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1.

Procurement Management Software Market 2019: Global Size, Growth Factors, Top Leaders, Opportunities, Emerging Technologies and Regional Forecast to 2024

New Market Research Study on “Procurement Management Software Market” Report by Type and Applications Now Available At Arcognizance.Com. This report presents a comprehensive overview, market shares a ......

  • United States
  • Administration & Marketing
  • 09 Oct 2019
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Description New Market Research Study on “Procurement Management Software Market” Report by Type and Applications Now Available At Arcognizance.Com. This report presents a comprehensive overview, market shares and growth opportunities of Procurement Management Software market by product type, application, key companies and key regions. According to this study, over the next five years the Procurement Management Software market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. Procurement management software is a computer program that automates materials purchasing and maintaining inventory. It essentially does several jobs at once while maintaining accuracy in all. Just a few of its responsibilities include generating purchase orders, implementing the process of ordering, matching invoices to delivered materials, and making payment for the bills electronically. Procurement management software can help automate the entire requisition and procurement process, compare proposals, track vendor performance, reduce un-managed spend, gain real-time visibility and control, and deliver a strong, demonstrable ROI across your entire organization. When integrated with your ERP solution, your organization’s purchasing data is transmitted quickly, and is instantly available on financial and operational reports.
Industry Administration & Marketing
Source https://spacemarketnow.com/54963/procurement-management-software-market-2019-global-size-growth-factors-top-leaders-opportunities-emerging-technologies-and-regional-forecast-to-2024/
2.

JCB note of caution despite record results in 2018

JCB set new records for turnover, machine sales and earnings in 2018 as global markets for construction equipment and agricultural machinery remained strong. Headquartered in Staffordshire, England, ......

  • United Kingdom
  • Administration & Marketing
  • 28 Sep 2019
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Description JCB set new records for turnover, machine sales and earnings in 2018 as global markets for construction equipment and agricultural machinery remained strong. Headquartered in Staffordshire, England, the major global off-highway equipment manufacturer revealed that its sales turnover in 2018 rose by 22% to £4.1bn (€4.52bn) (2017: £3.35bn - €3.69bn), while machine sales increased to 96,246 (2017: 75,693). JCB earnings on an EBITDA (Earnings Before Interest, Tax, Depreciation & Amortisation) basis rose by 31% to £447 million (2017: £341 million). JCB CEO Graeme Macdonald said: “2018 was a very strong year for JCB during which the global construction equipment market grew by 18% to an all-time high of one million machines. JCB outpaced this growth by increasing its sales revenue by 22% last year, which was a very significant achievement. However, this growth has now stalled, with many markets softening this year, particularly the Middle East, Turkey, Latin America and India. We continue to make strategic investments in new product development and new manufacturing capacity to ensure JCB is ready to capitalise on future long-term growth opportunities.” JCB Chairman Lord Bamford said: “The continued growth in global markets during 2018 has seen JCB production reach new peaks. As we approach our 75th anniversary next year, the pace of innovation remains relentless. Recent product launches, especially JCB’s electric mini excavator, puts the company in a strong position to tap into a growing demand for zero-emissions or ultra-low emissions equipment in the construction industry, particularly on urban job sites.” Global construction equipment sales hit an all-time high of 1.1 million units in 2018, according to analysis published in April by market research consultancy by Off-Highway Research (OHR). OHR said the 2018 sales had a retail value of around US$110bn which eclipsed the most recent highs of 2011, the peak of the Chinese stimulus spending boom, and 2007. While 2018 is likely to represent the peak in the current cycle, OHR forecasts only a moderate decline in global demand for 2019. Sales are expected to remain above 1 million units, which would be only the fourth year in history this has been achieved. The outlook for the following years is for demand to stay at good levels. However, OHR cautioned that this bright outlook could be threatened by negative and unexpected political and economic events. India remained JCB’s largest market in 2018 and this year marks the 40th anniversary of JCB India and comes as the company invests in a new £65 million factory in Gujarat, which is due to open in 2020. JCB is also investing £50 million in a new factory to manufacture cabs for its machines in Uttoxeter, Staffordshire, which will open in Autumn 2019. JCB has 22 factories around the world, including 11 in the UK.
Industry Administration & Marketing
Source https://www.worldhighways.com/categories/auctions-equipment-supply-servicing-finance/news/jcb-note-of-caution-despite-record-results-in-2018/
3.

Market Consultation and Research in Public Procurement

In order to succeed, procurement practitioners need to have a clear picture of what market consultation should actually entail. In this practical seminar, you will learn how to proceed effectively in ......

