Lucintel Forecast: Shale Gas to Challenge Nuclear Energy and Carbon-Intensive Fuels in US in Near Future
The US shale gas hydraulic fracturing industry is expected to witness significant growth over the next five years partially due to government initiatives to substitute natural gas for nuclear energy and carbon-intensive fuels. In the US, the shale gas hydraulic fracturing industry is expected to reach an estimated $15.5 billion in 2018. - July 30, 2014
Lucintel Projects Moderate Growth for Global Aerospace APU Market Through 2020
The global aerospace auxiliary power unit (APU) market is anticipated to reach $3.27 billion by 2020. An APU is crucial for an aircraft as it supplies power on the ground and helps start the engines. The factors shaping the APU market include technological advancements for less emission and low maintenance, advanced materials usage, and development of more fuel-efficient APUs. As aircraft markets become mature, the opportunity for APU market growth will increase in developed economies. - July 27, 2014
Lucintel Identifies Middle Class in China and India as Growth Drivers for Global Skin Care Products Industry Through 2018
Asia Pacific (APAC) has emerged as the fastest-growing region in the global skin care products industry. It is expected to continue that growth momentum over the next five years. The industry is expected to witness good growth with industry revenue reaching an estimated $102.3 billion in 2018. Increased consumption in the huge markets of India and China and in growing economies such as Indonesia and the Philippines are likely to drive growth in the industry. - July 26, 2014
Lucintel Anticipates the Global Motorcycle Industry to Reach $93.67 Billion by 2017
Lucintel observes the evolving of the global motorcycle industry, competitive landscape, and corporate and marketing strategies adopted by the motorcycle companies as some of the factors to have remarkably impacted the global motorcycle industry dynamics. The market witnessed splendid growth during 2006-2011 but is likely to grow with reduced pace to reach an estimated $93.67 billion by 2017. - July 25, 2014
Favorable Trends for the Global Boilers and Steam Generators Market for Utilities 2013-2018: Market to Exceed $36.8 Billion in 2018
Global boilers and steam generators market is expected to reach an estimated $36.8 billion by 2018. Huge power generation capacity addition fostered by growing electricity demand and replacement of old inefficient boilers and steam generators are major drivers for boilers and steam generators... - July 24, 2014
Lucintel Anticipates Global Automotive Tire Industry to Reach $249.9 Billion by 2019
The global automotive tire industry is expected to reach an estimated value of $249.9 billion by 2019. The major drivers of tire industry are high demand for green tires, growth in commercial and passenger vehicles sales, and increasing level of tire radialization. Technological innovations and... - July 24, 2014
Lucintel’s PESTLE Analysis of Russia: Economy to Reach $3.18 Trillion by 2018
Russia is one of the fastest-growing economies in the world. The country’s economy is expected to reach $3.18 trillion by 2018. Russia’s economic performance suffered during the global financial crisis but recovered in 2010 and 2011, due factors such as government stimulus packages and... - July 24, 2014
Lucintel’s Analysis: APAC to Drive Composites Consumption in Global Wind Energy Market
The growing wind energy market has been a key driver for the growth of composite materials market. The demand for wind energy across the globe has transformed wind turbine blades into one of the booming composite materials application. Composite materials consumption in the wind energy market is... - July 23, 2014
Lucintel Forecasts Good Growth Opportunities for Composites Industry Stakeholders in Global Rail Market During 2013-2018
The total global rail market is expected to witness good growth and reach an estimated $278 billion in 2018. Composite materials consumption in the global rail industry experienced high double-digit growth from 2007 to 2012. Greater growth in composites material consumption compared to the growth... - July 20, 2014
Lucintel’s Analysis of the Global Bicycle Industry: Government Initiatives and Growing Fitness Consciousness to Drive Industry Growth During 2013-18
The global bicycle industry is expected to witness moderate growth over the next five years and reach an estimated $64.1 billion by 2018. Growing fitness consciousness among people, rising energy prices, growing congestion due to increasing population and number of cars on roads is expected to... - July 19, 2014
Lucintel “PESTLE Analysis of Qatar 2013”: Economy to Witness High Growth and Reach $275 Billion by 2018
The overly hydrocarbons-reliant economy of Qatar is likely to experience high growth and reach $275.5 billion at the current price by 2018. The Government’s goal to transform Qatar from a carbon-based economy to a knowledge-based one by increasing investments in service sector is expected to... - July 18, 2014
Lucintel Anticipates Global Automotive Coating Market to Reach $18.2 Billion by 2019
