Bifacial Solar Market Showing Impressive Growth during Forecast Period 2021 – 2031

Bifacial solar panels are the latest technology designed with high-efficiency solar cells installed on both sides of a module to produce electricity at the same time. It can capture light as it reflects off the roof or ground surface under the panel and absorbs light from the rear and front sides, allowing diffused light to be used. Bifacial solar cells use high-watt modules and high-efficiency panels in solar panels and cell development. The rise in demand from commercial & industrial sectors for electricity propels the growth of the market, especially during peak times. The increase in demand for solar-based electricity across the globe has led companies to introduce the latest advanced solar modules that focus on cost, efficiency, and design. Moreover, the reduction of energy cost and rise in affordability has accelerated the bifacial solar market forecast growth.

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Bifacial solar is a rapidly growing technology that can improve electricity production by utilizing light irradiation from both sides of the panel. Bifacial solar panels have two production peaks one in the morning and evening compared to conventional which has only one production peak at noon. Hence increasing the efficiency of electricity production through renewable resources through vertical east-west mounting. The increasing utilization of solar-based renewable energy in residential sectors will have a positive impact on the bifacial solar market.

Feed in Tariff (FiT) is one of the major attractions of taking up renewable energy such as solar panels. The initiative essentially meant that electricity produced by solar panel systems was paid for by governments to help offset the cost of buying the system. In addition, the European Union initiated the “Green Deal” program to reduce carbon emissions and harness the residential potential to harvest solar energy. Various other initiatives of the government to improve the environment in rural areas and provide electricity for basic electronic gadgets are the factors that drive the growth of the bifacial solar market trends.

The bifacial solar market is proliferating on a global platform witnessing an increase in installations of bifacial modules globally. Bifacial solar modules offer several advantages compared to traditional solar panels, including power production from both sides, and an increase in total energy generation. Bifacial modules can generate more power in a smaller array footprint; reduce the balance of system (BOS) costs. In addition, these modules are extremely durable, with UV resistance applied on both sides. Frameless bifacial modules are considered beneficial for reducing potential-induced degradation (PID) concerns. Many research institutes are increasing studies to improve the functionalities of bifacial solar modules that can decrease the level of cost of electricity (LCOE). The presence of the above-mentioned initiatives and applications is expected to provide ample opportunities for the development of the market.

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The global bifacial solar market is segmented on the basis of cell type, frame type, end-use, and region.

On the basis of the cell type of bifacial solar, the market is segmented into heterojunction cells and passivated emitter rear cells. On the basis of frame type, it is bifurcated into framed and frameless. On the basis of end-use, it is segmented into residential, commercial, and industrial.

Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Europe accounts the largest share of the market, followed by North America and Asia-Pacific.

Major companies in this report included Jinko Solar Holdings, Canadian Solar, Yingli Green Energy, LG Electronics, LONGi, JA Solar Holding Co. Ltd., Sharp Corporation, Sun Power Corporation, Trina Solar, and Wuxi Suntech Power Co., Ltd.

 The rapid development of industrialization, modernization, and the spread of information through the internet led to the development of the tourism industry, which fuels demand for bifacial solar. Furthermore, growth strategies such as the expansion of production capacity, acquisitions, partnerships, and research & innovation in solar energy applications led to a significant development in trends of the global bifacial solar market.

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Key findings of the study

  • Europe would exhibit a CAGR of 13.2% during 2022-2031.
  • As per global bifacial solar market share analysis, by cell type, the Passivated emitter rear cell segment accounted for the largest share in 2021.
  • As per global bifacial solar market analysis, by frame type, framed type bifacial solar was the leading segment in 2021.
  • The industrial end-use segment was the highest revenue contributor in 2021.

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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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Data Analytics in Banking Market New Highs – Current Trends and Growth Drivers Along with Key Industry Players

Allied Market Research published a report, “Data Analytics in Banking Market by Component (Solution, Services), by Deployment Model (On-Premise, Cloud), by Organization Size (Large Enterprises, Small & Medium Sized Enterprises), by Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics, Others), by Application (Fraud Detection & Prevention, Customer Management, Sales & Marketing, Workforce Management, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

As per the latest report, Over the next few years, the market will witness a major spike in CAGR. Technological innovations and increased disposable income would contribute significantly to market growth. The report offers a comprehensive study of major market players, key trends, and driving factors.

