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Showing posts from October, 2018

Global Cloud Migration Services Market –

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Global Cloud Migration Services Market is expected to reach USD31.16 Billion by 2026 from USD 2.64 Billion in 2016 at a CAGR of 28%. The major factors donating in the development of the market are growing penetration of cloud computing & technological advancements. Furthermore, demand for cloud computing is anticipated to be driven by some other factors, like lower security, flexibility & lower costs. Global Cloud Migration Services Market is segmented by Service Type, Deployment Model, Application, Vertical and Geography. Based on vertical BFSI vertical is estimated to hold the largest market size in 2017 BFSI organizations lead the industry vertical segment of the market in migrating their workloads to the cloud environment. The need to consolidate the cost of IT and infrastructure is driving BFSI organizations to migrate their workloads in the cloud. Migrating workload to the cloud provides BFSI organizations with agility and flexibility to deploy IT infrastructure and le

Medical Exoskeleton Market

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Medical Exoskeleton Market is expected to propel US$ XX Mn by 2026 with a CAGR of XX% in the forecasting period 2018-2026. Exoskeletons are special wearable devices that work in synchronization with the user. The exoskeletons are usually placed on the user’s body, acting as amplifiers that enhance, and restore human performance. These exoskeletons are usually either made out of rigid materials which include metal or carbon fiber or can even be made out of soft and elastic parts. These are powered and equipped with special sensors and actuators, or can be entirely passive depending on its usage or application. The increase in a number of people having physical infirmities together with consequent development in the demand for effective rehabilitation approaches across numerous countries some of the major factors that are driving the growth of the medical exoskeleton market. In the recent years, there has been an increase in rehabilitation therapies for elderly patients as well along

Global Pneumatic Tire Market

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Global Pneumatic Tire Market is expected to reach US$ 287.5 Bn by 2026, registering a CAGR of 7.0% during the forecast period of 2017-2026. A pneumatic tire is also known as air-filled tire, which is made of an airtight inner core filled with pressurized air. It may absorb the variability of terrain from impacts and cushion the load. Pneumatic tires are in high demand in the automotive market. Pneumatic tires are rubber tires filled with compressed air that increase the tires loading capacity and improve the overall performance of the vehicle. The pneumatic tire markets have witnessed considerable growth mainly due to significant increase in automobile production and a subsequent rise in the demand of tires in the replacement market. However, the growing trend of retreading tires and variation raw material prices are factors hindering the growth of the market. Changing lifestyle, rapid economic growth, growth in high spending by customers, government proposal, and enhancing road inf

Global IoT Security Market

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Global IoT Security Market is expected to reach at a CAGR of about 40 % during a forecast period of 2017-2026. The need for regulatory compliance is one of the major factors driving the market growth. With a huge amount of digital information being transferred between people, the government of several economies are taking steps to secure networks from hackers and virus threats by establishing strict regulatory structure. The emergence of the smart city concept is expected to offer a sound opportunity for the market growth in the forecast period. Governments in the developed economies have already taken steps to develop smart cities by developing Wi-Fi hotspots at multiple locations within a city. Ransomware remained as the main threat, with the Petya or Not Petya and WannaCry attacks taking down systems worldwide. Growing need for data-centric safety, an increase in risk-based adaptive security for IoT ecosystem, will propel the IoT Security Market. Growing awareness about the benef

Global thermal energy storage market

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Global thermal energy storage market was valued at USD 3.70 Bn in 2017, and it is expected to reach a value of USD 8.20 Bn by 2026 at a CAGR of 10.46%, during the forecast. Report segmented market by Technology, by Storage material, by Application, by region. Based on technology is divided into Sensible, Latent, & TCS. Storage material classified into Water, Molten salt, Phase Change Material (PCM).based on application divided into Power Generation, District Heating & Cooling, and Process Heating & Cooling. Region wise the market is divided into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Increasing adoption of the renewable energy resources is the major factor driving the thermal energy storage market. The utilities, commercial, industrial, and residential sectors have emerged as the key end users of thermal energy storage solutions across the world. Thermal energy storage has become a reliable source of energy, resulting in multipl

