U.S. Solar Battery Market to Witness Robust Expansion throughout the Forecast Period 2021 – 2030

Some of the states in the U.S. are boosting their solar energy capacity which might increase the demand for solar batteries. California plans to boost its solar power capacity in 2021 to meet the target of 50% renewable generation by 2025. In addition, the California Independent System Operator (CAISO) is also aiming to add 2.5 GW of battery storage capacity.

The solar battery is generally used to store solar power and discharge the power as per requirement. It is made of lithium-ion or lead acid. It is rechargeable and can be generally used in solar cell systems to store excess energy. Some of the major applications of solar battery market include solar charging stations, storage for power plants, and storage system for off-grids.

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The U.S. solar battery market is segmented on the basis of type, end-user, and region. On the basis of type, the market is categorized into lithium-ion, lead acid, flow battery, and others. Various end-user of solar batteries studied in the U.S. solar battery market include residential, industrial, and commercial. The U.S. solar battery market share is analyzed for each and every segment.

The U.S. solar battery market analysis covers in-depth information on the major industry participants. The key players operating and profiled in the U.S. solar battery market include Adara power, Aims Power, BBI Battery, Enersys, Fortress Power, Goal Zero, Panasonic Corporation, Power-Sonic Corporation, and Tesla. Inc, Simpliphi Power, Inc, Sunpower, Solaredge Technologies Inc, and U.S. Battery Manufacturing Co. Other players in the U.S. solar battery market are Enphase Energy, and others.

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Based on the type, the lithium-ion segment garnered a 79.3% share in 2020, in terms of volume, and is expected to grow a CAGR of 7.7% from 2021 to 2030. This is attributed to the high charge and discharge efficiencies of lithium-ion batteries, which help in harvesting large amounts of energy. For instance, the average efficiency of lithium-ion batteries is 90-95%, whereas for lead acid it is around 80-85%.  

Furthermore, the industrial segment is the leading end user of solar batteries. This is attributed to strong demand from various industrial end users for additional energy storage solutions.

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Key findings of the study

  • The report outlines the current U.S. solar battery market trends and future scenarios of the market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The U.S. solar battery market size is provided in terms of volume and revenue.
  • On the basis of type, the flow battery segment is expected to grow at a CAGR of 5.9%, in terms of revenue, during the forecast period.
  • On the basis of end-user, the commercial segment gained a 32.1% share in 2020 in terms of revenue.
  • On the basis of type, the lead acid battery segment garnered a share of 3.5% in 2020 in terms of revenue.

About Us

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

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

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
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Nano Battery Market to Witness Robust Expansion throughout the Forecast Period 2021 – 2030

The nano battery market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as the rise in demand for nano batteries from industrial applications such as consumer electronics, medical devices, portable power tools, automotive, and others. However, high costs and difficulties associated with the manufacturing of nano batteries are restraining the growth of the market globally. Conversely, an increase in investment and R&D activities toward nanomaterials for their use in the production of batteries is anticipated to provide potential growth opportunities in the upcoming years.

A nano battery is a nanoscale energy storage device manufactured using nanomaterials including electrodes, electrolytes, and others. Nano batteries are classified on the basis of technology such as nano phosphate, nanopore, and lithium-ion technology. Nano battery offers various benefits over conventional batteries such as higher power density, shorter charging time, and longer shelf life.

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Significant development of the end-use industries such as consumer electronics, medical devices, portable power tools, automotive, and others, is fueling the growth of the nano battery market during the forecast period. In addition, an increase in demand for nano batteries from renewable energy and grid energy storage applications is further anticipated to propel the growth of the market, globally. However, high costs and difficulties associated with manufacturing nano batteries are the key factors hampering the growth of the global nano battery market in the upcoming years.

