Geothermal Heat Pump Market share growing at over 13% CAGR from 2016 to 2023 : Global Market Insights Inc.

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High efficiency and substantial energy savings is expected to fuel geothermal heat pumps market growth from 2016 to 2023. Unfavorable climatic conditions are also forecast to boost demand over the forecast period. These products are majorly used for cooling or heating the interiors of an entire building and pool water. They are also known as ground source heat pump and transfer the heat stored in the ground into a building during winters and vice-versa during summers.

Geothermal heat pump market size is anticipated to exceed USD 130 billion by 2023, growing at over 13% CAGR from 2016 to 2023. Escalating need for low cost energy substitutes owing to rising oil prices is likely to drive industry demand over the forecast period. In addition, consequent hike in electricity and energy cost is forecast to positively impact the geothermal heat pump market size.

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Quiet operation and superior comfort are the key features anticipated to increase demand from 2016 to 2023. Ability to substitute traditional HVAC (heating, ventilating, and air conditioning) systems is predicted to boost consumption. Various regulatory hurdles associated regarding utilization of groundwater aquifers are anticipated to adversely impact growth from 2016 to 2023. In addition, air source heat pumps market is forecast to pose a threat to industry growth.

Installation of ground loops is mandatory during the system’s setup in order to provide platform for the heat exchange process. On the basis of technology, the geothermal heat pumps market includes open loop and closed loop systems. Closed loop systems are further segregated into vertical loop, horizontal loop, as well as pond or lake systems. These systems are predicted to occupy significant industry share owing to wide usage. As of 2015, they accounted for more than 80% of the installation across the globe. Open loop systems offer high efficiency and are highly dependent on the availability of adequate groundwater reserves.

Horizontal systems require digging trenches for installing the ground loops. However, vertical systems require drilling of vertical boreholes for placing the loops. The aforementioned products primarily find significance in low space applications, and are ideally used in closed loop systems. Pond or lake systems offer high efficiency and involve negligible earth moving expenditure. Surging needs to cut down the dependence on fossil fuels is predicted to propel the geothermal heat pump market share over the forecast period. In addition, high cost involved in installation of these devices may pose a challenge to the industry in the coming years.

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Increasing demand from countries such as India and China is likely to provide massive growth prospects to industry players. Attractive payback period associated with the installation of these products in newly-built or green homes is expected to positively impact demand over the forecast period. In addition, easy financing along with high reliability offered by these devices is forecast to fuel the geothermal heat pumps market demand over the next seven years.

Based on end-use, the industry can be segregated into residential and commercial sectors. Both segments are further segregated into new building systems and retrofit systems. Retrofit systems are predicted to exhibit higher growth prospects when compared to new building systems.

Europe geothermal heat pumps market share is expected to witness high growth prospects. Sweden, Germany, France, and Switzerland are predicted to be key industries owing to rising replacement needs across the region. Asia Pacific is forecast to grow at a steady pace over the next seven years. China geothermal heat pump market size is likely to be the most attractive segment between 2016 and 2023.

Industry participants occupying substantial share include Dimplex, GeoMaster, WaterFurnace International, Bryant Heating and Cooling Systems. Other prominent industry players are Climatemaster, Danfoss, Enertech Global, NIBE, Kensa, and Ice Energy Technologies.

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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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Energy Efficiency Construction in Commercial sector to exceed more than 590 GW by 2023 : Global Market Insights Inc.

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The research report,Energy Efficient Construction Market having LED lights, HVAC systems, and solar power are the key product types. HVAC systems are expected to witness significant demand due to increase in trend for green technology and reducing operational cost. Energy efficient market size for these products is expected to surpass USD 7 billion during the forecast period.

Energy efficient construction market size is forecast to grow owing to support from regional governments in the form of incentives and promoting the technology through prescriptive measures and building codes. Rise in electricity prices is driving organizations and governments to install new technologies to control & monitor electricity usage in buildings.

