Friday, 28 July 2017

Smart Water Meter Market To Grow At A CAGR Of 16.3% Between 2017 And 2025 – Credence Research

According to a new market report published by Credence Research Inc., “Global Smart Water Meter Market (By Technology (Automated Metering Infrastructure (AMI), Automated Meter Reading (AMR)), By End-use Application (Residential and Non-residential (Commercial and Industrial))) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025”, the global smart water market is expected to witness a growth of 16.3% CAGR during the forecast period 2017 – 2025.
Browse the full Global Smart Water Meter Market (By Technology (Automated Metering Infrastructure (AMI), Automated Meter Reading (AMR)), By End-use Application (Residential and Non-residential (Commercial and Industrial))) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at http://www.credenceresearch.com/report/smart-water-meter-market
Market Insights
Smart water meters are electronic devices that are used to read and measure water consumption. These are generally deployed by public water utilities that keep track of water consumption and water sent over the distribution network. Growing needs to reduce water losses through leakages and identify non revenue water, the utilities across the globe are integrating ICT solutions into their operation. This is expected to have positive impact on the overall adoption of smart water metering technologies. In addition, government mandates in several developed economies are promoting rollout of smart water meters for greater accuracy and efficient management of water utilities. These aforementioned factors are expected to contribute towards a compounded annual growth rate (CAGR) of xx.x% during the forecast period 2017 – 2025. Easy integration of residential smart water meters with the smart water network is one of the major factors driving their adoption in the residential segment. The use of smart water has gaining wide acceptance among on account of their ability to help residential owners monitor daily water consumption, identify and repair leakages, and participate in demand response. On the other hand, smart water meter installations also make it extremely easy for water utilities to bill their customers.
Competitive Insights:
The global smart water meter market is highly fragmented and technology driven. The top 4 players in the market account for less than 45% of the total market revenue. The market is characterized by the presence of good mix of domestic and international players. A new entrant needs to keep pace with the ever changing technology and hence is required to invest heavily in its research and development capabilities. On the contrary, strong government support and policies promoting water management is expected to increase the count of players entering the market in the coming years. Inorganic expansion through strategic partnerships and acquisitions is one of the major strategies adopted by the leading smart water meter manufacturers in the market. Some of the leading players identified in the global smart water meter market include Landis+GYR, Sensus, Itron Inc., Elster Group GmbH, Aclara Technologies, Arad Group, Badger Meter, Aquiba, Diehl Metering, Enware, Homerider Systems, Kamstrup, Master Meter, KROHNE, Mueller Systems, Neptune Technology, and SenTec among others. The global smart water meter market also includes large number of small players accounting for trivial market share individually.
About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

For More Information, Visit: http://www.credenceresearch.com/


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: +1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com

Non-Alcoholic Steatohepatitis Market To Reach Worth USD XX Mn By 2025 – Credence Research