The global automotive coating market is expected to reach an estimated $18.2 billion by 2019. Innovative solutions such as ultraviolet curing coating, ultra-hydrophobic nano coating, and water-borne coating system is driving demand for coating used in large vehicle surface, thus widening the scope... - July 17, 2014
Lucintel’s Analysis of Global Bicycle Industry Estimates $64.1 Billion Market for Industry Players in 2018
Increasing concern for environmental issues and government pressure to reduce carbon emissions are expected to drive the bicycle industry in the future. The global revenue for the bicycle market is expected to reach an estimated $64.1 billion by 2018. Lucintel, a leading global management... - July 16, 2014
Lucintel’s Analysis of Global Aluminum Industry: APAC to Record the Highest Growth Over 2012-2017
APAC emerges as the greatest potential market during forecast period. The growing markets of China and India are expected to continue witnessing growth in the aluminum industry. Higher demand from key consuming end user markets, such as construction, automotive, consumer durables, and packaging... - July 12, 2014
Lucintel Projects the Global Airline Industry to Reach $767 Billion by 2018
The global airline industry is expected to reach $767 billion by 2018. The industry is fragmented with top three and top five players. The Companies’ main strategy is focused on expanding their services globally as many of the airlines that are US based have international routes and are... - July 11, 2014
Lucintel Analysis: Oil and Gas to be the Largest Segment in North American FRP Pipe Market
The North American FRP pipe market is projected to reach $607 million by 2018. Oil and gas is the largest segment in terms of value shipment, comprising approximately 30% of the total North American market in 2012 and representing a huge growth potential. FRP pipes continue to increasingly find... - July 10, 2014
Lucintel Anticipates APAC to Remain the Leader in Global Lithium-Ion Battery Market Over 2013-2018
The global lithium-ion battery industry is expected to reach $24.2 billion by 2018. APAC is expected to be the leading region in terms of lithium-ion battery consumption for automotive industry during 2013-2018. High demand of rechargeable lithium-ion batteries, such as USB chargers, solar laptop... - July 09, 2014
Lucintel PESTLE Analysis of Greece: High Economic Risk Due to High Sovereign Debt
Greece’s economy is likely to witness modest growth over the next five years and reach an estimated $280.6 billion at the current price by 2018. The country has high economic risk due to higher amount of external debt taken from IMF and other countries during Euro debt crisis. Lucintel, a... - July 06, 2014
Lucintel Identifies APAC and ROW as Growth Drivers for Global Unsaturated Polyester Resin Market
During the last five years, composite applications in the global unsaturated polyester resin (UPR) market saw good growth, driven by growth in construction, transportation, wind energy, and pipe and tank markets in emerging economies including China and India. The market is expected to witness... - July 05, 2014
Lucintel Anticipates Industrial Sector to be the Leading Sector in Oman’s Economy during 2013-2018
The economy of Oman is projected to reach $95 billion by 2018. The industrial sector is the fastest growing sector holding notable contribution in Oman's GDP. The economy sustained well during global economic recession, when other economies suffered due to its strong economic policies. In recent years, the major focus of the Oman economy is to stretch its dimensions in terms of economic growth and enter the other sectors. - July 04, 2014
Lucintel Estimates Good Growth for Global Flavor and Fragrance Market During 2013-2018
The global flavor and fragrance market is expected to experience good growth and reach $2,060 million by 2018. North America and Europe were the largest regions in terms of consumption of flavor and fragrance, followed by APAC and ROW. Fragrance contributed 52% of market share, whereas flavor... - July 03, 2014
Lucintel’s PESTLE Analysis of Kuwait: Economy to Surpass GDP Growth and Reach $201.3 Billion by 2018
Kuwait’s economy is likely to grow at a much faster rate than the global GDP over the next five years and reach an estimated $201.3 billion at the current price by 2018. - July 02, 2014
Lucintel Anticipates the Global Motorcycle Industry to Reach $93.67 Billion by 2017
Lucintel observes the evolving of the global motorcycle industry, competitive landscape, and corporate and marketing strategies adopted by the motorcycle companies as some of the factors to have remarkably impacted the global motorcycle industry dynamics. The market witnessed splendid growth during... - June 29, 2014
Lucintel Analysis: Service Sector to be Major Contributor to South African GDP
The South African economy is considered an upper middle income economy in Africa. The country is estimated to continue a growth path and reach $500.1 billion by 2018. South Africa has grown more rapidly compared to the other countries on the continent, mainly because of economic diversification. - June 28, 2014
Lucintel Estimates Robust Demand for Composite Materials in Global Wind Energy Market During 2013-2018
