Market OverviewThe Global Software Market is expected to grow at a high CAGR during the forecasting period (2020-2027).Software is a collection of data or computer instructions that tell the computer how to work.The majority of software today is written in high-level programming languages which are easier for programmers to use because they are closer to natural languages than machine languages.The market has matured in developed nations but has high growth opportunities in developing economies.For instance, Tiger has invested USD 300 million in India so far in various tech-based startups by July 2019.With rapid ization, especially in the software industry, Software development firms are facing issues like language barriers.As per WIRED, the three most popular application software programming services are enterprise resource planning (ERP) software, supply chain management (SCM) software, and customer relationship management (CRM) software services worldwide in 2019.Based on the form of a commercial transaction, the market is segmented into B2B and B2C.Based on the deployment type, the market is segmented into cloud-based and On-premises.The software market has a high potential for growth in rapidly developing countries of Asian countries like China, India, South Korea, Japan, and Indonesia.Some of the key market players are Microsoft, Oracle, SAP, Symantec, VMware, Adobe Systems, Infosys, Wipro, Google, and Amadeus IT Group.Vendors have started providing software development services in specific industries and niche markets to gain expertise in terms of industry-specific technological developments and problems that are being faced by these industries.
Market OverviewThe Global Smart Lighting Market is expected to grow at a CAGR of 27% during the forecasting period (2020-2027).Due to the need for energy-efficient products coupled with favorable government policies will grow the market for Smart Lighting in the forecast period.Smart Lighting is a technology primarily designed for energy efficiency.Most of these apps provide options which are called light recipes which are a host of different palettes that are suitable for a particular environment, say watching movies, or cooking, or reading.A general smart lighting network would generally use a mesh network.Recent developments have also shown smart bulbs can include complex technical components like motion sensors.The report covers all the major trends and drivers playing a key role in the growth of the Smart Lighting market.Download free sample: https://www.datamintelligence.com/download-sample/smart-lighting-market Market DynamicsThe Global Smart Lighting Market is primarily driven by the increasing need for energy efficiency, and therefore favorable government policies that are aimed at promoting their use.This aside, the rapid rate of urbanization has directly contributed to the increase in demand as the increase in construction activities implies a rise in the number of residential buildings, and commercial establishments favor the growth of the market.Another driver for this market is the shift in preferences of the consumers from traditional incandescent lamps to other energy-efficient alternatives like LED bulbs, fluorescent bulbs, etc.The market, however, is hindered by factors such as a lack of awareness among people, and a high initial setup cost.
Market OverviewThe Global Silk Market is expected to grow at a high CAGR during the forecasting period (2020-2027).Globally majority of the commercial silk produced is from mulberry and is referred to as mulberry silk.Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific, and the Rest of the World.The growing textile industry in developing economies, improving the spending power of people coupled with user-friendly properties of silk will aid the growth of silk consumption over other material types.The global silk market is partially consolidated with the presence of the major, medium, and small range companies, the majority of the companies are located in the Asia Pacific region especially in China, and India.Moreover, it is all-climate fabric, skin sensitive, durable, and healthy.Therefore the growing the textile industry in developing economies, improving the spending power of people coupled with user-friendly properties of silk will aid the growth of silk consumption over other material types.Higher dependency on China's raw material and high cost of silk over other material types will likely act as restraints to the global silk industry.The production of silk involves the killing of the worms in their cocoons to extract the silk fiber.Handspun mulberry silk is used in making comforters and sleeping bags.Carpet, furnishing, curtains, draperies, cushion covers, and sofa covers wall hanging.
Market OverviewThe Global Self-Cleaning Glass Market is expected to grow at a CAGR of 4.22% during the forecasting period (2020-2027).Millions of millions of dollars are spent on glass cleaning in the world every year.The range is environmentally friendly and very easy to maintain.It has products that combine both self-cleaning and solar control properties, making them highly desirable amongst home-owners looking for the ultimate in glass solutions.For instance, a recent survey of ENR’s top 400 contractors, as a group, revealed the firms generated USD 375 billion in contract revenue in 2017, compared to USD 366 billion in 2016—an increase of 2.1 %.Additionally, recent reports issued by Dodge Construction suggest that U.S. construction starts will increase by 3 %.Adding to this, the low effectiveness of self-cleaning glass in areas with low rainfall and less sun exposure is a major factor restraining the market.
