Global Combi Ovens Market 2022 Growth, Trends Analysis Report 2027

The Combi Ovens Market ovens will increase by 10.2% annually in 2022, reaching a value of about US$ 1,996.9 Mn by the year’s end. Convection, steaming, and combination cooking are all possible in combo ovens. The combination mode gives you greater control over moisture levels by using both dry heat and steam to maintain precise humidity levels in the food.

The rising demand for combi ovens has compelled manufacturers to approach the market with heavy and medium capacity combi ovens in order to serve hotels, institutions, and commercial kitchens.

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In a bid to maintain the combi ovens market sustainability amidst increasing competition, Tier 1 players are engaged in expanding manufacturing capacities and strengthening regional presence. For instance, Electrolux, in 2017, acquired Continental Brand in Latin America with an aim to strengthen Electrolux’s growth in the Latin America region.

The growing demand from the foodservice industry and the need for more productive cooking methods are expected to be the core drivers for the global combi ovens market in the coming years. With the growth in economy and increment in the disposable income of people, people now endeavour to spend more on items that can fulfil their desires such as a luxury car, an apartment, or on the food and beverages they desire to eat or drink.

Humans are inquisitive in nature, and have the tendency to explore new things and new varieties of food to taste, which has thus pushed culinary specialists or chefs to come up with new types of cooking methods. Combi oven is best for cooking meat owing to the reason that the heat in the chamber does the majority of the cooking and the moisture in the oven prevents the meat from drying out and also increases its consumable life.

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Combi ovens are a perfect alternative for cooks when they are in the need to serve food in quick service restaurants or serve bulk orders. In this way, combi ovens are in great demand in inns, hotels, restaurants, eateries, and at other food outlets. The development of the foodservice sector across the globe is expected to bode well for the progression of the global combi ovens market.

Key Market Players

Key market participants are focusing on enhancement of their medium-term expansion strategy, product portfolio strategy, and mergers with regional distributors to expand their business. The players operating in the market are Alto-Shaam Inc., Electrolux AB, Fujimak Corporation, The Middleby Corporation, Retigo S.R.O, and Dover Corporation, among others.

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Ferrous Sulfate Market | Global Industry Analysis, Size, Share, Growth, Trends And Forecast to 2026

The ferrous sulfate, also known as the Green Vetriol or Copperas since the middle ages, essentially provides iron needed by the body. The ferrous sulfate market is booming in places where the population is high and is growing quickly, for instance China, India and U.S.A. Asia is a major stakeholder in the ferrous sulfate market and produces roughly around 80% of ferrous sulfate produced in the world.

That apart, ferrous Sulfate is also used in animal feeds, water treatment fertilizers and as a catalyst. China, being the leading producer of the crystalline substance, will soon also dominate the market in the production of liquidized ferrous sulfate which is mostly used in the treatment of anemia.

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Ferrous Sulfate Industry: Drivers and Restrains

As the animal feed industry as well as the fertilizer industry have been showing an appreciating increase in GDP since the last two years, it is quite likely that the ferrous sulfate market will grow with it. Another antecedent which helps to drive the ferrous sulfate market is the escalating price of the hydrochloric acid. Due to an increase in its prices, the pickling operation of the hydro chloric acid has been paused and ferrous sulfate is being used in place of hydrochloric acid.

An easy alternate to ferrous sulfate is the combination of Ferric Chloride and Alum in liquid form. This is a major peril to the ferrous sulfate industry. The use of this alternate may also result in squandering of up to 150,000 tons of ferrous sulfate and lead to reduced import-export opportunities.

Market Taxonomy

The ferrous sulfate market is segmented in two ways:

  • Properties
  • Application

In the properties variant, the ferrous sulfate, being crystalline and having a dissolving character, is used to treat water polluted by agriculture and animal waste. On the other hand, due to the bond between metal ions such as the abundance of sulfate ions, ferrous sulfate is also used to treat water polluted heavily by heavy-metal elements.

The Ferrous sulfate market can also be segmented on the basis of application. On the basis of application, the ferrous sulfate market is segment into the following:

  • Water Treatment
  • Animal feed
  • Body supplements
  • Fertilizers
  • Catalyst 

Ferrous Sulfate: Region-wise Outlook

Based on geography, the ferrous sulfate market can be divided into these key segments — North America, South America, Asia Pacific, Europe and the Middle-East. Among these regions, the Asia- Pacific is the major market as it holds roughly around 80% of the manufacturing plants.

