Wednesday, March 29, 2017

Global Ediscovery Market To Expand At A Significant CAGR Of Over 13% Between 2016 And 2023

According to a new market report published by Credence Research, Inc. “EDiscovery Market By Type (Software, Service), By Software (On-premise, Cloud-based), By Service (Consulting, Implementation & Integration, Outsourcing, Support), By End-User (Government Agency, Enterprise (Large Enterprise, Mid- and Small-sized Enterprise), Law Firm) - Growth, Share, Opportunities & Competitive Analysis, 2016 -2023”, the global eDiscovery market is expected to witness a steady growth, expanding at a CAGR of over 13% from 2016 to 2023.
Browse the EDiscovery Market By Type (Software, Service), By Software (On-premise, Cloud-based), By Service (Consulting, Implementation & Integration, Outsourcing, Support), By End-User (Government Agency, Enterprise (Large Enterprise, Mid- and Small-sized Enterprise), Law Firm) - Growth, Share, Opportunities & Competitive Analysis, 2016 -2023 report at http://www.credenceresearch.com/report/e-discovery-market
Market Insights
Growing volume of digital data across enterprises and government agencies and introduction of government initiatives and support to implement EDiscovery process in large-, small- and mid-sized enterprises is driving growth of the EDiscovery market worldwide. However, high cost associated with deployment of EDiscovery process is hindering growth of the market, especially in developing regions such as Africa and Latin America.
Competitive Insights:
The global EDiscovery market is consolidated in nature, with top players constituting more than 40% market share of the overall market revenue. Currently, HP Autonomy, IBM Corporation, FTI Consulting and Guidance Software Inc. are the leading players in the global EDiscovery market. These players follow the strategy of acquiring small vendors to enter regional market and enhance market footprint.
Also, major players are focusing on introducing cloud-based EDiscovery solutions to meet increasing customer demand. The prominent players operating in the global EDiscovery market are HP Autonomy, IBM Corporation, Daegis Inc., EMC Corporation, Epiq System Inc., Symantec Corporation, Guidance Software, Inc., FTI Consulting, Inc., Catalyst Repository Systems, Inc. and Integreon Managed Solution Inc.
Browse the EDiscovery Market report at http://www.credenceresearch.com/report/e-discovery-market
Key Trends:
  • Growing adoption of cloud-based EDiscovery solution across end-user organizations
  • Prominent players are focused towards acquiring small vendors
  • Introduction of mobile based EDiscovery solutions and services
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Ph: 1-800-361-8290


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Gamification Market Set To Expand With A CAGR Of 23.4% From 2016 To 2023

Gamification Market Set To Expand With A CAGR Of 23.4% From 2016 To 2023
According to a new market research report published by Credence Research “Gamification Market (Marketing, Sales & Support, Education & Training, Human Resource, Research & Product Development and Lifestyle) - Growth, Future Prospects, Competitive Analysis and Forecast 2016 - 2023”, the global gamification market is estimated to expand with a CAGR of 23.4% from 2016 to 2023.
Market Insights
Gamification refers to application of game mechanics and design techniques in various business processes, so as to increase the overall productivity of employees. In terms of business context, gamification involves integration of game mechanics into an internal business process, portal, website or marketing campaign, in order to encourage active participation of employees/target audiences. The motive behind implementing gamification is to achieve deeper engagement with employees, partners and also consumers so as to achieve better results.
The most significant factor fueling the adoption of gamification is the immense advantages offered by these solutions driving the overall enterprise productivity. Active employee participation is typically accomplished using mechanics such as badges, leaderboards, achievement levels, score points and others. The concept behind using these mechanics to develop a sense of healthy competition among the employees, thereby driving higher level of dedication. Apart from this, the market is highly driven by the rising shift towards digital advertisement and internet services penetration worldwide.
Another major factor supporting the market growth is the rising efforts by the business organizations worldwide towards achieving high productivity. Business organizations are willing to invest in such solutions that can effectively enhance their internal processes as well as drive consumer engagement. Subsequently, growing competition among the business enterprise worldwide would significantly drive the gamification market growth. Nevertheless, low awareness among the end-users may restrict the market growth during the forecast period.
The overall gamification market is segmented on the basis of solution type, deployment model, application and industry vertical. On the basis of solution type, the market is segmented into consumer-driven and enterprise-driven solutions. Based on the deployment models, the market is further segmented into cloud-based and on-premise gamification. The applications of gamification considered under the scope include marketing, sales & support, education & training, human resource, research & product development and lifestyle. On the basis of industry verticals, the gamification market is further classified into banks, financial services & insurance (BFSI), entertainment, media & publishing, corporate enterprises (IT, ITeS, telecom etc.), retail, education, healthcare and others.
Competitive Insights:
The global gamification market is highly competitive in nature with market players focusing on developing innovative solutions for various applications. The overall market is still in its nascent stage with few adoption across different industry verticals. The market is currently consolidated in nature with few major players contributing to more than 50% of the total market revenue worldwide. Some of the leading players identified operating in the market include Microsoft Corporation, Salesforce.com, Bunchball, Inc., Badgeville, Inc., SAP SE and others.
Key Trends:
  • Shift towards cloud-based gamification solutions
  • Providing application specific gamification solutions for enterprises
  • Innovative solutions for attracting higher adoption
  • Introduction of gamification through mobile apps owing to their growing popularity
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290


