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Ethoxylates Market Growth Prospect, Scope, Analysis and Size Forecast To 2025
2 July 2019: The global Ethoxylates Market is estimated to grow exponentially by the completion of the prediction period. The market was appreciated by US$ 10.87 Billion in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. The usage of Ethoxylates for balms and ointments expected to motivate the demand for the product above the prediction period. Growing demand for the product for industrialized uses for example, dampening means and anti-foam expected to motivate the demand for the product above the prediction period.
The Ethoxylates market on the source of Type of End use could span Lubricants & Emulsifier, Insecticides, Ointments & Emulsions, Detergents, Foam Control & Dampening Means, Herbicides, Personal Care, and Others. The subdivision of Detergents presented in various formulas for example cakes, liquid and powder, for the usage in numerous application. It is responsible for sizeable demand for the products. Mainly the market for Detergents, motivated by the increasing populace together with the growing alertness of the customers about sanitation and cleanliness.
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The Ethoxylates market on the source of Type of Application could span Oilfield Chemicals, Pharmaceutical, Domestic& Personal Care, Agrochemicals, Institutional & Industrial Cleaning. Better-quality way of life, greater per head earnings and increasing alertness about cleanliness & individual upkeep has displayed a growing demand for the domestic & personal care merchandises. Growing demand for little foam merchandises by the customers is likely to motivate the demand for the product above the prediction period.
Growing industrial development in the world together with growth in the development of substructure, mainly in the area of Asia Pacific, is likely to push the demand for cleaning, greasing means that practice such products. Accordingly, the subdivision is likely to record a CAGR of 3.5% during the prediction period.
The Ethoxylates industry on the source of Type of Product could span Glyceride Ethoxylates, Fatty Acid Ethoxylates, Alcohol Ethoxylates, Ethyl Ester Ethoxylates, Fatty Amine Ethoxylates and others. The increase in demand for Alcohol Ethoxylates such as an inoculant in the detergent manufacturing projected to take an optimistic influence on the development of the industry. The features for example exceptional preparation by means of extraordinary dampening and speedy disbanding together with decent capability of washing and small harmfulness for the water, estimated to expedite its usage in industrialized uses.
The Ethoxylates market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction spans North America [U.S.A, Canada and Mexico], Europe [France, Germany, U.K.], Asia Pacific [India, Japan, China, South Korea], Central & South America [Brazil, Argentina], Middle East & Africa [South Africa].
By the source of geography, the North American market is likely to observe continuous development above the prediction period owing to improved stress on the ingestion of individual upkeep products by the customers in the area. Greater per head earnings together with the readiness to expend on the individual upkeep products and domestic cleansers is expected to motivate the demand for Ethoxylates in the market.
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Extremely promising guidelines through Federation of Drug Administration together with greater blending possessions of the product is likely to motivate the demand above the prediction period. The market observed a finely tuned demand for Alcohol Ethoxylates owing to higher physical appearance and FDA endorsements for skin contact merchandises.
The market in Asia Pacific categorized by growth in the demand for the product owing to speedy growth of the end user manufacturing in emerging markets comprising South Korea, China, India, and Japan. The area is responsible for 31.1% stake of the international market because of greater capacities of ingestion recognized in the markets comprising Australia, India, and China.
The statement revises Trades in terms of intake of Ethoxylates in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are The Dow Chemical Company, Solvay, India Glycols Ltd, Stephan Company, Royal Dutch Shell Plc, Ineos Group Ltd., Sasol Ltd, Clariant AG, Huntsman International LLC, and BASF SE.
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Transplantation Industry Dynamics, Segmentation, Shares and Market Restraints Analysis Till 2025
2 July 2019: The global Transplantation Market is estimated to touch US$ 51.0 billion by the completion of the prediction period. The market was appreciated by US$ 23.5 Billion in the year 2016. Increasing demand for original fleshy tissue transplantation merchandises and body part transplantation for the treatment of organ disaster is a most important aspect backing in the direction of development of the market. The Transplantation market expected to develop at a CAGR of 9.1% for the duration of the prediction.
Ingestion of alcohol, misuse of medication, absence of keeping fit, and unnatural nutritional lifestyles are more or less most important reasons of organ disaster. Therefore, demand for transplantation merchandises likely to increase in the nearby future. The Transplantation industry on the source of Type of End Use Transplant centers, Hospitals, and Others. The subdivision of Hospitals detained the major stake of the market in the year 2016. Big number of organ and tissue transplant processes directed at hospitals such as they are most important action centers. Furthermore, arrival of hospitals by way of technologically advanced substructure additionally anticipated to trigger the progress of the market. Mainstream of these hospitals have admission to distinct records to check for obtainability of organs helping in speedy medicinal involvement.
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The Transplantation market on the source of Type of Application could span Tissue transplantation, Organ transplantation. The subdivision of Tissue transplantation was the biggest income-earning subdivision of the general market in the year 2016. This was because of replacement of veins, tendons, bones, skin, nerves, heart valves and cornea. These were maximum regularly done processes all over the world.
The increasing amount of burn and misfortune circumstances estimated to boost the demand for tissue products. As stated by CDC, in the year 2013, nearby 28.1 million people go to disaster department owing to accidental wounds. The Transplantation industry on the source of Type of Product could span Preservation solutions, Tissue products, Immunosuppressive drugs. The most significant products utilized for the transplantation of organ or tissue are tissue products, resistant suppressants, and protection solutions. The subdivision of tissue products was the maximum income making subdivision in the year 2016. The growing sum of transplantation processes for instance that of orthopedic soft tissues, heart valves, Cochlear and bone marrow is accrediting to the progress of the subdivision.
The Transplantation market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S., Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa [South Africa].
By the source of geography, North America led the Transplantation industry in the year 2016. It is estimated to continue with its supremacy during the course of prediction period. Strong amenities of healthcare and existence of numerous native big therapeutic and biotechnology equipment businesses, for example Stryker, Medtronic, Arthrex, Inc., Novartis AG, and Zimmer Biomet is assisting the development of the market.
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The difference amid demand and source of organs, comprising heart, kidney, and liver for transplantation has augmented in the preceding period. On the other hand, administrations and NGOs of a number of republics are taking inventiveness to inspire public to contribute the organs and save lives. New-fangled strategies and instructions for organ contribution mark the contribution procedure additional clear as crystal and relaxed. In 2013, the Australian Government directed drive on nationwide improvement to upsurge organ contribution and transplant. This headed to an upsurge in the sum of organ contributions from the preceding time.
