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Servo Drives and Motors Market is Expected to Reach USD 12.44 billion in 2020

Posted on Apr 21, 2015

According to a new market report published by Transparency Market Research Servo Drives and Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020, the market was valued at USD 8.38 billion in 2013; growing at a CAGR of 5.6% from 2014 to 2020 to account for USD 12.44 billion in 2020. Servo motors are high performance electric motors having characteristics such as controlling the movement of machines. They incorporate precise dimensional tolerance, high-force magnet materials, and advanced design methods. In addition, servo motors offer easy installation and no maintenance cost. Increasing electricity prices and stringent electricity utilization standards are driving the demand for energy efficient motors globally. 

Ethylene Market is Expected to Reach US$ 234.2 Bn by 2020

Posted on Apr 21, 2015

Ethylene is an inflammable colorless gas with a sweet taste and odor. Ethylene is used extensively in industrial applications. Considering the broad range of industrial applications of ethylene, several prominent petrochemical companies across the world engage in the manufacture of ethylene and its diverse types of derivatives. These international petrochemical companies increase their production capacity of ethylene periodically.

Biosurfactants Market to be Driven by Fluctuating Crude Oil Prices from 2014 to 2020

Posted on Apr 21, 2015

Increasing regulatory encouragement for the usage of biosurfactants, rising awareness regarding the environmental impact of synthetic surfactants, and fluctuating crude oil prices are expected to drive the demand for biosurfactants in the forecast period. However, low availability of critical feedstock and lack of cost-competitiveness of biosurfactants against their synthetic counterpart are acting as restraints on the biosurfactants market globally.The report presents the product segmentation of the global biosurfactants market, including sucrose esters, methyl glucoside esters, fatty acid N-methylglucimides, methyl ether sulfonates (MES), anionic APG derivatives, alkyl polyglucosides (APG), rhamnolipids, sorbitan esters, alkyl polypentosides (APP), sophorolipids, and others.

Rising Construction Activities in Asia Pacific to Fuel the Growth of Global Building and Construction Plastics Market

Posted on Apr 21, 2015

Increasing construction activities in countries such as India, China, and Brazil are expected to boost the global building and construction plastics market during the forecast period. Urbanization and changing lifestyles of the developing economies will contribute to the growth of the market. However, the report suggests that the rise in regulations on environmentally unsafe buildings and construction plastics might restrain the growth of the global building and construction plastics market. Growing awareness about the environment would create further opportunities for the market to capitalize on. The report mentions that the rising demand for bio plastics will fuel the growth of global building and construction plastics market. 

Automotive Thermal System Market is expected to reach USD 48.48 Billion in 2020

Posted on Apr 21, 2015

The automotive thermal system is expected to experience growth due to increase in requirement for automotive heating and ventilation system and implementation of technologically advanced heating, ventilating, and air conditioning (HVAC) system. High cost factor is one of the major restraints to the growth of the automotive thermal system market. Advanced and improved technology comes at a higher cost.

Propane Market is expected to reach USD 145.82 Billion by 2022

Posted on Apr 20, 2015

Owing to its clean form of existence as compared to other oils, demand for propane is rising and expected to grow substantially in the next four to five years. Propane is gradually becoming the primary fuel worldwide, chiefly due to its growing applications in transportation and domestic segments. Rising demand for energy and awareness of global warming would significantly augment the propane market in the next four to five years.

Europe Pet Food Market is Expected to Reach USD 28,146.1 Million and in terms of volume is Expected to Reach 4,602.5 kg Million in 2021

Posted on Apr 20, 2015

In addition, the pet food market can be further segmented on the basis of food types into: dry food, nutritious food, wet/canned food, snacks/treats and others. The dry food segment held the largest market share in the pet food market by food type. Ease of handling coupled with lower prices are the major factors boosting the demand in the dry food segment. In addition, added nutritional value is also fueling the demand for dry pet food. 

Proximity and Displacement Sensors Market is Expected to Reach USD 3.56 billion in 2020

Posted on Apr 20, 2015

The proximity and displacement sensors market is primarily driven due to the growing demand for automation in the industrial sector. Moreover, the increasing awareness for efficiency in production is acting as a driver for the proximity and displacement sensors. In addition, the rising concerns for safety in automobiles are also fueling the growth for this market. Furthermore, the falling prices of components required to manufacture this sensors is acting as a factor for growth in this market.

