#Industry Research Reports
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ashimbisresearch · 3 months ago
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Unlocking Industry Insights: How BIS Research Market Reports Drive Strategic Decisions
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In today’s rapidly evolving business landscape, making informed decisions is crucial for staying ahead of the competition. This is where market research reports play a vital role. They offer businesses valuable insights into industry trends, emerging technologies, competitive landscapes, and future growth opportunities.
Why Are Market Research Reports Important?
Market Research Reports are essential for businesses, investors, and industry stakeholders. They provide detailed data and analysis about specific markets, helping companies to make data-driven decisions. From identifying market size and growth potential to analyzing consumer behavior and technological advancements, these reports offer a comprehensive understanding of the market dynamics.
With the increasing complexity of global industries, businesses need reliable and timely industry research reports to understand the competitive landscape, anticipate future challenges, and identify emerging opportunities. BIS Research specializes in delivering these insights across various sectors.
BIS Research: A Trusted Provider of Market Research Reports
High-quality market research on deep technologies that could significantly disrupt the market in the coming years is offered by BIS Research. When it comes to performing market viability analyses for innovations that are still in the early phases of development, BIS Research excels.
Our unique selling point is that we provide market estimates based on secondary research data that are subsequently confirmed by primary research with input from key industry players and other stakeholders.
Precision medicine, medical devices, diagnostics, life sciences, artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), big data analysis, blockchain technology, 3D printing, advanced materials and chemicals, agriculture and FoodTech, mobility, robotics and UAVs, aerospace and defense, and other related fields are the only areas in which we at BIS Research concentrate.
Key features of BIS Research’s market research reports are:
Comprehensive Market Analysis: BIS Research reports offer in-depth analysis of market trends, competitive landscapes, growth opportunities, and supply chain dynamics, enabling strategic decision-making.
Industry-Specific Research Reports: Specialized reports provide tailored insights for specific industries such as healthcare, automotive, and advanced materials, catering to diverse market verticals.
Focus on Emerging Technologies: BIS Research emphasizes emerging technologies like AI, robotics, and biotechnology, showcasing their impact on various industries and future market developments.
Actionable Business Insights: The reports provide actionable insights, helping companies apply research findings to strategies, whether for market expansion, innovation, or operational improvements.
Global Market Coverage: With a global scope, BIS Research’s reports highlight international trends and opportunities, guiding businesses in expanding globally and navigating foreign markets.
Industries Covered by BIS Research
BIS Research covers a broad spectrum of industries, offering industry research reports tailored to the unique needs of each sector.
Advanced Materials and Chemicals
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Agriculture
Automotive
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Electronics & Semiconductors
Energy & Power
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Healthcare
Robotics & Automation
Benefits of Using BIS Research’s Market Research Reports
Informed Decision-Making: With detailed data and actionable insights, BIS Research’s reports empower businesses to make informed decisions, minimizing risks and maximizing growth potential.
Competitive Advantage: Understanding the competitive landscape is key to staying ahead. BIS Research’s industry research reports provide comprehensive competitor analysis, helping companies position themselves effectively in the market.
Identifying Emerging Opportunities: Staying updated on emerging technologies and market trends is crucial for growth. BIS Research helps companies identify new business opportunities and stay ahead of disruptive innovations.
Strategic Planning: Whether expanding into new markets or launching new products, BIS Research’s reports assist in strategic planning by providing reliable data on market size, demand, and growth forecasts.
Conclusion
In today’s competitive business environment, access to reliable and accurate market research reports is essential. BIS Research, with its industry-leading insights and expertise, is a trusted partner for businesses looking to gain a competitive edge. By focusing on emerging technologies and disruptive innovations, BIS Research provides businesses with the tools they need to succeed in the ever-evolving marketplace.
If you're looking for comprehensive insights into your industry, BIS Research’s industry research reports are your go-to solution. Contact BIS Research today to explore their extensive catalog of reports and take the next step in your business growth journey.
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researchers-me · 10 months ago
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Unlock the power of industry research surveys with expert tips on analyzing and interpreting data. Learn valuable insights from industry research analysts and companies to leverage your findings effectively.
