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Kitchen Appliances Market Revenue Will Reach $297.1 Billion By 2024

As per the report "kitchen Appliances Market by Type (Refrigerator, Cooking appliances, Dishwasher), by user application (User application, Commercial, Household), by fuel type (Fuel type, Electricity, Cooking gas), by product structure (Built-in, Free stand), Industry trends, estimation & forecast, 2016 - 2024" The global kitchen appliance market was valued at $181 billion in 2016, and is projected to reach $297.1 billion by 2024, growing at a CAGR of 6.5% from 2017 to 2024. In 2016, the refrigerator segment generated the highest revenue share in the global kitchen appliance market. Among major regions, North America market was the highest revenue generating market valued at $59.7 billion in 2016.

“Constantly changing household and commercial routines, economical accessibility of electricity, and rising concerns regarding ecofriendly appliances are expected to be the key drivers of the kitchen appliances market growth. Expansion of ecommerce distribution channels, emergence of an internet of things (IoT) and other smart technologies is expected to support the overall kitchen appliances market.”

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Refrigerators contributed over 40% of the overall kitchen appliances market share in 2016

The refrigerator segment is supposed to dominate the overall kitchen appliances market throughout the forecast period of 2017-2024 having the highest CAGR of 6.5%. The need to conserve edible items in different temperatures is the key driver of this segment. Environmental concerns regarding rising pollution and global warming have led to the development of refrigerators that are energy efficient. Technological advancements in accordance to this trend may help manufacturers garner huge gains over the forecast timeline.

Changing lifestyle of homemakers and working class people has led the household kitchen appliances to dominate the overall kitchen appliance market in 2016

The household kitchen appliances segment held approx. 60% revenue share of the overall market in 2016 and is expected to maintain the same trend throughout the forecast period. This is because, kitchen appliances play a vital role in smooth and efficient cooking for the household end-users. These appliances have become an inevitable necessity in every household, as they assist convenient and easy cooking. Further, the growing working population paired with nuclear family tendency will continue to drive the demand for kitchen appliances among these users. However, the commercial kitchen appliances market is expected to witness the fastest growth, having a CAGR of 8.7% during the forecast period. The current lifestyle, leaves very less time for cooking, thereby accelerating the trend of eating out at cafes, restaurants, hotels and similar other food establishments, in turn, accompanying the growth of food service industry.

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North America to witness the dominance of kitchen appliances market for next eight years

North America kitchen appliances market generated a revenue of more than $50 billion in 2016 and is expected to grow with the CAGR of 5.7% during the forecast period. Countries such as U.S. and Canada have high living standard due to high disposable income, hence supplementing the market growth. According to According to National Restaurant Association the United States holds more than 1 million restaurants all alone.

However, in terms of growth, the Asia-Pacific kitchen appliance market is supposed to witness the fastest growth, having a CAGR of 7% during the forecast period of 2017-2024, owing to Growing urban population paired with improved living standard. Moreover, rising energy costs is boosting the demand for energy efficient kitchen appliances in the Asia-Pacific region

KITCHEN APPLIANCES MARKET KEY FINDINGS

• The global kitchen appliance market was valued at $181 billion in 2016 and is projected to reach 297.1 by 2024. • Refrigerators contributed over 40% of the overall kitchen appliances market share in 2016. • The household kitchen appliances segment held approx. 60% revenue share of the overall market in 2016. • North America kitchen appliances market generated a revenue of more than $50 billion in 2016 and is expected to grow at the CAGR of 5.7% during the forecast period. • The commercial kitchen appliances market is expected to witness the fastest growth, having a CAGR of 8.7% during the forecast period.

Panasonic, a major household appliance company recently introduced the first high-power Blender in the US healthy-lifestyle small home appliances market. It has been equipped with a unique powerful 1300-watt motor and two-tiered unique six-blade cutting system. Some other major market players are Philips N.V., Whirlpool Corp, Electrolux, Bosch, Bosch, Life is Good (LG), Samsung, Morphy Richards and Dacor, Inc.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/kitchen-appliances-market

About Us

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting Market Research has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact

Esticast Research & Consulting

S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014

Tel: 020 6560 6016

Email: [email protected]

Web : www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Baby Monitor Market Revenue Will Reach $1.72 Billion By 2024

As per the report " Baby Monitor Market By Product Type, (Audio, Video), By mode of connection, (Wired, Wireless), By Geography, (North America, Europe, APAC, ROW), Estimation & forecast, 2016 - 2024." The global baby monitor market was valued at $897 million in 2016, and is projected to reach $1.73 billion by 2024, growing at a CAGR of 8.6% from 2017 to 2024. In 2016, the audio baby monitors generated the highest revenue share in the global baby monitor market. Among major regions, North America was the highest revenue generating market in 2016.

“A major force which is pushing the global baby monitor market is emerging trend of employed parents globally. This is giving rise to more number of day care centers who take the responsibility of looking after infants when the parents are at work. Additionally, increasing the availability of baby monitors through online retailers is a major cause driving the growth of the global baby monitors market.”

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Video baby monitors are expected to witness an impressive growth in the near future owing to their enhanced features

The video baby monitor segment held nearly 87% overall market share in 2016 and is expected to maintain its dominance throughout the entire forecast period. The segment is anticipated to witness the highest CAGR of 9.1% during the forecast period of 2017-2024. One of the major benefits of video baby monitor is that it tracks each and every single activity of the baby when the parents is not at home or is away from the vicinity of the baby.

Rising number of working parents is a major factor which is driving the market growth. According to The World Bank, the total global employment in the period of 2000 to 2013, has been increased by 36%.

On account of the technological advancements, wireless baby monitors will dominate the global market throughout the forecast period.

As the new technologies are emerging in the market, the old ones are fading away. Wireless baby monitors are experiencing an extreme demand, especially in the developed and developing economies. Wireless baby monitors are easy to be installed and makes it easy for the parents to do household errands while simultaneously looking after the baby, even if they are away from the infant location. The very segment held almost 91% of the overall market share. On the other hand wired baby monitors are expected to witness a negative CAGR during the forecast period, owing to its complicated installation and limited range.

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Holding approx. 5/8th of the global market share, North America emerges out to be the leading market for baby monitoring devices

Emerging technological improvisations and changing living standards in countries such as United States and Canada have contributed a lot to the growing demand of baby monitors in United States. Moreover, sudden infant deaths are also a major issue which makes it mandatory for the parents to keep proper observance of their babies. As per Juvenile Products Manufacturers Association (JPMA), the U.S. suffers, approx. 3500 sudden infant deaths per year, out of which 44% deaths occur due to sudden infant death syndrome (SIDS) and 25% deaths occur due to accidental suffocation in bed. Additionally, increasing number of working mothers is also a major factor which is hiking the demand for baby monitoring devices in the region. According to The U.S. Department of Labor, there are 25.1 million working mothers in US representing nearly 34.2% of all the working woman in the country. However, Asia-Pacific is subjected to witness the fastest growth in terms of baby monitoring market, having the highest CAGR of 9.4% during the forecast period. This is a result of emerging economies such as China, India, Japan and Singapore coupled with increasing disposable income in the region.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/baby-monitor-market

BABY MONITOR MARKET KEY FINDINGS

• The global baby monitor market was valued at $897 million in 2016, and is projected to reach $1.73 billion by 2024. • The video baby monitor segment held nearly 87% overall market share in 2016 and is expected to maintain its dominance throughout the entire forecast period. • The wireless baby monitors market held almost 91% of the total market share in 2016. • North America held the largest share of the global baby monitor market in 2016, and is expected to growing with a CAGR of 8.4% during the forecast period.

Product launch and acquisition are the major strategies adopted by the key players of the industry. VTech, a major market player of baby monitor market launched VTech Safe&Sound® VM344, a video baby monitor with pan & tilt Camera, in 2016. Some other major companies of the market are Summer Infant, Inc., Withings, Inc., Angelcare Monitors, Inc., Dorel Industries, Inc., VTech Holdings Limited, Nest Labs, Inc., Samsung Electronics Co., Ltd., Koninklijke Philips N.V, ShenZhen Foscam Intelligent Technology Co., Ltd.

