Global Markets Latest Research Reports: September 2018

Sep 28, 2018

Increase In Global Population Expected To Inflate The Global Agriculture Market (Companies Included: Cargill Inc, JBS S.A, Tyson Foods Inc, Tyson Foods)

Agriculture involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibers, bio-fuel, medicinal and other products used to sustain and enhance human life. This industry also includes horticulture and aquaculture.

The global agriculture market has shown high growth in the past years with a CAGR of around 6%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the agriculture market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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World population is growing and is expected to reach 10 billion by 2050. Increase in population creates more demand for food. Crop production, farming activities and trade volumes will have to increase in order to meet increased population. Agriculture companies will increase acquisitions in arable land to increase crop productions. Agriculture companies are expected to increase their presence and activities to meet increased demand from farming activities.

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TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

Companies included in the report are Cargill Inc, JBS S.A, Tyson Foods Inc and Tyson Foods.

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Increase In Disposable Income To Boost The Non-Residential Accommodation Market (Companies Included: Marriott International, Hilton Worldwide, Wyndham Worldwide, Hyatt Hotels Corporation, Four Seasons Hotels & Resorts)

The non-residential accommodation market provides lodging or short-term accommodation for travelers, vacationers and others. It includes hotels, motels, casino hotels, bed and breakfast accommodations, rooming and boarding houses, recreational and vacation camps, recreational vehicle parks and campgrounds and all other traveler accommodation.

The global non-residential accommodation market has shown high growth in the past years with a CAGR of about 7%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the non-residential accommodation market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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As an industry largely driven by the spending power of the customer, steady gains in disposable personal income boosted the accommodation industry. Some developed, developing countries and Pacific Rim countries such as Malaysia, Indonesia, and Vietnam are registering higher disposable incomes leading to higher spending for services such as accommodation when they travel for leisure.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies included in the report are Marriott International, Hilton Worldwide, Wyndham Worldwide, Hyatt Hotels Corporation and Four Seasons Hotels & Resorts.

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Increase In Automobile Sales Will Boost The Global Synthetic Rubber And Fibers Market (Companies Included: DOW, Owens Corning, KUMHO Petrochemical, Teijin, Ltd., TSRC Corporation)

The synthetic rubber manufacturing industry comprise establishments that primarily manufacture synthetic rubber, which is a polymer either produced from natural sources such as natural rubber or synthesized on an industrial scale. Synthetic rubber is an artificial elastomer which is produced via the polymerization of a variety of petroleum-based monomers. The fiber manufacturing industry is comprised of establishments which primarily manufacture and texturize cellulosic and non-cellulosic fibers.

The global synthetic rubber manufacturing market has shown slow growth in the past years with a CAGR of just over 1%. The year 2017 recorded highest ever growth in this market as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the synthetic rubber manufacturing market to grow at a higher CAGR by 2021

as compared to 2017, along with geographies best suited for investments with highest return rate.

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High demand for automobiles in major developed and developing countries is a major driver of the synthetic rubber industry. For instance, in the US about 17.5 million cars and trucks were sold in 2015. A major portion of the synthetic rubber produced goes into the manufacturing of automobile tires. According to a report by the University of Central Arkansas, about two thirds of all rubber goes to the production of tires.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies included in the report are DOW, Owens Corning, KUMHO Petrochemical, Teijin, Ltd., and TSRC Corporation.

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Sep 27, 2018

Growth Rate Expected To Increase For The Genito-urinary Drugs Market By 2021 As Per TBRC’s Latest Report (Companies Included: Daiichi Sankyo Company, Limited, Pfizer Inc, Bayer AG, Astellas Pharma Inc.)

The genitourinary drugs market covers drugs that are used in the treatment of diseases such as urinary tract infections, male reproductive diseases, voiding diseases, female reproductive diseases, glomerular disorders, urinary calculi, cystic kidney disease, Reno vascular diseases, benign prostate diseases, and other related diseases.

The global genitourinary drugs market has shown moderate growth in the past years with a CAGR of over 4%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the genitourinary drugs market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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The global genito-urinary drugs market is expected to grow at a compound annual growth rate (CAGR) of around 6%. This growth is mainly due to growing genitourinary disorders like chronic kidney disease (CKD). Going forward, the number of pipeline drugs (ABT-614, Abbott Laboratories and EOS789, Chugai Pharmaceutical) are expected to increase with constant improvements in healthcare infrastructure. Novel drugs such as Cialis which are considerably more effective than the drugs used in multiple-drug therapies, and are affordable in cost are expected to fuel the growth of this market.

