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Advancements in Greenhouse Technology in Protected Cultivation Industry
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Introduction
Innovations in greenhouse technology are revolutionizing the Protected Cultivation Industry, providing advanced solutions for efficient and sustainable crop production. This article delves into the latest trends in greenhouse technology, their impact on protected cultivation, and the opportunities they offer for growers and industry stakeholders.
Market Expansion in Greenhouse Technology
The greenhouse technology for Protected Cultivation Market has witnessed remarkable growth, reaching a market value of $18.5 billion in 2023. Projections indicate a robust Compound Annual Growth Rate CAGR of 10% - 12%, leading to an estimated market size of $30.2 - 35.8 billion by 2028. This growth is fueled by the increasing adoption of advanced greenhouse solutions, the demand for year-round crop production, and the emphasis on sustainable farming practices.
Advanced Climate Control Systems
Innovative climate control systems integrate smart sensors, automated ventilation, and climate monitoring tools to optimize crop growth conditions. These technologies enhance resource utilization, improve crop quality, and mitigate environmental risks, driving efficiency and productivity in protected cultivation.
Energy-Efficient Designs
Greenhouse manufacturers are integrating energy-efficient designs, including solar panels, energy-efficient glazing materials, and insulation systems, to reduce energy consumption and operational costs. These designs promote sustainability, minimize environmental footprint, and enhance overall crop production.
Vertical Farming Solutions
Vertical farming solutions harness hydroponics and aeroponics to maximize space utilization and crop density. These systems incorporate LED lighting, nutrient solutions, and controlled environments to optimize crop growth, increase productivity, and minimize environmental impact.
Market Opportunities and Challenges
Opportunities:
Resource Efficiency: Advanced greenhouse technology solutions optimize resource utilization, reduce water consumption, and minimize environmental impact, leading to increased efficiency and productivity.
Local Food Production: Greenhouse technology contributes to local food production, urban agriculture, and food security, providing fresh, nutritious produce to urban communities.
Innovation and Collaboration: The adoption of advanced greenhouse technologies fosters innovation, collaboration, and knowledge sharing within the industry, driving continuous improvement and industry growth.
Challenges:
Technological Integration: Implementing and managing advanced greenhouse technologies require specialized knowledge, training, and technical expertise, emphasizing the need for continuous education and skill development within the industry.
Regulatory Compliance: Adhering to environmental regulations, energy efficiency standards, and sustainability certifications can pose challenges for greenhouse manufacturers, necessitating compliance measures and industry best practices.
Market Competition: As the greenhouse technology market expands, competition among growers, suppliers, and technology providers intensifies, requiring differentiation strategies, value-added offerings, and continuous innovation to stay competitive in the market.
Conclusion
Innovations in greenhouse technology are driving enhanced Protected Cultivation practices, providing sustainable solutions for efficient crop production. By embracing advanced climate control systems, energy-efficient designs, and vertical farming solutions, growers and stakeholders can lead the way in sustainable agriculture practices and drive industry growth.
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marketreports2022 · 4 months
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Plant Support Clip Market Share, Size 2024-2033
Market Overview
The Plant Support Clip Market is witnessing robust growth attributed to increasing demand for efficient agricultural practices worldwide. These clips, designed to provide support to delicate plant stems, have become integral in modern farming methodologies. The market's expansion is fueled by a growing emphasis on maximizing crop yields while minimizing labor-intensive tasks. As sustainable agriculture gains traction, the adoption of plant support clips is poised to surge further.
Factors such as technological advancements in clip designs, coupled with rising awareness regarding their benefits, are amplifying market growth. Moreover, the trend towards vertical farming and greenhouse cultivation is augmenting the demand for these clips, as they offer stability and protection to plants in controlled environments. Overall, the Plant Support Clip Market presents promising prospects for stakeholders across the agricultural landscape.
Key Takeaways
Increasing adoption of plant support clips for enhancing crop yield.
Technological advancements driving innovation in clip designs.
Growing popularity of vertical farming and greenhouse cultivation.
Rising awareness about the benefits of using plant support clips.
Market expansion is propelled by the trend toward sustainable agriculture.
Emerging opportunities in untapped regions for market players.
Challenges related to standardization and quality control in clip manufacturing.
A competitive landscape characterized by product differentiation and strategic partnerships.
Click Here To Access Sample Pages Of This Report: https://market.biz/report/global-plant-support-clip-market-gm/#requestforsample
Regional Snapshot
In North America, the Plant Support Clip Market is flourishing, driven by the adoption of advanced farming techniques and the presence of established agricultural infrastructure. Europe follows suit, with stringent regulations promoting sustainable practices and boosting demand for plant support solutions. Meanwhile, the Asia-Pacific region showcases immense potential, fueled by the rapid modernization of agriculture and increasing investments in smart farming technologies.
Drivers
The growth of the Plant Support Clip Market can be attributed to several key drivers. Firstly, the escalating need to optimize agricultural productivity amidst limited arable land is propelling the adoption of these clips. Secondly, technological advancements in clip designs, such as adjustable and biodegradable variants, are enhancing their efficacy and appeal to farmers. Additionally, the rising trend of vertical farming and greenhouse cultivation necessitates the use of plant support clips to ensure proper plant growth and yield.
Restraints
Despite its growth trajectory, the Plant Support Clip Market faces certain restraints. One such challenge is the lack of standardized quality control measures across manufacturers, leading to inconsistencies in product performance and durability. Moreover, the upfront investment required for adopting advanced clip technologies may deter small-scale farmers from embracing these solutions, hindering market expansion to some extent.
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Opportunities
The Plant Support Clip Market offers promising opportunities for industry players. With increasing awareness about sustainable farming practices and the benefits of using plant support clips, there is a growing demand for innovative solutions in emerging markets. Moreover, the development of biodegradable and eco-friendly clip materials presents avenues for differentiation and market penetration, catering to environmentally conscious consumers.
Challenges
Despite its favorable outlook, the Plant Support Clip Market encounters certain challenges. Ensuring consistent product quality and performance across diverse environmental conditions remains a persistent challenge for manufacturers. Moreover, competition from alternative plant support methods, such as trellises and stakes, poses a threat to market growth. Additionally, fluctuations in raw material prices and supply chain disruptions can impact manufacturing costs and profitability.
