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Smart Transportation Market to Surge at CAGR of 18.50% as Governments Strive to Improve Urban Traffic Congestions

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- Transparency Market Research observes that the competitive landscape in the global smart transportation market is quite fragmented. Though the market is in its nascent stage, it boasts a strong presence of vendors. Some of players defining the landscape are Cisco Systems, Alstom AG, Siemens AG, Cubic Corporations, and GE Transportation. Maintaining a close watch on the changing political stance to control pollution and manage traffic is expected to be one of the key strategies of these players. In the coming years, these companies are expected to work closely with government bodies to design systems that will reduce greenhouse gas emissions, which is an important element of climate control policies.

The global smart transportation market is estimated to be worth US$176.5 bn by the end of 2021 from US$45.1 bn in 2014. During the forecast years of 2015 and 2021, the global market is expected to register a CAGR of 18.50%, states the research report. Out of the many solutions available in the global market, the traffic management system is projected to hold a lion's share in the global market as it is the very need of the hour for various cities across the globe to reduce congestion issues. From a geographic point of view, Europe leads the global smart transportation market due to better application of these systems to manage traffic in urban areas.

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The global smart transportation market is expected to soar at a phenomenal pace in the coming years as nations across the globe are trying to deal with traffic issues. Massive hours of congestions in urban areas leads to spike in air pollution, fuel wastage, and lack of productivity. Congestions are often a result of poorly managed traffic, influx of vehicles, and bad condition of roads. Governments across the globe are trying to simplify these issues pertaining to rapid pace of urbanization by installing smart transportation systems. These systems are especially designed to ensure impeccable efficiency in traffic updates, parking, ticketing, driver and pedestrian safety, and overall integrated supervision.

Strengthening transportation and logistics sector of several developing economies across the globe is also projected to have a positive influence on the uptake of smart transportation systems in the coming years. The need to ensure driver safety and improved logistics has compelled the UK Government to take keen interest in implementation of smart transportation systems. The market is also being driven by new-age urban development and planning that is focusing on building smart cities.

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On the flip side, the global smart transportation market is being hampered by the high installation cost of smart transportation systems. This restraint is a pronounced one especially in the developing countries. The market is also likely to be hampered by the need for large databases for sprawling road networks, which are not available in emerging economies. However, as governments are investing in building smart cities for better and efficient living, the move could actually translate into lucrative opportunity for smart transportation market.

For more information on this press release visit: http://www.sbwire.com/press-releases/smart-transportation-market/release-1114719.htm

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Medical Nutrition Market Projected to Register a Healthy CAGR of 6.2% During 2018-2026 - TMR

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Medical Nutrition Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

Albany, NY -- (SBWIRE) -- 01/03/2019 -- Transparency Market Research (TMR) delivers key insights on the global Medical Nutrition market in its upcoming outlook titled, "Medical Nutrition Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2026". In terms of value, the global medical nutrition market is projected to register a healthy CAGR of 6.2% during the forecast period due to various factors, regarding which TMR offers vital insights in detail.

The increasing aging population is now recognized as a global issue of importance. Changes in lifestyle have resulted in rapid aging amongst the population, increasing the prevalence of various diseases. The total aging population (over 65 years) has increased from 9.2% in 1990 to 11.7% in 2013. The number of older individuals is expected to grow from 841 Mn in 2013 to more than 2 Bn in 2050, as per the World Population Report.

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Around two-thirds of general and acute hospital beds are used by the geriatric population over 65 years, and people over 75 years old have longer stays. The burden of the geriatric population influences the demand and supply of nutritional food to this population and is a major contributor to the medical nutrition market. The prevalence of malnutrition in Europe and North America is 1-15% in non- institutionalized elder population, 25-60% for older adults in geriatric care facilities, and 35-60% in older adults in hospitals according medical research sources. The rising use of home parenteral medical nutrition therapy by the geriatric population with chronic illnesses such as diabetes, cancer, and AIDS is anticipated to boost market growth. Furthermore, the geriatric population is more prone to diseases such as nervous disorders, Parkinson's, diabetes, and organ system failure. Such patients suffer from restrictive food ingestion, and require parenteral medical nutrition feeding to maintain their nutritional levels.

Parenteral medical nutrition administration demands regular assessment and monitoring in order to avoid complications or side effects. Inappropriate usage of this medical nutrition maximizes the potential risk of adverse events such as re-feeding syndrome, particulate contamination, catheter infections, and liver dysfunction for the patients undergoing the medical nutrition therapy. Catheter-related bloodstream infection (CRBSI) is a grave complication among patients and requires frequent and expensive parenteral medical nutrition therapy. An article published by the American Society for Nutrition in 2014 also indicated that, long-term parenteral medical nutrition therapy significantly increases the risk of liver disease and metabolic complications in patients. Another study published by the University Health Network also states about the complications arising in the home parenteral medical nutrition therapy while treating the metabolic bone disease in patients. Moreover, problems such as allergic reactions, shortness of breath, unexplained weight gain, muscle pain, weakness, and loss of appetite are more common among patients undergoing parenteral medical nutrition therapy. These complications/side-effects are expected to restrain the medical nutrition market growth.

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This report covers trends driving each segment and offers analysis and insights of the potential of the medical nutrition market in specific regions. North America is expected to register high growth rates between 2018 and 2026 and is also expected to remain the largest market through 2026. According to market attractiveness, North America and Europe are a relative more attractive markets in the medical nutrition market. On the basis of product type, the medical nutrition market is segmented as standard formula and specialized formula. Other segments include flavor, indication, distribution channel and end user. The indication segment is further sub segmented as enteral and parenteral nutrition.

Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the medical nutrition space. Medical Nutrition key players include NUTRICION MEDICA SL, Meiji Holdings Co., Ltd., Medtrition Inc., Baxter International Inc., B. Braun Melsungen AG., Fresenius Kabi AG, Danone Nutricia, Nestle S.A., LLC, Otsuka Holdings Co., Ltd. (Parent of Otsuka Pharmaceutical)Europe Ltd. and Abbott Laboratories amongst others.

For more information on this press release visit: http://www.sbwire.com/press-releases/medical-nutrition-market/release-1114721.htm

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Fortified Edible Oils Market - Growing Health Consciousness Amongst Consumers Is Promoting the Mar-Ket Growth: TMR

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Fortified Edible Oils Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Albany, NY -- (SBWIRE) -- 01/03/2019 -- Fortified edible oils are the oils which are enriched with additional micronutrients. Fortified edible oils contain an adequate concentration of added fat-soluble vitamins such as vitamin A, D, E, and others. Fortified edible oils are the intervention made by government regulations to cope with the complication of undernourishment. As fortified edible oils are enriched with essential micronutrients, they are used to intensify the vitamin levels in the human body. Fortified edible oils are identified as the simple and inexpensive solution to combat micronutrient deficiency.

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Lucrative Growth for Rice Bran Segment of Fortified Edible Oils

Among the product type segments of fortified edible oils, the fortified rice bran oil segment is expected to register the highest growth rate of about 4.6%, owing to increased dietary awareness among consumers on lesser cholesterol levels, and increased production of rice husk during the forecast period. However, the soybean oil segment is expected to have the highest market share in the current year 2018.