Market OverviewThe Global Surgical Staplers Market is expected to grow at a CAGR of 8.22% during the forecasting period (2020-2027).A surgical stapler is a medical device, which is used during a surgical procedure.These devices are versatile and highly efficient and have advanced safety parameters to overcome postoperative complications that often occur due to staple line leaks.The surgical stapler is available for wound closure and thoracic and intraabdominal resections.The primary advantage of a surgical stapler is that it saves time and provides more conventional surgical techniques in closure when compared to traditional surgical techniques.Surgical staplers were developed to address complications during the healing period of traditional sutures.However, the introduction of surgical staplers provided many advantages such as speed, accuracy, and consistency in the closure of wounds.Orthopedic diseases such as arthritis and spinal deformity and neurological disorders like dementia and epilepsy have increased globally over the past few years.
Market OverviewGlobal Plant-Based Meat is expected to grow at a CAGR of 14.8% during the forecast period (2020-2027)Plant-based meat is a meat substitute derived from plant and other non-animal products to mimic natural meat in flavor, texture, and all other properties.The retail stores across the western countries are focusing on the sale of these products to cater to the demand from growing vegan and vegetarian population.Furthermore, stringent regulations laid by several state and federal governments towards raising and slaughtering of meat animals is boosting the growth of plant-based meat market.On-demand side, the growing outbreak of foodborne diseases particularly due to animal meat and milk products is motivating consumers towards healthy plant-based alternatives, thus boosting the growth of plant-based meat products.Competitive LandscapeSince the launch of the first plant-based burger by Beyond Meat in 2016, the market has been highly consolidated by U.S. based startups Beyond Meat and Impossible Foods Inc.The global plant-based meat market has turned highly competitive with a large number of global players focusing on expanding business operations in the high potential plant-based meat market.
Market OverviewThe Global Pacemakers Market is expected to grow at a CAGR of 3% during the forecasting period (2020-2027).Pacemakers are medical devices used to deliver electrical pulses to the heart, to maintain a normal heart rate.Download free sample: https://www.datamintelligence.com/download-sample/pacemakers-market Market DynamicsThe global pacemaker's market growth is driven by several factors such as the rising prevalence of heart diseases, favorable reimbursement scenario, growing geriatric population, and technological advancements in the devices.According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are one of the major causes of death globally.Out of the 17 million premature deaths (under the age of 70) due to non-communicable diseases in 2015, 82% are in low- and middle-income countries, and 37% are caused by CVDs.The leadless pacemaker was developed to avoid the complications associated with the leads and surgical pocket required when placing a traditional pacemaker.The dual-chamber pacemakers held significant market share in 2018, owing to some factors such as reduced post-surgical complications and the presence of two leads to assure normal physiology of the heart.Available in both single chamber and dual chamber models, the Azure XT MRI and Azure S MRI pacemakers offer improved longevity, estimated at 13.7 years (dual chamber) or 27 percent longer than its predecessor, so patients likely need fewer device replacements.
Market OverviewThe Global Cystic Fibrosis Market is expected to grow at a CAGR of 13.2% during the forecasting period (2020-2027).Cystic fibrosis (CF) is a life-limiting autosomal recessive genetic disorder, which causes severe damage to secretory glands of the body like lungs, pancreas, liver, and intestines.The disease is caused by the mutation of a gene that encodes a chloride-conducting transmembrane channel called the cystic fibrosis transmembrane conductance regulator (CFTR).It affects about 1 in 17,000 African-Americans and 1 in 100,000 Asian-Americans.The key players are operating in the market in collaboration with nonprofit organizations focus on the development of novel therapeutics for the treatment.Thus, favorable initiatives are driving the market.However, as CF is a rare disease, and due to the limited information available, extensive research is essential.Also, on June 21, 2019, the US FDA has approved SYMDEKO (tezacaftor/ivacaftor and ivacaftor) of Vertex pharmaceuticals to treat the Cystic fibrosis in children ages 6-11 years with specific mutations in the CFTR gene.
