Connected logistics refers to the methods used for accessing real-time data that manage complex logistics operations effectively.Technology giants such as Siemens AG (Germany), AT&T Inc. (U.S.), SAP SE (Germany), and others provide solutions required for connected logistics such as software as well as advising, deploying, and supporting services to connected logistics platform. Siemens has stated plans to start its global logistics headquarter including its portfolio of airports, cargo infrastructure, and port in the emirate shortly.
Category: Market Research
Asia Pacific Is Dominating The Palm Oil Market
Global Palm Oil Market can be classified into crude palm oil, palm kernel oil, and others. Palm oil is one amongst the most nutritious edible oil. It is derived from palm fruit which is originally from Western Africa but can flourish wherever heat and rainfall are abundant.
Geospatial Analytics Market Sees Greater Growth
Geospatial Analytics Market – Overview
Gathering of geographical information has increased at a steady pace in recent times owing to the need to analyze geographical data for decisions relating to earth, such as crisis planning and management to name a few. Focused Market reports connected to the information & communication technology sector among others lately have been made available by Market Research Future which publishes a report on this sector. The industry is estimated to earn revenues worth $95 billion by while expanding positively at a 19% CAGR in the forecast period.
The diversifying nature of geospatial analytics’ commercial application are the main driving factors driving the industry in the forecast period. Technologies such as GPS, GIS, LiDAR technology, remote sensing are expected to lead the way in the expansion of the market, due to their increasing employment in conducting geospatial analytics. Geospatial data commercialization is expected to be the main driver for the expansion of the market through the forecast period.
Key Players
The geospatial analytics industry includes competitors such as Trimble Navigation Ltd. (U.S.), ESRI (U.S.), IBM Corporation (U.S.), General Electric (U.S.), Fugro N.V. (Netherlands), RMSI (India), Alteryx (U.S.), Bentley Systems, Inc. (U.S.), Hexagon AB (Sweden), MDA (Canada), Harris Corporation (U.S.), DigitalGlobe, Inc. (U.S.) and Transerve technologies (India).
Industry Segments
The industry segments of the geospatial analytics market are segmented into application, type, component, technology and end-user.
On the basis of component, the industry is segmented as services and software. The services segment of the market is segmented into managed services and professional services. The professional services are further divided into training services and consulting services. Moreover, the market segment is segmented into network analytics, surface analytics, and geo-visualization.
Additionally, the technology segment of the market is segmented into global positioning system (GPS), LiDAR Technology, 3D laser scanning, photogrammetric, remote sensing, geographic information system (GIS), and others. The application segment of the geospatial analytics market is segmented into survey solutions, land administration, mobile mapping and others. Lastly, on the basis of end-user, the market is segmented into construction & real estate, forestry, retail, marine & mining, energy, transportation & logistics, agriculture and others.
Detailed Regional Analysis
The Geospatial Analytics Industry is segmented into four major regions such as Asia Pacific, Europe, North America and the Rest of the World. The European region is estimated to observe considerable growth in the geospatial analytics industry.
Germany, United Kingdom and France are important nations in the region. This is primarily due to the growth in demand for the geospatial technology for the security and safety applications for the automotive and aerospace sectors. The Asia Pacific region is also estimated to be the most rapidly growing region in the geospatial analytics industry over the forecast period.
Japan, India, South Korea and China are the foremost countries in the geospatial analytics industry. This is primarily owing to the higher demand for the geospatial technology in the real estate sector for developing smart cities.
Global Competitive Analysis
Challengers in the market who are constantly delivering customer value have devised their corporate strategy blueprint in a manner that can bring about the best outcomes for development in the current scenario, while also concurrently enhancing their product’s value. The capability to fuel their competitive edge is one of the chief causes powering their efforts in this period.
The opportunity for development in the industry appears to be encouraging through the forecast period. The escalating interest for diversification in the industry, has indirectly allowed the companies to utilize many scenarios available in the industry. This situation has created prospects for portfolio improvements along with diversification in the sector, which has enhanced the scenario for market competitors immensely in this industry. The firms in this industry are also trying to improve and preserve financial liquidity that can be vital to invest in growth prospects as and when they arise.
