Hydraulic Thermoplastic Hose and Couplings Market Is Expected To Reach US$ 814.0 Mn by 2022 | Credence Research

According to a new market report published by Credence Research “Hydraulic Thermoplastic Hose and Couplings Market (Construction Equipment, Agricultural Equipment, Industrial and Material Handling, Lubrication Lines, Power and Telephone Mobile Equipment, and Other End-use Applications) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the hydraulic thermoplastic hose and couplings market is expected to expand at a CAGR of 4.7% from 2015 to 2022, reaching US$ 814.0 Mn by 2022.

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Product and Market Insights

A hydraulic thermoplastic hose is a thermoplastic pipe designed to carry fluids necessary for transferring force inside hydraulic machinery. In view of high temperatures and pressures involved in hydraulic applications, choosing right raw material for manufacturing hoses is extremely crucial. Superior characteristics including ability to stand high pressure, high abrasion resistance, and low weight makes thermoplastic a preferred material for manufacturing hydraulic hoses. On the other hand, couplings are used to connect two hoses together at their ends for transmitting the requisite power. Hydraulic thermoplastic hose and couplings find applications in agricultural machinery, construction machinery, industrial and material handling equipment, lubrication lines, and power and telephone mobile equipment among others.

Competitive Insights

The global hydraulic thermoplastic hose and couplings market is matured and concentrated. The top four hydraulic thermoplastic hose and couplings manufacturers account for the lions share in the global market. Gates Corporation (the U.S.), Parker Hannifin Corporation (the U.S.), Eaton Corporation (the U.K.), and Transfer Oil S.p.A (Italy) are identified as the leading hydraulic thermoplastic hose and coupling manufacturers. Other manufacturers including and Nitta Corporation (the U.S.), Polyhose India Pvt. Ltd. (India), RYCO Hydraulics Pty Ltd. (Australia), NRP Jones (the U.S.), Dyna Flex, Inc. (the U.S.), Kurt Manufacturing Co., Inc. (the U.S.), MAC Tubi S.p.A (Italy), ZEC S.p.A. (Italy), and Piranha Hose Products, Inc (the U.S.) have been marked as promising and emerging players in the hydraulic thermoplastic hose and couplings market. The hydraulic thermoplastic hose and couplings market has been plagued by lack of product differentiation. This has resulted in price wars, and is consequently leading to profit crunching. As such, application specific product diversification, and focus on product improvement are some of the key strategies to be adopted by manufacturers across the globe.

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Key Trends

• Construction Industry Regaining its Original Growth Levels Post Economic Recession
• Preference for Thermoplastic Hoses over Rubber Hoses in Hydraulic Applications
• Introduction of Advanced Thermoplastic Fluoropolymer Hoses
• Increased Industrial Production and Agricultural Mechanization

By Product Type

• Hydraulic Thermoplastic Hose
• Hydraulic Couplings

By Application Type

• Construction Machinery/Equipment
• Agricultural Machinery/Equipment
• Industrial and Material Handling Equipment
• Lubrication Lines
• Power and Telephone Mobile Equipment
• Other End-use Applications

By Geography Segment

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

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Conditional Access Systems Market Is Expected To Reach US$ 5.27 Bn by 2022 | Credence Research

According to a new market research report published by Credence Research “Conditional Access Systems Market (Smartcard-based and Card-less CAS; Television, Internet Services and Digital Radio) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global conditional access systems market was valued at US$ 2,364.7 Mn in 2014 and is estimated to expand with a CAGR of 10.5% from 2015 to 2022.

Browse the full report at “Conditional Access Systems Market”

Market Insights

Conditional access system is content protection solution used to restrict the piracy of broadcasting service. These solutions are designed restrict access to any unauthorized user thereby protecting the revenue loss of service providers. The conditional access systems market is segmented on the basis of types into smartcard-based and card-less CAS. Currently, the smartcard-based CAS segment dominates the global market. This is mainly due to the prolonged existence of these CAS as compared to card-less CAS. Card-less CAS are software-based solutions which eliminates the need for any additional physical chip in the receiver. In the coming years, the card-less CAS segment is projected to register the highest growth mainly due to its low cost and better security features.

