Versatile Nature to Propel Butyl Rubber Market in Asia: Ken Research

Butyl rubber is known as butyl which is a synthetic rubber, a copolymer of isobutylene with isoprene. Polymerization of 98% of isobutylene with about 2% of isoprene results in production of butyl rubber. Butyl rubber is a synthetic rubber, or elastomer that is impermeable to air and used in many applications which require airtight rubber. It is used in the manufacture of adhesives, agricultural chemicals, fiber optic compounds, ball bladders, caulks, sealants, cling film, electrical fluids, lubricants, paper, pulp, personal care products, pigment concentrates, for rubber and polymer modification, for protecting and sealing certain equipment for use in areas where chemical weapons are present, as gasoline, diesel fuel additive and chewing gum. Initially butyl rubber was used in tyres as inner tubes and the trend continues.

The major advantages of butyl rubber are Flexibility, air tight and gas impermeable, low glass transition temperature, good ozone resistance, displays high damping at ambient temperatures, good weathering resistance, heat resistance, chemical resistance, good vibration damper, biocompatible and age resistance. Butyl rubber is used as shock mounts, sealant for rubber roof repair, tubeless tire liners, inner tubes, stoppers for glass bottles, medicine bottles, and pharmaceuticals, adhesives, butyl O rings, pond liners, tank liners and as construction sealants, hoses, and mechanical goods.

According to the study “Asia Butyl Rubber Industry Situation and Prospects Research report”, butyl rubber market in Asia is anticipated to display a considerable growth due to its rising demand in several applications and exceptional characteristics such as excellent permeability to moisture and gases (ozone) and ageing stability which is preferred over conventional rubbers. Butyl rubber is used in tire applications but now it is increasingly being used in other sectors such as healthcare, consumer products, automotives and adhesives. Butyl rubber possesses enhanced damping property which is increasing the demand in the manufacture of plastics. It is also used for damp proofing and roof repairing, used as food grade butyl rubber in food applications which is expected to propel the demand for the product. Butyl rubber is used in the manufacture of plastic explosives that are used in the mining industry, it is added to diesel fuel to withstand fouling of fuel injectors, regulates hydrocarbon and particulate matter emissions.

Geographically, butyl rubber market in Asia is spread across China, India, Japan, Korea, Saudi Arabia and other regions. Asia is the largest manufacturer of butyl rubber due to evolution in tire and tubes industry at an unprecedented pace. China and India account for highest consumption of butyl rubber in Asia. The leading manufacturers of butyl rubber in Asia are Exxon Mobil, Lanxess, PJSC Nizhne Kamskneftekhim, JSR, Sibur, Sinopec Beijing, Yanshan Company, Zhejiang Cenway Synthetic New Material and Panjin Heyun Group.

Asia butyl rubber market will witness a drastic growth because of increasing consumption supported by the ongoing demand adhering to the government’s regulations. The major challenges that are faced in butyl rubber market are fluctuating raw material prices, regulations for volatile organic compound (VOC) emissions due to rubber manufacturing, and availability of substitutes. With numerous constraints and wide spread applications the butyl rubber market in Asia will witness a drastic growth over the next few years.

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The First Drug To Treat Smallpox Market Outlook: Ken Research

Smallpox is an extremely contagious infection caused by the Variola virus for which there is no known cure. Symptoms include fever, malaise, abdominal and severe back pain. The last known natural case occurred in Somalia in 1977 and due to worldwide vaccination programs, this disease has been completely eradicated. By 1980 the WHO declared that smallpox had completely been eradicated although government and health agencies still have stashes of smallpox virus for research purposes. Nowadays people no longer receive routine smallpox vaccinations as they can have potentially fatal side effects, so only the people that face a high risk of exposure get the vaccine.

According to the study, ‘Smallpox – Pipeline Review, H2 2018’, researchers are still carrying out studies on smallpox and its treatments. Since smallpox virus is deadly and contagious the research projects are carried out under extreme authorization. The US Centers for Disease Control and Prevention along with the Russian State Centre for Research on Virology and Biotechnology are the only two labs in the world approved and known to have smallpox virus. Recently the US Food and Drug Administration (FDA) approved the first drug to treat smallpox.