Depending on the technology, the lithium-ion segment held the highest nano battery market share of about 47.2% in 2020 and is expected to maintain its dominance during the nano battery market forecast period. This is owing to an increase in demand for lithium-ion batteries from various applications including consumer electronics, power tools, aerospace & defense, renewable & grid energy storage, automotive, and others. In addition, the advantages of using nanotechnology used in the production of lithium-ion batteries such as an increase in battery capacity and a decrease in battery charging time are anticipated to propel the growth of the market during the analyzed timeframe.

On the basis of application, the military segment accounted for the largest market share in 2020, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rise in the need for efficient power electronics devices due to the increase in the digitalization of the battlefield and the reduction in the size & weight of military equipment in the U.S.

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In addition, the rise in demand for nano batteries from weapons, military vehicles, portable power, sensors, remote activation, programmable power, and backup power applications, is anticipated to fuel the growth of the market during the analyzed time frame.

The market is analyzed across four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America garnered a dominant market share in 2020 and is anticipated to maintain this trend during the forecast period. This is attributed to numerous factors such as the presence of a huge consumer base and the existence of key players in the region. Moreover, the rapid growth of military, electric vehicle,s and renewable energy in the region are anticipated to contribute toward the growth of the nano battery market in North America.

The global nano battery market analysis covers in-depth information about the major nano battery industry participants. The key players operating and profiled in the report include Naxin New Energy Technology Co., Ltd., mPhase Technologies, Front Edge Technology, A123 Systems LLC, Altairnano, Amprius Technologies, US Photonics Inc., California Lithium Battery, Sicona Battery Technology, Kokam.

Other players operating in the value chain of the global nano battery market are Asystems, Ecolocap Solutions, EnerG2, Zpower, Genesis Nanotech, In Step Nano Power and others.

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Key Findings of The Study

  • In 2020, the Li-ion segment accounted for about 47.2% of the share in the global nano battery market and is expected to maintain its dominance till the end of the forecast period.
  • In 2020, the military segment accounted for 26.2% nano battery market share in the year 2020 and is anticipated to grow at a rate of 18.4% in terms of revenue, increasing its share in the global nano battery market.
  • Transport is the fastest-growing application segment in the global nano battery market, expected to grow at a CAGR of 19.5% during 2021–2030.
  • Asia-Pacific is expected to grow at the fastest rate, registering a CAGR of 19.2%, throughout the global nano battery market forecast period.
  • In 2020, North America dominated the global nano battery market with more than 42.3% of the share, in terms of revenue.

About Us

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

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

Contact:

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5933 NE Win Sivers Drive
#205, Portland, OR 97220
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CO2 Gas Sensor Market Key Insights, Major Players, Share Analysis and Prospect and Key Players Vaisala, ELT Sensors

Allied Market Research published an exclusive report, titled, “CO2 Gas Sensor Market by Technology (Infrared Gas Sensor, Photo Ionization Sensor, Electrochemical Gas Sensor, Thermal Conductivity Gas Sensor, Metal Oxide based Gas Sensor, Catalytic Gas Sensor, Others), by End User (Heathcare, Consumer Electronics, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

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The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The CO2 gas sensor market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces 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).

Research Methodology

The research operandi of the global CO2 gas sensor market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

Technology

  • Infrared Gas Sensor
  • Photo Ionization Sensor
  • Electrochemical Gas Sensor
  • Thermal Conductivity Gas Sensor
  • Metal Oxide based Gas Sensor
  • Catalytic Gas Sensor
  • Others

End User

  • Consumer Electronics
  • Industrial
    • Type
      • Automotive
      • Aerospace and Defense
      • Others
  • Others
  • Heathcare

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Highlights of the Report

  • Competitive landscape of the CO2 gas sensor market.
  • Revenue generated by each segment of the CO2 gas sensor market by 2030.
  • Factors expected to drive and create new opportunities in the CO2 gas sensor market.
  • Strategies to gain sustainable growth of the market.
  • Region that would create lucrative business opportunities during the forecast period.
  • Top impacting factors of the CO2 gas sensor market.

COVID-19 Impact Analysis

The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.

