Thursday, 9 September 2021

Fuel Cell Market Size, Recent Advancement & Scope Top Trends

 The global fuel cell market is estimated to reach USD 13.71 billion by 2026 growing at a CAGR of 17.5% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Fuel Cell Market Share, Size, Trends, & Industry Analysis Report, By Type (Solid Oxide Fuel Cells, Phosphoric Acid Fuel Cells, Proton Exchange Membrane Fuel Cells, Molten Carbonate Fuel Cells); By Application; By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the stationary application segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

Government regulations and favorable public initiatives regarding energy consumption have boosted the adoption of fuel cell. Growing concerns regarding environment, increasing demand for unconventional energy sources, and increasing adoption of power efficient energy systems further support the market growth. Additionally, higher efficiency offered by fuel cells as compared to other power generating systems, and growth in adoption of distributed power system would boost the market growth during the forecast period.

 

Other factors supporting market growth include supportive government regulations, increasing awareness, adoption of green technologies, and technological advancements. Increasing investments by vendors in advancements in hydrogen storage, and increasing demand of fuel cell vehicles further boosts the market growth.

 

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Asia-Pacific generated the highest revenue in the fuel cell industry in 2018, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the fuel cell market growth in the region. The governments in the region are investing significantly to promote the adoption of fuel Cell. The increasing application of fuel cells in commercial, and transportation sector further supports the market growth in the region. The increasing penetration fuel cell electric vehicles, and significant increase in power consumption accelerates the adoption of fuel cells in the region.

 

The Phosphoric Acid Fuel Cells (PAFCs) use liquid phosphoric acid, ceramic electrolyte and a platinum catalyst. PAFCs operate at a higher temperature, and are capable of handling small amounts of fuel impurities. PAFCs are used in high-energy demand applications, such as hospitals, schools, and manufacturing and processing centers. Solid Oxide Fuel Cell (SOFCs)

 

are the highest temperature fuel cells, operating at about 1800 degrees Fahrenheit. SOFCs use a dense layer of ceramic as an electrolyte, a non-platinum catalyst, and are commonly fueled by natural gas. SOFCs can achieve electrical efficiencies of 50% to 60%, and 70%-80% in CHP applications. SOFCs are used in applications such as small residential auxiliary power units, and large-scale stationary power generators for buildings and businesses.

 

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The well-known companies profiled in the report include Aisin Seiki Co. Ltd., Ceres Power Holdings PLC, Plug Power Inc., Panasonic Corporation, Ballard Power Systems, Inc., Nedstack Fuel Cell Technology, Horizon Fuel Cell Technologies, Intelligent Energy Limited, Mitsubishi Hitachi Power Systems, Ltd., and Toshiba Fuel Cell Power Systems Corporation. 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.

 

Polaris Market Research has segmented the global fuel cell market on the basis of type, application, and region:

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

  • Solid Oxide Fuel Cells
  • Phosphoric Acid Fuel Cells
  • Proton Exchange Membrane Fuel Cells
  • Molten Carbonate Fuel Cells
  • Others

Fuel Cell Application Outlook (Revenue, USD Billion, 2015 – 2026)

  • Stationary
  • Portable
  • Transport

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Bio-Plasticizers Market With Business Strategies And Analysis To 2028

 The report “Bio Plasticizers Market Share, Size, Trends & Industry Analysis Report [By Product Type (Epoxidized Soybean Oil (ESBO), Citrates, Castor Oil, Succinic Acid, Glycol Esters), By Application (Packaging Materials, Consumer Goods, Building & Construction, Automotive, Medical Devices, and Others), By Regions] Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends. The global bio plasticizer market is anticipated to reach USD 2.11 Billion by 2026 growing at a CAGR of 8.8% during the forecast period according to a new study published by Polaris Market Research.

 

The main purpose of a bio-plasticizer is to function as an additive when incorporated in a polymer matrix. These compounds increase the flexibility together with the chemical properties of the substrate material such as plastic. Bio-plasticizers are located in vegetable oils such as palm, soybean and castor oil.

