ReleaseWire Connect

Among the renewable energy sources, solar energy is one of the best sources and India has a lot of potential for solar power generation. The country is looking to position itself as one of the world’s major solar power producer in the coming years. This has led to large scale deployments of solar projects and products across the country. Besides that, increasing government initiatives in field of solar power park and advent of new technologies are adding fuel in the ever growing popularity of solar power in India. Moreover, in future, the cumulative installed capacity of solar power is anticipated to grow at a CAGR of around 31.5% during 2012-2016.

According to a new research report by RNCOS, “Indian Housing Sector Forecast to 2015”, the housing market in India has seen a rapid growth over the past few years, with a growing preference for luxury housing by the Indian people. The report revealed that a rapidly growing middle-class population, increasing customer expectations, escalating disposable incomes, along with urbanization and growing number of nuclear families has resulted in increase in the demand for housing units in the country. The report also revealed that Tier II and III cities as well as the rural areas have also witnessed construction of new houses driving the growth in the total number of housing units.

Worldwide shipments of GPS-enabled handsets are increasing and have become a standard feature in smart phones. In addition, development in Internet and network technology along with rapid growth of mobile personal devices results in the fast growth of Mobile E-Commerce and M-Commerce. Location-based service (LBS), where often the actual position of the terminal is utilized in the service provision is a special case of M-commerce. Convergence between LBS and mobile commerce is gaining momentum and a primary driver of this convergence will be Near Field Communication (NFC), which will bridge the online and offline worlds.

Global Semiconductor Industry is driven by growth in electronic applications as almost each and every electronic item uses semiconductor in some or the other way. In the semiconductor application market, data processing dominates the total semiconductor market shipments, followed by wireless communications and consumer electronics. Other major application areas are industrial and automotive electronics with 9% and 7.6% share, respectively. With the increase in future demand for electronics and requirements in new application areas, the semiconductor market, which estimated to US$ 289.9 Billion in 2012, is slated to grow at a CAGR of over 7.5% during 2013-2017.

Vietnam plastic card market is witnessing significant growth from the past few years. The market is propelling on the back of rising numbers of pre-paid cards in the country. These cards are used like a normal credit card and are preloaded with funds. Moreover, Pre-paid cards allow a person with the convenience of credit card without going into debt. However, pre-paid cards are having low share as compared to the debit cards, but in future the number of pre-paid cards will increasing due to the rising demand. Therefore, considering all the factors it is anticipated that the pre-paid cards in Vietnam will grow at a CAGR of 19% during 2013-2015.

Brazil is considered one of the most lucrative healthcare markets in Latin America with highest healthcare expenditure. Strong government support and superior healthcare services demand are some of the major factors propelling the country’s healthcare market to grow at a fast pace. In addition, the market for m-health services is growing in Brazil with rising mobile and internet penetration. The new initiative aims to develop strategies to connect indigenous communities in remote areas of Brazil with health information, such as vaccination scheduling and maternal health guidelines. With the high prevalence of mobile and internet-related services, m-health market is anticipated to grow at a CAGR of 69% during 2012-2015.

With increasing research and development and use of innovative technologies, scope of gene therapy has expanded. Gene therapy applications have shown huge growth potential to make it a million dollar industry by the end of 2017. Besides, a lot of clinical trials have been carried out to focus on the major revenue generation therapeutic segment. Majority of clinical trials have been focused on Oncology as there is a huge opportunity in cancer gene therapy products. Various geographies are growing in gene therapy applications and US showing dynamic growth.

Herceptin, the breast cancer drug will face patent expiration in 2014 and 2019 for Europe and US respectively. With regard to this, many generic manufacturers plan to acquire a significant share of Herceptin’s market. Several companies including Amgen, Pfizer and Novartis have already joined the race to develop a generic version of Herceptin. Similarly, many of the world’s largest selling cancer drugs are scheduled to lose patent protection in the coming years. This will allow the generic manufacturers to replicate and sell the product at cheaper prices.

Injectable is one of the important segments in the global cosmeceutical industry. The segment is propelling on the back of easy use, temporary nature and their affordability as compare to other segments. In addition, the demand for various injectables are increasing due to its diverse advantages on skin including wrinkle fillers, wrinkle reducers, fat treatment etc. Besides, botulism-based products are the most popular among the different injectable products. These products help to remove crow’s feet wrinkles onsides of the eyes and also the forehead facial lines. Further, on base of these factors it is anticipated that the global cosmeceutical market will grow at a CAGR of 7.2% during 2013-2016.

Saudi Arabia has initiated large-scale developments in its infrastructure, economical, industrial and educational projects to revamp the facilities and services provided in the country. Investment in infrastructure projects could provide a significant opportunity for investors in Saudi Arabia as government spending is set to touch SAR 1 Trillion in 2013. Major part of this investment will be directed towards construction of residential, educational and health facilities and improvement of transport infrastructure. These have helped the country towards enhancing various business opportunities and reducing public debt. In addition, it is leading to rise in steel consumption in the country.