The market in the Asia Pacific is expected to develop by the maximum proportion for the duration of the prediction, due to the increasing investigation on stem cells to improve invitro soft tissue and organs along with increasing healthcare substructure in Asian nations for example Indonesia, Thailand, Philippines, and India.
The statement revises Trades in terms of intake of Transplantation in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Veloxis Pharmaceuticals, BioLifeSolutions, Inc., Stryker, Medtronic, Arthrex, Inc., Teva Pharmaceuticals, 21st Century Medicine, Novartis AG, Zimmer Biomet, and AbbVie, Inc.
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Marketing Automation Software Market Technology Outlook, Size and Emerging Countries Forecast 2025
2 July 2019: Global Marketing Automation Software Market is expected to reach USD 7.63 billion by 2025. Marketing automation is termed as a software that exists with the aim of automating marketing actions. It is a place for dealers to manage several marketing communications to advance a buyers propensity to purchase and rise alignment between marketing and sales. Platforms like HubSpot, Eloqua, and Marketo give dealers the capacity to produce, nurture, score, and qualify leads, and drive multi touch marketing communications. The Marketing Automation Software Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
High demand to integrate marketing efforts, rising demand for digital marketing, growing acceptance of automation tools in the retail sector are documented as major factors of Marketing Automation Software Market that are estimated to enhance the growth in the years to come. Marketing Automation Software industry is segmented based on deployment model, vertical, end users, application, and region.
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Cloud and on-premise are the deployment model that could be explored in Marketing Automation Software in the forecast period. Cloud sector accounted for the substantial market share of Marketing Automation Software and is estimated to lead the overall market in the coming years. Retail, academic and education, media and entertainment, advertising and design, manufacturing and distribution, BFSI, healthcare, and other verticals could be explored in Marketing Automation Software in the forecast period.
The market may be categorized based on end users like large enterprises, SMBS, and others that could be explored in the forecast period. The market may be categorized based on applications like social media marketing, campaign management, reporting and analytics, e-mail marketing, lead nurturing and lead scoring, mobile application, inbound marketing, and others.
Globally, North America accounted for the substantial market share of Marketing Automation Software and is estimated to lead the overall market in the coming years. the reason behind the overall market growth could be high demand for data integration services, growing number of internet & mobile users, expansion of 4G network, increasing adoption rate of cloud computing, and rising demand for SaaS cloud services. Also, presence of key manufacturers like IT firms and increasing awareness regarding cloud computing are another factors driving overall market in the region.
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Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise government initiative and favoring policy, obtainability of skilled personnel, increasing number of outsourced projects, and increasing investments. The market is estimated to grow at fastest pace in the countries like South Korea, China, and India in the coming years.
The key players of Marketing Automation Software Market Are Pardot, Adobe Systems Inc., Marketo, Sales Force, HubSpot, IBM Corporation, Oracle, and Salesforce.com. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Cladding Industry Trends, Specification and Business Overview Forecast To 2025
2 July 2019: The global Cladding Market is estimated to touch US$ 111.1 billion by the completion of the prediction period. The market was appreciated at US$ 807 Billion in the year 2015. Growing expenditure on construction and emergence of effectual building expertise by automatic manufacture & setting up procedures are estimated to raise the business.
Increasing application of lightweight materials to raise savings of energy in houses and place of work are expected to enhance the business over the prediction period. Innovative uses are presented for recently established combined panes and additional materials. The Cladding market is estimated to develop at a CAGR of 5.3% for the duration of the prediction.
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The Cladding market on the source of Type of Application could span institutional, Commercial, Housing, Workplaces, and Industrialized. Housing applications were responsible for 29.4% stake of general capacity in the year 2016.It estimated to develop at a CAGR of 5.9%, above the prediction period. Growing funds to improve reasonably priced housing arrangements in developing markets of Asia Pacific and Latin America are likely to motivate progress in housing applications.
The Commercial applications are likely to develop by the subsequent maximum speed due to the propagation of leisure centers, show business, and retail shopping in developing nations like Malaysia, Singapore, India, China, and Thailand. These panes propose warm air lining and artistic application to commercial structures, satisfying the increasing demand for practical, however, eye-catching super marts and shopping malls.
The Cladding industry on the source of Type of Product could span Ceramic, Fiber Cement, Aluminum, Terracotta, Composite Materials, Steel, and Others. The Terracotta held the market by means of above 25% stake of capacity, in the year 2016. The material is extremely sturdy and promotes energy reserves, by way of proposing constant protection boosting the thermal efficiency of the building. These panes are likewise mortar-free and able to set up in dangerous climate circumstances by a small price tag. It is likely to increase their development.
The of Cladding market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage of Cladding in these areas, for the duration of the prediction could span North America [U.S., Canada], Europe [France, Germany, U.K., Italy], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa [United Arab Emirates, Syria, Saudi Arabia, Oman, Kuwait, Iraq, Egypt, Turkey, Sudan, Qatar, Libya, Jordan, Iran, Bahrain].
By the source of geography, Asia Pacific is expected to keep on speedily developing and constitute approximately half of the worldwide construction business by the year 2020. In spite of the slowing down in the Chinese economy, additionally developing markets present plenty openings for venture for providers. Provincial administrations are ramping up labors to inspire private contribution in substructure expansion procedures that may perhaps motivate demand for the maintainable building materials.
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According to World Bank approximations, big financial prudence in Southeast Asia projected to development of GDP by the rate of 5%. A strong range of construction product backs the constancy of the Asian markets, by means of government interference enhancing a mainstream of projects for the improvement of substructure.
North America is anticipated to develop speedily at a GAGR of above 5%. Decreasing proportions of joblessness, increasing admiration of pre-fabricated structures, combination of Building Information Modelling [BIM] machinery and additional tendencies likely to form business dynamic forces, in spite of the complications of scarcity of skilled labor.
The construction business in the area of Middle East & Africa expected to gain from increasing government contribution and growing funds in subdivisions for example substructure, Education. In addition, Healthcare to branch out the nation’s economy & move away from outdated actions to back financial development.