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Increase in need to reduce carbon emissions and mange capital in a strategic way among government and corporate sectors were among the key driving factors for energy efficient construction market size growth. This technology is the most suitable way to reduce greenhouse gas emission & pollution and allows individuals and organizations to reduce operational cost and attain long term benefits.

LED lights are the most appropriate substitute for fluorescent lights & bulbs as they consumes less electricity and have longer life. Increase in electricity prices and growth in power consumption in offices and homes is expected to propel product demand.

In the commercial sector, major solar power installations were observed in hospitals, hotels, and offices. Batteries & chargers, attic fans, water heaters, and pool heaters are some residential applications. Cumulatively, over 175 GW of power was installed in 2015; it is predicted to exceed more than 590 GW by 2023, including both concentrated thermal power and photovoltaic.

Asia Pacific energy efficient building technologies market is anticipated to witness high growth owing to rapid industrialization and increase in power consumption. China and India is likely to be key contributing countries due to high population growth and large manufacturing plant set up.

Rapid industrialization and increase in trend for green technology is anticipated to provide a fillip to U.S. energy efficient construction market size. Europe energy efficient building market size is expected to witness notable growth; Germany, UK, and France are among key contributing countries owing to government regulations pertaining to control gas emissions and environment consciousness among end-users.

Saudi Arabia, Turkey, and Qatar are predicted to positively influence Middle East & Africa energy efficient construction market growth owing to increase in regional infrastructure spending. Countries with low capital such as Nigeria and Zimbabwe may witness sluggish growth due to high plant set up cost.

Applications can be bifurcated into homes, offices, institutional, and retail. Increase in consumer awareness pertaining to reducing electricity cost coupled with supportive government policies is likely to positively influence growth.

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Major power consumption is noticed in offices owing to presence of electronic equipment. Need to reduce operational cost accompanied by long term benefits from energy efficient building technologies market products are anticipated to fuel demand.

Institutional segment consists of hospitals, hotels, and colleges. Urgency to attain sustainable power products coupled with supportive government subsidies and rebates is likely to drive application demand.

The retail sector requires more electricity in order to execute marketing techniques for better product visibility and to make the store more attractive. Growth in the retail segment owing to shift in consumer shopping behavior is likely to propel demand.

Rebates, tax credits, and incentives from governments is likely to encourage architects and infrastructure companies to install and purchases new and energy efficient construction materials. However, high initial investment cost and lengthy payback period is likely to hamper growth.

Energy efficient construction market share is competitive and fairly consolidated; major players include Daikin, Honeywell, Hitachi Group, Mitsubishi Electric, Johnson Controls, Philips, OSRAM, Schneider Electric, Trane, and Siemens. Other companies include Ameresco, CBRE, Azbil, Danfoss, Cofely (GDF Suez), JLL, E.ON, NTT Facilities, and LG Electronics.

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https://www.gminsights.com/industry-analysis/building-energy-management-systems-bems-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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Plastic Fencing Industry Trend, Statistics, Market Report, 2023: Global Market Insights Inc.

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The research report ,”Plastic fencing market” size was valued at over USD 2.5 billion in 2015, with growth prospects of more than 5% from 2016 to 2023. Mounting demand for these products from numerous sectors such as commercial, residential, agricultural, and construction is likely to drive industry over the forecast period.

Global fencing market size was around USD 24 billion in 2015, and is estimated to surpass USD 32 billion by 2023.

Escalating demand for these products for enhancing the aesthetic appeal of buildings as well as construction sites is anticipated to propel global plastic fencing market size growth over the next seven years. In addition, rising safety and security concerns among people is also expected to fuel growth over the forecast period.

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The industry has witnessed growing customer interest in home improvement and home decor. Factors such as low cost, high durability and low maintenance have driven consumption.

Use of inferior products by unlicensed contractors may pose a challenge to companies operating in the industry. Low plastic fencing market price trend has encouraged adoption among consumers.