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TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

Companies included in the report are Daiichi Sankyo Company, Limited, Pfizer Inc, Bayer AG and Astellas Pharma Inc.

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Growth Prospects High For Real Estate Market As Per TBRC’s Latest Report (Companies Included: CBRE Group, Jones Lang LaSalle Inc., New World Development Company Limited, Colliers International, Newmark Grubb Knight Frank)

The real estate industry includes establishments involved in renting, leasing and allowing the use of buildings and land. It also includes managing real estate for others, selling, renting and buying real estate for others and appraising real estate. It includes housing and other real estate such as office.

The global real estate industry has shown moderate growth in the past years with a market value of around $ 3.5 trillion in 2017, which was the highest ever market value recorded in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims in this market.

The report also shows the real estate market to grow at the same CAGR by 2021 as compared to

2017, along with geographies best suited for investments with highest return rate.

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The high growth can be attributed to the expected increase in demand for real estate due to growing population, rapid urbanization, rising per capita income, demographic shift, and easing real estate regulations to facilitate affordable housing in emerging countries such as China and India. Increasing demand for luxury homes is also expected to drive the market in developed countries. An increasing interest rate environment, which is expected during this period, will somewhat slow this growth.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies included in the report are CBRE Group, Jones Lang LaSalle Inc., New World Development Company Limited, Colliers International, and Newmark Grubb Knight Frank.

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Growing Demand In Minimally Invasive Surgeries To Boom The Surgical Equipment Market (Companies Included: Johnson & Johnson, Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, Getinge Group)

The surgical equipment industry manufactures tools used by surgeons for cutting, dissecting, grasping, holding, retracting and suturing. Surgical equipment includes graspers, clamps, retractors, distractors, mechanical clutters, and suction tips and tubes.

The global surgical equipment manufacturing market has shown decent growth in the past years with a CAGR of just over 4.5%. The year 2017 recorded highest ever growth in this market as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the surgical equipment market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Growing demand for minimally invasive surgery (MIS) will increase the demand for advanced surgical equipment. MIS refers to any surgical procedure that requires minimal incisions as opposed to traditional or open surgery used for the same purpose. Preference for MIS procedures increased due to their multiple advantages such as short healing and recovery time, minimal scarring, cost effectiveness, minimal trauma and pain and decreased risk of infections and complications.

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Companies included in the report are Johnson & Johnson, Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, and Getinge Group.

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Sep 26, 2018

The Use Of Artificial Intelligence In Customer Support In The Global Commercial Services Market (Companies Included: Adecco Group, Randstad Holding, Manpower Inc. And Waste Management Inc., ISS A/S And Sodexo Merchant Network)

The commercial services market comprises establishments that perform support activities for the day-to-day operations of other businesses or organizations. Establishments in this market specialize in one or more of these support activities which in other cases are often undertaken in-house. Some of these support activities are offered to households.

The global commercial services market has been growing in the past years with a CAGR of almost 6%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global commercial services market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Artificial intelligence is widely being used by business organizations in customer support activities as it considerably reduces operational costs. Artificial intelligence systems perform tasks that normally require human intelligence such as speech recognition, translation between languages, visual perception, decision-making. This technology enables handling of customer grievances and other interactions without human intervention, thereby increasing efficiency and reducing operational costs. It also helps manage support tickets in bulk, provides multi-language support and auto responding of bulk emails. According to a study by Oracle, nearly 8 out of 10 businesses have already implemented or planning to adapt artificial intelligence in customer support by 2020. Some of the companies using artificial intelligence in customer support include China Merchant Bank, Fiat Argentina, Toshiba France, and KLM airlines.

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Companies included in the report are Adecco Group, Randstad Holding, Manpower Inc. And Waste Management Inc., ISS A/S and Sodexo Merchant Network.

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Automation In The Retail And Wholesale Market (Companies Included: Wal-Mart Stores, McKesson, AmerisourceBergen corporation, Cardinal Health, Costco Wholesale Corporation)

Retailing involves buying from wholesalers or direct from manufacturers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers. Both retailers and wholesalers take ownership of the goods and so bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from manufacturers to consumers.

