Published : Mar 23, 2016Increasing Demand for Energy in Developing Economies to Propel Gas Insulation Substation Market
A substation is a collection of equipment installed for controlling the distribution and transmission of electric power. A gas insulation substation (GIS) is a type of electrical substation and has sulfur hexafluoride (SF6) gas as its insulating medium. GIS are much more efficient as well as reliable as compared to their counterparts, including air insulated substations.
Published : Mar 23, 2016Global Crude Oil Carriers Market to be Driven by High Demand for Low-cost Oil from Storage Facilities
Oil tankers specially designed for shipping petroleum liquids such as crude oil, called oil carriers, are an integral part of the bulk transportation of petroleum products across international seaborne routes. The global market for crude oil carriers is thus a multibillion-dollar industry; it had a valuation of US$160 bn in 2015. A recent market research report published by Transparency Market Research states that the market will expand at a 3.5% CAGR over the period between 2016 and 2024. As a result, the market will rise to a valuation of US$217 bn.
Published : Mar 23, 2016Global Tin Market Driven by Expansion of Consumer Electronics Industry
Tin is a silvery-white soft metal that is malleable, ductile, and light in weight. Tin is primarily used in combination with other metals to manufacture alloys. Self-governing tin miners work in various small groups to collect tin ore to supply them to the local merchants. The increasing demand for soldering equipment and soldering alloys is expected to propel the global tin market in the coming few years.
Published : Mar 22, 2016Global Anti-aging Market on Positive Growth Trajectory thanks to Rising Focus on Beauty
The rising demand of the consumers for safe, natural, and effective solutions to fight the signs of aging has resulted in the exponential growth of the global anti-aging market. Diverse products, services, and devices that cater to the evolving needs of the consumers are being introduced on a regular basis, which explains the rapid progress the anti-aging market has been making. And despite the several concerns regarding the safety of the components that make up anti-aging products, this market has maintained a steady demand through the years.
Published : Mar 22, 2016Global Non-invasive Prenatal Testing Market to be Driven by Increasing Average Maternal Age
Non-invasive prenatal testing is progressively being adopted by pregnant women who are at a high risk for common fetal chromosomal aneuploidies, including Patau syndrome, Edwards syndrome, Turner syndrome, and Down syndrome. Non-invasiveness, safety, and accuracy are the key factors credited for the popularity of these tests across the globe.
Published : Mar 22, 2016Growing Industries and Increasing Manufacturing Activities Augment Global Copper Market
Copper is an abundantly found chemical element that is commonly used in everyday items. This exceptionally ductile, soft, and malleable element has high thermal and electrical conductivity. Due to its incredible versatility and remarkable physical, chemical, and aesthetic properties, it is a widely used metal in several industries. When extracted copper is exposed to the surface, it attains its reddish-orange color. Copper is usually extracted from open pit mines or from in-situ leach processes.
Published : Mar 21, 2016Global Potassium Permanganate Market Capitalizes on Lucrative Opportunities in Asia Pacific
Potassium permanganate is a crystalline inorganic compound of a dark purple color. Being an excellent oxidizing agent, potassium permanganate is increasingly used in wastewater treatment, metal processing, aquaculture, air and gas purification, and chemical manufacturing and processing. The chemical is also used as a coloring and bleaching agent in the textile and tanning industries. Potassium permanganate is used in three levels for commercial use. These include pharmaceutical, technical, and free-flowing. Apart from this, the chemical also finds use in air and gas purification.
Published : Mar 21, 2016Expansion of US Welding Consumables Market Attributed to Rise in Construction Activities
The recent revival of the building and construction sector in the US has had a positive impact on a number of associated markets, welding consumables being one of them. The welding consumables market in the US is primarily driven by the growing consumption of steel and other raw materials such as copper, aluminum, ilmenite, rutile, and nickel.
Published : Mar 18, 2016Global Text Analytics Market Gains Impetus from Increasing Need for Social Media Analytics
In 2015, the worldwide market for text analytics stood at US$2.8 bn in terms of revenue. Rising at a CAGR of 17.60% between 2016 and 2024, the market is expected to reach a value of US$12.1 bn by the end of 2024.
Published : Mar 18, 2016Demand for Steel Tire Cords to Sustain Future of Global Tire Cord and Tire Fabrics Market
Tire cords are used in tires to reinforce them, allowing the vehicle to traverse tougher roads with highly durable tires. Tire cords of certain materials can also help increase the tire’s weight-bearing capacity. At the same time, the selection of the tire fabric itself is a key identifier of what role the tire will play. The tire fabrics can range from steel-based fibers, carbon fiber, artificial rubber, and natural rubber.
