Market Research Blog – Page 9224 – New Product Development

Teleradiology Services Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2016-2026

The global teleradiology services market size is estimated to register a CAGR of 21.0% over the forecast period. The growth of this market can be attributed to favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis.

Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions are augmenting the demand for the industry.

The report presents a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better view of the competitive landscape. It also provides details about the organic and inorganic business approaches undertaken by the key companies in the Teleradiology Services market to offer a holistic overview of the business landscape to the reader.

Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2100

It further covers all the relevant aspects of the market to help readers capitalize on emerging growth opportunities and gain maximum returns on their investments.

Key Highlights From The Report

The Hospitals & clinics segment dominated the market with a share of 54.6% in 2019 due to the growing adoption of teleradiology services by the hospitals & Clinics. Due to the pandemic, there is a shortage of radiologists, which have led to the increasing adoption of diagnostic imaging procedures in order to maintain workflow and increase efficiency.
The software segment is expected to experience the highest CAGR over the forecast period due to the growing demand for healthcare software to increase data transparency and improve patient outcomes.
Asia Pacific is expected to register the highest CAGR over the forecast period due to the increasing initiatives of the government to modernize the healthcare infrastructure and growing investments on the R & D for the production of advanced solutions.

Key participants include:

Philips Healthcare
Teleradiology Solutions
USRAD Holdings, Inc.
Everlight Radiology
MEDNAX, Inc.
ONRAD, Inc.
AGFA Healthcare
RAMSOFT, Inc.
Telediagnostic Solutions PVT. LTD.
CARESTREAM HEALTH, Inc.

Ask for Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-2100

Market segmentation

By Process Type:

Certified Reporting Services Process
Preliminary Reporting

By Service Type:

Emergency Nighthawk
Day Time Coverage
Subspecialty Reading
- Cardiac imaging
- Neuroradiology
- Nuclear scans
- Musculoskeletal studies
Second Opinion
Clinical Trails

By Modality:

X-Ray Scans
Computerised Tomograph (CT) Scans
MRI Scans
Ultrasound Scans
Nuclear Scans
Cardiac Echo
Mammography
Electromammography

Ask the Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-2100

By End User:

Hospital Pharmacies
Clinics
Ambulatory Surgical Centres
Radiology Centres

Explore Other Reports Links From Healthcare Market:

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 favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 4 years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Central Venous Catheter Market Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2022-2032

The global central venous catheter market is predicted to exhibit lucrative growth opportunities between 2022 and 2032, with a robust CAGR of 5.1%. The global market touched US$ 2.9 Bn in 2021 and is expected to enjoy a valuation of US$ 3.1 Bn by the end of 2022. Owing to the rising prevalence of cardiovascular diseases and cancers, the overall demand for central venous catheters is anticipated to increase with a total valuation of US$ 5.1 Bn by 2032.

As compared to the historical analysis of the global central venous catheter market, the CAGR registered was about 4.9% from 2012 to 2021. The present forecast period registered a growth of 5.1% from 2022 to 2032. The rising usage of central venous catheters across healthcare facilities for giving fluids, blood, or medications to critically ill patients is a key factor driving growth in the global central venous catheter market.

Central venous catheters are delicately placed in veins in the neck, groin, chest, or through veins in the arms in order to ease the delivery of fluids and therapies. This device is useful for patients who are unable to eat food or medicine through their mouths. Therefore, the rising prevalence of cardiovascular disease and chronic kidney disease, along with the growing need for prolonged intravenous therapies in critically ill patients, will continue to boost the demand for venous catheters during the forecast period.

To Get a Sample Copy of the Report visit: https://www.futuremarketinsights.com/reports/sample/rep-gb-949

Key Takeaways

There is a surge in the demand for various types of central venous catheter products due to which key manufacturers are investing in focusing on research and development to introduce better and more efficient products. Owing to these factors are likely to boost the growth throughout the forecast period.
Widespread technological advancements and the adoption of high-tech equipment in medical procedures and medical device insertions are bringing the central venous catheter market into the limelight. Increased usage of ultrasound-guided insertions has proved to improve the safety and effectiveness of CVC placement and helped in reducing the complications associated with the procedure.
More accessibility to product-based solutions, such as quality control and infection prevention guidelines has further fueled growth in the market resulting in a hike in the overall revenue growth of the global central venous catheter market.
The growth in the central venous catheter market is driven by the global burden of diseases, increasing expendable income, and the rising awareness of the adoption of surgical procedures for managing illnesses.
On the basis of product category, the non-tunneled catheter sub-segment accounts for about 77.0% of the total market share and is likely to retain its dominance during the forecast period. In order to efficiently care for critically ill patients, central venous catheter insertion is a routine and frequently required procedure.