Consumer Goods Sector in Global Aniline Market to shine as Fastest growing End User

Posted on Apr 20, 2015

Increasing demand for MDI (Methylene diphenyl diisocyanate) will drive the global aniline market significantly. MDI is used as an intermediate to manufacture coatings, elastomers, sealants, and adhesives in the polyurethane industry. Furthermore, the rising consumption of aniline in OEM sector and construction industry will boost the market growth. The growing number of its end-use industries will also drive the global aniline market. However, stringent government policies concerning effects on human health and environment will plague the market growth during the forecast period. 

Building Integrated Photovoltaics (BIPV) Market to Grow at 18.7% CAGR Owing to Rising Awareness about Carbon Emissions

Posted on Apr 20, 2015

The report has segmented the global market for building integrated photovoltaics in terms of product types, technology, end-user applications, and geography. On the basis of product type, the market has been segmented into curtain wall, rooftop, and BIPV windows. According to the findings of the report, rooftop accounted for approximately 67% of the market share in 2012 to emerge as the fastest-growing segment. Considerable increase in demand for curtain wall has been noted in the last couple of years as well. The growing applications of curtain wall across the commercial sector are expected to boost the overall demand for the product segment.

Dashboard Camera Market Expected to Reach US$ 1,524.8 Mn by 2020 Globally

Posted on Apr 17, 2015

The major factors fuelling the growth of the market are government initiatives in order to improve road safety, availability of wide range of dashboard cameras and encouragement from insurance companies for installation of dashboard cameras. The major factor challenging the growth of this market is personal privacy laws particularly in some European countries which restricts camera users to take videos at public places may hamper the market growth. The market finds tremendous growth opportunities in partnership with automobile manufacturers and untapped emerging markets.

Power Distribution Unit (PDU) Market is Expected to Reach USD 1.94 billion in 2021

Posted on Apr 17, 2015

Rapid increase in the amount of data generated and the growing need for storage of these data in data centers across different industry verticals are the major driving factors for Power Distribution Unit (PDU) market. Data centers rely heavily on PDUs for distribution of power to the network components of the server rack. Furthermore, PDUs are also used to track power usage by each component of the rack and reduces the overall power consumption throughout the data centers.

Isoxaflutole Market to be Augmented by Increase in Food Crop Production

Posted on Apr 17, 2015

Momentous manufacturing of these food sources in developing economies including Brazil and developing regions such as Asia Pacific is likely to expand the isoxaflutole market over the next few years in these provinces. A few of the leading companies employed in the manufacturing and buying of isoxaflutole include E. I. du Pont de Nemours and Company and Bayer CropScience. Bayer CropScience manufactures isoxaflutole under the distinctive label of Balance and Merline.As per the TMR report, isoxaflutole demanded globally in vegetable crops comprised approximately 90% of the market share in 2013. The vegetables such as sugarcane and corn are the only harvest that expends isoxaflutole herbicide.

Global Continuous Glucose Monitoring (CGM) Market Will Reach USD US$910 million in 2019 by Transparency Market Research

Posted on Apr 16, 2015

As reported by International Diabetes Federation (IFD), in 2013, approximately 382 million people worldwide were diagnosed with diabetes, and this number is expected to gallop to 592 million before 2035 ends. In addition, as per the findings of Juvenile Diabetes Research Foundation (JDRF), a 23% rise in the total number of type 1 diabetes was noted in the U.S. alone between 2001 and 2009. The report highlights, rising number of people suffering from type 1 diabetes will drive the demand for CGM in the global market. The research study on the global CGM market focuses on analyzing the incumbent demand and supply trends to determine the growth trajectory for the market.

Carbon and Energy Software Market Expected to Reach US$ 984.5 Mn by 2022 Globally

Posted on Apr 16, 2015

Carbon and energy software market can be segmented into on-premise and hosted solutions, based on its deployment type. The on-premise carbon and energy software market held the share of around 80% in terms of revenue in 2013. However, increasing penetration of Internet and rising demand for scalable solutions have led to the growing popularity of hosted carbon and energy software market. Thereby, this segment is expected to grow at a significant rate during the period from 2014 to 2022. Furthermore, lower initial investments and ease of deployment has led to the increasing adoption of carbon and energy software by numerous small and medium enterprises (SMEs) across the world.

