#Energy Retrofit Systems Market Revenue

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Energy Retrofit Systems Market Segmented On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 13 June 2023: The Report Energy Retrofit Systems Market Size, Share & Trends Analysis Report By Product (Envelope, LED Retrofit Lighting, HVAC Retrofit, Appliances), By Application, By Region, And Segment Forecasts, 2023 – 2030 The global energy retrofit systems market size is expected to reach USD 237.16 billion by 2030, registering a CAGR of 6.3% according to a new report by…

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Marine Parallel Hybrid Propulsion Market Size, Share, Overview Demand & Competitive Landscape by 2032

The global marine parallel hybrid propulsion market size stood at USD 0.90 billion in 2022. The market revenue is anticipated to increase from USD 1.03 billion in 2023 to USD 2.25 billion by 2030, registering a CAGR of 11.9% from 2023 to 2030.

Marine parallel hybrid propulsion systems encompass various vessels like leisure boats, tugs, wind energy ships, and high-speed passenger ferries. The market is expected to grow owing to increasing regulations aiming to reduce carbon emissions in the marine industry.

Fortune Business Insights™ shares this information in its report titled “Marine Parallel Hybrid Propulsion Market, 2023-2030.”

Informational Source:

List of Key Players Profiled in the Market Report

ABB Ltd. (Switzerland)

Rolls-Royce Holdings plc (U.K.)

Caterpillar Inc. (U.S.)

General Electric Company (U.S.)

Nidec Industrial Solutions (Italy)

MAN Energy Solutions (Germany)

Siemens AG (Germany)

Mitsubishi Heavy Industries, Ltd. (Japan)

Wärtsilä Oyj Abp (Finland)

Cummins Inc. (U.S.)

Segmentation

Surging Demand for Different Towing Activities Drives the Tugs & Barge Segment Growth

Based on ship type, the market is divided into tugs & barge, offshore vessel, fishing vessel, research and survey vessel, search and rescue vessel, patrol boats, passenger ship, recreational boats, and landing crafts. The tugs and barge segment holds the largest marine parallel hybrid propulsion market share, driven by their rapid adoption for towing or guiding large ships in small rivers.

Increasing Need for High Power Consumption for Heavy Shipments Fuele the 1,000 HP to 3,000 HP Segment Expansion

In terms of engine power rating, the market is classified into upto 150 HP, 150 to 500 HP, 500 HP to 1,000 HP, and 1,000 HP to 3,000 HP. The 1,000 HP to 3,000 HP segment leads the global market share due to the need for high power consumption in heavy shipments.

Growing Usage of IC Engines with Green Fuels Accelerated Segment Growth

On the basis of component, the market is segregated into IC engine, generator, power management system, battery, gearbox, and others. The IC engine segment dominates the global market, attributed to its increasing use with green fuels.

Rapid Innovations in Existing Fleet of Vessels with Retrofitting Propel Segment Growth

By installment, the segment is categorized into line fit and retro fit. The retro fit segment secured a dominant position in the global market. Rapid innovations in the existing fleet of vessels with the help of retrofitting are catalyzing segment growth.

Rapid Innovations in Motor Capacity to Manage High Loads Boosted the 200 KW to 400 KW Segment Growth

In terms of motor capacity, the market is segmented into upto 50 KW, 50 KW to 200 KW, and 200 KW to 400 KW. The 200 KW to 400 KW segment commanded the global market. Rapid innovations in motor capacity to manage high loads are augmenting the segment growth.

Report Coverage

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Drivers and Restraints

Increasing Need for More Vessels to Ship Products Efficiently is Boosting Market Progress

The need for more vessels to facilitate efficient global product shipping due to increased international trade is predicted to drive market expansion. Operational management enhancement and logistic system analysis by shippers, retailers, and supply chain managers are propelling the marine parallel hybrid propulsion market growth.

However, integration challenges might hinder the demand for marine parallel hybrid propulsion systems in the future.

Regional Insights

Asia Pacific Augments Market Growth Owing to Increasing Ship Building Activities

Asia Pacific holds the largest market share. The region’s market development is attributed to increased shipbuilding activities in China, India, Japan, and others.

Market growth in North America is fueled by an increase in maritime vessels and a focus on R&D by various OEMs in integrating parallel hybrid propulsion systems.

Competitive Landscape

Increasing Focus on System Deployment in Ships by Companies to Stimulate Market Growth

Key market players are concentrating on deploying marine parallel hybrid propulsion systems in diverse ships, anticipated to drive market expansion. The market consists of prominent companies such as Rolls-Royce Holdings plc, Caterpillar Inc., General Electric Company, and others.

Key Industry Development

July 2023: Svitzer requested nine new tugboats from shipyards in China and Turkey. Med Marine, in response, will construct four escort class tugs at the Eregli Shipyard, deploying them in a Greek liquefied natural gas terminal.

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Hydronic Radiators Market Analytical Overview and Growth Opportunities by 2034

Hydronic Radiators Market Outlook 2034

The Hydronic Radiators market report is predicted to develop at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2034, when global Hydronic Radiators market forecast size is projected to reach USD 7.27 Billion in 2034, based on an average growth pattern. The global Hydronic Radiators market revenue is estimated to reach a value of USD 4.84 Billion in 2024.

Devices that use hot water as a heating source are known as hydronic radiators. Since heat is not lost during the movement of heated air, they may be more energy-efficient than forced air heaters. Additionally, consumers with allergies or respiratory conditions have come to like these radiators due to their lack of air movement and airborne particulates.

Request Sample PDF Now:

https://wemarketresearch.com/reports/request-free-sample-pdf/hydronic-radiators-market/1618

Hydronic Radiators Market Trends

The automation of hydronic heating is expected to be a popular market trend in the coming years. The rising trend of smart homes will give rise to the need for smart heating and cooling products. For instance, in September 2022, HomeKit-compatible smart radiator thermostat named Radiator Thermostat E1. This product facilitates the automation of hydronic radiators, receiving signals from outside the unit. The product supports Zigbee 3.0 at launch, accompanied by Google Home, HomeKit, IFTTT, Amazon Alexa, and other technologies, with expected support for smart home protocols in upcoming software updates. This product is unique from its competitors as it receives temperature readings directly from a connected Aqara temperature sensor.

Due to regulatory requirements, environmental awareness, and the growing trend toward energy-efficient technologies, the industry is expected to grow significantly. Growing emphasis on indoor air quality and occupant comfort, along with the growing demand for sustainable heating solutions, have supported hydronic heating systems in emerging economies. Additionally, government funding programs and stimulus packages targeted at reviving building and retrofit projects will boost economic potential.

Hydronic Radiators Key Player

Arbonia AG

Riello Group

Hunt Heating

PURMO Group

Zehnder Group

Kermi GmbH

Ferroli S.p.A.

Runtal North America

Tesi Srl

Buderus (Bosch Group)

Svedbergs

Vallis Group

Caleffi

Radox Radiators

Others

Hydronic Radiators Market Segments

By Product Type

Panel Radiators

Column Radiators

Towel Radiators

Underfloor Heating Radiators

Baseboard Radiators

Custom Radiators

By Material Type

Steel Radiators

Aluminum Radiators

Cast Iron Radiators

Copper Radiators

Others

By Distribution Channel

Online Sales

Retail Sales

Wholesale Distribution

Direct Sales

By End-use Application

Residential

Commercial

Industrial

Key Benefits of Hydronic Radiators

Energy Efficiency: One of the primary reasons hydronic radiators are in high demand is their energy efficiency. Water retains heat longer than air, allowing the system to operate at a lower temperature while still providing ample warmth.

Cost Savings: Although the initial installation of hydronic radiators can be higher than traditional heating methods, the long-term cost savings make it a valuable investment. With energy-efficient technology, hydronic systems can significantly reduce heating bills.