Market OverviewThe Global Automotive Carbon Fiber Market is expected to grow at a CAGR of 8% during the forecasting period (2020-2027).Though carbon fiber is stronger and stiffer than steel, it is lighter than steel; making it the ideal manufacturing material for the automotive industry.According to the US Department of Energy, carbon fiber composites could reduce passenger car weight by 50%, which would improve fuel efficiency by nearly 35% without compromising the performance of the car or the safety of its passengers.The global Automotive Carbon Fiber market has been segmented based on region, application, and material.For instance, India’s passenger vehicle industry suffered its worst sales performance in nearly 19 years in 2019; as a slowing economy, higher ownership costs, and floods in some states deterred buyers.Carbon fiber-reinforced plastics (CFRPs) are finding their way into new applications as industries demand materials with ever-higher strength-to-weight ratios, corrosion resistance, and workability.
The Global Real-Time Location System (RTLS) Market is expected to grow at a CAGR of 18% during the forecasting period (2020-2027).
However, the location information accessed by the RTLS system usually does not include speed, direction, or spatial orientation of any form.
Hardware is the major component used in setting up the RTLS, dominated this segment.
The Logistics and Manufacturing segments are exploitable avenues for prospective manufacturers as there is an increasing need to track shipments in transit, and products in various of the supply chain.
India, for example, is working on pushing manufacturing-friendly initiatives so that the contribution of the manufacturing sector to the Gross Domestic Product would reach 25% from the present 17%.
The APAC region has also been forecasted to have a healthy growth rate, due to the rapidly increasing demand for smartphones, and a focus on developing the manufacturing sector in each country.
Market OverviewThe Global Ready-to-drink Coffee market is expected to grow at a CAGR of 5 % to reach a market value of USD XX million by 2027.Due to the growing consciousness among people for healthy intakes is expected to fuel growth in the global Ready-to-drink (RTD) coffee market over the forecast period.Ready to drink (RTD) coffee is a packaged coffee beverage which is sold in a prepared form, and ready for consumption.Download free sample: https://www.datamintelligence.com/download-sample/ready-to-drink-coffee-market Market DynamicsThe global Ready-to-drink Coffee is primarily driven by the rising consciousness among the people for the consumption of healthy food and beverages, and it is growing as the substitute for the carbonated drinks as people are shifting towards healthy intakes.Coffee contains several useful nutrients, including riboflavin (vitamin B-2), niacin (vitamin B-3), magnesium, potassium, and various phenolic compounds, or antioxidants.Some of the results suggest that people who drink three cups per day might have a 50% lower risk.As PET bottles provide benefits such as easy handling while transportation and also, due to the cheaper packaging cost as compared to other segments.There is a positive attitude in Western Europe of investment in outdated shopping centers to allow retailers to expand locally.
Market OverviewThe Global Rapid Medical Diagnostics Market is expected to grow at a CAGR of 4.5% during the forecasting period (2020-2027).Rapid Medical Diagnostic tests are diagnostic assays designed for use at the point-of-care (POC) which can be adapted for use in low-resource settings.An RDT is low-cost, simple to operate and read, sensitive, specific, stable at high temperatures, and works in a short period.These tests are intended to provide diagnostic results conveniently and immediately to the patient while still at the health facility, screening site, or other health care provider.Download free sample: https://www.datamintelligence.com/download-sample/rapid-medical-diagnostics-market Market DynamicsThe Global Market for Rapid Medical Diagnostics is driven by the increasing prevalence of cardiovascular and gastrointestinal disorders, STDs and other lifestyle disorders such as diabetes, the rising trend towards on-site diagnosis in the US, improvements in technology and increasing awareness combined with low rates of diagnosis of diseases such as Hepatitis and TB along with improvement in healthcare availability in emerging markets.The rise of lifestyle disorders such as obesity has resulted in a significant increase in the number of cardiovascular and other disorders.Increasing awareness of such disorders in emerging markets is expected to drive the demand for rapid diagnostic kits.pylori are one of the most common bacterial infections in humans, affecting nearly 50% of the world’s population and it has been associated with the development of serious upper gastrointestinal (GI) conditions including chronic gastritis, peptic ulcer disease, gastric cancer, and mucosa-associated lymphoid tissue (MALT).Key players expect the region to be their growth driver with the Chinese market being the prime source of demand.