Wind energy remains the most promising source of renewable energy globally. The total worldwide composite materials consumption in wind energy industry is expected to witness significant increase and reach $4,138 million by 2018. This market includes various raw materials, such as polyester resin,... - June 27, 2014
Lucintel Anticipates Increasing Demand of Lightweight Materials to Drive the Automotive Plastics Market to $22.2 Billion by 2019
The global automotive plastics industry is expected to reach an estimated value of $22.2 billion by 2019. The major drivers of automotive plastics industry are the increasing demand of lightweight materials, government regulations, and improvements in vehicle design. Asia Pacific is leading the... - June 26, 2014
Lucintel Estimates High FDI Growth in Singapore During 2013-2018
Political stability and sound macroeconomic policy have boosted Singapore's economic development and improved the investment climate. The Singapore economy is expected to reach $342 billion by 2018. This is the result of high growth of FDI inflows. The investments were channelled to manufacturing,... - June 22, 2014
Lucintel Analysis: Oil and Gas to be the Largest Segment in North American FRP Pipe Market
The North American FRP pipe market is projected to reach $607 million by 2018. Oil and gas is the largest segment in terms of value shipment, comprising approximately 30% of the total North American market in 2012 and representing a huge growth potential. FRP pipes continue to increasingly find... - June 21, 2014
Lucintel's Analysis: APAC and ROW to Drive Global Commercial Aerospace Landing Gear in Future
During 2013-2020, Asia Pacific (APAC) and the Rest of the World (ROW) are anticipated to grow faster than North America and Europe in the commercial aerospace landing gear market. Overall market growth is anticipated to be propelled by increasing air traffic, replacement of aircraft in mature... - June 20, 2014
Lucintel’s Analysis of Growth Opportunities in Global Non-Destructive Testing Equipment Market: APACto Record Highest Growth through 2018
The global non-destructive testing (NDT) equipment market registered good growth from 2007 through 2012. The market is forecast to reach $2.052 billion by 2018, continuing its solid over the next five years (2013-2018). Asia Pacific (APAC) dominated the market during 2007-2012 and is expected to... - June 19, 2014
Lucintel Projects Good Growth for India Composites Textiles Market 2013-2018
The Indian composite textiles market is estimated to witness strong growth and reach $127 million by 2018. Despite the high cost of glass and carbon fibers, presence of only two major glass fiber producers in India, import restrictions, and lack of mechanized process, the Indian composite textiles... - June 15, 2014
Lucintel PESTLE Analysis of Greece: Industry and Economy to Recover and Register Growth after 2015
Greece which experienced economic, social, and political turmoil in recent years is likely to overcome the pains of turmoil after 2015 and register growth in all sectors of the economy. Strong domestic demand is key driver of the Greece’s economy. Greece is emerging as a strategic energy hub in Southeast Europe and a desirable location for investment in Wind, Solar, and Bio-energy. - June 14, 2014
Lucintel Forecasts Moderate Growth for the US Skincare Industry During 2013-2018
The US skincare industry is expected to experience moderate growth and reach an estimated $12.2 billion by 2018. The major driver of the skincare industry is the rising concern and demand for natural and organic skincare products. Growing concern for health and safety, consumer awareness about... - June 13, 2014
Lucintel Identifies Middle Class in China and India as Growth Drivers for Global Skin Care Products Industry Through 2018
Asia Pacific (APAC) has emerged as the fastest-growing region in the global skin care products industry. It is expected to continue that growth momentum over the next five years. The industry is expected to witness good growth with industry revenue reaching an estimated $102.3 billion in 2018. - June 12, 2014
Lucintel Forecasts Global Wind Operation and Maintenance Market to Reach $14,014 Million by 2018
The global wind operation and maintenance market is set to expand with stable demand potential in the near future. - June 11, 2014
Lucintel Anticipates Global Coal Industry to Reach $1,037 Billion by 2018
The global coal industry is expected to reach an estimated value of $1,037 billion by 2018. The major drivers of the coal industry are rising economic growth, increasing manufacturing base, and increasing demand for electricity. Availability of coal in abundance and relatively lower cost for coal... - June 08, 2014
Lucintel Anticipates Global Skincare Products Industry to Reach $102.3 Billion by 2018
The global skincare products industry is expected to reach an estimated value of $102.3 billion by 2018. The major drivers of skincare products industry are new product innovations such as a new range of anti-aging, anti-wrinkle, and sun care products which resulted in a consistent demand for newer... - June 07, 2014
Lucintel Anticipates Middle East FRP Pipe Industry to Grow at a CAGR of 3.1% During 2014-2019