Global Waste Heat Recovery System Market

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Global waste heat recovery system market is expected to reach US$ 68 Bn by 2026 at a CAGR of about 6.80 % during a forecast period. The report segment waste heat recovery system market based on application, end user industry and region.Based on the application, waste heat recovery system market is classified into Preheating and steam & electricity generation.In terms of end user industry, waste heat recovery system market can be divided into Petroleum refining, metal production, cement, chemical, paper & pulp, and textile. By region waste heat recovery system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Increasing population, manifestation of strict energy emission regulations and rapid mechanisation are the major growth drivers for the waste heat recovery system market. Increasing requirement of energy and electricity at reasonable prices is the key factor to boost the waste heat recovery system market. High capi

Global Pneumatic Tire Market

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Global Pneumatic Tire Market is expected to reach US$ 287.5 Bn by 2026, registering a CAGR of 7.0% during the forecast period of 2017-2026. A pneumatic tire is also known as air-filled tire, which is made of an airtight inner core filled with pressurized air. It may absorb the variability of terrain from impacts and cushion the load. Pneumatic tires are in high demand in the automotive market. Pneumatic tires are rubber tires filled with compressed air that increase the tires loading capacity and improve the overall performance of the vehicle. The pneumatic tire markets have witnessed considerable growth mainly due to significant increase in automobile production and a subsequent rise in the demand of tires in the replacement market. However, the growing trend of retreading tires and variation raw material prices are factors hindering the growth of the market. Changing lifestyle, rapid economic growth, growth in high spending by customers, government proposal, and enhancing road inf

India Automotive Safety Market

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India Automotive Safety Market is estimated to register a CAGR of 14.5% during the forecast period, 2018 to 2026. In India, the proportion of deaths due to road accidents is around three to four times that of European countries including France, Germany and Spain. In a report from the transport ministry released in September last year, the stats showed as many as 17 people died in 55 road accidents per hour on an average in 2017, with more than 50 per cent of the victims from the 18-35 age group. The report also stated one major fact - the overall number of accidents declined by 4.1 per cent from last year, but fatalities went up by 3.2 per cent. To give a clear perspective, a total of 1,40,652 road accidents took place in India last year, resulting in 1,50,785 deaths, and leaving 4,94,624 number of persons with serious injuries. Indian automotive safety standards are rightfully condemned for being insufficient and ineffective. The World Health Organization data reveals that more t

Global Automotive Braking System Market

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Global Automotive Braking System Market accounted for US $26.75 Bn in 2017 is expected to reach US $47.90 Bn. by 2026 at a CAGR of 7.62%.  Automotive braking system in a vehicle can be regard as energy conversion device, which transfers the momentum into heat to stop the vehicle. The driving factor for the Automotive braking system are incrementing demand in consumer preferences, increase in government regulations for the safety of the vehicle and rising death due to failure of break system in vehicles. In restrains for automotive breaking systems will the higher cost of the newer technology of electronic systems. Global Automotive Braking System Market is segmented into Brake type, Vehicle type, Technology type and geography. In terms of Brake, segment is an increase in the usage of disc brakes in the recent years, primarily, due to their ability to function in adverse weather conditions without overheating or fading. Availability of these brakes in different sizes and configur

Industrial Liquid Coating Market

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Industrial Liquid Coating Market was valued US$ 45 Bn in 2017 and is estimated to reach US$ 71 Bn by 2026 at a CAGR of about 6% during a forecast. Industrial Liquid coating also known as wet painting. Due to certain limitation of powder coating, liquid coating has gain market. Liquid coatings offers more shades of colour, thinner coats, easier masking, smoother surface, dries much smoother for a shinier, less textured appearance, noise control, corrosion & chemical resistance, wear resistance & non-stick, abrasion resistance. Liquid coating enhances material efficiency. Liquid coating includes both solvent based coating and water borne coating. Industrialization, urbanization, expansion of automobile industry and remodelling & expansion in infrastructure sector is driving the Industrial liquid coating market. Government regulation regarding emission of VOCs in solvent based coating restrain the industrial liquid coating market. Epoxy resin occupied one third share of

