he global propylene oxide market has been expected to grow at the CAGR of 3.6% during 2016-2022. Growing use of polyurethane across the broad spectrum of automotive, construction, furniture, packaging and footwear industries are majorly driving the global propylene oxide market. Propylene oxide is a small-volume differentiated petrochemical which is used to manufacture polyether polyols for urethanes, propylene glycols, glycol ethers, and polyalkylene glycols for a variety of chemical intermediates and functional fluids. It is produced by the dehydrochlorination of propylene chlorohydrin or by oxidation of propylene to propylene oxide by an organic hydro peroxide.
The global glucaric acid market is expected to grow at a CAGR of 9.1 % during 2016-2022.Volatile petrochemical and crude oil prices are anticipated to create significant demand for bio-based supplements. The glucaric acid is a bio-based sugar derivative that can be produced in a single step from abundant and inexpensive glucose, and holds great potential usage as a building block, as well as end use chemical. The U.S. Department of Energy identified the acid among top twelve building block renewable chemicals, which is anticipated to attract profitable demand in the end-use industries such ascosmetics, chemical processing, and water treatment.
The global functional food market is expected to grow at a CAGR of 7.1% during 2016-2022, and the revenue is estimated to grow around $2,868 million during the forecast period.
The global fluid catalytic cracking market is poised to grow at a healthy CAGR of 3.6% during 2016-2022. Various reasons for growth of fluid catalytic cracking market are improving fuel standards, growing demand for “clean” fuel and increasing operational efficiency.
The global 3D gaming console market is poised to grow at a significant CAGR of 14.2% during 2016-2022. Various reasons for growth of 3D gaming consoles market are superior technology like stereoscopic images which improves the experience of the gameplay, aggressive marketing by developers and increasing consumer need for sophisticated gaming experience. It is expected that stereoscopic 3D gaming will replace 2D gaming in the coming years.
The global level transmitters market has been expected to grow at the CAGR of 4.3% during 2016-2022.The growing need for reliable and accurate continuous level measurement is the key factor driving the global level transmitters market. Moreover, increasing demand for wireless level instrumentations is also contributing significantly towards the growth of level transmitters market. Wireless level instrumentation offers wide range of offshore applications. In oil and gas industry, wireless level measurement results in improving inventory management. Due to the usage of wireless level transmitters, the users can now prevent overfilling of the tank as well as results in eliminating the risk of spills.
The multi-channel analytics is a process used by business organizations in which they collect data from multiple channels or sources and then link the data together to perform analysis. The analyzed information is further used by the business managersto take decisions related to strategic execution and planning of the same. Multichannel analytics helps the business organizations to increase the overall operational efficiency in understanding the behavior of the customer.
The global healthcare mobility solutions market has been expected to grow at the CAGR of 30.6 % during 2016-2022 and it has been expected to reach $91147 million till 2022 in terms of revenue.Nowadays, mobility has evolved as a main technology in the healthcare sector, as it has helped the medical community to accept a patient centered approach, by decreasingthe healthcare expenses and the implications of deficiency of healthcare experts as well as of nursing.
The global care management solution market has been expected to grow at the CAGR of 17.8% market during 2016-2022. The global care management solutions market has been projected to reach $16 billion in terms of revenue by 2022 from $6.93 billion in 2016 .The major factors driving the market are high involvement of government and initiatives to promote patient-centric care, increasing geriatric population and cases of chronic diseases, care management solutions helps to reduce healthcare costs, increasing medical tourism sector, advancement in information technology, big data capabilities and so on. The rising geriatricpopulationis one of the key driver for the market.
The global internet of things in utility market has been expected to grow at the CAGR of 19.8% for the forecasted period 2016-2022 and reach $311.31 billion in terms of revenue by 2022. The growth is attributed to rising demand of big data and internet of things and rising focus on energy efficiency to conserve energy and reduce cost. IoT has been the reason for significant changes in the utility industry.
