High Voltage Direct Current (HVDC) Transmission Systems Market Expected to Expand at a Steady CAGR through 2026

FMI_FacebookHigh-voltage, direct current (HVDC) system is an electrical power transmission system which uses direct current for long distance electrical power transmission as opposed to more common alternating current power transmission systems. These systems are economical and offers better stability than AC line or AC cable and can be easily customized to specific function to improve the reliability of the network. HVDC systems can be applied at any voltage levels which makes it possible to connect the systems between two asynchronous networks. Demand for the HVDC systems is mainly from the countries where power stations are located at larger distance from consumer ends such as India & China and is less from the densely populated areas such as countries in Europe since the electrical losses are negligible at smaller distances. Global HVDC market is witnessing new product developments and large scale agreements, collaborations and partnerships across the value chain, with a number of tier-one companies globally. Currently large number of projects deployed uses line Commuted converter LCC technology, however focus on increasing the use of non-renewable energy sources has increased the demand for voltage Source Converter technology VSC.

High Voltage Direct Current (HVDC) Transmission Systems Market: Drivers and restrains

Demand for the HVDC systems is expected to rise due to difficulties of AC systems operation from its continuous expansion. Also, rising concern over electricity consumption, stringent government laws towards electricity transmission are some of the major drivers along with macroeconomic factors such as growing GDP are fuelling the growth of the global HVDC transmission systems market.

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However high cost of implementation and slower adoption rate of newer technology can pose a major challenge towards the growth of the global HVDC transmission systems market.

High Voltage Direct Current (HVDC) Transmission Systems Market: Segmentation

Global HVDC transmission systems market cane segmented by technology, by configuration, by component, by application and by geography.

Based on technology the market can be segmented into:-

  • LCC (Line Commuted Converters)
  • VSC (Voltage Source Converters)

Segmentation by configuration includes:-

  • Back to Back
  • Monopolar
  • Bipolar
  • Multi-Terminal

By component the market can be segmented into:-

  • Converter
  • Converter Transformer
  • Filter

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By application the market can be segmented into:-

  • Offshore applications
  • Onshore applications

High Voltage Direct Current (HVDC) Transmission Systems Market: Overview

The global HVDC transmission system market is expected to grow with significant rate over the forecast period from 2015 to 2025. Developed economies such as U.S. and U.K. is anticipated to play major role in first half of forecast period 2015 – 2020 while during the second half of the forecast period emerging economies such as India, China and Brazil is forecast to surge the demand for HVDC transmission systems

High Voltage Direct Current (HVDC) Transmission Systems Market: Region wise outlook

Geographically, the global HVDC systems market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. By 2015 end North America is expected to hold the largest market share followed by APEJ. BY 2025, APEJ is expected to emerge as market leader in HVDC systems.

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High Voltage Direct Current (HVDC) Transmission Systems Market: Key Players

Some of the major players identified across the global HVDC systems market includes ABB Ltd., Aecom, Alstom SA, General Electric Co., Hitachi Ltd., National Grid, Schiender Electric, Siemens AG, Toshiba Corporation, Transgrid Corporation and Transgrid Solutions. Among the major players in the global HVDC systems market ABB Ltd holds the market share.

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Research Offers 10-Year Forecast on Acai Berry Market

FMI_FacebookAcai berry is a reddish-purple fruit which comes from acai palm tree and is found mostly in central and South America. It is a delicious dark berry packed with natural antioxidants, including vitamin C, vitamin E and special phytonutrients called anthocyanin. Studies show that Acai provides significantly more antioxidants than such well-respected foods such as blueberries, oranges and even red wine. Due to the vitality of this fruit, it is also referred to as the “Viagra of the Amazon.” In addition to the antioxidants mentioned above, Acai is rich in fiber and contains Vitamin B1, B2, B3, Vitamin E, Vitamin C, Calcium, Potassium, Proteins, and healthy fatty acids Omega 6 and Omega 9. Thus, we could witness a rise in the demand for acai berry in the market.

