Automotive Center Stack Market to Witness an Outstanding Growth by 2026

Automotive Center Stack Market: Introduction

Mechatronics is gripping the automotive sector swiftly and it has transformed the once conventional machine to an intelligent vehicle, which is useful to consumers and drivers. The use of high-end, effective electronics control modules in the automotive industry has increased its demand. Advanced electronic controls in automobiles have transformed driving experience and made the ride more comfortable and enjoyable. Moreover, electronic infotainment systems have become a basic feature among passenger cars and commercial vehicles in the automotive market today. The consumer electronics division is expected to act as one of the most prominent drivers for the overall automotive global market.

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The automotive center stack, in any vehicle, refers to the portion that has the controls and buttons and is primarily placed or mounted in the center of the automobile, near the driver’s seat. The automotive center stack consists of controls (for various activities) and instruments (for display), such as temperature display, music and audio system, air-conditioning and heating system, and others. Additionally, the automotive center stack system has been a significant tool for original equipment manufacturers over the years to enhance the aesthetic appeal of the automotive. Also, it is one of the latest forerunners to achieve product diversity in terms of automotive interiors among different manufacturers. The latest innovation by prominent producers in the automotive center stack system to make it more effective and attractive, is the introduction of complete packages for the consumer’s ease of operation. For instance, Apple’s new CARPLAY system enables its users to effectively use their vehicle controls to access their Apple smartphone functions, such as the navigation system, music, emails and contact numbers, among others.

A combination of gesture & electronic controls with respect to assembling a more-spontaneous HMI (human machine interface) for automobiles is expected to fuel the growth of the automotive center stack market worldwide.

Automotive Center Stack Market: Dynamics

The automotive center stack market has lot of scope in the research & development department and is coming up with new ideas and innovation. Some key automotive market players, such as Google and Apple are trying to develop driverless cars in which the center stack system will be controlled with voice and gesture controls in the near future, so that comfort is increased to a much higher level. Now, finding the correct directions while driving is much easier with a voice guiding through car speakers. Also, the automotive center stack market has increased due to development in the telecommunication sector, as smartphones can be directly linked with your automobile. In the current scenario, all automotive market giants are offering in-built GPS navigation systems and solutions, and music systems in all their cars as basic accessories, which are mounted on the automotive center stack. Increasing standard of living, with high comfort levels has brought the automotive center stack market in great demand, and this market is forecasted to grow even more rapidly in the future.

Automotive Center Stack Market: Regional Outlook

North America, Europe and the Middle East regions have a higher standard of living with luxurious lifestyles and high disposable incomes, this has led to the growth of automotive center stacks in automobiles. The people have developed a liking towards infotainment systems in their personal automobiles, thus the automotive center stack market is expected see rapid growth in all developed and developing countries in the future. Emerging economies in the APEJ region, especially India and China, will play an important role in the growth of the automotive center stack market in the coming future.

Automotive Center Stack Market: Market Participants

  • Delphi Automotive plc.
  • Methode Electronics
  • Visteon Corp.
  • Magna International Inc.
  • Faurecia S.A.
  • Hyundai Mobis Co Ltd.
  • Alps Electric Co. Ltd.
  • Johnson Controls Inc.
  • Valeo SA
  • Continental AG
  • Calsonic Kansei Corp.

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

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Global Data Visualization Market by Technology, Delivery Mode, Industry, Trends, Forecast (2017-2022)

Orbis Research Present’s Global Data Visualization Market By Delivery Mode (On Premise, On Demand), Industry (Information Technology, Healthcare, Professional Services, Retail, Banking Insurance, Manufacturing, Entertainment and Media), Geography, Trends,

The Gloal data visualization applications market is currently valued at USD 4.12 billion and is expected to grow at a CAGR of 9.21%, to reach USD 6.99 billion by the end of 2022. Analyzing patterns and trends from large data sets can be a herculean process. Data visualization helps in simplifying this process and allows decision-makers to derive analytical results from information presented visually.

Growing competition from enterprises operating in different industry verticals is fueling the demand for new tools and solutions for faster and more effective decision-making. Enterprises are adopting newer methods of analyzing huge chunks of data coming from different avenues to beat the competition.