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The global Data Analytics in Banking Market market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.

The market growth is analyzed using several strategic tools and methods. The SWOT analysis and Porter’s Five analysis are offered in the report. These tools offer a detailed analysis of major determinants of market growth and are essential for leveraging lucrative opportunities in the market.

The Report will help the Leaders:
• Figure out the market dynamics altogether
• Inspect and scrutinize the competitive scenario and the future market landscape with the help of different strictures including Porter’s five forces
• Understand the impact of different government regulations throughout the global health crisis and evaluate the global & Asia-Pacific radar market condition in the tough time
• Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services
• Have a compact idea of the highest revenue-generating segment

The global Data Analytics in Banking Market market report provides detailed segmentation of the market.

Key Segmentation

ApplicationFraud Detection & Prevention Customer Management Sales & Marketing Workforce Management Others
ComponentSolution Services
Deployment ModelOn-Premise Cloud
Organization SizeLarge Enterprises Small & Medium Sized Enterprises
TypePredictive Analytics Prescriptive Analytics Descriptive Analytics Others
By RegionNorth America  (U.S., Canada) Europe  (United Kingdom, Germany, France, Italy, Spain, Russia, Rest of Europe) Asia-Pacific  (China, Japan, India, Australia, South Korea, Singapore, Rest of Asia-Pacific) LAMEA  (Latin America, Middle East, Africa)

The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.

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The Covid-19 pandemic had a significant impact on the growth of the global Data Analytics in Banking Market market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.  

The global Data Analytics in Banking Market industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.

The global Data Analytics in Banking Market market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are Adobe Inc., Alteryx, Inc., Amazon Web Services, Inc., Aspire Systems, Dell Inc., Google, IBM, Microsoft Corporation, Mu Sigma, Oracle Corporation, SAP SE, SAS Institute Inc., Sisense Inc., Tableau software, LLC (Salesforce), Zoho Corporation Pvt. Ltd, KNIME AG, TIBCO Software Inc.. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the Data Analytics in Banking Market industry.

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Audio DSP Market Share, Industry Growth And Technology Forecast to 2031 | Analog Devices, Renesas Electronics

As per the report by Allied Market Research, Titled ”Audio DSP Market By Type (Discrete and Integrated) and End Use (Computer, Phones, Tablets, Over-Ear Headphones, TWS, Home Entertainment, Commercial, Automotive, Portable, Smart Home, IoT, Wearable, and AR/VR): Global Opportunity Analysis and Industry Forecast, 2020-2027”.

The global audio DSP market is expected to witness substantial growth from 2022 to 2031. Rapid technological innovations and increase in demand are the major factors that propel the growth of the market. The audio DSP market study offers an in-depth analysis of the major market trends, driving factors, top 10 market players, and prime investment pockets.

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The audio DSP market report provides a comprehensive study of the market on the basis of various parameters such as sales, market size, sales analysis, and key driving factors. In addition, the report provides Porter’s five forces analysis, SWOT analysis, a business overview of services and products, and portfolio and financial analysis. These statistical tools offer vital information about major market players and aid leverage of lucrative opportunities in the market. The report helps industry players and new industry entrants to formulate fruitful business strategies.

Key Market Segments Includes:

By Type
• Discrete
• Integrated

By End Use
• Computer
• Phones
• Tablets
• Over-Ear Headphones
• TWS
• Home Entertainment
• Automotive
• Commercial
• Portable
• Smart Home
• IoT
• Wearable
• AR/VR

The audio DSP market is analyzed on the basis of geographical penetration along with a study of market influence in the various regions such as North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

The global audio DSP market report includes a detailed study of major market players such as Texas Instrument, Altera Corporation, NXP Semiconductors, Broadcom Corporation, Analog Devices, Renesas Electronics, Xilinx Incorporated, Toshiba Corporation, LSI Corporation, and CEVA Incorporated along with inclusive information on their company description, market share, key developments, and financial breakdown. The competitive analysis of these companies offers a business overview along with a portfolio analysis of their services and products. These market players have adopted several business strategies such as mergers & acquisitions, joint ventures, new product launches, and collaborations to maintain their foothold in the market.

