Global Hydrostatic Testing Market to Register a CAGR of 4.7%, in Terms of Value, During 2018 – 2028

Future Market Insights delivers key insights on the global Hydrostatic Testing market in its latest report titled ‘Hydrostatic Testing Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment, 2018 – 2028’. The long-term outlook for the global Hydrostatic Testing market remains positive with the market value expected to grow at a CAGR of 4.7% during the forecast period (2018 – 2028). Among product type segments, the others segment is expected to expand at a significant CAGR, in terms of value, over the forecast period. Among design segments, the manual segment is anticipated to witness high CAGR, in terms of value, over the forecast period. The oil & gas segment is expected to hold a major share in terms of value among end-use industry segments in the global Hydrostatic Testing market due to the increasing investments across upstream as well as downstream projects. The global market for Hydrostatic Testing is estimated to be valued at US$ 489.5 Mn by the end of 2018 and will witness Y-o-Y growth rate of 4.7% over the forecast period. North America is estimated to account for a significant value share in the global Hydrostatic Testing market by 2018 end and is anticipated to remain dominant throughout the forecast period.

The Hydrostatic Testing market has been experiencing significant growth for years now, particularly in Middle East & Africa and North America. Growing demand for oil & gas and products based on these industries across GCC Countries, the U.S., etc., is contributing to the substantial demand for hydrostatic testing equipment in these regions.

However, the global Hydrostatic Testing market is expected to face certain challenges. Development of high quality equipment at low price is one of the key challenges for the hydrostatic testing equipment manufacturers across the globe. The aforementioned reason is expected to restrain the growth of the global Hydrostatic Testing market.

Strategic acquisitions to expand product base and services is a key trend identified in the global Hydrostatic Testing market across the globe.

Segmentation Analysis

  • On the basis of product type, the pumps segment is anticipated to dominate Hydrostatic Testing production over the forecast period
  • On the basis of design, electrical powered hydrostatic testing pumps segment is expected to register highest growth, in terms of value, over the forecast period in the global Hydrostatic Testing market
  • On the basis of output pressure, the 35-200 Bar segment is anticipated to dominate the market in terms of value. This segment accounted for more than one-third of the value share in the global Hydrostatic Testing market in 2017
  • On the basis of end-use industry, the oil & gas segment is expected to represent most of the incremental opportunity created during the forecast period in the global hydrostatic testing market

Regional Analysis

North America and Middle East & Africa are estimated to have collectively accounted for more than half of the overall value share in the global Hydrostatic Testing market by the end of 2017. The North America Hydrostatic Testing market is expected to remain dominant over the forecast period. Middle East & Africa is a key production base for oil & gas, and hence, the region is expected to create significant growth opportunities with relatively high CAGR in the global Hydrostatic Testing market.

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Vendor Insights The report highlights some of the top companies operating in the global Hydrostatic Testing market, such as COSMO instruments CO., LTD., Galiso Inc., Hydro-Test Products, Inc., Greene’s Energy Group, International Pipeline Products Limited, H. Lorimer Corp., JM Test Systems, Pumps Australia Pty Ltd., Rice HYDRO, Resato International B.V., China Joy Machinery and Equipment Limited, Petersen Products Co., Cat Pumps, Curtiss-Wright Corporation and Energy Services International.

Zeolite for Detergents Market a Potential US$ 1.7 Bn Opportunity for Manufacturers and Suppliers

The global zeolite for detergent market is expected to reach a market valuation of US$ 1.7 Bn by 2028 in terms of sales revenue, registering a modest CAGR of 2.6% during the forecast period (2018-2028), according to a new report by Future Market Insights, a premier market research firm delivering actionable insights to key stakeholders, globally. Predominant factors such as growing demand for detergents, rising government regulations on phosphate detergent builders, and escalating need for natural product are likely to push the zeolite for detergents market in the coming years.

To support sustainability initiatives, governments of emerging and developed countries and end-use industries have increased the use of bio-based chemicals and are focusing on the development of alternative materials. Zeolites being eco-friendly builder materials for detergents and less hazardous compounds are being increasing used in the detergent industry. Rising need for non-toxic products is expected to be a primary factor for product growth over the forecast period. Moreover, cost effectiveness and high efficiency, among others, have resulted in increased demand for zeolite in detergents products.

