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The specific process by which Google enshittified its search
I'm touring my new, nationally bestselling novel The Bezzle! Catch me SATURDAY (Apr 27) in MARIN COUNTY, then Winnipeg (May 2), Calgary (May 3), Vancouver (May 4), and beyond!
All digital businesses have the technical capacity to enshittify: the ability to change the underlying functions of the business from moment to moment and user to user, allowing for the rapid transfer of value between business customers, end users and shareholders:
https://pluralistic.net/2023/02/19/twiddler/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/04/24/naming-names/#prabhakar-raghavan
Which raises an important question: why do companies enshittify at a specific moment, after refraining from enshittifying before? After all, a company always has the potential to benefit by treating its business customers and end users worse, by giving them a worse deal. If you charge more for your product and pay your suppliers less, that leaves more money on the table for your investors.
Of course, it's not that simple. While cheating, price-gouging, and degrading your product can produce gains, these tactics also threaten losses. You might lose customers to a rival, or get punished by a regulator, or face mass resignations from your employees who really believe in your product.
Companies choose not to enshittify their products…until they choose to do so. One theory to explain this is that companies are engaged in a process of continuous assessment, gathering data about their competitive risks, their regulators' mettle, their employees' boldness. When these assessments indicate that the conditions are favorable to enshittification, the CEO walks over to the big "enshittification" lever on the wall and yanks it all the way to MAX.
Some companies have certainly done this – and paid the price. Think of Myspace or Yahoo: companies that made themselves worse by reducing quality and gouging on price (be it measured in dollars or attention – that is, ads) before sinking into obscure senescence. These companies made a bet that they could get richer while getting worse, and they were wrong, and they lost out.
But this model doesn't explain the Great Enshittening, in which all the tech companies are enshittifying at the same time. Maybe all these companies are subscribing to the same business newsletter (or, more likely, buying advice from the same management consultancy) (cough McKinsey cough) that is a kind of industry-wide starter pistol for enshittification.
I think it's something else. I think the main job of a CEO is to show up for work every morning and yank on the enshittification lever as hard as you can, in hopes that you can eke out some incremental gains in your company's cost-basis and/or income by shifting value away from your suppliers and customers to yourself.
We get good digital services when the enshittification lever doesn't budge – when it is constrained: by competition, by regulation, by interoperable mods and hacks that undo enshittification (like alternative clients and ad-blockers) and by workers who have bargaining power thanks to a tight labor market or a powerful union:
https://pluralistic.net/2023/11/09/lead-me-not-into-temptation/#chamberlain
When Google ordered its staff to build a secret Chinese search engine that would censor search results and rat out dissidents to the Chinese secret police, googlers revolted and refused, and the project died:
https://en.wikipedia.org/wiki/Dragonfly_(search_engine)
When Google tried to win a US government contract to build AI for drones used to target and murder civilians far from the battlefield, googlers revolted and refused, and the project died:
https://www.nytimes.com/2018/06/01/technology/google-pentagon-project-maven.html
What's happened since – what's behind all the tech companies enshittifying all at once – is that tech worker power has been smashed, especially at Google, where 12,000 workers were fired just months after a $80b stock buyback that would have paid their wages for the next 27 years. Likewise, competition has receded from tech bosses' worries, thanks to lax antitrust enforcement that saw most credible competitors merged into behemoths, or neutralized with predatory pricing schemes. Lax enforcement of other policies – privacy, labor and consumer protection – loosened up the enshittification lever even more. And the expansion of IP rights, which criminalize most kinds of reverse engineering and aftermarket modification, means that interoperability no longer applies friction to the enshittification lever.
Now that every tech boss has an enshittification lever that moves very freely, they can show up for work, yank the enshittification lever, and it goes all the way to MAX. When googlers protested the company's complicity in the genocide in Gaza, Google didn't kill the project – it mass-fired the workers:
https://medium.com/@notechforapartheid/statement-from-google-workers-with-the-no-tech-for-apartheid-campaign-on-googles-indiscriminate-28ba4c9b7ce8
Enshittification is a macroeconomic phenomenon, determined by the regulatory environment for competition, privacy, labor, consumer protection and IP. But enshittification is also a microeconomic phenomenon, the result of innumerable boardroom and product-planning fights within companies in which would-be enshittifiers try to do things that make the company's products and services shittier wrestle with rivals who want to keep things as they are, or make them better, whether out of principle or fear of the consequences.