Conventionally, 2D cell culture have being used regularly in laboratories across the world. However, 2D cell culture has become primitive and are not able to replicate the exact in vivo environment. With advent of technology 3D cell culture model is able to exhibit similar environment close to the complex in vivo conditions. 3D cell culture is the assembly of living cell in three dimensional structure resembling particular tissue and organ microarchitecture. 3D cell culture can be made using scaffold or scaffold-free methods. 3D Cell culture model have wide range of applications ranging from tissue engineering to drug development, discovery and screening.
The global vendor neutral archive (VNA) & PACS market has been expected to grow at the CAGR of 7.2 % during 2016-2022 and is expected to reach $5700 million in terms of revenue till 2022.The vendor neutral archives (VNAs) are information technology platforms that allow long-term, single, standard-based and centralized storage of medical imaging studies and other patient data from multiple vendor PACS. On the other hand, picture archiving and communication system function as tools that directly connect to different imaging modalities in a facility by obtaining images from them.
Water wastage due to leakages and illegitimate tapping has been major reasons for water scarcity in several countries. The use of smart water meters help utilities to easily detect leaks by minimizing the element of human error into readings, thereby reducing water losses considerably. Along with the improving awareness regarding the benefits offered, the installation of smart water meters technology is also becoming easier for utilities that previously were hesitant in investing in smart technology.
The gical lobal specialty oilfield chemmarket has been expected to grow at the CAGR of 6.4 % during 2016-2022 and is expected to reach $12700 million till 2022.The industries are promoting efficient well-site operations that permits maximum recovery of oil and gas reserves in a cost effective manner. Moreover achieving greater oilfieldefficiency and productivity ensuresleast wastage and also it lower down the impact on the environment.
The global healthcare EDI market has been expected to grow at the CAGR of 12.7 % during 2016-2022 and is expected to reach $3150 million till 2022.Electronic Data Interchange (EDI), is an advanced electronic communication technology that offers exchange data standards, for exchange of data into any kind of electronic technology.The EDI or Electronic data exchange permits interchange of important data between two or more companies, situated in different countries, by application of assured standards of EDI.EDI can be defined as, exchange of data, by using encoded message terms and standards, from one computer device to another, without any human or mechanical interference.
The Global contactless payment market has been expected to grow at the CAGR of 23.8% during 2016-2022 and has been expected to reach to $18210 million till 2022 in terms of revenue. Contactless payment allows payment of the transaction without any physical connection between the point-of-sales terminal and consumer payment device. Mobile phone payments, cards, key fobs, and stickers are some of the methods that involve contactless payments.
The global casino management system market has been expected to grow at the CAGR of 16.7 % during 2016-2022 and also it has been expected to reach to $6440 million till 2022 in terms of revenue. Casinos are not only meant for gamblers now-a-days but it has been transforming into place facilitating amusement for everyone by means of table games, hotels, slots, restaurants, spas, and many more services, and so each person visiting casinos have their specific purposes.
The global Specialty Commercial Vehicles Market is expected to grow at the CAGR of 4.1% during 2016-2022. Globally specialty commercial vehicles market generated more than $67.6 billion in 2015 and is projected to generate $87.2 billion by 2022. The key drivers which help to increase the market of specialty commercial vehicles are government spending on infrastructure projects, increasing connectivity and mounting cost pressure in the transportation business, Domestic demand expansion and exploitation of resources, Progressing connectivity in rural areas.
he global operational predictive maintenance market is expected to grow at the CAGR of 26.6% for the forecast period 2016-2022 and become a $3035 million market by 2022. The growth is attributed to rising demand of big data and Internet of Things and rising focus on operational efficiency to reduce operational cost. In operational predictive maintenance data from multiple data sources is retrieved in real time to predict various patterns regarding quality, assets and production. Adoption of these software and solutions by organizations enables them reduce maintenance cost, increase operational efficiency and prevent unplanned downtime.
The Global Enterprise Content Management Market is anticipated to grow at a CAGR of 19.6 % for the forecasted period of 2016-2022. Enterprise content management is a process of accurately integrating, defining, storing, sourcing and effectively reconciling and retrieving massive amounts of organizations’ documents and helping the organization by making the right document available at the right time. It comprises strategies, tools and methods used throughout the lifecycle of the content. It is a vital part of the business as most of the strategic decisions rely on enterprise content produced and stored inside the organization.