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The analysis of this data requires business intelligence solutions coupled with data visualization tools.

Rapid growth in big data, advancements in visualization software, and the growing need for faster decision-making are some of the factors accelerating the growth of the market. However, complex implementation, lack of œstorytellers, and new processes might have a negative impact on the demand growth of data visualization applications market worldwide. The market for data visualization applications, by usage, has been broadly segmented into information technology, healthcare, professional services, retail, banking/insurance, manufacturing, entertainment and media, travel and transport/logistics, the federal government, local government, telecommunications, legal services, life sciences, and others.

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The data visualization applications market has also been geographically segmented into North America (the US, Canada and, Rest of North America), Europe (the UK, Germany, France, Switzerland, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific), Latin America (Brazil, Chile, Mexico, and Rest of Latin America), and Middle East & Africa (UAE, South Africa, Israel, and Rest of Middle East & Africa). Some of the major players in the data visualization applications industry mentioned in the report are: Actuate IBM Information Builders Microsoft Microstrategy Oracle Qliktech SAP SAS Institute TIBCO Key Deliverables in the Study Market analysis for data visualization applications, with region-specific assessments and competition analysis on a global and regional scale Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market share Identification and analysis of the macro and micro factors that affect the data visualization applications market on both global and regional scale

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights into the major countries/regions in which this industry is growing and also identify the regions that are still untapped

Some Points From TOC:

1. Introduction

1.1 Research Methodology

1.2 Key Findings

1.3 Executive Summary

2. Current Market Trends

2.1 Market Overview

2.2 Technology Snapshot

2.3 Industry Usage

4. Industry Segmentation by Data Visualization Usage – Forecasts and Trends

4.1 Information Technology

4.2 Healthcare

4.3 Professional Services

4.4 Retail

4.5 Banking/Insurance

5 Competitive Landscape

5.1 Comparative Study of Solutions of Key Vendors

5.2 Strategies

5.3 Innovation and Patents

Autoimmune Disease Therapeutics Market Intelligence Report Offers Growth Prospects

Autoimmune diseases is a body’s hyperactive immune response against the substances and tissues normally present in the body. Autoimmune diseases are more commonly caused by genetic, infectious or environmental factors. The prevalence of autoimmune disease is on rise. According to National Institute of Health, approximately 50 million of Americans suffer from autoimmune diseases. The diseases in estimated to be one of the top 10 cause of death in women under the age 65, and is the second highest cause of chronic illness. Also, it is the top cause of morbidity in women in the U.S. There are more than 80 clinically different type of autoimmune diseases identified till date. Some of the common types of autoimmune diseases are Crohn’s disease, rheumatoid arthritis, inflammatory bowel disease, multiple sclerosis, systemic lupus erythematosus, and with rising prevalence of autoimmune diseases the demand of drugs used in the treatment for autoimmune disease is also rising.

The global market for autoimmune disease therapeutics is expected to have a robust growth during the forecast period (2016–2026).

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Autoimmune Disease Therapeutics Market: Drivers and Restraints

Factors contributing to the growth of global autoimmune disease therapeutics market includes, growing prevalence of autoimmune diseases coupled with growing public awareness and increasing automation of laboratories leading to diagnosis of several diagnostic tests simultaneously to generate rapid and error free results. In addition, technological advancements such as the development of novel biomarkers such as Enbrel and Humira, and portable diagnostic point of care equipment are further expected to fuel the market growth in the near future. However, factors such as, inadequate funding in developing countries, high cost involved in the treatment of the disease and non-availability of the treatment in developing countries along with emergence of alternative technologies are the main restraints for the global autoimmune disease therapeutics market.

Autoimmune Disease Therapeutics Market: Segmentation

Global autoimmune disease therapeutics market is segmented by drug class, distribution channeland geography as following:

  • By Drug Class
    • Immunosuppressant’s
    • Anti-Inflammatory Drugs
    • Corticosteroids
    • Nonsteroidal anti-inflammatory drugs
    • Biologics
  • By Distribution Channel
    • Hospitals
    • Clinics
    • Drug Stores
    • Independent pharmacies

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Autoimmune disease therapeutics Market: Overview

With rising incidence of autoimmune diseases, rapid technological advancements in medical field such as novel biomarkers, rise in healthcare expenditure, development and presence of large untapped opportunities in the emerging markets such as Eastern European, APAC and MEA region are major factors, expected to boost the growth of the global autoimmune disease therapeutics market during the forecast period (2016–2026).

