High-performance Ceramic Coatings Markets to 2023: Haydale Technologies Inc., Hayden Corp., Honeywell Aerospace, Kennametal Inc., Plasma Coatings Inc. and Praxair Surface Technologies Inc

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"Summary

Surface modification using ceramic coatings has achieved an important place in the industrial environment over the past several decades. High-performance ceramic coatings are a mature market but one in which new high-performance ceramic coating technologies, including both materials and processes, are continuously being developed. The availability of these new coating technologies is broadening the range of potential ceramic coating applications and substrate materials, including fiberreinforced polymeric (FRP) composite components, such as aircraft parts, rolls for the printing and textile industries, high-pressure hydraulic cylinders and camshafts. Meanwhile, the availability and
commercialization of new high-performance coatings technologies are changing the internal specification patterns of industries where they are already used, such as cutting tool inserts.

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The North American market for high-performance ceramic coatings was valued at REDACTED in 2017. This figure is expected to increase to REDACTED in 2018 and rise further to almost REDACTED in 2023, with a projected five-year compound annual growth rate (CAGR) of REDACTED.

Report Scope:

The report contains -
- An in-depth analysis of the technologies used for high-performance ceramic coatings.
- An overview of materials for high-performance ceramic coatings and their properties.
- New developments and recent patents in high-performance ceramic thermal spray, PVD, CVD and other coating techniques.
- Current and potential applications for high-performance ceramic coatings.
- Current and future market projections for ceramic coatings in all their major applications.
- Profiles of current industry players, including suppliers of equipment, consumables, coating service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.

Report Includes:

- 68 tables
- An overview of the global markets and technologies for high-performance ceramic coatings
- Analyses of global market trends, with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Coverage of new developments in high-performance ceramic thermal spray, PVD, CVD, and other coating techniques
- Evaluation of current and potential applications for high-performance ceramic coatings
- Comprehensive profiles of the major players of the market including Haydale Technologies Inc., Hayden Corp., Honeywell Aerospace, Kennametal Inc., Plasma Coatings Inc. and Praxair Surface Technologies Inc."

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"Report Scope:

The report contains -
- An in-depth analysis of the technologies used for high-performance ceramic coatings.
- An overview of materials for high-performance ceramic coatings and their properties.
- New developments and recent patents in high-performance ceramic thermal spray, PVD, CVD and other coating techniques.
- Current and potential applications for high-performance ceramic coatings.
- Current and future market projections for ceramic coatings in all their major applications.
- Profiles of current industry players, including suppliers of equipment, consumables, coating service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.

Report Includes:

- 68 tables
- An overview of the global markets and technologies for high-performance ceramic coatings
- Analyses of global market trends, with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Coverage of new developments in high-performance ceramic thermal spray, PVD, CVD, and other coating techniques
- Evaluation of current and potential applications for high-performance ceramic coatings
- Comprehensive profiles of the major players of the market including Haydale Technologies Inc., Hayden Corp., Honeywell Aerospace, Kennametal Inc., Plasma Coatings Inc. and Praxair Surface Technologies Inc."

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Pectin Market to 2016 - 2026: Cargill Incorporated, DuPont (Danisco), CP Kelco, Herbstreith & Fox, Yantai Andre Pectin Co., Ltd., Silvateam Food Ingredients, Naturex Group, CEAMSA

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In terms of volume, beverages segment is expected to increase 1.5X over the forecast period

In 2016, the beverages segment was estimated to be valued a little more than US$ 80 Mn, which is expected to increase at a CAGR of 4.8% over the forecast period to reach more than US$ 100 Mn by the end of 2021. The segment is expected to be valued a little over US$ 130 Mn by the end of 2026. The beverages segment is anticipated to record absolute $ opportunity of US$ 3.6 Mn in 2017 over 2016 and incremental $ opportunity of US$ 53.6 Mn between 2015 and 2026.

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Increasing health awareness among consumers likely to drive the demand for low-fat food and beverages

As a functional food ingredient, gum hydrocolloids such as pectin, xanthan gum, guar gum, gellan gum, gelatin, etc. are added to provide stability and increase the viscosity of edible and drinkable products. The adhesive properties of hydrocolloids enable food products to naturally congeal the constituent ingredients. Growing consumption of processed food products is also expected to fuel demand for gum hydrocolloids, which will simultaneously drive demand for pectin in the beverages segment of the global pectin market.

