Friday, 14 October 2016

Automotive Test Equipment Market is expected to grow at a CAGR of 6.25% between 2016 and 2023, Credence Research

According to a new Industry report published by Credence Research Inc “Automotive Test Equipment Industry – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2022,”  the global Automotive Test Equipment Industry is expected to grow at a CAGR of 6.25% between 2016 and 2023 to reach US$ 675 Mn by 2023.

The Industry for automotive test equipment is expected to witness significant growth with increasing production of motor vehicles. In addition, introduction of stringent emission and vehicle repair and maintenance regulations is also expected to support the growth of automotive test equipment Industry particularly in developed regions. In emerging economies increasing vehicle fleet, expansion of automotive production facilities and rising number of independent vehicle services stations and workshops.

Full Report is Available at http://www.credenceresearch.com/report/automotive-test-equipment-market

The automotive test equipment Industry is segmented into engine dynamometer, chassis dynamometer, vehicle emission test system and wheel alignment tester. In 2015, chassis dynamometer accounted for the largest revenue share. This segment is expected to maintain its dominating position with increasing installation at vehicle manufacturing plants and testing facilities. The emission test equipment segment is predicted to witness fastest growth with introduction of stringent vehicle emission control regulations across the world.

The report also classifies automotive test equipment into handheld scan tool, mobile device-based scan tool and PC/laptop-based scan tool. The handheld scan tool segment accounted for the largest Industry share in overall automotive test equipment Industry by application. Mobile-device based scan tool are gaining popularity in developed regions and is expected to witness fastest growth as vehicle manufacturers are introducing advanced vehicles equipped with user friendly diagnostics and analyzing solutions.

In 2015, Asia Pacific is the largest as well as the fastest growing regional Industry in the global automotive test equipment Industry. Rising expansion of automotive manufacturers particularly in India and China is expected spur this Industry growth through the forecast period. North America and Europe are also expected to witness significant growth due to increasing vehicle fleet and stringent vehicle emission regulations. Russia, Japan, Brazil, South Africa, Southeast Asia, GCC countries and Australia are some other major Industrys for automotive test equipment predicted to witness considerable growth with rising vehicle demand in these Industrys.

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The global automotive test equipment industry comprises large number of recognized multinational players. Some recognized players in the global automotive industry include Siemens AG, Robert Bosch GmbH, Honeywell Industrial Inc., Delphi Automotive PLC, ABB Ltd, Softing AG, SGS S.A, Horiba Ltd., AVL List GmbH and Actia S.A.

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Global Hyaluronic Acid Market is growing at a CAGR of 9.7% from 2015 to 2022, Credence Research

In terms of revenue in 2014, the global industry for hyaluronic acid was calculated to be USD 5.50 billion and is projected to reach USD 11.15 billion by 2022, growing at a CAGR of 9.7% from 2015 to 2022.

Hyaluronic acid is witnessing growth on the back of rising demand from cosmetics and medical applications. Moreover, growing incidence of ulcers, osteoarthritis and geriatric population is another major factor attributing towards industry growth. However, other cost effective treatment present in the industry and allergic reaction associated with it can restraint the industry growth. Advancement in technology towards better health services is projected to fuel the industry demand for hyaluronic acid.

Browse Full Report At http://www.credenceresearch.com/report/hyaluronic-acid-products-market

By product type, in 2014, five injection was the leading product type of hyaluronic acid and accounted for 40% share of the industry. High usage is one of the major factor attributing towards the industry growth. Single injection is forecasted to be the fastest growing industry during the forecast period.

In 2014, dermal fillers was the largest application segment for hyaluronic acid and was calculated to be USD 2.04 billion. Vesicoureteral reflux is the fastest growing application segment of hyaluronic acid. Recent improvements are the factors driving the industry growth.

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In 2014, North America was the largest industry accounted for 37% share of the industry pie. This is due to presence of geriatric population and high awareness among them regarding the different procedures. Asia Pacific is projected to be the fastest growing industry during the forecast period. The industry is projected to grow at a CAGR of 10.1% during the forecast period. Rapidly improving health care industry and rising awareness among the growing population are the factors attributing towards the growth. RoW is another lucrative industry due to increasing awareness about the use and affects for hyaluronic acid.

Some of the major players present in this industry are Salix Pharmaceuticals, Ferring Pharmaceuticals Inc., Anika Therapeutics Inc., and Allergan Inc among others.

