Wednesday, 10 June 2020

Agrochemicals Market by Type, Application, Market Size, End-User and Region Forecast 2026

According to a new study Published Report The global agrochemicals market size was valued at USD 233.71 billion in 2018 is expected to reach USD 300.16 billion by 2026, growing at a CAGR of 3.1% during the forecast period, by Polaris Market Research
The report “Agrochemicals Market Size, Share, Trends & Industry Analysis Report  [By Product (Fertilizers, Crop Protection Chemicals, Plant Growth Regulators); By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables); By Region]: Market size & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.


Agrochemicals are used in the agricultural farm for protecting crops and related applications. There exists a surplus demand for agricultural products. They protect crops from pest attacks and helps prevent farmers from running an insurmountable loss. The modes of agrochemicals which are pesticides, insecticides and fertilizers are heavily used in this context. Growing demand for pesticides and consumption of agrochemicals in liquid form are leading factors to growth of market.   
        
The consumer tastes are transient and preference for different types of food has led to increased food consumption and crop cultivation. This trend is all about different strata inhabited by economic, social, environmental and technological factors. An increase in disposable incomes, lasting urbanization specifically amongst middle income families and rapid globalization has spurred the increasing consumption of agricultural products and agrochemicals.

Government policy supporting copious production of agricultural products has been pushing industry growth resolutely. Developing countries are observant to higher output in agrochemical industry where government has strongly favored the industry. India has been benefitted by the policy supports to keep pace with markets as world’s most competitive agricultural produce nation. The supportive policies include National mission on food processing, development of seeds backed by 100% FDI under automatic route and promotional rationalization of tariffs. These policy aids have added impetus to growth.

The fertilizer segment is anticipated to display higher growth during forecast period. An increasing demand for a richer yield in a decreasing cultivable land, higher crop production and a keenness to keep fertility of soil intact drives growth.

  
The life style change that has changed distinct eating habits has seen strong growth in boosting demand for fertilizers and pesticides. Fertilizers and pesticides are agricultural components that derive a better crop yield, soil fertility and improved production cycles. Hence agricultural growth and agrochemical growth go hand in hand and robust growth is predicted for both.

China and India are strong exporters of agrochemicals to Latin America and other regions which are keen factors for growth in China and India agrochemicals market.

Technological Advancements have significantly impacted the industry growth. Advances in the pesticide formations have come off the shelves fast because of eco-friendly pest management practices that are the result of technical and material developments. A strict regulatory framework cuts down growth for all agrochemicals that are not environment friendly and may cause environment degradation.

Asia Pacific is the most thriving market for agricultural industry and agrochemicals as the region contains two of the most populous countries, China and India. Consumer spending is naturally quite high here. North America and Europe also drive growth during forecast period. The United States, Germany, France, China, India and Japan are among the most outstanding countries for agrochemicals market.

The global agrochemicals market is very competitive and consists of several integrated major players from raw material to distribution stages in the broad value chain.The total cultivable land has been downsizing and total crop area in 2010 which was 1.8 billion hectare has reduced to 1.3 billion hectare in 2017.

The global agrochemicals market is highly fragmented with key industrial players holding on to no less than single digit market shares. It is surmised that key players collectively hold between 15%-20% market share.


Acquisition’s and key collaborations are strategies that push market closer to sustainable high growth. For instance, Bayer AG completed the buy-out of U.S. based biological crop protection and chemical product manufacturing company Monsanto. The key industrial players include BASF, Bayer Crop Science, Dow Agrosciences, LIC, Agrium, Syngenta AG and Monsanto Company.

According to Polaris Market research, the overall agrochemicals market is segmented by products, applications and regions:

  • Agrochemicals Product Outlook (Revenue USD Millions 2015-2026)
    • Pesticides
      1. Organophosphates
      2. Bio-Pesticides
      3. Others
    • Fertilizers
      1. Nitrogenous
      2. Phosphatic
      3. Others
    • Agrochemicals Application Outlook (Revenue USD Millions 2015-2026)
      • Crop-Based
      • Non-Crop Based
    • Agrochemicals Regional Outlook (Revenue USD Millions 2015-2026)
      • North America
        1. U.S.
        2. Canada
      • Europe
        1. UK
        2. France
        3. Germany
      • Asia Pacific
        1. India
        2. China
        3. Japan
      • Latin America
        1. Mexico
        2. Brazil
      • MEA
For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.polarismarketresearch.com/industry-analysis/agrochemicals-market/speak-to-analyst
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
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
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Agrochemicals Market Report is best solution to Growing Economical Trend by 2020-2026