Rising Concerns for Fortification as a Public Health Initiative

With the increase in nutritional deficiencies such as vitamin A deficiency (VAD), fortification programs such as fortified edible oils have taken the shape of public health initiatives. As a result, many companies have initiated fortification, which increased the propensity of fortified edible oils. Statistical studies show that, the implementation of vitamin A through fortified edible oils has significantly decreased xerophthalmia and VAD by 74-90%, worldwide.

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Public-private Partnerships are Gaining Traction

Public-private partnerships have a significant role to play in addressing malnutrition, by strategizing and implementing various fortification programs, such as introducing fortified edible oils in the growing economies, and to make affordable fortified food products for the target population.

For instance, Global Alliance for Improved Nutrition (GAIN) is working with various private stakeholders as well as NGOs to promote fortified edible oils. A successful public-private partnership has been demonstrated in Indonesia during the development of the large-scale fortification of vegetable oil with vitamin A.

Government Initiatives to Support Fortification Programs in Other Countries

The U.K. government plans to provide a start cost of £2.9 Mn for the fortified edible oils under the scheme 'National Food Fortification Program' in Tanzania. This project will be implemented by the non-government organization Helen Keller International. According to this initiative, it would be mandatory for private food manufacturers to fortify wheat, maize, and oil with essential vitamins and minerals, in Tanzania. This serves as an opportunity for edible oil producers to broaden their product portfolio with fortified edible oil during the forecast period.

Subsidy on the Procurement for Fortified Edible Oils

To enhance the fortification initiative, various agencies are providing a temporary subsidy on the procurement of micronutrients. The fortification initiative has been carried out on a large scale in Tanzania. Therefore, with the support of the Global Alliance for Improved Nutrition (GAIN) and the Department for International Development (DFID), a sliding subsidy for fortified edible oils is being offered for a period of one and half year on the fortification program.

Changing Dietary Habits and Living Standards

With increasing disposable income, the living standards of consumers are also changing positively, which is expected to drive the demand for fortified edible oils. Due to rapid urbanization in developing regions, people are adopting healthier lifestyles, and using low-absorb and vitamin fortified edible oils, thus resulting in the increasing demand for fortified edible oils such as fortified sunflower and rice bran oils.

The developed countries of Europe and North America are drawn towards the use of low processed foods, and demand healthy fortified edible oils such as fortified olive oil, which has increased substantially with the widening utilization of olive oil in the preparation of food and salads, as olive oil contains higher vitamin A and other phytonutrients.

For more information on this press release visit: http://www.sbwire.com/press-releases/fortified-edible-oils-market/release-1114725.htm

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Egg Protein Market Is Expected to Grow at a CAGR of 4.3% in Terms of Value During the Forecast Period 2018-2026: TMR

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Egg Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

Albany, NY -- (SBWIRE) -- 01/03/2019 -- According to the latest market report published by Transparency Market Research, titled 'Egg Protein Market – Global Industry Analysis Size, Share, Growth, Trends, and Forecast (2018-2026)', revenue generated from the egg protein market has been estimated to be valued at US$ 1056.4 Mn in 2018, which is projected to increase at a CAGR of 4.3% during the forecast period (2018-2026).

The high nutritional value along with varied functional properties offered by egg protein are some of the major drivers for its market. These high-quality egg proteins ensure valuable contribution towards maintaining and synthesizing muscle power, along with regulation of blood glucose levels. The egg protein market is segmented on the basis of flavors in egg protein products, by end use, and by the various functions offered by egg proteins. In addition, growing urbanization, busy lifestyles, increasing disposable income of consumers, and changing consumer preferences are some of the key factors affecting the egg protein market. In addition to the diverse applications of egg protein in various different industries, it also comes in diverse types and flavors, thus giving consumers a variety to choose from according to their tastes, likings, and needs. The nature of egg protein makes it a profoundly trend-driven market, and has a lucrative potential to grow in the coming years. Further, the growing fitness concerns and health consciousness among consumers have surged the demand for egg protein supplements rich in amino acids and others beneficial value-added nutrients.

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APAC Region Significant in the Egg protein Market

The APAC region is estimated to account for 26.5% of the market share of the egg protein market in 2018 by value, with an estimated CAGR of 5.3% during the forecast period of 2018-2026, owing to growing urbanization, increase in the disposable income of consumers, high millennial population, growing concerns for health and fitness, changing lifestyles, and food & beverage preferences. Further, another factor driving the Asia Pacific egg protein market is the demand for baby food formulas, which is significantly higher in Asia due to two major factors: China's repeal of its one-child policy and industrialization of South East Asian countries that has led to an increase in the demand for egg protein, which is an essential ingredient in infant nutrition, owing to the high nutritional value offered.

Consumers are increasingly focusing on product labels to know the quality and quantity of ingredients and nutrients, sugar, fat, etc., in packaged food products. This has led to manufacturers using egg protein as an ingredient in various products, as they are both, nutritious and low in fat content. The presence of one or more nutrients such as riboflavin, ovotransferrin, or others in egg protein appeals to a wide audience, and provides ample marketing scope to manufacturers in the egg protein market. In addition, egg protein is being increasingly perceived as a healthy product that is a viable and safe source of various amino acids that are not produced in the human body or are concentrated in the muscles. Overall, with the growing concerns for muscle fitness, sound body, and healthy nourishment, the global egg protein industry is projected to rise at a high CAGR during the forecast period (2018-2026).

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TMR has profiled some of the prominent market participants in the global egg protein market identified across the value chain, which includes Davisco Foods International, Inc., Kewpie Corporation, Cargill Inc., Rose Acre Farms, Deb-El Foods, Bouwhuis Enthoven, Wulro BV, Igreca, Sanovo Egg Group, Rembrandt Enterprises Inc., Interovo Egg Group BV, Adriaan Goede BV, and Now Health Group, Inc., among others.

Egg proteins are derived from a common raw material, i.e. eggs. The easy availability of eggs in conjunction with high demand has resulted in the emergence and presence of a significantly high number of domestic or small-scale egg protein or end-product manufacturers across the world. Further, companies in the egg protein market are developing and innovating new flavors and blends of egg protein, due to the constant demand for the same among consumers, attributed to varied taste preferences, regional and cultural choices, and needs. In addition, the rise in the demand for savory, tasty, and appealing bakery, confectionery, and dessert items is also fuelling the demand for egg protein that acts as a thickening and binding agent in these products, thus giving them a better texture, taste, and proportion.

For more information on this press release visit: http://www.sbwire.com/press-releases/egg-protein-market/release-1114733.htm

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One Small Device for Air Purification, One Giant Leap for Breathing Pollution-Free

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Tokyo, Japan -- (ReleaseWire) -- 01/03/2019 -- Capable of detecting the quality of air, reporting on it and then purifying, the small but intelligent Ionizo device is a portable, filterless air purifier meant for the digital age. Built to be taken on-the-go, the Ionizo essentially filters the quality of air around you, using its smart tracker and an innovative ion-based purification system that harnesses the power of technology in the fight against pollution. The result is a breath of fresh air — in ideation, design and function.

From concept to console, every step of the Ionizo's revolutionary new design is methodical, intentional and powerful, a marriage of talents in R&D and industrial design. Packaged within the compact 60g ion-purifying system is a built-in tracker that continuously monitors the quality of air around its wearer, adjusting flow of ions according to real-time readings. Taking full advantage of ion technology, the Ionizo device generates 1,000,000 ions per cubic centimeter in every second, trapping pollution in the wearer's immediate surroundings.

