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Geotextile Market driven by the increasing need to control soil erosion coupled with the rise in the number of constructions in the APAC region

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Geotextiles are the ideally chosen textile products which are gaining demand in the civil or environmental engineering projects. Initially, they were proposed to be used as a substitute for the soil filters. Now, these fabrics are utilized to reinforce and protect the soil worldwide. Consequently, rise in public investments mainly in infrastructures and in mining and waste management industries is driving the demand of geotextiles everywhere. The benefits of geosynthetics above traditional materials are gaining traction from designers and enticing greater use of geotextiles. Geotextiles play a vital role particularly in filtration of seepage through and under the bank of dams, which is the reason behind its wide range of applications in dam construction. Additionally, its ability in separating the natural materials to avoid the contamination in the neighboring zones of the embankment is boosting the market growth. 
The global geotextile market is valued at $6.3 billion and is projected to grow at a CAGR of 9.6% during the forecast period 2019-2025.
Foregoing demand for constructions proliferated the need for various geosynthetic raw materials such as geotextiles. Especially woven geotextiles have become a principal choice to be used in the construction of roads. Owing to its load capacity and high tensile strength. And also, a mixture of these geotextiles with soil improves road stability. These textiles are popularly known for reinforcement and separation functions. Woven fabric mechanics together with soil mechanics provide an effective solution to resolve innumerable problems associated with the construction and design of roads. However, this requires a clear thought matching between textile professionals and civil engineers. Thus, the widespread use of geotextiles in civil engineering products is contributing to the geotextiles market growth. Application of geotextile in the road industry is growing at a faster rate that is with a CAGR of 7.2% throughout the above-mentioned forecast period. In addition to this, the rising demand is depicted in numerous constructions which include railway works, agriculture, and drainage.  
Erosion Control:
Basically, soil erosion control has been noticed as a primary growth factor of the global geosynthetics market. On the other hand, the increasing usage of geotextiles-geosynthetic raw material to improve the quality and strength of the soil by preventing soil erosion is boosting the growth of the global geotextiles market. Non-woven textiles are highly preferred for soil erosion control. Because they are good at fulfilling the needs especially in case of drainage, filtration and separation functions. Furthermore, natural geotextiles are apt for erosion control projects, mainly when they are needed to bio-degrade in a short span of time. Generally used natural fibers in geotextiles are listed as ramie and jute. During dam construction, geotextiles are highly accepted because they act as armor systems, which are helpful in order to reduce the erosion associated with the dams and sediment transport. Normally, geotextiles are made up of either synthetic or natural fibers which are associated with soil thin pieces. These textiles not only improve the stability of soil but also effectively decreases the wind & water erosion. Moreover, they help in preventing the soil erosion draining off the rainwater and thereby, improving the soil characteristics such as friction and support of loads in the respective plane. Geotextiles safeguard river banks from being prone to soil erosion owing to currents. When these are used in combination with either natural or artificial encroachments, they act as efficient filters. Physical, mechanical, hydraulic, degradation and endurance characteristics of the geotextiles are helpful in avoiding soil erosion and promotes the growth of plant roots by allowing the rainwater into the soil.
Philippines construction statistics from approved building permits. Increase in the total number of constructions has represented 16.7 percent growth from 2017 to 2018. In September 2017, 36, 076 constructions got recorded and it has reached to 42,111 constructions by September 2018. In China, a growing number of infrastructure large-scale projects are impacting the growth of geotextiles. A large area of land availability is creating significant opportunities for geotextiles to fulfill the need for erosion control in this country. Furthermore, robust demand for the infrastructure sector in India is representing the requirement of $777.7 billion investment in this sector by 2022. Government of India is projected to invest mostly in renewable energy, urban transport, and highways as a part of the infrastructure sector. It is interested in providing initiatives to boost the infrastructure sector. In the union budget of 2019-20, it has announced that amount of $11.5 billion is allocated for road transport and highway constructions. Hence, the APAC region is considered as the leading region with its domineering regional share of 47% among other regions in the global geotextile market, as of 2018.
