Press Releases From 10/01/2017 Until 10/31/2017

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Key Factors to Fuel Growth of the Digital Substation Market Through 2016 to 2024

LogoIndustrial development has increased digitalization in many sectors. Innovation in the digitization market is not only related to the invention of new products, but also upgrades of the available products and technologies. One such innovation is digital substations. Substations are the part of electrical generation, distribution, and transmission systems. They transform current from high voltage to low voltage and low voltage to high with the help of transformers. Digital substations comprises the introduction of intelligence into the substation systems.

Sports Equipment Market to Witness a Rise of US $81,821.0 Million Globally, in 2020

LogoAccording to a new market report published by Persistence Market Research "Global Market Study on Sports Equipment: Ball Sports to be the largest segment by 2020", the global Sports Equipment market was valued at USD 66,528.8 million in 2013 and is expected to expand at a CAGR of 3.0% from 2014 to 2020, to reach USD 81,821.0 million by 2020.

Global Electronic Access Control Systems Market Is Expected to Represent USD 31.2 Billion in 2019

LogoPersistence Market Research Released New Market Report on "Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019," the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.

Distributed Control Systems Market Worth 20.33 Billion USD by 2022

LogoThe report "Distributed Control Systems Market by Industry (Oil & Gas, Chemicals, Power Generation, Metals and Mining, Pharmaceutical, Paper and Pulp, Food and Beverage), Component (Hardware, Software, Services), Application, and Region - Global Forecast to 2022", The distributed control systems (DCS) market is expected to grow from an estimated USD 15.95 Billion in 2017 to USD 20.33 Billion by 2022, at a CAGR of 4.97%. The market is set to grow due to the booming power sector and augmented power generation capacities worldwide, growing industrial infrastructure in regions such as Asia Pacific, the Middle East, and Africa, and increased use of renewable and nuclear energy for power generation.

Global Shavers Market Is Poised to Reach US $32 Billion for the Period 2017-2025

LogoThe global shavers market is projected to grow at a significant rate as an increasing number of men and women seek out shaving products to maintain their routine hygiene or to attract eyeballs. The global shavers market can be segmented into electric and traditional shavers and are sold in supermarkets, ecommerce portals or through other distribution channels. Persistence Market Research has taken an in-depth look at the global shavers market in its upcoming report titled 'Shavers Market: Global Industry Analysis 2012–2016 & Forecast 2017–2025'. The global shavers market is expected to grow to a value of approx. US$ 32 billion and record a modest CAGR of 4.3% for the period 2017-2025.

Global Shampoo Market to Rake in Nearly US $31,900 Mn in the Year 2022

LogoThe global market for shampoos is getting a boost due to a variety of reasons. Some of these reasons include a rise in the per capita income the world over and increasing product innovation in the realm of shampoos. In addition, aiding the market growth is the emerging men's grooming sector and a greater demand for specialized products like organic shampoos and natural shampoos. Moreover, there is a growing threat of environmental pollution that leads to a variety of hair problems such as hair fall, dandruff, oily hair, etc. which necessitates the use of shampoos. Also, with the changing lifestyle and growing urbanization, there is heightened consumer awareness regarding personal care and grooming and this will also aid the growth of the shampoo market.

Global Luggage Leather Goods Market to Reflect Significant Incremental Opportunity of US $361.3 Bn by 2024-End

LogoInnovatively designed baggage & leather goods will remain in great demand as tourists from all parts of the world will prefer travelling in style. Soaring demand for trendy suitcases and hand bags will also be instrumented by higher durability of leather goods and luggage. A latest report published by Persistence Market Research projects that during the 2016-2024 forecast period, the global market for luggage & leather goods will reach US$ 361,326.1 Mn value. The report further estimates that the market, which is presently valued a little over US$ 244,000 Mn, will soar steadily at a CAGR of 5%.

