Application Hosting Market Future Scenarios, Growth and Analytical Insights – 2026

Surge in Software-as-a-Service (SaaS) as well as software-centric approach among IT businesses to gain competitive advantage that leads to rise in adoption of application hosting services across the globe. Diverse agnostic acceptance for technological enhancement in business processes is facilitating the application of hosting services and solutions at a high rate.

This factor is expected to anticipate high revenue growth of the global application hosting market owing to its benefits such as instant deployment, easy maintenance, reduced administration, and others. Plethora of hosting solutions with an array of broad-spectrum solutions and services is also a major factor that propels the growth of the global market.

However, slow IT development in developing regions is posing an infrastructural challenge for implementation of the hosting technology in these regions. Whereas, vendor lock-in for cloud hosting situations further reduce the flexibility desired by organizations, which is expected to hamper growth of the global application hosting market.

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The market is segmented on the basis of service type, hosting type, deployment, enterprise size, application, industry vertical, and region. Based on service type, application hosting market is bifurcated into backup & recovery, application security, application monitoring, infrastructure services, database administration, and application programming interface management.

On the basis of hosting type, it is classified into cloud hosting, managed hosting, colocation hosting, Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and software-as-a-service (SaaS). In terms of deployment, the market is bifurcated into cloud and on-premises.

On the basis of enterprise size, it is classified into large enterprises and Small & Medium Enterprises (SMEs). By application, application hosting market is classified into web-based applications and mobile-based applications.

By industry vertical, it is categorized into travel & tourism, energy & utilities, media & entertainment, retail & e-commerce, media & entertainment, IT & telecommunications, healthcare & life sciences, Banking, Financial Services & Insurance (BFSI), and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

This report provides the profiles of the key players in application hosting market, which include Google LLC, Navisite LLC, Liquid Web, Inc., Rackspace, Inc., DXC Technology, IBM Corporation, Apprenda (Atos SE), Microsoft Corporation, Amazon Web Services, Inc., and Sungard Availability Services. Current and future application hosting trends are outlined to determine the overall attractiveness of the market.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global application hosting market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the global application hosting market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global application hosting industry.
  • The quantitative analysis of the application hosting market share from 2018 to 2026 is provided to determine the market potential.

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Related Reports:

  1. Web Hosting Services Market 

2. Managed Application Services Market

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Biomass Gasification Market Growth Analysis, Future Trends, Forecasts to 2029 | Impact of COVID-19

As a result of the growing environmental issues and rising greenhouse gas emissions, there was a shift toward environment-friendly energy sources. This is projected to offer a positive impact to the growth of the global biomass gasification market. Consequently, the biomass market has grown substantially faster than other energy sources. Furthermore, governments assist through numerous policies and guidelines together with abundant availability of biomass, which are some of the other factors that drive the market. This allows in lowering methane emissions from the decomposition of organic substances inside the landfills along with reducing the landfill spaces and groundwater contamination. However, high cost related to gasification and growing utilization of biofuels for energy generation are expected to hinder the global biomass gasification market growth.

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The global biomass gasification market is segmented across regions, including North America, Asia-Pacific, Latin America, and the Middle East & Africa. Europe forms the majority section for biogas production in the world with Germany and Sweden occupying a major proportion in the region. The global gasification market has witnessed strong growth in the Asia-Pacific region due to ample resource availability in this region and accelerated demand for energy.

Top Key players in the marker report are Lahti Energia, Vaskiluodon Voima, Rudorsdorfer Zement, Essent, Electrabel (part of GDF Suez), Sodra Cell Varo Pulp Mill, Agnion Technologies, Corenso United, Skive Fjernvarme, Babcock.

COVID–19 scenario analysis

The outbreak of coronavirus has an adverse effect on various energy-producing industries across the globe. The prices of oil have reduced, which result in declining demand for energy industries. The lockdown has reduced the consumption of fuel used in automobiles and aircraft due to restrictions on different types of transportation. This further reduces the demand for energy across the globe. Moreover, lack of manpower has forced companies to shut down their operating facilities, which reduce the revenue generated. These factors are expected to reduce the overall demand for biomass gasification market during the forecast period.

