Increasing Integration of Advanced Technologies to Propel Automotive Block Chain Market

Automotive block chain is an advanced technology that is helps in efficient vehicle handling. It collects data from several vehicles, helps in better traffic handling and secure operations of different functions.

Some of the offerings of automotive block chain are unlocking of cars, keeping record of travel and journeys, leasing of car, and financial transactions of vehicles such as parking fees, toll charges, software updates, and several others.

To sum it up, automotive block chain technology enables secure data sharing by tracking vehicle at any point of time. Distance traveled and vehicle’s current location are some aspects that can be scrutinized using automotive block chain.

Increasing adoption of connected vehicle is the primary factor expected to fuel the global automotive block chain market. Apart from this, there are several other factors responsible for the growth of the automotive block chain market. We have mentioned some of them below-

  1. Rise in adoption of advanced technology, increasing demand for vehicle-to-vehicle and vehicle-to-base location connectivity, and necessity of a foolproof operating system are some other drivers of the automotive block chain market. 
  2. The advent of advanced technologies such as Internet of Things (IoT) and automotive automation is fueling the growth of the global automotive block chain market. This is because automotive block chain technology when integrated to advanced technologies provides numerous advantages to users.
  3. However, the fact that block chain technology is a decentralized technology in the auto motives, hence it is comparatively slower than of a centralized technology. Owing to this, speed of operation of block chain technology is slower than others. This is expected to restrict the growth of the automotive block chain market in the near future.
  4. Nonetheless, rising adoption of the automotive block chain technology in the vehicle and increasing integration of the technology with other technology is expected to offer lucrative opportunities to the growth of the automotive block chain technology.

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Rising Construction and building Sector to Drive Growth of Global Roofing Market

The increasing construction industry in the emerging countries and this is likely to propel growth of the global roofing market in the coming years. Increasing urbanization initiative across the globe is likely to uplift growth of the roofing market in the coming years. The escalating construction industry is directly proportional to growth of the roofing market in the year to come. The high range of immigration is expected to ensure steady demand for new housing and this is significantly supporting overall growth of the market in the coming years.

The changing environment regulation is expected to play vital role in the roofing market in the coming years. The worldwide adoption of orientation roofing is likely to propel growth of the global roofing market in the coming years and this will help the players to distribute the innovative materials at low cost and this is other factor promoting overall market growth.

High expense associated with Roofing to Hamper Market Growth

On the other hand, high expense associated with the roofing materials is one of the major trends negatively impacting market growth in the coming years. Other factors such as high expense associated with the maintenance maintain quality of roofing is one of the factors limiting market growth. However, Increasing construction of commercial building for instance malls and small complex and shopping complex in response to the change in lifestyle are some of the of the factor  bolstering market growth. In addition, increasing government initiatives in emerging nation to build economical buildings are fueling growth of this market.

Increasing Imitative to Built Green Building to Propel Market in North America and Europe

Geographically, North America and Europe is likely to dominate global roofing market owing to increasing imitative to build green buildings is supporting growth of the market in the coming years. The increasing energy conservation imitative is likely to change old roof from new and this in turn supporting market growth.

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Growing Awareness about Water Saving To Propel Growth of the Smart Irrigation Market

The mix of “smart” advancements in irrigation frameworks helped the horticulture business in defeating the deficiencies of conventional irrigation rehearses. By offering an assortment of points of interest, smart irrigation frameworks and arrangements are being embraced in a few pieces of the world. Agriculturists and ranchers, specifically, are advancing smart irrigation innovations on the grounds their key job in streamlining the utilization of water. From checking the dirt dampness levels to preparing in the mood for changing climate conditions, a scope of sensors and remote correspondence advancements are lined together for help smart irrigation. The upside of these innovations stays long-terms as each drop of water spared with the assistance of smart irrigation sums for a noteworthy commitment to the global water protection.

Thanks to these factors, the global smart irrigation market is likely to expand at a CAGR of 13.1% by the end of forecast period, 2017-2026. With this rate, the market is expected to reach value of US$ 2.32 Bn by 2026-end.