Comfortable and Consistent Heating: Unlike forced-air heating systems, which can create hot and cold spots, hydronic radiators provide uniform heat across a room. This creates a more comfortable and cozy environment, especially during colder months.

Hydronic Radiators Industry: Regional Analysis

North America Market Forecast

A sizeable portion of the hydronic radiator market is accounted for by North America, especially the US and Canada. The need for more ecological and energy-efficient heating options has led to the region's constant growth. Because of its effectiveness and long-term cost reductions, hydronic heating is preferred in areas with harsh winters, such as the Northeastern United States and Canada.

Europe Market Statistics

With almost 45% of the market share, Europe is the largest market for hydronic radiators. With the highest proportion of the global market for hydronic radiators, Europe is the main region. In nations with colder temperatures, like Germany, the UK, Italy, and Scandinavia, hydronic heating systems are especially popular. Particularly in residential, commercial, and industrial buildings, hydronic radiators are the favored option due to the need for effective heating solutions in colder climates. Regulations from the European Union, such the Energy Performance of Buildings Directive (EPBD), require buildings to be energy efficient. This encourages the adoption of hydronic heating systems, which are more effective than conventional heating options.

Frequently Asked Questions

What is the market size of Hydronic Radiators Market in 2024?

What is the growth rate for the Hydronic Radiators Market?

Which are the top companies operating within the market?

Which region dominates the Hydronic Radiators Market?

Conclusion

In Conclusion, the hydronic radiators market is poised for substantial growth as consumers and businesses alike turn to energy-efficient, cost-effective, and environmentally friendly heating solutions. With a wide range of benefits, from energy savings to consistent comfort, hydronic radiators are leading the way toward a greener, more sustainable future. If you’re considering an upgrade to your heating system, hydronic radiators might be the perfect solution for your home or business.

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Clean Coal Technology Market Will Grow at Highest Pace Owing to Rising Emissions Control Regulations and Concerns

The rapid industrialization and urbanization have significantly increased emissions of particulate matter and gases from various industries and power plants. Coal-fired power plants are one of the largest contributors to air pollution. However, clean coal technologies help reduce the emission of pollutants like sulfur oxides, nitrogen oxides and dust from coal combustion. These technologies make use of various emission control devices and pollution abatement systems to clean the flue gases before releasing them into the atmosphere. The growing awareness about the environmental impacts of air pollution and stringent emissions norms by regulatory bodies will drive the demand for clean coal technologies, especially in developing countries which are heavily dependent on coal for power generation. The global clean coal technology market is estimated to be valued at US$ 4.24 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 to 2031.

Clean Coal Technology Market Size involve the combustion of coal in a controlled manner with integrated pollution control systems to reduce emissions. Some of the widely used clean coal technologies are supercritical pulverized coal combustion, fluidized bed combustion, gasification and carbon capture and storage. They help optimize the combustion process, bring down emissions and improve energy efficiency of coal-fired power plants. The growing need to curb emissions within regulatory limits without hampering power production is a key factor driving the adoption of clean coal technologies worldwide. Clean Coal Technology Market Size and Trends is growing across countries due to rising power needs of the ever-expanding populations and rapid economic development. Power generation from coal is set to increase globally in the coming years. This will drive the demand for technologies that help reduce emissions from coal power plants in line with emission norms. Market Trends

Two of the major trends in the clean coal technology market include rising demand for carbon capture, utilization and storage technologies and increasing focus on supercritical technology. Carbon capture and storage technologies play a vital role in mitigating carbon emissions from coal-fired plants. Major power producers are evaluating the feasibility of incorporating carbon capture facilities. Supercritical technology offers higher efficiency and lower emissions compared to subcritical plants. Many countries are undertaking projects to retrofit aging subcritical plants with supercritical technology units. Market Opportunities

Increasing investments in CCUS projects offer significant opportunities. Countries are drafting policies and offering incentives to encourage investments in CCUS projects over the next decade. Developing advanced gasification technologies through private-public partnership models can unlock new growth prospects. The upcoming emission norms in China and India present a major market opportunity. Incorporating carbon capture facilities in new coal-power projects planned in these fast-growing economies will drive revenues in the market.

Get more insights on, Clean Coal Technology Market

For Deeper Insights, Find the Report in the Language that You want.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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Retrofitting Existing Buildings With Commercial Heat Pumps

Modern heat pump technology can significantly increase energy efficiency and lower costs in older commercial buildings. Retrofitting entails swapping out antiquated HVAC systems for cutting-edge heat pumps, which offer year-round heating and cooling. Over time, this eco-friendly technology raises a property’s value by reducing carbon emissions and achieving environmental objectives. These systems are thus a great option for businesses wishing to update their infrastructure, enhance comfort, and save operating expenses.

Completing a retrofit successfully

To find inefficiencies and ascertain the building’s heating and cooling requirements, a thorough energy audit is the first step in the retrofitting process. Businesses have the option of using ground-source or air-source heat pumps, depending on the environment and structural factors. While ground-source systems use regular subterranean temperatures to ensure stable performance in harsh regions, air-source systems are frequently easier to integrate into existing infrastructure. After the right system has been chosen, the installation procedure is meticulously organized to cause the least amount of disturbance. Important actions include improving insulation, modernizing ductwork, and making sure electrical systems are compatible. Cutting-edge features like defrost cycles, which stop ice from accumulating on exterior coils in the winter, guarantee effective performance in a range of weather situations.

Benefits of retrofitting

Installing heat pumps in older commercial buildings has several and substantial advantages. These systems save a significant amount of revenue on utility costs as they are much more energy-efficient than conventional HVAC units. Additionally, by efficiently controlling indoor temperatures in both the hot and cold months, heat pumps offer reliable comfort all year round. The capacity to manage the climate improves productivity and tenant pleasure. Because they comply with contemporary environmental standards and energy-efficient laws, rehabilitated buildings frequently see a gain in market value from an economic perspective. Heat pumps are therefore a sustainable solution that enhances the long-term value of commercial properties while simultaneously satisfying existing environmental demands. For building owners looking to maintain their competitiveness in an energy-conscious market, retrofitting is an alluring investment due to the cost savings, enhanced comfort, and higher property value.

Challenges in retrofitting

Retrofitting older commercial buildings with contemporary heat pumps can be challenging, despite the many benefits. Installation may be made more difficult by structural constraints including space constraints or the requirement to alter existing ducts. Additionally, building owners with limited funds may be concerned about the initial expense of updating HVAC systems. However, a number of financial incentives can help to lessen these difficulties. These initiatives lower the initial outlay of funds and increase accessibility to the retrofit. Furthermore, regardless of the age or form of the building, heat pumps may now be more easily integrated into a variety of building types thanks to advancements in technology. Heat pumps are a practical solution for a variety of business properties, making the retrofitting process easier and guaranteeing long-term energy efficiency, thanks to their adaptable installation options and systems made to work in different settings.

The future of retrofitted buildings

Retrofitting commercial buildings with heat pumps is a proactive solution to the increasing energy regulations and growing environmental concerns. Businesses may modernize their facilities and drastically lower their carbon footprint by switching to these energy-efficient devices. Heat pumps provide a renewable energy source that lessens reliance on fossil fuels, which is in line with sustainability goals. They increase operational efficiency in addition to assisting companies in meeting ever-tougher environmental regulations. Heat pumps are positioned to play a key role in developing environmentally conscious, energy-efficient business facilities as the world moves towards renewable energy sources, enabling both immediate cost savings and long-term sustainability.

