Global Mobile Payment Transaction Market Anticipated to Expand at a 39.2% CAGR through 2020; Future Market Insights

Future Market Insights (FMI), in its latest report titled, “Mobile Payment Transaction Market: Global Industry Analysis and Opportunity Assessment, 2014 - 2020”. FMI estimates that mobile payment transaction market was valued at US$ 392 Bn in 2014 and is estimated to reach US$ 2,849 Bn by 2020, exhibiting a CAGR of 39.2% during the forecast period.

Market Segments

The global mobile payment transaction market mainly covers application, technology, and regions. On the basis of technology, the global mobile payment transaction market is segmented as premium SMS based payments, Wireless Application Protocol (WAP), Near Field Communication (NFC), and unstructured supplementary service data (USSD). Among all the aforementioned technology segments, Wireless Application Protocol Technology segment is anticipated to witness 41% CAGR through 2020. However, NFC technology is expected to exhibit a fastest CAGR of 46% during the forecast period.

By application type, the global mobile payment transaction market is segmented as merchandise purchase, ticketing, money transfer, bill payment and others.

Region-wise, the global market mobile payments transaction market is segmented as Asia Pacific, North America, Latin America, Eastern Europe, Western Europe, Middle East, and Africa. In terms of the number of user, Eastern Europe is expected to display a growth rate of 29.1 % between 2014 and 2020, followed by Latin America. Furthermore, the Asia Pacific dominated the global mobile payment transaction market with 38% market share in 2014 and is expected to account for 37% share in terms of number of users by 2020.

Browse Full: "Mobile Payment Transaction Market: GlobalIndustry Analysis and Opportunity Assessment, 2014 - 2020" Report at http://www.futuremarketinsights.com/reports/details/global-mobile-payment-transaction-market

Market Drivers and Restraints

The global mobile payment transaction market is driven by factors such as subscriber saturation due to high rate for voice call, and declining revenue growth from traditional credit and loan system. Furthermore, user friendly feature application in smartphones and increased online shopping are other factors, driving the global mobile payment transaction market during the forecast period. However, lack of awareness about mobile payment systems and hesitation to switch from traditional payments to modern payment system will decelerate the growth of the global mobile payment transaction market between 2014 and 2020.

Competitive Landscape

Key participants are focusing on consumer adoption than solution development due to high competition. The recent shift towards consumer adoption from solution development by key players is expected to contribute to the growth of the global mobile payment transaction market over the forecast period. Key players in the global mobile payment transaction market are PayPal, Visa, MasterCard, World pay, Google Wallet and others.

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Valuation of ASEAN Automotive Aftermarket Expected to Reach US$ 37.7 Mn by 2025; Future Market Insights

Future Market Insights (FMI) announces release of its latest market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment 2015 - 2025”. According to this report, the ASEAN automotive aftermarket is anticipated to account for US$ 37.7 Bn by 2025, registering a compound annual growth rate (CAGR) of 7.8% throughout the forecast period. 

The report analyses and forecasts the ASEAN automotive aftermarket in terms of market value (US$ Bn) on the basis of segmentation. As per FMI, segments of the ASEAN automotive aftermarket include components, accessories and services.

Aftermarket automotive components are parts manufactured or remanufactured for installation in vehicles sold by original equipment manufacturers (OEMs), in case of damage or wear. Accessories include parts customised for convenience, safety, comfort and performance, and these are designed as add-ons to be installed after OEMs have assembled the automobiles. Services caters to needs such as choice of where consumers can have their vehicles serviced, maintained or customized.

Browse the full "Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment 2015 - 2025" market research report at http://www.futuremarketinsights.com/reports/details/asean-automotive-aftermarket

ASEAN automotive aftermarket is majorly driven by improving network of sales and repair service centres and demand for general automotive repairs. This includes repairs and services related to transmissions, starters & alternators, brakes, lubricants, tyres, filters and batteries among others. Some of the drivers identified in the market are increasing vehicle fleet on road, entry of global automakers in ASEAN region, substantial growth in per capita income in ASEAN countries and steady growth in automotive sales. Apart from this, stringent carbon emission norms and consistent GDP growth in developing economies are major growth drivers for the ASEAN automotive aftermarket. Some of the minor restraints identified in the market are rapid change in design of new vehicles which often lead to unavailability of spare parts in the market.