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The report offers a comprehensive analysis of the dynamic driving and restraining factors, along with the study of major challenges and lucrative opportunities. Furthermore, the report provides a SWOT analysis that aids to gain the driving and restraining factors in the industry. The report highlights market segmentation and the study of prime market players. Furthermore, the report includes an in-depth analysis of the Covid-19 outbreak impact on the global audio DSP market. The global audio DSP market report offers a brief overview of the market and highlights the market definition and scope.  

Key Offering of the Report:

  1. Major driving factors: A detailed study of determinants of the market factors, forthcoming opportunities, and challenges.
  2. Current market trends & forecasts: An in-depth analysis of the market including recent market trends and forecasts for the next few years that help to make an informed decision.
  3. Segmental Analysis: A detailed study of each segment along with driving factors and growth rate analysis of each segment.
  4. Geographical analysis: Insightful study of the market across various regions that enable market players to benefit from the market opportunities.
  5. Competitive landscape: A detailed study of major market players that are active in the audio DSP market.

Final Report will add the analysis of the impact of COVID-19 on this industry.

Audio DSP market Research Report includes an outline of the industry based on major parameters including market size, sales, sales analysis and key drivers. The market size is expected to grow on a large scale during the forecast period (2021-2027). This report also offers the latest impacts of COVID-19 on the market. The outbreak of the pandemic has affected numerous aspects of life across the globe. This, in turn, has urged the markets to adopt new norms, trends, and strategies. Essentially, the research report intends to provide a view of initial and future assessments of the market.

The report includes a comprehensive analysis of the impact of the Covid-19 pandemic on the industry. The prolonged lockdown across the market and strict regulations on international trade have a major impact on the global audio DSP market. The Covid-19 pandemic led to the disruption of the supply chain and value. In addition, the Covid-19 pandemic resulted in increased prices of raw materials and led to a shortage of skilled workforce. The audio DSP market report offers consumer preferences, trends, and budget impact on the market due to the Covid-19 pandemic.

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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.

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Advanced Phase Change Materials Market Analysis 2022: Industry Size, Trends, Application, Growth Drivers, Future Trends and Region-Forecast, 2022-2030 

Global advanced phase change materials market is projected to garner $4.5 billion by 2030, growing at a CAGR of 12.61% from 2021 to 2030.The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. 

Significant surge in industrialization across the globe, remarkable growth in the demand for efficient temperature control materials, increase in need for proper transportation and refrigeration, rise in the emphasis on energy conservation and sustainable development among people are expected to drive the growth of the global advanced phase change materials market. On the other hand, extortionate product costs are predicted to hinder the growth to some extent. However, persistent technological advancements in phase change materials are predicted to create ample opportunities for the growth of the industry. 

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The report offers a detailed segmentation of the global advanced phase change materials market based on application, type and region. 

Based on application, the building and construction segment held the largest market share in 2020, garnering more than one-fourth of the total market. The electronics segment, on the other hand, is predicted to cite the fastest CAGR of 14.08% during the forecast period. 

Based on type, the organic PCM segment held the majority share in 2020, holding nearly half of the total market. The Bio-based PCM segment, on the other hand, is projected to exhibit the fastest CAGR of 13.24% during the forecast period. 

Based on region, the market across Europe held the lion’s share in 2020, garnering more than one-third of the total market. The Asia-Pacific region on the other hand, is anticipated to cite the fastest CAGR of 13.29% during the forecast period. 

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COVID-19 Scenario 

  • The outbreak of COVID-19 has had a negative impact on the growth of the global advanced phase change materials market, owing to the presence of lockdowns in various countries across the globe. 
  • Lockdowns led to the closure of almost all chemical industries across the globe due to the stringent restrictions imposed by the government so as to curb the spread of the virus during the pandemic. 
  • In addition, strict regulations on international trade from the government further aggravated the impact on the market. 
  • However, the market is anticipated to recoup soon. 

