Liquid Waste Management Market (3.6% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

The latest market report published by Credence Research, Inc. “Liquid Waste Management Market - Growth, Future Prospects, and Competitive Analysis, 2019–2027” the liquid waste management market was valued at US$ 87.30 Bn in 2018 and expected to grow at a CAGR of 3.6% during the forecast period from 2019 to 2027.
Market Insights
“Diminishing availability for safe drinking water globally supports the market growth”
Development of new industries for fulfilling the rising consumer demand resulted in a significant rise in wastewater generation globally. The liquid waste that is being disposed of from industrial and manufacturing units contains toxic materials. Thereby, increases the demand for liquid waste management activities. The increasing rates of water-borne disease globally demand more liquid waste and wastewater treatment activities. For instance, The WHO/UNICEF Joint Monitoring Programme Report 2017 suggests that in 2015 29% of the global population lacked safe drinking water service. Moreover, 3.4 million deaths caused due to water-borne disease that is the leading reason for death globally. However, in 2013 and 2014, a water-borne disease caused 289 illness cases and 17 deaths in the U.S.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/liquid-waste-management-market
The liquid waste management industry is highly competitive and fragmented. The top provider of liquid waste management is providing improved services for better treatment and disposal of liquid waste.
Industrial Developments

• In November 2018, GFL Environmental Inc. acquired Future Environmental. The Future Environmental is an Illinois based company that offers oil collection and other industrial services. Through the acquisition, GFL Environmental aims to expand its geographic presence in states such as Illinois, Indianan, and Ohio among others.
  • In November 2015, Chemtex, a leading manufacturer of sorbent products that are used to clean spills of oil on both land and water announced to inaugurate a new manufacturing unit in the U.S.A. Chemtex is the only manufacturers of sorbent products that offer delivery with a day or two for the entire seaboard of North America.

Key Market Movements:

• Globally, the liquid waste management market is rising at a CAGR of 3.6% for the estimated period from 2019 to 2027
  • North America dominated the global liquid waste management market in the year 2018. Dominance led by the presence of major liquid waste management providers in the region. The growth is supported by strict government laws and regulations in the North America region. Moreover, the presence of skilled and expert workforce that is required to monitor the liquid waste management process supports the market growth.
  • Europe is expected to grow considerably during the forecast period due to the rising demand for wastewater management due to the growing number of smart cities in the region. Moreover, the region is investing considerably in the up-gradation of technology used in liquid waste management.
  • The pharmaceutical industry expected to grow at a considerable rate during the forecast period due to the increasing generation of liquid wastes in medicine manufacturing plants globally. For instance, UK Water Industry Research in 2014 suggests that around 160 sewage treatment studies showed the presence of a few common drugs in the final effluent that can affect the whole ecosystem. Thereby, drives the market growth.
  • The source segment is subdivided into Residential, Industrial, and Commercial. The residential segment holds the market share of around 43% in the overall liquid waste management market. Dominance is supported by factors such as increasing urbanization.

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List of Companies Covered:

• WM Intellectual Property Holdings, L.L.C
  • GFL Environmental Inc.
  • Clean Harbors, Inc.
  • Hulsey Environmental Services
  • Veolia
  • Remondis SE & Co. KG
  • Heritage
  • Covanta Holding Corporation
  • Suez
  • Enva
  • Cleanaway
  • Chemtex

Market Segmentation:
By Service Type

• Collection
• Transportation
• Disposal

By Source Type

• Residential
• Industrial
• Commercial

By Industry Type

• Pharmaceutical
• Iron & Steel
• Oil & Gas
• Automotive
• Others (Textile, Paper, etc.)

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Aseptic Packaging Market (11.3% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

The latest market report published by Credence Research, Inc. “Aseptic Packaging Market - Growth, Future Prospects, and Competitive Analysis, 2019–2027” the aseptic packaging market was valued at US$ 42.93 Bn in 2018 and expected to grow at a CAGR of 11.3% during the forecast period from 2019 to 2027.

Market Insights

“Rising demand for food preservatives worldwide will boost the growth for Aseptic Packaging Market”

The growing demand for food preservatives and increased use of sustainable packaging across the globe throughout the forecast period from 2019–2027. The rising urban population coupled with rising packaging industry worldwide is anticipated to enhance the market demand over the forecast period. In 2018, Asia Pacific accounted for the largest share in the global aseptic packaging market.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/aseptic-packaging-market

In 2018, the global sales volume of aseptic packaging was around 355 Bn units. Growth of the dairy beverages market and a surge in demand for convenience products are some other major factors expected to drive the market growth during the forecast period. The global dairy beverages market was valued more than US$ 65 Bn and is projected to expand at a CAGR of nearly 5% in years to come. The rising demand for aseptic packaging from the food & beverage industry is one of the promising factors anticipated to enhance market growth over the forecast period. The increase in demand for ready-to-eat food products and growing investments by major market players in emerging economies of the Asia Pacific and the Middle East & Africa are presumed to drive the market demand throughout the forecast period. For instance, in 2017, Tetra Pak announced that it would invest US$ 25.3 Mn for its first packaging closures plant in East Asia, South Asia, and Oceania. With this investment, Tetra Pak is expected to capture regional growth over the upcoming years.

