Despite the presence of a large number of small players, the global market for independent lubricant manufacturers features a largely consolidated vendor landscape, wherein the leading four vendors cumulatively accounted for a nearly 58% of the market in 2016, observes a recent report by Transparency Market Research. The Germany-based company FUCHS alone accounted for nearly 37% of the overall revenue generated by the global independent lubricant manufacturers in 2016, hinting towards to stronghold of the company on the global market.

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The level of competition is high and companies compete on the basis of product pricing, distribution channels, and innovative product offerings. Owing to vast growth opportunities in the field of bio-based lubricants, many leading vendors are focusing on the expansion of their product portfolios to include these lucrative products. Expansion across high-growth emerging economies and introduction of economic and environmentally neutral products could be the most rewarding strategies for companies struggling to establish their footing in the global independent lubricant manufacturers market.

Transparency Market Research estimates that the global independent lubricant manufacturers market, which was valued at US$6,800.79 mn in 2016, will reach US$9,454.04 mn by 2025, expanding at a CAGR of 3.80% between 2017 and 2025.

Mineral Lubricants to Help Independent Lubricant Manufacturers Gain Maximum Revenues

The mineral lubricants product segment dominated, accounting for a massive 60.8% of the global independent lubricant manufacturers market in 2016. However, the segment’s share is expected to decline nominally during the forecast period, with the segment of synthetic lubricants experiencing a notable rise. In terms of geography, the global market for independent lubricant manufacturers, in terms of market growth potential as well as revenue share, was led by Asia Pacific in 2016, followed by North America.

Thriving Automotive Industry to Remain Key Growth Driver

Some of the primary factors positively influencing the global demand for lubricants from independent manufacturers are the healthy growth of the global automotive industry and the vast rise in demand for bio-based lubricants. The automotive industry, being one of the key consumers of a variety of lubricants, has been witnessing extensive expansion, especially across emerging economies with strengthening financial conditions and a rapidly rising middle-class population with high disposable incomes.

With strict environment protection regulations in place across most key regional markets, the use of high-quality lubricants has witnessed vast rise in the past years. Expected to remain strong in the near future as well, this trend is expected to have vast positive implications on the overall business of independent lubricants manufacturers across the globe. Environmental regulations will also compel the increased usage of bio-based lubricants, presenting promising growth avenues for independent lubricant manufacturers expanding their product portfolios to include innovative bio-based products.

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Fluctuating Raw Material Costs to Increase Cost Challenges for Manufacturers

Fluctuating prices of raw materials are one of the key challenges hindering the growth prospects of the global market for independent lubricants manufacturers. Fluctuation in raw material costs invariably affect pricing models and mostly have a negative impact on profit margins, especially in cost-sensitive regional markets, wherein consumers easily shift preferences, favoring cheaper alternatives. While bio-based lubricants are expected to witness a healthy rise in demand, their high costs could also deter consumers in developing economies from buying bio-based lubricants and instead choosing conventional crude-oil based lubricants.

This review of the global independent lubricant manufacturers market is based on a recent market research report published by Transparency Market Research, titled “Independent Lubricant Manufacturers Market (Type – Mineral Lubricants, Synthetic Lubricants, and Bio-based Lubricants; Application – Automotive, Aerospace, Marine, and Industrial) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

For the study, the market has been segmented as follows:

Independent Lubricant Manufacturers Market – Product Analysis

Mineral lubricants
Synthetic lubricants
Bio-based lubricants

Independent Lubricant Manufacturers Market – Application Analysis

Automotive
Aerospace
Marine
Industrial
Others

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Name: Rohit Bhisey
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The competition in the global polyester staple fiber market is cyclical in nature and players are mostly seen competing on the basis of price, product quality, and credit terms. They are also seen trying to retain their share by providing technical after-sales support to generate customer loyalty. Going forward, the competition in the global polyester staple market is expected to remain moderate on account of moderate capacity and high barriers of entry to aspiring players because of steep upfront capital and protracted gestation period.

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Some of the key players in the global polyester staple fiber market are Alpek S.A.B. de C.V., Indorama Ventures Public Company Limited, Toray Industries Inc., China Petroleum & Chemical Corporation, Reliance Industries Limited, and W. Barnet GmbH & Co. KG.

A report by Transparency Market Research predicts the global polyester staple fiber market to expand at a CAGR of 4.1% from 2017 to 2025 to become worth US$34.546 bn by 2025 from US$23.167 in 2016. In terms of volume, it forecasts the market to rise at a 4.6% CAGR to reach 23555 kilo tons from 16528.1 kilo tons in 2016.

