A Market Place Research – Page 2478

Food Delivery Mobile Application Market SWOT Analysis, Emerging Trends, Future Growth, Application Potential by 2030

The global food delivery mobile application market was valued at $6,752.32 million in 2020, and is projected to reach $62,836.97 million by 2030, growing at a CAGR of 25% from 2021 to 2030.

Global food delivery mobile application market is divided on the basis of deployment platform, end user, and geography. Based on the deployment platform the market is segmented into Android, iOS, and others. The Android segment dominated the market in terms of revenue, contributing more than two-thirds of the total market, owing to increased usage of Android smartphones and other IoE devices. However, the iOS segment is estimated to register the fastest CAGR of 29.2% during the forecast period.

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On the basis of end user, the market is divided into food delivery market place and restaurants and others. The food delivery market place segment is expected to manifest the fastest CAGR of 28% during the forecast period. However, the segment contributed the largest share in 2017, holding more than four-fifths of the total market. This is attributed to increasing in global reach of vendors, high internet penetration in developing countries.

Based on geography, the market is analyzed in various regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific region held the largest share in 2017, contributing nearly half of the market, owing to rise in adoption and number of food delivery apps. Moreover, the market is projected to portray the fastest CAGR of 29.8% during the forecast period.

Global food delivery mobile application market report includes an in-depth analysis of the market players such as Cognizant, Apple Inc., Microsoft Corporation, IBM Corporation, CA, Inc., SAP SE, Mendix, Google Inc., SAP SE, Red Hat, Inc., and Zoho Corporation Pvt. Ltd.

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AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Cloud-Based Business Analytics Software Market Report and Unique Predictive Business Strategy By 2023

The global Cloud-Based Business Analytics Software Market was valued at $28,854 million in 2016, and is projected to reach at $57,055 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023. In 2016, the hybrid cloud segment accounted for the highest revenue share in the business analytics software market.

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Rise in demand for business analytics software over cloud and increase in consumer awareness about the benefits of cloud-based business analytics software such as easy access to vital business metrics, higher performance, lower cost, increased revenue, and others drive the growth of the market. However, factors such as traditional data warehouses as well as data security and availability issues hamper the growth of the cloud-based business analytics software market to a certain extent.

Based on end-user, the other segment dominated the global market in 2016 and is expected to remain dominant during the forecast period, owing to surge in adoption of the software by numerous industries. Furthermore, retail is expected to grow at the highest CAGR during the forecast period. The global cloud-based business analytics software market was led by the customer analytics segment in 2016, and the segment is projected to maintain its dominance during the forecast period. However, the others segment is expected to witness the highest growth, owing to the increase in adoption of business analytics software by many small- & medium-sized businesses for different applications.

In 2016, the global market was dominated by the hybrid cloud segment and is expected to remain dominant during the forecast period. However, the segment is also expected to witness the highest growth, owing to an increase in the deployment of hybrid cloud-based software by multiple organizations.

Some of the key market players profiled in the report include Oracle Corporation, SAS Institute Inc., SAP SE, International Business Machines (IBM) Corporation, Microsoft Corporation, Adobe Systems Incorporated, Tableau Software., Salesforce.com, Inc., QlikTech International AB, and Fair Isaac Corporation.

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Passenger Security Equipment Market Analysis by Industry Perspective, Analysis, Growth and Forecast 2023

According to a new report published by Allied Market Research, titled, Passenger Security Equipment Industry by Transport Infrastructure, and Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the Passenger Security Equipment Industry accounted for $43,398 million in 2016, and is expected to reach $79,042 million by 2023, growing at a CAGR of 8.9% from 2017 to 2023. In 2016, North America dominated the global market, in terms of revenue, accounting for more than 53% share of the global market, followed by Europe.

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The airport Passenger Security Equipment Industry is currently dominating the market followed by railways, due to the rapid increase in the global air passengers. According to the IATA, in 2015, about 3.5 billion air passengers traveled, whereas, in 2016, about 3.7 billion air passengers traveled. Hence, with the exponential increase in global air travelers, the airport authorities are investing in smart security solutions for air passengers and improving operational efficiencies.