Increasing preferences for customized exterior and interior components and accessories for improving vehicle aesthetics is increasing the demand for accessories at considerable growth rate in ASEAN countries. Broadening service portfolio of repair service providers such as reminder services, pick and drop facility, free vehicle check-up schemes, discount offers and other promotional activities help in increasing awareness towards scheduled maintenance activities which in turn drives demand for aftermarket services.

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On an average, the components segment is expected to expand at a CAGR of 7.4%, accessories at 7.8% and services at 6.7% during the forecast period. Components segment is further sub-segmented into oils & lubricants, tyres, batteries, wear & tear parts, filters, collision body parts, starters & alternators, lighting components, exhaust components and spark plugs. Among these, exhaust components dominates other segments, registering a CAGR of 13.9%, followed by tires. Demand for interior accessories is expected to register a CAGR of 8.4% owing to increasing demand from automobile owners to enhance the functionality and appearance of their vehicles, and this trend is expected to further drive overall market growth in future.

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Global Thermal Insulation Material Market Anticipated to Expand at a 4.2% CAGR through 2020; Says Future Market Insights

Future Market Insights (FMI), in its latest report titled, “Thermal Insulation Material Market - Global Industry Assessment and Forecast; 2015 - 2020”, projected that the global thermal insulation material market will account for US$ 53,286.8 Mn in 2020, registering a CAGR of 4.2% between 2015 and 2020.

Thermal insulation materials are used to hamper the flow of heat energy from high temperature to low temperature. Thermal insulation material is used almost in every industry in order to decrease their energy consumption, utilized to maintain desired temperature in an area. Thermal insulation materials are primarily used in construction industry. Globally buildings account for one third of the total energy consumed, of which approximately 50% is utilized in heating and cooling of the building. Construction industry mainly uses thermal insulation material to maintain ambient temperature, i.e. 1⁰ C to 100⁰ C. 

The report analyses the global thermal insulation material market in terms of value (US$ Mn) by material type, region and temperature range and provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast. 

Browse Full: “Thermal Insulation Material Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020” Market Research Report at http://www.futuremarketinsights.com/reports/details/thermal-insulation-material-market

Construction sector output, manufacturing industry output, construction industry spending and urbanization trend are some of the macro-economic drivers of the market. Developed economies such as North America and Europe have formulated regulations concerning energy efficiency buildings: according to Concerted Action Energy Performance of Buildings (a joint initiative program of member states of European Union and European Commission) approximately all new buildings constructed in the member states by 2020 should comply with zero –energy standards. Even emerging countries government are actively promoting the use of thermal insulation material: in 2014, Andhra Pradesh (India), adopted Energy Conservation Building Code (ECBC) under which commercial and public buildings in the state are expected to cut costs and slash energy usage by 40%-60% through the use of green building materials. Such regulations and initiatives are identified as underlying driving factors of the market. However there are few challenges thermal insulation industry is facing: low awareness of thermal insulation material in emerging economies and high capital cost of thermal insulation in building.

From regional perspective, Asia Pacific thermal insulation material market is estimated to represent the highest growth globally in 2015. Middle East and Africa construction industry has represented substantial growth in past few years and likely to continue the trend during the forecasted period as well. New building codes implemented in MEA along with expected growing trend of construction industry is anticipated to generate demand for thermal insulation material in the region.

From materials type perspective, fibreglass is extensively used in manufacturing industry closely followed by plastic foam. Fibreglass segment is estimated to register an annual growth of 4.3% in 2015.  

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From temperature range perspective, thermal insulation material market segment use for temperature range 1⁰ C to 100⁰ C is estimated to register fastest growth during the forecasted period at CAGR of 4.6%.Thermal insulation material at temperature range −160⁰C to −50⁰ C is majorly used in petrochemical industry for storage of cryogenic gases. Increasing demand of LNG, cryogenic gas in emerging economies such as Asia – Pacific is expected to fuel the need of thermal insulation material in the industry.

Market participants covered in the report include Berkshire Hathway (Johns Manville), Rockwool International A/S, E. I. du Pont de Nemours and Company, Bayer AG, Owens Corning, BASF SE, Asahi Kasei Corporation, Dow Chemicals Company, Kingspan Group PLC and Saint Gobain S.A.

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Gamma Knife Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2025

Future Market Insights (FMI) announces the release of its latest report titled, “Gamma Knife Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. According to the report, the global gamma knife market was valued at US$ 156.8 Mn in 2014 and is anticipated to reach US$ 411.0 Mn by 2025, registering a compound annual growth rate of 9.0% over the forecast period.

