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Increasing Adoption Of Electric Vehicles To Drive The Electric Vehicles Battery Market Growth

According to a new market research report published by Acute Market Reports “Electric Vehicles Battery Market (Vehicle Type – Battery Electric Vehicle, Hybrid Electric Vehicle and Plug-in Hybrid Electric Vehicle; Battery Type – Lead Acid Battery, Nickel Metal Hydride Battery and Lithium ion Battery ; Sales Channel – Original Equipment Manufacturers (OEMs) and Aftermarket; Application – Passenger Car, Commercial vehicle  and Two Wheeler) Market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global electric vehicle battery market was valued at US$ 2.24 Bn in 2017 and will be growing at a CAGR of 20.2% during the forecast period from 2018 to 2026.

Market Insights

The electric vehicle battery market was valued at US$ 2.24 Bn in 2017 and expected to grow at a compounded annual growth rate (CAGR) of 20.2% during the forecast period from 2018 to 2026. Electric vehicles have witnessed a very high adoption in recent years on account of various factors such as government support through taxes and incentives coupled with regulations on emissions. This growth can be understood from the fact that in 2017, for the first time, global sales of new electric vehicles passed a million units. Moreover, if the same growth trajectory continues, the electric vehicle manufacturers could quadruple this figure and reach 4.5 million units by 2020. This would also mean electric vehicle to hold a market share of approximately 5% of the overall global light-vehicle market. This growth in the sales of electric vehicles would also mean a higher demand for related components including electric vehicle battery. The battery type used in an electric vehicle can vary depending on the type of the vehicle. Current battery technology is designed for extended life (typically about 8 years or 100,000 miles). Lithium-ion battery is currently the most commonly used battery type in electric cars. Advantages such as good high-temperature performance, high energy efficiency and high power-to-weight ratio contributes to the increasing adoption of lithium-ion battery in electric vehicles. However, record sales of electric cars have created supply risks of cobalt, an element used in the batteries. Cobalt supplies being largely concentrated in the Democratic Republic of Congo while refining capacity concentrated across China further creates hindrances for the growth of the electric vehicles market.

Browse the full report at  https://www.acutemarketreports.com/report/electric-vehicle-battery-market

Asia Pacific expected to remain an important market for investment throughout the forecast period. China in particular expected to play a crucial role in the growth of the electric vehicle battery market growth in the region. The sales for electric vehicles in China grew by 72% in 2017, thereby solidifying the country’s position in the global market. Tight regulations coupled with generous subsidies are the most prominent factors driving the demand for electric vehicles in China. India, Japan and South Asia countries expected to be other important market for electric vehicle batteries in the coming years. A rapidly growing middle class population in the region has influenced the demand for electric vehicles positively, thereby aiding the electric vehicle battery market growth.

Some of the major players operating in the electric vehicle battery market include AESC, Panasonic, Mitsubishi, BYD, LG Chem, Wanxiang, Samsung, Tianneng, Beijing Pride Power and Boston-Power, Inc. among others. As a part of their research and development activity, these manufacturers of electric vehicle battery are focusing on increasing the production scale and improving the battery sizes thereby facilitating battery performance improvements and cost reductions.

The Global Electric Vehicles Battery Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Billion
Segmentation

 Vehicle Type (2016–2026; US$ Bn)

 Battery Type (2016–2026; US$ Bn)

 Sales Channel (2016–2026; US$ Bn)

 Application (2016–2026; US$ Bn)

 Geography Segment (2016–2026; US$ Bn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the electric vehicle battery market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for electric vehicle battery?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the electric vehicle battery market in 2019 and 2020
  • Which are the key trends driving the global electric vehicle battery market growth?
  • Who are the leading service providers in the electric vehicle battery market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
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Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
Business

After Decades Of Struggle, The Sewing Machine Market Is Finally Experiencing A Boost

According to a new market research report published by Acute Market Reports Sewing Machines Market (Product Type – Industrial (Flat Bed, Post Bed, Cylinder Bed and Off the Arm) and Home/Domestic (Manual, Electric, Computerized and Over Locker); Application – Apparels, Shoes, Bags and Others; Sales Channel – Online and Offline) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global sewing machines market was valued at US$ 62.35 Bn in 2017 and will be growing at a CAGR of 4.6% during the forecast period from 2018 to 2026.