Autoimmune Disease Therapeutics Market: Region-wise Outlook     

The global market for autoimmune disease therapeutics is expected to register a healthy CAGR during the forecast period. Depending on geographic regions, global autoimmune disease therapeutics market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

North America accounts for the largest market shares in the autoimmune disease therapeutics market owing to growing prevalence of various forms of autoimmune disorders, and presence of government initiatives such as Affordable Care Act and Patient Protection Act.  Increasing healthcare expenditure in the region is also expected to drive the overall autoimmune disease therapeutics market in the near future. According to National Institute of Health estimates in the U.S. the annual expenditure on autoimmune disease therapeutics is estimated to be US$ 100 Bn. Europe is anticipated to be the second largest market during the forecast period owing to increasing government with the focus of improving healthcare infrastructure, growing prevalence of autoimmune diseases, increased penetration of new technologies such as portable diagnostic equipment and novel biomarkers. However, in Eastern Europe presence of large untapped opportunities will fuel the market growth of autoimmune disease therapeutics in the coming years.

Autoimmune disease therapeutics Market: Key Players

Some of the key market players in global autoimmune disease therapeutics market are Abbott Laboratories, Amgen Inc., Genentech Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., Bayer Schering Pharma AG, Johnson & Johnson Inc., Biogen Idec Inc., GlaxoSmithKline Plc, Squibb Company, Elan Corporation Plc, Eli Lilly and Company, Chugai Pharmaceutical Co. Ltd.

Expanded Polystyrene Market 2022: by top Key Manufacturers covering BASF SE, The Dow Chemical Co., SABIC, INEOS, Chi Mei Corporation


Expanded Polystyrene Market Research Report 2022 (North America, Europe, Asia-Pacific, South America, Middle East and Africa)’ is the latest market intelligence on growth drivers, industry and regional trends, competitive landscape scenario as well as upstream and downstream sectors.

This report studies Expanded Polystyrene in Global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa, focuses on the top Manufacturers in each country, covering

BASF SE

The Dow Chemical Co.

SABIC

INEOS

Chi Mei Corporation

Styron LLC

Total Petrochemicals

Nova Chemicals Corporation

Synthos

Kaneka Corporation

Alpek

SIBUR

ACH Foam Technologies

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Expanded Polystyrene Market Segment by Countries, this report splits Global into several key Countries, with sales, revenue, market share of top 5 players in these Countries, from 2012 to 2017 (forecast), like

1 United States

2 Canada

3 Mexico

4 Germany

5 France

6 UK

7 Italy

8 Russia

9 China

10 Japan

11 India

12 Korea

13 Southeast Asia

14 Australia

15 Brazil

16 Middle East

17 Africa

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into

White EPS

Grey EPS

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Table of Contents in Expanded Polystyrene Market Research Report:

