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The market research report “Precision Gearbox Market Size By Product (Parallel, Right Angle, Planetary), By Application (Military & Aerospace, Food Beverage & Tobacco, Machine Tools, Material Handling, Packaging, Robotics, Medical), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, China, Japan, South Korea, India, Brazil, Mexico), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026.

Precision Gearbox Market Size is expected to surpass USD 3.1 billion by 2026. Rising automation across several end-use sectors will boost demand.

Some major findings of the precision gearbox market report include:

Ø Escalating automation and use of robotic control systems as operating equipment will improve operational accuracy and reliability.

Ø Growing use of precision gearbox for various end-use applications to alter torque under precise speed limits will drive growth in the market.

Ø Technology advancements and use of automated machineries and instruments will positively drive in precision gearbox industry.

Ø Highly fragmented market with larger number of manufacturers across the world. Few of the eminent players in the precision gearbox market includes Siemens, Emerson, SEW Eurodrive, Rexnord, Brevini Power Transmission and Bonfiglioli.

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Precision gearbox usually helps to maintains torque under specific speed limits. Moreover, these gearboxes also provide high reduction ratios that increases its demand in machine tools, robotics, and materials handling applications. Recent advancements in robotics and increase in use of automated machinery for various operations such as material handling or inspection, machining, processing, and assembly by several end-use sectors will increase the use of precision gearbox in the coming years. In addition to this, use of precision gearbox in manufacturing sector will not only improves the production rate and labor productivity but also reduces labor shortage and manufacturing lead time. This in turn will surge the use of precision gearboxes over the forecast spell.

Escalating use of direct drive motors may hamper precision gearbox market over the near term. Direct drive motors prove to be a suitable substitute for the high priced precision gearboxes in some application areas. Nevertheless, growing popularity of these gearboxes for military & aerospace and medical applications in order to increase the operational efficiencies will further boost precision gearbox market size by 2026.

On the basis of product, the industry is segmented into right angle, planetary, and parallel precision gearboxes. The right angle precision gearboxes account for a reasonable share in the overall product revenue and is likely to increase with a significant CAGR of more than 4% over the anticipated timeframe, which is due to its compact design and ability to be combined with other gearboxes. Moreover, these gearboxes also find wide usage in applications that require high operational torque under precise speed limits.

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Increasing use of precision gearboxes in robotics, military & aerospace, and food, beverage & tobacco will drive its growth in the coming years. Moreover, increasing automation or use of automatic controlled machines will further expand its usage in materials handling, machine tools, medical, packaging, and other applications such as woodworks, rubber & plastics, etc.

North America accounts a fair share of more than 20% of overall revenue in 2018 and will grow with a significant rate from 2019 to 2026. Owing to huge spending on military & aerospace activities. For instance, U.S Department of Defense has allocated more than USD 693 billion for military & defense budget in 2019. Additionally, increasing investments in space exploration activities will further drive use of precision gearboxes in the coming years.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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The market research report “(DCIM) Data Center Infrastructure Management Market Size By Component (Solution [Asset Management, Network Management, Cooling Management, Power Management, Security Management], Service [Installation & Integration, Managed, Consulting]), By End-Use (Colocation, BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2026”

 (DCIM) Data Center Infrastructure Management Market size is expected to exceed USD 4.5 billion by 2026. Rising data center IP traffic and increasing demand for intelligent physical infrastructure for supporting IT assets will drive the market growth over the forecast timespan.

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Some major findings of the DCIM market report are:

Ø Increase in consumer and business applications is contributing to the growing dominance of cloud services globally. The growing adoption of social networking, streaming video, and internet searches along with business applications, such as Enterprise Resource Planning (ERP), collaboration, and digital analytics applications, are increasing data generation

Ø According to Cisco Systems, it is estimated that the global data center IP traffic will reach 19.5 ZB by the end of 2021, up from 6.0 ZB per year in 2016

Ø Rising data traffic and the need to manage massive data & cloud resources are encouraging companies to invest in the construction of hyperscale data centers globally

Ø Key players operating in the industry are Vertiv Co., CommScope, Inc., Rittal GmbH & Co., KG, STULZ GmbH, Siemens AG, Schneider Electric, Cisco Systems, Inc., CA Technologies, and ABB Ltd.

Ø Players are focusing on the development of advanced features and functionality in DCIM software

Ø The growing trend of virtualization impacting data centers led to the increased demand for DCIM systems for managing IT infrastructure and physical resources for virtualized environments

The growing adoption of cloud computing resources has led to the increased demand for the construction of data centers. Players are investing highly in the construction of new hyperscale data centers, propelling the demand to efficiently monitor and evaluate data center components and infrastructure, thereby driving the DCIM market growth. For instance, in March 2018, Facebook announced to invest USD 750 million for the construction of a hyperscale data center facility in Newton County, Atlanta. Additionally, according to Cisco Global Cloud Index, 2015–2020, the number of hyperscale data center facilities globally is expected to grow from 338 in 2016 to 628 by 2021, majorly in the U.S. and China, followed by Japan, the UK, and Germany

In 2018, managed services accounted for around 35% of the industry share. These services allow businesses to manage and secure critical IT services including colocation & data centers, Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and cloud computing. Service providers are helping data center operators in effectively managing resources by providing visibility and control of their inventory and IT infrastructure assets. Moreover, outsourcing these solutions offers several benefits, such as planning & management, enhanced power tracking, control & operational optimization, capacity utilization, and reporting capabilities, to support global expansion.

Healthcare applications will grow at 20% CAGR over the forecast timeline due to the increase in investments in healthcare infrastructure and the need to scale data center capacities. This growth is largely facilitated by the increase in data collected by medical practitioners such as the complete medical history of a patient, prescriptions & diagnosis information, and information of the doctor or the surgeon. In such cases, the need for effective DCIM software is vital to the operations of the industry.

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There is a growing adoption of cloud computing, big data, and IoT technology in Latin America. Cloud service providers, such as Microsoft Corporation and Google LLC, have increased data center construction activities in the region. Such companies are investing highly in these solutions to monitor the operations of high-density components and reduce operational costs. These solutions provide regular maintenance of the infrastructure and reduce infrastructure energy consumption, which will help enterprises in improving efficiency.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Automotive Air Intake Manifold Market is supposed to reach close to USD 50 billion by 2026. Adoption of regulatory norms & standards associated with emission & fuel efficiency will positively influence the product consumption in upcoming years. 

The fuel economy of automobiles is hugely dependent on weight and engine efficiency. As the weight of automobiles increases, the requirement of inertia and rolling resistance increases along with it, thereby affecting overall fuel efficiency. The automobile manufacturers are obtaining weight reduction through use of lightweight alloys and plastics without compromising on consumer safety and performance. Huge savings in energy costs and cutting down of CO₂ emissions can be achieved by weight reduction. These aforementioned trends will generate the need for technologically modified products and propel the automotive air intake manifold market growth in future.

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Some major findings of the automotive air intake manifold market report include:

Ø Light commercial vehicles segment will grow rapidly due to favorable trends associated with online business platforms and global logistics environment

Ø Automotive air intake manifold manufacturers are using plastic based materials during production as they offer astounding weight reduction benefits

Ø Passenger cars will lead the industry owing to rising spending propensity of people and supportive government policies

Ø The key manufacturers in the industry are Magneti Marelli, Donaldson, ESTERLE Mold and Machine, Holley Performance, AISIN SEIKI Co., Ltd., MIKUNI CORPORATION, MAHLE GmbH and Sogefi SpA

Automotive air intake manifold may experience significant threat in future due to excessive overhead costs. Moreover, if the product gets damaged the replacement costs are considerably high, which may negatively influence the automotive air intake manifold growth within the forecast period. Continuous research and development activities in order to create new product variants with improved operational performance will aid in reducing damaging rates.

Automotive air intake manifold market is segmented on the basis of vehicle, material, manifold, manufacturing process and distribution channel. Heavy commercial vehicles will clutch a revenue of more than USD 5 billion by 2026. These vehicles are specifically used by logistics and transportation sector companies for logistics purposes. Magnesium will register a little less than 20% of the market share by 2026. The material is widely used as it is lighter in weight than aluminum and cast iron, and offers excellent strength and superior castability.  

