A Market Place Research – Page 103

Biomass Gasification Market Detailed Insights on Upcoming Trends 2021 – 2031

The biomass gasification market was valued at $88.0 billion in 2021, and is estimated to reach $188.5 billion by 2031, growing at a CAGR of 8% from 2022 to 2031. Biomass gasification is a process to convert biomass into gases and energy. This is done through combustion at high temperatures under a controlled oxygen supply. This process yields carbon monoxide, carbon dioxide, and hydrogen. The carbon monoxide produced is treated in water where it reacts with water molecules to further produce hydrogen and carbon dioxide. The hydrogen hence produced is used as fuel or feedstock in several applications. Whereas, carbon dioxide is used by plants for photosynthesis.

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Biomass gasification market growth is driven by several factors, such as the presence of biomass in abundance. Since biomass is available in massive amounts, rather than being incinerated or ending up in landfills, biomass, especially MSW source of biomass, is combusted to produce heat and gas. This heat and gases are further used as fuel, feedstock, and other such uses.

The market is highly driven by increased activities in solid waste management, increased electrification in urban as well as rural areas, depleting fossil fuels, and rapid commercialization of biomass gasification. Reducing carbon footprint by producing energy from biomass boosts the growth of the biomass gasification market. Moreover, several governments are considering biomass gasification as a cleaner alternative to producing hydrogen and heat as relatively fewer greenhouse gases are emitted in the process rather than incinerating the biomass. However, high installation and maintenance cost discourages market growth at its full potential. This acts as a restraint for biomass gasification market growth.

The major challenge faced by the biomass gasification industry is that these gasification plants can only be set up majorly for small and medium outputs. The larger plants are expensive and require to be maintained frequently. This remains a great challenge to bring down the cost of the technology and hence commercialize the biomass gasification industry. However, biomass gasification market opportunities lie in overcoming the challenges by advancing and commercializing the existing technologies.

The biomass gasification market size is segmented on the basis of gasifier type, application, source, and region. By gasifier type, the market is segmented into moving or fixed bed, fluidized bed, entrained, and others. By gasifier type, the moving or fixed bed gasifiers segment dominated the market share for 2021. The moving or fixed bed gasifier can be operated at very high temperatures which act as a driving factor for market growth.

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However, they produce a high amount of tar or unfinished char, and thus, during the biomass gasification market forecast, the fluidized bed is expected to grow at a higher CAGR. Fluidized bed gasifiers are complicated systems, but are capable of producing gas with a very high heating value.

Depending on the application, the market is divided into chemicals, liquid fuels, power, and gas fuels. The power sectors garnered the largest market biomass gasification market share in terms of revenue for 2021 and is expected to continue to grow at a higher CAGR. This is attributed to the fact that the heat energy produced will majorly be sourced into the production of electricity as it will prove to be a cleaner form of electricity generation, especially in a scenario where reducing carbon footprint and increasing primary energy production is being sought out.

On the basis of source, the market is further divided into solid biomass, liquid biomass, biogas, municipal waste, and others. The solid biomass segment dominated the market share for 2021 and is expected to grow at a higher CAGR during the forecast period. This is attributed to a large amount of available solid biomass in the forms of wood pellets, wood chippings, corncobs, soybeans, sugar cane, switchgrass, woody plants, and food processing residues.

Region-wise, the biomass gasification market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa). Europe dominated the market for biomass gasification in 2021 and is expected to maintain its dominance during the projection years. This is owing to the presence of major players in the market and the fact that Europe is committed to reducing its dependence on fossil fuels for primary energy following its 2030 and net zero 2050 targets. European Union is a big consumer of primary energy owing to its high energy demands during winter as well as summer seasons owing to its weather, and thus, relying on biomass gasification seems as a much more feasible and environment-friendly option to cut down carbon emissions and produce energy.

The key players in the biomass gasification industry are Beltran Technologies, Inc., Vaskiluodon Voima Oy, EQTEC plc, Chanderpur Works Private Limited, Ankur Scientific Energy Technologies Pvt. Ltd., Infinite Energy Pvt. Ltd., Valmet Corporation, KASAG Swiss AG, Goteborg Energi AB, and Thyssenkrupp AG.

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Key findings of the study:

Europe is projected to grow at the highest CAGR of approximately 8.3%, in terms of revenue during the biomass gasification market forecast period
The power application dominated the biomass gasification market share by over 56.9% in 2021
By source, solid biomass dominated the biomass gasification market and is expected to grow at a CAGR of 8.2% during the forecast period
Patent analysis shows that China holds 61.4% of patents in the biomass gasification market.

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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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Tattoo Needles Market Analysis 2023 | Recorded Hyper Growth in the Future – 2030, Says Allied Market Research.

