A Market Place Research – Page 130

Bifacial Solar Market Advanced Technology and New Innovations by 2031 – Jinko Solar Holdings, Trina Solar, LG Electronics, Sharp Corporation

The bifacial solar industry was valued at $8.7 billion in 2021, and bifacial solar market size is estimated to reach $31.1 billion by 2031, growing at a CAGR of 13.6% from 2022 to 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 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. Rise in demand from commercial & industrial sectors for electricity propels growth of the market, especially during peak times. Increase in demand for solar-based electricity across the globe has led companies to introduce latest advanced solar modules that focus on cost, efficiency, and design. Moreover, reduction of energy cost and rise in affordability has accelerated the bifacial solar market forecast growth.

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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 system was paid by governments to help offset the cost of buying the system. In addition, the European Union initiated “Green Deal” program to reduce carbon emissions and harness 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 growth of the bifacial solar market trends.

The bifacial solar market is proliferating on global platform witnessing increase in installations of bifacial modules globally. Bifacial solar modules offer several advantages compared to traditional solar panels, including power production from both sides, increase in total energy generation. Bifacial modules can generate more power in a smaller array footprint; reduce in balance of system (BOS) costs. In addition, these modules are extremely durable, with UV resistant 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 functionalities of bifacial solar modules that can decrease the level of cost of electricity (LCOE). Presence of above-mentioned initiatives and applications is expected to provide ample opportunities for development of the market.

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

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On the basis of cell type of bifacial solar, the market is segmented into heterojunction cell 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.

Rapid development of industrialization, modernization, and spread of information through internet led to development of the tourism industry, which fuels demand for bifacial solar. Furthermore, growth strategies such as 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.

Key findings of the study

Europe would exhibit 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.
Industrial end use segment was the highest revenue contributor in 2021.

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IMPACT OF COVID-19 ON THE GLOBAL BIFACIAL SOLAR MARKET

Emergence of COVID-19 had a negative impact on the growth of the global bifacial solar market during this period.
This impact is mostly attributed to the significant disruptions in the raw material transportation, presence of low-labor, led to shutdown of many manufacturing industries led to decline of demand for bifacial solar during this period.
The decrease in demand for many non-essential products and shut down of construction and tourism related industries have created a negative impact on the development of global bifacial solar market.
Thus, the abovementioned factors are expected to have negative impact the global bifacial solar market growth during the pandemic period.

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Transportation Battery Recycling Market Business Development Strategies 2030 by Key Players – Gopher Resource, Aqua Metals Inc, GEM Co Ltd, Umicore

The transportation battery recycling market size was valued at $4.75 billion in 2021, and is estimated to reach $9.95 billion by 2030, growing at a CAGR of 8.2% from 2022 to 2030. Over the past ten years, the market for Electric Vehicles (EVs) increased dramatically, partly due to aggressive sales’ goals set globally. Lithium-ion batteries must be carefully discarded at end-of-life to maximize reuse and recycling, which necessitates an effective and secure system for its collection and transportation.

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However, some of the disadvantages of these batteries are they contain heavy metals such as mercury and lead which are among the dangerous substances. These batteries retain some of their charge, which raises possibility of an accidental discharge that might endanger or harm persons as well as nearby property. Large lithium-based batteries, like those used in automotive applications, may be mislabeled as lead-acid batteries by regional battery manufacturers. Due to these problems, state or federal governments restrict transportation and storage of used batteries.Additionally, some factors such as the accessibility with which raw materials for fresh batteries can be obtained, may reduce demand for recycled batteries. The wide variety and cheap cost of raw materials used in battery manufacturing, such as manganese, cobalt, nickel, and lithium, results in decreased battery manufacturing costs. The battery recycling procedure is costly, which may affect the final price of a recycled battery.

Developments such as manufacturing on a large scale, lower component prices, and adoption of technologies to boost battery capacity are factors leading to a decline in prices of lithium-ion batteries. For instance, in the U.S., Battery Resources is planning to open a 154,000-square-foot recycling facility in August 2022, which is expected to be among the largest in North America region. Moreover, it will have capacity to recycle 30,000 metric tons of lithium-ion batteries per year. These factors are anticipated improve the transportation battery recycling market share over the coming years.

The global transportation battery recycling market is segmented based on type, sources, and region. By type, it is classified into lithium-based battery, lead-acid battery, nickel-based battery, and others. By sources, it is classified into industrial batteries, automotive batteries, electronic appliances batteries, and others. By region, the transportation battery recycling market analysis is done acrossEurope, North America, Asia-Pacific, andLAMEA.

