Market Procurement Intelligence Analysis Report

Procurement Outlook Fiber reinforced plastics is a composite material that is made of polymers. These polymers are supported with fibers for additional strength. The primary use of fiber reinforced plastics is to construct structures that require additional resistance under stress to prevent deformation. Additionally, it also prevents corrosion. As such, fiber reinforced plastics find their usage in industries like aerospace, construction, and marine. Fiber reinforced plastics are mostly used for specialized applications for which the strength of material needs to be customized as per customer requirements. The industry operates mostly on a value-based pricing scheme with the degree of customization and requirement leading to the price of the product. Read report summary or request a free sample copy of the report “ https://www.grandviewresearch.com/pipeline/fiber-reinforced-plastics-market-procurement-intelligence-report/add-on ”   Demand Outlook The global market for fiber reinfo...

Procurement Outlook Food & Beverage ERP solution plays an important role in catering to customer needs and increase profitability in uncertain market conditions. The key benefits of implementing ERP solutions are regulatory compliance, product traceability, and quality control which helps in forecasting, planning, inventory management, and increasing efficiency in logistics. An efficient ERP solution should provide the following functionalities: ·         End-to-end management : The functionality helps in organizing data by ensuring data integrity, production management, and quality checks. ·         Centralized database with real-time data reporting : Installing a centralized database can help the F&B company in recording institutional history, hence users can run reports and analyze production trends within the software solution ·         Data Security : Implementing a solu...

 Global Consumer Drone Market is estimated to grow significantly in the forecast period owing to the increasing number of consumers encompassing the defense and entertainment sector. Consumer drones or UAVs are effectively navigated without a pilot on board the vehicle. They come in wide range of sizes and are extensively used for defense and entertainment purposes. Usually covering large areas like geographical surveys or wildlife poaching, consumer drones are paving the way for market growth. Consumer drones market is majorly driven by integration of artificial intelligence and advanced machine learning algorithm. Moreover, increase in demand for UAVs stimulates the existing market players to use technologies such as geo-fencing and collision detection technology. These modernizations improve security, which makes the systems ideal for recreational and non-recreational uses. They also comply with the aviation authorities coupled with government initiatives and growing awareness a...

 The global Conductive Silicone Rubber Market size is expected to value at USD 6.85 billion by 2022. The market is subject to witness a substantial growth due to the growing demand for various application such as lighting and electrical wiring applications. Additionally, increasing adoption of conductive silicone rubber for anti-static packaging to limit dust accumulation during electric charge is anticipated to boost the market growth over next seven years. Growing number of application in automotive sector coupled with increasing demand from Asia Pacific region are expected to drive the growth of conductive silicone rubber industry in the upcoming years. Globally, the conductive silicone rubber market is predicted to grow at CAGR of 7.1% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Other factors that are responsible for sustained growth of conductive silicone rubber industry include shifting tren...

 Global Augmented Reality (AR) Market witnesses a rise in CAGR during the forecast period. Augmented reality is a new technology that comprises represents a pictorial representation of computer graphics. AR is also termed as mixed reality that refers to multiple spectrum of virtual reality, telepresence and other technologies. Virtual reality is a broad term used for computer generated 3D environment that enables a user to interact with artificial elements. At present, AR is considered as a technology encompassing virtual reality and telepresence. Under VR the environment is completely synthetic whereas in telepresence, the depiction is completely real and in AR, the real world is augmented with virtual things. The key drivers for augmented reality market entail increase in healthcare devices and e-commerce. Rise in investment in the AR market along with proliferation of devices in the gaming and entertainment market contributes to the market enlargement. Technological advances and...

 Global Graphene Nanoplatelets Market is expected to reach USD 206.0 million by 2025. Graphene Nanoplatelets are also termed as GNPs that comprise small stacks of graphene which can replace nano-clays, carbon fiber, carbon nanotubes, and others mainly in composite applications. The average thickness of platelets is 5 to 10 nanometers that can vary in size up to 50 microns. Due to their unique morphology and size, enhanced mechanical properties and advanced barrier properties can be achieved. The Graphene Nanoplatelets Market is estimated to grow at a significant CAGR of 37.6% over the future period as the scope and its applications are rising enormously across the globe. Rising demand from energy & power and aerospace verticals, high demand from consumers for eco-friendly, effective, strong, and lightweight products, and rising use as a filler in polymer matrices are documented as major factors of Graphene Nanoplatelets industry that are estimated to enhance the growth in the y...

 The global plate and frame heat exchanger market size was estimated at USD 3.35 billion in 2014 and is projected to reach USD 5.99 billion by 2022. It is expected to experience a significant growth over the forecast period. This can be attributed to growing use in applications such as commercial, industrial and engineering sectors in addition to rising product utilization, especially in residential & commercial HVAC, automotive segments. The industry is identified by growing emphasis on enhanced efficiency standards together with technological improvements and new developments. These factors are expected to reduce total ownership expenses and improve durability & efficiency levels of heat exchangers over the next eight years. Need for power generation coupled with infrastructural expansions in the energy sector is expected to serve the growth over the next seven years. Plate and frame heat exchanger industry is identified by a regular procurement of raw material supplies s...

Industry Insights The global professional service automation (PSA) software market size was valued at USD 6.65 billion in 2015 and is expected to reach USD 14.39 billion by 2024. PSA solutions are used for refining operational visibility and process efficiency in services and project-driven organizations. The PSA market is projected to witness huge demand on account of changing the business model of enterprises over the forecast period. Essential functions of PSA software characteristically comprises automated time & billing, project management capabilities, and resource management. These systems additionally provide powerful and consistent dashboards and reports offering management the crucial information they require making informed decisions. Some of the other advantages of PSA systems include project usefulness, better client satisfaction, enhanced estimating capability, as well as reduced revenue leakage. All the aforementioned advantages of PSA software are expected to boost ...

 The global Passive Fire Protection Market is projected to witness a higher CAGR during the forecast period. Fire protection solution for any building irrespective of its design and purpose, has been of a unified nature. However, the combinations may vary, but it still plays an essential role in stability and integrity of the building in any course of incident such as fire. The drivers for passive fire protection market include increase in investment for automation and digitization combined with rising use of passive fire protection for warehousing applications. Subsequently, increase in use of product innovation in shipbuilding and automotive is anticipated to drive the demand in western countries. In addition, rising investment for oil & gas firms in oil exploration technologies comprising hydraulic fracturing and horizontal drilling is anticipated to drive the market demand. Product segmentation for passive fire protection market includes intumescent coating, fireproof cladd...