Global Powder Injection Molding Market Analysis and Opportunity Assessment, 2014 – 2020: Future Market Insights

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Powder injection molding is an industrial manufacturing solution for producing alloy, metal, and ceramic parts. This process is widely used on account of its advantages, such as cleaner product output over other processes. The powder injection molding market is likely to grow with double digit CAGR over the entire forecast period. In addition, it is also expected that powder injection molding market value will grow 2X in 2020 as compared to its 2013 values.

The powder injection molding market can be segmented on the basis of its technology, such as ceramic injection molding (CIM) and metal injection molding (MIM). These technologies are expected to grow further owing to the demand from applications such as automotive, medical, healthcare, aerospace, consumer products, industrial machinery and others. Growing industrial expansion activities in regions such as Asia Pacific and Rest of the World are likely to spur the demand for powder injection molding market in such applications. Further, expansion in the machine manufacturing industry in the last few years serves as an opportunity for powder injection molding in various inter-related applications.

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Further, on the basis of raw material used; global powder injection molding market can be categorized as stainless steel, soft magnetic alloys, titanium alloys, and low-alloy steels. Raw materials are selected on the basis of its end-use industry where innovation in the material science industry has led to the expansion of application areas. Some of the key end-usages propelling the demand for powder injection molding processes include electronic gadgets, medical equipments, firearms, and automotive components.

Geographically, Asia Pacific is currently the dominant market for ceramic and metal injection molding at a global level. Powder injection molding market is mostly prevalent in the automotive industry, where machine and machine-component manufacturers serve as the dominant market share end-user group for powder injection molding process. Further, powder injection molding market is supplemented by new environmental regulations, mandatory for companies to streamline production methodologies and reduce emissions. Consequently, the market for powder injection molding is growing as it produces parts to near net shape, thereby eliminating secondary machining processes. Thus, technologically advance machine tool markets such as Europe, with strict government regulations, are likely to create several opportunities for global powder injection molding market. Moreover, increasing firearms usage in the defense industry, especially in the U.S., is expected to boost powder injection molding industry growth in North America. Asia Pacific demand for powder injection molding is driven by the demand from electronics component applications. Europe powder injection molding market is dominated by automotive application, whereas, North America powder injection molding market is dominated by medical & healthcare applications. Therefore, it is expected that the regional market of powder injection molding market varies on a broader spectrum due to the variation in technology alongwith the variation in end-user industries growth in the respective regions. Further, market participants are more focused to target respective end-user industries to manufacture specialized products.

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One of the major driving factors for global powder injection molding market includes growing demand for the miniaturized complex components to be used as high performance materials pertaining to various end-user industries. In addition, growing demand for medical equipments has fueled the demand for powder injection molding to manufacture medical micro-parts to be used in various medical procedures and techniques. Invasive surgery, Intravenous therapy, advanced drug delivery and vascular therapy require precise equipment manufactured with state of the art manufacturing method. Intricate shapes of medical devices require specialized manufacturing methods. Ability of powder injection molding method to form precise shapes as compared to conventional manufacturing methods is supplementing the growth of medical and healthcare application segment.

Presently, the powder injection molding technology has become extremely prominent allowing the delivery of quality metal injection molded products. Quality assurance standards such as QS 9000 and ISO 9002 monitors the overall quality procedures in the global powder injection molding market. One of the key trends in this market is the adoption of fine-tuned compounding procedures to ensure easy, highly engineered and controlled tolerance of the procedure. Some of the key market participants in global powdered injection molding market are: ARC Group, Advanced Materials Technologies Pte. Ltd., Epsom Atmix Corporation, PSM Industries Inc., Plansee Group and Indo-US MIM Tec Pvt. Ltd.

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Global Lead Market Analysis and Opportunity Assessment 2014 – 2020: Future Market Insights

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Lead is a soft and malleable metal belonging to the carbon group. It is the heaviest non-radioactive element which occurs naturally on earth in the form of four isotopes: lead-208, 207, 206, and 204. It is generally found in ores with copper, silver and zinc and is extracted together with these metals. Lead compounds exist in two main oxidation states: +4 and +2. It is widely used in construction activities, production of weights, lead-acid batteries, and as a radiation shield. Conventional lead-acid batteries have a significant history in providing energy storage for a wide range of end-use applications, in mobile as well as stationary applications.

