Monday, 10 September 2018

Digital Sphygmomanometer Market Growth Outlook With Industry Review and Forecasts by 2025

This report on global digital sphygmomanometer studies the market in terms of various types and technology. Rising prevalence of chronic diseases such as cardiovascular diseases, diabetes, obesity, respiratory diseases and other illness which requires initial blood pressure monitoring. The digital sphygmomanometers provide customer satisfaction as it is portable, easy to operate, gives accurate and precise reading and since most of the critical operations are done automatically during the recording process there is minimal chance for human error. Technological advancement in the blood pressure monitoring segment such as wireless data transmission linked with the healthcare apps which makes it feasible to record the blood pressure of patients in homecare and remote areas. The limiting factors related to this market are the devices are very sensitive and delicate and needs proper technique while handling, continuous recalibration of the devices is required and the maintenance cost is quite high.
For the purpose of this study, the various types studied includes arm type and wrist type. Technology studied for the purpose of this research includes full-automatic sphygmomanometer and semi-automatic sphygmomanometer. Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.
Geographic segmentation of the global digital sphygmomanometer market is performed for the regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The regions are also further sub-segmented on the basis of major countries:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of LATAM
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa
Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year. Further cross-sectional information in terms of types and technology is also provided in the study for individual country and regional markets.
This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global digital sphygmomanometer market. Market attractiveness assessment, Porter’s five forces model and competitive landscape analysis by key players are also presented in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the global digital sphygmomanometer market. The major players in global digital sphygmomanometer market are American Diagnostic Corporation, A&D Medical, Beurer GmbH, Bosch + Sohn GmbH & Co. KG, Briggs Healthcare, ChoiceMMed America Co., Koninklijke Philips N.V., Omron Corporation, SunTech Medical, Inc. and Welch Allyn.
Digital Sphygmomanometer Market
Based on type, the global digital sphygmomanometers market is categorized into:
  • Arm Type
  • Wrist Type
Digital Sphygmomanometer Market
The digital sphygmomanometers market is driven by key factors such as rising prevalence of cardiac complications such as hypertension, hypotension cardiac arrhythmia, and diabetic cardiomyopathy and initial blood pressure monitoring in any illness. Digital sphygmomanometers provides consumer satisfaction as it is easy to handle, precise, accurate reading, better access to healthcare, peace of mind, and daily assurance. Presently arm type digital sphygmomanometers holds the largest market share due to key drivers such as rising prevalence of chronic diseases such as cardiovascular complications, pulmonary diseases etc. and the point of measurement is closer to the heart which gives accurate measurement of the blood pressure which helps in rapid diagnosis and early intervention by the physician. Wrist type sphygmomanometers shows a promising sales forecast and will be the fastest growing market majorly due to factors such as its wide application in measuring blood pressure in obese patients as cuffs are too small for the intended arm size which gives false high blood pressure readings and in geriatric patients who experience pain in their arms when the cuffs are inflated during blood pressure measurement. The major players in digital sphygmomanometers market are American Diagnostic Corporation, A&D Medical, Beurer GmbH, Bosch + Sohn GmbH & Co. KG, Briggs Healthcare, ChoiceMMed America Co., Koninklijke Philips N.V., Omron Corporation, SunTech Medical, Inc. and Welch Allyn.
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Elastomeric Infusion Pumps Market to Record Sturdy Growth by 2025

Elastomeric infusion pumps are disposable medical devices used for administration of liquid drugs such as analgesics, antibiotics, chemotherapy medications etc. Rise in adoption of elastomeric pumps is attributed to driving factors such as growth in demand for disposable ambulatory pumps, rising preference for long-term home healthcare, growing hospitalization rates and evolving reimbursement policies.
The report titled “Global Elastomeric Infusion Pumps Market- Growth, Future Prospects and Competitive Analysis, 2017–2025” offers strategic insights into the overall elastomeric infusion pumps market along with the market size and estimates for the duration 2017 to 2025. The research study covers in-depth analysis of market segments based on pump type, application, usage area and different geographical region.