About Us

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting Market Research has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact

Esticast Research & Consulting

S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014

Tel: 020 6560 6016

Email: [email protected]

Web : www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Magnetic Ink Character Recognition (MICR) Printer Market is Anticipated to Grow at a CAGR of 1.3% During the Forecast Period 2018-2025

As per the report "Magnetic Ink Character Recognition (MICR) Printer Market By Type (Inkjet MICR Printer and Laser MICR Printer),By Application (Bank,Other), Industry Trends, Estimation and Forecast, 2017-2025" In 2017, the laser segment generated the highest revenue share in the global Magnetic Ink Character Recognition (MICR) printer market. Among major regions, North America was the highest revenue generating market, holding nearly 25% of the market share, in 2017.

“Technological advancements in the printing solutions has propelled market players to adopt the latest technologies and expand their business horizons in the MICR printing solutions. For instance, Monotech Systems (MSL), a prominent player in the Indian market has installed a JetSci iMCR inkjet system at one of the leading security printers in South India. It is a customized solution that can easily be integrated with both online and offline web machines, as per the customers requirement and configuration. ”

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MICR printers pave their way through varied applications, owing to their ability to offer secure features

Apart from traditionally being used for banking and financial purposes, MICR printers find wide usage in various industries such as Payroll check printing, government sector applications, hospitality, healthcare and retail. Prescription forging is a major issue which is concerning the health authorities of various countries. MICR printed prescriptions have emerged out as the best solution to check drug frauds as they cannot be replicated. Fraud risk, data security and public scrutiny are some major issues for every government.

Banking sector offers lucrative growth opportunities to the players active in the global MICR printer market

MICR printers are an effective solution for printing secure and informative negotiable documents, especially bank cheques. MICR technology offers secure cheque printing solution and revolutionized teller-customer interaction. It has emerged out as a fast and easy way to securely print MICR cheques and other sensitive documents, for all types of loan closings, while making sure that the clients have control over the entire process. The bank segment is expected to grow with an impressive CAGR of 2% during the forecast period.

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North America gained the highest revenue in the global market, owing to the growth in its industrial sector

North America accounted for nearly 25% market share, in terms of revenue, of the global market. It is anticipated to maintain its dominance in the long run and exhibit an impressive CAGR of 1.1% during the forecast period. North America extensively uses MICR technology in various industries such as retail, healthcare, payroll, banking, government, and few others. The interlocking of the healthcare and pharmaceutical industries creates one of the largest verticals in North America. In 2016, approximately 4.4 billion medical prescriptions were dispensed to the patients in United States. According to the Drug Enforcement Agency (DEA), approximately $5 billion are lost each year under the fraudulent prescription activities. To help combat counterfeit healthcare acts, hospitals and clinics have utilized the benefits offered by secure prescription printing software and MICR printers. Thus extensively opening the market for MICR printers in America in every vertical.

KEY FINDINGS OF GLOBAL MAGNETIC INK CHARACTER RECOGNITION (MICR) PRINTER MARKET, 2017-2025

• The laser segment is expected to witness the highest growth rate of 1.4% in the upcoming years. • The global Magnetic Ink Character Recognition (MICR) printer market is anticipated to witness a declining price trend during the forecast period 2018-2025. • North America led the global Magnetic Ink Character Recognition (MICR) printer market in 2017, in terms of revenue, by holding nearly 25% of the total share. • Bank application segment is expected to grow with an impressive CAGR of 2% during the forecast period.

Some key market players are Ricoh, Relyco, HP, Lexmark, Canon, Xerox, Fuji, Lenovo, and Delphax Technologies Inc. Detailed coverage on these market players with information on their revenue from MICR printers, production, capacity, market share, gross margin and their growth strategies have also been provided in the report.

About Us

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting Market Research has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact

Esticast Research & Consulting

S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014

Tel: 020 6560 6016

Email: [email protected]

Web : www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Wi-Fi Camera Market is Anticipated to Grow at a CAGR of 15.3% During the Forecast Period 2018-2025

As per the report "WiFi Camera Market By Type ( Security & surveillance camera, Digital camera with WiFi, Car camera, Sports camera ), By Application ( Home security, Consumer electronics, Sports enthusiasts, Car security ), Industry Trends, Estimation & Forecast, 2017 - 2025" In 2017, the Security & Surveillance Wi-Fi Camera segment generated the highest revenue share in the global Wi-Fi camera market. Among major regions, United States was the highest revenue generating market, holding nearly 20% of the market share, in 2017.

“Wi-Fi camera market has gained a plethora of customers who desire to stay connected or are addicted to social platforms. These cameras have gained importance in various areas such as sports, transportation, surveillance, and networking among others. Owing to the lucrative industry growth the market is attracting more number of players. However, the new entrants are facing pressure in matching up the quality and product variations offered by the existing players.”

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Security & Surveillance Camera segment expected to show an impressive growth rate during the forecast period, owing to the surge in security needs

Wi-Fi security cameras are emerging out as the most adopted security and surveillance appliance in the modern world. IP security cameras are a part of a security system in many homes, businesses and work places. Their ability to access and stream live footages on a cell phone or on a laptop, renders them a high market share and lucrative opportunities.

Millennial’s desire to stay connected propels market players to enhance their product portfolio

The desire of millennial to stay connected with their social circle encourages market players to modify their products as per the changing needs of the customers. Moreover, the improving economic base of emerging nations, has increased the penetration of IoT, which is supposed to offer futuristic opportunities to the market players. In addition to this, the camera and picture recording technology has also been modified frequently as per the usage requirement of these cameras in various applications such as home security, sports, media and many others.

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United States emerged as a market leader and is expected to grow with an impressive growth rate during the forecast period

United States held nearly 20% market share in terms of revenue, of the global market. It is anticipated to maintain its dominance in the long run and exhibit an impressive growth during the forecast period. The increasing demand for smart homes in the region is fuelling the growth of Wi-Fi camera market. However, with increasing competition and declining profit margins, players have focused towards technological innovation and acquiring/partnering with other players in order to complement their skill-sets and strengthen their foothold.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/wifi-camera-market

KEY FINDINGS OF GLOBAL WI-FI CAMERA MARKET, 2017-2025

• United States led the global Wi-Fi camera market in 2017, in terms of revenue, by holding nearly 20% of the total share. • Germany is witnessing a surging trend in the availability of built-in Wi-Fi cameras in its retail sector. • Market players are focusing on joint ventures, mergers and acquisitions, technology innovations in order to gain competitive advantage. • The price of Wi-Fi cameras have declined in past few years and the trend is expected to continue in coming future.

Some key market players are Canon, Sony, Samsung, Panasonic, Nikon, Gopro, Kodak, Fujifilm, Olympus, Ricoh, Garmin, TP-Link, HIKVISION, Netgear, D-Link, JADO, Philips, LG, Uniden, Motorola, Summer Infant, Dahua, iON Cameras, and TASER International.

About Us

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting Market Research has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact

Esticast Research & Consulting

S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014

Tel: 020 6560 6016

Email: [email protected]

Web : www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Shortwave Infra-Red (SWIR) Camera Market is Anticipated to Grow at a CAGR of 7.1% During the Forecast Period 2018-2025

As per the report "Shortwave Infra-Red Camera Market By Type ( SWIR area cameras, SWIR linear cameras ), By Application ( Optical communications, Physics and chemistry measurement, Aerial ), Industry Trends, Estimation & Forecast, 2017 - 2025" SWIR camera market is expected to grow with a CAGR of 7.1% during the forecast period of 2018-2025. In 2017, the area camera segment held the highest revenue share in the global SWIR camera market.

“With the rapid development of imaging technology and optics, SWIR cameras have experienced a greater demand in numerous commercial as well governmental applications such as product inspection, counterfeit object detection and defense and military sector. Moreover, favorable initiatives taken by governments in the field of biological sciences and agriculture are motivating authorities to emphasize more on the R&D of imaging techniques, hence creating futuristic opportunities for the market growth”

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Area cameras expected to show an impressive growth rate during the forecast period, owing to the surge in border disputes.

