Pharmatech: December 2015

Wednesday 30 December 2015

Content Delivery Network hitting The Market Mailny in North America and Asia Pacific

Content Delivery Network (CDN) Market

Content delivery network includes network of distributed servers that provides web pages and web content to users based on their geographic locations. The content delivery network provides speedy delivery of websites which bear high traffic. At its core, the content delivery network performs two crucial functions. First, CDN caches the content at the edge of the network in order to reduce the traffic traversing the network. Second, provides multiprotocol and multiservice streaming capabilities thereby allowing operator to adapt content from any IP device close to user consuming it. In general, typical functionality of CDN includes request redirection and content delivery services, content outsourcing and distribution services, content negotiation service and management service.

The two major things that have marked the evolution of internet are mobile technology and social media. For example, since its inception in 2004, Facebook today contain much more than 1,000 million subscribers. With very low investment, any business can reach large market irrespective of its location. According to Internet World Statics, the number of internet users for June 2012 were estimated to be 0.24 billion. Additionally, growing IP video traffic is expected to boost the CDN market. Today, video consumption over mobile devices and internet is growing at unparalleled rate. As network operators become aware of advantages of CDN, numerous cable operators and telcos in Europe and North America have launched CDN initiatives. Additionally, as network operators increasingly partner with content owners in order to deliver high quality contents and services, the CDN market is expect to grow. However, as more and more new players are entering in the CDN market, intensive competition has led to huge pricing pressure on players.

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Though content delivery networks provide many benefits, there is an opportunity for continuous improvements with respect to mobile content delivery, storage, quality and scalability of dynamic content. With increasing adoption of cloud computing, CDN operators are expected to experience unbelievable growth with respect to storage delivery systems. Additionally, as Smartphone users have increased across the world, mobile network operators are increasingly distributing information to broad range of users. Additionally, as more business becomes aware of the opportunities offered by online media, the market for CDN is expected to grow. Emergence of new technologies coupled with growing interest of consumers, the content delivery network market is expected to grow in the coming future.

Numerous industry verticals that use CDN include advertising industry, media and entertainment, gaming, government, educational and healthcare, online music retailers, consumer electronics, mobile operators, and internet service providers among others. Geographically, North America remains the largest market for CDN. However, Asia Pacific shows bright growth prospective for the same. The key players of CDN market that offer solutions to improve content delivery service and speedup non-video and video content include Akamai Technologies, AT&T Inc, CDNetworks, Ericsson, Highwinds Network Group Inc, Limelight Networks and Level 3 Communications among others.

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Global Cloud-Based ERP Software Market Benefits from Wide-scale Integration across Mid- and Small-sized Companies

Cloud-based ERP Software Market

Enterprise resource planning or ERP is a type of business process management software that allows organizations to use integrated application systems to streamline their businesses. The software also enables them to automate back office functions, human resources, and services, thereby minimizing the chances of potential errors during the overall process. The latest technology of ERP software enables the consolidation of the processes included in any given business operation such as planning sales, product development, marketing, and manufacturing. Thus, ERP solutions ensure smooth and pertinent functioning of a business and its operations. In its latest report, Transparency Market Research, a leading business intelligence firm, indicates positive growth prospects for the global cloud-based ERP software market in the coming years.

Deploying and Managing On-premise ERP Solutions

On-premise ERP solutions are witnessing widespread applications since the last few years. These solutions generally boast niche applications, and are installed in the server as well as hardware system of a company. The in-house IT staff has the responsibility of managing the software. However, there are a few companies who outsource ERP management to third-party vendors. Either ways, once cloud-based ERP is deployed, the company can enjoy the perks of having a centralized system connected to the internet by an ERP vendor giving access to customers via a web browser. The cloud-based ERP software solutions, therefore, help organizations to reduce cost spend on getting the required IT resources. Furthermore, the technology does all these without compromising on flexibility and scalability of the system

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Cloud-based ERP allows Workforce to Access Critical Information Anytime, from Anywhere

The corporate sector as a unified segment is exhibiting a strong demand for cloud-based ERP solutions. Deploying ERP enables the workforce to access critical information and make relevant business decision anytime, from anywhere. Furthermore, organizations that deploy cloud-based ERP solutions can also capitalize on the intrinsic attributes of the system that reduces the IT operational cost and enables them to maintain data transparency on a real-time basis. In the last couple of years mid-size companies have appeared at the forefront of adopting the latest technology.

