Monday, 29 June 2020

Air Compressor Market Trends, Drivers, Strategies, Segmentation Application With Top Key Players

According to a new research published by Polaris Market Research the air compressor market is anticipated to reach over USD 45.6 billion by 2026. In 2017, the stationary air compressor 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.

The increasing applications of air compressors in industries such as healthcare, construction, mining, automotive, and oil & gas among others are expected to support the growth of this market. Other driving factors include high energy efficiency, low maintenance cost, environmentally friendliness, portability, ability to deliver variation in supplied pressure. The increasing awareness regarding use of energy efficient compressors would boost the market growth during the forecast period. However, rising cost of raw material, noise pollution, and contaminated compressed air hamper the growth of the market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.


Air compressors are used to power a variety of equipment in diverse applications such as automated tools, spray painting equipment, material handling and separation equipment. There has been an increasing demand of energy efficient air compressor over the years. Use of energy efficient air compressors helps in conserving electricity and reducing costs. Thus, launch of energy efficient air compressors by leading players in the market would provide growth opportunities in the market.

Turbocor and thermoacoustic are some emerging technologies in the air compressor segment. Compressors based on turbocor technology offer an oil free design with comparatively lesser moving parts, and deliver high performance and reliability. Thermoacoustic compressors utilize a thermoacoustic engine and a positive displacement reciprocating compressor. These upcoming technologies along with research and development would provide new opportunities in the air compressor market.

  
Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, agriculture, construction, and automotive, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support market growth in the region.

The different types of air compressors include stationary, and portable. In 2017, the stationary segment accounted for the highest market share. The stationary air compressors have higher capacity with large tank sizes, enabling them to operate with high-power motors. These air compressors are suitable for heavy industrial applications. They are widely used in industries such as automobile, mining, manufacturing, construction, and others. Oil lubricated air compressors, which support the heavy duty applications, are commonly used for stationary air compressors.

The well-known companies profiled in the report include Sullair, LLC, VMAC Company, Mitsubishi Heavy Industries Ltd., Atlas Copco, Ingersoll Rand Inc., Kobe Steel, Bauer Group, GE Energy, Hitachi Industrial Equipment Systems Co., Ltd., Oasis Manufacturing, Rolair Systems, and Kaeser Compressors 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.


Contact us
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
on No comments:
Labels: , , , , ,

Cyber Security Market Latest Industry Growth,In-Depth Analysis And Opportunities Till 2026

The cyber security market is anticipated to reach over USD 269.76 billion by 2026 according to a new study published by Polaris Market Research. In 2019, the enterprise segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2019.

The growing need for protection of sensitive data, and increasing cyber terrorism has boosted the adoption of cyber security solutions. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. Additionally, the increasing demand of cyber security solutions from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing demand for cloud-based cyber security solutions would accelerate the growth of the cyber security market. However, However, growing use of pirated cyber security solutions, and complexities associated with device security hinder market growth. Growing demand from emerging economies is expected to provide numerous growth opportunities in the coming years.


The cases of cyber-attacks in the healthcare sector have increased significantly over the years. The high demand for electronic health records in the black market has resulted in numerous cyber-attacks. The healthcare sector is prone to cyber-attacks owing to limited budget allocation by healthcare institutions for cyber security. The healthcare sector is dominated by small practices and rural hospitals, which lack the resources for investment in cyber security, thereby increasing risks of cyber-attacks. However, introduction of affordable cyber security solutions for healthcare sector, increasing awareness, and growing incidences of cyber-attacks are expected to promote the adoption of cyber security in this sector.

North America generated the highest revenue in the market in 2019, and is expected to lead the global market throughout the forecast period. The increase in number of cyber-attacks, and growing trend of BYOD drive the market growth in the region. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The increasing spending on data protection in BFSI and defense sectors in the region further promote market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing need for data privacy across various industries in the developing countries of the region.

Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At : https://www.polarismarketresearch.com/industry-analysis/cyber-security-market/speak-to-analyst

The end-users in cyber security market include BFSI, IT & Telecom, healthcare, retail, defense and government, travel and hospitality, and others. In 2019, the defense and government segment accounted for the highest market share owing to increasing need to protect sensitive data and avoid cyber-attacks. The growing government spending to provide enhanced cyber security to the public sector and increasing implementation of cyber security installations in the defense sector, especially in developing countries, supports the market growth in this sector. The increasing adoption of cloud-based cyber security in this sector is expected to support market growth in the coming years.

