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Global Instrumented Bearing Market is Expected to Reach USD 938.4 million in 2020

Posted on Feb 27, 2015

The instrumented bearing market is primarily driven by increase in automobile production globally. Instrumented bearings are used in various automotive systems such as antilock braking systems (ABS) and electronic stability control (ESC) among others. In addition, the growing demand of instrumented bearings from defense and aerospace industry is also influencing the growth of this market. Need for energy efficiency while operating various types of machinery is also contributing to the growth in demand for instrumented bearings globally.In terms of type, instrumented ball bearing segment held the highest market revenue share accounting to USD 297.1 million in 2014 and is expected to remain so throughout the forecast period.

Vehicle Cameras Market Expected to Reach US$ 1.26 Bn in 2020

Posted on Feb 27, 2015

Vehicle cameras provide high quality real-time video recording and are equipped with different features such as global positioning system (GPS), loop recording and G-sensors. Moreover, these cameras are available in a wide range of price options. This is expected to be significant factor for the adoption of vehicle cameras during the forecast period. Furthermore, different national governments have included vehicle camera installation as their automotive safety plans. Thus, the demand for vehicle cameras is expected to soar significantly during the implementation of these safety programs across different countries worldwide. 

Electronic Health Records (EHR) Market Expected to Reach USD 23.98 Billion Globally in 2020

Posted on Feb 27, 2015

An electronic health record (EHR) is the digital version of health information of an individual patient or population. An EHR stores a wide range of data such as medical history of a patient, medication, laboratory test results, diagnostic images and demographics. The system allows access to patient-related data only to authorized users. The world is witnessing growing adoption of EHR systems across healthcare facilities. In the past, EHR adoption has been higher among medium to large-sized hospitals as compared to small-sized practices, primarily because hospitals have a larger budget than small-sized practices.

Retinal Surgery Devices Market Expected to Reach USD 2.01 Billion Globally in 2020

Posted on Feb 27, 2015

The vitrectomy packs segment accounted for the largest share of 25% of the retinal surgery devices market in 2013. This segment is anticipated to grow at the highest CAGR from 2014 to 2020 due to factors such as greater timesaving pertaining to operating room start-up time and cost saving by decreasing expenses and waste per surgery. The diabetic retinopathy application segment accounted for the largest share of the retinal surgery devices market due to increasing prevalence of diabetes and related eye disorders across the globe. 

Smartwatch Market Expected to Reach US$ 29.67 Bn by 2020 Globally

Posted on Feb 27, 2015

Mid-end smartwatches was the largest segment in terms of revenue in 2013 and accounted for around 44% share of the total smartwatch market. Most of the smartwatch manufacturers have their offerings in this price range and the trend to use smartwatch as a companion device is enabling the growth of mid-end smartwatches segment. However, as the use of smartwatch is diverging from just a companion device to fitness tracking device, high-end smartwatches segment is expected to witness strong growth in the next few years. High-end smartwatches segment accounted for around 17% share of the total smartwatch market in 2013.

Subsea Pumps Market Revenue is Estimated to Reach USD 1,539.1 Million by 2020

Posted on Feb 27, 2015

Depleting oil and gas reserves chiefly at onshore locations have led oil and gas companies to explore offshore oil and gas fields. Subsea technologies used in combination with floating production systems have increased interests among exploration and production companies to focus primarily on deepwater areas. These technologies are used to extract hydrocarbons from offshore oil and gas fields. Subsea pumping is one of the most common methods to enhance oil recovery from subsea oil and gas reservoirs. It also extends the life of existing Brownfield oil and gas reservoirs. 

Global Supervisory Control and Data Acquisition (SCADA) Market is Expected to Reach USD 32.70 billion in 2020

Posted on Feb 27, 2015

SCADA systems are used to control various complex systems and processes in industrial plants, such as power plants, oil and gas, water and wastewater, manufacturing, telecommunication, and pharmaceuticals among others. Moreover, demand for reliable power distribution and transmission among different industries, rising demand for SCADA systems in oil & gas industry and increase in infrastructure investments in emerging markets of Asia Pacific for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market during the forecast period, i.e., from 2014 to 2020.

Global Foam Blowing Agents Market is Anticipated to Reach US$ 843.8 Mn by 2020

Posted on Feb 27, 2015

High growth in the construction industry across the world has led to the rise in demand for insulating foams. This, in turn, is anticipated to drive demand for foam blowing agents that are utilized for the manufacture of foams. Polyurethane foams application is another major driver for the foam blowing agents market. However, strict regulations against chemicals, which are harmful to the environment, are leading to phasing-out of hydrochlorofluorocarbons (HCFC). This would hamper market growth in the next few years. Additionally, volatility in crude oil prices puts pressure on manufacturers’ margins.

