Research Reports

Electric Two-Wheelers Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:53 pm 25 July 2020

Market Overview

The Global Electric Two-Wheelers Market is expected to grow at a high CAGR during the forecasting period (2019-2026). Due to rising awareness among people for the carbon footprint reduction on the earth. And also due to the stringent regulations by the government of various countries for vehicle emissions.
Electric two-wheelers is the electric bicycle with pedals or without pedals. The electric 2-wheeler is integrated with an electric motor which can be used for propulsion and to move the electric motor rechargeable battery is used. The Electric two-wheelers are similar in the looks from the conventional bicycle or conventional combustion engine 2-wheelers depending on the product type.
The report covers all the major trends and drivers playing a key role in the growth of the Electric two-wheelers market. Also, the report covers Porter five force analysis, Average Pricing analysis, and Impact analysis.

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Market Dynamics

The global Electric two-wheelers is primarily driven by stringent regulations by the government and frequent strict renewals all around the globe for vehicle emissions to lower down the carbon footprints. With favourable schemes and the awareness among the people for the environment, safety are the major drivers for the popularity gain of the electric 2-wheeler across all regions. In India, BS-IV applied to new type approvals in April 2016 and to all vehicle sales and registrations in April 2017. The regulation establishes the first-ever evaporative emission standards for two- and three-wheelers. BS-VI standards, which apply in April 2020, largely align emission limits for two-wheeled vehicles with European standards (although they are slightly more relaxed). The new regulation not only tightens the HC+ NOx values by 23-60% compared to existing BS III standards but also specifies independent NOx standards for two-wheelers.
The fast acceptance of the Electric two-wheelers is demanding for the electric charging infrastructure to develop rapidly all around the world, which is attracting lots of funds and investment from the governments and the private players all around the world. And certain regions like Europe are already ahead with lots of electric charging station infrastructure project developments.
For instance, a group of mainly German carmakers will open ultra-fast electric vehicle charging stations this year and plans a pan-European network of 400 by 2020. And IONITY, a joint venture of BMW AG, Daimler AG, Ford Motor Co, and Volkswagen with its Audi and Porsche brands, plans to open 20 stations to the public this year in Germany, Norway, and Austria. They will be 120 km apart and run in partnership with Tank & Rast, Circle K, and OMV.
However, due to the high cost of the batteries, which accounts for the higher price for the Electric two-wheelers, making it difficult for the people to buy. This is the major hindrance for the Electric two-wheelers market in the forecast period.

Market Segmentation

By Product type, the global Electric two-wheelers market is segmented into Pedal-assisted (Pedelecs), and Throttle-assisted (Power-on-demand).Pedal-assisted has the dominant position in the Electric two-wheelers market and is expected to retain its dominance in the forecasted period due to a reason related to very cost and health. With awareness of health benefits among people when using speed pedelecs. And also, as they have less power motor requiring less capacity battery, making it less costly than the other high capacity battery 2-wheelers. The Electric pedal-assisted vehicle is gaining more popularity than a bicycle in major countries of Europe like Netherland is also driving the market for the pedal-assisted 2-wheelers.
For instance, according to figures from Dutch industry organizations RAI Association and BOVAG more than 67% revenue of bicycles sales came for e-bike sales in The Netherland for 2018, much more than in the year 2011 when e-bikes accounted for only 15% of the bicycle sale revenue.
However, with the high demand for the throttle-assisted 2-wheelers due to the high speed and efficient performance, which help replace cars and also reduce congestions on roads. The Throttle-assisted vehicles will increase with the exponential rate in the forecast period. It is expected that Pedal-assisted vehicles market will grow at a CAGR of ~XX% during the forecast period.
By Battery Type, the Electric Two-Wheelers Market is segmented into Lead-acid, Nickel-metal hydride (NiMH), Lithium-ion (Li-ion), and Others. Lead-acid has the dominant position in the Electric two-wheelers market due to the low price of the batteries. Although with the rising demand for more capacity and a long life of batteries is making the market for Lithium-ion to grow with higher CAGR for the forecast period.

Competitive Analysis

Key players are adopting strategies such as investing in R&D, new product launches, expansion in distribution channels to stand out as strong competitors in the market. Global Electric two-wheelers is a competitive market with the presence of various global and regional players in the market. The major players Robert Bosch GmbH, Accell Group N.V, Giant Manufacturing Co. Ltd., Derby Cycle Holding GmbH, and Jiangsu Xinri E-Vehicle Co. Ltd. Other key players in the market include Panasonic Corp, Bionx International Corporation, Mahindra & Mahindra Ltd., Samsung SDI Co. Ltd., and Prodeco Technologies Llc.
In July 2018, Yamaha introduced 600Wh Multi-Location inTube battery for Electrically Power Assisted Bicycles (EPACs).The battery shape offers 2 types of integration in the downtube – either vertical or horizontal. In both directions the design enables easy handling when charging off the bike.Compared to conventional battery packs in the market the new 600Wh battery offers a 20% capacity increase.
In July 2018, India’s Ather Energy officially began accepting pre-orders from consumers for its Ather 450 (Electric Scooter) in Chennai. This is the second city after Bangalore the company is entering after its commercial launch in June 2018.

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Dicamba Herbicide Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:52 pm 25 July 2020

Market Overview

The Global Dicamba Herbicide Market is expected to grow at a high CAGR during the forecasting period (2019-2026).
Dicamba is a benzoic acid compound that is used as a selective herbicide in a wide range of weed management practices across the globe. Since its first registration as an herbicide in 1967, dicamba herbicides have been extensively in use in agricultural practices for controlling the growth of perennial weeds in cotton, soy, wheat, and other crops. It is used as an active ingredient in various weed control products intended for killing weeds in croplands, lawns, and roads.

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Market Dynamics

The development of dicamba-tolerant crops is the major driver for the growth of the market. In 2017, Monsanto launched Roundup Ready Xtend, a dicamba-resistant GM soy variant, and the company now under Bayer AG is planning to launch XtendFlex soybean technology that is tolerant to dicamba, glyphosate, and glufosinate. The need for crop protection has been rising with the growing demand for food and declining arable land. This is forcing the farmers towards effective weed management and the use of herbicides. Dicamba based herbicides evolved as a solution owing to their potential to control the growth of weeds in a wide array of crops, thereby resulting in increased yield and quality of produce. Furthermore, the bans imposed on glyphosate-based herbicides and the development of glyphosate-tolerant weeds are supporting the growth of the market in the European region.
However, the toxic effect of dicamba herbicides, particularly acid formulations on farmers and the environment is hindering the growth of the global dicamba herbicide market. The tendency of dicamba herbicides to drift to surrounding fields results in widespread damage to non-dicamba-tolerant crops. According to EPA estimates, over 3.6 million acres of soybean were damaged by dicamba in the U.S. alone in 2017.

