Million Insights Reports: October 2019

Thursday 31 October 2019

Mobile Robotics Market Share, Size, Growth and Dynamics | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Mobile Robotics Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 31, 2019 - Mobile Robotics Market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60 billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the production and to augment the quality process; mobile robotics is significantly evolving its market globally. Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations.

Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics. It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production.

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On the basis of products, the mobile robotic market is segmented into Unmanned Ground Vehicles (UGV), Unmanned Surface Vehicles (USV), Unmanned Aerial Vehicles (UAV) and Autonomous Underwater Vehicles(AUV). UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies. UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications.

By end-use, the mobile robotic market is bifurcated into service and industrial segment. The traditional industrial application covers warehousing &distribution, coating & dispensing and painting and de-painting. Service segments comprised of personal and professional end-use. Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment. Professional end-use covers logistics, agricultural, forest harvesting, medical, mining, and military & defense.

Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers. Combining the mobile robots with mobile technologies and smart appliances is presumed to enhance the profitability of personal service mobile robots.

The major players of mobile robotics players include Northrop Grumman Corporation (U.S.), iRobot Corporation (U.S), Google Inc(US), GeckoSystems Intl. Corp. (U.S.), Bluefin Robotics Corporation (U.S.), ECA Group (France), Honda Motor Co., Ltd. (Japan)., Adept Technology, Inc. (U.S.), KUKA AG (Germany), Amazon.com Inc (U.S).

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/mobile-robotics-market

Market Segment:

Mobile Robotics Product Outlook (Revenue, 2012 – 2020)

• Unmanned Ground Vehicles (UGVs)

• Unmanned Aerial Vehicles (UAVs)

• Unmanned Surface Vehicles (USVs)

• Autonomous Underwater Vehicles (AUVs)

Mobile Robotics Application Outlook (Revenue, 2012 – 2020)

• Industrial

• Service

Mobile Robotics Regional Outlook (Revenue, 2012 – 2020)

• North America

• Europe

• Asia Pacific

• RoW

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Middle East Distribution Transformer Market Insights | Size, Status & Growth Factors | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Middle East Distribution Transformer Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 31, 2019 - Middle East Distribution Transformer Market volume in 2014 was valued at price USD 2.68 billion in the Middle East; furthermore, it is anticipated to attain USD 3.60 billion at the end of 2022. The development may be recognized to increasing acceptance of smart grid solutions worldwide. Supplementary, growing need for sustainable energy around the globe, it is also expected to stimulate product demand over the forecast period. Infrastructure improvement in numerous countries across the Middle East may positively impact development projection.

Rising population has considerably spurred electricity demand around the globe; thereby it is helping for driving the power industry. Smart grid installations need two-way, real-time communication along with components that integrate related capabilities to observe a variety of system parameters distantly. This may supplementary impel demand for inventive products with interactive information to convey potential. Nevertheless, substitution of highly robust conventional counterparts may cause confront to the business in upcoming seven years.

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Liquid-filled Transformer market is also anticipated to observe considerable growth over the forecast period. This growth is credited to superior functional capabilities in addition to proficient design. Pad mounted have several utility applications across the commercial, industrial, with residential sector, these applications are expected to drive demand over the predictable future. Dry type technology is used mainly in a rough environment along with high fire safety requirements such as mining sites, oil & gas industries as well as marine industry.

Regional Insights

The electricity sector is privatized in numerous Middle East economies, so this factor is projected to be a major industry development factor over the upcoming period. Fast growth in the industrial sector, mainly in industries like petrochemicals along with oil & gas is expected to drive demand in Saudi Arabia.

UAE Distribution Transformer market has also witnessed high growth owing to early technology adoption in this region. Also, availability of a large amount of coastal region for water transportation in the many countries in Middle East region may ease raw materials procurement in this region, which is expected to propel demand over the next few years.

