Medical Nonwoven Disposables Market forecast to surpass $12bn by 2024

The research report on “Medical Nonwoven Disposables Market Size By Product [Hygiene (Incontinence Pads & Ostomy Liners, Panty Shield, Disposable Underwear, Disposable Diaper (Ultra-Absorbent, Super-Absorbent, Gender-Specific, Biodegradable, Regular Diapers), Medical Supplies (Disposable Surgical Mask, Surgical Drape, Cap, Gown, Sterile Nonwoven Swab), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc., “medical nonwoven disposables industry worth over USD 6.98 billion in 2015, is projected to record a CAGR of 7% over the period 2016-2024.

 

Sheer vulnerability to hospital acquired infections and rising cognizance about these diseases will boost the medical nonwoven disposables market. Geriatric population rise leading to urinary incontinence will offer lucrative avenues for the medical non-woven disposables industry. Advancements in healthcare technology such as peach mat absorbent core technology and micro encapsulation technology which helps high-level safety to incontinence patients and urine absorption respectively are expected to widen medical nonwoven disposables market size.

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Emerging economics, growing awareness towards incontinence, and introduction of premium quality surgical and medical disposals have resulted in wide acceptance of non-woven disposal products.

Based on products, the global medical nonwoven disposables market is fragmented into disposables nonwoven hygiene products and disposables nonwoven medical products. The nonwoven disposables hygiene products industry is slated to surpass USD 6.5 billion by 2024, primarily driven by the growing prevalence of incontinence.

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Medical supplies non-woven disposables include disposables surgical masks, caps, drapes, sterile nonwoven swab, and gowns. Disposables surgical drape segment dominated the medical supplies product landscape and is forecast to reach a revenue worth over USD 2.5 billion by 2024.

The expansion of global medical nonwoven disposables market can be credited mainly to three geographies, North America, Europe and Asia Pacific. US medical non-woven disposables industry worth over USD 2 billion in 2015 is anticipated to show substantial growth over the coming years, driven by the increasing demand for incontinence products by women and children. An estimation shows that approximately 28 million people in North America use incontinence disposables products of which women hold a larger share of 33% followed by 10% geriatric population.

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Japan accounted for a major portion in the Asia Pacific medical non-woven disposables industry by contributing 47% of the total revenue in 2015 and is predicted to record a revenue worth USD 1.2 billion at an annual growth rate of 6.5% over 2016 to2024.

Europe led by Germany is expected to exhibit a widespread growth in the medical nonwoven disposables market, mainly owing to the stringent government norms put forth in these regions.

Market players are focusing on high-quality nonwoven disposables products with the ceaseless technological advancement. Notable participants in the nonwoven disposables market include Kimberly Clark Corporation, Inc., Svenska Cellulosa Aktiebolaget (SCA), and Covidien.

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Healthcare Revenue Cycle Management Market share to grow at 11% CAGR from 2016 to 2024z

The medical industry report Healthcare Revenue Cycle Management Market Size By Product (Integrated, Standalone), By Deployment (On-Premise, Cloud Based), By Component (Services, Software), By End User (Hospitals, Physicians, Diagnostic & Ambulatory Care Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Brazil, Mexico, South Africa, Saudi Arabia), Growth Potential, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc. says Healthcare Revenue Cycle Management Market size is poised to surpass USD 100 billion by 2024.

 

The medical sector is undergoing a series of interminable changes over the last few years. In consequence, healthcare revenue cycle management market is set to witness a marked ascent pertaining to the rising need for timely bill reimbursements and insurance claims. Increased complexity in the medical coding process has led to the necessity of revenue cycle management solutions that help reduce billing errors. Healthcare spending is projected to grow rapidly over the span of the next few years, which will lead to the government implementing cost-cutting measures such as reduction in bill reimbursements. Both the aforesaid factors will have a positive impact on healthcare revenue cycle management market, which, according to Global Market Insights, Inc., was worth more than USD 39 billion in 2015. The rise in the number of medical care providers adopting revenue cycle management practices will further augment this market, which will grow at a CAGR of 11% over 2016-2024.