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why-animals-do-the-thing · 2 years ago
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Y'all regularly send in questions wanting to know how to report concerns you've observed at zoos you've visited. I've been able to point people at the USDA (regulatory) option, but with regard to accrediting groups I haven't had a good answer. I spent the last six months or so really digging into why there hasn't been a good answer. What I've found is that the majority of zoological accrediting groups in the United States don't provide any way for the public to report issues they've observed at accredited facilities, and none of said organizations have a mechanism for truly supporting / protecting staff who might choose to report issues at their own facilities. Which is. not great.
I wrote a whole Substack post about it a few days ago, arguing that in order to remain credible institutions accrediting groups must facilitate public reporting, anonymous reporting, and commit to enforcing penalties for any retaliation against staff who choose to utilize the option. I'm linking it below for anyone who is interested in all the details. CW at the beginning for animal abuse mentions - I started the piece by discussing a truly egregious welfare situation that occurred last year at a Miami facility, which might have been prevented or at least caught earlier if the two groups that accredit the facility had had a reporting mechanism in place.
What I want to talk about here, though, is specifically why accrediting orgs need to not only have an anonymous reporting option for staff, but why they must ban retaliation and penalize any facility that does it anyway. Whenever something terrible happens at a zoo or sanctuary, people always ask "why didn't the staff say something?" And the answer is, basically, because taking that risk can get you not just fired, but blacklisted from the field. People literally end up having to choose between their careers and making noise about issues that aren't being resolved, and that's absolutely not freaking okay. But I want to explain for you the extent of the issue.
If you're not industry, something you might be surprised to learn is that most zoo staff don't have any special reporting options above and beyond what the public does. Most zookeepers and other low-level staff never interact with people from accrediting groups except during an actual inspection - so if there's a problem, it's not like they know someone they can back-channel a concern to if they don't feel safe reporting it publicly. And for the most part, reporting things your facility is doing to an accrediting group will always be considered inappropriate and probably get a keeper in trouble (even if it's a really valid issue).
The zoological industry runs on a strongly hierarchical system. Staff are expected to “stay within their lanes” and work within the established bureaucracy to resolve issues. Deviating from this, if staff feel like management are suppressing issues or something needs to be addressed urgently, is very heavily frowned upon. Basically, going around management to bring something to an accrediting group (or USDA, or the media) is seen as indicating that your facility has failed to address a problem, or that the individual making the report feels they know more than their superiors. At most places, no matter how extreme an issue may become, there's never a point at which it would be acceptable for a staff member to reveal a facility’s internal issues to their accrediting body. 
The thing is, attempting to resolve issues through the proper internal channels at a facility doesn't always work! It can result in an issue being covered up (especially if the company is kinda shady) or suppressed rather than addressed. If staff decide to push the issue, it can really backfire and jeopardize their job, because it's expected that if management says something is fine, staff need to acquiesce and go along with it.
There have been a couple high-profile examples of this in the last decade: the incident I mention in my Substack where new management at the Miami Seaquarium decided to starve dolphins to coerce them into participating in guest programs, and an issue at the Austin Zoo five-ish years ago where the director was perpetuating serious welfare issues and ignoring staff feedback. In both cases, there's always the questions of where the accrediting group was. We don't know anything about what happened with the Seaquarium (it's been over six months since the USDA report documenting the diet cuts was released and AMMPA and American Humane haven't said a thing), but I remember hearing that ZAA had no idea what was happening at Austin because nobody had reached out to them about it.
This is why I'm arguing that all zoological accrediting groups need to make visible reporting options and make sure staff feel safe enough to use them! If you've got a facility perpetuating or not dealing with major issues, it's pretty probable that they're going to be unhappy if their staff reports those issues to any oversight body. That's not a situation where it's currently safe to speak up right now - and four out of five zoological accrediting groups in the US don't have standards prohibiting retaliation against staff for bringing up issues like that! (Surprisingly, it's not AZA. It's the sanctuary accrediting group, GFAS). Without any option for internal reporting, issues may not get addressed - which hurts animal welfare - or people risk losing their job, possibly their entire career in the field (which is a huge part of people's identities!), and their financial stability to advocate for their animals.