Rapid Industrialization Catapults Asia Pacific Market to the Fore

Some of the key end-use segments in the global polyester staple fiber market are apparel, automotive, home furnishing, filtration, construction, and personal care and hygiene, among others. Among them, the apparel segment accounts for maximum demand. The apparel segment is said to have consumed 3365 kilo tons in 2016 and going forward too is expected to be the dominant driver of demand.

Geographically, Asia Pacific is the dominant region, powered primarily by the fast-expanding emerging economies of China and India. Some of the factors catalyzing phenomenal growth in the market in the region are a rising spending capacity of people, rapid pace of industrialization, and booming construction activities. Asia Pacific held a substantial 41.4% share in the global polyester staple fiber market in 2016 in terms of revenue.

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Surging Demand for Man-made Fiber Catalyzes Growth

At the forefront of driving growth in the global polyester staple fiber market is the increasing demand for man-made fiber in the textile industry. This is because polyester staple fiber is a key component of man-made fiber.

Another factor boosting the market is the rise in the sales of automobiles since polyester staple fiber finds widespread application in car fabrics. The explosive growth in construction industry, particularly in the developing countries of the world, is also bolstering the market as polyester staple fiber are widely used in construction owing to their ability to provide temperature stability and facilitate improvement in tensile and shear properties of asphalt concrete.

Regulated Cotton Prices Deal a Blow to Polyester Staple Fiber Demand

Hobbling the growth of the global polyester staple fiber market, on the other hand, is the regulated cotton prices in emerging economies of the world. This makes cotton cheaper than polyester staple fiber. Further many countries in the world have anti-dumping duties on purified terephthalic acid (PTA), which have resulted in increased prices of PTA. This will likely have a negative impact on the price of polyester staple fiber.

This review is based on the findings of a TMR report, titled, “Polyester Staple Fiber Market (Type – Solid (Semi-dull Optical White, Bright Optical White, Black Dope Dyed, Colored Dope White, Others Semi-dull, and Others Bright) and Hollow; Origin – Virgin, Recycled, and Blend of Virgin and Recycled; End User – Apparel, Automotive, Home Furnishing, Filtration, Construction, and Personal Care and Hygiene) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

Global Polyester Staple Fiber Market, by Type

Solid
Semi-dull Optical White
Bright Optical White
Black Dope Dyed
Colored Dope Dyed
Others Semi-dull
Others Bright

Hollow

Global Polyester Staple Fiber Market, by Origin

Virgin
Recycled
Blend of Virgin & Recycled

Global Polyester Staple Fiber Market, by End-user

Apparel
Automotive
Home Furnishing
Filtration
Construction
Personal Care & Hygiene
Others

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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The frontrunners in the global biomethane gas market, according to one of the reports by Transparency Market Research, are CNG Services Ltd., Planet Biogas Global GmbH, SGN, Future Biogas Ltd., VERBIO, Magne Gas, Gasrec, Gazasia Ltd., Biogas Products Ltd., Schmack Carbotech GmbH, EnviTec Biogas AG, SoCalGas, ETW Energietechnik GmbH, ORBITAL, and JV Energen.

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As per estimates of a report by Transparency Market Research, the global biomethane market stood at a valuation of US$1,485.4 mn in 2016 and is expected to reach a valuation of US$2,624.5 mn by 2025 rising at a CAGR of 6.7% between 2017 and 2025.

North America and Europe to Continue Garnerning Significant Market Shares

The segments of the global biomethane market based upon application are automotive sector and power generation. The automotive sector is expected to account for a significant share in the market over the forecast period.

The key regional segments into which the global market for biomethane is divided in this report are North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. In 2016, North America and Europe held a significant share of the global biomethane market. The trend is expected to continue over the forecast period as well.

Feasibility of Biomethane as an Automobile Fuel Fuels Growth

One of the key growth drivers of the global biomethane market is the green gas characteristic of biomethane. Biomethane is produced by the natural breakdown of organic material, which includes green waste, agricultural waste, food industry waste, household waste, and even industrial waste. The process of production of biomethane involves breaking down of organic matter in an anaerobic environment to produce biogas, which is further purified to produce biomethane. The resultant gas can be used as a vehicle fuel or can be injected into the main gas network to generate green energy.

