Revolution on the Road: How IoT is Shaping Fleet Dynamics

According to a new report published by Allied Market Research, titled, “IoT Fleet Management Market,” The IoT fleet management market was valued at $6.4 billion in 2021, and is estimated to reach $16 billion by 2031, growing at a CAGR of 9.8% from 2022 to 2031.

In 2021, Asia-Pacific region is dominating the market in terms of revenue, followed by Europe, North America, and LAMEA. China dominated the IoT fleet management market in 2021. The freight and logistics industry is booming in these economies. In addition, increased adoption of outsourced logistics services in the region is driving the growth of the IoT fleet management industry in Asia-Pacific. Moreover, high government support for development of logistics infrastructure in the region is also boosting the market growth.

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There are prominent key factors that drive the growth of the IoT fleet management market, such as technological advancements across transportation & logistics sector, and increase in use of cloud-based technology for smart fleet management solutions. IoT fleet management provide effective fleet tracking, real-time monitoring, dedicated remote server for fleet data, and security features in a single system. Fleet operators track vehicles through route optimization or selection of best routes in real time that further reduce the transportation costs and idle time by increasing the operational efficiency. The purpose of IoT fleet management is to deliver effective real-time monitoring, fleet tracking, and security. In addition, data generated from IoT and sensors help in analyzing and making a cost effective decision as per requirement. For instance, a manager of a fleet of cars can get the data of fuel efficiency based on the route taken. Owing to all the aforementioned factors the IoT fleet management market is expected to grow significantly during the forecast period.

IoT fleet management market is segmented basis of application, service, platform, type and region. Based on application industry, it is divided into routing management, tracking & monitoring, fuel management, remote diagnostics and others. Based on service, it is segmented into professional, and managed. Based on platform, it is divided into application enablement platform, network management, and device management. By type, it is divided into public, private, and hybrid. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

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COVID-19 Impact Analysis

  • The COVID-19 crisis has created uncertainty in the IoT fleet management market, owing to massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments.
  • Governments of different regions have already announced total lockdown and temporary shutdown of industries, thereby adversely affecting the overall production and sales. Countries around the globe have posed stringent restrictions ranging from days to months of lockdown periods.
  • Transportation organizations needed to ensure that transportation networks can continue to operate throughout the lockdown measures, striking a balance between reduced operations and providing enough capacity for key workers to practice social distancing. In addition, several companies active in mergers and strategic partnership to sustain in pandemic period. For instance, in November 2020, Athene Holding Ltd. and Hertz Global Holdings, a renowned financial services business, entered into a stock and asset purchase agreement to acquire Donlen. In addition, Geotab teamed with SAP (Germany) in October 2020 to give businesses that use SAP solutions and Geotab’s fleet management service visibility into their company’s telemetry data via the SAP Cloud Platform.
  • However, as the world recovers rapidly from the COVID-19 pandemic, the market is expected to fully recover by 2022. The market is witnessing a recovery in production and distribution after the pandemic. The IoT Fleet management system is projected to witness different growth trends over the years with the rise in adoption of mobility-as-a-service and implementation of advanced connecting technologies with fleet management

KEY FINDINGS OF THE STUDY

  • By end use industry, the retail and e-commerce segment is expected to register a significant growth during the forecast period.
  • By customer type, the b2b segment is projected to lead the global IoT fleet management  market
  • By services, the intermodal segment is projected to lead the global IoT fleet management  market
  • By mode of transport, the roadways segment is projected to lead the global IoT fleet management  market
  • Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

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The key players that operate in this IoT fleet management market are AT&T Inc., Cisco Systems Inc, Fleet Complete, Honeywell International Inc., Intel Corporation, International Business Machines Corporation (IBM), Northrop Grumman Corporation, Omnitracs, Sierra Wireless, Telefonica S.A, Tomtom International BV, Trimble Inc., Verizon Communications Inc., Vnomics, and Webfleet Solution (Bridgestone Mobility Solutions B.V.).

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Thermos Bottle Market To See Incredible Growth During the Forecast Period 2023–2030, Says Allied Market Research.


Regardless of whether people are driving, hiking, climbing or hanging out, hydration bottles and protected water bottles are the ideal companion. It helps to keep the body hydrated in every possible situation. Businesses in this market segment are coming up with tough two-fold divider treated steel vacuum protection innovation to build lid alternatives. Bottle vacuum protection makes an airless space between two walls, for eliminating the convection procedure and temperature change. The beverage remains frigid cold or hot regardless of what the conjecture.