The statement revises Trades in terms of intake of Cladding in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Avenere Cladding LLC, Middle East Insulation LLC, Euramax, Cladding Corp, Rockwool International A/S, Celotex Ltd., Carea Ltd., Shildan, Trespa International B.V., Tegral Building Products, Timco Wood's, CGL Facades Ltd., GB Architectural Products Ltd, Kingspan Insulation PLC.
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Glucaric Acid Market Applications, Drivers, Shares and Scope Forecast 2025
2 July 2019: The global Glucaric Acid Market is estimated to touch US$ 1.30 billion by the completion of the prediction period. The market was appreciated at US$ 550.40 million in the year 2016. The prohibition on the usage of phosphates in the manufacturing of detergents owing to their poisonous characteristics, growing demand from manufacturing industries of foodstuff constituents, Detergents, soaps and its use such as de-icing, erosion inhibitors has augmented demand for Glucaric acid.
The demand for this acid is estimated to rise due to strict rules limiting the usage of unsafe chemicals, thereby restricting ecological destruction. Increasing manufacture of liquid detergent, it was the biggest end user of this product in the year 2016, estimated to perform an important part in boosting the demand in the market. The market estimated to develop at a CAGR of 10.1% for the duration of the prediction.
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The Glucaric Acid market on the source of Type of Application could span De-icing applications, Detergents, Erosion inhibitors, Foodstuff constituents, and others. The manufacturer of detergent is the biggest end user of this product tracked by manufacturing of foodstuff. The detergent manufacturing companies have observed increase in demand for the product owing to the prohibition on the usage of phosphates, mainly in liquid detergents. Increasing demand for recyclable detergents too projected to take an optimistic influence on the market above the subsequent eight years.
Glucaric acid’s use could, likewise, be traced in foodstuff constituents. It was responsible for 22.1% stake of the market by means of income in the year 2016. Increasing consciousness regarding the prominence of this product in keeping the stages of important nutrients has caused in augmented ingestion in daily mealtime. This has performed an important part in motivating its demand.
The Glucaric Acid market on the source of Type of Product could spanD-GlucaricAcid-1, 4-Lactone, Calcium D-Glucarate, Potassium Sodium D-Glucarate, Pure GlucaricAcid, and others. The Calcium D-Glucarate is estimated to develop at a CAGR of 8.4% by price, for the duration of prediction, because of widespread uses in the foodstuff manufacturing boosting the stages of minerals and vitamins in the body. Therefore, protecting the important body part; for instance, liver and lungs.
The D-GlucaricAcid-1, 4-Lactone, is one of the extensively utilized by-products. It is expected to develop at the subsequent maximum CAGR of 10.4% by means of price, for the duration of prediction. The product is utilized in the treatment of cancer. It has observed increasing demand from the developing medicinal subdivision of Asia Pacific, particularly from nations having a greater occurrence of this sickness, like in India and China.
The Glucaric Acid market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A], Europe [Germany, U.K.], Asia Pacific [Japan, China], Central & South America [Brazil], Middle East & Africa.
By the source of geography, Asia Pacific observed the maximum demand for Glucaric acid and its byproducts in the year 2016. This area is likewise estimated to develop at the maximum CAGR of 11.6% for the duration of prediction. Increasing demand for this product from the manufacturers of foodstuff and detergent, particularly in developing nations such as India and China, has boosted the development of the market above the subsequent eight years.
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Taiwan, China, and India are known to have plentiful of sources of raw material and inexpensive manual labor, as equated with North American and European nations. Therefore, most important companies comprising Rennovia and River top have set up production plants in these developing nations of Asia Pacific.
North America held the subsequent biggest stake of 22.6% by means of income, in the year 2016. It was the innovator in presenting this product. As it is a carbon-based product, the usage of Glucaric acid in this nation has been cheered by the governing organizations for example Environmental Protection Agency [EPA], additionally initiating the demand in the market.
The statement revises Trades in terms of intake of Glucaric Acid in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Shanghai Meicheng Chemical Co. Ltd., River top Renewables, Chemo’s, Rennovia Inc., and , Kalion Inc.
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Microgrid Industry Demand, Future Prospect, Emerging Companies and Forecast To 2025
26 June 2019: Global Microgrid Market is anticipated to reach USD 17.51 billion by 2025. The Microgrid is a combination of generation, distribution, transmission, and electricity and used on a small scale as compared to the conventional Microgrid. Microgrids produce power, and in doing so, decrease necessity of long distance transmission lines and cut transmission damages.
The factors that propel the growth of the microgrid industry include increasing demand for reliable and secure power supply worldwide, government initiatives to reduce carbon footprint, and the compensations of clean and cheap energy storage. On the other hand, there are factors that may hamper the growth of the market including massive investment essential for integrating existing systems with microgrid, high primary cost of installation, solar PV installation in rural areas, and technical barriers. Microgrid Market is anticipated to grow at a significant CAGR of 17.0% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
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Microgrid industry may be explored by type, offering, consumption pattern, verticals, and geography. The market may be explored by type as Remote/Island/Off-Grid, and Grid Connected. The “Remote/Island-Grid” segment led the market in 2018 and is anticipated to maintain its dominance by 2025 due to forthcoming installation of new schemes in Russia, and Arctic circle.
The Microgrid Market could be explored based on offering as Services, Hardware, and Software. The “Software” segment led the market in 2018 and is anticipated to maintain its dominance by 2025 due to high acceptance of software across commercial and industrial sites, university campuses, utilities, and municipalities. The industry may be analyzed by consumption pattern as Semi-urban, Rural/Island, and Urban/Metropolitan.
Microgrid industry may be categorized by verticals as Healthcare, Educational Institutes, Military, Industrial, Government & Utilities may be subdivided into Rural Electrification and Urban Electrification, and Other verticals may comprise Data Centers, Telecom Infrastructure (Cellphone Towers), and Electric Vehicles. The “Healthcare” segment led the market in 2018 and is anticipated to maintain its dominance by 2025 owing to growing need for continuous power supply in the healthcare domain, and Next-generation microgrids offer healthcare services the ideal power source for sustaining operator involvement although enhancing energy consumption.
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North America accounted for the major share of the Microgrid Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes growing number of new solar PV microgrids for effectiveness in West and Northeast regions of the U.S. is anticipated to have an optimistic influence.