Leading transformer manufacturers give emphasis on practices like merger & acquisition for establishing a presence in the Middle East region. For example, General Electrical acquired Alstom to increase its product portfolio in the market. Local manufacturers concentrate on providing high-quality products across the particular country. Important companies that lead the market include ABB, Siemens, Electrical Systems, Saudi Federal, GE, Bawan, and Alfanar.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/middle-east-distribution-transformer-market

Market Segment:

Distribution Transformers Product Outlook (Revenue, USD Million, 2012 - 2022)

• Small Transformers

• Medium Transformers

• Large Transformers

• Unit Substations

Distribution Transformers Technology Outlook (Revenue, USD Million, 2012 - 2022)

• Liquid Filled

• Pad mounted

• Pole mounted

• Dry Type

Distribution Transformers Regional Outlook (Revenue, USD Million, 2012 - 2022)

• Saudi Arabia

• UAE

• Qatar

• Egypt

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Luxury Furniture Market Outlook | Growth Prospects & Key Opportunities| Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Luxury Furniture Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 31, 2019 - Luxury Furniture Market is anticipated to reach $28.60 billion by 2022 at a CAGR of 3.7% in the forecast period. The key factors affecting the growth of this sector is disposable income. The growth of the luxury furniture sector is directly proportional to the adoption of e-retailing methods to reduce the operating expenses in sales & distribution and growth of real estate industry. The real estate sector has shown a significant slowdown in the 1st half of 2017.

However, the market is expected to grow with the moderate speed. Development of the real estate industry for commercial as well as the residential place would push the luxury furniture market forward. Also, the development is coupled with the change in lifestyle of the consumers, especially in urban areas due to increase in disposable income. However, the growth can be hampered by the increasing expenses for a raw material required, the design of furniture and the lack of skilled workforce.

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By raw material, the luxury furniture market is categorized into plastic, metal, wood, glass, leather, and others. Mahogany, Teak, Jackfruit, Cedar and Redwood trees are the primary sources of raw material. The increase in the cost of materials, such as wood, leather, and stones, may restrain the market growth.

Consumers are inclined toward eco-friendly furniture due to the increased environmental awareness. Also, the companies are concerned about their carbon footprints and now started to offer eco-friendly alternatives which are possible due to technology and innovative ideas of designers such as marble, stone, plastic, and metal. Moreover, these materials have high durability and low maintenance cost.

End-use Insights

Luxury furniture is used for commercial as well as domestic purpose. The domestic sector contributes nearly two-third of the global luxury market revenue. In the domestic sector, living and bedroom dominated the rest of the segments by the returns in 2014 due to the consumers that are specific in the purchase of exact and precise kind of furniture to give an attractive and aesthetic look to their bedroom and living room.

Service segment contributes the largest share of the revenue in the commercial sector. Consumption of luxury furniture in the service sector is expected to grow at a higher pace to provide a better service experience to the customers. Gyms, hotels, restaurants install luxury furniture following the rise in market demand significantly. Modern, as well as Traditional designs, are receiving admiration thus driving towards the growth in this segment.

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Market Segment:

Global Luxury Furniture Outlook, By Material (Market Revenue in USD Million, 2012 - 2022)

• Wood

• Metal

• Glass

• Leather

• Plastic

• Others

Global Luxury Furniture Outlook, by End-use (Market Revenue in USD Million, 2012 - 2022)

• Domestic use

• Living & Bedroom

• Kitchen

• Lighting

• Outdoor

• Bathroom

• Commercial use

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LiDAR Market Profile | Opportunities & Challenges | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global LiDAR Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 31, 2019 - LiDAR Market size is estimated to reach USD 1.34 billion by 2024. LiDAR market covers key segments such as terrestrial, airborne and mobile & UAV LiDAR systems. It is a surveying method that measures the distance with help of laser light and sensors that creates 3D representation of target. Airborne systems dominated in market share and are predicted to grow in forecast period. The advantages such as high accuracy and detailed information of Airborne system has increased their use over photogrammetry. The systems delivers large area mapping in short time and are efficient.

LiDAR is used in high-resolution maps the technology is also used in navigation and control of autonomous cars. The vertical integration in LiDAR market has various advantages and adds significant value to supply chain operators. Light Detection and Ranging systems have made mapping of objects, detection, and examination easier than photogrammetry technique. The Chinese firm Nova Workvision Digital Technology Co. Ltd. Provides outsourcing service along with mapping products such as Digital Terrain model (DTM), Digital surface model (DSM), and Digital elevation model (DEM).

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Airborne systems uses laser light generate a 3D representation of target landscape. LiDAR systems provide a precise data points in short time for creating digital elevation models and are anticipated to replace the present photogrammetry mapping technique due to their high ability of 3D scanning of images in short time.