Based on end-use, the plastic fencing industry can be segmented into residential, commercial as well as agricultural. On the basis of product, the industry can be segregated into vinyl, HDPE, wood-plastic composites (WPC), polystyrene, and polyethylene.

Residential segment is predicted to witness substantial growth over the forecast period. Surging remodeling product and construction activity justifies residential demand over the forecast period.

Rising need to safeguard crops, farm animals as well as farm areas from wild animals and potential theft is expected to drive vinyl fencing market demand in the agricultural sector. Commercial or industrial segment is predicted to experience considerable growth due to growing demand from colleges, industrial premises and schools over the forecast period.

Escalating institutional construction as well as government spending for enhancement of parks, government premises and public places may boost demand. Attributes such as quality, cost, aesthetic value and design are forecast to be the key buying factors.

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Vinyl and wood-plastic products are expected to witness high growth prospects and are likely to replace wood products. Various plastic fence manufacturers are now developing products with earth tone colors, low gloss, and embossed wood grains to mimic wood. WPC fencing is predicted to have an edge over vinyl counterparts due to the availability of a wide range of darker colors.

Privacy fence is predicted to be the most popular type installed in residential applications. Chain link fence is one of the lowest priced products and is a preferred choice for homeowners owing to its high effectiveness for security as well as low cost.

North America plastic fencing market size is forecast to continue its dominance owing to presence of large number of production units across the region. Asia Pacific PVC fencing market is expected to experience high growth prospects over the forecast period.

Industry participants comprising plastic fencing market share include CertainTeed, Associated Materials, Long Fence Company, Bufftech, Fox Fence Company, Poly Vinyl Creations, etc. Other players are Deqing Huazhijie Railing & Fencing, Chengdu Geelian Safety and Linan Fentech Fence Products.

End users differentiate products from various manufacturers on the basis of quality and requirements. The industry is primarily influenced by local manufacturers, therefore branding, quality maintenance, and customer service is an important aspect for success. Innovation in product design is another important factor to gain competitive advantage and reduce operating cost.

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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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Cancer Biological Therapy Market to reach $100bn by 2023

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Rising incidence rates and increased adoption of biologic therapy will drive global Cancer Biological Therapy Market size. According to WHO estimates, the number of new cancer cases are projected to rise by 70% in the next two decades, largely due to increased consumption of alcohol and tobacco. It is estimated by the ACS that 180,890 prostate cancer and 246,660 breast cancer cases will be diagnosed in 2016 in the U.S.

 

Mounting global geriatric population is predicted to boost cancer biological therapy market size owing to correlation between new cases and old age. Elderly population is more prone to the disease and according to ACS, 86% of cases in the U.S. were recorded in individuals aged 50 and above. High associated cost attributed to the cost of drug development may act as a major bottleneck to growth. Millions of dollars are spent in identifying a potent drug, obtaining its preclinical data and carry out its clinical trials. Monopoly is yet another factor that contributes to higher cost. The emergence of new therapeutic classes with reduced adverse-effects, such as immuno-oncologics will change the industry landscape.

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Cancer vaccines market was over USD 1.9 billion in 2015. Approval of the first vaccine sipuleucel-T (Provenge) for metastatic prostate cancer by the FDA will boost growth in the immunotherapy segment. Cancer growth blockers market was over USD 18 billion in 2015, and is expected to grow at 5.8% CAGR from 2016 to 2023. Tyrosine kinase inhibitors dominated revenue share among the growth blockers in 2015 and is expected to continue witnessing steady growth.