Global Fitness Equipment Market Revenues to Reflect 2.7% CAGR During 2016 to 2024

LogoSales of fitness equipment are channeled through online and offline stores. A wide range of products is being offered by online retailers with detailed catalogs. In 2016, the offline stores accounted for more than 80% volume share of the global fitness equipment market. This distribution channel segment is expected to expand at 2.7% CAGR, in terms of volume, during 2016 to 2024, as forecasted by Persistence Market Research (PMR) in its report. However, the online store is expected to exhibit the fastest growth during the forecast period.

Paint Additives Market Expected to Grow at CAGR of 4.8% During 2017-2022

LogoThe global market for paint additives is highly fragmented, with presence of several regional and international players. A number of domestic vendors have been observed to enter the market, influenced by rapid growth in urbanisation and industrialization in emerging economies. These vendors are competing on the basis of innovation, product quality, price, operation cost, and economies of scale for strengthening their position in the market. A latest research by Future Market Insights (FMI) projects the global market for paint additives to exhibit a moderate 4.8% CAGR during the forecast period 2017 to 2022. Revenues from the global paint additives market will reach nearly US$ 9,000 Mn by 2022-end.

Forecast on Carob Market Global Industry Analysis and Trends Till 2027 by FMI

LogoCarob (Ceratonia siliqua) is a native plant to the eastern Mediterranean especially to the Middle East countries. Carob is also called as locust bean and is primarily cultivated for its edible pods in majorly Mediterranean region which includes Southern Europe, Northern Africa and the Canary Islands. Carob powder is also used as a substitute for cocoa powder in various bakery products. Carob based bars is consumed as an alternative to chocolate based bars worldwide. Carob do not contain caffeine and theobromine (which is intolerant to some animals) and therefore is widely used in chocolate flavored pet food for dogs and other animals. Carob pod meal is widely used as a rich source of energy for livestock, particularly for ruminants. Carob in food industry is used as a thickening agent, gelling agent, stabilizing agent or as a substitute for low-calorie food products. Carob is fat-free, rich in pectin and contains high amount of proteins. Carob is primarily used in the production of confectionery and bakery products and variety of beverages. Carob is also used for making flour, molasses and is a substitute for coffee.

Global Natural and Organic Personal Care Products Market to Reach US $21,776.9 Mn by the End of 2024

LogoGlobal natural and organic personal care industry are primarily trend-driven and hence new and emerging trends with regard to natural and organic products is encouraging a new player to enter the market through acquisition by existing players. However, the global natural and organic personal care market are characterized by a moderate level of acquisitions. Persistence Market Research (PMR) estimates the global natural and organic personal care products market to reach the value of US$ 11,057.1 Mn in 2016 and register Y-o-Y growth of 9.7%.

Automotive Tire Market Is Expected to Rake in Revenues Worth US $645 Bn by 2027-End

LogoA comprehensive market evaluation put forth by Future Market Insights on the global automotive tire market in its new research report titled "Automotive Tire Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)" covers the drivers, impact, challenges, trends as well as opportunities in the global automotive tire market with competition assessment during the period of 2017-2027. A detailed market segmentation is included in the research publication based on which the value and volume analysis of various segments and sub-segments is carried out during the period of assessment. The global automotive tire market is expected to witness robust growth across main regions of Asia Pacific excluding Japan (APEJ), North America, Western Europe, Eastern Europe, Latin America, Japan and Middle and Africa (MEA) during the forecast period.

Coating Additives Market Will Register a CAGR of 4.8% During 2017 to 2022

LogoThe recent study conducted by Future Market Insights (FMI) reveals that the global coating additives market will surpass a valuation of US$ 8,851 Mn, registering a CAGR of 4.8% during 2017 to 2022. There has been a significant rise in the use of coating additives in painting of surfaces that face external issues such as biocides, decaying caused by chemicals, high temperature and abrasion.