According to the latest report published by Credence Research, Inc. “Non-Alcoholic Steatohepatitis Market – (Drug Type – Obeticholic Acid, Aramchol, Saroglitazar and Elafibranors): Market Growth, Future Prospects and Competitive Analysis, 2017-2025,” the market was valued at US$ 729.0           Mn in 2016, and is expected to reach US$ 20,676.0 Mn by 2025, expanding at a CAGR of 46.1% from 2017 to 2025.
Browse the full report Non-Alcoholic Steatohepatitis Market: Market Growth, Future Prospects and Competitive Analysis, 2017-2025 at http://www.credenceresearch.com/report/non-alcoholic-steatohepatitis-market
Market Insights                                                  
Nonalcoholic Steatohepatitis (NASH) is the progressive form of Nonalcoholic Fatty Liver Disease (NAFLD), wherein excessive fat deposition causes inflammation and damage to the liver, eventually leading to cirrhosis and increasing risk of liver failure and hepatocellular carcinoma in some cases. NASH affects around 2-5% of Americans and is considered to be one of the foremost causes of liver transplantation. Currently management of NASH includes lifestyle changes such as healthy diet, weight reduction and physical activity. Despite of growing treatment need there are no approved therapeutic for NASH. Some drugs are prescribed off-label such as Metformin which is used in type-2 diabetes and NASH. However, NASH therapeutics exhibit a lucrative pipeline with more than 20 drug candidates undergoing Phase II clinical trials. The most promising drug anticipated to enter the NASH market in the near future is Elafibranor (Genfit) and Obeticholic Acid (Intercept) which are undergoing phase III trials. Many pharma giants Allergan, Gilead Sciences, Novo Nordisk and Bristol-Myers Squibb are developing drugs for NASH which further boost the NASH market during the future period.
North America held the largest share in the global non-alcoholic steatohepatitis market. In U.S. more than 25% of the population is affected by NAFLD as mentioned by the America Liver Foundation. Moreover, the rate of obesity is increasing rapidly in the children and adult in the U.S. which is a primary risk factor for NASH. Furthermore, aggressive research and clinical trials in the region would further boost the non-alcoholic steatohepatitis market. According to the British Liver Trust, Non-Alcoholic Fatty Liver Disease (NAFLD) is considered to be the most common liver problem in the Western world, affecting 20-30% of the population.  Asia Pacific is one of the fastest growing NASH market due to alarming increase in the obesity rates in the region due to rising lifestyle changes. Moreover, the increasing number of research & development and supportive regulations are favouring the growth of non-alcohol steatohepatitis market.
Market Competition Assessment:
The non-alcoholic steatohepatitis market has major pharmaceutical companies such as Gilead Sciences, Novo Nordisk, and Bristol-Myers Squibb developing drugs for NASH or its consequences, with Allergan the latest to enter the space. Allergan acquired Tobira Therapeutics Inc. and Akarna Therapeutics Ltd. in the second half of 2016. These acquisitions provide Allergan a readymade pipeline for the potentially lucrative NASH market.
Key Market Movements:
–  Lucrative pipeline for NASH market with more than 20 molecules undergoing clinical trials would boost the demand for NASH market.
– Alarming rise in the diabetes and obesity prevalence would act as a driving factor for the growth of the NASH market.
About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

For More Information, Visit: http://www.credenceresearch.com/


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: +1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com

Global Wide Area RFID Systems Market To Grow At A CAGR Of 24.8% Until 2025 – Credence Research

According to a new market research report published by Credence Research “Wide Area RFID Systems Market (By Component– Tags, Readers, Antennas and Software; By End-use Industry: Automotive, Retail, Oil and Gas, Manufacturing, Healthcare and Others) Market – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025”, the global wide area RFID systems market is expected to witness significant growth during the forecast period from 2017 to 2025.
The complete report is available at http://www.credenceresearch.com/report/wide-area-rfid-systems-market
Market Insights
One of the major factors driving the demand for wide area RFID systems is rise in innovative applications. RFID technology has been used in various end-use industries over a long period of time. However, the use of this technology has been restricted to limited applications such as shipment tracking and inventory management. Wide area RFID systems enable identification, location and authentication of numerous objects simultaneously all across the facility. Thereby, wide area RFID systems have offered a viable solution for retail and fashion store operators to exactly locate different types of products and gain marketing insights through analysis of the data collected. In addition, wide area RFID systems have found immense adoption in various manufacturing, automotive, oil and gas industries. The use of wide area RFID systems has enabled organizations in various manufacturing industries to track assets, verified components and other resources in real time. Furthermore, with decreasing costs of RFID tags and readers, wide area RFID systems are expected to witness significant rise in terms of adoption in the above mentioned end-use industries.
Competitive Insights:
The global wide area RFID systems market is fairly fragmented with a large number of passive UHF RFID products providers across the world. However, the market has experienced an increasing number of innovative solution providers in the recent years. Companies have been working towards design and development of innovative applications to address industry specific use cases. Some of the leading providers in the wide area RFID systems market include Mojix, Inc., Impinj, Inc., Guard RFID Solutions, Inc., Balluff GmbH, PervasID Ltd., Shenzhen Jietong Technology Co., Ltd., Trackware B.V., Shenzhen Marktrace Co., Ltd., Idesco Oy, Balogh Group, GAO RFID, Inc. and Pepperl+Fuchs Vertrieb Deutschland GmbH.
Key Trends:
– Decreasing costs of long rage RFID readers leading to higher affordability and adoption
– Rising adoption in the automotive and retail industries
– Research and development towards innovative applications towards event safety and security applications
About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