The global retail and wholesale market has shown moderate growth in the past years with a CAGR of just over 4.5%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the retail and wholesale market to grow at a much higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Innovations in automation technology are on the rise and retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at automating store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, and delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity, and increases overall customer experience.

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TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

Companies included in the report are Wal-Mart Stores, McKesson, AmerisourceBergen corporation, Cardinal Health and Costco Wholesale Corporation.

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Increasing Use Of Polymer Optic Fiber In The Global Commercial And Service Industry Machinery Manufacturing Market (Companies Included: Canon Inc., Ricoh Co. Ltd., Fujifilm Corporation, Sony Electronics Inc., Nikon Inc., Olympus Corporation, GoPro Inc., Photronics Inc., and Cognex Corporation)

The commercial and service industry machinery manufacturing industry comprise companies offering commercial and service industry machinery such as optical instruments, photographic and photocopying equipment, automatic vending machinery, commercial laundry and dry-cleaning machinery, office machinery, automotive maintenance equipment (except mechanics' hand tools), and commercial-type cooking equipment.

The commercial and service industry machinery manufacturing in this report is segmented into optical instrument and lens manufacturing, photographic and photocopying equipment manufacturing and other commercial and service industry machinery manufacturing.

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The global commercial and service industry machinery manufacturing market has been declining in the past years with a CAGR of almost -4%. The year 2017 recorded growth in this market with a net market value more than 17% lower than that of 2013, as per TBRC’s in-house consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the decline claims.

The report also shows the global commercial and service industry machinery manufacturing market to decline at a lower CAGR by 2021 as compared to 2017.

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Polymer optic fiber is widely being used in automotive, aircraft manufacturing, electronics and other industries apart from telecommunications industry. Polymer optic fiber which is similar to glass optic fiber is made with polymer and transmits light through the core of fiber. It comprises polymethyl methacrylate(PMMA) which facilitates light transmission along with fluorinated polymers which is the cladding material. Polymer optic fibers are light weight and comparatively less expensive and support bit rates of upto 10Gbps.Polymer optic fiber applications include Internet Of Things, home networking, sensors for structural health monitoring. Major companies offering polymer optic fiber include Mitsubishi Rayon, Asahi Kasei, Asahi Glass and Fujifilm.

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Companies included in the report are Canon Inc., Ricoh Co. Ltd., Fujifilm Corporation, Sony Electronics Inc., Nikon Inc., Olympus Corporation, GoPro Inc., Photronics Inc., and Cognex

Corporation.

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Sep 25, 2018

Technological Advances In The Global Coal, Lignite And Anthracite Mining Market (Companies Included: Coal India Limited, ShenHua Group, BHP Billiton Ltd., China Coal Energy Co Ltd., Anglo American plc.)

Coal mining industry primarily covers mining of bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal, including cleaning, washing, screening, and sizing of coal.

The global coal, lignite, and anthracite mining market was valued at around $850 billion in 2017. Asia Pacific was the largest region in the coal, lignite, and anthracite mining market in 2017, accounting for more than 70% market share.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the decline claims.

The coal, lignite, and anthracite mining market is segmented into coal mining, lignite mining and anthracite mining. Coal mining includes the sub sections bituminous coal surface mining and bituminous coal underground mining. Lignite is the lowest quality coal with low carbon content of 25-35%, moisture content of 20-40%, and heating value of 4000 to 8300 BTU per pound. Anthracite has the highest carbon content up to 85-90% and low moisture content of 5-15%. It has the highest heating value of 13000 to 15000 BTU per pound.

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Coal mines are prone to hazards and mining companies are increasingly focusing on technologies to prevent accidents and improve the safety of miners. Government regulations, and health and safety standards developed by international mining groups also promote efficient safety practices. Some of the reasons for the occurrence of accidents in mining include ineffective drilling, blasting, loading and hauling, leaking out of poisonous methane gas, coal dust, and machinery collisions. Sensor-based methane detectors use RFID technology to monitor and control the level of methane which can cause explosions. GE’s CoalPlus technology helps in reducing coal dust in mining operations by up to 90%.

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Companies included in the report are Coal India Limited, ShenHua Group, BHP Billiton Ltd., China Coal Energy Co Ltd. and Anglo American plc.