Currently, the two accrediting groups that do have reporting options (AZA and GFAS) stay they'll attempt to keep reports anonymous, but acknowledge it may not be possible to do so. (Which tracks, because zoo jobs are highly specialized and only a few people may be exposed to an issue). However, only GFAS prohibits facilities from retaliating against people who make reports. On top of that, there's absolutely no transparency about what happens next: GFAS, ZAA, AMMPA and AH have no information about how the process transpires and if someone making a report will get any information back about what happened. AZA straight up says that all accreditation stuff is proprietary (read: confidential) so you just have to trust that they dealt with it appropriately. Just yeet your report into the void and hope the groups doing oversight handle it correctly when there's no accountability? That's... not a great look for animal welfare concerns.
I hope the industry chooses to fix this problem. I hope it chooses to invest in transparency and increased credibility. I don't know what I expect, but I'd like to see these accrediting groups do the right thing.
My full write-up on how accrediting groups in the US handle reporting and concerns (or don't) is linked below.
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rahulp3 · 6 months ago
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What Are The Major Factors Driving Retinal Biologics Market Growth?
The Retinal Biologics Market is experiencing a surge in demand, fueled by advancements in eye disease treatments and a growing emphasis on vision health. According to a recent analysis by Future Market Insights (FMI), a leading market research firm, the market is currently valued at an impressive US$22.25 billion in 2022. Looking ahead, the market is projected to witness a remarkable Compound Annual Growth Rate (CAGR) of 11.1% over the next six years. This translates to a staggering market valuation of US$41.92 billion by 2028, highlighting the significant potential of retinal biologics in revolutionizing eye care.The remarkable expansion of the Global Retinal Biologics sector is fueled by advancements in technology, innovative research, and a growing demand for cutting-edge treatments. As the industry continues to evolve, it presents unprecedented opportunities for stakeholders, investors, and healthcare professionals alike.Key Retinal Biologics Market Insights:
Rising Prevalence of Diabetes-related Eye Disorders and Age-related Macular Degeneration (AMD) The prevalence of diabetes-related eye disorders and age-related macular degeneration is on the rise, underscoring the growing need for innovative solutions within the Retinal Biologics Industry.Substantial Investment in R&D for Biologics in Retinal Disorders The industry is witnessing a significant influx of research and development resources, aimed at advancing biologics for both infectious and non-infectious retinal disorders. This investment underscores the commitment to addressing unmet medical needs.
Emergence of Specific Biologic Molecules as Therapeutic Targets Specific biologic molecules are gaining prominence as highly promising therapeutic targets, offering new hope for patients with retinal conditions.Gene Therapy as a Solution for Monogenic Retinal Illnesses With a growing number of monogenic retinal illnesses, gene therapy is emerging as a pivotal component of the Retinal Biologics Market, presenting innovative solutions for these challenging conditions.
Request a Sample Copy of This Report Now.https://www.futuremarketinsights.com/reports/sample/rep-gb-8663
#The Retinal Biologics Market is experiencing a surge in demand#fueled by advancements in eye disease treatments and a growing emphasis on vision health. According to a recent analysis by Future Market I#a leading market research firm#the market is currently valued at an impressive US$22.25 billion in 2022. Looking ahead#the market is projected to witness a remarkable Compound Annual Growth Rate (CAGR) of 11.1% over the next six years. This translates to a s#highlighting the significant potential of retinal biologics in revolutionizing eye care.The remarkable expansion of the Global Retinal Biol#innovative research#and a growing demand for cutting-edge treatments. As the industry continues to evolve#it presents unprecedented opportunities for stakeholders#investors#and healthcare professionals alike.Key Retinal Biologics Market Insights:Rising Prevalence of Diabetes-related Eye Disorders and Age-relate#underscoring the growing need for innovative solutions within the Retinal Biologics Industry.Substantial Investment in R&D for Biologics in#aimed at advancing biologics for both infectious and non-infectious retinal disorders. This investment underscores the commitment to addres#offering new hope for patients with retinal conditions.Gene Therapy as a Solution for Monogenic Retinal Illnesses With a growing number of#gene therapy is emerging as a pivotal component of the Retinal Biologics Market#presenting innovative solutions for these challenging conditions.Request a Sample Copy of This Report Now.https://www.futuremarketinsights.