Fairly Performing Zeolite for Detergents Market in NA to be Highly Import-Oriented

In terms of market share and CAGR index, North America is anticipated to hold a significant share. The zeolite for detergents market in India is projected to be low volume and high growth country owing to market fragmentation- controlled by a number of small players. Eastern and Western Europe, relatively mature markets, will register slow growth rate during the forecast period. However, the North American and European markets are highly dependent on imports. Further, the low availability of low price raw materials in these regions affects the production of zeolites in these regions, owing to which zeolites are mainly imported from China.

“In zeolite manufacturing, the cost of raw material accounts for a significant share- around 79% – 81%. However, this cost of raw material varies with availability w.r.t. regions/country. In China, abundant availability of raw materials has resulted in low price of finished products i.e. zeolites. Also, in terms of production, China dominates the global zeolite market”- Research Specialist, Chemicals Industry, Future Market Insights.

Customized Product Offerings to Target Direct End Users to Remain Key Market Strategy 

According to a comprehensive evaluation and assessment of the competition in the global Zeolite for detergents market, PQ Group Holdings Inc. and Chalco Shandong Advanced Material Co., Ltd are the frontrunners with the highest market share and collectively account for nearly 30% of the total market share. The tier II players mainly include private label companies like IQE Group, Anten Chemical Co., Ltd., Fujian Risheng Chemical Co. Ltd. And National Aluminium Company Limited, among others are mostly engaged in manufacture and marketing of zeolite- spread across China, Europe, and North America. In terms of market strategy, it has been observed that zeolites manufacturers are focusing on expanding their product portfolio and are offering customized products to the detergent manufacturers. This, in turn, will provide competitive edge over other zeolite manufacturers and help to enhance their presence in zeolite for detergent. Top two players PQ Group Holdings Inc. and Chalco Shandong Advanced Material Co., Ltd are likely to focus on an inorganic growth strategy in order to enhance its presence in the global market and production capacity expansion to cater to the increasing demand for zeolites from various applications, respectively. Additionally, a few key players have entered into mergers and acquisitions to increase profitability and solidify market shares as they face stiff competition from other major private holding companies

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With 1.4X Global Growth, Revenue from the Sales of Refrigeration and Air Conditioning Compressors to Reach Nearly US$ 23 Bn by 2028

Despite refrigeration and air conditioning compressor manufacturing being a technology-intensive and capital-intensive process, with the growth in the demand for consumer appliances, the compressor market is anticipated to expand at a moderate growth rate in the near future, according to Future Market Insights (FMI), a premier company delivering critical information, analytics, and solutions. The refrigeration segment lies in the high growth – high value quadrant and will continue to be attractive in terms of market position. Increasing investments across the consumer appliances manufacturing industry is one of the key factors responsible for 1.4X growth of the refrigeration and air conditioning compressors market during the forecast period 2018-2028.

Designed to deliver maximum cooling and heating efficiency when needed, variable speed compressors will witness increased adoption in the heating, ventilation, and air conditioning (HVAC) industry – bringing new levels of comfort, efficiency, reliability and versatility. The market research also exhibits major changes across the globe that are driving the adoption of variable speed technology to compressors in ducted style systems. Expert analysts at FMI have indicated that manufacturers are more likely to prefer R290 refrigerant as compared to the R134a compressor as it provides 30% increased efficiency and has no direct effect on global warming.

“Various government agencies and organizations are focusing on the reduction of HCFC emissions from refrigerants. According to Environment Protection Agency (EPA) guidelines, consumption of HCFCs is required to drop 99.5% by 2020 and be replaced by alternative natural refrigerants. In order to meet these standards, prominent players have already launched upgraded products, while some Tier-III category players are striving to achieve compatible technologies through R&D and partnerships”- Industrial Automation Research Specialist, Future Market Insights

Top producers are likely to focus on product capacity, production, value, consumption, market share and growth opportunity in key regions, covering North America, Eastern & Western Europe, Latin America, China, Japan, Southeast Asia & Pacific, India, and MEA.