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Hybrid Cloud Services In The Global Cloud Services Market (Companies Included: Microsoft, IBM, Amazon Web Services, VMware Inc., Salesforce.com, Google)

The word ‘cloud services’ refers to delivery of information technology resources and applications on-demand through the Internet platform. Companies in the cloud services industry provide access to servers, storage, databases and a broad set of application services managed by a hardware networking.

Cloud computing has significantly grown in popularity as new models have emerged and developed to meet different needs of users. Each type segment offers different levels of control, flexibility, and management. These division of cloud services are Infrastructure as a Service, Platform as a Service and Software as a Service.

The global cloud services market has been growing in the past years with a CAGR of almost 7%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global cloud services market to grow at a lower CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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With growth and technological advances in the cloud industry, companies are witnessing a growing demand of hybrid cloud model. Hybrid cloud services meet organization’s regulatory norms while also benefiting from the economies of the cloud. They also support organizations in adopting cloud technology without making changes to the existing infrastructure. Since hybrid clouds limit the costs of users, demand has been growing among midsize enterprises.

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Companies included in the report are Microsoft, IBM, Amazon Web Services, VMware Inc.,

Salesforce.com, and Google.

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Increasing Popularity Of Crowdfunding Platforms In The Global Civic Services Market (Companies Included: Southern Baptist churches, World Food Programme, UNICEF, The Salvation Army, Feeding America, Bright Horizons Family Solutions)

The civic services industry comprises establishments that operate religious, social, and professional organizations. These establishments also offer other civic and recreational services to their members. Major examples of civic services organizations include community associations or organizations, ethnic associations, fraternal associations or lodges, girl guiding organizations, history societies, parent-teacher associations, retirement associations, scouting organizations, and students' associations.

Civic services market in this report is segmented into NGOs and charitable organizations, political organizations, unions and associations, and religious organizations.

The global civic services market has been growing in the past years with a CAGR of almost 3.4%. TBRC’s latest report show the historic and future trends in the market for each year with sourced

reasons to support the growth claims.

The report also shows the global civic services market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Crowdfunding is rapidly becoming one of the most popular modes for individuals and businesses to raise money for a cause, project, or event. It is a process of raising capital through a large number of independent investors primarily via crowdfunding platforms and social networking websites. Crowdfunding includes funds raised through donation websites, online charity auctions, and giving by text. According to Massolution crowdfunding report 2015, the global crowdfunding industry expanded by 167%, from $6.1 billion in 2013 to $16.2 billion in 2014 in terms of funds raised. The industry more than doubled in 2015, reaching $34.4 billion.

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Companies included in the report are Southern Baptist churches, World Food Programme, UNICEF,

The Salvation Army, Feeding America, and Bright Horizons Family Solutions.

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Sep 24, 2018

Regenerative Therapies For CNS Diseases In The Global Central Nervous System Drugs Market (Companies Included: Biogen Inc., F. Hoffmann-La Roche Ltd., Johnson & Johnson, Pfizer Inc., Novartis AG, Shire Plc., UCB S.A., Eli Lilly And Company, Sanofi S.A., Daiichi Sankyo Company, Limited)

The central nervous system drugs market includes medications that are used in the treatment of diseases affecting the brain or spinal cord. The central nervous system (CNS) integrates sensory information and instructs the body to respond accordingly. The spinal cord is a channel for signals between the brain and the rest of the body. Central nervous system (CNS) disorder is a condition in which the brain and spinal cord’s ability to function is affected, hence affecting the body. The market for CNS disorder drugs comprises of drugs that work in different ways depending on the type of disease by suppressing or boosting the brain activities. Top selling neurological drugs in 2016 include Copaxone, Lyrica, and Tecfidera.

The global central nervous system drugs market has been growing in the past years with a CAGR of almost 5.2%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global central nervous system drugs market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Regenerative therapies for the treatment of central nervous system diseases is one of the emerging trends in the global central nervous system drugs market. CNS diseases such as Alzheimer’s, Parkinson’s disease, spinal cord injury and optic neuropathies are complex disorders and cannot be completely cured by current therapeutic strategies, hence facilitating the need for regenerative therapies. Regenerative therapies are medications that replace, engineer or regrow damaged cells to treat a particular disease. These therapies help in the healing process by regenerating human cells, tissues, and organs. Major regenerative therapies include transplantation by embryonic stem cells, usage of matrix such as fibrin, collagen, and hyaluronic acid.

