 2014 – 2025

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U.S. Off-Road Vehicles Market to witness steady growth of 5% during 2020-2024

The U.S. off-road vehicles market size, in recent times, has been the recipient of sizable gains, owing to the proliferation of outdoor activities in conjunction with the improving economic condition. ORVs are becoming increasingly popular especially among the youth across the U.S., as is obvious from the rising sales of SUVs, off-road dirt bikes & motorcycles, all-terrain vehicles (ATVs) and snowmobiles.

The U.S. off-road vehicles market from snowmobiles vehicles is further expected to witness remarkable expansion trends with regional companies going the whole hog to cater to the consumer demand. An instance bearing testimony to the same is of the American manufacturer of snowmobiles, ATVs, and other sports vehicles, Polaris Industries. The company launched its new INDY EVO in January 2018 that could deliver a sporty and comfortable riding experience to fuel the riders’ passion for snowmobiling.

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Another recent instance is of the globally popular snowmobile manufacturer BRP (Bombardier Recreational Products). The company has recently brought together its much-admired Ski-Doo REV Gen4 platform into four-stroke models that is expected to give riders the ultimate snowmobiling experience with enhanced engine options. Under its Ski-Doo brand, the company has also introduced the Rotax 900 ACE Turbo engine, OXYGEN helmet, and expansion of the 600R E-TEC engine into more ORV models.

The instances vividly demonstrate the unrelenting quest of the U.S. off-road vehicles market players to improve rider experience with innovation and technologically advanced products. It is important to mention that besides snowmobile vehicles, off-road motorcycles are also witnessing lucrative growth avenues. Statistics throwing in light on the same is of OIO, that claims the overall off-roading expenditure of the U.S. outdoor participants to be over USD 50 million in 2017. Estimates claim that with industry players following similar product portfolio expansion trend, the U.S. off-road motorcycles market to register a y-o-y growth rate of 6% over 2018-2024.

The mounting interest in off-road adventure activities is rather overt from the progress that the ATV industry has registered in the last few years. In 2017, the ATV Safety Institute (ASI) claimed that close to 35 million Americans use ATVs in the U.S., which would prove to majorly impel the U.S. off-road vehicles market size. ATV are bound to be used extensively in the agricultural sector for several tasks performed on farms and ranches such as general transportation, animal handling, weed control and fence mending.

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The agricultural sector even now, remains one of the largest occupational arenas in the U.S. As per reliable estimates, 78% of ATVs are used for recreational purposes while 22% are used in occupational settings. In addition, the versatility of ATVs has also resulted in their use in small scale construction, manufacturing, search and rescue operations, police, utilities, mining and land management. The utility, affordability and ease of use associated with these vehicles has led to their massive adoption by the agricultural community, in turn facilitating the growth of U.S. off-road vehicles market from ATVs.

Table of Contents (ToC) of the report:

Chapter 4    U.S. Off-Road Vehicles Market, By Vehicle

4.1    U.S. off road vehicles market share by vehicle, 2017 & 2024

4.2    All-terrain vehicles

4.2.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

4.2.2    Market estimates and forecast, by states, 2013 – 2024, (Units) (USD Million)

4.3    Side by side vehicles

4.3.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

4.3.2    Market estimates and forecast, by states, 2013 – 2024, (Units) (USD Million)

4.4    Off—road motorcycles

4.4.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

4.4.2    Market estimates and forecast, by states, 2013 – 2024, (Units) (USD Million)

4.5    Snowmobiles

4.5.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

4.5.2    Market estimates and forecast, by states, 2013 – 2024, (Units) (USD Million)

Chapter 5    U.S. Off-Road Vehicles Market, By Application

5.1    U.S. off road vehicles market share by application, 2017 & 2024

5.2    Utility

5.2.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

5.2.2    Market estimates and forecast, by states, 2013 – 2024, (Units) (USD Million)

5.3    Sports

5.3.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

5.3.2    Market estimates and forecast, by state, 2013 – 2024, (Units) (USD Million)

5.4    Recreation

5.4.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

5.4.2    Market estimates and forecast, by state, 2013 – 2024, (Units) (USD Million)

5.5    Military

5.5.1    Market estimates and forecast, 2013 – 2024, (Units) (USD Million)

5.5.2    Market estimates and forecast, by state, 2013 – 2024, (Units) (USD Million)

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Asia Pacific Automotive Aftermarket -5% Growth Forecast from 2020 to 2024

The principal factor responsible for the growth of the Asia Pacific automotive aftermarket industry from Vietnam is the rapid upsurge in automobile sales in the region. According to a prediction made by the Industrial Policies Strategies Institute under the Ministry of Trade and Industry, on the basis of the regional populace, income per head and the average number of automobiles per 1,000 people, the automobile industry in Vietnam is anticipated to hit 800,000 units by 2025 and close to 1.85 million units by 2035. This would in consequence, majorly pave the way for Vietnam to emerge as the next lucrative investment ground for Asia Pacific automotive aftermarket.

The Asia Pacific automotive aftermarket is projected to amass substantial gains from the country of Vietnam. Competing against the established regional behemoths like China, Japan, and South Korea, this Southeast Asia economy in recent times has emerged as one of the most remunerative geographical verticals of the Asia Pacific automotive aftermarket.

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Another factor that has been helping Vietnam contribute to the Asia Pacific automotive aftermarket is the rising purchase parity of the nation on account of the changing dynamics of economic growth across the continent. Powered by the increasing spending power of citizens and the rapidly expanding regional automotive industry, Vietnam automotive aftermarket is anticipated to register a CAGR of 9% over 2018-2024.

In line with Vietnam’s ambitious strategy to carve out a profitable growth path for the nation’s automobile industry, the formation of an auto manufacturing center in the vital central economic region is being visualized presently. The proposed Kim Long Motors Hue complex is slated to be set up in the Chan May-Lang Co Economic Zone to not only utilize the port and logistical advantage of the province but also to attract more investors to the local mechanical and spare parts industries in the times to come.

Industry analysts believe that the new auto manufacturing complex and the increasing automobile sales would open up unprecedented opportunities for the major firms operating in the Asia Pacific automotive aftermarket and position Vietnam as a significant contributor toward the burgeoning automotive industry in the region. In fact, according to a research report put together by Global Market Insights, Inc., Vietnam automotive aftermarket is forecast to expand at an annual growth rate of more than 9 percent over the estimated time frame.

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With the dynamically surging demand for advanced modifications in cars in economies such as India, China, and Japan, the commercialization potential of the Asia Pacific automotive aftermarket industry is anticipated to surge majorly over 2018-2024. Powered by the ever-increasing requirement of advanced replacement parts and the dynamic expansion of the regional automotive market, the APAC automotive aftermarket industry is slated to traverse alongside a highly profitable growth path in the years ahead.