Increasing consumer inclination towards maintaining a healthy lifestyle has led to higher consumption of food and food ingredients with potential health benefits. Of late, consumers have become more conscious about their diet. For instance, a large number of the adult population across the globe is showing greater awareness of the quality, effectiveness and safety of sports drinks, low-fat food and beverages, functional food, and dietary supplements leading to increased consumption. This in turn is anticipated to boost overall growth of the beverages segment in the global pectin market to a certain extent over the forecast period. Food manufacturers are focussed on developing novel ingredients that have the capacity to reduce and control obesity, thus resulting in consumers making healthier choices with regard to food and beverages products without affecting flavour and taste, which is creating robust development in the beverages segment of the global pectin segment.

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Increasing demand for packaged and convenience food and beverages is driving the growth of the beverages segment in the global pectin market to a significant extent. Pectin is used as an ingredient in various processed and convenience beverage products such as non-alcoholic drinks and ready-to-drink products. Demand for such beverages is increasing owing to busy lifestyle and changing eating patterns among consumers in the global market. The impact of these factors is high currently and is expected to remain high for the next few years.

Beverages segment in the MEA pectin market is projected to witness robust growth during the forecast period

Expansion of the beverages industry in North America is expected to contribute significantly to the increasing demand for pectin in the North America pectin market. Being a stabiliser, pectin has found wide usage in enhancing the pulp stability in juice based drinks. The beverages segment is expected to account for a revenue share of more than 10% in 2026 in the North America pectin market, registering a CAGR of 3.9% during the forecast period. Pectin is a high-value functional ingredient used as a gelling agent and stabiliser in beverages. Demand for pectin by beverage manufacturers for the stabilisation of low-pH dairy drinks, fermented beverages, fruit juices etc. is expected to gain significant traction over the forecast period in the North America pectin market. The beverages segment in the APEJ pectin market was estimated to be valued at more than US$ 10 Mn by 2016 end and is expected to expand at a value CAGR of 5.3% over the forecast period.

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The MEA region has witnessed a strong transition from consumers switching towards healthier beverage options to support a healthy lifestyle. As a result, beverage manufacturers in the region are increasingly focussing on developing healthful drinks, while ensuring that all primary virtues of naturalness and hydration of beverages are maintained. This is anticipated to boost the demand for and consumption of pectin in the beverages industry in the MEA pectin market. The beverages segment in the MEA pectin market is anticipated to be valued at more than US$ 15 Mn by 2026 end, registering a CAGR of 6.5% in terms of value.

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Digital Mobile X-Ray Devices Market to 2016 - 2026: Electric Healthcare Limited, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V, Planmed OY, EOS Imaging

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The Mobile X-Ray product segment is the most attractive market segment, anticipated to showcase a healthy CAGR during the forecast period

Mobile X-Ray segment is the largest segment by product type in the global digital mobile X-Ray devices market, which is estimated to be valued at more than US$ 2,000 Mn in 2017, expanding at a CAGR of 7% over the forecast period. Mobile X-Ray segment is expected to create absolute $ opportunity of more than US$ 100 Mn in 2017 over 2016. The segments revenue in the global digital mobile X-Ray devices market is expected to grow 2.0x by 2026 end as compared to that in 2016. The Mobile X-Ray segment is projected to remain the most attractive in the global digital mobile X-Ray devices market with an attractiveness index of 1.8.

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Stringent regulations, costly clinical trials and inadequate imaging infrastructure in developing economies likely to hinder the growth of the Mobile X-Ray segment

The high cost associated with the clinical trial process has been preventing mobile X-Ray device manufacturers to reach the stage of development, which is necessary to attract major original equipment manufacturers. In the case of diagnostic imaging equipment, clinical trials ideally should be conducted one year prior to the product launch. However, due to the regulatory restrictions, it has become difficult for manufacturers to conduct early stage trials and establish partnerships with local players. For instance, GE Healthcare used to conduct many clinical trials in Canada and had to shut many of its local operations due to the stringent government regulations. Stringent regulatory and product approval policies are expected to hinder the development of the Mobile X-Ray segment.

Inadequate imaging infrastructure in developing and underdeveloped economies is likely to create obstacles in the growth of the Mobile X-Ray segment. Currently, many of the developing and underdeveloped nations lack adequate imaging infrastructure useful to conduct test and technology implementation compared to the U.S and other developed nations. Developed nations have seen greater investments in diagnostic imaging and increased use of more advanced imaging techniques. However, the scenario is the contrast in some of the developing and underdeveloped economies. These economies lack widespread access to diagnostic imaging. In addition, high costs involved in the initial setup and installation of advanced imaging equipment and broadband technology in remote locations is one of the factors that could hamper the growth of the Mobile X-Ray segment.

