Thursday 26 April 2018

Password Management Market Development Trends and Gross Margine Analysis to 2020

Industry Insights
A password is a series of lettering that allows users to get admittance to an interface, system or computer. Passwords offer a line of security against not permitted right of entry. A password manager is a function of the software that helps users to arrange and control their passwords. Password Management is not only helpful for individuals but also for many it is helpful for enterprises also. Commonly companies need a reset of passwords at usual intervals which may be tiresome for some employees. The growing number of compound systems in addition to a stringent set of laws to creating as well as altering passwords has increased the requirement of a password management solution amongst many enterprises.


Forgotten as well as hacked passwords might cause a stoppage in addition to the loss of funds for the individual or the company. These problems can be overcome with password management solution. Password management solutions may be privileged or self-service. Self-service solutions facilitate employees to retune the password on their own without the requirement for any helpdesk. On the other hand, privileged password management solutions preserve passwords using methods such as various randomization session recording and automated resets. The growing need for protecting valuable data has enhanced the demand from the market for password management solutions.


The password management market is anticipated to observe strong development in the coming time. This may be credited to the rising amount of password secured accounts as well as rising number of linked cyber threats. Primary drivers for the market’s expansion are the severe regulatory compliance as well as growing number of password reset mechanisms. Nevertheless, the little success rate of such projects along with growing customization necessities could create a control for the market’s growth. Utilization of cloud technology in addition to the development of striking pricing models may offer a considerable growth prospect for the worldwide market.

Deployment Model Insights
Password management solutions can either be hosted or on-premise. On-premise systems offer additional control as well as customization. They are simple to handle however need adequate maintenance. As a result, hosted models are chosen over the on-premise models. The increasing demand for cloud technology is anticipated to enhance the market for password management solutions based on hosted model.


End-Use Industry Insights
End-use industries comprise banking, financial services & insurance (BFSI), manufacturing, education, energy, healthcare retail, wholesale distribution, telecom & IT. Such industries have an arrangement of compound systems that are extensively password protected so that access is approved only to approved individuals. Password management solutions assist to recover security, productivity. It also reduces jamming at helpdesks.

Organization Size Insights
Depending on the volume of the organization, the market of password management solution can be segmented into enterprises as well as small and medium-sized businesses (SMBs). However small businesses have the inadequate budget, the rising threat, as well as severe fulfillment authorization, have forced them to employ appropriate security measures at the workplace. Enterprises can profit considerably by using password management solutions as the difficulty of systems is tall in the case of businesses.

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Regional Insights
The password management market in the regions like North America is anticipated to witness strong development because of password management solutions rising use in end-use industries. Firm regulatory mandate as well as need to protect the sensitive information of the industries has forced them towards adopting these solutions. The occurrence of a big number of market participants along with rising cases of cyber bullying is anticipated to drive the market in the province.

Competitive Insights
Key players in the worldwide password management market are FastPass Corp, Sailpoint CA Technologies, Microsoft Corporation, Hitachi Systems., Knowledge Secure Systems, IBM Corporation, Curion Corporation Ltd, Avatier Corporation Ltd. as well as Google Inc. among others. These players offer solutions that may be offered via cloud models or on-premise. Companies such as Google, Microsoft are trying to introduce pioneering ways of password management such as automatically encrypted solutions as well as USB tokens.
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Mobile Wallet Market Growth Prospect and Insights Overview by 2024

The advancement of mobile phone technology is expected to drive Mobile Wallet Market or digital wallet industry in near future. In 2015, mobile wallet market size was valued USD 592.45 billion worldwide. The boundless Smartphone use and its increasing penetration level will favour mobile wallet market. The market has emerged as a result of technological advancement which enhances customer experience. Consumer payment credentials are saved and are made available at point of sale. NFC has made significant change in payment technologies. Mobile wallet market allows consumers to manage their account and transaction from any location at affordable price.


Banks, technology vendors and payment service providers in association with main players are developing platform and infrastructure to reinforce customer experience. To differentiate the business from competitor’s key players have provided features such as mobile vouchers and services, digital charity scheme, dynamic currency conversion. Value added service (VAS) is acting as driving force for cashless payment. Security issues and privacy concerns can act as restraint in this industry. Lack of government initiatives and supervision is another barrier for growth in this industry over a forecasted period.


"Proximity product type is expected to portray highest growth over the forecast period"
In 2014 mobile wallet segment had generated highest revenue and throughout the forecasted period it will dominate the market due to increase in cashless payment over a communication network. Due to increase in penetration of NFC enabled smart phones across the globe proximity product type is expected to have high growth rate. Flexibility feature will lead markets growth.

"Government initiatives for modernizing the transportation and adoption of advanced technology has contributed public transportation application to have highest growth over the projected period"
Mobile wallet market has applications in different segment such as retail, restaurant, public transportation and vending machine. According to revenue generated in 2015 its application in retail segment is expected to dominate the business. Better consumer experience and increasing number of smart phones will push the demand. Vending machine allows customers to make cashless transactions that will encourage consumers to purchase regularly. Devices with NFC integration provide better consumer experience along with security feature that will drive retailers to use this technology.


Countries such as India, China and Indonesia have high vending machine usage that will improve the demand for application segments. Low processing fees through NFC technology will achieve cost and operational efficiency. Retailers accepting cashless payment will attain consumer data opportunities and loyalty. Special promotions and loyalty reward will help retailer to improve relations with mobile customers.

"Increasing penetration of NFC enabled mobile phones in Asia Pacific has contributed to significant growth from 2016 to 2024"
By 2024, Asia pacific region is predicted to generate key revenue and will have highest share among other regions. Large number of service providers and consumer preferences in this region are important factors for growth of mobile wallet market. In countries like India and China due to increase in disposable income and consumer needs mobile wallet market will have significant growth over the forecasted period. Government initiatives likes make in India and Digital India in country is expected to boost the penetration of mobile phones and other consumer electronics which will result in growing demand of industry.

