Thursday, January 31, 2019

Automotive After Market Base estimates & CAGR calculation by 2025

31 Jan 2019 - The global Automotive After Market valuation is expected to cross USD 486.36 billion by 2025. Automotive after market is driven by factors such as rise in buyers’ awareness regarding routine maintenance, convenience, and safety along with add-on services such as internal and external accessories and exhaust components. In addition, change in lifestyle and the need for commuting long distance travels leads in average distance driven per vehicle. The market witnesses numerous opportunities in form of availability of variants for spare parts and accessories. Automotive after market, however, encounters negative setback in form of stringent policies by government, dearth of labor, and loopholes in record retrieving systems for older vehicles.

automotive after market

Automotive industry is enormous in Western Europe, Eastern Europe, Russia, China, and India. The market is witnessing significant changes along with growing importance not only for brand new cars but also in the after market domain. Customers’ expectation, technological growth, automotive suppliers, and shifts in competitive power help in revamping and development of automotive aftermarket. Emerging markets seem to create new needs for after market industry and simultaneously, the market players may encounter challenges such as rising pace of consolidation, particularly in European counterparts and U.S. On the other hand, automotive suppliers operate in a highly stable environment to face a new type of competitive pressure from other players at alternate stages of after market value chain. Market trends such as major shifts in after market industry coupled with technological upgrade at periodic intervals prove to be game-changing factors for major players to maintain a strong market position.

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The automotive after market segmentation includes product, replacement, distribution channel, sales outlet and geography. Replacement type comprises tire, battery, brake parts, filters, lighting, electronic components and body parts. Tire segment is expected to account for higher growth in the forecast period. Distribution channel segmentation includes retailers and wholesalers. Retailers segment would account for dominant position in the forthcoming period.

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Geographical segmentation for automotive after market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American automotive after market is driven by factors such as rise in advanced technology for fabrication of auto parts and upsurge in automobile production leading to rise in sales. South American market expects to gain a higher CAGR owing to rise in accumulation of older vehicles resulting in repair and service. Asia-Pacific’s automotive after market expectsto gain a positive traction owing to rise in automotive developments and use of digital technology for automotive. In addition, wide presence of automotive manufacturers coupled with favorable policies is contributing to the market growth. Rise in disposable income coupled with increased spending capacity is likely to add to the market growth in the forthcoming period.
European automotive after market is expected to witness a substantial growth in the forthcoming period due to rise in infrastructural development coupled with stringent policies by government along with rise in foreign investments. Middle East and African regions are likely to gain a higher growth in the forthcoming period due to growth in foreign investments, rise in vehicle population along with favorable policies by government. The key players in the automotive after market include 3M Company, Delphi Automotive PLC, Denso Corporation, Continental AG, Federal-Mogul Corporation, Magneti Marelli S.p.A, and Robert Bosch GmbH.

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Artificial Pancreas Device System Market Dynamics And Demand In Emerging Regions by 2024

31 Jan 2019 - The global Artificial Pancreas Device System Market size is expected to value USD 390.4 million by 2024, during the forecast period. The artificial pancreas device system industry is subject to witness a substantial growth due to growing occurrence of heart-related diseases such as diabetes, extensive research and development efforts by market players, and growing need for advanced electronic systems in healthcare sector such as glycemic control. Artificial pancreas device system allows easy monitoring of the blood-glucose level in case of facilitates diabetes management. Globally, the artificial pancreas device system market is predicted to grow at a CAGR of 20.2% in forecast period, providing numerous opportunities for market players to invest in research and development.

artificial pancreas device system market

The growing occurrence of diabetes in both - developing and developed economies is attributed to changing food patterns, inherited diseases, obesity, physical inactivity and high calorie diet, all leading to the growth of the artificial pancreas device system industry in recent years. Moreover, the patient’s over-dependency on insulin, mainly in type 2 diabetes is key factor for growing demand for artificial pancreas device system. Other factors such as rise in the awareness among the patient sab out treatment of diabetes and numerous opportunities for collaboration between FDA and privately-owned institutions are propelling growth of the artificial pancreas device system industry in the forecast period. Though, unavailability of highly skilled healthcare professionals in underdeveloped countries in African and South American regions is likely to hamper the growth of the market.
The pancreas is a part of the human-body that is responsible for production of multiple hormones such as insulin and glucagon, along with a few digestive enzymes to allow proper digestion of food items. Insulin allows body cells to acquire glucose from the blood providing essential energy for their functioning, at the same time lowering blood glucose levels. While, glucagon secreted by pancreases is responsible for releasing glucose that is stored in the liver, raising overall blood glucose levels.

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Type 1 diabetes commonly arises due to lower or almost negligible production of insulin that is needed to regulate blood glucose level in the body. While, in type 2 diabetes production insulin or already present insulin is resisted by body itself, causing adverse effects. The artificial pancreas device system is responsible for closely monitoring the glucose level by mimicking functionality of a healthy pancreas. The common type of the artificial pancreas device system utilized by number of diabetes patients these days are a constant glucose monitoring (CGM) devices and an insulin infusion pump.

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Special types of devices are used such as a blood glucose devices or glucose meters to regulate the constant glucose monitoring (CGM) system. A computerized system is implemented in order to manage constant glucose monitoring (CGM) and insulin infusion pump, providing consistent communication between the two devices. An artificial pancreas device system is also termed as a closed-loop system or an automated insulin delivery system. The artificial pancreas device systems manage glucose level in blood, while regulating or automatically changing the production of insulin in blood to decrease high blood glucose levels such as hyperglycemia. The artificial pancreas device system also monitors and regulate low blood sugar level as required.

The artificial pancreas device system market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise adoption of latest technologies in healthcare sector and existence well-established healthcare infrastructure. Asia-Pacific region is predicted to hold the major market share in the artificial pancreas device system industry with massive growth in the forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with the changing food habits, genetic modification, and growing elderly population. The key players in the artificial pancreas device system market are Bigfoot Biomedical Co., Johnson & Johnson Inc., Tandem Diabetes Care Incorporations, Pancreum, Incorporations, TypeZero Technologies, and Beta Bionics, Inc.

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Local Anesthesia Drugs Market Raw Material Analysis & Product Overview by 2025

31 Jan 2019 - The Global Local Anesthesia Drugs Market is predicted to reach USD 6.45 billion by 2025 owing to the increasing number of surgeries across the world. Anesthesia is a medical procedure that reduces or prevents the pain during surgery or other painful medical processes. It encourages the loss of awareness or sensation to the patient, which in a way help the surgeons to carry the entire surgery. An anesthesia is a drug that prevents pain during a medical operation. The anesthesia type used for any surgery is determined by different factors like length and type of the surgery, patient health and preference of the surgeon doctor and patient. The local anesthesia drugs market is expected to grow at a CAGR of 3.7% in the years to come.

local anesthesia drugs market

The three types of anesthesia drugs are local anesthesia, general anesthesia and regional anesthesia. Long anesthesia is injected in the tissue to numb the particular body location for minor operation. In general anesthesia, the patient is completely unconscious and feels no sense in the body and regional anesthesia comprises an injection near the cluster of nerves to make the body part numb, where the patient may or may not be conscious). The popular drugs in local anesthetics is chemically differentiated as Ester linked Local Anesthetics like Procaine, Cocaine, Tetracaine, Chloroprocaine, benzocaine, etc. and Amide linked Local anesthetics such as Bupivacaine, Lidocaine, prilocaine, dibucaine, ropivacaine, etc.