Table of Contents (ToC) of the report:

Chapter 3    Asia Pacific Automotive Aftermarket Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013- 2024

3.3 Industry ecosystem analysis

3.3.1  Parts Manufacturer

3.3.2  Distributors

3.3.3  Workshops

3.3.4  Distribution channel analysis

3.3.5  Profit margin trends

3.3.6  Vendor matrix

3.4 Technological & innovation landscape

3.5 Regulatory landscape

3.5.1   China

3.5.1.1    New regulatory framework on auto distribution and aftermarket

3.5.2  India

3.5.3  Japan

3.5.3.1    Japan Automotive Products Association (JAPA)

3.6 Global automotive industry overview,2017

3.6.1  Major automotive trends

3.6.2  Advantages of manufacturing

3.6.2.1    OEM versus aftermarket

3.6.2.2    Opportunities

3.6.2.2.1    Rising e-commerce spending

3.6.2.2.2    Increasing vehicle age

3.6.2.2.3    Smaller vehicles

3.6.2.3    Service market overview

3.6.3   Vehicle parc (on road) statistics

3.6.3.1    Historic data, 2010 – 2017

3.6.3.2    Estimated & forecasted data, 2018 – 2025

3.6.4   Collision statistics, by country, 2010-2016

3.6.5   Insurance landscape, by region

3.6.5.1    North America

3.6.5.2    Europe

3.6.5.3    Asia Pacific

3.6.5.4    Latin America

3.6.5.5    MEA

3.7 Industry impact forces

3.7.1   Growth drivers

3.7.1.1    Implementation of brick & click business model

3.7.1.2    Sales of new and used vehicles

3.7.1.3    Rising replacement part demand

3.7.2   Industry pitfalls & challenges

3.7.2.1    New OEM fittings and extended warranty periods on several auto parts

3.7.2.1    Proliferation of counterfeit parts

3.8 Growth potential analysis, 2017

3.9 Porter’s analysis

3.10.. Competitive landscape, 2017

3.10.1     Company market share analysis, 2017

3.10.2     Company performance analysis, 2017

3.11.. Key stake holders

3.12.. Strategy dashboard

3.13.. PESTEL analysis

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Fuel Cell Electric Vehicle Market 2025 – A USD 11.6 Billion Revenue Opportunity

As a consequence, long distance traveling automobiles are set to apportion a major revenue share of the overall fuel cell electric vehicle market by 2025. In the recent times, it has been observed that the leading fuel cell electric vehicle industry players are being benefitted immensely from the noteworthy increase in consumer preference for fuel cell-powered vehicles over battery-powered ones. Apparently, the major advantage of fuel cell-powered vehicles is that they can be charged in lesser time duration than the vehicles running on batteries.

Citing an instance to highlight the same, one of the foremost fuel cell electric vehicle market players, Ford Motor Company has recently announced that it would amplify its current investment in electric vehicle manufacturing by over two times, taking the figure to a staggering USD 11 billion. Moreover, a range of other dominant fuel cell electric vehicle industry giants including Toyota, General Motors, and Volkswagen have already carved out aggressive plans to manufacture more such vehicles in the next few years. Apparently, the aforementioned declarations undoubtedly showcase a favorable progression path of the worldwide fuel cell electric vehicle market.

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Rising demand for curbing carbon emission levels for improving air quality is positively influencing the fuel cell electric vehicle market share. Increasing environmental concerns pertaining to vehicle emissions are leading to the higher adoption of fuel cell electric vehicles. Shifting preference for deploying advanced technologies in heavy-duty freight trucks for delivering efficient vehicle performance will further boost the product penetration. For instance, in November 2018, Nikola Corporation launched hydrogen powered electric truck incorporating 120 kW hydrogen fuel cell offering superior fuel economy.

Increasing consumer spending and higher mobility requirements are escalating the hydrogen powered vehicles demand. Rapid urbanization coupled with proliferating construction activities are providing potential opportunities for the adoption of environment friendly vehicles. A lucrative growth in the economic conditions and high living standards are supporting the fuel cell electric vehicle market growth over the projected timeframe.

Meanwhile, it would be prudent to take note of the major factors that are likely to hamper the market size progression over the next few years. Establishing a robust network of fueling stations has always been a matter of contention across the globe as it requires a substantial amount of investments. Taking this shortcoming into consideration, the renowned fuel cell electric vehicle market player General Motors Company has recently unveiled a new fuel cell platform, christened as Silent Utility Rover Universal Superstructure (SURUS), which has reportedly been designed for variegated vehicle models. The latest platform is being described as a significant development considering the use of microgrids in military applications.

Europe fuel cell electric vehicle market will witness significant growth owing to supportive government projects for developing zero emission fuel cell vehicles and installation of hydrogen refueling stations. Projects such as Clean Hydrogen in European Cities (CHIC) and Joint Initiative for hydrogen Vehicles (JIVE) are striving for commercialization of fuel cell electric buses, further augmenting the regional demand for fuel cell electric vehicles. Easier availability of e-bikes offering ease of operation in high traffic areas is strengthening the industry size over the study timeframe.

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The fuel cell electric vehicle market is highly competitive owing to the presence of major fuel cell electric vehicle manufacturers including Volkswagen, Toyota Motor Corporation, Audi AG, SAIC Motor Corporation Limited, Hyundai Motor Group and Honda Motor Co. Ltd. Major industry players are engaged in manufacturing reliable and advanced fuel cell systems including Plug Power Inc., Nuvera Fuel Cells LLC., US Hybrid, Dana Limited, Ballard Power Systems, Hydrogenics, Meritor, Inc. and Sunrise Power.

Glimpse of Table of Content (ToC)

Chapter 4 Fuel cell electric vehicle Market, By Vehicle

4.1 Global fuel cell electric vehicle market share by vehicle, 2018 & 2025

4.2 Heavy duty vehicle

4.2.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.2.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.3 Agriculture

4.3.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.3.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.4 Buses

4.4.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.4.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.5 Port Vehicles/Container Handling or Transport

4.5.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.5.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.6 Automotive

4.6.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.6.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.7 Class 8/Long Haul

4.7.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.7.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.8 Others

4.8.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.8.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

Chapter 5 Fuel cell electric vehicle Market, By Distance

5.1 Global fuel cell electric vehicle market share by distance, 2018 & 2025

5.2 Short

5.2.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

5.2.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

5.3 Long

5.3.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

5.3.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

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Breast Implants Market Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2025

Breast Implants Market

Breast Implants Market will exceed USD 4.6 billion by 2025; as per a new research report. Growing number of breast augmentation procedures will drive breast implants market growth over the forecast period. According to American Society of Plastic Surgeons, breast augmentation procedures in the U.S. rose by approximately 37% between 2000 and 2016. Ability of breast augmentation procedure to increase breast fullness & projection, improve balance of breast & hip contours as well as boost self-image & self-confidence will augment breast implants industry expansion in the foreseeable future.

Technological advancements in breast implants will boost its adoption rate, thus augmenting breast implants market growth. Over the course of time both saline and silicone breast implants have undergone developments regarding their design and manufacture. Advanced implant technology and design permits plastic surgeons to customize breast augmentation and reconstruction as per the requirement of each patient, that will thereby increase customer preference over the forecast period.

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Complications occurring post breast implant procedures such as swellings and leakage may intervene in breast implants market growth.

Saline breast implants market was valued over USD 118.0 million in the year 2018 and is estimated to grow at a substantial rate in the forthcoming years. High flexibility with respect to size, cost-effectiveness and durability will offer significant segment growth opportunity over the coming years. Better safety related to saline breast implants will additionally drive product demand in upcoming years.

Round breast implants market accounted for over 86% revenue share in 2018. Traditional breast implant design and its ability to create round, soft and properly proportioned breasts will drive segment growth over the forecast period. Furthermore, broad range of round breast implants coupled with more fluidity will garner high round breast implants segmental share in the forthcoming period.

Breast augmentation market was valued at over USD 1.9 billion in 2018. This procedure is able of restoring breast volume lost after weight reduction or pregnancy and also aids in attaining more rounded breasts with improved symmetry. Increasing number of women opting for breast augmentation procedures will drive segment growth over the coming years.

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Textured breast implants market will witness considerable growth at 10.6% CAGR over the forecast timeframe. Numerous surgeons use textured breast implants owing to larger customer demand for stiffer and naturally shaped breasts. For instance, based on Virtual Medical Centre, about 90% of breast implants in Australia are textured. Hence, increasing demand for textured implants will impel textured breast implants industry growth in the foreseeable years.

Hospitals segment accounted for highest segmental size of USD 891.4 million in 2018. High growth can be attributed to presence of high-end infrastructure, latest technology, skilled resources coupled with multi-specialty facilities. Such infrastructure aids in better patient care and safety that should increase the patient preference for breast implant procedures at hospitals.

