News Archive for Project News, Reports, TMR

Smart manufacturing market – top trends & industry insights 2016 – 2024

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Smart manufacturing is a practice of orchestrating manufacturing activities across different layers comprising tradeoff decisions, operation, maintenance, automation, control, logistic, risk assessment, management and business. The entire procedure is undertaken by using real-time smart manufacturing system and data-driven manufacturing intelligence. Smart manufacturing has transformed conventional factories into high strategically versed centers, thereby stimulating the productivity in a cost efficient manner. Information and communication technology based solutions when implemented across the manufacturing processes help efficiently in augmenting the workflow and bring about maximum productivity.

The production process generally encompasses data capturing, modelling and simulation, big data analysis, planning and controlling, cloud computing and others. The above techniques can be efficiently implemented only through digital innovations and its deployment in the manufacturing domain. Smart manufacturing model optimizes procedures within the plants and supply chain networks through highly automated and IT driven production procedures.

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Smart Manufacturing Market: Drivers

Large scale technical advancements across various domains have lead the companies to strive hard in adopting modern technologies and gain competitive advantage over their counterparts. Smart manufacturing technology efficiently assists in reducing unnecessary system costs, thereby enabling manufactures to attain cost effective production plans. Many developed countries have witnessed wide scale adoption of IoT and machine to machine (M2M) communication technology in the industrial sector. This has significantly staged a major driving factor influencing the market growth.

Furthermore, certain regional governing bodies have introduced regulations to enhance the deployment rate of smart manufacturing technology. Contribution of industrial revolution 4.0 too may pose an opportunistic growth characteristics for the smart manufacturing market. However, there are various restraints hampering the market growth for smart manufacturing technology. As the entire automation process is controlled by engineers, there is a frequent demand for skilled workforce. Moreover, vulnerabilities involved in cyber security platform are the major concern preventing manufacturers to deploy smart manufacturing technology.

Smart Manufacturing Market: Segmentation

The smart manufacturing technology market can be segmented based on components, technology, end-use industry and geography. Based on components, smart manufacturing market segmentation encompasses control devices, control valves, robotics, communication modules, sensors and actuators, machine vision, and others. Communication module can be subdivided into wired and wireless technology compromising Ethernet, profibus, fieldbus, RFID, Wi-Fi, Bluetooth, hart (wired & wireless), and others.

Robotics sub segment comprises of Cartesian robot, assembly robot, jointed-arm robot and others. Control devices for smart manufacturing system includes relays and switches, drivers and servo-motors and others. Machine vision components include camera, frame grabbers, LED lighting, optics and processors.

Types of technology encompassed under smart manufacturing market are manufacturing execution system, programmable logic controller, supervisory controller and data acquisition (SCADA), distributed control system, enterprise resource and planning, human machine interface (HMI) and product lifecycle management (PLM).

End-use industries deploying smart manufacturing systems are oil & gas, chemical, mining & metal, paper & pulp, petrochemicals & fertilizers, food & beverages, automotive, machine manufacturing, aerospace & defense, electrical & electronics, and others. The smart manufacturing market segmentation on the basis of geography includes North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Smart Manufacturing Market: Key Players

Some of the key players in the global smart manufacturing market include ABB Ltd., Honeywell International Inc., Johnson Controls Inc., Emerson Electric Company, General Electric Company, Rockwell Automation Inc., Schneider Electric, and Siemens AG.

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Ultra mega power projects (UMPP) construction – global industry analysis and forecast 2016 – 2023

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 Ultra mega power projects (UMPP) are large power stations with a capacity of 4,000 MW. UMPP was an initiative planned by Government of India in 2005 to build series of ambitious power stations. The aim of the initiative is to create an additional capacity of minimum 100,000 MW power by 2022. The UMPPs are perceived as an extension of the MPP (Mega Power Projects) projects that the Government of India initiated in the 1990s. The projects are awarded to developers on the basis of competitive bidding. In countries such as Brazil, China, Poland, Indonesia, Saudi Arabia, Japan, Russia, UAE, Canada, Venezuela and the U.S, ultra mega power projects exist with different names and different initiatives. Generally, these UMPPs are coal powered, hydro powered, nuclear powered, wind powered and oil & gas powered.

The global UMPP construction market has been growing substantially since the first ultra-mega power project was started in Labrador, Newfoundland and Labrador, Canada in 1971. This power plant has an installed capacity of 5,428 MW and is owned and operated by the Churchill Falls Labrador Corporation Limited. Many other ultra-mega power projects such as the Itaipu hydroelectric dam, Xiluodu hydroelectric dam, and Guri hydroelectric dam have been constructed in various regions of the world. North America, Asia Pacific and Latin America are the major markets for UMPP construction industry.

The drivers for UMPP construction market include rising demand for electricity across the globe. The rising population, industrialization and modernization have led to an increase in demand of electricity. UMPPs provide electricity to consumers at much lower rates. As the size of the power plants is very huge, the cost of the electricity is much lower due to the economies of scale. However, initial high capital costs, negative environmental impacts and infeasibility to relocate large number of residents could hamper the growth of UMPP construction market.UMPPs are beneficial for low cost electricity generation and rising demand of electricity could be satisfied with help of UMPPs. Many governments such as Government of India and Government of China among others have provided subsidies, financial assistance, public clearances and approvals, and plug and play model to encourage UMPP construction projects. These positive attributes are likely to help the UMPP construction market to grow during the forecast period.

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The global UMPP construction market for can be segmented on the basis of technology and geography. Various types of UMPPs are constructed across the globe using different renewable and non-renewable energy sources. UMPPs are constructed using various energy sources such as coal, nuclear energy, oil & gas, wind power and hydro power. Asia Pacific held largest market share of the global UMPP construction market in 2014. China is one of the leader in UMPP construction market followed by India, Japan, South Korea and Indonesia. North America, Latin America and Europe including countries such as the U.S, Canada, Brazil, Venezuela, Russia and Poland have a large market for UMPP construction. Middle East has also started construction of UMPP in recent years. Countries such as Saudi Arabia and UAE are major players in this region for UMPP construction market.Asia Pacific including countries such as China and India have a huge potential market for UMPP construction in the coming years.

Some of the key players in the global UMPP construction market include China Three Gorges Corporation, Centrais Elétricas Brasileiras SA, CVG Electrificación Del Caroní CA, Chubu Electric PowerCo. Inc., Itaipu Binacional, LongTan Hydropower Development Co. Ltd., Ontario Power Generation Inc.,PGE Polska Grupa Energetyczna SA, Reliance Power Ltd., RusHydro JSC, Saudi Consolidated Electric Company, Taiwan Power Company , Tata Power Co. Ltd, and Tokyo Electric Power Co. Inc. among others.

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Advanced distribution management system – advanced technologies & research review 2016 – 2024

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An advanced distribution management system is a software platform that facilitates the full suite of optimization and distribution management.  It operates automate outage restoration and optimizes the performance of the distribution grid. Various applications of advanced distribution management system include fault location, isolation, and service restoration (FLISR), planning function, volt/VAR control, and advanced forecasting using supervisory control and data acquisition (SCADA) system.

Advanced distribution management systems have emerged as a major smart grid technology innovation with the potential to combine utility distribution IT systems into a single, more efficiently managed platform. These systems function for electric utilities for numerous applications such as fault location, restoration, and isolation, conservation through voltage reduction, volt/volt-ampere reactive optimization, support for microgrids and electric vehicles and peak demand management.

