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  • Intellectual Property Software Market – Global Industry Trends and Forecast 2017 – 2025

    Intellectual Property Software Market – Global Industry Trends and Forecast 2017 – 2025

    Global Intellectual Property Software Market: Overview

    Intellectual property comprises symbols, images, inventions, and names that are used by organizations. The intellectual property software allows users to efficiently protect and manage their properties. It also helps in maintaining and gaining trademarks, patents, rights, and licenses. The rising rate of industrialization and the rising awareness among consumers are anticipated to encourage the growth of the global market throughout the forecast period.

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    The research report on the global intellectual property software offers a thorough overview of the market, highlighting the key factors that are predicted to influence the market’s growth in the coming years. The rising focus on the expansion of the application base is expected to fuel the overall development of the market throughout the forecast period. The key segmentation, latest trends, and technological developments in the field have been discussed in the scope of the research study, along with a detailed overview of the competitive landscape of the global intellectual property software market.

    Global Intellectual Property Software Market: Drivers and Restraints

    The rising focus of companies towards the protection of intellectual assets by gaining licenses and patents in order to safeguard their technologies and innovations are anticipated to encourage the growth of the global market in the next few years. In addition, the growing demand for efficient and effective management of intellectual properties that are gained by companies is predicted to encourage the growth of the overall market in the coming few years.

    On the flip side, the lack of awareness among consumer regarding the use of intellectual property software is considered as a major factor estimated to restrict the growth of the global market throughout the forecast period. In addition, the high cost of the software and several complexities related to it are projected to curtail the growth of the overall market in the near future. Nevertheless, the robust development of communication technologies and the rising demand from several emerging economies are projected to generate promising growth opportunities in the coming years.

    Global Intellectual Property Software Market: Region-wise Outlook

    Among the key regional segments of the global intellectual property software market, in 2016, North America led the global market and is estimated to remain in the leading position throughout the forecast period. The high growth of this region can be attributed to the increasing adoption of intellectual property rights across diverse industries. In addition, the rising number of government initiatives and a favorable regulatory framework are anticipated to accelerate the growth of the North America market throughout the forecast period.

    On the other hand, Asia Pacific is estimated to offer promising growth opportunities for key players across the forecast period. The development of the healthcare industry and the rising number of inventions and new products are anticipated to encourage the growth of the Asia Pacific market in the coming years. Furthermore, the rising awareness among consumers regarding the advantages of intellectual property rights and software are predicted to accelerate the growth of the market in the coming years.

    Key Players Mentioned in the Research Report are:

    The global market for intellectual property software is competitive in nature with a presence of a large number of players operating in it. Some of the leading players in the intellectual property software market across the globe are PatSnap Pte. Ltd., Clarivate Analytics, IPfolio, LexisNexis, Wellspring Worldwide, Ambercite, IP Checkups, Inc., Innography, Inc., XLPAT, Aistemos, TORViC Technologies, Inc., Gemalto NV, Anaqua, Inc., Patrix AB, Minesoft Ltd., IP Street Holdings, LLC, Questel, Inteum Company, LLC, Gridlogics, O P Solutions, Inc., VajraSoft Inc., Iolite Softwares Inc.

    Key Segments of the Global Intellectual Property Software Market

    Global Intellectual Property Software Market, by Component

    Software
    Cloud-based
    On Premise
    Services
    Development & Implementation Services
    Consulting Services
    Maintenance & Support Services

    Global Intellectual Property Software Market, by Application

    Patent Management
    Trademark Management
    Intellectual Property (IP) Portfolio Management
    Intellectual Property (IP) Licensing
    Intellectual Property (IP) Reporting & Analytics
    Others

    Global Intellectual Property Software Market, by End-use Industries

    Individuals (independent Inventors)
    Enterprises
    Insurance (BFSI)
    Government
    Healthcare
    IT & Telecommunication
    Electronics
    Manufacturing
    Others

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  • IoT in Manufacturing Market – Global Industry Trends and Forecast 2016 – 2024

    IoT in Manufacturing Market – Global Industry Trends and Forecast 2016 – 2024

    IoT in Manufacturing Market – Snapshot

    The emergence of advanced data analytics and data processing is anticipated to aid the growth of the global IoT in manufacturing market. Applications of IoT in manufacturing help gain insight into the performance and lifetime asset value of machines, enable greater control over the complex aspects of manufacturing operations, improve quality management and enterprise compliance, improve production yield rates, reduce carrying costs and out-of-stock inventory, accelerate inventory turns, enable predictive maintenance, collect and track throughout production, and provide real-time insights into manufacturing operations.