Competitive Landscape

Prominent market players are focusing on upgrading their product portfolios by launching new and more advanced products. Besides this, they are increasingly showing interest in adopting different approaches and strategies including partnerships, mergers, acquisitions, and collaborations to improve their revenue share and expand their global presence.

Key Companies Profiled: Angio Dynamics, C.R. Bard, Teleflex Incorporated, B. Braun Melsungen AG, Kimal Healthcare, Comed B.V., Medtronic Plc, Smiths Medical, Vygon (UK) Ltd, Becton, Dickinson and Company, Argon Medical Devices, Inc., Boston Scientific Corporation, Cook Medical Incorporated, Medical Components, Inc., Fresenius Kabi AG

Read Full Report: https://www.futuremarketinsights.com/reports/central-venous-catheter-market

More Insights into the Central Venous Catheter Market

The U.S. will continue to dominate with its presence in the global central venous catheters market during the forecast period, accounting for the largest market share of around 40.5% in 2022. The growth is attributed to the rising prevalence of chronic diseases, the high adoption of central venous catheter insertions, and the strong presence of some of the leading medical device giants.

Over a period of time, there has been a significant rise in chronic diseases like cancer and heart disease in the U.S. With the presence of developed healthcare infrastructure and insurance and reimbursement policies for standard medical procedures, the market for central venous catheters accelerated at a CAGR of 5.2% through the forecast years, within the U.S.

Key Market Segments Covered in Central Venous Catheter Industry Research

By Product:

Dialysis Catheters
PICC Catheters
Implantable Port
CVC Catheters

By Property:

Anti-microbial Catheter
Non Anti-Microbial Catheter

By Design:

Single Lumen
Double Lumen
Multiple Lumen

By End User:

Hospitals
Ambulatory Surgical Centers
Dialysis Centers
Specialty Clinics & Others

Explore FMI’s Extensive ongoing Coverage on Healthcare Domain:

About Future Market Insights (FMI)

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

Contact:

Dermatology Devices Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2032 | Says FMI Analyst

The global dermatology devices market stands at US$ 5.1 Bn as of now and is slated to reach US$ 9.3 Bn by the year 2032 at a CAGR of 6.5% between 2022 and 2032 – Future Market Insights

Dermatology devices are being used by several medical service providers like hospitals, physician offices, dermatology clinics, and academic research institutes to check the growing incidences of skin ailments. Also, growing awareness about aesthetic procedures is there to add. On the other hand, developing economies are witnessing a noticeable expansion in healthcare infrastructure.

Request a Sample @ https://www.futuremarketins ight s.com/reports/sample/rep-gb-1187

Moreover, as per the UN Population Division, geriatric population is expected to reach 2.1 Bn by the year 2050. In other words, 22% of the global population would be aged 60 and above by the year 2050. It is a known fact that aging is linked with the skin’s progressive deterioration. As an outcome, aesthetic procedures like skin tightening and anti-wrinkle treatment are expected to take the dermatology devices market by storm in the years to come.

The American Society for Aesthetic Plastic Surgery has stated that the year 2019 alone saw 204,745 liposuction procedures being performed in people aged between 51 and 64. Plus, over 35K procedures were performed amongst people over 65 years of age. It further states that the year 2020 saw over 38K procedures in the ones aged between 55 and 69 and 3K+ procedures in those aged above 70.

The last 10 years have also seen a growing demand for non-invasive and minimally invasive aesthetic procedures over conventional surgical procedures. The major advantages offered by non-surgical alternatives/minimally invasive procedures include reduced scarring, less pain, and faster recovery.

Aesthetic procedures accelerating the dermatology devices market include cosmetic dermatology and aesthetic lasers. The application areas of aesthetic lasers include skin rejuvenation, hair removal, treating psoriasis, acne, removal of wrinkles, removal of tattoos, vascular lesions, skin resurfacing, and pigmented lesions. YAG and CO₂laser systems are the ones in most demand. They could be sold for over US$ 50K each and have been immensely popular amongst the users.

At the same time, the fact that dermatology procedures come with several probable side-effects can’t be ignored. These side-effects could be lightening or darkening of the affected skin after laser hair removal. Also, there could be redness or edema. Though red light therapy is looked upon as being safe and painless, there have been various complaints raised in this regard. For instance – RLT units resulting in blisters and burns. The dermatology devices market is likely to witness turbulence mentioned above in the forecast period.

Report Preview@ https://www.futuremarketinsights.com/reports/dermatology-devices-market

Key Takeaways from Dermatology Devices Market

North America holds more than 80% of the market share due to a sizable population opting for dermatology procedures in the wake of growing incidences of rosacea and eczema.
Japan leads the Asia-Pacific, accounting for over 40% of its market share due to rising geriatric population.
China is expected to witness a CAGR of ~7% in the dermatology devices market going forward.
With rising occurrences of skin issues, the UK holds 12% of the Europe’s share and the status quo is expected to remain the same even in the forecast period.
Laser accounts for more than 40% of the overall market share.
Application-wise, skin rejuvenation holds ~20% of the market share.
By end-user, specialty dermatology clinics holds more than 38% of the market share.

