#429
Kevin Wilson
posted a blog.
The global market is worth US$ 554.2 Mn in 2018 and expected to grow at a CAGR of 19.3% during the forecast period from 2019 to 2027.
Market Insights
"Growing need for smart airport accelerating IoT in airports"
The rapid increment in the air travel passengers and growing number of air traffic has demanded the technology such as the internet of things (IoT) which will have a significant impact on streamlining the operations in airports. With millions of connected devices communicating with each other with the launch of 5G technologies in near future, the aviation industry expecting to leverage growing IoT trends and achieve endless benefits such as optimized fleet operations, fuel savings, enhanced safety and security standards, and better MRO shifts.
The IoT technology revolutionizes modern-day flying, radically improvising fleet maintenance, engine performance, and safety. With enhanced MRO scheduling, airlines are experiencing cost-saving in their annual budget. Moreover, there is high demand for transforming some of the busy airports of the world into smart airports to reduce the burden of over-trafficking and make the passenger experience more comfortable. This has largely influenced the airliners and airport authorities to upgrade their current technology with IoT.
Browse the full report at https://www.credenceresearch.com/report/iot-in-aviation-market
However, IoT is still in a nascent phase and the market players are currently innovating complex systems used in airlines and airports. Furthermore, there is a lack of comparable technological capability across the world which will determine the extent to which IoT will grow in the near future. This will also reduce the growth rate in those technologically less advanced regions of the world.
The overall IoT in aviation market is competitive in nature and it is growing at moderate rate. The market players are adopting strategies such as launching new solutions, partnership, agreements, to stay competitive in the market.
Industrial Developments
In February 2020, Lufthansa Group, a German airliner renewed its partnership with Amadeus IT Group SA, expanding its collaboration to enhance passenger experience. Through this agreement, the airline will use Amadeus’s Altéa Passenger Service System (PSS) for reservation, ticketing, inventory and disruption management. Along with Lufthansa, other airlines such as Austrian Airlines, Brussels Airlines, Swiss International Air Lines and Air Dolomiti, are also included in the agreement.
• In July 2019, ReFirm Labs, IoT and firmware security solutions provider, announced the strategic technology partnership with Wind River Systems, Inc. Together, both companies will develop the ReFirm Labs’ Centrifuge Platform® for IoT security along with Wind River’s VxWorks® real-time operating system, utilized in commercial air-planes, space exploration and military operations.
Key Market Movements:
Base on component, IoT software segment expected to grow at the fastest rate during the forecast period.
• Base on application, ground operation segment expected to grow at the fastest rate during the forecast period.
• Based on end-use, airport segment expected to drive the major growth of the market during the forecast period.
• Based on region, North America was the largest region of global IoT in aviation market in 2018. Subsequently, it is estimated that the same region to grow at the fastest rate during the forecast period.
List of Companies Covered:
IBM
• Microsoft Corporation
• Wind River Systems, Inc.
• Amadeus IT Group SA
• Cisco
• SAP SE
• Huawei Technologies Co., Ltd.
• Honeywell International Inc.
• Aeris
• Sendum Wireless Corporation
• GlobeRanger (Fujitsu)
• and Others
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
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Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
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Kevin Wilson
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The Remote Browser market was valued at US$ 1838.5 Mn in 2018 and expected to grow at a CAGR of 17.9% during the forecast period from 2019 to 2027.
Market Insights
“Rising data breaching cases increases the demand for remote browser globallyâ€
With the rise in digitalization, there has been an increase in the usage of the remote browsers. The remote browsing market is gaining popularity due to various factors such as an increasing number of cyber-attacks and rising penetration of the internet across the globe. Additionally, with technological advancement, the risk associated with hacking and malware attacks is increasing. Thereby, is increasing the demand for security solutions resulting in the adoption of remote browsers. Remote browser solutions helps the organizations to upgrade the security and remove viruses. Moreover, the remote browser also provides the user with secure control over the data. The companies across the globe are adopting browser isolation tool for securing their data that propels the growth of the market.