The global market for lead has been witnessing noticeable growth on account of growing lead-acid battery consumption. In addition, the global demand is estimated to be significant in the coming years as capacity expansions and new operations boost supply at a faster rate than demand.

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According to government sources of various developed and developing economies, their nationwide demand for energy is expected to be doubled within the next decade. Owing to this, various countries such as China and India have started making huge investments in smart grid technology in order to meet the huge demand for power. Potential investments in smart grid technology has further lead to the growth of lead-acid batteries which are used in electrical vehicles (EV) which serve as one of the major component in the smart grid technology. Lead-acid battery exports and production have strongly recovered in China after the wide-ranging environmentally motivated cutbacks in 2011. In addition, increasing adoption of advanced vehicle technologies such as stop-start & hybrid vehicles and renewable energy generation is contributing towards the innovation in lead-based battery segment. Lead-acid batteries based on modern technologies have also been gaining significant importance in applications where batteries are considered extremely vital for their mechanism, as well as in new applications such as grid storage for renewable energy generation.

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Growth of the building construction industry is anticipated to be one of the major factors driving the demand for lead over the next few years. Lead is widely used in the construction industry as architectural metals for roofing materials, gutters and gutter joints, and on roof parapets. Moreover, increasing demand for lead-acid batteries for automotive application on account of rising automobile industry is expected to contribute to the growth of the market. However, growing health concerns regarding the use of lead paints is expected to slow down the growth of the market. North America was the largest consumer for lead owing to its vast construction and automobile industry. The demand in Europe is expected to rise moderately on account of declining automobile sales. However, future market growth is expected to be from Asia Pacific on account of rising demand for energy in smart grid technology which includes electrical vehicles operated on lead batteries. This factor is further expected to provide new opportunities for the growth of the market. Development of absorbed glass mat (AGM) lead acid batteries on account of their favorable characteristic of being maintenance-free are also expected to provide growth opportunities for the lead market.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

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Global Coating Auxillaries Market Analysis and Opportunity Assessment 2014 – 2020 : Future Market Insights

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Coating auxillaries are consumed for the purpose of optimizing as well as supporting the application of coatings and release agents to guarantee an smooth production flow. Various products such as wiping fillers and dilutions, primers, cleaners, and mould cleaners belong to this category. These products are ideal for cleaning mould and processing equipment, and exhibit certain industrial advantages such as high release strength of polyurethane (PU) and release agent residues. Coating auxillaries provide an ideal preparation for many coating applications and also enhance the adhesion property of the coatings to the substrate. Manufacturers such as Bomix Chemie GmbH develop dilutions to achieve an effective processing viscosity.

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The global market for coating auxillaries has been witnessing a significant increase due to growth of its application and end user industries. Coating auxillaries are used in various coating applications which are further implemented in industries such as construction and textile. Growing demand from major application market such as textile and home furnishing are anticipated to remain the major growth factors for the market of coating auxillaries. Significant per capita consumption has been witnessed from the textile industry, particularly in emerging economies such as Russia, China, Brazil and India. This factor is expected to result in rising demand for coatings over the forecast period. However, rising environmental concerns regarding the hazards from the consumption of these coatings is expected to result in an unfavorable regulatory landscape which is expected to be a critical challenge for market players, resulting in the slowdown of the coating auxillaries market. In terms of the overall coatings market, polyurethane and silicone based coatings account for the most consumed products where silicone coatings are anticipated to witness the fastest growth over the forecast period primarily due to rising innovation in product development which is leading to growth in packaging and automobile industries where these coatings are significantly consumed for protection and lamination.

Emerging regions such as Asia Pacific accounted for the largest market share in terms of region in the global urethane coating auxillaries market, followed by Europe and North America. Growth of the major end user industries such as textiles and construction, particularly in the emerging economies of India and China are anticipated to boost the demand for coating auxillaries over the forecast period. The market for coating auxillaries in China is expected to rise significantly on account of the country’s growing consumer demand for high quality products as well as the continued rapid pace of the construction industry in the country. Majority of the coating auxillaries in China are consumed in construction applications, where commercial and residential construction account for the largest shares.

