Saturday, November 30, 2019

Agricultural Films Market and Its Key Opportunities and Challenges

Agricultural Films Market and Its Key Opportunities and Challenges
Browse 98 market data Tables and 47 Figures spread through 165 Pages and in-depth TOC on "Agricultural Films Market"
Agricultural Films Market by Type (LLDPE, LDPE, Reclaim, EVA, and HDPE), Application (Greenhouse Film (Classic Greenhouse, Macro Tunnel), Silage Film (Silage Stretch Wrap), and Mulch Film (Transparent or Clear Mulch))

The estimated growth of the global agricultural films market size was USD 7.5 billion in 2016 and is evaluated to reach USD 10.6 billion by 2022, at a CAGR is 5.9% from 2017 to 2022. In this report, 2016 was taken as the base year for calculating projected growth between 2017 and 2022. Increasing demand for environment-friendly LDPE products and modernization of technologies is the primary driving force behind the agricultural film market growth.

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With the modernization of production processes, the agricultural films market has increased significantly. The packaging industry is also employing newer methods to keep perishable goods fresh for more extended periods and transport them safely. Agricultural films have found applications in fields like greenhouse films, mulch films, and silage films.

Markets across the globe have a high demand for agricultural film-based products as it has a varied range of applications. Sectors like agriculture, dairy, food processing, and packaging are some of the biggest consumers of agricultural films. Greenhouse films are stronger than glass and are easy to set up. Also, it is suitable for makeshift structures.

Sustainable development has led to the adoption of several new methods and products. The use of plastic films in various stages of farming has resulted in higher productivity and efficiency. However, on an extensive scale application, toxic LDPE products adverse affect the surroundings. Agricultural films were developed for use in large-scale applications since it is an environmentally friendly product. It poses a negligible threat to the ecology. Nations across the globe are now adopting agriculture plastics for implementation in different sectors. This is augmenting the growth of the global agricultural films market.

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As the industries are gradually shifting towards a more eco-friendly alternative, waste management is also becoming easier. Mainly three types of agricultural films are produced silage film, mulch film, and greenhouse film. All three models are utilized for large scale applications. The thickness of these films is considered ideal for agricultural purposes. Greenhouse films are the only products with lesser demand due to its high price. Although they much lighter and safer when compared to regular components.

The world population is growing at a steady rate, which will, in turn, increase agricultural productivity. With agrarian growth, the demand for agricultural films is also going to increase. The dairy industry will be another major consumer of this product. 

Globally the agricultural films market is segmented into ethylene-vinyl acetate (EVA), linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), and other types. LLDPE is going likely to be the market leader in the upcoming years. It is of much superior quality with characteristics like moisture barrier, durability, light penetration, etc.

Countries in North America, Asia Pacific, the Middle East & Africa Europe, and South America are expected to become the largest agricultural films market. For a clear understanding of the competitive scenario, the report highlights some of the leading players in this industry such as Trioplast Industrier AB (Sweden), BASF (Germany), Group Armando Alvarez (Spain), Kuraray (Japan), The RKW Group (Germany), Coveris (U.S.) Berry Global (U.S.), Dow Chemical(U.S.), Ab Rani Plast Oy (Finland), and RPC Group (U.K.).

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  • Polyfilm Market
  • Antifog Additives Market
  • Transparent Conductive Films Market
  • Greenhouse Film Market
  • Industrial Films Market

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Shaving Foam Market is Predicted to Attain $578.76 Million By 2025: Grand View Research, Inc

Shaving Foam Market is Predicted to Attain $578.76 Million By 2025: Grand View Research, Inc
Grand View Research, Inc. - Market Research And Consulting.
According to report published by Grand View Research, The global shaving foam market size was valued at USD 437.42 million in 2018 and is expected to expand at a CAGR of 4.08% during the forecast period.

The global Shaving Foam Market size is expected to reach USD 578.76 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.08% during the forecast period. Rising consumer spending on men’s grooming products is anticipated to propel the growth. The product features such as reduced friction of the razor blade, ease of application, and additional nourishment and lubrication during shaving are anticipated to drive the product demand.

Increasing spending power of consumers from developing countries such as China and India is projected to positively influence the demand for personal care products including shaving foam. High penetration of leading brands such as Nivea and Gillette in Asia Pacific is expected to drive the market for shaving foam. Growing demand of organic shaving products due to reduced side effects is also anticipated to attract customers. Manufacturers concentrate on new product development to produce skin and environment friendly shaving foam products.

Introduction of new organic products for nourishing, rejuvenating, and hydrating the skin is anticipated to drive the product demand. The product eliminates concerns such as dryness and rashes after shaving, which in turn is projected to bode well for product demand. High demand for cosmetic products is expected to drive the Europe market in the forthcoming years. Moreover, the rise in the sales observed in the men’s grooming products is expected to further fuel the regional product demand.

Growing demand for shaving foam products in developing countries due to the impact of leading players such as Procter & Gamble Company and Biersedorf AG is anticipated to fuel the market growth. Rise product launches and mergers and acquisitions among other business strategies is anticipated to create avenues for the market in near future. The market is characterized by a few initiatives, such as, innovations, marketing advertisements and development endeavors by key players. For instance, In May 2019, Schick and Wilkinson razor brands of Procter and Gamble acquired the Harry’s Inc. - a manufacturer of razors, shaving creams, and body wash.

