Category Archives: Manufacturing Press Release

Electric Vehicle (EV) Charging Station Market: Global Size, Share, Development, Growth Analysis and Demand Forecast to 2022

The global electric vehicle charging station market grew from an estimated $1,645.6 million in 2015 and is expected to reach $29,683.3 million by 2022 growing at a CAGR of 51.7% during 2016 – 2022. The global market is categorized into AC and DC charging stations based on the source of charging. DC charging stations are comparatively costlier than its AC counterpart, which is why the market share of AC charging station in terms of volume is much higher, as compared to that in terms of value.

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Global Plug-In Electric Car Market – Growth | key Industry Players | Analysis | Forecasts to 2023

Global plug-in electric car market is projected to attain a size of 52,72,312 units by 2023. The government financial incentives such as subsidies and tax rebates on the purchase of electric cars and non-financial support, such as access to high-occupancy vehicle lanes and preferential parking for plug-in electric cars, are the major drivers for the growth of plug-in electric car market.

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On the basis of segment, the market is categorised into low, economy, medium, and premium segment cars. Economy segment car has been experiencing higher sales globally. Economy-segment PEVs are estimated to account for the largest share, of more than 30%, in the plug-in electric car market in 2017, followed by low-segment cars.

Germany Automotive Digital Services Market Size, Share, Development, Growth, and Demand Forecast to 2023

German automotive digital services market is projected to attain a size of $6,056.4 million by 2023. The rise in in-vehicle connectivity is one of the major factors driving the growth of German automotive digital services market. In the last few years, the sales of vehicles equipped with the in-vehicle connectivity feature has increased in Germany. This trend is expected to continue during the forecast period with increasing integration of the in-vehicle connectivity feature in the new vehicles sold.

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Inspection, Maintenance and Repair (IMR) Vessel Operation Market Applications, Types and Market Analysis to 2022

Global Inspection, Maintenance and Repair (IMR) Vessel Operation Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. A highly technical vessel installed in the offshore industry is referred to an Inspection, Maintenance and Repair (IMR) Vessel. The chief function of these vessels is inspection and repair of subsea facilities and installations. Moreover, these vessels are frequently equipped for other chores such as scale treatment, diving support, light construction work and others.

Oilfield Equipment Market Capacity Estimates and Industry Forecast by 2012-2020

Industry Insights

With the ever increasing population and the demand for oil as the primary resource of energy, the global Oilfield Equipment Market during the forecast period is expected to cover a market size of USD 97.34 billion in 2013. Companies are investing in R&D for extracting oil and gas from the reservoirs using oilfield equipment. The technology is gaining momentum as a result of offshore activities in Gulf of Mexico in North America and South China Sea spread across countries such as Vietnam, Thailand & China. One of the major driver of this market is exploration of unconventional oil and gas resource.

Enteral Nutrition Market Growing Popularity due to Improvement in Techniques

The global enteral nutrition market was valued at $12,300.0 million in 2015, and it is expected to grow at a CAGR of 5.8% during 2016 – 2022. The factors driving the growth of the global market include increasing geriatric population, lower cost of enteral nutrition products, surge in the number of victims of malnutrition receiving treatment, high number of premature births and increasing incidence of cancer and central nervous system diseases.

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Between the two types, the standard enteral nutrition segment held the larger share in the global enteral nutrition market. The cost of enteral nutrition products is comparatively lower than parenteral nutrition products. Therefore, enteral nutrition products are preferred over parenteral nutrition products.

Sports Drinks Market Manufacturers lays Significant Growth Opportunity to Optimize their Revenues

The sports drinks market size is projected to cross $29.4 billion by 2022, growing at a CAGR of 8.1% between 2016-2022. The key factors driving the growth of the market include growth in fitness centres and health clubs, growing urbanization and increasing penetration of modern retail.

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In terms of distribution channel, the market for sports drinks is segmented into supermarkets & hypermarkets, convenience stores, drug stores and others. The supermarkets & hypermarkets segment accounted for highest share in the global sports drinks market with 55.1% share in 2015.

Global North America Concrete Floor Coatings Market Analysis Development Trend, Key Players & Investment Feasibility

Industry Insights

The North America Concrete Floor Coatings Market demand was held at 214.3 kilo tons in 2013. Concrete floor coatings provide excellent resistance against high temperature, wear and tear to indoor & outdoor areas in commercial and residential buildings. Recovery of the construction industry in the U.S. is likely to drive the concrete floor coatings market over the years ahead. Positive outlook towards construction industry in Mexico, as a consequence of rising expenditure by government to improve infrastructure is likely to have a positive impact on the market. The Mexican government allocated USD 297 Billion to develop domestic energy sector, which includes 124 projects to establish natural gas pipelines and power plants under the initiatives of “National Infrastructure Program 2014-2018”.

Global Bio-herbicides Market Development Trend Analysis, Growth, Scope, Share, and Forecasts 2024

Industry Insights

The global Bio-Herbicides Market was valued at USD 1.12 billion in 2015. Rising consumer awareness combined with strict government regulatory policies towards food & environment to develop organic farming in North America, Asia Pacific, and Europe is anticipated to drive the global bio-herbicides market over the forecast period. Herbicides based chemical are known to pollute water and soil. These chemicals enter the human body through food consumption and have several adverse impacts on human health. Bio herbicides are derived from microbes including bacteria, protozoa, and fungi.

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Global Bisphenol A (BPA) Market Report Comparison Analysis Application, Trends and Forecasts 2020

Industrial Insights

Bisphenol A (BPA) is an artificial compound which is derived from acrylonitrile, butadiene and styrene. It ismainly used in the production of polycarbonates and iepoxy resins. Additionally, it plays a vital role in the production of polyetherimide, unsaturated polyester resins, polyacrylates, polysulfone resins and flame retardants. The product has asolidified crystalline structure and colorless appearance. Furthermore, it is extremely soluble in organic solvents buthighly insoluble in water. The product is used in the manufacturing of plastics and epoxy resins. Plastics derived from BPA have superior attributes such as strength and durability at low temperatures, easy processing, and good chemical and heat resistance.