The Asia pacific region is followed closely by Europe. In Europe, heavy population and increasing amount of phosphate content has led to a situation where water must be cleaned rapidly. Ferrous sulfate can clear away 80% to 90% phosphates during primary water treatment and up to 96% phosphates during secondary water treatment. Ferrous sulfate, in its liquid form, is used as an iron supplement for the body.

It is also used to treat anemia i.e., lack of Red Blood Cells (RBC’s) and in the treatment of porphyria- which is an enzyme disorder.

In recent years, the use of ferrous sulfate in animal feeds has also increased. Hence, the demand for ferrous sulfate is growing in regions where human as well as animal population is in abundance, such as China, India and U.S.A. Easy accessibility of raw materials, low labor cost and rising manufacturing industries are some of the other factors driving growth in the ferrous sulfate industry.

Hong Kong, China, India, North America and the Middle- East are some of the rapidly growing markets in the liquid ferrous sulfate industry. As these regions have highly populations, they provide a conducive platform for the growth of the specified industry. Hectic work schedules have left people with no time for self – this is why many people experience a deficiency of iron content in their body and hence, the intake of liquid ferrous sulfate has also increased. 

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Ferrous Sulfate: Key Market Participants

Some of the notable manufacturers in the ferrous sulfate market are:

  • Rech Chemicals Co. Ltd
  • Hong Yield Chemical Industrial Co. Ltd
  • Changsha Haolin Chemical Co. Ltd
  • MMC Resources Inc.
  • Shaoyang Shenzhou Chemical Industry Co. Ltd
  • Reactivos Mineros SAC
  • Cleveland Industries
  • Zouping County Runzi Chemicals Co. Ltd
  • Gokay Mining and Chemicals

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.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, 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 segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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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Asia Pacific Manufacturing Execution Systems (MES) Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2022 | FMI

The two basic factors that necessitate the use of MES is total quality in production and help in the decision making process.  Manufacturing execution system (MES), as the name suggests, it’s a computerized system, which can be implemented in the manufacturing process, to increase manufacturing efficiency and accuracy.

It manages and monitors work in process on a factory floor. The goals of MES are to make the manufacturing process more efficient and improve productivity by reducing the cycle time. MES has replaced manual operations into paperless operations for faster transfer of information and improve the process of decision making.

Key benefits of MES include reduced work in process inventory, support for stock keeping unit, labour tracking and ability to review efficiency by work centers, operators and equipment.

Manufacturers can benefit from the integration of MES with product lifecycle management (PLM), supply chain management (SCM) and enterprise resource planning (ERP) to transform the manufacturing processes in terms of control and synchronization.

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Based on the applications, MES can be segmented into two segments as discrete manufacturing industries and process manufacturing industries. The various process manufacturing industries include chemical, oil and gas, pulp and paper, food and beverages, waste water management etc.On the other hand various discrete manufacturing industries include automotive, healthcare, aerospace and defense. MES has been nowadays accepted across various segments.

The global MES market is expected to grow two fold from 2014 to 2020, at a CAGR of 10-12%.The global market is expected to grow significantly, as manufacturers are looking to manage complex processes and products more efficiently.Europe and North America are the largest contributors in the global MES market, capturing almost equal amount of share. APAC on the other hand is expected to register higher growth as it is attracting investors to manufacture.

APAC is transforming into a manufacturing hub. All the major players of the market are focusing on the APAC region, due to rapid growth expected in the industrial and infrastructural sector. In order to cater the growing demand from Association of Southeast Asian Nations (ASEAN), the MES manufacturers are shifting their manufacturing plants to this region, to attract more consumers and gain a competitive advantage. With foreign direct investment increasing in this region manufacturing execution system is expected to witness potential growth in the region.

Key players in MES industry are Invensys operations management, Honeywell Processes Solutions, and ABB, which account for major portion of the market. Companies are getting into alliances & acquisitions to expand their business operations and increase their investment through foreign direct investment, which are expected to boost the growth of MES 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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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • Greater China
  • India
  • ASEAN
  • Australia & New Zealand
  • Others

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

Asia Pacific Manufacturing Execution Systems Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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Blackout Fabric Market is Projected to Grow at a CAGR of 6.9% Between 2022 and 2032

The global demand for blackout fabrics is projected to increase at a CAGR of 6.9% during the forecast period between 2022 and 2032, reaching a total of US$ 17.92 Billion in 2032, according to a report from Future Market Insights. From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 3.5%.