The filterless system relies on a steady, environment-sensitive release of negative ions, which then attach themselves to air pollutants. Since floating pollutants like dust, allergens viruses and pollen are positively charged, the negatively-charged ions weigh these airborne particles down. Ion technology also affects micro-particles floating around the vicinity of the respiratory system and the surface of the body, blocking inhalation and relieving the breathing passages of the body quickly and easily.

This simple yet effective technique enhances the quality of life for both the wearer and those in the vicinity. On the one hand, using the Ionizo can help clear up issues like rhinitis while sleeping. But it's also powerful enough to affect its surroundings, clearing up issues like mildew and tobacco smells in enclosed places like the user's car. Yet it's not just the technology behind the system that makes this a functional companion. The Ionizo's design is created to mimic "smart" technology like movie phones and digital personal assistants — except that this "personal assistant" is focused entirely on monitoring and then improving air quality.

Built for portability as well as durability, the Ionizo Technology plans to begin shipping of its sleek and compact, portable air purifiers between April and May of 2019. Ionizo is maintaining a "stretch goal" through its Kickstarter campaign to innovate further on design, extending its use through add-ons like a stand.

For now, the nascent project has 11 levels of backing that range from a $5 USD for a set of prototype design sketches, the initial level of contribution, to an early bird pricing of $69 USD for the Ionizo unit itself, a lanyard and a handy USB C cable for charging. This early bird pricing gives the backer a 45% discount on the full retail price of $129 USD. All deliveries of the unit, through the multiple tiers of backing, ship anywhere in the world. Of course, this is useful, given the prevalence of pollution and the powerful solution Ionizo technology offers on-the-go.

For more information on this press release visit: http://www.releasewire.com/press-releases/one-small-device-for-air-purification-one-giant-leap-for-breathing-pollution-free-1110312.htm

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Orange Extract Market Expected to Increase at a CAGR of 5.1% in Terms of Revenue over 2018-2028: TMR

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Orange Extract Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Albany, NY -- (SBWIRE) -- 01/03/2019 -- According to the latest market report published by Transparency Market Research, titled 'Orange Extract Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028', revenue generated from the global orange extract market has been estimated to be valued around US$ 536.2 Mn in 2018, which is projected to increase at a CAGR of 5.1% during the forecast period (2018-2028).

Driving factors such as the demand for fresh fruity flavors, consumer preference for natural food additives, and health consciousness contribute to the accelerating growth of the orange extract market. Orange extract is highly consumed in the North American region, expected to account for around 34.4% share during the forecast period, owing to highest utilization in the region. Increased market penetration in developing and developed economies makes the orange extract market a highly competitive one, resulting in continuous product launches by the key players of orange extract. Players in the market such as Doehler GmbH and McCormick & Company, Inc. are well-known for their premium quality of orange extract. These companies spend appreciably on promoting their brands online as well as other channels, and hence, have high visibility and premium placement on retail shelves. Thus, consumers are more inclined towards buying branded orange extract as a sign of premium quality.

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Being a developing economy and with an increased number of food processing industries, Asia Pacific holds the highest market share in the orange extract market as compared to other regions, due to the highest consumption of orange extract, factors such as favorable government policies on natural food additives, and inclining application of orange extract in cosmetics and personal care products. It is anticipated that the Asia Pacific except Japan region would witness a high growth rate of the orange extract market - 7.3% growth during the forecast period.

Increasing consumer health consciousness regarding natural food products in recent years has been a major contributing driver for the global orange extract over the years. Organic orange extract is expected to have a high preference as compared to conventional orange extract during the forecast. By nature segment, the organic orange extract segment is anticipated to witness the highest compound annual growth rate of 5.1% during the forecast period. However, the organic extract segment has a minimal market share at present, due to the market being huge for conventional orange extract at affordable prices.

Due to the growing demand for orange extract across developing countries, manufacturers have been coming up with the powdered form of orange extract in recent years. This practice is not only expected to ensure for a healthier food additive and quality fruit extract, but also promotes the extended domestic consumption of orange extract in the upcoming years. For instance, China and India have been developing a powdered form of orange extracts in recent years.

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This report covers the current trends driving each segment, and offers detailed analysis and insights into the potential growth of the global orange extract market. The final section of the report contains a competitive landscape of dynamic players, to provide an audience view with a comparative dashboard. Key players covered in the report are the current dynamic manufacturers in the orange extract market. Detailed profiles of the manufacturers are also included in the scope of the report to analyze their long-term and short-term strategies, key offerings, and recent developments in the orange extract space.

TMR has profiled some of the most prominent companies active in the global orange extract market, such as Doehler GmbH, McCormick & Company, Inc., Southern Flavoring Company, Inc., Cook Flavoring Company, LorAnn Oils, Nature's Sunshine Products, Inc., Nielsen-Massey Vanillas, Inc., etc.

For more information on this press release visit: http://www.sbwire.com/press-releases/orange-extract-market/release-1114736.htm

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Battavio Tackles Post-Holiday Plumbing Problems

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West Chester, PA -- (SBWIRE) -- 01/03/2019 -- The holidays are one of the most common times of the year for homeowners to see issues with their plumbing and water heating systems. Clogged sinks, malfunctioning water heaters, and stubborn toilet clogs are three of the most often-seen (and most frustrating) issues homeowners see during the month of January. After the dust of the season has settled, and friends and family members have shoved off for home, residents are encouraged to check their plumbing and heating systems for issues stemming from overuse or misuse—and to call Battavio Plumbing, Cooling and Heating to tackle any problems.

From minor clogs in sinks and toilets to a full water heater replacement in West Chester, PA, Battavio can handle nearly any type of in-home problem that residents may run into following the holidays. Their team is available for 24/7 support, and they are also able to provide emergency services and free estimates before they begin. With 40 years of experience serving the men and women of West Chester and beyond, Battavio is excited to help homeowners de-stress after the holidays with quick, efficient, and professional repairs and replacements.

Homeowners who are seeing plumbing problems after the holiday season are encouraged to avoid panicking and instead make the call to Battavio Plumbing, Cooling and Heating to schedule an appointment for plumbing or boiler services in West Chester, PA. Anyone interested in learning more about their team or currently available services and specials is encouraged to contact Battavio by phone at 610-365-7863, or online at https://battavio.com.

About Battavio Heating, Cooling and Plumbing
Since 1972, Battavio Heating, Cooling and Plumbing has been providing Chester County, Delaware County and Montgomery County with HVAC services. Being a Bryant® authorized dealer, Battavio Heating, Cooling and Plumbing ensures home and business owners that their experienced technicians are licensed and certified to replace and repair plumbing, heating, and cooling systems. The company's professional experts are available for a wide range of installation and 24/7 emergency repair services.

For more information on this press release visit: http://www.sbwire.com/press-releases/battavio-tackles-post-holiday-plumbing-problems-1115161.htm

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Digital Commerce Platform Market Is Driven by the Rise in Use of Consumer Electronics and Internet Connectivity

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Digital Commerce Platform Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Albany, NY -- (SBWIRE) -- 01/03/2019 -- Owing to the enormous application possibilities with the merger of consumer electronics and the internet, an increasing number of companies are venturing into the digital commerce platform market, and several of them will follow the suit in the near future, making the competitive landscape further fragmented. That being said, a few companies such as Hybris AG, IBM Corporation, and Oracle Corporation do hold a position of strength and continuously expand into potential regions to eat into the shares of smaller domestic players who have limited to no presence their core region.