In order to help strategic decision makers, the report also includes competitive profiling of the leading players in global elastomeric infusion pumps market, attractive investment proposition and market positioning of key manufacturers sections. Geographically, the global elastomeric infusion pumps market is studied for the following regional markets:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
  • Middle East and Africa
Market size and forecast for these regional and country level markets are presented in this study for the period 2015-2025. Market growth rates for the forecast period 2017-2025 are also included in this report, considering 2016 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global elastomeric infusion pumps market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global elastomeric infusion pumps market. This report concludes with company profiles section that highlights major information about the key players engaged in global elastomeric infusion pumps market. In-depth competitive environment analysis and historical years (2015) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global elastomeric infusion pumps market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.
Elastomeric Infusion Pumps Market
Based on the type of pumps the elastomeric infusion pumps market is segmented as follows:
  • Continuous Rate Pumps
  • Variable Rate Pumps
Elastomeric infusion pumps are non-electric medication pumps that are used to deliver fluids such as analgesics, antibiotics, cytostatins, and anesthetics. It was observed that, elastomeric infusion pumps have gained wide acceptance to provide postoperative analgesia in the recent years. A few published studies suggested that patients are shifting towards elastomeric devices rather than electronic pumps due to their low weight and size, user friendly nature, and less sleep interference. These infusion pumps are calibrated under different conditions, viscosity of fluid, including operating temperature and pressure, backpressure, and time recommended between filling of the device and beginning of the infusion. The two major types of elastomeric infusion pumps are continuous rate pumps, and variable rate pumps, in which continuous rate pumps accounted for the largest market share in 2016. The key factors driving the continuous rate pumps market are due to its wide usage in treatment, products have been evolved over the period of time and currently provide efficient performance, and its rising application in the cancer treatment. However, during the forecast period 2017 – 2025, variable rate pumps were observed as the fastest growing segment in the overall market.
Elastomeric Infusion Pumps Market
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Global Acquired Hemophilia Treatment Market size, growth and comparison by regions, types and applications

According to National Organization of Rare Disorders (NORD), acquired hemophilia is a rare autoimmune disorder characterized by bleeding that occurs in patients with a personal and family history negative for hemorrhages. In acquired hemophilia, the body produces antibodies that attack clotting factors, most often factor VIII. Medical practitioners suggest that, acquired hemophilia can potentially cause life-threatening bleeding complications in severe cases and in around 50% of cases, there is an identifiable underlying clinical condition; in the other 50% no cause is known i.e. idiopathic.
The report titled “Global Acquired Hemophilia Treatment Market - Growth Future Prospects and Competitive Analysis, 2016–2023” offers strategic insights into the overall acquired hemophilia treatment market along with the market size and estimates for the duration 2016 to 2023. The said research study covers in-depth analysis of multiple market segments based on type of therapeutics, and different geographical region. The therapeutic type segment studied for analyzing the overall acquired hemophilia treatment two major categories such as traditional therapies and advanced therapies. The traditional therapies are further sub-categorized into steroid treatment, cytotoxic treatment and immunomodulatory treatment. The advanced therapies is further segmented into Desmopressin, Recombinant Activated Factor VII/NovoSeven, Recombinant Activated Factor VIII/Obizur, and Activated Prothrombin Complex Concentrate (aPCC)/ FEIBA.
In order to help strategic decision makers, the report also includes competitive profiling of the leading players in acquired hemophilia treatment market, attractive investment proposition market positioning of key manufacturers sections. Other in-depth analysis provided in the report includes:
Geographically, the global acquired hemophilia treatment market is studied for the following regional markets:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
  • Middle East and Africa
Market size and forecast for these regional and country level markets are presented in this study for the period 2013-2023. Market growth rates for the forecast period 2016-2023 are also included in this report, considering 2015 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global acquired hemophilia treatment market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global acquired hemophilia treatment market. This report concludes with company profiles section that highlights major information about the key players engaged in global acquired hemophilia treatment market. In-depth competitive environment analysis and historical years (2013 & 2014) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global acquired hemophilia treatment market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.