EFI manifold segment will cross USD 8 billion till the end of forecast period. This segment will grow due to self-mapping fuel technology and ease of installation. Additionally, EFI’s ability to offer accuracy, precision and effective cold starting will catapult the segment’s growth in upcoming years. Single plane manifolds will grow at a CAGR over 5% by 2026.  Casting process will grow popular over the coming years, generating a revenue close to USD 20 billion by 2026. The method is used on a large basis due to high production rate, dimensional accuracy, and better finishing techniques.

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Asia Pacific will account for close to half of the overall market, and will be the fastest growing region in the industry within the forecast period. Huge number of automotive production facilities, favorable government initiatives, and changing consumer preferences will trigger the automotive sector in upcoming years. These trends will positively influence the product sales in upcoming years.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Automotive Aftermarket Size is expected to reach USD 1,430 billion by 2026. Continuous upsurge in vehicle parc will induce significant growth potential in the industry landscape.

Some major findings of the automotive aftermarket report include:

Ø Growing adoption of advanced driver assist system in vehicles

Ø Rising inclination of consumers towards e-commerce

Ø Technological advancements to develop vehicle diagnostics tool

Ø Strategic mergers and acquisition by industry participants to expand regional presence. Major industry players include 3M, BASF, Continental AG, ZF Friedrichshafen AG and Federal-Mogul Holdings among others.

Increasing average age of automobiles has led to an upsurge in demand for repair & maintenance services. The deteriorating standard of road infrastructure in emerging economies is expected to drive the automotive aftermarket size over the study timeframe. It escalates the wear and tear in vehicle components leading to frequent maintenance requirements.

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Ongoing digitization of service channels and interfaces are providing strong growth opportunities for the industry expansion. Advanced analytics and big data enable the industry players to process and store vehicle usage data for optimizing the value chain. Vehicle data, degree of wear and tear and mileage observations are generating the precise predictive maintenance schedules. For instance, in February 2019, Autodata launched service and maintenance data of existing and new models. The data includes technical information includes wheel alignment data, TPMS information and periodic repair time intervals.

Remote diagnostics is among the emerging trends in automotive services industry. It enables real-time monitoring of automotive parameters to evaluate its performance in line with benchmarks. Additionally, small-scale shops are signing agreements with fleet operators to procure more contracts for maintenance and is anticipated to support the industry expansion.

The stringent vehicle safety regulations mandated by several governments across the globe are pressurizing vehicle manufacturers to incorporate the new safety technologies including ADAS in vehicles. Adoption of ADAS in vehicles is resulting in decreasing vehicle collision incidents. The decrease in human control and rising autonomous vehicle trends will limit the automotive aftermarket industry growth over the study timeframe.

OEM factory fill will foresee steady growth with shifting consumer preferences towards usage of automotive parts provided by the OEM players. The advantages offered by these outlets including long warranty coverage and quality assurance will augment the segment penetration. The development of cost-effective product portfolio and usage of online platforms by industry participants will enhance the industry size.

Exhaust subsegment will witness a progressive growth over the projected time frame. The automotive exhaust system is exposed to elevated temperature as the air from combustion cavity passes through it. The unvarying distribution of high temperature is required to improve the life of exhaust system components. Major components of the exhaust include engine manifold, engine downpipe, catalytic converter, muffler, and tailpipe.

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The average age for on-road vehicles in Europe significantly increased from the last decade. According to European Automobile Manufacturers Association (ACEA), in 2017, the average age of passenger vehicles in EU, rose to 11.1 years, with an increase of 5.71% as compared with 2013. This will significantly support automotive aftermarket market growth in the region.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

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The market research report “Automotive Brake Caliper Market Size By Vehicle (PCV, LCV, HCV, Two-Wheelers), By Product (Fixed, Floating/Sliding), By Piston Material (Aluminum, Steel, Titanium, Phenolics), By Manufacturing Process (High Pressure Die Casting, Gravity Die Casting), By Distribution Channel (OEM, Aftermarket), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” by Global Market Insights, Inc. says Automotive Brake Caliper Market driven by Increasing e-commerce demand in the world to surpass USD 27 billion by 2026 and will witness 3% CAGR during the forecast timespan.

Brake calipers of two-wheelers are predicted to pose a significant growth rate during the projected time span. This growth can be attributed to the rising penetration of electric motorcycles and scooters in emerging economies. Increasing sales of the product due to minimum braking distance and immediate stopping of the vehicle will further escalate the automotive brake caliper market growth over the study period.

Proliferating automobile manufacturing and stringent regulatory norms associated with vehicle safety globally are driving the market share.

Some major findings of the automotive brake caliper market report include:

Ø Stringent regulatory norms and technological advancements including automated emergency braking systems and ABS among others are necessitating the requirement for reliable and efficient brake calipers

Ø Manufacturers across the globe are focusing on improving the product sales by investing in light-weight materials and adopting remanufacturing technologies

Ø Major players operating in the automotive brake caliper market are AISIN Group, Continental, Robert Bosch, and WABCO

Ø Companies are engaged in strategic long-term agreements and contracts with automotive OEMs for expanding their business operations and enhance their market share

Pistons made from phenolics will exhibit significant growth in the automotive brake caliper industry from over the study period owing to the availability of wide range of plastics. These plastics have superior properties including reduced weight, that enhances heat resistance, fuel efficiency, and impart high strength. These can also withstand high compression stresses resulting in increased product adoption.

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Fixed calipers will dominate the automotive brake caliper industry share over the projected timeframe. These calipers consist of an equal number of pistons on both the outboard and inboard halves of the caliper. The fixed calipers have high performance; however, are available at prohibitive price. As the number of pistons installed increases the price of the caliper also increases. Dozens of pistons are installed in the premium and sports cars, thereby increasing performance as well as the cost.

The gravity die casting will account for a considerable share in the global market size. This can be attributed to the capability of producing higher quality and dense castings with superior mechanical properties including improved strength and stiffness. Additionally, this manufacturing process requires lower investment for medium and small volume production, thereby providing a positive outlook for the segment expansion over the study period.

OEMs will dominate the global automotive brake caliper market share over the projected timeframe. This can be attributed to the installation of the calipers during vehicle assembly. Moreover, manufactures are continuously investing in technologies and manufacturing processes for improving the caliper weight and performance. For instance, in July 2019, Carbon Performance launched its line-up of 3D printed automotive brake calipers based on the proprietary automated intelligent platform - SK3L370N.

Middle East & Africa will serve immense growth opportunities in the global market share. It is one of the fastest growing regions with around 3% growth rate over the forecast timeframe. The automobile component suppliers are required to balance the opportunities against the related risks from possible OEM dependencies, legal conditions, and potential political instabilities.

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Some of the prominent industry players include WABCO, Continental, Robert Bosch, AISIN Group, and Brakes International among others. OEMs are focusing on sufficing customer requirements for next-generation vehicles and improving their distribution channel through both offline and online portals.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

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Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

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The market research report “Mobility on demand Market Size By Service (Car Sharing [By Model {P2P, Station-Based, Free-Floating}, By Business Model {Round Trip, One Way}], Ride Hailing, Car Rental [By Vehicle Type {Luxury Car, Executive Car, Economy Car, SUV, MUV}], By Application (Business, Private), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2026.

Mobility on demand market size has been projected to witness remarkable growth prospects due to the growing demand for alternative transportation modes. There is an increasing popularity of conveyance services such as car sharing, ride hailing, among others. Many service providers are directing their efforts toward regional expansion and gaining massive investments from investors, government, and automakers to create a strong service portfolio.

Reports predict that global mobility on demand industry size is slated to surpass USD 250 billion by 2026. Described below are some key factors outlining the forecast for mobility on demand businesses over the coming years:

·        Growing adoption of vehicle sharing apps

Uber has become a household name across numerous developed and emerging economies. Auto manufacturers are also expanding their production capacities by forming strategic alliances, partnerships with other industrial entities. Major players as well as startups are promoting several service platforms such as car rental, carpooling, and others to fulfill the growing demand of transportation from the consumers.

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For example, in April 2019, Enterprise Holdings had announced its plan to introduce a new car subscription service, which will enable customers to pay a monthly fee for its six vehicle options. Moreover, the rising cost of vehicle ownership along with growing demand to curb GHG emissions has bought a tremendous change in automobile usage, which is likely to impact mobility on demand market trends.