Latest Developments and Innovation to Further Boost Demand from Global Cloud-based ERP Software Market

With an aim to make cloud-based ERP software solutions more user-friendly, leading ERP vendors are integrating technologies to help make ERP solutions accessible via smartphones and tablets. While initial deployment of the technology may involve some investment, it shouldn’t be deemed as unaffordable by small or medium-sized companies. Rather, the technology is developed as a feasible option for small corporations with limited resources to carry on their business more efficiently. Despite such benefits, cloud-based ERP solutions are taking time to make an impact worldwide due to their limited availability and functionality in some regions. The technology also has limitations pertaining to customization, restricting it only to a few types of businesses using standardized process. Further risks associated with potential security breaches in the systems also inhibit the growth of the cloud-based ERP software market.

Global Cloud-based ERP Software Market Witnesses Increasing Competition

The global market for cloud-based ERP software faces increasing competition as players are focusing on offering more customized ERP solutions to suit customers’ needs. Some of the leading players in the market include SAP SE, Oracle Corporation, Acumatica, Microsoft Corporation, and Daffodil Software Ltd.

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Micro/Nano Technology Rising Globally, thus Influencing the Market of Wearable Electronics

Wearable Electronics Market

With rising miniaturization in technology and revolutionary developments in the field of wireless communication, electronics are finding increasingly new applications in the form of wearables for purposes such as monitoring, relaying, and communicating of real time data. Ongoing research in the field of wearable electronics has resulted in the development of a number of prototype devices in the fields of consumer electronics, textiles, footwear, and fashion accessories. As the array of such products continues to increase and lure today’s generation enticed by the notion of everything available as an internet-enabled, connected point-of-contact, smart connectivity device – the global smart wearable electronics market will also rise.

The market for wearable electronics, a market featuring electronic devices that can be worn as clothes, accessories, footwear, or any other possible way – is appealing today’s consumers with interesting new products that are widening the boundaries of the digital world. While wearable electronics may be ubiquitous as of yet, the future of the market does look promising. With devices such as Google Glass and digital smart-wristwatches launched by technology giants such as Apple and Samsung, to active music instrument clothing, running shoes with sensors that can wirelessly communicate with the user’s smartphone or music player as the user runs, the market already boasts abundant examples of how interesting and appealing wearable electronics can become.

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Wearable Electronics in Clothing and Medical Applications

Clothing and medical applications are undeniably two of the most promising platforms for the future of embedded communication and intelligence. The reach of smart clothing is envisaged to be far more extensive and far-reaching than just fulfilling the fashion demands. Analysts estimate that smart clothes will be able to entertain us, connect us with others, and will be integrated with health monitors that will directly integrate a user’s data with the larger medical ecosystem. The world of active and interactive clothing will capitalize on the rapid advances seen in the areas of material sciences and cloud connectivity. The ability of weaving electronic sensors, which has already been demonstrated by developers, is another development that will change clothing from passive to active, smart systems.

In the medical field, fitness/health monitoring electronics is one of the most sought-after fields of application of wearable electronics. Applications like blood-sugar monitoring devices, blood pressure watches, or shoes with inbuilt pedometers that can eliminate the need for carrying a separate device, are getting to the point where, with the help of wireless connectivity, one can get online access to health records and even health related alerts according to the data gathered.

Global Wearable Electronics Market: Dynamics

The rising demand for such, and many other types of products, is the key driving force of the global wearable electronics market. As the world becomes more and more digitized and the concept of Internet-of-Things becomes a reality, the demand for wearable electronic gadgets with advanced features and increased level of interactivity will rise.

With increasing consumer interest in the field, many new companies, along with many technological giants are experimenting with their products in the market. Some of the key businesses operating in this highly attractive and progressive field of electronics include Apple Inc., Google Inc., Adidas AG, Infineon Technologies AG, AT & T Inc., Epson Corporation, Imprint Energy Inc., Glassup SRL, weartech S.L., Nike Inc., and Shimmer Research Inc.