Market Drivers and Restraints

Global Gamma Knife market growth is majorly driven by rising ageing population, increasing incidence of cancer and increasing prevalence of neurological disorders. By disease indication, brain metastasis cases undergoing Gamma Knife treatment accounts for highest market share as compared to other indications. Painless and non-invasive elective surgeries with high success rate have recently become the treatment of choice. Leading Gamma Knife manufacturers are entering into tie-ups with premium healthcare organisations in developed and emerging economies for setting up Gamma Knife surgery centres and Gamma Knife installations.

However, lack of awareness about Gamma Knife treatment, negative perceptions of the radioactive elements and lack of trained professionals to operate these systems are expected to hamper market growth during the forecast period.

Market Segments

The global Gamma Knife market is segmented on the basis of indication, anatomy or organs treated and geography.

By indication type, the global Gamma Knife market is segmented into brain metastasis, cancer arteriovenous malformation (AVM), trigeminal neuralgia and others. Among these segments, brain metastasis accounted for approximately 68.5% share of the global Gamma Knife market in 2014 and is expected to dominate the market over the forecast period, exhibiting a CAGR of 9.2% between 2015 and 2025.

Browse Full: "Gamma Knife Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" Market Research Report at http://www.futuremarketinsights.com/reports/details/gamma-knife-market

Cancer is the second-most prevalent indication, accounting for over 10.2% market share in 2014, and is expected to increase at a comparatively high CAGR of 10.3% during the forecast period.

Trigeminal neuralgia accounted for approximately 9.8% share of the global Gamma Knife market in 2014 and is expected to further gain share at a comparatively high CAGR of 7% during the forecast period. Arteriovenous malformation and others contribute around 11.3% of the global Gamma Knife market revenue.

On the bases of anatomy, the global Gamma Knife market is segmented into head, neck and other body parts.

Head segment accounted for approximately 88.1% global market share in 2014 and is expected to dominate the global Gamma Knife market throughout the forecast period, exhibiting a CAGR of 9.2% between 2015 and 2025.

Neck segment accounted for over 7.8% share of the global market in 2014, which is expected to increase at a CAGR of 7.7%, during the forecast period. However, scope for Gamma Knife treatment for other body parts is expected to expand in future due to market expansion and innovations in techniques.

On the basis of region, North America dominated the global Gamma Knife market at 29% in terms of revenue in 2014. However, Europe, Asia Pacific, Latin America and MEA are projected to witness relatively high CAGRs of 7.7%, 10.5%, 11.1% and 11.7%, respectively over the forecast period.

Competitive Landscape

Key players in the global Gamma Knife market include Elekta AB, Varian Medical Systems, Inc. and Huiheng Medical, Inc.

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Global High Content Screening (HCS) Market Projected to be Worth US$ 382.9 Mn by 2025; Future Market Insights

Future Market Insights (FMI), with sharp focus on emerging regions, delivers key insights on the global High Content Screening Market in its latest report titled, “High Content Screening (HCS) Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. According to the report, the global High Content Screening (HCS) market is projected to expand at a single-digit CAGR during the forecast period, accounting for US$ 382.9 Mn by 2025. The global cell analysis instrumentation market is expected to account for US$ 2,120.5 Mn by 2025, registering a CAGR of 6.1% during the forecast period, i.e. 2015-2025.

Demand for highly efficient screening systems, owing to increasing drug discovery initiatives among pharmaceuticals and biotechnology companies is anticipated to provide an impetus to the High Content Screening (HCS) market. Also, the number of installations for High Content Screening (HCS) instruments globally is expected to expand at a CAGR of 6.6%, accounting for 988 installations by 2025.

The global High Content Screening (HCS) market is segmented on the basis of product into cell imaging and analysis equipment, consumables, software, and services. The software segment is projected to account for around 11.2% share of the overall High Content Screening (HCS) market by 2025, owing to increased new product development by companies for this product. This segment is expected to register a CAGR of 6.6% during the forecast period. The cell imaging and analysis equipment segment on the other hand, is expected to account for largest market share of 38.4% by 2025.

