A Market Place Research – Page 2711

AI CCTV Market Witnessing Stunning Growth as Sales is All Set to Reach $55.22 Billion by 2030

Allied Market Research published report, titled, “AI CCTV Market by Offering (Hardware, Software, and Services), Camera Type (PTZ Camera, Dome Camera, Bullet Camera, Box Camera, and Others), Deployment (Cloud-Based and On-premise), and End user (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2021–2030”

The AI CCTV Market report provides a comprehensive study of major driving factors that impact the market along with an analysis of top 10 market players, recent market developments, and pivotal trends. The report covers a detailed study of major determinants of the global market such as drivers, challenges, restraints, and upcoming opportunities.

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The AI CCTV Market report includes a comprehensive analysis of the top 10 market players that are currently leading the market. In addition, the study includes a thorough financial analysis, SWOT profile, business strategies, recently launched products & services, and business overview of the market players. The report covers recent market developments including market expansion, partnerships & collaborations, mergers & acquisitions, and new product launches. This analysis stakeholders and new business entrants to understand the latest market trends and formulate new business strategies.

The key market players analyzed in the report are Axis Communications AB, Bosch Security Systems, D-Link Corporation, Eagle Eye Networks, Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Techwin America, Panasonic Corporation, Swann, FLIR Systems, Inc., and VIVOTEK Inc

The AI CCTV Market study outlines the latest driving factors of the market along with prime challenges in the market growth. Moreover, the study includes the analysis of restraining factors that affect market growth. This analysis helps major stakeholders and new business entrants to understand the market dynamics and formulate strategies to maintain their foothold in the market and gain an advantage using the lucrative opportunities in the market.

The AI CCTV Market report offers detailed information regarding major end-users of the market and annual forecast during the forecast period. In addition, it provides an accurate revenue forecast for every year along with sales growth. These forecasts are offered by skilled analysts in the AI CCTV Market and after a thorough study of the market across various regions of the market. Thus, these forecasts are a vital source of information for understanding the lucrative prospects of the industry.

Get Detailed Analysis of COVID-19 Impact on AI CCTV Market @ https://www.alliedmarketresearch.com/request-for-customization/11992?reqfor=covid

The report offers an in-depth analysis of the Covid-19 impact on the AI CCTV Market. Since the Covid-19 outbreak, several countries closed their borders to curb the spread of infection and imposed strict regulations regarding lockdown and social distancing. This disrupted the supply chain of the AI CCTV Market. Moreover, the lack of workforce and operation of manufacturing factories at half of their capacity negatively affected the market. However, the majority of the governments across the globe have launched vaccination drives, which will help the market to get back on track.

The AI CCTV Market growth is studied across several regions and the report highlights several factors that affect the market performance across these regions including North America (United States, Canada, and Mexico), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), Europe (Germany, France, UK, Russia, and Italy), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

Key offering of the Report:

Key driving factors: An in-depth study of the dynamic factors such as drivers, restraints, challenges, and opportunities
Current market trends & forecasts: A comprehensive study of the AI CCTV Market along with recent market trends and forecasts during the forecast period to help customers make an informed decision and formulate lucrative business strategies
Segmental Analysis: A study of each segment coupled with driving factors and growth rate analysis of every segment
Geographical analysis: An in-depth analysis of the market across several geographical regions that help market players to leverage fruitful market opportunities
Competitive landscape: A study of prime market players that are currently leading the AI CCTV Market

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Key Market Segments

By Offering

Hardware
Camera Modules
Monitor
Storage
Others
Software
Services

By Camera Type

PTZ Camera
Dome Camera
Bullet Camera
Box Camera
Others

By Deployment

Cloud-based
On-premise

By End User

Residential
Commercial
Industrial

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

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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 domains.

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EO/IR Gimbals Market: Global Demand and Trends 2027

EO/IR gimbals market is projected to depict a prominent growth during the forecast period, owing to various factors such as increase in demand for intelligent sensors & sighting devices, countermeasures, and reconnaissance. Launch of upgraded technologies product in the similar field is a major factor that limits the market growth. Some of the prominent features of EO/IR gimbals are object tracking, real-time video stabilization, navigation, on-board video encoding, anti-vibration, and GEO-lock.

Allied Market Research published report, titled, “EO/IR Gimbal Market by Product Type (2-axis EO/IR Gimbals and 3-axis EO/IR Gimbals), and End Use (UAV/UAS, Defense, Marine, Law Enforcement, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”

The EO/IR Gimbals Market report provides a comprehensive study of major driving factors that impact the market along with an analysis of top 10 market players, recent market developments, and pivotal trends. The report covers a detailed study of major determinants of the global market such as drivers, challenges, restraints, and upcoming opportunities.