The report provides the SWOT analysis of the key market players including, Amphenol Corporation, Siemens AG, Honeywell International Inc., Sensirion AG, Murata Manufacturing Co Ltd., Vaisala, ELT Sensors, Cubic Sensor and Instrument Co, Ltd., ABB, Asahi Kasei Microdevices Corp.(Senseair), which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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Key Questions Answered In The Report

Q1. At what CAGR, the Global CO2 gas sensor market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of CO2 gas sensor market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in CO2 gas sensor market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of CO2 gas sensor market?

Q8. What are the key growth strategies of CO2 gas sensor Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

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
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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MV Camera Market Research Report: Latest Industry Status and Future Growth Outlook 2022 To 2030 | Microsoft Corporation, Ametek

Allied Market Research published an exclusive report, titled, “MV Camera Market By Vision type (1D Vision, 2D Vision, 3D Vision), By Sensor Type (CCD Sensor-based Cameras, CMOS Sensor-based Cameras), By Platform Type (Smart Camera, PC based Camera, Wireless Cameras, Wearable Cameras), By Camera Type (Line scan, Area scan, 3D scan cameras), By Application (Quality Assurance and Inspection, Position Guidance, Measurement, Identification, Others), By End Users (Automotive, Healthcare, Manufacturing and Packaging, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

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The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The MV camera market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces 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).

Research Methodology

The research operandi of the global MV camera market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

End Users

  • Automotive
  • Healthcare
  • Manufacturing and Packaging
    • Manufacturing and Packaging
      • Electronics and Semiconductor
      • Pharmaceutical
      • Food and Beverage
  • Industrial
  • Others

Vision type

  • 3D Vision
  • 2D Vision
  • 1D Vision

Sensor Type

  • CCD Sensor-based Cameras
  • CMOS Sensor-based Cameras

Platform Type

  • Smart Camera
  • PC based Camera
  • Wireless Cameras
  • Wearable Cameras

Camera Type

  • Line scan
  • Area scan
  • 3D scan cameras

Application

  • Quality Assurance and Inspection
  • Position Guidance
  • Measurement
  • Identification
  • Others

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Highlights of the Report

  • Competitive landscape of the MV camera market.
  • Revenue generated by each segment of the MV camera market by 2030.
  • Factors expected to drive and create new opportunities in the MV camera market.
  • Strategies to gain sustainable growth of the market.
  • Region that would create lucrative business opportunities during the forecast period.
  • Top impacting factors of the MV camera market.

COVID-19 Impact Analysis

The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.

The report provides the SWOT analysis of the key market players including, ISRA VISION AG, SICK AG, Microsoft Corporation, Ametek Inc., qualitas technologies pvt ltd, viso.ai, Zivid, Cognex Corporation, basler ag, Omron Corporation, KEYENCE CORPORATION, Teledyne Technologies Inc., TKH Group, national instruments, Sony Corporation, Texas Instruments Inc., Intel Corporation, which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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Key Questions Answered In The Report

Q1. At what CAGR, the Global MV camera market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of MV camera market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in MV camera market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of MV camera market?

Q8. What are the key growth strategies of MV camera Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

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
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

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Automotive Smart Window Market Research, Key Vendors, Trends Analysis and Regional Forecast To 2030

Allied Market Research published an exclusive report, titled, “Automotive Smart Window Market by Technology (Electrochromic (EC), Polymer Dispersed Liquid Device (PDLC), Suspended Particle Device (SPD)), by Type (OLED Glass, Self-dimming Window, Self-Repairing), by Vehicle Type (Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Passenger Cars): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

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The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The automotive smart window market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces 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).

Research Methodology

The research operandi of the global automotive smart window market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

Type

  • OLED Glass
  • Self-dimming Window
  • Self-Repairing

Technology

  • Electrochromic (EC)
  • Polymer Dispersed Liquid Device (PDLC)
  • Suspended Particle Device (SPD)

Vehicle Type

  • Light Commercial Vehicles
  • Medium and Heavy Commercial Vehicles
  • Passenger Cars

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Highlights of the Report

  • Competitive landscape of the automotive smart window market.
  • Revenue generated by each segment of the automotive smart window market by 2030.
  • Factors expected to drive and create new opportunities in the automotive smart window market.
  • Strategies to gain sustainable growth of the market.
  • Region that would create lucrative business opportunities during the forecast period.
  • Top impacting factors of the automotive smart window market.