Shaving Foam Market

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Further key findings from the report suggest:

  • In terms of revenue, organic shaving foam product segment is projected to ascend at a CAGR of 5.73% over the forecast period of 2019 to 2025
  • Offline distribution channel held the leading market share of over 88% in 2018
  • Europe led the global shaving foam market in 2018 with a value share of 34.24%
  • Asia Pacific is anticipated to witness significant growth over the forecast period, owing to increasing disposable income in countries such as India, South Korea, China, and Japan

Shaving Foam Market Share 

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Grand View Research has segmented the global shaving foam market based on product, distribution channel, and region:

Shaving Foam Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Organic
  • Conventional

Shaving Foam Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Online
  • Offline

Shaving Foam Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

Browse Related Reports @

Beard Care Products Market: https://www.grandviewresearch.com/industry-analysis/beard-care-products-market

Protein Shampoo Market: https://www.grandviewresearch.com/industry-analysis/protein-shampoo-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Mexico Welding Consumables Market is Projected to Value $915.8 Million By 2025: Grand View Research, Inc

Mexico Welding Consumables Market is Projected to Value $915.8 Million By 2025: Grand View Research, Inc
Grand View Research, Inc. - Market Research And Consulting.
According to report published by Grand View Research, The Mexico welding consumables market size was estimated at USD 568.1 million in 2018 and is anticipated to witness a CAGR of 7.1% from 2019 to 2025.

The Mexico Welding Consumables Market size is anticipated to reach USD 915.8 million by 2025, expanding at a CAGR of 7.1%, according to a new report by Grand View Research Inc. Increasing demand for advanced welding technologies in high-end manufacturing applications is likely to have a positive impact on market. Moreover, an increasing number of construction projects in the country are expected to support the market growth.

Rapid innovations in the automotive and aerospace sectors are anticipated to introduce new products with improved durability and enhanced performance, thus are likely to boost the market. These products provide an ease in the welding mechanism, thus are popular in small and large scale welding applications. In 2018, the automotive and transportation application segment accounted for largest market share. The segment is anticipated to exhibit highest CAGR over the forecast period.

High-performance welding with smooth finishes and easy handling offered by these products are utilized widely for several welding technologies such as resistance, arc, oxy-fuel, and laser beam. These technologies are likely to witness significant growth owing to advantages like deep weld penetration and minimum weld area. The laser beam technology segment is expected to witness highest CAGR over the forecast period. The technology offers concentrated heat that can be used for narrow and deep welds.

Key participants in the industry are focusing on achieving optimum business growth by offering the welding consumables to the original equipment manufacturers in the country. The market is characterized by extensive competition, wherein, the players are offering consumables along with other products and technologies.

Mexico welding consumables market

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Further key findings from the report suggest:

  • The laser beam technology segment is anticipated to exhibit the fastest CAGR of 8.1% over the forecast period on account of high weld quality, less operational time, and substituting the use of electrodes
  • The automotive and transportation segment accounted for a share of 43.1% in 2018 on account of increasing related manufacturing operations in Mexico
  • The revenue for stick electrodes in the country stood at USD 202.4 million in 2018. Automotive applications are anticipated to propel the demand for stick electrodes
  • The building and construction application segment is likely to have a positive impact on theMexico welding consumables market owing to pipelined construction projects to be completed by 2025
  • The market is expected to register notable mergers and acquisitions such as The Lincoln Electric Company acquiring Air Liquide Welding Ltd., a subsidiary of Air Liquide, at a purchase price of USD 142.53 million.

Mexico welding consumables market size

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Grand View Research has segmented the Mexico welding consumables market on the basis of technology, product, and end use:

Mexico Welding Consumables Technology Outlook (Revenue, USD Million, 2014 - 2025)

  • Arc
  • Resistance
  • Oxy-Fuel
  • Laser Beam
  • Others

Mexico Welding Consumables Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Stick Electrodes
  • Solid Wires
  • Flux-Cored Wires
  • Saw Wires and Fluxes
  • Others

Mexico Welding Consumables End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • Automotive & Transportation
  • Building & Construction
  • Marine
  • Others

Browse Related Reports @

Electrical Steel Market: https://www.grandviewresearch.com/industry-analysis/electrical-steel-market

Investment Casting Market: https://www.grandviewresearch.com/industry-analysis/investment-castings-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Impacts of the Blockchain will be Gigantic on the Financial Industry Says Deltec Bank Bahamas

Impacts of the Blockchain will be Gigantic on the Financial Industry Says Deltec Bank Bahamas
Deltec Bank - Bahamas
According to Deltec Bank, Bahamas - "Blockchain technology uses distributed databases and cryptography for the purpose of recording transactions. These records are interlinked and part of a continually expanding system that acts as a decentralized ledger."

Says Deltec Bank Bahamas

The cryptocurrency Bitcoin brought blockchain technology into the spotlight.  Now, this technology is being utilized in many different industries.  This post will look specifically at how the blockchain movement is impacting the financial industry. 

What is Blockchain Technology?

According to Deltec Bank, Bahamas- “Blockchain technology uses distributed databases and cryptography for the purpose of recording transactions.  These records are interlinked and part of a continually expanding system that acts as a decentralized ledger.”

Don and Alex Tapscott, authors of Blockchain Revolution, describe the technology as “an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”

Because there is no central authority and the ledger must be shared, the blockchain network is more transparent.  Everyone who is part of the network must act responsibly, which greatly increases its security. Any nefarious actions would be spotted and halted. 

How the Blockchain Movement is Affecting Banking

Blockchain technology has the potential to disrupt the banking system as we currently know it.  Created for cryptocurrencies, blockchain will very likely replace traditional systems used for carrying out financial transactions.

Banks are starting to realize that changes to the payment system are imminent. These banks fear that avoiding the use of blockchain technology would end their existence. Thus, the need to embrace the blockchain movement has become apparent.

According to Hackernoon, some banks are already implementing the technology.  A few examples include:

  • The Bank of New York Mellon’s use of blockchain technology to accelerate the bond settlement process.
  • Banco Santander taking advantage of blockchain for its ability to facilitate immediate cross-border transactions.

Banks that follow these examples and find ways to implement blockchain technology into their own systems will be ready to face the upcoming changes in the financial industry.

How the Blockchain Movement Impacts Banks

The blockchain movement is going to revolutionize banking.  Here is a little sneak peek that will help you know what to expect.