For More Information, Visit: http://www.credenceresearch.com/


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: +1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com

Boom Irrigation Systems Market To Expand With A CAGR Of 7.6% From 2017 To 2025 – Credence Research

According to a new market research report published by Credence Research “Boom Irrigation Systems Market (Application – Vegetables & Fruits, Flower & Ornamental Crops and Nursery Crops & Herbs) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global boom irrigation systems market is set to expand with a CAGR of 7.6% through the forecast period of 2017 to 2025.

Browse the full report at http://www.credenceresearch.com/report/boom-irrigation-systems-market

Market Insights
Boom irrigation is among the most dynamic development in the overall micro irrigation systems industry. The system comprises a series of pipes connected with sprayers/micro-sprinklers that apply water by traveling over the plants. Boom irrigation systems are designed for high efficiency and accuracy in water application. Most of the boom irrigation systems include an irrigation controller that allows speed alteration, selecting areas to be irrigated and multiple passes over a given area. Some of the systems also include sensors capable of detecting mechanical failures and fluctuations in water pressure.

One of the most significant factors fueling the boom irrigation market growth is the steadily rising use of greenhouses and polytunnels in crop cultivation. Greenhouses enable crop cultivation irrespective of the season. With the growing food demand, greenhouses and polytunnels are expected to witness higher adoption in the following years. In addition, modernizing agriculture sector demands more efficient irrigation systems that involves less human labor and high efficiency. This would trigger the demand for boom irrigation systems during the forecast period. Another major factor driving the market growth is the superior advantages of boom irrigation over other methods used in greenhouses.

The most prominent advantage of using boom irrigation is the extreme uniformity in water application. Since the system is either self-propelled or towed, the overall operation is relatively less labor intensive. Additionally, boom irrigation vendors typically provide customized designs. Thus, consumers can have their irrigation system designed as per the farm size, crops and weather conditions. Nevertheless, high initial costs required for installing boom irrigation system is the major factor hindering the market growth.

The global boom irrigation systems market is segmented on the basis of applications and geographic regions. On the basis of applications, the market is segmented into vegetables & fruits, flower & ornamental crops and nursery crops & herbs. As of 2016, the market is led by the vegetables & fruits segment, contributing to more than forty percent of the total market revenue.

About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

For More Information, Visit: http://www.credenceresearch.com/


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: +1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com

Global Automotive Filters Market To Expand With A CAGR Of 6.7% From 2017 To 2025 – Credence Research



According to a new market research report published by Credence Research “Automotive Filters Market (Filter Type – Air Filter, Oil Filter and Fuel Filter; Vehicle Class – Two wheelers, Passenger Cars and Commercial Vehicles (LCV, HCV & Offroad); Sales Channel – Original Equipment Manufacturers (OEMs) and Aftermarket Sales) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global automotive filters market is set to expand with a CAGR of 6.7% through the forecast period of 2017 to 2025.


Market Insights
Automotive filters are responsible for efficient functioning of various automotive modules including engine, suspension, transmission, HVAC and several others. These are primarily used for filtering air (entering engine as well as vehicle cabin), engine oil and fuel. Due to growing need for more efficient and environment friendly vehicles, automotive filters have gained immense significance over the period of time. The overall automotive filters market is highly driven by the consistently rising automotive production across the world. Despite the automotive industry slowdown, the Asia Pacific region has managed to maintain its growth pace, in terms of automotive production and consumption. Subsequently, continued anticipated growth in the overall automotive sector is estimated to generate steady demand for automotive filters in the following years.

