7 Interesting Facts about India’s Smart Cities Mission

India’s Smart Cities Mission has reached its first milestone with the Ministry of Urban Development shortlisting 20 cities from a list of 97 contenders in the Smart City challenge. The list with topped by Bhubaneshwar (Odisha), followed by Pune (Maharashtra) and Jaipur (Rajasthan) in the second and third place, respectively. As is the case with most programs, the real challenge now lies in implementation.

Here are 7 things to know about India’s Smart Cities mission:

1. Transparent, Meritocratic Selection Approach: To participate in the Smart City challenge, states had to apply with the name(s) of the cities, following which there was a detailed questionnaire covering issues that the participants had to fill in.
2. The 20 Highest Scoring Cities Were Shortlisted for Round I: Based on the questionnaire filled, each city was given a score. The 20 highest scoring cities were selected for development in the first round of the Smart Cities Mission.
3. Critical Urban Issues will be Focus of Smart Cities: Better public transport, infrastructure, and tech-enabled services – all enabled with IT as the core infrastructure, will be the defining attributes of smart cities.
4. INR 50,802 crore will be Invested in the Selected Cities: While a substantial amount will be invested by the central government over the next five years, municipalities will also have to do some fund raising. This could prove to be a hurdle in the implementation of the program.
5. Resource Mobilization will Largely be Done via PPPs: According to reports, most of the cities shortlisted in the first round will be relying on public-private partnerships (PPP) to mobilize resources.
6. Real Estate Sector Could Receive Boost with Smart Cities Mission: Already, industry bodies such as CREDAI have lauded the smart cities mission as it is expected to bring some luster to an otherwise dull real estate scenario.
7. Cities that didn’t make it Can Now Enter a ‘Fast Track Competition’: States and Union Territories that didn’t make the shortlist can now re-work on their smart city proposal. The upgraded proposal needs to be submitted by April 15, 2016.

Although the Smart Cities project has taken off with much enthusiasm, maintaining this momentum will be pivotal to its success.

Global Industry Research on Smart Cities: http://www.transparencymarketresearch.com/smart-cities-market.html

Mexico Projected to be Fastest-growing Nutraceuticals Market in North America

Food fortified with additional nutrients has caught the fancy of consumers worldwide as they look for safer, more effective, and pocket-friendly ways to maintain their health. Thus multibillion-dollar market, created as a result of consumers taking their health and wellbeing more seriously, is expected to have a 7.30% CAGR between 2015 and 2021 to touch US$278.9 bn by the end of 2021.

Many consumers look at nutraceuticals as a substitute to OTC drugs and prescription drugs. Their easy availability on the market and attractive packaging solutions adopted by manufacturers have thus stirred a greater interest for nutraceuticals among consumers.

Here are a few highlights of the nutraceuticals market, as projected by Transparency Market Research: 
 

• Mexico is projected to become the fastest-growing market for nutraceuticals in North America. From the global standpoint, the market for nutraceuticals in North America is the largest in the world. North America has been the largest market for nutraceuticals for the last ten years, owing largely to an affluent consumer base and the presence of several nutraceutical manufacturers here. The scope for growth is higher in Mexico nutraceuticals market thanks to an increasingly affluent population base here.
• Japan, Australia, Brazil, and China are the other markets where investor sentiments in the nutraceutical market remain positive. Companies have identified these markets as lucrative and are launching new products at regular intervals here. The Asia Pacific nutraceuticals market follows closely behind North America, and is expected to show steady growth in the next few years.
• GCC nations will create remunerative opportunities for growth for nutraceutical manufacturers. This region is characterized by an affluent user base that’s also focusing on maintaining good health. The conditions for the growth of the nutraceuticals market in the Middle East and Africa region are thus favorable.

Overall, there has been an increased interest among consumers to maintain a proactive lifestyle and this is reflecting in the positive growth of the nutraceuticals market worldwide.

Global Industry Research Report on Nutraceuticals: http://www.transparencymarketresearch.com/global-nutraceuticals-product-market.html

Smart Grids could be a Better Option to Satisfy Growing Power Needs than Generating Large Amounts of Extra Power

The smart grid is, on paper, the perfect combination of energy distribution and energy measurement methods, which create a highly efficient energy supply chain. Two of the more important aspects of any smart grid involve the control of electricity generation and distribution and the conditioning of electronic power. To introduce a smart grid into the current state of affairs is not an easy task, as it involves modification and even complete changeovers of the current electrical grid at a fundamental level. That said, the benefits theoretically outweigh the efforts, causing many economies to consider a swift employment of the global smart grid market.

Smart Grids are Growing Faster and Faster

The global smart grid market is progressing at a CAGR of 18.20% between 2013 and 2019. This highly impressive growth rate will cause the market to rise to US$118.1 bn before the end of 2019. There are quite a few factors responsible for this high growth rate, most of which will continue to influence the growth rates and strategies employed by the key players in the global smart grid market. The key players are eMeter, Comverge, Landis+Gyr, Silver Spring Networks, Sensus, Itron, Schweitzer Engineering Lab Inc. (SEL), Siemens, GridPoint Inc., Aclara, Alstom, and Schneider Electric.

Modern Tech Makes the Smart Grid Market Tick

Coming in as easily the biggest reason why the global smart grid market is being considered as a feasible and approachable option for energy management is the recent advancements that have occurred in this field. Older tech is receiving consistent upgrades, while companies are being more open in adopting newer methods and tech. Research and development activities are also largely responsible for the implementation of new methods and electronics.

If we look at the global smart grid market from the perspective of the technology used, we will find that the market in 2012 was led by the segment of transmission upgrades, which are expected to remain the leader in the coming years as well. The second largest share in the global smart grid market went to advanced metering structure, while the next largest share was taken up by distribution automation technologies.

Even the geographical perspective sheds light on the rapid rate of growth that the global smart grid market is currently undergoing. More than 45% of the global smart grid market was taken up by the Asia Pacific region, which is currently in a massive phase of industrialization. With growing capabilities and increasing penetration of global players into this developing region, we can easily see the global smart grid market setting a firm ground here in the next decade.

Browse Industry Research Press Release: http://www.transparencymarketresearch.com/pressrelease/smart-grid-market.htm

Smart Grids Sought by Major Telecom Names

In a recent event, Vodafone successfully secured a £75 mn deal to introduce smart grids to Scotland. Vodafone will be helping Scottish Power keep a watch on their minor faults as well as direct investments while the smart grid is being implemented. The deal, spanning four years, will have the communications giant provide improvements to the fault identification and monitoring systems that Scottish Power possesses.

Global Testing and Analysis Services Market to Reach US$29.1 bn by 2023 owing to Growing Trend of Outsourcing

Testing and analysis services are an integral part of various industries as they have the potential to save money and time by performing important analysis throughout the product development cycle. Testing and analysis services help various industries improve customer satisfaction by delivering quality products. Over the past few years, there has been an increase in the number of testing laboratories. The primary objective of testing and analysis service companies is to make sure that all products reach their highest quality before entering the market. 

