Market Research Blog – Page 9261 – New Product Development

Scroll Chiller Market Comprehensive Research Study and Strong Growth in Future 2028

The Scroll chillers work on the principle of vapor compression cycle to produce the cooling effect in the most efficient manner. In scroll chiller, scroll refers to the specific type of compressor used by the chiller. Which is a common nomenclature for a scroll pump or a spiral compressor.

In a scroll chiller assembly, the scroll compressor operates with two interleaving scrolls means one scroll is placed inside to the other one to compress the fluids. In different cooling procedures and conditioning applications this mechanical unit i.e. scroll chiller is utilized.

There are numerous energy sources are utilized for the cooling, heating and ventilation purpose in the commercial and industrial application; of which the chillers took half of the accessible energy. In this manner, there came the prerequisite of efficient chiller equipment such as scroll chiller, absorption chiller to name a few due to the developing mindfulness with respect to energy conservation.

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Scroll chillers are compact in nature, as they generally accommodate smaller systems, owing to this attribute scroll chillers are generating significant demand space for outdoor & indoor use in small residential and commercial space.

Scroll chillers are turning over as an ideal choice in applications such as heat recovery, low temperature processing, ice making and thermal storage. With its unique USP of energy efficiency, they are also turning over as more environment friendly.

In the commercial market place, there are two types of scroll chiller i.e. water cooled scroll chiller & air cooled scroll chillers out of which the former one is gaining substantial demand. The usage of natural sources for the cooling cycle enables the balance of electric loads in peak hours.

Scroll Chiller Market: Market Dynamics

Numerous industries such as chemicals, plastic and printing among others are using scroll chillers in their production units in order to drop down their energy usage, maintenance cost & other overhead charges. By implementing scroll chillers in to their production practices, these industries are able to reduce down its electricity consumption by 12-15 %.

Apart from industries, these scroll chillers are highly considered and benefiting the small residential and commercial complexes in terms of energy conservation. As more and more small enterprise are seeking to reduce down the usage of refrigerants containing high ODP (Ozone Depletion Potential), thus looking after their preferences towards the usage of Scroll chillers.

Scroll chillers are really easy install, maintain & can be customized and tailor-made according to the variety of sound, mechanical and energy configurations. Thus, highly adopted in sound sensitive atmosphere such as institution, hospitals to name a few. Increasing electricity energy cost and electricity shortfalls are turning over as a major driving factors for scroll chillers.

Scroll Chiller Market: Region Wise Trends

China & Other Asian Countries such as ASEAN, India South Korea as a group dominate the global market for the scroll chiller sales in the past few years. Expansion of solar power, nuclear & geo thermal plants are the key reason implicit behind the increase in sales of scroll Chiller.

Rising HVAC (Heating, ventilation, and cooling) requirement in commercial & industrial application in NA & Western Europe creates substantial demand space for energy efficient sources, thus driving the demand for scroll chillers in the above said regions. In LA, MEA & EE there is substantial increase in the low capacity commercial verticals and expected to gain traction in the near future.

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Examples of some of the market participants in the Global Scroll Chiller Market identified across the value chain include:

Johnson Controls
Daikin
Mitsubishi Electric
Hitachi Appliances
Carrier
Dunham-Bush
Bosch
Mammoth
Blue Star.

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

The report covers exhaustive analysis on

Scroll Chiller Market Segments
Scroll Chiller Market Dynamics
Scroll Chiller Market Size
Scroll Chiller Market Installed base
Current Trends/Issues/Challenges pertaining to Scroll Chiller Market
Competition & Companies involved in Scroll Chiller Market
Technology related to Scroll Chiller Market
Value Chain associated to Scroll Chiller Market

Regional analysis includes

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

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Scroll Chiller Market: Segmentation

On the basis of Type, the Scroll Chiller Market can be segmented as:

Water-cooled Scroll Chiller
Air-Cooled Scroll Chiller

On the basis of Capacity, the Scroll Chiller Market can be segmented as:

<100KW
101KW-300KW
301KW-700KW
>700KW

On the basis of Application, the Scroll Chiller Market can be segmented as:

Residential
Industrial
Infrastructure
Commercial

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Machine Vision Camera Market Size, Share 2028: Present Scenario and Growth Prospects

Numerous camera types are present in the market. Surveillance cameras have varied uses and are not just restricted for monitoring. New technologies are continuously adopted for fast and accurate development of products all around the world. Systems like machine vision camera help achieve the same by providing insights about robots, machines, and processes.

Machine vision cameras serve as an important component of bigger systems to increase quality, efficiency, and product safety. Machine vision camera systems generate images that are automatically analyzed by software. These images are then processed by the system through quality tests, control processes, guide machines, codes, and component identification to deliver valuable data for optimizing production.

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Machine Vision Camera Market: Drivers and Challenges

There are many factors driving the market for machine vision cameras. One of the major factors is the presence of many small and medium manufacturers all around the world. As there are many manufacturers for machine vision cameras, the revenue generation from the same is more. This factor also expands the reach of the machine vision camera market to untapped regions.

Some of the restraints for the machine vision camera market have been related to the complex integration of machine vision cameras with systems in various industries. The integration of a machine vision camera with an industrial system is complex.

