Process Oil Market Poised to Register 4.1% CAGR through 2025

In an extensive analysis of the global process oil market, Persistence Market Research forecasts the global process oil market to reach a market valuation of US$ 5,697.4 Mn by the end of 2025, up from an estimated US$ 4,148.9 Mn in 2017, registering a CAGR of 4.1% over the forecast period. Persistence Market Research presents the historical and current market forecast of the global process oil market in a new report titled “Process Oil Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025).” The report also throws light on the factors likely to impact the market over the course of the forecast period.

Global Process Oil Market: Dynamics

The global process oil market is expected to witness incremental $ opportunity of US$ 1,548.4 Mn between 2017 and 2025 and will be mainly driven by the increasing automotive sector that eventually demands rubber process oil for the manufacturing of rubber products such as tires and vehicle interiors. Process oil being the basic raw material used in the production of goods in the rubber processing industry, the demand in the global market is anticipated to witness significant growth during the next eight years. Process oil is also consumed in large quantities in the polymers and paints and coatings industries. These sectors will drive volume growth of the global process oil market in the foreseeable future.

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Some of the other factors likely to boost the growth of the process oil market are –

• A strategic shift from conventional rubber processing to oil based processing
• A steady growth in end-use industries such as automotive and rubber processing, coupled with an increase in refinery capacity
• Increase in R&D activities in end-use industries
• Competitive advantage of access to essential raw material feedstock

Global Process Oil Market: Segmental Forecast

The global process oil market is segmented on the basis of Product Type (Aromatic, Paraffinic, Naphthenic) and Application (Rubber Processing, Adhesives & Sealants, Consumer Products, Paints & Coatings, Pharmaceuticals, Polymers, Others).

• The Aromatic product type segment is estimated to hold the maximum revenue share in the global market – about 45% by the end of 2025. This segment will reach a market valuation of US$ 2,572.2 Mn by the end of the forecast period, up from an estimated US$ 1,806.7 Mn in 2017, registering a CAGR of 4.5% during the forecast period.
• By application, Rubber Processing will continue to hold a large share of the global market throughout the period of forecast and register a CAGR of 4.6% in terms of value. This segment will reach a market valuation of US$ 2,096.0 Mn by the end of 2025.

Global Process Oil Market: Regional Forecast

Persistence Market Research tracks the performance of the global process oil market across the five key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In terms of value share, the Asia Pacific regional market will dominate the global process oil market, estimated to hold about 43% market share by the end of 2025. The APAC process oil market is estimated to be valued at US$ 1,590.2 Mn in 2017 and this is expected to increase to US$ 2,450.7 Mn by the end of 2025. This is reflective of a CAGR of 4.6% in terms of value during the forecast period.

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 Global Process Oil Market: Vendor Landscape

The report profiles some of the leading companies operating in the global process oil market such as Behran Oil Co, Ergon Inc., San Joaquin Refining Co., Inc., Chevron Corp, Meiwa Corporation, Exxon Mobil Corporation, Nynas AB, Idemitsu Kosan Co., Ltd., Calumet Specialty Products Partners, L.P., Total S.A., Hindustan Petroleum Corporation Limited,  Royal Dutch Shell plc., Petroliam Nasional Berhad (PETRONAS), ORGKHIM BIOCHEMICAL HOLDING, Lubline, Avista Oil AG, Savita Oil Technologies Ltd., Panama Petrochem Ltd, Apar Industries Limited, and Raj Petro Specialties P. LTD.

Additive Masterbatch Market Would Reach a value US$ 4,385.9 Mn by 2025

The global additive masterbatch market is poised for significant growth over the next eight years. A new publication by Persistence Market Research titled “Additive Masterbatch Market: Global Industry Analysis 2012-2016 & Forecast 2017-2025” forecasts the global additive masterbatch market to register a CAGR of 3.3% in terms of volume. Europe followed by Asia Pacific are slated to be the prominent regional markets in terms of additive masterbatch consumption. In terms of value, the global additive masterbatch market is estimated to reach a market valuation of US$ 3,279.6 Mn in 2017 and grow at a CAGR of 3.7% to be valued at US$ 4,385.9 Mn by the end of the forecast period in 2025. The global market for additive masterbatch is anticipated to grow ~1.3X over the period of forecast.

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Regional Forecast of the Global Additive Masterbatch Market

The report analyzes the global additive masterbatch market across the key geographies of North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.

• Europe will continue to lead the global market in terms of market share, and is estimated to hold a value share of more than 35% throughout the forecast period. The region will also witness significant opportunities for growth
• The APAC region will grow at a significant pace during the forecast period and hold about 30% market share towards the close of 2025. APAC will register a CAGR of 4.3% in terms of value – the highest among all the regional markets

Global Additive Masterbatch Market: Segmental Forecast

The global additive masterbatch market is segmented on the basis of Type (CO2 Barrier, Oxygen Scavenger, Metal Deactivators, Anti-Foaming Agents, Antioxidant, Anti-Block, Anti-Static, Flame Retardant, Anti-Microbial, UV-Stabilizer, Thermo-Stabilizer, Laser-Marking) and Application (Automotive, Agriculture, Building & Construction, Packaging, Electrical & Electronics).

Market forecast by Type

• In terms of volume, the flame retardant and UV stabilizer segments will witness significant growth opportunities in the global additive masterbatch market
• The flame retardant segment is projected to hold a dominant share throughout the forecast period (more than 35%). This segment will create total incremental $ opportunity of US$ 428.9 Mn between 2017 and 2025
• Flame retardant will also be the most attractive market segment by type

Market forecast by Application

• Packaging end use application segment will remain the dominant market throughout the forecast period, estimated to hold 46.6% value share by the end of 2025
• Growing demand for packaging in North America and Europe, owing to stringent government regulations over food products is the key factor driving segmental growth
• The packaging application segment is projected to create a total incremental $ opportunity of US$ 551.9 Mn between 2017 and 2025

Global Additive Masterbatch Market: Vendor Landscape

In this report, Persistence Market Research has profiled some of the top companies operating in the global additive masterbatch market. The following company profiles can be found in the report – Clariant International AG, A. Schulman, Inc., Cabot Corporation, Cromex S/A, Ampacet Corporation, Polyone Corporation, Hubron International, Polyplast Muller GmbH, MARVAL INDUSTRIES, INC., GRAFE ADVANCED POLYMERS GMBH, Kunststof-Kemi Skandinavia A/S, Tosaf Group, KRAIBURG TPE (Thermoplastic Elastomer Manufacturer).

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Tier-1 manufacturers of additive masterbatch such as AG, A Schulman, PolyOne Corporation, Ampacet Corp. etc., account for around 40%-55% of the overall market. Tier-2 manufacturers such as Cromex S/A, etc. account for 15%-30% share of the global market while the Tier-3 category – generally comprising small and medium manufacturers of additive masterbatch – account for about 10%-25% market share.

Gardening Tools Market is projected to register 1.6% CAGR during the forecast period 2017 to 2025

In terms of volume, the global gardening tools market is projected to register 1.6% CAGR during the forecast period 2017 to 2025, according to a recent report by Persistence Market Research (PMR). PMR’s report estimates the global sales of gardening tools to expand from nearly 280,000 ‘000 units in 2017 to surpass 300,000 ‘000 units by 2025-end.

People in developed economies consider home improvement and small maintenance activities as a favorable pastime. For leveraging benefits of changing consumer preferences towards “do it yourself” (DIY) ethics, gardening tool manufacturers are now focusing on the provision of cost-efficient, portable and compact solutions to household users. This trend is witnessing a rapid growth in well urbanized markets as well as in developing economies including Brazil, South Africa, China, and India. This is further expected to pave significant opportunities for growth of the household gardening tools market in the near future.

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Europe will Continue to be the Largest Market for Gardening Tools

Europe will continue to be the largest market for gardening tools, with sales pegged to reach nearly 100,000 ‘000 units in 2017. Among real estate agents and city planners of Europe, demand for landscaping in residential as well as commercial areas has witnessed a rise, for providing an aesthetic appeal to these properties. This is expected to drive growth of the market in Europe. In addition, factors such as restoration of native plants to residential landscapes, increasing popularity of houseplants for improvement of air quality and human productivity, and utilization of plants as food source within the residence are further expected to influence the market growth of gardening tools in Europe.

Utilization of artificial turfs and synthetic grass has witnessed a tremendous surge beyond sports field to commercial as well as residential landscaping in Europe, owing to surging emphasis on water conservation. In addition, synthetic grass and sports turfs provide a natural look and aesthetic appeal, and require low maintenance cost, which is further fuelling their adoption. These factors are anticipated to impede growth of the market in Europe.

Increasing DIY Attitude and Availability of Modern-Design Tools to Fuel the Market Growth in North America

In terms of volume, North America is estimated to remain the second-most lucrative market for gardening tools. According to the rules and regulations of the U.S. government, community gardens are considered to be an imperative part of the society, which is expected to favor growth of the gardening tools market in North America. In addition, increasing DIY attitude among North American people, and surging availability of different modern-design tools for various garden sizes are other factors fostering the market growth in North America.

However, increasing consumer preference of power tools over hand tools, which offer easy operation and time saving, is estimated to restrain growth of the gardening tools market in North America.

Pruning Tools will Remain Sought-After among Products in the Market

By product type, pruning tools will remain sought-after in the market, with sales estimated to surpass 100,000 ‘000 units by 2025-end. In addition, shears will remain the top-selling product among pruning tools in the global gardening tools market. In terms of volume, other hand tools segment, which includes hoe, trowel, weeder, rake, and pitchfork, is expected to expand at the second-highest 1.4% CAGR through 2025.

Gardening tools will witness largest adoption for residential use, on the back of increasing demand for indoor plants. Demand for gardening tools in commercial use will remain comparatively lower than residential use during the forecast period.

In terms of volume, retail stores will remain the largest sale channel for gardening tools in the global market. In addition, sales of gardening tools through online and distributors will collectively account for around 200,000 ‘000 units by 2025-end, online sales channel being more lucrative than the distributor sales channel.

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Key market players identified in PMR’s report include Stanley Black & Decker, Inc., Fiskars Group, Q.E.P. Co., Inc., Husqvarna Group, FELCO S.A., The Ames Companies, Inc., ANDREAS STIHL AG & Co. KG, CobraHead LLC, Estwing Manufacturing Company, Seymour Midwest, Lasher Tools, Zenport Industries, Bully Tools, Inc., Corporación Patricio Echeverria, Ray Padula Holdings, LLC, Radius Garden, Joseph Bentley Traditional Garden Tools, Garden Tool Company, SNA Europe, Root Assassin Shovel LLC.

Global Car Security System Market Revenue Expected to Increase at a CAGR of 6.0% over 2016–2026

Future Market Insights delivers key insights on the global car security system market in a new publication titled “Car Security System Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. Global sales of car security systems is estimated to be valued at US$ 6,787.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 4.8% over 2015. North America is estimated to account for a value share of 30.0% in the global car security system market by 2016 end but Asia Pacific excluding Japan (APEJ) is anticipated to gain a higher growth rate throughout the forecast period. In this report, Future Market Insights analyses the factors and trends impacting the growth and performance of the global car security system market.
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Increasing sales of new vehicles, along with rising awareness among car owners and a robust aftermarket growth are bolstering the global car security system market. Automobile manufacturers are increasing the deployment of security systems in new vehicles to stand out in competition. Furthermore, increasing adoption of telematics across the globe is enabling easy car monitoring techniques and comfort to car owners with enhancement in car security. However high cost of product and high installation charges are limiting OEM and aftermarket opportunities. Automakers provide more options in their premium car variants which in turn is decreasing the adoption by new vehicle owners. Whereas establishment of new car production plants in countries such as Mexico, Turkey, India and China are increasing car security system market opportunities in these regions.
Segmentation highlights
The global car security system is segmented on the basis of sales channel (OEM and Aftermarket), product type (immobilizer system, remote central locking system, alarm system and other systems) and car type (Economic cars, Mid-range cars and Premium cars).
On the basis of sales channel, the OEM market segment is expected to dominate globally, but market share of OEM and aftermarket sub-segment is changing from one country to the other. In regions where less cars are produced such as Middle East and Africa, aftermarket segment is a major market and is anticipated to continue to dominate the market in terms of value and volume over the forecast period. There is a strong demand in OEM segment in the regions such as North America, Western Europe and APEJ owing to increasing production of cars and establishment of new production plants. North America has the largest aftermarket share which is expected to decrease over the forecast period.
On the basis of car type, (Economic cars include mini and small cars- A & B segment cars as defined by EEC regulation and SUVs, MPVs & light trucks costing less than US$ 15000, midrange cars include C & D segment cars and SUVs, MPVs & light trucks costing between US$ 15,000- 30,000, and Premium segment cars include E & F segment cars and SUVs, MPVs & Light trucks costing more than US$ 30,000). Midrange cars are anticipated to dominate throughout the forecast period. Whereas economic cars segment are expected to exhibit the highest CAGR over the forecast period. Car security systems used in economic cars are of low value and adds less value to the market. And premium cars are loaded with many security system which increases the security systems value installed per car.
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On the basis of product type, the global car security system market is segmented into immobilizer system, remote central locking system, alarm system and other systems which include vehicle trackers, perimeter sensors, ultrasonic sensors and glass break sensors. Others segment is expected to register the highest CAGR in market whereas remote central locking system will continue to dominate in aftermarket and OEM market. Immobilizers are mostly sold in OEM market owing to their large penetration in all the car types.
Regional projections
The global car security system market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa (MEA)). North America is the largest market for car security systems owing to a large aftermarket and higher cost of products. APEJ will dominate the market by 2018 and will continue to increase its share in the future. Japan’s recent downfall in the realm of car production has affected the regional market, but increasing vehicle fleet and increasing car exports will increase Japanese market with a CAGR of 3% over the forecast period.
Vendor insights

Key players in the global car security system market include Valeo S.A., Continental A.G., Delphi Automotive PLC, Hella KGaA Hueck & Co., Tokai Rika Co., Ltd., Mitsubishi Electric Corporation, Denso Corporation, Robert Bosch GmbH, Lear Corporation, Omron Corporation.

Flight Tracking System Market will Register a CAGR of 5.5% through 2026

The need for improving surveillance abilities of airport facilities in the world has triggered the growth in adoption of Automatic Dependent Surveillance-Broadcast (ADS-B) flight tracking systems.
Unlike other flight tracking systems, the demand for ADS-B systems is expected to remain higher in the future. ADS-B systems are known to be highly-effective for tracking single aisle, small wide body, medium wide body, and large wide body aircrafts, and also come in an extensive price range. Future Air Navigation Systems (FANS) might be competent in tracking all aircraft types, but their high prices limit their adoption over ADS-B systems. On the other hand, dedicated or portable flight tracking systems (PFTSs) are quite cheap, compared to other two, but lack the prowess to accurately track multiple flights.
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A recent study developed by Future Market Insights projects that ADS-B systems will continue to account for over 75% of global flight tracking system revenues. It is been estimated that the global market for flight tracking systems, which is presently valued at approximately US$ 358 million, will exhibit a steady increment at 5.5% CAGR to reach US$ 611.8 million by the end of 2026.
Such systems are being prominently used in tracking flights from general aviation industry. General aviation airport facilities from all corners of the world can be clubbed together to be called as the largest end-user of flight tracking systems. In 2016, the end-use of flight tracking systems in general aviation procured an estimated US$ 253 million. Nonetheless, revenues amassed from adoption of flight tracking systems in civil aviation are projected to grow at the highest CAGR of 6.3% by the end of 2026.
Honeywell International & Rockwell Collins – Leading Market Players
According to the report, two of the most recognisable manufacturers in the global flight tracking system market are - Honeywell International Inc. and Rockwell Collins, Inc. Collectively, these two flight tracking system manufacturers are estimated to account for over 50% of the global market revenues, specialising in production of ADS-B and FANS systems. Garmin International Inc. is also a leading manufacturer in the global flight tracking system market, raking in revenues worth billions. On the other hand, companies such as FLYHT Aerospace Solutions Ltd., SKY TRAC SYSTEMS LTD., Spider Tracks Limited, and BLUE SKY NETWORK are observed to be prominent manufacturers of PFTS systems. Aireon LLC, another key player in the global flight tracking system market, has gained worldwide acclamation for producing top-end ADS-B systems for space aviation.  
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In the report, titled “Flight Tracking System Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” Future Market Insights predicts that North America will remain the largest market for flight tracking system in the world. By the end of 2026, North America’s flight tracking system revenues will have soared at 6.4% CAGR, procuring half of the global market revenues. The flight tracking system market in Western Europe will also gain traction, raking in over US$ 100 million by 2026-end. Revenues from flight tracking systems will be lowest in Japan and the Middle East & Africa (MEA) region. The flight tracking system market value in regions such as Asia-Pacific excluding Japan (APEJ), Latin America and Eastern Europe are anticipated to rise at less than 4% CAGR over the forecast period. 

