DDoS Protection and Mitigation Security Market Outlook, New Opportunity & Demand Analysis, Forecast 2022-2032

According to a recent study done by FMI, the DDoS protection and mitigation security market is expected to reach US$ 13.3 Billion by 2032, up from US$ 3.8 Billion in 2022, expanding at a high CAGR of 13.4%.

This study explains that the key factors such as growing demand for sophisticated security solutions, evolving regulatory landscape, and growing volumes of business data across industries are expected to accelerate the DDoS protection and mitigation market during the forecast period.

The IoT ecosystem consists of numerous connected devices, gateways, servers, and other endpoints. With IoT gaining traction in a multitude of industries, such as smart manufacturing, healthcare, and connected vehicles, and expanding the scope of its applications, the network in use is growing complex and number of devices in the connected ecosystem is multiplying. With changes in the business environment, security requirements are also changing.

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Instances of massive DDoS attacks are gradually increasing across the globe. The attackers are using sophisticated tools to induce attacks, which may go undetected during initial phases.

Some of the significant DDoS attacks include Domain Name System (DNS) amplification attacks, NTP attacks, and Chargen-focused attacks. The multiple attack techniques used by hacktivist groups are leading to a huge financial loss for individuals, enterprises, and governments. Hence, deployment of DDoS protection and mitigation software in various industries is rising.

Know More About What the DDoS Protection and Mitigation Security Market Repost Covers

Future Market Insights offers an unbiased analysis of the global DDoS Protection and Mitigation Security Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the DDoS Protection and Mitigation Security Market, the market is segmented on the basis of component, application area, deployment mode, and vertical across five major regions.

Key Takeaways from the Market Study

  • Global DDoS protection and mitigation security market was valued at US$ 3.8 Billion by 2022-end
  • The US to account for the highest value share of US$ 4.7 Billion of global market demand for DDoS protection and mitigation security market in 2032
  • From 2015 to 2021, DDoS protection and mitigation security demand expanded at a CAGR of 15.4%
  • By Component, the Services category constitutes the bulk of DDoS Protection and Mitigation Security Market with a CAGR of 13.1%.

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Competitive Landscape

Players in the global DDoS Protection and Mitigation Security Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships.

The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In August 2021, Radware had partnered with hybrid infrastructure solutions provider INAP to provide global cloud web application security and protection against distributed denial of service (DDoS) attacks. INAP will deploy Radware’s security protections to organizations across various industries, including ad tech, healthcare, entertainment and gaming, financial services, ISF, and software as a service, amongst others.
  • In March 2022, Corero Network Security provider of real-time, high-performance DDoS cyber defense solutions extended its automatic protection against Botnet and Carpet Bomb attacks. The company’s mission is to make the internet a safer place to do business by protecting against the disruption and downtime caused by DDoS attacks.
  • In February 2022, Radware acquired SecurityDAM for USD 30 million with contingent payments of up to USD 12.5 million for Radware’s cloud DDoS protection service after the deal.

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Key Segments Covered in the DDoS Protection and Mitigation Security Market Report

DDoS Protection and Mitigation Security Market by Component:

  • DDoS Protection and Mitigation Security Hardware Solutions
  • DDoS Protection and Mitigation Security Software Solutions
  • DDoS Protection and Mitigation Security Services
    • Professional Services
    • Managed Services

DDoS Protection and Mitigation Security Market by Application Area:

  • DDoS Protection and Mitigation for Network Security
  • DDoS Protection and Mitigation for Endpoint Security
  • DDoS Protection and Mitigation for Application Security
  • DDoS Protection and Mitigation for Database Security

DDoS Protection and Mitigation Security Market by Deployment Mode:

  • On-premise DDoS Protection and Mitigation Security
  • Cloud-based DDoS Protection and Mitigation Security
  • Hybrid DDoS Protection and Mitigation Security

DDoS Protection and Mitigation Security by Vertical

  • DDoS Protection and Mitigation Security for Government and Defense
  • DDoS Protection and Mitigation Security for BFSI
  • DDoS Protection and Mitigation Security for Manufacturing
  • DDoS Protection and Mitigation Security for Energy and Utility
  • DDoS Protection and Mitigation Security for IT and Telecommunication
  • DDoS Protection and Mitigation Security for Healthcare
  • DDoS Protection and Mitigation Security for Education
  • DDoS Protection and Mitigation Security for Retail
  • DDoS Protection and Mitigation Security for Other Verticals

DDoS Protection and Mitigation Security Market by Region:

  • North America DDoS Protection and Mitigation Security Market
  • Latin America DDoS Protection and Mitigation Security Market
  • Europe DDoS Protection and Mitigation Security Market
  • Asia Pacific DDoS Protection and Mitigation Security Market
  • Middle East and Africa DDoS Protection and Mitigation Security Market

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IoT In Utilities Market Regional Analysis; Historical Market & Forecast 2022-2032

The worldwide IoT in the utility market is assessed to collect US$ 129.1 Billion while exhibiting a 11.9 % CAGR during the figure time frame. The growing help from a few legislatures is probably going to fuel the market development in the coming years. The industry is supposed to get US$ 41.8 Billion in 2022.