Browse Full Report: http://www.transparencymarketresearch.com/testing-analysis-services-market.html

New Food Testing Centers to Propel Global Testing and Analysis Services Market

With new testing and analysis centers being introduced by the leading players as well as new entrants, the global testing and analysis services market is predicted to expand at a rapid pace during the forecast period. Recently, Eurofins inaugurated its new food testing center to be a part of the Food Authenticity Network in the U.K. Eurofins Food Testing U.K. uses stable isotope techniques and DNA analysis to determine the geographical origin and authenticity of food and feed commodities including dairy products, meat, fruit, wine, honey, and vegetables. 

The Food Authenticity Network deals with food mislabeling and fraud and also gives easy access to users to professional laboratories that provide food testing and analysis services. Eurofins Food Testing U.K. recently joined Campden BRI, the Institute of Food Research, Fera Science, West Yorkshire Analytical Services, Leatherhead Food Research, LGC, and Premier Analytical Services under the proficiency tab of the U.K. Centers of Expertise in food authenticity testing. 

The increasing number of testing and analysis service centers across the globe is expected to contribute to the growth of the global testing and analysis services market in the next few years. The global testing and analysis services market was valued at US$17.9 bn in 2014 and is expected to reach US$29.1 bn by 2023, progressing at a 5.60% CAGR during the period between 2015 and 2023. 

North America to Register Maximum Demand for Testing and Analysis Services 

The global testing and analysis services market is segmented on the basis of sample type, analysis type, industry, and geography. Food and beverages, pharma and medical devices, minerals, chemicals, environment and agriculture, metal and alloys, and oil and gas are some of the industries where testing and analysis services are effectively used. In 2014, in terms of revenue, the food and beverage segment dominated the global testing and analysis services market.

Based on geography, the global testing and analysis services market is divided into North America, Latin America, Europe, Asia Pacific, the Middle East and Africa, and Rest of the World. In 2014, in terms of value, North America led the global testing and analysis services market, followed by Europe. Bureau Veritas, Intertek Group plc, Eurofins, TÜV Rheinland, Maxxam, TÜV SÜD, LECO Corporation, SGS S.A., ALS Global, Exova, Acuren, Koninklijke Philips N.V., and Applus are some of the leading companies in the global testing and analysis services market. The global testing and analysis services market is expected to be highly competitive in the years to come due to the introduction of new testing and analysis services by the new entrants. 

By analysis type, the global testing and analysis services market is classified into elemental, organic, isotopic, particle size, mineralogical, metallurgical, petroleum, biomedical, and others. In 2014, the elemental testing and analysis services segment dominated the global testing and analysis services market. Around 44% of SMEs/businesses outsource elemental testing and analysis services to analytical testing companies.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/testing-analysis-services-market.htm

Based on sample type, the global testing and analysis services market is classified into water, soil or sediment, clay mineral, metal alloy, biological sample, food, chemicals, corrosion, oil and gas, mineral, and service.

Government Efforts to Improve Healthcare Management Systems Drives Global Patient Registry Software Market

Efficiency is integral to effective healthcare. It is crucial to track the development of medical solutions offered to patients to understand the progress. In the vast and sprawling modern healthcare system, maintaining a record is not only important but also hugely challenging. Keeping in mind this tough challenge, several software companies such as Global Vision Technologies, Inc., Dacima Software Inc., Quintiles Inc., PatientCrossroads, and Evado eClinical Solutions are offering patient registry software solutions to examine the outcomes of various treatments and trials.

Browse Full Report: http://www.transparencymarketresearch.com/patient-registry-software-market.html

New Projects Lead the Way for Global Patient Registry Software Market

Recently, PatientCrossroads launched a registry, called NEXUS Narcolepsy Registry, for sharing information regarding narcolepsy and its treatment. The platform is also expected to spell out the impact of this rare neurological disorder on the patient’s life. The platform is a collaborative effort by narcolepsy researchers and medical and pharmaceutical industry players to keep an account of the huge number of people with narcolepsy in the coming years. Such registries are expected to help the company publish the findings at medical meetings, with an aim to stimulate new research towards treating the disease.

Growing Prevalence of Chronic Conditions Drives Global Patient Registry Software Market

In recent times, the need for such patient registries has been a grave one in the medical and healthcare industry. The exponential rise in the global population has led to the prevalence of chronic diseases such as cardiovascular diseases and diabetes. This exploding rate of diseases has given rise to the need for remote monitoring process, thereby creating a need for disease management systems. Furthermore, the growing awareness about chronic diseases and the rising demand for accurate and effective treatments have also given the global patient registry software market a great impetus. This market is also being propelled by the several initiatives taken by several governments for enhancing health management systems. The changing investment structure in the healthcare industry, need for disease management, and the arduous government efforts are all expected to help the global patient registry software market reach a value of more than US$2 bn by the end of 2023. This market is expected to register a CAGR of 10.30% from 2015 to 2023.

The types of software sold in the global patient registry software market are public domain registry software and commercial registry software. This software is used for diabetes registry, cancer registry, cardiovascular registry, rare disease/orphan disease registry, and other chronic disease registry. The solutions are mainly used by the commercial sector and the government. Geographically, the global patient registry software market is segmented into North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/patient-registry-software-market.htm

North America Emerges as Leader in Global Patient Registry Software Market

Currently, North America dominates the global patient registry software market due to the growing number of diabetics and patients with cardiovascular diseases. The market is also flourishing in this region due to the reduction in costs and the accelerating number of clinical trials. Pilot registry programs are also leading the way for this market in North America. In the coming years, simplified patient registry software solutions are expected to win over many hospitals, thus helping the market progress further.

Global IT-enabled Healthcare Market: Developing Economies Stealing the Spotlight

The IT-enabled healthcare segment of the overall healthcare industry is one of the most promising and rapidly expanding markets today. Research indicates that the IT-enabled healthcare market around the world will expand at an 11.80% CAGR from 2014 to 2020, rising from its valuation of US$96.8 bn in 2013 to US$210.3 bn by 2020. 

Even though developed regions such as North America and Europe – being the early adopters of eHealth solutions – currently dominate the global IT-enabled healthcare market, the focus is fast shifting to developing economies in Asia Pacific, Latin America, and the Middle East, despite the late penetration of IT-enabled healthcare. These regions offer immense growth opportunities and are projected to witness remarkable expansion over the next few years 

Browse Full Report: http://www.transparencymarketresearch.com/it-enabled-healthcare-market.html

Countries in Latin America Gaining Prominence 

The World Bank recently reported that universal healthcare in Latin America is on the rise, with countries such as Costa Rica, Colombia, Panama, Jamaica, Guatemala, Chile, Brazil, and Mexico witnessing a transformational growth in the healthcare sector. This boost indicates that Latin America has immense potential when it comes to IT-enabled healthcare. 