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    Growing adoption of innovative technologies and the increasing focus of key players on research and development activities are expected to fuel the growth of the market for IoT in the manufacturing sector. Furthermore, exposure of intelligent machine applications and the increasing need for agile production and operational efficiency are anticipated to assist the growth of the market. In addition, rise in regulatory compliances around the world is likely to help the IoT market in the manufacturing sector.

    The presence of a large number of manufacturing units and the rapid growth of the economy are expected to help the market grow with a significant rate in North America for the next few years. The key players are continuously developing IoT solutions to enable more effective and efficient procedures of manufacturing. Companies such as Microsoft Corporation, Rockwell Automation, Siemens AG, IBM Corporation, SAP SE, Zebra Technologies, Cisco Systems, Inc., Huawei, General Electric, PTC Incorporation, and Bosch Software Innovations GmbH are creating IoT solutions which can be applicable for a wide range of manufacturing procedures, further helping the global IoT in manufacturing market grow.

    Global IoT in Manufacturing Market: Overview

    The global market for IoT in manufacturing is projected to witness healthy growth in the next few years, thanks to the emergence of advanced data processing and data analytics. Additionally, a significant rise in the regulatory compliances is likely to supplement the growth of the overall market in the near future. According to the research study, this market is likely to register an impressive growth rate across the forecast period.

    Furthermore, the key factors that are responsible for accelerating the growth of the global IoT in manufacturing market have been highlighted in the scope of the research report. Moreover, the product segmentation, applications, technological developments, and the competitive scenario of the market have been included to offer a clear understanding of the overall market.

    Global IoT in Manufacturing Market: Drivers and Restraints

    The increasing demand for predictive maintenance and centralized monitoring of manufacturing infrastructure is one of the important factors predicted to augment the growth of the global IoT in manufacturing market in the near future. In addition, the rising need for operational efficiency and agile production and the emergence of intelligent machine applications are predicted to the accelerate the growth of the market in the coming years.

    On the contrary, several concerns related to data privacy and security and the lack of specific standards for interoperability and interconnectivity are projected to restrict the growth of the global IoT in manufacturing market in the forecast period. The inconsistency in business semantics and the rising conflicts concerning ownership of data are likely to hamper the growth of the market in the near future. Nonetheless, the increasing popularity of shared security and content maturity market are expected to offer promising growth opportunities for the market players.

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    Global IoT in Manufacturing Market: Region-wise Outlook

    Among the key regional segments, North America is anticipated to witness a strong growth in the global IoT in manufacturing market. This region is expected to remain in the leading position throughout the forecast period and register a healthy growth rate. The rapid growth of the economy and the presence of a large number of manufacturing units in this region is expected to encourage the growth of the IoT in manufacturing market across North America in the near future.


  • Electronically Scanned Arrays Market – Global Industry Size, Share and Forecast 2016 – 2024

    Electronically Scanned Arrays Market – Global Industry Size, Share and Forecast 2016 – 2024

    Electronically scanned arrays refer to a phased array antenna which is used to electronically steer a beam of radio waves in different directions. This type of arrays are primarily utilized in radars. In order to provide an in-depth analysis of the market, the global electronically scanned arrays has been segmented on the basis of product type, end users, range and geography. Based on product type, the market is categorized into AESA (Active Electronically Scanned Arrays) also known as APAR (Active Phased Array Radars) and passive electronically scanned arrays (PESA) or passive phased array. Electronically scanned arrays also finds its application among various end-user segment of defense sector including land, naval and airborne.

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    Moreover, the operational range of an electronically scanned arrays can be classified into long, medium and short. The market of electronically scanned arrays market is anticipated to witness a high growth during the forecast period from 2016 to 2024 owing to increasing investment in upgrading of the radar system in order to increase their operational efficiency.

    The primary requirement to replace the traditional radar system across different regions is the most important factor expected to boost the demand of technologically advanced electronically scanned arrays in the coming years. In addition, the growing preference for technologically advanced radar for providing all weather battlefield surveillance against incoming threat is also expected to propel the demand of electronically scanned arrays during the forecast period from 2016 to 2024.

    However, long replacement cycle of the radar system is of the primary factor anticipated to negatively affect the demand of electronically scanned arrays to some extent in the coming years.

    Based on product type, the active electronically scanned arrays (AESA) is predicted to experience the highest growth in terms of revenue during the forecast period. AESAs are fitted with receivers and transmitters, which yet again consist of several small modules of transmitter/receivers. AESAs have high capability of spreading emissions across a very wide range of frequencies. Thus, it is utilized extensively across wide area for sea and land surveillance.

    On the basis of end user segment, the naval sector is predicted witness the most promising growth in the coming years. For tracking and detection of naval activities, naval radars are extensively used. The primary function of naval-based radar system is locating warships, offshore patrol vessels (OPV), submarine and various other vessels of naval vessel. Radar-based naval systems are also used extensively for detecting ammunitions and anti-ship missile.