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Key benefits of the report:

  • This study presents the analytical depiction of the global biomass gasification market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global biomass gasification market share.
  • The current market is quantitatively analyzed from 2022 to 2029 to highlight the global biomass gasification market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

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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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Industrial Waste Management Market 2022 Elaborate Analysis with Growth Forecast To 2029

The waste management process involves waste collection, processing, recycling, and disposal in an efficient and efficient manner. Pollution control focuses on recycling, reducing, and reusing waste. Industries are focused on raw material that can easily be removed or reused or recycled.

Increased concerns related to health and pollution-free result in countries demanding for waste management services. Advancement in technology related to waste management technique has also been a significant factor, which has led the market to grow.

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Rise in number of industries led to increase in amount of waste generated by industries. However, they lack rules, regulations, and initiatives to reduce the waste, leading to hampering the growth of the global industrial waste management market.

The rising cost of recycling is expected to challenge the waste management market. In addition, rising global inflation and electricity costs could affect the market. Lack of proper waste collection infrastructure in many regions can also be a challenge for the market growth.

The regions analyzed in the reports are North America (the U.S. and Canada), Europe (Germany, the UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa. The U.S. and Europe have maintained rules & regulations in regarding industrial waste and management services.

The major players analyzed include SembCorp, EnviroServ Waste, Remondis, Daiseki Co. Ltd., Clean Harbors, Suez Environment, Veolia Environment, Waste Management Inc., Stericycle Inc. Calgon Carbon Corporation Republic Services Inc., Casella Waste Systems Inc., Heritage Environment Services LLC, Advanced Disposal Services, Covanta Holding Corporation, Hitachi Zosen Corporation, Reclay Group, Himark Group, SA Waste Holding Pvt. Ltd., Waste Processing Equipment Inc., and Aeration Industries.

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Key benefits of the report:

  • This study presents the analytical depiction of the global industrial waste management market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global industrial waste management market share.
  • The current market is quantitatively analyzed from 2022 to 2029 to highlight the global industrial waste management market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 
COVID-19 scenario analysis:
  • Maintaining basic urban service delivery, which includes waste collection and management, has become a major issue for cities experiencing COVID-19 exit problems.
  • The rapid growth of waste creates major challenges in emerging markets. When not properly treated, the waste sector has serious health, safety, and environmental consequences — especially in developing countries, where waste is often burned or dumped in unplanned dumps.
  • The use of Artificial intelligence (AI) can help to reduce operating costs, and at the same time, can increase customer satisfaction during the refresh process, claims, and other services.

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

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Digital Process Automation Market Growing Trade Among Emerging Economies Opening New Opportunities

Increase in the adoption for low-code automation platform and surge in the demand for business process automating are the major factors that drive the growth of the digital process automation market.

In addition, rise in the use of digital process automation in cost-effectively managing business requirements and increase in cloud-based digital process automation solutions and services fuels the growth of the market.

However, difficult integration with existing systems and tools, data security, and privacy concerns as well as lack of technical expertise hampers the growth of the market.

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Furthermore, increase in the adoption of new technologies like AI and machine learning is anticipated to create major opportunities for the growth of the global digital process automation market.

The digital process automation market is segmented into component, deployment mode, organization size, industry vertical, and region. In terms of component, the market is segmented into solution and services. By deployment mode, it is bifurcated into on-premise and cloud.

As per organisation size, it is divided into large enterprises and small & medium enterprises. As per industry vertical, the digital process automation market is categorized into BFSI, retail & e-commerce, manufacturing, government & defence, energy & utilities, IT & telecom, education, healthcare, and others. Based on region, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global digital process automation market trends and future estimations to elucidate the imminent investment pockets.
  • Information about the key drivers, restraints, and opportunities and their impact analysis on the digital process automation market share is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global digital process automation industry.
  • The quantitative analysis of the market industry from 2019 to 2026 is provided to determine the digital process automation market potential.

