Market Procurement Intelligence Analysis Report

 The global Flywheel Energy Storage Market is anticipated to reach USD 477.8 million during the forecast period. Energy storage systems (ESS) enables a means of enhancing the competency level of electrical systems in cases of imbalance between demand and supply. Fundamentally, they are the vital elements to enhance the permanence and quality in electrical networks. Flywheels have a high life, durability and augmented efficiency and readily stores loads of energies when aligned with storage banks. Commercially, with the rise in issues pertaining to energy crisis, flywheel energy storages have gained a positive traction. The flywheel energy storage market is driven by rising industrialization and inclination towards eco-friendly sources of energy. Flywheel offers excellent properties such as low costs for maintenance and is an eco-friendly alternative. Rising demand for uninterrupted power supply and backup supplies is likely to boost up the market growth in the forecast period. Surg...

The global Image Sensor Market size is expected to value at USD 26.41 billion by 2024. The market is subject to witness a substantial growth due to the growing demand for the miniature pixel devices offering superior resolution and cost efficiency. The image sensors are adopted to limit the natural light degradation and offer enhanced image quality. Standard quality images can only be achieved by reducing pixel size. Globally, the image sensor industry is predicted to display higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the image sensor technology. The recent technological advancement in electrical & electronic industry coupled with development of novel technologies & products such as flat panel detectors and CCD technology are expected to stimulate the growth of image sensor market in the upcoming years. Increasing demand form automotive industry for image sensors is predicted to boost market g...

 The global Business Process Management (BPM) Market is estimated to develop at a substantial CAGR for the duration of the prediction. It is a chastisement of process management. It is devoted in the direction of refining business routine by way of enhancing, handling, and continuing with company’s commercial procedures. It encompasses actions together with proposal, demonstration, computerization, implementation, optimization of procedure, extent, govern, and others to back the objectives of the business. The international market is estimated to record considerable progress in the nearby future; thanks to necessity for the computerization of the procedure & enhanced productivity, necessity of strict rules of the government & policies, and increase in Return on Investments [RoI] for administrations. Additionally, improvements in Big Data offering and cloud computing have improved the effectiveness in the software and augmented IT spending; which is likely to propose clear d...

Global Genotyping Market is expected to reach USD 37.1 billion by 2024. Genotyping is termed as a technology that detects small genetic differences, which may lead to a major change in phenotype. It is exclusively used across basic scientific research, agriculture, and medicine. It examines differences in genetic complement by comparing DNA sequence to a sample sequence. It recognizes small variations in genetic sequence within populations like SNPs. The Genotyping Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe. Growing availability of several types of products, decreasing cost of DNA sequencing, rising awareness and occurrence of genetic diseases, increasing use of plant and animal livestock for genetic analysis, and growing demand for pharmacogenomics in drug discovery & development are documented as major factors of Genotyping Market that are estimated to enhance the growth in th...

 Global Fondaparinux Market is expected to reach USD 686.3 billion by 2024. Fondaparinux is also termed as Fondaparinux sodium or Natural heparin pentasaccharide is an anticoagulant medication chemically related to low molecular weight heparins. Its trade name is Arixtra. Its molecular formula is C31H53N3O49S8 and molecular weight is 1508.217 g/mol. Factor Xa inhibits its activity and interrupts the blood coagulation cascade by stopping thrombus development and thrombin formation. It is a synthetic glucopyranoside with antithrombotic activity. The Fondaparinux Market is estimated to grow at a significant CAGR of 7.8% over the forecast period as the scope and its applications are rising enormously across the globe. Growing number of hip and knee surgeries, mounting cooperation between major players for securing the intellectual property rights (IPRs), growing aging population and diseases like orthopedic conditions and heart infections are documented as major factors of Fondaparinux...

 Europe Medical Plastic Market is expected to reach USD 4.84 billion by 2024. Plastic is termed as a material, which is a part of synthetic solids, or semi-synthetic solids, which are used in producing industrial products. Medical plastic makes the procedure simpler and patients safer. It is used in manufacturing of several medical devices and equipment’s from diagnostic wants to MRI machines as well as surgical and medical tubing. The Europe Medical Plastic Market is estimated to grow at a significant CAGR of 5% over the forecast period as the scope and its applications are rising enormously across the globe. Rising demand for medical plastic applications like surgical instruments, implants, and others, growing government initiative to support medical industry in the region, increasing R&D expenditure, and high demand for healthcare facilities and services are documented as major factors of Europe Medical Plastic Market that are estimated to enhance the growth in the years to ...

 Global Structural Adhesives Market is estimated to reach USD 23.42 billion by 2022 owing to the growth in automation in developing economies like Brazil, Mexico, China and India. Structural adhesives are the material used to produce a load bearing joint. They are especially used for engineering applications, where joints typically have greater lap shear strengths. Structural adhesives are used in wide range of assembly operations. They do not require drilling holes, or need the heat distortion, but can join disparate without galvanic corrosion. In addition to this, they are responsive to different geometrics, do not need refinishing steps or leave protrusions and give aesthetic appearance. Structural adhesives play an important role in the movement of composite materials which enable significant weight reduction and better stiffness as compared to the metals. In comparison to the composites, which are not responsive to solvent welding and where drilling can damage components, stru...