The passenger screening systems are anticipated to witness steady growth during the forecast period. The purpose of the people screening systems at the transport infrastructure is to prevent prohibited items such as sharp objects, weapons, and explosives from being carried into the aircraft, train, bus, or cruise ship. However, it is expected the upcoming security technologies such as the use of robots for passenger screening, and video analytics will fuel the market growth in the coming years.

North America is expected to maintain its dominance throughout the forecast period, owing to the presence of key companies and high spending on security equipment by the regional governments. Moreover, LAMEA is anticipated to grow at the highest CAGR during the forecast period, owing to the high-security threats in the region.

The major players, such as Honeywell International, Orbocomm, L-3 Communications, Kapsch, Siemens AG, Rapiscan Systems, Rockwell Collins, Safran Group, Raytheon Group, and Smiths Group, have adopted new technology launch as their key strategy to expand their market foothold.

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Cloud-Based VDI Market Leading Global Companies and Regional Average Pricing Analysis by 2023

As per the report published by Allied Market Research, the global cloud-based VDI market was pegged at $3.65 billion in 2016, and is anticipated to garner at $10.15 billion by 2023, registering at a CAGR of 16.5% from 2017 to 2023.

Rise in adoption of handheld devices & smartphones for enterprise computing and increase in demand for virtualization have boosted the growth of the global cloud-based VDI market. However, lack of IT infrastructure in underdeveloped nations hampers the market growth. On the contrary, rise in adoption of hybrid cloud solutions and increase in adoption of cloud-based solutions are expected to create lucrative opportunities for the market players in the coming years.

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The global cloud-based VDI market is divided on the basis of deployment model, user type, end user, and geography. Based on deployment model, the market is segmented into private, public, and hybrid. The hybrid deployment model segment held the largest share in 2016, owing to the availability of computational infrastructure on the premise.

On the basis of user type, the market is categorized into SMEs and large enterprise. The SMEs segment is expected to register the highest CAGR during the forecast period, owing to rise in demand for unlimited storage, protected networks, and reduced IT expenditure.

Based on end user, the market is classified into BFSI, education, healthcare, government, IT & telecom, and others. The global cloud-based VDI market is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across North America held the largest share in 2016, contributing to more than two-fifths of the market. However, the market across Asia-Pacific is expected to register the highest CAGR of 18.8% during the study period.

The global cloud-based VDI market report includes an in-depth analysis of the major market players such as Cisco Systems, Amazon Web Services, Inc., Dell Inc., Citrix Systems, Inc., IBM Corporation, HP Development Company, L.P., NComputing Co. LTD, Microsoft Corporation, Rackspace, Inc., and VMware.

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Cloud-based Payroll Software Market Latest Trends, Future Dynamics, Cost Analysis, and Growth Insights

According to the report published by Allied Market Research, the global cloud-based payroll software market generated $6.73 billion in 2016, and is estimated to reach $10.33 billion by 2023, registering a CAGR of 6.5% from 2017 to 2023. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

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Surge in demand for secured cloud-backup of employee data from corporate organizations drives the growth of the global cloud-based payroll software market. However, issues related to employee data security is anticipated to restrain the market growth. Furthermore, growing adoption of cloud-based payroll software from small and medium enterprise is expected to provide new growth opportunities during the forecast period.

Based on organization size, the large enterprises segment contributed to the largest share in 2016, and is estimated to maintain its dominant position during the forecast period. However, the small & medium enterprises segment is estimated to portray the highest CAGR during the forecast period.

Based on industry vertical, the other industries segment accounted for the largest share in 2016, and is expected to maintain the largest share throughout the forecast period. However, the retail segment is expected to register the highest CAGR of 8.2% from 2017 to 2023.

Based on region, North America contributed the highest share in 2016, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 7.3% from 2017 to 2023.

Leading market players analyzed in the research include Sage Group, ADP, Inc., Kronos Incorporated, Zenefits Software, Oracle Corporation, Ascentis HR Software, Ceridian HCM, Paycom Software, Inc., IRIS Software Group, Ltd., and Financial Force Software.

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Biometrics-as-a-Service Market Expected to Reach $5.37 Billion by 2026—Allied Market Research

According to the report, the global biometrics-as-a-service industry garnered $1.42 billion in 2018, and is estimated to reach $5.37 billion in 2026, growing at a CAGR of 18.2% from 2019 to 2026. The report also provides an in-depth analysis of the drivers & opportunities, top investment pockets, top winning strategies, market size & estimations, competitive landscape, and wavering market trends.