COVID-19 Scenario Analysis

Most of the people have a habit of drinking and refilling the bottles every single day. It is recommended by experts that people should keep themselves hydrated by drinking at least 1.5-2 liters of water on a daily basis. Toxic plastic bottles can make the people fall sick therefore it is recommended to use good quality bottle for example thermos bottle for drinking purpose. In the coronavirus scenario, virus spread through respiratory droplets while coughing and sneezing. Therefore, focus has been shifted to use of personal bottle for drinking water rather than plastic bottles that are available in the market. Thermos bottle helps in keeping water warm and makes sure that health security is maintained in public area.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The eventual fate of the worldwide Thermos Bottle Market looks promising with opportunities in the different open-air exercises, for example, outdoors, climbing, fitness, and travel. The significant drivers for the development of this market are expanding prevalence of open-air activities, and promotional activities by brands, for example, direct marketing, product planning and designing and giving more space on rack by significant retail brands. Rising patterns which directly affect the elements of the thermos bottle industry incorporate utilization of bottle with smart and expanding interest for BPAfree water bottle which is 100% eco-friendly and recyclable.

New Product Launches to Flourish the Market

KENT’s scope of thermos bottles and stainless-steel vacuum flasks accompanies sweat or warmth proof body. It keeps up the temperature of the stored drink for quite a while. It keeps the external body of the machine cool to contact if there is a hot refreshment and even makes it sweatproof when there is a chilly drink. To carry the drink effectively and maintain a strategic distance from the danger of spilling drinks, KENT Bottles and Flasks accompanies a release safe top. This guarantees that people don’t have to stress over the chaos cause by seepage.

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Usage and Industrial Applications

The product of this market segment is as often as possible utilized in household purposes and are highly appreciated due to the durable Hot and Cold advantages to keep drinks in same temperature for a considerable length of time. Businesses structure their products for their customer as per their determinations and requirements, which suits their broadened necessities.

Key Benefits of the Report

  • This study presents the analytical depiction of the thermos bottle market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the thermos bottle market share.
  • The current market is quantitatively analyzed to highlight the thermos bottle market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global thermos bottle market analysis based on competitive intensity and how the competition will take shape in coming years.

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Questions Answered in the Thermos Bottle Market Research Report

  • Which are the leading players active in the thermos bottle market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?

SIMILAR REPORTS:-

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Solar Blanket Market to Witness Robust Expansion By 2031 With Prominent Key Players: Flisom, Sunflare, SunPower Corp, Enecom, PowerFilm Solar Inc

Solar blankets are portable power generators that are manufactured using flexible solar panels. It is available in three product types such as rectangle solar blankets, oval solar blankets, and round solar blankets. It is utilized to power the portable gadgets which are used in daily life by consumers and in the military sector by military personnel. The solar blanket market size was valued at $132.4 million in 2021, and solar blanket industry is estimated to reach $274.2 million by 2031, growing at a CAGR of 7.6% from 2022 to 2031.

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Rectangle solar blankets are the most popular type of solar blankets. The utilization of solar blankets in residential and commercial buildings help conserve energy. These blankets are also used to provide a warm environment for the people residing in the buildings, especially those living in cold environments. An oval solar blanket is a type of solar blanket that is designed to be more efficient in covering a larger area. It is usually rectangular in shape, with the two long sides being curved inward to form an oval. This design helps to maximize the amount of sunlight that can hit the blanket’s surface.

Oval-shaped solar panels are utilized as roof solar panels in university cafes and outdoor cafes to provide power to power to the electronic equipment present under the roof. In addition, oval-shaped solar blankets are quite popular for outdoor camping which provides huge space for rest and generate power that can be utilized during the evening hours. Round-shaped solar panels are utilized to power small electronic equipment which is widely used such as smartphones, outdoor camping equipment, and others.

Solar blankets have a wide range of applications in the industrial, commercial, automotive, aerospace, and others. The largest application of solar blanket is in industry, where it is used to power low-power electronic devices as they are embedded in buildings. The increase in the population and rapid industrialization has led to an increase in the investment towards the construction of various manufacturing facilities related to the automotive and aerospace industry which have a significant impact on the demand for power as most of the manufacturing plants are automized. Hence, the surge in the building integrated solar blankets is utilized to power the building. These solar blanket market trends are expected to boost the solar blanket market opportunities during the forecast period.

However, the presence of alternatives such as conventional solar panels which are portable has a negative impact on the development of the market. Furthermore, the risk of utilization of solar blankets in military operations and the presence of conventional battery packs to power devices will hamper the market growth in the military sector.

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The solar blanket market forecast is segmented on the basis of type, product type, application, and region. By type, the market is divided into amorphous silicon, cadmium telluride, copper indium gallium selenide, and others. The copper indium gallium selenide segment accounted for the largest market share in 2021, owing to its vital role in the expansion of solar photovoltaic capacity in unconventional areas.

By application, it is divided into industrial, residential, automotive, aerospace, and others. The industrial segment accounted for the largest revenue share in the global solar blanket market in 2021. Solar blanket has a wide spectrum of applications such as powering industrial buildings and some low-power machines during an emergency.

