Tuesday, May 25, 2021

Global Floating Solar Panels Market to Set Phenomenal Growth from 2020 to 2025

Global FloatingSolar Panels Market is expected to grow considerably in the years to come owing to the increasing emphasis on clean fuel electricity production sources along with limited availability of land for setting up photovoltaic systems. Floating solar panels is an array of solar panels that float on water body like a lake or artificial basin. This technology is the major reason for the growth of renewable energy. They require least land consumption for grid connections and electric cabinet. They can be easily managed with forthright decommissioning and construction. Since no fixed structures are required for the foundation, their installation is completely reversible.

The major driving factor to solar technology is declining panel price to reduce per unit generation cost. This is expected to positively affect simulation and analysis software market. Furthermore, increasing research and development from the leading players, government initiatives for the adoption of floating solar panels and regulations for controlling greenhouse gas emissions are fueling the growth of simulation and analysis software market. However, significant installation and maintenance cost are obstructing the growth of simulation and analysis software market.

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Moreover, limited service providers and scarcity of empty lands is expected to bring wide opportunities in simulation and analysis software market. Increasing conversion efficacy of solar photovoltaic systems. Floating solar panel market is categorized on the basis of product type, technology, location, capacity, application and geography. On the basis of product type, the market is divided into stationary floating solar panels and tracking floating solar panels. Stationary floating solar panels segment is expected to lead floating solar panels industry owing to its efficiency and increasing adoption across several emerging economies.

Based on technology, floating solar panels market is divided into concentrated solar power (CSP), photovoltaic, and concentrator photovoltaics (CPV). Photovoltaic segment is predicted to register high growth owing to several benefits like scalability, one-time installation, no-pollution operation or green-house gas emissions and easy fixation.

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In terms of location, floating solar panel industry is bifurcated as off-shore floating solar panels and on-shore floating solar panels. On shore floating solar panels segment leads floating solar panel market due to increasing applications. Based on capacity, the industry is divided into large-scale, medium-scale and small-scale. Small scale segment is expected to lead owing to the growing investments for the progress of small scale projects.

On the basis of application, floating solar panels industry is divided into industrial, residential and commercial. Commercial application segment is projected to hold larger market share of floating solar panels owing to the extensive use. Geographically, floating solar panels market is segmented as North America, Europe, Asia Pacific and RoW. Asia Pacific is predicted to dominate the market of floating solar panel due to increasing government initiatives and growing energy demand. The key players in floating solar panels industry are Novaton, Infratech Industries, Inc., Ciel & Terre International, Solar Power Incorporated, Trina Solar, Sharp Corporation, DNV GL, Pristine Sun, KYOCERA Corporation, Yingli Green Energy Holding Company Limited, and others.

Friday, May 14, 2021

Stainless Steel Round Bar Market Is Roaring Worldwide From 2021

North America stainless steel round bar market is projected to grow at a higher CAGR. The market for stainless steel round bar in North America is in its mature phase thanks to the engaging activities in the construction sector. Rise in consumption of bar due to its superior properties comprising corrosion resistance, fire resistance, electrical & thermal conductivity is adding more to the growth of regional market. Demand for glass façade, tie rods, door handles and anchoring bars will provide a suitable traction for the market.

The drivers for North America stainless steel round bar market entail increase in demand for rise in consumption of steel bars in the construction sector coupled with entry of new players. Technological advancements and innovations are likely to propel the market growth during the forecast period. The market also encompasses significant need from construction, mining, manufacturing and transportation sectors. However, significant costs involved is likely to challenge the market growth during the forecast period.

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Product segment for North America Stainless Steel round bar market comprises Cr-Ni, high nickel alloys and duplex and super duplex. Geographical segmentation for North America stainless steel round bar industry includes Canada, United States and Mexico. United States accounts for significant share in North America, as the demand for stainless steel is much higher for industrial process.

There have been reported technological developments in New Mexico, Atlantic and Alaska that stimulate the market demand. Texas holds a significance in the stainless steel round bars and anticipated to grow with a higher traction owing to extensive demand in the construction and mining sector. The key players profiled in the North America stainless steel round bar market report entails ATI Allvac, Crucible Industries LLC, Carpenter Technology Corporation, Valbruna Slater Stainless and Universal Stainless & Alloy Products.

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North America Stainless Steel Round Bars Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
    • Cr-Ni
    • Duplex & Super Duplex
    • High Nickel Alloys

North America Stainless Steel Round Bars Country Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
    • U.S.
        • Texas
        • California
        • Oklahoma
        • Illinois
        • Michigan
        • North Dakota
        • Alaska
    • Mexico
    • Canada

Global Quantum Dot (QD) Display Market to Set Phenomenal Growth from 2020 to 2025

 Global Quantum Dot (QD) Display Market is expected to grow significantly in the forecast period due to the increasing popularity of consumer electronics that have upraised the use of quantum dots display on the global scale. Quantum dot (QD) displays are the display devices, using QDs and semiconductor nanocrystals that produces pure monochromatic green, red, and blue colors. QD technology used in the mallows wider color length and improved high dynamic range owing to which they are used in photo-emissive, photo-enhanced and electro-emissive display systems.