COVID-19 Impact Analysis

The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.

The report provides the SWOT analysis of the key market players including, Corning Incorporated, Gentex Corporation, Hitachi, Ltd, Pleotint LLC, PPG Industries, RavenWindow, saint gobain, View, Inc., AGC INC., Research Frontiers Inc., which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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Key Questions Answered In The Report

Q1. At what CAGR, the Global automotive smart window market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of automotive smart window market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in automotive smart window market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of automotive smart window market?

Q8. What are the key growth strategies of automotive smart window Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

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
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

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Off-road Motorcycle Market Expected to Reach $16.02 Billion by 2031

According to a new report published by Allied Market Research, titled, “Off-road Motorcycle Market,” The off-road motorcycle market was valued at $8.5 billion in 2021, and is estimated to reach $16.02 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

The concept of the off-road motorcycle is typically attributed to a non-road licensed motorcycle used for recreational and different off-road motorcycling events. Meanwhile, this motorcycle is lightweight, powerful, fast, and nimble and is equipped with rugged tires and suspension for riding cross country or over unpaved ground. Also, it offers enhanced durability and performance in rocky and mountainous terrains, grassy regions, and steep slopes. In addition, it has an attractive shape that attracts youth and helps to change their preference. Furthermore, off-road motorcycle manufacturers are also focusing on new inventions related to frame metals, riding styles, and shapes to make them more advanced. Thus, the continuous focus & improvement in off-road motorcycles owing to their demand propels the off-road motorcycle market.

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In addition, the off-road motorcycle market has witnessed significant growth in recent years, owing to the increase in investments in automation, launches of new & technologically advanced products, increase in the consumer demand for high-speed, attractive design & digital dashboards, and government initiatives for vehicle production for mountain areas. Furthermore, the companies operating in the market have adopted partnerships, investments, and product launches to increase their market share and expand their geographical presence. For instance, in June 2021, Torrot Electric Europa S.A. announced the launch of a new generation of motorcycles in the Motocross, Trial, Enduro, and Supermotard models. The motorcycles featured a simple and intuitive battery exchange system, without connectors or cables, which allowed the motorcycle to be ready to run again in less than 15 seconds.

The factors such as rise in popularity & evolution of motocross events, increase in disposable income, and technology advancement in off-road motorcycles supplement the growth of the off-road motorcycle market. However, high purchase and maintenance cost of off-road motorcycles and uncomfortable seating structure are the factors expected to hamper the growth of the market. In addition, rise in focus by manufacturers in the automobile industry on superior performance & comfort and adoption of electric off-road motorcycles create market opportunities for the key players operating in the off-road motorcycle market.

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KEY FINDINGS OF THE STUDY

  • By type, the track-racing motorcycle segment is projected to dominate the global off-road motorcycle market in terms of growth rate.
  • By application, the industrial segment is projected to dominate the global off-road motorcycle market in terms of growth rate.
  • By price range, the high segment is projected to dominate the global off-road motorcycle market in terms of growth rate.
  • By engine capacity, the less than 500 cc segment is projected to dominate the global off-road motorcycle market in terms of growth rate.

The leading players operating in the off-road motorcycle market are Benelli, Betamotor S.p.A., BMW AG, Bultaco, Christini AWD Motorcycles, Cobra, Honda Motor Co., Ltd., Husqvarna Motorcycles, Kawasaki Heavy Industries Ltd., KTM AG, Kuberg, Piaggio & C. SpA (Aprilla), Polini Motori , ROKON International Inc., Scorpa, Sherco, SSR Motorsports, Suzuki Motor Corporation, Torrot Electric Europa S.A., Triumph Motorcycles, TRS Motorcycles, Ural Motorcycles, Yamaha Motor Co., Ltd., and Zero Motorcycles, Inc.