Vapour Recovery Units Market to expand at a CAGR of 3.2% by 2026

Environment pollution legislation will continue to drive the adoption of vapour recovery units, especially in developing regions. Rising awareness on reducing the impact of pollutants, combined with regulatory pressures on providing workers with safer working environments will continue to influence installation decisions. Potential economic benefits of installing vapour recovery units are expected to drive adoption; however, high initial costs can impede growth. The prevailing oil crisis in the Middle East is expected to have a ripple effect on the global vapour recovery market, with global revenues declining to US$ 471 Mn in 2016, down from US$ 481 Mn in 2015. The long-term outlook on the market remains positive, with the global market expected to increase at a moderate CAGR of 3.2% during the forecast period 2016-2026.
North America, the largest market for vapour recovery units, will witness further proliferation of compressor-based VRU; however, the market will continue to have a low presence of players engaged in distribution of VRU at downstream process. John Zink, AEREON and ZEECO are key players in the production and distribution of VRU at downstream process.
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VRU installations will continue to increase at a steady rate in Europe. While the current oil crisis will negatively impact the market in Middle East, the market will grow moderately in the long run. Asia Pacific and Latin America will witness moderate growth, and like North America, compressor-based VRUs will witness steady demand.
VRU installations will continue to remain higher in upstream process vis-à-vis downstream process. Increasing preference for VRUs over flare gas recovery technologies will continue to impact VRU installations for upstream processes. The upstream process will continue to account for leading revenue share of the global vapour recovery unit market. By application, storage tank vents will continue to account for leading market share at upstream, whereas marine loading will remain a key application segment at downstream process. By end-use, oil & gas will remain the most attractive sector for VRU manufacturers and distributors, followed by brewery & food processing.
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Key market participants covered in the report include Hy Bon/EDI, PSG Dover, AEREON, Petrogas Systems, John Zink Company, LLC, Cimarron Energy Inc.,Wintek Corporation, Accel Compression Inc., Whirlwind Methane Recovery Systems, LLC.

Automotive Repair and Maintenance Services Market worth US$ 441.3 Bn by 2016

According to a new report published by Future Market Insights titled “Automotive Repair and Maintenance Services Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026”, the global automotive repair and maintenance services market is estimated to reach a market valuation of US$ 441.3 Bn by 2016 end, witnessing a 5.6% CAGR between 2016 and 2026. Automobile dealership owners will continue to hold dominant share in the global automotive repair and maintenance services market accounting for over 25% share of the total market by the end of 2016.
Demand for automotive repair and maintenance services is driven by the increase in vehicle age. With the improvements in material and technology used for automotive manufacturing, the mean age of passenger cars in the U.S. increased from 9 years in 2000 to 11.6 years in 2015. With the rising vehicle sales in the U.S. and Western Europe, the demand for automotive repair and maintenance services is expected to rise exponentially. Also, a reduction in gas and oil prices has led to an increase in the total miles driven by vehicle owners and this being related to vehicle parts wear and tear, there is a growing need for vehicle maintenance and repairs – this is another factor driving the growth of the global automotive repair and maintenance services market.
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Segmentation analysis
Future Market Insights’ report on the global automotive repair and maintenance services market offers useful insights on market performance of the various segments of the global automotive repair and maintenance services market. Some of the highlights of our research reveal the following vital points:
Demand for various services and parts in the automotive aftermarket such as tires, engine oil, and wear and tear parts will continue to gain traction in the coming years. The tires segment is forecast to register a CAGR of 7.9% during 2016 – 2026
The wear and tear parts and engine oil services and parts segments are expected to represent 14.1% and 8.6% shares of the total incremental opportunity in the coming decade. The automobile dealerships service provider segment is anticipated to be valued in excess of US$ 100 Bn by this year end, witnessing a CAGR of 4% during the forecasted period
The passenger cars vehicle type segment was the maximum value generating segment in terms of vehicle type in 2015 and is projected to gain significant market share over the forecast period. This segment is anticipated to gain 200 BPS between 2016 and 2026 due to higher sales of passenger cars in the coming years
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Regional analysis
North America is the largest market for automotive repair and maintenance services accounting for over 26% market share in terms of revenue in the global automotive repair and maintenance services market by the end of 2016. The APEJ automotive repair and maintenance services market is projected to hold significant market share in terms of value in the global automotive repair and maintenance services market over the forecast period, exhibiting a CAGR of 8.6% over the forecast period. This is attributed to increasing vehicle parc in this region and an under developed road infrastructure in many countries of APEJ.
Vendor insights

The global automotive repair and maintenance services market report analyses the business performance including short-term and long-term strategies, service offerings, and other developments of a few of the top market players operating in the global automotive repair and maintenance services market. The companies profiled in the report are Asbury Automotive Group Inc., Jiffy Lubes International Inc., Monro Muffler Brake Inc., Driven Brands Inc., and Belron International Ltd. Mergers and acquisitions seems to be the most preferred strategy adopted by several market players to expand their global presence and increase market share.

Refrigerated Display Cases Market will Exhibit a Steady 6.2% CAGR through 2027

A comprehensive research publication by Future Market Insights titled “Refrigerated Display Cases Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027” is focussed on understanding the worldwide demand and consumption of refrigerated display cases, the key aspects influencing customer purchase decisions, the key areas of innovations, the enhancement of features of refrigerated display cases and key industry developments across major geographies along with impact analysis in 2017 and forecast scrutiny pertaining to value and volume of the global refrigerated display cases market till 2027.
Global Refrigerated Display Cases Market: Forecast
After an in-depth investigation of the global refrigerated display cases market, Future Market Insights predicts a revenue growth of about US$ 16 Bn by the end of 2027, reflecting a CAGR of 6.2% during the period of forecast.
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Global Refrigerated Display Cases Market: Segmental Analysis
The global refrigerated display cases market is categorised by product type, by construction, by end user and by region. By product type, it is segmented into plug-in device and remote operated device. By construction it is segmented into horizontal, hybrid and vertical. By end user it is segmented into food service sector and retail food and beverage sector; and by region, the market is divided into North America, Western Europe, Eastern Europe, Latin America, APEJ, Japan and Middle East and Africa (MEA).
Remote operated device segment is poised to dominate the global refrigerated display cases market by product type by reflecting a higher market share and is poised to grow at a high CAGR of 6.5% during the period of forecast. Demand in the plug-in device market is also rising, especially in emerging economies. The plug-in device segment is poised to reflect a CAGR of 5.8% in terms of value. The remote operated device segment is expected to reflect a market share of more than 55% by the end of 2027.
Vertical segment by construction is expected to dominate the market with respect to market value and is anticipated to grow at a CAGR of 6.4% throughout the period of forecast. The hybrid segment is anticipated to register the highest growth rate to reflect a CAGR of 6.7% during the forecast period.
Retail food and beverage sector segment by end user is anticipated to grow at a higher growth rate to reflect a CAGR of 6.4% during the period of forecast. This segment dominates the global refrigerated display cases market by end user with respect to market value as it is expected to reach a value of just under US$ 13 Bn by the end of 2027. Market value of the food service sector segment is less compared to that of the retail food and beverage sector segment and is poised to grow at a CAGR of 5.1% throughout the period of forecast.
APEJ to Reflect Speedy Growth Throughout the Forecast Period
The APEJ region shows a high growth to register a CAGR of 9.0% throughout the period of forecast surpassing North America and Western Europe in terms of demand. Rapid urbanisation and increasing income levels in India, China and South Korea are the main contributors for growth of the APEJ region in the global refrigerated display cases market. Moreover, along with a growing population and rising demand for food, the FMCG market has been performing well in the region and major retail chains are shifting their focus towards expanding their footprint in APEJ countries. This has spurred the growth of the refrigerated display cases market in this region. Another trend observed in APEJ is the shift of manufacturing base to this region. Besides enhancing technology, maintaining overall product cost is also a key concern for manufacturers. In order to decrease the cost of manufacturing, some players in the market have established their production facilities in countries such as China, Indonesia and India, where labour costs are relatively low as compared to other countries. North America and Western Europe are expected to face maturity in the coming years.
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Competitive Landscape