Acai Berry Market: Drivers & Restraints

Due to the growing prevalence of health disorders, consumers are turning their preferences towards healthy fruits, vegetable and beverages. Thus, market for acai berries is growing with a significant pace. Consumers are becoming aware about the various benefits of acai berry and are turning towards consuming acai berry based products.  Acai berry fruits have high antioxidant properties which enhance the general well-being and support weight loss.

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Another important driver for the acai berry market is the growth in the organic cosmetic industry which is also playing an important role for the increase in the demand for acai berries. However, there are many threats for the acai berry market in the form of conventional allopathic medicines and chemical based cosmetics. Growth of nutraceutical industry might prove detrimental for the acai berry market.

Acai Berry Market: Segmentation

The acai berry market can be segmented on the basis of application. This can be further segmented into Functional Food and Beverages, Pharmaceuticals, Dietary Supplements, Personal Care/ Cosmetics and Others. The market can also be segmented on the basis of form of availability, viz; pulp, juice and powder.

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Acai Berry Market: Region Wise Outlook

Geographically, the acai berry market is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA) and Japan. Among all the countries, Brazil and America is leading in terms of volume in the global acai berry market followed by Asia Pacific, North America & it is expected that in near future, Asia Pacific is going to lead this market.

Acai Berry Market: Key Players

Some of the key players across the value chain dominating this market are The Berry Company Llc, Phyto Nutraceutical Inc., Jinan Felicity Biotechnology Co., Ltd, and Pharma Nutra USA. These companies are developing market strategies such as mergers and acquisitions, Joint Venture, New product development and Expansion to increase their market share in Global Functional Beverages Market.

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Palletizing Systems Market Expected to Expand at a Steady CAGR through 2026

FMI_FacebookPalletizing systems are the equipment that helps in automatic compiling of products on a pallet. A palletizer is basically designed and structured to organize, align and pack various products on a pallet for forwarding of freight. Palletizing and pallet wrapping symbolizes highly useful facets of the end of a packaging line, which is the core function of every industry and indicates the product’s cycle involving multifaceted distribution network and modes of transportation. The techniques and methodology in palletizing differ from manual palletizing to semi-automatic and automatic procedures. The implementation of palletizing varies depending on the requirement by end-users. Over the past few years, more number of advanced automatic and robotic palletizing systems have emerged all over the world. Advancement in technology, requirement to expand speed as well as quality of packaging lines along with changing dynamics of preferences of consumers has fostered the development of more automated and robotic palletizing systems. It has been noticed that, robotics has become an essential part of the packaging domain. The palletizing systems market has grown at a rapid pace over the past few years and is likely to expand at a stupendous CAGR over the next few years.

Global Palletizing Systems: Market Segmentation

The Global Palletizing Systems market is segmented on the basis of types which include floor level palletizers, high level palletizers and robotic palletizers. The robotic palletizers are further bifurcated by inline palletizing, layer palletizing and mixed case palletizing. The robotic palletizers captured significant share in the total revenue of the global palletizing market in 2015. Thus due to its superior automation features, the robotic palletizers are expected to account for highest share in the overall revenue of the market by 2026. The global palletizing systems market is also divided by applications such as case palletizers, pail palletizers, bulk palletizers, and bag palletizers. The global palletizing systems market is also fragmented by type of techniques which include semi-automated palletizing, automatic palletizing.

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Global Palletizing Systems Market: Growth Drivers

Advancement in technology along with the prominence of the conglomerates on enhancing operational efficiencies and supply chain utilizing palletizing systems are fostering the growth of the global palletizing systems market. Apart from this, the robust demand for palletizers in food and beverage is foreseen to strengthen the growth of the global palletizing systems market over the period 2016-2026.  It has been noticed that beverage and food industries are gradually inculcating and efficient and innovative ways to packaging, thus increasing demand for newer machines in palletizing. The evolution of new human machine interface controls, which are changing both old and robotic palletizers by providing features for handling multi-case sizes, layers of product and patterns are anticipated to expand the growth of global palletizing systems market over the next 10 years from 2016-2026.

Global Palletizing Systems Market: Regional Outlook

Geographically, the Global Palletizing Systems industry can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Amongst all the mentioned regions, Europe captured the highest share in the overall global palletizing systems market in 2015. In the same year, Europe, The US and Asia Pacific captured the highest share in the global palletizing systems market. Asia Pacific region is expected to develop as a rapidly growing market for palletizing system during the forecast period. Middle East and Latin American countries are also anticipated to observe rapid growth in future.