Increased Security

Greater transparency leads to greater security.  In addition, faster transactions do not provide enough time for invaders to interfere with those transactions.

Decreased Expenses

According to Asia Blockchain Review, this technology will save banks about, “$15-20 billion in infrastructure cost alone by 2022.” This reduction in cost is due in part to smart contracts that result in fewer interactions with go-betweens.

Quicker Transactions

Instead of the typical 1-3 days required to verify and complete traditional transfers, blockchain technology expedites the process so that transfers can be verified in a matter of minutes. This will increase customer satisfaction with banking services. 

Better Data

Current banking systems allow data to reside in multiple locations. That information can be altered in one or more of the institutions where the data is being stored.  This may result in outdated information.

Blockchain technology provides a solution.  Stored data can only be obtained and modified when certain rules have been followed, maintaining the integrity of the data.

It is obvious that the blockchain movement will have a major impact on banks, which is why innovative banks are preparing for the future right now. 

These banks are implementing blockchain technology in order to survive the upcoming changes in the financial industry.  It will also help them to stand out from competitors and increase consumer satisfaction.

Disclaimer:  The author of this text, Robin Trehan, has an Undergraduate degree in economics, Masters in international business and finance and MBA in electronic business. Trehan is Senior VP at Deltec International www.deltecbank.com. The views, thoughts, and opinions expressed in this text are solely the views of the author, and not necessarily reflecting the views of Deltec International Group, its subsidiaries and/or employees.

About Deltec Bank

Headquartered in The Bahamas, Deltec is an independent financial services group that delivers bespoke solutions to meet clients’ unique needs. The Deltec group of companies includes Deltec Bank & Trust Limited, Deltec Fund Services Limited, and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management.

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Drug Delivery Across Blood Brain Barrier Market Poised to Surge Billion By 2026: Grand View Research, Inc

Drug Delivery Across Blood Brain Barrier Market Poised to Surge Billion By 2026: Grand View Research, Inc
Grand View Research, Inc. - Market Research And Consulting.
According to report published by Grand View Research, The global drug delivery across blood brain barrier (BBB) market size was estimated at USD 582.0 million in 2018.

The global drug delivery across blood brain barrier market size is expected to reach USD 4.6 billion by 2026, according to a new report by Grand View Research, Inc. registering a CAGR of 30.2% over the forecast period. Growing research, innovation, and treatment development activities to overcome the challenges faced due to the natural blood brain barrier is majorly driving the market growth.

Growing prevalence of neurological diseases, such as Parkinson’s and Alzheimer’s disease is fueling the demand for novel drug delivery technology that allows medication to cross the blood brain barrier. Limited treatment options regarding blood-brain barrier has been a big hurdle till recently. However, the growing demand for treatment and the rise in innovations that allow for safe and reliable transmission of medication across the BBB is predicted to drive the market’s growth over the forecast period.

Among the recently developed technologies, increasing permeability of the BBB via ultrasound is the most promising one that has shown safe and effective application in treating various patients with brain cancer and other neurogenetical disorders. Other novel technologies such as in-vitro BBB modeling/engineering is being used for producing a faster, reliable, and cost-effective drug delivery mechanism for overcoming the complexities of BBB.

Increasing use of engineered antibiotics are being tested as a technique for delivering cures for severe brain disorders, such as Alzheimer’s and Hunter’s disease. Such antibiotics are expected to greatly increase the convenience of treatment, in addition to the increased effectivity.

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/drug-delivery-across-blood-brain-barrier-market

U.S. Drug Delivery across Blood Brain Barrier Market Size, By Drug Delivery Technology, 2016 - 2026 (USD million)

Key Takeaways from the report:

  • Based on the drug delivery technology, increasing permeability of BBB segment registered significant share of the drug delivery across blood brain barrier market owing to successful ultrasound device technology that have been deemed effective in providing therapies for treating brain disorders
  • Trojan horse approach segment is expected to lead the market soon, since engineered antibodies have been observed to provide reliable and safe medical treatment for various cancer, immunity, and genetic disorder’s treatment
  • Based on application, Parkinson’s disorder segment held maximum share in the market in 2018 owing to increased incidences of the targeted disorder among the growing geriatric population worldwide. Many major economies in EU and Asia are expected to significantly observe a growth in geriatric population by 2050.
  • Asia Pacific is anticipated to lead this market over the forecast period owing to rising geriatric population that may be prone to brain disorders and opportunity for the industry players due to medical tourism in the region. However, by revenue, North America shall continue to be the largest market due to the high cost of healthcare treatment.
  • Some of the players profiled in drug delivery across blood brain barrier market include Ossianix, Inc., Insightec, Angiochem Inc., Armagen Technologies, Inc., BrainsGate, BiOasis Technologies, Inc., CarThera, F. Hoffman La-Roche, and Iproteos S.L.

Global Drug Delivery Across Blood Brain Barrier Market Size, By Application, 2018 (%)

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Grand View Research has segmented the global drug delivery across blood brain barrier market based on drug delivery technology, application, and region:

Drug Delivery Across Blood Brain Barrier Drug Delivery Technology Outlook (Revenue, USD Million, 2016 - 2026)

  • Trojan Horse Approach
  • Bispecific Antibody RMT Approach
  • Increasing the Permeability of BBB
  • Passive Diffusion
  • Other Non-Invasive BBB Technologies

Drug Delivery Across Blood Brain Barrier Application Outlook (Revenue, USD Million, 2016 - 2026)

  • Alzheimer’s Disease
  • Epilepsy
  • Parkinson’s Disease
  • Multiple Sclerosis
  • Hunter’s Syndrome
  • Brain Cancer
  • Others

Drug Delivery Across Blood Brain Barrier Regional Outlook (Revenue, USD Million, 2016 - 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
  • Asia Pacific
    • Japan
    • China
    • India
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Browse Related Reports :