Also, to adopt these systems, a good amount of one-time capital is required which is not always possible for industries in some regions. This has been restraining the machine vision camera market. Also, there is not much awareness about these machine vision systems. This is another reason for the slow growth of the machine vision camera market.

Machine Vision Camera Market: Key Players

Some of the key players in the machine vision camera market are: Teledyne Technologies, Cognex Corporation, Microscan Systems, Allied Vision Technologies GmbH, Basler AG, Machine Vision Technology, Keyence Corporation, and Omron Corporation.

Some of the potential manufacturers which are likely to penetrate further in the machine vision camera market are Sony Corporation, National Instruments, Texas Instruments, Baumer Optronic, Tordivel, MVTec Software, SICK, and ISRA VISION among others.

Machine Vision Camera Market: Regional Overview

On the basis of geography, the machine vision camera market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and the Middle East & Africa. Among various regions, the Western Europe machine vision camera market is seen to be leading in terms of value, with Germany being the most attractive market.

Also, the machine vision camera market in China and North America is expected to grow at the fastest rate due to an increase in the number of key manufacturers in the region. The machine vision camera markets in Western Europe, China, and North America are expected to be followed by SEA & Others of the APAC machine vision camera market.

The reason for this trend has been the fact that the regions are technologically advanced and cater to the most number of industries involved in process manufacturing that require machine vision. The machine vision camera market in Western Europe & North America is expected to account for more than 30% of the total machine vision camera market and the Japanese machine vision camera market is expected to be the key market in the forecast period in terms of growth rate.

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The report covers exhaustive analysis on

Machine Vision Camera Market Segments
Machine Vision Camera Market Dynamics
Historical Actual Market Size, 2012 – 2016
Machine Vision Camera Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Machine Vision Camera Market Current Trends/Issues/Challenges
Competition & Companies Involved
Machine Vision Camera Market Value Chain
Machine Vision Camera Market Drivers and Restraints

Regional Analysis for Machine Vision Camera Market Includes

North America Market
Latin America Market
Western Europe Market
Eastern Europe Market
SEA and Other APAC
Japan
China
Middle East and Africa Market

Machine Vision Camera Market: Segmentation

The machine vision camera market can be segmented into various segments, but as per the market analysis, the market for machine vision camera is most suitably segmented by type, function, end-user, and region.

On the basis of type, the machine vision camera market can be divided into:

CCD Sensor-based Cameras
CMOS Sensor-based Cameras

On the basis of function, the machine vision camera market can be divided into:

3D cameras
Line Scan Cameras
Area Scan Cameras

On the basis of end-user, the machine vision camera market can be divided into:

Automotive
Pharmaceutical & Healthcare
Food and Beverages
Electronics & Semiconductors
Packaging
Process Control
Printing & Labeling
Others

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Quantum Dot Market New Technological Development Projecting Massive Growth till 2026

Quantum Dots are tiny particles or Nano-order crystals of a semiconducting material with diameters in the range of 2-10 nanometers. The electronic characteristics of Quantum Dots such color of light given off by Quantum Dot are determined by their size and shape, the color of light given off by a Quantum Dot.

Quantum Dots’ ability to precisely convert and tune a spectrum of light makes them ideal for use in LCD displays. The unique size and composition tunable electronic property of these Nano order semiconducting material make them very appealing for a variety of applications.

The demand for electronic devices with better resolution quality and narrow band of frequency spectrum of light will further increase the demand for Quantum Dot technology products.On the basis of composition and structure Quantum Dots can be classified as Core-type Quantum Dots, core-shell Quantum Dots and alloyed Quantum Dots.

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Quantum Dot Market: Drivers and restrains

The rise in the use of consumer electronics devices such as mobile phones and tablets are increasing the demands for display devices which is major growth driving factors of global Quantum Dot market. Further the application of Quantum Dot technology in newer application areas such as food & packaging and security & defense will drive the growth of global Quantum Dot market.

High cost of the Quantum Dot technology as compared to other traditional display technologies and extendedresearch leading to slow adoption is a major challenge and is further restraining the growth of the global Quantum Dot market.

Quantum Dot Market: Trends

Quantum Dots are used in LCD devices such as tablets, smartphones and TV’s. The narrow color-band frequency emission of Quantum Dots and smaller size enable them to manage the brightness of the display while ensuring less power consumption than OLED and LCD displays.

Major players in television manufacturing such as Sony and Samsung are developing Quantum Dot-based 8K and 4K LCD LED TVs, reducing the cost in comparison to emerging OLED technology.

Due to their narrow band of light emission, Quantum Dots are also being used heavily in variousoptoelectronic devices such as telecom components and lasers, to increase their efficiency. While Quantum Dots are slowly emerging in optoelectronics, it is expected to rise with increase in product development.

Quantum Dot Market: Segmentation

Global Quantum Dot market can be segmented by application, by end use industry, by material type, by technology and by geography. By application the market can be segmented as solar cell, lasers, display devices, solid state LED lighting, battery and others.

The others segment includes sensors, transistors, optical switches & logic gates and memory devices. Based on end use industry the Global Quantum Dot market includes can be segmented as medical devices, consumer electronic devices, defense industry and others.