Major Players in Geotextile Market Include:
Some of the prominent players which are involved in the global geotextile market are listed as Koninklijke TenCate (Netherlands), Low & Bonar (UK), Fibertex Nonwovens (Denmark), Thrace Group (Greece), Huesker (Germany), Berry Global (US), DuPont (US), Strata Systems (US), Leggett & Platt (US), Officine Maccaferri (Italy), GSE Environmental (US), Kaytech (South Africa), Mattex (Saudi Arabia), NAUE (Germany), Propex Operating Company (US), Carthage Mills (US), and Asahi Kasei Advance Corporation (Japan). These companies have been continuously concentrating on acquisitions, and plant expansion strategies to strengthen their product portfolio and their stable existence in respective geographies.   
Latest Innovations in the Geotextile Market:
·In 2018, Danish industrial conglomerate Schouw & Co. acquired Brazilian nonwovens manufacturer Fibertex Nonwovens A/S for an amount of DKK 100 million. Burgeoning sales of nonwoven textiles by the South American customers has become the strongest reason for the expansion of the production capacity of Fibertex nonwoven textile plant by 20% in Brazil. Additionally, it is also intended to fulfill the increasing demand from the automotive, furniture, filtration and construction industries, particularly for special-purpose products such as seats and parcel trays, headliners, and exterior applications which are used in wheel housings, motor insulation parts. In 2017, Fibertex Nonwovens is contributing DKK 1.4 billion out of Schouw & Co., revenue DKK 17 billion. It is targeted to reach DKK 1.9 billion by 2020. Thus, rising usage of nonwoven textiles is influencing the growth for geotextiles market.
· Geotrst Environmental Science Technology (Shanghai) Co., Ltd. has introduced a TRST PPWR-Series Woven PP/PET geotextile for Hydraulic Environment. It is used in fascine mattress as offers protection to riverbeds and riverbanks against erosion by the floating water. This woven geotextile is specifically designed with grid intervals and the fabrication of mattresses afford easy installation even in the marine and hydraulic environment.   
· Khator Technical Textiles Ltd. (KKTL) is supporting Indian and worldwide Geosynthetics demand through its focused vision.  It deals with both the production and marketing of Nonwoven PP &PET geotextile and TAPE X TAPE Geotextiles. This company has a geographically diversified customer base among nearly 15 countries. Hence, the supply of approved geotextiles in these countries is increasing the growth of global geotextiles market.   
· HUESKER & MKB Company’s combination has launched a new product namely SILTRON silt fencing geotextile in October 2018. Both the companies collectively have developed new perimeter fencing geotextile. This novel design of geotextile is ensuring the utmost level of environmental protection at a construction site. It comprises of three-layer composite, which is strong and capable enough to resist punctures and tears without wire backing while trapping viscous pollutants. 
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Related Reports:
A. Geosynthetics Market

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Microdisplays Market Driven by the Increasing Adoption of Emerging Augmented Reality and Virtual Reality Applications

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The modern era is encouraging the ubiquity of small screens with great potential. It is depicted by the acceptance of devices such as smartwatches, which have taken the benefit of the high resolution and low power consumption of microdisplays. Furthermore, a wide range of displays including head-mounted displays, oled microdisplay, dlp projectors, electronic viewfinders, and head-up displays are gaining prominence. As of now, LCD displays are mostly getting replaced by the OLED microdisplays across numerous verticals such as TV and mobile phones. These OLED displays are inclusive of thin films which are made up of organic light emitting materials. OLED has been evolving as a next-generation display technology with a simpler structure compared to LCDs. Additionally, it is more advantageous because it provides a larger color gamut, wide viewing angles, better contrast, faster refresh rate, lower power consumption and also a wide operating temperature range. Microdisplays are primarily used in multifarious applications such as an EVF (Electronic View Finders) designed for digital cameras and Helmet Mounted Display systems (HMDs) and as an image source used for Rear Projection TVs (RPTVs), projectors. In addition to this, increasing adoption of Virtual Reality (VR) systems, near-eye displays, Augmented Reality (AR) and smart glasses, Head-Up Display (HUD) systems and their need for high-resolution microdisplays is fuelling the microdisplays market demand. Hence, as of 2018, the global microdisplays market size has reached $1 billion and is estimated to grow at a CAGR of 18.7% over the forecast period 2019-2025.