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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.

Similar Reports:

  1. Service Delivery Automation Market

2. Robotic Process Automation Market

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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.

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Drilling Bits Market: Major Factors that can Increase the Global Demand

North America is anticipated to be the leading market for drill bits with increased horizontal drilling and unconventional drilling activities. There are various driving factors that are responsible for the growth of drilling bit market such as increasing number of investigation and activities, both in offshore and onshore oilfields. In addition, enlargement of unconventional hydrocarbon reserves and technological advancements in drilling tools such as horizontal and vertical drilling activities are other factors expected to boost the growth of the global drilling tools market.

However, low investment in offshore sector compared to that of onshore activities may obstruct the market growth. Stringent government regulation regarding onshore and off shore drilling activities is a key challenge for the drill bits market. For instance, the clean air act in U.S. is aimed to reduce green gas emission in the oil & gas drilling industry. This act stipulates that industry players must take necessary steps to capture natural gas. However, the necessary budget for the implantation of such technology is high for new start-ups and small oil & gas companies, thus negatively impacting the market growth.

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Natural gas production globally is projected to increase from 342 billion cubic feet per day (Bcf/d) in 2015 to 554 Bcf/d by 2040. Such huge growth in natural gas production is expected to provide demand side drive for the oil and gas drill bit market. Drilling bit offers many benefits such as precision in drilling, ease in drilling process, and enhancement of the service life of the hole. 

Smith Bits, a Schlumberger company, launched the Hyper Blade hyperbolic diamond element bit that reduces drilling costs by improving the rate of penetration (ROP). Hyperbolic diamond cutting elements can cut 20% deeper into rock as compared with conventional polycrystalline diamond compact (PDC) cutters.

Drilling tools are used for exploring and extracting crude oil or natural gas. The growth of the drill bits market in Europe is driven by the improved oil recovery projects in the North Sea region. The drill bits industry is changing rapidly with new manufacturing technology and the increasing use of new raw materials in the production process. Drill bits are primary tools for oil & gas industries. Positive government standards and amendments along with competitive R&D expenditure supported by public and private intervention will drive the global drill bit market growth.

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Key benefits of the report

  • This study presents the analytical depiction of the global drilling bits market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global drilling bits market share.
  • The current market is quantitatively analyzed from 2022 to 2029 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
COVID-19 impact analysis

The novel coronavirus (COVID-19) outbreak has led to a temporary slowdown of the economic growth of countries across the world. Companies are facing operational issues due to supply chain constraints and lack of site access due to the COVID-19 outbreak. Asia-Pacific is highly affected by the spread of the COVID-19 due to the effect of the pandemic in China, Japan, and India. Oil & gas industry and diamond industry are highly affected by this global health crisis, which leads to decrease in demand of drilling bits market. Many companies have shut down their production of drilling instruments. Diamond production in 2020 is being affected by operating restrictions in many countries. 

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

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Power Monitoring Market Emerging Trends and Will Generate New Growth Opportunities

The power monitoring market is driven by factors such as the need to control the price of electricity, the need for efficient utilization of power resources and maximize the reliability of electrical infrastructure. Replacement of exciting power systems also boost the power monitoring market.  Increasing the adoption of smart grid technologies and a growing focus on industrial developments has led to a rise in the implementation of power monitoring systems and is anticipated to create lucrative opportunities for revenue generation in the forecasted period.

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Datacenter is one of the end-user segment of power monitoring market and is the fastest growing market because of the increasing investments in the IT hubs as well as an increase in the need for monitoring of the electrical power distribution infrastructure of the data center facility.