 Global Managed Security Services Market is expected to reach USD 60.94 billion by 2024. Managed Security Services (MSS) is termed as a systematic method to manage an administrations security needs. The services may be held outsourced or in house to a service provider that supervises other companies' information and network system security. Its functions comprise of responding to emergencies, round-the-clock monitoring and management of intrusion detection systems and firewalls, performing security assessments and security audits, and overseeing patch management and upgrades. The managed security services market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe. Growing occurrence of cyber-attacks on IT infrastructure, strict government policy, and rising BYOD trends among organizations are documented as major factors of Managed Security Services Market that are estimated to enhance the growt...

 Global Long Term Care Market is projected to witness an upward trend during the forecast period. Long term care facilities are an inseparable part of healthcare system in developed and developing countries. Under developed regions, those suffering from chronic illness and aging, normally demand long term care facilities. Services such as sanitation, medical care, and nutrition are on the rise in developing countries. Long term care market is driven by factors such as increase in geriatric population, prevalence of chronic diseases, and rise in importance of long term care services. In addition, extensive government support in developed countries and various programmes conducted by NGO’s are likely to stimulate the market growth in the forecast period. Change in lifestyle and increase in population are expected to stimulate the market in the forecast period. However, functional issues and service limitations are some factors that may hinder the market growth during the forecast per...

 Global Food Additives Market is anticipated to grow in the forecast period. Food additives facilitate the mass production of flavored, safe, visually appealing beverages and beverages and nutrition. Although additives make up only a small amount of the finished product (from parts per million to 1–2% by weight), they have a foremost outcome on the taste, color, texture, visual appearance, mouthfeel, and shelf life of prepared foods. The factors that propel the growth of the Food Additives industry include changing lifestyles of customers and growing consciousness regarding nutritional food. On the other hand, there are factors that may hamper the growth of the market including strict governing environment and problems arising owing to additives, such as allergies. The industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Food Additives Market may be explored by technology, by ...

 The global Erectile Dysfunction Drugs Market size is expected to value at USD 3.2 billion by 2022. The market is subject to witness a substantial growth due to the rising health awareness among general population and increase in initiatives undertaken by local governments and private bodies to promote use of erectile dysfunction drugs. Growing education levels about use of these products coupled with rising geriatric population base across the globe is predicted to drive the growth of erectile dysfunction drugs industry over the forecast period. Changing food habits and adoption of sedentary lifestyle has led to prevalence of lifestyle diseases, thus propelling the demand for erectile dysfunction drugs in the market. Development of various molecule combinations and drug delivery techniques like creams and pellets to achieve higher efficacy and performance are predicted to fuel market demand for the erectile dysfunction drugs, in the upcoming period. Globally, the erectile dysfunct...

The global electric water heaters market size is expected to value at USD 29.32 billion by 2022. The market is subject to witness a substantial growth due to the growing number of residential housing projects across the globe. Factors responsible for the robust growth of electric water heaters industry, in the recent years, include increasing popularity of tank less water heaters and rising per capita income in both developed and developing economies worldwide. The electric water heaters offer advantages such as better energy efficiency, environment-friendly capabilities and advanced temperature control for long duration of time. These factors are predicted to fuel the market demand for electric water heaters in the upcoming period. Globally, electric water heaters market is predicted to grow at CAGR of 6.9% in forecast period, providing numerous opportunities for market players to invest in research and development of these products. The electric water heater is capable of performing ...

 The global construction adhesive market size is anticipated to value at USD 14.04 billion by 2025, during the forecast period. The market is subject to showcase a substantial growth due to the rising adoption of construction adhesive during construction of commercial and residential building and apartments. Some of the critical factors responsible for propelling growth of the construction adhesive market are growing demand in a wide range of construction materials and infrastructure development activities. Other factors such as rising investment by industry leaders for the development of the construction adhesives to reduce cost associated with manufacturing are spurring growth of the market over the forecast period. Application of the construction adhesives involves roofing, water-proofing, floor covering, lining, cladding, and fencing among others. Substantial growth of the construction sector majorly in the developing economies is one of the key factors for sustained growth of ...

 The global Caprolactam Market is estimated to touch US$ 15.74 billion by the completion of the prediction period. Growing necessity for nylon 6 resins and fibers, because of the increasing electronics manufacturing in China, has given rise to a substantial escalation in demand for the product above the previous a small number of years. The growth in the manufacture of electronics & electrical and automobile subdivisions is predicted to be the most important motivators for the business above the period of prediction. The Caprolactam Market expected to develop by a CAGR of 5.2% for the duration of the prediction. Progress of the automobile manufacturing, mainly in developing markets of India, China and Brazil, together with growing per head earnings of customers, is estimated to expand demand for engineering plastics. Progress of the textiles manufacturing is likewise expected to upshot in greater product demand above the prediction years. Nylon 6 is active in many uses comprisi...

 Global Aircraft Seat Actuation Systems Market is anticipated to reach USD 656.9 million by 2024. The installation of aircraft seat actuation systems has significantly improved in the recent years in response to the increase in air travel. It offers comfortable seating for the passengers in private as well as in commercial aircrafts. Aircraft seat actuation systems allow the passenger to change their seating position according to their convenience. Aircraft Seat Actuation System is one of the important components of aircraft cabins. Hence, the demand for Aircraft Seat Actuation Systems is increasing worldwide. The factors that propel the development of the Aircraft Seat Actuation Systems industry include growing number of passenger rapid urbanization & industrialization, change in lifestyle, growing disposable income. On the other hand, there are factors that may hamper the growth of the market such as maintenance of aircrafts and their high cost. Aircraft Seat Actuation System...