Market Insights

The sewing machines market was valued at US$ 62.35 Bn in 2017 and expected to grow at a compounded annual growth rate (CAGR) of 4.6% during the forecast period from 2018 to 2026. Increasing popularity of DIY (do-it-yourself) culture is an important factor contributing to the growth of the sewing machines market. People in order to give a personalized touch to their garments, are increasingly practicing home arts such as sewing and knitting. Moreover, sewing machines have witnessed significant advancements in recent years. These advancements are focused upon efficiency and precision. Another prominent factor aiding the sewing machines market growth can be attributed to the declining cost of electronic sewing machines. This has enabled its adoption even across households with modest income. Furthermore, in coming years, the demand for industrial sewing machines expected to be on the rise, mainly owing to fact that garment manufacturers are increasingly opting for high end sewing machines with a focus to save time, energy and reducing complexities.

In recent years, sewing machines have witnessed significant technological advancements. The outburst of Industry 4.0 has further been an important contributor towards these advancements as a result of which, apparel manufacturers are transitioning from manual sewing machines to digital sewing machines. Moreover, it has also enabled sewing machines to be bestowed with plethora of new features and functionalities. For instance, recently, Kinoshita introduced sewing machines with automatic bobbin changers. Similarly, the sewing machines market has witnessed other innovations in the form of real-time monitoring in sewing machines, modular sewing machines, convertibility in sewing machines, smart sewing machines and digital feed system in sewing machines among others.

Browse the full report at  https://www.acutemarketreports.com/report/sewing-machines-market

Asia Pacific stood as the largest market for sewing machines in 2017. The presence of a large number sewing machine manufacturers headquartered in the region is an important factor propelling market growth in the region. Moreover, the fact that a large number of apparel and non-apparel manufacturers operates out of the region has further supported the demand for sewing machines in the region.

Some of the major players operating in the sewing machines market include China Feiyue, Brother Industries, Juki Corporation, Jack Sewing Corporation, SVP Worldwide, Singer, Bernina International AG, Pegasus Sewing Machine Mfg. Co. Ltd., PFAFF Industriesysteme und Maschinen GmbH and Million Special Industries Co. Ltd. among others. Research and development is one of the most common strategies adopted by the market players and it helps the companies to stay afloat in the market by addressing the increasing competition.

The Global Sewing Machine Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Billion
Segmentation

 Product Type (2016–2026; US$ Bn)

 Application (2016–2026; US$ Bn)

 Sales Channel (2016–2026; US$ Bn)

 Geography Segment (2016–2026; US$ Bn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the sewing machines market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for sewing machines?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the sewing machines market in 2019 and 2020
  • Which are the key trends driving the global sewing machines market growth?
  • Who are the leading service providers in the sewing machines market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
Business

Online Clean Label Movement Across The World Driving Clean Label Starch Market

According to the latest report published by Acute Market Reports “Global Clean Label Starch Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global clean label starch market expected to grow at the CAGR of 5.5% from 2018 to 2026.

Market Insights

Clean labels mark includes simplified product formulations, nutritional attributes, and farming and sourcing practices information that influence the consumers purchasing decision. Changing consumer food preference, the rise in awareness about health issues associated with artificial food additives, and rising chronic disease across the world propelling the demand for healthy and natural foods containing ingredients that are natural, recognized, and trusted, in turn, driving the clean label starch market. The ‘clean label’ trend is prevailing in the food & beverages industry wherein the consumers demand transparency and simple & natural ingredients in food products therefore, the native starch is now being provided in a clean label format in various regions. Moreover, rise in clean label product launches fueled by an increase in consumer demand for clean label products also bolstering the consumption of clean label ingredients such as clean label starch. Clean label starch finds its promising application in food, beverages, and animal feed.

In response to rising consumer inclination towards clean label ingredients in foods, food ingredients manufacturers are innovating their offering and launching new clean label ingredients such as clean label starch. For instance, Cargill Inc. launched clean label potato starch for meat, meat alternatives, and culinary products in September 2018. Since clean label ingredients are free from chemical modification and sometimes fails to withstand the harsh food-processing conditions, clean label ingredients manufacturers are facing the tough time to develop a formulation that can emerge against all processing conditions without chemical modification which is also acting as a challenge for manufacturers operating in the market. Other factors such as the inability to clean label ingredients to replace genetically modified ingredients or artificial ingredients coupled with high cost of clean label ingredients leading to increased cost of end products expected to hamper the overall market growth during the forecast period from 2018 to 2026.

Based on the source type, corn starch dominated the clean label starch market in 2017. Whereas, dry form led the market in terms of value and volume consumption of clean label starch market forms. Food was identified as the largest end-use industry for clean label starch market.