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The usage of medical imaging in the U.S. has increased dramatically over the last decade. Usage of diagnostic imaging devices has been the highest in the U.S. as compared to all OECD member nations. This has led to medical imaging emerging as the highest contributor to U.S. health care expenditure. As a result, certain reductions in Medicare payments have been observed in the last decade. Awareness of the superfluous usage of medical imaging has grown among physicians, and patients are increasingly becoming aware of the radiation hazards. Overall, the effect of these factors has been evident on the Mobile X-Ray device segment in the U.S. and thus, growth in the region has declined. Moreover, the U.S. is the trendsetter in major parts of the market, hence this effect could also trickle down to the other major markets.

The Mobile X-Ray segment is predicted to be the most attractive segment across the globe

In the MEA digital mobile X-Ray devices market, the Mobile X-Ray segment is forecast to be the most attractive segment by product type, recording an attractiveness index of 1.8 over the forecast period. In the Western Europe digital mobile X-Ray devices market, the Mobile X-Ray product type segment is expected to perform well during the period of assessment.

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Social Business Intelligence Market to 2016 - 2026: SAP SE, SAS Institute Inc., Logi Analytics, Inc., TIBCO Software, Inc., Alteryx Inc., MicroStrategy, Inc., Microsoft Corporation, Qlik Technologies

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Social business intelligence refers to the management technique that merges groups to share data effectively in order to improve overall efficiency of operational processes. It offers better opportunities to employees for recognising customer demand through open management of product and resources. Social business intelligence also aids in improving various aspects of analysis, social media and analytics.

Revenue generated from the deployment of social business intelligence solutions worldwide is estimated to be nearly US$ 17 Bn in 2017, and is projected to reach a market valuation of nearly US$ 29 Bn by 2026, reflecting a CAGR of 6% over the forecast period (2016-2026).

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Increasing adoption of cloud-based technologies and growing usage of social media are the major drivers boosting revenue growth of the global social business intelligence market

Growing usage of social media is driving the demand for big data globally

Presently, most of the private organisations are adopting big data solutions to capture and store large amounts of unstructured data. Big data supports in managing unstructured data fully or partially from enterprise IT systems, CRM conversations and social media. Big data offers hadoop solutions, which enable users to manage, store and analyse data across numerous resources efficiently. For instance, in September 2014, Oracle launched business intelligence cloud service which aids to improve speed and decision making across organisations by lowering barriers. Moreover, big data solutions also offer secure, comprehensive information access with simplicity and cost effectiveness.

Security vulnerabilities is a big challenge hampering revenue growth of the global social business intelligence market

In social business intelligence systems, one of the main challenges faced by organisations while adopting cloud services is data security. With an increase in the demand for cloud-based services, most of the organisations are shifting their workloads to the cloud from on-premise systems. Security breaches and privacy concerns pertaining to sensitive data are big challenges faced by vendors offering cloud-based solutions.

Positive outlook of BI towards Hadoop can be a good growth opportunity for players in the global social business intelligence market

Installation of new enterprise data operating systems over SQL servers would have a positive impact on the global social business intelligence market. Distributed analytic framework such as MapReduce will gradually turn Hadoop into a general-purpose data operating system. Hadoop offers adequate performance with optimal costs and also handles different kind of workloads such as steam processing and graph analytics. This, in turn, is likely to drive the demand for Hadoop implementation in social business intelligence and will boost the market in the long run.

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Global Social Business Intelligence Market Attractiveness, By Vertical, 20162026

In terms of value, BFSI segment is projected to be the most attractive segment in the global social business intelligence market during the forecast period. However, the travel and tourism segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, the travel and tourism segment is expected to register a CAGR of 7.5% during the forecast period. In 2017, the IT and telecommunication segment is estimated to be valued at nearly US$ 3 Bn and is expected to witness steady growth in terms of revenue throughout the forecast period.

Wearable devices gaining popularity in the North America social business intelligence market

The growth of the IoT is adding to the vast pool of data with everything from television, cars, smart watches and other devices producing data that may or may not hold valuable insights for the business. Providers of enterprise application software such as Qlik Technologies, along with established players such as Oracle Corporation, IBM Corporation and others are among the main beneficiaries. Health monitoring is gaining traction among the population in North America. Devices that can monitor various bodily data from heart health to sleep patterns and suggest lifestyle adjustments is gaining penetration among the population of North America. In October 2015 for instance, IBM Corporation redesigned its flagship BI solution with built-in accelerated modelling and reporting. Global BI solution vendors are investing in structured R&D initiatives to utilise wearable technology in business. The big game plan is to take big data to a whole new level.