The high production efficiency of biomethane production is another significant factor that adds to the advantage of the growth of biomethane market. This attribute makes it feasible for biomethane to be used as an alternative fuel for electricity production and for heat generation from combined heat and power.

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Apart from being an environmentally friendly gas with high potential usage in the automobile sector, biomethane can be produced from the same infrastructure setup for natural gas production. This eliminates additional setup cost in biomethane production. This is expected to be a key factor that will boost the production of biomethane over other fossil fuels in various countries across the globe.

In addition, gasification of organic matter for the production of biomethane has environmental benefits as well. This is mainly because biomethane produced from organic matter prevents the discharge of a large amount of methane and other harmful gases into the atmosphere. The other advantage of production of biomethane is that it eliminates exposure of decaying organic matter into the atmosphere. Hence, methane and other harmful gases are prevented from being discharged into the atmosphere.

The production of biomethane, on the other hand, has a downside as well. Methane as a whole, if released in the atmosphere is about 20 times more detrimental to the environment than other greenhouse gases such as carbon dioxide.

The review presented here is based on the findings of a report by Transparency Market Research, titled “Biomethane Market (Feedstock – Organic Household Waste, Animal Manure, Energy Crops, Agricultural Waste, Sewage Sludge, and Industrial Food Processing Waste; Application – Automotive and Power Generation; Production Method – Fermentation and Gasification) – Global Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025..”

The global biomethane gas market is segmented as follows:

Global Biomethane Market: by Feedstock

Organic Household Waste
Animal Manure
Energy Crops
Agricultural Waste
Sewage Sludge
Industrial Food Processing Waste
Others

Global Biomethane Market: by Application

Automotive
Power Generation
Others

Global Biomethane Market: by Production Method

Fermentation
Gasification

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Website: http://www.transparencymarketresearch.com/biomethane-market.html

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The Canada concrete floor coatings market features a highly consolidated competitive landscape, with the top five contributors to the market holding a substantial 70% of the overall market in 2016, says Transparency Market Research in a recent report. Strong growth of these leading companies, namely The Sherwin Williams Company, PPG Industries Inc., BASF SE, RPM International Inc., and Sika AG, is largely attributed to their continual efforts towards attaining technological expertise and introducing innovative products to the market.

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Expanding their geographical reach with the help of strategic acquisitions and mergers is one of the key growth strategies adopted by companies in the market to strengthen their hold. An instance is BASF SE’s recent acquisition. In December 2016, the company acquired Chemtell Group’s surface treatment business from Albemarle Corp. in Charlotte, North Carolina to improve its coatings portfolio as well as its position as a complete solutions provider to global customers.

Transparency Market Research estimates that the Canada concrete floor coatings market will expand at a healthy 5.2% CAGR from 2017 to 2025, rising from a valuation of US$100.8 mn in 2016 to US$158.0 mn in 2025.

Epoxy Coatings to Keep Contributing Massive Chunk of Revenue to Canada Concrete Floor Coatings Market

From a geographical standpoint, the Ontario concrete floor coatings market accounted for more than 30% of the Canada concrete floor coatings market in 2016. Rising urbanization, increasing disposable income and increasing demand for residential projects have been the prominent factors driving the market in Ontario and are expected to help retain the province its leading stance in the overall market in the next few years as well. In terms of product type, the segment of epoxy coatings accounted for a massive 60% of the overall market in 2016. The segment will continue to account for a massive share in the Canada concrete floor coatings market over the forecast period as well, but is expected to lose to the segment of polyaspartics in terms of growth rate over the forecast period.

Rising Demand from Thriving Construction Sector to Drive Market

Strict environmental regulations in Canada are expected to have a significant influence on the way the Canada market for concrete floor coatings develops in the next few years. In its transition to becoming an environmentally more sensitive country, the government of Canada has put forward regulations to limit harmful emission of VOCs from various paints and coatings. Almost all provinces in the country have been experiencing reduction in emissions since the last 10 years. Rise in demand from the blooming construction industry is another key factor driving the overall development of the Canada concrete floor coatings market.

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Government programs such as Affordable Housing Initiative (AHI) and New Building Canada Plan (NBCP) are projected to propel the construction industry in Canada. This, in turn, is anticipated to augment the market for concrete floor coatings. Additionally, various government efforts to enhance the residential and public infrastructure are likely to contribute to the growth of the market. Upcoming projects of real estate, revitalization of bridges, airport facility expansion, construction of hydroelectric dams, and construction of LNG facilities are expected to augment the demand for concrete floor coatings in Canada in the near future.

