Temporary Power Market Increased International Trade Opening New Opportunities

The global temporary power market size is anticipated to reach USD 10.6 billion by 2026 growing at a CAGR of 11.5% from 2019 to 2026 according to a new report published by Polaris Market Research.  The report ‘Temporary Power Market Share, Size, Trends, & Industry Analysis Report, By Fuel Type (Gas, Diesel, Others); By Power Rating (Less than 80 kW, 81 to 280 kW, More than 280 kW); By End-User (Retail, Healthcare, Manufacturing, Utilities, Oil and Gas, Mining, Others) and By Region: Segment Forecast, 2019 – 2026’ provides insights on the current market scenario and the future prospects. In 2018, the utilities end-user segment dominated the global market in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

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The well-known companies profiled in the market report include
Hertz Equipment Rental Corporation, Ashtead Group PLC, Speedy Hire PLC, Caterpillar, Inc, Atlas Copco CB, Smart Energy Solutions, Cummins, Inc, Aggreko PLC, Diamond Environmental Services, LLC, and Kohler Co., Inc among others.

Temporary power systems are installed in order to prevent loss that might happen from the sudden loss of conventional power supply. Temporary power systems are used in places like ships, submarines, telecommunication equipment, laboratories, and hospitals. Temporary power supply comes in handy at times when main power is lost due to grid failure, blackout, weather conditions. In places like ships and airplanes temporary power system work as the main source of power which is replaced or charged time to time.

The increasing demand for power coupled with growing instances of blackouts and power outages has boosted the adoption of temporary power solutions. The growth in construction activities and infrastructure development, and lack of power infrastructure in developing countries further supports the growth of the temporary power market. Additionally, increasing number of sports and corporate events, along with rising demand from hospitals, mining, and construction sites would boost the market growth during the forecast period. Other factors supporting market growth include increasing demand from developing economies, reducing cost of power generation, and technological advancements. Increasing adoption of data centers, growth in construction activities, and rapid urbanization further boost the market growth.

Regional Analysis: 
North America generated the highest revenue in the global temporary power industry in 2018 owing to increasing power demand from healthcare, utilities, and industrial sectors in the region. U.S. accounted for the highest share in the U.S. temporary power market owing to growth in construction and infrastructure development. Asia-Pacific region is expected to grow at the highest rate during the forecast period. The increasing demand for power supply from manufacturing sectors, and low rate of electrification have increased the demand for temporary power solutions in the region. Poor grid infrastructure, and increase in number of planned events further supports the temporary power market growth in Asia-Pacific

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Polaris Market Research has segmented the temporary power market on the basis of product fuel type, power rating, end user and region:

Temporary Power Fuel Type Outlook (Revenue, USD Billion, 2015 – 2026)

• Gas
• Diesel
• Others

Temporary Power Rating Outlook (Revenue, USD Billion, 2015 – 2026)

• Less than 80 kW
• 81 to 280 kW
• More than 280 kW

Temporary Power End User Outlook (Revenue, USD Billion, 2015 – 2026)

• Retail
• Healthcare
• Manufacturing
• Utilities
• Oil and Gas
• Mining
• Others

Temporary Power Regional Outlook (Revenue, USD Billion, 2015 – 2026)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa

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Caprolactam Market Challenges and Trends, Competitive analysis by Top Key Players

The global caprolactam market size is anticipated to reach USD 28.2 billion by 2026 according to a new research published by Polaris Market Research. The report “Caprolactam Market Share, Size, Trends, Industry Analysis Report, By End-Product (Nylon 6 Resins, Nylon 6 Fibers, and Others); By Application (Industrial Yarns, Engineering Resins & Films, Textiles & Carpets, and Others); By End-Use (Textile, Carpet, Automotive, and Others), By Regions, Segments & Forecast, 2019–2026” provides detailed insight on current market growth indices and future market trends.