The research studies suggest that by the year 2022, approximately 25% of the enterprise will adopt remote browser systems thereby, is expected that there will be about 70% reduction in the cyber and data attacks globally. The foresaid factor is one of the reason for the growth of remote browser market globally.
Browse the full report at https://www.credenceresearch.com/report/remote-browser-market
Top manufacturers of remote browser are focusing to increase their product portfolio by launching new products in the market.
Industrial Developments
• In March 2019, Cyberinc release new platform. The Isla Isolation Platform delivers most comprehensive isolation security solution that aims to control traditional secure web gateway along with isolation of web, email and documents.
• In February 2019, Light Point Security launched a new browser isolation platform. Remote browser isolation technology offered by Light Point Security’s moves overall web content to a remote isolated environment. The new platform by isolating user’s browsing activity in virtual environment web content doesn’t infect the corporate network.
Key Market Movements:
• Globally, the Remote Browser market is rising at a CAGR of 17.9% for the estimated period from 2019 to 2027.
• North America dominated the global Remote Browser market in the year 2018 and expected to continue its dominance during the forecast period. Due to presence of top remote browser developer in the region. Moreover, rising adoption of remote browser by various organizations supports the market growth.
• Europe expected to grow at a significant rate during the forecast period due to wide adoption of remote browser by various organizations in the region. Moreover, rising number of data breaching cases supports the market growth.
• The type segment sub-divided into chrome, firebox, opera, internet explorer, safari and others. The chrome segment expected to hold the largest share over the forecast period.
• Based on end-use industry, BFSI expected to hold the largest share in the overall remote browser market during the forecast period due to rising demand for safety financial transactions globally. Moreover, rising awareness about cyber security in the banking industry supports the market growth.
List of Companies Covered:
• Menlo Security
• Symantec Corporation.
• TuCloud Federal Inc.
• Bromium Inc.
• BeyondTrust Corporation.
• Cigloo
• Citrix Systems, Inc.
• Ericom Software
• Light Point Security
• Cyberinc
• Authentic8, Inc.
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
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Kevin Wilson
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The portable charging units market was valued at US$ 11.47 Bn in 2018 and expected to grow at a CAGR of 18.7% during the forecast period from 2019 to 2027.
Market Insights
"Rise in smartphone sales worldwide will boost the demand for Portable Charging Units Market"
The surge in smartphones demand across the globe coupled with rising technological advancements in consumer electronics are anticipated to drive the global portable charging units market throughout the forecast period from 2019-2027. The rise in the adoption of smart devices and the decline in power bank costs are further expected to uplift the market demand in the years to come. The Asia Pacific dominated the global portable charging units market in 2018.
The rise in smartphone power consumption and the rising adoption of wearable devices are some other factors expected to enhance the market demand over the estimated period. The surge in capacity requirements by smart devices along with quick economic development are some of the other factors anticipated to enhance the market growth during the forecast period. In addition, the launch of new products by major companies is one of the important factors anticipated to drive market demand. For instance, in February 2020, RAVPower launched a new 60W PD power bank for Apple MacBook Pro. The aforementioned newly launched device is portable power reservoir, pocket-friendly, & powerful and compatible with various devices such as iPhone 11 Pro Max, MacBook Pro, Samsung Galaxy S10 and others. However, the recycling cost of Li-ion batteries and complex design processes are some restraints projected to hinder the market demand over the forecast period.
Browse the full report at https://www.credenceresearch.com/report/portable-charging-units-market
New product launches with advanced technical features along with geographic expansion are expected to be the major growth strategies for the market players in years to come. The portable charging units market is highly fragmented due to the presence of numerous global, regional and local players.