The growing number of surgeries across the world along with cosmetic surgeries, plastic surgeries and dental surgeries are the driving factors for the rise of local anesthetics. A substantial increase is observed in the rising number of surgeries that require post-operative pain relief and is predicted to grow continuously in the forecast period. At present, the growing number of medical surgeries require solution against post-operative pain, which is again expected to boost the Local Anesthesia Drugs Market.

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The emergence of modern and effective drugs like articaine, levobupivacaine and ropivacaine are also contributing majorly in the market growth in different regions of the world. The increasing healthcare expenditure in the emerging economies like China, India and Brazil is projected to give a rise in the surgeries performed, which stimulates the market growth.

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The general anesthetic drugs comes with different side-effects like vomiting, dry mouth, nausea, shivering, aches in muscles, sore throat, itching, mild hoarseness, disorientation and sleepiness. Some severe complications comprise cognitive dysfunction, malignant hyperthermia and delirium. A patient might also experience psychological changes such as blood pressure disparities, which should be seriously to be taken care of by the physician. If such patient’s condition is taken lightly by the anesthesian, he might face potential risks. The regulatory issues that are imposed by the government are also restricting the growth of market.

The Local Anastasia Drug Market is categorized on the basis of product type that include Local Anesthesia, General Anesthesia and Regional Anesthesia. On the basis of drugs type, the market is categorized into General Anesthesia, Local Anesthesia, etc. On the basis of Route of administration, the market is categorized into intravenous, inhalation, etc. Geographically, the Market is largely dominated by North America which is also believed to be the prominent market for the product. Europe stands next to North America with growing market. Conversely, Asia-Pacific market is also said to grow significantly in the coming years while, the rest regions remain to grow steadily. Some of the finest players in the Local Anastasia Drug Industry can be named as Astrazeneca PLC, Abbott Laboratories, F. Hoffmann-La Roche Ltd., Hikma Pharmaceuticals PLC, Baxter International Inc., Hospira, Inc., AbbVie Inc., Fresenius Se & Co. Kgaa.

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Laparotomy Sponge Market Segmentation & Growth Prospect Mapping|2025

31 Jan 2019 - The global Laparotomy Sponge Market size is anticipated to reach USD 1.4 billion by 2025. Market is subject to witness a substantial growth in upcoming years due to the ever changing lifestyles, and rising occurrence of abdominal diseases. Further, surging cases of cesarean section deliveries across the globe are influencing the market growth. The laparotomy sponge market is expected to grow at a CAGR of 7.6% during the forecast period. Rising cases of abdominal diseases in geriatric population, leading to frequent need for surgeries is triggering the market growth in the forecast period. Other diseases such as hernia, large bowel obstruction, pancreatitis, and peptic ulcer disease in geriatric population are responsible for frequent visits to the emergency rooms, ultimately propelling growth of the laparotomy sponges market in recent years.

laparotomy sponge market

Additionally, growing number of cesarean section deliveries attributed to the factors such as variations in maternal characteristics, financial, communal, and organizational pressures and in few cases errors by healthcare professional. Although, concerns regarding retained surgical item (RSI) that is any form of surgical product similar to a sponge, tool, or an instrument remained inside of the body after the surgery following the completely closing of a wound, is considered as a critical threat to the patient health condition. Most of the times, surgical sponges are probable items retained items after the surgery. Such cases related to retained surgical item (RSI) are restraining the market growth in recent years. Various techniques are deployed for avoiding such incidences such as manual counting, X-ray detection, integration of RFID in laparotomy sponges, and barcode detection. A laparotomy sponge acts as an absorbent swab that is implemented in clinical processes during operation on the abdominal region. Laparotomy sponge are used in numerous application typically in surgical instruments while preparing an emergency room for a surgery. Production of laparotomy sponge involves both sterilized and non-sterilized packages, providing enough choice to the experts as per the requirement.

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The laparotomy sponge commonly found in variable size and shapes. Special care has to be taken for avoiding mistakes or accidents in case of leaving behind laparotomy sponges during surgical procedures.

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A laparotomy sponge majorly includes absorbent cotton to soak up liquids before washing it completely. A laparotomy sponge is capable of soaking various fluids such as blood and abdominal liquids during surgical procedure, allowing clean and clear surgical area for the surgeon. Along with the use of suction instruments, the laparotomy sponges keep the area of surgery as dry as possible, providing necessary clarity of the area of interest to perform the procedure efficiently. Laparotomy sponges are further used for applying pressure on the area of interest for distributing pressure in order to stop excess of bleeding. Application of the laparotomy sponge further extend to the retaining moisture on a given area of surgical site and used as soaked sponge for cleaning purpose. A laparotomy sponge with help of sterile water or saline that helps to diminishing formations from the surgical area. Dampened sponges are also used for manual removal to deliver some form of traction on the tissue for easy grip without harming it with the use of dry cotton. The surgeon uses a soaked laparotomy sponge manually for griping and removing the tissue or organ easily. Laparotomy sponge are becoming more vital components of surgical instruments due to their wide range applications and helping numerous market ventures from key players in the market.

The laparotomy sponge market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the presence of large geriatric population and critical importance to the use of surgical instruments. Asia-Pacific’s market is predicted to hold higher share in the laparotomy sponges market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with growing penetration of laparotomy in healthcare sector and generating substantial investment by market players due to potential opportunities in the region. The key players in the laparotomy sponges industry are Medtronic Plc, Derma Sciences Incorporations, Medical Action Industries Incorporations, Stryker Co., and Premier Enterprises.

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Intrapartum Monitoring Devices Market Product Estimates & Trend Analysis by 2025

31 Jan 2019 - The Intrapartum Monitoring Devices Market is expected to reach USD 2.83 billion by 2025. The global market is expected to gain a higher CAGR in the forthcoming period. Intrapartum monitoring devices market is driven by factors such as rising prevalence of obesity coupled with precarious obstetric care. In addition, rising cases of premature births, enhanced life expectancy, and technological advancements are likely to contribute to the market growth in the forthcoming period. The market witnesses several opportunities in form of intrapartum care facilities, ease of access, and affordability. However, low awareness, significant costs, dearth of medical professionals, health issues pertaining to maternity care services, rise in mortality rate of premature babies due to unmet medical needs are likely to create hindrance in the market during the forecast period.

intrapartum monitoring devices market

In the cases of delivery, labor pains can prove severe for baby as well as mother. For instance, if the mother has heart conditions or any other health anomaly, then monitoring during labor is crucial and needs special attention. Monitoring mother’s heart rate is crucial and contractions can become much high or low or even going above and below normal values. Apart, intrapartum devices are useful to detect any early signs of anomalies for future diagnosis. For instance, a tocodynamometer is a medical device used to measure regularity and period of uterine contractions. A fetal heart rate monitor is a medical device used to monitor heart rate of the fetus. According to WHO, more than 15.0 billion infants face premature births with multiple causes like high blood pressure, infections, and early labor pain.