This comes as there is a growing concern that the small pox virus may be used in bioterror attacks by terrorists or by people with criminal intentions. This is the main reason why the FDA gave priority review to TPOXX, asmall-molecule antiviral treatment made by the US based SIGA Technologies Inc. and approval was based on research treating animals infected with viruses that were closely related to the virus causing smallpox. Out of the animals tested, less thanone-tenth died compared to the one-third fatality rate among humans who got infected and did not consume the drug. Until now, smallpox treatment consisted of managing symptoms and treatment with three antivirals that are not proven to treat the disease but have been the best potential line of defense. In addition, the vaccine would be used to prevent the disease from spreading. TPOXX is the first approved treatment specifically initiated for the treatment of this virus.

Investigators in the Department of Molecular Virology and Microbiology (MVM), at the Baylor College of Medicine in the US, have received funding from several sources to study the immune responses to the smallpox virus and for vaccine development studies. This shows that authorities around the world are still concerned about this disease. MVM scientists have also investigated the vulnerability of the general population to smallpox and found that the discontinuation of the smallpox vaccination program in the early 1970s has reduced immunity to the variola virus in the general population. In another project MVM researchers have applied a new technology to identify the vaccinia virus antigens that are responsible for the anti-smallpox humoral and immunity that grants protection against smallpox infection.

The technology used is called the TAP (Transcriptionally Active PCR) Express TM system and is a tool that allows thousands of antigen genes to be individually amplified so that their biological function or DNA vaccine immunological potency can be quickly analyzed. The goal of this work has been to identify antigens that would be candidates for use in developing new smallpox vaccines.Also, a team led by the virologists of the University of Alberta in Edmonton, Canada are trying to recreate Variola, the small pox causing virus in order to better understand it. All around the world there is growing concern regarding the potentially destructive uses of the smallpox virus. Research institutions, mainly from the US, are constantly trying to develop new drugs and vaccines to combat smallpox. Certain educational institutions are also assisting in the process besides Canadian contributions.

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Shifting The Renewable Energy To Wind Energy In Brazil: Ken Research

According to the study, ‘Wind Power In Brazil, Market Outlook To 2030, Update 2018 - Capacity, Generation, Investment Trends, Regulations And Company Profiles’, some of the companies which are operating in the wind energy sector in Brazil include Renova Energia S.A., Multiner S.A., Energisa SA, Elawan Energy SL and Contour Global L.P. All these companies have taken advantage of the favourable government rules and regulations thereby setting up their dominant shares in the market.

Brazil is one the most clean energy producers in the world and that too an industrialized nation. This achievement has mainly been achieved due to the hydropower projects in Brazil which have been an astounding success. However, the government is equally supportive of promoting wind energy as a mode for generation of energy. Brazil can be considered a potential market for wind energy resources due to the high speed winds, some of which are not present in the entire Latin American Region. The Brazilian Government is keenly in favour clean energy resources as well as wind energy. The government through its various schemes such as tax incentives and rate cuts has set a regulatory framework that is beneficial not just for the international but also for the local players. Regular auction of sites for medium and long term contracts ensure that no probable zone that can be used for the purpose of electricity generation is left out.

Brazil is one of the fastest growing wind markets in the world. The key drivers of this industry are multi-fold and include favourable wind resources followed by an easy government tender/auction centre where bids can be easily placed by any part and lastly appropriate financing schemes that are provided by BNDES. Brazil is the most favourable wind energy market in the entire Latin America that is marked by cost effective techniques and upgraded technologies which ensure maximum efficiency of the turbines. Also, the rules and regulations are set in such a manner that the entire market is easy to enter and does not involve any long paperwork that needs to be processed. The sudden thrust that has been provided to this industry has led to setting up of many international as well local companies to try their expertise in the segment of wind energy. Most of the international players also set up a production facility within the country to meet its requirement of machines and equipments. These production facilities act more like an assembly unit which allows the international players to adapt to the changing legislations in an effective manner. Another favourable reason for the growth of this industry is regular auctions that are conducted by the government authorities. These auctions are conducted on a regular basis ensuing continuity in this industry.

The wind energy segment is expected to rise in the future due to favourable conditions especially from the government’s end. The growth has been high even in the past year which is expected to be carried to the future years. The competition in this industry is expected to increase as more and more international as well as local players would take advantage of the incentive that shall be provided by the government authorities.