The swelling meaning of IoT in Utilities has empowered the public authority of different nations to make investments in the area, which is probably going to help the market. For instance, the U.S government means to diminish fossil fuel byproducts by 50-52% by 2030 and achieve the objective of 100 percent clean energy by 2032.

In this manner, the ongoing US administration designated roughly US$500 billion to finance the improvement of new infrastructure over the course of the following five years. Alongside this, few central members are developing new programming to expand the meaning of IoT in the ordinary world. For instance, IBM Corporation is developing its own IBM Watson IoT Platform which stresses being straightforward, secure, and adaptable.

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The resource the board and monitoring fragment is probably going to offer gainful open doors for the worldwide IoT in the utility market. A few central participants are investing in IoT-empowered resource the board for better enhancement of their resources.

Since this framework could aid any instance of glitch or breakdown, the section is catching the eye of various makers. AUM in the United States has risen practically fivefold comparative with GDP since 1946 from around half of GDP to 240% by 2021.

Key Takeaways:

  • By component, the platform segment is expected to record an 11.4% CAGR by 2032
  • By solution, the asset management & monitoring segment to expand at an 11.4% growth rate during the forecast period
  • The U.S market to garner US$ 44.6 Billion and record an 11.6% CAGR from 2022-to 2032
  • Market in China to procure US$ 9 Billion, expanding at a 13% growth rate during the assessment period

“Rising application in Smart Manufacturing, Smart Transportation, Smart Energy, Connected Healthcare, and Smart Building is likely to push the growth of the IoT solution and services market in the forecast period.”

Competitive Landscape

Key players in the global IoT in the utility market include IBM, Oracle, Verizon, Cisco, and Vodafone, among others. Recent developments among key players are:

  • In January 2022, Cisco announced a new ruggedized Catalyst switch for industrial edge uses at utilities, railways, oil and gas facilities, and for deployment in highway traffic flow and safety operations. The new rack-mountable Catalyst Industrial Ethernet 9300 switch builds on Cisco’s Catalyst 9000 series switches are now used in multiple applications including smart buildings and other industries.
  • In July 2019, HCL Technologies (HCL), a leading global technology company, expanded its strategic transformation partnership with AMS OSRAM to digitize one of the optical solutions leader’s key business processes and drive enterprise resource planning and customer relationship management systems standardization across the organization. HCL will also continue to lead IT infrastructure operations integration for the client.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global IoT in the utility market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on component (management, safety and security, supervisory control and data acquisition, workforce management, network management and customer information system and billing system), solution (asset monitoring and management, safety and security, supervisory control and data acquisition, workforce management, network management and customer information system and billing system), service (consulting, integration and deployment and support and maintenance) and application (water and wastewater management, utility gas management, and electricity grid management) across five major regions (North America, Europe, Asia Pacific, Middle East & Africa and Latin America).

Key Segments Covered in the IoT in Utilities Industry Survey

IoT in Utilities by Component:

  • IoT in Utilities Platform
  • IoT in Utilities Solutions
    • Asset Management & Monitoring
    • Safety and Security
    • Supervisory Control and Data Acquisition
    • Workforce Management
    • Network Management
    • Customer Information System and Billing System
  • IoT in Utilities Services
    • Consulting
    • Integration and Deployment
    • Support and Maintenance

IoT in Utilities by Solution:

  • IoT in Utilities for Asset Monitoring and Management
  • IoT in Utilities for Safety and Security
  • IoT in Utilities for Supervisory Control and Data Acquisition
  • IoT in Utilities for Workforce Management
  • IoT in Utilities for Network Management
  • IoT in Utilities for Customer Information System and Billing System

IoT in Utilities by Service:

  • IoT in Utilities Consulting
  • IoT in Utilities Integration and Deployment
  • IoT in Utilities Support and Maintenance

IoT in Utilities by Application:

  • IoT in Utilities in Water and Wastewater Management
  • IoT in Utilities in Utility Gas Management
  • IoT in Utilities in Electricity Grid Management

IoT in Utilities by Region:

  • North America IoT in Utilities Market
  • Europe IoT in Utilities Market
  • Asia-Pacific IoT in Utilities Market
  • The Middle East & Africa IoT in Utilities Market
  • Latin America IoT in Utilities Market

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Immersion Cooling Market | Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032

The global Immersion Cooling Market is projected to reach US$ 2.1 Bn by 2032 from US$ 300.3 Mn by 2022. The expected growth rate during the forecast period is 21.5%.

Immersion cooling is likely to be driven by increasing server rack density and chip density, new use cases such as hazardous edge computing settings, and demand to reduce energy consumption during data center cooling.