Based on material type the market can be segmented as Cadmium Sulphide, Cadmium Telluride, Cadmium Selenide, Silicon and Indium Arsenide. Segmentation by technology type includes colloidal synthesis, fabrication, viral assembly, bulk manufacturing and cadmiumfree Quantum Dots.

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Quantum Dot Market: Region wise outlook

Geographically, the global Quantum Dot market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.By 2016 end North America is expected to hold the largest market share followed by APEJ. BY 2026, APEJ is expected to emerge as market leader in Quantum Dot.

Quantum Dot Market: Key Players

Some of the major players identified across the global Quantum Dot market includes NANOSYS, INC, Sigma-Aldrich Co., Nanoco Technologies Limited, Thermo Fisher Scientific Inc., The Dow Chemical Company, Ocean NanoTech., QD Laser, Inc. and others.

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

The report covers exhaustive analysis on

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

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Regional analysis includes

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

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

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High Performance Data Analytics Market Business Opportunities and Global Forecast to 2026

High performance data analytics provides access to large number of data in a productive and fault-free way. This data is being provided on scale-out commodity hardware system. The objective of High performance data analytics is to improve the performance of data while maintaining the productivity of the framework.

High performance data analytics is mostly preferred by IT industries, due its ability to handle large sets of data, without hampering the speed and performance of the system. The growing complexities of data has led High performance data analytics to adopt number of technological advancement from last half a decade which includes real time data analytics.

The combination of the productivity coupled with the benefit of real time performance is expected to boost the market for high performance data analytics over the forecast period.

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High Performance Data Analytics Market: Drivers and Restraints

The growing number of IT & Database industry around the world is expected to fuel the demand for high performance data analytics market. Moreover, the proliferation for open source frameworks for data analytics coupled with the ability to process large amount of data with high resolution has further expected to drive high performance data analytics over the forecast period.

The software market is expected to gain traction in High performance data analytics market due to the deployment of supercomputers and preference for high performance computing and advance analytics in various verticals.

However, High investment cost along with stringent government rules & regulation are expected to act as the restraining factors and is anticipated to hamper the demand for high performance data analytics over the forecast period.

High Performance Data Analytics Market: Regional Outlook

Geographically, the global High Performance Data Analytics market can be divided in major regions which include North America, Latin America, Western and Eastern Europe, Asia Pacific excluding Japan (APEJ), Japanand the Middle East and Africa (MEA).In terms of demand, it is anticipated that North America will dominate global High Performance Data Analytics market.

The U.S. due to strong demand from software and IT sector is expected to dominate North America data analytics market over the forecast period. Asia Pacific, due to growing economies and rising adoption of supercomputers by growing IT sectors and research and development industries is anticipated to grow at significant rate over the forecast period.

Rest of the world (ROW) are projected to have moderate growth in High Performance Data Analytics market in coming years.

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High Performance Data Analytics Market: Key Players

The key players in the global High Performance Data Analytics marketare

Cisco Systems and SAP SE
Cray Inc.
Hewlett Packard Enterprise
IBM Corporation
Intel Corporation
Juniper Networks
Microsoft Corporation
Oracle Corporation
Red Hat Inc.
Dell Inc.
Teradata and SAS Institute

The report covers exhaustive analysis on

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

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Regional analysis include

North America (U.S., Canada)
Latin America (Brazil, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic countries)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC countries, S. Africa, Rest Of MEA)

High Performance Data Analytics Market: Segmentation

The global High Performance Data Analytics market can be segmented as follows:

High Performance Data AnalyticsMarket, by Component

Hardware
Software
Services

High Performance Data Analytics Market, byType

Structured Type
Semi-structured Type
Unstructured Type

High Performance Data Analytics Market, by End use

Banking, Financial service and Insurance (BFSI)
Government and Defence
Manufacturing
Research & Academic
Healthcare & Life Science
Media & Entertainment
Energy & Utility
Retail & Consumer Goods
Transportation and Logistics
IT & Telecommunication

High Performance Data Analytics Market, by Deployment Model

On-Premises
On-Cloud

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Healthcare Mobile Computers Market 2022 In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The healthcare mobile computers market is now valued at US$ 1.2 billion in 2022, and it is expected to rise at a promising CAGR of 5% between 2022 and 2032 to reach a valuation of US$ 1.95 billion.

Healthcare mobile computers involves use of mobile devices and enterprise platforms to communicate and efficiently manage exchange of medical data among several end users. The use of mobile computing and applications can help make this changeover across healthcare amenities, resulting in fewer hospitals readmissions and augmented patient’s outcomes.

Mobile computers enable healthcare service providers to have access to patient information on-demand and at any location within the facility, ensuring the highest quality care possible at cost effective price.

Currently, the healthcare industry is witnessing use of point-of-care computing solutions including laptops, smartphones, tablets, handheld scanners, RFID readers, and mobile carts owing mainly to affordability, ease in accessibility, and timely medical assistance provided by these devices.

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Global Market of Healthcare Mobile Computers: Drivers and Restraint

The market of healthcare mobile computers is expected to observe hefty growth during the forecast period due to various factors such as: increase in adoption rate of mobile computers such as smartphones and tablets in healthcare units, better cost efficiency of mobile computing solutions, rising focus towards patient-centric applications, rapid rise in penetration of wireless networks such as 3G & 4G, shortage of nursing staff and doctors promoting the adoption of mobile computing solutions.