Rise in advanced cyber -attacks, growth of IoT landscape, and stringent government regulations drive the growth of the global Biometrics-as-a-Service market. On the other hand, security and privacy concerns associated with data stored on cloud impedes the market growth to a certain extent.

However, rise in the adoption of cloud-based biometrics among SMEs and addition of artificial intelligence in biometrics-as-a-service solutions expected to create a number of lucrative opportunities in the near future.

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Based on component, the solution segment contributed nearly three-fourths of the global Biometrics-as-a-Service market share in 2018. This is due to increase in focus on data security, rise in IoT landscape, and stringent government regulations for data security.

On the other hand, the service segment is projected to grow at the fastest CAGR of 20.9% throughout the study period. This is due to the services have a major role in determining the gap analysis and benchmarking against leading industry practices, which will drive the market during the forecasted period.

Based on modality, the unimodal segment held the lion’s share in 2018, garnering more than two-thirds of the global Biometrics-as-a-Service market. This is due to the increase in the adoption of these systems because of reliability and accuracy provided by the unimodal biometrics.

At the same time, the multimodal segment would cite the fastest CAGR of 20.4% by 2026. This is due to secrecy and security of user data, the availability of multiple traits, and high-level security inherent by combining different biometrics without slowing down the operations.

Based on geography, the market across North America accounted for nearly two-fifths of the global Biometrics-as-a-Service market revenue in 2018. This is due to the surge in online transactions and increase in cyberattacks among the organizations.

However, the Asia-Pacific region would cite the fastest CAGR of 20.7% from 2019 to 2026. This is due to increase in the investment by the government in biometrics projects such as national ID cards and e-passports, increase in the rise of cyber-attacks, and growing cybersecurity spending among organizations.

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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.

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2. Fingerprint Biometrics Market

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

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Automotive 48V System Market projected to reach $21,002.99 million by 2027, registering a CAGR of 26.5% from 2020 to 2027

The global automotive 48V system market was valued at $2,227.70 million in 2019, and is projected to reach $21,002.99 million by 2027, registering a CAGR of 26.5% from 2020 to 2027. By vehicle class, the mid vehicle class segment was the highest revenue contributor in 2019, accounting for $874.92 million, and is estimated to reach $7,731.48 million by 2027, registering a CAGR of 25.7% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share.

The 48V system market opens up more cost-effective opportunities for hybridization by enabling a wide variety of different vehicle functions, from boosting engine performance to supplying the growing number of electrical consumers to powering functions. The primary purpose of this new voltage level is to reduce CO2 emissions by means of recuperation and start-stop features and to power electrical components classed as high-power loads (such as air-conditioning compressors, electrical heaters, pumps, and steering drives). Moreover, the deployment of 48-Volt technology, providing additional torque enables more dynamic handling and performance.

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Major Market Players:

BorgWarner Inc
Robert Bosch GmbH
CONTINENTAL AG
Dana Limited
Delphi Technologies
GKN (Melrose Industries PLC)
Lear Corporation
Magna International Inc
MAHLE Powertrain Ltd
Valeo

The 48V system architecture is designed with a structure that adds a new electric motor and 48V battery onto the combustion engine and normal 12V battery. The automotive 48V system consists of the primary component unit that includes three main components such as a Belt Alternator Starter (also called a Belt-driven Starter Generator or Motor Generator Unit, MGU), a DC-to-DC converter, and a higher voltage battery, and also other components such as 48v inverter, power distribution boxes, electric motor/generator, and E-charger. The automotive 48V system market trends are decided on the basis of forecast from 2020 to 2027.

The global automotive 48V system market is driven by increase in demand for hybrid and electric vehicle and rise in demand for 48V battery system. However, high cost of system in vehicles and rise in sale of battery electric vehicles restrain the growth of the market. Furthermore, increased safety & comfort features in vehicles and reduction of CO2 emission to meet future emission legislations are anticipated to provide lucrative growth opportunities for the players operating in the automotive 48v system market.

COVID Impact Analysis: With the advent in COVID-19 pandemic across the globe, the global automotive 48v system market has been affected as the manufacturing units have been shut down due to the imposed lockdown in major countries across the globe. Also, the unavailability of skilled labor has affected the market but the global automotive 48v system market is expected to register a significant growth in the near future owing to its rising technology adoptions in many vehicles of the developed countries.