A tattoo is a form of body modification done by ink, dyes, and pigments. Tattoo needles are used for drawing tattoo. It is connected to a handheld machine and is immersed in ink, with a motor. It has pointed ends that are pierced frequently so that ink can penetrate into the dermis.

Tattoo needles are clustered together and vary in size according to type of tattoo. On the basis of needle size, the tattoo needles are segmented into #12(0.35 mm), #10 (0.30 mm), #8(0.25 mm),#6 (0.20 mm), and others. Out of these, needle size #12 (0.35 mm) accounts for the highest share in the market.

The professional tattoo artists are highly using these products. Thus, the tattoo needles market is expected to grow at a substantial rate during the forecast period.

COVID-19 Scenario Analysis

The closure of parlors and tattoo studios due to lockdown has adversely affected the tattoo markets, ultimately affecting the tattoo needles market.
The export-import is at a halt.
Due to non-production and less demand, there has been loss in revenue and sales.
Although, focusing on expanding e-commerce channels can help to accelerate the sales and retain the existing consumers.

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

A notable increase in population of Generation X and baby boomers and inclination of people toward fashion fuels demand for tattoo needles.Standardization of product quality and its effectiveness, with the introduction of improved capabilities of product boosts the growth of these products. In addition to this, increasing number of parlors and tattoo studios has facilitated the growth of the tattoo needles market. The tattoos are used for pictorial depiction of an individual’s personality. They express many feelings which can’t be said by words. Some people get it to represent specific meanings. Hence, it is very essential to get it using the right quality and size of needle.Standard needles are 0.30 to 0.35 mm thick and chosen according to the type of tattoo and nature of skin.The change in government policies about tattoos is expected to stimulate the demand of global tattoo needles.

Tattoo needles vary in sizes and have different diameters and configurations and applied according to type of tattoo.

Tattoo causes various side effects such as skin rash, blood flow, allergy, and itchiness which are limiting factors in the growth of tattoo needles market. In addition, the religious beliefs associated with tattoo hamper the growth of the market.

The global tattoo needles market trends are as follows:

New Product Launches to Flourish the Market

Rise in number of campaigns and endorsements propel growth of the market.Launch of new variants of products enables the customers to get easily accustomed to. These factors help to drive the market growth. Due to the advancement in technology; the needles are made more efficient. The introduction of professional tattoo needles which do not cause skin reactions is facilitating the growth of these high-end products. The advanced needles provide accurate lining and color to the tattoo so that the ink does not spreads outside the tattoo. The modern needles ensure safety while getting a tattoo and provide a painless tattoo experience.

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Key Benefits of the Report

This study presents the analytical depiction of the global tattoo needles 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 global tattoo needles market share.
The current market is quantitatively analyzed to highlight the global tattoo needles market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global tattoo needles market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Tattoo Needles Market Research Report

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

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Tattoo Needles Market Report Highlights

By Type

Magnum
Flat
Cartridge
Round Liners
Turbo
Round Shaders
Textured

By Needle size

12 (0.35 mm)
10 (0.30 mm)
8 (0.25 mm)
6(0.20 mm)
Others

By Application

Lining
Shading or Coloring

By Region

North America (U.S, Canada, Mexico)
Europe (Germany, UK, France, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, Rest of Asia-Pacific)
LAMEA (Middle East, Brazil, Rest of LAMEA)

Key Market Players

Eikon Device, Mithra, Black Widow, Cheyenne, Magic Moon, Stigma-Rotary, Dongguan Hongtai., Guangzhou Yuelong, Kwadron, Powerline, Barber DTS, Bullet, Cloud Dragon, Wujiang Shenli, Pro Needle, TATSoul, Precision

SIMILAR REPORTS:-

Food Service Equipment Market Worth Observing Growth by 2027

Food service equipment are used for preparation and storage of food products for commercial purposes. This equipment includes cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment, and serving equipment. These equipment are used in the food service industry such as restaurants, hotels, and other commercial kitchens. Development of the hospitality industry and increase in the use of temperature-controlled storage equipment for perishable and processed food items has driven the food service equipment market demand in commercial kitchens. Moreover, rise in the food service industry, coupled with the growing demand for multi-functional, efficient, space & time saving, and reduced labor fuels the food service equipment market growth. Additionally, the food service equipment market analysis is done on the basis of regions, key players and segments.

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The global food service equipment market segments are categorized into product type, end use, and region. By product type, it is classified into cooking equipment, storage & handling equipment, ware washing equipment, and serving equipment. By end use, it is divided into full-service restaurants & hotels, quick service restaurants& pubs, and catering. Region wise, the food service equipment market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Australia, Japan, and rest of Asia-Pacific), and LAMEA (Brazil, UAE, South Africa and Rest of LAMEA).

