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GaN Industrial Devices Market is expected to reach USD 1,315.0 million in 2021. By volume, Global GaN Industrial Devices Market is expected to reach 3,427.2 million units in 2021

Posted on May 22, 2015

Gallium nitride (GaN), a wide band gap semiconductor material, is a new technology and offer enhanced performance characteristics compared to other semiconductor devices such as Silicon (Si) and Gallium arsenide (GaAs). Due to high temperature resistivity, low power consumption, high breakdown voltage, better thermal stability and high electron mobility among others, GaN industrial devices are widely acknowledged by different industrial sectors as a green technology. 

Automotive Wiring Harness Market is expected to reach USD 80.50 Billion in 2021

Posted on May 22, 2015

Light vehicles dominated the market share of the automotive wiring harness market followed by heavy vehicles. Due to low maintenance and better fuel combustion, the light vehicles are expected to increase during the forecast period. Moreover, the light vehicles segment includes passenger cars, LCV and LUV. Increase in GDP and high consumption expenditure in Asia Pacific is driving the automotive market. 

Food Service Equipment (Commercial Refrigeration) Market is Expected to Reach USD 44,326 million in 2020

Posted on May 22, 2015

The report discusses the trends, growth drivers, and challenges in this industry in detail. The rapid growth of the global food service market is directly augmenting the demand for food service equipment, which is supplementing the market development significantly. However, the huge initial investment coupled with the complexities related to the utilization of these equipment is hampering the market.The global food service equipment market is analyzed on three fronts in the report: type of the product, washware equipment, and regional distribution.Among the food service equipment markets based on product types, the kitchen purpose equipment market dominated the global industry in 2013. Other segments are the refrigeration equipment market.

Probiotic Market is expected to reach USD 96,046.8 million in 2020

Posted on May 22, 2015

Food and beverages segment held the largest market share in 2013. Probiotic food and beverages market is expected to grow at a CAGR of 7.2% from 2014 to 2020. Following food and beverages, the market for dietary supplements and animal feed are also witnessing steady growth.Asia Pacific is the market leader in the global probiotics market, growing at a CAGR of 7.1% from 2014 to 2020. Europe is the other major region where probiotic sales are increasing significantly. In Asia Pacific, Japan and China are the major market at present followed by Australia and India. Other regions are also showing steady growth. In Europe, Germany and France are the attractive markets growing at a CAGR of 6.8% and 6.6% respectively from 2014 to 2020.

Optocouplers Market is expected to reach USD 3.22 billion in 2021

Posted on May 22, 2015

The advancement in the automotive, industrial and communication sector has impelled the growth of optocouplers market. The key purpose of optocouplers is to isolate low voltage components from high voltage spikes in the same circuit. High speed and high temperature optocouplers face a strong demand from the automobile, communication and industrial sectors. Communication sector have incorporated a wide range of engineered optocouplers such as low current, high speed and isolation amplifier optocouplers. 

Lyophilization Equipment and Services Market to Expand at a CAGR of 8.5% between 2014 and 2020 Owing to Increase in Injectables for Diseases

Posted on May 22, 2015

According to this TMR report, the Lyophilization process is utilized by biotech and pharmaceutical manufacturing industries keeping in mind the end goal to increase the life span and maintain the essential properties of products such as antibodies, enzymes, blood plasma, vaccines, and proteins. Various innovative advancements and the heightened danger of contamination of expensive pharmaceutical products are few of the components adding to the development of the worldwide lyophilization equipment and services market. Moreover, development in the quantity of competitively-priced vaccines and injectables for numerous diseases and increasing demand for contract manufacturing and activities related to outsourcing in the biopharmaceutical industry.