Retrofitting commercial buildings with modern heat pump technology is more than just an upgrade; it’s an investment in the future. This procedure improves the environmental effect of buildings while also increasing energy efficiency and lowering operating expenses. It also supports sustainability objectives. Businesses can update their spaces with heat pumps, guaranteeing long-term value through increased comfort, lower energy use, and adherence to changing standards. Retrofitting is an essential means of developing commercial spaces that use less energy as firms continue to adopt renewable energy. Vindsol provides businesses with sustainable, effective solutions for heating and cooling throughout the year by offering premium quality commercial heat pumps. Every commercial heat pump in Bangalore available here is extremely versatile, and can be configured and equipped for installation in commercial projects, and in apartment blocks of virtually any size.

Resource: Read more

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Immersion Cooling Market Revenue, Opportunity, Forecast Report 2030

The global immersion cooling market was valued at approximately USD 197.0 million in 2022, with projections indicating a robust compounded annual growth rate (CAGR) of 22.6% between 2023 and 2030. This growth is primarily driven by the escalating demand for energy-efficient and cost-effective cooling solutions, particularly from data centers. Data centers have emerged as critical hubs for handling the vast volumes of data generated globally, necessitating innovative cooling technologies like immersion cooling to improve efficiency and sustainability.

The onset of the COVID-19 pandemic in 2020 imposed significant challenges on the industry. Strict lockdowns enforced by governments globally disrupted the expansion of the immersion cooling market. Data center consolidation activities, including server relocation, facility closures, and new construction projects, faced delays due to restrictions and logistical difficulties. However, the pandemic also spurred an increase in demand for data center services, fueled by the widespread shift to remote work and the growth of e-commerce. As more businesses transitioned to online platforms, the need for robust data center infrastructure intensified, indirectly benefitting the immersion cooling market.

In the U.S., the immersion cooling market experienced notable changes due to the pandemic. Companies expanded their capacities to address the rising demand for immersion cooling technologies from data centers. Additionally, the pandemic accelerated the adoption of e-commerce across diverse enterprises, consumer bases, and product categories. The growing demand for Internet of Things (IoT) capabilities and advanced cloud computing infrastructure is expected to drive the development of hyperscale data centers in the U.S., further boosting the market for immersion cooling solutions.

The immersion cooling market is characterized by the presence of both global and regional players offering proprietary solutions. Many manufacturers retrofit standard Information Technology Equipment (ITE) to align with their immersion cooling technologies. Customized solutions tailored to client-specific requirements also contribute to the market's dynamism.

Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market

Regional Insights:

North America

In 2022, North America dominated the market, capturing a 35.8% share of global revenues. The region's leadership can be attributed to the prevalence of large-scale data centers and the growing demand for high-performance computing servers. These servers generate substantial heat, increasing the operational burden on cooling systems and necessitating efficient cooling technologies like immersion cooling.

Asia Pacific

The Asia Pacific region is expected to witness the highest growth, with a CAGR of 24.5% during the forecast period. Businesses in this region are increasingly adopting hybrid IT infrastructures and colocation solutions to enhance scalability and resilience. SaaS and PaaS providers in Asia Pacific are also leveraging public cloud platforms to expand their service offerings, creating significant opportunities for immersion cooling technologies.

Europe

The COVID-19 pandemic brought data centers into the spotlight in Europe, amplifying investor interest in the sector over the last five years. According to a Real Estate Europe survey conducted in late 2020, data centers ranked among the top ten investment categories, following residential and logistics assets.

Central and South America

In Central and South America, initiatives to develop smart cities and IT infrastructure are anticipated to drive market growth. Governments in this region are investing in smart city projects and encouraging private enterprises to deploy advanced technologies. This trend is likely to increase the installation of IoT servers, data centers, and related devices, thereby fostering the growth of the immersion cooling industry.

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

The global wood and laminate flooring market size was estimated at USD 58.96 billion in 2024 and is projected to grow at a CAGR of 5.5% from 2025 to 2030.

The global brewery equipment market size was estimated at USD 18.45 billion in 2024 and is anticipated to grow at a CAGR of 6.1% from 2025 to 2030.

Key Companies & Market Share Insights:

The competitive landscape of the immersion cooling market is defined by intense competition among key players striving to establish market leadership. Companies are focusing on value chain integration, partnerships, collaborations, and innovative product development to strengthen their positions.

For instance:

Green Revolution Cooling and Asperitas have collaborated to raise awareness about immersion cooling technologies.

Liquid Stack partnered with Wiwyn in March 2021 to enhance IT infrastructure tailored for two-phase immersion cooling systems.

Such strategic initiatives allow companies to cater to the evolving technological needs of data centers and IT industries, solidifying their market shares and advancing the adoption of immersion cooling solutions.

Key Immersion Cooling Companies:

Fujitsu Limited

Dug Technology

Green Revolution Cooling Inc.

Submer

Liquid Stack

Midas Green Technologies

Asperitas

DCX- The Liquid Cooling Company

LiquidCool Solutions

ExaScaler Inc.

Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.

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Immersion Cooling Market 2030 Rising Demand, Opportunities, Future Scope, Market Status

The global immersion cooling market was valued at approximately USD 197.0 million in 2022, with projections indicating a robust compounded annual growth rate (CAGR) of 22.6% between 2023 and 2030. This growth is primarily driven by the escalating demand for energy-efficient and cost-effective cooling solutions, particularly from data centers. Data centers have emerged as critical hubs for handling the vast volumes of data generated globally, necessitating innovative cooling technologies like immersion cooling to improve efficiency and sustainability.

The onset of the COVID-19 pandemic in 2020 imposed significant challenges on the industry. Strict lockdowns enforced by governments globally disrupted the expansion of the immersion cooling market. Data center consolidation activities, including server relocation, facility closures, and new construction projects, faced delays due to restrictions and logistical difficulties. However, the pandemic also spurred an increase in demand for data center services, fueled by the widespread shift to remote work and the growth of e-commerce. As more businesses transitioned to online platforms, the need for robust data center infrastructure intensified, indirectly benefitting the immersion cooling market.

In the U.S., the immersion cooling market experienced notable changes due to the pandemic. Companies expanded their capacities to address the rising demand for immersion cooling technologies from data centers. Additionally, the pandemic accelerated the adoption of e-commerce across diverse enterprises, consumer bases, and product categories. The growing demand for Internet of Things (IoT) capabilities and advanced cloud computing infrastructure is expected to drive the development of hyperscale data centers in the U.S., further boosting the market for immersion cooling solutions.

The immersion cooling market is characterized by the presence of both global and regional players offering proprietary solutions. Many manufacturers retrofit standard Information Technology Equipment (ITE) to align with their immersion cooling technologies. Customized solutions tailored to client-specific requirements also contribute to the market's dynamism.

Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market

Regional Insights:

North America

In 2022, North America dominated the market, capturing a 35.8% share of global revenues. The region's leadership can be attributed to the prevalence of large-scale data centers and the growing demand for high-performance computing servers. These servers generate substantial heat, increasing the operational burden on cooling systems and necessitating efficient cooling technologies like immersion cooling.

Asia Pacific

The Asia Pacific region is expected to witness the highest growth, with a CAGR of 24.5% during the forecast period. Businesses in this region are increasingly adopting hybrid IT infrastructures and colocation solutions to enhance scalability and resilience. SaaS and PaaS providers in Asia Pacific are also leveraging public cloud platforms to expand their service offerings, creating significant opportunities for immersion cooling technologies.

Europe

The COVID-19 pandemic brought data centers into the spotlight in Europe, amplifying investor interest in the sector over the last five years. According to a Real Estate Europe survey conducted in late 2020, data centers ranked among the top ten investment categories, following residential and logistics assets.

Central and South America

In Central and South America, initiatives to develop smart cities and IT infrastructure are anticipated to drive market growth. Governments in this region are investing in smart city projects and encouraging private enterprises to deploy advanced technologies. This trend is likely to increase the installation of IoT servers, data centers, and related devices, thereby fostering the growth of the immersion cooling industry.