Global Antioxidants Market is Expected to Reach USD 3111.5 million in 2020

Posted on Feb 27, 2015

The Antioxidants market is primarily driven by increasing demand for anti aging products. Antioxidants act as a remedy to skin aging by dampening free radicals formation in skin. Antioxidants offer protection to the cell membranes and prevent the oxidation process by neutralizing toxic oxygen molecules and free radicals. Increasing global meat consumption is also influencing the growth of overall Antioxidants market. Due to the growing life expectancy and a robust agriculture sector, the demand for feed antioxidants in the global meat industry is expected to grow during the forecast period.

Global Smart Materials Market is Expected to Reach US$ 63.28 Bn in 2020

Posted on Feb 27, 2015

Significant growth in the global piezo-electric devices market is anticipated to drive the global smart materials market. Additionally, expansion in the artificial organ and bionics industry is boosting the smart materials market. However, challenges in transforming research and development activities into end-use applications are estimated to hamper market growth. Increasing number of end-use applications is likely to provide immense growth opportunities to the smart materials market in the next few years. Piezo-electric materials segment dominated the smart materials market in 2013. 

Diapers Market to be Driven by Increasing Geriatric Population

Posted on Feb 27, 2015

The global diapers market is divided by product, age, gender, and geography. By product, the global diapers market is divided into cloth diapers, disposable diapers, training nappies, and swim pants. Disposable diapers led the global market in 2010, and are expected to continue their dominance in the coming years. This is not just due to their convenience to the average consumer, but their recent incorporation of biodegradable diapers. The growing acceptance of green products in all walks of life is being observed in the global diapers market as well, with environment-friendly biodegradable diapers expected to enjoy a steep growth curve. The other categories within disposable diapers include ultra-absorbent diapers, super-absorbent diapers, and regular diapers.

Nonwoven Materials and Products Market to Receive Upward Thrust Due to Rising Demand from Healthcare Industry

Posted on Feb 27, 2015

The segment of products is further divided into polypropylene, nylon, polyester, bio-component fibers, nano-fibers, and cellulosics. Of these, polypropylene nonwoven fabric held the largest share of market revenue and had a net worth of US$16,438.7 million in 2012. A huge application base of polypropylene nonwoven fabrics in the global market will continue to heighten its demand, leading to the segment’s growth at a CAGR of 6.7% between 2013 and 2019 to reach a market worth of US$25,808.2 million by 2019.The segment of application areas is further fragmented into disposable (medical products, filters, and disposable wipes) and durables (geotextiles, home furnishings, and wall coverings).

Global expenditure on subsea manifolds is estimated to reach USD 3,716.42 million by 2020

Posted on Feb 27, 2015

The hydrocarbon exploration and production companies are gradually shifting their focus towards the development of distinct deepwater basins. Rising investments in complex offshore reservoir structures lead to increase in demand for efficient and advanced technologies. The exploration companies are installing subsea structures with an aim to increase oil recovery from deepwater reservoirs, extend life of existing fields, and reduce the capital and operating expenditures. Subsea technologies have gradually developed over the years and future offshore development projects would benefit from this technology as it substantially reduces the cost associated with production platforms. 

Asia Pacific to Lead Global HVAC Market by 2018 Owing to Economic Recovery

Posted on Feb 27, 2015

The international market for HVAC has been segmented on the basis of type, application, components, and geography. On the basis of type, the HVAC market includes heating equipment, cooling equipment, and ventilation equipment. The heating equipment segment is further divided into furnaces, heat pumps, boilers, and unitary heaters; cooling equipment includes unitary air conditioners, room air conditioners, and coolers; and ventilation equipment includes ventilation air pumps or fans and dehumidifiers or humidifiers. On the basis of application, the global HVAC market includes residential, commercial, and industrial. The components segment is fragmented into heating unit, fan coil unit, control work, and ventilation duct work. Geographically, the HVAC market is divided into North America, Europe, Asia Pacific, and Rest of the World. 

Enterprise Media Gateway Market Expected to Reach US$ 2.37 Billion by 2020 Globally

Posted on Feb 26, 2015

Medium-sized enterprise segment was the largest segment in terms of revenue in 2013 owing to the high number of industries in this segment resulting into large count of employees. In recent years, the market for small-sized enterprises is increasing rapidly as compared to medium and large-sized enterprises owing to the escalating number of startups across the world. Small-sized enterprise segment is expected to be the fastest growing segment for the enterprise media gateways over the forecast period from 2014 to 2020, growing at a CAGR of 3.7% during the period from 2014 - 2020.

