The dynamic nature and immense potential held by the global pain management devices market have created high competitive rivalry among key players, observes Transparency Market Research (TMR) in a new study. Companies such as St. Jude Medical Inc., Medtronic PLC, and Boston Scientific Corp. are the torch bearers in the global arena, owing to the excellent distribution channels and extensive supply capabilities. This, along with their diversified product portfolio, ensure their prominence in the market.

“However, a raft of medical device manufacturers are expected to foray into the global market, which is likely to alter the current dynamics and intensify the competition over the coming years,” says TMR’s lead analyst. The global market for pain management devices is anticipated to reach a valuation of US$6.3 bn by 2023, progressing at a CAGR of 7.60% between 2015 and 2023.

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North America to Retain Dominance Owing to Presence of Robust Healthcare Infrastructure

Based on product, the neurostimulation devices segment will continue to be the leading revenue contributor until 2023. The commercialization of pathbreaking technologies related to neurostimulation and widening pool of patients suffering from chronic pain such as cancer and musculoskeletal pain are fuelling the dominance of the segment. On the other hand, the analgesic infusion pumps segment will exhibit a significant CAGR of 10.3% during the review period.

Geographically, North America will continue to lead the market until 2023, accounting for 48.7% of the overall market revenue. The increasing incidence of sports-related injuries and presence of advanced healthcare infrastructure are translating into the greater uptake of pain management devices in the region. Asia Pacific is estimated to be the most promising region, owing to the mounting cases of diabetes and chronic wounds.

Growing Geriatric Population to Boost Adoption of Pain Management Devices

The expanding pool of patients suffering from chronic medical conditions such as cancer, diabetes, osteo and rheumatoid arthritis, obesity, and spinal problems, have resulted in an increase in the incidence of chronic pain in individuals. Several studies indicate that over 20% of the adult population across the globe suffers from chronic pain.

Nearly half of the cancer patients, worldwide, have complained about the severe pain they experience at the time of diagnosis and about 75% of them experience a gradual rise in pain with the progression of disease. Occurrence of chronic pain has also been observed in nearly 70% of patients having spinal cord injuries, 28% of patients suffering from multiple sclerosis, and 8% of stroke patients. These factors, collectively, are augmenting the demand for pain management devices.

“Aged people, who require continual medical care and interventions, represent a sizeable pool of patients suffering from chronic diseases,” says a TMR analyst. Thus, the rapidly growing geriatric population is providing a fillip to the global pain management devices market.

Dearth of Pain Specialists to Hamper Growth Prospects

The soaring concerns regarding pain management devices implantation are holding patients back from adopting them. This is further compounded by the dearth of primary care professionals and pain specialists. These factors are, therefore, keeping the global pain management devices market from realizing its utmost potential. Moreover, the high purchase and procedural costs of these devices are adversely affecting the growth of the market.

In developing and less developed regions, the awareness levels pertaining to the availability and use of these devices are typically low. Along with this, there are limited number of pain clinics in these regions. Hence, the low adoption of pain management devices in these regions is negatively impacting the overall market. Nevertheless, the high unmet medical needs coupled with the rising disposable income of the populace in emerging countries are opening new avenues for players in the global pain management devices market.

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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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The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units.

While expanding operations across emerging nations has become a mainstay strategy, they are also exploring opportunities via strategic collaborations and joint ventures. However, such persisting efforts to gain edge over rivals has made the prevailing competition in the global intumescent coatings market even fiercer.

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The strategies adopted by the players have a profound impact on the overall intumescent coatings market, which according to TMR will exhibit a CAGR of 7.0% between 2016 and 2024. At this pace, the market is expected to reach US$675.6 mn by the end of 2024, from its valuation of US$372.9 mn in 2015.

