Market Research Blog – Page 10857 – New Product Development

Refrigeration Monitoring Market Scope of Current and Future Analysis Report to 2029

Refrigeration Monitoring Market: Refrigeration Monitoring Analysis, Regional Outlook, Market Revenue, Competitor Analysis, and Industrial Growth by Future Market Insights. automatically monitor the temperature in the refrigeration systems and generates real-time alerts for any temperature fluctuations. The systems are made up of advanced IoT sensors technologies to provide facilities like humidity sensing, motion detection, water detection, wireless temperature control, real-time alerts and etc.

Refrigeration is the process of freezing or removing heat from an enclosed space or from a substance for the purpose of lowering the temperature. This can be achieved by artificial cooling systems like refrigerator, coolers, chillers and freezers. The refrigeration system comprises of various components that includes evaporator, compressor, condenser, and power metering device.

These systems can be used in refrigerators, freezers, walk-ins, grab & go coolers and more other systems. It helps restaurants, tech parks, manufacturing plants, and retailers to ensure quality control and regulatory compliances.

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Refrigeration Monitoring Market: Drivers & Challenges

The rise in food retail chains in the developing regions and the increasing demand of refrigeration systems in grocery stores, super markets, convenience stores and specialty food stores to drive the growth of the global refrigeration monitoring market.

However, the biggest challenge in front of customers is to deal with some common problems like leaks and icing, icemaker malfunction, cooling problems and damaged fan motors, this makes a refrigerator difficult to maintain. The high cost of maintenance and the high consumption of electricity to run a refrigerator are some of factors that are hindering the growth of refrigeration monitoring market during the forecast period.

Refrigeration Monitoring Market: Regional Outlook

North America and Europe is estimated to record a steady growth rate during the forecast period. Whereas, Asia Pacific refrigeration monitoring markets are expected to record the strong adoption rates in the coming years.

Refrigeration Monitoring Market: Competition landscape

Key Players

Dover Corp; Daikin Industries; Carrier Commercial Refrigeration; Johnson Control; Haier Group and others.

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Indonesia, Malaysia, Thailand, Rest of South Asia)
Oceania (Australia, New Zealand)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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Refrigeration Monitoring Market: Segmentation

Segmentation of refrigeration monitoring market on the basis of component:

Hardware
Software

Segmentation of refrigeration monitoring market on the basis of products:

Transportation Refrigeration
Refrigerators & Freezers
Others

Segmentation of refrigeration monitoring market on the basis of services:

Support & Maintenance service
Consulting services
Deployment services

Segmentation of refrigeration monitoring market on the basis of types:

Wired Temperature Monitoring
Wireless Temperature Monitoring

Segmentation of refrigeration monitoring market on the basis of equipment:

Temperature Monitoring
Measurement device
Others

Segmentation of Refrigeration Monitoring market on the basis of industries:

Food Service
Manufacturing
Others

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Market Of Ceramic Transducers In North America Is Expected To Acquire A Global Market Size Of 26.8% | FMI

The market for ceramic transducers is expected to increase from an estimated value of US$ 1,636.5 Million in 2022 to US$ 3,945.9 Million by 2032. The market is expected to increase at a CAGR of 9.2 percent during the forecast period of 2022-2032. The increase can be attributed to a variety of factors, including rising demand for accelerometers and distance sensors used in smartphones and tablets, rising demand for flow rate measurement systems as a result of industrial growth trends, rising demand in developing countries as a result of increased use of burglar alarms, and so on.

A ceramic transducer is an electromechanical device that transforms one type of energy to another. It is made of a piezoelectric material, which creates electrical current in reaction to mechanical stress and mechanical strain caused by changes in electric fields, light, or temperature.

Ceramic transducers are employed as sensors in a wide range of applications, including detection and alarm systems, the automobile sector, medical equipment and gadgets, and distance measurement with time, acceleration, and flow rate measurements, to name a few. This significant advantage drives the global market.

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Ceramic transducers are used in a variety of applications, including ink printing, structural health monitoring, airbag sensors, seat belt buzzers, radio resonators, tyre pressure indicators, keyless door entry, robots and toys, electronic cigarette lighters, microwave ovens, thickness gauging, vibration measurements, and other similar applications. Ceramic transducers have also used ultrasonic transducers, which transform electric voltage into deformations or vibrations. The vast range of application industries will drive up demand on the global market.