Acquired Hemophilia Treatment
Based on the type of therapeutics, the acquired hemophilia treatment market is segmented into:
  • Traditional Therapies
    • Steroid Treatment
    • Cytotoxic Treatment
    • Immunomodulatory Treatment
  • Advanced Therapies
    • Desmopressin
    • Recombinant Activated Factor VII/NovoSeven
    • Recombinant Activated Factor VIII/Obizur
    • Activated Prothrombin Complex Concentrate (aPCC)/ FEIBA
According to National Organization of Rare Disorders (NORD), acquired hemophilia is a rare autoimmune disorder characterized by bleeding that occurs in patients with a personal and family history negative for hemorrhages. In acquired hemophilia, the body produces antibodies that attack clotting factors, most often factor VIII. Treatment strategies that are applied against acquired hemophilia are based on two major objectives. The primary objective is effective control of bleeding manifestations during acute bleeding episodes. The secondary and ultimate therapeutic objective is to eliminate the inhibitor and cure the disease. The acquired hemophilia treatment market on the basis of therapeutics has been segmented into two major categories such as traditional therapies and advanced therapies. The traditional therapies are further sub-categorized into steroid treatment, cytotoxic treatment and immunomodulatory treatment. The advanced therapies is further segmented into Desmopressin, Recombinant Activated Factor VII/NovoSeven, Recombinant Activated Factor VIII/Obizur, and Activated Prothrombin Complex Concentrate (aPCC)/ FEIBA. The advanced therapies held the largest segment due to introduction of novel therapies for the treatment of acquired hemophilia. Activated Prothrombin Complex Concentrate (aPCC)/ FEIBA held the largest market in 2015, due to better patient compliance, a prospective study reported that 100% patients had excellent hemostasis with FEIBA administration. However, the market for traditional therapies is expected to grow at a stable rate during for forecast period due to patent expiration of advanced therapy drug and introduction of breakthrough drugs that are currently in the clinical study.
Acquired Hemophilia Treatment
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Automatic Vehicle Identification (AVI) Systems Market examined in new market research report

Automatic vehicle identification (AVI) systems refers to the deployment of various solutions for automatic validation of vehicles with the use of various smartcards, tags, readers and cameras. AVI systems are widely used in numerous applications such as access control, electronic toll collection and traffic management across the world. The deployment of AVI systems ensures protection of various buildings and sensitive sites by controlling and monitoring physical access to various vehicles seeking to gain entrance into a facility. In addition, deployment of AVI systems enables building management and administrators to streamline and optimize vehicle traffic flow in order to ensure better physical security of the facility. Furthermore, AVI systems offer other advantages such as monitoring attendance and parking space management in the facility. Thereby, AVI systems have offered a viable solution for organizations to deploy enhanced security features at numerous entry points while causing minimal inconvenience to the incoming vehicular traffic. Automatic vehicle identification (AVI) systems encompass various hardware, software and services used for identification, validation and authorization of vehicle entry into the facility. The hardware segment comprises various access credentials, readers and cameras which are used for detection, identification and authorization of vehicles. A combination of the above mentioned components can be deployed at entry and exit points to ensure utmost physical security. In addition, various rule based entry systems can be created with the use of access control management software. The services segment encompass various design, implementation and maintenance services associated with the deployment of AVI systems.
End-users can choose from a wide array for identification technologies to be deployed at entry points. Depending on the level of security required and existing infrastructure, organizations can make use of technologies such as automatic number plate recognition (ANPR), proximity technology, ultra high frequency (UHF) technology and microwave technology. Moreover, organizations can deploy systems using passenger identification, vehicle identification or integrated systems to achieve higher level of authorization. Such combinations of component and technology have led to higher affordability and popularity of AVI across the world. Thereby, the market has witnessed increased penetration in various sectors including residential, commercial, government and defense and industrial complexes.
