Friday, 7 October 2016

Global Precision Irrigation Systems Market to Expand with a CAGR of 13% from 2016 to 2023 – Credence Research

According to a new market research report published by Credence Research “Precision Irrigation Systems (Drip Irrigation, Micro-sprinklers & Sprayers, Center Pivot and Linear Move; Agriculture, Sports Grounds, Landscapes & Turfs and Residential)) Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the global precision irrigation systems market is estimated to expand with a CAGR of 13% from 2016 to 2023.
Market Insights:
Precision irrigation systems are being observed as the best irrigation techniques for high water efficiency and productivity. The overall system comprises precise irrigation products connected with the control and management system. The irrigation products typically used for precision irrigation systems are drip irrigation, micro-sprinklers & sprayers, center pivot and linear move irrigation systems. These systems are installed with a control and management system that measures and controls the amount of water and fertilizer to be supplied to the crops/plants. As a result, the overall water efficiency rises substantially thereby increasing the production.
The most significant factor fueling the market growth is the rising need/demand for more efficient irrigation system with automated features for measurement and control. Although traditional irrigation techniques are still dominant in the overall market, developed regions such as North America and Europe have strong demand for advanced irrigation systems. Similar trend is estimated to be followed in the Asia Pacific region where agriculture represents a large sector with high population. The smart irrigation systems market is largely spurred by the rising population coupled with food requirement worldwide.
According to the United Nations, the global population is projected to cross the 8 Bn mark by 2030. This would further result into need for higher food production. Consequently, the adoption of more efficient and convenient irrigation systems is expected to increase significantly in the coming years resulting into higher demand for smart irrigation systems. Nevertheless, the most significant hindrance for the market is the high cost and technical complexities of the precision irrigation infrastructure.
Competitive Insights:
Some of the major companies operating in the precision irrigation systems market are Netafim Ltd., Valmont Industries, Inc., Lindsay Corporation, Jain Irrigation Systems Ltd., The Toro Company, Hunter Industries, Inc. and others. The market specifically for the precision irrigation systems is quite consolidated in nature with few major players occupying the major chunk of revenue globally. These companies emphasize on offering irrigation equipment and control and monitoring system as a whole.
Key Trends:
  • Precision irrigation systems including chemigation and fertigation
  • Irrigation systems with internet connectivity
  • Focus on large untapped markets such as China and India
  • Development of advanced networks comprise large number of sensors for precise moisture/weather conditions monitoring
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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.

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Global Bearings Market is Expected to expand at a CAGR of 7.3% from 2016 to 2023, Credence Research

According to a new market report published by Credence Research, Inc. “Bearings (By End-use Application (Industrial Heavy Machinery (Construction and Mining, Agriculture), Automotive, Electronics and Electrical, Aerospace, and Other End-use Applications), By Type (Plain Bearings, Ball Bearings, Roller Bearings, and Others) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the global bearings market is expected to expand at a CAGR of 7.3% from 2016 to 2023, exceeding US$ 141.3 Bn by 2023.
Browse the full Bearings (By End-use Application (Industrial Heavy Machinery (Construction and Mining, Agriculture), Automotive, Electronics and Electrical, Aerospace, and Other End-use Applications), By Type (Plain Bearings, Ball Bearings, Roller Bearings, and Others) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report athttp://www.credenceresearch.com/report/bearings-market
Product Insights:
A bearing is a machine element that is used to enable linear or rotational movement, while handling stress and reducing friction. Bearings enable machines/devices to roll, thereby reducing friction with the surface. Bearings reduce the friction by substituting sliding friction with rolling friction. Thus, they are widely used to provide superior linear motion or rotation around a fixed axis. The global market for bearings is highly matured and is poised to exhibit steady growth during the forecast period 2016 – 2023.
Competitive Insights:
The global bearings market is matured and concentrated. The top four bearing manufacturers account for the lions share in the global market.  GE SKF Group, NSK Ltd., The Timken Company, Schaeffler Technologies GmbH & Co. KG, and NTN Corporation are identified as the leading bearings manufacturers worldwide. Other manufacturers including Minebea Co. Ltd., Spyraflo, Inc., JTKET Corporation, Federal Mogul Corp., Brammer Plc, HKT Bearings Ltd., C&U Group Company Limited, and NBI Bearings Europe, S.A. among others have been marked as promising and emerging players in the global bearings market. The global market for bearings is price competitive. This has resulted in price wars, and is consequently leading to profit crunching. The innovations in the market are primarily directed towards the development of new materials (ex-silicon nitride ceramics). In addition, focus on developing efficient and application specific bearings is the prime strategy adopted by manufacturers in the market.
Key Trends:
  • Revival of the construction industry post economic slowdown
  • Increased Industrial Production and Agricultural Mechanization
  • Increasing us of high performance raw materials such as silicon nitride ceramics
  • Growing use of light weight bearings in automotive applications
  • Growing use of hybrid bearings in aerospace applications
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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.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
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Thursday, 6 October 2016