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Development in various applications such as NFC-based transactions, ticketing and access control in European market is anticipated over the forecasted period. Increase in number of NFC tags implementation has led to use of NFC readers. It is forecasted that Restaurant applications and public transportation will have key share in European market

“Building trust among consumers is expected to increase the adoption rate"
Bharti Airtel limited, Apple Inc (US), and American express company are Major competitors in mobile wallet market. These key players are continuously investing in R&D to develop innovative platform for users so as to gain market share.
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Mobile Robotics Market Scope Analysis and Development Trends Overview by 2020

Industry Insights
Globally, the Mobile Robotics Market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60 billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the production and to augment the quality process; mobile robotics is significantly evolving its market globally. Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations. Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics.


It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production. Optimized use of the resource in terms of labor cost, aging workforce and growing demand for productivity are presumed to impel the demand for the market growth. Furthermore, high initial investment and time consumption in particular set of functional areas such as manufacturing, marketing, and Research & Development are expected to be constraints for the market growth.


Product Insights
On the basis of products, the mobile robotic market is segmented into Unmanned Ground Vehicles (UGV), Unmanned Surface Vehicles (USV), Unmanned Aerial Vehicles (UAV) and Autonomous Underwater Vehicles(AUV). UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies.
UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications. The USVs has been impelled by cost-efficient wireless data system and global positioning system, which supposed to continue over the next few years.


Application Insights
By end-use, the mobile robotic market is bifurcated into service and industrial segment. The traditional industrial application covers warehousing &distribution, coating & dispensing and painting and de-painting. Service segments comprised of personal and professional end-use. Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment. Professional end-use covers logistics, agricultural, forest harvesting, medical, mining, and military & defense.

Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers. Combining the mobile robots with mobile technologies and smart appliances is presumed to enhance the profitability of personal service mobile robots.

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Regional Insights
With the increase in number of terror attacks in different regions of Asia Pacific region, there has been increase in demand of military agencies to keep stringent surveillance system over such activities thus contributing factor of Asia-Pacific region such as India, China, Japan, South Korea and Australia for their dominance in the market and continue to increase growth over the projected years. Domestic robots are extensively used in countries of the US, Japan, Germany, and France for the cleaning and maintenance purpose. The U.S is expected to lead the R&D investment on UAV technology over the next ten years.

Competitive Insights
The major players of mobile robotics players include Northrop Grumman Corporation (U.S.), iRobot Corporation (U.S), Google Inc(US), GeckoSystems Intl. Corp. (U.S.), Bluefin Robotics Corporation (U.S.), ECA Group (France), Honda Motor Co., Ltd. (Japan)., Adept Technology, Inc. (U.S.), KUKA AG (Germany), Amazon.com Inc (U.S).
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Middle East Distribution Transformer Market Product Estimation and Market Forecast by 2022

Industry Insights
Distribution Transformer Market volume in 2014 was valued at price USD 2.68 billion in the Middle East; furthermore, it is anticipated to attain USD 3.60 billion at the end of 2022. The development may be recognized to increasing acceptance of smart grid solutions worldwide. Supplementary, growing need for sustainable energy around the globe, it is also expected to stimulate product demand over the forecast period. Infrastructure improvement in numerous countries across the Middle East may positively impact development projection. Rising population has considerably spurred electricity demand around the globe; thereby it is helping for driving the power industry.


Smart grid installations need two-way, real-time communication along with components that integrate related capabilities to observe a variety of system parameters distantly. This may supplementary impel demand for inventive products with interactive information to convey potential. Nevertheless, substitution of highly robust conventional counterparts may cause confront to the business in upcoming seven years. The requirement to supervise power consumption may stimulate the usage of alternative energy. Incorporation of the backup conventional power source in addition to alternative sources requires the practice of smart grids moreover is expected to impel industry expansion over the forecast period. High installation, as well as transportation costs together with the lack of trained professionals for setting up, may confront product demand.


Product Insights
Small distribution transformers consist of a power rating in the range of 0- 315kVA moreover they are largely used in a vicinity with low population concentration. Growing replacement of conventional overhead products with smart grid well-matched pole mounted products; smaller devices are anticipated to pitch demand in future. A small distribution transformer is also appropriate for numerous diversified power applications along with light industrial or commercial applications. Medium distribution Transformer, normally in the range of 316 kVA to 2,499 kVA, is anticipated to observe high saturation owing to rising population in cities like Riyadh, Dubai, along with Abu Dhabi.

The soaring rate of population migration in the abovementioned cities is also anticipated to encourage local market demand. Advancements in the field of sustainable expansion have resulted in the acceptance of superior goods which use copper-silver alloy windings to avoid them from self-annealing while operation. Speedy industrialization is likely to be a key factor which will drive the superior transformer demand across the local market in the Middle East. However, lack of transportation amenities to distant areas may create a challenge, as the design of the transformer is bulky. Unit substations may also observe stable growth because of low installation as well as maintenance costs.


Technology Insights
The transformer industry is projected to observe high growth owing to the development of technologically in the area of electrical equipment. Development of a range of core materials along with fall of core flux density is anticipated to reduce noise in the transformer operations. Liquid-filled Transformer market is also anticipated to observe considerable growth over the forecast period.

This growth is credited to superior functional capabilities in addition to proficient design. Pad mounted have several utility applications across the commercial, industrial, with residential sector, these applications are expected to drive demand over the predictable future. Dry type technology is used mainly in a rough environment along with high fire safety requirements such as mining sites, oil & gas industries as well as marine industry.

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Regional Insights
The electricity sector is privatized in numerous Middle East economies, so this factor is projected to be a major industry development factor over the upcoming period. Fast growth in the industrial sector, mainly in industries like petrochemicals along with oil & gas is expected to drive demand in Saudi Arabia. UAE Distribution Transformer market has also witnessed high growth owing to early technology adoption in this region. Also, availability of a large amount of coastal region for water transportation in the many countries in Middle East region may ease raw materials procurement in this region, which is expected to propel demand over the next few years.

