Market Research Blog – Page 9247 – New Product Development

Electronic Warfare Market to be valued at US$ 30763.9 Million from 2022 to 2032

The demand for electronic warfare is expected to reach US$ 17856.2 million in 2022, rising at a CAGR of 5.6% to US$ 30763.9 million from 2022 to 2032. A CAGR of 4.2% was recorded for the electronic warfare market from 2017 to 2021.

A majority of people have seen and are familiar with warships, fighter aircrafts, battle tanks, and submarines in action, either directly or via television or films. But fight involving the use of radar emissions and radio waves is also going on in the atmosphere. This silent battle of beams which uses focused energy such as laser light, radio waves to confuse or disable enemy’s electronics is commonly called electronic warfare (EW).

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Electronic warfare uses entire range of electromagnetic spectrum. Hence it is sometime also known as electromagnetic warfare. Electronic warfare equipment began to be developed back during World War – II, since then electronic warfare system has become more specialized and sophisticated. Electronic Warfare is a military action which involves the use of electromagnetic energy to control, exploit, decrease, or avoid the hostile use of electromagnetic spectrum and it also involves sensing the radar of an incoming missile and listening i.e. collecting an enemy’s radio signals.

Global Electronic Warfare Market: Drivers

Development in the electromagnetic spectrum drives the use of electronic equipment and associated weapon systems which are required to sense and counter these weapons that is included among the factor driving the electronic warfare market growth. Increasing adoption of visual and infrared techniques such as laser and other technologies are expected encourage the growth of electronic warfare market. Electronic warfare has become an essential requirement of strategic landscape for all war fighters.

Situations such as political conflicts, territorial disputes, and cold-wars are expected to positively impact the electronic warfare market. Increasing popularity of small electronic systems that can be integrated within platforms such as unmanned systems is also expected to drive electronic warfare market growth.

Other factors that has a positive impact on the electronic warfare market include increased system reliability, efficiency and effectiveness due to the introduction of travelling-wave tube- (TWT) technology used for electronic warfare application, and emergence of cognitive electronic warfare technology.

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Global Electronic Warfare Market: Restraints

Lack of technical knowhow, adaptability to the new technology and the laws formed to limit the investment dedicated to the R&D in this sector in some regions are included among a few restraints that negatively impact the growth of global electronic warfare market.

Key Companies Profiled

BAE systems Plc.
Harris Corporation
General Dynamics
Elbit Systems
Lockheed Martin
Raytheon
Northrop Grumman
Boeing, Cobham Plc.
Tata Power SED

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Key Segments Profiled in the Electronic Warfare Industry Survey

Electronic Warfare Market by Category Types:

Electronic Protection
Electronic Warfare Support
Electronic Attack System

Electronic Warfare Market by Product :

Jammer Systems in Electronic Warfare
Radar Warning Receivers in Electronic Warfare
Directed Energy Weapons in Electronic Warfare
Others in Electronic Warfare

Electronic Warfare Market by Platform :

Naval Electronic Warfare
Airborne Electronic Warfare
Ground Electronic Warfare
Unmanned Electronic Warfare

Electronic Warfare Market by Region:

North America Electronic Warfare Market
Latin America Electronic Warfare Market
Europe Electronic Warfare Market
Asia Pacific Electronic Warfare Market
Middle East and Africa Electronic Warfare Market

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Enterprise Feedback Management Market is projected to reach US$ 10,400 Million by 2032

The worldwide venture criticism the executives market is supposed to be esteemed at US$ 1,935 Million out of 2022, and is projected to arrive at US$ 10,400 Million by 2032. A CAGR worth 18.3% is normal for the market during the 2022-2032 figure time frame. The Enterprise feedback management is a software that collects and manages customer feedback, combine data, generate results, and helps to get customer insights of products or services offered by various organizations.

Modern enterprise feedback management includes functionalities such as bundling of business feedback from multiple channels and areas including employees, partners and social media etc.

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Many organizations use survey tools to generate reports and insights that are crucial to successful customer relationship management (CRM) strategy. Enterprise Feedback Management systems are used by many small and midsized businesses in order to gather feedback from conversions, evaluate the combined and standardize customer service solutions.

Advanced technology solutions in enterprise feedback management such as real-time speech and text analytics capabilities help organization to take this customer survey tools and technologies to the next level that enables organizations to react to the customer feedback and influence them at crucial points of business.

