A Market Place Research – Page 2582

Land Target Acquisition Systems Market by Range (Short Range (0-8 Km), Medium Range (8-250 Km), Long Range (Above 250 Km))Forecast, 2020–2027

Target acquisition systems are multi-use weapon systems that are used for identification, location & detection of the target to permit the effective employment of lethal & non-lethal weapons. Target includes a wide array of resources that an enemy commander can use to conduct operations including mobile and stationary units, forces, equipment, capabilities, facilities, persons and functions. Target acquisition can be considered as the process of a weapon system to decide which object to lock on to, as opposed to surveillance on one and target tracking. Talent acquisition systems are in high demand due to their increased use in intelligence, surveillance & reconnaissance (ISR) missions. Target acquisition systems also work parallel with the missile and bomb guidance mechanisms & battlefield management systems.

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Major Market Players:

Elbit Systems Ltd., BAE Systems, ASELSAN A.Ş., IAI, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Safran, Rheinmetall AG, and INSTRO PRECISION

Advancements in automatic weapons, increasing defense expenditure of countries, rise in demand for artillery systems by military forces, increasing demand for surveillance vehicles, and ongoing military modernization programs worldwide are some of the major factors expected to drive the growth of land target acquisition systems market. However, the high operational cost of target acquisition systems is a factor which may hamper growth of the global land target acquisition systems market. On the contrary, growing investment in the research & development (R&D) sector for the development of technologically advanced systems for defense applications are the opportunistic for the future growth of land target acquisition systems market.

Sub System

Cameras
Scopes & Sights
Detecting & Locating Systems
Modules
Add-On Systems
Others

Platform

Armored Vehicles

Man Portable Systems
Infantry Soldiers
Surveillance Towers
Unmanned Surface Vehicles (USV)

End Use

Military

Intelligence, Surveillance & Reconnaissance (ISR)
Weapon Targeting
Homeland Security

Border Security
Coastal & Maritime Surveillance
Search & Rescue
Critical Infrastructure

Threat of cross border terrorism, security of land borders, and drugs dealing are the major challenges faced by armies. Therefore, demand of surveillance vehicles is increasing as such systems are capable of surveillance from a safe distance. In addition, such systems also save lives of troops from cross border firings as it provides specific locations of threats, which can then be neutralized by forces. Hence, increasing demand of surveillance vehicles is driving the growth of the global land acquisition systems market.

COVID-19 Scenario analysis:

Due to COVID-19 situation, the research & development in land target acquisition system industries across the globe has been hampered due to the declared lockdowns and government restrictions on public gatherings.
Production rate of land target acquisition systems has been hampered due to COVID-19 pandemic.
Supply chain of spare parts of land target acquisition systems have also been negatively affected due to temporarily closing down of several defense industries.
There will be considerable rise in demand in land global target acquisition system market in near future as world is moving toward normalcy.
Post COVID-19, land target acquisition system market can see a significant growth as several countries have either already ordered or planning to procure such systems for their forces.

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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.

Hypersonic Precision Guided Munition Market Opportunity Analysis and Industry Forecast, 2020–2027

Precision has always been recognized as an important attribute of weapon development. Precision guided munition belongs to a category of weapons that can be aimed & directed against a single target. Such weapons rely on external guidance system or their own guidance system. Precision guided munition can be launched from aircrafts, submarines, ships, land vehicles, and even from individual soldiers from the ground. Hypersonic guided missiles have the ability to travel at the speed of more than 5 mac. Countries such as Russia and China have developed varieties of such weapons, whereas USA, India, Japan, and other countries are also developing advance hypersonic precision guided munition..

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Major Market Players:

Lockheed Martin Corporation, BAE Systems, Northrop Grumman Corporation, Elbit Systems Ltd., Boeing., General Dynamics Corporation, Saab AB, Israel Aerospace Industries Ltd., Raytheon Technologies Corporation, MBDA, and KONGSBERG

Increasing demand for hypersonic precision guided munitions to minimize collateral damage, political insurgencies & cross border conflicts, reduction in logistics burden, and growing military modernization programs are some of the major factors that drive the hypersonic precision guided munition market. However, regulations related to arms transfer, high manufacturing & development costs of hypersonic precision guided munitions, and issues related to integration of larger precision guided munition are acting as restraint to the market growth. On the contrary, increasing research & development in precision guided munition firms will contribute further for the growth of global hypersonic precision guided munition market in the future.