Currently, eMagin Corporation and Sony Semiconductor Solutions Corporation are the two leading OLED microdisplay producers. Firstly, Sony Company produces a wide variety of microdisplays for the consumer electronics market. These displays are largely accepted as camera EVFs. For Instance, XGA OLED EVF is used in Sony’s Alpha a7S Mirrorless Digital Camera. On the other hand, eMagin Company mainly operates into defense, industry and medical markets. Recently, it has stepped into the consumer market and is targeting to deliver the superior user experience for VR and AR headsets. Presently, the demand for wearable products is high, which is automatically increasing the growth of microdisplays market. These displays can generate large image effectively using a very small, and lightweight source display unit. Moreover, they are manufactured in a way that they can easily get integrated into the space-constrained technology, namely wearables.
The popularity of VR glasses is increasing day-by-day not only because of the gadget enthusiasts who are always passionate about these glasses but also because of the possibility of virtual tours through museums along with potential automotive purchasers, who can see the interior of their new car with several color and fabric choices using these glasses. Superior image quality, slim design, lightweight, and beneficial form factor of OLED displays to LCD displays have attributed to the increase in the integration of OLED displays in the smartphone market in the recent past. Thus, these microdisplays market attributed to thriving automotive industry as they afford better display performance and greater design flexibility, which is useful in gaining traction of more number of consumers. The commercialization of these flexible OLED displays has been assisting the manufacturers to form a revolution in cars through various innovative designs which is in initially incorporated into the dashboard and the center console. These displays are used in many new applications as they are thin, shatterproof, light, and conformable to any surface. For instance, In May 2019, Himax introduced a Flexible OLED Driver and Timing Controller for BOE’s cutting-edge automotive display solution. This collaboration of Himax with BOE on flexible OLED automotive displays signifies a clear conviction of Himax technology leadership along with it creates new growth opportunity. Therefore, the application of microdisplays is growing at a faster rate that is with a CAGR of 20.54% in the automotive end-use industry throughout the above-mentioned forecast period.
North America has been identified as the dominating region, holding the largest regional share that is about 35.8% in the global microdisplays market as of 2018. It is due to the existence of established players in the U.S. such as Kopin Corporation and also owing to the increasing number of joint ventures and product launches of major players operating out of the region.
Major Players in Microdisplays Market Include:
Kopin Corporation; Himax Technologies, Inc.; eMagin Corporation; WiseChip Semiconductor Inc.; Microtips Technology, LLC; Universal Display Corporation; Sony Semiconductor Solutions Corporation; Micron Technology Inc.; LG Display Co. Ltd.; Seiko Epson Corporation; Yunnan Olightek Opto-Electronic Technology Co., Ltd.; Jasper Display Corporation, AU Optronics Corporation, and Microvision Inc are the foremost companies which are operating in the global microdisplays market. These companies have been constantly concentrating on product launches, and acquisition strategies to strengthen their product portfolio and their stable existence in respective geographies.
Notable Innovations in Microdisplays Market:  
· In September 2018, Fraunhofer involved in the development of microdisplays for headache- and motion-sickness-free VR glasses. It deals with the design approach to reach high frame rates coupled with the extended parallel interface of the OLED microdisplays as well.
· In April 2019, Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP, unveiled a microdisplay using OLED-on-silicon technology named as 0.64" 720p OLED Microdisplay. In May 2019, the company announced that this new OLED microdisplay is specifically limited to industrial Augmented Reality (AR) data glasses. Features of this display are driving the uptake of electronics because it is easy to integrate into portable systems, besides being accessible as an evaluation kit. Scientists of this institute are well engaged with more number of similar projects and are expected to cause further disruptions in the microdisplays market with innovation.
·In 2017, Lenovo Capital and Incubator Group (LCIG), and Kopin Corporation signed an agreement of joint venture. Kopin has provided a small capital investment along with industrial design solutions. Key components of Kopin, which include microdisplays, software, optics, and the Whisper Voice Chip, are helpful to stimulate the Lenovo new vision. Through this agreement, these companies targeted to speed up the commercialization of AR products and to stand as successful leaders in the fast-growing China and global AR markets.    
· In March 2017, Kopin, a US-based microdisplay manufacturer signed an agreement of joint venture for an amount of $170 million. It is aimed to produce OLED microdisplays for both the AR and VR market consumers. This agreement happened between BOE Technology-OLED maker and OLIGHTEK-OLED microdisplay maker. With this business strategy, BOE technology has run its first production samples in August 2018.  