In addition to the end use sectors currently in use, the use of ceramic transducers as sensors in additional applications such as TV, radios, cellular phones, chemical plants, the power sector, aeroplanes, telecommunications, healthcare, and so on is expected to present growth opportunities during the anticipated period.

What Are the Factors Hindering the Ceramic Transducers Market?

One of its limitations is that piezoelectric materials cannot be used for entirely static measurements. In addition, the durability and unfavourable compatibility of piezoelectric materials with concrete structures are drawbacks. Such elements may hinder product demand on the global market.

The market for ceramic transducers is anticipated to be constrained during the forecast period by the availability of substitute products as well as the overall manufacturing sector downturn.

Additionally, the piezoelectric transducer should only be used for dynamic measurements; static measurements are inappropriate. A high piezoelectric cable is required for electrical contact because the device only requires a small electric charge to function. The piezoelectric transducer’s low output necessitates the addition of an external electrical circuit. These restrictions would restrict the global market for ceramic transducers during the forecasted period.

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Market Competition

Businesses in the ceramic transducers industry are getting more and more involved in developing strategies like targeted marketing, CSR initiatives, and other similar initiatives to boost their visibility on a worldwide scale. The fact that these firms are now trying to manage a certain business-related activity in a nation with advantageous policies is a noteworthy development that is being observed across the board.

This enables these businesses to save expenses while still retaining the services of industry specialists at each crucial stage of their respective organisations. Governments in developing nations like India, Taiwan, China, and Indonesia, among others, are putting in place policies to encourage international investors to their various manufacturing sectors by lowering trade taxes and customs in an effort to increase employment.

The key players of this market include

Crest Ultrasonic Corporation,
Sensor Technology Ltd.,
YDA Ultrasonic,
Precision Acoustics Ltd.,
TRS,
TDK,
Sparkler Ceramics,
SensorTech,
Risun Electronic, PI Ceramic, Noliac, Meggitt Sensing, MURATA Manufacturing Co. Ltd, CeramTec, APC International, HARRIS Corporation.

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Key Segments Profiled in the Global Ceramic Transducers Market Report

Ceramic Transducers Market by Material:

Lead Magnesium Niobate (PMN) Ceramic Transducers
Lead Titanate (PT) Ceramic Transducers
Lead Zinc Titanates (PZT) Ceramic Transducers

Ceramic Transducers Market by Application:

Underwater Acoustic Ceramic Transducers
Ultrasonic Ceramic Transducers
Ceramic Transducers for Standard Signal Source
Ceramic Transducers for Sensing and Measurement
Ceramic Transducers for Electro-Acoustic Transducers

Ceramic Transducers Market by Region:

Ceramic Transducers Market in North America
Ceramic Transducers Market in Latin America
Ceramic Transducers Market in Europe
Ceramic Transducers Market in Asia Pacific
Ceramic Transducers Market in MEA

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In Germany, Combi Cooler Sales Are Anticipated To Increase At A Rate Close To 4.6% CAGR From 2022 to 2032

Over the forecast period of 2022-2032, sales in the global combi cooler market is projected to grow at a value CAGR of 3.7%, to reach a valuation of over US$ 332.3 Mn by 2032. The combi cooler market is predicted to grow in response to rising demand from end-use industries such as the oil & gas, chemical, energy & transmission, automotive & aerospace, and heavy machinery manufacturing.

Many of the world’s top factories use screw compressors as an energy source. In the oil & gas, pharmaceutical, food & beverage, and automotive industries, screw compressors are widely used, which allows manufacturers to mass produce complex products and machinery at a faster rate. Thus, the market for combi coolers is expanding as a result of the rising demand for screw compressors.

The use of a combi cooler eliminates the need for large, costly, and difficult-to-install condenser units. Additionally, combi coolers are in high demand since they require less installation effort indoors and outside.

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“Increasing need for sustainable and economical solutions for heat exchangers within various end-use sectors such as the heavy machinery industry and energy & transmission are creating opportunities for growth in the market,” says an FMI analyst.