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Baby Diapers Market in India and China is estimated to expand with a CAGR of 6.0% from 2016 to 2023

According to a new industry research report published by Credence Research “Baby Diapers(Product – Cloth Diapers, Disposable Diapers, Training Nappies, Swim Pants) industry – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the baby diapers industry in India and China was valued at US$ 40.9 Bn in 2015 and is estimated to expand with a CAGR of 6.0% from 2016 to 2023.

Browse the full report at http://www.credenceresearch.com/report/india-and-china-baby-diapers-market

Industry Insights:

India and China represent the largest industrys, in terms of consumer base and volume, for different consumer products. The era of using traditional cloth diapers is rapidly exiting, especially in India and China, thereby driving the overall baby diapers industry growth. The baby diapers industry in countries such as China and India is majorly driven by the strong birth rate in the countries as compared to the rest of the world. Another major factor fueling the industry growth is the rising awareness regarding baby care and other health issues. With the increasing discretionary income, people here tend to spend more over baby care products such as diapers, food and formula products. This has led to emergence of large consumer base in the countries thereby driving various global players in the two industrys.

Industry Insights:

India and China represent the largest industrys, in terms of consumer base and volume, for different consumer products. The era of using traditional cloth diapers is rapidly exiting, especially in India and China, thereby driving the overall baby diapers industry growth. The baby diapers industry in countries such as China and India is majorly driven by the strong birth rate in the countries as compared to the rest of the world. Another major factor fueling the industry growth is the rising awareness regarding baby care and other health issues. With the increasing discretionary income, people here tend to spend more over baby care products such as diapers, food and formula products. This has led to emergence of large consumer base in the countries thereby driving various global players in the two industrys.

One of the most significant factors positively influencing the industry is the rising urbanization across the two countries. Increasing number of female workforce in the countries has led to rise in need for baby care convenience. Using baby diapers largely becomes convenient for such parents thereby fueling the industry growth. As a result, adoption of baby diapers and other baby care products has risen substantially in the countries in the past few years. In terms of adoption rate, India leads the India and China baby diapers industry. China, however, is estimated to register high growth during the forecast period with the growing inclination towards convenient baby care products.

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Competitive Insights:

The baby diapers industry in India and China is consolidated in nature with a few major players contributing to more than fifty percent of the total industry revenue. In India, companies such as Procter & Gamble (P&G) Company, Kimberly-Clark Corporation and Unicharm Corporation grab the highest share, in terms of volume and revenue. In order to tap the huge consumer base, these companies focus on providing price competitive products and attractive packaging and industrying.

Another major area of focus for the baby diaper manufacturers is attractive packaging of the products. Attractive packaging plays crucial role in case of baby products as it largely helps driving the consumers. This makes attractive packaging is one of the most important strategies adopted by the baby diaper manufacturers. Further, due to rising penetration of online retail in the overall Asia Pacific region, companies are now increasingly promoting their products online so as to capture the consumer base.

Key Trends:

Ø  Baby diapers using advanced superabsorbent material

Ø  Focus on India and China by launching price competitive products

Ø  Online product promotion

Ø  Brand-name promotion

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D – limonene Market is expanding at a CAGR of more than 4.5% from 2016 to 2022, Credence Research

According to a new industry report published by Credence Research “D – Limonene industry – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2022,” the d – limonene industry is expected to reach over US$ 0.45 Bn by 2022, expanding at a CAGR of more than 4.5% from 2016 to 2022.

Industry Insights

Limonene is a liquid hydrocarbon which is colorless and is classified as a cyclic terpene. The isomer of limonene is d – limonene. It is basically used in chemical synthesis and as a renewable solvent in cleaning products. D – Limonene is also known as a cleaning formulation ingredient that is extracted from oils which are present in orange rinds. The pleasant lemon like aroma of d – limonene makes it a major constituent in several citrus oils. Because of its aroma, d – limonene is used as a fragrance and flavor additive in soaps, perfumes, food, beverages, chewing gums and cleaning products.

