Refining Industry Automation and Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Refining industry refers to a group of chemical engineering unit process where the raw materials are being converted or refined into certain product value. Automation means automatic control of various control systems for operating different types of machineries that is being used in factories, boilers and other industrial purposes. It provides huge benefit in terms of saving labor, energy and materials that helps in maintaining quality, accuracy and precision.

 

There are various types of automated refineries like petroleum oil refinery, sugar refinery, natural gas processing plant, salt refinery, metal refinery etc. The types of products for refining industry automation are, Control Valves, Flow meters, HMI software, Low Power AC Drives, High Power AC Drives, High Power AC Drives, Process Engineering tools, Radar Level Devices and Continuous Ultrasonic Level Measurement Devices.

The growth of oil and energy sectors inhibits the growth of refining industry automation market. The oil companies are the major investors in this industry with a high demand of energy and refined petroleum products from the emerging countries. As a result of which it is expected to have a huge expenditure in large and complex capital projects in the refining industry. Due to economic slowdown in emerging countries like India and China and also due to European debt crisis the market is likely to get hampered. Though there was healthy shipment of products in the previous year yet economic downturn in emerging countries is slowing down the investment.

It is expected that the market will mainly be dominated by the emerging nations such as India and China but it is expected to be slightly slow in Europe (France, Germany, Italy, and UK) and North America. Key participants in the industry include Yokogawa, Emerson process Management, Aspen Technology, Invensys Operations Management, Aspen Technology, Honeywell Process Solutions, ABB and Siemens.

Digital Transformation Spending in Logistics Market to Reach US$ 94,972.3 Mn by 2026

According to a new market report published by Transparency Market Research, the global digital transformation spending in logistics market is projected to reach US$ 94,972.3 Mn by 2026 driven by exponential rise in digital transformation spending in logistics modules. The market is projected to expand at a CAGR of 10.7% during the forecast period from 2018 to 2026. Growth of the market is attributed to rise in demand for digital transformation in logistics and increase in adoption of cloud-based deployment models to offer quality services to clients. North America is anticipated to lead the global digital transformation spending in logistics market, followed by Asia Pacific, Europe, Middle East & Africa, and South America, during the forecast period. The digital transformation spending in logistics market is in a nascent stage and is anticipated to expand rapidly in the next few years.

Planning to lay down future strategy? Perfect your plan with our report sample here

Complete Industry Evolution to Drive Market

Digitalization is happening across industries, and the benefits are revolutionary for companies with greater consumer awareness and reach, higher productivity, and innovative business models. It offers the potential for old-economy sectors to take steps in pushing efficiency and customer ease. Industries are investing in digital solutions for input, processing, and output competences throughout the business ecosystems. Above and beyond the benefits, several industries are pushed toward the adoption of new technologies due to new regulatory regimes. The utilities sector, for instance, has been induced toward adopting smart meters and liberalization of the energy markets. The transportation and logistics sector continues to make investments in digitally enabled infrastructure and has achieved efficiency improvements as a result of open-skies agreements and other regulations. This also leads to various kinds of integration. For instance, XPO Logistics, with a futuristic vision, started developing in-house digital solutions (backward integration) pertaining to logistics & supply chain solutions and warehouse management systems. This provides the company an upper hand in terms of overall spend on digital solutions. XPO invests around US$ 450 Mn into technology each year.

Global Digital Transformation Spending in Logistics Market: Scope of the Report

Based on solutions, the global digital transformation spending in logistics market has been segmented into hardware solutions, software solutions, services, deployment, and industry. The hardware solutions segment dominated the global market in 2017. Hardware solutions enable users to optimize their applications on reliable, branded, and customized hardware platforms. In terms of deployment, the cloud-based segment held a prominent market share in 2017 and is expected to continue to dominate the market during the forecast period.