This review of the Canada concrete floor coatings market is based on a recent market research report published by Transparency Market Research, titled “Concrete Floor Coatings Market (Product Type – Epoxy and Polyaspartics; Application – Indoor and Outdoor) – Canada Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

For the study, the Canada concrete floor coatings market has been segmented as follows:

Concrete Floor Coatings Market – Product Type Analysis

Epoxy
Polyaspartics
Others

Concrete Floor Coatings Market – Application Type Analysis

Indoor
Outdoor

Concrete Floor Coatings Market – Provincial Analysis

Ontario
Quebec
British Columbia
Alberta
Saskatchewan
Manitoba
Atlantic

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Website: http://www.transparencymarketresearch.com/canada-concrete-floor-coatings-market.html

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Prominent participants in the global polyether polyols market are Huntsman Corporation, The Dow Chemical Company , Covestro AG ., Royal Dutch Shell Plc, China Petroleum & Chemical Corporation., BASF SE, and Solvay S.A. The market, so far, has been on a steady growth trajectory and going forward too is slated to maintain the pace.

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Keen, success-hungry companies in the global polyether polyols market have been investing in increasing their production facilities and capacities, so as to be able to serve a much wider customer base with better products. Besides expansions, other methods in which they have been trying to grow their shares are acquisitions and expanding outreach to relatively untapped markets in emerging economies.

A report by Transparency Market Research forecasts the global polyether polyols market to rise at a 6.5% CAGR during the period between 2017 and 2025. At this rate, the market will likely grow its value from US$10.22 bn in 2016 to US$17.87 bn by 2025, finds the report by TMR.

Booming Automotive and Construction Industries Catapult Asia Pacific to Forefront

Depending upon the type of application, the global polyether polyols market can be divided into flexible foams, rigid foams, CASE, etc. Among them, the flexible foam application segment held a substantial share in the market in 2016 because of robust demand from the furniture and bedding sector. The rigid foam segment, however, is predicted to expand at a significant clip in the near future due to its application in the booming automotive industry.

Based on geography again, the global polyether polyols market can be segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific, among them, is a key market with accounts for most of the demand. In the years ahead, the demand is slated to go up further in the region owing to solid demand for polyurethane foams in end use industries such as furniture and bedding, construction, and automotive in the region. The growing demand for polyether polyols in various applications such as insulations, cosmetics, lubrications, and coatings are also predicted to drive the polyether polyols market in Asia Pacific in the years ahead. The report by TMR predicts the Asia Pacific market to clock a CAGR of 7.4% from 2017 to 2025.

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Polyurethane Industry Mainly Driving Demand in Market

At the forefront of driving demand in the global polyether polyols market is the polyurethane industry, particularly for the production of polyurethane foams. “While the flexible foams find applications in car seats and interiors, furniture, carpet interlay, and bedding, the rigid foams find application in refrigeration and packaging. Polyether polyols are also used in surface active agents, adhesives and sealants, synthetic lubricants, and elastomers. Specialty versions of these polyols are used in castings, specialty coatings, inks, defoamers, and adhesives,” explains the lead analyst of the TMR report.

Serving to hamper the global polyether polyols market, on the other hand, is the concerns over the health hazards of polyols. However, development of bio-based polyether polyols will likely help to overcome the challenge by opening up new avenues for growth. Bio-based polyether polyols are made from natural oils and this makes them environmentally sustainable.

This review is based on the findings of a TMR report, titled, “Polyether Polyols Market (Type – Synthetic, Natural, and Graft; Application – Rigid Foam, Flexible Foam, and CASE; End Use – Automotive, Construction, Furniture & Bedding, Refrigeration, and Industrial) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

The report segments the global polyether polyols market as follows:

Global Polyether Polyols Market, by Type

Synthetic
Natural
Graft

Global Polyether Polyols Market, by Application

Rigid Foam
Flexible Foam
CASE
Others

Global Polyether Polyols Market, by End-use

Automotive
Construction
Furniture & Bedding
Refrigeration
Industrial
Others

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Website: http://www.transparencymarketresearch.com/polyether-polyols-market.html

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The global market for peptide therapeutics has been dominated by Teva, Novo Nordisk, Eli Lilly, and Sanofi, states Transparency Market Research (TMR) in a research report. These players collectively held a share of over 75% in the global peptide therapeutics market in 2015. These market players are directing thorough research and have taken up different improvement activities to highlight their particular shares in the overall industry, which is probably going to build the competition inside this market, states the research report.