Product

Tactical Missiles

Surface to Surface Missile
Air to Air Missile
Air to Surface Missile
Surface to Air Missile
Subsea to Surface Missile
Guided Rockets

Surface to Surface
Air to Surface
Surface to Air
Guided Ammunition

Guided Mortar
Guided Artillery Shells
Guided Bombs
Guided Bullets
Loitering Munition

Technology

Infrared

IIR Homing
IR Homing

Semi Active Laser
Inertial Navigation System (INS)
Global Positioning System (GPS)
Radar Homing

Active Homing
Semi Active Homing

Anti-Radiation
Others

The requirement to replace & upgrade existing systems such as inertial navigation system (INS), global positioning system (GPS), radar homing, semi-active lasers, and anti-radiation is enabling industries to invest heavily in research & development of precision guided munitions. For instance, in February 2020, India announced its efforts to develop tactical ballistic missiles with a range of 200 km. The missile is being developed by the “Defence Research and Development Organization” (DRDO) of India, and trails of missile system are expected to begin in 2021. Such increase in investments & improving technology is expected to provide significant amount of growth opportunities in the global hypersonic precision munition market.

Key benefits of the report:

This study presents the analytical depiction of the global hypersonic precision guided munition industries 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 hypersonic precision guided munition market share.
The current market is quantitatively analysed from 2020 to 2027 to highlight the global hypersonic precision guided munition market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global hypersonic precision guided munition market analysis based on competitive intensity and how the competition will take shape in coming years.

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Agrochemicals Market to Reach $336.4 Mn by 2026

Allied Market Research published a report, titled, “Agrochemicals Market by Type (Fertilizers and Pesticides): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global agrochemicals industry garnered $241.6 million in 2018, and is estimated to reach $336.4 million by 2026, growing at a CAGR of 4.2% from 2019 to 2026.

Prime determinants of market

Increase in population and subsequent surge in demand for food, limited agricultural land, soil degradation, and rise in awareness drive the growth of the global agrochemicals market. However, potential harms related to usage of synthetic pesticides including 2, 4-D, and atrazine herbicide restrain the market growth. Usage of agrochemicals in higher concentration results in surface water pollution and adversely affects the environment. Thus, manufacturing of bio-based fertilizers and pesticides offer numerous opportunities in coming years.

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Detailed segmentation

The report segments the global agrochemicals market into type and geography. Based on type, the fertilizers segment garnered the highest revenue and contributed to the largest share in terms of volume of the market in 2018. This is due to the issues raised from soil degradation and high population. The research also analyzes the pesticides segment.

Based on region, Asia-Pacific held the highest market share in 2018, accounting for more than half of the global agrochemicals market, and is estimated to maintain its lead status during the forecast period. This is due to huge percentage of land available to carry out agricultural activities and a large number of ongoing agricultural activities in highly populated regions including India and China. Moreover, LAMEA is expected to grow at the fastest rate, portraying a CAGR of 5.4% from 2019 to 2026. North America would register the highest growth rate with a CAGR of 3.5% during the forecast period. The research also analyzes the European region.

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Leading market players

Agrium Inc.
Bayer AG
BASF SE
Dow AgroSciences LLC
E. I. du Pont Nemours and Company
Monsanto Company
Sumitomo Chemical Co.
Syngenta AG
The Mosaic Co.
Yara International ASA

Foam Blowing Agents Market Statistics: Actually a Good Investment Option in Current Scenario, Report

Increase in demand for polyurethane foams, better insulating performance of foams, and technological advancements are the major factors fueling the growth of the global foam blowing agents market. The rise in construction has propelled the demand for polyurethane foams with usage in insulating rooftops and buildings. In addition, the demand for high efficiency polymeric foams in the construction sector is expected to augment the demand for foam blowing agents. The demand for polystyrene is expected to grow significantly, owing to applications in packaging and electronics. The Asia-Pacific region is projected to remain the dominant region in the world, followed by North America and Europe.

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According to Eswara Prasad, Team Lead, Chemicals & Materials at Allied Market Research, “Eco-friendly CO₂ technology can be opted as an alternative to F-gases in the production of insulating building material such as extruded polystyrene (XPS) synthetic rigid foams.”

Strict environmental regulations against the use of harmful F-based foaming agents have escalated the demand for cost effective, energy efficient, and eco-friendly foaming agents. In 2015, hydrocarbons witnessed the maximum demand in the market, owing to their applications in refrigeration, wall sheathing, and roofing followed by hydrofluorocarbons.

