ReleaseWire Connect

Water Heater Market by 2026: Market Competitive Situation & Opportunities

X-Band Radar Market Emerging Flexible Market Trends And Forecast 2018-2026

Smart contract enables organizations, government bodies, and individuals to exchange monetary values, shares, and bonds for which specific value is associated. The smart contract is a clear and easy way to avoid a conflict between both the parties, without any intervention of a middle man. Moreover, smart contracts are being majorly adopted across various industries such as BFSI and construction among others for financial agreement, insurance breaches, property law and etc. Moreover in smart contract, after fulfilment of contracts, the asset in the contract which is in the form of digital or crypto-currencies is transferred to the predefined party. In the smart contract, the risk of fraud is minimal and it eliminates the cumbersome paperwork and middle party services. Smart contracts can positively impact government as well as commercial industries by atomizing the contract enforcement which will decrease the cost of operations. All these factors are expected to drive growth of the global smart contract market positively.

Algorithmic trading, algo trading, automated trading, or black box trading is a technological advancement in the stock market. It is a programmed process that runs on a computer that follows a specific set of instructions (an algorithm) for placing a trade in order to generate profits at a speed and frequency that is impossible for human traders. Algorithmic trading is gaining significant traction which is useful for financial markets, and adopted in countries such as the U.S., India, the U.K., and South Korea. Accuracy, exceptional speed, and liquidity are unique features of algorithmic trading, which is expected to result in significant growth of the algorithmic trading market in the near future.

There are different metals and alloys used in the manufacturing of batteries. However, alloys are preferred more as they sustain the battery functionality. There are also different types of batteries, which means they require a different type of alloys to fulfill respective requirements. They are classified as primary batteries and secondary batteries. Lead, antimony, selenium, calcium, aluminum, zinc, vanadium, and tin are some of the most common metals used in battery alloys. They are primarily used in battery nodes.

Telecommunication towers or radio masts are tall structures designed to support antennas for telecommunications and broadcasting, including televisions. Telecom towers are grouped in a geographical location where population density is generally high and it connects a large number of cell phone users. This helps in avoiding saturation of the available capacity. The primary function of telecom towers is to give proper elevation to telecom antennas that will receive and transmit radio frequency signal from cell phones and other devices. Mobile service providers usually configure adjacent cell towers to make use of different frequencies.

Increasing activities in manufacturing of aircrafts is one of the factors driving growth of the global aircraft galley equipment market. Increasing sale of aircrafts including Boeing, Airbus, Bombardie, etc. and rising fleet number of various airlines such as American Airlines Delta Air Lines, Southwest Airlines, United Air Lines, FedEx, SkyWest Airlines, JetBlue Airways, and UPS is fueling growth of the global aircraft galley equipment market. For instance, according to AeroWeb, a Forecast International Inc., in 2017, the U.S. commercial aircraft inventory included 7,309 aircrafts, up from 7,130 aircrafts in 2016. In 2016, there were 3,080 Boeing aircrafts available in the U.S and in 2017, the total number of Boeing aircrafts in the U.S. were 3,173. Furthermore, number of Airbus aircrafts increased from 1,327 in 2016 to 1,446 in 2017.

IoT has changed the way machines interact with humans and other machines. The sensors that form the building blocks for IoT create tons of data every minute and every day. Various organizations and government bodies are using big data analytics and other smart technologies, which are expected to boost the communication infrastructure, which in turn will be used for lighting, parking, traffic, and waste management; citizen engagement; safety and security. In addition to this, favourable government initiatives related to smart city projects across the globe are expected to fuel growth of the global IoT infrastructure market. Governments across the globe are creating favorable policies and heavily investing in smart city projects. For instance, in June 2015, the Government of India launched '100 Smart Cities Mission' with an allocated budget of US$ 6.9 billion. Moreover, increasing adoption of internet of things (IoT) by supply chain, manufacturing, and retail industries to optimize workflow, for better allocation and utilization of assets, and to reduce operating costs is expected to drive growth of this market.

Favourable government initiatives related to smart city projects across the globe is expected to fuel growth of the global internet of everything (IoE) market. For instance in June 2015, Government of India launched "100 Smart Cities Mission" with an allocated budget of US$ 6.9 billion. Governments across the globe are trying to use data and technologies to improve the lives of citizens and businesses by developing connected infrastructure. Internet of everything (IoE) creates an opportunity for the government to make significant advancements in citizen services by leveraging the Big Data and other smart technologies, which is expected to boost the communication infrastructure. The government can gather information generated through the M2M, P2P, and P2M communication, analyse it, and then use it for lighting, parking, traffic, and waste management; citizen engagement; safety and security. Moreover, increasing adoption of internet of things (IoT) by supply chain, manufacturing, and retail industries to optimize workflow, better allocation and utilization of assets, and reduce operating costs are expected to drive growth of the internet of everything (IoE) market over the forecast period.

Green packaging is referred as usage of packaging materials and implementation of manufacturing methods that have low impact on energy consumption and environment. Green packaging involves adoption of recyclable and biodegradable materials and thus referred as energy-efficient or sustainable packaging. Furthermore, bio-degradable plastics, bio-based plastics, solid bleach sulfate, and recycled papers are some of the key materials that are used for manufacturing green packaging products.