Strong need for Effective Fabric Filters to Churn the Global Demand for Fabric Filters Market

The global fabric filters market is foreseen to experience a significant growth in coming years. This growth can be credited to stringent regulations regarding pure indoor air. Another factor profiting the market is the attention of makers on item advancement in light of the requirement for more compelling texture channels. Going about as an obstacle to the market, then again, is the precarious cost of producing fabric filters. Be that as it may, consistent industrialization and technological innovations will probably make more open doors in the market for development and help beat the different difficulties ruining its development. 

A report by Transparency Market Research, gauges the worldwide fabric filters market to grow at a strong CAGR of 6.18% during the forecast period from 2017 to 2025. In year 2016 the global fabric filter market was evaluated to be around worth US$9.6 bn. This value is likely to soar around US$16.34 bn by the end of year 2025.

What factors boosts the demand for fabric filters in the global market?

Fabric filters, are also known as bag filters, or bag house filters, are utilized as a control innovation for particulate matter (PM). They expel particulate matter inserted in the pipe gas stream of industrial process ventilation units and fuel ignition unit by passing the gas stream through the permeable fabric. Fabric channel units are contained at least one confined compartments, having columns of fabric packs as creased cartridges or round, flat, or shaped tubes. These filters are productive in gathering molecule measure going from submicron distance across to many microns. Fabric filters are for the most part utilized for effective molecule gathering. The capacity to reestablish the sifting surface occasionally by cleaning encourages fabric filters to take a walk over different gas filters. 

Plus, with respect to expanded requirement for more powerful fabric filters, producers are concentrating on the building up those with enhanced functionalities. This is likewise demonstrating valuable to the market. As of now, the application fragment of pharmaceutical is in charge of producing greatest demand in the market. Production of pharmaceuticals items, in particular vitamins, minerals, herbs, and medications, includes diverse sorts of procedures which regularly result in tidy as an unsafe side-effect. This stances health dangers to laborers and increases the danger of chemical disasters in the manufacturing units. To moderate such issues, fabric channel proves to be useful.

Rules commanding the requirement for unadulterated indoor air is significantly fuelling interest for fabric filters. Take for instance the Occupational Safety and Health Administration and Environmental Protection Agency that has worried upon the requirement for best quality indoor air to influence work to put more secure and more advantageous. This has stirred the global demand.


Which segment leads the global fabric filters market in terms of product?

Based on product type the global fabric filters market is divided into reverse jet, pulse jet, and others. Among them, pulse jet segment holds the major shares in the market. In year 2016, the segment accounts for around 55% share in the entire market. This is a direct result of the rising take-up of it attributable to its capacity to reduce in bag house size and capital cost because of less fabric use. Heartbeat fly cleaning sort does not require the working of an additional compartment for disconnected cleaning. The fragment is relied upon to develop its offer sooner rather than later.

What makes Asia Pacific region to dominate the entire market?

Based on geographical regions, the market is divided into Asia Pacific, Europe, North America and rest of the World (RoW). Asia Pacific leads the race with respect to growth rate and market rate. With a strong CAGR of 6.89%, the market in the district is relied upon to pull in incomes worth US$ 6.43 bn by the end of 2025. The development in the district is mostly realized the quick extension of different end-use industry, for example, synthetic, control age, and so on. In 2016, Asia Pacific held more than 37% offer of the worldwide fabric filters advertise. North America and Europe trail Asia Pacific. By enlisting a CAGR of 5.67% amid the conjecture time frame, North America region is slated to wind up noticeably worth US$3.70 bn by 2025. The market in Europe is anticipated to net in an income of US$3.29 bn by 2025 by enlisting a CAGR of 5.45% through the span of the estimate time frame. 

The worldwide fabric filters market is ruled by several key players Hamon Corporation, Affinia gathering, Cummins, Nederman Corpo., Siemens AG, and Pall Corporation.

Building and Construction Industry Driving Rigid Polyurethane Foam Market

Polyurethane foam, which is a plastic or polymer that is extensively used for various applications, can be of two types, rigid or flexible. Rigid polyurethane foam are primarily used for insulation purposes in the construction sector and for refrigeration, as it is energy efficient and hence helps in reducing overall costs. Flexible foams are also used as cushioning substance in various industries including bedding, packaging, transportation, and furniture. The prosperity of each of these end-use industries is reflecting on the global rigid polyurethane foam market, which is projected to expand at a CAGR of 6.0% during the forecast period of 2017 to 2025, according to a recent business and commerce study by Transparency Market Research (TMR). The report has evaluated that the global rigid polyurethane foam market was worth US$15.2 bn in 2016, and estimates the opportunities to swell up to US$25.5 bn by the end of the forecast period, which is 2025.

Which key factors will define the future of the market?

Rapid rise of the bedding and furniture industry owing to increased disposable income among the urban populations of developed as well as emerging economies, environment sustainability and energy conservation, versatility and unique physical properties, growth of various end-use industries in a number of developing countries, and growing awareness regarding the advantages of using polyurethane foam are some of the key factors driving the demand in the global rigid polyurethane foam market. On the other hand, factors such as rising cost of raw materials, hazards associated with polyurethane, and law of awareness regarding eco-friendly products are some of the obstructions mitigating the prosperity of the global rigid polyurethane foam market.


Which market segments are showing greater promise?

Based on end use industry, the global rigid polyurethane foam market is segmented into building and construction, automotive, industrial, and others, with building and construction industry serving the maximum demand in 2016 and anticipated to remain most profitable segment throughout the forecast period. The rigid polyurethane foam for building and construction is used for commercial spaces, residential housing, retail stores, power stations, factories, food processing plants, cold storage, warehouses, telecom shelters, and public institutions such as hospitals and schools. Some of the common application of rigid polyurethane foam in the building and construction industry is insulating boards with flexible facings for ceilings, walls, roofs, and floors, sandwich panels with firm facings as wall panels and roof, spray-in-place foam for sealing and insulation, and insulating and construction material as cut to-size pieces from slabstock.

Which region is currently serving the maximum demand?

The rigid polyurethane foam market gains maximum demand from Asia Pacific, with China alone contributing 55% of the total region from the region, which is a reflection of large volume production of these foams in the country. Rapid urbanization and growing awareness among the consumers regarding environmental sustainability are some of the other factors augmenting the demand in the Asia Pacific rigid polyurethane foam market.

What is the nature of competition among the market leaders?

The presence of a large number of global and domestic players is making the rigid polyurethane foam market fragment. DuPont, BASF SE, Covestro AG, DUNA CORRADINI S.p.A, Huntsman Corporation, Kingspan Group plc, Owens Corning, ISOTHANE Ltd., and Rockwoll International A/S are a few companies ahead of the curve in this market.