Enterprise Feedback Management Market: Market Dynamics

Real-time customer insights on smartphones and other devices and emergence of social media are the driving factors in the enterprise feedback management market. Since customers are insecure about providing private information to different vendors, privacy issues restrains the growth of enterprise feedback management market.

Adoption of multiple channels and innovation, and changing servicing priorities are driving interest and adoption which are expected to create opportunities for enterprise feedback management market, in the coming years.

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Global Enterprise Feedback Management Market: Competition Landscape

Few prominent players in Enterprise Feedback Management market include IBM Corporation, Verint Systems Inc., MaritzCX, MirrorWave, Qualtrics, LLC, Ipsos SA, InMoment, Inc., Cvent, Inc., Confirmit, Inc., and Ambivista etc.

Enterprise Feedback Management Market: Regional Outlook

Presently, North America is estimated to hold the largest share in enterprise feedback management market followed by Europe, Asia-Pacific, and MEA regions. North America is expected to contribute to significant growth in the forecast period owing to the adoption of advanced technologies and customer survey tools in enterprise feedback management. Latin America and MEA are projected to contribute significantly over the forecast period.

Regional analysis includes

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

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Global Enterprise Feedback Management Market: Market Segmentation

Enterprise Feedback Management market can be segmented by enterprise type, touch point, verticals, and region.

Segmentation by enterprise type in Enterprise Feedback Management market:

Small Enterprises
Medium Enterprises
Large Enterprises

Segmentation by touch point in Enterprise Feedback Management market:

Company Website
Branch/Store
Web
Call Center
Social Media

Segmentation by verticals in Enterprise Feedback Management market:

Energy & Utilities
BFSI
Healthcare
Automotive
Transportation
Consumer goods & Retail
Media & Entertainment
Hospitality
Manufacturing

https://likefm.org/blog/gaming-hardware-market-trends-2022-segmentation-outlook-industry-report-to-2032

https://techplanet.today/post/gaming-hardware-market-global-industry-analysis-size-share-growth-trends-and-forecast-2022-2032

https://www.notion.so/a7f83fc02e034ae58c0f48c8fbe9c408?v=8cf371b2b3d34d14a1747a67a1b23015&p=3b23e249774048989aadf9fc3856ba2b&pm=s

https://theprose.com/post/547504/gaming-hardware-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

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Platelet Rich Plasma (PRP) Market 2021 Size, Growth Analysis Report, Forecast to 2031

In a recent market survey, ESOMAR-certified consulting firm Future Market Insights (FMI) forecasts an impressive growth outlook for the platelet-rich plasma (PRP) market share. The market valuation reached US$ 370.78 Mn in 2021 and is poised to expand at a 6% CAGR through 2031.

The growth registered in the platelet-rich plasma market is attributable to increasing applications of PRPs in various procedures such as cosmetic, orthopedic, neurological, and maxillofacial treatments. Increasing awareness regarding the advantages of platelet-rich plasma in wound healing and tissue regeneration will further propel sales in the market.

PRP is being widely used in cosmetic surgeries aimed at improving facial structure and aesthetics, such as skin texture, and color. In addition, PRP is gaining wide acceptance as a key ingredient used in micro needling, botox treatments, acne scar removal, and laser treatments, which is spurring demand in the market.

Besides this, usage of PRPs in orthopedic treatments is fostering market sales, owing to its cost-effectiveness and negligible side effects. PRPs are increasingly finding applications in joint pain treatment, cartilage reconstruction, fracture treatments, and other arthritic treatments.

With rising incidence of cosmetic procedures and sports-related injuries in countries including the U.S, the U.K., and Germany, the market is anticipated to garner significant revenue over the forecast period.

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Intensive research and development, coupled with the prevalence of leading market players will further augment platelet-rich plasma market growth, with expansion at 12.4% by volume.

Additionally, growing investments in healthcare infrastructure and increasing disposable income will provide tailwinds to platelet-rich plasma sales in counties such as India, China, Brazil, and South Korea, shaping the demand outlook positively.

“Growing use of platelet-rich plasma in chronic wound healing, cosmetology, and orthopedic procedures, along with product innovations by leading market players will augment market growth in the upcoming years,” says an FMI analyst.

Competitive Landscape

Harvest Technologies Corp., Zimmer Biomet Holdings Inc., Arthrex, Inc., Arteriocyte Medical Systems, Inc., Dr. PRP America, Cesca Therapeutics, Inc., and Regen Lab SA are among the prominent players operating in the global platelet-rich plasma market. As per FMI’s analysis, tier-1 players will account for 15-20% of the total market share.