#institutional sales in the Retinal Biologics Industry#where Retinal Biologics are supplied in speciality clinics and hospitals#will generate higher revenues. In 2018#hospital sales accounted for more than 35% of market revenue.According to the report#retail sales of Retinal Biologics will generate comparable revenues to hospital sales and will expand at an 11.9% annual rate in 2019. Reta#with retail pharmacies generating more money than their counterparts in the future years.Penetration in North America Higher#APEJ’s Attractiveness to IncreaseNorth America continues to be the market leader in Retinal Biologics revenue. According to FMI estimates#North America accounted for more than 46% of global Retinal Biologics Industry revenues in 2018. Revenues in North America are predicted to#continuous growth in the healthcare infrastructure#and a favourable reimbursement scenario.Europe accounted for about one-fourth of the Retinal Biologics market#with Western European countries such as Germany#the United Kingdom#France#Italy
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narwatharsh01 · 10 months ago
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Tourism Market: Trends, Growth, and Industry Players
Introduction
The global tourism market is a dynamic sector that continually evolves in response to changing consumer preferences, technological advancements, and global events. As we delve into the current landscape, it is crucial to explore the tourism market size, growth patterns, industry trends, and key players that shape the sector's trajectory.
Tourism Market Size and Growth
The tourism market has witnessed remarkable growth over the past decade. According to the latest data the global international tourist arrivals reached 1.5 billion in 2022, marking a 4% increase from the previous year. The tourism industry's robust growth is attributed to factors such as increased disposable income, improved connectivity, and a growing middle class in emerging economies.
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The COVID-19 pandemic, however, significantly impacted the industry in 2020 and 2021. International tourist arrivals plummeted by 74% in 2020, representing the largest decline in the industry's history. As the world recovers from the pandemic, tourism is experiencing a resurgence. The UNWTO estimates that international tourist arrivals will surpass pre-pandemic levels by 2023, emphasizing the sector's resilience.
Tourism and Hospitality Industry Trends
The tourism and hospitality industry is undergoing transformative changes driven by technological advancements and shifting consumer behaviors. One notable trend is the rise of sustainable tourism. Travelers are increasingly prioritizing destinations and businesses that adopt eco-friendly practices. Hotels, airlines, and tour operators are responding by implementing sustainable initiatives to meet the demands of environmentally conscious travelers.
Another trend shaping the industry is the integration of technology. From mobile apps for seamless bookings to virtual reality experiences, technology is enhancing the overall travel experience. The use of artificial intelligence and big data analytics is also becoming prevalent, enabling businesses to personalize services, predict consumer preferences, and optimize operations.
Tourism Industry Players
The tourism market is comprised of a diverse range of players, including governments, international organizations, tour operators, airlines, hotels, and online travel agencies (OTAs). Notable industry players such as Airbnb, Expedia, and Booking. com have disrupted traditional hospitality models, offering travelers a wide array of accommodation options and personalized experiences.
Governments play a crucial role in shaping the tourism landscape through policies, infrastructure development, and destination marketing. Collaborations between public and private sectors are essential to foster sustainable growth and address challenges such as over-tourism and environmental impact.
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Tourism Market Analysis
A comprehensive analysis of the tourism market involves assessing key factors such as market dynamics, competitive landscape, and regulatory environments. The Asia-Pacific region has emerged as a powerhouse in the tourism sector, with countries like China, India, and Japan experiencing substantial growth. In contrast, established destinations in Europe and North America continue to attract millions of tourists annually.
The post-pandemic recovery has prompted a shift in travel preferences, with a surge in demand for domestic and outdoor experiences. Travelers are seeking off-the-beaten-path destinations, contributing to the diversification of the tourism market.