Tert-Butyl Hydroperoxide Market to Propel Due to Conveniently Accessible Properties

The tert-butyl hydroperoxide market is prognosticated to project a significant growth in coming years. The tert-butyl hydroperoxide compound is a colorless, clear, aqueous and stable solution from alkyl hydroperoxide family. It is exceptionally responsive, inflammable, and breaks down because of sullying. Tert-butyl hydroperoxide (TBHP) is an effectively accessible and helpful source of dynamic oxygen suitable for assorted oxidation innovations. Epoxidation from propylene to propylene oxide is the biggest commercial use of TBHP. TBHP is additionally utilized for production of special chemicals in performance chemicals and fine chemicals required in fine compound and execution synthetic businesses, for example, agrochemicals and pharmaceuticals.

As indicated by a report by Transparency Market Research, the worldwide tert-butyl hydroperoxide market will ascend at a moderate pace by enlisting a CAGR of 1.3% amid the predicted time period from 2017 to 2025. At this pace, the market which was worth US$121.06 mn in 2016, is relied upon to end up noticeably worth US$136.41 mn by 2025.

What are the key factors stirring up the growth of tert-butyl hydroperoxide market on global scale?

It can specifically oxidize olefins, hydrocarbons, and alcohols. Awry epoxidation and dynamic resolution with TBHP can give access to complex chiral intermediates. Under the polymerization initiation response, TBHP is utilized to blend numerous dialkyl peroxide, perketal derivatives, and  perester as it fills in as a free radical initiator for polymerization, co-polymerization, join polymerization, and curing of polymers. 

The principle downside of the market is that use of tert-butyl hydroperoxide-based process is constrained, while that of different procedures is developing. Many organizations have thought of restrictive innovations for the creation of PO that don't include the utilization of TBHP. Organizations are additionally teaming up with each other by looking at their PO creation procedures and creating joint-imaginative procedures. These variables are probably going to go about as limitations of the worldwide TBHP market. 

Propylene is changed over into PO by means of different synthesis courses, which incorporate procedures related to oxidation of propylene through the natural hydroperoxides (counting TBHP) strategy. Right now, as natural hydroperoxides constitute just about half of the worldwide generation limit of PO. Be that as it may, the hydroperoxide based process requires generally vast capital speculation. It presents challenges in adjusting the market for PO and its co-items. This can prompt extensive unpredictability in the financial execution of operations after some time. The use of TBHP-based process is constrained, while that of different procedures is expanding.


What is the most dominating segment driving the market based on application?

Based on the application, the global tert-butyl hydroperoxide market is fragmented into chemical synthesis, polymerization, curing agent, initiator, and others. Among these, chemical synthesis application and polymerization initiator segment are likely to increase the demand in the global market. The use of TBHP in different applications in various area is broadened, with polymerization initiator by and large overwhelming the request. By timing a most extreme CAGR of 1.4% from 2017 to 2025, the worldwide tert-butyl hydroperoxide market is relied upon to develop its revenue share to 46.61% by the end of year 2025. Curing agents follow in the second position as far as income share. In terms of development rate, synthetic blend is likewise anticipated that would enroll an indistinguishable CAGR from polymerization initiator. 

In any case, the application fragments are relied upon to display separated development potential crosswise over various districts and nations. 

What makes North America a leading region among the rest of them?

From a topographical point of view, Europe drives the worldwide tert-butyl hydroperoxide market with a prevailing offer in income. In 2016, its offer was a considerable 40%. As far as volume, the area is required to develop its offer further in the up and coming years. Germany, Netherlands, and Belgium are at the bleeding edge of driving interest in Europe. North America comes in second opposite creation and in addition utilization of tert-butyl hydroperoxide. Asia Pacific is another key market that is anticipated to develop its income at a sound clasp. China, Japan, and Australia are principle supporters of income in the area Akzo Nobel, United Initiators GmbH, LyondellBasell, Arkema Groupand, and PERGAN GmbH are some of the key players dominating the global market. 

Growing Preference of Ecofriendly Products Driving Global Biopolymers Market

Plastics and polymers are at the backbone of coating and packaging applications that is utilized by a number of end use industries, but since these materials are produced by processing fossil fuels, water management and environmental concerns regarding carbon footprint is escalating. As a result, biopolymers are developed, which are degradable when subjected to heat and moisture and are made from waste starch, biomass, and other renewable feed stock. Owing to the prosperity of various end-use industries and growing environment concerns, the market for biopolymers is flourishing. A recent business and commerce study by Transparency Market Research (TMR) has projected that the demand in the global biopolymers market will increment at an impressive CAGR of 14.0% during the forecast period of 2017 to 2025. The report has evaluated that the biopolymers market, across the world, held opportunities worth US$2,422.1 mn in 2016 and estimates it to reach a valuation of US$7,774.7 mn by 2025.

Which factors will favor or obstruct the market’s prosperity?

Some of the key factors augmenting the demand in the global biopolymers market are: increasing focus on bio-based content ahead of biodegradable content, favorable government policies and regulations to promote ecofriendly products, and increasing concern of human health and increased preference among consumers for eco-friendly packaging. On the other hand, cost-effectiveness of conventional plastic over bioplastics, complexity in adopting biopolymers over synthetic polymers, and performance issues are challenging the market for biopolymers from attaining its true potential. Nevertheless, the vendors operating in this market will gain new opportunities from increasing acceptance in Asian countries, development of new applications, development of sustainable production, surge in global plastic bottle production, and gradual shift of the automotive manufacturers towards biopolymers.


Which market segments are promising greater profits in the near future?


Based on product type, the market for biopolymers gains maximum demand for bio-PET, bio-PE, and biodegradable polyesters, significantly more than other segments including biodegradable starch blends, PLA, PTT, PHA, and others. Application-wise, while textiles, consumer goods, agriculture, automotive, electronics, and construction, packaging continues to be the primary application and is anticipated to remain so throughout the forecast period.

Which region is serving maximum demand for biopolymers?

Currently, Europe is the most lucrative region for the vendors operating in the global biopolymers market, with the demand projected to increment at a CAGR of 13.78% during the said forecast period. By the end of 2025, Europe biopolymers market is estimated to be worth US$3,082.38 mn. That being said, Asia Pacific is anticipated to turn into a highly profitable region towards the end of the forecast period, owing to rapid industrialization along with changing lifestyle and increasing disposable income of urban populations in India and China. North America will continue to account for a substantial share of the demand, albeit the growth rate would be moderate.

What is the nature of competition among the market leaders?

The global biopolymers market is moderately consolidated in nature with a handful of vendors holding majority shares. Some of the prominent vendors are E.l.du Pont de Nemours and Company, BASF SE, FMC Biopolymer A.S., Archer Daniels Midland Company, Plantic Technologies Ltd., NatureWorks LLC, Danimer Scientific, Novamont SpA, Total Corbion, and Galatea Bio Tech. 