2 Expanded Polystyrene Market Sales, Revenue (Value) and Market Share by Manufacturers

2.1 Global Expanded Polystyrene Sales and Market Share in 2015 and 2016 by Manufacturers

2.2 Global Expanded Polystyrene Revenue and Market Share by Manufacturers in 2015 and 2016

2.3 Global Expanded Polystyrene Average Price by Manufacturers in 2015 and 2016

2.4 Global Expanded Polystyrene Manufacturing Base Distribution, Sales Area, Product Types by Manufacturers

2.5 Expanded Polystyrene Market Competitive Situation and Trends

2.5.1 Expanded Polystyrene Market Concentration Rate

2.5.2 Expanded Polystyrene Market Share of Top 3 and Top 5 Manufacturers

2.5.3 Mergers & Acquisitions, Expansion

3 Expanded Polystyrene Market Sales, Revenue (Value) by Countries, Type and Application (2012-2017)

3.1 Global Expanded Polystyrene Sales, Revenue and Market Share by Countries (2012-2017)

3.1.1 Global Expanded Polystyrene Sales and Market Share by Countries (2012-2017)

3.1.2 Global Expanded Polystyrene Revenue and Market Share by Countries (2012-2017)

3.1.3 Global Expanded Polystyrene Price by Countries (2012-2017)

3.2 Global Expanded Polystyrene Sales, Revenue, Market Share and Price by Type (2012-2017)

3.2.1 Global Expanded Polystyrene Sales and Market Share by Type (2012-2017)

3.2.2 Global Expanded Polystyrene Revenue and Market Share by Type (2012-2017)

3.2.3 Global Expanded Polystyrene Price by Type (2012-2017)

3.3 Global Expanded Polystyrene Sales and Market Share by Application (2012-2017)

3.4 Global Market Expanded Polystyrene Sales, Revenue, Price and Gross Margin (2012-2017)

4 Expanded Polystyrene Market Manufacturers Profiles/Analysis

4.1 BASF SE

4.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

4.1.2 Expanded Polystyrene Product Types, Application and Specification

4.1.2.1 Type 1

4.1.2.2 Type 2

4.1.3 BASF SE Expanded Polystyrene Sales, Revenue, Price and Gross Margin (2012-2017)

4.1.4 Main Business/Business Overview

4.2 The Dow Chemical Co.

4.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

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Split by applications, this report focuses on sales, market share and growth rate of Expanded Polystyrene in each application, can be divided into

Building & Construction

Packaging

Others

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2017 Global Chlorhexidine Acetate Market Status, 2011-2022 Market Historical and Forecasts, Professional Market Research Report

Then the global and regional market is analyzed. In these chapters, this report analyzed major market data like capacity, production, capacity utilization rate, price, revenue, cost, gross, gross margin, supply, import, export, consumption, market share, growth rate and etc. For regional market, this report analyzed major regions like Europe, North America, South America, Asia (Excluding China), China and ROW. These analysis are conducted in Chapter 3 and 4.  

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Global Cable Cars & Ropeways Market Poised to Touch US$ 4.6 Billion by End of 2024

Demand for cable-propelled transit continues to gain traction as one of the most efficient transport systems in the world. Technology behind the functioning of cable cars and ropeways has also drawn attention of several industrial verticals. Bidding for modernized urban transport systems, government and local administrative authorities are also increasing investments on faster commute facilities such as cable cars and ropeways. Besides, the global market for cable cars and ropeways will keep witnessing surplus revenue influx from the profiting skiing & snow tourism industry. Persistence Market Research’s latest report on the global cable cars and ropeways market predicts that by the end of 2024, the market will soar at 11.9% CAGR to reach US$ 4.6 Bn value.
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According to the report, titled “Cable Cars and Ropeways Market: Global Industry Analysis and Forecast, 2016 – 2024,” the global market for cable cars and ropeways is presently valued at closed to US$ 1.9 Bn. Costly transportation in hilly areas, poor accessibility to high altitude regions, growing awareness for “green transportation” and safety concerns, are some of the macroeconomic factors compiled in the report that are acting as proponents of cable cars and ropeways.

The report reveals that throughout the eight-year forecast period, the demand for cable cars and ropeways will be considerably high in Europe. Higher number of snow tourism locations will continue to attribute to surging growth in Europe’s cable cars and ropeways market, which will account for over 60% of global revenues. Besides, cable cars and ropeways are also gaining popularity in North America, Middle East & Africa, and the Asia-Pacific region. The Asia-Pacific cable cars and ropeways market will register highest revenue growth at 20.2% CAGR, while North America and the Middle East & Africa will exhibit value CAGRs between 12 to 14%.

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Nearly 90% of the entire cable cars and ropeways market in the world is accounted by participation of three major global players – the Doppelmayr or Garaventa Group, Leitner SpA, and POMA Group. Other players partaking in the growth of global cable cars and ropeways market include regional companies such as MND Group, Conveyor & Ropeway Services Pvt. Ltd., Nippon Cable Co., Ltd., Damodar Ropeways & Infra Ltd., and Bartholet Maschinebau AG.