    On the other hand, medium range category of the electronically scanned arrays is forecasted to witness the fastest growth over the forecast period. These radars are utilized to locate targets in the range of 50 km to 150 km. These radars work in the frequency of 8 to 40 GHz and are used efficiently in the management of warships, maritime activities, naval activities and management of air traffic

    Geographically, the market is segmented into North America, Asia Pacific (APAC), Europe, Middle East and Africa (EMEA) and South America. In 2015, North America held the largest share in the electronically scanned market among different regions. Huge concentration of electronically scanned manufacturers coupled with increasing investment in research and development activities is the primary factor behind this region’s dominance. However, Asia Pacific region is anticipated to experience the highest growth in the coming eight years. The growing threats of terror activities in the region and is anticipated to drive the need for upgradation of surveillance capabilities. This in turn is predicted to accelerate the demand of electronically scanned arrays in Asia Pacific region. In addition, various territorial disputes across the borders of different countries in the Asia-pacific region and this has furthermore contributed to the increase in military budget to enhance capability of anti-missile. This has led to the increasing demand of AESA in the region of Asia-pacific.

    The global market of electronically scanned arrays is fragmented with many large and well-established players occupying a strong position worldwide. Also, many new players are also trying to enter the high electronically scanned arrays market owing to the expected high growth of the market.

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    Some of the major players of the high voltage electronically scanned arrays market are Northrop Grumman Corporation (the US), Lockheed Martin Corporation (the US), Ericsson (Sweden), Saab AB (Sweden), Thales Group (France), Toshiba (Japan), Elta (Israel),The Raytheon Company (the US), Mitsubishi (Japan), Defence Research and Development Organization (India) amongst many others.


  • Embedded Analytics Market – Global Industry Analysis, Size, Share For 2025

    Embedded Analytics Market – Global Industry Analysis, Size, Share For

    Embedded analytics aims at providing higher accessibility of business intelligence and analysis of data to the various users of an organization. Traditional business analytics or intelligence is aimed at extraction of data and performing basic level of analysis. However, such applications are seldom capable of solving high level analytic problems. Embedded analytics aids in solving such problems as they are capable of analyzing huge quantities of multi domain data and extracting business specific data from the same.

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    Embedded analytics are now being provided as an in-built part of most business applications such as customer relationship management (CRM) and enterprise resource planning (ERP) among others. Business intelligence is an aggregate of independent systems, such as people processes and technologies among others, which provides a central view point on the multi domain data gathered and analyzed. Such systems are primarily utilized for performing data analysis and involve many different types of applications. Embedded analytics, on the other hand, are a part of modern business applications and are aimed to provide specific information for supporting specific business actions or decisions. Currently, business intelligence vendors, such as Tableau Software and Sisense among others, develop embedded analytic tools, which is then integrated into business applications by the application developers and provided to the end-users.

    The market for embedded analytics is primarily being driven by the increased integration of such capabilities under commonly available business applications, compared to traditionally available business intelligence platforms. The integration of embedded analytics within business applications, such as accounting software and ERP, has enabled the users to generate visualization tools and specific analytical data immediately, which in turn has been promoting the growth of the market. Additionally, the huge growth in demand for internet of things (IOT), industrial internet of things (IIOT) and big data has led to generation of huge amount of multidisciplinary data. Analysis of such data, for offering customized solutions to customers and achieving competitive edge over rivals, has become of prime importance for business entities. It in turn has been boosting the growth of embedded analytics market. Furthermore, there is a strong growing demand for smart phones and connected electronic devices. It has also been generating huge amount of multidisciplinary data, of specific interest to various companies, which has been further promoting the growth of the embedded analytics market globally. A key trend in this market, mostly involving enterprises, is the development of in-house embedded analytics solutions, which can be customized by the end user.

    On the basis of applications, the embedded analytics market has been segmented into two types, namely commercial and non-commercial. Commercial applications segment was the largest segment in 2015 and is expected to remain the same during the forecast period. Such large market share can be attributed to the higher usage of commercial business intelligence applications having in built embedded analytics. On the basis of end-use industry, the market has been segmented into seven types. They are banking, financial services & insurance (BFSI), retail, manufacturing, consumer goods, healthcare, education and others. Others segment include construction and government among others. BFSI was the largest segment in 2015. The global embedded analytics market has again being segmented into five regions, namely North America, Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). North America was the largest segment, by region in 2015 and is expected to lose significant amount of its share to APAC during the forecast period.