On the basis of applications, the conditional access systems market is segmented into television, digital radio and internet services. The market is currently dominated by the television segment. With increasing penetration of digital television coupled with the mandatory digital television transition, the demand for set-top boxes is expected to remain high in the coming years. Since conditional access solutions form a component of set-top boxes, the digital television transition is expected spur the CAS market growth extensively in the next few years. Thus, the segment is expected to retain its dominant position throughout the forecast period. Further, with advent of internet services, the segment is expected to achieve the highest growth rate during the forecast period.

Competitive Insights:

The global conditional access systems market is highly consolidated in nature with few top players contributing more than 60% of the total market revenue. Major players operating in the market are Cisco Systems, Inc., Nagravision SA (Kudelski Group), China Digital TV Holding Co., Ltd. and others. These companies primarily focus on partnership and acquisition of other companies in the industry. This helps the conditional access solutions vendors in well establishing their international presence. Additionally, due to intense competition in the market, these companies also focus on development of conditional access solutions for HD and UHD television services.

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Key Trends:

• Shift towards cloud-based conditional access solutions
• Providing advanced conditional access solutions for HD and UHD television service
• Acquisition/partnership with existing players in the industry

By Type

• Smartcard-based CAS
• Card-less (Software-based) CAS

By Application Type

• Digital Television
• Internet Services
• Digital Radio 

By Geography Segment

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

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Drip Irrigation Systems Market Is Expected To Reach US$ 8.17 Bn by 2022 | Credence Research

According to a new market research report published by Credence Research “Drip Irrigation Systems Market By Application (Agriculture, Gardens, Others), Component (Drippers, Tubing, Backflow Preventers, Valves, Pressure Regulators, Filters, Fittings) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 – 2022”, the global drip irrigation systems market stood at US$ 1,070.8 Mn in 2014 and is estimated to expand with a CAGR of 12.5% from 2015 to 2022.

Browse the full report at “Drip Irrigation Systems Market”

Market Insights

Drip irrigation system is among the most efficient irrigation techniques. It includes application of water using drippers placed regularly on the lateral tubing. The water flow can be adjusted from 2-20 liters per hour making drip irrigation suitable for large number of crops. The primary components used in the drip irrigation system include tubing (mains and lateral), drippers, filters, backflow preventers, valves, pressure regulators and other required fittings. The drip irrigation systems market is majorly supported by their superior water efficiency and increasing need for higher agricultural production.

Despite the prolonged existence of drip irrigation systems, the overall penetration of drip irrigation systems is currently low. This is majorly due to dominance of other irrigation methods such as sprinkler systems and traditional irrigation techniques. In addition, drip irrigation systems market is significantly hampered by their high costs and maintenance requirement. Also, less awareness of people and reluctance to change is another important restraint for the market.

The drip irrigation systems market, as of 2014, is dominated by the agriculture segment. Due to rising population worldwide, there has been a consistent need for increasing agricultural yield. As a result, governments of various countries are offering subsidies on installation of modern irrigation systems. Hence, the segment is expected to retain its dominant position in the market throughout the forecast period. However, the other segment is expected to register the highest CAGR during the forecast period. The other segment comprises greenhouses and nurseries.

Competitive Insights:

The market is highly consolidated in nature with few major players contributing to more than fifty percent of the total market revenue. However, companies face significant competition from the local/regional players. Some of the major companies operating in the drip irrigation systems market are Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Hunter Industries, Inc., Lindsay Corporation and others. These companies are currently focusing on increasing their sales in markets such as India, China, Brazil and others where drip irrigation penetration is still low.

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Key Trends:

• Enhancement of the systems using drip chemigation/fertigation
• Promoting sub-surface drip irrigation system
• Focus on large untapped markets such as China and India

By Application Type

• Agriculture
• Gardens (Public & Residential)
• Others (Nurseries, Greenhouses etc.)

By Component Type

• Drippers
• Tubing
• Backflow Preventers
• Valves
• Pressure Regulators
• Filters
• Fittings

By Geography Segment

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

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Micro Irrigation Systems Market Is Expected To Reach US$ 8.17 Bn by 2022 | Credence Research

According to a new market research report published by Credence Research “Micro Irrigation Systems Market  By Product (Sprinkler Irrigation Systems, Drip Irrigation Systems), By Type (Sprinkler Irrigation Systems :Traditional Sprinklers, Center Pivot Sprinklers, Linear Move Sprinklers ; Drip Irrigation Systems: Drippers, Tubing, Backflow Preventers, Valves, Filters, Pressure Regulators, Fittings), By Application (Agriculture, Large Gardens, Public Places and Sports Grounds) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 – 2022”, the global micro irrigation systems market stood at US$ 3,462.7 Mn in 2014 and is estimated to expand with a CAGR of 11.2% from 2015 to 2022.