Another major factor fueling the market growth is tightening environment regulations on vehicle emissions. Increasing concerns regarding air pollution would escalate the demand for more efficient automotive filters in the following years. However, one of the major concerns for the automotive filters industry is the steadily rising popularity of electric vehicles. Growing penetration of electric vehicle eliminates the need for automotive filters and hence poses significant threat. Nevertheless, the impact is projected to remain minimal due to relatively slow pace of electric vehicles adoption across different regions.

The overall automotive filters market is segmented on the basis of filter type, vehicle class and end-user. Based on the filter types, the market is further classified into air filters, oil filters and fuel filters. The air filters segment is further categorized into engine air filter and cabin air filter. Currently, the market is dominated by the air filters segment. On the basis of vehicle class, the market is segmented into two wheelers, passenger cars and commercial vehicles. As of 2016, the market is led by the passenger cars segment, contributing to more than forty percent of the total market revenue. Further, the automotive filters market is categorized, on the basis of end-users, into OEMs and aftermarket sales.

About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

For More Information, Visit: http://www.credenceresearch.com/


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: +1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103


Thursday, 27 July 2017

Global Cartilage Repair Regeneration Market Is Expected To Reach US$ 3.11 Bn By 2025 – Credence Research

According to the latest market report published by Credence Research, Inc. “Cartilage Repair/ Regeneration  Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” the global cartilage repair/ regeneration  market was valued at US$ 1.90 Bn in 2016, and is expected to reach US$ 3.11 Bn by 2025, expanding at a CAGR of  5.6% from 2017 to 2025.

Browse the full report Cartilage Repair/ Regeneration Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/cartilage-repair-regeneration-market
 
Market Insights
Cartilage is smooth elastic tissue that protects the bone joints by preventing friction between the bones, cartilage damage generally caused by injury or trauma, congenital abnormalities or hormonal disorders. For the purpose of study, global cartilage repair/ regeneration market is segmented on the basis of treatment modalities such as cell-based approaches (chondrocyte transplantation and growth factor technology) and non-cell-based approaches (tissue scaffolds and cell-free composites) it is observed that in the base year 2016, cell-based approaches was major revenue generating segment because autologous chondrocyte implantation procedure preferably used in market due its effectiveness in a treatment of larger lesions. Based on treatment type cartilage repair/ regeneration market is categorized as palliative (viscosupplementation and debridement & lavage) and intrinsic repair stimulus, it is studied that currently palliative treatment held largest market share due to its cost effectiveness, faster recovery and safer treatment of option.

Currently North America dominating the cartilage repair/ regeneration market due to presence of key players in this market, wide availability of cartilage regeneration products, higher number of accidents and sports related injuries, rising number of orthopedic procedures and introduction of technologically advanced products are assisting market growth in North America. It is expected that Asia Pacific will grow significantly during forecast period because developing healthcare infrastructure, large number of investment and partnering of key player with local manufacturers are expected to drive the market growth.

Market Competition Assessment:
The Cartilage Repair/ Regeneration market is observed to be highly competitive and comprises number of key players. However, the market is currently dominated by few players such as Anika Therapeutics S. R. L., Arthrex, Inc., B. Braun Melsungen AG, Conmed Linvatec, Depuy Synthes (Johnson & Johnson Company), FIDIA Advanced Biopolymers, Harvest Technologies, Osiris Therapeutics, Inc., RTI Surgical, Smith & Nephew PLC, Vericel Corporation, Zimmer Biomet Holdings, Inc. and other.

Key Market Movements:
–  Factors such as increasing incidence of accidents and sports related injuries, growing incidences of orthopedic diseases, rising geriatric and obese population are driving the growth of cartilage repair/ regeneration market globally.

–  However, higher cost of knee cartilage repair surgeries, stringent regulatory requirements and limited health insurance coverage in some developing countries may hinder the growth of cartilage repair/ regeneration market globally.

–  Due to the high number of unmet needs, vendors in the market are focusing on innovation and technological advances in treatment, this would further influence the growth of cartilage repair/ regeneration market during forecast period.

About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

For More Information, Visit: http://www.credenceresearch.com/


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: +1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com