Earlier this month, International Living magazine listed Colombia, Panama, and Costa Rica among the top four countries with the best healthcare in the world. Factors such as high quality healthcare, affordable health coverage, state-of-the-art hospitals, presence of top-notch private healthcare providers, and growth of medical tourism drive the healthcare sector in this region, and these factors make Latin America an ideal destination for IT-enabled healthcare. 

With Promises Galore, India Attracts Several Market Players 

Like many other Asian countries, India too has been undergoing rapid technological changes in almost every industry and the healthcare sector is no exception. The IT-enabled healthcare market in India has been greatly impacted by the efforts of the government in the form of publishing of various e-health journals and formation of key organizations such as the Medical Informatics Society of India and the Telemedicine Society of India. IT-enabled healthcare is one of the successful ways by which India has been transforming its healthcare industry. One of the most prominent factors that works in the favor of the IT-enabled healthcare market in India is favorable patient demographics. In addition, the rising adoption of mHealth, electronic health records, web-based services, and telemedicine also presents a host of opportunities for players within the IT-enabled healthcare market. 

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/it-enabled-healthcare-industry-htm

Last month, the Central Government of India put into practice several IT-based healthcare initiatives. These include an IT-enabled tool to help tobacco users quit their addiction, an audio-based mobile service that delivers weekly voice messages on pre- and post-natal healthcare, a helpline for patients suffering from tuberculosis, an IT-enabled out-patient department registry block at the All India Institutes of Medical Sciences (AIIMS), and a mobile app to train accredited social health activists. 

Global Healthcare Contract Research Outsourcing Market to Exhibit 14.70% CAGR from 2012 to 2018

Contract research organizations are organizations that offer support to the biotechnology, pharmaceutical, and medical device industries. The support is provided in the form of research services that are outsourced on a contract basis. These organizations also provide several other services such as biologic assay development, clinical research, biopharmaceutical development, pharmacovigilance, commercialization, clinical trials management, and preclinical research.

According to a research study by Transparency Market Research, in 2011, the global market for healthcare contract research outsourcing was worth US$25.1 bn and is estimated to reach a value of US$65 bn by the end of 2018. Furthermore, this market is projected to exhibit a progressive 14.70% CAGR between 2012 and 2018.  

Browse Full Report: http://www.transparencymarketresearch.com/hcro-market.html

Rising Cost of Healthcare Research among Major Drivers of Healthcare CRO Market

The rising cost and dropping productivity of healthcare research is one of the major factors that are expected to boost the demand for contract research outsourcing in the global market. In addition, patent expirations are responsible for the travails of domestic healthcare research. The declining rate of research and development in the healthcare industry and new drug introduction and globalization of the drug discovery process are other factors propelling the global healthcare contract research outsourcing market. 

Drug research and development has become gradually inefficient to be run in-house, which results in the rising inclination towards delegation of the whole process. Developing economies, especially in the Asia Pacific region, are considered as model contenders to take up the responsibility of healthcare contract research. This can be attributed to the comparatively economical services and tremendously growing technological foundation for drug research and development available in APAC. Clinical data management, regulatory, and medical writing are some of the major aspects projected to lead healthcare contract research outsourcing.

Quality Concerns Regarding Outsourced Research Hampers Healthcare CRO Market

Quality concerns associated with the research carried out by CROs and fluctuating regulations and approval procedures for drug research and discovery in various regions are some of the major factors expected to hamper the growth of this market in the next few years. As drug research is carried out without any kind of on-site administration from the client enterprise, there are high chances of quality issues arising regarding equipment, methodology, or hygiene. In addition, changing regulatory outlines can lead to misperception on an international level, where research carried out in a region can be completely unusable in other parts of the world.

Some of the other major restraints on the healthcare contract research outsourcing market are data security concerns due to the lack of straight supervision over data research procedures, and genetic and disease profile differences.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/global-hcro-market.htm

The prominent players operating in the global healthcare contract research outsourcing market are Theorem Clinical Research, Medidata Solutions, PPD, CRL, InVentiv Health, Covance, Quintiles, Icon, Plc., and Parexel.

Pharmaceutical Companies’ Aim to Achieve Cost Efficiency and Better Quality Fuels Demand from Global Healthcare CMO Market

Several medical and pharmaceutical companies are gradually outsourcing their manufacturing operations to third-party contract manufacturers with an aim to achieve efficiency in quality, capacity, cost, and time to market. Outsourcing specific manufacturing activities to third-party service providers also helps these companies obtain expertise in certain business categories, which may not be not available in-house. Furthermore, cost benefits, increasing cost pressure, and inclination of leading pharmaceutical companies to focus on marketing and R&D have spurred the demand for outsourcing certain operations. Consequently, the enterprises can concentrate on its core competencies by minimizing the time dedicated to manufacturing operations. The global market for contract manufacturing, therefore, exhibits impressive potential and is bolstered by the rapid expansion of the medical device industry, increasing demand from emerging nations, and growing regulatory concerns. 

Browse Full Report: http://www.transparencymarketresearch.com/healthcare-cmo-market.html

A report published by Transparency Market Research pegs the overall value of the global market for healthcare contract manufacturing outsourcing, also referred to as CMO, at US$97.6 bn in 2012. Rising at a healthy 14.30% CAGR, the market is anticipated to reach US$246.5 bn by the end of 2019. 

North America Leads Global Healthcare CMO Market

Regionally, North America held the largest share in the global healthcare CMO market in 2012. However, between 2013 and 2019, Asia Pacific is likely to exhibit the highest CAGR of all regional segments – 17.80%. The CMO market in Asia Pacific is witnessing robust growth due to favorable government regulations, the increasing adoption of the latest technologies in the healthcare and medical device sectors, and improved intellectual property rights. Additionally, factors such low cost of labor and availability of skilled professionals at comparatively low price are also aiding the growth of the healthcare CMO market in Asia Pacific. Many enterprises also venture in the Asia Pacific market lured by the tax benefits offered in the emerging economies in the region.   

Medical Device Contract Manufacturing Sees Lucrative Growth Opportunities 

The global market for healthcare CMO provides services including pharmaceutical contract manufacturing and medical devices contract manufacturing. The pharmaceutical contract manufacturing segment further includes final dose formulations (FDF) manufacturing, active pharmaceutical ingredients (API) manufacturing, and packaging. Of these, the FDF manufacturing segment will exhibit robust growth in forthcoming years. 

The market for pharmaceutical ingredient manufacturing has lucrative opportunities in the looming patent expiry of blockbuster drugs, which has catapulted generic drug manufacturers to the forefront of the pharmaceutical industry. Demand for generic drugs is therefore poised to increase exponentially in the forthcoming years, leading to increasing R&D investment by life science companies. With growing adoption of novel technologies, the market for healthcare CMO will gain impetus in the near future. 