Browse the full report at:  https://www.acutemarketreports.com/report/clean-label-starch-market

Based on region, Europe was the largest regional market in 2017 by value and volume. Economies such as U.K., France, and Germany driving the Europe clean label starch market owing to rising health conscious population and consumers’ willingness to pay more for products with the clean label. North America closely follows Europe region with the significant market share in 2017. Asia-Pacific was identified as the fastest growing region owing to the high demand for clean label ingredients from economies such as China and Japan. Also, the recent survey done by U.S. based global ingredient solutions company Ingredion, in Asia-Pacific region reveals that consumers are giving importance to the food products containing ingredients that are 100% natural and easy to recognize and are ready to switch to brands or products claiming ‘no artificial ingredients’ even at higher price.

Key manufacturers of clean label starch operating in the market include Ingredion Inc., Cargill Inc., DuPont, Tate & Lyle PLC, Archer Daniels Midland, Roquette Frères S.A., and BENEO GmbH among others.

The Global Clean Label Starch Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Million
Segmentation

 By Source Segment (2016–2026; Kilo Ton, US$ Mn)

 By Form (2016–2026; Kilo Ton, US$ Mn)

 By End-use Industry (2016–2026; Kilo Ton, US$ Mn)

 Geography Segment (2016–2026; Kilo Ton, US$ Mn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the clean label starch market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for clean label starch?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the clean label starch market in 2019 and 2020
  • Which are the key trends driving the global clean label starch market growth?
  • Who are the leading service providers in the clean label starch market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
All News

Hard Surface Disinfectants Market Expected To Reach US$ 1,430.9 Mn By 2026

The latest market report published by Acute Market Reports “Hard Surface Disinfectants Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global hard surface disinfectants market was valued at US$ 594.9 Mn in 2017 and expected to reach US$ 1,430.9 Bn by 2026, expanding at a CAGR of 10.1% from 2018 to 2026.

Market Insights

Environmental disinfection in healthcare and life-science settings have always occupied a prominent position. However, the development of resistant bacteria, viruses and other pathogens has triggered the need for more potent and broad spectrum hard surface disinfectants. The efficacy of disinfectants depends on several factors such as the need of environment, nature of microorganisms to be eliminated, formulation type, contact time, etc. Perpetual growth in incidence of healthcare-associated infections is the prime factor facilitating the growing demand for hard surface disinfectants, therefore driving the market growth.

Based on product types, the global hard surface disinfectants market is categorized into quaternary ammonium compounds, phenolics, bleach-sodium hypochlorite, accelerated hydrogen peroxide, botanicals, silver dihydrogen citrate, idophors and chlorine compounds. Among these, quaternary ammonium compounds are the largest revenue generating segment. These substances have wide adaptability on various surfaces, have broad-spectrum of action, and are biodegradable in nature. These factors support the large consumption of quaternary ammonium compounds. Bleach-sodium hypochlorite segment will exhibit the fastest growth rate during the forecast period. Based on formulations, liquid hard surface disinfectants is the largest segment. Flexibility and ease of use, and competitive prices are the key factors supporting the dominance of this segment. Among the application areas, hospitals hold the dominant position in the global market. Higher numbers of hospitals as against other clinical settings, and greater incidence of disinfection programs for prevention of infections are the key driving factors to hospitals segment.

Browse the full report Hard Surface Disinfectants Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 at  https://www.acutemarketreports.com/report/hard-surface-disinfectants-market

Geographically, North America is the largest regional market for hard surface disinfectants. High patient footfall, better awareness and stringent regulatory and validation policies contribute to the dominance position of North America market on the global front. Additionally, Asia Pacific will witness the fastest market growth during the forecast period from 2018 to 2026. Rapid expansion of healthcare infrastructure is the prime factor driving the growth of Asia Pacific market. The demand for liquid disinfectants is the highest in the region, due to its fair affordability and ease of use.