Advanced Distribution Management Systems Market: Growth Enablers

The advanced distribution management system market has been experiencing massive growth in the recent years due to rapid development in smart grid technology and rise in global energy demand. Government regulations mandating the deployment of advanced distribution management system to enhance the carbon efficiency and reduce the cost is expected to drive the market in near term. Additionally, increasing need for improved customer service and utility efficiency is further expected to fuel the market growth.

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However, the lack of standard interface and interoperability issues in advanced distribution management systems is hindering the market growth. Also, inadequate financial incentives for utilities are also restraining the market growth. Infrastructural developments such as development of smart cities and integration of advanced distribution management systems with smart devices is expected to create huge opportunities for the companies operating in global advanced distribution management system market.

Advanced Distribution Management Systems Market: Segmentation

The global advanced distribution management system market is segmented on the basis of type, end user and geography. Based on the type, the market is classified into software and services. Services is further sub segmented into consulting, system integration and support and maintenance. Among these, system integration is expected to dominate the market during the forecast period. Increasing demand for system integrators to install, manage and maintain various connected platforms is a major driving factor for the growth of the system integration segment. In terms of end user, the market for advanced distribution management system is segmented into industrial, commercial and residential end users.

On the basis of geography, the global advanced distribution management system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these, North America is expected to lead the advanced distribution management system market during the forecast period due to rising need for energy, increasing government regulations regarding carbon savings and increasing number of smart grid projects. Moreover, Middle East & Africa (MEA) and Latin America is expected to tender growth opportunities owing to the increasing smart grid projects and increasing energy prices.

Advanced Distribution Management Systems Market: Key Players

Some of the leading companies operating in the global advanced distribution management system market with the most significant developments include Oracle Corporation, Schneider Electric SE, ABB Group, Indra Sistemas, General Electric Company, Advanced Control Systems, Siemens AG, Survalent Technology, ETAP/Operation Technology, Inc., Capgemini Consulting, S&C Electric Company, Alstom S.A. and Open Systems International, Inc.

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Competition intensifies in global distribution automation market, ABB Ltd. and Siemens AG emerge as leading players, TMR States

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The competitive landscape of the global distribution automation market is highly concentrated with the presence of a few players. Siemens AG and ABB Ltd. are the market leaders, accounting for 22% and 24% of the market respectively. Other competitors in the market include Dominion Virginia Power, American Electric Power, Cooper Power Systems, S&C Electric Co., Electricite de France, Pacific Gas and Electric Co., General Electric Corp., Schneider Electric SA, and Tennessee Valley Authority.

Demand for Power Quality and Efficiency Devices to Surge in Near Future

The market players have witnessed an increased demand for distribution automation solutions across the industrial sector. In 2012, the industrial sector was the largest end-user in the market and accounted for 51.3% of the overall market. During the forecast period, the industrial sector is anticipated to retain its position, ahead of the commercial and residential sectors.

Among the major product types in the global automation distribution market, monitoring and control devices have registered the highest demand and had held 36.1% of the overall market in 2012. However, during the forecast horizon, the power quality and efficiency devices segment is expected to witness the fastest growth.

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Europe to Dominate Global Distribution Automation Market during Forecast Period

In the global distribution automation market, Europe generated the highest revenue in 2012 and held 32.2% of the overall market. “Various initiatives taken by governments across European nations to fund smart grid projects and growing investments in various components of distribution automation have stimulated the growth of this regional market,” a TMR analyst cites.

While the low cost of operation and maintenance of distribution automation solutions is likely to drive the demand from the Europe market, North America and Asia Pacific are expected to emerge as the major regions in the market. The growing focus on advanced metering infrastructure integrated with distribution automation solutions is expected to aid the growth of the market in North America.

Lack of Standardization in Communication Technology to Hamper Growth of Global Distribution Automation Market

The technical advancements enhancing the efficiency and reliability of distribution system has led to the increased demand for distribution automation solutions. The various benefits offered by distribution automation systems including reduced power outage and lower operating cost and maintenance have further increased their adoption. However, the lack of standardization in the communication technology and infrastructure, coupled with modernization of existing switchgear might hamper the growth of the global distribution automation market. Technological innovations hold immense growth opportunities for the market. “The rural market is an untapped opportunity for the distribution automation vendors,” points out a TMR analyst.

 

The global distribution automation market is projected to expand at a CAGR of 8.50% during the period between 2013 and 2019. The overall market stood at a valuation of US$9,986.3 mn in 2012 and is anticipated to be worth US$17,677.2 mn by the end of the forecast period.

The information presented in this review is based on a Transparency Market Research report, titled “Distribution Automation Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019.”

Global distribution automation market has been segmented as:

Distribution Automation Market by Product Type:

  • Monitoring and control devices
  • Power quality and efficiency devices
  • Switching and power reliability devices

Distribution Automation Market by End-user:

  • Industrial segment
  • Commercial segment
  • Residential segment

Distribution Automation Market by Geography:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Smart grid data analytics market to triple by 2022; research report

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According to a new market report published by Transparency Market Research “Smart Grid Data Analytics Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022,” the smart grid data analytics market was valued at US$1.6 bn in 2014 and is estimated to reach US$4.6 bn by 2022, expanding at a CAGR of 13.4% from 2015 to 2022.

North America accounted for the largest share, in terms of adoption and revenue, of over 33% of the global smart grid data analytics market in 2014. Due to high investment and penetration of smart grid systems in the region, North America is expected to maintain a strong position in the market. The smart grid data analytics market in North America is estimated to expand at a CAGR of 11.4% from 2015 to 2022. However, Asia Pacific is projected to be the fastest-growing market for smart grid data analytics during the forecast period, expanding at a CAGR of 14.8% from 2015 to 2022. With high investment on smart grid systems from countries such as China, Australia, South Korea, Japan, and those in Southeast Asia, the smart grid data analytics market in Asia Pacific is expected to surpass its North American counterpart, in terms of revenue, by 2022.

Smart grid data analytics are the data analytics solutions used for analyzing data gathered from the smart grid systems. Utility providers (specifically grid owners) are the primary consumers of smart grid data analytics solutions. These solutions are deployed at the end of such grid owners in order to enable them make better decisions in optimizing grid operations. Due to increasing global consumption, coupled with challenges in the production of electricity, utility providers are expected to increasingly shift toward smart grid systems and associated data analytics solutions in the coming years. The most significant factor boosting the growth of the smart grid data analytics market is the rising investment on smart grid systems, globally.

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The deepening penetration of smart grid systems is expected to substantially spur the demand for these solutions in the coming years. Apart from this, the global market is also driven by the growing advancements in Big Data analytics and Internet of Things (IoT). However, the market growth of smart grid data analytics solutions is significantly hampered due to lack of awareness and high initial costs of smart grid systems. Additionally, most of the utility providers (especially in emerging economies) are reluctant to shift to smart grid systems. This is another major factor restraining the pace of market growth.

The global smart grid data analytics market is segmented into solutions, service types, deployment models, end-users, and geographic regions. The market, based on solutions, is segmented into AMI analytics, demand response analytics, grid optimization, asset management, and other analytics solutions. The other analytics solutions segment includes energy forecasting and data visualization tools. In 2014, the asset management solutions segment dominated the global market with a market share of over 31%, in terms of revenue and adoption. However, with the increasing penetration of smart meters globally, the AMI analytics segment is predicted to register the highest CAGR of 14.3% during the forecast period, surpassing the revenue of the asset management segment by 2022. On the basis of services, the market is segmented into professional and support & maintenance services, with latter dominating the market, accounting for a market share of over 70% in 2014. The market is segmented, based on the deployment models, into on-premise, cloud-based, and hybrid deployment models. In 2014, the cloud-based deployment model segment accounted for the largest market share of over 48% of the global market. Due to the growing penetration of cloud-based services worldwide, the segment is estimated to hold its dominant position throughout the forecast period, expanding at a CAGR of 16.2% from 2015 to 2022. Furthermore, on the basis of end-users, the market is segmented into small/medium enterprises, large enterprises, and public sector consumers. The public sector segment is the largest segment, in terms of revenue, and is estimated to hold its dominant position throughout the forecast period, expanding at a CAGR of 12.6% from 2015 to 2022.