Brazil breast implants market dominated the Latin America region and was valued over USD 307.0 million in 2018. Growing beauty industry coupled with increasing demand for medical tourism due to cheaper cosmetic procedures will stimulate Brazil breast implants market growth. Increasing pressure to conform to popular perceptions of beauty and youth is leading to increasing number of women opting for augmentation procedures that will drive Brazil breast implants business growth during the forecast period.

India breast implants market is estimated to grow at 15.1% CAGR during the projection period. Growing economy and disposable income is set to drive India breast implants market growth over the forecast period. Disposable income of people in the age group of 35 to 45 years is significantly increasing. Rising awareness among women about breast implants and desire to look better will serve as a high impacting factor for breast augmentation procedures, thereby boosting India breast implants market growth in the country.

Prominent industry players include GC Aesthetics, Sientra, Allergan, Mentor, Arion Laboratoires, Ideal Implant, Groupe Sebbin, Cereplas, Establishment Labs and HansBiomed. The industry players resort to strategic initiatives such as agreements, acquisition and strong emphasis on product development and innovation in order to broaden their product portfolio and strengthen industry presence. For instance, in June 2016, Establishment Labs entered into a ten year distribution agreement with Human Wellness Corporation to market its Motiva Implants.

Health Intelligent Virtual Assistant Market Recent Trends,Market Growth,Top Manufacturers Analysis,Business Opportunities and Demand

Health Intelligent Virtual Assistant Market

Health Intelligent Virtual Assistant Market will exceed USD 1.6 billion by 2024; as per a new research report.

Growing adaptation of internet of things will drive market growth. Internet of things can be applied from smart sensors to remote monitoring and medical device integration to improve physicians’ delivery care. The implementation of internet of things in healthcare helps in enhancing already existing technology, thereby driving health intelligent virtual assistant market growth.

Rising need for improving overall health of population, reducing per capita cost of healthcare, improving patient experience and reducing medical errors will boost the adoption of intelligent virtual assistants. Health intelligent virtual assistant helps diagnose illness, offer novel treatment options, eliminate human error and eliminates redundant tasks that clog up the system, thereby fostering market growth.

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Voice recognition market is estimated to reach USD 129.3 million by 2024. Growth is attributed to ability of voice recognition technology to document patient data more efficiently in less time. Introduction of smartphones and other mobile platforms equipped with voice recognition technology will render positive impact on business growth during the forecast timeframe.

Payer groups market is forecasted to grow at CAGR of 33.9% across the projected timeframe. The use of virtual assistants enables payers to evaluate and improve the workflow with entire patient data. Apart from this, speech recognition technology is harnessed by the payers’ group to offer effective customer service and drive its business growth, thereby fostering market growth.

Germany health intelligent virtual assistant market is forecasted to reach USD 129.1 million by 2024. increasing use of health apps coupled with rising prevalence of lifestyle related chronic diseases are expected to boost the health intelligent virtual assistant market in Germany. Rapid adoption of virtual assistants to track health records, rising geriatric population and independently living senior citizens will promote business growth in the future.

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Japan health intelligent virtual assistant market will witness robust growth at 36.1% CAGR during the projected timeframe. Emphasis on rapid development of the IoT reflects to cope with its aging society through reduced human resource costs will lead to regional growth. Increasing adoption of internet of things by major companies will favor business growth across the projected timeframe.

Prominent industries involved in health intelligent virtual assistant market are CSS Corporation, eGain Corporation, idAvatars, Kognito, MedRespond, Microsoft Corporation, Nuance Communications, True Image Interactive, Inc., Verint systems, and Welltok, Inc. These prominent business players focus on new product launch, strategic acquisitions and mergers to strengthen market position. For instance, in March 2018, Nuance announced its collaboration with Partners HealthCare for development of advanced artificial intelligence applications for diagnostic imaging. This will enable company to expand its existing product portfolio and strengthen its market presence.

Automated Immunoassay Analyzers Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast 2024

Automated Immunoassay Analyzers Market

Automated Immunoassay Analyzers Market will exceed USD 25.0 billion by 2024; as per a new research report.

Growing preference for automated instruments in hospitals and laboratories has significantly improved the efficiency and quality of laboratory operations. These products can meet the increasing demand for quality diagnostic testing despite of staff shortage, a commonly faced problem by diagnostic laboratories. Hence, rising in trends towards lab automation will increase the demand and adoption rate of automated immunoassay analyzers, boosting the business growth in the forthcoming years.

Increase in prevalence of infectious diseases across the globe will be one of the major market driving factor. Early detection of infectious diseases is important to reduce the chances of severe damage to the body. Awareness of diseases has increased the disease diagnosis in early stages for preventing complications by undergoing diagnostic tests. Growing number of cases with infectious diseases will boost the use of automated immunoassay analyzers, augmenting the industry growth.

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Chemiluminescence immunoassay analyzers market is estimated to witness growth at a CAGR of 16.4% over the projection period. The growth is attributed to the accuracy and sensitivity of the diagnosis using low analyte concentration. These immunoassay analyzers improve the work competence by identification of over more than hundreds of analytes per hour. The higher receptiveness and veracity of chemiluminescence immunoassay propels the growth prospects for the automated immunoassay analyzers market.

The application of automated immunoassay analyzers in endocrinology segment is estimated to grow at a significant rate and was valued around USD 1,641.3 million in the year 2017. Soaring adolescent populations which are at elevated risk of growth of endocrine gland as a result of imbalance in hormones and spiraling prevalence of diabetes are the paramount factors impelling to drive the business growth.

The use of automated immunoassay analyzers in pharmaceutical and biotechnology companies is estimated to grow at a robust CAGR of 14.4% over the projection period. Drug monitoring applications that includes diagnosis of complications, such as toxicity, identification and subsequent customization of the optimal drug specific to the concerned patient. Multifarious key factors driving the growth of the market include, geriatric population with improved health care services, rising demand for genetic testing and drug profiling.

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UK dominated the Europe automated immunoassay analyzers market and was valued around USD 767.8 million in the year 2017. Infectious diseases accounted for considerable economic and health burden in UK and costs around EUR 30 billion in 2017. Escalating incidences of infectious diseases will contribute to rapid automated immunoassay analyzers market growth.

India automated immunoassay analyzer market is estimated to grow at a CAGR of 18.2% during the forecast period. Increasing number of laboratories performing routine tests coupled with the growing awareness general health awareness will render the positive impact on the automated immunoassay analyzers market in the country.

Some of the notable automated immunoassay analyzers market participants include Abbott Diagnostics, Biokit, Biomerieux, Luminex Corporation, Roche Diagnostics, and Siemens Healthcare. The major strategy adopted by industry players include launching of technologically advanced innovative products. Industry participants are also focusing on product portfolio expansion to suit the requirements of different laboratory settings in terms of test volumes, assay menu, automation level and budget to stay ahead of the competition.

Holographic Imaging Market Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

Holographic Imaging Market

Holographic imaging market will exceed USD 2.5 billion by 2024; as per a new research report.

Growing awareness regarding usage of holographic imaging in medical education will significantly boost holographic imaging market growth over forthcoming years. Newly developed holographic imaging systems possess high efficiency and clear 3D images that helps in research processes. Moreover, government in developed countries implement several initiatives that facilitates the research process for studying orthopedic and cardiovascular disorders that will augment demand for holographic imaging market growth over the coming years.

Technological advancements integrated within holographic imaging systems is also a contributing factor for industry growth. Moreover, implementation of various growth strategies by industry players for business expansion will fuel industry growth. For instance, Phase Holographic Imaging entered into a collaboration agreement with the University of California, San Francisco (USCF) for accelerating skin cancer research process by using holographic imaging cytometry technology. Furthermore, there has been a considerable increase in the adoption of holographic imaging system for conducting biomedical research process that will further stimulate holographic imaging market growth in coming years.