OTT Services Market Driven by Radical Improvements in Internet Technologies

Smartphones are now ubiquitous and technology pertaining to broadband internet has improved multiple folds in the past decade. A paradigm change as a result of these two factors has been the preference of large populations for video content, which is even threatening to overtake television and other sources of media for everyday entertainment and information. Not only ongoing events are now available to be watched live and online, vendors are now able to provide exclusive video content for their consumers with improved encryption. In the past year or so, several governments have also implemented strict guidelines against illegal file sharing such as torrent site, opening the widow of revenue opportunity that was blocked by piracy.

All these factors have led to the development of over the top (OTT) services, wherein the vendors can deliver content without any involvement in planning, as the product is directly provided to the consumers over the top of internet service network. A recent study by Transparency Market Research has projected that the demand in the global over the top services market will increment at an impressive CAGR of 16.4% during the forecast period of 2017 to 2025. The report has evaluated that the global OTT services market was worth US$925.87 bn in 2016, and estimates the opportunities to swell up to a valuation of US$3,538.04 bn by 2025.

What are the key factors driving the OTT services market?

Growing adoption of device-based computing, increase in wide availability of broadband infrastructure, economical charges for the usage of OTT platforms and services, growing production of in-house web series, high demand for time-shifted TV, increasing usage of OTT on mobile devices such as smartphones, laptops, and tablets, increase in the requirement for compliance and verification, and personalization of technology are some of the prominent factors that will ensure a prosperous future for the Over the top services market. On the other hand, high popularity of free online video streaming, reluctance of customers to spend on OTT services, low scope of customer retention, and less number of long-term subscriptions are a few challenges obstructing the OTT services market from attaining its true potential. Nevertheless, the vendors of this market are expected to gain new opportunities from the emergence of video streaming devices, increase in the usage of multiple DRMs in web browsers, and increased adoption of RTB.


Which market segments are showing greater promise?

Based on business model, the report segments the global over the top services market into premium and subscription, adware, and e-commerce, and rates the former as most lucrative segment, which accounted for nearly 48% of the total demand in 2016. This particular segment related to earning a fixed revenue from customers who pay for download or access to their application. Application-wise, the TMR report categorizes the global OTT services market into communication and media content including gaming, audio and video, and web content, whereas on the basis of end use, the market has been bifurcated into healthcare, media and entertainment, e-commerce, education, and IT.

What is the nature of competition among the leading vendors?

The global OTT services market is highly fragmented, owing to the presence of a large pool of players. However, as established players are expanding their footprint across various regions, domestic vendors are struggling to compete with the quality and quantity of content and may dissolve in the near future. Netflix, Inc., Google, Inc., Facebook, Inc., LinkedIn Corporation, Twitter, Inc., and Apple, Inc. are some of the notable vendors operating in this market.

Connected Logistics Market: Advancements in Information Technology Segment to Augment Growth of Market

Over the last few years, the logistics industry has witnessed a significant evolution. This evolution is even more evident after globalization and opening up of the world economies. Connected logistics aids in establishing a proper communication channel between all the parities taking part in the activity even though there isn’t a direct relationship between them. Apart from this, connected logistics helps in curbing down emissions and has a positive influence on the environment. Some of the key players in the global connected logistics market include names such as Dynatrace LLC, Amazon Web Services, Feightgat, SAP SE, Oracle Corporation, Infosys Limited, Microsoft Corporation, and NETSUITE Inc. among others. Prominent players in the market are now following different growth strategies to bolster their market presence. Recently, a global leader in in transport and logistics, Maersk, joined hands with Microsoft Corporation, in a tactical business move to revamp the supply-chain management and the global commerce. From its transportation economics to connected vessels, the company is banking on Microsoft to propel the development and empower logistics across the globe. Apart from the product development, the major players in the global connected logistics market are banking on mergers and acquisitions to exert competitive advantage.


The valuation of the global connected logistics market stood at US$10.21 bn in the year 2016. This valuation is expected to reach a total of US$55.17 bn by the fall of 2025. This growth is expected to be achieved with a healthy CAGR of 17.8% over the course of the given forecast period of 2017-2025.

What Aspects Fuel Growth of Global Connected Logistics Market?

Developments in the information technology industry has been a chief driver for the growth of connected logistics market. At present, globalization and the growing need for advanced logistics and transportation infrastructure is propelling the demand for connected logistic systems. Additionally, IT services like the IoT (Internet of Things) ensures the connected logistic services are able to generate big volumes for data and wide range of information which can be analyzed and stored with a high levels of precision. It is expected that IoT will significantly help in driving the global connected logistics market ahead.

Demand for connected logistics is also driven by increased requirement for on-time delivery and calls for monitoring the logistic vehicle real time. Connected logistics help in keeping track of all the stages of the supply chain which includes storing and transportation to final delivery of the goods. Such high levels of accurate monitoring is making connected logistics very popular among market vendors.

Another important driving factor behind the growth of the global connected logistics market is the breakthrough advancements in pharmaceutical products which are transport sensitive. For instance, extreme temperature fluctuations during the time of transport can be damaging for the product. With connected logistics, alerts can be sent to manufacturers so as to take necessary actions before any severe damage.


How will Asia Pacific Fare in Coming Years of Forecast for Connected Logistics Market?

Geographically, Asia Pacific region has shown most promise to be a profitable market for the connected logistics in the coming years. It is expected that the growth of Asia Pacific region during the period 2017 to 2025 will be achieved at a sturdy CAGR of 18.1%. Primary driving factor behind this growth is the ever-expanding e-commerce industry that involves real-time monitoring of goods.

Other key geographical segments of the global connected logistics include North America, Latin America, Europe, and the Middle East and Africa. North America and Europe have dominated the world market for the connected logistics in the past due to high demand for quality control and rising adoption of logistic support in various sectors such as healthcare.

High Demand from Paper Pulp Industries to Propel Arcylamide Market

Acrylamide is a compound produced by hydrolysis of acrylonitrile by nitrile hydratase. Acrylamide is predominantly utilized as a part of the modern procedures to blend polyacrylamides which are utilized as water dissolvable thickeners. The utilization of acrylamide for generation of polyacrylamide represents around 90 % of its aggregate utilize. It is found in tobacco smoke. Acrylamide is founding during cooking food substances which are high in sugars. Acrylamide discovers application as a synthetic middle of the road in the generation of N-methylol acrylamide and N-butoxyacrylamide. It is utilized as a superabsorbent in medicinal items, for example, dispensable diapers and furthermore in agrarian products. Small helpings of acrylamide are utilized as a part of glues, folios for seed coatings and printing ink emulsion. Additionally, acrylamide is utilized as a part of material printing glue, and water maintenance helps. Acrylamide likewise discovers use really taking shape paper, plastics and colors. Having said that, the worldwide acrylamide market is relied upon to witness a direct growth in the coming years.