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

The global wood and laminate flooring market size was estimated at USD 58.96 billion in 2024 and is projected to grow at a CAGR of 5.5% from 2025 to 2030.

The global brewery equipment market size was estimated at USD 18.45 billion in 2024 and is anticipated to grow at a CAGR of 6.1% from 2025 to 2030.

Key Companies & Market Share Insights:

The competitive landscape of the immersion cooling market is defined by intense competition among key players striving to establish market leadership. Companies are focusing on value chain integration, partnerships, collaborations, and innovative product development to strengthen their positions.

For instance:

Green Revolution Cooling and Asperitas have collaborated to raise awareness about immersion cooling technologies.

Liquid Stack partnered with Wiwyn in March 2021 to enhance IT infrastructure tailored for two-phase immersion cooling systems.

Such strategic initiatives allow companies to cater to the evolving technological needs of data centers and IT industries, solidifying their market shares and advancing the adoption of immersion cooling solutions.

Key Immersion Cooling Companies:

Fujitsu Limited

Dug Technology

Green Revolution Cooling Inc.

Submer

Liquid Stack

Midas Green Technologies

Asperitas

DCX- The Liquid Cooling Company

LiquidCool Solutions

ExaScaler Inc.

Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.

[researchrealmblog]

The U.S. HVAC Services Market: Trends, Challenges, and Opportunities

Market Overview

The U.S. HVAC services market is projected to generate approximately USD 26.9 billion in revenue in 2024, with a compound annual growth rate of 3.4% expected from 2024 to 2030, reaching around USD 32.9 billion by 2030.

This growth is largely driven by an increasing emphasis on green energy and environmental sustainability, which has led to a higher adoption of HVAC systems that reduce energy consumption, along with related services that ensure their efficient operation. The booming construction industry is a significant contributor to the expansion of the U.S. HVAC services market. Factors such as population growth, rapid urbanization, and a surge in building construction are fueling this demand.

According to the U.S. Census Bureau, the U.S. population is anticipated to grow by about 7% from 2019 to 2029. Additionally, government initiatives aimed at promoting home ownership are leading to substantial residential construction activities, as evidenced by a 4.9% increase in the construction budget allocation in 2023. As the need for HVAC systems rises, so does the demand for services such as installation, upgrades, replacements, maintenance, and repairs.

The market is also driven by a heightened focus on energy efficiency. Regular maintenance of HVAC systems can lead to significant energy savings. With increasing government initiatives aimed at enhancing energy efficiency and reducing carbon emissions, the demand for HVAC services is consistently rising.

For instance, the Department of Energy (DoE) has implemented new efficiency standards for furnaces to ensure minimum airflow efficiency for residential furnace fans, which is expected to cut carbon pollution by 34 million metric tons and promote energy efficiency. Consequently, there is an increasing need for HVAC services, particularly in maintenance and upgrades or replacements, in light of this growing emphasis on energy efficiency.

Key Insights

The upgradation/replacement category will dominate the HVAC services market with a 40% share in 2024.

The consulting category is projected to have the highest CAGR of 3.8% during the forecast period.

Professional HVAC experts conduct visual evaluations to identify issues before recommending maintenance.

Cooling solutions are essential for both residential and commercial buildings, enhancing employee efficiency.

An increase in commercial buildings will further drive market growth.

The split unit category will generate significant revenue in 2024, supported by extensive service guides.

Maintenance costs for split units primarily involve labor, filters, and fan blade replacements.

Routine servicing for split units is necessary to check for blockages and leakages.

The ventilation category is expected to show the highest CAGR due to the need for annual maintenance of large fans in various facilities.

Growing awareness of air pollution and green building benefits is boosting demand for air cleaner services.

The retrofit buildings category will hold a 70% market share in 2024, driven by a large installed HVAC base.

The new construction category is anticipated to grow at a higher CAGR due to rising consulting service demand.

The commercial sector will generate the highest revenue in 2024, boosted by growth in the hospitality sector.

The upcoming FIFA World Cup 2026 will positively impact HVAC demand in the U.S.

The Southern region will have the largest market share in 2024 due to its diverse climatic conditions.

Source: P&S Intelligence

[tamanna31]

Immersion Cooling 2023 Industry Size, Status, Analysis and Forecast 2030

Immersion Cooling Industry Overview

The global immersion cooling market size was estimated at USD 197.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 22.6% from 2023 to 2030. 

The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth. Strict lockdowns enforced by global governments in the wake of the COVID-19 pandemic in 2020 hampered industry expansion. The lockdowns also impacted data centers, wherein data center consolidation was put on hold. Moving servers, closing buildings, and constructing a new location were all more difficult in the COVID-19 universe. Data centers showed growth in demand, owing mostly to the global workforce working from home and an increase in e-commerce.

Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market

The immersion cooling market in the U.S. is undergoing a shift owing to the COVID-19 pandemic as players in this space undertook capacity expansion to meet the increasing demand for the product from data centers. The COVID-19 crisis spurred the spread of e-commerce to new enterprises, customers, and product categories. Furthermore, the rising need for IoT capabilities and cloud computing infrastructure in the U.S. is likely to fuel demand for data centers, particularly hyper-scale data centers.

The market exhibits the presence of several global as well as regional players. Several proprietary immersion cooling solutions are available in the industry and various manufacturers retrofit off-the-shelf Information Technology Equipment (ITE) to make it compatible with their technology. In addition, manufacturers offer customized solutions to their clients as per requirements.

The increasing demand for IoT functionality and cloud computing infrastructure is expected to drive the demand for data centers, especially hyper-scale data centers. Hyperscale data centers enable digital platforms to store and transfer data efficiently. As compared to modern data centers, hyper-scale facilities have high-volume traffic as well as the capability to handle heavy computing workloads.

Although systems are very efficient in removing heat from IT equipment, the capital costs associated with additional components and hardware modification are high, which can act as a challenge to the overall industry growth. In addition, servicing of systems is expected to present new challenges for Managed Service Providers (MSPs) and data center service partners.

Immersion Cooling Market Segmentation

Grand View Research has segmented the global immersion cooling market report on the basis of product, application, cooling liquid, and region:

Product Outlook (Revenue, USD Million; 2018 - 2030)

Single-Phase

Two-Phase

Application Outlook (Revenue, USD Million; 2018 - 2030)

High-performance Computing

Edge Computing

Cryptocurrency Mining

Artificial Intelligence

Others

Cooling Liquid Outlook (Revenue, USD Million; 2018 - 2030)

Mineral Oil

Fluorocarbon-based Fluids

Deionized Water

Others

Regional Outlook (Revenue, USD Million; 2018 - 2030)

North America

US

Canada

Europe

Germany

Italy

France

UK

Netherlands

Russia

Asia Pacific

China

India

Japan

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

South Africa

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global power quality measurement equipment market size was estimated at USD 35.6 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030. 

The global automotive steel wheels market size was estimated at USD 14.94 billion in 2023 and is forecasted to grow at a CAGR of 2.5% from 2024 to 2030.

Key Companies & Market Share Insights

The immersion cooling market is highly competitive with major companies striving for industry leadership. Key players emphasize integration across the value chain to strengthen their market positions. Strategies employed by companies include collaborations, partnerships, and new product development to enhance their industry positions. Companies such as Green Revolution Cooling and Asperitas have partnered to create awareness about systems in the industry space.

Strategies help the companies in enhancing their industry share and providing to the changing technological demand of various end-use industries such as data centers and IT companies. For instance, in March 2021, Liquid Stack collaborated with Wiwyn to advance the IT infrastructure designed for 2-phase immersion cooling. Some prominent players in the global immersion cooling market include:

Fujitsu Limited

Dug Technology

Green Revolution Cooling Inc.