Quantum dot display market is majorly driven by the growing awareness of energy efficient solutions and increasing adoption of QD display devices. Quantum dot displays offer several benefits like ultra-definition, cost, energy efficient and high brightness. Several existing players are adopting QD technology to obtain faster, quicker and human eye-friendly television display. Most quantum dot (QD) display industry players are stressing on providing hybrid quantum dots display to cater to growing flexible demands. However, strict government regulations for using cadmium and other heavy metals for electronic displays and significant cost of the systems are hampering the growth of the market.

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The advent of 4KUHD TVs and Ultra HD LED TVs and increasing investments in QD technology are the major trends in QD display market. Additionally, the growing demand for smartphones, tablets and televisions with superior clarity & color, improved brightness levels, and better user experience are some other trends witnessed by the market of quantum dot (QD) display.

Quantum dot display industry is categorized on the basis of material, component, device, and geography. On the basis of material, the market is divided into cadmium-free and cadmium-containing. Cadmium-free segment come with various benefits like environment friendly, improved wavelength and tenability and pure color, due to which the segment is expected to dominate the industry of quantum dot (QD) display in future.

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Based on component, quantum dot (QD) display market is split into glass tube, film and LED. Quantum dots are extensively used in televisions with thin glass tubes that turn to green and red colors. Hence, glass tube segment is projected to grow substantially in the coming years owing to its increasing use in televisions.

On the basis of devices, quantum dot (QD) display industry is classified into consumer electronics, medical instruments, and others. Consumer electronics is further classified into smartphone, laptop, television, wearable devices, and others. Owing to the rising demand for consumer electronics due to growing population, consumer electronics segment is predicted to rise significantly in the coming years. Also, the rise in development of medical devices by medical researchers and scientists is propelling the growth of medical devices segment.

Geographically, the market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Owing to the implementation of modern technology and early adoption of QD technology. North America is expected to lead the market of quantum dot (QD) display. The major players in QD display industry comprise Apple Inc., Samsung, Sharp, Sony, Vizio, Philips, TCL, and Hisense.

Wednesday, May 12, 2021

UAV Payload Market Attain Height of USD 6.34 billion Worldwide

 Global UAV Payload Market is estimated to reach USD 6.34 billion by 2022 due to increasing investment in research and development and technological innovations in Unmanned Aerial Vehicles. UAV payload is the external weight a drone carries, irrespective of its mass. The weight comprises anything attached to the drone like extra sensors and cameras. Apart from the sensors, payloads also include cargo that need to be transported like medicines, meals, parcels and heavy materials (fire extinguishers, etc.). UAVs like remote-controlled airplanes or helicopters are also gaining popularity for recreation& entertainment.

The driving factors for UAV payload market include rising need for mapping services and increased use of aerial imaging services in several industries across globe. Moreover, the acceptance of drone payload components like HD action cameras, thermal sensors, laser sensors, motion sensors, infrared sensors, CBRN sensors have increased substantially in recent years in the defense and military activities for electronic intelligence (Elint), (SIGINT) signal intelligence and surveillance. Drones are also widely being used for green mapping and crop management, which has propelled the demand for payloads in environment and agriculture sectors.

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Growing concerns like personal safety and fluctuations in aviation regulations in stipulated regions are hampering the growth of UAV payload industry. Besides, the market is expected to witness lucrative opportunities due to progressing market for location based facilities. UAV payload market is also strongly driven by increasing demand for UAVs (drones). This can be attributed to invention of newer technologies like next generation of unmanned combat devices and advancement of markets like consumer and civil drones. Despite technological advancements, UAV market is witnessing major challenges in terms of (SWaP) size, weight, and power. Hence, high performing components installed in UAVs, need hardware platform to overcome these challenges.

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UAV payload industry is categorized on the basis of components and geography. On the basis of components, the market is divided into radar & communications, weaponry, cameras & sensors, and others. Weaponry segment is predicted to grow considerably in the forecast period owing to rising adoption of UAVs in defense and military activities worldwide. Other payload devices are expected to experience steady growth rate in the coming years.

Geographically, UAV Payload market is segmented as North America, Europe, Asia Pacific and Middle East & Africa. North America (United States) spends heavily in UAV payload industry with significant expenditure for improving radar and communication abilities. Asia Pacific and Europe are also expected to dominate due to the rising investments in weaponry payloads and sensors & detection.

The prominent players in UAV payload industry comprise AeroVironment, Lockheed Martin, Northrop Grumman, L-3 WESCAM, Rheinmetall, Thales, SAAB, General Dynamics, FLIR Systems, BAE Systems, Elbit Systems, Denel Dynamics, General Atomics Aeronautical Systems, Inc.(GA-ASI), Israel Aerospace Industries (IAI), and AAI Corporation.