 

Some modification goes into deriving bio- plasticizer form these vegetable oils, whether external or internal. Hence, they are tagged as environment friendly additives. The use of Bio-plasticizers for wire applications can significantly help reduce carbon gas emission by 40%

 

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The Government ban on use of phthalate in toys, food packaging and other end-use products has been a boon for bio-plasticizer market. Agencies such as consumer product safety commission have passed directives to ban of phthalate in flexible toys and other related toys that are harmful for health. They should meet one more condition which is that they must degrade biologically. Restricted supply of harmful phthalate such as BBP, DEP, DBP and DOP and consumers waking up to knowledge of undesirable side-effects have led to manufacture of eco-friendly bio-plasticizers.

 

The spanning growth of end-user industries such as PVC packaging, automotive, plastics, wires and cables, and medical devices have enhanced growth for global bio-plasticizer. Epoxidized Soyabean Oil (ESBO) is the most common bio-plasticizer. ESBO is manufactured form soyabean oil through process of epoxidation. ESBO is a vital component of PVC gasket where it is the preferred additive typically found in food packaging.

  

Bio-plasticizers find use in vinyl flooring, PVC Cables and resins, wire jacketing and automobile fabricated parts. The PVC market is one of the largest end-use for bio-plasticizers as it is the most common application for thermoplastics. Certain types of PVC materials are very rigid and require plasticizers for adding flexibility to it.

 

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North America has been the largest contributor to bio-plasticizer market with U.S. being the major revenue generating nation. Large market for end-user industries such as consumer goods, chemicals and medical devices has fueled the market.

 

Asia pacific is anticipated to be thriving regional market due to market saturation in consumer goods, chemicals and medical devices that is driving market growth.

 

Large number of key players is present in Bio-plasticizer industry. They include Laxess AG, Emery Oleochemcials LLC, Dow Dupont, Evonik Industries’, Danisco US Inc., BASF SE, BioAmber, Inc., Polyone Corporation, Myriant Corporation and Vertellus Holdings LLC.

 

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According to Polaris Market Research, bio-plasticizer market is segmented into product type, application, and regions.

 

  • Bio Plasticizer Product Type Outlook (Revenue USD Millions 2015-2026)
    1. Epoxidized Soybean Oil (ESBO)
    2. Citrates
    3. Castor Oil
    4. Succinic Acid
    5. Glycol Esters
  • Bio Plasticizer Application Outlook (Revenue USD Millions 2015-2026)
    1. Packaging Materials
    2. Consumer Goods
    3. Building and Construction
    4. Automotive
    5. Medical Devices
    6. Others

 

Cancer Immunotherapy Market SWOT Analysis, Business Growth Opportunities By 2028

 The global cancer immunotherapy market size is expected to reach USD 117.82 billion by 2026 according to a new study by Polaris Market Research. The report “Cancer Immunotherapy Market Share, Size, Trends, Industry Analysis Report By Type (Monoclonal Antibodies, Cancer Vaccines, Check Point Inhibitors & Immunomodulators); By Application (Lung Cancer, Breast Cancer, Colorectal Cancer, Melanoma, Prostate Cancer, Head & Neck Cancer); By End-user (Hospital, Clinics, Others); By Regions, Segments Forecast, 2020 – 2026”gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Increasing pool of patients and greater mortality rates through cancer worldwide have encourage the need for cancer immunotherapy. Cancer is the second leading cause mortalities in 2019, with continuous rise in the number of cancer patient across the globe, as per the report published by WHO. Furthermore, it is estimated that 1 out of 6 deaths occurs due to cancer every year across the globe. As per WHO, nearly one-third of the mortalities from cancer are due to 5 leading behavioral and dietary risk, which includes low fruit and vegetable intake, high body mass index, lack of physical activity, alcohol consumption, and tobacco use. Tobacco is one of the leading factors for the rise in the prevalence of cancer and mortalities that accounted to nearly 22% of the global population. Rising number of cancer patients is the major factor for the growth of global diagnostic biomarker market.

 

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According to WHO, in 2015, there were around 17.6 million cases related to cancer that increases to 18.1 million cases in 2018 and nearly 9.6 million mortalities. Cancer immunotherapy is widely used in treating prostate cancer, blood cancer, melanoma, lung, breast, colorectal and other chronic diseases. In the breast cancer segment, there is relatively higher demand for immunotherapy. The demand for immunotherapy in pulmonary cancer is also significantly increasing. Furthermore, the growing population of smokers and the alarming increase in urban air pollution are the main factors driving the market development. Therefore, increasing prevalence of cancer across the globe augmenting the global market for cancer immunotherapy.