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/healthcare-cmo-market.htm

Likewise, the medical device contract manufacturing services segment includes final goods assembly, device manufacturing, and design outsourcing. Among the aforementioned healthcare CMO services, the segment of medical device contract manufacturing accounted for over 87.7% of the market in 2012 and is expected to grow at a rapid pace over the forthcoming years.

Low- and Mid-Income Countries Have Highest Number of Obese Children Aged Five or Less, says WHO Report

New numbers released by the World Health Organization indicate that the childhood obesity trend shows no signs of flagging. Surprisingly, obesity rates among children younger than five years are rising the fastest in developing countries, the agency said.

A report, published Monday by the WHO Commission on Ending Childhood Obesity (ECHO), said that, worldwide, no less than 41 million children aged five years and younger suffer from obesity. This marks 10 million more obese children in the world since 1990. Breaking the perception that obesity among children is most prevalent in developed, affluent countries, the report, surprisingly, states that the number of obese children in low- and mid-income countries is higher.

The report ascribes the breakneck speed of globalization and urbanization in developing economies as the factor fuelling obesity. Here are the highlights of report:
 

• While the number of overweight children under the age of five stood at 7.5 mn in 1990, it has more than doubled to touch 15.5 mn in 2014

• Nearly 50% of all obese and overweight children aged five years or less live in Asia, whereas 25% live in Africa

• In Africa, there were 5.4 mn overweight children in 1990 and the number had dramatically risen to 10.3 million by 2014

ECHO co-chair, Sania Nishtar, was quoted in an official statement as saying that obesity and overweight have health-related, physical, and psychological consequences on children. She said in the statement that, “obesity can impact on educational attainment too” and stressed on the undesirable economic impact that obesity will have in the coming years.

The WHO also said that the growing consumption of unhealthy food and beverages spurred by the aggressive marketing of these products was a key factor contributing to the increased number of obese and overweight children. The report recommends governments to promote a healthy school environment, regular physical activity, and healthy foods.

Need for Protection against Thermal Shocks and Abrasions in Various Applications to Increase Popularity of Concrete Floor Coatings

Floor coatings form an integral part of the construction industry and are utilized in a wide range of floor coating applications. Floor coatings, especially concrete floor coatings, are a very important part of buildings. The key purpose of such coatings is the protection of slabs from deterioration, shocks, and contamination. In addition, these coatings also provide benefits such as chemical resistance, aesthetics, better physical performance, skid-free surface, and easy maintenance.

TMR, a market intelligence company, discusses the three major types of concrete floor coatings along with highlighting their key qualities and uses within a number of application areas. The three major types of concrete floor coatings are epoxy-based concrete floor coatings, polyaspartics-based concrete floor coatings, and others including polyurethane, etc.
 

• Epoxy-Based Concrete Floor Coatings: Epoxy coatings are extremely durable in nature and can be utilized for a number of purposes ranging from durable paints to strong adhesives, and coatings for metals and floors. These coatings are the most popular type of concrete floor coatings and are made via a chemical reaction utilizing a polymer hardener and an epoxide resin. The reaction of these two chemicals may take up to a few hours and helps in turning the liquid epoxy coating into an extremely durable and strong solid. Epoxy coatings are used within composite materials such as fiberglass and carbon fiber, industrial manufacturing plants, and a number of automotive, electrical, and marine applications.  Epoxy coatings are easy to apply and can be applied quickly as well and are extensively used in applications such as marine and automotive, container and metal can coatings, flooring applications, etc.

• Polyaspartics-Based Concrete Floor Coatings: These types of coatings, as per their proponents, may be applied at a variety of temperatures and comprise UV and super stain resistance. They are able to easily bond to almost all concrete surfaces and are able to bridge in small cracks owing to their flexibility. These coatings are primarily used in garage floors, commercial floors, countertop sealers, dyed flooring, etc. The major use of these coatings is within exterior structures such as bridges, where they are used to prevent corrosion.  For example , at the San Mateo-Hayward Bridge, which is a 7-mile crossing of the bay of San Francisco, each of the concrete piles and beams have three-part coatings of a polyaspartic top, an epoxy sealant, and a polyuria primer in order to prevent the bridge from UV degradation and for preventing barnacle growth.

• Polyurethane: Polyurethane is a thermosetting polymer and a high-performance coating. These coatings have greater wear resistance as compared to epoxy-based concrete floor coatings. Polyurethane also has superior performance in terms of chemical and abrasion resistance. It is UV-stable and thus doesn’t turn yellow over time, unlike epoxy coatings.  Even though polyurethane isn’t as consistent as epoxy coatings, it has great scratch resistance and tolerance for high temperatures. Polyurethane is applied to enhance the lifespan and appearance of products. It is utilized within the construction industry within concrete supports and building floors, which are spray coated for making them durable and economical to maintain. Polyurethane is also utilized in the aerospace industry for protecting external aircraft parts against extreme temperatures.

Source: http://www.transparencymarketresearch.com/concrete-floor-coatings-market.html

Energy Sector Responsible for Over 70% of GHG Emissions in India, says Latest Report Submitted by Country to UN

The energy sector alone produces 71% of all greenhouse gas emissions recorded in India, a new report submitted by India to the United Nations states. In the Biennial Update Report, which India submitted to the United Nations’ Framework Convention on Climate Change, the country has detailed the progress it has recorded based on the promises it made during the 2009 Copenhagen climate summit.

Known for its unhealthily high pollution levels, even as its cities race toward urbanization, India has only recently started imposing stricter pollution-control guidelines. At the Copenhagen convention in 2009, India had promised, among other things, to cut back on its emissions intensity (calculated as emissions per unit of GDP) by at least 20% by GDP year 2020. As per the report, between 2005 and 2010, India had managed to reduce its emissions intensity by 12%.

Gases that were considered in order to calculate the emission intensity of GDP are: Nitrous oxide, carbon dioxide, hydro fluorocarbons (HFCs), sulfur hexafluoride, and Perfluorocarbons (PFCs). Prakash Javdekar, India’s environment, forest and climate change minister, said that India is on track to reducing its emissions intensity of GDP by 20% to 25% by 2020 – a voluntary target.

While the focus of the report lies on the years between 2005 and 2010, it also states that emissions in India rose from 1,301.2 mn tons in 2000 to 2,136 mn tons by 2010.

The concentration of carbon dioxide is seen to be the highest in emissions recorded from the country’s energy sector. Besides CO2, the other greenhouses gases that occur most prominently are: halogenated gases, methane, and nitrous oxide. The report notes that the maximum amount of GHGs in India comes from electricity production, transportation, manufacturing industries, and fugitive emissions.

India is among the top three GHG emitting countries in the world, a list topped by China. Having received much criticism for letting polluting industries enjoy a free rein, the Indian government is now taking steps to mitigate its GHG emissions. The country pledged to cut back its GHG emissions by 30% to 35% by 2030 at the Paris climate summit held in December 2015.