The research report on the global refrigerated display cases market has profiled tier players involved in the refrigerated display cases market such as Panasonic Corporation, Dover Corporation, Frigoglass SAIC, Arneg S.p.A, AHT Cooling System GmbH, Illinois Tool Work Inc., Epta S.p.a. Refrigeration, Standex International Corporation, Lennox International Inc., United Technologies Corp., Metalfrio Solutions, Inc., Clabo Group, True Manufacturing, Carter Retail Equipment Ltd., Nakano Refrigerators Co. Ltd., QBD Modular Systems Inc., Zero Zone Inc., Igloo International, Marc Refrigeration Manufacturing, Inc., Aucma Co., Ltd., Haier Carrier, Isa S.p.a., Borgen Systems and Koxka.        

Car Rental Market is Anticipated to Register 6.6% CAGR through 2025

Future Market Insights (FMI) announces the release of its report titled "Car Rental Market: Global Industry Analysis and Opportunity Assessment 2015-2025." According to the report, the global car rental market, valued at US$ 87.8 Bn in 2014, is anticipated to reach US$ 176.2 Bn by 2025, expanding at a CAGR of 6.6% between 2015 and 2025.
Market Drivers and Restraints
The global car rental market is driven by rising global tourism industry, surge in public awareness about car rental services, easy booking via online services, introduction of new business concepts, increasing number of Internet users and rise in international tourist arrivals. Apart from this, growing GDP rates and increasing income levels in the developing regions are also positively influencing growth of the car rental market globally.
Increasing infrastructural developments, growing air travel, rise in demand for recreational activities and increasing urban population have widened the scope for car rental service providers. Conversely, stringent emission standards, low cost public transportation, and volatility in crude oil prices are some of the minor restraints in the global car rental market. Additionally, increasing mobile and Internet usage is also expected to drive growth of the global car rental market in the coming years. Growing investments by the industry players and increasing online presence of the car rental service providers is expected to further drive growth of global car rental market.
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Rising technological developments are expected to offer favourable growth opportunities in the near future. Rapid urbanisation is leading to a rise in the mobility on-demand services, which include car sharing, short-term car rental services, etc., which are providing favourable prospects for growth of the car rental market.
Market Segments
North America dominated the global car rental market in 2014, in terms of revenue, accounting for 48.4% share of the overall market. However, APEJ (Asia Pacific Excluding Japan) is foreseen to expand at a relatively high CAGR of 10.2% during the forecast period. North America is expected to remain the most dominant global car rental market throughout the forecast period.
The major players in the market are focusing on expanding their global footprints through various mergers and acquisitions. Rising consolidation in the car rental industry has facilitated market leaders, such as Enterprise Holdings Inc., to expand their respective businesses in various geographies, thereby increasing their market share. The U.S. is witnessing major investments by market players, along with increasing popularity of car sharing services.  
By end use, the on-airport segment dominated the global car rental market in 2014 in terms of revenue, and is foreseen to expand at a CAGR of 8.2% during the forecast period. The on-airport car rental segment is expected to remain the most dominant segment in the global car rental market throughout the forecast period
By customer type, the leisure segment is foreseen to expand at a high CAGR of 8.6% during the forecast period. The segment is expected to dominate the global car rental market throughout the forecast period.
On the basis of booking type, the offline access dominated the global car rental market in 2014 in terms of revenue, accounting for 48.4% share of the overall market in 2014. The market is expected to lose its market share to the mobile application segment, which is projected to expand at a CAGR 9.9% during the forecast period.
On the basis of sector, the unorganised segment dominated the global car rental market in 2014 in terms of revenue, accounting for 56.9% share of the overall market. However, the organised sector segment is foreseen to expand at a relatively high CAGR of 7.3%.
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Competitive Landscape

Key market players covered in the reportinclude Enterprise Holdings Inc., The Hertz Corporation, Avis Budget Group, Inc., Europcar Group S.A., Carzonrent India Pvt Ltd., Sixt SE, Al Futtaim Group, Localiza- Rent a Car SA, Eco Rent a Car and GlobalCARS. The car rental market is consolidated in some regions such as the U.S. and Europe, with the top two players bagging over 50% shares of the total market. Most players in the market are engaged in various activities, such as mergers and acquisitions, increasing investments in technological developments, geographical expansion and brand building via strong marketing strategies, in order to sustain their position in the competitive market.          

Welding Consumables Market Projected to Register 5.7% CAGR through 2027

The extensive use of arc welding and oxy-fuel welding processes in the manufacturing of automobiles and machinery has generated considerable demand for flux and filler metals as welding consumables. As a result, the global market for welding consumables is expected to witness significant growth in 2017, reaching a market value of US$ 14,091.9 Mn at a y-o-y growth rate of 5.3% over 2016. Furthermore, the global demand for welding consumables will also be influenced by the rising trend of automating welding processes in the automobile and construction industries.
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In the latest report by FMI on the global welding consumables market titled “Welding Consumables Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,” the forecast has been revised until 2027. Previously the market in 2016 was estimated to be valued at US$ 11,835.8 Mn and in the current release the estimated numbers have been revised to US$ 13,368.0 Mn for 2016 with a 10 year (2017-2027) CAGR of 5.7%. This growth is owing to macro-economic factors such as growth of the construction industry, GDP, urbanisation, shipbuilding industry, industrial production and automobile production growth. Consumables utilised in arc welding, oxy-fuel welding, laser-beam welding and others are included in the target market. Consequently, the market size has been revised for the entire forecast period.
The lack of skilled labour for fabrication welding processes is expected to trigger the need for welding automation technology and generate mounting demand for welding consumables. The growth of the global welding consumables market is also expected to be driven by rapid industrialisation, the surging real estate sector and the growing number of end-use welding applications. On the contrary, stagnant adoption levels of advanced welding technologies in developing countries is anticipated to curb the overall growth of the global welding consumables market.
Global Market Forecast
Based on the type of welding consumables, the stick electrode segment will continue its dominance in terms of the global market share and account for over 38.6% by the end of 2027. However, the segment is expected to contend with stiff competition from flux-cored wires and solid wires due to their cost-effectiveness.
Based on the welding techniques, the arc welding segment will continue to dominate the global market and account for US$ 15,276.4 Mn in revenue by 2027 end. On the other hand, the booming automotive industry and the growing production of multipart machineries will incite the use of resistance welding and oxy-fuel welding in 2016 and beyond.
By application, the use of welding consumables is expected to elevate in the building & construction industry and the automotive & transportation sector. Also, the soaring consumption of welding consumables in marine applications is anticipated to create additional growth opportunities in the global welding consumables market.
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In 2016, Asia Pacific excluding Japan (APEJ) was the most lucrative region for the growth of the global welding consumables market and is likely to hold more than 32% of the global market share. The booming real estate sector in APEJ countries such as China and India will drive the demand for welding consumables in the construction industries. North America and Latin America are also expected to favour the growth of the welding consumables market, owing to the rising adoption of advanced welding technologies in manufacturing industries.
Key Players

The increasing need for automating the welding process has influenced the business expansion of major welding consumables manufacturers. The Lincoln Electric Company, Hyundai Welding Co., Taiyo Nippon Sanso Corporation, Colfax Corporation, Air Liquide, voestalpine AG, Illinois Tool Works Inc., Ador Welding Limited, Kobe Steel Limited, Praxair Inc., among others, represent the key players of the global market for welding consumables.