Some of the key players that fuel the growth of the microgrid industry comprise Exelon, GE, Lockheed Martin Corporation, Siemens AG, Lockheed Martin Corporation, Power Analytics, ABB Group, Schneider Electric, Honeywell International Inc, Toshiba Corporation, Echelon Corporation, and ZBB Energy Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Market Segment:
Microgrid Product Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)
• Remote
• Grid connected
• Hybrid
Microgrid Application Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)
• Government
• Education
• Commercial
• Utility
• Defense
• Others
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Gas Chromatography Market | Size | Applications | Growth | Overview Forecast To 2025
26 June 2019: The global Gas Chromatography (Gc) Market size is expected to value at USD 4.3 billion by 2025. The market is subject to witness a substantial growth due to the rising investments by private players and numerous governmental initiatives for development of modern in chromatography technologies. Other factors such as rising healthcare expenditure across developed economies along with increasing collaborations among various chromatography manufacturers and research laboratories are expected to drive market growth in the upcoming years.
Globally, the gas chromatography market is predicted to grow at CAGR of 6.4 % in forecast period, providing numerous opportunities for market players to invest in research and development in the market. Increasing investment by various regional government around the globe in the chromatography techniques for separating chemicals in a complex sample is expected to drive the growth of gas chromatography (GC) industry over the forecast period.
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Recent advancement in gas chromatography (GC) is attributed to the increasing investment for research & development from local governments in the North America region, thereby solidifying market position, in the recent years. For example, Government of Canada has undertaken various business development initiative to help organization such as NatrixSeparations, Inc. for development of innovative product and methodologies in the gas chromatography industry. Introduction of single use membrane-based chromatography products are driving demand of gas chromatography (GC) products from for large-scale pharmaceutical manufactures.
Application of the gas chromatography (GC) techniques in healthcare sector includes development & testing of various drugs and biotechnology applications. Some of the common application of the gas chromatography (GC) in pharmaceutical sector involves analytical research and development, quality assurance, quality control, and medicine formulations.
The gas chromatography (GC) market is broadly divided into three major types such as accessories & consumables, instruments, and reagents. The accessories and consumables is considered as one of the fastest growing segment in the market with substantial revenue generation in the last couple of years. Growing popularity of the accessories and consumables segment is attributed to constantly rising demand for gas chromatography (GC) accessories and their longer durability.
The accessories & consumables market segment is also divided into support fixtures, fittings & tubing, automatic sampler equipment, flow control accessories, and pressure regulator equipment. The column accessories or support fixture market sub-segment has witnessed substantial growth due to increasing adoption in the chromatography columns and various gas chromatography procedures including purification of proteins, biological medicine development for resin screening, development of prototype drug, desalting, and polishing.
Gas chromatography (GC), also called as vapor phase chromatography (VPC) or gas–liquid partition chromatography, is a kind of chromatography that is typically utilized for analyzing chemistry compound to separate and isolate the chemical substances by vaporizing without decomposition. Frequent application of the gas chromatography include measuring the purity of a given substance and isolating the various components from a mixture. Gas chromatography also helps to determine a particular class of compound.
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The gas chromatography (GC) industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in medicine & pharmaceutical sector, increase in the venture capital funding and existence of well-established lab testing facilities in the region. Several developed European economies with promising financial & demographic landscape and growing focus towards chromatography-based research & studies are predicted to record comparatively higher CAGR in upcoming years.
Asia-Pacific region is predicted to hold major market share in the gas chromatography (GC) market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with rising economic condition, growing scope for chromatography-based research and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the gas chromatography (GC) industry are GE Healthcare, Inc., Shimadzu Co., Thermo Fisher Scientific Incorporations, Agilent Technologies Ltd., W. R. Grace & Co., Bio-Rad Laboratories Incorporations, Restek Co., PerkinElmer Incorporations, Danaher Co., and DANI Instruments S.p.A.
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Biodiesel Market Scenario Emphasizing Recent Developments and Application Movement Analysis Forecast To 2025
26 June 2019: Global Biodiesel Market is expected to reach USD 54.8 billion by 2025. Biodiesel is a renewable fuel made from biomass similar to conventional or fossil diesel. It may be produced from waste cooking oil, vegetable oil, tallow, and animal fats/oil. The process of converting these oils into biodiesel is termed as transesterification. The Biodiesel Market is estimated to grow at a significant CAGR of 7.3% over the forecast period as the scope and its applications are rising enormously across the globe. Biodiesel Market is segmented based on feedstock type, application, and region.
Animal fats, vegetable oils, and others are the feedstock types that could be explored in Biodiesel in the forecast period. Animal fats comprise poultry, lard, and tallow. Vegetable oils include palm, soybean, and rapeseed. On the other hand, other sector comprises of trap grease/brown grease. Vegetable oils sector accounted for the substantial market share of Biodiesel and is estimated to lead the overall market in the coming years. This may be because of its high demand across several industries as it is easy to process and have a low saturated fat. In addition, it is easily available and has a low manufacturing cost are another factors leading the sector.
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The market may be categorized based on applications like solvent and cement manufacturing, fuel, power generation, and others. Fuel sector accounted for the substantial market share of Biodiesel and is estimated to continue its dominance in the coming years. This may be because; the fuel reduces the wear and tear of the engine and guarantees complete fuel combustion.
Globally, Europe accounted for the substantial market share of Biodiesel and is estimated to lead the overall market in the coming years. Germany and France are the major consumers of Biodiesel in the region. Instead, North America and the Asia Pacific are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Biodiesel in this region.
The key players of Biodiesel Market are TerraVia Holdings Inc., Archer Daniels Midland Company, BIOX Corporation, Wilmar International Limited, Cargill Inc., Bunge Limited, Renewable Energy Group Inc., and Neste Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Market Segment:
Feedstock Outlook (Volume, Million Liters; Revenue, USD Million, 2014 - 2025)
• Vegetable Oils
• Canola oil
• Soybean oil
• Palm oil
• Corn oil
• Others
• Animal Fats
• Poultry
• Tallow
• White grease
• Others
Application Outlook (Volume, Million Liters; Revenue, USD Million, 2014 - 2025)
• Fuel
• Automotive
• Marine
• Agriculture
• Others
• Power Generation
• Others
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Telepresence Equipment Market Research Report: Global Industry Analysis Till 2025
26 June 2019: Global Telepresence Equipment Market is anticipated to reach USD 2.45 Billion by 2025. Telepresence implies a set of technologies that permit a person to feel as if he/she is present, via tele robotics. The factors that propel the growth of the telepresence equipment industry include rising demand for robotic telepresence, technological superiority, minimized operational cost, reduced costs of travel for small and large enterprises. On the other hand, there are factors that may hamper the growth of the market including high price of installation. Telepresence Equipment Market is anticipated to grow at a significant CAGR of 2.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Telepresence Equipment industry may be explored by component, system type, industry type, end user, and geography. The market may be explored by component as Software, Hardware, and Service. The “Software” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to works on numerous software such as CAD and cloud computing among others. The updation of software offers easy approach to IP flexibility and networks to cooperate with devices such as tablets, smartphones, and desktops.
