Tuesday, 27 June 2017

Industrial Valves Market estimated to be worth 84.30 Billion USD by 2023

The industrial valves market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 67.45 Billion in 2016 to USD 84.30 Billion by 2023, at a CAGR of 3.60% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period provided is between 2017 and 2023.
The objective of the report is to provide a detailed analysis of the market based on material type, valve type, size, industry, and region; information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges); and a detailed value chain analysis. Moreover, the objective of this report is to strategically profile the key players and competitive landscape for market players, and provide information on product launches, acquisitions, partnerships, agreements, contracts, and collaborations in the industrial valves market.
The research methodology used to estimate and forecast the size of the industrial valves market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include information from various journals and databases such as IEEE journals, Factiva, Hoover’s, and OneSource.
The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size for industrial valves from the revenue of the key players. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The analysis of the industrial valves market includes extensive primary research to gather information, verify, and validate critical conclusions arrived at after an extensive secondary research.
After arriving at the overall market size, the total market has been split into several segments and subsegments. The following illustration shows the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.
Industrial Valves Market
To know about the assumptions considered for the study, download the pdf brochure
The ecosystem for industrial valves comprises manufacturers such as AVK Holding (Denmark), Avcon Controls Private Limited (India), Cameron – Schlumberger (US), Crane Co. (US), Emerson (US), Flowserve (US), Forbes Marshall (India), IMI Plc. (UK), Metso (Europe), Neway Valves (China), Velan Inc. (Canada), Samson AG (Germany), Spirax Sarco (UK), and The Weir Group Plc. (UK).
The target audience for the report includes:
  • Raw material and material testing equipment suppliers
  • Industrial valve integrated device manufacturers (IDMs)
  • Industrial valve technology platform developers
  • Industrial valve original design manufacturers (ODMs)
  •  Industrial valve original equipment manufacturers (OEMs)
  •  Distributors and traders
  •  Research organizations
  • Organizations, forums, alliances, and associations related to industrial valves
“The study answers several questions raised by the stakeholders, primarily which market segments to focus on in the next two to eight years for prioritizing efforts and investments.”
The market covered under this report has been segmented as follows:
Industrial Valves Market, by Material Type:
  • Cast Iron
  • Steel
  • Cryogenic
  • Alloy Based
  • Others (Brass, Bronze)
Industrial Valves Market, by Valve Type:
  • Ball Valves
  • Butterfly Valves
  • Gate Valves
  • Glove Valves
  • Plug Valves
  • Check Valves
  • Diaphragm Valves
  • Safety Valves
Industrial Valves Market, by Size:
  • Up to 1”
  • 1”–6”
  • 6”–25”
  • 25”–50”
  • 50” and Above
Industrial Valves Market, by Industry:
  • Oil & Gas
  • Water & Wastewater
  • Energy & Power
  • Chemical
  • Food & Beverages
  • Pharmaceutical
  • Building & Construction
  • Others (Pulp & Paper and Agriculture)
Industrial Valves Market, by Region:
  • North America
  • Europe
  • APAC
  • Rest of the World (RoW)
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
  • Detailed analysis and profiling of additional market players on the basis of various blocks of the value chain
Industry Analysis
  • Further breakdown of the industry segment, by size, by material type, and by end connection  
Size Analysis
  • Further breakdown of the size segment, by material type
Geographic Analysis
  • Further breakdown of the geography segment, by valve type, by size, by industry, and by material type

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Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Battery Management System Market estimated to be worth 7.25 Billion USD by 2022

