Benefit Global Food Service Equipment Market

In a recent market study offering, Transparency Market Research (TMR) states that the global food service equipment market will reach a valuation of US$44,326 million in 2020, increasing from US$31,544 million in 2013. If the figures hold true, the market will display a 4.8% CAGR from 2014 to 2020.The report, titled “Food Service Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on the company website.According to the report, massive growth of the hospitality industry is one of the primary factors driving the food service equipment market. Moreover, busy lifestyles in the modern world, with a large female workforce, has led to changing eating habits. This has led to high demand for ready-to-eat food, which in turn has fuelled the demand for commercial refrigeration systems.

Browse the full Food Service Equipment (Commercial Refrigeration) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/food-service-equipment.html

In addition, continually advancing cooling technologies are fostering the need for energy-efficient refrigeration systems in the hospitality industry. Furthermore, the rising number of supermarkets, hypermarkets, and specialty food stores has spurred demand for commercial food service equipment.The report segments the food service equipment market on the basis of product and region. By product type, in 2013, walk in coolers and freezers contributed the largest market revenue, worth US$5,287.7 million. In terms of volume, in 2014, walk ins registered a total sales figure of 990,790 units. Owing to the cropping up of a large number of hotels and restaurants differentiated by luxury and size, the walk ins product segment of the market has witnessed substantial growth.

Additionally, walk ins are also utilized to store vaccines and perishable drugs in the healthcare sector. This factor is also contributing to the growth of this product segmentation.However, beverage dispensers will emerge as the fastest growing product segment during the forecast period, adds the report.North America led the regional market for food service equipment in 2014, accounting for US$8,928.9 million. This is mainly due to the fact that North America is an early adapter of all novel technology. Additionally, growth of the hospitality sector in the region is contributing to the food service equipment market in the region. The region registered a growth of 5.6% in the food service equipment market in 2014 in comparison to the previous year.

China is expected to emerge as the fastest growing regional market for food service equipment in the forecast period. The region is expected to exhibit growth at a 5.3% and 7.5% CAGR in terms of revenue and volume, respectively. This is attributed to the presence of major refrigeration equipment manufacturers in the region. On the competitive landscape, the report profiles major participants in the global food service equipment market. The key players operating in the food service equipment market are profiled on the basis of company overview, business strategies, financial overview, product portfolio, and recent developments.Ali Group, Hobart Corporation, Hoshizaki Electric Co. Ltd., Dover Corporation, Meiko, Manitowoc Company Inc., and Cambro Manufacturing Company Inc. are the major companies operating in the global food service equipment market.  

Global IT Robotic Automation Market: Increased Efficiency and Cost Benefits Lead to Wide : TMR

According to a recent market research report published by Transparency Market Research, the global IT robotic automation market is expected to take a significant leap at a CAGR of 60.5% during the period between 2014 and 2020. The report, titled “IT Robotic Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, estimates the global IT robotic automation market to be worth US$4.98 billion by 2020. The overall market was valued at US$0.183 billion in 2013.

Browse the full IT Robotic Automation Market (RPA Tools and RPA Services) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/it-robotic-automation-market.html

Robotic automation refers to the implementation of a machine or a computer software that mimics human actions to complete rule-based tasks. In the IT industry, robotic automation is achieved through automation software. Processes such as request management, access management, monitoring, incident management, problem management, and availability management can be managed through robotic process automation. The report points out that robotic automation in the IT sector is acting as a strong alternative to offshore outsourcing. Cost benefits and increased efficiency offered by robotic automation over manual process outsourcing in the IT industry will augment the growth of the global IT robotic automation market. The ability of the robotic automation software to leverage other application software without integration has led to its increased adoption across finance and accounting sectors to reduce exenditure. This will propel the growth of the global IT robotic automation market.

However, the report states that the overall IT robotic automation market will be negatively affected by security concerns of the technology over increased access to an individual. Also, existing BPO contracts will restrict the usage of robotic automation software in the BPO segment. The market has a huge opportunity to grow with the implementation of robotic process automation in application and infrastructure management. On the basis of type, the report segments the global IT robotic automation market into tools and services. Tools have been further sub-segmented into process-based application tools and model-based application tools. The demand for process-based application tools is rising due to growing requirement for application management, infrastructure management, request management, access management, and others across the IT sector. Services have been sub-segmented into training and professional services.