The product in additionally being widely utilized as a part of different oil and gas handling application. Moreover, extension of the oil division is relied upon to have a constructive outcome on the interest for acrylamide in the approaching years. As a similar time, acrylamide is additionally seeing a significant ascent sought after from the food and beverage industry. Likewise, factors, for instance, rising utilization of accommodation nourishment and changing way of life are predicted to influence positively the growth of the worldwide market for acrylamide in the years to come. 


Q: What are the major factors affecting the global acrylonitrile market?

A: Acrylamide is profoundly utilized as a part of water treatment industry. Along these lines, the worldwide acrylamide market is driven by the stringent ecological controls relating to discard sewage water. The interest for acrylamides from the oil and gas segment is likewise high because of upgraded oil recuperation needs. The expanding oil industry is additionally anticipated that would be a noteworthy driver for the development of worldwide acrylamide market in the conjecture time frame. The developing food and refreshment industry is likewise expected to fuel the worldwide acrylamide market sooner rather than later. The changing way of life of individuals combined with expanding utilization of comfort nourishment items is additionally anticipated that would be a central point driving the worldwide acrylamide market in the up and coming years. The rapid growth in the glues and sealants industry is likewise foreseen to fuel the interest for acrylamide, in this manner driving the worldwide acrylamide market. Be that as it may, the effect of glues and sealants industry on the worldwide acrylamide market is required to be dormant in the figure time frame. Introduction to acrylamide happens through colleague to cooked foods and tobacco smoke. The health risks and impacts relating to this presentation is anticipated to be a noteworthy limiting component for the worldwide acrylamide market.

Q: What segment of the industry is expected to lead this market? 

A: On the basis of utilization, the waste and wastewater treatment segment is expected to remain dominant through the forecast duration. On the premise of physical form, solutions will keep on outperforming strong crystalline forms. At present, the segment speaks to for more than two-third offer of the market as far as income. It is relied upon to surge at a noteworthy CAGR between 2017 and 2022. Asia-Pacific excluding Japan (APEJ) acrylamide market is projected to hold its top position in the coming years. The region’s market will remain exceptionally appealing and is relied upon to mirror a twofold digit CAGR. This development will be for the most part is ascribed to factors, for instance, surging disposable incomes and changing lifestyles.

Perpetually Viable Oil and Gas Industry to Boost Marine Coating Market

The growing requirement for low fuel utilization is expected to increment the demand for regular coatings by anti-fouling agents, pushing the general marine coatings market. Fuel utilization represents half of the general working expenses of the ship, and nearness of fouling development on the vessel body because of settling of different marine life forms, general fuel utilization and carbon dioxide emanation may increment by up to 40%. Additionally, stringent administrative standards affect the use the utilization of high cost and condition amicable marine coatings. 

The unpredictable costs of raw materials, for instance, oil subsidiaries, titanium dioxide, and copper may block the worldwide marine coatings market development in the coming years. Value irregularity is for the most part caused by request and supply hole of crude materials in different end utilize segments. For example, unrefined petroleum subordinates discover application in various fields, for example, transportation, enterprises, designing works, and so on. Copper, an imperative crude material for against fouling coatings, discovers real application in electrical and gadgets businesses.

Q: What are the factors responsible for the growth of the marine coatings market worldwide?

A: There has been a rising focus on the results of erosion and expanded interest for better execution from the coatings utilized for consumption controls. Be that as it may, there are couple of parameters influencing covering applications, for example, film thickness, technique for application, natural controls among others. Covering absconds amid applications (lists, cissing, runs, orange peel, splitting or mud breaking, over thickness, under thickness, coarseness considerations, over showers, human blunders), in-benefit covering disappointments (shop preliminary disappointment, through film breakdowns, weld consumption, calcareous store included covering disappointments, turn around affect harm, poor surface arrangement, stretch related covering disappointments) are a portion of the restrictions influencing the market. Capacity of new innovation defensive coatings to diminish erosion over broadened periods is a vital patron in shielding the capital interest in the structure of a vessel. 


These new innovation coatings are the main line of resistance against the destructive marine condition. Increment in client inclination for eco-accommodating items is an essential driver saw in the worldwide marine market. The changing client inclination for economical items because of increment in ecological direction and limitations is encouraging the makers to utilize eco-accommodating items. This thusly is required to drive development amid the gauge time frame. A large portion of the significant members now offer fluororesin or silicone-based foul-discharge items. The foul-discharge innovation brings about feasible fuel sparing in vast freight ships which expend a ton of fuel. The need to bring down fuel utilization is a solid market driver.

Q: What geographical regions are expected to be market leaders? 

A: Europe and North America are key markets too since they create huge interest for marine coatings. The shale gas insurgency in the U.S. in North America has increased the requirement for high remote ocean vessels, for example, oil transporters, tankers, LNG tankers, and LPG tankers, accordingly driving up interest for marine coatings. Once more, Germany in Europe expends greatest marine coatings. Dominant part of organizations working in the marine business in Europe are situated in Germany, Greece, Italy, Norway, and the Netherlands. Hence, these nations are the most lucrative markets for marine coatings.

Some of the leading players of the global marine coatings market are Hempel A/S, Akzo Nobel N.V., Chugoku Marine Paints Ltd., Jotun A/S, and PPG Industries Inc.

Global Commercial Robotics Market to Grow Due to Increase in the Usage of Robotic SolutionsGlobal Commercial Robotics Market to Grow Due to Increase in the Usage of Robotic Solutions

The global commercial robotics market is prognosticated to witness a significant growth in the coming years. The market has been flourishing exceptionally since past few years because of increase in the usage of robotic solutions to perform several tasks in various industries. According to a recent report by Transparency Market Research, the global commercial robotics market is growing notably with an evidently strong CAGR of 24.4% during its forecast period from 2017 to 2022. The market in year 2017 was evaluated to be worth US$ 5.9 bn. This market value is estimated to reach worth US$ 17.6 bn by the end of forecast period.

What are the driving factors influencing the growth of commercial robotics market?

Relentless development of the healthcare sector has been very crucial for the global commercial robotics market over the most recent couple of years. The healthcare robotics part has created at a quick rate in the current past because of developing affirmation of its advantages in the human services division, which has prompted developing venture from driving restorative industry players. The global commercial robotics market has developed significantly over the most recent couple of years because of the developing utilization of mechanical arrangements in various enterprises. Automated gadgets offer critical advantages over regular methods in various ventures, which is probably going to empower smooth development of the global commercial robotics market in the coming years. The global commercial robotics market is along these lines set to thrive from the fast development of the mechanical segment in various nations, including creating areas.