The North America region is also witnessing expansion of major prominent players such as Zipcar, Lyft, and Maven that are growing in prominence due to the large customer base and standard work conditions, along with ease in business establishment.

·        Continuous growth of transportation sector

Employing mobility on demand offers consumers the advantages of using a vehicle without any extra financial funds such as maintenance, vehicle lease, repair, and insurance needed for owning a vehicle. With the commencement of mobility concept, the efficiency of transportation system has been improved and increased accessibility is delivered to travelers.

In terms of geographical landscape, U.S. was among the largest mobility on demand markets in 2018 due to the growing population who are adopting these technologies with ease. Manufacturers in this region are offering more options for travelers so that it must be easy for them to choose whatever option best meets their needs.

Large organizations are operating in the U.S. as needs of consumers are shifting with current market trends and giving more emphasis on alternative forms of transportation, asking for more personal choice in mobility. Implementations of these new trends in transportation sector provide opportunities to create an integrated system of mobility choices focused on meeting the user requirements while improving traveler safety.

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·        Deployment of more connected transport systems

The rise in utilization of public transport along with advent of technological advancements is allowing the mobility on demand market to change continuously. As younger generation and working people are now looking for more convenience and affordable options in transportation, numerous industry players are increasing their spending on innovations to improve the efficiency of the services.

The Federal Transit Administration had developed the mobility on demand program to develop automated, efficient, integrated, and connected transportation systems to provide more customized options to users. Governments across the world are also playing a major role in promoting the usage of these on-demand mobility options to lessen traffic congestion, which is increasing day by day, at the same time sustainably maintaining the environmental conditions.

A few of the key participants include Grab, Didi Chuxing, Avis, Uber Technologies, Enterprise Holdings, General Motors, among others. Future mobility on demand industry trends will be considerably influenced by efforts of these companies to expand into other geographical markets.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

The market research report “Fraud Detection and Prevention Market Size By Type (External, Internal), By Component (Solution {Fraud Analytics, Identity and Authentication, GRC, Monitoring and Reporting}, Service {Professional Service, Managed Service}), By Application (Money Laundering, Credit and Debit Fraud, Mobile Fraud, Identity Threat, Electronic Fraud), By End-Use (Banking, Insurance, Government, Healthcare, E-commerce, Education), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Denmark, Netherlands, Sweden, China, Japan, India, Singapore, Australia, South Korea, Brazil, Mexico, Argentina, Colombia, UAE, Saudi Arabia, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 - 2025” by Global Market Insights, Inc. says Fraud Detection and Prevention Market driven by Increasing electronic and digital payment methods sector demand in the world to surpass USD 80 billion by 2025 and will witness 23% CAGR during the forecast timespan.

Mounting instances of online or offline frauds have been taking a toll on various industries of late, thereby fueling fraud detection and prevention (FDP) market trends. According to a 2018 report by Association of Certified Fraud Executives (ACFE), various enterprises around the globe experience a revenue loss of over 5 per cent per annum due to fraud which translates to a hefty loss of USD 4 trillion per year.

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Frauds in any domain lead to a misuse of humongous amount of tax money, increase in goods and services prices, and are a potential threat to human life. Electronic mail attacks and phishing have led to a drastic effect in the banking, educational, retail, and other sectors. A recent fraud instance in India drew the attention of the masses where an Indian public sector banking and financial service company was duped of Rs. 11,400 crores, the reports cited.

The incessant occurrence of frauds calls for a comprehensive approach for fraud detection and prevention as compared to the former fragmented approaches. With increasing frequency of such threats, demand for fraud detection and prevention solutions is anticipated to surge immeasurably over the forecast period, thereby augmenting the industry outlook.

The onset of enhanced FDP solutions can help various companies operate competently while saving costs, eventually leading to a robust rise in fraud detection and prevention market share. As per reports by Global Market Insights Inc., the FDP market share is anticipated to surpass a considerable USD 80 billion mark by the end of 2025.

The most common industry verticals that witness high fraud alerts and cases on a consistent basis include the banking, insurance, healthcare, government, education, and e-commerce sectors. The paragraphs below elaborate on 3 pivotal end-use oriented trends defining FDP industry outlook of late.

Robust fraud increase in the banking, insurance, and finance (BFSI) sector

Accounting to a huge number of monetary and data centric transactions, technological developments, and introduction of digitalization of financial sector, the probabilities of frauds in the BFSI segment are extensively high.

The escalating fraud ratio has exemplified the need for the organizations to adopt the FDP solutions on a large scale in order to forestall any fraudulent attacks. This has led the banking segment to hold a substantial percentage of FDP market share over the forecast period.

Of late, banks and financial institutions detect duplicitous transactions through complex algorithms while data analysts in the insurance sector are vigorously looking forward to the depletion of fraud by bringing into action numerous FDP algorithms and techniques to detect threat patterns and anomalies.

The robust proliferation of FDP solutions in the BFSI industry is also evident from the fact that numerous finance companies are striving to adopt these systems in their operational processes. As per trusted reports, Visa, an American multinational financial service company recently announced the deployment of a new fraud threat detection and restricting technology developed to bolster the transaction security and the authenticity of its payment network.

FDP market share from banking sector will also depict a rise on account of rising product deployment in credit & debit card applications. Estimates claim that credit & debit card fraud application segment accounted for 30% of fraud detection and prevention industry share in 2018 and is expected to register a substantial revenue by the end of the projected timeline. This can be attributed to the increase in digital payment usage, trend of cashless transactions, and rising deployment of chips in credit & debit cards that banks provide on a consistent basis.

Growing number of frauds in educational institutions

The global FDP market size from education sector is speculated to encounter a significant growth rate between the forecast years, owing to the dearth of the internal controls, uncertain reporting channels, and insufficient management reviews and fraud monitoring.

According to authentic reports, In May 2011, Stanford University’s reputation registered a setback when 5 of its medical school professors were rebuked for breaking the school’s policy. The members were paid to offer promotional speeches on the account of drug makers.

To obstruct the prevalence of frauds, the educational institutions have been instructed to take preventive measures by employing a hotline with a motive to address the suspicious behavior. It provides the students and the management a way to anonymously report a suspected fraud. As a leading model, the Texas A&M University System promotes the use of its risk, fraud, and misconduct hotline. It has been claimed that the reporting program is available 24x7.

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Elevating retail and e-commerce duplicity

The retail sector has been a long-time victim of the counterfeit payments or in-store credit frauds. With more retailers opting the e-commerce means of trade, the online transactions are anticipated to rise whilst increasing the number of duplicity encounters. This calls for the demand for fraud detection and prevention solutions given that digital payments are at their peak.

It has been claimed that integrating a software technology to restrict the occurrence of fraud would prove to be of a great help to the merchants and the issuers. As the expanse of e-commerce industry widens, especially across the emerging economies of the APAC, fraud detection and prevention market size will exhibit a massive surge.

The major players operating in the FDP market include ACI Worldwide, Avast Software, SAP, SAS Institute, and many others. Aided by a vast end-use landscape, FDP industry trends are likely to undergo a massive transformation in the years ahead.  

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

The market research report “Smart Card Market Size By Solution (Smart Card [Product {Contact, Contactless, Hybrid, Dual Interface}, Type {Memory Card, Microprocessor Card}], Smart Card Reader [Component {Hardware, Software, Service}, Product {Contact, Contactless}]), By Application (SIM & Telecom, Financial, Government & Health, Retail & Gas, Access Control, Transportation, Loyalty), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Switzerland, Turkey China, India, Japan, Australia, South Korea, Taiwan, Singapore, Malaysia, Thailand, Mexico, Brazil, Argentina, UAE, Saudi Arabia, Qatar, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” by Global Market Insights, Inc. says Smart Card Market driven by Increasing banking and financial sector demand in the world to surpass USD 65 billion by 2025 and will witness 10% CAGR during the forecast timespan.

Evolving digital technology along with increasing access to cashless payments will foster smart card market forecast over the analysis period. The growing need to promote a cashless economy has encouraged the production of credit and debit cards. Smart city initiatives have also helped companies to develop smart solutions that could initiate identification and digital payment through smart cards in various sectors like transportation, financial, government, telecommunication, retail and healthcare.

