LiDAR Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $921.2 million by 2022, registering a CAGR of 18.5% during the period 2016-2022. Increasing adoption of LiDAR systems in various applications, such as precision farming, media and entertainment, and commercial applications is the major factor driving the market growth.
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The LiDAR market is categorized based on type, component, application, and end user. Among types, the aerial LiDAR dominated the market with more than 50% share in 2015, and is expected to continue its dominance throughout the forecast period owing to its numerous applications in civil engineering, archaeology and forest land management. From a growth perspective, terrestrial LiDAR segment is projected to grow at the highest CAGR of 23.9% during 2016 – 2022.
By component, the laser segment dominated the market with around 39% share in 2015 and is expected to maintain its dominance throughout the forecast period due to increasing applications of near-field lasers enabled LiDAR systems in the defense sector.
Application wise, corridor mapping, and exploration and detection segments collectively accounted for more than 80% share of the overall market value in 2015, with corridor mapping constituting around 50% revenue. For modern age infrastructure planning and disaster management, corridor mapping is performed using LiDAR technology.
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Among end users, the civil engineering segment dominated the market in terms of spending on LiDAR systems, followed by forestry and agriculture segment in 2015. The civil engineering applications significantly drive the market with the usage of LiDAR in infrastructure planning. Expenditure on LiDAR systems by the transportation sector is expected to grow at the highest CAGR, primarily for vehicle monitoring purposes and emerging transportation applications such as driverless cars.
Key findings of the LiDAR Market:
- The global LiDAR market is likely to grow at a double-digit rate in the future owing to increasing demand for aerial LiDAR from the various end user sectors.
- The aerial segment accounts for a major share in this market.
- The application of LiDAR in the transportation sector is anticipated to expand at the highest CAGR of 23.5% from 2016 to 2022.
- North America is the highest revenue-generating region in this market.
Warehouse Management System Market Report, published by Allied Market Research, forecasts that the global market size is expected to garner $3,112 million by 2022, growing at a CAGR of 15.2% during the period 2016-2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.
By component type, software held the highest marketsharein2015, and services is anticipated to show the highest growth rate. Among the various industry verticals, transportation & logistics is projected to dominate the market. However, pharmaceuticals industry is expected to have the fastest growth rate.
Asia-Pacific is estimated to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.
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Fig. WMS Market segmentation
Improved supplier and customer relationships
WMS reduces the delivery lead times and errors while processing the orders. The suppliers seek greater efficiency and productivity while implementing WMS, which strengthens the supplier‐customer relationships, and is a notable driver for the WMS market. The impact of this factor was remarkable during 2015, and is projected to significantly rise over the forecast period.
Costly deployment of WMS solutions
Inherent challenges associated with implementation of the distribution software such as lack of process standardization in distribution, less business savvy users, high rate of simultaneous active transactions, materials handling interface requirements, and other factors result in resource monopolization, cost overruns, and operational disruption risks. Smaller facilities with lower headcounts find WMS solutions too expensive to deploy. Many such firms rely on memory-based processes, antiquated systems, and paper-based warehouse operations. In the year 2015, the impact of this factor was prominent; however, due to technological advancements, this impact is predicted to decline over the forecast period.
Emergence of SaaS-based on-demand WMS solutions
The smaller firms and other companies seek for less capital investments and greater flexibility. The on-demand supply chain execution is expected to gain larger share of the market over the forecast period. Smart Turn, a WMS vendor, was among the first companies to promote this model. Several suppliers have provided their software as a service to get a foothold in the market. The impact of this factor was notable in 2015, and is expected to increase over the forecast period.
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Key findings of the Warehouse Management System Market:
- Software is expected to exhibit a significant growth in the WMS market due to growth in adoption of this technology in the logistics industry.
- Transportation & logistics industry generated the highest revenue among other industry verticals pertaining to increase in adoption of WMS.
- Europe is projected to exhibit a substantial growth during the forecast period.