As Countries Make a Dash for Biomass Power Generation, Environmentalists Question its Sustainability

The increasing use of biomass as a fuel source is akin to going back to the basics. In ancient times, humans used materials such as grass and wood to obtain fuel but eventually moved to fossil-fuel based sources such as oil and natural gas. That circle is nearing completion again with fossil fuels now becoming sparse and extracting them becoming an expensive exercise. As a result, biomass, the organic matter that can be used to produce fuel, is again changing electricity generation dynamics worldwide.

The market for biomass power generation, meanwhile, is on an upward growth trajectory. According to Transparency Market Research, the global biomass power generation market is pegged to have a valuation of US$50.52 bn by 2022, at a compounded annual growth rate of 6.4% CAGR between 2014 and 2022. The installed capacity of biomass power generation plants worldwide is projected to rise to a whopping 122,331.6 MW by 2022, and the power generated by biomass plants worldwide is predicted to stand at 738,350.3 million KWh by 2022.

Biomass Makes the Cut as a Clean Energy Source, but Critics Warn of its Ill-effects

Considered a sustainable source of power generation by biofuel engineers, biomass also enjoys the attributes of being carbon-neutral, making it one of the most eco-friendly fuel sources available to man today. The plentiful supply of biomass has promoted its use – massive amounts of crop residues and unused wood remains from farming and human manufacturing activities.

Countries are now realizing the many benefits of biomass and putting it to good use. A case in point would be Brazil, a country that holds the reputation of being the world’s largest producer of sugarcane and eucalyptus pulp. The country is now channeling biomass left over from its industrial and agricultural processes into the biomass power plants. In other countries such as China, where rice is cultivated in abundance, rice husk is used extensively in biomass power generation.

Yet, there are a few concerns – many of them based on heavy research – that the use of biomass isn’t exactly as sustainable as it is made out to be. Here are the most important ones:

• Biomass is often termed as being carbon-neutral, a claim that has been contested by environmentalists. According to a representative of the East Coast Environmental Law Association, an advocacy group that endeavors to strengthen environmental laws in Canada, the cutting down of a forest actually creates a carbon debt, which can only be repaid after the replacement tree reaches a certain age. This process could take years.

• Burning wood pellets instead of coal at power plants is regarded as being more sustainable, but large power plants require a mammoth supply of wood pellets. In the United Kingdom, where power plants such as Drax at Yorkshire need an unending supply of wood pellets, imports of this commodity have risen sharply over the last few years. England alone reportedly imported 5 million tons of wood pellets in 2014. NGOs such as Biofuelwatch have said that the burning of wood pellets on a large scale is inefficient, as it raises the question about how much of it is actually waste wood.

Although biomass power generation has reduced dependence on coal, environmentalists seem to be unconvinced about whether it is curbing carbon emissions or encouraging deforestation.

Browse Research Report: http://www.transparencymarketresearch.com/biomass-power-generation-market.html

What Will Drive the Growth of the Building Applied Photovoltaics (BAPV) Market?

There are several cases that demonstrate the remunerative potential of photovoltaics. In Germany, for instance, the solar industry, which was initially given the status of a cottage industry, has grown magnificently to emerge as a multibillion-dollar business. Another parallel change that has been observed is that solar energy has found encouraging acceptance in the residential sector as well, leading to an appreciable increase in the demand for building applied solar photovoltaic (BAPV) systems. BAPVs are retrofitted on facades and rooftops, and capture the sun’s energy to convert it into electricity. Their attribute of generating energy at rates cheaper than fossil fuels has furthered the acceptance of BAPVs.

The market for building applied photovoltaics is thus poised to reach greater heights. Data published by business intelligence firm, Transparency Market Research, shows that the annual installation of BAPV hovered just above 313 MW as of 2013. By 2020, annual installation of BAPV are expected to rise to 716.7 MW by the end of 2020, translating to a CAGR of 12.6% from 2014 through 2020. Innovative products addressing the evolving needs in the building applied photovoltaics market are fuelling growth – a trend that will only move sharply upward in the next few years before it stabilizes.

Top 3 Factors Aiding Adoption of BAPV

The heightened interest in solar energy, among other renewable energy types, bodes well for the global building applied photovoltaics market. But there are several other elements at play that will do the same. Here are the three most high-impact factors driving the BAPV market:
 

• The greatest advantage, perhaps, that BAPV systems offer is a reduction in the dependence on fossil fuels. With solar energy prices dipping steadily, they are projected to reach on par with conventional energy sources that are primarily derived from fossil fuel. This cost benefit will lure more consumers into installing building applied photovoltaics, helping annual installations of BAPV exhibit a CAGR of 12.6% from 2014 through 2020. 

• Manufacturers are striving to produce highly efficient photovoltaic materials that do not compromise the aesthetic appeal of buildings, and in many cases, even add to it. Sleek-looking, weather-proof BAPV systems that can be fitted on both facades and roofs, combined with the promise of cost-savings on energy production, are a strong-enough factor for the growth of the BAPV market.

• Governments worldwide are in favor of encouraging building applied photovoltaics; many of them have drafted policies and introduced subsidies reflecting this positive regulatory sentiment around the solar energy sector. Energy-sufficiency is a topic that is widely discussed at national and international events, and the ability of solar energy to now seamlessly replace fossil-fuel-derived energy in a myriad of applications will aid the adoption of BAPV.

C-Si technology is expected to see bright days ahead as C-Si BAPV modules are lighter and less expensive than other available alternatives. The second-generation technologies, especially, will see greater demand in the coming years thanks to their improved efficiency and seamless integration with new building materials.

Source: http://www.transparencymarketresearch.com/building-applied-photovoltaics-market.html

3D Printing Market to Register 16.80% CAGR from 2013 to 2019

The global 3D printing market will expand at a whopping CAGR of 16.80% from 2013 to 2019, says a market study published by Transparency Market Research. Driven by its utilization across several application sectors such as automotive, consumer products and electronics, and medical, the development of 3D printing is on a consistent rise. With 3D printing becoming commonplace, this market will be progressive in the coming years. The availability of low-cost printers is increasingly becoming a reason for 3D printing to be used for personal needs moving beyond commercial applications.

   

3D printing enables objects to be tailored as per specific needs, which is one of the most distinguishing characteristics of 3D printing beneficial for the vendor as well the customer. For the users of this technology, the need to install expensive equipment, molding, and workforce is eliminated; for the customers, material wastage is considerably cut down with the additional benefit of creating highly efficient products.

The turnaround time of 3D printers is high, which is one of the major factors detrimental to the growth of this market. In particular, using 3D printing, the production of large objects is more time-consuming than traditional printing means, which is not economical for all printing needs. 3D printing is subject to intellectual property right infringement issues, which has necessitated additional laws and regulations to counter these violations. This is a significant restraint acting on the global 3D printing market.

How did 3D Printing Progress?