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Global Palletizing Systems Market: Players

Some of the major conglomerates capturing the substantial market share in the Global Palletizing Systems market includes ABB Flexible Automation Inc., Kuka Roboto GmbH, ABC packaging, Intelligrated Inc, Cermex group, Beumer Corporation, KHS GmbH, Alligator Automation Inc, Adept technology Inc., and others. The companies are focusing on development of more robotic palletizers as per the requirements in various industries and in order to gain the competitive advantage in the global palletizing systems market.

Vacuum Packaging Market Size, Analysis, and Forecast Report: 2016-2026

FMI_FacebookVacuum packaging is a modern methodology for packaging food and various other products. The process involves withdrawal of the air included in the package and then sealing it. Vacuum packaging is a common technique of extending the shelf life of food related products without adversely impacting their quality. Vacuum packaging is an efficient way of decreasing food spoilage, but also generates situations which assist in the growth of anaerobic organisms. Over the past few years, vacuum packaging has become an encouraging packaging solution to guarantee product safety and protection for longer periods. The intensifying awareness of reliable and superior-quality packaging food in emerging economies is one of the major factors contributing significantly for the growth of the vacuum packaging market. Due to speedy urbanization and industrialization the vacuum packaging market is undergoing technological advancements. New and innovative developments which includes production of vacuum packages that holds recyclable packaging, and light-weight packaging are accumulating value to the vacuum packaging market. The vacuum packaging market has grown at a rapid pace over the past few years and is likely to observe stupendous growth during the forecast period.

Global Vacuum Packaging: Market Segmentation

The global Vacuum Packaging market is segmented on the basis of application which includes pharmaceutical, food, packaging of consumer goods and industrial packaging. In 2015, food packaging captured the maximum share in revenue terms in the global vacuum packaging market. The segment is anticipated to remain dominant during the forecast period. The global vacuum packaging market is also bifurcated on the basis of machinery types used for packaging of the products such as external vacuum sealers, thermo formers, tray-sealing machine, and other machines. The global vacuum packaging market is also divided on the basis of pack type which includes rigid packaging, semi-rigid packaging and flexible packaging. Flexible packaging is likely to grow at a significant pace over the next ten years from 2016-2026. The global vacuum packaging market is also fragmented by materials such as polyamide, ethylene, polyethylene and vinyl alcohol.

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Global Vacuum Packaging Market: Growth Drivers

Robust consumption of convenience and processed food has been the major growth drivers of the global vacuum packaging market. Rising consciousness about food safety and hygiene have become consumer’s foremost urgency. This has inclined the demand for vacuum packaging all across the world. Rising household income as well as inclination to spend for hygienic food are anticipated to impel the growth of global vacuum packaging market during the forecast period. Apart from this, speedy industrialization in the developing economies along with higher population growth are anticipated to bolster the growth of global vacuum packaging market during the period 2016-2026.

Global Vacuum Packaging Market: Regional Outlook

Geographically, the Global Vacuum Packaging industry can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Asia-Pacific region captured the highest share in value terms in the global vacuum packaging market during 2015. The region is likely to be dominant in future due to robust demand for packaged food in emerging economies of Indian and China till 2026. Europe is anticipated to be the second largest market in terms of revenue during the period 2016-2026.

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Global Vacuum Packaging Market: Key Players

Some of the key vendors identified across the value chain in the global Vacuum Packaging market include CVP Systems Inc., Berry Plastics Corporation, Linpac Packaging Limited, Amcor Group, Coveris Holding S.A., Ulma Packaging, Multisorb Technologies Inc., Orics Industries, and Sealed Air Corporation. The vacuum packaging manufacturers have wide product portfolio and substantial capital for research and development. The launch of new products as well as the expansion are anticipated to be the major strategies of the key vendors to gain the competitive advantage.