Rapid Growth of F&B Industry and Retail Stores Coupled with Rising Number of Cold Supply Chain Facilities and Warehouses to Upswing Market

The comprehensive study on refrigeration and air conditioning compressors market goes on to reveal that an increase in F&B production, along with the expansion of cold chain capacities to ensure efficient storage and minimize wastage of food, is expected to elevate the demand for refrigeration compressors across the globe over the forecast period. Concerns about food loss is driving key players across the globe to factor in the risks and strengthen their cold supply chain infrastructure in the coming years. FMI also predicts that rapid expansion of retail stores characterized by the rising number of hypermarkets and supermarkets is likely to boost the demand for commercial refrigeration systems, which in turn, would boost the sales of refrigeration and air conditioning compressors – which is anticipated to grow at a CAGR of 4.1% during the forecast period and reach a market valuation of US$ 22,955.0 Mn by the end of 2028.

Opportunity Analysis of the Refrigeration and Air Conditioning Compressor Market

  • Increasing consumer power, sustainability, digitalization, consolidation and a growing middle class is translating into a positive outlook for the consumer appliances industry, thereby creating an opportunity for the refrigeration and air conditioning compressors market. In the mature markets including North America, Western Europe, Japan, Australia, and New Zealand – where population growth is low – sales of refrigeration and air conditioning compressors is dominated by replacement products. On the other hand, developing markets comprising Eastern Europe, Middle East, China and Asia Pacific, and Latin America are characterized by rapidly rising living standards and a large number of new households being able to invest in appliances and other household products.
  • With technology evolving at a rapid pace, the data center industry encompassing IoT, mobile, and cloud computing is likely to open new investment opportunities for air conditioning commercial compressor manufacturers. In the larger data exchange landscape, the load placed on data centers will significantly increase as data centers require a high efficiency range of cooling solutions, which optimizes the equipment performance.

China is expected to account for more than 2/5th of the global market by the end of 2018 and continue market dominance till 2028. The market for refrigeration and air conditioning compressors is predicted to grow at a significant rate in North America and India. Designing new products with special focus on energy efficiency, reliability, easy maintenance, safety and overall sustainability is likely to be the major product strategy adopted by key manufacturers of refrigeration and air conditioning compressors such as The Danfoss Group, Emerson Electric Co., LG Electronics, Mitsubishi Electric Corporation, and Huayi Compressor co. ltd

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Food packaging industry followed by pharmaceuticals is anticipated to project a sustained demand for PVDC coated films during the forecast period

Future Market Insights (FMI) delivers key insights on the global PVDC coated films market in its published report, titled “Global PVDC Coated Films Market: Industry Analysis and Opportunity Assessment, 2018–2028”. In terms of revenue, the global PVDC coated films market is estimated to expand at a CAGR of 4.7% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecast in this report.

PVDC coatings are water based coatings, when packaging films are treated with PVDC coatings their barrier properties rise significantly. These coatings shield the packaged product from moisture, aroma migration and oil & grease permeation. PVDC coated films are used for the packaging of food products as they offer such excellent gas barrier. Along with this, PVDC coated films are highly glossy and transparent which gives a visual appeal to the packaged product and results in increased shelf visibility. Perishable food products such as fruits & vegetables, meat, poultry & seafood and bakery & confectionery are mostly packaged in PVDC coated films.

The global PVDC coated films market is segmented on the basis of substrate material type, application type, end use industries and regions. ­On the basis of substrate material type, the global PVDC coated films market is segmented into PE, PET, PVC, PP and PA. On the basis of application type, the global PVDC coated films market is segmented into laminates, wraps, lidding films, pouches & bags and blisters. On the basis of end use industries, the global PVDC coated films market is segmented into food, healthcare & pharmaceuticals, cosmetics & personal care and others.

Food packaging industry has been using PVDC coated films, as these films contribute in increasing the shelf life of the packaged product by enhancing barrier properties of the packaging films significantly. Hence, PVDC coated films are considered apt for packaging of perishable food products. In the pharmaceuticals industry, blister packs are treated with PVDC coatings so as to prevent oxygen and water vapour transmission in the packaging solutions.

By substrate material segment, the demand for PP and PE substrate materials is estimated to propel during the forecast period owing to their contribution in the food packaging industry. Due to restrictions on the usage of PVC by various countries, growth rate of PVC is estimated to remain moderate during the forecast period.