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Key Benefits of the Report:

This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global food service equipment market for the period of 2019–2027 to identify the prevailing market opportunities.
The report provides an extensive analysis of the current and emerging food service equipment market size, trends and opportunities.
The report provides detailed qualitative and quantitative analysis of the current food service equipment market trends and future estimations that help evaluate the prevailing food service equipment market opportunities in the market.
The food service equipment market forecast is offered along with information related to key drivers, restraints, and opportunities.
The food service equipment market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

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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.

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.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Hong Kong: +852-301-84916
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help@alliedmarketresearch.com

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Exploring the Applications of Axial Flow Pump Market in Agriculture and Irrigation

The global axial flow pump market forecast was valued at $27.4 billion in 2020, and is projected to reach $42.1 billion by 2030, growing at a CAGR of 4.4% from 2021 to 2030. An axial flow pump is a type of centrifugal pump that is designed to move fluid through a system in a direction parallel to the pump shaft. In an axial flow pump, the fluid enters the impeller at the center and is then accelerated by the impeller blades in a radial direction, before being discharged axially through the pump casing.

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Key players operating in the global axial flow pump market include Ebara Corporation, Flowserve Corporation, Grundfos Holdings A/S, Handol Pumps Limited, Hitachi Industrial Products Ltd., ITT Goulds Pump, Pentair PLC, Sulzer Ltd., The Weir Group PLC, and Xylem Inc.

Key characteristics and applications of axial flow pumps:

Flow Direction: As mentioned, axial flow pumps move fluid along the same axis as the pump shaft. This means that fluid enters the pump axially and exits axially, rather than being redirected outward radially as in centrifugal pumps.

Design: Axial flow pumps typically consist of a rotating impeller with blades that resemble those of a propeller. The impeller blades generate lift and push the fluid in the axial direction as they rotate.

Low Head, High Flow: Axial flow pumps are well-suited for applications that require a high flow rate but do not require a significant increase in pressure (low head). Examples include irrigation systems, flood control, cooling water circulation in power plants, and wastewater treatment.

Efficiency: Axial flow pumps are known for their high efficiency when handling large volumes of water or other fluids. They can move a large amount of fluid with relatively low energy consumption.

Sizes: Axial flow pumps come in a range of sizes, from small units used in agriculture and drainage systems to large pumps used in industrial and municipal settings.

Axial flow pumps are commonly used in applications where high flow rates are required, such as in irrigation systems, cooling towers, and large-scale water circulation systems. They are also used in wastewater treatment plants, where they can move large volumes of water through the treatment process.

Axial flow pumps are typically more efficient than other types of centrifugal pumps, such as radial flow pumps, at high flow rates. They can handle large volumes of fluid with low head pressure, but are less effective at generating high pressure. They are also generally less expensive to manufacture than other types of pumps.

Vertical axial flow pumps possess various significant characteristics such as less space requirement, increase overall efficiency, no priming requirement, and others that make them suitable for a wide range of applications.

The utilization of vertical axial flow pumps in sectors such as power plants, chemical industries, water drainage, and others drives the axial flow pump market growth.

Increase in global electricity demand has made power plants produce more electricity where vertical axial pumps are used to transfer the process fluid at different power plant locations.

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Submersible Variants: Some axial flow pumps are designed to be submersible, meaning they can be placed directly in the fluid they are pumping. Submersible axial flow pumps are commonly used in agricultural irrigation, drainage, and wastewater management.

Variable Pitch Blades: In some axial flow pumps, the blades can have variable pitch angles, allowing for adjustments to optimize performance for different flow and head requirements.

Materials: The construction materials of axial flow pumps can vary based on the application. They are typically made of materials like cast iron, stainless steel, or fiberglass-reinforced plastics for corrosion resistance.

Cavitation Control: Axial flow pumps can be susceptible to cavitation, a phenomenon in which vapor bubbles form and collapse within the pump, potentially causing damage. Proper design and operation are essential to prevent cavitation.

Maintenance: Routine maintenance is necessary to keep axial flow pumps operating efficiently. This includes inspections, lubrication, and monitoring for wear and tear.

Asia-Pacific garnered the highest share of 41.9% in 2020, in terms of revenue, growing at a CAGR of 5.3%. The Asia-Pacific axial flow pump market size is projected to grow at the highest CAGR during the forecast period and accounted for major axial flow pump market share in 2020, owing to growing demand for axial flow pumps among different end-use industries such as pulp & paper, food & beverage, and chemical.

By product type, the market is segregated into horizontal and vertical. The horizontal product type dominated the global market in terms of revenue in 2020, with over two-third of the total share. This is attributed to the fact that use of horizontal shaft type axial flow pumps has advantages such as can be placed on simple foundation, easy accessibility for inspection, can be mounted and dismounted easily, and housing for the pump can be lowered.

The vertical product type is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 4.7% from 2021 to 2030.

The others application is anticipated to register the highest CAGR of 5.1% during the forecast period.