Market OverviewThe Global Pregnancy Testing Market is expected to grow at a high CAGR during the forecasting period (2020-2027).The demand of pregnancy test kit is increasing due to rising demand for easy and convenient ways to get faster results, and easy availability of pregnancy kits through various distribution channels, like pharmacy/drug stores and online stores.Download free sample: https://www.datamintelligence.com/download-sample/pregnancy-testing-market Market DynamicsGlobal pregnancy testing market growth is driven by the growing prevalence for gynecological issues and fertility disorders, growing demand for self-detecting pregnancy kits, increasing government support for the use of pregnancy tests, technological advancements in pregnancy test kits, increase in unintended pregnancy rate as well as adolescent pregnancy rate and increase in the number of launches of new products.The growing prevalence of fertility disorders is expected to boost the market throughout the forecast.Thus, the increased prevalence of fertility disorders is leading to the growing demand for pregnancy testing kits.An increase in unintended pregnancy rates is expected to drive the global pregnancy testing kits throughout the forecast.This is owing to the presence of an increased number of household HCG pregnancy test kits.Wondfo One Step HCG Urine pregnancy test strip is a rapid chromatographic immunoassay for the detection of hCG in the urine.Based on the distribution channel, the global pregnancy testing market is segmented into Gynecology/ Fertility Clinics, Online Sales, Pharmacies/Drugstores, Hypermarkets and Supermarkets, and Others.The online sales segment is expected to grow at a high rate throughout the forecast.
Market OverviewThe Global Power Tools Market is expected to grow at a CAGR of 5% during the forecasting period (2020-2027).Increasing construction investments coupled with growth in the automotive and aerospace sectors is expected to boost growth in the market.A power tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools.Pneumatic tools can also be driven by compressed carbon dioxide (CO2) stored in small cylinders allowing for portability.The report covers all the major trends and drivers playing a vital role in the growth of the Power Tools market.The global Power Tools market has been segmented based on region, tools, mode of operation, and application.Also, factors such as rising demand for fastening tools in industrial environments and the growing construction industry in emerging economies is expected to fuel growth in the global power tools market over the forecast period.For instance, The Brazilian government announced at the end of 2017 an investment of approximately US$36 billion to resume 7,000 construction projects.Moreover, increasing urbanization is further expected to boost market growth in the coming years.Similarly, the real estate sector in India is expected to contribute approximately 13% of the country’s GDP by 2025.Gross office absorption in top Indian cities has increased 26 percent year-on-year to 36.4 million square feet between January-September 2018.
Market OverviewThe Global Polycarbonates Market is expected to grow at a CAGR of 5.9% during the forecasting period (2020-2027).Polycarbonate (PC) is a transparent thermoplastic polymer containing carbonate groups in their chemical structures.PC is produced by a common method of polymerization between bisphenol A.During this process, toxic gases carbon monoxide and chlorine are emitted.Global polycarbonate resin production capacity was 5100 Kt in 2018 and it is expected to increase during the forecast period owing to growing demand from various ends use sectors such as electrical and electronics, automotive, and others.Download free sample: https://www.datamintelligence.com/download-sample/polycarbonates-market Market DynamicsIt is a recyclable polymer that is most commonly used in medical gadgets, and it can also be supported as a substitute to PVC due to its superior properties such as durability at low temperatures, high-heat resistance, cold formability, high transparency, and excellent flammability resistance.Thus, growth in medical device production boosts the global PC market growth.As a result, customers opt for other alternatives such as Acrylonitrile Butadiene Styrene this the major factor that is hindering global polycarbonate market growth.