Caprolactam is a major raw material for the production of nylon 6 engineering resins and nylon 6 fibers. This market is primarily driven by end- use industries such as automobiles, textiles, electrical and electronics, engineering plastics, specialty film packaging, wire and cabling and others. A rising demand for plastics in the construction, automotive and electrical and electronics sectors is expected to be key enabler to growth over forecast period.

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Key properties including high strength, elasticity, abrasion resistance and low moisture retaining capacity is expected to boost demand. The soaring textile industry, particularly in Asia Pacific in line with growing automobile sector is expected to project demand over the forecast period.

Automobile industry is the industry of choice in demand for Caprolactam. Automobile industry makes use of Caprolactam in engine covers, tire cord manufacture, and gears and bearings due to their attractive properties.

The growth in Caprolactam has made an impact due to rapidly growing sportswear, fashion clothing, protective clothing and others. Nylon 6 fibers are used in manufacturing textile products and industrial yarn. Nylon 6 fibers are derived from Caprolactam.

The global Caprolactam market comprises major international and domestic market players. Some of the key companies include BASF SE, China National Petrochemical Corp., DOMO Caproleuna GmbH, Honeywell Chemical Industries, China Petroleum and Chemical Corp, Royal DSM NV and IRPC Public Company Ltd.

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An expanding populace coupled with growing personal incomes of consumers has seen textile and automobile industry witness extraordinary growth. Electric vehicles having entered the market has soared consumer expectations. The strong economic indices of many middle-income countries in the world have rapidly driven demand for high product among consumers. The product is made from ammonia, cyclohexane and phenol. As these materials are petro chemically derived, the product might be subject to price volatility. The raw materials are mainly located in China and the U.S. The countries drive growth in Caprolactam market because of increasing presence of oil refineries in the countries. The year 2016 saw major price fluctuations due to pricing of raw material benzene and derivatives and restricted supply.

Caprolactam includes two major end-use products, nylon 6 fibers and nylon 6 resins. Nylon 6 fiber is used preferentially in carpets, industrial yarns and textile industries and Nylon 6 resins finds its way in specialty films packaging, engineering plastics, wires and cables and automotive industries.

China is the major consumer of Caprolactam globally amidst Asia Pacific region that has grown to be the fast-regional player. This happens due to excess capacity derived in China and immediate developments in automobile, textile and plastic industries. Substantial product is discovered in Asia pacific region such as Taiwan, South Korea, Japan, India and SE Asia. Caprolactam finds application in various end-use industries including textile yarn, industrial yarn, engineering plastics, carpet fibers and staple fibers.

The location of manufacturers across the value chain is justified with product demand coming from presence of Nylon 6 fibers and resins in various end-use applications. A dominant share of Caprolactam manufactured is used in manufacture of nylon 6. Technical innovations improve the market by reducing presence of ammonium sulphate which is an environment hazard. This results in positive demand for the product.

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Automotive Collision Repair Market Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment 2026

New York City NY, 16 Sep 2019 : The global automotive collision repair market size is anticipated to reach USD 219.62 billion by 2026 according to a new report published by Polaris Market Research. The report “Automotive Collision Repair Market Size, Share & Trends Analysis Report By Product (Paints and Coatings, Consumables, Spare Parts); By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheeler); By End-Use; By Region, Segments & Forecast, 2019 – 2026” provides current market insights and future market trends.

In 2018, spare parts segment dominated the global market, in terms of revenue. In 2018, Europe accounted for majority share in global market. The market requires advanced protective materials which also meets the stylized highlights of the automobile. The quickly propelling paints and coatings innovation supports the market development. The organizations are under critical pressure to stiffen safety standards and guidelines and damages to vehicles which further aid market growth. The copious growth of hybrid and electric vehicles will offer market opportunities to growth during forecast period. Digitalization of automotive repair and collision services also supports market growth.