Bioplastics Market

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Bioplastics Market is expected to reach USD 96 Billion by 2026 from 21 Billion in 2017 at a CAGR of 18.4% during the forecast period. Bioplastics are obtained by renovating the plants sugar into plastic. Bioplastic is maintainable and good for environment compared to conventional plastics. Though, technical difficulties level is more but Bioplastics are widely used in the production of rigid packaging, flexible packaging, textile, agriculture, & horticulture, consumer goods, automotive, electronics, building & construction. Bioplastics is used as sustainable solution owing to low emission of greenhouse gasses. Factors which drive the Bioplastics Market growth are eco-friendly properties, rise in customer awareness, development in environmental Problems, & constructive government plans. However, high production rate & lower performance standards compared to synthetic plastics restrain the Bioplastics Market growth. Bioplastics Market is segmented by Type, Application

Industrial Emission Control Systems Market

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Industrial Emission Control Systems Market is estimated to reach US$ XX Mn by 2026 in terms of revenue at CAGR of XX % in the forecast period. Environmental concerns due to rapid industrialization along with the looming threat of global warming are posing serious issues for the development of a sustainable future. Global warming has become the focal point of global geopolitics. Industries across the globe have been working towards implementing emission control systems to adhere to the stringent regulations pertaining to the emission of harmful wastages that have a negative impact on the environment. Predominantly industries emit pollutants which include toxic materials such as NOx, Sox, VOCs, and particulate matter amongst other pollutants which are extremely harmful to the environment. A high proportion of these pollutants has led to serious health concerns as well. Emission control systems are extremely critical for the industries and selection of suitable devices lies at the helm

Solar Street Lighting Market

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Solar Street Lighting Market was valued US$ 2.8 Bn in 2017 and is estimated to reach US$ 18.23 Bn by 2026 at a CAGR of about 23.34% in the forecast period of 2018-2026. Solar Street Lighting Market size will witness strong growth because of global commitment towards climate change mitigation along with aggressive government reforms toward sustainable development. Increasing public and private funding through numerous investments, schemes coupled with the introduction of long-term government programs to electrify off-grid areas will positively influence the market. For instance, in 2017, ENGIE in partnership with Electric Vine Industries announced an investment of over USD 200 million for the deployment of solar microgrids across Indonesia. Rising demand for sustainable energy along with the growth potential of solar technologies will foster the Solar Street Lighting Market growth. Declining component cost because of financial leveraging, growing manufacturing facilities and improvin

Global Construction Chemicals Market

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Global Construction Chemicals Market accounted for US$ 22Bn in 2017 is expected to reach US$ 44.71Bn by 2026 at a CAGR of 9.27% over the forecast period. The driving factor for the Construction Chemicals Market are due to Rising strong demand for construction chemicals, including concrete and cement admixtures, waterproofing chemicals, rise in growth of emerging economies and governments are investing heavily in infrastructure and housing development will be factor of growth in construction chemical market. Lack of awareness and high investment in the product will be the restrains for Construction Chemicals Market. Global Construction Chemicals Market is segmented into the type, end user and geography. In terms of Type, Concrete Admixtures will be in higher demand due to rising in blending for high workability, high strength and durability, watertight, wear resistant, and high finish. Rising residential complexes and buildings are in high growth at global for perennial urbanizati

Global Smart Parking System Market

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Global Smart Parking System Market was valued US$5.001 Bn in 2017 and is estimated to reach US$11.60 Bn by 2026 at a CAGR of 11.2% . The report Global Smart Parking System Market based on solution type, parking sites, application, and region. In terms of solution type, the Global Smart Parking System Market is classified into hardware, software, and services. Based on parking system, the smart parking system market is divided into off- street, and on- street. On the basis application, the Global Smart Parking System Market is categorized into transportation, government facilities, and commercial area. Region wise into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The adoption of smart parking systems involves the use of low-cost sensors and mobile phone-enabled automated payment systems. With the growing number of hospitals, shopping complexes and corporate hubs, the demand for smart parking systems is rising. Another prominent factor driving the