·In 2019, Fraunhofer's FEP’s low power OLED microdisplays are used in LetinAR new pinhole effect PinMR AR technology. The Fraunhofer's FEP work together with Korean-based LetinAR for the development of an ultra-low-power OLED microdisplay-based optic lens, especially for AR applications. They are envisioned to display this new AR eyewear technology at Mobile World Congress (MWC) 2019 in Spain. This technology involves the usage of Pinhole Effect through tiny mirrors and surrounded by eyeglass lenses. It is mainly proposed to disclose that truly-wearable augmented-reality that is closer to reality by conjoining highly efficient see-through optics and ultra-low power OLED microdisplay technologies.
·In 2017, Seeya Information Technology a China-based OLED microdisplay maker announced its plan to construct a new production line in China. It is having a production capacity to produce 20 million displays on a yearly basis. Generally, this new line expansion needs an investment of nearly $300 million. Furthermore, OLED materials evaluation agreement has been signed between Universal Display Corporation (UDC) and Seeya Company. In which, UDC has been agreed to supply its phosphorescent OLED materials for Seeya’s display applications.
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Related Reports:
A. Micro-led Market
B. Wearable Display Market
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Rising Demand for Power Management in emerging countries of APAC is Flourishing the Growth of the Global Inductors Market

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The rise in demand for power is increasing the mandate for power management and it is reflecting in the increment in the demand for inductors including air core inductor, iron core inductor, and ferrite core inductor that induce electromotive force when current flows through them. Designs of new power strategies, to increase the productivity of power generation can be a resolution to the power management. In addition to this, companies’ exploration of intelligent devices and innovative solutions are helpful in improving power management and efficiency to the next level. The inductor is popularly known passive electronic component because it acts as an essentially passive device in the electrical circuits. Usually, they are used in combination with capacitors as energy storing elements in the resonator circuits. Multilayer inductors are highly adapted to both filtering and miniaturized power conversion applications. Thick film inductors are high precision inductors compared to multilayer inductors and lesser precision than thin film inductors. These inductors are extensively used in combination with resistors and capacitors to form filters for signal processing and analog circuits in most electronic devices.  Inductors are also extensively used to sense the magnetic field from a distance. Thus, inductive sensors are broadly used almost at every node with a traffic light, which is helpful in detecting the amount of traffic and also to adjust the signal accordingly. The transformer is formed by joining inductors, it consist of a shared magnetic path. This transformer acts as a central component of national electronic grids along with its presence in many power supplies to alter the voltage levels. These sensors work extremely well for cars and trucks.  Inductors are majorly used to block AC while allowing DC to pass, they are well-known as chokes. These inductors are also used in combination with capacitors to create tuned circuits, which is useful to tune radio and TV receivers. Moreover, the inductors market valued at $3.5 billion in 2018 and is projected to grow at a CAGR of 6.2% over the forecast period 2019-2025.    
At present, LED is playing a crucial role in today’s automotive designs. Increasing adoption of LEDs is reflecting everywhere. Starting from lighting in cars and trucks to every light source in the vehicles even in headlights. LED driver circuit comprises of a dc-dc converter that acts as an energy storing element and has become a vital component in automotive designs. Therefore, inductors are identified as the fastest growing elements in the automotive end-use industry with a CAGR of 5.3% throughout the above-mentioned forecast period. Widespread of LEDs in automotive vehicles is due to its high efficiency, small size and weight and also higher brightness levels. Additionally, LEDs support reduced power consumption from the battery in both electric and hybrid vehicles. Switch mode converters are mostly preferred to use for LED, especially in the automotive applications. These converters demand inductor as an energy storage element.  Eaton’s DRAQ inductor product line gaining traction of automotive electronics engineers. Owing to its design flexibility for DC/DC converters, SEPIC, buck and boost converters. Furthermore, this DRAQ inductor has become the best choice for a diverse range of automotive applications everywhere in the vehicle, which include the engine compartment, interior lighting and LED lights. These inductors are mainly used in desktop and servers, DVD and media players, portable and handheld devices, LCD panels and also as a transformer in SEPIC, flyback.  