Travel and Tourism Industry Outlook
Looking ahead, the outlook for the travel and tourism industry is optimistic. The industry is expected to rebound strongly, driven by pent-up demand, increased vaccination rates, and the easing of travel restrictions. The global tourism market is projected to reach $11.38 trillion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
In conclusion, the tourism market is a vibrant and resilient sector that continues to adapt to changing circumstances. Understanding the market size, growth trends, industry players, and emerging dynamics is crucial for stakeholders navigating the evolving landscape. As the world reopens for travel, the industry's ability to innovate and embrace sustainable practices will play a pivotal role in shaping its future success.
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insightinvestnews · 11 months ago
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Bangladesh QSR Market Report: Trends, Analysis, and Growth Insights | P&S Intelligence
The value of the Bangladeshi quick-service restaurants market stood at USD 1,712.4 million in 2023, and this number is projected to reach USD 2,653.4 million by 2030, advancing at a CAGR of 7.1% during 2023–2030. This growth can be credited to the developing lifestyle of the adult populace, the increasing count of QSRs in the nation, the growing demand for fast food among the urban populace, and the rising working populace in the city and semi-urban areas of the country.
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The demand for easy foods is increasing quickly among customers in Bangladesh, due to the parallel variations in the working and social lives and the mounting habit of dining out. People these days like to socialize over good food, away from the house. Therefore, because of the shortage of time, numerous contemporary nuclear families tend to choose convenient, quick meals over old-style meals.
American cuisine is likely to advance at the highest rate during this decade. This is because of the high requirement for fries, pizzas, and burgers among the young populace as well as the busy lifestyle of adults, which makes a requirement for convenience foods. Furthermore, other cuisines like Italian, Mexican, and Chinese, are also broadly prevalent among Bangladeshi citizens.
Moreover, the rising purchasing power of customers with their increasing per capita income, particularly in Dhaka, has boosted the sale of prepared food from QSRs in this nation. Bangladesh's economy is facing an era of low inflation, rising household income, and speedy progress.
As per the World Bank, Bangladesh has a purchasing power parity of 32.1 LCU per international dollar in 2021, in comparison to 16.3 LCU in 2002, advancing at a 3.63% average annual rate.
Furthermore, people, now, socialize with friends, neighbors, or colleagues, as compared to before for social or business purposes. This led to the increasing consumption of meals in fast food settings, which further boosted the industry.
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nbhagat · 1 year ago
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mrudula01 · 1 year ago
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Sustainable Power Generation Drives Floating Power Plant Market
Triton Market Research presents the Global Floating Power Plant Market report segmented by capacity (0 MW- 5 MW, 5.1 MW- 20 MW, 20 MW – 100 MW, 100.1 MW – 250 MW, above 250 MW), and source (non-renewable power source, renewable power source), and Regional Outlook (Latin America, Middle East and Africa, North America, Asia-Pacific, Europe).
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The report further includes the Market Summary, Industry Outlook, Impact Analysis, Porter's Five Forces Analysis, Market Maturity Analysis, Industry Components, Regulatory Framework, Key Market Strategies, Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2023-2028).
Triton's report suggests that the global market for floating power plant is set to advance with a CAGR of 10.74% during the forecast period from 2023 to 2028.
Request Free Sample Report:
Floating power plants are innovative power generation units on floating platforms on water bodies. They serve as primary or backup power sources for specified facilities, utilizing renewable energy sources (solar, wind, etc.) and non-renewable (diesel, natural gas, etc.). These plants offer the advantage of mobility, making them ideal for temporary power generation to tackle local energy shortages.
The increasing popularity of offshore wind projects is due to several market factors, such as the growing demand for clean and sustainable energy sources and advances in offshore wind technology. Also, supportive government policies and the urgent need to combat climate change by reducing carbon emissions further elevate the demand for floating power plants.
Furthermore, the popularity of floating power plants based on IC offers opportunities to the floating power plant market. These innovative power generation systems offer flexibility, scalability, and rapid deployment, catering to remote areas and serving as backup solutions in grid instability situations.
However, challenges like technical complexities, high costs associated with logistics and accessibility, and a shortage of skilled workers for solar panel installation limit the floating power plant market's expansion.
