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Showing posts from January, 2017

The Global Installed Base of Vending Machines is Projected to Reach 29.2 Million Units by 2022

Smart, Intelligent and Connected Vending Machines and Advancements in Payment Options Drive the Global Vending Machines 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 Vending Machines market. The global installed base of Vending Machines is projected to reach 29.2 million units by 2022, driven by advancements in vending technology, favorable trends in food consumption, growth in food retailing infrastructure, transformation in vending machine payment options, and growing penetration of intelligent, smart and connected vending machines.
Vending machines, designed to dispense consumer products and other goods and services, are widely used in the automatic retailing market as well as in public buildings, hospitals, gas stations and airports. Growing from the confines of dispensing convenience foods & beverages such as cupcakes, org…

The Global Market for Electronic Toll Collection (ETC) Systems is Projected to Reach US$9.3 Billion by 2022

Need to Avoid Lengthy Waiting Lines at Toll Plazas Drives the Global Market for Electronic Toll Collection (ETC) 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 Electronic Toll Collection (ETC) Systems market. The global market for Electronic Toll Collection (ETC) Systems is projected to reach US$9.3 billion by 2022, driven by the growing need to avoid lengthy waiting lines at toll plazas on highways and urban motorways and the subsequent demand for effective tolling systems.
Electronic Toll Collection (ETC) systems are bringing in massive changes to toll collection methods, enabling significant time/cost savings and greater convenience for commuters, while simultaneously generating greater revenues for operating agencies. Given the challenges associated with the implementation and operation of traditional manual toll collection sy…

The Global Industrial Rubber Products Market is Projected to Reach US$155.5 Billion by 2022

Reviving Demand from Major End-use Markets to Encourage Growth in the Industrial Rubber 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 Industrial Rubber Products market. The global Industrial Rubber Products market is projected to reach US$155.5 billion by 2022, driven by recovering demand conditions in major end-use markets.
Industrial rubber products, obtained by processing of natural, synthetic or reclaimed rubber, find use in a wide range of industrial applications including hoses, gaskets, conveyor belts, and sealing products. Industrial rubber products are used in several applications due to advantages such as better endurance to extreme environments and enhanced durability. Industrial rubber goods also exhibit corrosion resistance against alkalis, chemicals, and acids. Demand for industrial rubber products worldwide …

The Global Market for Nano-Enabled Batteries is Projected to Reach US$8.9 Billion by 2022

Rising Demand for Eco-Friendly Battery Powered Vehicles to Drive the Global Market for Nano-Enabled Batteries, 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 Nano-Enabled Batteries market. The global market for Nano-Enabled Batteries is projected to reach US$8.9 billion by 2022, driven by the growing interest in the value of nanotechnology-based thin-film lithium-ion batteries in powering electric vehicles.
As efficient energy storage devices, batteries provide the much required portable energy for a range of electronic devices used on the go, right from mobile devices such as laptops, tablet PCs, smartphones, and cordless power tools to electric and hybrid vehicles that rely heavily on battery power. There is growing R&D interest in battery technologies and chemistries. Battery manufacturers are embracing advanced technologies such as…

The Global Market for Hand Tools & Accessories is Forecast to Reach US$22.1 Billion by 2022

Continued Relevance in an Increasingly Mechanical & Engineered World Coupled With Design Innovations in Ergonomics to Drive the Hand Tools & Accessories 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 Hand Tools and Accessories market. The global market for Hand Tools & Accessories is forecast to reach US$22.1 billion by 2022, driven by their continued relevance in building, shaping, repairing and maintaining the increasingly mechanical and engineered world; and cutting edge design innovations in tool ergonomics.
The importance of hand tools can be put into perspective by the fact that human civilization began with the discovery of stone tools. 6000 years since the beginning of human civilization, tools continue to remain important even today. All activities in all walks of life still require labor mediated by traditiona…

The Global Market for Lactose is Projected to Exceed 1.3 Million Metric Tons by 2022

Growing Prominence of Dairy Ingredients that Improve Nutrition, Taste and Texture to Drive Demand for Lactose, 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 Lactose market. The global market for Lactose is projected to exceed 1.3 million metric tons by 2022, driven by the growing popularity of dairy ingredients that improve nutrition, taste, and texture, and the myriad benefits offered by lactose as the primary milk carbohydrate with numerous nutritive qualities.
Inching their way upwards, lactose and lactose derivatives have treaded a long path and come to play a major role in food as well as non-food industries. Lactose is mainly produced from whey, a by-product of the cheese-making process. Lactose is an important additive to human milk and is a key ingredient in infant formula and infant foods offering the right balance of both carboh…

The Global Market for PAH Therapeutics is Projected to Reach US$6.1 Billion by 2022

High Unmet Treatment Needs & Discovery of New Disease Pathways for the Development of More Effective Drugs Drive the Pulmonary Arterial Hypertension Therapeutics 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 Pulmonary Arterial Hypertension (PAH) Therapeutics market. The global market for PAH Therapeutics is projected to reach US$6.1 billion by 2022, driven by improving diagnosis rates and development of novel drugs as a result of progressive and measurable improvements in understanding and management of the disease from pathology, physiology and pharmacology perspectives.  
Pulmonary Arterial Hypertension (PAH) is characterized by abnormal high blood pressure in the pulmonary arteries that puts strain on the heart and eventually results in cardiac failure. Incidence of the disease is rare, affecting about 15-50 in a million peo…