Competitive Market Share Insights
Leading transformer manufacturers give emphasis on practices like merger & acquisition for establishing a presence in the Middle East region. For example, General Electrical acquired Alstom to increase its product portfolio in the market. Local manufacturers concentrate on providing high-quality products across the particular country. Important companies that lead the market include ABB, Siemens, Electrical Systems, Saudi Federal, GE, Bawan, and Alfanar.
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Luxury Furniture Market Size, Share and Growth Forecast by 2022

Industry Insights
The Global Luxury Furniture Market is anticipated to reach $27.92 billion by 2022 at a CAGR of 4.0% in the forecast period. The key factors affecting the growth of this sector is disposable income. The growth of the luxury furniture sector is directly proportional to the adoption of e-retailing methods to reduce the operating expenses in sales & distribution and growth of real estate industry. The real estate sector has shown a significant slowdown in the 1st half of 2017. However, the market is expected to grow with the moderate speed.


Development of the real estate industry for commercial as well as the residential place would push the luxury furniture market forward. Also, the development is coupled with the change in lifestyle of the consumers, especially in urban areas due to increase in disposable income. However, the growth can be hampered by the increasing expenses for a raw material required, the design of furniture and the lack of skilled workforce.


Raw Material Insights
By raw material, the luxury furniture market is categorized into plastic, metal, wood, glass, leather, and others. Mahogany, Teak, Jackfruit, Cedar and Redwood trees are the primary sources of raw material. The increase in the cost of materials, such as wood, leather, and stones, may restrain the market growth. Consumers are inclined toward eco-friendly furniture due to the increased environmental awareness. Also, the companies are concerned about their carbon footprints and now started to offer eco-friendly alternatives which are possible due to technology and innovative ideas of designers such as marble, stone, plastic, and metal. Moreover, these materials have high durability and low maintenance cost.

End-use Insights
Luxury furniture is used for commercial as well as domestic purpose. The domestic sector contributes nearly two-third of the global luxury market revenue. In the domestic sector, living and bedroom dominated the rest of the segments by the returns in 2014 due to the consumers that are specific in the purchase of exact and precise kind of furniture to give an attractive and aesthetic look to their bedroom and living room. Lighting products add to the mood and ambiance in the living & bedrooms, kitchen, bathrooms and outdoors.


This has shaped an optimistic situation for lighting furniture, as an outcome, it is gaining admiration among consumers and is estimated to witness substantial growth. Service segment contributes the largest share of the revenue in the commercial sector. Consumption of luxury furniture in the service sector is expected to grow at a higher pace to provide a better service experience to the customers. Gyms, hotels, restaurants install luxury furniture following the rise in market demand significantly. Modern, as well as Traditional designs, are receiving admiration thus driving towards the growth in this segment.

Regional Insights
Europe dominates the global furniture market, followed by North America. Asia Pacific is expected to witness the fastest growth with a lucrative CAGR of 5.5% due to a rapid increase in per capita income and rapid growths in the real-estate industry in Asia Pacific countries such as China and India, which in turn opens up prominent opportunities for the sector during 2014-2022.

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Companies of manufacturing semi-finished wood furniture in Europe represents mainly the upstream group of the value chain. Revenue generated by Europe is estimated at $7329. 8 million in 2014. China has emerged as the largest and fastest emerging furniture market in Asia Pacific, vastly driven by the increase in the living standards and disposable income.

Competitive Insights
The luxury furniture companies, mainly compete on the aspect of aesthetic values. New products and innovative design/material are the key strategy adopted by the companies. Major companies are using an e-commerce platform to reach the customers more effectively and efficiently and also increase their customer base. Besides this, many luxury furniture companies are associating up with designers to develop and launch a luxury range. Key players: Valderamobili s.r.l, Laura Ashley Holding Plc, Giovanni Visentin s.r.l., Duresta Upholstery Ltd, Nella Vetrina, Turri S.r.l. Muebles Pico, Scavolini S.p.a., Henredon Furniture Industries Inc., Turri S.r.l.
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Thursday 19 April 2018

ERP Software Market Size, Share, Outlook and Growth Forecast by 2022

Industry Insights
In 2014, the ERP Software Market size was valued USD 27,648 million globally. ERP system is a shared database that supports different business units. Integration of various functions in different business unit, transparency, and efficiency is predicted to drive the market over a forecast period. The need of streamlined processing in aerospace, defense, government utilities and industries will play a major role in market growth over a given period. ERP is business management software that collect, stores, manage and interprets data from many business activities, thus allowing smooth flow of processes and better decision making and productivity.


In Emerging economies such as Brazil, India and China the product will have great demand due to increasing number of SMEs. Development in IT sector, penetration of IT firms, and changing consumer behaviour in these regions will lead to adoption of ERP software over manual operations. The inventory cost can be reduced 25% to 30% and raw material cost by 15% due to implementation of ERP in an organization. Low inventory cost and raw material cost will result in increased profits of firms, thus boosting demand for product in next seven years.


Function Insights
In 2014, the use of ERP software in financial sector accounted about 22% of market share. It maintains proper order and record of all activities in a reliable and precise way. Management of different financial activities such as asset management, investments, accounting and cash flow management with ease and simplicity is expected to increase demand.

Human resource segment on the other hand also had a significant share in market due to expansion of different organizations in recent time. Expansion leads to increase in processes and complexity thus resulting in use of ERP software. Benefits such as automated process, enhanced information sharing and collaboration have helped in adoption of ERP software.


Deployment Insights
In 2014, Over 60% of market share was of ERP software based on on-premise deployment. Continuous control and high data security in an organization are benefits provided by on-premise deployment model which is expected to drive the market. The second largest market share in 2014 was of Cloud deployment and it is expected to maintain its dominance in next seven years. Major factors for its demand are low infrastructure requirement with its capability to tune with other devices such as tablets and mobile phones.

Vertical Insights
In 2014, Manufacturing and services accounted 15% of market share. Operations such as tracking day-by-day performance, customer service and monitoring daily operations are guided by ERP software. The demand for product is expected to increase due its capabilities like ease of production scheduling, real time data tracking and inventory management. It will propel the growth in forecasted period. In addition, due to adoption of IT infrastructure Government utilities also accounted significant market share. High adoption of ERP in Europe and North America is expected to drive market in coming period.

End-user Insights
SMEs accounted for over 40.0% of the market share in 2014. Proper management of database is required if the firm is in expansion phase. The key factors such as reduced production cost, increased operational efficiency and on-time product delivery is expected to augment product demand. In industrial sector, better supply chain, reduced complexity, better CRM and improved data access has facilitated the utilization of ERP software.