The first use of 3D printing dates back to 1976 and the invention of the inkjet printer. In 1984, with adaptations and advancements in inkjet printers, the technology was morphed to be utilized for printing with materials in place of printing with ink, which was used at the time of its inception. Since then, the technology has been advancing incessantly and has played a part in the creation of advanced healthcare devices, prosthetics, customization in manufacturing, etc.

3D printing technology is advancing speedily, which is supported by a recent development earmarked at the University of Bristol. Using this, the printing of composite materials has become a reality and is used for several high-performance products such as golf clubs, tennis rackets, and airplanes. With further development, the technology will be utilizable for 3D printing of a range of items to be used in a home environment, with their prices expected to drop considerably as well.

What is involved in 3D Printing?

3D printing can be explained as a type of additive manufacturing, wherein digital technology is used in the creation of three-dimensional solid objects. It is an additive printing process, wherein successive layers of material are laid down until the complete object is created.

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To begin with, a virtual design is made of the object intended to be fabricated. With the help of a computer-aided design software, either a totally new object is created virtually or a 3D scanner is used to make a copy of an existing object. 3D scanners utilize a host of technologies to generate a 3D model, such as volumetric scanning, time-of-flight and many more. The design is then transferred to a 3D printer, which manufactures the product accordingly.

Metal and Ceramic Injection Molding Market: Emergence of New Alternative Products to Retrain Market Growth

Metal and ceramic injection molding have emerged as the key technologies used to manufacture end-components such as medical equipment, automotive components, and electronic gadgets. These power injection molding techniques let metals including titanium alloys, soft magnetic alloys, stainless steel, and low-alloy steels as well as ceramic to be machined with high precision and accuracy to manufacture components for a number of industries. The global metal and ceramic injection molding market is estimated to be worth US$3.5 bn by 2020. The overall market stood at a valuation of US$1.6 bn in 2013 and is anticipated to expand robustly at a CAGR of 11.50% during the period between 2014 and 2020.

Growing Demand from Automotive Industry to Drive Global Metal and Ceramic Injection Molding Market

The key end-user industries in the global metal and ceramic injection molding market include industrial machinery, medical and healthcare, aerospace, automotives, industrial machinery, consumer products, and others including defence and electronics. Automotive sector has been the biggest end-user segment in the overall market. In 2013, the sector accounted for more than 20% in the global metal and ceramic injection molding market.

In the automotive industry, metal alloys are the most common materials used for gears owing to their high strength values and wear resistance properties. Metal alloys are heat-treated to gain the appropriate combination of toughness required for gears. Lately, ceramic and metal injected materials have become popular choices while choosing an alternative material for gears. Ceramic and metal injection pieces can be manufactured in large numbers and are easy to produce than steel alloys. Gears produced with the help of ceramic and metal injection molding offer higher durability. Metal alloys tend to break down during wear. Zirconia oxide, a common ceramic used for injection molding, is wear- and heat-resistant compared to alloy steels. This has led automotive manufacturers to prefer gears manufactured through ceramic injection molding technique.

Metal injection molding or MIM technology helps to create massive steel parts with complex features, without the need for secondary machining processes. The high surface quality parts manufactured through this technology requires little or no reworking.

Bulk Metallic Glass: The Future Replacement for Metal and Ceramic Injection Molding

However, both metal and ceramic injection molding technologies have their own drawbacks. Metal and ceramic injection molding suffer from low fracture toughness. The high melting point of ceramics leads to high cost of final shaping process. The size of ceramic parts also contributes to higher manufacturing cost. The cost of manufacturing parts through metal injection molding is also very high owing to multi-stepped process of the technology. 

Industry Research Press Release: http://www.transparencymarketresearch.com/pressrelease/global-metal-ceramic-injection-molding.htm

Considering the disadvantages of metal and ceramic injection molding technologies, research studies are being carried out for alternative material for gears. Bulk metallic glass or BMG is a designed compound possessing combined mechanical properties of crystalline metals and ceramics such as low melting temperature, high strength, and resistance to wear and tear. As a result, BMG is being seen as the future replacement for metal and ceramic injection molding.

Global Pharmaceutical Packaging Equipment Market Players Competing on Innovation

The global pharmaceutical packaging equipment market is projected to expand significantly and is expected to be worth US$8.1 bn by 2021, up considerably from its estimated worth of US$5.1 bn in 2014. The global pharmaceutical packaging equipment market is driven by several factors. The expanding pharmaceutical industry, the stringent government regulations and standards, and the rising demand for integrated packaging technologies are some of the market drivers.

Another key driver of the global pharmaceutical packaging equipment market is technological innovation. Players in the global pharmaceutical packaging equipment market are competing on the basis of innovation and developing advanced technologies that come with integrated features and the latest technology.

Top 3 Innovations in Global Pharmaceutical Packaging Equipment Market

Here are the top recent innovations witnessed in the global pharmaceutical packaging equipment market that will have a positive impact on the overall pharmaceutical industry:

• Color-changing Packaging: Color-changing indicators are now available on pharmaceutical products packaging. These are generally patches on the product that change color if they detect the presence of certain pathogens or if the product is adulterated. These responsive ink labels generally do not have a tracking function and are used with barcodes or with RFID labels. Besides the pharmaceutical packaging industry, the color-changing packaging technology is also used in the food industry to indicate to consumers the freshness of the product.

• Blister Packaging with Child Lock: Several firms in the global pharmaceutical packaging equipment market are providing child-resistant blister packaging. Amcor Flexibles has launched their Amcor Opening Feature allowing consumers to open blister-packaged contents with a push-through motion instead of the conventional peel and push methods. This packaging feature also helps reduce the packaging size by 40%. Another firm, Ecobliss, has launched the Locked4Kids packaging solution for the pharmaceuticals industry that works as an effective child-resistant solution. In this pharmaceutical packaging solution, hooks present in the pack are positioned diagonally and the tray is locked safely once it is pushed back in.

• Condition Monitoring RFID Tags: In the pharmaceutical supply chain, several products come with an RFID tag allowing to track the progress and monitor the condition of the product. For instance, small electronic boxes can help record the temperature of multipacks during transit and storage. RFID tags from the firm WhereNet, based in California, can locate crates and containers by scanning them from a range of hundreds of meters.

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Innovations in the global pharmaceutical packaging equipment market are primarily focused on ensuring safety. Another technology that is projected to drive the growth of the global pharmaceutical packaging equipment market in the foreseeable future is nanotechnology. In the pharmaceutical industry, nano-enabled packaging will focus on drug safety by monitoring microbial growth, improving tamper visibility, delaying oxidation, and enhancing convenience.

Charging EVs in 15 Minutes Could be Possible if New Technique finds Commercial Realization

Even as the automotive industry looks toward electric vehicles to save millions of tons of carbon emissions globally in the next few years, efficient charging of EVs has always remained somewhat of a gap. The lithium-ion batteries that EVs are fitted with can take up to eight hours to be fully charged – a factor that can prove inconvenient to users on the go.