Advancement in the technology to propel market’s growth substantially

With progressions in sensor innovations, smart irrigation frameworks of tomorrow are ending up increasingly compelling in controlling the use of water. Indeed, even in local end-uses, for example, schoolyards, government parks and network greenhouses, smart irrigation is seeing a resolute appropriation. Smart irrigation has admirably changed business as usual of how cultivating was exclusively reliant on positive climate conditions. New items entering the global smart irrigation market are changing the irrigation rehearses, and in this way boosting the farming produce to an impressive degree.

Some of the key players in the global smart irrigation market are Rain Bird Corporation, HydroPoint Data Systems, Inc., Netafim Ltd., Rachio Inc., Galcon Ltd., The Toro Company, Hunter Industries Inc., Orbit Irrigation Products Inc., and Telsco Industries Inc.

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Military Infrastructure and Logistics Market to Gain an Edge Owing to Heavy Investment in Defense Sector

Military infrastructure and logistics services are the two vital factors for the efficient functioning of the armed forces. They ensure timely supply of essential goods and services to the armed force. Together, they both act as pillar to the military service of any country. Government across the globe in the investing heavily to develop their infrastructure and logistics. This is expected to offer a substantial boost to the military infrastructure and logistics market. This is one factor influencing the growth of the market, likewise there are several other factors which are expected to drive the global military infrastructure and logistics market in the near future. We have mentioned a few of them below, have a look-

  1. Countries like China, Russia, USA and India have increased budget allocation for the military development in their respective region. This is a positive sign for the growth of the military infrastructure and logistics market.
  • Army forces are focusing on adoption of advanced technologies to smoothen communication in their military based. For instance- the US Army’s has adopted I3MP communication system in the army this supports procurement, implementation, and management of the army’s base level communication architecture.
  • A surge in network-centric warfare (NCW)-based communication infrastructure in expected to boost the military infrastructure in the coming years. These advanced infrastructures enable the military to gain a competitive advantage by establishing effective networking, and dissemination of information. 
  • Apart from developed countries, several developing countries are taking substantial efforts to enhance their military infrastructure and logistics market. For instance- Indian military force collaborated with the Indian Space Research Organization (ISRO) and launched a multi-media communication satellite. These initiatives are expected to will enhance the network-centric warfare (NCW) infrastructure of the army.

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Need to Improve Healthcare Access Lays Growth Prospects in Global Telehealth Market

For decades, an unsolved problem in healthcare across nations has been lack of access. Be it under-developed, developing, or developed nations, all of them, in one way or the other, face issues with access to healthcare. While availability of quality healthcare becomes a different question, the need for basic facilities in remote areas continues to worry policy makers. It was in technology that healthcare found its solution to lack of access. With internet, cameras, and growing literacy among rural population, a new technology “Telehealth” was born. In the past few years, global telehealth market has gained impetus, and is bound to grow further in the coming years.

With access to healthcare being a right of every human being, there will be several other factors that will aid growth in the global telehealth market.

Large Rural Population to Sustain Demand

United Nations’ department of economic and social affairs points out that about 45% of the world’s population resides in rural areas. This fact itself forms basis for the huge populace that the global telehealth market will have to access in the coming years. While World Bank and United Nations predict that the urban population is expected to grow steadily, thanks to urbanization, but the volume of people that players in the global telehealth market will have to cover will still be enormous. This will ensure sustained growth in the global telehealth market.

Most rural areas lack basic healthcare facilities, while remote regions like tribal villages deep inside forests have to travel miles to reach a primary healthcare center. This fact should draw attention of companies in the global market for telehealth.

Pressure to Reduce Disease Burden to Support Growth

High mortality rate and incidence of epidemics is a sign of country’s economic position. The amount of loss incurred by a nation in the form of humans accounts for loss in economy. That is, death of a young adult to a easily preventable disease amounts loss of a human resource that could add to the per capita income contribution, thus adding to the GDP of the country. As a result, countries are expected to ensure communicable and preventable diseases do not increase burden. Trends show that people from rural areas are prone to the risk of such diseases due to lack of facilities and awareness. Hence, countries indulge into healthcare projects that reach out to the remotest parts of their nation, and screen rural population regularly for diseases. Telehealth plays a significant role in these campaigns, and as a result the global telehealth market will flourish in the next few years.