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Increasing demand for coatings and adhesives on account of the rapidly growing construction industry is expected to boost the demand for coating auxillaries over the next few years. Moreover, increasing number of construction activities, particularly in the BRIC region (Brazil, Russia, India, and China) is anticipated to fuel the demand for coating auxillaries as well. However, rising environmental regulations and concerns regarding the use of coating auxillaries are expected to slow down the growth of the market. On account of these factors, focus of manufacturers towards developing bio-based coatings is expected to provide new opportunities for the growth of the market.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

 

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Global Propylene Glycol Market Analysis and OpportunityAssessment, 2014 – 2020 : Future Market Insights

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Propylene glycol is a chemical that is produced by reaction of propylene oxide with water. It is a colorless, clear, almost odorless, viscous liquid which has a faint sweet taste. Propylene glycol is miscible with water, chloroform, and acetone and is hygroscopic in nature. It is chemically neutral that does not react with other substances. This property of propylene glycol makes it useful in mixing contrasting elements such as perfumes. Unique features of propylene glycol makes it useful in a wide variety of applications. It is used as solvent, holds and dissolves active ingredients equally in the medium, acts as an emulsifier and excipient, reduced freezing point and many more. Propylene glycol is manufactured in two grades namely, industrial or technical grade and USD/EP grade. It designates the requirements for the U.S. and European Pharmacopeia, but it has use in the personal care, food and feed applications. Dipropylene glycol is used in unsaturated polyester resins and personal care products and tripropylene glycol has application in acrylates and polyurethanes.

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Propylene glycol is used for many industrial and consumer applications such as feed, food and beverages, pharmaceutical and cosmetic among others. The major consumers of polypropylene glycol include the pharmaceutical and food and beverage industry, which account for major share in the market. Propylene glycol is also used as a humectant, preservative in tobacco and food products, solvents and as a major constituent of e-liquid that is used in electric cigarettes with vegetable glycerin. In case of food and consumables, propylene glycol is considered to be safe by the U.S. Food and Drug Administration. As a solvent, in pharmaceutical which includes injectible, oral and topical formulations namely lorazepam, diazepam donot dissolve in water. In order to meet environment regulations or standards the industry is now focusing on developing bio-based propylene glycol. The major companies such as Cargill, ADM and The Dow Chemical company are manufacturing propylene glycol from glycerin.

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About half of the propylene glycol produced is been used as a chemical feedstock to manufacture unsaturated polyester resins. The industrial applications of propylene glycol are to manufacture paints and coatings, resins and plastics, used as an intermediate to manufacture other chemical substances such as unsaturated polyester resins that are used in pipes or windmill blades and bath and kitchenware. Moreover, it has a significant role as ingredient of formulations for heat transfer fluids, air-craft de-icing and liquid detergents.

The key segments for propylene glycol market are North America, Asia Pacific, Europe and Rest of the World (RoW). The United States, Japan, China and Western Europe are the major markets for unsaturated polyester resins which is influenced by overall health of local economies and construction industry trends. Hence growing demand for unsaturated polyester resins to boost demand for propylene glycol in the near future.

 

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

 

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Expandable Polystyrene Market – Global Industry, size, share, growth, forecast 2014 – 2020 : Future Market Insights

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Expandable polystyrene (EPS) is a thermoplastic resin that contains an expanding agent. It is used in various applications ranging from food packaging to electrical coatings and medical supplies. It is environment-friendly as it does not involve any halogen during its production process. The global expandable polystyrene market is growing at an exponential rate as it caters to the demand of various industry verticals through sustainable development. Expandable polystyrene has an added advantage over moulded pulp. Moulded pulp, though recyclable, requires a certain amount of natural gas in the drying process, and it naturally weighs more, resulting into increased packaging and transportation cost. On the other hand, EPS meets most of the sustainable packaging criteria. It emits less greenhouse gases when compared to moulded pulp. Taking these benefits into account, governments as well as companies are shifting the packaging market towards the expandable polystyrene segment. The global expandable polystyrene market had witnessed 1.5X times growth in between 2000 and 2010.