Smart city initiatives will be vital and effective to stimulate the demand for smart cards. According to United Nations Department of Economics and Social Affairs, about 68% of the population of the entire world is expected to live in cities by the year 2050. These cities will be deployed with Internet of Things devices that will collect data in order to maintain the resources and asset as well as smart cards that will help transactions get much easier. Bengaluru in India, for instance, has been planning to adopt smart cards that could be used for cashless traveling in all the public transport systems.

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The payment card industry has introduced the EVM payment card method which has boosted the adoption of smart cards significantly. Increasing focus on security of organizations and user information has transformed smart card market outlook, with the advent of products capable of short-range wireless connectivity and can also be used as a token for multifactor authentication. 

Described below are some factors influencing the demand for smart cards over the coming years:

Hybrid cards will witness a steady adoption owing to multifunctional features and several smart applications that will conveniently contribute towards smart card market size. With rapid urbanization, certain countries have increasingly provided mass transportation for public travelling for greater efficiency and lower cost.

Hybrid chips are typically used for such mass transits that demand fast transaction time. Surge in security concerns in association with transactions and personal information will foster the demand for hybrid cards owing to the high level of security possible.

A hybrid card is also useful in accommodating the technology and infrastructure of a legacy system with the addition of e-card technologies in a single card. The product’s easy to use properties along with the high security provision will influence the product demand.

Rising use of microprocessors in the banking and mobile phone sectors will contribute to the product growth. Microprocessors have their own operating system that is capable of processing data as a reaction at a given situation. The smart card is practical and a powerful tool due to its capability to record and modify information in its own physically protected and non-volatile memory.

Emerging markets like E-passports, assess control, PKI and other applications wherein the cryptographic abilities addresses the issues of security particularly demand microprocessor cards, expanding smart card industry scope.

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Smart cards are secure elements and are widely used in the telecommunications industry around the world. These cards are used in two major applications like the prepaid telephone cards where the valued memory cards are stored as well as the Subscriber Identity Module (SIM), which are microprocessor based smart cards in mobile phones.

Moreover, smart cards are being used with NFC-enabled mobile phones that have incorporated secure elements and are being used for several applications that include ticketing, mobile marketing and other mobile contactless payments. This has tremendously bolstered global smart card market share from sim and telecom segment applications.

The smart card industry has UICCs and SIMs as the highest volume products for revenue and units. More than 100 countries use smart cards after having substituted coins in payphones in order to improve convenience for customers and telecommunication operators.

Browse key industry insights spread across 550 pages with 825 market data tables & 33 figures  & charts from the report, “Smart Card Market” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/smart-card-market

Increasing consumer needs and purchases will stimulate the applications of smart card in the retail & gas sector in the forthcoming years. The card can be used as electronic wallets while the chip has funds in order to pay for purchases like cafeteria food, taxi rides, groceries and laundry services. Bank connections are not required due to the cryptographic protocols that the money exchange between machine and smart cards have.

In an effort to save time and provide easy access of customer service to consumer, the government has been making efforts to use technology. India’s sole supplier of piped natural gas and CNG, Indraprastha Gas Ltd., recently launched prepaid smart cards in order to provide the customer with digital options for payment.

Key market players in the smart card industry like Oberthur, Inteligensa Group, CPI Card Group, American Banknote Corporation, IDEMIA, Perfect Plastic Printing Corporation, Watchdata, HENGBAO and Goldpac Group have introduced advanced smart solutions. Further collaborations and strategic acquisitions will influence the business outlook considerably. Global smart card market size is anticipated to surpass USD 65 billion by 2025.

The smart card market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in terms of Unit from 2015 to 2025, for the following segments:

Smart Card Market, By Solution

• Smart card
• Product
• Contact
• Contactless
• Hybrid
• Dual Interface
• Type
• Memory cards
• Microprocessor cards
• Smart card reader
• Component
• Hardware
• Software
• Services
• Product
• Contact
• Contactless

Smart Card Market, By Application

• SIM & telecom
• Financial
• Government & health
• Retail & gas
• Access control
• Transportation
• Loyalty
• Others

The above information is provided on a regional and country basis for the following:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Russia
• Turkey
• Switzerland
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Singapore
• Malaysia
• Thailand
• Australia
• Latin America
• Brazil
• Mexico
• Argentina
• MEA
• UAE
• Saudi Arabia
• Qatar
• South Africa

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

The market research report “Identity and Access Management (IAM) Market Size By Solution (Provisioning, Password Management, Directory Services, Advanced Authentication, Single Sign-On, Audit, Compliance and Governance), By Deployment Model (On-Premise, Cloud), By Application (BFSI, IT & Telecom, Healthcare, Education, Public Sector and Utilities, Manufacturing, Retail) Industry Analysis Report, Regional Outlook (U.S. [New York, San Francisco, Chicago], Canada [Toronto, Montreal], UK [London], Germany [Berlin], France [Paris], Italy [Milan], Spain [Barcelona], China [Shanghai, Beijing], India [Delhi, Mumbai, Bangalore], Japan [Tokyo], South Korea [Seoul], Brazil, Mexico, UAE (Dubai), Saudi Arabia), Application Growth Potential, Price Trends, Competitive Market Share & Unit Forecast, 2019 – 2025” by Global Market Insights, Inc. says Identity and Access Management (IAM) Market driven by Increasing adoption of connected technology including IoT, cloud computing and BYOD in the world to surpass USD 20 billion by 2025 and will witness 10% CAGR over 2025.

Due to the growing need to curb the increasing identity theft, firms are investing funds and focusing on strategic alliances to improve their security portfolio. For instance, in June 2018, Ping Identity entered into a strategic partnership with SailPoint Technologies to provide secured access to various on-premise and hybrid IT applications. This partnership will enable the companies to deliver simplified identity access and governance solutions to various enterprises, providing secured access to the right people.

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Some major findings of the Identity and Access Management (IAM) market report include:

Ø The demand for IAM solutions is increasing due to the growing trend of BYOD, need for enhanced productivity, and reduced hardware costs for organizations.

Ø IAM solutions offer enhanced productivity and improve employee satisfaction

Ø Public-private partnership in developing countries is strengthening data & identity security at a reduced cost

Ø Major players operating in the bike-sharing market are IBM Corporation, Oracle Corporation, CA Technologies, Symantec Corporation, etc.

Ø The rapid increase in cybercrime, proliferation of smartphones, substantial development in industrial sectors, and the rising adoption of BYOD are the prominent factors contributing to the burgeoning demand for IAM solutions in the Asia Pacific region

Ø Rapid digitalization coupled with sustainable economic development in Latin America and MEA is propelling market growth

The growing demand for connected workplaces across several end-use sectors to enhance productivity and improve employee satisfaction is proliferating market growth. For instance, in May 2018, Okta entered into a cloud identity partnership with VMware, an enterprise cloud infrastructure & workplace software provider. Okta identity cloud solutions will be integrated with VMware Workplace ONE to facilitate secure cloud migration. This will help to mitigate issues surrounding IAM security on the cloud, benefiting organizations through connected workplace and enhanced productivity. 

The public sector and utilities held over 23% of the market share in 2018 due to the rapid increase in cyberattacks and digital transformations such as cloud computing, real-time data access to customers, and automated infrastructures. The utility sector also needs to protect its power generation, transmission, and circulation by controlling physical and logical access to its resources including equipment, buildings, IT, and operational technology. It also needs to authenticate authorization of individuals to devices, providing access rights with an enhanced degree of certainty. It needs to enforce access policies uniformly, consistently, and quickly across all resources, increasing the adoption of IAM solutions. The integration of logical and physical security & identity authentication parameters has resulted in protecting both the person’s physical identity credentials and digital identity from data loss or potential fraud.

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The Latin American IAM market is estimated to grow at more than 13% CAGR over the forecast timeline. Due to the increasing connectivity in personal, urban, and corporate environments, the dependence on technology and associated vulnerabilities has increased in this region, giving rise to cyberthreats. Over the last decade, this region has witnessed huge digitalization with an enhanced adoption of big data, cloud computing, and IoT solutions, accelerating the market demand.