Among the segments in terms of application, the building and construction sector has exhibited the highest demand for intumescent coatings. While the segment will remain at the market’s fore through the forecast period, the oil and gas industry will emerge as a key consumer during this time as well. Regionally, Asia Pacific emerged dominant with a share of 40% in the global intumescent coatings market in 2015. Against the backdrop of rising construction activities across emerging nations, the demand for intumescent coatings will continue pacing up through the forecast period in 2015. China will leading the intumescent coatings market in Asia Pacific. Besides this, the market is likely to witness lucrative opportunities in Japan and India over the forthcoming years.

Intumescent Coatings Image

Expansion in Building and Construction Industry Fuels Demand for Intumescent Coatings

The global intumescent coatings market is chiefly driven by the expansion of the building and construction industry worldwide. Besides this, the soaring population and urbanization witnessed especially in developing nations have enabled the market exhibit strong growth over the last few years. Safety of buildings from unforeseen hazards such as fire and excessive heat is the chief concern among consumers. Capitalizing on this, contractors are adopting intumescent coatings, since they foster greater strength and stretch the longevity of structural steel, thereby preventing the building from collapsing. In addition, implementation of stringent norms by government intended at improving fire safety across buildings will act as a key market driver.

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Scarcity in Supply of Raw Materials to Emerge as Key Restraint

On the downside, the scarcity of titanium oxide will pose threat to the market. Also bottlenecks in supply dynamics of raw materials will emerge as a key hindrance in the coming years. Nevertheless the rising application in steel, chemical, and petrochemical sector will give impetus to the market in the near future. Intumescent coatings offer excellent fireproofing, which is why their demand in business operations that are exposed to elevated temperature is considerably high. On the back of these factors, the global intumescent coatings market will continue exhibiting a positive trajectory through the report’s forecast period.

The report segments the global intumescent coatings market into:

By Resin Type

–Acrylic
–Epoxy
–Polyurethane
–Others

By Fire Type

–Cellulosic
–Hydrocarbon

By Technology Type

–Water based
–Solvent Based
–Powder Based

By Application Type

–Building & Construction
–Oil & gas
–Transportation
–Consumer electronics
–Others

This review is based on a TMR report, titled “Intumescent Coatings Market (Resin Type – Acrylic, Epoxy, and Polyurethane; Fire Type – Cellulosic and Hydrocarbon; Technology – Water-based, Solvent-based, and Powder-based; Application – Building & Construction, Oil & Gas, Transportation, and Consumer Electronics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/intumescent-coatings-market.html
Phone Number: +1-518-618-1030
Address: 90 State Street, Suite 700, Albany, NY 12207, USA

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The global marine seismic equipment and acquisition market demonstrates a highly consolidated competitive landscape, finds a new research study by Transparency Market Research (TMR). In 2015, nearly 90% of the whole market was acquired by the top six players, namely, CGG, PGS, TGS, Polarcus DMCC, Fugro N.V., and SeaBird Exploration PLC.

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The slowdown in the demand from the main end user of marine seismic equipment and acquisition, that is, the oil and gas industry is expected to intensify the competition within this market substantially in the near future, states the report.

As per TMR’s estimations, the global marine seismic equipment market presented an opportunity worth US$0.36 bn in 2015. Expanding at a CAGR of 4.50% during the period from 2016 to 2024, the market is expected to cross US$0.53 bn mark by the end of the forecast period. Over the same period of time, the global market for marine seismic acquisition is estimated to rise from US$3.5 bn in 2015 to US$5.6 bn by 2024, increasing at a CAGR of 5.30%. The 3D survey is the key technology used for marine seismic acquisitions and is projected to continue to lead over the next few years.

High Demand for Conventional Oil Reserves to Ensure Europe’s Dominance

Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa have been considered as the key regional markets for marine seismic equipment and acquisitions in this research report. With US$944.1 mn in marine seismic acquisition and US$83.1 mn in marine seismic equipment, Europe led this market in 2015. Thanks to the high demand for conventional oil reserves, this regional market is likely to remain seated in the leading position throughout the forecast period.

