ReleaseWire Connect

Nowadays, 3D scanning technology is gaining increased adoption in different industry verticals due to its improved efficiency, and faster and accurate results. Among different types of scanners, the laser scanners are widely adopted due to their easy portability and low price range. Thus, the industry players are keenly focusing on developing technologically advanced lighter laser scanners for indoor and outdoor applications. For instance, the leading industry player, FARO Technologies, Inc. has recently introduced Freestyle X Handheld Laser Scanner for short range applications in civil and architecture sector.

North America holds the largest share in the global IIoT market. Deployment of advanced IoT technologies such as Industry 4.0, virtual reality & augmented reality and artificial intelligence, introduction to cloud based services, change management, and predictive maintenance and visibility are expected to boost the IIoT market in North America.

Growth in disposable income, increase in demand for electric vehicle, and the strengthening of the European economy drive the adoption of electric vehicle chargers across Europe. Moreover, various benefits offered by electric vehicles such as low maintenance, reduced noise pollution, and emission free fuel the market.

The growth of the employment screening services market is expected to be driven by opportunities in untapped, and emerging markets, and increase in advancement in the information technology and human resources sectors. Furthermore, the emphasis given by newer organizations and startups for background checking is expected to increase the demand for employment screening services during the forecast period.

Latin America, Middle East And African (Lamea) Insulation Materials Market size is expected to reach $3,030 million by 2023, growing at a CAGR of 6.9%. Insulation materials are used to stop heat, electricity, or sound from penetration into something. Insulation materials market is segmented into three broad categories?thermal insulation, electrical insulation, and heat insulation. The key to an effective insulation system is appropriate installation of high quality insulation materials.

According to a new report published by Allied Market Research, titled, Diabetes Care Devices Market: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global diabetes care devices market was valued at $6,867 million in 2016, and is expected to reach $10,208 million by 2023, growing at a CAGR of 5.8% from 2017 to 2023.

Non-Honeycomb Sandwich Panel Core Materials Market was valued at $610 million in 2016, and is expected to reach $894 million by 2023, registering a CAGR of 5.6% from 2017 to 2023. A sandwich composite panel is fabricated with a combination of fiber sandwich panel skins and a low-density core, which increases the thickness of the structure, while reducing the overall weight. The resulting sandwich material therefore exhibits a high specific stiffness and strength.

According to a new report published by Allied Market Research, titled, Phytosphingosine Market by Application: Global Opportunity Analysis and Industry Forecast, 2014-2022, the phytosphingosine market was valued at $1,215.5 million in 2016, and is projected to reach $1,882.9 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023. Moisturizer was the highest revenue generating application in 2016, accounted for $693.4 million. The segment is projected to dominate the market in coming years.

Deep packet inspection (DPI) is a type of computer network packet filtering that investigates the data including the header of a data packet as it goes through the inspection point. The global network security market is expected to grow at a CAGR of 5.71% by 2016. However, the growth of the DPI market is projected to be faster as data security threat is continuously rising.

Data Center Automation Market Report, published by Allied Market Research, states that the global market size was valued at $2,483 million in 2015, and is projected to reach $8,619 million by 2022, growing at a CAGR of 19.6% from 2016 to 2022. The IT & telecom segment was the highest contributor in 2015, accounting for around 23% of the global market.