Global Rapid Microbiology Tests in Food and Beverages market is expected to reach USD 9.3 Bn by 2022, Credence Research

According to the latest report published by Credence Research, Inc. “Rapid Microbiology Tests in Food and Beverages Market – (Technology Type – Immunology based Methods, Polymerase Chain Reaction, Mass Spectrometry based Methods, Flow Cytometry based Methods, ATP-bioluminescence, Biochemical Tests and Others; End User – Milk and Dairy Products, Bakery and Confectionery Products, Processed Food Products, Mineral Water, Carbonated Beverages, Liquor, Others) :Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the  market was valued at USD 6.1 Bn in 2015, and is expected to reach USD 9.3 Bn by 2022, expanding at a CAGR of 6% from 2016 to 2022.
Browse the full report Rapid Microbiology Tests in Food and Beverages Market: Growth, Future Prospects and Competitive Analysis, 2016-2022 report athttp://www.credenceresearch.com/report/rapid-microbiology-tests-in-food-and-beverages-market
Market Insights     
Rapid microbiological tests are gaining momentum in the global market as a reliable and cost-effective method to track and monitor all types of microorganisms in food and beverages application as well as in other industrial settings. In addition, rapid microbiology tests offer faster and more accurate methods to assist in the rapid detection of microbes in the food and early diagnosis, thus saving cost and inventory. North America held the largest regional market, accounting for the market share of over 32.2% in 2015, and is anticipated to dominate the global rapid microbiology tests market during the forecast period 2016 to 2022.  Large numbers of market-focused players providing wider range of product portfolio are the key to growth of the North America region. Asia Pacific is expected to grow at a highest growth rate during the focus period, due to increase in the number of laboratories in these regions and up gradation of existing ones for automation of various instrumentation systems. Moreover, the market is wide open for advancing rapid diagnostic technologies to improve food and beverage quality, demand for hygienic and healthy products will only intensify the pace of development in the region.
Among the technology types, polymerase chain reaction tests held the largest share in the rapid microbiology tests in food and beverages market due to its wide application and accurate results. Moreover, low cost and high speed would further fuel the market growth of polymerase chain reaction tests. Mass spectrometry based methods is anticipated to grow at a highest growth rate during the forecast period due to its faster turnaround time and accuracy in the detection of the microbes.
Milk and dairy products held the largest share in the end user segment of the global rapid microbiology tests in food and beverages market. Rising number of food borne diseases due to milk and dairy products is the major driver for the increase in the demand for the rapid microbiology tests. Mineral water testing is anticipated to grow at a highest rate during the forecast period of 2016 to 2022 owing to demand for safe water and developing industry norms.
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.