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The key players profiled in this report include Call2Recycle, Inc., Battery Solutions, LLC, Exide Technologies, Umicore, Contemporary Amperex Technology Co., Limited, ENERSYS, GEM Co., Ltd., Johnson Controls, Fortum, and Aqua Metals, Inc.

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

Impact of COVID-19 on the Global Transportation Battery Recycling Industry

The COVID-19 pandemic has had a severe effect on a number of businesses, including the automotive industry. The pandemic has caused a sharp decrease in automotive sales. The need for recycling transportation batteries decreased significantly due to widespread usage of automotive batteries in the automotive industry.
Due to quick spread of COVID-19, the establishment of new transportation battery recycling projects was hampered due to the global economic recession
According to, National Center for Biotechnology Information (NCBI) it is a part of the U.S. National Library and is supported by the U.S. Government, French automakers will receive around $9 billion in recovery money, primarily to encourage adoption of electric vehicles. The EV manufacturing sector will receive around $5.6 billion from Germany’s stimulus package.

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Key Findings of the Study

Based on type, the lithium-based battery sub-segment emerged as the global dominating leader in 2021 and the lead-acid battery sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
Based on sources, the industrial batteries sub-segment emerged as the global dominating leader in 2021 and the automotive batteries sub-segment is predicted to show the fastest growth in the upcoming years, which in turn is projected to propell the transportation battery recycling market growth
Based on region, the Europe market registered the highest market share in 2021 and is projected to maintain its dominant position during the forecast period. The Asia-Pacific region is anticipated to be the fastest growing market during the forecast period.
The study also provides the in-depth analysis of the transportation battery recycling market forecast trends.

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Residential Air Filter Market Is Projected To Reach $7.1 Billion By 2031 | Growing At A CAGR Of 7.3%.

Allied Market Research published a report on the Global Residential Air Filter Market. The research provides a clear picture of the market’s current needs and future prospects. The research study gives a 360-degree overview of the overall market environment by supplying details on the Residential Air Filter Market size and share analysis, market dynamics, segmental & regional analysis, top investment pockets, competition landscape and other factors for the projected forecast period.

The Research report presents a complete judgment of the Residential Air Filter Market trends, growth factors, consumption, production volume, CAGR value, attentive opinions, profit margin, price, and industry-validated market data. The report is a useful resource for businesses, investors, shareholders and new entrants to gain an in-depth understanding of the market and make informed decisions and settle on educated business choices based on their business goals. The analysis sheds insight on the global Residential Air Filter Market drivers, restraints, and opportunities. Businesses can evaluate the Porter’s Five Forces Analysis to determine the structure, level of competition, and industry’s strengths and weaknesses. The report also contains information and statistics, tables and figures that are used in strategic planning for the company’s success. The report will be remarkable in its ability to provide worldwide investors with the information they need to make informed judgments about the market. Also, these research report provides accurate economic, global, and country-level predictions and analysis.

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According to the report, the global residential air filter industry generated $3.5 billion in 2021, and is estimated to reach $7.1 billion by 2031 witnessing a CAGR of 7.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Drivers, Restraints, and Opportunities:

Rise in indoor air pollution, degradation in air quality due to rapid urbanization, surge in awareness about maintaining indoor air quality (IAQ), and several government initiatives toward the same drive the growth of global residential air filter market. On the other hand, high initial capital requirements and operational costs restrain the growth to some extent. However, higher focus on the use of nanotechnology for residential air filters is anticipated to create profitable opportunities in the industry.

COVID-19 Scenario:

Shortage of workforce due to shutdown of production and manufacturing facilities had a negative impact on the global residential air filter market. However, the global market for residential air filter market has recovered slowly and steadily.

The fibre glass segment to rule the roost:

By filter type, the fibre glass segment held the major share 2021, accounting for less than two-fifths of the global residential air filter market revenue. This is attributed to the low price of fibre glass air filters. The activated carbon filters segment, on the other hand, would cite the fastest CAGR of 10.4% throughout the forecast period. HEPA filters are unable to capture gases like Volatile Organic Compounds (VOCs), hence homes facing VOC problems are encouraged to use activated carbon filters which is the major driving factor for this segment. The other segments analyzed through the report take in bag filters and HEPA filters.