It is used in the prevention and treatment of life-threatening diseases caused by trauma, immunologic disorders, and infections.An AAT deficiency causes a variety of conditions, including emphysema, neonatal hepatitis, jaundice, and chronic obstructive pulmonary disease (COPD).Alpha1-antitrypsin deficiency (AATD) is one of the most common genetic disorders associated with significant morbidity and mortality.The prevalence of diagnosed AATD increases with age.About 334 million people suffer from asthma, the most common chronic disease of childhood affecting 14% of all children globally.For instance, in June 2019, Grifols, launched the VISTASEAL™ fibrin sealant with Ethicon Inc. as part of a broad global relationship to provide plasma-protein-based solutions to manage surgical bleeding.
Market OverviewThe Global Phenolic Resin Market is expected to grow at a CAGR of 4.8% during the forecasting period (2020-2027).Phenol-formaldehyde resins (PF) or phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde.Used as the basis for Bakelite, PFs were the first commercial synthetic resins (plastics).Its properties, including sustainability, porosity, high heat and chemical resistance, flexibility, and sliding properties are anticipated to promote its demand in the automotive, aerospace, and construction sectors.Segmentation AnalysisBy type, the global Phenolic Resin Market is segmented into Resol Resin, Novolac Resin, and Others.North America and Europe also offer sizeable growth opportunities, owing to the recovery of the building & construction industry in both of the regions.The U.S. construction industry is rising at a rapid pace with annual expenditures of over (US)$1,231 billion.Similarly, in Canada, Residential and mixed-use projects are dominating the local construction industry.Kuwait’s residential market primarily includes properties built under the government housing program and administered by the Public Authority for Housing Welfare (PAHW).
Market OverviewThe Global Pesticides Integrated Pest Management Market is expected to grow at a CAGR of 5.0% during the forecasting period (2020-2027).Pests cost billions of dollars each year due to damage to human health as well as crops & livestock.Insects are responsible for many deadly diseases.There were more than 216 million cases of malaria in 2016.In Commercial applications, clear roadways of weeds and shrubs, to kill invasive plants, or to control algae growth in bodies of water.Despite all this, Pesticides have seen slower growth in recent years due to the emphasis on the less generous use of pesticides due to their toxicity.The presence of residue in fruits & vegetables is causing the rapid adoption of non-toxic alternatives.
Market OverviewThe Global Alkylbenzene Sulfonate Market is estimated to grow at a high CAGR > 5.0% during the forecast period (2020-2027).Alkylbenzene sulfonate (ABS) refers to a family of branched-chain organic chemical compounds that were used as detergents.They are regarded as "hard" detergents due to their resistance to biological degradation.These are a class of anionic surfactants, consisting of a hydrophilic sulfonate head-group and a hydrophobic alkylbenzene tail-group.They are one of the oldest and most widely used synthetic detergents and found in numerous personal-care products like soaps, shampoos, toothpaste, etc.The gradual growth of the food and beverage industry globally is also estimated to boost the demand for dishwashing liquids which leads to the growth of the market.Alkylbenzene in small proportions is employed in the manufacture of ink, agricultural herbicides, paint industry, wetting agents, electric cable oil, and so on.Unstable prices of raw materials are the key restraint hindering the growth of the market worldwide.
Market OverviewThe Global Periodontal Therapeutics Market is expected to grow at a high CAGR during the forecasting period (2019-2026).Periodontal disease, commonly known as gum disease, is where the periodontal tissues surrounding the teeth are in a pathological inflammatory condition.Periodontitis can lead to tooth loss and is a risk factor for heart and lung diseases.Download free sample: https://www.datamintelligence.com/download-sample/periodontal-therapeutics-market Market DynamicsThe global market for the periodontal therapeutics market is primarily driven by the increasing prevalence of periodontal diseases, rise in several diabetic patients, and geriatric population.According to the NIH, 17.20% of the geriatric population (65+ years) suffer from periodontal disease, and 10.58% of the same age group have moderate or severe periodontal disease.However, the lack of reimbursement policies and the risk of inducing antibiotic resistance may hinder market progress.Local Antibiotics market share is anticipated to show a significant market growth owing to the growing preference for controlled local drug delivery as it has a low dose requirement, is site-specific, and has reduced side effects.Geographical AnalysisNorth America accounts for the most significant market share in the global market and is mainly attributed to the growing patient pool with periodontal diseases, increasing the geriatric population and diabetic population in the region.