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Press Releases from Global Market Insights, Inc. (16910 total)

Heavy-Duty Trucks Market will surpass 2 million units by 2024

Natural gas will demand for over 160 thousand units in the heavy-duty trucks industry over the forecast timeframe. Enhanced fuel efficiency and rising preference towards reduction of carbon emissions will support in overall business growth. Increasing number of natural gas refueling stations coupled with superior mileage served by the product will drive the industry. Increase in fleet size will support the construction and logistics segments thereby spurring heavy-duty trucks market share.

Electric motors market to surpass 2 billion units by 2024

High penetration of electromobility is likely to boost the industry. Major industry participants are from the automobile field focusing on increasing electric vehicle production which will drive the product demand. For instance, Honda aims to electrify two-third of its automobile production by 2030. OEMs of electric motors market will hold 80% revenue share till 2024. Rising importance of DC motors in industrial, consumer, and automobile applications will drive the industry growth.

Electrical steering column lock market to cross 180 million units by 2024

Electrical steering column lock market in North America was worth USD 4 billion in 2016 and will register gains approximately at 6.5% by 2024 due to its matured automobile industry. Further, presence of well-established industry participants in the region will influence the regional business demand over the projected period. Rising adoption of electronic units in the vehicles has led the demand for electrically operated locking devices. High demand for advanced products

Rear spoiler market share will surpass 44 million units by 2024

Rear spoiler market from ABS plastic will account for highest revenue share of more than 40% till 2024. Shifting manufacturers preference towards usage of ABS materials owing to their beneficial chemical properties, that offer protection against dents and heat resistance. Improved fit & finish is another factor that will support the material’s dominance till 2024. Rising implementation in MPVs, SUVs, and hatchbacks coupled with increased sales of SUVs across the globe

Automotive Decorative Exterior Trim Market to cross 500 kilo tons by 2024

Automotive decorative exterior trim market volume share is predicted to reach over 500 kilo tons over the forecast period. Increasing automobile production across the world along with shifting customer preference towards enhancement of vehicle aesthetics is driving industry growth over the study period. Rising demand for premium vehicles such as Mercedes and BMW have resulted in increased production thereby boosting industry. PCVs segment will generate demand of more than 430

Automotive Glass Market to grow at over 7% CAGR between 2018 and 2024

Automotive glass market size is predicted to be valued more than USD 21 billion by 2024. Increasing vehicle sales across the globe together with increasing surface area of automobiles covered with glass is primarily driving the industry size. Rising product consumption per vehicle owing to changes in car designs is enhancing the business. Inclination towards large windscreens is driving the automotive glass industry size over the projected period. Introduction of

Electric Motorcycles & Scooters Market to grow at over 5% CAGR from 2018 to 2024

Electric motorcycles & scooters market to exceed USD 22 billion over the forecast timeframe. Shifting trends towards usage of e-vehicles owing to environmental benefits will drive the electric motorcycles & scooters market size. Increasing consumer awareness towards e-mobility assisting in reducing carbon emissions over the conventional vehicles will improve the product penetration. Low maintenance compared to vehicles equipped with internal combustion engines (IC) in conjunction with smooth operation of these

A Regional and Competitive Overview of EMEA Container Technology Market Trends b …

The UK dominates the EMEA container technology market in 2016 with a market share of approximately 25% owing to increasing preference towards containerized applications by private enterprises as well as government agencies. In order to realize cost savings and improved economic growth by leveraging the flexibility offered by cloud computing technology, the UK government is engaging in initiatives to enable government-wide adoption of the technology. EMEA Container Technology Market is

Software Defined Networking (SDN) Market: Advanced Technologies & Growth Opportu …

North America is the dominating region in the SDN market. The growth of the market is attributed to the high mobile subscription rate and customer spend. North America have approximately 300 million mobile subscribers in 2017, which is further estimated to reach 313 million by the end of the year 2020, i.e. approximately 84% of the overall population. North America collectively accounts for more than one fifth of the global

Report: Microirrigation System Market on growth track to 2024

APAC microirrigation system market will be valued over USD 3 billion by 2024. Favorable socio-economic conditions in China, India, and Australia has enhanced the product demand. For instance, China accounts for 10% agriculture land under the microirrigation system, thus regional market is expected to provide lucrative opportunity for manufactures. Rising awareness among the farmers about product application has further propelled industry growth. Increasing necessity to overcome water scarcity will drive microirrigation

