Industrial Emission Control Systems Market-A High Global Demand For Power And Mounting Industrialization

Transparency Market Research has released a new market report titled “Industrial Emission Control Systems Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 – 2023”. According to this report, the global industrial emission control systems market was valued at US$11.7 bn in 2014 and is projected to reach US$ 22.09 bn by 2023 at a CAGR of 7.3% from 2015 to 2023.

Industrial emission control systems consist of different devices and technologies used for the collection, elimination, and conversion of harmful pollutants through thermal or catalytic combustion, chemical reaction, oxidization, absorption, and adsorption, etc. Industrial emission control systems are selected depending upon the type of pollutant and the emission source. Typical industrial emission sources are large-scale power plants, chemical process industry, and manufacturing industry. These industries emit pollutants, such as particulates, aerosols, vapors, and gases, which are harmful to human health and the environment. These pollutants can be eliminated using various industrial emission control systems and devices. More than one industrial emission control system can be used in a series for obtaining desired emission reduction.

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Rising emissions of NOx, sulfur dioxide, and particulate emissions, etc. have alarmed different government organizations and people across the globe. Stringent regulations and emission standards have been implemented by government and environmental regulatory bodies to reduce emissions. In order to meet the emission standards, various industries across the globe have installed industrial emission control systems. The market for industrial emission control systems has been rapidly expanding due to growing industrialization, increase in global trade, and high global power demand.

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Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market: Insights into the Competitive Scenario of the Market

Transparency Market Research, in one of its recent reports, described a fragmented competitive landscape for the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market. In 2013, only 21.9% of the market value was held by its leaders: Frigo Glass, Hoshizaki International, Manitowoc Company, Inc., and United Technologies Corporation. According to TMR, the intensity of competitiveness in the market is expected to remain high and increase steadily over the coming years. The market is also expected to be defined by a large number of consolidation efforts, including mergers and acquisitions.

The global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market is expected to progress at a highly optimistic CAGR of 11.2% within a forecast period from 2014 to 2020. The market was evaluated at US$12.47 bn in 2016 and is expected to reach US$19.69 bn by the end of 2020.

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Walk-in Coolers to Maintain Dominant Share in Market

Walk-in coolers are anticipated to be the key product segment in the chilled rooms market. By the end of 2020, walk-in coolers are expected to gain a valuation of US$11.33 bn, a forecast attributed to the immense demand for them through the need for food conservation. By 2020, plug-in refrigerated display cases are forecast to reach US$13.88 bn, allowing this segment to maintain its lead. Plug-in RDCs are consume low volumes of energy, easier to use, and are cheap to maintain when compared to remote RDCs, consequently gaining higher value for money among end users from emerging economies.

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Extensive Need for Automation to Make Global Service Robotics Market Expand at Stellar CAGR of 18.8%

The vendor landscape of the global service robotics market features a largely consolidated nature, says Transparency Market Research on the basis of a recently published report. Such a consolidated mainly exists due to the presence of a handful of players the market. Four leading companies, namely AB Electrolux, Samsung Techwin Co. Ltd., iRobot Corporation, and Panasonic Corporation collectively accounted maximum shares. However, the number of players increasing entering the global service robotics market is increasing by the day, which is expected to intensify the competition in the next few years.

With an increasing demand for industrial-grade products occurring in almost every sector, a high requirement for automation in the form of robotics to mass produce commodities is being felt all over the globe. This has made manufacturers developing robotic services that deliver functional transformation and commercial excellence. In this way, a key strategy adopted by most players working in the global service robotics market involves achieving extensive product and service differentiation to stay ahead in the competition.

ccording to experts from Transparency Market Research, the global service robotics market had gained revenue worth US$5.57 bn in 2014, which is further expected to grow up to US$22.50  bn by the end of 2021. This growth is projected to occur at a stellar CAGR of 18.8% during the forecast period from 2015 to 2021.

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Mammoth Investments by Players Promises Market to Witness Spectacular Expansions

A rapidly increasing demand for fast production capacities in industrial environments is primarily driving the global service robotics market. Such a high demand mainly exists in automotive assemblies, telecom networks, food and beverage processing, aircrafts and other large transportation forms, heat treating machines, bench presses and other heavy machines, devices used for steering and ship stabilization, and various other systems. Moreover, several companies are pouring large sums of money to facilitate research and developmental processes regarding robotics in industrial automation. This too has been responsible for propelling growth in the global service robotics market.

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Non-Destructive Testing Equipment Market is expected to reach USD 4.78 Billion in 2021

According to a new market report published by Transparency Market Research “Non-Destructive Testing Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021,” global non-destructive testing equipment market was valued at USD 3.21 Billion in 2014; growing at a CAGR of 5.8% from 2015 to 2021 to account for USD 4.78 Billion in 2021.

Non-destructive testing are exercised for determining the physical properties of materials such as ductility, ultimate tensile strength and fracture toughness. The non-destructive testing is used to ensure product reliability and integrity to control manufacturing processes. In addition, stringent government safety regulations for quality control, ensure safety and reliable performance of the machines, and increasing demand to improve quality and longevity of the machines are the major factors that are driving the non-destructive testing equipment market globally. However, lack of skilled technicians is posing a challenge to the growth of non-destructive testing equipment market.