Region-wise, North America accounted for the largest market share in the market and is projected to grow at a CAGR of 7.1% during the forecast period. An increase in the investment of the government towards green military has benefited the global solar blanket market growth.

Key players in the solar blanket industry are Alta Devices, Enecom, Flisom, FWAVE Company Limited, SunPower Corporation, PowerFilm Solar Inc., Sunflare, Sungold, Flagsun, and Leslie’s Inc. These players have adopted various strategies to gain a higher share or retain leading positions in the market.

Key Findings of the Study

  • As per solar blanket market analysis, on the basis of type, the Copper Indium Gallium Selenide segment emerged as the global leader by acquiring more than 41.5% of the solar blanket market share in 2021, and is anticipated to continue this trend during the forecast period.
  • On the basis of product type, the rectangle solar blanket segment accounted for 52.2% of the global market share in FY2021.
  • On the basis of application, the industrial segment accounted for 31.5% of the global market share in FY2021.
  • On the basis of region, North America is the major consumer of solar blankets among other regions. It accounted for around 36.8% of the global market share in 2021.

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IMPACT OF COVID-19 ON THE GLOBAL SOLAR BLANKET MARKET

The COVID-19 pandemic led to a decline in the demand for the solar blanket market due to a decline in the tourism industry across the globe. In addition, the decline in the transportation sector has had a significant impact on the aerospace and automotive industry which led to a decline in the demand for solar blankets. Furthermore, the outbreak of the pandemic has created awareness among the people regarding the advantages of the utilization of solar blankets to power portable electronic gadgets or on a large-scale power generation which has driven the growth of the global solar blanket market.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Perovskite Solar Cell Market to Partake Significant Development During 2030

Perovskite solar cell (PSC) includes the perovskite-structured material as an active layer based on the solution processed by tin or halide. Perovskite materials offer excellent light absorption, charge-carrier mobilities, and lifetimes, resulting in high device efficiencies with opportunities to realize a low-cost, industry-scalable technology. Perovskite solar cells (PSCs) are the most emerging area of research among different new generation photovoltaic technologies due to its super power conversion efficiency (PCE). The perovskite solar cells efficiency is high in devices using perovskite cells and has improved significantly over period, due to continuous developments in solar energy. The global perovskite solar cell market size was valued at $0.4 billion in 2020, and is projected to reach $6.6 billion by 2030, growing at a CAGR of 32.4% from 2021 to 2030.

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The goal of the perovskite solar cell is to boost cell efficiency while lowering solar energy costs. Solar cells made on perovskite may emit light in a wide variety of wavelengths. They can convert more solar energy into electricity as a result of this. One of the most significant benefits of perovskite solar cells over other solar technologies is their ability to store energy. These solar cells also have characteristics including flexibility, semitransparency, and lightness. These properties of perovskite solar cells are expected to open up new possibilities for a variety of solar cell applications. Gold is now the most popular electrode material in perovskite solar cells. As a result, perovskite solar cells are more expensive than other commercially available solar cells. This is projected to hinder the perovskite solar cell market during the projected period. These are some of the perovskite solar cell market trends observed globally.

The global Perovskite solar cell market is segmented on the basis of structure, product, method, end-use, and region. Based on the structure, the global Perovskite solar cell market is segmented into planar perovskite solar cells and mesoporous perovskite solar cells. The planar perovskite solar cells segment accounted for the largest share in 2020, while the mesoporous perovskite solar cells segment is projected to witness growth at the highest CAGR of 32.8%.

Based on the Product, the global Perovskite solar cell market is segmented into rigid perovskite solar cells and flexible perovskite solar cells. The flexible perovskite solar cells segment accounted for the largest share in 2020, while the rigid perovskite solar cells segment is projected to witness growth at the highest CAGR of 32.7%.

On the basis of method, the global perovskite solar cell market is segmented into solution method, vapor-deposition method and vapor-assisted solution method. The vapor-deposition method segment accounted for the largest share in 2020, while the vapor-assisted solution Method segment is projected to grow at the highest CAGR of 32.9%.

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End use of Pervoskite solar cell includes aerospace, industrial automation, consumer electronics, energy and others. The energy segment accounted for the largest share of the perovskite solar cell market in 2020.

Region wise, the perovskite solar cell market is studied across North America, Europe, Asia-Pacific, and LAMEA. Europe accounted for the largest share of the market in 2020, while Asia-Pacific was the fastest growing region. Asia-Pacific has a well-established and growing demand potential for pharmaceutical and cosmetic products.

The global perovskite solar cell industry is consolidated in nature with a few players, such as Oxford Photovoltaics, FrontMaterials Co. Ltd., Solaronix SA, Xiamen Weihua Solar Co. Ltd., Fraunhofer ISE, Dyesol, Saule Technologies, FlexLink Systems Inc., Polyera Corporation, and New Energy Technologies Inc., which hold significant share of the market. These players have been adopting various strategies to gain higher share or to retain leading positions in the market.