Key Market Movements:

• Consistent growth in incidence of healthcare-associated infections
• Favorable government policies and validation programs for approval of disinfectants
• Growing need for broad-spectrum disinfectant agents with proven safety profile for users and less action time
• Lack of adherence to recommended methods by cleaning staff
• Growing awareness in Asia Pacific, rapidly proliferation of healthcare infrastructure along with growing medical tourism in the region contributing to growing demand for disinfectants
• Rapid growth of generic drug manufacturing and life-science outsourcing in emerging markets of Latin America and Asia Pacific
• Burgeoning demand for sprays and wipes for small surfaces and workstations

The Global Hard Surface Disinfectants Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Million
Segmentation

 By Type (2016–2026; US$ Mn)

 By Modality (2016–2026; US$ Mn)

 By Application (2016–2026; US$ Mn)

 Geography Segment (2016–2026; US$ Mn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the hard surface disinfectants market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for hard surface disinfectants?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the hard surface disinfectants market in 2019 and 2020
  • Which are the key trends driving the global hard surface disinfectants market growth?
  • Who are the leading service providers in the hard surface disinfectants market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
World

Global Travel Vaccines Market Is Expected To Reach US$ 6,886.7 Mn By 2026

The latest market report published by Acute Market Reports “Global Travel Vaccines Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global travel vaccines market was valued at US$ 3,592.1 Mn in 2017, and is expected to reach US$ 6,886.7 Mn by 2026, expanding at a CAGR of 7.5% from 2018 to 2026.

The medical branch engaged in the prevention and management of health problems in international travelers is called as Emporiatrics. Nowadays it has become compulsory for outbound visitors to get vaccination before boarding for travel or at the port of entry of their travel destination. Travel vaccines is usually taken 4 to 6 weeks before travel in order to build immunity against viral and microbial invasion. In comparison to pharmaceutical market the travel vaccines market is very small and concentrated on both the demand and supply chain. It is a very highly regulated market with its growth highly reliable on personal purchase and donations. The limitations associated with travel vaccines market are high cost and stringent regulatory norms sanctioned by regional healthcare authorities.

In the current scenario routine vaccination holds the largest market share by type in the travel vaccines market. The major parameters responsible for the dominance of routine vaccination are the rising prevalence of infectious diseases such as tuberculosis, influenza and MMR (measles, mumps and rubella). On physicians prescription outbound travelers take recommended vaccination to mitigate infections such as Japanese encephalitis, cholera and diarrhea. It is studied that sudden change in temperature, altitude, humidity, and poor hygiene make visitors ill hence, recommended vaccination has gained prominence as a preventive measure. Required vaccination will exhibit excellent growth owing to key factors such as sudden outbreak of fatal diseases such as ebola, zika, yellow fever and middle east respiratory syndrome.

Browse the full report Travel Vaccines Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 at  https://www.acutemarketreports.com/report/travel-vaccines-market

Market Insights

As per the facts provided by U.S. International Air Passenger Statistics Report in 2017, approximately 38.33 million citizens travelled abroad for recreational, business and religious purposes. Center for Disease Control and Prevention (CDC) has stipulated stringent healthcare policies making vaccination compulsory for outbound travelers to mitigate viral and bacterial infection. Favorable reimbursement scenario and domicile of key players have a positive spiraling effect on the travel vaccines market growth in North America. European Medical Agency has sanctioned stringent norms for the effective screening and recommended vaccination of travelers visiting Europe. Asia Pacific will highlight excellent growth throughout the forecast period owing to key factors such as rising prevalence of infectious disease and poor hygiene in developing countries such as India, China, Pakistan and Bangladesh. Middle East healthcare regulatory bodies perform compulsory vaccination of the haj piligrims at the port of entry to prevent the spread the infection of middle east respiratory syndrome.

Major players providing travel vaccines are Baxter AG, Bharat Biotech, GlaxoSmithkline, Plc., Inovio Pharmaceuticals, Inc., Merck & Co., Inc., Novartis AG, PaxVax Corporation, Sanofi Pasteur SA, Valneva SE and VBI Vaccines, Inc.

Key Market Movements:

• Rising prevalence of infectious diseases and increasing number of travelers throughout the globe
• Proactive government policies in promoting vaccination in all age group to curb the spread of infectious disease
• Favorable reimbursement scenario and rise in per capita income to drive the travel vaccines market growth

The Global Travel Vaccines Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Million
Segmentation

 By Type (2016–2026; US$ Mn)

 Geography Segment (2016–2026; US$ Mn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the travel vaccines market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for travel vaccines?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the travel vaccines market in 2019 and 2020
  • Which are the key trends driving the global travel vaccines market growth?
  • Who are the leading service providers in the travel vaccines market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
Business

Lumber Equipment Market To Expand With Steady CAGR Of 3.72% Across The Forecast Period From 2018 To 2026

According to a new market research report published by Acute Market Reports “Lumber Equipment Market (Equipment Type – Harvesters, CNC Routers, Chain & Chisel Mortising Machines, Grinding Machines, Sawmills, Shredders, Sander Machines and Others; Operating Principle – Electric and Mechanical; End-user – Pulp & Paper Industry, Construction Industry, Lumber Factories & Sawmills and Others) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global lumber equipment market was valued at US$ 44.8 Bn in 2017 and is set to demonstrate promising CAGR of 3.72% across the forecast period through 2018 to 2026.