A team of Swiss researchers, however, now claims that it is possible to fully charge EVs in a few minutes – 15 to be precise – by boosting the electrical charge released to the vehicle. The researchers have said in a paper published this week that a 4.5-MW EV charging station could power the average EV in just 15 minutes.

The team, from Lausanne-based Swiss Federal Institute of Technology, might have come up with a finding that will have people sit up and take note. But what’s important to consider is that 4.5MW is a massive amount of power – equal to the power required by 4,500 washing machines. If such an arrangement were to be tried out commercially, it would “bring the power grid down,” according to the researchers.

What’s assuring is that there is a way around this problem. To avoid extracting such a massive charge from the power grid all at once, the team of researchers created what they describe as a ‘buffer storage system’. This buffer disconnects from the grid before delivering the 4.5MW charge to an electric vehicle, thus temporarily becoming independent of the grid.

This “immediate storage system” can be used on both low and medium voltage grids. While the former is used to supply electricity to residential complexes the latter supplies power for regional needs. This solution can potentially reduce the risk posed to the grid. Using an intermediate storage battery, the researchers could provide about 20 to 30kWh power to charge a standard EV battery.

Companies are vying to bring the fastest EV charger on the market to keep pace with the rising sales of EVs and to lay concerns about EVs being inconvenient to charge to rest.

Chinese Researchers Develop Glass that Keeps Ultraviolet Radiation at Bay

From reportedly causing cancer to damaging sensitive electronics in mission critical applications, the detrimental effects of ultraviolet radiation are not unknown. While several studies have been undertaken to block out ultraviolet radiation, a recent breakthrough seems to hold immense potential. Researchers in China have reportedly developed a glass that can absorb ultraviolet radiation and thus protect living cells.

This breakthrough product could hold special significance to the aerospace industry, where satellites and spacecraft out in space are exposed to damagingly high levels of ultraviolet radiation. In the study published in the journal, Optical Material Express, researchers are quoted as saying that the glass can be “easily fabricated in bulk”.

How does the UV-absorbing glass work?

The glass effectively works by protecting living cells and organic dye from harmful UV radiation thanks to the innovative use of cerium (IV) oxide (CeO2). This material carries the ability to absorb UV photons. By using it to fabricate the composite glass-based UV-absorption material, the scientists behind this study intend to protect electronics in space, besides using it for other applications.

The new material has been developed by a team of researchers at the South China University of Technology, based in Guangzhou, China.

What are the key features of the UV-absorbing glass?

Despite its unique ability to keep UV radiation at bay, the glass features excellent optical transparency. Moreover, the material also exhibits the ability to keep the photo-generated electronics from separating from the holes. The team has worked to improve a process called self-limited nanocrystallization. The researchers hope that the functionalization of glass will help make spacecraft safer.

It now remains to be seen how and when the glass-based UV shield will be put to commercial use.

High-performance Ceramic Coatings Market Receives Boost from Automotive, Aerospace Industries

High-performance ceramic coatings (HPCC) are used to offer protection against corrosion, wear and tear, and temperature attenuations. These coatings can sustain temperature as high as 15000°C. Other than this, resistance against thermal shock and providing protection to vulnerable components are the other advantages of these coatings. Composed of oxides, nitrides, carbides, yittria, alumina, and zirconium, HPCCs that are essentially thin layered are one of the most crucial components of the advanced ceramics industry.
   
The utilization of HPCC is seen across several industry sectors such as aerospace, automotive, and semiconductor to name a few. Due to the high usability of these coatings for machinery components and semiconductor chips, the global market for high-performance ceramic coatings is poised for excellent growth prospects in the forthcoming years. The market, expanding at a CAGR of 7.0% from 2014 to 2020, will reach a valuation of US$9.07 bn by 2020 increasing from US$5.68 bn in 2013, says Transparency Market Research.

Wartime Needs brought in First Use of Ceramic Coatings

The utilization of ceramic coatings dates back to World War I. It is the Germans who are credited with the first utilization of ceramics in armor, wherein hard-faced enamel coatings were applied on tanks for protection against small arms and shell fragments. Later, the imminent shortage of a number of essential materials, such as nickel and chromium due to their increased utilization as alloy constituents and prohibitions in the normal importation of these ores led the National Bureau of Standards in the U.S. to undertake a program to alleviate this contingency. Ceramic-coated steel was the most suitable replacement for nickel-chromium alloys for high-temperature applications.

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To explain this, the exhaust manifolds of some automobile engines coated with conventional glossy porcelain enamel were tested for their current temperature handling limit, as well as the development of a newer ceramic coating suitable for high-temperature applications. The development work performed at the Bureau in 1942 laid down specifications of some of the properties that are vitally important for these coatings:

• These should bond well to the metal
• These coating need to be thin – reducing weight and minimizing the chances of chipping and cracking due to mishandling are the reasons for this
• These coating should not exhibit properties of ‘reboil’ – a phenomenon wherein gas bubbles are observed if porcelain-enameled steel or iron is reheated after the first use
• These should offer protection against oxidation to the metal if subject to high temperatures for prolonged periods
• These coating should exhibit high resistance to thermal shock and temperature gradients

Technological Potential Aids High-performance Ceramic Coatings Market

The progression of the global high-performance ceramic coatings market is attributed to several factors, the availability of several coating technologies being an integral reason. These coating technologies include: thermal spray coatings, chemical vapor deposition (CVD), physical vapor deposition (PVD), and sol-gel processing among others. Amongst these, the thermal spray technology dominated the global high-performance ceramic coatings market in 2013, followed by CVD with a share close to 16% in the global market. However, in the coming years, PVD technology will emerge as the dominant technology in the global high-performance ceramic coatings market.

Innovation in Materials to Define Future of Onshore Wind Energy Market

The latest breed of wind turbines is decidedly lighter, stronger, and more efficient than its predecessors. While wind energy in itself might be a lucrative investment area, innovative materials for wind turbine manufacturing are touted as being the next multibillion-dollar opportunity.

Fresh studies validate this trend. Transparency Market Research, for instance, said in a recent study that the global onshore wind energy market had a valuation of US$89.3 bn as of 2013 and, at a CAGR of 29.6% between 2014 and 2020, will stand at US$898.0 bn by 2020. Yes, these figures substantiate the opportunities that lie in the global onshore wind energy market. But they also indicate the massive need for innovation to drive costs down to improve profitability in the face of an uptick in demand for energy, especially from renewable sources.

With onshore wind farms not having to endure conditions as hostile as offshore wind powers, lighter wind turbines and auxiliary components can help expedite the journey toward enabling wind energy to occupy a larger share in the energy consumption pie.

If Wind is to Exceed Expectations as Energy Provider, Wind Turbines Need Innovative Materials

Longer blades are now being regarded as a definite means to improve the productivity of wind turbines by giving them the ability to produce more power. Next-generation wind turbines will all likely have blades measuring 100 meters or more in length. However, longer blades naturally translate into more mass, adding to the overall weight of the wind turbine. This, obviously is an undesirable arrangement as it causes gravity to have a greater impact on the movement of the blades, rather than aerodynamics playing its part to help harness energy from wind.