Those microeconomic wrestling-matches are where we find enshittification's heroes and villains – the people who fight for the user or stand up for a fair deal, versus the people who want to cheat and wreck to make things better for the company and win bonuses and promotions for themselves:
https://locusmag.com/2023/11/commentary-by-cory-doctorow-dont-be-evil/
These microeconomic struggles are usually obscure, because companies are secretive institutions and our glimpses into their deliberations are normally limited to the odd leaked memo, whistleblower tell-all, or spectacular worker revolt. But when a company gets dragged into court, a new window opens into the company's internal operations. That's especially true when the plaintiff is the US government.
Which brings me back to Google, the poster-child for enshittification, a company that revolutionized the internet a quarter of a century ago with a search-engine that was so good that it felt like magic, which has decayed so badly and so rapidly that whole sections of the internet are disappearing from view for the 90% of users who rely on the search engine as their gateway to the internet.
Google is being sued by the DOJ's Antitrust Division, and that means we are getting a very deep look into the company, as its internal emails and memos come to light:
https://pluralistic.net/2023/10/03/not-feeling-lucky/#fundamental-laws-of-economics
Google is a tech company, and tech companies have literary cultures – they run on email and other forms of written communication, even for casual speech, which is more likely to take place in a chat program than at a water-cooler. This means that tech companies have giant databases full of confessions to every crime they've ever committed:
https://pluralistic.net/2023/09/03/big-tech-cant-stop-telling-on-itself/
Large pieces of Google's database-of-crimes are now on display – so much, in fact, that it's hard for anyone to parse through it all and understand what it means. But some people are trying, and coming up with gold. One of those successful prospectors is Ed Zitron, who has produced a staggering account of the precise moment at which Google search tipped over into enshittification, which names the executives at the very heart of the rot:
https://www.wheresyoured.at/the-men-who-killed-google/
Zitron tells the story of a boardroom struggle over search quality, in which Ben Gomes – a long-tenured googler who helped define the company during its best years – lost a fight with Prabhakar Raghavan, a computer scientist turned manager whose tactic for increasing the number of search queries (and thus the number of ads the company could show to searchers) was to decrease the quality of search. That way, searchers would have to spend more time on Google before they found what they were looking for.
Zitron contrasts the background of these two figures. Gomes, the hero, worked at Google for 19 years, solving fantastically hard technical scaling problems and eventually becoming the company's "search czar." Raghavan, the villain, "failed upwards" through his career, including a stint as Yahoo's head of search from 2005-12, a presiding over the collapse of Yahoo's search business. Under Raghavan's leadership, Yahoo's search market-share fell from 30.4% to 14%, and in the end, Yahoo jettisoned its search altogether and replaced it with Bing.
For Zitron, the memos show how Raghavan engineered the ouster of Gomes, with help from the company CEO, the ex-McKinseyite Sundar Pichai. It was a triumph for enshittification, a deliberate decision to make the product worse in order to make it more profitable, under the (correct) belief that the company's exclusivity deals to provide search everywhere from Iphones and Samsungs to Mozilla would mean that the business would face no consequences for doing so.
It a picture of a company that isn't just too big to fail – it's (as FTC Chair Lina Khan put it on The Daily Show) too big to care:
https://www.youtube.com/watch?v=oaDTiWaYfcM
Zitron's done excellent sleuthing through the court exhibits here, and his writeup is incandescently brilliant. But there's one point I quibble with him on. Zitron writes that "It’s because the people running the tech industry are no longer those that built it."
I think that gets it backwards. I think that there were always enshittifiers in the C-suites of these companies. When Page and Brin brought in the war criminal Eric Schmidt to run the company, he surely started every day with a ritual, ferocious tug at that enshittification lever. The difference wasn't who was in the C-suite – the difference was how freely the lever moved.