In the current scenario, there are numerous countries which are facing border disputes and terrorism threats. With increasing safety concerns, government organizations are focusing on adopting advanced defense mechanisms. SWIR cameras have emerged out as the best eye keeper for securing the risky zones. Area cameras can be mounted on trucks, building UAVs and can effectively detect human and various other threats from a safe distance away. The thermal imaging surveillance is very helpful for dealing with security tasks in dark and foggy conditions. Moreover, these cameras are highly preferred by the geologists in order to study various physical aspects of the earth.

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Home Press Release shortwave ir camera market Shortwave Infra-Red (SWIR) Camera Market is Anticipated to Grow at a CAGR of 7.1% During the Forecast Period 2018-2025, Says Esticast Research and Consulting February, 2018

As per the report "Shortwave Infra-Red Camera Market By Type ( SWIR area cameras, SWIR linear cameras ), By Application ( Optical communications, Physics and chemistry measurement, Aerial ), Industry Trends, Estimation & Forecast, 2017 - 2025" SWIR camera market is expected to grow with a CAGR of 7.1% during the forecast period of 2018-2025. In 2017, the area camera segment held the highest revenue share in the global SWIR camera market.

“With the rapid development of imaging technology and optics, SWIR cameras have experienced a greater demand in numerous commercial as well governmental applications such as product inspection, counterfeit object detection and defense and military sector. Moreover, favorable initiatives taken by governments in the field of biological sciences and agriculture are motivating authorities to emphasize more on the R&D of imaging techniques, hence creating futuristic opportunities for the market growth”

Area cameras expected to show an impressive growth rate during the forecast period, owing to the surge in border disputes.

In the current scenario, there are numerous countries which are facing border disputes and terrorism threats. With increasing safety concerns, government organizations are focusing on adopting advanced defense mechanisms. SWIR cameras have emerged out as the best eye keeper for securing the risky zones. Area cameras can be mounted on trucks, building UAVs and can effectively detect human and various other threats from a safe distance away. The thermal imaging surveillance is very helpful for dealing with security tasks in dark and foggy conditions. Moreover, these cameras are highly preferred by the geologists in order to study various physical aspects of the earth.

SHORTWAVE INFRA-RED (SWIR) CAMERA MARKET REVENUE BY TYPE, 2017

North America held the largest chunk of market share in 2016 owing to rapid technical development and increasing applications.

The continuously increasing penetration of SWIR technology in various applications such as counterfeit detection, chemical detection, smartphone SWIR cameras and defense and military is expanding the base of SWIR cameras market in the region. The US is the largest consumer of SWIR technology especially for homeland security issues which includes prevention of terroristic attacks and other public disputes. In 2013, officials of the U.S. Air Force Research Laboratory at Wright-Patterson Air Force Base, Ohio, issued a broad agency announcement for the Industrial Base for Low Cost Shortwave Infrared (SWIR) Camera Cores program. In addition to this, SWIR cameras are being used by the U.S. army in order to detect oil spills in the marine environment. The region held more than 1/3rd of the global market share in 2017. However, Asia-Pacific is also expected to emerge out as a lucrative platform for the growth of SWIR cameras because of continuously increasing defense budgets among the countries such as China, India, Taiwan and Japan.

Expanding and enhancing the product portfolio will assist the major players to grow rapidly in the market.

The major market players are adopting various market strategies in order to develop and get an expanded foot hold in the very market. Product launch and product enhancement has emerged out as the most adopted strategy among the major market players in order to retain their market position and revenue generation. Raptor Photonics, a key market player, has recently launched a visible SWIR camera with the OWL 1280, offering HD resolution for high-end, long-range surveillance, scientific and astronomy applications. The OWL 1280 offers visible extension from 0.4µm to 1.7µm to enable high sensitivity imaging. Products are being modified and enhanced as per the varying requirements coming from different fields. The major companies are investing a generous share of their revenue for the R &D of their products and technology. In 2016, FLIR Systems invested nearly 9% of the total revenue earned for the R&D. In addition to this, acquisition is the most adopted strategy for the expansion of market base. SCD acquired US based Quantum Imaging recently. The acquisition is intended to strengthen and expand SCD’s SWIR related activities in the US defense and homeland security markets.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/shortwave-ir-camera-market

KEY FINDINGS OF GLOBAL SWIR CAMERA MARKET

• Countries such as China and other Asian countries are expected to grow with the fastest growth rate during the forecast period. • Area cameras held more than 50% of the global market share. However, linear cameras are expected to grow with the fastest growth rate of 8031% during the forecast period. • Optical communication dominated the global market in 2017, holding nearly 3/7th of the global market. • Aerial SWIR cameras are expected to witness the highest CAGR of 10.03% during the forecast period. Acquisition, product launch and strategic agreements have emerged out as the key strategies adopted by the major market players all over the globe. Some major market players are Sensors Unlimited, Xenics, Photonic Science, Princeton Instruments, Axiom Optics, New Imaging Technologies, IR Cameras, Atik Cameras, and Raptor.

About Us

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting Market Research has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact

Esticast Research & Consulting

S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014

Tel: 020 6560 6016

Email: [email protected]

Web : www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Alternative Fuel And Hybrid Vehicle Market : Globally Expected to Drive Growth through 2024

As per the report "Alternative Fuel And Hybrid Vehicle Market, By Alternative fuel type, (Gaseous, Electric), By Vehicle type, (Two Wheelers, Passenger Cars, Battery Electric Passenger Cars, Hybrid Electric Passenger Cars, Alternative Fuel Passenger Cars, Commercial Vehicles), Estimation & forecast, 2016 - 2024." The global alternative fuel and hybrid vehicle (AFHV) market was valued at $318 billion in 2016, and is projected to reach $819 billion by 2024, growing at a CAGR of 12.8% from 2017 to 2024. In 2016, the passenger cars segment generated the highest revenue share in the global alternative fuel and hybrid vehicle market. Among major regions, Asia Pacific alternative fuel and hybrid vehicle market was the highest revenue generating market valued at $149 billion in 2016.

“Research, development, and deployment (RD&D) and mass production prospects are leading to rapid battery cost declines and increase in energy density. Signs of continuous improvements from technologies currently being researched confirm that this trend will continue, narrowing down the cost competitiveness gap between EVs and internal combustion engines (ICEs)”

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Governmental support pertaining to the use of electric fuel likely to boost the growth of the AFHV market

In 2016, electric fuel led the alternative fuel and hybrid vehicle market accounting for more than half of the market share. The AFHV market has witnessed healthy growth in the recent years due to increase in the demand for fuel-efficient vehicles, stringent government laws & regulations toward vehicle emission, and increase in public charging infrastructure. Technological advancements in alternative fuel vehicles and proactive government initiatives such as investment in electric and hybrid buses for public transit are propelling the market growth.

Passenger cars led the global alternative fuel and hybrid vehicle market in 2016 The passenger cars segment accounted for the major share of the global alternative fuel and hybrid vehicle market in 2016. China is a potential market as it has the maximum percentage of electric passenger vehicles. As per the Global EV Outlook 2015, China holds 230 million e-bikes, 83,000 e-cars, and 36,500 e-buses. Passenger cars comprise vehicles such as sedans, hatchback, sports utility vehicles (SUV), multi-utility vehicles (MUV), electric cars (battery electric vehicle (BEV), and hybrid electric vehicle (HEV).

Asia Pacific has the largest market share for alternative fuel and hybrid vehicle, owing to stringent government emission laws and regulations

Asia Pacific led the global alternative fuel and hybrid vehicle market by holding nearly half of the shares. It is expected to continue its dominance throughout the forecast period. Such growth in the market is attributed to the increase in public awareness toward fuel-efficient vehicles, increase in adoption of electric vehicles, and enforcement of laws & regulations by government authorities regarding vehicle emissions.

The leading market players in the AFHV market have focused on expanding their business operations in the fast-growing emerging countries of Asia Pacific. Plug Power Inc. is expanding its technology to Asia, where fuel cells are being incorporated into the long-term initiatives of several nations. In China, these markets represent near term opportunities superior than those in the United States.