Growth strategies leveraged by top manufacturers of platelet-rich plasma include strategic partnerships, mergers, acquisitions, and collaborations to launch innovative PRP treatment methods in the market. For instance:

In July 2021, Arthrex Inc. announced an exclusive partnership with Celularity Inc., a USA-based biotechnology company to distribute and commercialize Celularity Inc.’s biomaterial products for orthopedic procedures and sports medicine.
In September 2019, Cesca Therapeutics Inc., a global leader in autologous cell therapies for regenerative medicine, and ThermoGenesis, Cesca’s wholly owned device subsidiary, announced a global distribution agreement in which the company will supply its X-series cell processing products to major life science distributors to expand its global footprint.

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Key Takeaways from Platelet Rich Plasma Market Survey

Based on product type, pure platelet-rich plasma (P-PRP) will dominate the segment, due to advanced wound healing properties and cost-effectiveness.
Autologous platelet-rich plasma will account for maximum sales in the origin segment, with high applications in treatment of nonhealing ulcers.
In terms of application, cosmetic procedures, surgical and non-surgical, will dominate the segment.
The U.S. is projected to lead sales of platelet-rich plasma due to increasing incidence of cosmetic surgeries in the country.
The U.K. will provide lucrative growth opportunities for leading players with intensive research and development in the country aimed at PRP product innovation.
Germany will emerge as a profitable market for global and regional players, owing to an influx of patients seeking PRP-based treatments in the country.
Increasing investments in healthcare infrastructure in India, along with growing awareness regarding advantages of PRP will augment market growth.
Japan and South Korea will account for 5% of the total market share.

More Insights on the Platelet Rich Plasma Market

In its latest report, FMI offers an unbiased analysis of the global platelet-rich plasma market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (pure platelet-rich plasma, leukocyte platelet-rich plasma, leukocyte platelet-rich fibrin), origin type (autologous, homologous, and allogenic), application type (orthopedic surgery, cosmetic surgery, general surgery, neurosurgery and other surgeries including urological, cardiothoracic, periodontal, oral and maxillofacial), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Platelet Rich Plasma Market by Category By Product Type:

Pure-Platelet Rich Plasma (P-PRP)
Leukocyte-Platelet Rich Plasma (L-PRP)
Leukocyte-Platelet Rich Fibrin (L-PRF)

By Origin Type:

Autologous
Homologous
Allogenic

By Application Type:

Orthopedic Surgery
Cosmetic Surgery
General Surgery
Neurosurgery
Other Surgeries (Urological, Cardiothoracic, Periodontal and Oral and Maxillofacial)

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Immersion Cooling Market to be US$ 2.1 Bn by 2032 | Future Market Insights

The immersion cooling market is forecasted to grow from US$ 0.3 Bn in 2022 to US$ 2.1 Bn in 2032 and exhibiting a remarkable 21.5% CAGR during the forecast period.

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.

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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.

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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Key segments

By Type:

Single-Phase Immersion Cooling
Two-Phase Immersion Cooling

By Application:

High-Performance Computing
Artificial Intelligence
Edge Computing
Cryptocurrency Mining
Others

By Cooling Fluid:

Mineral Oil
Synthetic
Fluorocarbon-Based
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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

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Silent Generator Market is reaching US$ 5.5 Bn at a gracious rate of 6.2% by the year 2032

The global silent generator market is projected to grow with a robust CAGR of 6.2% during the forecast period, reaching nearly US$ 5.5 Bn by 2032 from US$ 2.75 Bn in 2021.

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.

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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.

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 decentralised 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.

Key Segments

By Sound Level:

Silent
Super Silent

By Type:

Portable
Stationary

By Phase:

Single Phase
Three Phase

By Power Rating:

Upto 25kVA
25kVA-49kVA
50kVA-99kVA
100kVA-499kVA
Above 500kVA

By Fuel:

Diesel
Natural Gas
Others

By Application:

Standby and Peak
Prime Mover

By End User:

Residential
Commercial
Industrial

By Region:

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

Europe Platelet Rich Plasma Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2026

The market for platelet-rich plasma (PRP) in Europe is expected to reach US$ 37.5 Mn in 2016, up from US$ 35.3 Mn in 2015. The adoption of platelet-rich plasma in treating musculoskeletal injuries, including tennis elbow, Achilles tendinopathy, and plantar fasciitis, will continue to drive revenues. PRP therapy is also gaining traction in treating sports-related and geriatric injuries, owing to its minimally invasive procedure and quicker recovery time.

