Future Market Insights

Rare Earth Metals Market to Exceed a Value of US $3,257.3 Mn During the 2016-2026

LogoIncreasing application of rare earth metals in several key end-use industries is anticipated to fuel their demand over the next couple of years. In addition, major sectors such as energy and automobile are exhibiting a tremendous use of rare earth metals. This, in turn, is favouring the growth of global rare earth metals market. Moreover, consumer electronics devices such as smartphones and tablets are among the major application areas for rare earth metals. Hence, growing popularity of such electronic devices is further propelling the demand for rare earth metals. Future Market Insights (FMI) projects that the global market for rare earth metals, which is currently valued at US$ 3,257.3 Mn will witness a CAGR of 8.5% between 2016 and 2026 to reach US$ 7,362.8 Mn by the end of the forecast period FMI in its report titled "Rare Earth Metals Market: Global Industry Analysis and Opportunity Assessment, 2016–2026" reveals that rare earth metals are finding robust application in electric and hybrid cars. Some the inherent properties of these rare earth metals play a crucial role in developing cutting-edge technology for automobiles.

Barcode Scanner Market Is Likely to Witness a Healthy CAGR Growth of 7.6% Throughout 2017-2027

LogoThe advent of barcode technology has greatly reduced the hassles of tracking supply and commodity sale records for retailers across the globe. Over the years, the technology has been consistently improved and made more efficient. Currently, barcode solutions are being used across various domains owing to their exponential capabilities in systematically recording information such as product count, date of manufacturing, date on which the product was supplied to the retailer and selling price. Moreover, the emergence of e-commerce and intra-regional markets that offer specialised services to a wide range of sectors has further expanded its application base. Future Market Insights (FMI) in its latest report titled "Barcode Scanner Market: Global Industry Analysis and Opportunity Assessment, 2017–2027" reveals that use of barcode technology is rapidly rising in both retail and manufacturing industries. Barcode scanners have become one of the best solutions for recording product information without making any major manual effort. The technological advantages and cutting-edge features of barcode scanners are also making them popular in the healthcare industry. Barcode technology can help rectify medication errors, medical practitioners and physicians can easily get information about medicines as well as their manufacturing dates.

Automotive Engine Valves Market Is Expected US$ 6.2 Billion Will Be Sold Globally by the End of 2022

LogoChanging landscapes of automobile engineering will continue to foment considerable alterations in the manufacturing of automotive engine valves. New designs will be reviewed and tested, while conventional valves will be upgraded for boosting their performance abilities. The report observes that companies namely, Knorr-Bremse AG, FTE automotive GmbH, Hitachi Ltd., FUJI OOZX Inc., Mahle Group, Eaton Corporation Plc., Federal-Mogul Holdings Corp., Denso Corporation, Continental AG, and Delphi Automotive PLC will remain active in expansion of the global automotive engine valve market through 2022. These companies are anticipated to capture new materials and innovative production techniques to insure the valves from their existing defects.

Gasoline Generator Market to Record an CAGR of 3.7% for the Period 2017-2027

LogoThe 1 to 3 KW segment is poised to dominate the gasoline generator market in terms of power output throughout the duration of the forecast period. The 1 to 3 KW generators are on track to be worth more than US$ 520 million by end 2027, making it larger than all other generators combined in the gasoline generator market. 1 to 3 KW generators are mainly utilized in the commercial and residential sector. A rising population coupled with greater affluence and increased power outages should boost the demand for these generators.

Global Pest Control Services Market Is Estimated to Be Valued at US $28.85 Bn in 2027

LogoOn the basis of service type, the global pest control services market is segmented into chemical control services, mechanical control services and others. Chemical control services is further sub-segmented into organic and synthetic. Mechanical control segment is expected to expand at a CAGR of 5.5% over the forecast period, due to increasing need for bird control in the agricultural end user segment in developed regions. On the other hand chemical control service is anticipated to remain the most dominant service segment in the market over the forecast period.

Process Automation and Instrumentation Market Is Anticipated to Grow US $174 Bn by the End of 2027

LogoThe global process automation market is expected to witness robust growth during the assessment period and is poised to register a CAGR of 6.0% throughout the 2017-2027 period. By the end of 2027, the global market for process automation is estimated to be valued at about US$ 153.6 Bn from a value of US$ 85.5 Bn in 2017. The global process instrumentation market is projected to grow at a CAGR of 5.8% during the 2017-2027 assessment period. By the end of 2027, the process instrumentation market is estimated to reach a market evaluation of about US$ 20.5 Bn.

Automotive Interior Ambient Lighting Systems Market CAGR of 5.4% from 2017 to 2027

LogoIt is hardly an exaggeration to say that LED technology represents the automotive interior ambient lighting systems market in its entirety as it accounts for more than 99% in terms of market share. LED's are energy efficient, have a long service life, are compact yet produce a brilliant luminescence. Other technologies are unlikely to even come close to LED technology in the automotive interior ambient lighting systems market. The LED technology segment should have a value of approx. US$ 2.3 billion at the end of 2017. Ongoing R&D activities should further boost the prospects of LED technology in the automotive interior ambient lighting systems market.

Petroleum Fuel Dyes and Markers Market to Surpass CAGR of 4.4% from 2017 to 2027

LogoLiquid fuel dyes and markers are predicted to register substantial growth and their market attractiveness index is nearly twice that of powder dyes and markers in the petroleum – fuel dyes and markers market. Liquid fuel dyes and markers assist in fuel miscibility considerably whereas powder based fuels and dyes are premixed to enhance fuel solubility. In addition, the handling, safety, and health issues linked to powder-based dyes and markers make them a distant second to liquid dyes and markers in the petroleum – fuel dyes and markers market.

Demand for Sludge Treatment Chemicals Market Is Expected to Increase During Research Period (2016–2026)

LogoFuture Market Insights (FMI) delivers key insights on the global sludge treatment chemicals market in its latest report titled, "Global Sludge Treatment Chemicals Market: Industry Analysis and Opportunity Assessment, 2016–2026". Global consumption of sludge treatment chemicals is estimated to be pegged at 10,977 thousand tonnes by 2016 end and is expected to increase at a CAGR of 4.7% over the forecast period (2016-2026). The global sludge treatment chemicals market is projected to reach a value of US$ 10,944 Mn by 2026 end expanding at a CAGR of 4.8% during the forecast period. North America is estimated to account for relatively large market share of 32% by 2016 in the global sludge treatment chemicals market.

PP Homopolymer Market to Calculate CAGR of 5.5% Between 2016 to 2026 : Market Research Report

LogoAccording to Future Market Insights, an increasing consumption of PP homopolymer in the packaging industry along with a high growth of the retail sector is likely to boost the demand for PP homopolymer and subsequently drive market growth over the forecast period. PP homopolymer plays a major role in decreasing carbon emissions from vehicles and manufacturers around the world are increasingly using PP homopolymer in vehicle production to comply with various government and environmental regulations regarding the reduction of carbon emissions from vehicles. Use of PP homopolymer in automotive applications leads to reduced weight of the vehicle, consequently increasing its fuel efficiency. This is another factor fuelling the growth of the global PP homopolymer market. In order to capitalise on the opportunities in the market, market players are introducing new grades of PP homopolymer for various new applications to increase their market share in the global market.