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ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET KEY FINDINGS • Electric segment led the overall market by holding more than half of the total market share, in 2016. • Technological advancement in the AFHV sector is expected to boost the market growth in developing economies such as LAMEA and Asia-Pacific. • In 2016, the passenger car segment accounted for a major share of the AFHV market and is expected to grow at a CAGR of 11.7%. • The Asia-Pacific region led the global alternative fuel and hybrid vehicle market by holding nearly half of the total share.

Some prominent market players profiled in this report are Toyota Motor Corporation, Tesla Motors, AUDI AG, BMW Group, General Motors, Ford Motor Company, Honda Motor Co., Ltd., BYD Company Limited, Daimler AG, and Zero Motorcycles, Inc. Mahindra & Mahindra (M&M) and Ford Motor Company inked a pact to explore a strategic alliance covering areas like product development, electric vehicles and distribution in India and abroad. Under the agreement, teams from both companies would collaborate and work together for up to 3 years to leverage benefits of Ford's global reach and expertise and Mahindra's scale in India.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/alternative-fuel-and-hybrid-vehicle-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Feminine Hygiene Products Market : Globally Expected to Drive Growth through 2024

As per the report "Feminine Hygiene Products Market By Product types (Sanitary pads, Tampons, Internal cleaners & sprays, Panty liners & shields, Disposable razors & blades), By Distribution channel (Supermarkets & hypermarkets, Specialty stores, Convenience stores, Dollar stores, Online & others), Industry trends, Estimation & forecast, 2016 - 2024," The global feminine hygiene product market was valued at $28.7 billion in 2016, and is projected to reach $47.3 billion by 2024, growing at a CAGR of 6.3% from 2017 to 2024. In 2016, sanitary pads segment generated the highest revenue share in the global feminine hygiene product market. Among major regions, Asia-Pacific feminine hygiene product market was the highest revenue generating market valued at $14.1 billion in 2016.

“The average woman has an estimated 500 menstrual cycles in her lifetime, so feminine hygiene product makers have an ever-replenishing customer base. Demands for these products are changing, as women seek not only more environmentally friendly options but also ones that can accommodate an active lifestyle. Also encouraging the trend: The earlier onset of puberty, technology and fabric advancements and more advertisements targeting teenagers and younger women, as older brand-loyal women enter menopause.”

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Increase in demand for organic and biodegradable raw material-based feminine hygiene products

Conventional sanitary pads contain a combination of synthetic, carcinogenic materials such as dioxin rayon, allergy-provoking metal dyes, and highly processed wood pulp. Use of such extremely permeable contaminants in or near the vaginal area can lead to irritation, itching, discomfort, toxic shock syndrome and other complications. In order to avoid such negative impacts on the human health and environment due to the disposal of such sanitary waste, women are demanding biodegradable, compostable, and eco-friendly sanitary products.

Tampons and panty liners to witness high adoption levels in developing countries

The demand for high-end products such as internal cleansers and tampons is relatively lower in developing countries as compared to the developed countries, due to premium pricing of such products and lack of awareness. However, the adoption has increased at a notable pace since past few years, due to rising disposable income, modernization in retail format, increasing consumer awareness, and increasing availability of such higher-end feminine hygiene products. Most companies are increasingly focusing on product innovation and are keen on manufacturing and introducing tampons that are comfortable and have a higher absorption potential, for instance, the invention of digital tampons, a tampon without an applicator, is favored by women with a retroverted uterus as the process of correct insertion is comparatively easier than using one with an inflexible applicator. Furthermore, RepHresh, a brand of Church & Dwight, has introduced organic products including pH-balanced tampons, which will boost this market's growth. Therefore, increase in demand for tampons and panty liners in developing countries is a lucrative opportunity for global players to gain foothold in this market.

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Asia-Pacific transpired as the largest market for feminine hygiene product, owing to higher penetration of sanitary pads in the region

Asia-Pacific led the global feminine hygiene product market by holding nearly half of the share in 2016. In Asia, even though menstrual hygiene is still a social taboo, personal hygiene awareness campaigns taken up by government agencies and CSR activities conducted by the companies have contributed in the upsurge demand for sanitary products in this region. Furthermore, increasing working women population in the region is another factor fueling the growth of this market.

FEMININE HYGIENE PRODUCT MARKET KEY FINDINGS • Sanitary pads segment led the overall market by holding 2/3 share of the total market, in 2016. • Modernization in retail format propelled the demand for tampons in the developing countries. • The online retail segment is growing at a rapid pace due to the privacy offered and the ability to have a discussion about products, their benefits, and preferences through online chat and forum. • The Asia-Pacific region led the global feminine hygiene product market by holding nearly half of the total share.

Some prominent market players in this market are Procter & Gamble Co., Edgewell Personal Care Company., Unicharm Corporation, Kimberly-Clark Corporation, Lil-Lets Group Ltd, PayChest Inc., Svenska Cellulosa Aktiebolaget., Kao Group, First Quality Enterprises, Inc., and Hengan International Group Co. Limited.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/feminine-hygiene-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Digital Pathology Market : Globally Expected to Drive Growth through 2024

As per the report "Digital Pathology Market By Products (Whole Slide Imaging, Image Analysis- Informatics, Information Management System Storage and Communication, Information Management System Storage and Communication), Industry trends, Estimation & forecast, 2016 - 2024." the global digital pathology market was valued at $390.7 million in 2016, and is projected to reach $1.33 billion by 2024, growing at a CAGR of 16.6% from 2017 to 2024. In 2016, the Whole slide imaging segment held the highest revenue share in the global digital pathology market. Among major regions, North America digital pathology market was the highest revenue generating market valued at 3/8th of the global market share.

“Numerous factors such as cancer diagnosis, efficient workflow, and effective transportation are helping digital pathology market to garner notable revenues globally. Information rich images are proving to be a game changer in diagnosis industry and will nourish the market further. Global digital pathology market is expected to grow significantly in upcoming years and help various organizations in faster & accurate diagnosis.”

Whole slide imaging is expected to lead the market in terms of revenue

Whole slide product segment is expected to grow at a CAGR of 13.5% and projected to hold around 40% of the market share. Various advantages of whole slide imaging such as faster analysis, digital storage, and database creation are helping the segment to retain a large portion of the market share. Growing need of whole slide analysis would further boost the market. For instances, about 1.5 billion histopathological slides are investigated manually each year in the U.S. alone.

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Pharmaceutical and Biotechnology companies end-user segment is estimated to grow at a rapid CAGR of 18.8%

Hospitals & diagnostic centers had generated highest revenue in 2016 and will grow at a steady CAGR of 14.9%. However, Pharmaceutical and Biotechnology companies are expected to grow at an impressive CAGR of 18.8% and will garner a revenue of around 30% of the market share. Increasing adoption of digital pathology for various applications within Pharmaceutical and Biotechnology companies would further boost the market. For instance, nearly all of the top 15 pharmaceutical companies have completed multisite-integration with digital pathology in October 2012.

North America will dominate the digital pathology market throughout the forecast period North America currently holds more than 40% of the market share and is expected to grow at a CAGR of 13.5% from 2017 to 2024. U.S is expected to be the largest market for digital pathology.

Asia-Pacific is one of the largest market for digital pathology. China is estimated to exhibit a highest growth rate with a CAGR of 31.0% and dominate the market in terms of revenue by 2024.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/digital-pathology-market

DIGITAL PATHOLOGY MARKET KEY FINDINGS • Global Digital Pathology market is expected to reach $1.33 billion by the end of 2024. • Whole slide imaging will dominate the market in terms of revenue. • Pharmaceutical and Biotechnology companies will be the largest end users segment to generate revenue in the upcoming years. • North America will lead the digital pathology market throughout the forecast period. However, Asia-Pacific is forecasted to emerge as the fastest growing market.

The global digital pathology market is highly competitive owing to the presence of numerous market players. Some major vendors of the market are Danaher Corporation, Digipath Inc., Glencoe Software Inc., Hamamatsu Photonics K.K., Indica Labs Inc., Koninklijke Philips N.V., Nikon Corporation, PerkinElmer, Inc., Pixcelldata Ltd. and Visiopharm A/S. Key vendors compete on the basis of product quality and competitive pricing. New product launch and technological innovation are key strategies adopted by market leaders to improve their foothold within the market. For instance, OptraSCAN Digital Pathology launched Fluorescent Whole Slide Imaging Scanner in February 2017, to increase their product portfolio in the market.