Acquisitions, collaborations, mergers, investments in emerging economies and partnerships are expected to be the key strategies followed by the major market players

Industrial Developments

• In June 2019, Amcor Limited acquired Bemis Company, Inc. The acquisition of Bemis Company, Inc. is expected to bring additional capabilities, scale, and footprint for Amcor Limited that will enhance its market share in the global market.

Key Market Movements:

• The global aseptic packaging market is expanding at a CAGR of 11.30% in value terms and 5.5% in volume terms for the anticipated period from 2019 to 2027
  • The Asia Pacific dominated the global market in 2018 owing to rising food & beverage industry in the region. China and India are the major contributors to the growth of the Asia Pacific aseptic packaging market due to changing lifestyles, increasing disposable income and rapid urbanization in the aforementioned countries.
  • North America had a significant share in the market owing to developed countries accompanied by established food & beverage and pharmaceutical industries. Growing government regulations are anticipated to enhance the market over the forecast period.
  • Based on the type, the cartons segment contributed to a major share in the global aseptic packaging market in 2018. Wide application of cartons for packaging of liquid products such as soups, juices, milk, sauces, syrups, and others is the key reason for the segment growth.
  • Investments, collaborations, and acquisitions are expected to be the major strategies followed by key players

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List of Companies Covered:

• SCHOTT AG
  • Greatview Aseptic Packaging Co., Ltd.
  • Amcor plc
  • Reynolds Group Holdings Limited
  • Tetra Laval International S.A.
  • Robert Bosch GmbH
  • DuPont de Nemours, Inc.,
  • Sealed Air Corporation
  • SIG Combibloc Group AG
  • Coveris Holdings S.A.
  • DS Smith PLC
  • Becton, Dickinson, and Company

Market Segmentation:

By Material Type

• Plastic
• Metal
• Glass
• Wood
• Paper & Paperboard

By Type

• Cartons
• Bottles & Cans
• Bags & Pouches
• Ampoules
• Others (Cups, Vials, etc.)

By Application Type

• Food

o Dairy Foods

o Processed Foods, Fruits and Vegetables

o Soups and Broths

o Baby Food

o Meat & Sea Food

o Fruits & Vegetables

o Rest of the Food Industry

• Beverage

o Milk and Other Dairy Beverages

o Ready-to-Drink Beverages

o Fruit Beverages

• Pharmaceuticals

o Prefilled Syringes

o Bottles

o Vials and Ampoules

o Iv Bags

• Others (Cosmetics, Personal Care, etc.)

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Portable Fan Market (3.3% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

The latest market report published by Credence Research, Inc. “Portable Fan Market - Growth, Future Prospects, and Competitive Analysis, 2019–2027” the portable fan market was valued at US$ 2,593.2 Mn in 2018 and expected to grow at a CAGR of 3.3% during the forecast period from 2019 to 2027.

Market Insights

“Trend for bladeless portable fans elevate the growth of the market”

Manufacturers are developing new products and improved products in the portable fans market, such as manufacturers are developing bladeless portable fans. Bladeless portable fans offer various advantages such as it is safer, easy to clean and can be controlled by the remote, thereby, does not require to be adjusted manually. Moreover, the development of solar-powered portable fans by the manufacturers in the global market increase the demand for portable fans market globally. Consumers nowadays are demanding products that can be charged from renewable sources. Thereby, it supports market growth. The rising per capita income and rapid urbanization in the emerging nations of the Asia Pacific such as China, India, Indonesia and others further expected to drive the portable fans market demand.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/portable-fan-market

Top manufacturers for portable fans market are focusing on developing new products for better consumer experience and are merging with one another.

Industrial Developments

• In May 2019, Honeywell launched a new product. The Honeywell Turbo Force 2-in-1 fan offers maximum cooling by providing a balanced flow of air. The Honeywell Turbo 2-in-1 offers high-velocity air from the tower and the top fan is used for direct personal cooling. The high-velocity can be felt from up to 40 feet of distance.
• In May 2018, Orient Electric Limited increased its product portfolio by launching a new 5-blade Wind-Pro series. The 5-blade Wind-Pro series of portable fan offers delivery of air without any sound. Through the launch of the 5-blade portable fan, Orient Electric aims to strengthen its presence in south India.