North America led the global digital transformation spending in logistics market, accounting for substantial share in 2017. The U.S. is the major market for logistics solutions in the region. Digital logistics solutions are also gaining popularity in Canada and Rest of North America. The digital transformation spending in logistics market in Europe, Asia Pacific, Middle East & Africa, and South America is expected to expand at a rapid pace during the forecast period.

Looking for exclusive market insights from business experts? Request a Custom Report here

Baby Food Products Market- Expansion Of Online Marketing And Selling Platforms

Baby food products are crucial for a baby’s health and nutrition, and for the baby’s early development. Typically, parents start baby food between 4 to 6 months of age. Baby food is easy to consume since it is made for infants to toddlers and is available in several varieties, tastes, and forms. Growing parental concerns about their baby’s nutrition and rising number of working women are encouraging the demand for baby food products. Professionally made baby food products fulfill the nutrition requirement of babies. Rising disposable income of people and changing lifestyles are also anticipated to boost the growth of the baby food products market in the coming years.  Growing urbanization is expected to create major opportunities for baby food manufacturers. Emerging countries with high rate of population growth such as India, China, and Brazil are growing markets for business expansion for leading market players. Also, new product development may make the market more attractive.

Baby Food Products Market – Competitive Landscape

The baby food products market is divided into several international and domestic companies. Leading market players are focusing on further innovation in products and regional expansion across the globe to enhance their market share.

• In June 2017, Reckitt Benckiser plc completed its acquisition of Mead Johnson Nutrition. Reckitt Benckiser Group plc is a British multinational consumer goods company with headquarters in Slough, the U.K. Mead Johnson thus became the Infant Formula and Child Nutrition (IFCN) division of Reckitt Benckiser plc.
• Companies involved in the baby food products market focus on business expansion through product innovation and regional expansion. For example, the Hero Group has signed an agreement for a joint venture with Kiviks Marquand, the manufacturer of Queensberry jams, in the Brazil market for business expansion in South America.

Is something restraining your company’s growth in the Baby Food Products Market? Ask for the Report Brochure here

Nestlé S.A.

Nestlé S.A. was founded in 1866 through the merger of Anglo-Swiss Milk Company and Farine Lactée Henri Nestlé, established by Henri Nestlé. The company is based in Vevey, Switzerland. Its product portfolio includes baby food, coffee, dairy products, breakfast cereals, bottled water, pet foods, ice creams and others. The company operates across 189 countries and has around 308,000 employees.

Mead Johnson & Company, LLC

Mead Johnson & Company, LLC was established in 1905 and has headquarters in Chicago, Illinois, U.S. The company is active in manufacturing infant formula, both locally and globally with its flagship product namely, Enfamil. It has several brands including Enfagrow, Choco milk, and Lactam.

The Hero Group

The Hero Group is a private, Swiss international consumer food manufacturer and marketing company incorporated in 1886. The company operates in North America, Europe, Middle East & Africa, and Central Asia. It is involved in the production and distribution of infant formula, jam, baby food, and nutritional snack foods.

Several international and domestic players are active in the baby food products industry. These include Abbott Laboratories, Perrigo Company plc, Hain Celestial, FrieslandCampina, The Hero Group, and others.

Foil Balloon Market-Rise In Adoption Of Foil Balloons For Advertisement And Promotional Purposes

Global Foil Balloon Market: Introduction

Consumer preference with respect to balloons for private as well as public events has dramatically shifted to foil balloons due to the flexibility offered by them with respect to size, shape, color, and print. Additionally, the air filled in these balloons have far longer life than regular latex balloons. However, foil balloons are not as biodegradable as regular latex balloons. Hence, they face restrictions in terms of environmental safety. The non-biodegradable factor of these balloons are adversely impacting the growth of the market during the forecast period.

Foil balloons are called so due to thin top coating of aluminum on them. Additionally, these balloons consist of Mylar – a type of nylon that serves as a base material. Hence, they are also called Mylar balloons.