Market is trifurcated into product, device, and geography. “Device” type dominates the Intrapartum monitoring devices market growth due to rising use of electrodes and frequent purchase. “Monitors” segment is likely to outgrow in the forthcoming period, standing second to electrodes.

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Geographical segmentation for intrapartum monitoring device market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market with reasons such as rising prevalence of diabetes and obesity. Governments’ initiatives pertaining to awareness regarding premature birth with highly developed healthcare infrastructure and availability of monitoring test options are likely to fuel the North American market in the forthcoming period.

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European market is likely to gain a strong CAGR in the forthcoming period due to change in lifestyles and growing population. European health commission emphasizes enhanced maternal care that helps in reducing maternal mortality rate and infant mortality. Asia-Pacific’s market is expected to gain a higher competitive edge owing to rising demand for improved maternal care and rise in premature birth difficulties. Large patient pool and government to stress on maternal care solutions are fuelling the market growth. In addition, rising initiatives by the governments to increase health awareness and deliver improved maternity conditions is likely to contribute to the growth of intrapartum monitoring devices market. Middle Eastern market is likely to gain a positive traction in the forthcoming period due to rise in fetal care treatment and improved healthcare infrastructure for neonates is likely to add to the intrapartum monitoring devices market growth. Other factors such as rapid growth rate for premature deliveries and population explosion are fuelling the Middle Eastern market.

African intrapartum monitoring devices industry is expected to witness a moderate growth in the forecast period on account of developing healthcare infrastructure, less support regarding health awareness by government pertaining to uncontrolled births, rise in health instability due to less accessibility to treatment and diagnosis. However, activists and NGOs are likely to create favourable healthcare conditions and awareness, which may result in positive progress to regulate uncontrolled birth rate. The key players in the intrapartum monitoring device industry include Analogic Corporation, Allen Medical Instruments Corporation, Med-Electronics Inc, Paramed Medical Systems, Huntleigh Sonicaid, Natus Medical Inc, and Terason Ultrasound.

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Wednesday, January 30, 2019

Industrial Wireless Sensor Network (IWSN) Market Value Chain Analysis & Product Overview by 2025

30 Jan 2019 - The Global Industrial Wireless Sensor Network (IWSN) Market is estimated to reach USD 8.67 billion by 2025 due to the growing popularity of Industrial Wireless Sensor Network in various industries. These industries comprise healthcare, manufacturing, oil & gas, automotive, etc. The Industrial Wireless Sensor Network (IWSN) market is expected to grow at 14.5% CAGR in the forecast period. Industrial Wireless Sensor Network is the network of distributed sensing platform with wireless communication. The Industrial Wireless Sensor Network is deployed in the remote areas and makes use of wireless technology to transfer signals to the control room. Moreover, the system can be managed, troubleshot and supervised remotely.

industrial wireless sensor network (iwsn) market

The Industrial Wireless Sensor Network have extensively captured a larger part of different industries. The multiple applications of sensors have raised the economies of scale and their efficiencies. Ultimately, this reduces price and further promotes the acceptance of sensor networks for varied uses. Across the globe, several industries are widely adopting sensor networks to supervise different processes. These wireless sensor networks are located according to the sensing platforms with controlling capabilities and wireless communication. Besides, the Industrial Wireless Sensor Networks can also be positioned quickly, with improved data security & privacy concerns that is used in the industrial sectors in developing countries. Presently, due to the significant advantages of wireless solutions, the wireless sensors are largely replacing the existing wire sensor networks. Industrial Wireless Sensor Network solutions present remarkable (ROI) Return on Investment for industrial uses. The positioning of Industrial Wireless Sensor Networks lead to savings of material, labor and energy. It also improves the respected process through superior thorough monitoring. Moreover, wireless network also are compatible with the smartphones and work proficiently with the emerging (BYOD) Bring Your Own Device technology.

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The enhanced technology allows the system and network operators to remotely obtain data and maintain systems instead of frequent travel. The Industrial Wireless Sensor Network works exceptionally well for the dangerous and risky areas like chemicals and mining.

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The Industrial Wireless Sensor Network Market is projected to grow considerably with the rising demand from different industries to improve their processes efficiencies and position the networks quickly. The other benefits of Industrial Wireless Sensor Network are application-specific and easy to use nature which contributes in the market growth. A major challenge that restricts the growth of IWSN Market is the accessibility of numerous wireless communication regulations leading to reduced interoperability among different sensor networks. Moreover, in the previous years, the acceptance of standard communication protocols boosts the adoption of wireless sensor network in different industries. Industrial Wireless Sensor Network is a major part of industrial automation and is also applicable for monitoring events and periodic data collection.

The Industrial Wireless Sensor Network is categorized on the grounds of sensor into temperature sensor, pressure sensor, image & surveillance sensor, flow sensors, level sensors, chemical & gas sensors, motion & position sensor, humidity sensor etc. and technology and geography. On the grounds of application, the market is divided as oil & gas, power & energy, food & beverages, automotive, metal & mining, water & waste water, and pharmaceuticals. Geographically, the market is divided into Europe, North America, Middle East & Africa, Asia Pacific, and South America. The eminent market players in the Industrial Wireless Sensor Network Industry are ABB Ltd., Emersion Electric, STMicroelectronics, Endress+Hauser AG, Linear Technology Corporation, Honeywell International Inc., Texas Instruments, Inc., Siemens AG, and NXP Semiconductors, Schneider Electric.

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Dietary Supplements Market Dynamics And Demand In Emerging Regions by 2024

30 Jan 2019 - Global Dietary Supplements Market is expected to reach USD 278.02 billion by 2024, at a CAGR of 9.6% as the scope, product types, and its applications are increasing across the globe. A dietary supplement is planned in order to provide the necessary nutrients to the body which may otherwise not be consumed in adequate amount. Dietary Supplements come in several forms such as pills, powders, drinks, energy bars, capsules, etc. Dietary Supplements generally consist of proteins, vitamins, fatty acids, fibers, etc. However, in some circumstances dietary supplements may have risks.

dietary supplements market

There are a number of factors that propel the growth of the global Dietary Supplements Market such as increasing awareness regarding the advantages of dietary supplements, maintenance of health, changing lifestyles, medical conditions, doctor recommendations, and rapid innovation in products. On the other hand, there are also factors that hamper the growth of the market, such as lack of awareness regarding the amount of the supplements and negative publicity & incorrect product claim. Additionally, there are also adverse effects. For instance, consumption of excess amount of Vitamin A as a supplement may cause liver damage, headaches, etc. Large doses of minerals and vitamins may cause nerve damage, nauseas, weight loss, etc. Market may be explored by ingredient type, forms, product, applications, end users, distribution channel, and geography. Dietary Supplements may be explored by ingredient type as Botanicals, Minerals, Vitamins, Amino Acids, Enzymes, and Others. The other ingredients may consist of extracts, concentrate metabolite, etc. In case of ingredients, vitamins were extensively used and held a major share of the dietary supplements market.

Dietary Supplements may be explored by form as powder, liquid and pills or soft gel. The pills or soft gel comprise of two classes the pharmaceutical products and confectionary products. The pharmaceutical products consist of chewable pills, pills and gel caps.