A fresh business and commerce study by Transparency Market Research (TMR) has projected that the demand in the global digital commerce platform will increment at a robust CAGR of 14.8% during the forecast period of 2016 to 2024. As per the evaluations of the TMR report, the opportunities in the digital commerce platform market, across the world, were worth US$4.44 bn in 2015, and estimates it to swell up to US$15.30 bn by the end of 2024. In the near future, the leaders of this market are expected to dwell into cloud-based digital platforms and software-as-a-service models in order to maintain their stronghold over the market.

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Based on the model of business, the report segments the global digital commerce platform market into business to business (B2B), business to consumer (B2C), consumer to business (C2B), and consumer to consumer (C2C). The segment of business to consumer accounted for a whopping 68.5% of the total demand and is expected to maintain its top position, although the segments of business to business and consumer to consumer are also projected to for healthy growth. Based on end-users, the market for digital commerce platform has been bifurcated into banking, financial service and insurance (BFSI), retail, IT and Telecommunication, and airline and travel. The report also categorizes this market on the basis of deployment model, into on-premise, software as a service (SaaS), open source, and fully managed.

Geographically, the report highlights North America as the most lucrative region by a long margin, which is a reflection of strong adoptability rate of new technology in the developed country of the U.S. A massive existing base of digital media users in the country has been powered by the ubiquity of smartphones and broadband internet services. The North America digital commerce platform market is projected to exhibit a CAGR of 13.7% during the forecast period of 2016 to 2024.

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The advent and rapid rise of cloud computing has been a boon for the market for digital commerce platform. With cloud platform, companies operating in ecommerce have found a whole new avenue of revenue by selling to consumers without investing on retail outlets. Organized website portals can engage, entice, and translate a lead into sale and a flooding number of manufacturers are now transforming their business to gain benefit from digital commerce platforms. Growing dependency on smartphones and integrated devices, increasing disposable income among the urban populations in emerging economies, and growing awareness among the end-users are some of the other factors that will aid to the prosperity of the global digital commerce platform market. On the other hand, the market is still in nascent stage and unless aggressive market strategies are employed, retailers are expected to remain reluctant owing to the lack of governance structure.

For more information on this press release visit: http://www.sbwire.com/press-releases/digital-commerce-platform-market-is-driven-by-the-rise-in-use-of-consumer-electronics-and-internet-connectivity-1114752.htm

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Enterprise Collaboration Service Market: Rising Demand for Mobile Workforce to Aid Growth

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Enterprise Collaboration Service Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Albany, NY -- (SBWIRE) -- 01/03/2019 -- The degree of competition among the existing players in the global enterprise collaboration service market is quite high. The prevailing competition is forecast get fiercer in the future with the entry of new market players, finds Transparency Market Research (TMR) in a new report. Currently, IBM Corporation, Cisco System Inc., Nokia Network, HP Corporation, and Polycom, Inc., are the top players in the global enterprise collaboration service market. The dominance of these enterprises is on account of their persistent funding and efforts towards innovation and in providing collaboration services. "Through strategic collaborations and mergers, vendors in the market are competing against one another and looking to strengthen their market position," observed the TMR report's author. Exhibiting a CAGR of 10.3%, the global enterprise collaboration service market is forecast to reach US$56.51 bn by the end of 2024.

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North America and Mobility & Telephony Emerge Dominant Based on Region and Solution, Respectively

Regionally, North America will held a majority share of 53.1% of the overall market in 2015. This regional market is gaining impetus from the increasing demand application of video conferencing in the defense and military. Reporting a robust CAGR, the North America market will successfully maintain its position as the market lead through the course of the forecast period.

enterprise collaboration service market

By solution, the overall market is led by mobility and telephony. However, over the forecast period the video conferencing segment is likely to emerge dominant exhibiting a CAGR of 11.5% between 2016 and 2024. Besides this, collaborative tool and mobility and telephony will cumulatively account for a significant market share.

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Rising Demand for Mobile Workforce to Aid Growth

The increasing demand for mobile workforce and enterprise mobility is creating lucrative prospects for the global enterprise collaboration service market. To continue witnessing sustainable growth, enterprises are nowadays looking to expand their global footprint by conducting cross-border businesses. This created accelerated demand for collaborative tool as without technology enabling effective communication enterprises will fail to conduct business across borders.

Due to various benefits offered by enterprise collaboration services their uptake is expected to surge in the coming years. In addition, the rising penetration of mobile devices will have a strong influence on the market, positively propelling its growth. For instance, the availability of low-priced smartphones around the world has provided immense opportunities for the leading vendors to capitalize on.

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Network Security Policy Management Market (Component - Software (Cloud Based, on Premise), Services (Professional, Managed), Led by Top Vendors

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- Network Security Policy Management Market - Overview

The report 'Network Security Policy Management Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026' provides analysis of the network security policy management market for the period 2016 to 2026, wherein 2018 to 2026 is the forecast period, 2017 is considered as the base year, and the data for 2016 has been provided as historical information. The report covers all the trends and technologies that are likely to play a major role in the expansion of the network security policy management market during the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the expansion of the market during this period. The study provides a holistic perspective on the expansion of the market, in terms of revenue (in US$ Mn), across different geographical regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights key trends affecting the market on a global scale. Furthermore, prominent countries/regions covered in the report include the U.S, Canada, Germany, France, the U.K, China, India, Japan, GCC countries,South Africa, and Brazil.

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This report analyzes and forecasts the network security policy management market at the global and regional level. The market has been forecasted based on revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the network security policy management market. It covers the region-wise impact of these drivers and restraints during the forecast period. The study also provides market share of major players in terms of revenue and percentage share for the global market.

Network Security Policy Management Market: Taxonomy

This research study on the network security policy management market provides a detailed analysis based on different segmentation categories such as component, solution, enterprise size, industry vertical, and region. Based on component, the market has been classified into software and services. Based on software, the market has been classified into on-premise and cloud-based. The cloud segment has been further split into public, private, and hybrid. Based on solution, the market has been classified into security policy management, change management system, risk and vulnerability analysis, and application connectivity management. In terms ofenterprise size, the market has been divided into small and medium enterprises and large enterprises. Furthermore, based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Network Security Policy Management Market: Research Methodology

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, national government documents, statistical databases, market reports, Factiva, etc..

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information about the market size, market trends, growth trends, competitive landscape, outlook, etc. These help us validate and strengthen secondary research findings. They also help develop the analysis team's market expertise and understanding.

Network Security Policy Management Market: Competitive Dynamics

The report highlightswell-established players operating in the market, including Palo Alto Networks, Inc., AlgoSec Inc., Check Point Software Technologies Ltd., Forcepoint LLC, FireMon, LLC.,Hewlett Packard Enterprise Development LP, IBM Corporation, Juniper Networks, Inc., Sophos Ltd., and Tufin Software Technologies Ltd. These key players are looking to increase their market share by expanding their current network security policy management market offerings in emerging economies.