The global smart grid data analytics market comprise players such as Accenture Plc., Siemens AG, IBM Corporation, SAP SE, SAS Institute, Inc., Oracle Corporation, EMC Corporation, Opower, Inc., Cap Gemini SA, and Hewlett-Packard (HP) Development Company L.P.

The report studies the global smart grid data analytics market, and provides estimates in terms of revenue (US$ Mn) from 2013 to 2022. The market estimates are provided on the basis of solution types, services, deployment models, end-users, and geographic regions. The market has been segmented as follows:

Market Segmentation of Global Smart Grid Data Analytics Market:

 

Smart Grid Data Analytics Market, by Solution Type

  • AMI Analytics
  • Demand Response Analytics
  • Grid Optimization
  • Asset Management
  • Others (Energy Forecasting and Data Visualization Tools)

Smart Grid Data Analytics Market, by Service

  • Professional Services
  • Support & Maintenance Services

Smart Grid Data Analytics Market, by Deployment Model

  • On-premise
  • Cloud-based
  • Hybrid

Smart Grid Data Analytics Market, by End-user

  • Small/Medium Enterprises
  • Large Enterprises
  • Public Sector

Research Report http://www.transparencymarketresearch.com/smart-grid-data-analytics.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Asia Pacific to present most promising opportunities for development of power transmission towers and cables, says TMR

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The increasingly dynamic operating environment with the integration of renewable and distributed power resources in conventional grid infrastructure will have a major impact on the future development of the global power transmission towers and cables market, states a recent report by Transparency Market Research (TMR). The vast number of companies operating in the highly fragmented marketplace will benefit from the rising demand for up gradation of old or technologically outdated grid infrastructures. Asia Pacific is home to some of the largest vendors in the power transmission towers and cables market, including Sumitomo Electric Industries Ltd., KEC International Ltd., ShanDong DingChang Tower Co. Ltd., Nanjing Daji Iron Tower Manufacturing Co. Ltd., Zhejiang Shengda Steel Tower Co. Ltd., and Kalpataru Power Transmission Ltd.

Mounting Demand for Electricity to Lead to Expansion of Grid Networks

Uninterrupted and high quality electricity supply being central to several developments in today’s increasingly digitized world, the vast rise in the global demand for electricity forms the backbone of the global power transmission towers and cables market. In addition to this factor, rapid industrialization and urbanization will be the major factors encouraging developments in the market in the next few years.

The need to adapt to the dynamically changing grid infrastructures, owing to the rising integration of renewable power sources in conventional grids, and dynamically changing load profiles will lead to technological advancements in the sector. The market will also witness significant development in response to the need for upgrading grid elements to technologically advanced ones, demand for which is driven by the increasing complexity of transmission networks and the constant rise in power flow.

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However, the market will be hampered to a certain extent owing to the emergence of wireless power transmission technologies such as laser beaming and solar and magnetic resonant induction coupling in the next few years. Known to minimize electrical energy losses and grant increased convenience of energy transfer, these technologies will see increased adoption from utilities looking for ways of achieving increased power efficiency. Adoption of these technologies will, to an extent, limit the need for overhead cables and above-ground power transmission towers.

Urgency for Grid Up gradation in Emerging Countries to be Key Enabler of Growth

The markets for power transmission towers and cables in developed regions will be driven majorly by the vast and rapid changes in power flows and operating environment associated with the rising inclusion of renewable and distributed power resources in grid infrastructure. Additionally, the aging of grid components in these regions will also be a major driver of the power transmission towers and cables market.

In developing regions such as Asia Pacific and Africa, limitations in existing grid infrastructure will lead to the increased demand for technologically advanced power transmission towers. Existing products in grid infrastructure in these regions, including circuit breakers, fixed shunt reactors, and conventional transformers, will not be able to deal with situations such as higher power and quality demands of modern digital devices, load variability, and increasingly  complex and long interconnections. Thus, power transmission towers will be subjected to numerous changes in regards with design, control mechanism, and safety and security features in the near future, driving increased demand for tower maintenance and upgradation services.

Asia Pacific will account for the largest share in the global market for power transmission towers and cables in terms of both volume and revenue generation, with nearly 44% and 49%, respectively, in the global market by 2023.

Transparency Market Research projects that the global market for power transmission towers and cables will tread along a healthy growth path over the next few years. Expected to exhibit a CAGR of 7.15% over the period between 2015 and 2023, the market will rise from a valuation of US$7.62 bn in 2014 to US$13.90 bn by 2023.

This review of the market is based on a recent market research report published by Transparency Market Research, titled “Power Transmission Towers and Cables Market – Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 – 2023.”

For the study, the market is segmented as follows:

Global Power Transmission Towers and Cables Market: By Type

  • Power Transmission Towers
  • Power Transmission Cables

Global Power Transmission Towers and Cables Market: By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • CIS countries
  • Germany
  • The U.K
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Rest of Asia Pacific

Middle East and Africa

  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa

Latin and Central Americas

  • Brazil
  • Argentina
  • Rest of Latin and Central Americas

Research Report:http://www.transparencymarketresearch.com/power-transmission-towers-cables-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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World forklift trucks market to reach US$ 55.9 Bn by end of 2021, PMR report

According to the report, the global forklift trucks market was valued at US$ 35.3 Bn in 2014 and is projected to expand at a CAGR of 6.9% during the forecast period to reach US$ 55.9 Bn by the end of 2021.

Key driving factors identified in the global forklift truck market include expansion of warehouse space globally, growing e-commerce business across the globe, strong demand for forklift truck replacement in developed markets, and bulk investments in purchase of low-cost forklift trucks in emerging markets.

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Assessing the various factors driving the market growth, PMR analyst opined, “The global material handling equipment market is growing significantly at an annual growth rate of 3%–7%. Electric type forklift truck is one of the prominent segments in this market. These trucks are gaining traction due to the implementation of various advanced technologies and their growing application across various industries worldwide.” The China market is projected to exhibit the fastest growth over the forecast period due to various factors, such as favorable economic environment and a need for technological advancements in in-house logistics in the country.

From a regional perspective, Asia-Pacific was the largest market for forklift trucks in 2014, accounting for approximately 41.4% volume share of the overall market. Europe is projected to account for the second largest volume share of the global forklift truck market and expand at a CAGR of 4.6% over the forecast period, due to the positive outlook of the economy in Western Europe and expected rise in trade of goods, in turn leading to a significant growth in demand for forklift trucks in the region in the near future.

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Key market participants covered in the report include Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Inc., Toyota Industries Corporation (TICO), Mitsubishi Nichiyu Forklift Co., Ltd., Crown Equipment Corporation, Anhui HeLi Co., Ltd., CLARK Material Handling Co., Ltd., and UniCarriers Americas Corporation.

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Automotive sunroof market size forecast to reach USD 9.76 billion by 2022: Global Market Insights Inc.

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Automotive sunroof market size is estimated to be valued at USD 9.76 billion by 2022; as per a new research report by Global Market Insights, Inc. Innovation in component materials coupled with rising number of factory-installed sunroofs is expected to drive industry demand over the forecast period. In addition, increased aftermarket demand is also anticipated to fuel growth.