 

Moreover, the global market for cancer immunotherapy is driven by a growing amount of approvals for new immunotherapy drugs. In the global cancer therapy industry, cancer immunotherapy has led to unprecedented changes. Over the past few years, cancer immunotherapy has generated fresh waves of optimism across the global oncology industry, which has unmasked enormous innovative potential. Studies now look for fresh goals and procedures to overcome the lapses in conventional treatment after years of jostling about the way the body can use its immune system. The paradigm shift in the management of cancer, relative to existing conventional therapies based on features like relatively long-lived effects, exceptional specificity and enhanced survival rates was brought about by the introduction of cancer immunotherapy. This has led to the accelerated growth of the global market.

 

Moreover, emerging market such as Asia-pacific has substantial opportunity in the market. The factors that will be favorable to the growth of the market in the emerging market includes increasing government expenditures on healthcare in Asian countries, and the presence of huge population suffering with colorectal cancer and other cancer types. The cancer cases in Asia are increasing at a rapid rate. According to the WHO, there were an estimated 4 million mortalities from cancer in Asia in 2016. Cancer is the leading cause of mortality in China as there are 4 million new cancer patients diagnosed every year.

 

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The same condition is in South Korea, as there are more than 200,000 new cancer cases a year. The increase in cancer cases in Asia can be accounted to the lifestyle and demographic changes. According WHO The incidences of colorectal cancer India were estimated about 1,85,000 in 2017. Japan accounted 1,49,000 cases in the 2017 according to national cancer institute. The average annual increase in government healthcare spending in the US is 4.5% and less than 1.5% in the European Union. However, Asian countries increase in healthcare expenditure is more than 6%, which is higher than the developed nations. Japan has the highest growth in the healthcare. Thus, creating significant opportunity in the market.

 

Polaris Market research has segmented the cancer immunotherapy market report on the basis of:

 

Cancer Immunotherapy Type Outlook (Revenue, USD Billion, 2015 – 2026)

  • Monoclonal Antibodies,
  • Cancer Vaccines,
  • Check Point Inhibitors & Immunomodulators

Cancer Immunotherapy Application Outlook (Revenue, USD Billion, 2015 – 2026)

  • Lung Cancer
  • Breast Cancer
  • Colorectal Cancer
  • Melanoma
  • Prostate Cancer
  • Head & Neck Cancer

Cancer Immunotherapy End User Outlook (Revenue, USD Billion, 2015 – 2026)

  • Hospitals
  • Clinics
  • Others

 

Barrier Systems Market Size, Recent Advancement & Scope Top Trends

 The global barrier systems market size is expected to reach USD 29.54 billion by 2028 according to a new study by Polaris Market Research. The report “Barrier Systems Market Share, Size, Trends, Industry Analysis Report, By Operation (Passive, Active); By Technology (Token Reader Technology, Biometric Systems, Turnstile, Perimeter Security Systems & Alarms); By Type (Flexible, Semi-Rigid, Rigid); By Access Control; By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing investments in infrastructure development coupled with growth in the automotive sector drive the growth of the market. Increasing occurrences of road accidents have encouraged governments to develop road networks and install barrier technologies for efficient traffic management and improved road safety. The significant growth in transportation sectors and growing applications in the commercial and industrial sectors have resulted in the growth of the market.

The demand for active products is expected to increase during the forecast period. Active products are manually, or mechanically operated systems equipped with movable parts for the passage of traffic. Active products offer protection by securing an environment and permitting movement only when required. Active systems such as drop arms, slide gates, vertical lift, wedge, and swing gates are installed at critical vehicle access control points or other entry locations to prevent unauthorized access.

 

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On the basis of type, the market is segmented into flexible, semi-rigid, and rigid. Flexible barrier systems consist of several wire cables supported by steel posts. The ropes are responsible for the guidance of vehicles along the barrier while the posts slow down the vehicles by absorbing their kinetic energy.  These systems are designed to minimize the impact of crashes by smoothly redirecting the vehicles.

 

The demand for biometric-based barrier products is expected to increase during the forecast period. Biometric-based products can provide high identification accuracy and a superior level of security. Biometric-based barrier systems offer advantages such as time efficiency, ease of use, harder to falsify, cost efficiency, reliability, and privacy. Biometric-based barrier products are increasingly being used in banks and financial institutions, government organizations, and other areas requiring a high level of security.