In addition to that, mobile computers are resolving most of the major challenges confronted by the healthcare industry including rising costs & error rates, decreasing profitability, fast-changing regulatory environment and demand for quality healthcare, by making healthcare organizations more responsive to the market demand.

Data security issues, lack of standard communication protocols and reimbursement policies, short battery life of mobile computers are few constraint which are expected to hamper the growth of market in the near future.

Global Market of Healthcare Mobile Computers: Region wise outlook

Presently, North America and Europe are one of the major regions witnessing the adoption of the healthcare mobile computers.

The primary factors attributing to the market growth in these regions are; high dissemination of mobile devices, development and adoption of pioneering technologies, and the presence of major companies in this region, which improves consumer approachability to mobile computers.

However, the future growth of the global market of healthcare mobile computers will be driven by the Asia-Pacific and Latin America mainly due to the upsurge in number of healthcare organizations such as hospitals, nursing homes, clinics and other ambulatory care services.

Additionally, increasing frequency of chronic diseases and disorders which demands continuous patient monitoring is also one of the key factors expected to strengthen the growth of mobile devices in this region.

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Growth in these regions is expected to be centred on developing economies such as India, China, Singapore, South Korea, UAE, Brazil, Argentina, and Mexico. This is due to the fact that these economies facilitate modified guidelines and are continuously monitoring the implementation of procedures and policies to promote commercialization and innovations in order to attract global investors.

Japan is also one of the significant region witnessing adoption of healthcare mobile computers. The growth is mainly driven by rising geriatric population, leading to susceptibility to chronic diseases and penetration of mobile computers such as smartphones and tablets in the country.

Global Market of Healthcare Mobile Computers: Key Players

Some of the prominent players in the healthcare mobile computers market include Cisco Systems Inc. (US), Oracle Corporation (US), AT&T Inc. (US), Zebra Technologies Corporation (US), Airstrip Technologies, Inc. (US), Cerner Corporation (US), McKesson Corporation (US), Omron Corporation (Japan), SAP SE (Germany), and Philips Healthcare (Netherlands). Other key players include Microsoft Inc. (US), Apple Inc. (US), Hewlett-Packard (HP) Inc. (US), Qualcomm Inc. (US), IBM Corporation (US), and Verizon Communications, Inc. (US).

Decreasing price of electronic components have observed entry of many players in this market. Regional players are becoming a major threat and are further propelling the competition among existing leaders.

In order to maintain their market share, leading players are involved in upgrading their existing products and services. Innovation as a key solution to obtain competitive edge is anticipated to drive innovation in the market, which in turn would help healthcare industry to overcome the challenges associated with mobile computing solutions.

The report covers exhaustive analysis on

Global Healthcare Mobile Computers Market Segments
Global Healthcare Mobile Computers Market Dynamics
Historical Actual Market Size
Global Healthcare Mobile Computers Market Size & Forecast 2016 to 2026
Supply & Demand Value Chain
Global Healthcare Mobile Computers Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Global Healthcare Mobile Computers Market Drivers and Restraints

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Regional analysis for Global Healthcare Mobile Computers Market includes

North America
Latin America
Europe
Asia Pacific
Japan
Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Market of Healthcare Mobile Computers: Segmentation

Segmentation on basis of product & services type:

On the basis of type of product and services, the global market of healthcare mobile computers is segmented as

mobile devices
mobile software applications
enterprise platforms
mobile computers (tablets and smartphones)
handheld scanners (RFID scanners and barcode scanners).

On the basis of software applications, the market is classified as

patient care management (patient monitoring, case management, medication administration, dietary and nutrition)
operations management (admissions/discharge, revenue management/billing, claims processing)
staff management (scheduling and time & attendance management).

On the basis of end-users of product and services, the global market of healthcare mobile computers is segmented as

payers (insurance carriers, other third-party payers, or health plan sponsors like employers or unions)
providers (hospitals, laboratories and others)
patients.

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Heat Recovery Steam Generator Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2031

The market for Heat Recovery Steam Generators will surpass US$ 1.1 billion in 2021. The demand for energy-efficient power generation solutions and rising investments in enhancing power plant efficiency are identified as the main growth drivers.

These factors are expected to cause the market to expand steadily at a CAGR of 5.7%, with the U.K., the U.S., Germany, and Japan emerging as major producers.

Heat Recovery Steam Generator Market Expand Across the U.S.

According to a market survey conducted by FMI, the North American market for heat recovery steam generators is expected to grow at a modest 4.4% CAGR over the next few years, with the U.S. expected to experience strong demand. Sales of heat recovery steam generators in the United States will continue to increase thanks to a strong renewable energy infrastructure and a demand for environmentally friendly, economically viable energy solutions.

Additionally, a number of government-sponsored programmes to encourage the use of renewable energy will improve growth prospects in the market for heat recovery steam generators. For eligible renewable energy technology and projects, the federal government of the United States offers tax credits, grants, and loan programmes.

These incentives include the Residential Energy Credit (REC), the Investment Tax Credit (ITC), the Modified Accelerated Cost-Recovery System, and the Renewable Electricity Production Tax Credit (PTC).