Key Market Movements:

• Globally, the portable fans market is rising at a CAGR of 3.3% for the estimated period from 2019 to 2027
• The Asia Pacific dominated the global market in the year 2018. The dominance led by the presence of major portable fan manufacturers and tropical temperatures in the region. The wide acceptance of portable fans in homes, offices and various businesses will boost the demand for portable fans in the Asia Pacific region.
• The North America segment expected to grow considerably during the forecast period due to rising demand for portable fans in the residential segment. The research study suggests that the retail sales of portable fans in the U.S. account for about US$ 550 million in the year 2018.
• The product segment subdivided into table fans, tower fans, and others. Table fan holds the largest market share of around 40% in the product segment. Table fans are the most widely used portable fan in the market due to wide availability in the market.
• Trends such as bladeless portable fans, hands-free USB neck fans, and USB phone fans are increasing the demand for portable fans market globally.
• Hand-held fans segment expected to grow significantly during the forecast period, as hand-held fans also being used by patients who suffer from chronic breathlessness. As per the European Respiratory Journal, 82 percent of patients suffer from breathlessness perceived benefit of using hand-held fans.

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List of Companies Covered:

• Westinghouse Electric Corporation
• Honeywell International Inc.
• DecoBreeze
• O2Cool, LLC
• Lasko Products, LLC
• Vornado Air, LLC.
• Orient Electric
• Acofanworks
• Easyacc.com, Inc.
• Crompton Greaves Consumer Electricals Limited
• Xiaomi

Market Segmentation:

By Product Type

• Table Fans
• Tower Fans
• Others (Pedestal Fans, Handheld Fans, etc.)

By Material Type

• Metal Shell
• Plastic Shell
• Others (Wooden Shell, etc.)

By Application Type

• Residential
• Commercial
• Others (Industrial etc.)

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: https://medium.com/@kumarganesh028/portable-fan-market-global-industry-size-share-growth-trends-analysis-and-forecast-2019-to-3b0f5f8d80e

Automotive Pillar Market (7.0% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

The latest market report published by Credence Research, Inc. “Automotive Pillar Market - Growth, Future Prospects, and Competitive Analysis, 2019–2027” the Automotive Pillar market was valued at US$ 4.49 Bn in 2018 and expected to grow at a CAGR of 7.0% during the forecast period from 2019 to 2027.

Market Insights

“Increasing penetration of automated vehicles globally will upgrade the market growth during the forecast period”

Amidst in technological transformation will change the way of living and the transportation sector. Developing nations like China, India, and Japan are increasing their focus towards advanced manufacturing competences, owing to huge financial investments, research and development for new automation technologies, and rising up-gradation in the automotive segment. In addition, growing consumer needs for electric, hybrid, and driverless cars are likely to transform the manufacturing industry to the next technology frontier. Moreover, a shift in the rate of technology advancement and convergence, global supply chain dynamics, and changing customer behavior will increase the use of passenger vehicles, thereby driving the demand for an automotive pillar on a global scale.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/automotive-pillar-market

“Rising stringent government regulations towards passenger safety will ramble the automotive pillar market”

Emerging economies like India, China, Japan, and Malaysia habitually looked upon as a favorable destination for low-cost manufacturing of automobiles. In addition, the benefits from the automotive industry and regulatory pressure expected to have a positive effect on the automotive supply chain and vehicle portfolios. Major regulatory interventions, which include adoption for BS-VI engine, change in tax structure; government mandate towards safety standards with regulatory norms, and corporate average fuel efficiency norms projected to expand the market for an automotive pillar on a global scale. Moreover, the integration of technological research and usage of Information Technology (IT) in automobile manufacturing processes and products will expand the market of the automotive industry. The aforementioned factors are likely to boost up the demand for automotive pillar across the globe.

Industrial Developments

• In January 2020, BENTELER International announced its collaboration with Sony an entertainment giant in CES 2020 in Las Vegas. The collaboration focused on the up-gradation of advanced technologies for the reliability, comfort, and safety of the mobility system.
  • In July 2019, Hyundai Motor Company has recently announced its all-new model, which includes a C-pillar area with a partially visible wraparound tail lamp at Frankfurt Motor Show 2019.