On Saturday, I wrote:
The platforms used to treat us well and now treat us badly. That's not because they were setting a patient trap, luring us in with good treatment in the expectation of locking us in and turning on us. Tech bosses do not have the executive function to lie in wait for years and years.
https://pluralistic.net/2024/04/22/kargo-kult-kaptialism/#dont-buy-it
Someone on Hacker News called that "silly," adding that "tech bosses do in fact have the executive function to lie in wait for years and years. That's literally the business model of most startups":
https://news.ycombinator.com/item?id=40114339
That's not quite right, though. The business-model of the startup is to yank on the enshittification lever every day. Tech bosses don't lie in wait for the perfect moment to claw away all the value from their employees, users, business customers, and suppliers – they're always trying to get that value. It's only when they become too big to care that they succeed. That's the definition of being too big to care.
In antitrust circles, they sometimes say that "the process is the punishment." No matter what happens to the DOJ's case against Google, its internal workers have been made visible to the public. The secrecy surrounding the Google trial when it was underway meant that a lot of this stuff flew under the radar when it first appeared. But as Zitron's work shows, there is plenty of treasure to be found in that trove of documents that is now permanently in the public domain.
When future scholars study the enshittocene, they will look to accounts like Zitron's to mark the turning points from the old, good internet to the enshitternet. Let's hope those future scholars have a new, good internet on which to publish their findings.
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/04/24/naming-names/#prabhakar-raghavan
#pluralistic#ed zitron#google#microincentives#constraints#enshittification#rot economy#platform decay#search#ben gomes#code yellow#mckinsey#hacking engagement#Prabhakar Raghavan#yahoo#doj#antitrust#trustbusting
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Disabled Queer Salish Sea Artist Seeking Some Community Support
Hi lovely people! Would you mind boosting my Salish Sea marine science art? My contract job is on an unexpected hiatus until sometime in July and so my income the next couple months is really dependent on the markets I'm doing and online sales. Scroll for photos of my work.
https://shop.noncompliantcyborg.com/
Other circumstances stuff under the cut
The timing of this is already additionally tough because mid-June I start my summer project as a visiting researcher at Rosario Beach Marine Lab, which I was (am still hopefully) going to be doing community fundraising for both in my local area and online but I've been delaying actively seeking that support out.
This is both because I wanted to have a solid equipment budget confirmed first and then also I've been feeling some serious impostor syndrome with a pretty hefty side of "there are so many humanitarian crises and survival needs fundraisers that people should be funding, how can I ask anyone to support me in doing naturalist documentation and 3D imaging of Salish Sea animals for sci-comm right now?"
It doesn't help that now that I've gotten some equipment quotes it's looking like roughly 5k for just the big ticket items and I don't know how much little incidental stuff will add up and that doesn't even consider any compensation for my labor. Also with the lag time on getting said equipment unless I magically fundraised that super fast stuff the time I'd have to complete the build and collect data could be very tight.
My back up plan is to just do a lot of studio type photography and videography for sci-comm content and art prints. Also embryology work if they have the proper dish-ware I can check out. But I'm still worried about what it does to people's perceptions of me if I don't pull off the project I wanted to. Being disabled and having to create your own non-traditional opportunities and coordinate everything that goes into that because science largely is inaccessible is exhausting. And it's extra exhausting trying to do all that while also trying to piece together accessible ways to financially support yourself.
Anyways, thank you for any support or solidarity you can offer whether through sharing, getting art, or otherwise.
#marine biology#ocean art#nature art#oceancore#ocean#my marine life photos#ctenophore#sea creatures#salish sea#marine life#science art#science#comb jelly#disabled artist#disabled in stem#nudibranch#send nudibranchs#octopus
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If Alpha-Nine had civilian jobs what do you think they would be?
Ooohhg, fun question!! 😁 I actually think about this a lot, although in a very unserious manner. Sorry this took a while too, I struggle with writing (like heavy on the struggle) but I tried my best to give them in-character answers. Anyways! here's what I have for you…
Buck — for Buck, there's the obvious answer of fisherman. He's had a lot of experience with fishing and seamanship in his childhood, plus he has plenty of strength and stamina now as a Spartan. I don't see him being a particularly smart man so anything that requires higher education would not be a great fit for him. He could be a nice athlete coach too. We don’t know if Buck is interested in any sport but if we’re weighing in his role as Fireteam Osiris’ advisor and mentor, it could work.
Dare — if I'm being honest, it's hard to see her outside of ONI but considering she's a Section One agent, I think she’d be a good fit for a career like archivist, data analyst, or researcher. She might also make a good detective.