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

According to a new market research report published by Credence Research “Baby Diapers(Product – Cloth Diapers, Disposable Diapers, Training Nappies, Swim Pants) Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the baby diapers market 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.
Market Insights:
India and China represent the largest markets, 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 market growth. The baby diapers market 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 market 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 markets.
One of the most significant factors positively influencing the market 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 market 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 market. China, however, is estimated to register high growth during the forecast period with the growing inclination towards convenient baby care products.

Competitive Insights:
The baby diapers market in India and China is consolidated in nature with a few major players contributing to more than fifty percent of the total market 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 marketing.
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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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.

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
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Mobile Robotics Market is estimated to expand with a CAGR of 10.6% from 2016 to 2023, Credence Research

According to a new market research report published by Credence Research “Mobile Robotics(Unmanned Ground Vehicles (UGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles (USVs), Autonomous Underwater Vehicles (AUVs)) Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the global mobile robotics market was valued at US$ 7.78 Bn and is estimated to expand with a CAGR of 10.6% from 2016 to 2023.
Market Insights:
Mobile robot refers to an automatic machine, capable of performing various tasks assigned, that has mobility feature. With the ongoing technological advancements, the mobile robotic systems are estimated to become as good as assistants for humans across various tasks and activities. These robots are capable of operating/assisting in kitchen appliances, water plants and several other domestic tasks. Over the period of time, mobile robots have found application across various industrial sectors including logistics and warehouses, painting and depainting, inspection, automotive industry, and others. Apart from the industrial sector, mobile robots are used in service sector for applications including defense, healthcare, domestic/residential and other field applications.
The mobile robotics market is highly driven by the overall rising adoption of automation solutions across various application sector. Another major factor bolstering the market growth is the wide adoption of automated guided vehicles across different industry verticals for logistics purpose. Similarly, the mobile robotics market is strongly driven by the high demand for Unmanned Ground Vehicles (UGVs) and Unmanned Aerial Vehicles (UAVs) from the defense and homeland security. UAVs are increasingly being used for surveillance and monitoring in the defense sector and hence the segment is estimated to continue witnessing strong growth during the forecast period, globally.
Competitive Insights:
The global mobile robotics market is highly competitive in nature with market players focusing on establishing presence across different products in the market. The mobile robotics market is highly technology driven making the overall market competitive in nature. National governments are among the largest consumers for mobile robots. Thus, major mobile robot manufacturers have focus on acquiring government contracts for providing defense related mobile robots. One of the major strategies is to lower the prices so as to acquire larger customer base.
The threat of new entrants in the market is relatively low, mainly due to higher initial investment and R&D capabilities required. Nevertheless, governments of various countries such as U.S., Japan and other European countries are encouraging new entrants in the market. This may significantly accelerate the market competition in the coming years. Thus, the existing companies focus on delivering advanced mobile robots capable of performing multiple tasks.
Key Trends:
  • Integration of mobile robots with other smart products such as smart appliances and smartphones
  • Focus on research and development
  • Emphasis on government contracts; expansion across different applications
  • Decline in the overall prices of mobile robots
  • Acquisition and mergers for expanding product portfolio and geographical presence
 
Related Reports:
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.

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
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Wednesday, 5 October 2016

Global Industrial Weighing Equipment Market to Cross US$ 3 Bn Mark by 2023 – Credence Research