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    The major companies of the embedded analytics market globally are Sisense, Inc. (U.S.), Pentaho Corporation [Hitachi Data Systems]. (U.S.), Yellowfin Business Intelligence (Australia), MicroStrategy, Inc. (U.S.), Tableau Software (U.S.), Birst, Inc. (U.S.), Logi Analytics, Inc. (U.S.), TIBCO Software, Inc. (U.S.), BellaDati (U.S.) and GoodData Corporation (U.S.), among various other companies.


  • Hot Dogs and Sausages Market - estimated to be worth US$80.4 bn by 2021

    Hot Dogs and Sausages Market: Snapshot

    Hot dogs and sausages have been gaining popularity around the world owing to the taste, convenience, and variety they offer. The hot dogs and sausages market is being driven by varied consumption trends and patterns across different regions and seasons. The rapid development of the retail sector in emerging economies is a large opportunity for players in the hot dogs and sausages market and this has spurred the operational expansion of companies in countries such as China, India, Malaysia, the UAE, and the Philippines.

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    Revenues of the global hot dogs and sausages market were nearly US$64.7 bn in 2014 and are estimated to reach US$80.4 bn by 2021. The market is projected to register a 3.1% CAGR during the forecast period, reports Transparency Market Research.

    Chicken Sausages to Emerge as Most Attractive Segment as Pork Sausages Face Religious Barriers

    Hot dogs and sausages are made from a variety of meats: pork, beef, chicken, mutton, and lamb. Among these, although pork led the overall market, chicken is identified as the most attractive segment for the hot dogs and sausages market due to growing health awareness among consumers. There has been a global shift in consumer preference from red meat to chicken since the cholesterol content in red meat is higher than that in chicken. Furthermore, chicken does not contain trans fat, which is one of the main factors triggering coronary heart diseases. This is expected to increase the demand for chicken hot dogs and sausages during the forecast period.

    Additionally, chicken is comparatively cheaper and there are negligible religious barriers or taboos associated with its consumption. This is as an important factor in the growth of the chicken hot dogs and sausages market, especially in the Middle East. On the other hand, pork is an attractive segment in the hot dogs and sausages market in Asia Pacific, especially in China.

    hot-dog-sausages-market

     

    Demand for Hot Dogs and Sausages on the Rise in MEA

    The global hot dogs and sausages market has been geographically segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America.

    In terms of revenue, Asia Pacific is expected to be the leading regional market for hot dogs and sausages, accounting for a share of more than 39% during the forecast period. The Middle East and Africa region, on the other hand, is predicted to be the fastest growing hot dogs and sausages market.

    The Asia Pacific hot dogs and sausages market is fueled by the rising preference for fast food among the younger generation in the developing economies of China and India. One of the major factors contributing to this factor is the increasing number of individuals belonging to the age group of 20-30.

    The hot dogs and sausages market in the Middle East and Africa is anticipated to witness significant growth during the forecast period due to the increasingly busy lifestyles of the working class, the growing frequency of major sporting events, and an increasing number of households with kids. In addition, extensive marketing strategies adopted by hot dogs and sausages manufacturing companies are slated to fuel the market in this region over the course of the forecast period.

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    Some of the prominent companies competing in the global hot dogs and sausages market are Bar-S Foods Co., ConAgra Foods, Inc., Bob Evans Farms, Inc., Johnsonville Sausage, LLC, Sara Lee Food & Beverage, Family Dollar Stores, Inc., Boklunder, Atria Plc., Animex, Campofrio Food Group, Elpozo, Sigma Alimentos, JBS Argentina, and Tyson Foods Inc.


  • Biscuits Market - Thriving Tourism Industry Aiding Rise in Consumption of Swiss Biscuits

    Growing Tourist Arrivals Translate to Higher Biscuit Sales in Switzerland

    A constant rise in demand for healthy and nutritious product varieties, with low-calorie and sugar-free products gaining high consumer preference, and the demand for convenient snacks are some of the key trends impacting the overall development of the present-day Switzerland biscuits market. The rising numbers of international and domestic tourists in the country and steady growth in the retail sector post the economic turmoil of 2008 are aiding the market in moving along a sustainable growth path.

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    However, rising raw material, labor, and packaging costs and the need to hold on to prices to withstand the intense competition in the market are collectively leading to a stagnant rise in profit margins for manufacturers. Transparency Market Research estimates that the Switzerland biscuits market will expand at a CAGR of 1.7% over the period between 2016 and 2024, rising from a valuation of US$973.3 mn in 2015 to US$1,125.7 mn by 2024. The market will expand at a 1.2% CAGR in terms of volume over the same period.