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Pakistan’s Typhoid Fever Outbreak To Supplement Research On Drug Resistant Bacteria Market Outlook: Ken Research

Typhoid is a bacterial infection that can lead to a high fever called Typhoid fever. It can also include instances of diarrhea and vomiting. It is caused by the Salmonella Typhi bacteria which gets deposited in food or water by human carriers and is then spread to others. This contaminated water and food is the most common channel for the spread of the infection.

According to the study, ‘TYPHOID FEVER – PIPELINE REVIEW, H2 2018’, if detected early enough then typhoid can be successfully treated with antibiotics or else it can prove to be fatal as reported in one-fourth of the cases. Typhoid fever has been found to be common in low income countries. This fact further gains momentum by the results from various studies conducted on the cases reported in the US which reveal that three-fourth of them start when people travel internationally. Apart from the US, European countries also report encountering typhoid mostly when they visited Asia and South America. Countries such as Pakistan, India and Bangladesh are at the core of this argument as most of these countries suffer from poor sanitation and lack of access to clean drinking water. The risk of developing the infection is also there in visiting Africa.

Antibiotics are used to treat typhoid fever with the most common ones being ciprofloxacin and ceftriaxone. As with a number of other bacterial diseases, there is currently concern about the growing resistance of Salmonella Typhi against antibiotics. This concern is a very valid one as it is not only impacting the choice of drugs available to treat typhoid but also because this is not the first time the bacteria has shown resistance. In recent years, for example, typhoid became resistant air travel from Pakistan. Genomic comparison revealed that the person was carrying the outbreak’s infections. The subject was isolated and has now been treated. This study shows the typhoid strain causing the outbreak acquired an additional piece of DNA to become resistant to multiple antibiotics, including a third-generation antibiotic. The team also discovered that the typhoid outbreak was caused by strain H58, a strain known to be associated with multidrug resistance. When researchers looked further they discovered that the strain of H58 had gained an extra strand of bacterial DNA that provided additional antibiotic resistance genes.

Recent research results published suggest that treatment options are running out for typhoid fever and there is an urgent need for preventive strategies including vaccines.More developed parts of the world such as Europe and the US report small number of cases compared to the hubs such as South Asian nations particularly, as demonstrated by Pakistan. Better hygienic conditions can greatly assist the curing and treatment options available.

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The Framework of the Chilean Hydropower Industry: Ken Research

There is an urgent need to shift global energy production to renewable forms so as to ensure that the world is caused no more harm by ill effects that arise due to use of non-renewable forms of energy. Chile has a goal of producing majority of its national energy by renewable forms in order to ensure a hospitable and sustainable environment to live in. In 2015, Chile joined the international community and promised to reduce its overall greenhouse gas emissions. Chile is a regional leader when it comes to promoting the use of renewable forms of energy which makes it very popular amongst countries who wish to expand their business into untapped potential.

According to the study, ‘Hydropower in Chile, Market Outlook to 2030, Update 2018 - Capacity, Generation, Investment Trends, Regulations and Company Profiles’, some of the major companies that are currently operational in the Chilean hydropower industry include Pacific Hydro Pty Ltd., Hidroelectrica Guardia Vieja S.A., Enel Generacion Chile SA, Duke Energy International, LLC, Colbun S.A., AES Gener S.A. an HydroChile S.A. All these companies have begun their operation in the Chilean industry and hold a high share in the industry in terms of volume of sales. Chile has witnessed strong economic growth in the recent years which is coupled by an increasing demand for electricity especially in the northern region. Mitigation Plans and Action Scenarios (MAPS) is collaboration between Chilean states which aims to reduce the overall greenhouse gas emissions. This initiative could make Chile a leader in hydro power generation. Chile is investing in huge upgradation of its technology in order to climb the ladder of market dominance in hydropower projects and to deal with the problem of climate change. Some of the technologies in which huge progress is being recorded include baseline analysis, mapping technologies and synergies for rapid technological response to climate change.

The hydropower consumers in Chile can be basically divided into two broad categories. These include the regulated and the unregulated market. Unregulated market includes those consumers which have a high demand and thereby giving them the right to negotiate bilateral transactions with the power suppliers. The regulated markets are the consumers which have low demand and hence cannot negotiate the prices and re compulsorily required to pay distribution costs and sur charge cost as well.

