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Showing posts from October, 2017

The Global Market for Mammography Equipment is Projected to Reach US$2.2 Billion by 2024

Growing Adoption of 3D Mammography to Drive the Global Mammography 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 Mammography Equipment. The global market for Mammography Equipment is projected to reach US$2.2 billion by 2024 , driven by increasing patient awareness over the benefits of early breast cancer screening, rapid replacement of digital mammography systems and growing adoption of 3D mammography systems. Mammography remains the gold standard technique in breast cancer screening, driven by a combination of factors such as cost, required time for the procedure, expertise required to carry out the procedure and the test’s sensitivity and specificity rates. Growth in the market is supported by various factors including increasing patient awareness of benefits of early breast cancer screening, growing female...

The Global Market for Power Line Communication (PLC) Systems is Projected to Exceed US$14 Billion by 2024

The Ubiquity of Power Lines and Myriad Benefits of Power Line Communication (PLC) Technology Drive Strong Market Growth, 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 Power Line Communication (PLC) Systems market. The global market for Power Line Communication (PLC) Systems is projected to exceed US$14 billion by 2024 , driven by the robust demand from electric utilities amidst growing prominence of IoT in utilities, and rising investments in smart grid deployments. Powerline Communications (PLC) technology represents the transmission of voice, video, and data over the low voltage electrical distribution network and premises electrical wires and cables. The PLC technology offers huge potential given the ubiquity of electric power cables connecting utilities, homes, and other buildings worldwide. The technology facilitates fast...

The Global Market for Plastic Films is Projected to Reach 68.4 Million Tons Translating to US$143.8 Billion by 2024

Expanding Applications and Technological Developments Drive Growth in the Plastic Films 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 Plastic Films market. The global market for Plastic Films is projected to reach 68.4 million tons translating to US$143.8 billion by 2024 , driven by expanding applications, technological developments, and growing demand for flexible packaging in food and non-food industries . Plastic film is commonly defined as a thin continuous polymeric material used to wrap or cover items, act as barriers to separate volumes or as printable surfaces. These films find widespread applications in packaging of both food and non-food products. Several attributes such as lower density, transparency, microwave heating, sqeezability, crush tear and drop resistance, recyclability, along with ease of use are fu...

The Global Market for Digital Cinema Projectors is Projected to Inch Up to US$642 Million by 2024

Digital Transformation Maturity Dampens Growth in the Global Digital Cinema Projectors 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 Digital Cinema Projectors market. The global market for Digital Cinema Projectors is projected to inch up to US$642 million by 2024 , restrained to a large extent by digital transformation maturity and the ensuing decline in market opportunities.  Digitization of projection technology in cinemas which began at the turn of the millennium, is now reaching completion. Conventional film based or 35mm projectors are now fully replaced with digital projectors in most movie theaters worldwide. Few of the initial push factors that drove the digitization trend included low cost production and distribution of movies in digital format; convenience associated with digital movie distribution; better...

The Global Market for Digital Asset Management (DAM) Software is Forecast to Reach US$5.8 Billion by 2022

Explosive Growth in Digital Media & Shift to Consumer-Driven Digital Marketing Spur Demand for Digital Asset Management 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 Digital Asset Management (DAM) Software market. The global market for Digital Asset Management (DAM) Software is forecast to reach US$5.8 billion by 2022 , driven by the burgeoning volumes and densities of valuable digital assets, the ongoing migration from traditional marketing to real-time consumer driven digital marketing strategies, and the development of innovative DAM products and delivery models. With digital content being rapidly generated  in multifarious formats and stored across multiple devices, an average company loses about US$10,000 annually due to mismanagement of assets. Against this backdrop, DAM software is fast becoming one of ...

The Global Market for Flow Sensors is Forecast to Reach US$6.5 Billion by 2024

Development of Technically Advanced Flow Sensors and Expanding Applications Drive the Global Flow 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 Flow Sensors market. The global market for Flow Sensors is forecast to reach US$6.5 billion by 2024 , driven by the advent of modern technologies; growing popularity of miniaturized and smart flow sensors; and continued demand from traditional end-use sectors such as automotive, oil & gas, medical, and process industries. As a technology component that measures the rate of fluid and/or air flow, flow sensor is a vital element for any equipment or device used for monitoring and controlling flow of gases or liquids in a range of end-use applications. They are typically used in equipment such as flow meters that measure linear/non-linear or volumetric flow rate of liqui...