Key Takeaways:

Based on power, the 250 to 400 Kw combi cooler segment will account for 33.5% of the total market share in 2022.
By material, sales of aluminum combi cooler will hold about 69.3% of the total market share.
In terms of end use, the oil & gas segment will create an absolute dollar opportunity worth US$ 16.7 Mn during the forecast period.
By 2032, Europe is expected to have the largest share in the global market, accounting for around 27% share.

Market Landscape

HAINZL INDUSTRIESYSTEME GmbH, Standard Radiators Pvt. Ltd., HYDAC INTERNATIONAL GmbH, EMMEGI Heat Exchangers Inc., ROTORCOMP VERDICHTER GmbH, G&M Radiator, ACP (Changzhou) Heat Exchanger Co., Ltd., KTR Systems GmbH, EMMEGI GmbH, Oesse Srl, Thermex Ltd, GDM Cooler Manufacturing Ltd, Dolphin Manufacturing LLC, Engendren Corporation, Horizon Enterprise, COMP AIR TREATMENT SYSTEM P. LTD. ,Wuxi Guanyun Heat Exchanger Co.,Ltd., and WUXI XINSHENG HEAT EXCHANGER TECHNOLOGY CO.,LTD are some of the key manufacturers of combi coolers.

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About FMI – Industrial Automation

The industrial Automation division of FMI offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing and identifying new revenue prospects.

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Borescope Market Size, Share, and Industry Analysis Report to 2029

This Borescope market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Borescope market.

Borescope Market: Drivers and Challenges

The maintenance and inspection activities in the manufacturing industry have a positive impact on the borescope market.

Borescope has included features such as a high degree of free movement, wide-area achieving capacity, versatility and economy, and excellent image quality. The increasing demand for quality assurance and automation is driving the borescope market. The industrial borescope helps for an indispensable part of inspection activities in pipeline inspection, mainly in the oil and gas industry.

The industrial borescope offers economic benefits through minimizing inspection time, labor cost, downtime period, and, among others. The borescope is used for visual inspection to check for coating defects, burrs, voids, corrosion, and other critical problem indicators in casting industry application.

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Challenges

Borescope has limited motion and viewing capability to inspect places for deep dents or curve. The rigid borescope has limited parts for detailed and hard to reach places, inspection systems. The flexible borescope is complex in structure, which is a typically difficult in handling. Also, the high cost of advance borescope instruments and lack of skilled labor are some the primary factors impacting the adoption of borescope in the market.

Borescopes Market: Competition Landscape

Some of the prominent players providing borescopes are PCE Deutschland GmbH, Olympus Corporation, Advanced Inspection Technologies Inc., Tech Service Products, and RF System Lab.

Borescopes Market: Regional overview

By geography, the borescope market has been segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA (the Middle East & Africa). Among these regions, North America, Western Europe and Asia Pacific Excluding Japan is expected to dominate the global borescope market due to the increasing demand for inspection and surveillance equipment’s in this region, which in turn drive the demand for borescope market.

The borescopes market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The borescope market report also maps the qualitative impact of various market factors on market segments and geographies.

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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
Eastern Europe (Russia, Poland, Rest of Eastern Europe)
Japan
Asia Pacific Excluding Japan (China, India, South Korea, ASEAN, Australia & New Zealand, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

Borescopes Market: Segmentation

The Borescopes market is segmented on the basis of Technology:

Videoscope
Fiberscope
Rigid Borescope

The Borescopes market is segmented on the basis of Type:

Flexible
Rigid

The Borescopes market is segmented on the basis of Verticals:

Oil and Gas
Energy and Power
Chemicals
Automotive
Metallurgical
Aerospace
Others

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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Advanced Server Energy Monitoring Tools Are Software Which Is Utilized For Accurate And Real Time Representation Of Energy –FMI

Data centers along with support systems are pivotal assets of any IT enterprise. Advanced Server Energy Monitoring Tools Market Significant part of revenues are thus dedicated for their maintenance to achieve higher storage, processing capability and, enable efficient distribution of large amounts of data. With increasing utilization of data center, it’s critical to efficiently manage the energy distribution, allocation and consumption throughout the enterprise.

High energy consumption mainly observed in handling IT systems such as networking equipment, servers etc. and components such as air conditioning, power supply system and power distribution. Higher energy consumption translating into increased expenses creates strong restrain toward the operational performance of a company.