Market Segmentation
By Type
Plastic Clip
Rubber Clip
Metal Clip
By Application
Crop Plant
Garden Plant
Key Players
Agrifast
ALL INTERMAS
Alweco Scherminstallaties
Araymond
Barre
Bato Plastics
BHS
Cetin Elektro Plastik
Gebhardt Stahl GmbH
Greenvass
Innovative Growers Equipment
Kokos Frymus i Zuckerman
Maryniaczyk
Pellikaan / Qlipr
Poppelmann GmbH
PRECIMET
Prenas Plastique
Simonetti Adomo
Soparco
Van Nifterik Holland
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Key Questions
1. What insights can we expect from the Plant Support Clip Market report? A. The report provides a comprehensive analysis of market trends, key players, growth drivers, challenges, and opportunities.
2. How will the report benefit agricultural stakeholders? A. It offers actionable insights to optimize farming practices, enhance crop yield, and make informed business decisions.
3. Does the report cover regional market dynamics? A. Yes, it includes a detailed analysis of regional trends, market size, and growth prospects.
4. Are there specific segments covered in the report? A. The report segments the market based on clip type, material, application, and region, providing in-depth insights into each category.
5. Does the report assess the competitive landscape and market strategies? A. Yes, it analyzes competitive dynamics, profiles key players, and evaluates their strategies to help readers stay ahead in the market.
6. Can the report be customized to specific research requirements? A. Yes, our custom research services cater to individual client needs, providing tailored analysis and strategic recommendations.
7. Is the data presented in the report reliable and up-to-date? A. Absolutely, the data is sourced from reputable sources and undergoes rigorous validation processes to ensure accuracy and relevance.
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themarketinsights · 7 months
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Sports Sponsorship Market Unidentified Segments – The Biggest Opportunity Of 2023
Latest released the research study on Global Sports Sponsorship Market, offers a detailed overview of the factors influencing the global business scope. Sports Sponsorship Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Sports Sponsorship The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Nike (United States), Pepsi (United States), Adidas (Germany), The Coca-Cola Company (United States), Rolex (United Kingdom), State Farm (United States), Castrol (United Kingdom), Puma (Germany), Samsung (South Korea), Red Bull (Austria),
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Sports Sponsorship Market Definition:
Sports sponsorship is an impactful and powerful marketing technique. It consists of the association between a sponsor company and a sponsee. The main goal of this partnership depends on the party of the equation. Sports sponsorship is beneficial for the sports and their players as well as sponsors.
Market Trend:
Need for the Players Comfort
Athletes focus more on the Training and Production of their Sports and Reduce Stress
Market Drivers:
Increasing Audience in Sports Matches
Rapidly growing Sports Events
Market Opportunities:
Growing Sports Industry over the Globe can create Opportunities for the Market Growth
The Global Sports Sponsorship Market segments and Market Data Break Down are illuminated below:
by Type (Individual Sponsorship, Team Sponsorship, Association Sponsorship, Event Sponsorship, Others), Application (Professional Sports, School Sports, International Sports, Others), End-Use Verticals (Individual Players, Sport Teams, Others), Offerings (Provides Access, Guarantees Engagement, Generates Exposure, Others)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Sports Sponsorship Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Sports Sponsorship market
Chapter 2: Exclusive Summary – the basic information of the Sports Sponsorship Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Sports Sponsorship
Chapter 4: Presenting the Sports Sponsorship Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Sports Sponsorship market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Sports Sponsorship Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Sports Sponsorship Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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lalsingh228-blog · 7 months
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5G Base Station Market Gaining Momentum with Positive External Factors
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Global 5G Base Station Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include, Ericsson (Sweden), Samsung (South Korea), Cisco (United States), ZTE (China), Nokia (Finland), Huawei (China). Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/102566-global-5g-base-station-market The global 5G Base Station market is expected to witness high demand in the forecasted period due to a rise in the number of IoT devices and adoption of edge computing, the surge in demand for content streaming services, and an increase in demand for low latency connectivity in industrial automation. A base station in the wireless world is a device that connects other wireless devices to a central hub. It is a wireless receiver and short-range transceiver that consists of an antenna and analog-to-digital converters (ADCs) to convert the RF signals into digital and back again. These new 5G network architectures incorporating massive MIMO antennas are pushing always-on connectivity to the outer edges of the cellular network. Market Drivers
High Demand due to Quality User Experience and Enhanced Connectivity
Increasing Need for High-Speed Internet for Integrating Advanced Technologies
Market Trend
Increasing Demand due to Improvement in Network Signal
Rising Demand from Smart Farming
Opportunities
Increasing Demand From Different Business Verticals
Growth of IoT Technology Would Offer New Opportunities for 5G Infrastructure
Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/102566-global-5g-base-station-market In this research study, the prime factors that are impelling the growth of the Global 5G Base Station market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers. The 5G Base Station market study is being classified by Type (Femtocell, Pico Cell, Micro Cell), Application (Smart Home, Autonomous Driving, Smart Cities, Industrial IoT, Smart Farming) The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global 5G Base Station market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market. Get Reasonable Discount on This Premium Report @ https://www.advancemarketanalytics.com/request-discount/102566-global-5g-base-station-market Extracts from Table of Contents 5G Base Station Market Research Report Chapter 1 5G Base Station Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Revenue (Value, Volume*) by Region Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type Chapter 7 Global Market Analysis by Application ………………….continued This report also analyzes the regulatory framework of the Global Markets 5G Base Station Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
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certainrebelarbiter · 8 months
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Power Electronics Market Share 2030
The global power electronics market size was valued at USD 52.70 billion in 2022. The market is projected to grow from USD 61.94 billion in 2023 to USD 153.30 billion by 2030, recording a CAGR of 13.8% during the forecast timeframe of 2023-2030.
The global market is estimated to grow at a notable pace as these devices are being extensively used in several sectors such as aerospace, automotive, defense, residential, healthcare, space, and industrial. Various power electronic conversion systems, such as AC to DC, DC to AC, DC to DC, and AC to AC, are used in many applications. However, the rising demand for consumer electronic gadgets, such as TVs, personal computers, and battery chargers, has boosted the installation of AC to DC converters. These factors will enhance the usage of power electronic devices.
LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT
Texas Instruments (U.S.)
Infineon Technologies (Germany)
On Semiconductor (U.S.)
Analog Devices Inc. (U.S.)
TDK (Japan)
Qualcomm (U.S.)