“With aesthetic appeal getting prioritized, the global dermatology devices market is poised to grow inadvertently in the forecast period” says an analyst from Future Market Insights.

Competitive Arena

Cynosure, Inc., in 2022, entered into collaboration with Clayton, Dubilier & Rice, so as to announce a novel investment of US$ 60 Mn from the latter.
Lumenis, in 2021, inked a definitive agreement, so as to sell ‘Lumenis Surgical Business’ to ‘Boston Scientific’.
Candela, in 2022, did collaborate with The Vascular Birthmarks Foundation, Dr. Giacomo Colletti, Laserplast, so as to enable over 30 pre-qualified patients from as many as 13 countries for receiving free laser treatments in Italy (Milan).
Canfield Scientific, in 2022, completed acquisition of Medici Medical s.r.l. for creating Canfield Scientific s.r.l., for opening high class facility adjoining Modena and launching medical dermatology education program.
Alma, in 2021, tabled Alma PrimeX – a non-invasive platform for skin tightening and body contouring.

What does the Report Cover?

Future Market Insights offers an exclusive perspective and various real-time insights on the dermatology devices market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
The research study is based on product type (lasers (fractional, diode, infrared 1319 nm, Alexandrite laser, Nd: YAG 1064 nm, pulsed, KTP (potassium titanyl phosphate)), IPL devices, RF devices, microdermabrasion devices, and likewise), by application (vascular lesions (Telangiectasia, Hemangiomas, Port wine stains, and Venous lakes), scar removal (red or hypertrophic scars and hyperpigmentation), tattoo removal, hair removal, wrinkle removal, acne treatment, skin rejuvenation, pore reduction, and likewise), and by end-user (hospitals, specialty dermatology clinics, and private clinics).

Ask an Analyst@ https://www.fu turemarketinsights.com/ask-question/rep-gb-1187

Key Market Segments Covered In Dermatology Devices Industry Research

By Product Type:

Lasers
- Fractional
- Diode
- InfraRed 1319 nm
- Alexandrite laser
- Nd: YAG 1064 nm
- Pulsed
- Potassium Titanyl Phosphate (KTP)
IPL devices
RF Devices
Microdermabrasion Devices
Others

By Application:

Vascular Lesions
Scar Removal
Tattoo removal
Hair removal
Wrinkle Removal
Acne Treatment
Skin Rejuvenation
Pore Reduction

By End User:

Hospitals
Specialty Dermatology Clinics
Private Clinics

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape:

About Future Market Insights (FMI)

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

Contact:

Battery Energy Storage System Market to be US$ 44.86 Bn by 2032 | Future Market Insights, Inc.

According to an analysis by Future Market Insights (FMI), the battery energy storage systems market is expected to be valued at US$ 44.86 Bn in 2032, with 26% CAGR during the forecast period.

The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing penetration of lithium-ion batteries in the renewable energy sector, and the rising trend of adopting a low-carbon fossil-fuel-free economy, as well as the ongoing renewable energy revolution.

The most common renewable energy kinds stored in grids are solar and wind energy. However, the energy generation process is disrupted when the sun is obscured by clouds or by changing wind currents. Moreover, the significant financial investment necessary to build battery energy storage devices, on the other hand, is limiting industry expansion.

Request for Report Sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-14358

Such oscillations necessitate the deployment of flexible grid solutions for energy storage. Grid modernization is increasingly using battery energy storage technology.

However, utility application growth has been hampered by the abrupt breakout of a novel coronavirus. In 2021, there was a decrease in battery energy storage systems installed in various projects. In addition, the shutdown of manufacturing facilities throughout the world in the first and second quarters of 2020 contributes to the market’s fall in growth in 2020.

Various governments around the world, particularly in developing countries, are attempting to develop distant places like isolated rural areas and peri-urban areas and small islands cut off from national grids. Bringing electrical power to rural and remote locations is known as rural electrification. Rural electrification can benefit from battery energy storage devices.

Due to the aforementioned contributors, the battery energy storage systems market is likely to rise to US$ 15.1 Bn by 2027.

Speak to our Research Expert:
https://www.futuremarketinsights.com/ask-question/rep-gb-14358

Key Takeaways:

Lithium-ion batteries had the most significant market share in 2021, which is expected to continue throughout the projection period.
In 2021, the on-grid category will hold the most significant share of the battery energy storage systems market, with a substantial CAGR projected over the forecast period. The segment’s growth is likely to be fuelled by lower energy bills for clients who rely on the utility system for electricity.
In 2021, the utility application market will be prominent. The necessity to meet peak electricity needs is a fundamental factor driving the growth of the utility sector.
From 2022 to 2027, the APAC market is predicted to develop at the fastest rate. In 2021, the region will have the most significant share of the battery energy storage systems market.

