Thursday, 30 January 2020

Polysilicon Market - Analytical Overview, Growth Factors, Demand & Trends Forecast to 2026


New York City, 30 January 2020: The global polysilicon market size is estimated to reach USD 9.68 billion by 2026 says a new report published by Polaris Market Research. The report “Polysilicon Market Share, Size, Trends, Industry Analysis Report By Application (Photovoltaics {Monocrystalline Solar Panel and Multicrystalline Solar Panel} and Electronics), By Regions, Segments & Forecast, 2019 – 2026” gives an accurate analysis of current market indices and taps future market trends.

Polysilicon is a high-purity silicon grade and a major raw material for the electronics and photovoltaic (PV) industries. Silicon has profuse abilities from which it is manufactured. The three commercial processes for extracting it from silicon are quite lucrative. Polysilicon finds itself useful in production of PV wafers which is another strong growth factor for global market.


The product is characteristically identified by two grades. One is electronics and the other solar. The electronics grade is used to manufacture microelectromechanical systems, optics, power conversion devices and Integrated Circuits. The solar grade is used in manufacturing photovoltaic cell. 

The global solar installations surpassed 100 GW for the first time in 2017. This phenomenon has raised the ranking of polysilicon and wafers that are manufactured. Though the solar installation has grown prolifically on a global basis, the market witnessed less supply in 2017. The weak demand came about due to China with feed-in-tariff deadline and lack of transmission line that occurred in West China form sunnier regions.
  
Globally, solar energy has been actively adopted for different end-use industries in various applications. This has resulted in increased consumption of polysilicon in photovoltaic industry. An improvement in emerging countries of the world with rising disposable incomes has been major parameters for success of these end-use sectors. The demand for consumer electronics has also risen due to such economic and social factors.


Polysilicon is extensively used in electrical and electronics industry for manufacture of electrical components such as integrated circuits, which are an integral component in all electronics circuits and assemblies. A rising demand for smart phones, personal computers and data storage devices has given industry wide traction in the electrical and electronics industry globally.

China is a major consumer and also the largest PV module-manufacturing base which are factors responsible for growth of market in the country. However, there are minor obstacles in market on account of feed-in-tariff and ongoing trade disputes between China and United States. The situation in China has worsened the financial leg of US because US has lost access to China’s PV manufacturing industry, leaving a huge financial loss in its wake.

Asia Pacific is anticipated to be the largest and fast-growing regional market due to industrial growth of its countries, especially the emerging countries. China, India, South Korea and Japan have significantly contributed to growth in region. The global polysilicon market comprises large multinational and domestic companies. The industry is moderately consolidated and highly competitive.


The key industrial players in global polysilicon market include REC Silicon, Wacker Chemie, LDK Solar Company Ltd., Tokuyama Corporation, CSG holdings Co., Ltd., Mitsubishi Materials Corporation and GCL Poly Energy Holdings Ltd.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
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Phone: 1–646–568–9980
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Automated Guided Vehicle Market - Size By Product Capacity, Production, and Application 2026


New York City, 30 January 2020: The worldwide automated guided vehicle market is anticipated to reach USD 3,977.8 million by 2026 according to a new study published by Polaris Market Research. In 2017, the automotive sector dominated the global market, in terms of revenue. Europe is expected to be the leading contributor to the global market revenue during the forecast period.

Growing need for automation and increasing labor costs fuel the market for adoption of AGV. Use of these automated vehicles increases productivity, and efficiency, while saving time and costs. The increasing demand from industries including healthcare, defense, aerospace, agriculture, and food and beverage is expected to provide growth opportunities in the coming years. Emerging and untapped markets of developing economies further provide growing opportunities to key players in the market. Increasing investments, research and development further boosts the growth of the market.


There has been a high demand for automation in the global market. Companies are automating processes to reduce cost, save time and deliver better quality products. With stiff competition existing in the global market, companies are automating their processes for better quality and increased productivity. These vehicles automate internal processes and reduce the workload of employees, by working in collaboration with workers for better efficiency. Due to stringent safety regulations, companies are forced to employ Automated Guided Vehicles for dangerous and hazardous environment conditions. Automation of manufacturing processes was earlier restricted to only automotive sector. Now, industries such as healthcare, aerospace, food and beverage are also adopting the automated vehicles solutions. Increasing need of automation in various industries is a key factor driving the growth of the market.
  
