Safety standard regulations are driving the automotive airbag market growth across the world as governments and customers not only become aware, but start preferring safety norms over pure price points. Selected countries, specifically developing ones, had limited usage of curtain airbags to above premium and luxury segments of passenger cars. However, with rising importance and aware about crash test ratings of vehicles easily accessible on the web, countries and companies, alike, have started offering and accepting usage of airbags as standard market demand.
With R&D giving some pricing benefits to airbag market manufacturers, the players have some breather when it comes to this high-cost and strict-margin products’ growth forecasts. Asia Pacific region, with its growing automobile industry, is projected to lead the growth of demand in global airbag market including airbag fabric market. Technology is helping airbag manufacturers differentiate themselves based on quality and reliability to have a positive competitive scenario in the industry. With developed economies getting stringent on frontal airbags’ usage and developing ones focusing on overall airbag usage, the growth is said to remain consistent for the next few years. Asian countries with their focus on infrastructure are going to demand huge inventory from the automobile industry, which directly helps the airbag market grow.
Small cars and front airbags are going to be sectoral growth leads in airbag market. Technological advancements in fabric and related airbag products are helping in reduction of cushion weight and hence foldability. On the other hand, technology is posing challenges for the airbag market via increasingly acceptable trends of driverless cars, GPS accuracy and sensors that help avoid or limit a crash. Companies like Toray, Toyobo, Kolon, Porcher, Teijin, Dual, Hyosung, Takata, Key Safety Systems, Safety Components, UTT, Milliken and HMT (Xiamen) New Technical Materials are active in the airbag fabric market. OEMs have started targeting cheap labor and raw material sources in APAC giving the region a boost in global airbag market growth.
eMarketOrg.com has a range of reports on the airbag market, which can be explored at http://emarketorg.com/?s=airbag&post_type=product .
Global elevators market is seeing skyrocketing technological advancements to meet the demands from aging population as well as ever-growing urban demographics led by security. The elevator industry is dominated by top players like ThyssenKrupp, Kone, Otis and Schindler Group. With a certain age group population having less time and the other aging fast enough, majority of the urbanized society has demands that need the elevator industry players to up their game every other day. Buildings are growing ‘taller’, which requires the elevators to occupy less space and yet fulfil the handling capacity requirements of these densely populated buildings. Energy efficiency, more inside space and less outer space utilization, comfort, smoother movement are some of the other factors pushing the elevators market to innovate consistently.
Newer avenues being explored by leaders in elevator industry include usage of their systems at places like London underground network, where millions of passengers need elevators to support their daily travel. ThyssenKrupp is exploring the usage of its high-tech elevator system utilizing rope-less linear motors on this network to see if they can help with time saving for travellers. The objective is to explore options that help deepen the mobility reach via their systems on such networks. This shows, growth and development of elevators market is not limited by an to construction industry that needs elevators for new and under-renovation buildings – commercial as well as residential. The urge to improve efficiency of elevator systems and/or existing infrastructure nodes can give a whole new avenue to usage and development of elevators.
Huawei is now targeting the elevator business with an objective of reducing maintenance costs as well as lowering human dependency in the maintenance process, to the extent possible. In collaboration with Schindler Group, another leader in the elevators industry, Huawei is coming up with a ‘smart elevator’ solution that boasts of sensors to keep an elevator ‘connected’. Integration of technologies like IoT, cloud and edge computing, software defined networking and predictive analytics is projected to help reduce maintenance costs by around 50%, which is huge! These connected and smart elevators also hope to ‘proactively’ predict faults, which may be another advantage in terms of preventing or at least lowering number of tragedies that happen in or around elevators.
Latest intelligence offering on elevator market available with eMarketOrg.com is titled Assessment Of The Middle East, Africa & India Elevator Market 2016. A 45 pages study, this report says demand from China and Asia is expected to grow strongly through 2017. MENA region will witness installation of close to 700,000 new elevator units by 2018. High growth in the elevator market is expected from new construction in Middle East with sustained elevator demand in Dubai and Abu Dhabi new demand emerging from Jeddah. The elevator market size in India was approximately 52,600 units in 2013 and is projected to grow to more than 100,000 by 2020. The Initiatives and performance of key players including Otis Elevator Company, Schindler Group, KONE, ThyssenKrupp AG, Mitsubishi Electric Corp., Hyundai Elevator Co. Ltd and Toshiba Elevator and Building Systems Corp. has been presented in this research available at http://emarketorg.com/pro/assessment-of-the-middle-east-africa-india-elevator-market-2016/ .
The fermentation derived products market is worth billions already and its steady growth is pushing fermentation ingredients market demand upwards with major players continuously evolving their products and trying to innovate offerings. Fermentation is becoming a strong trend in the culinary industry, where ingredients play a major part in making or breaking a market. Fermentation ingredients market for food and nutraceutical industries exists since quite a few years now, but is recently gaining traction, recognition and productive growth that shows positive outlook for the next few years. Microbial fermentation as well as better usage of yeast and bacteria to come up with products that are accepted as ‘healthy’ alternatives to existing products are some of the major things industry is catching up on.
Consumers are actively demanding ‘natural source’ formulations or products high on natural ingredients. The ‘clean label’ trend which was an industry standard earlier is gradually becoming a basic customer / end-user expectation, and hence gaining importance. The fermentation ingredients market is seeing a growing trend of acceptance across applications. For example, resveratrol found in red grapes, blueberries, nuts, etc. is not only considered good for heart health, bone health, and blood-glucose control, but might also help slower the progression of Alzheimer’s disease and mimic the effects of a calorie-restricted diet. Recent resveratrol product offerings have seen fermentation of yeast used to manufacture the product, which makes it free from pesticides or any other impurities found in knotweed extracts.
The market of fermentation ingredients and its products is usually broken down into types by batch fermentation as well as continuous fermentation. Applications of these fermentation ingredients market products are across food and food additives, alcoholic beverages, chemicals, therapeutic compounds, industrial enzymes and other industries, making the use of these ingredients widespread. The industry is set to witness consistent growth due to rising acceptance, use and consumption of fermentation ingredients for preparation of alcoholic beverages and other products in the current year as well as for the next few years.
eMarketOrg.com has ‘Global Fermentation Ingredients Market Research Report 2021’ of 104 pages in its database, providing regional information on North America, Europe, China, Japan, India and Southeast Asia . Supported with 120 data tables and figures, this fermentation ingredients market study talks about companies like Buchi Labortechnik Ag, Lallemand Inc, Purolite Corporation, Maetech Research,Llc, Biaconservation Sa, Dyadic Netherlands Bv, Bioenergy 2020+ Gmbh, Biomar Microbial Technologies, Water Technology Ltd and Shimadzu Scientific Instruments Inc. Read more at http://emarketorg.com/pro/global-fermentation-ingredients-market-research-report-2021/ .