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North America leads the Market of Billboard and Outdoor Advertising due to Growing Digitization

Billboard and Outdoor Advertising Market

A billboard is a large outdoor advertising structure generally found in high-traffic areas such as alongside busy roads or highways. It presents huge advertisements to passing drivers and pedestrians. Billboards are highly visible in the top designated market areas showing large distinctive visuals with ostensibly witty slogans. These advertisements are designed to catch a person’s attention very quickly and create a memorable impression in the reader’s mind. These advertisements usually consist of few words, in large print, and an arresting or humorous image in a brilliant color so that they can be read easily by the people driving at a high speed on highways.

Billboard and outdoor advertising market is segmented on the basis of its types, applications and geography. Based on its type, the market is segmented into painted billboards, digital; billboards, mobile billboards, multi-purpose billboards and other types of billboards. In painted billboards, the image is projected on the series of paper panels. Digital billboards are created from computer programs and software. They are designed to display moving text, different displays from the same company. The continuously running text ensures wide exposure and maximum impact to target audiences. Mobile billboards can be placed wherever there is heavy foot traffic due to an event such as railway stations, airports, sport arenas and convention centers among others. Multi-purpose billboards can integrate its advertising purpose with its public lighting and telecommunications antenna support. Other types of billboards include the billboard bicycle attached to the back of a mobile billboard or bicycle or a special advertising trailer to lift huge banners. Mechanical billboards and 3-D billboards are also included in the category with some extra nice features. Based on its applications, the market is segmented into highways, railway stations, big name advertising and tobacco advertising. They are also used for non-commercial purpose which includes the government agencies and non-profit organizations to communicate with the public. Geographically, North America is expected to lead the market due to growing digitization in the existing technologies during the forecast period. Asia Pacific is expected to have a steady growth in the market during the forecast period due to rising infrastructure development and advertisement trends.

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The major factors driving the global billboard and outdoor advertising market include rising urbanization, digital outdoor advertising and global economic development. In addition, additional factors such as low-cost advertising medium, improved audience measurement and commuting trends, are further bolstering the global market. However, the market growth is limited by various regulatory norms and standards enforced by governments worldwide. Furthermore, digital displays are not a suitable choice for most outdoor billboards advertisings and thus it hinders market growth. In addition, stringent government restriction on LCD advertising screens pertaining to limiting light/color intensity to ensure drivers safety or reduce annoyance for residential homes at night is restricting market growth.

The major opportunity for the market lies in large area display technologies which can be an effective substitute for the existing screen printed electroluminescent (EL) displays. Some of the major players in the global billboard and outdoor advertising market include Capitol Outdoor, LLC, Outdoor Advertising Association of America, Inc., Formetco Incorporated, Daktronics Dr., and Watchfire Signs., among others.

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Tuesday 29 December 2015

Global Software Defined Data Center Market: Demand for Software Defined Networking to Propel Market

Software Defined Data Center

A new market research report by Transparency Market Research, titled “Software Defined Data Center Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, offers a comprehensive study of the global software defined data center market and estimates the growth and size of the market during the period between 2015 and 2022. The report studies the market structure as well as the industry growth drivers, restraints, and current trends in the market. The report further analyzes the growth of the software defined data center market across key regions and profiles some of the key market players.

Growing demand for IT-related services across organizations has led to the growth of the global IT industry. IT-related services are being used by organizations to effectively manage their entire client and vendor network. Increasing usage of IT services by organizations has made it difficult to manage traditional datacenters in the long run. Hence, the focus is on reducing overhead costs and deliver and manage IT services with less infrastructure. A software defined data center is a type of virtual IT infrastructure that delivers all elements of a traditional infrastructure such as server, network, and storage according to an organization’s requirements. The ease and flexibility offered by software defined data centers at reduced cost and lower operation time have boosted the global software defined data center market.

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Software defined data centers address issues associated with scalability, flexibility, and management of multiple infrastructures. Introduction of cloud-based services has allowed organizations to offer better services to their end users. Most organizations are opting for private or hybrid cloud solutions to reduce their overhead costs. However, cloud-based systems involve integration of multiple client systems under one cloud-based system. Software defined data centers isolate individual client systems by offering separate virtual networks and storage solutions. This minimizes the risk of breaching of data security.

