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Fish Oil Market Will Reach Height of USD 4.08 billion By 2024

The global fish oil market size is expected to value at USD 4.08 billion by 2022. The market is subject to witness a substantial growth due to the growing aquaculture activities across the globe. Increasing health consciousness among general population and growing awareness associated with health advantages of omega 3 fatty acid are considered as one of the prominent factors fostering the growth of fish oil industry over the forecast period.

Additionally, increasing need for hydrogenated vegetable oils and margarine coupled with varying food patterns among young population are expected to boost market demand for the market in the upcoming years. Globally, the fish oil market is predicted to grow at CAGR of 8.72% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

Furthermore, increasing demand form protective coatings and lubricants market is anticipated to drive market growth over the forecast period. Numerous health benefits associated with consumption of fish oil due to presence of omega-3 fatty acids is expected to drive market expansion in the upcoming years.

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Additionally, presence of icosapentaenoic acid and docosahexaenoic acid i.e. (DHA & EPA) that aids in limiting high blood pressure, cholesterol level, and reduces risk of coronary heart diseases such as strokes, thereby driving the growth of fish oil industry, in the recent years. Growing occurrence of heart related disorders based on changing food patterns and unhealthy diet among general population are anticipated boost demand of fish oil over the forecast period as well. Growing demand for fish oil for production of various cosmetic products and skin care products such as emollients and ointments is predicted to propel market growth in the near future.

Rise of the aquaculture sector coupled with technological advancement in farming sector, particularly in the developing economies such as China and India are expected to drive market expansion in the upcoming years. Additionally, factors such as favorable atmospheric conditions and abundant availability of farming land in the Asia Pacific region are driving market growth further. Growing demand for omega-3 supplements from functional food industry due to its numerous health benefits is estimated to fuel market demand for fish oil during the forecast period.

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However, high cost of the fish oil and lack of availability in the market prices, thereby creating a huge demand &supply gap are anticipated to limit market growth over the coming years to a certain extent. Although, rising research & development activities along with technological advancement in aquaculture farming is projected to stimulate market growth during next seven years.

Aquaculture is considered as one of the fastest growing segment in the fish oil market with substantial revenue generation in the last couple of years. Growing popularity of the aquaculture market segment is attributed to the increasing of breeding and regular stocking to improve overall output production. Salmon & trout market, which is sub-segment of aquaculture, has also witnessed significant growth owing to the robust farming base of salmon fish in European countries such as Norway and Chile.

The fish oil industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest techniques, increasing awareness of nutritional benefits of fish oil, and existence of well-established agriculture infrastructure. Asia-Pacific region is predicted to hold major market share in the fish oil market with massive growth in forecast period.

Countries such as China, India, Indonesia, Thailand, and Bangladesh are leading the Asia-Pacific market with rising health consciousness among general population, shifting trends awareness towards nutritional diet, growing aquaculture sector, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the fish oil industry are Croda Incorporations, COPEINCA ASA, EPAX AS, Omega Protein Co., GC Rieber Oils AS, Colpex International S.A.C., American Marine Ingredients LLC, Enzymotec Ltd., and Corpesca S.A.

Router and Switch Market Will Reach Height of USD 41.03 billion By 2024

The router and switch market is expected to gain USD 41.03 billion by 2022. Trends such as adoption to BYOD is encouraging companies to raise their allocation of budgets to enhance network security. The rise in need to enhance network security for effective management and offering support to multiple devices coupled with risk mitigation is expected to result in further market development during the forecast period.

Router and Switch Market is driven by factors such as rise in internet users and increase in bandwidth usage coupled with increase in use of Ethernet technology. Mobile phones have now become an important part of communication from the business point of view for speedy business operations. Rise in network communications and lowered operational costs with minimized time consumption are some of the factors responsible for the market growth in the forecast period.

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Based on service, the router and switch market is segmented into Ethernet service edge router, service provider core router, broadband aggregation (BRAS), Multi-service edge router, ATM Switch, Ethernet Aggregation, Ethernet Access, Internet Data Center, Ethernet Access and demarcation device. Multi-service edge router is anticipated to rise at a CAGR of 3.4% by 2022.