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Network Security Policy Management Market Segmentation

By Component

Software
Cloud-based
Public
Private
Hybrid
On-premise
Services
Professional Services
Managed Services
By Solution

Security Policy Management
Change Management System
Risk and Vulnerability Analysis
Application Connectivity Management
By Enterprise Size

Small & Medium Enterprises (SMEs)
Large Enterprises
ByIndustry Vertical

Banking, Financial Services and Insurance (BFSI)
Healthcare
Government
IT & Telecom
Retail
Transportation
Energy & Utilities
Others (Education, Manufacturing)
By Country/Region

North America
The U.S.
Canada
Rest of North America
Europe
The U.K.
Germany
France
Rest of Europe
Asia Pacific
China
Japan
Australia
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East &Africa
South America
Brazil
Rest of South America

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Function as a Service Market Health Sector Proves to Be Pivotal to the Growth of Global FaaS Market

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Function as a Service Market - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025

Albany, NY -- (SBWIRE) -- 01/03/2019 -- Transparency Market Research (TMR) observes that competitive landscape in the global Function as a Service (FaaS) is quite dynamic and has a distinct presence of a few big players. Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As of 2016, these companies held a whopping share of above 80% in the global market. Research and development and mergers and acquisitions are anticipated to be key strategies of these players in the near future.

According to the research report, the global FaaS market was valued at US$1230.0 mn in 2016 and is expected to be worth US$4280.0 mn by the end of 2025. Over the forecast period of 2017 and 2025, the global market is expected to progress at a CAGR of 15.3%. Among the various end users, the global FaaS market is likely to be driven by the telecommunications segment in the coming years as it is slated to surge at a CAGR of 15.3% during the forecast period. From a geographic point of view, the North America FaaS market is estimated to progress at a steady pace in the near future due to strong adoption of technology in the region. As of 2016, this region held a share of 34.0% in the overall market.

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The global FaaS market has been gaining traction in recent years as the service allows end users to conduct programming, manage and run application along with other functionalities without the need to manage services. Thus, the convenience of a platform that eliminates the requirement of building and maintaining infrastructure in developing and run new applications has augmented the demand for FaaS. The biggest advantage of this service is that has considerable reduced the cost of operations for various organizations. The only cost organizations have to bear is that of resource used during execution, as FaaS allows easy to scale independent services triggered to action by events.

The global market is also being driven by the fact that FaaS offers real time file and data processing. Analysts indicate that FaaS can be deployed for transcoding thumbnail images, videos, process logs, filter, index files, and aggregate data in real time. These factors are likely to bolster the growth of the global market in the near future. Furthermore, the server less computing is anticipated to be its unique selling point over the forecast period. This evolutionary process in promoting cloud computing is estimated to leverage the market to its full potential.

Despite the strong market drivers the global FaaS market is being stymied by a few factors. Currently, the key restraint in the global market is the inability of FaaS to move data and applications formats from one cloud environment to the other without any disruptions. This could translate into big losses for companies that save data on multiple cloud environments. Thus, this factor anticipated to be a major restraint for the global market.

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M2M Services Market - Incidents of Cyber-Attack Leading to Information Theft Across Connected Devices Hampers M2M Service Adoption

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M2M Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Albany, NY -- (SBWIRE) -- 01/03/2019 -- The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle.

Keen players in the market are investing heavily in research and development to acquire advanced communication technologies and are resorting to collaborations and partnerships for expanding their outreach. Key players in the market are also seen to tap into opportunities in emerging markets after the revival of the economy post the economic slump of 2008.

As per a report by TMR, the global M2M services market is likely to expand at a phenomenal 27.2% CAGR for the forecast period between 2017 and 2025. At this pace, the market is likely to attain a value of US$83,616.1 mn by the end of the forecast period in 2025 from its evaluated worth of US$9,695.1 mn in 2016.

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The key growth drivers of the global M2M services market include expanded fiber optic cable networks and improved Internet connectivity. M2M communication is carried out over mobile networks that use fiber optic cables for transfer of large amount of data. With significant improvement in Internet connectivity and connection speed over the last couple of years, M2M service providers have the capability to offer advanced and integrated telecom solutions to industrial consumers. Moreover, cloud solutions provided by M2M service providers can be used over a number of a devices and can help transfer large amount of data.

Apart from this, significant drop in operational costs involved with M2M services due to improved wireless connectivity speed are adding the growth of M2M services market.

Huge investments by telecom companies for development of fiber optic networks is also fuelling growth of M2M services market. For example, India based Reliance Industries' telecom venture Reliance Jio involves hefty investments in fiber optic network. Launched in June 2017, fiber cable network of Reliance Jio has a total length of 25,000 kilometers that connects countries in Asia, Europe, and Africa. Another example of investment in fiber optic network is Google's 9,000 kilometer long fiber optic cable that connects the U.S. and Japan.

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Lastly, the increasing number of connected devices that transfer data using fiber optic networks is expected to boost the global M2M services market in the upcoming years.

Incidents of Cyber-attack leading to Information Theft across Connected Devices Hampers M2M Service Adoption

On the flip side, repercussions of theft of valuable data in the event of a cyber-attack are providing headwinds to the growth of global M2M services market. This is because M2M service connects multiple devices to the back-end IT infrastructure of an organization that results in hacking of information from multiple devices through a single platform.

Nevertheless, players in the market are engaged in designing secure M2M platforms and imparting knowledge among M2M service users about the safe usage of M2M communication technology.

For more information on this press release visit: http://www.sbwire.com/press-releases/m2m-services-market-incidents-of-cyber-attack-leading-to-information-theft-across-connected-devices-hampers-m2m-service-adoption-1114780.htm

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CCTV Camera Market to Reach US $23.32 Bn by 2025 with Rising Focus on Technological Developments

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CCTV Camera Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Albany, NY -- (SBWIRE) -- 01/03/2019 -- The global market for CCTV camera is considered as an extremely competitive in nature, owing to the presence of a large number of players operating worldwide, states a new study by TMR. In the last few years, several new players have entered the market in order to attain a leading position in the market, thus supporting the overall growth. The key players in the market are focusing on enhancements and the development of new products, which is projected to ensure the development of the global CCTV camera market in the next few years. In addition to this, the increasing number of end use industries is another factor that is estimated to ensure the development of the overall market in the coming few years. The key players that are operating in the CCTV camera market across the globe are Axis Communications AB, Geovision Inc, Pelco Inc, Zhejiang Dahau Technology Co. Ltd., Honeywell International Inc., Toshiba Corporation, Panosonic System Network Co. Limited, Bosch Security Systems, Inc., and Hanwha Techwin Co. Ltd.

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As per the research study by TMR, the global market for CCTV camera is expected to reach a value of US$23.32 bn by 2025. The market is expected to register a 12.70% CAGR between 2017 and 2025. The CCTV camera market across North America and Asia Pacific are projected to witness high growth over the next few years. The rising number of security threats and the increasing number of terrorist attacks are the main factors that are projected to encourage the growth of the markets over the next few years. In terms of technology, the analog CCTV camera segment is predicted to observe a high growth in the next few years.