 The global market for blackout fabric laminates is anticipated to witness significant growth due to various potential advantages such as design aesthetic flexibility, lightweight, low maintenance, quick installation, and so on. Blackout fabric laminates can also preserve efficiency and cut energy costs by up to one-fourth, the requirement in emerging businesses for blackout fabric laminates.

Mounting sales of such laminations are predicted to garner handsome growth in the blackout fabric market over the 2022-2032 forecast period. Increase in the number of smart homes in developing countries due to economic growth is fuelling the blackout fabric market. High volume demand for a healthy lifestyle is spurring demand for blackout fabric.

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Key Takeaways from the Market Study

  • In terms of revenue, the 2-3 ply segment to hold a 55.5% revenue share in 2022
  • Asia Pacific is expected to grow at a CAGR of 8% from 2022 to 2032.
  • Over the forecast period, the above 3 Ply segment is projected to grow at a CAGR of 6.2%.
  • North America to account for 31% of the blackout fabric market share in 2022
  • From 2022 to 2032, photography laboratories to emerge as the primary end user, growing at a 6.5% CAGR

Market Competition

Prominent players in the industrial Blackout Fabric market are UNITEC Textile Decoration Co., Ltd., Etremonde Polycoaters Limited, Indiana Coated Fabrics, Hunter Douglas, Dunmore, Herculite, P.W. Greenhalgh & Company Limited, Sotexpro, Bandalux, Création Baumann and others. Some notable developments by manufacturers are

  • In November 2021, UNITEC Textile Decoration Co. Ltd released the Blackout Blinds Fabric Laminar URB8800 series, a newly developed roller blind fabric. It distinguishes itself from the previous roller blind fabric by having a fabric pattern on the front side and a coating on the back. As a result, it is fabric on both sides. The fabric texture is the same whether indoors or outdoors.
  • The Duette® LightLockTM system, which fits securely into the window frame and was released in January 2019 by Hunter Dougals, is the only one of its kind to provide such darkening effects. Its innovative U-shaped side channels have a black, ridged interior surface that traps and absorbs light from all angles, leaving rooms nearly dark.

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More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the global cross border e-commerce software market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of deployment (cloud-based and on-premise), and application (large enterprises and SMEs) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Key Segments Covered in the Blackout Fabric Industry Analysis

Blackout Fabric Market by End Use:

  • Blackout Fabrics for Industrial Use
  • Blackout Fabrics for Schools and Colleges
  • Blackout Fabrics for Photography Laboratories
  • Blackout Fabrics for Hotels & Restaurants
  • Blackout Fabrics for Other End Uses

Blackout Fabric Market by Thickness:

  • Up to 1 Ply Blackout Fabric
  • 2-3 Ply Blackout Fabric
  • Above 3 Ply Blackout Fabric

Blackout Fabric Market by Region:

  • North America Industrial Blackout Fabric Market
  • Latin America Industrial Blackout Fabric Market
  • Europe Industrial Blackout Fabric Market
  • Asia Pacific Industrial Blackout Fabric Market
  • Middle East & Africa Industrial Blackout Fabric Market

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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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Smart Water Grid Market Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2017-2026

smart water grid market is referred to a real-time two-way network equipped with sensors and devices for continuous & remote monitoring of the water distribution system. Smart water meters deployed in smart water grids are capable of monitoring several parameters such as temperature, flow rate, quality, and pressure. Smart water grids find their application in utilities, and commercial and residential buildings.

Demand prediction, real-time sensing, quality monitoring, ease of detecting leaks and bursts, supporting planning and operations, and assisting in reducing water loss are some of the advanced features in smart water grid that are expected to drive the market.

Water utilities are optimising operations by deploying advanced analytical software, automation, control, design, and other services in order to reduce their carbon footprint and save money. The growing emphasis on integrating smart water grid with information and communication technologies is resulting in remote maintenance, monitoring, and tracking.