    Chocolate Coated Biscuits Contribute Sizeable Share in Market’s Revenues

    Of the vast variety of products available in the Switzerland biscuits market, the segment of chocolate coated biscuits contributed the largest share to the market’s overall revenues in 2015. The segment acquired a 36.9% share in the market’s revenues in 2015 and is expected to reach 39.4% by 2024. Bourbon biscuits, filled biscuits, and plain biscuits were the other leading product segments in terms of their contribution to the market’s revenues in 2015.

    Volume-wise, the segment of plain biscuits emerged as the market’s most favored product variety, accounting for nearly 29.4% share in the market’s overall volume-wise sales in 2015. The segment is, however, expected to lose its prominence to other segments such as filled biscuits and rich tea biscuits over the forecasting horizon, with its share witnessing a meagre decline to 28.6% by 2024. The health appeal of plain biscuits will allow the segment to remain at the forefront of sales in the near future as well.

     

    switzerland-biscuits-market

     

    Consumers between 20-30 Years of Age Emerge as Most Lucrative Demographic for Market

    In terms of revenue, the consumer group between the ages of 20-30 years dominated the Switzerland biscuits market in 2015. This segment accounted for a nearly 28% share in the market’s revenues in 2015. The age group of 31-40 years held the second largest revenue share in the market in 2015, accounting for 23.2% of the overall market. These sectors are also expected to be the key determinants of the market’s overall development in the next few years. A vast rise in health consciousness among consumers in these age-groups is also the key reason why manufacturers have started focusing more on the production of healthy and nutritious product varieties.

    Over the period between 2016 and 2024, the age group of 5-10 years is expected to lead to the most promising growth opportunities for the Switzerland biscuits market. TMR estimates that the segment will expand at the fastest CAGR of 2.7% from 2016 through 2024. This estimate translates in a substantial rise in the overall consumption of product varieties such as chocolate coated and filled biscuits.

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    In the fragmented market, some of the key vendors operating amid intense competition are Lefèvre-Utile, Walkers Shortbread Ltd, Confiserie Sprüngli AG, Kägi Söhne AG., Kambly SA, Wernli AG, Barilla G. e R. Fratelli S.p.A, Lotus Bakeries N.V., Nestle S.A., Burton’s Food, Midor AG, HUG AG, and United Biscuit.


  • Edible Oils and Fats Market expected to scale up to 268.3 thousand tons in 2025

    Iraq Edible Oils and Fats Market: Snapshot 

    The economy of Iraq has faced sharp deterioration in terms of economic activity and the balance of payments and public finance, due to which the edible oils and fats market in Iraq has been experiencing sluggish growth in recent times. However, the market possesses significant potential for growth in the coming years.

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    Increasing population is a key factor likely to fuel the edible oils and fats market in Iraq. The population in Iraq recorded a 3.9% increase from 2010 to 2015 and is expected to report a steady rise during the forecast period. The rising population as well as purchasing power of the consumers is likely to result in the increase in per capita consumption of edible oils. With greater purchasing power, consumers are slated to shift toward a healthier lifestyle and dietary habits, switching to alternatives such as high quality edible oils and fats. This is projected to benefit the edible oils and fats market in Iraq. The rising tourism sector in the country also complements the growth of the food service industry and this, in turn, drives the edible oils and fats market.

    The market was valued at US$1.3 bn in 2015 and is expected to reach US$2.3 bn by 2025, expanding at a CAGR of 6.0% therein. By volume, the Iraq edible oils and fats market is anticipated to register a 3.3% CAGR from 2016 to 2025.

    PDS a Key Distribution Channel for Edible Oils and Fats in Iraq

    The market has been segmented on the basis of product type into vegetable and seed oil, spreadable oils and fats, cooking fats, and others. Vegetable and seed oil led the Iraq edible oils and fats market and is expected to continue its dominance throughout the forecast period. This segment is further broken down into sunflower oil, soybean, corn oil, palm oil, canola oil, and others, with sunflower oil taking the lead. Spreadable oils and fats comprise butter and margarine, with the former leading this segment through 2025. Cooking fats include animal ghee and vegetable ghee and the latter accounts for the major share in the market.

    By distribution channel, B2C held the major market share in 2015 and is expected retain its dominance throughout the forecast period. B2C has been further categorized into pubic distribution system (PDS) scheme and others. Public distribution system (PDS) is a food security system that involves the distribution of staple foods such as wheat, edible oil and fats, sugar, rice, and kerosene through a series of fair price shops. Public distribution shops distribute rations at a reduced price to citizens falling in the BPL (Below Poverty Line) category.

    edible oils fats market

    Baghdad Emerges as Leading Region in Iraq Edible Oils and Fats Market 

    The edible oils and fats market in Iraq has been segmented on the basis of region into Babil, Baghdad, Basra, Dhi Qar, Al-Qadisiyyah, Diyala, Karbala, Maysan, Muthanna, Najaf, Wasit, Erbil, Kirkuk, Sulaymania, and others. Baghdad has been leading the edible oils and fats market in Iraq, both in terms of revenue and volume. Baghdad is the largest city in Iraq and accounts for 40% of the total GDP of Iraq, TMR finds.