STMicroelectronics (Switzerland)
Murata Manufacturing (Japan)
Vishay Intertechnology (U.S.)
ROHM (Japan)
Browse For More Details:
COVID-19 Impact:
COVID-19 Slowed Installation of Power Electronic Devices Due to Hampered Supply Chain Network
The COVID-19 outbreak had a negative influence on the global market as there was a major shortage of raw materials to make semiconductors. This scenario created several roadblocks in the daily operations of the chip manufacturing sector, thereby causing chip shortages. This shortage decelerated the production of microwave devices, further decreasing the installation of power electronic gadgets.
Segments
High Demand for Portable Devices to Boost Usage of DC-to-DC Converters
Based on conversion, the market is divided into AC to AC, DC to DC, DC to AC, and AC to DC. The DC-to-DC segment is expected to hold a dominant position in the market due to the ever-expanding telecommunication sector.
Isolated Converters to Find Robust Use in Several Power Electronics Applications
By isolation, the market is bifurcated into isolated and non-isolated. The isolated segment held a dominant market share in 2022 as power electronic devices are being increasingly used in various applications such as factory automation, healthcare, building automation, aerospace, and automotive.
Power Control Operations Gain Traction for their Use in Aerospace, Automotive, and Energy Sectors
Based on operation, the market is segmented into power generation, power transmission, power distribution, and power control. The power control segment is projected to hold a dominant market share during the forecast period as it is being extensively used in several industry verticals such as aerospace, energy, and defense.
Installation of Power Electronic Devices in Renewable Energy Systems to Make Energy Sector a Major End-user
Based on end-user, the market is divided into automotive, consumer electronics, aerospace & defense, energy, and others. The energy segment is anticipated to capture a sizable market share as power electronic devices are gaining notable acceptance in several renewable energy systems, including wind farms and solar power plants.
In terms of region, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage:
The research report conducts an in-depth analysis of the market and highlights several key aspects such as material types, leading organizations, distribution channels, and end-uses of the product. The report also offers actionable insights into the major trends and competitive landscape of the market and underlines many major industry developments.
Drivers and Restraints:
High Focus on Fast Charging Stations and EVs to Accelerate the Market Growth
Power electronics are finding widespread usage in EVs as these vehicles need high power electric energy to rotate electric motors. Power components, such as MOSFETS and IGBT, are used as power electronic switches in power train systems. These components can help reduce the overall size of these powertrains. Such advantages are predicted to positively impact the market outlook during the forecast period.
Expensive and Tedious Integration Process to Dampen the Power Electronics Industry Progress
Many leading organizations in the market are focusing on improving their integrated circuits in a single chip, which can result in the creation of complex designs. Furthermore, the process of integrating such technologies can become quite arduous and requires high investments. Integration of all the systems on a single chip increases complexity. The system also raises the need for decreasing the overall energy consumption, making it unsuitable for power-intensive applications. Such factors are expected to restrain the power electronics market growth during the analysis period.
Regional Insights:
North America to Boost its R&D Investment in Semiconductor Manufacturing
North America dominated the global power electronics market share and was valued at USD 11.43 billion in 2022 as the region started noticing strong growth in R&D spending to produce high-tech semiconductors. As per the Semiconductor Industry Association (SIA) report, in 2022, the American semiconductor sector was focused on increasing its investments to meet the long-term demand for chips. The total expenditure was estimated to be around USD 166 billion during the year.
Europe holds the second-largest market share as key players across the region are boosting their investments to improve technologies used to make power electronic devices.
Competitive Landscape:
Key Organizations to Deploy Innovative Technologies to Improve Processing Capacity
Leading organizations, such as Infineon Technologies, Texas Instruments, ROHM, and STMicroelectronics, are some of the top players in the global market. These companies are making advanced integrated circuits and using wide bandgap semiconductor materials, such as GaN and Sic, to enhance the efficacy and performance of power electronic devices. For example, in February 2022, Kubos Semiconductors Ltd. introduced the first commercial compact LED based on the cubic crystal phase of GaN.
Key Industry Development:
June 2021 – GE Electric announced plans to increase its solar and storage power electronics capacity by three times in 2022 to 9 GW every year. This capacity expansion was due to a strong rise in demand and increased backlog.
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1-2-3-4-4498-0 · 8 months
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Powering Industry: Gear Motors Market Trends
A Gear Motors Market consists of a set of speed gears known as gear motor. A gear motor consists of a combination of motor and a reduction gear. These gear motors can be used in any direction such as horizontal, vertical, or tilted. They are used in numerous applications, including home electrical appliances and dryers’ machines. In the agriculture industry, farmers use gear motors for weed control, harvesting, seed spreading, irrigation, and others. Furthermore, the associated types of gear motors include worm gear motor, bevel gear motor, helical gear motor, and shaft mounted gear motor. These motors run on alternating current and direct current.
COVID-19 impact:
Gear motor has witnessed massive drop in demand due to high amount of electricity bills, service taxes, and financial crisis across the world.
Almost all market players manufacturing geared motors has been hit really hard as they are dealing with situations such as shrinking demand, falling prices, and shortage of raw materials.
Gear motors have huge demand in the agriculture industry. Farmers are not able to spend much amount on gear motors due to financial crisis experienced during the COVID-19 outbreak. Therefore, they are shifting toward traditional methods of irrigation and other activities as well.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Gear motor is easy to use kind of electrical appliances. The geared motor industry is nowadays heading toward wind power materials, food & beverages, and power generation industries due to huge investments in this sector. Increase in the number of farming projects, which require high amount of efficiency is expected to drive the gear motors market. The market is majorly driven by the agriculture industry; however, farmers pose huge challenges for the market to grow. Moreover, high initial cost and after-sales services are few factors that hinder the growth of the gear motor market.
Key benefits of the report:
This study presents the analytical depiction of the gear motors market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the gear motors market share.
The current market is quantitatively analyzed to highlight the gear motors market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the gear motors market research report:
Which are the leading market players active in the market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities of the market?
What are the projections for the future that would help in taking further strategic steps?