North America stood second in the global marine seismic equipment and acquisition market in 2015. Analysts predict it to retain its position over the next few years, on account of the substantial growth in the end-use industries, such as mining, construction, and oil and gas. However, the most promising opportunities for growth of the marine seismic equipment and acquisition market is expected to be found in Latin America and the Middle East and Africa.

Latin America, specifically, is anticipated to turn as a highly lucrative market for marine seismic acquisition on account of the augmenting demand from exploration and production firms. The Middle East and Africa, on the other hand, is projected to benefit marine seismic equipment vendors significantly in the near future due to the substantial rise in its oil and gas industry, states the report.

Increasing Oil and Gas Exploration Activities in Emerging Regions to Fuel Demand

“The tremendous rise in the oil and gas industry across the world is the key factor behind the immense growth of the global marine seismic equipment and acquisition market,” says an analyst at TMR. Marine seismic acquisitions and various analytical data are a critical part of oil and gas exploration procedures. With the increase in oil and gas exploration activities in emerging regions, such as Latin America and Africa, the demand for these acquisitions is likely to escalate significantly in the near future, propelling the market for marine seismic equipment and acquisitions across the world.

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On the other hand, the decrease in seismic survey contracts and the slow demand for marine seismic acquisitions from the oil industry in the Middle East and Europe may hamper the growth of this market to some extent over the forecast period, notes the study.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Marine Seismic Equipment and Acquisition Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

The global marine seismic equipment and acquisition market has been segmented as follows:

Marine Seismic Equipment Market – Equipment Analysis

Sub-Bottom Profilers
Seismic Sensors
Scalar Sensor
Vector Sensor
Geophones & Hydrophones
Streamers
Single Streamer
Multiple Streamers
Air / Water Guns

Marine Seismic Acquisition Market – Technology Analysis

2-Dimensional (2D) Survey
3-Dimentional (3D) Survey
4-Dimensional (4D) Survey
Ocean Bottom Nodes
Two-Component (2C) Nodes
Four-Component (4C) Nodes
Permanent Seismic Installations
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
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/marine-seismic-equipment-acquisition-market.html

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Collecting the solar power in outer space and transmitting it wirelessly to the surface of the earth for usage in various applications is the basic concept of space based solar power (also known as SBSP). High collection or absorption rate of uninterrupted solar energy is one of the primary advantages of the technique. During night and cloud cover, solar energy is unavailable on earth. The incoming solar energy is largely affected by earth’s atmosphere. About 30% of incoming solar energy is reflected to the space due to earth’s thick atmosphere. The tilt of the earth’s axis actually causes various seasons, which in turn affects the incoming solar radiation. In space the absence of atmosphere & zero effect of the earth’s tilt poses a great opportunity to harness the incessant solar energy.

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Self-assembling satellites are launched into space, and equipped with reflectors and microwave or laser power transmitter. These expandable reflectors or mirrors expands & directs solar radiation onto the panels. These panels transform solar energy into microwave or a laser, and transmit the uninterrupted beam down to power receiving stations on earth and add it to the electric grid. Space based solar power can deliver large amount of energy with minimal impact to the environment. It may solve energy and greenhouse gas emission issues. Two types of satellites are being discussed for designing of SBSP: microwave transmitting satellite and laser transmitting satellite. Of these two types, the microwave transmitting satellite is larger in size and orbits at much higher altitude (around 30-35000 km). It incurs higher cost of launching and setting the satellite system into the orbit. Whereas the laser transmitting system is smaller in size and orbits the earth at lesser altitude of 300-400 km above the earth’s surface thus has lesser cost. However, the construction of such a system requires significant investment in R&D and then into a pilot project.

The application of SBSP derived solar energy is large as the source of energy is limitless. The energy emitted by the sun every hour is more than that consumed by a human in a year. The energy gathered at the station located on the earth’s surface will provide uninterrupted electricity for domestic, commercial, and industry usage. Increase in number of such projects may completely transform the ongoing energy scenario. Waste free operation is another driver of this technology. Nuclear waste generated by nuclear power plant & coal power plant pollutes the environment and also incurs huge cost for its disposal.

