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Infographic: The Gift Card and Prepaid Card Market

Posted by Sarah Schmidt

Jan 9, 2017 8:45:00 AM

Gift cards are a popular go-to option for shoppers of all ages. Not surprisingly, Christmas and birthdays are top occasions for purchasing gift cards. The most widely purchased gift cards are for coffee shops and restaurants, according to Packaged Facts, a leading consumer research firm.

Gift cards are a massive, multi-billion dollar industry in the U.S., but not all prepaid cards are purchased as gifts and stocking stuffers. A variety of prepaid cards are also used for government-administered benefits, employee rewards and incentives, and tax refunds. In addition, millions of consumers use prepaid cards as an alternative to traditional bank accounts.

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Topics: Financial Services, Packaged Facts, Industry Insights

Top 20 Industry Articles on MarketResearch.com in 2016

Posted by Sarah Schmidt

Jan 5, 2017 8:45:00 AM

Here's a look back at the top industry analysis pieces published on the MarketResearch.com blog in 2016.

Drawing on data from a variety of leading market research publishers, our most-read articles covered everything from telemedicine and genetic testing, to meal kits and food trends. 

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Topics: Industry Insights

16 Leading Companies in the Global CRISPR Market

Posted by Sarah Schmidt

Jan 4, 2017 8:45:00 AM

The field of gene editing is expanding rapidly. A team of scientists in China recently injected CRISPR-edited cells into a human patient for the first time — potentially setting off a biomedical race between China and the United States, as reported in the international scientific journal Nature.

More significant developments are expected in the years to come. The global CRISPR market is forecast to grow at an astonishing compound annual growth rate (CAGR) of 35% from 2016 to 2022, according to Inkwood Research, a market intelligence firm. The number of scientific papers published on CRISPR continues to soar, from below 200 papers in 2012 to more than 1,200 papers in 2015.

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Topics: Biotechnology, Industry Insights

Ultra-Low-Cost Carriers Take Off

Posted by Leon Mengri

Jan 3, 2017 8:45:00 AM

The US airline industry features three types of carriers in terms of operating model: traditional carriers, low-cost carriers (LCCs), and ultra-low-cost carriers (ULCCs). ULCCs – largely represented by Spirit Airlines (Spirit), Frontier Airlines, and Allegiant Travel Company (Allegiant) – experienced impressive revenue growth over the 2010-2015 period.

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Topics: Energy & Resources, Transportation & Shipping, Industry Insights, Heavy Industry, The Freedonia Group

What Makes Superplasticizers Super?

Posted by Aaron Hackle

Dec 28, 2016 8:45:00 AM

In concrete production, water and cement react to bind together fine aggregates (primarily sand) and coarse aggregates such as crushed stone or natural gravel. A relatively small amount of water is needed to initiate this chemical reaction (hydration) to transform the ingredients into concrete. 

However, additional water is often required to make the mix workable enough to be poured and finished, and the addition of too much extra water can decrease the strength of finished concrete. Reduced durability in concrete can lead to a premature need for repairs or replacement in the residential and nonresidential building sectors, as well as in such public projects as highways, streets, bridges, and dams.

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Topics: Materials & Chemicals, Industry Insights, Heavy Industry, The Freedonia Group

Robotics and the Future of Motorcycle Testing

Posted by Gleb Mytko

Dec 27, 2016 8:45:00 AM

Technological innovation is transforming all aspects of the motorcycle production process, even the product testing phase. The development of new, state-of-the-art testing technologies allows companies to design and produce cutting-edge motorcycles that offer increased safety and superior performance.

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Topics: Transportation & Shipping, Industry Insights, Heavy Industry, The Freedonia Group

3 Trends in US Engineering Services Industry Indicators

Posted by Luke Hickman

Dec 20, 2016 8:45:00 AM

Over the past few years, trends in three key indicators have taken hold of some of the larger markets for engineering services. These are:

  • dynamic changes in natural gas and crude oil prices
  • a surge in spending on nonresidential building construction
  • an uptick in the retirement of coal-fired power plant capacity

The direction these indicators take going forward may significantly influence demand for engineering services in their associated market segments.

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Topics: Manufacturing & Construction, Industry Insights, Heavy Industry, The Freedonia Group

Technology Is a Major Trend in Professional Services

Posted by Cara Brosius

Dec 19, 2016 8:45:00 AM

Consumer spending on professional services is projected to total almost $481 billion by 2020, representing yearly growth of 3.8% from 2015 levels. Positive economic trends will drive growth as consumers gain more disposable personal income and seek professional services for their financial and personal needs.

Many innovative technologies are changing how we access professional services. If you’d like to seek legal advice, chances are you can do it on your computer or mobile device. Many online services are also cheaper than traditional ones, leading established companies to change their marketing strategies and to offer services on a variety of platforms.

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Topics: Business Services & Administration, Industry Insights, The Freedonia Group

Battle of the Biofuels: Demand Heats Up for Renewable Diesel

Posted by Erica Keenan

Dec 13, 2016 9:00:00 AM

In the US, the majority of trucks are powered by soybeans. Sort of. Under its Renewable Fuel Standard (RFS), the Environmental Protection Agency has proposed a target of 2.0 billion gallons of biomass-based diesel in the US diesel supply for 2017 – a 16% increase over 2015 levels. Soybean-derived biodiesel represents the predominant type of this renewable fuel.

But another type of biomass-based diesel – renewable diesel – is experiencing vigorous growth in demand due to a confluence of EPA mandates, rising distillate fuel consumption, and performance advantages.

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Topics: Energy & Resources, Industry Insights, Heavy Industry, The Freedonia Group

When Shopping Online, the Packaging Sends a Message

Posted by Esther Palevsky

Dec 12, 2016 9:00:00 AM

With almost everyone getting great gift deals sent to their inbox these days, it’s not surprising that the peak holiday shopping period of November and December brings in 30 percent more revenue for e-commerce retailers than non-holiday months, according to a report by RJMetrics.

This year’s Black Friday and Cyber Monday, two of the biggest online shopping days of the period, saw record-breaking sales totaling $6.8 billion in 2016, a 17 percent increase over 2015. 

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Topics: E-commerce & IT Outsourcing, Industry Insights, The Freedonia Group

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