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Breakfast Cereals Market Is Expected To Reach US$ 51,080.9 Mn By 2023

Breakfast Cereals Market Is Expected To Reach US$ 51,080.9 Mn By 2023: Hectic Lifestyle And Significant Number Of Women On Workforce To Impel The Growth
According to a new market report published by Credence Research “Breakfast Cereals Market - Growth, Future Prospects, and Competitive Analysis 2016 - 2023,” the Breakfast Cereals market has been estimated to be valued at US$ 37,753.2 Mn by the end of 2016, and is expected to reach US$ 51,080.9 Mn by 2023, expanding at a CAGR of 4.4% from 2016 to 2023.
Browse the full Breakfast Cereals Market by Product Type, and Geography - Growth, Future Prospects, and Competitive Analysis 2016 – 2023 report at http://www.credenceresearch.com/report/breakfast-cereals-market
Market Insights
Breakfast cereals are generally the food produced from processed grains that is consumed as a first meal of the day either mixed with milk or yogurt or with fruit. Inclining trend to implement western dietary patterns especially in developing economies such as India, Malaysia and Indonesia is anticipated to bolster the growth of breakfast cereals market over the period 2016-2023. Different consumers available in urban areas are familiar to consuming cereals along with milk for breakfast which is convenient to prepare as well as provide different benefits related to health. Besides this, rising personal disposable income in emerging economies as well as added health benefits available in the content of breakfast cereals is likely to bolster the demand for breakfast cereals over the next few years. Apart from this, the significant awareness towards benefits related to breakfast cereals along with rising desire for high carbohydrate and low calorie food is expected to strengthen the market for breakfast cereals market over the forecast period.
Hectic lifestyle and significant adoption of modern lifestyle with almost no time to cook breakfast or related food early in the morning is anticipated to intensify the demand for breakfast cereals over the forecast period. Besides this, significant rate of women empowerment as well as extensive working hours has strengthened the demand for breakfast cereal products over the past few years. In the next few years, instant breakfast cereals are anticipated to create huge demand in all over the world.
Competitive Insights:
Breakfast cereals market is segmented on the basis of product type such as ready to eat cereals and hot cereals. In 2015, ready to eat cereals segment contributed the highest revenue share of the total breakfast cereals market. The segment is anticipated to expand at a robust CAGR till 2023. High adoption rate of western culture as well as adoption of breakfast cereals as day breakfast meal is expected to spur the growth of breakfast cereals market over the forecast period. Change in lifestyle along with busy working schedule is expected to create more demand for ready to eat breakfast cereals all across the globe over the forecast period. Though the ready to eat segment will grow at a significant pace in the next few years, the high percentage of nutritional value available in hot cereals is anticipated to expand the demand for hot cereals over the forecast period.
Browse the full Breakfast Cereals Market by Product Type, and Geography - Growth, Future Prospects, and Competitive Analysis 2016 – 2023 report at http://www.credenceresearch.com/report/breakfast-cereals-market
Key Trends:
  • New product development
  • Educating consumers about breakfast cereals
  • Rising trends of women on workforce
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
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Ph: 1-800-361-8290


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Carbon Fibers Market is Expected to Reach Over US$ 4.8 Bn by 2023