The Global power monitoring market is studied across major four regional markets including North America, Europe, Asia-Pacific, and LAMEA. North America region is expected to be the largest market over the coming years in response to the aging transmission and distribution infrastructure and smart grid investment in the region. In addition to this is further expected to complement the growth of this region. Besides this, Asia-Pacific is expected to register significant growth due to rapid urbanization and industrialization and rise in renewable power generation capacity in the region. Furthermore, in Middle East & Africa, investments in the water and wastewater industry and infrastructural development are anticipated to boost the power monitoring market in the region.

Major players analyzed include Emerson, Rockwell Automation, Mitsubishi Electric, Omron, Yokogawa, Schneider Electric, ABB, Eaton, Siemens, General Electric.

COVID-19 impact

  • The global market for power monitoring is severely impacted by the outbreak of the COVID-19 pandemic. 
  • The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns. 
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of power monitoring devices, which negatively impact the market growth.
  • However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

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Key benefits of the report:

  • This study presents the analytical depiction of the global power monitoring market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global power monitoring market share.
  • The current market is quantitatively analyzed from 2022 to 2029 to highlight the global power monitoring market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global power monitoring market analysis depending on competitive intensity and how the competition will take shape in coming years. 

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About Us

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

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Natural Gas Pipeline Market: Expeditious Growth Expected In Coming Years

Steel is one of the major raw materials used in manufacturing natural gas pipelines and the cost of steel amounts to approximately 16% of the total cost for manufacturing one mile of gas pipeline. As a result, the current trend of decreasing steel prices will substantially drive the growth of the natural gas pipeline market in the next few years.

Among all factors, increasing number of onshore for natural gas pipeline will have a positive impact on the growth of the market. Plus, the increasing investment in R&D of the product will lead to better products. However, the rise in energy prices increases the manufacturing costs, the reduction in prices of Iron ore and steel scrap, which are used as raw material to make steel, will fuel the growth of the natural gas pipeline market during the forecast period.

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The global natural gas pipeline market is studied across major four regional markets including North America, Europe, Asia-Pacific, and LAMEA. North America is expected to be the largest market in the coming years in response to increase in several technological developments. In addition, rise in investments on service-based things in the oil & gas industry is further expected to complement the growth of this region. 

Major players analyzed include Gastite, Omega Flex, Kinder Morgan (KMI), Natural Gas Pipeline, Weber, Inter Pipeline, Continental Industries, Wheatland Tube, Caspian Pipeline Consortium and Northern Natural Gas.

Covid-19 Impact

  • The global market for natural gas pipelines is severely impacted by the outbreak of the COVID-19 pandemic. 
  • The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns. 
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of natural gas pipelines, which negatively impact the market growth.

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  • This study presents the analytical depiction of the global natural gas pipeline market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global natural gas pipeline market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global natural gas pipeline market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global natural gas pipeline market analysis based on competitive intensity and how the competition will take shape in coming years. 

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

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Robo Taxi Market registering a CAGR of 67.8% from 2023 to 2030

The global robo taxi market is expected to be $1.03 billion in 2023, and is projected to reach $38.61 billion by 2030, registering a CAGR of 67.8% from 2023 to 2030. The goods transportation segment is projected to be the highest contributor to the market, with $0.61 billion in 2023, and is estimated to reach $21.71 billion by 2030, at a CAGR of 70.5% during the forecast period. The passenger transportation segment is estimated to reach $16.89 billion by 2030 at a CAGR of 74.2%.                                                           

Robo-taxis are the self-driving taxis that are autonomous vehicles, which are operated by an on-demand mobility service. They are self-driving vehicles any human involvement for the operation of the vehicle. With the introduction of automation in vehicles, the demand for self-driving vehicles has increased, which has supplemented the growth of robo-taxi across the globe. Also, autonomous vehicles have gained popularity among customers which has made companies to develop vehicles that do not require a human to drive the vehicle. With the introduction of automation in vehicles, the need for a human driver has been reduced thereby reducing the chances of accidents caused due to human errors. Also, a robo-taxi is equipped with various sensors such as RADAR, LiDAR and others, which makes the vehicle efficient to operate eventually leading to the growth of robo taxi market across the globe.