High cost of launching the equipment into the geostationary orbits is a major restraint of this technique. The rocket technology is evolving, thus it is possible to have reusable rockets in near future. Reusable rockets will increase the frequency of launching and thus the cost of launching operation will reduce. Reduction in launching cost of SBSP will promote the concept to become a reality.

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The technology is not yet available in the market. However, the following organizations plan to engage in SBSP: NASA, Japanese Aerospace Exploration Agency (JAXA), European Space Agency (ESA), & Space Energy Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/space-based-solar-power-market.html#

ReleaseID: 8042

Exterior Packaging Market: Overview

Exterior Packaging refers to any packaging used for enclosing or protecting products for distribution, storage, sale, and use. However, it does not include interior packaging such as Internal Pouches, Pillow Packs etc. which in turn are used as a compliment to exterior packaging to enhance protectiveness and does not contribute to aesthetics, thus governing purchasing decisions. The availability of variegated type of exterior packaging is the most prominent driver fuelling revenues in the global exterior packaging market.

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The global exterior packaging market is expected to expand with an impressive CAGR over the forecast period.

Exterior Packaging Market: Drivers & Restraints

The major factors boosting the growth of Exterior Packaging Market is rising disposable income which has led to increase in consumer power, and has directed the modern consumerism, which includes product packaging and the need to transport products safely with good control during handling. As Exterior Packaging is a sure attention getter in the marketplace due to its front printed appearance, demand for the product due to its aesthetic look in another driver for the global Exterior Packaging market. Apart from this, the customization Exterior Packaging offers as per the packaging and handling needs is also an added advantage for various companies to adopt Exterior Packaging for all packs irrespective of the sizes. Trends in the market include shift towards packaging which takes less production times and is significantly light weight, to offer logistic cost benefits. Further environmental effects of many packaging materials is restraining the demand for those materials, and companies are shifting towards organic based packaging. The availability of variegated type of exterior packaging options for one product, is a significant driver for the market, as it pushes companies to often shift from one packaging to other, based on consumer preferences, environmental regulations and cost effectiveness.

Exterior Packaging Market: Market Segmentation

The Exterior Packaging market is segmented into three parts on the basis of its type, usage type, material and end use.

Based on Type, the Exterior Packaging Market is segmented into:

Rigid
Flexible

Based on Material Type, the Exterior Packaging market is segmented into:

Plastic
Metal
Brick Cotton
Cardboard
Glass
Others

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Based on usage type, the Exterior Packaging market is segmented into:

Primary Packaging
Secondary Packaging
Tertiary Packaging

Bases on end use industry, the Exterior Packaging market is segmented into

Industrial Goods
Consumer Goods
Electrical and Electronics
Food and Beverages
Healthcare and Pharmaceuticals
Retail
Others

Exterior Packaging Market: Regional Outlook

Geographically, Exterior Packaging market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Asia Pacific Exc. Japan has been a global leader in Exterior Packaging market, due to high demand for consumer goods, particularly in across all industry verticals inclusive of automotive components, food and beverages, pharma or retail and regions existing high preference for polythene based products. The aesthetic look and safety features has led many North American and Western Europe based players to switch packaging of their normal products towards different Exterior Packaging. However stringent environment regulation in these countries is leading regional companies to adopt costlier but environment friendly solutions. Now a days, one can find applications of Exterior Packaging in almost every area, and products carrying these packets can be seen in every super market store in North America. In Western Europe, many industrial, hardware, pharmaceutical, F&B and nutraceutical products have adopted Exterior Packaging, thus, fuelling more demand for such packaging. Latin America is another prominent consumer market with a vast consuming population, also the products in the region often require long logistics and transportation efforts, thus heavy duty poly bags are gaining wide acceptance in the region. Middle East and African markets are also executing high adoption rate for Exterior Packaging, amid high preference for plastic based packaging in the region.

