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The Global Market for Cogeneration Equipment in Terms of Revenues from Annual Equipment Installations is Projected to Exceed US$40 Billion by 2020

Surging Demand for Electricity & the Resulting Need for Efficient Power Generation Technologies Drives the Cogeneration 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 Cogeneration Equipment market. The global market for Cogeneration Equipment in terms of revenues from annual equipment installations is projected to exceed US$40 billion by 2020 , driven by increasing adoption of microCHP systems and the growing prominence of eco-friendly, economic, and energy-efficient power generation technologies. Cogeneration or combined heat and power (CHP) technology refers to the simultaneous generation of electricity or mechanical power as well as heat energy from a single fuel source. Cogeneration systems have combustion turbines, steam turbines integrated with boilers, micro turbines, reciprocating engines and fuel ce...

The Global Market for Itaconic Acid is Projected to Exceed US$216 Million by 2020

Demand for Renewable Chemicals in the Production of Bio-Based Materials Drives the Itaconic Acid 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 Itaconic Acid market. The global market for Itaconic Acid is projected to exceed US$216 million by 2020 , driven by the shift from petrochemicals to renewable chemical feedstocks in the production of bio-based materials. Itaconic Acid (IA), also known as methylene succinic acid or butanedioic acid, is gradually emerging as a new high-tech industry across the globe. With rising concerns over diminishing fossil fuel resources, efforts are being made to produce chemicals from green feedstock rather than petrochemical raw materials. IA represents as an ideal bio-based platform chemical for the chemicals industry. The promising chemical compound is also one of the top 12 bio-based blo...

The Global Market for Backend-as-a-Service (BaaS) is Projected to Reach US$31.6 Billion by 2020

The Rise of the App Driven World Spurs Broad Based Growth in the Global Backend-as-a-Service 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 Backend-as-a-Service (BaaS) market. The global market for Backend-as-a-Service (BaaS) is projected to reach US$31.6 billion by 2020 , driven by the rise of app driven economies worldwide and the ensuing indispensability of mobile applications in the creation of economic value. In this era of high-performance computing, use of applications i.e., software programs that enable users to accomplish a range of tasks, functions, and/or activity over their computing devices, has been growing significantly. With over 80% of the world’s population currently online, the future is an app-dominated future. The “Appification of Everything” is the new phenomenon that is spurring the creation of new...

The Global Market for Mobile Messaging Apps is Projected to Reach 2.1 Billion Users by 2020

Increasing ‘Social Connectedness’ Drives Demand for Mobile Messaging Apps, 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 Mobile Messaging Apps market. The global market for Mobile Messaging Apps is projected to reach 2.1 billion users by 2020 , driven by the growing penetration of smartphones and tablets, increase in social connectedness among the young and old population, and availability of cheap mobile Internet services. The global mobile communication landscape is experiencing the rapid proliferation of mobile messaging apps, which offer the highest level of convenience and user experience in text-based communication. Growing sales of smartphones and tablet PCs and their ever-expanding role in media and communications in daily life are continuing to fuel adoption of messaging apps. Also, the need for ‘social connectedness’ i...

The Global Market for Vegetable Oils is Projected to Exceed 200 Million Metric Tons by 2020

Robust Demand for Palm Oil and Popularity of Organic & Unprocessed Oils Drive the Vegetable Oils 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 Vegetable Oils market. The global market for Vegetable Oils is projected to exceed 200 million metric tons by 2020 , driven by surging popularity of healthy, organic, and unprocessed/unrefined vegetable oils, and robust demand for palm oil worldwide. Vegetable oil refers to oil produced from crushing oilseeds (sunflower, rapeseed, corn, peanut, and others), palm and palm kernel, coconut, and cottonseed, for applications in food and other industries. With growing consumer focus on health and wellness, the vegetable cooking oils market globally is experiencing strong demand for improved, nutritional and healthier oils. Growth in the market is attributed to various factors inclu...

The Global Market for Commercial Drones is Projected to Reach US$1.8 Billion by 2020

Growing Focus On Managing Risk with Drones Drives Growth in the Commercial Drones 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 Commercial Drones market. The global market for Commercial Drones is projected to reach US$1.8 billion by 2020 , driven by the expanding use of unmanned aerial vehicles (UAVs) in executing high-risk tasks, and the growing prominence of drones-as-a-service. Unmanned Aerial Vehicles (UAVs) have been a major force in military applications and battlefield scenarios. In the past decade, UAVs have gradually transitioned from being expensive systems used solely by military agencies to an easily accessible commodity, opening up a slew of opportunities in the commercial space. Improved maneuverability and reduced capital costs are positioning drones as an ideal alternative to humans and conventional man...

The Global Market for Food Allergy and Intolerance Products is Projected to Exceed US$24.8 Billion by 2020

Rise in Food Hypersensitivity, Allergies & Associated Anaphylaxis to Drive the Food Allergy & Intolerance 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 Food Allergy and Intolerance Products market. The global market for Food Allergy and Intolerance Products is projected to exceed US$24.8 billion by 2020 , driven by the rise in food hypersensitivity, allergies and associated anaphylaxis as a result of changes in diet, and sensitivity to food additives and increased use of sulphur dioxide and sulphites as preservatives.  An abnormal reaction of the immune system, stimulated by consumption of specific foods, food allergy is on the rise globally. Allergy causing food often triggers reactions such as hives, swollen airways and digestive problems. Non-allergic food hypersensitivity, also known as food into...