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Showing posts from February, 2018

The Global Market for Industrial X-Ray Inspection Systems is Projected to Exceed US$722.4 Million by 2024

Focus on Safety & Quality Standards Drives the Global Industrial X-Ray Inspection Systems 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 X-Ray Inspection Systems market. The global market for Industrial X-Ray Inspection Systems is projected to exceed US$722.4 million by 2024 , driven by demand for high safety and quality standards leading to increasing usage of product inspection tools in various industries, advancements in digital technology, and rising security concerns. Primarily known for their non-intrusive approach to screening, X-ray inspection systems have emerged as one of the most important tools in testing applications. The latest crop of X-ray systems for industrial applications boast of advanced computer, sensor, and communication technologies and are more user friendly, fast and safe to operate....

The Global Market for Carbon Dioxide (CO2) Monitors is Projected to Reach US$777.7 Million by 2024

Growing Awareness Over the Clinical Importance in Assessing & Monitoring Respiratory Function Drives the Global Carbon Dioxide (CO2) Monitors Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global Carbon Dioxide (CO2) Monitors market. The global market for Carbon Dioxide (CO2) Monitors is projected to reach US$777.7 million by 2024 , driven by aging population, rising incidence of respiratory disorders, increasing support from health organizations and growing application areas.      Respiratory decomposition or failure is a growing concern in the healthcare sector worldwide, driven by increasing prevalence of respiratory disorders and growing number of surgeries using anesthesia. With patient safety assuming unprecedented attention, there is a growing demand for technologies that assist in evaluating respir...

The Global Market for Plumbing Fittings and Fixtures is Projected to Reach US$85.7 Billion by 2022

Strong Demand for Resource-Efficient Plumbing Products Spurs Growth in the Plumbing Fittings and Fixtures 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 Plumbing Fittings and Fixtures market. The global market for Plumbing Fittings and Fixtures is projected to reach US$85.7 billion by 2022 , driven by the growing demand for resource-efficient plumbing products among new constructions and renovations.  Plumbing fittings and fixtures are crucial components of a plumbing system installed in buildings, either commercial or residential, for efficient distribution of water into the building for drinking, washing, and heating and for removing waterborne wastes from the building. These components are typically used in laying pipelines that provide means of transport for fluids into and out of the building. Plumbing fittings ...

The Global Market for ePharmacies is Projected to Reach US$115.7 Billion by 2024

Convenience and Price Benefits Drive the Global ePharmacies Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global ePharmacies market. The global market for ePharmacies is projected to reach US$115.7 billion by 2024 , driven by growing prospects for eCommerce, convenience and price benefits, and regulatory changes in favor of online purchases of medicines.   ePharmacy is an internet-driven, e-commerce concept in the area of pharmacies or dispensation of pharmaceutical products. Although lagging behind various other sectors, ePharmacy has risen from insignificance a decade or two ago to become a significant and fast growing business. Comprising mail order pharmacy and online pharmacy businesses, ePharmacies cover a major gap in ensuring supply of quality and effective medicines to consumers left behind by the traditional ...

The Global Market for Printing Inks is Projected to Reach US$20.4 Billion by 2022

Stable Production and Retailing of Manufactured Goods and the Growing Need for Packaging Innovation Drive Demand for Printing Inks, 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 Printing Inks market. The global market for Printing Inks is projected to reach US$20.4 billion by 2022 , driven by growing opportunities in the packaging print sector supported by steady growth in consumer retail sales and the ensuing importance of printed materials in packaging and labelling; and rising adoption of environmental friendly printing inks such as water-based and UV-cured printing inks. The printing inks market comprising lithographic, flexographic, gravure and digital inks among others, is cyclical in nature with demand patterns primarily dependent on macro-economic variables such as GDP growth and business climate in end-use sectors such...