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The Telepresence Equipment Market could be explored based on system type as Robotic Telepresence, Personal Telepresence, Holographic Telepresence, and immersive Telepresence. The market may be analyzed by industry as Enterprise could further span Private, Government, Healthcare, Commercial may be span Designing, Advertisement, Retail, Consumer may be further span Entertainment, Sports, Manufacturing Industries may include Energy, Education, other industries that could span Engineering, Construction, Space. The Telepresence Equipment industry could be explored based on end user as Small Enterprise, Medium Enterprise, and Large Enterprise.
North America accounted for the major share of the Telepresence Equipment Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include emerging telepresence systems for several domains, and application in medical sector surge the market. North America region is followed by Europe.
Some of the key players that fuel the growth of the Telepresence Equipment industry comprise Avaya Inc, Polycom, Inc, Cisco Systems Inc., Array Telepresence, VidyoInc, Huawei Technologies Co. Ltd, Cisco Systems Inc, and ZTE Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Market Segment:
Telepresence Equipment based on End-use Outlook (Revenue, USD Million; 2014 - 2025)
• Large Enterprise
• Medium Enterprise
• Small Enterprise
Telepresence Equipment based on Type Outlook (Revenue, USD Million; 2014 - 2025)
• Multi-Codec Telepresence
• Personal Telepresence
• Immersive Telepresence
• Room based Telepresence
Telepresence Equipment Form Factor Outlook (Revenue, USD Million; 2014 - 2025)
• End-Points
• Display
• Standard Definition
• High Definition
• Camera
• Microphone
• Infrastructure
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Structural Foam Market (2019-2025): Global Industry Analysis by Scope, Demand and Future Prospect
26 June 2019: The global Structural Foam Market size is expected to value at USD 42.2 billion by 2025. The market is subject to witness a substantial growth due to the rising infrastructure activities, growing residential & commercial construction industry and substantial growth of retail sector. Additionally, the growing need for structural foam in material handling, automotive, and electrical & electronics industry from BRICS (Brazil, Russia, India, China and South Africa) countries are expected to drive the growth of the market over the forecast period.
Globally, the structural foam market is predicted to grow at CAGR of 5.8% in forecast period, providing numerous opportunities for market players to invest in research and development in the market. Structural foams offer advantages such as lightweight and superior weight to strength ratio, mainly in comparison with the solid plastics. Such factors are largely influencing demand of the structural foams. Other advantages of structural foams include stability, conductivity, heat resistance, and toughness, which are vital in applications such as wind turbines, automobile equipment, and insulation purposes.
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Increasing adoption of structural foams in material handling equipment that is commonly used for small distance travel for industrial goods within the production plant, thus expanding overall market reach of the structural foam industry over the forecast period. Other applications of the structural foam include packaging services, shipbuilding, wind power, and consumer goods, such factors are playing critical role in the growth of structural foam market in the last couple of years.
However, variation in the cost of the raw materials and shifting preference towards biodegradable plastics as a reliable substitute replacing non-biodegradable foam are expected to limit market growth over the forecast period. Yet, large corporations are increasingly setting up supply partnerships and implementing forward and backward integration in the supply chain network, thus driving market growth in the last couple of years. Although, changing fuel prices, increasing demand for premium quality products at cheap rates and growing competition in the market are further restraining market progress to a certain extent.
Polyethylene is considered as one fastest growing segment in the structural foam industry with substantial revenue generation in the last couple of years. Growing popularity of the polyethylene foam market segment is credited to the factors such as lightweight, durability, heat resistance and a closed-cell material composition. Polyethylene is widely used in the packaging of delicate products and automobile parts, thus fostering market value in the recent years.
Rigid polyurethanes has also witnessed substantial growth in the last couple of years owing to increase in adoption as a structural material. Rigid polyurethanes has also displayed important properties such as toughness, lightweight, and resilience. Rigid polyurethanes also provide protection against chemical reactions and moisture effects thus making it an ideal choice for various application such as building & product insulation.
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Growing demand for structural foams in the automobile sector are expected to fuel market growth over the forecast period. Additionally, introduction of lightweight composites and its advantages are expected to boost market demand for structural foam in upcoming years as well. Recently, integration of the structural foam into various parts of a vehicle like body-side joints, chains, ledges, under body cross-vehicle frame, longitudinal frames or frame bars, machine cradles, body-side rails, door panels and hydro-formed reinforcements.
The structural foam market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in construction & building industry and existence of well-established industrial infrastructure.
Asia-Pacific region is predicted to hold major market share in the structural foam industry with massive growth in forecast period. Countries such as India, China and Indonesia are leading the Asia-Pacific’s market with high economic growth, ever-growing population, increasing standard of living, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the structural foam industry are Armacell International S.A., Diab International AB, Evonik Industries AG, Covestro AG, and Gurit Holding AG.
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Astaxanthin Market Key Players: Algatechnologies Ltd., Parry Nutraceuticals, IGENE, Supreme Biotechnologies NZ Ltd, Cyanotech Corporation by 2025
Global Astaxanthin Market is anticipated to reach USD 2.57 billion by 2025. Astaxanthin is also known as “The king of the Carotenoids”. It is a member of xanthophyll family of carotenoids. It is mainly found in marine animals and plants. In “Pacific sockeye salmon” the highest concentration of Astaxanthin is found. Algae, krill, lobster, crab, shrimp, and red trout also contain Astaxanthin. From Haematococcus Pluviailis (HP) commercial production astaxanthin is mainly obtained.