Industry Updates
As a result of its partnership with Mapbox, Microstrategy has rereleased a latest version of its Microstrategy 10 platform. The tools will enable Microstrategy users to apply analytics to discover large datasets, as well as geospatial data and real-time location data. The tools will help organize data within geographic boundaries, and zoom in at different levels to evaluate for trends.
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Traction Battery Market to Witness Significant Rise In Revenue
An electric-vehicle battery (EVB) or traction battery is a battery used to power the propulsion of battery electric vehicles (BEVs). Vehicle batteries are usually a secondary (rechargeable) battery. Traction batteries are used in forklifts, electric golf carts, riding floor scrubbers, electric motorcycles, electric cars, trucks, vans, and other electric vehicles.
Wi-Fi Chipset Market Growing Significantly
Research Nester has released a report titled “Wi-Fi Chipset Market – Global Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
Advancements in communication technology have grown multifold. Owing to such a factor, there is a rising need for faster transmission of data amongst wireless communicating devices. Continuous research and developments in wireless technology have led to the trade association between The Wi-Fi Alliance and numerous other technology companies for the promotion and development of WiGig or Wireless Gigabit Alliance technology.
With such a technology, wireless communicating devices can transfer data at gigabyte speeds operating over the unlicensed 60GHz frequency band. The need for such a technology and the trending shift in technology is anticipated to raise the demand for highly efficient and technically advance Wi-Fi chipsets.
Such a factor is anticipated to contribute significantly towards the growth of the global Wi-Fi chipset market.
Additionally, rise in the adoption of wireless communication devices globally and the growing IoT market, is also expected to help drive the global Wi-Fi chipset market. Wi-Fi Alliance, in one of their statistics stated that 4 billion Wi-Fi enabled devices were to be shipped in the year 2018 and 13 billion devices were already in use, calculating to a total of 21 billion devices in the same year. Moreover, the global economic value of Wi-Fi was recorded to be nearly $2 trillion.
The global Wi-Fi chipset market is anticipated to record a CAGR of around 4.13% during the forecast period, i.e. 2019-2027. The market is segmented by device type into smartphones, connected home devices, access point equipment, PCs, tablets and others.
Among these segments, connected home devices segment is anticipated to hold the largest market share on the back of growing adoption of IoT devices. IoT devices communicate with the help of Wi-Fi, which is expected to impact the sales of Wi-Fi chipsets. The GSM Association (GSMA) in one of their statistics stated that IoT connections were estimated to peak 25 billion connections from 9 billion connections in-between 2018-2025.
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Geographically, the global Wi-Fi chipset market is segmented by five major regions into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa region, out of which, Asia-Pacific is anticipated to hold largest market share owing to rise in the adoption of smartphones which is impacted by the growing telecom industry.
GSMA in another statistics stated that in the year 2025, smartphones will contribute to four in five internet connections globally. Moreover, Asia Pacific is expected to grow at 1.6x times with contributions peaking to 82% from 60% in-between 2018-2025.
However, concerns for high operational costs of the manufacturers owing to rapid change in technology, which requires manufacturers to spend on certification and licensing of the chips is estimated to act as a barrier to the growth of the global Wi-Fi chipset market.
This report also studies existing competitive scenario of some of the key players of the global Wi-Fi chipset market, which includes profiling:
- Intel Corporation (NASDAQ: INTC)
- Qualcomm Technologies, Inc. (NASDAQ: QCOM)
- Infineon Technologies AG (ETR: IFX)
- Broadcom (NASDAQ: AVGO)
- Celeno Communications
- Peraso Technologies Inc.
- Semiconductor Components Industries, LLC
- Cypress Semiconductor Corporation (NASDAQ: CY)
- Texas Instruments Incorporated (NASDAQ: TXN) STMicroelectronics (BIT: STM)
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Wi-Fi Chipset Market – Global Demand Analysis & Opportunity Outlook 2027”, analyses the overall global Wi-Fi chipset industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global Wi-Fi chipset market in the near future.
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Anemia Treatment Drugs Market to Grow at Double Digit Rate
According to the latest report published by Credence Research, Inc. “Anemia Treatment Drugs Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the Anemia Treatment Drugs market was valued at $23.2 billion in 2017, and is expected to grow at a CAGR of 16.4% during the forecast period 2018 to 2026.