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Companies included in the report are Biogen Inc., F. Hoffmann-La Roche Ltd., Johnson & Johnson,

Pfizer Inc., Novartis AG, Shire Plc., UCB S.A., Eli Lilly And Company, Sanofi S.A., and Daiichi Sankyo Company, Limited.

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Introduction Of Batteries For Clean Energy In The Global Batteries Manufacturing Market (Companies Included: Panasonic Corporation, Johnson Controls And GS Yuasa)

The batteries industry comprises establishments include companies manufacturing storage and primary batteries. A battery is a device consisting of one or more electrochemical cells that produce electric current. Each cell produces electric current from the chemical reaction between the electrolyte and the terminals.

The battery manufacturing market in this report is segmented in to primary battery manufacturing and secondary battery manufacturing.

The global batteries manufacturing market has been growing in the past years with a CAGR of almost 6%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global batteries manufacturing market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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With increasing global warming and consequent rise in government regulations, the demand for clean energy is increasing. Clean energy refers to energy generated from natural sources such as sunlight, wind and others. Renewable energy systems process energy from natural sources into usable forms and store in batteries for use at a later point of time. The batteries used in renewable energy systems include lead acid batteries, lithium-ion batteries and others. Lithium-ion batteries are the most common type of batteries used in electric vehicles. For example, the electric car manufacturers Tesla and Nissan use lithium-ion batteries to power electric motors.

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Companies included in the report are Panasonic Corporation, Johnson Controls and GS Yuasa.

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Experiential Dining In The Global Bars And Cafés Services Market (Companies Included: Starbucks, Whitbread PLC, Lavazza, Buffallo Wild Wings, and Dunkin' Brand)

The bars and cafés industry offers alcoholic and non-alcoholic beverages and limited food services for immediate on-premise consumption. This industry includes bars, taverns, pubs, night clubs and lounges but does not include civic or social association bars, beer, wine and liquor stores and restaurants and nightclubs that do not serve alcoholic beverages.

The global bars and cafés services market has been growing in the past years with a CAGR of almost

6%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global bars and cafés services market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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With fierce competition in the bars and cafés market, the experience that a café or bar delivers to its customers is very important. These places not only offer food and beverages, but also an experience. Many cafes have stories that are around a cuisine, a way of presenting the food or beverages, a theme, or the process implemented. To provide customers an interesting experience, some of the bars use themed menus, specifically-trained waiters and music. For example, Northern Lights Bar, Iceland, is located at a spot to view the famous Northern Lights. Red Sea Bar, Israel is constructed beneath the Red Sea, located 16 feet underwater. The windows of the bar provide views of surrounding coral, fish and other sea creatures.

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Companies included in the report are Starbucks, Whitbread PLC, Lavazza, Buffallo Wild Wings, and Dunkin' Brand.

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Sep 21, 2018

Will The Re-emergence Of Vinyl Record Players In The Global Audio And Video Equipment Manufacturing Market Be A Game Changer? (Companies Included: Samsung, Sony And LG Electronics)

The audio and video equipment manufacturing market comprises establishments producing electronic audio and video equipment for home entertainment, musical instrument amplification, motor vehicles, and public address systems. Audio and video equipment products include televisions, speaker systems, video cassette recorders, stereo equipment, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems.

The global audio and video equipment manufacturing market has been growing in the past years with a CAGR of almost 5%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global audio and video equipment manufacturing market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

Sample report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=224&type=smp

Vinyl record players are witnessing rapid growth due to rising popularity of physical music formats among millennials’ and youngsters. A vinyl is an analog sound storage medium that requires a gramophone or turntable to play music. Also, the deaths of some famous celebrities in the music industry drove vinyl sales as people invested in records as mementos. According to RIAA (Recording Industry Association Of America), sales of vinyl records grew by 32% to $416 million in 2015, thus indicating high demand for vinyl record players.

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Companies included in the report are Samsung, Sony and LG Electronics.

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Will The Re-emergence Of Vinyl Record Players In The Global Audio And Video Equipment Manufacturing Market Be A Game Changer? (Companies Included: Samsung, Sony And LG Electronics)

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