Download Report Sample with Latest Industry Insights @ https://www.alliedmarketresearch.com/request-sample/6648

The EO/IR Gimbals Market report includes a comprehensive analysis of the top 10 market players that are currently leading the market. In addition, the study includes a thorough financial analysis, SWOT profile, business strategies, recently launched products & services, and business overview of the market players. The report covers recent market developments including market expansion, partnerships & collaborations, mergers & acquisitions, and new product launches. This analysis stakeholders and new business entrants to understand the latest market trends and formulate new business strategies.

The key market players analyzed in the report are Leonardo DRS, CONTROP Precision Technologies Ltd., L3Harris Wescam, Ascent Vision Technologies LLC, FLIR Systems, Inc., Lockheed Martin, PVP Advanced EO Systems, I2Tech, Harris Aerial, AeroVironment, Inc., Ukrspecsystems, ZHIYUN, and MERIO

The EO/IR Gimbals Market study outlines the latest driving factors of the market along with prime challenges in the market growth. Moreover, the study includes the analysis of restraining factors that affect market growth. This analysis helps major stakeholders and new business entrants to understand the market dynamics and formulate strategies to maintain their foothold in the market and gain an advantage using the lucrative opportunities in the market.

The EO/IR Gimbals Market report offers detailed information regarding major end-users of the market and annual forecast during the forecast period. In addition, it provides an accurate revenue forecast for every year along with sales growth. These forecasts are offered by skilled analysts in the EO/IR Gimbals Market and after a thorough study of the market across various regions of the market. Thus, these forecasts are a vital source of information for understanding the lucrative prospects of the industry.

Get Detailed Analysis of COVID-19 Impact on EO/IR Gimbals Market @ https://www.alliedmarketresearch.com/request-for-customization/6648?reqfor=covid

The report offers an in-depth analysis of the Covid-19 impact on the EO/IR Gimbals Market. Since the Covid-19 outbreak, several countries closed their borders to curb the spread of infection and imposed strict regulations regarding lockdown and social distancing. This disrupted the supply chain of the EO/IR Gimbals Market. Moreover, the lack of workforce and operation of manufacturing factories at half of their capacity negatively affected the market. However, the majority of the governments across the globe have launched vaccination drives, which will help the market to get back on track.

The EO/IR Gimbals Market growth is studied across several regions and the report highlights several factors that affect the market performance across these regions including North America (United States, Canada, and Mexico), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), Europe (Germany, France, UK, Russia, and Italy), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

Key offering of the Report:

Key driving factors: An in-depth study of the dynamic factors such as drivers, restraints, challenges, and opportunities
Current market trends & forecasts: A comprehensive study of the EO/IR Gimbals Market along with recent market trends and forecasts during the forecast period to help customers make an informed decision and formulate lucrative business strategies
Segmental Analysis: A study of each segment coupled with driving factors and growth rate analysis of every segment
Geographical analysis: An in-depth analysis of the market across several geographical regions that help market players to leverage fruitful market opportunities
Competitive landscape: A study of prime market players that are currently leading the EO/IR Gimbals Market

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Key Market Segments

By Product Type
- 2-axis EO/IR gimbals
- 3-axis EO/IR gimbals
By End Use
- UAV/UAS
- Defense
- Marine
- Law Enforcement
- Others
By Region
- U.S.
- Rest of the World

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Vietnam Mobile Payment Market 2022 By Emerging Growth Rate, Application, Share And Forecast To 2027

Allied Market Research published report, titled, “Vietnam Mobile Payment Market by Type (Proximity Payment and Remote Payment), Mode of Transaction (Short Message Service, Wireless Application Protocol, and Near-Field Communication), End User (Personal and Business), Application (Hospitality & Tourism, Media & Entertainment, Retail, Healthcare, Energy & Utilities, IT & Telecommunication, and Others), and Type of Purchase (Airtime Transfer & Top-Ups, Money Transfers & Payments, Merchandise & Coupons, Travel & Ticketing, and Others): Opportunity Analysis and Industry Forecast, 2020–2027”

The Vietnam Mobile Payment Market report provides a comprehensive study of major driving factors that impact the market along with an analysis of top 10 market players, recent market developments, and pivotal trends. The report covers a detailed study of major determinants of the global market such as drivers, challenges, restraints, and upcoming opportunities.

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The Vietnam Mobile Payment Market report includes a comprehensive analysis of the top 10 market players that are currently leading the market. In addition, the study includes a thorough financial analysis, SWOT profile, business strategies, recently launched products & services, and business overview of the market players. The report covers recent market developments including market expansion, partnerships & collaborations, mergers & acquisitions, and new product launches. This analysis stakeholders and new business entrants to understand the latest market trends and formulate new business strategies.