Competitive Landscape

The battery energy storage systems market is dominated by BYD Company Limited (China), SAMSUNG SDI Co., Ltd. (South Korea), LG Energy Solutions Co., Ltd. (South Korea), and Panasonic Corporation (Japan).

The significant investment by the key players can be a positive contribution to the battery energy storage systems market.

SAMSUNG SDI Co., Ltd. announced PRiMX, a new battery brand, in December 2021 to provide consumers with quality, performance, and a demonstrated advantage, which means user convenience attained by the company’s developed technology. In Korea and Europe, the brand has been trademarked, and it will be registered in the United States soon.
LG Energy Solutions Co., Ltd. and Siemens AG signed a Memorandum of Understanding (MoU) in December 2021 for collaboration in battery manufacturing, specifically the digitization of the manufacturing process. LG Energy Solutions Co., Ltd. created smart battery manufacturing methods at its factories using innovative technology due to this strategic relationship.

Buy Now Report Here:
https://www.futuremarketinsights.com/checkout/14358

Key Segments

By Storage System:

Front-of-the-meter
Behind-the-meter

By Element:

Battery
Others

By Battery Type:

Lithium-Ion Batteries
Advanced Lead-Acid Batteries
Flow Batteries
Others

By Connection Type:

On-grid
Off-grid

By Ownership:

Customer-Owned
Third-Party Owned
Utility-Owned

By Energy Capacity:

Below 100 MWh
Between 100 to 500 MWh
Above 500 MWh

By Application:

Residential
Commercial
Utility

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

Solar Pumps Market Is Expected To See a growth of 12% | Future Market Insights, Inc.

The solar pumps market size in 2019 was valued at US$ 1 Bn. During the projected period of 2019-2029, the solar pumps market is expected to advance at a CAGR of 12%.

FMI has released a new market research study on the solar pumps market that includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the solar pumps market and provides critical insights for the forecast period of 2019-2029. As per the study, the solar pumps market is projected to experience generous growth throughout the forecast period due to several governmental policies and regulations, and increasing dependency on renewable source of energy.

The solar pumps market size in 2019 is estimated to be valued at ~US$ 1 Bn.
The solar pumps market is estimated to grow at a CAGR of ~12% during the forecast period of 2019-2029.

The solar pumps market is likely to cross the one billion mark in 2019, and grow notably at a CAGR of ~12% during the forecast period of 2019-2029. This growth is significantly driven by significant reduction in prices of solar pumps, solar panels, and power systems, along with the cost-effective installation process.

Request a Sample of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-520

Solar Pumps Market: Vendor Insights

The report highpoints some of the prominent market players, who have established themselves as global leaders in the solar pumps market. Few examples of key players in the market are KSB SE & Co. KGaA, Kirloskar Brothers Limited, Grundfos, Franklin Electric, BW Solar (Waterboy), Shakti Pumps (India) Ltd., Stanley Black & Decker, Inc., Glynncorp Electrical, and Bernt Lorentz GmbH & Co. KG, among others.

The global solar pumps market is significantly prominent, by some players holding prominent shares of the market. Tier-1 players are focusing on mergers, acquisitions, and joint ventures with local market players and deploying advanced 4HP and 4HP-6HP solar pumps to achieve positive traction and healthy competitive edge over its competitors.

South Asia to Offer New Lucrative Opportunities

South Asia is expected to show substantial upsurge in the solar pumps market owing to the high operating costs of diesel motors and non-reliable energy distribution in countries, such as India, Thailand, and Malaysia. The region accounts for a maximum number of villages, which are deprived of electricity and lag access to the grid electricity.

India is expected to witness substantial growth in the solar pumps market, owing to the cost-effectiveness and operational efficiency of solar pumps. Moreover, solar pumps reduce irrigation and electrification costs. ASEAN countries are projected to hold a significant share in the solar pumps market, on the account of increasing focus on low carbon emission in these countries. Rapid inclination of aforementioned countries towards installations of solar pumps is creating further opportunities for the market players.

For Any Query on This Report Ask Us@
https://www.futuremarketinsights.com/ask-question/rep-gb-520

Supportive Governmental Policies Propelling the Market Growth

The global solar pumps market has been segmented based on the product, capacity, applications, and regions, such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa.