Published : Mar 17, 2016Global Energy Management Systems (EMS) Market to Reach US$35.9 bn by 2024 owing to Increasing Investments in EMS across Developing Regions
At present, the world lacks widespread access to electricity and energy security. Over the past few years, energy management systems (EMS) have been used frequently to better manage energy usage and distribution efficiently across various industries. Going forward, the world is expected to witness growing use of energy management systems in various applications including building, home, and industrial. The growing need to be environment-friendly is also expected to propel the use of energy management systems in the years to come.
Published : Mar 17, 2016Global Socks Market to Exhibit 8.5% CAGR during 2015-2023 due to Growing Demand from Asia Pacific and Rest of the World
Socks account for a small but significant part of the apparel market. Though socks are commodity products, lately they have been transformed into fashion pieces owing to the growing demand for luxury socks. Changing fashion trends and rise in per capita expenditure on socks have boosted the demand from the market. Introduction of specialty socks and improving retail network will propel the growth of the global socks market. The market is projected to expand at a CAGR of 8.5% during the period between 2015 and 2023. The overall socks market stood at a valuation of US$5.6 bn in 2014 and is expected to be worth US$11.6 bn by 2023.
Published : Mar 16, 2016Global Commercial Aviation Crew Management System Market Players to Enjoy Significant Opportunities in Emerging Economies
The global commercial aviation crew management system market is projected to witness significant growth in both developed and developing regions in the coming years. According to Transparency Market Research (TMR), the global commercial aviation crew management system market will expand at an 8.80% CAGR during the forecast period from 2015 to 2023. In 2014, the global commercial aviation crew management system market was estimated at US$2.1 bn and by 2023, the market is projected to be worth US$4.4 bn.
Published : Mar 16, 2016Increasing Preference for Sustainable Agriculture to Boost Controlled Release Fertilizers Market in Asia Pacific
Controlled release fertilizers are granulated fertilizers and are responsible for releasing nutrients gradually into the soil. They are generally encapsulated or coated with organic or inorganic materials for regulating the pattern, duration, and rate of plant nutrient release. The most common polymer materials utilized for coating controlled release fertilizers include cellulose acetate (CA), polyacrylonitrile (PAN), and polysulfone (PSF). Controlled release fertilizers present numerous advantages over conventionally utilized fertilizers. These include reducing toxic gas emissions and enhancing agronomic safety, among others.
Published : Mar 15, 2016Global Artificial Intelligence Market to Reach US$3,061.35 bn by 2024 due to Increasing Application in Diverse Industries
Several companies emphasizing on different disruptive technologies so as to reach the target customer group effectively is the primary factor boosting the demand for artificial intelligence across the globe. In addition, the rising applications of artificial intelligence in sectors such as BFSI, health informatics, retail, and E-commerce are also boosting the artificial intelligence market.
Published : Mar 15, 2016Increasing Penetration of HD Viewership Drives Global Broadcast Switchers Market
Broadcast switchers are an extremely important part of processing video signals received from several video sources. These switchers are used for creating special effects in video broadcasting and are thus used in almost every type of broadcasting application. Broadcast switchers are popularly used for processing and handling audiovisual content prior to broadcasting live performances, sports, and studio events.
Published : Mar 14, 2016Global Smart Healthcare Products Market to Reach US$57.8 bn by 2023 owing to Transformation of Healthcare IT
Currently, the smart healthcare sector is trending and is going through many changes including the increasing use of information and communication technologies to identify the health challenges and issues faced by patients. Advancements in programming arrangements and equipment have boosted the growth of the healthcare sector in the recent past.
Published : Mar 14, 2016UK Disposable Gloves Market to Capitalize on Rising Demand from Medical and Food and Beverages Industries
Disposable gloves designed for single use are intended to reduce the risk of germ dissemination to the environment and from infected patients to a healthcare professional and vice versa. These gloves largely find use in medical applications. However, the demand for these gloves has recently risen in non-medical applications as well, such as in the food and beverages industry. Natural rubber latex is the most commonly used material to produce disposable gloves.
Published : Mar 11, 2016Mobile Virtual Network Operator Market Benefits from Increasing Demand for Value-added Telecommunication Services
Mobile virtual network operator (MVNO) refers to an entity that resells wireless communication services utilizing the existing infrastructure of a third-party mobile network operator (MNO). The arrangement is a win-win for both MNOs and MVNOs; MNOs have extra bandwidths that they offload to MVNOs at wholesale prices, making a small profit in return, which would otherwise go unused. For MVNOs, they can render services at low retail prices as they do not have any infrastructure to build or maintain and do not have to bear charges for radiofrequency spectrum licenses.
Published : Mar 11, 2016Molecular Diagnostics Market to Rise due to Increasing Occurrence of Hospital-acquired Infections
Molecular diagnostics is a technique utilized for monitoring and diagnosing diseases, detecting risks, and deciding the best therapies for patients. Molecular diagnostics is amongst the most rapidly growing segments of the in vitro diagnostics industry. The increasing occurrence of hospital-acquired infections and the increasingly unhealthy lifestyles of people within Europe are fuelling the development of the market for molecular diagnostics in this region.