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About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Blockchain Market : Globally Expected to Drive Growth through 2024

As per the report "Blockchain Market By type (Public blockchain, Private blockchain), By provider (Application and solution, Middleware, Infrastructure and protocol), By organization size (Large enterprises, Small and medium enterprises), By End-User (Government, BFSI, Automotive, Retail & E-Commerce, Media & Entertainment), Industry trends, Estimation & Forecast, 2016 - 2024." The global blockchain market was valued at $216.1 million in 2016 and is projected to reach $9.6 billion by 2024, growing at a CAGR of 60.8% from 2017 to 2024. In 2016, the BFSI sector generated the highest revenue share in the global blockchain market. Among major regions, North America block chain market was the highest revenue generating region valued at $89.1 million in 2016.

“Emerging market Central Securities Depositories (CSDs) could deploy blockchain as a tool, by which corporate actions could be complemented and trade settlements will be speeded up. However, lack of technical understanding about the blockchain concept and lack of awareness about the Blockchain and uncertain regulatory status is supposed to curtail the overall market growth.”

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Private Blockchain dominates the market due to its emergence as open source protocol

The private blockchain segment led the global blockchain market holding more than half of the total market share. Private Blockchain systems have the ability to restrict the participants for consensus processes and transactions. In contrast to public blockchain networks, validators on private blockchain networks are examined by the network owner. They do not rely on anonymous nodes to authenticate transactions nor do they benefit from the network effect. However, the public blockchain systems are expected to witness the fastest growth rate during the forecast period of 2016-2024, owing to its growing attractiveness for developers due to its resistance for hacking and capital controls from oppressive regimes.

Banking, Financial Services, and Insurance (BFSI) vertical to hold the largest market share in 2016 The BFSI segment held 3/4th of the total blockchain market share in 2016 and is expected to maintain the same trend throughout the entire forecast period. This is because of the constantly growing demand for banking and financial transactions which have got developed from traditional payment systems to be flawlessly integrated into modern systems. However, media and entertainment segment is expected to grow with the highest CAGR of 64.9% during the forecast period, as the blockchain technology has helped authors, artists and musicians to connect directly with their audiences without any kind of intermediaries.

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North- America emerged out to be the most lucrative market for blockchain

North American blockchain market held a revenue share of more than 40% of the global market in 2016 as a result of extensive adoption of this technology in the BFSI and retail & e-commerce sectors. The U.S. accounts for a major share of bitcoin and blockchain deal share owing to US-based bitcoin and blockchain startups.

However, APAC blockchain market is expected to grow at the highest CAGR over the forecast period of 2016 and 2024. The major forces which are responsible for this growth in the region are securitization of physical assets and upcoming opportunities within different industry verticals of the countries such as India, Australia, China and Japan.

BLOCKCHAIN MARKET KEY FINDINGS • The global blockchain market was valued at $216.1 million in 2016, and is projected to reach $9.6 billion by 2024. • The private blockchain segment led the global blockchain market by holding nearly 70% of the total market share. • APAC blockchain market is expected to grow at the highest CAGR over the forecast period of 2016 and 2024. • North American blockchain market held a revenue share of more than 40% of the global market in 2016.

IBM, a major blockchain service provider company, accounted for a share of around 10% of the global blockchain market in 2016. Some other major market players are Chain Inc., IBM Corporation, Accenture Plc., Eris Industries, Intel Corporation, Deloitte, Blockchain Tech Ltd., Microsoft Corporation, Digital Asset Holdings and Earthport.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/blockchain-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Text Analytics Market : Globally Expected to Drive Growth through 2024

As per the report "Text Analytics Market by Deployment mode, (On-premise model, Cloud-based model), By Application, (Predictive Analytics, Competitive Intelligence, Customer Relationship Management, Fraud detection, Brand Reputation), Estimation & forecast, 2016 - 2024." The global text analytics market was valued at $2.7 billion in 2016 and is projected to reach $18.4 billion by 2024, growing at a CAGR of 27.9% from 2017 to 2024. In 2016, retail segment generated the highest revenue share in the global text analytics market. Among major regions, North America text analytics market was the highest revenue generating market valued at $1.02 billion in 2016.

“From BioMedical to Academic research, security intelligence to social media monitoring, organizations from diverse industry, across the globe, have adapted Text Analytics techniques and the outcomes so far have proved to be efficient, cost reducing and improvisation in overall customer experience for each kind of organizations. Healthcare & Pharmaceuticals, Academic, and Automotive sectors have benefitted the most from text mining applications. Countries such as US & Europe have started adopting this technique for polls during elections, as it examines overall sentiment of the general public. In September 2017 GemSeek announced the launch of TalkAboutIT, a ready-to-fire text analytics platform which helps companies unlock the value of customer feedback."

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Cloud gains traction in text analytics, owing to its mobility

Cloud-an umbrella term for large number of online services is a very attractive technology amongst all the small and medium scale enterprises (SMEs). Cloud allows real time analysis of the big data to retrieve meaningful information from the data, provides cost effective and lower risks solutions. As cloud allows the analysis of data anytime and from anywhere, it is gaining traction in text analytics. The SaaS cloud model is the fastest growing delivery model for text analytics due to lack of in-house skills to analyze unstructured data.

Expensive text analytics software

Depending on the version and the category of analysis, the cost of the tools used for analytics purposes varies. The tools designed are developed from detailed analysis of homogenously generated data due to which the software is quite expensive. Emerging markets such as India, China, and Japan do not use such expensive tools for the analysis purpose due to their low economies. Moreover, government institutions also avoid the use of such analytical tools due to its high cost. This restricts the growth of text analytics market, which in turn negatively affects the global text analytics market.

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North America appears as the largest market for text analytics, on account of being an early adopter of advanced technologies

North America led the global text analytics market by holding 2/5th of the market share in 2016. It is expected to continue its dominance during the forecast period with a CAGR of 24.8%. Being an early adopter of new and emerging technologies and the presence of large number of text analytics vendors in the region help consolidate the majority of revenues in the market.

However, Asia-Pacific is forecasted to grow at the highest CAGR of 29.4%, during the forecast period. Growing technology expenditures in countries such as China and India and the demand for cost-effective analytical software and services among SMEs are expected to drive the market growth.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/text-analytics-market

TEXT ANALYTICS MARKET KEY FINDINGS • Fraud detection is the major application of text analytics witnessing a compound annual growth rate of 30.4%, over the forecast period 2017-2024. • The need to generate insights from the data gathered from financial transactions and customer feedbacks is expected to foster the retail and BFSI sectors. • The overall usage of text analytics tools and awareness about the text analytics technology is limited, especially in APAC region, restricting the global market. • North America region led the global text analytics market by holding 2/5th of the total market share.

Some prominent market players profiled in this report are Attensity Inc., Microsoft Corporation, Statistical Analysis System, International Business Machine (IBM), SAP, Hewlett Packard (HP), Oracle, Tableau Software, Clarabridge, Tibco Software. In July, 2017 Tableau software joined hands with TapClicks, a provider of reporting and marketing analytics platform. This partnership will benefit agency and enterprises that depend on a lot on SaaS and private stores of data to visualize data in BI software. It is also a boon for companies who are seeking out for scalable ways to gather marketing data and make it available within Tableau for analysis along with other critical data like CRM records and financial information.

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Building Information Modeling (BIM) Market : Globally Expected to Drive Growth through 2024

As per report “Global Building Information Modeling Market, By Solution (software and services), by deployment model(on-premises and cloud),by application area(Commercial, industrial , institutional and others) ,by geography(North America, Europe, Asia Pacific and Rest of World), industry trends Estimation & Forecast, 2016-2024”, the global BIM market was valued at $3.6 Billion in 2016 and is projected to reach $18.8 billion by 2024, growing at a CAGR of 22.9% from 2016 to 2024. In 2016, BIM Software segment generated the highest revenue share of $ 2.7 billion growing at a CAGR of 23.4% in the global BIM market. Among major regions, North America is currently leading the BIM market with the revenue of $1.07 billion, however, Europe and Asia Pacific would surpass the North American market by 2021.