The well-known companies profiled in the report include Symantec Corporation, Cisco Systems Inc., BAE Systems Inc., EMC Corporation, Hewlett-Packard Enterprise, Intel Security, Palo Alto Networks, Proofpoint Inc., LogRhythm Inc., IBM Corporation, Fortinet, Inc., and Centrify Corporation 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. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
Contact Us
Polaris Market Research
Phone: 1-646-568-9980

on No comments:
Labels: , , , ,

Automotive Aftermarket Market 2020 analysis examined in new Customer Behavior Analytic Market research report


The global Automotive Aftermarket The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Automotive Aftermarket, 2018-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.


The global automotive aftermarket market is expected to reach more than USD 519 billion by 2026 with a CAGR of 4% during the forecast period as per a new study released by Polaris Market Research. The report “Automotive Aftermarket [By Product (Tire, Wheels, Battery, Lighting Components, Exhaust Components, Body Parts, Accessories, Telematics, and Others); By Sales Channel (OEM, Professional Service Stations); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Region]: Market size & Forecast, 2017 – 2026”. provides an extensive analysis of present market dynamics and predicted future trends.


In 2017, the tire segment accounted for the majority revenue share in the global market. The key factor driving the market include expanding the global automotive industry and the rising average age of vehicles. The growing awareness about proper maintenance and repair of vehicles is expected to propel the demand in the coming years. Other factors boosting the market growth include technological advancements in telematics, greater need for long distance travel, and changing lifestyles. New emerging markets, sale through online channels, and emerging consumer demographics are expected to offer a new avenue for growth in the coming years.

The major vendors profiled in the report include Denso Corporation, Royal Dutch Shell PLC, Exide Technologies, Inc., Johnsons Controls Inc., Delphi Automotive PLC, 3M Company, Goodyear Tire & Rubber Company, Magneti Marelli S.p.A, Cooper Tire & Rubber Company, and Robert Bosch GmbH, among others. These vendors are involved in strategic initiatives such as new product development, merger and acquisition, and collaboration with other market leaders to meet the increasing needs and requirements of consumers.
The competition is high in automotive aftermarket market owing to the presence of a large number of industry players and the players offer products and services required for repair and maintenance for a wide range of vans, trucks, cars, and buses. The factor such as price, quality, vehicle age, and convenience affect consumer buying behavior.

High investment in research and development is expected to open a new avenue for growth during the forecast period. The demand for replaceable parts and accessories such as clutch systems, axle, and engine parts is gaining owing to wear and tear of vehicles. Increase in the number of accidents has also propelled the demand.


In 2017, North America dominated the global market as to the presence of a large customer base with high disposable income and high demand for replaceable vehicle’s parts. Asia-pacific is anticipated to witness the highest growth rate during the forecast period owing to rising demand form the developing nation such as China and India and the expansion of global players. The rise in living standards and high disposable income is expected to boost the market growth in the coming year in the region. The factors such as poor road infrastructure and favorable production regulations, in developing nations such as India, and Pakistan are estimated to drive the demand during the forecast period.

The automotive aftermarket can be classified based on products into tire, battery, wheels, exhaust components, lighting, telematics, accessories, body parts, and others. The tire segment is expected to dominate the market during the forecast period. Tires require periodic replacement as external factors easily damage them.  The radial tire is gaining popularity as to properties such as higher durability, low rolling resistance, and enhanced service.
The market is segmented based on vehicle type into passenger vehicles, and commercial vehicles. The growing demand for passenger vehicles in developing regions such as India, China, and Brazil is expected to provide numerous growth opportunities in the coming years. Commercial vehicles are mostly used for activities such as industrial, mining and construction, and logistics. These vehicles require frequent repair and maintenance and create a market for replaceable products.