Foam Blowing Agents Market Key Findings:

In 2015, hydrocarbons occupied approximately two-fifths of the total share in terms of revenue.
The hydrocarbons segment in the foam blowing agent market is expected to achieve a CAGR of 5.37% in terms of revenue from 2016-2022.
The hydrofluorocarbons segment in the foam blowing agent market is expected to achieve a CAGR of 6.24% in terms of volume from 2016-2022.
The Asia-Pacific region is projected to be the fastest growing region for the polyurethane segment in the foam blowing agent market.
North America accounted for approximately one-fourth share by revenue in 2015.

Investment by multinational companies and low developmental costs in China and India has fostered the market growth of foam blowing agents. In addition, China has the largest market for foam blowing agents in the Asia-Pacific region, followed by India due to the increase in demand for polyurethane foams in the construction and automotive industries.

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Prominent market players in this market include Arkema S.A. (France), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), E.I. du Pont de Nemours & Company (U.S.), Haltermann GmbH(Germany), Harp International Ltd. (UK), Daikin Industries, Ltd. (Japan), Sinochem Group (China), Solvay S.A. (Germany, and ZEON Corporation.

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Wax Market Statistics: A Huge Opportunity For Investors by 2030

Waxes are a mixture of hydrophobic organic materials that turns into solid state at a temperature of 20°C, and melts at temperature higher than 40°C up to 140°C. Wax offers superior resistance towards temperature. The key sources of producing wax are petroleum, plants, animals, and natural gases. Paraffin/mineral wax, synthetic wax, and natural wax are the three types of waxes available in the market.

According to a new report published by Allied Market Research, titled, “Wax Market by Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the global wax market was valued at $9,322 million in 2016, and is projected to reach at $11,780 million by 2023, registering a CAGR of 3.4% from 2017 to 2023.

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High adoption rate of waxes in the packaging applications and their superior properties such as heat and water resistance make them suitable for use in hot melts, emulsions, and candles, which act as the major drivers of the global wax market. Moreover, increase in use of wax as a raw material for several cosmetics products boosts the market growth. However, high cost of synthetic and natural wax restricts the growth of the market. In contrast, the augmented use of wax in developing natural cosmetic products is anticipated to offer growth opportunity for the market.

Based on application, the market for wax is divided into candles, packaging, emulsions, hot melts, floor polishes, and others. The candles application was the highest revenue contributor in 2016, accounting for around three-fifths share. This is attributed to increased use of candles in hotels, spa, and other buildings for aromatherapy.

By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America generated the highest revenue in 2016, accounting for $2,885 million, owing to development of the cosmetic industry.

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KEY FINDINGS OF THE STUDY

North America dominated the market both in terms of value and volume
Asia-Pacific is projected to register the highest growth rate from 2016 to 2023.
The LAMEA market contributed one-fifth of the global market revenue in 2016.
U.S. was the highest revenue contributor of the wax market globally in 2016.
China is projected to register the highest growth rate from 2016 to 2023 in the Asia-Pacific wax market.

China and India collectively contributed approximately more than 70% to the Asia-Pacific market revenue in 2016. In the same year, Japan contributed approximately one-seventh of the wax market in Asia-Pacific.

The key players profiled in the report include Dow Corning, Akzo Nobel N.V., Evonik Industries, Arch Chemicals, BASF SE, Hexion Inc., Honeywell International, Lubrizol Corporation, The Clorox Company, and Momentive Performance Materials.

Biopesticides Market Booming Segments; Investors Seeking Growth 2031

Biopesticides Market was valued at $7,012.70 million in 2020, and is estimated to reach $33,638.90 million by 2031, growing at a CAGR of 13.9% from 2022 to 2031.

Microbial pesticides (products that contain microorganisms, such as bacterium or fungus as the active ingredient) and biochemical pesticides (products that contain naturally occurring substances, such as insect sex pheromones, certain plant extracts, and fatty acids) provide several advantages to farmers. Biopesticides are competitive in both price and efficiency.

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Biopesticide products provide viable alternatives in situations where conventional chemical pesticides and genetically modified crops are subject to regulatory restrictions. Biopesticides comply with market-imposed requirements for pest management programs by food processors and retailers. Furthermore, biopesticides are eco-friendly and meet stringent organic farming requirements. Biopesticides are exempted from the maximum residue limit (MRL) that is applied to synthetic pesticides and are expected to encourage the development of insect, fungal, and bacterial resistance.