Over the projection period, the demand for immersion cooling is likely to be driven by data centers’ increasing desire for cost- and energy-efficient cooling solutions. Because of the proliferation of the Internet of Things (IoT) and Artificial Intelligence (AI), businesses are dealing with massive amounts of data that require higher density IT gear to perform at an enterprise level.

Existing data centers are unable to adapt to new types of workloads, which has fueled demand for immersion cooling data centers, which consume less power and take up less space. Data centers in the United States are increasingly migrating to public and private cloud platforms, which is expected to positively impact the immersion cooling market adoption trends.

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Moving to the cloud has various advantages, including increased scalability and elasticity, lower total operational expenses, and lower capital expenditure. Furthermore, the increasing volume of data transmission and the rise of big data has heightened the significance of safe data centers and immersion cooling.

As a result of such activities, the usage of IoT devices is predicted to increase, which is projected to increase the demand for immersion cooling systems. Data centers have traditionally relied on air cooling technologies.

Energy consumption rises when data center facilities install more technology to meet expanding needs, resulting in higher operational expenses. Rising energy consumption improves power usage effectiveness, which is a key component in determining data center energy efficiency.

As computers are meant to perform demanding computations become more powerful, air-based cooling solutions struggle to keep up with the heat created by these chips. Immersion cooling systems are a viable alternative since they require less hardware, lowering operating costs and lowering energy use.

As per the global immersion cooling market study by Future Market Insights, the lack of rules and regulatory requirements for immersion cooling is a significant barrier to its widespread adoption.

Standardization is recommended in non-homogeneous computational environments because standardized products are interchangeable. Because proprietary systems that are incompatible constitute a market barrier, specifications and standards must be developed to enable the global deployment of immersion cooling for data center equipment.

Key Takeaways

  • In the immersion cooling market, the cryptocurrency mining application is predicted to develop at the fastest rate. This industry is very competitive because of the tremendous potential for growth in nations such as the United States, Japan, India, and Germany.
  • The US immersion cooling market size is expected to reach US$ 1.8 Bn by 2032.
  • During the forecast period, the single-phase immersion cooling type segment is predicted to lead the market and grow at the fastest CAGR. Because it is less expensive to set up and more energy-efficient, demand for single-phase immersion cooling is expected to continue to grow.
  • Because of the high concentration of hyper-scale data centers in these nations, the United States and Canada are key revenue contributors to the North American immersion cooling market. The United States is home to 40 per cent of the world’s total hyperscale facilities.

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Competitive Landscape

Owing to the firms in the industry are constantly developing new cooling solutions with the ability to cool very dense storage components, the market is fairly concentrated. They’re also spending money on research and development to come up with new solutions that are projected to help the sales of immersion cooling grow even more.

In terms of the data center industry, there is a slew of merger and acquisition activities going on around the world, which is predicted to improve various players’ ability to invest in modern cooling infrastructure. Fujitsu Limited, Green Revolution Cooling, Submer Technologies, and others are key players.

Recent Developments

Wiwynn Corporation and Microsoft teamed up in April 2021 to create a two-phase immersion cooling system for data centres. The partnership’s technology advancements will be evaluated at a Microsoft-owned data centre in Quincy, Washington.

Iceotope Technologies Ltd. announced the release of a highly scalable, GPU-rich, and liquid-cooled solution for the deployment of HPC and AI workloads in colocation using Lenovo ThinkSystem SR670 servers in January 2021. The Ku:l Data Centre solution is able to withstand the increased heat loads brought on by processor roadmaps.

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Silent Generator Market | Size, Top Key Players, Latest Trends, Regional Insights and Industry Dynamics By 2032

The manufacturing sector’s development is driving demand for silent generators, as the sector’s outdated transmission and distribution infrastructure can’t keep up with its demands for consistent and dependable electricity.

The manufacturing sector in the Asia Pacific has experienced an increase in demand for silent generators, and the silent generators market is likely to rise as a result of the requirement to avoid noise pollution. Increased demand for portable silent generators has resulted from an increase in the number of power outages caused by ageing grid infrastructure and adverse weather events.

Power outages are driving up demand for power backup solutions as well as an uninterrupted and dependable power supply to meet emergency needs. To meet this requirement, the demand for low-noise generators is on the rise. Enclosures for silent generators are meant to be soundproof and vibration-free. As a result, they are environmentally benign and excellent for use in residential settings.

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The demand for products and services is expanding as a result of increased urbanisation, moving the manufacturing sector forward. Moreover, numerous Asian governments have inked extra-regional trade agreements in order to establish themselves as global industrial centres.

During the projection period, the increased use of energy storage products and the development of renewable energy power generation technologies are projected to stifle demand for any silent fuel-based power generators, limiting regional silent generators market growth.

To establish smart grids and raise awareness about energy saving, a number of supportive regulations and requirements have been implemented across the world. These laws are propelling the smart grid industry forward in industries such as industrial, commercial, and residential applications.