Romeo — he'd for sure be a business owner of some kind. I don’t see him being anyone's employee since he can be a little abrasive with authority figures. So it goes without saying that being in a position where he has autonomy/independence is best for him – plus I think he’s smart enough. Also taking into account his previous experience as a Merchant Marine, he could become the marketing specialist behind his business.
And a silly answer I will not give context for, Bartender. (Maybe bar owner…?)
Dutch — He could continue pursuing religious studies and philosophy. We know he studied religion and philosophy prior to being drafted, and sometime before then, he was a truck driver. A religious study degree could lead him to do non-profits or social work, but there's nothing directly related to the degree that fits Dutch. It's the same story with philosophy – though it's useful for understanding things like business or economics. That being said, why not become business partners with Romeo? They were pretty attached in Helljumper (tbh that was kind of just Romeo… my poor clingy boy.) Of course, he could always go back to being a truck driver, but according to Bad Blood that wasn't very fulfilling after being an ODST.
Mickey — in my personal opinion, he could be a firefighter. It gives him the chance to help others in his community, which we know he's all for, and it's dangerous enough that I think it could work for someone like him. He could also thrive as a political activist or (less likely imo) a political leader. Regardless, I think making money wouldn't be a big concern for him as he would be way more inclined to work for non-profits than someone like Dutch.
Annnd joke answer: GameStop employee.
Gretchen — unfortunately there's not a whole lot on her so anything I say would be pure headcanon. However, I don't think a desk job would make her happy. Despite her disability, Gretchen is still a dedicated and ambitious woman – I’d love to see her in the automotive mechanist/technician field or even just general maintenance and repair (again, there’s nothing to suggest she would, but there’s also nothing to suggest she wouldn’t.) On the other hand, I believe she'd be employed with Romeo and Dutch in whatever business idea they’ve cooked up. She served with them both for… however long… I like to think they became a family.
The Rookie — professional sleeper. 64k a year. I'm joking, Rooks can be whatever you want him to be :)
#thank you for the ask!! :D#voidedbattery#halo#halo 3 odst#alpha nine#edward buck#veronica dare#halo romeo#halo dutch#halo mickey#gretchen ketola#the rookie#ask post#ask prompt#txt post#im so nervous. the writers are going to kill me
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Marine Big Data Market Forecast: Sustainable Solutions for the Future of Ocean Management
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Big Petroleum Companies: A Comprehensive Overview
https://oilgasenergymagazine.com/wp-content/uploads/2024/12/5.Big-Petroleum-Companies_-A-Comprehensive-Overview-Image-by-yhelfman-.jpg
Source: Image by Worawut Prasuwan
Category: Petrochemicals
The world we live in today is heavily dependent on energy resources, and big petroleum companies play a pivotal role in shaping the global economy. These companies are responsible for the extraction, refining, and distribution of oil and gas, which are essential for powering industries, transportation, and residential needs. This article delves into the significance of big petroleum businesses, their impact on the global economy, environmental concerns, and future trends in the oil and gas industry.
The Role of Big Petroleum Companies in the Global Economy
Big petroleum companies, often referred to as “supermajors,” include well-known names like ExxonMobil, BP, Chevron, Shell, and TotalEnergies. These companies dominate the global oil market, controlling a substantial portion of the world’s oil reserves and production.
Economic Contributions
The contributions of big petroleum companies to the global economy cannot be overstated. They provide jobs to millions of people worldwide, from engineers and geologists to administrative staff. These companies also generate significant revenue for national economies, especially in oil-rich countries. The taxes and royalties paid by these corporations contribute to infrastructure development, education, and healthcare in many nations.
Moreover, big petroleum businesses are key players in international trade. Oil is one of the most traded commodities globally, and these companies are at the forefront of this market. They engage in complex supply chain management, ensuring that oil and gas reach consumers in different regions, thus facilitating economic growth and stability.
Environmental Impact and Challenges
While big petroleum companies contribute significantly to the economy, their operations have raised numerous environmental concerns. The extraction and refining of oil can lead to environmental degradation, air and water pollution, and habitat destruction. Notably, oil spills, such as the Deepwater Horizon incident in 2010, have had devastating effects on marine ecosystems and local economies.