In the last few years, CCTV cameras have gained immense popularity across diverse application segments, thanks to which the market is projected to witness high growth in the next few years. The rising use of CCTV cameras in hospitals, education institutions, and retail sector is expected to ensure the development of the market across the globe. There has been a tremendous rise in the number of crimes and the rising terrorist attacks are some of the other factors that are projected to boost the demand for CCTV cameras over the next few years. In addition to this, the rise in the level of awareness among the people concerning the benefits of installing CCTV cameras are projected to support the growth of the market in the next few years.

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Furthermore, the introduction of new types of CCTV cameras and the introduction of new technology are expected to ensure the growth of the global CCTV camera market in the next few years. Also, the introduction of 4K cameras and the rising adoption of advanced security camera technology are further anticipated to encourage the development of the global CCTV camera market over the next few years.This information is based on the findings of a research report published by Transparency Market Research (TMR), titled "CCTV Camera Market (Model Type – PTZ Camera, Box Camera, and Dome Cameras; Technology – Analog CCTV Systems, Wireless CCTV Systems, IP-based CCTV Systems, and Hybrid CCTV Systems; End-Use Industry – Retail, Hospitality, BFSI, Home Security, and Government) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025."

For more information on this press release visit: http://www.sbwire.com/press-releases/cctv-camera-market-to-reach-us-2332-bn-by-2025-with-rising-focus-on-technological-developments-1114783.htm

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Mixed Reality in Gaming Market: Demand for Immersive Virtual Gaming Experience Boosts Growth

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Mixed Reality in Gaming Market (Component - Software and Mobile Apps; Application - Entertainment and Training/Learning; By End-Use Vertical - Government, Corporate, Theme Parks, and Personal (Individual)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025

Albany, NY -- (SBWIRE) -- 01/03/2019 -- The presence of a copious number of small and big players makes the mixed reality in gaming market fragmented, as per a recent market publication by Transparency Market Research (TMR). The market is foreseen to witness the entry of regional players leading to further fragmentation and stiff competition among players for greater market share. In this scenario, savvy players are pouring money into research and development to set up new facilities for innovation. These players are also vying for partnerships and alliances to tap into technological expertise and understand cultural preferences to develop games for regional markets. Collaboration of Microsoft with HP, Lenovo, Dell, and Acer to develop mixed reality headsets is a case in point.

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Some of the key companies operating in the global mixed reality in gaming market are Canon Inc., Microsoft Corporation, Infinity Augmented Reality Inc., Seiko Epson Corporation, Lenovo Group Ltd., CCP hf,., Six Flags Entertainment Corporation, Osterhout Design Group, Dagri LLC, Magic Leap Inc., Recon Instrumnets Inc., Ubisoft Entertainment, HTC Corporation, Meta Company, and Samsung Electronics Co. Ltd.

Global Mixed Reality in Gaming MarketAs per estimates of a report by TMR, the global market for mixed reality in gaming is predicted to rise at a stellar 38.06% CAGR in terms of revenue for the forecast period from 2017 to 2025. At this rate, the market is estimated to be worth US$187.13 mn by the 2025 end. By component, mobile apps led the market in 2015 followed by software. In terms of application, entertainment segment is likely to hold the maximum share of the market over the forecast period. Vis-a-vis revenue, the personal end-use segment is predicted to lead the overall market through 2025. Geography-wise, North America is registered to be the most lucrative market for mixed reality in gaming powered by growth in the U.S. and Canada.

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At the forefront of driving the mixed reality in gaming market is unceasing growth of the gaming industry. The rising demand for mixed reality in video games among gaming geeks is likely to bode well for this market's growth. The incorporation of mixed reality provides an immersive virtual environment and enables gamers to experience virtual reality on their gadgets. For example, the launch of Microsoft Hololens motion controllers and developer kits is serving to aid market players stimulate the development of mixed reality in gaming.

The ceaseless adoption of smartphones equipped with mobile data is generally stoking demand for entertainment and informative apps. Gaming apps especially the ones that provide immersive virtual environment account for widespread demand among gaming enthusiasts.Apart from this, increasing adoption of mixed reality in gaming technology in amusement parks and military training is likely to bode well for the market's growth. Large theme parks in developed countries such as the U.S. are making hefty investments to integrate mixed reality in gaming technology to provide an immersive gaming experience. Brand name theme parks are also investing to design and develop mixed reality in gaming technology based theme parks.

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Offshore Support Vessels Market Growth with Worldwide Industry Analysis to 2024

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- Global Offshore Support Vessels Market: Overview

Offshore support vessels are known for providing services to offshore drillings rigs, pipe laying, and oil manufacturing platforms used in production and exploration activities. These support vessels facilitate and support logistics and other activities in the oil and gas drilling processes. Different offshore support vessels have their own features and properties with regards to the type of operation. It is one of the fundamental and most resourceful components of the oil and gas industry. The other facilities that offshore support vessels provide are transportation, standby capacity, anchor management, and platform support. It also helps in the mobility of crew members to offshore sites.

The market intelligence report provides a thorough overview of the growth trajectory, current scenario, and estimates for the future of the global offshore support vessels market. It further analyses the dynamics that are expected to drive or impede the growth of the global offshore support vessels market. The predominant trends and the elements at play have been further highlighted in the study. A clear understanding of the market has been offered in the report utilizing Porter's five forces analysis along with insights into the degree of exit and entry in the global offshore support vessels market. The key players operating in the market have also been assessed with regards to market shares, products, and key strategies.

Global Offshore Support Vessels Market: Trends and Prospects

The burgeoning offshore oil and gas exploration activities coupled with rise in offshore investments and activities are expected to boost the deployment of offshore support vessels. Factors such as mounting demand for efficient sources of energy and rise in onshore activities are likely to positively influence the growth of the global offshore support vessels market. The substantial rise in offshore rig count is also likely to boost the adoption of offshore support vessels. The bulk contracts supply of the offshore vessels is expected to witness significant growth as manufacturers strive to constantly modify the vessels.

However, the global market for offshore support vessels is anticipated to face challenges from the high replacement and maintenance cost of these vessels. The growing emphasis on sustainable development and environment protection has triggered the development of features such as clean design in several regions.

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Global Offshore Support Vessels Market: Regional Outlook

Geographically, the global offshore support vessels market has been segmented into Europe, Asia Pacific, North America, and the Rest of the World. The demand for offshore support vessels in the Asia Pacific region is expected to rise owing to the growing exploration activities in Southeast Asia. Australia, Malaysia, and China are likely to emerge as leading consumers of offshore support vessels. The market is also expected to gain from the rising investments in oil and gas activities in regions such as North Sea, West Africa, and the U.S. Gulf of Mexico. However, the Middle East is anticipated to emerge as the dominant market region over the coming years.

Companies Mentioned in the Report

Leading players operating in the global offshore support vessels market are focusing on strategies such as new and innovative product launch and agreements in terms of distribution to expand their market penetration. Some of the companies in the market are Rem Maritime As, Bass Marine Pty Ltd., Harvey Gulf, Island Offshore Management, Havila Shipping ASA, and Intermarine LLC.