In the regulated market, the prices of electricity are derived from the spot price of energy over the next couple of years. Usually, in hydropower projects there are initial fluctuations in products which are gradually phased out over time and hence this was the reason a long time frame has been prescribed for such projects. The prices are then fixed for a period of two months and are revised twice in a year, once in the month of April and Once in November.

The overall hydropower industry in Chile is expected to grow in the future. This statement is supplemented by various support projects that have been taken up by the government and other organizations in order to promote the electricity generation via hydropower. The companies that are wishing to enter this market needs to understand the huge capital investment that is required in this sector.

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The Emergence of Rising Hydropower Industry in China: Ken Research

Hydropower is a systematic development plan that requires an entire action plan and if executed correctly, could reap immense benefits to the entire nation. At present China is on a path of extremely high growth rate which can be seen by year on year growth rate of GDP. The high economic growth of the country has led to a high GDP but due to the great population of the country, the per capita income tends to be lower which is why China is still classified as a developing country. With increasing population, the energy requirements have gone up significantly whereas the resources to fulfil these needs have gone down drastically. Hence, the government and other organizations had to look for alternate means to satisfy the rising power needs. The most prominent alternate mean is hydropower projects.

China is a country which is abundant in water resources which can be used for the purpose of electricity generation. In fact it ranks among one of the top countries when it comes to per capita availability of water resources despite its large population. The total hydropower electricity generation is although low in terms of percentage however the percentage has been rising rapidly in the recent years. Some companies are taking advantage of this increasing percentage. According to the study, ‘Hydropower in China, Market Outlook to 2030, Update 2018 - Capacity, Generation, Investment Trends, Regulations and Company Profiles’, some of the major companies that are currently operating in the Chinese hydropower industry includes names like along River Hydropower Development Company, Ltd., State Grid Corporation of China, China, Three Gorges Corporation, China Power Investment Corporation, China International Water & Electric Corp., China Huaneng Group, China Guodian Corporation and China Datang Corporation.

There are three types of hydropower stations installed in China and these include the small hydropower plant, medium hydropower plant and large hydropower plants. The majority of power plants are either large or medium sized plants which generate high amount of energy. The Chinese companies have a specific set of requirements that need to be met before a project can begin execution. This includes a good quality design which is complemented by technical management. Using the full knowledge of the natural conditions including geography, geology and even earthquakes, a plan is developed that needs to put into execution. While the hydropower is still under construction, scientific management is recommended because construction activities can easily be affected by either human or natural activities. A technical management system also needs to be established due to the complex procedure that is involved in the construction of hydropower plants.

Hydropower projects are gaining much attention in the recent times however; it has gained major traction in China due to their high energy requirements and relatively lower number of non-renewable sources of energy. Hence, the growth potential in the country is immense which is being tapped by companies both national as well as international.

The competition landscape of this industry is segmented due to the huge financial resources in forms of capital investment that are required by the companies even before they begin operations. Many companies are going to enter this market and gain advantage of this untapped potential.

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Evolution in Clinical Studies to Drive Asia Cholesterin Industry: Ken Research

Cholesterin is a German word for cholesterol which is a crystalline, fatty natural substance found in almost all animal cells. Apart from bile, cholesterol is produced in liver, brain, nerves and blood in all animals. It plays a major role in cell membrane stabilization and nerve function, production of sex hormones and other processes within the body. It is a component of the cell membrane that helps in increasing stability of the membrane when coupled with proteins. It also helps to introduce signalling substance into and out of the cell membrane. Every human body contains about 140g of cholesterol additional to the 95% of cholesterol within the cells and cell membranes. Lipoproteins help in supplying the cells with cholesterol which vary in densities according to their behaviour during various functions. Cholesterol is a polycyclic alcohol and it is not fat. It is a sensitive oxidant and autoxidation process leads to many reactions within a human body.

In the cholesterol synthesis process, PCSK9 is the chief component. Investigational antibodies promise to block the enzyme and subsequently lower LDL cholesterol. Cholesterylester transfer protein (CETP) increases HDL cholesterol in order to reduce the risk of cardiovascular disease. This advanced treatment is appealing due to its success and mechanisms of action. It needs to be proven that lowering LDL cholesterol levels is beneficial to the biological system. Drug makers or manufacturers are also hesitant to cholesterylester transfer protein (CETP), inhibitors after Pfizer's torcetrapib and Roche's dalcetrapib both failed in trials during the development of advanced cholesterol drugs. Majority of the drug companies encouraged the development of HDL-boosters that could be an heir to best-selling LDL cholesterol lowering medicines.