One of the pillars of sustainable agriculture is an effective Integrated Pest Management (IPM) program. IPM uses biological controls (such as predatory insects), cultural practices, and chemical management to keep pest population under control. However, if a pest problem becomes serious chemicals are used. Farmer has two choices, which includes standard & synthetic product or an organic biopesticide. The main advantage of adopting biopesticides into a sustainable agricultural system is that the pesticides are environmentally safe and do not harm the soil or water supply. The adoption of biopesticides is increasing the sales which is fueling the growth of the global biopesticides market size.

Presently, biopesticides are important components in IPM programs as the availability of synthetic pesticides is declining rapidly as a result of new legislation and the evolution of resistance in pest populations. In addition, there are new biopesticides market opportunities for the development of biopesticides in IPM by combining ecological science with post-genomics technologies. These new biopesticide products are expected to give rise to new regulatory and economic challenges that must be addressed through joint working between social and natural scientists, policymakers, and the biopesticides industry.

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The biopesticides market is segmented on the basis of product type, formulation, crop type, and region. On the basis of product type, the market is fragmented into microbial, predators, and others. Depending on formulation, the market is classified into dry form and liquid form. According to corp type, the market is categorized into orchards, grazing & dry land, and field crops. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Russia Federation, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).

Depending on value, Europe and LAMEA collectively contributed approximately 40% share of the global market in 2021. Emerging countries such as Brazil, Argentina, and Chile display a huge growth potential for this market on account of high agricultural operation and decent number of population shifting toward agricultural sector in these 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.

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Photocell Market Advanced Technologies & Growth Opportunities in Industry By 2029

According to a new report published by Allied Market Research, titled, “Photocell Market – Global Opportunity Analysis and Industry Forecast, 2022-2029.” The report has depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue size, market extent, and growth prospects of the global market in terms of value and major trends at regional level.

Photocell is a device that is used to detect and measure light. In photocell device photovoltaic or photoelectric effect is used to produce voltage or current when exposed to electromagnetic radiation or light. Photocell consists of a wire anode containing evacuated sealed glass tube and concave cathode. It is also known as photoelectric cell or electric eye. These are small and inexpensive sensors that permit to detect light. They are easy to use, require low-power and do not wear out. Due to this, they often appear in gadgets, toys, and appliances. Photocells are resistor and their resistance of it is depending upon the amount of light incident on it. Photocells are available in many sizes and specifications. Photocells are used for detecting the absence or presence of a target, based on received light intensity.

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Factors such as rise in demand for photocell in development of smart cities, high reliability, and easy installation, easy availability, very low cost, and advance creative systems drive the growth of the global photocell market. However, inaccuracy of devices, affected by dust, smoke and fog, significant number of market participants, and rise in penetration of less power efficient sensors limit the growth of the global market. Focus on integrating sensor solutions for applications and increase R&D investments on advanced photocell technology across various industries are expected to offer major opportunities for market growth.

This report projects the trends and opportunities of the global Photocell market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.

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The global Photocell Market is classified on the material, application, and Region. Based on geography, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Spain, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Top leading companies in the global Photocell Market is analyzed in the report along with their business overview, operations, financial analysis, SWOT profile. The key players operating in the global market include Longjoin Electronics Co., SICK AG, SELC, Unitech Combustion, Tdc Power, ABB, Walnut Innovations, Pepperl+Fuchs, Autonics Corporation, and Banner Engineering Corp.

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Covid-19 impact analysis:
The outbreak of COVID-19 affected the global economy severely and the Photocell Market was also not an exception in this regard. The report includes the COVID-19 impact on the market along with the current stratagems, dynamic slants, lines, and tactics espoused by the major players in the sector. It would further add up value to our clients by offering the much-needed insights on the global spectrum of the market. Apart from showcasing the impact instigated on the market share and size throughout the pandemic, especially during the initial phase, it also focuses on the key strategies implemented by the frontrunners during this crisis. Simultaneously, with the rollout of mass vaccination programs across the world, the market is expected to revive soon and the report also offers the post-COVID-19 impact on the global Photocell Market.