Market Segmentation

The global dicamba herbicide market has been segmented by form into liquid and granular. Liquid dicamba herbicides evolved as the largest segment of the market owing to ease of application benefit of liquid formulations over their dry counterparts. The rising practice of foliar application is driving the growth of the liquid dicamba herbicide market across the globe. The advantages offered by direct fertilization of herbicides such as easy absorption into plant parts and almost instant functioning is motivating the use of liquid formulations. These products are applied by the means of hose sprayers, aerosol sprays, and other foliar techniques.
By geography, the global dicamba herbicide market is segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa. North America evolved as the largest market for the dicamba herbicide market owing to a large demand for selective herbicides in the region. The use of dicamba herbicides was first registered in the U.S. and since then the market has been witnessing significant growth. However, the growing demand for high-performance herbicides in China, India, and other Asian countries owing to the rising of precision farming practices made the Asia Pacific as the fastest-growing market for dicamba herbicides.
The global dicamba herbicide market is consolidated with global agrochemical companies such as Syngenta, Monsanto, BASF, Nufarm, and Adama. Other key players in the market are Gharda Chemicals Ltd., Alligare, LLC, SinoHarvest, Royal Fertichem Pvt. Ltd., and Shanghai Pro first Co., Ltd.
The potential of dicamba in restricting the spread of weeds such as pigweed has to motivate the use of this herbicide. However, the adverse effect of dicamba on vegetation and ecosystem resulted in heated arguments among farming communities and environmentalists. This has resulted in the imposition of several restrictions and even bans on the use of dicamba. For instance,
In December 2017, Arkansas imposed a ban on the use of dicamba in crop protection activities and the ban was effective from April to October of 2018. However, after the expiration of the ban, on October 31, 2018, the United States Environmental Protection Agency (EPA) approved the use of this weed killer for the next two years in the state. The state also restricted the use of dicamba earlier in July 2017
In July 2017, the Missouri Department of Agriculture (MDA) banned the sale and use of dicamba products in Missouri
The bans and approvals on the use of dicamba in Arkansas and Missouri are growing misconceptions among farmers in several states of the country and across the globe. Manufacturers are focussing on effective labeling of the product and development of high-performance dicamba that does not drift to other crops and vegetation. This would result in a significant growth opportunity for major agrochemical companies to increase their share in the market.
Other key developments in the global dicamba herbicide market are
In April 2019, Syngenta announced that its dicamba herbicide Tavium Plus VaporGrip has been registered by U.S. EPA and the product will available for farmers in 2019 growing season
In April 2018, Monsanto launched a product that deactivates dicamba present inside the spraying equipment. This product first of its kind helps farmers in preventing the unintended application of dicamba traces on crops
The complexities associated with the use of dicamba have increased the need for better labeling and use case assistance. In 2018, Monsanto and BASF individually launched web-based applications that help farmers and applicators about suitable spraying conditions
The agreement made by EPA with major dicamba manufacturers BASF, DuPont, and Monsanto is another key development in the dicamba herbicides market. The agreement is made in October 2017 to minimize the drift potential of dicamba products that are used for controlling weeds in cotton and soybean
In March 2017, BASF expanded the capacity of its herbicide dicamba production plant in Texas. Dicamba is used as an active ingredient in Engenia, the high efficient herbicide of the company

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Dairy Cattle Feed Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:51 pm 25 July 2020

Market Overview

Global Dairy Cattle Feed Market Expected to reach a high CAGR by 2026: DataM Intelligence
Dairy Cattle Feed is majorly used by the farmers and commercial milk producers for health maintenance and increased milk production. About 50-60% of feed in dairy cattle accounts to forages and rest by other concentrates. The Major types of forages used in cattle feed includes wet and dry forages. Most commonly used wet forages in cattle consists of barley, corn or alfalfa. Dry forages used in the dairy cattle feed includes high quality alfalfa hay, alfalfa-grass mix, and grass hay. Large number of farmers across the globe use combine mixture of both silage and hay and others using either feed silage or feed hay.

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Market Dynamics:

Increasing herd sizes by the commercial farms to meet the global demand for milk led dairy producers to implement alternative feeding strategies. This had resulted in increased interest towards total mixed ration. The cattle fed with total mixed ration has seen a significant change in milk output and overall animal health. The total mixed ration is a mixture of natural ingredients, fodders and feed additives in a specific ration. Growing demand for high quality milk and increased productivity through minimal input led to increased investment by the farmers in forages. Increased health related concerns by farmers over herd and positive outcomes over the usage of feed are the factors driving the global dairy cattle feed market. The rising dairy cattle population and growing per capita consumption of feed in cattle are also driving the growth of global dairy cattle feed market. According to Department of agriculture, Food and Marine, & Central Statistics Office, average dairy concentrate feed use per head increased from 880 kg/cow in 2016 to 1011 Kg/cow in 2018 in Israel. High presence of in-house production of forages by the farmers in the developing nations are the factors hindering the growth of global dairy cattle feed market.

Segment Analysis

Based on feed type the global dairy cattle feed market is segmented into dry forage and wet forage. Wet forage dominate the feed type segment globally owing to its greater feed efficiency over dry compatriots. Corn silage is extensively used by the commercial farmers in growing dry and lactating cows. Growing feed grain prices led to increased adoption of wet forages by farmers due to its low-cost availability nature across the globe. Presence of high energy content and increased productivity in livestock through its usage in feed are the other factors contributing to the growth of wet forages during the forecast period.

Geographical Presentation

By region, the global dairy cattle feed market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east and America.
Well-established dairy industry and increased adoption of high-quality feed by the commercial milk producers are contributing to the growth of Asia-Pacific dairy cattle feed market. Several private and government milk cooperatives are established in developing nations to organize the dairy industries. These cooperatives are focused towards enhancing the quantity and quality of milk production through supply of high quality feed to livestock growers. This assistance of cooperatives led to increased utilization of compound feed. For instance, major cooperatives in India are providing self-produced compound feed for the farmers. Organic dairy cattle feed is growing in market size owing to the rising interest towards organic milk among people in countries such as the U.S., Canada, and European countries. Growing dairy cattle heads and investment by the farmers in high quality feed led to increased production of dairy cattle feed across the region.
United States has huge presence of commercial dairy industry and it is highly adaptable to technological changes in feed environment. According to the study conducted by Alltech in 2016, more than 10% of total compound feed in United States was consumed by dairy cattle. Changing consumer preference towards organic milk is expected to boost market for natural ingredients-based compound feed.

Competitive Analysis

The global dairy cattle feed market is highly fragmented with many players in the industry. Major companies in the global dairy cattle feed market are family-owned and focused on developing high shell life wet forages.
Some of the key players in the global dairy cattle feed market include Forrajes La Campiña S.L., SL Follen, Abatti Companies, and Prasad Feeds Pvt. Ltd.
Strategic collaboration between the regional and global companies for them development novel dairy cattle feed are the key strategies adopted by the major players in the global dairy cattle feed market.
In January 2019, Prabhat Dairy entered into strategic alliance with Denmark based DLG Group for the development of high-quality vitamin-mineral feed.
In June 2019, Hatsun Argo Product Ltd acquired cattle feed plant with a production capacity of 100 Tons per day in Maharashtra state of India.

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About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Data lakes Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:51 pm 25 July 2020

Market Overview

The Global Data lakes Market is expected to grow at a high CAGR during the forecasting period (2019-2026).
Due to the low cost of data storage and features of data lakes such as flexibility & accessibility, data authenticity and speed will grow the market for the data lakes in the forecast period.
A data lake is a centralized repository that allows you to store all your structured and unstructured data at any scale. You can store your data as-is, without having first to structure the data and run different types of analytics—from dashboards and visualizations to big data processing, real-time analytics, and machine learning to guide better decisions. Unstructured data files often include text and multimedia content. Examples include e-mail messages, word processing documents, videos, photos, audio files, presentations, webpages, and many other kinds of business documents.
The report covers all the major trends and drivers playing a key role in the growth of the Data lakes market. Data lakes market is segmented by Offering, Deployment, End-user Industry, and Region.

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Market Dynamics

The global Data lakes are primarily driven by the rise in the data abruptly all around the world. This sudden rise of data because of the rising IoT has created the demand for the storage of data so that it can be used later for deriving insights. Hence the demand for low-cost storage and growing investments in smart cities, which are using IoT on a large scale all around the world will help in growing the market for the forecast period.
For instance, the Government of India (GoI) announced the 30 new cities under Smart Cities Mission, taking the total number of proposed smart cities to 90 cities. The government has announced to develop 100 smart cities in India. The government has planned to invest INR 1.91 trillion (US$ 30 billion) for the 89 cities under the mission. As per the proposed investment, 80% of the funds would be spent on area-based development (ABD) and the remaining 20% of the funds on ICT Solutions.
The business today heavily relies on the data for better decision making. With the rising digitalization generates a large amount of data with the organization, data lakes provide the solution for effective storage of the large data and helps provide a platform for running the data analytics on the data for deriving insights. The various features of the data lakes boost the market for the forecast period. Essentially, large banks have the potential to drive tremendous investments towards digitization and are gradually understanding the disadvantage in just upgrading the legacy software and hardware systems, which is an expensive and continuous process. Representing a common trend in today’s financial marketplace, Lloyd’s Banking Group in 2018 invested in a fintech company to adopt its online banking system.
However, without any organization or structure of data in data lake repositories, so that analysts who want to use the data have no idea how to do so. The data ends up just sitting in the data lake and is rarely used, and hence Data lakes become data swamps which are the main reason that will be hampering the growth of Data lakes in the forecast period.