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In addition, loans and grants are accessible from various government organisations, including the US. United States Department of Energy (DOE) U.S. Department of Agriculture and Office of the Interior. Additionally, a number of American states provide financial incentives to encourage and support the installation of renewable energy equipment.

The market for heat recovery steam generators in the United States is anticipated to benefit from the aforementioned factors.

Rising Adoption of Combined Cycle Power Plants Influence Heat Recovery Steam Generator Demand

Advanced energy systems may increase efficiency and improve sustainability by reducing environmental impact. These systems have been encouraged by rising energy demand and an alarming rise in greenhouse gas emissions. In recent years, there has been a tremendous amount of interest in the use of renewable energy, waste heat recovery, and combined cycle power generation. Many industrial processes produce waste heat, which can be utilised by a heat recovery steam generator system to produce electricity.

There are many uses for heat recovery steam generators, but combined cycles are increasingly popular. In combined cycles, waste heat from gas turbine exhaust gases is transferred to water to produce steam for the Rankine cycle, which produces electricity. A gas turbine that exhausts into a steam generator with heat recovery is used in the simplest forms of combined cycles. The most effective method of power generation at the moment, the heat recovery steam generator provides steam to steam turbine cycles to generate electricity.

It has been discovered that heat recovery steam generators have a significant impact on the economic and technical operation of combined cycles, and that combined cycles can improve efficiency, economic, and environmental aspects of power production through gas turbine cycles. Comparing combined cycles to conventional fossil-fired power plants, these advantages include high overall plant efficacy, low investment costs, better operational flexibility, and phased installation.

A great source of clean energy, gas-burning combined cycle plants are also perfect for use in densely populated areas due to their high efficacy and low emission levels. Additionally, combined cycle plants’ favourable thermodynamic characteristics make it easier to generate heat and electricity simultaneously. Combining increased output with high cycle efficiency, low emission levels, and lower investment costs makes combined cycle power generation very appealing.

As essential parts of combined cycles, heat recovery steam generators will see lucrative sales opportunities in the coming years as combined cycles are increasingly used for energy production.

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High Installation Costs Might Stunt Heat Recovery Steam Generator Market Growth

Heat recovery steam generators offer cost-effective advantages, but they can be expensive to install, which could limit the market’s growth potential. Low-quality waste heat is produced during industrial processes, and it can be challenging to use all of the low-quality heat that is present in the waste heat medium. Due to the additional equipment needed as a result, costs are greatly increased.

Additionally, not all industries can use heat-recovery steam generators. For instance, the manufacturing of chemicals, cement, sulfuric acid, and cabin rotary kilns all generate significant amounts of high-temperature waste heat. The full potential of heat recovery steam generators can be utilised in this situation to increase energy savings.

Heat recovery steam generators can, however, be more expensive to install and maintain for businesses that generate little waste heat.

Heat Recovery Steam Generator Market by Category

By Design Type:

Modular Construction
C-Section Construction
Bundle Construction
Fully Assembled

By Configuration Type:

Horizontal Drum Units
Vertical Drum Units
Horizontal-Once Through Units

By Output Power Type:

0-60 MW
60-100 MW
100 MW & Above

By Application Type:

Co-generation (Process Heating)
Combined Cycle
Combined Heat & Power (CHP)

By Region, the Heat Recovery Steam Generator Market is segmented as:

North America
Latin America
Western Europe
Eastern Europe
China
Japan
India
South East Asia & Others (SEA)
Middle East & Africa (MEA)

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Medium Voltage Transformer Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2028

Future Market Insights has published a new market research report on the medium voltage transformer market that contains global industry analysis during and opportunity assessment during 2022–2028. The report covers the latest trends, key success factors, market influencing factors, key information, forecasting factors, macroeconomics factors, and past market scenario.

The report analyzes the medium voltage transformer market and provides critical insights for the forecast period of 2022-2028. The global medium voltage transformer market stands at a net worth of US$ 11.7 Bn in 2022, and is predicted to rise at a CAGR of 4.6% over the forecast period (2022-2028) to attain a valuation of US$ 16.1 Bn by 2028.

As per the key findings of the report, the global medium voltage transformer market is expected to witness considerable growth in upcoming years, due to the steady increase in adoption of smart grids, increasing urbanization, rapid growth in power generation, and increasing government investments for electrification.

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Increasing Government Investments for Electrification Expected to Drive the Market Growth

Government of various countries have planned to increase their funding for various projects related to electrification, such as railway electrification, transmission and distribution, and urbanization, among others. For instance, governments in countries such as Brazil and Mexico are planning to invest in electrification. These projects support the state electric boards (SEBs) in order to provide better power supply to rural and urban areas of the region or country.

In addition, the government of India is also planning to make huge investments in numerous projects, such as Revised Accelerated Power Development and Reform Program and Rajiv Gandhi Grameen Vidyutikaran Yojna, among others, for establishing new power grids so as to provide electricity in the rural areas of the country. Also, the government is focusing on installing new transmission lines and transformers in order to create a national grid, which will interconnect all the five regions of India — Northern, Southern, Eastern, Western, and North Eastern. This national grid is known as ‘Transmission Super Highways’. Thus, growing infrastructure and electrification in various regions is set to increase the demand for medium voltage transformers.

