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Showing posts from October, 2017

Brazil Industrial Control System (ICS) Market Expanding To Reach USD 1.9 Billion by 2025

According to Goldstein Research, Brazil ICS market is expected to reach USD 1.9 billion by 2025, growing at a CAGR of 8.93% over the forecast period 2017-2025. The factors such as automated industrial environment and use of advanced technologies such as robotics are increasing the demand for efficient and secure industrial solutions and thus driving the growth of industrial control system market in Brazil. Brazil ICS market segmentation has been carried out on the basis of the control system, applications, end users, and geography. The multiple processes in the manufacturing industry which require effective monitoring and automation of the processes. Thus the Manufacturing industry segment of the end users accounts for a market share of 25.68% in 2017. Brazil ICS market has immense growth opportunities owing to the fact that Brazil is a developing country and thus it facilitates developmental activities in the power and energy and transportation industry. Moreover, the growing

Shell’s Innovation: Emerging Trade of Bitumen Worldwide

Shell’s research location is spread worldwide with over 10,000 out of 90,000 employees working in Projects and Technology division. The Bangalore Research and Development Centre is the major driver in the Shell Bitumen trade worldwide, selling around 12,000 tonnes of bitumen daily to 1,600 clients in 28 countries surfacing 450 kms of roads every day. Scientists have been working at a molecular level to make bitumen possess the properties necessary to make it more durable, sustainable and energy-efficient.According to market research study conducted by Goldstein Research, Global Bitumen market is anticipated to reach USD 110 Billion by the end of 2024. In contrast to the major players looking for business expansion, Middle East and Africa bitumen market in anticipated to be most opportunistic geographical segment with hot investment opportunities. In 2016, waterproofing application market was valued at USD 8.78 billion. On the basis of product segments, paving bitumen

Impactful Government Regulations and Initiatives: Major Boost in Biostimulants Market

Governments across different geographies are implementing impactful regulations by prohibiting usage of synthetic fertilizers which are harmful for the environment as well as for the humans. Regional governments are also encouraging farmers and growers for the adoption of biostimulants which are cost effective and environment friendly. For instance, U.S fertilizers have become more stringent, particularly with regard to nutrient loading into water bodies and harmful fertilizers; demand for biostimulant products has grown. Additionally, United States Department of Agriculture (USDA) has introduced voluntary programs that offer financial incentives to the farmers or producers who use technologies that reduce the environmental impact of farming, leading many producers to seek out biostimulants products. These trends are certain and expected to result in an expanded biostimulant market . Geographically, Asia Pacific and Europe region is expected to project strong growth in

Digital and Connected Cockpit: New Way of Faster, Clearer & Accurate Communication

A digital glass cockpit system reduces the workload for pilots while managing and coordinating with large networks of sensors and platforms. In order to increase fleet management capability, digital glass cockpit systems are adopted among military aircrafts which were more ubiquitous in civil aviation industry. Moreover introduction of high-speed and secure broadband in cockpit is expected to be a game changing factor for both aviation and automotive industries. Connected cockpit systems deliver much faster communications with high safety and easy operational applications. This innovation is likely to bring vast improvements for safety and efficiency and is expected to boost the growth for the cockpit electronics market in the near future. According our market study on Global Cockpit Electronics Market , the market is segmented on the basis of product type and by end user. End-user segment is further categorized into automotive industry and aviation industry. Growing demand

Huge Investment in R&D of Collaborative Robots

Collaborative robots are specially designed robots to perform complex tasks. Growing demand of industrial automation is the major factor behind the strong growth of collaborative robots market all across the globe. Huge amount of capital investment has been witnessed in collaborative robotics market. For instance in 2015, YuMi a collaborative robot with flexible hands and camera based robot controller is introduced by ABB Ltd. YuMi is used to improve manufacturing productivity in machinery and electronics industry. For high productivity and efficiency, tech-giants from all end use industries are investing for the expansion of collaborative robots. Automotive industry captures the major share of global collaborative robotics market. In 2013, more than 65,000 units of industrial robots were supplied in automotive industry; developing countries such as India, China, and Mexico are the major opportunistic region for market entry players. In 2016, 22,000 collaborative industrial

Global Smart Transportation Market Outlook 2024

Market Overview Involvement of government in the development of transportation facilities is increasing the investment on smart technology based projects. Smart transportation is ensuring safety of people as prior availability of traffic and speed related information is reducing the delay and number of accidents. Moreover, Real time data accessibility about current traffic condition and parking space is expected to bring better business opportunities for smart transportation. Smart infrastructures are providing a platform to implement smart transportation, the US department of transportation has invested around USD 160 Billion for smart cities solution in 2016. These projects are intending to provide better parking and traffic management with the aim of pedestrian and driver’s safety. The current market trends have forced industry players to participate in accelerating the deployment of innovative and advance transportation systems. Cubic Corporation merged with a German tran

Why Everyone is Talking About Internet of Things Technology?

Internet of things technology is actively participating in every end use industry, emergence of connected devices is transforming the whole spectrum of internet of things market all across the globe. Every tech giant all across the globe are working on the implementation of IoT technology. Even for the consulting industry IoT is one the most popular technology on which leading consulting and advisory firms are working. Analysts are working on untapped potential of IoT market, the study is very crucial for every end use industry.  When we talk about the investment scenario, manufacturing and logistics industry are mounting the pyramid in terms of capital investment. Recent exposure of automotive and transportation sector in IoT market will also add some figures in upcoming future. Healthcare and manufacturing sector acquired the major market share of Internet of things market followed by insurance and banking sector. Goldstein Research is actively participating in