By product type, PRP kits will continue to outsell instruments, accounting for over 75% revenue share of the market in 2016. Among the various platelet-rich plasma kits, autologous kits will account for the highest demand on the basis of blood type, representing a market value worth US$ 24.2 Mn. P-PRF kits—valued at US$ 10 Mn in 2015—will witness the highest growth by end-product type, increasing at 8.6% in 2016.

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By application, adoption of PRP therapy will continue to remain highest in the treatment of knee and elbow injuries. While knee application segment revenues will grow by 7.2%, elbow application segment revenues are projected to grow by 6.3%. Use of PRP therapy in the treatment of ever-increasing incidences of osteoarthritis and tennis elbow will gain further traction in 2016 and beyond.

PRP revenues in the UK—the largest market in Europe—will grow by 7.3% in 2016, an increase of 0.20% from the 7.1% growth in 2015. High prevalence of sports-related incidents in the U.K., combined with high awareness about the benefits of PRP therapy among healthcare community and patients, will continue to fuel the growth of the market in the country.

France will maintain its position as the second largest market for PRP in Europe, growing by 6.5% in terms of revenues in 2016. France is home to subsidiaries and distributors of several PRP players, such as Biomet, Inc., DePuy Synthes, Inc., and Stryker Corporation and a range of highly innovative products are available in the market.

Johnson & Johnson Inc. and Stryker Corporation are the established players in the Europe PRP market. Johnson & Johnson’s PEAK Platelet Rich Plasma System and Stryker Corporation’s RegenKit THT Autologous Platelet-rich Plasma (A-PRP) will continue to witness sizeable sales in 2016. Arthrex – Arthrex Angel System from Arthrex Inc. and GPS® III Platelet Separation System by Zimmer Biomet Holdings Inc. will also account for substantial revenue share of the Europe PRP market.

Long-term Outlook: The PRP market in Europe is expected to increase at a CAGR of 6.6% during the forecast period 2016-2024. The UK will continue to be at the forefront of overall demand, with France and Germany accounting for sizeable market share. While FMI maintains a positive outlook on the Europe PRP market, challenges, including lack of standardisation in preparation and dosage of autologous blood concentrate, and uncertainty about therapy efficacy can impede growth during the forecast period.

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Drivers and Trends

The Europe PRP market was valued at US$ 35.3 Mn in 2015, and is projected to grow at a CAGR of 6.6% over the forecast period 2016-2024 owing to rising demand for PRP therapy in sport injuries.

Platelet-rich Plasma (PRP) therapy is a minimally invasive procedure and an alternative option to surgery. PRP therapy is a quick and highly effective treatment for reducing the pain and enhances tissue regeneration power with less recovery time along with higher success rates. PRP treatment is very cost effective compared to surgical procedures for orthopedic and sports injuries.

Some major factors driving the growth of PRP market are expanding PRP application in the sports medicine industry, technological advancements in PRP therapy, progressive demographic ageing of the older population etc. These factors are expected to fuel the growth of the market growth rate over the forecast period.

Key Segments Covered

Product Type

Instruments
Kits
- Kits BY Type
  - Pure Platelet-Rich Plasma (P-PRP)
  - Leukocyte-Rich Platelet-Rich Plasma (L-PRP)
  - Leukocyte-Platelet-Rich Fibrin (L-PRF)
  - Pure Platelet-Rich Fibrin (P-PRF)
Kits BY Origin
- Autologous Platelet-Rich Plasma
- Homologus Platelet-Rich Plasma
- Allogeneic Platelet-Rich Plasma

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By Application

Knee
Elbow
Foot and Ankle
Shoulder
CMF
Others

Key Countries Covered

Europe
The U.K.
France
Germany
Spain
Italy
Rest of Europe

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Power Transmission Lines and Towers Market Size Predictions : USD 66.80 billion by 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.

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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.

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.