The key players analyzed in the global advanced phase change materials market report include Outlast Technologies LLC., Advansa B.V., E. I. Du Pont De Nemours and Company, BASF SE, Entropy Solutions, Sonoco Products Company, Phase Change Energy Solutions, Cryopak Inc., Microtek Laboratories, Inc., and Pluss Advanced Technologies Pvt.  

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Gas-Phase-Grown Carbon Fiber 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 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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. 

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. 

Adaptive Robotics Market Expectations & Growth Trends Highlighted Until Registering a CAGR of 26.3% 2030

The adaptive robotics market size was valued at $4.9 billion in 2020, and is expected to reach $ 55.0 billion by 2030, registering a CAGR of 26.3% from 2021 to 2030. North America is anticipated to dominate the global adaptive robotics market in 2020.Adaptive robots are third generation of robots that are integrated with technologies such as IoT and artificial intelligence, which sense and act on their environment without human interaction. Adaptive robots are more compact, precise, and able to work faster, and quick decision taker in various industries such as automotive, manufacturing, and food & beverages.

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Increase in adoption of collaborative robots in the industries has significantly boosted the demand for adaptive robots. In addition, rise in trend of automation in manufacturing and logistic industries has helped to carry out operations at faster rate and with higher accuracy with the help of adaptive robots. Thus, all these factors collectively are anticipated to notably contribute toward the growth of the global adaptive robotics market during the forecast period. Moreover, rise in R&D investment in artificial intelligence and robotics in various regions such as North America and Europe fuels the growth of the global adaptive robotics market. For instance, in September 2020, Europe allocated around $2.78 billion for artificial intelligence and robotics sector.

However, high initial investment cost to setup robotic systems in industries acts as a major restraint of the global adaptive robotics market. Utmost care needs to be taken while handling the robot arm, as it is highly prone to damage while carrying out heavy operations, which further hampers the sale of robot end effectors, thereby limiting the market growth. Furthermore, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering the global adaptive robotics market growth. However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

On the contrary, integration of IoT in manufacturing is expected to propel the demand for adaptive robots, which is likely to act as a major opportunity for growth of the adaptive robotics market.

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The global adaptive robotics market is segmented into application, component, end user, and region. By application, the market is segregated into handling, assembling, welding, and others. The handling segment dominate the market in 2020. On the basis of component, it is segregated into hardware and software. Software segment dominates the market in 2020. Depending on end user, it is divided into automotive, electronics, pharma, metal & machinery, and others. Automotive segment dominates the market in 2020.

Region wise, the global adaptive robotics market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to dominate the market throughout the forecast period.

Leading Players:

The key players profiled in this report include ABB, Kuka AG, Robotiq Inc, SCHMALZ, Soft Robotics Inc, Weiss Robotics GmbH & Co Kg, Universal Robots A/S, Yaskawa Electric Corporation, SoftBank Group Corp, and Rethink Robotics GmbH.

Key Findings Of The Study

  • By component, software segment was the highest revenue contributor in 2020.
  • On the basis of application, handling segment was the highest revenue contributor in 2020.
  • By end-user, automotive segment dominated the market in 2020.
  • North America generated the highest revenue in 2020.

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.

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Boat Speedometer Market Brief Analysis and Top Vendors, Growth by 2030

The global Boat Speedometer Market was valued at $353.3 million in 2020, and is projected to reach $558.5 million by 2030, growing at a CAGR of 4.6% from 2021 to 2030. In 2020, Europe dominated the global boat speedometer market accounting for 56.5% share of the market.

Boat speedometer products are largely used in marine, boats, ships, sailbaots, and yachts. A boat speedometer is a device used to measure a boat’s speed relative to water. Boat speedometer is used on submarine and surface boats. Boat speedometer is available in two display modes, analog display and digital display.

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Top Companies

The key players profiled in the market report include Faria Beede Instruments, Inc, Veethree Group, Flir Systems Inc (Raymarine Plc), Nasa Marine Ltd, Gaffrig Performance Inc, Cruzpro Limited, Autometer Products, Compx International Inc (Livorsi Marine Inc), nKe Marine Electronics, and SAN GIORGIO S.E.I.N. srl.