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Regional Insights
Continuous technological advancement in ERP software in association with presence of different players has helped its growth in North America and the region account for a share over 40% in ERP software market. Application of ERP along with mobiles phones is anticipated to drive market in next seven years. In 2013, European Union claimed 26% of its enterprise use ERP which was 5% more as compared to 2010. Leading players such as Oracle, Unit4, SAP and Syspro will boom market. Manufacturing sector is expanding and developing at an extreme rate in Asia pacific, this will result in increased demand for ERP. Government support and cooperation for implementation for ERP will help to propel market.

Competitive Insights
The market is divided as there are different companies in market worldwide. Acquisition, innovation and new product development are key strategies opted by companies. IBM corporation, NetSuite Inc., Syspro, Unit4, Microsoft Corporation, Infor, SAP SE and Totvs S.A are key players in market.
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Yeast Ingredients Market Development Trends and Industry Snapshot by 2020

Industry Insights
The global market size for Yeast Ingredients was estimated over USD 1.7 billion in 2014. The market demand is driven by growing application in the manufacturing of processed foods and nutritional foods. The low toxicity and eco-friendly nature of these products are boosting the consumption of these ingredients in the application segments. Hectic lifestyle coupled with rising disposable incomes has resulted in more population consuming processed foods. The growing trend of consuming vegetarian foods is anticipated to propel market growth over the forecast period.


The market demand for these products has been driven by growing interest in natural food ingredients. Consumer awareness regarding organic food products manufactured using natural food additives is expected to have a positive impact on demand for these ingredients. The low cost of these products helps manufacturers in offering a clean label product and satisfying the consumer’s need for natural ingredients.


Product Insights
The product segments in the yeast ingredients market comprise extracts, autolysates, yeast beta-glucan, yeast derivatives. Yeast extracts product segment was valued over USD 450 million in 2015 and the demand is expected to grow rapidly on account of growing usage in vegetarian foods. The yeast extracts demand is driven by growing preference for this product over monosodium glutamate (MSG) in food applications. Autolysates are used in animal feed to increase palatability and in processed foods for flavor enhancement. The growing usage of beta glucans in the treatment of cancer, HIV, and high cholesterol medicines is expected to drive market growth over the forecast period.

Application Insights
Yeast ingredients are used in feed, pharmaceutical, dairy applications and food. Food application segment is the major application segment in the market. Yeast ingrediensts contain many useful minerals and vitamins like vitamin D, amino acids and vitamin B which will enhance the usage of these products over the forecast period. The demand for foods and beverages will witness the growth over the forecast period owing to growing population and rising health awareness. The growing demand for products derived from domesticated animals is expected to boost the demand in animal feed. The growing usage of specialty yeast ingredients in food and animal feed applications is expected to boost market growth over the forecast period.


Regional Insights
Europe is the largest regional market and accounted for over 35% of revenue share globally in 2014. The growing demand for functional foods and dairy products is expected to drive industry growth over the forecast period. The growing awareness among middle-class population regarding various diseases caused due to high cholesterol is driving the demand for yeast ingredients in Asia Pacific. North America is likely to witness substantial growth owing to growing demand for pharmaceuticals, food, animal feed and dairy products.

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Competitive Insights:
Key players in the yeast ingredients market are Angel Yeast, DSM, Chr. Hansen, Kerry Group, Lallemand, Lesaffre Group and ABF Ingredients. The industry is characterized by high level of competition owing to less number of industry participants with a global presence. The industry participants are engaged in new product development with rising investments in R&D for increasing the product line. The high-profit margin has attracted the attention of a large number of small and local manufacturers.
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Anti-Fog Additives Market Key Manufactures and Drivers Analysis by 2024

Industry Insights
In 2015, the global market size of Anti-Fog Additives was estimated to be USD 1.22 billion globally. The market is projected to grow considerably over the upcoming period due to its increasing demand from films of agricultural. Anti-fog products find it’s applications as polymer concentrates or coatings. Anti-fog additives by its physiological characteristics reduce the water droplets induced surface energy that forms on the surface of the polymer, owing to which the precipitations combine and forms a coat on transparent films, enhancing appearance and visibility.


Anti-fog additives are being widely used by industries such as agriculture, optical glasses, automobiles and packaging as it improves visibility by reducing fog. Its low production cost combined with the robust growth in food packaging and processing industries in developing and emerging economies such as India, China, Thailand, and Vietnam are estimated to trigger industry growth during the period forecasted. Shifting consumer preference for packaged food due to busy lifestyles and speedy urbanization is also expected to foster the growth of the anti-fog additives till 2024.


Evolving controlled farming activities due to improvements in the agriculture industry and increase in demand for superior quality crops, is expected to shoot the necessities of films resulting into developments in anti-fog markets. Rise in crop demand to cater the rising global population will likely further augment the growth of this market. The product finds applications in vehicle windscreens and windows in the automobile industry. Increasing consumption of automobiles coupled with higher spending capacity of consumers is expected to have a positive impact on the growth of this market.

Supervising environmental waste which is hazardous in nature produced during the production of agricultural films is expected to pose as a significant contest for market development over the forecasted period. Strict government legislations regarding the addition of these products in food packaging are also expected to delay industry expansion in the foreseeable future.


Application Insights
Estimated at around USD 801.1 million, food packaging was the leading application in 2015. Owing to its characteristics to improve film transparency as well as durability of packaged diet will probably observe market gain over the next nine years. The product finds its applications in the food industry also by maintaining aesthetic needs and visibility of the product, which will likely propel product demand over the forecast period.

Increasing packaged food demand in the developing countries as well as some of the developed country such as India, China, Malaysia, Indonesia, Mexico, South Africa, U.S., and U.K is supposed to boost the industry expansion. Development of new technologies for processing and packaging in the U.S. food industry and other European countries is another factor expected to contribute to the growth in the packaged food market, which is projected to drive the global market.

Product Insights
The world market is expected to be dominated by glycerol esters accounting for around 30% of the total revenue in 2015. It is estimated that the product will observe a substantial growth owing to its high application in food packaging due to low production cost and its non-toxic nature. Polyglycerol esters is a biodegradable product which finds its applications in greenhouse films as well as it is environment-friendly, owing to which it will witness a growth in regard to revenue, at a CAGR of over 7.0% from 2016 to 2024.