IoT in Retail market expected to grow strongly by 2024

Companies operating in the IoT in retail market include SAP AG, IBM Corporation, Zebra Technologies, Intel Corporation, Cisco Systems and Microsoft Corporation. The industry is currently witnessing increasing entry of players with innovative solutions. Players are following strategies such as new product launches, merger & acquisitions to increase hold and expand into potential markets. IoT in Retail market is expected to grow at a CAGR of over 19% from 2017 to

Solar PV Backsheet Market 2018 Revenue, Status and Prospect Analysis by 2024

Key player in solar PV backsheet market includes Coveme, Toyo Aluminium, Taiflex, Toray, Astenik, Isovoltaic, Arkema, Madico, Krempel, ZTT International, DuPont, 3M, Hangzhou, Targray and Dunmore. UK solar PV backsheet market is predicted to exceed USD 90 million by 2014. Favorable measures towards integration of renewable generation technologies will propel the industry growth. Tariff reforms, tax rebates and feed in tariff are some of the incentives which will

APAC Container Technology Market – Research Report Released with Growth, Lates …

China dominated the APAC container technology market in 2016 with a market share of approximately 27% owing to the presence of a huge Docker container user community. Also, due to the extensive presence of Alibaba Cloud, the cloud computing arm of the China based Alibaba Group, businesses operating in China are readily deploying compute workloads over cloud platforms to benefit from the associated scalability of resource utilization. APAC Container Technology

IoT Healthcare Market: Advanced Technologies & Growth Opportunities Worldwide By …

Companies operating in the IoT Healthcare market include Cisco Systems Inc., Qualcomm Inc., Honeywell International Inc, IBM Corporation, Stanley Healthcare, SAP SE and General Electric. The industry players are increasingly investing on R&D in order to develop more advanced solutions to manage patient data and provide diagnosis in an effective way. IoT Healthcare market is expected to grow at over 15% CAGR to reach USD 10 billion by 2024. Growing demand

Report Predicts IoT Utilities Market May Reach $15Bn by 2024

Companies operating in the IoT utilities market include IBM Corporation, Cisco Systems Inc., Intel Corporation, Huawei Technologies Inc., Honeywell International Inc., Trilliant Inc., Microsoft Corporation, Osisoft LLC and General Electric. These technological solutions are considered as a necessity for the sector eliminating the need for physical visit for fault detection and restoration. The companies are investing heavily on R&D for fully connected solutions covering every aspect of the sector. Request for

Electronic Security Market by 2024: Rising trend of the development of smart cit …

Segmentation of the electronic security market by product indicates that the antiterrorist and inspection equipment is anticipated to grow during the forecast timespan owing to their applications in airports, commercial units, and the residential sector. Systems such as metal detectors, X-ray inspection machines, and turnstile & revolving doors can be easily deployed at low cost or on rent basis and are instrumental in dissuading criminals carrying explosives and armaments from

Highly Reactive Polyisobutylene Market Perspective by Comprehensive Analysis, Gr …

Product use as lubricant additive and may have environmental implications which is probable to obstruct the highly reactive polyisobutylene market size by 2024. Its use in water transportation vehicles may have an adverse impact on aquatic life. Currently, there are limited regulations against product use, however, environmental protection groups including the Wildlife Trust, Marine Conservation Society, etc. are appealing the U.K. government to introduce and implement stringent regulations which is

High Altitude Platform Market in communication segment to witness a significant …

Segmentation of the HAP market by UAVs is anticipated to dominate during the forecast timespan owing to their applications in the defense sector. These systems can be designed to rely solely on solar powered technologies which is anticipated to cause large savings in term of fuel costs and reduce the CO2 emissions. The commercial segment of the HAP market is anticipated to experience high demand during the forecast timespan. Various telecommunication

Next-Gen Innovations to Revolutionize Middle East District Cooling Market by 202 …

The notable players in the Middle East district cooling market includes (Empower), National Central Cooling Company PJSC (Tabreed), Qatar Cool, Stellar Energy, Siemens, ADC Energy, Logstor, Marafeq Qatar and Emicool. Middle East District Cooling Market is predicted to surpass USD 12 billion by 2024. Ongoing investments toward numerous government projects coupled with rapid urbanization in the GCC countries will propel the Middle East district cooling market share. Increasing investments for a