The global market for peptide therapeutics was pegged at US$21.3 bn in 2015 and is expected to rise to a valuation of US$46.6 bn by 2024. The market is expected to expand at a 9.10% CAGR from 2016 to 2024.

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Immunopeptides to be in High Demand

The report breaks down the worldwide market for peptide therapeutics on the premise of various market parameters. One among them is the kind of molecule, in view of which, the market has been arranged into somatostatin, natriuretic, vasopressin, calcitonin, and immunopeptide. On account of the expanding use of immunopeptide for the treatment of a few conditions, for instance, tumors and cancers, the immunopeptide segment has been enlisting a higher development than others.

Since the treatment of these maladies is complex, more ventures is being made by the key market players in innovative development of various different treatments, among which the immuno treatment is the most supported one. This, thus is foreseen towards positive development of the immunopeptide segment soon, takes note of the investigation.

Region-wise, the report sections the overall market for peptide therapeutics into the Middle East and Africa, Europe, North America, Latin America, and Asia Pacific. In 2015, North America procured the main position in the worldwide market with a share of over 38.8%. It is anticipated that this region will hold its position over the time of the conjecture, because of the infrastructural headways in the healthcare and medical industry. The rise of peptide therapeutics as an exceptionally intense medications for the treatment of malignancy and different ailments and the prevalence of market leaders in the U.S. are additionally anticipated to help the North America market for peptide therapeutics in the coming years.

Rising Use of Peptide for Treatment of Cancer to Bolster Adoption

The core reason behind the substantial growth of the global market for peptide therapeutics is the growing prevalence of cancer. As indicated by the WHO, almost 7 million individuals face death from cancer consistently and there will be more than 16 million new growth cases each year by 2020. Since chemotherapy is confronting significant difficulties because of its powerlessness to convey the right measure of medication directly, the utilization of peptides in tumor treatment has expanded, opening new roads for future development.

Going ahead, the rising rate of metabolic issue is probably going to make lucrative prospects for the players operating in the global peptide therapeutics market in the years to come. In any case, the absence of administrative models may confine the market from developing throughout the forecast period.

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Name: Rohit Bhisey
Organization: Transparency Market Research

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The healthcare industry recognizes medical device as all equipment and tools that are used either individually or together for diagnostics or therapy. This spectrum includes medical instruments, materials, devices, software, and electronic devices. The competitive landscape of the global medical device technologies market is currently hinged around the top players, with the likes of Abbott Laboratories, Medtronic Plc., and GE Healthcare being among the list. Most of the players are focusing heavily on the enhancement of existing technologies while still dedicating a huge chunk of their resources for product innovation. The nature of the market is such that entry for newer players can be difficult, but not impossible due to the desperate need for newer technologies and innovative patents in the market.

The global Medical Device Technologies Market is expected to reach US$563.88 bn by the end of 2025. The market was valued at US$377.56 bn in 2016 and is expected to expand at an optimistic CAGR of 4.6% from 2017 to 2025.

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One of the key trends currently molding the flow of the global medical device technologies market for now and for the immediate future, is the rise of the patient-centric treatment concept. This is more prevalent in developed economies from North America and Europe, where the healthcare and medical infrastructures are advanced enough to streamline their processes for a consistent and successful patient diagnostics, monitoring, and treatment.

The global medical device technologies market holds a core aspect of its demand scales on the rate of patients falling ill or suffering trauma or injuries. Of these, the accelerating spread of infectious diseases is the top factor driving the demand for medical devices. A more specific device type segment of the global medical device technologies market being affected by this rise is in vitro diagnostic devices. Among the number of device types classified in the market, in vitro diagnostic devices are among the leading ones dominating the market. This is partly due to the growing demand for noninvasive diagnostic practices, of which in vitro devices form a key part of, and partly due to the significantly higher rate of development and advancement of technologies in this segment.

Recently, the FDA cleared the use of a new test that can help detect multiple forms of hematologic malignancies. The new test makes use of fluorescent dyes that can mark proteins on the cell surface. The development of similar tests and diagnostics is what is driving the rate of incorporation of in vitro diagnostics into most healthcare organizations and their processes.

