Wednesday, 30 November 2016

System Integration Market To Gain From Augmented Demand In Defense & Security Sectors Till 2020: Grand View Research, Inc.



The Global System Integration Market is expected to reach USD 393.10 billion by 2020, according to a new study by Grand View Research, Inc. Surge in system integration solutions’ spending by companies has enhanced the management of Information Technology (IT) infrastructure, data integrity, and has substantially eradicated redundancies. Need for eliminating multiplicity, heterogeneity, and varying distinctiveness of key applications and infrastructures is expected to drive the system integration market over the forecast period.
The advent of cloud computing coupled with advancements in virtual technologies is expected to encourage system integration solution adoption. Developments in technologies such as Building Energy Management Systems (BEMS), clinical integration, Cloud Service Brokerage (CSB), and Cyber Physical System (CPS) integration are expected to provide new avenues for market growth. The system integration market has high growth potential over the next six years owing to the perennial need for open and distributed architectures. High implementation cost may deter SMEs and start-ups from implementing system management solutions.


Further key findings from the study suggest:
  • Infrastructure integration accounted for over 35% of the overall market share in 2013, closely followed by consulting. Cloud system integration service is expected to gain prominence owing to several inherent characteristics such as variable cost, dynamic scaling, and utility price. In addition, it is a viable option for organizations to address the issues of volatile demand and low available capital, as several users can access a single hardware, thereby saving the cost incurred for deploying additional hardware. Business process integration is expected to be a key market in the consulting application sector due to its efficiency and automated governance.
  • Banking & finance contributed over 15% to the global market revenue in 2013. System integration enables smooth, quick and safe banking operations by building a responsive IT infrastructure that addresses critical requirements of the banking domain. Healthcare accounted for considerable market share in 2013.
  • North America emerged as a key regional market in 2013 as a result of significant investments made by governments in implementing system integration solutions across several departments. Asia Pacific has significant growth potential over the forecast period owing to growing market participants’ presence in Japan, China, and India.
  • Key players in the system integration market players have focused on lucrative sectors such as banking and hospitality in order to penetrate the market. For instance, Starwood Hotels & Resorts Worldwide, Inc. catered to the service of Oracle’s data integration solutions in order to improve their efficiency. Infosys offers integration solutions to the banking sector for enabling business transformation and implementation & training support.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

For the purpose of this study, Grand View Research has segmented the global system integration market on the basis of service, application and region:
System Integration Service Outlook (USD Billion, 2012 – 2020)
    • Infrastructure Integration
    • Application Integration
    • Consulting
System Integration Application Outlook (USD Billion, 2012 – 2020)
    • Banking & Finance
    • Defense & Security
    • Healthcare
    • Telecommunications & IT
    • Oil & Gas
    • Transportation
    • Retail
System Integration Regional Outlook (USD Billion, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW



Tuesday, 29 November 2016

Third Party Logistics Market To Witness Growth Owing To Gradually Reducing Labor And Transportation Costs Till 2020: Grand View Research, Inc.



The global Third Party Logistics Market is expected to reach USD 925.31 billion by 2020, according to a new study by Grand View Research, Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period.
Infeasibility in managing geographically dispersed supply chain operations as a result of increased globalization has led to several companies outsourcing their logistics function. Emerging trends such as Big Data and availability of industry-tailored 3PL services are expected to drive the market over the forecast period. Lack of internal control for addressing logistical challenges has led to increased outsourcing by wholesalers and retailers, thereby providing a fillip to the 3PL industry.


