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Showing posts from November, 2015

The Global Market for Supervisory Control and Data Acquisition (SCADA) is Projected to Reach US$24.7 Billion by 2020

Emergence of Automation & Optimization as Key Themes of Modern Industrialism Drives the Supervisory Control and Data Acquisition Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Supervisory Control and Data Acquisition (SCADA) market. The global market for Supervisory Control and Data Acquisition (SCADA) is projected to reach US$24.7 billion by 2020, driven by the emergence of automation and optimization as key themes of modern industrialism.
Industries over the last half a century have been implementing automation as the next logical step forward from mechanization. While mechanization empowered human labor with electromechanical power, automation is geared towards reducing human sensory and perceptive intervention for enabling completely autonomous functioning of industrial processes. Continuous advancements in software, hardwar…

The Global Market for Capsule Endoscope Systems is Projected to Reach US$485.5 Million by 2020

Growing Incidence of GI Tract Diseases to Drive Demand for Capsule Endoscope Systems, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Capsule Endoscope Systems market. The global market for Capsule Endoscope Systems is projected to reach US$485.5 million by 2020, driven by aging population, rising incidence of GI tract diseases, expansion of indications and technological advances.
Endoscopy is a non-surgical technique used in visualization of gastrointestinal tract for disease diagnosis. Although a gold standard in diagnosis of various gastrointestinal (GI) tract diseases, conventional endoscopy suffers from certain limitations such as its invasiveness, procedure-associated discomfort and inability to screen small intestine. Capsule endoscopy is an advanced visualization technique developed to address some of the shortcomings of conventiona…

The Global Market for Amusement and Theme Parks is Forecast to Reach US$44.3 Billion by 2020

Economic Recovery & Growing Middle Class Population in Developing Regions Drive the Amusement & Theme Park Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Amusement and Theme Parks market. The global market for Amusement and Theme Parks is forecast to reach US$44.3 billion by 2020, driven by the recovery in leisure spending, rise in international tourism, and growth of the middle class population in emerging countries.
The global market for Amusement and Theme parks is on a steady growth path, as theme parks are expected to remain one of the primary destinations for visitors and ride enthusiasts. New theme parks being planned across Europe, Asia, and the Middle East are likely to provide new leisure opportunities for people. Trends in consumer lifestyles, increasing household spending on outdoor activities, and technology dev…

The Global Market for Smart Airports in Terms of Annual Spending is Projected to Exceed US$15 Billion by 2020

Expanding Air Traffic Volumes & Shift Towards Digital Technologies to Drive the Smart Airports Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Smart Airports market. The global market for Smart Airports in terms of annual spending is projected to exceed US$15 billion by 2020, driven by surging passenger traffic, rising need for improved efficiency and effectiveness of airport operations, and growing investments in airport modernization.
Smart airports is emerging as the next big thing in the aviation industry primarily to assist end-to-end information exchange and communication, and collaborative decision making between all stakeholders, namely airport authorities, passengers, airports, and aviation operators. Superior functionalities of smart airports over traditional airports that are driving steady market adoption include impr…

The Global Market for Radio Frequency Identification (RFID) Technology is Projected to Reach US$15.5 Billion by 2020

Rapidly Emerging Applications Promise Huge Growth for the RFID Technology Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Radio Frequency Identification (RFID) Technology market. The global market for Radio Frequency Identification (RFID) Technology is projected to reach US$15.5 billion by 2020, driven by new application opportunities in the retail and healthcare sectors.
A class of Automatic Identification and Data Capture (AIDC) technology, Radio Frequency Identification (RFID) involves the use of radio waves for automatically identifying and capturing information about a target object or a person. Although there are several methods of identification, the most common involves the use of RFID technology, given its ability to identify and capture data of a target object in real time and deliver quick and reliable results. Identifying…

The Global Market for Grid Energy Storage Technology is Projected to Exceed 415 Thousand Megawatts in Terms of Capacity Installations by 2020

The Imminent Shift Towards Renewable Energy & the Resulting Need for Efficient Storage Drives the Grid Energy Storage Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Grid Energy Storage market. The global market for Grid Energy Storage Technology is projected to exceed 415 thousand megawatts in terms of capacity installations by 2020, driven by the growing prominence of efficient, cost-effective, and seamless electric power grid and the need for efficient energy storage from the imminent shift towards renewable energy sources.
Factors such as the need for energy independence, climate change, and rising costs of energy, which have brought renewable energy sources into the limelight, are behind the growing demand for energy storage systems. Power production from renewable energy sources such as solar and wind is increasing signific…

The Global Market for Current-Carrying Wiring Devices is Projected to Reach US$44.9 Billion by 2020