FMI_FacebookBusiness process as a service (BPaaS) is providing business processing outsourcing (BPO) service through cloud services. BPaaS can cater various business process including horizontal and vertical business services. Now-a-days, the companies are looking for service oriented approach to fulfill their BPO services need which is one of the reasons cloud services has witnessed traction in its adoption globally. Companies are adopting BPaaS solutions to obtain competitive edge and distinguish themselves from their competitors by focusing on their core business.

Growing acceptance of technologies such as cloud computing, business analytics, social media platforms, and process automation software are contributing to the growth of the market. BPaaS solutions assist in reducing cost and increasing operational efficiency by restructuring the system background, hence, providing a technological environment on a unified centralized platform.

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Features of BPaaS

  • It includes all the three fundamental cloud services: SaaS, PaaS, and IaaS
  • It contains well deigned set of application programming interface (API)
  • It is able to handle massive scaling of process

Business Process as a Service (BPaaS) Market: Drivers and Challenges

The main driver of BPaaS market is growing need to improve business process agility at minimum cost. The growing adoption of service models with suitable payment options is also contributing in the growth of the market, with service providers offering pay per use pricing options. Factors such as globalization of markets, prominence of cloud technology, increasing adoption trend of BPaas in SMBs, and increased IT spending are also driving the growth of global BPaaS market.

Currently several cloud based applications are available in BPaaS market. The biggest challenge is identifying the most suitable business process service plan to cater the need of particular organizational function, and deploying it smoothly in current work scenario. In business organization, the existence of problem with IT integration is prevalent. Lack of understanding of cloud and integration of BPaaS solutions within the existing infrastructure results in different business process outcomes, this is another challenge global BPaaS market is facing.

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Business Process as a Service (BPaaS) Market: Segmentation

Segmentation of business process as a service (BPaaS) market on the basis of process:

  • Human Resource:

Today, the biggest challenge HR department is facing in any business organization is better utilization of talent and resources available internally. In order to achieve this, HR department works on the principle beyond the traditional concept of reducing the cost per employee and focuses on improving employee experience and productivity. Human resource outsourcing meets all these HR objectives of a particular business organization.

  • Finance and Accounting:

Financial institutions worldwide are pressurized by the impact of higher volatility, and regulatory and socio-political environments. Finance and account outsourcing helps financial organizations by adding value through cost reduction and optimizations, audit recovery, revenue prediction, and enhanced stakeholder experience.

  • Marketing and Sales:

Marketing and sales management services have moved beyond expending on acquiring customers to creating platforms which builds brand loyalty. This platform assist in generating revenue, reducing cost and provide enhanced customer experience which is standard across multi-channel environments.

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Regional Overview

North America presents largest market opportunity for BPaaS service providers, in countries such as the U.S. and Canada, the growing desire to reduce the capital expenditure and improve  operational efficiency is driving business organization to adopt BPaaS solutions.

In Asia-Pacific region, the growth of market is driven by expanding enterprise sector and broadband penetration in countries such as China and India. In Europe region, there is a growing need among the business organizations to deploy a holistic solutions that would address the total cost of service delivery rather than just operational cost.  Business enterprises in Latin America and Middle East and Africa regions are adopting BPaaS solutions in order to overcome outdated technological glitches that reduce the effectiveness of business process.

Business Email Market Size, Analysis, and Forecast Report: 2016-2026

FMI_FacebookElectronic mail solution or preferably called email solution, specializes in the day-to-day management of your email services which allows users to remain focused on more critical operations of business. Email solution providers make it simple for organizations and enterprises to communicate across as well as get tasks implemented by offering a reliable, business suited email software to meet such needs. The business email solution offers multiple layers of premium virus and spam protection and keep hosted email advertisement free. Business organizations across the globe are now steadily adopting the strategy of migrating their email to cloud to reduce costs. The enumeration of organizations migrating to cloud-based email and collaboration services has continued to build over the past few years, where previously small and medium business (SMB) were the key end-users of business email solutions, now larger organizations are aggressively moving to the cloud. The current number of email users worldwide in 2015 is recognized to be about 2.6 billion, and this figure is expected to grow at a healthy CAGR till 2026. While total worldwide email traffic estimated to about 200 billion email per day in 2015, the corporate emails represent the major share of this total value.