Aside from that, large sums of money have been invested in the construction of smart grids. As a result, these T&D expansion initiatives are likely to stifle the silent generators market’s growth throughout the forecast period. Increasingly, the implementation of distributed power production technologies results in a decentralized energy system in which silent generators assist in meeting local power demand or requirements via the network.

Power quality issues, scheduled rolling blackouts, unplanned utility power outages, and rising power costs are all contributing to a rise in energy demand from distributed energy resources.

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Silent gas generators have better efficiency and more stable generating capacity than other dispersed power generation technologies, giving them an advantage for on-site generation and backup power demands.

As a result, silent gas generator manufacturers should expect profitable prospects as dispersed power production grows. There are new requirements for generator makers in terms of gaining permits and noise pollution. The revised rules’ primary goal is to reduce air and noise pollution caused by DG sets.

Manufacturers should also offer an acoustic enclosure to reduce or eliminate noise caused by diesel generator components. This poses a significant challenge to the silent generators market’s developing and local businesses.

Key Takeaways:

  • North America accounted for a 36.7% share of the silent generator market in 2020.
  • Based on the fuel used in silent generator systems, the fastest-growing silent generator market is expected to be the diesel component.
  • The quiet section is predicted to be the fastest-growing silent generator market based on the sound level of silent generating systems.
  • During the projection period, the stationary segment is expected to have the largest silent generator market share.
  • According to the phase of silent generator systems, the single-phase silent generator market is expected to develop at the quickest rate.
  • By power rating, the Up to 25 kVA category is expected to have the largest silent generator market share over the projection period.
  • By application, the standby and peak segment is expected to have the largest silent generator market share over the projection period.
  • By application, the Residential sector is expected to have the largest silent generator market share over the projection period.

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Competitive Landscape:

  • Cummins Inc. (US) introduced the QG 2800i and 2500i RV inverter generators in January 2021, which are 60% quieter than previous models. Gasoline and liquid propane are used to power them. The Onan QG 2800i and 2500i are inverter-based generator sets with 2.8 and 2.5 kW, respectively, designed for Class B and truck campers.
  • Rolls-Royce stated in November 2020 that it would invest up to USD 13.9 million in its Power Systems business unit to establish a new R&D building and expand its MTU power generating manufacturing plant in Mankato, Minnesota (US).
  • Atlas Copco (Sweden) purchased Eco Steam and Heating Solutions (Netherlands), a manufacturer of industrial steam and water boilers, in May 2021. Within the Power Technique business sector, this company will be a member of the speciality retinal division.
  • Generac (US) and Enchanted Rock (US), a microgrid supplier, signed a 5-year deal in September 2021. To grow the supply of microgrids, Generac will provide modern natural gas generators and control systems.
  • Greaves Cotton Limited (India) released the ‘Greaves Genius (India)’ smart Genset in June 2020, which can also be utilised in silent generators. This smart generator is equipped with a high-speed data-transmitting smart gadget that allows for real-time operation tracking on a mobile phone.

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Power Transmission Lines and Towers Market | Size, Growth Analysis Report, Forecast to 2032

The power transmission lines and towers market was valued at USD 27.23 billion in 2021 and is expected to reach USD 66.80 billion by 2032, increasing at a 8.5% CAGR.

The growing interest in adopting a renewable energy mix and increased demand for efficient lines and towers with low energy losses will drive power transmission lines and towers market growth.

Furthermore, a considerable increase in investments in cross-border grid networks, following the rising integration of renewable energy networks throughout the world, would benefit the business picture.

The power transmission lines and towers market was slightly impacted by the COVID-19 pandemic, with a decrease in sales of power transmission lines and towers due to the delay of numerous transmission line and tower projects, which was further driven by limited investments from public and private players, as well as the restricted labor movement.

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Given the reduction of COVID-19 infected patients, the power transmission lines and towers market is expected to regain its strength by the end of 2021. Governments in both developed and emerging economies invest in and update urban infrastructure. These factors will drive the power transmission lines and towers market. Many emerging nations’ smart cities projects will necessitate increased power demand.

Peak load demand for power transmission lines and towers has increased because, as disposable money has increased, people’s level of living has altered, providing them access to all the comfort-giving consumer items they need or desire to use to feel comfortable.

The growing peak load demand for power transmission lines and towers will be driven by the electricity transmission cables and towers. In other words, the increased luxury in people’s lives is increasing peak load demand for power transmission lines and towers. Furthermore, urbanization in both developed and emerging nations is increasing peak load.

The developing world’s technical growth is gradual. The main challenge of the power transmission lines and towers market in emerging regions is that they have infrastructural problems, and urbanization is accelerating. As a result, electricity transmission cables and towers may be constrained.

As a result, the organisation focuses mostly on infrastructural development and urbanisation, rather than technical advancement. To fulfil the demand for infrastructure and urbanisation, there is a growth in power transmission lines and towers investment for better and more efficient electricity transmission.