Industrial Developments
In February 2017, Anker Innovations launched Anker Power Core Fusion, a 5000mAh portable battery charger with a built-in A/C pin. The aforementioned device is a complete solution for smartphone charging.• In October 2019, in China Lenovo Group Limited launched a 50W think plus power bank with 14000mAh battery. The abovementioned power bank comes with high-temperature, short circuit protection and compatible with USB QC 3.0/2.0, PD2.0.
Key Market Movements:
Globally, the portable charging units market is growing at a CAGR of 18.7% for the projected period from 2019 to 2027• Asia Pacific accounted for major share in the global market in 2018 owing to the growing adoption of smartphones and rapid urbanization. The region expected to continue its dominance over the forecast period due to a surge in economic growth coupled with the presence of prominent market players in the region.• In 2018, North America contributed to a substantial share in the global market. Early technological adoption and presence of some major players such as Belkin International, Inc., Griffin Technology, Duracell, Inc., and others.• Based on the battery type, the Lithium-ion battery segment accounted for the largest share in 2018. The segment contributed to more than 65% of the global market share. Higher energy density, less manufacturing cost, and low maintenance costs are the major factors for segment dominance.• Innovative product launch is anticipated to be the major strategy by key players
List of Companies Covered:
Anker Innovations• Samsung Group• Aukey• Xiaomi Corporation• ADATA• RAVPower• GRIFFIN Technology• Lenovo Group Limited• AMBRANE• Vertex, Inc.• INTEX• Zendure• Duracell Inc.• Belkin International, Inc.• Sony Corporation
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
E-mail: sales@credenceresearch.com
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Kevin Wilson
posted a blog.
The distributed fiber optic sensor market was valued at US$ 1,027.3 Mn in the year 2018 and expected to reach US$ 2,698.2 Mn by the year 2027, expanding at a CAGR of 11.4% during the forecast from 2019 to 2027.
Market Insights
"Increasing Demand for advanced sensors expected to spur the Distributed Fiber Optic Sensors demand over the Forecast Period"
Flourishing demand for advanced sensing capability in various industry verticals to monitor real-time events has open numerous opportunities for the market players in sensor technology to develop and innovate next-generation sensors. Distributed fiber optic sensor is a dynamic approach that uses laser light backscattering along with an optical fiber strand to measure the surrounding environmental properties. The optical fibers used in DFOS application is a thin silica glass strands that transmit data over long distance with minimal loss.
The global distributed fiber optic sensor market witness substantial growth during the forecast period owing to on-going advancements in the fiber optic sensing technology to upgrade the early risk detection technology and long-term monitoring. In addition, increasing investment in distributed sensing has also gained a significant pace after its alarming adoption rate in the civil and automotive industry.
Browse Full Report: https://www.credenceresearch.com/report/distributed-fiber-optic-sensor-market
The global distributed fiber optic sensor market expected to be highly competitive in the coming years owing to increasing investment in new product launch, development, and regional expansion. The market players also believe in collaboration and partnership agreement to gain access to multiple patents on distributed fiber optic sensor domain to enhance their product and service portfolio.
Industrial Developments
On October 07, 2019, NEC Corp. and Verizon Wireless collaborated together to use the existing fiber optic cables laid in the Texas city as distributed fiber optic sensors to gather information on road conditions, traffic patterns, vehicle classification, and road capacity. The proof-of-concept field trial uses sensor technology along with artificial intelligence based software developed by NEC Corp. for intelligent traffic monitoring.• On January 05, 2016, Bandweaver launched new range of products for Horizon Distributed Acoustic Sensing (DAS). The new product specialized in Third Party Intrusion (TPI) detection for a range of products ranging from pipelines to power cables. The new product uses optical & electrical processing technology along with this it measures 100 Km from single unit.