Climate Change Concerns
One of the most pressing challenges facing big petroleum companies today is climate change. The combustion of fossil fuels is a major contributor to greenhouse gas emissions, which are linked to global warming. In response to growing environmental concerns, many of these companies have begun to invest in renewable energy sources and technologies to reduce their carbon footprints.
Additionally, there is increasing pressure from governments and the public for big petroleum businesses to adopt more sustainable practices. Initiatives to reduce emissions, promote energy efficiency, and invest in alternative energy sources are becoming more common. As a result, many big petroleum companies are now diversifying their portfolios to include renewable energy investments, such as wind and solar power.
Technological Advancements in the Oil Industry
Technological innovation has significantly transformed the operations of big petroleum companies. Advances in drilling techniques, such as hydraulic fracturing and horizontal drilling, have unlocked vast reserves of oil and gas previously deemed inaccessible. This technological progress has led to a surge in production, particularly in regions like North America.
Digital Transformation
https://oilgasenergymagazine.com/wp-content/uploads/2024/12/5.-Digital-Transformation-Image-by-Worawut-Prasuwan-.jpg
Furthermore, the digital transformation within the oil and gas industry has allowed big petroleum companies to optimize their operations. Data analytics, artificial intelligence, and the Internet of Things (IoT) are being leveraged to enhance efficiency, reduce costs, and improve safety measures. These technologies enable companies to monitor equipment performance in real time, predict maintenance needs, and streamline supply chain management.
Future Trends for Big Petroleum Companies
The future of big petroleum companies is likely to be shaped by several key trends. One prominent trend is the increasing shift towards renewable energy. As global energy demands continue to rise, there is a growing acknowledgment that a transition to cleaner energy sources is necessary. Big petroleum businesses are investing heavily in renewable projects to align with this trend and ensure their long-term viability.
Regulatory Pressures
Another trend influencing big petroleum companies is the tightening of regulations surrounding carbon emissions. Governments worldwide are implementing stricter environmental policies, compelling these companies to adapt or face potential penalties. This regulatory environment encourages investment in cleaner technologies and practices.
Moreover, the rise of electric vehicles (EVs) poses both a challenge and an opportunity for big petroleum businesses. While the widespread adoption of EVs could reduce gasoline demand, these companies can pivot by investing in EV charging infrastructure and battery technology. By embracing this shift, big petroleum companies can position themselves as key players in the evolving energy landscape.
Conclusion
In conclusion, big petroleum companies are integral to the global economy, providing essential energy resources that drive various industries. However, they also face significant challenges, including environmental concerns and the urgent need for sustainable practices. As technological advancements continue to reshape the industry, these companies must adapt to the changing landscape by investing in renewable energy and complying with evolving regulations.
The future of big petroleum businesses will depend on their ability to balance economic growth with environmental stewardship. By embracing innovation and sustainable practices, these corporations can ensure their relevance in a world that increasingly prioritizes sustainability. As the energy transition progresses, big petroleum businesses must remain proactive in addressing the challenges and opportunities that lie ahead, ultimately shaping the future of energy for generations to come.
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What Are Some 1-Year After Graduation Courses Equivalent to GME?
The demand for industry ready professionals is on a continuous rise in contemporary times. The now known, 1 year course after graduation are increasingly becoming the go to option for individuals who seek specialised skills. Among these is a well-known course in Graduate Marine Engineering (GME), which are designed to transform academic knowledge into job ready expertise. Similarly, there are other linear programs that cater to various industries, providing a pathway to more attractive and lucrative career opportunities.
Why Opt for a 1-Year Course After Graduation?
A recent Linkedin report of 2024 that said that almost 75% of the recruiters' preferred candidates who had industry specific training along with their academic qualifications.
There are many short-term courses which offer you this kind of focused curriculum.
These 1-year courses after graduation enable you for quicker transition into professional roles without the time and financial commitments of longer programs.
There is a growing emphasis on such courses after graduation in today's India, for example, Skill India initiatives, under which almost 500 million skilled workers were to be included.
Best one-year courses after graduation equivalent to GME
Postgraduate Diploma in Management:
When we look at the placement rates for top tier institutions offering PGDM, it exceeds 90%.
The average salaries start with ₹8 to 12 lakh per annum.
They offer you specialisations in different areas, like finance, marketing, HR, which makes this as one of the best courses after graduation for aspiring managers.
Postgraduate Program in Data Science
It equips you with the statistical tools and programming language like python and R.