Therefore there is sustainable requirement for a synchronized utilization of systems, hardware and software to measure, monitor and manage the energy consumption in data center infrastructure. Advanced server energy monitoring tools are software which is utilized for accurate and real time representation of energy consumption of a particular server.

This information is then used in further in different DCIM toolset to trigger real time modification or changes in the overall data infrastructure. The sales of tools in advanced server energy monitoring tools market is mainly derived from telecommunication and Information and Technology application.

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With server and data center accounting for more than 20 percent the overall energy consumption in an enterprise, they also account for a significant operating expense. Owing to the rising data center/server density, quantity and increasing IT load, there is a significant demand for advanced server energy monitoring tools to mitigate the inflation in facility expenses and enhance revenue of the company.

Increasing involvement of government especially in Europe and the U.S to enhance energy saving potential and reduce consumption is also boosting the sale of the advanced server energy monitoring tools market. The increasing adoption of ASP’s, SaaS and Cloud computing technologies is expected to enhance the demand for data center in the coming year thus creating strong sales for advanced server energy monitoring tools market.

The demand for advanced server energy monitoring tools market is expected to gain significant traction during the forecast period chiefly in flourishing IT markets such as Asia. However, owing to nature of significant cost of software tools and supporting equipment the growth of the advanced server energy monitoring tools market is restrained.

The global advanced server energy monitoring tools market is segmented on the basis of region by North America, Latin America, Middle East Africa, APEJ, Western Europe, Eastern Europe region & Japan .The advanced server energy monitoring market is in an adolescent phase with an anticipated penetration of not more than 20 percent in the North America and Europe region However with increasing adoption of cloud computing and other aforementioned technologies the advanced server energy monitoring tools market is expected to have a positive outlook in terms of sales of advanced server energy monitoring tools.

The US advanced server energy monitoring tools market is expected to create significant sales opportunities during the forecast period as compared to other markets. Thriving information technology and telecommunication sector in Asia-Pacific especially in India, and China are expected to create sustainable demand for server energy monitoring tools during the forecast period.

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However this escalation in demand for advanced server energy monitoring tools market is expected to rise by the end of 2017 in the Asia Pacific with increasing adoption of such tools and technologies. The Latin America and Middle East and Africa advanced server energy monitoring tools market are expected to create relatively low opportunities owing to limited IT infrastructure.

The global advanced server energy monitoring tools market is highly localized with relatively low number of participant engaging in the sales services related to advanced server energy monitoring tools. Some of the key participants and service providers identified in the advanced server energy monitoring tools market report are Dell Inc, Hewlett-Packard Company, IBM Corporation, Fujitsu Ltd., and Cisco Systems among other key players in the advanced server energy monitoring tools market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Regional Outlook for the North American Optical Measuring Systems Market Analysis Between 2022-2032

The global optical measuring systems market holds a forecasted share of US$ 4230 million in 2022 and is likely to surpass US$ 7456 million by 2032, moving ahead with a CAGR of 5.8% during the forecast period (2022-2032).

Optoelectronic is a critical foundation technology used to encompass electronic devices for the emission, modulation, transmission of light signals. Optoelectronic transducers detect the light wave and convert the light wave into a form of voltage or current in order to measure the light intensity. Optoelectronic transducers consist of transmitters and receivers for sensing the optical attenuation.

Optoelectronic transducers family which includes the sensors.Transducers which consist of both (sensor/actuator) with signal conditioning, therefore, transducers are superior to sensors. A sensor can only detect the signal whereas a transducer can work both ways sensing, and signal conditioning.

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Optoelectronic transducers are optical-to-electrical transducers or instruments, electrical-to-optical transducers which converts light source to voltage or current vice versa and it is considered as sub-field of photons. In addition to this, optoelectronics technology is crucial for gathering information, transmitting and, displaying information, it can store the information and can process the information further.

Optoelectronics technology is necessary for the competitive alternative in the electronics industry to existing systems. This optoelectronics technology is also used for the next generation systems.

Global Optoelectronic Transducers Market: Drivers

Rising innovations in semiconductors, widened the scope to incorporate photonics and electro-optics, usage of optoelectronic components in end-use applications exclusively in electronics are going to surge the growth of the optoelectronic transducers market.