Key Market Movements:

• Globally, the automotive pillar market is rising at a CAGR of 7.05% for the estimated period from 2019 to 2027.
  • The Asia Pacific will lead the global market for an automotive pillar, owing to stringent government regulations pertaining to the safety of passenger cars, altering the needs of consumers, and rising demand for electric and hybrid vehicles. Furthermore, increasing the inclination of customers towards pollution-free vehicles and the presence of major car manufacturers and in the region will spur the market demand in the region.
  • North America and Europe hold the majority of the top automobile manufacturers and likely to supplement the revenue growth, owing to the launch of semi-autonomous car models, laws pertaining to passenger and driver safety, integration advanced products in automobiles, and rising number of SME business among players in the automotive industry.
  • An increasing number of government initiatives, up-gradation in technological development, and increasing technological investments in automotive sector development in the emerging nations will drive the overall demand.

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List of Companies Covered:

• Kirchhoff Automotive Holding Gmbh & Co Kg
  • Aisin Seiki Co Ltd
  • Benteler International AG
  • Unipres Corp
  • Toyotomi Kiko Co Ltd
  • Martinrea International Inc
  • Magna International Inc.
  • Gestamp Automocion SA
  • GEDIA Automotive Group
  • Shiloh Industries, Inc.

Market Segmentation:

By Pillar Type

• Pillar A
• Pillar B
• Pillar C
• Pillar D

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

By Material Type

• Aluminum
• Steel
• Plastic Composites

By Sales Channel Type

• OEM
• Aftermarket

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Electronic Logging Device Market Is Expected To Reach US$ 18.68 Bn By 2027 | Credence Research

The latest market report published by Credence Research, Inc. “Electronic Logging Device Market - Growth, Future Prospects, and Competitive Analysis, 2019–2027” the global market is worth US$ 12.04 Bn in 2018 and expected to grow at a CAGR of 5.1% during the forecast period from 2019 to 2027.

Market Insights

“Stringent government policy fuelling the ELD market growth”

Growing concern about on-road safety and for creating a safer work environment for drivers and to simplify tracking, managing, and sharing of records of duty status (RODS), many countries of the world are enacting laws to install electronic logging devices in their vehicles. Recently, in 2017, the U.S. government regularized the electronic logging device (ELD) rule as a part of MAP-21. With the passage of this law in 2017, the drivers of commercial vehicles, trucks, and buses have to mandatorily install ELD in their vehicles. Additionally, installation of the tachograph is also mandatory in the European Union that required the EU commercial vehicle owners and drivers to install tachograph- an ELD; thereby, driving the market growth. In 2018, Europe is the major shareholder of the global electronic logging device market capturing nearly 60% share of the market.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/electronic-logging-device-market

Furthermore, advancement in technology such as cloud-based ELD software is expected to influence the market. Recently, in October 2019, Mack Trucks collaborated with Geotab Inc., a Canada based company, to leverage its cloud-based data reporting for ELD compliance. Such market events are further driving the market growth. Overall, the global electronic logging device market was valued at US$ 12.04 Bn in 2018 and expected to grow at around 5.1% CAGR from 2019 to 2027.

The overall electronic logging device market is slightly fragmented in nature and it is growing at a moderate rate. However, technological advancement such as the launch of cloud-based ELD is expected to grow the market in the near future. Further, market players are adopting strategies such as new product development and advancement in technology, partnership & collaboration, merger and acquisition with other players to stay competitive in the already fragmented market.

Industrial Developments

• In January 2020, Teletrac Navman US Ltd announced its integration with Fleetio, a fleet management software company. This mutual integration will benefit customers of both the companies in simplifying fleet management process, fleet maintenance and customized reporting of engine hours vs. mileage.
• In December 2019, Omnitracs unveiled its new fleet management planner. It’s a cloud-based tool that can optimize fleet operation, service schedule, territory maps, and automated re-routing. With this new launch, the company is expecting to increase its share in the fleet management software market.

Key Market Movements:

• Globally, the electronic logging device market is growing at a CAGR of 5.1% for the period from 2019 to 2027.
• Based on component type, the electronic logging device market is segmented into a display, telematics units, and others. The telematics unit captured the highest share of the market.
• Based on form-factor, embedded ELD captured the major share of the market owing to its features such as secure and reliable functioning.
• In 2018, Europe captured a significant share of the market. On the other hand, North America is expected to grow at the fastest rate during the forecast period.

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List of Companies Covered:

• AT&T
  • Samsara Networks, Inc.
  • Omnitracs
  • Trimble Inc.
  • Teletrac Navman US Ltd
  • ORBCOMM
  • Garmin Ltd.
  • Geotab Inc.
  • Donlen
  • Pedigree Technologies
  • Others

Market Segmentation:

By Vehicle Type Segment

• Trucks
• Buses
• Light Commercial Vehicle (LCV)

By Component Segment

• Display
• Telematics Unit
• Others

By Form Factor Segment

• Embedded
• Integrated

By Deployment Segment

• Vehicle-based
• Cloud-based

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Consumer Electronic Accessories Market Is Expected To Reach US$ 59.5 Bn in 2026 | Credence Research

According to a new market research report published by Credence Research “Consumer Electronic Accessories Market – Growth, Future Prospects, and Competitive Analysis, 2018 – 2026”, the global consumer electronics accessories market is estimated to reach US$ 59.5 Bn in 2026 growing at a CAGR of 7.1% during the forecast period from 2018 to 2026.