Key Findings Of The Study

  • On the basis of structure, the Planar Perovskite Solar Cells segment emerged as the global leader by acquiring more than 68% of the market share in 2020, and is anticipated to continue this trend during the forecast period.
  • On the basis of product, the Flexible Perovskite Solar Cells segment emerged as the global leader by acquiring more than 56% of the market share in 2020, and is anticipated to continue this trend during the forecast period.
  • On the basis of method, the Vapor-Deposition Method segment emerged as the global leader by acquiring more than 45% of the market share in 2020, and is anticipated to continue this trend during the forecast period.
  • On the basis of end use, the Energy segment accounted for 39% of the global perovskite solar cell market share in FY2020.
  • On the basis of region, Europe is the major consumer of pervoskite solar cell among other regions. It accounted for around 49% of the global perovskite solar cell market share in 2020.

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Impact Of Covid-19 On The Global Perovskite Solar Cell Market

  • COVID-19 has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11th, 2020.
  • Some of the major economies suffering from the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.
  • Pervoskite solar cells are primarily used in supplements, cosmetics, industrial, and personal care slight decline in the growth rate.
  • In many countries, the economy has dropped due to the halt of several industries, especially transport and supply chain. Demand for the product has been hindered as there is no development due to the lockdown.
  • The demand–supply gap, disruptions in raw material procurement, and price volatility are expected to hamper the growth of the chemical industry during the COVID-19 pandemic.
  • Due to a scarcity of resources in various parts of the world, the COVID-19 epidemic has impacted negatively on the manufacturing and industrial industries. The industry’s top players are concerned about the market’s prospects and are rethinking their strategies to meet the challenge.
  • The companies are incorporating various techniques to increase production volume and are attempting to develop innovative solutions at an affordable price that can meet customer requirements at a lower cost and support the overall breakthrough required for increased fragrance product penetration sustainability.
  • The rise in public awareness about health issues is one of the factors propelling the Perovskite solar cell market throughout the forecast period. Increasing use of sterilizing solutions as a result of the coronavirus epidemic is also driving demand for the overall industry. Demand for Perovskite solar cell will be boosted by a positive perspective on bleaching products.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Ship Winch Market- An Emerging Hint of Opportunity

Ship winches are motorized devices with wire rope/chain for lifting or pulling jobs. They are widely used in lifting and pulling equipment that is used on offshore platforms, docks/shores, boats/ships, and ports. It is used for mooring, towing, anchoring, and weight lifting operations. Majority of ship fleet is equipped with ship winches. Number of ship winches used on ships mainly depend on type of operations and requirements. Ship winches primarily comprise power system, drum, chain, cable, manual band brakes, manual clutch, control system, and gypsy wheel. Ship winches and equipment are rugged and durable and are designed to perform well in harshest ocean conditions. Ship winch is coated to make it waterproof and rustproof. High-quality welding material is used in ship winches for safety purposes to make it last for long duration. This material makes ship wenches smooth and reliable during day-to-day operations. It is expected that in the future, year-on-year increase in demand for fleet of inland and coastal waterways would drive demand for ship winches. Growth in deployment of ship winches is highly dependent on requirements of ship winches in existing as well as retrofits vessels such as ships, fishing vessels, and cargo ships.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-toc-and-sample/12094

COVID-19 Impact analysis

Manufacturers in ship winch industry across the globe are being affected severely due to restrictions on production as well as declared lockdowns. The pandemic has had a negative impact on the ship winch market size for the year 2020 due to coronavirus. As governments across the globe have declared lockdowns over past few months, demand and supply cycle of many ship winch manufacturers disrupted. Moreover, cargo ships are less expensive for shipping goods as compared to road and air transits as by ships, more cargo can be carried from one place to another within a short span of time.

Top Impacting Factor

  • Increase in demand for cargo transportation through marines, rise in demand for operational efficiency, and global business deals drive growth of the market.
  • Increase in usage of air transport and high cost and maintenance is expected to hamper growth of the market.
  • Growth in economy, innovation, and development can be seen as an opportunity for the market growth.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 :  https://www.alliedmarketresearch.com/ship-winch-market/purchase-options

Increase in demand for cargo transportation through marines

Demand for conveyance of goods by water has increased. This is because number of cargos are efficiently transferred to other ports, owing to safe & secure nature of marine transportation. Moreover, cargo ships are less expensive for shipping goods as compared to roads and air transits as by ships, more cargo can be carried from one place to another within a short span of time. Latest developments in merchant shipping and cargo ship equipped with latest technologies such as hydraulic winch, automated winch, and other components have created growth opportunities for the global ship winch market. Thus, these all parameters help to lead to increase in demand for cargo transportation through marines and this would directly impact the ship winch market.       