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Global Power Quality Equipment Market will be Sold Globally by End of 2026

The proliferation of digitization trends in the global telecommunications industry will keep fueling the sales of power quality equipment. Over the past decade, losses and transients associated with power transmission have increased. In the years to come, adopting power quality equipment to retain the efficacy of power distribution systems will be considered as a necessary measure. Furthermore, the world will eventually consume a lot more power than it does today, thereby necessitating the employment of power quality equipment. At present, Persistence Market Research has estimated the value of global power quality equipment market at US$ 44,162.3 Mn. The latest research report published by Persistence Market Research predicts that on the grounds of abovementioned drivers, the global market for power quality equipment will have reached US$ 68,757.2 Mn by the end of 2026.
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In the report, titled “Power Quality Equipment Market: Global Industry Analysis and Forecast, 2016-2026,” the global market for power quality equipment is anticipated to surpass US$ 50 Bn in revenues between 2017 and 2020. The report also projects lucrative growth across the Asia-Pacific excluding Japan (APEJ) region. The APEJ power quality equipment market will not only account for 30% share in global revenues but through 2026, the region will also register a resolute 6.3% CAGR. On the other hand, regions such as North America, Western Europe, Japan and Latin America will incur a downtick in their presence in global power quality equipment market.

Leading manufacturers of power quality equipment in the world are also profiled in the report. These include manufacturing behemoths such as ABB Ltd., Eaton Corporation PLC, Mitsubishi Electric Corporation, Schneider Electric SE, and Toshiba International Corporation. Other companies prominent for manufacturing power quality equipment include National Instruments Corporation, Celestica Inc., EMOC Limited, Delta Electronics, Inc., AMETEK Inc., Hubbell Incorporated, Fluke Corporation, Cordyne Inc., Advanced Protection Technologies, Inc., LEA International, Unipower Cyber Power Systems, Inc. and Kyoritsu Electrical Instruments Works, Ltd.

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During the forecast period, the global market for power quality equipment will be majorly dominated by sales of power conditioning products. The demand for power quality testing & measurement equipment will also gain traction but at a marginal amount of less than 4% share on global market value. In 2017, global sales of harmonic filters are projected to bring in US$ 2,341 Mn, while the report also projects surplus sales of motor generator sets. The report also identifies telecommunications as the largest end-user industry for power quality equipment. The global telecommunications industry is expected to account for more than US$ 25 Bn value of the global power quality equipment market by the end of 2026.

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About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

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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Global Smart Machines Market to Produce US $258.5 Billion by 2024

In terms of value, the global smart machines market is projected to register a healthy CAGR of 18.8% during the forecast period. This is attributed to various factors, regarding which PMR offers vital insights in detail.

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On the basis of a component, the global smart machines market has been segmented into hardware, software, and service. Demand for smart machines is enhanced by increasing need to process and analyze big unstructured data among different sectors such as manufacturing, healthcare, aerospace, and defense. On the basis of machine type, the global smart machines market has been segmented into robots, autonomous cars, drones, wearable electronics and others.

On the basis of technology, the global smart machines market has been segmented into cloud computing, big data, internet of everything (IoE), robotics, cognitive technology and effective technology. Affective technology segment is expected to expand with a substantial CAGR over the forecast period. Various enterprises working on cognitive computing are facing glitches and errors in technology. This, in turn, is encouraging adoption of affective computing. Cognitive computing technology enables emotions linking to a robot, assisting the robot in making rational decisions and performing more complex tasks.

Smart machines are deployed to enhance networked resources and implement distributed intelligence in manufacturing industries. Integration of devices provides more accessibility. Smart machines can be easily connected to a broader network of connected devices, enabling users to share data on numerous devices. This ensures users to connect/access their devices from anywhere and anytime. This is expected to fuel demand for smart machines in various industries. The market in Australia is expected to witness substantial growth in adoption rates of smart machines over the next five years. Autonomous robots are expected to find applications in agriculture and commercial sectors to overcome the lack of labor in the country. Australia-based companies have also been investing significantly in advanced technologies such as IoT.