Advanced Polymer Market is Expected to Reach US$ 12.12 Bn by 2020

Posted on Feb 26, 2015

Advanced polymer composites are a blend of two or more materials having different properties. These composites are used widely in various end-user industries that require high performance parameters. Globally, demand for advanced polymer composites is primarily driven by growth in aerospace and wind energy industries. This is anticipated to remain the major driver for the advanced polymer composites market in the near future. High cost involved in the production and usage of advanced polymer composites is projected to be the key challenge for market participants.

Leather Chemicals Market is Expected to Reach US$ 8.19 Bn by 2020

Posted on Feb 26, 2015

Leather chemicals play an important role in the production of leather. They are used to enhance the properties of raw leather. Leather chemicals are used widely in the leather industry, as these enhance leather’s durability, heat resistance, and water resistance. Global demand for leather chemicals is primarily driven by growth in the automotive interiors, and footwear industries. This is anticipated to remain the major driver for the leather chemicals market in the near future. Stringent regulations imposed by various governments regarding the usage of leather chemicals are projected to offer key challenges for market participants.

Europe Leads Global Industrial and Commercial LED Lighting Market

Posted on Feb 26, 2015

The global industrial and commercial LED lighting market according to geography is classified into four major regions namely Europe, North America, Asia Pacific, and Rest of the World (RoW). Currently, Europe dominates the global industrial and commercial LED lighting market. Out of the total industrial and commercial LED lighting share in 2012, 33.1% share was generated by Europe. This can be attributed to the accelerating government investment in industrial and commercial LED lighting. In September 2012, Europe banned import and manufacturing of all incandescent lamps. Incandescent lamps utilize more energy than LED lamps. Additionally, countries such as Russia, Denmark, Germany, and the U.K.

Medical Tourism Market Benefits from Rising U.S. Demand

Posted on Feb 26, 2015

Low cost treatment combined with high quality of infrastructure offered by countries in Asia will make this region a prominent medical tourism market during the forecast period. According to market estimates, in 2012 Asia attracted around 2 billion foreign patients for medical services, which resulted in a revenue of over US$6.4 billion. The growth of the Asian medical tourism market is attributed to the presence of well-established medical tourism destinations such as India, Thailand, Malaysia, Singapore, South Korea, and Taiwan. Thailand continues to be the most popular destination among medical tourists from Western Europe for cosmetic treatments.

Mechanical Ventilators Market Boosted by Critical Care Ventilators, to reach US$4,248.7 Million by 2019

Posted on Feb 26, 2015

The basis of this growth has been technological innovation. The current market is growing due to an increasing preference for and usage of home-care ventilators and portable ventilators.One of the key reasons for the growth of the global mechanical ventilators market is the disposable apparatus used in these devices. The report’s analyst states, “Improvements in the structural design that is combined with technological innovation and a wider range of usage settings on mechanical ventilators has greatly changed the construction, nature of use, and rate of use of disposables in the devices.Other driving factors for the global mechanical ventilators market are enhancement of respiratory care device technologies.

MEA Solar Trackers Market Spurred by Fluctuating Fuel Prices of Conventional Energy Sources by 2019

Posted on Feb 26, 2015

According to the report, the key driving factor for the MEA solar tracker market is the increasing demand for energy. Analysts explain that the market, which is currently feeling the strain of fluctuating fuel prices and high demand for energy, will lead to a surge in the solar tracker market, especially for the MEA region.Other market drivers include government incentives that revolve around an increase in the usage of renewable energy resources, along with feed-in-tariff plans that are implemented to boost the demand in the MEA solar tracker market.The MEA solar tracker market is also presented in terms of restraints such as heavy costs of initialization, and extreme and unfavorable weather conditions.

Laser Cutting Machines Market is Expected to Reach USD 4.37 billion in 2020

Posted on Feb 25, 2015

Growing vehicle production globally, rising demand for the aesthetics and outclassing every other substitute tools available for cutting materials are the prime factors driving the laser cutting machines market. The increasing demand for sophisticated and high technological devices such as LED televisions, smart phones and personal computers are increasing rapidly. Laser cutting machines are mainly used to cut printed circuit boards, plastic cases and displays. The cut patterns provided by laser cutting machines are very precise and offer consistent results at high speeds.

Flour Market is Expected to Reach USD 245.82 billion in 2020. By Volume, Global Flour Market is Expected to Reach 183,100.0 Kilo Ton in 2020

Posted on Feb 25, 2015

Increasing demand for bread and bakery products and convenience staple food is the major factor driving the flour market globally. Flour is fine and coarse powder processed from agricultural crops which include maize, rice, wheat and rye among others. Flour is processed by purifying, conditioning, grinding, blending, extracting and drying cereals, seeds and roots. In terms of applications, flour is used in different food items such as noodles and pasta, pet food, wafers, biscuits, crackers, biomaterials, bread and bakery products. With the rise in per capita income and increasing awareness towards convenience food staples, demand for bread and bakery products has increased in recent years. 