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :   https://www.alliedmarketresearch.com/purchase-enquiry/12094               

Key benefits of the report:

  • This study presents the analytical depiction of the ship winch industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the ship winch market.
  • The current market is quantitatively analyzed to highlight the ship winch market growth scenario.
  • The report provides a detailed ship winch market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the ship winch market research report:

  • Which are the leading market players active in the ship winch market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the ship winch market?
  • What are the projections for the future that would help in taking further strategic steps?

Ship Winch Market Report Highlights

AspectsDetails
By Product TypeElectric Ship Winch Hydraulic Ship Winch
By End UsersCommercial & Merchant Ship Travel & Leisure Ship
By ApplicationMarine Engineering Hoisting Freight Fishing
By RegionNorth America  (U.S., Canada, Mexico) Europe  (France, Germany, UK, Russia, Rest of Europe) Asia-Pacific  (China, Japan, India, Australia, Rest of Asia-Pacific) LAMEA  (Latin America, Middle East, Africa)
Key Market PlayersWartsila, Mitsubishi Heavy Industries, Huisman Equipment B.V., Ingersoll Rand, FUKUSHIMA, Kawasaki Heavy Industries, Kongsberg (Rolls-Royce), MacGregor, Marine Equipments Pellegrini, PALFINGER AG

About Us :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1–800–792–5285
UK: +44–845–528–1300
Hong Kong: +852–301–84916
India (Pune): +91–20–66346060
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Medium Chain Triglycerides Market Overview by Rising Demands and Scope 2031

Medium-chain triglycerides market (MCTs) are dietary fats produced for their value as a healthier alternative to trans fats and are naturally found in some foods such as whole foods and dairy products. The chemical molecule known as triglycerides is made up of three fatty acids and a glycerol backbone. The number of carbon atoms in the aliphatic tail formed by these fatty acids determines the type of triglyceride, which can vary.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐓𝐡𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/31826

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The key players profiled in the medium chain triglycerides industry report include BASF SE, DuPont, Lonza Group Ltd., Croda International Plc, P&G Chemicals, Wilmar International Ltd., Stepan Company, Sternchemie GmbH & Co. KG, Koninklijke DSM N.V., and Emery Oleochemicals.

Rising health concerns about dietary supplements and safe pesticides are driving global demand for medium-chain triglycerides. Medium-chain triglycerides have a weight-management benefit. The medium-chain triglycerides market is being driven by cumulative demand from developing countries’ food and beverage industries, as well as increasing demand for a variety of medium chain triglycerides products such as food, medical, and others, owing to high demand from end-use industries. Additionally, growing demand for MCT oil among health-conscious people due to its properties such as improving metabolism, fat burning, and providing energy, combined with changing food habits and rising awareness toward fitness and a healthy diet, is another important factor boosting global medium chain triglycerides market growth.

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The global medium chain triglycerides market is segmented on the basis of type, source, application and region. As per type, the market is sub-segmented into caproic acid, caprylic acid, capric acid, and lauric acid. By source, the market is classified into coconut oil, palm kernel oil, and others. According to application, the market is divided into dietary supplements, pharmaceuticals, food and beverages, beauty and personal care products, and others.  Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global medium-chain triglycerides market is analyzed across type, source, application, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/31826

The report offers a comprehensive analysis of the global medium chain triglycerides market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working toward the growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the medium chain triglycerides market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Tomato Puree Market – Is Your Company Prepared for Future Growth By 2032.

The Global Tomato Puree Market is experiencing a significant growth, and will grow considerably in next few years owing to the rising trend of consuming ready to eat food. Tomato puree is a thick liquid prepared by cooking and straining tomatoes pulp. Tomato puree is thicker in texture and deep in flavor than tomato sauce and tomato paste. Ripe tomatoes are washed and the sepals and stem removed for preparation of tomato purée. Some processors often peel off the tomato skin. The fruit pulp is then mashed to the desired consistency level or mechanically chopped.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

With increasing urbanization and inflating income level, consumers are increasing their spending on processed, packaged, and ready-to-eat food items, which resulted in rise in the demand for tomato puree. People are willing to pay for food and beverages instead of making them themselves. In addition, the growing urbanization and trend of living outside home town or country for work or study is surging the demand for tomato puree.  Due to the changing lifestyle and the busy schedule of the people, they are opting quick breakfast which saves their time. The easy availability of tomato puree in any store is also pushing the market upward.

The changing lifestyle and hectic schedule have influenced the food habit of the consumers. People are preferring convenience food more than ever, which resulted surging of the demand for processed food and beverages such as tomato puree. In addition, the increasing trend of sharable snacks and beverages is giving traction to the demand of the tomato puree. Moreover, increase in the working class women in the various countries have raised the purchasing of food and beverages products, which are quick, easy, and need less effort to cook, thereby augmenting the growth of the tomato puree.