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Regional Insights
35.5% of the global share of anti-fog additives market was attributed to Asia Pacific and will likely witness growth on account of the flourishing automobile and food packaging industries in emerging economies including India, Vietnam, and China. Rising demand for packaged food owing to increasing disposable income, population, and changing lifestyle will likely stimulate demand over the forecast period. Over the forecast period, North America is projected to be the second-largest market by likely witnessing a growth of CAGR 5.7% from 2016 to 2024 in terms of demand due to increasing consumer awareness and high-tech agricultural practices in the region.

Competitive Insights
The industry is characterized by continual drive of innovations by major companies to enhance of product performance. Durable additives development that help performance improvement over a wide temperature ranges can aid the competitors gain popularity and thus the market share. Key players operating in the industry include AkzoNobel N.V., A. Schulman Inc, Ashland Inc., Addcomp Holland Ampacet Corporation, Emery Oleochemicals, PCC Chemax Inc., PolyOne Corporation, Croda International PLC, Evonik Industries AG, Fine Organics, Lifeline Technologies, Clariant AG, Palsgaard, DuPont, and Polyvel Inc.
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Integrated Systems Market Segmentation and Industry Outlook by 2020

Industry Insights
Due to increase in the demand by customers for lesser standalone solutions and abridged deployments the factors such as major storage, management, networking & systems are forecasted to have a larger stake in Integrated Systems Market. Huge investments in channel partnerships, integration, service delivery and technology are demanded by integrated systems market. Due to the tendency of the consumers to trade single module performance for integrated delivery which denotes a phase change in data centre infrastructure is estimated to provide a boost to the growth of integrated systems market over the next few years.


Rapid evolution in the IT sector has led to a shift from the silos which were traditionally being used. Emergence of integrated systems has led to development of systems wherein the technologies concerned with data centre are fused into pre-engineered and tested systems to operate as a whole. Business agility is being tried to improve using the integrated systems by the IT executives. Integrated systems provide IT organizations with support to on demand IT infrastructure and thereby increase operational efficiency, and staff productivity which is expected to fuel the growth of integrated systems over the forecast period. Moreover, the above mentioned advantages help the organizations to respond more efficiently to the customer’s demands and focus on the markets that are unattended.


Service Insights
Service for integrated systems involves provisions for consulting & maintenance, installation & integration and support. Implementation is included in the installation and integration services which starts with breaking down the traditional organizational silos, including storage, networking and server facilities that can be easily fused into existing arrangements to make optimum performance possible. High demands across various small, medium and large scale enterprises is expected to drive the demand of integrated systems over the forecast period.

Understanding customer’s requirements and devising a plan to implement and operate the integrated systems is included in the consultancy services. Any after sales services are included in maintenance and support services along with annual maintenance contracts. Function of maintenance and support services is to provide guidance to the staff about the core organisational competencies and innovate which is expected to drive the market in next few years.


Product Insights
Integrated systems are also called as converged infrastructure which are tested and validated, pre-integrated and mainly consist of integrated infrastructure and integrated platform/workload. Integrated platform comes equipped with functions such as application development, storage, testing and integration tools whereas integrated infrastructure consists of network & server and storage facilities to provide shared infrastructure. The integrated infrastructure market is expected to overtake the integrated platform market over the forecast period in the integrate systems market.

End-Use Insights
Integrated systems are being put to use in various domains like educational institutes, BFSI and telecom, retail, healthcare, manufacturing and IT. IT and BFSI are expected to consume largest share of the revenue over the forecast period due to reasons such as the increased adoption rate of systems across various industries. Retail and manufacturing sector too will provide ample amount of growth opportunities and may witness rapid growth in next few years.

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Regional Insights
Due to extensive technological advancements and higher market penetration, North America is expected to rise as the dominant region. Presence of larger firms like the Facebook and Amazon that have implemented integrated systems may also drive the regional market of integrated systems over the forecast period. Asia Pacific is another reason which is expected to have considerable growth rate over the next few years. The reason can for this can be cited as rapid IT infrastructure coupled with data centre transformations in the region. In the event of the steady development that the economies are undergoing, buyer confidence is driving the demand for the integrated systems, but with less enthusiasm.

Competitive Insights
Integrated systems market is consolidated with few key players such as Oracle, VCE, IBM, HP and Cisco who account for most of the market share in the year 2013. Maintenance systems are generally provided by the vendors for deployment of the equipment at customer’s place. Virtualization and Cloud- storage vendors are collaborating with integrated system providers to increase the installation of systems in enterprises.
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IR (Infrared) Camera Market Size, Share and Growth Forecast by 2020

The Global Infrared Camera Market was $4.18 billion in 2015. It is expected to grow at CAGR of 9.5%. Declining prices due to technological development and increased demand through verticals including defense and security industries are projected to fuel the growth of infrared camera market in the forthcoming years. Moreover, increasing integration of cutting-edge thermal cameras in commercial applications and smartphones coupled with high demand for surveillance and security cameras with greater pixels per inch across the defense industry provides numerous opportunities to the Infrared camera market.


Due to rising adoption of IR cameras in industrial and commercial applications, these are used across numerous surveillance & security applications. Further, increased commercialization due to developments in the micro bolometer technology is also anticipated to drive market growth in the upcoming years. High-resolution smartphones and cameras are anticipated to provide an ample opportunity for the growth of the market. Moreover, infrared cameras play a significant role in providing a night-vision option for vehicles. For example, FLIR Systems offers camera cores for BMW, Rolls Royce, Mercedes-Benz, and Audi.


Material Insights
Germanium lenses dominate the IR camera market share, followed by silicon and is anticipated to retain its dominance from 2016 to 2024 because they are non-hygroscopic and have advanced mechanical properties. Further, Germanium is a good emitter of the infrared, which will impact positively on the market growth of the IR camera over the forecast period.