With ever-increasing labor costs existing in most of the countries, companies are turning towards AGVs to save costs and time. Their usage increases efficiency while reducing wastage. They also eliminate chances of faults occurring due to human errors. These vehicles can be operated with the help of software, thereby saving the expense spent in training and management of labor. Unavailability of skilled labor to manage the processes along with high labor costs pushes companies towards automation and supplements the growth of this market.


Europe generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. Asia-Pacific is expected to grow at the highest CAGR during the forecast period. Rapid industrialization and increasing automation in the region drives the market growth. Introduction of new advanced technologies and increasing applications in automotive, aerospace, electronics and healthcare sectors is expected to support market growth. Growing demand from automotive industry for high quality products, along with increasing labor costs encourages companies to invest in automation, thereby augmenting growth.

The various end-users of AGVs include automotive, aerospace, healthcare, food and beverage, and others. In 2017, automotive accounted for the largest share in the global market, and is estimated to grow at a substantial rate during the forecast period. Companies use these vehicles in the automotive sector to save cost and increase their production. The key factors driving this market include increasing labor costs, new safety regulations, and need for increased efficiency. Use of AGVs in the automotive industry enables manufacturers to achieve high quality, reliability, economic efficiency and less product life cycle cost.


The well-known companies profiled in the report include Toyota Industries Corporation, KUKA AG, Daifuku Co. Ltd., Bastian Solutions, Inc., JBT Corporation, Swisslog Holding AG, Seegrid Corporation, Baylo, Inc., EK Automation GmbH, Kion Group AG among others. These companies launch new products and collaborate with other market leaders to meet the increasing needs and requirements of consumers.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com


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4D Printing Market - Size Sales Volume, Product Category, Application and Specification Analysis by 2026

New York City, 30 January 2020: The global 4D Printing market size is expected to reach USD 419.5 million by 2026 according to a new study by Polaris Market Research. The report “4D Printing Market Analysis By Material (Programmable Carbon Fiber, Programmable Wood, Programmable Textiles), By End-use (Defense, Aerospace, Automotive, Textile, Healthcare, Others), By Region, And Segment Forecasts, 2019 – 2026” gives a detailed insight into current industry dynamics and provides analysis on future market growth.

4D printing continues to emerge as an advance in 3D printing technology. 4D printing allows components to become a different form when exposed to heat or moisture or other environmental stimuli. This technology advances the process of shape production beyond 3D printing which results in additional design flexibility which can lead to the introduction of new types of products in order to adapt their functionality to the environment, in a pre-programmed fashion. The study shows that 4D printing is revolutionizing printing technology.


Furthermore, the future market growth is likely complemented by the potential scope for product development and innovations. A comprehensive analysis of the research on the worldwide market focuses on key aspects that will have an impact on industry growth in the next couple of years. The study included a thorough discussion on latest trends, product segmentation, competitive landscape and key applications the of the global market.

One of the main factors predicted to accelerate the development of the global industry over the coming years is the growing need for reduced production and processing costs. Furthermore, the increasing focus on encouraging a sustainable environment can accelerate the development of the market in the near future. On the other hand, growing insecurity for policy makers, high development costs and increasing issues relating to player entry are all factors that should restrict the development of the 3D printing market in the near future.


The global market has been split into the Middle East and Africa, North America, Latin America, Europe and Asia-Pacific region, from a regional point of view. According to its report, the growth of North America during the prediction period will likely be promising and will account for a huge share in the market overall. The strong growth in this region can be attributed to the initialization of the four-dimensional technology concept, especially in the USA. Moreover, the Asia Pacific market for 4-dimensional printing is expected to remain second in the next few years.

 The leading players in the industry are expected to be given lucrative opportunities. The demand for high initial costs is however expected in the coming years to limit the growth of the Asian Pacific market.

3D Systems Inc., Hewlett Packard company, Organovo Holdings Inc., ExOne Corporation, Materialise NV, ARC Excellence Center for Electromaterials Science, AutoDesk Inc., Stratasys Ltd, MIT Self-Marketing Lab are among the world’s leading players in the global market. In the coming years, these players are expected to experience a strong competition. In addition, a substantial increase in the number of players will likely promote the overall market growth in the near future.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com


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Petrochemicals Market - Sales, Revenue, Gross Margin and Market Share Forecast to 2026