Submer

Liquid Stack

Midas Green Technologies

Asperitas

DCX- The Liquid Cooling Company

LiquidCool Solutions

ExaScaler Inc.

Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.

[bmodernelectric01]

Commercial Electricians in Orange County: Ensuring Business Continuity

In the bustling business environment of Orange County, California, maintaining a reliable electrical system is crucial for ensuring operational continuity. commercial electrician in orange county play an essential role in this regard, providing a wide range of services that help businesses avoid costly disruptions. This article delves into the various aspects of commercial electrical services, their importance, and how they contribute to business continuity.

Understanding the Role of Commercial Electricians

Commercial electricians specialize in electrical systems used in business settings. Unlike residential electricians, their expertise focuses on larger, more complex installations that require a deep understanding of electrical codes and safety regulations. Their responsibilities include installing, maintaining, and repairing electrical systems, ensuring that businesses run smoothly without interruptions.

Importance of Electrical Systems in Business

Electrical systems are the backbone of any commercial establishment. From lighting to power supply, the reliability of these systems directly impacts productivity and safety. A sudden electrical failure can halt operations, leading to financial losses and diminished customer trust. Therefore, having skilled commercial electricians on hand is vital for mitigating risks associated with electrical failures.

Key Services Offered by Commercial Electricians

Installation of Electrical Systems

One of the primary responsibilities of commercial electricians is the installation of electrical systems. This includes wiring for new buildings, lighting installations, and the setup of power outlets. Proper installation is critical to ensure compliance with local building codes and safety standards.

Maintenance and Inspections

Regular maintenance and inspections are essential for preventing electrical issues before they escalate. Commercial electricians offer routine checks to identify potential problems, ensuring that systems function efficiently and safely. This preventive approach can save businesses significant costs associated with emergency repairs and downtime.

Upgrades and Retrofits

As businesses grow, their electrical needs often change. Commercial electricians provide upgrade and retrofit services to enhance existing systems. Whether it’s improving energy efficiency or expanding capacity, these upgrades ensure that electrical systems can accommodate changing requirements.

Emergency Repairs

Electrical emergencies can occur at any time, posing serious risks to business operations. Commercial electricians are typically available for emergency repairs, swiftly addressing issues such as power outages, faulty wiring, or equipment failures. Rapid response to these emergencies is crucial for minimizing downtime and ensuring business continuity.

The Impact of Electrical Failures on Businesses

Financial Consequences

Electrical failures can lead to significant financial losses. Downtime resulting from power outages or system failures can halt production, delay services, and result in lost revenue. Additionally, businesses may incur costs related to emergency repairs, equipment replacement, or even legal liabilities if an electrical failure leads to injuries.

Safety Risks

Beyond financial implications, electrical failures present serious safety risks. Overloaded circuits, faulty wiring, and inadequate grounding can lead to fires or electrocution. Ensuring a safe working environment is paramount, and commercial electricians play a vital role in maintaining electrical safety standards.

Reputation Damage

In today’s competitive market, a business's reputation is invaluable. Frequent electrical issues can lead to customer dissatisfaction, damaging a company’s credibility. Timely and effective electrical services help businesses maintain their reputation by ensuring reliable operations.

Choosing the Right Commercial Electrician

Qualifications and Experience

When selecting a commercial electrician, it’s essential to consider their qualifications and experience. Licensed electricians have undergone rigorous training and are knowledgeable about local codes and regulations. Experience in similar projects is also a significant indicator of a contractor's capability to handle specific business needs.

Range of Services

Different businesses have varying electrical requirements. It’s beneficial to choose a commercial electrician who offers a comprehensive range of services, from installations to emergency repairs. This versatility ensures that all electrical needs can be met by a single provider, fostering a strong working relationship.

Reputation and Reviews

Researching a contractor’s reputation can provide valuable insights into their reliability and quality of work. Online reviews, testimonials, and word-of-mouth recommendations can help businesses find trusted electricians who are known for their professionalism and expertise.

Response Time and Availability

In emergencies, time is of the essence. A commercial electrician’s response time can significantly impact a business’s downtime during an electrical crisis. Choosing an electrician who offers 24/7 service can provide peace of mind, knowing that help is always available when needed.

The Future of Commercial Electrical Services

Emphasis on Energy Efficiency

As businesses increasingly seek to reduce operating costs and environmental impact, energy efficiency has become a priority. Commercial electricians are now focusing on installing energy-efficient systems and technologies, such as LED lighting and advanced HVAC systems. These upgrades not only lower utility bills but also contribute to sustainability goals.

Smart Building Technologies

The rise of smart building technologies is revolutionizing the commercial electrical landscape. Electricians are now tasked with integrating smart systems that allow for remote monitoring and control of electrical systems. This innovation enhances efficiency, security, and convenience, making it easier for businesses to manage their energy consumption.

Compliance with Evolving Regulations

As electrical codes and regulations continue to evolve, commercial electricians must stay updated on the latest requirements. This ongoing education ensures that businesses remain compliant with safety standards, thereby reducing the risk of penalties and enhancing overall safety.

Conclusion

In Orange County, the role of commercial electricians is indispensable for ensuring business continuity. Their expertise in installation, maintenance, and emergency repairs helps businesses mitigate risks associated with electrical failures. By providing reliable and efficient electrical systems, these professionals contribute significantly to operational success and safety.

Choosing the right commercial electrician involves evaluating qualifications, services offered, reputation, and response time. As the industry evolves with a focus on energy efficiency and smart technologies, businesses must adapt to these changes to remain competitive. Investing in quality electrical services not only protects a company’s bottom line but also fosters a safe and productive work environment. Ultimately, the partnership between businesses and skilled commercial electricians is vital for sustained success in a rapidly changing landscape.

[industrynewsupdates]

Immersion Cooling Market Analysis And Segment Forecast, 2030

The global immersion cooling market size was estimated at USD 197.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 22.6% from 2023 to 2030. 

The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth.Strict lockdowns enforced by global governments in the wake of the COVID-19 pandemic in 2020 hampered industry expansion. The lockdowns also impacted data centers, wherein data center consolidation was put on hold. Moving servers, closing buildings, and constructing a new location were all more difficult in the COVID-19 universe. Data centers showed growth in demand, owing mostly to the global workforce working from home and an increase in e-commerce.

Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market

The immersion cooling market in the U.S. is undergoing a shift owing to the COVID-19 pandemic as players in this space undertook capacity expansion to meet the increasing demand for the product from data centers. The COVID-19 crisis spurred the spread of e-commerce to new enterprises, customers, and product categories. Furthermore, the rising need for IoT capabilities and cloud computing infrastructure in the U.S. is likely to fuel demand for data centers, particularly hyper-scale data centers.

The market exhibits the presence of several global as well as regional players. Several proprietary immersion cooling solutions are available in the industry and various manufacturers retrofit off-the-shelf Information Technology Equipment (ITE) to make it compatible with their technology. In addition, manufacturers offer customized solutions to their clients as per requirements.

The increasing demand for IoT functionality and cloud computing infrastructure is expected to drive the demand for data centers, especially hyper-scale data centers. Hyperscale data centers enable digital platforms to store and transfer data efficiently. As compared to modern data centers, hyper-scale facilities have high-volume traffic as well as the capability to handle heavy computing workloads.

Although systems are very efficient in removing heat from IT equipment, the capital costs associated with additional components and hardware modification are high, which can act as a challenge to the overall industry growth. In addition, servicing of systems is expected to present new challenges for Managed Service Providers (MSPs) and data center service partners.