Monoclonal antibodies market size was over USD 21 billion in 2015. Antibody therapy has been the most successful and important approach for treatment of hematological malignancies and solid tumors. Bispecific monoclonal antibodies are anticipated to grow at 6.5% CAGR from 2016 to 2023

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Key insights from the report include:

  • U.S. cancer biological therapy market share was over 80% of the North American revenue in 2015, and is anticipated to grow owing to increased public funding for R&D and other government initiatives.
  • Germany revenue was over USD 4 billion in 2015 and contributes largely to the Europe cancer biological therapy market size. Major drivers include favorable insurance and public reimbursement policies. For instance, about 90% of the German population is covered by ‘Statutory Health Insurance’ and only 10% of population by private insurance players.
  • China will drive Asia Pacific cancer biology therapy market share by providing favorable growth opportunities to players, which will motivate them to invest in R&D of biologic products. The favorable reimbursement plans will further accelerate growth.
  • Key players include Novartis International AG, Amgen Inc., Merck & Co., Inc., Bristol-Myers Squibb, GlaxoSmithKline Plc, F. Hoffmann-La Roche AG, Eli Lilly, Seattle Genetics, Inc., Spectrum Pharmaceuticals, Inc., Celgene Corporation are some notable companies vying for global cancer biological therapy market share.

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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 Body Fat Measurement Market worth $790mn by 2024

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Body Fat Measurement Market is driven by development of technologically advanced BIA devices and growing prevalence of metabolic disorders. Growing prevalence of obesity has been a rising concern, worldwide. The metabolic disorders are closely associated with several life threatening diseases such as stroke, diabetes and other heart disorders. Body Fat Measurement Market size is estimated to reach USD 798 million by 2024; as per a new research report by Global Market Insights, Inc.

 

The development of technologically advanced BIA devices and their improved adoption should boost industry size. Technological developments such as introduction of four-eight sensors and electrode segmental analysis along with growing use of DEXA bone densitometers for body composition analysis should further enhance the accuracy of testing. U.S. dominated the industry revenue share, with target market size slated to exceed USD 274 million by 2024.  High market penetration rates, presence of large unmet needs in terms of body weight management in the population, and lucrative adoption of technologically advanced products are some key factors accounting for its large share.

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APAC will register a healthy 8.9% CAGR owing to increased healthcare spending, rising per capita disposable income levels and increased buying power of healthcare consumers in this region.

The entry of established players with their expansion strategies in the emerging economies has made Asia-Pacific and Latin America lucrative growth markets. Moreover, comparatively less stringent regulatory landscape and strong labor force in the regions of China and India should offer smooth entry to industry players.

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Key insights from the report include:

  • Global body fat measurement market is projected to reach USD 798 million by 2024, from an estimated USD 402.6 million in 2015, at an anticipated CAGR of 8% from 2016 to 2024.
  • Bioimpedance analyzers segment attributed to largest share with USD 144 million in 2015. The large share is accredited to its technological advancements resulting into increased accuracy.
  • Europe body fat measurement market size valued at USD 126.7 million in 2015, accounted for the 31.5% of overall revenue share. Germany and UK were responsible for regional share of 23.5% and 14% respectively.
  • The threat of new entrants is high owing to simple development process of the BIA and caliper devices. However, it is relatively difficult for the new players to develop DEXA or ADP.
  • China, and Japan will drive the industry growth due to presence of large patient population base, and rising screening for obesity.
  • The industry is fragmented with the presence of several key players such as GE Healthcare, COSMED and Tanita Corporation. Other key industry players include Omron, Beurer, Inbody and Hologic.

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https://www.gminsights.com/industry-analysis/molecular-diagnostics-market-report

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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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Context Aware Computing Market share to exceed $125 bn from 2016 to 2023

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Asia Pacific Context Aware Computing Market is predicted to be the most attractive region, over the forecast period. The growth can be attributed to rapid growing adoption of these systems across the region. Europe and North America is expected to exhibit considerable growth over the timeframe.

Industry participants holding substantial share include Amazon, Appear Networks, Apple, Autodesk, Facebook, Microsoft, Nokia and Google.

These systems are mainly used to improvise the quality of interaction with the end user. Increasing industry demand for leveraging these systems to attain better target prospects is projected to drive growth over the forecast timeframe.

Context is anticipated to be the most adopted component and is expected to lead the industry over next few years. It is likely to reach at USD 56 billion by 2023, growing at over 30% CAGR.