Surging use of these products by automotive manufacturers in concept cars to make the interiors look luxurious is predicted to boost demand over the forecast period. Escalating consumers’ preference for vehicles equipped with larger sunroof is expected to propel panoramic sunroof market growth over the next few years.

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Inbuilt automotive sunroof market accounted for majority of the overall revenue in 2014, since these are a popular factory installed variant. Commonly known as moonroofs, inbuilt models are expected to grow at a CAGR of over 7% from 2015 to 2022.

High cost and regular maintenance are estimated to pose a challenge to the automotive sunroof market size. As these systems have drains and holes, it may cause clogging and leakage of water into the car. Hence, regular maintenance is required and thus involves high maintenance cost.

Growing alternative fuel vehicle segment is likely to drive the demand for solar roofs, which is expected to present a growth opportunity to key industry participants.

Browse key industry insights spread across 70  pages with 38 market data tables & 23 figures from the report, “ Automotive Sunroof Market Size By Product (Glass [Pop-up, Inbuilt, Spoiler/Tilt & Slide, Top Mount, Panoramic], Fabric [Foldable, Removable]), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/automotive-sunroof-market
Key insights from the report include:

  • Glass sunroof market size accounted for majority of the overall share in 2014. The segment is expected to continue dominating demand over the forecast period. OEMs look to achieve high product quality and passenger safety amid growing product complexity, such as the use of toughened glazing with ceramic coating. There exist design challenges in glass sunroofs, since increased weight on the top changes the center of gravity, and companies need to meet stringent safety standards on roof crush.
  • Europe automotive sunroof market share was valued at USD 1.69 billion in 2014; it is expected to grow at a CAGR of 9.4% from 2015 to 2022 on account of considerable presence of luxury vehicles in the region. The UK and Germany are the key contributors to this growth.
  • Asia Pacific aftermarket automotive sunroof  market demand is on the increase, driven by growing consumer preference to install these products and enhancing the overall aesthetic appeal of the vehicle.
  • Key industry players capturing significant automotive sunroof market share are Webasto, Inteva, and Inalfa. Webasto’s logistics strategy is based on the Webasto Production System (WPS), with which it aims to provide high product quality and superior delivery service. The company focuses heavily on maintaining quality in order to achieve competitive differentiation.

 

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Relaxing of FDI regulations brings in a ray of hope for India STATCOM UPS market, says research report 2016

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Buyers in the India static synchronous compensator (STATCOM) UPS market are giving brand image exceptional importance, prompting companies to differentiate both their offerings and brand value, finds TMR in a new study. This sentiment has percolated to building customer loyalties that are driving STATCOM UPS suppliers in India, thereby pushing players to focus on their branding building. Keeping in line with this trend, while companies such as Bharat Heavy Electricals Limited (BHEL) are focusing on increasing their vendor base to improve competitiveness, others such as ABB India Limited are focusing on product management.

The leading players will also have to focus on improving their manufacturing facilities and increasing their research and development investments to gain a stronger footing in the Indian market, TMR recommends.

Industrialization Indicates a Meteoric Rise for the STATCOM UPS Market

A TMR analyst reported, “The economic liberalization of India since 1991 has put the country in a race to achieve better GDPs, improve employment rate, and create an independent success story.” Over time, these reforms have accelerated manufacturing activities in the country and set in a noteworthy momentum to industrialization, thereby creating a huge demand for energy.

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The need for several companies spread across India to achieve a reliable and an uninterrupted source of energy has been the primary growth driver for the STATCOM UPS market. The STATCOM UPS market is anticipated expand as growing number of flexible AC transmission systems (FACTS) projects are underway in Andhra Pradesh, Gujarat, and Karnataka.

Poor Awareness about STATCOM UPS Benefits Plays Dour Restraint

The biggest restraint in the India STATCOM UPS market is the poor awareness of its benefits amongst industries. This issue can be attributed to the infancy of the STATCOM UPS market and the small and medium-sized companies that do not have the knowledge about the benefits these systems can provide over conventional technologies. These restraints are also being complicated by the high costs of installations that are dissuading large scale manufacturers from adopting these UPS systems.

FDIs to Turn the Tables with Excellent Opportunities

As the policies on foreign direct investments (FDI) are being relaxed, India is expected to witness a boom in the manufacturing sector in the forecast period. STATCOM UPS players have taken a cue from this recent development o keep up with the mammoth energy demand to cater to the ambitions of the manufacturing hubs spread across India. Therefore, the growth in manufacturing activities of India will lead to a profitable opportunity for STATCOM UPS market in the near future.

TMR findings indicate that opportunity of the STATCOM UPS market in India will be worth US$113.9 mn by 2024 from US$27 mn in 2014, surging at a CAGR of 16.0% from 2016 to 2024. This growth will be attributable as the evolution of India evolves as an important manufacturing hub in the world. For instance, the automobile industry, a significant application segment of the overall market, will expand at a 15.9% CAGR all through 2024. The need to speed up automobile production to cater to the global demand will encourage the adoption of STATCOM UPS in Indian automobile market.

The aforementioned analysis has been substantiated with the research report published by Transparency Market Research. The document titled, “STATCOM UPS Market – India Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 – 2024,” provides a detailed outlook of the market and its impact on the Indian economy.

The STATCOM UPS market was segmented on the basis of product type (insulated gate bipolar transistor (IGBT) based STATCOM UPS and gate turn off thyristors (GTO) based STATCOM UPS), application (long distance power transmission, power distribution, oil and gas offshore platforms, steel manufacturing, mining, and the automobile industry) and geography. The STATCOM UPS market in India was analyzed across four regions: East India, West India, North India, and South India. Key players in the STATCOM UPS market include Bharat Heavy Electricals Limited (BHEL), ABB India Limited, Crompton Greaves Limited, Schneider Electric India Pvt. Ltd., General Electric India Ltd., Mitsubishi Electric India Pvt. Ltd., Signotron India Pvt. Ltd., Power One Micro Systems Pvt. Ltd., Veeral Controls Pvt. Ltd., and NR Energy Solutions India Pvt. Ltd.

STATCOM UPS Market: By Product

  • Gate Turn-Off Thyristors (GTO) STATCOM
  • Insulated Gate Bipolar Transistors (IGBT) STATCOM

STATCOM UPS Market: By Application

  • Long Distance Power Transmission
  • Power Substations
  • Oil & Gas
  • Steel Manufacturing
  • Mining
  • Automobile Industry

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Automotive electronics control unit management market to be shaped by development of autonomous cars

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The global automotive electronics control unit management market is marked by the presence of a number of players in a relatively nascent market. Players such as GM, Denso Corporation, Robert Bosch GmbH, Delphi Automotive plc, Alps Electric Co. Ltd., Hyundai Mobis Co. Ltd., Panasonic Corporation, Hitachi Automotive Systems Ltd., Lear Corporation, and Continental AG dominate the growing automotive electronics control unit management market, according to a new market study from Transparency Market Research (TMR).

The major opportunity for players in the global automotive electronics control unit management market is the increasing research in the field of autonomous cars. Several attempts at building an autonomous car feasible in the real world have successfully culminated in the last few years and the field is likely to receive steady investment in the coming years. In automated cars, the automotive electronics control unit is even more important than in regular cars, which has made the development of autonomous cars particularly lucrative for players in the global automotive electronics control unit management market.

Increasing Environmental Awareness Favorable for Global Automotive ECU Management Market

The increasing awareness about the importance of reducing vehicular emissions has also been favorable for the global automotive electronics control unit management market. Due to the precision offered by electronic systems, they are increasingly being used to monitor vehicular emissions and change the combustion pattern of the engine accordingly to keep the emission of toxic gases at a minimum. The increasingly strict implementation of regulations mandating the use of such programs is beneficial for the global automotive electronics control unit management market.