Geographical segmentation for router and switch industry includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market grew at a significant CAGR in the forecast period registering a quarterly rise in the sales. Asia-Pacific regions have outgrown in the global scenario owing to increase in network infrastructure. The key players in the router & switch market include Actelis Networks, ADTRAN, ADVA Optical, ECI Telecom, Ericsson, Force10 Networks, Cisco Systems, Hatteras Networks, Huawei Technologies, Juniper Networks, RAD Data Communications Networks, Seabridge Networks, Tellabs Inc, ZTE Corporation, Telco Systems, ANDA Networks, Ceterus Networks and Foundry Networks.

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Router and Switch Product Outlook (Revenue, USD Million, 2012 – 2022)
    • Internet Exchange Router
    • Service Provider Core Router
    • Multiservice Edge Router
    • Ethernet Service Edge Router
    • ATM Switch

Router and Switch Service Outlook (Revenue, USD Million, 2012 – 2022)
    • BRAS
    • Ethernet Aggregation
    • Ethernet Access
    • Internet Data Center
    • Others

Global Hairbrush Market is Booming Worldwide from 2020 to 2024

Global Hairbrush Market is estimated to grow at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. For styling, smoothing, detangling, and grooming hair, hairbrushes with soft or rigid bristles are extensively used. If used repeatedly, superiority hairbrushes trim down several scalp- or hair-related issues such as dandruff and hair loss since they support in stimulating blood movement to the scalp.

The factors that propel the growth of the hairbrush industry include rising populace & higher disposable income and increase in the number of salons. On the other hand, there are factors that may hamper the growth of the market including rising preference for advance integrated brushes, and considerable unorganized sector. The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Hairbrush market may be explored by type, bristles material, body type, applications, and geography. The market may be explored by type as paddle, cushion, wet & vented, and round brushes. The industry could be explored based on bristles material as synthetic, natural, or hybrid. The “Synthetic” segment led the hairbrush industry in 2016 and is anticipated to maintain its dominance by 2022 owing to declining price of will boost the segment.

Hairbrush market may be analyzed by body type as ceramic and plastic. The key applications that could be explored in the market include “Professional” and “Personal”. The “Personal” segment led the hairbrush industry in 2016 and is anticipated to maintain its dominance by 2022 due to daily usage of hairbrush, and rising acceptance of infrared hairbrushes and benefits of infrared hairbrush such as increasing blood circulation across scalp.

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Asia-Pacific accounted for the major share of the Hairbrush Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include major focus of the players on adult female population, and growing number of working female users along with high disposable income.

Some of the key players that fuel the growth of the hairbrush industry comprise AirMotion Pro, Babyliss, Braun, Denman, Conair, Crave Naturals, Kent, L’Oreal, Hershesons, Revlon, Scalpmaster, Mason Pearson, Vega, Spornette, Wet Brush, and Trevor Sorbie. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Transplantation Market Will Reach Height of USD 51.0 billion By 2024

The global Transplantation Market is estimated to touch US$ 51.0 billion by the completion of the prediction period. The market was appreciated by US$ 23.5 Billion in the year 2016. Increasing demand for original fleshy tissue transplantation merchandises and body part transplantation for the treatment of organ disaster is a most important aspect backing in the direction of development of the market. The Transplantation market expected to develop at a CAGR of 9.1% for the duration of the prediction.

Ingestion of alcohol, misuse of medication, absence of keeping fit, and unnatural nutritional lifestyles are more or less most important reasons of organ disaster. Therefore, demand for transplantation merchandises likely to increase in the nearby future. The Transplantation industry on the source of Type of End Use Transplant centers, Hospitals, and Others. The subdivision of Hospitals detained the major stake of the market in the year 2016. Big number of organ and tissue transplant processes directed at hospitals such as they are most important action centers. Furthermore, arrival of hospitals by way of technologically advanced substructure additionally anticipated to trigger the progress of the market. Mainstream of these hospitals have admission to distinct records to check for obtainability of organs helping in speedy medicinal involvement.

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The Transplantation market on the source of Type of Application could span Tissue transplantation, Organ transplantation. The subdivision of Tissue transplantation was the biggest income-earning subdivision of the general market in the year 2016. This was because of replacement of veins, tendons, bones, skin, nerves, heart valves and cornea. These were maximum regularly done processes all over the world.