    A massive population in Baghdad is the key factor responsible for the high growth of the edible oils and fats market in that region. In terms of volume, the Baghdad edible oils and fats market amounted to 190.9 thousand tons in 2015 and is expected to reach 268.3 thousand tons by the end of the forecast period, registering an annual growth of 3.5% from 2010 to 2025. Muthanna and Maysan also form key markets for edible oils and fats in Iraq, both reporting a high CAGR between 2016 and 2025. On the other hand, the market share of the others segment is expected to witness a decline by the end of the forecast period.

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    The edible oils and fats market is dominated by several international players such as Marsan Gida San Ve Tic A.S., Anadolu Group, Zer Group, Altunkaya Group of Companies, and Aves A.S. However, local companies such as Etihad Food Industries are expected to commence operation of their own edible oils and fats refineries in Iraq in the future which would complement the growth in the demand for locally produced oils and fats.


  • Cooking Oil Market - Demand for Processed Food Surges as Consumption Patterns Evolve

    GCC and Qatar Cooking Oil Market: Snapshot

    The cooking oil market in the GCC has been witnessing a major shift in investment patterns in recent years. Over the past decade, the investment in this market has doubled owing to players realizing the scope this market presents. The increasing population and a higher propensity of consumers to spend on edible oils are the primary factors driving the cooking oil market in the GCC. The presence of leading companies in the region has increased of late with the growth in demand. Improvisation and diversification of products in this market is a key strategy adopted by vendors.

    However, the high cost of raw materials required for the extraction of cooking oils is a major restraining factor for any new player in this market. The lack of local production of cooking oils due to adverse climatic conditions and less rainfall is another major factor limiting the scope of the GCC and Qatar cooking oil market.

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    In terms of revenue, the cooking oil market in the GCC and Qatar was valued at US$988.2 mn in 2015 and is expected to reach US$1.7 bn by 2024, expanding at a 6.6% CAGR therein. In terms of volume, the market is projected to register a CAGR of 8.4% during the forecast period.

    Sunflower Oil Most Preferred Cooking Oil in GCC 

    On the basis of product, the cooking oil market in the GCC and Qatar is segmented into sunflower oil, corn oil, palm oil, and others. The others segment comprises soybean oil, flaxseed oil, and coconut oil, among others. Sunflower oil recorded a significant share in the cooking oil market, accounting for more than 70% in 2015. The segment is expected to lead the GCC and Qatar market throughout the forecast period owing to the widespread use of sunflower oil among residents in the GCC region. Despite accounting for a share of less than 7% in 2015 in the GCC and Qatar cooking oil market, corn oil is expected to grow at the fastest rate through 2024.

    By packaging type, the market is bifurcated into retail and bulk. Retail package emerged as the key contributor in the cooking oil market in GCC, accounting for more than 70% in 2015.

    cooking oils markett

    High Consumer Purchasing Power a Prominent Driving Factor in Qatar Cooking Oil Market 

    Geographically, the GCC and Qatar cooking oil market is divided into Qatar and other GCC countries, such as Saudi Arabia, U.A.E, and Oman. The cooking oil market in Qatar is currently experiencing meager growth, with the arid region’s low population being the major restraining factor. Nevertheless, consumer spending in Qatar is likely to rise rapidly in the next few years, with the growth being centered on the food sector. The purchasing power of Qataris is higher compared to other GCC countries and coupled with the surge in healthy eating habits, the country is forecast to witness considerable growth in the cooking oil market.

    The cooking oil market in the rest of GCC has been experiencing steady growth and is expected to maintain a similar trend throughout the forecast period. The demand for several types of cooking oils is supported by the rising presence of expatriates from European countries such as Italy, Spain, and Greece. This trend is especially true for UAE, with Dubai being the most lucrative destination for market players.

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    The leading players operating in the GCC and Qatar cooking oil market include Savola Group, United Foods Company, Asia Africa General Trading L.L.C, Hayel Saeed Anam Group and Co., Omani Vegetables Oils and Derivatives Co. LLC, and Al Ghurair Resources Oils and Proteins.


  • IoT in Manufacturing Market - Current Industry Trends & Structure Analysis For 2024

    IoT in Manufacturing Market – Snapshot

    The emergence of advanced data analytics and data processing is anticipated to aid the growth of the global IoT in manufacturing market. Applications of IoT in manufacturing help gain insight into the performance and lifetime asset value of machines, enable greater control over the complex aspects of manufacturing operations, improve quality management and enterprise compliance, improve production yield rates, reduce carrying costs and out-of-stock inventory, accelerate inventory turns, enable predictive maintenance, collect and track throughout production, and provide real-time insights into manufacturing operations.