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Name: Rohit Bhisey
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Website: http://www.transparencymarketresearch.com/pressrelease/medical-device-technologies-market.htm

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Transparency Market Research has released a new market report titled “Fuel Cells Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 – 2024”. According to this report, the global fuel cells market volume stood at 186,210 units and is expected to reach 1504,005 units by 2024 at a CAGR of 24.58% from 2016 to 2024. The global market for fuel cells, by revenue stood at US$ 3.59 Bn in 2015 and is expected to reach US$ 27.25 Bn by 2024 at a CAGR 23.64% from 2016 to 2024.

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Fuel cells are electro-chemical devices that transform the chemical energy into heat and electricity by the oxidation of fuel (hydrogen, natural gas and methanol) contained in the fuel cell. The fuel cells usually comprises electrodes and electrolytes between which the oxidation reaction takes place. Electrolytes used in fuel cells are materials that contain many ions (atoms or molecules that have a net electrical charge), making it easy for an electric current to flow through them. Basic fuel cell components include electrodes, membranes, catalysts, polymers, and ceramics. These components are procured from the suppliers along with the components such as valves subsystem, membrane electrode assembly (MEA), which are then forwarded to the system integrators. Catalysts (platinum, nickel, and conductive ceramics) are used to speed up the reaction at the electrodes

The only byproducts are water and a small amount of nitrous oxide due to which fuel cells are eco-friendly, safe, and secure to use. Fuel cells are not thermal energy based, they generate power using hydrogen as a basic ingredient. The heat and electricity generated from fuel cells is utilized in various industries for different applications such as stationary, transportation, and portable. Fuel cells involve hydrogen and other gases as one of the basic components for generating power. Hydrocarbon fuels such as methanol, ethanol are also used in extracting hydrogen during reformation procedure. This procedure leads to carbon dioxide emissions up to a certain extent, however, highly efficient plants release negligible amounts of carbon dioxide.

Research and development activities in demonstration and adoption of improved and efficient fuel cell technology would reduce carbon dioxide emissions and enhance the efficiency of power delivered. Rapid population growth, high dependency on fossil fuels, increasing electricity demand, strict government regulations to minimize carbon emissions, and high awareness in different countries about clean energy usage are the main drivers for the fuel cells market

Fuel cells are emerging technologies, which are currently utilized as a source of heat and electricity in buildings and the commercial sector. The use of fuel cells in applications such as stationary, portable, and transport is expected to increase significantly throughout the forecast period as even more stringent environmental legislation are enforced. Currently, stationary applications of fuel cells, such as in CHP and backup power systems, dominates the market for fuel cells. Portable applications mainly include consumer electronics such as laptops, tablets, mobiles, and cameras. The use of fuel cells in the transportation sector is moderate. However, constant research and development activities going on by different governments and companies to integrate efficient fuel cell system in vehicles such as buses, trucks, cars etc. would boost the demand for fuel cells in transportation sector in the next few years.

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The fuel cells market has been segmented in terms of type, application and geography. By type, the fuel cell market has been segmented into proton exchange membrane fuel cells (PEMFC), direct methanol fuel cells (DMFC), solid oxide fuel cells (SOFC), and others. By Application, the market has been segmented into stationary, portable, and transport. By type, proton exchange membrane fuel cells (PEMFC) held the largest share (62.42%) of the market in 2015. By application, stationary held the largest share (64.82%) for the market in 2015.

Growth in the fuel cells market is driven by the need for adoption of cleaner fuel sources, high electricity demand, excess depletion of fossil fuels and stringent regulatory norms to minimize carbon emissions. Rapid population growth followed by high electricity demand has resulted in a paradigm shift towards alternate sources of electricity generation such as fuel cells. Rapid rise in the industrial application of hydrogen gas is expected to boost the demand for fuel cells globally. However, distribution and transportation challenges associated with hydrogen coupled with the high cost of fuel used in fuel cells such as hydrogen or other gas as against fossil fuels may restrain growth of the fuel cells market. Key players in the fuel cells market include AFC Energy PLC, Ballard Power Systems Inc., Doosan Fuel Cell America, Inc., FuelCell Energy, Inc., Hydrogenics Corporation, Nedstack Fuel Cell Technology B.V., Plug Power, Inc., Panasonic Corporation, SFC Energy AG, and Toshiba Corporation. The fuel cells market has been segmented as follows:

Fuel Cells Market: By Type

Proton Exchange Membrane Fuel Cells (PEMFC)
Direct Methanol Fuel Cells (DMFC)
Solid Oxide Fuel Cells (SOFC)
Others

Fuel Cells Market: By Application

Stationary
Portable
Transport

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Website: http://www.transparencymarketresearch.com/fuel-cell-market.html

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Transparency Market Research has released a new market report titled “Off-grid Power Systems for Remote Sensing Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 – 2024.” According to this report, the global off-grid power systems for remote sensing market was valued at US$ 1,193.85 Mn in 2016 and is projected to reach US$ 2,105.95 Mn by 2024 at a CAGR of 7.35% from 2016 to 2024.