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“The rising demand for electronic gadgets in cars is the primary driver for the global automotive electronics control unit management market,” according to TMR’s lead analyst.

While radios and air conditioners were fairly common in cars a decade ago, modern cars feature advanced satellite navigation, video screens, smartphone integration, and several other such advances. Keeping all these systems running and syncing their performance with the performance of the engine is the crucial task for which automotive electronics control unit management solutions are used. The likely upward trajectory of the incorporation of electronics into automotive design is thus a major driver for the global automotive electronics control unit management market.

Power Steering the Most Popular Technology, Europe the Largest Regional Player

By technology, the global automotive electronics control unit management market is led by the power steering segment. Power steering is becoming common in cars as standard due to the increasing convenience it imparts to the driver. The ubiquity of power steering systems is expected to keep the share of the segment high in the forecast period. Other major types of technology addressed in automotive electronics control unit management are engine management, airbag restraint, climate control, body control, transmission control, and anti-lock braking.

 

Regionally, Europe leads the global automotive electronics control unit management market, with Asia Pacific set to become a major contender over the 2014-2020 forecast period. The Europe market for automotive electronics control unit management is driven by the stringent emission and driving safety laws put in place by the EU and the strong establishment of the automotive industry in Europe, particularly in Central Europe and the U.K.

According to Transparency Market Research, the global automotive electronics control unit management market was valued at US$28.6 bn in 2013. Exhibiting a 6.30% CAGR from 2014 to 2020, the market is expected to rise to a valuation of US$43.7 bn. This information comes from a market study titled ‘Automotive Electronics Control Unit Management (ECU/ECM) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020.’

The report segments the global automotive electronics control unit management (ECU/ECM) market as:

Automotive Electronics control unit management (ECU/ECM) Market: By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Automotive Electronics control unit management (ECU/ECM) Market: By Application

  • Utility Vehicle
  • Passenger Cars
  • Commercial Vehicles

Automotive Electronics control unit management (ECU/ECM) Market: By Technologies

  • Transmission control system
  • Engine management system
  • Anti-lock braking system
  • Climate control system
  • Power steering system
  • Airbag restraint system
  • Body control system

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Global big data market driven by increasing demand from government, healthcare, BFSI sectors

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The global big data market is led by computing giants such as IBM and Intel, according to Transparency Market Research. These companies have been at the top of the global computing industry for decades, which has helped them stay on top of the industry’s dynamic trends. Recognizing the vast potential of big data management systems in today’s global economy, these two players have become influential pioneers in the market for the same, with both companies developing their own versions of the popular Hadoop software in recent years. Cloudera Inc. is another major player in the global big data market and is the market leader as far as Hadoop technology is concerned.

The major driving factor for the global big data market is the increasing volume and diversity of data being generated across the world, according to TMR.

Increasing Use of Internet-based Services Propels Big Data Market

The increasing penetration of the Internet, particularly in emerging economies, and the increasing digitization of several industries have been instrumental in increasing the amount of data being generated online. This data is a precious commodity for online vendors, as it reveals crucial consumer behavior and provides insights into how a company’s product catalog can be improved to maximize demand. Regional or demographic breakdown of the available data can also tell a company which regions and which population groups to target.

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The growing use of social media has also increased the diversity of data being generated online. This not only requires a larger storage unit, but also a storage system that can identify various types of data and take the corresponding course of action. Since various types of data reveal different insights into consumer behavior, big data management has become an important functionality for any company operating online.

However, at present, a shortage of skilled technicians has held the global big data market back.

“Since big data management is a relatively new concept, the technology is yet to spread across the world, which has caused a lack of competent talent in emerging regions,” explained TMR’s lead analyst.

Increasing Demand for Smart City Infrastructure Drives Demand from Government Sector

By application, the government, healthcare, and BFSI sectors collectively accounted for more than 50% of the global big data market. The BFSI sector is a major contributor to the big data market due to the increasing preference to digitization of banking operations. Due to the rising use of website- and app-based banking portals, major BFSI players have taken great efforts to provide online services at par with conventional ones. The need to stringently maintain the security of the data generated by the BFSI sector has also been instrumental in shaping the global big data market.

The application of big data solutions in the government sector is driven primarily by the increasing demand for smart city infrastructure. Several countries around the world have launched smart city initiatives in order to boost their industrial setups, however, the overwhelming majority of the world’s major cities still lack widespread smart city infrastructure. This is expected to remain a major driver for the global big data market over the forecast period.

The global big data market is expected to exhibit a stunning CAGR of 40.5% in the 2012-2018 forecast period, according to Transparency Market Research (TMR). Should the market’s growth remain consistent, the valuation of the market is set to rise from US$6.3 bn in 2012 to US$48.3 bn in 2018.

The global big data market is segmented as follows:

Global Big Data Market, by Component

  • Software and Services
  • Hardware
  • Storage

Global Big Data Market, by Application

  • Financial Services
  • Government
  • Telecommunication
  • Healthcare
  • Retail
  • Manufacturing
  • Media and Entertainment
  • Others

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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(Third Party Logistics) 3PL market size is forecast to reach USD 1,029.47 billion till 2022: Global Market Insights, Inc

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(Third Party Logistics) 3PL market size is forecast to reach USD 1,029.47 billion till 2022, as per a new research report by Global Market Insights, Inc. Emphasis on core activities along with cost effectiveness is likely to spur global demand.

International Transportation Management (ITM) was the foremost service segment and was valued at USD 255.19 billion in 2014. It is likely to observe considerable gains, with approximation of USD 338.91 billion by 2022 at a CAGR of 3.7% from 2015 to 2022. Increased supply chain management and continued growth in global economic activity have led to substantial increase in demand. W&D was valued at USD 161.95 billion in 2014, and is likely to arrive at USD 213.82 billion by 2022, at an estimated CAGR of 3.6% through the forecast timeframe.

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3PL providers have made their presence felt on social media to enhance customer engagement. Green logistics has been adopted by prominent logistics service providers to address growing environmental concerns. Route & load optimization and efficient packaging are some of the measures undertaken as a part of the green logistics initiative. Omni-channel distribution popularity can be credited to wide deployment of online marketing.

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Key insights from the report include:

  • Global third party logistics market revenue was USD 733.69 billion in 2014, with estimation of USD 1,029.47 billion by 2022, growing at 4.4% from 2015 to 2022.
  • Global demand in DTM was USD 238.90 billion in 2014 and is predicted to hit revenue of USD 361.84 billion by 2022, growing at a CAGR of 5.4% from 2015 to 2022. Logistics software market is expected to grow at 6.5% during the next few years.
  • Asia Pacific 3PL market size leads the regional demand with revenue share of 35.2% in 2014 and is expected to grow at 5.2% through the next few years. The region is predicted to exhibit high growth rate owing to increasing adoption of distribution and warehousing facilities in nations such as China, Thailand, India, Singapore and Indonesia. North America is anticipated to reach USD 265.40 billion up to 2022.
  • Moderately fragmented 3PL market share consists of participants including C.H. Robinson, Expeditors International of Washington, Kuehne + Nagel, J.B. Hunt, Deutsche Post DHL (Exel), and UPS Supply Chain Solutions among others.
  • A majority of providers target intensely competitive industries such as automotive, retail, computers, and electronics where margins are very low. Some partner with firms providing detailed supply chain collaboration services. Leading players also collaborate with other companies including competitors for achieving logistics cost and service improvements.
  • Inventory management through virtualization and flexible distribution strategies, enable retailers  offering omni-channel functionality to quickly respond to dynamic market demand.

 

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

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Source: Global Market Insights, Inc.