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In 2018, Europe accounted for highest share of market revenue in global automotive collision repair market. The prime factors driving growth in the region include an established automotive industry, technological finesses and copious investments in R&D. Strict regulations responsible for vehicular safety and emissions accelerate growth in market. The rising safety concerns, unending list of accidents, introduction of driverless cars and car beautifications and ramp-up further increases the market growth in the region. The rise in driverless cars and a spurt in demand for electric vehicles increase the demand for market. With increasing sales and aging of vehicles globally, market is set to grow.

The global automotive collision repair market is segmented on the basis of product, vehicle type, end-use and geography. Based on product, the market is segmented into paints and coatings, consumables and spare parts. Spare parts accounted for highest share in market in 2017 owing to spate of road accidents on the road. The quickly propelling paints and coatings innovation which bend over to the desires for most recent defensive car material and done-up requests is the key explanation behind paints and coatings section development. Paints and Coatings are required to achieve expanded selection in high volume displays over the estimation time frame owing to overwhelming environment concerns relating to use of harmful synthetic coatings and refinishing materials.   

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The vendors are introducing new products to meet rising customer desires. In addition, the leaders are acquiring and collaborating with top companies in the market to enhance their offerings and expand customer base. The leading players in the market include Denso Corporation, Continental AG, 3M, Honeywell International, Inc., DuPont, BASF, Johnson Controls, Inc., ZF Friedrichshafen, Robert Bosch GmbH, Federal-Mogul LLC, Automotive Technology Products LLC, Caliber Collision and Henkel AG&Co., KGaA.

About Polaris Market Research

​Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world.

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Lightweight Materials Market Worth $237.1 Billion by 2026

The global lightweight materials market size is anticipated to reach USD 237.1 billion by 2026, according to a new research published by Polaris Market Research. The report “Lightweight Materials Market Size, Share & Trends Analysis Report by Product (Metal Alloys, Composites, Polymers); By Application (Aerospace, Automotive, Construction, Energy, Aviation); By Region: Market Size and Segment Forecast, 2019 – 2026” provides contemporary market insights and taps future growth trends.

In 2018, the automotive segment dominated the global lightweight materials industry in terms of revenue. In 2018, Asia-Pacific accounted for the majority share in the global Lightweight Materials market. The expanding global automotive industry, along with increasing modernization of vehicles majorly drives the market growth. Increasing use in windmills owing to their improved performance, increased reliability, and higher durability boosts the demand for lightweight materials.

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The adoption of lightweight materials has increased significantly owing to increasing demand from aviation industry, and greater use of lightweight materials in manufacturing of aircraft modules. Other factors driving the growth of this market include growing penetration of electric vehicles, technological advancements, and significant investments in R&D. New emerging markets, and stringent government regulations regarding vehicle efficiency and safety would provide growth opportunities for the market in the coming years.

Magnesium is a major lightweight material used in this market. Magnesium offers the lowest density of all structural metals with the ability to reduce component weight up to 70 percent. Magnesium is used as castings for powertrains or sub-assembly closures. Carbon fiber composites have the potential to reduce vehicle weight by up to 70 percent. They offer high stiffness, strength, and weight savings.

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In 2018, Asia-Pacific accounted for the highest share in the global market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of lightweight materials in the region. The economic growth in countries such as China and India, lead to rising living standards and increasing disposable income, supporting the growth of the automotive industry. The increasing demand from construction and aerospace sectors further accelerate the growth of the lightweight materials industry. Expansion of global players into these countries to tap market potential boosts the market growth.

The well-known companies profiled in the l report include Evonik Industries, Toray Industries Inc., Aleris International, PPG Industries, Inc., Thyssenkrupp AG, ArcelorMittal SA, Hexcel Corporation, Titanium Metals Corporation, Formosa Plastics Group, and Bayer AG among others. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products in the lightweight materials industry to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

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​

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world.

