Global Market Insights, Inc.

World Geothermal Heat Pump Market Will Surpass 110 GWt by 2024

LogoU.S. Geothermal Heat Pump Market for 2016 was valued more than USD 20 billion and is projected to grow at a lucrative CAGR in given time frame, propelled by availability of constant shallow ground temperature throughout the country.

Vehicle Tracking Market Revenue to Hit 11 Billion USD by 2024

LogoVehicle Tracking Market share is poised to be valued USD 11 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing vehicle security concerns, especially in corporate sector will primarily drive the industry growth over the forecast timeframe. Rising need to monitor the vehicle movement for goods and passenger security will further escalate the revenue generation. Integration of information technology and telecommunications has introduced next generation advanced solutions in various sectors, offering enhanced rapid deliveries with precision, inducing immense potential to the market size from 2017 to 2024.

Global Electric Motors Market to Witness 7% CAGR over 2017-2024

LogoElectric Motors Market is estimated to surpass USD 36 billion by 2024. High penetration of electromobility is likely to boost the industry. Major industry participants are from the automobile field focusing on increasing electric vehicle production which will drive the product demand. For instance, Honda aims to electrify two-third of its automobile production by 2030.

Rare Earth Metals Market to Achieve Growth over 9% CAGR by 2017-2024

LogoSome of the major industry players in Rare Earth Metals Market include Iluka Resources, China Minmetals Rare Earth Co. Ltd., Neo Performance Materials, Alkane Resources Ltd, Arafura Resources Ltd., Great Western Minerals Group Ltd., Lynas Corp., Canada Rare Earth Corporation, India Rare Earth Ltd., and Avalon Rare Metals.

Global Distribution Panel Market Will Register Moderate CAGR to Surpass $7 Billion by 2024

LogoThe Industry outlook report "Distribution Panel Market Size By Voltage (Low Voltage(LV), Medium Voltage(MV)), Mounting (Flush Mounting, Surface Mounting), End Use (Residential, Commercial(College/University, Office, Government/Military), Industrial(Power Generation (Thermal), Chemical, Refinery, Cement ), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, France, Germany, Russia, Italy, Austria, Spain, Netherlands, Denmark, Sweden, China, Australia, India, Japan, South Korea, Indonesia, Malaysia, Singapore, Thailand, New Zealand, Philippines, Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman, Turkey, South Africa, Nigeria, Algeria, Egypt, Cyprus, Iraq, Israel, Jordan, Lebanon, Palestine, Syria, Brazil, Argentina, Mexico), Price Trends, Competitive Market Share & Forecast, 2017 – 2024" by Global Market Insights, Inc. says Distribution Panel Market share is expected to cross $7 billion by 2024.

Worldwide Wax Market to Hit US$10 Billion by 2024

LogoGlobal Wax Market is poised to be valued USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc. The increasing spending power of consumers and their approach to improved living standards globally has given a considerable rise to the personal grooming sector. Due to which, the wax market has been rising significantly with a moderate CAGR. Wax has several applications in several end use industries for instance, cosmetics, packaging, coatings, adhesives etc. Waxes are natural compounds that are moldable solids to the surrounding temperature. They incorporate higher alkanes and lipids, generally with melting point above 40 °C, for providing low viscous fluids. These widespread uses of wax will see surged product demand by 2024.

Phase Change Materials Market Achieving 15.8% Growth to Reach $4bn by 2024

LogoSalt hydrates will be fastest growing product segment of phase change materials market in the coming years. Hydrated salts comprise of an alloy of inorganic salts and water. These are cost-effective and are easily available in market. Desirable properties of salt hydrates to be used as a phase change material include higher thermal conductivity than paraffins and non-paraffins and small volume change. Bio-based phase change materials is increasingly grabbing attention of textile and packaging manufacturers across the globe. These are mostly vegetable based and provide several social, environmental and safety benefits.

District Heating Pipeline Network Market Cumulative Installation Is Poised to Cross 850 Thousand Km by 2024

LogoThe Industry trends report "District Heating Pipeline Network Market Size By Pipe (Pre-insulated steel [20 – 100 mm, 101 – 300 mm, ?300 mm], Polymer [20 – 100 mm, 101 – 300 mm, ?300 mm]), By Diameter (20 – 100 mm, 101 – 300 mm, ?300 mm) By Application (Residential, Commercial [College/University, Office Buildings, Government/Military], Industrial [Chemical, Refinery, Paper]), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, Poland, Sweden, Russia, Italy, UK, Finland, Denmark, China, Japan, South Korea), Application Potential, Competitive Market Share & Forecast, 2017 – 2024" by Global Market Insights, Inc. forecast District Heating Pipeline Network Market share is projected to exceed 600 billion by 2024.

Aramid Fiber Market to Achieve 8% CAGR Growth During 2017 to 2024

LogoEurope led the global Aramid fibers market with a market share over 30% in 2016. However, the region will exhibit comparatively moderate growth rate in the coming years. Asia Pacific aramid fiber market will witness promising growth close to 9% by 2024. Rising automotive industry and infrastructural development will be the key factors boosting the regional growth. Total automotive sales in Asia Pacific region including: China, India, Japan, Australia, Indonesia, Thailand and Malaysia were over 40 million units in 2016 and shall escalate by 2024. Recent regulations by the Government of Japan for reinforcing the evacuation facilities situated near volcano prone areas, for instance, Ebino Eco Museum Center, will be another factor contributing to the growth of aramid fiber market in the region. Protecting structures from large airborne fragments is an important issue in Japan, one of the world's more active volcanic regions, where aramid fibers play vital role in construction owing to their airborne fragment-resistive nature.

Hydrogen Generator Market Will Register 5% Growth to Cross $1.32 Billion by 2024

LogoThe Industry growth report "Hydrogen Generator Market By Capacity (<100 Nm3/h, 100-2,000 Nm3/h, >2,000 Nm3/h), By Product (Onsite, Portable), By Process (Steam Reformer, Electrolysis), By Application (Chemical Processing, Petroleum Recovery, Fuel Cells, Refinery), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Sweden, China, Japan, India, South Korea, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024" by Global Market Insights, Inc. forecast Hydrogen Generator Market share is expected to cross $1.32 billion by 2024.