The ZnSe (Zinc Selenide) lenses are estimated to grow at a higher rate than the global average. ZnSe lenses have greater resistance to thermal waves and low absorption coefficient. Sapphire segment is very durable, extremely hard and show a good transmission range. This section of lenses can be used in extreme weather conditions. Silicon’s low density (2.329 g/cm3) is perfect for use in the weight-sensitive applications. Silicon lens is a less brittle alternative for Germanium lens.


Application Insights
The global infrared camera market has witnessed substantial demand due to increasing adoption of it in several applications. The defense sector is anticipated to dominate the market over the upcoming years, owing to higher investments in the Asia Pacific and the Middle East regions. Infrared camera applications for infrastructure cabling and video surveillance are also anticipated to fuel market growth. Rising adoption in the commercial application sector is expected to extend fuel market growth. The medical imaging segment is estimated to witness substantial growth over the upcoming years.

The medical imaging industry is supposed to see significant growth over the next years. Increasing demand in hospitals to detect life-threatening diseases like tumours or cancer urge Infrared camera market adoption. This can be accredited to the increase in the use of infrared camera across several applications including security & surveillance, thermography, and transportation systems. Rising demand in hospitals to detect life-threatening diseases like tumours or cancer urge Infrared camera market adoption. Also, IR camera can be used in several applications like security & surveillance, thermography, and transportation systems.

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Regional Insights
North America dominated the overall market share of the IR cameras in 2013. Technological developments coupled with the existence of the primary industries are anticipated to contribute to the regional market growth. Asia-Pacific countries are expected to grow at a higher pace over the next six years. Rising in defense spending, particularly in China, Japan, South Korea and India, it is expected to impact the regional market positively.

Competitive Insights
Surveillance and Security dominate the market share of the revenue of commercial applications, and a few main IR camera manufacturers such as FLIR Systems (U.S.), Samsung Techwin (South Korea), Axis Communications AB (Sweden) are progressively focusing on this market. Technological developments paired with a reduction in cost and price are anticipated to be the primary factors driving infrared camera demand. Other market players include Seek Thermal Inc., Raytheon Company and Testo AG, Fluke Corp.
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Friday 13 April 2018

Advanced Ceramics Market Trend Analysis, Size, Methodology And Overview Research by 2024

Industry Insights
The Global Advanced Ceramics Market was valued at USD 56 billion in 2015. The rising demand for electronic devices, notably in the emerging regions such as Asia Pacific, is expected to drive the growth of this industry over the forecast period. Advanced ceramics, such as alumina nitride, silicon carbide, and titania, are more economical and high-performing in comparison with plastics, metals, and glass, thereby rendering them a good alternative to traditional materials.


The products, particularly the oxide and alumina ceramics, have properties such as, high modulus, wear resistance and inertness, which make them vital in the electronics segment. The rising demand for consumer durables in India, China, and Thailand is expected to be a key driver for the growth of the product during the forecast period. The growth of this industry can also be attributed to the new manufacturing innovations taking place in the electronic devices segment, most notably in major markets such as Japan and China. In addition, the presence of numerous manufacturers in the region is expected to augment the product demand during the forecast period.


Application Insights
Advanced ceramics materials are widely used in devices, which undergo high wear & corrosion and operate at high temperatures. These products find wide applications in electrical equipment, catalyst supports, electronic devices, engine parts, and bio-ceramics, among which, the electronic devices segment accounted for the largest share in 2015. The bio-ceramics segment was valued at nearly USD 2 billion in 2015. The bio-ceramics segment is expected to observe significant growth during the forecast period, primarily driven by the growing application scope in the medical sector. The recent developments in this field have facilitated the use of bio-ceramics for tissue & bone development and joints & hip replacement.

Material Insights
Among the key materials considered, alumina ceramics recorded a market share of 35% in 2015. This dominance can be attributed to specific properties such as high resistance to corrosion and weather conditions, which has increased the application scope in the electrical & electronics, automotive, and machinery industries. In addition, alumina is also used as a raw material in the manufacturing of bio-ceramics, which is expected to boost the segment growth during the forecast period. The titanate ceramics is expected to observe the fastest growth during the forecast period, at a CAGR of over 11%. This rapid growth can be attributed to the high usage of the material in electronic components such as capacitors.


Product Insights
The ceramic matrix composites segment is slated to witness the highest growth of nearly 13% during the forecast period, as a result of increasing scope in key end-use verticals such as aerospace and automotive. In addition, the ceramic matrix composites find applications in transport equipment, space shuttles, and sports equipment, owing to its durability and hardness.

End Use Insights
The advanced ceramics industry has been segmented into electrical & electronics, machinery & automotive, environmental, and medical. Among the aforementioned segments, the environmental sector is expected to witness the highest growth during the forecast period, on account of increased usage in wind turbines and solar panels. The manufacturers are investing heavily in R&D for the introduction of new and advanced products such as ceramic tiles, mosaic tiles, and ceramic surface grinding machinery. This is expected to positively impact the growth of the machinery segment.

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Regional Insights
The Asia Pacific region recorded a market share of 35% of the global industry and is slated to continue its dominance through the forecast years. The increased demand from the automotive sector in emerging markets such as India and China and the availability of cheap labor, raw materials, and rapid industrialization in the region are expected to drive this trend. The North American market, particularly the U.S., has been witnessing considerable growth in terms of application in the medical and environmental segments. However, owing to mature nature of this regional market, the overall product demand in the region is expected to be slow during the forecast period.

Competitive Insights
The advanced ceramics industry is highly competitive, with the presence of a large number of manufacturers across the globe. The advanced ceramics market is dominated by two key participants, Morgan Advanced Ceramics and CeramTec, followed by Elan Technology, Oerlikon Surface Solutions AG, Optech Incorporated, CoorsTek, Kyocera Industrial Ceramics Corporation, 3M Company, DuPont, and Murata Manufacturing Co. Ltd. Most players in this industry have adopted strategies such as new product developments and capacity expansion in order to acquire a competitive edge over their competitors. On February 2016, CeramTec increased its production capacity by opening the new kiln hall in Marktredwitz.
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Ammunition Market Size, Share and Technology Overview by 2024

Industry Insights
The Global Ammunition Market size was estimated at USD 11.74 billion in 2015 and is anticipated to experience a noteworthy growth in the near future owing to the rising security concerns caused by the upswing in terrorist groups and activities. Arms race has been observed in the developing economies of Pakistan, China and India which is presumed to thrust the demand over the forecast period. The market has been segmented into different products that primarily consist of rockets, bullets, mortars and others. Civil & defense are the two end-use segments included in the study. Political differences along with the rising tension across borders is resulting in the rise in stacking of armories.