Automatic vehicle identification (AVI) systems have become pivotal for various institutions all across the world due to rising threats, physical attacks and damage. Organizations from various end-use industries including banking and finance, education, healthcare, commercial, government, manufacturing and industrial, retail, events, transportation, residential, utilities and energy, among others seek to deploy physical security solutions to ensure safety for the property and personnel. In addition, rising threat of terrorism all across the globe has made it imperative for various organizations and governments to invest in latest and advanced security solutions to ensure public and private safety of physical sites and people visiting or working there. Some of the factors restraining the growth in this market include high initial costs, and lack of technological awareness, among others. However, with increasing demand for security and rising threats against numerous government and commercial buildings across the world, the overall AVI systems market is expected to witness substantial growth during the forecast period.
Automatic Vehicle Identification (AVI) Systems Market
The report titled “Global Automatic Vehicle Identification (AVI) Systems Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global AVI systems market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on component (hardware, software and services), identification technology, end-use and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report covers a section providing analysis on the types of AVI systems deployed at various end-use applications to ensure efficient traffic flow and effective security.
In order to help strategic decision makers, the report also includes competitive profiling of the leading providers of AVI systems, market positioning and key developments. Some of the major players profiled in the report are Nedap N.V., Confidex Ltd., STid, SHANGHAI RFIDHY TECH. CO., LTD. SMARTRAC N.V., Gilbarco, Inc., NXP Semiconductors N.V., TagMaster AB, TIBA LLC. and Orpak Systems Ltd.
Other in-depth analysis provided in the report includes:
  • Current and future market trends to justify the forthcoming attractive markets within the AVI industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global AVI systems market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: +1-800-361-8290
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Friday, 10 August 2018

Poultry Health Market Size, Share, Growth and Forecast to 2018 | Leading Players are Thermo Fisher Scientific, Biocheck Smart Veterinary Diagnostics, MEGACOR Diagnostik

The latest market report published by Credence Research, Inc. “Poultry Health Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global poultry health market was valued at US$ 6,152.1 Mn in 2017 and expected to reach US$ 11,506.3 Mn by 2026, expanding at a CAGR of 7.1% from 2018 to 2026.
Browse the full report Poultry Health Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  https://www.credenceresearch.com/report/poultry-health-market
Market Insights
Poultry considered as among the fastest progressing livestock segment and the most thriving industry worldwide. Over the past few years, the concept of maintaining optimum health of the flock, rearing antibiotic free and organically fed birds has been gaining importance. Consumption of leaner white meat as against meat from cattle has been a prominent pattern that is being consistently witnessed in the market. Changing lifestyle and food habits of consumers and growing demand for protein rich diet solutions have also fueled the urge to rear healthy flock and thereby drive the poultry health market. Such trends have led to growing consumption of feed additives, parasiticides, and vaccines in poultry farming.
The overall poultry health market is highly fragmented, with the presence of several multinational and local players. Rapid penetration of international players in emerging markets of Latin America and Asia Pacific, introducing their products at competitive prices has further intensified the market competition. The market incumbents are further expected to enhance their hold in the market through intensive expansion of product portfolio and penetration in agrarian economies. The market players are also anticipated to enhance their competence in research and development with the intention to introduce technologically advanced solutions at reduced prices.
Industry Outlook
The global poultry health market is expected to reach US$ 11,506.3 Mn by 2026, and exhibit steady compound annual growth rate of 7.1% during the forecast period from 2018 to 2026. Good poultry health management is essential for poultry production since culturing a flock with best genetic potential will not grow efficiently if they are diseased or infected. Infectious disease causing agents spread very quickly through the flock due to high stocking densities in poultry farms. Therefore, for effective poultry health management, the basic aim is prevention of infection or parasite onset, or discovery at an early stage; and early treatment. As the global population is consistently increasing, the demand for livestock and animal products is also correspondingly growing. Changing lifestyle, high demand for protein and lean foods has led to growing uptake of poultry food items. The poultry health market mainly comprises drugs and diagnostic tools used for ensuring poultry flock bred for consumption such as chicken, geese, ducks, turkey and so on.
