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Showing posts from 2015

Numerous Health Benefits Fuels the Global Probiotic Products Market to Touch $48.8 billion by 2020

Industry Experts has released the new market research report on probiotic products. The new global report ‘ Probiotic Products – A Global Market Overview ’ reveals that the market for probiotics in North America is forecast to be the fastest growing with a CAGR of 11% between the analysis period 2015 and 2020 to reach US$9.7 billion by 2020 from an estiamted US$5.7 billion in 2015. Increased demand for probiotics on a global basis can be attributed to a number of factors. The vibrancy and innovativeness in the market for functional foods, beverages and dietary supplements is being propelled by greater awareness about the role of microorganisms in promoting good health, sustained clinical research and the utility probiotics can offer. Worldwide, demand for probiotics has been on an upswing, with a study confirming that 19% of respondents in the US claiming to have digestive concerns consuming probiotics in one form or the other. Even more crucial is the fact that 7% of the consumers wh

Global Demand for Fans and Blowers in Light Vehicles to Reach 242 million units worth $39 billion by 2020

Industry Experts has today relased the market research report on Fans and Blowers used in Passenger Cars and Light Commercial Vehicles. As per the new market report titled ‘Global Light Vehicle Fans & Blowers Market – Passenger Cars and Light Commercial Vehicles ‘, Electric fans constitute the largest type of fan in terms of volume consumed in light vehicle engine cooling application globally, with an estimated 114 million units in 2015 is further expected to reach 134 million units by 2020. Fans form the main component of engine cooling systems while blowers are heart of the vehicle HVAC systems. Global demand for fans and blowers in light vehicles is directly correlated to the production of vehicles. Light vehicles segment, which includes passenger cars and light commercial vehicles, constitute the largest segment of automotive vehicles produced on a worldwide basis estimated at 85.4 million units in 2015 and is projected to touch 100 million mark by 2020. The segments of ligh

Increasing Production of Hybrid and Electric Vehicles to Drive the Demand for Electric Fans and Blowers to touch 25mn Units or $3.8bn by 2020

Industry Experts has today published the industry's first and only report on Fans and Blowers used in Hybrid and Electric Vehichles. According to the new market research report titled ' Global Hybrid and Electric Vehicle Fans & Blowers Market – BEV, HEV and PHEV ', Global volume consumption of electric fans in hybrid and electric vehicle engine/drive cooling, estimated at 4.5 million units in 2015, is projected to reach 11.7 million units by 2020. Blowers’ consumption in hybrid and electric vehicle HVAC systems globally, estimated at 2.4 million units in 2015, is projected to reach 6.7 million units by 2020, while blowers consumption in hybrid and electric vehicle battery cooling is projected to reach 6.4 million units by 2020 from an estimated 2.3 million units in 2015. Hybrid electric vehicles, plug-in hybrid electric vehicles and battery electric vehicles employ the same kind of engine cooling and HVAC components as their conventional counterparts such as fans and b

Global Market for Commercial Vehicle Fans & Blowers to Reach 13m Units by 2020 fueled by HVAC Demand and Anticipated Increase in Vehicle Production

Industry Experts unveiled the addition of a new market study on automotive fans and blowers to their market research offering. As per the report titled &ls quo;Global Commercial Vehicle Fans & Blowers Market - Medium Trucks, Heavy Trucks and Buses ‘, the consumption of fans and blowers to reach 13 million units by 2020 valued at US$4 billion. Fans are integral part of commercial vehicle thermal management systems such as engine radiator cooling and air-conditioner (A/C) condenser cooling. Demand for fans in commercial vehicle segment is closely correlated to the production of commercial vehicles. While mechanical fans dominate the commercial vehicle engine cooling applications, the electric fans are used in A/C condenser cooling such as those used in bus A/C systems. Volume consumption of fans in medium & heavy trucks, estimated at 5.7 million units in 2015, and expected to be 5.9 million units in 2016, is further projected to reach 6.8 million units by 2020 thereby exhib

Asia-Pacific to Lead Global Tissue Engineering Market to Reach US$94 billion by 2022

Industry Experts has today released the new updated 2015 version of market research report on Tissue Engineering. As per the new report titles ‘ Tissue Engineering: Technologies and Therapeutic Areas – A Global Market Overview ‘, reveals that North America is expected to remain the largest market with US$43.5 billion in 2022 while Asia-Pacific is projected to be the fastest growing market with 2016-2022 CAGR of 26.5%. Despite being in existence for about two decades, the field of tissue engineering can still be assumed to be a developing discipline involving basic and applied multidisciplinary biomedical research. This subject utilization of the principles and methods employed in engineering and life sciences, which are then combined with clinical expertise with a focus on developing biological tissue substitutes that enable in restoring, maintaining or enhancing the function of diseased or damaged human tissues. Researchers from a wide range of disciplines have collaborated in foster

Mining Chemicals Demand is Constantly Growing and Projected to Reach $30 billion by 2020, Despite Fall in Mining Commodities Prices