Business Email Market: Segmentation

Business email market is segmented on the basis of deployment model, end-user and region. According to deployment model, business email market can be segmented into on-premise and cloud-based deployment. On the basis of end-user, business email market can be segmented into small business, medium business and large enterprises. Regionally, business email market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

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Business Email Market: Regional Outlook

Business email market is witnessing stable growth and is expected to grow steadily during the projected period. North America is the dominating region in business email market and is expected to remain dominant followed by Western Europe during the forecast period. Asia-Pacific is expected to exhibit highest CAGR due to rapid progress in enterprise sector across evolving economies of countries like India, China and Philippines.

Business Email Market: Drivers

Business email market is being primarily driven by organizations’ need for a formal communication platform. Growing influx of SOHO (Small Office/Home Office) and SMB’s (Small and Medium Businesses) across the globe is driving the growth of business email market. Furthermore, increasing popularity of cloud-based business email solutions is expected to fuel the growth of business email market during the projected period. However, security concerns regarding cloud-based email solutions coupled with need for dedicated internet connection are expected to restrain the growth of business email market amidst the forecast period 2016-2026.

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Business Email Market: Key Players

The key vendors in the Business email market include Google Inc., Microsoft Corporation, Yahoo Inc., Rediff.com India Ltd., Rackspace Hostings Inc., GoDaddy Inc., IBM Corporation, Intermedia.net Inc., Fastmail, Zoho Corporation and others. Major players in the business email market boost their market share by mergers & acquisitions with other players in the market. Furthermore, long-term collaboration with cloud-based storage providers is another strategy followed by major business email providers to gain competitive edge.

Carbon Capture and Storage (CCS) Market Size, Analysis, and Forecast Report: 2015-2025

Globally, large quantities of fossil fuels are consumed for a variety of industrial processes such as those in steel industries, cement industries and in power generation. Combustion of fossil fuels at such a large scale results in emission of carbon dioxide and other greenhouse gases in to the atmosphere. Ever increasing amount of these gases in the atmosphere have resulted in irreversible phenomena such as climate change, depletion of ozone among the others. Sighting these and several other imminent threats, an ingenious technology namely Carbon Capture and Storage (CCS) has been increasingly adopted across the globe in recent years. Carbon Capture and Storage (CCS) is a process wherein up to 90% of carbon dioxide emissions produced as a result of combustion of fossil fuels, are captured. Thus, preventing them from entering the atmosphere. The process comprises three steps, first step involves capturing the carbon dioxide which is emitted, second step involves transportation of the captured carbon dioxide and the third step involves its secure storage.

Carbon Capture and Storage Market: Drivers & Restraints

The growing concerns as regards the environmental hazards and irreversible changes resulting from the emissions in to the atmosphere have resulted in implementation of stringent regulations pertaining to emissions into the atmosphere. These in turn have prompted companies across the globe to develop processes that are efficient at the same time are environmentally friendly.

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The ever growing use of fossil fuels and industrial growth both in developed and developing parts of the world is expected to drive the demand, proliferation of Carbon Capture and Storage technology, in turn resulting in growth of global carbon capture and storage market. Moreover, the fact that, implementation of Carbon Capture and Storage technology provides a relatively more viable option than that of switching over to use of alternative energy resource, is expected to drive the growth of global Carbon Capture and Storage market across the globe.

Carbon Capture and Storage Market: Segmentation

Depending on the technique used for carbon capture, global Carbon Capture and Storage market can be segmented in to the following key segments:

  • Pre-combustion
  • Post-combustion
  • Oxy-fuel combustion

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Carbon Capture and Storage Market: Region-wise Outlook

On the basis of geographic regions of the globe, global Carbon Capture and Storage market is segmented into seven major segments. These key regional market segments are North America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa, Latin America Carbon Capture and Storage markets. North America carbon capture and storage market is among the leaders as far as adoption of Carbon Capture and Storage technology is concerned. It is expected to register steady growth during the forecast period.

Carbon Capture and Storage Market: Key Players

Some of the identified major participants of the global Carbon Capture and Storage market are as follows:

  • Linde AG
  • Shell Cansolv
  • Alstom
  • Schlumberger Limited
  • Mitsubishi Heavy Industries, Ltd

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