Smart machines are programmed to make intelligent decisions in a time efficient manner. They are built to learn from their interactions and their precision increases over time. Hence, new developments in operational intelligence are encouraging companies to adopt systems that are smarter and efficient. Narrative Science Inc., a company that offers analytical solutions uses its virtual assistant Quill, which is programed using natural language processing to provide relevant solutions.

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This report covers trends driving each segment and offers analysis and insights of the potential of the smart machines market in specific regions. The markets in Europe, North America, and Asia Pacific are expected to register high growth rates between 2016 and 2024. MEA is a small but significant market for smart machines as governments in the Middle East countries are investing in this sector to digitize government services. The market in Europe is expected to gain substantial market share in terms of revenue. This is attributed to increasing demand for smart machines from the automobile and manufacturing industries in countries such as Germany and France. The APAC accounted for the highest market share in 2015 and is expected to gain 232 BPS by an end of 2024.

Key players in the global smart machines market include Apple Inc., Google Inc., Microsoft Corporation, BAE Systems, Creative Virtual Ltd., Digital Reasoning Systems, Inc., IBM Corporation, Narrative Science Inc., Rethink Robotics, ABB Limited, Rockwell Automation, Inc., and General Electric Co. others.

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Global Electronic Cylinder Lock Credentials Market to Surpass US $740.4 Million by 2024

Low frequency RFID is estimated to be the largest technology segment in terms of value contribution by 2016 end, accounting for US$ 297.6, which is up from US$ 271.3 in 2015.

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Requirement for enhanced security in the residential sector, with enhanced growth in the construction and real estate sectors, are factors expected to fuel construction activities, thereby fueling demand for electronic cylinder lock credentials. Demand is expected to pick up in the residential sector due to recent trends such as improving living standards, increasing per capita income etc.

The market in Europe is estimated to be the largest revenue contributor to the global electronic cylinder lock credentials market by 2016 end, with a revenue share of 35.9%. Owing to a large number of leading players offering home security solutions in Europe, the market in the region is becoming increasingly competitive in nature and is expected to continue growing in terms of revenue contribution. Region-wise, North America is estimated to be the second largest market in the global electronic cylinder lock credentials market, with revenue at US$ 89.8 Mn – an estimated increase of 8.4% by 2016 end over 2015.

Among all product types, RFID key (cards) segment is estimated to account for leading market revenue share by 2016 end, owing to the fact that it is cost-effective, easy to deploy, and users can use any Bluetooth-enabled hand-held gadget to access electronic door lock systems. Demand for electronic key (contact based) is estimated to witness highest growth rate by 2016 end, owing to its increasing utilization in commercial, residential, industrial, and government sectors.

Among all technology segment, low frequency RFID is estimated to lead in terms of overall revenue contribution by 2024, high frequency RFID (NFC) segment is estimated to witness highest growth rate by 2016 end. Locks being accessible using NFC technology, smartphones, tablets or Bluetooth-enabled gadgets, is a primary factor for consumers shifting to high frequency RFID (NFC) locks.

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Leading players such as AIT Ltd., CES Group, Salto Systems, S.L, etc. are focusing on reducing operational costs as well as introducing advanced products to consolidate their position in the market. Mergers & acquisitions and joint ventures remain a key strategy in the global electronic cylinder lock credentials market. For example, over the last few years, companies such as SimonsVoss Technologies GmbH, ASSA ABLOY, and Salto Systems, S.L have significantly increased their footprint in the global electronic lock credentials market by entering into strategic partnerships with regional market players.

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Global Smartphone Market Revenue to Register a CAGR of 7.9% by 2024

Persistence Market Research delivers key insights on the global smartphone market in a new report titled, “Smartphone Market: Global Industry Analysis and Forecast, 2016–2024”. The global smartphone market is projected to register a healthy CAGR of 7.9% in terms of value and 5.8% in terms of volume during the forecast period 2016-2024. The report provides insightful information on the global smartphone market pertaining to the value chain, market trends, competitive landscape, market dynamics, and market estimation and forecast for the projected eight-year period.

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Rising disposable income increases the probability of consumer spending on media, entertainment, and networking and mobile communication; leading to higher potential sales of consumer electronics such as smartphones, tablets, laptops, and gaming consoles. The instances of smartphone adoption are very high among the urban population as compared to the rural population – and hence there is high demand for smartphones in developed regions (where the urban to rural population ratio is higher than developing regions). These factors have led to a sudden growth of the global smartphone market over the last few years and this trend is likely to continue in the coming eight years.