According to the study “Asia Cholesterin Industry Situation and Prospects Research report”, Asian cholesterin industry is spread across China, India, Korea, Japan, Saudi Arabia and other regions. All the leading vendors are increasingly focusing on developing new drugs that exhibit long-term reliability. The vendors are increasingly competing against each other based on factors such as price, features, and product quality. The leading players in Asian cholesterin industry are Dishman, NK, Nippon Fine Chemical, Zhejiang Garden Biochemical, Jingkang Biotechnology and Tianqi Chemical. Cholesterin is used in cosmetic, pharmaceutical and others industries for various applications. Lanolin source and animal brain source are the two types of cholesterin available in Asian markets.

Asia accounts for a largest share in the cholesterin market due to health awareness, enhanced standard of living, demand for quality cosmetics products and advanced pharmaceuticals. The increasing consumption of cholesterin products for various applications is encouraging the market towards expansion attracting huge recognition and the trend will continue over the next few years in Asian markets.

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The Changing Landscape Of The Spanish Hydropower Industry: Ken Research

The world has witnessed an increasing rate of green house gas emissions which has impacted the earth in a disastrous way. New methods of energy production and development are being developed in various countries. One of the major shifts in energy production is the use of renewable sources of energy generation. One of the primary renewable resources is the hydro energy which is used to generate electricity by making water fall on large turbines from a great height. Spain is extensively utilising its hydropower potential in order to ensure safer environment for its future generation. Spain has numerous hydropower projects that are still under construction and some that began operations long back. There are three broad categories of hydropower projects and these include Small Hydro projects, Medium Hydro projects and large hydro projects.

Many organisations are developing small hydropower projects due to the cost effectiveness associated with them. According to the study, 'Hydropower (Large, Small And Pumped Storage) In Spain, Market Outlook To 2030, Update 2018 - Capacity, Generation, Regulations And Company Profiles', some of the major companies that are working in the hydropower energy generation industry include Iberdrola, S.A., GrupoFerroatlantica, S.L., Gas Natural Fenosa Group, E.ON Espana and AccionaEnergia, S.A. Small Hydropower plant projects are the most cost effective method of fulfilling energy requirements of a less developed region, which is why they attract attention in the developing nations. They require relatively less capital investment and though, produce lower amount of energy but enough to fulfil the needs of a remote area which can ensure development in that region too. Out of the total hydropower electricity generated in Spain, a significant portion was generated via small hydropower projects which are unique considering that they generate lower amount of electricity as compared to the other two.

Most number of hydropower plants is located in the northern region where there is abundance of river basins coupled with hydropower generation potential which makes it a favourable zone for setting up such projects. The surge of small hydropower projects in Spain is mainly due to the governmental rules and regulation which promoted the generation of energy via renewable sources. The electricity sector law set a special regulatory and economic framework for industries that generated power using renewable forms of energy. The overall installed capacity of hydropower projects in Spain has been increasing constantly over the past few years and the same if expected to be carried for the upcoming years.

The competition scenario can be narrowed down to only few players in the market who have the ability to make huge capital investments that too after the returns begin to generate after a period nearly a decade. Many companies that entered this segment could not survive the pressure and were forced to exit, whereas those who continued eventually became the market leaders. The future of this industry is expected to be bright especially due to the strong support that the Spanish regulatory framework provides. The established companies now face no threat from new entrants as they have become behemoths in this sector holding onto their share. If new companies are able to develop better techniques which are highly cost effective only then the big giants can be put into trouble.

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Emerging Economies and Industrialization to Boost Asia Engineered Ceramics Industry; Ken Research

Engineered ceramics are ceramic compounds that are extensively used in various applications such as power generation, aero propulsion, E/O packaging, personnel protection, and industrial processing equipment. Structural applications of engineered ceramics are used in the manufacture of cutting tools, wear components, armor, and engines. Engineered ceramics are popularly known as advanced ceramics, technical ceramics, industrial ceramics, to fine ceramics. Engineered ceramics possess exceptional magnetic, optical, thermal, and electrical properties. Engineered ceramics are effective substitutes due to their striking features of excellent performance level and quality. There is a huge demand for engineered ceramics due to its extensive physical and chemical properties.