The report studies the global IT robotic automation market across five key regional segments: Asia Pacific, Latin America, Middle East and Africa, Europe, and North America. In 2013, North America and Europe accounted for the largest share of the market. In North America, early adoption of technology, coupled with initiatives taken by robotic process automation tool providers to create awareness has aided the growth of the market. Europe has emerged as another key market for robotic automation. However, during the forecast horizon, Asia Pacific is expected to witness the highest growth in the market. 

MENA Agriculture Sector Continues to Show Heavy Demand from Drip Irrigation Systems Market

In 2013, the Middle East and Africa drip irrigation systems market was valued at US$98.27 mn. According to a research report released by Transparency Market Research, the market is growing at a CAGR of 18.30% from 2013 to 2020 and will be valued at US$317.42 mn by the end of 2020. The report, titled “Drip Irrigation Systems Market - Middle East and North Africa Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, provides key results for the MENA market through active analysis of historical statistics combined with current market trends.

Browse the full Drip Irrigation Systems Market (Components - Drippers, Tubing, Backflow Preventers, Valves, Filters, Pressure Regulators and Fittings) - Middle East and North Africa Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/drip-irrigation-systems-market.html

The report states that the Middle East will hold a greater share of the MENA drip irrigation systems market in comparison to North Africa, citing reasons of high market penetration in Iran, Israel, and Turkey. The Middle East region is growing at a CAGR of 18.30% from 2014 to 2020.On the other hand, North Africa is growing at a faster CAGR of 18.5% from 2014 to 2020. The report explains that this faster growth rate is owed to the booming growth of the agriculture industry in North Africa. Despite North Africa’s superior growth rate, the Middle East will continue to retain its dominant position during the report’s forecast period.

According to the report, the MENA drip irrigation systems market is segmented into the application sectors of agriculture, public and residential gardens, and others such as nurseries and greenhouses. Of these, the report states that agriculture has been the dominant segment in 2013. It is expected to continue its market dominance and be the leading revenue generator in the MENA drip irrigation systems market.

The report also states that 49.0% of the MENA drip irrigation systems market was held by the agricultural segment in 2013. The segment is expected to grow rapidly, at a CAGR of 18.90% from 2014 to 2020.The report’s segmentation of the MENA drip irrigation systems market in terms of components reveals the tubing segment to be the largest component segment. The tubing segment held 39.50% of the overall MENA drip irrigation systems market. The tubing segment is expected to keep expanding dynamically, with a CAGR of 19.90% expected within the report’s forecast period.

The key players in the MENA drip irrigation systems market, as described in the report, are Rain Bird Corporation, The Toro Company, Jain Irrigations Systems, and Netafilm Ltd. Most of the players in the MENA drip irrigation systems market have laid focus primarily on the expansion and consolidation of their businesses in order to maintain profit levels.

Key segments of the XYZ market

Drip Irrigation Systems Market, by Component Type

Drip Emitters

Round Drip Emitters

Pressure Compensating Drip Emitters

Non-pressure Compensating Drip Emitters

Flat Drip Emitters

Tubing

Round Tubing

Flat Tubing

Plain Tubing

Backflow Preventers

Valves

Filters

Pressure Regulators

Fittings

Drip Irrigation Systems Market, by Applications

Agriculture

Gardens (Public and Residential)

Others (Greenhouses and Nurseries)

Drip Irrigation Systems Market, by Region

Middle East

United Arab Emirates (UAE)

Saudi Arabia

Qatar

Kuwait

Israel

Turkey

Iran

Rest of the Middle East (RoME)

North Africa

Algeria

Egypt

Morocco

Sudan

Rest of North Africa (RoNA)

About Us:

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Mobile Marketing Initiatives and Growing Mobile Subscriber Base to Drive A2P SMS Market

A2PSMS is a short text/multimedia message that is sent from an application, especially a web application, to a mobile user. SMS is a unique and ubiquitous technique of staying connected with people using basic feature phones without any additional access to data services. Worldwide, mobile network operators are mainly focusing on application-to-person (A2P) SMS applications to increase their average revenue per user/subscriber (ARPU). SMS, being the most familiar form of mobile communication, attracts a high proportion of users to enjoy the benefits of this service.