*If you have any special requirements, please let us know and we will offer you the report as you want. Speak to Analyst to know more @ https://www.polarismarketresearch.com/industry-analysis/automotive-aftermarket-market/speak-to-analyst

Polaris Market Research has segmented the global automotive aftermarket market on the basis of product, vehicle type, sales channel, and region:
 Automotive Aftermarket Product
  • Tire
  • Wheels
  • Battery
  • Lighting
  • Exhaust Components
  • Body Parts
  • Accessories
  • Telematics
  • Others
Automotive Aftermarket Vehicle Type 
  • Passenger Vehicle
  • Commercial Vehicle
Automotive Aftermarket Sales Channel
  • OEM
  • Professional Service Stations
  • Others
Automotive Aftermarket Regional
  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Latin America
    • Brazil
  • Middle East & Africa

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. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
on No comments:
Labels: , , , ,

Thursday, 25 June 2020

LiDAR Drone Market Company Profiles, Trends by Types and Application, Operating Business Segments 2026

The global LiDAR Drone Market size is expected to reach USD 372.5 billion by 2026 according to a new study by Polaris Market Research. 

The demand for LiDAR drones is increasing owing to its ability to collect the data points at a faster rate. Some features offered by them include time and cost effectiveness, enhanced quality data, and increased safety. These drones are adopted across diverse applications such as transportation, forestry, hydrology, mining, and construction among others. Agriculture sector is increasingly adopting these drones for improving yield production, crop health management, and improving soil conditions.

Rotary wing LiDAR drones dominated the global market in 2019. However, the demand for fixed wing is expected to increase during the forecast period owing to longer flight autonomy, larger area coverage, and improved output quality. Fixed wing drones enables improved constant control of the main parameters influencing the flight. They also offer enhanced aerodynamic performance, greater control of image quality, and noise elimination


The LiDAR Drone Market is characterized by established companies and large giants. Owing to technological advancements, and greater need to cater to customer requirements, companies are collaborating in order to strengthen market presence and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include Geodetics, Inc., Faro Technology, Trimble Navigation Limited, SZ DJI Technology Co. Ltd, Velodyne LiDAR, Inc., Phoenix LiDAR Systems, UMS Skeldar, Teledyne Optech, Riegl Laser Measurement Systems GmbH, YellowScan, OnyxScan, LiDARUSA, Delair, Sick AG, MicroDrones, Leica Geosystems AG, and 3D Robotics, Inc.

The range segment has been divided into is segmented into Short Range, Medium Range, and Long Range LiDAR Drones. In Feb 2018, Delair, a major provider of commercial drone launched Delair DT26X LiDAR UAV with RIEGL miniVUX-1DL sensor fully integrated. The new offering is a long-range fixed wing drone equipped with LiDAR sensing capabilities and integrated high resolution RGB (red, green, blue) camera for improved precision and efficiency of surveying and 3D mapping.

Cameras are a major component of LiDAR drones. They are used for capturing images of environment or target objects and are generally upgraded with 3D sensing technology. Efficient 3D cameras are found useful in site-surveying applications to capture finer details. The 3D cameras used can capture real-time videos. The 3D cameras are used for mapping and texturing across diverse applications such as military, aeronautics, space research, earth surface surveying, agriculture, and construction among others. The technological advancements in imaging technology would contribute to adoption of cameras with improved scan quality and response-time in LiDAR drones.


The demand for LiDAR drone is increasing from the construction sector. They are becoming popular among engineers, planners and developers for land mapping and construction activities. They assist in analysis, and strategic planning of urban settlements. These are also used for construction progress photography and topographic survey by construction and land surveying & development companies. They also find applications in development of large scale projects such as roads, railroads, canals, energy transportation lines, and piping. Government and private firms engaged in construction, engineering and mining, surveying land management and planning are likely to increase the demand of LiDAR drones in coming years to optimize traffic flow, enhanced route planning and design, detailed topographic models, and 3D modelling and reconstruction.

North America emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Rise in applications of LiDAR drones in agriculture, mining, defense, and government sectors in the North American region is the major driver for market growth. Rise in investment in the defense sector, along with technological advancement in telecommunication industry is expected to drive the market growth in North America during the forecast period. Use of high-resolution imaging, and increasing use in environmental control and pollution by government, and non-government organizations are expected to raise the market investment.





on No comments:
Labels: , ,

Blockchain Technology Market Report In Depth Industry Analysis on Trends, Growth, Opportunities and Forecast till 2026

The global blockchain technology market is anticipated to reach USD 16.82 billion by 2026 according to a new study published by Polaris Market Research. Also termed as Distributed Ledger Technology (DLT), blockchain enables secure transaction over a distributed network. Since the transactions are taken place usually over the network, it is difficult to reverse the transaction history. Blockchain also eliminates the need of third-party verifications since the ledgers are shared by all the parties over the distributed network. These are some of the major factors for adoption of blockchain technology.

