Li-Air Battery Market to Set Phenomenal Growth from 2018 to 2026 Estimated by Global Top Players

Li-Air Battery or Li-Oxygen battery is a metal–air electrochemical battery or cell chemistry that utilizes lithium oxidation at the anode and oxygen reduction at the cathode to induce potential difference and the current flow. Research for harnessing the power storage in an efficient manner had begun in 1970s, which has witnessed significant investment in the last few years. Technology is expected to be commercially utilizable by the 2020s. These are expected to find significant applications in smart electronics, proliferating electric vehicles and for power grid backup applications.

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Light weight, low cost, longer lasting power backup are projected to be the primary factors contributing to the industry growth”

Different packaging techniques to deliver efficient outputs are implemented to enhance the stability of the cells and usability for the commercial purposes. For instance, in April 2016, Cambridge scientists demonstrated lithium air battery that was featured with 90% efficiency and durability of up to 2000 battery cycles. Moreover, these battery are featured with relatively low weight density and charge holding capacity of around 5X the conventional Li-ion cells. These application features are among the prominent factors that have garnered huge R&D investments and are expected to drive growth of the Li-Air battery market over the forecast period.

Considerable problems owing to the power backup, specifically in the energy grids and the electric vehicles (EVs) are expected to be the prominent applications driving the development of these batteries”

Extensive development to harness the renewable energy sources to their maximum potential requires storage owing to the irregularity of the daily energy outputs. Owing to these factors, the utilization of these energies is limited to peak loads. Moreover, increased mileage of the EVs to garner increased adoption of environment friendly transportation means is expected to drive the demands for relatively higher charge density. Requirements to meet these demands, organizations are expected to explore the options viable to address the concerning issue. This is expected to drive the R&D and commercialization of these power storage options. For instance, Automotive and Surface Transportation, National Research Council of Canada; MIT researchers, and Cambridge scientists are few of the major participants that have witnessed considerable activities for the utilization of the technology.

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Significant challenges in these batteries that include fundamental limitations in terms of electrochemical stability are expected to be the major factors delaying the commercialization of the technology”

Several number of studies that were carried out over the past few years have revealed that high reactivity of the lithium peroxide, which is the after product leads to corrosion of both the carbon cathode layers and electrolyte layer. Moreover, owing to utilization of introduction air humidity, carbon dioxide and other impurities will hamper the utilization of these cells. High heat dissipation, large mechanical stress on the structure, low number of charge cycles, high charge degradation rates also add up to the existing challenges, which are expected to hamper the overall industry growth though the forecast period.

Considerable number of ongoing and existing alternative approaches for power storages will hinder the Li-air battery market”

Li-ion battery market is the major addressable that the ongoing research and development activities are expected to disrupt over the next few years. Some of these include gold nanowire cell, graphene cells, Microsupercapacitors, sodium ion, and foam batteries are few of the alternatives that can present substantial to the ongoing development in this industry segment. Advent of the technology is expected to create significant demands in the developed economies which will eventually expand to Asia Pacific representing the largest industry share. Addressing the existing technical problems is expected to remain the primary concerns of the industry participants over the next couple of years.

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Disaster Recovery as a Service (DRaaS) Market: Shows Increasing Demand To Be Observed In The Coming Decade

Disaster Recovery as a service (DRaaS) market refers to replication or hosting of virtual or physical servers to a third party business location, which either includes backup appliances or cloud, for enabling data and information recovery in case of any natural or manmade calamity. Significant number of advantages over the conventional disaster recovery, such as elimination of downtime, reduction in IT costs and resources is expected to present major traction to the industry growth.

Requirement to fix first and run later is eliminated owing to adoption DRaaS, is expected to prominent factor propelling the market growth

Mitigation and preparedness in emergence of a calamity is of significant importance, as corporate data is considered as high value asset in this data driven world. According to our research findings, digital information accounts for over 50% of the company’s total business value exceeding the software and IT infrastructure costs. Loss of consumer information, company and brand reputation, additional data recovery and other IT costs, and long business downtimes are among the major factors that can negatively impact the business propagation. Capacity of DRaaS to overcome these drawbacks is anticipated to be the major factor that will contribute to the disaster recovery as a service market growth. Moreover, owing to the cloud operations, these offerings provide smooth functioning of businesses through virtualization of the whole infrastructure. This enables the concept of run first and fix later capability for business functioning, which will continue to be the major growth factor over the forecast period.