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Increasing emphasis on improving water management and supply, developing accurate billing methods, and reconstruction of old water infrastructure are some of the factors contributing to the growth of the smart water grid market.

Municipalities in various countries are focusing on implementing smart water grid technology, which can provide information and communication technologies in a single smart water management scheme, increasing efficiency. The market for smart water grid is also being driven by increased investment in repairing old water infrastructure and improving water distribution systems.

Key Highlights on the Global Smart Water Grid Market

The global market for smart water grid is segmented on the basis of application, technology, and region. On the basis of region, North America is expected to remain dominant in the global market for smart water grid throughout the forecast period 2017-2026. Owing to the advancement in technologies, increasing initiatives by the government to improve water infrastructure and stringent regulations, North America is witnessing a significant growth in the smart water grid market.

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Meanwhile, Asia Pacific Excluding Japan (APEJ) and Europe are also likely to witness the growth in the market during 2017-to 2026. Due to the increasing demand for new installations for water supply, and the increasing awareness about using smart water grid in order to conserve the limited fresh water are fueling the growth in APEJ. While, Europe is witnessing rise in the water infrastructure development and strong government support, thereby resulting in the increasing deployment of smart water grid.

On the basis of technology, the market is segmented into design & engineering, ICT & analytical software, smart infrastructure, and control & automation. Among these, smart infrastructure is expected to witness the highest growth in the global market for smart water grid. By the end of 2026, smart infrastructure is projected to exceed US$ 2,200 million revenue.

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Based on the application, the market segment consists of commercial, residential, and utility. Smart water grid is expected to find the largest application in the utility segment. By 2026 end, utility is estimated to bring in nearly US$ 24,900 million revenue. Meanwhile, commercial segment is also likely to witness robust growth in the global market for smart water grid.

Key Players Competing to Sustain in the Market

Siemens AG, Itron Inc., Sensus Worldwide Holdings Ltd., Badger Meter, Inc., Neptune Technology Group Inc., Schneider Electric, Toshiba Corporation, The Whitmore Group Arqiva, Wetsus, ABB Group, ICT, co., Ltd., Prezi Inc., and Xinapse Systems Ltd., are some of the key players operating in the global smart water grid market.

Market Taxonomy

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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Technology:

  • Smart Infrastructure
  • Control & Automation
  • ICT & Analytical Software
  • Design & Engineering

Application:

  • Residential
  • Commercial
  • Utility

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 7-years.

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Anisole Market | Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast to 2026

Anisole, also known as methoxybenzene can be described as an organic compound and colourless liquid with smell similar to that of anise seed. Anisole is prepared synthetically and is a precursor of other synthetic compounds and it is an ether.

The chemical formula of anisole is CH3OC6H5. Anisole has a good solubility in diethyl ether, ethanol, benzene, chloroform, toluene and most of the organic solvents. It is used as a solvent, insect pheromone, and as an intermediate in manufacturing of dyes, fragrances, pharmaceuticals, etc.

Anisole is generally supplied to end-users in drums or specially constructed tanks for hazardous liquids commonly called as ISO TANKS. Anisole suffers electrophilic aromatic reaction quicker than benzene, which reacts relatively quicker than nitrobenzene. Anisole is produced by the reaction of sodium phenoxide with methyl bromide and Williamson ether synthesis.

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Rapid industrialization along with rising use of intermediate chemicals for manufacturing of other products such as polycarbonates, and detergents is expected to promote the expansion of capacity over the forecast period. It is utilized in manufacturing nanoparticles (tin oxide) and inorganic complexes, rising the demand for anisole, which is expected to boost the market growth. The compound is an important raw material for producing Guaiacol, MEHQ & 4-MAP.

Global Anisole Market: Dynamics

Increasing demand for fragrance products such as creams, scents, perfumes will push the industry penetration over the upcoming years. Moreover, improved manufacturing process as well as technological innovations to increase the demand of products with high purity levels will have a progressive impact on the market.

Strong manufacturing base of fragrance products coupled with increasing demand in countries like Germany, U.S., Brazil, Mexico and Saudi Arabia is expected to drive the global anisole market.

Apart from these products, anisole finds its application in pharmaceutical industry as an intermediate chemical. Requirement of these products in higher amounts triggers the growth of anisole market in a large scale even in developing countries.

