ReleaseWire Connect

Nanotechnology is a diverse field finding applications in numerous industries. Scientists and engineers in almost all industries are developing nanotechnology to make their products stronger, lighter, more durable, more corrosion resistant and more economical. The Worldwide Nanotechnology Market was valued at nearly US$ 24.1 Billion in 2013 which is projected to grow at a CAGR of around 16.5% in the next few years from 2014-2020 attaining the revenue of US$ 71.2 Billion by 2020 as per RNCOS Analysis.

On the back of the growing applications across the various industries, Global smart card market is exhibiting a tremendous growth from the past few years. Among all, Smart card in NFC (Near Field Communication) based application is rising immensely. Manufacturers are now integrating their mobile devices with RFID (Radio frequency Identification) sensor to make the device NFC enabled.

Video analytics is a new and growing market in the security industry. Video analytics helps in monitoring specific security zones with sophisticated software without the need of continuous monitoring by the operator, thus making threat detection simple and effective. The use of video analytics in video surveillance is providing immense opportunities for the players in the field. Various sectors such as retail, transportation etc. are now focusing on video analytics as it helps to produce useful data and customer insights. With these developments, the global CCTV market is expected to grow at a CAGR of 12% during 2015-2020, says RNCOS in its latest research report.

Indonesia's implementation of its long discussed ban on mineral exports to support domestic processing will see fortunes rise for nickel miners. In 2012, the Indonesian Government bans the export of raw materials, and stated to stop foreign companies exploiting the resources and to bring processing in country by 2014. According to a new report by RNCOS, "Global Nickel Market Analysis 2016", this may imply good news for Australia and the Philippines. The Philippines is estimated an increase in sales of nickel as Chinese demand for nickel for the development of stainless steel is growing.

Saudi Arabia furniture market is expected to experience a healthy growth driven mainly by demand created from the increasing population and improve economic conditions. The increasing population in the Kingdom emerged a fundamental factor for the growth of housing industry. Further, Saudi Arabia housing sector experiences a promising growth due to rapid urbanization and increasing personal disposable income. Hence, development of housing industry drives the overall furniture market in the Kingdom. Besides, increasing young population along with high spending capabilities also creates a numerous family accommodations and affordable houses in the Saudi Arabia, by making furniture market a lucrative one.

EMV chip technology is becoming the global standard for credit card and debit card payments. EMV is one of the recent developments to combat fraud and protect sensitive payment data in the card-present environment. According to our report, "Smart Card Market Outlook 2018", various financial institutions like American express, Standard Chattered etc. in many countries has started migrating from magnetic stripe cards to EMV chip technology, hence providing a new direction to the overall smartcard market.

As per the new research report by RNCOS, “Global Insulin Delivery Devices Market Outlook 2018”, manufacturers and service providers are recognizing and catering to the special needs of diabetics. As per our forecast, the global insulin delivery systems market will grow to US$ 15.62 Billion by 2018. Insulin delivery systems include insulin syringes, pens, pumps, and jet injectors. According to our study, insulin syringes and pens dominate the global insulin delivery systems market. However, the market penetration of both insulin pumps and needle-free injection jets is also rising due to technological advances. Growth is mainly being observed in insulin pens, wherein, the market of disposable insulin pens is rising rapidly in the US and reusable insulin pens are finding increased usage in China.

The global nickel market has witnessed a strong growth in production as well as consumption patterns, in the recent years. Although consumption levels increased across the world, China exhibited one of the largest growth rates. Various industries that have high application of refined nickel, for instance, developed automotive and aerospace industries are raising the demand for the metal. It is anticipated that the global refined nickel consumption will grow at a CAGR of around 6% during 2014-2016.

Global CCTV market is growing immensely due to its growing application across various industries worldwide such as retail, transportation, banking & financial services, government etc. In addition, advanced features are adding growth to the CCTV market. As per our research, the global CCTV market across the globe is expected to flourish with new technological applications such as video analytics and is anticipated to grow at a CAGR of more than 12% during 2015-2020.