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Market Research on Silicone Adhesives And Sealants Market 2016 and Analysis to 2026

Adhesives and sealants have been known since centuries. They are primarily used for bonding of two different substrates. Development in chemicals and polymers technology have brought adhesives and sealants to the next level of industrial solutions. The unique chemicals structure of silicone offers outstanding adhesion properties over other materials. Silicone bonds can resist great stress, pressure and can be stable over extreme temperature conditions. Due to its versatility, silicone adhesives and sealants deliver reliable and long lasting adhesion to different substrates ranging from glass, metals and plastics. Silicone adhesives and sealants offer unparalleled flexibility, resistance to extreme temperatures, durability, outstanding performance and making it suitable for various applications in electronics, aerospace, construction, automotive and healthcare industry.

Various types of silicone adhesives and sealants are available in the market such as one component, two component and UV cured adhesives, which differs on the basis of their functioning and benefits. One component adhesives are more convenient as no mixing is required and it has the ability to cure at normal temperature. While the two component adhesives require mixing and it can cure in thicker parts as compared to one component adhesives. UV cured adhesives use electronic beam for curing without any excessive heat generation. Silicones have unique properties over other adhesives such as temperature stability at high temperature and offers elasticity at low temperature. In addition, silicone has moisture resistance and it is chemically inert which makes silicone adhesives and sealants suitable for many industrial applications.

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Silicone material retains its properties over long period and gives excellent performance as compare to other materials due to strength and flexibility. The unique properties of silicone adhesives and sealants make it suitable for various applications such as sealing wires in electronics, structural glazing of façade in construction and medical tapes in healthcare industry. The ability to resist chemicals and water, they have been used for sealing engines and gaskets in the automotive industry. 

Silicone Adhesives and Sealants Market Segmentation

The global silicone adhesives and sealants market can be segmented on the basis of type, composition and end-use

Based on the type, global silicone adhesives and sealants market can be segmented into

  • One Component

  • Two Component

  • UV Cured

Based on the composition, global silicone adhesives and sealants market can be segmented into

  • Alkoxy Silicones

  • Acetic Silicones

  • Oximinics Silicones

  • Amino Silicones

Based on the end-use, global silicone adhesives and sealants market can be segmented into

  • Construction

  • Automotive

  • Marine & Aerospace

  • Electrical & Electronics

  • Healthcare

  • Packaging

  • Other End Use Industries

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Silicone Adhesives and Sealants Market Dynamics

Rising use of UV curing technology and thermosets in the manufacturing of product is expected to enhance production speed, improve scratch resistance and provides superior bonding, which in turn is expected to emerge as the most significant growth driver for global silicone adhesives and sealants market over the forecast period. Further, growing demand of adhesives in the construction industry owing to their various physical and chemical properties as compared to other sealants including polysulfide, acrylic and polyurethane is expected to fuel the demand of silicone adhesives and sealants and thus driving the global silicone adhesives & sealants market.

Silicone adhesives and sealants market is growing with faster pace and trend is likely to continue for the next decade. Asia-Pacific, the largest market for silicone adhesives and sealants is the main contributor for the growth of this market. However, volatile organic compound in silicone adhesives and sealants and rising consumer awareness for environmental safety is expected to restrain the growth of silicone adhesives and sealants. This limits the growth of global silicone adhesives and sealants market.  

Silicone Adhesives and Sealants MarketParticipants

Examples of some of the key players identified in the global silicone adhesives and sealants market include 3M, Henkel Corporation, ALSTONE, Mc Coy Soudal, Dow Corning Corporation, Momentive, Aerol Formulations Private Limited, Wacker Chemie AG, MASTERBOND, AVERY DENNISON, Sika AG, ACC Silicones Ltd., American Sealants, Inc., Novagard Solutions, NITTO DENKO CORPORATION. Companies are largely focusing on product innovation for providing exceptional performance of the silicone adhesives and sealants.

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Market Research on Aerospace Fasteners Market 2016 and Analysis to 2026

Fasteners are the hardware components which are used to mechanically join two or more objects together. In the same context, aerospace fasteners are special grade hardware devices, used to connect parts of aircraft during original equipment manufacturing and aftermarket servicing. Aerospace fasteners are broadly used in commercial aircraft, military aircraft, ballistic missiles, rockets and satellites. Aerospace fasteners are made under strict regulations and standards so as to withstand high fatigue loading and drastic temperature changes. Manufacturers are focused to introduce aerospace fasteners with light weight and high strength metallurgical structure in order to provide increased life and reliability rate along with enhanced fuel efficiency of the aircraft.

The number of fasteners required in a typical aircraft could reach to millions in the form of nuts, bolts, pins, rivets, washers, etc. Growing defense and space exploration activities are contributing significantly to the growth of aerospace fasteners market. Commercial civil aviation industry, owing to increase in number of passengers travelling by air route, is growing at an unprecedented annual rate, creating significant demand for commercial aircrafts. This, in turn, is expected to push market growth of global aerospace fasteners market over the forecast period of 2016-2024.

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Aerospace Fasteners Market: Dynamics

The civil aviation industry is on the rise and competition among major airline companies has intensified. Unlike during the past, air traveling has no longer remained a luxury and more people are preferring air mode of transportation. Governments across the world are solidifying their air defense and strong demand for aircrafts exists both in commercial and military aircraft segments. With growing overall aircraft demand, market for aerospace fasteners is expected to witness significant growth over the forecast period. Upgraded technology and invention of more sophisticated and reliable materials are further anticipated to boost up the aerospace fasteners market from supply side. Moreover, replacement of aging aircrafts with Next-Gen aircrafts is another factor fueling up aerospace fasteners market globally. Whereas, high production cost, less availability of high grade materials and unexpected failure of fasteners are some of the major challenges existing in global aerospace fasteners market.

Major aerospace fastener companies are involved in business development strategies like merger & acquisition in order to spread their reach in targeted nations. Providing high quality and cost effective aerospace fasteners in stipulated time is another key strategy followed by key manufacturers to gain market position.

Aerospace Fasteners Market: Segmentation

The global aerospace fasteners market is segmented on the basis of aerospace application, type of fixing, product type, materials and head type. On the basis of application, aerospace fasteners market can be segmented as commercial aerospace and military aerospace. On the basis of product type, aerospace fasteners market can be segmented as pins, bolts, studs, screw and rivets. On the basis of material, aerospace fasteners market can be segmented as aluminum, steel, super alloys and titanium. On the basis of head type aerospace fasteners can be segmented as 12 points (Double Hex), 6 lobe recess, Dee, Rectangular, Screw, and others. Based on type of fixing, the market can be segmented as permanent fixing and temporary fixing.