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The confectionary products consist of gummies, chews and others. Dietary Supplements may be explored by product as Tablets, Gel Caps, Capsules, Liquids, Powder, and Soft Gels. Dietary supplements market may be explored by applications as Additional Dietary Supplements, Medicinal Dietary Supplements, and Sports Nutrition and other specific requirement (anti allergies, beauty supplements, etc.

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Market may be explored by end users as Infants, Adults, Children, Old-Aged and Pregnant Women. Amongst the end user segment, adults accounted for the major share of the market. The factors that attribute to the growth of this sector is the growing use of multivitamin tablets in order to keep up a healthy lifestyle. Dietary Supplement industry may be explored by end users as pharmacies, health & beauty stores, hypermarket & supermarket, internet and direct selling. Asia-Pacific has been at the forefront with regards to Dietary Supplement Market and will continue to rule the roost in the years to come. The factors that attribute to the growth of Asia Pacific market include rising population, increasing disposable income, etc. Some of the key players that fuel the growth of the Dietary Supplements Industry include BASF SE, Herblife International, Glanbia Plc, Royal DSM N.V., E. I. DU PONT DE NEMOURS AND COMPANY, Abbott Laboratories, Bayer AG, NBTY Inc., and GlaxoSmithKline Limited, Amway Enterprises. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Cyber Warfare Market Raw material & Technological Overview 2025

30 Jan 2019 - The Cyber Warfare Market is expected to reach USD 91.75 billion by 2025. The global cyber warfare market is expected to gain a significant CAGR in the forthcoming period. The market is driven by factors such as rising number of cyber-attacks and organizations’ emphasis on information technology pertaining to data safety and sensitivity of digital data possessing intellectual properties. In addition, the market is expected to grow owing to safety policies for data protection against cyber-attackers, hackers, and network intruders. Cyber warfare by national defense forces is gaining huge traction from a national security objective.

cyber warfare market

Cyber warfare comprises units deployed around nations for offensive and defensive operations that enable computers to attack or networks via electronic means. Hackers and software professionals with a zeal for software programming who have exploited the complicacies in computer networks tend to execute the cyberattacks. These individuals operate under patronage and possibly with the help of nation-state constituents. Subsequently, cyberspace disruption capacities have emphasized on nation’s terrorism and the rise in cyberattacks such as violation against digital infrastructure and network infiltration within industries and defense sector have compelled the government reform digital policies and concentrate significantly on cyberspace susceptibilities. “Government application” section is expected to account for a 19.1% CAGR in the forecast period whereas the corporate application segment would see 19.8% in the forecast period. Defense application segment is expected to account for USD 27.94 billion by 2025. The market is trifurcated into application, mode of use, and geography. Under application, defense sector accounts for a major share owing to exposure to cyber risks and potential cyber threats. The defense sector is embracing IoT and new technologies pertaining to data security.

Geographical segmentation for cyber warfare market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America market is likely to lead in the global scenario due to high-level network infrastructure and presence of chip manufacturers.

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In addition, North America witnesses rise in cyber defense budget, government policies and emphasizing cyber security approaches. With the development of significant framework for cyber security within military, defense and government agencies are further strengthening the North American market.

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European market is likely to gain a huge traction with an objective to streamline cyber activities and stringent government policies for cyber laws. Chip-based technology is another factor responsible for the market growth during the forthcoming period. Asia-Pacific’s cyber warfare market is anticipated to rise at a huge CAGR in the forthcoming period as APAC sectors offer untapped potential opportunities for growth of cyber warfare application particularly due to government regulations ensuring robust defense and increasing economic independence. Budget allocation for cyber security in defense sector is likely to fuel the APAC market growth. Middle Eastern cyber warfare market is estimated to witness a constant rise in the near future due to continuous rise in Internet users with specific applications such as smartphones, laptops, notebooks and other smart devices. Rise in private investments is adding to the market growth. Government policies are crucial in shaping the market growth coupled with partnerships and collaborations.

African cyber warfare industry is expected to rise at a higher CAGR in the forthcoming period owing to adoption towards data technologies for retrieval, storage, and analysis. Data distribution being a major part of information technology enables new corridors for African market. In order to stop major cyber breaches originating in the African continent, the government have made crucial amendment in policies for data security and sharing. However, lack of contingency and IT infrastructure possibly deteriorates the African market. The key players in the cyber warfare industry include BAE System PLC, Boeing, Lockheed Martin Corporation, General Dynamic Corporation and Raytheon Company.

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Citric Acid Market Segmentation And Growth Prospect Mapping|2025

30 Jan 2019 - Global Citric Acid Market is expected to reach USD 3.83 billion at a significant CAGR of 4.9% by 2025 as the scope and its applications are rising enormously across the globe. Citric acid is also termed as anhydrous citric acid or citrate or 2-hydroxypropane-1,2,3-tricarboxylic acid, with a molecular formula C6H8O7. These are odorless, colorless & translucent crystals with an acid taste and are denser than water. Its molecular weight is 192.123 g/mol. It is an organic acid compound found in citrus fruits and plays important role in metabolism to create energy.

citric acid market

It has a calcium chelating ability and is exclusively used as anticoagulants. It is soluble in ether and very soluble in water, whereas freely soluble in ethanol. It is usually found in fruits like oranges, lemons, pineapples, limes, and grapefruit. More commonly added to various foods and beverages for flavor or as a preservative. It is also known by sour salt or lemon salt. Citric acid reduces the hardness of water and helps in the foam formation, rising use for descaling of mineral deposits, and exclusively used to remove dirt spots and grime from the surfaces and fabrics, are documented as major factors of Citric Acid Market that are estimated to enhance the growth in the years to come. Rising popularity of organic food additives and is biodegradable, non-corrosive, and non-toxic in nature are the other factors that boost overall market growth in the coming years.

Citric Acid Market is segmented based on types, form, application, and region. Food grade citric acid, citric acid solvents, and pharmaceutical citric acid are the main types that could be explored in Citric Acid in the future period. Powder citric acid and liquid citric acid are the major forms that could be explored in Citric Acid in the forecast period. In 2016, powder sector accounted for the largest market share of 63.3% in terms of revenue. However, liquid segment is estimated to grow at highest CAGR in the foremost period. This may be because of its beneficial properties in a food and dairy products.

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Moreover, it is exclusively used in oil industry as an oil control additive for maintaining the pH and chelating acidizing fluids.

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The market may be categorized based on applications like food & beverages, pharmaceutical, and others. In 2016, food & beverage sector lead the overall market with the largest share of 57.9% in terms of volume. Also, the sector is estimated to grow at highest CAGR between 2017 to 2025. The reason behind the growth could be high demand for dietary supplements and ice creams, exclusively used to form salt derivatives of metals and minerals in pharmaceuticals, and highly used to control the pH value in medicines. However, other segment includes textiles, detergents & cleansers, animal feed, and cosmetics. Globally, North America accounts for the largest market share of Citric Acid and is estimated to lead the overall market in the coming years. In North America approx. 65 to 70, million people suffer from digestive system problems stated by WHO. Inversely, this led to high demand for digestive citric acid-based pharmaceuticals and food & beverages in the region. German Nutrition Society (DGE) stated that, rising awareness amongst European consumers regarding citric acid for maintaining health. In 2016, this is increased to 49% from 44% in 2015. Moreover, the people consuming citric acid-based yogurt to maintain digestive health has been raised.