The Global Heavy Duty Diesel (HDD) Catalysts Market is Projected to Reach US$2.5 Billion by 2024

Stringent Emissions Norms Drives the Global Heavy Duty Diesel (HDD) 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 Heavy Duty Diesel (HDD) Catalysts market. The global Heavy Duty Diesel (HDD) Catalysts market is projected to reach US$2.5 billion by 2024 , driven by stringent vehicular emission norms, and increasing commercial vehicular production. Diesel engines are known for their high efficiency, reliability, durability, and low-cost operation, which make them most preferred engine type in automotive vehicles including passenger cars, trucks, buses and non-road equipment such as construction machines. Offering unmatched levels of efficiency in land transport operations, trucks equipped with heavy duty diesel engines have become a mainstay in the domestic economy of many nations, connecting production, import,...

The Global Market for FACTS is Projected to Reach US$1.9 Billion by 2024

Spiraling Electricity Consumption Leading to Efficient Bulk Power Transmission Needs Drives Demand for Flexible AC Transmission 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 Flexible AC Transmission Systems (FACTS) markets. The global market for FACTS is projected to reach US$1.9 billion by 2024 , driven by technology advancements & product developments, replacement & up-gradation of obsolete power systems, demand for efficient bulk power transmission, growing focus on renewable energy based power projects, and spiraling electricity consumption leading to increasing electricity generation & transmission needs. Electric power transmission involves bulk transfer of high voltage electrical energy generated by electric power plants and electrical grid to sub-stations at demand centers through transmission lines....

The Global Market for Defoamers is Forecast to Reach US$6.7 Billion by 2024

Recovery in Building and Manufacturing Sectors to Drive the Global Defoamers 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 Defoamers market. The global market for Defoamers is forecast to reach US$6.7 billion by 2024 , driven by improving demand from various end-use markets, stringent environmental regulations, and product enhancements. Defoamers, by definition are chemical agents that inhibit foam build and aid in reducing foam or entrapped air. Application areas of defoamers are varied and include paints and coatings, automotive, mining, pulp and paper, inks, and laundry detergents industries among others. Demand for defoamers is driven by various factors including thriving end-use markets, stringent environmental regulations , and product advancements. Enforcement of various environmental standards and rapid growth in i...

The Global Facilities Management Market is Projected to Reach US$1.2 Trillion by 2024

Increasing Commercial Construction Activity to Drive Growth in the Global Facilities Management 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 Facilities Management market. The global Facilities Management market is projected to reach US$1.2 trillion by 2024 , driven mainly by the increasing focus on reducing operational and maintenance costs of buildings and growing trend toward outsourcing of facility management services. Facilities management (FM) is the provision and management of services that support the principal/core activities of an organization. FM services offer numerous advantages including integration of business-related information over a single platform, enabling cost-effective processes in the business, implementation of smart IT systems, and enabling maintenance of complete compliance of the organization...

The Global Market for Welding Machinery is Projected to Reach US$24.4 Billion by 2022

Growth in Infrastructure Projects in Emerging Economies Drives the Global Welding Machinery 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 Welding Machinery market. The global market for Welding Machinery is projected to reach US$24.4 billion by 2022 , driven by the growth in infrastructure development projects in emerging economies especially in the energy and transportation sectors. Welding is a technique or process of joining together metals and materials for achieving high-strength, permanent fusions, efficiently and economically. Welding provides greater product strength and is more cost effective than soldering and brazing, thereby providing significant product cost benefits to manufacturers in a wide range of industries. Major end-use sectors for welding machinery include construction, automobile, aviation, shipbui...

The Global Market for Printing Machinery and Supplies is Forecast to Reach US$19 Billion by 2024

Increasing Advertising Expenditure and Growing Packaging & Labeling Sectors Drive the Global Printing Machinery and Supplies 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 Printing Machinery and Supplies market. The global market for Printing Machinery and Supplies is forecast to reach US$19 billion by 2024 , driven by high growth potential in packaging and labeling, ever increasing advertising expenditure, and rising tide for digital presses and advanced labeling systems. Dawn of new media, dynamics in the advertising industry, and changed reading patterns are instrumental in shaping the printing industry fortunes. Akin to electronic media, print media continues to be a significant element in the future day’s communication mix. The global printing industry is going through a transition phase from conventional mass p...