U.S. Transdermal Drug Delivery System Market Analysis Report By Technology (Active, Passive), By Application (Hormone, Cardiovascular, Neurodegenerative, CNS, Pain Management), And Segment Forecasts, 2019 – 2026

https://www.grandviewresearch.com/industry-analysis/us-transdermal-drug-delivery-system-market

Deep Brain Stimulation Devices Market Size, Share & Trends Analysis Report By Application (Pain Management, Epilepsy, Essential Tremor, OCD, Depression, Dystonia, Parkinson’s), By Region, And Segment Forecasts, 2018 - 2025

https://www.grandviewresearch.com/industry-analysis/deep-brain-stimulators-dbs-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Company Name: Grand View Research, Inc.
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Email:Send Email
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Website: https://www.grandviewresearch.com/industry-analysis/drug-delivery-across-blood-brain-barrier-market

Schneider Electric launches region's first smart distribution centre in Dubai

The new facility will assist several industries in reaching greater integration and digitisation

Schneider Electric has expanded its network of smart operations facilities with the launch of the region’s first Smart Distribution Center in Dubai, showcasing cutting-edge technologies that deliver greater efficiencies to customers and partners.

The new facility will assist several industries in reaching greater integration and digitisation, in addition to providing a platform to develop local talent, delivering end-to-end integration and visibility, and making operations efficient and lean, said a press release on Wednesday.

In light of the UAE’s national Industry 4.0 agenda, the smart centre will benefit from the power of the Schneider Electric Industrial Internet of Things (IoT) and smart manufacturing.

Featuring Schneider Electric’s EcoStruxure™ architecture and platform, the new UAE facility is the sixth Smart Distribution Center launched in 2019, following inaugurations in Australia, China, Brazil, France, and India.

Thanks to its strong record of accomplishment of 30 years across the region and the UAE, Schneider Electric succeeded to elevate Dubai to become one of the firm’s four international hubs after Paris, Boston, and Hong Kong.

The digitisation of Dubai’s Smart Distribution Center will help in cutting delivery time to customers and optimising supply chain operations. Moreover, it will increase the end-to-end efficiency of operations up to 5% and reduce the overall power consumption saving approximately from 10% to 12%, adding to a host of benefits across all layers of the company’s logistical operations.

Some of the improvements include agile management and process efficiency, asset performance management, empowered operators, and energy efficiency and reliability.

“Through the implementation of our Schneider Electric EcoStruxure architecture and platform we are enabling a wide range of industries, as well as government institutions in the UAE, to fulfil their long-term ambitions for digital transformation,” said Ahmed Khashan, president of Gulf Countries- and Pakistan-Schneider Electric.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

#SchneiderElectric #Schneider #SchneiderElectricnews #SchneiderElectricIndia

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Energy for all: Schneider Electric provides solutions for off-grid communities

Schneider Electric has unveiled its new stand-alone solutions – Homaya Family PayG, Mobiya Lite and Mobiya Front. These new offers give off-grid communities access to light - 24/7 and can also power low-voltage electrical appliances. Homaya Family PayG: a universal Pay-As-You-Go system Schneider Electric is launching a new Homaya Family offer with a Pay-As- You-Go option that allows energy providers to lease these systems to households that will only pay for the energy they consume. The system does not require a mobile network connection and is compatible with all mobile money platforms if necessary.

Users buy the energy credit they need and in return receive a code to activate their system via keypad on the front of the device. Better yet, the product is fully customizable and can be adapted to different solar panels or battery capacity. New Mobiya solar lanterns to light up your surroundings in a thousand and one ways Further, Schneider Electric is expanding its Mobiya solar lantern range with two new offers. Equally ingenious in terms of their ergonomics, functionality and quality, both products were designed with the same philosophy in mind, namely to ensure that they benefit the largest number of households as possible.

The Mobiya Lite, which is smaller than its originalparent product, has a light output of 110 lumens. The size and ergonomics of its handle suits anyone and is equipped with a hook that can behung anywhere. It can even be fitted to the neck of a bottle thanks to the design of its handle. Thelantern also has a lithium battery and can charge a mobile phone.

Mobiya Front: This headlamp has a headband that makes it easy to attach to anything, anywhere. Also equipped with a lithium battery, it can be recharged using a Mobiya lantern or using a Homaya Family system.

Mobiya Original: Given its resounding success, the Mobiya lantern has kept to the same design but its light output has increased from 170 to 200 lumens. ”These new offers are the result of the continued and careful thought that has gone in to the way our solutions are used, as was the case for the Mobiya Original,” explained Joël Lelostec, Business Development Director for the Access to Energy program at Schneider Electric. “The Schneider Electric Industrial Design team has put all of its expertise into making these lanterns more practical than ever. The different uses are instinctive. Whether you are in a village in Asia, Africa or Europe, there are a thousand and one ways to use them.”

Every life changed is a win, thanks to energy In 2009, Schneider Electric launched its Access to Energy program with the objective of creating innovative technical solutions and training to provide electricity to three billion people who do not have access to safe, reliable and sustainable energy. The Group is committed to the 17 Sustainable Development Goals (SDGs) set by the United Nations and in particular to SDG 7 which means ensuring access to sustainable energy for all as a prerequisite for child education, quality of life and economic development.

“At Schneider Electric, we are proud to be able to help change people’s lives with solar power solutions and energy training programs,” said Gilles Vermot Desroches, Chief Sustainability Officer at Schneider Electric. “Our objective is to create an ecosystem that will foster sustainable development in the energy sector thanks to trained professionals and simple and clean solutions that anyone can use. The results in the field are very encouraging. Every life changed is a win.”

For more information on the Training and Entrepreneurship program, visit the Schneider Electric You Tube channel for the launch of the “Tomorrow Rising” web series, which traces the journey of four young people in Brazil, India, Nigeria, Senegal.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

#SchneiderElectric #Schneider #SchneiderElectricnews #SchneiderElectricIndia

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Schneider Electric starts factory in Bengaluru

Schneider Electric India's first Smart Factory, inaugurated in Hyderabad in February 2019, has helped more than 500 customers make informed buying decisions.