Raw material availability and price volatility remain as one of the largest challenges in the global anisole market. Further, stringent environmental regulations and less storage time of anisole is the key reason restraining the growth of global anisole market.

In addition, exposure to the product above acute limit can cause serious health related problems including irritation in eyes, throat burning, etc. which in turn hamper the growth of global anisole market. Application of anisole as insect pheromones is anticipated to provide significant opportunities in the market over the forecast period.

Global Anisole Market: Region-wise Outlook

Considering regions, Europe accounts for a larger share in the global anisole market and will show a significant growth in France, Germany, and the U.K. since the need for cosmetic products are increasing swiftly. Rising awareness among the youth regarding grooming and beauty care promotes global anisole market over the forecast period.

Asia-Pacific is expected to witness the highest growth over the forecast period owing to the rising pharmaceutical industries in India, China, Malaysia, Thailand and Vietnam. Latin America is the evolving region for perfume industry and is expected to grow at a significant rate.

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Global Anisole Market: Market Participants

Examples of some of the market participants in the anisole market identified across the value chain include SIGMA-ALDRICH Co. LLC, Atul Ltd., Solvay S.A., Westman Chemicals Pvt. Ltd., Parchem fine & specialty chemicals, Evonik Industries AG, Huaian Depon Chemical Co., Ltd., JIANGSU TIANJIAYI CHEMICAL CO. LTD., Kessler Chemical, Inc., Shaanxi Top Chemical Co., Ltd., Yasho Industries Pvt., Ltd., Hangzhou Haichem Co., Ltd. among others.

Manufacturers are employing latest technologies for manufacturing of anisole which includes acetylation, acylation and electrophilic aromatic bromination. Among the various technologies, electrophilic aromatic bromination is the most employed technology as it enhances their reactivity and increases energy among the anisole molecules.

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.

Global Anisole Market: Segmentation

The global anisole market can be segmented on the basis of application as follows;

  • Dyes
  • Perfumes
  • Pharmaceutical products
  • Others (food products, etc.)

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, 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 segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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APAC Solar Micro Inverters Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2022

The first commercially successful micro inverter was launched by Enphase in 2008, which played a key role in popularising solar micro inverters globally. Currently, the global market comprises numerous domestic as well as international players supplying quality micro inverters.

Modularity, safety, and maximum energy harvest will continue to drive the market at a considerable pace through 2020. Till recent years, the demand for micro inverters was highly restricted to North America. However, the market is gradually shifting toward commercial applications, and witnessing expansion in most of the developed as well as developing regions outside the U.S.

Adoption of solar micro inverters has gained momentum in the recent past, resulting in a growing market in developing nations, including Asia Pacific. Improved device features and enhanced efficiency are currently pushing the market in APAC, which is projected to continue in the near future as well, creating a lucrative market for micro inverters on a global level.

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APAC Solar Micro Inverters Market: Key Drivers

Declining Prices to Push Demand

The market is currently growing at a considerable pace. Persistent advances in R&D of solar micro inverters and substantial reduction in costs of micro inverters are estimated to boost the market during the forecast period.

Size and Modularity to Impact Maximum Applications

Compact size and high modularity of solar micro inverters make them ideal for residential applications. These two are the key drivers why micro inverters are currently gaining an impetus at a global level.

Superiority over Conventional Inverters is a Key Driver

Solar micro inverters are superior over conventional centralised or string inverters in various ways.

  • Unlike string inverters, micro inverters are tolerant to shade and do not let the power generation performance of individual solar panels drop, even if the area surrounding them is shady. This character is identified as one of the key factors positively influencing the demand for micro inverters when it comes to their efficiency.
  • Contrary to centralised inverters, solar micro inverters are compact in size and do not need separate air cooling, resulting in lesser heat loss. This is another factor fuelling the demand for micro inverters in the market.
  • Moreover, a broken string or centralised inverter faces halted performance merely due to a defect in one panel, whereas a defective panel in a micro inverter does not degrade the performance of the entire system because the system architecture allows individual panel monitoring. The maximum power is generated through MPPT. This has been an important driver in popularising micro inverters over the years.

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Higher Costs Can Create Challenges

However, relatively higher initial costs associated with installation and replacement of micro inverts may continue to create a major roadblock for solar micro inverters from becoming a widely commonplace device across Asia Pacific. Furthermore, installation of micro inverters requires the installation of another extra monitoring device – a communication bus, in addition to the basic common monitoring system. This in turn adds up to the final costs.