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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. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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Automotive Advanced Shifter System Market Expected to Reach $18.1 Billion by 2031

According to a new report published by Allied Market Research, titled, “Automotive Advanced Shifter System Market,” The automotive advanced shifter system market was valued at $10.9 billion in 2021, and is estimated to reach $18.1 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.

In 2021, Asia-Pacific dominated the market in terms of revenue, followed by Europe, North America, and LAMEA. China dominated the automotive advanced shifter system market in 2021. The rapid growth of the automobile sector across all segments along with growing customer inclination toward semi-autonomous and autonomous vehicles propels the growth of the market.

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The prominent key factors that drive the growth of the automotive advanced shifter system market are rise in adoption of lightweight systems for fuel efficiency, increase in demand for driver & passenger safety, comfort & luxury, and surge in demand for automatic transmission. The global automotive industry has experienced tremendous transformation in past few years. The ever-growing demand for fuel efficient vehicles is making vehicle manufacturers focus incessantly on forming new design experiences by enabling efficient incorporation of new technologies and processes, which is anticipated to fortify demand for automotive advanced shifter system up to a great degree during the forecast period.

Automotive advanced shifter system market is segmented basis of technology, component, vehicle type, propulsion, and region. On the basis of technology, it is divided into automatic shifter and shift-by-wire (SBW). By component, it is divided into CAN module, electronic control unit (ECU), solenoid actuator, and others. By vehicle type, it is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. By propulsion, it is divided into ICE, electric & hybrid, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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KEY FINDINGS OF THE STUDY

  • By technology, the shift-by-wire (SBW) segment is expected to register a significant growth during the forecast period.
  • By component, the electronic control unit (ECU) segment is projected to lead the global automotive advanced shifter system market.
  • By vehicle type, the passenger car segment is projected to lead the global automotive advanced shifter system market.
  • By propulsion, the electric and hybrid segment is projected to lead the global automotive advanced shifter system market.
  • Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

The key players that operate in this automotive advanced shifter system market are Atsumitec Co., Ltd., Delta Kogyo Co., Ltd., Dura Automotive Systems, Eissmann Group Automotive, Ficosa International S.A., Fuji Kiko Co., Ltd., GHSP, Inc., Kongsberg Automotive, Küster Holding GmbH, Leopold Kostal GmbH & Co. KG, M&T Allied Technologies, Orscheln Products, Sila Group (Silatech Srl), Stoneridge Inc., and ZF Friedrichshafen AG.

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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. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
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Hydrodesulfurization Catalyst Market Size to Reach $3.66 Billion by 2028 | CAGR: 4.30%: AMR

As per the report published by Allied Market Research, the global hydrodesulfurization catalyst market was pegged at $2.64 billion in 2020, and is expected to reach $3.66 billion by 2028, growing at a CAGR of 4.3% from 2021 to 2028.

Increase in environmental regulations and surge in industrial activities have boosted the global hydrodesulfurization catalyst market. However, volatility in crude oil price hinders the market growth. On the contrary, emergence of nanotechnology is expected to open lucrative opportunities for the market players in the future.

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Covid-19 scenario:

  • The Covid-19 pandemic severely affected the oil & gas sector, which is a major consumer of hydrodesulfurization catalysts. This is due to fluctuating crude oil prices, slowing down of refined products, and failed agreements on production cuts.
  • International oil companies and chemical companies cut down their capital and operational expenditures, which decreased the demand for hydrodesulfurization catalysts.

The global hydrodesulfurization catalyst market is segmented on the basis of type, application, and region.

Based on type, the cobalt-molybdenum segment held the lion’s share in 2020, accounting for around three-fifths of the market. Moreover, the segment is expected to register the highest CAGR of 4.5% during the forecast period. The report includes analysis other segments such as nickel-based and others.

