Stricter Emission Norms Favoring Global Hybrid Car Market

LogoGlobal hybrid car market is anticipated to witness a considerable growth as more and more countries are now beginning to adhere to stricter emissions standards. To achieve long-term climate goals, a shift to ultra-low carbon vehicles has been considered as a very essential factor, thus governments all over the world are offering various tax incentives to stimulate the demand for hybrid vehicles.

Online Players Adopting Marketplace Model

LogoIndian online shopping space has seen some significant changes, from the online retailers changing their business models to a number of new websites joining the segment. With growing competition as well as changing consumer trends, the online shopping giants have to come up with new ideas to sustain their position. Online retailers who aggregate products from vendors are turning to start-ups for support at the backend, as they shed inventory in favor of the marketplace model. This is creating a wave of opportunity for young ventures offering services ranging from warehousing and inventory management to logistics and data analytics for e-commerce portals. Besides this, some of the online retailers are still operating open hybrid model including both inventory and market place model, especially apparel retailers. But they are also shifting more towards market place due to its various advantages over inventory led model.

Old and Disabled Tourism Growing in Turkey

LogoAccording to a new research report by RNCOS, “Turkey Medical Tourism Outlook 2017”, Turkey has been witnessing an increasing inflow of aging medical tourists from Europe over the past few years. Turkey has become a favorable destination for old and disabled medical tourists, with a rapid development of rehabilitation centers, retirement homes and other disable-friendly communities in the country. Elderly and disabled people have been flocking the country for cure and rehabilitation purposes.

Indian Modular Kitchen Market Witnessing Enormous Growth

LogoThe modular kitchen market in India is growing at a rapid rate in the country. The market is expanding as the demand is no longer restricted to the upper middle class, but is gaining popularity among other socio-economic classes also. According to a new report by RNCOS “Indian Housing Sector Forecast to 2015”, the growth in the per capita income of people, coupled with efforts on the part of organized players to offer services at affordable rates, are some of the factors which are providing a boost to the modular kitchen demand in the country.

Increasing Rheumatoid Arthritis Prevalence Boosting Injectable Drug Market

LogoGrowing prevalence of chronic diseases including diabetes, rheumatoid arthritis significantly provides opportunities for growth of injectable market across UK. High demand of drugs for such diseases has provided immense opportunities to players to create their foothold in this injectable business. Moreover, giant pharmaceutical players have been competing with small pharma companies to maintain their share. Even scientists have been involved in promising research for providing novel injectables for rheumatoid arthritis. For example: a new injectable Mavrilimumab has come up with promising phase II trial for treating arthritis.

Eastern Region Is Expected to Have More Capacity Additions in Future

LogoThe cement industry in the country is witnessing rapid developments. Almost all players (whether small, medium, or large) have been increasing the capacity of their plants during the last few years. Capacity expansion has brought in a considerable addition in the installed capacity by setting up greenfield projects and expanding & modernizing the already existing plants. According to a recent report by RNCOS “Indian Cement Industry Outlook 2016”, although capacity additions are taking place in all the regions in the country, it is the Eastern region which is expected to have the highest capacity additions in the coming years.

RNCOS White Paper: Global Aluminium Industry Scenario

LogoAluminium is one of the most versatile and essential materials for the global economy. Amongst key industry verticals, transportation accounts for 25% consumption share, followed by construction (24%), packaging (17%), power (12%) and machinery (10%). World primary aluminium markets have witnessed five consecutive years of surplus since 2008. China dominates the global aluminium market in both production and consumption. Boom in the residential and infrastructure markets drive its aluminium market.

Abundance of Resources and Expertise Drives the Mexico Footwear Industry

LogoFootwear manufacturing and trade is one of the most prominent economic activities in Mexico. The country is well known for designer shoes which are well accepted in the U.S., Canada and other nations. These products command high prices for the manufacturers, thus benefitting them from exports. Mexico has enviable advantages in terms of abundant raw material supply, skilled labor, and well established supply chain among others. Our recent study reveals that footwear sales in Mexico are expected to grow at a CAGR of around 6% during 2012-2017.

Miniaturized Treatment Centers to Drive the Demand for Smaller Proton Accelerators

LogoSupporting the trend of miniaturized treatment centers, the coming years will see a rise in the demand and supply of smaller proton accelerators which are affordable, easy to use and flexible. This will help various centers offer proton therapy inturn diversifying their service portfolio. Alongwith Mevion Medical Systems, two more vendors, Compact Particle Acceleration Cooperation and ProNova have announced plans to concentrate more on smaller proton accelerators. According to the “US Proton Therapy Outlook 2017”, by RNCOS, the market will breach the Billion dollar mark to attain revenue of US$ 1.17 Billion by 2017.

Construction Sector Driving Steel Consumption in United States

LogoUS steel industry is closely linked to the development of the country as steel has become the essential requirement for all infrastructural constructions. Today, steel has become one of the important and reliable materials in the US construction industry. It is the material of choice for various sections of the construction industry due to its strength, reliability, strong performance, consistency, and versatility in designing. The US architects and engineers increasingly prefer this material over others in the construction of residential and commercial buildings. In 2012, total construction spending increased more than 9% compared to the previous year. With rise in construction activities in the country, this spending is expected to further increase during the coming years.