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Holographic display segment was valued at USD 201.5 million in 2017 and is projected to grow significantly over the forecast timeframe. Holographic displays are 3D displays that rely on coherent light for projection of objects virtually in real space. It allows viewers to look around objects with a different perspective, offering a more naturalistic and comfortable viewing experience irrespective of the details associated with stereo 3D display. Technological advances and enhancements in the field of display is projected to stimulate segmental growth.

Biomedical research segment will witness 35.3% CAGR by 2024 due to extensive use of holographic imaging systems for various research purposes. Deployment of holography techniques in biomedical research that offer digital holograms of DNA, cells as well as entire organs that can be holographically printed for a range of 3D analysis applications. Furthermore, increasing adoption of holographic imaging systems in research institutes will further favor business growth.

Research organizations segment accounted for 14.1% revenue share in 2017 owing to rising prevalence of cardiovascular and neurological disorders among geriatric population. As per WHO 2017 report, 17.9 million people died due to cardiovascular disorders in 2016 across the globe. Rising disease prevalence results in development of innovative imaging techniques for diagnosis. Research organizations are steadily working on developing innovative diagnostic tools thereby stimulating holographic imaging business expansion during projected timeframe.

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U.S. holographic imaging market will experience 32.6% CAGR by 2024 due to increasing biomedical research initiatives in holographic image technology coupled with adoption of holographic products by research academics and laboratories. Moreover, increasing focus of prominent industry players on innovative holographic imaging leads to introduction of holographic products in the market.

China holographic imaging market was valued at USD 16.9 million in 2017 due to rising R&D expenditure on healthcare and availability of excellent technological training for medical education. As per World Bank Data 2015, the R&D expenditure in China was 2.07 % of GDP, comparatively higher than other countries. Rising R&D expenditure results in production of innovative diagnostic and imaging techniques that should drive holographic imaging business.

Some of the prominent competitors operating in holographic imaging market include EON Reality, Holotech, Holoxica Limited, Lyncee Tec, Nanolive, Ovizio Imaging Systems NVSA, Phase Holographic Imaging, RealView Imaging, Vision Optics and zSpace. Industry competitors are mainly focusing on inorganic strategies such as partnership, merger and acquisitions to escalate their market position as well as strengthen product offerings.

Bioreactors Market Growth Analysis, Outlook by 2019 – Trends, Opportunities and Forecast to 2025

Bioreactors Market

Bioreactors Market will exceed USD 2.2 billion by 2025; as per a new research report. Growing biopharmaceutical and biologics industry and technological advancements in bioreactors, coupled with growing demand for orphan drugs and personalized medicines are the major driving factors for the global bioreactors market growth during the forecast period. The growth of biopharmaceutical industry can be attributed to the rising prevalence of chronic disease, increasing aging population, and increased investment in technological advances; especially in the personalized and targeted therapies. Moreover, biological drugs are more effective in comparison to traditional treatments leading to their increasing popularity.

Growing biopharmaceutical industry and use of bioreactors for large-scale production of biopharmaceutical products have generated the need for suppliers to provide excellent product quality, strong change management, and assurance of supply coupled with business continuity. The bioreactor manufacturers strive to develop quality designs and seek consistent performance by partnering with material and component suppliers as well as research scientists for technical know-how. The reliability of the value chain for bioreactors depends upon partnerships and agreements with suppliers and complete understanding and control of the bioreactor manufacturing process.

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Mammalian cells segment accounted for more than 75% market share in 2018 owing to its wide application in production of therapeutic proteins and viral vaccines. Other cells should witness more than 13.0% growth over the forecast timeframe due to associated benefits of insect cells such as ease of culture, by-product concentration, high tolerance to osmolality, and higher expression levels.

Monoclonal antibodies generated over USD 270.0 million in 2018 owing to its increasing application in treatment of asthma, breast cancers, rheumatoid arthritis, psoriasis, leukemia, chronic gastrointestinal inflammatory disease, and transplant rejection. Other molecules will grow at more than 16.0% with expectations to surpass USD 200.0 million by 2025. Oligonucleotides demand should increase with the growing research in molecular diagnostics field and soaring investments in genomic technologies.

Wave-induced motion market held more than 50% of industry revenue in 2018 due to its extensive use in modern biotechnological processes. Stirred SUBs will witness more than 17.0% CAGR owing to its huge demand in the biopharmaceutical industry. The ability to reduce scale-up risks and maintain clean environment throughout the production process should stimulate industry growth.

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Europe dominated the global bioreactors market and was valued at around USD 284.0 million in the year 2018 owing to the presence of leading industry players and increasing healthcare expenditure in this region. Favorable regulatory policies for biopharmaceutical approval and technological innovation in bioprocess equipment will propel business growth.

The major industry players in the bioreactors market are Sartorius, GE Healthcare, Thermo Fisher Scientific, Eppendorf, and Merck Millipore. Major strategies adopted by the players in the market include new product launch, acquisition strategy, expansion strategy, agreements, and collaborations, among others. For instance, In June 2016, Sartorius acquired Intellicyt, a firm specialized in cell screening. This acquisition expanded Sartorious’ product lab portfolio and strengthened its offering for biopharma customers and helped in penetrating the market.

Agricultural Adjuvants Market Size, Growth 2020, Demand, Regional Analysis, Key Players, Application, Competitive Market Share & Forecast, 2025

The Agricultural Adjuvants Market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.

The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing population growth, in 2016, population in APAC was reported to climb 4.5 billion from 4.3 billion in 2013.

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These figures are further projected to touch 5.3 billion by the year 2024. With such trends, Global Market Insights, Inc., suggests that the agricultural adjuvants market size could surpass USD 3 billion by 2025.

However, expanding population base could proliferate residential constructions which, in turn, might shrink the availability of agricultural land. A huge section of the farmer population is also unaware about the benefits of agriculture adjuvants, with most of them clueless about the product’s functionalities and properties. This lack of information could severely impact agricultural adjuvants market trends as well as farm productivity. For instance, use of inadequate concentration of adjuvant can degrade the properties of pesticide, affecting crop health.

Based on chemicals group, the agricultural adjuvants market is segmented into sulfonates, alkoxylates, and organosilicone. Out of these, sulfonates are expected to record more than 25% revenue share of the overall agricultural adjuvants market. The product is mainly used in the development of anionic surfactants because of its low odor, negligible aquatic toxicity properties, and excellent wetting feature. Sulfonates are ideal for use with extremely acidic or alkaline water, as it helps to smoothen the herbicide’s performance.

The herbicide application segment is anticipated to gross over 50% of the entire agricultural adjuvants market share in the forthcoming years. Adjuvants often help in overcoming the barriers on the leaf surface, allowing a smooth movement of herbicides into leaf cells. It enhances the herbicide wetting, spreading, canopy and leaf penetration, as well as increases adhesion. Apart from herbicides, agricultural adjuvants are also used with insecticides and fungicides.

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Considering regional share, Asia Pacific agricultural adjuvants market is considered to become a major revenue ground in the coming years. The region houses almost 60% of the world population. Climatic conditions in APAC are ideal for most types of crops like rice, wheat, and sugarcane. This could massively boost the adoption of agricultural adjuvants, aiding APAC market volume to exceed 170-kilo tons over the predicted timeframe.

Currently, Dow Dupont, Clariant, Evonik, BASF SE, Huntsman, among others are at the forefront of agricultural adjuvants market.

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Pressure Sensitive Adhesives Market size with a growth rate of around 5.5% CAGR over 2020-2024

Pressure sensitive adhesives market is set to witness lucrative growth on account of increasing demand from the packaging industry. They are used in packaging purposes owing to their ability to produce instant bond without applying heavy pressure. Due to their eco-friendly nature, governments encourage the use of pressure sensitive adhesives for sustainable packaging in various sectors. They are well-suited for numerous use cases in the form of tapes and labels across packaging, electronics, healthcare, and automotive industries.