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Aerospace Fasteners Market: Region-wise Outlook

The global aerospace fasteners market is segmented into five key regions, namely North America, Latin America, Middle East & Africa, Asia-Pacific and Europe. Europe and United States with developed aerospace industry represent leading regional markets, capturing a substantial share in the global aerospace fasteners market. Developing infrastructure and generous strategies of governments in Asia-Pacific is expected to gain high market growth over the coming years.

Aerospace Fasteners Market: Key Players

Major players in the global aerospace fasteners market include 3V Fasteners Company Inc., Alcoa Fastening Systems, TriMas Corporation (Allfast), B&B Specialties Inc., B/E Aerospace, Stanley Engineered Fasteners (Emhart Teknologies LLC), LISI Aerospace, National Aerospace Fasteners Corporation, Precision Castparts Corp., TFI Aerospace Corporation, TPS Aviation Inc., etc.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Regenerative Artificial Skin Market Forecast and Segments, 2016-2026

Skin is the biggest organ in the body also it is one of the most important organ in the body. Skin act as a barrier between outside environment and inside body environment. Skin help to maintain moisture level in the body. Skin is responsible for the temperature regulation in the body through sweating. Skin protects body by keeping harmful bacteria outside the body. Skin have many nerve ends, this helps to respond heat, pressure, touch, cold and pain. Skin helps to synthesis Vitamin D, which is required for normal bone and teeth growth. Skin has two layer epidermal layer and a dermal layer. The epidermal layer is the outer layer that acts as the body’s major barrier against uncertain conditions. The dermal layer is the layer of skin between the epidermal and the subcutaneous tissues. Accidental skin burns are increasing day by day. Life threatening skin injuries, traumas and burns requires immediate surgical procedure to restore skin and avoid future complications. Skin burn may be due to heat, fire, radiation or chemical. Skin burns are of three levels i.e. 1st, 2nd, and 3rd degree burns. A first degree burn affects the only outer layer of skin cause redness, pain and swelling, a second degree burn effects on the outer layer as well as under skin layer and may extends downward into the dermis. Third degree burn affects the all layer of skins and deep to the internal organs. Artificial skin are generally prepared from collagen which is easily resorbed by body helps to generate the new skin on the affected part. Continuous research are carried out by various companies to develop new technology in the artificial skin regeneration, such as autologous spray on skin by Avita Medical.

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Regenerative Artificial Skin Market: Drivers and Restraints

Regenerative artificial skin market is expected rise owing to rising incidence of the burns and increased accidents involved fire. Apart from this, increased skin diseases, harmful acid accidents and major body surgeries positively impact regenerative artificial skin market over the forecast period. However regulatory approve of regenerative artificial skin act as hamper the growth of market. Also acceptance by body, sterile product and nutritional supply to regain the natural structure hamper the growth of regenerative artificial skin market.

Regenerative Artificial Skin Market: Segmentation

Global regenerative artificial skin market has been segmented on the basis of material type, end user and region.

Based on the material type, the regenerative artificial skin market is segmented into the following:

  • Temporary skin material

    • Single layer material
    • Bi-layered material
  • Permanent skin material

    • Epidermal skin material
    • Dermal skin material
  • Composite skin material

    • Skin graft

      • Allograft
      • Xenograft
    • Engineered skin material

Based on the end user, the global regenerative artificial skin market is segmented into the following:

  • Hospitals
  • Clinics
  • Burn care centers

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Regenerative Artificial Skin Market: Overview

Global regenerative artificial skin market is undergoing changes due to the burn management reforms in several nations like United States, United Kingdom and Australia. Furthermore several companies in the market place increasing their product portfolio in regenerative artificial skin market may change the market dynamics over a given period of forecast. By material type, sub segment such as engineered skin material in the global regenerative artificial skin market are expected to grow in positive traction owing to its immediate capability composite skin material and success rate in artificial skin regeneration. According to The American Burn Association estimated that in 2015, 486,000 population receive medical treatment for minor burns and 70,000 population are hospitalized for sever skin burn for acute care.

Regenerative Artificial Skin Market: Region-wise Outlook

Geographically, regenerative artificial skin market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America and Europe will remain key markets for regenerative artificial skin market due to deeper market penetration of the procedures and strong presence of big players in the market. Asia Pacific is anticipated to register positive growth owing to increased cosmetic surgeries and rising incidence of the accidental burns.

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Regenerative Artificial Skin Market: Key Players

Some of the key players in the Global regenerative artificial skin market are Integra Life Sciences Corporation, Mylan N.V., Johnson & Johnson Services, Inc. Smith & Nephew and Mallinckrodt plc.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Polyurethane Resins Paints and Coatings Market Global Industry Analysis, Trends and Forecast, 2014-2020

Polyurethane resins are produced by the reacting polyalcohol and an organic di-isocyanate. Polyurethane resins are extensively used in applications such as surface coatings, footwear, furniture and packaging. Polyurethane resin paints are characterized by properties such as high durability, toughness, easy cleaning and high gloss. Owing to these properties, polyurethane resin paints finds wide spread applications across the globe. Polyurethane resin paints are also used where high performance is expected, in applications such as oil-rig towers, warehouses, industrial plants, heat resistant coatings, bridges etc.

Paints perform the vital role of protecting the surfaces from rust and weathering, increasing durability and also increasing the visual appeal of the products. Polyurethane resin paints are used in various applications such as wood coatings, aircraft coatings, construction etc. The demand for polyurethane resin paints is expected to witness strong growth from the furniture segment where polyurethane resin paints are used to paint the surface of wooden furniture. Interiors and furniture coating is one of the major end-user industry of polyurethane resin paints. Polyurethane resin paints are used are used for applying protective layer over wooden furniture in order to protect the wooden surfaces. Economic growth in Asia Pacific and Latin America coupled with growing disposable income in these regions, have led to an increase in demand for furniture products and this in turn is expected to drive the demand for polyurethane resin paints and coatings used in furniture applications. Polyurethane resins coatings are also used for marine applications across the globe. Other applications where polyurethane resin paints and coatings can be used include heavy duty exterior and interior structural coating, exterior surfaces of steel tanks, clean rooms, conveyors, chemical processing equipments, paper mills, power plants, offshore structures, oil field machinery, handrails, etc.