Marketing resource management (MRM) – global industry analysis 2016 – 2024

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Marketing resource management (MRM) is gaining popularity in different industry verticals to foster their marketing activities and thus increasing business revenues. The growth in marketing activities is driven by the highly competitive environments that the companies today operate in, encouraging brands to promote and market their products in an efficient way to compete better.

Marketing departments often encounter challenges in managing their tangible and intangible resources on a large scale in an efficient way. MRM helps marketing organizations or marketing departments in an organization to plan marketing activities, asset management and gain visibility of their marketing performance.

The increase in the number of marketing channels, has created a need to manage complex marketing activities to promote the brand and products in an optimal way. MRM software offers real time updates about the marketing activities and also secures real time access to organizational data with digital accounts. The organizations can adopt on-premise or cloud deployment of MRM solutions depending on their needs and infrastructure. MRM is largely adopted by large scale enterprises, considering higher budgets dedicated to marketing activities as compared to small and medium enterprises (SMEs). However, in recent years SMEs have shown keen interest toward MRM solutions in order to gain maximum returns from their marketing practices.

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Marketing Resource Management (MRM) Market: Drivers

MRM market has witnessed significant growth in recent years, which is attributed to the need for analyzing market trends and accordingly plan and devise marketing strategies. The advancements in technology and up-gradation of MRM software tools have further added to the increase in adoption of MRM by different organizations. The intense competition within different industry verticals, has led to cost-cutting in marketing budgets. This has in turn forced the organizations to consider MRM solutions, to improve spending on marketing activities and improve return on investment (ROI).

Adoption of cloud-based MRM services is another major factor that is driving the MRM market, as cloud-based services have helped in further reducing the overall cost of marketing. Cloud-based third party MRM services also enable the organizations to focus on their core activities.  MRM implementation in SMEs is still not widespread due to the lack of IT support or concerns regarding high initial investment. Low cost or pay-per-use cloud-based services are expected to provide the necessary impetus to the adoption of MRM in SMEs.

Marketing Resource Management (MRM) Market: Competitive Dynamics

Vendors of MRM offer different solutions depending upon application. The applications include financial management, project management, creative production management, reporting and analysis, market asset management, and brand and advertising management.  Further, MRM finds application in different industry sectors such as banking, financial services and insurance (BFSI), retail, media and entertainment, IT and telecom, manufacturing, and healthcare.

Some of the key players in operating in MRM market include Adobe Systems, Inc., Oracle Corporation, SAS Institute, Inc., Teradata Corporation, Microsoft Corporation, IBM Corporation, Bynder, SAP SE, BrandMaker GmbH, Saepio, Workfront, Inc., and North Plains Systems Corporation.

 

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Product lifecycle management (PLM) market – US$75.8 bn by 2022; global industry analysis 2015 – 2023

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In a new report, titled “Product Lifecycle Management Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022,” Transparency Market Research indicates that the global product lifecycle management (PLM) market is projected to rise from a value of US$40.2 bn in 2014 to US$75.8 bn in 2022, expanding at an 8.10% CAGR from 2015 to 2022. The growing demand from non-conventional end-use sectors, the significant reduction in the products’ time-to-market, and the ongoing growth in industrial activities around the world are responsible for the expansion of the PLM market.

By component, the product lifecycle management market is segmented into software and services. Accounting for a massive 56% share in 2014, the services sector enjoys the lead position. This segment is bifurcated into cloud-based and on-premise services, with the former registering a 17.70% CAGR from 2015 to 2022

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On the basis of end use, the product lifecycle management market is categorized into aerospace and defense, electronics and semiconductor, consumer products and retail, IT and telecom, automotive and transportation, industrial machinery and heavy equipment, energy and utilities, medical devices and pharmaceutical, and others. The aerospace and defense segment has been leading the overall PLM solutions market, accounting for a 23% share in 2014. This segment is propelled by the lowering of the defense and space budgets across the globe and the rise in commercial aircraft outstanding. The automotive and transportation sector is fueled by the rapid expansion of the industry in recent years and the constantly evolving consumer demands. Expanding at the highest CAGR of 10.40% during the forecast period, the consumer goods and retail as well as the medical devices and pharmaceuticals segments are projected to be the most rapidly developing end-use segments of the product lifecycle management market.

The global product lifecycle management market is segmented on the basis of geography into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. In 2014, North America held a 33% share in the overall market, emerging as the leading regional segment of the product lifestyle management market. This market is driven by the reduction in the time-to-market of products and the growing adoption of PLM solutions to cut down on the cost of production. The Middle East and Africa PLM market is projected to register an impressive CAGR of 14.70% during the forecast period, fueled by the ongoing development in the industrial sector in the region.

The leading players competing in the global product lifecycle management market include SAP SE, Atos SE, Accenture PLC, Siemens AG, Aras Corporation, Hewlett-Packard Company, Dassault Systemes, Autodesk, Inc., IBM Corporation, and PTC, Inc.

Product Lifecycle Management (PLM) Market, by Component Type

Software

On-Premise

  • CAD/CAM/CAE (CAx)
  • Numerical Control (NC)
  • Simulation and Analysis (S&A)
  • Electronic Design and Automation (EDA)
  • Architecture, Engineering and Construction (AEC)
  • Collaborative Product Definition Management (CPDM)
  • Digital Manufacturing
  • Others

Cloud-based

  • CAD/CAM/CAE (CAx)
  • Numerical Control (NC)
  • Simulation and Analysis (S&A)
  • Electronic Design and Automation (EDA)
  • Architecture, Engineering and Construction (AEC)
  • Collaborative Product Definition Management (CPDM)
  • Digital Manufacturing
  • Others

Services

  • Consulting
  • Integration
  • Operation and Maintenance

Product Lifecycle Management (PLM) Market, by End-use

  • Automotive and Transportation
  • Aerospace and Defense
  • Industrial Machinery and Heavy Equipment
  • Electronics and Semiconductor
  • Energy and Utilities
  • Consumer Products and Retail
  • Medical Devices and Pharmaceutical
  • IT and Telecom
  • Others

Research Report:http://www.transparencymarketresearch.com/product-lifecycle-management-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Intelligent building management systems market driven by increase in adoption of technology to improve lifestyle

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A new market intelligence study by Transparency Market Research presents a detailed overview of the intelligent building management systems market. The report is titled “Intelligent Building Management Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023.” The report provides a comprehensive analysis of the growth drivers, factors challenging growth, trends, innovations, and projections of the market for the period from 2016 to 2023.Intelligent building management systems (IBMS) are devised to monitor, control, and optimize the services of a building. The services include: Heating, lighting, alarm systems, security, audio-visual, CCTV, ventilation, access control, time and attendance reporting, and entertainment systems. Intelligent building management systems encompass a variety of technologies and are used for the building of intelligent homes and buildings. Applications of IBMS span across the commercial, industrial, domestic, and institutional sectors.

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The technology surrounding IBMS is vast and has the potential to change the lives of people by impacting their living and working environments. The impact of intelligent building management systems is immense as they can automate, integrate, and optimize the services and equipment of the building concerned. IBMS can help conserve energy, which is fueling their demand. Greenhouse gas emission reductions depend on the energy consumed. The rising awareness and concern about energy use in facilities management, real estate management, and various other operations, are boosting the global intelligent building management systems market. In short, IBMS are beneficial for the environment and thus, enjoy government support. The adoption of IBMS is fueled by the various government initiatives across the globe.