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Advancements to enable full data recovery in least time requirements is expected to provide considerable boost to the industry growth

According to Coherent Market Insights research findings, hardware failures, software or upgrade installation, power loss or interruption, and accidental data deletion are among the major reasons leading to loss of data. Ability of the solutions to provide 100% recovery in matter of hours in such circumstances is expected to boost the adoption over the forecast period. Moreover, other attributes of these DRaaS include application recovery, ability to run IT systems through cloud, high resilience and security, and adherence to Sarbanes-Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIPAA), and Payment Card Industry Data Security Standard (PCI DSS) regulations have led to increased end use participants inclinations towards these solutions. Owing to increasing adoption, it is anticipated that these disaster recovery as a service market segment will evolve as part of the sustainable platform over the forecast years.

Growing security concerns and compliance requirements are expected to present major growth challenge to the industry participants

Increasing threats from malwares and data hacking incidences are expected to consistently challenge the overall IT infrastructure developments through the forecast period. Industry participants are increasingly required to meet the distinct regional regulatory requirements and international standards such as BCI standards, HITECH, PCI, and SOC2 among many others. Moreover, flow of data across international borders have to meet with several compliance obligations and restrictions. This is expected to present major growth challenge over the forecast period.

U.S. held the largest disaster recovery as a service market share in 2016, is expected to continue its dominance over the next few years owing to high adoptions and presence of reliable and chief industry participants in the region. Owing to considerable business demands in Asia Pacific, that specifically include countries as China, India, Japan and Singapore, the region is expected to witness growth over 30% CAGR during the forecast period.

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Chief industry participants include Acronis International, Amazon Web Services, Cisco Systems, Microsoft Corporation, IBM Corporation, Sungard Availability Services, VMWare, Hewlett Packard Enterprise, iland Internet Solutions, and NTT Communications Corporation, among few others. Collaboration and business expansion is expected to be the part of major strategic initiatives adopted by the industry participants. For instance, in June 2017, iland introduced secure cloud services from a new location in Amsterdam to enhance its offerings for end users.

Automotive Mudguards Market Drivers is Responsible to for Increasing Market Share, Forecast to 2026

Automotive mudguards, also known as fenders, are parts of automobiles that frames the wheel and prevent the sand, rocks, mud, liquids or any other forms of dust from getting sprayed into by the wheels of the vehicle in the air or on vehicles and pedestrians. These are standard fixtures that can also be customized based on the consumer requirement in aftermarket and attached externally. Commonly used materials include steel, aluminum, ABS plastics, PE and carbon fibers.

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Increasing demands for automobiles, specifically green mobility will provide considerable growth opportunity for the automotive mudguards market

Increasing consumer concerns regarding global warming, increasing investments in advancement of electric & hybrid vehicles and advanced engines to reduce emissions, regulatory amendments such as EPA in U.S. and European emission standards in EU are expected to drive the demands for better fuel efficiency vehicles. Various peripheral components of the vehicle influence the fuel efficiency of the vehicle. These factors inadvertently are projected to majorly contribute to the automotive mudguards market growth over the forecast period.

China and countries in Western Europe are increasingly encouraging the electric and hybrid vehicle purchases to regulate the fuel emissions and optimize their environmental impacts through government incentive plans, tax exemptions and dedicated parking spaces among the few other initiatives to encourage ownerships of these vehicles. In conjunction with the high growth market for these vehicles, increasing sales figures of other conventional vehicles is expected to provide potential growth prospects over the next few years. According to Organisation Internationale des Constructeurs d’Automobiles (OICA), international sales of vehicles witnessed an increase of around 4.65%, accounting for a Y-o-Y increase of over 93 million units in 2016.

Utilization of natural fibers in the manufacturing is expected to drive the demand growth

Increased usage of natural fibers in the manufacturing processes is a major trend gaining traction in the industry. These natural fiber polymer composites are environment-friendly, lightweight, and bio-degradable. Moreover, according to our research, incorporation of natural fibers can reduce over 25% of the vehicle weights in comparison to other glass reinforced fibers. These enhanced features are expected to provide large growth potential to the automotive mudguards market.

Passenger cars are expected to dominate the industry segment demands over the forecast period

Passenger car segment dominated the overall automotive mudguards market share in 2016, and is expected to continue its dominance over the next few years. Its growth can be attributed to large inclination of consumers towards owning cars, proliferation of commercial usage of automobiles such as car sharing and cab aggregators, and the pre-existing large consumer base across the globe. Moreover, large presence of aftermarket players that offer custom-made solutions to enhance the vehicle aesthetics and performance, will also continue to contribute to the industry growth.