Optoelectronic transducers with the unique features for measuring the light source by detecting and converting to voltage or current and signal conditioning drives the growth of the market. Optoelectronic components are semiconductor devices highly used in all electronic applications such as television, cameras, CD-DVD, laptops, Xerox machines and, smartphones, its components used in various applications LED, Laser diode, and the image sensor which are highly used in drives the growth of the market.

Components like LED is used in residential and commercial due to their high efficiency, durability. The laser diode is used in telecommunication and other semiconductor devices. The image sensor is used in machine vision cameras, surveillance cameras, and automotive cameras. This product can further increase applications and help further growth of the market.

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Global Optoelectronic Transducers Market: Market Participants

Examples of some of the market participants identified across the value chain include, Avago Technologies, Oplink Communications LLC, Finisar, Sharp Corp., Toshiba Corp., Accelink Technologies, JDSU,Fujitsu,Broadex Technologies, Sony Corp., Oclaro Inc., BetaLED,Philips., NeoPhotonics.

Global Optoelectronic Transducers Market: Segmentation

Global optoelectronic transducer market segmented as follows

By Component optoelectronic transducers market is segmented into

LED
Laser Diode
Image sensor
Opto-coupler

By Application optoelectronic transducers market is segmented into

Residential
Commercial
Telecommunication
Consumer electronics
Healthcare
Other Industrial Process
Defence

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From 2022 To 2032, Aerospace Fibre Optics Market Is Anticipated To Grow At A CAGR Of 6.3% And Reach A Value Of $7,338.1 Million | FMI

Global aerospace fiber optics demand is anticipated to be valued at US$ 3,998.2 Million in 2022, forecast to grow at a CAGR of 6.3% to be valued at US$ 7,338.2 Million from 2022 to 2032. An optical fibre is a transparent fibre made of glass threads that are slightly larger in diameter than a human hair. These glass threads can transmit light between the ends of the fibre, allowing signals to be transmitted for communication reasons.

Aerospace Fiber Optics Market Overview

An optical fiber is a transparent fiber made of glass threads with a diameter slightly greater than that of a human hair. These glass threads are capable of transmitting light between the ends of the fiber, which serves in transmitting signals for communication purposes. Fibers have replaced metal wires, due to their salient features, such as reduced losses, immunity against electromagnetic interference, high bandwidth and long distance range. Many industries are switching from traditional metal wires to fiber optics and the aerospace industry is adopting this transition as well.

In airplanes, traditional cables have to be carefully insulated as they remain vulnerable to lightning strikes but this is not the case with fiber optics. In aircraft jet engines, inside temperature is measured with the use of fiber optics, which transfer radiation into a radiation pyrometer. In the landing gear instrumentation system, the optical sensing solution is used to face harsh conditions. Attributing to lighter weight, improved reliability and other important features, fiber optics hold strong potential in the global aerospace industry.

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Aerospace Fiber Optics Market: Dynamics

Characteristics, such as reduction in the size and mass of sensors and cables, immunity towards interference of radio frequency, safe operations in vulnerable areas and higher fatigue durability are driving the growth of the aerospace fiber optics market. Growing technology and inventions in the aerospace industry with increasing crowd in civil aviation have also spurred growth of the aerospace fiber optics market. The need for efficient avionics networks, cabin management systems, flight management systems and weather radar systems has significantly accelerated the adoption of fiber optics.

Reduction in the cost of aerospace fiber optics is the primary requirement of costumers. As compared to traditional metal cables, fiber optics are way more expensive. Hence, manufacturers have to face the challenge of cost reduction without compromising the quality of products. The implementation of programs, such as Aerospace Acoustic Emission Monitoring System and Airframe Structural Health Monitoring System is enhancing safety in aircraft, which is an ongoing trend that is resulting in significant growth of the aerospace fiber optics market. 

Aerospace Fiber Optics Market: Market Participants

Examples of some of the market participants identified across the value chain of the global aerospace fiber optics market include:

Smart Fibres Ltd
Corning Incorporated
Amphenol Aerospace
Carlisle Interconnect Technologies
Timbercon, Inc.
W. L. Gore & Associates, Inc.
Cotsworks LLC
kSARIA Corporation
QPC Fiber Optic, LLC

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Aerospace Fiber Optics Market: Segmentation

The aerospace fiber optics market can be segmented by product type and by end use type.

