Need for high-level security in the government sector is driving the touchless sensing equipment market

The global touchless sensing equipment market is anticipated to grow at a CAGR of 32.2% over 2012 to 2016. The growing need for high-level security in the government sector is set to drive the global touchless sensing equipment market. Although the market has witnessed rapid technological advancement of late, yet the fact that touchless sensing equipment is not 100% accurate could pose a challenge to its future growth.

A major trend in the global touchless sensing equipment market involves rapid technological advancements. The continuous technological advancements and modernization across the globe have increased the adoption of touchless sensing equipment in various sectors. Such advancements also enable touchless sensing equipment vendors to deliver high-quality products to their customers. The rate of change and technological advancements in the global touchless sensing equipment market is very high that has, in turn, led to increased accuracy of such equipment.

One of the drivers of growth for the global touchless sensing equipment market comprises the increased need for high-level security in the government sector. Government departments such as intelligence, defense, finance and military are the major adopters and users of touchless facial recognition technology. In recent years, the government sector has been the major revenue contributor to the market.

Further, one of the major challenges in this market centers on the fact that touchless sensing equipment is not 100 percent accurate. This is one of the major challenges for vendors of such equipment since it has reduced their adoption across customer segments.

For further insights, Global Touchless Sensing Equipment Market

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Stringent regulatory requirements pose challenges to global vitamin D testing market growth

The global vitamin D testing market is expected to grow at a CAGR of 32.36% over 2013 to 2018. One of the key factors contributing to the market’s growth is the increase in aging and chronically ill patient populations worldwide. The global vitamin D testing market has also witnessed an increase in product approvals.

The global vitamin D testing market is experiencing a significant increase in product approvals for leading vendors. For instance, Qualigen Inc. received the FDA approval for FastPack Vitamin D Immunoassay for use on its proprietary FastPack System for the rapid determination of vitamin D status and Gold Standard Diagnostics Corp. obtained the FDA clearance for its 25-OH Vitamin D Total ELISA test in July 2013. Moreover, DiaSorin received the FDA clearance for its newly developed LIAISON 25 OH Vitamin D TOTAL assay in February 2012. These product approvals are expected to have a positive impact on the growth of the market.

A major driver influencing the growth of the global vitamin D testing market is the increase in the aging and chronically ill populations worldwide. The majority of the global population is prone to several diseases as a result of changes in their lifestyles and food habits. This increases the demand for various diagnostic procedures, including vitamin D testing. Presently, vitamin D deficiency is associated with several diseases such as cancer, diabetes, heart attack and depression. That apart, one of the other major challenges involves the stringent regulatory approval process for vitamin D testing devices that leads to delayed approval of such devices.

For further insights, Global Vitamin D Testing Market

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Global Research Reports on Touchless Sensing Equipment Market

Global Touchless Sensing Equipment market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Touchless Sensing Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.







Find more at : Global Touchless Sensing Equipment market

Global Research Reports on Vitamin D Testing Market

Global Vitamin D Testing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA and APAC regions; it also covers the Global Vitamin D Testing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.




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Market trends and research reports on Russian IT industy

This report, the IT Market in Russia 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the IT market in Russia landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include ASUSTek Computer Inc., Hewlett Packard Co., IBM Corp., and National Computer Corp.





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Research Report on Long Term Evolution market in the US

This report, the LTE Market in the US 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the LTE market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.






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India Drug Forecast and Market Analysis for Dry Eye Syndrome

Dry eye syndrome (DES), or keratoconjunctivitis sicca, is a multifactorial disease of the eye caused by dryness, decreased tear production, or increased tear film evaporation. DES, which is often referred to simply as dry eye, is the most prevalent form of ocular discomfort and irritation. The most common symptoms of DES are ocular irritation and discomfort, foreign body sensation, fatigue, and visual disturbances, which interfere with daily activities. In the elderly population, it is the most common reason for seeking eye care, and this is expected to increase exponentially with an aging demographic.








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Research report on the Chinese soy products market

This report provides the results for the Soy Products market in China from Canadeans unique, highly detailed study of consumers Consumer Packaged Goods (CPG) consumption habits, and forms part of an overall series covering all CPG product markets. Its coverage includes, but is not limited to, consumption behaviors, the extent to which consumer trends influence their consumption, the value of the market these trends influence, and brand and private label choices as well as retailer choices.




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United States Drug Forecast and Market Analysis Research Report

The non-existence of effective vaccine against HCV leads the healthcare market in United States to be driven by therapeutics. Vertexs Incivek was amongst the first DAA HCV therapies launched in the US and is the current market leader. Inciveks improved efficacy over the previous standard of care in the treatment of the most prevalent HCV genotype in the US, HCV GT1, which enabled the drug to quickly capture the market. Adverse events associated with Incivek therapy, such as life-threatening skin reactions, and the slow-progressing nature of HCV, has resulted in many patients deciding to forego treatment in order to wait for the launch of a more-tolerable HCV regimen.