Foil Balloon Market: Competitive Landscape

Pioneer Balloon Company

The Pioneer Balloon Company is one of the oldest companies in the balloon industry, and has its presence across North America, South America, Asia Pacific (APAC), and Middle East. The company operates through its three key product lines that includes Pioneer Party Group, Qualatex, and Pioneer Line. Birthdays, marriages, anniversaries, and other occasions such as Christmas, New Year etc. are some of the major segments that company caters to.

Belbal Group

Belbal Group was founded in 1984, and is currently headquartered in Belgium. The company has its distributors present across the globe. Belbal provides a variety of in-store party range including balloons and coherent planograms to its consumers. The company’s products are marketed and sold under the brand name BELBAL, and are available at discount stores, mass-market lines, luxury stores, and specialized retail stores.

Is something restraining your company’s growth in the Foil Balloon Market? Ask for the Report Brochure here

CTI Balloons

Since 1977,CTI Balloons has been manufacturing foil balloons, which eventually made the company a leader in introducing and mass producing foil balloons into the market. Despite new entrants, CTI Balloons continue to maintain its leadership in the market in terms of design, quality, development, and innovation. The products by CTI Balloons are available in more than 20 countries worldwide. The foil balloons by CTI are produced at its manufacturing plant in Barrington.

Yiwu Huan Teng Balloon Co., Ltd

The company Yiwu HT Balloon is the export department of Huanteng Printing Industry Co., Ltd. It is among the leading manufacturers specialized in balloon printing in China. Yiwu Huan Teng Balloon was established in 1998, and has a history of more than 10 years in production and export of balloons. Its portfolio includes products such as foil balloons, latex balloons, and other custom balloons. Yiwu’s products are exported to North America, Europe, the Middle East, South America, and Asia Pacific.

Some other key players operating in the global foil balloon market include Unique Industries Inc., Creative Balloons Mfg. Inc., Lucky balloon Ltd, Balloons Are Everywhere, Inc., and Grabo Srl.

Foil Balloon Market: Dynamics

Rise in Adoption of Foil Balloons for Advertisement and Promotional Purposes

Foil balloons can be produced in any desired shape and size. Moreover, they are more versatile than latex balloons. Hence, consumer goods and electronics brands choose these balloons as an advertisement and promotional tool. The increased adoption of foil balloons for advertisement and promotional events have significantly contributed to the expansion of the global foil balloon market in the recent past, and it is anticipated to continue to drive the market in the next few years.

Stringent Usage Regulations to Restrain the Global Foil Balloon Market

In the past couple of years, release of foil balloons into the open has resulted in severe accidents. For instance, in March 2016, a power outage took place in California caused by a foil balloon tangled in the power line. Similar incidents have taken place in recent years, and owing to this, foil balloons are facing usage restrictions. Enforcement of regulations has been impeding the global foil balloon market. It is likely to continue hampering the market in the near future.

Looking for Regional Analysis or Competitive Landscape in Foil Balloon Market, Ask for a Customized Report here

Electronic Massage Devices Market- The Electricity To Rotate Part Of The Machine To Vibrate At A Given Frequency, Thereby Providing Relaxing Sensation To The Body

Electronic Massage Devices Market Introduction

Electronic massage devices make use of the electricity to rotate part of the machine to vibrate at a given frequency, thereby providing relaxing sensation to the body. The vibration causes the same effect as a vibration massage done by a massage therapist. Different types of electronic massage devices serve a unique and specific purpose. Some machines are designed specifically to massage a certain part of the body. For example, specific machines are used for neck massages, while some other machines are used for knee massages. Electronic massage devices not only simulate blood circulation, but also help bring oxygen-rich blood and nutrients to the muscles. Electronic massage devices are gaining popularity, led to consumers’ inclination toward self-help and alternative health practices, owing to the changing lifestyles and busy schedules.