The traditional tobacco market (cigarettes) is seeing a challenge in form of a rising segment of tobacco products in form of snus, dry snuff, moist snuff, smokeless, dissolvable and dipping tobacco products and more. Health awareness along with increasing bans on smoking across different regions of the world is giving a boost to smokeless tobacco market and other tobacco products that can be consumed orally. Developed countries are seeing rising demand of organic tobacco products supported by high disposable income in addition to the spreading awareness about regular tobacco offerings. APAC, led by China and India, leads the tobacco production market share and is also right behind North America in seeing demand for organic tobacco market products.
With research supporting electronic cigarettes as comparatively safer and less toxic to regular cigarette, the tobacco industry is facing a variety of challenges. Not only are the product segment and offerings becoming competitive, governments are putting their best foot forward via looming tax rules as well as spreading awareness to create a tougher environment for tobacco market players to grow. For example, Australia has an income of $8 billion in such taxes against its similar health related system initiatives being worth $3 billion – clearly showing an encouraging sign for governments to push for tobacco related tax reforms and utilizing this income to spend on health awareness against the usage of tobacco market products.
The market for snus as well as snuff (dry, moist) is explored by the big players of tobacco industry not only to expand their product offerings, but also to identify segments that can offer a wide geographical reach without (or with less) issues being faced in traditional tobacco markets. The moist snuff market has grown steadily in US with value priced and pouch segments leading the way. Globally, the moist snuff market is not as developed in comparison and may present decent opportunities to players if their offerings match targeted local tastes and habits.
The Global Dry Snuff Market Research Report 2021 now available with eMarketOrg.com at http://emarketorg.com/pro/global-dry-snuff-market-research-report-2021/ talks about companies like Altria Group, Inc., British American Tobacco PLC (BAT), Dharampal Satyapal Group, Imperial Tobacco Group, Japan Tobacco, Inc. (JT), JMJ Group, Manikchand Group, Reynolds American Inc. (RAI), Swedish Match and Swisher International, Inc. For each of these companies, this 2016 research provides sales, price, revenue and market share. Sales, revenue, market share and growth rate of Snus in North America, China, Europe, Japan, India and Southeast Asia are covered for the duration of 2011 to 2021.
The need for staying ‘connected’ is pushing the smart mining market with technology, automation solutions, software and relevant as well as innovative tools that helps mining companies improve operational efficiency. Inspite of capex going down Y-o-Y, the technology investments are not seeing a downfall in the same proportion. This is a result of the need to automate processes with a single focused objective to improve efficiency and productivity for the long run. With tasks (tramming, drilling, etc) becoming ‘autonomous’, multiple software and solution offerings from leading IT and technology players are helping mining companies become ‘smart’ as well as better performance.
Mine equipment, technology and services companies (METS) are targeting Internet of Things (IoT) technology offerings with objective of serving higher profit margin minerals in the wake of lower mineral prices. Additionally, mining companies want to cater to regulatory and stakeholder requirements concerning land use, safety and health as well as environmental impacts of growth. In a carbon constrained ecosystem, technology faces equal number challenges to the offerings it lays for mining companies. Targeting economies of scale will mean mining companies operating smartly across multiple destinations, utilizing huge amount of data that will need analysing to find action points to increase productivity. With time, the necessity and hence demand of smart mining solutions and offerings is sure to increase in the industry.
With the world becoming ‘connected’ via the IoT or Internet of Everything (IoE), smart mining gets a boost in terms of sensors, automated tools, helping underground processes develop further and more. Having data on hand is only one part of this whole ecosystem that helps better efficiency and business processes. Analyzing this data to have ‘insights’ that help take decisions / actions, is another important part. Not only is technology developing to meet these needs, when executed in the mining industry, the complications and challenges increase by one more level. Connected mining has started with basic steps and is expected to become universal over a period of time and in parallel to all technological developments.
eMarketOrg.com has a 2016 study titled Global Smart Mining Market Research Report 2021 spread across 107 pages and talking about companies like Intergraph, SUNWARD INTELLIGENT EQUIPMENT CO., LTD., Elcomplus, Becker, Freeport McMoRan Mine Technology Group and CAT. Regionally, this report covers North America, Europe, China, Japan, Korea and Taiwan, while it is supported with 115 data tables and graphs that aid in analyzing the smart mining market. Read more at http://emarketorg.com/pro/global-smart-mining-market-research-report-2021/ .
The chatbots market is seeing unprecedented development activity with people spending more time on messaging apps as compared to any social media network with 90% of the ‘mobile’ time spent on emails and messaging platforms. With an objective of increasing user engagement, offer personalized experience and lowering costs, chatbots are delivering significant value via their mobile optimized features. Add to it the benefit of ‘no downloads required’, and chat bots are a win-win offering for consumers as well as businesses adopting and pushing their usage.
With technological advancements that are trying to add ‘empathy’ to chatbots, the market is taking slow and steady but concrete steps towards personalizing the user experience while trying to minimize human intervention. The chatbots market players are expanding their wings into multiple sectors including online consumer goods shopping, news, weather, personal finance, health, the ‘friend’ segment and much more. Certain research sources say it is a given that chat bots are the next big thing after apps in the mobile technology ecosystem. Others, are already trying to figure out an answer to – what beyond chatbots? There are experts that say, if chat bots become as big as apps are as of date, the next big challenge would be how to find out one that is of use.
In addition to basic technology features covering scripts, APIs, cloud and more used to develop chatbots, Artificial Intelligence, machine learning and natural language processing play a crucial role in how and what do chat bots talk with users. The idea of providing personalized engagement to users is primarily driven by how meaningful can conversations via chatbots be. Add to it, the ‘brand’ value associated with a bot and companies are working very hard to ensure they employ the ‘right’ chatbots to represent their brands while talking to users. Along with their potential benefit of probably replacing few apps, their limitation of ‘knowledge’ may push back their mass-commercial adaptability.
Global Chatbots Market Research Report 2021 is the latest business intelligence study available with eMarketOrg.com. Published as recently as Aug 2016, this 102 pages report is supported with 117 data tables and figures. Companies like Apple, Applied Voice & Speech Technologies, Artificial Solutions, Baidu, Botego, CodeBaby, CogniCor, Creative Virtual, CX Company, EasilyDo, Facebook, Google, IBM, Inbenta Technologies, Interactions, IPsoft, Ivee, Jibo, Living Actor (Cantoche), Microsoft, MindMeld, Next IT and Nuance are discussed in this research available at http://emarketorg.com/pro/global-chatbots-market-research-report-2021/ .