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Asia Pacific will continue its dominance in the automotive mudguards market

Asia Pacific held the largest industry share in 2016 and is expected to continue its dominance, primarily owing to the presence of the world’s largest automobile market, China and the fastest growing automotive market in India. Growing employment opportunities have led to substantial per capita income and the affording capability of the population in the region. Moreover, increased spending on road infrastructure and manufacturing activities in the region will drive the growth of commercial and passenger vehicle demands. This will provide the required boost to the industry growth. Increased inclination of consumers towards high-end automobile solutions and decreasing price of gasoline will present considerable opportunities in the developed economies, such as U.S., Canada, UK, Germany and France.

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Industry presence is characterized by established presence of major players with moderate competition among them. Chief players in the automotive mudguard market include MrMudguard, Rhino Manufacturing, FeatherWing, KN Rubber, Jonesco, KWIK PFYT mud flaps, FIEM Industries, and Sant Manufacturers.

Asia Teleshopping Market Slated to Bring in US$ XX Billion by End of 2026

Teleshopping market, also known as direct response television shopping (DRTV), refers to the activity of buying services and products through over the phone or internet, in response to the advertisement on the television. Product and service offerings include range of products for home and personal use, such as consumer electronic products, apparel, accessories, personal care products, healthcare products and home furnishings.

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Exposure to large viewership and introduction of quality products are expected to provide major traction to the industry

Buying time slots on popular channels for infomercials that cater to large home audiences has led to increased product sales and high profit margins. Moreover, introducing high quality and branded products that can enhance consumer inclination will continue to provide significant boost to the market. Participants are increasingly involved in introduction of cutting edge products such as fitness products that can improve personal fitness with minimum efforts, consumables to improve health and accessories at highly competitive prices. Additionally, these products offerings are made highly attractive through associated benefit guarantees, cashback offers and other complementary products. The high visual impact created by product demonstrations that highlight the various unique features of the product has a greater influence on consumers, as compared to other advertising mediums such as A2P SMS or ecommerce websites are expected to drive the teleshopping market over the forecast period.

Increasing number of websites and mobile applications are expected to challenge the overall market growth

Amazon, Taobao, FlipKart, Alibaba, Snapdeal, and Didi Kuaidi are few of the ecommerce businesses that have witnessed significant growth over the last few years. Ease of access through mobile devices, multiple mobile payment gateway channels and increased usage of phablets, laptops and desktops, are the major factors that have led to significant ecommerce business traction. This has led to significant loss of consumers for teleshopping market, primarily owing to increasing consumer inclination towards product-on-demand. This is expected consistently hamper the overall industry growth through the forecast period. Moreover, these networks have been associated with misleading consumers about the product features. This has led to significant loss of consumer trust in the product offerings, in turn creating a major challenge to the industry

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Countries such as India, China, Malaysia, Philippines and Indonesia, where the internet proliferation is still in its nascent stage, owing to lack technological knowhow among its large consumer base is expected to provide significant growth prospects to the teleshopping market. Moreover, most emerging economies are characterized by large number of people relying on television as the only regular means of entertainment will aid the industry growth.

ShopChannel, China Shopping Network, Network18 (Homeshop18), Shop CJ, Naaptol, Zee Media Corporation Ltd., Telebrands Corp., are among the few major industry participants in Asia teleshopping market share. Along with introducing branded and quality products to enhance the business, participants are increasingly focusing on other communication channels to enhance the revenue. For instance, in April 2014, HomeShop 18 filed US$ 75 million IPO to gain an edge over online players. Moreover, other players are planning to enter the ecommerce space. HomeShop 18, Star CJ, and Naaptol have already entered the ecommerce segment for enhancement of the product sales.

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Automotive Roller Tappets Market Poised to Take Off by 2026

Automotive roller tappets, also known as valve lifter or cam follower, is a small equipment interposed between valves or the valve lifting mechanism and the cam shaft lobe, depending the engine design requirements. It is essentially a cup that provides housing to valve stem and valve return spring, and imparts the linear motion projection to component. This critical application in every automotive is expected to be the primary factor that will continue to provide industry growth through the forecast period.