- Several industry players adopt partnership and product launch as their key strategies to offer innovative products and services & solutions to attain a higher market share.
- The dominant players include Oracle Corporation, SAP SE, Infor Inc., and Manhattan Associates Inc., and others.
South East Asia (SEA) powder coatings market report published by Allied Market Research is expected to reach $295.9 million by 2022 from $222.7 million in 2015, with a CAGR of 4.2% from 2016 to 2022.The Indonesian powder coatings market is anticipated to remain the highest revenue contributor among other countries.
The demand for powder coatings has increased owing to the growth in technological advancements and increase in demand from applications such as architectural; appliances; automotive; furniture; agriculture, construction & earthmoving equipment (ACE); general industrial; and others. In addition, stringent environmental regulations boost the growth of this market. The market has witnessed steady growth during the past few years, and is expected to grow at a CAGR of 4.2%, in terms of value, during the forecast period.
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In the year 2015, the thermoset powder coatings segment dominated the Indonesian market, as these coatings provide superior finish with excellent durability that reduces maintenance cost and prolongs the shelf life of the coated products. Moreover, stringent regulations have led to increased penetration of powder coatings over liquid coatings. Powder coating overspray can be recycled and reused, which ensures optimal utilization of the coating material. Powder coatings in appliances application segment generated the highest revenue in the Malaysian powder coatings market.
Key findings of the South East Asia Powder Coatings Market:
- The appliances application segment occupied the highest share in 2015 in the Philippines powder coatings market, and is anticipated to grow at a CAGR of 4.4%, in terms of value, during the analysis period.
- The polyester resin-based powder coating was the widely used thermoplastic resin type in Singapore, and is estimated to grow at a CAGR of 3.9%.
- The residential sector in Singapore reported to account for the largest revenue in the architectural segment, with a CAGR of 3.3%.
- Appliances and automotive applications generated the highest revenue in Thailand.
- Rebar accounted for highest revenue in the Thailand general industrial powder coatings application, expanding at an estimated CAGR of 4.3%.
Indonesia showed the largest growth, in terms of revenue, for the powder coatings market in the ASEAN countries. Automotive, appliances, architectural, and general industrial are the major application areas of powder coatings in these countries. The development in application industries in Thailand, Indonesia, Vietnam, Singapore, Philippines, and Malaysia is expected to propel the market growth. Furthermore, improvement in economies of the countries is projected to boost the market growth.
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Prominent players profiled in this report include AkzoNobel, Jotun, PPG Industries, Axalta, Sherwin Williams, BASF SE, Nippon Paints Holdings Co., Ltd., Berger Paints India Ltd., Evonik Industries, Solvay, and others. Local players also hold a prominent position in the powder coatings market.
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Personal Care Electrical Appliances Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $28,007 million by 2022.The hair care appliances segment is estimated to dominate this market throughout 2016 – 2022. North America accounted for around two-fifths share of the market in 2015.
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Growth in ageing population, improving economic conditions, increasing awareness regarding personal grooming, inclination towards automation, and growing online sales are factors that drive the market growth. In addition, growing urban population and increasing demand from untapped markets such as Asia-Pacific and LAMEA are anticipated to further drive the demand for the personal care electrical appliances market. However, lack of durability and high cost of the products limit the market growth.
The hair care appliances segment accounted for over two-fifths of the global personal care electrical appliances market in 2015, owing to the influence of western lifestyle on the population of developing and untapped regions. The hair straightener sub-segment was the leading revenue contributor to the global hair care appliances market in 2014, accounting for more than 43% share, and is further expected to dominate the market throughout the forecast period, growing at a CAGR of 7.1% from 2016 to 2022. The hair stylers segment is the fastest growing market, registering a CAGR of 10.0% from 2016 to 2022. This is attributed to growing inclination of women towards styled hair rather than straightening.
