ReleaseWire Connect

The global market for embedded system has been covered under the scope of this report. Embedded systems can be defined as application-specific, special purpose systems and they are designed typically for meeting real time constraints. They have experienced an intensive period of maturation since its inception. These systems came into existence with the invention of microcontrollers and since then they have been designed for machine control applications and various new verticals with the convergence of communication.

Increased oil and gas production activity and associated industrial development, as well as rapid expansion in the construction and packaging industries have contributed significantly to the rise in demand for molded plastic products. Collaboration with multinational players has helped plastic converters develop molded plastics that comply with world-class quality requirements and over the decades, plastics have replaced key materials such as metals, glass, and paper to become an integral part of our everyday life.

Countries in Asia Pacific have witnessed a massive change in their respective healthcare infrastructures and number of resources trained in the use of technologically advanced medical devices in the past few years, leading to the vast rise in the usage of advanced endoscopy devices. The rising geriatric population, rising disposable incomes, increased healthcare infrastructure, and an increased awareness regarding the benefits of minimally invasive devices has also accelerated demand for endoscopy devices in Asia Pacific in the recent past.

The vast rise in the number of micro-, small, and medium-scale enterprises (MSMEs) across the globe, rapid industrialization and geographic expansion of service and operations units of businesses, and increased demand across the residential sector are collectively boosting the global demand for digital door lock systems. Lately, enhanced security needs of enterprise and residential consumers have led to the development and increased adoption of technologically advanced digital security systems incorporating technologies such as iris recognition and signature recognition.

Activated alumina is prominently used as a reaction catalyst, in the oil and gas sector, and for the treatment of water. Growing investments in water treatment infrastructure and the ever-rising demand for oil and gas have been fueling the demand for activated alumina over the past few years. These trends are expected to continue during the forecast period, driving the market to expand at a CAGR of 4.2% between 2016 and 2024. The sales of activated alumina amounted to US$770.6 mn in 2015 and are projected to be worth US$1,108.9 mn by 2024.

Popularity of cosmetic procedures such as liposuction, skin tightening, body contouring, and skin rejuvenation that enhance the overall appearance of the client and make them look more youthful and fit is on the rise. Rise in the geriatric population in the U.S. and other parts of the world, particularly in Japan, is expected to drive the skincare devices market. For instance, people aged 65 and above are likely to constitute 20% of the population of the U.S. by 2029 as against 14% in 2012. At the same time, the overall population of senior citizens is expected to surpass 1.5 billion in the next few decades. Moreover, most of the upper- and middle-class women and men are the primary end-users of skincare services as they carry a trending opinion that 60 years is not an age for oneself to be called 'old' and get retired. Additionally, countries in the emerging markets are offering world class, yet cost-effective medical tourism solutions leading to increase in the number of procedures and skin treatments availed. However, competitive pricing and equipment costs and growth in popularity of substitutes such as at-home devices, cosmeceuticals, and OTC skincare products is expected to impede market growth.

Global golf cart and NEV market was valued at USD 1.79 billion in 2013, growing at a CAGR of 6.6% from 2014 to 2020. Golf carts are the gas powered or electric engine powered low speed vehicles used to commute in the golf courses and local vicinities. NEVs are the electric engine powered vehicles used for short distance commuting. Golf cart and NEVs utilize high end digital technology for providing better performance and efficiency with reduced pollution effects. These vehicles have multiple applications in various industries globally.

The global market for circuit breakers and fuses has been covered under the scope of this report. Circuit breakers are electrical switches which operate automatically to protect the electrical circuit from damage by turning it on/off when faced with overload or short circuit. The basic function of the circuit breaker is to identify any malfunctioning and breakup in the current flow. Whereas fuses are a kind of low resistance resistor which acts as a sacrificial appliance designed to protect the circuit from either load or short circuit. Circuit breakers and fuses find application in the construction industry, automotive industry, consumer electronics and power industry among others. High focus on efficient and reliable power distribution and transmission coupled with the installation of new energy infrastructure in emerging economies is expected to boost the circuit breakers and fuses market.

Increasing preference for collagen products is attributed to expanding applications supported by several benefits such as easy availability and low antigenicity. In addition, collagen represents one of the abundant proteins found in animals. Currently, around 28 types of collagen are present in nature; however, three major types (type I, II, and III) of collagen account for around 80% to 90% of the total body collagen composition. Collagen, a part of connective tissue, finds application across various industries such as food & beverage, pharmaceutical, cosmeceuticals, and nutraceuticals. The suitable use of collagen across industries is majorly dependent on characteristics such as antigenicity, tensile strength, and grade of the collagen.

Solid state drives (SSDs) are digital storage devices; they are emerging as preferred devices over hard disk drives (HDDs) and gaining traction in the market. Made from semiconductors, SSDs contain microchip-based flash memory and have no moving parts, unlike HDDs. The global solid state drive market is classified on the basis of end-users into enterprise SSDs and client SSDs segments. In 2014, the client SSDs segment dominated the global solid state drive market in terms of revenue. The growth in this segment is mainly driven by demand from OEMs across North America and Asia Pacific. However, the enterprise SSD market is gaining traction due to growing demand from data center applications. On the basis of capacity, the solid state drive market is segmented as 80 GB and below, 81 GB to 320 GB, 321 GB to 500 GB, 501 GB to 1 TB, and 1 TB and above. In 2014, solid state drives with capacities of 80 GB and below led the global solid state drive market in terms of revenue. SSDs in ultra-thin mobile devices with capacities below 80 GB are boosting the growth of this segment. On the basis of interface, solid state drive market is segmented as SATA, SAS, and PCI-E. In 2014, SATA SSDs accounted for a major share—72.4%—of the global solid state drive market's revenue, and 80.0% of the global SSD volume. The older PCs support only the SATA interface for upgrading to SSDs, which is expected to increase the demand of this segment over the forecast period as well. However, enterprises will drive the revenue of PCI-E and SAS SSDs, making them the fastest-growing and largest-revenue-contributing segments, respectively, in 2022.