Carbon Fibers (Precursor Type- Pitch Based Carbon Fiber and PAN Based Carbon Fiber) Market, for Aerospace & Defense, Wind Turbines, Sports/Leisure, Automotive, Construction and Other Applications is Expected to Reach Over US$ 4.8 Bn by 2023
According to a new market report published by Credence Research “Carbon Fibers Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 - 2023,” the carbon fiber market is expected to reach over US$ 4.8 Bn by 2023, expanding at a CAGR of more than 9.7% from 2016 to 2023.
Browse the Carbon Fibers (Precursor Type- Pitch Based Carbon Fiber and PAN Based Carbon Fiber) Market, for Aerospace & Defense, Wind Turbines, Sports/Leisure, Automotive, Construction and Other Applications - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 - 2023 report at http://www.credenceresearch.com/report/carbon-fiber-market
Market Insights
Carbon fibers are fibers which consist of 90% of carbon atoms. The microscopic crystals are aligned parallel to the long axis of carbon fiber. The fiber becomes incredibly strong for its size due to the crystal alignment. Thousands of carbon fibers are warped together to form a yarn which is then woven into fabric. Carbon fibers are usually classified by the tensile modulus of fiber. Almost 30 years ago, carbon fiber was not used due to its cost and hence was only used in the aerospace industry. Carbon fibers are now used in various industries such as sporting goods, automotive, wind turbines, marine, construction, 3D printing and many such applications.
Raw materials which are used in the manufacture of carbon fiber is known as the precursor. Almost 90% of the carbon fibers are manufactured using polyacrylonitrile (PAN). The remaining 10% are made from petroleum pitch or rayon. In the manufacturing process of carbon fiber, many liquids and gases are used. Some of these materials are designed in a special way to get a specific effect.
Growing demand for carbon fibers from the aerospace & defense industry is the major driving factor of global carbon fibers market. Carbon fibers are known for its high strength to weight ratio. Therefore they are used on a large in manufacture of aircraft components such as elevators, floor beams, wings, engine nacelles and vertical stabilizers among others. Increasing demand from the automotive and wind industry is another factor driving the growth of global carbon fibers in the market.
Competitive Insights:
Growing demand for carbon fibers from the aerospace & defense industry has led to the growth of carbon fibers market in North America. North America accounted for major share of global carbon fibers market and is expected to increase in the near future. High demand for lightweight aircrafts from the defense industry is driving demand for carbon fibers in the global market.
Europe accounted as the second largest market for carbon fibers in 2015. Growing automotive industries in the region has boosted demand for carbon fibers in Europe. Fuel efficiency is the major factor boosting demand for carbon fibers in manufacturing automobiles in the region. Hence, Europe is expected to boost high demand for carbon fibers during the forecast period.
Increasing demand for carbon fibers from the construction and wind industry in Asia Pacific is also expected to fuel growth of carbon fibers market in the region. Other regions such as Latin America and Middle East and Africa are also projected to boost high demand for carbon fibers in the near future.
Browse the Carbon Fibers Market report at http://www.credenceresearch.com/report/carbon-fiber-market
 Key Trends:
  • Lightweight material
  • High tensile strength, heat resistant, etc.
  • High demand for lightweight materials in the global market
  • Opportunities from wide range of end-user industries
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Pipeline Leak Detection System Market to 2023

Global Pipeline Leak Detection System Market for Oil & Gas Industry by Product Type, Technology and Geography is Expected to reach US$ 3.2 Bn by 2023
According to a new market report published by Credence Research “Global Pipeline Leak Detection System Market for Oil & Gas Industry - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023,” the Global Pipeline Leak Detection System Market for Oil & Gas Industry has been estimated to be valued at US$ 2.1 Bn by the end of 2016, and is expected to reach US$ 3.2 Bn by 2023, expanding at a CAGR of 6.4% from 2016 to 2023.
Browse the full Global Pipeline Leak Detection System Market for Oil & Gas Industry by Product Type, By Technology and Geography - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/pipeline-leak-detection-system-market-for-oil-and-gas-industry
Market Insights:
Global leak detection system market is expected to gain momentum with growing pipeline network and increasing demand for fossil fuels. Advancement in technology has facilitated the pipeline operators to remote monitoring of pipeline operations. Global pipeline network is about 3.5 million kilometers which is responsible for movement of oil & gas products across the globe. Pipelines are considered to be the safest and the most efficient mode of transportation of hydrocarbons as they are hazardous in nature and any spillage or leakage can results in huge loss to the product owner as well as to the environment. Leakage is considered as the most common problem in pipeline operations which not only results in product loss but also can results accidents with huge potential to damage nearby environment. Recent accident happened in recent past such as explosion in gas pipeline in Minnesota, U.S., and eruption of natural gas pipeline in Nebraska in 2014 has bought in legislation for the pipeline carrying hazardous products to mandatory have leak detection system. Thus, global leak detection system market for oil & gas industry is anticipated to driven by factors such as increasing natural gas production, increasing trade of oil & gas products coupled with growing pipeline infrastructure and associated regulatory policies. However, volatile oil prices restricting cash flow of the oil producers which is likely have a negative impact on upcoming pipeline project which in turn is expected to restrain the demand for pipeline leak detection system in oil & gas industry.
Competitive Insights:
Global leak detection system market for oil & gas industry is segmented on the basis of technology, product type and geography. By technology, negative pressure wave segment is projected to be the most dominant segment due to easy installation along with low installation cost. Considering segment product type, the natural gas segment to be the largest segment over the forecast period (2016-2023) owing to increasing production of shale gas coupled with growing increasing number of gas based economies. The key players in the market are focusing on research & development of new technologies to enhance accuracy of their products.
Overall, global pipeline leak detection system market is projected to register significant growth over the forecast period (2016-2023).
Key Trends:
  • Merger & Acquisition
  • Development of new technologies
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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Industrial Wireless Vibration Sensors Network Market To Reach US$ 1,442.0 Mn By 2024