Trimmer was the leading revenue contributor to the global hair removal appliances segment owing to its established market status and historical trend of trimmed beard. Epilators and shavers together contributed around 47% share in 2014 and would grow at a CAGR of 10.2% and 10.8% respectively during the forecast period. Epilators have a different mode of action as that of shavers. They do not remove the hair from surface, rather pluck off hair strands from their roots. This gives a permanent solution as compared to shaving. Therefore, men use shavers for facial hair, whereas women prefer epilators. The availability of substitute products, such as hair removal creams, and others act as replacements for epilators; thereby, limiting their growth. Consumers shift from creams and other hair removal methods to epilators is expected to be gradual in untapped markets of the Asia-Pacific and LAMEA regions.
Electric toothbrush is the primary product under the oral care appliance segment that dominates the market. Plaque removers are electric toothbrushes with a rotatory brush head especially made to remove plaque. Plaque removers have gained importance among people with periodontal issues, while the device is not common among buyers. In 2014, powered toothbrush was the leading revenue generator in the oral care segment, and is projected to dominate the market throughout the analysis period.
Personal care electrical appliances are used by both men and women. Female buyers have a higher share in hair care products, whereas males dominate the shavers market. The female customers segment is expected to outpace the male customers segment in the near future. However, the male customers segment would generate a notable revenue by 2022 growing at a CAGR of 8.6% during the forecast period.
The small domestic equipment market is the parent market for personal care electrical appliances, and the prevailing trend in this business area has a similar impact on the personal care market. The global market for personal care electrical personal care appliances has witnessed steady growth, and is expected to maintain this trend throughout the forecast period. The Asia-Pacific, Middle East, and Africa are expected to exhibit incremental growth during the forecast period due to growing awareness and rising disposable income. Brazil, Russia, India, and China (BRIC) are the countries with the highest growth potential during the forecast period. As per the present market scenario, North America generated the highest revenue in 2014, accounting for around two-fifths of the market value, and is expected to dominate the market throughout the analysis period. Asia-Pacific is projected to be the fastest growing market registering a CAGR of 13.4% from 2016 to 2022.
Key findings of the Personal Care Electrical Appliances Market:
In the year 2014-2015, hair care appliances segment led the overall personal care electrical appliances market revenue, and is projected to grow at a CAGR of 7.7%.
Oral care appliances is expected to be the third highest revenue-generating segment by 2022 and would grow at the highest CAGR of 11.4% during the forecast period.
Hair stylers is anticipated to be the fastest growing market segment for the hair care appliances market and is projected to grow at a CAGR of 10%.
North America generated the highest revenue, among all regions in 2014, and would dominate the market throughout the forecast period.
The key players in the personal care electrical appliances market focus on expanding their business operations in the emerging countries with new product launch as their preferred strategy. The major players profiled in this report include Remington Products Company, Procter and Gamble (Braun GmbH/Oral B), Conair Corp., Royal Philips Electronics NV, Panasonic Corporation, Groupe SEB, Colgate-Palmolive, Helen of Troy L.P, HoMedics Inc., and LION Corp.
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Organic Food and Beverages Market is expected to reach $327,600 million by 2022, from $115,984 million in 2015, at a CAGR of 16.4% from 2016 to 2022. The organic beverages segment occupied a dominant share, accounting for about three-fifths of the market in 2015, and is expected to maintain this trend during the forecast period. The organic fruits and vegetables and other organic food segments collectively accounted for half of the global organic food market share in 2015, whereas the organic coffee and tea sub segments contributed nearly one-third share of the organic beverages market in 2015.
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Organic foods and beverages offer ample advantages over conventional foods such as health benefits, free of harmful chemicals, and others. The global market is poised to witness significant growth during the forecast period, owing to increase in income levels, rise in awareness regarding advantages of organic products, and advancements in organic farming techniques. The demand for organic food and beverages is anticipated to increase by three-folds by 2022 as compared to that in 2015. In addition, factors such as heavy investment and supportive investment policies by government organization for organic farming provide lucrative opportunities to market players. However, high price of organic products and low shelf life hamper the market growth.