Middle East FRP pipe industry is expected to grow at a CAGR of 3.1% during 2014-2019. The major drivers of Middle East FRP pipe industry are growing investment towards urban infrastructure development, establishment and upgrade of airports, capacity expansion in petrochemical plants, and... - June 06, 2014
Lucintel Anticipates Global Commercial Aerospace Landing Gear Market to Reach $5.3 Billion by 2020
The global commercial aerospace landing gear market is expected to reach an estimated value of $5.3 billion by 2020. The major drivers of landing gear market are demand for lightweight and sophisticated landing gear systems, growth in aircraft deliveries, and retrofitting and replacement of systems... - June 01, 2014
Lucintel Anticipates Global Commercial Lightning Strike Protection Market to Grow with a CAGR of 7.3% During Forecast Period (2014-2020)
Global commercial lightning strike protection market is expected to grow with a CAGR of 7.3% during forecast period (2014-2020). The major driver of the commercial lightning strike protection market is increasing use of composites in aircraft. Commercial aircraft such as Boeing’s B787,... - May 31, 2014
Lucintel Anticipates North America FRP Tank Market to Grow at a CAGR of 2.8% during 2014-2019
North America FRP tank market is expected to grow at a CAGR of 2.8% during 2014-2019. The major drivers of North America FRP tank market are growing capital investment programs and expansion of chemical and oil/gas operations in the region, growing housing start, and rehabilitation of old urban... - May 30, 2014
Lucintel Anticipates Adhesives for Global Paperboard and Packaging Industry to Reach $16.9 Billion by 2018
Adhesives for global paperboard and packaging industry is expected to reach an estimated value of $16.9 billion in 2018. The major drivers of the industry are increasing consumer retail industry, improved distribution of food and other packaged items, and penetration of packaging in all industrial... - May 29, 2014
Lucintel Anticipates Global Connector Industry to Reach $65.7 Billion by 2019
The global connector industry is expected to reach an estimated value of $65.7 billion by 2019. The major drivers of connector industry are growing 3C applications (computing, communication, and consumer electronics), miniaturization of electronic devices, and increasing electronic content in... - May 28, 2014
Lucintel Anticipates Global Camping Equipment Market to Reach $5.0 Billion by 2019
The global camping equipment market is expected to reach an estimated $5.0 billion by 2019. The major drivers of camping equipment are increasing recreational expenditure, changing lifestyle, and rising participation in outdoor recreational activities. Aging population and early retirement also... - May 25, 2014
Lucintel Anticipates Global Composite CNG Tanks Market for Automotive Industry to Reach $524 Million by 2019
The global composite CNG tanks market for automotive industry is expected to reach an estimated value of $524 million by 2019 with a double digit growth over the next five years. The major driver of composite CNG tanks market for automotive industry is development and growth of the natural gas... - May 24, 2014
Lucintel Anticipates Global Continuous Fiber Thermoplastics Market to Reach $216.7 Million by 2019
Global continuous fiber thermoplastics (CFT) market is expected to reach an estimated $216.7 million by 2019. CFT materials are used in a variety of markets such as aerospace, transportation, sporting goods, industrial goods, and ballistics which have been the market drivers in the recent years,... - May 23, 2014
Lucintel Anticipates Global Connector Industry to Reach $65.7 Billion by 2019
The global connector industry is expected to reach an estimated value of $65.7 billion by 2019. The major drivers of connector industry are growing 3C applications (computing, communication, and consumer electronics), miniaturization of electronic devices, and increasing electronic content in... - May 22, 2014
Lucintel Anticipates Global Camping Equipment Market to Reach $5.0 Billion by 2019
The global camping equipment market is expected to reach an estimated $5.0 billion by 2019. The major drivers of camping equipment are increasing recreational expenditure, changing lifestyle, and rising participation in outdoor recreational activities. Aging population and early retirement also... - May 21, 2014
Lucintel Anticipates Global Commercial Aerospace Seating Market to Reach $3.5 Billion by 2020
The global commercial aerospace seating market is expected to reach an estimated value of $3.5 billion by 2020. The major drivers of seating market are demand for luxurious and sophisticated seating, growth in aircraft deliveries, and retrofitting of seats in existing aircrafts. In aircraft seat... - May 18, 2014
Lucintel Anticipates Middle East FRP Pipe Industry to Grow at a CAGR of 3.1% During 2014-2019
Middle East FRP pipe industry is expected to grow at a CAGR of 3.1% during 2014-2019. The major drivers of Middle East FRP pipe industry are growing investment towards urban infrastructure development, establishment and upgrade of airports, capacity expansion in petrochemical plants, and establishment of power plants. Increasing demand from replacement of existing metal pipe in oil and gas exploration activities to get rid of corrosion problems also drive the FRP pipe market in the Middle East. - May 17, 2014