Industrial Wireless Vibration Sensors Network Market To Reach US$ 1,442.0 Mn By 2024
According to a new market research report published by Credence Research “Industrial Wireless Vibration Sensors Network Market (By End-use Industry – Manufacturing; Oil and Gas; Automotive; Metals and Mining; Water and Wastewater; Food and Beverages; Chemicals and Others) - Growth, Future Prospects, Competitive Analysis and Forecast 2016 - 2024”, the global industrial wireless vibration sensors network market stood at US$ 903.2 Mn in 2015 and is estimated to expand with a CAGR of 5.4% from 2016 to 2024.
Market Insights
The industrial wireless vibration sensors network market has been primarily driven by increasing need to monitor and assess machine condition in order to avoid major downtimes and loss of production time. With technological advancements in sensor technology and rise of effective wireless communication protocols suitable for the industrial applications have led to the rise of various condition monitoring systems based on various types of sensors such as vibration, temperature, pressure, and humidity, among others.
The vibration sensors have gained immense popularity in the manufacturing and processing related applications on account of its higher accuracy and effectiveness. In addition, increasing adoption of communication protocols such as WirelessHART and ISA 100.11a has further enabled the adoption of industrial wireless vibration sensors network into various manufacturing and processing units.
Some of the major factors driving the growth in the industrial wireless vibration sensors network market is the increasing need to ensure operations continuity and avoid machine downtime. With the use of sensors networks, plant operators can quickly and precisely identify any particular point of error and rectify the issue before resulting into machine failure.
Thereby, the use of industrial wireless vibration sensors network helps plant owners to avoid huge losses associated with machine downtime. Furthermore, by assessing vibration readings of various components within the machinery, the plant operators can continuously monitor the machines condition and predict the requirement of any appropriate maintenance services. Thereby, the overall industrial wireless vibration sensors network market is expected to witness significant growth during the forecast period.
Competitive Insights:
The global industrial wireless vibration sensors network market is fragmented with top four manufacturers accounting for less than 45% of the market revenue. The global market is characterized by the presence of large number of players, across the entire wireless sensor network value chain. The increase in the number of manufacturers/suppliers, distributors, and service providers has ensured a highly competitive market. The global industrial wireless vibration sensors network market is characterized by the presence of large number of players with diversified businesses who are struggling to gain meaningful differentiation. Thus, new product development, product innovation, and developing easy-to use, energy-efficient, and technology advanced IWSNs are some of the requisite market strategies adopted by the manufacturers in the market
Business expansion through strategic alliance and acquisitions is another important strategy adopted by the leading players in this market. A dominant trend of market moving towards consolidation can be witnessed as small players are merging operations with well-established players to leverage their resources. In a relatively matured and slow growing market, manufacturers are focusing on offering application specific wireless vibration sensors network solutions in order to strengthen their position in the market.
Considering that major portion of sales come through indirect sales channel, an established distribution network is a necessity and manufacturers across the globe are focusing on strengthening their marketing and distribution channels to improve their product penetration and position in the market. A trend of international manufacturers forming alliance with local players to expand its geographical footprint can be seen in the market. For instance, BeanAir has recently announced that it has signed an agreement with Ambetronics with an aim of promoting and distributing its wireless sensor network solutions for condition monitoring applications in the Indian market.
Key Trends:
  • Market moving towards consolidation through various mergers and acquisitions
  • High growth rate in the automobile, food and beverages industry
  • Continued adoption in the manufacturing industry
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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Dairy Ingredients Market Is Expected To Reach US$ 70.2 Bn By 2023