Prebiotics Market Witnessing Rapid Expansion
Prebiotics are fibers that cannot be digested by the body. They act as food for the microflora (beneficial microbes) present in the stomach of humans as well as animals. A new report on the global prebiotics market, published by Market Research Future (MRFR), estimates that this market could watch expansion at 9.7% CAGR between 2019 and 2025. In terms of money value, the market can be worth $8,794.7 million by the end of the forecast period.
Anheuser-Busch InBev NV Leads the Global Beer Market
Beer represents one of the most widely consumed alcoholic beverages and has 3% to 40% alcohol content. It is fermented for a long-time using yeast, water, hops and malted cereal grains.
Strong Growth in Global Fiber Optics Market
Fiber optics, or optical fiber, is a type of technology that uses thin, transparent fibers made up of glass or plastic to transmit images, voice and data. A single optical fiber consists of three main components, including the core, cladding and buffer coating.
Cocoa Fillings Market Sees Sweet Growth
Global Cocoa Fillings Market is projected to grow at the CAGR of 4.70%. Cocoa & Chocolate Fillings are majorly used in bakery and confectionery products to give the product texture, sweetness, and flavor.
Automotive Industry Driving Automotive Actuators Market Growth
An actuator is a device that converts the energy supplied into force or action. It has been revealed in Market Research Future (MRFR)’s report that the Global Automotive Actuators Market. is expected to register 8% CAGR over the forecast period 2017 to 2023.
Global Dairy Packaging Market to Witness Massive Growth
According to the latest report by IMARC Group, titled “Dairy Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global dairy packaging market size reached $21.7 billion in 2018.
Growth of Smart TV Market Propelled by Rising Disposable Incomes
The global smart TV market is estimated to record a CAGR growth of 8.5% over the forecast period i.e. (2017-2024), owing to increasing disposable incomes of consumers, growth in global population and shift noticed in lifestyles of middle class individuals towards owning smart devices and products across the globe.
HR Analytics Market Sees Notable Growth
According to a new market report published by Credence Research, Inc., the global HR analytics market is expected to witness a growth of 12.8% CAGR during the forecast period from 2019 to 2027.
Rapid Adoption Driving Cleaning Robot Market Growth
According to Market Research Future Analysis, the global cleaning robots market is anticipated to grow at a CAGR of 16% through the forecast period, 2018-2023. The global cleaning robots market has been segmented into connectivity, usage, control, application, hardware, and region.
E-Cigarette Market Share And Growth Report
According to the latest report by IMARC Group, titled “E-Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of $11.5 billion in 2018. Looking forward, the market is expected to reach a value of $24.2 billion by 2024, exhibiting a CAGR of around 13% during 2019-2024.
E-cigarettes, also known as e-vaping devices, are battery-operated devices that emit vaporized nicotine or non-nicotine solutions for the user to inhale. Their objective is to offer a sensation similar to that of inhaling tobacco smoke.
E-cigarettes are mainly manufactured using four components, including a heating element, power source, cartridge and a mouthpiece, which is used for inhaling the solution. These cigarettes are gaining traction across the globe, especially among young adults, as they are considered safer than conventional cigarettes.
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The rising awareness among individuals about the harmful impact of conventional cigarettes, in confluence with the growing willingness to quit smoking, is bolstering the e-cigarettes market growth. Apart from this, some of the leading players operating in the industry are launching new generation products, which provide different strengths of nicotine and enable users to refill the cartridge.
These players are also forming alliances and partnering with small and domestic vendors to maintain their competitive edge in the market. Furthermore, the easy availability of flavored e-cigarette variants, such as mint, menthol, bubble gum and fusions of other fruits and flavorings, are expected to impel the market growth in the coming years.
Competitive Landscape:
The report has also examined the competitive landscape of global e-cigarette market. Some of the major players in the market are Philip Morris International, Altria Group Inc., British American Tobacco PLC, Japan Tobacco, Inc., Imperial Tobacco Group, International Vapor Group, Nicotek Llc, Njoy Inc., Reynolds American Inc., Vmr Flavours Llc., MCIG Inc., ITC Limited, J WELL France, etc.