Increasing Urbanization and Industrialization Estimated to Create High Sales Opportunity

Rural electrification projects, new power plants, as well as transmission and distribution facilities are some of the new developments that are being introduced in various countries in Middle East & Africa to increase urbanization and industrialization. Electrification projects are growing at a faster rate in countries, such as the United Arab Emirates, Qatar, Turkey, etc. Additionally, for the proper execution of these projects, medium voltage transformers are required for almost all applications. Thus, growing urbanization and industrialization will drive the medium voltage transformer market growth in the MEA region.

Medium Voltage Transformer Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global medium voltage transformer market. Few examples of key players in themedium voltage transformer market are Siemens AG, ABB Group, General Electric Company, Fuji Electric Co., Ltd., Hitachi, Ltd., Schneider Electric SE, Eaton Corporation PLC, Mitsubishi Electric Corporation, Jinpan International USA Ltd., CG Power & Industrial Solutions Ltd., Fortune Electric Co., Ltd., Schaffner Holding AG, Hammond Power Solutions Inc., Kirloskar Electric Company, and MGM Transformer Company, Amran Inc., among others.

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For instance, medium voltage transformer manufacturers are focusing on providing compact size and environmental-friendly medium voltage transformers. The compact size can better manage moisture and thermal stress, and their average life span is higher. Additionally, eco-friendly transformers promise lower load loss as compared to other conventional transformers. Therefore, the rising demand for lighter, smaller and eco-friendly medium voltage transformers is likely to shape the future of the medium voltage transformers market.

Key Segments of Medium Voltage Transformer Industry Survey

Medium Voltage Transformer Market by Rating:

1,200 kVA Medium Voltage Transformers
1,500 kVA Medium Voltage Transformers
2,000 kVA Medium Voltage Transformers
2,500 kVA Medium Voltage Transformers

Medium Voltage Transformer Market by Product:

Dry Medium Voltage Transformers
Oil-immersed Medium Voltage Transformers
VPI Medium Voltage Transformers

Medium Voltage Transformer Market by Configuration:

Single-phase Medium Voltage Transformers
Three-phase Medium Voltage Transformers

Medium Voltage Transformer Market by Application:

Building Establishments
Residential
Commercial
Civil Infrastructure
Industrial
IT – Data & Server Centers

Medium Voltage Transformer Market by Region:

North America Medium Voltage Transformer Market
Latin America Medium Voltage Transformer Market
Europe Medium Voltage Transformer Market
East Asia Medium Voltage Transformer Market
South Asia & Pacific Medium Voltage Transformer Market
Middle East & Africa (MEA) Medium Voltage Transformer Market

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Next Generation Optical Biometry Devices Market is expected to rise at a CAGR of around 5.4% through 2028

[248 Pages Report] Increasing incidence of eye diseases such as cataract and refractive errors coupled with rising number of eye care clinics and hospitals globally are factors increasing the adoption of next generation optical biometry devices.

With the advancement in the technology, next generation optical biometry devices have been developed aiding measurement of eyes before cataract and refractive surgeries. Earlier measurement by ultrasound technique was gold standard. However, unlike next generation optical biometry devices, ultrasound devices require direct contact of the probe, which lead to many eye infections.

The next generation optical biometry devices are automated and measure many parameters such as the axial length, anterior chamber depth, thickness of the lens, retinal thickness, pupil size and many more.

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The next generation optical biometry devices are an accurate alternative for the precise measurements and provide efficient results. Also the next generation optical biometry devices avoid the operator variations measurements.

Research indicates next generation optical biometry devices market is anticipated to account for revenues over US$ 450 Mn, by 2028 end. The report on next generation optical biometry devices projects market revenues to expand at a CAGR of 5.1% through 2028.

According to Prevent Blindness organization, ~25 Mn Americans having cataract require medical care every year in the U.S., hence boosting demand for next generation optical biometry devices.

Similar rising demand for next generation optical biometry devices is noted in UK with rising number of cataract surgeries. Increased demand for next generation optical biometry devices is noted in developing markets concurrent with access to eye care facilities.

Next generation optical biometry devices are all-in one devices used for evaluation of lens and refraction, of retina.

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Next Generation Optical Biometry Devices Market: Overview & Analysis

Rapid increase in number of probe infections due to usage of ultrasound devices, lead to post-operative errors fuelling demand for next generation optical biometry devices instead of ultrasound biometry devices.

Manufacturers of next generation optical biometry devices are introducing automated devices which are more efficient in measuring segments of eyes. Players in next generation optical biometry devices market are working on strengthening the software, which could provide detailed information about eye segments.

New next generation optical biometry devices introduced are taking into account irregularities and astigmatisms of the anterior and the posterior surfaces of the eye.

The next generation optical biometry devices uses a partially coherent wave that has approximately 9x the resolution of a 10 MHz sound wave, for precise measurement of axial length.

Hospitals end users segment account for 41.8% revenue share in the global Next Generation Optical biometry Devices market. Medical services and vision benefits offered under Medicare includes cataract surgeries; which will increase the demand of next generation optical biometry devices.