“Emerging countries of Asia Pacific and Europe would experience a steep growth in the BIM market. This is because of the increasing infrastructural developments. With the rise in population, requirement of new buildings and structures would lead to a hike in the growth of BIM market in the countries such as India and China”

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Cloud based BIM deployment leads the market and is further expected to grow at highest CAGR of 23.8% during the forecast period

Cloud-based BIM is a type of Software-as-a-Service that is prominent among small and medium sized enterprises, as the prices associated with services, operational costs, licenses & subscription costs, storage, and bandwidth are lesser, which makes it more convenient and affordable. It is a software licensing and delivery model. It is also referred as on-demand software. These cloud-based versions are beneficial as these are easily available at affordable rates. It is also an attractive deal for the construction and building industries seeking to make the most from the technology available at lower costs and risks.

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North America leads the BIM market with market share of nearly 35% in 2016

North America is leading the global BIM market with the revenue share of $1.07 billion in 2015. The stabilized and settled constructions of residential and commercial buildings is a major reason for the market growth. Growing awareness about the benefits of BIM among the constructors and contractors in North America is also working as a key driving factor for the North American market.

The European market is expected to hold the second largest market share during the forecast period. Commercial segment is the largest application area for BIM in Europe; however, infrastructure is expected to witness the fastest growth.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/building-information-modeling-market

The market for commercial application holds the largest share and is expected to grow at the CAGR of 24.4% during the forecast period.

There would be a significant rise in the market for the commercial application between 2015 and 2024. The growth of the BIM market for commercial application is attributed to the fact that building information modeling provides digital prototyping analysis and simulation, hence shortening the construction period while consistently improving productivity and reducing risks associated with construction projects in the commercial building sector.

Key findings of the Building Information Modeling (BIM) Market:

BIM market is expected to grow at a remarkable rate owing to supportive government initiatives for mandating the adoption of BIM software for construction projects • Software segment would continue to lead the global BIM market with more than 70% of the total market share. • Infrastructure segment is expected to grow at the fastest CAGR of 25.2% during the forecast period • Cloud based deployment model is expected to lead the market throughout the forecast period as a result of its cost-effectiveness and easy availability

In June 2016, Autodesk inc., a major BIM software provider company acquired CadSoft Computer GmbH, a Germany based Computer Aided design software developing company. This strategic move will help the company to grow more in the field of software development and enhance its existing technology. Key players of the BIM market in the report include Autodesk, Inc., Trimble Navigation Ltd, Nemetschek AG, Synchro Software Ltd., Bently Systems Inc., Dassault Systemes, Asite Solutions Ltd, Pentagon Solutions Ltd., AECOM.,Beck Technology, Ltd.

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Industrial Emission Control Systems Market : Globally Expected to Drive Growth through 2024

As per the report "Industrial Emission Control Systems Market by Equipment type (Electrostatic Precipitator, Scrubbers, Fabric Filters, Cyclones, Thermal Oxidizers, Catalytic Reactor), by Emission source (Power Generation, Cement, Pulp and Paper, Chemical Industry, Mining and Metal Processing, Manufacturing ), Industry trends, Estimation & Forecast, 2016 - 2024," The Global Industrial Emission Control Systems Market was valued at $13.8 billion in 2016, and is projected to reach $25.2 billion by 2024, growing at a CAGR of 7.9% from 2017 to 2024. In 2016, power generation segment held the largest share of the global Industrial Emission Control market. Among the major regions, North American Industrial Emission Control market was the highest revenue generating market valued at around $4 billion in 2016.

“Increasing global environmental awareness has led governments to enforce stringent regulations over industrial emission. Moreover, increasing respiratory and other serious diseases have boosted the market for industrial emission control system across the world. The adoption of renewable energy and increased investment in clean energy may restrict the market growth. The introduction of new Air Toxic Standards will help the global industrial emission control market further.”

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Electrostatic Precipitator holds the largest market share and expected to grow at CAGR of 8.1%.

Electrostatic Precipitator is basically air filtration device which removes pollutants by force of electrostatic charge minimally impeding the flow of gases through the unit. Good purifying power and complete automated control boost the growth of Electrostatic Precipitator within industrial emission control system market. It dominates the market with around 35% of the market share and is growing CAGR of 8.1%.

Power Generation source segment is expected to grow at CAGR of 7.9% for the forecasted period. Power plants generate the highest amount of pollutants and are adversely affecting the global environment. Growing demand of electricity and various new applications of electrical power such as electric vehicles has boosted the growth of power plants across the globe and thus increased pollutants. Owing to the growth of thermal power plants the power generation emission control systems have grown in the past few years and expected to grow further at CAGR of 7.9% for the forecasted period.

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Asia-Pacific is expected to be the largest market for industrial emission control systems by 2024.

The new developing economies and enhanced global trade are boosting the growth of thermal power plants within Asia-Pacific market. Owing to growing thermal power plants the industrial emission control market is expected to grow at CAGR of 8.7% and will hold around 3/7th of total industrial emission control market. Currently, North America is the largest revenue generating segment. However, focus on renewable energy will hamper the market growth of industrial emission control systems in North America.

Equipment type segment within Asia-Pacific is expected to reach around $12 billion by 2024. Electrical Precipitator is expected to gain the highest market share by end of forecasted period of 2017-2024.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/industrial-emission-control-systems-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Mobile Crushers and Screeners Market : Globally Expected to Drive Growth through 2024

As per the report "Mobile Crushers and Screeners Market By product type, Mobile Crushers (Jaw Crushers, Impact Crushers, Cone Crushers, Others) Others), Industry trends, Estimation & Forecast, 2016 – 2024." The global mobile crushers and screeners market was valued at $2.04 billion in 201 and is projected to reach $3 billion by 2024, growing at a CAGR of 4.8% from 2017 to 2024. In 2016, the mobile crushers generated the highest revenue share in the global mobile crushers and screeners market. Among major regions, Asia-Pacific market was the highest revenue generating market in 2016.

“Unlike the traditional crushing units, the mobile crushers crush the material directly on-site and can either transport the final product by itself or transmit it to a truck, hence reducing the operational cost. Moreover, their reliability, high efficiency, low wear and tear and versatile flexible configuration are the key reasons responsible for the growth of mobile crushers market in the current industrial scenario”

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Stone quarrying dominates the global crushers and screeners market by holding nearly 2/3rd of the overall market share

The stone quarrying segment held approx. 65% of the global market in 2016. Stone quarrying is a multistage process by which rock is extracted from the ground and crushed to produce aggregate, and then it is screened into different sizes as per requirement. With the sanctioning of new construction projects in the developing regions such as Asia-Pacific, the demand of stone quarrying is highly stimulated. Stone crushing & screening equipment play a vital role in the construction industry as they provide vital aggregates required for concrete production as well as for road construction. As a result construction sector is expected to witness the fastest growth, with a CAGR of 6.3% during the forecast period.

High operational reliability and low maintenance requirements lead Jaw crushers market to have an impressive growth Mobile jaw crushers are used for primary crushing of a wide variety of applications in the mining, iron & steel, and pit and quarry industries. Furthermore, they are used in recycling processes. Mobile jaw crushers are preferred in comparison to other crushers owing to rapidly rising cost of quarry operation due to lack of qualified manpower to operate the plants. The segment held nearly 44% of the total mobile crushers market share in 2016 and is expected to continue growing with the same trend throughout the forecast period, having the highest CAGR of 5.7%. Impact crushers followed the jaw crushers market, by holding nearly 1/4th of the total mobile crushers market in 2016 owing to their high flexibility and versatility.

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Asia Pacific to witness the fastest growth of mobile crushers, owing to rapid growth of infrastructure

Asia-Pacific region held nearly 50% of the overall mobile crushers and screeners market. The growth in infrastructural development projects such as dams, railways, airports, expressways, and national highways is leading the construction industry to flourish in the region, creating lucrative opportunities for the growth of mobile crushers and screeners market. Emerging countries such as India, China and Japan are constantly involved in new infrastructural projects. India, being a developing country is largely emphasizing on the growth of railway and road networks.