By product type, the global aerospace fiber optics market can be segmented as:

Single mode
Multi-mode

By end use type, the global aerospace fiber optics market can be segmented as:

Civil aviation
Defense
Space

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Night Vision System (NVS) Market Important Changes in Industry Dynamics during 2022-2032

The global night vision system market is expected to surpass a valuation of US$ 1.2 Bn by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected to fuel sales in the market over the forecast period.

NIR (near infrared range) technology has progressed significantly during the last few years. In low-light or no-light situations, NIR technology produces photons, which aid in the detection of objects from a long distance.

For night vision systems, it is critical for eye-tracking and gesture control. Within a detecting range of fewer than 600 feet, the technology uses less power and can provide a crisp image in the dark. As a result, sales in the the global automotive night vision market are predicted to grow.

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More sensors are being integrated into automobiles to make them smarter and automated. Road sign recognition, collision avoidance systems, driver face detection, obstacle detection, and automated response are just a few of the emerging sensor-based technologies in the automotive night vision market. As a result of the integration of new-age technologies and enhanced sensors, demand is slated to surge at a considerable pace over the forecast period.

“Increasing autonomous vehicle fleet coupled with growing road safety awareness, particularly at night will continue driving the market over the forecast period,” says an FMI analyst.

Key Takeaways:

By technology type, infrared sensor sales are expected to grow at a CAGR of 13.6% during the forecast period.
Based on vehicle type, the passenger vehicle segment is anticipated to dominate the market, accounting for about 69% of the total market share.
In terms of sales channel, the OEM segment is projected to create an absolute dollar opportunity worth US$ 679.9 Mn.
The U.S. is expected to account for 9% of the North America night vision market share, creating an absolute $ opportunity of US$ 143.3 Mn by 2032.
Total sales in China will grow at a 4% CAGR, accounting for more than 68% of the East Asia night vision market share in 2022.

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Competitive Landscape

Some of the leading players operating in the market include Continental AG, Robert Bosch GmbH, Mobileye, Veoneer Inc., Valeo SA, Magna International, and others.

Manufacturers are strategically collaborating with technology partners for long supply relations and to instigate a central control unit for different ADAS technologies.

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About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about the automotive and transportation industry encompassing the automotive, aviation, shipping and marine, and railway sectors. Market findings and competition intelligence of OEM, aftermarket, services, and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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Market Growth For Multifuel Gas Turbines Is Expected To Reach 2.8% CAGR From 2022 to 2032

The global multifuel gas turbine market is expected to be worth US$ 6428.6 million by 2032, up from US$ 4877.4 million in 2022, with a CAGR of 2.8 % over the forecast period. The growing industrialization and increased use of electrical appliances are driving up demand for multifuel gas turbines. Electricity demand is driving sales of multifuel gas turbines as economic activity in developing economies grows.

Furthermore, multifuel gas turbines are being used for their internal combustion engines, and turbofans are being used to increase gas turbine efficiency as well as the conversion rate of electricity generation.

The availability of natural gas and stringent environmental regulations are also influencing demand for multifuel gas turbines.

Furthermore, technological advances in multifuel gas turbines have made them a viable option for generating power from a clean source. As a result, the multifuel gas turbine market is expected to grow significantly during the forecast period.

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Multifuel gas turbines help to replace the ageing fleet of thermal power plants that produce electrical energy from oil or coal, which is one of the major factors driving demand for multifuel gas turbines.

Furthermore, rising energy demand, combined with a significant increase in standard fuel prices, has resulted in a demand for greater fuel flexibility in gas turbines. As a result, it is expected that demand for multifuel gas turbines will increase globally.

The advantage of high efficiency, clean power generation even with fossil fuels, use of renewable energy systems, and other factors are driving the multifuel gas turbine market size.

Furthermore, the thermal efficiency of multifuel gas turbines is generally higher than that of a reciprocating engine. Multifuel gas turbines also have a very high power-to-weight ratio and greater reliability.

Moreover, the increasing demand for uninterrupted power in the industrial, residential and commercial sectors coupled with the depleting conventional resources and rising environmental concerns in developing and developed countries are in turn expected to drive the demand for multifuel turbines in power plants across the globe.