The battery management system market was valued at USD 1.98 Billion in 2015 and is expected to reach USD 7.25 Billion by 2022, at a CAGR of 20.5% between 2016 and 2022. The growth of this market is propelled by the rapidly growing need for battery management system given the increasing number of vehicles that require charging such as electric vehicles (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid vehicles (PHV). These vehicles consist of series-connected battery packs which require extensive monitoring. Hence, battery management systems act as a crucial component in these vehicles for supervising and guaranteeing reliable and safe battery operations.
The battery management system for lithium-ion–based battery leads the battery management system market since lithium-ion–based battery is popular in various application industries owing to its high energy and power density, light weight, and low standby losses. The high energy density lithium-ion battery requires battery management systems for its efficient operation and management in these applications. Moreover, the current price reduction of the li-ion battery and its growing adoption in applications such as electric vehicle, UPS, telecommunication, renewable energy system, and other applications is expected to drive the market in the near future.
The battery management system market for modular topology is expected to grow at a high CAGR during the forecast period. Most of the manufactures prefer modular topology as it offers a good computational power and is also safe as it does not require extensive wire harnesses. The modular topology is also suitable for a range of applications such as in energy storage systems, industrial UPS, medical mobility vehicle, parts of electric vehicles, and drones among others. The increasing demand for modular topology from these applications is expected to drive the market at the highest rate during the forecast period.
Battery Management System Market
North America held the largest share of the battery management system market in 2015, while the market in Asia-Pacific is expected to grow at a high rate during the forecast period and lead the BMS market by 2022. The high growth of the Asia-Pacific region is attributed to the presence of a number of leading portable devices manufacturers and the demand for battery management from countries such as China and Japan owing to the increasing adoption of electric vehicles in these countries.
One of the key restraining factors for companies operating in this industry is the lack of standards for developing battery management systems as most of the products available in the market vary in terms of technical specifications, functions, and applications. This makes difficult to compare the performance of two battery management systems, which creates a demand for concrete standards to be developed.
In the battery management system market, Johnson Matthey Plc. (U.K.) is a major player which holds a leading position in sustainable technologies as well as specialty chemical technology. The company has a strong presence in the battery management system market and offers battery management system with modular architecture, using its own battery management electronics. The company’s BMS is designed for application in electric vehicles as well as hybrid electric vehicles.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Integrated Bridge Systems Market estimated to be worth 5.60 Billion USD by 2021

The integrated bridge systems market is estimated to be valued at USD 5.08 Billion in 2016 and is projected to reach USD 5.60 Billion by 2021, at a CAGR of 1.97% during the forecast period. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.

Objectives of the Study:
The objectives of this study are, to analyze the integrated bridge systems market, along with statistics from 2016 to 2021, as well as to define, describe, and forecast the integrated bridge systems market on the basis of platform (commercial ships and naval warships), size (small ships, medium ships, and large ships), and components (small ship integrated bridge system components, medium ship integrated bridge system components, large ship integrated bridge system components). These segments and subsegments are mapped across major regions, namely, Asia–Pacific, North America, Europe, and the rest of the world.
The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the integrated bridge systems market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution to the integrated bridge systems market.
The report also covers competitive developments such as, long-term contracts, joint ventures, mergers, new product launches and developments, and research & development activities in the integrated bridge systems market, in addition to business and corporate strategies adopted by the key market players.

Research Methodology:
The research methodology used to estimate and forecast the integrated bridge systems market begins with obtaining data on key integrated bridge system equipment statistics through secondary sources, such as, government sources and organizations, for instance, International Maritime Organization (IMO), International Organization for Standardization (ISO); corporate filings, for instance, annual reports, investor presentations, and financial statements; and trade, business, and professional associations, among others. The bottom-up approach has been employed to arrive at the overall size of the integrated bridge systems market from the revenues of the key players and their shares in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with market experts such as, CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall integrated bridge systems market engineering process, and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primaries is depicted in the below figure:
Integrated Bridge Systems Market
To know about the assumptions considered for the study, download the pdf brochure
The integrated bridge systems market comprises product developers and manufacturers such as, Northrop Grumman Sperry Marine (U.K.), Raytheon Anschütz (Germany), Rolls Royce (U.K.), L-3 Communications Mapps Inc. (Canada), and FURUNO Electric Shokai Ltd. (Japan), among others. These companies offer advanced technological systems, products, and services. They also provide a broad range of management, engineering, technical, communications, and training services.

Target Audience
  • Navigation Systems Manufacturers
  • Technology Support Providers
  • Solution Providers
  • Component Suppliers
  • IBS Consultants
  • Maritime Companies
  • Research Organizations
“This study answers several questions for the stakeholders, primarily which market segments they should focus upon during the next two to five years to prioritize their efforts and investments”.
Scope of the Report
This research report categorizes the integrated bridge systems market into the following segments and subsegments:
  • By Platform
    • Commercial Ships
    • Naval Warships
  • By Size
    • Small Ships
    • Medium Ships
    • Large Ships
  • By Component
    • Small Ship Integrated Bridge System Component
    • Medium Ship Integrated Bridge System Component
    • Large Ship Integrated Bridge System Component
  • By Software
    • Synapsis NX
    • K – bridge sensor integrator (SINT)
    • Visionmaster FT
    • Napa Logbook
    • Naviplanner 4000
  • By Module
    • Radar System
    • Communication Console
    • ECDIS System
  • By Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
Available Customizations:
Along with market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for the report:
  • Market Segment by Modules
    • Radar Systems
    • Communication Systems
    • ECDIS Systems
  • Company Information
    • Detailed analysis and profiles of additional market players (up to five)
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Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™ Research Private Ltd. Tower B5, office 101,Magarpatta SEZ,Hadapsar, Pune-411013, India1-888-600-6441sales@marketsandmarkets.com
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Geotechnical Instrumentation and Monitoring Market estimated to be worth 4.64 Billion USD by 2022