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Blood Plasma Products Market Annual Growth Rate Of 6.6% And Climbing
The global blood plasma products market should reach $35.5 billion by 2023 from $25.7 billion in 2018 at a compound annual growth rate (CAGR) of 6.6% for the period 2018-2023.
Digital Writing Instruments Market Registers Strong Growth
According to a new market research report published by Credence Research “Global Digital Writing Instruments Market (Product Type (Digital Pens/Pencils, Digital Styli); Modularity (PCs/Laptops, Tablets, Smartphones); Application (Digital Scanning, Digital Learning, Art & Design, Gesture Recognition, Others), Channel (E-commerce, Retail Stores), Technology (Wired, Wireless) – Growth, Future Prospects and Competitive Analysis,2019 – 2027”, the overall digital writing instruments market worldwide is has registered a value of $230 million in 2018 and is set to grow with a CAGR of 8.6 % during the forecast period.
Growth Of EMEA SCARA Robotics Market To Be Driven By Demand
The statistics portray the growing annual shipments of multipurpose industrial robots arising on the back of increasing deployment of robots across end user industries. Owing to factors such as integration of artificial intelligence with robotic technology, such as, machine learning, automation and computer vision among others, rapid development in the automation processes in industries in regards to the deployment of SCARA robots are being observed.
Double-Digit Growth in Home Theatre Market
The emerging trend in the global home theatre market is due to many factors such as vendors’ collaboration for dynamic product generation, increase in adoption of cloud services and expansion of big players in emerging markets.
Pharmaceutical Glass Packaging Market Expects Significant Growth
Pharmaceutical Glass Packaging Market Segments, Size, Share, Trends, Growth by forecast 2023 | Global Pharmaceutical Glass Packaging Market Information by Product (Glass Vials, Ampoules, and Cartridges), by Application (Generic Drugs, Branded Drugs, and Biological Drugs) and by Region – Global Forecast to 2023.
Rapid Upsurge in Scintillator Market
According to a new market research report “Scintillator Market by Composition of Material, Application (Healthcare, Homeland security, Industrial application, Nuclear Power Plants, and others), End Product (Personal Instrument, Hand-Held Instruments, Fixed, and Installed Instruments) & Geography – Global Forecast and Analysis to 2013 – 2020”, published by MarketsandMarkets, the scintillator market is expected to grow at a CAGR of 5.62% from 2014 to 2020, and reach $479.16 Million in 2020.
Global Agricultural Adjuvant Market to Witness Massive Growth
According to the latest report by IMARC Group, titled “Agricultural Adjuvant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global agricultural adjuvant market size reached $3 billion in 2018. Agricultural adjuvants are agents that are used to enhance the efficiency of pesticides, such as fungicides, herbicides, and insecticides.
Exhaust System Market Sees Strong Growth
The Exhaust System Market is estimated to be $84.8 billion in 2018 and is projected to reach $128.2 billion by 2025, at a CAGR of 6.08%. Increasing vehicle production, continuous upgrades in emission regulation, upcoming emission-related regulatory compliances in developing countries, and technological partnerships between OEMs and Tier I players are projected to drive the global exhaust system market.
Herbal Skincare Products Market Rising
Globally the herbal skincare products market share as one of the fastest growing skin care product range is estimated to escalate at a higher growth rate which is supported by the rising mass consumer demand for natural and effective products. Rapid urbanization and increased disposable income has led to consumers’ inclination towards purchase of personal care products with organic ingredients which also has a positive impact on this market.
Exponential Growth in Nanoelectromechanical Systems Market
According to a new market research report “Nanoelectromechanical Systems (NEMS) Market (2012 – 2022) by Applications (STM/AFM, Medical, Gas/Flow Sensor, RF), Products (Switches, Cantilevers), Components (Nanotubes, Nanowires, Nanofilms), Materials (Graphene, ZnO, SiC, GaN, SiO2)” published by MarketsandMarkets, the total market is expected to reach $108.88 million by 2022, at a CAGR of 29.69% from 2012 to 2022.