Blockchain technology is currently being adopted majorly by the financial institutions due to its benefits such as reduced infrastructural costs for reconciling statements, data management settlements etc. It has also been proven beneficial to increase the transactional speed by eliminating the need of trusted third party. Bitcoin uses cryptography for securing its ledgers, thus ensures high security platform for the transactions.


Adoption of blockchain is not limited to the financial sector, however it is being implemented across different verticals. For example, with blockchain’s extended support for Internet of Things (IoT), the technology and telecom vertical is implementing blockchain for initiating a better coordination between different devices. This sector is also benefitting from blockchain because of its feature to eliminate the processing fees which gets levied by third parties. Healthcare vertical is also focusing on blockchain for securing its important and sensitive data and documents and for securing its digital assets. 

The adoption of blockchain can be clearly seen in the North America followed by Europe at a fast pace. However, the market for blockchain is gaining traction in Asia Pacific region owing to the developing economies such as India and China adopting this technology. Countries such as Australia have already adopted this technology and are developing a private blockchain for its stock exchange’s clearing and settlement process.


Key Findings from the study suggest the largest share of this market in 2019 was of North America, as there are a fundamentally high number of ventures adopting the blockchain technology. The technology will have the capacity to help IoT applications in technology and telecom sector along with the enhanced payment solutions. The healthcare segment will adopt this this technology owing to secure their sensitive information. Asia Pacific market is anticipated to grow at a faster pace because of its changing financial framework which drives the demand for secure and low-cost online payment transfers. Speculations have been that more companies would invest in this technology, thus tapping the huge potential in this market. Companies such as Chain Inc., Ripple, Eric Industries, Microsoft, Circle Internet Financial Limited, R3, Samsung, Deloitte, IBM, Deloitte, Linux Foundation, BTL Group, are some of the prominent players in this market. 

on No comments:
Labels: , , , ,

Petrochemicals Market High-growth Regions to Expand Geographic Footprint 2020-2026

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.


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.



on No comments:

Probiotics Dietary Supplements Market Company Profiles, Trends by Types and Application, Operating Business Segments 2026

The global probiotics dietary supplements market size is anticipated to reach USD 7.10 billion by 2026 growing at a CAGR of 7.8% from 2018 to 2026 according to a new report published by Polaris Market Research

Probiotics are live bacteria’s that facilitates digestive functioning in human body. Most of the bacteria are considered under probiotic but in specific terminology Lactobacillus is commonly found across fermented food and beverages. The common application of probiotics in human includes treatment of certain conditions such as Irritable bowel syndrome, Inflammatory bowel disease, and diarrhea caused by antibiotics.

Rising awareness about consumer wellbeing through health care, expanding research and development funding for developing cutting edge probiotics products, and growing interest from developed countries are fueling the market growth. Likewise, high item proliferation is influencing the market growth. On the other hand, stringent regulations, low consumer awareness are hindering the market.


Some of the key players profiled in the global probiotic dietary supplements market: BioGaia AB (Sweden), Winclove Probiotics BV (the Netherlands), Probi AB (Sweden), AB Biotics, SA (Spain), Probiotical SpA (Italy), Super Smart Holdings Limited (Hong Kong) and Protexin (U.K).

The demand for preventive medicines businesses is on the ascent, because of the high number of baby boomers experiencing digestive related afflictions, the higher enthusiasm of middle-aged grown-ups in maintaining digestive health, alongside the absence of balanced dietary intakes. The benefits of probiotics for other health conditions, such as sports nutrition, immunity, and women’s health, among many others are becoming increasingly common as clinical research continues to introduce the ways in which the strains of bacteria strengthen health.

Rising obesity rates in US and shifting emphasis on weight management solutions, with solid spotlight on satiety, calorie-consuming, and fat-burning ingredients properties. The growing demand for weight management is one of the key factors positively impacting the probiotic dietary supplements market.