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The healthcare sector has been expanding rapidly across the globe, which has led to a surge in the implementation of revenue cycle management services. Germany accounted for more than 20% of Europe healthcare revenue cycle management market in 2015 and is forecast to grow significantly over the coming years. This growth can be primarily attributed to the rising adoption of big data analytics, increased healthcare spending, and convenient government norms in the region.

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The U.S. Patient Protection and Affordable Care Act signed in 2010 has enabled several changes in the medical sector, which has ensured compulsory medical insurance and increased Medicaid coverage in the U.S. This statute is expected to significantly propel U.S. healthcare revenue cycle management industry, which will exceed USD 38 billion by 2024. Strict government regulations coupled with the existence of strong market players will also augment the regional growth.

A tremendous increase in business digitization and rising demand for medical insurance will impel China healthcare revenue cycle management industry, which is slated to grow at a rate of more than 15% over 2016-2024. The growing elderly population pool, the subsequent rise in illnesses, and the rising penetration of IT in healthcare will lead to a massive requirement of reliable insurance policies, which will further propel China healthcare revenue cycle management market, which is set to surpass USD 5 billion by 2024.

The surging development in cloud computing industry has increased the necessity of cloud services in practically every industry, the healthcare sector bearing no exception. Cloud-based healthcare revenue cycle management market contributed extensively toward the overall revenue share in 2015, driven by the rising popularity of cloud-based systems. Since these systems are less expensive than their on premise counterparts and can be installed more conveniently, they are extensively adopted across the medical sector, in response to which cloud-based healthcare revenue cycle management industry share will surpass USD 80 billion by 2024.

Integrated healthcare revenue cycle management market dominated the product landscape in 2015, holding 85% of the overall market share, with a valuation of more than USD 34 billion. This growth trend is anticipated to continue over the next few years, owing to increased product adoption by physicians. The fact that most buyers prefer integrated systems as opposed to standalone systems subject to the former’s benefit offering – medical billing, electronic health records, and patient scheduling, will also spur the industry growth.

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Physician billing organizations will remain a major end-user segment, having held 40% of the overall healthcare revenue cycle management market share in 2015. Rising adoption of these services to ease the billing process and claim insurance will lead healthcare revenue cycle management industry from physical billing organizations to grow at a CAGR of 12.3% over 2016-2024.

Healthcare revenue cycle management market services dominated the component landscape in 2015, with a contribution of more 63% in the overall share. Periodic upgradations in healthcare IT software will propel this market to hit a revenue of USD 70 billion by 2024. High demand to integrate medical systems with IoT will further augment healthcare revenue cycle management industry from services.

Key players accumulating a major share in healthcare revenue cycle management market include Athenahealth, CareCloud, Allscripts Healthcare Solutions, Experian, Cerner, Siemens Healthcare, GE Healthcare, Quest Diagnostics, and McKesson.

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Automotive Gesture Recognition Systems Market Trends, Growth and Industry Forecast 2016 – 2024

Research Report on “Automotive Gesture Recognition Systems (GRS) Market”; Increasing vehicle safety technology adoption to curb vehicle collisions is expected to prominently fuel the overall automotive gesture recognition systems market growth.

Automotive Gesture Recognition Systems (GRS) Market size is anticipated to witness exponential growth during the forecast timeline, owing to increasing awareness & regulations regarding driver safety and growing demand for application based technologies such as connected vehicles.

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Increased acceptance and maturity of gesture recognition technologies from consumer electronics industry is anticipated to positively impact the automotive gesture recognition systems market. United Nations is aiming to reduce the human fatality rates up to 50% by 2020, through its initiative 2030 Agenda for Sustainable Development. The requirement to achieve these propositions, requirement of these technologies is expected to propel automotive gesture recognition systems demand.

Low accuracy and reliability of software used is anticipated to restrain automotive gesture recognition systems market growth. Moreover, robust vision methods requirement to capture human motions such as facial expressions, hand tracking or gaze direction by visual sensors. Human errors and potential receiving discrepancies are anticipated to hamper the overall automotive gesture recognition systems market growth.

