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Showing posts from December, 2015

The Global Market for Bakery Products is Projected to Exceed US$485 Billion by 2020

Rising Demand for Trans-Fat Free, Multi-Grain and Whole Grain Based Baked Goods Drives the Bakery Products 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 Bakery Products market. The global market for Bakery Products is projected to exceed US$485 billion by 2020 , driven by surging popularity of healthy, organic, and all natural baked goods, and rising consumption of bread worldwide. Comprising bread, breakfast cereals, biscuits, cakes and pastries, among others, bakery products represent an integral part of the lifestyle of a large number of people in various countries across the world. Growth in the market is attributed to various factors including availability of broad range of products at reasonable price points, convenience of ready-to-eat products, rapid urbanization, hectic lifestyles, vast product offerings with d

The Global Market for Foamed Polyurethane (PU Foams) is Projected to Exceed 10 Million Tons by 2020

Increasing Focus on Reducing Energy Usage in Buildings Drives the Global Foamed Plastics 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 Foamed Plastics (Polyurethane) market. The global market for Foamed Polyurethane (PU Foams) is projected to exceed 10 million tons by 2020 , driven by increasing focus on reducing energy usage in buildings and automobiles, and robust demand from the furniture and bedding sector. Polyurethane (PU) foam, one of the largest segments in cellular polymeric materials, is produced either in rigid or flexible foams. Rigid PU foam is used primarily in the form of insulation material for construction and refrigeration and freezer applications, while flexible PU foams find use for cushioning in furniture, bedding and transportation applications to offer durability, safety, support, and comfort. Add

The Global Market for Blood Gas & Electrolyte Analyzers is Projected to Reach 32 Thousand Units Worth US$568 Million by 2020

Increasing Demand in Critical Care Drives the Global Blood Gas and Electrolyte Analyzers 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 Blood Gas & Electrolyte Analyzers market. The global market for Blood Gas & Electrolyte Analyzers is projected to reach 32 thousand units worth US$568 million by 2020 , driven by technological advancements in point-of-care devices and integrated, multi-parameter measuring devices for use in ICU and ER applications. Blood Gas and Electrolyte or Blood Gas Analyzers (BGA) measure the concentration of oxygen, CO2,   electrolytes, pH of blood, and other parameters which are crucial indicators of shock, hemorrhage, drug overdose, or pulmonary disorders. Blood gas & electrolyte analyzers are thus vital for Emergency Room and ICU applications. The market is mainly characterized by a pa

The Global Market for Coordinate Measuring Machines (CMM) is Projected to Reach US$2.9 Billion by 2020

Need for High Accuracy Dimensional Measurement to Spur Coordinate Measuring Machines (CMM) 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 Coordinate Measuring Machines (CMM) market. The global market for Coordinate Measuring Machines (CMM) is projected to reach US$2.9 billion by 2020 , driven by the acute need for precision dimensional measurement and validation of geometric accuracy in manufacturing automotive, aerospace, military and other industrial equipment and components. Quality control has been attracting significant attention in the manufacturing sector given its critical importance in achieving high product quality and reducing manufacturing defects. Large volume manufacturers especially are earmarking sizable resources on establishing efficient quality control mechanisms, and embracing advanced quality control

The Global Market for Agricultural Robots is Projected to Exceed US$15 Billion by 2020

Expanding Global Population & the Resulting Need for Food Security to Drive the Agricultural Robots 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 Agricultural Robots market. The global market for Agricultural Robots is projected to exceed US$15 billion by 2020 , driven by the increasing global population and the resulting need to boost agricultural productivity through improved efficiency and effectiveness of farming operations. Agricultural robots, also known as AgriBots, AgBots, and FarmBots, enable safe, efficient, and cost-effective production of grains, fruits, nuts, horticulture, nursery crops, and vegetables through the use of advanced sensing, mobility, computing, localization, navigation and interaction technologies. Food represents the most essential requirement for mankind for its survival and sustenance.