Market Synopsis
Poultry Health Market
Impetus on Disease Prevention to render Dominant Status to Vaccines
Meat consumers are becoming increasingly concerned about food safety. Several local and international standards have been put in place for avoiding undesirable substances in food derived from different animals. Evidence is also available suggesting that chicken is the most prominent carrier of microorganisms causing food poisoning in humans. Risk of infection from salmonella and campylobacter has been posing as a concern for both consumers and producers. Regulations have been formulated for preventing diseases in poultry birds and vaccines are opined to be crucial in providing immunity from infections. The demand for poultry vaccines is also driven by growing poultry production, greater government initiatives towards livestock immunization and human wellbeing and heightening demand for white meat. Technological evolution in vaccine manufacturing and growth in poultry healthcare spending are other prominent factors fueling the poultry vaccines market.
Poultry Health Market
Introduction of DNA Vaccines to Shape the Future Roadmap of the Global Market
With the outbreak of critical diseases such as Newcastle disease, respiratory infections and avian influenza, poultry farmers are increasingly opting for preventive diagnosis of the flock. This not just ensures healthy production but also avoid catastrophic losses to farmers. Technological advancement has also led to introduction of novel vaccines in the market that were previously unavailable. For instance, Merck Animal Health has an active project involving the use of electron beam to inactivate Clostridium perfringens, which will create the novel vaccine to control necrotic enteritis in flock. In November 2017, the U.S. FDA granted approval to first DNA vaccine by AgriLabs for controlling avian influenza. Introduction of DNA vaccines has been opined to be a major milestone in realizing the importance of vaccines in poultry health. DNA vaccines have rapid response and can be manufactured faster than conventional counterparts, therefore to play a promising role during the forecast period.
Poultry Health Market
  1. Preface
    1.1. Report Description
    1.1.1. Study Purpose
    1.1.2. Target Audience
    1.1.3. USP and Key Offerings
    1.2. Market Segmentation
    1.3. Research Scope
    1.4. Research Methodology
    1.4.1. Phase I – Secondary Research
    1.4.2. Phase II – Primary Research
    1.4.3. Phase III – Expert Panel Review
    1.4.4. Assumptions
    1.5. Market Segmentation
  2. Executive Summary
    2.1. Global Poultry Health Market Portraiture
    2.2. Global Poultry Health Drugs Market, by Drug Type, 2017 (US$ Mn)
    2.3. Global Poultry Health Diagnostics Market, by Type, 2017 (US$ Mn)
    2.4. Global Poultry Health Market Share, by Geography, 2017 (US$ Mn)
  3. Global Poultry Health Market: Dynamics and Future Outlook
    3.1. Overview
    3.2. Drivers
    3.2.1. Growing Meat Consumption Worldwide
    3.2.2. Driver 2
    3.3. Challenges
    3.3.1. Challenge 1
    3.3.2. Challenge 2
    3.4. Opportunities
    3.4.1. Opportunity 1
    3.5. Attractive Investment Proposition, by Geography, 2017
    3.6. Competitive Landscape
    3.6.1. Competitive Analysis: Global Poultry Health Drugs Market, by Key Players, 2017
    3.6.2. Competitive Analysis: Global Poultry Health Diagnostics Market, by Key Players, 2017 ...

Machine Tools Market Size, Share, Outlook and Forecast to 2018 | Leading Players are DANOBAT Group, Delapena Group, Doosan Machine Tools Co., Ltd., FANUC Corporation

According to a new market research report published by Credence Research “Machine Tools Market (Control Type – Conventional Machines and CNC Machines; Product Type – Metal Cutting Tools (Drilling & Boring, Lathe, Milling & Machining Centers, Grinding, Lapping, Honing & Polishing Machines and Gear Cutting.) and Metal Forming Tools (Bending & Forming, Punching & Shearing, Metal Working Presses and Stamping); Industry Verticals – Automotive, Aerospace & Defense, Electrical & Electronics Manufacturing, Consumer Goods Manufacturing, Machine Tools & Parts Manufacturing, Shipbuilding Others) – Growth, Future Prospects and Competitive Analysis, 2018 - 2026”, the global machine tools market is set to hit US$ 120 Bn mark by 2026.