Key Market Movements:
Globally, the distributed fiber optic sensor market projected to witness a CAGR of 11.4% during the forecast period from 2019 to 2027• Raman Scattering Effect dominated the global distributed fiber optic sensor market in the year 2018 owing to its accurate measuring capacity of physical parameters. In addition, it has wide adoption in construction and oil & gas applications.• By application segment, temperature anticipated to dominate the global distributed fiber optic sensor market in the year 2025. Increasing pipeline monitoring in the oil & gas industry and risk/fault evaluation in transmission & distribution sector attributed significantly to the segment growth.• The acoustic application seeks opportunistic growth over the forecast period owing to its increasing application in security• North America captured the highest revenue share in the year 2018 and projected to continue its dominance during the forecast period. The prime factor supporting the significant regional growth is a steep rise in the oil & gas industry over the past few years. However, the Asia Pacific accounted for the most lucrative region in the global distributed fiber optic sensor market.
List of Companies Covered:
Schlumberger Limited• Weatherford International Plc• Halliburton Company• Omnisens SA• Brugg Kabel AG• Yokogawa Electric Corporation• OFS Fitel LLC• Luna Innovations Incorporated• AFL• Ziebel AS• QinetiQ Group Plc• Bandweaver• AP Sensing GmbH
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
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Kevin Wilson
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The specialty synthetic & glass fiber market was valued at US$ 64.3 Bn in 2018 and expanding at a CAGR of 6.5% throughout the forecast period from 2019 to 2027.
Market Insights
"Increasing demand for specialty synthetic & glass fiber in wind energy will spur revenue growth during the forecast period"
The specialty synthetic and glass fiber has been gaining remarkable momentum. The gradually intensifying demand for specialty synthetic and glass fiber owing to rising environmental concerns, technological advancements in application of fibers especially in industries such as aerospace and defense, and wind energy among others are influencing the growth of the market. The rising innovation and investments in research and development for making light weight and durable products is expected to present lucrative opportunities for the growth of specialty synthetic & glass fiber market.
In addition, growing automotive, and building & construction industry especially in the developing nations including India, and China among others are anticipated to bolster the demand for specialty synthetic & glass fiber products thus driving the specialty synthetic & glass fiber market growth. Moreover, high cost of production, high energy intensive production process and low market penetration are factors hampering the market growth.
Browse full report at https://www.credenceresearch.com/report/specialty-synthetic-and-glass-fiber-ssgf-market
Industrial Developments
For instance, in June 2018, Owens Corning has signed a strategic partnership and supply agreement with Chongqing Polycomp International Corp. (CPIC) for the manufacture of high modulus fiberglass products in China. This agreement allows both companies to supply high-end fiberglass products to the wind energy sector.
In July 2019, Mitsubishi Chemical Corporation announced its expansion plans to start a new carbon fiber sheet production facility in Italy. Through this the company plans to expand its geographical presence in the European region and increase its product penetration in Europe.
Key Market Movements
In 2018, the global specialty synthetic & glass fiber market was valued US$ 64.3 Bn and is mounting at a CAGR of 6.5%.
Based on application, the market is classified into composite, and non-composite. Composite segment leads the specialty synthetic and glass fiber market and contributed more than 55% of the revenue share globally. Owing to new technological advancements in composite solutions, high performance, and increased application in various end-use industries including automotive, aerospace & defense, wind energy, and building and construction among others.
The use of fiber in composites offer benefits including better performance than traditional metals, micro-crack resistance, electrical conductivity, and fatigue resistance among others.
Asia Pacific region holds the largest share in the global specialty synthetic & glass fiber market in terms of market revenue. This can be associated with rapidly increasing infrastructure sector, automotive sector and presence of major players among others in the growing economies of China and India.
List of Companies Covered:
Owens Corning
Nippon Electrical Glass Co.
Honeywell International
Jushi Group Co. Ltd.
Toray Industries, Inc.
SGL Group
Mitsubishi Chemical Holdings Corporation
Hexcel Corporation
DuPont
Royal DSM
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
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Kevin Wilson
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The global market is worth US$ 80.46 Bn in 2018 and expected to grow at a CAGR of 6.7% during the forecast period from 2019 to 2027.