The agriculture end use dominated the global market in terms of revenue in 2020, with over two-seventh of the total share. This is attributed to the fact that the increasing population has surged the demand for crop production where axial flow pumps are widely employed for irrigational purposes.

The food & beverages end-use segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.2% from 2021 to 2030.

COVID-19 analysis

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe.

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The axial flow pump market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on chemical, petrochemical, fisheries, and other sectors.

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.

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.

Contact:

Web: www.alliedmarketresearch.com

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https://blog.alliedmarketresearch.com

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Offshore Drilling Fluid Market to Partake Significant Development During 2031

The offshore drilling fluid market was valued at $3.2 billion in 2021, and is estimated to reach $4.8 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031. Offshore drilling fluids are also known as muds that are used for lubrication, cooling, removing cuttings, and conducting other extraction and drilling activities. The rise in desire to increase production rates, efficiency, and reduce gas related capital expenditure has had a significant impact on the expansion of the offshore fluid industry. As a result, increase in demand for crude oil and natural gas in energy extensive industries such as manufacturing, power generation, and transportation has prompted exploration and production companies to increase investments in offshore drilling activities. This is also a key determinant favoring the offshore drilling fluids market growth.

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The fast expansion of the oil and gas sectors in emerging nations also aids the offshore drilling fluid market growth. The increased government investments for upgrading oil and gas sector. This also acts as a key driving factor for the industry growth. In addition the increased effort required to meet growing energy needs also propels the market growth for offshore drilling fluid. However, high cost of drilling and concerns regarding the toxic waste disposal from drilling fluids is a major concern and acts as market restraint. Meanwhile, synthetic-based fluids offer opportunity for growing concerns over toxic waste as they are nontoxic and advancing these can be an alternate and revolutionary step towards the oil & gas extraction activities. The offshore drilling market size is studied on the basis of type, application, end user industry, and region.

Based on type it is categorized into oil-based fluids (OBF), water-based fluids (WBF), synthetic-based fluids (SBF), and others. OBF garnered the highest market share for 2021 ad is projected to grow at a higher CAGR during the studied years. This is owed to the to its improved lubricity. Due to the increasing demand for lesser corrosion of drilling tools, and higher thermal stability it will grow at a CAGR of 4.8% during the forecast period. Oil-based drilling fluid is used in drilling engineering and is the composition of oil and water in continuous and dispersed phases, respectively. Gaseous drilling fluid is studied in the others segment. A wide range of gases can be used for drilling.

Depending on application, the market bifurcation is done into oil and gas extraction, maintain wellbore stability, mineral extraction, and others. Oil & gas extraction dominated the market share for 2021. The same is expected to grow at a higher CAGR during the forecast period owing to increased activities in offshore rigs due to increased investment to boost oil and gas industry growth. Use of mud rotary is mostly preferred for a high yield. It offers advantages such as Cooling and lubricating the bit and drill string, Stabilizing the borehole, Cleaning the borehole, providing gel strength to suspend and remove cuttings, and controlling fluid loss to the formation. This aids in propelling offshore drilling fluid market growth.

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On the basis of end user industry, the market segmentation is done into oil and gas, energy industry, and others. Oil and gas industry had the highest revenue share in 2021 and will continues to grow fastest during the forecast period. This is attributed to rising investments to boost oil and gas industry economy.

Region-wise, offshore drilling fluid market analysis in done for North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa). North America dominated the market share followed by LAMEA. This is expected to continue so during the forecast period as well owing to shale boom and increasing offshore drilling activities within this region. Moreover, massive oil reserves in Canada play a major role in driving the demand in the region.

The offshore drilling fluid market has become highly competitive due to the presence of multinationals and more than 100 companies working in the same industry. The big players are involved in product innovation involving R&D investment to develop multi-functional fluid additives, which offer a competitive edge over other players. The key players operating in offshore drilling fluid industry are Halliburton Company, Aker Hughes Inc., General Electric, Akzo Nobel N.V., China Oilfield Services Limited, National Energy Services Reunited Corp., National Oilwell Varco, Inc., Shell Plc., Gumpro Drilling Fluids Pvt. Ltd, and Weatherford International Ltd.

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Key findings of the study:

North America is projected to grow at the highest CAGR of approximately 4.7%, in terms of during the offshore drilling fluid market forecast period
The oil and gas end user industry dominated the offshore drilling fluid market share by over 81.0% in 2021
By type, oil-based fluid dominated the offshore drilling fluid market and is expected to grow at a CAGR of 4.8% during the offshore drilling fluid market forecast period
By application, the oil and gas extraction segment dominated the offshore drilling fluid market and is expected to grow at a CAGR of 4.6% during the forecast period

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Automotive HVAC System Market : Set to Reach $68.188 Billion by 2027 | MAHLE GmbH, VALEO SERVICE, SENSATA TECHNOLOGIES

According to a recent report published by Allied Market Research, titled, Automotive HVAC System Market by Technology, Vehicle Type and Component: Global Opportunity Analysis and Industry Forecast, 2020–2027.” The global automotive HVAC system market was valued at $43.370 billion in 2019, and is projected to reach $68.188 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027. By technology, the automatic technology segment was the highest revenue contributor in 2019, accounting for $24,623.57 million, and is estimated to reach $39,545.37 million by 2027, registering a CAGR of 6.1% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share.