Market Insights

The global lumber equipment industry is a vibrant in nature due to globalization, production assortment and the development of technologies. From substantial machinery to handheld tools, lumber equipment are used to manufacture everyday products with increasing levels of precision, quality and scale. Equipment used for lumber processing applications are ubiquitous. Alongside big scale organizations, these equipment are also essential to support millions of private ventures and self-employed home contractors. Lumber equipment find vital application in pulp & paper, construction, manufacturing and other industries. Major factor supporting market growth is steady growth of furniture industry. Furniture industry market growth attributed by steadily diminishing commodity prices. In hardwoods, the International Monetary Fund reports that log prices declined from $282 (per cubic meter) in 2014 to $246 in 2015. Similarly, average prices of framing softwood lumber dropped from a high of $401 (per thousand board feet) in August 2014, to $316 by December 2015. With constant decreasing prices, demand for furniture work expected to witness promising growth in following years subsequently driving the demand for lumber equipment.

Browse the full report at  https://www.acutemarketreports.com/report/lumber-equipment-market

Overall lumber equipment market segmented based on product type, operating principle and end-user. By product type, market directed by sawmills segment primarily due to accuracy offered by the equipment in multiple shape cutting process. Modern sawmills equipped with process control and   optimization tools have increased the productivity of lumber processing by multiple times. Further multi tool handling technology along with growing penetration of automation in overall process expected to cement the dominant position of sawmill segment across the forecast period. Based on the geography, North America dominated the lumber equipment market globally in 2017. The market in the region firmly supported by the China, Japan, Korea, Taiwan and India. In 2015, China exported lumber equipment worth of US$ 9.73 Bn and also represented as world largest exporter of lumber equipment in same year.

Further, along with growth of high-yielding population in the city, the increasing demand for luxurious hotels and the upgrading concept of consumption, the demand for high-grade & personalized furniture gradually improved. On the other hand, development of urbanization lead to the rural population into the city, bringing a new round of low-end furniture industry demand. Commercial property sales are the main factor stimulating the consumption of furniture, as past two years of real estate resulted in the rapid growth of furniture consumption. Subsequently, lumber equipment market expected to register promising growth rate across the forecast period.

The Global Lumber Equipment Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Billion
Segmentation

 Equipment type Segment (2016–2026; US$ Bn)

 Operating Principle (2016–2026; US$ Bn)

 End-user Segment (2016–2026; US$ Bn)

 Geography Segment (2016–2026; US$ Bn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the lumber equipment market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for lumber equipment?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the lumber equipment market in 2019 and 2020
  • Which are the key trends driving the global lumber equipment market growth?
  • Who are the leading service providers in the lumber equipment market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
All News

Global Lighting Control Systems Market To Grow At 14.2% CAGR Between 2018 And 2026

According to a new market report published by Acute Market Reports, “Global Lighting Control Systems Market (By Component (Hardware and Software), By Connectivity Type (Wired and Wireless), By End-user (Residential, Commercial, Industrial, Public & Government Buildings, Highways & Roadways, Transportation & Automotive, and Architectural Lightings)) – Growth, Future Prospects and Competitive Landscape, 2018 – 2026”, the global lighting control systems market is expected to witness a growth of 14.2% CAGR during the forecast period from 2018 to 2026.

Product Insights

The global lighting control systems market was valued at US$ 14.5 Bn in 2017 and expected to demonstrate a significant growth, expanding at a CAGR of 14.2% during the forecast period from 2018 to 2026. Lighting control systems are used for detecting presence, level of daylight and helps adjusting the light output to a desired level. Rising awareness about energy conservation is one of the major factors driving the growth prospects for lighting control systems market. Growing demand for more connectivity and less energy consumption is shaping the field of lighting control system. Thus, indoor and outdoor lighting control systems for residential, commercial, industrial, government, etc. must be equally intelligent and energy efficient. They are used to provide the required amount of light and maximize energy savings.