Browse Full "High Content Screening (HCS) Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" Market Research Report at http://www.futuremarketinsights.com/reports/details/high-content-screening-market

FMI analyst sheds light on why High Content Screening (HCS) instruments are expected to revolutionise the drug discovery process in the near future. “Increasing focus of companies on penetrating untapped markets in countries in Asia Pacific and Latin America, where growth of the biotechnology and biopharmaceuticals industry in increasing, is expected to fuel demand for High Content Screening (HCS) instruments installation in the next five to six years or between 2018 and 2025,”

High Content Screening (HCS) instruments are extensively used across end-use industries such as pharmaceuticals and healthcare, biotechnology companies, educational institutions, government organisations, independent contract research organisations and others. Use of high content screening equipment enables companies to extract highly informative information, which also assists pharmaceuticals and biotechnological companies to perform cell analysis.

Apart from assisting in primary and secondary screening, high content screening finds applications in various fields such as toxicity studies, compound profiling, target identification and validation and others.Benefits of high content screening, resulting in improved toxicity study results, has led to increased adoption of this technology by pharmaceutical companies. This has enabled researchers to investigate live cells coupled with compounds, thus offering high-throughput screening output. Also, there has been an increase in development of automated systems to analyse cell separation and scalability. Demand for efficient purification protocols for therapeutic cells is expected to fuel demand for high-end screening system over the next five to six years.

For more insights on the High Content Screening Market, you can request a sample report with TOC at http://www.futuremarketinsights.com/reports/sample/rep-gb-426

Geographically, the report focusses on North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The High Content Screening (HCS) market in North America dominates in terms of revenue share contribution to the overall High Content Screening (HCS) market, followed by Western Europe and APEJ. North America is expected to register a CAGR of 6.0% during the forecast period. However, the market in APEJ is expected to register highest CAGR of 7.0% over the ten-year forecast period.

Key players in the High Content Screening (HCS)  market include Becton, Dickinson and Company (BD), Thermo Fisher Scientific Inc., GE Healthcare, Olympus Corporation, PerkinElmer Inc., Merck Millipore Corporation, Danaher Corporation (Molecular Devices), Yokogawa Electric Corporation, Sysmex Corporation and Thorlabs Inc.

Browse HealthCare, Pharmaceuticals and Medical devices Market Insights: http://www.futuremarketinsights.com/reports/category/healthcare-pharmaceuticals-medical-devices

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Christina Johnsan
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207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
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Middle East & Mediterranean Tahini Market Expected to Expand at 5.7% CAGR through 2020 Says Future Market Insights

Future Market Insights (FMI) delivers key insights on the tahini market in its recent report titled, “Tahini Market: Middle East & Mediterranean Industry Analysis and Opportunity Assessment, 2014 - 2020”. According to the report, the tahini market is anticipated to expand at a single-digit CAGR of 5.7% during the forecast period.

Assessing the various factors driving this market, FMI analyst Megha Dodke said, “High demand for tahini is due to its versatile nature as an ingredient in sweet/savoury spread/dip, halva and a major ingredient in Hummus. Technological advancement in tahini production and increasing demand through exports are the major underlying factors fuelling the growth of the Middle East & Mediterranean Tahini market between 2015 and 2020.” The trend is even more pronounced in the emerging markets of GCC and Mediterranean Europe (France, Spain, Italy and Greece), she added.

Region-wise, Middle East Excluding GCC (Turkey, Israel, and Lebanon) was the largest market with over 46% of market share in 2014. It is expected to exhibit the lowest CAGR through 2020, however the absolute dollar opportunity is highest in this market.

Europe is the second most lucrative region for tahini, and had a share of 25% in terms of revenue in 2014. Growing popularity of Middle Eastern and Greek cuisine, coupled with increasing demand of value added tahini products through gourmet shops are driving the demand for tahini in these regions.

Browse Full " Middle East and Mediterranean Tahini Market- Analysis, Competitive Analysis, Market Value, Company Profile, Industry Growth,  Segment Analysis, Trends, Geography, Size, Regional Outlook, CAGR, Opportunity, Share and Forecast 2015 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/tahini-market

On the basis of product type, the tahini market is segmented as paste & spreads, halva & other sweets, and sauces/dip. Paste & spreads commanded the largest market share of 52.6% in 2014 in terms of value. On the other hand, sauce & dips segment, which possess the lowest market share by product type, is expected to expand at a whooping CAGR of 11.5%. This is due to the novel food dressing sauces/dips manufactured by food processing industries in order to differentiate from others. Food processing companies are also trying newer spread varieties such as tahini with pomegranate and other tahini molasses.