ATM Market technology development and self-service functionality from 2018 to 20 …

Upgradation of simple cash dispensers to multifunctional machines is expected to propel ATM market growth. The ability of these upgraded machines to perform functions such as fund transfer, bill payment, and mini-statements, in addition to dispensing cash provides a one-point solution to the customers, thus adding up to the popularity. Furthermore, the proliferation of drive-thru machines is expected to accelerate the ATM market growth. Drive-thru machines are ideal for people

Concentrated Solar Power Market set for rapid growth

Global concentrated solar power market from parabolic trough for 2015 was valued over USD 27 billion. Low cost and high efficiency with matured technology makes this technology favorable over other alternatives. Power tower accounted for over 10% of the global concentrated solar power market share in 2015. Effective capacity factor, improved heat storage and low cost are some of the features which will favor the business landscape. Crescent Dunes solar power

Retail POS Terminals Market Study: Rising Demand For Self-Checkout Services by 2 …

The Asia Pacific region is expected to witness high growth in the retail POS terminals market owing to the evolution of retail sector in countries such as India and China. The demonetization effect in India has caused the customers towards cashless transactions and the convenience offered by it. The manufacturers in the region are actively focusing on launching devices QR Code enabled which will further escalate the demand. Global Retail POS

Solar Tracker Market to Witness Substantial Growth

Solar Tracker Market is expected to surpass USD 27 billion by 2024. Paradigm shift towards sustainable electricity generation technologies from depleting conventional resources will embellish the global solar tracker market. Rising concerns pertaining to greenhouse gas emissions along with favorable regulatory measures for energy conservation have instituted a promising business scenario. In January 2016, British Columbia passed the Greenhouse Gas Industrial Reporting and Control Act which lays abiding standards and

Microgrid Market expected to grow through 2024

Microgrid Market is expected to surpass USD 19 billion by 2024.Growing government regulations and policies concerning with integration of renewable energy technologies along with increasing demand to electrify urban and rural areas will propel the industry growth. Low power cost along with reduced transmission and distribution losses, economic competitiveness and power reliability are some of the key underlined parameters which will further positively impact the product penetration. Moreover, development of

Electric Water Heater Market Report 2018 to 2024: Finding Growth Opportunities, …

Europe electric water heater market is predicted to witness significant growth over the forecast timeline. This is attributed to the increasing use of renewable energy along with energy efficiency and emission control regulations. Increasing purchasing power of consumers in the growing economies provides huge potential for the market growth. In addition, Asia Pacific market is driven by factors such as increasing infrastructure development with growing population in China & India. Electric

Geofencing Market share growth trends and Forecast

Geofencing market is projected to surpass USD 1.7 billion by 2024. The technology combines the awareness of user’s current location with that of their proximity to a location of interest. The market is witnessing rapid growth due to increasing global penetration of mobile devices and favorable growth of location-based services implementation. As businesses are increasingly realizing the benefits of location-based monitoring and management of mobile resources for increasing workforce and

Fog Computing Market To Witness A Phenomenal Growth

Fog Computing Market is estimated to reach USD 700 million by 2024. Fog computing is changing the way edge networks are being developed. The wireless access point, switches, routers, storage servers, and applications at the edge are converging into single fog nodes. This significantly reduces the system complexities, increases the system manageability and ensures ease of interactions between system and application. The convergence of computing and networking at the edge

Power Electronics Market to Witness Steady Growth During the Forecast Period by …

Smart grids usage impacts the growth of the power electronics market. These systems have high penetration owing to their ability to utilize control systems and digital communications to monitor and control power flows to make the power grid efficient and cost-effective. The applications of power electronics market in smart grids are in the form of thyristors, AC/DC and DC/DC converters, and LED systems. Power Electronics Market is projected to reach a

Firewall as a Service Market to Witness Substantial Gains over 2017-2024

The firewall appliances market holds majority of the FWaaS market share with approximately 22% CAGR estimation from 2017 to 2024. Traditionally, proxy servers and stateful inspection firewalls were used to protect the servers and network. However, with the change in the attacks and spreading its reach, internal networks require more protection than traditional ways. The UTM and NGFW were used to protect enterprises from internal and external network attacks. FWaaS Market

Cloud Natural Language Processing Market share research by applications and regi …