The global big data analytics market is projected to grow almost $103 billion by 2027.
This indicates to significant job opportunities coming forth.
Postgraduate Diploma in Risk management
This is one of the best courses after graduation that can help you pivot into the high-demand and diverse field of risk management.
A leading institute offering a 1-year PG Diploma in Risk Management is GRMI, Global Risk Management Institute that has a unique curriculum covering all facets of the risk domain – with subject such as Data Privacy, FRM, Third-party risk management, ESG etc.
The program holds a 97% placement track record and the alumni work in various job roles such as consulting, internal audit, compliance, due diligence, esg reporting, risk advisory etc.
With an average CTC of INR 9.5 LPA, GRMI’s graduates are making big strides in the world of risk.
They are currently open for admissions call 09910939240 for more details!
Postgraduate Diploma in Digital Marketing
It covers areas like SEO, PPC and social media marketing.
These areas are considered as essential for online business growth. as per NASSCOM.
The digital marketing jobs are expected to grow by 30% annually.
The starting salaries range from ₹3,00,000 to ₹6,00,000.
Postgraduate Diploma in Logistics and Supply Chain Management
It is focused on logistics and operations role.
It is a field where India's market is expected to grow by 10% annually.
If you graduate from such programs, then you can get a salary of 4-8 lakhs initially.
Conclusion
If you want to fast track your career and get more opportunities in this competitive job market, then you should consider these courses as just discussed above. Opting for these 1 year courses after graduation can provide you with practical skills & knowledge and also secure a stable job for you. You can look at the courses as offered by GRMI, such as risk management programme or can also go for diplomas in AI and financial analysis. All of these fields are growing in importance in the current industries! For more on the PGDRM programme offered by GRMI call 09910939240 to connect with their admissions team.
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Wind Turbine Operation and Maintenance Market: Role in Extending Turbine Lifespan and Maximizing Efficiency
The Wind Turbine Operation and Maintenance Market size was valued at USD 16.46 billion in 2023 and is expected to grow to USD 29.58 billion by 2031 and grow at a CAGR of 7.6% over the forecast period of 2024–2031.
Wind turbine O&M plays a crucial role in ensuring the efficiency, reliability, and longevity of wind energy assets. With an increase in both onshore and offshore wind installations, the demand for skilled O&M services is rising rapidly. These services not only help maintain consistent power generation but also reduce unexpected breakdowns and downtime, resulting in improved return on investment (ROI) for wind energy developers.
The shift towards renewable energy, combined with advancements in digital tools like IoT and AI for predictive maintenance, is transforming the O&M sector. Predictive maintenance, remote monitoring, and advanced diagnostic systems are being adopted to identify potential issues before they escalate, minimizing operational interruptions and maintenance costs. As a result, the market is moving toward more efficient and cost-effective maintenance strategies, making wind energy more competitive and sustainable.
Key Market Drivers
Increasing Global Wind Power Installations: Rapid growth in wind turbine installations, driven by government policies, is creating substantial demand for ongoing O&M services to ensure operational efficiency.
Focus on Extending Wind Turbine Lifespan: Regular O&M services are essential for extending the lifecycle of turbines, enabling operators to maximize their investment by enhancing reliability and output.
Technological Advancements in Predictive Maintenance: IoT, AI, and big data analytics are enabling proactive maintenance, helping reduce unexpected failures and extending equipment lifespan, thereby reducing overall O&M costs.
Growing Offshore Wind Market: Offshore wind turbines, which operate in harsher conditions, require regular maintenance to ensure longevity, fueling demand for specialized O&M services.
Government Incentives and Renewable Energy Goals: Policies aimed at reducing carbon emissions and increasing renewable energy use are promoting wind power, further driving the O&M market to support these growing installations.
Market Segmentation
The Wind Turbine Operation and Maintenance Market can be segmented by service type, location, component, and region.
By Service Type
Preventive Maintenance: Scheduled inspections, lubrication, and minor repairs are performed to prevent unexpected issues. This service type is gaining popularity as it minimizes downtime and maximizes operational efficiency.
Corrective Maintenance: Unplanned maintenance is conducted to repair faults or malfunctions. Corrective maintenance is crucial for responding quickly to unexpected breakdowns that could hinder power generation.