The global smartphone market is expected to witness substantial growth over the forecast period owing to advancements in the electronic, telecommunication, and m-Commerce industry as well as the increasing penetration of the Chinese smartphone industry. Leading global smartphone manufacturers such as Apple Inc., Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., Lenovo Group Limited, and LG Electronics Inc. are making strategic investments in the development and production of their own application processor (AP) to differentiate their offerings and maintain increased market share and margins. There is also a rising trend of m-commerce particularly among the working population, and this has increased the demand for smartphones with top-notch features supporting m-commerce. Growing internet penetration, increasing marketing activities by vendors, and rising subscription in social media are some of the other key factors driving the growth of the global smartphone market. In the tug of war over customer acquisition and retention, brands are resorting to aggressive marketing and sales strategies to woo the new generation of smartphone wielding young professionals with attractive pricing, enhanced features, and multiple user options.

The global smartphone market is segmented on the basis of Operating System (Android, iOS, Windows, Blackberry Operating System, Other (Sailfish, Tizen, and Ubuntu)) and Distribution Channel (OEM, Retailer, e-Commerce). On the basis of operating system, the iOS segment is anticipated to account for US$ 584.9 Bn by 2024, registering a substantially high CAGR of 9.1% over the forecast period with a relatively high value share of 59.8%. The Android segment is expected to follow closely with a value share of 47.6% and a CAGR of 6.7%. In terms of volume, the Android operating system is estimated to account for the largest market share of 69.3% in the global smartphone market by the end of 2016 and is expected to increase to 70.0% by 2024. The Android segment is estimated to account for 50.7% value share in 2016 while the iOS segment is estimated to account for a revenue share of 46.2% in 2016. In terms of value, the Android segment is likely to register a high CAGR between 2016 and 2024 and this can be attributed to an increase in the demand and supply of reasonably priced android smartphones. The Blackberry Operating System segment is estimated to be valued at US$ 7,563.1 Mn in 2016 while the Windows Operating System segment is estimated to be valued at US$ 8,819.9 Mn in 2016.

On the basis of distribution channel, the e-Commerce segment is expected to show a significantly high growth rate of 9.3% followed by the OEM segment with a 7.9% growth rate by the end of 2024. The e-Commerce segment is estimated to be valued at US$ 175.3 Bn in 2016. The OEM segment is estimated to be valued at US$ 221.2 Bn in 2016 while the Retailer segment is estimated to be valued at US$ 218.1 Bn in 2016. As compared to the other segments, the OEM segment is expected to exhibit a relatively high attractiveness index over the forecast period. In terms of value, the global smartphone market is likely to project a healthy incremental opportunity during the forecast period.

The report covers the global smartphone market across seven key regions namely – North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). On the basis of region, APEJ is estimated to be the largest market for smartphones, accounting for 33.7% value share of the global smartphone market in 2016. The APEJ region is projected to remain dominant throughout the forecast period. There is a rapid growth of infrastructure and economic development in several countries in the APEJ region and this is expected to boost the growth of the smartphone market in this region. An increasing inflow of low priced high-end electronic components and products in APEJ is another key factor significantly impacting the smartphone market in the region. MEA is projected to be the fastest growing market over the forecast period, with a growth rate of 13.3%. The MEA region has witnessed rapid urbanization over the last few years and this has subsequently led to an increase in the number of consumers willing to purchase high-end smartphones. A rise in the disposable income and increasing demand for consumer electronics has led to a growing adoption of smartphones in the MEA region and this trend is expected to continue during the forecast period.

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The report also profiles some of the leading smartphone companies operating in the global smartphone market. Key market players featured in the report include Samsung Electronics Co. Ltd., Apple Inc., Huawei Technologies Co. Ltd., Lenovo Group Limited, LG Electronics Inc., TCL Communication Technology Holdings Limited, ZTE Corporation, and Vivo Communication Technology Co. Ltd.