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Building & construction, and packaging are the two important end-use segment market for expandable polystyrene. Together, they contribute 95% market share of the global expandable polystyrene market. The rise in the demand for processed foods is increasing the expandable polystyrene demands in the food & beverages industry. In terms of revenue, this industry accounts for the largest market share in the global expandable polystyrene market. The next potential segment is building & construction. With major market economies such as China, India and GCC witnessing a major surge in infrastructure investment, the expandable polystyrene market is set to grow at an accelerated pace. Expandable polystyrene has been the prime choice for the construction of green buildings. It enhances the durability of buildings, and finds its application in insulating closed cavity walls and floor insulation. These major economies will see a surge in infrastructure investment in the coming decades. It is because of this added advantage that market is set to proliferate at an exponential rate. Another profitable segment is the electronics domain. Capacitors and electronic components are the main portions of electronics application segment that will push the expandable polystyrene market vertically upward at a CAGR of 4.5% between 2014 and 2020. Refrigerators, microwaves, electrical coatings are the major application for EPS in the electronics segment.

Geographically, the APAC market stands to be the global leader in production and consumption in the EPS market. Almost half of the total global production happens in the APAC region, and 45% of it is consumed in global emerging economies such as India and China. In the APAC region, China will be the most preferred destination primarily due to the rising demand of packaging in the food & beverages, and electronics industry. China and India are the global leaders in maritime trade. This will boost the packaging industry. China alone accounts for 37% of the global EPS market in terms of volume. As China has a strong hold in the electronics segment and is a major exporter of electronic devices, the EPS market is set to flourish in China. India, along with Malaysia and Philippines, will be the next major market for EPS primarily due to heavy infrastructure investment across various industry verticals. Europe followed by Latin America and North America are the other potential markets for EPS. North America has reached its saturation point in global EPS market and therefore its market growth will be stagnant in coming few years. While Europe will witness a surge in the market due to the rising demand of pharmaceutical industries, Latin America will be a preferred destination mainly due to infrastructure investment.

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BASF SE, Nova Chemicals Corporation, Synthos S.A, Owens Corning, and INEOS Styrenics are some of the leading manufacturers of EPS.

The global EPS market is set to grow at a moderate CAGR in the coming years. China, Europe, Brazil and India will be the major preferred destinations for the EPS market. Low weight, durability, moisture resistance, thermal efficiency, shock absorption, versatility and ease of use are some characteristics of EPS which are tempting various industry verticals to shift base to EPS. Though the EPS market is promising, major restraining factors are the availability of high performance substitutes including polypropylene and polyethylene.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

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Global Telecommunications Services Market Analysis and Opportunity Assessment 2014 – 2020 : Future Market Insights

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The telecommunications services industry is one of the fastest growing industries in the business world. Telecommunications services are offered by telecommunications service providers for the purpose of sending and receiving messages through electronic devices. Services include phone internet access, email, text, television, radio and fax. Telecommunications services have a robust global market presence, with the mobile services segment comprising a large chunk. Telecommunications services have proved very beneficial for businesses as they facilitate effective communication with their customers and help establish a healthy relationship with them. Telecommunications services are also beneficial for the employees as they enable easy transmission of data and provide efficiency and flexibility. The smartphone, a key application of the rapidly growing mobile telecommunication, includes an extensive range of applications and functions. The various types of mobile services are the internet, networking for home, networking for business, phone, television, etc., of which the phone and internet are the fastest growing services. Some disadvantages associated with the telecommunications services market are security issues and equipment expenses among others.

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Factors enhancing the growth of telecommunications services are modern and advanced technology, market competition, investment in new telecommunication technologies like wireless communication and satellite, innovative services like e-education and e-agriculture, high-skilled technical manpower, affordability of services, demand for high speed internet, data processing, etc. However, some factors stymying the telecommunications services market growth are high cost of value-added services, maintaining security traits and non-awareness among consumers.

The telecommunications services market can be segmented into value-added services and basic communication services. Value-added services include electronic data interchange e-mail, data processing, voicemail, online database storage while basic telecommunication services include circuit-switched data transmission, facsimile services, voice telephone services, telegraph services, packet-switched data transmission, telex services and others.