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Opportunities Lie beyond Diagnosis

Until few years ago, telehealth was considered a tool for diagnosis. But today, technology has enabled performing surgeries. This aids healthcare providers in not only being able to tend to patients if they need a procedure right away, but also prevent the hassles of travel and reduce treatment cost. Not only that, it aids in early diagnosis of deadly diseases like cancer, which have string impact on treatment.

Further, telehealth facilities can also come into help while tending to emergency cases. In cases of an unfortunate event or a case of complicated pregnancy, doctor does not have to spend hours traveling to the village or the other way around. Through telehealth, the physician can easily understand and render treatment. This will bring down mortality rates, and ease treatment. As technology continues to amaze the world, telehealth will be no different. With advanced research, days are not far when players in the global telehealth market will be selling products that help doctors treat complicated diseases like cancer. As countries mount their focus on healthcare spending, public and private insurances make healthcare affordable, and as people become more aware about diseases and treatments, the demand for products in the global telehealth market will only soar in the future.

Stem Cells Market: Rising Prevalence of Cancer and Deadly Diseases Boosts Growth in the Market

Stem cells have revolutionized the medical sector ever since they were discovered in the last century. With these cells holding immense potential in the field of medical domain, a distinct stem cells market exists from a global perspective.

Increasing demand for highly efficient ways of medical treatment is one of the most notable factors driving the global stem cells market. Every year, scientists make some breakthrough or the other in terms of stem cells research. These breakthroughs range from techniques to ensure that the cells are capable of taking part in treatments to finding out new uses of these cells from both medical and non-medical processes. Several businesses are pouring extensive investments to develop infrastructure for carrying out stem cell research. This too is majorly driving the global stem cells market.

Revenue-wise, expert analyst indicate that the global stem cells market could register a healthy valuation of US$270.5 bn by 2025. This growth is prophesized to occur at a splendid CAGR of 13.80% between 2017 and 2025. The following section elaborates more about how the global stem cells market is expected to gain extensive growth.

Stem Cells Market Gets a Boost with Potential for Universal Transplantation

Scientists from the University of California, San Francisco are working on developing pluripotent stem cells that can pass through the immune system of a human body. In this way, by avoiding rejection by the immune system, the scientists hope to start universal transplantation trails, thus breathing hope into organ transplantation ideas. With growing prevalence of serious healthcare issues, many scientists are looking forward to make use of numerous new methods in the form of stem cell usage. Several companies are expanding provision of stem cell therapies provided. This factor too boosts growth in the global stem cells market.

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Less Penetration of Research in Remote Regions Hampers Growth Opportunities

However, setting up stem cell research is highly complex and may mandate companies and organizations to put extensive effort in the same. This could drag the progress achieved in the global stem cells market up to a significant extent, thereby posing as a key restraint. Moreover, enormous costs are required to conduct quality stem cell research. Until these costs are met, a minor part of the research remain unfinished. This could certainly affect the provision of appropriate steam cell treatment and organ transplants using the same. In this way, the global stem cell research market is extensively hampered owing to economic reasons. In remote and endangered regions, less availability of qualified personnel to work on stem cells is majorly responsible for thwarting the success of the global stem cells market.

Nonetheless, several players are working towards regulating operational costs of the global stem cells market. This could offset most restraints affecting the global stem cells market in the upcoming years.

Expectations Remain High For Easy Regulations from Governments The global stem cells market depicts the presence of an emerging competitive landscape. Most research based and healthcare organizations are mainly focusing on improving quality of solutions provided even it takes high costs to achieve. In addition, cost regulation is next on hand for most players in the market. However, this could mean requirement of extensive effort to increase not only the success rate of carrying out stem cell implants, but also getting favorable nods from regulatory bodies. Key companies being a part of the global stem cells market are STEMCELL Technologies Inc., U.S. Stem Cell, Inc., Takara Bio Inc., Cellular Engineering Technologies Inc., and BrainStorm Cell Therapeutics Inc., among several others.