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Asia-Pacific garnered the major share in 2021:

By region, Asia-Pacific garnered the highest share in 2021, holding more than one-third of the global residential air filter market revenue, and is expected to retain its dominance by 2031. Rapid urbanization and presence of emerging economies drive the growth of the market. LAMEA, however, would portray the fastest CAGR of 9.9% during the forecast period. The other provinces analyzed through the report include Europe and North America.

Leading Market Players:

mannhummel group
Johnson Controls International plc
3M Company
Lydall-Gutsche GmbH & Co. Kg
Parker Hannifin Corporation
Emerson Electric Co.
Freudenberg Filtration Technologies SE & Co. KG
Camfil AB
Purafil Inc.
Daikin Industries Ltd.

The report analyzes these key players in the global residential air filter market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of the players.

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Residential Air Filter Market Key Segments:

Filter Type

HEPA Filters
Activated Carbon Filters
Fibre Glass
Bag Filters
Others

By Region

North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

Key Findings of the Study

In residential air filter market analysis, in 2021, the fibre glass segment accounted-for maximum revenue, while the activated carbon filters segment is projected to grow at a notable CAGR during the forecast period.
In residential air filter market trends, in 2021, Asia-Pacific contributed for the major share of the residential air filter market, while LAMEA region is expected to expand at the fastest rate during the forecast years.

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Solar Simulator Market Competitive Analysis 2031 and Key Players – Sciencetech Inc, Solar Light Company LLC, Asahi Spectra Co Ltd

The solar simulator market size was valued at $203.6 million in 2021, and is estimated to reach $364.6 million by 2031, growing at a CAGR of 5.8% from 2022 to 2031.

Solar simulator also known as sun simulator is a device capable of providing illumination nearly equal to natural sunlight. There are two different types of solar simulators such as steady state and pulsed solar simulators. Pulsed solar simulator may be single pulse or multi pulse solar simulators. Steady state solar simulators have 1,000 hours of continuous operation. While, pulsed solar simulators have 40,000 to 1 million flashes. Solar simulators are used in testing of solar cells, modules, solar materials & products, automotive testing, textile, biomass study, and other indoor testing facilities for R&D purposes.

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Significant development of the end-use industries such as textile, automotive, paint & coatings, solar, pharmaceutical, chemicals, and healthcare has fueled the demand for solar simulators to check performance parameters of the products or materials from above mentioned industries, which in turn drives the growth of the solar simulator market during the forecast period. In addition, increase in demand for solar products from developing economies such as India, China, and Japan fuel the growth of the market, globally. However, high cost associated with solar simulators and disadvantages such as high-power consumption, high electronic drive costs, and short life cycles are the key factors that are expected to hamper the global solar simulator market growth in the upcoming years.

Depending on type, the pulsed solar simulator segment held the highest market share of about 56.7% in 2021, and is expected to maintain its dominance during the solar simulator market forecast period. This is attributed to rise in demand for pulsed solar simulators from PV module testing and other applications.
In addition, increase in demand for rapid & accurate measurement of electrical power output, characteristics of PV cells, modules, and solar panels for manufacturing of standard products is further expected to fuel the growth of the market in the coming years.

On the basis of light source, the xenon arc lamp segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to rise in demand for xenon arc lamp based solar simulator owing to its ability to produce stable spectral equal to the sunlight without filtering from various applications including testing of PV cell or module applications. In addition, increase in use of xenon arc lamp based solar simulator owing to advantages associated with it such as good match to sunlight spectrum, stable spectrum, ability to produce high intensity beams and others fuel the growth of the xenon arc lamp based solar simulator market in the coming years.

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On the basis of application, the PV cell/module and material testing segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 5.9%. This is due to rapid growth in the solar energy industry over the last decade is projected to continue in the upcoming years and owing to increased investments in renewable energy across the globe. In addition, rise in demand for solar panels to energize home appliances such as lights and pumps rises the demand for solar based products, which in turn is expected to drive the growth of the solar simulator for the testing of modules and PV materials during the forecast period.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2021, and is anticipated to maintain this dominance in solar simulator market trend during the forecast period. This is attributed to the presence of key players and huge consumer base in the region. In addition, rapid expansion of the renewable energy sector, rise in investment toward building & construction of renewable energy infrastructure, and increase in research & development efforts in the region are further anticipated to fuel the growth of the market in the upcoming years.