Market Insights
"Growing demand for engineering plastics from high-performance industries driving the market growth"
Advancement in plastic technology made plastic more superior to its competitors like metals and ceramics, resulting in its increased role in industrial applications. The superior properties such as durability, flexibility, corrosion resistance, thermal resistance, and machinability made the engineering plastics one of the best materials to use in automotive, electrical & electronics, packaging, consumer appliances, and building & constructions, etc. among others.
The rapidly growing automotive sector, with its new technological trend such as electrical and hybrid vehicles, the market has high potential to grow in the coming future. Engineering plastics like acrylonitrile butadiene styrene (ABS), polyamide, and polyurethane are widely used in the manufacturing of the vehicle components. Further, to achieve the UN’s sustainable goals, many countries are charting regulations to reduce vehicle emission rates. This has increased the demand for engineering plastics at the global level thereby, positively impacting the global engineering plastic market.
Overall, the global engineering plastics market was US$ 80.46 Bn in 2018 and expected to reach US$ 142.99 Bn in 2027, growing with a CAGR of 6.7% from 2019 to 2027.
Browse the full report at https://www.credenceresearch.com/report/engineering-plastics-market
The overall engineering plastics market is slightly fragmented in nature and it is growing at a moderate rate. The market players are adopting strategies such as acquisition and increasing production capacity to stay competitive in the market. Some of the leading global players included in the reports are BASF SE (Germany), Covestro AG (Germany), Solvay (Belgium), etc. among others.
Industrial Developments
• In January 2019, Celanese Corporation, a global manufacturer of specialty materials has acquired Next Polymer Ltd., one of India’s largest thermoplastic compounders. With this acquisition, the company increased its portfolio and established itself as one of the leaders in the rapidly growing Indian ETP market.
• In September 2019, Lanxess, a German specialty chemicals company started its new plant facility in China. This new plant is producing Durethan- and Pocan-branded high-tech plastics especially used in the automotive and electrical & electronics industry. With this new facility, the company has increased its annuals productions capacity and expected to increase its market share in the growing Chinese automotive market.
• In October 2019, Lanxess, a specialty chemical company, announced its plan to use artificial intelligence (AI) for product development. The aim of the project is to expand its product range of pre-polymers. With the use of advanced digital technology, the company is expecting to speed up the process of product development and provide customers with tailor-made polyurethane systems.
Key Market Movements:
• The global engineering plastics market estimated to grow with a CAGR of 6.7% from 2019 to 2027.
• Based on end-use, engineering plastics are majorly used in the automotive industry. The growing market of electric & hybrid vehicle has influenced the market growth.
• Based on the region, Asia Pacific is the largest region of global engineering plastics market in 2018. Subsequently, the region is expected to grow at the fastest rate from 2019 to 2027.
List of Companies Covered:
• BASF SE
• Covestro AG
• Solvay
• Celanese Corporation
• DuPont
• LG Chem
• SABIC
• Evonik Industries
• Lanxess
• Mitsubishi Engineering-Plastics Corporation
• and among others
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
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Kevin Wilson
posted a blog.
The video surveillance and VSaaS market was valued at US$ 43.38 Bn in 2018 and expected to grow at a CAGR of 17.2% during the forecast period from 2019 to 2027.
Market Insights
“Growing technological innovations globally will enhance the demand for video surveillance and VSaaS Marketâ€
The surge in technological innovations coupled with rising government focus on security & safety is projected to drive the video surveillance and VSaaS market throughout the forecast period from 2019-2027. The growing adoption of IP-based VSaaS services and the rise in the use of video surveillance for regulation & control are some other factors expected to enhance the market demand in years to come. In 2018, Asia Pacific and North America had a significant share in the global video surveillance and VSaaS market.