These haptic feedback solutions are featured to restrict driver distraction and ensure safety, are expected to pose significant threat to automotive gesture recognition systems market. Tier 1 suppliers that include Continental and Bosch among few other have already introduced infotainment products with haptic touch controls to cater the increasing demands.

Industry participants’ requirement to differentiate their automobiles in the competition will provide viable growth opportunities to technology vendors offering automotive gesture recognition systems in gear shifts, multimedia, and lighting systems. For instance, in June 2015, BMW implemented gesture recognition in its Series 7 cars. Such strategies to enhance consumer inclinations are expected to encourage other OEMs to implement this technology in next generation cars, thus providing huge impetus to automotive gesture recognition systems market growth.

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On the basis of applications automotive gesture recognition systems market segments include lighting systems, door/window opening/closing, multimedia/infotainment navigation and gear shifting. Multimedia is projected to have largest industry share, due to growing focus on driver distraction reduction. Automobile electronic manufacturers and OEMs are anticipated to increasingly focus on user experience enhancement and provide convenience in operating navigation or infotainment systems.

Some major players in automotive GRS market include Continental AG, EyeSight Technologies Ltd., HARMAN International, CogniVue, Neonode, Texas Instruments, Renesas, Melexis, Thalmic Labs, NXP Semiconductors, SoftKinetic, Qualcomm Inc., Synaptics Inc., Cognitec Systems GmbH, Visteon Corp., PointGrab, and Omek Interactive Ltd.

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Automotive HMI Market Growth, Trends and Industry Forecast 2016 – 2024

Research Report on “Automotive HMI Market”; Extensive co-relation of the automotive HMI systems and the electronic devices & components used in vehicles which provide scaled economies are expected to prominently fuel the automotive HMI market.

Incorporation of driver warning systems with these interfaces helps to identify and deal with the problems faced by the vehicle and forthcoming on road difficulties efficiently. Moreover, it is attributed with features such as driving assistance, comfort, and active stability management of the vehicles to lower the engine workload.

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Original equipment manufacturers (OEMs) are increasingly investing in improvement of such technologies for increased consumer convenience. Growing adoption of these technologies and increasing government concerns for enhanced in-vehicle safety are projected to propel the overall automotive HMI market demand.

Lack of standardization and increasing design complexity of these human machine interfacing systems are expected to present potential threats to the business growth. Industry has witnessed significant distinction in the regional norms related to the devices application, its privacy standards and fuel efficiency limits.

Automakers are gaining higher inclinations towards holistic systems enhancement due to the growing adoption of these systems. For instance, in January 2016, Continental AG developed HMI system that operates in accordance to driver’s situation, environmental conditions and provides the drivers with a non-distracting and clear interface by using the Active Matrix Organic Light Emitting Diode (AMOLED) displays.

Based on technology, the automotive HMI market is bifurcated into visual and acoustic interfaces. Visual interface segment held the highest industry share in 2015, owing to the factors such as consumer electronics enhancements, incorporation of major interfaces into the systems and the preferences of consumers.

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Automotive HMI market is categorized into the instrument cluster, voice control, HUD, central display, and RSE displays, on the basis of the products. HUD segment is projected to dominate the industry share pertaining to its featured safety applications.

Increasing demand of comfortability, premium features and rising disposable income in emerging economies that include China and India are the prominent factors influencing regional growth. U.S. automotive HMI market contributed major industry share owing to high consumer inclinations and presence of key industry players that include General Motors and Ford Motors in the region.

Key vendors in the Automotive HMI market include Continental AG, Delphi, Valeo, Alpine Electronics, Tata Elxsi, Visteon Corp., Altran Technologies, Voicebox Technologies, and Adient, Atmel Corporation.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Extruded Snacks Market Analysis, Size, Trends & Forecast 2017-2024

Global Extruded Snacks Market size is likely to expand at a prominent CAGR in the forecast period. Extruded snacks are derived through extrusion operations of blending, pre-conditioning, extrusion, drying, flavoring and packing.