Governments in both developed and emerging economies invest in and update urban infrastructure. Many emerging nations’ smart cities projects will necessitate increased demand for power transmission lines and towers.

The ultra-high tension section of the power transmission lines and towers market leads the market in terms of product. Expansion of extra- and ultra-high-tension transmission infrastructure to meet increased energy demand in the industrial and commercial sectors would supplement the expansion of the HVDC power lines business.

According to the Application, the transmission Lines section of the power transmission lines and towers market is predicted to increase at the fastest pace over the forecast period. Increased expenditures in transmission line infrastructure are driving the business outlook.

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Key Takeaways:

  • The conventional segment maintained the conductor category’s largest power transmission lines and towers market share, accounting for approximately 58.6%.
  • The PVC sector accounts for 47.28% of the power transmission lines and towers market share in the insulating category.
  • The voltage segment (221 kV to 660 kV) accounts for 51.25% of the power transmission lines and towers market share.
  • HVDC accounts for 61.20% of power transmission lines and towers market share in the present sector.
  • During the forecasted period, the ultra-high tension category accounts for the greatest CAGR of roughly 15.33% in the application segment of the power transmission lines and towers market.
  • The Asia-Pacific region has the largest power transmission lines and towers market share, accounting for around 44.35%.

Competitive Landscape:

The power transmission lines and towers market study report will provide valuable insight with an emphasis on the global market. The major players in the power transmission lines and towers market are Siemens, ABB, GE, EMC, K-Line, ICOMM, CG, KEC, Aurecon, Arteche, Mastec, Sterling & Wilson.

  • Nexans signed a contract for more than USD 240 million with Ariadne Interconnection, a transmission system operator, for the Greece electricity grid in May 2020. Under the arrangement, the business will design, manufacture, implant, and committee a 500 kV HVDC cable system throughout a 335-kilometer stretch.
  • In October 2021, Reliance Industries Ltd’s wholly-owned subsidiary Reliance New Energy Solar Ltd agreed to buy up to a 40% stake in Sterling & Wilson Solar for Rs. 2,845 crores.

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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 favour 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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Composite Insulators Market | Growth, COVID Impact, Trends Analysis Report Forecast to 2032

As per the market analysis report by Future Market Insights (FMI), the global composite insulators market is forecasted to reach a value of US$ 4.2 Bn in 2032 from US$ 2 Bn in 2021 by recording an impressive CAGR of 7% during the forecast years.

The growing demand for revamping the existing electrical network aided with more safety features has been the major factor behind the growing demand for silicone rubber polymer composite insulators in particular and the composite insulators market.

Delivering clean, reliable and affordable sources of electricity requires the establishment of more transmission lines to reduce the wastage in long-distance distribution networks. This situation is expected to foster the global composite insulators market providing the composite long rod insulators used for high voltage wires.

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After discovering vaccines for controlling the Covid-19 spread, national governments are increasingly spending on infrastructure development for reviving a pandemic hit economy.

Electricity supply is the most crucial utility service is focuses on establishing transmission lines for wide distribution, creating a massive demand for composite line post insulators across the geographical regions.

“Growing concern for deploying energy-efficient technologies in distribution and consumption of electrical energy has rendered the silicone composite insulators as the best alternative.”—opines an FMI analyst.

Due to the larger geographical area and a higher population count, the Asia Pacific region is estimated to experience robust growth in the composite insulators market.

State-owned utility companies are at the forefront in the purchase and installation of composite post insulators in their respective area of operation, favouring the growth of the market predicted to reach up to a value of US$ 1 Bn by 2028.

Key Takeaways

  • The pin insulators market segment is expected to be the highest growing sector during the forecast years by a record CAGR of more than 6%.
  • Asia Pacific Region is poised to be a market of more than US$ 1 Bn in terms of revenue. Composite post insulators are to be the primary drivers.
  • North America will experience a slight slowdown in the growth of composite insulators demand, registering a CAGR of 6% during the forecast years.
  • Overall global composite insulator market is predicted to reach up to a valuation of US$ 3 Bn by the end of the year 2028.

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Competitive Landscape

Some of the major players covered by the market report include GE, Siemens Energy, Lapp Insulators Group, Seves, Bharat Heavy Electricals Limited (BHEL), GIPRO GmbH, Olectra Greentech Limited, TE Connectivity, Hitachi Energy Ltd.

The organized sector in the global composite insulators market catering to large industrial consumers will face a significant challenge from the growing number of unorganized sectors flooding the local markets with cheap alternatives of composite tension insulators.

  • The government of Thailand announced in June 2019 to complete the rail project worth US$ 7.2 Bn. This rail project linking the Don Mueang, Suvarnabhumi and U-Tapao airports is expected to significantly grow the demand for composite polymer insulators in the local market of the Asia Pacific region.
  • Cricket Valley Energy Centre LLC announced to complete the construction of the natural gas-fired power plant in Dover in 2019. The project to complete 75.6% of this 1,100 Mega Watt project is expected to significantly increase the company’s demand for transmission line post insulators.
  • For Cable lightening of the high-speed train power supply, the supply of composite insulators and protection devices will be done by Wish Composites Co., Ltd., which won the bidding in March 2019 for it. The company will also supply the composite suspension insulator components for Xi’ a Metro Co., Ltd.