Geographical Analysis

By geography, the global Data lakes market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
North America holds the largest market share for Data lakes as the leaders in innovation and developments. So, the adoption rate of new technology is also high in the region. And also, with the rise in the oil & gas industry in the region will boost the Data lakes market for North America in the forecast period.
For instance, in July 2018, Attunity Wins $2.3M Term-based Deal with Large Oil and Gas Company (The customer) to Enable Strategic Microsoft ADLS Data Lake on Azure. The Customer, a leading oil and gas provider, based in North America, required a solution for consolidating very large data volumes, including an SAP table with approximately 1 billion rows, as well as data from various Oracle and SQL Server on-premises production platforms to the cloud-based data lake. The customer is not disclosed by the company.
Europe is after APAC in terms of the market share of Data lakes. However, with the rising economies and the adaptation of technologies for the sectors such as banking, in the developing countries like India and China is expected to boost the data lakes market in Asia-Pacific for the forecast period. For instance, State Bank of India (SBI) is going beyond the practice of data warehousing to create a data lake, which will offer on-the-go analytics to bank executives, deputy managing director, and chief information officer.

Competitive Analysis

Key players are adopting strategies such as investing in R&D, new product launches, expansion in Technology to stand out as strong competitors in the market. Global Data lakes is a competitive market with the presence of various global and regional players in the market. The major players, Horton works, Google, Oracle, Microsoft, and Zaloni. Other key players in the market include Teradata, Impetus Technologies, Cloudera, Amazon, and IBM.
In April 2019, Temenos, the banking software company, launched Temenos Data Lake and is first to market with a robust, productized data lake that integrates big data analytics into its banking software. Temenos Data Lake delivers out-of-the-box data integration, preparation, and optimization to power AI-driven banking applications.
In January 2019, Tata Consultancy Services (TCS), a leading global IT service, consulting, and business solutions organization, has launched the TCS Connected Intelligence Data Lake for Business TM on AWS Marketplace. The newly launched software captures and manages all types of data in a central Hadoop repository from where business users can pull elements using a simple drag and drop interface to quickly generate analytics and gain insights to solve business challenges.

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About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Curing Agents Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:50 pm 25 July 2020

Market Overview

The global curing agents market is expected to grow at a CAGR of 6.4 % during the forecast period (2019-2026).
Curing agents are a kind of chemical additives added to resins to harden or toughen a surface or material. It is applied to polymer surface to facilitate bonding by cross-linking of polymer chains. The stronger the polymer linkage, the harder the material surface is. Due to superior properties of curing agents its applications in various industries are expected to drive the global curing agents market growth.

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Market Dynamics

Growth in the application of curing agents in various industries such as construction, automotive, and others is one of the major factors that is driving the global curing agents market. Due to superior properties of curing agents like mechanical strength, chemical strength, and electrical insulation these are widely used in several end-user industries. Additionally, stringent regulations made for the usage of lightweight components in aerospace and automotive sectors are surging the demand for curing agents market.
However, adverse effects of curing agents like discharging harmful volatile organic compounds which can be a concern to the environment and increasing cost of raw material used in various industries has increased the total cost of curing agents are hindering the growth of curing agents market.

Market Segment Analysis

Based on the application, the global curing agents market is broadly segmented as coating, building & construction, adhesives, and others. Among all these, building and construction industry occupies the dominant share in the market. It is owing to increase in the use of curing agents in construction applications such as increasing concrete bonding, flooring, and in marble lamination. According to the World Bank estimates the global expenditure from the construction industry is expected to reach USD 14 trillion by 2025. Increasing global construction activities is anticipated to increase thus demand for curing agents is anticipated to rise in the forecast period.
Based on resin type, the global curing agents market is broadly segmented as epoxy, polyurethane, silicone, and others. Among all these, epoxy curing agents occupies the major market share and is expected to grow at a higher CAGR during the forecast period. The epoxy resins exhibit high performance, are easy-to-use, more durable compared to other resins. Thus, the increase in the use of epoxy curing agents in applications such as coatings, electrical & electronics, construction, adhesives are propelling. Additionally, they act as additives that are used to cure or harden various materials in different surroundings.

Geographical Analysis

The global curing agents market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific occupies the dominant share in the curing agents market and is expected to grow at a CAGR of XX% in the forecast period. Rising population and growing end-user industries in this region are driving the market. Also, research institutions and various manufacturers are making huge investments in R&D of curing agents. Additionally, due to the rising awareness about the use of eco-friendly adhesives and growing demand from applications such as coatings, electrical & electronics, construction, composites, adhesives, and others in this region. For instance, according to CIC, it is expected that from 2017-2021 the Asia Pacific region's construction output will increase by 3.3%.

Competitive Analysis

Significant players of the global curing agents market are Evonik Industries, Hexion Inc., Huntsman Corporation, Cardolite Corporation, BASF, Olin Corporation, Kukdo Chemical Co. Ltd., Aditya Birla Chemicals Ltd., Mitsubishi Chemical Corporation, Atul Limite, Albemarle Corporation and others. Majority of these players have adopted few organic and inorganic key strategies like product launches, mergers & acquisitions, and others to maintain their market share in this market. For instance, in March 2017, Huntsman Corporation, launched a new portfolio of low-temperature curing agents, for heavy-duty industrial coating applications. In December 2017, Cardolite launched a new emulsion-type curing agent for epoxy coatings, NX-8401 which has low viscosity & easily reducible with water.

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About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Crop Oil Concentrates Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:49 pm 25 July 2020

Market Overview:

Global Crop Oil Concentrates Market Expected to reach a high CAGR of 5.1% By 2026:
Crop oil concentrates are chemical solutions that are used as adjuvants in crop nutrition and protection activities. These blends of petroleum distillates and emulsifiers are used along with various pesticide forms to help enhance their performance in plant and weed growth control. Modern agricultural practices include the application of crop-oil concentrates with herbicides, fungicides, insecticides, defoliants, desiccants, and various other pesticide forms. The global crop oil concentrates market valued USD XX billion in 2018 and is estimated to reach USD XX billion by 2026.

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Market Dynamics:

The global crop oil concentrates market has been witnessing significant growth owing to the growing utilization of pesticides and plant growth regulators. The ability of these chemicals to enhance deposition and spreading of herbicides, thereby improving the effectiveness is motivating the farmers towards use of crop oil concentrates. Technological advancements including adoption of drones and other precision farming methods in crop protection and nutrition is likely to provide immense growth potential for crop oil concentrates market. However, the availability of other adjuvants such as non-ionic surfactants and vegetable-oil concentrates that can be used as an alternative to crop oil concentrates is the major restraint for the growth of the market. The adverse effects of petroleum based products on human health and environment is also hindering the utilization of crop-oil concentrates.

Market Segmentation:

The global crop oil concentrates market has been segmented by application into insecticides, herbicides, fungicides, plant growth regulators, and others. The suitability to use with wide array of post-emergence herbicides made herbicides as the largest segment of the market. Herbicides is expected to hold a share of over 40% in global crop oil concentrates market and is estimated to hold its dominance by growing at a CAGR of 4%.
By geography, the global crop oil concentrates market is segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa. Well established crop protection business and large scale utilization of herbicides made North America as the largest market for crop oil concentrates. Growing practice of precision farming to enhance pesticide efficiency is boosting the need for crop oil concentrates in this region. However, South America is expected to witness the highest growth rate over the forecast period owing to rising consumption of herbicides in countries such as Brazil and Argentina. Soybean cultivation in Brazil has witnessed 13% growth in use of pesticides in 2019, thus providing opportunity to crop oil concentrates.
The global crop oil concentrates market is fragmented with large number of players. The market is highly competitive with the likes of new product launches and patent filings. Global agrochemical companies including BASF SE, Syngenta AG, and Dow Agrosciences LLC have gained patents related to crop oil concentrates and are likely to increase their market share. Other key players in the market are Wilbur-Ellis Holdings, Inc., CHS, Inc., Innvictis Crop Care, Precision Laboratories, LLC, and Plant Health Technologies.