 

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The prime factor responsible for fueling the global extruded snacks market size in future is the growing consumer preference towards ready-to-eat packaged food, which is convenient to cook and requires less cooking time. This transformation in consumer behavior can be attributed to the rising disposable income across the globe, which increases the spending capability of consumers on daily convenience products as per their needs and wants. Growing urban population is also a major growth driver for extruded snacks market in the forecast duration. Moreover, healthy snacking is considered beneficial in weight loss plans and snacks provide required nutrients and vitamins needed by body. Thus, rising demand for healthy snacking and weight management will fuel product demand throughout the globe over the forecast timespan.

Introduction of regional and local flavors in extruded snacks by the major extruded snacks market share contributors is an effective tactic to adopt to penetration the in local market and understand consumers taste and preferences. Furthermore, aggressive marketing strategies and competitive pricing by major companies is anticipated to accelerate product demand and eventually expand the extruded snacks market size in the coming years.

Amplified consumer spending is being observed in recent years on products ranging from frozen food products to packaged beverages. This is due to the changing lifestyle patterns (food habits). This transformation in consumer behavior is anticipated to drive the food industry growth significantly, which in turn, is likely to accelerate the product demand in the coming years, which will subsequently boost the extruded snacks market size across the globe.

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Based on type of product, the extruded snacks market can be segmented into potato, corn, mixed grains, tapioca and rice. The potatoes segment is the largest and accounted for a major chunk in the global extruded snacks market in 2016. Robust consumption of packaged foods in North America and Europe is a major driver for potatoes demand in the global extruded snacks market share.

The extruded snacks market, based on distribution channel can be classified into hypermarkets & supermarkets, independent retailers and convenience stores. Hypermarkets and supermarkets contributed to a significant share in global extruded snacks market in 2016. The main factor for extruded snacks market growth in this distribution channel is the multiple options and varieties of products and brands available to the consumers. Moreover, customers prefer supermarkets and hypermarkets as they provide self-picking shopping experience and price comparison convenience at the shopping venue. Also, in-store promotions and manufacturers’ dependence on shelf space of these channels shall positively influence product demand in the coming years.

Asia Pacific accounted for a major share in overall extruded snacks market in 2016 and is likely to be the largest market for the product by 2024. This can be attributed to the widespread availability of different snacking options made available at pocket friendly prices in this region. Furthermore, consumers in Asia Pacific are product cost conscious and competitive prices offered from prime companies ultimately boosts product demand in this region.

The prominent extruded snacks market share contributors are Calbee, Diamond Foods, Kellogg’s, ITC, Old Dutch Foods, Frito-lay and Amica Chips, Mondelez International, JFC International, Aperitivos Flaper, Bag Snacks, Universal Robina and Arca Continental.

The key extruded snacks market players are emphasizing on partnerships, mergers & acquisitions to expand their product portfolio, increase their market share and to penetrate their offerings into less explored countries. For instance, companies including Calbee, Diamond Foods and Old Dutch Foods operates mainly through its potato chips segment and continuously experiment on their pricing strategies to survive in competition. Also, various industry share contributors are continuously investing in R&D to push product innovation to next level. This aids in keeping up with demands of existing customers and attract new customers.

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Aerated Confectionary Industry Analysis, Trends and Future Challenges from 2017 to 2024

Global Aerated Confectionary Market size is likely to register considerable growth rate between 2017 and 2024. The growth is associated with health benefits offered by these products as compared to normal confectionary products.

 

Aerated confectionary products are basically aerated gel products, it contains combination of carbohydrates, sugar and several types of flavors, colors, whipping agents, stabilizing agents, and glucose syrups. Aeration of confectionary items provides the benefits of reduced sweetness, decrease in cold flow & stickiness, higher stability, reduced density, and increased volume. The process makes product less satiating and improves overall appeal and flavor of the confectionary item. These advantages provided by aeration process is anticipated to develop aerated confectionary market in forecast period.

Aeration process is carried out using various aerating agents that includes saponin, intact proteins, and hydrolyzed proteins. Stabilizers used in this process are whipping and gelatin agents. Gelatin acts as a binder, stabilizer and foaming agent in aeration process and provides a chewy and creamy texture to the product. Correspondingly, whipping agent boosts aeration and modifies texture of the confectionary item. Consumers are getting attracted to these textures of the product and will propel aerated confectionary market during the forecast timeframe.