Want to know the obstructions to your company’s growth in future? Request a brochure here

Electronic Massage Devices Market – Competitive Landscape

HoMedics USA LLC

Incorporated in 1987, HoMedics offers a wide range of product portfolio including air filters, humidifiers, sleep aids, fitness monitors, and home massage products. It is one of the leading innovators in massage technologies.

OSIM International Ltd.

In 2004, Paramount Surgimed Limited incepted opened its division – Osim India. The company has exclusive outlets across India promoting the OSIM brand. OSIM is the global leader in lifestyle and health related products. Currently, the company operates in 111 cities in 24 countries with more than 800 outlets.

Beurer

Incorporated in 1919, Beurer offers medical products such as therapy devices and massagers, activity sensors, and heart rate monitors. The company collaborates with other leading companies and educational institutes.

HealthmateForever

HealthmateForever are nerve stimulators that use self-adhesive electrode pads to target specific nerves and muscle areas. The company ensures that medical devices are FDA cleared Class II, OTC for safety.

Breo

Founded in 2000, the company is famous for portable massagers. Its product portfolio includes head massager, eye massager, and neck massager.

Human Touch

Human Touch has been offering a wide portfolio of products, including massage chairs and products that rejuvenate the mind and body, since more than 40 years. The company manufactures robotic massage chairs which are recognized by the World Federation of Chiropractic (WFC) as valid supplement to back-care therapies.

Other key players in the market include Healthy World Lifestyle Sdn. Bhd., Rotai, Casada, JSB Healthcare, Family Inada, and Panasonic.

Looking for exclusive market insights from business experts? Request a Custom Report here

Digital Voice Recorder Market – Most Prominent Players are Sony Corp., Hyundai Digital Tech Co Ltd., Zoom Corp., Panasonic Corp., Olympus Corp.

With the presence of a copious number of companies, the global market for digital voice recorder is fragmented with intense competition. In this scenario, top companies are aggressively engaged in technological advancements to serve ever-changing consumer demand, for which they are investing heavily in this market. In the years ahead, these players are likely to concentrate on regional expansion, for which they might resort to business alliances with regional players.

Key companies operating in the digital voice recorder market include Sony Corp., Hyundai Digital Tech Co Ltd., Zoom Corp., Panasonic Corp., Olympus Corp., Leap Investment Ltd., Zoom Corp., Royal Philips NV, Shenzhen Hnsat Industrial Co. Ltd., and Noel Leeming Group Ltd.

As per a research report by Transparency Market Research (TMR), the global digital voice recorder market is likely to be valued at US$1.91 bn by 2022 from US$1.15 bn in 2017. This rise alludes to 11.50% CAGR over the 2017-2022 forecast period. By component of the recorder, Bluetooth, USB, infrared, and SD card are the segments into which this market is classified. The USB segment, among these, is currently displays the leading demand and is likely to continue to remain at the lead over the forecast period, rising at a CAGR of 11.30% CAGR between 2017 and 2022.

In terms of type of battery, AA, AAA, lithium ion, and rechargeable are the segments into which the digital voice recorder market is divided. By end user, residential and commercial are the segments of the digital voice recorder market. Geography-wise, North America currently accounts for maximum share in the global digital voice recorder market; the segment is predicted to stay at the fore rising at a CAGR of 14.50% between 2017 and 2022. The region being home to some leading vendors accounts for growth of North America digital voice recorders market. Factors such as ever-increasing demand for high quality products and swift uptake of technologically advanced devices in security and investigation practices realms are anticipated to drive the market in the upcoming years.

Planning to lay down future strategy? Perfect your plan with our report sample here

Growth of the Entertainment Industry Boosts Market

Firstly, the exponential growth of the entertainment industry is the key factor behind the growth of the digital voice recorder market. With the increasing number of live concerts and stage performances, along with the rising audience pool, there has been a tremendous surge in the demand for digital voice recorders.