On the basis of component, the report categorizes the global software defined data center market into software defined storage, software defined networking, and software defined computing. During the forecast horizon, the demand for software defined networking is expected to increase significantly owing to organizations expanding their network worldwide. Software defined networking would help organizations control their networks through a single system.

The report studies the global software defined data center market across five key regions: Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The market has grown significantly across North America and Europe. However, during the forecast horizon, Asia Pacific is expected to witness rapid growth in the market owing to the thriving IT sector in the region.

Describing the competitive landscape, the report profiles some of the key players in the global software defined data center market such as Cisco Systems Inc., IBM Corporation, Oracle Corporation, VMware Inc., EMC Corporation, Hitachi Data Systems, Dell Inc., Hewlett-Packard Development Company L.P, and Intel Corporation.

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Global Directed Energy Weapons Market to Receive Substantial Boost due to Low Operational Costs

Directed Energy Weapons Market

The directed energy weapons market is primarily driven by the increasing requirements for high precision weapons during riot control, political disputes and various urban warfare applications globally. The directed energy weapons are demanded by various governments focusing on modernizing their military forces to assimilate them with changing urban warfare tactics. Moreover, directed energy weapons offer less expensive alternatives to ballistic and cruise missile threats as compared to their expensive and conventional counterparts. These factors boost the industry to focus on the development of these weapons.

In terms of technology, the high energy lasers (HEL) segment held the highest revenue share in 2014. HEL is followed by high power microwaves (HPM) segment, which is also a observing significant growth globally. In terms of deployment, the naval based DEW systems are analyzed to witness fastest growth globally, registering a CAGR of 22% from 2014 to 2020. Furthermore, the non-lethal directed energy weapons are expected to grow at a CAGR of 22.4% over the forecast period from 2014 to 2020.

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Geographically, North America is estimated to be leading the global directed energy weapons market with more than 50% market revenue share in 2013 and is expected to continue its dominance throughout the forecast period. The factors responsible for the dominance of the North America are escalating demand for riot control weapons and rising demands from land, air and naval based advanced weapons systems. The U.S. held the largest market for directed energy weapons in the world and is expected to continue its leading position throughout the forecast period. Asia Pacific is estimated to be the fastest growing region in the directed energy weapons market growing with a CAGR of 25.8% from 2014 to 2020. The report includes the market revenues of 16 major countries in the global directed energy weapons market.

The report provides company market share analysis of the leading industry participants. Key industry players have been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis and recent developments in the field of directed energy weapons. Major market participants profiled in this report include the BAE Systems Plc, Lockheed Martin, L-3 Integrated Optical Systems, Raytheon Missile Systems, The Boeing Corporation, Moog Inc., and Rafael Advanced Systems among others.

The directed energy weapons market has been segmented as follows:

Global Directed Energy Weapons Market, 2014 - 2020: By Technology

High Energy Lasers

High Power Microwaves

Particle Beams

Global Directed Energy Weapons Market, 2014 - 2020: By Deployment

Airborne

Land Based

Naval

Global Directed Energy Weapons Market, 2014 - 2020: By Weapon Type

Lethal

Non-Lethal

Global Directed Energy Weapons Market, 2014 - 2020: By Geography

North America

U.S.

Canada

Mexico

Europe

Italy

France

Germany

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Rest of APAC

Rest of the World

Middle East and Africa (MEA)

Saudi Arabia

UAE

Israel

South Africa

Rest of MEA

South America

Brazil

Rest of South America

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Global Commercial Aircraft Market will Continue to Grow Despite Supply Chain Challenges

Commercial Aircraft Market

Transparency Market Research, in its latest research report states, the global commercial aircraft market will grow significantly in the coming years. The commercial aircraft market was valued at $189.21 billion in 2012, and is expected to reach a figure of 265.71 billion by 2019, at a 5.0% from 2013 - 2019. The report "Commercial Aircraft Market (Engine, Parts, and Equipment) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" is available for sale on the company's website.

The global commercial aircraft market is driven by increasing demand for aircrafts as airlines are expanding business networks. As low-cost airlines are turning out to be a great hit amongst regular fliers, airlines are seeking carriers to keep their customers connected at all times. However, the need to fly more number of passengers within budget constraints has led to reducing demand of single aisle commercial aircrafts. The report on global commercial airline market studies the parameters in which commercial aircraft market is fragmented. It essential is segmented as jet engine type, components, and aircraft type.