The geotechnical instrumentation and monitoring market is estimated to grow at a CAGR of 11.37% from 2017 to 2022 to reach USD 4.64 Billion by 2022. This report provides a detailed analysis of geotechnical instrumentation and monitoring market based on offering, network technology, structure, end user, and region. The service segment, among offerings, is projected to grow at the highest CAGR between 2017 and 2022.
To estimate the size of geotechnical instrumentation and monitoring market, the top players and their share in this market have been considered. This research study involves the extensive use of secondary sources, such as the American Society of Civil Engineers (ASCE), the British Geotechnical Association (BGA), the IEEE Standards Association, the Australian Geomechanics Society, the International Journal of Geotechnical Engineering, a study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts.
The research methodology is explained below:
  • Analyzing the overall size of the individual markets through percentage splits with the help of primary and secondary research
  • Analyzing the market segments and subsegments
  • Analyzing the supply and demand sides of the geotechnical instrumentation and monitoring ecosystem
  • Analyzing the market trends in various regions and countries, supported by the ongoing research and development (R&D) in these regions
  • Finalizing the overall market sizes by triangulation with supply-side data, which includes product developments, supply chain, and estimated sales of the geotechnical instrumentation and monitoring market
After arriving at the overall market size, the total market has been split into several segments and subsegments and has been confirmed with key industry experts. The following figure depicts the breakdown of primaries conducted during the research study based on company, designation, and region.
Geotechnical Instrumentation and Monitoring Market
To know about the assumptions considered for the study, download the pdf brochure
Market Ecosystem
The geotechnical instrumentation and monitoring market includes component manufacturers, such as Geokon, Incorporated (U.S.), Geotechnical Instrumentation (South Africa), RST Instruments Ltd. (Canada), and Nova Metrix LLC (U.S.); and service providers such as Fugro N.V. (Netherlands), Geocomp Corp. (U.S.), Nova Metrix LLC (U.S.), Keller Group plc (U.K.), and COWI A/S (Denmark).
Target Audience:
  • Technology Providers
  • Research Organizations
  • Government Organizations
  • Technology Investors
  • Technology Standards Organizations
  • Forums, Alliances, Associations, and Government Bodies
  • Venture Capitalists
  • Private Equity Firms, Analysts and Strategic Business Planners, and Others
Market covered under this report:
This research report categorizes the overall geotechnical instrumentation and monitoring market based on offering, networking technology, structure, end user, and region.
Geotechnical Instrumentation and Monitoring Market, By Offering
  • Hardware & Software
  • Services
Geotechnical Instrumentation and Monitoring Market, By Networking Technology
  • Wired
  • Wireless
Geotechnical Instrumentation and Monitoring Market, By Structure
  • Tunnels & Bridges
  • Buildings & Utilities
  • Dams
  • Others (Mining, Pipelines, and Landfills)
Geotechnical Instrumentation and Monitoring Market, By End User
  • Buildings & Infrastructure
  • Energy & Power
  • Oil & Gas
  • Mining
Geotechnical Instrumentation and Monitoring Market, By Region
  • Americas
    • North America
      • U.S.
      • Canada and Mexico
    • Latin America
      • Brazil
      • Rest of Latin America (Argentina, Chile, and Peru, among others)
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Netherlands
    • Rest of Europe (Spain, Hungary, Greece, Belgium, and Russia, among others)
  • Asia-Pacific (APAC)
    • China
    • Japan
    • South Korea
    • Australia
    • Rest of APAC (India, Malaysia, Taiwan, Singapore, Thailand, Vietnam, and the Philippines, among others)
  • Rest of the World (RoW)
    • Middle East
    • Africa
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the clients’ specific needs. The following customization options are available for the report:
Regional Analysis
Further breakdown of region-/country-specific analysis
Company Information
Detailed analysis and profiling of additional market players (up to five)