As per the national Digestive Diseases Information Clearinghouse (NDDIC), over 70 million people in the U.S. suffer from digestive diseases and an additional 50 million suffer from chronic constipation. Such rapidly including heath concerns has resulted in increased consumption of probiotics dietary supplements.

Asia Pacific and Africa, being the biggest future markets for probiotics dietary supplements where lack of consumer awareness and need for various health and wellness measures are among the prime objectives that requires immediate attention. Environmental factors play significant role in production of probiotics, as microorganisms are highly sensitive to our altering environment.

Government controls, investment in research & development, and rising awareness for healthy lifestyles are the components that are relied upon to enhance probiotics demand in the next few years.  anticipated to drive industry growth over the forecast period.  Brazil, China and India are among the promising marketspaces in this sector.


on No comments:
Labels: , ,

Fuel Cell Market Company Profiles, Trends by Types and Application, Operating Business Segments 2026

The report ‘Fuel Cell Market Share, Size, Trends, & Industry Analysis Report, By Type (Solid Oxide Fuel Cells, Phosphoric Acid Fuel Cells, Proton Exchange Membrane Fuel Cells, Molten Carbonate Fuel Cells); By Application; By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the stationary application 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. The global fuel cell market is estimated to reach USD 13.71 billion by 2026 growing at a CAGR of 17.5% during the forecast period, according to a new study published by Polaris Market Research
Government regulations and favorable public initiatives regarding energy consumption have boosted the adoption of fuel cell. Growing concerns regarding environment, increasing demand for unconventional energy sources, and increasing adoption of power efficient energy systems further support the market growth. Additionally, higher efficiency offered by fuel cells as compared to other power generating systems, and growth in adoption of distributed power system would boost the market growth during the forecast period.

The sample for the study can be requested using the following link: https://www.polarismarketresearch.com/industry-analysis/fuel-cell-market/request-for-sample

Other factors supporting market growth include supportive government regulations, increasing awareness, adoption of green technologies, and technological advancements. Increasing investments by vendors in advancements in hydrogen storage, and increasing demand of fuel cell vehicles further boosts the market growth.

Asia-Pacific generated the highest revenue in the fuel cell industry in 2018, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the fuel cell market growth in the region. The governments in the region are investing significantly to promote the adoption of fuel Cell. The increasing application of fuel cells in commercial, and transportation sector further supports the market growth in the region. The increasing penetration fuel cell electric vehicles, and significant increase in power consumption accelerates the adoption of fuel cells in the region.

The Phosphoric Acid Fuel Cells (PAFCs) use liquid phosphoric acid, ceramic electrolyte and a platinum catalyst. PAFCs operate at a higher temperature, and are capable of handling small amounts of fuel impurities. PAFCs are used in high-energy demand applications, such as hospitals, schools, and manufacturing and processing centers. Solid Oxide Fuel Cell (SOFCs)


are the highest temperature fuel cells, operating at about 1800 degrees Fahrenheit. SOFCs use a dense layer of ceramic as an electrolyte, a non-platinum catalyst, and are commonly fueled by natural gas. SOFCs can achieve electrical efficiencies of 50% to 60%, and 70%-80% in CHP applications. SOFCs are used in applications such as small residential auxiliary power units, and large-scale stationary power generators for buildings and businesses.

The well-known companies profiled in the report include Aisin Seiki Co. Ltd., Ceres Power Holdings PLC, Plug Power Inc., Panasonic Corporation, Ballard Power Systems, Inc., Nedstack Fuel Cell Technology, Horizon Fuel Cell Technologies, Intelligent Energy Limited, Mitsubishi Hitachi Power Systems, Ltd., and Toshiba Fuel Cell Power Systems Corporation. 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.

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

on No comments:
Labels: , , ,

Halal Food Market Outlook | Development Factors, Latest Opportunities and Forecast 2026

The global Halal Food Market is anticipated to reach USD 922.53 billion by 2026 according to a new study published by Polaris Market Research.