The factors that propel the growth of the Astaxanthin industry include customers fluctuating preferences toward nutraceutical & healthcare products, increasing demand for cosmetic products, increase in aged population, and shifting trend of consumers toward wholesome &healthy diets. On the other hand, there are factors that may hamper the growth of the market including lack of develop technology resulting in high production price, and lower raw material accessibility. Astaxanthin Market is anticipated to grow at a significant CAGR of 18.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
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Astaxanthin industry may be explored by form, application, source, method of production, and geography. The market may be explored by Form as Liquid, and Dry. The key applications that could be explored in the market include Cosmetics, Feed, Food, and Supplement. The “Animal Feed” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to its widespread use as a constituent in feed, particularly aquafeed, increasing demand, and increasing government support.
The market could be explored based on source as Yeast & Microbes, Plants, Petroleum, and Marine. The “Petroleum” segment led the Astaxanthin Market in 2016 and is anticipated to maintain its dominance by 2025 owing to lesser cost of astaxanthin derived from petroleum as compared to the natural sources such as microbes and plants.
Astaxanthin industry may be analyzed by Method Of Production as Chemical synthesis, Microalgae cultivation, Extraction, and Fermentation. The “Microalgae Cultivation” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to approval on food protection for human consumption, and high concentration of astaxanthin found in microalgae.
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North America accounted for the major share of the Astaxanthin Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing base of health-conscious populace, governance is local presence of key manufacturers, and booming nutraceutical manufacturing industry.
Some of the key players that fuel the growth of the Astaxanthin industry comprise BASF SE, BGG (Beijing Ginko Group), Algatechnologies Ltd., Parry Nutraceuticals, IGENE, Supreme Biotechnologies NZ Ltd, Cyanotech Corporation, DSM NV, FenchemBiotek Ltd, Yunnan Alphy Biotech Co., LTD., and others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Artificial Intelligence Market Size Estimation, Segmentation and Growth Opportunities Forecast 2025
Global Artificial Intelligence (AI) Market is anticipated to reach USD 35,870.0 million by 2025. Artificial Intelligence (AI) is the intelligence presented by machines. It is also known as “Machine Intelligence”. The factors that propel the growth of the Artificial Intelligence (AI) industry include widespread applications in agriculture, BSFI, manufacturing, etc. Also, Artificial Intelligence finds its driving force in consumer services, big data, and growing demand for intelligent virtual supporters. On the other hand, there are factors that may hamper the growth of the market including high cost. Artificial Intelligence Market is anticipated to grow at a significant CAGR of 57.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Artificial Intelligence industry may be explored by solution, technology, end users, and geography. The market may be explored by solution as Software (SW), Hardware (HW), and Services. The industry could be explored based on end users as Manufacturing, Healthcare, Automotive, Agriculture, Security, Retail, Fintech, Human Resources, Law, and Marketing. The “Healthcare” segment led the market in 2017 and is anticipated to maintain its dominance by 2025 owing to rising adoption of Artificial Intelligence in diagnostic care, patient care, and drug discovery. Artificial Intelligence is also used in clinical trials, advisory boards, and congress planning.
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AI Market may be analyzed by technology as Machine Vision, Machine Learning, Deep Learning, and Natural Language Processing. The “Natural language processing (NPL) technology” segment led the Artificial Intelligence (AI) industry in 2017 and is anticipated to maintain its dominance by 2025 due to high growth rates include high implementation of Natural language processing (NPL) in numerous applications like AI robots, AI-enabled, smartphones, car-infotainment system. One of the major driving factors is the implementation of Natural language processing (NPL) for enhancing consumer services in the retail segment.
APAC accounted for the major share of the Artificial Intelligence (AI) Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing acceptance of NLP technologies and deep learning in agriculture, finance, law, and marketing applications in APAC. Furthermore, the occurrence of main players in the artificial intelligence system results in the growing acceptance of these systems in APAC.
Some of the key players that fuel the growth of the AI industry comprise Life graph, Atom wise, Inc., Sense.ly, Inc., Baidu, Inc., Zebra Medical Vision, Inc., H2O ai, NVIDIA, IBM Watson Health, Enlitic, Inc., Intel Corporation, Microsoft Corporation, and Google, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Market Segment:
Artificial Intelligence Solution Outlook (Revenue, USD Million, 2014 - 2025)
• Hardware (HW)
• Software (SW)
• Services
Artificial Intelligence Technology Outlook (Revenue, USD Million, 2014 - 2025)
• Deep Learning
• Machine Learning
• Natural Language Processing
• Machine Vision
Artificial Intelligence End use Outlook (Revenue, USD Million, 2014 - 2025)
• Healthcare
• Robot Assisted Surgery
• Virtual Nursing Assistants
• Hospital Workflow Management
• Dosage Error Reduction
• Clinical Trial Participant Identifier
• Preliminary Diagnosis
• Automated Image Diagnosis
• BFSI
• Risk Assessment
• Financial Analysis/Research
• Investment/Portfolio Management
• Others
• Law
• Retail
• Advertising & Media
• Automotive & Transportation
• Agriculture
• Manufacturing
• Others
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Wiper Systems Market Revenue by Region, Production Status and Emerging Countries Forecast 2025
The global Wiper Systems Market is expected to cross USD 11.07 billion by 2025. A wiper system gauges the force between blade and glass. Using a uniform wiper system leads to excellent visibility through the windshield whereas an uneven profile with a high force with one or two claws might result in single or multiple scratches. In case of low force regions, irregular wiping operations take place.
A typical windshield possess compound curves that create certain challenges in working of arm. For instance, the blade can go well with glass positions but not on the entire surface. Sequential static movements induce up-stroke and down-stroke movements that determine how well an arm assembly goes with windshield curves.
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Wiper systems market is driven by factors such as surge in automobile production and rise in GDP in developing regions. Increasing developments for road infrastructure across developed and developing regions are likely to attain a significant market share in the forecast period. In addition, the market is stimulated by after sales service offered by vehicle manufactures. Rise in competition and competitive pricing also acts as a catalyst in forming a channelized market growth.
“Type” segment for wiper systems market includes rain sensing wiper system and traditional wiper system. Rain sensing wipers account for a significant growth in the forecast period owing to the minimal cost of hardware that lessens the total cost of wiper system. “Application” segment for wiper systems industry includes commercial vehicles and passenger cars. Commercial vehicles are expected to dominate the market in the forecast period owing to rise in commercial car business for medium and large enterprises.