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According to the latest research report published by Global Market Insights, Inc., pressure sensitive adhesives market is likely to exceed $9.5 billion by 2024.

Pressure sensitive adhesives (PSAs) are easy to apply and handle, which has driven the industry growth. The industry has grown substantially due to the wide-ranging application spectrum of pressure sensitive adhesives, including specialty tapes, packaging tapes, repositionable tapes, permanent labels, peelable labels, direct food contact applications, etc. These labels and tapes are used for aesthetic and safety purposes. Rising cognizance regarding environment conservation and reduction of ecological footprint in packaging sector with the use of bio-based PSAs may escalate pressure sensitive adhesives market share.

Pressure sensitive adhesives industry outlook is likely to gain massive growth opportunities from medical industry. These adhesives are used in the medical industry to assemble medical devices, such as skin sealant, cast boot sole attachment, blood bag assembly, IV tube set, etc. Reports estimate that medical industry will contribute to pressure sensitive adhesives market size with a growth rate of around 5.5% CAGR over 2018-2024.

UV adhesives have found widespread applications in industrial graphics for nameplates, durable labels, graphic overlays, and membrane switches. These adhesives possess high viscosity, which make them screen printable. When exposed to ultra-violet rays, UV adhesives can develop the desired viscoelastic properties. Demand for UV adhesives is constantly rising due to its ecological nature, which is likely to foster pressure sensitive adhesives industry growth.

Pressure sensitive adhesives are extensively used in the manufacture of a diverse range of labels, such as peelable labels, permanent labels, high track labels, frost-fix labels, etc. Also, these adhesives have gained considerable adoption in films & laminates application segment. Pressure sensitive adhesives market share from films & laminates applications is expected to accumulate gains at a CAGR of around 4.5% over 2018-2024.

Rubber-based pressure sensitive adhesives have gained massive traction since they are economical, offer good adhesion, are easily available, and use both synthetic and natural rubber for their manufacturing. Natural rubber-based PSAs have low tack and are required to be formulated with tackifiers and plasticizers to gain pressure sensitive properties. Their application involves low stress and temperature.

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In Latin America, Mexico and Brazil are key country-specific markets, which are boosting pressure sensitive adhesives market share. Both the countries have been witnessing huge expansion in industrial sector, which has induced high pressure sensitive adhesives industry demand. As per estimates, Latin America pressure sensitive adhesives market is likely to touch $550 million by 2024.

Some of the key companies influencing pressure sensitive adhesives market trends are Henkel, Evonik, Bostik, HB Fuller, Sika, Dow Dupont, Arkema, and Avery Dennison.

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Pigments Market Size – Outlook 2020, Trends Analysis, Growth, Volume, Revenue Forecasts till 2025

The global pigments market will be witnessing promising growth on account of rising demand from the construction and printing ink industry. Paint and coating industry is a major contributor to the global construction sector which is proliferating on account of increasing urbanization and industrialization lately.

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Frontrunners in the pigments market:

BASF SE, Merck Group, Ferro Corporation, Lanxess AG, Pidilite Industries Ltd., Clariant AG, DIC Corporation, Cathay Industries Group, Cristal, Tokan Material Technology Co., Ltd., Tronox, Inc and Huntsman International LLC.

In fact, in 2017, cement production in the U.S. was claimed to have increased to 86.3 million tons from 85.0 million tons in 2016. The pigments market trends are also estimated to observe considerable growth during the forecast period with increased spending on public infrastructure by governments worldwide.

 

According to reports, printing ink was one of the key customer products in 2017 and the segment is projected to grow at a substantial pace in the coming years. With rising demand from the packaging sector, printing ink industry is projected to become a USD 20 billion sector by 2020. Growth in printing ink industry could also in turn become a major driving factor for colorants between 2018 to 2025.

In terms of revenue, the organic pigments market was slated to be the largest product segment in 2017 owing to its low-level of toxicity. Specialty pigments segment is most likely to experience gains due to factors like its vibrant colors and excellent luster that can ideally be used in plastics, paints & coatings and in cosmetic products. These pigments are used for enhancing the appearance, value, and performance of a product. They are also used in printing inks to create product packaging that would generate maximum consumer attraction, thereby boosting pigments market size.

 

Asia Pacific was slated to hold a major share in colorant market and is likely to grow at a considerable CAGR over the forecast period. Increase in the income of consumers could have a direct impact on the construction market which would augment APAC pigments industry size.

In addition to this, North America has also recorded significant market size from the colorant segment. The region’s paints & coating and plastic industries are growing at a considerable pace which would create immense growth opportunities for market players in the future. Moreover, with rising industrialization and urbanization, companies in North America are likely to observe huge demand for pigments during the forecast timespan.

 

The colorant market is regulated by construction and environmental organizations. There are numerous safety concerns regarding pigment handling and storage. For example, iron oxide black consists of bivalent iron and could undergo an oxidation process which could lead to exothermic reaction. Thus, it is important to store the substance below 80°C.

Also, chemicals like quinacridone are highly insoluble in water and organic solvents, which thereby makes its biodegradation process slower. Moreover, increasing regulations that are favoring low volatile organic compounds (VOC) as an ingredient in coatings & paints have impacted pigments market size globally.

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Additionally, colorant raw materials are derived from petroleum derivatives such as benzene, ethylene, toluene, and naphthalene – fuel products that are observing increased price due to inflation in the past few years. Also, pigments consisting of lead chromate, molybdate sulfate, cadmium and lead sulfochromate that are harmful to the environment. These factors may slightly restrict demand in pigments market

However, with rapid proliferation in numerous industries like paints & coatings, plastics, printing inks, and construction materials, the colorant market could accrue prominent growth in the future. Estimates claim that pigments market size could be worth over USD 18 billion by 2025.

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Polyoxymethylene market to register lucrative CAGR through 2024

According to a research report from Global Market Insights, Inc., polyoxymethylene market size is projected to surpass around USD 9 billion.

A gist of the prominent drivers fueling POM market share:

Expansion of automotive sector

The automobile industry will play a major role in propelling polyoxymethylene market growth. Since a while now, environmental concerns and other factors plaguing automakers are prompting them to look for enhanced options, light-weighting being one of them. Polyoxymethylene in consequence, is widely used in automotive component manufacturing, since it helps reduce the overall body weight of the vehicle. The demand for low weight engineered polymer materials as opposed to metals, in manufacturing vehicle bodies is thus increasing rapidly, pushing the requirement of polyacetal in automotive domain.

Another advantage that POM provides in auto component manufacturing is its ability to reduce pollutant emission. Given the current scenario where carbon emissions are becoming a worldwide problem, the demand to lower the same has become vital. Automakers are also facing pressure from regulatory authorities to lower the amount of CO2 emissions.

The escalating requirement for passenger and commercial vehicles across the globe and the rising need to lower pollutant emissions and vehicle weight have thus enabled the automotive sector to emerge as a major growth propellant for the overall POM industry.

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As per Global market Insights, Inc., automotive application segment, in 2016, held the maximum polyacetal market share.

Consistent growth in medical sector

The healthcare and medical devices industry is one of the fastest-growing industries of recent times. This would prove to be a major driving factor for polyoxymethylene market, since the product finds extensive application in medical device manufacturing. The recent times have witnessed a remarkable surge in the prevalence of cardiovascular diseases, joint and knee-related disorders, and other ailments, in tandem with the number of road accidents.

This has gradually led to an increase in the demand for pacemakers, joint replacement components, and the like, which has resulted in a rise in the requirement of POM in medical device manufacturing, on account of its excellent dimensional stability and stiffness.