Distributed into commercial grinding media for others and self-produced grinding media, the niche market focused on supplying media to crush or grind minerals, cement and more is seeing some regional shifts in last few years. With China leading worldwide grinding media market by being the biggest, Australian grinding media industry is seeing interesting developments aiming to fill gaps while creating healthy competitive global scenario. India is also exporting grinding media balls to countries like South Africa, Canada and Spain creating newer regional opportunities.
Segmented by forms, size, composition and manufacturing processes, the grinding media market has companies specializing in one, multiple or all of these products and service offerings targeting the end-users and their applications. Products like grinding balls, rods and beads are now being supported by these players with services of grinding media sorting, ball loading equipments and more, thus making their offerings comprehensive.
Until a couple of years back, China controlled more than half of the worldwide grinding media production capacity. This also makes China a huge exporter in grinding media market. Cast balls lead the Chinese production of grinding media, not only for their worldwide demand but also for China’s own industries need this product type. Forged balls dominate the other geographies across the globe. Driven by the trends of environmental impact, its functionality and of course pricing, the grinding media market is seeing major changes from manufacturers’ viewpoints. Mining (Iron ore mining leads), thermal power and cement industries utilize grinding media products at large and are changing their choices based on these trends coming up via end-users’ demand as well as government measures. Across the globe, there are companies in single digit that dominate the grinding media market production while China has several players resulting in excess domestic capacity. With some of these Chinese players obviously turning to global markets, the worldwide grinding media market may see tough competition in pricing, though quality concerns will remain as far as Chinese products are concerned.
On these lines, the Global Grinding Media Industry 2016 Market Research Report available with eMarketOrg.com offers it’s readers critical insights that help take business decisions based on factual data. Spread across 153 pages and supported with 161 data tables and figures, this grinding media market report profiles companies like Magotteaux, Arrium Limited, Energosteel, Scaw Metals Group, TOYO Grinding Ball Co.Ltd, Metso, AIA Engineering, Union Process, The Steel Ball Company, Balls & Cylpebs Ltd., Technocon Engineers and FOX Industries. Read more at http://emarketorg.com/pro/global-grinding-media-industry-2016-market-research-report/ .
Transportation Systems Going the Intelligent, Advanced, Smart and Efficient Ways with Technological Developments – New Market Reports Available
Global and certain regional transportation system markets are getting familiar with technologies that usually one would not connect with transportation – Cloud, Big Data, Hadoop, Analytics, etc. being few of the many terms. With population increasing, urban numbers rising and growing demand for updating existing transportation systems, this industry is facing innumerable challenges and trying to face the same with technological advancements. The transportation system market ecosystem is evolving to attract various stakeholders other than traditional contractors and infrastructure players. To quite an extent, this is helping the public sector see few advantages of private sector as well as IT benefits generally not mapped with governments.
With research studies showing billions of dollars in value for intelligence transportation system market, the public private partnership (PPP) model is getting a boost via usage of wireless technologies and analysis tools. Covering the segments of telematics in automotive industry, traffic management systems, connected / tech cars, tracking and navigation systems, analytics and analysis of all these segments of the transportation system market, sensors, environment protection, parking management, security, freight management and much more, the ecosystem is seeing a wide range of happenings.
Regionally, while North America is dominating the intelligent transportation system market, challenges still prevail for players active in the region. For example, a recent study says transportation sector is the higher carbon polluter in US. The aim to reduce this pollution is being helped with tools and technology that need a lot of government support in terms of policies and executional changes. With technology comes the challenge of keeping things safe and secure. The transportation system market has not remained untouched by hackers that are a threat to any IT system. The latest on BBC about vulnerability of smart city transport systems highlights an incident that shows, not everything is still under control in regions where transportation system market is developing.
All this usage of technologies and tools in transportation system market needs equal participation, discipline and support not only from government but the population for whom these advancements are meant. For example, Germany’s Autobahn highway system is majorly monitored and tracked via cameras and required automated systems – this is possible only because of the strictness in Germany about driver responsibility and a majority of the population obeying defined laws, religiously. The benefits of advanced transportation system market can be availed only with equal participation and successful execution of the public private partnerships.
eMarketOrg.com has multiple market research reports on transport system for stakeholders interested in the transportation sector:
Global Smart Transport System Market Research Report 2021: 3M, Denso, EFKON, Kapsch TrafficCom, Traffic Tech Middle East, TransCore, ADDCO, Agero, DENSO, Garmin, Hitachi, International Road Dynamics, Lanner, Metro Infrasys, Mitsubishi Heavy Industries, Omron, Perceptics, SAIC, Sensys Gatso Group, Telenav, TomTom, TRMI Systems Integration, Watchdata Technologies and Xerox are companies mentioned in this 105 pages report available at http://emarketorg.com/pro/global-smart-transport-system-market-research-report-2021/ .
Global Efficient Transportation System Market Research Report 2021: Cubic, IBM, Kapsh, Oracle, Siemens, Thales, TomTom, Cellint, Garmin, NovAtel, Qualcomm and Traffic Master are companies mentioned in this 102 pages research report available at http://emarketorg.com/pro/global-efficient-transportation-system-market-research-report-2021/ .
Led by silicone rubber-based flexible heaters market segment, the worldwide industry is gaining traction due to the expansive usage of flexible heaters in multiple end-user industries as well as innovation in products pushed by technological advancements. From the other product types, polyester-based flexible heaters are being leveraged at an almost equal rate as that of silicone rubber-based ones.
Offering a total heating solution, flexible heaters integrate temperature flex circuits, sensors, instruments and more from the electronics items. Varying based on the usage, flexible heaters market has seen demand subjective to space, weight, exposure to chemicals, vacuum and much more. Uniform heat is passed through these flexible heaters that wrap and/or bend as per requirements and applications. Not limited to computers, application segments targeted by flexible heaters market companies cover food and beverages industry, automotive, industrial usage, medical devices, graphic imaging, aviation, thermal processing, aerospace, satellites, packaging equipments, semiconductor wafer processing and a lot many others. As usage of RTD monitors, flexible circuits, LCD screens and other smart devices increase, the flexible heaters market is expected to witness further demand and hence growth.
Technology advancements have helped reduce the costing of flexible heaters, which in turn is helping companies increase the flexible heaters market penetration across geographies and verticals. And yet, there are application segments like food industry, which at regular interval throw competition in one form or other (ex: carbon fiber heating technology) and create challenges for flexible heaters market players. Another flexible heating option is underfloor heating that usually takes more time to heat up when compared with radiators in addition to being costly not only in terms of installation but also in terms of its maintenance. Hence, against all the advantages that flexible heaters market manufacturers offer to their target audience, the disadvantages though limited, do keep raising bars for these players to innovate and advance.
eMarketOrg.com offers following newly published and up-to-date research reports on flexible heaters market covering competitive landscape scenario, sales, price, revenue and other details:
Global Flexible Heaters Market Research Report 2021 talks about companies like Honeywell, The heater and Control Co., Ltd., Marathon patron, Birk manufacturing company, Briskheat, Bucan, Chromalox, Cynebar, Durex Industrial, EGC company, Electric Sweden, Friedr. Greek companies, Sensors and sensors, In technology, Northeast flexible heater company, OEM heater, The engineering company., Pelonis Technology Co., Ltd., Sequence group, Sinomas and Temperature coefficient electric heater Co., Ltd. Read more at http://emarketorg.com/pro/global-flexible-heaters-market-research-report-2021/ .