Immersion Cooling Market Segmentation

Grand View Research has segmented the global immersion cooling market report on the basis of product, application, cooling liquid, and region:

Product Outlook (Revenue, USD Million; 2018 - 2030)

• Single-Phase

• Two-Phase

Application Outlook (Revenue, USD Million; 2018 - 2030)

• High-performance Computing

• Edge Computing

• Cryptocurrency Mining

• Artificial Intelligence

• Others

Cooling Liquid Outlook (Revenue, USD Million; 2018 - 2030)

• Mineral Oil

• Fluorocarbon-based Fluids

• Deionized Water

• Others

Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o Italy

o France

o UK

o Netherlands

o Russia

• Asia Pacific

o China

o India

o Japan

o Australia

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o Saudi Arabia

o South Africa

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

• The global power quality measurement equipment market size was estimated at USD 35.6 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030. 

• The global automotive steel wheels market size was estimated at USD 14.94 billion in 2023 and is forecasted to grow at a CAGR of 2.5% from 2024 to 2030.

Key Companies & Market Share Insights

The immersion cooling market is highly competitive with major companies striving for industry leadership. Key players emphasize integration across the value chain to strengthen their market positions. Strategies employed by companies include collaborations, partnerships, and new product development to enhance their industry positions. Companies such as Green Revolution Cooling and Asperitas have partnered to create awareness about systems in the industry space.

Strategies help the companies in enhancing their industry share and providing to the changing technological demand of various end-use industries such as data centers and IT companies. For instance, in March 2021, Liquid Stack collaborated with Wiwyn to advance the IT infrastructure designed for 2-phase immersion cooling. Some prominent players in the global immersion cooling market include:

• Fujitsu Limited

• Dug Technology

• Green Revolution Cooling Inc.

• Submer

• Liquid Stack

• Midas Green Technologies

• Asperitas

• DCX- The Liquid Cooling Company

• LiquidCool Solutions

• ExaScaler Inc.

Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.

[ps1396262]

Underfloor Heating Market Revenue, Driving Factors, Key Players, Strategies, Trends Forecast Till 2030

The Underfloor Heating Market was valued at USD 4.9 billion in 2023 and will surpass USD 7.9 billion by 2030; growing at a CAGR of 7.0% during 2024 - 2030. Underfloor heating (UFH) has evolved from a luxury feature in high-end homes to a widely accepted heating solution in both residential and commercial spaces. As energy efficiency and sustainable living become increasingly important, the underfloor heating market has experienced significant growth. This blog will explore the factors driving this market expansion, the types of underfloor heating systems, and the potential challenges ahead.

Read More about Sample Report: https://intentmarketresearch.com/request-sample/underfloor-heating-market-3593.html

Why Underfloor Heating is Gaining Popularity

Energy Efficiency

One of the primary drivers behind the growth of the underfloor heating market is its energy efficiency. Unlike traditional radiators, which can result in uneven heating and energy wastage, underfloor heating systems distribute warmth evenly across the floor. This ensures that the heat rises naturally and maintains a consistent temperature throughout the room. With energy costs rising globally, the efficiency of UFH systems makes them an attractive option for homeowners and businesses looking to reduce their energy consumption.

Comfort and Aesthetics

Underfloor heating eliminates the need for radiators, allowing for more flexibility in interior design. The absence of radiators creates a cleaner, more aesthetically pleasing space, making it particularly appealing for modern and minimalist designs. Additionally, the consistent warmth provided by UFH systems enhances comfort, especially in colder climates.

Sustainability

As concerns over climate change grow, there is an increasing emphasis on sustainable building practices. UFH systems, particularly those that can be powered by renewable energy sources, are seen as a more environmentally friendly alternative to traditional heating methods. This alignment with sustainability goals has further fueled the adoption of underfloor heating in both residential and commercial settings.

Types of Underfloor Heating Systems

1. Electric Underfloor Heating

Electric UFH systems use electrical cables or mats installed beneath the floor surface. These systems are relatively easy to install and are ideal for retrofitting in existing buildings. However, they can be more expensive to run compared to hydronic systems, making them more suitable for smaller areas or rooms that require less frequent heating.

2. Hydronic (Water-Based) Underfloor Heating

Hydronic UFH systems use a network of pipes to circulate warm water under the floor. These systems are more energy-efficient than electric systems, especially in larger spaces. They are often connected to a boiler, heat pump, or solar water heating system, making them an excellent choice for new builds or extensive renovations where energy efficiency is a priority.

Market Challenges

While the underfloor heating market is growing, it is not without its challenges. The initial installation cost of UFH systems can be high, especially for hydronic systems, which require significant changes to the building’s infrastructure. Additionally, the installation process can be complex and time-consuming, requiring skilled labor, which may not be readily available in all regions.

Another challenge is the lack of awareness and understanding among potential customers. Many people are still unfamiliar with underfloor heating systems or may have misconceptions about their cost-effectiveness and efficiency. Educating consumers about the long-term benefits and potential energy savings of UFH systems is crucial for continued market growth.

Ask for Customization Report: https://intentmarketresearch.com/ask-for-customization/underfloor-heating-market-3593.html

The Future of the Underfloor Heating Market

The underfloor heating market is poised for continued expansion as more people recognize the benefits of these systems. Advances in technology, such as the integration of smart home systems and improved energy efficiency, are likely to further drive adoption. Moreover, as building regulations increasingly favor energy-efficient and sustainable construction practices, UFH systems will likely become a standard feature in new builds.

In conclusion, the underfloor heating market is growing rapidly, driven by the demand for energy-efficient, comfortable, and sustainable heating solutions. While there are challenges to overcome, the future looks bright for this market as it continues to evolve and adapt to changing consumer needs and environmental concerns. As more people experience the benefits of underfloor heating, it is set to become an essential component of modern living.

[saltypeanutnerd]

Film de fenêtre d'architecture, Prévisions de la Taille du Marché Mondial, Classement et Part de Marché des 15 Premières Entreprises

Selon le nouveau rapport d'étude de marché “Rapport sur le marché mondial de Film de fenêtre d'architecture 2024-2030”, publié par QYResearch, la taille du marché mondial de Film de fenêtre d'architecture devrait atteindre 5320 millions de dollars d'ici 2030, à un TCAC de 4.3% au cours de la période de prévision.

Figure 1. Taille du marché mondial de Film de fenêtre d'architecture (en millions de dollars américains), 2019-2030

Figure 2. Classement et part de marché des 15 premiers acteurs mondiaux de Film de fenêtre d'architecture (Le classement est basé sur le chiffre d'affaires de 2023, continuellement mis à jour)

Selon QYResearch, les principaux fabricants mondiaux de Film de fenêtre d'architecture comprennent Eastman, 3M, Saint-Gobain, Madico, Johnson, Shuangxing, Nexfil, Hanita, Haverkamp, KDX, etc. En 2023, les cinq premiers acteurs mondiaux détenaient une part d'environ 27.0% en termes de chiffre d'affaires.

According to QYResearch, the global key manufacturers of Architecture Window Film include Eastman, 3M, Saint-Gobain, Madico, Johnson, Shuangxing, Nexfil, Hanita, Haverkamp, KDX, etc. In 2023, the global top five players had a share approximately 27.0% in terms of revenue.

The Architecture Window Film market is influenced by several key drivers that cater to the growing demand for energy efficiency, sustainability, and aesthetic enhancements in buildings. Here are the primary drivers shaping this market:

1. Energy Efficiency Regulations and Standards: Increasing global focus on energy efficiency and sustainability in buildings is a major driver for the Architecture Window Film market. Window films help reduce solar heat gain in summer and heat loss in winter, improving the energy performance of buildings. Compliance with energy codes and standards pushes building owners and developers to adopt window film solutions to achieve energy savings.

2. Rising Energy Costs: Escalating energy costs drive the demand for solutions that can reduce building operational expenses. Window films provide a cost-effective way to improve the thermal efficiency of existing windows without the need for costly window replacement. They help reduce HVAC (Heating, Ventilation, and Air Conditioning) costs by reducing the load on cooling and heating systems.