Ureteral Stents Market: Increasing Urinal Infection to Drive the Demand

With the growing incidence of prostate cancer and tumor have increased demand for ureteral stent. Moreover, scarring on the wall of ureter, narrowing of ureter, and to remove stones from the kidney through surgeries has also boosted growth in the global ureteral stents market. Ureteral stents are used during urological surgeries to allow easy drainage of urine. It is also used in cases where ureter is scratched which might be an effect of ureteroscopy.

Additionally, increasing need for a kidney transplant has resulted in high demand for ureteral stents. These stents are placed in the patient’s body until the body adapts with the replaced kidney. Pertaining to these incidences the demand in the global ureteral stent market has increased at a significant rate in the last couple of years. But there might be few complications related to the use of ureteral stents resulting in infection, dislocation, and blockage. A patient can feel the urgency or high frequency to urinate and find blood in urine.  There are also chances that a patient can feel pain in the kidney. These factors encouraged researchers to carry further research and development activities to develop a better alternative to ureteral stent which might hamper growth in the global ureteral stent market.

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Increasing Incidence of Urological Surgeries to Strengthen North America Ureteral Stents Market

The demand for ureteral stents is high in developed regions in North America and Europe. Rising prevalence of kidney stones and the growing number of urological surgeries has posed North America to lead the global ureteral stents market. According to a study, in the United States, kidney stones affect 1 out of 11 people. And it has been estimated that approximately 600,000 Americans are suffering from urinary stones each year. Adding further, Asia Pacific is also expected to contribute to the growth of the global ureteral stents market due to the increasing number of diabetes patients and obesity that are susceptible to kidney disorders. As per the data released in 2005 in Current Science journal, stated that there are about 12% people suffering from urinary stones in India and 50% of these might lose their kidney functions. Thus, these growing numbers for urinary stones are likely to expand demand in the global ureteral stents market.

Limited Availability of Natural Resources to Augment Demand in Solar Thermal Power Market

Since a very long time, we have been dependent on natural resources to meet our day to day energy needs. Extensive use of natural resources has resulted depleting them and resulting in harmful effects on the environment. But nowadays, people are focusing on various renewable resources to meet their energy requirement. Due to this, there is a high demand seen in the use of solar thermal power across the globe. Moreover, reducing and limited availability of natural resources has further augmented demand in the global solar thermal power market.

High Research and Development Activities Carried by Players to Bolster Market Growth

Key players in the global solar thermal power market including ACCIONA, Abengoa Solar, S.A., GlassPoint Solar, Inc, ABROS green GmbH, Rackam, Torresol Energy Investments, S.A, Novatec Solar, Sopogy, AREVA Solar, and BrightSource Energy, Inc. are indulged in thorough research and development activities. These steps will help them in gaining larger share in the market and also they can offer better and advanced ways to get solar thermal power. Moreover, large numbers of players are planning to establish their plants in developing countries to the high demand and low labor and material cost in the region. This will also give them new market to explore and strengthen position in these regions.

Emerging Markets to be Beneficial for the Growth of Solar Thermal Power Market

Europe is likely to the biggest market for the growth solar thermal power. Higher number of installed photovoltaic cells in Germany is a contributing factor in leading Europe as a key market for solar thermal power. However, Asia Pacific is also expected to hold large number of share in the global solar thermal power market due to increasing demand for environmental friendly means. Moreover, high economic growth, rapid increase in demand in end-use applications, and high competitive manufacturing cost together has boosted demand in the global solar thermal power market in Asia Pacific.

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Growing Tea Consumption Globally To Propel Its Demand

The global tea market is probably going to stay steady in the expected years. The rising interest for tea around the globe will empower the market to continue development through the figure time frame. TMR finds that conventional tea will stay well known among tea sweethearts around the world. Other than its cost-proficiency, the steadily expanding utilization of customary tea will empower it secure a huge offer in the global tea market. In the interim, the rising ubiquity of premium tea, such as oolong tea, yellow tea, and white tea will make extensively development open doors for the market. The interest for premium tea assortments is required to ascend in the coming years and shoppers’ ability to spend increment in light of their expanding extra cash.