 

Crash barrier products accounted for a major share of the global market in 2020. These products are installed for enhanced safety on roads and highways to prevent accidents and the impact associated with them. Governments across the globe are investing in safer road infrastructure and integrating advanced technologies to redirect vehicles and decrease the severity of vehicle impacts.

 

The transportation segment is expected to grow at a significant rate during the forecast period. An increasing number of road accidents, a greater need to manage traffic, and enhance commuter experience are some factors attributing to the market growth. The products offer control access to transportation infrastructures such as tunnels, bridges, and roadways and also enable control of gates and others remotely.

 

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These products are developed to prevent the crashing of out-of-control vehicles and reduce crash severity. The increasing penetration of passenger vehicles, rising investments in the development of transport infrastructure, the introduction of stringent road safety regulations, and the development of smart cities are expected to fuel the market growth during the forecast period.

 

The demand for the product in Asia Pacific is expected to significantly increase during the forecast period. Growing penetration of vehicles, rising occurrence of accidents, and greater need for efficient traffic management drive the market growth in the region. Significant investments in infrastructure development and growth in the construction and real estate sectors have increased the adoption of the product. Rising demand from commercial and industrial sectors is expected to provide growth opportunities during the forecast period.

 

Vendors in the global market are expanding their geographical presence and product portfolios to strengthen their presence. The developing nations of Asia-Pacific would provide significant growth opportunities in the market. Some of the major market participants include Hill & Smith Holdings PLC, Trinity Industries, Inc., Bekaert SA, Delta Scientific Corporation, A-Safe, ATG Access Ltd, BBS Barriers, Tata Steel Limited, Automatic Systems, Inc., Avon Barrier, Valmont Industries, Inc., Lindsay Corporation, and FutureNet Group.

 

Service Robotics Market With Business Strategies And Analysis To 2028

 The global service robotics market size is anticipated to reach USD 54.4 billion by 2026 growing at a CAGR of 17.3% from 2018 to 2026 according to a new report published by Polaris Market Research.  The report ‘Service Robotics Market Share, Size, Trends, & Industry Analysis Report, By Type (Professional Service Robotics, Personal Service Robotics); By Component (Hardware, Software, Services); By Environment; By End-User; By Region: Segment Forecast, 2018 -2026’ provides insights on the current market scenario and the future prospects. In 2017, the hardware segment dominated the global service robotics industry, in terms of revenue. Europe was to be the leading contributor to the global market revenue in 2017.

 

There has been an increase in the demand of service robotics solutions across the world owing to greater need for automation of services. With the increasing use of collaborative robots in service applications, the overall demand for robotics has increased drastically over the years. The rising applications of drones, unmanned ground vehicles, unmanned surface vehicles, autonomous underwater vehicles, unmanned aerial vehicles in the military sector, use of delivery robots, personal assistance robots, inventory management bots in the healthcare & logistics sector coupled with reduction of hardware costs for the manufacturing of service robots are some stimulating factors for the global service robotics industry.

 

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Technological advancements in vision software and assistive robots for patient care have further led to the development of innovative products to cater to the customized requirements and diversified applications of service robots in the healthcare industry. Growth of wireless technologies, smartphone adoption, rising trend of cloud computing, strong and stable economic growth in the growing economies, and untargeted potential markets provide lucrative opportunities for the market players in the market.

 

The advent of new technologies has led to the development of efficient and advanced medical robots for providing customized solutions. Consumer robots compatible with iPad/PC are developed for autistic children, which enable therapists and parents to guide them through their activities. Surgeons are able to perform operations from remote locations, allowing them to provide diagnosis through an interactive moving robot with the adoption of latest telesurgery and telepresence technologies. The da Vinci Surgical System, a surgical robot developed by Intuitive Surgical, Inc., holds a major share in the robotic surgery market.

 

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Surgical robots are specifically designed to perform surgeries or assist surgeons during operation procedures. It is a significant revenue-generating category in the healthcare segment owing to its high precision. Companies have formed alliances to offer diversified solutions in this segment. For instance, Verily Life Sciences LLC, a company by Alphabet Inc., has partnered with Johnson & Johnson’s Ethicon to manufacture surgical robots under jointly incorporated Verb Surgical, Inc. Another company, TransEnterix, Inc. recently launched the Surgibot Surgical System, which is capable of performing surgeries by creating only one incision for multiple instruments.