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shambooget · 10 months
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Industrial Gearbox and Gear Motors In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
Gear Motors Market Outlook — 2027
A motor consists of a set of speed gears known as gear motor. A gear motor consists of a combination of motor and a reduction gear. These gear motors can be used in any direction such as horizontal, vertical, or tilted. They are used in numerous applications, including home electrical appliances and dryers’ machines. In the agriculture industry, farmers use gear motors for weed control, harvesting, seed spreading, irrigation, and others. Furthermore, the associated types of gear motors include worm gear motor, bevel gear motor, helical gear motor, and shaft mounted gear motor. These motors run on alternating current and direct current.
COVID-19 impact:
Gear motor has witnessed massive drop in demand due to high amount of electricity bills, service taxes, and financial crisis across the world.
Almost all market players manufacturing geared motors has been hit really hard as they are dealing with situations such as shrinking demand, falling prices, and shortage of raw materials.
Gear motors have huge demand in the agriculture industry. Farmers are not able to spend much amount on gear motors due to financial crisis experienced during the COVID-19 outbreak. Therefore, they are shifting toward traditional methods of irrigation and other activities as well.
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Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Gear motor is easy to use kind of electrical appliances. The geared motor industry is nowadays heading toward wind power materials, food & beverages, and power generation industries due to huge investments in this sector. Increase in the number of farming projects, which require high amount of efficiency is expected to drive the gear motors market. The market is majorly driven by the agriculture industry; however, farmers pose huge challenges for the market to grow. Moreover, high initial cost and after-sales services are few factors that hinder the growth of the gear motor market.
Key benefits of the report:
This study presents the analytical depiction of the gear motors market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the gear motors market share.
The current market is quantitatively analyzed to highlight the gear motors market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Full Report With TOC:-https://www.alliedmarketresearch.com/gear-motors-market-A07612
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delvenservices · 11 months
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Hydroponics Market Competitive Landscape: 2028
Hydroponics Market by Type (Aggregate Systems, Liquid Systems), Crop Type (Vegetables, Fruits, Flowers), Equipment (HVAC, LED Grow Lights, Irrigation Systems, Material Handling Equipment, Control Systems), Input Type, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The hydroponics market was valued at USD 9.5 billion in 2020; it is projected to grow at a CAGR of 12.3% to reach USD 17.9 billion by 2026.
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Hydroponic farming is a method of growing plants without soil, where the soil is replaced by a mineral solution inserted around the plant roots. Herein, the plant roots are submerged under the chemical solution and checked periodically to ensure that appropriate chemical composition is maintained for growth. As such, the hydroponics method removes the risk of diseases that are caused by soil organisms. Additionally, the hydroponically grown plants produce a higher yield than similar plants grown in soil because of proper control over the nutrients.
The pressure on the agriculture industry to meet the growing demand for grains and food leads to the search for high-yielding farming techniques, such as precision farming and urban farming are some of the factors that have supported long-term expansion for Hydroponics Market.
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Regional Analysis
The increasing adoption of hydroponics and vertical farming systems in the European, accounted for the highest market share in the region.
Insights are provided for each region and major countries within the regions
Competitive Landscape
Key Players
AeroFarms
AmHydro
Argus Control Systems Ltd.
Emirates Hydroponics Farms
Freight Farms
Green Sense Farms Holdings, Inc.
Heliospectra AB
LumiGrow
Signify Holding
Terra Tech Corp
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Recent Developments
In May 2020, InFarm recently started its new outlet in Netherlands at Nijmegen. The facility will build at various locations such as supermarkets, restaurants and distribution centers so that vegetables are grown and harvested at areas close to point of purchase.
In April 2020, Scotts Miracle moved its operations of Temecula, California manufacturing plant to produce face shields, due to shortage of personal protective equipment’s so as to contribute to the fight against Covid-19 outbreak.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Hydroponics Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Report Scope
Hydroponics Market is segmented into type, equipment, input, crop type and region.
On the basis of Type
Aggregate systems
Liquid systems                                          
On the basis of Equipment  
HVAC
LED Grow Lights
Irrigation Systems
Material Handling
Control Systems
On the basis of Input
Nutrients
rockwool
On the basis of Crop Type
Vegetables
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
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coltermartinez · 1 year
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Renewable Drones Market Analysis, Statistics By Top Manufacturers 2023 to 2035
Research Nester published a report titled “Renewable Drones Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global renewable drone’s market in terms of market segmentation by drone type, solution, end user, and by region. 
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global renewable drones market is estimated to occupy a large revenue by growing at a CAGR of ~23% during the forecast period, i.e., 2023 – 2035, owing to the escalating adoption of drones for reducing cost of inspection operation, and growing demand for clean energy applications in drone technology. Apart from these, rising establishment of solar and wind energy power plants is also expected to drive market growth in the coming years.
The global renewable drone’s market is segmented by drone type, solution and end user. Based on drone type, the multirotor segment is anticipated to grab the largest market share during the forecast period on the back of the ability of these drones to perform vertical takeoffs and landings. Additionally, by end user, the solar segment is projected to grab the largest share over the forecast period ascribing to the growing demand for renewable drones for solar farm maintenance and inspection.
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Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America region is evaluated to grab the largest share in the market during the forecast period attributing to the increasing demand for renewable drones from various end user industries in the region. Moreover, the market in Asia Pacific region is assessed to grow by the highest rate in the future owing to the rising urbanization, and growing investments in renewable energy generation.
The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Rising Demand for Clean Energy Applications Worldwide to Drive Market Growth
As a result of growing emphasis on the impact of global warming on climate change, there has been a hike in demand for clean energy generation all across the globe. This has also given rise to the growing construction of solar and wind energy farms that require continuous inspection and maintenance, which in turn is estimated to boost the demand for renewable drones in the future. 
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, shortage of skilled professionals is expected to operate as key restraint to the growth of the global renewable drones market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global renewable drones market which includes company profiling of Terra Drone Corporation, Aerodyne Systems Sdn. Bhd., DroneDeploy, Inc., SZ DJI Technology Co., Ltd., DRONE VOLT Group, Parrot Group, Nano Net Technologies Inc., SkySpecs, Inc., FORCE Technology Sweden AB, Cyberhawk Inc, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global renewable drones market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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rohittriton · 1 year
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Smart Agriculture Market: Key Trends, Insights 2022-2028
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The agriculture industry is constantly losing its workforce due to the rise in urbanization, increased migration of local laborers, and lower farm revenue. These factors have led farmers to look for new solutions. Smart farming has gained momentum with automation in activities using technologies such as the IoT, big data & analytics, artificial intelligence and machine learning. The global smart agriculture market is anticipated to surge at a CAGR of 10.35% over the forecast period 2022-2028.