The key market players analyzed in the report are Movi, M_Service, National Payment Corporation of Vietnam (NAPAS), NganLuong.vn, OnePAY, Orange, PayPal Holdings, Inc., SohaPay Electronic Payment Tool, VietUnion Online Services Corporation (Payoo), and VNG Corp.

The Vietnam Mobile Payment Market study outlines the latest driving factors of the market along with prime challenges in the market growth. Moreover, the study includes the analysis of restraining factors that affect market growth. This analysis helps major stakeholders and new business entrants to understand the market dynamics and formulate strategies to maintain their foothold in the market and gain an advantage using the lucrative opportunities in the market.

The Vietnam Mobile Payment Market report offers detailed information regarding major end-users of the market and annual forecast during the forecast period. In addition, it provides an accurate revenue forecast for every year along with sales growth. These forecasts are offered by skilled analysts in the Vietnam Mobile Payment Market and after a thorough study of the market across various regions of the market. Thus, these forecasts are a vital source of information for understanding the lucrative prospects of the industry.

Get Detailed Analysis of COVID-19 Impact on Vietnam Mobile Payment Market @ https://www.alliedmarketresearch.com/request-for-customization/4780?reqfor=covid

The report offers an in-depth analysis of the Covid-19 impact on the Vietnam Mobile Payment Market. Since the Covid-19 outbreak, several countries closed their borders to curb the spread of infection and imposed strict regulations regarding lockdown and social distancing. This disrupted the supply chain of the Vietnam Mobile Payment Market. Moreover, the lack of workforce and operation of manufacturing factories at half of their capacity negatively affected the market. However, the majority of the governments across the globe have launched vaccination drives, which will help the market to get back on track.

Key offering of the Report:

Key driving factors: An in-depth study of the dynamic factors such as drivers, restraints, challenges, and opportunities
Current market trends & forecasts: A comprehensive study of the Vietnam Mobile Payment Market along with recent market trends and forecasts during the forecast period to help customers make an informed decision and formulate lucrative business strategies
Segmental Analysis: A study of each segment coupled with driving factors and growth rate analysis of every segment
Geographical analysis: An in-depth analysis of the market across several geographical regions that help market players to leverage fruitful market opportunities
Competitive landscape: A study of prime market players that are currently leading the Vietnam Mobile Payment Market

Make Purchase Inquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/4780

Key Market Segments

BY APPLICATION
- Hospitality & Tourism
- Media & Entertainment
- Retail
- Healthcare
- Energy & Utilities
- IT & Telecommunication
- Others
BY TYPE OF PURCHASE
- Airtime Transfer & Top-Ups
- Money Transfers & Payments
- Merchandise & Coupons
- Travel & Ticketing
- Others
BY END USER
- PERSONAL
- BUSINESS
BY MODE OF TRANSACTION
- Short Message Service
- Wireless Application Protocol
- Near-Field Communication
BY TYPE
- PROXIMITY PAYMENT
- REMOTE PAYMENT

Key Market Players

MOVI
M_SERVICE
NATIONAL PAYMENT CORPORATION OF VIETNAM (NAPAS)
NGANLUONG.VN
ONEPAY
ORANGE
PAYPAL HOLDINGS, INC
SOHAPAY ELECTRONIC PAYMENT TOOL
VIETUNION ONLINE SERVICES CORPORATION (PAYOO)
VNG CORP

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Aircraft Flight Control Computers Market ||BAE Systems, Cobham, Curtiss-Wright , Transdigm Group , Saab AB

The aircraft computer is a device which is used to make computations on various air travelling machines (aircrafts). Computers are integrated in aircrafts in order to diminish the burden of pilot and to ensure wellbeing of passengers. In the aircraft, computers are used for various applications such as flight control & display, monitoring & regulating flight functions, recording & processing flight activities, providing communication & navigation, and for passenger entertainment. Similarly, auto-pilot mode has also became possible due to aircraft computers. Advance applications in aircraft computers has paved the way in the development of fly-by-wire system, which is being currently used in several military aircrafts such as F-18, F-22, Eurofighter Typhoon, JAS 39 Grippen, Rafale and others. Moreover, Airborne Internet has emerged as a latest development in aircraft computers, which may be used to connect aircrafts by radio & satellite link to a global information system in the future.