According to a new study Published Report The global agrochemicals market size was valued at USD 233.71 billion in 2018 is expected to reach USD 300.16 billion by 2026, growing at a CAGR of 3.1% during the forecast period, by Polaris Market Research

The report “Agrochemicals Market Size, Share, Trends & Industry Analysis Report  [By Product (Fertilizers, Crop Protection Chemicals, Plant Growth Regulators); By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables); By Region]: Market size & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.


Agrochemicals are used in the agricultural farm for protecting crops and related applications. There exists a surplus demand for agricultural products. They protect crops from pest attacks and helps prevent farmers from running an insurmountable loss. The modes of agrochemicals which are pesticides, insecticides and fertilizers are heavily used in this context. Growing demand for pesticides and consumption of agrochemicals in liquid form are leading factors to growth of market.   
        
The consumer tastes are transient and preference for different types of food has led to increased food consumption and crop cultivation. This trend is all about different strata inhabited by economic, social, environmental and technological factors. An increase in disposable incomes, lasting urbanization specifically amongst middle income families and rapid globalization has spurred the increasing consumption of agricultural products and agrochemicals.

Government policy supporting copious production of agricultural products has been pushing industry growth resolutely. Developing countries are observant to higher output in agrochemical industry where government has strongly favored the industry. India has been benefitted by the policy supports to keep pace with markets as world’s most competitive agricultural produce nation. The supportive policies include National mission on food processing, development of seeds backed by 100% FDI under automatic route and promotional rationalization of tariffs. These policy aids have added impetus to growth.

The fertilizer segment is anticipated to display higher growth during forecast period. An increasing demand for a richer yield in a decreasing cultivable land, higher crop production and a keenness to keep fertility of soil intact drives growth.

  
The life style change that has changed distinct eating habits has seen strong growth in boosting demand for fertilizers and pesticides. Fertilizers and pesticides are agricultural components that derive a better crop yield, soil fertility and improved production cycles. Hence agricultural growth and agrochemical growth go hand in hand and robust growth is predicted for both.

China and India are strong exporters of agrochemicals to Latin America and other regions which are keen factors for growth in China and India agrochemicals market.

Technological Advancements have significantly impacted the industry growth. Advances in the pesticide formations have come off the shelves fast because of eco-friendly pest management practices that are the result of technical and material developments. A strict regulatory framework cuts down growth for all agrochemicals that are not environment friendly and may cause environment degradation.

Asia Pacific is the most thriving market for agricultural industry and agrochemicals as the region contains two of the most populous countries, China and India. Consumer spending is naturally quite high here. North America and Europe also drive growth during forecast period. The United States, Germany, France, China, India and Japan are among the most outstanding countries for agrochemicals market.

The global agrochemicals market is very competitive and consists of several integrated major players from raw material to distribution stages in the broad value chain.The total cultivable land has been downsizing and total crop area in 2010 which was 1.8 billion hectare has reduced to 1.3 billion hectare in 2017.

The global agrochemicals market is highly fragmented with key industrial players holding on to no less than single digit market shares. It is surmised that key players collectively hold between 15%-20% market share.


Acquisition’s and key collaborations are strategies that push market closer to sustainable high growth. For instance, Bayer AG completed the buy-out of U.S. based biological crop protection and chemical product manufacturing company Monsanto. The key industrial players include BASF, Bayer Crop Science, Dow Agrosciences, LIC, Agrium, Syngenta AG and Monsanto Company.