APAC region held a domineering share of 33.4% in the global inductors market among other regions, as of 2018. It is due to the 5% rise in the annual growth of inductors (excluding inductors for discharge lamps) import value from 2017-2018. In 2018, China has been recognized as the largest importer of inductors worldwide, it has occupied a share of 21.5% in worldwide imports. India has experienced a progressive annual growth of 54% in inductors import value all over the world, over a span of a year that is from 2017 to 2018Energy consumption in India is estimated to grow at 4.2 percent yearly for the next two decades and also aimed to overtake China - the world’s largest energy growth market by 2030. To meet the rising demand, the Government of India announced a number of energy initiatives which are intended at developing power generation capacity. Presently, India has installed a power generation capacity of 344 gigawatts (GW), it is making it the fifth largest producer in the world. Hence, these factors are indirectly impacting the growth of inductors market in the APAC region.
Inductors Market Growth Drivers:
· Power Distribution: The transmission and distribution (T&D) of power is controlled by the government particularly in India. Currently, the Indian power sector is facing one of the largest challenge namely transmission and distribution losses. Which are specifically 26.35% at the distribution level and 8% at the transmission level of this nation. The Power Grid Corporation of India, it is a developer, operator, and owner of the national interstate power-grid. It represented that approximately $18 billion is going to be spent on the up gradation and extension of the Indian power grid to integrate it with smart technology in the next five yearsIndia is stepping towards modernizing the grid system to bring stability and reliability of electrical power, and the demand is steady for both traditional T&D equipment, as well as "smart grid" innovations.
·Automotive Electronics: Car grade inductors are extensively used in the vehicles, as they are prominent in supplying noteworthy AC and DC resistance and also in improving the specific working with the accessories. Automotive level inductors are generally used as current inducing devices. These inductors offer filtered current for the vehicle’s components, such as information gadgets, entertainment gadgets, and directed lights. Increase in use of components in vehicles to enhance the efficiency with the operations is projected to drive the growth of the automotive level inductor. Likewise, governmental regulations allied to automotive electronic digital parts, for example, AEC-Q200 are frequently estimated to create a significant number of opportunities for automakers.
The Major Players in this Market Include:
TDK Corporation, Murata Manufacturing Co., Ltd., Vishay Electronics, Taiyo Yuden Co., Ltd., and Chilisin Electronics Corporation are the most prominent players operating in the global inductors market. These companies have been constantly focused on product launches, and acquisitions strategies to strengthen their product portfolio and their stable existence in respective geographies.
Key Players Market Strategies:
  • On December 2018, Hitachi, a Japanese multinational conglomerate has acquired ABB’s power grids business. This acquisition is targeted to combine ABB’s advanced digital grid solutions with Hitachi digital technology and to provide an innovative energy solution on a global basis.
  • TDK Corporation introduced a new line of power inductors in the second quarter of 2019. It resembles the advanced version of the conventional products namely a miniaturized thin-film power inductor to handle even higher currents than before. The main application of these power inductors is noted as particularly the power conversion circuits of smartphones and tablets. This company has started the mass production of the new TFM201208ALD thin-film power inductor from May 2019. It will continue to increase its lineup of thin-film power inductors with miniaturized IEC 1608 types, together with automotive grade types.
  • In 2018, Eaton Corporation has introduced two new high-power density inductors. They are designed to meet the progressive demand for power handling requirements in automotive and commercial electronics. This power management company has launched MPI25V2 and MPIA25V2, the next generation of miniature power inductors. They are designed using advanced molded construction to handle high currents, with better thermal dissipation characteristics and superior mechanical strength.  The MPI25V2 is supreme for commercial applications which include servers and data centers, wearables, mobile and handheld devices, notebooks, game consoles, graphics, IoT, industrial connectivity and memory. The MPIA25V2 provides the automotive grade performance which is most suitable for LED lighting, Advanced Drivers Assistant Systems, vehicle infotainment, predictive safety systems, USB chargers, engine control units, and vehicle connectivity.

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Europe Chip Inductor Market 
 
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Environmental Remediation Market Size Projected to Increase at a CAGR of 7.5% through 2025

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As the fossil fuel resources are diminishing, the emphasis on alternative sources of energy is escalating leading to radical use of nuclear energy without adhering to proper regulations. A number of countries indulged into illicit nuclear activities, only to later realize the severe consequences. Now, when environmental concerns have engulfed nearly all developed and developing economies, the environmental remediation market is thriving. This marketplace offers processes to remove contaminants from varied environmental media such as groundwater, air, soil, surface water, and sediments. As every country has a different ecological establishment and every industrial site has its own characteristics, it is imperative to use the best possible environmental remediation solution to achieve the best of balancing risks, costs, and public acceptance. Some of the key technologies provided by the environmental restoration market companies are excavation or dredging, thermal desorption, surfactant enhanced aquifer remediation (SEAR), pump and treat, in situ oxidation, nanoremediation, and soil vapor extraction. By the end of 2018, the global environmental remediation market size had swelled up to $91.26 billion, and the prospects are projected to prosper at a CAGR of 7.5% during the forecast period of 2019 to 2025.