Dyestuff Market to Grow at CAGR of 7.8% during 2014-2020 due to Rising Demand from Asia Pacific

Posted on May 22, 2015

The global dyestuff (black color) market was worth US$120.8 million in 2013 and with the healthy growth prospects, the overall market is expected to reach US$204.3 million by 2020. The report attributes the increasing demand from the global dyestuff (black color) market to the increasing demand for technical textiles. Growth in the apparel market is also expected to fuel demand for dyestuff (black color). However, the market is expected to be restrained by volatile crude oil prices. Also, stringent environmental regulations regarding the production of dyestuff will hamper the growth of the market. However, this has evolved into an opportunity, as the global dyestuff (black color) market is shifting focus towards manufacturing natural dyes. The growing popularity of natural dyes will propel market growth during the period between 2014 and 2020. 

Bearing Market to Reach US$118.21 by 2020 Due to Rising Demand from Defense and Aerospace Industries

Posted on May 22, 2015

The research report has segmented the global bearing market on the basis of products, which are roller bearings, plain bearings, unmounted ball bearings, and others. In 2014, the unmounted ball bearings segment led the global bearing market totaling US$33.38 billion and is anticipated to remain high between 2014 and 2020. The rising demand for unmounted ball bearing is due to its diverse range of application, including automotive wheels, consumer durables, hard drives, railway coaches, and motor engines. On the basis of components, the global bearing market has been categorized into rings, cages, rollers, balls, and others. Among all these components, the balls segment held the largest share of the global bearing market, which was further followed by the rollers segment.

IT-enabled Healthcare Market to soar at 11.8% CAGR till 2020 thanks to Increasing Government Initiatives

Posted on May 22, 2015

The global IT-enabled healthcare market is broadly segmented into software and services. At present, IT-enabled healthcare software holds the largest chunk of the market in terms of revenue, accounting for 74% of the global IT-enabled healthcare market in 2013.The software segment of the global IT-enabled healthcare market is divided into healthcare system applications and mHealth applications. The sector of healthcare system applications is further divided into administrative information systems (AIS), ancillary information systems (AIS), and clinical information systems (CIS). In 2013, the healthcare system applications segment held a remarkable 97% share in the global IT-enabled healthcare market. By services, the global IT-enabled healthcare market is segmented into tele-health, healthcare system strengthening solutions, and mHealth. 

Asia Pacific Baby Drinks Market is Expected to Reach USD 18,291.6 million in 2020

Posted on May 22, 2015

The Asia Pacific Baby Drinks market is segmented by product type into infant formula and baby juice. The market for infant formula is comparatively larger as compared to the baby juice market. Demand for infant formula is expected to remain high in the coming years as it is the best substitute for breast milk. Doctors also recommend infant formula due to its high nutrition content. Therefore, this segment is expected to dominate the Baby Drinks market throughout the forecast period of 2014 to 2020. The demand for Baby Drinks has augmented largely due to the increasing awareness about its usefulness. Infant formula held the highest market revenue accounting for USD 10,371.5 million in 2013 and is expected to remain so throughout the forecast period.

Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Expected to Reach US$ 50.34 Bn in 2022

Posted on May 22, 2015

Increasing demand for automation across different end-use sectors such as automotive, energy & utility, IT & telecom, media & entertainment, and geology & science, among others is encouraging the adoption of engineering software worldwide. In addition, rising penetration of portable computing devices such as tablets and smartphones is bolstering the demand for engineering software, globally.

Demand from North America to Drive Global Chromatography Systems Market to US$10,364.2 Mn by 2019

Posted on May 21, 2015

The segment of HPLC held the largest share of the liquid chromatography market in 2012. HPLC is widely used in applications concerning petrochemical, life science, and biopharmaceutical industries. This, combined with advancement in technology is likely to push the HPLC segment to over US$3 billion by 2019. UHPLC, on the other hand, is projected to be the fastest growing sub-segment in the liquid chromatography market, registering a CAGR of more than 7% in the forecast period.Chromatography systems find application in agriculture and food industries, hospitals and research laboratories, and biotechnology and pharmaceutical industries. Apart from this, chromatography systems are also used in environmental agencies, cosmetic industries, and nutraceutical companies.