As per the product type, which is the dominant segment for of commercial robotics market?

Based on the product type, the global commercial robotics market is fragmented into autonomous guided robots, medical robots, field robots, drones, and others. The medical robots are probably going to remain the dominant segment in terms of demand for the commercial robotics in the global market in the near future. The medical robots fragment of the global commercial robotics market was anticipated to be worth US$1,925.2 mn in year 2017. This estimated value is likely to reach around US$3,916.6 mn by the end of 2022, with approximately 41.3% of the global commercial robotics market. This segment records the annual growth of US$398.3 mn. The outright development of the medicinal robotics field speaks to a yearly development of, more than all other segments of the worldwide commercial robotics market. However, drones and autonomous guided robots are likewise liable to witness noteworthy request in the commercial robotics market in the coming years.

What makes North America a leading region in the global commercial robotics market?

According to the geographical regions, the global commercial robotics market is segmented into North America, Asia Pacific, Europe, Japan, and Middle East and Africa. The market is however, anticipated to be dominated by North America region in coming years. In this region the market was anticipated to grow around worth US$ 2.6 bn in 2017. This evaluation figure is likely to reach around US$ 7.6 bn with a strong CAGR of 24.1% within the forecast period. Owing to a significant role and position in the market, the North America has been able to secure its position in the global market. The Europe commercial robotics market is likewise liable to assume a noteworthy part in the global commercial robotics market. The region is probably going to make a flat out market value worth around US$ 3.0 bn over the estimated period, making it a noteworthy segment for players hoping to build up a firm establishment in the global commercial robotics market. Japan is additionally prone to be a noteworthy player in the global commercial robotics market in the coming years, with the territorial market set to ascend to US$899.8 mn by 2022 at a 21.7% CAGR in the predicted time period.

KUKA AG, iRobot Corporation, Honda Motor Company Ltd., Omron Adept Technologies Inc., Accuray Inc., Alphabet Inc., and Amazon Robotics LLC, Yaskawa Electric Corporation, and 3D Robotics Inc. are some of the giants in the commercial robotics industry which are constantly working to come up with more user friendly products to sustain their position in the market.

Global Gummy Vitamins Market Catering to Children with Deliciousness

While rural communities lack the awareness and infrastructure, urban populations are failing to intake balanced diet owing to ill-eating habits driven by restless lifestyle. Both these masses are potential consumers for the market of gummy vitamins, which have emerged as strong alternative to nutrition supplements that must be taken to avoid various vitamin-deficiency diseases. Gummy vitamins are easy to be fed to children, help in filling nutritional gaps, and prompts adults to take their vitamins without smelling burps. A recent business and commerce study by Transparency Market Research (TMR) has observed that vitamin deficiency diseases such as blindness, beriberi, pellagra, scurvy, and rickets are highly prevalent across the world and consequently, the demand in the global gummy vitamins market will expand at a healthy CAGR of 5.2% during the forecast period of 2017 to 2025. The report has estimated that the opportunities in the global gummy vitamins market will reach a valuation of US$4.17 bn by the end of 2025, significantly up from its evaluated worth of US$2.68 bn in 2016.

Which factors will ensure a prosperous future of gummy vitamins market?

Ubiquity of smartphones has given strong traction to social media, which in turn has radically increased the awareness among large masses regarding the need for supplements such as vitamin A, C, E, and K on a routinely basis. As the trend of healthy living and fitness spreads among larger populations, people are quickly shifting towards gummy vitamins instead of capsules. Same delicious benefits, along with availability in different taste, shape, and color, has helped children consuming their supplements. In addition to that, owing to their structure, gummy vitamins are digested and absorbed quicker than traditional alternatives. These all factors are expected to favor the prosperity of the global gummy vitamins market in the near future.

Which market segments are poised for stronger growth?

Product-wise, the TMR report segments the global gummy vitamins market into single vitamin, which is further sub-segmented into Omega & DHA, Vitamin C, Biotin, Vitamin D, CoQ10, Melatonin, High-fiber Formulas, and others, and multivitamins. Out of these, currently, the multivitamins segment serves the maximum demand, which is a reflection of development of new formulations in taste and shape. With the availability of advanced pathology practices, consumers are now well aware of their deficiencies, which can be multiple most times, and prefer taking compounds that makes up for digesting individual pills. That being said, the single vitamin segment is also gaining favor among population who only have one vitamin deficiency.


Which geographical region is showing most potential?

As per the projections of the TMR report, the demand in the North America gummy vitamins market will expand at a CAGR of 5.0% during the forecast period of 2017 to 2025, with the revenue expected to reach US$1.64 bn by 2025. At the second position in terms of demand for gummy vitamins is the region of Europe, which is anticipated to serve a demand worth of US$741 mn by 2025.

What is the nature of competitive landscape?

Bayer AG currently leads the global gummy vitamins market, dominating via its diverse product portfolio that targets consumers of all ages, higher allocation on product development, and strong supply chain model. Some of the other prominent vendors of this market are: Boli Naturals LLC, ABH Labs, LLC, F. Hunziker + Co AG, Vitakem Nutraceutical Inc., Gimbal Brothers, Inc., Ferrara Candy Company, Ernest Jackson, Melrob Group, Santa Cruz Nutritionals, Makers Nutrition, LLC, Nutra Solutions USA, Contract NUTRA, Softigel, and Sirio Pharma.

Reduced Cost of Operation and Increased Production Capacity to Fuel Growth of Pharmaceutical Continuous Manufacturing Market

Pharmaceutical continuous manufacturing requires less manual intervention and are thus gaining popularity. Using this technology, active ingredients are produced in compact and closed units, leveraging automation. Pharmaceutical continuous manufacturing helps in bringing about continued utilization of production capacity, which in turn improves yield, decrease fluctuations in the production process, and therefore results in reduced cost of operation. The advantages of this manufacturing process are increasingly being realized and this leading to rapid adoption of pharmaceutical continuous manufacturing, boosting its market worldwide. A leading market research firm Transparency Market Research (TMR) estimates that the global pharmaceutical continuous manufacturing market will rise from US$1.74 bn in 2016 to be worth US$3.693 bn by 2025, exhibiting a CAGR of 8.8% from 2017 to 2025.

The expert market analysts from TMR answer three important questions pertaining to this market in the following blog post:

Q. What are the factors driving the growth of the global pharmaceutical continuous manufacturing market?

The superior development speed of pharmaceutical continuous manufacturing technology is one of the key reasons boosting their adoption. This technology ensures enhanced process safety when handling hazardous chemicals. Pharmaceutical continuous manufacturing technology also gives an opportunity to perform reactions which cannot be done in batch processing. All these factors are anticipated to fuel the growth of this market across the globe. The growing incidences of various diseases and thus, the heightened demand for treatment are also expected to drive the growth prospects of this market. pharmaceutical continuous manufacturing technology is slated to succeed on account of the maturing of a mix of sophisticated technologies which is resulting in automation, better equipment and accurate monitoring.