Increasing geriatric population and rising income in Japan is expected to surge the demand for more advanced Next Generation Optical biometry Devices. Japan Next Generation Optical biometry Devices market is estimated to create absolute $ opportunity worth approximately US$ 1.21 Mn between 2017 and 2028.

The company has segmented the global Next Generation Optical Biometry Devices Market into product type and end users. In terms of revenue, the swept source segment in product type in next generation optical biometry devices market report will account for significant revenue share over the forecast period.

In contrary, the Partial coherence interferometry (PCI) based next generation optical biometry devices segment in all the markets will exhibit limited investment opportunities through 2028 in next generation optical biometry devices market.

Next Generation Optical Biometry Devices Market: Key Players

The next generation optical biometry devices market report tracks some of the key companies, such as Carl Zeiss AG, Nidek Co Ltd, Haag-Streit AG(Metall Zug AG), Ziemer Ophthalmic Systems, Optovue, Incorporated, Topcon Corporation, TOMEY GmbH, Movu Inc. (unit of Santec Corporation) , Newway Technology and OCULUS Optikgeräte GmbH. The largest player in the next generation optical biometry devices market is Carl Zeiss AG with its IOL masters and Haag-Streit AG’s Lenstar.

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Key Segments of Next Generation Optical Biometry Devices Industry SurveyNext Generation Optical Biometry Devices Market by Product Type

Swept-Source Optical Coherence Tomography (OCT) Based Biometers
Partial Coherence Interferometry (PCI) Based Biometers
Optical Low Coherence Reflectometry (OLCR) Based Biometers

Next Generation Optical Biometry Devices Market by End User

Hospitals
Ophthalmology Clinics and Specialized Eye Care Centers
Ambulatory Surgical Centers

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Preterm Birth Diagnostic Test Kits Market is projected to reach U.S. $ 203.2 Mn by the end of 2028

[257 Pages Report] According to Future Market Insights (FMI), the global Preterm Birth Diagnostic Test Kits Market was worth US$ 121.3 Mn in 2021 and is expected to grow 1.6X during the forecast period. During the forecast period of 2022-2028, the market is expected to grow at a CAGR of 7.6%, with sales of US $ 203.2 Mn in 2028.

A new study by the company titled ‘Preterm Birth Diagnostic Test Kits Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028’, has listed out the key points being considered by preterm birth diagnostic test kits companies to emerge and stay sustainably profitable in the long run in the preterm birth diagnostic test kits market.

The global preterm birth diagnostic test kits market is expected to expand at a CAGR of 7.4% over the forecast period to reach a value of over US$ 200 Mn by 2028, and the North America preterm birth diagnostic test kits market is expected to remain as a main sink market for revenues. Europe is expected to remain as the main source market for preterm birth diagnostic test kits, as most of the preterm birth diagnostic test kits facilities are located in this region. However, with the increasing demand and cost-effective diagnostic options in countries such as China and India, and various countries of Asia Pacific and Middle-East, is fueling the growth of preterm birth diagnostic test kits market.

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Key Findings Presented in the Report on the Preterm Birth Diagnostic Test Kits Market

The report finds that approximately 115.4 million births occurred in 2017, out of which 11.1% births were preterm, which is approximately 12.8 million births. As per WHO, preterm birth complications are the leading cause of deaths amongst children under the age of 5, directly responsible for approximately 1 million death in 2015. Out of these, 3/4th of these deaths can be prevented with cost-effective interventions. The adoption rates for preterm birth diagnostic tests kits ranged from 2% to 15% distributed over various geographies. Majority of the existent patient pool are unaware about the cost-saving benefits of preterm birth diagnostic test kits, thus, a major portion on the preterm birth test kits market has remained untapped which remains open for manufactures of preterm diagnostic test kits to exploit the preterm birth diagnostic test kits market over the forecast period.

Analysis of the Preterm Birth Diagnostic Test Kits Market

For preterm birth diagnostic test kits, blood sample is the most common sample take for diagnosing preterm labor and premature rupture of membrane. Blood sample-based preterm birth diagnostic tests in preterm cases are the most common and widely accepted in the preterm birth diagnostic test kits end users. However, vaginal discharge sample type preterm birth diagnostic tests are gaining popularity for preterm birth diagnostic test kits.

Hospitals, outpatient clinics & diagnostic laboratories using preterm birth diagnostic tests are the primary point of contact for patients experiencing preterm birth symptoms. Hospitals are estimated to account for majority of the revenue share under the end users segment for preterm birth diagnostic test kits market in 2017, owing to being the primary healthcare facility for preterm cases. The prevalent cases of preterm birth, growing demand for cost-effective diagnostic options and preterm birth test kits, and success in clinical studies for developing a rapid preterm birth diagnostic test kits is expected to fuel the growth of the global preterm birth diagnostic test kits market over the forecast period.

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Activities across the preterm birth diagnostic test kits manufacturers are restricted to efficiency and specificity testing. The top activity associated with preterm birth diagnostic test kits manufacturers is joint collaboration with various organizations in order to spread awareness, further development, and test the sensitivity, specificity and efficiency of preterm birth diagnostic test kits.