In addition to the Tahini market size and forecast, an exclusive end-user analysis has been provided in the report on the basis of survey from tahini manufacturers, distributors and exporters. According to all the respondents consumption of tahini through sweet/savory spreads is highest as compared to sauces, dips & spreads, and bakery/confectionary. The market has also been accessed on the basis of distribution channels, namely modern retail, conventional retail, exports and HORECA. Exports is the most promising channel among all and HORECA is the second most attractive channel for bulk sale of Tahini.

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Key Middle East & Mediterranean players in Tahini market are El Rashidi El Mizan,Al-Wadi Al-Akhdar S.A.L, Halwani Bros. Co., Haitoglou Bros S.A. and Prince Tahina Ltd. Most of the major players are based in Middle East and they are adopting various go-to-market strategies to expand their market share in this growing Tahini market. Exhibiting their products on various international food expos, rolling out novel and attractive products for various demographics, customer-friendly packaging and upgrading their technologies for tahini production are the major strategies in this market to consolidate their position.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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Global Fatty Amines Market Anticipated to Expand at a 4.2% CAGR through 2020; Future Market Insights

 Future Market Insights (FMI) announces the release of its latest report titled, “Fatty Amines Market: Global Industry Analysis and Opportunity Assessment 2015-2020”. According to the report, the global fatty amines market was valued at US$ 1,721 Mn in 2014 and is anticipated to reach US$ 2,193 Mn by 2020, registering a compound annual growth rate (CAGR) of 4.2% through the forecast period.

Fatty Amines Market Driven by Booming Water Treatment Chemicals Industry & Demand for Agro-chemicals

Global fatty amines market is driven by growing water treatment chemicals industry and increasing demand for agro-chemicals and asphalt additives, mainly in the developing countries. Water treatment chemicals contribute the highest in terms of demand and share to the global fatty amines market, as compared to the other application segments. Increasing usage of fatty amines in various end-user applications coupled with market expansion and development of novel applications, such as detergents, mining, paints & coatings and fabric softener are further driving the fatty amines market growth. However, fluctuations in availability and volatile raw material prices pose a challenge for the global fatty amines market.

Market Segments

The global fatty amines market is segmented on the basis of product type, application and geography.

By product type, global fatty amines market is segmented into primary fatty amines, secondary fatty amines and tertiary fatty amines. Among these segments, tertiary fatty amines accounted for approximately 48.1% of global value market share in 2014. Furthermore, it is expected to dominate the global fatty amines market throughout the forecast period, exhibiting a CAGR of 3.6% between 2015 and 2020.

Browse Full: "Fatty Amines Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/fatty-amines-market

The primary fatty amines market accounted for over 25% of the market value share in 2014 and is expected to increase at a comparatively high CAGR of 4.9%, during the forecast period, owing to its increasing consumption in water treatment chemicals and paints & coatings industry as additives to protect the paints from getting tainted while in storage.

The secondary fatty amines segment accounted for approximately 23% of the global value market share in 2014, and is expected to gain its market share and account for 23.3% of the global fatty amines market by 2020.

On the bases of application, the global fatty amines market is segmented into water treatment chemicals, agro-chemicals, oilfield chemicals, asphalt additives, anti-caking and others (used in personal care, mining, fabric softener, paints & coatings). Among the aforementioned segments, water treatment chemicals is expected to dominate the global fatty amines market with over 29% market revenue share throughout the forecast period. Growing paints & coatings industry, coupled with increasing automobile production in China, Malaysia, Indonesia and Mexico is expected to further propel the demand for fatty amines in the asphalt additives application segment. The scope of applications for fatty amines in others segment is expected to expand in the future too, due to market expansion and innovation in techniques.

On the bases of region, Asia Pacific Excluding Japan (APEJ) dominated the global fatty amines market in 2014, in terms of revenue, accounting for more than 25% of the revenue share. However, North America and Eastern Europe are foreseen to witness relatively high CAGRs of 6.4% and 5.3%, respectively.

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Competitive Landscape

Key players considered in the global fatty amines market include Kao Corporation, Evonik Industries AG, AkzoNobel N.V., DuPont, Clariant AG, CECA Arkema Group, Sigma-Aldrich Corporation, Volant-Chem Group, Procter & Gamble Chemicals Company and Lonza

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