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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 soft...

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 ...

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 r...

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 ...

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...

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 increas...

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 powe...