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Proliferating adoption of variable valve timing (VVT) or dual VVT will be among the prominent factors fueling market growth

High performance automobiles and racing cars find substantial application of VVT technology. It enhances the performance through variating the valve timings and changing the duration of the valves when the engine is in operation. Incorporation of VVT and lift electronic control (VTEC), which is an advanced vehicle technology, allows integration of multiple camshafts through electronic or mechanical linking systems. This in turn also enhances the efficiency of the engines and performance through increasing the revolutions per minute (RPM). Owing to its critical applications in camshafts, increasing adoption of VTEC or VVT is expected to drive the automotive roller tappets market growth through the forecast period.

Mechanical products are expected to dominate the automotive roller tappets market share primarily owing to design simplicity and high consumer inclination

The mechanical segment consists of the cylindrical rod incorporated with tappet at the one end. When placed in between the push rod and cam lobe, it establishes and maintains small gap amidst the two ends. It pushes the rod for opening or closing the valve, when cam lobe comes in contact. According to Coherent Market Insights, the mechanical product counterpart is expected to continue its dominance over the forecast period, owing to its design simplicity and good performance over the next few years.

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Asia Pacific will continue its industry share dominance over the forecast period

High demands for automotive production in major Asia Pacific economies that include prominent countries such as China, India, Japan, Indonesia, South Korea and Thailand are expected to provide substantial growth prospects over the next few years. Moreover, establishment of production facilities in these regions by the major automobile industry participants that include General Motors, Daimler, and Volkswagen are expected to provide strong growth prospects for automotive roller tappets market growth.

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Industry competition is characterized by versatile presence of local, regional and international players. Local players are increasingly focusing on differentiating their products through providing low cost alternatives, wherein are finding difficult to cope up with the quality and extensive portfolio of the key brands in the industry. Key automotive roller tappets market participants include MPCams, Lunati, Crower Cams & Equipment, OTICS USA, ISKY Cams, Rane Engine Valve, Wuxi Xizhou, Yuhuan Huiyu, SM Motorenteile, Jinan, Schaeffler, Johnson lifters, Morel Lifters, NSK, and Competition Cams.

Mechanical, Electrical, and Plumbing (MEP) Services Market To Register High Demand Rate Worldwide: Top Manufactures, Challenges And Drivers By 2026

MEP services market is consistently driven by increasing infrastructural development worldwide. Mechanical, electrical and plumbing services, including designing, implementation, and maintenance form an integral part of the residential, commercial, and government buildings. Increasing infrastructure development in emerging economies and the requirement of the developed economies to upgrade their existing infrastructure is in turn expected to create highly conducive environment for growth of the global MEP services market.

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Rampant urbanization in emerging economies to present favorable growth prospects

According to World Bank Group, the global urban population growth rate has declined, which witnessed growth of over 2% in 2016. However, the global urban population accounted for over 54% of the globe in 2016. According to UN projections, this is expected to witness considerable surge in the years and will account for 66% of the global population by 2050. Increasing urbanization will present significant demand for the infrastructural development over the next few years. In conjunction with the development of residential facilities, requirement to avail the basic amenities of income and livelihood will drive demand for commercial and MEP services market over the forecast period.

Service outsourcing to ensure timely project completion and ensure fixed costs will present strong growth landscape

Considerable reduction of risks through outsourcing of business operations to MEP services market participants is expected to drive the growth of the business. These vendors handle the mechanical, electrical and plumbing associated tasks with the end users can maintain their focus on their core activities for the construction development. End user problems associated with the training, maintaining, and retaining the skilled workforce is considerably reduced. Moreover, expertise of these businesses in the quality and durability of the projects within the stipulated time and costs is expected to be prominent growth factor fueling the industry growth.

3D modeling and virtual project planning to streamline the project costs has gained significant traction over the past few years

Preplanning the design layouts and associated approximation of the cots can be approximated at the project initiation. However, these 3D modeling and virtual project planning aids the participants in gaining better approximations and explore design defects. Moreover, the related costs associated with the project prototyping, layout designs and time required is significantly reduced. Thus, virtual project planning has gained significant traction in the industry, is expected to be among the key trends that will help the participants garner better margins.

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Airport Automated Security Screening Market Grow Owning to Innovations in Technology

Airport automated security screening market was pegged at around US$ 2 billion in 2016, and is expected to register growth at around 5% CAGR through the forecast period (2017–2025). Increasing requirement to provide mechanized assessment of passengers and luggage, with minimal human errors and reduce time, efforts and expenses in the process is among the primary factors that will fuel growth of the airport automated security screening market.