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Telecom & information technology sector was valued at over USD 4 billion in 2014 and is forecast to be valued around USD 16 billion, growing at a CAGR of around 32% over the timeframe. Furthermore, BFSI (banking financial services & insurance) vertical, was valued USD 3.5 billion in 2015 and is estimated to attain USD 14 billion by 2023, at 34% CAGR from 2016 to 2023.

Rising demand to augment productivity and collaboration is likely to propel context aware computing market share over the next seven years. Budding context-enriched services are predicted to use situational and environmental information about the user’s presence, social attributes, location, etc. to foresee end users’ immediate requirements. Thus, they proactively offer situation awareness with more sophisticated and better utility functions.

Escalating penetration of mobile computing devices such as tablet, PC, and smartphone along with advent of smart wearable devices is projected to further catalyze the context aware computing market demand from 2016 to 2023. The wearable technology market is forecast to exceed USD 35 billion by 2023. Personal electronics consumption is on the rise across regional industries, with tablets gaining market share on account of changing consumer preferences, BYOD adoption, and considerable technology innovation.

Rapidly growing demand for personalized computing experience accompanied by surging adoption of mobile computing devices is projected to propel demand through 2023. The technology is forecast to witness high growth prospects once context information from multiple applications and multiple sources can be simultaneously used. Appropriate handling of privacy and trust issues may further boost context aware computing market size over the forecast period.

Based on product, the industry can be categorized into adaptive phones, active maps, augmented reality & guided systems, cyber guides, conference assistants, fieldwork, web browsers, location-aware information delivery, office assistants, shopping assistants, people & object pagers.

The major verticals are banking, financial services & insurance, academia & education, consumer goods & retail, gaming, energy & power, healthcare, manufacturing, logistics and transportation, office and commercial environments, public sector & government, oil & gas, residential & home environments, travel & hospitality and telecom & information technology (IT).

Escalating enterprise investments in context-aware applications and technologies owing to growing popularity regarding enterprise mobility is predicted to fuel the context aware computing market growth from 2016 to 2023.

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Some other prominent industry players are Baidu, Crowdoptic, Flytxt, Intel, Loopt, Mxit, Openstream, Pontis, Proxomo, Samsung, Securonix, Telefónica, Teliasonera, Telnic, Threatmetrix, Verizon Communications Inc, and Vodafone.

Numerous industry players such as Apple, Intel and Nokia are focusing on creating context aware APIs (Application Programming Interfaces) for development of innovative commercial applications.

Key strategies adopted by most companies in the industry are customized solutions, acquiring relatively small domain expert players and new technologies. Early adopters are anticipated to experience high convenience for implementation of more sophisticated services.

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https://www.gminsights.com/industry-analysis/gps-fitness-device-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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Smart Fitness Wear Market share to grow at 30% CAGR from 2016 to 2023

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U.S. Smart Fitness Wear Market size is expected to demonstrate considerable growth from 2016 to 2023. Asia Pacific is predicted to experience significant growth prospects owing to low production cost across the region. Europe expected to exhibit moderate growth rates owing to presence of leading industry participants across the region.

Wearable technology market size was approximately USD 25 billion in 2015.

Surging demand for technologically advanced products along with increasing need for innovative features is anticipated to boost smart fitness wear market growth. Growing awareness regarding personal fitness management is also predicted to positively impact the industry demand over the next seven years.

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These products are equipped with sensors and Bluetooth compatibility to transmit data regarding the wearer’s stress levels, energy output, as well as heart rate. Various companies are now making leggings and shorts equipped with resistance panels to a smart fabric that help to boost calorie burn during an exercise session. The advent of smart shoes and in-soles are forecast to propel smart fitness wear market size over the next seven years.

Increasing use of these products by athletes as well as trainers due to enhanced level and quality of exercise has driven consumption. They help the wearer stay on course during a workout regime through haptic alerts.