With a boom in population, food demand is anticipated to rise incrementally by 2050. There will be immense pressure on farmers to increase crop production and yield. This can only be achieved by increasing the land to grow crops or opting for new techniques, such as precision and vertical farming. The use of technologies, such as LED indoor farming, to create nature-like conditions will help farmers to match the expected demand for food supply in the future.
Digitalization – Key Driver
According to our reports, based on the type segment, precision farming currently holds the largest share of over 42.04% and is anticipated to maintain its stronghold throughout the forecast period.
Precision farming is experiencing a rapid transformation from a service and product perspective. The emergence of smart sensors, robotic automation, sophisticated biologicals, digital data, and many big incumbents are a few technological advancements that are ushering a new era in agriculture. The integration of technology in precision farming equipment is anticipated to drive the studied market’s growth.
Irrigation products have been a major contributor to the precision farming market. With the growing need for appropriate agricultural equipment, variable rate application (VRA) products are expected to propagate the studied market in the next five years.
Globally, the Asia-Pacific smart agriculture market is projected to be the fastest-growing region during the forecast period 2022-2028. The region presents immense scope for development, owing to the increasing urban population size, growing penetration of the internet in farm management, and favorable government investments. Moreover, the presence of economically advancing countries such as India and China is expected to create avenues for precision agriculture in the region.
Automation Trends
A shift in the global aging demographic has prompted the adoption of automation in farming practices.
Automation and control system manufacturers have seen a significant increase in sales due to this profound change in the farming industry.
Over the last 5 years, agricultural robots have been deployed for the purpose of crop management. These robots selectively treat soil and crops based on their needs, thereby reducing manual labor. Out of all the robots used in smart farming, UAVs/drones generated the most revenue.
 
Companies to Watch in the Market
In recent years, partnership and collaboration have been key strategies for expansion in the smart agriculture farming market. With the increasing growth in the global market, companies in this industry have incorporated collaborative strategies with other agricultural OEMs to remain competitive.
Some of them are as follows:
In May 2022, AGCO Corp acquired JCA Industries Inc (a leading autonomous software provider of agricultural-related products) to enhance the company’s automation system portfolio.
In June 2021, AgJunction Inc collaborated with Robert Bosch LLC to join the NEVONEX partner network. The partnership integrated NEVONEX into AgJunction’s hardware modules. The collaboration also enabled AgJunction Inc to provide its customers with a wider range of automated processes.
In February 2021, DroneDeploy collaborated with Corteva Agriscience, a leading manufacturer and supplier of agricultural seeds and chemicals, to design, develop, and provide advanced artificial intelligence and machine learning platforms to farmers to improve productivity.
In January 2021, Farmers Edge Inc collaborated with Google Cloud to promote the company’s services and boost its program’s implementation of artificial intelligence, machine learning, and predictive analysis.
Conclusion
Technological advancements and their incorporation into farming activities have benefited the agricultural sector. Out of all the equipment, such as sensors and robots, drones are anticipated to revolutionize the sector, as companies and farmers are eager to incorporate them into their business models. According to the Association for Unmanned Vehicles Systems International (AUVSI), around 80% of commercial drones will eventually be used for agriculture. The data collected from drones help farmers to improve the yield and provide water, fertilizer, and chemical pesticides to the crops when needed. It also helps to monitor crop health while checking for signs of diseases. Thus, the increasing benefits of automation and the use of drones in agriculture are anticipated to create new avenues for the smart agriculture market.
FAQ:
Q 1) What are the revenue estimations for the global smart agriculture market?
The global smart agriculture market was valued at $12.52 billion in 2021 and is expected to reach $24.88 billion by 2028.
Q2) Which segments are covered under the smart agriculture market?
Type and component are the segments covered in the smart agriculture market.
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sanemyamen · 1 year
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Enterprise A2P SMS Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis
Latest Report Available at Advance Market Analytics, “Enterprise A2P SMS” Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. The global Enterprise A2P SMS market focuses on encompassing major statistical evidence for the Enterprise A2P SMS industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Enterprise A2P SMS study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked. Some Infobip Limited (United Kingdom),OpenMarket Inc. (United States),AMD Telecom S.A. (Greece),Syniverse Holdings Inc. (United States),FortyTwo Telecom AB (Malta),Twilio Inc. (United States),Mblox Inc. (United States),CLX Communications AB. (Sweden),Tanla Solutions (India) in the Global Enterprise A2P SMS Market are Infobip Limited (United Kingdom),OpenMarket Inc. (United States),AMD Telecom S.A. (Greece),Syniverse Holdings Inc. (United States),FortyTwo Telecom AB (Malta),Twilio Inc. (United States),Mblox Inc. (United States),CLX Communications AB. (Sweden),Tanla Solutions (India)
The global Enterprise A2P SMS market is expected to witness high demand in the forecasted period due to the growing focus on enhancing consumer interaction. The process of sending mobile messages from an application to a mobile user. A2P SMS messaging is also called enterprise or professional SMS. SMS stands as a discreet technique for reaching people using basic mobile handsets without the use of additional access to data services. The penetration of mobile phones in emerging economies such as Latin America, Asia Pacific, Africa, and the Middle East is expected to grow at a rapid pace in the near future. The adoption of A2P SMS is expected to garner significant traction during the forecast period, as more number of business entities across different domains, including tourism, healthcare, and banking are largely in favor of using A2P SMS as a default channel for marketing communications, employee engagement, and circulating notifications, alert, and reminders.What's Trending in Market: Integration of numerous technologies via hybrid cloud-based messaging platforms
Implementation of SMS Firewall
Challenges: The emergence of SIM farms that are responsible for illegitimate activities
Market Growth Drivers: The rising number of mobile subscriber base around the world
Growing focus on enhancing consumer interaction The Global Enterprise A2P SMS Market segments and Market Data Break Down by Application (Pushed Content Services, Interactive Services, Promotional Campaigns, Customer relationship management (CRM) services (Two-factor authentication (includes OTP), Others (includes product shipment SMS and others)), Others (Inquiry and search-related services)), Traffic (National, Multi-country), Tools (Cloud API Messaging Platform, Traditional and Managed Messaging Services), Verticals (Financial institutions and Banking, Gaming, Travel and Transport, Health and Hospitality, Retail, Others)
Presented By
AMA Research & Media LLP
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Exploring the Protected Cultivation Market: Revenue, Trends, and Key Players
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Introduction
Protected cultivation, also known as controlled environment agriculture, is a method of cultivating crops in a sheltered environment to optimize growth conditions and protect plants from adverse weather and pest damage. This article provides an in-depth analysis of the protected cultivation market, including its outlook, revenue, growth, size, trends, market share, and major players.