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The demand for polyurethane resin paints and coatings is also expected to see robust growth from the marine industry. Increasing demand and sales of leisure boats globally is expected to drive the demand for polyurethane resin paints and coatings market in the near future. The demand for boats has seen a significant increase in countries such as U.S further adding to the demand for polyurethane resin paints and coatings. Growing construction activities globally is also expected to increase the demand for polyurethane resin paints and coatings in the next few years. Polyurethane resin paints and coatings are also used for applying protective base layers to various products. The demand for polyurethane resin paints and coatings from automobile sector is also anticipated to exhibit strong growth in the next few years.

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In terms of consumption Asia Pacific was the highest consumer of polyurethane resin paints and coatings followed by North America, Europe and Latin America. In Asia Pacific, China and India were the major markets for polyurethane resin paints and coatings. The demand for polyurethane resin paints and coatings is higher in these countries on account of growing disposable income in this region and growing expenditure on furniture and interiors. In Latin America, Brazil is the major market for polyurethane resin paints and coatings. The demand for polyurethane resin paints and coatings is also expected to be high in Middle East and African countries on account of growing construction activities in these regions.

Some of the major companies operating in the global polyurethane resin paints and coatings market are BASF SE, Sherwin Williams, Henkel, Lubrizol, DSM, and Arkema among others.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Biobased Propylene Glycol Market Global Industry Analysis, Trends and Forecast, 2014-2020

Propylene glycol, also known as 1,2-propane-diol, is a multifunctional chemical used in several industrial fields, pharmaceuticals, food and cosmetics. Conventionally, it is obtained from petroleum based feedstock for industrial scale production. Recent developments have uncovered a new technique for obtaining propylene glycol from corn starch. The process involves production of carbohydrates from starch.

Biobased products are adopted on the premise that they are environment friendly attributed to their renewable origin. However, environment friendliness of any product depends upon various factors some of which include emission of green house gases throughout various steps involved in a products lifecycle, i.e., from raw material production to degradation of after-use residues through production, distribution and end-use. Some biobased products might be environment friendly until they are converted to finished products but might breakdown into toxic residual materials. Biobased propylene glycol process was compared to the petroleum based route to find out the environment friendliness of both methods by Archer Daniels Midland Company. The results showed that there is a 61% reduction in green house gases emissions, proving that biobased propylene glycol performs better than petroleum based propylene glycol in terms of carbon footprints. 

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Propylene glycol is a multi functional material that can be utilized for several applications. It can serve as solvent, connect and stabilize insoluble fluids as an emulsifier, help in binding and transportation of other substances as an excipient. It can also be used to hold and dissolve active ingredients in a medium, attract, hold, water or moisture as an hygroscopic material, reduce freezing point, and increase boiling point.

Regulatory pressure to reduce carbon footprint and a general shift towards environment friendly products to enhance sustainability of processes is expected to drive the market for biobased propylene glycol. Additionally, with increase in disposable income of the rapidly growing population the market of personal care products and food products is expanding due to the escalating demand. This, in turn, adds to the demand for biobased propylene glycol. However, competing uses of the biobased feedstock sources such as corn and soy as foods and biofuels might hamper the market growth by causing supply shortages. Furthermore, supply of raw materials also depends upon the yield of the crops and the number of farmers undertaking the production of corn and soy.

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Polypropylene glycol is primarily used as a chemical intermediate, especially for unsaturated-polyester resins utilized in surface coatings and fiberglass reinforcement for structures. Polypropylene glycol is also utilized for the production of industrial chemicals and personal care products, cosmetics and pharmaceutical preparations and solvent for colors and flavors in food, liquid detergents & household products, plasticizers, pet food, lacquers & varnishes and tobacco humectants.

North America and Europe are likely to be the leading markets supported by strict regulations regarding carbon footprint, green house gases emissions and sustainability initiatives. U.S. in North America and Brazil in South America are among the largest producers of corn and soy, which secures supply of the raw materials for biobased feedstock production in these regions. Asia Pacific and Rest of the World markets are expected to grow rapidly with initiatives being taken towards sustainability and reduced carbon footprint. China and Japan are leading in shift towards sustainable processes and reduction in carbon footprint of the industries in the region. This is anticipated to fuel growth of biobased propylene glycol in these regions.

Some of the key players producing biobased propylene glycol include Archer Daniels Midland Company, Ashland Incorporation, Cargill and the Dow Chemical Company.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Polyvinyl Chloride (PVC) Market Global Industry Analysis, Trends and Forecast, 2014-2020

Polyvinyl Chloride generally known as PVC is a polymer which is widely produced after polyethylene and polypropylene. It is said to be the third largest most widely produced polymer. PVC is preferred against traditional materials that include iron, copper or wood in a number of profile applications due to its operational efficiencies and benefits. Pure polyvinyl chloride is a brittle solid white in color and slightly soluble in tetrahydrofuran whereas insoluble in alcohol. It can be made flexible and soft by adding plasticizers and phthalates. In flexible and soft form, PVC is used in electrical cable insulation, plumbing and inflatable products and some applications which can replace rubber. PVC has high mechanical and hardness properties, which enhance along with molecular weight and gradually decrease with rising or increasing temperature. PVC decomposes at high temperature as its heat stability is very poor. It has good insulation properties but owing to its high polar nature, its electrical insulation property is less significant to non-polymers that include polypropylene and polyethylene.

Polyvinyl Chloride can be produced from a wide range of hydrocarbons such as derivatives of plants including sugarcane and coal. Currently, PVC is produced from ethylene, which is a product of oil and gas industry. It is therefore known as a petrochemical product. Polyvinyl Chloride has a wide range of applications, which include electric cables, pipes, unplastisized polyvinyl chloride for construction, furniture and clothing, healthcare and plasticizers among others. It exists in a wide range of consumer products that include bottles, credit cards, cling films and packaging among others and construction materials such as window frames, pipes, cables, flooring and wallpaper among a range of products.

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The PVC production costs are based on types of production expenses that include raw materials such as chlorine, ethylene and acetylene. In Asia Pacific, the PVC costs are highly influenced by PVC prices in China, hence, in addition to ethylene prices; acetylene is widely used in the production of PVC and therefore has growing importance in this region.