Market Insights
The overall machine tools market is highly governed by the continually rising industrial manufacturing and processing sector worldwide. Asia Pacific estimated to remain the frontrunner in the market throughout the forecast period with strong industrial sectors across China, Japan, South Korea, Southeast Asia and India. The region contributes to more than 50% of the total market value generated worldwide, with China being the largest country-level market. The region has portrayed tremendous growth in industrial manufacturing sector since the past few decades, making it the largest consumer as well as producer of machine tools. With rapidly growing manufacturing sector in India and Southeast Asian countries, the region would retain its dominant position in the market over the forecast period.
On the basis of product type, the machine tools market is led by metal cutting segment accounting for more than 60% of the total market value. The segment comprises machine tools such as drilling & boring, lathe, milling & machining centers, grinding, lapping, honing & polishing machines and others. Based on industry verticals, automotive, consumer goods manufacturing and machine tool & parts manufacturing represent the most promising segments. Further, based on geography, the market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). The market is currently led by Asia Pacific owing to factors such as huge industrial sector and large number of machine tools manufacturers. The market here is mainly backed by China and Japan. With rapidly growing industrial manufacturing sector in India and Southeast Asia, the region would also exhibit the highest growth rate during the forecast period.
Some of the major players profiled in the report include 3M Company, Allied Machine & Engineering Corporation, Amada Machine Tools, ANCA Pty Ltd., Komatsu Ltd., JTEKT Corporation, Shenyang Group, Schuler Group, Dalian Machine Tool Group Corporation, DANOBAT Group, Delapena Group, Doosan Machine Tools Co., Ltd., FANUC Corporation, Junker Group, Kellenberger & Co. AG, Korber AG, Koyo Machinery, Okuma Corporation, Toyoda Americas, WMW Machinery and others.
Robust Industrial Manufacturing & Processing Sector in Asia Pacific to Ensure Promising Growth for Machine Tools Market
Machine tools market was valued at US$ 83.70 Bn in 2017 and expected to continue growing with a CAGR of 4.5% during the forecast period from 2018 to 2026. The market is highly driven by the consistently rising industrial manufacturing sector worldwide. Revival of the automotive industry (in terms of production) has played a major role in ensuring robust demand for related machine tools. Further, availability of wide range of machine tools in CNC as well as manual control configuration has ensured strong penetration of these tools across wide array of industrial verticals. With consistent efforts by the manufacturers towards betterment of products, the market would continue exhibiting strong growth over the forecast period. The market is mainly governed by Asia Pacific, Western Europe and the U.S., collectively commanding over 80% of the global market.
Market Synopsis
Machine Tools Market
Metal Cutting Machine Tools Segment to Retain Dominant Position
The metal cutting tools segment led the overall machine tools market worldwide in 2017, contributing to nearly 2/3rd of the total market value. Industrial sectors including automotive, aerospace & defense, machine tools & parts manufacturing and several others have material cutting as a major application. With consistent growth observed across these verticals, the metal cutting tools segment would continue exhibiting promising growth over the forecast period. The segment comprises variety of machines including drilling & boring, lathe, milling & machining centers, grinding, lapping, honing & polishing machines and others.
Machine Tools Market
Asia Pacific Dominates the Market with More than 50% Market Share
Asia Pacific leads the overall machine tools market worldwide, accounting for more than 50% of the total market value, as of 2017. Presence of huge industrial manufacturing sector encompassing automotive, aerospace & defense, parts manufacturing, electrical & electronics and several others, primarily govern the market here. Due to factors such as abundant availability of resources and cheap labor, the manufacturing sector here is expected to continue flourishing over the following years, thereby enabling the region to retain its dominance. China plays the most prominent role in Asia Pacific as well as the global machine tools market. With continued expansion in its manufacturing sector over the decades, China has emerged as the world’s largest consumer as well as producer of machine tools.