MarketsandMarkets™ Research Private Ltd
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ Research Private Ltd. Tower B5, office 101,Magarpatta SEZ,Hadapsar, Pune-411013, India1-888-600-6441sales@marketsandmarkets.com
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Friday, 23 June 2017

Ammunition Market worth 21.98 Billion USD by 2021

The report "Ammunition Market by Caliber (Small, Medium, Large, Artillery, Mortar), Application (Defense, Civil & Commercial), Type (Cartridge-Based, Non-Cartridge Based), Cartridge Type (Rimfire, Centerfire) - Global Forecast to 2021", The global ammunition market is projected to grow from USD 18.08 Billion in 2016 to USD 21.98 Billion by 2021, at a CAGR of 3.98% from 2016 to 2021. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.
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Factors such geopolitical tensions, territorial conflicts, and political unrest in various countries across the globe are expected to drive the growth of the global ammunition market during the forecast period.
The defense application segment is projected to lead the global ammunition market during the forecast period, 2016 to 2021.
The defense application segment is projected to lead the global ammunition market during the forecast period, 2016 to 2021. Increased presence of defense forces across the globe, along with growing number of conflicts in several parts of the world including North Africa, the Middle East, and Latin America, is the factors expected to drive the growth of the defense application segment of the global ammunition market during the forecast period.
The small caliber ammunition segment of the global ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021.
The small caliber segment of the global ammunition market is projected to grow at the highest CAGR during the forecast period, owing to increased usage of small caliber ammunition by civilians and homeland security personnel due to their less lethality. Moreover, open online marketplaces for small arms and ammunition also act as major factors contributing towards the growth of the small caliber ammunition segment of the global ammunition market during the forecast period.
The Middle East ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021.
The Middle East ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. There has been a significant increase in military expenditures in the Middle East region in the recent years. As a result, industries related to military products have been witnessing significant growth in the region. Over the past decades, production of arms has also increased in the Middle East region, thereby becoming a major business for the key countries of the region.
Key players in the global ammunition market include Orbital ATK Inc. (U.S.), Olin Corporation (U.S.), General Dynamics Corporation (U.S.), BAE Systems (U.K.), Remington Arms Company, LLC (U.S.), and Nammo AS (Norway), among others.

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MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Lithium Ion Battery Market worth 68.97 Billion USD by 2022

According to the new market research report "Lithium Ion Battery Market by Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt), Power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh), Industry, and Geography - Global Forecast to 2022", the lithium ion battery market is expected to be valued at USD 68.97 Billion by 2022, growing at a CAGR of 16.6% between 2016 and 2022. Factors that are driving the growth of the market include increase in demand for electric vehicle (EV), strict government mandates on fuel economy, growing demand for smart devices and other consumer electronics, and development toward enhancement of lithium ion batteries.
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Browse 78 market data tables and 95 figures spread through 190 pages and in-depth TOC on “Lithium Ion Battery Market - Global Forecast to 2022"
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“Lithium ion battery market for lithium nickel manganese cobalt battery type expected to grow at the highest rate between 2016 and 2022”
Lithium nickel manganese cobalt (Li-NMC) type batteries are used in application areas like e-bikes, power tools, medical equipment, and other electric powertrains. Use of cobalt in 1:1:1 ratio with a combination of nickel and manganese gives the optimum result while keeping the cost low, in spite of cobalt being expensive, owing to a low proportion of cobalt in the combination. The energy density of Li-NMC batteries is its primary strength.
“The market for 3000mAh to 10000mAh power capacity batteries expected to grow at the highest rate during the forecast period”
The heavy power capacity of the batteries, ranging from 3000mAh to 10000mAh, makes them suitable for the use in EVs and industrial applications. The increasing market of consumer electronics and smartphones has increased the need of batteries with higher power capacity which can keep the device running for longer hours and at the same time giving an optimum experience of the device due to large screen and power backup service. All these factors would lead to the higher adoption of lithium ion battery systems having 3000mAh to 10000mAh power capacity.
“Consumer electronics industry expected to hold the largest share of the lithium ion battery market”
The consumer electronics industry is expected to hold the largest share of the overall lithium ion battery market. Lithium ion batteries are a preferred choice for consumer electronics products as a portable power source because of the features such as high energy density and less recharge time. These are low on maintenance and light in weight compared to other rechargeable batteries; therefore, these are widely adopted in consumer electronics products such as mobile phones, tablets, and laptops.
“Europe expected to hold the second-largest share of the lithium ion battery market during the forecast period”
The automobile industry in Europe is strategic industry with the leanest production processes and optimized use of energy for manufacturing. Increasing market share of EV in Europe is prominently supporting the adoption of lithium ion batteries. Increasing funding from the government is supporting the adoption of lithium ion batteries in electric cars. GREENLION is a project funded by EU for manufacturing cheaper and dependable lithium ion batteries for electric cars. These are some of the factors contributing to the growth of the lithium ion battery market in Europe.
The major players involved in the lithium ion battery market are LG Chem Ltd. (South Korea), Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), BYD Co. Ltd. (China), BAK Group (China), A123 Systems, LLC. (U.S.), GS Yuasa Corporation (Japan), Hitachi, Ltd. (Japan), Johnson Controls Inc. (U.S.), Saft Groupe S.A. (France), Toshiba Corporation (Japan), and Valence Technology Inc. (U.S.).
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M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. 
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Wednesday, 14 June 2017