The Global Market for Anti-Microbial Coatings is Forecast to Reach US$3.8 Billion by 2020

Focus on Improving Indoor Air Quality Drives the Global Anti-Microbial Coatings 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 Anti-Microbial Coatings market. The global market for Anti-Microbial Coatings is forecast to reach US$3.8 billion by 2020 , driven by the increasing focus on improving indoor air quality and mounting need to curb hospital acquired infections (HAIs). Anti-microbial coatings act as a protective coating over hard surfaces, preventing microbial growth. Given the high efficacy in inhibiting bacterial growth, anti-microbial coatings are used not only for remediation but also as preventive agents against microbial growth. The market is primarily driven by the growing focus on curbing infections in healthcare

The Global Market for Virtual Reality (VR) in Healthcare is Projected to Reach US$3.8 Billion by 2020

Rising Interest in Robotic Surgery & Healthcare Skills Training to Drive Demand for Virtual Reality in Healthcare, 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 Virtual Reality (VR) in Healthcare market. The global market for Virtual Reality (VR) in Healthcare is projected to reach US$3.8 billion by 2020 , driven by technology advancements in healthcare IT, expanding applications to diverse medical disciplines, and increasing demand for rehabilitation and simulation training. The virtual reality (VR) technology in the healthcare sector is gaining immense interest, with application possibilities expanding to diverse medical disciplines such as medical training, practice, psychiatry, and rehabilitation. Virtual reality in healthcare provides a revolutionary way to improve patients’ understanding of disease process, educate the

The Global Market for Automotive Radiators is Projected to Reach 180.4 Million Units by 2020

Stable Automobile Production Spurs Sales of Automotive Radiators in the OEM 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 Automotive Radiators market. The global market for Automotive Radiators is projected to reach 180.4 million units by 2020 , driven by stable automobile production trends. As a vital cooling system for internal combustion engines, radiators play an important role in healthy running of the car and engine. Over the years, automobile engine cooling systems and technologies have witnessed significant evolutionary improvements in design, architecture and performance. Auto OEMs have long focused time and resources on engine cooling and air flow management systems, largely because these systems play critical roles in influencing vehicle fuel economy performance and emissions. Radiators represent one of the

The Global Market for RFID Tags is Projected to Reach US$6.9 Billion by 2020

Robust Opportunities in the Retail & Healthcare Sectors to Spur the RFID Tags 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 RFID Tags market. The global market for RFID tags is projected to reach US$6.9 billion by 2020 , driven by robust application opportunities in the retail and healthcare sectors. Radio Frequency Identification (RFID) technology is finding increasing applications across a wide range of industries. The use of a RFID tag, defined as a small object that is capable of carrying electronic data which can be remotely read through tag readers, provides breakthrough performance improvements in asset tracking and inventory management, as compared to the traditional barcode processes. After suffering a market setback nearly a decade ago owing to the numerous drawbacks in the technology along with high costs

The Global Market for Consumer MEMS Inertial Sensors is Projected to Reach US$2.1 Billion by 2020

Increasing Demand for Combo MEMS Inertial Sensors to Drive Consumer MEMS Inertial Sensors 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 Consumer MEMS Inertial Sensors market. The global market for Consumer MEMS Inertial Sensors is projected to reach US$2.1 billion by 2020 , driven by the growing demand for combo MEMS inertial sensors and increasing applications in smartphones and tablets. MEMS inertial sensors are miniaturized electromechanical devices that are establishing a new paradigm in the design of mechanical devices and systems. Affordability, high precision and compact size of MEMS inertial sensors enable miniaturization of target devices, driving their adoption in various sectors. Discrete MEMS inertial sensors such as accelerometers and gyroscopes have been extensively used in myriad applications such as autom

The Global Market for Biopreservation Equipment and Media is Projected to Reach US$3.9 Billion by 2020

Mushrooming Biorepository Facilities for R&D & Development of Regenerative & Personalized Medicines Drive the Biopreservation 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 Biopreservation market. The global market for Biopreservation Equipment and Media is projected to reach US$3.9 billion by 2020 , driven by mushrooming biorepository facilities for R&D and development of regenerative and personalized medicines. In the light of the growing prevalence of chronic diseases, such as cancer, cardiovascular diseases, diabetes, neurovascular diseases, and acute respiratory diseases, Biopreservation is being acknowledged as strategically important activity for every nation. The growing need for more effective modalities for preventing, diagnosing, and treating such life-threatening diseases is driving the need f