LiDAR market is segmented based on application that includes Engineering environment, Advanced Driver Assistance (ADAS), corridor mapping and others. Among these segments the corridor mapping is expected to dominate with over 37.99% of industry share in 2015.

LiDAR is used for atmospheric research and meteorology and the LiDAR instruments also have applications in aircraft, satellites with main purpose of surveying and mapping. The mobile system collects 3D point cloud data for creating map. Mobile and UAV systems will have great opportunities in emerging Economies and will drive the market worldwide over forecast period.

On basis of components the LiDAR industry is fragmented into GPS components, navigation device, laser scanner and other devices that are used for capturing, processing and storing data such as camera equipment. Laser scanner has great importance in LiDAR technology, owing to this fact the laser segment is expected to grow at a significant rate.

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Market Segment:

LiDAR Product Type Outlook (Revenue, USD Million, 2014 - 2024)

• Airborne

• Terrestrial

• Mobile & UAV

LiDAR Application Type Outlook (Revenue, USD Million, 2014 - 2024)

• Corridor Mapping

• Engineering

• Environment

• Exploration

• Advanced Driver Assistance Systems (ADAS)

• Others

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Laser Processing Market Profile | Demand, Cost and Profit | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Laser Processing Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 31, 2019 - Laser Processing Market was sized at $10.36 billion and is estimated to grow at a significant rate due to the increase in material processing applications. Precise and accurate operations of industrial processes are achieved by implementing the laser technology in manufacturing.

The regulations and the norms set by the governments are expected to positively affect the growth of laser processing market in next few years. Due to their increased usage in various applications ranging from marking, cutting to welding, drilling, engraving the technology all set to witness tremendous growth in during the forecast period.

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Laser processing segment consists of marking and engraving, material processing and micro-processing. This section comprises of all the major factors of laser and material processing involving implementation of laser beam welding, hybrid processes, micro drilling, surface modifications, ablation of bulk material and coatings, cutting & machining direct manufacturing and so on.

Crude oil extraction that involves mainly mining and drilling activities is largely benefitted by laser technology. Aerotech offers development in main areas such as mechanics, laser controls and controls. They also aid the system integrators, OEMs, end users using processes such as cutting systems, marking, welding, etching and marking systems.

Furthermore, the engagement of laser technology with water-jet cutting technology in smooth surface with narrow cuts, increases the overall efficiency subsequently fuelling the market growth over next few years.

The ever increasing demand in the fields of microelectronics and medical sector is expected to drive laser processing growth. Key role is played by the process of welding the medical applications primarily such as implantable devices, pacemakers, surgical tools which involve non-porous and ultra-fine sterile surfaces which are implemented in cardio logical processes.

Emerging applications in the fields of oil and gas and automotive sector will fuel the growth of laser technology along with the increase in the usage of machine tools over the next few years. Moreover, high speeds offered by laser cutting, improves the quality of cutting edges and provides the material in automotive segment with low-heat operation.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/laser-processing-market

Market Segment:

Laser Processing Product Outlook (Revenue, USD Million; 2014 - 2025)

• Gas Lasers

• Solid-state Lasers

• Fiber Lasers

• Others

Laser Processing Process Outlook (Revenue, USD Million; 2014 - 2025)

• Material Processing

• Marking and Engraving

• Micro-Processing

Laser Processing Application Outlook (Revenue, USD Million; 2014 - 2025)

• Automotive

• Aerospace

• Machine Tools

• Electronics and Microelectronics

• Medical

• Packaging

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Wednesday 30 October 2019

Transparent Ceramics Market Insights | Size, Status & Growth Factors | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Transparent Ceramics Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 30, 2019 - Transparent Ceramics Market size is anticipated to reach USD 1.1 billion by 2024. It is projected to expand at a CAGR of 22.4% over the forecast period on account of its increasing demand from various application sectors as an alternative for traditional glass technologies in numerous functions for instance armors, optical fibers, lasers and infrared domes.

The increasing emphasis on deployment cutting and laser tools is enhancing the transparent ceramics market globally. In addition, growing penetration of transparent ceramics on account of its excellent properties as compared with conventional ceramics is presumed to fuel the expansion over the forecast period.

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The aerospace, defense & security sector accounted for 22.3% of the overall market share in the year 2015. The sector is anticipated to witness a speedy growth over the next eight years on account of increasing expenditure in this sector for new advancements.