Browse the full report at “Micro Irrigation Systems Market”

Market Insights

Micro irrigation systems refer to irrigation techniques that apply water through sprinkling or dripping. These are by far the most water efficient techniques used for irrigation. The market for micro irrigation systems is largely driven by the rising need for enhancing crop productivity and addressing water scarcity issues. Another major factor fueling the demand for micro irrigation systems is their superior advantages over conventional irrigation methods. Micro irrigation systems supply water to the crops with minimal wastage. Additionally, since the water is applied with better precision, using these systems enhances the yields. In order to curb the water scarcity issues and increase food production, national governments worldwide are taking initiatives for increasing the micro irrigation system penetration. For instance, some of the national governments offer subsidies on installation of micro irrigation systems. However, the market is largely hampered due to lack of awareness and relatively high initial costs of these systems.

The micro irrigation systems market, as of 2014, is dominated by the sprinkler irrigation systems segment. The segment comprises traditional sprinklers (impact sprinklers), center pivot and linear move irrigation systems. Traditional sprinklers are the most popular types of irrigation systems and the segment is expected to retain its dominant position throughout the forecast period. Center pivot and linear move irrigation systems are popular majorly in region having large farms and developed agriculture sector. Further, due to their high water application accuracy and efficiency, drip irrigation systems segment is estimated to witness the highest growth in the coming years.

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Competitive Insights:

Some of the major companies operating in the micro irrigation systems market are Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Valmont Industries, Inc., Lindsay Corporation and others. The market is highly consolidated in nature; however companies face significant competition from the local/regional players. The market players can categorized into sprinklers and drip irrigation manufacturers; and center pivot and linear move irrigation manufacturers.

Key Trends:

• Enhancement of the systems through chemigation and fertigation
• Development of mobile sprinkler irrigation systems
• Focus on large untapped markets such as China and India
• Providing automated irrigation systems using moisture sensors and remote controllers

By Product Type

• Sprinkler Irrigation Systems
  • Traditional Sprinklers (Impact Sprinklers)
  • Center Pivot Sprinklers
  • Linear Move Sprinklers
• Drip Irrigation Systems

By Application Type

• Agriculture
• Gardens, Public Places and Sports Grounds
• Others (Nurseries, Greenhouses, Residential etc.)

By Geography Segment

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

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Salicylic Acid Market Is Expected To Reach US$ 64.76 Bn by 2022 | Credence Research

According to a new market report published by Credence Research, “Salicylic Acid Market By Application (Pharmaceutical, Food & Preservative, Personal Care Products, Cosmetics)- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the salicylic acid market was valued at US$ 0.25 Bn in 2015, and is expected to reach US$ 0.44 Bn by 2022, expanding at a CAGR of 8.4% from 2016 to 2022.

Browse the full report at “Salicylic Acid Market”

Market Insights

Salicylic acid is an organic acid which is naturally found in the bark if willow tree. The bark of willow tree is used for medicinal purpose since centuries. The medicinal use of salicylic acid was documented by ancient Greek physician in 5th century BC. It was used for reducing fever, pains and aches. In the modern world, salicylic acid is used primarily in painkillers and aspirins for curing aches and pains. It is also used for the treatment of psoriasis, callus and corns. It is also used in curing acnes and blemishes. Salicylic acid peels off dead skin and helps clean pores to treat and prevent acne. These properties of salicylic acid have led to high demand from the pharmaceutical and personal care products industry.

Growing awareness for well being and health among the people in emerging economies has led to high demand and consumption of skin care and hair care products, thereby leading to growth of salicylic acid in the market. Rising demand from the pharmaceutical industry is another factor driving the growth of global salicylic acid market. In addition, increasing use of processed food and flavored drinks has also led to booming demand for salicylic acid from the food industry. Salicylic acid is used as a food preservative as it has antiseptic properties. Changing and busy lifestyle of people has led to high demand for processed food which has increased the use of salicylic acid in the food industry. The personal care and cosmetics industry is also expected to contribute to the growth of global salicylic acid market.