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Aerated confectionary products have lower calories and sugar content as that of normal confectionary items, this is attracting health conscious customers for its consumption. Growing number of confectionary applications such as nougats, marshmallows, fudges, toffee, caramel, gummies, jellies, coatings, fillings, chocolate treats and hard candy is projected to increase the requirement of aeration process. Increased research and development of manufacturers in the field of aerated products and rising consumer awareness regarding its health benefits is projected to fuel aerated confectionary market between 2017 and 2024.

Based on the aeration process, the market is segmented as chemical aeration and mechanical aeration. As per the products of aerated confectionary it is classified as gum & jelly products, caramels & nougatines, sugar based products and chocolate based products. The various types in the market include egg white aerated confectionary, extruded aerated confectionary, extruded marshmallow, deposited marshmallow and nougat.

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North America is anticipated to contribute significantly in the global aerated confectionary market between 2017 and 2024. Increasing food & beverage industry and an established confectionary market in U.S. is likely to fuel growth of the market. Asia Pacific is following North America in terms of consumption of the product. Growing rate of diabetes and heart diseases in India and China is making its population more health conscious. Further, increasing fad amongst youngsters for attractive food items is projected to boost aerated confectionary market in near future. Europe is recognized globally for its frozen food market, and most of the applications of the product are in frozen market such as toffee, chocolate treats, fudges, fillings, jellies and gummies. Germany has grown as a healthy liquor chocolate market in last decade, that has enhanced consumption of aerated confectionary in the country. Middle East & Africa and Latin America are at a nascent stage in the market but will depict a positive outlook owing to the developing demand of confectionary applications in these regions.

Prominent manufacturers in global aerated confectionary market are Danisco A/S, Yildiz Holding, Orion Corporation, United Confectionery Manufacturers, August Storck KG, Haribo GmbH & Co. K.G, Perfetti Van Melle Spa, Chocoladenfabriken Lindt & Sprüngli, Hershey Foods Corporation, Meiji Co. Ltd, Nesté, Ferrero Group, Mondelez International, and Mars, Inc

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Timing Device Market – Global Industry Analysis, Trends and Forecast 2016 – 2024

The research report Timing Device Market in Asia Pacific is anticipated to grow at a fast pace during the forecast timeframe owing to increase in developments in consumer electronics, automotive, and manufacturing sectors. Several countries including India, China, and Taiwan offer products such as micromechanical systems (MEMS) oscillators, and quartz crystal at affordable prices. Moreover, several medium and small-scale electronic equipment manufacturers in the region are integrating timing systems with their products.

Timing Device Market size is anticipated to witness growth during the forecast period owing to an increase in demand across applications such as healthcare and medical equipment. Crystal units are used in life-sustaining and implantable devices such as pacemakers. Oscillators are used in non-implantable and non-life sustaining gadgets.

Increasing adoption of advanced automotive electronics and growing demand for mobile gadgets are expected to drive the timing device market growth. The adoption of smart grid technology will increase owing to the growing use of time-sensitive smart meters for grid frequency management. Constant technological optimization and demand for Integrated Circuits (ICs) are rising. This is expected to fuel timing device market growth, particularly in the semiconductor clocks segment.

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The use of timing devices is essential to maintain system flow due to an increase in the importance of communication and information in technology. These gadgets enable the integration of user actions, delivery of optimum power, and waste reduction. Various electronic tools require timing clicks to ensure proper functioning. For instance, electronic devices, such as security systems, smart meters, and banking systems, run on time information basis. These keep accurate track of time and enable effective functioning, which will boost the timing device market growth.

The growing use of these devices in automotive electronics is expected to drive the timing device market over the forecast period. These are used in car navigation systems, in-vehicle audiovisual equipment, safety control systems, and driving control systems. These are also used in cloud big data applications owing to their capability to interface with commonly used storage ICs, better timing, and improved system optimization. Most of these devices are temperature-sensitive and hard to design.