Cloud NLP Market is estimated to reach USD 6.1 billion by the year 2024. The growth of the market is driven by the increasing use of NLP technology across several industries such as BFSI, IT & telecommunication, media & advertisement and healthcare. For instance, BFSI sector is utilizing NLP technology for text mining, solving queries, machine translation applications for cross boarder payments, and foreign exchange. Similarly, hospitals, diagnostic and daycare

Data Center Cooling Market to witness phenomenal growth opportunities by 2024

The data center cooling market in Asia Pacific will observe high growth accredited to rising number of data centers in the region due to the increasing demand for digitalization due to the convenience offered. The facilities help in supporting the digitalization trend as it significantly reduces the carbon emissions and overall energy consumption. Many key players such as Equinix are investing to construct these facilities due to the long term

Augmented Reality Market expected to grow significantly

Global Augmented Reality Market is estimated to surpass USD 50 billion by 2024. Rising applications of the technology in retail and e-commerce are expected to drive the AR market growth. According to Retail Perceptions, about 61 percent of the shoppers prefer to shop at the outlets that offer AR experiences and about 40 percent are willing to pay more if they could experience the product using the technology. Retailers are

Americas Container Technology Market set for massive growth

Americas Container Technology Market is estimated to surpass USD 3.5 billion by 2024. Container solutions are used by organizations to virtualize the resource-intensive workloads cost effectively and leverage platform independence offered by the technology. Containers enable OS-level virtualization resulting in less storage requirements for applications being deployed over virtual networks. This ability primarily differentiates containers from virtual machines and allows enterprises to deploy comparatively more number of applications and save

Digital Signage Media Player Market in hardware segment set to witness a conside …

The competitive hierarchy of digital signage media player market, of late, has been witnessing an encouraging trend of innovative and exceptional product launches. Moreover, it is noteworthy to mention that the latest products are equipped with progressive technology and are being developed specifically for particular end-use domains. To add to this, the upcoming entrants in digital signage media industry are increasingly vying with the dominant firms to build a robust

Asia Pacific is expected to positively impact the Home Audio Equipment Market by …

The audio device industry is experiencing behavioral shift among consumers with the penetration of devices such as tablets and smartphones. Consumers are demanding compact and wireless devices that focus on convenience and luxury. High degree of portability, remote accessibility, and manageability is expected to drive the wireless home audio equipment market. Home Audio Equipment Market is projected to exceed USD 20 billion by 2024. Rapid proliferation of IoT technology is expected

Inhalation Anesthesia Market Opportunity Assessment, Market Challenges, Key vend …

Inhalation Anesthesia Market size is set to exceed USD 1.6 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising number of geriatric population coupled with increasing number of chronic diseases such as cancer, cardiovascular, neurological, and respiratory disorders and introduction of advanced anesthesia will offer lucrative growth opportunities for the inhalation anesthesia market growth. Increasing number of emergency surgeries driving the count of hospital admissions coupled

Automated Breast Ultrasound System (ABUS) Market 2017-2024 | United States Indu …

Automated breast ultrasound system market size is estimated to exceed USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc. Breast cancer prevalence is increasing globally. According to ACS estimates, more than 246,600 new cases of invasive breast cancer will have been diagnosed in 2016 in the U.S. alone. Introduction of advanced technologies has made it possible to detect small cancer tumors as well as

Protein A Resins Market Opportunity Assessment, Market Challenges, Key vendor an …

Protein A Resins Market size is set to exceed USD 900 million by 2024; according to a new research report by Global Market Insights. Demand for monoclonal antibodies is increasing rapidly from past few years due to its wide range of applications in the management of chronic diseases such as cancer. In response to increasing demand, manufacturers are optimizing their production capacities and launching new plants for large scale production of

Clinical Trial Management Systems (CTMS) Complete Market Research Report with De …

Clinical Trial Management Systems (CTMS) Market size is set to exceed USD 2.4 billion by 2024; according to a new research report by Global Market Insights. Increasing number of clinical trials across the globe is a major factor augmenting the global clinical trial management systems (CTMS) market size. As per, the number of registered clinical studies has increased from 83,374 in 2010 to 268,515 in 2018. This increased number

Healthcare Artificial Intelligence Market Opportunity Assessment, Market Challen …

Healthcare Artificial Intelligence Market size is forecast to exceed USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc. AI has revolutionized the healthcare industry by designing treatment plans, medication management, assisting in repetitive tasks, and drug discovery. Rising adoption of precision medicine has made enabled simplicity of management and cost reduction. Increasing application in genomics research coupled with incremental innovation in robotic personal

