Latest Market Research Trends

31 st December 2020 – In the year 2015, global protective relay market was valued at $2590.1 million and is expected to grow at CAGR of more than 5% over the forecast period. Increase in number of power and infrastructure projects in the Asia-Pacific region along with increased investments in the T and D network worldwide is considered as the reason for the rise in the demand of protective relays. Asia Pacific region accounted for highest market share and about 30% of the total revenue in the year 2015. Extensive investments in the modernization of infrastructure along with renewable sector are the major factors that are expected to drive the demand of protective relays over the forecast period. Due to the economic progress of the countries such as India and China the rate of mounting infrastructure is at all-time high. This rise in infrastructure is expected to fuel the growth of protective relay market over the forecast period. Summer Olympics that are scheduled in the Japane...

30 th December 2020 – The global organic rice protein market was valued over USD 30 million in 2015 and is expected to witness rapid growth over the forecast period. The growing demand for organic, vegan, non-toxic and non-GMO food ingredients is expected to fuel the demand for these products. The hypoallergenic nature is proving extremely useful and replacing dominant allergens such as gluten proteins, dairy and soy. The high nutritional value of these products owing to the presence of large amounts of amino acids is beneficial for building muscles owing to which organic rice protein is combined with dietary protein in health supplements. Increasing utilization of this product in sports & recovery drinks and non-dairy drinks is expected to propel the demand. High-quality products developed using extensive R & D is driving market growth. Superior properties and low cost of these products are expected to open new avenues for application in end-use industries. Organic rice pr...

29 th December 2020 – In 2014, the ERP software market size was valued USD 27,648 million globally. ERP system is a shared database that supports different business units. Integration of various functions in different business unit, transparency, and efficiency is predicted to drive the market over a forecast period. The need of streamlined processing in aerospace, defense, government utilities and industries will play a major role in market growth over a given period. ERP is business management software that collects, stores, manage and interprets data from many business activities, thus allowing smooth flow of processes and better decision making and productivity. In Emerging economies such as Brazil, India and China the product will have great demand due to increasing number of SMEs. Development in IT sector, penetration of IT firms, and changing consumer behavior in these regions will lead to adoption of ERP software over manual operations. The inventory cost can be reduced 25...

28 th December 2020 – The global digital signage market is anticipated to reach USD 31.71 billion by 2025, expanding at a significant CAGR of 7.9% during the forecast period. Digital signage is also termed as dynamic signage, is an advanced form of silver casting in which multimedia or video content is presented in public places for advertising or informational purposes. It mainly comprises a playback device or computer connected to a bright digital screen like plasma display or LCD. It is exclusively used in banks, schools, airports, office buildings, and others. The factors that are playing a major role in the growth of digital signage market are the developing infrastructure in the emerging countries, acceptance of digital signage in the commercial sector, the rising use of enhanced technology in display sector, and the increasing demand for customized software and solutions. However, the growing trend of broadcast or online advertisement may restrain the overall market in the y...

24 th December 2020 – The global Flow Chemistry Market size is estimated to reach USD 2.39 billion by 2025, exhibiting a 9.9% CAGR during the forecast period. Rising penetration of this technology in pharmaceutical products is likely to drive demand over the forecast period. The technology demand is driven by growing demand for environmental friendly processes in comparison with batch manufacturing processes. The technology provides favorable properties such as controlled environment, reduced reaction steps, low maintenance and less space occupancy. The ability of the technology to bring down production costs is expected to fuel the market growth over the forecast period. Extensive research and significant advancements such as 3D printing, microwave irradiation, photochemistry, and gas-based processes coupled with usage of flow chemistry is likely to further augment penetration in industry applications. The lack of regulations over usage of continuous reactors in the market is expe...

23 rd December 2020 – The global Active Pharmaceutical Ingredient (API) market size was worth at USD 134.2 billion in the year 2015 which is anticipated to reach a value of USD 239.8 billion by 2025, with CAGR of 6.0%. Rising prevalence of chronic diseases such as neurological diseases, cardiovascular diseases, can lead to the growth. The key drivers can be the rising demand of efficient and rapid acting drugs and introduction of innovative drug production facility. Major key players are choosing for outsourcing the product from the developing regions such as India, Brazil and China, which also anticipated to drive the market. In addition, pharmaceutical companies face tremendous loss in terms of revenue owing to the patent expiration of blockbuster drugs. Expiration of patent results in increasing focus for development of generic versions of the molecules. The R&D investments of the company are no longer valuable after patent expiration. Thus, the API outsourcing tre...

22 nd December 2020 – The global animal feed antioxidants market size was valued at USD 183.4 million in 2014. Rising meat consumption as a result of increasing awareness toward protein diet is expected to promote the importance of good quality feed ingredients for livestock. Antioxidants are mainly used in animal feed industry for providing protection of essential nutrients such as vitamins, fats, and pigments from deterioration. Furthermore, these ingredients are capable of extending the storage period as well as the durability of animal feed. Increasing number of reporting incidences of contagious diseases including foot-&-mouth disease and avian flu among livestock is expected to have a substantial impact. Furthermore, rising spending toward inclusion of cattle management technology in the dairy farming sector of UK and Ireland is expected to expand the application scope in the near future. Over the past few years, the agriculture industry of developing countries including ...

21 st December 2020 – The global Composites Market size is anticipated to reach USD 130.83 billion by 2024. It is also projected to grow at a CAGR of 7.8% over the forecast period on account of its increasing demand from numerous application sectors which consist of wind energy, electrical & electronics, automotive interiors, pipes & tanks, marine and aerospace & defense. The expansion of numerous end-user application segments is expected to augment the industry growth. In addition, the market of composites is estimated to observe a substantial growth on account of its strength, thermal conductivity performance properties and high corrosion resistance. The product is majorly produced by layup process, which accounted for 30.90% of the total composites market share in the year 2015. The layup process is presumed to witness a significant growth in the near future on account of its versatility in manufacturing a wide range of products and low operational expenditure. ...