The developing mindfulness about medical advantages offered by tea will likewise push its interest around the world. The flavonoids, cell reinforcements, and phytochemicals present in tea help improving different capacities in human body. The rising information about advantages of drinking tea for patients experiencing battle joint inflammation, cardiovascular infections, and hypertension will clear path for the market’s development in the coming years.

In the coming years, the market is probably going to pick up fundamentally from the rising notoriety of home grown and natural tea. Their implantation with a wide scope of flavors and scents will likewise support development in the market. On the drawback, change in buyer inclination and fluctuating wages of work may impede the market’s development. Additionally the expanding utilization of espresso will go about as key limitation for the market.

Different factors, for example, asset limitations and environmental change may unfavorable effect the market. In any case, tea utilization is figure to ascend far and wide. Moreover, the expanding accessibility of different flavors and sorts of tea at a sensible cost will support the market over the conjecture time frame.

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Europe Micronized Wax Market- Significant Growth in Architectural Coatings Driving Demand for Micronized Wax

The architectural coatings and paints are gaining traction in Europe owing to the growing demand from the construction and automotive industry. Architectural coating manufacturers are widely using micronized waxes in order to enhance the performance and appearance of architectural coatings. Moreover, improving surface protection in industrial paints and coatings is also driving demand for micronized wax. Manufacturers of micronized wax are also focusing on developing innovative products to meet formulators’ need in the paint and coatings market. With the presence of a large number of paints and coatings companies, Germany has emerged as one of the largest producers of paint and coatings in Europe.

High performance micronized wax additives are also being offered by manufacturers to enhance the performance of coatings. Providing better surface protection, corrosion protection and resistance, and better appearance, the demand for synthetic wax is constantly growing including polymide, polypropylene wax, polyethylene wax, fisher-tropsch wax, and polytetrafluoroethylene wax.

However, owing to the rise in the emission of volatile compounds from synthetic wax in paints and coatings is influencing the use of natural wax such as carnauba wax, bee wax, and micronized sugarcane wax. Sugarcane wax is finding wide application in paints and coatings as it acts as a lubricant and increases color output, moreover, offering scratch resistance, while improving the grip is driving the growth of sugarcane wax in developing sustainable paints and coatings.

With the introduction of stringent regulations on paints and coatings industry with a focus on reducing VOC emission in the region is driving the adoption of raw materials with zero VOC residuals and reduced toxicity, leading to lower harmful impact on environment. In recent years, the architectural coatings industry has shown increasing interest in low-VOC paint and coating formulations. This is driving wax manufacturers to develop non-toxic, VOC free, and zero carbon waxes for use in coatings and paints for both exterior and interior end-use. However, lack of availability of raw materials to produce VOC free wax and high cost are the two major challenges for micronized wax manufacturers.   

Manufacturers in the micronized wax market in Europe are increasingly focusing on using advanced techniques to incorporate micronized wax into coatings to provide proper wetting, dispersion, better performance, without any coating defects and particles. New technologies are also being designed to produce micronized wax with modified properties. For instance, with the development of UV-resistance coatings and paints, new micronized wax enhancing UV resistance properties of coatings are also being developed.

With growing demand for sustainable additives in paints and coatings, manufacturers in the region are focusing on developing new micronized wax based on the raw materials from renewable sources, while providing similar or improved results. Various techniques and technologies are used to develop micronized wax, however, spray chilling and air jet milling are the two largely used techniques to produce micronized wax. Moreover, with the increasing demand for water-based coatings, micronized wax manufacturers in Europe are developing a unique range of waxes with good stability that can be used in both water-based and solvent-based coatings. In order to meet specific performance and appearance requirements, a wide range of micronized wax additives are being developed using synthetic raw materials in combination with unique particle size.    

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