According to the latest statistics published by Stockholm International Peace Research Institute (SIPRI), China, Saudi Arabia, Russia, and the U.S were the foremost nations having highest expenditure on armories. The majority of the share was captured by the U.S with 36%, followed by China with a share of 13% in 2015. Rising inclination towards hunting and sports activities has enhanced ammunition market. In terms of exports, the U.S is amongst the major exporter of weapons and armories across the globe. The U.S armory industry is a commercialized segment and a significant contributor in the countries’ economy. In the context of R&D, innovation and production, the U.S ranks on top.


Product Insights
The major product segment in 2015 was bullets which accounted for 53.9% of the total market share. Bullets are mostly utilized by the civilians and criminal organizations. Small caliber bullets utilized in domestic end-use is a key contributor in the segment. Domestic end-use utilizes numerous armories which comprises of rifles, handguns, pistols and shotguns. The demand is also fueled by the growth in personal end-use for security from developing economies. Other segments are mostly consumed by the defense and military departments. Upsurge in procurement of armories can be attributed to the upswing in terrorist activities or terrorism.

End-Use Insights
Civil or domestic was the most noticeable segment which accounted for 74.5% of the total revenue share. The domestic segment is expected to observe a substantial rise as a result of high growth from hunting & sports activities in the near future. The domestic segment comprises of sports & hunting, self-defense and law enforcement. Outdoor and adventure activity is massive occupation in North America, specifically in the U.S. According to the latest study conducted by U.S. Fish and Wildlife Services, Americans spend around USD 50 billion on hunting and sports activities in 2015. All these aspects enhance the complete growth of the ammunition industry.


Regional Insights
Asia Pacific, which is projected to grow at a CAGR of 4.5%, also accounted for the highest share in 2015 and is projected to continue the trend over the forecast period. The upsurge of terrorism activities in developing economies such as India is resulting in the strengthening of the overall defense system of the country. India signed several contracts valued at USD 15 billion to buy armories in March, 2016. Production of small armories and weapons is a leading industry in Europe as a result of which it has retained its position as one of the key arms exporter across the globe. Key countries in Europe consists of the U.K, France, Germany and Russia.

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Competitive Insights
Major businesses in the market include General Dynamics Corporation, Remington Arms Company, Inc., BAE Systems, Ruag Ammotec, Federal Premium Ammunition and Maxam and Poongsan Corporation. With a view of safeguarding a solid position in the market and minimize competitiveness, the international weapons and armories industry has constantly experienced mergers and acquisitions by the key participants. BAE systems merged with General dynamics ordnance and tactical systems in the year 2012 to produce RCGM i.e. an 81mm Roll Controlled Guided Mortar.
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Meat Substitutes Market Raw Materials and Key Players Analysis to 2022

Industry Insights
The Global Meat Substitutes Market was valued at USD 3.20 billion in 2013, and it is estimated reach USD 5.81 billion by 2022, with a CAGR of about 7.4%. Meat is an excellent source of protein, but it also contains large quantities of saturated fats and cholesterol. People consuming meat on a daily basis are more prone to health related problems such as atherosclerosis and obesity. Increasing consciousness about personal health and shift in dietary preference towards vegan diet are expected to propel the meat substitutes market over the upcoming period. The rise in demand for a healthy source of proteins and plant-based nutrients is the primary driving force of the market.


Growing health problems such as high blood pressure, heart disease, asthma, diabetes and increasing number of people suffering from obesity all around the globe have led to more and more number of individuals becoming health conscious. The increasing health concerns about consumption of meat coupled with several animal disease outbreaks in the recent past are the significant factors stimulating the growth of the global market. In the developing regions such as Latin America and Asia Pacific increasing standard of living due to the rising disposable income have propelled the meat substitute consumption. However, per-capita consumption of meat has experienced a decline, especially in developed regions of the world in the recent past.


Food products which have similar nutrients, taste, and texture of meat, are gaining popularity among consumers. Moreover, growing consciousness towards the advantages of a vegan diet such as improved cardiovascular health, lower heart problems, reduced diabetes & obesity, lower cholesterol risk are projected to impact the global meat substitute market positively. Despite number of benefits of the product over the traditional meat, the absence of consumer awareness and usage of GMO seeds for making the product are the major obstacles for the global meat substitutes market. Furthermore, availability of various low fat – low cholesterol alternatives, higher cost and various health concerns such as soy allergy and intolerance from gluten are expected to pose a threat to the global market.

Raw Material Insights
Meat substitutes are mainly composed of ingredients such as wheat, soy, and others. Soy-based products are amongst the most popular ones and dominates the raw material segment; Soy products accounts for nearly four-fifth of the global market. The regional market such as North America and Latin America is expected to impact positively on growing soy production in these regions. The global soy production is dominated by countries such as Brazil, Argentina, and U.S. which serve half of the global soy demand. Asia Pacific, Middle East, and Europe are inclined towards wheat production. Increasing disposable income and standard of living in the emerging economies such as India and China, Asia Pacific region is projected to experience the fastest growth during the forecast period.


Product Insights
Tofu, seitan, tempeh, TVP, Quorn, and other soy based and tofu-based products are the superior meat substitutes. Soy, mycoprotein, and wheat based are the main ingredients for this product. Textured vegetable protein (TVP) leads the global consumption market followed by tofu based products among all the other products. Other products occupy smaller sections of the markets. Research and development activities are being carried out to develop cheaper but excellent substitutes giving plenty of growth opportunities for the industry players. So as to commercialize the products, high costs are spent on R&D activities which are expected to hamper the market development.