Other research titles include:
With increasing awareness in consumers, rice bran oil market is seeing growing demand from developed countries as well as emerging markets led by Asian region, specifically India, China, Japan and others. In addition to its usage as edible oil, the rice bran oil also has a by-product in the form of rice bran wax used in cosmetics, shoe creams, polishing compounds and confectionery, where it is used as a substitute of carnauba wax. However, the rice bran oil market is sought after the most as a consumer good used in regular food items due to its multiple health benefits as well as its impact on the skin in the long run.
Companies active in the rice bran oil market have been facing challenges and questions from experts with regards to the omega 6 and high fiber levels the oil contains. The ratio of omega 6 (very high amounts) to omega 3 (barely there to virtually none) in rice bran oils have been a discussion point since more than couple of years now. With the body requiring both acids in almost equal quantity, high usage of rice bran oil may have adverse impact on health if the proportion of omega 3 intake is not maintained. Excessive fiber is known to play a role in blocking digestive tract during multiple situations in a body and this is the second challenge being faced by the rice bran oil market across the globe.
On the other hand, the rising consciousness of consumers to go ‘organic’ in all feasible aspects of their daily life style is positively pulling them to push the grown of rice bran oil market. With the oil benefits ranging from lowering cholesterol levels, acting as anti-cancer and anti-infection agent, help in weight loss, hypoallergenic, vitamin E and squalene offering skin benefits, few positive impacts on hair and women benefiting with their menopausal issues, the disadvantages are being crushed at the moment. With more and more players joining the rice bran oil market bandwagon, competition is expected to move up benefiting the consumers further offering them multiple product options to choose from and hopefully prices going down in the long run.
eMarketOrg.com offers latest research titled Global Rice Bran Oil Industry Report 2016 spread across 219 pages, supported with 329 data tables & figures while talking about 23 rice bran oil market companies like Ricela, Kamal, BCL, SVROil, Vaighai, A. P. Refinery, 3F Industries, Sethia Oils, Jain Group of Industries, Shivangi Oils, Balgopal Food Products, King Rice Oil Group, CEO Agrifood Limited, Kasisuri, Surin Bran Oil, Agrotech International, Tsuno Rice Fine Chemicals, Oryza Oil & Fat Chemical, Wilmar International, Wanyuan Food & Oil, Jinrun, Shanxin and Jinwang. Read more on this latest rice bran oil market report at http://emarketorg.com/pro/global-rice-bran-oil-industry-report-2016/ .
With infant milk formula market expected to double to $25 billion by the year 2017, the ever rising global population (projected to reach 9.6 billion by 2050 according to the United Nations) is driving sales and demand for infant milk formula across the world.
This global infant milk formula demand is outpacing the supplies. According to past reports, Chinese citizens travelling abroad to U.K., Netherlands or any other country would empty the store shelves of its infant formula milk to take along with them back home. This would lead to shortage of the milk in those countries.
This high demand in Asia-Pacific region, particularly China and Hong Kong is being met by Europe and other countries globally and thus they are benefitting out of it. According to reports, local distributors of Argentina have started marketing their infant formula in China.
This section of food and beverage industry is driven by several factors like population growth, improved living standards of parents, nutritional concerns towards babies and young children, special measures to give food suitable to young children’s’ age groups. The demand for infant formula is not affected by the changing economic cycles globally.
Special technology is required to develop infant formula milk from a given nutritional profile. They cover about thirty different ingredients (sugars, fats, minerals, vitamins and more), which are crucial to making appropriate infant formula milk. Moreover a specific Management of the hygienic conditions of processing operations needs to be used in order to guarantee the best microbiological level of formulas.
In the recent years, Goat milk infant formula is gaining popularity in this section. Goat’s milk is believed to contain less lactose than cow’s milk. It is not a lactose free alternative but it is useful for babies who may have cow milk allergy or lactose intolerance. The proteins in goats milk form lesser “curds” as the stomach acids bind to the proteins and then begin digestion. This makes the proteins found in goat’s milk more readily digestible in baby’s stomach.
Updated on July 8 2016: In addition to the report mentioned below, eMarketOrg.com now offers ‘Global And China Goat Milk Infant Formula Sales Market Report 2020‘ research of 124 pages profiling 16 major companies active in the goat milk infant formula market. An expertly analysed goat milk infant formula market report is a part of our vast collection of Food and Beverage reports. Current market scenario and future prospects to 2021 are the major highlights of this research. The report is available at http://emarketorg.com/pro/global-goat-milk-infant-formula-industry-report-2015/.
Vertical farming market is being analyzed by many researchers as it aims at helping to feed hungry mouths across the globe while changing the business scenario of traditional supply chains. Vertical farming is a technology based farming method in which plants are stacked indoors, using controlled-environment and grown using specific agricultural methods.
Under the vertical farming market process, plants at most vertical farms are grown without soil, nourished by the recycling of a nutrient-rich water solution. Some such farms use methods of aeroponics, where the water solution is misted onto the plants’ roots. The farms are several stories tall where in the crops are stacked in an enclosed space. Photosynthesis is brought about by artificial light like LEDs, and sometimes boosted by natural light, like in a greenhouse.
According to Despommier’s theory, by 2050 the world will run short on land suitable for the amount of traditional farming that will be required to feed the ever growing population. On the other hand, vertical farming makes resourceful use of the available limited land by stacking the plants one above the other. Other benefits that drive the vertical farming market include year-round crop production regardless of climate and a reduced distance between farms and consumers. Also, all the plants grown in vertical farms are organic and free of any chemicals, herbicides or pesticides making the food are both local and healthy.
Thus, these vertical farming drivers are attracting a huge population across the globe who aims at obtaining organic food available easily and all round the year. The growing vertical farming market is going to benefit its key players and manufacturers in years to come. It is strongly believed that vertical farming market could revolutionize agriculture and even supply most of our food needs. There are predictions by researchers that the vertical farming market will hit nearly $4 billion by 2020.
eMarketOrg.com has a new addition of research titled Global Vertical Farming Market 2016 – 2021 Report that provides comprehensive analysis of vertical farming by professionals. Buy a copy of this report @ http://emarketorg.com/pro/global-vertical-farming-market-2016-2021-report/ .