Currently, there are 1,067 active technical nuclear cooperation projects underway besides 99 active coordinated nuclear research projects that are approved by the International Atomic Energy Agency (IAEA). After numerous initial projects that went unregulated, IAEA now assists its member countries to use nuclear science and pertaining technologies in a sustainable manner, putting environmental repercussion as paramount. To achieve this, the agency aids its member countries in the development and maintenance of adequate infrastructure to use nuclear power for energy production, water desalination, hydrogen production, and district heating. The efforts by IAEA is foreseen as the primary driver of the environmental remediation market.
Protecting the surrounding from nuclear waste is not the only area of application for the players operating in the market for environmental remediation. The players also cater to a multitude of end-users including agriculture, mining and forestry, oil and gas, automotive, construction and land development, and landfills & waste disposal sites. Among these, the oil and gas end-use segment is evaluated as the most lucrative one, and it is poised to expand at a CAGR of 7% through to 2025. An investigation by the U.S. Geological Survey (USGS) has shown that inadvertent environmental impacts associated with petroleum products include natural saline-water that is discharged from the subsurface when petroleum is extracted leads to spills on the ground. This spillage causes destruction of soil texture, salinization of surface water, and stress or death of vegetation. Thus, there exists a necessity for effective environmental remediation to prevent all the above-mentioned hazards in the surroundings, especially in the oil and gas application. Presently, natural bioremediation is trending in the oil and gas application segment of the environmental remediation market, whereas conventional cleanup procedures continue to generate substantial demand. Bioremediation relates to the usage of living microorganisms such as bacteria and fungi, which degrade the environmental contaminants into less toxic forms.
Environmental Remediation Market Growth Drivers:
·Nanoscale Materials: Usually, nano-scale materials are mostly useful across numerous fields of science and technology. Now, nano-scale materials are prevalently used for environmental site remediation. Generally, environmental remediation depends upon the usage of a diverse range of technologies namely chemical reactions, adsorption, absorption, and photo-catalysis and filtration for the elimination of contaminants from environmental media such as soil, water, and air. Nanotechnology-based materials are highly preferred to amend contaminated soil and groundwater at harmful waste sites, which are mainly contaminated by chlorinated solvents. Additionally, the properties such as the large surface area to volume ratio, and high reactivity of nano-scale materials are increasing the contact with contaminants; on the other hand, the results are depicting the rapid growth in the reduction of contaminant concentration. Environmental remediation uses inorganic, carbon-based, and polymeric-based nanomaterials. These materials are utilized for the remediation of a gamut of environmental contaminants including chlorinated organic compounds, heavy metals, dyes, heavy metals, organophosphorus compounds, volatile organic compounds, and halogenated herbicides.
·Emerging Contaminants: Increase in the emergence of contaminants coupled with the rising regulatory focus are the growth-promoting factors of the global environmental remediation market. In addition to this, augmented reality visualization is also driving the growth of the environmental remediation landscape. Currently, Per- and polyfluoroalkyl substances (PFAS) are evolving contaminants raising concerns at every level, starting from local municipality water supplier to the international forums. 1, 4 Dioxane is the most mobile organic contaminant in the saturated zone, which has become more challenging to treat this mobile and biodegrade and mixed chlorinated solvents in both the soil and groundwater. This has led to the use of solidification reagents for stabilization which prevent lead leaching, and supports a complete application of improved In-Situ Bioremediation (EISB) for groundwater remediation.  