The growing adoption of cloud based IAM has created huge opportunities for companies operating in the market. For instance, in July 2018, Okta, Inc. entered into a strategic partnership with Bitglass aimed at bringing real-time threat and data protection to companies moving to the cloud. This partnership will fuel the company’s cloud customer base, providing its customers with a secure way of conducting business with ease and agility.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Ready-Mix Concrete Market size is likely to witness significant growth in the coming years owing to rapid development in the global construction industry. Global construction industry has witnessed significant growth over the last two decades. It was recorded at over USD 10 trillion in 2017 and is likely to reach USD 13 trillion by 2022. The U.S. has witnessed substantial development in its construction spending. In 2018, the overall construction spending was recorded more than USD 1,250 billion, with nearly 40% of the amount spent on residential construction. The construction spending in the U.S. has increased by more than USD 200 billion between 2010 and 2018 as it can be ascribed to rising population, higher standard of living, etc. Another factor driving the global construction industry is rapidly increasing construction activities in Asia Pacific region. In 2013, Asia Pacific accounted for more than 40% of the global construction spending. In the same period, construction spending by China, Japan and India combinedly accounted for more than USD 2,900 billion. 

Recently, around 300 major construction projects were unveiled in Beijing which includes 100 projects for high-end technological industries, 100 projects for improvement of people's livelihoods and 100 infrastructure projects. Smart City mission, Housing for All, NESIDS (North East Special Infrastructure Development Scheme), Pradhan Mantri Awas Yojana are some of the initiatives from Government of India to boost the construction and infrastructure development in the country. Traditional concrete is being substituted by RMC owing to better quality, ease of use, economy and greater convenience. Moreover, low inventory cost, wastage reduction, effective utilization associated with RMC results in lowered project expenditure and will prosper the product demand in coming years. The product enhances durability and sustainability of the structure. Increasing population, rapid urbanization, growing industrialization, economic development are some factors prosper the global construction industry, which in turn, will propel the demand for ready-mix concrete market in coming years. 

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Based on product, the market is categorized into transit mixed concrete, shrink mixed concrete and central mixed concrete. Transit ready-mix concrete market is likely to have substantial industry share during the forecast timeframe. It is also referred as dry-batch or truck mixed concrete as all the basic required ingredients are directly charged into truck mixer. It avoids the problem of slump loss and premature hardening. Shrink mixed RMC will have high growth rate as it enhances the truck-load capacity and retains the benefits associated with transit RMC. 

Based on application, ready-mix concrete market is categorized into residential, commercial, industrial and institutional construction. Commercial application category is likely to have significant market share throughout the forecast timeframe. It can be ascribed to increasing commercial construction in the tourism-based economies, rising spending on commercial construction in the U.S., etc. Residential application segment is likely to have high growth during the forecast timeframe. It can be attributed to increasing residential construction in developed as well as developing countries due to rising population, development in spending power, etc. 

Asia Pacific region is likely to have substantial share in ready-mix concrete market during the forecast timeframe. It can be attributed to increasing infrastructural projects in India, China, Thailand and Singapore. Favorable government initiatives regarding industrial and construction development coupled with development in regional road infrastructure is likely to have positive effect on the regional construction industry. Middle East & Africa region will witness significant growth during the forecast timeframe. UAE and Saudi Arabia have attracted heavy investments for the infrastructure development. Additionally, rising construction of commercial as well as residential complexes will also prosper the regional demand for ready-mix concrete market in the coming years. 

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Some of the key players in ready-mix concrete market are LafargeHolcim, Vicat S.A., Buzzi Unicem S.p.A., CEMEX S.A.B. de C.V., ACC Ltd., R.W. Sidley Inc., HeidelbergCement, UltraTech Cement, SIKA group, etc. These players have adopted several strategies such as mergers & acquisitions, focused research & development activities, etc. to strengthen their position in the market. For instance, Heidelberg Cement acquired Italcementi Group in 2016 and enhanced its reputation in the market. 

By Type, 2014-2025

• Transit mixed concrete
• Shrink mixed concrete
• Central mixed concrete

By Application, 2014-2025

• Residential
• Commercial
• Industrial
• Institutional

The above information has been provided for the following regions and countries:

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• APAC
• China
• India
• Japan
• Australia
• South Korea
• Indonesia
• Malaysia
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• UAE

Company Profiles:

• DuPont
• Buzzi Unicem S.p.A.
• LafargeHolcim
• Vicat S.A.
• ACC Ltd.
• CEMEX S.A.B. de C.V.
• R.W. Sidley Inc.
• Heidelberg Cement
• UltraTech Cement
• SIKA group

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Styrene Acrylonitrile Market size is likely to witness substantial growth from 2019 to 2025 on account of growing consumer & lifestyle products industry across the globe. SAN is copolymer of acrylonitrile and styrene polymers. The product has excellent glossiness and transparency. The product can be made by two process; injection molding and extrusion. 

Consumer products such as containers, cups, cover, hangers, etc. have a continuous demand unaltered by supply dynamics. This styrene acrylonitrile market will be primarily driven by increasing per capita income of consumers especially in Asia Pacific and Latin America. Increased disposable income leads to high expenditure power and consumers preferring spending on consumer & lifestyle products. Cosmetics industry will also be highly influencing product demand over the forecast timeframe. Cosmetics market is majorly driven by women across the globe. Rising women workforce in every sector of economy in every nation, has increased their disposable income leading to improved lifestyle choices and upgraded preferences for cosmetics, which has highly benefitted cosmetics manufacturers over past few decades. 

Rising concerns towards styrene use due to its detrimental environmental effects may pose challenge to styrene acrylonitrile market growth during the forecast timeframe. Availability of substitutes such as polystyrene, acrylic and polycarbonate also may hamper product demand in the coming years. Other challenges for this industry are likely to be product commercialization at a large scale and fluctuating crude oil prices. Variation in crude oil prices deeply impact the petrochemical derivatives business. The supply demand dynamics highly depend on crude oil trade and therefore other players in the supply chain get eventually affected, thus considerably influencing the polymers production business. 

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On the basis of application, the global styrene acrylonitrile (SAN) market has been segmented into consumer goods, medical devices, cosmetics and others. The product is widely used in applications requiring chemical resistance and transparency such as battery casings. SAN is also used in manufacturing general household items such as covers for instruments, storage container and other kitchenware. Styrene helps in creating products that are unique and very few substitutes for which, are available in market. In cosmetics industry, the product is used in lipstick tube, compact and foundation bottles, cream/lotion small size packs, mini perfume pack cases, etc. 

Asia Pacific is likely to expand at a significant CAGR in the global styrene acrylonitrile market. Asian markets are a major revenue source for cosmetic companies. India, Japan, South Korea, Indonesia, Malaysia and China are important cosmetics markets. South Korea is a prominent cosmetics market as women on an average use 13 beauty products daily. Men also have a fair share in cosmetic spending in this country, with sales accounting for face care creams and skin lightening lotions. Presence of big brands such as Estee Lauder, L’Oréal and Procter & Gamble, Co. in Asian countries will drive cosmetics market significantly, which will positively influence product demand over the forecast period. 

North American medical industry will be growing significantly during the forecast period. The product is widely used in medical & dental light diffusers and autoclave devices in medical industry. As per National Health Expenditure Accounts (NHEA), U.S. healthcare spending grew 3.9% in 2017, amounting to USD 3.5 trillion accounting for 17.9% of GDP. The per capita healthcare spending was USD 10,739 per person in the same year. Retail spending for medical products such as medical instruments, surgical dressings, etc. grew 2.2% to USD 64.1 billion in 2017. This shall positively influence styrene acrylonitrile (SAN) market demand in North America over the forecast period. 

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The industry has presence of some of prominent polymer manufacturers including BASF, SABIC Innovative Plastics, Toray Industries, Trinseo, Blackwell Plastics, LG Chem, RTP Company, China National Petroleum, Hardie Polymers and Inseo. Many small and medium sized companies are functional in this industry. Local presence gives an edge to these small sized companies over large multi-national players. Expanding the application scope of the product i.e., widening product usage in various other consumer goods are general agendas of the company to promote their products among buyers. 

