Summary – A new market study, “GPS Tracker Market Future Growth, Development, Revenue, Top Key Players Analysis” has been featured on WiseGuyReports.
ALSO READ : https://www.articletrunk.com/gps-tracker-market-future-growth-development-revenue-top-key-players-analysis/
Drivers and Restraints
The adoption of a GPS tracking system is observed mainly for safety purposes in transportation, fleet management, patrols, and asset tracking, among others, affects the growth of the global GPS tracker market. The effect of GPS tracker software has enhanced connectivity with precision navigation and tracking, smartphones, and simpler operations. Also, the deployment of GPS trackers to reduce labour costs, enhance customer service, control field staff activities and eradicate employee theft is expected to fuel market growth over the forecast period. The proliferation of cloud technology providing scalable and versatile storage and mobile connectivity along with IoT ‘s prominence is expected to create new possibilities in the forecast-period to tackle traditional challenges. The GPS tracker market is bound to be constrained by the lack of global standards to create GPS tracking devices.
ALSO READ : https://telegra.ph/GPS-Tracker-Market-Size-Share-Demand-Growth-Trends-and-Outlook-01-12
Eco-friendly Jet Towels
Jet Towels are changing washroom management in a sustainable manner.
Regional Analysis
The global GPS tracker market has been geographically analyzed in four major regions, namely Europe, North America, the Asia Pacific, and the rest of the world (including the Middle East and Africa and Latin America).
Increasing demand for efficient fleet management by many US suppliers of transportation and logistics services is driving the growth of the North American region’s industry. The increasing usage by law enforcement agencies of GPS monitoring devices is also promoting market growth in the North American Region. Besides, the rising demand for GPS trackers for building assets and logistics drive the growth of GPS trackers in Mexico. The North American region generating revenue worth USD 343.17 billion in 2017 and is poised to rise at a CAGR of 12.75% during the forecast period.
Furthermore, the growing adoption of GPS trackers in the mining industry is boosting the market growth in Mexico. The Asia Pacific market is projected to produce USD 650.04 million in revenue by 2023 when growing in the study period at a CAGR of 16.42 per cent. As well, the growing demand for wearable GPS tracking devices for pets and human tracking is a positive factor for the region’s market progress. However, China’s high adoption of GPS trackers for tracking cargo trailers, personal vehicles and construction assets is projected to stimulate market expansion in the forecast period favourably.
The European region is projected to progress at a 15.02% CAGR in the review period and is poised to generate revenue worth USD 1.1 billion by 2023.
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OverviewThe Global Intracranial Pressure Monitor Market is expected to exhibit a strong 7.1% CAGR over the forecast period from 2018 to 2024, according to the latest research report from Market Research Future (MRFR).
The global intracranial pressure monitoring market is mainly driven by the growing demand for noninvasive tools in the field of ICP monitoring and the increasing awareness about the importance of intracranial pressure monitoring in containing and managing neural and skeletal damage.Competitive Analysis:Leading players in the global intracranial pressure monitoring market include DePuy Synthes, Terumo Corporation, Spiegelberg GmbH & Co. KG, RAUMEDIC Inc., Boston Neurosciences, Medtronic plc, Integra LifeSciences Corporation, Sophysa SA, and Natus Medical Inc.In August 2019, Integra completed the acquisition of Arkis Biosciences, a leading player in the neurosurgery devices market.Regional Analysis:Americas held a dominant 41.4% share in the global intracranial pressure monitoring market in 2017 and are likely to hold on to the lead in the global intracranial pressure monitoring market over the forecast period due to the increasing demand for effective intracranial pressure monitoring devices in North America.
Widespread awareness about the importance of intracranial pressure monitoring in North America, particularly the U.S. and Canada, is likely to remain a major driver for the intracranial pressure monitoring market in the Americas over the forecast period.
Intracranial pressure monitoring is mainly used in the management of brain trauma and skeletal hemorrhage.
The rising prevalence of both these target conditions in North America is likely to remain a major driver for the intracranial pressure monitoring market in the region over the forecast period.Europe is also likely to hold a significant share in the global intracranial pressure monitoring market over the forecast period due to the increasing awareness about the process and the relevance of the monitoring in medical diagnosis and trauma management.
Intensive efforts at trauma control and management in European countries are likely to be a major driver for the intracranial pressure monitoring market in the region over the forecast period.
Microspheres Market Overview:Microspheres are extensively used in the healthcare sector owing to their qualities such as chemical resistance, enhanced processing, heat resistance, thermal stability, and others.
Market Research Future (MRFR) has published a report stating that the global microspheres market is marked to project noteworthy expansion at a CAGR of 11.9% during the forecast period of 2016-2022.
Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2268Market Drivers and Restraints:Increased research for the development of advanced medical devices that ensure effective drug delivery is fueling the growth of the global microspheres market as these microparticles are extensively utilized in such devices.
Based on type, the global microspheres market has been segmented into bioadhesive microspheres, magnetic microspheres, floating microspheres, radioactive microspheres, and polymeric microspheres.
Competitive Analysis The market for microspheres is characterized by the presence of several well-established and small players, the global market for microspheres appears to be highly competitive and fragmented.
Major players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing.
Market ForecastMicrobrewery Equipment Market size is expected to cross USD 4 Billion by 2025 at a CAGR of 9% during the forecast period of 2019 to 2025.
Commercial microbrewery equipment is used in small breweries that produce beer in limited volumes.
micro brewing equipment company are focusing on research and development with a focus on reducing energy consumption, efficient utilization of ingredients, and reducing solid waste.
For instance, GEA Group Aktiengesellschaft introduced advanced fermentation equipment that reduces fermentation time without compromising on product quality.Access Report Details @ https://www.marketresearchfuture.com/reports/microbrewery-equipment-market-8575In the current market scenario, microbreweries are demanding after-sales services to increase the lifespan of their microbrewery equipment kit.
Continuous production of beer in microbreweries deteriorates the physical quality of the equipment as it is in continuous contact with different ingredients, hot water, and alcohol.
Hence, market players offering after-sale services to their customers are expected to witness high sales and growth opportunities in the coming years.Market USPIntroduction of environmentally sustainable microbrewery equipment marketGrowth Opportunities in the MarketMashing equipment segment to register the highest growth rate during the forecast period: The growth of the segment can be attributed to the importance of the mashing process during brewing where hot water is mixed with the ingredients to hydrate the grain and activate malt enzymes to convert starch into fermentable sugars.
Global Overhead Cranes Market is expected to cross USD 3,957.0 Million by 2025 growing at a CAGR of 5%.SegmentationBy Product: The two segments are the single girder and double girder overhead cranes in the global overhead cranes market.
Single girder cranes find utility in industries which need the cranes to perform a specific task and not be retrofitted for additional tasks.
They find utility in factories, warehouses, and transportation.Get Sample Copy of This Report @ https://www.marketresearchfuture.com/sample_request/8265By End-User: Virtually all heavy industries, metal processing, chemicals, and utilities find use for overhead cranes.
The automotive industry is expanding rapidly with China expected to increase its automotive output tenfold between 2005 and 2030.
The paper manufacturing and print media industry has relied on overhead cranes for well over a century.
With global mining outputs reaching record levels, and the demand for them (especially rare earth metals) increasing, it is imperative for this industry to use overhead cranes due to the high loads that must be shifted to facilitate metal extraction.
Market Highlights4K TV is basically ultra HD with a resolution of 3,840 x 2,160 pixels which is four times of full HD television.
The extra resolution of 4K technology images gives better definition and clarity of pictures.
Features such as increased pixel density, high resolutions and better picture quality are boosting the growth of the 4K television market.Factors such as increasing disposable income, changing lifestyle and increasing demand for consumer electronics are driving the growth of the market.
Whereas, high cost and initial investments are hampering the growth of the 4K television market.The global 4K TV Market is expected to reach approximately USD 50 billion by the end of 2023 with 24% CAGR during forecast period 2018-2023.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2916Market Research Future AnalysisThe global 4K television market is expected to grow significantly over the forecast period, 2018-2023.
Household segment of 4K television market globally drives the market majorly due to increasing demand for more than 55 inches television in the Asian countries.
The market is expected to have higher growth rate as compared to the previous years.Asia-Pacific region accounted for the largest market share because of technological advancements, increasing e-commerce, manufacturing hub, emerging nations and increasing consumer demand for ultra HD televisions.
The Global Rigid Packaging Market is expected to grow from about USD 187 Billion in 2015 to cross USD 275 Billion by the end of 2022, growing at a CAGR of 6% from 2016 to 2022.
Over 45% of the packaging market is dominated by plastic packaging and it is expected to show similar results by the end of the forecasted period.
Both the medicines and the cosmetics are directly or in directly applied or consumed by the human body, which makes it even more important for the product to deliver the right results.
Thus, these industries are highly packaging driven.Key PlayersThe key players of global Rigid Packaging market report include- Amcor Limited, Bemis Company Inc., Berry Plastics Corporation, 3M Company, Ball Corporation, Ardagh Group, Tray Pack Corporation, Nampak Ltd., DS Smith Plc., and Sealed Air Corporation.Scope of the reportThis study provides an overview of the global rigid packaging industry, tracking three market segments across four geographic regions.
The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World.
However the current challenge for the market is the high demand for eco-friendly packaging along with increasing competition from emerging nations..On the basis of material, plastic leads the market in all the major regions across the globe.