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High-end Lighting Market Trends, Analysis, Segmentation, Forecast to 2026

The global high-end lighting market size is expected to reach USD 25.3 billion by 2026 according to a new study by Polaris Market Research. The report “High-end Lighting Market Share, Size, Trends, Industry Analysis Report By Light Source (HID, LED, Fluorescent Lights), Application Type (Wired, Wireless); End-user (Industrial, Commercial, Residential and Others); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Lighting market has witnessed a huge transformation in the past few years due to the introduction of LED lights. The high-end lighting market is sure on transition state from traditional lighting technologies. However, the global events have given clear contours to the advancements in lighting industry, causing a shift in some of the parameters in the past few years. Introduction of stringent regulations pertaining to usage of energy saving lights has led to augment in usage of energy efficient lights such as LED as well.  

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 The inclination towards smart homes that are connected has led to massive transition in the demand for high-end lighting in the past few years. The introduction of standardized deviation color matching systems (SDCM) is also one of the major factors driving growth of high-end lighting market. Technological advancements in the lighting market coupled with introduction of green lighting systems has also fueled the growth in demand for these high end lighting, thereby driving the growth of the market. Major players in this market can focus on cross industry expansion, thus bring in new opportunities in terms of revenue.

Wireless high-end lighting technology are anticipated to enjoy a very bright future. The high-end lighting market is dominated by wired systems, however, a shift to wireless systems is expected in the near future. However, the latter is not expected to replace wired technologies in near time. Augment in interest for minimalist designs for homes has led to installations for wireless high end lightings. New technologies have also led to better connectivity with other devices in homes, and commercial setups. Growth in commercial sector in developing countries has also led to increase in demand for high-end lights, thus driving the growth of this market.

 Regional Analysis:

 Asia Pacific is expected to witness exponential growth in demand for high-end lightings over the forecast period. Ban on usage of HID and incandescent lightbulbs as a part of energy conservation law in China, has also driven the adoption of LEDs in this country. This in turn, has led to augment in demand for high-end lightings in the recent years, thus fueling the growth of the market. In addition to this, Europe has accelerated the switchover to ecological lighting systems by extending regulation to ban usage of low-voltage halogen lamps. Japan is also expected to witness increase in installations of high-end lighting at the 2020 Tokyo Olympics. Hence, the market size for high end lightings is anticipated to witness significant growth in this country.

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 Competitive Landscape:

 The key players in this market include. These key market players are continuously focusing on R OSRAM Licht AG, Philips Lighting Holding B.V., CREE Inc., General Electric Company, Toshiba Co., Digital Lumens, Inc., Holtkoetter, CMD Ltd., Helestra Leuchten GmbH, and less’n’more gmbh among others &D activities in order to gain major market share. In addition to this, the key market players in high end lighting have adopted the strategy of signing agreements with other small players so as to geographically increase the visibility of their products.

 Segment Analysis:

 Polaris Market research has segmented the high-end lighting market report on the basis of light source, application type, end-user and region

• High-end Lighting Source Type Outlook
• HID
• LED
• Fluorescent lights
• High-end Lighting Application Type Outlook
• Wired
• Wireless
• High-end Lighting End-User Outlook
• Commercial
• Industrial
• Residential
• Others
• High-end Lighting Regional Outlook
• North America (U.S., Canada)
• Europe (United Kingdom, Germany, France)
• Asia Pacific (India, Japan, China)
• Rest of the World (Latin America, MEA)

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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world.

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Latest Research Report to uncover key Factors of Automotive Powertrain System Market

The global Automotive Powertrain System Market is anticipated to reach around USD 892 billion by 2026 according to a new research published by Polaris Market Research. The passenger vehicle segment dominated the global automotive powertrain system market in 2017. In 2017, Asia-Pacific accounted for the majority share in the global Automotive Powertrain System market.

The significant increase in demand for passenger and commercial vehicles, and growth in global automotive industry boosts the demand for automotive powertrain system. The demand for automatic transmission has increased significantly, thereby supporting market growth

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The growing trend of downsized engines further boosts the adoption. The introduction of stringent government regulations regarding carbon emissions has encouraged market players to launch efficient and eco-friendly automotive powertrain system. New emerging markets, emerging consumer demographics, and technological advancements would provide growth opportunities for Automotive Powertrain system market in the coming years.