Middle East Pet Food Market is Expected to Reach USD 350.5 Million by 2020, and Latin America Pet Food Market is Expected to Reach USD 10,361.0 Million by 2020

Posted on Apr 16, 2015

The pet food market in Middle East and Latin America is primarily driven by growing awareness regarding pet health. Consequently demand for packaged and branded food is expected to increase in near future. Moreover, with growing urbanization comes busy work schedule. As the company of pets act helps to release stress, there is an increasing trend of people adopting pets. This factor is also driving the demand for pet food in these regions. In addition, demand for pets for companionship and for security reason is rising due to the growing trend of the nuclear family. This, in turn, has significantly boosted the demand for pet food in Middle East and Latin America.

Global Drill Bits Market to Reach 3,605 Hundred Units by 2019: Transparency Market Research

Posted on Apr 16, 2015

A TMR analyst working on the report said, “The global drill bits market for oil and gas industry was previously dominated by rolling on cone bits. But now, the market is making substantial progress thanks to the use of polycrystalline diamond compact (PDC) cutters. Today, they are used as commonly as roller cone bits in multiple drilling applications.”He also said that the oil and gas industry in general is beginning to prefer PDC drill bits due to the better performance and higher durability they provide. PDC drill bits are more expensive than conventional roller cones, but they help reduce drilling costs as they require a much lesser frequency of replacement or repair, which also helps reduce the overall drilling time.

Global Life Sciences BPO Market to be Worth USD 596 Billion by 2019: Transparency Market Research

Posted on Apr 16, 2015

This growth in outsourcing is driving the life sciences BPO market globally. Currently, new strategies for outsourcing are developed for almost every stage of the manufacturing and research process, which is boosting the life sciences BPO market. For example, in the research area for drug discovery a cross-functional, completely integrated outsourcing model is employed. Other areas of research driving the life sciences BPO market are gene-silencing, proteomics, and genomics for the identification of targets and validation of targets for complex diseases.

Tea Market is expected to reach USD 47.20 billion in 2020

Posted on Apr 15, 2015

The global demand for tea is being primarily driven by the increasing demand for hot beverages among the growing population. Along with this, growing health consciousness among the consumers has also been a major factor in the growth of the tea industry in recent years. The super antioxidants property of tea helps to prevent arthritis, improve bone density, control blood pressure and reduce risk of heart disease such as protection against cardiovascular and degenerative diseases among others. Green tea consumption helps to protect against developing of esophageal and stomach cancer. All these factors have further contributed to the growth of the tea market. 

Docking Station Market Expected to Reach US$ 6.02 Bn by 2020 Globally

Posted on Apr 15, 2015

The docking station market is driven by various factors including proliferation of handheld devices along with the rising trend of BYOD and CYOD policies and high advantages of docking stations for mobile device users. Bring your own device (BYOD) is the concept of allowing the employees to use their own personal devices for office-related work. This may include laptops, tablets, and smartphones. Choose your own device (CYOD) is another rising trend in workplaces, in which the organization allows its employees to select a device from a specified range of devices.

Dimethyl Ether Market is Expected to Reach US$ 8.37 Bn in 2020

Posted on Apr 14, 2015

Dimethyl ether, commonly known as DME, is a downstream derivative of methanol. It can be obtained from fossil fuel resources such as coal and natural gas as well as bio based feedstock such as agricultural waste, forest waste, municipal waste and black liquor. Favorable physical and chemical characteristics of DME make it a viable option for a number of applications; its application as blending chemical in LPG is the most important one. Owing to the similar properties of LPG and DME, accurate proportion blend of the two chemicals does not require significant change in existing equipment and logistical operations, which were earlier used for LPG alone.

Access Control and Authentication Market Expected to Reach US$ 49,890.3 Mn by 2020 Globally

Posted on Apr 13, 2015

Countries across the globe and international regulatory bodies have planned and designed compliances and policies for security, which have led to the increased investments on security by companies and organizations. In the coming years, increase in security budgets for safeguarding critical infrastructure across countries is expected to continue driving the demand for physical security systems. Moreover, revival of commercial projects across various fields including residential, defense, and commercial sectors is expected to further boost the demand for such solutions. An increasing trend in the access control and authentication market is towards the convergence of physical and logical access control solutions. 