Published : Mar 10, 2016Heavy Duty Wear Protection Systems Market: Rapid Industrialization and Urbanization Boosting Global Market
The surge in industrialization has resulted in the growing deployment of automotive parts and machinery, leading to a rising demand for heavy duty wear protection systems. Transparency Market Research states that by 2023, the value of the heavy duty wear protection systems market is estimated to be over US$2 bn, rising from US$1.4 bn in 2014 at a 4.30% CAGR therein.
Published : Mar 10, 2016Global Internet of Things Sensors Market Driven by Introduction of Smart Cities
A simple explanation of the Internet of Things or the IoT would be the ability to connect any device to the Internet through sensors. The Internet of Things is a sprawling network of physical objects equipped with software, electronics, sensors, and network connectivity to enable the objects to gather and exchange data. With the growth of the Internet of Things, the demand for sensors has also accelerated in recent years.
Published : Mar 09, 2016Global Neuromorphic Chip Market Boosted by Growing Scope in Automotive and Defense Industries
Neuromorphic engineering is a relatively modern chip-making concept developed in the late 1980s. The concept integrates VLSI systems with analog circuitry that can imitate neurological as well as biological architectures. It involves the understanding of individual components such as neurons in terms of morphology. The majority of the global neuromorphic chip market is currently focused on creating autonomous robots as well as artificial neural systems.
Published : Mar 09, 2016Growing Demand from Asia Pacific to Drive Global Ultrasonic Sensors Market at 17.1% CAGR during 2015-2023
The rising demand for production and operational efficiency across various industries has boosted the growth of the global ultrasonic sensors market. The market for ultrasonic sensors is expected to expand at a CAGR of 17.1% during the period between 2015 and 2023. The overall market was worth US$380.8 mn in 2014 and is estimated to be valued at US$1,670.7 mn by 2023.
Published : Mar 08, 2016Global Ethylene Vinyl Acetate Market Gains Impetus from Expansion of Flexible Packaging Films Industry
According to a research report published by Transparency Market Report (TMR), the global EVA market stood at US$7.3 bn in 2014. On account of the increased demand, analysts at TMR expect this market to rise at a CAGR of 5.10% during the period from 2015 to 2023 and reach an estimated value of US$11.4 bn by the end of 2023.
Published : Mar 08, 2016Global Market for Crude Oil Desalters and Electrostatic Dehydrators to Register 2.40% CAGR between 2015 and 2023
Crude oil comprises of several salts such as sodium, calcium, and magnesium chlorides. Thus, to remove these salts from the oil, a desalter is required. A crude oil desalter or electrostatic dehydrator is considered as a very efficient way to reduce water content and salts from crude oil. Crude oil desalters help in removing moisture and salts from crude oil, whereas the electrostatic dehydrator helps in removing the water content present in crude oil.
Published : Mar 07, 2016Global Intelligent Virtual Assistant Market: Growing Demand from Large Enterprises to Drive Market at 31.8% CAGR during 2015-2022
Intelligent virtual assistants act as a primary interface between digital data and customers. Based on the input provided, the software performs tasks by accessing the information online through various sources. Intelligent virtual assistant technology integrates user interface, mobile application, and mobile device. Organizing and maintaining information is one of the primary characteristics of intelligent virtual assistants.
Published : Mar 07, 2016Global X-ray Photoelectron Spectroscopy Market to Reach US$749.8 Mn by 2023
X-ray photoelectron spectroscopy is a quantitative system that is used for the measurement of empirical formulae, chemical states, and composition of elements within the material that are under investigation. XPS platforms are widely used to determine an array of biomaterials, ceramics, bones, medical implants, inorganic compounds, metals, biomolecules, polymers, and others.
Published : Mar 04, 2016North America Oxygen Therapy Devices Market to Rise due to Increasing Utilization in Curing COPD
Oxygen therapy is majorly utilized for the treatment of various types of respiratory diseases owing to its supplementary role and beneficial palliative effect. The prime benefits of oxygen therapy are enhanced breathing pattern, enhanced mental stamina, and prevention of heart failure. Oxygen therapy devices are a set of equipment utilized in numerous applications of respiratory care comprising invasive and non-invasive ventilation, asthma management, and aerosol and oxygen delivery.
Published : Mar 04, 2016Personal Protective Equipment Market Grows due to Increasing Awareness about Safety at Workplaces
The growth of industrialization and booming manufacturing processes have created a huge need for protecting the human workforce from occupational hazards. The possibility of meeting a fatal end while at work has urged several corporate giants and manufacturing hubs to reach out for topnotch personal protective gear for their employees. This demand is especially high in Saudi Arabia, where a wide range of construction, oil and gas, construction, and other activities are proliferating and the regulatory push to use protective equipment in workplaces is strong.