Global Dairy Ingredients Market Is Expected To Reach US$ 70.2 Bn By 2023: Dairy Products To Fuel The Market Growth
According to a new market report published by Credence Research Inc., “Dairy Ingredients Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023”, the worldwide dairy ingredients market was valued at US$ 46.7 Bn in 2015.
Market Insights:
Dairy industry has been an essential contributor to the overall economy, and is expected to serve as a growth potential sector in the next five to six years primarily in Asia Pacific countries. This is due to increased dairy products consumption in countries such as India, Australia, New Zealand, Japan and others. Increasing dairy products consumption is further anticipated to fuel the demand for dairy ingredients in these countries. In addition, rising inclination of consumers towards western food especially dairy food products is bolstering dairy ingredients market growth globally. However, milk supply especially in countries such as India and China is not sufficient as compared to the subsequent demand, which is concern among dairy ingredients manufacturers.
Of different applications, sports and clinical nutrition segment is expected to record significant growth in the forthcoming years. However, dairy food products segment holds largest market share throughout the forecast period, which is intended to increase adoption of dairy ingredients among the manufacturers, thus fuelling the dairy ingredients market growth. Also, there is increased per capita consumption of products such as cheese, milk, butter and other dairy blends among consumers in Europe as well as in Asia Pacific. This is surging demand for dairy ingredients, thus fuelling the dairy ingredients market growth globally.
Among different regions, Europe is anticipated to dominate the market in terms of revenue share contribution, followed by Asia Pacific and North America. Asia Pacific is expected to record highest CAGR during the forecast period. Improving supply chain in countries such as China and India, technological advancements in the dairy industry and new dairy-based product launches across the globe are some of the key factors bolstering the dairy ingredients market growth in the region.
Competitive Insights:
Some of the prominent players identified in the dairy ingredients market include Arla Foods, Fonterra Co-Operative Group Limited, Glanbia PLC, Euroserum, Saputo Inc., Dairy Farmers of America, Groupe Lactalis, Volac International Limited, Frieslandcampina,  Devondale Murray Goulburn, Bluegrass Dairy and Food, Inc. and Olam International. Dairy ingredients manufacturers are keen on developing smooth supply chain processes coupled with strategic alliances with local players.
Key Trends:
  • Automation in the dairy industry
  • Functional food products are anticipated to emerge as potential segment for companies  operating in the dairy ingredients market
  • Strategic alliances among players across the value chain to sustain competitiveness in the market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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Monday, March 27, 2017

Paints And Coatings Market is Expected to Reach Over US$196.5 Bn By 2022

According to a new market report published by Credence Research “Paints & Coatings Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2021,” the paints & coatings market was valued is expected to reach over US$196.5 Bn by 2022, expanding at a CAGR of more than 5.0% from 2015 to 2022.
Browse the full Paints & Coatings (Premium, Medium and Economy) Market for Architectural Coatings, Industrial Coatings, Special Purpose Coatings and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at http://www.credenceresearch.com/report/paints-and-coatings-market
Market Insights:
Coatings are coverings that are applied to the surface of any object to protect it from corrosion, dust and for decoration. It is referred as a substrate and is mainly used as a functional material for many applications. Hence, paints & coatings are widely used for many applications in various end-user industries. Functional paints & coatings are used to change the surface properties of object which includes adhesion, wear and corrosion resistance among others. In case of device fabrication, the coatings used add excellent new properties such as electrical conductivity and magnetic response among others. These factors have promoted the growth of paints & coatings industry worldwide.
Rising population in emerging economies such as Asia Pacific has boosted the growth of construction industry. China and India are the major countries boosting market demand for residential projects which is driving the market for paints & coatings in the region. Asia Pacific is the largest and fastest growing market for paints & coatings worldwide. The increasing demand for paints & coatings in the construction industry is the major factor driving the growth of global paints & coatings market. Hence, high demand from the construction industry is expected to boost market growth of global paints & coatings market. Paints & coatings are segmented into premium, medium and economy coatings depending on the quality and price of the product. Premium coatings are expected to experience high growth due to its beneficial properties as compared to other coatings in the market.
Competitive Insights:
Architectural coatings accounted for larger share of global paints & coatings market. The growing demand for residential and commercial projects in emerging economies such as Asia Pacific and Rest of the World has led to high demand for paints & coatings in the market. Architectural coatings are expected to gain high demand among other coatings in the market. Industrial coatings followed architectural coatings in terms of demand and the market is expected to grow in the near future. High demand from industrial sector for machine manufacturing, automobiles, etc. is anticipated to boost market for paints & coatings. Other applications such as special purpose coatings are also projected to generate high demand for paints & coatings worldwide. These coatings offer less benefits but are widely used for small scale applications. Hence, paints & coatings market is projected to grow in the near future.
Key Trends:
Architectural coatings in construction industry
Manufacturing process of automobiles and machinery
Wide applications in numerous end-user industries
Opportunities from increasing research activities for green and environment friendly coatings
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

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Pepper Market to Reach US$ 6,104.7 Mn by 2023