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Increasing concerns regarding terrorist activities and smuggling is anticipated to drive the technology demands

Requirement to prevent illegal goods trafficking, airplane hijacking and planting explosives in aircraft is the major factor that will drive the demands for these systems. Moreover, according to International Air Transport Association (IATA), the global demand for air travel is projected to register growths at over 3.7% CAGR, accounting for 7.2 billion passengers to travel in 2035. Increasing demands for air travel will in turn lead to increased demands for reducing queue times and efficient security platforms for good consumer experiences. Increasing requirement of automated screening processes to meet these increasing demands will provide considerable growth prospects for airport automated security screening market.

Airport Automated Security Market Taxonomy

On the basis of end use, the global airport automated screening market is classified into:

  • Access control
  • Passenger screening
  • Baggage screening

Requirement to enhance passenger safety and misuse of access through contractor and staff ID badges is expected to drive the demands for biometric technology

In June 2016, U.S. Customs and Border Protection deployed biometric based facial recognition exit systems at Washington Dulles International Airport. Moreover, international demands for installation of biometric systems have registered significant surge over the past few years. Large potential of biometric technologies such as iris, retina, face, and fingerprint recognition, and advent of palm vein detection to scan the blood vein patterns through linking biometric information to identification will lead to considerable reduction in waiting times and human errors in the procedures. In conjunction with this, enhancement in safety protocols, cost efficiency and reliability of biometric systems will provide substantial growth prospects for the global airport automated security screening market during the forecast period.

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Advanced Farming Market is expected to have the highest growth rate during the forecast period 2026

Advanced farming market caters to agriculture-based activities through utilization of connected and advanced information technologies for the analysis, monitoring, identifying and controlling the field operations to maximize the yield and ensure profitability. Moreover, optimum utilization of the available resources that include light, water, space, energy and costs associated with the maintenance form the primary factors that are expected to drive overall demand.

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Growing global population and the increasing requirement to suffice the basic needs that include food, and clothing will drive the demands”

According to Population Reference Bureau, global population in 2016 was over 7.4 billion, which is expected to cross 8.5 billion by1 2030. In addition to this, the urbanization of the economically developed and developing regions is expected to witness significant growth over the forecast timeframe, necessitating increased demands for the agricultural produce. Moreover, limited land, water, and other resources for these activities is expected to instantiate demands for increased outputs in the available resources. This will in turn drive the growth of advanced farming market, specifically in the regions with unfavorable natural climate and densely populated that include the U.S., Western Europe, China, India, and few other economies.

Proliferating incorporation of advanced sensors and precision software and hardware technologies will present strong consumer inclination for increased agricultural produce”

Agricultural drones for monitoring field conditions by AgEagle; advanced analytics for agronomic analysis by Aglytix; multi-sensor Vector Probe by probe AquaSpy, Virtual Optimizer (VO) water management tool that monitors soil moisture and provides virtual agronomist services by CropMetric; and API connectivity between fleet of green and yellow earth movers by John Deere are few of the major advancements in the advanced farming market. Moreover, many other major developments to enhance agricultural produce are taking place on daily basis, is expected to garner significant growth opportunity over the forecast period.

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Lack of proper knowledge, insufficient internet connectivity, and lack of appropriate IT infrastructure to support these technologies will continue to hamper the industry growth”

China, India, Russia, Indonesia, Thailand, and Brazil are among the major global agricultural production economies. These are the economically developing regions wherein the rural produce forms the major proportion of the country produce. Lack of appropriate knowledge of the advanced farming processes, low consumer motivation, high operational complexities, and lack of affordable internet connectivity is the major challenge hindering the overall industry growth.

U.S. is expected to dominate the overall advanced farming market adoption rates over the forecast period”

High consumer motivation towards advanced technologies, extensive government initiatives to support the agriculture from the U.S. Department of Agriculture and high production demands will drive the regional growth over the forecast period. China, India, Indonesia and Thailand are among the most potential markets across the globe, however, lack of proper infrastructure and knowledge for the handling of these systems will continue to interfere with the growth prospects.