Automation brought in by the use of intelligent building management systems helps in maintaining the sound infrastructure of buildings and reduces their operating costs. The rising adoption of technology to improve lifestyle is one of the reasons behind the high demand for intelligent building management systems. Since IBMS increase the efficiency of buildings by reducing failures and errors, they are highly in demand. IBMS also have modules that deal with fire and flood with the help of alarm systems. Since all buildings are required to comply with these safety standards, IBMS are extensively adopted, driving the market.

The global intelligent building management systems market is segmented on the basis of product, application, and geography. On the basis of product, the market is segmented into general lighting controls, standards and data distribution, security and access controls, outdoor controls, communication protocols, heating ventilation and air conditioning (HVAC) controls, and entertainment controls.

The report profiles some of the top vendors operating in the intelligent building management systems market. They are: Singapore Technologies Electronics Limited, T-Systems International GmbH, NG Bailey Group, Schneider Electric SE, Allied Digital Services limited, Delta Electronics, Inc., Pacific Control Systems, Larsen & Toubro Limited, Siemsatec Ltd., and Advanced Control Corporation.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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3D concrete printing industry – technologically advanced and innovative method for constructing predesigned building components; insights 2016 – 2024

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3D concrete printing is a technologically advanced and innovative method used for constructing predesigned building components with the help of 3D concrete printers. The technology holds the promise of substantially optimizing the construction industry in terms of construction cost, time, error reduction, flexibility in design, and environmental impact. Past experiments have successfully acknowledged the technology’s expertise on all these fronts and the technology is being steadily adopted on a larger scale around the globe. The field of 3D concrete printing is receiving increased focus from construction companies across the globe. These companies mainly focus on experimenting with different concrete mixes and printing machines to bring about further developments in this construction technique.

With construction companies making continuous efforts to bring 3D concrete printing in mainstream construction, the global 3D concrete printing market is projected to gather significant momentum in the next few years. The report provides a 360-degree overview of the market, covering crucial market-related details about the key elements and segments of the market. The report examines the impact of the major growth drivers, challenges, and trends on the market’s future growth prospects, underlining both the most lucrative and the most unprofitable investment areas.

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Global 3D Concrete Printing Market: Trends and Opportunities

The rate at which construction companies, researchers, and technologists are coming together in the development of 3D concrete printing techniques is commendable. A variety of concrete mixes, such as shotcrete, ready-mix concrete, limecrete, precast and stamped concrete, and high-density concrete, are already in the market and many more effective mixes are being introduced at a steady pace. Construction companies are increasingly utilizing the technique to formulate building elements such as panels, lintels, roofs, floors, walls, and pavement slabs.

The market is expected to receive a healthy boost from developing regions such as Asia Pacific and some parts of Latin America in the near future. The construction sector in these regions is projected to lead to an increased demand for cost-effective building elements fabricated through 3D concrete printing techniques to complement the several new infrastructure development and building construction projects.

Global 3D Concrete Printing Market: Region-wise Outlook

The report examines the global 3D concrete printing market from a geographical standpoint and segments it into North America, Asia Pacific, Europe, and the Rest of the World. The market for 3D concrete printing in Asia Pacific is currently the fastest-growing regional market, primarily owing to the rising disposable incomes and rising population in the region, which have led to a major rise in new construction projects in the past years. China exhibits attractive opportunities for the Asia Pacific 3D concrete printing market. The growth witnessed by the market in China is due to the presence of some prominent innovators in the country, government backing, rising awareness regarding the benefits of 3D printing techniques, and an expanding set of applications.

Global 3D Concrete Printing Market: Competitive Landscape

Several construction companies are actively experimenting with a variety of 3D printing techniques and more will do so over the forecast period. The Chinese company WinSun constructed 10 houses using 3D concrete printing in under 24 hours recently. The Dutch company Universe Architecture has designed the world’s largest 3D printer that uses sand as a binder for creating a stone-like material.

Over the forecast period, many more companies will utilize 3D concrete printing technologies in a variety of construction activities. The market does not have many companies at present and thus products are limited in variety as well. Hence it faces the issue of lack of standardization. However, as more companies venture in the 3D concrete printing arena, products will become more standardized, sophisticated, and even more cost competitive. Some of the major companies currently operating in the global 3D concrete printing market are WinSun Global, Universe Architecture, Skanska, DUS Architects, Sika, Carilliom Plc., Fosters + Partners, and LafargeHolcim.

Research Report:http://www.transparencymarketresearch.com/3d-concrete-printing-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

STARPOINT VRS lifting point for bolting

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Known as the STAR among eye bolts due to its distinctive advantages:

 RUD Chains Ltd is a leading manufacturer of lifting and lashing applications that guarantee ultimate safety when lifting and moving heavy loads. Offering more than 500 different tested and certified lifting/lashing points for bolting and welding RUD have a wide product range to suit a variety of project requirements.

Anyone in the industry knows how important safety is when lifting and moving heavy loads. Many manufacturing companies are unaware that the direction of the pull can have a major impact on the working load limit of the standard eyebolt, creating a safety breach. The solution to this is to use an appropriate lifting point that can adjust to the direction of the pull to allow full engagement of the bolt, resulting in a safe lift.

RUD have developed lifting points that are designed to adjust to the direction of the pull, there are known as the STARPOINT and the POWERPOINT.

The STARPOINT VRS also known as the STAR among eye bolts offers many advantages. Firstly the STARPOINT will swivel to the direction of the load lift, the working load limit is therefore always at the direction of the load. The STARPOINT removes the chance of bent eyes, backed out threads, or over-tightening which would cause unnecessary stress on the stem.

The VRS is adjustable 360° in the force direction and offers a higher WLL than the DIN 580 eye bolt.

RUD provide standard and tailored solutions to meet even the most demanding environments, helping to deliver applications that are catered to specific requirements, project aims and environments.

For more information please call 01227 276 611 Email: Katie.crane@rud.co.uk or visit www.rud.co.uk

VRS(1)

Industrial control and factory automation – opportunities and forecasts, 2016 – 2024

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The Industrial control and Factory automation is a rising trend in the manufacturing industry which provides smart manufacturing infrastructure. The industrial control and factory automation facilitates cost efficiency, quality of production; standardize manufacturing, reliability and flexibility in the process of manufacturing. Industrial control and factory automation offers perfect mix of mechanical components and devices and Information Technology.

The emerging applications such as heating ventilation air conditioning (HVAC) systems, electronic power distribution systems and human machine interface (HMI) would further spur the demand of industrial controls and automation in the coming years. Technological developments in process monitoring, industrial automation and control over the last decades have contributed immensely towards improvement of productivity of all manufacturing industries globally.

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Blend of smart mechanical technology with IT technology has given spur to the industrial controls and factory automation market. These systems are used in the industries create the standardized and reliable production environment. Advantages offered by automation in manufacturing activities includes cost-efficiency, reduced feedback, fast production, waste reduction, production monitoring and management over the conventional manual processes. Several mechanical devices are integrated with IT systems for enhanced outcomes in automation. Software systems such as Enterprise Resource planning (ERP) are assisting the market to broaden its service offerings. It is delivering improved quality, standardized and dependable products within time frame and at moderate cost to the customers.

Industrial Control and Factory Automation Market: Drivers

The focus by industry players on achieving energy efficiency in manufacturing process is driving the market. In addition, others factors such as internet of things, country and government initiatives towards improving production activities, services blending manufacturing and engineering technologies and shifting production base are driving the market. Other drivers are country wise investment and development plan for production activities and shifting in the manufacturing base. The market is expected to grow substantially in developing economies such as Asia-Pacific, which is primarily attributed to the rise in the factory automation and industry control system implementation.