The North America PVDC coated films market is expected to expand owing to the established pharmaceuticals market in the region. The U.S. PVDC coated films market is expected to expand by 1.2x of its current value by the end of forecast period. Also, increasing consumption of ready- to-eat foods is expected to contribute to the growth of PVDC coated lidding films as well as pouches & bags. The PVDC coated films market is expected to expand in emerging economies of Latin America with the escalating demand for packaged food products. Germany and U.K. account for a significant market share in the Western Europe PVDC coated films market. The APEJ PVDC coated films market represents most favorable geographic region wherein China and India represent substantial incremental dollar opportunity and market share over the forecast period owing to the booming retail and e-commerce sector in the region. The Middle East and Africa (MEA) PVDC coated films market is expected to contribute in the growth of the PVDC coated films market due to the well-established cosmetics and personal care market. The Japan PVDC coated films market is expected to expand at 1.1x over the forecast period. Companies involved in PVDC coated films manufacturing are focusing on expanding their production capacity, by adding production facilities, extending new lines in the existing sites or acquiring other regional players. Key players considered in the report on PVDC coated films market include Mondi Group plc, Kureha Corporation, Jindal Poly Films Limited, Cosmo Films Ltd., Bilcare Limited, Klöckner Pentaplast, Glenroy, Inc., CCL Industries Inc., CPH Chemie & Papier Holding AG, and SKC Co., Ltd.

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Global Membrane Microfiltration Market is Expected to Reach US$ 8,048.5 Mn by 2028 End due to their Use in Various Industry-specific Applications

Future Market Insights (FMI) delivers the key insights on the global membrane microfiltration market in its upcoming report titled “Membrane MicroFiltration Market: Global Industry Analysis 2013–2017 and Opportunity Assessment, 2018 – 2028”. The water treatment is expected to be the most lucrative segment in the global membrane microfiltration market throughout the forecast period. The global membrane microfiltration market is expected to expand at a CAGR of 7.8% over the forecast period.

Membrane Microfiltration Market: Dynamics

The global membrane microfiltration market is segmented on the basis of material type, application and region. The global membrane microfiltration market by material type is further sub-segmented into cross-flow filtration and dead-end filtration modalities covering polyethersulphone (PES) membranes, polypropylene (PP) membranes, polyvinylidene difluoride (PVDF) membranes, polytetrafluoroethylene (PTFE) membranes, poly ether ketone (PEEK) membranes, polyimide membranes, and cellulose membranes. Based on application, the global membrane microfiltraiton market is segmented into water treatment, dairy & food processing, biopharmaceutical processing, chemicals, and others. By region, the global membrane microfiltration market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle-East & Africa, China, and Japan.

The growth of the global membrane microfiltration market is driven by the increasing demand for membrane microfiltraiton technology in various industry-specific applications. The introduction of legislations and regulations by regulatory authorities across the globe regarding water and wastewater management and use is expected to create significant growth opportunities for the manufacturers of membrane microfiltration. In water treatment systems, microfiltration membranes help in removing small solid particles such as iron (rust), manganese (rust), clay, silt and sand, bacteria, and viruses. In some of the water treatment systems, membrane microfilters help to pre-treat water before it passes further through the RO or some other treatment system.  Membrane microfiltration and associated systems are usually low cost and easy to maintain. They are usually self-monitoring in nature, i.e., when the filter is clogged or need to be changed, the flow of water automatically decreases. The increasing need of quality water is one of the major factors expected to contribute to the growth of membrane microfiltration market, as they are prominently needed in quality water management.

In the food and beverage industry, membrane microfiltration is a state-of-the-art technology for clarification, concentration, separation of components, desalting and purification of a variety of products. Membrane microfiltration is used to improve the food quality. On one hand, membrane microfiltration offers an efficient way to gain superior quality and safety without destroying the fundamental sensory qualities of the product, on the other hand, it reduces of some of the production steps and increases the yield.

Increasing need to achieve optimum yields in continuous and batch fermentation processes is also expected to drive the growth of the microfiltration membrane market. Besides, membrane microfiltration also helps to extract fermentable material in the production of cellulosic bioethanol.

Membrane microfiltration are nowadays being adopted in the production of biofuels and are being integrated into bio-refineries to lower the overall energy cost, increase valuable product recovery, and reduce the amount of waste. The growth of the membrane microfiltration market is expected to be driven by its increasing use in biodiesel processes, where it facilitates water reuse, particularly in areas having scarcity of water. Increasing need to achieve optimum yields in continuous and batch fermentation processes is also expected to drive the growth of the membrane microfiltration market.