The Asia-Pacific region is dominating the market in term of revenue, followed by Europe, North America, and LAMEA. In Asia-Pacific, China dominated the automotive HVAC system market in 2019, whereas India is expected to grow at a significant rate during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 – https://www.alliedmarketresearch.com/request-sample/115

HVAC is the technology that is used for automotive cabin comfort for maintaining a pleasant temperature an ambient indoor condition in the vehicle. It is used to facilitate and manage the favorable and pleasant conditions inside the cabin by controlling the degree of the temperature. The basic operation of the HVAC system is convection and conduction. Heat is transferred from the region of low-temperature to the region of high-temperature in the vehicle due to pressure difference. Evaporator, condenser, compressor, and others are the major components of the HVAC system.

Consumers are increasingly spending on more comfort and luxury features in vehicles, propelling OEMs to integrate high-quality climate control systems. Manufacturers are investing in R&D to offer product differentiation in their products such as compact and lightweight HVAC systems. For instance, Denso has developed a novel COA HVAC based on a new blower structure that offers a reduction in heat required by the system by 30%, reducing size and power consumption by 20%. This will enable the company to offer HVAC systems to its clients, providing both environmental performance and energy efficiency. In addition, the growing concerns in consumers regarding indoor air quality are further creating several growth prospects for the automotive HVAC system market.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/automotive-HVAC-market/purchase-options

The automotive HVAC system market is driven by factors such as increase in vehicle production, rise in disposable income, and surge in sales of luxurious vehicles in developing countries. Moreover, increasing demand for thermal system and automatic climate control features in automobile is also propelling to the growth of automotive HVAC system market. However, high maintenance cost of HVAC system restrains the growth of the market. Furthermore, adoption of eco-friendly refrigerants and production of cheaper HVAC systems provides lucrative growth opportunity for the player operating in the automotive HVAC market.

Key Findings of the Study:

In 2019, by technology, the automatic type segment generated the highest revenue.
In 2019, by vehicle type, the electric vehicle segment was the highest revenue contributor.
In 2019, by component, the compressor segment was the highest revenue contributor.
In 2019, region-wise, Asia-Pacific contributed the highest revenue, followed by Europe, North America, and LAMEA.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 – https://www.alliedmarketresearch.com/purchase-enquiry/115

The key players analyzed in the report include Denso Corporation, Valeo services, Hanon Systems (HVCC), Calsonic Kansei Corporation, Sanden Holdings Corporation, Mahle GmbH, Johnson Electric, Sensata Technologies, Inc, Keihin corporation and Air International Thermal Systems.

Understanding the Growth Potential of the Green Hydrogen Market

The global green hydrogen market size was valued at $0.3 billion in 2020, and is projected to reach $9.8 billion by 2028, growing at a CAGR of 54.7% from 2021 to 2028.

Green hydrogen, often referred to simply as “green H2,” is a type of hydrogen fuel produced through a sustainable and environmentally friendly process, primarily using renewable energy sources. It is considered one of the cleanest forms of hydrogen production, as it generates no greenhouse gas emissions during its production process.

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Renewable Energy Sources: The use of renewable energy sources for the electricity needed in the electrolysis process is what distinguishes green hydrogen from other forms of hydrogen production. These renewable sources ensure that the production of green hydrogen is carbon-neutral and does not contribute to greenhouse gas emissions.

Production Process: Green hydrogen is produced through a process called electrolysis, in which water (H2O) is split into its constituent elements, hydrogen (H2) and oxygen (O2), using electricity. This electricity is typically generated from renewable sources such as wind, solar, or hydropower.

Electrolysis: Electrolysis involves passing an electric current through water, causing the water molecules to break apart into hydrogen and oxygen gases. The hydrogen gas is captured and stored for various applications.

Some of the key players operating in the global green hydrogen market are Ballard Power Systems, Enapter, Engie, Green Hydrogen Systems, Hydrogenics, Nikola Motors, Plug Power, SGH2 Energy Global LLC, Shell, and Siemens Gas and Power GmbH & Co. KG.

Rise in concern toward reducing carbon emissions and expansion of green hydrogen production technologies have boosted the growth of the green hydrogen market.

Countries such as the U.S., China, and India are emerging as investment centric hubs due to wide scope of green hydrogen in the manufacturing sector.

Green hydrogen is generated by the electrolysis of water using renewable energy sources such as wind or solar energy.