However, the economic slowdown in Europe is projected to result in the decline in construction activities, thereby saturating the demand for mobile crushers and screeners in the region.

MOBILE CRUSHERS AND SCREENERS MARKET KEY FINDINGS • The global mobile crushers and screeners market was valued at $2.04 billion in 2016, and is projected to reach $3 billion by 2024. • The stone quarrying segment held approx. 65% of the global market in 2016. • The Jaw crushers segment held nearly 44% of the total mobile crushers market share in 2016. • Asia-Pacific region held nearly 50% of the overall mobile crushers and screeners market.

Product launch is the prominent growth strategy adopted by the companies, accounting a major share of the total number of strategies adopted by the companies. Major market players are Komatsu Ltd., Sandvik AB, Terex Corporation, SBM Mineral Processing GmbH, Kleemann GmbH, McCloskey International, Anaconda Equipment Ltd.,Metso Corporation, Astec Industries, Inc., and Lippmann Milwaukee, Inc.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/mobile-crushers-screeners-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Pressure Pumping Market : Globally Expected to Drive Growth through 2024

As per the report "Pressure Pumping Market By Service Type, (Hydraulic fracturing, Cementing), By Well Type, (Horizontal, Vertical), By Resource Type, (Conventional, Unconventional), Estimation & forecast, 2016 - 2024." The global pressure pumping market was valued at $88.5 billion in 2016, and is projected to reach $314.14 billion by 2024, growing at a CAGR of 17.4% from 2017 to 2024. In 2016, the Hydraulic Fracturing segment generated the highest revenue share in the global pressure pumping market. The highest growth will be experienced by cementing service market, having a CAGR of 18.1% during the forecast period. Among major regions, North American Pressure Pumping market was the highest revenue generating market in 2016.

“A considerable increase in the exploration of unconventional resources and their exploitation is the most important driver for the global market. The pressure pumping technology is a versatile technology which could be used to recover both conventional and unconventional oil and gas resources. The future scope for the industry is high as per the growing energy requirements and depletion rate of conventional oil resources.”

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Hydraulic fracturing expected to dominate the pressure pumping market holding more than 70% of the total market share in 2016

Hydraulic fracturing, or fracking, is a process in which water, sand and chemicals are pumped underground to break apart the rock and release the gas. In past decades, an extensive use of hydraulic fracturing has been noticed in the North American countries. Fracking is is highly effective, efficient and productive method for reaching deep and difficult to reach zones below the earth’s crust. According to the statistics revealed by U.S. Energy Information Administration (EIA), nearly 50% of the total oil wells in the U.S. are hydraulically fractured.

Unconventional resources will experience the highest exploration, witnessing the fastest growth during the forecast period.

Unconventional resource exploration through pressure pumping is an emerging market trend and is expected to hold highest growth rate of 19.2% throughout the entire forecast period. The market held nearly 40% of the global market share in 2016. Advancements in the exploration methodologies have made unconventional oil sources more accessible for the E & C companies, and have reduced the cost of extraction. As conventional sources of oil are getting exhausted and getting too expensive to use, unconventional sources are expected to make up a larger share of fossil fuel production in the near future. According to a research done by EIA, the world has 7576.6 trillion cubic feet of wet shale gas and 418.9 billion barrels of tight oil which is technically recoverable.

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Vertical well pressure pumping service segment governed the overall market holding more than 70% market share.

The vertical wells, also called as conventional wells is the majorly drilled well type by the exploration and production companies in order to exploit conventional oil and gas reservoirs for petroleum, CNG and crude oil. The market is expected to grow with a CAGR of 16% during the forecast period. However, an extensive use of horizontal well drilling procedures for reaching unconventional oil resources such as shale oil, tight oil and others, will lead the very market to grow with the fastest growth, with a CAGR of 18.3% throughout the forecast period.

The global pressure pumping market is driven by rapid depletion of conventional energy reservoirs and shifting trend towards unconventional reservoirs. However, high risks of environmental hazards and high initial cost investment may resist the market growth. Many companies are still using the traditional ways of oil and gas extraction which is also a growth hindering factor. Changing exploration trends and constantly increasing demand of power can act as a future opportunities for the Pressure Pumping Market.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/pressure-pumping-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected] Web : https://www.esticastresearch.com

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erc-marker-research-reports-blog · 6 years

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Food Safety Testing Market : Globally Expected to Drive Growth through 2024

As per the report “Global Food Safety Testing Market, by contaminant tested ( Pathogens, GMO, Pesticides), by technology (conventional and unconventional), Industry Trends, Estimation & Forecast, 2016-2024” , the global food safety testing market was valued at $12.14 billion in 2016, and is projected to reach $21.43 billion by 2024, growing at a CAGR of 7.4% from 2017 to 2024. In 2016, the pathogen testing segment generated the highest revenue share in the global food safety testing market. Among major regions, North American food safety testing market was the highest revenue generating market valued at $4.5 billion in 2016.

“The demand for genetically modified food products such as crops, fruits, animal products and vegetables is booming in the market. Most of the crops we consume are actually genetically modified, as they offer better quality, high yields, and pest resisting ability, but, besides this, genetic modification can also lead to a decrement in nutritional values and an increment in toxicity of the food. Hence, GMO food product testing will experience the highest growth in the upcoming future “

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Rapid Testing Technology is going to lead the market and would grow at a CAGR of 9.3% over the forecast period

Although the global food safety testing market was led by the Conventional testing method generating a revenue of $6.13 billion, the highest growth would be witnessed by the rapid food safety testing methods which is expected to have a CAGR of 9.3% over the forecast period. This is because of the increasing level of food contamination and food borne diseases all over the world. Testing, done by the traditional methods usually takes 3 to 4 days, which is a long and excruciating process. Hence rapid testing technologies are in demand in order to conduct testing of contaminants in a more effective, reliable and time-saving manner.

Pathogens held more than 50% market of food safety testing market in 2016 and would grow at a CAGR of 7.2% during forecast The pathogen is a set of bacterium, viruses, and fungi which can create a serious hazard for human beings if consumed. Pathogens like Salmonella, E.coli , Vibrio Cholerae, Listeria monocytogenes and Campylobacter can cause serious health issues like Diarrhea, Cholera, Fever, and Nausea. In the United States, foodborne diseases have been estimated to cause 6 million to 81 million illnesses and up to 9,000 deaths each year, causing the food safety testing industry to flourish in the region.

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Conventional testing method leads the market with the market share of $6.13 billion, however, the highest growth rate is exhibited by Rapid testing method with a CAGR of 9.3% during the forecast period

Most of the developing countries still rely on the conventional methods of food safety testing. This is because of its affordable costs and easy availability. Rapid testing methods are quite expensive, but at the same time it saves a lot of time and can give accurate results. Hence it exhibits a growing trend in the food safety testing market with a CAGR of 9.3% and holds a share of more than 40% in the total food safety testing market, in the current market scenario. Rapid testing methods hold nearly 75% share of the North American food safety testing market.

Meat and Poultry testing leads the market with a market share of nearly 27% in 2016

Testing of meat and poultry products is majorly done to test their level of contamination. Pathogen testing is frequently carried out to keep a check on the quality level of meat and poultry products including chicken, fish, mutton, beef, and pork. North America is the leading market for meat and poultry testing, however, the highest growth is to be witnessed by Asia Pacific during the forecast period with a CAGR of 8.5%. This is the result of an increase in consumption and exports of meat and poultry products by Asia Pacific countries.

Global Food Safety Testing Market Key insights • Asia Pacific region is expected to have the fastest growth with a CAGR of 8.3 % over the forecast period. The region generated the revenue of $2.95 Billion in 2016.

Currently, North America held the major segment of the food safety testing market • GMO testing is expected to witness the highest growth with a CAGR of 8.3% over the forecast period (2017- 2024). • Rapid testing method holds more than 40% of the total Food safety testing market • In Europe, U.K. holds the highest share of food safety testing, however, the highest growth is expected to be witnessed by France, with a CAGR of 8.6% over the forecast period. • The meat and poultry segment is expected to witness the highest growth having a CAGR of 7.1% over the forecast period.