Pepper Market to Reach US$ 6,104.7 Mn by 2023
According to a new market report published by Credence Research Inc., “Pepper Market (By Product Type (Black, White and Green), By Application (Food & Beverages, Health Care, Personal Care & Cosmetics and others)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the worldwide pepper market was valued at US$ 3,676.3 Mn in 2015. In terms of volume the global market stood at 410.1 kilo tons in 2015.
Market Insights:
The global pepper market is driven by factors such as rising demand for convenient foods, bakery products and processed foods. In addition, rise in disposable income, changing food consumption patterns, rapid urbanization and rise in meat consumption is escalating the demand of spices and particularly for pepper. Pepper due to its antibacterial and antioxidant properties is also extensively used in health care and personal care & cosmetics industries.
Adulteration is one of the major concerns for the spice industry. All spices whether, rare or common have their particular adulterants that they are mixed while preparation of the spices or entirely substitute the original spices. The black pepper is adulterated with dried seeds of papaya which look exactly like the real black pepper. It is almost next to impossible to detect this adulteration in large quantities of pepper. In the course of steaming process, whole pepper’s volatile oil is extracted and then its seeds are colored and mixed with unutilized pepper seeds in minute ratios.
The high growth potential in emerging markets and untapped regions which have started using more pepper in cooking, provide new growth opportunities for the market vendors.
Competitive Insights:
The global pepper market is highly competitive with presence of various international and regional players. The market players are adopting various strategies to increase their market position. Some of the key vendors present in this market are Baria Pepper, British Pepper and Spice, Everest Spices, MDH and Catch  among others.
Key Trends:
Focus on enhancing new application area for pepper
Untapped and emerging regions provides huge market potential
Rising demand for health and wellness products
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

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Point-Of-Care Diagnostics / Testing (POCT) Market Is Expected To Reach USD 28,346.8 Mn By 2022

Global Point-Of-Care Diagnostics / Testing (POCT) Market Is Expected To Reach USD 28,346.8 Mn By 2022
The latest market report published by Credence Research, Inc. “Global Point-of-Care Diagnostics / Testing (POCT) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the point-of-care diagnostics / testing market was valued at USD 15,743.6 Mn in 2015, and is expected to reach USD 27,507.2 Mn by 2022, expanding at a CAGR of 8.1% from 2016 to 2022.
Browse the full report Point-of-Care Diagnostics / Testing (POCT) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/point-of-care-diagnostics-or-testing-market
Market Insights
Point-of-care tests (POCT) are the type of diagnostic tests performed outside the central laboratory or decentralized testing. The technological evolution in the field of diagnostics including introduction of portable and handheld instruments has resulted in the shift of POC testing from the hospitals to several medical environments including the workplace, home, disaster care and convenience clinics. POC diagnostics offers high potential for diagnosis and treatment of patients, as it assists rapid availability of test results and hence, earlier clinical decision making and intervention.  The factors aiding the growth of POC testing market are mounting disease incidence, rising public awareness related to diagnosis of infectious diseases, growing focus towards personalization of care and constant integration of technology into healthcare. POC testing is becoming one of the integral parts of diagnosis and monitoring patient care market. Novel technologies are enabling POC devices to generate quantitative lab-quality test results that can be transferred to a central information system, remote caregiver service for consultation or electronic medical record database.
Market Competition Assessment:
The point-of-care diagnostics or testing market is observed as the most diversified and competitive market comprising large number of players.  The market observed one of the highest rates of merger and acquisition activity leading to investments in novel technologies as companies with strong capital back-up enter the sector. The market is dominated by several players, depending on their major competencies. The key players in this market are Roche Diagnostics Ltd., Abbott Laboratories, Alere Inc., Siemens AG, and Beckman Coulter, Inc.
Browse the full report Point-of-Care Diagnostics / Testing (POCT) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/point-of-care-diagnostics-or-testing-market
Key Market Movements:
High prevalence of infectious diseases and rising incidences of lifestyle diseases in developing countries
Rising usage of home-based POC testing devices is improving patient complianc
Increasing private investments and venture funding along with growing government support in development of new products and adoption of current POC devices is assisting the market growth
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Global Artificial Lift System Market to 2023