The timing device market is segmented on the basis of material used, type, and end-use. Based on materials used, the market is segmented into ceramic, crystal, and silicon. The silicon-based types are expected to gain significant share during the forecast period. Silicon types are relatively insensitive to shock, vibration, and effects of electromagnetic interference (EMI). Furthermore, the adoption of high-end silicon oscillators based on MEMS technology is on a rise owing to the development of semiconductor process technology and circuitry integration. These materials are expected to completely replace conventional quartz oscillators as the source of frequency in most electronic appliances, thus propelling the timing device market growth.

Based on the product type, timing device market is classified as oscillators, clock generators, resonators, jitter attenuators, and clock buffers. The oscillators are classified as crystal oscillators and MEMS oscillators. Oscillators are anticipated to be the fastest growing segment owing to the growing use by the automotive and consumer electronics segment. The growth in wearable and portable electronics segment is expected to drive oscillator demand. MEMS oscillators combine low power consumption with accurate frequency production and are increasingly gaining popularity. MEMS technology helps in energy saving and miniaturization of electronics accompanied with delivering high accuracy and stability. The timing device market is expected to gain momentum due to the increasing adoption of MEMS technology.

Based on end-use, the timing device market is segmented into computing tools, consumer electronics, automotive sector, telecommunications, and industrial sector. The consumer electronics segment is expected to hold majority market share during the forecast period owing to the rising adoption of sophisticated gadgets. The demand from automotive sector is expected to grow fast owing to the increasing automation and increasing demand for Automotive Driver Assistance Systems (ADAS). Timing devices are used in industrial equipment including endoscopes and ultrasound equipment and security systems such as CCTV & IPCAM, CNC machine controls, programmable logic controllers, smart energy meters, machine vision equipment, and home automation. These are used in communication infrastructure including home routers & gateways, broadband CPE, LTE base stations, GPON & EPON, and VoIP phones.

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Some of the key timing device market players include Seiko Epson Corporation, IQD Frequency Products Ltd., Nihon Dempa Kogyo Co., Ltd., Microchip Technology, Inc., TXC Corporation, Texas Instruments, Kyocera Corporation, Cypress Semiconductor Corporation, Murata Manufacturing Co., Ltd., Asahi Kasei Corporation, Rakon Ltd., Knowles Corporation, and Integrated Device Technology, Inc.

The timing device market is highly diversified and competitive in nature. It is characterized by the presence of a large number of international and regional players. Some competitive parameters adopted by competitors include timely delivery to end users, enhanced quality, product affordability, high reliability, and reduction in production costs. In addition, vendors in the timing device market are competing on the basis of factors such as maximum miniaturized version, longer battery capacity, and high accuracy & precision.

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https://www.gminsights.com/industry-analysis/electronic-toll-collection-market 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Enterprise Application Market share to hit $287.7bn by 2024

The technology research report “Enterprise Application Market Size By Product (CRM, ERP, SCM, Web Conferencing, Business Intelligence [BI], BPM, CMS, EAM), By End-Use (Manufacturing, BFSI, Healthcare, Retail, Government, Aerospace & Defense, Telecom & IT), By Deployment (On-Premise, Cloud), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, Japan, China, India, Mexico, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”; by Global Market Insights, Inc. says Enterprise Application Market size is expected to reach USD 287.71 billion by 2024; impelled by cloud computing adoption.

Enterprise application is a highly complex system deployed across corporate bodies to ensure real- time information flow along with smooth business operations. Growing demand for efficient IT infrastructure, rising internet connectivity, rapid adoption of cloud computing technologies, and growth in smartphones and mobile devices are the vital factors influencing the enterprise application market share worldwide.A huge adoption trend across various end-use industries such as Healthcare, BFSI, Manufacturing, Government, Retail, Telecom & IT, and Aerospace & Defense is boosting the global enterprise application market size. Enterprise application provides these industries with a wide set of solutions such as CRM, SCM, ERP, Business Intelligence [BI], Web Conferencing, BPM, EAM, and CMS. These solutions enable the users with better inventory management, quality management, customer engagement, and supply chain management.

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ERP market which accounted for 20% of the overall enterprise application share in 2015, is anticipated to register a CAGR of 7.7% over the coming eight years. Website content management, which has become an integral part of any organization is driving the growth of the CMS (Content Management System) market. CMS market share is estimated to exceed USD 8.5 billion by 2024. Owing to the growing demand for customer engagement management, CRM segment will also witness significant growth over the coming years, accounting for over 25% of the overall enterprise application market share by 2024.