  

In 2017, Asia-Pacific accounted for the highest share in the global Automotive Powertrain System market. The governments in the region have introduced stringent regulations regarding vehicular emissions owing to environmental concerns. The growing demand for automobiles in the region, and technological advancements would accelerate the demand for automotive powertrain system systems during the forecast period. The increasing economic growth, and increasing demand from countries such as China and India further increases the adoption of automotive powertrain systems in the region. The high penetration of electric vehicles in the region further promotes the adoption of automotive powertrain systems.

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The well-known companies profiled in the Automotive Powertrain Systems market report include Ford Motor Company, Hyundai Motor Company, Volkswagen AG, ZF Friedrichshafen AG, Toyota Motor Corporation, General Motors Company, Aisin SeikiCo., Ltd, Delphi Automobile, Denso Corporation, and GKN PLC. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Automotive Battery Thermal Management System Market Worth $5.4 Billion By 2026

The worldwide Automotive Battery Thermal Management System Market is anticipated to reach around USD 5.4 billion by 2026, according to a new research published by Polaris Market Research. The passenger car dominated the global Automotive Battery Thermal Management System market in 2017. In 2017, Asia-Pacific accounted for the majority share in the global automotive battery thermal management system market.

The significant increase in demand for electric vehicles, and rising need to improve battery performance and efficiency of electric vehicles boosts the demand for automotive battery thermal management system. The awareness regarding use of electric vehicles has increased significantly, especially in the Asia-Pacific region. The increasing awareness among consumers regarding use of eco-friendly vehicles coupled with rising adoption of advanced Lithium-Ion batteries fuels the growth of the automotive battery thermal management system market. New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for automotive battery thermal management system market in the coming years.

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In 2017, Asia-Pacific accounted for the highest share in the global automotive battery thermal management system market. The growing demand for electric vehicles in the region, established automotive industry, and technological advancements would accelerate the demand for automotive battery thermal management system systems during the forecast period. The governments in the region have introduced stringent regulations regarding vehicular emissions, and are offering subsidies and tax exemptions on purchase of electric vehicles, thereby fueling the growth of the market. The increasing economic growth, and increasing demand from countries such as China and India further increase the adoption of automotive battery thermal management systems in the region.

The companies operating in the automotive battery thermal management systems include Robert Bosch GmbH, Dana Incorporated, LG Chem., Calsonic Kansei Corporation, Continental AG, Gentherm Incorporated, VOSS Automotive, CapTherm Systems, Hanon Systems, and Mahle Behr GmbH. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Active Electronic Components Market Research Report, Analysis, Supplier, Key Players and Forecast until 2026

The global Active Electronic Components Market is anticipated to reach around USD 519 billion by 2026 According to a new research published by Polaris Market Research. In 2017, the consumer electronics segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Active Electronic Components market.

The increasing demand for active electronic components from consumer electronics and wearables, and rising penetration of smart devices drives the growth of the market. The expanding global automotive industry, along with increasing demand from the healthcare sector increases the demand for active electronic components. The rising adoption of MEMS and NEMS technologies, and IoT further boosts the demand of active electronic components.  Other factors driving the market growth include growing modernization of automobiles, technological advancements, and adoption of smart technologies. New emerging markets, emerging consumer demographics, and increasing demand from diversified industries would provide growth opportunities for Active Electronic Components market during the forecast period.

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In 2017, North America accounted for the highest share in the Active Electronic Components market. The primary factors driving the Active Electronic Components market growth in the region include rising demand for security systems and business intelligence, increasing demand for consumer electronics, technological advancements, and high investment in R&D. The rising sale of luxury and modernized vehicles, increasing development of smart cities, and growing adoption of connected devices and IoT further increases the demand of active electronic components in the region.  