Global Artificial Lift System Market By Type And Geography Is Expected To Reach US$ 19.1 Bn By 2023
According to a new market report published by Credence Research “Global Artificial Lift System Market - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023,” the Global Artificial Lift System Market is expected to reach US$ 19.8 Bn by 2023, expanding at a CAGR of 4.7% during the forecast period 2016 to 2023.
Browse the full Global Artificial Lift System Market by Type and Geography - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/artificial-lift-system-market
Market Insights
Artificial lift system in oil & gas industry refers to use of artificial means to increase to flow of the crude oil from the well. Artificial lift system is a kind of enhanced oil recovery technique widely used to improve the well productivity especially for matured reserves as well as reserves with high viscosity crude oil. Artificial lift system is low cost conventional enhanced oil recovery technique used to improve production from oil well. It is done through various methods such as increasing extraction rate using submersible pumps which is the most popular artificial lifting method. Other methods such as rod lift, gas lift and progressive cavity pumps are expected to gain traction over the forecast period.
Artificial lift system market is expected to gain impulse with growing demand for fossil fuel coupled with increasing number of mature reserves across the globe expected to drive the demand of artificial lift system. Further, volatile oil prices influencing oil companies to reduce their per barrel cost of oil production. Thus, demand for enhanced oil techniques such as artificial lift system is expected to increase during the forecast period. Moreover, growing number of matured reserves and increasing exploration of non-conventional reserves are expected to fuel the demand for artificial lift system over the forecast period (2016-2023). However, high initial installation cost and lack of skilled labour for artificial lifting are expected to hamper the growth of artificial lift system market during the forecast period (2016-2023).
Competitive Insights:
Global artificial lift system market is segmented on the basis of type and geography. By type, electrical submersible pumps segment is projected to be the most dominant segment with due to high adoption of submersible pumps in artificial lifting of hydrocarbons from the oil well. Followed by it, rod lift is expected to be the fastest growing segment due to increasing adoption of the method as it is cost effective and considered as most of efficient method to extract hydrocarbons. The segment is anticipated to gain significant market share by 2023.
Leading players in the market such as Weatherford, Schlumberger Limited and Baker Hughes Incorporated collectively accounts for over 50% of the revenue share in global artificial lifting market. Key players are focusing on increasing their market penetration through mergers and acquisitions of small players. Further, artificial lifting market is expected to witness development of new products as leading players in the artificial lifting market are investing significant amount in research and development to develop for efficient methods to increase the extraction rate of hydrocarbons.
Overall, global Artificial Lift System Market is projected to register significant growth over the forecast period (2016-2023).
Key Trends:
  • Merger & Acquisition
  • Investment in research and development
  • New techniques development
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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Global In-flight Connectivity Market to 2023

Global In-flight Connectivity Market to Exceed US$ 5.4 Bn by 2023
According to a new market report published by Credence Research, Inc. “In-flight Connectivity Market By Type (Hardware, Service), By Hardware (Antenna, LAN Controller, Access Point, Hotspot Gateway and Other Hardware), By Service (Entertainment, Connectivity) By Technology (Satellite, Air-to-Ground) - Growth, Share, Opportunities & Competitive Analysis, 2016 -2023”, the global in-flight connectivity market is expected to witness a steady growth, expanding at a CAGR of over 14% from 2016 to 2023.
Browse the In-flight Connectivity Market By Type (Hardware, Service), By Hardware (Antenna, LAN Controller, Access Point, Hotspot Gateway and Other Hardware), By Service (Entertainment, Connectivity) By Technology (Satellite, Air-to-Ground) - Growth, Share, Opportunities & Competitive Analysis, 2016 -2023 report at http://www.credenceresearch.com/report/in-flight-connectivity-market
Market Insights
Ongoing advancements in networking technology and introduction of favorable regulations and policies to use personal electronic devices are boosting growth of the global in-flight connectivity market. Also, increasing number of airline passengers traveling on trans-oceanic flights is expected to fuel market growth over the forecast period. However, high cost of deployment is impeding the adoption of connectivity hardware and services especially in developing regions such as Africa and Latin America.
Competitive Insights:
The global in-flight connectivity market is consolidated in nature, with top 5 players constituting over 65% market share of overall pie. Prominent players in the market are Gogo Inc., Panasonic Corporation, SITA, Global Eagle Entertainment and ViaSat Inc. These players are emphasizing on expanding their market reach and industry footprint through strategic partnerships and mergers & acquisitions. Also, growing focus of vendors to offer bundled solutions and services to end-users has become a major trend in the global in-flight connectivity market. The prominent players identified in the global in-flight connectivity market are Gogo, Inc., ViaSat, Inc., Panasonic Corporation, Global Eagle Entertainment, Honeywell International, Inc., Thales Group, SITA, Thinkom Solutions, Inc., Kymeta Corporation and EchoStar Corporation among others.
Key Trends:
  • Surge in strategic partnerships, acquisitions & mergers, and joint ventures to assist the market growth
  • Airlines shift towards hybrid networking technologies
  • Hardware provider are focusing on introducing technologically advanced products to gain competitive advantage in the long run
  • Growing passenger shift towards high bandwidth application has become an emerging trend in the market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
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Ph: 1-800-361-8290
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Powder Coatings Market To Reach US$ 15.09 Bn By 2023