Bioliquid Heat and Power Generation Market Energized
The bioliquid heat and power generation market is expected to grow from an estimated value of $1.67 billion in 2017 to $2.29 billion by 2022, at a CAGR of 6.54%, from 2017 to 2022. The bioliquid heat and generation market is driven by factors such as the easy availability of feedstocks and reduction in carbon emissions.
Double-Digit Growth in Cloud Computing Market
The Global Cloud Computing Market is slated to expand at a moderate 19.4% CAGR, registering a substantial market valuation of $340.5 billion in 2024, over the forecast period.
Growing Demand Driving Turbocompressor Market
The turbocompressor market is projected to grow from an estimated $12.15 billion in 2016 to $15.81 billion by 2021, at a CAGR of 5.4% from 2016 to 2021. The increasing LNG trade between nations and rapid industrialization in regions such as Asia-Pacific, Europe, and the Middle East & Africa., the growing demand for energy, and investments in sectors other than oil and gas are expected to drive the market for turbocompressor.
Mobile Applications Market to Witness Tremendous Growth
According to a new market research report published by Credence Research “the overall mobile applications market worldwide was valued at $109.67 billion in 2018 and is set to grow with 15.60% CAGR during the forecast period.”
Double-Digit Growth in Global Organic Baby Food Market
According to the latest report by IMARC Group titled, “Organic Baby Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 6 Billion in 2018. Looking forward, the market is expected to reach a value of US$ 11 Billion by 2024, exhibiting a CAGR of around 11% during 2019-2024.
Robust Growth in Automatic Checkweigher Market
The automatic checkweigher market is expected to grow from $238 million in 2019 to $289 million, at a CAGR of 4.0%. Factors that augment the growth of the automatic check market include growing awareness among manufacturers about deployment benefits of automatic checkweighers and tightening regulatory norms pertaining to the packaging of goods.
Metal Cutting Tools Market Growing Strong
Global Metal Cutting Tools Market Research Report: Information by Tool Type (Indexable Inserts and Solid Round Tools), Material Type (Cemented Carbide, High Speed Steel, Stainless steel, Ceramics, Polycrystalline Diamond, Cubic Boron Nitride and Exotic materials), Application (Automotive, Aerospace & Defence, Construction, Electronics, Oil & Gas, Power Generation, Wood, Die and Mold and others) and Region (North America, Europe, Asia–Pacific and Rest of the World) – Forecast till 2024.
Aquaculture Market Sees Robust Growth
Global Aquaculture Market is expected to demonstrate lucrative growth opportunities for the key players during the forecast period due to the technological advancements in aquatic farming and harvesting. Additionally, the wide applications of aquatic species in agriculture, pharmaceutical industry, and the personal care industry are further fueling the growth of the global aquaculture market which is projected to register a significant growth rate of 5.1% from 2019 to 2024 and reach a market value of $207 billion by the end of 2024.
Advancements in Factory Automation to Trigger Fourth Industrial Revolution
Automation systems have become the backbone of the industrial production system. Industrial or factory automation is a vast field that requires immaculate integration of machinery, software, and information systems. It is essential to achieve increased production of superior quality goods at lower cost with increased flexibility and high accuracy.
Smart Agriculture Market Sees Strong Growth
The smart agriculture market is estimated to be worth $7.53 billion in 2018 and is projected to reach $13.50 billion by 2023, at a CAGR of 12.39% during the forecast period. Factors such as increasing adoption of technologies in agriculture, rising need for monitoring livestock performance and health, government’s support to adopt modern agricultural techniques, and increasing demand for food worldwide is driving the growth of smart agriculture market.
Exponential Growth in Heterogeneous Mobile Processing & Computing Market
The need for better performance and improved efficiency in the mobile phones market is expected to drive the growth of the Heterogeneous Mobile Processing and Computing market; for instance, ‘big LITTLE’ is a heterogeneous computing architecture developed by ARM Holdings Plc. (U.K.), which significantly improves the computational power and performance of the System on Chip (SoC).In the overall market, the consumer electronics sector is expected to be the highest revenue generator and lead the market from the demand side.
