Food and Beverages

  According to a new report on  Quality Management Software (QMS) Market  published by Polaris Market Research, the global market is anticipated to reach 15.48 USD billion by 2026 with a CAGR of 9.7% during the forecast period.   QMS is used to replace the paper based systems with automated quality management systems that follows stringent regulations and quality standards. This improves the product quality, increase the efficiency and satisfy the customer demands. QMS is anticipated to witness a remarkable growth owing to the standards and regulations compliance. The key factor that boosts QMS market is the solutions and systems used to ensure the high quality products and processes.   QMS reduces the risk of quality process failures and lower costs for large number of clients across a range of industries. QMS offers various features such as track deviations, improves non-conformances, improves safety and other features. Adoption of QMS can help the organizatio...

  According to a new research published by Polaris Market Research the worldwide  Protective Textiles Market  is anticipated to reach around USD 8,802.2 million by 2026. In 2017, the manufacturing and construction segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global Protective Textiles market.   The rapidly increasing need to provide safety at workplace majorly drives the growth of this market. Introduction of stringent Government regulations regarding workplace safety, and increasing demand of protective textiles from different industries support the market growth. Increasing investments in R&D, and initiatives taken by leading players in the market to launch innovative products to cater to the growing consumer demands further augment market growth. However, high costs of protective textiles limit the growth of the market. New emerging markets, technological advancements, and use of phase change...

  According to a new report published by Polaris Market Research the worldwide  Photovoltaic Materials Market  is anticipated to reach around USD 44,073 million by 2026. In 2017, the Polycrystalline Silicon segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global Photovoltaic Materials market.   The increase in the adoption of renewable energy sources drives the growth of this market. Growing concerns regarding environmental pollution caused by fossil fuels and their limited availability support the market growth. There has been an increasing demand of solar technology owing to low operating costs and less maintenance. Governments are increasingly investing in the development of solar technology to accelerate the adoption of renewable sources, thereby supporting market growth. However, high installation costs of solar systems limit the growth of the market. New emerging markets, and declining costs...

  According to a new research published by Polaris Market Research the  net-zero energy buildings market  is anticipated to reach over USD 96,008 million by 2026. In 2017, the commercial net-zero energy buildings 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.   Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of net-zero energy buildings. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce energy consumption further support the growth of this market. Additionally, the increasing acceptance 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. Increasing investments by vendors in tech...

  The global  magnetic sensor market  size is expected to reach USD 4.68 billion by 2026 according to a new study by Polaris Market Research. The report  “Magnetic Sensor Market Share, Size, Trends, Industry Analysis Report By Type (AMR, GMR TMR, Hall Effect, Others); By Technology (Low Field Sensor, Earth Field Sensor, Bias Magnetic Field Sensor); By Application (Automotive, Consumer Electronics, Industrial, Aerospace and Defense, Healthcare, Energy and Power, Others); By Regions, Segment Forecast, 2020 – 2026”  gives a detailed insight into current market dynamics and provides analysis on future market growth.   In the market, there are many manufacturing companies imparting magnetic sensors that are utilized in many programs where high dependability & cost-optimized solutions are needed. In a current discovery, the board has allowed improving those sensors. The National Institute of Standards & Technology (NIST) has observed that merging magnetic...

  According to a new report published by Polaris Market Research the  earphones and headphones market  is anticipated to reach over USD 16,563 million by 2026. In 2017, earphones 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 increasing demand of wireless earphones and headphones drives the growth of this market. Increasing penetration of smartphones coupled with declining prices of mobile devices further accelerates the market growth. In addition, the per capita income of consumers has increased considerably, which has resulted in enhanced lifestyle and higher standards of living. Rise in the number of streaming services such as Spotify, Pandora, and Deezer, enhance the music experience for consumers, thereby supporting the growth of headphones and earphones.   There has been an adoption of earphones and headphones across the globe owing to t...

  According to a new study published by Polaris Market Research the worldwide  battery management system (BMS) market  is anticipated to reach USD 14,422 million by 2026. In 2017, the lead-acid batteries 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 rising demand of BMS from the automotive sector primarily drives the growth of this market. These systems are increasingly being adopted across various industries such as aerospace and defense, healthcare, and electronics among others. The increasing adoption of BMS in data centers, and renewable energy systems further supports the growth of this market.   The demand for electric vehicles has increased significantly over the years owing to increasing prices of gasoline prices across the globe, which leads to increased adoption of battery management systems. The exponential growth in the prices of...