Q. Which region is anticipated to emerge most attractive in the pharmaceutical continuous manufacturing market in the years to come?

Of the key geographical areas such as Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa, Europe is currently leading with maximum shares. Europe accounted for over 35% of the total market in 2016 on account of the escalating demand for superior technology from contract manufacturing organizations and pharmaceutical companies. It is also estimated that Europe will continue to lead and hold its position in the market for the years to come. In addition to this, the European market for pharmaceutical continuous manufacturing will expand at a rapid pace and be the fastest growing regional market too. The availability of advanced technologies and increasing number of technology providers are expected to be key reasons for the growth of this market.

Request and Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=20840

Q. Which application segment is leading in the global pharmaceutical continuous manufacturing market?

Of the key application segments of the global pharmaceutical continuous manufacturing market such as dry powders, biologics, and active pharmaceutical ingredients, the market for biologics is leading. In the year 2016, the biologics segment accounted for over 35.3% of the market. The pharmaceutical ingredients segment was in second position in 2016. This trend is likely to continue in the coming years. 

Life Science Microscopy Devices to Witness Notable Growth Due to its Exceptional Operational Capabilities

The global life science microscopy devices market is foreseen to witness a significant rise in the coming years. There are several microscopes in the market for various purposes and with operational abilities. Optical microscopes for example phase contrast, stereo microscopes, and fluorescence microscopes work on the phenomenon of reflection of lights. Another type of microscope which work on electron beam properties in order to reflect and magnify the images and electron microscope. Such various purposes of microscopes in different fields have contributed in the steady growth of the life science microscopy devices market. As per the report by Transparency Market Research (TMR) the global demand for life science microscopy devices is likely to soar with a moderate CAGR of 6.5% within the forecast period from 2016to 2024, with the expected worth of US$ 2.0 bn by the end of 2024. The value of the concerned market in year 2015 was evaluated to be worth US$ 1.1 bn.

What outstanding features and applications drive the life science and microscopy devices market?

Due to the emergence of usage in various sectors such as material science, semiconductors technology, nanotechnology, and other life science sectors, the surge in demand for microscopy devices is anticipated to grow as well. New and propelled microscopic instruments are being launched in the market which are empowering specialists around the globe to go down at minute and detailed levels, and examine the cells, materials, and with high accuracy and 3D imaging services. Moreover, with the advancement in technology with advent of integrated microscopes furnished with all the fundamental and extra features, for example, high resolution camera, imaging instruments and technique such as Raman spectroscopy, and several other features are relied upon to drive the development of the microscopy gadgets in the life science field. Howbeit, due to emergence of lot of players in the market there has been a significant rise in the competition in the market. This is likely to hamper the market growth in the coming years.

Which segment dominated the market due to its varied usage in the global market?

On the basis of device type, the global life science microscopy devices market is broadly segmented into electron microscopes, scanning probe microscopes, and optical microscopes. However, the market was analyzed to be dominated by optical microscope in year 2015. This segment comprises of inverted microscopes, near field scanning microscopes, fluorescence microscopes, phase contrast microscopes, confocal scanning microscopes, stereo microscopes, and several other varieties of microscopes. The growing demand of microscopes in developing countries, especially in healthcare industry including clinics, laboratories, pathology, toxicology and pharmacology applications are also adding up to the growth in the market.


What factors fueled up the growth of microscopy devices in North America Market?

Apart these, based on geographical regions, the market is segregated into Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. North America reigned the microscopy devices market in 2015 accounting 47.3% of the entire market shares. The major reason behind this surge is the increase in funding provided for the research and development in life science and biomedical department. This factor is expected to keep on fueling the region’s growth in coming year as well. Europe is following the race, where it emerged as the second leading region in the market in the following year. Nonetheless, Asia Pacific Market is foreseen to surpass all the region and dominate the entire global market for life science microscopy devices holding a steady CAGR in coming years.


Some of the key players in the industry are Nikon Corporation, JOEL Ltd., Hitachi High-Technologies Corporation, Carl Zeiss Microscopy GmBH, NT-MDT, Olympus Corporation, Bruker Corporation, FEI Company, Leica Microsystems, and Cameca SAS. Each of them is striving to develop more precise and accurate products to sustain their market position, along with providing customer satisfaction and being easy on pockets as well.

Demand for Gummy Vitamins to Soar as Cases of Under-nourished Children Increase

Among children, gummy vitamins have gained much popularity as this product was pitched as a good alternative to bitter pills. Now however, adults who are health conscious and wish to have better life expectancy are also consuming gummy vitamins. This has resulted in the growth of the global gummy vitamins market. Growing number of cases where people are under nourished and increasing number of children suffering from malnutrition specially in developing nations will also help escalate the demand for gummy vitamins. According to Transparency Market Research (TMR), the global gummy vitamins market is anticipated to rise from US$2.68 bn in 2016 to US$4.17 bn by 2025, expanding at a 5.2% CAGR between 2017 and 2025.

In the following blog post, expert market analysts from TMR answer three important questions regarding the global gummy vitamins market:

Q. Which type of gummy vitamin will be more in demand?

Gummy vitamins are of two types single and multi vitamins. Of these, the demand for multivitamins is much more on account of the growing popularity of these supplements and the development of new formulations, which have improved taste and shape. Multi-vitamins are gaining comprehensive supply chain and distribution management of nutritional supplement. In the years to come, it is expected that companies will have superior production facilities all across the globe and offer innovative products. In the years to come, the single vitamin segment will also witness healthy growth on account of the growing demand for Vitamin D supplements across people belonging to all age groups. Also, the growing usage of omega-3 DHA among pregnant women will push the growth of the single vitamin market.

Q. Which regional segment will witness maximum demand for gummy vitamins?

The high uptake of dietary supplement among the health conscious adults as well as old age people wishing to up their daily nutrient intake have led to North America being the leader in teh global gummy market. Others factor fueling the growth of the market are high disposable income of the people and the growing number of product developments by key and keen players. North America is anticipated to expand at a 5% CAGR from 2017 to 2025 and be worth US$1.64 bn by 2025. Europe is anticipated to be the second leader in the gummy vitamins market after North America. The European market will be worth US$741 bn by 2025, driven by a strong demand for this product as well as innovations in the gummy vitamin formulations. The factor that is restricting the growth of the gummy vitamins market is the stringent regulations regarding these supplements in Europe.