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The global non-destructive testing equipment market is segmented on the basis of technology, into ultrasonic testing, radiography testing, electromagnetic testing, visual testing and others (including magnetic particle testing and liquid penetrant testing). Ultrasonic testing led the global non-destructive testing equipment market in the year 2014. Key growth factors driving the ultrasonic testing market are its wide usage in steel and aluminum, construction, manufacturing, aerospace and defense and automotive sectors.

By end use industry market is divided into following segments: power generation industry, oil & gas industry, aerospace and defense industry, automotive industry and others (including plastic and polymer, and medical). As of 2014, power generation sector was the largest contributor in the global non-destructive testing equipment market. The main factors driving this growth of the power generation industry are increasing number of nuclear power plants and the subsequent increasing demand for machines used in power generation plants.

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Global Green Data Center Market Flourishing on Ecofriendly Bandwagon

Small and medium enterprises have mushroomed across developed and emerging economies in the past couple of decades and they all are concentrating on crunching data in order to run their processes smoothly as well as detect opportunities for efficiency enhancements. Consequently, the demand for data centers has multiplied exponentially in the recent past but with that, the concerns regarding humongous amount of energy required by them and the need for proper disposing of the equipment have incremented. If understood as a country, data centers would be the fifth largest consumer of energy in the world!

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Global Green Data Center Market worth US$221.4 billion by 2022

As a result, the concept of green data centers is being harnessed. These green data centers are essentially a repository of data storage and management that utilize systems of computers and lighting that offer maximum energy efficiency as well as cause nominal environmental impact. 

According to an up to date business intelligence report by Transparency Market Research (TMR), the global green data center market will be worth US$221.4 billion by the end of 2022, with the demand expanding at an exuberant CAGR of 30.8% during the forecast period of 2014 to 2024.

The analyst of the TMR report has highlighted a fairly consolidated competitive landscape with the shares mostly confined within a few major players such as Oracle, Cisco systems, Dell, Hewlett-Packard, IBM, APC Corp, EMC Corp, Fujitsu Corp., and Huawei Technologies, Ericsson, and International Business Machines Corporation (IBM). These companies are major players in the data center market as a whole and have recognized governmental emphasis on ecofriendly measures, and hence harnessing the possibilities of this niche segment. These vendors are offering a number of efficiency solutions to their end users and are constantly improving their product portfolio as well as expanding geographically to hold onto their position of strength.

The cornerstone in the growing field of cloud computing is virtualization, wherein specific servers can run several virtual machines (VMs) within a single hardware, which means lesser usage of resources and energy. With green data centers, CPU utilizations can be incremented anywhere from 40% to 60%.

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Global Data Center Security Market -Benefits from Increased Funds Diverted Towards Digitization in Emerging Economies; to Exhibit 12.6% CAGR

The highly competitive vendor landscape of the global market for data center security features a large number of core IT solutions providers and several large enterprises dealing in the sector of digital technologies. So as to carve a more profitable growth trajectory in the market, companies have been putting increased emphasis on monetizing opportunities in new application areas and emerging markets, observes Transparency Market Research in a recent report. Companies are also observed to be more actively involved in R&D activities and strategic collaborations with the aim of tapping new application areas and expanding their product portfolios.

According to the report, the global data center security market will register a CAGR of 12.60% over the period between 2014 and 2022, rising to a revenue opportunity of US$ 11.77 bn by 2022.

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Software Segment Continues to Be Most Lucrative

Of the key components of a typical data center security solution, the software segment presently accounts for a dominant share in the market, accounting for a lion’s share in the overall valuation of the market at the beginning of forecast period of the report. The trend continues to remain strong and data center security software products continue to account for a significant share of the market to this date. The segment is likely to lead in terms of revenue valuation as well as market share, over the forecast period as well.

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Europe and Israel Mobile Applications for Melanoma Detection Market: Amplified Emphasis on Early Screening Enriches Demand

The Europe and Israel mobile applications for melanoma detection market has been envisioned in a publication released by Transparency Market Research (TMR) to entertain a highly competitive scenario. This could be on account of the presence of a substantial number of mobile applications holding a small share in the market. Of all the prominent ones, mobile applications such as Mole Doctor, Melanoma Watch, Spot Mole, Dr. Mole, and Dermatology Planet have been anticipated to set up a widespread presence in the coming years.

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Rise in Mortality Rate and Melanoma Incidence Puts Heavy Influence on Early Diagnosis

Europe and Israel mobile applications for melanoma detection market has been foreseen to witness a strong demand in the coming years due to the increase in mortality rate and occurrence of the skin cancer. This has led to a healthy emphasis on the early screening of patients, which could raise the importance of implementing melanoma detection mobile applications. A prompt diagnosis of the skin cancer could be extremely helpful for patients. The substantial improvement in the adoption of mHealth has been forecasted to bode well for the growth of the market. The swelling smartphone penetration in the healthcare field could be another factor polishing the need for mobile applications for melanoma detection in Europe and Israel.

The impressive variety of melanoma detection mobile applications could attract a larger group of consumers in the Europe and Israel market. Patients could be equipped with interactive teaching applications, mole tracking and reminder applications, educational applications, and algorithm analysis applications. While some mobile applications offer diagnosis based on image processing, others could connect patients directly to physicians or doctors. In the recent time, the inclination toward mobile applications for melanoma detection that are capable of sending images of moles to a board of licensed dermatologists has experienced a telling hike. After receiving the images and examining the condition, the dermatologists could issue appropriate diagnosis.

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