About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Self-Adhesive Vinyl Films Market Trends, Share, Industry Size 2026

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- There are two major types of self-adhesive vinyl films: printable and non-printable. Self-adhesive vinyl films are translucent, transparent, and opaque. Based on formulating technology, Self-adhesive Vinyl Films can be made by casting or calendering. Under calendering, there are polymeric calendered films and monomeric calendered films. Calendared films are cheaper to make as compared to cast films due to the low energy cost and lack of casting cost. They are designed for short to medium term exposure applications. Casting is carried out for thinner films with less internal tension, potentially higher surface gloss, and formulation variables that can extend their exterior life. Retail branding, which covers signage, high-quality photo prints, and floor graphics, is the major potential self-adhesive vinyl films market.

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Self-adhesive Vinyl Films Market: Overview

Lead free and heavy metal free inks are used to offer flexibility and durability and lead pigments are eliminated from all graphic film without degrading their performance. Manufacturers are constantly refining and improving the production process. This started with the development of base formulation, which improved film performance in terms of mechanical properties, durability and color consistency. Sensitive and intelligent control systems are used as parameters to enhance film quality. The manufacturing process and films are more consistent and uniform than before. Major properties of cast films such as durability, anti-shrinkage, and elasticity enable them be used in variety of applications and substrates.

Self-Adhesive Vinyl Films Market: Regional Outlook

In terms of region, the self-adhesive vinyl films market can be divided into Asia Pacific, Europe, North America, MEA and Latin America. Asia Pacific accounts for major share of the self-adhesive vinyl films market, followed by Europe. Asia Pacific and Europe are key regions for retail branding, which covers signage, high quality photo prints, and floor graphics. North America is also a key region of the self-adhesive vinyl films market.

Self-adhesive Vinyl Films Market: Key Players

Key players operating in the global self-adhesive vinyl films market include 3M, Avery dennison, Mactac, LG Hausys, Lintec, Hexis Graphics, Arlon Graphics, LLC, Metamark, FDC Graphics, KPMF, PVC Film Company, and Vinyl Wrap Co.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Florol Market Is Anticipated to Increase Due to the Growth in the Perfume Industry Across Globe

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- Florol is a group of fragrance chemicals with the IUPAC name 4-methyl-2-(2-methylpropyl)oxan-4-ol. It is used in the manufacture of perfumes and other odorous products. The molecular formula for florol is C10H20O2 and the molecular weight of the compound is 172.26. Florol is a member of the hydroxypyran chemical family and is structurally related to rose oxide. Florol is found as a colorless to pale yellow oily liquid. It is also commercially known by its other names including muguetol, floriffol, floral pyranol, and floros. Florol is part of the group of odorous chemicals with the floral scent that is found in flowers such as lily of the valley. There are four types of florol isomers, each having a slightly different odor and intensity. Florol compounds do not require a stabilizer when used in perfumes and show tenacity for around three days on a smelling strip. Florol is soluble in alcohol and water, either of which can be used as a base carrier for the compound in its applications.

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Florol can be isolated from flower petals; however, the source material for its commercial manufacture is petrochemicals. Florol is generally manufactured by the Prins reaction, which involves the reaction between isoprenol and isovaleraldehyde. Alternatively, the compound can be prepared by the cyclization of derivatives of the reactants used in the Prins reaction. Florol can also be used as a building block in the manufacture of another fragrance compound called Clarycet. Clarycet has the scent of herbal-floral with a hint of dried fruit. Florol can also be used to replace volatile odorous chemicals such as floral aldehydes, as the compound is a stable and substantive chemical building block. Florol is used in the manufacture of several perfumes of well-known perfume brands such as "Romance" (Ralph Lauren8) 3%, "XS for her" (Paco Rabanne) 0.5%, "L'Eau d'Eden" (Cacharel) 0.16%, "Dazzling Gold" (Estee Lauder) 8.5%,"O oui" (Lancome) 5.5%, "J'adore" (Dior) 5.6%, "L'Eau de Kenzo masc" (Kenzo) 1%, and "Fragile" (Jean Paul Gaultier) 2.7%. Apart from perfumes, florol is also used to impart fragrance to products such as shampoos, shower gels, body soaps, and detergents.

The global demand for florol is anticipated to increase in the next few years due to the growth in the perfume industry across the world. Increase in usage of soaps and detergents in many parts of the world is also expected to boost the demand for florol. Demand for florol is high in the large perfume manufacturing industry in Western Europe. Germany, Italy, Switzerland, France, and the Benelux are the key consumers of florol in this region; several top perfume brands have their manufacturing facilities in Western Europe. However, environmental concerns about the chemicals used in the manufacture of perfume are expected to pose significant threat to the florol market in the region. Asia Pacific is anticipated to be one of the rapidly growing markets for florol during the next decade. The perfume manufacturing industry is expanding rapidly in countries such as China, India, Malaysia, and Indonesia. This is likely to fuel the demand for florol. The use of florol in soaps and detergents is also rising in Asia Pacific. Demand for florol is also high in developed countries in Asia Pacific such as Japan and South Korea. Growth of the florol market in the U.S is likely to be sluggish, as the market in this country is at a mature stage. GCC is a key consumer of florol due to the high demand from the large perfume industry in the region. Other important countries in the global florol market are Brazil, Mexico, and South Africa.

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Key players operating in the florol market are Ernesto Ventos, Firmenich SA, Givaudan, Indukern F&F, Penta Manufacturing Company, The Good Scents Company, BASF SE, and Vigon International.

For more information on this press release visit: http://www.sbwire.com/press-releases/florol-market-is-anticipated-to-increase-due-to-the-growth-in-the-perfume-industry-across-globe-1114845.htm

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Smart Coatings Market Is Projected to Reach US $9.82 Bn by 2025

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- In order to steal a march over their competitors, success-hungry players in the global smart coatings market are resorting to product development to cater to the different requirements of their customers. This has led to the emergence of eco-friendly, anti-corrosion coating platform, which is also cost effective and lightweight. Many other products with unique features are being developed in the market.

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Some of the prominent names operating in the global smart coatings market are 3M, PPG Protective & Marine Coatings, BASF SE, Inducoat, Dow Corning, Royal DSM, and NEI Corporation.

A report by Transparency Market Research predicts the global smart coatings market to expand at a phenomenal 29.8% CAGR during the period between 2017 and 2025. Rising at this rate, the market which was worth US$1.1 bn in 2016, is projected to reach US$9.82 bn by 2025.

Depending upon the types of products, the global smart coatings market can be divided into self-cleaning, self-healing, anti-microbial, anti-corrosion, self-dimming, etc. Of them, the segment of anti-corrosion coatings dominates the market owing to their considerable demand from North America, Europe, and Asia Pacific. They find applications in end-use industries such as automotive, electronics, and military, among others.

Geographically, the key segments of the global smart coatings market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Currently, Asia Pacific outshines all other regions vis-a-vis growth rate because of the increased pace of manufacturing and infrastructure development in India and China. The TMR report predicts the region to clock a phenomenal CAGR of 38.6% from 2017 to 2025.

Ability to Offer Strong Protection to Surfaces Makes Smart Coatings Immensely Popular

Smart coatings are enjoying a solid demand because of their ability to accord protection to the surface on which they are applied from any sort of damage resulting from microbial attack, corrosion, dust, oil, moisture, etc. "In aerospace, smart coating can indicate damage on an aero engine or oil and gas platform or even in a composite being used to save weight on an aircraft. It can also find application as a barrier coating for a packaging film and also be transparent and moisture ingress. Because of such unique characteristics, such coatings are seeing widespread application in military, aerospace, healthcare, and automobile segments. Even consumers are willing to pay premium prices for such smart coated products," explains the lead analyst of the TMR report.

