Friday, 19 December 2014
Allied Market Research published a report titled “Connected Car Market (Technology, Connectivity Solutions, Product and services, Applications and Geography) - Size, Share, Global Trends, Company Profiles, Analysis, Segmentation and Forecast, 2013 – 2020.” The report offers incisive information on the connected cars market and evaluates numerous market dynamics such as market revenue trends, drivers and restraints.
The report forecast the connected cars market to attain amarket value of $141 Billion by 2020, with 32.7% CAGR during the 2014 - 2020.
Integrated connectivity segment would grow with the highest adoption during the estimated period. The use of an efficient network connection could convert a normal car into the connected car. Integrated connectivity is one of the 3 commercial solutions that provides network connectivity in a car or a vehicle.
This Integrated connectivity works by integrating a smartphone with a human machine interface. The human machine interface is nothing but an in-built machine designed to facilitate interaction between humans and the machine. The work and efficiency of the integrated connectivity solution entirely depends on the in-built applications, namely SDK (software development kit) and API’s (Application Programming Interface).
“Consumers today, require constant internet access and largely prefer connectivity solutions, which can function and network through their personal mobile devices. This encourages the automobile manufacturers to develop the very best solutions in regards to integrated connectivity. These connectivity devices may differ from user to user in the form of hardware or the application platform used,” states AMR analyst.
“In regards to this scenario, there is an impending need for the manufacturers to develop a universal solution that is compatible with all the connectivity devices, commonly. Technological advancements in mobile computing, cloud computing, and multimedia connectivity, should pave way for the rise and growth of the connected cars market,” adds the analyst.
Tuesday, 16 December 2014
Bank of India became the first bank in state of Maharashtra, India to allow users to withdraw money from ATM without having a bank account.
The bank launched ‘Instant Money Transfer’, a domestic remittance service that would allow any user to remove cash from its selected ATM’s without having the need of card. This facility is as per the promise of RBI governor, Raghu Ram made in the month of March.
Using the receiver's mobile number, the IMT would allow the customer to transfer money to a receiver through the bank's ATM or using retail Internet banking facility. Hence, the receiver may withdraw money from designated BoI ATMs without using a debit card.
ATM has revolutionized the money transfer process. It has definitely reduces the headache of waiting in long bank queues. The global ATM market is poised to grow steadily as per various research. One such research is conducted by Allied Market Research that provides market Size, Share, Trends and Forecast from 2012 – 2020 on the global ATM market. It would be interesting to see what next technological up gradation is waiting for ATMs.
The report expects the ATM market to reach a mark of $21.9 billion by 2020, registering a CAGR of 7.6% during 2014-2020. The financial services offered by ATMs is the main reason for the growth of global ATM market. However, online theft, inefficient network connectivity and frauds hinders the overall market growth. With a CAGR of 11.3%, while label ATMs are expected to grow steadily during the forecast period.
On the basis of solution, the global ATM market is segmented into deployment services and managed services. Deployment services is further classified as onsite, offsite, worksite and mobile ATM. Onsite ATM refers to ATM in the premise of the bank. Here the customer can utilize both the physical bank branch and ATM. Onsite ATM helps to save time for customers. Offsite ATM machine is one that is located away from the bank premises. It is built by the banks to reach a wider geographical audience and increase the scope of their business. ATM machines located in a company is known as worksite ATM.
In terms of type, the global ATM market is segmented into Conventional ATM/Bank ATM, Brown ATM, White label ATM, Smart ATM, Cash dispenser ATM. Brown label ATM means the hardware and the lease of it is provided by the service provider; however, connectivity and cash management is by the banks whose ATM will be installed.
The `brown label' is been looked up as a substitute between 'white label' ATMs and bank-owned ATMs. A white label ATM is an ATM machine that is owned by the non-banking institutions.
Diebold has been providing security solution to varius institutions over the span of 150 years. Diebold Inc. launched 2 sets of cash recycling ATMs, namely, 3500 and 3700 at Middle East ATMs 2014 in Dubai. Aforementioned two series are designed to increase the efficiency of cash-management and to mitigate risks, as per company.