The increasing amount of burn and misfortune circumstances estimated to boost the demand for tissue products. As stated by CDC, in the year 2013, nearby 28.1 million people go to disaster department owing to accidental wounds. The Transplantation industry on the source of Type of Product could span Preservation solutions, Tissue products, Immunosuppressive drugs. The most significant products utilized for the transplantation of organ or tissue are tissue products, resistant suppressants, and protection solutions. The subdivision of tissue products was the maximum income making subdivision in the year 2016. The growing sum of transplantation processes for instance that of orthopedic soft tissues, heart valves, Cochlear and bone marrow is accrediting to the progress of the subdivision.

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The Transplantation market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S., Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa [South Africa].

By the source of geography, North America led the Transplantation industry in the year 2016. It is estimated to continue with its supremacy during the course of prediction period. Strong amenities of healthcare and existence of numerous native big therapeutic and biotechnology equipment businesses, for example Stryker, Medtronic, Arthrex, Inc., Novartis AG, and Zimmer Biomet is assisting the development of the market.

The difference amid demand and source of organs, comprising heart, kidney, and liver for transplantation has augmented in the preceding period. On the other hand, administrations and NGOs of a number of republics are taking inventiveness to inspire public to contribute the organs and save lives. New-fangled strategies and instructions for organ contribution mark the contribution procedure additional clear as crystal and relaxed. In 2013, the Australian Government directed drive on nationwide improvement to upsurge organ contribution and transplant. This headed to an upsurge in the sum of organ contributions from the preceding time.

The market in the Asia Pacific is expected to develop by the maximum proportion for the duration of the prediction, due to the increasing investigation on stem cells to improve invitro soft tissue and organs along with increasing healthcare substructure in Asian nations for example Indonesia, Thailand, Philippines, and India.

The statement revises Trades in terms of intake of Transplantation in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Veloxis Pharmaceuticals, BioLifeSolutions, Inc., Stryker, Medtronic, Arthrex, Inc., Teva Pharmaceuticals, 21st Century Medicine, Novartis AG, Zimmer Biomet, and AbbVie, Inc.

Ethoxylates Market Will Reach Height of USD 10.87 Billion By 2024

The global Ethoxylates Market is estimated to grow exponentially by the completion of the prediction period. The market was appreciated by US$ 10.87 Billion in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. The usage of Ethoxylates for balms and ointments expected to motivate the demand for the product above the prediction period. Growing demand for the product for industrialized uses for example, dampening means and anti-foam expected to motivate the demand for the product above the prediction period.

The Ethoxylates market on the source of Type of End use could span Lubricants & Emulsifier, Insecticides, Ointments & Emulsions, Detergents, Foam Control & Dampening Means, Herbicides, Personal Care, and Others. The subdivision of Detergents presented in various formulas for example cakes, liquid and powder, for the usage in numerous application. It is responsible for sizeable demand for the products. Mainly the market for Detergents, motivated by the increasing populace together with the growing alertness of the customers about sanitation and cleanliness.

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The Ethoxylates market on the source of Type of Application could span Oilfield Chemicals, Pharmaceutical, Domestic& Personal Care, Agrochemicals, Institutional & Industrial Cleaning. Better-quality way of life, greater per head earnings and increasing alertness about cleanliness & individual upkeep has displayed a growing demand for the domestic & personal care merchandises. Growing demand for little foam merchandises by the customers is likely to motivate the demand for the product above the prediction period.

Growing industrial development in the world together with growth in the development of substructure, mainly in the area of Asia Pacific, is likely to push the demand for cleaning, greasing means that practice such products. Accordingly, the subdivision is likely to record a CAGR of 3.5% during the prediction period.

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The Ethoxylates industry on the source of Type of Product could span Glyceride Ethoxylates, Fatty Acid Ethoxylates, Alcohol Ethoxylates, Ethyl Ester Ethoxylates, Fatty Amine Ethoxylates and others. The increase in demand for Alcohol Ethoxylates such as an inoculant in the detergent manufacturing projected to take an optimistic influence on the development of the industry. The features for example exceptional preparation by means of extraordinary dampening and speedy disbanding together with decent capability of washing and small harmfulness for the water, estimated to expedite its usage in industrialized uses.

The Ethoxylates market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction spans North America [U.S.A, Canada and Mexico], Europe [France, Germany, U.K.], Asia Pacific [India, Japan, China, South Korea], Central & South America [Brazil, Argentina], Middle East & Africa [South Africa].