Body-Worn Temperature Sensors Market is expected to reach USD 93.4 million in 2020

Posted on Apr 10, 2015

The global body-worn temperature sensors market is a niche market with a handful of players dominating the market. Body-worn temperature sensors effectively monitor and measure bodily activities such as body temperature, heart rate and pulse rate among others. The wearable sensors used in fitness and wellness segment help to monitor emotions and activities, whereas these sensors used in healthcare segment examine vital signs of diseases and enhance senses and temperature. Therefore, the wide implementation of wearable temperature sensors in the healthcare segment is fuelling the growth of the market.

India Welding Consumables Market is Expected to Reach INR 45.37 Bn by 2020

Posted on Apr 9, 2015

The welding industry in India comprises various large, medium and small companies that manufacture welding consumables. Large international players such as Lincoln Electric Company Pvt Ltd, ESAB India Limited, and Voestalpine AG (Bohler Welding Group India Pvt. Ltd.) compete with various medium and small companies based in India to provide services to end-user industries. Demand for welding consumables is directly proportional to steel production in the country.

Smart and Mobile Supply Chain Solutions Market Expected to Reach US$ 16,540.5 Mn by 2020 Globally

Posted on Apr 9, 2015

This information plays a key role in decision making for supply chain executives. Further, it also enables product manufacturers in studying dynamic consumer behavior. In addition, rising demand from emerging markets and increasing demand for dynamic supply chain solutions are some of the most significant growth drivers for the smart and mobile supply chain solutions market. In 2013, North America was the largest market for smart and mobile supply chain solutions with a share of 37.2% in terms of revenue. 

Europe Industrial Protective Footwear Market Fueled by Large-Scale Applications

Posted on Apr 9, 2015

The key countries covered under the Europe industrial protective footwear market are the U.K., Germany, Italy, and France. The growing level of awareness regarding the significance of workplace safety in these regions is a vital factor that impacts the demand for industrial protective footwear. Apart from this, the strengthening number of business and manufacturing utilities in these countries has greatly contributed to the growth of the industrial protective footwear market in Europe.Among the major countries, Italy has emerged as one of the prominent markets for industrial protective footwear in terms of exports.

Asia Pacific Pet Food Market is Expected to Reach USD 10,720.0 Million and in terms of volume is Expected to Reach 803.3 kg Million in 2020

Posted on Apr 8, 2015

The pet food market in terms of pet type has been segmented into dog food, cat food and others. The dog food segment held the largest market share in the pet food market in Asia Pacific. Increasing disposable income and rising trend for nuclear family are some of the major factors fueling the demand for dog food in Asia Pacific.

Medical Device Coatings Market is Expected to Reach US$ 10.93 Bn in 2020

Posted on Apr 7, 2015

The market for medical device coatings is driven by increasing healthcare awareness in developing countries coupled with rising demand for better medical & healthcare facilities. Medical device coatings are used to counter microbial growth, wear and tear and prevention of infection through medical devices. Furthermore, significant foreign investment in the medical device market in China coupled with lenient governmental regulations is driving demand for medical device coatings.

Recruitment Process Outsourcing (RPO) Market Expected to Reach US$ 154.7 Mn in 2020

Posted on Apr 6, 2015

The market was valued at US$ 45.6 Mn in 2013 and is expected to reach US$ 154.7 Mn by 2020, growing at a CAGR of 19.3% from 2014 to 2020. Rest of Southeast Asia (RoSEA) region was the largest contributor to the Southeast Asia recruitment process outsourcing (RPO) market in 2013. However, Indonesia is predicted to be the fastest growing market for RPO solutions during the forecast period, growing at a CAGR of 19.9% from 2014 to 2020. The demand for RPO solutions in Indonesia is majorly driven by the high growth in industrial sectors such as manufacturing, healthcare and pharmaceuticals and others.

The Global Digital Radiology Market Is Expected To Reach a Volume of 158.2 Thousand Units by 2018

Posted on Apr 6, 2015

The global economy is rising and the effects can also be seen in the healthcare facilities. Medical equipment across various institutions are being upgraded for efficient results, which is leading to a growth of medical equipment market. Major acquisitions and huge investments in the medical devices market are also boosting the revenue. In spite of recent economic meltdown, medical devices market continues to grow extensively. Modernization of the medical devices, healthcare facilities, and technological advancements are driving the global medical equipment market.
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