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Emergence of Lightweight Smart Coating Opens New Growth Avenues for Market

Smart coating material, on the flipside, increase the weight of the final products. This, until a while back was posing a roadblock to their uptake in segments such as consumer electronics, apparels, etc. Besides, their environmental impact was also dealing a blow to the demand. However, savvy players have already come up with lightweight, eco-friendly products, which is helping to tackle such problems.

For more information on this press release visit: http://www.sbwire.com/press-releases/smart-coatings-market-is-projected-to-reach-us-982-bn-by-2025-1114846.htm

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High Performance Alloys Market Is Anticipated to Reach USD 9.09 Billion by 2020

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- The global high performance alloys market receives a high degree of impetus from the aerospace and power industries. Increasing global population, changing consumer preferences, development in economy, consumer awareness, and urbanization are some other factors that are driving the high performance alloys market. Technological advancement and an increased level of production leading to attaining economies of scale have enabled the use of high performance in a wide range of applications.

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High performance alloys are characterized by excellent mechanical strength, superlative corrosion, good surface stability, and oxidation resistance. They are designed to be suitable for intense conditions such as elevated temperatures and pressures. These properties of high performance alloys make them ideal for a number of industrial applications. Besides their typical applications in the aerospace industry and in the industrial gas turbines sector, high performance alloys are used in automotive, military, oil and gas rail engineering, marine, electronics, and other industrial applications.

However, factors such as high costs involved in the manufacture of high performance alloys over conventional alloys is estimated to challenge the market's growth. Nevertheless, development of light weight, high strength, and high performance alloys is expected to benefit the growth of this market.

The global market for high performance alloys is expected to rise to a valuation of US$9.09 bn by 2020 increasing from US$6.82 bn in 2013 at a CAGR of 4.2% between 2014 and 2020.

Aerospace to Stay as Leading Application Segment in Future

Non-ferrous alloys stood as the leading product segment holding 51.0% of the overall market in 2013. Due to the superior mechanical properties of non-ferrous alloys, they are suitable for a large number of applications. Superalloys are the second-leading product segment in this market. Superalloys are characterized by toughness, superior phase stability, high temperature strength, and resistance to corrosion and oxidation.

In 2013, aerospace stood as the leading application segment accounting for 56.9% of the overall market for high performance alloys. This is because almost 60% of an aircraft is constituted of high performance alloys. This application segment is expected to dominate in the forthcoming years as well. Power generation applications are expected to display substantial demand for high performance alloys as gas turbines require high quality materials that can withstand elevated temperatures.

Asia Pacific to Emerge as Significant Consumer of High Performance Alloys

North America stood as the leading regional market for high performance alloys in 2013. This was followed by Europe on account of increasing demand for high performance alloys from the automotive industry. The U.K. and Germany are the leading consumers of high performance alloys in the region. Asia Pacific and the Middle East in the Rest of the World are anticipated to be next fastest growing regional markets in terms of demand. Strong economic growth in these regions leading to the growth of aviation industry is displaying a high demand for high performance alloys for the manufacture of aircraft. This includes demand for high performance alloys for commercial as well as defense aircraft. The oil and gas industry is also expected to be a significant consumer of high performance alloys in the Middle East.

The Rest of the World region is expected to display significant demand for high performance alloys in the future. Latin America is one of the leading consumers of high performance alloys in this region. Strong economic growth in the region has benefitted leading airlines as well as low-cost carriers in terms of increased air traffic. This, in turn, has benefitted the growth of high performance alloys market.

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Some of the leading companies in the global high performance alloys market are Allegheny Technologies Inc., Carpenter Technology Corporation, VSMPO, Aperam, and RTI International Metals Inc.

For more information on this press release visit: http://www.sbwire.com/press-releases/high-performance-alloys-market-is-anticipated-to-reach-usd-909-billion-by-2020-1114847.htm

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Caustic Soda Market Expanding at a CAGR of 3.7% Between 2014 and 2020

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Albany, NY -- (SBWIRE) -- 01/03/2019 -- The global caustic soda market is prognosticated to gain momentum for a reliable growth during the forecast period 2014–2020 on the back of some powerful driving factors. In the foreseeable future, the growth in the global caustic soda market is anticipated to be bolstered by an elevating demand for paperboards and paper. However, the rise of the aluminum industry could also be an enough reason for the expected substantial demand in the global caustic soda market. Soaps and detergents, alumina, and pulp and paper are some of the downstream products that are predicted to influence the global caustic soda market at a telling rate with their demand.

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The world caustic soda market could be restrained by the energy-intensive process of the production of caustic soda. Howbeit, new avenues for growth are projected to pamper participants operating in the world caustic soda market with upcoming business opportunities in reasonably untapped African regions. According to a market intelligence report compiled by seasoned analysts, the world caustic soda market is prophesied to achieve a revenue valuation of US$39.75 bn by the end of the forecast period.

Players to Focus on Aggressively Growing Alumina Market

Securing an almost 20.0% larger share in terms of volume in the recent past, organics was followed by pulp and paper and other segments such as textiles, petroleum processing and food processing in the international caustic soda market. A variety of organic chemicals are produced with the help of caustic soda used as a vital reactant. However, alumina is envisaged to take the charge in the international caustic soda market by growing at a faster pace.

The international caustic soda market could also be strengthened by extensive applications in process industries where caustic soda is engaged as an industrial chemical used for general purposes. Coupled with chlorine, caustic soda is usually produced through the chloralkali process. In a general scenario, an approximate 1.1 ton of 100.0% caustic soda can be generated for every ton of chlorine. Although industrially produced as 50.0% solution in water, caustic soda is obtained by water evaporation in the solid state. The common applications of solid caustic soda could be cast blocks, pellets (prills), and flakes.

For the purpose of making fiber receptive to textile applications such as dying and bleaching, caustic soda is employed to separate oils and waxes from it. With more applications gaining prominence in the textile sector, the international caustic soda market could be foreseen to increase demand.

Asia Pacific to Impress with Larger as well as Faster Growth

On the basis volume, Asia Pacific had accounted for a whopping above 50.0% share in the worldwide caustic soda market. This dominance is envisioned to continue in the coming years as Asia Pacific could take the lead in the worldwide caustic soda market. Moreover, the region is foretold to rise at a swift rate until the concluding forecast year. Asia Pacific had witnessed China as a major share caustic soda market and could well testify its lead in the next few years. Apart from China, other developing nations such as India looking to up their GDP growth are forecasted to mark some handsome growth opportunities for the Asia Pacific caustic soda market. The emerging economies in Asia Pacific could also stimulate demand while riding on the enlargement of a number of end-use sectors.

The worldwide caustic soda market is foretold to observe the prominence of Latin America and Australia in respect of imports whereas the Middle East and Asia and North America could be leading exporters.

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On the part of key players, Occidental Petroleum Corporation, Reliance Industries Limited, AkzoNobel N.V., Olin Corporation, and The Dow Chemical Company are expected to demonstrate supremacy in the worldwide caustic soda market.

For more information on this press release visit: http://www.sbwire.com/press-releases/caustic-soda-market-expanding-at-a-cagr-of-37-between-2014-and-2020-1114848.htm

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