Recent studies by the World Bank forecast that an estimated global population of 9 billion in 2050 will need at least 50 percent more food. Traditional farming will need help of technology and analysis to meet this demand and vertical farming market plays a great role here. To add to the rising food demand and limitations of current traditional farming methods, climate change could reduce the crop yields by more than 25 percent during that span, an effect that would mostly impact the world’s poorest citizens.
Thus vertical farming market growth is evident and essential owing to the increasing population, changing climate, and limited land supplies and other factors affecting the traditional farming adversely.
Explore another relevant report on vertical farming market at http://emarketorg.com/pro/global-vertical-farming-plant-factory-industry-2016-market-research-report/ .
An Armani fitted suit, a Louis Vuitton purse or a pair of Coach Boots are not the only things driving or categorized under luxury e-tailing market (luxury e-commerce) today. It is a wide spread array of unheard websites from different parts of the world offering designer jewelry, shoes, clothes and much more which all fall under the umbrella of luxury e-tailing market.
Online luxury fashion sales are expected to grow at a rate of 18% by 2018 in the UK and a massive 70% in China. With time, the way consumers interact with brands is changing rapidly as businesses and services becoming increasingly digitalized, where most consumers use search engines to find luxury goods. When shopping online, because luxury consumers prefer to shop in a multi-brand environment, the ecommerce factor is a major driving force responsible for increasing demand in luxury e-tailing market. That is one of the reasons online department stores are mostly multi-brand, which suits the customers taste. Also, added features of free shipping, easy return policies and various payment options are icing on the cake to the experience of luxury e-tailing market making customers happy and content.
The effect of these driving forces, luxury e-tailing market growth patterns, key players and more are analyzed by an expert team and compiled in a new “Global Luxury E-Tailing Industry 2016 Market Research Report” now available with eMarketOrg.com.
A research conducted by McKinsey & Company says online luxury goods market is expected to grow rapidly over the coming years in all global regions, up from the current 3% of the total luxury fashion to 17% of the market, which equates to roughly $12 billion. The annual sales of online women’s market are expected to grow by 17% in the US, 18% in the UK and a whopping 70% in China. Data like these support the outlook that luxury e-tailing market is expected to boom further in the coming years because of growth of developing markets.
Currently, ecommerce accounts for a small percentage of luxury sales, but that amount is rapidly growing. Only the United States and China will account for more sales in the luxury industry than collective ecommerce by 2025, according to a McKinsey analyst at the Financial Times’ Business of Luxury Summit in 2015.
Another factor to look at in luxury e-tailing market is the exclusivity of individual luxury brands, which remains an equally important factor to drive the market along with increasing numbers of wealthy individuals that want to be recognized as “part of a society”, by wearing exclusive apparel and accessories. This is leading brands to expand into e-tailors market for the brand conscious and brand loyal class of customers.
On the topic of luxury e-tailing market, read detailed table of contents, list of figures and tables as well as more on “Global Luxury E-Tailing Industry 2016 Market Research Report” now available with eMarketOrg.com at http://emarketorg.com/pro/global-luxury-e-tailing-industry-2016-market-research-report/ .
Cloud computing is gaining importance in all sectors with Software as a Service (SaaS) market model being implemented across geographies and industries along with the two other major cloud computing categories of IaaS (infrastructure) and PaaS (platform). Scalability and accessibility are the leading features that give SaaS-based market models an edge over in-house / owned or traditional partnership models covering service providers and business units associated with them.
In the current dynamic and competitive market scenario, organizations (small as well as big) face the challenge of managing increasingly diverse devices, human resources (on the field, at home, in office, etc) and infrastructure as well as security issues. This makes flexibility, accessibility, security and scalability the key tools for IT stakeholders of any business. Reports say SaaS and cloud-based business application services revenue will grow to $32.8B in 2016, at a CAGR of 19.5% from 2011. SaaS businesses are increasingly focusing on customer success as a business performance measurement metric, as SaaS-based market models usually work on a monthly/quarterly/half-yearly or yearly renewals, throughout which these service providers have to prove the worth of SaaS-based market services in order to earn profiles in medium-to-long run from these accounts.
Outsourcing (any business process) to SaaS-based models helps lower a company’s dependency on in-house employees as well as data storage. These models not only offer an organization live data that helps these companies to focus on their core role of number-crunching exercises, in the long run, SaaS-based market models, if implemented across multiple business processes, can help companies save a huge amount of time, efforts and capital. And implementation as well as integration with other software is getting easier with vendors in the SaaS-based market providing excellent new features and technologies covering business processes including but not limited to , such as business intelligence (BI), security (email, content, etc) sales and customer relationship management (CRM), enterprise resource planning (ERP) and much more.
eMarketOrg.com has multiple reports on the SaaS market model. Here are brief details for a couple of them:
Global SaaS-Based Content Security Industry 2016 Market Research Report: This is a 125 pages report supported with 139 data tables and figures on SaaS-based content security market and profiling companies like Cisco Systems, McAfee, Microsoft, Symantec, Barracuda Networks, Blue Coat Systems, Citrix Systems, Dell SonicWall, F5 Networks, Proofpoint, TrendMicro and Websense.
Global Saas-Based Enterprise Resource Planning (ERP) Industry 2016 Market Research Report: Profiling companies like Infor, Epicor Software Corp., Microsoft Corp., NetSuite Inc., Oracle Corp., SAP AG, Acumatica, Aplicor LLC, Deltek Inc., FinancialForce.com Inc., Intacct Corp., Plex Systems Inc., QAD Inc., Ramco Systems Ltd, Sage Software Inc., RootStock Software and Workday Inc., this is a 129 pages report supported with 145 data tables and figures and is available at http://emarketorg.com/pro/global-saas-based-enterprise-resource-planning-erp-industry-2016-market-research-report/ .
All reports on SaaS market can be explored at http://emarketorg.com/product-tag/saas/ .
With cloud computing and cloud services being integrated into almost all verticals, the market for cloud e-mail security, cloud product lifecycle management market and other services is attracting a lot of small and big players. With existing companies offering cloud services becoming bigger every single day via expansion of services across geographies, market entrants and smaller players are focusing on finding a niche that will give them a stable stand in the competitive landscape.
Though USA accounts for half of the cloud services market, top companies are expanding their reach of services via newer data centers both planned or already operational in Europe and Asia. Value added services are playing a big role when these companies target newer avenues of growth. There are research numbers which indicate that the companies banking on ‘cheap’ offerings as their differentiator have not won much of the market share. Security is playing a critical role in businesses choosing their cloud partners and the ‘local’ support approach is gaining importance in growing markets.
At eMarketOrg.com, we offer multiple business intelligence and market research reports on cloud that cover an up-to-date status of the industry and services provided by active players. Global Cloud E-mail Security Industry 2016 Market Research Report is one such study of 122 pages, supported with 140 data tables and figures while profiling companies like Cisco Systems, Intel (McAfee), Raytheon (Websense), Symantec, TrendMicro, AppRiver, Apptix, Avira, Barracuda Networks, Dell SonicWALL, Entrust, Mimecast, Panda security, Proofpoint and Watchguard.