Rise in disposable income of population coupled with surge in spending on tourism activities boosts the demand for boat speedometer in sailboats and keelboats, thereby driving the growth of the global boat speedometer market. For instance, disposable income of Spain registered a growth of 5.9% from 2017 to 2020. Increase in trend of recreational boating across the globe is expected to boost the growth of the boat speedometer market. Boat speedometer is able to perform with 12V or 24V on all types of boats, which assists in maintaining the control and speed of boats and sailboats, thereby fueling the growth of the boat speedometer market.

Rise in sea borne trade augments the demand for boat and yacht systems, which is expected to contribute to the growth of the global boat speedometer market. Pressure gauges, voltmeters, pitometer, tachometer, and GPS speedometer some of the boat speedometer products available in the market that have been widely adopted in boat and yacht systems to maintain the speed of boats and keelboats. 

The major players, such as Cruzpro Limited, Nasa Marine Ltd, and Flir Systems Inc, offer boat speedometer products for boats, sailboats, and recreational boats to the market. For instance, West Marine Inc offers GPS speedometer, Sierra Universal MPH GPS boat speedometer. It has a diameter of 3.375 inches and is waterproof. It is easy to install and assembles on boats and ship. It is able to work with 12 V and 24V on all types of boats.

Various manufacturers in the global boat speedometer market had to shut down their business activities due to lockdown initiated in countries such as the UAE, India, and Brazil. This directly impacted the sales of boat speedometer, globally. For instance, the net sales of Compx International Inc decreased by 7.8% from January 2019 to January 2020. In addition, lack of raw materials, disruption in supply chain, and lack of manpower halted the supply chain of boat speedometer products. However, availability of vaccines for coronavirus disease is projected to lead to the opening of the global boat speedometer market at full-scale capacities by the end of 2021 or start of 2022.

However, fluctuation in raw material prices and availability of substitutes, such as impeller log and propeller log, are anticipated to restraint the growth of the boat speedometer market. On the contrary, rise in water sports activities globally is anticipated to create growth opportunities for the global market.

The global boat speedometer market is segmented into application, type, distribution channel, and region. On the basis of application, the market is divided into motor boats, sailboats/yachts, and others. The motor boats segment dominated the market in 2020. On the basis of type, the market is fragmented into analog and digital. The digital segment generated the highest revenue in 2020. Depending on distribution channel, the market is segregated into offline and online. The offline segment dominated the market in 2020.

Region-wise, the global boat speedometer market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Europe was the highest contributor to the global boat speedometer market share, and is anticipated to secure a leading position during the forecast period.

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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 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.

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Credit Rating Software Market Technology, Key Manufacturers Report 2021-2030: Special Focus on USA, Europe, Japan Market

Allied Market Research published a report, “Credit Rating Software Market By Offering (Software and Services), Deployment Model (On-Premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium-Sized Enterprises [SMEs]), and End User (Banks, Insurance Companies, Credit Unions, Savings & Loan Associations, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030”.

As per the latest report, Over the next few years, the market will witness a major spike in CAGR. Technological innovations and increased disposable income would contribute significantly to market growth. The report offers a comprehensive study of major market players, key trends, and driving factors.

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The global Credit Rating Software Market market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.

The market growth is analyzed using several strategic tools and methods. The SWOT analysis and Porter’s Five analysis are offered in the report. These tools offer a detailed analysis of major determinants of market growth and are essential for leveraging lucrative opportunities in the market.

The Report will help the Leaders:
• Figure out the market dynamics altogether
• Inspect and scrutinize the competitive scenario and the future market landscape with the help of different strictures including Porter’s five forces
• Understand the impact of different government regulations throughout the global health crisis and evaluate the global & Asia-Pacific radar market condition in the tough time
• Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services
• Have a compact idea of the highest revenue-generating segment

The global Credit Rating Software Market market report provides detailed segmentation of the market.

Credit Rating Software Market Key Segments

By Offering

  • Software
  • Services
  • Professional Services
  • Managed Services

By Deployment Model

  • On-premise
  • Cloud

By Enterprise Size

  • Large Enterprises
  • Small & Medium-Sized Enterprises (SMEs)

By End User

  • Banks
  • Insurance Companies
  • Credit Unions
  • Savings & Loan Associations
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe 
  • Asia-Pacific
    • China
    • Japan
    • India
    • South-East Asia
    • Rest of Asia-Pacific   
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.