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Major Market Players:

BAE Systems, Cobham Limited, Curtiss-Wright Corporation, Transdigm Group Inc., Saab AB, Collins Aerospace, Raytheon Technologies Corporation, Thales Group, Honeywell International Inc., and Safran

Growing adoption of fly-by-wire system, increasing aircraft orders, , and development of advanced aircraft computers are the factors which drive the global aircraft flight control computers market. However, strict regulations in aviation industries and existing backlogs in aircrafts deliveries are hampering the growth of aircraft flight control computers market. Contrarily, growing demand for aircraft computers in unmanned aerial vehicles can be opportunistic for the growth of global aircraft flight control computers market.

Type :

Flight Control Computers
Flight Guidance Computers
Flight Director Computers
Flight Augmentation Computers
Air Data Computers
Autopilot Computers

Platform :

Commercial Aviation

Narrow Body Aircraft
Wide Body Aircraft
Very Large Aircraft
Regional Transport Aircraft
General Aviation

Business Aircraft
Light Aircraft

Increase in number of aircraft orders (both commercial and military) owing to the rise in air passenger traffic and political issues between countries, is driving the growth of the aircraft computers market. Additionally, growing tourism across the globe and decreasing fuel prices also contributed in the demand of new aircrafts. Such rise in aircraft deliveries will require additional hardware such as aircraft flight control computers. Hence, increase in aircraft orders will create demand of aircraft flight control computers and thereby driving the global aircraft flight control computers market.

Covid-19 Scenario analysis:

Due to covid-19 situation, the production rate of industries across the globe has been hampered due to the declared lockdowns and government restrictions on public gatherings.
The demand of aircraft flight control computers is affected due to the cancellation of large number of flights across the globe to curb the transmission of the virus.
Restrictions on travel may lead to cancellation of airplane order in near future which may affect the aircraft manufacturing companies and thereby aircraft flight control computers.
Demand for relevant spare parts & services is also down since there are no requirement as many airline’s business has been closed due to COVID 19 pandemic.
Key companies of the aviation industry which are getting affected globally include Qatar Airways, Emirates, China Eastern Airlines, Lufthansa, Boeing, Airbus, American Airlines Group Inc., and Delta Air Lines. For instance, Qatar Airways suspended all of its flights to and from Italy that was one of the worst-hit countries by the pandemic of COVID-19.

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Key benefits of the report:

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

Contact Info:

Name: David Correa

Email: Send Email

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.

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.

Aircraft Electromechanical Actuators Market 2029 || Rockwell Automation, Honeywell International , Moog , Safran, Collins Aerospace, Woodward

Actuators control the movement & mechanism of the aircraft. The aircraft actuators consist of a reduction gear that is used to control the rotating motion. In the aircraft, actuators are used in wide range of applications, such as to control & limit speed of the aircraft by adjusting levers & flaps. Aircraft actuators have ability to withstand ambient conditions such as strong vibrations, heat, and cold. Moreover, several aircraft actuators are used while landing operation of an aircraft. For instance, linear actuators are used to open the gate of landing gear, landing gear lowers its position with the help of actuators and others. Traditionally hydraulic actuators were used in landing gear; however, increasing use of electromechanical actuators due to its high efficiency & reliability as compared to other actuators is the new trend of the aircraft actuator market.

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Major Market Players:

Rockwell Automation Inc., Honeywell International Inc., Moog Inc., Safran, Collins Aerospace, Woodward Inc., Infineon Technologies AG, Microsemi, Vishay Intertechnology Inc., Airbus S.A.S., and Boeing.

Increasing aircraft orders, rise in demand for reducing aircraft weight, and increase in demand for premium air travel drive the growth of the aircraft electromechanical actuators market. However, rapid technological upgrades are hampering the market growth. On the contrary, modernization plans of the existing aircrafts are expected to create new opportunities in the global aircraft electromechanical actuators market.

Application:

Flight Control System
Health Monitoring System
Power Distribution System

Centralized Electrical Power Distribution System (CEPDS)
Semi-Disturbed Electrical Power Distribution System (SDEPDS)
Advanced Electrical Power Distribution System (AEPDS)
Fault Tolerant Electrical Power Distribution System (FTEPDS)

Power Generation System
Avionics System
Landing and Braking System
Fuel Management System
Others

Aircraft Type:

Narrow Body Aircraft (NBA)
Wide Body Aircraft (WBA)
Very Large Aircraft (VLA)
Regional Transport Aircraft (RTA)
Business Jets

Rise in air passenger traffic and political issues between countries is resulting in increase in number of aircraft orders (both commercial and military). Additionally, growing tourism across the globe and decreasing fuel prices also contributed in the demand of new aircrafts. Such rise in aircraft deliveries will require additional hardware such as aircraft actuators. Hence, increase in aircraft orders will create demand for the aircraft electromechanical actuators; thereby, driving the global aircraft electromechanical actuators market.