The global solar simulator market analysis covers in-depth information of the major solar simulator industry participants. The key players operating and profiled in the report include ABB, Ltd., ABET Technologies, Inc., Asahi Spectra Co., Ltd., Endeas, Gsolar Power Co., Ltd., Iwasaki Electric Co., Ltd., Sciencetech, Inc., Schneider Electric, Solar Light Company, LLC, and Spectrolab. Other players operating in the value chain of the global solar simulator market are OAI, Wacom Electric Co. Ltd., Nisshinbo Mechatronics, Inc., Spire Solar, and others.

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KEY FINDINGS OF THE STUDY

•   In 2021, the pulsed solar simulator type segment accounted for about 56.7% of the share in the global solar simulator market, and is expected to maintain its dominance till the end of the forecast period.
•   In 2021, the xenon arc lamp light source segment accounted for 31.4% solar simulator market share in the year 2021, and is anticipated to grow at a rate of 5.7% in terms of revenue, increasing its share in the global solar simulator market.
•   LED lamp is the fastest-growing light source segment in the global solar simulator market, and is expected to grow at a CAGR of 6.1% during 2022–2031.
•   Automotive testing application segment is expected to grow at the fastest rate, registering a CAGR of 6.2%, throughout the forecast period.
•   In 2021, Asia-Pacific region dominated the global solar simulator market with more than 42.7% of the share, in terms of revenue.

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Exploring the Growing Trench Roller Market: Latest Trends, Opportunity Analysis, and Industry Forecast By 2032

Allied Market Research published a report on the global Trench Roller market that provides a detailed analysis of business trends and competitor analysis, as well as a forecast for the future of the global Trench Roller 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 Trench Roller Market collected by AMR has been peer-reviewed and verified by industry experts after being gathered from highly credible sources.

The Trench Rollers Market: Revolutionizing Compaction in Challenging Soils, In the domain of construction and earthworks, the Trench Rollers Market emerges as a transformative force, offering a specialized solution for compacting cohesive soils, particularly challenging in their nature. These versatile machines, also known as multipurpose compactors, excel in compacting cohesive soil types such as clays, where traditional compaction methods might fall short. By applying controlled pressure to the soil, trench rollers eliminate air pockets and facilitate the distribution of weight on even surfaces, crucial for stability and durability.

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Research Methodology:

The global Trench Roller 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 Trench Roller market.

At the core of trench rollers lies the innovative concept of vibratory compaction. In contrast to conventional static force compaction methods that rely solely on the weight of the equipment, vibratory rollers introduce dynamic vibrations that enhance the compaction process. This is achieved through the incorporation of rotating or reciprocating masses within the machine, enabling the drums to vibrate. The resulting vibrating force effectively improves the efficiency of compaction, yielding higher levels of compaction in less time.

Segmental Analysis:

• By Type : Small Capacity, Large Capacity

• By Applications : Road Construction, Building, City Public Works, Others

• By End User : Residential, Commercial, Industrial, Others

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The Trench Rollers Market is characterized by its contribution to the efficiency and safety of construction projects, particularly in challenging soil conditions. By harnessing the power of vibratory compaction, trench rollers elevate the precision of soil compaction, minimizing the risk of uneven settling and potential structural issues. With their adeptness in cohesive soil compaction, these machines play a pivotal role in ensuring that construction projects are built on a solid foundation.

Key Benefits for Stakeholders:

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

• In-depth assessment of growth strategies, market shares, products, and manufacturing capabilities of leading players in the Trench Roller 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 Trench Roller 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 Trench Roller 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 Trench Roller market?

• Who are the key companies in the global Trench Roller market?

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Industrial Gases Market is Expected to Grow Tremendously By 2031 – AIR LIQUIDE SA, Goyal MG gases Pvt Ltd, Taiyo Nippon Sanso

The industrial gases market size was valued at $93.8 billion in 2021, and industrial gases market is estimated to reach $162.8 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.

Industrial gases mainly consist of carbon dioxide, hydrogen, nitrogen, oxygen, and noble gases (helium, neon, argon, krypton, xenon and radon). The atmospheric gases like oxygen, nitrogen, and argon are captured by reducing the temperature of the air until the respective components get liquefied and separated. New developments are taking place in healthcare with increasing emphasis on a healthier and generally better quality of life. In addition to oxygen, nitrous oxide, nitric oxides, and other industrial gases like hydrogen, helium, and xenon are all being prepared for use in pharmaceutical-based products. Treatments and drug developments using induced pluripotent stem cells (IPS) are bringing a new added value to the industry through the application of systems, using gases such as carbon dioxide and liquid nitrogen, which is indispensable for the cultivation and preservation of cells and tissues driving demand for high-grade industrial gases.