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Major Market Players:

  • Cruise LLC (subsidiary of General Motor Company)
  • Daimler AG
  • Ford Motor Company
  • Lyft, Inc.
  • Nissan Motor Corporation
  • Tesla
  • Uber Technologies
  • Volkswagen AG
  • WAYMO LLC (subsidiary of Alphabet Inc.)

Increase in government initiatives and rise in investments by the top players in the automation industry boost the growth of the global robo taxi market. Moreover, increase in development and innovations further fuels the robo-taxi industry. In addition, positive impact of developments related to autonomous vehicles carried out by numerous startups and top players fuels the market across the globe, which increases the robo taxi market size.

The factors such as demand for fuel-efficient and emission-free vehicles and need for better road safety and traffic control drive the robo taxi market growth. However, high R&D cost for implementation and cybersecurity threats is expected to hamper the robo taxi market growth. Further, government regulations and development of smart cities is expected to create numerous opportunities for the growth and expansion of the robo taxi market during the forecast period.

Key Market Segments

  • By Application
  • Goods transportation
  • Passenger transportation
  • By Component
  • CAMERA
  • RADAR
  • LIDAR
  • ULTRASONIC SENSOR
  • OTHERS
  • BY LEVEL OF AUTOMATION
  • Level 4 (L4)
  • Level 5 (L5)
  • BY PROPULSION
  • Electric
  • Fuel cell
  • Hybrid

The robo taxi market is segmented based on application, component used, propulsion, level of automation, and region. Based on application, the robo taxi market is categorized into goods transportation and passenger transportation. Based on the component used, the robo taxi market report has been categorized into camera, RADAR, LiDAR, and ultrasonic sensor. Based on the propulsion system, the robo taxi market report has been categorized into electric, fuel cell and hybrid propulsion system. Level 4 (L4) and level 5 (L5) are the level of automations that have been categorized in the robo taxi market report. Based on the region, the robo taxi market report has been categorized into North America, Europe, Asia-Pacific and LAMEA.

With the increased trend for automation among vehicles, the demand for fuel efficient and emission free vehicles has increased across the globe. This increased demand has enabled the manufacturers to develop emission free vehicles, which supplement the robo taxi market growth. Robo-taxis are intended to be completely autonomous and thus, require a better and more efficient fuel system to operate the vehicle. Also, the introduction of electric and fuel cell-based vehicles reduce their dependency on fossil fuels to a larger extent. This leads to reduction in pollution, as they do not emit air pollutants. Also, the increase in awareness toward the consequences of air pollution and rise in levels of traffic & greenhouse gas emission drive the adoption of fuel efficient and emission free vehicle, as robo-taxi is eco-friendly than other conventional vehicles in terms of fuel efficiency. Hence, the demand for fuel efficient and emission-free vehicles supplements the growth of the robo taxi market across the globe.

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Automotive Selective Catalytic Reduction (SCR) Market  projected to reach $15.05 billion by 2026

The global automotive selective catalytic reduction (SCR) market was valued at $6.05 billion in 2018, and is projected to reach $15.05 billion by 2026, registering a CAGR of 12.0%. Asia-Pacific was the highest revenue contributor, accounting for $3.16 billion in 2018, and is estimated to reach $9.88 million by 2026, with a CAGR of 15.1%. Asia-Pacific and Europe collectively accounted for around 72.6% share in 2018, with the former constituting around 52.3% share. Asia-Pacific and Europe are expected to witness considerable CAGRs of 15.1% and 9.0%, respectively, during the forecast period. The cumulative share of these two segments was 72.6% in 2018, and is anticipated to reach 82.1% by 2026.                                

Selective catalytic reduction is an advanced active emission control technology in which a liquid-reductant agent is injected into exhaust stream of a diesel engine through a special catalyst. The reducing agent is usually urea of automotive grade also known as diesel exhaust fluid (DEF), which starts a chemical reaction to convert nitrogen oxide into water, nitrogen, and minute amount of carbon dioxide (CO2). Selective catalytic reduction system for automobiles is designed to carry out the nitrogen oxide (NOx) reduction reaction to take place in an oxidized environment. It is called selective as it reduces levels of NOx using ammonia as a reductant within a catalyst system.