Multiplexed Diagnostics Market: Asia Pacific Emerging as Lucrative Regional Segment

Posted on Feb 25, 2015

Multiplexed diagnostics is a technique that provides fast results in limited samples, thereby saving both time and money. It provides great benefits such as rapid detection and analysis of various assays in parallel, declined cost for reagents, labor, and consumables, reduced time duration by permitting one to read large volumes of data at once and enabling the testing of a host of markers at the same time, and assurance of accurate test results through the addition of quality standards, internal quality controls, and calibration curves. Saving precious samples and increasing sample output are the added advantages of multiplexed diagnostics technique.

Molecular Cytogenetics Market to reach US$1.9 Billion by 2019 due to Rapid Growth in Asia Pacific

Posted on Feb 25, 2015

Today the cytogenetics field stretches from identification of chromosome structure to assessment of structural and functional genetic anomalies. FISH holds the largest share in the global molecular cytogenetics market as it allows interpretation of information at a genome level. The reason FISH enjoys such a huge share is that it offers an accurate, speedy, sensitive, and high-resolution result. This segment is likely to grow in the coming years due to technological advancements such as digital imaging and enhanced fluroscence microscopes. The FISH segment in the global molecular cytogenetics market will also be encouraged by the increasing investment in the field of bioinformatics and genomics.

Polymer and Thermoplastic Micro Molding Market to Register Impressive Owing to Healthcare Applications

Posted on Feb 25, 2015

Micro molding is a process that requires a particular molding machine with specific shot control, high speed and injection pressure, and extremely fine resolution to mold tiny devices, parts, and tools. This technology is used for the growth of micro products that need precision. Micro injection molding is generally done for parts designed to be of a size less than one millimeter and weight less than one milligram. Utilization of this technique is not only limited to tiny pieces of a device but may also be used for larger products that need micro-sized elements such as diameter hole and thickness.

Solar Photovoltaic Installation Market to Reach US$145.9 Billion by 2019 Owing to Rising Electricity Demand

Posted on Feb 25, 2015

One of the key reasons for the growth of the global solar PV installation market is the rising demand for electricity around the world. Solar energy is one of the most abundantly gained renewable energy resource on land, especially in certain locations on the globe. This has prompted many players to focus on the global solar PV installation market to meet global energy requirements.The market’s estimated worth by the end of 2018 is expected to be US$145.9 billion in terms of revenue, after growing at a CAGR of 10.7% from 2012 to 2018.The analyst for the report states, “Manufacturing and installation costs in the global solar PV installation market have dipped significantly in the past few years.

Stearates Market is Expected to Reach US$ 4.99 Bn in 2020

Posted on Feb 24, 2015

The market for stearates is driven by factors such as high demand for additives in the plastic & rubber processing industry coupled with rising demand for stearates in the building & construction industry. Stearates are used as lubricating, releasing and anti-caking agents in plastic processing. Stearates are also used as acid scavengers in plastic processing and compounding. They increase throughput and facilitate the formation of smoother and low friction surfaces. Increasing demand for stearates in pharmaceutical, personal care and textile industries across the globe is estimated to offer higher opportunities for market growth over the next few years.

Baking Powder Market Will See Vigorous Growth in Potassium-based Baking Powder Segment Through 2019

Posted on Feb 24, 2015

The report notes that the global baking powder market has experienced steady growth over the last few years because of a parallel growth in the food and fast-food industry. As the consumption of baked products has risen, baking powder - an essential ingredient - has shown growth too. Consumers that are living in urbanized areas rank baked goods high on the convenience quotient. However, conventional types of baked goods are now being replaced by healthier variants that offer nutrition and low fat value.Yet, the global baking powder market has had to brave headwinds in the form of substitute products such as baking soda. Reports about baking powder being detrimental to health have also marred this market to a certain degree.

UV Disinfection Equipment Market to Grow to US$2.5 billion by 2019 Owing to Favorable Trends

Posted on Feb 24, 2015

In many areas, the combination of UV and ozone disinfection is being deployed to create multiple barriers to prevent Cryptosporidium and Giardia filtration. The average capital cost for inactivation of Cryptosporidium via ozone technology is US$8.1 million, and the combination technology of ozone and UV costs around US$4.6 million. Moreover, the annual operation and maintenance expenditure for water disinfection set-up created using ozone is US$460,000, and US$60,000 for a set-up that is a combination of ozone and UV disinfection equipment. Additionally, chlorine takes around 20 minutes of treatment time, but UV treatment take only 6 to 10 seconds
 
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