Competitive Insights:

Pharmaceuticals accounted for the major share of more than 30% of global salicylic acid market in 2015. Rising demand is experienced for aspirin and pain killers for various diseases and pains. Therefore, pharmaceutical industries are expected to generate high demand for salicylic acid in the market. The growing awareness among the people for well being and health has increased the demand for skin and hair care products.  Salicylic acid is used on a large scale in production of various skin care and hair care products. It helps preventing acne and aids the treatment of various diseases like psoriasis, callus, corns, etc. Hence, personal care products industry is also expected to fuel demand for global salicylic acid market in the near future. Moreover, apart from medicinal properties, salicylic acid is also used in the food industry as a food preservative. The antiseptic property of salicylic acid keeps the food safe for a longer duration of time. Food industry is also anticipated to fuel demand for salicylic acid in the market during the forecast period.

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Key players dominate the global salicylic acid market making the entry of new players difficult. These companies have already established its position in the market because of high demand for salicylic acid from pharmaceutical and personal care product industry worldwide. Therefore, high competition is observed between the salicylic acid producers in the market to gain a strong foothold globally.

Key Trends:

• Psoriasis Treatment
• Advanced Painkiller and Ailments
• Food preservative
• Growth opportunities in cosmetic industry

By Application Type

• Pharmaceutical
• Food & Preservative
• Personal Care Products
• Cosmetics
• Others (Derivatives, Industrial, etc.)

By Geography Segment

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

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Unified Communication Market Is Expected To Reach US$ 106 Bn by 2022 | Credence Research

According to a new market report published by Credence Research Inc “Unified Communication Market By Type (User Productivity, Business Process), By Deployment (On-Premises, Cloud/Hosted), By Energy Efficiency Class (Unified Messaging, UC Conference, E-Mail, Enterprise Telephony, Contact Center App, Mobility, IM/Presence), By End-Use (BFSI , Telecom & It, Consumer Good & Retail, Healthcare, Public Sector And Utilities, Logistics And Transportation, Travel And Hospitality) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the unified communication market is expected reach US$ 106.4 Bn by 2022, with the rising demand for unified communication as a service (UCaaS).  Enterprises across the world are focusing to improve business communication process by upgrading existing messaging and telephony infrastructure and also by adding new applications supporting mobility. Rising market competition and unfavorable economic conditions are forcing organizations to reduce traveling budgets which is driving the demand for web conference and collaboration applications. Furthermore, rising adoption of video conferencing applications particularly in Asia Pacific market is a prominent factor for the growth of unified communication (UC) market.

Browse the full report at “Unified Communication Market”

In 2014, on-premises unified communication (UC) solutions accounted for the largest revenue share of 57.8% in the overall UC communication market. On-premises unified communication solutions are expected to see a steady growth through the forecast period as the organization across the world are investing significant amount in IP infrastructure to support real-time unified communication. Cloud/hosted solutions are expected to see the fastest growth through the forecast period due to rising demand for conferencing solutions across the world.

Banking, financial services and insurance (BFSI) represents the largest end use sector for unified communication solutions. This segment accounted for the 21.0% revenue share in the overall UC market by end-use verticals. IT and telecom service provider are deploring UC solutions to provide efficient services to their clients. This segment is expected to see the fastest growth through the forecast period 2015 – 2022. Manufacturing industries are investing in advanced UC solutions and integrating UC applications with their existing communication infrastructure. UC solutions used in government and utilities sectors are also expected to see a significant growth with rising importance to provide efficient services to public.  

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Majority of revenue for unified communication systems is generated through large size enterprises. Large size enterprises use highly flexible solutions which supports higher level of integration, legacy systems and modular solutions. Small and medium size enterprises are increasingly investing in UC solutions that are simple to use and maintain. Cloud based UC solutions are expected gain more popularity in SMEs due to their low deployment costs.

Enterprise telephony is the largest application category and accounted for the 42.0% of revenue share in the total UC market by application. Packaged mobility solutions are expected to see the fastest growth through the forecast period with rising use of mobile devices such as smartphones, laptops and others in business applications. Instant messaging, web conferencing and video collaboration solutions are also expected to see the prominent growth in the near future.