3. Growing Awareness of Environmental Impact: Increasing awareness of environmental issues and carbon footprint reduction motivates building owners to invest in sustainable building solutions. Window films contribute to environmental goals by reducing energy consumption, lowering greenhouse gas emissions, and extending the life cycle of existing windows, thus reducing waste.

4. Comfort and Productivity: Window films enhance indoor comfort by reducing glare and balancing temperatures throughout the building. They help create a more comfortable indoor environment for occupants, which can positively impact productivity and well-being in commercial, residential, and institutional buildings.

5. UV Protection and Health Benefits: Window films provide UV protection by blocking a significant portion of harmful UV rays that can cause skin damage and fade interior furnishings. This UV protection feature is increasingly valued in buildings where occupants require protection from prolonged exposure to sunlight.

6. Architectural Design and Aesthetics: Advances in window film technology have expanded design possibilities, allowing architects and designers to incorporate window films as a part of the building's aesthetic appeal. Window films come in various colors, patterns, and textures, offering architects flexibility in achieving design objectives while enhancing building performance.

7. Building Retrofit and Renovation Trends: The trend towards building renovation and retrofitting to improve efficiency and performance without extensive construction drives the adoption of window films. Window films offer a cost-effective and minimally disruptive solution compared to full window replacement, making them attractive for retrofit projects.

8. Technological Advancements in Window Film: Ongoing advancements in window film technology, such as spectrally selective films, smart films, and self-healing films, expand the functionality and appeal of window films in the architecture market. These innovations enhance performance attributes like solar control, privacy, and durability, driving adoption across diverse building types.

In summary, the Architecture Window Film market is driven by the need for energy efficiency, sustainability, occupant comfort, regulatory compliance, aesthetic enhancement, and technological innovation. These drivers collectively contribute to the growth and adoption of window films as a versatile solution for improving building performance and indoor environments.

À propos de QYResearch

QYResearch a été fondée en 2007 en Californie aux États-Unis. C'est une société de conseil et d'étude de marché de premier plan à l'échelle mondiale. Avec plus de 17 ans d'expérience et une équipe de recherche professionnelle dans différentes villes du monde, QYResearch se concentre sur le conseil en gestion, les services de base de données et de séminaires, le conseil en IPO, la recherche de la chaîne industrielle et la recherche personnalisée. Nous société a pour objectif d’aider nos clients à réussir en leur fournissant un modèle de revenus non linéaire. Nous sommes mondialement reconnus pour notre vaste portefeuille de services, notre bonne citoyenneté d'entreprise et notre fort engagement envers la durabilité. Jusqu'à présent, nous avons coopéré avec plus de 60 000 clients sur les cinq continents. Coopérons et bâtissons ensemble un avenir prometteur et meilleur.

QYResearch est une société de conseil de grande envergure de renommée mondiale. Elle couvre divers segments de marché de la chaîne industrielle de haute technologie, notamment la chaîne industrielle des semi-conducteurs (équipements et pièces de semi-conducteurs, matériaux semi-conducteurs, circuits intégrés, fonderie, emballage et test, dispositifs discrets, capteurs, dispositifs optoélectroniques), la chaîne industrielle photovoltaïque (équipements, cellules, modules, supports de matériaux auxiliaires, onduleurs, terminaux de centrales électriques), la chaîne industrielle des véhicules électriques à énergie nouvelle (batteries et matériaux, pièces automobiles, batteries, moteurs, commande électronique, semi-conducteurs automobiles, etc.), la chaîne industrielle des communications (équipements de système de communication, équipements terminaux, composants électroniques, frontaux RF, modules optiques, 4G/5G/6G, large bande, IoT, économie numérique, IA), la chaîne industrielle des matériaux avancés (matériaux métalliques, polymères, céramiques, nano matériaux, etc.), la chaîne industrielle de fabrication de machines (machines-outils CNC, machines de construction, machines électriques, automatisation 3C, robots industriels, lasers, contrôle industriel, drones), l'alimentation, les boissons et les produits pharmaceutiques, l'équipement médical, l'agriculture, etc.

[amey-inkwood]

Forklift Truck Market: Impact of Automated Manufacturing Facilities

First developed in the early 20th century by companies such as Clark and Yale & Towne Manufacturing, forklifts are powered industrial trucks used to lift and move materials across short distances. The two power-operated prongs at the front of the vehicle can slide under heavy loads and then be raised for stacking and moving objects in shipping depots, warehouses, and more. According to Inkwood Research, the global forklift truck market is set to grow with a CAGR of 6.60% over the forecast years of 2023 to 2032. The market is set to capture a revenue share of $130.75 billion, reaching a volume of 2546.21 thousand units by 2032.

Request a FREE Sample of the Forklift Truck Market Market: https://www.inkwoodresearch.com/reports/forklift-truck-market/#request-free-sample

How Automation is Restructuring the Production Space

The automation of manufacturing facilities has revolutionized logistics and supply chain management. Key advantages of automation in manufacturing facilities include:

More efficient use of materials

Higher production rates and increased productivity

Improved safety and reduced costs

Reduced factory lead times

Shorter workweeks for labor

Better product quality

With increased automation in warehouses and factories, the demand for efficient and smart material handling solutions has surged. Forklift trucks have proven to be optimal in this automated landscape, facilitating seamless movement of goods, optimizing processes, and ensuring safety. Technological advancements in automated forklift trucks have made them significant assets in material handling, especially in large facilities where human workers may need to cover long distances for hauling, picking, and putaway functions. The adoption of energy retrofit systems, including energy-efficient technology, HVAC retrofit, and LED retrofit solutions, has also become integral in these facilities to enhance energy efficiency.

Stay Up-to-Date with the Latest Global Forklift Truck Market

Automation Meets Manufacturing Efficacy | The Indispensable Role of Forklift Trucks

The demand for automation, particularly in the form of smart and autonomous forklifts, in the manufacturing industry is influenced by several key factors, including the need for increased operational efficiency and the ability to handle complex and heavy loads. Advancements in forklift technology and the subsequent rise in production capacities have led to the following developments:

Diverse End-User Applications: Forklifts play a pivotal role in various manufacturing industries such as retail & e-commerce, construction, mining, and manufacturing. Warehouses heavily rely on these versatile vehicles for the efficient lifting and transportation of cargo. Notably, retail & e-commerce is set to be the fastest-growing and dominating end-user during the forecast period. The adoption of energy retrofit technologies in these sectors has further optimized operations.

Retail & E-commerce: The e-commerce sector's growth has led to warehouses adapting to smaller aisles and taller shelves to optimize inventory visibility and facilitate faster delivery, increasing demand for compact and efficient forklifts tailored to this industry.

Mining Sector: Utilizes heavy-duty, high-capacity lift trucks to handle demanding operations. The adoption of energy retrofit systems for mining has also enhanced energy efficiency in these challenging environments.

Construction Sector: Forklifts are essential for transporting heavy building materials across challenging terrains, acting as both lifting equipment and vehicles. Energy-efficient systems in construction sites have improved operational efficiency and sustainability.

Prominence of ICE Powered Forklifts: Internal combustion (IC) engines continue to be favored for high-throughput applications, outdoor tasks, and environments requiring multiple shifts. ICE-powered forklift trucks find extensive application in industries such as iron, steel, automobile manufacturing, and shipbuilding. As these manufacturing sectors grow, so will the adoption and expansion of ICE-powered forklifts.

High Adoption in Food & Beverage and Pharmaceuticals: In the manufacturing industry, electric forklifts play a pivotal role, especially in sectors such as food & beverage and pharmaceuticals. Electric lift trucks enable efficient and precise handling of products. The advanced ergonomics and minimal emissions of forklift trucks make them suitable for applications in the food industry, where energy-efficient buildings and deep energy retrofits are becoming more prevalent.