New York City, 30 January 2020: According to a new report published by Polaris Market Research the petrochemicals market is anticipated to reach over USD 1,203.2 billion by 2026. In 2017, the ethylene segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
A significant growth in industries such as healthcare, automobile, construction, food and beverages, along with government initiatives and funding is expected to support the growth of this market. Other driving factors include abundance of raw materials in Middle East and favorable regulatory policies in Asia-Pacific. However, increasing environmental concerns, growing demand for bio-based chemicals, and price volatility of crude oil and natural gas are expected to restrict the growth of the market. Increasing demand from developing nations, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period.
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Petrochemicals are used in a wide range of applications in medical and healthcare sector. Phenol and Cumene are used for creation of a substance used for manufacturing of penicillin and aspirin. Petrochemical resins are used in drug purification, drug manufacturing for treatment of AIDS, cancer, and arthritis, development of artificial skin and limbs, and manufacturing of medical equipment such as bottles, and disposable syringes among others. In the food industry petrochemicals are used in manufacturing of food preservatives, chocolates and candies, and food coloring among others.
Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The high economic growth in the region, growth in automotive and construction industries, and rising standards of living are expected to drive the market growth. Increasing disposable incomes in developing countries of this region, increasing applications of petrochemicals, and competitive manufacturing costs are further expected to support market growth. Rapid urbanization, and rising shale gas explorations in the region are expected to further provide growth opportunities during the forecast period.
The different types of petrochemicals include propylene, benzene, ethylene, butadiene, xylene, styrene, toluene, vinyls, methanol, and others. In 2017, ethylene accounted for the highest market share. However, adoption of methanol is expected to grow at the highest CAGR during the forecast period. The increasing demand of methanol for gasoline blending, and MTO (methanol to olefins) processes is expected to support its adoption in the coming years.
The well-known companies profiled in the report include include Royal Dutch Shell PLC, BASF SE, British Petroleum, The DOW Chemical Company, China National Petroluem Corporation, Chevron Corporation, ExxonMobil Corporation, LyondellBasell Industries Inc., INEOS Group Ltd., E. I. Dupont De Nemours & Company, Sabic, and Sinopec Ltd among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
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Encryption Software Market - Revenue (Value) by Regions, Type and Application 2026

New York City, 30 January 2020: The global encryption software market size is anticipated to reach USD 20.44 billion by 2026 according to a new research published by Polaris Market Research. The report “Encryption Software Market Share, Size, Trends, Industry Analysis Report By Deployment Model (On-Premise, Cloud-Based); By Application (File Encryption, Disk Encryption, Database Encryption, Cloud Encryption, Communication Encryption, Others); By Organization Size (Large Enterprises, Small and Medium Businesses); By End-User (BFSI, Healthcare, Aerospace and Defense, Government and Public Utilities, Retail, Others); By Regions, Segments & Forecast, 2019 – 2026” provides strong market indices and taps on future growth parameters.
In 2018, the BFSI segment dominated the global market in terms of revenue. North America was the leading contributor to global revenue in 2018. An urgency to protect critical data and growing number of data lapses has boosted the adoption of encryption software. The widespread growth of mobile devices and increasing trend of BYOD further support the growth of this market. The rising spread of virtualization, cloud and big data analytics has supported market growth over the years. Growing investments in technological advancements by vendors, coupled with growing demand for cloud-based encryption software would accelerate the growth of encryption software market during forecast period. However high costs related to advanced encryption solutions and an awareness shortage among small and medium enterprises hinder growth. Growing demand from developing economies and technological advancements are expected to provide several growth opportunities in the future.
North America generated highest revenue for market in 2018 and is expected to lead the global market throughout forecast period. The increase in number of cyber-attacks and growing number of data breaches drive the market growth. A growing trend of BYOD, IoT, big data analytics and virtualization evinces the need of encryption software for data protection and data loss. A rising penetration of mobile devices and technological advancements bolster growth in the region. A greater spending on data protection in BFSI and defense sectors in the region promotes growth in the region.
A rushing request from emerging economies, expanding adoption of the software by BFSI sector and flooding demand for cloud-based encryption solutions are factors boosting growth of product during forecast period.
Enormous walks in strong innovation, data loss among enterprises has made encryption software very crucial for safe data transmissions. Furthermore, as undertakings are pushing forward with distributed computing, the product has become all the more important to prevent data slips by safeguarding touchy information.
Asia Pacific is expected to display highest CAGR during forecast period owing to urging need for data integrity at all levels in the industries in developing countries of the region.
The companies include Microsoft Corporation, Symantec Corporation, IBM Corporation, EMC Corporation, CISCO Systems Inc., Intel Security, Check Point Software Technologies Ltd., Oracle Corporation, Trend Micro, Inc., and Sophos Group Plc. among others.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
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Wednesday, 29 January 2020

Aircraft Health Monitoring Systems Market 2026 Industry Size, Outlook, Trends And Growth Analysis By Regional Players


New York City, 28 January 2020:The global aircraft health monitoring system marketsize is anticipated to reach USD 7.55 billion by 2026, according to a new research published by Polaris Market Research. In 2017, the hardware segment dominated the global aircraft health monitoring system (AHMS) industry, in terms of revenue. North America accounted for the majority share in the global market in 2017.