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The commercial aircraft market in terms of jet engines is further divided into aircrafts that use turboprop and turbofan engines. The growth of the jet engines market within the commercial aircraft sector has gained additional momentum due to its fuel-efficient models. However, this has caused a drop in demand for engines from current commercial aircraft fleet.

The commercial aircraft body is made up of airframe, landing gear, systems, interior and avionics. Of these components, airframe and landing gear is expected to grow at a soaring pace in the commercial aircraft market. The demand for commercial aircraft landing gears is led by high maintenance, repair, overhaul, and replacement of landing gears as they are the most exposed part of the commercial aircraft that bear maximum weathering. This is also the reason why demand for airframe in commercial aircraft is likely to go up.

Demand for commercial aircraft components is influenced by the type of aircraft too. As the size of the commercial aircraft grows bigger, more number of components, materials, and systems are required. The key segments in the global commercial aircraft market are narrow body or single-aisle aircrafts and large widebody aircrafts. These are the growing commercial aircraft markets in terms of engines, parts, and equipment due to their ability to carry more traffic and fly several routes.

Some of the key players profiled in this commercial aircraft report are Fokker Technologies, E Aviation, Embraer S.A., Rolls-Royce Holding Plc., Bombardier Inc., and BAE Systems. The report also mentions their financial overview, their strategies, and their action plans for the near future.

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Monday 28 December 2015

North America and Europe Shows a Major Turn Around for Smart Thermostats as its Market Grows Too Hastily

Smart Thermostats Market

Increasing energy prices and the need to optimize power which will cut short energy bills is expected to drive the global smart thermostats market during the forecast period. However, smart thermostat demand is increasing only in developed regions with high disposable income such as North America and Europe.

A component of a control system which maintained the temperature of a system by sensing the temperature of the system is known as a thermostat. A smart thermostat is an automation device responsible for controlling a home’s air conditioning and heating. The user can control the temperature of their home throughout the day by using thermostats. It allows users to set a schedule for controlling temperature. Smart thermostats are connected to the internet; this allows users to adjust their home’s temperature setting using other devices which are connected to the internet such as i-pads and smart phones. This also allows the user to save energy by easily switching the air conditioning or heating device from different locations. In order to minimize power consumption, the thermostats should be programmed correctly.

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The global smart thermostats market can be segmented based upon the type into learning thermostats, zoned systems and learning zoned systems. Some smart thermostats are capable of sensing then the house will be occupied and when it will be empty. This benefits the user as the house is preheated and pre cooled before the user arrives home. Zoned systems are used to control the temperature in particular zone such as rooms. This decreases the energy consumption as the heating or cooling is provided to the limited area or rooms. Learning zoned systems are the hybrid of learning thermostats and zoned systems. These are the most advanced smart thermostats. North America and Europe are the major players in the smart thermostats market.

Technology is a crucial tool in the smart thermostats market. Advancement in technology owing to research and development has provided different types of smart thermostats. Even some thermostats can sense a person depending upon range. If a person is in the range of thermostats sensing device, it will start cooling or heating system or else the system will remain off. Different ranges can be set on a device depending upon the user’s requirements. Some thermostats are even equipped with voice control system.

Energy saving is the major factor driving the growth of the global smart thermostats market. The technology helps in reduction of energy bills as well as save energy. In Europe and North America, smart business owners are increasingly adopting the smart thermostats for heating, ventilation, and air conditioning (HVAC) systems to manage their power consumption. Advancement in technology has provided the customers with different types of smart thermostats depending upon their needs. Increasing energy demand coupled with the rising energy prices is forcing the customers to use smart thermostat systems in their houses. Low disposable income is hampering the growth of the market in the developing countries.

Some of the key players in the global smart thermostats market are Allure Energy Inc., Honeywell International Inc., Radio Thermostat Company of America, Schneider Electric, Ecobee, Blue Line Innovations Inc., Nest Labs, Sigma Designs, Inc., Energate Inc., Ingersoll-Rand plc, CPS Energy and Venstar Inc. among others.