By Application, 2014-2025 (Tons) (USD Million)

• Consumer goods
• Medical devices
• Cosmetics
• Others

The above information has been provided for the following regions and countries:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Russia
• APAC
• China
• India
• Japan
• Malaysia
• Indonesia
• Australia
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• Saudi Arabia
• UAE

Company Profiles:

• LG Chem
• RTP Company
• Blackwell Plastics
• Hardie Polymers
• Entec Polymers
• SABIC Innovative Plastics
• Ineos
• Trinseo
• BASF
• China National Petroleum
• Toray Industries

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Cathodic Acrylic Market size is expected to rise exponentially in the coming years due to increasing demand from automotive and construction industry across the world. The product is a form of electrocoating that offers best combination of color control, exterior durability, and corrosion resistance for various applications. These coatings are mostly available in wide range of colors and gloss selections, that is extensively used for exterior finishes as well as sections that require a decorative appearance. Beside this, specialty coatings also offer UV durability and resistance to corrosion, while retaining their original appearance in all weather conditions. This in turn increases cathodic acrylic market demand for decorative coating applications. Moreover, its excellent color retention and inertness when exposed to outdoor conditions, will fuel the market growth in the coming years. Furthermore, rising disposable incomes coupled with rapid urbanization globally will further augment product market for aesthetically appealing coats in various sector, this will drive its demand during the forecast spell. 

The demand for cathodic acrylic market in recent years has increased due to its growing usage in automotive and industrial manufacturing applications. The product offers a unique property i.e., corrosion resistant primer with UV durability, which finds extensive usage in automotive industry for various coating applications. Beside this, it also offers good chip resistance and excellent throw power, which increase their ability to plate to a uniform thickness over an irregularly shaped cathode. Additionally, it generates excellent hardness and chemical or solvent resistance without the usage of high solvents and heavy metals, which makes is suitable for various industrial appliances. Furthermore, growing demand for coatings in furniture, construction, metal fabrication, plastic and coil based applications will further create immense potential for cathodic acrylic market in the near future. In addition, rising use of powder coatings in consumer goods, and architecture, furniture will further augment the product market globally. 

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Based on application, the cathodic acrylic market is classified into agricultural implements, garden equipment, automotive parts & accessories, heavy-duty equipment and others equipment, which mainly includes marine, furniture, etc. Rising demand of automotive parts and accessories in the sector will drive the usage of the product for electrocoating applications. Moreover, its excellent corrosion protection and UV durability, will propel its usage for various end-use applications in the coming years. Likewise, growing usage of cathodic acrylic in coating exterior HVAC and heavy-duty equipment will positively influence product market size in the near future. 

On the basis of end-use sector, the market is categorized into automotive, manufacturing, construction, and consumer goods sector. These electrocoating offers an exclusive range of colors & glosses and also provides both corrosion protection & exterior weathering, which increases its demand in various end-use industries. Moreover, rising electrocoating demand in manufacturing and construction industry will further expand product market size in the forecast timeframe. 

Asia Pacific region is projected to hold a major share in the global cathodic acrylic market soon. This is all owing to an established center for various end-use sectors, such as automotive, manufacturing, construction and consumer goods. Moreover, growing demand of product for electrocoating applications in several end-use sectors such as automobiles, manufacturing and other industries will swell its demand across the region. Additionally, its high performance abilities allow coating in a one-coat finish that assures minimal costs in production, which will further drive its usage in the region. Being environmentally friendly in nature the product yield excellent hardness, which will increase its demand for several electrocoating applications that find wide usage various end-use sectors, this in turn will propel the product market size by 2025. 

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Key product manufactures in the market are BASF SE, Hawking Electrotechnology Ltd., Axalta Coating Systems, Valspar Corp., KCC Corporation, Luvata OY, Metokote Corporation, Inc., PPG Industries Inc, Koch Membrane Systems Inc, Nippon Paint Holdings Co., etc. 

By Application, 2014-2025

• Agricultural implements
• Automotive parts & accessories
• Heavy-duty equipment
• Garden equipment
• Others

By End-use Sector, 2014-2025

• Automotive
• Manufacturing
• Construction
• Consumer goods

The above information has been provided for the following regions and countries:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Russia
• APAC
• China
• India
• Japan
• Australia
• Malaysia
• South Korea
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• UAE
• Kuwait
• South Africa

Company Profiles:

• BASF SE
• Hawking Electrotechnology Ltd.
• Axalta Coating Systems
• Valspar Corp.
• KCC Corporation
• Luvata OY
• Metokote Corporation, Inc.
• PPG Industries Inc
• Koch Membrane Systems Inc
• Nippon Paint Holdings Co.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Calcium Silicate Market size is likely to witness significant growth during the projected timespan pertaining to increasing applications in various end use industries such as construction, food & beverages and pharmaceuticals. In addition, growing government expenditure in developing economies on infrastructure developments is expected to have positive impact on the market growth. These products offer superior thermal insulation properties, fire & corrosion resistance and maintain the performance stability when used in construction industry which is likely to accelerate the calcium silicate market demand. 

Calcium Silicate is a chemical compound which is composed of calcium and silica. The compound in naturally found in limestone and is widely used as a key industrial chemical in applications which require high insulation, strength and flexibility. Calcium silicate provides high weather resistance, increases the calcium content in body and acts as an anticaking agent thereby preventing the formation of lumps which makes it suitable for their applications in food and pharmaceutical industries. 

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Rising investments in infrastructure development and rapid growth in urbanization has boosted the demand for residential and commercial buildings which is likely to drive the construction calcium silicate market growth. The chemical acts as a substitute to toxic building materials such as asbestos and phthalates as it provides effective sound insulation, light density and is immune to water damage. Global construction expenditure valued over USD 10 trillion in 2018 which is likely to have a positive impact on the market growth. These products are lighter than fiber cement board which makes them suitable for roofing, bricks and floor tiles applications. Growing building & construction industry along with increasing investment in infrastructure projects across the globe shall stimulate the product demand. 

Increasing rate of disease prevalence has created huge demand for therapeutic treatments and healthcare facilities which in turn has boosted the pharmaceuticals market size. Calcium silicate is chemically stable ingredient and is utilized as an additive in medicinal powders owing to its capability to allow free flow of products during the medicine production process as it absorbs moisture and excess water. The presence of calcium silicate in medicines helps in treating weak bones and promotes healthy bone formation in children and women which is expected to have positive impact on market growth. In addition, these products are also used in the manufacture of drug delivery systems as they offer a long drug-release time which significantly extends the therapeutic effect of drugs. Latin America’s pharmaceutical revenue in 2017 valued over at USD 75 billion which shows significant opportunities for product demand. Rising government support towards healthcare development and increasing consumer spending on health and wellness products is likely to boost the calcium silicate market growth. 

The product is widely used as an anti-caking agent in food & beverages industry owing to its superior capability of absorbing excess moisture and oil. These products are used as food additives to prevent the formation of lumps while making food products such as baking powder, table salt and coffee beverages manageable for packaging and transport. The U.S. retail sales of food & beverages amounted over at USD 715 billion in 2017 which is likely to have a positive impact on the market growth. Growing demand for additives to enhance the quality and longevity of food products is likely to accelerate the product demand. 

North America calcium silicate market demand led by the U.S and Canada is likely to witness significant growth in the forecasted time period pertaining to the growing consumer spending on healthcare facilities in the region. North America healthcare industry revenue accounted over USD 710 billion in 2018 while total pharmaceuticals sales in the U.S. amounted over at USD 370 billion in 2017. Increasing lifestyle diseases, growing health awareness among consumers and rising government funding on healthcare and wellness services are key driving factors of the product demand. 

Europe driven by France, Italy, UK, and Germany calcium silicate market size may witness substantial growth during projected timeframe owing to the huge growth in food & beverage industry. These products act as additives in dry products and absorb water and clump from various food ingredients. Germany’s food & beverage industry production value amounted over at USD 200 billion in 2017 which shows significant opportunities for market growth. Changing consumer taste preferences and increasing investments in food & beverage industry is likely to drive the regional growth. 

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Asia Pacific calcium silicate market led by China, India and Japan may exhibit significant growth during the forecasted timespan owing to the increasing demand for superior insulation materials from building & construction industry. It offers exceptional strength & durability, low thermal conductivity and high corrosion resistance which makes it suitable for the construction of pipes, ceiling and outdoor walls. China’s construction industry valued over USD 900 billion in 2018 which shall have a positive impact on the product demand. Increasing population and growing demand for energy-efficient buildings shall drive the product demand. 

Global calcium silicate market share is fragmented as the market consist of several small, medium and major players. Companies like Thermal Ceramics, Industrial Insulation Group, Skamol, Promat and American Elements are major players in this market. 

