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Almond Oil Market Increasing Demand From Emerging Economies Forecast 2017-2023

According to a new report by Allied Market Research, titled, Planar lightwave circuit splitter Market by Type and Application: Global Opportunities Analysis and Industry Forecast, 2017-2023, the global planar lightwave circuit splitter market was valued at $778.80 million in 2016, and is projected to reach at $ 1,352.70 million by 2023, growing at a CAGR of 7.80% from 2017 to 2023.

The global aluminum market was valued at $133,564 million in 2015, and is projected to reach $167,277 million by 2022, growing at a CAGR of 3.3% from 2016 to 2022. The transport segment dominated the market in 2015, with more than one-fourth share, in terms of revenue.

According to a new report published by Allied Market Research, titled, Smart Meter Data Management Market by Component, and Deployment Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global smart meter data management market was valued at $661.1 million in 2016, and is projected to reach $1,896.3 million by 2023, growing at a CAGR of 16.4% from 2017 to 2023. The services market for smart meter data management is anticipated to witness highest growth rate during the forecast period.

The increase in adoption of energy efficient and robust air compressors across different industry verticals is expected to drive the demand for the air compressor market during the forecast period. Also, the increase in demand from the end-user industries such as food & beverage, oil & gas, manufacturing, and power generation is also expected to drive the market growth in the coming years. However, the utilization of high technical expertise, R&D, and accessories for enhancing the efficiency of compression in the equipment results in high installation and maintenance cost, which is expected to hinder the growth of the market.

The increased expenditure by the oil & gas companies on network & OT security and increased trend of security & vulnerability management boosts the growth of the oil & gas security market. In addition, growth in trend of bring your own device (BYOD) and political chaos in the Middle East also fuels the market growth. Increase in regulatory compliances, which challenges the technical implementation restrains the market growth. Rise in adoption of Internet of Things (IoT) and demand for security-as-a-service (SaaS) create ample opportunities in the market. Lack of awareness about oil & gas security, difficulties in implementation of cyber security for complicated OT, and the vulnerabilities associated with cloud technologies challenge the growth of the oil & gas security market.

Electronic skin is a thin and flexible electronic material, which mimics the property and functionalities of human skin. Electronic skin consists of stretchable network of sensors and flexible electronics, which are used in biometric prosthetics, intelligent robots, and others. It senses heat, pressure, temperature, and other influencing factors.

Clinical trial management system(CTMS) helps in the maintenance and management of the vast and highly complex data obtained from clinical trials. The system also tracks the clinical trial occurring in different parts of the word and the data can be analyzed routinely through multiple regression, simulation and other models. In addition, the use of clinical trial management systems helps optimize time management and enhance the connectivity and reduce the communication gap between the researchers and their investors.

Connected Logistics provides various benefits to logistics businesses offering services for varied industry verticals by providing real-time access, improved operational efficiency, and enhanced productivity through integration of multiple connected platforms.The global Connected Logistics market was valued at $16,774 million in 2016, and is projected to reach at $27,722 million by 2023, growing at a CAGR of 7.60% from 2017 to 2023.

According to a new report published by Allied Market Research, titled, Cryogenic Pump Market by Type, Gas and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the cryogenic pumps market was valued at $456 million in 2016, and is projected to reach $592 million by 2023, growing at a CAGR of 3.9% from 2017 to 2023. The hydrogen segment accounted for more than one-third share of the global market in 2016.