According to Polaris Market research, the overall agrochemicals market is segmented by products, applications and regions:

  • Agrochemicals Product Outlook (Revenue USD Millions 2015-2026)
    • Pesticides
      1. Organophosphates
      2. Bio-Pesticides
      3. Others
    • Fertilizers
      1. Nitrogenous
      2. Phosphatic
      3. Others
    • Agrochemicals Application Outlook (Revenue USD Millions 2015-2026)
      • Crop-Based
      • Non-Crop Based
    • Agrochemicals Regional Outlook (Revenue USD Millions 2015-2026)
      • North America
        1. U.S.
        2. Canada
      • Europe
        1. UK
        2. France
        3. Germany
      • Asia Pacific
        1. India
        2. China
        3. Japan
      • Latin America
        1. Mexico
        2. Brazil
      • MEA
For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.polarismarketresearch.com/industry-analysis/agrochemicals-market/speak-to-analyst
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
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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Solution Styrene Butadiene Rubber (S-SBR) Market 2020 Analysis, Opportunities, Business Outlook And Forecast To 2026

The global Styrene Butadiene Rubber (SBR) market is anticipated to reach USD 14.74 billion by 2026 According to a new study published by Polaris Market Research.

Styrene Butadiene Rubber (SBR) is a synthetic rubber produced by the co-polymerization of butadiene and styrene. Global Styrene Butadiene Rubber (SBR) market demand is largely driven by the manufacturing of tire and related products. Automotive industry is the largest application segment for this synthetic rubber. Rapid growth in the manufacturing of crossover utility vehicles (CUV), SUVs, and battery electric vehicles (BEVs) have led to higher consumption of SBR in the manufacturing sector.

Many other applications have also driven the demand for SBR substantially. Footwear, consumer products, industrial hoses, conveyor belts, automotive applications excluding tires, and extruded rubber goods are other applications that consume synthetic butadiene rubber for the end-product manufacturing.

  
Growing global population coupled with the increase in disposable incomes of consumers has led to growth of many end-use industries that have high consumption of SBR. Strong economic performance, consumer preference for modern & sustainable products such as electric vehicles, falling value of old diesel cars, and steady growth of many middle-income countries across the world are some of the vital growth forces for the end-use rubber industries.

SBR is of two types, emulsion SBR (ESBR) and Solution SBR (SSBR). Though ESBR accounted for the largest market share, but SSBR has witnessed momentum in the recent past. This is on account of the rising demand for low rolling-resistance tires to decrease carbon dioxide emissions and reduce fuel consumption. Moreover, SSBR has efficiently adapted to the growing stringent specifications of the high-performance tires.

The most significant growth regions with large consumption of SBR include Northeast Asia, mainly Taiwan and Indian subcontinent. The largest capacity additions in the period of 2012-17 were witnessed in Southeast Asia (Singapore and Thailand), South Korea, China, and Central Europe. Though China witnessed decline in the Styrene Butadiene Rubber (SBR) growth in past five years, but continues to be the largest consumer.


ESBR witnessed decline in most of the Styrene Butadiene Rubber (SBR) markets, including the United States, South Korea, Western Europe, Central Europe, and Japan, losing the market to SSBR. The global consumption of SSBR has witnessed a substantial increase in the past five years with faster capacity additions globally. The mature markets such as Japan, Canada, and Europe are anticipated to witness limited growth rate.

The global styrene butadiene rubber (SBR) market comprises of large number of market players. Some of the key SBR players include Sinopec, LANXESS, China National Petroleum Corporation (CNPC), Kumho Petrochemical, Sibur, JSR Corporation, Trinseo, Eastman Chemical Corporation, Asahi Kasei Chemical Corporation, and Ashland Inc.

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Tuesday, 9 June 2020

Food Service Equipment Market 2020 Regional Analysis, Applications, & Manufacturers and Forecasts

The Global Food Service Equipment Market is anticipated to reach USD 62 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the cooking and food & beverage preparation equipment segments 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.

The significant increase in food establishments, and the growing hospitality industry are the major factors driving the growth of the Food Service Equipment market. The changing lifestyles and increasing disposable incomes are leading to higher instances of dining at restaurants and living at hotels and resorts. The growing demand for affordable and energy efficient equipment supports the growth of the market.


Hotels and restaurants are increasingly adopting technologically advanced food service equipment for performing kitchen activities efficiently and offering enhanced services to consumers. Restaurant businesses prefer compact and space efficient equipment, which encourages market players to launch new products in the global market. Increasing spending on the hospitality sector, and tourism activities encourage restaurant owners to improve their infrastructure and offer enhanced services. Moreover, the Food Service Equipment market is also driven by increasing need to use food service equipment that consume less energy and provide faster kitchen services. Growing concerns regarding environment and increasing adoption of energy efficient food service equipment are expected to offer numerous growth opportunities in the future. However, high costs associated with food service equipment, and high installation prices restrict the growth of the Food Service Equipment market.