 

Europe generated the highest revenue in the service robotics industry in 2017. Growing demand for automation, technological advancements, and increasing labor costs encourage companies to invest in service robotics. Vendors in the service robotics industry deliver customized solutions for self-driving vehicles, surgical technologies, entertainment, and agriculture to cater to a wider audience. Government initiatives such as launch of civilian research and innovation program in robotics in 2014 and incorporation of SPARC Robotics, a joint platform for robotics companies in Europe, help to drive the market growth in Europe. In addition, under the platform of Innovation Union, a Europe 2020 flagship initiative is formed to maximize Europe’s global competitiveness.

 

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The well-known companies profiled in the service robotics market report include Intuitive Surgical, Inc., Adept Technology, Inc., Irobot Corporation, Kuka AG, Aethon Inc., Bluefin Robotics, GeckoSystems Intl. Corp., Panasonic Corporation, Yujin Robot, Co., Ltd., Robert Bosch GmbH, Parrot SA, and Kongsberg Maritime. These companies launch new products and collaborate with other leaders in the market to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Fiber Optics Market With Business Strategies And Analysis To 2028

 According to a new study published by Polaris Market, the global Fiber Optics Market is anticipated to reach USD 7 billion by 2026. The market for Fiber Optics is propelled by factors including, increasing penetration of internet, rising government funds for the development of broadband infrastructure, and intense research investments by the companies for development of innovative and new technology in the fiber optic to enable cost-savings.

 

The plastic optic fiber market is expected to notice a high growth during the projected period. The core material (polymer) used for construction of plastic optic fiber is different from the material (glass) used in single mode and multimode.

 

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This provides a dynamic application and helps in saving cost. Further, the telecommunication application segment is dominating the market for fiber optics attributed to the escalating demand for internet in developing economies. This segment is expected to witness constant growth owing to growing telecommunication industry particularly in Asia Pacific and Middle East & Africa region.

 

 

The Asia Pacific Fiber Optics Market is anticipated to witness the highest growth followed by Middle East & Africa. Increased industrialization, increasing adoption of smart devices resulting in high demand for internet, and blooming telecommunication industry are the major factor for propelling market growth in Middle East & Africa. Further, rising fiber optics applications in medical sector is driving market growth in countries including, China, India, and Japan. Also, governments of developed nations such as US, Japan, Germany, UK, and China are significantly investing to improve their country’s security infrastructure. Thus, with the adoption of fiber optics by the government, due to the benefits delivered by it, has further resulted in increased the Fiber Optics Market growth.

 

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Corning, one of the leading company in fiber optics market stated that the market demand is surpassing supply. The company announced its plans to spend USD 176 million in the next two years for building a new manufacturing facility for optical fiber as well as to expand its existing facility. Also, Finisa, a transceiver vendor, is also planning to construct a new manufacturing plant in China and expand its existing facility in Texas. Such development reflects the increasing market growth. The major players operating in the Fiber Optics market include Corning Incorporated, Prysmian S.p.A., Optical Cable Corporation, OFS Fitel, LLC, AFL, Furukawa Electric, Sterlite Technologies Limited, Finolex Cables Ltd., YOFC and General Cable Corporation among others.

Access Control System Market With Business Strategies And Analysis To 2028

 The global access control system market size is expected to reach USD 15.62 billion by 2027 according to a new study by Polaris Market Research. The report “Access Control System Market Share, Size, Trends, Industry Analysis Report, By Type [Hardware (Card-based Readers, Biometric Readers, Multi-technology Readers, Electronic Locks, Controllers, Others), Software (Visitor Management System, Other), Services (Installation & Integration, Support & Maintenance); By End Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The shift from key-based to keyless Access Control System has eliminated the stress associated with key-dependent access systems, such as keys misplacement, etc. It has, furthermore, enhanced the end-user experience, as these systems are comparatively more efficient, faster processing power, and multitude options for unlocking doors (RFID, biometric, keypad, and key, all in one access system to eliminate the dependence on one type of access system), and remote accessibility.

 

Owing to such features, Access Control System are now widely installed across several industries, and the market, globally, is furthermore expected to witness impelling growth during the forecast period as well. Moreover, the desired need for enhanced security, living standards, and spending capability of the population are furthermore expected to drive the market.