 The leading companies profiled in the Active Electronic Components Market report include Infineon Technologies AG, NXP Semiconductors N.V., Toshiba Corporation, Analog Devices, Inc., Texas Instruments, Inc., Hitachi AIC Inc., Panasonic Corporation, Diotec Semiconductor AG, Renesas Electronics Corporation, and Fairchild Semiconductor International, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Latest Research Report to uncover key Factors of 3D Machine Vision Market

The worldwide 3D machine vision market is anticipated to reach USD 4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the hardware sector dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global 3D machine vision market revenue during the forecast period.

Growing need for automation and increasing need to offer high quality products in the market fuels the growth of the 3D machine vision market. Use of 3D machine vision increases productivity, and efficiency, while saving time and costs. The increasing demand from industries including automotive, healthcare, defense, aerospace, and food and beverage is expected to provide growth opportunities in the coming years. Emerging and untapped markets of developing economies, and rising demand for customized and application specific 3D machine vision solutions further provide growth opportunities to key players in the 3D machine vision market. Increasing investments, technological advancements, and growing research and development further boosts the growth of the market.

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Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the 3D machine vision market throughout the forecast period. Rapid industrialization and increasing automation in the region drives the market growth. Introduction of new advanced technologies and increasing applications in automotive, aerospace, electronics and healthcare sectors is expected to support market growth. Growing demand from automotive and manufacturing industries for high quality products further augments the market growth.

The major players in the 3D machine vision market include ISRA Vision AG, Cognex Corporation, MVTec Software GmbH, Basler AG, Tordivel AS, Sick AG, Stemmer Imaging, National Instruments Corporation, Keyence Corporation, and Microscan Systems, Inc. among others among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Circuit Breaker & Fuses Market Size, Growth, Analysis, Opportunities and Forecast To 2026

The Global Circuit Breaker & Fuses Market is anticipated to reach USD 19.41 billion by 2026 according to a new study published by Polaris Market Research. Various initiatives to renovate existing power grid and installation of new smart and green substations is driving the circuit breaker and fuses market in near future. In addition, technological advancement will also encourage sales volume of circuit breakers in different applications, such factors have highly propelled circuit breaker & fuses market worldwide. However, Stringent government regulations and intense competition from local players are some of the factors that could affect the growth of the market.

With the growing number of smart cities around the globe, the need for new and intelligent infrastructure to meet the advanced requirements of residents and businesses is also increasing. An effective way to support these city goals is by using technology which supports power conservation, and optimize and control key systems and infrastructure.

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The growing number of smart cities and green constructions is influencing the circuit breaker and fuses market congruently. Apart from this, market is projected to witness a high growth on the account of increasing substantially big residential and construction activities, and up-gradation of electrical power distribution infrastructure in commercial and industrial sector. It is expected that by 2050, more than two-third of world population will be living in cities and these cities will be fully electrified. This increase in power transmission will boost the market, which is primary choice for power transmission and distribution among various end-user.

Currently, APAC region dominates the global circuit breaker & fuses market attributed due to the aggressive renewal activity of age-old electrical infrastructure is going on in different developing countries with the increasing demand of power. Circuit breaker & fuses providers in the region, and robust technical adoption base. However, with global power demand and spending both is increasing significantly over last few years, the trend is more specific in developing region especially in countries of APAC and MEA. 

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Major companies profiled in the Breaker & Fuses Market report include ABB Ltd., Eaton Corporation, Alstom SA, Schneider Electric, General Electric, Mitsubishi Electric, Siemens AG, Eaton Corporation Plc, Toshiba Corporation and Maxwell Technologies, among others.

Key findings from the study suggest the APAC Breaker & Fuses Market is expected to dominate over the forecast years and is presumed to be the fastest growing market. Some of the key factors influencing this growth are increasing per capita income and government initiations with respect to rising urbanization and industrialization. In past few years, APAC has become an industrial hub and is still in its growing phase. Rising power demand in Asia Pacific and Middle East has not only led to higher power production but also changes in consumption patterns.