The North America Food Service Equipment market generated the highest revenue in the market in 2017, and is expected to lead the global market during the forecast period. The high living standards along with high disposable income in the region drive the market growth. Other factors supporting market growth in North America include growth in tourism industry, increasing awareness regarding energy efficient equipment, and growing adoption of smart technologies. The Asia-Pacific Food Service Equipment market is expected to grow at a significant rate during the forecast period owing to the increasing population and improving living standards.


The different end-users of food service equipment include hotels and clubs, full service restaurants, quick service restaurants, and others. In 2017, hotels and clubs accounted for the highest market share owing to increasing need to offer enhanced services to consumers. Hotels and clubs are increasingly adopting technologically advanced food service equipment to meet high storage demands and to offer fresh & high quality food. Food establishments are also inclined towards using energy efficient service equipment owing to growing environmental concerns.

The leading companies profiled in the Food Service Equipment market report include Dover Corporation, Haier Electronics Group Co., Ltd., Duke Manufacturing Co. Inc., Illinois Tool Works (ITW) Inc., Fujimak Corporation, Duke Manufacturing Co. Inc., Ali Group, Hoshizaki Corporation, Middleby Corporation, Manitowoc Company Inc, and AB Electrolux 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.

About Polaris Market Research
We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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Mountain Bike Market Size, Segments, Regional Outlook, Development Status, Key Players and Forecast to 2026

The global Mountain Bike Market is estimated to reach $3,585 Million By 2026 and is projected to grow at a CAGR of 10.3% during the forecast period according to a new study published by Polaris Market Research.

The report offers a deep-dive analysis on global market insights, market trends, key driving factors along with the challenges. The report also focuses on different segments and outlines the growth prospects across all the geographies covering major countries. The study outlines the major competitive scenarios of the key players operating in the market along with their strategic initiatives, and recent developments such as new products or services introductions along with the mergers and acquisitions and R&D activities. The study also focuses on the traction these major players are generating in different regional pockets across major countries.

The sample for the study can be requested using the following link: https://www.polarismarketresearch.com/industry-analysis/mountain-bike-market/request-for-sample

The analysis on different segments of the Mountain Bike Market provided in the report would help to gain insights about current market scenarios and future market trends. All these segments are further bifurcated by regions and countries, thus making it possible for the decision makers to understand the market situation. Major regions included in the report include North America, Europe, Asia Pacific, Latin America and Middle East & the African region.

The worldwide Mountain Bike Market study includes premium industry insights such as ecosystem analysis, value chain analysis, and competitive ranking/competitors market share analysis which would help key decision makers, stakeholders, and industry analysts to make cost-effective and efficient decisions.    

Some of the major players profiled in the Mountain Bike Market study include:

Trek Bicycle Corporation, Cannondale Bicycle Corporation, Diamondback Bicycles, XDS Bikes, Scott Sports SA, Giant Manufacturing Co. Ltd., Pivot Cycles, Trinx Bikes, Xidesheng Bicycle Company, and Rocky Mountain Bicycles among others
Key Segment Analysis
Type
  • Cross Country Mountain Bike
  • Downhill Mountain Bike
  • Freeride Mountain Bike
  • Dirt Jumping Mountain Bike
  • Others
 Distribution Channel
  • Specialty Bicycle Retailers
  • Mass Merchants
  • Full-Line Sporting Goods Store
  • Outdoor Specialty Store
  • Others
 Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Asia-Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Middle East and Africa

What to expect from this research study
  • Premium insights on the market such as
    1. Porter’s & PESTEL Analysis
    2. Value-Chain Analysis
    3. Company Market Share Analysis
    4. Drivers, Restraints & Challenges Analysis
    5. Market Trend Analysis
  • Deep-dive insights on both global, regional and country level
  • Analysis of the most recent key developments & strategic initiatives taken by the players operating in the market
  • Future trends estimated keeping most recent base year, along with analysis of historical market data and impact of current market scenarios
  • A holistic view of the market along with multi-level segmentation    


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
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com 
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Solar Panels Market by Manufacturers, Regions, Type And Application, Industry Analysis And Forecast Till 2026

The global solar panels market size is anticipated to reach USD 90.23 billion by 2026 growing at a CAGR of 12.4% from 2018 to 2026 according to a new report published by Polaris Market Research.  The report ‘Solar Panels Market Size, Share, Trends, & Industry Analysis Report By Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-Film Solar Panels); By End-User (Residential, Commercial, Utility, Others), By Regions: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects. In 2017, the commercial segment accounted for the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.