Browse the full report at https://www.credenceresearch.com/report/video-surveillance-and-vsaas-market
The rising video analytics market along with the growing adoption of surveillance systems in numerous industries (such as transpiration, retail outlets, business organizations, government buildings, hospitality, and others) is another major factor expected to drive the market over the forecast period. The video analytics market estimated at around US$ 3.0 Bn in 2018 and anticipated to reach over US$ 9 Bn by 2024 at a CAGR of more than 21.5% during the forecast period. The surge in product launch by manufacturers is further anticipated to enhance market demand. For instance, In December 2019, Robert Bosch GmbH launched new IP 3000i Series Cameras. The newly launched cameras come with enabled essential video analytics that is expected to increase its video surveillance and security features.
Presence of a large number of regional as well as domestic players in the global video surveillance and VSaaS market are making the global market highly fragmented. Strategic partnerships, acquisitions, mergers, and collaborations are anticipated to be the major strategies followed by key market players.
Industrial Developments
• In April 2019, Honeywell Security Group integrates Intel Vision products in its MAXPRO security platform. The integration will enable Artificial Intelligence capabilities to video surveillance and video security.
• In September 2018, Hangzhou Hikvision Digital Technology Co., Ltd. partners with Videonetics for technology integration in its security products and solutions. In this partnership, Videonetics IVMS (Intelligent Video Management Software) integrates with the Hangzhou Hikvision Digital Technology Co., Ltd. network cameras that will enhance the video security and surveillance capabilities.
Key Market Movements:
• Worldwide, the Video Surveillance and VSaaS market is growing at a CAGR of 17.2% in revenue terms for the estimated period from 2019 to 2027
• North America dominated the global market in 2018 owing to the developed economy and the presence of major market players in the region. Developed infrastructure and early technological adoption are some other factors responsible for the substantial share.
• In 2018, Asia Pacific had significant share and expected to grow at a rapid pace in years to come owing to growing infrastructural development coupled with the rising deployment of video cameras in the region. India, China, Indonesia and other emerging economies of Asia Pacific are projected to be the major contributors.
• Based on the type, the IP-based video surveillance and VSaaS segment contributed to a major share in the global market in 2018. Rapid technical advancements and surge in innovative IP-based product launches are the major factors for segment dominance.
• New product development coupled with acquisitions, and strategic collaborations are projected to be the key strategies by the major players
List of Companies Covered:
• Honeywell Security Group
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Robert Bosch GmbH
• Cisco Systems Inc.
• Pelco, Inc.
• Genetec, Inc.
• Mobotix AG
• FLIR Systems, Inc.
• Panasonic System Networks Co. Ltd.
• D-Link Systems, Inc.
• GeoVision, Inc.
• Agent Video Intelligence Ltd.
• Axis Communications AB
• NETGEAR Inc.
• Canary Connect, Inc.
• Homeboy, Inc.
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
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Kevin Wilson
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The protein bars market was valued at US$ 1,250 Mn in 2018 and expected to grow at a CAGR of 6.7% during the forecast period from 2019 to 2027.
Market Insights
“Increasing demand for convenience food drives the overall protein bars marketâ€
Global health and wellness trends drives the overall protein bars market. The research study suggests that there is a 70% increase in the consumption and launch of new energy and cereal bars during the past few years. Thereby, supports the growth of the market. Moreover, more than 50% of the consumers in the U.S. consumes any type of snack and other bars products on a regular basis. Additionally, about 25% of the consumers consumes meal replacement bars.
Major manufacturers of protein bars are expanding their reach and entering into new geographies. For instance, in December 2018, Tom Oliver Nutrition, a UK based supplement firm expands its reach into Asia market. Through this expansion, Tom Oliver Nutrition aims to deliver its newly launched high-protein bars into Asia Pacific market. Tom Oliver can capture a number of opportunities such as increasing health consciousness from the Asia Pacific markets by offering new nutritious products.