Presence of favorable government policies encouraging hydrogen economies, as well as environmental concerns about rising carbon emissions from fossil fuel use, are expected to fuel demand for hydrogen.

On the basis of end-use industry, the market is divided into food & beverages, medical, chemical, petrochemicals, glass, and others. The petrochemicals segment is projected to portray the highest CAGR of 55.0% during the forecast period.

Based on technology, the market is classified into proton exchange membrane electrolyzer, alkaline electrolyzer, and solid oxide electrolyzer. The alkaline electrolyzer segment held the lion’s share in 2019, accounting for more than half of the market. In addition, the segment is expected to register the highest CAGR of 54.8% during the forecast period.

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Environmental Benefits: Green hydrogen is considered a clean and sustainable energy carrier. It produces no carbon dioxide (CO2) or other harmful emissions during its production and use. As such, it has the potential to play a significant role in decarbonizing various sectors of the economy, such as transportation, industry, and power generation.

Applications: Green hydrogen has a wide range of applications, including:

Transportation: It can be used as a clean fuel for fuel cell electric vehicles (FCEVs), replacing fossil fuels.

Industry: Green hydrogen can be used in industrial processes, such as chemical manufacturing and refining, as a clean source of high-temperature heat and as a feedstock for various chemical reactions.

Energy Storage: Hydrogen can be stored and used as a means of energy storage, helping to balance the intermittent nature of renewable energy sources like wind and solar.

Power Generation: Hydrogen can be used in gas turbines and fuel cells to generate electricity.

By application, the power generation segment held the highest share in 2020, accounting for nearly two-thirds of the global green hydrogen market, and is expected to maintain its lead position during the forecast period. Moreover, the segment is also expected to witness the largest CAGR of 54.9% from 2021 to 2028.

Electrolyzers are getting highly demanded for power generation as a clean energy source, which in turn, propels the growth of the segment.

By region, the green hydrogen market is dominated by Europe. The area has extensive oil & gas infrastructure, which has enormous potential to be transformed into hydrogen production, storage, and transportation infrastructure while also creating jobs.

The green hydrogen market was slightly affected by the Covid-19 pandemic. The lockdown across several countries posed several challenges for industry participants such as logistical difficulties in end goods, disruption of supply chains, and recruitment of workforce during the pandemic.

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However, the market recovered in the third and fourth quarter, majorly in North America and Europe regions. And with relaxed restrictions the market is expected to recoup rapidly in other regions.

Related Reports:-

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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.

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Global Aviation Infrastructure Market: Industry Trends, Size, Share, Growth, and Forecast By 2030

Allied Market Research published a report on the global Aviation Infrastructure market that provides a detailed analysis of business trends and competitor analysis, as well as a forecast for the future of the global Aviation Infrastructure market based on market and technical analysis. The study also illustrates the market scope in terms of market dynamics, market size and share analysis, segment analysis, and competition landscape. All the information on the global Aviation Infrastructure Market collected by AMR has been peer-reviewed and verified by industry experts after being gathered from highly credible sources.

The Aviation Infrastructure Market : Elevating Global Connectivity and Economic Growth, In the realm of modern economics, the aviation industry stands as a cornerstone, a dynamic force that drives not only nations but the global economy forward. Its importance cannot be overstated, as it facilitates the rapid and efficient movement of people and goods, underpinning trade, commerce, and worldwide connectivity. As the world experiences an ever-increasing volume of air passenger traffic and aircraft, the aviation infrastructure market takes center stage, providing the essential framework that enables this incredible feat.

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Research Methodology:

The global Aviation Infrastructure market was examined through a comprehensive methodology that included both in-depth primary and secondary research. Primary research provided a 360-degree view of the product and service landscape, also concentrating on an in-depth analysis of various market drivers. In secondary research, the process of searching is done using a variety of sources, such as press releases, government websites, and professional journals to gain insights into the industry. This approach has made it possible to acquire a clear, extensive understanding of the global Aviation Infrastructure market.

Airport terminals, the bustling hubs of global air travel, have witnessed an unprecedented surge in activity, resulting in overcrowding and the pressing need for expansion. With a constant influx of passengers, airports find themselves at a crossroads, necessitating upgrades and modernization to meet growing demands. This challenge extends to both established aviation hubs and new airports emerging in smaller cities and townships, all seeking to enhance their connectivity to the world.

Segmental Analysis:

• By Airport Type : Brownfield Airport, Greenfield Airport

• By Application : Maintenance, Hangars, Airport Terminal, Others

• By Industry verticals : Commercial, Defense, Others

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To address these pressing needs, the global aviation infrastructure market is poised for significant growth in the coming years. The critical areas of focus include the improvement of air traffic control systems, the extension of runways to accommodate larger aircraft, and the enhancement of passenger-handling capacities. As nations strive to enhance their transportation networks and provide more efficient, accessible air travel, investments in aviation infrastructure have become a strategic imperative.The Aviation Infrastructure Market, therefore, represents a pivotal force in shaping the future of global transportation and connectivity. Its growth not only translates into improved passenger experiences and increased economic activity but also reinforces the fundamental role of aviation in our interconnected world. As we look ahead, the aviation infrastructure market is set to play an increasingly vital role in sustaining economic development, fostering trade, and bringing the world closer together through the skies.