According to the study “Asia Engineered Ceramics Industry Situation and Prospects Research report”, the increase in stringent environmental regulatory issues and augmented competition level from substitute materials is the key factor affecting the growth of engineering ceramics industry. Engineered ceramics is categorized based on its application in various industries such as military, aerospace, and others. Asian engineered ceramics market is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The growth in the market will be robust over the next few years due to many players who are focusing on investing heavily in R&D, partnerships, acquisitions, and joint ventures. The leading players in Asia’s engineered ceramics industry are CoorsTek, Smart Ceramics, Morgan Advanced Materials, Pingxiang Chemshun Ceramics Co.,Ltd, Blasch Precision Ceramics, and CeramTec. Type I and type II are the two types of products in Asian engineered ceramics market.

Engineered ceramics are used in various automotive heat engines, medical implants/devices, and electrochemical devices due to rise in the demands, widespread usage of coated machinery gears, increase in applications, adopting enhanced coatings, rising market in commercial sector, and huge investments. Asia accounts for a largest share in the engineered ceramics industry and it is estimated that the region will dominating the global market until next few years due to constant technological innovations, rise in the investments by the manufacturers, and heavy manufacturing base. Industrialization in emerging economies such as China and India has led to significant growth opportunities in Asian engineered ceramics market. Emerging economies are dependent on engineered ceramics industry that will drive an increased adoption. Asian engineered ceramics market is expected to witness a steady growth due to rising regulatory framework, growing adoption of engineered ceramics across various sectors and demand for quality that will drive the market over the next few years.

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Iot Innovations Used By Leading Tourism Industry Players Market Outlook: Ken Research

According to the study, ’INTERNET OF THINGS IN TOURISM-THEMATIC RESEARCH’, there is immense scope in the tourism industry to incorporate IoT and improve general operations and customer satisfaction. Many aspects of the tourism industry’s growth seem to be linked with the incorporation of IoT. Tourism and hospitality is a rapidly growing sector and is beginning to individually develop its fields. The Internet of Things (IoT) refers to a world where various devices are connected to the internet with a view to further automate people’s lives, save energy and make industrial processes run more efficiently.

Certain innovations have already begun to take shape. In 2016, mobile keys began to come out into the spotlight with use by globally renowned hoteliers such as Starwood and Hilton. The concept used is that through a mobile app, guests are notified when their room is ready. On reaching the room, guests simply wave their phone in front of the lock to open the door. Mobile keys increase guest satisfaction as they no longer have to wait at the reception for their keys to arrive. Starwood is using the SPG keyless entry phone app so that guests book through Starwood’s own properties. Luggage too is an important part of travelling and tourism. A new concept of smart luggage is being researched and a few manufacturers are testing prototypes of the same. One such manufacturer is Trunkster which is trying to develop zipper less luggage equipped with GPS and some other features. However, this concept faces a few challenges with the main one being the involvement of sensors and new kind of data which needs to be processed.

Augmented and virtual reality popularity has seen an increase in the last few years among travel and tourism companies. These technologies are either being used for content marketing or to enhance the customers’ experiences for example, airlines have started using VR to show passengers their latest cabin products in advance. Artificial intelligence is also being used to speed up operations, improve quality of output and reduce costs. An example of the prospects of IoT, being realized by companies, is an internationally renowned industry player using IoT to reduce anxiety and stress levels associated with lost bags. Germany’s Lufthansa is shaping the future of travel and tourism as its passengers can track their baggage via a link found on their mobile boarding pass in the Lufthansa app. Voice technology is also believed to disrupt the travel and tourism sector. More and more customers are switching from typed-insearch to voice interactions. An increasing number of hotels have started experimenting with voice activated devices. Among such hotels are W Austin of Marriott International, Kimpton Alexis Hotel and Westin Buffalo. Despite a sluggish start, travel and tourism companies are gradually using this technology to offer customers a more satisfying experience. For instance, the Walt Disney Company had deployed a wearable, customizable, RFID-equipped MagicBand which connects to the theme park infrastructure to reduce waiting times and track guests’ locations and activities.

IoT is opening up several options and channels for progress both from the companies’ viewpoint and from that of the consumers. New technologies have been developed and certain projects are still in development stage. The use of IoT incorporated innovations by globally renowned companies, from theme park operators to international airlines, just proves the future relevance and prosperity of this industry.

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