APAC Solar Micro Inverters Market Segmentation

FMI’s research offers a six-year forecast, segmenting the APAC market for solar micro inverters based on the type, consumer, and application.

Based on the type, the market is segmented into standalone solar micro inverter market and grid tied solar micro inverter market. On the basis of consumers, the solar micro inverter market in Asia Pacific is segmented as urban and rural. The urban segment dominates the market owing to rising awareness about alternate energy usage and growing population density in urban areas.

According to the application, the solar micro inverters market in APAC is segmented as residential and commercial. As micro inverters are economically lesser affordable compared to other traditional inverters, their residential applications find a lower market share in economically sensitive regions in Asia Pacific. However, the commercial solar micro inverter market application currently dominates the market.

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Market to Explore Untapped Growth Opportunities in APAC

Although the U.S. is a leading market for solar micro inverters, adoption of solar micro inverters is expected to gain traction in Asia Pacific, especially in India, Japan, and Australia. Soaring fuel prices, burgeoning demand for power supply, and favourable government policies are currently driving the market in APAC.

Regional Analysis: APAC Solar Micro Inverters Market

India, owing to the availability of ample renewable energy sources, captures a prominent position in the APAC market for micro inverters. Growing awareness about benefits of micro inverters and widespread adoption of renewable energy sources for agriculture are expected to fuel the demand for solar micro inverters across India. The Union Budget of India for 2014-15 has clearly indicated emphasis on using solar for electricity generation. This is a key factor, anticipated to provide momentum to the market for micro inverters in and post-2016.

Japan, despite representing a key residential market potential, has been facing limited micro inverter shipments. Stringent certification norms are anticipated to govern the Japanese market but domestic suppliers are expected to encounter growing opportunities.

Australia is a relatively emerging market for photovoltaics, which makes it an unestablished market for string and centralised inverters. The Australian market, since the past few years, has been reflecting growing demand for micro inverters and FMI’s research indicates string growth prospects for micro inverter suppliers. Recently, Enphase announced to commercially launch their AC battery first in Australia, later this year. ARENA Australia, through ample of renewable energy funds, will continue to provide an additional thrust to the market.

In addition, there are other expanding market, including Malaysia, Indonesia, and Philippines. Malaysia hosts several off-grid projects, whereas Indonesia is up for a thousand islands project. Philippines is also continually initiating multiple rural electrification projects. Utility companies located in all the three countries are currently prioritising rural electrification.

Key Players in APAC Solar Micro Inverters Market

Key participants in the Asia Pacific market for solar micro inverters, include  Enphase Energy, Solar Bridge Technologies, SolarEdge, Green Ray Solar, and Enecsys.

The research report presents a comprehensive assessment of the solar micro inverter 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.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific

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

Asia Pacific Solar Micro Inverters Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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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SiC Fibres Market | Worldwide Industry Analysis and New Market Opportunities Explored By 2026

SiC fiber is primarily composed of SiC crystallites and anamorphous blend of carbon, silicon and oxygen. SiC fiber excellent mechanical properties such high strength, modulus and chemical properties such as resistance to chemical attack and oxidation. Its high strength properties makes SiC an exceptional material for reinforcing composites such as polymer, ceramic, titanium and metal.Ceramic matrix composites widely uses SiC as reinforcing fibres for high temperature applications such as the components required gas turbine engines handling up to 2700°F. The SiC are available in continuous fiber type also called as tow and whiskers which are called short fibres.

Also, available in various SiC grades which differ in electrical properties, surface treated SiC grades are also widely used depending on the required properties to be adopted in the final product. Poly-vinyl acetate, poly-vinyl alcohol, epoxy are used in surface treatment of SiC fiber.

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The global SiC fiber market is expected to grow significantly at a higher rate with the increasing adoption of SiC fibres in the various composites used in aerospace, nuclear, chemical manufacturing and other applications.

Global SiC Fiber Market: Drivers and Restraints:

The exceptional SiC fiber properties such as high tensile strength, toughness, high stiffness, high temperature resistance, resistance under chemical attacks makes SiC the material ideal for industrial uses.   The global SiC fiber market is primarily driven by the increasing composite matrix manufacturers. The growth in the prepreg industries fuels the global SiC fiber market since they are widely used in ceramic composites.