Schneider Electric on Thursday announced the launch of its Smart Factory in Bengaluru. This is the second such facility by Schneider Electric in India which demonstrates how the company’s EcoStruxure architecture and related suite of offerings drives process automation, increases operational efficiency and reduces costs in the industrial environment. Having two Smart Factories located in India reinforces the company’s contribution to the Indian government’s ‘Make in India’ program which is designed to facilitate investment, foster innovation, enhance skills development and build best-in-class manufacturing infrastructure in the country. 

Schneider Electric India’s first Smart Factory, inaugurated in Hyderabad in February 2019, has helped more than 500 customers experience a host of EcoStruxure solutions and make informed buying decisions for their power distribution and management and machine automation needs. With the inauguration of the Bengaluru Smart Factory, Schneider Electric further strengthens its contribution to the Industry 4.0 agenda in India by providing customers with a showcase of the benefits of industrial digital transformation, including enhanced performance, increased reliability and safety, and remote monitoring and preventive maintenance.

Schneider Electric has launched several Smart Factories around the globe in countries including Mexico, China, France, USA, Indonesia and the Philippines. Today, the Bengaluru Smart Factory is smart and integrated, with digital tools such as augmented reality empowering operators to gain visibility into operations and maintenance, driving a 10% reduction in the mean time to repair critical equipment. In addition, digitised processes have eliminated paperwork by 95% and are contributing to a cleaner plant with optimised energy consumption.

Commenting on the launch, Mourad Tamoud, Executive Vice President, Global Supply Chain, Schneider Electric said, “The Bengaluru Smart Factory demonstrates how the digitisation of industrial environments using EcoStruxure can optimise the processes for both production and end to end supply chain operation and take energy efficiency to a whole new level. Our Smart Factory Program has been recognised by the World Economic Forum’s network of manufacturing lighthouses, which aims to create a learning platform through the world’s best manufacturers who are embedding the technologies of the Fourth Industrial Revolution into modern production. Schneider Electric is committed to developing more than 100 Smart Factories by 2020, globally, and the Bengaluru Smart Factory, which manufactures IT products and drives that are delivered to customers across the globe, is one of our key smart facilities in this region.”

In the Bengaluru Smart Factory, Schneider Electric’s EcoStruxure open architecture and platform enables real-time monitoring of machine performance and preventive maintenance to significantly enhance agility and optimise costs. The site showcases digital transformation best practices and serves as an example of the benefits of digitising energy management and automation in the manufacturing industry.  

Schneider Electric constantly strives to innovate and ensure cutting edge technology is accessible to all. To that end, the Bengaluru Smart Factory provides a space where engineering students from top global institutes can work on emerging technologies and develop digital solutions using Microsoft technologies under Schneider Electric’s Center of Digital Innovation (CODI) program. In addition, the site contributes to a local skills development programme for underprivileged youth and school leavers in India in partnership with the government of India called Project NEEM. With this step, Schneider Electric brings digital innovation into manufacturing in India and aims to prepare people for further development and disruptive innovation into the future.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

#SchneiderElectric #Schneider #SchneiderElectricnews #SchneiderElectricIndia

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Friday, November 29, 2019

Global Connected Ship Market Expected to Grow at a CAGR of 3.95%

The connected ship market is projected to grow from USD 5.92 billion in 2018 to USD 7.19 billion by 2023, at a CAGR of 3.95% from 2018 to 2023.

The connected ship market is projected to grow from USD 5.92 billion in 2018 to USD 7.19 billion by 2023, at a CAGR of 3.95% from 2018 to 2023.

 

The growth of the market can be attributed to the incorporation of the Information and Communication Technology (ICT) in the global marine industry, increased budgets of shipping companies for digitalization of their vessels, growth of the seaborne trade across the globe, need for situational awareness among fleet operators, and growth of the maritime tourism industry.

 

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Based on fit, the linefit segment of the market is projected to grow at a higher CAGR from 2019 to 2030

 

Based on fit, the linefit segment of the market is projected to grow at a higher CAGR than the retrofit segment from 2018 to 2023. The growth of the linefit segment of the connected ship market can be attributed to the increased investments in naval defense by various countries and rise in seaborne trade activities across the globe.

 

Onboard segment projected to grow at a higher CAGR from 2019 to 2030

 

Based on installation type, the onboard segment of the connected ship market is projected to grow at a higher CAGR than the onshore segment during the forecast period. The onboard segment has been further classified into navigation positioning and tracking, automation, communication management systems, and ship information management systems. Increase in the number of orders for new ships and rise in the seaborne trade activities across the globe are expected to drive the growth of the onboard segment of the market from 2018 to 2023.

 

Based on application, the fleet health monitoring segment is projected to grow at the highest CAGR during the forecast period

Based on application, the connected ship market has been segmented into fleet operations, fleet health monitoring, and vessel traffic management. The fleet health monitoring segment is projected to grow at the highest CAGR during the forecast period. Connected ships enable smooth fleet operations by enabling effective communication with onshore stations and providing reliable information about safe and economical sea routes. This, in turn, leads to effective fleet health monitoring.

 

Based on ship type, the defense segment of the connected ship market is projected to grow at a higher CAGR than the commercial segment during the forecast period.

Based on ship type, the connected ship market has been segmented into commercial and defense. The defense segment of the market is projected to grow at a higher CAGR than the commercial segment from 2018 to 2023. The growth of this segment of the market can be attributed to the extensive use of connected ships by the naval forces of different countries

 

The Europe connected ship market is projected to grow at the highest CAGR during the forecast period.