Exterior Packaging Market: Key Players

Some of the players identified in Global Exterior Packaging market are:-

International Paper
WestRock
Stora Enso
Reynolds Group
Amcor
Smurfit Kuppa
Crown Holdings
Ball
Mondi
Sealed Air

Name: Rohit Bhisey
Organization: Transparency Market Research

ReleaseID: 8031

A new study by Transparency Market Research (TMR) states that the degree of competition between BASF SE, Air Liquide SA, Sasol Ltd., and The Linde Group defines the competitive landscape of the global syngas and derivatives market . Over the coming years, the rivalry between these players is likely to increase substantially due to their rising involvement in mergers, acquisitions, and partnerships.

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According to the research report, the overall consumption of syngas and derivatives which were 115,000 MWth in 2015, is likely to swell at a healthy CAGR of 9.40% during the period from 2016 and 2024 and reach 256,605 MWth consumption volume by the end of the forecast period. Biomass gasification is the most applied technology for manufacturing of syngas and derivatives across the world and is likely to remain so over the next few years.

Global Syngas and Derivatives Market to Remain Dominated by Asia Pacific

In this research report, the worldwide market for syngas and derivatives has also been analyzed on the basis of geography. As per the study, Asia Pacific, the Middle East and Africa, North America, Europe, and Latin America are considered as the main geographical segments of this market. In 2015, Asia Pacific led the global market with a share of more than 52%. The regional market is anticipated to retain its dominance over the forecast period, thanks to the availability of coal and natural gas reserves in abundance. The rise in urbanization, infrastructural developments, and the continual discoveries in the field of oil and gas are also projected to support the Asia Pacific market for syngas and derivatives over the forthcoming years.

The market for syngas and derivatives in the Middle East and Africa, which stood second in 2015, is anticipated to maintain its position in the near future, owing to the augmenting usage of syngas for the generation of power electricity. On the flip side, the markets in North America, Latin America, and Europe are predicted to witness a sluggish rise over the years to come, notes the market study.

Concerns over Limited Number of Fossil Fuel Resources to Prompt Shift towards Syngas and Derivatives

The increasing concerns over the finite number of fossil fuel resources, coupled with the rising level of pollution caused by them in the atmosphere, has fueled the need to reduce the dependency on them. “With syngas emerging as a promising alternative to fossil fuel, its demand has swelled substantially, resulting in a significant rise in the global market for syngas and derivatives,” says a TMR analyst.

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Apart from this, the rising usage of derivatives in a number of industrial applications is also reflecting positively on this market. Going forward, the growing demand for fuel, electricity, and agricultural products is expected to boost this market considerably in the near future. However, insufficient capital investment and funding may hamper the growth of this market over the next few years, reports the study.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Syngas and Derivatives Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 – 2024.”

The global syngas and derivatives market has been segmented as follows:

By Feedstock

Coal
Petroleum
Natural Gas/Biomass Waste
Others

By Production Technology

Partial Oxidation
Steam Reforming
Biomass Gasification
Others

By End User

Chemicals
Power Generation
Liquid Fuels
Gaseous Fuels

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

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/syngas-derivatives-market.html

ReleaseID: 8038

The global market for fuel dispensers is defined on the basis of the rivalry between Wayne Fueling Systems LLC, Tokheim Group S.A.S, Zhejiang Lanfeng Machine Co. Ltd., and Gilbarco Inc., states a new study by Transparency Market Research (TMR). In 2015, these companies, together, held a share of more than 58% in the overall market.

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The local manufacturers of fuel dispensers with integrated operations have competitive advantages, thanks to the easy access to low-cost raw materials and protection from volatility in their prices. The increasing focus of the leading players in regional markets is expected to intensify the competition within this market over the forthcoming years, notes the study.

According to the research report, the global market for fuel dispensers offered an opportunity worth US$1.83 bn in 2015. Advancing at a CAGR of 2.40% over the period from 2016 to 2024, the market is anticipated to touch US$2.26 bn by the end of the period of the forecast. The market is estimated to cross 295,521 shipment units in terms of volume over the same period of time. Hitherto, electronic flow meters have enjoyed a higher demand than the mechanical ones. Thanks to their accuracy, stability, and reliability, the scenario is likely to remain same over the forthcoming years.