Industry Experts has today introduced the new market research report on mining chemicals. The new report ‘ Mining Chemicals – A Global Market Overview ’ reveals that Asia-Pacific is estimated the largest market with US$7.8 billion in 2015 and also expected to be the fastest growing market with a robust CAGR of 7.6% during 2014-2020 while Latin America closely follows with a CAGR of 7% for the same period. The processes involved in mining depend to a large extent on mining chemicals for improving productivity and efficiency. The global mining industry is confronting the challenge of low productivity as a consequence of depleting reserves of high quality ore grades, which has resulted in exploiting deposits that lie deeper in the earth’s crust. This procedure is marked by complex extraction processes that necessitate using advanced mining chemicals for providing assistance in extracting and processing ores of low quality. The complexity in extracting ore deposits of lower grade has led

Electric Vehicle Market Growth Drives Demand for Li-ion Batteries to Reach 87GWh worth $36.5bn by 2020

Industry Experts has today unveiled the new market research report on Lithium-ion Batteries. The new report provides and in-depth analysis of all available hybrid and electric vehicle models, currently produced, for their battery specifications including number of cells used, battery capacity, cell chemistry, cell type and cell/battery supplier. The study also focuses on market numbers for production of hybrid and electric vehicle by model and producing country. As per this global market report ‘ Global Lithium-ion (Li-ion) Batteries Market in Hybrid and Electric Vehicles – HEV, PHEV and BEV ’, Panasonic dominates the supply of Li-ion battery cells for hybrid and electric vehicles, with a 2014 share of 40.4% equating to 3.3 GWh. AESC and LG Chem stand at numbers two and three, with 1.6 GWh (19.4%) and 960.4 MWh (11.6%) respectively in the same year. Growth in demand for Lithium-ion (Li-ion) batteries has encompassed a range of application areas, including consumer electronics, hybrid

Owing to the Increasing Disposable Incomes and Life Style Changes in Asia and Latin America Fueling the Growth for Rapid Medical Diagnostic Kits (MDKs) Market

Industry Experts has today published the new market research report on Rapid Medical Diagnostic Kits. As per the new global market report ‘Global Rapid Medical Diagnostic Kits Market – Applications and Technologies’ , Asia-Pacific is expected to be the fastest growing Rapid MDKs market with a 2014-2020 CAGR of 7.9% to reach a market worth US$5.7 billion by 2020. North America estimated to be the largest market with 2015 market reaching to US$7.7 billion. The global market for Rapid Medical Diagnostic Kits (MDKs) has been witnessing steady, albeit not rapidly accelerated, growth over the past few years, and this trend is likely to sustain over the coming years. One of the major factors that can be attributed to this is the quick time, typically inside of 30 minutes, within which test results can be made available. This helps physicians in expediting the therapy process for individuals by prescribing the appropriate medications within a short period of time. Gone are the days when doc

Rising Popularity of Astaxanthin Health Benifits to Drive the Global Market to exceed $1 billion by 2020

Industry Experts has unveiled the new market research report on Astaxanthin. The new global report ‘ Global Astaxanthin Market – Sources, Technologies and Applications ’ reveals that the market for Astaxanthin is projected to touch US$1.1 billion by 2020 equated to 670 metric tons from an estimated US$447 million in 2014. Haematococcus pluvialis microalgae-derived astaxanthin market is poised to emerge as the fastest growing, reaching a projected US$828 million by 2020 from an estimated US$180 million in 2014, with a compounded annual growth rate (CAGR) of 29% between 2014 and 2020. Astaxanthin has been widely used in aquaculture industry for pigmentation of salmon, trout and shrimps; used for its antioxidant and other health benefits in nutraceutical industry; used in cosmetics for its skin care and anti-aging properties; and also used for fortification of foods and beverages. On commercial scale, astaxanthin is currently produced through chemical synthesis and also derived from nat

Sterilization Technologies – A Global Market Overview

Sterilization Technologies – A Global Market Overview Industry Experts has today unveiled the new market research report on Sterilization Technologies to their market research collection. As per the study titled ' Sterilization Technologies   A Global Market Overview ', global sterilization market is expected to touch US$5.3 billion 2015 and projected to touch US$9.5 billion in 2020, growing by a CAGR of 12% between 2014 and 2020. Growing and aging global population has led to more and more surgeries being performed today than ever before. Therefore, maintaining patient safety assumes extreme criticality in the field of surgery and rules and regulations have to be in place for every aspect of the process for ensuring that errors are averted at all costs. As a consequence, disinfection and sterilization of surgical instruments becomes one area of crucial significance for upholding patient safety. This factor has a direct correlation with an increase in demand for sterilizatio

Technology Advancements in Developing World Drives Global Biometrics Market to reach $30 billion by 2020

Industry Experts has introduced the new global market research report on Biometrics. The study ‘ Biometrics – A Global Market Overview ’ reveals that North America constitutes the largest market for Biometrics worldwide, with a share estimated at 32% equating to US$3.3 billion in 2014 and projected to reach US$9.2 billion by 2020 while Asia-Pacific is expected to be the fastest growing market with a robust CAGR of 23% during 2014-2020. The primary goal of biometrics technology is to ensure that an individual is who she/he is claiming to be, and for this purpose, this technology may make use of a person’s unique physical characteristics, such as fingerprint, hand or palm print, iris, face and even veins for verifying identity. It is possible to integrate biometric technology into banks, ATM machines, USB keys hooked onto computers, retail locations to be utilized with credit and debit cards and any other such area that requires a financial transaction to be made. Widespread applicatio