The second research titled Global Cloud Product Lifecycle Management Industry 2016 Market Research Report provides international market analysis including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. With 143 data tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Companies like PTC, Siemens PLM, AutoDesk, Dassault Systemes, Aras, Arena, Omnify, Oracle Agile and Infor are profiled in this research.
With Google taking a big plunge in the cloud market, the landscape surely seems to get interesting, competitive and hopefully much more innovative in the medium to long run. Google is not only targeting businesses for their services, it is also trying to empower developers with tools that may become a game changer, sooner or later.
The global market demand of plasma-fractionated products is constantly increasing day by day. Besides growth in the magnitude of the market demand, there has been a visible advancement in the processes that ensure the quality and safety of products along with a better use of chromatography in fractionation technologies and changes in the patterns of clinical usage for the various plasma-fractionated products.
The primary drivers of plasma fractionation market processes have changed with time as new plasma products have been increasingly adopted and used across the globe. Also, the commercial availability of these products has increased with time.
Industry experts predict that due to increasing demand of plasma-fractionated products, the market for plasma collection will outpace overall blood collection through 2018. And the key market drivers for this speculation will be plasma-derived immunoglobulins (Ig) used to produce intravenous immunoglobulin (IVIG) therapies. According to expert research reports, ten times as much plasma is collected in the United States as in Europe- in 2013, 29.4 million liters to 2.3 million liters. So, in general, the increasing number of hemophilic patients, increasing use of albumin and immunoglobulin in various chronic diseases and growing prophylactic treatment are some of the important factors driving the plasma fractionation industry. Due to some of these key factors, plasma fractionation industry is expected to grow at a CAGR of 8.9% during the period of 2014 to 2019.
A well researched report on plasma fractionation market for 2016 to 2021 is now available with eMarketOrg.com. This research not just provides a basic overview of the industry including definitions, classifications, industry chain structure and applications; it also provides an expert market analysis for the international markets including competitive landscape analysis, development trends, and key regions development position. Company profiles are scrutinized providing their product picture, specification and more. Finally the probability of new investment projects are assessed and overall research conclusions offered.
Major players in the plasma fractionation market discussed in the report are Baxter , CSL, Grifols , Octapharma, BPL, Kedrion, RAAS , Mitsubishi Tanabe , CBOP and Hualan Bio. Read more at http://emarketorg.com/pro/global-plasma-fractionation-market-report-2016/ .
eMarketOrg.com announces availability of an elaborate research report on the cutting tool industry for manufacturers and suppliers wanting to take advantage within this market, at http://emarketorg.com/pro/global-cutting-tools-industry-report-2015/.
The Cutting Tool Industry is going through a strategic change and witnessing a shift in trends and demand. This is due to changing industry technology dynamics and need for new and specific cutting tools and materials.
During these changing times, it is essential for the manufacturers to come up with technology and methods to address the cost requirement while making profits. It becomes essential to come up with innovative technology products to be able to stand in the competitive landscape by meeting the specific demands of the end users.
This innovative technology if utilized well by the manufacturers, can meet the changing dynamic needs of the customers. The suppliers should also provide cutting edge solutions supported with best services to satisfy various customers’ objectives like lower cost per component, increased productivity, latest innovation and technology.
The ever-growing competition in the manufacturing sector, both from local and global players, has led to an increased end-user expectation towards cost and technological competitiveness. It has become very important for manufacturing companies today not just to act as cutting tool experts but also optimized machining solutions for increasing productivity and quality. It is necessary to identify customer’s needs, often before they realize it themselves and creating the right product. This drives the business growth to a great extent. Each tool, every machining strategy, every solution should focus on achieving perfection till performance meets or even surpasses expectations.
Cutting tools industry is showing growth globally but India is one of the major target markets as of now. PM Modi’s “Make In India” campaign has given a confidence boost to the manufacturing industry. The constructive developments in areas of infrastructure, policies and steps that are being taken to simplify doing business in India will boost the Indian manufacturing industry and hence cutting tools market to an extent.
India may become a crucial manufacturing economy in the times to come. Large MNCs have invested and are shifting to India. India is a growing cutting tools market with great scope for the manufacturing sector. It has a huge demographic advantage of young, educated and ambitious workforce, a key driver for growth in the manufacturing sector.
Explore more reports on manufacturing market at http://emarketorg.com/cat/manufacturing/ .
eMarketorg.com announces addition of “World Offshore Oil & Gas Helicopter Market Forecast 2015-2019” research report that says installed base of manned production infrastructure continues to increase, as does the fleet of offshore rigs and specialist installation and support vessels. This drives the demand for helicopter services, with forecast spend for the next five years increasing more than 25%, compared to the preceding five-year period.
Report author, Andy Jenkins, commented, “However, the significant cuts in capital expenditure that we have seen in 2015 will impact the helicopter business with lower than previously-expected levels of drilling and seismic activity. We also expect to see a delay in the sanctioning of some new offshore production infrastructure.
Whilst expectations for the coming three years are lower than previously anticipated in our 2014 report (by between -4% and -7% year-on-year) the overall picture remains a long-term growth story with the offshore helicopter industry expected to be relatively resilient as the majority of demand will arise from ongoing production phase support.
The helicopter market is highly dependent on these production phase operations and they are characterised by longterm contracts. We do note, however, that E&P companies are currently focused on costs through their supply chain and this is expected to impact renewal rates and new contracts over the next two years.”
Report editor, Steve Robertson, concluded, “The coming years will be an important time for the industry as a new generation of medium-class helicopters, such as the H175 and AW189, are introduced. These have been developed to provide higher crew capacity, power and range for a number of industries. These models are highly efficient with new advanced safety systems and are, therefore, expected to perform well in the offshore arena.
In the longer term there is the exciting prospect of high speed rotorcraft entering the market. These have the potential to be a gamechanger in the offshore sector, revolutionising the speed at which personnel can be transferred and the operating distance of units. AgustaWestland’s AW 609 is expected to be the first commercially available rotorcraft serving the offshore sector with the potential for others to follow, perhaps building on experience with these craft in the military sector (such as Bell and Sikorsky).”
Complete report titled “World Offshore Oil & Gas Helicopter Market Forecast 2015-2019” is available at http://emarketorg.com/pro/world-offshore-oil-gas-helicopter-market-forecast-2015-2019/ .
eMarketorg.com announces addition of “World Offshore Accommodation Market Forecast 2015-2020” research report that forecasts demand for offshore accommodation vessels will average almost 42,000 Personnel on Board (PoB) per year over the period 2015 to 2020. An increase of 14% compared to the preceding six-year period.