Key Market Segments

BY ARCHITECTURE
- Belt Driven (P0)
- Crankshaft Mounted (P1)
- Dual-clutch transmission-mounted / input shaft of transmission(P2 / P3)
- Transmission output shaft/ rear axle (P4)
BY VEHICLE CLASS
- Entry
- Mid
- Premium
- Luxury
BY REGION
- NORTH AMERICA
  - US
  - CANADA
  - MEXICO
- EUROPE
  - UK
  - GERMANY
  - FRANCE
  - SPAIN
  - REST OF EUROPE
- ASIA-PACIFIC
  - CHINA
  - JAPAN
  - INDIA
  - AUSTRALIA
  - REST OF ASIA-PACIFIC

The lower emission standards set by the governments led to the adoption of hybrid cars and electric vehicles. The 48V systems are widely used in hybrid cars and electric vehicles for driving the vehicle as well as for lighting systems, pumps, and other applications. These systems are popular among hybrid vehicles as they benefit from the use of these systems to create extra power during acceleration and increase fuel efficiency. The 48V systems have led to the development of low-cost mild hybrids that are becoming widely popular across the globe. Major suppliers such as Bosch, Delphi Automotive, Continental, Valeo, and Gustanski are focusing on the development of 48V systems for mild hybrid vehicles. For instance, Mercedes-Benz has announced a new hybrid SUV GLE580, while its rival Audi has already launched hybrid SUV Q8, in the same segment. Both of the vehicles come packed with hybrid engines along with 48-Volt battery systems. Thus, the hybridization of the vehicles with 48V system and increase in the demand for the same is fueling the growth of the automotive 48V system market in near future.

The 48V batteries are widely used in hybrid cars and electric vehicles for driving the vehicle as well as for lighting system, pumps, and other applications. Furthermore, the 48V battery system hybrid solution is more cost-effective than the conventional battery-powered electric vehicle to reduce the emission. In addition, the 48V battery systems get charged quickly and batteries lasts for a longer period compared to conventional batteries. As the 48V battery comprises a crucial component of the automotive 48V system, most battery manufacturers have begun developing 48V batteries. For instance, Johnson Controls offers 48V battery systems for mild HEVs for use with 48V motors and electronics to deliver 15% more fuel economy over conventional vehicles. Therefore, the development of 48V battery system is expected to drive the growth of the automotive 48v system market in the near future.

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Key Benefits For Stakeholders

This study presents analytical depiction of the automotive 48v system market analysis along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
The current automotive 48V system market size is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the hybrid vehicle industry.

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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.

Air Traffic Control Market registering a CAGR of 4.1% from 2020 to 2027

The global air traffic control marketwas valued at $8.41 billion in 2019, and is projected to reach $11.50 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027.

Air traffic control (ATC) is a service provided by ground-based air traffic controllers, which guides the pilot to ensure safety of the aircraft in the controlled airspace as well as on the ground. In addition, ATC provides advisory services for the non-controlled airspace as well. The primary aim of the ATC is to expedite the flow of air traffic as well as to avoid collision of the various aircrafts.

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Major Market Players:

ADACEL TECHNOLOGIES LIMITED
BAE SYSTEMS
FREQUENTIS AG
INDRA SISTEMAS SA
LEONARDO S.P.A
NORTHROP GRUMMAN CORPORATION
RAYTHEON TECHNOLOGIES CORPORATION
SAAB AB
SKYSOFT-ATM
THALES GROUP

The global air traffic control market is segmented based on airspace, application, offering, airport size, sector and region. By airspace, the market is segmented into ARTCC, TRACON, ATCT, and remote tower segments. Further, the applications of ATC include communication, navigation, surveillance, and automation. Based on offerings, the market is segmented into hardware, software & solutions, and services. Moreover, the market is segmented based on airport size into large, medium, and small. By sector, the market is split into commercial and military & defense.

The significant factors impacting the growth of the air traffic control market include rise in number of airports, need of better airspace management systems, and increase in number of passengers. Further, potential risk of cyber threat, high cost of ATC systems, and adoption of the satellite based air-traffic control systems also have a significant impact on the market. Each of these factors is anticipated to have a definite impact on the air traffic control market during the forecast period (2020-2027).