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On the basis of application, the natural gas segment is expected to manifest the highest CAGR of 5.3% during the forecast period. However, the diesel oil segment held the lion’s share in 2020, accounting for nearly half of the market.

The global hydrodesulfurization catalyst market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2020, contributing to nearly one-third of the market. Moreover, the segment is estimated to portray the highest CAGR of 5.2% from 2021 to 2028.

The global hydrodesulfurization catalyst market includes an in-depth analysis of the prime market players such as Albemarle Corporation, Advanced Refining Technologies LLC, BASF SE, Axens SA, Clariant AG, China Petroleum and Chemical Corporation (Sinopec), Haldor Topsoe, Dorf Ketal Specialty Catalysts LLC, JGC Catalysts & Chemicals Ltd., and Johnson Matthey PLC.

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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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Shortening Market Worth $6,373.6 Million, Globally, by 2030 at 3.8% CAGR

According to a new report published by Allied Market Research, titled, “Shortening Market by Source, Application, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global shortening market size was valued at $4,250.0 million in 2020, and is estimated to reach $6,373.6 Million by 2030, registering a CAGR of 4.2% from 2021 to 2030. In 2020, the vegetables segment accounted for significant revenue share in the market, and is expected to grow at a CAGR of 3.8% throughout the forecast period. Europe is one of the prominent regions, which accounted for a sizeable share of the total market in 2020.     

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The global shortening market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to increase in demand for animal and marine fats and oils from the foodservice sector and rise in use of lard in the baking industry as bread spreads. In addition, the animal source has expanded rapidly as a result of increased demand from downstream industries such as biodiesel, food, oleo chemical, and pet food. Consumers in developing regions, such as Asia-Pacific, prefer lard over butter in baked goods, thus driving the shortening market trends.  

Shortening fat is utilized in most mixtures and batters, to provide the baked item a fresh and brittle texture. Shortening fat can be made from either animal fat or vegetable oil, but shortening made from mostly or completely hydrogenated vegetable oil is more common nowadays. The shortening fat is used in the wider application of the food industry such as ice-creams, dried noodles, and other functional food items for better taste and longer shelf-life in the market.

According to the shortening market analysis, the market is segmented into source, application, sales channel, and region. Depending on source, the market is divided into vegetables and animal. Based on applications, bakery products, confectionery products, snacks & savory products, and others. By sales channel, it is fragmented into direct and indirect sales. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Based on source, vegetables segment held the major share of 81.1% in the global shortening market. This is attributed to the wide usage of vegetables source in the bakery, confectionery products sector. Moreover, animal source witness highest CAGR throughout the forecast period. Animal fats are necessary for cell growth and the protection of organs in the body. Furthermore, fats play an important role in a variety of biological functions, including the production of hormones and the regulation of vitamins. Thus, animal fats are classified into different groups, including saturated, monounsaturated, trans, and polyunsaturated fats, each of which has a different effect on cholesterol levels.

Based on application, bakery products segment witness a major traction and is likely to gain a major demand in the coming years. Bakery products segment witness an annual growth rate of 3.6% during the forecast period. The demand for bakery products segment is increasing everyday owing to the changing lifestyles, growing population and economic improvements. Growing urbanization and increasing demand for ready to eat or fast food is expected to surge sales of the bakery products. Fortification of bakery products with functional ingredients is further supplementing the shortening market growth.   

Based on sales channel, indirect sales held the major share of 65.4% in the market. The growth of the indirect sales segment is driven by increase in demand for shortening products, fueled by the boom in bakery and confectionery products.

Depending on the market, Europe accounted for the maximum share in the global market in 2020, and is anticipated to continue this trend in the near future. The demand from the region respective food sectors, which is supported by improvement in living standards and population growth, is driving the market. Moreover, increase in emphasis on biofuels, such as biodiesel produced from animal fats, is augmenting the shortening market demand.