The increasing government regulations regarding safety, along with growing instances of aviation accidents majorly drive the market growth. The increasing volume of air traffic and rising safety concerns, especially from the defense sector, have increased the demand for real-time fault management, predictive maintenance, performance monitoring, thereby supporting the growth of Aircraft health monitoring system industry. Other factors driving the market growth include growing adoption of connected aircraft solutions, growing need of automation and reduction in operation costs, technological advancements, and increasing adoption of IOT. New emerging markets, upgradation and replacement of old aircraft with new generation aircrafts, and significant investments in research and development would provide numerous growth opportunities in the aircraft health monitoring system industry during the forecast period.

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The aircraft health monitoring system is a collection of various tools and techniques which work together to monitor the lifecycle of the aircraft parts. This technology is also able to predict when a particular part or process might fail. Over-heating of engines, high vibrations, low oil pressure, hard landings are some examples of situations that require investigation and attendance. The technology enables proactive maintenance of the aircraft along with its engine and other intricate parts.
North America is expected to dominate the global Aircraft health monitoring system market during the forecast period. This is due to rising number of commercial aircrafts and increasing air traffic in the region. Increasing safety concerns, and growing demand for safe travel experience boosts the aircraft health monitoring system industry growth in the region. Presence of global players in this region taps market potential and boosts the market growth.

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Increasing technological advancements and significant investments in research and development for development of advanced aircraft health monitoring solutions support the market growth in this region. The government regulations regarding aircraft safety, increasing adoption of connected aircraft solutions, and upgradation of old aircrafts further supports aircraft health monitoring solutions market growth.

The well-known companies profiled in the aircraft health monitoring systems report include Rolls-Royce plc, Airbus S.A.S., Rockwell Collins, Ultra Electronics Holdings PLC, Boeing Company, Honeywell International Inc., General Electric Company, RSL Electronics Ltd., Meggitt PLC, and Lufthansa Technik. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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Essential Oil Market Size to reach USD 16,172.2 million by 2026 | Polaris Market Research



New York City, 29 January 2020:According to a new report published by Polaris Market Research the essential oil market is anticipated to reach USD 16,172.2 million by 2026.A significant increase in disposable income, changing lifestyles, and initiatives by market players to promote healthy lifestyles drive the growth of this market. Other driving factors include increasing incidences of stress and anxiety, growing inclination towards use of natural and organic products, and increasing awareness regarding physical and mental health. The use of essential oils in various applications such as food and beverages, healthcare, pharmaceutical, cosmetics, and aromatherapy further propel the market growth. Increasing demand in developing nations is expected provide numerous growth opportunities to the market players during the forecast period.


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There has been a shift towards e-commerce and consumers are increasingly purchasing essential oils through online platforms. The variety of choices available coupled with ease of purchase offered by online platforms encourages consumers to buy essential oils online, supplementing the growth of the market.

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for essential oils market. Factors such as increase in per capita income and changes in consumer behavior towards physical and mental health are expected to accelerate the adoption of essential oils in the coming years.

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Europe generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The high geriatric population in the region coupled with high disposable income drives the market growth. The high demand of essential oils in food & beverages and cosmetic products support the market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing disposable incomes in developing countries of this region, rising awareness about benefits of essential oils, and rising demand of essential oils from healthcare sector in this region.

The different types of essential oils in the market include lemon, lime, orange, corn mint, eucalyptus, peppermint, citronella, clove leaf, and others. In 2017, the orange essential oil segment accounted for the highest market share. The increasing demand for orange essential oil is owing to properties such as anti-inflammatory, antidepressant, and antispasmodic. Use of orange essential oil has a calming effect on mind and body, and is used in various cosmetics products. It is also used in various foods and beverages to enhance flavor.

The well-known companies profiled in the report include Dōterra International LLC., Rocky Mountain Oils, LLC, Naturals Together, Robertet SA, Now Health Group, Inc., Biolandes SAS, Falcon Essential Oils, Ungerer Limited, The Lebermuth Company, Flavex Naturextrakte GmbH, Farotti Srl, and E. I. Du Pont De Nemours and Company among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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