Benelux Power Tools Market is Expected to Reach Approximately US$ 859.1 million in 2016

Power tools continue to witness steady demand in Benelux, with 10 million units expected to be shipped in 2016, up from 9.8 million units in 2015 - a y-o-y growth rate of 2.5%. The Benelux power tools market was valued at US$ 826.4 million in 2015, and is expected to reach US$ 859.1 million in 2016. Industrial power tools will continue to outsell household power tools, and account for 57.6% revenue share of the market in 2016.
Demand for power tools will continue to be strong from the construction sector, as Benelux’s housing sector witnesses another year of relative stability. The real estate sector in Benelux wasn’t as severely impacted by the crash of 2007-08, as it did not participate in the ‘bubble’ preceding the crash.
Growth of the Benelux power tools market will also be supported by rising adoption in the Union’s automotive sector. While availability of durable and cost-effective power tools will drive overall demand, the growing DIY trend will ramp up adoption in the consumer segment. Increasing penetration of Chinese products is also expected to play an important role in driving sales in 2016 and beyond.
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On the basis of mode of operation, electric power tools will continue to remain the highest selling power tools, with 5.8 million units expected to be shipped in 2016, up from 5.7 million units in 2015. On the other hand, pneumatic power tools, also known as air tools, will continue to gain popularity among DIYers, owing to their compact size and relatively lower price.
Netherlands will continue to be the largest market for power tools in Benelux, with total volume expected to reach 5.5 million units in 2016. The Netherlands power tools market is expected to be worth US$ 470.0 million by 2016-end, witnessing a growth rate of 3.7% in 2016 over 2015. Belgium, the second largest market for power tools in Benelux, will witness total sales worth 359.2 million in 2016.
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Robert Bosch GmbH, Atlas Copco AB, and Makita Corporation are the key global players in the Benelux power tools market. The key strategy of these players is enhancing product portfolio by manufacturing convenient, high-performance and advanced technology equipment. Metabowerke GmbH, FERM B.V., and Einhell Germany AG are prominent local players in the Benelux power tools market. Strong distribution networks and low cost are the go-to strategies of these players to compete with global players operating in Benelux power tools market.

Long-term Outlook: FMI forecasts the Benelux power tools market to witness a moderate growth rate of 3.9% in terms of value during the forecast period (2016–2026). In terms of volume, the market is anticipated to increase at 2.2% during the forecast period, 2016-2026.

6.4% CAGR Anticipated for Non-Halogenated Flame Retardants Market During 2015 - 2025

Future Market Insights (FMI) delivers key insights on the global non-halogenated flame retardants market in its latest report titled “Non-Halogenated Flame Retardants (NHFR) Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”.
In terms of value, the global non-halogenated flame retardants market is projected to expand at a CAGR of 6.4% during the forecast period.
NHFR are flame retardant compounds that do not contain any halogen. These are more environment friendly than their halogenated counterparts. These compounds find application in plastics, rubber, and textiles materials. Among these, they find largest application in plastics.
Growing use of plastics in the construction industry, driven by rising urbanisation is propelling demand for NHFR worldwide. NHFR are widely used in automotive plastics, which significantly increases its demand from the transportation and automobile industry across the globe.
Rising concerns regarding the environmental impact of halogenated flame retardants is fuelling growth of the non-halogenated flame retardants market. Non-halogenated flame retardants can be recycled and also produce relatively low and non-toxic smoke as compared to its other counterparts.
Implementation of stringent environmental regulations across the globe is encouraging adoption of non-halogenated flame retardants, especially in the electrical & electronics industry, which is expected to be the fastest growing segment in the market over the forecast period.
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Non-halogenated Flame Retardants Market Segmentation
The global non-halogenated flame retardants market is segmented on the basis of product type, end-use industry, application and region.
On the basis of product type, the global NHFR market is segmented into metal hydroxide based, phosphorous based, nitrogen based and others product segments.
Among product types, the phosphorous based segment accounted for the largest value share in the global non-halogenated flame retardants market in 2014, followed by the metal oxide based and nitrogen-based segments respectively. The phosphorous-based segment is projected to remain the largest segment throughout the forecast period, creating an incremental $ opportunity of US$ 1,117.2 Mn between 2015 and 2025.
On the basis of end-use industry, the market is segmented into electrical and electronics, automotive, building and construction and others.
Building & construction industry accounted for the largest end-use industry segment in 2014, followed by electrical & electronics and automotive & transportation segments respectively. However, electrical & electronics is projected to emerge as the largest end-use industry segment by the end of the forecast period. The electrical & electronics segment is expected to create incremental $ opportunity of US$ 699.7 Mn between 2015 and 2025.
Application-wise, the NHFR market is segmented into polyolefin (PO), epoxy, unsaturated polyester (UPE), rubber, polyvinyl chloride (PVC), polyurethane (PU), styrenics, engineering thermoplastics (ETP) and others.
The report also offers in-depth information about the market across seven major regions, namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa and Japan.
In 2014, North America accounted for the largest market value share in the global NHFR market, followed by Western Europe and APEJ respectively. Developed regions namely, North America, Western Europe and Japan collectively accounted for approximately three-fourth value share of the overall market in 2014. APEJ is expected to emerge as the fastest growing market for non-halogenated flame retardants over the forecast period.
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Non-halogenated Flame Retardants Market: Leading Companies

The key players in the non-halogenated flame retardants market that have been covered in this study are Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered Material, Amfine Chemical Corporation and THOR Group Ltd. accounted for the largest market share in the global non-halogenated flame retardant market by the end of financial year 2014–2015.

Automotive Steering System Market Estimated to Exhibit 4.3% CAGR through 2027

A new report published by Future Market Insights titled “Automotive Steering System Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” studies the performance of the global automotive steering system market over a ten year assessment period from 2017 to 2027. The report presents the value and volume forecast of the global automotive steering system market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from about US$ 33,700 Mn in 2017 to nearly US$ 51,270 Mn by 2027 end, resulting in a CAGR of 4.3% over the forecast period.
Global Automotive Steering System Market: Segmentation and Forecast
The global automotive steering system market is segmented on the basis of technology (electronic steering (H-EPS, C-EPS, P-EPS, R-EPS), hydraulic steering) and on the basis of vehicle type (passenger car (compact, mid-size, premium, luxury, SUV), light commercial vehicle (LCV), heavy commercial vehicle (HCV)).
R-EPS sub-segment is estimated to account for a significant share, i.e. 21.4% in the overall market by 2017 end. The sub-segment is projected to gain 1050 BPS between 2017 & 2027.
The sale of H-EPS segment was valued at US$ 3,216.5 Mn in 2016 end, which is estimated to reach about US$ 4,605 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 1,278 Mn between the forecast period.
The sale of the C-EPS segment was valued at US$ 12,655.8 Mn in 2016 end and is estimated to reach US$ 13,236.5 Mn by 2017 end.
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The sale of the P-EPS segment was valued at US$ 3,052.5 Mn in 2016 end and is estimated to reach US$ 6162.3 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 2,914.8 Mn during the forecast period.
SUV sub-segment is estimated to account for a significant share of 21.0% in the overall market by 2017 end. The sub-segment is projected to gain 580 BPS between 2017 & 2027.
The sales of the compact vehicle segment was valued at US$ 7,934.5 Mn in 2016 end and is estimated to reach US$ 11,486.5 Mn by 2027 end. This segment is expected to create incremental dollar opportunity of US$ 3,258.6 Mn during the forecast period.
The sale of the premium vehicle segment was valued at US$ 2,180.7 Mn in 2016 end and is estimated to reach US$ 3,689.2 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 1,415.0 Mn during the forecast period.
The sales of the HCV vehicle segment was valued at US$ 1,383.1 Mn in 2016 end and is estimated to reach US$ 1,557.9 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 202.3 Mn during the forecast period.
Global Automotive Steering System Market: Regional Forecast
Future Market Insights tracks the performance of the global automotive steering system market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. As per the forecast of Future Market Insights, APEJ region is estimated to account for maximum share of 38.3% in the overall market by the end of 2017. The market is projected to gain 300 BPS between 2017 and 2027. The market in North America was valued at US$ 5,702.6 Mn by the end of 2016, and is estimated to reach US$ 8,762.7 Mn by the end of 2027. The market is expected to represent an incremental $ opportunity of US$ 2,850.9 Mn between the forecast period.  The automotive steering system market in Western Europe is expected to represent incremental $ opportunity of US$ 3,041.0 Mn between the forecast period.
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Global Automotive Steering System Market: Vendor Insights