Traction Transformer (Onboard) Market worth 724.2 Million USD by 2022



According to the new market research report "Traction Transformer (Onboard) Market by Rolling Stock (Electric Locomotives, High-speed Trains, Metros), Mounting Position (Underframe, Machine Room, Roof), Overhead Line Voltage, and Geography - Global Forecast to 2022", the traction transformer market is expected to be valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between 2016 and 2022. The factors that are driving the growth of the market include the significant government funding for rail infrastructure development, shift toward low carbon rail transport, and liberalization of rail transport network.

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“Traction transformer market for electric locomotives to hold the largest share of the overall market during the forecast period“

Electric locomotive is expected to lead the global traction transformer market between 2016 and 2022. The traction transformer market for electric locomotive is majorly driven by the large installed base for passenger and freight locomotives in Europe and APAC. The adoption of electric freight locomotives has grown considerably with the rising preference for moving goods by rail over road transportation due to the cost efficiency. Further, the rising population and increasing demand for transportation is expected to drive the growth of passenger locomotives, which would further increase the demand for traction transformers.

“Traction transformer market for machine room mounting to grow at a high rate between 2016 and 2022”

The traction transformer market for machine room mounting is expected to grow at a significant rate between 2016 and 2022. The machine room mounting of traction transformer is widely used in high-speed trains and electric locomotives. This type of mounting provides maximum flexibility and reliability in single and multiphase rail systems.

“APAC expected to lead the traction transformer market between 2016 and 2022”

The growth of the traction transformer market in APAC is majorly driven by freight locomotive, passenger locomotive, and high-speed trains. The increasing investment by countries such as China, Japan, and India for the development of new lines and expansion of existing lines is expected to create a great potential for the overall growth of the traction transformer market in APAC.

The major players operating in the traction transformer market include ABB Ltd. (Switzerland), Alstom SA. (France), JST Transformateurs (France), Mitsubishi Electric Corporation (Japan), Siemens AG (Germany), Emco Ltd. (India), Hind Rectifiers Ltd. (India), International Electric Co. Ltd. (Korea), Setrans Holding AS (France), and Wilson Transformer Company (Australia).

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Temperature Sensors Market worth 6.79 Billion USD by 2022

The temperature sensors market is expected to grow from USD 5.13 Billion in 2016 to USD 6.79 Billion by 2022, at a CAGR of 4.8% between 2016 and 2022. One of the major growth drivers for this market is the increasing demand for temperature sensors among industrial end users such as metal industry, F&B industry, plastics industry, and glass industry among others. Moreover, the growing concern toward security and surveillance, robust demand for consumer electronics products, and developing automotive industry in emerging markets are considered to be among the most important factors driving the market for these sensors.
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Thermocouple-based sensors to hold major share of the temperature sensors market

Thermocouples are the most commonly used sensor elements in several industries, such as petrochemicals, process, and metal industries, owing to their simplicity, user friendliness, and quick response to changes in temperature. Thermocouples can also be used for the testing of prototypes of electrical and mechanical apparatus developed for manufacturing. Thus, these sensors are expected to hold the major share of the market between 2016 and 2022.