Predictive Maintenance: Enabled by advanced monitoring and analytics, predictive maintenance involves forecasting potential issues before they occur, helping avoid costly repairs and enhancing asset reliability.
By Location
Onshore Wind Turbines: Onshore O&M services are more accessible and less expensive, as technicians can reach installations with relative ease, making it a significant market segment.
Offshore Wind Turbines: Offshore turbines require specialized maintenance due to their remote locations and exposure to harsh marine conditions. The offshore segment is expected to grow with increased offshore wind energy installations globally.
By Component
Blades: Blades undergo wear and tear from weather exposure, necessitating regular inspection, repair, or replacement to ensure performance.
Generator: The generator is essential for converting mechanical energy into electricity, and its upkeep is critical for maintaining energy output.
Gearbox: The gearbox requires routine maintenance to prevent breakdowns and enhance performance, as it experiences high mechanical loads and stress.
Others: Includes components such as the tower, yaw system, pitch system, and electrical components, each requiring regular O&M services.
Regional Analysis
North America: North America, particularly the United States, is a significant market due to the country’s large wind energy installations and government incentives for renewable energy. Technological advancements in predictive maintenance and growing offshore installations are also driving the market in this region.
Europe: Europe leads the wind energy sector, with countries like Germany, the U.K., and Denmark heavily investing in offshore wind farms. The European Union’s commitment to reducing carbon emissions and increasing renewable energy use is creating a robust demand for O&M services.
Asia-Pacific: Asia-Pacific is experiencing rapid growth, especially in China and India, where investments in wind energy are rising. The region’s focus on renewable energy expansion, coupled with government initiatives, supports the growth of the wind turbine O&M market.
Middle East & Africa: The wind energy sector in the Middle East & Africa is emerging, with several projects underway, especially in South Africa. Rising awareness and supportive policies for renewable energy are expected to drive market growth in this region.
Latin America: Latin America is witnessing increased wind power adoption, with countries like Brazil and Mexico investing in wind energy to diversify their energy mix and reduce dependence on fossil fuels.
Current Market Trends
Shift Toward Digital and Predictive Maintenance Solutions: The use of digital solutions, such as sensors, remote monitoring, and predictive analytics, is reducing downtime and maintenance costs. These technologies enable operators to detect potential issues early, improving maintenance planning.
Increase in Offshore Wind Projects: Offshore wind farms are growing rapidly, especially in Europe and North America, where coastal locations are ideal for high wind capacity. Offshore projects require specialized O&M services due to their remote locations and challenging environments.
Focus on Extending Turbine Lifecycle and Performance: Companies are investing in advanced O&M practices that maximize the operational lifespan of wind turbines, helping to maintain optimal power generation and minimize costly replacements.
Growth of Independent Service Providers (ISPs): Independent service providers are becoming more prominent, offering competitive and flexible O&M solutions to meet the diverse needs of wind farm operators.
Collaborations and Partnerships: Wind turbine manufacturers and service providers are increasingly forming partnerships to enhance service offerings, improve technology, and deliver comprehensive O&M solutions.
Read Complete Report Details of Wind Turbine Operation and Maintenance Market: https://www.snsinsider.com/reports/wind-turbine-operation-and-maintenance-market-2825
About Us:
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Contact Us: Akash Anand — Head of Business Development & Strategy [email protected] Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)
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Automation and Smart Technologies: Transforming the Machine Tools Market
Market Overviews
In 2023, the machine tools industry generated income of USD 78.8 billion in 2023, which is projected to experience a CAGR of 4.4% over the forecast period, to attain USD 105.6 billion by the end of the decade. This is primarily attributable to the fact that the precision and proficiency in making are the key indicators for minimum wastage and alteration. Machine tool, which has a very high precision level, can help to avoid material wastages and cost reduction at the time of assembly of the part.
The major reason for the growth of automation and robotics in machining technologies can be identified in the weak workforce in the high-level manufacturing industry of the developed countries and greater use of these techniques in the aerospace, defense, medical device, marine and other sectors.
The progress of Industry 4.0 has conversed multiple innovations like artificial intelligence, big data, robots and automation, allowing more efficacy, productivity and flexibility across major sectors. One of the factors, which increased the use of machine tools in the metal fabrication and industrial manufacturing industries, is the growth of the pressure on manufacturers for good quality products with efficiency, sustainability and acceptable lead time and no possible errors. An example is, automotive industry introduced visual inspection system in their production, this had a great impact in PPM defects.