COVID-19 Scenario analysis:

Due to COVID-19 situation, the production of aircraft electromechanical actuators across the globe has been hampered due to the declared lockdowns and government restrictions on travelling.
Supply of aircraft actuators parts such as electronic components, position sensors, and arresting brakes have been adversely impacted due to COVID-19.
Government restrictions on travelling due to COVID-19 has adversely impacted the demand for new commercial & private business jets. Thereby, growth of aircraft electromechanical actuators market has also been negatively impacted.
Demand of aircraft electromechanical actuators is expected to rise in near future as travel restrictions start loosen up in few parts of the world.
Demand for spare parts is also down since there are no requirement from the airlines as many airline’s business has been closed due to COVID-19 pandemic.

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Questions answered in the aircraft electromechanical actuators market research report:

What are the leading market players active in the global aircraft electromechanical actuators market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What are the projections for the future that would help in taking further strategic steps?

Contact Info:

Name: David Correa

Email: Send Email

Organization: Allied Market Research

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

Phone: 1-800-792-5285

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About Allied Market Research

Static VAR Compensator Market to Hit $1,135.4 Million by 2030, at a CAGR of 4.1%

According to a new report published by Allied Market Research, titled, “Static VAR Compensator Market by Type, Component, and End Use: Global Opportunity Analysis and Static VAR Compensator Industry Forecast, 2021–2030, The global static VAR compensator market size was valued at $758.2 million in 2020, and is projected to reach $1,135.4 million by 2030, growing at a CAGR of 4.1% from 2021 to 2030.

Increasing fuel prices and rising awareness of zero-emission transport systems have made the governments of India, Bangladesh, and others increase the emphasis on electrified track work. For instance, according to a report published by the Indian Ministry of Railways, the share of the electrified track has surged from 24% in 2000 to 40% in 2017 and over 65% by the end of 2020. This is anticipated to increase the sales of static VAR compensators for increasing the voltage profile of railway traction systems, thereby fueling the market growth. This factor is predicted to augment the growth of the global market.

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The advanced digital control algorithm for the SVC system developed by General Electronics represents the latest design methodology by using a powerful model-based design approach. It is built by using a core library of complex control algorithms with automated code generation for all testing and verification stages. It also consists of a built-in event logger with automated time stamping of one millisecond resolution and can be remotely accessed via the internet using a secured protocol. This model-based advanced digital control algorithm for the SVC system has already revolutionized the approach for critical control software in power grids, aviation, renewable energy, and other sectors. Thus, the use of advance digital control SVC systems with automated control features is anticipated to open up new sales opportunities in the market.

By type, the market is segregated into thyristor based and MCR based. The thyristor-based segment dominated the global market in terms of revenue in 2020, with over three-fourth of the total share. The thyristor-based static VAR compensator enhances the system stability and power over an unlimited range without any time delay. This feature has attracted the sales of thyristor-based static VAR compensators among various end-use sectors, thereby fueling the market growth.

By component, the global static VAR compensator market is classified into power electronic device, harmonic filter, thyristor, reactor, capacitor bank, GIS switchgear, control protection system, and others. The thyristor segment dominated the global market in terms of revenue in 2020, with over one-fourth of the total share. the use of thyristor in static VAR compensator enhances the system’s stability and power over an unlimited range without any time delay. This feature has attracted the sales of static VAR compensators among various end use sectors. In addition, the escalating demand for static VAR compensators with thyristor in AC controllers, electric-utility, and others is anticipated to create remunerative opportunities for the market.

By end use, the market is divided into electric utility, railways, industrial, and oil & gas. The electric utility segment dominated the global market in terms of revenue in 2020, with over two-third of the total share. Increasing power consumption has forced the electric utility companies to generate and transmit more electricity where static VAR compensators are widely used for providing fast-acting reactive power compensation on high voltage transmission networks, thereby fueling the market growth.

Region-wise, the static VAR compensator market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period and accounted for 29.4% of the static VAR compensator market share in 2020. Japan witnessed a significant rise in renewable energy sectors where static VAR compensators are widely employed in renewable power generation and transmission systems for reducing voltage flickering. For instance, according to a report published by International Energy Agency, renewable power generation in Japan is expected to reach from 19% in 2019 to 24% in 2024. This is expected to foster the growth of the static VAR compensators in the Asia-Pacific region.

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Key players operating in the global static VAR compensator market include American Superconductor, Eaton, General Electric, Hitachi ABB Power Grids, Mitsubishi Electric Corporation, Nidec Industrial Solutions, NISSIN ELECTRIC Co., Ltd., NR Electric Co., Ltd., Rongxin Power Ltd., and Siemens AG.