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Crude Sulphate Turpentine Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:49 pm 25 July 2020

Market Overview

The Global Crude Sulfate Turpentine Market is estimated to grow at a CAGR of 3.3 % over the forecast period (2019-2026),
Crude sulphate turpentine is a by-product of cellulose making by sulphate process, and after cleaning it from sulfur-containing compounds it is applied in various fields of paint-and-varnish and chemical industry.
Crude Sulfate Turpentine Market is segmented by product type, application, and geography.
By product type, the market is segmented into Alpha-Pinene, Camphonene, and other types. By application, the market is further segmented by Industrial Chemicals, Aromatic Chemicals, Fuels, Paints and Resins, FMCG and others.
Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Rest of the World.
Growing end-user industries, shifting the focus of consumers towards natural based products and governments initiative to encourage environmental friendly products will likely to boost the crude sulfate turpentine market.

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Market Drivers

Crude sulfate turpentine market is witnessing maximum growth owing to the bio-friendly nature of the product. Owing to which this product has found applications in a wide range of FMCG products such as perfumes, toothpaste, soaps and more.
Moreover, an increase in the production of chemical products from turpentine which is used as a solvent, fragrance agent and flavor are some other factors expected to fuel the growth of global Crude Sulfate Turpentine market.
USDA has certified crude sulfate turpentine as an environmental friendly natural product and approved its use in all the human consumable personal care and household products.
Crude sulphate turpentine has a wide range of applications in the chemical industry as a solvent, and also product types such as alpha and beta, pinenes, polymerized products, solid and liquid polyterpene resins, as well as monoterpenic alcohols, isoborneol, camphene, and paracymene are derived crude sulphate turpentine. Which are applied as solvents, materials for adhesives making, flotators, biologically active substances, polymerization activators and for manufacturing of perfume additives.
Therefore growing end-user industries, shifting the focus of consumers towards natural based products and governments initiative to encourage environmental friendly products will boost the crude sulfate turpentine market.

Market Segmentation

Growing economies have been witnessing robust growth in the FMCG sector owing to the growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector.
For instance in India, Fast-moving consumer goods (FMCG) sector is the 4th largest sector in the Indian economy with Household and Personal Care accounting for 50 percent of FMCG sales in India.
In addition to the FMCG sector growth, consumer interest towards bio-based products will drive the consumption of Crude sulfate turpentine over other synthetic FMCG products.
Considering this fact FMCG manufacturers producers are focusing to make produced based on natural raw materials.
Therefore moving forward the FMCG industry to aid the robust growth of crude sulfate turpentine.

Geographical Share

Crude sulfate turpentine accounts for 96% to the overall turpentine production in the US.
Turpentine produced in the US is mainly of alpha-pinene accounted for 85% followed by camphene and limonene.
Whereas the chemical industry is one of the United States' largest manufacturing industries, serving both a sizable domestic market and an expanding global market. Also, chemicals are the top exporting sectors of U.S. manufacturing.
Therefore the prominent chemical industry will further boost the consumption of this product.
The paints and coating industry in this region continues to move to more environmentally friendly products. Hence the developments in the end-user industries from this region will remain North America as a major market for Crude sulfate turpentine.

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Connected (Smart) Street Light Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:48 pm 25 July 2020

Market Overview

Global Connected (Smart) Street Light Market is expected to grow at a CAGR of 30% during the forecast period (2019-2026)
Connected (Smart) Street Light are devices that are used for lighting up the cities. In this, all lights are connected and have sensors which make them efficient by putting off the lights when they are not required or not in use. So, these smart connected streetlights light up city streets with efficient power use.
The report covers all the major trends and drivers playing a key role in the growth of the Connected (Smart) Street Light market. Connected (Smart) Street Light market is segmented by Components, Networking Technology, and Region.

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Market Dynamics

The global Connected (Smart) Street Light market is primarily driven by the growing need for energy-efficient systems like a smart streetlight. Increasing energy crisis globally has put the urge for the more energy-efficient systems that conserve energy. With the need for sustainable development by conservation of energy is expected to drive the market for the connected streetlight market over the forecast period.
For instance, with a population of 190 million and a generation capacity of 3,900 MW, energy poverty is still a critical issue for Nigeria. However, the country has abundant energy resources, and the potential of its renewable can serve as a solution to tackle the power crisis sustainably. The current political will to crack down on corruption is expected to gain importance and grow as a signal to encourage future investments in Nigeria’s power sector in the coming years.
The growing construction of smart cities all around the globe is the other reason for the smart streetlight market to have a positive impact in the coming years. Rising smart cities account for the increase in the adoption of IoT devices and LI-FI technology. There are huge investments in the development of smart cities all around the world. For instance, the Government of India (GoI) announced the 30 new cities under Smart Cities Mission, taking the total number of proposed smart cities to 90 cities. The government has announced to develop 100 smart cities in India. The government has planned to invest INR 1.91 trillion (US$ 30 billion) for the 89 cities under the mission. As per the proposed investment, 80% of the funds would be spent on area-based development (ABD) and the remaining 20% of the funds on ICT Solutions.
However, due to the high cost of initial installation and higher maintenance cost are some of the factors that will be hampering the growth of Connected (Smart) Street Light in the forecast period.

Market Segmentation

By Components, the global Connected (Smart) Street Light market is segmented into Hardware and Services. The hardware segment includes a light source, drivers and ballast, sensors, switches, controllers, and others. As hardware is the integral element of the smart streetlight, which will make the market grow at a higher CAGR for the hardware. It is expected that the Hardware market for Connected (Smart) Street Light market will grow at a CAGR of ~XX% during the forecast period.
By Networking technology, the global Connected (Smart) Street Light market is segmented into Narrowband, Medium band, and Broadband. The medium band has the dominant position in the Connected (Smart) Street Light market due to the reason that proves to be both reasonably affordable and technically suitable for the largest number of potentially desirable applications.

Geographical Share

By geography, the global Connected (Smart) Street Light market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
Europe holds the largest market share for Connected (Smart) Street Light due to the rising urbanization coupled the governments initiate for the energy conservation in the region. Also, the increase in the investments on smart streetlight installation by public and private will drive the market for the forecast period. For instance, in Europe so far, only a handful of cities have installed intelligent lighting. However, the European Commission has pledged to help fund a project to set-up 10 million smart streetlamps around cities in the EU by 2025.
North America is after Europe in terms of the market share of Connected (Smart) Street Light due to the rise in commercial spaces like offices and the parking lots and also due to the high investments on the smart city development projects will be the major drivers for the smart streetlight market in the region. For instance, Chicago’s programs to replace 270,000 city lights over the next four years with LEDs and intelligent controls is a good example of the growing scale and ambition of street lighting projects. This initiative could eventually save Chicago $10 million a year in energy costs. The latest edition of Navigant Research’s Smart City Tracker includes smart city projects in 221 cities, a quarter of which are deploying smart street lighting ranging from initial pilots to citywide and regional deployments that span tens and even hundreds of thousands of lights.

Competitive Analysis

Key players are adopting strategies such as investing in R&D, new product launches, expansion in Networking Technology to stand out as strong competitors in the market. Global Connected (Smart) Street Light is a competitive market with the presence of various global and regional players in the market. The major players General Electric Co., Koninklijke Philips NV, Echelon Corporation, Osram AG, and Cisco System Inc. Other key players in the market include Triliant Holdings Inc., AxiomTek, Tech Mahindra Limited, Schréder Group GIE, and Silver Spring Networks Inc.
In April 2018: Telensa entered into a partnership with the government of Hong Kong to replace 600 streetlights in Yuen Long. This is a part of a pilot scheme that is expected to introduce more sophisticated and intelligent street lighting systems to the entire region’s urban infrastructure.
In February 2017, Citelum S.A. launched its new street lighting laboratory at the EDF Lab Les Renardières site to test the effectiveness of new technologies; evaluate their effect on electric networks; and find and develop new solutions for smart, economical, and eco-friendly lighting.