Transparent ceramics are used for manufacturing windows, hemispherical domes and armors for missiles. The constant rise in the expenditure for the improvement of aerospace & defense segment, specifically in the Middle East, is presumed to fuel the overall growth.

The optics & optoelectronics industry is anticipated to garner revenues worth USD 302.40 million by the year 2024. The product is utilized in CCDs, CMOS, transmitter, couplers and image & display sensors on a large scale, as a result optics & optoelectronics application sector is expected to garner the highest revenue share over the forecast period.

The monocrystalline transparent ceramics accounted for over 53.4% of the total revenue share in the year 2015. They are projected to witness augmented growth over the forecast period.

Asia Pacific accounted for approximately 45.0% of the total market share in the year 2015. The demand in this region is fueled by the increasing application of the product on account of its excellent properties. In addition, the rising demand for iron & steel and defense sectors owing to rapid industrialization is presumed to boost the overall growth.

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Market Segment:

Transparent Ceramics Material Outlook (Revenue, USD Million, 2013 - 2024)

• Sapphire

• Yttrium Aluminum Garnet

• Aluminum Oxynitride

• Spinel

• Others

Transparent Ceramics Product Outlook (Revenue, USD Million, 2013 - 2024)

• Monocrystalline

• Polycrystalline

• Others

Transparent Ceramics Application Outlook (Revenue, USD Million, 2013 - 2024)

• Optics & Optoelectronics

• Aerospace, Defense & Security

• Mechanical/Chemical

• Sensors & Instrumentation

• Healthcare

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Thermoplastic Vulcanizates (TPV) Market Size, Share | Segmentation and Research | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Thermoplastic Vulcanizates (TPV) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 30, 2019 - Thermoplastic Vulcanizates (TPV) Market is expected to reach USD 1.87 billion by 2020. The increasing demand for high performance and lightweight materials in the automotive sector is likely to have a positive impact on the growth of the product market. The change in preferences from metals to lightweight materials for improving fuel efficiency is expected to boost the market.

TPV possess elastomeric characteristics similar to EPDM thermoset rubber, merging the vulcanized rubber properties with processing attributes of thermoplastics. The product has its applications in the automotive, electrical, household appliances, healthcare and construction industries owing to attributes such as long-term aging durability, recyclable, and design flexibility.

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TPV applications can be broadly classified as automobiles, electrical appliances, medical & healthcare, consumer goods, coated fabrics, industrial goods, and construction.

The automobile sector contributes to over 59.8% of global TPV consumption in 2013. The product is the best alternative for replacing conventional materials owing to its superior properties over the conventional including high strength, flexibility, low weight, and abrasion resistance.

The demand for TPV is likely to witness the highest growth at a CAGR of over 7% during the analysis period, on account of the rising awareness regarding the use phthalate-free medical equipment and devices.

Regional Insights

North America contributed to over 34% of the total demand in 2013 dominating the market. The market is distinguished by various government schemes such as Corporate Average Fuel Economy (CAFE) program which enables the automotive manufacturers to reduce the weight of the automobiles resulting in increased fuel efficiency. This regional trend is likely to propel the product demand.

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Market Segment:

Global Thermoplastic Vulcanizates (TPV) Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2020)

• Automotive

• Fluid Handling

• Consumer Goods

• Medical

Global Thermoplastic Vulcanizates (TPV) Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2020)

• North America

• U.S.

• Europe

• UK

• Germany

• Asia Pacific

• Japan

• China

• Central & South America

• Middle East & Africa

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Thermoplastic Elastomers Market Profile | Top Key Players & Segmentation | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Thermoplastic Elastomers Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 30, 2019 - Thermoplastic Elastomers Market was estimated at 3.82 million tons. The rising replacement of ethylene propylene diene monomer (EPDM) by TPE in construction equipment is likely to fuel the product market. The superior chemical and physical properties of the product as opposed to thermoset plastics are expected to widen the application scope, thereby aiding market demand.

The growing application of TPE in electronics, consumer goods, construction, and footwear is expected to have a positive impact on the product demand. The rising demand for TPE in the automotive industry owing to the changes in consumer preferences regarding lightweight and high performance passenger cars has been instrumental in driving the market growth.