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Research Report on Personal Accident and Health Insurance in South Africa

The main growth driver for personal accident and health insurance during 2008 to 2012 was the launch of HIV or AIDS insurance by both health and life insurers, which was purchased by a large number of the country's formerly uninsured population. The personal accident and health insurance segment grew at a CAGR of 10.7% during 2008 to 2012. This robust growth was supported by the country's increasing per capita income levels, GDP growth, favorable insurance reforms, and financial and healthcare service expansions.






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Electronic Component Market in Singapore to 2017 | Market Trends

Current market situation and trends unveil the future prospects of the electronic component market in Singapore to 2017. Important product segments include cards incorporating a magnetic stripe, cards incorporating an electronic integrated circuit, electrical capacitors, electrical resistors, potentiometers and rheostats, electronic integrated circuits and micro-assemblies, electronic printed circuits, semiconductor devices, thermionic and cold cathode valves and tubes.



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Thermal Power in Saudi Arabia | Market Outlook and Company Profiles

Analysis of the power market scenario in Saudi Arabia in addition to an in-depth study of the active thermal power plants in the country, upcoming thermal installation details, and major equipment market size and company snapshots of some of the major market participants provides a future outlook of the industry with forecasts up to 2025. Key policies and regulatory framework supporting thermal power development assist in identifying key growth and investment opportunities in Saudi Arabia thermal power market. Company snapshots of some of the major market participants in the country facilitate understanding and responding to competitors business structure, strategy and prospects.



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Convenience, indulgence, adventure and gender are all set to have a significant impact on consumer trends related to the UK ready meals market to 2017

Although the maturity of the UK ready meals market has resulted in static growth in terms of sales value between 2007 and 2012, it is forecasted to grow significantly at a CAGR of 4.7%, between 2012 and 2017. In recent years, much attention has been paid to cooking becoming more common among men: it is no longer viewed as a chore and is more often considered as a life-skill akin to having a successful career, one that can enhance a person’s image. However, while this is indeed true to an extent, UK males are still more reliant on ready meals than women.

Despite social shifts, and a dominant media presence that has overstated their impact, women are still typically more likely to take on traditional roles within the family home, such as looking after the dietary habits of children and cooking. Consequently, women tend to have more time and motivation to cook, in addition to possessing the confidence to prepare a more varied selection of meals. Thus, despite a growing segment of the male population that is more confident of their role in the kitchen, it is important not to overstate this trend, with male consumption of ready meals still being 4.3% higher than the proportion of society they represent.

Unlike the gender split, however, an analysis of different age groups’ consumption of ready meals does not reveal any particular group that significantly under- or over-consumes in the UK ready meals market. This is a reflection of how consumers of all ages and life-stages (for example, with or without children) have in some degree integrated convenient and processed food products into their diet that is, in turn, influenced by busy lifestyles.

It is this shift in lifestyle that has emerged as the largest motivator for indulging in ready meals in the UK: consumers are tending to delay responsibilities such as marriage and children in favor of more ambitious personal and/or professional goals. In the coming years, it is expected that UK consumer lifestyles will become even more complex, with individuals becoming more ambitious and wanting to achieve a number of professional and personal goals before actually deciding to settle down. This is a reflection of a broader desire to become more adventurous, something that will tend to influence product choices: consumers will demand products that offer excitement and convenience which, in turn, will drive demand for ethnic and exotic products.

Convenience, which in many aspects sums up the aforementioned lifestyle drivers, is the key motivator of ready meal occasions in the UK. However, it is crucial that ready meal manufacturers do not become overtly reliant on positioning their products around the ‘convenience’ factor, and seek to elicit an emotional reaction from consumers by partially focusing on the indulgent aspects of products. This will serve to assure consumers that they are not unnecessarily sacrificing pleasure for convenience.

The desire for new experiences continues to be a motivator of consumer behavior, and this is reflected in the way consumers tend to seek adventure through experimental choices in food consumption. In the ready meals category, many consumers are no longer satisfied with the broad labels of ‘Indian’ or ‘Chinese’, and instead desire more regional-specific dishes that imply a greater sense of authenticity.