The report has included some of the key players operating in the global automotive steering system market such as JTEKT Corporation, Nexteer Automotive Group Ltd., Showa Corp., ThyssenKrupp AG, Hitachi Automotive System Ltd., Sona Koyo Steering System Ltd., Robert Bosch GmbH, NSK Steering System Co. ltd., Mando Corp., ZF Friedrichshafen AG, Magal Engineering Limited, ATS Automation Tooling System Inc. and Hyundai Mobis.  Tie-ups with vehicle manufacturers ahead of new model launch, attractive price offering & system upgrades through strategic partnerships and adopting market specific designs to gain competitive advantage remains key differentiating strategies of these key players.

Rack And Pinion Market to Expand with Significant CAGR During 2017 – 2027

Rack and pinion are gears and the mechanism of gear converts rotary motion into linear motion. Pinion is round gear that engages teeth on linear gear rack end or axial joints which is a toothed bar used in rack-and-pinion steering systems for translating rotational motion of pinion into linear motion. The combination of rack and pinion are often uses as a part of linear actuator. Over the last few decades and the current trend rack and pinion is in the vast majority of today's vehicles. It's direct, compact, simple, and gives great steering feel. Major application of such mechanism is used in automobile that converts the rotational movement of steering wheel into right-to-left and vice versa motion of the tie rod.

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Global Rack and PinionMarket: Dynamics
Application of racks and pinions can be used in any machine that requires conversion of rotational motion into linear motion and is commonly used in all types of gear systems from the modern power steering systems to conventional manual systems. Rack and pinion performs exceptional to its application as they are much less catastrophic to failure in vertical applications thus manufacturer discourage the use of belt driven actuators, and is a potential factor that drives growth of global rack and pinion market. Owing to dual pinion design or split pinion, the possibility to preload a rack and pinion system to avoid backslash is another potential factor that boost the application of rack and pinion in machines. Moreover racks and pinions can be constructed in nearly unlimited length.
The rack and pinion have advantage of positioning accuracy over belt drivers as to the unavoidable fact of belt have compliance and are made of plastic and will eventually stretch. Rack and pinion automatic lubrication system are always recommended to avoid failure or reduced performance. Substitute to rack and pinion such as belt and pulley system that do not require lubrication is the factor that restrain to global rack and pinion market. Rack and pinion actuator are open system which doesn’t have simple and effective way to enclose them, on the other hand belt driven actuators have advantage as they are relatively unaffected by liquid contamination such as oil and water. The factor is considered as a threat to growth of global rack and pinion market.
Global Rack and PinionMarket: Region Wise Outlook
The global rack and pinion market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). Europe holds relatively a major share of global rack and pinion market. The major share is accredited due to high number of industries such as manufacturing and automobiles in the region. Followed by Europe is North America and MEA, this is due to rack and pinion technology taking shape in oilfield. Thus the developed market in Europe and North America is estimated to witness healthy CAGR during the forecast period of global rack and pinion market. Rack and pinion market in APEJ is expected to witness high growth rate due to rise in sale of automobile in the region.

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Global Rack and PinionMarket: Prominent Payers

• Sati Spa
  
• Emerson Electric Co.
  
• Pentair, Inc.
  
• Rotork Controls, Inc
  
• Ultimate Power Steering
  
• Sirca International Srl
  
• SMC Pneumatics Pvt. Ltd
  
• bar GmbH
  

The global woodworking machines market is highly fragmented due to the presence of large number of regional and global players. Regional players choose quality service and competitive pricing as their winning strategy over global players. In response to this, global players are largely involved in merger & acquisition and partnership activities in order to enhance their profitability margin and market share.

Thermal Printable Wristband Market Rugged Expansion Foreseen by 2027

The thermal printable wristband is a secure and cost effect way to identify an individual in a quick and reliable way. Thermal printable wristband helps to provide embed text or variable data at a point of entry. Thermal printable wristband produces fine quality print and enables good scan ability. Thermal printable wristband printer uses direct thermal technology and prints barcode & time sensitive information such as date and time. More features in thermal printable wristband are that they are strong, lightweight, tamper-evident, nontransferable, phthalate free, latex free, and antimicrobial coating helps to secure skin against non-pathogenic bacteria. Thermal printable wristband has extensive application in the healthcare industry such as the hospital, amusement, water-park, nightclub, cruise, sports event and much more. Thermal printable wristband in medical environment improves speed and accuracy of the hospital task by allowing scanning and printing of patients information and barcodes directly on the wristband. Amusement and Attraction enable cashless pint of sale and access management.
Global Thermal Printable Wristband Market: Dynamics
The key driver for thermal printable wristband market is its cost effectiveness. Thermal printable wristbands have lower printing cost and higher durability compared to laser printed wristband as the added expense of toner makes the printing incur an additional charge. Thermal printable wristband outperforms in the hospital industry as it provides ease of operation, is less expensive and provides high-quality sharp images when compared to laser printing options. The ability to print by utilizing heat-sensitive media that blackness as it passes under the print head and such factors are considered to be a potential driver of the growth of thermal wristband market. Moreover, the assurance of security verification of individuals is quick and reliable as they are tamper-proof, supports the growth of thermal printable wristband market. Although thermal printable wristband is not well suited for an environment that exposes them to a high temperature for an extended period which is a challenging factor, the coating on top provides resistance to elements is another potential factor to the growth of thermal printable wristband market. Another possible factor that boosts its market is that thermal printable wristband can be made for single day use as well as for a longer period, they are latex free, and polypropylene stock which will not tear and will be still very flexible to use. Growing application of RFID wristband that allows enabling user to put more information when compare to thermal printable wristband is a significant threat to thermal printable wristband.

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Global Thermal Printable Wristband Market: Segmentation
Based on application: Global thermal printable wristband is segmented into:

• Hospitals
  
• Amusement
  
• Sports events
  
• Conference
  
• Concerts
  

Global Thermal Printable Wristband Market: Region Wise outlook
The global thermal printable wristband market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America holds relatively a higher share in the thermal printable wristband market. This is due to its wide application and demand in the healthcare industry such as the hospital, amusement, concerts, and much more. Europe is estimated to hold second major share in the thermal printable wristband market. The region is growing to its cost effectiveness which is provided by thermal printable wristband in the healthcare industry. Thus developed regions such as North America and Europe is estimated to witness healthy CAGR during the forecast period of the thermal printable wristband market. APEJ is estimated to grow at high CAGR in the forecast period of the thermal printable wristband market. Owing to the discard use of laser printed wristband that incurs higher cost for the user.

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Global Thermal Printable Wristband Market Players
Few of the prominent players in the global thermal printable market are as follows

• ZIH Corp.
  
• PDC BIG.
  
• National Ticket Co.
  
• Barcodes, Inc.
  
• DO RFID TAG
  
• Syndicate Group.
  
• Raco Industries
  

Air Traffic Control Equipment Market to Partake Significant Development During 2017 – 2027

Air traffic control equipment are used in aviation industry for navigation and for synchronized landing and take-off operations of aircrafts. Air traffic control equipment are also used for safety and well organized operations to avoid any air-related accidents/ collisions. They are necessary in maintaining systematized flow of air traffic and to avoid any needless traffic congestion. These equipment serves a main purpose of collision avoidance during flight of aircraft along with surveillance and navigation function. ATC equipment are used for management of safe and effective landing and take-off of aircrafts and ground control of aircraft at the airport.  Moreover, air traffic control equipment also helps aircraft during bad weather conditions in order to minimize delay.
Innovations in data processing and communication technologies have enhanced the demand for air traffic control equipment. Additionally emergence of automated transmission of needed information to pilots has initiated the installation of advanced air traffic control equipment across the world. Furthermore, improvement of microelectronics has boosted new opportunities for the air traffic control equipment market in the forecasted period.

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Air Traffic Control Equipment: Market Dynamics
Increasing air passenger and freight traffic have given rise to the aircraft activities and construction of new airports. Another significant driver for air traffic control equipment market is that renovation of the existing prototypes has been done to enhance several features such low visibility in adverse climatic conditions. These increasing modernization and construction of new airport is thus expected to boost air traffic control equipment market in the forecasted period. Furthermore, replacement of outdated ATC systems is cumbersome as a disruption of air traffic control is not practical. Phasing out old ATC equipment is thus a steady process wherein newly installed ATC equipment are operated in parallel with the earlier one. High protection requirements in aircraft and technological improvements in components are estimated to amplify the air traffic control equipment demand.
The increased spend in defense sector is also expected to offer growth opportunities for the Air Traffic Control Equipment market in the forecast period.
However, high price and maintenance cost of ATC equipment are projected to hamper ATC equipment market growth. Additionally lack of expertise and effective operations at peak hours is anticipated to pose a challenge to ATC equipment market growth.
Air Traffic Control Equipment: Regional Outlook
Asia Pacific region is expected to show the healthy growth of air traffic control equipment market in the forecasted period. The growth of the ATC equipment market in this region is mainly due to the increasing government expenditure for infrastructure improvement, liberalization of protocols related to air transportation, and developing GDP of the region. North America and Western Europe are considered to be the manufacturing hubs of air traffic control equipment since the inception of market owing to established technical know-how and business infrastructure.

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Air Traffic Control Equipment: Market Participants
Some of the major market participants of Air Traffic Control Equipment market are

Raytheon Company (USA), Searidge Technologies, Inc. (Canada), Sierra Nevada Corporation USA), Siqura B. V. (The Netherlands), Telephonics Corp. (USA), Thales Group (France), Advanced Navigation & Positioning Corporation Inc. (USA), The Aeronav Group Canada), Frequentis AG (Austria), Harris Corporation (USA), Indra Sistemas S. A. (Spain), BAE Systems Plc (UK), Becker Avionics Inc. (USA), CNS Systems AB (Sweden), Cobham Plc (UK), Intelcan Technosystems, Inc. (Canada), Kongsberg Gallium Ltd (Canada), Lockheed Martin Corporation (USA), NavAero, Inc. (USA), Northrop Grumman Corp. (USA),

Portable metal detectors, also referred to as security wands, are handheld, battery-powered, lightweight, devices that are designed to detect concealed objects, such as illicit contrabands that may contain metallic parts, weapons, etc. In short, a metal detector is a device designed to detect any metal. Portable metal detectors are equipped with a metal sensors, battery and come handheld in various sizes and shapes. They are useful in detecting hidden metal within objects or metal buried underground. A sample of this report is available upon request @https://www.futuremarketinsights.com/reports/sample/rep-gb-4275 These easily portable devices provide security professionals and law enforcement personnel with a low-cost and effective way of screening individuals seeking entry into a variety of locations, such as government buildings, airports, military installations, prisons, sporting events, concert venues, etc. These devices are used around security structures, MIA subdivisions and customs and by traffic police. They are also used in the field of archeology, medicine and other fields to detect hidden metallic objects, such as weapons on human body, among others. Portable Metal Detectors Market Dynamics: The portable metal detectors market is mainly driven by increasing government investments on security in government institutions, within the transportation industry, such as airports, railways, etc. as well as private & residential places where security is a prime concern. Moreover, increasing investments on infrastructural development all over the world and rising concerns regarding security will increase the demand for portable metal detectors in near future. Additionally, with every passing day, the general public is becoming aware of the importance of security equipment and thus, portable metal detectors are being increasingly demanded to be used in apartments, residential buildings, townships, etc. so as to ensure safety of the residents. Rising demand for portable metal detectors for conducting geological surveys will also add to the growth of the market. Beside this, strong emphasis of manufacturers on achieving technological advancements in portable metal detectors will create opportunities for the growth of this market. Portable Metal Detectors Market: Regional Outlook The portable metal detector market is mainly dominated by the North America region, especially the U.S., owing to government’s strong emphasis on security in public and private places and rising investments on infrastructural development, which in turn, is helping the region dominate the global portable metal detector market. It is expected that the security application segment will hold a major share during the forecast period. North America portable metal detector market is expected to register healthy CAGR over the forecast period. Asia Pacific is expected to remain the second largest market for metal detectors over the forecast period. To view TOC of this report is available upon request @https://www.futuremarketinsights.com/toc/rep-gb-4275 The region is expected to generate significant demand for metal detectors for security screening application owing to the ongoing infrastructural developments in countries, such as China and India. The Asia Pacific portable metal detector market is expected to register steady growth over the forecast period. Europe is expected to be the next big market for portable metal detectors. Europe is expected to witness significant CAGR over the forecast period. In MEA, GCC countries are expected to register steady growth owing to rising infrastructural developments and it is expected that the portable detector market will grow with significant CAGR over the forecast period in this region. Latin America is expected to register steady growth over the forecast period.

Portable metal detectors, also referred to as security wands, are handheld, battery-powered, lightweight, devices that are designed to detect concealed objects, such as illicit contrabands that may contain metallic parts, weapons, etc. In short, a metal detector is a device designed to detect any metal. Portable metal detectors are equipped with a metal sensors, battery and come handheld in various sizes and shapes. They are useful in detecting hidden metal within objects or metal buried underground.

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These easily portable devices provide security professionals and law enforcement personnel with a low-cost and effective way of screening individuals seeking entry into a variety of locations, such as government buildings, airports, military installations, prisons, sporting events, concert venues, etc.  These devices are used around security structures, MIA subdivisions and customs and by traffic police. They are also used in the field of archeology, medicine and other fields to detect hidden metallic objects, such as weapons on human body, among others.
Portable Metal Detectors Market Dynamics:
The portable metal detectors market is mainly driven by increasing government investments on security in government institutions, within the transportation industry, such as airports, railways, etc. as well as private & residential places where security is a prime concern. Moreover, increasing investments on infrastructural development all over the world and rising concerns regarding security will increase the demand for portable metal detectors in near future. Additionally, with every passing day, the general public is becoming aware of the importance of security equipment and thus, portable metal detectors are being increasingly demanded to be used in apartments, residential buildings, townships, etc. so as to ensure safety of the residents. Rising demand for portable metal detectors for conducting geological surveys will also add to the growth of the market.  Beside this, strong emphasis of manufacturers on achieving technological advancements in portable metal detectors will create opportunities for the growth of this market.
Portable Metal Detectors Market: Regional Outlook
The portable metal detector market is mainly dominated by the North America region, especially the U.S., owing to government’s strong emphasis on security in public and private places and rising investments on infrastructural development, which in turn, is helping the region dominate the global portable metal detector market. It is expected that the security application segment will hold a major share during the forecast period. North America portable metal detector market is expected to register healthy CAGR over the forecast period. Asia Pacific is expected to remain the second largest market for metal detectors over the forecast period.

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The region is expected to generate significant demand for metal detectors for security screening application owing to the ongoing infrastructural developments in countries, such as China and India. The Asia Pacific portable metal detector market is expected to register steady growth over the forecast period. Europe is expected to be the next big market for portable metal detectors. Europe is expected to witness significant CAGR over the forecast period. In MEA, GCC countries are expected to register steady growth owing to rising infrastructural developments and it is expected that the portable detector market will grow with significant CAGR over the forecast period in this region. Latin America is expected to register steady growth over the forecast period.