Over the forecast period, the Asia-Pacific region is expected to register the fastest growth. A growing population and increasing industrialization fuel growth prospects. The region is home to a rapidly growing population, which in turn drives the need for expanded power generation capacity. Furthermore, Asia-Pacific is experiencing significant economic growth, with many countries emerging as major global players. This economic expansion is accompanied by a surge in industrial activities and the establishment of new manufacturing units, creating a heightened demand for electricity to support these sectors. Floating power plants present a viable solution to meet this demand, especially in areas with limited land availability.
Floating Power Plant AS, Upsolar Group Co Ltd, SeaTwirl AB, Caterpillar Inc, Mitsubishi Corporation, Wartsila Corporation, Siemens AG, MAN Energy Solutions SE, Kyocera Corporation, and Vikram Solar Limited are prominent companies in the floating power plant market.
Due to its complexity, the floating power plant market poses a moderate threat of new entrants. Capital-intensive development and deployment, along with the need for specialized expertise, act as barriers. Additionally, a skilled workforce in offshore engineering and renewable energy is crucial. Nevertheless, government policies supporting renewable energy adoption, such as feed-in tariffs, subsidies, and favorable regulations, are vital in attracting new players by mitigating financial risks and offering long-term incentives.
Contact Us:
Phone: +44 7441 911839
Website: https://www.tritonmarketresearch.com/
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tritonmarketresearch · 2 years ago
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BIPV Market: Trends Supplement Large-Scale Solar Systems Adoption
As per the International Energy Outlook, the global power demand is expected to rise by 80%, requiring an investment of around $19.7 trillion by 2040. Also, the Paris Agreement set a target of limiting global warming temperature below 2° Celsius, preferably 1.5° Celsius. This has influenced governments to seek innovative ways to reduce emissions while meeting energy demand, which has paved the way for photovoltaic materials in buildings. Triton’s analysis estimates that the global building integrated photovoltaics market will propel at a CAGR of 17.31% during the forecast period 2023-2030.
Building integrated photovoltaics serves the dual purpose of being the outer layer of a building and a power generator. This, in turn, has opened a new frontier in green infrastructure, influencing architects to develop energy-efficient and aesthetically appealing buildings. For instance, Ubiquitous Energy’s transparent solar window panels, UE Power, have emerged as an aesthetically appealing power-generating alternative to conventional windows.
BIPV Revolution: Trends Reshape Energy Landscape
According to the International Renewable Energy Agency (IRENA) , around 90% of the world’s power can be generated with renewable energy by 2050. Since buildings consume high amounts of energy, BIPV integration will facilitate their transition from energy users to producers. On that note, the notable trends reshaping the market are:
Governments perceive investing in green energy solutions as an opportunity to attain GHG reduction targets. Hence, over the past few years, authorities worldwide have employed various measures to stimulate the adoption of sustainable technologies, including BIPV modules, across residential, commercial, and industrial sectors. For example:
As per the Indian Ministry of New & Renewable Energy (MNRE) , the government has implemented the production-linked incentive (PLI) scheme for high-efficiency solar PV modules with an outlay of INR 24,000 crore, to achieve domestic manufacturing capacity of solar PV cells and modules.
In 2021, the German government amended the Renewable Energy Act by establishing grid priority to drive the onshore wind, solar PV, and biogas growth. The government proposed to increase its solar capacity installations to 100 GW by 2030.
The Chinese government also formulated a policy that requires all new buildings to conform to energy guidelines modeled after LEED specifications. This policy combines a recent initiative to reconstruct 50% of residential high-rise buildings. The country is anticipated to add more than 600 GW of solar power by 2030.
Reaping the benefits from such incentives, the industrial sector leads the BIPV market at 39.54%. However, over the forecast period 2023-2030, the commercial sector is expected to witness the fastest growth at 17.38%.
As per IEA, the global solar PV generation reached around 821 TWh in 2020, a whopping 23% increase from 2019. The energy association also stated that next to utility-scale deployment, distributed applications on buildings contribute to around 40% of PV use globally. In this regard, rooftop-based applications are alleviating the burden on the distribution grids, enabling companies and households to pay lesser energy bills while reducing emissions. Moreover, the cost of installing rooftop PV systems reached around $1 per watt. Hence, roofing captures the majority of the market share at 55.69% in terms of application.