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The coronavirus pandemic has weakened all the businesses in the industrial gases market; manufacturers are creating potential opportunities, owing to increasing applications of industrial gases in various end-use industries across the globe. Increasing demand for oxygen, nitrogen, carbon dioxide, hydrogen, and argon in different end-use industries, such as consumer electronics, semiconductors, food & beverages, healthcare, mining, and others is generating revenue streams for manufacturers in the industrial gases market. Countries such as India and China are expected to witness rapid growth due to industrialization and urbanization.

The increase in demand for power and increasing consumption of energy in the past decade have led to the development of new technologies, such as nuclear fusion, hydrogen fuel cell, green ammonia, which has positive impact on the demand for industrial gases.

The rapid development towards the highly stable and small scale nuclear fission reactors is expected to drive the demand for noble gases, which are used in nuclear reactors. The huge investment of major countries across the globe and vision to ignite nuclear fusion technology by 2050 and the application of noble gas as a fuel and as a raw material to manufacture laser ignition systems drive the growth of the market.

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Furthermore, increase in the investment of developing and developed countries in the hydrogen fuel cell technologies, engines to harvest the energy are expected to have a positive impact on the market. Increase in demand for power in the future and rapid innovation and breakthrough in the core technologies for nuclear fusion reactors will provide lucrative opportunities for the industrial gases market growth.

The industrial gases market forecast is segmented on the basis of type, end use, and region. On the basis of type, the market is segmented into oxygen, carbon dioxide, nitrogen, hydrogen, noble gas, and others. In addition, on the basis of end use, the industrial gases market is segmented into healthcare, electronics, aerospace, construction, energy & power, and others.

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

The major companies profiled in this report include Southern Gas Ltd., Universal Industrial Gases, Inc., Gulf Cryo, International Industrial Gases Limited, Goyal MG gases pvt. ltd., Ellenbarrie industrial Gases, Praxair Technology, Inc., Linde plc, MVS Engineering Pvt. Ltd., National Gases Ltd., Air Liquide S.A., Air Products & Chemicals, Messer Group, Taiyo Nippon Sanso, and BASF. The growth strategies such as acquisition, partnership, product launch, and business expansion are adopted to attain key developments in the industrial gases market trends.

Key findings of the study

Asia-Pacific held a dominant position in 2021 and is expected to maintain its lead during the forecast period.
As per industrial gases market analysis, South Korea is expected to exhibit CAGR of 6.5% during 2022-2031.
Japan is expected to exhibit CAGR of 5.3% during 2022-2031.
By type, the oxygen segment accounted for the market share of 35.2% in 2021.
By end use, the construction segment is expected to contribute market share of 27.7% by 2031.

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COVID-19 Analysis:

COVID-19 has severely impacted the global economy with devastating effects on global trade, which has simultaneously affected households, business, financial institution, industrial establishments, and infrastructure companies. The novel coronavirus has affected several economies and caused lockdown in many countries, which has limited the growth of the market. The shutdown of industrial manufacturers led to the decline in demand for industrial gases in most of the countries globally, which led to decline in the demand of the industrial gases market. The decrease in utilization of industrial gases in the industrial facilities across the globe during the outbreak has a negative impact on the development of the market.

Post COVID-19 outbreak, the gradual recovery of the production of various industries due to vaccination policies across the globe has led to increase in the demand for industrial gases. Furthermore, the increase in the demand for oil & gas industry products has led to increase in the demand for hydrogen gas which is used in the refineries. Furthermore, the increase in the space based activities and privatization of space exploration in major developed and developing countries have led to increase in the demand for industrial gases which are used in the aerospace sector.

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Global Tensile Testing Equipment Market: Industry Trends, Size, Share, Growth, and Forecast By 2032

Allied Market Research published a report on the global Tensile Testing Equipment market that provides a detailed analysis of business trends and competitor analysis, as well as a forecast for the future of the global Tensile Testing Equipment 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 Tensile Testing Equipment Market collected by AMR has been peer-reviewed and verified by industry experts after being gathered from highly credible sources.