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Heavy-duty Wear Protection Systems Market- The Next Big Thing

Heavy-duty Wear Protection Systems Market

Mechanical wear is an ultimate issue in almost every segment of industry. Wherever bulk production takes place, and goods are processed and transported, the abrasion they cause step by step harms the platform or equipment. Regularly this wear just gets to be detectable when the equipment, machinery or platform stop working at peak periods because of problems caused by wear. Also, the platform that has been damaged often represents to only a little extent of the monetary harm. The downtime caused by the dis-functioning of a solitary equipment causes monstrous expenses, and after that there is the cost of paying for repair and upkeep. Business specialists allocate a cost element to wear-and-tear that makes one percent of the built up countries' GDP. In any case, there are methods for finding enduring answers for the issue of wear. Lines, channels, storehouses, dugouts and all other plant parts that are inclined to scraped area can be lined with very viable materials that greatly expand their actual operating life.

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There are incalculable distinctive parameters that must be considered while discovering the right arrangement in plants, including the kind of material being transported, its total expense, the temperature, the parts included, the power that is connected and the client's business objectives. So it is unrealistic to just choose from a list the right mix of items for that specific application. A considerable number variables must be broke down to think of the ideal arrangement. Companies such as Kalenborn (France) are the worldwide specialists in upgrading plant parts for the most ideal transportation and capacity of mass materials. Various product manufacturing companies utilize Kalenborn items to guarantee their plant operations run easily, whether by securing against wear or enhancing material stream.

The global market for heavy-duty wear protection systems can be bifurcated on the basis of material including rubber, steel and plastic and on the basis of end user. Industries such as transportation & automotive, oil & gas, iron & steel, mining, power plant, paper & pulp manufacturing, construction, agriculture & farming among others are the major customers of heavy-duty wear protection systems and materials.

Growth of manufacturing sector is considered as the major gateway that will boost the growth of heavy duty wear protection system market. In order to serve the increasing demand from market, various manufacturing companies are focused on increasing their production volume. In order to ensure timely production without any hindrance, they are opting for exclusive wear protection systems.

The market for heavy duty wear protection systems is expected to become increasingly competitive during the coming years and the focus of key players is expected to be on business expansion and research and development along with partnerships. The key original equipment manufacturers (OEMs) include Blair Rubber Company, Polycrop Ltd, The Biltrite Corporation, The Trelleborg Group, Contitech AG, The Weir Group PLC, Rubber-Cal Inc., REMA TIP TOP AG, RAPTOR, newGen Group Pty Ltd, germanBelt Gmbh, Kingfisher Industrial, Kalenborn International Gmbh & Co., TuffStudds LLC, Losugen Australia, TH Scholten Gmbh, TEGA Industries Ltd, Fuller Abrasion & Corrosion Protection among others.

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Need for Greener Vehicles Drives Global Alternative Fuel Vehicles Market

Alternative Fuel Vehicles Market

Alternative fuel vehicles are automobiles that can run on conventional fuels such as petrol and diesel as well as on other types of energy sources. Alternative fuel vehicles are equipped with engines that can be powered by energy options such as solar, electric, and hybrid. In times when the world is fighting the pressure of catastrophic global warming, these vehicles are surely far cleaner and safer for the environment.

Over the past few decades, automobile technology has evolved by leaps and bounds, bringing about a radical change in car design, powertrain technology, and, more importantly, fuel efficiency. Statistics suggest about 275 million automobiles in the United States are responsible for 31% of the carbon dioxide output in the region. This mammoth and unfortunate contribution to global warming needs an immediate solution, which has forced car makers to think differently.

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Private Fleets and Government Vehicles Emerge as Biggest Users of Alternative Fuel Vehicles

Alternative fuels are popularly being used in sectors such as agriculture, chemical, transportation, and industrial. Alternative fuel vehicles are segmented on the basis of fuel into propane, biodiesel, hydrogen, biomass, electricity, non-fossil natural gas, non-fossil methane, and ethane. The end users in the global alternative fuel vehicle market are private fleets, government vehicles, domestic users’ vehicles, and industrial transportation. The biggest shareholders in the global alternative fuel vehicles market are private fleets and government vehicles.