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Asia Pacific contributed to over 40% of the global product consumption in 2014. The industrial growth in this region is on account of favorable government norms coupled with monetary policies regarding private investments. The major contributors to TPE consumption India and China are estimated to grow exponentially at around 66% during the analysis period.

North America accounts for over 35% of the TPO product consumption market. The rising demand for the product in the construction & industrial sector is likely to propel market growth. The industrial growth in the region is based on increased application scope coupled with high R&D activities by local companies. The increased production in the automotive sector in Mexico and US coupled with the growth of consumer & construction industries is likely to have a positive impact on the TPE demand during the analysis period.

Competitive Insights

The global TPE market is highly fragmented with the major four companies contributing to over 45% of the market share. These major companies include Lyondell Basell, Sinopec, Kraton Polymers, and Dow Chemical Company. The other key players include Kraton, Evonik, Dynasol Elastomers, Bayer Material Science, and Arkema.

The key companies are changing their production to the emerging markets in India, China, Southeast Asia, and Brazil. This production shift can be characterized by favorable production conditions including low labor, raw material & operational costs. The presence of local suppliers in Japan and China is likely to increase the competition.

The major manufacturers Zeon and Muller Kunstsoffe are expanding to Japan and China. In addition, Mitsubishi is engaged in R&D for developing eco-friendly bio-based TPU and improving manufacturing processes by the elimination of phosgene toxics.

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Market Segment:

Global Thermoplastic Elastomers (TPE) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Styrene Block Copolymers (SBC) Thermoplastic Polyurethanes (TPU)

• Styrene Butadiene Styrene (SBS)

• Styrene Isoprene Styrene (SIS)

• Hydrogenated Styrene Block Copolymers (HSBC)

• Thermoplastic Polyolefins (TPO)

• Thermoplastic Vulcanizates (TPV)

• Copolymer Esters (COPE)

• Other TPE

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Sorbitol Market Profile | Future Demand & Growth | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Sorbitol Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 30, 2019 - Sorbitol Market size was 1.96 million tons in 2015. Rising demand for artificial sweeteners with low-calorie content in food & beverages on account of increasing health awareness is expected to promote industry expansion over the forecast period.

Growing demand for sorbitol as a functional ingredient in food & beverage, personal care, pharmaceutical, and chemical manufacturing will augment industry growth over the forecast period. The increase of the food & beverage sector in China, India, and Brazil on account of growing number of retail stores and supportive regulations to promote investments will create immense market potential.

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Liquid sorbitol was extensively used and accounted for 82.7% of the global volume in 2015. Growing applications of the product in the formulation of syrups, solvents, and gels on account of its sweetening effect will propel market growth over the forecast period. Moreover, its increasing use as an excipient for pan coatings in the healthcare sector as they exhibit excellent solubilizing property will promote demand.

Crystal product forms are expected to witness moderate revenue growth owing to high usage in manufacturing mint tablets, chewing gum, polydextrose and other sugar free-foodstuff including dried squid thread, roasted fish fillet, shrimp ball and frozen raw fish.

Application Insights

Toothpaste is projected to witness volume gains at a CAGR of 3.9% owing to increasing consumption of sorbitol for preventing dental problems including tooth decay and cavity issues.

Demand for personal care products was 656.2 kilo tons in 2015. Rising use of the product as a sweetening and thickening agent in the formulation of personal care products. Chemical is expected to witness significant revenue growth owing to increasing application in biofuel, as well as rocket fuel, will promote demand over the forecast period.

End-Use Insights

Increasing demand for toothpaste, mouthwash, skin creams, and chewing gums in light of product innovation by FMCG manufacturers including P&G and Unilever will open new market avenues. Also, high refractive index of sorbitol is expected to promote the product used in the formulation of transparent gels.

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Market Segment:

Sorbitol Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

• Liquid/Syrup sorbitol

• Crystal/Powder sorbitol

Sorbitol Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

• Toothpaste

• Vitamin C

• Diabetic and Dietetic Food and Beverage

• Surfactants

• Others

Sorbitol End Use Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

• Cosmetic and Personal Care

• Chemical

• Food

• Pharmaceutical

• Others

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Internet of Things (IoT) Market Profile | Demand, Cost and Profit | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Internet of Things (IoT) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 30, 2019 - Internet of Things (IoT) Market scope was projected at US$ 605.69 billion in 2014. It is expected to reach US$ 1.88 trillion by 2022 with a CAGR of 15.2% during the completion of the prediction period. The idea of IoT has transformed the manner, organizations through business verticals. It assists organizations in growing working efficiency and enhancing business results.