The connected ship market has been studied for North America, Europe, Asia Pacific, and the Rest of the World (RoW). The European region is projected to lead the connected ship market from 2018 to 2023. The growth of the Europe connected ship market can be attributed to the increased demand for autonomous ships and cruises from the region. Moreover, the European region is one of the prime consumers of marine electronic equipment as some of the leading shipbuilding countries such as Germany, France, Italy, and Russia are in this region.

 

The key players operating in the connected ship market report are Northrop Grumman (US), General Electric (US), Wartsila (Finland), Kongsberg Grumman (Norway), and Marlink (Norway).

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Space Robotics Market Opportunities and Challenges

Increasing investments in space exploration missions, demand for satellite servicing, on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems, are fueling the growth of the space robotics market.

The space robotics market is estimated to be USD 2.88 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% from 2018 to 2023.

 

Increasing investments in space exploration missions, demand for satellite servicing, on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems, are fueling the growth of the space robotics market.

 

Browse 65 market data tables with 45 figures spread through 175 pages and an in-depth TOC on the report, “Space Robotics Market – Global Forecast to 2023”.

 

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Based on solution, the satellite servicing segment is estimated to lead the space robotics market in 2018

Based on solution, the satellite servicing segment is estimated to lead the space robotics market in 2018. Growth of this segment can be attributed to an increase in the number of satellites required to be retired every year, advancements in the autonomous systems technology, and increase in space exploration activities are expected to lead to the expansion of capabilities of satellite operators, space agencies, and satellite manufacturers, among others.

 

Based on application, the near space segment is projected to grow at the highest CAGR during the forecast period

Based on application, the in-space maintenance & inspection subsegment of the near space segment is expected to grow at the highest CAGR during the forecast period. Growth of this segment can be attributed to several scheduled space exploration missions in the near future, which are expected to require satellite servicing and on-orbit manufacturing and assembly, contributing to the growth of the near space segment of the space robotics market. For instance, Made In Space (US), a US-based company, worked with NASA to create a 3D printer for the manufacture and development of space systems in the International Space Station (ISS). Made in Space is working on a new 3D printer, Archinaut, which is expected to be able to 3D print the entire exterior of the satellite station.

 

Based on deep space application, the space exploration subsegment is projected to grow at the highest CAGR during the forecast period

Based on deep space application, the space exploration subsegment is expected to grow at the highest CAGR during the forecast period. Space robotics play an essential role in deep space applications such as space exploration and space transportation. Advancements in robotic technology are making it possible for missions such as Mars flyby and Venus Radar Mapper to reach outer space faster and gather more information than human astronauts. In 2017, MacDonald, Dettwiler and Associates (now Maxar Technologies) secured a contract worth USD 2.75 million from the Canadian Space Agency (CSA) to identify the requirements to build a deep-space exploration robotics system potentially capable of operating and maintaining a future space station near the moon.

 

Based on end user, the commercial segment of the space robotics market is projected to grow at a higher CAGR during the forecast period

Based on end user, the commercial segment is expected to grow at a higher CAGR, as compared to the government segment during the forecast period. The growth of the commercial segment can be attributed to the focus of various commercial space entities on space robotics for satellite operations, space exploration activities, on-orbit manufacturing & assembly operations in the solar system and beyond planet Earth.

 

Based on commercial end user, the satellite operators/owners subsegment of the space robotics market is projected to grow at a higher CAGR during the forecast period

Based on commercial end user, the satellite operators/owners subsegment is expected to grow at a higher CAGR during the forecast period due to the NewSpace industry provides satellite servicing and refueling and mission extension services to satellite operators/owners. These services offer opportunities for satellite operators/owners to extend the life of satellite and generate more revenue from existing satellite fleets, and provide greater flexibility in managing in-orbit satellite fleets.

 

Based on government end user, the space agencies subsegment of the space robotics market is projected to grow at a higher CAGR during the forecast period

Based on government end user, the space agenciessubsegment is expected to grow at a higher CAGR during the forecast period due to increasing number of near and deep space experiments and programmes related to space exploration by space agencies is attributing to the demand of the space robotics market.

 

North America is expected to grow at the highest CAGR in the space robotics market during the forecast period

The space robotics market in North America is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to increasing investments in space exploration missions, and increasing space exploration activities by the US and Canada, demand for satellite servicing, and on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems. Also, growth can be attributed to the increasing demand for space robotics from commercial, government, organizations, space agencies, defense organizations, and satellite operators as well as NewSpace companies.

 

Some of the major companies providing space robotics solutions include Maxar Technologies (US), Motiv Space Systems (US), Altius Space Machines (US), Northrop Grumman (US), Honeybee Robotics (US), Astrobotic Technology (US), Made In Space (US), and Effective Space Solutions Limited (UK). These key market players offer various space robotics solutions and robotics & subsystems, sensors & autonomous systems, software and robotic services, such as satellite servicing, on-orbit assembly and manufacturing, surface mobility, and de-orbiting services, among others. New product developments, partnerships, and contracts are the major growth strategies adopted by these players to enhance their positions in the space robotics market.

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DUBLIN FLOORS AND DOORS: THE HOME OF QUALITY DOORS, FLOORS AND ACCESSORIES

Dublin Floors and Doors believe that properly installed door can add significant value to the most important investment of your life such as your house and office. Aesthetically appealing, your treasured assets will be the talk of the block and the envy of your neighbours. 

At Dublin Floors and Doors, they bring you the country charm of interior doors with a modern flair. They are a retailer of quality hardwood, laminate, parquet floors or engineered floors and accessories. Their goal is to provide you with a selection of quality products to make your home renovation and decoration dreams a reality.

Dublin Floors and Doors stock all leading brands of Interior door handles, locks and hinges. They have over 25 years’ experience in supplying Doors, Door handles and accessories and can give their expert guidance into which handles that best match your choice of door. They believe in creating the difference, thus, when others are struggling to supply doors and wood flooring locks to match with people choice, Dublin Floors and Doors, gives you a catalogue of thousands of design. They stock a full range of Hardwood, Engineered Laminate Flooring, Internal Doors, Handles, Wood Panels and Architraves and Radiator Covers from top brands.