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New product launches to flourish the market

The leading players are launching new products of tomato puree in the market. To serve the rising demand of tomato puree and to cater to the health conscious consumers, companies are coming up with new organic tomato puree products with increased nutritional content, which are preservatives free ingredients. For instance, in July 2019, Petty Food Group launched new range of tomato puree made with natural ingredients and no added sugar.

Key Benefits of the Report

This study presents the analytical depiction of the global tomato puree industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global tomato puree market share.

The current market is quantitatively analyzed to highlight the global tomato puree market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed global tomato puree market analysis depending on competitive intensity and how the competition will take shape in coming years.

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Key Market Players:

Conagra Brands Inc., Riviana Foods Inc., Conserve Italia Group, Exotic Fruits Pvt. Ltd., Sainsbury’s, Doehler Gmbh., Kiril Mischeff Group, Heinz Wattie’s Ltd., Galla Foods, Del Monte Foods, Inc.

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Cord Blood Banking Services Market to growing at 13.3% CAGR Over 2023-2030, Top Key Players, Regional Analysis, and Growth Opportunity

Rising Demand: There is a growing demand for cord blood banking services from parents who wish to preserve their newborn’s cord blood as a potential source of stem cells for therapeutic purposes. The increasing use of cord blood in treating various diseases, including cancer, blood disorders, and immune system disorders, has fueled this demand.

The global Cord Blood Banking Services Market generated $1.3 billion in 2020, and is projected to reach $4.5 billion by 2030, growing at a CAGR of 13.3% from 2021 to 2030.

Public Cord Blood Banks: Public cord blood banks collect and store cord blood units donated by individuals for public use. These banks make the stored units available for patients in need of stem cell transplantation who do not have a suitable family match. Public banking contributes to the availability of a diverse range of cord blood units for transplantation and promotes the concept of altruistic donation.

Technological Advancements: The cord blood banking industry has witnessed advancements in processing and storage techniques. Innovations such as automated cord blood processing systems, cryopreservation techniques, and sophisticated storage facilities have improved the quality and viability of stored cord blood units.

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Market Drivers:

Increasing Awareness: Growing awareness among parents and expectant families about the potential benefits of cord blood banking is a significant driver. Increased access to information through various channels, including healthcare professionals, media, and online resources, has helped educate the public about the value of cord blood as a source of stem cells for potential future medical use.

Advancements in Stem Cell Therapies: Significant advancements in stem cell research and therapies have fueled the demand for cord blood banking services. Stem cells derived from cord blood have been successfully used in the treatment of various diseases, including leukemia, lymphoma, and immune system disorders. Ongoing research and clinical trials exploring the potential of stem cells for regenerative medicine continue to drive interest in cord blood banking.

Market Segmentation:

Service Type: a. Cord Blood Banking: This includes the collection, processing, and long-term storage of cord blood units for potential future medical use. b. Cord Blood Donation: Public cord blood banks collect donated cord blood units from individuals for general use, making them available for patients in need of stem cell transplantation.

End Users: a. Parents/Families: Private cord blood banking services cater to parents who wish to store their child’s cord blood for potential family use. b. Hospitals and Clinics: Medical institutions may establish partnerships with cord blood banks to offer cord blood collection services to expectant parents.

Storage Type: a. Private Cord Blood Banks: Families who opt for private cord blood banking have exclusive access to their stored cord blood units. b. Public Cord Blood Banks: Cord blood units donated to public banks are available for general use, primarily for patients in need of stem cell transplantation.

Region: The cord blood banking services market can be segmented based on geographic regions, such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region may have its own regulatory framework, market dynamics, and demand for cord blood banking services.

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Regional Growth Dynamics:

Based on region, the market across North America held the lion’s share in 2020, garnering nearly one-third of the total market. The LAMEA, on the other hand, is expected to cite the fastest CAGR of 13.8% during the forecast period.

Competitive Landscape:

CBR Systems, Inc. (Cord Blood Registry)
ViaCord (A subsidiary of PerkinElmer)
Cryo-Cell International, Inc.
China Cord Blood Corporation
Cordlife Group Limited
Cryo-Save AG (A subsidiary of Esperite N.V.)
Americord Registry LLC
Vita 34 AG
LifeCell International Pvt. Ltd.
StemCyte Inc.

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Diabetic Foot Ulcer Treatment Market

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Solar Energy Market Set for Rapid Growth During 2023 – 2032 | First Solar, Inc, SunPower Corporation, JA Solar Holdings Co Ltd

The solar energy market size was valued at $94.6 billion in 2022, and solar energy market is estimated to reach $300.3 billion by 2032, growing at a CAGR of 12.3% from 2023 to 2032. Solar energy is the energy that is derived from the rays of the sun, which is renewable and sustainable. It is an alternative source of energy that has gained popularity across the globe due to its environmental benefits and cost-effectiveness. Solar energy may be harnessed in different ways, such as through solar panels or solar thermal systems, to generate electricity or heat for residential, commercial, and industrial use. The use of solar energy reduces the dependence on fossil fuels and helps to mitigate climate change by reducing greenhouse gas emissions.