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Allantoin Market to hit $670 Million by 2023: Global Market Insights, Inc.

Ocean View, Delaware, March 30, 2017 (GLOBE NEWSWIRE) —
The industry report Allantoin Market Size By Application (Cosmetics, Pharmaceuticals, Oral hygiene), Industry Analysis Report, Regional Outlook (U.S., Germany, China, Brazil), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” by Global Market Insights, Inc. says Allantoin Market size is poised to cross USD 670 million by 2023.Increasing product usage in the cosmetic sector was the prime factor propelling the overall allantoin market size over the estimated period. The product is widely as a vital ingredient in the cosmetic products such as creams & lotions, shampoos and shaving lotions owing to its moisturizing and cell proliferation characteristics. In 2015, the global cosmetic business was valued at over USD 200 billion and is estimated to observe growth more than 3% by 2023. Enhancing consumer spending and lifestyle dynamics shall boost the cosmetic sector substantially owing to boost the global allatoin market share by 2023. In addition, drifting consumer attention towards high quality personal care products such as anti-ageing lotions & creams will drive growth.Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/391In 2015, the overall pharmaceutical industry was valued more than USD 1 trillion and shall witness growth more than 4% over the estimated period. Increasing drug and medicine developments globally on account of emerging fatal diseases such as Ebola and H1N1, shall boost the overall pharmaceutical business, which is likely to complement the global allantoin market size by 2023. The product is broadly used as an elementary constituent in skin treatment creams & lotions, which are used in skin diseases including eczema, psoriasis, keratosis and xerosis. It is also preferred in the oral hygiene applications owing to its superior cell proliferation properties. The global allatoin market size is negatively influenced by ban executed on comfrey extracts, as the product is extracted from comfrey plants. The U.S., Europe and Australia has strict regulatory bans on these products, which may hamper the overall industry growth over the estimated timeframe. In 2001, the U.S. FDA for imposed strict ban on these products for internal use. Additionally, limited consumer awareness about the product in the Middle East & Africa and Latin America shall obstruct industry growth. However, booming product demand across cosmetic formulations due to its value-added properties will open up industry growth prospects. Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/391In 2015, cosmetics accounted for the major chunk of the overall allantoin market size. Positive growth pointers for the cosmetic sector globally, particularly due to increasing consumer awareness towards personal wellbeing along with rising disposable income shall drive the industry size. The overall allantoin market share for pharmaceutical shall witness maximum growth more than 6% by 2023. Increasing consumer spending towards medical care due to growing awareness shall positively impact on the business growth over the coming years. Oral hygiene will witness gains at over 6% CAGR and generate revenue at over USD 170 million by 2023. Rapidly growing oral care industry globally will consequently boost the industry size by 2023. In 2015, North America, led by the U.S, allantoin market share was valued at over USD 120 million. Prevalence of prominent pharmaceutical manufacturers in the U.S. is one among the major factor propelling regional growth. Asia Pacific, led by India and China, comprised for the largest chunk of the overall allantoin market share and is projected to observe maximum growth at over 6% over the estimated period. Improving consumer lifestyle in China and India has significantly propelled the overall cosmetics industry, which will consequently boost the business growth.Browse key industry insights spread across 66 pages with 48 market data tables & 13 figures & charts from the report Allantoin Market in detail along with the table of contents:https://www.gminsights.com/industry-analysis/allantoin-market-reportAllantoin market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2012 to 2023, for the following segments:Allantoin Market By ApplicationCosmeticsPharmaceuticalsOral hygieneOthers
The above information is provided on a regional and country basis for the following:North AmericaU.S.EuropeGermanyAsia PacificChinaLATAMBrazilMEA
Browse Related Reports:Squalene Market Size By Source (Shark Liver, Vegetable, Synthetic), By Application (Cosmetics, Supplements, Pharmaceuticals), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022      https://www.gminsights.com/industry-analysis/squalene-marketChitosan Market Size By Application (Water Treatment, Biomedicine & Pharmaceuticals, Industrial, Food & Beverage, Cosmetics, Agrochemical), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, Poland, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024      https://www.gminsights.com/industry-analysis/chitosan-market About Global Market InsightsGlobal 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:Arun Hegde
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