By the source of geography, the North American market is likely to observe continuous development above the prediction period owing to improved stress on the ingestion of individual upkeep products by the customers in the area. Greater per head earnings together with the readiness to expend on the individual upkeep products and domestic cleansers is expected to motivate the demand for Ethoxylates in the market.

Extremely promising guidelines through Federation of Drug Administration together with greater blending possessions of the product is likely to motivate the demand above the prediction period. The market observed a finely tuned demand for Alcohol Ethoxylates owing to higher physical appearance and FDA endorsements for skin contact merchandises.

The market in Asia Pacific categorized by growth in the demand for the product owing to speedy growth of the end user manufacturing in emerging markets comprising South Korea, China, India, and Japan. The area is responsible for 31.1% stake of the international market because of greater capacities of ingestion recognized in the markets comprising Australia, India, and China.

The statement revises Trades in terms of intake of Ethoxylates in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are The Dow Chemical Company, Solvay, India Glycols Ltd, Stephan Company, Royal Dutch Shell Plc, Ineos Group Ltd., Sasol Ltd, Clariant AG, Huntsman International LLC, and BASF SE.

Thermochromic Materials Market Will Reach Height of USD 7.31 billion By 2024

The global Thermochromic Materials Market is estimated to touch US$ 7.31 billion by the completion of the prediction period. The market was appreciated at US$ 4.77 billion in the year 2016. The rising demand for inventive merchandises by way of color exchanging capacities and Temperature centered, for serviceable applications or entertaining has backed considerably to the progress of the market in the modern ages.

The materials with temperature sensitive ability presently used in the form of polymers, coatings, inks and paper sheets to create everyday merchandises. It offers implicity of entrance, suitability and enjoyment to customers. Brown ribbon thermometer is some such exclusive illustration of printed liquid crystals that alternates color, headed for, efficiently specify extreme body temperature for the duration of surgical procedure. The market estimated to develop at a substantial CAGR for the duration of the prediction.

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The Thermochromic Materials market on the source of Type of Application could span Thermometers, Papers, Colors, Foodstuff class pointers, and others. The subdivision of Colors was responsible for 41.0% stake of the general Thermochromic business incomes in the year 2016. It was motivated by their greater adaptability and better-quality presentation features. These colors regularly utilized in inks and paints. These are functional onto substrates to manufacture end user merchandises. Progress of exceptional colors by way of superior shade and inferior prices likely to increase the market of subdivision of colors for the duration of the prediction.

The Thermochromic Materials market on the source of Type of Product could span Irreversible, Reversible. The Reversible type of materials were responsible for 37.2% stake of the general income in the year 2016. This changeover of the material on a scheduled temperature verge, that renders them perfect for sensual uses. These devices help in recognizing the threats of high temperature. Therefore, the demand for reversible materials in devices is greater in baby merchandises and chemical vessels. Irreversible inks alteration from an undetectable, neutral phase to a long-lasting color palette as soon as heated. This irreversible property employed to manufacture fabrics, flexographic displays, and additional merchandises. Greater demand for exceptional clothing, customizable by means of negligible exertion, estimated to motivate the demand for the irreversible colors and additional materials in the market of clothing.

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The Thermochromic Materials market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Central & South America [Brazil], Middle East & Africa.

By the source of geography, the demand for the materials, from the area of North America motivated by the growing demand for Thermochromic colors, in the U.S.A, for printing. The practice of these colorants in inks for screen-printing and flexographic offset lithography is likely to be important features for the progress of the market in the area.

Asia Pacific is likely to be the speedily developing region by means of income above the period of prediction. The growing usage of Thermochromic colors in the fabric manufacturing and the production of novelty merchandises, together with the greater demand for the materials in the automobile manufacturing in Japan, estimated to be the important phases for the progress of the market in the area.

The demand for Thermochromic foodstuff class pointers in the nations of Europe is likely to motivate the progress of the market for Thermochromic materials in the area. The demand for these pointers to define the excellence of iced up meat and dairy merchandises estimated to be the features backing the demand for foodstuff class pointers in the area.

The statement revises Trades in terms of intake of Thermochromic Materials in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are LCR Hallcrest, Olikrom, New Color Chemical Co., Hali Industrial Co. Ltd., and QCR Solutions.