Telecommunications services have a growing market in Europe, North America, Latin America and the Asia-Pacific region. Internet and mobile phone services are the fastest growing telecommunications services with a strong market presence in Europe and America.

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A few key players in the telecommunications services are IBM, Cisco, Alcatel-Lucent, Deutsche Telekom, Juniper Networks, Tata, Nokia and Vodafone. Services provided by these companies are storage area networks, entry-level servers, storage products, enterprise networking services, storage networking services, services for application networking services, 3G services, bandwidths, broadband networks, calling cards, CDMA services, dial-up internet enterprise data services, mobiles and many more.  Among them, 3G services, data processing, broadband networking and the internet services are rapidly growing in the market. It has been observed that the number of internet users across the globe is increasing exponentially day by day, and thus the market for internet-based services is at its peak, with Europe being the leading marketplace for internet-based services.

Key strategies of these players are high quality and high standard services, innovative services, like ultra-broadband by Alcatel-Lucent, advanced telecom technologies, creative thinking and many others. They also use business expansion strategies like mergers & acquisitions, for instance, TATA acquired BT Group’s Mosaic business, AT&T Corp. and SBC merged and named it AT&T Inc., and the merger of MCI and Verizon.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

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E-Waste Management Market Analysis and Opportunity Assessment 2014 – 2020 : Future Market Insights

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E-waste or electronic waste is waste material created by rejected electronic devices and components as well as materials involved in their manufacture or use. Although e-waste is a generic term, it cover televisions, computers, mobile phones, white goods such as fridges, washing machines, toys, tablets, digital cameras, dryers, home entertainment systems, stereo systems, toasters, kettles – almost any household or business item with circuitry or electrical components with power or battery supply. E-waste is mounting exponentially since manufacture of electronic products are growing rapidly in many parts of the world due to inclination of people towards technology and electronic gadgets.

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The growing market penetration in developing countries, replacement market in developed countries and a high undesirability rate make e-waste one of the fastest waste streams. This form of waste is posing a serious concern in disposal and recycling to both developing and developed countries. E-waste can be used as a resource that contains useful material for economic benefit in recovery of plastic, iron, glass, aluminium, copper and other precious metals such as silver, gold, platinum and palladium, and lead, cadmium, mercury etc. However, some components contain toxic substances which adversely affect human health and environment, increasing land, air and water pollution. Few toxic chemicals widely used are lead, cadmium, mercury, beryllium, BFR, polyvinyl chloride and phosphor compounds, polychlorinated bi-phenyls (PCBs), etched chemicals, and arsenic and flame retardants. Vain and incompetent waste management results in greenhouse gas and toxic emissions, and the loss of precious materials and resources.

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One of the main reasons for growth of e-waste is rapid product innovation, especially in electronics and home appliances like migration from analogue to digital technologies and to flat-screen televisions and monitors. Additionally, economic growth coupled with urbanization and industrialization, and mass production of electronic goods have led to price reduction of these goods, almost doubling the universal demand for such products which eventually turn into e-waste. According to the UN, more than 33% increase in electronic waste is expected in the coming four years.

Major regions across the globe generating e-waste is the United States, followed by Europe and Asia-Pacific. The average e-waste produced by the U.S. in 2012 was estimated to be about 29 kg per person. The lowest e-waste producing countries were Haiti, which generated less than 8,000 tonnes of waste in 2012, followed by Afghanistan.

Many IT and electronic goods manufacturing companies like Dell, Cisco, HP as well as multiple agencies from Switzerland, Egypt, England, China, Japan and others have joined hands with StEP (Solving the E-waste Problem), a global organization for improving e-waste disposal methods. Various other measures are being adopted to minimize e-waste, including technical intervention like product design, production process modification, use of renewable material and energy, and green packaging option. Then there is the policy-level intervention which clearly defines e-waste for regulation. It includes a take back policy wherein producers are responsible for the complete lifecycle of their products. Lastly, awareness building measures are taken where citizens can get to know what necessary steps they need to follow in order to avoid e-waste, like donating electronics for reuse which could extend the lives of the electronic products, opting for products which are made of less toxic material and use minimal packaging, and offer leasing or take back options.