 

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Finger-vein recognition technology requires finger scanning with the use of infrared sensor and a chargeable device, which highlighting unique finger pattern in a database aiming to reduce dummy finger issues providing high security and has found mass growth in sectors like attendance tracking, border control, etc.

 

Owing to the increasing burglaries in residential areas has led to the high demand for enhanced access systems. Besides this, increasing adoption of smartphones is observed, globally. Henceforth, the lack of presence of competition in the remote access control system market, in response to the increasing demand for remote access security from the end-users, poses a high growth opportunity for vendors planning on investing in the same.

 

Use of artificial intelligence and smart applications like biometrics and card-based access control system add value to business ensuring high-level security with enormous indirect data collection pertaining to the employees. High-security doors mounted with intelligent PACs are being installed in areas like server room racks and cabinets, this is expected to drive market growth.

 

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Companies such as Honeywell International, Allegion, Avigilon, Bosch security, Johnson controls, 3M Cogent Inc., Accu-Time Systems Inc., Aware Inc., Bio-Key International Inc., Axis communications, Assa Abloy, United Technologies Corporation, Digital Persona Inc., IrisID Systems Inc., Morphotrak LLC, NEC Corporation, and Secugen Corporation are few key players operating in the Access Control System market.

 

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Semiconductor IP Market With Business Strategies And Analysis To 2028

 The global Semiconductor Intellectual Property (IP) Market is anticipated to reach $9.3 billion by 2026 according to a new research published by Polaris Market Research. In 2018, the consumer electronics segment accounted for the highest Semiconductor Intellectual Property market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Semiconductor Intellectual Property market revenue in 2018.

 

The increase in demand for consumer electronics such as MP3 players, digital cameras, cell phones, coupled with increasing use of connected devices majorly drives the Semiconductor Intellectual Property market growth. Rising demand for modern System on Chip (SoC) design, and growing need to reduce manufacturing and design cost boost the Semiconductor Intellectual Property market growth. Advancement in multicore technology for consumer electronics further supports the growth of the Semiconductor Intellectual Property market. New emerging markets, and emergence of technologies such as embedded and programmable DSP IPs would provide growth opportunities in the Semiconductor Intellectual Property market in the coming years.

 

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Asia-Pacific generated the highest Semiconductor Intellectual Property market share in terms of revenue in 2018, and is expected to lead the global Semiconductor Intellectual Property market throughout the forecast period. The growing urbanization, increasing population, and rising living standards have accelerated the Semiconductor Intellectual Property market growth in the region. A significant rise in the demand for consumer electronics from countries such as China, India, and Japan, and increasing adoption of connected technologies support the growth of the Semiconductor Intellectual Property market in the region. The growing automotive industry, and increasing penetration of electric vehicles support the Semiconductor Intellectual Property market growth in the region. Modernization of vehicles and development of autonomous vehicles augments the Semiconductor Intellectual Property market growth in the region.

  

Soft Semiconductor Intellectual Property is usually offered in high-level language such as RTL C++ Verilog or VHDL, and is generally portable. However, it is not optimized for a specific process technology. Thus, the power, performance and area are not known until it is committed to a specific process technology and library. Hard Semiconductor Intellectual Property is usually offered in GDSII format along with an accompanying set of EDA views or models, while being optimized for a specific foundry process. Some examples of hard SIP include processors, standard cells, memories, phase locked loops, and analog blocks.
 

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The well-known companies profiled in the Semiconductor Intellectual Property market report include Synopsys Inc., Eureka Technology Inc., Fujitsu Ltd., Lattice Semiconductor Corporation, Faraday Technology Corporation, ARM Ltd, Cadence Design Systems Inc., Ceva Inc., Intel Corporation, and Imagination Technologies Limited. 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.

Temporary Power Market With Business Strategies And Analysis To 2028

 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. 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.


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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.


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


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. 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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Human Machine Interface Market With Business Strategies And Analysis To 2028

 The global Human Machine Interface Market is anticipated to reach USD 11.88 billion by 2026 according to a new study published by Polaris Market. Major factors for the human machine interface market growth includes the rising adoption of industrial automation equipment in manufacturing industry, growing smart automation demand, growth of industrial internet of things, and rising need for monitoring in the manufacturing facilities. Further, advancements in HMI programming software with the purpose to incorporate ability to manage multi-vendor environment is expected to intensify market growth during the forecast period. Advantages such as remote operation along with extensive adoption of HMIs by the Oil & Gas industry and water treatment plants to operate in harsh environments is expected to further propel the human machine interface market. Further, it has also stimulated manufacturers to develop devices with enhanced wear and tear property.