--- Analyst, ICT Future Market Insights

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Yogurt Market to 2016 - 2026: General Mills, Inc., Chobani, LLC, Kraft Foods Group, Inc., and Canada’s Ultima Foods Inc

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The low fat and fat free yogurt segment is expected to expand at a significant CAGR over the forecast period

Low fat and fat free yogurt contains a low amount of fat as compared to traditional yogurt, which is manufactured from whole milk. The low fat and fat free and regular/plain yogurt segments are expected to witness similar Y-o-Y growth during the forecast period. However, the low fat and fat free yogurt segment is expected to witness significant growth post 2020 owing to rising health consciousness among consumers supporting its demand. The low fat and fat free yogurt segment is expected to gain more than 25 BPS between 2016 and 2026, due to rising awareness among people regarding the health benefits of low fat and fat free yogurt. The segment is expected to reach the highest CAGR of 10.2% during the projected period. In 2017, the low fat and fat free yogurt segment in the global yogurt market is expected to reach a market valuation in excess of US$ 14 Bn and is anticipated to be valued more than US$ 36 Bn by the end of 2026.

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Awareness of healthy lifestyle is likely to drive the growth of the low fat and fat free yogurt segment

Studies suggest that low fat and fat free yogurt boosts the immune system, improves metabolism, provides vital nutrients for the body such as protein, vitamin, calcium, etc., and helps in smooth functioning of the digestive system. Various research publications and strategically sponsored advertisements by prominent market players and institutions have immensely influenced the public to include low fat and fat free yogurt in their daily diet, which is driving the growth of the segment. People all over the world are becoming more heath conscious and choosing a healthy diet to maintain a healthy lifestyle. Low fat and fat free yogurt, being a source of nutrients required for maintaining good health and several other benefits associated with it, is becoming the preferred food of many, irrespective of age, gender and region. This particular factor is propelling the growth of the low fat and fat free yogurt segment.

Over the years, the consumption of yogurt has gone from strength to strength at different meal occasions from breakfast to lunch and supper to dinner, becoming the favourite among consumers of all age groups. The availability of yogurt in different product forms (low fat and fat free, plain, flavoured, with toppings, etc.) has helped the product to become a universal dairy product. As yogurt is easy to swallow, it is considered as a key protein source for young children and elderly persons. The emergence of low fat and fat free yogurt as a food product, consumption of which is not limited to particular meal time or consumers, is expected to drive its demand over the coming years. Low fat and fat free yogurt segment in the North America yogurt market is inclined towards high growth-low value during the forecast period

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The low fat and fat free yogurt segment in the North America yogurt market is projected to gain more than 120 BPS over the forecast period. The low fat and fat free segment is inclined towards high growth-low value and it is expected to follow the same trend over the forecast period. Easy availability of ingredients and innovation and new product development are the key factors driving the growth of the yogurt market in North America. In Western Europe, the low fat and fat free yogurt segment is currently inclined towards moderate growth-low value; however, it is expected to incline towards high growth-high value over the forecast period.

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Apple Accessories Market to 2016-2020: 3M, Bose Corporation, Western Digital Corporation (SanDisk), Logitech, Otter Products, LLC., Decoded, Adobe, Bang & Olufsen, Incase and ACCO

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Screen Guards to remain the most important product type segment for both iPhone and iPad

Modern day smartphones and tablet computers are largely touchscreen centric. The touchscreen is the most important component of these devices and is probably the most prone to damage as well. While manufacturers do tend to use some kind of toughened glass to prevent the screen from shattering, customers show a preference for additional protection as a kind of safety net. This has led to an increasing demand for screen guards to protect the screens of high-end devices like the iPhone and iPad. This factor is driving the increased adoption of screen guards in the global Apple accessories market. iPhone Screen Guards and iPad Screen Guards are anticipated to be the most lucrative segments of the global Apple accessories market.

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iPhone Screen Guard expected to be the largest segment by product type in the global Apple accessories market

The iPhone alone accounts for approximately 2/3rd of the revenue of Apple Inc. and the company has been referred to several times as the iPhone company. The iPhone is often the only pocket computer, camera, calculator, MP3 player, or GPS that people carry with them as it has effectively replaced all of these devices. The iPhone is both extremely expensive and quite fragile and this is quite a lethal combination as even a single drop could potentially shatter the delicate touchscreen. Many people have had the misfortune of either a shattered or cracked iPhone screen at least once in their lifetime. With all these factors in mind, it is not surprising that the iPhone Screen Guard is anticipated to hold the largest chunk of the Apple accessories market throughout the forecast period (2016-2020).