COVID-19 analysis

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The static VAR compensator market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on electric utility, railways, steel and metal, mining, heavy industrial, oil and gas, and other sectors. According to a report published by the National Bureau of Statistics of China, the large-scale manufacturing industry witnessed 20% decline in production in March 2020 as compared to March 2019 while profits declined by 66%. Several companies have either shut down or minimized their operations due to the risk of infections among the workforce where static VAR compensators are used for voltage stabilization purposes. This has temporarily hampered the growth of the static VAR compensator market amid the COVID-19 period.

In addition, the falling income of customers and travel restrictions imposed by both local and government bodies for running special trains on selected routes have led to a contraction of the demand for static VAR compensators among railways. According to a report published by Energy and Economic Growth Survey, the oil & gas sector is among the hardest hit sector with an average contraction of -2.8% in 2020. This has decreased the demand for static VAR compensator for voltage compensation applications in the oil and gas sector. Around 180 countries have temporarily stopped the trade of unnecessary products, which, in turn, has hampered the demand-supply chain of static VAR compensators amid the COVID-19 situation.

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About Us

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 solar generator Market To Hit $907.0 Million by 2030, at a CAGR of 16.9%

According to a new published report by Allied Market Research titled, “Industrial Solar Generator Market by Connectivity, application, and region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global industrial solar generator market size was valued at $ 195.2 million in 2020, and is forecasted to reach $ 907.0 million by 2030, growing at a CAGR of 16.9% from 2021 to 2030.

Solar generators are cost-effective; they require minimum capital to operate, produce no pollution, and may store energy for later use. They are rapidly being deployed for the generation and distribution of power across the globe as a result of these considerations. Due to growing urbanization and population growth, an imbalance between supply and demand for energy has resulted in power shortages in many areas, which solar generators can help to alleviate.

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Furthermore, the market is impacted by growing worries about climate change, which has raised awareness of the benefits of renewable energy sources like as solar, hydro, and wind. Owing to which, governments of various countries are encouraging investments in renewable resources by providing tax relaxations and incentives. These are some of the factors which are driving the demand of industrial solar generators globally. Also availability of alternate energy source for power generation can be a restraint to the growth of the market, while increasing government policies on renewable resources by providing tax relaxations and incentives can be considered a industrial solar generator market opportunities. These factors are some of the market trends industrial solar generator market trends.

The global Industrial solar generator market is segmented on the basis of type, application, and region. On the basis of Type, the global Industrial solar generator market is segmented into below 40 KWH, 40-80 KWH, 80-150 KWH, and over 150 KWH. The 80-150 KWH segment accounted for the largest share in 2020, while the 40-80 KWH segment is projected to grow at the highest CAGR of 18.0%.

The applications of Industrial solar generator include Electrical Industry, Oil and Gas Industry, and others. The industrial solar generator Market Share in oil & gas segment accounted for the largest share in 2020, while the Electrical Industry segment is projected to be the fastest growing segment at a CAGR of 18.2%.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest share of the market in 2020 as well as was the fastest growing region.

Major players operating in the global industrial solar generator industry include Juwi, Ameresco, Intech Clean Energy, REC Solar, Jakson Group, Kirchner Solar, Goal Zero LLC, Hollandia Solar, and Altern Limited.

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Key Findings Of The Study

On the basis of type, the 80-150 KWH segment emerged as the global leader by acquiring more than 36% of the market share in 2020, and is anticipated to continue this trend during the forecast period.

On the basis of application, the Oil and Gas Industry segment accounted for more than 46% of the global market share in FY 2020.

On the basis of region, Asia-Pacific is a major market of industrial solar generator among other regions. It accounted for around 39% of the global market share in 2020.

Impact Of Covid-19 On The Global Industrial Solar Generator Market

COVID-19 has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Some of the major economies suffering from the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.

Industrial solar generator is primarily used in Electrical Industry, Oil and Gas Industry, industrial, and personal care.

In many countries, the economy has dropped due to the halt of several industries, especially transport and supply chain. Demand for the product has been hindered as there is no development due to the lockdown.

The demand–supply gap, disruptions in raw material procurement, and price volatility are expected to hamper the growth of the industry during the COVID-19 pandemic.

Due to a scarcity of resources in various parts of the world, the COVID-19 epidemic has impacted negatively on the manufacturing and industries. The industry’s top players are concerned about the market’s prospects and are rethinking their strategies to meet the challenge.

The global solar generator industry has been negatively impacted by the COVID-19 pandemic. During lockdowns, the electricity sector has also been harmed due to a huge drop in demand for industrial energy around the world.