Government authorities and NGOs associated with the promotion of renewable energy have succeeded to offer greater support to solar pump buyers through banking and financial institutions to offset the market restraints of high capital cost.The organizations involved, are taking collective measures to facilitate the flow of funds into solar projects, aggregate the demand within countries, standardize asset-structuring across countries, and establish an ecosystem of financial instruments to mitigate some of the investment risks. Adding to this, the funds for research & development (R&D) are also rising, which will help commercialize models and make them available for larger public use. As a result, the solar pumps market is expected to grow notably during the forecast period.
The solar water pumps market in India and other developing countries is primarily driven by both national and state-level government schemes addressing irrigation and rural drinking water requirements.The government offers subsidy schemes to help individuals and organizations procure these solar energy systems at reduced capital cost, which is a major driver for the marker as the cost of installing solar pumps is relatively very high when compared to the capital required for installing conventional pumps. This, in turn, is expected to drive the solar pumps market during the forecast period.
Governments worldwide are actively encouraging the usage of solar pumps to replace diesel and electricity-based pumps to move away from non-renewable energy sources and reduce the carbon footprint, ultimately promoting climate change. Developing countries, such as India, China, Bangladesh, and Australia are expected to emerge as game changers owing to their emission pattern. This factor might lead to a positive impact on the solar pumps market growth.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-520

Market Segmentation

By Capacity

Below 4 HP
4-6 HP
6-8 HP
Above 8 HP

By Product Type

Submersible
AC
DC
Surface
AC
DC

By Application

Farming
Irrigation
Livestock
Aquaculture
Residential
Building
Drinking
Commercial
Swimming Pool
Pond Management
National Parks
Industry Water Treatment

By Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

Digital Substations Market to be worth US$ 14.11 Bn by 2032 | CAGR of 7.3%

The digital substation market size was valued at US$ 6.5 Bn in 2021 and is expected to be worth US$ 14.11 Bn by 2032, growing at a 7.3% CAGR from 2022 to 2032.

The global digital substation market has grown at a rapid pace in recent years, and it is expected to do so again over the next several years. This is because leading industry players have begun introducing new products with enhanced capabilities.

In addition, the increased demand for energy from renewable resources in developed countries to support sustainable development has boosted digital substation market growth even more.

Request for Report Sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-14333

The rising demand for energy and the rapid use of non-renewable energy resources have shifted the demand for power generation to renewable energy sources. Furthermore, the integration of renewable energy with digital substations has been made possible by the advent of automation in power generation, distribution, and management.

The global digital substation market is driven by the use of digital substations for generating renewable energy and delivering improved dependability, efficiency, and safety in power distribution and the emergence of automation and higher standards of connectivity. However, greater upfront costs make it harder to replace traditional substations, limiting the expansion of the digital substation market.

The adoption of digital substations for generating renewable energy and improving reliability, efficiency, and safety in power distribution, and the emergence of automation and higher connectivity standards are the factors driving the global digital substation market. However, higher initial investments make it difficult to replace traditional substations, limiting the growth of the digital substation market.

Key Takeaways:

Based on voltage, the 220 kV voltage segment is predicted to hold the largest share of the digital substations market.
The utility industry segment is expected to account for a large portion of the global digital substations market.
Due to the widespread use of digital substations in utilities, this segment accounted for most of the digital substation market in 2019.
By 2026, the hardware module segment is expected to be worth more than US$ 7,500 million. Digital substations are widely used in all industry verticals, particularly utilities and oil and gas, all over the world.
Throughout the forecast period (2022-2032), the transmission substations segment is expected to hold the largest share of the digital substations market. The market for digital substations in North America is expected to exceed USD 2.5 billion by 2028.
Due to ongoing commercial and industrial infrastructure developments, rising energy demand in the United States will drive the regional digital substation market even further.

Speak to our Research Expert:
https://www.futuremarketinsights.com/ask-question/rep-gb-14333

Competition Landscape

ABB, Texas Instruments, Locamation, Efacec, Tesco Automation, NetControl, Belden Inc, Emerson Electric, NR Electric, GE, Schneider, Eaton, Rockwell Automation, Siemens, L&T, Cisco, Open System International, Guodian Nanjing Automation Co, and Beijing Sifang Automation Co. are among the key players in the digital substations market. In addition, ongoing acquisitions and joint ventures among various service providers and favorable incentives for deploying renewable technologies will boost the digital substations market outlook.

ABB and CORYS signed a memorandum of understanding for a digital collaboration project in December 2020.
Siemens and Atos signed a five-year extension of their strategic partnership in September 2020 to bring together their joint digital solutions.
Eaton and the US Department of Energy expanded their collaboration on innovative energy solutions at the National Renewable Energy Lab in January 2018.