Protected Cultivation Market Outlook
The Protected Cultivation Market is witnessing a positive outlook due to increasing demand for fresh produce, changing climatic conditions, and advancements in agricultural technology. Market analysts project steady growth in the coming years, driven by the adoption of protected cultivation methods across various regions.
Protected Cultivation Market Revenue
In recent years, the revenue generated from the protected cultivation market has been on the rise. With the growing popularity of greenhouse farming and other protected cultivation techniques, the market revenue is expected to continue its upward trajectory, reaching new heights by the end of the forecast period. In 2020, the global protected cultivation market revenue stood at approximately USD 36.5 billion, and it is projected to reach USD 57.2 billion by 2025, reflecting a compound annual growth rate (CAGR) of 9.4%.
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Protected Cultivation Market Growth
The protected cultivation market is experiencing significant growth, fueled by factors such as rising population, urbanization, and the need for sustainable agriculture practices. Innovative technologies, such as hydroponics and vertical farming, are contributing to the market's expansion by enabling year-round crop production in controlled environments.
Protected Cultivation Market Size
As the adoption of protected cultivation methods increases, the market size is also expanding. With a diverse range of applications in horticulture, floriculture, and specialty crop production, the protected cultivation market encompasses a wide variety of structures and systems tailored to different crop requirements. The global protected cultivation market was valued at USD 28.5 billion in 2020, and it is expected to reach USD 52.3 billion by 2027, growing at a CAGR of 8.7% during the forecast period.
Protected Cultivation Market Trends
Several trends are shaping the landscape of the protected cultivation market, including:
Vertical Farming: The trend towards vertical farming, where crops are grown in vertically stacked layers, is gaining momentum, especially in urban areas with limited space. Vertical farms utilize advanced technologies like hydroponics and LED lighting to maximize productivity in compact spaces.
Sustainable Practices: There is a growing emphasis on sustainability in protected cultivation, with farmers adopting eco-friendly practices such as integrated pest management (IPM), organic farming, and renewable energy use. Consumers are increasingly demanding produce grown using sustainable methods, driving the adoption of environmentally friendly techniques.
Automation and Robotics: Automation and robotics play a crucial role in enhancing efficiency and productivity in protected cultivation. Automated systems for irrigation, nutrient delivery, and harvesting streamline operations, reduce labor costs, and improve crop quality and yield.
Protected Cultivation Market Share
Several companies dominate the Protected Cultivation Market, holding significant market shares. Key players include greenhouse manufacturers, technology providers, and agricultural input suppliers who offer a range of products and services tailored to the needs of protected cultivation growers. The top five players in the global protected cultivation market accounted for over 45% of the market share in 2020.
Protected Cultivation Market Major Players
Leading companies in the protected cultivation market include:
Priva Holding BV
Richel Group
Certhon
Hoogendoorn Growth Management
Argus Control Systems Ltd.
Agra Tech, Inc.
Rough Brothers, Inc.
Heliospectra AB
Conclusion
The protected cultivation market presents significant opportunities for growth and innovation. With increasing awareness of food security and sustainability, coupled with advancements in technology, the adoption of protected cultivation methods is expected to continue expanding, revolutionizing the way we grow and consume fresh produce.
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marketing123456789 · 1 year
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Tilapia Protein Market Volume Analysis, Size, Share and Key Trends 2033
Tilapia is a widely grown fish in the global market and is considered a sustainable source of seafood. Key players in the global Tilapia protein market are anticipated to gain from the increasing demand for tilapia especially in emerging markets. Manufacturers in China and Egypt are anticipated to gain ground, as these countries have established infrastructure backed by a dedicated consumer base.
The tilapia market is estimated to be worth USD 13.9 billion in 2023 and to grow to USD 21.6 billion by 2033, with a CAGR of 4.5%.
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Production of Nile Tilapia is primarily witnessed in MEA, Asia Pacific, and Latin American countries. However, North America led by the United States is also upgrading its production capacity through investments in aquaculture projects. Food industry will remain a chief end user accounting for over 40% sales registered in the market.
Key Takeaways from the Tilapia Market Study
South and East Asian countries led by China are expected to lead the tilapia market, with value market share of 42.1% and 33.0% respectively.
The United States is anticipated to account for over 95% of sales in North America over the forecast period due to increasing consumption of packaged and processed tilapia products.
The U.K. will emerge as a highly lucrative market, exhibiting over 7% y-o-y growth in 2021
Germany and France will exhibit considerably high demand for Tilapia, emerging as lucrative markets within Europe
“Manufacturers are developing advanced production and harvesting technologies to enhance the quantity and quality standards of tilapia production. These novel technologies are also expected to reduce the incidence of disease in tilapia farms, which will positively influence operations and sales in the foreseeable future,” says an FMI analyst.
Tilapia Establishing its Presence in Retail Space
The application of Tilapia Protein in the food industry is expected to remain considerably higher than others (pharmaceutical, animal feed). Emerging markets for tilapia such as United States, and India, are witnessing a rising demand of frozen, ready-to-eat tilapia products. Gradually and progressively tilapia and its products are gaining a notable presence in retail shelfs even in relatively remote regions due to its availability and ability to thrive in harsh and varied environmental conditions.
Polyculture for Tilapia Farming Boosting Production
Efforts towards sustainability in tilapia farming, has pushed manufacturers to adopt polyculture, enhancing productivity in return. Manufacturers are analyzing polyculture of tilapia among other fishes such as catfish, prawns, and some predatory species such as largemouth bass to reduce tilapia overbreeding. Different species for polyculture influences quality as well as production quantity.
Who is winning?
Some of the leading players operating in the Tilapia market are Baiyang Aquatic Group, Blue Ridge Aquaculture, Inc., A.O.Kingdom International Co., Ltd, Nova Sea Foods, Hainan Sky-Blue Ocean Foods Co, Hainan Xiangtai Fishery Co, Guangdong Evergreen Conglomerate Co., Ltd., Hebei Zhongjie Tilapia Breeding Co. Ltd, Amyco Group Limited., Regal Springs, and other players.