Browse the full D – Limonene industry@ http://www.credenceresearch.com/report/d-limonene-market

Decrease in usage of ozone depleting chemicals and chlorofluorocarbon (CFC) is the major driving factor for growth of global d – limonene industry worldwide. In addition, growing demand for d – limonene as a solvent for replacing toxic materials from the solvent blends is another factor boosting growth of global d – limonene industry. Based on applications, the global d – limonene industry is segmented into personal care precuts, air care products, cleaning and furnishing care products, electrical and electronic devices, food additives and others. Among these, personal care products accounted for major share of global d – limonene industry in 2015 and are expected to increase in the near future. D – Limonene is used in various personal care products such as soaps, creams, lotions, oils and perfumes among others. Hence, high demand is reported for d – limonene from the personal care products industry. Other applications are also expected to boost high demand for d – limonene as it is used in wide range of cleaning products for various applications. Therefore, d – limonene is anticipated to experience high demand from various end-user industries worldwide in the near future.

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Competitive Insights:

Latin America accounted for major share of global d – limonene industry as Brazil is the major orange producing country. North America followed Latin America in terms of demand for d – limonene in the industry. U.S. dominated the global d – limonene industry in terms of demand due to increasing use of d – limonene in end-user industries in the country. High demand for d – limonene from the personal care products industry is driving the growth of global d – limonene industry in the region. Asia Pacific accounted as the third largest region for d – limonene worldwide and is anticipated to fuel industry demand in the near future. Increasing demand for d – limonene from the chemical industry has boosted industry growth in the region. Other regions such as Europe and Middle East & Africa are also projected to fuel demand for d – limonene during the forecast period from 2016 to 2022.

Key Trends:

Manufacture of personal care products
High demand as solvent from the chemical industry
Replace toxic materials in solvents and an alternative to harmful ozone depleting chemicals
Opportunities from increasing research activities for increase in application scope of d – limonene from various end-user industries

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Global Essential Oils Market is expanding at a CAGR of more than 8.8% from 2016 to 2022, Credence Research

According to a new Industry report published by Credence Research “Essential Oils Industry – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2022,” the essential oils Industry is expected to reach over US$ 9.6 Bn by 2022, expanding at a CAGR of more than 8.8% from 2016 to 2022.

Industry Insights

Essentials oils have been used worldwide by many cultures for centuries. The use of essential oils varied in between the cultures from healing the sick to religious purposes. The use of essential oil as healing agent to mankind was found in Lascaux, which is located in the Dordogne region in France. It is reported that the Egyptians used essentials oils since 4500 B.C.E. It was then known by humans regarding its beneficial properties as aromatic oils and as healing agents. Egyptians were the first to make use of essential oils for medicinal purposes more than beauty treatments. Since then, essential oils have been widely used worldwide as aromatic oil, flavoring agent or as medicine for healing.

Browse the Essential Oils Industry report at http://www.credenceresearch.com/report/essential-oils-Market

The global essential oils Industry based on products is segmented into orange, citronella, corn mint, eucalyptus, lemon, clove leaf and others. Among these, orange oil accounted as the largest product segment of essential oils Industry in 2015. Growing demand for orange oil in the food & beverage industry and pharmaceutical and cosmetic industry has led to the growth of essential oils Industry worldwide. The medicinal as well as aromatic properties of orange oil have attracted various end-user industries in the Industry. Hence, orange oil is expected to fuel high growth of essential oils Industry. Citronella, corn mint, eucalyptus, clove leaf and lemon among others are anticipated to experience high demand in the near future due to high demand from the pharmaceutical, cosmetic & personal care product and food & beverage industries in the Industry.

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Competitive Insights:

Food & beverage dominated the global essential oils Industry in 2015 and is expected to retain its position in the near future. Growing demand for wide product range of essential oils in manufacture of confectionary and beverages has promoted growth of global essentials oils in the Industry. Spa and salon products accounted as the second largest Industry in 2015 and are expected to increase during the forecast period due to high demand for essential oils from the industries manufacturing spa products. Spa products consist of high amount of essential oils due to the medicinal properties and aroma of the essentials oil which is useful in healing pains and provide relaxation. Hence, spa and salon products are anticipated to fuel Industry growth of essential oils in the Industry. Cosmetic and personal care products followed spa and salon products and are expected to experience high demand in the near future. Other application such as pharmaceuticals, household cleaning products and others are also projected to boost growth of global essential oils Industry during the forecast period from 2016 to 2022.

