Smart Transportation Market to Set Astonishing Growth from 2015 – 2021 | Cisco Systems, Siemens AG, GE Transportation, Alstom AG, and Cubic Corporations

The global smart transportation market has been valued at USD 45.10 billion in 2014, growing at a CAGR of 18.5% from 2015 to 2021. The smart transportation market finds their application in developing smart networks for better coordination of traffic. In addition, the concept of smart transportation is majorly applicable in smart cities. They ensure better traffic management, safety of the commuters and smart parking of vehicles.

The global smart transportation market is segmented by regions into North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). The market is primarily being driven due to increasing demand for smart networks. In addition, the rising awareness of traffic congestion is also aiding to the growth of the market.

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In 2015, Europe lead the market of smart transportation and the region will be dominating during the forecast period. The application of smart transportation for better coordination of traffic is acting as a driver for the market. North America follows Europe accounting for more than 25% of the global market share. However, Asia Pacific is the fastest growing region due to the presence of major economies such as China, Japan and India. Rest of the world is expected to maintain steady growth due of the developing regions as the application of smart transportation involves high initial investment.

The global smart transportation market by solutions is categorized into ticketing management systems, parking management systems, integrated supervisory systems and traffic management systems. The traffic management system has the highest market share in 2015 and is expected to dominate the market during the forecast period. The growth is attributed to the demand for better traffic management by using innovative toll systems.

On the basis on services, the smart transportation market can be segmented into: cloud services, business services and professional services. Cloud services have dominance in the market with its market share accounting to more than 40% of the global market. Business services follow the cloud services. Cloud services are becoming increasing popular across various organization due absence of physical devices. Moreover, the application cloud services enables the users to access their data remotely. Thus, cloud services are very helpful in efficient management of traffic.

Industrial Personnel and Burden Carriers (Electric) Market – Global Industry Analysis, Trends, Forecast 2024

Industrial Personnel and Burden Carriers (Electric) Market: Snapshot

The industrial personnel and burden carriers (electric) market is likely to grow at a significant pace during the forecast period. In today’s highly competitive business environment, operational efficiency has become a high priority for most companies so as to provide the best of products and services to their customers. The growing importance of, and therefore need for, operational efficiency in industries is set to motivate the growth of this market in the coming years. Rapid industrialization in several Asia Pacific countries and the rising demand for electric vehicles have also propelled the industrial personnel and burden carrier (electric) market.

In terms of revenue, the global industrial personnel and burden carriers (electric) market is slated to rise from a value of US$395.80 mn in 2015 to US$757.40 mn by 2024, augmenting at a 7.5% CAGR therein. By volume, the market is poised to register a 3.9% CAGR from 2016 to 2024.

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Massive Demand for Electric Industrial Personnel and Burden Carriers in Manufacturing Sector

The global industrial personnel and burden carrier (electric) market can be divided into personnel carrier and burden carrier on the basis of type. The burden carrier segment dominated the market in 2015. The increasing application and use of burden carriers in industries due to the benefits associated with them is likely to result in the growth of the segment during the forecast period.

Electric industrial personnel and burden carriers find application in sectors such as manufacturing, mining, oil and gas, pharmaceuticals, iron and steel, chemicals, and food processing. The manufacturing sector is the leading revenue contributor to the global industrial personnel and burden carriers (electric) market. There is a massive demand for these carriers in the manufacturing sector to ease up production processes by efficiently handling various raw materials and personnel in factories. This has led to the rise in demand for electric industrial personnel and burden carriers.

Container Fleet Market: Trends, Key Country, Competitive Landscape and Comparative Analysis by 2025 |Hapag Lloyd (Germany), Maersk Line (Denmark), Westfal-Larsen Shipping A/S (Norway)

Global Container Fleet Market: Snapshot

Container fleet refers to the concept of containerization through sea in an intermodal transportation process. The increase in use of high capacity vessels or ships reduces the cost of containers as they can store more number of containers at a time. This, coupled with the rapid increase in use of fleet management systems are likely to push the growth of this market upward in the next few years.

In the intermodal transportation procedure, the goods are not required to unload or reload from the containers and due to this the intermodal transportation is in high demand in the container fleet market. Moreover, the refrigerated cargo containers help the container fleet market to transport fresh vegetables, fruits, medicines, and meat, while maintaining their temperature thus reducing the risk of damage.  Spurred by these factors, the demand for container fleet is expected to rise considerably in the coming years.

As manufacturers look towards integrating analytics, the container fleet market will scale higher. Incorporating analytics will the help in dealing with network related issues such as terminal operations, container utilization, and also vessel deployment. However, large capital investments involved in the container fleet market can limit its scope for expansion in the coming years.

The global market for container fleet stood at US$8812.4 mn in 2016. Rising at a CAGR of 5.7% from 2016 to 2025, the global container fleet market is likely to reach US$14.41 bn by the end of 2025.