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Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends.

We provide research services at the global and regional level; key regions include GCC, ASEAN, and BRICS.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail.

We have a global presence with delivery centres across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery centre located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client.

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Global Fuel Cell – Market Analysis and opportunity Assessment 2014 – 2020 : Future Market Insights

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Fuel cells convert electrical energy sourced from chemical energy, through an electromechanical reaction with oxygen or other oxidizing agents. Primarily, a fuel cell functions as a battery, but is different in the way that in a fuel cell, fuel is supplied from an external source and fuel is converted to electricity without any involvement of a burning process. The demand for alternative energy sources is growing at a global level, which in turn propels the development of associated products. The first commercial application of fuel cells happened with NASA’s space programs. Fuel cells were used for application in probes, satellites and space capsules. Generally, fuel cells utilize oxygen and hydrogen during the electrochemical reaction process and generate electricity, heat and water. These cells are used where continuous flow of electricity is required. The cells provide continuous flow of electricity as long as source fuel is supplied. As fuel cells are carbon-free due to their non-burning nature, environmental norms support the development of this market.

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At a global level, various fuel cell design modifications are available. This includes solid oxide fuel cell (SOFC), proton exchange membrane (PEM), molten carbonate fuel cell (MCFC) and a few others. Furthermore, the fuel cell market can be categorized on the basis of source type as hydrogen powered, methanol powered, biogas powered, natural gas powered and hydrocarbons powered. Fuel cell technology finds application in stationary power, portable power and transportation power, and specialty vehicles, fuel cell electric vehicles, auxiliary power units and material handling equipments. Fuel cell technology has become one of the dominant technologies in the power generation industry owing to its carbon-free, non-burning nature and safe energy source.

Rising environmental concerns along with stringent regulations, especially in North America and Europe to reduce carbon emission, is likely to fuel the demand for fuel cell systems over the forecast period. Furthermore, various other factors such as consistently declining fuel cell cost due to technological advancement and uncertainty of the source of fuel cell are likely to spur growth of the fuel cell market.. Such factors limit the application of fuel cells to a narrower spectrum. Depletion of global oil and gas reserves coupled with the demand for clean energy are fuelling the global fuel cell market. Moreover, companies and governments worldwide promote the shift in focus towards renewable energy generation options.

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In the past few years, fuel cell market has witnessed different levels of developments, especially occurring in North American and European countries. FMI also analyzed MEA, Latin America and Asia Pacific as potential markets for the fuel cell technology. In addition, Asia Pacific has become hub for consumer electronics; where electronic goods are produced at relatively lesser cost. Fuel cell market is likely to take advantage of such factors and is expected to witness increment in the penetration in Asia Pacific.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

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Global Microgrid Market Analysis and Opportunity Assessment : 2014 – 2020 : Future Market Insights

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A microgrid is a modern small-scale electricity system used to generate, distribute and regulate the flow of electricalpower. It includes distributed energy resources and multiple loads which enable it to interconnect with other electrical grids as well as operate in a parallelpower generation environment. Microgrids can be used to generate power from both renewable and non-renewable energy sources. There are different types of microgrids. The first one is true microgrid or customer microgrid, which is self-governed, has a regulatory structure and is compatible with the current technology. The second type is utility or community microgrid or milligrid which involves a division of regulated grid.The thirdvariety is virtual microgrid orvgrid.It covers multiple sites’distributed energy resources (DER) and are coordinated in a manner such that they can be presented as a single unit to the grid.

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Around the world, governmentsare taking initiatives in setting up solar, biopower and wind energy farms, and increasingly concentrating on renewable energy resource based microgrids.Increased requirement ofenhanced technology for power generation and distribution, growing industrialization, government initiatives towards green energy, and a demand for secure andconsistent power supply are some of the factors driving the growth of microgrid market.

However,monetaryobstructions, complication in land acquisition and registration of land for solar PV installation in rural areas, high primary cost of installation, huge investment required for integrating existing systems with microgrid, technological barriersetc. are some of the aspectsholding backthe microgridmarket in some regions.