The increase in the adoption of renewable energy sources, significant investments in environmental protection, coupled with government initiatives aimed at increasing the adoption of solar panels majorly drives the market growth. Increasing demand for sustainable energy solutions and government efforts in the form of incentives and schemes boost the market growth. Growing concerns regarding environmental pollution caused by use of fossil fuels and their limited availability further support the market growth. New emerging markets, and declining costs of photovoltaic materials would provide growth opportunities in the market in the coming years.


Asia-Pacific generated the highest market share in terms of revenue in 2017, and is expected to lead the global market throughout the forecast period. The growing urbanization, and depleting traditional energy sources has accelerated the market growth in the region. A significant rise in the initiatives taken by governments of China, India, and Japan to promote the use of solar technology to reduce carbon footprint supports the market growth in the region.

Incentives provided by the governments to the commercial sector industries using solar technology has resulted in high demand of solar panels in the region. Regions such as North America and Europe export solar cells from Asia-Pacific, thereby supporting the market growth in the region. Increasing awareness regarding use of renewable sources and green technologies augments the market growth in the region.

To customize the study according to your specific requirements please click At : https://www.polarismarketresearch.com/industry-analysis/solar-panels-market/request-for-customization


Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. In June 2017, Heraeus Photovoltaics, a major player in the solar energy market, partnered with Solar Space, a China-based multicrystalline solar cell producer for technological advancement and development of innovative solar panels. In September 2017, Heraeus Photovoltaics, entered into a partnership agreement with JinkoSolar Holding Co., Ltd. Through this partnership, the companies plan to develop advanced solar panels offering higher efficiency and lower costs.

The well-known companies profiled in the Solar Panels market report include Yingli Green Energy Holding, Suntech Power Holdings, SunPower Corporation, Panasonic Solar Panels, Hanwha Q CELLS, Jinko Solar, Canadian Solar, Trina Solar, First Solar, and Bosch Solar Energy. 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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Chemical Vapor Deposition (CVD) Market Segments, Regional Outlook, Development Status, Key Players and Forecast to 2026

The report “Chemical Vapor Deposition (CVD) Market Share, Size, Trends, Industry Analysis Report By Category Type (Equipment, Services, and Materials); By Technology Type (Plasma Enhanced CVD, Low Pressure CVD, Atomic Layer CVD, Metal Organic CVD, and Others)]; By Application (Solar Products, Electronics, Data Storage, Medical Equipment, and Others); By Regions, Segments & Forecast, 2018 – 2026” provides a comprehensive analysis of present market insights and future market trends. The global chemical vapor deposition (CVD) market size is anticipated to reach USD 47.2 billion by 2026 growing at a CAGR of 8.1%, according to a new study published by Polaris Market Research. 

Chemical vapor deposition is a vapor deposition technology by which thin films are deposited on different types of substrates. In a typical CVD, the substrate is exposed to one or more volatile precursors which deposit on the substrate to produce the desired deposit. Advantages of chemical vapor deposition include conformal thickness, high purity and a higher deposition rate.


The key players in CVD market include Veeco Instruments, Praxair Surface Technologies, Inc., Ulvac, Inc., IHI Corporation, Applied Materials Inc., Adeka Corporation and CVD Equipment Corporation and Air Liquide.

   
Globally, a rising semiconductor industry and increase in manufacture of electronic components for semiconductor devices is primarily driving chemical vapor deposition market. The microelectronics industry runs because of miniaturization of components which is the most arising need today. This is achieved by marked chemical vapor deposition processes for achieving homogenously thin films.

Mobiles, PCs, smartphones and such electronic gadgets are penetrating market reach with India and China at the top of growth. This technique is used for coating components of electronic devices including integrated circuits, capacitors and resistors. Semiconductor sales has increased at a fast pace in 2017 registering   mammoth growth. Semiconductor sales will still multiply with high demand existing for memory products. As semiconductors are the piece de resistance in almost all electronic products, semiconductor technology is likely to drive growth for chemical vapor deposition market most assuredly.