  • Germany
  • Administration & Marketing
  • 17 Sep 2019
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Description In order to succeed, procurement practitioners need to have a clear picture of what market consultation should actually entail. In this practical seminar, you will learn how to proceed effectively in market consultation. Market research can be a powerful tool to facilitate the effectiveness of follow-up procedures in procurement. It enables procurement officers to choose the optimal procedure while inviting the most suitable bidders to the formal procurement process. How to develop a strong strategy for market consultation How to conduct market consultation for complex procurements Which strategy is the most useful one in light of market consultation results?
Industry Administration & Marketing
Source http://innovation-procurement.org/events/?c=search&uid=msT8uXYI
4.

Procurement software market to reach $9.96bn by 2023

According to research released today by Market Research Future, the global market for procurement software is expected to reach US$9.96bn by 2023, growing at a CAGR of 9.6% from the $5.88bn reported m ......

  • United States
  • Administration & Marketing
  • 04 Jun 2019
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Description According to research released today by Market Research Future, the global market for procurement software is expected to reach US$9.96bn by 2023, growing at a CAGR of 9.6% from the $5.88bn reported market worth at the close of 2017. Adoption of procurement software is expected to achieve deeper penetration across various industry verticals, like IT & communications, retail, and automotive. According to the report, the rising inclination being observed towards the adoption of a centralized procurement process is poised to catapult the market on upward trajectory. SEE ALSO: The EPIC Rising Star award goes to goes to BGIS’ Gurkirat Singh US food retailer Alberstons joins IBM Food Trust blockchain to track lettuce supply chain Boosting patient compliance through pharma packaging innovation Read the latest issue of Supply Chain Digital! Industry leaders in the procurement software solutions space, such as Oracle Corporation, IBM Corporation, Coupa Software Incorporated, Epicor Software Corporation, JDA Software Inc., Mercateo AG, SAP SE, Zycus Inc and Infor Inc are expected to remain major players in the field. According to Industry News Center, “the Procurement Software Market is a wide field for players, offering gigantic entryways for advancement. The overall Procurement Software Market is the establishment of the all-inclusive enhancement perspectives and prospects, as the headway of a specific thought requires diverse mechanically supported considerations, theories, and techniques.”
Industry Administration & Marketing
Source https://www.supplychaindigital.com/procurement/procurement-software-market-reach-996bn-2023
5.

Record High For Global Construction Equipment Sales

Global construction equipment sales hit an all-time high of 1.1 million units in 2018, according to new analysis by Off-Highway Research (OHR), a leading industry market research consultancy. OHR says ......

  • Administration & Marketing
  • 10 Apr 2019
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Description Global construction equipment sales hit an all-time high of 1.1 million units in 2018, according to new analysis by Off-Highway Research (OHR), a leading industry market research consultancy. OHR says the 2018 sales – with a retail value of around US$110 billion - eclipsed the most recent highs of 2011, the peak of the Chinese stimulus spending boom, and 2007. Continuing the trend seen in 2017, OHR notes a widespread improvement in equipment sales around the world last year, with increases in North America, Europe and emerging Asia, including both China and India. In China sales of construction equipment including mobile cranes grew 37% in 2018. This, OHR states, followed on from the 81% surge seen in 2017, and took the market to 343,817 units. This was the highest Chinese equipment demand has been since 2012, and established the country once again as the largest market in the world. India also had a big year. Sales of construction equipment including mobile cranes grew 35%, the third successive year of robust growth. This took the market to a record high of 98,204 units – some 44% above the previous high seen in 2011, and more than double the demand seen just three years previously during the cyclical low point of 2014 and 2015. Meanwhile, OHR highlights how sales in Western Europe hit their highest for a decade in 2018, with a 10% to 177,694 units. Demand increased in 14 out of the region’s 15 largest markets, with sales in Germany and the UK in particular reaching impressive levels. OHR states that the only time the German market has been as strong was at the height of the post-reunification building boom in the early 1990s. North American equipment sales also improved last year, with growth of 13% taking demand to some 195,500 units. The only disappointment among the world’s largest markets last year was Japan, where sales fell 5% to 63,700 machines. While 2018 is likely to represent the peak in the current cycle, OHR forecasts only a moderate decline in global demand this year. Sales are expected to remain above 1 million units, which would be only the fourth year in history this has been achieved. The outlook for the following years is for demand to stay at good levels. However, OHR cautions that this bright outlook could be threatened by negative and unexpected political and economic events.
Industry Administration & Marketing
Source http://www.worldhighways.com/categories/auctions-equipment-supply-servicing-finance/news/record-high-for-global-construction-equipment-sales/
6.