Powder Coatings Market To Reach US$ 15.09 Bn By 2023
According to a new market report published by Credence Research Inc., “Powder Coatings Market by Resin Type (Epoxy, Polyester, Epoxy-Polyester, Acrylic, Polyurethane and Others), by Application Type (Consumer Goods, Automotive, Architectural, General Industries, Furniture and Others)”  - Growth, Future Prospects, Competitive Analysis, 2016 – 2023”, the worldwide powder coatings market was valued at US$ 8.70 Bn in 2015. In the same year, in terms of volume the powder coatings market was 2.36 Million tons.
Market Insights:
The global powder coatings market is projected to grow significantly during the forecast period. Rising applications of powder coatings in various sectors such as automotive, furniture and appliances among others is the major factor driving the market growth. Moreover, advantages of powder coatings over traditional wet paints such as high resistance to corrosion, durability, cost-effective, and high-quality finish is another factor contributing towards the market growth. Powder coatings are environment friendly as they are solvent free thus result in negligible emissions of volatile organic compounds (VOC). Therefore, have high support from the government regulatory such as REACH and EPA, thereby fueling demand. However, application and design issues are inhibiting the market growth. High consumption of energy is another factor restraining the market growth over the next six years.
Emerging economies such as India, China, Malaysia, Brazil, and some GCC countries offers lucrative growth due to strong growth in automotive industry. Growing demand for furniture along with the availability of the product is projected to propel the market growth. Continuous innovation and technological advancements is projected to further expand market opportunities.
Competitive Insights:
The market is moderately fragmented with top ten participants accounted for 45% share of the global market in 2015. AkzoNobel, PPG, Sherwin Williams and Axalta are some of the prominent players present in this market. To increase their foothold in the market companies are focusing on various product innovation. Some of the others key players present in this market are Jotun, BASF and Nippon Paint among others.
Key Trends:
  • Emerging economies offers huge untapped market potential
  • Advancement in technologies provide huge market opportunities
  • Rising demand for powder coatings from various end use sectors
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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Global Bioinformatics Market Is Expected To Reach USD 38,614.0 Mn By 2024

The latest market report published by Credence Research, Inc. “Global Bioinformatics Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2023,” the bioinformatics market was valued at USD 8,580.0 Mn in 2015, and is expected to reach USD 38,614.0 Mn by 2024, expanding at a CAGR of 20.3% from 2016 to 2024.
Browse the full report Bioinformatics Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2024 report at http://www.credenceresearch.com/report/bioinformatics-market
Market Insights
The key applications of bioinformatics comprises in gene sequence analysis, gene and protein expression analysis, gene regulation analysis, genome annotation, and mutation analysis. Bioinformatics plays key role in research optimization via effective data management during and after clinical trials. The factor assisting its market growth throughout the forecast period is existence of huge government funding and market introduction of technological advancements in the fields of genomics and proteomics. The market experts suggested that, market growth of bioinformatics has been also driven by the companies that express a need to adopt more cost-efficient and prolific methods to commercialize proprietary information. The suppliers operating in this market are expected to provide products or services such as complete integration of data infrastructure including data sharing facility, data security, data searching, proposed customization and data analysis.
Applications of bioinformatics comprise genomics, molecular phylogenetics, proteomics, transcriptomics, metabolomics, chemoinformatics & drug designing and others. In 2015, genomics dominated the overall market in terms of market share due to its rising application in understanding mutational disorders and identification processes related to investifgation of better pathways that pertain to gene based drug development. Biocontent management was observed as the largest market in 2015 due to rising rate of bioinformatics tools and software application in database management is one of the primary reasons attributing to its large share.
In year 2015, North America dominated the overall market and is expected to maintain its dominance in the market throughout the forecast period. The key factors assisting the North America bioinformatics market are U.S. is a base of large number of pharmaceutical and biopharmaceutical companies, it records highest number of clinical trials and studies carried out every year. The bioinformatics services and products available in North America are advanced coupled with modern healthcare infrastructure. During the forecast period Asia-Pacific is expected to grow at the fastest CAGR due to rising number of outsourcing assignments related with healthcare IT and clinical trials, developing healthcare infrastructure and increasing number of pharmaceutical and biopharmaceutical companies. Asia-Pacific is considered as a hub of information technology companies and these companies provide bioinformatics products and services assistance to companies based in the North America and Europe.
Market Competition Assessment:
The bioinformatics market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are BIOVIA (Accelrys Inc.), IBM Life Sciences, 3rd Millennium Inc., Life Technologies Corporation, Rosetta Biosoftware, Agilent Technologies, Affymetrix, Inc., Celera Corporation, and others.
Key Market Movements:
  • Bioinformatics market will retain its significant growth due to presence of huge government funding and technological advancements upcoming in the fields of genomics and proteomics
  • Rising usage of biological systems modeling is becoming a trend in clinical research field which is assisting the growth of bioinformatics
  • In the field of drug discovery and development demand is increasing for the use of integrated data
  • Market experts have also suggested that, bioinformatics has huge application in wide number of sectors, many government and non-government organizations are investing in the R&D of the sector which is acting as a strong reason for the growth of the market 
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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