Key Segments

By Product:

Transmission Lines
Transmission Towers

By Conductor:

Conventional
High Temperature
Others

By Insulation:

PVC
XLPE
Others

By Voltage:

132 kV to 220 kV
221 kV to 660 kV
> 660 kV

By Current:

HVAC
HVDC

By Application:

High Tension
Extra High Tension
Ultra High Tension

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Digital Twin Technology Market is anticipated to be appraised at US$ 72,654 Mn by 2032

Due to the increasing demand throughout the course of the projected period, a CAGR of 22.6% is anticipated for the worldwide digital twin technology market. By 2032, it’s estimated to be worth US$ 72,654 Mn, up from US$ 9,491.3 Mn in 2022.

The Digital twin technology is basically a combination of data and intelligence. It help enterprises to represent structure and behaviour of system. Digital twin technology is widely adopted by most of the enterprises to optimize physical world which enable them to significantly improve the business process and operational efficiency.

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Digital twin contain sensors that collects data to represent real time data of the physical asset. Digital twin technology offers an interface that makes organizations familiar to past and present operation, and helps them to make predictions of the future.

The digital twin technology has several industrial applications in areas such as wind turbines and aircraft engines. The complex intelligent maintenance system and prognostics platforms can influence the use of digital twin to improve productivity and resolving operational issues. Additionally, digital twin technology can also be used for the application such as monitoring, smart cities and diagnostics.

Drivers and Challenges
The rise of industrial internet of things is one of the major factor driving the growth of the digital twin technology market. The industrial internet of things is the next surge of digitalization of technology that develops a bridge between physical and digital world. Digital twin technology model tracks the progress status of the physical product development cycle and allows user to monitor the performance of the system. Managing all the design files for digital twin among distributers and suppliers is one of the major restraints faced by the digital twin technology market.

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Some of the recent developments in the digital twin technology market are

In January 2022, Google Cloud launched a supply chain digital twin, which is expected to provide manufacturers and distributors with unprecedented visibility of operations occurring in their supply chains.
In March 2022, Microsoft announced a strategic partnership with Newcrest. The mining business of Newcrest would adopt Azure as its preferred cloud provider globally, as well as work on digital twins and a sustainability data model. Both organizations are working together on projects, including the use of digital twins to improve operational performance and developing a high-impact sustainability data model.
In June 2021, FARO Technologies Inc. announced the acquisition of HoloBuilder. HoloBuilder’s SaaS platform will add fast and easy reality-capture photo documentation and added remote access capability to FARO’s highly accurate 3D point cloud-based laser scanning to create the industry’s first end-to-end Digital Twin solution.
In March 2021, The Lamina Tower, an ultra-luxury residential condominium tower in the Middle East, partnered with Cityzenith LLC to create a multi-purpose digital twin using SmartWorldOS Digital Twin desktop application to create a 3D view of the property and surroundings, along with other requirements.

Key Players

Forbes India
Schnitger Corporation
IBM Corporation
Hexagon AB
AVEVA Group plc
Bosch Software Innovations GmbH

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Key Segments Profiled in the Digital Twin Technology Market Survey

By Application:

Manufacturing Process Planning
Product Design

By End User:

Automotive
Chemical
Agriculture
Oil & Gas
Research & Development

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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Composite Insulators Market is Expected To See a growth of 7% | Future Market Insights

The composite insulators market size valued at USD 1.97 Bn in 2021 and is projected to reach USD 2.81 Bn by 2026, growing at a CAGR of 7% from 2022 to 2032.

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.

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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Key Market Segments

By Voltage:

High voltage
Medium voltage
Low voltage

By Application:

Cables & transmission lines
Switchgears
Transformers
Bus bars
Others

By Product:

Pin insulators
Suspension insulators
Shackle insulators
Other insulators

By End Use:

Residential
Commercial & Industrial
Utilities

By Rating:

<11 kV
11 kV
22 kV
33 kV
72.5 kV
145 kV
220 kV
400 kV
800 kV
1200 kV

By Installation:

Distribution
Transmission
Substation
Railways
Others

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Portable Inverter Generators Market to grow at a rate of 6.9% by 2032 | Get Customized Reports

The global portable inverter generators market is likely to increase at a steady CAGR of 6.9%, reaching US$ 3.74 Bn by 2032 from US$ 1.9 Bn in 2021.

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.

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.

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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.

Key Segments

By Power Rating:

1 kVA
1kVA – 2 kVA
>2 kVA – 3 kVA
> 3kVA – 4 kVA
> 4kVA

By Power Source:

Gasoline
Diesel

By Application:

Residential
Outdoor Sports
Construction

By Region:

North America
Latin America
Asia Pacific
Europe
Middle East & Africa