Lighting control system aim to minimize maintenance and simplify building operations. The global lighting control system market, based on component was led by the hardware segment in 2017. Hardware components in the lighting control systems market include dimmers, sensors, and timers. Integration of these into a lighting control system allows greater energy management, which gives them the ability of controlling individual lights or groups of lights from a single device. Based on connectivity type, wired segment garnered largest market share in 2017 as it is more useful in new installations than retrofitting the existing lighting settings. On the other hand, wireless connectivity segment is projected to offer superior growth prospects and expected to emerge as the fastest growing segment during the forecast period from 2018 to 2026. The emergence of wireless connectivity as the fastest growing segment is primarily due to its benefits including flexibility, scalability and energy cost savings. Wireless technology allows to install a fully featured lighting control system with ease and minimal disruption.

Further, based on end-user, commercial sector led the market in 2017. Lighting control system have proven to reduce lighting energy consumption in commercial spaces by up to 70% as it helps in reducing costs and conserve energy by dimming or turning off lights when they are not in use. Based on geography, Asia Pacific led the lighting control systems market in 2017 and likely to continue its supremacy throughout the forecast period from 2018 to 2026 on the account of increasing government spending on the development of smart cities and growing inclination towards building smart infrastructures.

Competitive Insights:

Major players in the lighting control system market include Acuity Brands Lighting Inc., Cree, Inc., Eaton Corporation Plc, GE Lighting, LLC, Honeywell International Inc., Hubbell Incorporated, Legrand Electric Ltd, Leviton Manufacturing Co., Inc., Lutron Electronics, Inc., OSRAM Licht AG, Philips Lighting Holding B.V., and Schneider Electric SE among others.

Browse the full report at  https://www.acutemarketreports.com/report/lighting-control-systems-market

The key players are focusing on expanding their geographical reach and are strengthening their product portfolio to reach potential customers in the emerging markets. Players are giving emphasis on research and development of lighting control systems in order to gain competitive advantage over other players in the market.

For instance, in May 2018, Lutron Electronics, Inc. one of the leading company in lighting control system and automated shading solutions launched an end-to-end LED driver and control solution. The Company has launched T-Series 2 channel driver and T-Series ESN controller, which together is capable of delivering intensity and color temperature control solution in tunable white applications.

The Global Lighting Control Systems Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Billion
Segmentation

 Component Segment (2016-2026; US$ Bn)

 Connectivity Type Segment (2016-2026; US$ Bn)

 End-user Segment (2016 – 2026; US$ Bn)

 Geography Segment (2016–2026; US$ Bn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the lighting control systems market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for lighting control systems?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the lighting control systems market in 2019 and 2020
  • Which are the key trends driving the global lighting control systems market growth?
  • Who are the leading service providers in the lighting control systems market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
Business

Global Electrophoresis Equipment And Supplies Market Expected To Reach US$ 2,554.4 Mn By 2026

The latest market report published by Acute Market Reports “Electrophoresis Equipment and Supplies Market Growth, Future Prospects, and Competitive Analysis, 2018–2026” the electrophoresis equipment and supplies market was valued at US$ 1,729.2 Mn in 2017 and projected to reach US$ 2,554.4 Mn by 2026 at a CAGR of 4.4% over the forecast period from 2018 to 2026.

Market Insights

The electrophoresis equipment and supplies market is likely to exhibit a noticeable CAGR during the forecast period from 2018 to 2026. Electrophoresis is a technique mostly used in the lab to separate charged particles or molecules such as deoxyribonucleic acid (DNA), based on the size. Electrophoresis detects and quantifies minute traces of a broad-range of biomolecules in a mixture including nucleic acids, proteins, carbohydrates, and amino acids. The technique separates DNA fragments and other macromolecules especially proteins & nucleic acids such as ribonucleic acid (RNA), and widely used by life science laboratories for protein analysis & separation. Variables of the market are globally rising prevalence of cancer, genetic disorders, and infectious diseases, increasing research activities coupled with funding in the proteomics and genomics fields, surging number of industry-academic research institutes partnerships, and growing focus on next-generation sequencing (NGS) research activities. A paradigm shift from genomics to proteomics is more beneficial as the proteins are the functional molecules in cells and represent actual conditions, thereby finding rising applications in cancer research. Novel technologies enable the comprehensive analysis of genomes, proteomes, and transcriptomes in health & disease are assisting the cancer research activities.