The construction industry is the major driver of global PVC market owing to a wide range of applications in the household, commercial and industrial sectors. Due to improving infrastructure and housing conditions in the developing economies are expected to maintain the demand for PVC. Long-term demand for PVC depends on the renaissance of the construction markets in the urbanized economies.

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The key segments for PVC market include the North America, Asia Pacific, Europe and Rest of the World (RoW). The demand for PVC remains moderate in Europe due to debt crisis along with depressed business climate and due to slow monetary recovery. Owing to huge manufacturing facilities in China, Asia Pacific is expected to be the fastest and largest growing market for PVC. The collapse of the building and construction industry in North America was the major reason for stagnant demand for PVC in this region. In addition, sluggish growth in construction industry in the large economies such as Italy, Germany and U.K. lead to stagnant demand in Europe.

The major companies profiled in the PVC market are: Aiscondel, Arkema, Chemplast Sanmar Limited, Chemson Group, Formosa Plastics Corporation, INEOS Group Ltd, LG Chem, Shin-Etsu Chemical Co., Ltd, Mitsubishi Chemical Corporation, Occidental Chemical Corporation, Solvay, Vinnolit GmbH & Co. KG, PolyOne Corporation and Georgia Gulf Corp among others.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Research Report and Overview on Smart Power Technologies Market, 2015-2025

Smart power technologies incorporate all aspects of electrical power generation as well as power distribution, with an emphasis on environmental sensitive issues and sustainable technologies. Smart power technologies enables generation of more energy from the same amount of resources.

Smart power technologies market is majorly segmented into sector, type, device and region. On the basis of sector the smart power technologies market is segmented into energy and utilities sector, public sector, manufacturing sector, transport sector, healthcare sector and telecom sector. Smart power generation source typeincludes solar, wind, electro-chemical and other source. On the basis of device the smart power technologies market can be further segmented into lower power device, medium power device and high power device. Region wise the global smart power technologies market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia pacific, and Middle East and Africa (MEA).

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Growing awareness among people and businesses for deployment of environment friendly products in order to reduce carbon emission is expected to boost the demand for smart power technology devices. Growing energy need across the world due to increasing population, high requirement for energy efficient products and reduction of cost of operations due to usage of renewable resources for smart power generation are some of the factors, which are projected to accelerate the growth of smart power technologies across the world.

Some of the restraints which are hindering the growth of global smart power technologies market to some extent are huge investment associated with the establishment of smart power generation plants and production, high cost of raw materials and demand for cheap and efficient power products by end users.

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In order to outperform competitors, key players in global smart technologies market focuses on product innovation and introduction of new enhance products. Additionally, high investment on research and development activities is another major strategy followed by the major players in smart power technologies market. Furthermore, major companies in smart power technologies market focus on expanding their footprints across the world in order to enhance their customer base as well as profit margin. For example, in April 2015, Wärtsilä Corporation announced to build two new smart power generation power plants in Oman, for Rural Area Electricity Company (RAECO).

Smart Power Technologies Market: Key Players

Some of the major players identified in the global smart power technologies market are Smart Power Devices Ltd., Smart power technologies LLC, Texas Instruments Incorporated., STMicroelectronics N.V, RICOH Electronic Devices Co., Schukat Electronic Vertriebs Gmbh and Wärtsilä Corporationetc.

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ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Research Report and Overview on Electric Wheelchair Market, 2015-2025

Electric wheelchairs are also called as power chairs or electric ?power wheelchairs. They do not require any human assistance for mobility as they are powered by battery. Most obvious advantage of electric wheelchair is that they are user friendly and convenient. These electric wheelchairs are useful for those unable to use manual wheelchair or who may want to use wheelchair for travelling longer distance and in such case using manual wheelchair is very difficult. Apart from people with traditional mobility disability, they may also be used by people with cardiovascular diseases or who met with any accidental conditions.

Electric Wheelchair Market: Drivers and Restraints

Factors which are driving the growth of global electric wheelchair market are growing worldwide elderly population, necessity of automated wheelchair for disabled people and high disposable income of people from developed countries such as UK, France, Germany, US, Canada and Japan. Furthermore increasing demand of advanced wheelchairs from sport industry is also influencing the growth of electric wheelchair market, as many sport events are organised specially for disabled persons.

Apart from several advantages, global electric wheelchair market is also facing some challenges such as high cost of electric wheel chair and lack of awareness and infrastructure. However this issues are expected to reduce during forecast period

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Electric Wheelchair Market: Segmentation

The Global Electric wheelchair market is segmented on the basis of product type and region. By product type, the electric wheelchair market can be segmented as centre wheel drive electric wheelchair, front wheel drive electric wheelchair, standing electric wheelchair, rear wheel drive electric wheelchair and others. Among all this product types, centre wheel drive electric wheelchair held largest revenue share and represents more than 50% of total market in 2014. Front wheel drive electric wheelchair is expected to be second largest growing type after centre wheel drive electric wheelchair and estimated to conquer significant growth in near future.

By region, the market is segmented into seven major region such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan as a separate region and Middle East and Africa (MEA). Current global electric wheelchair market is dominated by North America region however in recent future developing economies such as China, India and Brazil are expected to drive the demand for electric wheelchairs.

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Electric Wheelchair Market: Region ?wise outlook

The global electric wheelchair market is estimated to witness robust growth through 2025 due to growing technological advancement in electric wheelchair industry, new products are equipped with gadgets for accessibility and control. North America region led the market in 2014 in terms of highest demand. In US, government provides medical insurance to people over age of 65, which also helps them to get medical facilities at subsidized rates. High purchasing power, increasing elderly population and consumer awareness and inclination towards more sophisticated technology driven the progress of electric wheelchair market in this region. In coming years, developing countries such as India, China and Brazil expected to boost the demand of electric wheelchairs. It is mainly because of gradual increase in consumer awareness and development of medical facilities in this region.

Electric Wheelchair Market: Key Players

The key international players operating in electric wheelchair market includes OttoBock Healthcare GmbH, Invacare Corp., Pride Mobility Products Corp., Permobil AB, Sunrise Medical Limited, Hoveround Corporation, LEVO AG, Invacare Corp., MEYRA GmbH, Medical Depot, Inc., GF HEALTH PRODUCTS, INC and Others. All these key players are focusing on delivering best value products to their customers. Customised offering and product innovation is a common strategy adopted by most of the key players. These electric wheelchair manufactures offers large variety and different sizes of wheelchairs to meet demand of individuals depending upon their weight and height.