Top manufacturers of protein bars are focusing to increase their product portfolio by launching new bars in the market.
Browse the full report at https://www.credenceresearch.com/report/protein-bars-market
Industrial Developments
• In November 2019, Suspro Foods increased its product portfolio by launching new bars. The new bars are offers benefits of both nutrition and protein bars. Moreover, the new bars derived from allergen friendly and plant-based proteins. The bars comes in two category namely, snack protein and high protein.
• In May 2019, Science in sports (SiS) launched a new high protein plant-based bar. The Smart Bar Plant is a vegan bar, having low sugar content. The smart bar plant is mainly designed for gym and sport persons. The Smart Bar Plant is approved by Vegetarian Society as vegan, and composed from 100% natural and gluten-free ingredients.
• In June 2018, Tom Oliver launched new vegan protein bar. The new protein bar offers 15% less calories, 38% less fat and 15% more protein than other protein bars in the market. Moreover, the new protein bar comes in four flavors chocolate mint, chocolate caramel, chocolate coconut and chocolate raspberry.
Key Market Movements:
• Globally, the protein bars market is rising at a CAGR of 6.7% for the estimated period from 2019 to 2027
• North America dominated the global protein bars market in the year 2018 and expected to continue its dominance during the forecast period. The dominance is due to increasing health consciousness among people and increasing demand for healthy and ready to eat food in the region.
• Europe expected to grow considerably due to rising consumer preference towards natural products and gluten-free products. The growth of food emulsifiers in the European market is driven by factors such as increasing health and fitness trends among European consumers.
• The protein content segment sub-divided into high protein, medium protein and low protein. The high protein hold the largest share in the year 2018 due to inclination of consumers towards fit and healthy lifestyles.
• The category segment further classified into nutrition bars, gluten-free bars and others. The nutrition bars holds the largest segment in 2018. As nutrition bars offers weight loss tool for overweight and obese people.
List of Companies Covered:
• Tom Oliver Nutrition
• Abbott.
• The Balance Bar Company
• Think!
• Caveman Foods LLC
• Clif Bar & Company.
• QuestNutrition
• Kellogg NA Co.
• Simply Good Foods USA, Inc.
• NuGo Nutrition
• Prinsen Berning
• Mars Inc.
• General Mills, Inc.
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
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Market Insights
The global market for Service Integration And Management accounted for a market value of US$ 3.67 billion in 2018, with CAGR projected to reach 5.99 per cent over the forecast period from 2019 to 2027.
Service Integration And Management (SIAM) is an effective solution to take advantage of the flexibility and innovation of standard and multi-sourcing services while offering integrated services to businesses. Highly disparate business requirements create complex, heterogeneous environments that increase demand for resources. Limited control of demand means limited control over the overall cost of services or compliance with security or compliance requirements. The Service Integration function specifies the service management processes and procedures to be applied across the enterprise. SIAM ensures that multiple service providers deliver services to multiple business verticals in an efficient and coherent manner. Effective SIAM capitalizes on the performance of end-to-end business services in the most cost-effective manner.
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Component, solution, service and industrial vertical segmented overall Service Integration And Management market. The SIAM market is primarily directed by the IT & telecommunications sector. In the last few years, both selective and multi-vendor sourcing has become mainstream in the IT sector. This has paved to the increase in demand for SIAM as discrete discipline that aggregates individual IT services, aligning them to core business processes and priorities. North America was the dominating market for Service Integration And Management in 2018 closely followed by Europe, mainly due to early adoption of advanced technologies. Demand for SIAM solutions is highest in the U.S. primarily due to stringent business governance guidelines. However, as other countries such as Germany, the United Kingdom, France, Japan, Canada, India and Australia, among others, have started to enforce similar regulations, the demand for SIAM solutions has increased rapidly throughout the world.