Global SiC Fiber Market: Region Wise Outlook

The global SiC fiber market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). In terms of value Europe and North America holds majority of the share in global SiC fiber market and are anticipated to record stable growth during the forecast period.

Next in line is APEJ, especially China, Taiwan, South Korea and India, to account for major share in Asian region. The SiC fiber market is expected to grow in Japan, Latin America followed by MEA in terms of consumption. Overall the global market for SiC fiber is projected to record significantly higher growth during the forecast period.

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Global SiC Fiber Market: Key Players

  • Some of the key players identified in the global SiC fiber market includes:
  • SPECIALTY MATERIALS, INC.
  • UBE Industries Ltd
  • NGS Advanced Fibers Co., Ltd.
  • Saint-Gobain
  • COI Ceramics, Incorporated
  • Volzhsky Abrasive Works
  • SGL Group – The Carbon Company
  • Washington Mills

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 geography, technology and applications.

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Global SiC Fiber Market: SegmentationOn the basis of fiber type, SiC fiber market is segmented into:-

  • Continuous fiber
  • Whiskers

On the basis of commercial availability of product form, SiC fiber market is segmented into:-

  • Tow form
  • Woven form

On the basis of matrix composite type, SiC fiber market is segmented into:-

  • Polymer Matrix Composite (PMC)
  • Ceramic Matrix Composite (CMC)
  • Metal Matric Composite (MMC)

  On the basis of application, SiC fiber market is segmented into:-

  • Power Generation
  • Nuclear
  • Aerospace
  • Defense
  • 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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Synchronous Condensers Market 2022: Increasing Demand for Efficient Management Practices Report-FMI

The global synchronous condenser market reached about US$ 1.01 Bn in 2022 with an annual growth rate of 7.9%. However, due to increasing synchronous condenser adoption across a range of end-use industries, it is anticipated that the market as a whole will grow at a healthy CAGR of 8.2% between 2022 and 2029, reaching a total valuation of US$ 1.76 Bn by that year.

Future Market Insights has recently published its latest report on the synchronous condenser market, which includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report explores the synchronous condenser market and highlights important insights during the forecast period of 2022-2029.

As per the key findings, the global synchronous condenser market is anticipated to experience prominent growth over the forecast period, due to multiple driving factors such as increasing number of HVDC projects in developing economies such as India, Indonesia, China, and conversion of conventional generators & cooling plants to synchronous condensers.

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Rapid inclination towards wind and solar energy, in an attempt to reduce the dependency on fossil fuels has been generating significant demand for synchronous condensers in recent years. According to FMI analysis, manufacturers are setting their sights on countries, such as China which is making great strides to increase energy production from non-fossil fuel sources.

Newer Opportunities Identified in Middle East & Africa

Regions such as North America and Europe, are likely to hold prominent market shares in terms of value. However, the South Asiam market is estimated to project lucrative growth in the global synchronous condenser market over the forecast period of 2022-2029. This growth in the region is propelled by the rapid technological advancements and growing number of HVDC projects in prominent countries such as India and Indonesia, among others.

Furthermore, the market of synchronous condensers is expected to grow predominantly in prominent countries of Middle East and Africa including Saudi Arabia, Kuwait, Qatar, Abu Dhabi, Nigeria, and U.A.E., owing to various macroeconomic factors such as growing urbanization, stable political & social backdrop, and rapid industrialization.

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Increasing number of market players in the region have gained the confidence of foreign investors and grid operators to invest in the market. Moreover, refurbishment of synchronous condensers from old conventional plants and generators to new machines have added expressively positive momentum over the few past years.

Also, rapidly growing number of HVDC projects in MEA and installment of sustainable energy plants have boosted the demand for synchronous condensers to provide stability and robust functioning of power plants. These factors have resulted in significant growth of the synchronous condenser market in the region.

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Rising Number of HVDC and Related Substation Projects Creating New Opportunities for Synchronous Condenser Manufacturers

The global market of synchronous condensers has been segmented on the basis of different types of synchronous condensers, their multiple applications, and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East and Africa.