Membrane Microfiltration Market: Forecast

By application, the water treatment is expected to be the dominant segment in the global membrane microfiltration market over the forecast period. Whereas, dairy & food and biopharmaceutical processing segments are collectively expected to contribute a large share in the global membrane microfiltration market. Manufacturers of membrane microfiltration have made considerable efforts to enhance their respective supply and value chains by adopting acquisition and merger activities. The membrane microfiltration market is expected to grow at a CAGR of 7.8% over the forecast period driving by development of industries such as biopharmaceutical, chemical, dairy & food, and water treatment.

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Membrane Microfiltration Market: Competitive Landscape

Examples of some of the key participants covered in the report on the global membrane microfiltration market are Pall Corporation, Merck KGaA, 3M, Lydall, Inc., Alpha Laval AB, CITIC Envirotech Ltd, and Koch Membrane Systems Inc.

Global Dehydrated Vegetables Market is expected to Increase at a CAGR of 4.8% in Terms of Revenue over 2018-2028

According to the latest market report published by Future Market Insights titled ‘Dehydrated Vegetables Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028’, the revenue generated from dehydrated vegetables market has been estimated to be valued over US$ 56882.1 Mn in 2018, which is projected to increase at a CAGR of 4.8% during the forecast period (2018-2028).

The global food landscape is rapidly evolving as consumer needs shift with changing lifestyles leading to growing demand for dehydrated vegetables. Food courtesans around the globe now want to try ethnic foods from different parts of the world and make it an integral part of their daily diet so these factors are expected to create major demand for dehydrated products such as dehydrated vegetables and dehydrated fruits. Consumers are progressively attentive of intercontinentally recognized varieties and are open to experimenting with processed and convenience food. With these changes, manufacturers, retailers and suppliers of food are reorienting their businesses to meet these demands. Today, processors from high-cost countries are dealing with stiff international competition, not only in terms of cost, but also product offering.

Processed food Industry Attracting Attention for Dehydrated Vegetables Market

The processed food market accounts for 32% of the total food market globally. India is the world’s second largest producer of food following China, but accounts for only 1.6% of international food trade. India plays a major role in global vegetable market. The Government aims at increasing this share to 3% in the forecast period. This indicates vast potential for both investors and exporters. Though the Food Processing Industry (FPI) has been growing at an average rate of 7%, it has the potential to achieve double-digit growth. Fruit & Vegetable processing, which is currently around 2% of total production was likely to be increased to 10% by 2010 and further it is expected to increase to 25% by 2025. Value-addition in food products is expected to increase from the current 8% to 35% by the end of 2025. However, this is expected to change significantly on account of increasing urbanization, changing lifestyles and increasing income levels and the growth of the organized retailing. Increasing Public-Private-Partnerships (PPP) and enabling measures taken by the government will also boost the growth of this sector.

Dehydrated Vegetables easy substitute for seasonal Vegetables:-

Dehydrated vegetables lead to advancement in the food industry to ensure a longer shelf-life of vegetables products. This has facilitated the widespread distribution and mass production of vegetables as well as opened up new markets.

Beyond shelf-life extension, dehydrated have additional roles in preventing food and avoiding wastages at various stages of production. For example, dehydrated vegetables incorporates the application of preservatives to inhibit natural ageing and discoloration.

Growth Prospects in Dehydrated Vegetables Market:

  • Abundant investment opportunities in expanding domestic market and exports: – Dehydrated vegetables helps in catering export opportunities and gaining foreign exchange. The countries with surplus production can set up food processing business for gaining market opportunities.
  • Avoid High level of Wastage across the Value Chain: – Dehydrated vegetables helps in preventing high level of wastages as it helps in enhancing the shelf life of products. Dehydrated vegetables have a shelf life ranging from weeks to months, which helps customers consume them in the future. The long shelf life of vegetables in the dehydration process is achieved by the removal of moisture, which keeps the vegetable free from microorganisms. Due to the various benefits of dehydration technology, the dehydrated vegetables market is growing.
  • Rising demand for seasonal food over the years: – Changing seasonal demand has big implications for those working in the fresh food supply chain industry. Food manufacturers and processors are looking for seasonal products, owing to the rising demand from consumers for their taste and flavor at any point of the year. Over the years, food processors have got a solution from producers/ processors with the invention of dehydrated food products. This allows them to incorporate dehydrated food products as an ingredient, so as to enhance product quality and deliver products as per consumer demand.
  • Market enduring new trends through Premiumisation: – Premiumisation has been bridging the gap between the luxury and mass market, to give all consumers access to unique and innovative dehydrated vegetable products that has been assured. For food and beverage producers, the benefits of premiumisation are clear. Consumers are now willing to pay premium prices on value-added products with real benefits. Today’s customers have been gaining trust on branding or doing premiumisation of consumer end products in terms of the quality of the product. Owing to this, manufacturers or even distributors have been strategizing on branding their fruits and vegetables in various formats at premium levels in order to gain traction in the global dehydrated vegetables market

