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Global Utility Drone Market Analysis 2020-25

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In 2019 the Power segment attained the largest market share as revealed by Markntel Advisors in the market research report “Global Utility Drone Market Analysis, 2020. The cost-effectiveness, performance improvement, and affordable technology of utility drone systems are some of the key factors driving the demand for the product from the power generation and transmission sector. The services provided by the drone in the power and energy sector include surveillance, inspection, and maintenance at power generation and distribution grids to name a few. The renewable sector is anticipated to attain significant growth during 2020-25, owing to the increasing number of offshore wind and solar power plants across the globe. The growing environmental concern in conjunction with the depletion of non-renewable resources has been putting pressure on renew According to MarkNtel Advisors, the Global Utility Drone market is evolving with increasing investment by the private sector companies ...
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Global IoT Medical Devices market

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The changing regulatory standards in Europe and North America have been catalyzing the growth of the IoT medical devices market. Significant developments for the manufacturers would be introduced concerning how field devices are monitored and reported on. In 2017, European guidance (known as MDR) was issued on how these rules would be updated to encompass thorough post-market surveillance and on-going digital analysis, with a hard stop implementation date of 2024. With millions of medical devices out in the field, medical device manufacturers relied on WiFi as the obvious remedy for collecting the data. According to MarkNtel Advisors’, the key players with a considerable market share in the Global IoT Medical Devices market includeMedtronic, GE Healthcare, Siemens, Biotelemetry, Philips Healthcare, Johnson and Johnson, Omron, Agamatrix, Stanley Healthcare and I Health Lab, etc. Hospital Segment Registered a Catalyzed Growth Hospitals contributed the major market share owin...
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Global Diesel Generator Market Analysis 2020

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The global diesel generator market is anticipated of grow at a CAGR of 3.8% during 2020-25 due to the mushrooming industrialization and development of oil and gas industry it the emerging countries along with the continuous demand for power supply from the residential and commercial area and surging construction activity which would require the installation of diesel generator. For instance, India’s “Housing for All by 2022” project is projected to boost the construction activity in the country. Besides this, it is widely used across different industry such as manufacturing industry, hotel industry, hospitals, etc., to supply power during the power cut or during any natural calamity. Therefore, it is projected to boost the demand for a diesel generator in the forecasted period. For instance, Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), delivered two MGS (Mitsubishi Generator Series) diesel generator sets for backup emergency use at Intercontinental Sh...
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Middle East Antiscalant Market Analysis, 2020

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The antiscalants are used in feed water to prevent the formation of scales as chemical delays the reaction time between the bicarbonate and calcium magnesium. The Middle East region is responsible for generating more than 40% of the global crude oil every year, which involves purification of water. Therefore, it is one of the major factors contributing to the surging demand for antiscalant in the region. Moreover, the expanding end-user industries in the countries coupled with the availability of less groundwater is boosting the demand for desalination plants. Hence, the establishment of new desalination plants in the countries such as Saudi Arabia, UAE, Qatar, etc., is anticipated to strongly contribute to the growth of Middle East antiscalant market in the forthcoming period. UAE captured a significant market share in the Middle East antiscalant market in 2019, which is attributed to the rising consumption in the end-user industries and growing initiatives by the government...
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Global Emergency Lighting Market Analysis, 2020

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Emergency lighting is majorly adopted to reduce the potential injury in case of the emergency situation such as natural disaster, fire as it automatically switches on when there is no source of power supply. The global emergency lighting market is mushrooming at a CAGR of 7% during 2020-25. The dwindling LED prices, technological advancement in the lighting industry along with accelerating construction activity and installation of emergency lighting with the esthetic ones is infusing a potential opportunity towards the market growth of emergency lighting globally in the forthcoming years. Moreover, the propelling demand for energy-efficient lighting systems across the commercial, residential, and industrial sectors along with the strict fire and safety regulations by governments across the world is fueling a healthy growth towards the market. For instance, Occupational Safety and Health Administration (OSHA) Code of Federal Regulations, NFPA 70 - National Electric Code, NFP...
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Asia Pacific (ASPAC) Industrial 3D Printing Market Analysis, 2020

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The 3D printing technology is helping the OEMs in transforming product models as it is being utilized to produce product prototype and functional components. The gradual growth in the Asia Pacific industrial 3D printing market is attributed to the rising investments of the governments of developing countries, operational benefits of 3D printing and surging adoption of the manufacturing-as-a-service business model by the companies. The increasing initiatives by the governments in the region for the promotion of additive manufacturing is anticipated to positively impact the growth of Asia Pacific industrial 3D printing market in the years to come. For instance: In 2018, about 3000 new schools were selected in India for the establishment of Atal Tinkering Labs (ATLs) under the NITI Ayog’s Atal Innovation Mission (AIM). The automotive segment grabbed a significant market share in the Asia Pacific industrial 3D printing market in 2019. One of the major aims of the automot...
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Global Anti-Money Laundering Market Analysis, 2020

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The global anti-money laundering market is anticipated to promulgate at a CAGR of 18.22% during 2020-25. The rising digital payment mode adoptions, increasing volume of global traction and along with snowballing instances of money laundering and terrorist financing among BFSI sectors, and surging IT infrastructure in the banks etc. are some of the major factors stimulating the growth of the anti-laundering market in the coming years. Moreover, galvanizing stringent compliance requirements and burgeoning demand for AML solutions are also projected to boost the market in the near future. For instance, the EU’s 5th Anti-Money Laundering Directive (AMLD 5), with effect on June 2018, modifies the 4th Anti-Money Laundering Directive (AMLD 4) that was proposed in 2016 to counterterrorism funding through money laundering. AMLD 5 aims to establish a centralized and public register of companies and their ultimate beneficial owner. North America held the substantial market share in t...
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