Decline in BPS, but still clinging to leadership position

In the year 2016, the iPhone Screen Guard product type segment accounted for nearly 19% of the entire Apple accessories market and this segment is predicted to stand at 18.5% by the end of the year 2020, registering a substantial BPS drop of nearly 30 points. However, the iPhone Screen Guard segment should still remain leader in the global Apple accessories market by product type, and it is likely to be closely followed by iPad Cases in the second position. The Y-o-Y growth rate of the iPhone Screen Guard segment is estimated to remain above 3% for the entire duration of the study and rise to nearly 5% by the year 2020.

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Absolute dollar opportunity, incremental dollar opportunity and CAGR point to a bright future

In the year 2015, the iPhone Screen Guard segment had a market value of above $1 Billion worldwide, rising to slightly more than $1.1 Billion in 2016. This reflects a Y-o-Y growth rate of 3.6%. By the year 2020, the iPhone Screen Guard segment is expected to be worth nearly $1.4 Billion, registering a CAGR of 4.4% during the forecast period. A predicted incremental dollar opportunity of a little more than $210 Million during the period 2016 2020 implies there is good opportunity for companies involved in the Apple accessories market to profit handsomely if they create a screen guard to protect this critical component of the iPhone.

Revenue growth of the iPad Screen Guard segment poised to be less prominent than the iPhone Screen Guard segment

The iPad Screen Guard segment accounted for just over $1 Billion in 2015 and it is likely to witness a Y-o-Y growth of 2.5%. At the end of the forecast period, the value of the iPad Screen Guard segment is anticipated to be close to $1.2 Billion, recording a CAGR of 2.4%. This represents an incremental dollar opportunity of more than $100 Million during the four year period; something that the key stakeholders operating in the global Apple accessories market need to watch closely.

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Rugged Thermal Cameras Market to 2017 - 2027: Leonardo SpA, SKF, Bosch Security Systems, Flir Systems, Inc., BAE Systems, L3 technologies Inc., Thermotecknix Systems Ltd., Axis Communication

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Surveillance and Security to be the biggest market driver throughout the forecast period

Un-cooled thermal cameras are primarily used in surveillance and security for securing larger compounds. Therefore, rugged thermal cameras are witnessing increased demands from nations such as the U.S, China and Russia i.e., countries having a large military industry complex, utilities, and infrastructure development. In the year 2016, the Surveillance & Security application segment recorded a revenue of slightly more than US$ 1.3 Bn. By the end of the year 2027, this segment is anticipated to reach a market valuation of more than US$ 3 Bn, representing a CAGR of 8.3% for the decadal study. An incremental dollar opportunity of almost US$ 1.8 Bn can be hoped to be achieved from the Surveillance & Security segment for the period between 2017 and 2027.

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Sharp rise in defence expenditure expected to benefit the Surveillance & Security segment

Global uncertainty and volatility on account of civil wars and territorial and ideological disputes are predicted to boost global defence spending on a massive scale. Countries in the Middle East and South China Sea region in particular should drive the demand for rugged thermal cameras as they would require these cameras for surveillance and security purposes. Eastern European nations have hiked their defence budget substantially and seven of the 10 countries with the highest defence budgets are either Asian or Eastern European. A few examples include Iraq, Lithuania, Philippines, Japan, Vietnam, China and India.

Asia Pacific to be the most important region in terms of revenue growth of the Surveillance & Security segment

Asian countries are recording sharp hikes in their defence spending, the global slowdown notwithstanding. This can largely be attributed to the unrest in the Middle East along with territorial disputes in the South China Sea region. In March 2017, China announced an increase of 7% in its defence budget, taking the figure to just over US$ 150 Bn. In the month before that, its neighbouring nation India also increased its defence budget by a substantial 5% to take its total to slightly under US$ 40 Bn. This has led to an inevitable domino effect where all the countries of the region feel compelled to respond and react. The countries will logically require rugged thermal cameras and the Surveillance & Security segment is predicted to be a major beneficiary of this.

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China and India to lead the way in the APEJ rugged thermal cameras market

In the year 2016, the China rugged thermal cameras market was valued at around US$ 350 Mn and this should increase to more than US$ 950 Mn by the year 2027 with a CAGR of 9.7% during this 10 year period. An incremental dollar opportunity of nearly US$ 580 Mn can be anticipated for the period 2017-2027. The India rugged thermal cameras market was worth roughly US$ 50 Mn in the year 2016 but is expected to show a rapid Y-o-Y growth of more than 9%. By the end of the forecast period, the India rugged thermal cameras market is predicted to be slightly more than US$ 140 Mn in value with a CAGR of 10.4% during the study period. An incremental dollar opportunity of approximately US$ 90 Mn is likely to be witnessed within the period from 2017 to 2027 in the India rugged thermal cameras market.

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