The major players in the market are Cargill Incorporated, Premium Vegetable Oils Sdn Bhd, Bunge North America, Inc, Fediol, Namchow Chemical Industrial Co., Ltd, Wilmar International Ltd, Fuji Oil Co., Ltd, Associated British Foods plc, Ventura Foods, and J.M. Smucker Company .

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Key findings of the study    

  • By source, the vegetables segment held the highest share, accounting for 81.1% of the global shortening market.
  • Based on application, the bakery products segment held the major share of 44.2% of the market.
  • Region wise, Europe held the major shortening market share, and is expected to remain dominant throughout the forecast period.     

Reasons to Buy this Shortening Market Report:

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> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

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> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

Related Report :

Plant-based Food Ingredients Market

Wheat Fiber Market

Yeast flakes 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.

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:

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Industrial Alcohols Market Expected to Reach $198,610 Million by 2023

According to a new report published by Allied Market Research, titled, “Industrial Alcohols Market by Type, Application, Processing Method, and Source: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the global industrial alcohol market was valued at $100,535 million in 2016, and is projected to reach $198,610 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023. The grains segment accounted for nearly half of the global market share in 2016.

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Industrial alcohol is used as a reagent as well as a solvent, and is manufactured and sold in applications other than beverages, such as the pharmaceutical, personal care, energy sector, and chemical industries. Ethanol, a type of industrial alcohol, is also called as ethyl alcohol, pure alcohol, grain alcohol, or drinking alcohol. It is a volatile, flammable, and colorless liquid obtained from molasses. Moreover, the government of the developing countries have mandated blending of petrol with 5% ethanol, which in turn is expected to boost the fuel the demand for ethanol in the transportation industry.

At present, the global industrial alcohol market registers significant growth, owing to high demand for biofuels. Moreover, ethyl alcohol, methyl alcohol, benzyl alcohol and isobutyl alcohol are widely used in the fuel and energy sector due to the functional properties of alcohols, such as high-octane number and flammability characteristics. In addition, rapid adoption of biofuel and growth in awareness of deteriorating environment quality drive the demand for industrial alcohols in the fuel sector. Moreover, increase in environmental concerns, massive government support for the production of bioethanol in the developed countries, and emerging applications of alcohols in various end-use industries augment the market growth. Furthermore, the utilization of better, low-cost feedstocks create opportunities for advanced developments of industrial alcohols; thereby driving the demand for alcohol-based products. However, fluctuating prices of raw materials are expected to hinder the market growth.

The grains segment is expected to account for nearly half of the global market, in 2016. Moreover, the grains segment has witnessed strong demand in countries in the forecasted years, such as U.S., UK, and France, owing to its rapid production of alcohols from corn. Corn, wheat, and barley are extensively utilized in these countries for producing bioethanol for industrial purposes. Moreover, increase in the number of distilleries has boosted the use of these raw materials for production of fine-grade ethanol for potable purposes (for beverage purposes).

Key Findings of the Industrial Alcohols Market:
  • In terms of value, the fermentation processing method segment is anticipated to exhibit the growth rate of 10.3% during the forecast period.
  • Asia-Pacific is projected to dominate the global market until 2023, registering a CAGR of 11.8% in terms of value.
  • The personal care products segment occupied nearly one-fifth share of the global market in 2016.
  • Thailand occupied one-fifth of the Asia-Pacific industrial alcohol market in 2016.
  • In terms of value, Hungary is expected to grow at a CAGR of 9.9% from 2017 to 2023.

In 2016, North America accounted for more than half of the global industrial alcohol market, and is expected to continue this trend during the forecast period, owing to the rapid production and consumption of alcohols, followed by LAMEA.

The major companies profiled in the report include Cargill Inc., MGP Ingredients Inc., Green Plains Inc., Birla Sugar, Cristalco, Greenfield Specialty Alcohols, Flint Hills Resources, Sigma Aldrich, The Andersons Inc., and BASF SE.

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

Toll Free: 1-800-792-5285

UK: +44-845-528-1300

Hong Kong: +852-301-84916

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