Rise in China Fuel Dispenser Market to Ensure Dominance of Asia Pacific

Europe, North America, Latin America, the Middle East and Africa, Asia Pacific have been considered as the key regional markets for fuel dispensers across the world in this research report, which also presents a regional analysis of them. As per the study, the market was led by Asia Pacific in 2015 with a share of more than 45%. The rise in urbanization and the infrastructural developments have been the key driving forces behind this significant surge in the Asia Pacific market for fuel dispensers. China emerged as the leading domestic market in Asia Pacific in 2015 and is expected to retain its position, owing to it being the most prominent producer as well as consumer of fuel dispensers in the world.

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The bolstering population and the rising trend of vehicle ownership are anticipated to fuel the demand for fuel dispensers in China significantly, leading to a noticeable growth in the Asia Pacific fuel dispensers market in the near future. Apart from this, India and the ASEAN countries are also projected to offer lucrative growth opportunities to fuel dispenser manufacturers in this region over the forthcoming years, aiding the market further. The markets in North America, Europe, and other regions are also expected to witness stable growth in the years to come, states the research report.

Increasing Number of Vehicles to Reflect Positively on Demand for Fuel Dispensers

“The increasing need for various types of fuels, such as petrol, diesel, and CNG is expected to boost the demand for fuel dispensers across the world,” says a TMR analyst. The significant upswing in the number of vehicles on road, boosted by the surge in the disposable income of consumers, resulting in the changing standard of their living, has driven the requirement for fuels, reflecting greatly on the sales of fuel dispensers.

In addition to this, new discoveries in oil, gas and other fuels, progress in the shale gas industry, and the technological advancements in fuel dispensers are anticipated to stimulate the demand for these dispensers substantially over the forecast period. However, the increasing uptake of electric vehicles by consumers in order to control the pollution, may restrict the market’s growth in the near future, reports the study.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Fuel Dispensers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 2024.”

The global fuel dispensers market has been segmented as follows:

By Type

Submersible System
Suction System

By Flow Meter

Mechanical
Electronic

By Fuel Type

Petrol
Diesel
CNG
Compressed Hydrogen
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.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/fuel-dispenser-market.html#

ReleaseID: 8036

In order to gain competitive edge, prominent players in the global marine hybrid propulsion market are investing in various research and development activities. This is a major factor motivating manufacturing companies to achieve product differentiation, finds Transparency Market Research (TMR) in a new study. As per reports, conventional hybrid propulsion manufacturing companies have continued designing hybrid propulsion for tugs and yachts. In addition, a majority of existing firms are concentrated in Europe, as the region boasts a sophisticated marine infrastructure.

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Despite prevailing competition, companies such as Caterpillar, Inc., and General Electric have established themselves as strong market players. These companies enjoy being at the fore on account of their wide presence across the world and diverse product portfolio. As expansion strategies, mergers and acquiring established regional firms have emerged as popular choice for companies. Also energy-efficient solutions offered by companies such as Siemens AG and BAE Systems have helped them earn considerable boost.

Overall, the global marine hybrid propulsion market is forecast to exhibit a CAGR of 8.2% between 2016 and 2024. At this pace, the market’s valuation will reach US$5.25 bn by the end of 2024, from US$2.65 bn in 2015. By configuration, diesel-electric systems held dominance with a share of 53.3% in the overall market in 2015. These systems are easy to configure and install, which fuels their demand in the market. Regionally, Europe held the dominant share of 34.60% in the global market in 2015. While the region is forecast to remain lead through the forecast period, soon demand from Asia Pacific will surge, steering shift in focus from Europe to emerging markets.