As this trend continues, the premium ready meals market is predicted to become a focal point for the industry, as it seeks to persuade consumers that ready meals should not be solely associated with fitness
related purposes, but can also meet the increasingly adventurous and indulgent needs of the UK’s population.
For further insights, UK Ready Meals Market

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Understanding Consumer Trend and Drivers of Behavior in Meals Market

Although the maturity of the UK ready meal market has seen it witness only static growth in terms of sales value between 2007 and 2012, it is forecasted to grow significantly at a CAGR of 4.7%, between 2012 and 2017. After witnessing only stagnant market value sales growth over the 2007 to 2012, value growth in the category is forecast to accelerate over the next five year period ending 2017. Value will grow at a faster rate than market volume. This indicates that there will be a greater willingness to trade-up among consumers when choosing ready meals. Busy lives and changing life-stages are the key drivers of change within the UK ready meal market.



Find more at : UK Ready Meals Market

HNWI Asset Allocation in the UAE 2013

Real estate was the largest asset class for HNWIs in the UAE in 2012, accounting for 23.2% of total HNWI assets. Cash products recorded the strongest growth during 2008 to 2012, driven by a movement to safer assets during the financial crisis. Cash is expected to be the worst performing asset class resulting in a movement away from cash and towards equities.



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Gasoline and Oil Additive Market in Qatar to 2017

Market size for gasoline, oil additives by product segment, current market situation and trends unfold a host of opportunities and attract new entrants into the market, which builds up competition for the existing players. Important product segments include Lead compound based anti-knock preparations, other anti-knock preparations, lubricating oil additives with petroleum and bitumen oils, other lubricating oil additives, other gasoline and oil additives.



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Imports & Exports, Modernization, and Counterterrorism Boost Australian Defense Expenditure

With Australia’s defense imports and exports being bolstered by its Australian Industry Capability (AIC) plan and Defense Export Unit (DEU), a significant modernization and procurement initiative on the part of the Australian DOD, coupled with a rising counterterrorism spend, new research released by Strategic Defense Intelligence claims that Australia’s defense expenditure is set to grow at a CAGR of 5.1% for the next four years, reaching a peak of USD 35.2 billion by 2018.

In 2009, Australia introduced the Australian Industry Capability (AIC) plan that imposes offsets designed to give domestic companies access to external global supply chains and foreign firms’ technology. Coupled with the government’s Defense Export Unit (DEU), which assists domestic companies in gaining access to export markets and increase their customer base, this has precipitated significant steady growth in the country’s defense imports and exports.

Moreover, this trend is set to continue: 65% of all procurements are forecasted to be made from foreign companies between 2014 and 2018, while the AIC and DEU – which have successfully pulled out USD 550 million by imposing offsets on foreign firms, such as global supply chain deeds and the transfer of training programs and technology aimed at improving domestic defense capabilities – are likely to attract more foreign investment during the same period.

The Australian DOD is expected to increase its capital expenditure from USD 5.9 billion in 2013 to USD 9.5 billion in 2018, as part of a concerted modernization initiative. Revenue expenditure is also expected to increase, from USD 20.4 billion in 2013 to USD 25.7 billion in 2018, which can be attributed to the additional recruitment, training, and development programs for military personnel that are to be undertaken over the next four years. This significant procurement of training, equipment and weaponry is expected to enhance the Australian defense expenditure, thereby supporting the market’s expansion.

While Australia has historically been sheltered from terrorism, its increasingly close relationship with the US, coupled with the occurrence of several terrorist attacks on domestic soil – such as the Sydney Hilton bombing in 1978, the Turkish Consulate bombing in 1986, and the Bali bombings in 2002 – has prompted the Australian government to increase its precautionary counterterrorism measures.

In 2011, the Australian government announced that it will invest AUD 1.2 billion to bolster Australia’s border security, with a range of measures including eight new border patrol vessels and strengthened aviation security. In addition to national security issues, the country plays a crucial role in the ongoing operations in Afghanistan, which is something that continues to drive its defense expenditure directed towards counterterrorism.

For further insights, Australian Defense Industry

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Skincare and flexible packaging continue to dominate Hong Kong’s health and beauty market

The skincare category continues to dominate Hong Kong’s health and beauty market and is expected to continue to do so till 2017, growing at a CAGR of 6.96% between 2012 and 2017 – a significant step up from the market’s general growth at a CAGR of 4.79%. In 2012, 84.4 million skincare packs were sold in the Hong Kong market, and this figure is forecasted to rise at a CAGR of 6.13% to 2017, reaching 113.6 million packs sold. Meanwhile, flexible packaging is expected to retain its stronghold on the market in terms of items sold, and is forecasted to reach 96.4 million items per annum by 2017 – 72.5 million more than its closest rival, rigid plastics.

For further insights, Health & Beauty Packaging Market in Hong Kong

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Research on Hong Kong is a leading source for market research on various sectors in Hong Kong, offering premium research content from worldwide publishers of market research reports.

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