The global alternative fuel vehicles market has been segmented on the basis of geography into North America, Asia Pacific, the Middle East, Europe, and Latin America. According to expert research analysts, North America is a lucrative market for alternative fuel vehicles due to the support from the U.S. government and the urgency felt in the region to control its emissions. In addition, as North America tries to curb the outrageous dependency and expenditure on import of fuels, it is likely to spur the growth of the alternative fuel vehicles market. Governments in countries such as Italy and China are offering great incentives to buyers of alternative fuel vehicles, thus boosting this market. Italy holds a significant share in the alternative fuel vehicles market. The conversion of private and government vehicles into alternative fuel vehicles is contributing to the expansion of market to a great extent.

Jaguar, Toyota, and Hyundai to Revolutionize Global Alternative Fuel Vehicle Market

With the growing worry of global warming, depleting fuel reserves, and increasing carbon emissions, several vehicle manufacturers are developing alternative fuel vehicles. Some the key players changing the mindsets of vehicles users with their greener models are Jaguar Land Rover Limited, Ford Motor Company, Hyundai Motor Company, Toyota Motor Corporation, Nissan Motor Co., Ltd., Shell International B.V., Honda Motor Co., Ltd., BYD Company Limited, Honda Motor Co., Ltd., Daimler AG, and Mitsubishi Motors.

For instance, Jaguar has been working on developing internal combustion engines that can work with electric motors along with designing vehicles, which will be able to recover some of the energy that otherwise goes to waste during driving. The Range Rover Sport Hybrid, the world’s first hybrid luxury SUV, is one such vehicle that demonstrates Jaguar’s efforts so far. This hybrid SUV produces CO2 emissions as low as 169g/km and delivers a mileage of 44 miles per gallon, making it 26% more fuel-efficient than the regular diesel model. Asian manufacturers such as Hyundai and Toyota are also among the pioneer companies creating a revolution in the market.

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Wednesday 23 December 2015

Proliferation of Technology to Make Mobile Commerce More Available

Mobile Commerce Market

M-commerce, or mobile commerce, refers to the purchase and/or sale of goods and services via mobile platforms such as smartphones and tablets. The increasing adoption of mobile commerce across the globe, especially in the West, has turned out to be immensely helpful towards strengthening the market. Developed countries such as those in North America have been significantly proactive in making m-commerce a vital part of day-to-day commercial transactions.

Mobile commerce is the next stage in the natural evolution of e-commerce technology. Along with the advantages offered by e-commerce over conventional methods of holding financial transactions such as eliminating the need to physically visit a location to make a payment, m-commerce adds a whole new raft of dynamic aspects to e-commerce, which makes it the best tool to reach out to and communicate with customers. The technological development of the mobile commerce market is still nascent, which leaves massive scope for its expansion.

The expansion of the global mobile commerce market is expected to be aided by the huge growth trajectory of the consumer electronics markets all over the world. The growing spread of increasingly technologically potent devices in developing regions such as Asia Pacific, the Middle East, and Latin America will open up new avenues for the expansion of the global mobile commerce market.

Special Analysed Information Regarding Mobile Commerce Market: http://tinyurl.com/jc8vvkc

The need for the ability to make spontaneous decisions about financial matters is the fundamental driving factor for the mobile commerce market. This is aided by the proliferation of electronic devices that can access the Internet, which puts more power into the hands of the common man. Consumer electronics constitute one of the fastest growing markets in the world, with developing economies in various regions massively benefitting their respective national consumer electronics markets by making the average consumer more financially capable.Recognizing the potential of this method to increase contact with consumers, most if not all major enterprises in the world have established a strong presence on the Internet.

The consistently rising ability of more people to access more information more easily is the main driver of the global mobile commerce market.

The relative lack of mobile literacy in developing countries is at present a restraining factor for the mobile commerce market. However, increasing sales of smartphones in the near future is expected to gradually banish this restraint.

North America and Europe are the leading segments within the mobile commerce market, thanks to the established network of virtual commerce chains, such as links between vendors and banks. The advanced technological landscape of these regions also lends itself to large-scale incorporation of mobile commerce, since it is easier to access mobile commerce avenues on more advanced devices.

Asia Pacific is expected to take a leading role in the growth of the global mobile commerce market owing to rapid development and increasing spending power in consumers from economies such as China, India, and South Korea.

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