Food and Beverages

The global  head up display market  is estimated to reach over USD 15.3 million by 2026 according to a new study published by Polaris Market Research. The key reason for HUD market growth is the emergence of Augmented Reality which is used as an assistant between drivers and vehicle that leads to safer driving. Thus, with the invention of new driver-centric innovative products, HUD market has gained traction over the forecast period. HUDs are transparent displays which provide different information to the driver in real-time at a single screen, thus helping the driver to safely cruise in his vehicle. They were prominently used in the aircrafts, however with technological innovations, the adoption of such displays has gained significant traction in the automotive sector. In terms of volume, the number of shipments in automotive segment of HUD is expected to increase significantly over the forecast period.  The combination of Head-Up Displays with the driver assistance...

According to a new report published by Polaris Market Research, the global  gene therapy market  is anticipated to reach USD 4,300 million by 2021. The demand for gene therapy is primarily driven by continuous technological advancements and successful progression of several clinical trials targeting treatments with strong unmet need. Moreover, rising R&D spend on platform technologies by large and emerging biopharmaceutical companies and favorable regulatory environment will accelerate the clinical development and the commercial approval of gene therapies in the foreseeable future. Despite promise, the high cost of gene therapy represents a significant challenge for commercial adoption in the forecast period. Gene therapy involves inactivating a mutated gene that is not functioning properly and introducing a new gene to assist in fighting a disease. Overall, the field of gene therapy continues to mature and advance with many products in development and nearing co...

According to a new study published by Polaris Market Research the  commercial UAV market  is anticipated to reach over USD 15,624.7 million by 2026. In 2017, the rotary blade UAV segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. The increasing applications of commercial UAVs in industries such as agriculture, media & entertainment, and mining have boosted the growth of the market. Use of UAVs in performing high risk tasks further support the growth of this market. Additionally, the technological innovation in the market in terms of miniaturization & improvement of components further boosts the adoption of commercial UAVs. Increasing investments by vendors in technological advancements coupled with decreasing prices of components would reduce the overall cost of UAVs in the coming years, further supporting the market growth. However, securit...

The global  Robotic Process Automation in BFSI market  size is expected to reach USD 3,457.8 million by 2026 according to a new study by Polaris Market Research. The report  “Robotic Process Automation in BFSI Market Share, Size, Trends, Industry Analysis Report By Type (Software and Services); By Services (Consulting, Implementation, Training); By Organization Size (SME, Large Enterprises); By Application (Banking, Financial Services & Insurance); By Regions, Segments & Forecast, 2019 – 2026”  gives a detailed insight into current market dynamics and provides analysis on future market growth. Inherent benefits offered by robotic process automation (RPA) such as process transparency, enhanced customer service, on-boarding optimization of processes, highest degree of data integrity, shorter lifecycles, and ability to effectively comply with regulations of various enforcement agencies combined with the data driven nature of the overall banking and financi...

The  enzymes market  is anticipated to reach over USD 21.76 billion by 2026 according to a new report published by Polaris Market Research. In 2019, the carbohydrase segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. The diverse applications of enzymes in industries such as healthcare, food and beverages, pharmaceutical, personal care, textile, and animal feed among others is expected to support the growth of this market. Other driving factors include introduction of genetically-engineered enzymes, and stringent government regulations regarding use of chemicals. Increasing demand from developing nations, use of enzymes as alternatives for synthetic chemicals, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period. Enzymes are used in a wide range of applications in medical an...

 – According to a new study published by Polaris Market Research the global  digital signage market  is anticipated to reach USD 34.9 billion by 2026. Digital signage helps the companies to promote their products and services using creative ideas, thus reaching out to a large number of audiences at a single time. Digital signages uses audio visuals, thus eliminating the need for printed materials. They are also used for information sharing with the help of self-service kiosks and information kiosks. Different industry verticals are adopting to this technology, owing to its cost effectiveness and due to the ease of content sharing. The data on digital signages can be shared simultaneously to different screens installed at different locations, thus reducing the time and cost and helps in providing better control over the data displayed. Due to these advantages, the market for digital signage is projected to gain traction over the forecast period. Displays play a ...

The  cyber security market  is anticipated to reach over USD 269.76 billion by 2026 according to a new study published by Polaris Market Research. In 2019, the enterprise segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2019. The growing need for protection of sensitive data, and increasing cyber terrorism has boosted the adoption of cyber security solutions. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. Additionally, the increasing demand of cyber security solutions from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing demand for cloud-based cyber security solutions would accelerate the growth of the cyber security market. However, However, growing use of pirated cyber security solutions, and complex...

According to a new study published by Polaris Market Research the  commercial UAV market  is anticipated to reach over USD 15,624.7 million by 2026. In 2017, the rotary blade UAV segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. The increasing applications of commercial UAVs in industries such as agriculture, media & entertainment, and mining have boosted the growth of the market. Use of UAVs in performing high risk tasks further support the growth of this market. Additionally, the technological innovation in the market in terms of miniaturization & improvement of components further boosts the adoption of commercial UAVs. Increasing investments by vendors in technological advancements coupled with decreasing prices of components would reduce the overall cost of UAVs in the coming years, further supporting the market growth. However, security a...