Digital voice recorders are handheld device that are used to record voice and sound with better-quality sound recording and playback. The sound file created on the recorder is directed in a document framework on an internal hard drive or removable flash drive that can be transferred to a PC for interpretation, playback, or sound-altering. Digital voice recorder allow immediate sharing, which is why their demand among end users is on the surge.

Emergence of Online Tutoring Boosts Demand

The emergence of online tutoring is also stoking demand for digital voice recorder for recording lectures. The sound file is created in WMA, DSS, WAV, DS2, and MP3 formats.

Moreover, increasing investments from vendors to develop novel products, which are technologically-advanced too, is serving to boost the digital voice recorder market.

The review presented here is based on the findings of a TMR report, titled “Digital Voice Recorder Market (Recorder Components – Bluetooth, Infrared, USB, and SD Card; End User – Residential and Commercial; Battery Type – Rechargeable, AA, AAA, and Lithium Ion) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

Looking for exclusive market insights from business experts? Request a Custom Report here

Data Center Infrastructure Management (DCIM) Market Expected to Reach US$ 6,862.1 Mn by 2026

According to a new market report published by Transparency Market Research, the global data center infrastructure management (DCIM) market is expected to reach a value of US$ 6,862.1 Mn by 2026 on account of growing adoption of DCIM software and solutions such as IT asset management and facility management across various industries. The market is projected to expand at a CAGR of 18.1% during the forecast period from 2018 to 2026. The market in Asia Pacific is anticipated to experience healthy growth during the forecast period which is expected to be followed by Middle East & Africa.The data center infrastructure management (DCIM) solution segment is expected to see flourishing growth, owing to rising demand for data center infrastructure management (DCIM) in various industries such as IT, telecom, banking, retail, etc.

Rising demand for energy efficient data centers driving the global data center infrastructure management (DCIM) market

Due to the increasing usage of internet globally, the amount of data being generated is expected to drive the growth of data centers or server farms in the coming years. Most of the data centers have 24×7 operations which generate huge consumption of energy for cooling, lighting, IT equipment and others. The energy consumption also varies depending on the data center load which triggers better cooling needs. According to the National Resources Defence Council (NRDC), an environmental action organization, U.S. data centers in 2013 alone consumed 91 billion kilowatt-hours of electrical energy, which is expected to reach 139 billion kilowatt-hours by 2020. This is expected to put stress on data center companies in order to reduce their energy consumption and optimize data center efficiency. The usage of DCIM solutions is expected to fulfil this demand in the near future.

Planning to lay down future strategy? Perfect your plan with our report sample here

Data Center Infrastructure Management (DCIM) Market: Scope of the Report

The data center infrastructure management (DCIM) market is segmented based on solutions, software component, industry vertical, and geography. Based on solutions, IT asset management is estimated to have the largest share of around 48.5% in 2018. The combined growth of IT assets and DCIM software is expected to contribute to the growth of IT asset management solutions over the forecast period. On the basis of software component, the IT asset software solution segment is expected to contribute the largest market share. However, the DCIM software segment is expected to expand at the highest CAGR during the forecast period from 2018 to 2026. In terms of industry, the market is subdivided as BFSI, IT, telecom, healthcare, retail, and others. IT, telecom, and other segments are expected to account for a considerable market share in the coming years.  Rising demand for better energy efficiency in data centers and favorable regulations, boosting the adoption of green data centers is expected to drive the growth of the market in the coming years.

North America is expected to be the largest geographical market in terms of revenue in 2018. The presence of a large number of DCIM players and the existing data centers is expected to support the demand for DCIM in North America in the coming years. The U.S. is expected to be a significant contributor to the DCIM market in North America. Europe is anticipated to contribute a consistent market share during the forecast period owing to growing awareness and demand for additional green data centers over the forecast period. The Europe DCIM market is projected to expand at a CAGR of 16.2%.

Looking for exclusive market insights from business experts? Request a Custom Report here