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    Growing adoption of innovative technologies and the increasing focus of key players on research and development activities are expected to fuel the growth of the market for IoT in the manufacturing sector. Furthermore, exposure of intelligent machine applications and the increasing need for agile production and operational efficiency are anticipated to assist the growth of the market. In addition, rise in regulatory compliances around the world is likely to help the IoT market in the manufacturing sector.

    The presence of a large number of manufacturing units and the rapid growth of the economy are expected to help the market grow with a significant rate in North America for the next few years. The key players are continuously developing IoT solutions to enable more effective and efficient procedures of manufacturing. Companies such as Microsoft Corporation, Rockwell Automation, Siemens AG, IBM Corporation, SAP SE, Zebra Technologies, Cisco Systems, Inc., Huawei, General Electric, PTC Incorporation, and Bosch Software Innovations GmbH are creating IoT solutions which can be applicable for a wide range of manufacturing procedures, further helping the global IoT in manufacturing market grow.

    Global IoT in Manufacturing Market: Overview

    The global market for IoT in manufacturing is projected to witness healthy growth in the next few years, thanks to the emergence of advanced data processing and data analytics. Additionally, a significant rise in the regulatory compliances is likely to supplement the growth of the overall market in the near future. According to the research study, this market is likely to register an impressive growth rate across the forecast period.

    Furthermore, the key factors that are responsible for accelerating the growth of the global IoT in manufacturing market have been highlighted in the scope of the research report. Moreover, the product segmentation, applications, technological developments, and the competitive scenario of the market have been included to offer a clear understanding of the overall market.

    Global IoT in Manufacturing Market: Drivers and Restraints

    The increasing demand for predictive maintenance and centralized monitoring of manufacturing infrastructure is one of the important factors predicted to augment the growth of the global IoT in manufacturing market in the near future. In addition, the rising need for operational efficiency and agile production and the emergence of intelligent machine applications are predicted to the accelerate the growth of the market in the coming years.

    On the contrary, several concerns related to data privacy and security and the lack of specific standards for interoperability and interconnectivity are projected to restrict the growth of the global IoT in manufacturing market in the forecast period. The inconsistency in business semantics and the rising conflicts concerning ownership of data are likely to hamper the growth of the market in the near future. Nonetheless, the increasing popularity of shared security and content maturity market are expected to offer promising growth opportunities for the market players.

    Global IoT in Manufacturing Market: Region-wise Outlook

    Among the key regional segments, North America is anticipated to witness a strong growth in the global IoT in manufacturing market. This region is expected to remain in the leading position throughout the forecast period and register a healthy growth rate. The rapid growth of the economy and the presence of a large number of manufacturing units in this region is expected to encourage the growth of the IoT in manufacturing market across North America in the near future.

    Furthermore, the increasing focus of key players on research and development activities and the emergence of innovative technologies is expected to fuel the growth of the market in the next few years. Moreover, the introduction of start-up culture and the advent of small and medium enterprises are some of the other factors estimated to accelerate the growth of the North America market in the next few years.

    Key Players Mentioned in the Research Report are:

    The global market for IoT in manufacturing is expected to grow at a progressive rate in the forecast period with a high level of competition. The rising number of players interested in participating in the global market is one of the major reasons encouraging stiff competition in the forecast period. With the rising focus on technological advancements and new product development, the leading players are anticipated to expand their product horizon and attain a leading position in the overall market.

    Browse Report@ https://www.transparencymarketresearch.com/iot-in-manufacturing-market.html

    Furthermore, the research study has provided a detailed overview of the competitive landscape of the global IoT in manufacturing market. Some of the key players operating in the market are Bosch Software Innovations GmbH, PTC Incorporation, General Electric, Huawei, Cisco Systems, Inc., Zebra Technologies, SAP SE, IBM Corporation, Siemens AG, Rockwell Automation, and Microsoft Corporation. Detailed profiles of these players have been included in the scope of the research report in order to guide the new as well as existing players to make effective and appropriate business decisions in the next few years.