Every order is customized so that owners get exactly what they want. Only Dublin Floors and Doors provides this facility where you can choose from their numerous products such as  Dublin wood flooring, Interior doors, architraves and skirting needs of their clients and offer a style to suit any room décor ad their products are sourced from premium suppliers with quality.

Dublin Floors and Doors is the answer to all the door and floor questions. They have virtually infinite designs to match the style and taste for every person. And you do not need to bother about installing, as the highly skilled installation team from Dublin Floors and Doors, will handle everything, from the one-piece delivery to your home to the guaranteed pleasurable installation.

They can also visit your home or place of work at a time convenient to you. There they can accurately measure up all rooms and hallways needing a new floor and give you an accurate quote for supply and fit of your new floors. You can also visit their showroom in Dublin Town and talk to one of their friendly staff.

For more information visit: https://dublinfloorsanddoors.ie

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CHECKBACK INTERNATIONAL PROVIDES THE BEST VETTING SOLUTIONS IN THE UK AND ITS ENVIRONS

Checkback International Vetting Solutions Centre is recognised as a pioneer of the UK vetting sector and one of Europe's most experienced pre-employment vetting service providers. Their services range from pre-employment background checks that can include UK and international criminal checks, credit and ID checks, drivers checks, career referencing, CV verification, Airside ID Pass vetting, BS7858 security vetting, disclosure & barring service checks, FCA Screening Service, right to work and many more.

They use the latest technology to provide fast and accurate screening services to support hiring processes with the consistent and auditable process ensuring accurate, effective vetting compliance with the industry standards like the Aviation and Maritime Security Act of 1990 or the BS7858 for security. Their systems are also integrated where possible with relevant credit agencies and European inspectorates to provide 24hr turnaround on many checks. They ensure the process is not only carried out quickly and accurately but in full compliance with Irish and European Data Protection legislation.

At Checkback International, they provide BPSS clearance which is now a legal requirement for any company to possess when hiring. They have the experience and staff to provide BPSS security clearance for staff in a timely and accurately format because they make use of latest technology to turnaround the screening faster than any competitors and more cost-effectively too.

They also offer a first-class fast turnaround service on BS7858 Security Vetting which concerns the vetting of persons employed or to be employed in an environment where the security and safety of people, property or goods is a requirement of the employing organisation. Whether the company is in the manned guarding sector, CCTV, Alarms or any other segment of the industry that requires its employees to be screened to BS7858 standard. It is important to know that the BS7858:2012 standard has been replaced with the new BS7858:2019 standard. British Standard 7858 contains the latest changes set out by the British Standards Institution to be implemented from 2019.

Checkback International Vetting Solutions Centre also provides fast and cost-effective pre-employment screening services that meet the standard. They also provide a comprehensive report after the vetting process has been concluded which meets the requirements of the SIA and other industry bodies and their electronic candidate report contains everything you need to satisfy your auditors and the Approved Contractor Scheme.

For more information visit: https://checkback.co.uk

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Nutritional Yeast Market 2019-2023: By Application (Poultry, Aquatic & Livestock); By Key Players (Lesaffre, Cargill, Lallemand, Alltech, Nutreco, Biomin & Leiber GmbH) Report| Radiant Insights, Inc

Nutritional Yeast Market 2019-2023: By Application (Poultry, Aquatic & Livestock); By Key Players (Lesaffre, Cargill, Lallemand, Alltech, Nutreco, Biomin & Leiber GmbH) Report| Radiant Insights, Inc
Radiant Insights, Inc
Radiant Insights has announced the addition of "Global Nutritional Yeast Market Research Report 2019-2023″ Market Research report to their database.

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Nutritional Yeast Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

In this report, the global Nutritional Yeast market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.

The report firstly introduced the Nutritional Yeast basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

Download Free Sample Report @ https://www.radiantinsights.com/research/global-nutritional-yeast-market-research-report-2019-2023/request-sample

The major players profiled in this report include:
• Lesaffre
• Cargill
• Lallemand
• Alltech
• Nutreco
• Angel Yeast
• Archer Daniels Midland (ADM)
• ABF Ingredients
• Diamond V Mills
• Chr. Hansen
• Pacific Ethanol
• Biomin
• Leiber GmbH

The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
• Active dry yeast
• Spent yeast
• Yeast derivates

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Nutritional Yeast for each application, including-
• Poultry
• Aquatic
• Livestock

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-nutritional-yeast-market-research-report-2019-2023

Table of Contents

Part I Nutritional Yeast Industry Overview

Chapter One Nutritional Yeast Industry Overview
1.1 Nutritional Yeast Definition
1.2 Nutritional Yeast Classification Analysis
1.2.1 Nutritional Yeast Main Classification Analysis
1.2.2 Nutritional Yeast Main Classification Share Analysis
1.3 Nutritional Yeast Application Analysis
1.3.1 Nutritional Yeast Main Application Analysis
1.3.2 Nutritional Yeast Main Application Share Analysis
1.4 Nutritional Yeast Industry Chain Structure Analysis
1.5 Nutritional Yeast Industry Development Overview
1.5.1 Nutritional Yeast Product History Development Overview
1.5.1 Nutritional Yeast Product Market Development Overview
1.6 Nutritional Yeast Global Market Comparison Analysis
1.6.1 Nutritional Yeast Global Import Market Analysis
1.6.2 Nutritional Yeast Global Export Market Analysis
1.6.3 Nutritional Yeast Global Main Region Market Analysis
1.6.4 Nutritional Yeast Global Market Comparison Analysis
1.6.5 Nutritional Yeast Global Market Development Trend Analysis

Chapter Two Nutritional Yeast Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis
2.1.1 Proportion of Manufacturing Cost
2.1.2 Manufacturing Cost Structure of Nutritional Yeast Analysis
2.2 Down Stream Market Analysis
2.2.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analysis