China drives the global market, followed by the US, European nations, and Japan playing a major role. The rise in installations from around 19.4 GW in 2017 to 27.3 GW in 2021 was the key aspect that made China a leader in rooftop installations. For instance, Shanghai and Dezhou have acquired the title of ‘Solar City’, which features a large fleet of rooftop solar water heaters. Besides, the Net Zero Energy Building mandate across China is expected to accelerate the PV roofing segment, with solar tiles gaining major traction. Hence, these developments are expected to widen the scope of the Asia-Pacific BIPV market over the forecast period 2023-2030.
IEA projects that photovoltaic systems are estimated to account for approximately 14% of the total power generation by 2050, owing to the rising detrimental impact of fossil fuels. In fact, the organization stated that PV systems saved more than 860 million tons of C02 in 2020. The construction industry is highly innovative in the commercial sector owing to the development of cost-effective zero-emission green facilities.
As per IRENA, Germany ranks fourth in solar energy production globally. In 2021, the nation installed solar capacities of almost 60 GW, an increase of 5.3 GW from 2020. These actions are based on the country’s aim to obtain a 65% share of the renewable energy sector by 2030. Moreover, the Energy Efficiency Strategy for Building suggested advanced technology development to achieve the goal of a virtually climate-neutral building stock by 2050. Hence, the growing focus on sustainable energy sources fuels the overall Europe BIPV market, spearheaded mainly by Germany.
PV Cost Reduction: A Driving Force for Market Players
Since photovoltaic systems generate energy with around 42% efficiency using multi-junction cells, they have emerged as an ideal alternative over complex installations, such as wind turbines. As per the UN, between 2010 to 2020, the cost of power from solar systems plummeted by around 85%. This highlights the question:
What induced PV cost reduction?
The significant cost decline is mainly because of overproduction and higher investment in PV modules. Another factor is the efforts by Chinese suppliers and wholesalers to reduce the stock held in European warehouses to prevent anti-dumping and anti-subsidy tariffs. This oversupply, from China to Europe thus shrunk the cost of silicon. Such developments led energy solutions supplier Sungrow to supply products to the world’s largest BIPV plant (120 MW) in Central China’s Jiangxi Province. Therefore, the increasing efficiency, ease of installation, and decreasing cost of PV modules over conventional sources like coal and natural gas are expected to open new avenues for players in the building integrated photovoltaics market.
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shreeisspecial · 2 hours ago
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In today’s rapidly evolving world, staying updated with ongoing and upcoming trends is crucial for personal and professional growth. Whether you're a business professional aiming to stay competitive, a creative looking for inspiration, or simply someone who enjoys being in the loop, keeping abreast of trends helps you remain relevant and informed. This guide explores various methods to stay updated with trends across different fields and offers practical tips to ensure you’re always on the cutting edge.
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healthtechpulse · 10 days ago
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ashimbisresearch · 3 months ago
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Market Research Reports, Trends, Forecasts & In-Depth Analysis | BIS Research
At BIS Research, our market research reports are a testament to our expertise in identifying and analyzing emerging technology trends.
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researchers-me · 1 year ago
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An analysis of consumer behavior in industry research
Dive into the heart of consumer behavior with our insightful blog on industry research, revealing the power of reports, analysts, surveys, and collaboration with industry research companies. Stay ahead in the market by decoding the nuanced patterns shaping consumer choices.
Read More : https://blooder.net/read-blog/44760_a-analysis-of-consumer-behavior-in-industry-research.html
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mrfrmarket · 21 days ago
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wissenresearchllc · 22 days ago
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marketprofessional · 23 days ago
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High-Level Disinfection Services Market: Safeguarding Health with Advanced Cleaning
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The Importance of High-Level Disinfection: The High-Level Disinfection Services Market has seen a surge in demand as the need for sterile environments becomes more critical in hospitals, clinics, and public spaces. These services use advanced technologies and protocols to eliminate pathogens and reduce the spread of infection. 🚫 Trends: Ultraviolet (UV) disinfection, electrostatic sprayers, and automated cleaning systems. 🛡️ Impact: Boosting safety and hygiene standards, protecting patients and healthcare staff. #Disinfection #HygieneServices #HealthSafety
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