The whole lot of business verticals are experiencing a vast alteration in a proposal to deliver reachable, excellent, and reasonable services to their clienteles. New-fangled uses, an outcome of innovative technology, are being developed to discourse altering necessities of the business. IoT, in grouping with big data and cloud computing, is making profitable openings for the organizations. The growing number of connected devices and the propagation of smartphones have funded considerably to the growth of IoT.

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The global Internet of Things market can be classified by Application Area, Platform, Service, Software Solution and Region. By Application Area, it can be classified as Smart mobility and transportation, Connected logistics, Smart energy and utilities, Smart retail, Smart manufacturing, Building and home automation, Banking and Financial Institutions (BFSI).By Platform, it can be classified as Network management, Device management, and Application management.

By Service, it can be classified as Managed service, Support and maintenance, Professional service, Consulting service, Deployment and integration. By Software Solution, it can be classified as Network bandwidth management, Data management, Real- time Streaming Analytics, Remote monitoring system, and Security solution.

Regional Lookout:

By Region the global Internet of Things (IoT) industry can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America griped the biggest share of market during the past year. The issues accountable for this development consist of technical progressions, speedy digitalization through business verticals, and growing acceptance of smart connected apparatuses that have additionally powered the development in this province. It has got enormous uses, everywhere in diverse businesses. For example, a storage and warehouse company, Lineage Logistics (U.S.A.) work together with Monnit Corporation for IoT empowered sensors. Monnit Corporation delivered Lineage Logistics vibration and temperature sensors.

Increasing demand for smart devices in the U.S.A and Canada pushes the market in North America. The province is expected to top the global market during the period of forecast. Large scale implementation of technologies for example Artificial Intelligence (AI) and Cloud computing in this area adds to the development of the IoT market.

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Market Segment:

IoT Component Outlook (Revenue, USD Billion, 2012 - 2022)

• Devices

• Connectivity

• IT Services

• Platforms

IoT Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Consumer Electronics

• Retail

• Manufacturing

• Transportation

• Healthcare

• Others

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Tuesday 29 October 2019

Pulse Flour Market Profile | Future Demand & Growth | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Pulse Flour Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India: Oct. 28, 2019 - Pulse Flour Market size was estimated over USD 17 billion in 2015. Pulse flour obtained from the hull of pulses like chickpea, pea, lentils, and other legumes is gaining popularity as an essential functional food ingredient. The growing vegetarian population is driving the demand for these products in various food products. Extensive R&D for new product development coupled with government initiatives about the promotion of pulses is expected to have a positive impact on market growth over the forecast period.

Pulse flour contains low-fat source, low glycemic index, and high fiber content owing to which this product exhibits many advantages over wheat flour and rice. The presence of rare elements such as potassium, selenium and sodium & nutrients is responsible for growing demand in end-use applications.

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In 2015, Europe dominated the pulse flour market globally by accounting over 25% of share in terms of revenue. North America and Asia Pacific are key consumers of beverages. Rising consumption for sports and energy drinks are expected to witness a growth over the forecast period.

The Middle East & Africa is the fastest growing region on account of growing application of pulse flour in curries, soups, tajines, and hummus. Growing food services and retail sales coupled with high population growth in the region is likely to have a positive impact over the forecast period. The growing hospitality industry is in countries such as Morocco, UAE, Israel, and Egypt is expected to further augment market demand over the forecast period.

Competitive Insights

The key players in the market are Harvest Innovations, Parakh Agro Industries Ltd., CanMar Grain Products, ADM, Ingredion Incorporated, Best Cooking Pulses Inc., Ganesh Grains Ltd, Diefenbaker Seed Processers, and AGT Food & Ingredients.

Industry participants are adopting merger & acquisition and new product development strategies to strengthen their market position. In October 2014, Archer Daniels Midland Company acquired WILD Flavors GmbH in October 2014.

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Market Segment:

Global Pulse Flour Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Pea

• Lentils

• Chickpea

• Others

Global Pulse Flour Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Bakery & Snacks

• Dairy

• Beverages

• Others

Get in touch

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, MH, 411016 India

tel: 91-20-65300184

Email: sales@millioninsights.com

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