By Application Type

• Unified Messaging
• Conference (Audio/Video/Web)
• E-mail
• Enterprise Telephony
• Contact Center Applications
• Mobility Solutions
• Instant Messaging (IM) and Presence

By Type

• Pac-Man Analysis
• User Productivity
• Business Process

By Deployment Type

• Pac-Man Analysis
• On-premises
• Cloud/hosted

By Energy Efficiency Class

• Tornado Analysis
• Unified Messaging
• UC Conference
• E-mail
• Enterprise Telephony
• Contact Center App
• Mobility
• IM/Presence

By End-use Verticals

• Tornado Analysis
• BFSI
• Telecom & IT
• Consumer Good & Retail
• Healthcare
• Public Sector and Utilities
• Logistics and Transportation
• Travel and Hospitality

By Geography Segment

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

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Software-defined Data Center Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027

According to a new market research report published by Credence Research “Software-defined Data Center Market (by Component Type – Hardware, Software and Service; by Type – Software-defined Computing, Software-defined Storage, Software-defined Data Center Networking and Automation & Orchestration; by Data Center Size – Mid-sized Data Center, Enterprise Data Center and Large Data Center; by Industrial Vertical – Banking, Financial Services and Insurance (BFSI), Retail & E-Commerce, IT & Telecommunication, Government & Defense, Education, Healthcare, Manufacturing and Others) – Growth, Future Prospects, and Competitive Analysis, 2019 - 2027”, the global Software-defined Data Center market set to hit the market value of US$ 165.3 Bn in 2027 and expected to witness significant CAGR of 16.4% throughout the forecast period from 2019 to 2027.

Browse the full report at https://www.credenceresearch.com/report/software-defined-data-center-market

Market Insights 

A Software-Defined Data Center (SDDC) refers to data storage facility in which all elements of the infrastructure such as storage, networking, and security are virtualized and delivered as service. Provisioning, deployment, monitoring & automation and configuration & operation of the infrastructure is abstracted from hardware and executed in software. Several largest technology delivering organizations in the Internet network space adopted such approach to drive cost savings and improve manageability for multiple types of workloads. These architectures use commodity hardware components that are combined with proprietary technologies such as custom applications, platforms, and containers.

Overall software-defined data center market is segmented based on component, type, data center size, and industry vertical. Software-defined data center networking segment accounted to be the largest segment throughout the forecast period. Software-Defined Network (SDN) offers to move the network control plane to the software running on server. This improves programmability, efficiency, and extensibility. SDN is one of the most developed and favored software-defined technologies in recent years. North America was the largest market for software-defined data centers in 2018, chiefly due to early adoption of networking and cloud-based technology across multiple industrial verticals. Similarly, Asia Pacific market initiated to catch-up with significant pace in software-defined data center market primarily due to rapidly growing end-use industries.

Competitive Insights:

Major players in the software-defined data center market include Nutanix, Microsoft Corporation, Huawei Technologies Co. Ltd., The Hewlett Packard Enterprise Company, Red Hat, Inc., Vmware, Inc., Dell EMC, International Business Machines Corporation, Cisco Systems, Inc., and NEC Corporation among others. The software-defined data center service providers are espousing multiple strategies to thrive in the fragmented market ecosystem. Key players of the market are aiming on technological advancements as well as distinguishing their service offerings through advanced and user-friendly value propositions to sustain their place in the market. For instance, in January 2019, Huawei Technologies Co. Ltd. introduced the arm-powered server-class products that solidified the arm’s future in the data center space.  Similarly, in May 2018, The Hewlett Packard Enterprise Company announced the acquisition of Plexxi Inc. that expected to help HP Enterprise to deliver simplicity and speed to consumers by strengthening software-defined portfolio.

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By Component type Segment (2017–2027; US$ Bn)

• Hardware
• Software
• Services

By Type Segment (2017–2027; US$ Bn)

• Software-defined Computing
• Software-defined Storage
• Software-defined Data Center Networking
• Automation & Orchestration

By Data Center Size Segment (2017–2027; US$ Bn)

• Mid-sized Data Center
• Enterprise Data Center
• Large Data Center

By Industrial Vertical Segment (2017–2027; US$ Bn)

• Banking, Financial Services and Insurance (BFSI)
• Retail & E-commerce
• IT & Telecommunications
• Government & Defense
• Education
• Healthcare
• Manufacturing
• Others

By Geography Segment (2017–2027; US$ Bn)

• North America
• Europe
• Asia Pacific (APAC)
• Latin America
• Middle East & Africa (MEA)

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Medium Blog: https://medium.com/@kumarganesh028/software-defined-data-center-market-global-industry-size-share-growth-trends-analysis-and-4faffbef543

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