  • IoT in Manufacturing Market - Current Industry Trends & Structure Analysis For 2024

    <p><strong>IoT in Manufacturing Market – Snapshot</strong></p>
    <p>The emergence of advanced data analytics and data processing is anticipated to aid the growth of the global IoT in manufacturing market. Applications of IoT in manufacturing help gain insight into the performance and lifetime asset value of machines, enable greater control over the complex aspects of manufacturing operations, improve quality management and enterprise compliance, improve production yield rates, reduce carrying costs and out-of-stock inventory, accelerate inventory turns, enable predictive maintenance, collect and track throughout production, and provide real-time insights into manufacturing operations.</p>
    <p><strong>Download Brochure@ <a href="https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19478">https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19478</a></strong></p>
    <p>Growing adoption of innovative technologies and the increasing focus of key players on research and development activities are expected to fuel the growth of the market for IoT in the manufacturing sector. Furthermore, exposure of intelligent machine applications and the increasing need for agile production and operational efficiency are anticipated to assist the growth of the market. In addition, rise in regulatory compliances around the world is likely to help the IoT market in the manufacturing sector.</p>
    <p>The presence of a large number of manufacturing units and the rapid growth of the economy are expected to help the market grow with a significant rate in North America for the next few years. The key players are continuously developing IoT solutions to enable more effective and efficient procedures of manufacturing. Companies such as Microsoft Corporation, Rockwell Automation, Siemens AG, IBM Corporation, SAP SE, Zebra Technologies, Cisco Systems, Inc., Huawei, General Electric, PTC Incorporation, and Bosch Software Innovations GmbH are creating IoT solutions which can be applicable for a wide range of manufacturing procedures, further helping the global IoT in manufacturing market grow.</p>
    <p><strong>Global IoT in Manufacturing Market: Overview</strong></p>
    <p>The global market for IoT in manufacturing is projected to witness healthy growth in the next few years, thanks to the emergence of advanced data processing and data analytics. Additionally, a significant rise in the regulatory compliances is likely to supplement the growth of the overall market in the near future. According to the research study, this market is likely to register an impressive growth rate across the forecast period.</p>
    <p>Furthermore, the key factors that are responsible for accelerating the growth of the global IoT in manufacturing market have been highlighted in the scope of the research report. Moreover, the product segmentation, applications, technological developments, and the competitive scenario of the market have been included to offer a clear understanding of the overall market.</p>
    <p><strong>Global IoT in Manufacturing Market: Drivers and Restraints</strong></p>
    <p>The increasing demand for predictive maintenance and centralized monitoring of manufacturing infrastructure is one of the important factors predicted to augment the growth of the global IoT in manufacturing market in the near future. In addition, the rising need for operational efficiency and agile production and the emergence of intelligent machine applications are predicted to the accelerate the growth of the market in the coming years.</p>
    <p>On the contrary, several concerns related to data privacy and security and the lack of specific standards for interoperability and interconnectivity are projected to restrict the growth of the global IoT in manufacturing market in the forecast period. The inconsistency in business semantics and the rising conflicts concerning ownership of data are likely to hamper the growth of the market in the near future. Nonetheless, the increasing popularity of shared security and content maturity market are expected to offer promising growth opportunities for the market players.</p>
    <p><strong>Global IoT in Manufacturing Market: Region-wise Outlook</strong></p>
    <p>Among the key regional segments, North America is anticipated to witness a strong growth in the global IoT in manufacturing market. This region is expected to remain in the leading position throughout the forecast period and register a healthy growth rate. The rapid growth of the economy and the presence of a large number of manufacturing units in this region is expected to encourage the growth of the IoT in manufacturing market across North America in the near future.</p>
    <p>Furthermore, the increasing focus of key players on research and development activities and the emergence of innovative technologies is expected to fuel the growth of the market in the next few years. Moreover, the introduction of start-up culture and the advent of small and medium enterprises are some of the other factors estimated to accelerate the growth of the North America market in the next few years.</p>
    <p><strong>Key Players Mentioned in the Research Report are: </strong></p>
    <p>The global market for IoT in manufacturing is expected to grow at a progressive rate in the forecast period with a high level of competition. The rising number of players interested in participating in the global market is one of the major reasons encouraging stiff competition in the forecast period. With the rising focus on technological advancements and new product development, the leading players are anticipated to expand their product horizon and attain a leading position in the overall market.</p>
    <p><strong>Browse Report@ <a href="https://www.transparencymarketresearch.com/iot-in-manufacturing-market.html">https://www.transparencymarketresearch.com/iot-in-manufacturing-market.html</a></strong></p>
    <p>Furthermore, the research study has provided a detailed overview of the competitive landscape of the global IoT in manufacturing market. Some of the key players operating in the market are Bosch Software Innovations GmbH, PTC Incorporation, General Electric, Huawei, Cisco Systems, Inc., Zebra Technologies, SAP SE, IBM Corporation, Siemens AG, Rockwell Automation, and Microsoft Corporation. Detailed profiles of these players have been included in the scope of the research report in order to guide the new as well as existing players to make effective and appropriate business decisions in the next few years.</p>


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