Emergence of Multifunctional Smart Card Nurturing Global Smart Card Market

LogoThe increase in the usage of multifunctional smart card across the globe has helped in the growth and development of the industry. The capability of restoring functions of numerous magnetic stripe cards on a single card is surging the demand for multifunctional smart card, which is ultimately driving the adoption of smart card across the globe.

Increasing Population and Purchasing Power to Drive Saudi Furniture Market

LogoSaudi Arabia furniture market is expected to experience a strong growth driven mainly by the increasing population and purchasing power due to positive transformation of the Kingdom's economy. With the improved economic condition, the wages levels of the citizens are increasing and enhance the purchasing power of the people. Besides, increasing population in Saudi Arabia has emerged as the fundamental factor responsible for the growth of its housing industry and creating a huge demand for furniture. It is anticipated that Saudi Arabia furniture market will become a lucrative one in coming years.

Job-Oriented Courses Set to Drive UAE Education Sector

LogoThe increasing awareness regarding career options and aspiration for getting jobs in MNC's across the globe, demand for career-oriented courses has gained momentum in UAE. With increasing competition in the labor market, UAE colleges and universities have started offering a range of courses to be imparted to the students. According to a new report by RNCOS, "UAE Education Market Outlook 2018", educational institutes are offering attractive courses which are witnessing high demand from both national and expats in the country, thus driving UAE education sector.

Rising Shipment in South Korea Boosting the Global Fuel Cell Market

LogoAsia has been the dominant adopter of fuel cell technology during the past five years and among all, South Korea is the leading country of adoption for large stationary fuel cell systems. It is an energy-intensive country. The country has a growing population with high density of urban population and little available land. The nation has a goal to reduce its reliance on nuclear power to 29% of its energy mix by 2035. As a result it is concentrating more on its fuel cell technology. South Korea has had a "green growth" policy in place since 2008, with an aim of increasing its use of renewables to 20% of the generation mix by 2027.

Increasing Pathogen Contamination Boosting Global Food Safety Testing Market

LogoGrowing complexity of the food supply chain and increased food trade, have made consumers more concerned regarding the food safety and pathogen contamination has become the main cause of food poisoning around the world. This story of pathogen testing and the food safety diagnostics industry began with the Jack-in-the-Box disaster in 1993. It was the most infamous food poison outbreak in contemporary history. The E. coli outbreak from tainted ground beef made 732 people sick and killed four children. Nowadays also pathogen continues to be the biggest threat for global food safety.

High Capital Investments Towards Infrastructure to Boost Saudi Steel Industry

LogoSaudi Arabia steel industry is expected to experience high growth attributed mainly by the increasing investment towards the construction sectors. Increasing population creates a huge demand for new housing, residential, hospitals, and transportation as well as communication systems within the Kingdom. To meet these demands Saudi Arabia government had decided to increase its budgetary expenses towards the construction activities around the Kingdom. It is expected that, it will create a huge steel demand in the Kingdom in future.

Data Processing Driving Global Semiconductor Market Shipments

LogoGlobal Semiconductor Market is witnessing a healthy growth with the increasing demand from the electronics segment in numerous applications. In global semiconductor application market, data processing dominates the total semiconductor market shipments, followed by communications and consumer electronics. The growth in the data processing application market is driven by increasing demand from the smart phones and tablet segment. With these developments and increase in future demand for electronics and requirements in new application areas, the global semiconductor market is expected to grow at a CAGR of 4% during 2015-2020, says RNCOS in its latest research report.

Global Nanoparticle Market Struggling for Cancer Diagnosis

LogoBurgeoning new field of nanotechnology has opened up by rapid advances in cancer therapy. To overcome the problems faced in current treatment methods, scientists are trying to take advantage of the increased proliferation activity of cancer cells by adopting targeted therapy through the use of nanoparticles to diagnose the problem prevailing vigorously among masses. This is one of the factors that support the anticipation of global nanoparticle market growing at a CAGR of around 16% during the forecast period 2015-2020.

Generics Market in Brazil Is Booming

LogoAccording to a new research report by RNCOS entitled, "Brazil Pharmaceutical Market Outlook 2018", the Brazil pharmaceutical industry has been witnessing higher growth in Generics drug production owing to Government support and patent expiries of various blockbuster drugs. In 2013, Generic drugs accounted for 26% of the pharmaceutical market in Brazil, generating approximately US$ 7.0 Billion revenue. With a price at least 35% cheaper than brand name drugs and several Brazilian companies operating in the sector, generic manufacturing has been identified as an ideal way to increase budget control and boost local manufacturing.

Value Added Products Attaining Stupendous Growth

LogoThe changing consumption pattern, increasing income levels, more local and foreign players venturing into Indian dairy markets, the industry is witnessing a rise in the demand of processed dairy products or value-added dairy products. The value added dairy products comprises Yogurt, Paneer, Cheese, Ice Cream and Baby Food, etc. According to our latest report, "Indian Dairy Industry Analysis", profitability in the value added product category is comparatively more than the traditional dairy products due to which various companies are venturing this segment.