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Floating Wind Turbine Market to Hit $30.6 billion by 2027, at a CAGR of 32.5%

According to a new report published by Allied Market Research, titled, “Floating Wind Turbine Market by Foundation and Depth: Opportunity Analysis and Industry Forecast, 2020–2027”, The global floating wind turbine market size was valued at $3.2 billion in 2019, and is projected to reach $30.6 billion by 2027, growing at a CAGR of 32.5% from 2020 to 2027.

Growing concern from government across the globe regarding renewable power source is anticipated to boost the floating wind turbine market growth. In addition, around 80% of the offshore wind resources are located in waters of more than 60 meter depth, where fixed off shore turbine is not effective. As the floating structure can harness wind resources even at deep water level, it is more effective in narrow continental shelf region with sea water depth more than 200 meter. In addition, floating wind turbine can decrease the cost of energy production more than that of fixed wind turbine in case of long term business. For instance, the present levelized cost of energy (LCOE) for wind turbine in Europe is around $220-$245 which is expected to reach $50-$73 by 2030.

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Based on foundation, the spar-buoy segment garnered highest floating wind turbine market share, owing to its simple design which can be easily fabricated. In addition, spar-buoy involves few numbers of welds unlike other designs.

Based on depth, the deep water (>60 meter) segment emerged as the market leader. The installation of deep water turbine offers large area with no constraint of water depth which helps in selecting the best site for wind power plant.

Europe accounted for significant floating wind turbine market share, owing to favorable government measures to promote renewable power sources for industrial and commercial applications.

Major players have adopted product launch, business expansion, and acquisition to sustain the intense market competition. The key players profiled in the floating wind turbine market report include Siemens Gamesa Renewable, MHI Vestas Offshore Wind, Senvion SA, ABB group, GE Renewable Energy, and NORDEX SE.

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Key findings of the study

• Semi-submersible Foundation is projected to grow at the highest CAGR of approximately 33.9%, in terms of revenue, during the forecast period.
• By depth, the shallow water segment is anticipated to grow with a CAGR of 33.3%, in terms of revenue, during the forecast period.
• The Europe dominated the floating wind turbine market with more than 60% revenue shares in 2019.

COVID-19 scenario analysis:

• Nation wise lockdown has severely impacted the wind turbine manufacturing in countries like China, Germany. Large number of manufacturing plants across these countries were operating with limited production capacity for last 6-8 months which negatively impacted the floating wind turbine market growth
• Additionally, reduced manpower for planned maintenance became a major issue for industry players. As social distancing norms were imposed during the pandemic, it largely reduced active manpower in manufacturing sites
• Furthermore, disruption in supply chain led to various project delays and cancellation of orders which further affected the key markets for both blade production and wind turbine installations.
• However, implementation of digitization may aid in remote monitoring for project execution; thus, limiting the labor force as much as possible.

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Solar Water Heater Market to Hit $6.7 billion by 2027, at a CAGR of 6.1%

According to a new report published by Allied Market Research, titled, “Solar Water Heater Market by Type, Capacity, and End User: Opportunity Analysis and Industry Forecast, 2020–2027”, The global solar water heater market was valued at $4.7 billion in 2019, and is projected to reach $6.7 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.

Surge in demand for water heating systems in isolated and rural areas is anticipated to propel the market growth. Small-scale solar water heaters are predominately used in rural areas due to low cost and high efficiency in various climate conditions. For instance, China has around 5,000 small & medium-scale solar water heater manufacturers and most of them serve in the rural areas. In addition, substantial government support in terms of rebate and energy schemes is expected to further attract new customers, thereby enhancing the market growth.

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Based on type, the glazed segment emerged as the market leader, owing to high absorption efficiency of glazed collectors compared to unglazed collectors. However, high price of glazed collectors may restrict the usage for small-scale applications.

Based on capacity, the 100 liter capacity segment accounted for significant market share. This is attributed to rise in demand in the residential sector. Low-cost solar water heater with 100 liter capacity is sufficient for a family of 2-3 members in residential buildings.

The residential solar water heater segment accounted for significant market share, owing to robust investment in the construction sector for re-establishment and refurbishment of buildings. Most of these new buildings have solar collectors installed on the roof, which are connected to the water tank by means of a circulating pump.

North America accounted for a significant market share, owing to favorable government measures to promote solar power technologies for residential and commercial places.

Major players have adopted product launch, business expansion, and acquisition to sustain the intense market competition. The key players profiled in the report include Himin Solar Energy Group, V-Guard Industries Ltd, Ariston Thermo SpA, KODSAN Company, Solav Energy, Zhejiang JiaDeLe Solar Co., Ltd., SunPower Corporation, A.O. Smith, and Alternate Energy Technologies.