Part II Asia Nutritional Yeast Industry (The Report Company Including the Below Listed But Not All)

Chapter Three Asia Nutritional Yeast Market Analysis
3.1 Asia Nutritional Yeast Product Development History
3.2 Asia Nutritional Yeast Competitive Landscape Analysis
3.3 Asia Nutritional Yeast Market Development Trend

Chapter Four 2014-2019 Asia Nutritional Yeast Productions Supply Sales Demand Market Status and Forecast
4.1 2014-2019 Nutritional Yeast Production Overview
4.2 2014-2019 Nutritional Yeast Production Market Share Analysis
4.3 2014-2019 Nutritional Yeast Demand Overview
4.4 2014-2019 Nutritional Yeast Supply Demand and Shortage
4.5 2014-2019 Nutritional Yeast Import Export Consumption
4.6 2014-2019 Nutritional Yeast Cost Price Production Value Gross Margin

Chapter Five Asia Nutritional Yeast Key Manufacturers Analysis
5.1 Company A
5.1.1 Company Profile
5.1.2 Product Picture and Specification
5.1.3 Product Application Analysis
5.1.4 Capacity Production Price Cost Production Value
5.1.5 Contact Information
5.2 Company B
5.2.1 Company Profile
5.2.2 Product Picture and Specification
5.2.3 Product Application Analysis
5.2.4 Capacity Production Price Cost Production Value
5.2.5 Contact Information
5.3 Company C
5.3.1 Company Profile
5.3.2 Product Picture and Specification
5.3.3 Product Application Analysis
5.3.4 Capacity Production Price Cost Production Value
5.3.5 Contact Information
5.4 Company D
5.4.1 Company Profile
5.4.2 Product Picture and Specification
5.4.3 Product Application Analysis
5.4.4 Capacity Production Price Cost Production Value
5.4.5 Contact Information

Continued ………

Browse More Related Reports in Food Industry:

1) Global Bread Improver Market - https://foodsandservices.blogspot.com/2019/10/global-bread-improver-market-is.html

2) Worldwide Soybean Polysaccharides Market - https://foodsandservices.blogspot.com/2019/10/worldwide-soybean-polysaccharides.html

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Flooring Market: Expected to Be Worth $542.5 Billion by 2027

Flooring Market: Expected to Be Worth $542.5 Billion by 2027
Browse 146 market data Tables and 36 Figures spread through 176 Pages and in-depth TOC on "Flooring Market"
Flooring Market Type by Material (Carpets & Rugs, Resilient (Vinyl, Cork, Linoleum, Rubber, Resin), Non-resilient (Ceramic, Stone, Wood, Laminate)), End-use (Residential, Non-residential), and Region

According to a research report titled "Flooring Market Type by Material (Carpets & Rugs, Resilient (Vinyl, Cork, Linoleum, Rubber, Resin), Non-resilient (Ceramic, Stone, Wood, Laminate)), End-use (Residential, Non-residential), and Region - Global Forecast to 2027", published by MarketsandMarkets, the global flooring market size is expected to grow to USD 542.5 billion, up from USD 339.3 billion, as of 2018, at a CAGR (Compound Annual Growth Rate ) of 5.7%.

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One of the most significant factors for the (expected) steady growth is the rise in renovation and remodeling activities (in households, as well as commercial buildings), as an effect of rapid industrialization and urbanization throughout the world. Some of the other factors contributing to the expected growth are an increase in investments in the construction industry, rise in population, and a growing focus and interest toward interior decoration in households.

Vinyl Segment to Grow Fastest During the Forecast Period

The reason why vinyl is considered one of the most versatile materials in flooring is manifold.

Vinyl’s resistance to mold, mildew, and moisture makes it easier to clean and maintain a kitchen,  making it one of the most suitable flooring options. Its low cost and easy installation also contribute to its growing popularity in both residential and commercial applications alike.

LVT (Luxury Vinyl Tile) is a type of vinyl flooring that is gaining popularity as a versatile flooring solution since it offers durability along with a myriad of design options. Due to its minimal maintenance and high strength, it is also considered a more economical option than its other premium material counterparts. All such factors have led to an increasing application and usage of vinyl flooring in a variety of sectors, including the corporate, hospitality, healthcare, residential, and other commercial sectors.

The Residential Sector Expected to Dominate the Flooring Market

As of 2017, the residential segment comprises the largest share of the flooring market. This trend is expected to continue and rise steadily until 2027. One of the most compelling factors for this is the increasing demand for aesthetically pleasing flooring materials, which also reflects a growing interest in interior decoration as a trend. With the rise of economies globally, and the rise of income in households in both developed and emerging economies, housing renovation and maintenance (often as a reflection and/or symbol of lifestyle, culture and status),  as trends, have increased steadily in the recent past, and are expected to grow even more in the foreseeable future.

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The Asia-Pacific Region Projected to Grow at the Fastest CAGR

The Asia-Pacific region is slated to be the fastest-growing market for flooring plans during the forecast period. Some of the attributes resulting in the high demand for flooring plans in this region are rapid urbanization and the growing construction industry. What also helps is that the governments of this region have implemented policies and plans that support the growth of the flooring market. Within the Asia-Pacific region itself,  China is projected to grow at the highest CAGR during the forecast period. The Middle Eastern and African markets are expected to follow China with the second-highest CAGR by 2027.

Some of the key players, from around the world, in the business of flooring plans include Mohawk Industries (US), Shaw Industries (US), Tarkett (France), Armstrong Flooring (US), Forbo (Switzerland), Gerflor (France), Interface (US), Beaulieu International (Belgium), TOLI Corporation (Japan), and Milliken & Company (US).

With an extensive product portfolio and a wide geographical presence, these key players have adopted a diverse range of major strategies to remain at the top of the flooring market. New product launches, expansions, investments, acquisitions, and partnerships are some of them.

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