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The solar energy market has witnessed significant growth over the years, driven by several factors. The main driver is the increase in demand for clean and renewable energy sources. Governments and organizations worldwide are promoting the adoption of solar energy through incentives, subsidies, and regulations to reduce carbon emissions and mitigate climate change. Another driver is the declining cost of solar energy technology, making it more accessible to a broader range of consumers.

However, there are restraints in the market, such as the intermittent of solar energy, which makes it less reliable and less efficient than traditional sources of energy. In addition, the initial investment required for solar energy systems may be high, making it difficult for some consumers to adopt them. There are opportunities in the market, such as the development of energy storage technologies to address the issue of intermittent and the increasing demand for solar energy in emerging markets, despite these restraints.

The solar energy market forecast is segmented on the basis of technology, solar module, application, end-use, and region. On the basis of technology, the global solar energy market is bifurcated into photovoltaic system and concentrated solar power system. On the basis of solar module, the market is classified into monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, and others. On the basis of application, the market is divided into residential, commercial, and industrial. On the basis of end-use, the market is segregated into electricity generation, lighting, heating, and charging. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA and suggests future solar energy market growth opportunities.

On the basis of technology, the photovoltaic system is expected to have the largest market share due to its wide range of applications from electronic appliances to utility-scale power generation.

On the basis of solar modules, the polycrystalline module is expected to have the largest market share due to its high efficiency and better performance in low-light conditions. The polycrystalline module is also expected to have significant growth due to its lower cost compared to monocrystalline modules. The cadmium telluride and amorphous silicon cells are expected to have a moderate growth rate due to their low-cost and high flexibility in installation.

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On the basis of application, the industrial application for electricity generation is expected to have the largest market share due to the high energy requirements of industrial processes. The residential application for lighting and heating is expected to have a significant growth rate due to the increasing adoption of solar energy systems in households. The commercial application for charging electric vehicles is also expected to grow due to the increase in demand for electric vehicles.

On the basis of end-use, the electricity generation segment is expected to have the largest market share due to the increase in demand for clean and sustainable energy sources. The lighting and heating segments are also expected to have significant growth due to the increase in adoption of solar energy systems for these applications. The charging segment for electric vehicles is expected to have a moderate growth rate due to the increase in adoption of electric vehicles in the transportation sector.

On the basis of region, Asia-Pacific accounts for the largest share of the market, followed by North America and Europe. Asia-Pacific has emerged as a global leader in the solar energy market, due to a surge in energy demand in developing economies such as India, China, and Thailand, owing to a decrease in dependency on conventional energy sources, including coal & crude oil, and an increase in urbanization. In addition, the development of rural electrification activities in countries such as India, China, and Thailand and the rise in government initiatives to promote the use of renewable energy are anticipated to boost the growth of the global solar energy market opportunities from 2023 to 2032.

Key findings of the study

  • As per solar energy market analysis, on the basis of technology, the photovoltaic systems segment emerged as the global leader by acquiring more than four-fifths of the solar energy market share in 2022 and is anticipated to continue solar energy market trends during the forecast period.
  • On the basis of solar module, the polycrystalline segment emerged as the global leader by acquiring more than half of the solar energy market shares in 2022 and is anticipated to continue this trend during the forecast period.
  • On the basis of application, the industrial segment emerged as the largest market share in 2022 which accounts more than two-fifths of the solar energy market share and is anticipated to continue this trend during the forecast period.
  • On the basis of end-use, the electricity generation segment emerged as the largest market share in 2022 which accounts more than half of the solar energy market share and is anticipated to continue this trend during the forecast period.
  • On the basis of region, Asia-Pacific is the major consumer of solar energy among other regions. It accounted for more than two-fifths of the global market shares in 2022.

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Impact of Russia – Ukraine War on Global Solar Energy Market

The ongoing conflict between Russia and Ukraine may potentially have an impact on the solar energy market, but the specific effects are difficult to predict with certainty.

One possible impact may be on the supply chain for solar panels and other components. Both Russia and Ukraine are significant producers of solar panel materials such as silicon, and disruptions to production or transportation could lead to higher prices or shortages. In addition, political instability in the region could lead to changes in energy policies or tariffs that affect the viability of solar energy projects. If the conflict leads to an increase in energy prices or a decrease in government incentives for renewable energy, it may become more difficult to finance and operate solar projects in the affected areas.

However, it is also possible that the conflict could drive investment in renewable energy to decrease dependence on fossil fuels and energy imports. This could lead to increased demand for solar panels and related equipment, as well as new opportunities for solar energy developers.