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Key findings of the study

• Glazed sola water heater is projected to grow at the highest CAGR of approximately 6.2%, in terms of revenue, during the forecast period.
• By capacity, the others segment is anticipated to grow with a CAGR of 8.2%, in terms of revenue, during the forecast period.
• The Asia-pacific dominated the market with around 55% revenue shares in 2019.

COVID-19 scenario analysis:

• The global solar water heater market has no significant impact of Covid-19 unlike conventional gas or electric water heaters.
• However, during new solar collector and water tank installation, the shortage of manpower and social distancing norms delayed new projects.
• In addition, complete lockdown and social distancing norms across different countries delayed the cross-border export and import activities. This led to supply chain disruptions in the upstream and downstream channels.
• Furthermore, high dependency on Chinese exports for various solar cell and solar module negatively impacted the market.
• As significant number of production plants in China had been operating with limited production capacity for the last few months, it negatively affected the global solar water heater production.

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Hybrid Train Market To Hit $23.9 billion by 2027, at a CAGR of 6.6%

According to a new report published by Allied Market Research titled, “Hybrid Train Market by Propulsion Type, Application, and Operating Speed: Opportunity Analysis and Industry Forecast, 2020–2027,” Global hybrid train market size was valued at $16.2 billion in 2019, and is projected to reach $23.9 billion by 2027, growing at a CAGR of 6.6% from 2020 to 2027.

Significant development of infrastructure and reduction in carbon emissions are the key factors driving the hybrid train market growth in the coming years. In addition, rise in population across several regions demands for efficient and sufficient transport infrastructure, which in turn, increases the demand for hybrid rail vehicles during the forecast period. However, high cost associated with development and complexities with hybrid train infrastructure network may hamper the market growth during the analyzed timeframe. On the contrary, rapid growth in hydrogen powered and solar powered hybrid trains is expected to create opportunities for the hybrid train market in the coming years.

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On the basis of application, the passenger application segment holds the largest market share of 88.4% with a growth rate of 6.6%, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the gaining importance of hybrid trains and reducing the traffic and pollution from road transport. Moreover, rise in demand for traveling safely, reliability, connectivity, and rising urbanization are the key factors driving the passenger hybrid train market growth in the coming years.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Europe held the dominant share in 2019, and is anticipated to maintain this trend during the forecast period. This is attributed to rise in adoption of hybrid trains from economies such as Germany, France, Spain, and the UK in the region. In addition, rise in urbanization and rail infrastructure construction activities in European countries is increasing the demand for hybrid trains, which further drives the growth of the hybrid train market during the forecast period. Moreover, increase in government initiatives toward reducing carbon emissions is expected to fuel the market growth from 2020 to 2027.

The global hybrid train market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the report include Alstom SA, Ballard Power Systems, Inc., Bombardier, Inc., China Railway Rolling Stock Corporation (CRRC), Hyundai Rotem Company, Kawasaki Heavy Industries, Ltd., Siemens AG, Stadler Rail AG, Toshiba Corporation, and Wabtec Corporation.

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Key Findings of the Study

• In 2019, the electro-diesel segment accounted for majority of the share of the global hybrid train market, and is expected to maintain its lead throughout the forecast period.
• In 2019, the passenger segment accounted for about 88.4% of share in the global hybrid train market, and is expected to maintain its dominance till the end of the forecast period.
• In 2019, the 100-200 km/hr segment accounted for 51.3% market share in 2019, and is anticipated to grow at a rate of 6.8% in terms of revenue, increasing its share in the global hybrid train market.
• The passenger segment is the fastest-growing application segment in the Asia-Pacific hybrid train market, and is expected to grow at a CAGR of 6.6% during 2020–2027.
• Asia-Pacific is expected to grow at the fastest rate, registering a CAGR of 6.8%, during the forecast period.
• In 2019, Europe dominated the global hybrid train market with more than 39.6% of the market share in terms of revenue.

COVID-19 impact on the market

The hybrid train market is anticipated to witness steady growth in 2020, owing to the outbreak of the COVID-19 pandemic. The outbreak has negatively impacted various industries and countries across the globe. However, owing to the lockdown imposed across the globe, there is decrease in the growth rate of industries such as transportation, railway, oil & gas, and energy sectors. In Europe, economies, such as Germany, France, Spain, and Italy, are following stringent measures, such as maintaining social distance and limiting movements, to prevent the spread of coronavirus. Similar such safety measures have been witnessed across the globe, which further impacted the growth of the hybrid train market.

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