Industrial Control and Factory Automation Market: Challenges

Factors such as lack of awareness, limited fund generation for re-investment owing to compact working capital cycle, narrow geographical diversity and absence of standardization are restraints for the market. Major number of industrial units function on a compact budget, in particular for small and medium enterprises (SME). This creates limited opportunities for re-investment as profits margins are low. This acts as one of the key restrains for market as not every production facilities can afford to invest in the automation and industrial control systems.

 

Another restrain for players in the market is less availability of trained professionals who can help the implementation of automation and control processes. Companies in the market are delivering training programs and certifications to the interested individuals so as to overcome this challenge. Although, emerging countries in the area of production, reduction in prices, adoption of latest technology and developing scope of used robots offer immense opportunity for industrial control and factory automation market.

Industrial Control and Factory Automation Market: Segmentation

The market is segmented by application and product. Application include power, automotive, printing and packaging, oil and gas, pharmaceuticals, textile, chemical, plastics, food processing and original equipment manufacturers (OEM). Products include industrial control systems, machine vision, sensors, relay and switches, field devices, manufacturing execution system (MES) and motion and drives. Field devices are further segmented as industrial networks, industrial robotics and control devices.

Key players in the market include Yokogawa Electric Corporation, Ametek Inc., Honeywell International, Bosch Automation, Emerson, Mitsubishi Corporation, Schneider Electric, National Instrument Corporation, General Electric Co, Siemens Ag, Rockwell Automation, Omron Corporation and ABB Ltd.

Research Report: http://www.transparencymarketresearch.com/industrial-control-factory-automation-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

Global underfloor heating market size is likely to exceed USD 8 billion by 2023: Global Market Insights Inc.

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Hydronic underfloor heating market provides comfort to the consumers as the radiant heat is uniformly distributed throughout the area. Global underfloor heating market size is likely to exceed USD 8 billion by 2023, with gains forecast at over 8% from 2016 to 2023. Increasing concerns related to energy efficiency and environment is anticipated to drive industry demand. In addition, rising awareness regarding benefits offered is also expected to fuel the demand growth over the forecast period.

Europe hydronic underfloor heating market size is anticipated to remain the leading segment up to 2023. Asia Pacific and North America are expected to observe significant gains over the forecast period. Latin America and Middle East & Africa (MEA) are also expected to witness high demand owing to growing adoption.

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Proliferating deployment of concrete floor surfaces is expected to drive the demand for this product. It occupies less space and can be installed in little or no wall space. It employs air to water heat pumps, boilers fuelled by gas and diesel or wood in order to provide warm air. In addition, the floor can also be heated by electric elements under the floor covering as well as by warm or hot water being pumped through pipes inside the floor. The aforementioned factors are expected to propel growth over the coming few years.

These systems can function at reduced temperatures as compared to other radiator systems, thus increasing the efficiency of heat pumps and boilers that are being deployed to supply heat. This is expected to drive the global hydronic underfloor heating market size over the forecast period. The industry has been gaining momentum owing to mounting adoption in developing residential and commercial sectors.

Several regulations by the regulatory authorities of developed countries for the usage of energy efficient technologies in residential, industrial, and commercial buildings are anticipated to foster the global demand. Increasing emphasis on design and aesthetics coupled with growing number of heat pump installations are expected to propel the industry growth. In addition, rising demand owing to high level of flexibility and comfort is also likely to augment demand over the forecast period. However, high initial cost of retrofitting heating systems in existing buildings along with slow response time is anticipated to hinder the demand growth over the coming few years.

Increasing environmental awareness and energy efficiency standards is expected to offer potential growth opportunities to the global hydronic underfloor heating market. Uplifting flexibility of heating system and its operational cost effectiveness is also likely to act as future growth prospects over the forecast period. Design and maintenance is likely to challenge the demand growth from 2016 to 2023.

The global hydronic underfloor heating market can be segmented on the basis of facility, application and region. By facility, heating in new buildings and heating in existing buildings are the prime segments. Industrial, commercial as well as residential sectors are the key applications for this industry.

Residential is the leading application sector owing to increasing growth of refurbishment activity in various developed nations. These systems are considered to be supreme heating devices for new buildings. In addition, it is also gaining recognition due to new product development and technology innovations in this sector. Rising development towards existing design has also motivated the users to create an uncluttered and clean look all over their residence.

Key players in the hydronic underfloor heating market share include Robert Bosch, Uponor Corporation, Emerson Electric, Honeywell International, Danfos,s and Pentair. Other participants involved are Nexans, Schneider Electric, Siemens, and Mitsubishi Electric. The providers are focusing on new product development and mergers & acquisitions in order to gain competitive edge.

Browse Hydronic Underfloor Heating Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2016 – 2023 report at:https://www.gminsights.com/industry-analysis/hydronic-underfloor-heating-market

About Global Market Insights:

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

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

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Email:  sales@gminsights.com

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Surge in rapid infrastructure development to propel Flooring Market Growth: Global Market Insights Inc.

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Flooring Market sizeis forecast to exceed USD 400 billion by 2022, at a growing CAGR of 6.8% from 2015 to 2022, according to a new study base report launched by Global Market Insights Inc. Factors like rapid development in infrastructure, changing lifestyles of consumers, and increasing demand for insulation are anticipated to propel demand growth during the projected time frame. Investment in infrastructure and capital projects is expected to witness a substantial growth in next few years. Furthermore, durable and innovative flooring is expected to fuel the market growth by 2022.

Get Detail TOC and sample pages from our latest research report PDF:  https://www.gminsights.com/request-sample/detail/122

The report features:

  • Overview of the industry, including definitions and classification
  • A comprehensive assessment of the market
  • Facts, thoughtful insights, industry validated and statistically-supported market data
  • Market segmentation on the basis of product, application, geography and competitive market share
  • Market forecasts and estimates for the predicted time frame
  • In-depth analysis with market trends, key participants, company profiles, business strategies
  • Identifies aspects such as drivers, impediments, opportunities and challenges that will impact the market

 

Browse Flooring Market Size By Application (Commercial, Residential, Industrial), By Product (Seamless Flooring, Soft Coverings, Non-resilient Flooring, Resilient Flooring) Industry Outlook Report, Regional Analysis, Downstream Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2012 – 2022 report at:https://www.gminsights.com/industry-analysis/flooring-market-size

Report highlights:

Flooring forms vital aspect of any residential and commercial structure. Demand for durable, low maintenance, affordable yet visually appealing products has led to innovation in the industry for products that will provide comfort and are value for money.

Product insights:

Soft coverings product segment is likely to hit USD 150 billion at a growing CAGR of 6% during the expected time frame owing to multiple benefits offered including noise-reducing effect, dust-binding characteristics, superior insulation, pleasing aesthetics, etc. Resilient flooring market is expected to be the fastest growing product segment from 2015-2022, at a growing CAGR of 7.5% by 2022.

 

Application insights:

Residential sector is forecast to continue its dominance in application segments over the predicted period attributed to replacement demand in this sector. Furthermore, commercial segment is expected to surpass USD 170 billion by 2022 over the expected period.

Regional insights:

The report covers analysis on a regional scale. Asia pacific market size is expected to be the top region and hit 180 billion by 2022. The Chinese commercial and residential construction sector is expected to witness the growth. North America market is expected to be worth USD 69 billion in next few years.

Competitive insights:

Mohawk Industries, Shaw Industries, Interface and Beaulieu of America are the key market participants in the industry profiled in the report. Congoleum, Armstrong World Industries, Interface Inc, Polyfor Ltd, Mannington Mills Inc, and Pergo are some other names in the industry.

 

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About Global Market Insights:

 

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

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

Toll Free: 1 888-689-0688

Email:  sales@gminsights.com

Web:https://www.gminsights.com

Blog:https://gminsights.wordpress.com/

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