Key Segments

By Component:

Substation Automation System
Communication Network
Electrical System
Transformer
Busbar
Protection System
Monitoring and Controlling Device
Human Machine Interface
Programmable Logic Controller
Other

By Architecture:

Process
Bay
Station

By Application:

Transmission
Distribution

By End Use:

Utility
Industrial

By Connectivity:

<33kV
33kV to 110kV
110kV to 550kV
>550kV

By Voltage Level:

High
Medium
Low

By Installation:

New
Refurbished

By Region:

North America
Latin America
Europe
Middle East and Africa
Asia Pacific

GCC Natural Gas Market Size to Reach US$ 79.35 Billion by 2032 | CAGR of 4.5%

The global GCC Natural Gas market is anticipated at US$ 48.89 Billion in 2021. The GCC natural gas market share will be influenced by the widening need to fulfill burgeoning domestic demand, achieve self-sufficiency, and reinforce energy security, thereby, garnering US$ 79.35 Billion in 2032, recording a CAGR of 4.5% from 2022-2032. The market is likely to secure USD 51.09 Billion in 2022.

Shifting regulatory policies toward energy transition and sustainable energy sources, driven by integrated energy considerations, will enhance the size of the GCC natural gas market. For example, the UAE’s “Energy Strategy 2050” strives to reduce the carbon emissions of power generation by 70% while boosting the percentage of clean energy in the net energy mix from 25% to 50% by 2050.

Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-15384

The GCC natural gas market share will be influenced by the widening need to fulfill burgeoning domestic demand, achieve self-sufficiency, and reinforce energy security. According to the 2017 BP Energy Outlook, energy consumption in the Gulf region is expected to rise by 54% by 2040, with natural gas accounting for more than 60% of the increase. The industry landscape will be stimulated by the rising demand for clean fuel from power plants and the desalinization industry.

Key Takeaways:

Qatar is projected to grow at a CAGR of 5.6% CAGR during the forecast period.
Saudi Arab is projected to grow rapidly 3.3% at a CAGR of 5.6% CAGR during the forecast period.
Cooking attributed for more than 11% of the GCC natural gas market share in 2018.
Natural gas production in Saudi Arabia has also grown substantially, rising from 99.5 billion cubic meters in 2015 to 113 billion cubic meters in 2020.
Saudi Aramco, the country’s national oil company, announced an additional USD 7 billion in investment plans.

“To meet the changing demands of consumers, players are making significant investments in the GCC natural gas industry. Heavy investments aid in the novel development and offer various benefits, which is expected to positively expand the market in forecast period.”

Request for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-15384

Key Segments Covered in the GCC Natural Gas Industry Survey

GCC Natural Gas Market by Product:

Unconventional Natural Gas Products
Conventional Natural Gas Products

GCC Natural Gas Market by Application:

Residential Natural Gas
Commercial Natural Gas
Industrial Natural Gas

GCC Natural Gas Market by End Use:

Natural Gas for Transportation
Natural Gas for Steam Generation
Natural Gas for Cooking
Natural Gas for Space Heating
Natural Gas for Other End Uses

GCC Natural Gas Market by County:

Saudi Arabia Natural Gas Market
UAE Natural Gas Market
Kuwait Natural Gas Market
Qatar Natural Gas Market
Oman Natural Gas Market
Bahrain Natural Gas Market

Fuel Cell Market is projected to expand at a CAGR of 25.2% during the forecast period 2022-2023

The fuel cell market is garnering strength and is predicted to move at an impressive CAGR of 25.2% during 2022-2032.

Fuel cells convert electrical energy sourced from chemical energy, through an electromechanical reaction with oxygen or other oxidizing agents. Primarily, a fuel cell functions as a battery, but is different in the way that in a fuel cell, fuel is supplied from an external source and fuel is converted to electricity without any involvement of a burning process. The demand for alternative energy sources is growing at a global level, which in turn propels the development of associated products. The first commercial application of fuel cells happened with NASA’s space programs.

Fuel cells were used for application in probes, satellites and space capsules. Generally, fuel cells utilize oxygen and hydrogen during the electrochemical reaction process and generate electricity, heat and water. These cells are used where continuous flow of electricity is required. The cells provide continuous flow of electricity as long as source fuel is supplied. As fuel cells are carbon-free due to their non-burning nature, environmental norms support the development of this market.

Obtain Sample Copy of Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-65

At a global level, various fuel cell design modifications are available. This includes solid oxide fuel cell (SOFC), proton exchange membrane (PEM), molten carbonate fuel cell (MCFC) and a few others. Furthermore, the fuel cell market can be categorized on the basis of source type as hydrogen powered, methanol powered, biogas powered, natural gas powered and hydrocarbons powered.

Fuel cell technology finds application in stationary power, portable power and transportation power, and specialty vehicles, fuel cell electric vehicles, auxiliary power units and material handling equipments. Fuel cell technology has become one of the dominant technologies in the power generation industry owing to its carbon-free, non-burning nature and safe energy source.

Rising environmental concerns along with stringent regulations, especially in North America and Europe to reduce carbon emission, is likely to fuel the demand for fuel cell systems over the forecast period. Furthermore, various other factors such as consistently declining fuel cell cost due to technological advancement and uncertainty of the source of fuel cell are likely to spur growth of the fuel cell market.