The Global Market for Hernia Repair Devices is Projected to Reach US$3.6 Billion by 2022

Rising Adoption of Tension-Free Repair Techniques to Bridge Hernia Defect to Drive the Hernia Repair 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 Hernia Repair Devices market. The global market for Hernia Repair Devices is projected to reach US$3.6 billion by 2022, driven by rising adoption and emergence of tension-free surgical repair procedures as standard of care supported by benefits such as reduced surgical time, lower risk of infections and post-surgical complications such as sepsis, fibrosis reaction and technical advantages of self gripping mesh, among others.  
Hernia is an abnormal condition where inner layers of abdominal muscle become weak and lining of abdomen bulges out into a small sac. Generally benign and painless; left untreated, hernia can rapidly progress into potentially serious condition. Hernias are …

The Global Market for Animation Software is Projected to Reach US$3.9 Billion by 2022

Growing Use of 3D Animation Software in Architectural, Engineering & Automotive Design to Drive the Global Market for Animation Software, 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 Animation Software market. The global market for Animation Software is projected to reach US$3.9 billion by 2022, driven by strong baseline growth in media and entertainment industry and expanding new applications in emerging areas such as architecture, engineering and automotive design.
Defined as a tool for creating animated images, which appear to be moving when shown as a sequence, animation software is indispensable to the art of animation. There are several tools available for animation developers to create realistic virtual images. With the aid of computer graphics, animation software also helps create visual effects, which are crucial for the pro…

The Global Market for Optical Coatings is Projected to Reach US$15.3 Billion by 2022

Growing Demand for Coating Solutions Designed to Improve Light and Energy Efficiency to Spur Growth in the Optical 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 Optical Coatings market. The global market for Optical Coatings is projected to reach US$15.3 billion by 2022 driven by factors such as rise in demand for electronic computing devices and optical lenses, increased penetration of photovoltaics, growing focus on energy efficient infrastructure and expanding applications for innovative coatings.
Optical coatings are thin layers of materials applied on substrates to improve the transmission and reflection properties within an optical system.  Optical coatings find use in applications such as photovoltaic cells, electronic screen displays, lighting devices, nano-structures, laser optics, and lithography, among others. T…

The Global Market for ADHD Therapeutics is Projected to Cross US$25 Billion by 2022

Growing Awareness Over the Importance of Mental Healthcare and Establishment of Clinical Practice Guidelines for Diagnosis and Treatment to Drive the ADHD Therapeutics 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 Attention Deficit Hyperactivity Disorder (ADHD) Therapeutics market. The global market for ADHD Therapeutics is projected to cross US$25 billion by 2022, driven by growing public awareness and gradual dissipation of social stigma associated with psychiatric disorders and the implementation of formal clinical practice guidelines for diagnosis and treatment.
Attention Deficit Hyperactivity Disorder (ADHD), also known as Attention Deficit Disorder (ADD)/ Hyper Kinetic Disorder (HKD) or Neuropsychiatric Disorder, is one of the most common diseases afflicting nearly 5.3% to 7.1% of children and adolescents as well as 3.4% of …

The Global Market for Cyber Security is Projected to Reach US$160.1 Billion by 2022

Alarming Rise in Volume & Magnitude of Premeditated Cyber Crime Drives the Global Market for Cyber Security, 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 Cyber Security market. The global market for Cyber Security is projected to reach US$160.1 billion by 2022, driven by the alarming rise in premeditated cybercrime against the backdrop of growing asset value of digital information and the ensuing focus of companies to safeguard their IT infrastructure from cyber threats.
While the modern interconnected world brings in numerous advantages and empowers enterprises, it also brings in a fair share of challenges and perils. Growing adoption of Internet by governments for defense and military management and public governance makes public safety and national security vulnerable and dependent upon the robustness of a network. Several governm…

The Global Market for Bioinformatics is Projected to Reach US$12.5 Billion by 2022

Widening Research Activity in the Omics Space Continues to Drive Demand for Bioinformatics, 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 Bioinformatics markets. The global market for Bioinformatics is projected to reach US$12.5 billion by 2022, driven by improving investments in drug discovery and research, advancements in technologies in the omics space comprising genomics, proteomics and metabolomics, growing use of high throughput screening technologies including nucleic acid sequencing and rapidly expanding application markets.
Bioinformatics is a concept involving the application of computer or information technology for acquiring, storing, organizing, analyzing, manipulating, archiving large scale data sets generated during "omics" experiments. Growing research activity in the areas of medicine, metabolomics, genomics tra…

The Global Market for Industrial Enzymes is Projected to Exceed US$7.6 Billion by 2022

Growing Need to Replace Harsh Chemical Processes with Eco-Friendly Enzymatic Processes Drives the Industrial Enzymes 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 Industrial Enzymes market. The global market for Industrial Enzymes is projected to exceed US$7.6 billion by 2022, driven by the growing prominence of sustainable production practices and stringent environmental clampdown on conventional chemicals and processes.
Industrial enzymes are used in a comprehensive spectrum of industrial processes owing to their ability to expedite chemical reactions while remaining efficient, selective and eco-friendly in most applications. In addition to their use in dynamic and emerging industries such as food processing, bio-fuels and pharmaceuticals, enzymes play a crucial role in driving product innovation in various markets including hous…