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Research Report and Overview on 3D Printing Market, 2015-2025

3D printing is also referred as additive manufacturing, it is a process by which three dimensional solid objects are made from digital file. Additive process is used for creation of 3D object. In this process, products are built through layering, which avoid intervention of drilling, cutting etc. This technology is mainly beneficial for production of spare parts, which are otherwise very difficult to obtain. Manufactures nowadays are moving from mass production to low volume production of products which can be used across different industries.

3D printing materials provide various advantages such as high sensitivity, durability, stability and flexibility. Other advantages include reduction in time-to-market of new products and elimination of raw material wastage. Major application of 3D printing technology is done into industries like consumer goods, healthcare, aerospace and automotive. Out of which automotive industry is the largest end user segment of 3D technology and expected to remain dominant in future. Followed by healthcare industry, in which 3D printing is majorly used for production of dental implants and hearing shells. In aerospace and automotive industry 3D printing technique is used to reduce cost and increase productivity. This technique ensures quality of parts used in aircrafts and automobiles.

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Global 3D Printing Market Segmentation

By use of raw material the market is further sub segmented into metals, ceramics, polymers and others. End user application of 3D printing is done in industries like, consumer goods, healthcare, aerospace and automotive etc. Out which application of 3D printing in healthcare sector is expected to grow rapidly which further boosting the overall market growth of 3D printing. Aerospace and automotive are the largest end user segment and expected to grow fastest in future.

Global 3D Printing Market: Region-wise Outlook

North America is largest region in terms of market share, it is because of high development of 3D technology in this region. Also, large number of dental labs in North America is fuelling the market growth. Asia-Pacific and Europe market is also expected to grow rapidly in future. In Asia-Pacific region the largest market is Japan, it is because of favourable government policies, increasing spending of government on development of printing technology and high sale of professional-grade printers. China is second largest player in Asia-Pacific region.

Global 3D Printing Market: Drivers

Global 3D printing market is expected to grow enormously in coming years. Factors driving the growth of markets are, increasing spending by market players on product development and research & development activities, increasing regulatory support from government, growth in end user segments and ease of manufacturing. High material cost, unavailability of and poor quality of material is expected to be a restraining factor for market growth. Some other restraining factors includes, lack of talent to use and manage this technology, lack of training and lack of accessibility of technology. Technological development in healthcare industry increases the application of 3D printing, which provides good opportunity for market expansion and growth.

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Product innovation and increasing spending on research & development are the major trends followed by the market players. Manufacturers are focusing on creation of low volume and low cost products which can be used across various industries. At present market is facing issues of intellectual property and copyright infringement, which should be taken into consideration by key players.

Global 3D Printing Market: Key Players

Key players into 3D printing market are Stratasys Inc., Concept Laser GmbH, 3D Systems, Inc., Arcam AB, 3D Systems Corporation, Optomec, Microtec Gesellschaft Fur Microcomputervertrieb MBH, EOS GmbH ExOne GmbH and Materialise NV. Increasing competition among these key players is expected to resulting into cost reduction of 3D printing products which will further increase product demand.

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Smart Glass Market Dynamics, Segments and Supply Demand 2015-2025

Smart Glass Market Overview

Smart glass is also known as switchable glass or magic glass. Smart glass changes its light transmission properties when light, voltage or heat is provided to it as a stimulus. Smart glass is used usually in doors, windows, partitions and skylights in residential as well as commercial buildings. They can be controlled manually as well as automatically. Smart glasses help in reducing cost of heating, air conditioning and lighting.

Smart Glass Market Dynamics

Smart glass has various advantages, such as energy efficiency, user comfort and reduced carbon emission. Due to these advantages, the use of smart glass has increased in personal vehicles. Global smart glass market is estimated to register significant growth rate during the forecasted period. Factors that are driving the growth of the global smart glass market include growing adoption of green initiatives, such as eco-friendly and green buildings, non-electric technologies, such as thermocronics etc. Increasing demand of smart glasses in automobile and aviation industry is also fuelling the growth of global smart glass market.Government support and initiatives all across the world has also helped provide an impetus to the smart glass market.

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Factors which are restraining the growth of global smart glass market are high cost as compared to their alternatives, slow response of large sized smart glass, concern while maintaining exact colour balance, and a general lack of awareness about their benefits. In the near future, global smart glass market is estimated to witness commercialization, it will be in terms of enhanced operation efficiency and cost efficiency, and wide range of applications and incorporation of advanced materials.

Smart Glass Market: Segmentation

Global smart glass market is segmented on the basis of verticals, technology and regions. On the basis of verticals, the market is further sub-segmented into various industrial verticals such as transportation, infrastructural development, and electronics industries. Infrastructural development sub-segment is further categorised as residential, commercial and architecture. Among these verticals, infrastructural development is largest in terms of market share. It is mainly because of increasing demand of smart glasses in architecture. Smart glass in architecture helps in controlling light and heat. Use of smart glass is also growing in residential and commercial buildings in the form of doors, windows, partitions and skylights. Followed by infrastructural development, transportation vertical is second largest in terms of market share with high growth potential during forecasted period. In transportation vertical, smart glasses are used in automotive, aviation, car or bus and in marine.

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On the basis of technology, the market is sub segmented into thermochromic device, electrochromic devices, liquid crystal devices, suspended particle devices and micro blinds. Liquid crystal technology based smart glass is usually used in electronic devices. In automotive and architectural applications, electrochromics and suspended particle devices are used commonly; for power generation application, thermochromic and photochromic technology is used.

Smart Glass Market: Region-wise Outlook

On the basis of regions the market is further sub-segmented into seven regions, North America, Latin America, Asia-Pacific (excluding Japan), Japan as a separate region, Western Europe, Eastern Europe and Middle East & Africa. Out of all these regions, North America dominates the global smart glass market in terms of high production as well as consumption of smart glasses. But it is estimated that European market will grow significantly in near future due to its architectural advancement i.e. presence of large size windows in residential as well as commercial buildings compare to North America’s buildings, updated building construction and efficiency standards of government. Owing to these advantages, it has been forecasted that the European market will overtake the North America smart glass market.