Report author, Kathryn Symes, commented, “Despite a peak between 2016 and 2018, the market will plateau towards 2020 as decreasing fixed platform installations and capital expenditure (Capex) restrictions lead to a decline in construction support.
Offshore accommodation units are utilised throughout a field lifecycle in both the operational expenditure (Opex) and Capex stages. Over the forecast period Opex-driven Life of Field (LoF) support will continue to dominate PoB requirements, accounting for 73% of demand, largely driven by the vast installed base of fixed platforms.
Operators will demand temporary accommodation support in order to minimise platform downtime during maintenance and modification work, ensuring continuity of production. Accommodation units, utilised to support hook-up and installation of platforms and subsea infrastructure, are more susceptible to oil price declines and will account for 27% of PoB requirements over the period.
Asia accounts for the largest share of accommodation demand in the next six years, at 26%, due to the large number of installed platforms. The large tonnage of platforms in Western Europe, the substantial small fixed platform population in North America and increasing deepwater production in Africa are also key.
Although a decline in Capex-focused operations is expected to slow demand for accommodation units, Opex operations, such as maintenance and modifications, will drive continuing global demand across accommodation types through to 2020.”
Complete report titled “World Offshore Accommodation Market Forecast 2015-2020” is available at http://emarketorg.com/pro/world-offshore-accommodation-market-forecast-2015-2020/ .
eMarketOrg.com announces addition of “World FLNG Market Forecast 2015 – 2021” research report that says there will be significant growth in both investment and activity in the FLNG market over the next seven years, and forecasts a total expenditure of $58.3 billion (bn). 61% of this spend is attributed to liquefaction infrastructure, with the remainder from import and regasification facilities.
Report author, Ben Wilby, commented, “The industry is about to see the installation of the first floating liquefaction projects. The application of LNG technology offshore has been proposed and studied within the industry for more than 30 years so there is intense industry interest in the first applications. The success of these first pioneering projects will no doubt impact future commitments by operators to FLNG developments.
There are now many projects on the starting blocks awaiting a final investment decision by the operator. In 2015 we expect something of a pause in new commitments given both the ‘first in the line to be second’ approach to the technology and the Capex cutbacks we have seen as a function of lower oil and gas prices.”
Operators are attracted to FLNG as when compared to its onshore alternative, FLNG facilities are more secure, can have shorter lead-times, remove the need for long pipeline to shore, and offer a potentially lower-cost alternative to monetising stranded gas fields. While there are inherent risks, FLNG is undoubtedly a prospective market that in the long-run is poised to drive many future gas developments.”
Steve Robertson, report editor, concludes, “We are likely to see a dip in industry expenditure in 2018 as the first installations are completed and then a second wave of projects move into execution near the end of the decade which will then drive spend to new heights. These yet-to-be-sanctioned projects are targeting stranded gas assets in Australasia, Asia, Gulf of Guinea, East Africa and the East Mediterranean.
We also expect more floating regasification units to be sanctioned, with Asia and Latin America being the dominant regions. Upcoming projects are visible in Indonesia, China, Pakistan, India, Vietnam, Bangladesh and Sri Lanka, mostly led by National Oil Companies. Latin America will see deployments of floating regas units in Chile and Puerto Rico.”
Complete report titled “World FLNG Market Forecast 2015 – 2021” is available at http://emarketorg.com/pro/world-flng-market-forecast-2015-2021/ .
Onshore Pipelines Market Capex to be 14% More During 2015-2019 as compared to Previous 5 Year Period
eMarketOrg.com announces addition of latest edition “World Onshore Pipelines Market” research report that expects the onshore pipeline capital expenditure to grow modestly to $220bn between 2015 and 2019.
According to Author Matt Loffman, “This represents a 14% increase on the previous five-year period. The substantial fall in oil prices has weakened the onshore market, causing project delays and a focus on reducing costs for pipeline owners. Despite this, the delays we have observed have a different complexion to other oilfield sectors and have been limited in large part to the North America region.
In general, the onshore pipeline construction market is fairly insulated from commodity price fluctuations when taking a global perspective. There are delays relating to a reduction in the rate of growth in major non-OECD economies in addition to falling US unconventional production figures. However these are offset to a large extent by major transmission lines and demand growth in the Middle East and Latin America.”
Research Team Leader, Hannah Lewendon, concludes, “The team has performed a full refresh of the market model with the latest DW data. The methodology has been revised and sense-checked through extensive consultation with industry in each global region. On a regional basis the Middle East continues to be a bright spot where solid growth is anticipated. As other developing regions increase their infrastructure footprint we expect pipeline construction to remain important.
Other observable trends include a shifting towards large diameter lines over the past three years. This is expected to continue to 2016 but in 2017 and beyond, smaller diameter pipelines are expected to gain relative market share driven by maturing networks within population centres of non-OECD countries and a return of US onshore production growth. Investment in LNG infrastructure and a move towards gas as a power source is also a key factor in future pipeline construction. We anticipate 66% of installed lines between now and 2019 to transport natural gas.”
Complete report titled “World Onshore Pipelines Market Forecast 2015 – 2019” is available at http://emarketorg.com/pro/world-onshore-pipelines-market-forecast-2015-2019/ .
Singapore aviation market is booming like never before. An overall positive outlook is predicted for the global aviation industry in 2015 and 2016. The Singapore aviation market is an important sector which is contributing to the growth of Singapore’s overall economy. High efficiency and world class services at the Changi Airport and a commendable air safety record are known to all. Changi Airport is one of the best airports globally which has won more than 450 awards.
Adding to this already existing world class features and services, The Civil Aviation Authority of Singapore (CAAS) inaugurated two centers on August 19 in its effort to set up Singapore as a centre of excellence for air traffic management (ATM) and take forward the growth of Singapore aviation market.
The ATM Research Institute is collaboration between CAAS and Nanyang Technological University, being Singapore’s first institute contributed to ATM research and development program. Under a memorandum of agreement the parties signed in 2013 targeting the growth of Singapore aviation market and overall industry welfare, CAAS will contribute S$50 million ($35.6 million) over five years to fund R&D activities, with the university contributing in-kind services.
The institute has laboratory space and office at the university. It is a two-story ATC tower simulator with a 360-degree view, constructed through an investigation partnership with the German Aerospace Center and a radar simulation laboratory. Both simulators run on integrated tower and radar simulation software developed by the Netherlands National Aerospace Laboratory.
Thus the Singapore aviation market is showing a promising future ahead and the passengers are sure to get the best hospitability and services. According to current research, the leading country market for flights from Changi Airport in 2014 was Indonesia which catered for 7.5 million passengers in 2014. Other than Indonesia the top markets in 2014 were Hong Kong, Kuala Lumpur, Bangkok and Manila.