However, in Middle East, growing awareness regarding citric acid-based food and beverages and pharmaceuticals is compelling the market growth in the region. This may be because of rising number of major manufacturers in the region to increase their impression. Moreover, Asia Pacific is estimated to grow at fastest pace in the future period. Also, estimated to grow at highest CAGR in the coming years. The aspects that may be ascribed to the growth comprise occurrence of lifestyle diseases like gut-health related issues, cardiovascular disease, and mental health problems and growing geriatric population. The key players of Citric Acid Industry are Danisco A/S, Kenko Corporation, Tate & Lyle plc, and Archer Daniels Midland (ADM) Company. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Cardiac Rhythm Management (CRM) Devices Market Product Base Estimates & Growing Trends by 2025

30 Jan 2019 - The global Cardiac Rhythm Management (CRM) Devices Market size is projected to reach at USD 32.4 billion by 2025. The CRM devices market is subject to witness substantial growth due to numerous awareness programs and schemes by regional governments in emerging and developed economies. Growing occurrence of cardiovascular diseases (CVDs), supportive legislative policies, and critical advancements in technology are attributing to the progress of the market in forecast period. Though, initial cost associated with implementation of cardiac rhythm management (CRM) devices and lack of awareness in rural parts across the globe are limiting the market expansion of cardiac rhythm management (CRM) devices market. The CRM devices market is expected to grow at a 7.8% CAGR during the forecast period.

cardiac rhythm management (crm) devices market

Cardiac rhythm management (CRM) devices are considered as most viable option for the treatment for the patients suffering through diseases like arrhythmias. The recent advancement in cardiac resynchronization therapies (CRTs) and devices are driving the market growth. Alongside, the rising use of the implantable cardioverter-defibrillators (ICDs) and its applications alongside their integration with pacemakers in order to improve the product’s life cycle are playing crucial part for treatment of heart diseases. The progress of the cardiac rhythm management (CRM) devices industry is also attributed to the factors such as need for external defibrillators due to growing awareness of its use and increasing occurrence of diseases related to the sudden cardiac arrest (SCA). Cardiac rhythm management (CRM) is a procedure that involves the treatment of arrhythmias (heart rhythm disorders). Arrhythmias are responsible for causing number of problems for patients, such as palpitations, anxiety and dizziness, that may lead to blackouts and cardiac arrest as well. The cardiac rhythm management (CRM) term is loosely based on treatments involving implanted electronic devices similar to pacemakers and defibrillators.

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Cardiac rhythm management (CRM) devices are mainly classified into three common types such as pacemakers, implantable cardioverter defibrillator (ICD) and cardiac resynchronization therapy (CRT). Pacemakers are used for the treatment of slow heart rates or attacks in dire situation where heart stop functioning, leading to dizziness, blackouts, or even death. They provide small amount of electrical impulses that may trigger the heartbeat.

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The other type of cardiac rhythm management (CRM) devices such as implantable cardioverter defibrillator (ICD) is implemented in case of sudden cardiac arrests because of the faster or chaotic beating in the central pumping chamber i.e. ventricular tachycardia. In such scenarios, implantable cardioverter defibrillator (ICD) creates a shockwave in order to restore the normal heart rhythm, the shock is created automatically within seconds. The use of cardiac resynchronization therapy (CRT) devices allows proper functioning of poorly coordinated ventricles such as central pumping chambers that can lead to heart failure. CRT devices are responsible for pacing the left ventricle involving central pumping chamber from both side of the ventricles. This provides relaxation for patients from symptoms and boosts their morality.

The use of ICDs and CRT devices offers immediate and long-term solution in comparison with the bradycardia pacemakers. Implanting both CRT and ICD devices on patients is vital for successful treatment. The applications of these devices aids to amplify the health outcomes and ensures welfare for patients by designing devices to carry out the highly efficient therapy, at times evaluating and reducing system complications while utilizing precise device diagnostic data for successful treatment. The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise adoption of latest technologies in healthcare sector and existence well-established healthcare infrastructure. Asia-Pacific market is predicted to hold higher share in the cardiac rhythm management (CRM) devices market with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with growing penetration of health insurance in emerging economies and generating substantial investment by multinational market players due to potential opportunities in the region. The key players in the cardiac rhythm management (CRM) devices industry are Medtronic Ltd., BIOTRONIK Incorporations, Boston Scientific Co., St. Jude Medical Co., ZOLL Medical Co., and Philips N.V.

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Tuesday, January 29, 2019

Business Process as a Service (BPaaS) Market: Type Estimates & Company overview by 2025

29 Jan 2019 - The global Business Process As A Service (BPaaS) Market is expected to reach USD 72.25 billion by 2025. Factors such as lower time to market (TTM) rates and improved user experience are spurring the market growth in recent years. Applications of business process as a service (BPaaS) presents start to end provision for different business processes like management of user accounts, financial databases of an organization, human resource management, administration of financial funding, and customer-related services and support. Business process as a service (BPaaS) allows organizations to optimize financial expenditures while evaluating operational cost of a business, which is vital at each level of the business process.

business process as a service (bpaas) market

Application of business process as a service (BPaaS) are mainly found in large-scale organizations. However, it has slowly found its way in the small and medium-sized enterprises (SMEs) as well. Business process as a service (BPaaS) offers a systematic business operation to achieve higher efficiency in business processes. A dedicated team and allotted resources are deployed to accomplish higher performance in different business processes enables reduction in operational costs and decrease in overall cost of ownership. Such advantages are drawing numerous market players for the adoption of business process as a service (BPaaS) in their organizational structure. Business process as a service (BPaaS) caters to business process outsourcing (BPO) functionalities via cloud network. BPaaS is responsible for delivering differential business solution such as horizontal and vertical business services. In current scenarios, Major Corporation are considering adoption of service orientated methodologies to satisfy their business process outsourcing service requirement, which is serving as a key reason for integration of cloud services on a global scale. Organization are increasingly utilizing BPaaS platform to gain a competitive edge and helps organization to identifies themselves apart from their competitors. Business process as a service (BPaaS) is considered as core part of business process.

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A specialized cloud service model has to be successfully implemented to execute business process as a service (BPaaS), which is type of horizontal or vertical business module. Such cloud services have in-built functionalities of software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS), that are platform dependent services. Traditionally organizations were carrying out business process either manually or programmatically, allowing lower performance level, with the advent of business process as a service (BPaaS) is diminishing all the disadvantages associated with traditional systems.

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Occasionally, all of the business process in an outsourcing organization tend to execute business process by manually or with the use of the automation. The introduction of cloud computing, the approach towards service-oriented services is on the rise. A business process as a service (BPaaS) platform offers a complete package involving business logic, data and processes embedded into the specific process that is capable of performing multiple applications. BPaaS platform offers well-structured interfaces. In addition, a BPaaS provides a regulated and uniform service for various applications in number of organization. Such services are commonly optimized to supply a service on consistent basis while leveraging automated, structured, and reiteration for the way the services are implemented.

The BPaaS market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise implementation of latest technologies and existence well-established cloud infrastructure. Asia-Pacific region is predicted to hold major market share in the business process as a service (BPaaS) market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with escalating enterprise-level businesses and penetration of high-speed internet services providing numerous opportunities to the leading market players for potential investment. The key players in the business process as a service (BPaaS) industry are Accenture Co., Cognizant Technology Solutions, Cap Gemini S.A., Computer Science Co., and Fujitsu Ltd.