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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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Portable Inverter Generators Market | Size, Historical Growth, Analysis, Opportunities and Forecast To 2032

In 2021, the portable inverter generators market was valued at more than USD 1.9 billion, and it is expected to grow at a CAGR of around 7% from 2022 to 2028.

By 2028, the global industry’s annual installation is expected to exceed 3.7 million units. The growing demand for portable power has pushed the world toward adopting portable inverter generators that can generate electricity at the user’s leisure. During the forecast period, more gasoline portable inverter generators are expected to be sold.

With the ever-changing demands of individual consumers on power usage and the growing proliferation of electronic devices, portable inverter generators are finding new utility applications. However, as the global power grid strives for sustainability, power outages cost millions of dollars in lost revenue.

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Compared to traditional generators, incorporating inverter technology in generators contributes to higher quality maximum power output with minimal surges. The microprocessor in inverter generators can calculate the amount of power consumed and then control and regulate the speed of the generator to optimize the equipment’s power consumption.

Developed countries are seeing an increase in the abuse of available power. Developing countries are struggling to reduce the challenges in their electricity distribution network, creating a disparity in the global power distribution network and increasing demand for portable inverter generators.

Key Takeaways:

  • In 2021, the market for 1 kVA to 2 kVA portable inverter generators will exceed USD 915 million. The growing consumer preference for units with a smaller surface footprint and greater portability will help these generators maintain dominance in the portable inverter generators market.
  • The gasoline segment is projected to expand at a CAGR of 7% through 2022-2032. Due to its low cost and portability, gasoline is the most popular fuel for inverter generators.
  • Along with its unlimited availability, gasoline is preferred in air-cooled backup generators. Due to their user-friendly control panel, inverter generators are quiet and simple to operate, influencing the portable inverter generators market.
  • The absence of an ignition system in diesel-powered portable generators ensures low maintenance costs and low ignition risks, as well as longer shelf life. Portable diesel inverter generators can operate in various environments and handle high power loads for extended periods.
  • North America portable inverter generators market held 35% of revenue share in 2021, owing to an insufficient power supply and increased demand for continuous & reliable power supply. Due to increased commercial and construction activities, the European market is expected to grow at a CAGR of 5% by 2032.

Competitive Landscape:

Cummins, Kirloskar Oil Engines Limited, Briggs & Stratton, Kohler, Generac Power Systems, Yamaha Motor Co., Honda Motor Co., Caterpillar, Atlas Copco, Honeywell International, Wacker Neuson SE, Deere & Company, Champion Power Equipment, DuroMax Power Equipment, FIRMAN Power Equipment, Westinghouse Electric Corporation, WEN Products, A-iPower, Mitsubishi Heavy Industries, and HIMOINSA are among the key players operating in the portable inverter generators market. To meet the immense competition in the portable inverter generators market, the major players are leading the way toward digital advancements while forming mergers and acquisitions.

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Recent Developments in the Portable Inverter Generators Market:

  • Cummins introduced the QG 2800i and 2500i, which are 60 per cent quieter RV inverter generators for the recreational vehicle market, in January 2021. They are powered by gasoline and liquid propane (LP). The Onan QG 2800i and 2500i are 2.8-kW and 2.5-kW inverter-based generator sets designed primarily for Class B and truck campers.
  • Honda launched the Honda My Generator Bluetooth App in September 2019, allowing users to start (electric start models only), stop, and monitor critical operations of Honda portable generators via a Bluetooth interface on a smartphone.
  • Pika, a manufacturer of home energy storage systems, was acquired by Generac in May 2019. The acquisition combined Pika’s capabilities with mobile industrial and commercial generators.

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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 favour 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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Social Media Content Creator Market is Expected to Progress at a CAGR of 13.1% from 2022 – 2032 | FMI

The Social Media Content Creator Market registered a 13.1% CAGR during the forecast period (2022-2032). The social media content creator market is projected to reach US$ 2,510.86 Mn in 2022 and US$ 8,567.93 Mn by 2032.

Because the majority of the operations are conducted for the most part from isolated locations, so the creation of digital content assists organizations with their digital strategies, thereby propelling sales of social media content creation.  Digital content creation worldwide is expected to expand substantially owing to this trend.

Over the past two years, this has driven the digital content creation market to grow, as the increasing prevalence of COVID-19 has encouraged companies to focus on strengthening their digital footprint.

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ClickStream’s former CEO and creator of ‘Joey’s Animal KingdomTM’, Nate Bernard, said, “With technology becoming a staple of how we communicate, learn, and entertain, we see Joey’s Animal KingdomTM as a great opportunity to innovate as well as use digital as a platform to entertain and educate kids. ‘Joey’ will be the first of many educational children’s series for ClickStream.”