Key Trends:

High demand from the food & beverages industry
Growing demand from the spa and salon products industry
Growing consumer awareness for natural oils over synthetic oils in various applications
Opportunities from research & development activities to identify medicinal uses and its applications in wide range of end-user industries


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Credence Research is a worldwide Industry 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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Thursday, 13 October 2016

Actinic Keratosis Market – Growth, Future Prospects And Competitive Analysis, 2016-2022

According to the latest report published by Credence Research, Inc. “Actinic Keratosis Market (Liquid Nitrogen Cryotherapy, Surgical Therapy, 5-aminolevulinic acid (ALA), Methyl Aminolevulinate (MAL), 5-fluorouracil, Imiquimod, Ingenol Mebutate, Diclofenac Sodium, Chemical Peels and Others) – Growth, Future Prospects and Competitive Analysis, 2016-2022,” the actinic keratosis market was valued at USD 6,561.8 Mn in 2015 and is expected to reach USD 8,909.7 Mn by 2022, with the market progressing at a CAGR 4.35%from 2016-2022.
Browse the full reportActinic Keratosis:Market Growth, Future Prospects and Competitive Analysis, 2016-2022report at http://www.credenceresearch.com/report/actinic-keratosis-market
Market Insights
Actinic keratosis (AK) is characterized by skin papules, macules or plaques resulting from prolonged exposure to harmful UV exposure and can result in squamous cell carcinoma. Risk of developing actinic keratosis increases with advancing age and is particularly higher in men as against women. About 5-20% of patients with actinic keratosis lesions develop malignant and potentially fatal squamous cell carcinomas.
Among the various treatment methods available, destructive therapies such as liquid nitrogen cryotherapy and surgical therapy constitute the gold standard for AK treatment. In 2015, cryotherapy was the most commonly sought treatment by clinicians. However, better clinical results of photodynamic therapy and growing preference for treatments based on drug-device combination have urged both caregivers and patients to opt for novel treatment methods that offer both advanced efficacy, aesthetic benefits and reduced risk of future malignancies.
Topical treatment is a prolonged treatment and comparatively more effective than other treatments but patient compliance is the key issue that hinders the growth of this segment. Photodynamic therapy is the fastest growing treatment throughout the forecast period due to rising demand for non-invasive surgeries, and less treatment sessions are the key factors expected to assist this market
North America is the largest market for actinic keratosis treatment due to growing prevalence of AK, better public awareness about occurrence of AK and associated risk of squamous cell carcinoma. According to American Academy of Dermatology (AAD), approximately 60% of the Americans aged 40 year or above, Actinic Keratosis is predisposed to develop having at least 1 AK lesion. Actinic keratosis is precursors of squamous cell cancer. U.S. held the largest share in the actinic keratosis market in 2015 owing to current prevalence of actinic keratosis in the region.Asia Pacific is the fastest growing market for AK treatments. Australia has the highest prevalence of actinic keratosis ranging between 40% to 60% in adult population. Growing awareness in the region and rapid development in healthcare infrastructure and healthcare expenditure are the key growth factors in Asia Pacific actinic keratosis market.
This market is majorly driven by wide presence of generic drugs and is moderately competitive. Photodynamic therapy market has developed a niche with methyl aminolevulinate and aminolevulinic acid drugs. Galderma and DUSA pharmaceuticals are the chief players in this space. Some of the major players in the global actinic keratosis market are Tolmar Pharmaceuticals, Inc, DUSA Pharmaceuticals, Inc., Valeant Pharmaceuticals International, Inc., Aqua Pharmaceuticals, LLC, Galderma SA, Perrigo Company plc, LEO Laboratories, Apotex and others.
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Global Needle Free Diabetes Management industry - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022

The latest industry report published by Credence Research, Inc. “Global Needle Free Diabetes Management industry - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the needle free diabetes management  industry was valued at USD 3,225.6 Mn in 2015, and is expected to reach USD 9,797.8 Mn by 2022, expanding at a CAGR of 16.8% from 2016 to 2022.

Browse the full report Needle Free Diabetes Management Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/needle-free-diabetes-management-market

industry Insights:

Diabetes is majorly classified into Type 1 diabetes (due to b-cell destruction, usually leading to absolute insulin deficiency), Type 2 diabetes (due to a progressive loss of insulin secretion on the background of insulin resistance) and gestational diabetes mellitus (GDM) (diabetes diagnosed in the second or third trimester of pregnancy that is not clearly overt diabetes).

According to the International Diabetes Federation, in 2015 about 415 million people were observed suffering with diabetes and by 2040 the number is expected to soar to 642 million worldwide. In 2015, North America and Caribbean comprised patient population of 44.3 million, Europe possessed 59.8 million, South East Asia had 78.3 million, Western Pacific had 153.2 million, South & Central America had 29.6 million, and Africa had 14.2 million.