Market Insights

The growth of consumer electronics in recent years has been phenomenal and this trend is likely to continue in the years to come. A consumer electronic accessory can be defined as any accessory that is used along with consumer electronics and has a useful or decorative purpose. The demand for consumer electronic accessories is directly dependent upon consumer electronics as a result of which the market trend is majorly dependent on the parent market.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/consumer-electronic-accessories-market

One of the most prominent factors aiding the consumer electronic accessories market growth is the fact that the demand for consumer electronics has been increasing worldwide. For instance, in recent years, the demand for smartphones has been on the rise especially in countries such as India, China, and the U.S. among others. Sales of smartphones in the U.S. grew by 2% in 2017 over 2016 and reached 201.3 Mn units. Similarly, India witnessed a growth of 14% in 2017 and a total shipment of 124 Mn units was reported in 2017. This growth in the demand for smartphones expected to positively influence the consumer electronic accessories market. In recent years, owing to rising disposable income and improving the standard of living, in countries such as China, India, Brazil, etc. people are in a better position to invest in cars. This is evident from the fact that the motor vehicle production across all the aforementioned countries has witnessed a growth in 2017 over 2016. This factor expected to have a positive impact on the demand for car electronic accessories, thereby complimenting the overall consumer electronic accessories market growth. However, declining sales of DSLR cameras across the world expected to offset market growth in the coming years.  Camera accessories such as tripods & monopods, batteries & chargers and cables & connectors are some of the camera & photo accessories expected to witness a hit in demand in coming years.

Product innovation is one of the common strategies adopted by consumer electronics accessory manufacturers. This strategy helps in addressing the increasing competition in the market. For instance, recently Sony introduced the world’s first wireless splash-proof headphones with noise cancellation. The headphone also comes with an open charging case that extends the battery backup up to 9 hours. Similarly, Sachtler and Vinten introduced a new camera tripod technology that enables camera operators to set up and begin using the tripod in an instant.

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List of Companies Covered:

• Samsung Electronics Co., Ltd
• Sony Corporation
• Zebronics India Pvt. Ltd.
• Logitech International S.A.
• Portronics Digital Pvt. Ltd.
• Belkin International, Inc.
• Philips International B.V.
• Targus International LLC
• Plantronics, Inc.
• Seiko Epson Corporation
• Beats Electronics

Market Segmentation:

By Product Type

• Camera & Photo
• Audio & Video
• Mobile Phone
• Personal Computer
• Car Electronics
• Office

By Sales Channel Type

• Online
• Offline

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• What was the global consumer electronic accessories market size in 2017 and forecast for 2026?
• What are the current market trends in the consumer electronic accessories market?
• What are the various valuable opportunities for the players?
• Which are the bestselling consumer electronic accessories brands in the market?
• Which is the largest regional market for consumer electronic accessories?
• Which region expected to be the fastest-growing and why?
• What are new products launched by the leading consumer electronics accessory manufacturers?
• What are the key strategies adopted by the leading players in the market?

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Enterprise Social Networks And Online Communities Market Is Expected To Reach US$ 10 Bn By 2026

According to a new market research report published by Credence Research “Enterprise Social Networks and Online Communities Market – Growth, Future Prospects, and Competitive Analysis, 2018 – 2026”, the global enterprise social networks and online communities market is set to exhibit double-digit growth during the forecast period from 2018 to 2026.

Market Insights

Enterprise social networks and online communities market expected to witness rapid growth owing to factors such as increasing efforts by organizations towards enhanced employee interaction (expenditure on intranets) and the growing impact of social media over people. Over the past few years, social media platforms have undergone a swift rise with over 2.5 Bn active users in 2017 up from nearly 1.0 Mn in 2010. Considering the strong impact of social media on people, enterprise social media networks have emerged highly promising for improving employee cooperation and efficiency.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/enterprise-social-networks-and-online-communities-market

Enterprise social networks offer numerous benefits including improved document collaboration, establishing healthy discussions among the employees and enhanced employee communication among others. In addition, market players have a higher emphasis on the continual release of updated versions with the aim of simplifying the platform for better convenience and user experience. This enables the companies to establish a healthy environment among the employees, thereby retaining talent and improving productivity. Similarly, these networks are designed for both internal as well as external communication. This helps employees to invite client representatives located outside the organization to engage in conversation for better service.