Organically grown fruits and vegetables have high nutritive value, and are free from pesticides and other chemicals. Furthermore, organic nondairy beverages are in high demand among consumers due to increase in health awareness among consumers. Therefore, this segment accounted for significant share of the global market in 2015, followed by the fruits and vegetables segment. The popularity of organic meat, fish, and poultry has increased among consumers, as these products are free from chemicals and contain less fat and cholesterol. Moreover, the organic baby food segment is expected to witness huge potential in the near future, as these products are safer than the conventional baby foods.
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Though establishment of exclusive diet centers, untapped geographical regions such as India, South Africa which are offering a rising demand, limited shelf life of organic foods pose limitations in the market. However, each factor would have its definite impact on the market during the forecast period.
Key Findings of Organic Food and Beverages Market:
- The organic food segment is projected to grow at a significant CAGR of 16.6% from 2016 to 2022.
- Among organic beverages, the nondairy beverages segment is projected to grow rapidly during the forecast period.
- The organic beverages segment accounted for about three-fifths of the global market in 2015.
- The Asia-Pacific region is projected to grow at the highest CAGR of 23% during the forecast period.
- The coffee & tea segment accounted for nearly one-third share of the market in 2015.
Presently, North America and Europe jointly contributed for more than four-fifths share of the global market. The Asia-Pacific region is anticipated to register the highest CAGR of 23% during the forecast period. The organic dairy products market has the highest potential for growth in European countries. The countries in Latin America and the Middle East are projected to exhibit significant growth in the near future.
The key market players profiled in the report are The WhiteWave Foods Company, Hain celestial Group, Inc., General Mills Inc. United Natural Foods, Inc., SpartanNash Company, Amy’s Kitchen, Inc., Dean Foods Company, Starbucks Corporation, The Kroger Co., and Whole Foods Market Inc.
China held the largest market share among all countries in the APAC region, followed by Japan in 2014. Indian market is expected to witness the highest growth over the forecast period. The women and kids sports apparel market in India would witness dynamic growth during the forecast period, owing to factors such as increasing popularity of kids for joining sport academies, rising fitness concerns among women. Moreover, the sale of sports apparel though retail stores is significantly high in countries such as China and Japan; whereas, the sale through online platforms would gain popularity in future.
Asia-Pacific Sports Apparel Market Report, published by Allied Market Research, forecasts that the Asia-Pacific market is expected to generate revenue of $62.6 billion by 2020, registering a CAGR of 8.1% during the forecast period 2015-2020. China is the highest revenue-generating region, accounting for 45.2% share of the Asia Pacific sports apparel market. The sale of sports apparel through online stores would grow rapidly, registering a CAGR of 14.5% during 2015 – 2020.
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Based on end users, the Asia Pacific sports apparel market is categorized into men, women and kids. In 2014, the men segment dominated the Asia Pacific sports apparel market; followed by women segment, which constituted 41.3% market share, owing to growing participation of women in various sports and fitness activities. Furthermore, kids segment is anticipated to grow at a notable pace, registering a CAGR of 10.4% during the forecast period.
Based on the mode of sale, Asia Pacific sports apparel market is categorized into retail and online stores. In 2014, the retail segment dominated the market with 81.6% share. International brands have been launching new retail outlets in the untapped markets of the Asia Pacific region to expand their geographical presence and increase their customer base. The retail segment is further segmented into supermarkets, brand outlets and discount stores. Online platforms, have exhibited a robust growth across the Asia Pacific region, owing to the ease of accessibility and availability of a wide range of products at a competitive price. The online mode of sale segment would grow rapidly, registering a CAGR of 14.5% during the forecast period.