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Aptamers Market Will Reach Height of USD 8.91 billion By 2024

Global Aptamers Market is anticipated to reach USD 8.91 billion by 2025. Aptamers implies peptide or oligonucleotides molecules that bind to target protein, nucleic acid, lipid molecules with a high specificity. Rapidly generated Aptamers are applied for specific detection, characterization, and inhibition of proteins. They have several characteristics and could be used as pharmaceutical leads, detection reagents, small molecules, efficient proteomic stages with antibodies, and the other aptamers.

The factors that propel the growth of the aptamers industry include strong trend of R&D savings in pharmaceutical and biotechnology industries, technological advancements, patent expiration of systematic development of ligands by exponential improvement technology (SELEX), and the low price and high productivity of aptamers in binding to large molecules as related to antibodies. On the other hand, there are factors that may hamper the growth of the market including low awareness of technology, and low-income countries. Aptamers Market is anticipated to grow at a significant CAGR of 28.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Aptamers industry may be explored by type, technology, application, end user, and geography. The market may be explored by type as XNA-Based Aptamers, and DNA-Based Aptamers, RNA-Based Aptamers. The “DNA-based Aptamers” segment led the market in 2016 and is anticipated to maintain its dominance by 2025; even though XNA-based aptamers will increase at the highest CAGR between 2015 and 2025 owing to increase in demand for nucleic acid-based diagnostic therapeutics and kits across the globe.

The key applications that could be explored in the aptamers market include Research and Development, Therapeutics Development, Diagnostics, and Other Applications. The “Diagnostics” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to introduction of novel diagnostic kits by major companies.

The aptamers industry could be explored based on end user as Contract Research Organizations, Biotechnology and Pharmaceutical Companies, Academic and Government Research Institutes, and Other End Users. The “Academic And Government Research Institutes” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 followed by Biotechnology and Pharmaceutical Companies segment. The industry may be analyzed by technology as SELEX, and Other Technologies. The “Other Technologies” segment led the market in 2015 and is anticipated to maintain its dominance by 2025.

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North America accounted for the major share of the aptamers market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing number of companies coupled with increasing R&D activities in this area, and continuous technological advancements in technologies, growing number of research laboratories and promising government initiatives.

Some of the key players that fuel the growth of the aptamers industry comprise Aptamer Group, Somalogic Inc., Aptamer Sciences Inc., Aptagen LLC, Noxxon Pharma, Base Pair Biotechnologies Inc., Vivonics Inc, etc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

4K TV (Television) Market Will Reach Height of USD 380.9 billion By 2024

Global 4K TV (Television) Market is anticipated to reach USD 380.9 billion by 2025. The ultra-definition televisions are a mixture of 4K resolution, wide color gamut (WCG), high frame rate, and high dynamic range. 4K television is a major alteration in the television manufacturing. The competition among numerous 4K television sellers has increased over the past few years.

The factors that propel the growth of the 4K TV industry include development in graphic technology in television and rising demand for high end electronics. On the other hand, there are factors that may hamper the growth of the market including high cost related with the 4K television. 4K TV Market is anticipated to grow at a significant CAGR of 21.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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4K TV (Television) industry may be explored by screen size, technology, screen type, end user, distribution channel, and geography. The market may be explored by screen size as 52 – 65 inches, Below 52 inches, and Above 65 inches. The “52 – 65 inches” segment led the 4K TV market in 2016 and is anticipated to maintain its dominance by 2025 owing to fast introduction of advanced technologies such as Super Ultra High Definition (SUHD) and Quantum dot LEDs (QLEDs).

The 4K TV industry could be explored based on technology as Light Emitting Diode (LED), and Organic Light Emitting Diode (OLED). The market could be explored based on screen type as Curved Screen, and Flat Screen. The market could be explored based on end user as Public, and Household. The industry may be analyzed by distribution channel as Offline Store, and Online Store.

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Asia-Pacific accounted for the major share of the 4K TV market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes huge acceptance along with declining prices of 4K televisions. Asia-Pacific region is followed by the North America and it is expected to grow over the forecast period due to increasing adoption.

Some of the key players that fuel the growth of the 4K TV industry comprise Samsung, LG Electronics, Sony Corp., Hisense, and Sharp Corp. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

4K TV Screen Sizes Outlook (Revenue, USD Billion,Volume, Million Units; 2014 – 2025)
    • Below 52 inches
    • 52 – 65 inches
    • Above 65 inches

Workforce Management Market Is Burgeoning Worldwide By 2024

The global Workforce Management Market is expected to gain a positive traction in the forecast period. Workforce planning is the logical process to gauge and resolve the vacuum between workforce and human labor needs. It is thus a foundation to derive strategic decisions pertaining to human resources. Hence, a workforce management software supplements all the activities pertaining to human resource, organizational objectives and interrelated interaction. Workforce management solution enables an organization to detect and rectify the problems that further ensure optimum use of existing resources.