The report ‘Assessment of the Singapore Aviation Industry 2015” available with eMarketOrg.com highlights key dynamics of Singapore aviation market. The growing opportunity in the sector has been investigated along with key challenges. Read more at http://emarketorg.com/pro/assessment-of-the-singapore-aviation-industry-2015/ .
China is seeing a rise in the urban middle class population among its already existing high population. This middle class population is consuming less than one third of the global per capita milk consumption average. Thus, one can foresee good prospect in the country’s dairy market.
The global dairy markets have shown a steady growth this year. Milk production from the major suppliers is on the rise. The amount of milk bought by China though is unparalleled with the others and is a huge support to the global dairy complex. With economic growth and rise in per capital income, the demand for dairy products in China will keep increasing and so will the demand for imported dairy products.
In recent years, regular safety incidents of domestic dairy products have been of concern to people of China. This has made consumers, especially parents of infants, turn to imported ones. According to expert research results, 2.0519 million tons of dairy products were imported into China in 2014. This number is increasing 12.30% year on year with a total value of USD 8.487 billion. Specifically, the import volume of milk powder was 0.9237 million tons and its import value was USD 4.437 billion, respectively increasing at 8.11% and 23.77% year on year.
Thus, in the current situation, there are many buyers not willing to spend on what China’s domestic market has to offer. The middle class population is increasingly consuming milk supplied from other parts of the world. There is an increasing dependency on imported dairy product. Thus, fat filled milk powders and other economic milk solids substitutes are in huge demand in the China Dairy market.
Thus, it is believed that China is a big prospect market for global dairy industry. Read more on China Dairy Industry: Present & Future at http://emarketorg.com/pro/china-dairy-industry-present-future/ .
China’s roaring economic growth has given rise to ample disposable income of the people. This has led to a rise in food and beverage consumption and also a change in the consumption habits. As compared to earlier time when only local beverage could be afforded by the people, the rising middle class can now afford alcoholic beverages especially beer from overseas and of foreign brands. According to experts, more people will be able to afford beer by 2017. The legal drinking age population will see more rapid growth than the U.S. by 2017 according to experts.
World’s largest amount of alcohol is served in the U.S. today followed by China. China is ready to overtake the U.S. as the world’s largest beer market in value by 2017.
Last year, the Chinese beer market’s value was 79 percent the size of the U.S.’s in fixed U.S. dollar exchange rate terms. Expert’s forecasts that this figure will rise by 45 percent by 2017, making China the world leader in terms of value sales.
Changing social and cultural factors have also a major role to play in the changing China’s alcoholic beverage market. China’s increasing pub culture is providing more opportunities for people to consume alcohol. It is also observed that the consumption of alcohol especially wine is also increasing leading to further of the China Beer Market. The Chinese budding beer consumers are also open to trying a variety of other alcoholic beverages.
Thus, it is important to tap the China’s Beer market while adapting to the changing regulatory environment. It becomes very essential to also track the ongoing development, consumer tastes and competition for companies eyeing this roaring growth market. Explore newly published and relevant reports on the beer market at http://emarketorg.com/tag/beer/.
With its big population and high demand, India is attracting smartphone market manufacturers like never before. With almost three overseas smartphone companies entering the country every month, domestic vendors are getting ready for the long pull. The young generation of the country is going gaga over the wide range of options available from the overseas market. There is a huge demand at this time and a good time for foreign companies to try their share of market in India.
With the festive season just round the corner, there will be a huge demand for smartphones in India. Owing to the rise in sales, India will overtake the US to become world’s second largest smartphone market by 2017, say experts.
China, India and the US are the three big countries driving smartphone growth worldwide. According to international research experts of the field, global smartphone sales are forecast to grow from 1.5 billion units in 2015 to a record 1.7 billion by 2017.
India is expected to overtake the US to become the world’s second largest smartphone market by 2017 behind China, selling an impressive 174 million units approximately. This visible growth wave in the country is believed to be driven by increasing retail availability of devices, low smartphone penetration, wealthier middle-class consumers and large scale promotions of various smartphone brands.
Some of the best expert predictions say that approximately 117 million smartphones will be sold in India in 2015. Nearly 458 million smartphones will be sold in China in 2015 which is expected to rise steadily to approximately 505 million by the year 2017. While in the U.S. market about 164 smartphones are expected to be sold which will rise considerably to 169 million by 2017. Check the latest research available for smartphones market on global and regional levels at http://emarketorg.com/cat/information-technology-telecom/ .
Automobile market has shown a diverse growth rate in different parts of the world in 2015. While China is showing a shrink back in the automobile market, U.S. continues to show a steady growth in the current market scenario. Although China continues to be the top market, the sales are decreasing their pace due to the current economic status. On the other hand, U.S. sales are expected to top high numbers with its current pace.
The growth path of the U.S automobile market is reflected in August 2015 sales figures released in the first week of September by Sweden’s Volvo. The company’s U.S. sales soared to 18.3% in August 2015, while they rose 6.5% in Europe. But sales in China sunk by 10%. While Mercedes-Benz, Honda and Toyota picked up market share in China during August 2015 with positive sales growth, General motors and ford china showed a decline.
The comparative growth in the U.S. automotive and transportation market is believed to be a result of an assured U.S consumer line being attracted to dealership by low interest rates, low gas rates and alluring new range of SUVs like Honda HR-V and Jeep Renegade.
Lastly, talking about the Indian scenario, the automotive sector is showing a steady growth here. India is predicted to become the world’s fourth largest automobile manufacturing nation by 2020, with a growth of approximately 3.5 million units today to over 7 million units. With the increasing demand in the current automobile market, Indian Government has lent a support system which led to the ‘Make In India’ programme. This will help India transform into a global manufacturing hub in the coming years.
August 2015 has seen indications of improvement in the Chinese economy. According to the country’s top economic planning agency, China’s power usage, rail shipment and property market are showing signs of improvement and hence signs of stabilizing economy amidst volatility of the market.
“The economy is expected to maintain steady growth and is able to achieve annual economic growth goals,” said NDRC. The NDRC cited data from the State Grid as saying that August 2015 saw total power consumption of China increased 2.47% on the year — the fastest growth so far this year and September 2015 is expected to see steady growth. The average daily rail freight volume rose in August 2015 1.6% when compared to July 2015, according to NDRC.
China’s exports are likely to witness a positive growth in August 2015 from a 8.3% drop in July 2015, the agency said without giving specifics. “The pickup in new orders” — which returned to positive territory in June 2015 — “was driven by a strong rise in the new export orders subcomponent, suggesting that foreign demand may finally be turning a corner,” Capital Economics analysts wrote in a research note.
According to National Development and Reform Commission (NDRC), the effective supportive policies like local government debt swaps, interest rate cuts and property market stimulus will nourish the economy in the coming months and will help strengthen the economic growth.