Further, enterprises that have implemented SIAM to operations have benefitted of the concept, but it appears that the implementation itself seems to be the most challenging part in moving towards a SIAM model. SIAM is not a necessity for any IT organization, but the bigger the organization and the more services it provides to end-users, the more the organization needs a controllable service landscape. With a growing competitive environment and penetration of outsourcing services, the Service Integration And Management (SIAM) market is expected to increase at a promising rate over the forecast period.
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Key questions answered in this report
• What was the market size of service integration and management in 2018 and forecast up to 2027?
• Which is the largest regional market for service integration and management?
• What are the key market trends observed in the service integration and management market?
• Which are the most promising component, solution, service and industrial vertical in service integration and management market?
• Who are the key players leading the market?
• What are the key strategies adopted by the leading players in market?
• What are the key industrial vertical trends across different geographies and sub-geographies?
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Media citations:
Service Integration And Management Market is set to grow with a CAGR of 5.99% during the forecast period from 2019 to 2027: https://hype.news/credence-research-us/service-integration-and-management-market-is-set-to-grow-with-a-cagr-of-599-during-the-forecast-period-from-2019-to-2027-dkmonfhk
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Market Insights
The global electric traction motor market worldwide was valued at US$ 12.9 billion in 2018 and is set to grow by 19.2 per cent in the forecast period.
The electric traction motor is driven by factors such as the high acceptance of the traction motors in the locomotives. The electric traction motors have an important role to play in the locomotive. They provide energy efficiency to electric rail vehicles. In addition, increasing investment in the rail sector and digitization in these sectors are fueling the growth of the electric traction motor market. On the other hand, fluctuations in the prices of raw materials are expected to restrict market growth.
Ongoing technological developments in the field of electric motors, promoting their adoption in battery-powered and hybrid vehicles. The growing demand for energy-efficient motors in the automotive sector is expected to boost demand for the electric traction motor market in the near future. In addition, the key players in the electric traction motor are more focused on developing new advanced and efficient products. For instance, in 2017, the Hyundai Rotem the Korean manufactures launched class 220 insulated heat-resistant electric traction motor to fulfill the growing demand for motors that are useful to operate in high temperatures in various industries.
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The global electric traction motor market is categorized into types, power ratios and end-users. Based on end-users, the market is further divided into rail and electric vehicles. Traction motor used across a number of rail applications, including locomotives, railroads, rapid transit vehicles, and others. The electrification of the railways is a key driver of the growth of the market for electric traction in the rail sector. Growing awareness of emission control and strict government regulation promote the growth of traction motors in railway applications.
Regionally, North America dominates the market for electric traction motor followed by Europe. The U.S. has the largest market share in the electric traction motor market in the North American region. Enhancements in rail infrastructure and technological advances in traction motors are primarily driving the growth of the electric traction motor market in the North American region. Growing investments in rail technology in Europe are contributing to the growth of the market.
Moreover, Asia Pacific is the fastest-growing region in the traction motor market due to increasing investment in the rail sector and the rapidly growing adoption of electric vehicles Some of the leading players in the electric traction motor market include Siemens Corp., General Electric, Skoda Electric, ABB, Weg SA, Toshiba Corporation, Benchmarking, CG Power, Traktionssystem.
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Key questions answered in this report
• What was the market size of electric traction motor in 2018 and forecast up to 2027?
• Which is the largest regional market for Railways electric traction motor applications?
• What are the major trends followed in electric traction motor market across different regions?
• Who are the key Electric Traction Motor companies leading the market?
• What are the key strategies adopted by the leading electric traction motor companies in market?
Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59792
Media citations:
Electric Traction Motor Market is set to grow with a CAGR of 19.2% during the forecast period from 2019 to 2027: https://hype.news/credence-research-us/electric-traction-motor-market-is-set-to-grow-with-a-cagr-of-192-during-the-forecast-period-from-2019-to-2027-k1rnqatq
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
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(US/CANADA) Ph.: +1-800-361-8290
E-mail: sales@credenceresearch.com
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