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The Covid-19 pandemic had a significant impact on the growth of the global Credit Rating Software Market market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.  

The global Credit Rating Software Market industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.

The global Credit Rating Software Market market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are Abrigo, ACTICO GmbH, FICO, Fitch Ratings Inc., Loxon Solutions Zrt, Moody’s Analytics Inc., Pegasystems Inc., SAP, Soft4Leasing, and Softlabs Technologies & Development Pvt. Ltd.. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the Credit Rating Software Market industry.

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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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Smart Highway Construction Market Registering a CAGR of 17.3% by 2030

The global smart highway construction market size was valued at $20,172.0 million in 2020, and is projected to reach $1,04,777.0 million by 2030, registering a CAGR of 17.3% from 2021 to 2030.

Smart highways consist of sensors, smart computing technologies, and smart monitoring systems, which are all integrated into a single monitoring unit in smart motorways. As a result, solutions including traffic control, communication, and transportation management are becoming more popular. Vendors of traffic technology are offering innovative modifications to minimize rising traffic, with roads being one of the most appealing areas. The countries with inefficient systems of transportation and logistics face many challenges. Thus, governments of many countries are investing in developing smart highways. As trade enables overall economic growth for any country, smart highways are gaining momentum to propel trading activities.

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Moreover, rise in incentives for building smart cities propel the smart highway construction market growth. For instance, in 2019, China announced 500 smart cities pilot projects, which will be funded by the government in the region. Similarly, UAE’s goal to achieve the objective of the Smart Dubai Plan 2021 will fuels the adoption of smart highway construction in the Middle East region.  Further, increase in commercial construction activities has led to surge in demand, which is anticipated to boost demand for smart highway construction in developing countries. For instance, the commercial construction industry in India is expected to grow by nearly 4.0% from 2016 to 2022. All such instances are anticipated to contribute toward growth of the smart highway construction market.

Many players in smart highway construction market are using various strategic moves such as agreement, collaboration, partnership, and product development to strengthen their position in smart highway construction market. For instance, in August 2021, Colas agreed to purchase Destia, a key participant in Finland’s road and rail industries. In Finland, the Destia Group is a prominent participant in road, rail, and energy infrastructure. Such mergers and agreements provide lucrative growth opportunities for the smart highway construction market growth.

However, owing lockdowns imposed in countries such as China, the U.S., and India due to coronavirus, numerous manufacturers in the global smart highway construction market had to halt their business production. This disruption has led to a direct impact on sales of smart highway construction equipment. However, it is expected that reopening of production facilities and introduction of coronavirus vaccines would lead to reopening of smart highway construction firms.

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Leading Players:
Key companies profiled in the smart highway construction market report include Transstroy, Alcatel-Lucent Enterprise, Huawei Technologies Co. Ltd., VINCI Construction, IBM, Heijmans N.V., ABB Ltd., Cisco Systems, Inc., Colas, Nippon Koei Co. Ltd.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging smart highway construction market trends and dynamics. 
  • Depending on solution, the monitoring & detection systems segment dominated the smart highway construction market, in terms of revenue in 2020.
  • By technology, the smart transportation system segment registered highest revenue in 2020.
  • On-premise sector is projected to register highest growth rate in the coming years.
  • The key players within the smart highway construction market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the smart highway construction industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market. 
  • In-depth smart highway construction market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

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.

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Cone Crushers Market Industry Analysis, Size, Share, Growth, Key Trends and Forecast To 2030

The cone crushers market size was valued at $1.7 billion in 2020, and is expected to reach $2.9 million by 2030, registering a CAGR of 5.5% from 2021 to 2030. Cone crushers are highly effective at using compression to crush material into a consistent product. For this reason, cone crushers are the most commonly used crushing plant for secondary and tertiary crushing stages in both the aggregate and recycling industries.

The cone crushers market is mainly driven by factors such as increase in government expenditures for infrastructural development, such as improvement of tunnels, mining operations, and other construction activities has been expected to increase. Thus, rapid urbanization and industrialization in developing countries have given rise to construction activities. In addition, development in manufacturing technology for construction activities is one of the major driving factors of the market, which ultimately saves construction time and delivers better results.