Major players in this space are Bio-Rad Laboratories, Inc.; Thermo Fisher Scientific Inc.; GE Healthcare; Agilent Technologies, Inc.; Beckman Coulter, Inc. (A Subsidiary of Danaher Corporation); PerkinElmer Inc.; Shimadzu Corporation; Merck KGaA; QIAGEN; and Helena Laboratories. Improved technology, advanced solutions, wide-ranging product portfolio, and well-organized post-sales services are the factors supporting the dominance of these market players. A gradual rise in the number of new market entrants are making the environment highly competitive and the competitive rivalry at a higher level. Two-dimensional gel electrophoresis (2DE) is widely used in biomarker discovery for proteome fractionation and separation in biological samples, thus nurturing the market growth.

Browse the full report Electrophoresis Equipment and Supplies Market Growth, Future Prospects, and Competitive Analysis, 2018–2026 at  https://www.acutemarketreports.com/report/electrophoresis-equipment-and-supplies-market

Key Market Movements:

• Globally, the electrophoresis equipment and supplies market will witness a considerable growth at a CAGR of 4.4% over the forecast period from 2018 to 2026.
• Capillary electrophoresis technique is on the rise due to the growth in hyphenated technology, which in turn increasing the adoption of capillary electrophoresis–mass spectrometry (CE-MS). Researchers often use this technique owing to its higher efficiency & resolution, minimum sample & solvent requirements, and on-line detection principle.
• The research & diagnostics segment held the lion’s share of the market in 2017 due to growing applications of electrophoresis in drug discovery, mounting technological advancements such as automated electrophoresis systems and microchip-based CE diagnostics.
• North America would lead the market throughout the forecast period. This is owing to the presence of key market participants & developed healthcare infrastructure, increasing focus of stakeholders on research projects involving proteins, genes, and biomolecules (nucleic acids, carbohydrates, and amino acids), and rising research activities pertaining to genomics and proteomics in the U.S. and Canada.
• Asia Pacific is likely to witness comparatively higher market growth rate from 2018 to 2026 due to the presence of robust healthcare research infrastructure & raw materials and reagents manufacturers. Additionally, patent expiries of several drugs are triggering pharmaceutical manufacturers to discover & develop novel or innovative drugs are expected to support the market growth.

The Global Electrophoresis Equipment And Supplies Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Million
Segmentation

 Product Segment (2016–2026; US$ Mn)

 Application Segment (2016–2026; US$ Mn)

 Geography Segment (2016–2026; US$ Mn)

*Complete segmentation list is on report page

 

Key questions answered in this report

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
All News

Increasing Popularity Of Home Automation To Drive The Smart Speakers Market Growth

According to a new market research report published by Acute Market Reports Smart Speakers Market (Virtual Assistant Type – Alexa, Google Assistant, Siri, Cortana, Others; Component – Hardware and Software; Application – Residential and Office; Sales Channel – Online and Offline) Market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global smart speakers market was valued at US$ 4.30 Bn in 2017 and will be growing at a CAGR of 26.4% during the forecast period from 2018 to 2026.

Market Insights

The smart speakers market was valued at US$ 4.30 Bn in 2017 and expected to grow at a compounded annual growth rate (CAGR) of 26.4% during the forecast period from 2018 to 2026. The growth of the home automation industry in recent years has been significant and this growth bodes well with the smart speakers market growth. Governed primarily by the residential segment, the market is highly driven by the overall rising smart homes industry worldwide. Moreover, the fact that consumers are increasingly shifting towards connected devices is another prominent factor complimenting the smart speakers market growth. Rising net disposable income among people is another major factor aiding the market growth. Smart speakers offer various benefits such as controlling smart homes, online shopping, play music and scheduling calendar invites among others. People are increasingly shifting towards connected devices, a factor further aiding the smart speakers market growth. Smart speakers are available through both online and offline platforms. The growth of e-commerce has further supported the growth of smart speakers market and people are increasingly preferring online medium as it facilities ease of shopping and at the same time a plethora of products to choose from.

Browse the full report at  https://www.acutemarketreports.com/report/smart-speakers-market

North America was the largest market for smart speakers in 2017 and occupied a share of more than 60% in the same year. The fact that North America has also remained in the forefront in terms of adoption of new technologies has helped the smart speakers market to flourish in the region. The popularity of smart speakers in the region can be understood from the fact that in the U.S., 4 out of 10 smart speaker owners have more than one device. This implies that the consumers found enough value in the first device thereby purchasing the second one. Moreover, the leading brands such as Alexa (Amazon), Siri (Apple) and Cortana (Microsoft) are headquartered in the region. In addition, strong home automation industry in North America further offers enormous growth opportunities for the smart speakers market.