Key Benefits for Stakeholders:

• This report provides an in-depth analysis of the factors that will drive significant growth of the Aviation Infrastructure market in the forecast period.

• In-depth assessment of growth strategies, market shares, products, and manufacturing capabilities of leading players in the Aviation Infrastructure market.

• Porter’s five forces analysis emphasizes the impact buyers and suppliers have on enabling stakeholders to make profitable business decisions and build a stronger supplier-buyer relationship.

• An in-depth analysis of the competitive landscape in the market and detailed information about vendors.

• A detailed analysis of the factors that will challenge the growth of market leaders in the Aviation Infrastructure market.

• The positioning of market participants makes it easier to understand and gives a clear view of the current position of market participants.

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Key Questions Answered in the Report-

• What are the driving factors, restraints, and opportunities in the global Aviation Infrastructure market?

• What is the size of the global & regional market in terms of revenues, sales, and manufacturing?

• Which region has the largest share of the global Aviation Infrastructure market?

• Who are the key companies in the global Aviation Infrastructure market?

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Automotive Lighting Market : by Light Type, Vehicle Type, Position, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030

According to a recent report published by Allied Market Research, titled, “Automotive Lighting Market by Light Type, Vehicle Type, Position, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global automotive lighting market size was valued at $32.31 billion in 2020, and is projected to reach $58.59 billion by 2030, registering a CAGR of 6.30% from 2021 to 2030.

Asia-Pacific dominates the market, followed by Europe, North America and LAMEA. China dominated the global automotive lighting market share in 2020, whereas India is expected to grow at a significant rate across Asia-Pacific during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 – https://www.alliedmarketresearch.com/request-sample/646

Lighting, being a vital component in automotive vehicles, plays a crucial role in automotive safety. Automotive vehicles consist of various lights, which increase visibility in darkness and bad weather conditions. In addition, the lights can increase the conspicuity of vehicles. The lighting system comprises lighting and signaling devices. The lighting equipment is placed at different vehicle locations, including front, rear, top, and interiors. Lighting provides illumination for drivers, helping other vehicle drivers and pedestrians on the road to detect other vehicles’ positions, the direction of movement, and size. Further, it also adds an aesthetic look to the vehicle’s interior and exterior parts.

Many leading automotive lighting manufacturers are introducing a new range of systems with innovations and advancements. For instance, matrix LED, OLED, and laser lighting are some of the latest and advanced lighting technologies for automotive lighting manufacturers, extended to make lightings more worth-added, secure, and satisfying to clients. Furthermore, several automakers collaborated with tech companies such as Google Inc. to integrate more digital technologies and advanced lighting systems into their vehicles, thereby providing better illumination. In 2019, Hyundai Mobis showcased its latest communication lighting concept that used LEDs, digital boards, headlamp projection, and sound to communicate with nearby pedestrians and vehicles to reduce the number of accidents. In addition, in July 2019, ZKW Group launched its project “Dragonfly” to develop sensor technology headlights for automated driving vehicles, which offers a 360° view of the vehicle with multispectral cameras in headlights to control distance and speed as well as to generate a command for vehicles. Also, HELLA KGAA HUECK & CO. has made several agreements and collaborations to develop and enhance advanced lighting systems in automobiles.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/automotive-lighting-market/purchase-options

Automotive lightings are used to provide a better view while driving and increase safety and security. It includes halogens, xenon/Hid, and LEDs, among which halogens have a more comprehensive application due to their lower cost and easy availability. With increase in production and sales of automobiles across the globe, the demand for adaptive lighting systems increases, leading the players operating in the region to develop new technologies to be applied in automobiles. Meanwhile, in India, the boost in the production of clean energy vehicles, enhancement of incentives for two-wheelers, and launch of production-linked incentive (PLI) scheme for the auto industry foster the growth of automobile production. During the forecast period, LED lighting technology is expected to witness the highest growth in the market. This growth is expected to be fueled by low power consumption, longer life, and compact LED lights. The decrease in cost of LED lights is expected to further fuel the market growth during the forecast period. However, halogen lighting technology is anticipated to maintain its leading position due to its low-cost advantages and widespread adoption.

Front lighting application finds the most extensive application in automotive, followed by rear lighting. Government regulations and increase in demand related to efficient front lighting in vehicles drive the growth of the automotive lighting market. The interior lighting segment is also expected to witness growth due to increase in trend of installing LED lights inside the vehicle to enhance the looks. With their dominant market share in the total vehicle segment, passenger vehicles are to be the most prominent vehicle type segment for automotive lighting. The rise in demand for aesthetic lighting features is expected to support the demand for lights in private and commercial cars.