Chief industry participants in the advanced farming market include Trimble Navigation, AGCO Corp., John Deere & Company, Raven Industries, and AgJunction Inc. Industry is characterized by moderately fragmented market share with large number of regional players dominating the regional share. Moreover, over the last few years, industry has witnessed increased emergence of startups to capitalize on the existing opportunities. For instance, The Climate Corp, Solum, Soil IQ, and SmartGardener are among the few of the players that have gained significant interests of the industry participants.

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64bit computing Market Estimated To Witness a Phenomenal Growth by 2026

Bit computing refers to the bit number in a processor corresponding to processing speed and storage capacity. In computer architecture, a processor with memory address widths, integer size, and data path widths of 64 bits is referred to as 64-bit computing. Advanced technologies such as collision avoidance systems, parking assistance, and lane departure warning in the automotive industry, require instillation of 64-bit processors for smooth functioning. Growing integration of these technologies in automotive is in turn, increasing demand for 640-bit computing, globally. According to International Energy Agency Organization, in 2016, over 750,000 electronic cars were sold worldwide, with China, the U.S., Norway, U.K., France, and Japan being major countries in this market.

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North America holds the largest market share of the global 64-bit computing market

On the basis of geography, the global 64-bit computing market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held a dominant position in the global 64-bit computing market in 2016 and is projected to retain its dominance throughout the forecast period. Due to increasing demand for microcontrollers in photovoltaic systems and smart energy management application is boosting growth of the market for 64-bit computing in the North America. Additionally, the increasing penetration of smartphone and tablets and other consumer electronic devices is creating growth opportunities for the 64-bit computing market in this region. The U.S. and Canada are the major growth engines in the region. According to Coherent Market Insights’ analysis, 207 million smartphone users were recorded in 2016, the number for which is expected to reach up to 264 million smartphone users by 2021. Similarly, in Canada, smartphone user population is expected to reach 27.3 million by 2021 i.e. 72.2% of the total population. Asia Pacific 64 bit computing market is expected to exhibit fastest growth in the near future. Growing automotive and consumer electronics industry in Asia Pacific countries is a major factor influencing growth of the 64-bit computing market in this region. Increasing adoption of electronic vehicles in Asia Pacific is increasing the demand for 64-bit computing. China is the leading country for the electronic cars worldwide, followed by the U.S.

Key companies in the global 64-bit computing market

Key players operating in the global 64-bit computing market include Analog Devices, Inc., Applied Micro Circuits Corporation, Broadcom Limited, Cavium Inc., Infineon Technologies AG, Intel Corporation, NVIDIA Graphics Pvt. Ltd, and NXP Semiconductors N.V.

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Construction Material Testing Equipment Market to Witness Robust Expansion Throughout the Forecast Period 2018 – 2026

Construction material testing equipment finds significant applications in the infrastructure building process, primarily owing to the requirement to ensure the safety of the humans, goods and amenities in the building. Requirement of elimination of hazards from every individual building procedures, from selection of lands, concrete & aggregates, cements, bituminous materials, steel, masonry, steel to the mission critical testing of pavements and roads.

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Requirement for compliance with the national and state directives and regulations regarding the infrastructure will further propel market growth

Most residents are unaware of the standards required for the residential and commercial buildings. In order Requirement to keep a check on human safety, national and state regulatory authorities have established various standards, directives and regulations for these buildings. Regulations also cover the different infrastructure categories that include utilities, industries, telecommunication, transport, and others. For instance, Australasian Procurement and Construction Council in Australia, Environmental Protection Agency and national Association of Home Builders in U.S., and Construction Products Regulation by European Council in EU are few among the many regional bodies that are responsible for the building standards. Requirement of compliance with these regulatory bodies and ensure the requirements are met, construction material equipment market will witness substantial growth over the forecast period.

Residential and commercial infrastructure is expected to dominate the global demands over the next few years

Growth of residential housing is anticipated to be the primary growth driver for all the other associated infrastructure that includes transportation, utilities, and other commercial activities. However, according Coherent Market Insights, there have been several incidences of paradigm shifts with the development of commercial and manufacturing activities that in turn led to traction of residential buildings in the vicinity. In both scenarios, residential segment is expected to register highest traction, which is expected to present highest demands for the construction material testing equipment market.

Construction Material Testing Equipment Market Taxonomy

On the basis of testing equipment, the global construction material testing equipment market is classified into:

  • Soil testing equipment
  • Aggregate testing equipment
  • Concrete testing equipment
  • Cement testing equipment
  • Asphalt testing equipment
  • Pavement testing equipment
  • Laboratory testing equipment

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