As Twitter enters the second half of 2021, Jack Dorsey, CEO commented, “We are shipping more, gaining knowledge faster, and hiring extraordinary staff.” We reached 206 million average monetizable DAUs (mDAUs) in Q2, up a staggering 11% year over year and 3% quarter over quarter. There’s an enormous opportunity to get Twitter used by the world.”

However, a key obstacle to the growth of the digital content creation market is the availability of open-source software. In addition, increasing digitalization, the availability of high-speed internet connectivity, and the burgeoning popularity of social media marketing are expected to drive the market of digital content creation.

Today, several companies are active in the markets, including ClickStream Corporation (OTC: CLIS), Twitter, Inc. (NYSE: TWTR), Snap Inc. (NYSE: SNAP), Nexstar Media Group, Inc. (NASDAQ: NXST), and Comscore, Inc. (NASDAQ: SCOR).

Global demand for social media content creator is surging; social media content creator market to grow at a CAGR of 12.2% through 2032. Trading app’s will be driven by:

  • The digital skills of children who participate in more online activities tend to be better than those engaged in fewer online activities. Future trends & opportunities are driving the digital content creation market.
  • By encouraging their children to do exciting things online that will enhance learning and personal development, parents can facilitate rather than hinder their use of the internet.
  • Comscore, a worldwide media information company that helps organizations plan, transact, and evaluate media across platforms, announced last week that it had developed a personification technology for its video products.
  • Based on Comscore’s household-level information, we’re able to continue and expand reporting on person-level behavior with this new methodology aligned with our long-term strategy of leveraging data at scale.

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In partnership with ClickStream Corporation, an app company focused on developing disruptive apps and digital platforms for traditional industries, ClickStream announced today the production of and launch date for their initial 20-episode series, ‘Joey’s Animal KingdomTM, a show that takes kids all over our planet to see incredible animals and creatures. The WOWEEAPP.COM app includes more than just the ability to watch video and learn about animals; it also features live quizzes and games, as well as kid profiles and virtual reality games.

The demand for digital content creation tools is expected to increase significantly during the forecast period due to the arrival of virtual reality and artificial intelligence.

Key Segments

By Social Media Platform Type:

  • Social Networks
  • Media Sharing Networks
  • Discussion Forums
  • Others

By Digital Content Creator Type:

  • Blogger
  • Digital Writers
  • Freelancer
  • Others

By End Use:

  • Marketing
  • Public Relations
  • Business
  • Journalism
  • Literature
  • Media & Entertainment
  • Others

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By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

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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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District Heating Market | Current and Future Trends, Leading Players, and Regional Forecast By 2032

The district heating market was valued at USD 170 Bn in 2021 and is expected to grow at a CAGR of 4% to approximately USD 260 Bn by 2032. District energy is a rapidly growing industry around the world, fueled by the aggressive climate goals set by the world’s economies.

Based on preliminary evaluations, some district heating and cooling companies like Vattenfall and Goteborg are identified as operations with extraordinary growth and value potential with a different holding structure.

Higher renewable energy levels can be used for thermal purposes by incorporating electrically powered heat pumps into the district heating supply, resulting in integration and balance between energy systems.

With a growing global wind turbine capacity, large heat pumps will play an important role in sustaining global green energy development and the quest to phase out fossil fuels by 2050.

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District heating is a method of delivering thermal energy to buildings (both residential and commercial) in hot water via a network of highly insulated pipelines. The potential for increased use of industrial district heating, on the other hand, is limited. Moreover, converting industrial processes to district heating involves varying heat loads across industries and processes.

The conversion to district heating results in an 11 percent reduction in electricity use, a 40% reduction in the use of fossil fuels, and a total energy end-use savings of 6% among industries.

It is possible to reduce global carbon dioxide emissions by 112,000 tonnes per year by converting industrial processes. However, the residential and commercial markets are expected to account for a sizable portion of the district heating market.

Key Takeaways:

  • As the power generation markettrend has shifted away from fossil fuels, owing primarily to environmental concerns, natural gas has gradually gained a sizable market share in the global district heating market.
  • The numerousadvantages of natural gas, such as lower costs and lower carbon emissions with exceptional efficiency, have aided in the growth of the district heating market.
  • Growing natural gas exploration activities in each region are also a determinant of the growing selection of these systems. Non-conventional energy sources such as solar and wind have also gained traction in recent years.
  • By 2028, the residential segment inthe district heating market is expected to be worth USD 89 billion. The continuous use of small heating systems, combined with strong investments in the real estate sector, has increased the demand for district heating systems in residential establishments.
  • By 2028, the commercial application segment inthe district heating market is expected to grow at a 5% annual rate.
  • Europe holds thelargest share of the district heating market. District heating systems use and distribute heat from various sources, which are traditionally viewed as a by-product and discarded.
  • Furthermore, estimates show that heat waste from electricity production and large industries in Europe is significant enough to meet Europe’s district heating market needs.