  • By product, newly built synchronous condenser is likely to hold prominent value shares of the global synchronous condenser market. This has majorly resulted from the increasing adoption of synchronous condensers over conventional cooling gas plants and increasing installation of solar and wind farms in several countries.
  • On the basis of cooling, the water cooled segment is expected to consume majority share of the global synchronous condenser market value. This is driven by the increasing demand for water cooled synchronous condensers across several regions. Furthermore, it is expected that the application of synchronous condensers in power plants and other similar machines will grow prominently throughout the forecast period.
  • On the basis of power rating, synchronous condensers ranging from less than 50 MVAR and from 50 to 80 MVAR are expected to consume majority share of the global synchronous condenser market value. This is driven by the increasing construction of synchronous condensers under specified power ratings by key market players across several regions.

Synchronous Condenser Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global synchronous condenser market. Some of the examples of key players in the global synchronous condenser market are ABB Ltd., General Electric, Siemens AG, Mitsubishi Electric Corporation, WEG, Eaton Corp. PLC, Voith GmbH, Ansaldo Energia, Toshiba Corporation, and Sustainable Power Systems Inc., among others.

The global synchronous condenser market is significantly consolidated with some players holding prominent shares of the market. These players are offering synchronous condensers under their business segments such as F.A.CT.S., and motors & generators, among others.

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Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 7-years.

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Heat Resistant Glass Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast to 2026

Heat resistant glass is a specialty glass specifically designed to withstand high temperature in kitchen appliances and industrial applications. Structure of heat resistant glass usually comprise soda lime or silica, which are high temperature resistant materials. These types of glasses have high melting point and low coefficient of expansion.

Global heat resistant market is gaining traction due to increasing safety concerns and formulation of new regulations in commercial and industrial sector. Heat resistant glasses not only resist fire but are also capable of working as insulators thus helping to maintain constant temperature requirement.

Evolution of green building concept and aesthetic designs in architectures and interior of buildings are increasingly making use of heat resistant glass surfaces and doors to improve safety, aesthetics and comfort level for occupants in buildings.

This has also led to consistent increase in the demand of heat resistant glass, globally. New product development initiatives by key companies such as use of heat resistant glass for oven dishes, heat resistant bottles and jars, woodstove etc. has provided significant boost to global demand of heat resistant glass.

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Heat Resistant Glass Market: Market Dynamics

Heat resistant glass is manufactured in various shapes and size and used as a medium to retain heat and refract light. Heat resistant glass is strengthened through thermal and chemical treatment processes which helps change in breakage pattern, causing it to shatter in to small pieces instead of sharp angles which helps in reducing damage. Heat resistant glass also helps in acoustic insulation to some extent thus providing added benefit to end user or civil contractors.

Rapid industrialization in developing economies coupled with urbanization trend and substantial infrastructure investments are some of the macro-economic factors supporting growth of global heat resistant glass market.

Furthermore global heat resistant glass market is also driven by the growing safety concerns in commercial buildings and hospitals aimed at reducing fire based hazards. In addition increasing consumption of heat resistant glass in aerospace, automotive and transportation sector to enhance cabin comfort is expected to further drive consumption of heat resistant glass globally.

Lack of consumer awareness, high cost and technical limitations such as heat resistant glass not being good thermal conductor which on sudden change in temperature leads to expansion and contraction which may trigger breakage.

To overcome such restraints heat resistant coatings on flat glass are applied for use in automobile and in commercial building which is acting as substitute of heat resistant glass. Some of these aforementioned factors are expected to restrain growth of global heat resistant glass market.

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Heat Resistant Glass Market: Key Players

Heat resistant glass market place is marked with the presence of manufacturers, glass fabricators, distributors, and importers. In case of construction industry, role of small and medium scale fabricators and component providers become very important as the demand from construction industry differs in terms of volume, shape, size and specifications.

Civil contractors, architects and designers mostly rely on fabricators and distributors for their activities. Some examples of heat resistant glass market participants include Cincinnati Gasket & Industrial Glass Products and Solutions, Asahi Glass Co.,Ltd., Corning Incorporated, SCHOTT North America, Inc.,  SCHOTT AG, CoorsTek, Inc., Vesuvius PLC, Nippon Sheet Glass Co., Ltd., CeramTec and others.

The heat resistant glass market 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, and geographies.

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The heat resistant glass market report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Heat resistant glass market regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (Turkey, South Africa, GCC Countries)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, 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 segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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.

Contact Us

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