Nuclear Turbine Generator Market to Exhibit Impressive Growth at 12.0% CAGR Facilitated by Increase in Installation of New Reactors

Posted on May 21, 2015

Globally, the demand for energy is anticipated to increase rapidly as a consequence of population and economic growth. Additionally, surging industrialization across emerging BRICS economies will also propel the demand for energy. The inadequacy in supply of energy through conventional means of power generation is likely to act as a catalyst, triggering the market for nuclear turbine generators. Until recently, economies around the world were mostly dependent on fossil fuel to address their power need. However, rising carbon emissions and the deteriorating environment has prompted international communities to search for alternative sources of energy.

Widespread Adoption of VFDs to Propel Global Harmonic Filters Market to US$1015.1 Million by 2020

Posted on May 21, 2015

Problems in the quality of power are caused by changes in harmonic frequencies in electrical devices. Optimum quality of power calls for complete suppression of harmonics, which is of immense importance. Widespread application of VFD and surging demand for higher power quality is expected to fuel the global harmonic filter market in the years to come. This TMR report states that the global harmonic filter market is segmented on the basis of four key parameters, namely type, voltage level, end use, and geography. On the basis of type, the global harmonic filter market is categorized into passive harmonic filters, active harmonic filters, and harmonic standard. High voltage, medium voltage, and low voltage are the three key segments in the overall harmonic filter market based on voltage level.

Surging Medical Supplies Demand to Steer Nonwoven Materials and Products Market in Asia Pacific and Middle East Through 2019

Posted on May 21, 2015

The surging demand for medical disposable products is a major factor for the increasing consumption of nonwoven materials and products in developing economies, as analyzed by the study. Additionally, increasing use of nonwoven materials and products in construction, geo-textiles, industrial, and agriculture applications is anticipated to further propel the market.The TMR study examines the nonwoven materials and products market in Asia Pacific and Middle East as per products, applications and geography. Based on products, the nonwoven materials and products market comprises polypropylene, nylon, and polyester. As analyzed by TMR research report, in 201.

Chemical Indicator Inks Market is Expected to Reach US$ 53.1 Mn by 2020

Posted on May 21, 2015

Chemical indicator inks are color changing inks used primarily in chemical indicators for sterilization monitoring processes. These inks undergo a permanent color change upon exposure to specific sterilant and predefined temperature conditions. Change in color of the inks suggests that the sterilization process is completed and the surgical instrument is safe for usage. Rise in nosocomial infections and stringent regulations for sterilization are anticipated to drive the demand for chemical indicators.

Hot Dogs and Sausages Market is expected to reach USD 80.45 billion by 2021

Posted on May 21, 2015

The Middle East and Africa hot dogs and sausages market in terms of revenue and volume is projected to grow at a CAGR of 3.4% and 2.9% respectively from 2015 to 2021. In terms of revenue and volume, Asia Pacific held the largest market for hot dogs and sausages in 2014 and is expected to retain its position as the market leader over the forecast period.

Non-invasive Prenatal Testing (NIPT) Market Expected to Reach USD 2.38 Billion in 2022

Posted on May 21, 2015

Non-invasive prenatal diagnosis refers to screening test recommended for the detection of certain specific chromosomal aneuploidies from maternal blood sample. Over the past two years, the global prenatal testing market has witnessed a paradigm shift from conventional prenatal screening and diagnostic methods such as maternal serum screening, nuchal translucency (NT) scan, amniocentesis, and chorionic villus sampling (CVS) to non-invasive prenatal testing. 

Nanocomposites Market is Expected to Reach USD 5.91 Billion by 2018

Posted on May 21, 2015

Nanocomposites are made up of filler materials and surrounding matrix. The most commonly used filler materials are nanoclays (such as LAPONITE® and Montmorillonite) that have a huge demand worldwide. Nanoclays accounted for over 41% of the global market share by product segment in 2011. This product segment is expected to show a CAGR of 17.4% between 2012 and 2018. 