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The global off-grid power systems for remote sensing market is driven by the need for power surge protection through fuel cells and backup batteries coupled with the growing applications/adoption of LIDAR in the wind energy sector. Increasing investments in offshore wind energy plants will also create a demand for off-grid power systems for remote sensing. Major players of the industry focus on research and technology to develop a remote sensing product with highest accuracy. The end-user industries are dependent on the data provided by the remote sensing systems for proper operations. Hence, accuracy of remote sensing systems will play an important role in the growth of the off-grid power systems for remote sensing market.

Use of off-grid technologies reduces the reliability on grid power, enabling smooth operations in remote sensing activities. Battery backup uses batteries with lead acid, lithium ion, and nickel cadmium, among others as a material to ensure longer battery life for smooth performance. Solar PV technology also uses battery backup due to its intermittent power supply problem. Fuel cells is a new and emerging technology and the market for fuel cells is anticipated to expand at a high rate in the next few years. In terms of technology, battery backup is anticipated to be the largest segment of the global off-grid power systems for remote sensing market during the forecast period. The battery backup segment is driven by the use of advanced technologies and the influx of investments in battery manufacturing. High investments in battery manufacturing are resulting in advancements such as increased energy for longer runtimes and improved power for high current load requirements which are particularly required in remote sensing applications. Significant efforts are being undertaken to develop the battery technology for remote sensing applications. For instance, the ratio capacity to size is increasing. This enables a higher number of power consuming activities such as longer flights and heavier payloads. In terms of new development, major companies are developing remote power systems for outdoor backup power solutions which provide uninterrupted power supply for monitoring activities in oil & gas and wind energy sector.

Fuel cells are also used as one of the off-grid power supply options for remote sensing in oil & gas and wind energy sectors. Fuel cell technologies are being developed in order to support climate change and meet energy security goals in several industries, such as transportation, industry, buildings, and power. Fuel cell companies are seeking government help to accelerate the development and deployment of fuel cell technologies by ensuring continued research, development, and demonstration (RD&D) funding for hydrogen generation and conversion technologies, such as electrolyzers and fuel cells.

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Other technologies considered in off-grid power systems for remote sensing market include solar PV and hybrid technology. Solar PV can be used as a source of power for UAVs (Unmanned Aerial Vehicles) in remote sensing, usually for large-sized platforms with long flying missions. Solar cells combined with Li Po (Lithium Ion Polymer) and Li S (Lithium Ion Sulfide) batteries constitute a day/night power solution for several days of flight which is a hybrid technology of solar cells and battery backup.

The oil & gas end-user segment dominated the off-grid power systems for remote sensing market in 2014. Growth of the LIDAR market and demand for alternate energy have fueled the demand for off-grid power systems for remote sensing market. The wind energy sector uses SODAR (SOnic Detection and Ranging) and LiDAR (Light Detection and Ranging) technologies to support wind resource assessments. These remote sensing devices are quite easy to use and move from site to site. Remote sensing is used in various other industries such as water resource management, military, weather stations, agriculture, and bioenergy. Remote sensing devices coupled with off-grid technologies are used to acquire accurate data with the help of images taken from space using satellites or using aircrafts.

Wind energy is becoming a prevalent source of renewable energy based power generation for electricity in windy areas. Wind resource assessment is an essential and necessary step for appropriate wind turbine selection. A typical wind energy development project has three important aspects of measurement: quantification of available wind resource, study of geographical and geological conditions of the project site, and wind turbine power curve. The wind energy assessment process could include usage of remote sensing data to assess any of the components such as precision of extrapolations from tower data, shear coefficients to be used with tower data, hub-height wind speeds and directions, and wind resource variability across the site. Remote sensing equipment such as SODAR and LIDAR are used to support wind resource assessments. These provide wind turbine hub-heights, wind speeds and direction, vertical wind speeds, and wind shear and veer above the heights of typical meteorological (met) tower measurements.

Other end-user industries where remote sensing is used through off-grid power systems include water resource management, forestry, agriculture, military, and weather stations. Different data sources such as field survey, aerial photography, and satellite imagery are used to gather various information requirements in forest management, depending upon the level of details required and extension of the area under study.