Calcium Silicate Market, By application, 2014-2025 (Tons) (USD Million)

• Building Materials
• Food Additives
• Pharmaceuticals
• Insulation Materials
• Others

The above information is provided for the following regions and countries:

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Asia Pacific
• China
• Japan
• India
• South Korea
• Malaysia
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Company Profiles:

• American Elements    
• Thermal Ceramics
• Industrial Insulation Group
• Skamol
• Promat
• Chaitanya Chemicals
• Spectrum Chemical Manufacturing
• Mil-Spec Industries
• Pyrotek
• ZIRCAR CERAMICS

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.

Phone: 1-302-846-7766

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Email: sales@gminsights.com

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Urea Market size is set to grow steadily in the projected timeline owing to its application in agriculture as fertilizer. The product is also known as carbamide and has highest nitrogen content amongst all solid nitrogenous fertilizer making it favorable agriculture utility across arable land. The product is also used to produce resin finds application in melamine synthesis, laminates, adhesives and paints. Its usage in automotive, medical, explosive, deicing, polymer and chemical industries is likely to drive urea market demand by 2025. 

Carbamide is colorless organic hygroscopic solid which is either odorless or contain hint of ammonia smell. Industrial production of carbamide takes place by dehydrating ammonium carbamate derived from reaction of ammonia and carbon dioxide. The product is made available in crystal, pill or granular form with primary application in the agriculture sector. It has tendency to form porous framework that can trap hydrocarbon compounds which can be utilized for separating mixtures and can also be used in production of aviation fuel and lubricating oil. 

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Carbamide finds application in agriculture sector as a fertilizer owing to its property to release nitrogen into the soil. It has over 45% nitrogen content that exhibit lowest transportation cost per nitrogen nutrient. Carbamide can also be used in horticulture and irrigated crops including grain and cotton crops owing to its flexibility as it can be spread directly or mixed with water. The product can be spread through irrigation channels and sprays to achieve uniform spread. Decline in arable land for cultivation owing to rapid urbanization and industrialization would propel the demand for fertilizer for higher gains. Global nitrogenous fertilizer market is set to surpass USD 115 billion by 2024 thereby driving urea market demand. 

Urea market is poised to witness substantial growth owing to its application in controlling air pollution by the selective catalytic reaction process. Diesel engine running at higher temperatures helps to react nitrogen and oxygen to form nitric oxide, a greenhouse gas. Water solution of the carbamide is injected into hot engine exhaust decomposing into ammonia and carbon dioxide. Ammonia derived from carbamide is reacted with nitic oxide to produce nitrogen which dilute the effect of global warming. Blue Tec technology by Daimler AG utilizes this process to equip heavy diesel vehicles including lorries, busses following vehicular emission norms. The vehicles are fitted with urea tanks and engines are equipped for advanced NOX reduction. Strict government norms applicable to vehicular emission combined with rapidly expanding automobile industry is likely to fuel urea market share. Global automotive catalytic reactor market is poised to reach USD 270 billion by 2024 which may boost carbamide market size. 

Urea market size is anticipated to witness gains owing to its usage in treatment of nail problems and dry or rough skin conditions including psoriasis, eczema, callus and corns. The product is a known keratolytic which increases moisture in the skin and can be used to heal wounds and remove dead tissue while keeping water in the skin, thus stimulating product demand in forecast timeline. 

The product is mixed with compounds including carbon 14 and carbon 15 which finds utilization in medical application. It can be used for blood urea nitrogen test to measure content and determine presence of Helicobacter Pylori bacteria presence in human stomach. Growing spending in healthcare and medical infrastructure by government is likely to boost pharmaceutical market size, thereby driving carbamide demand. Global skincare and dermatology market size is anticipated to surpass USD 90 billion by 2028, thus further propelling urea market revenue. 

Product usage in resins, adhesives explosives and chemical feedstock along with application as stabilizer in nitrocellulose explosives & cloud seeding agent is likely to foster industry growth. The product act as a component in animal feed, plankton nutrient and fire extinguishers owing to its high nitrogen content. It is an ingredient in many commercial products including dish soap, teeth whiteners, cigarette, pretzels and hair removers. Cosmetic utilization of product includes hair conditioners, skin softener, bath oils and lotions. These factors are likely to stimulate industry growth in forecast timeframe. 

Product manufacturing can lead to environmental issues pertaining to leakage of ammonia in air or water owing to improper plant maintenance which could lead to health hazard. Exposure of the product could lead to skin irritation including redness itching and pain. Chronic exposure could lead to moderate emphysema, weight loss and high incidence protein metabolism. These factors are likely to affect industry profitability in projected timeframe. 

North America led by Mexico, Canada and the U.S. urea market size is poised to grow steadily in the projected timeframe owing to its application in agriculture, medical care and cosmetics. The U.S. has the highest health care spending per capita and would positively influence market growth. U.S. dermatology market is poised to surpass USD 20 billion by 2028, thus driving regional product demand. 

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Europe led by Spain, UK, France and Germany market is set to grow steadily within the projected timeframe. Stringent environmental norms regarding vehicle production along with growth of automobile catalytic reactor technologies using carbamide concentration is likely to favor industry growth by 2025. 

Asia Pacific led by Japan, India and China urea market is anticipated to grow significantly owing to growing demand from agriculture sector. Rapid urbanization and growing industrialization has led to land constraints for agriculture. Growing demand for fertilizer to generate high yield and ease of use would foster regional market growth. 

Global Urea market is consolidated with limited players in the market. Major players include Yara, Potash Corp, Acron, Jiangsu Sanmu, Agrium, BIP, Chemiplastica, CNPC, Euro Chem, OCI Nitrogen, BASF SE, KBR Inc., Petrobras, QAFCO, CF Industries, SABIC and Koch Fertilizer. 

 Urea Market, By Grade, 2014-2025 (Tons) (USD Million)

• Technical
• Grade B
• Grade C
• Urea Market, By Application, 2014-2025 (Tons) (USD Million)
• Nitrogenous Fertilizer
• Stabilizing Agent
• Keratolyte
• Resin
• Others

 Urea Market, By End-Use, 2014-2025 (Tons) (USD Million)

• Fertilizer
• Automotive
• Explosive
• Skincare
• Medical
• Pharmaceutical
• Cosmetics
• Others

The above information is provided for the following regions and countries:

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• South Korea
• Malaysia
• Latin America
• Brazil
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Company Profiles:

• Yara
• Potash Corp
• Acron
• Jiangsu Sanmu
• Agrium
• BIP
• Chemiplastica
• CNPC
• Euro Chem
• OCI Nitrogen,
• BASF SE
• KBR Inc.
• Petrobras
• QAFCO
• CF Industries
• SABIC
• Koch Fertilizer Teijin

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Alumina Trihydrate Market size is anticipated to grow significantly in the forecast timeframe owing to its application in construction, automobile, plastics, electrical, textile, paper, glass and rubber industries. It is also known as aluminum hydroxide and is a feedstock for other aluminum chemicals including calcined alumina, poly-aluminum chloride, aluminum sulfate, sodium aluminate and aluminum nitrate. Growing demand for plastics for composite materials is likely to drive market growth owing to its flame-retardant properties. 

The product is an amphoteric compound and occurs naturally in the form of gibbsite, bayerite, nordstrandite and doyletie. It is a white crystalline and non-abrasive powder commercially manufactured by dissolving sodium hydroxide and bauxite. Product properties including chemical inertness, thermal conductivity, flame retardants and smoke suppression is likely to foster alumina trihydrate market growth. 

The product is a major mineral fire-retardant functioning on the principle of endothermic decomposition. It is used in production of flame-retardant plastics including polyethylene and polyvinyl chloride (PVC) along with usage in electronics application in fireproof wires & cables and in furnishing industry for carpet back coatings. These factors are likely to promote alumina trihydrate market demand in forecast timeline. 

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aluminum hydroxide size is likely to grow due to its application in high gloss architectural and premium semi-gloss coatings owing to its property to impart balance of contrast ratio and tint strength. The product extends the coating without darkening unlike other mineral extenders. It is preferred over titanium dioxide owing to its higher brightness and lower cost. The products lack of milkiness in mass tone colors and anti-corrosive properties finds extensive use in paint and coating industry. Rising product demand from construction industry is likely to drive paints and coatings market, thereby positively influencing aluminum hydroxide market size. 