Industrial Dispensing System and Equipment Market is Expected to Reach USD 20.57 billion in 2021

Posted on May 20, 2015

This is due to the increasing demand of industrial dispensing system and equipment across various end use segments such as automotive, personal care products, pharmaceutical, food and beverage, and others. The increase in automobile production worldwide is stimulating the demand for industrial dispensing system and equipment. In addition, the growing demand for efficient dispensing solutions from pharmaceutical, and food and beverages industry is also influencing the growth of this market. Need for dispensing liquid and adhesive for manufacturing various types of machine parts such wheel bearings, oil seals, motors, and engine parts is also boosting the demand for industrial dispensing system and equipment globally.

Europe Footwear Market is Expected to Reach USD 47625.8 million in 2021

Posted on May 20, 2015

The Footwear market in Europe is primarily driven by change in fashion and rise in the number of working women. In terms of revenue, The U.K. among all the European countries has experienced high growth in the forecast period followed by the Germany and France. Trend shows that athletic footwear is in decline across Europe and consumers prefer non-athletic footwear due to more working women and expansion of shopping center. 

Offshore Mooring Systems Market is Expected to Reach USD 1,159.6 Million in 2021

Posted on May 20, 2015

The market is primarily driven by increasing demand for energy worldwide, technologically enhanced product developments and increasing subsea exploration and production. New generation offshore mooring systems are expected to witness high growth in the next few years compared to old and outdated technology due to their advanced features and safety measures. Moreover, deepwater and ultra deepwater production facilities for oil and gas are driving market growth.

Pyrrolidone Market to Expand at 6.0% CAGR between 2014 and 2020 Driven by Hydrocarbon Recovery Applications

Posted on May 20, 2015

N-Methylpyrrolidone is the biggest product segment and represented more than 70% share of the worldwide pyrrolidone market revenue in 2013. N-Methylpyrrolidone is utilized as a part of paints and coatings as well as automobile and plastics industries. N-Vinylpyrrolidone has applications in the food and beverage industry as well as in the manufacture of cosmetics. Likewise, compounds manufactured utilizing pyrrolidone include cosmetics, drugs, pigments, fungicides, pesticides, and herbicides.According to this report, the demand for pyrrolidone has expanded fundamentally because of a growing interest for natural gas in developing as well as developed economies. Consequently, desulfurization of gases is seen to be a significant application, trailed by agrochemicals and pharmaceuticals.

Growing Construction Industry to Propel Global UV Adhesives Market to Grow at CAGR of 8.1% from 2014 to 2020

Posted on May 20, 2015

According to this TMR report, the global UV adhesives market is segmented on the basis of product, application, and geography. On the basis of product, this market is categorized into silicone, acrylic, polyurethane, epoxy, and others such as PVAc, SBC, polyethers, and polyesters. Owing to optical clarity, wide applicability, low price, and high bond strength, acrylics are used extensively in the manufacture of UV adhesives. The segment for acrylic UV adhesives is a robustly growing one and is expected to retain its leading position in the forecasting horizon. In 2013, the segment for epoxy UV adhesives held a large share of the overall market. However, owing to high demand for silicone, polyesters, and acrylic, the market for epoxy UV adhesives will shrink in the years to come.

Surgical Devices Market to Benefit from Preference for Minimally Invasive Surgeries, Increasing Need for Surgeries, to Grow at 4.2% CAGR

Posted on May 20, 2015

The market is boosted by the increase in the number of surgeries around the world. Increasing number of road and other accidents, growing geriatric population, and the advent of minimally invasive surgical procedures have helped increase the need for surgical devices from both developed and developing regions. Technological innovation resulting in sophisticated minimally invasive equipment is expected to shape the market in the coming years, with demand for increasing sophistication in surgical devices, which results in greater convenience for both surgeons administering the procedure and patients being operated upon, expected to heavily influence the competitive landscape of the global market.Such materials bring about a more organic recovery of the wounds than surgical devices and are thus more in demand.