The Halal Food market growth is primarily due to increase in Muslim populations and their rising annual spending on food. This has created a surge in demand for halal food & beverage products. Increasing demand has also compelled market players to engage in authentic and branded products. Presently, consumers are exhibiting growing interest in halal industry. This is primarily due to the increasing consumer awareness about the nutritional and hygiene advantages, and improving lifestyles as a result of increasing disposable income. These products being processed and packed with much higher regulatory compliance compared conventional food products are gaining significantly popularity. Basically, they do not contain contents or ingredients that are against Islamic beliefs.


Some of the leading industry participants in the Halal Food market include Cleone Foods, Prima Agri-Products, Cargill, Kawan Foods, Janan Meat, Saffron Road Food, Dagang Halal, QL Foods, Al Islami Foods and Nestle.

Halal foods are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and highly nutritional. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to Halal Food market. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on the branded products.

The growing issues over the absence of proper regulatory framework to assure the authenticity of these products might be a restraint to the commercially produced halal food. The industry can be considered as a fragmented one and the absence of standardized regularizations has repressed the mainstream F&B participants from venturing this section of the worldwide Halal Food market. However, the number of small scale companies meeting the needs of the local populations has been increasing significantly.


Low level of awareness about the presence of authentic halal food brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing demands to its full potential as expected. Moreover, halal authentic issues within the sector are considered quiet minor among consumer. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal food & beverage brands.
The Asia Pacific Halal Food market is anticipated to dominate the global market by 2026, owing to the presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follows Islamic beliefs. Moreover, the rising economic conditions in the region provides an opportunity for the foreign players to start of their production facilities, thus offering cost effective products the consumers in the region.


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. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact Us
Polaris Market Research
Phone: 1-646-568-9980




on No comments:

Telehealth Market 2020 Industry Analysis, Size, Share, Growth, Trends And Forecast 2026

The global telehealth market is anticipated to reach USD 54.23 billion by 2026 according to a new study published by Polaris Market Research. The use of digital technologies to deliver health education, medical care, and public health services by connecting multiple users from distinct locations is known as telehealth. This includes technology-enabled health care services, telemedicine, and services such as monitoring, assessment, communications, education, and prevention. Additionally, it also involves a wide range of videoconferencing, health information, telecommunications, and digital image technologies. The virtual technology and telecommunications are used in telehealth to deliver health care facilities outside of tradition healthcare facilities. 

The telehealth includes virtual health care, where elderly or chronically ill patients are given medical guidance as well as treatment in certain procedures by residing home. The use of telehealth made easy accessibility of medical tools and guidelines for both professionals as well as patients in terms of diagnosis and patient care. 

  
The global telehealth market is segmented on the basis of component, mode of delivery, end user, and by region. By component, the global telehealth market is further segmented into three major categories, including hardware, software, and services. On the basis of component, the services segment accounted major share in the global telehealth market. The services segment is further segmented into three major types, real-time interactions, remote monitoring, and store-and-forward consultations. The growing awareness and acceptance of remote monitoring solutions, and increasing technological advancement in telecommunication is the key factor responsible for high share of telehealth services in the telehealth industry. The hardware segment by component is further segmented into two types, medical peripheral devices, and monitors. The software segment is further segmented into, standalone software and integrated software’s. The software segment in the telehealth industry is expected to grow at high CAGR during the forecast period. The software is the important tool of telehealth systems. They work as an interface between the database and end users.

By mode of delivery the global telehealth market is further segmented into, web-based, cloud-based, and on premises delivery system. By end user, the global telehealth market is further segmented into providers, payers, patients, and others.


On the basis of region, the telehealth industry is further segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America is estimated to account major share in the global telehealth industry in 2019. The continuous increasing in telehealth funding and government support for telehealth in the region is the one of key factor responsible for growth of the market. The Asia Pacific is expected to register high CAGR during forecast period, owing to growing economy, and rising healthcare expenditure in that region.

The key players operating in global telehealth market includes Medtronic plc, Koninklijke Philips N.V., McKesson Corporation, Tunstall Healthcare Group Ltd, AMD Global Telemedicine, Inc., Medvivo Group Ltd., Vidyo, Inc., Care Innovations, LLC, Cisco Systems, Inc., General Electric Company, and Honeywell Life Care Solutions among others. The increasing investment for telehealth research and development activities across the top players is expected to propel the growth of the global telehealth market.


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
on No comments:
Labels: , , , , ,
Subscribe to: Comments (Atom)