Such factors limit the application of fuel cells to a narrower spectrum. Depletion of global oil and gas reserves coupled with the demand for clean energy are fuelling the global fuel cell market. Moreover, companies and governments worldwide promote the shift in focus towards renewable energy generation options.

In the past few years, fuel cell market has witnessed different levels of developments, especially occurring in North American and European countries. FMI also analyzed MEA, Latin America and Asia Pacific as potential markets for the fuel cell technology. In addition, Asia Pacific has become hub for consumer electronics; where electronic goods are produced at relatively lesser cost. Fuel cell market is likely to take advantage of such factors and is expected to witness increment in the penetration in Asia Pacific.

Feel Free to Ask Your Queries @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-65

Institutional organizations such as Sandia National Laboratories and the University of the Basque Country (UPV/EHV) are constantly conducting extensive research in order to improve the efficiency of fuel cells. Key players (manufacturers) in the industry adopt strategies such alliances and partnerships to expand their product lines.

Furthermore, strategic alliances are helping market players to penetrate into relatively newer application areas. Fuel cell manufacturers are also involved in enhancement of product offerings. For example, Ballard Power Systems, Inc. and Plug Power, Inc. signed an agreement to supply fuel cell stacks to Plug Power, Inc. for three years to be used in forklift trucks.

Fuel cell manufacturers are also involved in the operational expansion through the setting up of new plants. Recently, Daimler AG and The Linde Group entered into strategic alliance to build hydrogen fuelling stations in Germany. Such initiatives are helpful to commercialize fuel cell application in the transportation sector. Furthermore, fuel cell-powered vehicles require hydrogen filling stations, and with such initiatives, it is possible to commercialize fuel cell-powered automobiles.

Dominant market participants in the fuel cell market are Toshiba Corporation, Panasonic Corporation, Hydrogenics Corporation, Kyocera, AFC Energy, Ballard Power Systems, Inc., Ceres Power Holdings PLC, Aisin Seiki Co. Ltd., Ceramic Fuel Cells Limited and Doosan Corporation.

Key Segments

By Source

Hydrogen powered
Methanol powered
Biogas powered
Natural gas powered
Hydrocarbons powered

By Design

Solid oxide fuel cell (SOFC)
Proton exchange membrane (PEM)
Molten carbonate fuel cell (MCFC)
Others

By Application

Stationary power
Portable power
Transportation power
Specialty vehicles
Fuel cell electric vehicles
Auxiliary power units
Material handling equipment

Agri Natural Enemy Pest Control Market to be worth USD 25.1 billion by 2029, Get Insights FMI

The agri natural enemy pest control market is estimated at USD 16.6 billion in 2022 and is projected to reach USD 25.1 billion by 2029, at a CAGR of 5.0%.

Agricultural intensification is gaining momentum to meet the global food requirements and adapt to the rapidly changing demands. Change in land use and effects of climate change are necessitating the adoption of agri natural enemy pest control, which significantly help enhance farming systems.

The biological control of arthropods, weeds, and diseases promote the stability and diversity of agricultural communities and aid in reducing synthetic inputs. Moreover, the implementation of agri natural enemy pest control helps manage all residues of conventional pesticides with bio-pesticides. These factors are attracting consumers, thereby accelerating the growth of the agri natural enemy pest control market.

Request Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-10643

List Of Key Players Covered in Agri Natural Enemy Pest Control Market are:

Ecolab, Inc.
Bayer
Syngenta
Cook’s Agri Natural Enemy Pest Control
Anticimex
Bayer Crop Science
Koppert
WUR
Marrone Bio Innovation
Certis USA LLC
Dow Chemical
BASF

Key Takeaways from the Agri Natural Enemy Pest Control Market Study

Steady demand for conventional pesticides is likely to be negatively impacted by an upsurge in the popularity of agri natural enemy pest control method.
As of 2017, nearly 93 countries have laid natural farming regulations. Governments are undertaking initiatives for sustainable agriculture by funding research programs that identify pests and analyze the most appropriate control agents.
Adoption of natural and greener products is expected to increase on pace in line with growing government’s sustainable development projects.
Formulations of products for long-term stability could give impetus to the agri natural enemy pest control market growth.
Registration of products remains a big hurdle for key players in the agri natural enemy pest control market. Market players are expected to strategize accordingly and collaborate with regulatory bodies to ease the registration process of biological products.
Leading players in the agri natural enemy pest control market are likely to offer not only products but also allied services.
As compared to developing regions, the sales of agri natural enemy pest control are projected to be higher in countries of North America, Europe, and Oceania.

