The growth of the organized retail sector is expected to propel the demand for bakery and confectionery items. This in turn will fuel the demand for bakery and confectionery machinery, especially in emerging economies such as India,Vietnam, and China. For instance, the retail channel sales in India grew at a CAGR of 8.8% during 2013-2015, generating a sale of $1,010 billion.Decline in demand for confectionery products in developed regions such as Western Europe is expected to hinder the market growth. The major reason for decline in sales of confectionery products is that these products are often considered as unhealthy because of high fat and sugar content and very low nutritional value.The rise in consumer disposable income and consumption is driving the need for packaged products and this, in turn, is propelling the demand for packaging materials and machinery. For instance, the personal disposable income of India had increased from $1.91 million in 2014 to $2.06 million in 2015. This has boosted the demand for packaged food in India. The packaged food market in India was worth $30.2 billion in 2015, which is expected to reach $48.78 billion by the end of 2017.In this report, Technavio covers the present scenario and growth prospects of the global bakery and confectionery machinery market for 2016-2020. We have only considered the processing and packaging machinery in the report. The market size has been calculated based on the demand for processing and packaging equipment from the bakery and confectionery industries.

Location-enabled mobile devices include smartphones, tablets, and devices fitted in vehicles. The location of such devices is determined by a mechanism known as localization, which considers the user's browsing activities related to navigation, lifestyle, shopping, social networking, public transportation, utilities, and games. Indoor LBS provide information regarding ongoing local events, shopping, and entertainment with the support of mobile devices, and have become a key component of marketing strategies and monitoring systems.

The food and beverage industry is the largest consumer of in-mold labels, dominating the market with a share of 75.1% in 2015. The remnant share was held by the chemical and household industry. In-mold label production reduces manual labor as most of the processes are automated. The labeling process is done in one step, eliminating the need for secondary operations such as the application of labels on containers.

The in-memory database is one of the subcomponents of IMDM, the other subcomponent being in-memory data grid (IMDG). IMDM and in-memory application platform (IMAP) are the components of in-memory computing (IMC), which form the base of this technology. The primary purpose of in-memory processing technology is to enable real-time analyses and allow organizations to store data in RAM rather than in traditional disk storages, which reduces their operational costs. The segmentation of in-memory computing is depicted in the exhibit below.

Labels are made of different types of material, such as cloth, film, paper, and plastic and have different features, such as in-mold and pressure-sensitive adhesives. The glue applied labels hold a substantial percentage in the global label market, but because of the increase in demand for pressure-sensitive and sleeve labels, the glue applied label market will be affected. Glue applied labels have become popular in many retail outlets. With several new products being launched by vendors, packaging companies are being encouraged to adopt technologically advanced glue applied labels, which has resulted in the growth of the market.

Composite materials are made of two or more materials with distinct physical and chemical properties, which when combined form a material that has characteristic properties different from the individual materials. GFRP composites are fiber-reinforced polymers that are made of plastic and reinforced with glass fibers (GFs) in a continuous stranded manner. The plastic used for producing GFRP composites may be a thermoplastic or a thermoset plastic (mostly epoxy, polyester, or vinyl ester).

Silicon has been the preferred choice for computing and electronic devices since its invention almost 50 years ago. However, the constant evolution of technology demands high power and ever greater enhancements in the core semiconductor materials to ensure high performance. GaN has superior properties than silicon such as high breakdown voltage and saturation velocity. The bandgap in GaN is almost thrice the bandgap of silicon. Thus, GaN has the ability to improve power conversion efficiencies, raise power density levels, extend battery lives, and accelerate switching speeds in different end-user segments such as consumer electronics products.

The need to improve power conversion efficiencies, raise power density levels, extend battery lives, and accelerate switching speeds in various end-user segments such as the consumer electronics, telecommunications hardware, EVs, or domestic appliances is increasing at a rapid pace. GaN is one of the process technologies that is expected to make a huge impact in power system design.

The traditional trial and error techniques used in the field of medicine are now being replaced by safe, marker-assisted, accurate, and molecularguided treatments. One such technique is molecular diagnostics. It involves the measurement and analysis of DNA and RNA at the molecular level to signify changes in biochemical pathways. The purpose of performing these tests is to detect the location of a disease and its activity. The factors that are contributing to its importance include the specificity, wide scope of application, and quick turnaround time. The application of this technology in the development and testing of pharmaceuticals has opened up a huge opportunity for molecular diagnostics in the form of CD. Pharmaceutical companies are focusing on R&D in pharmacogenomics to reduce the turnaround time required from the point of discovery of a drug to its approval.

Business enterprises worldwide have become increasingly dependent on various technologies (including Internet technologies) to run their business and drive revenue growth. This trend is expected to intensify further. This means that the role of IT has become vital and directly contributes to an organization’s agenda. Contact centers have experienced an irretrievable evolution over the last decade. The faculty at a contact center is used to manage clients or customers. They also get in touch with customers via email, telephones, web chat, and social media. Consequently, over the past two decades, many business enterprises have established several contact centers to manage customer interactions. It could be an inhouse team or outsourced to a third-party assistance. Such centers offer different services - such as support or help desk, customer service, and sales and marketing contact centers.