Regional Insights
In the past few years, Europe dominated the global meat substitute market followed by North America and Asia Pacific. Increasing soy production in the United States is projected to drive the regional market. Moreover, growing population in the developing regions of the world coupled with rising convenience food demand is expected to further expand the meat substitute market in the upcoming seven years. The emerging areas provide ample opportunities for the current as well as new market players of the industry. Diverse regions account for availability of different raw materials such as North America is considered for soy-based production and regions like Europe and Asia Pacific are considered for wheat-based production. Such type of scenario is likely to provide significant growth to the particular regional markets.

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Competitive Insights
Key industry players are investing in research and development activities to manufacture superior quality products as well as increase their product portfolio. Archer Daniels Midland produces TVP and dominates the global market accounting for more than half the market share. Partnerships and collaborations are the major strategies adopted by leading companies to stronghold their product offerings in the industry. Major market participants include Vbites foo Ltd., Morning Star Farms, MGP Ingredients Inc., Quorn Foods, Meatless B.V, Garden Protein Internationsl Inc., Amy’s Kitchen Inc., Cauldron Foods UK and Beyond Meat.
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Liquid Silicone Rubber Market Growth Factors, Product types & Segments Analysis by 2025

Industry Insights
The Liquid Silicone Rubber (LSR) Market size was valued at USD 1.55 billion in the year 2015 and is anticipated to observe substantial growth over the next eight years. The growing demand from automotive and medical sectors have emerged as the crucial drivers of the global market in the near future. The liquid silicone rubber possesses superior properties for example ability to withstand very high temperatures, chemical inertness and electrical resistance. These features have enhanced its broad acceptance across automotive, electrical & electronics, medical and various other sectors. Increasing elderly population is driving the demand medical devices and implants in the medical sector.


The applications of LSR are growing in conventional rubber along with areas where conventional rubber had not been used. The LSR technology is experiencing a fast change. Some current applications comprise of LED headlights, medical implants & devices, kitchenware, fitness tracker, bake ware and wiper blades as well as manufacturing drug eluding devices. Additional benefits of the material consist of producing lesser waste, high stability in product dimensions, more volume production on account of its low manufacturing costs and short cycle time. As a result, it has substituted materials such as latex, glass and plastic in numerous industrial and medical applications.


Strict regulatory norms regarding materials to be applied in medical devices and kitchenware is further driving the demand for the global market. In addition, demographics, improving lifestyle and urbanization are boosting the demand of consumer and electronics goods, which in turn is supplementing the market demand. With an aim to accomplish competitive advantage, the major participants are collaborating with suppliers to achieve modern material technology. The few material innovations consist of silicone materials with optical grade, self-lubricated, antimicrobial and self-adhesive properties.

Grade Insights
Medical grade is rapidly growing as compared to other grades of liquid silicone rubber. Its widespread application in manufacturing of oxygen mask instruments, dialysis filters, syringe stoppers, saccules, tracheal tube and other medical parts on account of its bacterial resistance, transparency, high dielectric strength, high elongation gas permeability and numerous other unique properties. Medical grade is the most expensive grade as it requires completion of numerous regulations in order to be applied in manufacturing medical devices.


It is also substituting latex at a significant rate which was used in implantable devices since long back as it caused opposing reactions in the patient’s body. In terms of revenue generation, industrial grade is the largest segment and is applied in industries such as construction, aerospace, electronics, cosmetics and various other components. It is a suitable material for parts such as keypads, electronic displays, grommets, antennas and others.

Application Insights
The demand for the material is undergoing rapid growth in medical industry led by increasing demand for disposable devices and medical implants. Compatibility regarding long term implantable devices, technological advancements, bacteria and advent as a drug eluting product is expected to enhance the material demand in medical sectors. The key application areas consist of cardiology, ophthalmology, bariatric surgery, orthopedics, general surgery and others. The market participants operating in plastic injection molding have also grabbed prospects of the material with a view to cater the increasing requirements from medical sector. The broader applications of LSR in membranes, LED headlights, valves, gaskets, windshield and other parts are expected to enhance the market demand for the product in automotive applications.

The capability of the material to withstand extreme temperatures, cost effectiveness and durability is grabbing the attention of automotive firms, specifically in the manufacturing of gaskets. The additional benefits of the product consist of energy saving, automated process, minimum waste generation, short cycle time and economies of scale, which is expected to further enhance the usage in automotive industry over the forecast period. In addition, new trends in the automobile sector are shifting in the way of completely automated vehicles that are equipped with modern technological features, resulting in creating future paths for the LSR market in the upcoming years.

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Regional Insights
In terms of revenue generation, North America was the largest market accounting for a share of 37.38% of the global market. The region is the largest consumer of healthcare devices on account of presence of speedily ageing population. According to the U.S. Department of Health and Human Science, in the year 2014 approximately 14.50% of the total U.S. population was aged beyond 65 years and by the year 2060 it would upsurge by more than twice the current population. Asia Pacific is expected to witness rapid growth with a CAGR of 8.6% over the forecast period. APAC is experiencing increased demand for LSR for applications in medical such as medical tapes, APIs, prefilled syringes, prosthetics and others.

Numerous favorable factors such as rapid economic growth and government policies coupled with rising demand in the end-use applications are attracting investments from foreign companies in the region over the forecast period. India and China are proving to be vital growth factors for LSR in the APAC region. Setting up of new facilities, technological innovations and increasing applications in the construction sector are further posing rewarding prospects over the forecast period. The companies operating in China are continuously involved in R&D activities to develop modern technology for the material. Rapidly growing electronics and electrical sectors in the region is expected to boost the market demand.

Competitive Insights
The LSR market is highly fragmented in nature. The key players are constantly engaged in mergers & acquisitions in order to strengthen their market presence and achieve a competitive edge. In the year 2016, Dana Holding Corp. announced the acquisition of Magnum Gaskets, U.S. based manufacturer of gaskets for automobile industries. The acquisition has helped Dana Holding Corp. to widen its customer base in the U.S., specifically in the automobile industry.

The major participants in the market consists of KCC Corp., Stockwell Elastomerics Inc., Shin-Etsu Chemical Co. Ltd., Dow Corning, Laur Silicone, Zhejiang Xinan Chemical Industrial Group Co. Ltd., Wacker Chemie AG, Momentive performance Materials Inc., and Nusil Technology LLC. The market players are collaborating and entering into partnerships with suppliers of silicone to obtain the modern material technology.
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