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Geographical segmentation for wiper system market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific’s market is likely to dominate the market in the forecast period owing to a wider presence of automobile industry and rise in OEM sector. North American and European markets are anticipated to grow significantly at an astounding CAGR in the forecast period due to increase in use of automobiles and novel techniques used in manufacture of wipers of different sizes according to the size and use of vehicle.
Prominent players in the wiper systems industry include Mitsuba, Robert Bosch GmbH, WEXCO industries, DOGA S.A., Federal-Mogul, PMP Auto Components Pty Ltd, ASMO Co Ltd, Valeo S.A., Denso and Trico Products.
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Smart Electricity Meters Market Product Type, Outlook, Shares and Scope Forecast 2025
Global Smart Electricity Meters Market is projected to reach USD 49.9 billion by 2025 owing to the increase in demand for energy security since long. Smart meters are the electronic devices that track and record the electricity use in consumers’ homes. Electricity companies are shifting to the advanced, high-tech digital smart meter versions instead of the traditional analog meters that read the monthly reading.
The upgraded electric meters automatically capture the electric consumption information and transmit it to the electric company. They provide quick & accurate measurements of electricity use and eliminate the need for manual meter reading by home visits. Smart electricity meters also make it possible to use power resources more efficiently, enable dynamic pricing that increases or reduces the electricity cost based on demand, avoid the capital expense of building new power plants, and help to optimize income with existing resources.
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The increasing demand for renewable energy followed by the need for effective transmission facilities is predicted to drive smart electricity meters industry in the forecast period. The grid integration of clean energy sources to withstand the energy mix protocol coupled with favorable government regulations to strengthen the deployment of these units will impressively influence the market.
The rising environmental concerns along with national renewable energy targets are predicted to fuel up smart electricity meters market. Also, the rise in public awareness concerning climate change along with strict government regulations related to GHG emissions will stimulate smart electric meter market growth in the coming years.
Smart electricity meters industry is witnessing considerable growth with favorable government guidelines and fiscal incentives. Additionally, benefits like controlled energy consumption, efficient energy management and greater security against electricity theft will boost the market in future. The need for smart meters in every household is yet another driving factor of smart electricity meters market. The growth of smart meters also marks the rise of components and auxiliary equipment market. However, the costly installation rates and less familiarity may restrain the growth of the market. The present expansion of micro-grid networks along with the speedy development of distributed generation technology will encourage the market.
The regulators worldwide have implemented policies comprising incentives, leveraging schemes, feed-in tariffs, and subsidies to promote the deployment of clean energy sources. The government of various economies are focusing on investment for developing residential and commercial infrastructures. They are also determined to make smart cities, which again increases the demand for smart electricity meters and contributes to the market growth.
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Smart electricity meters industry is categorized on the basis of phase, end-user and geography. On the basis of phase, the market is divided into single phase, two-phase and three-phase meters. Three-phase meters are expected to dominate the market due to the growing industrial and commercial segment. On the basis of end-user, the market is divided into residential, commercial and industrial.
The residential segment is predicted to hold largest share of smart electricity meters market in future due to the growing population. Geographically, the market is divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is predicted to hold larger share of the market due to the rapid urbanization and growing need for smart electricity meters.
The prominent players in smart electricity meters industry are ItronInc, Landis+Gyr Ltd, GE Energy Company, Elster Group , Sensus USA Inc, Silver Spring, Sensus, Jiangsu Linyang, Echelon, and Holley Metering.
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Precision Farming Market Predicted To Grow at CAGR of 14.2% Till 2025
The global Precision Farming Market size is expected to value at USD 10.23 billion by 2025. The market is subject to witness a substantial growth due to the increasing application of telematics in agriculture and growing adoption of the modern technologies in agriculture sector. Telematics services consist of tracking devices that implement global Navigation Satellite System (GNSS) to display the location of equipment for management purposes.
Precision farming systems also provides a real-time view of the location, temperature variation, ground speed, and the duration prior to maintenance is required. Globally, the precision farming market is predicted to grow at CAGR of 14.2% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.
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Growing demand for telematics services from farm equipment manufactures in order to enhance overall efficiency of the products are expected to fuel the growth of precision farming industry. Enhanced efficiency and superior performance of farm equipment allows reduction in the cost of agricultural operations, thereby maximizing profit and generate excess of revenues. Such factors are substantially affecting growth of the market, in the recent years. Furthermore, an effective administrative framework helps to reduce any negative environmental impact.
Increasing adoption of the telematics technology in developed economies in order to increase overall agriculture yield in predicted to augment market growth over the forecast period. Telematics services allows farmers to gather and manage important data with the help of field equipment. Telematics technology majorly utilizes farm equipment such as sensors that are installed on tractors, and other field monitoring equipment to gather critical data, and necessary actions.
Recent technological advancement in the agriculture sector coupled with development of innovative products to increase overall agricultural yield are expected to propel market growth in the near future. With increasing adoption of modern technology coupled with future advancements in agriculture sector, precision farming industry is subject to high-end growth in developed economies and commercialized areas. Regular monitoring by government authorities and introducing set of guidelines &validations in regards to the environmental well-being acts as a driving factor for market growth, in the recent years. Additionally, increasing import and export of agriculture goods is leading to commercialization of agriculture sector.
The hardware segment is considered as one of the fastest growing segment in the precision agriculture market with substantial revenue generation in the last couple of years. The hardware segment is further categorized into automation & control, sensing components, and antennas & access networks. The automation & control systems is majorly consists of electronic measurement devices such as drones, application monitoring equipment, route-guidance equipment, remote-location sensing devices, motionless tractors, handheld electronic devices, Variable Rate Technology (VRT), and wireless modules.
Precision farming system is also termed as a satellite farming or a site-specific crop management (SSCM),involves an agricultural management technique that consists of activities such as observation, measurement and response to inter and intra-field variations in the harvests. Precision farming offers a decision support system (DSS) for agriculture management in order to optimize returns on inputs while preserving resources.
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The precision farming industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of modern agriculture technologies, an effective administrative framework, large number of governmental initiative to boost agriculture production, and existence of prominent industry players in the region. Asia-Pacific region is predicted to hold major market share in the precision farming market with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing number of schemes and programs to create awareness among farmers, growing infrastructural activities, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the precision farming industry are Ag Leader Technology, Inc., AgJunction Incorporations, CropMetrics LLC, Trimble Incorporations, AGCO Co., and Raven Industries Incorporations.
