North America Dominating Region in Global Luggage Screening System Market

North America Dominating Region in Global Luggage Screening System Market

Growing security concerns across the globe owing to major terrorism activities and threats is expected to generate massive demand in the global luggage screening system market, according to a report by Persistence Market Research.

Key findings in the global luggage screening system market are as follows:

1. Need for security measures in airports, shopping malls, commercial buildings, and railway depots is expected to generate demand in the global market.

2. Government agencies working to curb trafficking and extremist activities is expected to boost demand.

3. Terrorism is a major source of concern across the globe and hence is a major driver.

4. Growing technological advancements is expected to fuel the global market.

5. The global market is expected to rise at a high CAGR through the forecast period.

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Low Maintenance Cost, Staff Support Driving Global VoIP Services Market

Low Maintenance Cost, Staff Support Driving Global VoIP Services Market

The global VoIP services market is anticipated to increase at a fast rate owing to the rise in demand due to low cost and manpower requirements, according to a report from Persistence Market Research.

Key findings in the global VoIP services market are as follows:

1. The global VoIP Services Market is projected to reach a value of US$ 194.5 Bn by the end of 2024.

2. The global VoIP services market valued US$ 85.9 Bn at the end of 2015.

3. The global market is expected to rise at a healthy CAGR of 9.5% for the forecast period of 2016-2024.

4. Low maintenance, minimum support staff, wide internet penetration, and high flexibility are major drivers for the global market.

5. Fluctuating internet quality expected to restrain the global market.

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Top 10 Key Findings in Global Refrigeration Pumps Market

Top 10 Key Findings in Global Refrigeration Pumps Market

Increased adoption of refrigeration pumps in large industries and outlets such as supermarkets is expected to generate demand in the global market, according to a report by Persistence Market Research.

Key findings about the global refrigeration pumps market are as follows:

1. The global retail market is projected to rise steadily which is favorable for the global refrigeration pumps market.

2. Demand for refrigeration pumps is expected to rise at a strong rate owing to the rise in adoption rate of refrigeration pumps.

3. Cooling requirements in industries and supermarkets is generating demand for refrigeration pumps in order to maintain the quality of food for longer periods.

4. Rise in commercial sector is expected to fuel the global market.

5. Changing consumer lifestyles, increased demand for packed and frozen foods is expected to boost demand in the global market.

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6. High cost of maintenance, need for constant monitoring are major restraints in the global market.

7. New opportunities can be created for market players with launch of innovative and efficient solutions.

8. Asia Pacific is projected to be the dominating market region globally.

9. India and China are expected to grow at the fastest rate for the forecast period.

10. Latin America and MEA are expected to showcase favorable growth owing to growing demand from the manufacturing sector in the regions.

For more information on the global refrigeration pumps market, follow the link: http://www.persistencemarketresearch.com/toc/11221

Key players in the global refrigeration pumps market include Haskel, Teikoku USA/Chempump, Viking Pump Inc., Hermetic Pumps, Cornell Pump Company, Kirloskar Brothers Limited (India), and Buffalo Pumps.

Top 10 Key Findings in Global Collision Avoidance System Market

Top 10 Key Findings in Global Collision Avoidance System Market

Rising number of vehicles on road and increased consumer awareness regarding safety is expected to result in a surge in the demand for collision avoidance system in the global market, according to a report by Persistence Market Research.

Key findings about the global collision avoidance system market are as follows:

1. Automotive industry is the largest shareholder in the global market is adoption in automobiles is expected to boost the market.

2. Strict government regulations and insurance premium discounts are major drivers.

3. Governments of various regions have become aware of the importance of the system and hence is being actively adopted in all transportation modes including railways, airways, and seaways.

4. Owing to high cost, the adoption of collision avoidance system is restricted to premium segments.

5. The system only warns while the driver needs to control the vehicle. Negligence in case of the driver can lead to a mishap and hence is a major restraint.

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6. Flourishing automotive sector in Europe is resulting in the region leading the global market.

7. Europe has stringent regulations and safety norms which has resulted in vehicles have multi-layered safety system including that of tire pressure monitors.

8. Rising construction of railways and mining sector is fueling the North America market region.

9. Asia Pacific has the largest potential owing to the rise in demand for automobiles in India and China.

10. Japan and Latin America are new entrants to the market, while MEA is expected to grow at a lethargic pace for the forecast period.

For more information on the global collision avoidance system market, follow the link:

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Major players in the global collision avoidance system market are Delphi Automotive LLP, Becker Mining Systems AG, Robert Bosch GmbH, Autoliv Inc., Denso Corporation, Wabtec Corporation, General Electric, Saab AB, Siemens AG, Rockwell Collins, Honeywell International Inc., and Alstom.

Indian Industry Strives to Shake Off ‘Offshore Center’ Tag as it Asserts Greater Power in U.S. Economy

The Indian government may be pushing for a manufacturing surge in India, but Indian companies are busy generating employment in the States. A recent report has revealed that Indian companies generate more than 91,000 jobs in the U.S., with total investment from Indian companies reaching US$15 billion. The new report, released by the Confederation of Indian Industry and Grant Thornton, has been hailed by all parties concerned as confirmation of the positive results of the growing economic collaboration between India and the U.S.

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