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Mr. Likhil

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

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Web: www.polarismarketresearch.com

Body Armor Market Size, Share, Scope, Growth Opportunities Analysis and Forecast

The global body armor market size is expected to reach USD 2,510.2 million by 2026 according to a new study by Polaris Market Research. The report “Body Armor Market Share, Size, Trends, Industry Analysis Report By Level, By Material (Metals & Alloys, Composite, Fibers, Fiberglass and Others); By Application (Defense & Security Personnel, Law Enforcement Officers, Civilians); By Product, By Style; By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The moving concern displayed by defense and security industry towards safety and security of military personnel is propelling the need for body armor. Several developed and developing nations are conducting modernization program in the best interests of security and military personnel. This is to offer best protection products. Developed nations such as U.S., UK, Russia and France are taking rapid strides to replace their traditional armor system with new advanced body armor. A recent move towards lightweight and flexible armor with nanotechnology materials and fibers in use has been initiated and will positively favor market in near future. Lately, precision technologies such as liquid body armor and dragon skin are contributing value to the market.

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However cross-border tensions, global anarchy, regional warfare and a stimulus package by way of government thought for safety of armed forces personnel drives growth for body armor market. The body armors are devised in a manner that shunts piercing attacks and are categorized on their ability to deflect bullets. Earlier body armors were only licensed to soldiers but now due to escalating war-like tensions in the border areas, it is used by security guards, police and individuals to feel safe.

  

Rising incidents of clashes and frictions observed in Asia, Middle East, Sub Saharan region, Russia and other nations related to terrorism, piracy, arms smuggling, drugs and exploitation are taking a toll on human lives. Security and defense personnel are targeted and hence safety measures are deployed to prevent such crimes. These trends are anticipated to bolster market growth during forecast period.

North America and Europe seize more than half of overall body armor market. This is due to the continuing solder modernization programs conducted across these regions. Safety of soldiers is high on the agenda for the country’s defense agency without cutting any corners in the program execution. Law enforcement officials have to constantly upgrade themselves due to rising instances of arson and riots across several countries. The threat of terrorism has led to the increased implementation of body armors. The region is expected to continue its dominance over the forecast period. The markets in Asia Pacific, MEA and South American region are expected to observe high growth during coming years. The increasing growth in Asia Pacific is attributed to the increased Government expenditure in new-age technology adoption in defense. Thus, the region is expected to do highly with excellent CAGR during forecast period.

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The key players in the market include BAE Systems, Inc., Honeywell International, Inc., U.S. Armor Corporation, DuPont Deenside LTD., Blank Enterprises, Inc., Sarkar Defense Solutions, MKU Pvt. Ltd., Safariland LLC, Uvex Group, Avon Protections Systems, Inc. Aegis Engineering Ltd., AR500 Armor, Ballistic Body Armour (Pty) Ltd, Craig International Ballistics Pty Ltd., Hellweg International, Kejo Limited Company, Pacific Safety Products and Ceredyne (3M) among others.

Polaris Market research has segmented the body armor market report on the basis of level, application, material type, product type, product style and region

Body Armor Level Type Outlook (Revenue, USD Million, 2015 – 2026)

• Level I
• Level IIA
• Level IIIA
• Level III
• Level IV

Body Armor Application Outlook (Revenue, USD Million, 2015 – 2026)

• Defense & Security Personnel
• Law Enforcement Officers
• Civilians

Body Armor Material Type Outlook (Revenue, USD Million, 2015 – 2026)

• Steel
• UHMWPE (Ultra-high-molecular-weight polyethylene)
• Aramid
• Composite Ceramic
• Others

Body Armor Product Type Outlook (Revenue, USD Million, 2015 – 2026)

• Soft Armor
• Hard Armor
• Accessories

Body Armor Product Style Outlook (Revenue, USD Million, 2015 – 2026)

• Covert
• Overt

Body Armor Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America
  • S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Russia
• Asia Pacific
  • India
  • Japan
  • China
  • Korea
• Latin America
  • Mexico
  • Brazil
  • Colombia
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Israel
  • UAE

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Mr. Likhil

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

Email: sales@polarismarketresearch.com

Web: www.polarismarketresearch.com