Factors such as growing emphasis towards road safety, government regulations, and growing automobile production foster the growth of automotive lighting market. However, high cost of LEDs hinders the growth of market. Furthermore, the rise in demand for automotive in developing nations is the factor that is anticipated to provide a remarkable growth opportunity for the players operating in the automotive lighting market.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/646

Key Findings Of Study

On the basis ofvehicle type, the electric vehicle segment is expected to register a suitable growth rate during the forecast period.
On the basis ofposition, the side lighting segment is expected to register a suitable growth rate during the forecast period.
On the basis ofsales channel, aftermarket is expected to register a suitable growth rate during the forecast period.
On the basis ofregion, LAMEA is expected to register a suitable growth rate during the forecast period.

Covid-19 Impact Analysis

The COVID-19 crisis is creating uncertainty in the automotive lighting market by slowing down the supply chains, hampering business growth, and increasing panic among the customer segments.
Governments across different regions announced total lockdown and temporarily shutdown of industries, which adversely affected the overall production and sales.
The global business outlook has changed dramatically post COVID-19 health crisis.
Moreover, the overall production activities of market players have declined, owing to operations with limited workforce capacity and inadequate health safety measures along with current demand dynamics of the automotive industry.
With the advent in pandemic, the automobile & transportation sector came to halt due to the imposed lockdown across the globe, which has also created an adverse effect on the automotive industry across the globe.
As per the current scenario, overall world is getting back on track slowly with the new restriction and policies to support the economic activities in all industries.

The key players analyzed in this automotive lighting market report are DENSO Corporation, Hella KGaA Hueck & Co., Hyundai Mobis, Koito Manufacturing Co., Ltd., Koninklijke Philips N.V., Osram Licht AG, ROBERT BOSCH GmbH, Stanley Electric Co., Ltd., Valeo, ZKW, and others.

Exploring the Latest Innovations in the Solar Battery Market

The global solar battery market size was valued at $113.4 million in 2019, and is projected to reach $360.4 million by 2027, growing at a CAGR of 15.5% from 2020 to 2027.

A solar battery, also known as a solar energy storage system or solar battery storage, is a device that stores excess electricity generated by solar panels for later use. Solar batteries play a crucial role in enhancing the efficiency and reliability of solar power systems by allowing homeowners and businesses to store surplus energy during sunny periods and use it when the sun is not shining, such as during the night or cloudy days.

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Solar batteries are a valuable component of solar energy systems, helping to maximize the utilization of clean energy, increase energy independence, and provide backup power. They are a key element in the transition to more reliable and sustainable energy solutions.

Some of the key players profiled in the report include BYD Company, Kokam.Co, Carnegie Clean Energy, Primus Power, LG Chem, and EnerSys.

Asia-Pacific dominated the solar battery market with more than 40% market share.

The global solar battery market is heading toward an expansion phase. This is attributed to a significant surge in demand from residential and commercial end-users.

Rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero emission norms is expected to drive the market growth.

Growing demand for sustainable energy storage solutions is the major factor driving the solar battery market growth.

As governments across the globe are promoting sustainable energy sources, the demand for solar power battery is expected to increase over the projected timeframe.

The application of solar battery can effectively reduce the demand for coal, oil, and other imported fossil energy resources.

The implementation of solar battery storage systems will provide new employments, which can open new investment opportunities in the economy.

The Lead Acid battery segment is projected to grow at the highest CAGR of approximately 17.8%, in terms of revenue, during the forecast period.

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By end-user, the industrial segment held more than 40% market share with a CAGR of 15.7%, in terms of revenue, during the forecast period.

Solar battery is generally used to store solar power and discharge the power as per requirement. It is made of lithium ion or lead acid. It is rechargeable and can be generally used in solar cell systems to store excess energy.

Some of the major applications of solar battery include solar charging stations, storage for power plants, and storage system for off-grids.

COVID-19 scenario analysis

The global solar battery industry had immediate impact of COVID-19 due to social distancing norms and shortage of manpower. These led to delayed installations and cancellation of new projects.

The upstream and downstream channels have been affected due to restrictions on movement, which lead to increase in the amount of inventories.

Shifting trend toward remote working is considered a vital solution to improve the market conditions. Various automation companies utilize remote connectivity to ensure the access to field operators and service engineers who cannot be on site at this time.

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The sharp decline in consumer expenditure highly affected the demand. Reduced expenditure of consumers during the lockdown highly impacted the solar battery market for solar products, including various solar storage systems.

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.

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.

Contact:

Web: www.alliedmarketresearch.com

Allied Market Research Blog:

https://blog.alliedmarketresearch.com

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