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Cough Suppressant Drugs Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:48 pm 25 July 2020

Market Overview

The Global Cough Suppressant Drugs Market is expected to grow at a CAGR of 3.4% during the forecasting period (2019-2026).
A cough is a reflex action to clear your airways of mucus and irritants such as dust or smoke. A cough is the most common symptom of various upper and lower respiratory tract infections. It affects a large proportion of the population leading them to seek medical attention. Cough Suppressant, also known as Antitussives, are widely used to relieve the symptoms of cough. They are substances that suppress the coughing itself.

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Market Dynamics

The global market for the Cough Suppressant Drugs Market is primarily driven high prevalence of cough. Moreover, cough can be contagious and gets transmitted through bacteria and viruses to the unaffected people and is expected to increase the demand for cough suppressant drugs.
However, stringent regulations against the use of cough suppressants are expected to hinder the market progress.

Market Segmentation

By Drug Type, the global cough suppressant drugs market is segmented into dextromethorphan, codeine, noscapine, butamirate, benzonatate, pholcodine, and others. Codeine and Dextromethorphan are the most common and widely used cough suppressant in the market. However, the changing of safety labels to prevent addiction to Codeine may hinder its market. For instance, in January 2018, the U.S. FDA made safety label changes to limit the use of prescription containing codeine in cough and cold medicines for children younger than 18 years. Consequently, these products will no longer be prescribed for the pediatric population in the treatment of cough. February 2018, the Therapeutic Goods Administration in Australia, relabeled codeine as prescription-only medicine as regular use of codeine-containing medications may lead to its addiction. Previously, it was available as an over-the-counter medication.
By dosage form, the global cough suppressant drugs market is segmented into syrup, tablet, and others. The syrup segment holds the most significant market share is owing to it to its quick relief. However, the tablet share is fast-growing attributing to the recent new drug releases.
By age group, the global cough suppressant drugs market is segmented into pediatric and adult. Adult share holds the most significant segment was owing to restrictions on the medication which can be prescribed to the pediatric population.

Geographical Analysis

North America is the dominant share in the global Cough Suppressant Drugs market, and it is primarily attributed to factors such as various approvals to novel drugs by the FDA. Moreover, its broad base of the patient population and the established healthcare infrastructure and the rising disposable income and higher investment in R&D activities contribute to the growth of North America’s share.

Competitive Analysis

Key players are adopting strategies such as mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. New product launches along with increased focus on R&D are other ways the leading players improve their market presence.
December 2018, Aytu BioScience, a specialty pharmaceutical company focused on global commercialization of novel products addressing significant medical needs, announced the commercial availability of Tuzistra XR (codeine polistirex and chlorpheniramine polistirex) oral suspension, CIII. and has now shipped initial Tuzistra XR product supply to U.S. wholesalers for availability to retail pharmacies throughout the U.S.
November 2018, Aytu BioScience, entered an exclusive license with Tris Pharma for FDA-approved Tuzistra XR. Aytu BioScience also licensed complementary antitussive product with pending FDA approval.
March 2018, Perrigo Company received FDA approval for Mucinex DM Maximum Strength, which is indicated to control coughs and break up mucus.
2015, Vernalis and Tris Pharma received the U.S.FDA approval for the New Drug Application (NDA) for Tuzistra XR. The Tuzistra XR is a codeine-based extended-release oral suspension for cough-cold treatment.
2015, Tris Pharma, Inc. entered into a license, supply, and distribution agreement with Pfizer Consumer Healthcare (a part of Pfizer Inc.). According to the agreement, Pfizer Consumer Healthcare will commercialize Tris’ extended release dextromethorphan cough syrup under the Robitussin Brand.

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Coating Resins Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:47 pm 25 July 2020

Market Overview

The Global Coating Resins Market is expected to grow at a CAGR during the forecasting period (2019-2026).
Coating resins are organic compounds. These are coverings applied on the surface of the object with impart properties such as hardness, corrosion resistance, weather resistance, and stain resistance. These coatings are extensively used in furniture, automotive, marine, and protective applications. In recent years, the market has been developing new industrial bio-based coatings in standalone facilities. With this trend, the global coating resin market is expected to grow with a high CAGR during the forecast period.

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Market Dynamics

Growth in the construction industry is boosting the growth of the market. These are environment-friendly coatings used in architectural designs. For instance, they are majorly used in roadways marking owing to its weather resistance properties, which in turn is responsible for reducing the maintenance cost of roads. Also, coating resins has huge demand in wooden structures and furniture owing to the growing need to protect wooden structures from pests and humid conditions.
Additionally, growth in the automobile sector is also propelling market growth. Automotive manufacturers majorly use these automotive refinish coatings for passenger cars, light, and heavy-duty commercial vehicles to increase their lifespan. According to OICA, global automobile production between 2000 and 2017 was increased by approximately 25%.

Segment Analysis

Based on applications global coating resins market is segmented into automotive, construction, marine, wooden furniture and others. Of all these automotive applications accounted for a major market share. The automotive manufacturers are trying to establish manufacturing facilities in emerging countries due to low labor cost, favorable government regulations, and easy accessibility to the raw material. These manufacturers are increasingly shifting toward low-cost and high-performance OEM coatings. All these factors are driving the global coating resins market.
In the forecast period, the architectural coatings application is expected to grow at a higher CAGR. Booming construction activities, the rise in awareness about environmentally-friendly products and green environmental regulations are expected to drive the demand for architectural coatings. For instance, according to the World Bank the global expenditure from the construction industry is expected to reach USD 14 trillion by 2025.
Based on resin type the global coating resins market is broadly segmented as vinyl, polyurethanes, epoxy, acrylic, polyester resins and others. Among all these polyurethanes occupied the major market share. In the forecast period, it is expected to grow at a higher CAGR, owing to their usage in various applications such as refrigerators, dryer drums, and range cabinets. Also, the high-performance characteristics of polyurethanes, such as their ability to cure at lower-baking temperatures, and improved total coating solids, that is, the ability to obtain decreased volatile organic compound content are boosting the market further.

Geographical Analysis

The global coating resins market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific occupies the dominant share in the coating resins market and is expected to grow at a CAGR of XX% in the forecast period, owing to industrial development and improving economic conditions. Rapid growth in construction activities and an increase in the number of automobiles, shipbuilding, and wooden furniture are driving the market growth in this region. For instance, according to Korea shipbuilding association (KOSHIPA), the shipbuilding order volume in South Korea accounted for six million CGT in 2017, which is two million more than the previous year.

Competitive Analysis

Significant players in the global coatings resins market are Arkema S.A., BASF SE, Royal DSM N.V., Allnex Netherlands B.V., DowDuPont, Bayer AG, The Sherwin-Williams Company, Polynt SpA. Momentive Specialty Chemicals, Inc., The Dow Chemical Company, Evonik Industries AG and others. Most of these companies are planning to launch new products to maintain their share in the coating resins market. These companies are also aiming to invest in R&D for further market competitiveness.

Key Takeaways

In April 2016, Arkema increased the capacity of its powder coating resins manufacturing facility in North Kansas City, US by approximately 35%.
In July 2018, Royal DSM N.V., launched new Coating Resins website to provide insight about the performance and sustainability of various resins.
In January 2014, Arkema entered into a joint venture with Jurong Chemical (China), which led to the creation of Taixing Sunke Chemicals Co., Ltd., to accelerate the development of the Coating Solutions segment in China and Asia.