The Tensile Testing Machine Market: A Stronghold of Innovation in Material Evaluation, In the landscape of material evaluation and quality control, the Tensile Testing Machine Market emerges as a dynamic force, poised for rapid expansion during the forecast period. The market’s growth trajectory is fueled by escalating demands from critical sectors such as automotive and textiles, where precision and reliability are paramount. As manufacturers of tensile testing equipment continue to push the boundaries of innovation, the market witnesses the development of advanced testing machines that cater to a diverse range of industries.

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Research Methodology:

The global Tensile Testing Equipment 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 Tensile Testing Equipment market.

The market’s evolution is marked by a concerted effort to enhance testing capabilities and reach a wider customer base. Manufacturers are dedicating resources to refining and expanding their product portfolios, seeking a competitive edge in the global arena. As industries like steel and automobiles undergo rapid advancements, the market stands to benefit from the growing need for robust testing solutions. This, in turn, contributes to increased revenue generation and market expansion during the forecast period.

Segmental Analysis:

• By Product Type : Single column testing machine, Dual column testing machine, Four column testing machine

• By End User Industry : Construction, Automotive, Aerospace, Textiles, Others

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Despite its promising growth trajectory, the market faces certain challenges. The shortage of skilled technicians proficient in operating testing equipment poses a hurdle to widespread adoption. Furthermore, the slower acceptance and implementation of tensile testing equipment by small and medium-sized enterprises (SMEs) hinder the market’s potential growth in the coming years.In conclusion, the Tensile Testing Machine Market stands at the intersection of innovation, industry demand, and quality assurance. As industries strive for enhanced efficiency, durability, and safety in their products, the market assumes a pivotal role in providing the tools necessary for rigorous material evaluation. With a blend of technological advancement, industry-driven needs, and a commitment to precision, the Tensile Testing Machine Market holds the promise of reshaping material evaluation practices and contributing to the evolution of various sectors on a global scale.

Key Benefits for Stakeholders:

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

• In-depth assessment of growth strategies, market shares, products, and manufacturing capabilities of leading players in the Tensile Testing Equipment 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 Tensile Testing Equipment 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 Tensile Testing Equipment 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 Tensile Testing Equipment market?

• Who are the key companies in the global Tensile Testing Equipment market?

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.

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Roasted Corn Market Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis By 2032

The global Roasted Corn Market is showing exponential growth and will grow significantly in the coming years. Corn is a grain that is rich in vitamins, fibers, minerals, and antioxidants. Roasted corn act as an ingredient in many snacks and convenience food. Roasted corn helps in improving digestibility and increases the level of starch in the snacks and convenience food. It also helps in reducing the risk of anemia as it contains folic acid, vitamin B12, and iron, which help in the production of red blood cells. Roasted corn is used in products like corn flakes and also act as topping in many food products. It contains low fats, which makes it easier to digest. The roasted corn market is segmented on the basis of nature, form, application, and region.

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

The growing use of roasted corn in the production of other products and the rising popularity of the vegan products are the key factors driving the global roasted corn market. Further, the rise in the demand for healthy snacks among the consumer has contributed to the growth of the roasted corn market. Also, the growing use of corn in the feed industry has driven the growth of the global roasted corn market.

However, the availability of raw materials and the seasonal production can be a threat to the growth of the global market. Also, the quality of the corn restrains the growth of the roasted corn market.

Conversely, the changing eating habits and shift in the preferences of consumer toward healthy products has increased the demand for the roasted corn. Increase in the purchasing power of consumer and rising living standards has also supported the growth of the roasted corn market. Furthermore, the growing popularity of multigrain and increase of bakery products has positively influenced the demand of the roasted corn.

The companies are launching a new product with roasted corn to increase their influence and increase their footing in the market.

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Key Benefits of the Report:

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

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

The current market is quantitatively analyzed to highlight the global roasted corn market growth scenario.

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

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

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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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Champagne Market Strategic Imperatives for Success and Rising Demand Till 2026

The global champagne market growth is majorly driven by increase in demand for luxury alcoholic beverages of fine quality. The major share of the consumers of this market belongs to the top 10% of the earning population. Hence, they are more inclined towards fine quality as well as exclusivity of the products, and are willing to pay a premium price for the same, which further drives the growth of the champagne market. As the living standards are increasing globally, the aspiration of consumers to consume luxury goods and services is also expected to grow. As an ingredient, champagne has been gaining popularity in cuisines and variety of cocktails in the food service industry, which is expected to propel the growth of the champagne market during the forecast period. Non-vintage champagnes are the most preferred choice among the consumers, due to their superior quality and reasonable pricing. The non-vintage champagnes are widely consumed for their brand familiarity, taste and aromas of a particular brand or label.