Key Market Segments

BY AIRSPACE
- AIR ROUTE TRAFFIC CONTROL CENTERS (ARTCC)
- TERMINAL RADAR APPROACH CONTROL (TRACON)
- AIR TRAFFIC CONTROL TOWER (ATCT)
- REMOTE TOWER
BY APPLICATION
- COMMUNICATION
- NAVIGATION
- SURVEILLANCE
- AUTOMATION
BY OFFERINGS
- HARDWARE
- SOFTWARE &SOLUTIONS
- SERVICES
BY AIRPORT SIZE
- Large
- Medium
- Small
BY SECTOR
- COMMERCIAL
- MILITARY & DEFENSE

Air transportation is considered as the safest mode of transportation when compared with all the other modes of transportation. In addition, global increase in population is anticipated to create demand for the additional airports to facilitate the east for air transportation, which is driving the air traffic control market growth. Moreover, it is anticipated that large investments will cater the need of new airports, especially in developing countries/regions.

Many developing countries have plans to open new airports to facilitate the air transportation within and across the country. For instance, as part of PM Narendra Modi’s vision to make India a $5 trillion economy by end of year 2025, India is planning to open additional 100 airports by the end of year 2024. This will directly create additional demand for the air traffic control systems, which boost the growth of the market.

In accordance with the data releases by the International Civil Aviation Organization (ICAO), the number of departures reached about 37.8 million in 2018, which was a 3.5% increase over the last year. This data clearly indicates the increase in the global air traffic. This results in the increased burden on the existing air space management solutions, which translates into high higher risk of the air fatalities. For instance, the global aviation accident rate increased to 2.6 accidents per million schedule departures for year 2018, from 2.4 accidents per million scheduled departures in 2017. Thus, there is a need for better airspace management solutions, which is driving the global ATC market.

The air traffic control system at any airport constitutes 20% – 50% of the overall running cost of the airport. In addition, various governments are spending heavily to install air traffic control towers (ATCT) to enhance air traffic management. For instance, Delhi IGI Airport is now equipped with the India’s tallest ATC tower with 102 meters of height. This installation is expected to help smoothen the traffic flow at the busiest airport. Further, the total cost of setting up the new ATC tower and its facilities was around $50 million. Therefore, high cost of ATC systems may hinder the growth of the global air traffic control market.

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Key Benefits For Stakeholders

This study comprises analytical depiction of the air traffic control market trends with current trends and future estimations to depict the imminent investment pockets.
The overall potential is determined to understand the profitable trends to gain a stronger foothold.
The air traffic control market analysis presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current growth and air traffic control market forecast is quantitatively analyzed from 2019to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the ATC market share.
The study also comprises the air traffic control market opportunities, which help key players in decision making.

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Name: David Correa

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Organization: Allied Market Research

Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States

Phone: 1-800-792-5285

Website: https://www.alliedmarketresearch.com/

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.

Thermal Imaging Camera Market Size is Expected to Reach $7.49 Billion by 2030 | CAGR of 10.0%

According to a new report published by Allied Market Research, titled, “Thermal Imaging Camera Market Type, Application, Industry Vertical, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global thermal imaging camera industry size was valued at $3.16 billion in 2020, and is projected to reach $7.49 billion by 2030, registering a CAGR of 10.0% from 2021 to 2030.

The report highlights numerous factors that influence the growth of the global Thermal Imaging Camera Market such as market demand & forecast and qualitative and quantitative information. The qualitative data of market report includes pricing analysis, key regulations, macroeconomic factors, microeconomic factors, key impacting factors, company share analysis, market dynamics & challenges, strategic growth initiatives, and competition intelligence.

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Key Players Analysis:

The major players profiled in the Thermal Imaging Camera Market report include, Baumer, Cognex Corporation, FLIR Systems, Inc., Basler, Keyence, Omron, Teledyne Group, TKH Group, and Sony Corporation.

Top winning strategies are analyzed by performing a thorough study of the leading players in the global Thermal Imaging Camera Market. Comprehensive analysis of recent developments and growth curves of various companies help to understand the growth strategies adopted by them and their potential effect on the market. The analysis indicates the performance potential of a firm in the market with respect to its competitors. Every company follows its own business strategy to attain the maximum market share. The companies were evaluated depending on annual reports, SEC filings, and press releases.