Citing an instance, BASF boasts of a POM brand called Ultraform, that is extensively used in manufacturing parts that are deployed sterilization processes like superheated steam, plasma, and ethylene oxide. The consistently expanding medical sector and the subsequently rising demand for highly advanced, state-of-the-art healthcare devices will thus be vital driving parameters for POM market.

Major trends propelling polyoxymethylene market growth:

The global polyacetal market is characterized by a number of ongoing trends, a few of which are mentioned below:

Rising demand for copolymer POM in electronics industry

POM is available in two different  versions – copolymer and homopolymer, and various manufacturing processes are used to produce the same. Of these, copolymer has gained immense popularity in recent times, which has proved vital for polyacetal market growth. The popularity can be attributed to the product’s excellent flexural strength, fatigue resistance, and supreme lubricity. Additionally, copolymer POM also possesses outstanding electrical conductivity and mechanical strength.

Owing to its excellent characteristics, copolymer POM prominently finds applications across the ever-expanding electrical and electronics industry, especially in instances that require long-term, long-lasting solutions. Copolymer polyacetals are often adopted in the manufacturing of intermediate parts such as faucets, clips, valves, lugs, bushings, etc. In addition, the product is also used in manufacturing coffee spigots, filter housings, food conveyors, and milk pumps.

As the electric and electronics sectors depict a rise, the use of copolymer POM is expected to showcase a gradual growth.

Escalating popularity of recycled POM

Polyacetal is technically available in the standard, UV stabilized, reinforced, special, recycled, and impact modified grades. Of these, recycled grade polyacetal is garnering mainstream momentum in recent times. The reason for the same can be attributed to the fact that recycled grades provide superior flexibility during the development of intermediate stocks and shapes.

The popularity of recycled grades has been emerging as a major POM industry trend also because, when recycled polyacetal is manufactured using other polymers, the end product is characterized by high performance features such as enhanced tensile strength and astounding flexural strength. These properties make recycled POM an attractive option in numerous industries, thereby providing an impetus to the overall polyoxymethylene industry.

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Footwear applications to bolster styrenic block copolymer (SBC) market demand, forecast by 2023

Consistent improvements in the healthcare sector to cater to the increasing cases of chronic diseases across the globe is positively influencing global styrenic block copolymer (SBC) market trends. Improving living standards among people across the globe along with the ability to spend on advanced healthcare services is supporting the need for the product.

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For 2017 to 2018, the total healthcare expenditure in Australia was recorded at US$185.4 billion, equating to US$7,485 per person. SBC boasts of wide product application range, from roofing to footwear to coatings, as they enhance the cohesive strength, render a superior weathering resistance, increase the rheological performance and improve adhesion on difficult substrates.

Favorable support from the U.S. government will supplement the regional demand for SBC in the coming years. The U.S. FDA has recognized styrene block copolymer safe for use as in contact with food under section 177 of food for human consumption.

The increasing presence of automobile giants in the U.S. is another major factor supporting the demand for SBC in the region. Brands like Tesla, Chevrolet, Ford, and Jeep are increasingly improving their product portfolio to meet the demand for advanced automobile solutions from people in the U.S. Sustained production and sales of fossil fuel-powered and electric vehicles in the country will augment styrenic block copolymer industry share.

Robust Europe footwear industry

SBC is widely used in footwear application and are mainly used to make the sole of a shoe, since he materials carry high resilience properties. Improving standard of living among people in both developed and emerging nations is propelling the need for stylish yet comfortable footwear.

Rise in health-conscious people owing to the surging cases of cardiovascular diseases and obesity is driving the adoption of fitness activities like gym, trekking, walking and other forms of physical activities. This has considerably pushed the need for long-lasting and reliable footwear.

Increasing dependence on online shopping owing to high penetration of the internet, wide product availability and cost-effectiveness will complement the sales of footwear.

Fluctuating prices of the raw material owing to the rising political unrest affecting the cross- border trade of SBC will pose as a slight growth obstacle in the near future.

Many styrenic block copolymer companies constantly extending high-quality products through advancement in various industries include, Zeon Corporation, BASF, Nippon Oil & Energy, Kumho Petrochemicals and Asahi Kasei among several others.

Demand for styrene butadiene styrene (SBS)

Styrene-butadiene styrene or SBS market share has been witnessing unprecedented growth over the years. It is a synthetic rubber that comprises styrene and butadiene monomers. They possess characteristics like natural rubber and are used to make tire treads, sole of shoes and to improve the fit of baby diapers due to elastomeric properties.

High infancy birth rate especially in emerging countries like Asia Pacific is outlining the product demand landscape in the region. In the year 2016, the fertility rate in India was recorded at 2.33 births per woman. The high infant birth rate in such regions is creating the demand for improved and comfortable baby diaper products, inadvertently driving SBC market forecast.

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SLI Battery Market Overview, Growth Forecast, Demand and Development Research Report to 2025

The latest research report on ‘SLI Battery market’ added by Global Market Insights, Inc. presents a detailed analysis concerning market share, market valuations, revenue estimation, SWOT analysis, and regional spectrum of the business. The report further highlights key challenges and growth prospects of the market, while examining the business outlook comprising expansion strategies implemented by market leaders.

The size of SLI Battery Market was registered at USD 38 billion in the year 2018 and is anticipated to cross USD 47 billion by 2025. Between the period 2019-2025, the SLI Battery Market is expected to register a CAGR of 3.1%. Increasing demand of passenger vehicles along with the relocation of automobile manufacturing facilities across developing economies including China, Brazil, Indonesia and India will drive the SLI battery Industry growth.

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Increasing demand of passenger vehicles along with the relocation of automobile manufacturing facilities across developing economies including China, Brazil, Indonesia and India will drive the SLI battery market growth. Moreover, shifting trends toward e-hailing and personal mobility will positively stimulate the product demand.

Valve regulated lead-acid SLI battery market is set to witness gains over 4% by 2025. Long service life along with high cranking performance are some of the significant factors that favor the deployment of these units over traditional lead-acid batteries. Adoption of new automobile technologies including regenerative braking and start-stop systems has created a favorable business scenario for VRLA batteries. Furthermore, the increasing demand for additional electrical equipment and electronics in the automobile will create a persistent demand for SLI batteries.

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SLI battery market from aftermarket is anticipated to expand over 2% by 2025. Rising national automobile age coupled with increasing population of automobiles outside the warranty period has created a cyclical demand for lead-acid SLI battery. Furthermore, the shifting trends toward increased spending aimed at the maintenance and repair of vehicles will augment the industry outlook.

The Middle East & Africa SLI battery is anticipated to exceed over USD 4 billion by 2025. Growing number of CKD (Complete Knock-Down) plants coupled with increasing per capita income will drive the product demand. Furthermore, growing construction activities along with recovering economic growth will increase the demand for light & heavy commercial vehicles, which in turn will boost the adoption of SLI battery.

Enhanced flood SLI battery market will witness growth 5% by 2025. Large charging cycles along with optimized charge acceptance are some of the prominent factors that will boost the adoption of these batteries. The increasing demand for high performance automotive batteries with high power supply will further strengthen product penetration.