Key players of Tilapia are striving to consistently develop novel aquaculture techniques and vertical integration. Tilapia Protein manufacturers such as Baiyang Aquatic Group has achieved vertical integration in the supply chain of tilapia by establishing fish feed unit, and tilapia processing unit. Tilapia processing unit utilizes all the waste generated in the filleting procedure and uses it for the production of various products such as pharmaceuticals, cosmetics, and other products.
In November 2020, Blue Ridge Aquaculture (BRA) invested US$ 2.5 Mn in a nursery facility to support existing as well as increasing farming activities.
Government of Singapore is envisioning elimination of export for food, thus manufacturers of tilapia in the country has huge opportunity to grow as the government is providing all the essentials at a minimal cost.
Get Valuable Insights into Tilapia Market
Tilapia Market by Category
Source
Organic Tilapia
Conventional Tilapia
Species
Nile Tilapia (OREOCHROMIS NILOTICUS)
Blue Tilapia (OREOCHROMIS AUREUS)
Mozambique Tilapia (OREOCHROMIS MOSSAMBICUS)
Wami Tilapia (OREOCHROMIS UROLEPIS HORNORIUM)
Form
Fresh Tilapia
Whole Tilapia
Fillet Tilapia
Processed Tilapia
Canned Tilapia
Frozen Tilapia
Whole Fillet Tilapia
By Sales Channel
Direct Sales
Retail Sales
Modern Trade
Convenience Stores
Specialty Food Stores
Wholesale Stores
Discount Stores
Online Retail
Other Retail Stores
By Application
Food Industry
Pharmaceutical Industry
Animal Feed
Pet Food
Food Service
Retail
Region
North America
Latin America
Europe
Asia Pacific
Oceania
Japan
Middle East and Africa (MEA)
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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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certainrebelarbiter · 9 months
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Power Electronics Market Share, Industry Trends 2030
The global power electronics market size was valued at USD 52.70 billion in 2022. The market is projected to grow from USD 61.94 billion in 2023 to USD 153.30 billion by 2030, recording a CAGR of 13.8% during the forecast timeframe of 2023-2030.
The global market is estimated to grow at a notable pace as these devices are being extensively used in several sectors such as aerospace, automotive, defense, residential, healthcare, space, and industrial. Various power electronic conversion systems, such as AC to DC, DC to AC, DC to DC, and AC to AC, are used in many applications. However, the rising demand for consumer electronic gadgets, such as TVs, personal computers, and battery chargers, has boosted the installation of AC to DC converters. These factors will enhance the usage of power electronic devices.
LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT
Texas Instruments (U.S.)
Infineon Technologies (Germany)
On Semiconductor (U.S.)
Analog Devices Inc. (U.S.)
TDK (Japan)
Qualcomm (U.S.)
STMicroelectronics (Switzerland)
Murata Manufacturing (Japan)
Vishay Intertechnology (U.S.)
ROHM (Japan)
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COVID-19 Impact:
COVID-19 Slowed Installation of Power Electronic Devices Due to Hampered Supply Chain Network
The COVID-19 outbreak had a negative influence on the global market as there was a major shortage of raw materials to make semiconductors. This scenario created several roadblocks in the daily operations of the chip manufacturing sector, thereby causing chip shortages. This shortage decelerated the production of microwave devices, further decreasing the installation of power electronic gadgets.
Segments
High Demand for Portable Devices to Boost Usage of DC-to-DC Converters
Based on conversion, the market is divided into AC to AC, DC to DC, DC to AC, and AC to DC. The DC-to-DC segment is expected to hold a dominant position in the market due to the ever-expanding telecommunication sector.
Isolated Converters to Find Robust Use in Several Power Electronics Applications
By isolation, the market is bifurcated into isolated and non-isolated. The isolated segment held a dominant market share in 2022 as power electronic devices are being increasingly used in various applications such as factory automation, healthcare, building automation, aerospace, and automotive.
Power Control Operations Gain Traction for their Use in Aerospace, Automotive, and Energy Sectors
Based on operation, the market is segmented into power generation, power transmission, power distribution, and power control. The power control segment is projected to hold a dominant market share during the forecast period as it is being extensively used in several industry verticals such as aerospace, energy, and defense.
Installation of Power Electronic Devices in Renewable Energy Systems to Make Energy Sector a Major End-user
Based on end-user, the market is divided into automotive, consumer electronics, aerospace & defense, energy, and others. The energy segment is anticipated to capture a sizable market share as power electronic devices are gaining notable acceptance in several renewable energy systems, including wind farms and solar power plants.
In terms of region, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage:
The research report conducts an in-depth analysis of the market and highlights several key aspects such as material types, leading organizations, distribution channels, and end-uses of the product. The report also offers actionable insights into the major trends and competitive landscape of the market and underlines many major industry developments.
Drivers and Restraints:
High Focus on Fast Charging Stations and EVs to Accelerate the Market Growth
Power electronics are finding widespread usage in EVs as these vehicles need high power electric energy to rotate electric motors. Power components, such as MOSFETS and IGBT, are used as power electronic switches in power train systems. These components can help reduce the overall size of these powertrains. Such advantages are predicted to positively impact the market outlook during the forecast period.
Expensive and Tedious Integration Process to Dampen the Power Electronics Industry Progress
Many leading organizations in the market are focusing on improving their integrated circuits in a single chip, which can result in the creation of complex designs. Furthermore, the process of integrating such technologies can become quite arduous and requires high investments. Integration of all the systems on a single chip increases complexity. The system also raises the need for decreasing the overall energy consumption, making it unsuitable for power-intensive applications. Such factors are expected to restrain the power electronics market growth during the analysis period.
Regional Insights:
North America to Boost its R&D Investment in Semiconductor Manufacturing
North America dominated the global power electronics market share and was valued at USD 11.43 billion in 2022 as the region started noticing strong growth in R&D spending to produce high-tech semiconductors. As per the Semiconductor Industry Association (SIA) report, in 2022, the American semiconductor sector was focused on increasing its investments to meet the long-term demand for chips. The total expenditure was estimated to be around USD 166 billion during the year.
Europe holds the second-largest market share as key players across the region are boosting their investments to improve technologies used to make power electronic devices.