Growing concerns toward security and developing automotive indstry in emerging markets are driving the temperature sensors market

There is growing concern toward the use of temperature sensors for security & surveillance purposes. Moreover, temperature sensors are used for temperature monitoring in server rooms of industries, buildings, and refrigerators, which is further driving the demand for efficient temperature measurement systems. In terms of major discrete industry end users, the automotive segment is one of the major segments contributing to the growth of this market. Some of the major applications of temperature sensors in automobiles are in powertrain and emission control management systems, which are gaining popularity in the emerging markets.

North America to hold the largest market share, APAC region to grow at the highest rate

The North American market is expected to hold the major market share between 2016 and 2022 owing to an increase in demand for temperature sensors in smart homes, in-home weather stations in U.S., and perishable logistics industry and warehousing. The APAC market is expected to grow at the highest CAGR between 2016 and 2022 as it is a major market for various sectors such as oil & gas, automobiles, and healthcare among others.

The competitive landscape of the market presents valuable insights into the various players in the temperature sensors market. The temperature sensors report profiles the 15 promising players in the market and describes their business overview, product portfolio, recent developments, and key strategies. The major players in the market include Texas Instruments Incorporated (U.S.), Analog Devices, Inc. (U.S.), ABB Ltd. (Switzerland), Honeywell International Inc. (U.S.), Maxim Integrated Products Inc. (U.S.), Siemens AG (Germany), Danaher Corporation (U.S.), Kongsberg Gruppen (Norway), TE Connectivity Ltd. (U.S.), Emerson Electric Company (U.S.), Panasonic Corporation (Japan), General Electric Company (U.S.), STMicroelectronics N.V. (Switzerland), Microchip Technology Incorporated (U.S.), and NXP Semiconductors N.V. (Netherlands).

Browse 79 market data Tables and 107 Figures spread through 202 Pages and in-depth TOC on "Temperature Sensors Market"
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About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
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Markets and Markets
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Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
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Counterfeit Money Detection Market worth 3.11 Billion USD by 2020



According to a new market research report "Counterfeit Money Detection Market, by Product (Coin & Currency Counter, Currency Sorter, Currency Detector, & Pen), Technology (Ultraviolet, Infrared, Magnetic, Watermark, & Microprint), Industry, End Device, and Geography - Global Forecast to 2020", the global market is expected to reach USD 3.11 Billion by 2020, at a CAGR of 6.9% during the forecast period.

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Retail industry expected to lead the counterfeit money detection market

Circulation of counterfeit currency is a serious threat for the retail industries because retail stores handle a lot of hard currency transactions and do not always have the strong security measures to control the same. Therefore, this sector is considered as a prime target for counterfeiting. Many skilled criminals can imitate the authentic bank notes, and this is virtually impossible for the cashiers to note the differences every time only through sight and touch. To avoid these monetary losses in the business, counterfeit money detectors can be installed. The detector is expected to alert immediately so that the cashier can refuse the bills and prevent the circulation of counterfeit notes in the business.

Currency detectors expected to dominate the counterfeit money detection market segmented on the basis of product types

Currency detectors are the widely used products for counterfeit money detection. These are especially designed for detecting counterfeit banknotes. Counterfeit detectors are built-in with various technologies such as ultraviolet, infrared, watermark, microprint, magnetic, and other technologies which are able to identify counterfeit banknotes.
The APAC market expected to grow at the highest CAGR during the forecast period

The market in APAC is expected to grow at a CAGR of 8.4% between 2015 and 2020. Governments of Asian countries such as China, Japan, and Australia give prime importance to the security aspect; there are numerous initiatives as well as various counterfeiting laws and penalties have been implemented in these countries to check on the circulation of counterfeit currency.

The report analyzes the market trends for each of the market segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analysis such as Porter’s five forces analysis, value chain with a detailed process flow diagram, and market dynamics such as drivers, restraints, opportunities, and challenges for the counterfeit money detection market. The report also provides a qualitative and quantitative description of the segmentations considered for the market. It also gives a detailed view of the market across four geographical regions: North America, Europe, APAC, and RoW. North America is holding the largest size in terms of value of the counterfeit money detection market, whereas APAC has been identified as the fastest-growing region globally.

The report also profiles the most promising players in the counterfeit money detection market. The key players in the market are Crane Payment Innovations (U.S.), Glory Global Solutions (Japan), Japan Cash Machine Co., Ltd. (Japan), Cummins Allison Corp. (U.S.), Fraud Fighter (U.S.), Cassida Corporation (U.S.), and Royal Sovereign (U.S.) among others.




About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
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