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The industry segmentation of needle free diabetes management industry is carried out on the basis of type of devices and geography. The devices segment is further sub-segmented into treatment devices, diagnostic devices and artificial pancreas. Treatment devices comprise of insulin pens, pumps & patches, inhalers and jet injectors.

Insulin patch & pump was observed as the fastest growing segment in treatment devices segment due to high efficiency, patient convenience, and rising public awareness related to the novel needle-free treatment devices. Insulin pens and jet injectors collectively accounted for the largest industry share of around 51% of the overall needle-free diabetes treatment industry as they are one of the most initial treatment solutions available in the industry, high industry penetration achieved till date and high public awareness related with the products.

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Geography segmentation comprised regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography industry is further split to provide industry revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. North America was observed as the largest and most potential regional industry for needle free diabetes management industry. North America constitutes regional industrys of U.S. and Canada, the rising prevalence of diabetes is the major driver for the growth of North America needle free diabetes management industry. The developed healthcare infrastructure, high public awareness related to diabetes management, and rising research and development activities related to diabetes management are the key factors assisting the growth of North America needle free diabetes management industry.

industry Competition Assessment:

The needle free diabetes management industry is observed as the most diversified and competitive industry comprising large number of players.  The industry is dominated by several players, depending on their major competencies. The key players in this industry are Zogenix, Inc., 3M, Antares Pharma Inc., Glide Pharmaceutical Technologies Ltd., Injex Pharma AG, Pharmajet, Inc., Bioject Medical Technologies, Inc., Medtronic, Inc., Johnson & Johnson, Inc., Pancreum LLC, Tandem Diabetes Care, Inc., JDRF, and Akra Dermojet.

Key industry Movements:

Rising prevalence of diabetes worldwide as is claimed as one of the most chronic diseases if not well managed and is expected to reach alarming levels in the coming years

The technology to manage diabetes is developing at significant pace some ground breaking innovations in the field of artificial pancreas are considered to change the needle free diabetes management industry

Blog: http://www.mobilecomputingtoday.co.uk/4433/global-needle-free-diabetes-management-market-expected-reach-usd-9797-8-2022-credence-research/

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Internet Protocol Television Industry (End-user – Commercial and Residential) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023

According to a new Industry research report published by Credence Research “Internet Protocol Television Industry (End-user – Commercial and Residential) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the global internet protocol television (IPTV) Industry was valued at US$ 30.64 Bn in 2015 and is estimated to expand with a CAGR of 13.0% from 2016 to 2023.


Industry Insights:
Internet protocol television (IPTV) refers to television service that is delivered through internet over an IP-based network. The television signal is transmitted using a broadband internet connection which provides more efficient data transmission as compared to the traditional television broadcasting technologies. IPTV majorly comprises three features including video on-demand (VOD), digital video recording (DVR) and live television streaming. Similar to satellite and cable television, IPTV too requires an additional receiving device (set-top box) for receiving the service.internet-protocol-television-iptv-Industry
Increasing penetration of internet-based services is the most significant factor bolstering the IPTV Industry growth. According to the International Telecommunication Union (ITU), over 40% of the global population use internet, as of 2014, up from 16% in 2005. Further rise in the number of internet users is estimated to substantially spur the IPTV Industry growth in the coming years.
Enhancement in the internet infrastructure and video streaming services is another prominent factor fueling the IPTV Industry growth. Nevertheless, the factor is limited only to the developed countries. Major constraint for the Industry growth is the underdeveloped internet infrastructure in developing countries, where consumer base is the largest.

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Competitive Insights:
The global IPTV Industry is fragmented in nature with presence of various global as well as regional players in the Industry. The IPTV Industry encompasses large ecosystem including operators, middleware providers, set-top boxes vendors and others. The Industry is technology driven and hence the Industry players emphasize on providing high-end services to the consumers. Industry players are now increasing efforts towards delivering high definition (HD) and ultra-HD (UHD) IPTV service to the consumers.
IPTV service providers face immense challenge from the traditional cable and satellite television service providers. In developing regions, cable and television service dominates the overall television segment. Due to poor network infrastructure and slower replacement trend, it becomes highly difficult for the IPTV service providers for Industry penetration. Thus, one of the major strategies adopted is to provide various additional internet services as a package along with IPTV.
Key Trends:
Focus on HD and UHD IPTV service
Wireless IPTV service
Cloud-based IPTV service accessible from mobile devices such as smartphones, tablets and others
Partnership and acquisition with other players in the IPTV ecosystem