Escalating adoption of GPS equipped smart sports vest is expected to further provide a fillip to smart fitness wear market growth from 2016 to 2023. These wearables collect data such as distance and speed. Features including body stress measurement also help prevent potential injury.

High price associated with these products may hamper the smart fitness wear market demand over the forecast period. Moreover, recreational fitness popularity accompanied by corporate wellness programs is projected to widen the customer base. Apart from smart training these products are also predicted to help in injury prevention while and after training as they generate and provide information online as well as offline.

Insurance firms are now looking at smart fitness wear as a tool to improve and plan members’ health. Numerous insurance companies offer reduced premium plans to the members using specified wearable technology market products.

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High disposable income accompanied by rising innovative projects in healthcare & electronics industry is projected to offer massive growth prospects over the next seven years. Based on product, the smart fitness wear industry can be segregated in to shirt, t-shirt, leggings, bras, jackets, shoes and in-soles.

Industry participants accumulating major smart fitness wear market share include Athos, Intelligent Clothing, International Fashion Machines, Interactive Wear, Schoeller Textiles. Other prominent industry players are Textronics, Vista Medical Textronics, Gentherm and Sensoria.

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https://www.gminsights.com/industry-analysis/gps-fitness-device-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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Packaging Robot Market share to grow at 9% CAGR from 2016 to 2023

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Global Packaging Robot Market can be segmented on the basis of application, output, product type, and end-use industry. Based on product type, the industry mainly includes six axis, four axis, SCARA, gantry, and delta. Articulated robots find considerable application in the packaging industry.

On the basis of application, it can be categorized into de-palletizing or palletizing, cartooning, labeling, case/tray packing, inspection or detection and conveying or placing. Conveying or placing can be further segregated into cross belt, collation, parallel or inline.

Global industrial robotics market is forecast to be valued at over USD 70 billion by 2023. Logistics service robotics market size is set to exceed USD 650 million by 2023, with over 12% CAGR expectations.

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Escalating number of manufacturing industries around the globe is predicted to propel global packaging robot market growth from 2016 to 2023. Swift urbanization accompanied by increase in disposable income is projected to increase the demand for digital labeling as well as packaging. Various industries such as sports, healthcare, and FMCG are forecast to have massive growth impact on the industry from 2016 to 2023. FMCG industry is anticipated to lead revenue share in the coming years.

These systems are getting smarter owing to advanced sensing and software and hence demonstrate high adeptness at handling various products. In addition, they offer ease of use owing to integrated controls as well as instinctive human machine interfaces.

As manufacturing units mainly focus on development of fast as well as safe functions, growing application for numerous task executions such as packaging is predicted to drive demand. These systems are less time consuming when compared to humans, and thus ensure high cost savings. In addition, they also help in achieving production targets in case of high demand. Other benefits comprise substantial safety to employees by eliminating the need for human intervention in dangerous packaging conditions. Rapid adoption across numerous industry sectors is anticipated to boost global packaging robot market size over the forecast timeframe.

Various features such as high accuracy, superior efficiency, reduction in product damage offered by these systems are also among growth drivers. As of 2014, International Federation of Robotics (IFR) reported investments of around 1.3 million machines around the globe.

High product price as well as high installation cost associated with these systems may hamper packaging robot market growth over the forecast period. These systems are predicted to perfectly address the sanitation needs that is likely to be a growing concern in the primary food packaging and processing industry that involves direct food contact.

Output capacities include up to 120 products/minute, 120 products to 450 products/minute, up to 500 products/minute, and more than 500 products/minute. On the basis of end-use industry, the industry can be categorized into pharmaceuticals, food and beverages, personal care, automobile, and plastic & paper.

Asia Pacific packaging robot market size is projected to experienced significant growth prospects. This can be attributed to rapid industrialization across various nations such as China, India, and South Korea. China is predicted to witness attractive growth opportunities in terms of revenue and potential installation rates in the region. Japan is also anticipated to exhibit high growth potential.

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U.S. packaging robot market size is likely to continue its dominance over the forecast period. European industry growth can be dedicated to presence of large number of diversified industries.