Leading Key Players in SLI Battery Market are: Johnson Controls, Inc., East Penn Manufacturing Co., Inc., Exide Technologies, Enersys, Leoch International Technology Limited, Crown Battery Manufacturing Company, Trojan Battery Company, Acumuladores Moura S/A, GS Yuasa Corporation, Power Sonic Corporation, NorthStar Battery Company LLC, Interstate Batteries System International, Braille Battery, Inc., U.S. Battery Manufacturing Co., Discover Battery, Enerbrax-Acumuladores Ltda, Continental Battery Manufacturing Company

Table Of Content:

Chapter 4 Global Market, By Technology

4.1 Global market share by technology, 2018 & 2025

4.2 Flooded

4.2.1 Global market from flooded, 2014 – 2025

4.2.1 Global market from flooded by region, 2014 – 2025

4.3 EFB

4.3.1 Global market from EFB, 2014 – 2025

4.3.2 Global market from EFB by region, 2014 – 2025

4.4 VRLA

4.4.1 Global market from VRLA, 2014 – 2025

4.4.2 Global market from VRLA by region, 2014 – 2025

4.4.3 AGM

4.4.3.1 Global market from VRLA by AGM, 2014 – 2025

4.4.3.2 Global market from VRLA by AGM by region, 2014 – 2025

4.4.4 GEL

4.4.4.1 Global market from VRLA by GEL, 2014 – 2025

4.4.4.2 Global market from VRLA by GEL, by region, 2014 – 2025

Chapter 5 Global Market, By Sales Channel

5.1 Global market share by sales channel, 2018 & 2025

5.2 OEM

5.2.1 Global market from OEM, 2014 – 2025

5.2.2 Global market from OEM by region, 2014 – 2025

5.3 Aftermarket

5.3.1 Global market from aftermarket, 2014 – 2025

5.3.2 Global market from aftermarket, by region, 2014 – 2025

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N-hexyl Alcohol Market Analysis by Size, Share, Growth, Trends up to 2024

According to research report by Global Market Insights., N-hexyl Alcohol Market size is projected to surpass USD 1.6 billion by 2024. N-hexyl Alcohol market share is driven by robust growth of food and beverage industry coupled with considerable improvement in socio-economic conditions. The colorless liquid form of the product boasts of a fruity fragrance and is thus used as a flavoring agent for processing several food and beverages. In addition to this, the product also finds major applicability across food packaging, owing to its plasticizer properties, thereby augmenting n-hexyl alcohol industry trends.

An upsurge in FMCG sectors with regards to the socio-economic developments, will further boost N-hexyl alcohol market forecast from the packaging application. Thereby, growing consumer inclinations toward processed and packaged food products such as frozen food, dairy products and many other ready to eat food items will immensely influence the N-hexyl alcohol market outlook in the upcoming years.

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Growth drivers are

  • Rapidly growing personal care industry in the Asia Pacific
  • Strong growth in pharmaceutical industry in North America
  • Sturdy growth in food & beverage industry in the emerging economies
  • Rising packaging industry across food & beverage personal care and pharmaceutical

 

Apart from food packaging, the product is a major constituent for packaging applications across other industries. For instance, the pharmaceutical sector witnesses widespread product applications such as wrapping variety of drugs and medical equipment. Moreover, increasing R&D activities to innovate and develop coating technologies for drugs, prefilled syringes, child resistant packs, 2-in-1 prefilled vial design will positively impact the segmental growth, subsequently augmenting N-hexyl alcohol industry size.

N-hexyl alcohol market perform in terms of chemical intermediate applications accounted for more than 20% of the total market size in 2016. Product is utilized as a chemical intermediate across some of the prominent industries such as, food and beverage, pharmaceuticals and cosmetics pertaining to its chemical reaction boosting properties. The pharmaceutical industry applies it while preparing variety of products such as medicines, hypnotics and antiseptics. Moreover, it is used in preparations of several colorants and fine personal care chemicals used across the cosmetic industry. Positive growth trends across personal care & pharmaceutical industry mainly driven by the high consumption rates of the Asia Pacific and Middle East will generate noteworthy potential for N-hexanol market expansion.

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N-hexanol market from the pharmaceutical end-user is anticipated to grow somewhere nearby 4.0% over the forecast period, owing to widespread product implementation for preparing several medicines. Furthermore, product application as an intermediate in the production of antiseptics along with chromatographical usage in pharmaceutical industry in order to separate chiral compounds will drive the end-user segment over the forecast period.

In 2016, the Europe held over 20% of the global N-hexyl alcohol market share which is further likely to surge over the forecast timeframe. The presence of proliferating personal care sector in the region which utilizes the product as an inert element for manufacturing cosmetics & skincare items has been chiefly driving the regional growth.

Moreover, rising investments on personal care R&Ds complemented by increasing spending on personal care items are projected to boost product demand over the forecast timeframe. As per reliable sources, some of the prominent cosmetic players in Europe have invested nearly USD 1.57 billion in the personal care sector in 2016.

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Key Players are

Sasol, Nanjing Chemical Material Co. Ltd., Alfa Aesar, Jinan Haohua Industry, Haihang Industry Company, Zhengzhou Yibang Industry & Commerce Company, Changzhou XiaQing Chemical Company, Yangcheng Hongtai Bioengineering Co. Ltd., Chengdu Yanxi Chemical Co., Simagchen Corporation, Aopharm

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 Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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Vinyl Ester Market Demand, Recent Trends and Developments Analysis 2025

According to a research report by Global Market Insights, Inc., Vinyl Ester Market size is projected to exceed USD 1.7 billion by 2025.Vinyl ester market is projected to witness significant growth during the forecast period, owing to its indiscriminate deployment across several industries for dealing with harsh chemicals such as acids, alkalis, bleaches, etc. The product offers high resistance to these corrosive chemicals used in several industry verticals.

Conversion of wood to pulp and then to paper involves utilization of highly corrosive chemicals, requiring specially designed processing equipment to resist corrosion from harsh chemical environments. Seeking high equipment cost, the corrosions caused by these chemicals are inevitable and leads to high monetary losses. For this, the pulp & paper industry players are focusing on using vinyl ester based fiber-reinforced plastic equipment in the upcoming years, which will be superior alternatives to conventional metal casted equipment.

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  1. Top Companies
  2. wancor Holding
  3. Mechemco
  4. Nivitex
  5. ALIANCYS AG
  6. Polynt-Reichhold Group
  7. Ashland
  8. Interplastic Corporation
  9. Sino Polymer Co. Ltd
  10. Showa Denko
  11. Scott Bader Company
  12. Hexion
  13. DIC Material

 

Growth Drivers are

  • Extensive use of vinyl ester resins in the pipes & tanks
  • Growth in the U.S. Marine Industry
  • Increasing installation of wind turbines in Europe

 

Rapid expansion of shipbuilding sector will positively support vinyl ester market growth in the upcoming future, owing to high demand for several vessels such as tankers, bulkers and mid-range ships and boats. The shipbuilding industry will look to incentivize the anti-corrosion nature of the product. Vinyl ester resins find widespread utilization in marine applications for manufacturing waterproof barriers for boat hulls and other vulnerable components. Surging global trade, coupled with increasing demand for mega-ships is likely to encourage product penetration across the marine applications, thus accelerating vinyl ester market trends.

Growing shift toward renewable energy generation coupled with favorable wind speeds at the ocean coasts has been fostering the deployment of offshore wind farms. These energy generation establishments are constantly exposed to the corrosive ocean water, which will fuel the acceptance of Vinyl ester resins in order to offer protection to the structures and components immersed in the water.

The robust development of wind energy sector is anticipated to positively impact the vinyl ester market share in coming years. For instance, as per WindEurope, wind power capacity annual installations witnessed a significant rise of 25% during 2016-2017.

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With rising innovations in the fiberglass technology, fiberglass fortified vinyl esters can be used to fabricate or construct corrosion resistant piping, tanks, hoods, ductworks, effective scrubbers, etc. In addition, these equipment and materials also offer other benefits of being lightweight and cost efficient as compared to metals counterparts. Inverse to the metals, the product offers great resistance to underlying issues of crevice corrosion and can sustain pH extremes in varied temperatures.

In 2017, the pipes & tanks application accounted for over 40% of vinyl ester market share. The growth can be credited to immense product demand for storing and processing chemical formulations at high temperatures. Moreover, the product is also used for coating metal containers pertaining to its chemical resistivity which increases the life of electro-refining tanks. Escalating demand for corrosion-resistant pipes & tanks owing to extensive chemical usage in processing raw materials will drive vinyl ester market demand over the projected timeframe.