 

The rising trend towards protocol conversion for exchanging data between connected devices is further driving the human machine interface market growth. Furthermore, developments in technology for instance, open platform architecture ensuing enhancement of the mitigation process is fueling the market growth. However, factors such as change in business process and high capital requirement are the key challenges impacting to the market growth. Moreover, inadequate skilled professionals and lack of awareness regarding HMIs also acts as restraints to the market.

 

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The North American region is anticipated to dominate the human machine interface market during the projected period. Growth in discrete industries, rising demand for advanced software, and significant adoption of innovative manufacturing process are the factors responsible for the market growth. The Asia Pacific region is anticipated to witness a very high growth. Technological advancements in several industries and rising infrastructure and economic developments in Japan, India, China, and other Southeast Asian economies are the key factors propelling market growth in the Asia Pacific region.

 

Key strategies adopted by the players in the market includes new product launches, product developments, acquisitions, expansions, and collaborations for enhancement of product offerings and expanding reach. ABB Ltd., Eaton Corporation, Siemens AG, Emerson Electric Co., Honeywell International Inc., Yokogawa Electric Corporation, Rockwell Automation Inc., Mitsubishi Electric Corporation, American Industrial Systems Inc. and Schneider Electric SE among others.

 

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Wednesday, 8 September 2021

Polyurethane (PU) Market SWOT Analysis, Business Growth Opportunities By 2028

 The global polyurethane (PU) market is anticipated to reach USD 92.26 billion by 2026 according to a new study published by Polaris Market Research. Polyurethanes comprise linear polymers that contain carbamate groups. These groups are generally denoted as urethanes and are manufactured through condensation process. They generally involve the reaction between polyol and diisocyante. The end product has a wide range of applications in various industries such as automotive, construction, furniture, and electronics, among others.

 

The properties of polyurethane are highly influenced by the characteristics of polyols such as molecular structure, reactive functional groups, and molecular mass, among other properties. Such properties facilitate varied usage of polyurethanes across a wide range of industries. For instance, they are used as flexible foams which are utilized in cushions, mattresses, and car seats. Similarly, they are used as rigid foams that are generally utilized for insulation purpose in construction sector. Moreover, it is used as molded foam, elastomers, coatings, adhesives and sealants.

 

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Polyurethane is the only plastic that offers high flexibility, rigidness, low density, durability, biostability, resistant to oils, water, grease, and electric currents. It is capable of performing in extreme temperatures, and harsh environmental conditions.  Furthermore, it offers wide resiliency range, strong bonding properties, and is utilized for manufacturing of prototypes, and repeat productions. It is available in various types namely flexible polyurethane, rigid polyurethane, Coatings, Adhesives, Sealants and Elastomers (CASE), thermoplastic polyurethane, reaction injection molding, waterborne Polyurethane Dispersions (PUDs), and binders.

 

The Polyurethane (PU) Market is marked by the presence of numerous players but is largely dominated by well-established international players. The market players are observed competing on the basis of comprehensive range of products and services, along with quality, pricing, and technology.  The presence of large number of market players is highly responsible for lowering down cost price and sales volumes. Such scenario usually creates a negative impact on the financial health of a company. Moreover, the market products are subject to several state, local and federal laws and regulations, duties, and trade agreements. Any addition or alteration in the existing regulations or an economic downturn in different regions (where companies operates) could result in decreasing sales volume and drastically impact the market players’ revenues.

 

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Some of the key players operating in polyurethane (PU) market include Covestro, BASF SE, Mitsui Chemicals Inc., Eastman Chemical Corporation, INEOS, Mitsubishi Chemical Corporation, DIC Corp & RTP Company Huntsman Corporation, LyondellBasell, The Dow Chemical Co., Nippon Polyurethane Industry Corp Ltd., Woodbridge Foam Corp., Lubrizol Corporation, The Rampf Holding GmbH & Co. KG. These players are observed proactively engaging in activities aimed at the development of new products and advanced technology.