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Smart Glass Market: Key Players

Key players in the global smart glass market are Vision Systems, PPG Industries Inc., Asahi Glass Company Ltd., Research Frontiers Inc., Corning, INC., RavenBrick LLC, Sage Electronics, Pleotint LLC, Hitachi Chemical Co. Ltd. And Smartglass International. These industry participants are following common strategy of technology licensing and vertical integration. Also it has been observed that market players are focusing on collaboration and partnership with flat glass producers, material science and chemical companies and Insulating Glass Unit (IGU) manufacturers.

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Cardiac Assist Devices Market Dynamics, Segments and Supply Demand 2015-2025

Heart Failure (HF) is a potentially life-threatening condition that weakens the heart muscle, reduces its ability to pump enough blood throughout the body. Even without a heart transplant, patients' lives can be extended and improved with the use of small, implantable devices called Cardiac Assist Devices.

Cardiac Assist Devices (CAD) are type of mechanical pumps that work along with the heart to improve its pumping efficiency and maintain the optimum blood flow throughout the body. The devices are typically employed in patients suffering from End-Stage Congestive Heart Failure, where the chances of survival through oral medications alone become minimal. The scarcity of donor organs has led to the development of these devices.

Globally, there are around 23 million cases of HF and around 5.8 million people in United States have HF. About half of the people who develop heart failure die within 5 years of diagnosis.

Cardiac Assist Devices Market: Drivers & Restraints            

The Cardiac Assist Devices market is driven by aging population, increasing prevalence of HF, high adaptation rates of these devices, and new technology innovations.

Increasing rates of cardiovascular diseases and aging population has boosted the cardiac assist devices market globally. The shortage of donor hearts for transplantation is also leading to an increase in adoption of cardiac assist devices in patients with end-stage heart failure.

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Cardiac assist devices are also being used as a Bridge-To-Transplantation (BTT), Bridge-To-Recovery (BTR) or Destination Therapy (DT), depending on the requirement of the patient and the severity of the disease. Technological advancements that make the devices more efficient and minimally invasive are expected to further drive the demand for cardiac assist devices in the future.

Presence of alternative treatment like heart transplantation, pacemaker and etc. and the few risk which are associated with the device implantation, such as development of blood clots, respiratory failure and device failure and other surgical complications such as bleeding, kidney failure, stroke and infection. Such complication are acting as a barrier in the adoption of such treatment and devices.

Cardiac Assist Devices Market: Segmentation              

The global market of cardiac assist devices is segmented into following types:

  • Ventricular Assist Devices (VAD)

  • Intra-Aortic Balloon Pumps (IABP)

  • Total Artificial Heart (TAH)

Further, Ventricular Assist Device (VAD) are segmented into the following types based on the defect and placement of the device.

  • Left Ventricular Assist Device (LVAD)

  • Right Ventricular Assist Device (RVAD)

  • Bi-Ventricular Assist Device (Bi-VAD)

  • External Ventricular Assist Device (VAD)

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Cardiac Assist Devices Market: Overview            

With rapid technological advancement and wide acceptance of cardiac surgery procedures among patients with heart problem, the global cardiac assist devices market is expected to exhibit a double-digit growth in the forecast period (2015-2025).

With FDA approving SynCardia System’s Total Artificial Heart to conduct clinical studies on destination therapy, more and more end stage heart failure patient will be benefit from this nature of therapy and the market is expected to  expand significantly in the forecast period.

Cardiac Assist Devices Market: Region-wise Outlook                    

Depending on geographic regions, global cardiac assist devices market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America is the leading markets for cardiac assist devices with highest prevalent cases with heart failure, technological development, high patient awareness and reimbursement coverage for CAD implantation procedures. Europe is the second largest market followed by Asia Pacific and Japan.

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Cardiac Assist Devices Market: Key Players        

Some of the key market players in global cardiac assist devices market are Thoratec Corporation, MAQUET GmbH & Co., Teleflex Incorporated, Heart Ware International, Berlin Heart GmbH, ABIOMED and SynCardia Systems, Inc.

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Endoscopy Visualization Systems and Components Market Industry Analysis, Trend and Growth, 2015-2025

Endoscopy visualization system is a high definition (HD) video system used in all kind of endoscopic surgeries. These systems have improved the quality of images while viewing a wide range of open and minimally invasive surgical interventions and diagnosis.                 

The equipment is aided to examine several kind of disease indications such as Cancer, Gastrointestinal (GI) disorders, Gynaecological disorders, Lung disorders and Nephrology and Urological disorders. With the extensive use of such devices in healthcare facilities, the market for Endoscopy Visualization Systems and Components has great potential to expand during the forecast period.

Endoscopy Visualization Systems and Components Market: Drivers & Restraints

The demand for the endoscopy visualization system and components market is expected to increase at a significant growth rate. With technological advancement, cost-effective endoscopic treatments and procedures, increased demand of minimally invasive surgeries, fast recovery, productive insights and innovations such as 3D systems with HD technology, growing access to trained clinicians and rising healthcare expenditure in emerging markets, this market is anticipated to grow in the forecast period (2015-2025).

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With more number of players entering the endoscopy visualization system and components market, there is increased competition with regards to technology, high equipment purchase cost, regulatory approval process and cut in healthcare spending. These factors remain the key restrains for the endoscopy visualization system and components market.

Endoscopy Visualization Systems and Components Market: Segmentation

The endoscopy visualization system and components market is broadly classified into three segments

  • High End Visualization System

  • Middle End Visualization System

  • Low End Visualization System

Amongst all, high end visualization system segment is anticipated to account for majority of the endoscopy visualization system and components market.

The components segment is further classified into:

  • Camera

  • Monitor

  • Light source

  • Insufflators

  • Printers

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Endoscopy Visualization Systems and Components Market: Regional Outlook

Depending on geographic regions, global endoscopy visualization systems and components market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America and Western Europe dominated global endoscopy visualization systems and components market in terms of market revenue.  In emerging economies, such as South-East Asia, India, Brazil and China, endoscopy visualization system and components market is anticipated to show remarkable growth during the forecast period, 2016?2025, due to increase in installation of these devices in healthcare facilities and more healthcare professional gaining access to such technologies .

Endoscopy Visualization Systems and Components Market: Key Players

The Key players in operating in endoscopy visualization system and components market are Olympus Corporation, Hoya Corporation, Karl Storz GmbH, Stryker Corporation, Richard Wolf GmbH, Fujifilm Holding Corporation, Conmed Corporation and others.