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Dehydrated Vegetables is the new trend:

In past few years, some of the vegetables were preserved through dehydration techniques to cater a year round demand from food processors and food manufacturers. The dehydrate vegetable technique helps food manufacturers to materialize their raw material for ready to eat food products by overcoming challenges for seasonal production. With the evolutionary changes, the food industry has been looking at using dehydrated vegetables as potential means for developing their manufacturing process.

 “Consumers are considering for safe food with nutrient- rich benefits and taste”

To sum up, there is great prospective that dehydrated vegetables can be used as effectively in food products that perform similar functions of conventional products.

 Key Producers of Dehydrated Vegetables

Some of the major companies operating in the dehydrated vegetables market space are Olam International, Naturex SA, Symrise AG, Mercer Foods, LLC, BC Foods, Inc., Harmony Foods, Inc., Natural Dehydrated Vegetables Pvt. Ltd, Real Dehydrates Pvt Ltd, Green Rootz, Sliva International, Inc., Van Drunen Farms, Kissan Foods, Rosun Group, Mevive International Food Ingredient, and Catz International B.V. The companies in dehydrated vegetables market are focusing on expanding their market presence by establishing new processing facilities to leverage its strength.

Capturing Value in Automatic Identification Systems as Marine Dynamics Change

As the world shipping fleet grows, monitoring this fleet becomes even more imperative. Fleet monitoring through advanced Automatic Identification Systems (AIS) helps fleet staff to take well-informed decisions pertaining to vessel navigation, collision avoidance, grounding of ships and vessel rescue. Areas with strict environmental regulations such as Marine Protected Areas (MPA) require more comprehensive monitoring to mitigate risks to species requiring protection, limiting traffic and ascertaining illegal traffic. With sea freight and oceanic vessels monitoring witnessing a huge growth globally, the demand for Automatic Identification Systems will increase to reach a valuation of US$ 340 million by the end of the forecast year.

How Complex Data Analytics and Visualization Are Transforming the Future of Automatic Identification Systems

A direct and simplistic connection to critical maritime data at the right time poses a challenge to shipping freight lines. Data analytics and visualization are not only enhancing waterway management and pollution tracking but also paving the way for a more robust global commerce and product distribution. Graphical innovation has enabled interaction between automatic identification system data and real time data such as navigational information, weather and vessel position. Complex data analytics is enabling end-users to flag down illegal or suspicious activity and make quick real-time decisions. This helps to enhance safety through vessel scrambling and re-routing practices. Such newer and more prolific advents in data analytics and its interpretation will continue to fuel the growth of the automatic identification system market.

The demand for automatic identification systems is also bolstered by a key trend of detecting illegal fishing practices via a complex and dynamic data interface. This helps to track suspicious fishing practices in international fishery policy zones. As oceans become subjected to frenetic maritime activity, connecting, visualizing and analyzing critical automatic identification system data without pre-processing will bode well for competitive dynamics and present a wider array of opportunities for emerging market players.

Asia Pacific Excluding Japan (APEJ) Reigns Supreme with a Novel Space Based Automatic Identification System

In tune with the regional market analysis, APEJ will lead the global automatic identification system market with a market share of over US$130 Mn by the end of the year 2027. This is owing to APEJ’s huge demand for advanced automatic identification systems. For instance, the world’s premier space based automatic identification system to track merchant vessels on a real-time basis will be built through a joint collaboration between India and France. Efforts are on to build a constellation of satellites that will give a gargantuan boost to India’s coastal surveillance and maritime security in the Indian Ocean region. The constellation will have AIS capability along with radar and optical instruments with remote sensing features. The automatic identification system will cover a large landscape thus giving a boost to French economic interests. India’s erstwhile Long Range Identification and Tracking System (LRIT) is prohibitive in its functionality as it has range limitations. The new satellite based automatic identification system will propel India’s maritime security to greater heights.