Industry participants accumulating substantial packaging robot market share include Adept Technology, Fanuc, Yaskawa Electric America, and KUKA Robotics. Some other prominent stakeholders are Denso Robotics, Motoman, Intelligent Actuator, Panasonic, AFAST Robotics, A-B-C Packaging Machine, BluePrint Automation, Bosch Rexroth, Fuji Yusoki Kogyo, Okura USA, Yamaha Robotic, as well as Epson Robots.

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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 PON Equipment Market share to exceed $40bn by 2024

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Regional analysis on Passive Optical Network (PON) Equipment Market says “North America and Europe passive optical network equipment market operate at an average of 12 percent to 18 percent of their digital potential. Asia Pacific PON equipment market share is projected to provide attractive growth opportunities owing to its steadily developing economies and increasing digitization in the regions. Increasing penetration of internet and infrastructural R&D investments in countries such as Japan, China and India, is expected to drive regional demand. The growth of the industry is backed up by the increasing demands of digitization in Europe and North America in the forecast timeframe.”

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The GPON and EPON (Ethernet passive optical network) segments are projected to have provide opportunities in the forecast period owing to the unevenly increasing digitization of the global economies. Intensive data services such as Voice over Internet Protocol (VoIP), video on demand and video conferencing are projected to leverage growth. By structure, the global passive optical network equipment market is segmented into GPON and EPON.

The former segment is expected to expand at a higher CAGR till 2024 due to the key telecom players transitioning to GPON based FTTH rollouts from FTTB. The industry can be diversified based on the components into optical cables, power splitters, filters and wavelength division multiplexers & demultiplexers.

shareis expected to grow at 20% CAGR from about USD 8 billion in 2015 and reach over USD 40 billion in 2024. Increasing data traffic and growing demand for network bandwidth, reliable and environment friendly transmission solutions are anticipated to drive growth.

The increased transmission capability of the telecommunication network in the form of optical signals is a major driving force for adoption. The broader bandwidth and increased transmission speeds coupled with secure and reliable network operation between the end points will present significant growth opportunities. Gigabit passive optical network (GPON) has provided effective solutions to the increasing bandwidth demand of increasing telecom and internet services. The GPON architecture comprises a single optical fiber to serve multiple end point users with the use of passive optical splitters without the loss of information. Owing to its intensive bandwidth applications for internet and digital transmission, GPON is projected to witness substantial growth in the forecast timeline.

The passive transmission capabilities provide more environment friendly solutions as compared to the traditional networks used in the commercial and residential sectors. The growing change of telecom providers to fiber to the home (FTTH) deployments due to its optimized cost solution will favorably impact passive optical network equipment market. The demand for wireless access services such as 4G and 5G technology to compensate for the rising number of household and mobile internet users is also projected to drive the industry over the forecast period.

Frequency division multiplexing has resulted in effective network solutions for data traffic, which is expected to bring in more public and private investments. High return on investments to network providers will propel passive optical network equipment market share. Stringent regulations in major regional segments against installation of equipment and laying of cables may hamper the growth through the forecast. PON equipment market penetration is expected to be majorly restrained by the high initial cost of components for operators interfacing and is unlikely to be dealt with, in the forecast span. Small industry participants may find it difficult to adopt these industry solutions.

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Structural equipment includes bifurcation of components placed at the office premises and subscriber locations such as optical line terminal (OLT) & Optical network terminal (ONT). The ONT component placed at the office premises, used as LAN combination unit for incorporating voice, data and video in GPON is forecast to witness considerable demands. OLT is installed on subscriber locations and provides interfacing to the local services.

Key participants in the industry include Alcatel-Lucent, Adtran, Huawei Technologies Co., Ericson, Motorola Solutions, ZTE Corp., Mitsubishi Electric Corp. and Calix. Strategic business alliances, mergers & acquisitions are likely to fuel the development of new technologies and products till 2024. The need for rising participants consolidated industry growth will result in huge investments in the R&D space.