Key segmentation:

By Type

Photo Conductive Cell
Photo Emissive Cell
Photo Voltaic Cell

By Material Used

Crystalline Silicon
Amorphous Silicon
Polysilicon
Others

By Application

Automatic Lights
Automatic Doors
Aviation
Meteorology
Burglar Alarm
Smoke Alarms
Safety Switch
Light Meters
Others

Key Benefits for Stakeholders

This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2022-2029, which assists to identify the prevailing market opportunities.
Major countries in each region are studied as per key trends, developments, and presence of industry players in the market.
Region-wise and country-wise market conditions are comprehensively analyzed in the report.
Key players of the Photocell market are also listed.
This study evaluates the value chain to understand the competitive environment across geographies.
An in-depth analysis of segmentation is provided to elucidate the prevailing market opportunities.

Fish Farming Market Share Growing at 5.8% CAGR – Global and Regional Analysis

Fish Farming Market by Environment, and Fish Type: Opportunity Analysis and Industry Forecast, 2021–2027,” The global fish farming market size was valued at $285,359.7 million in 2019, and is projected to reach $378,005.5 million by 2027, registering a CAGR of 5.8%. The others segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. Asia-Pacific held a leading position in the global market in 2019, and is expected to maintain its dominance in the future.

Surge in fish production to cater to the food supply, technological advancements, and surge in protein demand from livestock and fisheries across the world drive the growth of the global fish farming market. However, increase in temperature levels and water pollution hinders the market growth. On the other hand, evolution in inland fishing and utilization of sustainable technologies present opportunities in the coming years.

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The report provides detailed segmentation of the global fish farming market based on environment, fish type, and region.

Based on environment, the freshwater segment contributed to the largest market share, accounting for more than three-fifths of the total share in 2018, and is estimated to maintain its leadership status throughout the forecast period. Contrarily, the marine water segment is projected to portray the highest CAGR of 4.8% from 2018 to 2025.

Based on fish type, the fin fish segment held the highest share in 2018, contributing to nearly two-thirds of the global fish farming market share, and is estimated to maintain its dominant share in terms of revenue throughout the forecast period. However, the others segment is expected to witness the highest CAGR of 5.1% from 2018 to 2025.

Based on region, Asia-Pacific accounted for the largest market share in 2018, contributing to around two-thirds of the total share, and is projected to maintain its lead position throughout the forecast period. Moreover, this region is expected to register the largest CAGR of 4.8% from 2018 to 2025. The report also discusses regions such as North America, Europe, and LAMEA.

Leading players of the global fish farming market analyzed in the research include Alpha Group Ltd., Cermaq Group AS, Fish farming Technologies Asia Limited, Leroy Seafood Group ASA, Cooke Aquaculture, Nippon Suisan Kaisha, Ltd., Marine Harvest ASA, Tassal Group Limited, P/F Bakkafrost, and Thai Union Group PLC.

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Covid-19 Scenario:

Restrictions on trade and travel along with a ban on import and export affected the demand for fish. So, fish farmers needed to store their unsold farm inventory. Moreover, many farmers had to sell a large volume of fishes below market prices. In addition, restaurants and hotels were closed down. The tourism industry also halted during the pandemic. So, the demand for fish reduced significantly. This led to partial or complete stoppage of fish farming activities. The demand would grow steadily as lockdown and trade restrictions are lifted off and restaurants open during the post-lockdown period.

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Cider Market Projected To Display A Robust Growth With a CAGR of 5.0% by 2031

Cider Market by Type (Apple Flavored, Fruit Flavored, and Perry), Packaging (Draught, Cans, Glass Bottles, Plastic Bottles, and Others) and Distribution Channel (On-trade and Off-trade): Global Opportunity Analysis and Industry Forecast, 2022–2031.” As per the report, the global cider industry generated $14.57 billion in 2020, and is projected to reach $26.21 billion by 2031, growing at a CAGR of 5.0% from 2022 to 2031.

Rise in health concerns and risks associated with alcohol consumptions and increase in popularity of non-alcoholic beverages have boosted the growth of the global cider market. However, high sugar content of cider hinders the market growth. On the contrary, surge in popularity of cider in Asia-Pacific and LAMEA would open new opportunities in the future.

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By type, the apple flavored segment held the lion’s share in 2020, accounting for more than three-fifths of the global cider market, due to the ease in availability in the market. However, the fruit flavored segment is projected to portray the highest CAGR of 5.3% during the forecast period, due to its application in the food and beverage industry.