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Vascular Closure Devices Market Global Industry Analysis, size, share and Forecast 2016-2026

Vascular closure devices are usually a suture or a metallic clip or a piece of collagen which is designed in a peculiar so as to seal the punctured artery. The artery is punctured for certain medical investigations like angiography, or such vascular closure devices have application in attaining hemostasis of the hole which is due to the cardiovascular procedure requiring catheterization. These devices were firstly introduced to the market in the early 1990s. Since then the vascular closure devices has gained a significant growth due its single yet crucial application in the closure of the punctured artery. They also help in reducing the patient discharge and the ambulation time. Before the invention of vascular closure devices, the method closure for the arterial puncture was manual compression. The manual compression required for the closure was up to 30 times the manual pressure. There were other methods too for vascular closure, involving few complications. In the initial phase vascular closure devices concentrated more on the concept of collagen plug and suture. They were successful in the closure along with intravascular component in the artery, which may lead to complications.

Recent technology in the vascular closure devices involves the use of some unique material like polyethylene glycol. They have almost no side effects and also help in improving the comfort level of the patient.

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Vascular Closure Device Market: Drivers and Restraints

The global vascular closure device market is driven by the rising incidence of cardiovascular diseases and other indications which involve the parenteral route of nutritional administration like oral-esophageal and stomach cancer. According to CDC (Centers for disease control and prevention) by 2025, 19.3 million cancer patients are expected to be diagnosed each year. Increasing cardiovascular patients owing rising global geriatric population is expected to provide high growth opportunities for the vascular closure devices manufacturers over the forecast period. Moreover, technological developments in new vascular closure devices aimed to increase safety among patients and ease of use for physicians is expected to provide significant growth opportunities for the vascular closure devices manufacturers.

Vascular closure Device Market: Segmentation

The Global Vascular Closure Device Market are segmented into product type and end user

Segmentation based on Product type:

  • Passive approximators

    • Hemostasis pads

    • Compression devices

  • Active approximators

    • Clip

    • Plug

      • Fish

      • Ploymer based

      • Collagen based

    • Suture

Segmentation based on End User Type:

  • Hospitals

  • Ambulatory Surgical Centers

  • Independent Catheterization Labs

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Vascular Closure Device Market: Region – wise Outlook

The vascular closure device market is expected to witness healthy growth throughout the forecast period with North America expected to be the leading market. High demand for peripheral vascular closure devices from cancer and cardiology patients is projected to boost the market growth over the forecast period. Favorable reimbursement policies for the patients is North America is expected to drive demand for peripheral vascular closure devices in North America over the forecast period. Moreover, several global manufacturers in this region are projected to promote the use of vascular closure devices and in turn the market is expected to increase the adoption rate of the devices. Western Europe is expected to be second largest market followed by North America owing to high awareness related to the use of peripheral vascular closure devices for treatment of cardiovascular and bleeding disorders. APEJ (Asia-Pacific excluding Japan) and Japan are expected to follow next after Western Europe owing to high population and increasing the incidence of cardiovascular diseases in these regions along with growing per capita healthcare expenditure in countries like India and China. Eastern Europe and the Middle East and Africa (MEA) is expected to increase significantly owing to the rise of cancer incidence rate and manufacturers focusing on expansion strategies in this regions.

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Vascular Closure device Market: Key players

Some key players in Vascular Closure Device Market are Abbott Vascular, Morris Innovative, Cordis Corporation, Access Closure, St. Jude Medical, Cardiva Medical, Inc., Scion Cardiovascular, ENDOCOR GmbH, Transluminal Technologies, LLC., Vivasure Medical Ltd. The Companies focus on continuous development of the vascular closure devices in order to provide more patient safety and patient comfort.

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Non GMO Yogurt Market Global Industry Analysis, size, share and Forecast 2016-2026

Non-GMO and organic foods, apart from natural food stores, Non-GMO products now came in mainstream and sold in major supermarkets nationwide. It has been noticed, consumer is demanding more organic & Non GMO products. Non-GMO yogurt is where the presence of toxic persistent pesticides, artificial hormones and antibiotics, for production of the milk is zero. The use of Non-GMO reached nearly 11% on food and beverages since 2013, the demand has been increased of Non-GMO products. In the US, a survey was conducted for GMO and Non-GMO   food products, Maximum Americans agreed on the fact that GMO food product are not safe to eat and also not good for health.

Non-GMO   Yogurt Market: Segmentation

Non GMO yogurt market is segmented on the basis of types, flavors & distribution channel. On the basis of types: Regular Yogurt, Blended Yogurt, Low fat yogurt, nonfat yogurt, Purely Unsweetened Yogurt, Sour Yogurt, Plain Yogurt, Drinkable yogurt and Heavy Cream Yogurt. On the basis of Flavors: Fruit (mango, Strawberry, Blueberry, Kiwi and Peach), Chocolate and Vanilla. On the basis of distribution Channel: Super Market/ Hyper Market, Food Service Outlets, Convenience Stores, Specialty Stores, Online Stores and others.

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Non-GMO   Yogurt Market: Region wise Outlook

Depending on geographic regions, global Non-GMO   yogurt market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.

North America is the prominent market for Non-GMO yogurt due to the key players in this region and the availability of raw materials. Whereas, in Europe it is projected to grow at a substantial growth due to consumer as they are becoming concerned about their health, the global Non-GMO   yogurt market value exhibiting a robust CAGR during the forecast period, 2016-2026. In the USA, Chobani is the largest manufacturer of greek yogurt, which covers 50% of the market share. Dannon is also one of the largest manufacturer of Non-GMO yogurt in USA which contain more natural ingredients, it has also partnered with Non-Government Organization (NGO) Green America and the Non-GMO Project, So that they can develop Sources of Non-GMO   feed for cows.

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Non-GMO   Yogurt Market: Drivers

As the demand of Non-GMO product is rising every day as consumers are becoming more concerned about their health. Consumers are becoming more aware about Non-GMO   products and easy availability of raw materials in some regions. Raising awareness about the Non-GMO   products all across over the Globe is also one of the major factors anticipated to expand the growth of Non-GMO   Yogurt market over the forecast period. In 2018, Dannon will introduce 3 brands of Non-GMO   Yogurt i.e. Dannon, Oikos & Danimals, that will be fed by the Non-GMO Feed.