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Asia Pacific to Continue Leading Global Container Fleet Market

On the basis of geography, the global container fleet market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Among these regions, Asia Pacific dominated the market for container fleet in 2016, followed by North America. These regions collectively accounted for more than 50% of the total revenue generated by the market in 2016. However, Asia Pacific is projected to grow at a higher pace during the forecast period followed by Europe, North America, Middle East and Africa and Latin America.

Sail and Rowing Dinghies Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

A dinghy is a type of small boat. It is often carried with large ships as a lifeboat. Various types of dinghies of different sizes are available in market. They are used in large ships as lifeboats apart from their basic purpose of sailing and rowing. Sail dinghies are the fastest and one of the most difficult types of dinghies to sail. A rowing dinghy involves propelling a boat on water using oars. A dinghy has a strong ring on the bow, which helps in anchoring and towing it. Also, it has two more rings at the stern, which are used in lifting and securing the dinghy for stowage. It also has oarlocks on both sides to keep oars. A dinghy has multiple options for propulsion on water such as oars, motors, and sails with gunter and solar system. The choice of investing in a dinghy depends on the need and budget of the consumer and the type, size, shape, model, performance, and  potential of the dinghy.

The sail and rowing dinghies market is primarily driven by the presence of large international suppliers and small suppliers. The market is also influenced by factors such as product performance and capability, engine power, safety, and raw materials used to build the dinghy. Key drivers that have boosted the popularity of sail and rowing dinghies include increased demand for adventure and entertainment, good quality raw materials and safety of the product, better engines, influence of Olympic games, and rise in the spending power of the population. However, lack of awareness and knowledge about running a dinghy is expected to be a major factor restraining the growth of the sail and rowing dinghies market. Nevertheless, spread of knowledge about the use of dinghies through training programs, events, and camps is expected to create significant opportunities for the global sail and rowing dinghies market.

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The global sail and rowing dinghies market can be segmented based on product, size, engine, raw material, end-user, and region. In terms of product, the market can be categorized into asymmetric spinnaker, catboat, whaleboats, whitehall rowboats, dories, prams and inflatable boats. Based on size, the sail and rowing dinghies market can be classified into less than 6m, in the range of 6m to 10.5m, and in between 10.5m to 18m. In terms of engine, the sail and rowing dinghies market can be divided into inboard and outboard engine. Based on raw material, the global sail and rowing dinghies market can be classified into steel, PVC, hypalon, fiberglass, and aluminum. In terms of end-user, the market can be divided into personal, commercial, and Olympic games. Based on region, the global sail and rowing dinghies market can be segmented into North America (U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, and Russia), Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, and Vietnam), Middle East & Africa (GCC countries, Turkey, Egypt, and South Africa) and South America (Rest of Central & South America and Brazil).

Dancewear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

Dancewear includes clothing items generally worn by dancers. The different items of dancewear include dance shorts, dance shoes, tutus, arm warmers, tights, legwarmers, leotards and unitards, and dance belts. The dancewear style varies based on different dance types. For instance, the ballet dance form comprises proper dance attire which includes wrap-around ballet skirt, leotard, tights, and ballet slippers. Tap dance Leotards dance attire can include short-sleeved, long-sleeved or sleeveless attires and are available in different ranges of colors (pink or black) depending on the ballet dress code. Therefore, it is important for dancewear to be breathable, lightweight, and stretchy to provide dancers with freedom and comfort of movement.

Dancewear must fit properly, and leotards or tights should be tight fitting but comfortable, and not baggy or loose fitted. Furthermore, jazz dancewear generally includes a form tight top with jazz pants or leotard with tights, and soft, comfortable leather shoes. Jazz pants are mostly black colored, slightly flared at the bottom, and form fitting at top. Dancewear or dance clothes for other dance forms are not traditional style but are expected to follow the basic elements of the dancewear which consists of breathable and comfortable fabrics. For instance, hip hop dance style students often have the freedom to wear loose fitted and baggy clothes. Students of various other modern dance styles choose to wear a foot thong, whereas hip hoppers opt for runners. Furthermore, lyrical or modern dance attire is expected to include a form fitting top or leotard, stretchy pants, and footless tights.

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Increasing awareness about health benefits has encouraged people to opt for dance as a form of exercise, which is expected to positively influence the dancewear market growth over the forecast period. People are majorly adopting dance forms such as zumba to reduce weight, burn calories, and to stay fit. Furthermore, various health benefits associated with dance such as improved muscle tone and strength, better condition of lungs and heart, and aerobic fitness is also influencing the adoption of dance. Employees of private company are majorly adopting dance forms as part of their style status in their schedule. These factors are further projected to boost the dancewear market growth in the coming years. Additionally, increasing inclination toward zumba as a part of exercise has led people to join fitness programs for zumba which incorporates soca, hip-hop, salsa, samba, mambo, and merengue. This in turn is projected to boost the market growth over the forecast period. Furthermore, schools are also including various dance forms such as ballet, salsa, rumba, samba etc. and different ballroom dance forms such as waltz, quickstep, foxtrot etc. for their students, since it helps to reduce stress, ease anxiety, and boosts confidence. This is further expected to spur the dancewear market growth in the coming years.