The microgridmarket can be segmentedinto verticals, technology andtype. By verticals,the market can be categorized into public sector, healthcare, telecom and manufacturing. On the basis oftechnology,the market can be divided into various categories such as by power and component technology. Bytype,microgridmarket is segmented intooff-grid, connected grid and hybrid grid.

The microgrid market is expected to be a multi-billion-dollar market and to grow at a significant rate during the forecast period, from 2014 to 2020. At present, the market is led by North America owing to growing industrialization and electrification. However, it is expected to witness ahuge potential in emerging economies of Asia-Pacific regions, such as India, China and Australia.

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Introduction of advanced solutions, collaboration with other organizations, joint ventures/partnerships,and acquisitions&mergers are a few strategies followed by key players operating in microgrid market, in order to outperform their competitors. For example, Toshiba Corporation acquired Consert Inc. in 2013, inorderto improve their distribution services and widen their global presence and customer base.Additionally, in November 2014, HOMER Energy LLC introduced HOMER Pro software, anupgraded version of their HOMER software,to set a global standard for microgrid designand analysis at initial stage.Further, its analysis tool mainly focuses on hybrid microgrids that are combined with multiple storage and renewable energy resources.

About Us :

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

Contact Us :

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London – W1B 3HH

United Kingdom

T: + 44 (0) 20 7692 8790

D: +44 (0) 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

 

Global Energy Harvesting Market Analysis Opportunity Assessment 2014 – 2020 : Future Market Insights

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Energy harvesting refers to the integrated approach of collecting, storing and harnessing energy; primarily ambient energy for various applications under the purview of both on-demand and off-grid usage. Although a greener and efficient solution, energy harvesting is expensive in nature and is adopted only when other sources of energy are not approachable. However, it is imperative to understand that harvested energy is preferred on the basis of demand and not on the basis of supply or availability of the energy sources.

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Market segmentation of energy harvesting includes segmentation on the basis of different energy sources/fields, applications and geography. The major drivers of the global energy harvesting market include the growing need of end-use application segments, especially for the consumer segment, along with rapid technological advancements and relatively economical, efficient and greener solution offerings. Some of the key restraints of the global energy harvesting market include the technological uncertainty associated with off-grid and on-demand usage of energy harvesting-based technology, associated expensive nature and lack of awareness about energy harvesting usage among consumers. Although gaining popularity, energy harvesting technology is not yet applicable in all domains; particularly unsuitable for powering mesh wireless networks due to capacity to generate relatively low current. The nature and availability of abundant renewable sources of energy, especially ocean and tidal energy along with enhanced awareness programs and efficient methods can serve as a positive opportunity for the energy harvesting market at a global level.

On the basis of different energy sources/fields, the energy harvesting market can be segmented as: radiation (solar, electromagnetic and light, etc.), mechanical (fluid, elastic, kinetic and potential), chemical (battery, fuel cells and phase change), nuclear, magnetic, electric, thermal and gravitational.  The usability of these energy sources depends upon the location of the energy harvester and can be restricted to a specific application for a given location.  Among these, energy harvesting using electric and magnetic fields is most common.

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On the basis of application, the energy harvesting market is segmented as: wireless sensor network (WSN), consumer electronics, industrial, building, bicycle dynamo, military & aerospace, automotive, healthcare and others (research, animals, farming, etc.). Among these, consumer electronics including mobile phones, wrist watches, calculators, piezoelectric gas lighters etc., cover the maximum share of the global energy harvesting market. This is followed by military & aerospace-based applications of energy harvesting. However, building and home automation is the fastest growing application in the energy harvesting sector. Also, energy harvesting is an integral part in a wireless sensor network these days.  On the basis of geography, the energy harvesting market is segmented into North America, Latin America, Asia Pacific, Japan, Western Europe, Eastern Europe and the Middle East & Africa.  Among these, Europe is the fastest growing market, followed by North America, APAC and other regions.  In North America, the U.S. accounts for the maximum share; whereas, in APAC, Japan accounts for the largest market share of the energy harvesting market. The global energy harvesting market is expected to grow at a double-digit CAGR over the next six years.

About Us :

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

Contact Us :

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London – W1B 3HH

United Kingdom

T: + 44 (0) 20 7692 8790

D: +44 (0) 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com