Request and Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31889

Q. Which factors will restrict the growth of the global gummy vitamins market?

The side effects relating to the overconsumption of gummy vitamins is a major challenge which is hampering their demand and the reason why people are refraining from consuming them. Also, several nations in the world have strict regulations that limit the consumption of gummy vitamins. In the under-developed or developing economies, the awareness about the benefits of gummy vitamins is low. This is also acting as a growth impeder. The risks associated with daily consumption of any vitamin are creating negative publicity and this will deter many people to seek alternative ways to healthy and balanced diet and lifestyle.

Prevailing Cases of Infertility to Fuel the Demand for In-Vitro Fertilization in the Global Market


The boost in the demand for global in-vitro fertilization market can be credited to the growing number of cases with infertility in both men and women since past few years. According to a recent report by Transparency Market Research (TMR) the global market for in-vitro fertilization is anticipated to demonstrate a steady and flourishing growth in coming years. It is foreseen to hold a strong CAGR of 6.5% within its forecast period from 2017 to 2022. In year 2017 the market was evaluated to be worth US$ 29.8 mn. This figure is likely to soar around worth US$ 725.9 mn by the end of forecast period 2022. The rising predominance of infertility due to lifestyle-induced components, combined with the inclination of couples to defer family planning, has highlighted the interest for IVF in different developed and developing regions. The maintained concentration to address the developing worries of male infertility all around the world, fundamentally disturbed by hereditary elements, has reinforced the interest for IVF as of late.

Change in Lifestyle to be Responsible for the Growth of In-Vitro Fertilization Technology

The rising number of couples, men or ladies, enduring with different anatomic factors, for example, endometriosis and tubal illness, ovulatory ailments, and unexplained instances of infertility in different parts of the world is a key pattern feeding the interest for in-vitro fertilization medications. The commonness of infertility can be credited to an amalgamation of elements, for example, hereditary, unprotected intercourse, and way of life actuated. However, the danger of fizzled IVF cycle is a key factor liable to obstruct the market. Then again, late headway in advancements and the developing mastery of clinicians are factors anticipated that would address this worry.

The expansion in the quantity of known hereditary issue in developed countries among ripe couples likewise looks good for the in-vitro treatment market. These couples choose IVF to keep the transmission of the illnesses to their children. The wide accessibility of hereditary tests in various propelled countries is foreseen to additionally support the recognition of these hereditary issue, consequently powering the interest for IVF systems. The accessibility of routine protection scope for IVF methodology is picking up footing in a few created and creating nations, which is required to open up lucrative market roads. This is additionally anticipated that would cut down the cost of treatment.

Asia Pacific to Witness a Significant Growth in the Market Demand for IVF

The major regional market is segmented into North America, Middle East and Africa, Europe, Asia Pacific, Latin America, and Japan. Of these, the Asia Pacific holds the significant income of the worldwide market in 2017 and is relied upon to hold its predominance in coming years as well. Ascending at a CAGR of 6.7%, the regional in-vitro fertilization market will achieve a value US$235.9 mn before the finish of the conjecture time frame. The strength is ascribed to ideal government activities and a thriving healthcare tourism in a few developing countries. The North America in-vitro fertilization market is anticipated to ascend from US$141.3 mn in year 2017 to worth US$196.1 mn before the end of year 2022. The regional market is expected to ascend at a noteworthy CAGR of 6.8% amid the forecast period. Consistent progressions made in IVF advancements and developing protection scope are key variables highlighting the local market. Besides, the development is probably going to be filled by rising rate of infertility in the region.

Request and Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12698

Europe to Lose its Interest Rate in Terms of Revenue in Coming Years

In the interim, Europe in-vitro fertilization market is also anticipated to lose somewhere in the range of 44 BPS between 2017 and 2022. By 2017 end, the worldwide share of the local market is evaluated at 19.9%, in terms of revenue. Cook Medical, Vitrolife AB, CooperSurgical, EMD Serono, Inc., Genea Ltd., Fertility Focus Ltd., Thermo Fisher Scientific, Inc., Merck KGaA, Ovascience, Inc., Rocket Medical PLC, are some of the leading firms reigning the global in-vitro fertilization market.

Improved Healthcare Services to Boost the Market Demand for Dermatology Diagnostic Devices and Therapeutics

The global dermatology diagnostic devices and therapeutics market is prognosticated to witness a tremendous growth in coming years. Several key players are likely to work on expanding their distribution networks and geographical outreach to come up with more innovative solutions in coming times and also to remain competitive in the market. As per the report by Transparency Market Research (TMR) the global demand for dermatology diagnostic devices and therapeutics is anticipated to lead its market value to be around US$ 21.0 bn by the end of 2024. This value was evaluated to be worth US$ 18.5 bn in the year 2015. Moreover, the global dermatology diagnostic devices market is expected to showcase a healthy growth with a strong CAGR of 7.1% within the forecast period from 2016 and 2024. This market was evaluated to be worth US$ 595.6 mn in the past, which is likely to reach around US$ 1,095.1 mn in coming years. By far, the dermatology therapeutics market is foreseen to be a dominant one among both the components with the evaluated worth of US$ 20 bn by the end of forecast period.

How air pollution is being the major reason for the rise in demand for dermatology diagnostic devices and therapeutics?

The rising problems in terms of air pollution in developed economies is one of the key drivers for the global dermatology diagnostic devices and therapeutics market. The high prevalence of air contamination has prompted an unfaltering increment in the emergence of dermatological conditions and is probably going to be assumed a key part in the rising demand for the dermatology diagnostic devices and therapeutics market in the coming time because of the quick pace of urbanization and industrialization over the world. Apart this, the rise in the number of geriatric population is likewise prone to help development of the global dermatology diagnostic devices and therapeutics market in the coming times as well. Not just that, but anti-ageing products also include as a vital element of the cosmetic industry worldwide and are probably going to contribute altogether to the dermatology diagnostic devices and therapeutics market in the coming years.

The high predominance of skin issue and conditions has brought alerts up in the field of dermatology, clearing route for an extensive variety of dermatology diagnostic devices and therapeutics. Skin conditions, for example, rosacea, cell carcinoma, skin inflammatory disease - eczema, skin break out, pruritus, dermatitis, and psoriasis among others have made a smooth pathway for the development of dermatology diagnostic devices and therapeutics. The global market is likewise prone to be driven by rising interests in the innovative work of novel dermatology therapeutics as well.

What are the dominating segments in dermatology diagnostic devices and therapeutics market supporting the overall growth?

On the basis of drug class the global dermatology diagnostic devices and therapeutics market is segmented into retinoids, antibacterial agents, antifungal agents, corticosteroids, biologics, immunosuppressants, and antiviral agents. If reports are followed then the antibacterial drugs segment is anticipated to lead the market in coming years with a growing CAGR of 3.3% within the forecast period. The imaging division is further divided into ultrasound, optical coherence tomography (OCT), X-ray, magnetic resonance imaging (MRI), and others.