The study cracks market demand in 15+ high-growth markets in the regions. Region wise, the global Thermal Imaging Camera Market share has been studied across North America, Asia-Pacific, Europe, and LAMEA. In term of quantitative analysis, AMR offers market sizing in terms value. Furthermore, the study covers market forecast till 2030 along with its compound annual growth rate at segment and country level. Along with this, key market trends and Y-O-Y are covered under the same section/analysis.

Key Data Points Included in Thermal Imaging Camera Market Report

The Thermal Imaging Camera Market analysis covers detailed information pertaining to industry and major industry participants.
Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
Major countries have been mapped according to their individual revenue contribution to the regional market.
The report outlines the current market trends and future scenario of the global Thermal Imaging Camera Market to understand the prevailing opportunities and potential investment pockets.
The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.

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Segmental and Competition Dashboard

In the segmental analysis chapter, the report provides key trends, dynamics, qualitative and quantitative information related to each product segment. The report segments the global Thermal Imaging Camera Market based on financial services, distribution channel. This analysis will be covered at regional and country level for current and estimated years, i.e., 2021–2030.

Competition dashboard offers key information related to market structure and Thermal Imaging Camera Market share analysis for top players. Along with this, company profiles will be covered under same section, which includes company description, financial analysis, and key developments. The report further features these companies in the competitive landscape chapter, which covers product/service mapping of top players, competitive dashboard, competitive heat map, and key developments between 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 AMR, 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. 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 us:

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Solar Backsheet Market Growth, Demand and Investment Opportunities by 2029

The growing environmental concerns among the different verticals of businesses have led to the usage of solar energy as a major source of power. This is the primary factor that is escalating the demand for solar cells and consequently fueling the growth of the solar backsheet market. A backsheet is a key constituent of a solar PV cell and the failure of which can cause significant power degradation and can even create safety issues.

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Thus, the major companies are investing more on the research and development in search of better polymers that can provide long term durability and reliability to the solar backsheets. The polyvinylidenefluride (PVDF) used in the double fluropolymers is considered to be the toughest molecule among the fluropolymers. It provides superior resistance against dirt and sand, is chemically inert and provides better durability. The governments of different nations are encouraging the businesses to incorporate the use solar energy. Moreover, the decreasing prices of the different components of the solar cells coupled with the growing usage of solar energy in both commercial as well as residential sectors has led to the growth of the solar backsheet market.

Asia-Pacific region leads the global solar backsheet market with massive developments for the incorporation of solar energy in the developing economies of the region. According to the National Energy Administration, China is making massive investments for several rooftop solar power projects in the nation. The market in the North America region, especially in the U.S. is expected to grow significantly as the major companies are shifting towards using solar energy as it provides a competitive advantage compared to other conventional sources of energy. The solar backsheet market in Europe is anticipated to grow at a steady pace owing to the reforms made by the government to integrate renewable sources of energy into the industries.

COVID-19 scenario analysis:

The outbreak of the COVID-19 pandemic has severely affected the global solar backsheet market.

Due to the nationwide lockdowns imposed by the governments of different nations to contain the virus, the business activities almost came to a halt. This has resulted in a significant decrease in the demand for energy. Thus, the demand for solar panels have decreased and consequently affecting the solar backsheet market.

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Key Developments:

Though the fluoropolymer-based products dominate the solar backsheet market, there is a shift towards using polyvinylidene fluoride (PVDF) which is a lot cheaper. Among the several materials used to manufacture solar backsheets, the triple layered polyester based material has proven to have better cost-to-performance ratio. However, several companies are shifting towards polypropylene based core as it’s considered to be of better quality and it requires less materials

Bischof + Klein, a German company in May 2018 has come up with a complete polypropylene solution containing a core film with two protective layers. With no fluorine content, this product is also gaining attraction for being recyclable and environment friendly.

AGL Energy is an energy management company in Australia has been developing a virtual power plant model since 2017 by connecting numerous solar battery systems across different commercial and residential places in Adelaide.

Nexans Solar Technologies established an agreement with Reden, a French photovoltaic company for manufacturing and installing more than 800 units of Nexans’ KEYLIOS Solar Trackers at four solar parks in France.

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