Factors Impacting Growth of the Preterm Birth Diagnostic Test Kits Market

Rising focus on cost-effective diagnosis using preterm birth diagnostic test kits is expected to boost the growth of the preterm birth diagnostic test kits market. Preterm birth diagnostic test kits manufacturing companies focusing on spreading awareness about preterm birth diagnostic test kits and marketing preterm birth diagnostic test kits through campaigns and joint research studies is expected fuel the growth of the preterm birth diagnostic test kits market during the forecast period. However, Preterm birth diagnostic kits experience stiff competition from alternative product lines. Trans-vaginal scans, advanced ultrasound are some of the examinations adopted by healthcare providers over preterm birth diagnostic kits and would pose challenges to the growth of the preterm birth diagnostic test kits market.

Preterm Birth Diagnostic Test Kits Market: Companies

Some of the key preterm birth diagnostic test kits companies analyzed in this report titled Preterm birth diagnostic test kits market include Creative Diagnostics, Qiagen, Medixbiochemcia, Hologic Inc, Sera Prognostics, IQ Products, Biosynex, Nanjing Liming Biological Preparations Co Ltd, Clinical Innovations LLC, BIOSERV Diagnostics GmbH, Wuxi BioHermes Biomedical Technology Co. Ltd, and Anhui Deep Blue Medical Technology.

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Preterm Birth Diagnostic Test Kits Market, By Category

Product:

ffN Test
PAMG-1 Test
IGFBP-1 Test

Sample:

Blood
Urine
Vaginal Discharge

End User:

Hospitals
Diagnostic Laboratories
Outpatient Clinics
Research Centers

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Industrial Robots Market 2022 | Present Scenario and Growth Prospects 2032

With the rapid pace of inventions of different machines and improved technologies, the world has become more dependent on science. From dawn to dusk, we love to live on technology, be it our favorite phone or laptop. In every step of life, it has become a compulsion for us to take help from technology. Similarly, in the modern world of machines, industrial robots is one of the new inventions of technology, which is spreading extensively. Almost in every industry, such as food & beverage, automobile, construction, pharmaceutical, manufacturing and many more, are depending upon industrial robots. Owing to this vast usage, it can be estimated that the global market for industrial robots is likely to witness an extreme demand in the forthcoming years.

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How Does Industrial Robot And Its Parts Work?

An industrial robot has many parts, such as a controller, arms, end effector, drive, and sensors. All the parts are equally important to execute a whole process with acute productivity. The controller is the brain of the robot that allows the parts to work together. With the arms, the pick & place of materials can be done perfectly. As the end effector is connected to the robot’s arm, it works as a hand and can be set for multiple tasks. The drive helps to move different materials to their particular positions. Moreover, the sensors are installed to receive the feedback from the environment.

Different Types of Industrial Robots

Owing to the improved productivity, better quality and increased quantity, several types of industrial robots have been introduced in the market. Bin picking robotics, hand guiding system, medium payload handling, cell production robots and co-operative handling, are the various kinds of industrial robots that are used for mass production of different machines.

Does These Robots Really Helpful?

Yes, industrial robots are really useful. They are programmable & reprogrammable, automatically controlled and manipulative machines. Such robots can easily work in various industrial practices include, product inspection, welding, assembly, painting, palletizing, packaging, labeling and also is used for pick & place materials in the right position. The list is still long. Industrial robots consume less time but work more with sufficient efficiency and perfection. However, the work productivity is varied in different manufacturers, various models and the different standards that have been set as per the principles of the manufacturers.

More about Industrial Robots

Apart from the benefits, there are some restraints also, while using these industrial robots. As such robots are controlled by computer, there is a high chance of interruption in the whole process. Because of a small mistake, the entire process can be done imperfectly or it can get hampered. For an example, while manufacturing a car, if a component has been found damaged, the outcome of the productivity will also get hampered. Though the application of industrial robots are increasing day-by-day, they are also affecting the people by threatening their jobs. Due to the scarcity of skilled professionals, the demand for industrial robots are still lacking. In a nutshell, it is preferred to go for industrial robots for the sake sufficient production, devoid of over-dependence.

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Key Segments Profiled in the Industrial Robots Industry Survey

Industrial Robots by Product Type:

Industrial Robots by Articulated Robots
Industrial Robots by SCARA Robots
Industrial Robots by Parallel Robots
Industrial Robots by Cartesian Robots
Industrial Robots by Cylindrical Robots
Industrial Robots by Others

Industrial Robots by End Use:

Industrial Robots by Automotive
Industrial Robots by Electrical & Electronics
Industrial Robots by Metals & Machinery
Industrial Robots by Chemicals, Plastic & Rubber
Industrial Robots by Food & Beverages
Industrial Robots by Healthcare
Industrial Robots by Construction
Industrial Robots by Others

Industrial Robots by Applications:

Industrial Robots by Material Handling
Industrial Robots by Welding & Soldering
Industrial Robots by Assembly & Disassembly
Industrial Robots by Painting & Dispensing
Industrial Robots by Others

Industrial Robots by Technology:

Industrial Robots by Automatic
Industrial Robots by Semi- Automatic
Industrial Robots by Manual

Region:

North America Industrial Robots Market
Latin America Industrial Robots Market
Europe Industrial Robots Market
Asia Pacific Industrial Robots Market
Middle East & Africa Industrial Robots Market

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