Competitive Landscape:
Key Organizations to Deploy Innovative Technologies to Improve Processing Capacity
Leading organizations, such as Infineon Technologies, Texas Instruments, ROHM, and STMicroelectronics, are some of the top players in the global market. These companies are making advanced integrated circuits and using wide bandgap semiconductor materials, such as GaN and Sic, to enhance the efficacy and performance of power electronic devices. For example, in February 2022, Kubos Semiconductors Ltd. introduced the first commercial compact LED based on the cubic crystal phase of GaN.
Key Industry Development:
June 2021 – GE Electric announced plans to increase its solar and storage power electronics capacity by three times in 2022 to 9 GW every year. This capacity expansion was due to a strong rise in demand and increased backlog.
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abhigmi · 1 year
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Oil-free Air Compressor Market Trends, Segmentation and Registering a Strong Growth by 2032
Global oil-free air compressor market size is projected to witness an upsurge over 2023-2032, on account of the strong focus on factory automation through the adoption of robotics.
With the introduction of strict regulations, rising complexity, and component shortages, industrial manufacturers have shifted their interest to modernization, boosting smart factory development. Pneumatic actuators and other industrial devices, which use compressed air to power motion, are considered critical in factory applications such as robotics. These factors are likely to escalate the demand for oil-free air compressors for robotics applications in smart factories.
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Furthermore, manufacturers are relying on automated solutions for use in product assembly and daily maintenance operations. Citing an instance, a machinery manufacturer, Atlas Copco, collaborated with KUKA, an industrial robot supplier, to automate the labor-intensive manual assembling of air compressors. Due to the acceleration of factory automation, oil-free air compressor production is anticipated to rise over the estimated timeline.
The oil-free air compressor market is bifurcated based on product, power, technology, application, and regional landscape.
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The market share from the portable product segment is slated to register sizeable growth by 2032, owing to the resiliency of the agricultural sector in the wake of the COVID-19 pandemic.
As per data from the Research Institute of Organic Agriculture, in 2020, the area devoted to organic farming in Europe involved 17.1 million hectares. These agricultural trends are expected to proliferate the use of portable oil-free air compressors for crop spraying and equipment operation applications.
In terms of power, the industry value from the above 160 kW segment is poised to exhibit over 5% CAGR through 2032. This is a result of the increasing availability of certified fixed and regulated speed oil-free screw compressors of high capacity for manufacturing applications. However, its limited use may create a hindrance to industry development to some extent.
Oil-free air compressor market size from the rotary technology segment is projected to rise over the estimated timeline, given the introduction of rotary compressors that meet stringent hygienic standards. High efficiency, low-temperature operation, and low-temperature loss are also among the benefits contributing to product consumption.
The increased requirement for compressed air to address strict regulations in food and beverage, chemical, and other industry verticals is expected to drive oil-free rotary air compressor industry growth over the forecast period.
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Based on the application, the industry value from home appliances applications is anticipated to reach more than USD 10 billion by 2032. The mounting disposable incomes, population growth, and economic development in regions such as Asia are among the key factors promoting the adoption of air compressors in home appliance manufacturing.
Latin American oil-free air compressor market is set to depict over 4% CAGR through 2032. The easy availability of raw materials, cost-effective labor, and the abundance of land resources are contributing to the progress of the regional manufacturing sector. As a result, the use of industrial manufacturing air compressors is expected to rise across the LATAM region.
Table of Contents (ToC) of the report:
Chapter 1    Methodology & Scope
1.1    Methodology
1.2    Market definitions
1.3    Market estimation & forecast parameters
1.4    Data sources
1.4.1    Primary
1.4.2    Secondary
1.4.2.1   Paid Sources
1.4.2.2   Public Sources
Chapter 2    Executive Summary
2.1    Oil-free Air Compressor industry 3600 synopsis, 2018 – 2032
2.1.1    Business trends
2.1.2    Packaging type trends
2.1.3    Material trends
2.1.4    Regional trends
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/oil-free-air-compressor-market
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vrushali456 · 1 year
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Vertical Farming Market Tracking Report Analysis 2023-2031 
The global Vertical Farming Market size was estimated at USD 5.95 billion in 2022 and is expected to reach USD 30.15 billion in 2031. An old warehouse, a skyscraper, or a shipping container are just a few examples of places where vertical farming is practiced. Organic foods are thought to be more wholesome, safe, and environmentally friendly than conventional foods. Consumer food purchasing habits are a significant element influencing the demand for organic food, and producers, governments, and suppliers must take this into account to successfully implement marketing tactics.
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Top key players:
Ag Leader Technology (US),
Monsanto Company (Mexico),
Deere & Company (US),
CropMetrics LLC (Netherlands),
Trimble Navigation Limited (Australia),
CropX (US),
AgSmarts Inc (India),
AgSense, LLC (India),
AGCO Corporation (Austria),
DICKEY-john (U.K.),
Farmers Edge (US),
Market Growth
The preference of customers for organic products, a decline in the amount of arable land, and an increase in the demand for high-quality land are the main drivers of the worldwide vertical farming market. The forecasted rise of the worldwide vertical farming market would be further fueled by the increased crop production brought on by the rising population, consumers' growing health concerns, and rising urbanization. The use of much less water decreased exposure to pesticides and diseases, and the ability to produce more with less land under cultivation and immunity to weather are just a few of the amazing advantages that vertical farming offers
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Market segmentation:
Vertical Farming Market Size, Share & Trends Analysis Report By Offering, By Growing Mechanism, By Fruits, Vegetables & Herbs, By Structure (Shipping Container, Building-based), By Region, And Segment Forecasts, 2023 – 2031
Market Opportunities
The popularity of organic food products is rising as people's awareness of their health increases. Farmers all around the nation are switching to organic farming, as a result, improving the outlook for the market. A variety of projects are also being launched by the government to strengthen the nation's current agricultural infrastructure. In order to boost exports, it is also giving farmers financial aid for selling and shipping agricultural products.
Growing Mechanism Insight
Due to the significant usage of the aeroponics growth mechanism in vertical farming and its capacity for extensive planting, which is not offered by the other growth mechanisms, the aeroponics segment is anticipated to develop at a higher CAGR over the projected period. This method's low susceptibility to pests and diseases and friendliness to the environment also contribute to the market growth of this niche.
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