Stricter regulations mandating the use of automatic identification system in several Asian countries will also spur the demand for AIS. For instance, in Aug 2019 a regulation by the Ministry of Transportation of the Republic of Indonesia has made it compulsory for vessels operating in Indonesian waters to install and activate automatic identification systems.

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A Leap of Faith Towards Cyber Securing AIS Most automatic identification system software is vulnerable to hacking and cyber threats. This has deterred many stakeholders from investing in a market that is brimming with potential. The importance of instituting rapid and widespread measures to secure automatic identification systems from malicious Trojans needs no clarification. Towards this, SAAB, a Swedish aerospace and defence company provides a broad range of software solutions to enhance the safety and security of oceanic waterways. In June 2019, SAAB introduced a novel way of securing automatic identification systems. They are now supplying the M-SecureSync solution to protect automatic identification system against malicious hacking. Similarly, in Oct 2018 FLIR Systems Inc, a world leading maker of sensor systems announced that it had been awarded a contract by the US department of homeland security to provide second generation automatic identification systems with enhanced levels of secure communication and coordination. Such functionalities that enable cyber security will be further scaled and made available to manufacturers who are grappling with the dilemma of cyber security in modern automatic identification systems.

PBB Producers Taking on Customer-Centric Outlook in the Global Passenger Boarding Bridge Market

The aviation industry is at full throttle, pushed by the flourishing the tourism businesses, inexpensive airfares & a drive for more prominent availability in a progressively globalized economy. Additions remain possess large amounts of the aviation sector attributable to the extending middle-class which keeps on impelling development in air travel since an expanded number of individuals can bear the cost of flights for holidays just as business-associated travel. This quick extending air travel sector has pushed investment efforts, whereas preparing for improvement of better-quality foundation. This has additionally pressed the market development forecasts of airport passenger boarding bridge (PBB), with organizations competing to support gains by conveying variations that guarantee ideal convenience to operators in addition to clients, comparable. With both private and public organizations underscoring the significance of making investments in new and good-quality airport infrastructure foundation to oblige increment in traffic need and keep up levels of services expected by travelers, gains stay amassed in the market. This falls by an expanded acknowledgment of the way that enhanced the framework and benefiting as much as possible from the existing foundation, practices the foundation on that even airport tasks and enhanced traveler understanding could be made.

PBB has been a customary component at airports worldwide for over years and denoted the coming at London’s Craydon Airport of transportable passenger walkovers. The idea of the PBB was imagined in the beginning period of commercial aviation. From that point forward there is no thinking back for PBB market, due to the critical development in air traveler traffic that additionally propelled a few nations to manufacture new air terminals to augment their traveler dealing capabilities. The drive to this point hasn’t been an obstacle-free slant for PBB market that endured a specific effect of the stoppage in world economic development for quite a while. Notwithstanding, the market yet kept up a relatively hopeful development, in the ongoing years, and is certain to pick speed in the anticipated years.

Technology is fixing novel expectations for the makers of PBB market, with automation and innovation in progress in the developing aviation sector. Indeed, AI-centered boarding bridges have arrived at inches nearer to complete automation, with a few organizations diving further in the influential automation inclination to interlace greater revenues. Japan’s ShinMaywa Industries has created AI-based innovation to automatically place PBB nearly 10cm to aircraft doors, a lot nearer than the current variations. Automation and innovation are quickly taking a middle stage in the aviation sector, since they can enable the airport to address lack of ground staff, for the way that the innovatively propelled bridges won’t necessitate exceptionally trained operators. Since airports keep on confronting deficit of staff and high turnover rates for workers generally, the center has moved to put and testing into functional activity an AI-equipped PBB automated docking system. These developing efforts toward cutting edge traveler boarding bridges mean the days of any kind of the critical situation at airports are totaled. Partners are taking advantage of such agony purposes of the aviation sectors to gain higher incomes by offering desired and synced variants.

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Oracle Services Providers Focus on Variable Pricing Models in the Global Oracle Services Market

Undertakings all over the world are rethinking their capabilities and businesses models, with an expectation to solidify their place by exceeding their competition. Since these undertakings keep on concentrating on winning the business agility pace, they are consistently vigilant for valuable services which would enable them to build relevance quotient of their organizations. Numerous investigations point to the way that agile undertakings demonstrate a higher level of ability in continuing customer relationships, which warrants the rising investments in cutting edge services well-lined up with their capabilities and strategies. On the other hand, the need to benefit multi-disciplinary solutions from a single platform keeps on escalating, so ventures are spared from the inconvenience of looking for numerous services from free sources. Likewise, multi-disciplinary services in a single platform umpteen money-saving advantages to end-users, with an additional favorable position of personalization. Such aspects are probably going to provide the remunerating prospect for the Oracle service suppliers to gain generous benefits over the years to come.