Tall Oil Fatty Acid Market to cross the billion-dollar benchmark by 2024, North …

Tall Oil Fatty Acid Market has generated a substantial momentum over the years on grounds of its wide application spectrum across end-use industries as a source of naturally derived fatty acid. Owing to its extensive usage as bio renewable feedstock, tall oil fatty acid has become a major by-product of pulp production. Tall crude oil generated from tall oil fatty acids are widely being used as additives in the

Oil & gas industry to boost xanthan gum market growth over 2016-2023: APAC to be …

Xanthan Gum Market size was more than 150 kilo tons for 2015 and is predicted to register more than 5.2% CAGR during forecast timeframe. Rising demand for food & beverages across the globe due to growing population along with improved consumer lifestyle in BRICS countries is expected to favorably affect xanthan gum market size over the coming years. Food & beverages sector contributed a revenue of USD 8.50 trillion in

Castor oil derivatives Market Global Competitive Analysis and Forecasts till 202 …

The report “Castor oil derivatives Market, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” Castor Oil Derivatives Market size is expected to witness steady gains during the forecast timeframe owing to rising petrochemical prices along with growing sustainable and renewable

Calcium Acetate Market Forecast 2024

Calcium Acetate Market size shall grow with a moderate CAGR during the forecast timeframe. The product can be prepared by soaking calcium carbonateor hydrated lime in vinegar. Calcium acetate is an odorless, white, hygroscopic crystalline solid which is soluble in water and insoluble in organic solvents such as acetone, ethanol, and benzene. It is commonly available in hydrate forms. Calcium acetate has very low toxicity. It releases highly flammable acetone

Global Barley Grass Market Overview 2017: Key Market & Business Trends & Key Glo …

Global Barley Grass Market size is flourishing and is anticipated to have a healthy growth trends over the projected timespan. Barley grass market size is primarily driven by health & nutrition industry owing to its exceptional health benefits. It contains enzyme rich ingredients including minerals, vitamins and all 8 essential amino acids with naturally occurring factors. The product is easily accessible in form of health & nutrition supplements. Health &

Anisole Market Analysis Forecast Till 2025

Anisole Market size is set to witness healthy growth during the forecast period. Anisole is an organic substance which smell reminiscent to anise seed. This chemical compound finds major application in cosmetic industry due to its artificial fragrance. High growth prospect in cosmetic industry will positively favour global anisole market. More number of women are spending on facial care and fragrance products. For instance, in Poland the revenue around USD

Global Agricultural Biologicals Market Revenue and status Forecast 2018 to 2024

Global Agricultural Biologicals Market size is likely to witness a significant CAGR during the forecast period. The use of agricultural biologicals for cultivation/farming reduces the use of harmful fertilizers and chemical pesticides, which acts as a primary factor driving the market growth. The key factor responsible for agricultural biologicals market size growth is the increasing awareness among consumers about the advantages of using organic products for cultivation, which further led

Global Grease Market Analysis Forecast Till 2025

Global Grease Market size shall grow with a prominent CAGR in forecast timeframe. Grease is a semi solid lubricant. It is a mixture of thickener dispersed in oil and fluid lubricant. The product is used in automotive industry on a vast scale Greased machinery consume less amount of power and have very less impact to any wear & tear damage. The product consists of three components such as base oil,

Construction Chemicals Market to exceed $50bn by 2024

Construction Chemicals Market size will likely cross USD 50 billion by 2024; according to a new research report by Global Market Insights, Inc. Rapidly escalating infrastructure spending across BRICS countries will be an important factor that will catalyze the global construction chemicals market in the coming years. China construction industry was valued at USD 1.7 trillion for 2015 with extremely strong growth prospects. Other countries of the region with high

Chemical Indicator Inks Market to exceed $78.3mn by 2024

Chemical Indicator Inks Market size is forecast to touch USD 78.35 million by 2024; according to a new research report by Global Market Insights, Inc. Robust sterilization equipment & disinfectants demand will propel global chemical indicator inks market size. Sterilization device demand will be driven by increased surgical instruments reprocessing technique, which was valued more than USD 5.5 billion. Furthermore, improvised technologies such as steam, hydrogen peroxide & plasma and ethylene

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