Kiosk (Self-service/ Interactive Kiosk) Market to Reach a Value of ~US$ 2.4 Bn by 2027: Transparency Market Research

Global Kiosk (Self-service/ Interactive Kiosk) Market: Overview

According to a new market report pertaining to the global kiosk market published by Transparency Market Research, the global kiosk (self-service/ interactive kiosk) market is projected to reach a value of ~US$ 2.4 Bn by 2027. The market is projected to expand at a CAGR of ~10% from 2019 to 2027. Growth of the market can be attributed to the increasing need to enhance customer experience, and the growth of organized retail sectors in developing countries. Over the forecast period, the kiosk (self-service/ interactive kiosk) market in Europe is anticipated to grow rapidly at a CAGR of ~11%. Moreover, in terms of share, the global kiosk (self-service/ interactive kiosk) market is dominated by North America, followed by Europe. In the kiosk (self-service/ interactive kiosk) market, the retail segment is projected to be valued at ~US$ 535 Mn in 2019, and is expected to reach ~US$ 1.1 Bn by 2027, expanding at a CAGR of ~10% during the forecast period.

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Growth of Organized Retail Sector in Developing Countries to Fuel Market

One of the most important factors fueling market is the growth of the retail sector in developing countries such as India and China, which are witnessing improvement in standards of living. Increasing disposable income of citizens has resulted in urbanization, particularly in India, Bangladesh, Indonesia, and Thailand, among others. These developing countries are prominent in the retail world, and global retailers are focusing on entering these kiosk (self-service/ interactive kiosk) markets. This factor is expected to result in the increased demand for kiosks in developing countries.

Kiosk (Self-service/ Interactive Kiosk) Market: Regional Outlook

In terms of region, the global kiosk (self-service/ interactive kiosk) market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the kiosk (self-service/ interactive kiosk) market during the forecast period. Europe and Asia Pacific are expected to see increasing growth in the kiosk (self-service/ interactive kiosk) market. The kiosk (self-service/ interactive kiosk) markets in North America and South America are also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the kiosk (self-service/ interactive kiosk) market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the kiosk (self-service/ interactive kiosk) market.

Electronic Records Management Solutions Market to Reach a Value of ~US$ 8.2 Bn by 2027: Transparency Market Research

Global Electronic Records Management Solutions Market: Overview

According to a new market report pertaining to the global electronic records management solutions market published by Transparency Market Research , the global electronic records management solutions market is projected to reach value of ~US$ 8.2 Bn by 2027. The electronic records management solutions market is projected to expand at a CAGR of ~10% from 2019 to 2027. Growth of the market can be attributed to the growing emphasis on retaining historical company records. Over the forecast period, Asia Pacific is anticipated to dominate the electronic records management solutions market at a CAGR of ~11%. In terms of revenue share, the electronic records management solutions market is dominated by North America, followed by Europe. In 2018, the healthcare segment was valued at ~US$ 531 Mn in the global electronic records management solutions market, and is expected to see an opportunity of ~US$ 695 Mn in terms of revenue from 2019 to 2027, reflecting a CAGR of ~10% during the forecast period. 

Growing Emphasis on Retaining Historical Records and Large Amount of Information Generated to Supplement Growth

Companies are concerned about managing, storing, and tracking electronic documents or records. Hence, they are now moving toward electronic records management solutions. This helps in centralizing unorganized documents and reduces the overhead costs of companies, which is creating an opportunity for the growth of the electronic records management solutions market.

The amount of information is increasing with the growing number of enterprises, which has led to steep demand for electronic records management solutions, as they provide coordination and control over the flow of documents in a protective and efficient manner. Additionally, it helps in data protection, records management, and recovery services. This is expected to create an opportunity for the electronic records management solutions market. 

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Electronic Records Management Solutions Market: Regional Outlook

In terms of region, the global electronic records management solutions market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to dominate the electronic records management solutions market during the forecast period, with Singapore and India being the major markets in the region. The electronic records management solutions markets in Asia Pacific, Europe, and South America are also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global electronic records management solutions market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the electronic records management solutions market.

Electronic Records Management Solutions Market: Competition Dynamics

The research study includes profiles of the leading companies operating in the global electronic records management solutions market. Key players profiled in the report include OpenText Corporation, Microsoft Corporation, Ideagen Plc, Oracle Corporation, Alfresco Software, Inc, and Hyland Software, Inc. 

Electronic Records Management Solutions Market: Segmentation

The global electronic records management solutions market has been segmented in terms of component, enterprise size, industry, and region.

Electronic Records Management Solutions Market by Component

• Software
  • On-premise
  • Cloud-based
• Services
  • Professional Services
  • Managed Services

Electronic Records Management Solutions Market by Enterprise Size

• Small Enterprises
• Medium Enterprises
• Large Enterprises

Electronic Records Management Solutions Market by Industry

• BFSI
• IT & Telecom
• Retail
• Government
• Healthcare
• Energy & Utilities
• Transportation & Logistics
• Others (Education, Construction, etc.)

Electronic Records Management Solutions Market by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America