Non-GMO   Market: Key Players

Some of the international key players identified operating in Non-GMO yogurt market includes Brown Cow Yogurt, Stonyfield Farm, Maia inspired nutrition, Chobani, General Mills, THE GREEK GODS and others. The company is likely to expand its share over the next coming years as consumers are becoming more aware about Non-GMO products and are more concerned about their health. More companies are expected to enter into manufacturing of Non-GMO   products in future. 

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Electronic Warfare Market Expected to Expand at a Steady CAGR through 2026

A majority of people have seen and are familiar with warships, fighter aircrafts, battle tanks, and submarines in action, either directly or via television or films. But fight involving the use of radar emissions and radio waves is also going on in the atmosphere. This silent battle of beams which uses focused energy such as laser light, radio waves to confuse or disable enemy’s electronics is commonly called electronic warfare (EW). Electronic warfare uses entire range of electromagnetic spectrum. Hence it is sometime also known as electromagnetic warfare. Electronic warfare equipment began to be developed back during World War - II, since then electronic warfare system has become more specialized and sophisticated. Electronic Warfare is a military action which involves the use of electromagnetic energy to control, exploit, decrease, or avoid the hostile use of electromagnetic spectrum and it also involves sensing the radar of an incoming missile and listening i.e. collecting an enemy’s radio signals.

Global Electronic Warfare Market: Drivers

Development in the electromagnetic spectrum drives the use of electronic equipment and associated weapon systems which are required to sense and counter these weapons that is included among the factor driving the electronic warfare market growth. Increasing adoption of visual and infrared techniques such as laser and other technologies are expected encourage the growth of electronic warfare market. Electronic warfare has become an essential requirement of strategic landscape for all war fighters. Situations such as political conflicts, territorial disputes, and cold-wars are expected to positively impact the electronic warfare market. Increasing popularity of small electronic systems that can be integrated within platforms such as unmanned systems is also expected to drive electronic warfare market growth. Other factors that has a positive impact on the electronic warfare market include increased system reliability, efficiency and effectiveness due to the introduction of travelling-wave tube- (TWT) technology used for electronic warfare application, and emergence of cognitive electronic warfare technology.

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Global Electronic Warfare Market: Restraints

Lack of technical knowhow, adaptability to the new technology and the laws formed to limit the investment dedicated to the R&D in this sector in some regions are included among a few restraints that negatively impact the growth of global electronic warfare market.

Global Electronic Warfare Market: Segmentation

Global electronic warfare market can be segmented into category types, product, platform, and region. On the basis of category types, global electronic warfare market can be segmented into electronic protection, electronic warfare support, and electronic attack system. Based on product, global electronic warfare market can be segmented into jammer systems, radar warning receivers, directed energy weapons, and others. By platform, electronic warfare market can be segmented into naval, airborne, ground, and unmanned. On the basis of region, global electronic warfare market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East and Africa.

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Global Electronic Warfare Market: Regional Outlook

As of 2015, North America is dominating the electronic warfare market. Asia Pacific is expected to have the highest growth rate. Electronic warfare market is mainly driven by the population base in the region, growing economy, increasing investments in the development of electronic warfare products, and a large number of R&D activities in the APAC region

Global Electronic Warfare Market: Competition Landscape

Key vendors of global electronic warfare market include BAE systems Plc., Harris Corporation, General Dynamics, Elbit Systems, Lockheed Martin, Raytheon, Northrop Grumman, Boeing, Cobham Plc., and Tata Power SED. Global electronic warfare market is highly fragmented with several players focusing on joint ventures, mergers and acquisitions  as a part of their growth strategy.

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Advanced Sensor Market Analysis Growth and Value Chain 2016-2026

Sensor is a device or an element made for a purpose to detect an occurrence of any event or change in the environmental condition and if found, provide a corresponding output. Broadly, sensor is a transducer which intakes one kind of energy (mostly optical & electrical) to operate & gives different types of output. Today sensors are being used in everyday life in every electronic product and with the advancement in technologies, the demand of instrumentation and automation has been increasing over the years and expected to grow further in the upcoming future with highest possible demand. Advanced sensors are the smart sensor which is grouping of simple sensor and meddling circuits, Advanced sensors are basically used for digital application i.e. for the conversion of analog to digital and it can be used through various industries such as industrial, consumer electronics, medical, automotive, security & defence and entertainment because of increasing use of process controls and sensing element in this sectors.

The consistent increasing demand of advanced sensor market has continuously been increasing globally and expected to grow with CAGR in double digits & the same scenario might be seen for next six to seven years in global advanced sensor market. 

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Advanced Sensor: Market Dynamics

For last some years, demand for advanced sensors have been increasing in the consumer electronics and automobile vehicle like Cars, trucks, buses, use of advanced sensor is also increased in laptop, smartphones and other smart devices with touch screen display, which are coming out as new trends for advanced sensor market. The key growth drivers of global advanced sensor market are increased adoption of advanced sensors in various industries like healthcare, logistic, and defence, need for advanced security solutions in the automobiles, drastic rising demand of advanced sensor in industrial applications in order to save energy, increased demand in military application for target detection as in drone and aircrafts. These are some other drivers support the growth of global advanced sensor market. On the other hand high replacement as well as deployment cost, lack of privacy, lack of customization & its complexity are some of the restraints responsible to hinder the growth of global advanced sensor market.

Advanced Sensor: Segmentation

Market segmentation for advanced sensor is done on the basis of application, type and region. On the basis of application, global advanced sensor market is segmented into automobiles, industrial, infrastructure, consumer electronics, food and beverages, medical, and avionics application. In industrial applications advanced sensors are used for the collection and processing of information, also advanced sensors have evolving application for pollution control in industrial sector, in Automobile applications advanced sensors are widely used for safety purpose, collision avoidance system for vehicles is an example of this application, in aerospace application, advanced sensors are used for traffic alert system.

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By types, global advanced sensor market can be segmented into flow sensors, smart temperature sensor, touch sensors, smart position and sensor turbidity sensor and others.

Geographically, advanced sensor market is segmented into seven regions which are; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). Western Europe region is dominating the global advanced sensor market whereas Asia-Pacific is ranked as fasted growing market because of rapid industrialization pace, strengthening manufacturing activity, and strong economic development especially in India and china.

Advanced Sensor: Key Players

The key players of global advanced sensor market are ABB LTD., Honeywell International Inc., Eaton, Baumer Customer Sensor & Technologies Inc.,Balluf Inc.Analog Devices Inc., Eaton Corporation Plc., Infineon Technologies AG, NXP Semiconductors, Emerson Process Management and others.

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