Enterprise social networks and online communities market is segmented based on the deployment model, organization size, industry vertical and geography. By deployment model, the on-premise segment dominates the market globally. The segment growth is backed by the large enterprise’s segment having higher penetration of enterprise social networks owing to critical security concerns. Nevertheless, with the growing popularity of private clouds, the cloud-based segment would exhibit a higher growth rate during the forecast period. Further, based on geography, North America led the global market in 2017. This is attributed to the high penetration of social media, significant expenditure by organizations on employee collaboration and the presence of a large number of market players.

The overall enterprise social networks and online communities market is fragmented in nature due to the presence of a large number of companies in the market. The market comprises tech giants including IBM Corporation, Microsoft Corporation, VMware, Inc. as well as small-sized companies (including startups) such as MangoApps, Inc., Igloo Software and several others. The prime strategy adopted by these companies is consistent efforts in the betterment of enterprise social media platforms for improved convenience, security, and functionality of these networks.

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List of Companies Covered:

• BlackBerry Ltd.
• Cisco Systems, Inc.
• Communispace Corporation
• Convo Corporation
• Google, Inc.
• IBM Corporation
• Jive Software, Inc.
• Lithium Technologies, Inc.
• MangoApps, Inc.
• Microsoft Corporation
• Mzinga, Inc.
• Salesforce.com, Inc.
• SAP SE
• Socialtext, Inc.
• Sprinklr, Inc.
• Telligent, Inc.
• TIBCO Software, Inc.
• VMware, Inc.
• Zyncro Tech SL

Market Segmentation:

By Deployment Model Segment

On-premise

Cloud-based

By Enterprise Size Segment

• Small Enterprises (Upto 250 Employees)
• Medium Enterprises (251 to 500 Employees)
• Large Enterprises (Above 500 Employees)

By Industry Vertical Segment

• Healthcare
• IT & Telecom
• Banks, Financial Services & Insurance (BFSI)
• Government
• Retail & Hospitality
• Others (Manufacturing, Energy, etc.)

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• What was the market size of enterprise social networks and online communities in 2017 and forecast up to 2026?
• Which is the largest regional market for enterprise social networks and online communities?
• What are the key market trends observed in the enterprise social networks and online communities market?
• Who are the key players leading the market?
• What are the key strategies adopted by the leading players in the market?

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Urology Endoscopes Market will be growing at a CAGR of 8.68% during the forecast 2018 to 2026

The latest market report published by Credence Research, Inc. “Urology Endoscopes Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global urology endoscopes market was valued at US$ 871.0 Mn in 2017, and is expected to reach US$ 1,848.4 Mn by 2026 expanding at a CAGR of 8.68% from 2018 to 2026.

Market Insights:

Urology endoscope technology is undergoing tremendous up-gradation wherein miniaturization of the optical technology will constitute the future of surgical procedures. Tiny nanobiotics and nano-bots shall be released in the bloodstream to target the malignancies in the urology region. Ureteroscopes have been coupled with metal oxide conductor technology which has improved vision and drastically reduced surgical timings in the management of renal calculi.

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Resectoscopes are widely used by a urologist for the diagnosis of urethral endothelium. Saline resectoscopes are useful in the treatment of voids in the urinary bladder and preventing TURP syndrome. Cystoscopes are available in different sizes with specialized ergonomic designs for the diagnosis and treatment of hematuria and interstitial cystitis. Ureteroscopes are finding a huge therapeutic application in the diagnosis and treatment of urolithiasis.

Urethral and urinary bladder complications are more frequent owing to the rising incidence of urinary tract infection and unsafe sex. Mucosal wall scarring results in hematuria and painful micturition. Urolithiasis is occurring at a rapid pace due to the rising prevalence of hypercalciuria and uric acid-enriched dietary intake.

North America is the leader in the urology endoscopes market owing to its evolved healthcare infrastructure performing accurate diagnosis and increasing the number of patients suffering from lower urinary tract infection. Technical advancement in the lenses and camera utilized in urology endoscopes has led to the emergence of domestic players creating a competitive environment for key players in the Asia Pacific region. A supportive regulatory environment for urology endoscopes contributes to the growth of the Asia Pacific market.

Key Market Movements:

• An increasing number of patients suffering from renal complications such as urinary bladder injuries and renal calculi
• Technical advancement in the lenses and camera utilized for visualization and latest ergonomic design drives the demand for new urology endoscopes
• A supportive regulatory environment for urology endoscopes in developing countries contributes to market growth.