What factors make North America region to lead the race among other regions?

As per the geographical regions, North America is anticipated to lead the global market as it held a major section of share of 43.8% in the global market in the year 2014. The simple availability to healthcare services, and high awareness about skin diseases, reasonable healthcare facilities are anticipated to drive the local market. The North America dermatology diagnostic devices and therapeutics market is likewise observe a breathtaking ascent as the region has a solid nearness of pharmaceutical organizations and incredible repayment approaches. Asia Pacific and Europe, then again, are relied upon to witness a spurt of development also in coming years. The expanding use on medicinal services in the developing economies is relied upon to be critical to the market development in this region.

Dino-Lite Europe/IDCP B.V., Agfa-Gevaert N.V., Genentech, LEO Pharma A/S, Michelson Diagnostics Ltd., Novartis International AG, Astellas Pharma, Inc., Cutera, Inc., Galderma S.A., Valeant Pharmaceuticals International, Inc. are some of the leading firms in the global dermatology diagnostic devices and therapeutics market. 

Ubiquity of Smartphones Driving Global NFC Chips Market

Near field communication (NFC) chips, or the technology as a whole, has emerged as something very useful that can be used in laptops, smartphones, and tablets for a data exchange over a short range of about 10cm or less. NFC chips are an array of protocols based over a wireless interface that works with electronic gadgets and other communication devices to establish radio communication when in proximity. On account of the convenience and versatility that NFC chips offer, the market for the same has expanded quickly as these chips can help in enhancing safety. In addition to that, the growing need for secure transactions can be felt worldwide and this is boosting the growth of the NFC chips market. NFC requires PIN and does not provide retailers with credit card information about users and thus, more secure. 

A recent business and commerce study by Transparency Market Research reiterates the expanding demand for NFC chips, projecting the revenue in the market to increment at an impressive CAGR of 26.0% during the forecast period of 2016 to 2024. The report has evaluated that the opportunities in the global NFC chips market were worth US$1.35 bn in 2015, which will exponentially rise up to US$10.62 bn by the end of 2024.

Which factors are favoring the global NFC chips market?

Growing adoption of smart appliances, trend of mobile commerce, growth in the production of NFC chips and mobile phones, enhanced user experience and trust in contactless technologies, and decline in the prices of these chips are some of the key factors augmenting the demand in the global NFC chips market. On the other hand, inability of these chips to expand to longer range communications, lack of consumer awareness (especially in the rural areas of emerging economies), lack of proprietary standards, disagreement and disputes between key players in the value chain, and need for intermediaries gateway for mobile payment are a few challenges that are obstructing the prosperity of the NFC chips market. Nevertheless, the vendors operating in this market will continue to gain new opportunities from integrated ICS supporting NFC, Wi-Fi, and Bluetooth, growing need for connectivity between different devices, and online and in-store payment.


Which market segments are showing greater promise?

Application-wise, the TMR report segments the global NFC chips market into television, smartphones, car, medical equipment, and others. Currently, the segment of smartphones has been providing the maximum demand in the NFC market. Rapid ubiquity of smartphones and growing adoption of newer technologies is aiding the prosperity of this segment. The medical equipment and television segments are not far behind in terms of growth. The increasing disposable income of consumers worldwide will lead to a healthy growth of the television segment.

Geographically, the report picks out North America as most lucrative region for the vendors operating in the NFC chips market, wherein 34% of the demand came in 2015. However, Asia Pacific is anticipated to emerge as the dominant regional market for NFC chips by the end of the forecast period. The APAC NFC chips market is estimated to expand at an above-average 27.90% CAGR between 2016 and 2024 on account of the growing penetration or use of smart phones in the region.

What is the nature of competition among the leading companies?

NXP Semiconductor dominated the global NFC chips market in 2015, reserving 55% of the market shares, and the company is expected to retain its position of strength by the end of 2022. Qualcomm Inc., STMicroelectronics, Broadcom Corp., Texas Instrument, and AMS AG are some of the key prominent companies operating in this market.

Robotics Market: High Demand for Unmanned Aerial Vehicles from Defense Sector to Drive Market Growth

The global market for robotics is expected to be dominated by a handful of established players in the market such as FANUC Corporation, iRobot Corporation, Barrett Technology LLC, John Deere, and Clearpath Robotics among others. These companies are constantly striving to gain an upper hand in the overall market and are thus indulging into strategic business activities such as mergers, acquisitions, joint ventures, and partnerships to strengthen their market presence. Moreover, these companies are also focusing on offering better services to consumers by launching newer and innovative products and thus bolster their consumer bases. Recently, to keep up with the existing competition in the global robotics market, FANUC has been consistently concentrating on the activities of research and development. It launched new products called M-710iC/45M, CR-35iA, and M-710iC/12L in the year 2015 to maintain its competitive edge. For each line of product consisting of RoboMachines, factory automation, and robots, the company has set up business branch as a part of marketing strategy against the slow paced recovery of certain geographical sectors. 

The global market for robotics stood at an overall valuation of US$44.13 bn in the year 2017. This valuation is expected to reach a figure worth US$154.30 over the course of the given forecast period of 2017 to 2025. The market growth is projected to be achieved with the help of a very strong CAGR of 15.5% over the course of the same forecast period.  

Why Defense Sector Leading in Demand for Global Robotics Market?

The global market for robotics have been projected to take advantage of the heavily investments made by the defense sector across the world to develop and manufacture unmanned aerial vehicles. The fast growth in the demand for technologically advanced unmanned airborne vehicles in the defense sector could be because of their applications in wide areas such as bombing, image capturing, and surveillance. Military drones brag of less collateral damage and enhanced accuracy of their weapons compared to other types.

Request to download and view full ToC @https://www.transparencymarketresearch.com/report-toc/32000

The deployment of robotics has increased at a great pace in multiple industries over the last few years. With a vision to serve patients effectively, robotics technology have been significantly adopted by hospitals as well as the companies operating in the healthcare sector. Robotic technology can effective administer several medical operation and show an improved accuracy. Banking on the rapid growth in the emerging economies, the demand for robotic operations and surgeries have been projected to drive the overall growth of the global market. 

The global market for robotics has been forecasted to gain strong momentum on the back of an increased requirement for industrial robots on account of their outstanding efficiency in the workspace. Industrial robots can operate in factories and warehouses without causing any modification to the general structure or layout of the premises. In addition to this, they could also modify their paths should there be any hindrances in the facility. 

What Factors may Impede Growth of Global Market?

One of the chief restraining factor for the development of the global robotics market is the high initial cost of these robotics equipment. Moreover, the maintenance and procurement cost of these robotics equipment is also high and may discourage many vendors. However, the continuous research to develop cooperative robots has been projected to create numerous lucrative opportunities in the global robotics market. 

Latest Post

Market Research Reports