"This new technology is the next step in Diebold's mission to deliver purposeful innovations that meet real business objectives for our customers," said Diebold Executive Vice President and Chief Innovation Officer Frank A. Natoli Jr. "The 3500 and 3700 series provide exceptional reliability for high transaction environments — helping financial institutions reduce costs, expand their reach and realize a greater return on their investment."
Wednesday, 3 December 2014
Allied Market Research published a report titled “Global Neuroprosthetics Market (Product Types, Technology, Application, and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.” The report forecast the global neuroprosthetics market to reach $14 billion by 2020 with a CAGR of 15.8% during 2014-2020.
The report offers incisive market data to global investor. Neuroprosthetics is a branch of neuroscience that deals with development of neural prostheses, a series of devices/implants that can substitute sensory, motor or cognitive modality that might have been damaged due to disease or injury.
Cochlear implants and retinal implants are the promising examples of neuroprosthetics. These devices have widespread applications for the treatment of certain neurological conditions such as Parkinson’s disease, Alzheimer’s, Dystonia, and Chronic depression. Where conventional treatments fails to give desirable outcomes.
“The neuroprosthetics market is primarily driven by rising burden of neurological disorders, rapid progression of technology, availability of public & private funds & research grants, increasing government support, and new devices approvals. However, reimbursement issues, adverse reaction to the biologically implanted system and high cost of product and therapy hinders the market growth,” state AMR analyst.
Parkinson’s disease emerges as the brightest segment within the application market. It was the maximum revenue generating segment in the year 2013. This can be credited to early commercialization and rising incidences of Parkinson’s disease associated with neural damage.
Thursday, 20 November 2014
The latest publication by AMR titled ““Global Smart Elevator Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020,” states the global smart elevator market to attain a value of “Global Smart Elevator Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020. The report provides excellent facts and figures for the market participants to understand the competitive scenario of the market.
The commercial application of the smart elevators market would prove a boon for the growth of the overall market.
The commercial applications where smart elevators are being used are offices, hotel & lodgings, healthcare, financial institutions and retail (malls and multiplexes). The design and capacity of the elevators differs in all the sectors. i.e., residential buildings have lesser inter floor traffic as compared to commercial buildings; therefore, the capacity and the passenger capacity varies; whereas, in healthcare sector, hospitals require deeper elevators to take stretchers. In malls and multiplexes, vandal proof material of smart elevator is required. In addition to this, spacious and ride comfort elevators are essential in retail and warehouses. Therefore, the elevators are designed according to the purpose of the elevator.
“Elevators consume large amount of energy in large commercial buildings where there is more inter-floor traffic of people. Therefore, giant players in the market are innovating solutions that would consume less power and provide same customer experience, i.e. Smart Elevators,” states AMR analyst.
For instance, Mitsubishi has developed a multi-elevator smart technology in 2011 that reduces energy consumption approximately up to 10%. The smart technology focuses on operational efficiency during peak hours of rush and on the other hand maximizes energy reduction during lull times.
Analyst further adds “For instance, Mitsubishi has developed a multi-elevator smart technology in 2011 that reduces energy consumption approximately up to 10%. The smart technology focuses on operational efficiency during peak hours of rush and on the other hand maximizes energy reduction during lull times. ”
Thursday, 30 October 2014
Allied Market Research published a report titled “Global Bio-implants Market (Types, and geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.” The report provides in-depth analysis of the global bio-implants market.
The report offers precise study of the key factors influencing the market growth in numerous geographies. The report comprises extensive information in the form of statistics and figures, which would assist the global investors and market participants to know the competitive landscape along with growth prospects of the bio-implants market in different geographical regions.
Cardiovascular implants are rocketing the growth of global bio-implants market. Rising cases of cardiac resynchronization have increased the need of pacing devices. “Technological advancement in ventricular assist devices, implantable monitors and heart valves would encourage the use of structural implants,” states AMR analyst.