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Friday, 7 October 2016

Global Surface Mining Equipment Market To Reach Us$ 29.5 Bn By 2022 – Credence Research

According to a new market report published by Credence Research Inc “Surface Mining Equipment Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,”  the global surface mining equipment market is predicted to witness significant growth with improving economic conditions and rising demand for metal and minerals across the world.
The surface mining equipment market is growing steadily with steadily growing population and rising demand for metal and minerals across the world. In addition, recovering construction industry represents a positive outlook for surface mining equipment. Mine operators in U.S., Europe and Japan are replacing their old machineries with advanced solutions in order to provide quality aggregates and meet high global demand. In addition, stringent government regulations in these markets are forcing mine operators to deploy advanced machineries and equipment to reduce emission and match safety regulations.
Based on mining method, strip mining is the largest application market for surface mining equipment. The market for surface mining equipment used in strip mining is expected to witness slow growth in the future due to increasing limitation on coal mining activities and coal based power plants. Open pit mining is the most attractive market for surface mining equipment supplier due to rising demand for copper and diamond. Drilling, loading and hauling equipment are also expected to witness considerable growth with growing mining activities in emerging economies.
Asia Pacific is the largest regional market in the global surface mining equipment market. The region is expected to maintain its dominating positions throughout the forecast period with rising demand from China and India. Asia Pacific also expected to see the fastest growth for mining equipment during the forecast period. Rising replacement of outdated machineries with advanced solutions is expected to drive the demand surface mining equipment in North America and Europe. Latin America and Africa are also expected to observe considerable growth through the forecast period with growing mining sector in these regions.
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Global Traffic Enforcement Camera Market Witness Double Digit Growth by 2022 – Credence Research

According to a new market report published by Credence Research Inc “Traffic Enforcement Camera Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” stringent road safety regulations and increasing efforts to reduce road fatalities across the world are increasing the adoption of traffic enforcement cameras.
The growth of red light and speed enforcement cameras systems is primarily driven by the increasing need to reduce speeding and fatalities in urban areas. In addition, road safety programs to improve motorist as well as pedestrian safety are also expected to influence the market growth in future. Deployment of red light and speed camera improves traffic flow and driving habits.
Countries across the world are continuously focusing on increasing the road safety and security. The developed regions such as U.K, U.S and Canada several others are using this cameras at a huge scale to improve the traffic regulation. The governments of developing countries such as the China, Japan, India, South Africa and Mexico among others are encouraging the use of traffic enforcement cameras to reduce the traffic guideline violations. In future, enforcement cameras market is expected to grow at a faster pace in the developing region as the intelligent transport system is encouraged by the government to increase the safety awareness among people.
India is focusing to reduce number of accidents by installing red light cameras at major intersection in major cities. In 2011, Chennai has started installation of red light cameras at 240 intersections. Bangalore has also installed 5 red light cameras to determine the impact of these cameras on road safety. In addition, several speed enforcement cameras are installed at expressways to reduce speeding. At the end of 2012, India has about 1,029 units of red light and speed enforcement cameras. India has huge potential base for these cameras. Russia is one of the emerging countries in the world and traffic level in the country has grown rapidly in the last two decades. Several transportation authorities in Russia are deploying    speed enforcement cameras to reduce number of traffic causalities.
The global traffic enforcement cameras industry comprises large numbers of domestic and international players through its value chain. American Traffic Solutions, Inc. (ATS), REDFLEX Traffic Systems, XEROX Services and TomTom NV are some of the established players in the global traffic enforcement camera market. Some other major players in the global market include SWARCO Traffic Ltd, Jinan Zhiye Electronic Co., Ltd. GATSO Deutschland GmbH among others.
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Global Offshore Air Handling Units Market is estimated to expandwith a CAGR of 8.1% from 2016 to 2023