Marine Hybrid Propulsion Systems to Rank Higher on Account of their Fuel Efficiency

The marine industry is exploring systems ranking high on fuel-efficiency. Indigenous diesel mechanical propulsion systems usually consume the entire volume of installed power to function on a high power operating mode. Contrary to this, marine hybrid propulsion systems are connected to energy storage systems. The paradigm shift from fuel-based conventional systems to marine hybrid propulsion systems is thus steered by the latter’s fuel efficiency and cost-effectiveness. “With an increasing number of ship operators opting for renewable energy over conventional fuel at a storage option, the demand for marine hybrid propulsion systems is poised to surge further in the coming years,” said a lead TMR analyst.

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Furthermore, government across the globe have been proactively aiming towards minimizing carbon emission. Stringent regulations implemented in this regard will fuel the installation of hybrid propulsion systems in the marine sector.

Volatility in Crude Oil Prices to Remain a Major Concern

On the downside, the market is still reeling under the volatility of crude oil prices. However, this ongoing price fluctuation has steered the switch from diesel to LNG as the fuel used in propulsion. Furthermore, the relatively low price of natural gas and LNG than conventional fuel in Europe and North America has attracted huge investments in the LNG bunkering infrastructure of these regions. Besides this, the shift from high-carbon to low-carbon emission systems in the marine sector will give considerable impetus to the global marine hybrid propulsion market. Also strict sulfur regulations around ports in Singapore will impel the industry adopt more fuel-efficient technologies, thus giving the market significant impetus.

This review is based on information published by TMR in a report, titled “Marine Hybrid Propulsion Market (Configuration Analysis – Diesel-electric, Parallel, and Serial; End-use Analysis – Tugboats & OSVs, Ferries, and Defense Vessels) – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 – 2024.”

The report segments the global marine hybrid propulsion market as:

Marine Hybrid Propulsion Market: Configuration Analysis

Diesel-electric
Parallel
Serial

Marine Hybrid Propulsion Market: End-use Analysis

Tugboats & OSVs
Ferries
Defense Vessels
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.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
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Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/marine-hybrid-propulsion-market.html

ReleaseID: 8033

The global marine fuel management market demonstrates a highly competitive and fragmented market, where the top six players, namely, Emerson, Siemens AG, ABB Group, Krill Systems Inc., Nautical Control Systems LLP, and Interschalt Marine Systems GmbH, could manage to attain a share of only 33.8% in 2015, finds a new study by Transparency Market Research (TMR). With the increasing entry of new players, the competition within this market is likely to increase substantially over the next few years, reports the market study.

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According to TMR’s estimates, the global marine fuel management market stood at US$3.8 bn in 2015. Expanding at a CAGR of 4.10% during the period from 2016 to 2024, the market is expected to cross US$5.4 bn mark by the end of the forecast period. Fleet management has emerged as the key application segment in this market and is projected to retain its dominance over the next few years.

Rise in Shipbuilding Activities to Ensure Asia Pacific’s Dominance

The report also present a geographical analysis of the global market for marine fuel management, according to which, Europe, Latin America, North America, Latin America, Asia Pacific, and the Middle East and Africa are the key regional markets for marine fuel management. Asia Pacific dominated the global market with a share of more than 40% in 2015. With the rise in flag conversions, shipbuilding activities, and the replacement of old vessels with new marine fuel management systems, researchers expect Asia Pacific to provide highly attractive opportunities for manufacturers of marine fuel management throughout the forecast period, maintaining its lead over the global market.

Europe, which was the second-leading marine fuel management market across the world in 2015, is likely to retain its position over the next few years, being the global center for suppliers and traders of shipping and bunker fuel. The North America marine fuel management market, however, will experience a decline in its shares in the near future due to maturation. Other marine fuel management markets, that is, the Latin America and the Middle East and Africa markets are demonstrating high potential for future growth, owing to the rising exploration activities in these regions, states the research report.

Increasing Deployment of Marine Fuel Management Systems in Ships to Boost Market

“The global marine fuel management market is heavily influenced by the rising cost of fuel across the world,” says an analyst at TMR. Marine fuel management systems are exceptionally effective in calculating the exact amount of fuel oil consumed at a vessel speed or engine rpm, owing to which, their deployment in ships and marine vessels has surged remarkably, resulting in a substantial rise in this market.