Europe follows Asia Pacific, in terms of revenue, in the overall machine tools market. Prominent markets for machine tools in the region include Germany, Italy, France, the U.K., Spain, Russia and Poland among others. The demand here is mainly backed by the presence of automotive, aerospace and electrical & electronics manufacturing sector. Further, North America is expected to portray promising growth over the forecast period. During August 2017, the U.S. manufacturing companies purchased (ordered) machine tools worth nearly US$ 380 Mn, registering growth of 14.3% as compared to August 2016. This is attributed to continued growth in industrial production here since the year 2016.
Machine Tools Market
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Machine Tools Market
2.2 Global Machine Tools Market, By Control Type, 2017 (US$ Bn)
2.3 Global Machine Tools Market, By Product Type, 2017 (US$ Bn)
2.4 Global Machine Tools Market, By Industry Vertical, 2017 (US$ Bn)
2.5 Global Machine Tools Market, By Geography, 2017 (US$ Bn)
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Machine Tools Market Value, 2016 – 2026, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography, 2017
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Machine Tools Companies, 2017
3.6.2 Key Strategies Adopted by the Leading Players ...

Enterprise Social Networks And Online Communities Market Size, Share, Trends and Forecast to 2018 | Leading Players are Telligent, Inc., Mzinga, Inc., Sprinklr, Inc., SAP SE, Lithium Technologies, Inc., TIBCO Software, Inc.

According to a new market research report published by Credence Research “Enterprise Social Networks And Online Communities Market (Deployment Model – On-premise and Cloud-based; Enterprise Size – Small Enterprises (Upto 250 Employees), Medium Enterprises (251 to 500 Employees) and Large Enterprises (Above 500 Employees); Industry Verticals – Healthcare, IT & Telecom, Banks, Financial Services & Insurance (BFSI), Government, Retail & Hospitality and Others (Manufacturing, Energy & Utilities etc.)) – Growth, Future Prospects and Competitive Analysis, 2018 - 2026”, the global enterprise social networks and online communities market is set to exhibit double digit growth during the forecast period from 2018 to 2026.
Market Insights
Enterprise social networks and online communities market expected to witness rapid growth owing to factors such as increasing efforts by organizations towards enhanced employee interaction (expenditure on intranets) and growing impact of social media over people. Over the past few years, social media platforms have undergone swift rise with over 2.5 Bn active users in 2017 up from nearly 1.0 Mn in 2010. Considering the strong impact of social media over people, enterprise social media networks have emerged highly promising for improving employee cooperation and efficiency.
Enterprise social networks offer numerous benefits including improved document collaboration, establishing healthy discussions among the employees and enhanced employee communication among others. In addition, market players have higher emphasis on continual release of updated versions with an aim of simplifying the platform for better convenience and user experience. This enables the companies to establish healthy environment among the employees, thereby retaining talent and improving productivity. Similarly, these networks are designed for both internal as well as external communication. This helps employees to invite client representatives located outside the organization to engage in conversation for better service.
Some of the major players profiled in the report include IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Jive Software, Inc., Google, Inc., Communispace Corporation, VMware, Inc., Socialtext, Inc., Telligent, Inc., Mzinga, Inc., Sprinklr, Inc., SAP SE, Lithium Technologies, Inc., TIBCO Software, Inc., Convo, Salesforce.com, Inc., Zyncro Tech SL and others.
Growing Investment towards Enhanced Employee Collaboration to Bolster the Enterprise Social Networks & Online Communities Market
The overall enterprise social networks & online communities market expected to demonstrate double digit CAGR during the forecast period from 2018 to 2026, up from US$ 2,562.3 Mn in 2017. Enterprise social networks and online communities have significantly enhanced internal collaboration among the employees due to ease of information sharing and communication. The most prominent factor responsible for introduction of social networks in corporate sector is the continually growing user base of social media worldwide. As of 2017, a person on an average spends more than 2½ hours every day on social media websites globally. Subsequently, enterprise social media has emerged as a powerful tool capable of transforming internal collaboration in corporate sector.