Alumina trihydrate market size is poised to grow owing to its usage in chemical operations including filtering medium, ion exchange and chromatography devices. Product derivative exhibit performance characteristics for effluent water treatment in oil, chemical, paper, textile, food and dairy industries. It works on removal through floatation or suppression by neutralizing negative charge on colloidal and suspended matter. The product also promotes efficient dewatering and sludge digestion. Depleting freshwater sources in along with stringent environmental norms would propel industrial wastewater treatment market, which will thereby propel product demand. 

The product is also used in the pharmaceutical industry as an antacid and helps in acidity reduction it is also ingested to control elevated phosphate level in bloods which if left unchecked can cause kidney failure. Changing lifestyle and food habits along with rising concerns of medication is likely to foster industry growth. Global antacid market is likely to grow over USD 18.5 billion by 2025, thus driving alumina trihydrate market value by 2025. 

Aluminum hydroxide is used in vaccines as a pharmacological and immunological agent to boost immune response by increasing antibodies. Vaccine formulations with aluminum hydroxide can stimulate immune system of the body by inducing uric acid release. Global vaccine market is likely to reach USD 65 billion by 2027 which may fuel product demand by 2025. 

Aluminum hydroxide in powder or dust form might cause irritation in skin eye and respiratory tract. Ingestion of product would likely have harmful and adverse effect on humans. The product is advised to be stored in cool dry and ventilated place. It is suggested to be covered when not in use. These factors along with availability of alternative chemicals might adversely affect industry profitability and alumina trihydrate market price trend. 

Europe led by France, Italy, UK, Germany market size is projected to grow over forecast timeframe. Strict environmental regulations regarding sewage water disposition is likely to drive regional product demand. Wastewater treatment chemicals market size is poised to surpass USD 8.5 billion by 2027 which would drive product demand in forecast timeframe. 

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North America led by Mexico, Canada and the U.S. alumina trihydrate market size is likely to grow over the forecast timeframe owing to rising demand from fire safe applications in construction and automobile industries. Stringent safety regulations for fire safety would propel industry size owing to its flame retardant and smoke suppression properties. 

Asia Pacific led by Japan, China and India alumina trihydrate market is likely to experience significant growth in the projected timeline owing to it application in pharmaceutical industry. Growing investment in healthcare along with adoption of healthier lifestyle is likely to drive regional market size. 

Global alumina trihydrate market share is slightly consolidated. Key players include Akrochem Corporation, Huber Engineered Materials, Almatis, LKAB Minerals AB, Aluminum Corporation of China Ltd. (Chalco), Nabaltec AG, Aditya Birla Management Corporation Pvt. Ltd., Albemarle Corporation Alumina - Chemicals & Castables, Alfa Aesar, and MAL-Hungarian Aluminium Producer and Trading Co.

Alumina Trihydrate Market, By Application, 2014-2025 (Tons) (USD Million)

• Fire Retardant
• Coagulant
• Catalyst
• Antacids
• Vaccine
• Mineral extender
• Flame Retardant
• Smoke suppressant
• Others

 Alumina Trihydrate Market, By End-Use, 2014-2025 (Tons) (USD Million)

• Water Treatment
• Construction
• Paints and Coatings
• Automobile
• Plastic
• Medical
• Pharmaceutical
• Others

The above information is provided for the following regions and countries:

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• South Korea
• Malaysia
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Company Profiles:

• Akrochem Corporation
• Huber Engineered Materials
• Almatis
• LKAB Minerals AB
• Aluminum Corporation of China Ltd. (Chalco)
• Nabaltec AG
• Aditya Birla Management Corporation Pvt. Ltd.
• Albemarle Corporation Alumina - Chemicals & Castables
• Alfa Aesar
• MAL-Hungarian Aluminium Producer and Trading Co.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

The market research report “Commercial Drone Market Size By Product (Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone), By Mode of Operation (Remotely Operated, Semi-Autonomous, Autonomous), By Application (Aerial Photography, Agriculture, Emergency Management, Inspection & Monitoring, Remote Sensing & Mapping, Wildlife Research & Preservation), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Australia, China, India, Japan, South Korea, Brazil, Mexico, Argentina, UAE, Israel, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Commercial Drone Market driven by increasing affordability and accessibility demand in the world to surpass USD 17 billion by 2024 and will witness 25% CAGR during the forecast timespan.

The growth of the market is credited to increasing venture capital investment in the market space. In 2016, there were about 105 deals with an approximation of USD 541 million. It was estimated that the investment in commercial drones moved from hardware to software in 2017 with the Venture Capitals (VCs) targeting end-to-end solutions, software, and counter-drone technology. One of the most important investments in 2017 was of 3D Robotics of about USD 53 million Series D round from Atlantic Bridge CapitalTrue, VenturesFoundry and GroupMayfield. It witnessed the transition from hardware to software services. Moreover, commercial drone market companies which led the funding were targeting industrial and enterprise inspection. With an ever-growing adoption of commercial drones, it implies great affordability for businesses and operators. Furthermore, manufacturing techniques of computer chips, economies of scale, and software advances are driving the cost of drone sensors and platforms and solutions.

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The technological advancements and innovation in the commercial drone market space is also estimated to drive the revenue. The integration of artificial intelligence and advanced machine learning algorithms has developed several new avenues for utilization of UAVs capabilities. For instance, retail industry is also leveraging the capabilities for delivering package. In December 2016, Amazon successfully completed one of the first ever commercial deliveries in Cambridge, UK. Similarly, Zipline, a U.S. based robotics company deployed its fleet of drones to deliver blood in Rwanda to provide medical relief in remote areas of the East African region. The company even plans to utilize the capability of civil drones to delivery one of the largest drone delivery network in Tanzania.

 Browse key industry insights spread across 350 pages with 210 market data tables & 30 figures & charts from the report, “Commercial Drone/Unmanned Aerial Vehicle (UAV) Market” in detail along with the table of contents: http://bit.ly/2oVY6GH

The agriculture industry has emerged as one of the major end-users in the commercial UAV market. They are used for a wide range of applications such as planting, soil and field analysis, crop monitoring, health assessment, crop spraying and irrigation in the complete crop cycle. Other use cases include producing a precise 3D map for soil analysis, which can guide in planning of seed planting patterns. A drone-driven method of soil analysis offers data for nitrogen level and irrigation management, which is also estimated to be a major factor driving the commercial UAV market demand.  

Asia Pacific is estimated to gain substantial growth during the forecast period owing to the rapid increase in awareness for civilian drone applications and relaxation by government for the use of UAVs for commercial purposes. Furthermore, the presence of substantial number of drone’s manufacturers in the region, especially in China, such as DJI and Xiaomi, is also estimated to be drive the growth of the commercial UAV market. The market is also aided by adoption of drones by the customers and enterprises in fields such as agriculture, retail, and construction.

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The major vendors in the commercial UAV market are 3D Robotics, Airobotics, AeroVironment, Airware, Amazon Prime Air, Bae Systems, Cyberhawk Innovations Ltd., DroneDeploy, DJI, Ehang Inc, Hoverfly Technologies, Intel Corporation, Parrot, PrecisionHawk, senseFly, and Yuneec International. These players are leveraging on the various strategies such as product launch, and strategic alliance to enhance their product portfolio and gain market share. For instance, In January 2017, DJI acquired Hasselblad, a Swedish camera company. The acquisition will strengthen DJI’s presence in high-end camera drones landscape by combining DJI’s aerial drone technology with Hasselblad’s cameras.

The global commercial drone market research report includes in-depth coverage of the industry with estimates & forecast in terms of shipments in units and revenue in USD from 2013 to 2024, for the following segments:

Commercial Drone Market, By Product

• Fixed Wing Drone
• Rotary Wing Drone
• Hybrid Drone

Commercial Drone Market, By Mode of Operation

• Remotely Operated Drone
• Semi-autonomous Drone
• Autonomous Drone

Commercial Drone Market, By Application

o  Aerial photography

o  Agriculture

o  Emergency Management

o  Inspection & Monitoring

o  Remote Sensing & Mapping

o  Wildlife Research & Preservation

o  Others

The above information has been provided for the following regions and countries:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Australia
• China
• India
• Japan
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• MEA
• UAE
• Israel
• South Africa

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com