Global NPK Fertilizers Market to Reflect Impressive Growth
Global NPK Fertilizers Market By NPK Fertilizers (Feed-grade and Food-grade), Application (Bakery Products, Dairy Products, Meat & Meat Products, and Beverages), Form (Powder, Liquid, and Others), Type (Nitrogen, Phosphorus, Potassium, and Others), Livestock (Ruminants, Poultry, Swine, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.
Double-Digit Growth in Electrical Digital Twin Market
The global electrical digital twin market is projected to reach $1.642 billion by 2024 from an estimated $804 million in 2019, at a CAGR of 15.4% from 2019 to 2024. This growth can be attributed to the improved accuracy and efficiency in power sector operations, streamlined integration of renewable energy technologies, and reduced unplanned downtime and maintenance cost.
Mobile Data Protection Solution And Services Market Taking Off
The market for mobile data protection solutions and services is set to grow over the forecast period with a CAGR of 21.5%. Increasing adoption of cloud computing and advanced technologies across the organization drives the global mobile data protection solution and services market.
USM (Used Serviceable Material) Market Taking Off
Global Used Serviceable Material (USM) Market Research Report: Information by Product Type (Engine, Components and Airframe), Aircraft Type (Narrow Body, Wide Body, Turboprop and Regional), Provider Type (OEM and Non-OEM) and Region (North America, Europe, Asia-Pacific, The Middle East and Africa and Latin America) – Forecast till 2024.
Exponential Growth in Cognitive Analytics Market
According to the new market research report “Cognitive Analytics Market by Application (Fraud and Risk Management, Customer Analysis and Personalization, and Sales and Marketing Management), Component, Deployment Model, Organization Size, Industry, and Region – Global Forecast to 2022″, the cognitive analytics market is expected to grow from $1.84 billion in 2017 to $10.95 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period.
Passenger Car Sensors Market Growing Impressively
The Asia Pacific Expected to Contribute Most Significantly to the Growth of the Global Passenger Car Sensors Market. Global Passenger Car Sensors Market to Grow Steadily Through the Forecast Period 2016 to 2022.
Industrial Gearbox Market Driven by Increasing Efficiency
The industrial gearbox market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023. Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the industrial gearbox market. In addition, increasing investments in renewable power generation, with a skew towards wind power, is driving the industrial gearbox market.
Hair Care Products Market Growing Strong
Global Hair Care Products Market Research Report: Information by Type (Shampoo, Conditioner, Hair Oil and others), Distribution Channel (Store-Based and Non-Store-Based), Region (North America, Europe, Asia-Pacific and Rest of the World) Industry Forecast till 2024.
MV Protection Relay Market Sees Increasing Demand
The MV protection relay market is expected to grow from an estimated $860 million in 2018 to $1.1 billion by 2023, at a CAGR of 5.33%. Expansion of transmission & distribution (T&D) networks and growth of the renewable sector are likely to drive the MV protection relay market.
Robust Growth in Heat-Shrink Tubing Market
The global Heat-Shrink Tubing Market is projected to reach $2.3 billion by 2024 from an estimated $1.8 billion in 2019, at a CAGR of 5.3% during the forecast period. Increasing investments in the electrical networks, increasing demand for reliable and secure power supply worldwide, and growing adoption of renewable energy sources across the globe are likely to drive the heat-shrink tubing market.
Switchgear Monitoring System Market Sees Strong Growth
The switchgear monitoring system market is projected to reach $2.0 billion by 2023 from an estimated $1.4 billion in 2018, at a CAGR of 7.83% from 2018 to 2023. As the global demand for electricity is increasing at a very high rate, to meet the rising power demands, new power plants are being installed at a rapid pace. This would drive the demand for switchgear monitoring system.
Strong Demand Driving Global Jute Bag Market
According to the latest report by IMARC Group, titled “Jute Bag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global jute bag market reached a value of $1.8 billion in 2018. Jute, also known as golden fibre, refers to a natural fibre which is derived from jute plant.
Explore the Benefits of Container Homes
When it comes to your living abode, you would definitely want to make it as comfortable as you can, something which would not only replicate your personality, but a little of your taste as well. So, just imagine the kind of impression you’d be making if you just invite someone to your downtown edgy and funky shipping container home!