·APAC Dominance: Advanced, sustainable, and cost-effective technologies and solutions are being implemented by the Global Centre for Environmental Remediation (GCER) in order to defense people's economic, social, and physical health and welfare. These solutions decrease the influence of contaminants on the milieu. These compelling developments are boosting the growth of environmental remediation. In Australia, maintenance of a healthy environment is playing a key role as a part of environmental safety and sustainable prosperity act. As this is prone to risk associated with widespread contamination of air, soil and water make happen over the past century. Thus, this nation expends above $1.34 billion yearly for cleaning up the contaminated land and water as well. GCER act as a promoter of risk-based approaches to clean-up the contaminated sites. Therefore, Australia has adopted this effective and affordable approach to eliminate the contamination and to support clean-up in this nation. The above mentioned risk-based remediation needs the advanced bioavailability measurement tools, geo-hydrological prediction models, toxicity assessment models, remediation technologies, bioavailability-based health hazard assessment models, policies to cope up polluted sites, and methods for safer management of the environs. Hence, the APAC region has accounted for a share of 34% among other regions in the global environmental remediation market, as of 2018.  
Major Players in Environmental Remediation Market Include:
The major players which are involved in the environmental remediation market are noted as follows Clean Harbors, Inc., Deme Group, Golder Associates Corp., Entact LLC, Brisea Group, Inc., Weber Ambiental, GEO Inc., and Environmental Remediation Resources Pty Ltd. These companies have been constantly concentrating on expansion, and acquisition strategies to strengthen their service portfolio and their stable existence in respective geographies.  
For instance, McLarens, an independent insurance service provider has signed an agreement to acquire American Environmental Group, LLC (AEG) as a wholly owned subsidiary of McLarens in March 2019. AEG provides both the services – risk management and loss adjusting services. Through this acquisition, some facts and factors got emphasized by both the companies. They are listed as one of the major players sufficing the need for effective third-party environmental valuation and solutions. They have expertise in testing and defining environmental risk dynamics and inspecting for complete resolution of essential remediation. These solutions can be difficult and pricey as they require a thorough assessment and remediation plan not only to eradicate property damage but also to safeguard against impending health risks of residents.
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Related Reports:
A. Environmental Testing Market
B.  Environmental Health And Safety Market
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Burgeoning Competition Amongst the Companies is Increasing Technological Advancement Impacting the Growth of the Voice Recognition Market

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The rising applications in the automobile, food and beverages, entertainment, and banking sectors are influencing an increase in the demand for voice-enabled devices, voice-activated systems, and voice-enabled virtual assistant systems in this era. Furthermore, surging needs to enhance security and fraudulent activities in the banking sector is fueling up the adoption of voice biometrics for the users. The increasing demand for intelligent virtual assistant (IVA) smart speakers embedded voice capabilities is the major driver for the voice recognition market. The IVA smart speakers such as Google Home, Amazon Eco, and Apple HomePod have witnessed huge growth globally. In addition to this, personal and service robotics market is also observing the voice recognition advancement such as cleaning robots, robot companion, and robotic pets. 
As of 2018, due to such technological developments and innovation the global voice recognition market revenue evaluated at $9.2 billion. Moreover, the growing demand for the same is creating new opportunities for the market at a highly profitable CAGR of 20.28% during the forecast period 2019-2025.
Growing Demand for Voice Recognition in North America
North America is leading the global voice recognition market with a regional share of 29.6% in 2018. North America is extremely adaptive to the latest technological advancement, such as the Internet of things and the integration of artificial intelligence (AI). The large-scale deployment of neural networks and the high adoption rate of AI software across various end-use verticals are the major growth factors that are driving the growth of the speech recognition market. Additionally, North America’s total non-cash transactions is expected to reach $211.7 billion by the end of 2021. One such example is Capital One Alexa, which allows the existing users of the bank to pay their credit card bills, check balance, transfer money, and analyze spending in different categories.
Consumer Electronics: A Key Voice Recognition Market Segment
The consumer electronics is the fastest growing segment of the voice recognition market with a notable CAGR of 26% during the forecast period. Moreover, due to the rise in the demand for advanced technology and convenience features, the consumer electronics is adopting the voice recognition technology. The increasing consumption of consumer electronics such as smartphones, tablets, smart TVs, and smartwatches are driving the growth of the voice recognition market.