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Coating Equipment Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:47 pm 25 July 2020

Market Overview

The Global Coating Equipment Market is expected to grow at a CAGR of 5.65% during the forecasting period (2019-2026).
Coating equipment are used for coating or surfacing industrial parts, metals, components, products or materials to protect them from corrosion. Increase in the application of coatings in various industry sectors are driving the market, and it is predicted to grow at a robust CAGR over the forecast period.

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Market Dynamics

Growth in the automotive, construction industry is one of the major factors that is driving the market. These coatings are used to protect automotive products from corrosion caused due to the presence of fluorides/chlorides or organic acids, extreme temperatures, UV rays, chemicals, and abrasion or water. Thus, an increase in automotive vehicle production increases the demand for coating equipment. Also, these are used for corrosion control for structures and buildings made from steel and metals such as bridges, underground pipelines, buildings which will boost the market further.
For instance, according to OICA, the global production volume of automotives grew by approximately 25% between 2000 and 2017.
Coating equipment are expensive, and it requires large number of additional parts and accessories which further builds up the product cost. Also, high installation cost hinders the global coating equipment market.

Segment Analysis

Based on application the global coating equipment market is broadly segmented as automotive, aerospace, furniture, construction and others. Among all these, aerospace accounted for major market share and is expected to grow at a high CAGR over the forecast period. Coatings in the aerospace industry are used to enhance the performance and protect the substrates of aircraft components. The steady growth of the aerospace industry is boosting the growth of the coating equipment market. For instance, according to American Institute of Architects (AIA), in 2017, the US aerospace industry had exported aircrafts and engine parts, valued approximately USD 7,799 million.
Based on coating type the global coating equipment market is segmented into powder coating, specialty coating, liquid coating, and others. Among all these, powder coatings occupied the major market share and is projected to grow at the fastest rate during the forecast period. Using this type of coating, the excess material can be retrieved, which reduces the amount of waste. Additionally, the cost of applying powder coating is less than a liquid system in the long-term, and it has low volatile organic compound content.

Geographical Analysis

The global coating equipment market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific occupies the dominant share in the coating equipment market and is expected to grow at a CAGR of XX% in the forecast period. It is owing to continuous growth construction, automotive and manufacturing industries. Also, the shift of global competitors towards emerging economies due to rapid industrialization and cost-effective labor and low initial investments. Additionally, increasing investment by government in the transportation, building and infrastructure sectors. For instance, according to Construction Industry Council (CIC), it is expected that during 2017-2021, the Asia Pacific’s construction output will increase by 3.3%.

Competitive Analysis

Significant players of global coatings equipment market are Nordson Corp, OC Oerlikon, SATA, ASAHI Sunac Corp., Graco, Praxair surface technologies, Anest Iwata, J. Wagner, Carlisle Companies, WIWA Wilhelm Wagner and others. Majority of these companies have been adopting key strategies such as new product launches, acquisitions and mergers to expand its production and customer base and to maintain its share in the global coating equipment market. For instance, in September 2018, OC Oerlikon opened its second production center in Slovakia. In May 2018, Ionbond, a subsidiary of IHI Corporation, expanded its coating capacity at its coating service center in France. In July 2018, Carlisle Fluid Technology, a division of Carlisle Companies, opened its new building in Bournemouth, UK.

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Combine Harvesters Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:47 pm 25 July 2020

Market Overview

The Global Animal feed additives Market is expected to grow at a CAGR of 5.0% during the forecasting period (2019-2026).
A combine harvester is a machine designed for harvesting, threshing, separating, cleaning, and collecting grains during its movement through the standing crops.
Major benefits of combine harvesters over the traditional methods include minimal power utilization, improved grain yield, and grain quality.
Major crops harvested through combine harvesters include paddy, corn, sugarcane, and soya bean.

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Market Dynamics

Growing mechanization rate in agricultural harvesting activities is the major factor driving the global combine harvester market. The harvesting time and cost were lower when compared with individual machineries and manual labour. Decreased harvesting time and cost through combine harvesters led to increased net income. The net income of farmers through the usage of combine harvesters in comparison with manual and reaper methods increased by 22.50%. Increasing demand for custom hiring of combine harvester led to increased investment by the merchants and private parties. Harvesting by means of individual reapers and agricultural machinery led to shift in farmer interest towards combine harvesters. According to China Ministry of Agriculture and Rural Affairs, 80% of total reaping activities in wheat crops had been processed through combine harvesters in 2018. Furthermore, subsidies provided by governments over the purchase of combine harvesters in developing nations is expected to increase the sales of combine harvesters during the forecast period. Additionally, ongoing research activities in combine harvesters such as autonomous combine harvesters is expected to boost the market in future.
However, high purchase and maintenance cost associated with combine harvesters is hindering the growth of the combine harvesters market.

Segment Analysis

Global combine harvesters market is segmented on the basis of crop type into Paddy, Sugarcane, Soya bean, Maize, and others. Paddy is expected to dominate the global combine harvester market owing to a high presence of a large chain of harvesting which includes reaping, stacking, handling, threshing, cleaning, and hauling, economic factors associated with the conventional farming techniques. Growing plantations of paddy to meet the regional and global demand for rice in developed nations is expected to boost the global paddy combine harvester market. According to Foreign agriculture services of USDA, the global production of rice increased from 497.616 million tons in 2017 to 497.817 million tons in 2018 providing equal market growth for global combine harvester market.
By mobility, global combine harvesters market is segmented into self-propelled and PTO-operated. Self-propelled combine harvesters market dominate the mobility segment owing to low maintenance cost and high throughput efficiency properties over PTO-Operated Combines. Low-presence of agricultural mechanization ratio in South-East Asian countries led to increase in investment by the agricultural machinery rental service providers in self-propelled combines. The additional advantages of self-propelled combines over the PTO-operated combines includes better grain yield, grain quality thorough harvesting.

Geographical Presentation

By region, the global combine harvesters market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east, and America.
North America is expected to dominate the global combine harvesters market owing to the rising number of medium to large farms and increased adoption of machinery in agricultural practices. Lack of availability for labor in agricultural activities and increasing investment by the large-farm farmers led to an increase in sales for combine harvesters. Association of Equipment manufacturers stated that the YTD retail sales of self-propelled combines in the United States increased from 2,007 units in 2018 to 2,098 units in June-2019 YTD. High presence of larger farm and limited availability of agricultural labour led to an increase in sales of combine harvesters across the region.
Asia-Pacific combine harvesters market is expected to grow at a higher pace during the forecast period owing to high presence of paddy and wheat production and growing mechanization in agricultural sector. Gradual shift in agricultural mechanization in developing nations to meet the demand for agricultural products led to an increase in adoption of combine harvesters. High cost of the equipment and presence of small farm holders led to increased dependency of farmers over custom-hiring of combine harvesters. According to the United States department of agriculture in 2018, the average farm size in the United States accounted for 180 Hectares while that in china is approximately 2.4 hectares. Government initiatives by the developing nations such as India and Bangladesh for financial assistance over the purchase of agricultural machinery is expected to boost the Asia-Pacific combine harvesters market.

Competitive Analysis

The global combine harvesters market is consolidated, with major market players such as CLAAS, CNH Industrial N.V, Kubota Corporation, John Deere, and Company capturing a significant amount of market share. New product launches in autonomous combine harvester by major players in the market is expected to foresee in future targeting Asia-Pacific and North American regions.
Other players in the global combine harvesters market include AGCO Corporation, Yanmar Corporation, KS Group, Kartar Agro Industries Pvt Ltd.
New product launches with advanced farm-related preset such as wheat, maize, rice, and rapeseed are the key strategies adopted by the prominent players in the global combine harvesters market to improve their geographical presence and market share. For instance,
In May 2019, New Holland launched next-generation CX7000 and CX8000 elevation combines with Opti-Speed Straw walker technology, and various pre-sets (Wheat, maize, rapeseed, and rice).
On July 2019, Rusagro and Cognitive Technologies initiated testing of autonomous combine harvesters in the Belgorod region of Russia.