Global Men's Underwear Market Is Projected to Record Sluggish CAGR of Almost 5.8% from 2015 to 2020

LogoAccording to a new market report published by Persistence Market Research, titled "Men's Underwear Market: BRIC to Witness Highest Growth by 2020", the men's underwear market is projected to account for US$ 8,420.8 Mn by the end of 2015 at a CAGR of 5.8% from 2015 to 2020, to reach US$ 11 Bn by 2020.

Polymer Coated Fabrics Market Will Register a CAGR of 5.0% During 2017 - 2022

LogoA new market study on polymer coated fabrics, published by Future Market Insights, reveals the changing demands for technical textiles across multiple industrial verticals. After analysing a slew of factors influencing the dynamics of global polymer coated fabric market, the report anticipates it to reach US$ 20 Bn valuation by the end of forecast period, 2017-2022. During the assessment period, the global market for polymer coated fabric is poised to grow steadily at a CAGR of 5%, with expansion concentred in the Asia-Pacific excluding Japan (APEJ) region.

Trends in the Rotogravure Printing Machine Market 2017 to 2027 by Future Market Insights

LogoProduct information in terms of specifications, usage, cautionary notes, track and trace information, etc. is of prime significance to manufacturers, suppliers, distributors, retailers and end consumers. Printing equipment and machineries have brought essential value to the overall packaging market by enabling packaging manufacturers to supply packaging systems with print capabilities. Rotogravure printing machine is extensively used in the packaging industry for printing on packaging items like polythene packets, food pouches, confectionary wrappers, soap wrappers and many flexible packaging materials. Rotogravure printing machine is a high-speed printing machine which is used for printing consistently on films of different densities while maintaining consistency and accuracy. Rotogravure printing machine is highly efficient, and reduces the waste by unprecedented amount in order to minimize the cost of packaging. Rotogravure printing machine improve the overall margin for packaging manufacturers by providing efficiency in operations.

Plastic and Paper Plate Market Analysis and Value Forecast Snapshot by End-Use Industry 2017-2027 by FMI

LogoModern food retail outlets are facing the challenge of serving customer at a faster service rate along with keeping the service cost at low levels. The need of serving food to large number of customers while maintaining hygiene levels has led to the use of disposable plastic and paper plates. It is widely used in food serving industry by restaurants, food joints, fast food retailers, etc. Plastic plate manufacturers are growingly supplying eco-friendly or paper made plates in order to address the issue of disposability of plastics. Paper prepared plates are manufactured from a paper pulp or recycled material which is very cheap and easily available. These paper and plastic plates are for use and throw purpose, thus they are cheap and helpful in maintaining the hygiene while serving food. The emergence of food trucks and small scale food joints have led to the growing challenge of serving food with space constraints and high level inventory management systems. Restricted space for stocking cutlery or utensils have led to upsurge in demand for plastic and paper plate market.

Industrial Vacuum Cleaner Market Is Projected to Bring in US $729.9 Mn by 2027

LogoThe global industrial vacuum cleaner market is expected to witness a value and volume CAGR of 5.3% and 4.5% respectively during the forecast period. Market is anticipated to reach a market value of US$ 729.9 Mn by the end of 2027. "Industrial Vacuum Cleaner Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)," is the new publication of Future Market Insights which has also taken a review of a global vacuum cleaner market which is the parent market of global industrial vacuum cleaner market. According to this report,Industrial vacuum cleaners market account for nearly 2.5% to 3.0% of the total vacuum cleaners market and are valued at US$ 415.4 Mn by the end of 2016. North America, followed by Western Europe are the two dominating regions in industrial vacuum cleaners market. Asia Pacific excluding Japan and Middle East & Africa market are estimated to register substantial growth over the forecast period.

Global Household Insecticides Market to Record a Sluggish CAGR of Almost 7.9% by 2021

LogoAccording to a latest market report published by Persistence Market Research titled, "Global Market Study on Household Insecticides Market: Asia Pacific to Witness Highest Growth by 2021", the global household insecticides market has been estimated to be valued at US$ 10,958.0 Mn in 2015 and is expected to expand at a CAGR of 7.9% over 2015–2021, to reach US$ 17,249.0 Mn by 2021.