Advancing nature of business standards has called for high-scale execution of solutions with incomparable efficacy and promptitude. Thriving investments in cloud-based contributions keep on being one amid the key aspects bearing witness to the update of business tasks, around the world. With value expansion’ being the focal point of their key moves, Oracle service suppliers help enterprises to gain highest returns out of their investments in Oracle solutions using three noteworthy service models-cloud services, financial services, and consulting services. Amid the wide-spread reiteration of brands providing complete solutions for big business requirements, Oracle’s suite of solutions has increased huge footing by empowering end-users to support their exhibition all over production network, HR, financial management, and customer relationship. End-users’ mission for services which will enable them to drive the highest value from their investments in Oracle solutions is evaluated to push the development of Oracle services market over the approaching years.

Client help is of grave significance to organizations of fluctuating stature since its effective customer service is the mixture too long haul purchaser maintenance. Understanding the significance of unmatched client help, the service providers won’t just have the option to recover the customer acquisition expenditures, yet additionally, develop a reliable client base. Furthermore, 24X7 customer assistance services likewise aid the key merchants in making their brand image, in which the customer assistance personnel go about as key delegates of the brand’s qualities to the consumer bases. Notwithstanding, extravagant annual subscription charges in case of explicit services provided by Oracle are probably going to present sizeable challenges for the service vendors. The staggering expense of possession and firmness in price models would keep on affecting consumer loyalty that thus, has brought about the withdrawal of contracts or price renegotiations by clients. Knowing the previously mentioned and its future repercussions, key sellers are presenting a wide scope of services inaccessible in reasonable costs that will turn the chances to support them.

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Emission Policies Stay Essential in Strategic Growth of Two-Wheeler Lubricants Market Participants

In the period of electric portability where the battery is the fuel, the transportation, and the automotive sector is foreseeing critical change and megatrends. The engine innovation is evolving quickly, as emission guidelines escalate and buyer interest for moderate yet effective vehicles rises. Since electrification grabs hold of the transportation industry, interruption is likewise expected in the automotive lubricant area that has generally been one of the most appealing zones in the oil and gas value chain. In spite of the fact that the worldwide lubricant brands are not prone to be influenced by electric versatility at any point in the near future, organizations are preparing to draft new systems to flourish in the problematic business world. The market for two-wheeler lubricants, however somewhat moved by the rising technologies, stays a brilliant spot in a generally moderate moving lubricant market, attributable to its noteworthy development in emerging economies.

The present bike ointments market is being formed by various trends, for example, populace development, expanding versatility, ascend in-vehicle proprietorships, and strong two-wheeler sales. In semi-urban and rural areas, poor infrastructure, economic, and demographic realities have ordered two-wheelers as an essential mode for transportation, along these lines planning ground for expanding the generation of two-wheeler lubricants. Detecting persistent interests in foundation ventures and expanding the number of young and women populace driving scooters, particularly in emerging regions, partners are outfitting to tap the market by rolling out new items, creating brand-explicit lubricants, and extending geologically. In any case, it is relevant to take note of that, the present customers are progressively requesting efficiency enhancement, decreased CO2 outflows, and at last zero emanations travel – prompting an ascent in electric two-wheelers sales and cars. What’s more, limitations on two-wheeler use in foremost cities alongside a sharp decrease in the two-stroke vehicle populace prompting a take-up of four-stroke vehicles are probably going to reflect a danger to the enduring development of the market.

Instability in unrefined petroleum costs by and large and two-wheeler sales specifically stay key development influencers of the market. Constant R&D exercises on formulation science are being connected in lubricant structures that meet consistently fixing guidelines as well as satisfy the requirements of end clients. High development prospects of the market are anticipated in emerging nations all over Africa, Latin America, and the Asia Pacific, because of the effective entrance of two-wheelers in both urban and rural regions alongside expanding the use of such vehicles as cabs and for goods transportation. An ascent in the need for high-end motorbikes for recreational functions in emerged countries is further liable to open new roads for market players.

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