According to a new market research report published by Credence Research“Offshore Air Handling Units Market (AHU) (Less than 5000m3/hr, 5000m3/hr to 15000m3/hr and higher than 15000m3/hr) Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”,the global offshore air handling units market is estimated to expandwith a CAGR of 8.1% from 2016 to 2023.
Market Insights
Air handling unit (AHU), also referred to as air handler,is a central air conditioningunit that handles the air circulating within the entire HVAC system. It is among the most crucialcomponents to be considered in designingair conditioning system.AHU is an integrated unit comprising various equipment such as fans, filters, air-control dampers, heating/cooling coils and others.The significance of offshore air handling units is the material used in its construction for better corrosion and environmental protection.
Offshore air handling units are designed to operate in variousoffshore applications such as oil rigs, ships, cruise liners and other marine applications.Due to harsh environmental conditions such as salty air, heavy rains and storms, the air handling unit are required to be built using quality materials so as to raise the overall lifespan. The units can be manufactured using stainless steel or coated steel.
The demand for offshore air handling units is majorly driven by the overall rising offshore ship building and related industry. The offshore oil & gas industry has portrayed strong growth since the past few years and is estimated to show steady growth in the coming years. However, cruise liners and yachts industry is one of the fastest growing industries in the travel sector. As a result, the demand for offshore air handling units is estimated to remain strong throughout the forecast period.
Competitive Insights:
The offshore air handling units market is quite fragmented in nature with large number of international as well as regional players operating in the market. The international players such as Novenco A/S, Heinen&Hopman Engineering, Wozair Ltd., Carrier Corporation, Daikin Industries Ltd., Systemair Ltd. and others face substantial competition from the regional players worldwide. This has significantly increased the competition among the air handling unit manufacturers over the period of time. Companies majorly focus on providing air handling units using light weight corrosion-free materials.
Key Trends:
  • Development of energy efficient air handling units produced using advanced light-weight materials
  • Strengthening global sales channel in order to maintain and expand the sales
  • Sluggish market growth estimated, especially in the oil & gas sector, for the next few years
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Global Diabetes Devices Market is expected to reach USD 28.2 Bn by 2022, Credence Research

According to the latest report published by Credence Research, Inc. “Diabetes Devices MarketGrowth, Future Prospects and Competitive Analysis, 2016-2022,” the  global diabetes devices market was valued at USD 20.4 Bn in 2015, and is expected to reach USD 28.2 Bn by 2022, expanding at a CAGR of 4.6% from 2016 to 2022.
Market Insights   
With approximately 385 Mn diabetic patients and a burden of 175 Mn undiagnosed population, the burden of diabetes is significant. Lifestyle, increase in obesity prevalence, dietary changes and ageing are some of the critical factors contributing to the growing prevalence of diabetes worldwide. The global diabetes management market is majorly driven by rising disease prevalence, technological innovation, growing preference for automated disease management solutions are the prime drivers of diabetes devices market.
Browse the full report Diabetes Devices: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/diabetes-devices-market
Growth of the global diabetes management devices market is also supported by significant investments, scope of penetration in middle- and low-income countries and increasing awareness in patient population about effective diabetes management and thereby prevention of disease related complications. On the other hand, high costs of novel diabetes management products and monitors, compliance issues, safety concerns and reimbursement issues are some of the market hindrances faced by the diabetes device manufacturers.
This report classifies the overall diabetes devices market into insulin delivery devices and glucose monitoring devices segments. The insulin delivery devices segment studies individual market for insulin pumps, insulin syringes, insulin pens and insulin inhalers. The glucose monitoring products studied in this report include test strips, lancing devices and lancets, glucose meters and continuous glucose monitors. Insulin delivery devices currently take the larger share of the overall diabetes devices market and it is anticipated that the demand for these products shall remain high through the forecast period. Additionally, continuous glucose monitors is anticipated to be the fastest growing segment in the total market, where the growth is facilitated by rapid technological innovation in this field by players such as Dexcom and prove efficiency of these devices in management of both type 1 and type 2 diabetes.
Geographically, North America and Europe are the largest regional markets for diabetes devices. High awareness, diabetes prevalence and evolved reimburse systems for novel drug delivery and monitoring systems are the prime market growth drivers in these regions. Furthermore, Asia-Pacific and Middle East and Africa are the fastest growing regions in the global market. Phenomenal rise in diabetes prevalence in countries such as India, China and Middle East countries are the major growth facilitators in these region.
The overall diabetes devices market is led by F. Hoffmann La Roche through its flagship product line Accu Chek and is followed by Animas Corporation and LifeScan with their wide product offering. Eli Lilly currently is among the top players in the diabetes delivery devices segment.
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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.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com 
Ph: 1-800-361-8290