Some of the major players operating in the smart speakers market include Amazon, Apple, Harman International, Google, Samsung, Baidu, Sonos, Bose, Onkyo, Panasonic, Alibaba, Altec, Lenovo and Xiaomi among others. In order to address the increasing completion, the players operating in the smart speakers market are investing heavily on research and development activities. For instance, Motorola is planning to launch its own smart speaker thereby further intensifying the competition mainly dominated by Apple, Microsoft, Google and Amazon.

The Global Smart Speakers Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Billion
Segmentation

 Virtual Assistant Type (2016–2026; US$ Bn)

 Component (2016–2026; US$ Bn)

 Application (2016–2026; US$ Bn)

 Sales Channel (2016–2026; US$ Bn)

 Geography Segment (2016–2026; US$ Bn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the smart speakers market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for smart speakers?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the smart speakers market in 2019 and 2020
  • Which are the key trends driving the global smart speakers market growth?
  • Who are the leading service providers in the smart speakers market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com

Categories
All News

RFID Electronic Locks Market To Expand With Double Digit CAGR Across The Forecast Period From 2018 To 2026

According to a new market research report published by Acute Market Reports “RFID Electronic Locks Market (Access Device Type – Cards, Mobile Phones, Wearable and Key Fobs; End-user – Government & Defense, Corporates, Banking & Finance, Healthcare, Residential, Retail, Hospitality, Automotive and Others) Market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global RFID electronic locks market was valued at US$ 3.25 Bn in 2017 and is set to demonstrate double digit CAGR across the forecast period through 2018 to 2026.

Market Insights

Radio Frequency Identification (RFID) technology has emerged among the most promising technologies in personal identification and asset tracking. Developers actualized the innovation not only key in traditional applications such as asset or inventory tracking, but also in security services as door locking, furniture locking and other access controlling applications. Growing security concerns, aging infrastructure and inclination towards diminishing operating costs stimulating the adoption of RFID electronic locks across different end-users. Another major factor supporting market growth is consistent decrease in RFID electronic locks prices. Such locks are offered at charges as low as US$ 20, making them affordable for numerous applications. Moreover, superior advantages of RFID systems over other conventional locking systems would ensure robust demand for RFID electronic locks over the following years.

Browse the full report at  https://www.acutemarketreports.com/report/rfid-electronic-locks-market

Overall RFID electronic locks market segmented based on access device and end-user. By access device, market directed by the cards segment primarily due to its multiuse functionality. Contrast to older systems used a card as just standard key, advanced RFID electronic lock cards can be used as multifunctional tool. Such cards utilized as ID card, room key and also utilized for managing in-room vitality utilization and transaction of money. With widespread application area, segment expected to retain its dominating position throughout the forecast period. Based on the geography, Asia Pacific dominated the RFID electronic locks market globally in 2017. The market in the region firmly supported by the swiftly rising retail sector complemented by the presence of strong industrial, commercial, hospitality as well as transportation & logistics industry.

Another major factor stimulating the RFID electronic locks market is consistently rising retail sector globally. Worldwide number of shopping centers or malls continues to increase with promising rate. Retail environments are full of valuable assets, both on the shop floor and in the stock room. RFID electronic locks are all designed to permit access only to person or goods with the necessary authority to enter a particular area, ensuring that asset and people are protected. Considering the vital application of RFID electronic locks in overall safety & security, rising retail sector would ensure strong market growth across the forecast period. Moreover, flourishing commercial, industrial as well as government sector further generate need for effective security measures to evade information breach, maintain safe environment and avoid property invasions. Subsequently, RFID electronic locks market expected to register immense growth rate across the forecast period.

The Global RFID Electronic Locks Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Billion
Segmentation

 Access Device type Segment (2016–2026; US$ Bn)

 End-user Segment (2016–2026; US$ Bn)

 Geography Segment (2016–2026; US$ Bn)

*Complete segmentation list is on report page

 

Key questions answered in this report

  • What are the current market trends and dynamics in the rfid electronic locks market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for rfid electronic locks?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the rfid electronic locks market in 2019 and 2020
  • Which are the key trends driving the global rfid electronic locks market growth?
  • Who are the leading service providers in the rfid electronic locks market worldwide?

About Acute Market Reports

Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Contact Info.:-

Address: 90 Church St, FL 1 #3514,
New York, NY 10008
United States
Email: [email protected]
Toll Free(US/CANADA): +1-855-455-8662
Website: https://www.acutemarketreports.com