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Competitive Landscape

Major companies operating in the district heating market include Fortum, Vattenfall, Goteborg Energi, Statkraft, STEAG, RWE, Shinryo Corporation, Ørsted, NRG Energy, Ramboll Group A/S, Korea District Heating Corporation, Keppel DHCS Pte Ltd., LOGSTOR A/S, Kelag Warme GmbH, and Hafslund.

The district heating market is highly competitive. Therefore, companies are concentrating their efforts on broadening their customer base around the world. To gain a competitive advantage over the forecast period (2022-2032), key players in the district heating market are focusing on R&D investments in introducing new solutions, strategic alliances, and other organic & inorganic growth strategies.

  • Vattenfall and the Deutsche Telekom subsidiary Power & Air Solutionssigned a ten-year energy supply contract (Corporate Power Purchase Agreement, CPPA) based on solar power in February 2020. The renewable energy comes from a new solar park that the customer plans to build in Mecklenburg-Western Pomerania in mid-2021.
  • In collaboration with the Caisse des Dépôts et Consignation du Gabon, ENGIE Africa and its subsidiary AUSAR Energy began constructing eight hybrid solar power plantsin remote locations in the Northwest.

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 favour 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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Sustainable Aviation Fuel Market | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

According to Future Market Insights (FMI), the sustainable aviation fuel market was worth US$ 220 Mn in 2021 and is expected to reach US$ 15 Bn by 2030, with a CAGR of 60% from 2022 to 2032.

The COVID-19 virus has spread across the globe without regard for national boundaries. As a result, it has had a severe economic and financial impact on all industries, sectors, and facets of life, as well as tremendous uncertainty. Governments all over the world are canceling visas for foreign residents and closing down damaged areas, which is one of the principal factors for the aviation industry’s downturn.

The aviation industry is dedicated to lowering carbon emissions to create a more sustainable environment and comply with stringent emission laws. As a result, sustainable alternative fuels are being adopted by various participants in sustainable aviation fuel companies, such as improving aero-engine efficiency through design changes, hybrid-electric and all-electric aircraft, renewable jet fuels, sustainable aircraft fuel, and so on.

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Most military aircraft and commercial airlines use sustainable aviation fuel to enhance fuel efficiency and decrease operational costs. The sustainable aviation fuel market has grown significantly over the years, owing to the growing trend of advanced fuels being employed in aircraft all over the world.

The sustainable aviation fuel market trends such as an increase in the number of airline passengers combined with an increase in disposable income, an increase in air travel, and an increase in synthetic lubricant use all contribute to the worldwide sustainable aviation fuel market growth. However, oscillations in crude oil prices and lubricant contamination are anticipated to hamper sustainable aviation fuel market growth during the forecast period.

Furthermore, the developments of environmentally friendly and safe renewable jet fuel and the rise in demand for low-density lubricants to reduce weight are likely to provide various chances for market expansion throughout the forecast period.

In terms of revenue, North America leads the market, followed by Europe, Asia-Pacific, and LAMEA. In 2020, the United States will dominate the sustainable aviation fuel market. Due to an increase in demand for sustainable aviation fuel across the country, Mexico is predicted to grow at a high rate during the forecast period.

Sustainable aviation fuel offers airlines a chance to invest in the future. The predicted growth in demand for sustainable aviation fuel is unlikely to be reached unless airline operators boost their renewable aviation fuel obligations with bio-refineries, resulting in fuel cost and availability benefits.

With the predicted rise in the adoption of sustainable aviation fuel on a global scale, airport infrastructure investments are anticipated to grow.

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Key Segments

By Platform:

  • Commercial Aviation
  • Military Aviation
  • Business & General Aviation
  • Unmanned Aerial Vehicle

By Biofuel Blending Capacity:

  • Below 30%
  • 30% to 50%
  • Above 50%

By Type:

  • Total Stations
  • Global Navigation Satellite Systems (GNSS)
  • Laser Scanners
  • Sensors
  • Others

By Biofuel Manufacturing Technology:

  • Hydroprocessed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-
  • Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
  • Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
  • Alcohol to Jet SPK (ATJ-SPK)
  • Catalytic Hydrothermolysis Jet (CHJ)

By Fuel Type:

  • Biofuel
  • Hydrogen Fuel
  • Power to Liquid Fuel
  • Gas-to-Liquid

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

Key Questions Answered in the Report

  1. What is the Current Size of the Sustainable Aviation Fuel Market?
  2. What is the Growth Outlook for the Sustainable Aviation Fuel Market?
  3. What will be the Growth Projection for Sustainable Aviation Fuel Market?
  4. Which Fuel Type Witnesses the Highest Sales in the SAF Market?
  5. Which Region has the Highest Growth Rate?

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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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