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Cloud Access Security Brokers Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:45 pm 25 July 2020

Market Overview

Global Cloud Access Security Brokers market is expected to grow at a CAGR of over 18% during the forecast period (2019-2026).
Rising adoption of cloud based applications and cloud migration are couple the key factors that are driving the global cloud access security brokers market.
Cloud access security brokers (CASBs) are on-premises or cloud-hosted software that sit between cloud service consumers and cloud service providers to enforce security, compliance, and governance policies for cloud applications. CASBs help organizations extend the security controls of their on-premises infrastructure to the cloud. The cloud access security brokers are the solutions that are cloud based and on-premises based solutions used to combine and implement enterprise security policies such as single sign-on service, authentication, credential mapping, encryption, tokenization, malware detection, device profiling and others.
The report covers all the major trends and drivers playing a vital role in the growth of the Cloud Access Security Brokers market. The global Cloud Access Security Brokers market has been segmented based on region, deployment, services, and vertical.

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Market Dynamics

The global Cloud Access Security Brokers market growth is primarily driven by rise in the adoption of hybrid cloud solutions. As the cloud computing market continues to grow, enterprises are exploring different cloud models in search of the right balance of functionality, flexibility and investment protection. In addition, rising concern among enterprises for the security of cloud based applications is also driving the market. Many organizations are moving towards the adoption of cloud technology, due to which they are in a need of strong network security, data security and threat management solutions that can be easily managed, identify threat, customized and provides security without control of any physically-oriented elements such as hardware. Other driving factor for cloud access security brokers is increasing demand for real-time security.
Storage of key information and data pertaining to companies, governments, and organizations needs to be backed with a strong net of security. Since cloud services offer enhanced security of storage, the demand within the global market for cloud access security services has been rising at a robust rate. Furthermore, the popularity of cloud software for storing huge amounts of data has also resulted in an increase in demand for cloud access security services.
However, limited awareness of CASB solutions for cloud based environment might hinder the market growth over the forecast period.

Market Segment Analysis

By service model, the global Cloud Access Security Brokers market is segmented into Infrastructure as A Service (IaaS), Platform as A Service (PaaS), Software as A Service (SaaS). In 2018, SaaS segment accounted for the largest market share in the global market. Software as a service (SaaS) is a software distribution model in which a third-party provider hosts applications and makes them available to customers over the Internet. However, the SaaS applications might contain malicious activities that may cause significant data loss. The cloud access security brokers solutions helps in minimizing the loss of data through control and regular monitoring of the cloud-based applications and cloud services.
By solutions, the global cloud access security brokers market is segmented into control and monitoring cloud services, risk and compliance management, data security, and threat protection. In 2018, data security dominated the global market and is expected to maintain its dominance over the forecast period. Data security segment is contributing significantly in the market due to the growth of complex applications and increasing workloads. Currently enterprises need to follow the regulatory compliance to monitor and control their data irrespective of the location. The data security solution segment is the core segment that prevents any kind of data leakage while moving from one place to another.

Regional Analysis

By geography, the global Cloud Access Security Brokers Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, North America accounted for the largest market share. However, APAC is expected to witness a higher CAGR than other regions during the forecast period. North America is a matured market in terms of cloud adoption, due to various factors, such as standards, regulations, advanced IT infrastructure, the presence of a large number of enterprises, and the availability of proficient technical expertise. Therefore, North America is expected to grow at a steady and maintain its dominant position in global market over the period.
APAC Cloud Access Security Brokers market is expected to grow exponentially over the forecast period due to an increased demand for cloud computing among small and medium-sized enterprises (SMEs). Countries like Singapore, which has seen ICT infrastructure as a key enabler in boosting the overall competitiveness in the region, based on creating new industries and new businesses, thereby encouraging economic growth. The city-state boasts a prime position among its neighbors’ when it comes to cloud computing adoption. In India, At present, it does not have a mature ecosystem that supports cloud SaaS/IaaS/PaaS services.

Competitive Analysis

Global Cloud Access Security Brokers Market is fragmented with the presence of global and regional players in the market. Major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability.
Some major players in the market are Bitglass, CipherCloud, Cisco, Forcepoint (Raytheon), McAfee, Microsoft Corporation, Netskope, Palo Alto Networks, Proofpoint, Symantec, and among others. These players have adopted various strategies, such as new product/service developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global Cloud Access Security Brokers market.
For instance, In 2016, Symantec completed acquisition of Blue Coat, Inc., a leading provider of web security for enterprises and governments worldwide. The acquisition of Blue Coat complements Symantec’s innovative product portfolio and creates the industry’s largest pure play cyber security company.

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Cloud Migration Services Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:45 pm 25 July 2020

Market Overview

The global cloud migration services market expected to grow at a CAGR of over 22% during the forecast period.
Enhanced business efficiency due to improved IT services offered by cloud computing coupled with introduction of pay-as-you-go model for small and medium enterprises (SMEs) by market players will further boost growth in global cloud migration services market.
Cloud migration is the process of partially or completely deploying an organization's digital assets, services, IT resources or applications to the cloud. Increasing awareness about business continuity, rising penetration of cloud computing and reducing operational costs are some of the key factors fueling market growth.
The report covers all the major trends and drivers playing a vital role in the growth of the Cloud Migration Services market. The global Cloud Migration Services market has been segmented based on region, deployment, services, and vertical.

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Market Dynamics

The global cloud migration services market growth is primarily driven by rise in the adoption of hybrid cloud solutions. As the cloud computing market continues to grow, enterprises are exploring different cloud models in search of the right balance of functionality, flexibility and investment protection. Hybrid cloud lets organizations provision, use, and manage IT resources across their on-site data center and a compatible public cloud. Factors such as increased speed of delivery of IT resources to end users, need for improved disaster recovery capabilities, improved resource utilization, and reducing IT capital expenses; are driving organizations to move workloads to hybrid cloud.
In addition, the key role of cloud migration is to host applications and data in the most effective IT environment possible, based on factors such as cost, performance and security. For example, many organizations perform the migration of on-premises applications and data from their local data center to public cloud infrastructure to take advantage of benefits, such as greater elasticity, self-service provisioning, redundancy and a flexible, pay-per-use model. These factors are further expected to drive tremendous growth in global cloud migration services market during the forecast period 2019-2026.

Market Segment Analysis

By deployment, the global cloud migration services market is segmented into public, private, and hybrid. In 2018, public cloud deployment segment accounted for the largest market share in the global market. Cloud technology enables developers to adopt Agile workflows, significantly reducing lead times in testing and deploying new products and releasing product updates. As a public cloud user, organizations aren’t responsible for managing cloud hosting solution. Cloud service provider is responsible for the management and maintenance of the data center(s) in which the data is stored. This means no lengthy procurement processes and no waiting around for operations to install operating system, configure and assemble servers, or establish connectivity.
By services, the global cloud migration services market is segmented into professional services (automation & integration, support & maintenance, disaster recovery, training & consulting) and managed services. The enterprises, which are adopting cloud migration services, are increasingly inclined toward deploying cloud-based solutions to run their critical business functions. In 2018, professional services held the majority share in the market. Disaster recovery sub-segment is expected to boost segment growth over the forecast period. Cloud disaster recovery (cloud DR) is a backup and restores strategy that involves storing and maintaining copies of electronic records in a cloud computing environment as a security measure. Generally, cloud providers charge for storage on a pay-per-use model, based on capacity, bandwidth or seat.

Regional Analysis

By geography, the global Cloud Migration Services Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, North America accounted for the largest market share. However, APAC is expected to witness a higher CAGR than other regions during the forecast period. North America is a matured market in terms of cloud adoption, due to various factors, such as standards, regulations, advanced IT infrastructure, the presence of a large number of enterprises, and the availability of proficient technical expertise. Therefore, North America is expected to grow at a steady and maintain its dominant position in global market over the period.
APAC cloud migration services market is expected to grow exponentially over the forecast period due to an increased demand for cloud computing among small and medium-sized enterprises (SMEs). Countries like Singapore, which has seen ICT infrastructure as a key enabler in boosting the overall competitiveness in the region, based on creating new industries and new businesses, thereby encouraging economic growth. The city-state boasts a prime position among its neighbors’ when it comes to cloud computing adoption. In India, At present, it does not have a mature ecosystem that supports cloud IaaS services. A few players from the service provider segment such as Tata Communications, Wipro and NetMagic have services that are likely to evolve into more stable cloud offerings.