The worldwide  automated guided vehicle market  is anticipated to reach USD 3,977.8 million by 2026 according to a new study published by Polaris Market Research. In 2017, the automotive sector dominated the global market, in terms of revenue. Europe is expected to be the leading contributor to the global market revenue during the forecast period. Growing need for automation and increasing labor costs fuel the market for adoption of AGV. Use of these automated vehicles increases productivity, and efficiency, while saving time and costs. The increasing demand from industries including healthcare, defense, aerospace, agriculture, and food and beverage is expected to provide growth opportunities in the coming years. Emerging and untapped markets of developing economies further provide growing opportunities to key players in the market. Increasing investments, research and development further boosts the growth of the market. There has been a high demand for automation...

 According to a new study published by Polaris Market Research the worldwide  Vertical Farming market  is anticipated to reach over USD 11,905 million by 2026. In 2017, the shipping container dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period. The growing population worldwide has resulted in significant increase in food demand. Vertical farming is increasingly being used to meet the high-demand for food crops. The factors driving the growth of vertical farming market include ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, and lower dependency on weather conditions.  Organic and chemical free crops can be grown with the help of vertical farming in artificially controlled environments, which further increases its adoption. Other factors driving the market include growing urban population, and reduced e...

The global  POS terminals market  is estimated to be worth $169.4 billion by 2026, and is expected to grow at a CAGR of 12.4%, according to a new research report published by Polaris Market Research.  The report “Point-of-Sale (POS) Terminals Market [By Type (Fixed POS Terminals (Cash Counter terminals, Self-Service Kiosks, Others), Mobile POS Terminals); By Deployment (On-Premise, Cloud Based); By Component (Hardware, Software); By End-User (Retail, Healthcare, Restaurant, Hospitality, Others); By Region]: Market size & Forecast, 2018 – 2026” , provides insights and trends on adoption of point of sale (POS) terminals across the world. Various types of point-of-sale (POS) terminals are used as reliable alternatives to the traditional cash registries at businesses where checkouts and payments are handled. POS terminals provide merchants with multiple capabilities such as secure digital payments, faster checkout process, sales tracking, inventory monitoring, ...

The global  head up display market  is estimated to reach over USD 15.3 million by 2026 according to a new study published by Polaris Market Research. The key reason for HUD market growth is the emergence of Augmented Reality which is used as an assistant between drivers and vehicle that leads to safer driving. Thus, with the invention of new driver-centric innovative products, HUD market has gained traction over the forecast period. HUDs are transparent displays which provide different information to the driver in real-time at a single screen, thus helping the driver to safely cruise in his vehicle. They were prominently used in the aircrafts, however with technological innovations, the adoption of such displays has gained significant traction in the automotive sector. In terms of volume, the number of shipments in automotive segment of HUD is expected to increase significantly over the forecast period.  The combination of Head-Up Displays with the driver assistan...

According to a new study published by Polaris Market Research the worldwide  eyewear market  is anticipated to reach over USD 235 billion by 2026. In 2017, the spectacles segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global eyewear market. The increasing rate of diseases associated with vision, along with growing ageing population majorly drives the market growth. Consumers are increasingly becoming aware of eye health, which supports market growth. The growing popularity of fashion trends, and increasing disposable income encourage consumers to purchase designer and branded eyewear. Other factors driving market growth include spending longer durations in front of computers and laptops, increasing cases of myopia, hypermetropia, & astigmatism, and changing dietary habits. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities f...

According to a new study published by Polaris Market Research the  aluminum curtain wall market  is anticipated to reach over USD 55.3 billion by 2026. In 2017, the unitized curtain wall segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period. Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of aluminum curtain walls across the globe. Growing concerns regarding environment, increasing trend towards energy efficient buildings, and moisture management required in commercial buildings further support the growth of this market. Additionally, the increasing acceptance of green buildings and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Incre...

The global  Constrained Layer Damping (CLD) market  is anticipated to reach USD 1,160 million by 2026 according to a new study published by Polaris Market Research. Global constrained layer damping market is expected to grow significantly over the forecast period from 2018 to 2026 owing to numerous advancements that is driven by a strong growth in various application industries such as automotive, aerospace, defense and construction. Their ability to subdue noise and vibrations generating between the connection of metal or plastic parts is expected to boost the market for constrained layer damping during the forecast period from 2018 – 2026. Constrained layer damping are forms of shear-related energy dissipation systems accomplished by interlocking two or more physical materials using a relatively thin viscoelastic layer. Some of the benefits of using constrained layer dampening systems for dealing with damping of noise and vibrations are the capability to attain high lo...

The global  Ceramic Membrane market  size is expected to reach USD 15,900.1 million by 2026 according to a new study by Polaris Market Research. The report  “Ceramic Membrane Market Share, Size, Trends, Industry Analysis Report By Application (Water Treatment, Food & Beverages, Chemicals & Materials, Pharmaceuticals, Textiles), By Material (Alumina, Titania, Zirconia, Silica), By Technology (Nanofiltration (NF), Ultrafiltration (UF), Microfiltration (MF)), By Regions, Segments & Forecast, 2020 – 2026”  gives a detailed insight into current market dynamics and provides analysis on future market growth. Ceramic membranes are being used in high value applications such as protein fractionation in dairies, cell harvesting, separation of flow streams among others. Ability to withstand extreme pH conditions as well as to operate under extreme temperature ranges are some of the factors benefitting the market growth. Properties of ceramic materials such as i...