Some of the key players with cardiac implants devices such as cardiac stents, pacing devices, and structural cardiac implants are Boston Scientific, Medtronic, Johnson & Johnson and St.Jude Medical. As per the report, cardiovascular diseases would become a leading cause of both disability and death globally.
“Cardiovascular diseases result into disturbance in heart functioning. Symptoms can be alleviated through medication and the root cause can be treated by repairing injured tissues. Wide varieties of biomaterials are used in the repair and replacement of impaired heart tissues. Cardiovascular biomaterials include metals, polymers, and processed biological substances. Metals such as stainless steel, cobalt-chrome alloys and titanium based alloys are used in cardiovascular applications such as endovascular stents, heart valves and stent-graft combinations,” said Roshan Deshmuk, AMR analyst.
Wednesday, 22 October 2014
Allied Market Research published a report titled “Global Herbicides Market (Type, Mode of action, Crop Type and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.” The report would assist the global players in understanding the market dynamics and take profitable decision.
Glyphosate applications are pushing the global herbicides market towards a poised growth. Glyphosate, a glycine derivative is a broad-spectrum, non-selective herbicide, which is applied directly to the plant foliage.
Small quantity of the solution is also used as a plant growth regulator. It is useful in all annual and perennial plants, such as broad level weeds, woody plants, grasses, sedges etc. Glyphosate has moderate toxicity that results in eye irritation and sensitizations to humans.
“Various market leaders around the world offer their glyphosate herbicide under different brand names. BASF‘s glyphosate-based Extreme herbicides is one of the popular international brand for weeds control in Roundup Ready soybeans. KIXOR range of herbicides of BASF is one of the fastest and most effective weed control herbicides which are used in glyphosate-resistant weeds of Canada fleabane,” state AMR analyst
Glyphosate is a low cost solution and less toxic; hence, it is mostly used by the farmers and roundup brand herbicides. Further, it helps to kill weeds in non-agricultural lands such as gardens, railway tracks, industrial complexes, etc.
“The key factor behind the rapid adoption of glyphosate herbicides is its less toxicity towards human, animal and environment. The product possesses various favourable environmental characteristics, such as low volatility, soil binding, microbial degradation, positive effect over microorganisms etc. This above characteristics makes the herbicides a suitable and sustainable agriculture, land management and wildlife solution,” further adds analyst.
Labels: Materials & Chemicals
Wednesday, 8 October 2014
Allied Market Research Published a report titled “Global Electric Motor Market (Motor Types, Applications, Output Power, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.”
The report covers comprehensive information on electric motor market that would prove effective in taking market related decisions.
Hermetic are enclosure types that are used in Refrigeration and Air-Conditioning, enclosed in a compressor cell, known as hermetic motors. They are sealed into the compressor assemblies of large chillers. Few of the compressor producers have established 24 V or 48 V DC motors for hermetic compressor applications.
“Hermetic motors are AC Squirrel Cage Induction Motors, both single and three phase. However, almost 95% or even more compressors use AC Induction Motor in hermetic compressor. In addition to this, Elco which is Asia’s largest manufacturer of cooling towers has launched the first motor compressor in Thailand and has produced condensing units that are the components of the refrigeration products, motor compressor parts and other electrical motor parts.
In addition to this, local players in the market are also launching novel products to remain competitive in the market. The emerging markets have a large number of local motor manufacturers. Therefore, the price of the motors are comparatively low in these markets,” says AMR analyst Apurva Sale.
“Hermetic motors are majorly used for refrigeration and air conditioning purposes. Therefore, for heating ventilation and air conditioning applications, hermetic compressors are in demand. The manufacturers in the market are launching new products which are used in domestic appliances or industrial applications,” adds analyst.
In hermetic motors the winding temperature decreases with increasing load. This is not the case in traditional motors. Hence, it can be used till it the point of its breakdown torque without being thermally loaded. The advantages and the widespread adoption of hermetic motors are driving the market