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Distributed generation indicates small-scale energy generation units where electricity generation occurs with renewable resources such as wind, solar, and others to provide electricity in the power breakdown. The distributed generation market starts with producing primary elements of distributed power technologies, including engines, turbines, solar panels, combustion chambers, and catalyst layers, which are further distributed to several end users. The market is significantly fostered by the rising inclination towards renewable distributed power generation, specifically distributed solar PV installation, due to the diminishing renewable generation of power and system costs and the favorable government policies worldwide. Additionally, the increasing investments in the installation of smart grids in various countries, including the United States, India, and Japan, are expected to escalate the demand for distributed generation of energy. However, the huge initial costs incurred in the equipment are restricting the market growth. The Distributed Generation Market is anticipated to grow at the rate of 14.6% CAGR by 2026.
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The distributed generation market by technology is segregated into Combined Heat and Power (CHP), Reciprocating Engines, Fuel Cells, Solar PV Cells, Gas & Steam Turbines, and Wind Turbines. Among which the solar PV cells segment is holding the maximum share of the market. In this technology, the PV modules made from semiconductor materials are exposed to solar beams, subsequently producing an electrical current. The biggest share of the segment is due to the cost reduction in the equipment and various government initiatives in installing solar PV cells. Moreover, the greenhouse gas emission regulations are projected to majorly boost the adoption of solar PV cell technology for energy generation over the forecasted period.
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Threat intelligence, also called cyber threat intelligence, refers to organized, analyzed, and refined information about present or potential attacks that threaten an organization. Threat intelligence assists organizations in understanding the risks associated with extreme external threats, including advanced persistent threats, zero-day threats, and exploits. This also includes threats from partner and internal threats; threat intelligence is more focused on identifying threats which are more prone to affect a specific organization's environment. Key factors driving the growth of the global threat intelligence market are raising the prevalence of cyber-attacks and data breaches, growing adoption of cloud-based services and internet of things (IoT) devices by several organizations and businesses. In addition, the growing adoption of threat intelligence services and solutions by many sectors such as BSFI, healthcare, military, government, etc., is another attribute fuelling the growth of the global threat intelligence market. However, the cost incurred in the installation is a key factor impeding the market growth. As a result, the threat intelligence market is likely to grow at the rate of 8.3% CAGR by 2027.
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As per the market segments based on solution, the identity and access management solution segment is expanding rapidly. The expansion of the segment is due to the effective security standards for authentication and authorization of users on the basis of access levels. Moreover, as organizations change their business to cloud services, IAM performs a vital part in managing and accessing applications & data by employees without compromising on security protocols.
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Cell-Based Assays Market Size, Growth and Forecast 2026
Cell-based assays are versatile research lab tools employed in healthcare. These tools are designed to target particular cells by using antibodies or other moieties to determine drugs' functionality and efficiency. Also, cell-based assays facilitate the calculation of cell motility and growth and promote research in stem cells, immunology, cancer, and others. The factors driving the cell-based assays market are the rising number of chronic diseases such as cancer, diabetes, epilepsy, and the increasing elderly population. Additionally, the rapidly increasing drug discovery is anticipated to surge the demand for cell-based assays as it is majorly used in examining the efficacy of drugs. Various companies are included in the drug discovery, which increased cell-based assays for examining the new drugs that are expected to fuel the cell-based assays market in the forecast period. Despite the drivers of market growth, the market's restraining factors include high costs of the assays and shortage of skilled labor in this domain. The Cell-Based Assays Market is estimated to grow at the rate of 16.6% CAGR by 2026.
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The market is based on products & services, and this segment is further segmented into consumables, instruments, and services. The consumables segment is likely to hold the highest share in the market. The highest share is majorly ascribed to the increasing usage and requirement in the pre-requisite steps of cell-based assay methodologies
Based on the application of cell-based assays, the market is categorized into drug discovery, basic research, and other applications. The drug discovery segment is witnessing a significant growth rate in the market due to the increase in investments in research and developments for drug discovery by various biopharmaceutical companies and the development of drugs to treat multiple diseases.
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Botanical Extracts Market Growth, Trends and Forecast to 2026
Botanical extracts are focused plant materials that deliver therapeutic properties. They are extracted from several methods like steam distillation, cold pressing, solvent extraction, and oil infusion, among others. The botanical extracts market development is anticipated to be determined by the growing consumption of dietary supplements worldwide. Botanical extracts are utilized in the production of various food & beverage products, especially functional beverages. But the limited supply of raw materials and price fluctuations may hamper the development of the global botanical extracts market during the estimated period. The growing consumer preference for organic food & beverages creates a lucrative opportunity for the key players in the global botanical extracts market. The Botanical Extracts Market is anticipated to grow at the rate of 9.48% CAGR by 2026.
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Based on the Application segment, the market is bifurcated into food, beverages, personal care, pharmaceuticals & nutraceuticals, and others. Botanical extracts can completely inhibit collagen degradation by collagenase enzyme inhibition and maintain protein levels in the skin. Due to such properties, botanical extracts are progressively being used in several natural anti-aging skincare products. They also support combat redness and irritation owing to their antibacterial and anti-inflammatory properties.
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