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Major Market Players:

  • Bosal
  • Faurecia
  • BOYSEN
  • Johnson Matthey
  • KAUTEX TEXTRON GMBH & CO. KG
  • Magneti Marelli S.p.A (subsidiary of FCA)
  • PLASTIC OMNIUM
  • ROBERT BOSCH GmbH
  • Röchling
  • Tenneco Inc

An exhaust system in a vehicle provides low emission from the vehicle, thereby causing less damage to the environment. Implementation of various government regulations across the globe for emission reduction has enabled vehicle manufacturers to develop better and advanced emission reduction systems, thereby supplementing the automotive selective catalytic reduction market growth. 

Factors such as surge in emission control regulations by government and increase in automobile production drive the automotive selective catalytic reduction market growth. However, surge in production of electric vehicles and high cost of catalysts hamper the growth of the market. On the contrary, innovations in emission control catalysts and government initiatives for emission reduction in developing nations are expected to offer remunerative opportunities for market expansion.

Key Market Segments

  • BY COMPONENT
    • Urea Tank
    • Urea Pump
    • Engine control unit (ECU)
    • Injector
    • Others
  • BY VEHICLE TYPE
    • PASSENGER VEHICLE
    • COMMERCIAL VEHICLE
  • BY FUEL TYPE
    • Gasoline
    • Diesel
  • BY REGION
    • NORTH AMERICA
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • GERMANY
      • FRANCE
      • UK
      • SPAIN
      • RUSSIA
      • Rest of Europe
    • ASIA-PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • REST OF ASIA-PACIFIC
    • LAMEA
      • LATIN AMERICA
      • MIDDLE EAST
      • AFRICA

Government has established stringent regulations for emission of pollutants from vehicles owing to combustion of fuels such as diesel fuel, fuel oil, petrol, gasoline, and biodiesel, and others. Euro 6 is a latest emission regulation set by the European Union Directive to reduce the release of harmful gases such as carbon monoxide(CO), nitrogen oxide (NOx), and hydrocarbons from exhaust system of the vehicle. Similarly, automotive catalyst is equipped in catalyst converters, an emission control device, which is used to convert toxic and harmful gases from engines into less toxic pollutants and help to meet the government emission standards. Thus, enforcement of stringent government regulations toward emission control boost the demand for automotive selective catalytic reduction technology, which fuels the growth of the global market.

Developing nations have witnessed rise in demand and production of automobile. For instance, in 2018, India became the fourth largest automobile industry in the world with increase in sale by 9.5% year-on-year to 4.2 million units. This rise in automobile production in developing nations has led to increase in production in demand for automotive catalysts system for emission control devices in automobile exhaust systems. Therefore, increase in automobile production is anticipated to boost the growth of the global automotive selective catalytic reduction (scr) market.

Key players of the emission reduction technology market are investing in improvement and development of catalysts. For instance, Johnson Matthey Inc., a leading automotive catalyst producer, is focusing on the development of three-way catalyst for future vehicle, which improves fuel efficiency and reduces carbon dioxide (CO2) emission substantially at lower operating temperature. A three-way catalyst can reduce the emitted pollutant from vehicle at 100% conversion efficiency at its operational temperature, above 400ºC, which is considerably higher. Such innovations in automotive catalysts are anticipated to provide future growth opportunity for the 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. 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.

Automotive Paint Additives Market projected to reach $5.63 billion by 2026

The global automotive paint additives market size was valued at $3.29 billion in 2018, and is projected to reach $5.63 billion by 2026, registering a CAGR of 7.0% from 2019 to 2026. North America accounted for the highest share in 2018, and is expected to be the highest contributor to the global automotive paint additives market, in terms of revenue, during the automotive paint additives market forecast.