  The global  automotive aftermarket market  is expected to reach more than USD 519 billion by 2026 with a CAGR of 4% during the forecast period as per a new study released by Polaris Market Research. The report “ Automotive Aftermarket [By Product (Tire, Wheels, Battery, Lighting Components, Exhaust Components, Body Parts, Accessories, Telematics, and Others); By Sales Channel (OEM, Professional Service Stations); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Region]: Market size & Forecast, 2017 – 2026” .  provides an extensive analysis of present market dynamics and predicted future trends.   In 2017, the tire segment accounted for the majority revenue share in the global market. The key factor driving the market include expanding the global automotive industry and the rising average age of vehicles. The growing awareness about proper maintenance and repair of vehicles is expected to propel the demand in the coming years. Other factors boo...

  According to a new study published by Polaris Market Research the worldwide  anti-drone market  is anticipated to reach over USD 3,064 million by 2026. In 2017, the defense and military 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 rising incidences of misuse of drones and growing terrorist activities primarily drive the growth of this market. Smugglers and traffickers are increasingly using drones for malicious and criminal activities, thereby increasing the demand of anti-drones. Other driving factors include technological advancement, and increasing investment in R&D.   There has been an emerging threat from drones to critical infrastructure. A high number of cases of drone overflights at nuclear and power stations have been registered. In 2014, after several cases of overflights of reactors, French authorities invested $1.1...

  According to a new study published by Polaris Market Research the worldwide  commercial kitchen appliances market  is anticipated to reach USD 138.5 billion by 2026. In 2017, the refrigerator 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 significant increase in food establishments, and the growing tourism industry are the major factors driving the growth of this market. The changing lifestyles and hectic schedules of the working professionals are leading to higher instances of dining at restaurants and other food establishments.  Rising disposable income is one of the factors responsible for the growth of the market.   Restaurants are increasingly adopting technologically advanced kitchen appliances to simplify kitchen activities and offer enhanced services to consumers. Restaurant businesses prefer compact and space efficient...

  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...

  The global  personal protective equipment (PPE) market  is anticipated to reach USD 81.35 billion by 2026 according to a new study published by Polaris Market Research. The market growth is propelled majorly by the increasing concerns of employers over the safety of its employees. Employers are highly responsible for offering a healthy and safe workplace to their workers. Employees working at industrial sites are prone to different forms for hazards, they are likely to come across sharp objects, flying sparks, unbearable loud noise, falling objects, and chemicals that could cause them serious injuries. Companies especially those belonging to industrial, manufacturing, and construction sectors have realized that it is better to take precautions and prevent any lethal damage to any of their workers. Many regulatory bodies have laid guidelines to promote the safety and health of workforce. For instance, Occupational Safety and Health Administration (OSHA) in the U.S. is re...

  According to a new research published by Polaris Market Research the global  nanosatellite and microsatellite market  is anticipated to reach over USD 6,111.8 million by 2026. In 2017, the nano satellite segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Nano Satellite and Micro Satellite market.   Nano satellites are used in civil, government, defense, and commercial sectors for earth observation and telecommunication applications. Organizations are increasingly adopting nano and micro satellites for technology demonstration, and scientific research and experimentation. The growing commercial sector, along with low costs associated with these satellites drive the market. There has been a rising demand of earth observation services among various sectors such as agriculture, energy, civil engineering, oil and gas, and defense. Growing use of these satellites in defense sector would boost th...

  The  lubricants market  is anticipated to reach USD 169.4 billion by 2026 according to a new research published by Polaris Market Research. In 2019, the automotive 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. The growing manufacturing industry, rapid industrialization, and modernization of industrial machinery drive the growth of this market.  Other driving factors include growing automotive production, rising applications in mining industries, and increasing government initiatives to support industrial growth. However, high prices of bio-based and synthetic lubricants are expected to hamper market growth. Increasing demand from developing nations is expected provide numerous growth opportunities to the market players during the forecast period. The demand for lubricants from the industrial sector has increased over the years. The increasing ...

  The global  kitchen appliances market  is anticipated to reach USD 340.9 billion by 2026 according to a new report published by Polaris Market Research. In 2019, the refrigerator 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 changing lifestyles and hectic schedules of the working professionals lead to growing demand for kitchen appliances. Consumers prefer kitchen appliances, which are easy–to-operate and facilitate faster cooking. Rising disposable income is one of the factors responsible for the growth of the market. Increasing propensity of consumers to spend on appliances to lead convenient lives has also resulted in an increased demand for kitchen appliances.   The other factors responsible for the growth of the market are convenience in fast cooking and healthy food consumption. Players in the market are launching cooking app...