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Key Findings of Asia Pacific Sports Apparel Market:
– The Asia Pacific sports apparel market is expected to exhibit a notable growth during the forecast period (20152020) due to increasing disposable income and rising health concerns among individuals
– Women sports apparels segment is expected to witness a CAGR of 9.1% during the forecast period
– The retail medium was the most popular distribution channel in 2014. However, the adoption of online mode of distribution would increase during the forecast period, owing to the increasing use of internet and ease of accessibility to a wide range of products
– China was the highest revenue-generating region, accounting for 45.2% share of the overall market revenue in 2014
– India is anticipated to grow rapidly, registering a prominent CAGR of 13.5% during the forecast period
Expansion and partnership have been the key growth strategies adopted by players in the market to increase their market share and expand their customer base. Prominent companies, such as Nike, Inc., Columbia Sportswear and Puma SE, have adopted various growth strategies to mark their footprint in the Asia Pacific sports apparels market. Columbia Sportswear entered in India in collaboration with Chogori India Retail limited (CIRL), to leverage the latent opportunities in India. The key companies profiled in the report include, Adidas AG, Nike, Inc., LI-NING Company Limited, Puma SE, Inc., Umbro Ltd., Fila, Inc., Under Armour, Lululemon Athletica Incorporation, Anta Sports Products Limited, Inc. and Columbia Sportswear Company.
Rising awareness about the virtual training and simulation technology; its cost-effective benefits; and increased expenditure in education, healthcare, and defense sectors, are key drivers for growth in virtual training and simulation market. Further, innovation in design and development of solutions, improved features, and increase in scope of this technology in other industries such as transportation, energy, and mining are catalysts for growth in the market. The supportive government initiates and increased spending on education sector, rise in awareness about this technology, and increased number of Internet users are expected to drive significant growth in Asia-Pacific, which is projected to grow at the fastest CAGR during the forecast period.
Virtual Training and Simulation Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $329 billion by 2022, registering a CAGR of 14.6% during the forecast period 2016 – 2022. The education segment is expected to dominate the market from 2016 to 2022. Asia-Pacific is expected to grow at the highest growth rate, whereas North America accounted for 39% share of the market in 2014 and is anticipated to grow at a significant rate.
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Increase in defense, education & healthcare spending, rise in awareness about this technology, and its cost-effective benefits in various industries are the major factors that drive the market growth. Leading companies in this market are taking initiatives toward development of novel solutions by investing in R&D and are seeking new opportunities by expanding their market presence through partnerships, collaborations, and other strategic alliances. For instance, in military simulation and virtual training market, leading vendors focus on development of more compact and cost-effective simulators that can elevate the quality of virtual environment same as the real world. However, resistance to adopt this technology in various regions such as North African countries and limited investments in R&D activities have restricted the growth of the market to a certain level.
In the year 2014, hardware segment accounted for about 70% of total revenue. It is expected to dominate the market throughout the analysis period, expanding at a CAGR of 14.6% owing to its higher adoption in education, civil aviation, and healthcare industry. In the year 2014, North America dominated the virtual training and simulation market in hardware segment, whereas Asia-Pacific is expected to grow at the fastest CAGR around17% during the forecast period. The software segment is projected to reach significant amount by 2022, which will be more than four times as compared to that of 2014.
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Among the end users, entertainment sector generated the maximum revenue in the virtual training and simulation industry and represented around 54% share of the total market revenue in 2014. Further, by 2022, the segment is expected to dominate the market, with a CAGR of 14.1%. However, education sector is projected to grow at the fastest CAGR of 22.1% due to supportive government initiatives and spending in education sector along with rise in number of Internet users especially in Asia-Pacific.
Key findings of the study:
– In the year 2014, hardware segment led the overall virtual training and simulation market revenue, and is projected to grow at a CAGR of14.6% during the forecast period.
– Education sector virtual training and simulation market is anticipated to grow at the fastest CAGR of 22.1%, owing to the support from governments, rise in Internet penetration, and presence of strong regulatory bodies.
– Entertainment sector generated the maximum revenue in virtual training and simulation industry in 2014.
– In education segment, e-learning accounted for the maximum share in the revenue, while game-based learning is anticipated to grow at the highest CAGR.
– In the year 2014, North America was the dominant region in virtual training and simulation market. However, Asia-Pacific is expected to grow at the fastest CAGR with China leading the market.