Workforce management market is driven by factors such as increase in modernization of work culture arising out of adoption of global trends and rise in use of digitization for designing work schedule. Increase in integration and interaction in daily operations is triggering technological and social advancements as well in companies across the globe. In addition, the shift in HR operations for administration and workforce planning is likely to contribute to the market growth in the forecast period. However, technical loopholes coupled with low awareness and dearth of technical competency negatively affects the workforce management industry.

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Based on solution, the workforce management market includes workforce scheduling, embedded analytics, time & attendance management, task management, and assigned jobs. By deployment, the market includes on-premise and cloud. Cloud technology accounts for a higher growth during the forecast period due to increase in preference by companies.

The company size segmentation for workforce management industry includes small & medium enterprise and large enterprise. Large enterprise dominate the market segment due to substantial demand for workforce management and task alignment. Application segment for workforce management market includes BFSI, government, healthcare, automotive & manufacturing and retail. Healthcare segment is expected to dominate the market in the forecast period due to enormous structure of healthcare infrastructure around the world. Patient pooling coupled with management of internal affairs is likely to foster the healthcare infrastructure with the influx of workforce management software.

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Geographical segmentation for workforce management industry include North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the market growth in the forecast period due to technological advances and increase in technological deployment projects on a large scale. Asia-Pacific’s market is expected to gain a significant rise during the forecast period due to increase in technological advances and availability of large population. Middle Eastern and African markets are expected to gain a positive traction in the forecast period.

The key players in the workforce management industry include Ceridian HCM Holding Inc, Oracle Corporation, Active Ops Limited, Eg Solutions Inc, JDA Software Group Inc, Kronos Inc, Replicon Inc, SISQUAL, and Reflexis System Inc.

Electric Motor Market Will Reach Height of USD 155.3 billion By 2024

Global Electric Motor Sales Market is anticipated to reach USD 155.3 billion by 2025. Electric motors are extensively used in compressors, industrial fans, pumps, machine tools, domestic appliances, automated robots, lathe machines, HVAC applications, power tools, disk drives, and electric cars.

The factors that propel the growth of the Electric Motor Sales industry include growing demand for automobile production and power utilities along with the increase in residential and commercial infrastructure development, particularly in the emerging countries. On the other hand, there are factors that may hamper the growth of the market including high capital investments, and low adoption rate. Electric Motor Sales Market is anticipated to grow at a significant CAGR of 4.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market may be explored by type, application, voltage, output power, and geography. Electric Motor Sales industry may be explored by type as AC Motors, and DC Motors. The “AC Motors” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to widespread use across application parts such as robotics and irrigation pumps.

The key applications that could be explored in the Electric Motor Market include Motor Vehicles, Industrial Machinery, HVAC Equipment, Aerospace & Transportation, Household Appliances, Others. The “Motor Vehicles” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to surge in electric vehicle manufacturing across the world.

The Electric Motor Sales industry could be explored based on Voltage as < 1 kV (Low), 1 kV–6.6 kV (Medium), and > 6.6 kV (High). The “< 1 kV (Low)” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to rapid growth in the power sector. The market may be analyzed by output power as < 1 hp (Fractional horsepower), and > 1 hp (Integral horsepower).

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Asia-Pacific accounted for the major share of the Electric Motor Sales Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes constant surge in the manufacture of motor driven systems, such as HVAC equipment, household appliances, and industrial, in foremost nations, such as India, Singapore, China, Indonesia, and South Korea.

Some of the key players that fuel the growth of the Electric Motor Sales industry comprise Siemens AG, ABB Ltd., General Electric Company, Denso Corporation, Nidec Corporation, Allied Motion Technologies, Inc., Bosch Group, Ametek, Inc., Emerson Electric Co., Johnson Electric Holdings Limited, Hitachi, Ltd., Regal Beloit Corporation, WEG, Rockwell Automation, ARC Systems, Inc., Toshiba International Corporation, and Baldor Electric Co. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.