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Key players are

Swancor Holding, Mechemco, Nivitex, ALIANCYS AG, Polynt-Reichhold Group, Ashland, Interplastic Corporation, Sino Polymer Co. Ltd, Showa Denko, Scott Bader Company, Hexion, DIC Material

About Global Market Insights

 Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Foam Blowing Agents Market is predicted to see lucrative gains upto 2024, U.S. dominated the regional landscape

Foam Blowing Agents Market

The United States foam blowing agents market is likely to register $100 million by 2024. Factors favoring market demand include consumer awareness pertaining to medical devices, well-established healthcare industry, as well as better living standards.

Regionally, APAC accounted for considerable demand in 2015 with approximately 50% share of the overall foam blowing agents market. Improving medical framework throughout China and India is likely to make Asia-Pacific a high growth potential region in the upcoming years. Regional revenue is anticipated to cross $550 million by 2024 because of vigorous sales growth and automotive production owing to enhanced consumer lifestyle dynamics.

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Based on Global Market Insights, Inc., estimates, the global foam blowing agents market size to reach US$1.1 billion by 2024 and will observe 7% CAGR. Foam blowing agents are mainly utilized in polymeric materials like PU foam, with varied foam applications in automotive, furniture, packaging, and construction industries. The polymer foam sector was estimated to be over 1.9 million tons in 2015, and is projected to surpass 2.9 million ton mark by 2024.

Strong growth trends in these aforementioned end-user industries will lay a remunerative foundation for foam blowing agents market over the forthcoming timeframe. Citing an example, the automotive production globally, which includes both commercial and personal vehicles, was nearly 90 million units back in 2015.

Strong commercial and residential spending trends together with positive infrastructure outlook has propelled usage of furnishing and flooring materials. Citing an instance, construction spending globally is likely to surpass $13 trillion by 2024. Polystyrene and PU foam blowing agents market was valued at over $450 million in 2015. PU foam is likely to show a substantial growth rate among all the application segments, owing to increasing demand from interior decoration and automobile.

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Major companies covered in the foam blowing agents market are Sinochem Group, AkzoNobel N.V., ZEON Corporation, Haltermann GmBH, Daikin Industries Ltd, Honeywell International Inc., Arkema S.A., Solvay S.A., E. I. du Pont de Nemours and Company, and Exxon Mobil Corporation.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Humic Acid Market in North America to trace exponential gain till 2026 due to increasing demand of organic products

humic acid market

Humic Acid Market size is witnessing significant growth from 2020 to 2026. With the increasing demand of organic products in U.S. and Canada, North America region is projected to stand tall in humic acid market in the near future. Reports suggest that over 30 per cent of homes across the U.S. make use of organic food products due to rising awareness and high economic affluence of the residents. It is prudent to mention that North America, additionally, also houses the presence of one of the most prominent humic acid providers – Black Earth Humic.

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Black Earth Humic has its root in Canada and is extensively involved in offering highest quality humic material in whole of North America. Its bio stimulants are expected to yield high profits for farm workers as they strive on improving soil conditions. Black Earth in 2016, also announced a strategic partnership with Top Krop Fertilizers to support farmers’ pledge to grow healthy crops.

Apart from the agricultural sector that is leveraging high end benefits of humic acid, the product also finds widespread applications in horticulture, dietary supplements, vertical farms, medicines, residential gardening, and many others. Considering various health benefits of humic acid, the dietary supplements sector is estimated to amass noteworthy gains over the upcoming years. Humic acid products help in detoxification of human body and ay today owing to the growing demand for crop yields in order to feed an ever-increasing population. Over exploitation of arable lands has led to degradation and depletion of soil nutrients and fertility.

However, use of humic acid across this land tends to enhance its water retention properties along with the soil texture, thereby improving the complete soil productivity. Mounting cognizance amongst agriculturists and farmers to maintain and augment the quality of soil for obtaining high agricultural output would substantially bring about a revolution in humic acid market in the upcoming years.

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To meet the requirement of a consistently growing population, agricultural demand, by 2050, may increase by nearly 50 per cent as compared to 2013, as reported by Food and Agriculture Organization report. Additionally, it has been apprehended that worldwide food demand is anticipated to rise anywhere between 59 to 98 per cent by the end of 2050. Therefore, to suffice this, farmers are turning towards sustainable farming techniques and methods which would potentially enhance their production capabilities.

In this context, humic acid market has seen remarkable growth proceeds over the recent years. Rising consciousness pertaining to consuming healthy food, the need for organic food products is tremendously expanding. Humic substances play an essential role in building a nutritious soil system which significantly contribute towards development of more resilient plants. What has prompted the explicit use of these substances in fruit, vegetable, and crop production is a decrease in agricultural land worldwide.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Masterbatch Market 2020 Growth drivers, trends, and forecast to 2026

Masterbatch Market

Global Masterbatch Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Masterbatch Market outlook is likely to be driven by growing adoption of plastics over other materials in various industry verticals, primarily due attributes to light-weight, cost-effectiveness, and durability. Growing popularity of biodegradable masterbatches for various applications in several end-use sectors may also change industry trends over the coming years.

Masterbatch is a mixture of pigments, polymers, and additives that impart color and other properties to plastics, rendering them suitable for various end-use sectors, such as textile, furniture, packaging, automotive, etc. Growing utilization of plastic in the automotive sector to achieve lightweighting in automotive components in order to improve fuel efficiency, may support business growth coming years. Moreover, regulatory mandates pertaining to vehicle production utilizing lightweight components may offer lucrative growth scope for masterbatch industry.

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In terms of revenue, global masterbatch market size is forecast to cross the USD 15 billion mark by 2026.

Available in a variety of colors and the ability to lend varied textures makes masterbatch suitable for wide-ranging applications in consumer goods, such household items, insulation of cables, blow molding of bottles, etc. Expansion of the packaging sector and subsequent growth in demand for plastics in the industry may further fuel product penetration.

Speaking in terms of product type, the industry is bifurcated into color, white, black and additive. Out of all the product types, color masterbatch business is witnessing heavy demand and is likely to register a growth rate of above 5.5% over 2019-2026. Such robust growth can be attributed to towering demand from various end-use industries, including packaging, consumer goods, furniture, construction, agriculture, aerospace, and automotive among other end-users. The black and white product types will also showcase exceptional growth rate owing to their extensive utilization in packaging and automotive sector.

Growth Drivers are –

  • Increasing application of plastic over metals in automotive industry
  • Increasing demand for biodegradable masterbatches

Considering the end-use backdrop, masterbatch industry is classified into construction, packaging, consumer goods, agriculture, automotive, aerospace, and other end-use sectors. Others include furniture and textile industries. Out of all the end-user sectors, packaging industry will hold maximum share and is likely to account for more than 4.5 billion in the overall share over the analysis period. Growing consumer demand for ready to eat food has fostered the expansion of food packaging sector at a robust rate, which, in turn, is bringing excellent revenue flow in the masterbatch industry. Growing focus of manufacturers on producing products with creative packaging in order to attract more customers will also supplement industry share.

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Asia Pacific region is at the forefront of global masterbatch market and is likely to retain its dominance over the forecast period due to thriving automotive and packaging plastic production industries in the region.

That being said, other regions such North America, Middle East Asia & Africa, and Europe are also likely to witness significant product demand during the projected timeline. Expanding construction, automotive, and packaging sectors in these regions are slated to fuel masterbatch consumption in the near future.

The competitive landscape of masterbatch industry is moderately fragmented. Key players contributing towards global masterbatch market expansion include Penn Color, A. Schulman, Tosaf Group, Clariant, Ampacet, Plastiblends, PolyOne, RTP Company, Hubron International, and Cabot Corporation.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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