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There is an upsurge in the demand for power, especially in off-grid sectors, and the industrial sector, and poor grid infrastructure in emerging economies is expected to boost the demand for multi-fuel gas turbines across the globe. Moreover, increasing demand for flexible power generating systems and decommissioning of aging power plants are anticipated to drive the multifuel gas turbine market.

Competitive Landscape:

The global multifuel gas turbine market is a highly consolidated market. A significant share of the global market is dominated by major manufacturers. New products that contain improved capabilities have been launched by leading market players. They have taken the necessary steps to improve the accuracy of devices and overall functionality.

Some of the key players in the multifuel gas turbine market are:

Siemens AG
General Electric
Ansaldo Energia S.p.A.
Mitsubishi Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd.
Ming Yang
Guodian United Power
Nordex
Dewind, Senvion
Wärtsilä
MHPS
Other

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Key Segments in the Multifuel Gas Turbine Market

By Power Output:

Low output (below 100 MW)
Medium output (100 MW – 300 MW)
Heavy output (< 300 MW)

By Application:

Energy & power
Public Infrastructure
Residential
Commercial
Industrial
Oil & Gas
Others

By Source:

Gas
Liquid

https://figma-bosnia.tribe.so/post/world-personal-protective-equipment-market-share-by-2032-upcoming-trends-an–632045f215c04371a2463563

https://vote-for-miles.mn.co/posts/26928615?utm_source=manual

https://sokomtaani.mn.co/posts/26928619?utm_source=manual

https://www.storeboard.com/blogs/business/personal-protective-equipment-market-comprehensive-shares-historical-trends-and-forecast-by-2032/5523891

India & China Are Expected To Drive The High Density Racks Market Primarily Due To Increasing Investments-FMI

Number of data centers High Density Racks (>100Kw) Market are growing rapidly to meet the increasing demands from business process to handle complex analytics and storage requirements. These data centers requires the use of power modules of varied power densities. Low density power racks means less computing power per square foot or rack, which also adds to the operating cost as need for data center expansion increases.

High-density data centers are primarily those where power to the raised floor and the computing equipment exceeds 150 watts per sq. ft. over the entire raised floor or the amount of energy needed is higher than 10 kW per rack. At this point, conventional data centers embark significant limitations.

High density racks are primarily useful at places where space cost are high and are beneficial to users primarily to ensure that the design and size of the zone are big enough to accommodate growth for at least five to ten years of capacity. High density racks support the Information technology and various networking equipment which includes switches, servers and routers & others in data center and are primarily used to support the high density computing.

Global High Density Racks Market: Dynamics

Need for efficiency coupled with demand for compact equipment is primarily increasing the adoption of High Density Racks. Further, rising demand for operations related to data center & increasing investment in data center equipment are the major factor boosting the growth of global high density racks market.

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However, increase in the cost of cooling and high energy cost are the major factor restraining the growth of high density racks & thus hampering the global high density racks market. High performance computing (HPC) environments such as Oil and Gas industry to manage and analyze the extreme levels of computing involved with seismic processing are primarily adopting high density power racks.

Global High Density Racks Market: Region-wise Outlook

Global high density racks market is segmented into seven key regions namely North America, Latin America, Asia-Pacific excluding Japan, Middle-East & Africa, Western Europe, Eastern Europe and Japan. North America accounted for maximum share in the global high density racks market.

Emerging economies such as India & China are expected to drive the high density racks market primarily due to increasing investments in several sectors such as banking, telecom & insurance and others requiring data centers to support new projects in the region.

Global High-Density Racks Market: Key Players

Some of the major players identified across High-Density Rack market includes Ridg-U-Rak, Emerson Electric Co., Eaton, AK Material Handling Systems, VALERACK, Hewlett Packard Enterprise Development LP, HUAWEI Technologies CO LTD., Belden Inc., Redirack Storage Systems and Storax Limited.

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Global High Density Racks Market: Segmentation

The global high density racks (>100Kw) can be segmented on the basis of type, cooling & application.

On the basis of type, global high density racks market can be segmented into

Drive-in rack
Drive-through rack

On the basis of cooling, global high density racks market can be segmented into

Refrigerant
Water
Direct expansion
Air flow

On the basis of end-use, global high density racks market can be segmented into

Distribution centers
Warehouses
Food processing plants
Big-box retail outlets
Data Center

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