U.S. to Dominate Global Smart Weapons Market

Posted on May 20, 2015

In 2012, the overall market was worth US$34 billion and, with the positive growth in the forecast period, the market is expected to reach US$66.91 billion by 2019. Smart weapons, also called precision-guided munition, are designed to hit a definite target accurately. With the help of laser guidance systems, TV camera systems, and satellite systems, smart weapons overcome the challenge of hitting moving targets over long distances. The report cites the rising need for precision to avoid collateral damage has promoted the uptake of smart weapons. High defense budget of various nations, coupled with the escalating demand for weapons from emerging economies, has encouraged the growth of the global smart weapons market.

North America Ground Mount PV Utility Capacity Installation is Estimated to Reach 17,589.7 MW by 2022

Posted on May 19, 2015

The solar PV industry in North America is gaining momentum is one of the promising renewable energy generation technology markets. The solar PV market in North America and across the globe is persistently growing towards competitiveness in the electricity sector. Fall in the prices of solar PV component, system, and technologies accompanied by rising electricity prices have assisted in achieving grid parity chiefly in North America. Government support has been instrumental in the progress of the utility-scale solar PV market in North America. Tax incentives and stimulus funded by the government have helped in increasing the installations of utility-scale solar PV in North American countries. Particularly the U.S. individual states in the country have also played a key role in increasing the adoption of renewables,

Global Minimally Invasive Surgery Market to Expand at a 10.5% CAGR During the Forecast Period 2013 - 2019 Due to Rising Expenditure on Healthcare

Posted on May 19, 2015

The global minimally invasive surgery market is segmented on the basis of type of device, type of surgery, and geography. Based on device type, this market is categorized into surgical devices, monitoring and visualization devices, and endoscopy devices. In 2012, the segment for surgical devices held the dominant position in the minimally invasive surgery market. The market for surgical devices is anticipated to witness robust growth during the forecast period owing to widespread utilization of these devices in minimally invasive surgeries. On the basis of type of surgery, the minimally invasive surgery market is segmented into urological, cardiac, gastrointestinal, bariatric, gynecological, thoracic, vascular, breast, cosmetic, and orthopedic surgeries.

Green Packaging Market is Expected to Reach USD 203.15 Billion by 2021

Posted on May 19, 2015

The global green packaging market is primarily driven by increasing health awareness among consumers. Currently, consumers are becoming more conscious about their health. Toxic materials used in packaging, especially food packaging is hazardous to consumer’s health. In addition, consumer preference towards healthy and biodegradable packaging is one of the key driving factors responsible for the growth of green packaging market due to its health benefits. Moreover, increasing environmental concern is also boosting the demand of green packaging globally. With increase in the environmental concern, consumers are shifting towards green packaging as they cause less environmental pollution such as land pollution, landfills and water pollution. In addition, the dearth of natural resources is also contributing to the growing demand for green packaging.

Military Modernization to Help Man-Portable Military Electronics Market Reach US$19,674.5 Mn by 2019

Posted on May 19, 2015

On the basis of product type, the man-portable military electronics market is segmented into force protection, ancillary electronics, imaging, ISTAR (intelligence, surveillance, target acquisition, and reconnaissance), communications, and command and control. Communication was the largest segment of the man-portable military electronics market, accounting for a 45.5% share in 2012. The only means of direct link communication and advanced situational awareness for dismounted soldiers is via manpack radios and transceivers. Countries in Asia Pacific such as India and South Korea, under the aim of digitalizing their military forces, are in the process of replacing their legacy systems with modern means of communication. As a result, this segment is likely to gain recognition over the next few years, growing at a 4.1% CAGR from 2013 to 2019.
 
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