Innovations Increasing Competition in the Voice Recognition Market
·Google Taking Voice Recognition to Next Level
The voice recognition market has gained gigantic popularity among consumers because of the ability to streamline and automate mundane tasks. Voice recognition systems have proved to be far from perfect for the people dependent on voice commands and with impaired speech. Euphonia, a new project by Google LLC, is an initiative to make speech recognition more accessible for those with disabilities such as Parkinson’s, ALS, stroke, traumatic brain injury and multiple sclerosis. The company has partnered with non-profit organizations ALS Residence Initiatives and ALS Therapy Development Institute to collect the recorded voice samples from the individuals suffering from neurodegenerative diseases that transforms into severe mobility and speech difficulties. By collecting the data from the people, Google will work on the algorithms that will in due course of the time integrate the updates into Google Assistant. Furthermore, the voice recognition market is also expecting technological advancement of new interactive AI systems that recognizes body gestures and facial expressions. Another innovation that Google is currently planning to implement in Euphonia in the coming year is to make it easier for the people with severe disabilities who cannot speak at all to use the technology such as smart home lights and speakers. Google revealed a prototype app known as Live Relay that uses text-to-speech and on-device speech recognition that would help any disabled person to have a phone conversation. Such innovations by the major company like Google LLC. will structure the demand for voice recognition in the global consumer electronics market.
· iFlytek Input Used in China for Converting the Language
An application, known as iFlytek Translator by iFlytek, an information technology company, deployed in China to convert the national spoken language, Mandarin into 22 different dialects in the form of text messages such as Korean, Japanese, and English. iFlytek is the country’s most popular voice input method. Initially, the app faced certain challenges such as wrong words and homonyms, however, the use of natural language interaction solved these problems. The company successfully managed to reach 99% of voice accuracy from 60% in the last three years. The application provides a voice input, keyboard, and handwriting for different types of users. Owing to these, technological advancement in the translator the voice recognition market is experiencing swift growth in the country.   
· Microsoft Cortana: A Voice Assistant
Cortana is a new personal assistant created by Microsoft for its various products. Cortana is a free digital assistant that sends reminders, take care of tasks, keep notes and lists and also helps in managing the calendar. This application provides notifications based on the meeting scheduled, location, and attach photos to a reminder. Cortana is similar to the other smartphones as it finds quick answers for every query being searched and provides related details. The app can be combined with windows speech recognition that enables many scenarios that can be completed hands-free.
·  Amazon Alexa: A Smart Speaker
An innovative technology introduced by Amazon is Alexa. Amazon partnered with Intel to introduce its first voice recognition technology. The biggest technological innovation in the market is the voice service with 30,000 skills. In order to increase the utility of Alexa and consequent consumer benefits, Amazon has started providing an Alexa skills platform for its third-party developers. This is the most natural form of communication for humanity with a wide range of applications. Furthermore, this growing demand for Alexa has been incrementally beneficial for the voice recognition market.
Competitive Landscape
The prominent players dominating the global voice recognition market are Biotrust ID B.V, Lumenvox, LLC, Nuance Communications Inc., Advanced Voice Recognition Systems, Inc., Microsoft, Alphabet, Agnitio SL, Apple, IBM, and Baidu. These companies have been continuously focusing on R&D investments, partnerships, JVs, and acquisitions to strengthen their portfolio of products. For instance:
· In May 2018, iFlytek Input and Huawei Technologies Co. Ltd., a Chinese multinational technology company, signed a strategic agreement with an objective to develop ICT infrastructure, public cloud services, office IT systems, and smart devices. Huawei is also planning to integrate iFlytek’s AI technology into its smartphones in order to increase compaction for its competitors. The partnership is strategizing to work on devices cloud services and smart devices based on iFlytek’s voice AI technologies and capabilities, such as speech synthesis, voice recognition, iFlytek translation, and iFlyrec.  
· In March 2018, LumenVox LLC merged with VoiceTrust GmbH, a software company, to establish a new company that will only focus on speech-driven biometric authentication solution. This new establishment will be owned by a venture capital firm based in the Netherlands, Ramphastos Investments, This company will provide financial resources to drive forward the innovations, quality of service, and service-expansion in the market.
· Nuance Communications, a leader in conversational AI innovation, signed a distribution partnership with Redington Limited in February 2019. Redington Ltd will supply Nuance’s flagship speech recognition and Dragon professional software to domestic resellers in India. This will help Nuance grow its end-user customer base and support its partner-centric distribution strategy.
· Walmart Inc., an American multinational retail corporation collaborates with Google LLC., to offer voice-activated grocery shopping in 2019. Now the Walmart customers will be able to easily order groceries through Google’s smart home-assistant. This has increased the competition between Walmart and Amazon which offers online grocery shopping through Alexa voice assistant. Additionally, Walmart might hint this collaboration with other partners in the future.      
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