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List of Companies Covered:

• Boston Scientific Corporation
• Cook Medical, Inc.
• Covidien Plc
• Ethicon Endo-Surgery, Inc.
• Invendo Medical GmbH
• Karl Storz GmbH
• Olympus Corporation
• Richard Wolf GmbH
• Siemens Healthcare
• Stryker Corporation

Market Segmentation:

By Device Type

• Resectoscopes
• Cystoscopes
• Ureteroscopes

By Application Type

• Urethral Malignancies
• Urinary Bladder Malignancies
• Urolithiasis
• Glomerulonephritis
• Others

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Aircraft Sensors Market Is Expected To Reach US$ 2,686.0 Mn by 2026 | Credence Research

According to a new market report published by Credence Research Inc “Aircraft Sensors Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2026,” the global aircraft sensors market is expected to witness significant growth throughout the forecast period with rising demand for passenger aircraft. The global market for aircraft sensors was valued at US$ 1,653.2 Mn in 2017 and is expected to cross US$ 2,686.0 Mn by 2026 at a CAGR of 5.7% from 2018 to 2026.

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In the last five years, the global number of air travelers increased at a notable rate owing to the rising disposable income of the middle class and the need to reduce travel time in busy schedules. Continuous rise in air travelers motivating airlines services providers to expand their operations which is predicted to increase the demand for new aircraft globally. In addition, airline operators are focusing on reducing their aircraft maintenance and operating costs. Miniaturization of sensors and adaptation of wireless sensor networks (WNS) helps reducing flight weight and ultimately results in lower operating costs for airline service providers. All the above-mentioned factors are expected to spur the demand for aircraft sensors throughout the forecast period from 2018 to 2026.

Aircraft maintenance costs account for 10% to 20% of total aircraft operating costs. Airline operators are focusing on to reduce their operating costs in order to maintain their sustainability in competitive environments. Wired sensors networks are complex and difficult to route, and the use of the wired sensors gearbox, engine, airframes, structures, and other key component monitoring increases aircraft operating and maintenance costs. The use of wireless sensor networks (WSN) can help airline manufacturers and operators to overcome challenges such as increasing the number of sensors to monitor every element of aircraft and the system redundancy. In addition, it also helps to reduce the weight of aircraft and increases fuel efficiency. All these benefits of aircraft sensors aids in the reduction of maintenance costs and overall operational costs. Thus, wireless sensors are expected to witness significant growth over the forecast period.

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This research study covers sensors used in different types of aircraft including narrow-body aircraft, wide-body aircraft, very large aircraft, regional aircraft, general aviation aircraft, helicopters, military aircraft and unmanned aerial vehicles (UAVs). Narrow-body aircraft is the largest aircraft market segment for sensors and is expected to witness the fastest growth throughout the forecast period. Leading aircraft manufacturers are increasing their production of narrow-body aircraft due to increasing demand for this type of aircraft from China, India, Southeast Asia, and other emerging markets. Narrow-body aircraft would remain the primary choice for low-cost airline service providers to upsurge domestic operations in emerging countries. Wide-body aircraft is expected to witness the slowest growth throughout the forecast period as airline operators are reducing their operations of wide-body aircrafts for passenger traffic.

At present, North America is the largest regional market and the U.S. is the largest individual market for aircraft sensors due to the presence of formidable aerospace industry. The Asia Pacific is expected to witness the fastest growth as all major airline service providers are focusing to enhance their operations to meet the demand from domestic air travelers in major countries including India, China, and Southeast Asian countries.

The global aircraft sensor industry is highly competitive and prominent manufacturers focusing on new product development to cater to the airline service industry’s demand for aircraft weight reduction and lower maintenance costs. In addition, sensor manufacturers are developing long term partnerships with aircraft manufacturers to maintain their sustainability in a competitive environment.

List of Companies Covered:

• UTC Aerospace Systems
• Honeywell International Inc.
• TE Connectivity Ltd.
• Zodiac Aerospace
• Meggitt Plc.
• Safran Electronic & Defense
• Ametek, Inc.
• Curtiss-Wright Corporation
• Esterline Technologies Corporation
• Thales Group
• The Raytheon Company

Market Segmentation:

By Technology Type

• Wired Sensors
• Wireless Sensors

By Aircraft Type

• Narrow-Body Aircraft
• Wide-Body Aircraft
• Very Large Aircraft
• Regional Aircraft
• General Aviation
• Helicopter
• Military Aircraft
• UAV

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• What is the historical and potential market size of the aircraft sensors market?
• What are the key trends in the global aircraft sensors industry?
• What are the key investment areas in the aircraft sensors market?
• Who are leading players in the global market and their market winning strategies?
• What are the mandatory regulations and specifications required to integrate sensors in aircraft systems?
• Who are the major customers for aircraft sensors manufacturers and suppliers?
• Which is the attractive technology segment for aircraft sensors manufacturers?
• Which are key investment aircraft categories for sensors suppliers and manufacturers?