Marine Propulsion Systems Market to Register Steady Growth During 2017 - 2027

Marine Propulsion frameworks is a standout amongst the most critical piece of the marine vessel. Marine drive is the framework used to create impel a ship crosswise over water. Where oars and sails are as yet being utilized as a part of littler pontoons, present day ships are driven by mechanical frameworks which comprises of an electric engine or motor handing a propeller over pump-planes.
The kind of drive framework utilized as a part of boats relies upon the prerequisite of vessel. Direct propulsion framework is the most favoured framework on ships. It has a propeller, which is associated with the essential motor utilizing shaft. Direct propulsion framework is regularly utilized by ships employing in bound waters and in zones wherein higher rates are not permitted.
Gear drive propulsion systems framework is most usually utilized now a days. It is related with a wide range of prime movers. The primary elements of the framework is that it decreases the quantity of unrests from the motor yield such that the framework can determine most extreme propeller effectiveness.

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Electrical drive was the favoured one amid the times of Second World War. Be that as it may, these days most electrical drives have medium or rapid diesel motors as their prime movers.
Marine Propulsion Systems Market: Market Dynamics
The subsequent increase of water-based logistics involving transportation of heavy duty vessels has been a major driver of the marine propulsion systems market. Growth in ecommerce sector is another driver associated with the Marine Propulsion Systems Market. The repair and maintenance of components are expected to be future opportunities, particularly in heavy duty engines segment. The major players associated with marine propulsion engine systems market will be concentrating on technological advancements in the existing products available. Naval fleet development by countries such as India, China and Russia is going to boost the market for marine propulsion engine market.
The global Marine Propulsion Systems Market is being hit by low oil prices. Low oil prices globally has been a restraining factor for the market and future is also bleak because the price of oil is going to be low and investment in oil related products will be weak.
Marine transportation is a necessary substitute of other modes of transportation such as roads rails and airways which are not feasible for the international trade. With the increase in the global trade marine propulsion engine market is going to get a boost on account of this. Also the increasing cost in air cargo transport systems is going to shift demand towards marine transportation which in turn is going to boost the demand for marine propulsion system market.
Marine Propulsion Systems Market: Region-wise Outlook
In terms of production, North America, Western Europe and Asia Pacific together are expected to have a commanding share in the Global Marine Propulsion Systems Market owing to established infrastructure and technical know-how. In terms of consumption of marine propulsion engine, North America and Asia Pacific followed by other regions are expected to dominate the global Marine Propulsion Systems Market. North America with the increasing list of billionaires people are set to spend more money of expensive boats and yachts which is going to boost the market for marine propulsion systems market. Also the increase in global trade and increase in consumption power globally purchasing of container ships in countries like India, USA, China is going to boost the demand for marine propulsion systems market.

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Marine Propulsion Systems Market: Market Participants
Examples of some of the players of Marine Propulsion Systems Market includes MAN Diesel & Turbo, Caterpillar, Doosan Infracore, Daihatsu Diesel Mfg. Co. Ltd., Yanmar Marine International B.V., Rolls-Royce plc., Dresser-Rand, Marine Diesel AB., Volvo Group and Deere & Company among others.

In terms of product offerings, perennial research & development in product design to provide high operating efficiency and compact engine assemblies has been undertaken by the manufacturers. The marketing process is based on B-2-B model, which involves showcasing of new prototypes on market platforms such as Expo Fairs and via media & communications, which have been the marketing and promotion activities followed by the global Marine Propulsion Systems Market participants.

Virtual Workspace Solutions Market to Rear Excessive Growth During 2017 – 2027

The demand for the next generation workplace solution has led to the rise in the popularity and use of the virtual workplace solution deployment. The virtual workplace solutions are used as WaaS (Workplace as a Services). The virtual workplace solutions have gained immense popularity in recent years owing to the unique and efficient solutions which they provide. With the rapid globalization of the businesses to operate at the international levels, the virtual workplace solution is always preferred by the organizations and employees. The flexibility required in maintaining the businesses activities at the international levels is easily provided by using virtual workplace solutions. The virtual workplace solution is usually preferred because the on-time service delivery is possible using these solutions.
The virtual workplace solutions are used to sustain in today’s information era as technology is changing rapidly across the globe and to meet consumer needs around the world. Organisations are using virtual workspace solutions because it helps them to sustain in the competition at the global level in the manner of delivering fast and cost effective solutions to the employees and enterprises. Studies on the effectiveness of Virtual workspace solutions have shown that it is effective to maintain good performance levels in the employees and hence of the organizations.
Global Virtual Workspace Solutions Market: Drivers and Restraints
The primary advantage of the virtual workplace solutions is its ability to streamline multiple ends of the working line at the same time by employees as well as consumers; this factor is the primary factor driving the growth of the virtual workplace solution market globally. Also, the virtual workplace solution provides a cost effective solutions to the enterprises for maintaining the presence of their organization at the global level because, the infrastructure is not required for the virtual business, so the costs of implementing the office environment and other essential commodities are not necessary.

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The biggest problem of work-life balance in employees can easily maintain using the virtual workplace environment implementation. Using virtual workspace solutions the centralized data storage and management is easily possible which results in the reduction of data loss and provides information security this factor is also expected to contribute to driving the growth of the virtual workspace market globally. On the other hand, the factor that lack of human contacts may result in decreased team spirit, productivity and trust among the team members. Also, the cultural and behavioural diversity is not providing the required results to the businesses.
Global Virtual Workspace Solutions Regional Outlook
The global market for Virtual workspace solutions is divided regionally into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. Among these regions, the North America, Europe, and APEJ regions have the highest demand for virtual workspace solutions due to rapid adaptation and increasing demand for the BYOD (Bring Your Own Device) pattern in the work culture. The BYOD factor is contributing in fuelling the demand for workspace virtualization globally.  The North America region is expected to dominate the market in terms of revenue generation. APEJ region is predicted to grow at the highest CAGR. On the other hand, MEA and Japan are expected to grow at the moderate rate in the forecast period.

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Global Virtual Workspace Solutions Competitive Landscape

The key vendors for virtual workspace solutions include FUJITSU, CloudDesk Technology Pte Ltd, Atlasntis Computing, Inc., Bitrix, Inc., Dell, Microsoft, VMware, Inc., Getronics, Amazon Web Services, Inc., etc.

No SQL Database Market to Witness Comprehensive Growth by 2027

No SQL database is also known as non relational, non SQL, not only SQL database. No SQL database is used to implement big data and real time web applications. No SQL database provides users facility of storage and retrieval of data from the database used mainly for storage, access, and retrieval of unstructured data. This database system is used for many purposes in businesses of all sizes. Enterprises prefer no SQL databases due to an availability of elastic scaling option for them which helps to manage larger database dynamically according to company requirements and data availability. The other benefits of using No SQL database include simpler designs, scalability, and higher availability with precision control. No SQL database provides facilities for ad hoc query and analysis. Enterprises are preferring No SQL database over traditional RDBMS because No SQL databases often trade on ACID (atomic, consistent, isolated, and durable) transactions for improved performance. The cost for handling exponentially rising data traffic and transaction volume is reduced because cheap commodity servers are used for implementing No SQL database.

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Global No SQL Database Market: Drivers and Restraints
The major factor in driving the market for No SQL database is enablement for managing big data easily because of this feature the rate for adaptation of No SQL database is rising substantially. The demand for No SQL database is expected to grow significantly in forecasted period because of the growing e-commerce industries, businesses also the sectors such as retail, gaming, IT and others. Enterprises are focusing on social media for improvising their customer relationships this factor is also expected to fuel the market of No SQL database. Owing to rapid industrialization and rise in day by day data traffic is going to drive the market for No SQL database globally. Moreover, the lack of awareness regarding benefits of No SQL database over relational database approaches is going to restraine growth of No SQL database market.
Global No SQL Database Market: Region wise outlook
The global No SQL Database market is divided into seven regions, namely Japan and the Middle East and Africa (MEA), North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ).  Among these regions, North America is going to account for a large share of the market and lead the global market owing to the increasing usage of IT and the growing internet access across North America followed by Latin America. APEJ, Japan, MEA is expected to grow with highest CAGR due to rising in demand of data management solution in all verticals.

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Global No SQL Database Market: Industry Key Players

No SQL database providing leading market players of the industry are:Oracle, DynamoDB, MapR Technologies, Inc.ObjectLabs Corporation, The Apache Software Foundation, Skyll, Basho Technologies, MarkLogic, Aerospike, InfiniteGraph.