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Breast Pump Market Revenue, Value Chain Analysis & Share By Application, 2025

29 Jan 2019 - Global Breast Pump Market size is expected to reach USD 1.74 billion by 2025. Breast pump is generally used by working women to continue breastfeeding their babies while still at work. Also, breast pump is used by those mothers to stimulate lactation in case of low milk supply and when the baby is unable to suck milk due to some physical condition. Lactating mothers are becoming increasingly aware about the importance & benefits of breastfeeding. The breast pump market is expected to register a CAGR of 7.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

breast pump market

The increasing employment rate and favorable demographics are the main factors driving the market growth in the years to come. Additionally, governments’ initiatives such as the BFSI (Baby Friendly Hospital Initiative) are expected to drive the industry growth in the next couple of years. In the market, various types of breast pumps are available such as manual, electric breast pumps, and battery-powered. Electric breast pumps are identified as the most lucrative segment in the market and expected to hold the largest market share during the forecast period due to their greater efficiency in terms of comfort and user-friendliness. Applications such as personal use and hospital grade could be explored in breast pump industry. The “hospital grade” devices are expected to hold the highest market share in the years to come due to the presence of large number of hospitals and increasing global birth rate. Electric breast pumps for “personal use” are expected to grow at a high CAGR in the upcoming period due to growing number of working mothers and rising healthcare expenditure.
The factors that play an important role in the growth of breast pump market include increasing demand, growing population, increasing urbanization & industrialization, growing working women, changing lifestyle, increasing patient disposable income, rising awareness about the breast pump, technological advancements such as introduction of hands-free breast pumps, favorable change in reimbursement policies, rising birth rates in emerging countries, and growing healthcare industry.

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Moreover, increasing healthcare expenditure and improving healthcare infrastructure in developing economies are anticipated to boost the market growth in the upcoming period. However, high cost of breast pumps along with low awareness, risk & side effects related to breast pumps are negatively impacting the growth of breast pump industry.

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The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product, technology, application and geography. The market is classified into product such as closed system and open system. The “closed system” segment dominated the overall market share in terms of revenue in 2016 due to their higher prices and increasing usage rates. This segment is expected to hold the large market share in the next couple of years because it offers a more hygienic milk collection mechanism. North America has been at the forefront with regards to breast pump market and will continue to rule the roost in the years to come. The growing working mothers, increasing awareness about breastfeeding, changing lifestyle, favorable reimbursement policies and increasing population are major factor driving the growth of market in this region. On the other hand, Asia Pacific is expected to grow at the higher CAGR in the next couple of years owing to the increasing healthcare expenditure, rapid economic development, growing awareness levels and rapidly increasing working women.

The key players contributing to the robust development of the breast pump industry include Medela Inc., Philips Avent, Bailey Medical Engineering, Ameda Breastfeeding Solutions, Chicco, Hygeia Medical Group, MAM, Evenflo Feeding, Pigeon Corporation, Mayborn, Whittlestone, Spectra Baby, Albert Manufacturing USA, Linco Baby Merchandise Works Co., Whittlestone Inc. and Lansinoh Laboratories. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Brain Implants Market - Competitive Landscape & Base Estimates by 2025

29 Jan 2019 - Global Brain Implants Market size is expected to reach USD 8.29 billion by 2025 as the scope and its applications are rising enormously across the globe. Brain implants is also termed as neural implants, are mechanical systems that are usually used to invigorate structures and parts of the nervous system with the help of the record the electrical activity of nerve cells or implanted electrical circuitry. These devices are attached to the brain cortex or placed on the surface of the brain. Brain Implants Market size is expected to grow at a CAGR of 11.9%.

brain implants market

This mechanical system enhances memory, senses, and physical movement and communicates with the nervous system. Neural implants have been used to support people recover abilities that have been vanished. It includes generating interfaces between neural systems and computer chips, generally named brain-machine interfaces. A mutual drive of modern brain implants and the emphasis of current research is founding a biomedical prosthesis evading areas in the brain that became dysfunctional after head injuries or stroke. This comprises sensory replacement, e.g. in vision. Rising use of enhanced technology in brain implants, growing occurrence of Parkinson’s disease, high demand for brain implants, growing disposable income in established countries are documented as major factors of Brain Implants Market size that are estimated to enhance the growth in the years to come. However, high cost of brain implants and presence of alternative enhanced technological inventions are the factors that may restrain overall market growth in the years to come.
Brain Implants Market size is segmented based on product types, applications, and region. Vagus nerve stimulator (VNS), deep brain stimulator (DBS), and spinal cord stimulator (SCS) are the product types that could be explored in Brain Implants in the forecast period. In 2016, deep brain stimulator sector accounted for the largest market share of 37.0% in terms of revenue and is estimated to lead the overall market in the coming years.

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This may be because of rising use in numerous applications and growing occurrence of Parkinson’s disease. Moreover, it is exclusively used to treat numerous neurological disorders like Alzheimer’s disease, obsessive-compulsive disorder (OCD), epilepsy, dystonia, and essential tremor. Also, Vagus nerve stimulator is estimated to grow at fastest pace in the coming years, as rising occurrence of epilepsy.

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The market may be categorized based on applications like Alzheimer’s disease, chronic pain, essential tremor, epilepsy, depression, Parkinson’s disease, and others. Chronic pain segment accounted for the largest market share in 2016 and is estimated to continue its dominance in the coming years. This may be because of, rising chronic pain due to circumstances like neuropathy, lumbar and radiculitis, complex regional pain syndrome, and failed back surgery and high demand for stimulators used during chronic back and neck pain. According to Pain Doctor Report, in 2017, 14000 patients used spinal cord implants. However, Parkinson’s disease sector is estimated to grow at highest CAGR in the coming years. This may be because of rising occurrence of disease and reduction in coffee consumption and smoking rate. Globally, in 2016, North America accounted for the largest share of brain implants market and led it overall. The reason behind the overall brain implants market growth could be regular product approvals, huge investment in Research and Development activities, and presence of key manufacturers in the region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth.

Europe is the second largest region with significant share of brain implant market. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR of over 13.0% in the foremost period. The aspects that may be ascribed to the growth comprise developing healthcare infrastructure and rising awareness amongst populace regarding brain implants. The developing countries like India and China are the major consumers of Brain Implant Industry in this region. The key players of Brain Implants Industry are NDI Medical LLC, Boston Scientific, NeuroPace Inc., Medtronic, Nevro Corporation, and St. Jude Medical. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Advanced Driver Assistance Systems (ADAS) Market|Product Estimates & Emerging Trend Analysis 2025

29 Jan 2019 - Advanced Driver Assistance Systems (ADAS) Market is expected to reach USD 67.43 billion by 2025. Advance Driver Assistance Systems (ADAS) implies a set of systems used in vehicles to offer a comfortable and an intelligent driving involvement. Rise in demand for progressive system as night vision, road sign recognition, drowsiness system is projected to influence the overall manufacturing in the forecast period. The Advanced Driver Assistance Systems market size is expected to grow at a 19.0% CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

advanced driver assistance systems (adas) market

The demand for old-style ADAS system as autonomous emergency braking, adaptive cruise control system is projected to develop exponentially due to stringent rules to improve road safety and decrease in road accidents. In addition, the factors propelling the market include impending need for comfort, growing focus on consumer safety, and increase in governments’ rules that ensure the security of the ADAS market development. On the other hand, the lack of consciousness among medium and low-end customers, high cost of installation concerning the functionality and importance of these organizations in improving driver safety could restrain the Advanced Driver Assistance Systems (ADAS) development of late. Advanced Driver Assistance Systems (ADAS) Market size may be explored by solution type, component type, interior design, and geography. Advanced Driver Assistance Systems (ADAS) may be explored by solution type as Autonomous Emergency Braking, Park assistance, Adaptive Front Lights, Blind Spot Detection System, Adaptive Cruise Control, Tire Pressure Monitoring System, Lane Departure Warning System, Others.