To customize the study according to your specific requirements please click At : https://www.polarismarketresearch.com/industry-analysis/chemical-vapor-deposition-cvd-market/request-for-customization

Solar panel application is slated to grow at the highest rate. The chemical vapor deposition (CVD) technology is widely used in fabrication of solar cells. The usage spawns deposition of crystalline-silicone solar cells to the deposition of range of different materials in high performance film solar cells. The solar panel is expected to rise in forthcoming years due to decline in cost of solar modules. The decline can be mainly attributed to improvement in material efficiency, production optimization and economies of scale. The Government across the globe has a plan in place to propel growth of solar energy by introducing various investments which in turn will drive growth of CVD equipment and materials.

Asia pacific is most likely the country of choice to drive growth in Chemical Vapor Deposition Market. Here too electronics manufacturing comes tops in Asia pacific markets and drives growth with semiconductor devices, medical equipment, data storage and solar devices creating uproar in the Chinese market. China is striving to vertically integrate electronics manufacturing industry by initiating entry into global semiconductor manufacturing industry. In 2015, China state council initiated a market plan called Made in China 2025. The plan delves on high end manufacturing innovation and intelligent manufacturing.

In March 2018, Oerlikon has announced to acquire Sucotec AG, a Swiss manufacturer specializing in CVD for the tools. This acquisition is likely to bolster the range of products and services provided by Oerlikon Balzers which focuses on PVD (Physical Vapor Deposition and PACVD (Plasma assisted chemical vapor deposition).

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Solar Inverter / Pv Inverter Market Trends, Global Demand, Industry Growth,In-Depth Analysis And Opportunities Till 2026

Global solar inverters / PV inverters market is expected to grow from USD 5.32 billion in 2017 to USD 25.86 billion by 2026, at a CAGR of 16.1% during the forecast period, according to a study published by Polaris Market Research.

The energy demand globally is snowballing progressively over the last few decades with new methods of energy sources are continually discovered to meet the energy demand of the future. Natural and conventional energy sources such as coal is continually depleting thus renewable sources are explores constantly. Solar energy is one form of renewable energy source where sunlight is converted into electricity. Solar inverters are basically used along with solar or photovoltaic cells to convert direct current (DC) into alternative current (AC). The inverter industry has been going under a concentrated phase of procedural innovation. For project developers, investors as well as regulators, inverters form an integral part. Solar power to support utility grids has gained traction owing to rising demand for power. However, not much solar power plants are placed into grids owing to higher cost associated in setting up of solar power systems as compared to coal, wind and nuclear power generation systems. For installing solar power generation systems into a utility grid, solid state inverters are considered to be the benchmark.


Some of leading industry participants include Huawei, Sungrow Power Supply, SMA Solar Technology AG, ABB Ltd., Sineng, TBEA, TMEIC, Schneider Electric, SolarEdge Technologies, Power Electronics, KACO New Energy Inc., Fronius, Wuxi Sineng, SunPower Corporation, Delta Electronics, Inc., Hitachi Hi-Rel Power Electronics Pvt. Ltd. and Siemens AG among others.

Inverter technologies is constantly going under technological upgradations thus promising better grid support and sophisticated system optimization, the market is expected to reach its zenith during the forecast period. Solar inverters are generally selected on the basis of array size and AC grid inter-tie. Countless modifications regarding design such as grid-tie inverters, stand alone inverters and backup inverters are designed upon their application. The residential and commercial construction activities are recovering globally, this end-user segment is expected to hold vital considerations for the growth of the solar inverters market share.
  
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Solar Inverters Market, 2018-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.



Competitive Landscape and Key Vendors
The global solar inverters market is a concentrated market with the presence of limited multinationals and national players. Asia Pacific market generated the highest demand in 2017. This was primarily due to the increasing demand renewable energy sources in China as well as growing number of photovoltaic solar plants in the country. Additionally, depleting natural energy sources as well as deteriorating air quality has forced the government to take actions and curb emission of harmful gasses. Apart from China, Japan and South Korea, Indian which is rapidly becoming a major consumer of solar inverters in the region is also expected to generate substantial demand. European nations such as Germany, France, UK and Italy are anticipated to be some of the leading nations to generate substantial demand by 2026 in the region. North America is yet another potential industry in terms of production as well as consumption of solar inverters.


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