By packaging, the cans segment is anticipated is estimated to register the highest CAGR of 5.1% from 2022 to 2031, due to the trend of craft branding and quality drinks. However, the draught segment held the lion’s share in 2020, contributing to around one-third of the global cider market, due to rise in consumption of premium & super-premium ciders.

By region, the global cider market across North America is anticipated to register the highest CAGR of 7.7% during the forecast period, due to its social acceptance in the region. However, the market across Europe held the largest share in 2020, accounting for more than three-fifths of the market, owing to continuous popularity of fermented fruit drinks and alcoholic beverages in Europe.

The major players analyzed for global cider industry are Anheuser-Busch Companies LLC, Asahi Premium Beverages, Aston Manor, C&C Group plc, Carlsberg Breweries A/S, Carlton & United Breweries (CUB), Distell, Halewood, Heineken UK Limited, and The Boston Beer Company. These major market players have adopted various strategies to expand their market reach. The strategies adopted in the market are product launch and acquisition. The new market players are also entering the market with new flavors.

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Covid-19 scenario:

During the Covid-19 pandemic, the supply chain was disrupted due to trade restriction and strict regulations of lockdown. The challenges in procurement of raw materials and manufacturing create a gap in supply-demand. However, high penetration of online sale channels had a positive impact on the market.

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Proton Battery Market Size Will Escalate Rapidly in the Coming Years

According to a new report published by Allied Market Research, titled, “Proton Battery Market – Global Opportunity Analysis and Industry Forecast, 2022-2029.” The report has depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue size, market extent, and growth prospects of the global market in terms of value and major trends at regional level.

A proton battery is the storage device having electrode made of carbon. Proton battery is charged by splitting water molecules and can be the best alternative to widely used Li-ion battery. As proton battery stores more energy, it is used in place of Lithium ion battery. The development of rechargeable proton battery is an important step toward cheaper and more environmentally friendly energy storage. In upcoming five to ten years proton battery is expected to be commercially available. The advantages of using proton battery are no carbon emissions and more energy storage as compared to conventional batteries. Potential applications of proton battery include household storage of electricity from solar photovoltaic cells and with some modifications it can be used for grid storage applications.

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Ease in availability of carbon material and protons from water is expected to accelerate the growth of the proton battery market. Further, proton battery is more economical than Li-ion battery and hence it is expected to boost the growth of the market. Moreover, growing demand for proton battery in storage devices is also expected to foster the global proton battery market demand in the upcoming years. Factors such as life cycle and less current density hamper the growth of the market. Future work is being directed toward increase in current densities during charging and discharging, multiple cycle testing, and commercial production. These are expected to be the opportunistic for the global proton battery market in the upcoming years.

This report projects the trends and opportunities of the global Proton Battery market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.

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The global Proton Battery Market is classified on the material, application, and Region. Based on geography, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Spain, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Top leading companies in the global Proton Battery Market is analyzed in the report along with their business overview, operations, financial analysis, SWOT profile. The key players operating in the global market include Ballard Power Systems, Horizon Fuel Cell Technology, Nedstack Fuel Cell Technology, ITM Power, Marathon Batteries Pvt Ltd, Plug Power, Hydrogenics.

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Covid-19 impact analysis:
The outbreak of COVID-19 affected the global economy severely and the Proton Battery Market was also not an exception in this regard. The report includes the COVID-19 impact on the market along with the current stratagems, dynamic slants, lines, and tactics espoused by the major players in the sector. It would further add up value to our clients by offering the much-needed insights on the global spectrum of the market. Apart from showcasing the impact instigated on the market share and size throughout the pandemic, especially during the initial phase, it also focuses on the key strategies implemented by the frontrunners during this crisis. Simultaneously, with the rollout of mass vaccination programs across the world, the market is expected to revive soon and the report also offers the post-COVID-19 impact on the global Proton Battery Market.

Key segmentation:

By Material

Carbon
Carbon-based Material (Graphene)

By Application

Residential
Automotive
Electronics Devices
Others

Key Benefits for Stakeholders

This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2022-2029, which assists to identify the prevailing market opportunities.
Major countries in each region are studied as per key trends, developments, and presence of industry players in the market.
Region-wise and country-wise market conditions are comprehensively analyzed in the report.
Key players of the Proton Battery market are also listed.
This study evaluates the value chain to understand the competitive environment across geographies.
An in-depth analysis of segmentation is provided to elucidate the prevailing market opportunities.