Cloud based enterprise application, which accounted for 30% of the overall share in 2015, is gaining popularity among various sectors, particularly manufacturing and retail, due to increasing focus on cost optimization, growing internet connectivity and demand for enhanced accessibility. Also, on-premise deployment model is projected to witness a CAGR of 4.5% over the period of 2016-2024.

The implementation of enterprise application across various industries solely depends upon the requirements from the respective sectors. Enterprise application in the healthcare industry was worth USD 16.5 billion in 2015 and is forecast to grow at a CAGR of 8.9% from 2016-2024. The growth will primarily be driven by growing demand for real-time data transparency across this sector. Retail industry will also witness huge adoption of this system to ensure better customer management.

Global enterprise application market worth USD 150 billion in 2015, is forecast to register a CAGR of 7.6% over the period of 2016-2024. The North America market size is estimated to account for 30% of the overall revenue by 2024, driven by modern organizational structure and customer-centric approach of the companies across this region. The Asia Pacific market is anticipated to record a CAGR of 9.5% over the coming eight years, hitting USD 75 billion by 2024.  Technological advancements coupled with cloud-based solution demand by SMBs is likely to drive the regional demand.

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Novel IT developments like Big Data and Internet of things will bring immense growth opportunities for the market players. The participants will spend largely on R&D to develop innovative products and solutions in order to meet growing technological needs and most importantly to sustain competition. Startups and small scale industries will also share decent business space over the coming timeframe. Key market participants are IBM, Oracle, , Microsoft, SAP, Epicor Software, IFS, Infor, Hewlett-Packard, and QAD.

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https://www.gminsights.com/industry-analysis/connected-logistics-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Solar Control Window Films Market to grow at 11% CAGR from 2016 to 2024

The technology research report “Solar Control Window Films Market Size By Application (Construction, Automotive, Graphics/Decorative), By Absorber (Organic, Inorganic, Metallic), By Product (Clear, Dyed, Vacuum Coated, High Performance Films), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, Italy, France, UK, Spain, China, India, Japan, South Korea, Brazil, Argentina, Saudi Arabia, UAE, South Africa), Price Trends, Competitive Market Share & Forecast, 2016 – 2024”; by Global Market Insights, Inc. says Solar Control Window Films Market size is expected to reach USD 1.71 billion by 2024; impelled by increasing concern on reducing carbon footprint.

Solar control window films market is depicting an exponential growth globally, owing to the increased temperature gradient as a result of global warming. Now a days, it is extensively used in all the building constructions to create a protective layer between the building’s furnishings and harmful UV rays. In addition, usage of window film eliminates the danger and damage caused due to broken glass during any natural disaster and accidents like storms, earthquakes, and chemical explosion etc. This, in turn, will favorably influence solar control window films industry share.

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The main application areas of solar control window films industry include the automotive, construction, and graphics sectors. Automotive applications will record an annual growth rate of more than 11% over the period of 2016 to 2024. The growth can be attributed to the usage of film coatings on automotive glasses to help reduce fuel consumption by minimizing the load on the vehicle’s air conditioning system. In response to this factor, the enormously expanding automotive industry will create huge growth prospects for the solar control window films market over the years ahead.

In 2015, solar control window films market from the construction application segment generated a revenue of USD 370 million and is poised to grow lucratively over the coming timeframe. The growth can be credited to the growing usage of glass to reduce the need of artificial light source and enhance appearance.

Based on the absorbers, solar control window film industry is bifurcated into inorganic, organic, and metallic absorbers. Metallic absorber market is anticipated to exhibit a CAGR of more than 11% over the coming seven years, owing to its extensive use across the various end-use sectors to address the décor requirements of the infrastructures.  Organic solar control window films market will collect a revenue of around USD 240 million by 2024.

Considering the product segmentation, solar control window films market is mainly divided into vacuum coated, dyed, high performance films, and clear window films. Vacuum coated solar control window films industry will record an annual growth rate of more than 11% over the coming years of 2016 to 2024, primarily driven by its key properties such as consistent coating and high reflectivity.