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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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Global Roll-to-Roll Printing Market share forecast to grow with 14 % CAGR from 2016 to 2024

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Regional analysis on roll-to-roll printing market says “U.S. roll-to-roll printing market share is expected to dominate due to advancements in technologies and improved infrastructure. Europe may also observe a considerable growth over the timeline due to the presence of important players. Asia Pacific may witness considerable growth over the analysis period owing to the inflow of foreign funds and improved industrialization in countries such as Taiwan, Korea, China, and Malaysia. Central & South America and the Middle East & Africa are among emerging nations.”

Roll-to-roll printing provides flexibility to manufacture advanced electronic products. This technology transforms manufacturing process and enables high volume production of technology products. The increased demand for flexible electronic devices such as printed circuit, smart labels (RFID tags & antennas), printed sensors, and OLED lighting will fuel the industry growth. Capabilities to resist high-defect density, high economical production processes, and booming consumer sector are key factors that may positively impact the roll-to-roll printing market.

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Continued demand for flexible devices in the electronics industry and increased application areas owing to improved technical features may spur the roll-to-roll printing market size. The increased demand from flexible devices, such as sensors, electronics, medical, optoelectronics, and photovoltaic, may enhance industry growth. The increased penetration of small-sized, durable, portable, and wearable products may catalyze the demand.

The roll-to-roll printing market offers benefits such as high line speed, low manufacturing cost, and continuity in the process. Increased application areas owing to improved technical features offer emerging opportunities for the business growth. R2R printing in contrast with conventional systems offers flexible, cost-effective, light, and efficient solutions.

Important factors for high adoption rates include high volume and economical process, expanding consumer sector, flexible transparent sensor in industrial sectors, multimodal-based sensors in the healthcare area, and usage of flexible sensors in wearable medical devices.

Failure risks and mass production needs are restraints that may hinder roll-to-roll printing market size. Huge R&D investments, challenges associated with manufacturing techniques, and flexible electronics performance may limit the growth. The absence of standardized infrastructure, much lower resolutions, and identification of materials for roll printing are key challenges for this industry.

Flexible devices, material and technology are key segmentation. Flexible devices consist of substrate selections, film depositions, curing, assembling & cutting, and testing & packaging. Technology includes gravure, offset lithography, flexography, inkjet and screen printing. Material includes substrate & inks. Gravure, Offset, and flexography are frequently used that have an advantage of high-speed processing to achieve medium resolutions and high productivity. Inkjet is expected to dominate the segment owing to benefits such as non-contact printing.

Key applications are fuel cells, battery products & technology, flexible electronics, photovoltaics, and membrane. End users are consumer electronics, commercial, industrial, medical, aerospace, defense, and automotive. Flexible electronics accounted for majority of revenue in 2015 owing to huge demand from commercial and industrial sector.

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Roll-to-roll printing market share is divided among suppliers, product manufacturers, assemblers, distributors, and service providers. Major participants include Konica Minolta Incorporation, Sumitomo Electric Industries, GSI Technologies LLC, 3M Company, LG Display Co, Thinfilm, Linxens, Multek Corporation, E Ink Holdings, Fujikura Ltd., Nippon Mektron Ltd., Samsung Electronics, GSI technologies, Kent Displays, LG Displays, Emfit, Ascent Solar Technologies, E Ink Corporations, and Avery Dennison.

R&D, product innovations, mergers & acquisitions, and new product development are some strategies that are being adopted by players. For instance, Konica launched Labelexpo digital label press system for mid-label printing market. In order to gain competitive advantage, the players have to conquer the digital world and eventually the printing business. Centre for Process Innovations (CPI) introduced a new roll-to-roll slot/screen printing and encapsulation capability. This new addition will lower additional engineering cost. For instance, Johnson Electric Motors acquired Stack Pole International supplier of engine & transmission pumps and Samsung Electronics acquired Loop Pay.

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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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