Asia-Pacific’s Strong Foothold: Countries across Asia-Pacific, including China, Japan, and India, are highly engaged in manufacturing and construction activities. These projects generate significant demand for forklift trucks for handling goods. The Asia-Pacific forklift truck market is projected to grow with the highest CAGR of 6.83%, with China capturing a dominant revenue share of 46.31% by 2032. China's manufacturing sector is poised for growth with government initiatives promoting new projects in areas such as manufacturing, packaging, and public health, further driving the demand for forklifts and energy retrofit solutions.

Automation is revolutionizing the future of material handling operations, offering significant cost savings and seamless integration with existing operations. Automating fleets of forklifts can add substantial value to manufacturing operations. With the notable presence of leading companies such as Toyota Industries Corporation, KION AG, Hyster-Yale Materials Handling Inc, and others, the global forklift truck market is set to witness lucrative growth prospects during the forecast period. Additionally, the adoption of energy retrofit systems, including energy-efficient technology and energy-efficient buildings, will continue to drive innovation and efficiency in material handling and manufacturing operations.

Frequently Asked Questions (FAQs) –

1.    What is the difference between forklifts and trucks? A: While trucks are better suited for lifting lighter materials to increased elevations, forklifts are optimal for moving heavier objects at lower heights.

2.    What are the main types of forklift engines? A: Forklift engines can be separated into two main categories, namely, electric engines and internal combustion (IC) engines. According to our experts, electric powered is expected to be the fastest-growing engine type during the forecast period.

[psatalk]

manroland Goss claims positive results from drupa 2024

The Augsburg-based printing press company sees itself as having huge domain knowledge in big web offset presses and their automation and maintenance using the latest sensors and software. It continues to use its legacy engineering and manufacturing resources to produce more efficient, automated and easier-to-maintain book, magazine and newspaper web offset presses and with its expertise to diversify its expertise to heavy-duty digital finishing solutions and the new area of packaging printing.

Notably, the group comprising several divisions comprising tasks including manufacturing, assembly, spare parts, maintenance, servicing and engineering, reports revenue in the past year of Euro 250 million with a commendable EDIBTA of 10%. This level of viability compares positively with the EDIBTA of some of the other German heavy metal printing press companies – giving room for optimism about the reinvention of manroland Goss.

On our visit to the company’s expansive drupa stand, we are shown its AI-based maintenance platform Maintellisense that can increase productivity in print production and reduce wastage of newsprint and other consumables, energy and manpower. The press and automation of the future are available and the only question is how many book, magazine and newspaper press owners are ready to buy a new machine or system.

How many of the automation and AI-based maintenance features can be cost-effectively retrofitted, and ultimately, which publishers and press owners have the self-belief to invest in new equipment as their legacy hardware reaches its end-of-life and spare parts can still be procured or locally manufactured? Here manroland Goss made a strong statement at drupa24 – the company is still visible, viable and ready to support its existing customers.

Sustainable flexible paper packaging solution presented

The Varioman leverages the low cost of offset plates and the high-quality reproduction of web offset technology and their sustainability that allows the use of new inks and curing systems including EB inks. manroland Goss and Huber announced an agreement just before drupa that is likely to advance the Varioman further into food packaging where it has already made some impact. Another emphasis of the new press using new curing systems is on flexible paper packaging which has become a sustainability trend.

The company says flexible paper packaging for frozen products printed in web offset is paving the way to a more sustainable packaging world. As it did at IpackIma in Milan in 2022, the company talks about the Varioman printing flexible paper packaging for frozen pizzas. At drupa, it has enlarged the conversation to retrofitting options for web offset printing presses for the packaging sector. This quite understandably met with significant interest among trade show visitors, particularly newspaper press owners who have been looking at the packaging sector as an area of diversification, although it bears further understanding.

The co-created flexible paper packaging ‘Pizza A Mano’ for frozen products attracted visitor interest. The cooperation partners manroland Goss, hubergroup, Weiss Druck and Koehler Paper were able to show samples of what is possible in terms of sustainability in collaborative projects with specific objectives. The partners claim the new development when compared to conventional frozen pizza packaging uses up to 80% less CO2 and material. Compared to traditional frozen pizza packaging made of cardboard and plastic, the new development using recyclable paper, printed in web offset, is something the co-operation partners want to build on and continue the project in further expansion stages.

Digital transformation for a successful future

“We look back on drupa 2024 in a very positive light,” noted Franz Kriechbaum, CEO at manroland Goss. “We feel validated that our product and service solutions provide the right answers to the challenging market dynamics and position us as a valuable partner to our customers. For example, our AI-based maintenance platform Maintellisense meets the demanding requirements of today’s service and maintenance offerings. It supports our customers in keeping pace with the dynamic developments in their markets.”

The company reports that it is experiencing high demand and significant interest in its core web offset business areas, including packaging, illustration, newspaper, and book printing, as well as digital finishing solutions. It says that at drupa, it achieved successful business transactions in the tens of millions of Euros across various product categories.

[fairfield-research]

Oil and Gas Cybersecurity Market : Top Factors That Are Leading The Demand Around The Global

The global oil & gas cybersecurity market from 2023 to 2030. The report highlights a robust Compound Annual Growth Rate (CAGR) of 5.8% during this period, with the market size anticipated to surge, reaching a staggering US$44.2 billion by 2030.

For more information: https://www.fairfieldmarketresearch.com/report/oil-and-gas-cybersecurity-market

Rising Demand for Robust Cybersecurity Solutions

The oil & gas industry is undergoing a profound digital transformation, embracing technologies such as Internet of Things (IoT), remote monitoring, automation, and data analytics to enhance operational efficiency. However, this digitalization has exposed the industry to evolving cyber threats, necessitating the adoption of robust cybersecurity solutions. Fairfield Market Research identifies key players leading the charge in cybersecurity adoption, including OMV, ExxonMobil, and Equinor.

Leading Vendors in Oil & Gas Cybersecurity

Among the prominent vendors providing cybersecurity solutions to the oil & gas industry are Siemens Energy, RigNet, Fortinet, Forescout, Mission Secure, Sectrio, Kognitiv Spark, XONA, Darktrace, and EY. These companies are at the forefront of developing innovative technologies to safeguard critical infrastructure and data from cyber threats.

Addressing the Growing Threat Landscape

The oil and gas sector faces escalating cyber threats, including ransomware attacks, supply chain vulnerabilities, and nation-state-sponsored espionage. Recent high-profile incidents like the Colonial Pipeline ransomware attack have underscored the industry's vulnerability and the potential for catastrophic consequences. To mitigate these risks, companies are prioritizing investments in advanced threat detection and response solutions.

Trends Shaping the Oil & Gas Cybersecurity Market

Fairfield Market Research identifies several trends driving the growth of the oil & gas cybersecurity market, including:

IT/OT convergence

AI and ML-based threat detection

Supply chain security

Cloud security

Threat intelligence sharing

Workforce training

Compliance-as-a-service

Threat hunting services

Regional Outlook

North America and Europe collectively hold a revenue share of over 70% in the global oil & gas cybersecurity industry. However, the Asia Pacific region is expected to witness strong growth driven by increased awareness and government support for cybersecurity initiatives.

Challenges and Opportunities

While the industry experiences rapid growth, it also faces challenges such as legacy systems and resource constraints. Retrofitting legacy infrastructure and recruiting skilled cybersecurity professionals pose significant hurdles. However, opportunities abound, especially in the convergence of IT and OT security, advanced threat detection, supply chain security, cloud security, and workforce training.

Regulatory Landscape

Governments worldwide are imposing stringent cybersecurity regulations on the energy sector to safeguard critical infrastructure. Compliance with frameworks like NIST, NERC CIP, and GDPR is not only a legal requirement but also a competitive advantage.