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In addition, the increasing enforcement of government regulations for controlling marine pollution is likely to boost this market considerably in the near future. However, the declining oil prices and the consequent slowdown in the oil and gas industry may limit the growth of this market to some extent over the next few years, notes the research study.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Marine Fuel Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 – 2024.”

The global marine fuel management market has been segmented as follows:

By Process

Measuring
Monitoring
Reporting
Others (Throttle Optimization, Fuel Theft Detection, Tank Level & ROB and Bunker Fuel Transfer)

By Application

Fuel Consumption
Efficiency Level
Fleet Management
Viscosity Control
Others (Shore Side Reporting, Cross Fleet Standardization and Cargo Delivery Verification)

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.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/marine-fuel-management-market.html

ReleaseID: 8034

Global Bubble Protective Packaging Market: Overview

The basis of packaging lies in the protection of a product as well as its preservation during its transportation or its time before purchase or consumption. While a lot of packaging options today also offer improved aesthetic values to the product, the global bubble protective packaging market adheres to the fundamental property of protection. Quality bubble protective packaging can prevent any product from receiving damage during transit between manufacturers, retailers, and consumers. It is a flexible form of packaging that can provide high performance in terms of product safety and a lower rate of product contamination. Bubble protective packaging also doubles up as a cushioning material as that can fill voids when it comes to mismatching sizes of products and outer packaging boxes. This provides a massive advantage to manufacturers and distributors as they can produce generic box sizes for most of their products.

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This research report on the global bubble protective packaging market aims at creating the perfect knowledge base for all members of the market who are looking to broaden their horizons. The analytical steps taken in the report can be instrumental to players and investors alike when it comes to gauging the market’s potential over the coming years. The report provides analytics on the global bubble protective packaging market based on its competitive scenario, product and materials based segmentations, and a regional segmentation.

Global Bubble Protective Packaging Market: Trends and Opportunities:

The primary driver currently improving the number of opportunities in the global bubble protective packaging market is the extremely high growth rate in the demand for consumer goods and the growing profitability in the retail sector. With an increasing consumer pool in urban areas of the world, with rising disposable incomes, the global bubble protective packaging market is expected to witness a very high growth rate in demand over the coming years. Additionally, the booming ecommerce industry is also creating a spur in the use of protective packaging, due to the high volume of products being fed into the transportation loop.

Future trends in the global bubble protective packaging market point towards the use of biodegradable materials, due to the growing concern over the disposal problems caused by the use of conventional polymers in packaging. The packaging industry, as a whole, is falling behind in terms of providing sustainable and ecofriendly options, the provision of which can put a player at a very strong position over the coming years. Currently, the global bubble protective packaging market is getting restrained by the availability of relatively cheaper and more ecofriendly options, such as recycled paper as well as the more versatile foam packaging.

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Global Bubble Protective Packaging Market: Region-wise Outlook:

From a regional perspective, the global bubble protective packaging market is currently being dominated by those regions that are showing a very high volume of demand in consumer goods, especially through ecommerce portals. The segregation of the market is performed using the key regions of the North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Most regions are expected to show a stable and positive growth rate in the demand for bubble protective packaging. Asia Pacific especially is expected to show a very high rate of growth in demand for bubble protective packaging over the coming years, owing to rising disposable incomes and the booming ecommerce industry.

Companies Mentioned in the Research Report:

The key players of the global bubble protective packaging market to date, include RAJAPACK Ltd, Jiffy Packaging Co. Limited, Sealed Air Corporation, Future Packaging And Machinery (PTY) LTD, Automated Packaging System, Inc., Pregis Corporation, iVEX Protective Packaging Inc, Tarheel Paper & Supply Company, Abco Kovex Ltd, and Barton Jones Packaging LTD.

Name: Rohit Bhisey
Organization: Transparency Market Research

ReleaseID: 8032