Market Analysis Insights

Things You Need To Know About Stand-up Paddleboard Market Today.

The global stand-up paddleboard market is expected to grow at a CAGR of 6.62% during the forecast period. Based on the product, the global stand-up paddleboard market has been segmented into inflatables and hard boards. As per the latest market research report published by Technavio, the stand-up paddleboard market size will grow by USD 111 million during 2019-2023. Get the free sample report below for the detailed information.

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Inflatable stand-up paddleboards cost considerably lower than their hardboard counterparts, which is one of the key factors driving the adoption across the world. They are especially becoming popular among first-time stand-up paddle boarding participants, beginners, stand-up paddleboard rental stores, and training schools. Other advantages of inflatable stand-up paddleboards include durability, portability, and ease of storage. High quality inflatable stand-up paddleboards are generally made using high-density drop stitch material with a double layer of PVC Tarpaulin to make them more durable.

The development of inflatable stand-up paddleboards have made stand-up paddleboard equipment more accessible to consumers and led to higher participation rates in recent years. For example, the UK and Germany are not popular destinations for water sports activities, but the advent of low-cost inflatable stand-up paddleboards has spurred the growth of the stand-up paddleboard industry in these countries. Hence, the inflatable stand-up paddleboard segment is expected to dominate in the global stand-up paddleboard market during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

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These Are The Top Trends Influencing The Growth of AI Market

Artificial intelligence (AI) is a convergence of hardware, software, and services to carry out computing-based reasoning and understanding like that of the human brain. AI hardware consists of servers, storages, and AI chipsets and AI software majorly include general-purpose cognitive and conversational AI software platforms. Also, AI services include cloud stimulation and installation solutions. As per the latest market research report published by Technavio, the global AI market size will grow by USD 75.54 billion during 2019–2023

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Artificial intelligence is expected to bring massive shifts in how people perceive and interact with technology. This has prompted companies to use AI technology for a wide variety of use cases. IBM offers multiple services under different categories.
IBM Watson offers different services for building and training AI models, data preparation, and analyzing the data. Google LLC’s cloud vision API can identify objects, logos, and landmarks within images, specific or explicit content, text within an image, can find similar images on the web, or detect faces and read expressions.
Microsoft launched Azure Internet of Things Edge Runtime in February 2019. This will allow developers to edit and customize applications at the edge. Hence, cloud-based AI services are much cheaper and viable option leading to an increasing adoption which is expected to be one of the key trends supporting the growth of artificial intelligence market at a CAGR of 33.41% during the forecast period.

The rise in cloud-based AI services will also contribute to the growth of the global AI market that will register a CAGR of over 33% during the forecast period. There is an increase in the demand for cloud-based Al products and services as the adoption of Al technologies in the on-premises data center is expensive. This is inducing major public cloud players to leverage their technical expertise to offer different cloud-based Al products and services. Al-powered applications are used in a wide variety of use cases including recommendation engines, pricing optimization, lead generation, chatbots, and supply chain optimization.

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Top Insights On Soft Drinks Market Trends You Should Know

The global soft drinks market is expected to grow at a CAGR of 5.70% during the forecast period. Based on the product, the global soft drinks market has been segmented into carbonated salt drinks, juices and juice concentrates, bottled water, RTD tea and coffee, and others. As per the latest market research report published by Technavio, the global soft drinks market is post an incremental growth of USD 316 billion during 2018-2023. Get the free sample report below for the detailed information.

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The sales of carbonated soft drinks are slowing down due to their decreasing popularity and increasing preference for alternatives like bottled water. Also, the growing perception that carbonated soft drinks have negative health impacts due to their high sugar and caffeine content will also affect sales during the forecast period. The volume sales of popular brands of carbonated beverages, such as Pepsi and Coca-Cola, decreased in 2017 as compared to 2016 and 2015.

Players have been working on mitigating the negative image of carbonated soft drinks by introducing products that do not have sugar and are low in calories, such as Diet Pepsi, Diet Coke, and other products. However, the demand for such products has also remained low due to the negative image of carbonated soft drinks. The demand for soft drinks is expected to further decline during the forecast period. However, despite the declining growth, the soft drinks segment holds a dominant share in the global soft drinks market. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

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HIV-AIDS Testing Market Industry – Research Insights

The growing access to fourth-generation testing products has been identified as one of the critical HIV-AIDS testing market trends. Healthcare providers and clinicians are increasingly adopting fourth-generation HIV tests for earlier identification and treatment of HIV. Fourth-generation HIV tests can detect both P24 antigen and HIV antibodies which allow healthcare service providers to detect the presence of HIV infection sooner with greater accuracy than conventional processes. Market vendors are also focusing on improving the specificity of fourth-generation HIV tests. The recommendation by national and international healthcare authorities, such as the US FDA, WHO, and the European Centre for Disease Prevention and Control (ECDC) will further boost the popularity of fourth-generation HIV testing products among healthcare service providers. This will have a positive influence on the growth of the HIV-AIDS testing market throughout the next five years.