Ask an Analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-10643

“Growing consumer awareness regarding adverse effects of chemical pesticides on human health as well as the environment favors the agri natural enemy pest control market fundamentally. As today’s consumers are ready to spend more on food crops that are chemical-free or organic, manufacturers should be looking at a period of sustained demand,” says the research analyst.

Emerging Market Players to Play a Crucial Role in Product Development

Products required for agri natural enemy pest control varies from region to region, depending upon the local biodiversity. Thus, domestic players in the agri natural enemy pest control market is likely to perform a significant role in formulating biological products that are suitable for a particular area or country, depending on their climatic conditions.

Many leading companies are strategizing to collaborate with local and emerging market players in the agri natural enemy pest control market.
Strengthening the supply chain is essential for emerging players to sustain in the intensely competitive market.

One of the vital factors for emerging players is to study the regional biodiversity and increase the effectiveness of agri natural enemy pest control products for that particular region. Thus, strategic investments in research and enhanced marketing techniques are needed to strengthen the market position. Besides, companies must focus on improving the efficiency of their products for large-scale agricultural purposes.

Ask For Customization@
https://www.futuremarketinsights.com/customization-available/rep-gb-10643

Global Agri Natural Enemy Pest Control Market By Category

By Application :

Ant Control
Beetle Control
Bird Control
Insects Control
Mosquitoes & Flies Control
Rat and Rodent Control

By Natural Enemy Service Type :

Importation
Augmentation
Conservation

By Control Agent :

Predators
Parasitoids
Pathogens
Bacteria
Fungi
Viruses
Oomycota
Competitors

By Region :

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Water Hauling Services Market to surpass US$ 45 Bn by 2027, Says FMI

The water hauling services market projects a mere 2.4% CAGR for water hauling services market over the period of 2018-2028 and estimated to reach nearly US$ 45 Bn by the end of 2027.

As indicated by a recent research study of Future Market Insights (FMI), a majority of demand for water hauling services will be generated from the construction & agriculture industries, coupled by favorable government initiatives.

Sluggish Growth Estimated for Water Hauling Services Market through 2027

Water hauling services have been in use for transportation of water/wastewater across residential, commercial, and industrial sectors for applications such as irrigation & agriculture, filling of swimming pools, construction activities at oilfields during oil extraction, emergency & disaster events, and water treatment for residential usage. However, FMI’s analysis forecasts a sluggish below-3% CAGR for the water hauling services market revenue over 2018-2027.

Get a Sample Copy of the Report visit @
https://www.futuremarketinsights.com/reports/sample/rep-gb-9028

Construction & projects will continue to represent the most attractive application area for water hauling services providers.
Industrial sector will remain the top end-use segment in the water hauling services market, majorly driven by oil & gas industry’s resurgence.
Demand from residential sector likely to gain a slight uptick from the falling price point of water hauling services.

MEA Likely to Emerge Attractive, Reflecting Relatively Higher Growth Potential

The water hauling services market in North America is expected to dominate the global water hauling services market, as the region continues to register maximum demand and high accessibility owing to strong presence of several local water hauling service providers in the region. While the market in Europe and Asia Pacific is also anticipated to record modest growth, the report has identified relatively higher growth potential in the MEA region.

African government has been contributing toward the growth of water hauling services market by generating demand within the disaster and emergency management segment. Driven by this, in addition to the thriving tourism and hospitality industry, the Middle East and African region will reportedly generate relatively higher demand for water hauling services.

Local Companies Retain Dominance in Regional Water Hauling Services Markets

According to the report, the water hauling services market is expected to be highly fragmented due to the dominance of local players within respective regional territories. The report has covered detailed strategic profiles of some of the most prominent players active in water hauling services landscape, including EZ Machinery, Fueloyal Inc., Patrik’s Water Hauling Ltd., HB Rentals, L. C., GEI Works, Dalton Water Company, Andy’s Water, Water-2Go, Zemba Bros., Inc., Hubert Water Hauling Service LLC, GeeTee Holdings Inc., DONLEYWATER, Gibson Energy Inc., and Big Rock Water Hauling Services among others.

Ask an Analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-9028

Some of the water hauling service providers specialize in transportation of the wastewater collected during extraction at oilfields, for water treatment. Whereas, several others hold expertise in transportation of water across varying industry verticals. A majority of the operators in market continue to focus on providing 24×7 seamless experience to end users, which will remain an important factor sustaining the revenue of water hauling services market.

Key Segments

By Application

Irrigation & Agriculture
Swimming Pools & Outdoor Recreations
Construction & Projects
Oilfield Demand
24 hour emergency Response & Fire Fighting
Others (Storage Tanks, Residential Drinking Purposes)

By End User

Residential
Commercial
Industrial

Region

North America
Latin America
Europe
Japan
APEJ
MEA

Request Complete TOC Of this Report @
https://www.futuremarketinsights.com/toc/rep-gb-9028