Further key findings from the study suggest:
  • DCC is expected to be a fast growing segment of the trucking and distribution industry, with several prominent retailers such as Wal-Mart, Target, and Kroger catering to the service in order to increase truck capacity and reduce costs. DTM, which involves value-added transportation management services and freight brokerage, is expected to grow consistently throughout the forecast period. Refrigerated grocery and pharmaceutical applications are expected to emerge as the major growth areas for value-added warehousing services.
  • Asia Pacific accounted for over 30% of the market share in 2013, which can be primarily attributed to a surge in warehousing and distribution facilities in China, India, Indonesia, Singapore, and Thailand. The North American 3PL market is expected to witness high growth throughout the forecast period owing to gradually reducing labor and transportation costs in the U.S. and Mexico coupled with technological advancements in logistics software in the U.S. The Eurozone crisis has considerably dampened Europe’s transportation and logistics industry which has a direct bearing on the regional 3PL industry. Automotive and life science industries are expected to lead the rejuvenation of the European 3PL market.
  • The 3PL market is moderately fragmented due to a blend of new entrants and established players. Due to several reasons ranging from overpriced companies & negative acquisition experiences to economic uncertainties & lack of attractive targets, the merger and acquisition (M&A) activity in the industry has considerably dampened. Continuous evolution and development of latest IT & automation systems for enhancing material tracking, value addition, flexibility, and security is expected to emerge as a key differentiating parameter of judgment while selecting a logistics partner.
  • Logistics providers have laid emphasis on deploying cloud-based solutions to harness real-time data accessibility for reducing their IT and overhead costs. Leading players such as FedEx and Kuehne + Nagel have continuously worked towards incorporation of new features in their transportation management systems to enhance their supply chain operations. Other prominent 3PL vendors include C.H. Robinson Worldwide, DHL, J.B. Hunt, and UPS Supply Chain Solutions.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/communication-services

For the purpose of this study, Grand View Research has segmented the global 3PL market on the basis of service and region:
3PL Service Outlook (Revenue, USD Billion, 2012 – 2020)
    • Dedicated Contract Carriage (DCC)
    • Domestic Transportation Management (DTM)
    • International Transportation Management (ITM)
    • Warehousing & Distribution
    • Logistics Software
3PL Regional Outlook (Revenue, USD Billion, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

For press release of this report - http://www.grandviewresearch.com/press-release/global-third-party-logistics-market

Monday, 28 November 2016

Vacuum Insulation Panel Market Demand Was 31.4 Million Square Meters In 2015 And Is Expected To Reach 45.7 Million Square Meters By 2024: Grand View Research, Inc.



The global Vacuum Insulation Panel Market is expected to reach USD 9.07 billion by 2024, according to a new report by Grand View Research, Inc. Growing construction spending is expected to assist the growth for vacuum insulation panel over the forecast period. These are preferred more, owing to their thermal resistance properties compared to conventional insulation materials.
Moreover, the International Energy Agency issued strict regulations to conserve energy which has further propelled the demand for such panels. These panels help in reducing greenhouse gas emissions such as carbon dioxide from the atmosphere, thus helping to prevent polluting the environment to a large extent. Such a trend is anticipated to benefit the overall market over the next eight years.
However, vacuum insulation panels exhibit a heavier weight than conventional insulation materials which is expected to remain a key challenge for market participants. Factors such as, durability, shape and fragility are also anticipated to determine the demand for vacuum insulation panels in future.
Several R&D initiatives are being taken to introduce automated panels, which shall result in cost reduction of vacuum insulation panels over the forecast period. Recently, EVAL EVOH resins are added to provide an outer lamination coating for vacuum insulation panels to increase their shelf life.


U.S. Vacuum Insulation Panel Market revenue by core material, 2014-2024, (USD Million)

 U.S. Vacuum Insulation Panel Market

Further key findings from the report suggest:

·         The global Vacuum Insulation Panel Market demand was 31.4 million square meters in 2015 and is expected to reach 45.7 million square meters by 2024, growing at a CAGR of 3.8% from 2016 to 2024
·         Silica-based panels dominated the global market in 2015 and are expected to grow at a CAGR of 4.2% over the next eight years. Silica-based panels are widely used in the construction industry due to its thermal resistant properties.
·         Flat glass emerged as the leading product segment and accounted for 55.4% of total market volume in 2015. Easy manufacturing method without any production hassles is an important factor that determines its growth over the forecast period.
·         Construction was the most dominant application with demand share exceeding 55% in 2015. The shift towards energy conservation coupled with increasing construction spending in Asia Pacific is expected to drive this segment.
·         Asia Pacific was the leading regional market and accounted for 42.6% of global demand in 2015. Growing urbanization coupled with increasing trend of infrastructural development due to rising population particularly in China and India is expected to steer the regional growth over the forecast period.
·         Major industry participants include Evonik Industries, Hausys Ltd, Panasonic Corporation, ThermoCor, OCI company Ltd. and Porextherm Dämmstoffe GmbH.

Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the global Vacuum Insulation Panel Market on the basis of core material, product, raw material, application, and region:
Global Vacuum Insulation Panels Core Material Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 - 2024)
·         Silica
·         Fiberglass
·         Others
Global Vacuum Insulation Panels Product Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 - 2024)
·         Flat
·         Special Shape
Global Vacuum Insulation Panels Application Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 - 2024)
·         Construction
·         Cooling & Freezing devices
·         Logistics
·         Others
Global Vacuum Insulation Panels Raw Material Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 - 2024)
·         Plastics
·         Metals
Global Vacuum Insulation Panels Regional Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 - 2024)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    UK
o    France
o    Russia
·         Asia Pacific
o    China
o    India
o    Japan
·         Central & South America
·         Middle East & Africa

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/press-release/global-vacuum-insulation-panel-market

System Integration Market Is Expected To Reach USD 393.10 Billion by 2020: Grand View Research, Inc.



The Global System Integration Market is expected to reach USD 393.10 billion by 2020, according to a new study by Grand View Research, Inc. Surge in system integration solutions’ spending by companies has enhanced the management of Information Technology (IT) infrastructure, data integrity, and has substantially eradicated redundancies. Need for eliminating multiplicity, heterogeneity, and varying distinctiveness of key applications and infrastructures is expected to drive the system integration market over the forecast period.
The advent of cloud computing coupled with advancements in virtual technologies is expected to encourage system integration solution adoption. Developments in technologies such as Building Energy Management Systems (BEMS), clinical integration, Cloud Service Brokerage (CSB), and Cyber Physical System (CPS) integration are expected to provide new avenues for market growth. The system integration market has high growth potential over the next six years owing to the perennial need for open and distributed architectures. High implementation cost may deter SMEs and start-ups from implementing system management solutions.


Further key findings from the study suggest:
  • Infrastructure integration accounted for over 35% of the overall market share in 2013, closely followed by consulting. Cloud system integration service is expected to gain prominence owing to several inherent characteristics such as variable cost, dynamic scaling, and utility price. In addition, it is a viable option for organizations to address the issues of volatile demand and low available capital, as several users can access a single hardware, thereby saving the cost incurred for deploying additional hardware. Business process integration is expected to be a key market in the consulting application sector due to its efficiency and automated governance.
  • Banking & finance contributed over 15% to the global market revenue in 2013. System integration enables smooth, quick and safe banking operations by building a responsive IT infrastructure that addresses critical requirements of the banking domain. Healthcare accounted for considerable market share in 2013.
  • North America emerged as a key regional market in 2013 as a result of significant investments made by governments in implementing system integration solutions across several departments. Asia Pacific has significant growth potential over the forecast period owing to growing market participants’ presence in Japan, China, and India.
  • Key players in the system integration market players have focused on lucrative sectors such as banking and hospitality in order to penetrate the market. For instance, Starwood Hotels & Resorts Worldwide, Inc. catered to the service of Oracle’s data integration solutions in order to improve their efficiency. Infosys offers integration solutions to the banking sector for enabling business transformation and implementation & training support.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

For the purpose of this study, Grand View Research has segmented the global system integration market on the basis of service, application and region:
System Integration Service Outlook (USD Billion, 2012 – 2020)
    • Infrastructure Integration
    • Application Integration
    • Consulting
System Integration Application Outlook (USD Billion, 2012 – 2020)
    • Banking & Finance
    • Defense & Security
    • Healthcare
    • Telecommunications & IT
    • Oil & Gas
    • Transportation
    • Retail
System Integration Regional Outlook (USD Billion, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW