Global Market Insights, Inc.

Digital Signage Media Player Market to Grow at over 4% CAGR to 2024

LogoAccording to a latest research report by Global Market Insights, Inc. "Digital Signage Media Player Market is expected to cross USD 1.4 billion by 2024." Rising deployment of signage systems such as interactive video walls and displays across retail industry is anticipated to drive the digital signage media player market growth. In order to provide interactive experience to the customers, retailers are increasingly making use of the signage players to power the screens for marketing & advertising activities. Increasing popularity of online shopping followed by the growing trend of digitization, retailers across various regions are deploying media players for enhancing the customer interaction.

Worldwide Boiler Market Annual Installation Is Poised to Cross 11 Million Units by 2024

LogoWorld Boiler Market is projected to surpass USD 52 billion by 2024, as reported in the latest study by Global Market Insights, Inc. Supportive policies toward installation of energy efficient heating systems coupled with shifting trend towards adoption of zero emission buildings will drive the global boiler market size. In November 2016, Government of Germany approved Climate Protection Plan 2050 with an aim to reduce Greenhouse Gas (GHG) emissions from various sources including energy, industries, commercial buildings, transport and agriculture.

Fluoropolymer Films Market to Achieve 5%+ Growth over 2017-2024

LogoEurope fluoropolymer films market held a share above 20% in the overall fluorine-based organic polymer films market during the year 2016; however, the region shall have slow growth in the near future for being a matured industry. Asia Pacific will lead the market throughout the forecast period. The region marks the trends such as: robust construction industry, low costs of production and significant collective solar capacity with China (78.1 GW) and Japan (42.8 GW). Fluoropolymer films market will have high demand from the end-user including construction, electrical & electronics, industrial processing and others in the due course of time.

Industrial Robotics Market to Witness 10% Growth over 2017-2024

LogoAccording to a latest research report by Global Market Insights, Inc. "Industrial Robotics Market is projected to reach a revenue of over USD 80 billion by 2024." The rapid growth of the industrial sector across the world and the high adoption of automation technologies as a part of the manufacturing process are the major factors propelling the industry growth during the forecast timeframe.

World Aeroderivative Gas Turbine Market Will See 9.8% CAGR to Cross 21 GW by 2024

LogoGlobal Aeroderivative Gas Turbine Market is anticipated to surpass 21 GW by 2024, as reported in the latest study by Global Market Insights, Inc. Rising cogeneration technology adoption to meet the growing electricity demand will drive the global aeroderivative gas turbine market size by 2024. Countries including the U.S., UK, France, and Germany are investing aggressively for replacement of their existing coal fired power stations with the sustainable energy, positively impacting the industry growth. U.S. federal government is planning to increase the share of cogeneration by 30% over the next ten years in line to achieve its clean energy target.

World String Inverter Market Will Retain 15% CAGR to Beat $7 Billion by 2024

LogoGlobal String Inverter Market is poised to surpass USD 7 billion by 2024, as per the latest report by Global Market Insights, Inc. Rising demand for continuous and reliable power sources owing to growing population and urbanization will propel global string inverter market share over forecast period. Strong demand trends for off grid electricity will also play a significant role in industry evolution, with over 800 million of total population having poor or no access to electric grid infrastructure as of 2015.

Home Audio Equipment Market Shipments to Hit 150 Million Units by 2024

LogoAccording to a latest research report by Global Market Insights, Inc. "Home Audio Equipment Market share is poised to be valued USD 20 billion by 2024." Home audio equipment market is expected to grow owing to the growing penetration of internet of things (IoT) technology across the globe. With the introduction of IoT, consumers are increasingly demanding the devices compatible with multiple other devices to increase convenience and enhance experience. For instance, smart speaker range by Amazon perform several other functions that control smart homes, including control heaters, fans, lights, and thermostats. With the proliferation of this technology, the demand for audio devices that perform such functions is expected to propel the home audio equipment market growth.

Automotive Gesture Recognition Market to Witness 42%+ CAGR to 2024

LogoAccording to a latest research report by Global Market Insights, Inc. "Automotive Gesture Recognition Market is predicted to be valued USD 13 billion by 2024." High consumer preference towards application-based vehicle technologies coupled with rising awareness regarding driver safety will stimulate the revenue generation over the forecast timeframe. Increasing electronic components and sensors in vehicles will further support the adoption of these systems. In addition, drivers will access multiple vehicle features without losing control on the steering wheels.

Material Handling Equipment Market to Cross USD 190 Billion Revenue by 2024

LogoMaterial Handling Equipment Market growth is driven by increasing demand for robotics due to the ability of robots to improve the effectiveness of the manufacturing plant and surge customer satisfaction by delivering quality products in a timely manner.

World Geothermal Energy Market Production Will Cross 23 GW by 2024

LogoGlobal Geothermal Energy Market is projected to surpass USD 57 billion by 2024, according to a new research report by Global Market Insights, Inc. Increasing energy demand from heating & cooling systems including ground source heat pump and district heating will positively drive the geothermal energy market. Favourable legislations to reduce GHG emissions will further stimulate demand. The EU has introduced several action plans and framework including Paris Climate agreement and 2030 climate and energy framework with an aim to reduce the emissions to 47% from 1990 level. Directive also focusses to increase sustainable energy share to at least 27% of total consumption by 2030.