PV Market Alliance forecasts 120 GW of new solar capacity in 2019

The global market stagnated last year, with around 98 GW deployed. By 2019, experts expect global photovoltaic growth, provided there are no setbacks in China. Once again, in 2018, the 100 GW brand f ......

  • China
  • Administration & Marketing
  • 08 Feb 2019
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Description The global market stagnated last year, with around 98 GW deployed. By 2019, experts expect global photovoltaic growth, provided there are no setbacks in China. Once again, in 2018, the 100 GW brand for the new photovoltaic capacity could not be reached, according to the market research company PV Market Alliance. Analysts say that 98 GW of photovoltaic capacity was installed last year, one gigawatt less than in 2017. At around 44 GW, China accounted for almost half of global capacity additions, a figure that fell by 17% with respect to to the 2017 record of 53 GW, while the US markets. U.S., Japan and India also stagnated reaching a total of 26 GW. In Europe, 8.5 GW were installed, thanks in particular to the boost of markets such as Germany and the Netherlands. In addition, PV Market Alliance foresees a sustained growth for this market also in 2019. Nations such as Australia, South Korea, the United Arab Emirates, Egypt, Mexico and Brazil, which together accounted for 19.5 GW of new projects last year, have become significantly more important. By the end of 2018, the world had installed an accumulated photovoltaic capacity of almost 500 GW. PV Market Alliance warned that its forecast for 2019 depends on political decisions in key markets, especially in China. In a largely stable Chinese market, global solar installations would grow approximately 20% to 120 GW, according to analysts, with the Middle East, Latin America and Europe offering significant growth potential. At Intersolar Europe 2018, the PV Market Alliance forecast a world market volume of 180-200 GW by 2022. The company also pointed out that the figures provided relate only to photovoltaic energy connected to the grid.
Industry Administration & Marketing
Source https://www.pv-magazine-latam.com/2019/01/24/pv-market-alliance-pronostica-120-gw-de-nueva-capacidad-solar-en-2019/
7.

Global HVAC insulation market value to reach $7bn by 2023

The multibillion-dollar sector will boom despite sustainability negligence by developers Heating, ventilating, and air-conditioning (HVAC) systems are responsible for controlling the ambient environme ......

  • United Arab Emirates
  • Administration & Marketing
  • 21 Jan 2019
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Description The multibillion-dollar sector will boom despite sustainability negligence by developers Heating, ventilating, and air-conditioning (HVAC) systems are responsible for controlling the ambient environment. HVAC insulation is necessary for ducts and pipes to transfer energy with negligible amount of losses, and along the way, it also improves the energy efficiency, fire safety, and acoustic performance of a building. The global HVAC insulation market is driven by the growth in the global construction industry and increasing demand for energy-efficient systems. However, the sector is also likely to face hindrances due to negligence and reluctance on the part of infrastructure developers to make buildings greener. READ: HVAC chiller market to maintain steady growth According to Market Research Future, the governments of developed and developing nations across all the world are seen to be promoting and developing their respective construction sectors. Major emerging nations in the Asia Pacific region are introducing numerous reforms and regulations to boost their infrastructure and real estate markets. Such growth is anticipated to augment HVAC insulation’s market prospects. The Government of India recently announced some major policy initiatives, such as the approval of the Real Estate (Regulation and Development) Act 2016, which mandates the real estate developer to provide greater transparency in project marketing and implementation, with the utilisation of quality construction materials.
Industry Administration & Marketing
Source https://www.constructionweekonline.com/article-50899-global-hvac-insulation-market-value-to-reach-7bn-by-2023
8.

UK manufacturing activity rises to 6-month high

Mubasher: Industrial activity in the UK rose to a six-month high last December, with a readiness for the BRICCAST. The Manufacturing PMI rose to 54.2 points last December from 53.6 in November, accor ......