The Tire Pressure Monitoring System segment is estimated to rule the Advanced Driver Assistance Systems market in 2018; due to its low cost, which permits aftermarket acceptance by medium and small car owners.

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Furthermore, Tire Pressure Monitoring system is followed by adaptive cruise control and anticipated to grow at a highest CAGR of 19.0% over the forthcoming period, due to stringent government rules for required fixture in cars manufactured in Europe and U.S.

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Advanced Driver Assistance Systems (ADAS) may be explored by component type as Sensors, (Radar, Ultrasonic, LiDAR, Others), Processor, Software, Others. ADAS relies on sensors and their accuracy. Numerous sensors as LIDAR, RADAR, ultrasonic, and camera sensors operate together in direction to achieve desired assistance and safety function. Among various sensor categories, Lidar sensors are anticipated to increase high traction due to its crucial position in mechanization of vehicles. In addition, the ADAS processors are expected to witness high development over the forecast period. The development can be ascribed to the composite procedures of the ADAS functionality. Corporations such as Intel company are working on the ECU alliance in order to lessen the amount of ECU mainly used for each purpose distinctly. Advanced Driver Assistance Systems (ADAS) may be explored by Interior design as Commercial vehicle, Passenger car, Heavy commercial vehicle, Light commercial vehicle. North America has been at the forefront with regards to Advanced Driver Assistance Systems (ADAS) Market share and will continue to rule the roost in the years to come. North America ruled the overall advanced driver assistance system with 34% share in 2016; followed by Asia-Pacific.

In addition, increase in demand for progressive driver protection organizations in the developing countries as India due to high rate of road accidents and growing sales of high-end cars would drive the APAC’s Advanced Driver Assistance Systems market in the years to come. European region is anticipated to observe small fall in share, due to marketplace saturation with the existing Advanced Driver Assistance systems functionalities. Some of the key players that fuel the growth of the Advanced Driver Assistance Systems (ADAS) Industry size include Renesas Electronics Corporation, Magna International Inc., Autoliv Inc., Robert Bosch GmbH, Texas Instruments, Valeo, Denso Corporation, Panasonic Corporation, NXP Semiconductor, and Continental AG. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Wave and Tidal Energy Market Drivers Analysis, Overview And Product Outlook|2025

29 Jan 2019 - Global Wave and Tidal Energy Market is expected to reach USD 3.9 billion by 2025 as the scope, product types and its applications are increasing across the globe. Wave energy implies to the energy of the ocean surface waves, which is captured for desalination, the pumping of water into reservoirs and electricity generation. It is considered to be the most promising green technologies, and Wave and Tidal Energy generate the most intense source of renewable energy. Oceans are an endless source of clean energy. Wave and tidal energy market is expected to grow at a CAGR of 42.5% in the upcoming period.

wave and tidal energy market

As such, connecting tidal and wave energy from the ocean surfaces is the most supportive source of energy. Economies across the globe are inclined toward usage of these forms of renewable energy as these offer a continuous and stable source of clean energy. Abundance of ocean surface and energy generation volume in numerous countries has helped governments to follow ocean energy generation as a significant source of renewable energy in years to come. Moreover, the wave and tidal energy is witnessing maximum demand due to rise in development of the initiatives across countries, which results in reduction of price with respect to electricity. Furthermore, increase in funds and new rules by local governments helps the skill inventors for fast commercialization of their energy converters. On the other hand, the factors such as environmental and socio-economic barriers and high cost are expected to hamper the growth of the market over the forthcoming period.

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Wave and Tidal Energy Market may be explored by type, technology, end users, and geography. Wave and Tidal Energy may be explored by type as Wave Power plants, and Tidal Power Plants. The “Tidal Power Plants” of Wave and Tidal Energy is the dominant type of the market in 2016, The conversion of kinetic energy into electricity is mainly done with the help of “Tidal Stream”. As compared to Wave Power plants, the Tidal Power Plants may have higher R&D investments.

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Wave and Tidal Energy may be explored by Technology as Pendulor Device, Tidal Stream Generator, Barrage, Oscillating Water Columns, and Others (Lagoon and Turbine). Wave and Tidal Energy may be explored by end users as Residential, Industrial, and Commercial. Asia-Pacific has been at the forefront with regards to wave and tidal energy industry and will continue to rule the roost in the years to come. The Asia Pacific accounted for the major share of 39% of the global volume in 2016. The region is estimated to continue to be the foremost user over the forthcoming period due to increase in the environmental rules, public funding programs, competition, and government policies are expected to facilitate the growth of market in this region.

Asia-Pacific is looked upon as the most attractive and major market for Wave and Tidal Energy all over the world. Significant development of the accessibility of incomes, awareness amongst the population, economy, and growth in open test places are estimated to drive the market throughout the upcoming period. Asia-Pacific is followed by the North America. Some of the key players that fuel the growth of the wave and tidal energy market include S.D.E. Energy Ltd. (WERPO Wave Energy), Carnegie Wave Energy Ltd., Tenax Energy, Ocean Power Technologies, Inc., Atlantis Resources Ltd., AquaGen Technologies, Pelamis Wave Power Ltd., Ocean Renewable Power Company LLC, Aquamarine Power Ltd, and Marine Current Turbines Ltd. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Monday, January 28, 2019

Solid State Drive (SSD) Market Size, Methodology, Trends & Scope by 2025

28 Jan 2019 - The global Solid State Drive (SSD) Market is expected to reach $25.51 billion by 2025. Solid State Drive (SSD) industry is driven by factors such as advantages offered by solid state drives over hard disk drives coupled with rise in uses of SSD in data centers. Rising adoption of solid state drives, content generation and storage capacities for enormous amount of digital data is expected to create favorable market conditions for further development in the forecast period. Subsequently, the rising regulations pertaining to environment and other stringent laws is likely to curb the market growth in the forecast period; wherein the CAGR would be 14.7%.

solid state drive (ssd) market

Solid-state drives are undoubtedly considered as the enabling factor to leverage the storage performance level of an enterprise. The rotating storage technology of hard disk drives are low in efficiency and at times non-competent to perform quicker response. On the contrary, SSDs are based on NAND flash memories with no mechanical parts and random access to the data is prompt. In many applications, the interaction between drives and host processors experience a blockage, which is why SSD’s interface evolves from conventional storage interfaces such as SATA, SAS, and PCIe that enables an uninterrupted connection of the SSD to the host processor. Flash-memory based SSDs offer prompt random access to data and rapid data transfer. The market segmentation spans by type, storage, end-use and geography. The storage type dominates the market growth in the forthcoming period owing to unique performance and value added features. End-use segment stands second to the storage segment in the global market owing to high demand from enterprises.