Enterprise social networking technology allows employees to connect, collaborate, and exchange learnings, informally over an online platform. The concept of introducing social media in enterprises focuses on encouraging socializing and sharing among people rather than broadcasting information to the masses. The market has been gaining rapid traction due to the immense convenience in communication offered to employees. This may include sharing information as short messages, documents, updates, links and videos with other interested employees.
With consistently growing penetration of cloud-based services, these social networks and online communities are made available on software as a service (SaaS) basis. Similarly, market players also offer on-premise installation of these platforms for enterprises seeking higher data security. Nevertheless, dominance of conventional communication and collaboration tools such as Instant Messaging, Emails, SharePoint, Skype and others remain as major challenge for the market growth.
Market Synopsis
Enterprise Social Networks & Online Communities Market
Cloud-based Enterprise Social Network Platforms to Witness Higher Growth over the Forecast Period
The overall enterprise social networks and online communities market is primarily governed by large enterprises. Thus, majority of the companies prefer installing on-premise solution for ensuring higher level of data security. In 2017, the on-premise segment led the market accounting for nearly 2/3rd of the total market value generated worldwide. Nevertheless, cloud-based enterprise social networking segment is projected to register faster growth during the forecast period. Due to availability of deployment over more secure private cloud, the segment would experience higher growth in the following years.
Enterprise Social Networks & Online Communities Market
North America to Continue Leading the Market; Asia Pacific to Emerge as the Fastest Growing Region
North America led the global enterprise social networks and online communities market, with a market share of over 45%, in 2017. The market here is primarily backed by the U.S., having high popularity of social media networks. The U.S. is among the top 10 countries having high penetration (approximately 71%) of social media networks across the world. In addition, presence of numerous companies including IBM Corporation, Jive Software, Inc., Communispace Corporation, Microsoft Corporation (Yammer) and few others is another major factor supporting the market growth. Over the forecast period, Asia Pacific is set to emerge as the fastest growing on account of growing IT & telecom and healthcare sectors in the region.
Enterprise Social Networks & Online Communities Market
Large Number of Enterprise Social Network and Online Community Vendors Make the Market Highly Competitive
The overall market is still in nascent stage with limited adoption across different industry verticals. Due to presence of large number of players, the market has emerged highly competitive over the period. Majority of the companies including IBM Corporation, Jive Software, Inc., Communispace Corporation and Socialtext, Inc. focus on developing frequent updates in their software with an aim of improving user experience, convenience and look-and-feel of the platform. This further encourages the end-user organizations to adopt enterprise social networks and online communities for better employee engagement. Major players profiled in the market include IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Jive Software, Inc., Google, Inc., Communispace Corporation, VMware, Inc., SAP SE, Socialtext, Inc., Telligent, Inc., Mzinga, Inc., Lithium Technologies, Inc., TIBCO Software, Inc., Convo, Salesforce.com, Inc., Zyncro Tech SL and others.
Enterprise Social Networks & Online Communities Market
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Enterprise Social Networks & Online Communities Market
2.2 Global Enterprise Social Networks & Online Communities Market, By Deployment Model, 2017 (US$ Mn)
2.3 Global Enterprise Social Networks & Online Communities Market, By Enterprise Size, 2017 (US$ Mn)
2.4 Global Enterprise Social Networks & Online Communities Market, By Industry Vertical, 2017 (US$ Mn)
2.5 Global Enterprise Social Networks & Online Communities Market, By Geography, 2017 (US$ Mn)
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Enterprise Social Networks & Online Communities Market Value, 2016 – 2026, (US$ Mn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography, 2017
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Enterprise Social Networks & Online Communities Companies, 2017
3.6.2 Key Strategies Adopted by the Leading Players ...

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