Key players in the global off-grid power systems for remote sensing market include Acumentrics Holding Corporation, Tycon Systems Inc., UPS Systems Plc., Timber Line Electric and Control Corporation, SFC Energy AG, Victron Energy B.V., HES Energy Systems Pte. Ltd., Ensol Systems Inc., Evergreen Energy Technologies Inc., and Energy Solutions (UK) Ltd. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, SWOT analysis, and recent developments.

The off-grid power systems for remote sensing market has been segmented as:

Off-grid Power Systems for Remote Sensing Market: By Technology Type

Battery Backup
Fuel Cells
Others

Off-grid Power Systems for Remote Sensing Market: By End-users

Oil & gas
Wind
Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Name: Rohit Bhisey
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Website: http://www.transparencymarketresearch.com/off-grid-remote-sensing-power-system-market.html

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The global ultrasound devices market is highly consolidated with few key players leading the market, states Transparency Market Research (TMR) in a research report. Koninklijke Philips N.V., Fujifilm Holdings, and GE Healthcare were the leading companies operating in the market in 2014. In the exact same year, they collectively held a share of 67.1% in terms of revenue. This proves the level of consolidation in the market is extremely high. The vast majority of the major worldwide and provincial players figure out how to secure strong ground in this market through long haul deals contracts with clients. New contestants to the ultrasound gadgets situation won’t just need to go up against the mammoth piece of the overall industry held by these best players, additionally need to oversee stores amid the costly starting period of establishment and acquisition.

According to a TMR analyst, “The global market for ultrasound devices is expected to witness a CAGR of 5.8% between 2015 and 2023. Rising from a valuation of US$6.7 bn in 2014, the market will most likely touch US$11 bn by the end of 2023.”

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Doppler Technology to be Prospect of Ultrasound Devices

The high rate of mechanical headways happening presently are relied upon to cut the street for the eventual fate of ultrasound gadgets. One of the prime product advancements is the Doppler ultrasound gadget, and it is relied upon to pick up client support and market income share at a fast rate sooner rather than later. Doppler ultrasound gadgets are to a great degree profitable for imaging of blood stream and blood maladies. The symptomatic sharpness that Doppler ultrasound gadgets can add enables medicinal staff to rapidly focus on the issue and give successful treatment. Cutting edge concepts such as pocket ultrasound devices and Doppler ultrasound devices are anticipated to pave a successful path for sales in the near future.

Region-wise, in 2014, the leading share of 33.8% in terms of revenue was accounted by Europe. It was closely trailed by Asia Pacific. However, the market is expected to witness a paradigm shift with Asia Pacific taking over the market giant Europe and replacing it to be the leading region in the global ultrasound devices market by the end of 2023. This sudden growth of the market in Asia Pacific can be attributed to the high amount of investments being made from China along with supportive healthcare reforms, thus increasing the adoption of ultrasound devices in the region.

Growing Patent Count to Accelerate Sales of Ultrasound Devices

“Most therapeutic administrative and counseling bodies, including the WHO, concur that the quantity of patients experiencing cardiovascular ailments is developing at an alarmingly high rate,” expresses a TMR expert. “The WHO clarifies that the quantity of heart patients is relied upon to cross 23 mn by 2030. This is all that anyone could need to demonstrate that human services associations around the globe are in grave requirement for cutting edge ultrasound gadgets.”

Comparative conditions can be found on account of tuberculosis, as the WHO expressed that the rising populace thickness is making it less demanding for the illness to spread and contaminate more individuals. TB is another sickness that can be successfully determined to have ultrasound gadgets, additionally boosting its request. However, the market might face little hindrances owing to the difficulty associated with the operation of these devices. Thus, to make these devices handy and light weight, researchers are focusing on making them technologically advanced enough to suit everyone’s purpose.

The study presented here is based on a report by Transparency Market Research (TMR), titled, “Ultrasound Devices Market (Product – Cart/Trolley based Ultrasound Devices and Compact Ultrasound Devices; Technology – 2-D Ultrasound Imaging, 3-D and 4-D Ultrasound Imaging, Doppler Ultrasound Imaging, High Intensity Focused Ultrasound (HIFU), and Lithotripsy Ultrasound Imaging; Application – Radiology, Obstetrics and Gynecology, Cardiovascular, and Gastroenterology) – Global Industry Analysis, Size, Volume, Share, Growth, Trends, and Forecast 2015 – 2023.”

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/

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