Geographically, Asia Pacific solar control window films market will generate a revenue of USD 540 million by 2024. The huge investment in the automotive and construction sector will augment the industry growth. India and China will be the major revenue contributors toward the development of the APAC market.

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North America solar control window films industry was worth more than USD 155 million in 2015 and will register substantial growth rate over the period of 2016 to 2024. High demand for energy conservation coupled with increasing health awareness are estimated to be the prime drivers of the regional growth. U.S. is projected to be the major regional revenue pocket.

The noteworthy participants in solar control window films market are Solar Control Films Inc., Thermolite, LLumar Window Films, Vista Windows Films, CPF Films, Johnson Window Films, Eastman Chemical Company, Polytronix, Inc., CHB Industries Inc., Madico Inc., Pleotint LLC, and Solamatrix, Inc.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global ESL Market share to grow at 18% CAGR from 2016 to 2024

The research report Electronic Shelf Label (ESL) Market Size By Product (LCD, Segmented e-paper, Full Graphic e-paper), By Technology (Radio Frequency, Infrared), By Application (Hypermarkets, Supermarkets, Non-food Retail Stores), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Russia, France, India, China, Japan, Mexico, Brazil), Growth Potential, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc. says Electronic Shelf Label Market size is estimated to reach USD 1.25 billion by 2024; driven by rising applicability due to the real-time product positioning.

Escalating demand for LCD and E-paper to display the product pricing will fuel electronic shelf label (ESL) market growth over the next few years. High need for automation across retail sector is expected to drive the industry trends in the near future. Moreover, next generation electronic shelf label with advanced features such as long battery life, indoor mapping & navigation technology, and real-time bi-directional responsive system is expected to foster the industry growth over the coming years. High ROI in a short period and ability to make dynamic product allocation will generate lucrative avenues for the ESL industry.

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Low power operability as well as enhanced capability for price change per time slots will lead to rise in the rate of acceptance of electronic shelf labels across various sectors. Furthermore, software solutions used for updating the online prices of the in-store items will enhance the usability of electronic shelf labels, further driving the ESL industry growth.

Electronic shelf labels are extensively used across non-food retail stores, hypermarkets, and supermarkets. Hypermarkets, which accounted for 45% of the global ESL industry share in 2015, will witness a considerable growth over the coming timeframe. High preference for automated systems will drive the revenue. Electronic shelf label (ESL) market size in non-food retail stores sector is expected to surpass USD 200 million by 2024. Growing popularity of electronic shelf labels across multi-chain stores as well as single stores will drive the growth. Supermarkets are expected to contribute significantly towards the overall revenue over the coming timeframe.

Based on the various communication technologies, Electronic shelf label (ESL) industry is segmented into RF (Radio Frequency) and infrared communication technologies. RF communication technology, which contributed over half of the global revenue in 2015, is projected to drive the industry share over the period of 2016-2024. High application of this technology across ZigBee, Z-wave, Bluetooth low energy, and Wi-Fi segments will drive the growth. IR (infrared) communication technology, which accounted for 40% of the Electronic shelf label (ELS) market share in 2015, will witness a substantial surge over the next few years. Beneficial features such as high security, cost-effectiveness, and wide communication range have added to its growing popularity across various segments.

Below are the regional trends positively impacting electronic shelf label (ESL) market over 2016-2024

  • Asia Pacific electronic shelf label (ESL) industry is expected to display a high growth potential over the coming seven years. Presence of large number of start-up firms, low costs, and a growing consumer base are few of the factors predicted to contribute substantially towards the regional growth.
  • Rapidly expanding retail sector is expected to drive North America electronic shelf label (ESL) market value over the coming timeframe. U.S. is anticipated to make substantial contributions towards the regional share.

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Market players will focus on R& D investments and introduce new products to gain maximum ROI. Key industry participants include LG Innotek, M2Communication, E Ink Corporation, Wincor Nixdorf, Altierre Corporation, and Displaydata.

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About Global Market Insights 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
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Global Market Insights, Inc.
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