SMS – A Reliable and Simplified Source for Operators and End Users

SMS is a fast and efficient tool for extending customer relationships. SMS sent from mobile subscribers to web applications is known as person-to-application (P2A) messaging. While the market for P2A SMS has declined due to the advent of various web messenger services such as WhatsApp, Blackberry messenger, and Snapchat, the dependency and use of A2P SMS application service has remained moderate across the globe.

With the help of A2P SMS application service, each communication can be a secure, private, and personal interaction. It doesn’t require new platforms or technologies and can be equally accessible on both smart and feature phones.

According to a leading market research company, the global A2P SMS market was valued at US$53.07 billion in 2013 and is expected to grow and reach US$70.32 billion by 2020. Growth in mobile marketing activities by marketers and application developers, increase in mobile banking, mobile payments, and mobile health services, and rise in the mobile subscriber base are the key drivers of the A2P SMS market. Owing to these factors, the overall market is expected to rise at a CAGR of 4.2% between 2014 and 2020.

Increase in Mobile Subscriber Base Fuels Global A2P SMS Market

The application-to-person (A2P) SMS market is poised for moderate yet steady growth in the next five years. This growth is mainly on account of an expansion in the mobile subscriber base across major regions such as North America, Asia Pacific, and Europe. It is also due to some of the main advantages of A2P messaging, such as helping organizations reach out and communicate directly with millions of mobile subscribers across the globe at cheaper costs.

Rise in the global mobile subscriber base and SMS traffic is benefiting a pool of stakeholders such as software developers, mobile content developers, aggregators, and premium messaging integrators across many regions in the world.

The market is also growing due to the widespread implementation of A2P SMS application services in marketing messages, notifications, alerts, and flight alerts.

A2P SMS services find application in various industrial areas such as entertainment, tourism, ecommerce, healthcare, and banking and financial services. These industries rely on A2P SMS in order to reach out to several customers for various reasons. The customer relationship management (CRM) service is the major segment contributing the highest share of revenue to the A2P SMS market. Today, most companies spread across sectors such as travel, e-commerce, BFSI, and retail use A2P SMS for CRM as an effective way to increase their average revenue per user/subscriber (ARPU).

Global Electric Motors Market Favored by Regulatory Scenario, Consumer Trends, and Positive Outlook of Manufacturing Sector

According to the research report published by Transparency Market Research, the global electric motors market is expected to achieve a CAGR of 6.3% for the period 2013-2019. The demand for energy-efficient motors is expected to value US$120.68 billion at the end of the forecast period. The report, titled ‘Electric Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019’, states that the increase in demand for energy-efficient appliances and energy conservation has led to an increase in demand from the global electric motors market. Countries all around the world are trying to save electricity by investing in electric motors. This report is prepared by TMR analysts to better understand the dynamics, current trends, and highlights of the electric motors market. To support the cause, many countries from across the globe are investing in electronic motors, AC motors, DC motors, and hermetic motors. Shift in trends along with investment of higher revenue in the electric motors market has motivated manufacturers and other market participants globally.

The use of electric motors is common in the production of heating and ventilating equipment, household appliances, and motor vehicles. Increasing disposable incomes and resultant elevation in the standard of living will push the global electric motors market. The report focuses on factors such as the drivers, opportunities, restraints, and area-wise segmentation of the electronic motors market. Countries from Asia Pacific, Europe, North America, and Rest of the World contribute the most towards the growth of the electronic motors market. The Asia Pacific region has become the biggest and rapidly growing regional market owing to rising purchasing power and improving economies of countries such as Indonesia, India, China, and Malaysia.

Johnson Electric Holdings Ltd, Siemens AG, Allied Motion Technologies Inc., Ametek Inc., Baldor Electric Company Inc., Danzher Motion LLC, and Brook Crompton UK Ltd. are some of the players leading in the global electric motors market. Hermetic motors, AC motors, and DC motors are some of the segments of the electric motors market. The AC motors segment led the electric motors market in 2012, accounting for 80% of the total market. Next in line was the hermetic electric motors segment, which developed at a fast rate over the historical study period. Increasing demand for HVAC equipment has led to the growth of this segment. However, the integral horsepower HIP segment has also seen rapid growth in the recent past.The report allows the readers to access critical information like market structure, factors limiting growth of the market, drivers of growth of the market, structure of the market, and future forecast for the period 2013 to 2019.