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According to our HIV-AIDS testing market forecast report, the government support for HIV research and favorable recommendations on HIV testing will also be a significant factor driving market growth. Governments across the world are focusing on establishing efficient healthcare infrastructure for the timely detection and treatment of HIV infections which will allow them to minimize the spread of the disease. For instance, the US government provides federal funding in the form of direct grants, cooperative agreements, and contracts to support awareness, treatment, and prevention of HIV infection. The European Commission has also made significant investments in HIV research and the development of HIV viral load tests. Favorable recommendations by government authorities have boosted the adoption of routine HIV testing among adults, adolescents, and pregnant women. These factors are expected to fuel the adoption of HIV-AIDS testing products, driving the growth of the market at a CAGR of over 10% during the forecast period.

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Top Trends Your Competitors Know About The TNF Inhibitors Market Industry.

The global TNF inhibitors market is expected to grow at a CAGR of 9.58% during the forecast period. Major challenges in the global TNF inhibitors market include high cost of TNF inhibitors, preference for surgeries for RA, and patent expiration of blockbuster drugs. As per the latest market research report published by Technavio, the TNF inhibitors market size will grow by USD 25.74 billion during 2019-2023. Get the free sample report below for the detailed information.

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The global TNF inhibitors market faces a high threat from alternative treatment options such as surgeries. Due to the progressive nature of autoimmune diseases such as arthritis, the market has seen prosthetics as a highly effective treatment option in terms of partial or complete replacement of joints affected by the disease. The global TNF inhibitors market also witnessed the presence of other surgery options such as arthrodesis and synovectomy.

Despite the strong side effects associated with the surgeries, a good share of the patient population prefers surgeries over the treatment using therapeutics due to the curative nature of the surgeries. This preference for surgeries over therapeutics poses a high risk to the global TNF inhibitors market in terms of losing the patient base. However, despite the challenges, the global TNF inhibitors market is expected to grow in an accelerating momentum during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

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Here’s What Industry Insiders Say About Hydraulic Dosing Pump Market.

The global hydraulic dosing pump market is expected to grow at a CAGR of 4.25% during the forecast period. Based on end-user, the global hydraulic dosing pump market has been segmented into five industries which include chemical, oil and gas, water and wastewater, food and beverage, and others. As per the latest market research report published by Technavio, the global hydraulic dosing pump market size will grow by USD 168.97 million during 2019-2023. Get the free sample report below for the detailed information.

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The chemical industry is the largest consumer of hydraulic dosing pumps as it requires a controlled injection of additives, catalysts, and other chemical processes. EMEA and APAC are the most significant contributors to the chemical industry as countries such as China, France, the UK, Canada, and the Nordic countries have made substantial investments in the sector.

Furthermore, several regulatory agencies have imposed stringent environmental regulations such as the Pollution Prevention Act and Environment Protection Act to restrict the manufacturing facilities across the chemical and petrochemical industries from releasing untreated toxic waste as it is extremely harmful to the environment. Therefore, such regulations have prompted manufacturing facilities to upgrade their pipelines and other components to prevent leakage and improve their overall operational efficiency, which is expected to drive the growth of the segment in the global hydraulic dosing pump market during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

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The Hidden Agenda Of Infectious Disease Therapeutics Market.

The global infectious disease therapeutics market is expected to post a CAGR of over 4% during the period 2019-2023. A key factor driving the growth of the global infectious disease therapeutics market is the growing awareness of infectious diseases. Awareness campaigns for spotting the signs and symptoms of infectious diseases and methods of prevention play an important role in preventing the spread of such infections. For instance, Pfizer collaborated with the UAE government to increase the awareness of infectious diseases. Such initiatives to increase the awareness of infectious diseases will drive the market during the forecast period.

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In this report, Technavio highlights the development of novel drugs as one of the key emerging trends in the global infectious disease therapeutics market:

Global infectious disease therapeutics market: Development of novel drugs

Over the years, there has been an increase in the R&D of novel drugs for the treatment of infectious diseases. For instance, researchers at the Indian Institute of Science have discovered a new drug combination that promises better outcomes in treating tuberculosis. Another discovery by the researchers at the University of Otago, New Zealand included the discovery of novel properties of a new antituberculosis drug called bedaquiline. Therefore, the emergence of novel drugs will boost the growth of the global infectious disease therapeutics market.

“Apart from the growing awareness of infectious diseases, factors such as the increasing prevalence of infectious diseases, and the strong drug pipeline will positively impact the growth of the global infectious disease therapeutics market during the forecast period,” says a senior analyst at Technavio for research on pharmaceuticals, biotechnology & life sciences.

Global infectious disease therapeutics market: Segmentation analysis

This market research report segments the global infectious disease therapeutics market by type (antiviral, antibacterial, and antifungal) and geographical regions (APAC, EMEA, and the Americas).