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Moreover, lack of skilled labor in developed countries is a major problem, which is easily tackled by using cone crushers. However, cone crushers are construction equipment that are expensive compared to labor cost in countries such as India and Brazil. Moreover, use of alternative eco-friendly material instead of concrete has led to decrease in demand for cone crushers in the market. Furthermore, outbreak of the COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering growth of the market. However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

However, growth demand for construction & infrastructure developments largely drives the cone crushers market trends. Industries such as roads & railways, tunnels, residential & non-residential construction, and mining are continuously developing, therefore, need construction of new infrastructure. This leads to rise in demand for aggregates, concrete and precast products & elements. Thus, creating a major opportunity in emerging countries for cone crushers market growth.

The cone crushers market analysis is segmented into end-user industry, mobility, sales type and region. By end-user industry, the market is segregated into mining, construction and recycling. The mobility covered in the study include stationary, portable-wheeled and portable-tracked mounted. On the basis of sales type, the market is divided into new equipment sales and aftermarket sales. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

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Key Findings Of The Study

  • By end-user industry, the mining segment was the highest revenue contributor in 2020.
  • On the basis of mobility, the portable-tracked mounted segment was the highest revenue contributor in 2020.
  • By end-user industry, the automotive segment dominated the market in 2020.
  • Depending on sales type, the new equipment sales segment acquired the leading position in 2020.
  • Asia-Pacific generated the highest revenue in 2020.

Leading Players:

The major players profiled in the cone crushers industry include Chengdu Dahongli Machinery Company Limited, CITIC Limited, Constmach, FLSmidth, Meka, Metso Outotec, Sandvik AB, Tenova S.p.A., The Weir Group PLC and Thyssenkrupp AG. Major companies in the market have adopted product launch as their key developmental strategy to offer better products and services to customers in the 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 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.

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Industrial Smart Motors Market Key Players and Development Status by 2025

The Industrial Smart Motors Market was valued at $1,207.86 million in 2017 and is expected to reach $1,809.11 million by 2025, registering a CAGR of 5.28% from 2018 to 2025.” Asia-Pacific dominated the industrial smart motors market accounting for around two-fifths share of the total revenue by region.

Top Companies

The key players profiled in the report include CG, Dunkermotoren GmbH, HSD SpA, Nidec Corporation, Reliance Precision Limited, Rockwell Automation, Schneider Electric, Somfy Systems Inc., TECHNOSOFT SA, and USAutomation. 

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Industrial smart motors are specialized motors that offer superior performance through integration of internet of things (IoT) enabled services that include superior machine control, predictive maintenance, and reduced downtime during maintenance. Smart motors have witnessed a rise in their scope of application across different industry verticals due to integration of sensors, microprocessor chips, and software programs. For instance, they find application in discrete automation, materials handling, industrial machineries & equipment, smart manufacturing, and mechanical power transmission-based equipment among others. As a result, the industrial smart motors have gained traction in the recent years and are expected to provide numerous profitable opportunities for the manufacturers during the forecast period.

The pumps segment accounted for almost one-fifth share of the global smart industrial motors market based on end user due to high demand for efficient and superior machine control of motors. Moreover, increase in demand for reducing downtime during maintenance and service activities is expected to drive the growth of smart motors across different market verticals. Thus, the pumps segment is expected to maintain its dominant position during the forecast period and subsequently provide numerous profitable opportunities for the market players. However, growth in popularity of application-specific equipment and machinery has gained traction and is projected to propel the demand for smart motors in conveyor systems, process automation, smart manufacturing, and OEMs (original equipment manufacturers) related equipment among others.

The manufacturing industry segment accounted for almost one-fourth of the total market share in the industrial smart motors market due to rise in adoption of smart manufacturing practices to low downtime and improved efficiency of the plant machineries by leading manufacturers over the past few years. Further, the growing popularity of IoT (Internet of Things) enabled services in industrial machineries as well as equipment is gaining traction among manufacturers for improving their plant efficiencies and preventing unanticipated equipment failures.

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About Allied Market Research: 

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.

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022
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