According to a new market research report published by Credence Research “Industrial Weighing Equipment Market (Product – Bench Scales, Floor Scales, Load Cells, Belt Weighers, Checkweighers, Weigh Feeders, Truck Scales, Cargo Scales, Rail Scales and Others) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the global industrial weighing equipment market is estimated to expand with a CAGR of 5.4% from 2016 to 2023 to cross the US$ 3 Bn mark by 2023.
Market Insights:
Weighing equipment are among the most integral aspects of industry verticals such as manufacturing, food & beverages processing, transportation & logistics and others. With the steadily rising industrial sector worldwide coupled with increasing international trade, there has been a continued demand for more efficient and reliable weighing equipment across different applications. One of the most significant factor fueling the market growth is the regulations enforced by organizations such as Safety of Life at Sea convention of the International Maritime Organization (SOLAS). These equipment form an important aspect mainly for the following:
  • Weighing for trading and other commercial transactions
  • Weighing for calculating toll, tariff, tax, penalty, remuneration, and other related payments
  • Mass calculation for complying with different laws/regulations/proceedings
  • Weighing in pharmaceutical and laboratorial applications
  • Price calculation
The overall rising industrial growth coupled with the demand for automated and easy to operate weighing equipment is the prime factor fueling the market growth. With the steadily ongoing recovery of the global manufacturing sector, the overall demand for industrial goods (such as weighing equipment) is estimated to continue remaining strong in the coming years. Further prospects for the market include wireless weighing equipment and development of automated weighing equipment. Nevertheless, the market growth is majorly hindered due to lack product differentiation.
Competitive Insights:
The industrial weighing equipment market is quite competitive in nature with manufacturers focusing on increasing their global footprint along with providing high quality, reliable products. One of the major concerns for industrial weighing equipment is the longer lifespan expectancy of the products by consumers. The market has been witnessing single digit growth since the past several years mainly due to higher product life, ultimately resulting into lesser number of units sold. Thus, market players emphasize on developing advanced products so as to attract new customers. Additionally, weighing equipment providers offer rental/lease service to their customers. Another major area of focus is expansion of distribution network.
Key Trends:
  • Expansion of distribution network
  • Focus on India and China by launching price competitive products
  • Targeting transportation and logistics industry
  • Development of programmable weighing systems for varied industrial applications
Related Reports:
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.

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
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Global 3D Concrete Printing Market To Cross US$ 70 Mn By 2023 – Credence Research

According to a new market research report published by Credence Research“3D Concrete Printing Market (Walls, Floors & Roofs, Panels & Lintels; Ready-Mix, High-Density, Precast, Shotcrete) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”,the global 3D concrete printing market stood at US$23.6Mn in 2015and is estimated to expandwith a CAGR of 14.6% from 2016 to 2023.
Market Insights
3D concrete printing is the next big thing for major construction companies across the world. Companies are now increasingly investing on developing 3D concrete printing machine capable of fabricating large concrete structures such as walls, lintels, roofs and also entire house/building. With the emergence of 3D printing technology across different application sectors, construction industry too may soon embrace the cutting-edge technology in order to achieve faster, safer and greener construction. Using 3D concrete printers helps making the overall construction activity economical, environment friendly with more sophisticated designs.
The 3D printing market is majorly driven by the superior advantages of the technology as compared to the traditional construction technique. Some of the most significant advantages observed of using 3D printing technology are listed below:
  • Faster construction process
  • Minimal labor requirement
  • Efficient use of raw materials with minimal wastage
  • Implementation of more sophisticated designs
  • Reduced costs of the overall construction project
  • Less error possibility
Additive manufacturing offers better overall efficiency as compared to the traditional manufacturing processes. As a result, the technology is expected to expand exponentially in the coming years in the construction sector.
Competitive Insights:
The overall 3D concrete printing market is still in its nascent stage and hence fragmented and highly competitive in nature. 3D concrete printing is estimated to be largely used in countries having high labor costs as well as shortage. Thus, companies are currently focusing on reducing the overall price of 3D concrete printers. Another major strategy adopted by the market players is partnership with other players operating in the 3D concrete printing industry. Majority of the partnerships in the market intended towards further research for better and innovative solutions within the 3D concrete printing industry.
Key Trends:
  • 3D printing for constructing complete architectural structure
  • Research for development of innovative solutions for 3D concrete printing
  • Partnership with other firms such as R&D centers and construction companies for further expansion in the sector
  • Focus on residential construction sector
  • Tests for extraterrestrial printed structures using 3D concrete printers
Related Reports:
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.

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
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