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Oral Care Market Strategy Framework, Segmentation and Key opportunities Prioritized Forecast 2025
18 June 2019: The global Oral Care Market size is expected to value at USD 40.9 billion by 2025. The market is subject to witness a substantial growth due to the increasing awareness about oral hygiene and rising prevalence of dental caries. The rise number of initiatives undertaken by local governmental and private bodies to promote dental hygiene across the globe is expected to fuel the growth of the market over the forecast period. Globally, the oral care market is predicted to grow at CAGR of 5.0% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.
Other factors responsible for market growth, in the recent years, are increasing awareness in regards to dental hygiene, and increasing demand for oral advanced oral products to maintain proper oral hygiene. Additionally, growing popularity of cosmetic dental treatment among general population in both developed and developing economies across the globe is anticipated to drive market expansion in upcoming years. Cosmetic dental treatment allows improvements in esthetics, and provides fresh breath. Such factors are critical in influencing market growth during the forecast period. Increasing application of the cosmetic whitening products to improve dental esthetics is considered as one of the critical factors driving demand of the oral care products. Increasing prevalence of dental caries is leading to soaring demand of oral care products, in the recent years.
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Increasing geriatric population in both developed and developing economies across the globe is expected to amplify market growth, in the years to come. Geriatric population is prone towards dental diseases due to weakened immunity. Additionally, easy availability of dental products and lowered prices are some of the key factors complementing market growth in the last couple of years. Geriatric population also suffer from increased bone loss due to ageing, leading to the growing need for dental care. Changing food preference among younger population is also positively impacting the growth of oral care industry.
Recent technological advancement in the healthcare sector is introduction of innovative products in the market, thus augmenting overall market value of oral care products. Introduction of electric and battery-powered toothbrushes, dental floss, denture adhesive creams, and mouthwash are is driving demand for oral care products. Increasing demand of dental care products by the middle-income and high-income groups across the globe are influencing marker growth, in the recent years as well. The oral care market is broadly categorized into three types such as toothpaste, toothbrush, and mouthwash. Toothpaste is considered as one of the fastest growing segment in the oral care industry with substantial revenue generation in the last couple of years.
Growing popularity of the toothpaste market segment in attributed to increasing usage across various income groups and easy availability. Different types of toothpaste available in the market include gels, pastes, and powder, thus providing consumers wide variety. Toothbrush market segment also witnessed substantial growth in the last few years owing to the increasing preference electric and battery-powered toothbrushes. Mouthwash is also estimated to display lucrative growth opportunities during the forecast period due to its growing use for maintenance of dental hygiene.
The oral care industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the increase in the per capita income, recent technological advancement in oral care products, and rise in adoption of electric toothbrush. Asia-Pacific region is predicted to hold major market share in the oral care market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with ever-growing population, and increasing awareness about dental hygiene, rising prevalence of oral diseases, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the oral care industry are Procter & Gamble Company Co., Johnson & Johnson Consumer Incorporations, Colgate-Palmolive Ltd., GlaxoSmithKline plc, Church & Dwight Corporations, Dr. Fresh Ltd., Dentaid SL, Lion Co., and Sunstar Suisse S.A.
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Marine Grease Market Shares by Type, Future Prospect and Emerging Countries Forecast 2025
18 June 2019: The global Marine Grease Market size is expected to value at USD 348.4 million by 2025. The market is subject to witness a substantial growth due to the growing demand for shipping services across the globe, and rising international trade. Additionally, rise in number of new waterways and rapid growth in the ship building industry are some of the critical factors responsible for the growth of marine grease industry in upcoming years. Globally, the marine grease market is predicted to grow at CAGR of 4.4% in forecast period, providing numerous opportunities for market players to invest in research and development in the marine grease industry.
Increasing application of marine grease in the shipping industry is attributed to its advanced properties. Some of these advanced properties include high pressure additives, high load carrying capacity, broad temperature range, high mechanical strength, resistance to temperature changes, resistance to erosion, long lubrication intervals, high melting point, and water resistance. Such properties enhances overall performance of the system. Growing demand for transportation system and rising import & export among various economies across the globe are expected to fuel market growth over the forecast period.
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Furthermore, rapid industrialization, and increasing demand from various end-user market segment is further propelling market growth, in the recent years. Growing popularity of marine grease among various end-user market segment is credited to factors such as enhanced output efficiency of the engine, machinery, and several components installed in the ship. Marine grease decreases the friction in-between various rotational machine elements thus increasing overall output of the system.
Marine grease easily gels up with water, which is critical in case of water leakage. Growing demand of the lithium complex grease in the shipping industry is anticipated to boost market growth in near future. However, stringent rules and regulation in regards to the uncontaminated aquatic environment around the globe is predicted to limit market growth to certain extent in upcoming years. Different kinds of marine grease that are extensively adopted as a lubricant in shipping industry include lithium complex grease, calcium complex grease, polyuria grease, aluminum grease, oregano clay grease, and sodium grease. Lithium complex grease offers a rare additive solution that provided maximum lubrication during the most critical operations.
Application of the marine grease include various shipping operations like outboards, trailer wheel bearings, trailer chassis lubrication, and wheel bearings. The calcium thicker type is considered as one of the fastest growing segment in the marine grease market with substantial revenue generation in the last couple of years. Growing popularity of the calcium thicker type market segment is credited to the high water resistance and protection against oxidation and rust. Some of the common application of calcium thicker grease include boat trailer, wheel bearings, and trailer chassis lubrication.
Marine Grease is largely utilized in order to achieve superior lubrication in various shipping operations and protection oxidation and rust in marine applications. Marine grease is increasingly used in leisure craft and industrial marine fleets. Some of the important application of the marine grease involves gears, stern drives, prop shaft splines, steering tubes and cables. Marine grease is also used in throttle lines and linkages, dog seals and trunion steering mounts.
The marine grease industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the adoption of latest technologies and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the marine grease market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with rapid industrialization, development of new waterways, rise in the coastal economies and significant investment by leading industry players considering potential opportunities in the region.
The key players in the marine grease industry are British Petroleum plc, Chevron Lubricants, Inc., Exxon Mobil Co., Gulf Oil Marine Limited, Lucas Oil Products Incorporations, Lukoil Marine Lubricants Ltd., Old World Industries, LLC, Penrite Oil Corporations, Royal Dutch Shell Company plc, Total Lubmarine Ltd., and Warren Oil Company, LLC.
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