Competitive Analysis

Global Cloud Migration Services Market is fragmented with the presence of global and regional players in the market. Major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability.
Some major players in the market are Cisco Systems, Amazon.com, Microsoft Corporation, IBM Corporation, Accenture, Tech Mahindra, NTT DATA, Inc., Vmware, Inc., WSM International LLC, RiverMeadow Software, Inc., and among others. These players have adopted various strategies, such as new product/service developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global cloud migration services market.
For instance, In February 2019, Wipro Limited launched QuMiC (Quick Migration to Cloud), a comprehensive platform designed to transform the way organizations migrate to Oracle Cloud. Using QuMiC, Wipro and Oracle aim to simplify and accelerate the journey to Oracle Cloud for their customers. Wipro is a Platinum level member of Oracle PartnerNetwork (OPN).
In July 2019, NTT DATA Services, announced it has become a Google Cloud Premier Partner, the highest status a Google Cloud partner can achieve. This milestone is a result of a multi-year collaboration and joint cloud investments between the two companies, as well as NTT DATA demonstrating a high level of competency with Google Cloud products.

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Chronic Immune Thrombocytopenia Market, Size, Share, Outlook and Growth Opportunities 2019-2026

8:43 pm 25 July 2020

Market Overview

The Global Chronic Immune Thrombocytopenia Market is expected to grow at a CAGR of 0.54% during the forecasting period (2019-2026).
Chronic Immune Thrombocytopenia (chronic ITP) is an autoimmune disorder in which patients produce antiplatelet autoantibodies and specialized white blood cells that destroy their blood platelets and, in some cases, damage their megakaryocytes, causing a decrease in platelet production.

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Market Dynamics

Growing demand for therapeutics for the treatment of rare blood related disorders, and increasing number of products approved by the Food and Drug Administration are some of the major factors driving the growth of the chronic immune thrombocytopenia (ITP) market globally. According to National Organization of Rare Disorders (NORD), the incidence of ITP among adults in the USA is estimated to be 3.3 per 100,000 adults/year. The prevalence is 9.5 cases per 100,000. The incidence of ITP increases with age and is more common over the age of 60. Among adults (age 30-60) diagnosed with chronic ITP, there are 2.6 cases among women for every case involving a male.
Several pharmaceutical companies conducting research in rare diseases arena have received approvals from the FDA recently which is boosting the growth of the chronic immune thrombocytopenia market. For instance, in June 2019, the FDA approved Avatrombopag (Doptelet, Dova Pharmaceuticals) for the treatment of adults with chronic immune thrombocytopenia. In April 2018, the FDA approved Tavaliss, an oral spleen tyrosine kinase (SYK) inhibitor which acts by impeding platelet destruction. In December 2018, FDA approved Nplate (Romiplostim) for the treatment of pediatric patients with chronic immune thrombocytopenia (ITP). In August 2018, Lusutrombopag received FDA approval to treat thrombocytopenia adults with chronic liver disease.
In addition, increasing drugs in pipeline offers growth opportunities in the chronic immune thrombocytopenia (ITP) market. Argenx’s Efgartigimod is currently (August 2019) tested in Phase 2 clinical trials in immune thrombocytopenia (ITP). Rigel Pharmaceuticals, Inc. manufactures drugs for treatment of rare diseases, immune, hematologic disorders, and cancer. Phase 1 study of R835 and Phase 3 study with fostamatinib in autoimmune hemolytic anemia are major pipelines of the company.
However, despite the increasing use of Thrombopoietin Receptor Agonist (TPO-RA), many patients remain refractory to available treatments. Current research is focused on combining therapies to address multiple mechanisms of disease simultaneously which may result into which may result into improved response rates and less toxicity.

Market Segmentation

On the basis of drug class, the global chronic immune thrombocytopenia market is segmented into Immunoglobulin, Thrombopoetin (TPO) Receptor Agonist, Steroids, Platlet Stimulating Agents, and others. Among these, Steroids holds significant market share in 2018 and estimated to grow at a CAGR of 5.74% during the forecast period. There are two main types of steroids: corticosteroids and anabolic-androgenic steroids (or anabolics for short). Corticosteroid drugs, like prednisone, are the standard initial treatment for patients with immune thrombocytopenia ITP. They prevent the destruction of platelets by macrophages within the spleen and liver thereby increasing platelet levels. Corticosteroids are usually prescribed as a short-term treatment (3–4 weeks) because long-term use leads to significant side effects that outweigh the benefits of reducing the risk of serious bleeding.
Chronic ITP is cured either when the platelet count falls below 30,000, or when there is bleeding. A steroid (such as prednisone) is the first treatment; if steroids do not keep the platelet count above 50,000, then it is treated with intravenous gamma globulin. If these treatments are not effective and the platelet count remains dangerously low or there is bleeding, other options such as removal of the spleen (splenectomy), treatment with rituximab (Rituxan), Romiplostim (Nplate) or Eltrombopag (Promacta, Revolade) are preferred. If these initial treatments aren't effective, tranfusions, fostamatinib (Tavalisse), danazol (Danocrine) or immune-suppressing medications (such as azathioprine (Imuran), cyclophosphamide (Cytoxan, Neosar), or vincristine (Oncovin and others)) may be recommended. Combinations of these treatments may be effective when individual treatments are not.

Geographical Analysis

North America holds the dominant market share for Chronic Immune Thrombocytopenia in 2018, and it is expected to maintain the growth over the forecast period, owing to the rising prevalence of immune thrombocytopenia, availability of treatment options and existence of effective reimbursement policies. According to the National Organization for Rare Disorders (NORD), the prevalence of immune thrombocytopenia among adults in the US is estimated to be 3.3 per 100,000 adults/year. In the United States, an estimated 30,000 new cases of ITP are diagnosed each year. Approximately 70% of adults with ITP are women, and 70 percent of these women are under the age of 40 when diagnosed.
The Europe Chronic ITP market is also growing at a significant CAGR during the forecast period, due to increasing cases of chronic ITP coupled with rising research activities for the treatment of chronic ITP. The European Medicines Agency (EMEA) has recognized chronic immune thrombocytopenia (ITP) as an orphan disease, with nearly 50,000 adult patients with chronic ITP in the European Union.

Competitive Landscape

The Chronic ITP market is concentrated by few major players holding significant share in the market. Some of the major players in the chronic immune thrombocytopenia market are: Novartis AG, Dova Pharmaceuticals, F.Hoffmann-La Roche Ltd., CSL Limited, Amgen Inc., Kyowa Hakko Kirin Co., Ltd., Shionogi Inc., Rigel Pharmaceuticals, Inc., Jiangsu Hengrui Pharmaceutical Co., Ltd., and Shire and Ligand Pharmaceuticals, Inc.
The players are engaged in development of more effective chronic ITP drugs to remain competitive in the global market. The key players are adopting various growth strategies such as product launches, mergers & acquisitions, partnerships, and collaborations which are contributing to the growth of the Chronic Immune Thrombocytopenia market globally. For instance,
In June 2019, the FDA approved Avatrombopag (Doptelet, Dova Pharmaceuticals) for the treatment of adults with chronic immune thrombocytopenia.
In December 2018, FDA approved Nplate (Romiplostim) for the treatment of pediatric patients with chronic immune thrombocytopenia (ITP).
In August 2018, Lusutrombopag received FDA approval to treat thrombocytopenia adults with chronic liver disease.
In April 2018, the FDA approved Tavaliss, an oral spleen tyrosine kinase (SYK) inhibitor which acts by impeding platelet destruction.

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About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

For more information:

Sai Kiran

Sales Manager at DataM Intelligence