Geographical segmentation for solid state drive (SSD) market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America leads the solid state drive (SSD) industry owing to rising popularity of social media and proliferation of next-generation connected devices.

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In addition, rise in internet services, enlarging e-commerce industry and rising volume of data transfer is likely to create favorable market conditions in U.S.

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European market is expected to gain a higher CAGR in the forthcoming period owing to rise in digital data storing techniques, creation of large volume of data and content along with rise in demand for efficient storage spaces. Middle Eastern and African regions are likely to gain a positive CAGR in the forecast period due to proliferation of internet services, digitization of data, and the need for efficient data storage. The key players in the solid state drive (SSD) drive market include Micron Technology Inc, Samsung Electronics Co Ltd, Seagate Technology PLC and Western Digital Corporation.

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On-Demand Transportation Market|Share Calculation, Application And Assumptions by 2025

28 Jan 2019 - Global On-Demand Transportation Market is expected to reach USD 290.3 billion by 2025 as the scope, product types and its applications are increasing across the globe. On-Demand Transportation implies user-oriented system of public transport characterized by changeable routing and scheduling of small/medium cars working in shared-ride method between pick-up and drop-off places according to customers’ requirements. On-Demand Transportation market is expected to grow at a CAGR of 20.4% in the upcoming period.

on-demand transportation market

Saturation of smartphones and linked vehicles is in creasingthe acceptance of on-demand transportation services such as car sharing, e-hailing, station-based mobility and car rental. These facilities permitoperators to modify, pre-book, or cancel their taxi/car booking reservations via mobile applications such as Gett, Ola and Uber. Developments in IT organization and rising usage of car sharing facilities by millennials are estimated to propel the acceptance of on-demand transportation services. However, issues related to high costs and poor connectivity of emerging infrastructure may restrain the development of the On-Demand Transportation industry. Consequently, car sharing facility providers are concentrating on emerging car-sharing applications, which do not need internet connectivity for accessing them. On-Demand Transportation market may be explored by service type, vehicle type, vehicle connectivity, and geography.

On-Demand Transportation may be explored by service type as E-Hailing, Station-Based Mobility, Car Sharing, and Car Rental. The e-hailing service type of on-demand transportation is anticipated to be the fastest-developing sector. The increasing penetration of car sharing, and smartphones applications are enhancing this segment. Rising cost of fuel and an increasing traffic are expected to boost the development of the sector. In addition, the several development programs started by numerousad ministrations are also likely to bolster On-Demand Transportation industry development.

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On-Demand Transportation may be explored by vehicle type as Four-Wheeler, and Micro Mobility. Micro Mobility sector of On-Demand Transportation vehicle type is estimated to grow in the forthcoming period. It offers several benefits such as flexible mobility and fuel consumption. Additionally, it permits energy efficiency and improved cost, which are driving users to choose this vehicle type. Stringentrules regarding environment conservation across the globe, associated with sternness relating to vehicle manufacturing are encouraging operators to accept this vehicle type.

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On-Demand Transportation may be explored by vehicle connectivity as V2V, V2P, V2I, and V2N. The vehicle-to-pedestrian (V2P) connectivity sector is anticipated to grow at a CAGR of 22.3% over the upcoming period. V2P helps link pedestrians with vehicles via a wireless system and improves security by providing real-time traffic flow data. Asia-Pacifichas been at the forefront with regards to On-Demand Transportation industry and will continue to rule the roost in the years to come. Asia Pacific accounted for the major share of the On-Demand Transportation Size Analysis in 2016. The factors that attribute to the growth of Asia Pacific’s On-Demand Transportation market include rising population, increased traffic, increasing disposable income, vehicle costs in the developing countries like China and Japan,etc. Some of the key players that fuel the growth of the On-Demand Transportation industry include BMW Group; International Business Machines Corporation (IBM); Robert Bosch GmbH, General Motor Company; Ford Motor Company and Gett, Inc. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Multi-Factor Authentication Market Snapshot, Landscape & Cost Analysis by 2025

28 Jan 2019 - Global Multi-Factor Authentication Market is expected to reach USD 17.76 billion at a CAGR as the scope and its applications are rising enormously across the globe. To confirm the user’s identity for a login or other transaction, Multi-Factor Authentication (MFA) is a security system that needs more than one technique of verification from independent groups of credentials. The aim of MFA is to create a layered defense that helps to protect personal and official data from an unauthorized person. It is built from a grouping of biometric validation techniques, physical techniques, and logical techniques to protect product or service and a facility. The multi-factor authentication market is expected to grow at a CAGR of 15.07% by 2025.

multi-factor authentication marketmulti-factor authentication market

It allows administrations to use enhanced safety choices and used in various applications as high security guarantee and welfares provided for data security are documented as major factors of Multi-Factor Authentication Market that are estimated to enhance the growth in the years to come. However, requires more time for higher order authentication models and technical complexity and cost in implementing Multi-Factor Authentication are the factors that restrain overall market growth in coming years. Multi-Factor Authentication industry is segmented based on model, applications, and region. Five factor authentication, four factor authentication, three-factor authentication and two-factor authentication are the models that could be explored in Multi-Factor Authentication in the future period. The three-factor authentication includes three-factor biometric technology, smart card with pin and biometric technology, pin with two-factor biometric technology and smart card with two-factor biometric technology.

The two-factor authentication sector accounted for the largest market share of Multi-Factor Authentication and is estimated to lead the overall market in the coming years. This may be because of secure online transaction, enhanced security, lower security management cost, and raising flexibility and productivity.

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Moreover, it includes onetime password with pin, smart card with pin, two-factor biometric technology, smart card with biometric technology and biometric technology with pin.

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The market may be categorized based on applications like retail & e-commerce, banking and finance, travel & immigration, healthcare, government, commercial security, military and defense, and others could be explored in Multi-Factor Authentication in forecast period. The healthcare segment accounted for the largest market share of Multi-Factor Authentication and is estimated to lead the overall market in the coming years. This may be because of strict government and industry policy and needs a highly secure infrastructure. Industries depends on MFA solutions for securing sensitive data and information. Moreover, safety of patient data is anauthorizeddirective for healthcare.

Globally, North America accounts for the largest market share of Multi-Factor Authentication and is estimated to lead the overall market in the upcoming years. The reason behind the overall market growth could be rising adoption of digital services, rising use of enhanced technology, advanced network connectivity and propagation of smartphones. In addition, raising cases of cyber-attacks and presence of key manufacturers in the region will boost the overall market growth. The United States is major consumer of Multi-Factor Authentication in this region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR of about 19.0% in the foremost period. The aspects that may be ascribed to the growth comprise high demand for digital services and rising investments in numerous IoT technologies and security.

The key players of Multi-Factor Authentication Market are Vasco Data Security International, RSA Security, Safran, Symantec Corporation, Gemalto, and CA Technologies. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions and joint ventures are the need of the hour.

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