The Global Market for Hand Sanitizers is Projected to Reach US$2.0 Billion by 2024

Continuous Increase in Risks and Threats from Hand Hygiene Related Diseases and Infections Drives Demand for Hand Sanitizers, 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 Sanitizers market. The global market for Hand Sanitizers is projected to reach US$2.0 billion by 2024 , driven by consistently increasing threats and risks related to infections and hand-hygiene related disease outbreaks, rising focus on preventive healthcare, and growing consumer interest in eco-friendly green sanitizers. Spreading of germs can be drastically reduced by frequently washing hands with regular soap and clean running water. However, clean water and soap are not always available especially when out of the house and while travelling. Adoption of hand sanitizers is driven by the convenience of cleansing hands without using water, coupled with...

The Global Yacht Industry is Projected to Reach US$74.7 Billion by 2022

Growing Image of Yachting as a Leisure & Recreational Activity Spurs Demand for Yachts, 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 Yacht Industry. The global Yacht Industry is projected to reach US$74.7 billion by 2022 , driven by the rising interest in luxury cruising among high net worth and ultra-high net worth individuals, particularly in developing regions of Asia-Pacific and the Middle East. Yachts are small- to mid-sized watercraft used for leisure and recreational purposes in marine environments. Basically a European concept with established image in countries such as Italy, the Netherlands, the UK, France and Germany, yachting has become a global concept in recent decades. Significant increase in the number of high net worth (HNW) and ultra high net worth (UHNW) individuals, who represent the primary clients for...

The Global Commercial Leased Aircraft Asset Portfolio Value is Projected to Reach US$502 Billion by 2024

Growth of Low Cost Airline Carriers & Increasing Air Travel Drive the Global Commercial Aircraft Leasing Market, According to 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 Commercial Aircraft Leasing market. The global Commercial Leased Aircraft Asset Portfolio Value is projected to reach US$502 billion by 2024 , driven by increasing air travel, and the rise of Low Cost Carriers (LCCs) around the world especially in developing markets such in Asia. Purchasing an aircraft is an expensive affair and the long awaiting periods typically associated with their acquisition also makes buying aircraft an unattractive option for airline operators. Also, not all airline companies can afford to fund full expenses of aircraft purchases. Therefore, airline operators have been eagerly exploring the option of leasing aircraft instead of purchasing the sa...

The Global Market for Power Transformers is Projected to Exceed US$28 Billion by 2024

Sophisticated Technology, Innovative Materials and Superior Engineering of Modern Power Transformers Drive Market Growth, 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 Power Transformers market. The global market for Power Transformers is projected to exceed US$28 billion by 2024 , driven by rising utility spending on upgrading transmission and distribution infrastructure to the smart grid standard, and growing prominence of smart, energy efficient, and eco-friendly transformers. Transformers are designed to deliver high power to volume and power to weight ratios to lower production and installation costs as well as high voltages to enhance transmission efficiencies. The growing demand for electricity due to increasing global population coupled with rapid urbanization and industrialization in emerging countries continue to keep...

The Global Tetrahydrofuran (THF) Market is Projected to Reach 975 Thousand Metric Tons by 2024

Broad Spectrum of THF-based PTMEG Applications Continues to Drive Growth in the Global Tetrahydrofuran (THF) 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 Tetrahydrofuran (THF) market. The global Tetrahydrofuran (THF) market is projected to reach 975 thousand metric tons by 2024 , driven by growing applications of THF-based PTMEG, specifically in spandex fibers. The increasing emphasis on eco-friendly products is also fueling demand for bio-based THF. Tetrahydrofuran (THF), also known as Diethylene Oxide or Tetramethylene Oxide, is an extremely flammable, clear and colorless liquid, majority of which is used as an intermediate for the production of poly tetra methyl ether glycols (PTMEG). Growth in the THF market is primarily driven by wide ranging applications of THF-based poly tetra methyl ether glycols (PTMEG) in spa...