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The global champagne market is segmented into price point, distribution channel, and region. By price point, the market is divided into economy, mid-range, and luxury. By distribution channel, it is segregated into supermarket/hypermarket, specialty stores, on trade, and others. Region wise, the champagne market analysis is carried out across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

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On the basis of price point, the economy segment was dominated the global market in 2018, which accounted for more than half of the share, and is expected to retain its dominance throughout the champagne market forecast period. Rise in income of middle–class and upper middle-class population in developing countries has increased the consumption of economically priced champagne on special occasions for celebrations, thereby boosting the market growth.

Key Benefits of the Report:

The report provides a quantitative analysis of the current champagne market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis and the market size and segmentation assists to determine the prevailing champagne market opportunities.
The major countries in each region are mapped according to their revenue contribution to the market.
The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the champagne industry.

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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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+1-800-792-5285, +1-503-894-6022
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help@alliedmarketresearch.com

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Distributed Cloud Market to Garner $17 Bn, Globally, by 2031 at 22.4% CAGR: Allied Market Research

Surge in requirements for minimum data recovery, rise in use of mobile technology, and increase in digitization have boosted the growth of the global distributed cloud market. Moreover, advantages such as better data recovery, higher workload, and data processing supplemented the market growth. However, concerns regarding data security hinder the market growth. On the contrary, adoption of cloud technology, surge in government involvement, and launch of new products would open new opportunities in the future.

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Covid-19 scenario:

► The distributed cloud market was positively impacted by the Covid-19 pandemic, due to sudden demand for cloud services to support digital solutions and remote working, especially in BFSI and manufacturing.

► The entertainment platforms such as video streaming also witnessed increased demand during the pandemic, which increased the demand for distributed cloud solutions.

By type, the public-resource computing segment held the largest share in 2021, accounting for more than three-fifths of the global distributed cloud market. In addition, the segment is estimated to register the highest CAGR of 23.1% during the forecast period, owing to advancements in machine learning (ML), artificial intelligence (AI) and analytics in public-resource computing for better interconnection and smooth operation of workflow. The report includes analysis of the volunteer cloud computing segment.

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By application, the intelligent transportation segment is projected to manifest the highest CAGR of 26.4% from 2022 to 2031, owing to adoption of distributed cloud for faster data insights and integration of automation technologies to improve customer experience. However, the edge computing segment held the largest share in 2021, contributing to more than half of the global distributed cloud market, due to rise in number of intelligent applications adopting distributed cloud.

By enterprise size, the large enterprise segment held the lion’s share in 2021, accounting for nearly three-fourths of the global distributed cloud market, due to increase in adoption of distributed cloud technology by various enterprises in BFSI and IT & telecom for smooth operations of multiple clouds. However, the SMEs segment is projected to register the highest CAGR of 24.2% during the forecast period, owing to surge in adoption of cloud-based services, as it provides cost-effective and efficient solution for SMEs.

By industry vertical, the healthcare segment is anticipated to register the highest CAGR of 26.2% during the forecast period, as distributed cloud provides better efficiency and customer satisfaction with integration of various clouds for work from remote places and offers valuable data insights from different clouds. However, the IT and telecom segment held the largest share in 2021, accounting for nearly one-fourth of the global distributed cloud industry, as it helps to access data from different data centers across various clouds.

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By region, the market across North America dominated in 2021, accounting for more than two-fifths of the market, and is projected to continue to maintain its leading position during the forecast period. This is due to rise in digital infrastructure and presence of key players in the region. However, the global distributed cloud market across Asia-Pacific is expected to register the highest CAGR of 25.4% during the forecast period, due to increasing investments in cloud technologies and rise in number of SMEs in the region.

Major market players:

► Alibaba Cloud

► Amazon Web Services Inc.

► Axway

► CloudSigma AG

► Databricks

► DigitalOcean, LLC

► Google

► IBM

► Liquid Web, LLC

► MassiveGRID Inc.

► Microsoft Corporation

► Oracle Corporation

► Rackspace Technology

► Salesforces Inc.

► SAP SE

► Verizon

► VMware Inc.

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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter 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 in making strategic business decisions and achieving 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.

This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading 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

Toll-Free: 1-800-792-5285

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1-855-550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com