  • United Kingdom
  • Administration & Marketing
  • 02 Jan 2019
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Description Mubasher: Industrial activity in the UK rose to a six-month high last December, with a readiness for the BRICCAST. The Manufacturing PMI rose to 54.2 points last December from 53.6 in November, according to data released by Market Research. The reading of industrial activity in the last month of 2018 indicates that at the highest level in about 6 months and the highest 50 points, which separates the expansion and contraction of economic activity. Analysts had estimated that industrial activity in Britain would fall to 52.5 points in December. The expansion of British economic activity last month was supported by a strong flow of new business and a strong increase in stock purchases, reflecting the willingness of manufacturers and their customers for the BRICCAST, the statement said. New orders accelerated in December to a 10-month high, and production increased in the same period, but at a slower pace than in November, the statement said. The average industrial activity in Europes second largest economy in the fourth quarter of last year was at the weakest point since the third quarter of 2016. In 2018, the average indicator of industrial activity reached 53.9 points, below the 2017 level of 55.9 points. By 9:52 am GMT, the British currency depreciated against the US counterpart by 0.4% to drop the pound to $ 1.2694.
Industry Administration & Marketing
Source https://www.mubasher.info/news/3390022/%D8%A7%D9%84%D9%86%D8%B4%D8%A7%D8%B7-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A-%D8%A8%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D9%8A%D8%B1%D8%AA%D9%81%D8%B9-%D9%84%D8%A3%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D8%A8%D9%806-%D8%A3%D8%B4%D9%87%D8%B1?currentUserCountryCode=--
9.

Hanwha supplying 100 MW mono PERC modules to China project

Hanwha Q Cells is continuing its collaboration with CGN Power Group. The manufacturer is delivering its Q.Peak-G5 mono-crystalline PERC solar modules to a 150 MW site in China’s Hubei province. NOVEM ......

  • China
  • Administration & Marketing
  • 30 Nov 2018
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Description Hanwha Q Cells is continuing its collaboration with CGN Power Group. The manufacturer is delivering its Q.Peak-G5 mono-crystalline PERC solar modules to a 150 MW site in China’s Hubei province. NOVEMBER 16, 2018 MARIAN WILLUHN Korean module manufacturer Hanwha Q Cells has announced a 100 MW supply deal for a 150 MW solar plant in China’s Hubei Province. The deal was inked with snappily named EPC contractor Central Southern China Electric Power Design Institute Co., Ltd. of China Power Engineering Consulting Group Corporation – which is building the plant for CGN New Energy. The project is at Dafan town, in Tongshan county, Hubei province, a region with high solar irradiation which hosts renewable energy and battery storage projects. Hanwha says the supply of modules has already begun, with the first batch of 30 MW arriving on site on November 2. The plant is expected to be ready for grid connection as early as the end of the year. Hanwha says a previous 66 MW supply deal for a Top Runner project in July means it will have delivered 400 MW of modules to CGN Power Group. In its second quarter update, the cell producer noted a 10.3% decline in revenues compared to the same period last year, from $578 million to $518 million. Hanwha cited a “difficult quarter”, due to falling sales in some key markets following policy changes – most probably a reference to China. However, the company said it was optimistic of better times ahead and felt the solar market would continue to grow “in the long term”. IHS Markit has revised up its estimate for the Chinese market by several gigawatts to an encouraging 40 GW by the end of the year, which would mean a cumulative capacity of 165 GW. China is reportedly considering revising its 2020 solar development target up from 105 GW – which it has long since surpassed – to 210-270 GW. In this vein, market research group, Fitch Solution Macro Research, forecasts the global solar market will experience 138% growth over the next decade. Cumulative global installation reportedly reached 395 GW last year, and is expected to climb to 942 GW by 2027.
Industry Administration & Marketing
Source https://www.pv-magazine.com/2018/11/16/hanwha-supplying-100-mw-mono-perc-modules-to-china-project/
10.

PPE in global construction market to reach $46.9bn by 2022

Personal Protective Equipment (PPE) in the global construction market is expected to reach $46.9bn by 2022 according to a new market research report conducted by WiseGuyReports. According to the repo ......

  • United States
  • Construction
  • 05 Nov 2018
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Description Personal Protective Equipment (PPE) in the global construction market is expected to reach $46.9bn by 2022 according to a new market research report conducted by WiseGuyReports. According to the report, analysts believe PPE in Construction market size will be further will expand to reach $46.900bn while still maintaining a relatively optimistic growth the past four years with an average annual growth rate of 5.37% from $32.612bn in 2014 to $38.154bn in 2017. SEE ALSO: NPCC wins $450m contract from ADNOC to build offshore field $1.5bn Offshore concession agreement signed by OMV and ADNOC Saudi Aramco has revealed the six prequalifying firms for its $6bn Berri oilfield project Read the latest issue of Business Chief, Middle East edition, here The report covers manufacturers data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data helps consumer know about the competitors better. The biggest players in the market include Honeywell, 3M, DuPont, Ansell, Delta Plus, Eurosafe Solutions and Ergodyne. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Industry Construction
Source https://www.constructionglobal.com/equipment-and-it/ppe-global-construction-market-reach-469bn-2022

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