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Automotive Refinish Coating Market will be growing at a CAGR of 6.5% during the forecast 2018 to 2026

According to the latest report published by Credence Research, Inc. “Automotive Refinish Coatings Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global automotive refinish coating market was valued at US$ 9,494.5 Mn in 2017, expanding at a CAGR of 6.5% from 2018 to 2026. 

Market Insights

The global automotive refinish coatings market accounted for US$ 9,494.5 million in 2017 growing with a CAGR of 6.5% during the forecast period from 2018 to 2026. Increasing vehicles sale, easy availability of auto loans and modern lifestyle will drive the market growth over the forecast period. Moreover, the rising need for maintenance of premium vehicles is expected to drive market growth in Asian economies. In India, two-wheelers and four-wheelers account for 25% of road crashes leading to increased demand for vehicle repair and maintenance, and is, therefore, expected to drive the overall market. According to road-traffic safety experts, the frequency of traffic collisions in India is highest among other countries, which in turn is surging the overall growth. In addition, the Indian government’s “Skilled India” initiative will create more skilled workers for the automobile maintenance and repair industry, which in turn is projected to supplement the aftermarket growth in the future.

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Solvent-borne technology is witnessing a drop in demand owing to VOC emission. Leading paint and coating manufacturers are shifting from solvent-borne technology to waterborne technology on account of stringent environmental regulations such as “Directive 2004/42/EC” of the European Parliament. This regulation limits the emissions of volatile organic compounds by 90% owing to the use of organic solvents in decorative coatings and varnishes and vehicle refinishing products. Automotive manufacturers in Europe have followed the European Union directive in reducing VOC emission through the implementation of using powder coating/ waterborne coating instead of solvent borne coatings for automotive industry. Rising awareness towards reducing VOC emissions in automotive industries is expected to promote the market growth of eco-friendly coatings and thus limiting solvent borne automotive coatings demand in the near future.

U.S. EPA has regulated the limits of VOC emissions for automotive refinish coatings. For example, the VOC content in primers can be up to 4.8 pounds per gallon whereas, for topcoats, content can be up to 5 pounds per gallon. Primer acts as an ideal substrate for the smooth surface application of basecoat. The presence of a grey shade primer on the automotive body enables to identify the surface irregularities and brings out superior attributes of basecoat. Also, epoxy primers are being widely utilized on account of their excellent color holding coupled with better sealing and adhesion properties expected to enhance the market growth.

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Based on geography, North America held a significant share in the global automotive refinish coating market in 2017 with a market share of over approximately 22%. Population growth, increasing per capita car ownership and rising disposable income in North America has played an important role in developing the automotive refinish coatings market in the region. However, as per the China Association of Automobile Manufacturers (CAAM) (2016), the Chinese automobile industry is the largest in the world in terms of unit vehicle volume manufactured and the country has witnessed increased production over the past decade. The growing per capita income of the country has resulted in increased demand for automobiles in the domestic market. In addition, the growing number of luxury brands, such as BMW, has propelled manufacturers to shift their engineering plants to China due to lower labor costs and overheads. Also, India is expected to observe high demand for automobiles due to increasing industrialization coupled with government support for manufacturing vehicles. Therefore, increasing automobile production in countries such as China, India, and Thailand is expected to fuel the demand for refinish coatings in the Asia Pacific region.

List of Companies Covered:

• Axalta Coating Systems
• AkzoNobel
• BASF SE
• Bayer AG
• Berger Paints
• Clariant
• Kansai Paints
• KCC Corporation
• Nippon Paints
• PPG Industries
• Valspar Corporation
• Other Notable Players

Market Segmentation:

By Resin Type Segment

• Acrylic
• Alkyd
• Polyurethane
• Others (Epoxy, Nitrocellulose, etc.)

By Technology Segment

• Solvent Borne
• Water-Borne
• Others (High Solids and Powder)

By Product Segment

• Primer
• Basecoat
• Topcoat
• Fillers
• Others (Putty, Activators, etc.)

By Vehicle Age Segment

• Less than 5 Years
• 5 to 10 Years
• More than 10 Years

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• What are the current market trends in the automotive refinish coatings market and valuable opportunities for the players?
• How the regulatory framework affects the global as well as the regional markets?
• Which are the prominent technologies and recent innovations in the market?
• Which is the most successful business model implemented in the market?
• How do the regulations over the volatile organic compound emissions from automobile refinishing affect the overall market?
• What is the market size and trend in emerging markets such as China, India, and Brazil?
• Which are the prime coatings consumed among different geographies?
• Which is the most promising upcoming technology?

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