The Americas region led the market in 2018 with a market share of over 48%, followed by EMEA and APAC respectively. The Americas will see an increase in its market share and continue to dominate the market during the forecast period.

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Emotion Recognition in Automotive Sector to Boost Emotion Analytics Market

The need for enhanced customer management across industries is driving the demand for emotion analytics. Through emotion analytics, brands can connect to customers on a personal and emotional level. Moreover, using emotion analytics enables businesses and brands to analyze any disconnect or disruption between the expected and the real experience of customers. Emotion analytics enables companies to know more about customers opinions on a particular brand and improve their strategies. Therefore, the increasing demand for emotion analytics among businesses and brands will drive the global emotion analytics market during the forecast period.

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As per Technavio, the increasing use of emotion recognition in the automotive sector, will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Emotion Analytics Market: Increasing use of emotion recognition in the automotive sector
Emotion recognition is witnessing huge investments from the automotive sector as car manufacturers and OEMs in the automotive industry are increasingly focusing on analyzing the emotions of car drivers to enhance car safety. Such emotion analytics features will be in-built in high-end cars in the near future. Furthermore, emotion analytics is expected to be helpful in building a personalized in-cab experience, which would enhance consumer loyalty to a particular brand. Additionally, the ability to accurately detect emotions is being viewed as a significant enhancement toward the implementation of precise human-machine software and hardware interfaces in vehicles. These features have the potential to enhance the driving experience in cars and public transportation. Therefore, the increasing use of emotion recognition and analysis in the automotive sector will be a key trend during the forecast period.

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Where Will Be Friction Modifiers Market In The Next Five Years ?

The increasing consumption of motor oil is one of the major trends being witnessed in the global friction modifiers market 2019–2023. Countries such as China is one of the largest automobile producers in the world. In terms of infrastructure and production, the country is expected to expand heavily during the forecast period. Other countries in APAC, such as India and Japan are expanding in terms of automobile manufacturing. In the US and Europe, the light vehicles market is witnessing expansion. An increase in automobile manufacturing has a direct impact on the consumption of motor oil. Friction modifiers are primarily used in motor oils as it extends. As per the latest market research report published by Technavio, the global friction modifiers market size will grow by USD 180.8 million during 2019–2023. Get the free sample report below for the detailed information.

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Global friction modifiers industry overview

The growing automotive industry in APAC is driving the global friction modifiers market. The region is witnessing the rise of the automotive industry due to several factors such as rapid industrialization, increase in disposable income, and improved standard of living. With the increase in the number of automobiles, there is also the need to achieve fuel efficiency which is resulting in the high demand for friction modifiers. Friction modifiers reduce friction and slippage and thus improve fuel economy and efficiency. This will encourages end-users to adopt and invest in the market, thus leading to market growth.

The increasing consumption of motor oil is a key trend that will positively impact the global friction modifiers market. Friction modifiers are primarily used in motor oils to extend the life span of automobile engines. Thus, the growth of the automotive industry in APAC has led to an increase in the consumption of motor oil which will drive the friction modifiers market at a CAGR of close to 4% during the forecast period.

Demand for new lubricants with improved fuel economy

The demand for new lubricants with improved fuel economy is increasing due to technological advances. In machinery, lubricants help in reducing the amount of friction between two surfaces. When the base oil in the oil or grease does not have enough lubricity, friction modifiers are added to perform the function efficiently.

The lifespan of automobiles increased from eight years in 1995 to approximately twelve years in 2018 due to superior engine performance. Engine performance depends on the type of the lubricant used, its viscosity, and its ability to reduce friction and wear in machine components. The function of friction modifiers depends on the application in which they are used.

Top Secrets You Will Never Know About Xerostomia Therapeutics Market.

The growing focus on biologics is one of the major trends being witnessed in the global xerostomia therapeutics market 2019-2023. Biologics are pharmaceutical drug products that are manufactured from various biological sources. They are different from chemically manufactured pharmaceuticals. Biologics include vaccines, blood, blood components, monoclonal antibodies, allergenics, somatic cells, gene therapies, tissues, recombinant therapeutic proteins, and living cells used in cell therapy. As per the latest market research report published by Technavio, the Get the free sample report below for the detailed information.

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Global xerostomia therapeutics market: Increasing awareness of xerostomia

Xerostomia can be a symptom of various medical conditions or a side effect of radiation therapy to the head and neck areas. Hence, patients also need to be aware and proactive while speaking to their doctors about the signs and symptoms of xerostomia. Quick diagnosis of xerostomia is crucial due to the risk factors and symptoms of the condition. Additionally, the early detection of the condition can aid in treating xerostomia more effectively. Therefore, various government and non-government organizations are creating awareness about xerostomia with the aim of preventing delays in the diagnosis and overcoming the lack of awareness of treatment. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

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