Some of the key market players operating in the industry are SGS SA. Intertek Group Plc., Eurofins Scientific., Merieuz Nutrisciences, Bureau Veritas S.A., ALS Limited., Asurequality Limited., Microbac Laboratories, Covance Inc., and International Laboratory Services. SGS SA, a leading food safety testing company, recently acquired ILC Micro-Chem, an independent laboratory that specializes in microbiology and food chemistry testing services. This will lead the company to increase the scope of food safety testing services across the globe.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/food-safety-testing-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected]

Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Soy Protein Market : Globally Expected to Drive Growth through 2024

As per the report "Soy Protein Market By product Type (Soy Protein Isolates, Soy Protein Concentrates, Soy Protein Hydro-lysates), By Form Type (Dry, Liquid), By Application Type (Functional foods, Bakery & confectionery), By Function Type (Nutrients, Emulsifier, Fat & Water Absorption, Texturants), Estimation & forecast, 2016 - 2024", The Soy Protein Market was valued at $XX billion in 2016, and is projected to reach $XX billion by 2024, growing at a CAGR of 6.0% from 2017 to 2024. In 2016, Soy Protein Concentrates segment held the largest share of the global Soy Protein market. Among the major regions, North American Soy Protein market was the highest revenue generating market valued at $1.8 billion in 2016.

“Improving lifestyle and healthy choice has led consumers to opt for soy protein instead of milk proteins. The added advantage of vitamin D is one of the important element of soy protein. The availability of micronutrients made it popular among infant food, which is one of the biggest driver for global soy protein market. The market is expected to grow at steady rate with Asia-Pacific region leading the market.”

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Soy Protein Concentrates is the highest revenue generating segment of 2016.

Soy Protein Concentrates in estimated to be the highest revenue generating segment of 2016 and expected to grow at steady CAGR of 5.7%. The high protein contain of Soy Protein Concentrates makes it unique and desiring element among beverages. The overall advantages of Soy Protein Concentrates fuels the demand for soy protein across the globe.

Liquid segment is expected to grow at CAGR of 6.5% from 2017 to 2024.

Dry form of the soy protein lead the market in 2016 and is expected to maintain its dominance throughout the forecast period. The segment accounted for more than 3/4th of the market value. On the other hand, liquid soy protein market segment in expected to witness fastest growth of 6.5%.

Asia-Pacific is expected to exhibit highest CAGR while North America will still dominate the market share.

The Asia-Pacific region is expected to exhibits the highest CAGR of 6.9% and expected to gain around 20% of the market share by 2024. However, North America will dominate the market in terms of revenue and is expected to gain around 40% of the market share. North America is expected to grow at CAGR of 5.5% during the forecast period.

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The nutrients market segment is expected to dominate the function type segment and will continue to grow at impressive CAGR of 5.7%.

Key Findings of global soy protein market • The Soy Protein Market was valued at $XX billion in 2016, and is projected to reach $XX billion by 2024 • Global soy protein market is expected to exhibit the growing CAGR of 6.0 for the forecasted period of 2016-2024 • North American market is expected to dominate the global soy protein market in upcoming years.

The market is moderately competitive and displays the presence of several regional and international players. Promotion and product launch is the key strategy adopted by key players to gain more market share and extend their product portfolio. For instance, Ruchi Soya launches first-of-its-kind corporate initiative to make yoga a part of working day, which helps to advertise and increase sales.

Some Major players of the global soy protein market are DuPoint Nutrition & Health, Crown Soya Protein Group, Burcon NutraScience Corporation, Omega Protein Corporation, Armor Proteins, Archer Daniels Midland Company, Wilmer International, Kerry Ingredients Inc., George Weston Foods, and Ruchi Soya Industries.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/soy-protein-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected]

Web : https://www.esticastresearch.com/

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erc-marker-research-reports-blog · 6 years

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Power Management IC Market : Globally Expected to Drive Growth through 2024

As per the report “Power Management IC Market By Type (Voltage Regulators, Battery Management ICs, Motor Control ICs and Integrated ASSP (application-specific standard product), By Industry Verticals (Electronics, Automotive, Telecommunications and Others (Defense and aerospace, railway and healthcare) Industry trends, Estimation & Forecast, 2016 - 2024", the global Power Management IC (PMIC) market was valued at $40.21 billion in 2016, and is projected to reach $61.33 billion by 2023, growing at a CAGR of 6.4% from 2017 to 2023. In 2016, the voltage regulators segment generated the highest revenue share in the global PMIC market with highest growth rate, having a CAGR of 6.8% during the forecast period. Among major regions, Asia-Pacific PMIC market was the highest revenue generating market valued at 18.09 billion in 2016.

“PMIC is an electronic power switching device used to control, and manage power in an effective manner. It is designed to perform a single set of tasks with superior reliability and performance. Moreover, they offer several benefits such as high efficiency, reduced system complexity, and minimized system maintenance. Voltage regulator contributes almost 25% of the total PMIC market, owing to its resilience and higher efficiency.”

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Integrated ASSP Power Management ICs market lead the PMIC market holding more than 25% of the total market share in 2016

Voltage regulators are largely used in the electronic circuitry of a device. Voltage regulators are designed or used to automatically maintain voltage at a constant level. These regulators based on their design can be used to regulate one or more DC or AC voltages. Asia-Pacific region generated a revenue of nearly $37 billion in 2016. Demand for motor control ICs is increasing in sectors such as industrial, automotive, computer and medical as well as in emerging markets such as power tools and white goods. Motor control ICs provide advanced control capabilities for three phase induction motors and brushless DC motors.

Consumer Electronics end-user exploration will witness the fastest CAGR of 6.7% during the forecast period

Consumer Electronics end-user in PMIC market holds the revenue of 10.49 billion in 2016. Power management ICs are penetrating the consumer electronics industry with advancements of new technologies. PMICs are generally used in devices such as portable music players and mobile phones. PMICs are used to manage power usage efficiently in such devices. The major factor contributing to the growth of PMICs in consumer electronics is global sales of smartphones, tablets, laptops and PCs. PMICs allow the usage of portable devices for a longer period due to efficient use of power. Other areas where PMICs are used comprises household appliances such as refrigerators, washing machines, televisions, digital cameras and camcorders. Inclusion of PMICs in electronic devices has helped in the efficient usage of power and to increase the life of devices.

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The global market for PMICs is expected to witness substantial growth in demand during the forecast period, owing to surge in production of automobile & battery supported portable electronic devices, increase in need for better performance efficiency, and rise in concerns associated with the cost incurred for power management solutions. It is expected that the demand for battery supported devices such as handheld gadgets and smartphones would witness noticeable growth during the forecast period. This growth would primarily be initiated from the Asian countries, particularly India and china. Increasing demand for consumer electronic products concerned with semiconductor manufacturing, telecommunication and networking and automotive are expected to boost the growth of PMICs. However, high complex structure may resist the market growth. Energy harvesting applications and usage in smart buildings can act as a future opportunities for the PMIC Market.

PMIC Market Key Insights • Asia Pacific is expected to have the fastest CAGR of 7.5% over the forecast period. The region generated the revenue of $ 18.09 Billion in 2016.

Voltage Regulator product holds the major segment of the PMIC Market.

Consumer Electronics end-user in PMIC market is expected to witness the highest CAGR of 6.7% over the forecast period (2017-2023).

North America holds 30 % of the total PMIC market.

The leading players have adopted product launch as the key strategies in order to improvise the quality of services and increase productivity. The major market players of the PMIC market are Texas Instruments Inc., STMicroelectronics N.V., Renesas Electronics Corp, ON Semiconductor Corp., Mitsubishi Electric, Linear Technology, Maxim Integrated, Dialog Semiconductor PLC, Semtech Corporation, and Rohm Co Ltd.

To know more about the report, visit at https://www.esticastresearch.com/market-reports/power-management-ic-market

About Esticast Research & Consulting :

Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.

Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact Esticast Research & Consulting S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune, Maharashtra 411014 Tel: 020 6560 6016 Email: [email protected]

Web : https://www.esticastresearch.com/

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