Automotive paint additives can be defined as the components of the paints that are used in small quantities to enhance the quality and characteristics of paints. Application of additives in the right sequence and in right quantity in the paint improves the durability of quality and flow of point. The additives of additives breaks the bubbles that are formed in the paints when the paint is mixed for application. In addition, the additives are used to improve the storing and production properties of the paint and reduce the drag of paint. Automotive additives include wetting & dispersing agents, deformers, specialty additives, thicker &anti setting agents, emulsifiers, and effluent treatment additives.

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Major Market Players:

  • BASF SE
  • PPG
  • Akzo Nobel N.V
  • Eastman Chemical Company
  • The Sherwin-Williams
  • Kansai Paint Co., Ltd
  • Nippon Paint Holdings Co., Ltd
  • DuPont
  • Clariant
  • Solvay

Factor such as increase in automobile production is anticipated to propel the growth of automotive paints additives market. In addition, increase in demand for eco-friendly and innovative automotive paints is boosting the growth of market. However, rise in prices of raw materials is hindering the growth of automotive paint additives market. Conversely, production of eco-friendly and cost-effective automotive paints offers remarkable growth opportunity for the players operating in the global market.

The global automotive paint additives market is segmented into type, application, vehicle type, and region. By type, the market is divided into blending solvents, flow enhancers, fisheye eliminator, and others. On the basis of application, it is segregated into automotive decorative paint, automotive antirust paint, automotive fire-retardant paint, and others. Depending on vehicle type, it is categorized into passenger cars and commercial vehicles. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Segments

  • BY APPLICATION
    • Automotive Decorative Paint
    • Automotive Antirust Paint
    • Automotive Fire-retardant Paint
    • Other
  • BY VEHICLE TYPE
    • PASSENGER VEHICLE
    • COMMERCIAL VEHICLE
  • BY TYPE
    • BLENDING SOLVENTS
    • FLOW ENHANCERS
    • FISHEYE ELIMINATOR
    • OTHERS

The automotive industry has witnessed robust growth in the last decade, especially in countries such as China, the U.S., Japan, India, Germany, and the UK. Although the global automotive industry, in its early stage, was focused only on developed countries such as Japan, the U.S., and Germany, the manufacturing facilities presently are expanding their businesses in developing countries such as China, Thailand, and India. This is attributed to the fact that the automobile industry is witnessing rapid growth, owing to increase in industrialization in developing countries, which has led to increase in sales of commercial vehicles such as trucks, tractors, and trailers. Moreover, developing nations have witnessed rise in demand and production of automobile, which has fueled the automotive paint additives market growth. For instance, India became the fourth largest automobile industry in the world, with increase in sales of 9.5% year-on-year to 4.2 million units. Thus, surge in automobile production is anticipated to boost the growth of the global automotive paint additives market.

Increase in preference for eco-friendly paints as compared to traditional paints is a key factor that contributes toward the growth of the automotive paint additives market. This is attributed to the fact that eco-friendly paints are waterborne and traditional paints are solvent borne. Solvent-borne paints use products based on petrochemicals that contain volatile organic compounds (VOCs), which are harmful for the environment. VOCs contain a variety of chemicals, some of which may have short- and long-term adverse health effects. However, waterborne paints are thinned with water, which significantly cuts down the number of VOCs they contain. Thus, rise in demand for eco-friendly paints is anticipated to propel the growth of the automotive paints additives market, as they reduce the negative environmental impact. 

Increase in production of automotive paints additives can cause pollution, owing to emission of VOCs. Majority of VOCs are emitted from spraying operation through the use of solvent-based paints, as air in spray booth is mixed with gaseous solvent compounds. In addition, prices of materials needed for the manufacturing of automotive paints additives are rising considerably, which in turn is restraining the growth of the automotive paints additives market. Thus, production of cost-effective & eco-friendly automotive paints additives is anticipated to provide lucrative growth opportunity for the players operating in the market. 

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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.