Botanical Flavors Market Dynamics, Segments and Supply Demand 2017-2027

LogoBotanical flavors are extracts from fruits, leaves, flowers, seeds, barks, spices and from many other plant materials. Botanical flavors have wide application in food and beverage industry as it used to enhance the flavor, taste and richness of products including bakery, dairy, savory, confectionery, juices, drinks and alcoholic drinks. Increasing demand of health conscious consumers in the global level market regarding consumption of healthy and nature-based products are expected to drive the market growth of botanical flavors over the forecast period. Currently, the majority of demand for botanical flavors accounts to North American and European market.

Global Socks Market Is Projected to Reflect US $34,902.1 Mn by 2025

LogoThe global socks market is anticipated to witness significant growth in the near future owing to increasing urbanization and a steady rise in the working population across the globe. In a new report titled "Socks Market: Global Industry Analysis (2012-2016) & Forecast (2017-2025)," Persistence Market Research presents an in-depth analysis and forecast of the global socks market over an eight year forecast period. The report highlights the key factors impacting the market from a revenue and sales standpoint and also studies the performance of the global socks market across major geographies and regional markets.

Asphalt Shingles Market Is Projected to Bring in 10,000 Mn in Revenues by 2022

LogoA latest report by Future Market Insights (FMI) has projected the global market to register a low-single digit CAGR throughout the forecast period 2017 to 2022. However, the market is anticipated to experience a sustained expansion on the back of increasing re-roofing and new construction activities resulting from extreme weather conditions. Global sales of asphalt shingles are expected to reach nearly US$ 10,000 Mn in revenues by 2022-end.

Global Eyewear Market Is Expected to Represent US $166,509.5 Mn by 2026-End

LogoEyewear products spanned across the globe have become one of the most iconic consumer goods of the decade. People from diverse cultures and vast demographic differences are becoming consumers of the global eyewear market. Age factor and eye problems are no longer the only factors prompting the eyewear sales in retail stores. Growing sense of presentable appearance, blended with the influence of trending fashion, has made youngsters from various parts of the world potential buyers for eyewear products such as sunglasses. Lifestyle choices such as active participation in outdoor excursions or excessive exposure to media devices such as TVs or gaming consoles has also induced growth in the global demand for eyewear products. A latest report published by Persistence Market Research projects that by the end of 2026, around US$ 166,509.5 Mn worth of eyewear products will be sold in the world.

Global Granola Market Volume Analysis, Size, Share and Key Trends 2017 to 2027

LogoGranola is basically a breakfast food containing rice, oats etc. seeds and sweeteners, dried fruits, honey and oil, toasted until crunchy. Granola is taken as breakfast cereal or snacks as it consists of whole grain oat, as it is healthy and indulgent with essential vitamin and nutrients. It has high fiber content is a predominant feature across many markets. There are various brands offering products with high level of fiber which supports weight maintenance, appetite suppression and digestive health and other healthy ingredients are also combined, such as vitamin and minerals, omega 3. Granola can often combine with yogurt, honey, strawberries, bananas, and other types of fruit or also can be mixed with other types of cereals so the nutritive value will increase.

Oxytocic Pharmaceuticals Market to Receive Overwhelming Hike at a CAGR of 9.7% in Revenues by 2026

LogoThough synthetic oxytocin is chemically equivalent to naturally-occurring oxytocin, their pharmaceutical functions for aiding women in labour are quite distinctive. Medical professionals from around the world will continue to recommend synthetic-based oxytocic pharmaceuticals over natural since oxytocic pharmaceuticals originating from synthetic sources can boost the momentum of decelerated labour by IV administration. More than 90% of the global market revenues for oxytocic pharmaceuticals will be harvested from the sales of oxytocic pharmaceuticals originating from synthetic sources. By the end of 2026, an estimated US$ 148.9 million revenues will be emanated from the global sales of synthetic oxytocic pharmaceuticals.