Competitive Landscape

First Solar, Inc., SunPower Corporation, Canadian Solar Inc., JinkoSolar Holding Co., Ltd., Trina Solar Co., Ltd, Yingli Green Energy Holding Company Limited, Hanwha Q Cells, JA Solar Holdings Co., Ltd., SolarEdge Technologies, and Enphase Energy Inc., are some of the major players discussed in the report.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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US Protein Therapeutics Market Predicted to Grow at CAGR of 7.1% by 2023 – 2030

The global protein therapeutics industry accounted for $283.64 billion in 2020, and is expected to reach $566.66 billion by 2030, growing at a CAGR of 7.1% from 2021 to 2030. The protein therapeutics market has experienced significant growth in recent years and is expected to continue expanding. Factors such as an increasing prevalence of chronic diseases, advancements in biotechnology, and a rising demand for personalized medicine have contributed to this growth.

Monoclonal Antibodies Lead the Market: Monoclonal antibodies (mAbs) dominate the protein therapeutics market. They are highly effective in treating cancer, autoimmune diseases, and inflammatory disorders. The approval of novel mAbs and their increasing use in combination therapies have driven market growth.

Biosimilars Gain Traction: Biosimilars, which are highly similar but not identical versions of approved biologic drugs, are gaining momentum in the protein therapeutics market. They offer cost-effective alternatives to expensive biologics and increase patient access to these treatments.

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Market Drivers:

Increasing Prevalence of Chronic Diseases: The rising prevalence of chronic diseases such as cancer, diabetes, cardiovascular disorders, and autoimmune diseases is a significant driver for the protein therapeutics market. Protein-based drugs offer targeted and specific treatments for these diseases, providing improved therapeutic outcomes.

Advancements in Biotechnology: Advances in biotechnology have revolutionized the development and production of protein therapeutics. Techniques such as recombinant DNA technology, protein engineering, and gene editing enable the creation of novel and more effective protein-based drugs. These advancements drive innovation and expand the range of therapeutic options available.

Market Segmentation:

Product Type:

Monoclonal Antibodies (mAbs): This segment includes monoclonal antibodies used for therapeutic purposes. It is the largest segment in the protein therapeutics market.

Fusion Proteins: Fusion proteins are created by combining two or more proteins to form a single functional molecule.

Peptide-Based Therapeutics: This segment includes therapeutic peptides that are composed of short chains of amino acids.

Growth Factors: Growth factors are proteins that regulate cell growth, proliferation, and differentiation.

Insulin: Insulin is a protein-based hormone used for the treatment of diabetes.

Therapeutic Area:

Oncology: Protein therapeutics used in the treatment of various types of cancer.

Autoimmune Disorders: Therapies targeting the immune system to treat autoimmune diseases such as rheumatoid arthritis, multiple sclerosis, and lupus.
Metabolic Disorders: Protein-based drugs used to treat metabolic diseases like diabetes and obesity.

Cardiovascular Disorders: Therapies targeting cardiovascular diseases such as hypertension and heart failure.

Technology:

Recombinant Protein Technology: Therapeutics produced using recombinant DNA technology.

Protein Engineering: The modification and optimization of proteins for enhanced therapeutic properties.

Antibody-Drug Conjugates (ADCs): A technology that combines monoclonal antibodies with cytotoxic drugs for targeted cancer therapy.

Bispecific Antibodies: Antibodies designed to simultaneously bind to two different targets, allowing for novel therapeutic approaches.

Route of Administration:

Intravenous (IV) Administration: Therapies administered directly into the bloodstream.

Subcutaneous (SC) Administration: Therapies injected into the fatty tissue just below the skin.

Oral Administration: Protein therapeutics formulated in a way that allows them to be taken orally.

Other Routes: Inhalation, intramuscular, and transdermal routes of administration.

Geography:

North America: Includes the United States and Canada.
Europe: Includes countries within the European Union and other European countries.
Asia-Pacific: Includes countries such as China, Japan, India, and Australia.
Latin America: Includes countries in Central and South America.
Middle East and Africa: Includes countries within the Middle East and African regions.
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Competitive Landscape:

Roche Holding AG
Amgen Inc.
Novartis AG
Johnson & Johnson
AbbVie Inc.
Eli Lilly and Company
Pfizer Inc.
Merck & Co., Inc.
Sanofi SA
AstraZeneca PLC

Recent developments:

COVID-19 Vaccine Development: The protein therapeutics market witnessed significant developments in the context of the COVID-19 pandemic. Several companies, including Pfizer/BioNTech, Moderna, and AstraZeneca/Oxford University, developed protein-based vaccines, such as mRNA vaccines and viral vector vaccines, to combat the virus.

Advancements in Bispecific Antibodies: Bispecific antibodies, which can simultaneously bind to two different targets, have gained attention in the protein therapeutics field. Many companies, including Genentech, Roche, and Regeneron, have made progress in developing bispecific antibodies for various therapeutic areas, such as oncology and immunology.

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Blanket coverage on competitive landscape
Winning imperatives
Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

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Penicillin Drug Market

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