Ongoing Recovery in the Construction Sector to Spur the Current-Carrying Wiring Devices Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Current-Carrying Wiring Devices market. The global market for Current-Carrying Wiring Devices is projected to reach US$44.9 billion by 2020, driven by growing investments in residential and non-residential building construction, high tide in building renovation programs, favorable economic climate, and product innovations.
Current-carrying wiring devices, a part of electrical products and equipment industry, have long played a pivotal role in revolutionizing architectural dynamics of residential and non-residential constructions. The market for current-carrying wiring devices is highly variable and dependent on factors, such as economic conditions, growth in GDP, consumer purchasing power, and overa…

The Global Market for Snack Foods is Projected to Exceed US$630 Billion by 2020

Surging Popularity of Functional, Protein-Fortified, Organic, and Natural Snacks Drives the Global Snack Foods Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Snack Foods market. The global market for Snack Foods is projected to exceed US$630 billion by 2020, driven by robust demand for functional snacks, and rising popularity of protein-fortified, organic, and natural ingredients-based snack foods.
Snacks are emerging into modern day alternatives for elaborate full-fledged meals, and the changing paradigm of success in this market is single-serve, eat-anywhere, portable food products. With city life changing gears to speed into the fast lane, the rise of convenience foods for time constrained on-the-go citizens is spiraling in popularity, and snack foods has emerged as a major beneficiary. Undeterred by the ‘infamous snacking cultur…

The Global Market for Anesthesia Disposables is Forecast to Reach US$350 Million by 2020

Aging Population, High Incidence of Chronic Diseases & Surgical Volume Growth Drive the Anesthesia Disposables Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Anesthesia Disposables market. The global market for Anesthesia Disposables is forecast to reach US$350 million by 2020, driven by aging population, rising incidence of chronic diseases such as cardiovascular diseases and cancer, increasing number of surgeries, and growing concerns over cross-contamination.
The global general anesthesia disposables market is highly mature, with low single-digit growth forecast through 2020. The growth in the market is sustained by increasing number of surgical procedures and increasing concerns over infection control and cross contamination. Aging population worldwide and the rising incidence of chronic diseases such as cardiovascular dise…

The Global Market for PMA Parts is Projected to Reach US$581.1 Million by 2020

Rising Cost of Aircraft Maintenance Fuels Interest in FAA Approved PMA Replacement Parts, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global PMA Parts market. The global market for PMA Parts is projected to reach US$581.1 million by 2020, driven by the growing importance of fleet airworthiness, rising cost of aircraft maintenance and the ensuing search for low-cost alternatives to expensive OEM replacement parts.  
Parts Manufacturer Approval (PMA) parts have been witnessing increased acceptance in the aircraft maintenance and servicing sector. PMA parts are currently available for a broad range of aircraft components encompassing engine parts, rotating airfoils, nuts/bolts, combustors and fuel pumps and a range of interior parts. Defined as a design and production certification program which allows independent manufacturers to produce certifie…

The Global Market for Data Center Security is Projected to Reach US$10.86 Billion by 2020

Focus on Implementing Security Best Practices in Data Centers Drives the Global Data Center Security Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Data Center Security market. The global market for Data Center Security is projected to reach US$10.86 billion by 2020, driven by the growing focus on implementing security best practices in the data center against the backdrop of the emergence of new security threats presented by the convergence of next-generation IT technologies.  
The information age has heralded a new era of immense data creation, and data centers have emerged as the information powerhouse of modern day organizations. Virtually every organization across the globe, whether public or privately owned, maintain huge volumes of complex data related to their line of businesses thus requiring them to have dedicated data cen…

The Global Market for HPP (High Pressure Processing) Equipment is Projected to Reach US$632.8 Million by 2020

Strong Demand for Convenience Food & Stringent Food-Safety Regulations Drive the HPP Equipment Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global HPP (High Pressure Processing) Equipment market. The global market for HPP (High Pressure Processing) Equipment is projected to reach US$632.8 million by 2020, driven by the growing consumer demand for organic packaged food and regulatory clampdown on food safety standards.  
The world market for HPP (High Pressure Processing) equipment is witnessing growth, spurred by the ever-growing demand among health-conscious consumers for organic and natural packaged convenience food. The growing consumer emphasis on product quality and natural food flavour retention is also benefiting the use of HPP equipment in food processing. By using hydrostatic pressure instead of heat, synthetic preservatives…

The Global Market for Petroleum Refining Catalysts is Projected to Exceed US$5.7 Billion by 2020

Evergreen Demand for Motor Vehicle Fuel Drives the Global Petroleum Refining Catalysts Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Petroleum Refining Catalysts market. The global market for Petroleum Refining Catalysts is projected to exceed US$5.7 billion by 2020, driven by the ever-present need for motor vehicle fuel and the steady progress being made in fuel quality.   
The global petroleum industry refines more than 85 million barrels of crude oil every day in order to meet surging demand for petroleum products. Steady production and sales of automobiles and increasing industrial activity provide strong baseline factors that support growth in the market. The rising demand for gasoline, diesel, lubricants, and fuel oil is encouraging widespread increases in oil refining activity across the globe. In order to meet the growing d…