The only way to counter this change, say wind energy experts, is by bringing about improvements to the way blades are designed. Even as this change brews, durability continues to remain an area of concern because even the slightest repair and maintenance tasks for onshore wind turbines can run into hundreds, if not thousands of dollars.

Which Materials are Best for Lightweight Onshore Wind Turbines?

Innovation in materials is essential for better profitability because of the sheer volume of composites that the offshore and onshore wind energy industry uses. A study conducted by the University of Cambridge, for instance, found that the volume of composite materials used by wind turbine manufacturers is ten times higher than what the aerospace and car industries collectively use.

The materials science field seeing some exciting changes in the form of self-healing materials and 3D printed components is good news for the onshore wind energy market as well.

In recent years, fiber-reinforced composite materials have emerged as the most preferred materials for not just onshore, but also offshore wind turbines. Likewise, modern wind turbines could also see a spike in output with the deployment of self-healing polymers that can give the current generation of composites unprecedented strength and lightness. While carbon fiber holds immense potential, its costs have prohibited it from being perceived as a viable alternative. This presently makes glass fiber the preferred reinforcement material for onshore wind turbines.

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Research is being conducted on the efficacy of thermoplastics in wind turbine manufacturing. However, it will be at least a couple of years more before a steep change in materials usage can be reported from the onshore wind energy and wind turbine market.

Global Industrial and Commercial LED Lighting Market to Shine Bright Thanks to Growing Applications

Recent developments in LED (light-emitting diode) technology have allowed them to be used in several industrial and commercial applications, apart from being used in residential settings. LEDs offer several advantages over incandescent lights, including longer life, lower energy consumption, smaller size, improved physical robustness, and faster switching. Today, LED lighting finds application in numerous outdoor, industrial, architectural, and commercial applications and is used in hotels and restaurants, educational institutes, office buildings, retail shops, and warehouses and storage facilities.

In 2012, the value of the global industrial and commercial LED lighting market was pegged at US$12.9 bn by Transparency Market Research. This is projected to grow to US$86 bn by 2019, registering an impressive 30.80% CAGR from 2013 to 2019.

LED Penetration at Sports Venues

A recent article in Forbes magazine – focused on how LED technology has been making strides in the sports sphere – is an excellent example of LED penetration in industrial and commercial settings. The article talks about the gradual switch by facility operators in the US sports industry from old-fashioned metal halide lighting to state-of-the-art LED lighting. Today, several sports teams in the US are making the move to LED for a number of reasons such as energy cost savings, higher quality of lighting, and major business opportunities for lighting companies. Apart from the 50 college sports facilities in the US that have made the switch to LED, several major NFL venues have also added LED lighting systems at their stadiums.

Ephesus, a New York-based LED lighting company has estimated that sports facilities that have switched from metal halide lighting systems to LED have reported a whopping 75-85% savings in energy costs. Apart from energy savings, sports facility operators also benefit from the high quality of lighting offered by LED. On the field, LED lighting eliminates glare in the eyes of the players and gets rid of hot sports, dark spots, and shadows on the playing surface. For broadcasters, LED lights eliminate post-production color correcting since they provide almost perfect lighting.

Making a Statement with LED Lights
American artist Leo Villareal first created the Bay Bridge light display three years ago at the San Francisco Bay Bridge. The Bay Lights project went dark last March and is being reinstalled this month with US$4 mn and 25,000 LED lights strapped onto the bridge’s cables. This project will come to life on January 30, 2016, just in time for the 50th edition of the Super Bowl – the annual championship game of the NFL in US. 

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The initial project that lasted two years attracted an audience of nearly 50 million people and the new project will light up the Golden Gate Bridge or the Bay Bridge in San Francisco for possibly over a decade. The LED lights are known to withstand the harsh conditions of the bay, making them the ideal choice for Villareal’s display.

Global Oral Contraceptive Pills Market to Reach US$22.9 bn by 2023 owing to Rise in Unintended Pregnancies

Oral contraceptive pills are used for birth control and are also known as combined oral contraceptive pills or combined pills. Oral contraceptive pills are available on the market in five dosage options, the 21-day pack, the 24-day pack, the 28-day pack, the 91-day pack, and the four-phase regimen. In the 91-day pack segment, ‘Seasonable’ from Barr Laboratories and ‘Seasonique’ from Teva Pharmaceutical Industries are popularly used. ‘Natazia’ from Bayer AG leads the four-phase regimen whereas ‘Yaz’ and ‘Loestrin’ lead the 24-day pack segment. Some of the other leading companies in the global oral contraceptive pills market are Allergan, plc, Mankind Pharma Ltd., Merck & Co., Inc., Pfizer, Inc., and Piramal Enterprises Ltd. 

The global oral contraceptive pills market stood at US$13.1 bn in 2014 and is predicted to reach US$22.9 bn by 2023, progressing at a 6.60% CAGR for the period between 2015 and 2023. 

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New Oral Contraceptive Pills to Attract More Customers

Leading companies from across the world are concentrating on introducing new oral contraceptive pills to meet their growing demand. Lupin Ltd., a leading drug manufacturing company, in this financial year, has launched nine products in the United States and has received approvals for its 21 new products from the USFDA. Lupin Ltd. recently got USFDA approval for its new contraceptive pills in the U.S. Earlier this year, the company secured approvals from the U.S. Food and Drug Administration to sell its generic version of oral contraceptive pills in the U.S. market. Lupin Ltd. is expected to register appreciable sales in the entire American market, as there is only one other company selling the generic version of oral contraceptive pills. The approval from USFDA for the generic oral contraceptive pills is considered to be important for Lupin Ltd., as it is expected to help boost the company’s sales revenue.  

The company has reportedly launched 37 oral contraceptive pills in the American market to date. With many other leading companies introducing new oral contraceptive tablets, consumers will have more choice and the global oral contraceptive pills market is expected to become highly competitive in the years to come.

Monophasic Combination Pills to Register Maximum Demand

The global oral contraceptive pills market is segmented on the basis of type, geography, and category. Based on geography, the global oral contraceptive pills market is divided into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe. Favorable reimbursement policies in North America make it the leading regional segment in the global oral contraceptive market.  

By category, the global oral contraceptive pills market is classified into general oral contraceptive pills and branded oral contraceptive pills. The global oral contraceptive pills market is predicted to expand rapidly due to factors such as high incidence rate of unplanned pregnancies, increasing awareness programs by various NGOs and the governments of various countries regarding the use of contraceptive pills, and increasing maternal age.

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Progestin-only pills and combination pills are two of the types of oral contraceptive pills. Currently, the global oral contraceptive pills market is dominated by the monophasic combination pills sub-segment.