Key Insights
The metal cutting category held a larger market share of around 70% in 2023 globally.
Metal cutting machine tools is an important part of the industry, which includes automotive, aerospace, defense, mechanical engineering, and medical devices industries for precise shaping of metal and alloys such as iron, steel aluminum, titanium, and copper.
This category contains a huge range of different machinery like crurshers, grinding machines, turning machines, milling machine, electrical discharge machine (EDM) and many other.
Of them, milling machine markets outshine because of their capability to generate accurate cuts of metal, making them primarily engineered by manufacturers.
In contrast, the metal forming machines are used for bending, shaping, and other processes that are associated with metalworking.
The CNC category held a larger market share of around 75% in the global machine tools market in 2023 and is the fastest-growing in the automation segment.
CNC machines reduce manufacturing time and error rates by using CAD and CAM software to receive design instructions from a computer.
They are able to accomplish more tasks in one line prompt then one would be able to give. Therefore, there is a reduction in level of guided instruction.
Numerous types of production equipment like milling, grinding, turning, lathing, drilling and electrical discharge machining can be also merged with CNC technology.
Standard tools like change-handing on the lathe machine or milling with a handheld machine necessitates a higher level of expertise and may not conform to the set shape.
CNC technology is preferred over conventional machine tools for higher precision and more efficient production.
APAC held the largest revenue share in the global machine tools market in 2023 due to increasing industrialization and population growth in countries like China and India.
Competition among emerging economies to become manufacturing powerhouses, coupled with government initiatives like Make in India, Made in China 2025, and Making Indonesia 4.0, has created a favourable investment environment.
Significant growth is also observed in the IT sector of North America.
Source: P&S Intelligence
#Machine Tools Market Share#Machine Tools Market Size#Machine Tools Market Growth#Machine Tools Market Applications#Machine Tools Market Trends
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Key Trends in the Marine Engine Manufacturing Industry
Marine engine manufacturing presents a significant challenge to change through new technological advances, environmental regulations, and higher market demands. The focal point of operations in the maritime sector is commercial shipping, fishing vessels, and leisure crafts, whose engines are the heart of the mechanics involved. Innovations in these areas bring about improvements in efficiency, emission reduction, and reliability. This is because global shipping is still one of the principal drivers of international trade. Marine engine manufacturers are, therefore, the frontiers of the future in maritime operations. This blog delves into the latest key trends that are shaping the marine engine manufacturing sector.
1. Sustainability and Emission Control
The biggest trend in the industry of marine engine manufacturing is sustainability and emission control. The whole world is reacting to international regulations by the International Maritime Organization (IMO) on enforcing MARPOL Annex VI with tighter standards for emissions. This has increasingly forced manufacturers to produce cleaner and more efficient engines.
The designs for marine engines have accounted for the regulations under IMO Tier III, where the emission of nitrogen oxides (NOx) and sulfur oxides (SOx) must be curtailed on a massive scale. These innovations resulted in dual-fuel engines that can work both on regular fuel and on liquefied natural gas (LNG), reducing emissions substantially. Of late, every effort is being made to use biofuels and synthetic fuels to curb carbon emissions from marine operations.
2. Hybrid and Electric Propulsion Systems
With the growing environmental issues, hybrid and electric propulsion systems are becoming important because of the viable alternative energy solutions that these offer. And with that interest in the marine engine is gaining momentum because people are shifting towards hybrid and electric propulsion systems. This mirrors one of the trends of transportation sectors, automotive and aviation, with electrification.
Hybrid systems take the traditional reciprocating engine or diesel and pair it with electric propulsion from a battery so that during operations, vessels can switch from source to source based on needs. Fuel consumption is dramatically reduced since, most of the time; vessels do not need to reach the full power capabilities of their engine; the majority of activities occur during port operations or slow cruising. Fully electric propulsion is still in its infant stages when applied to large vessels, but it quickly took the industry for smaller boats and ferries.
Advances in battery technologies also mean better lithium-ion batteries which have increased energy density and support longer trips. Hybrid marine engines with ESS are also increasing onboard power management flexibility, thus achieving increased efficiency in fueling and a reduced environmental footprint.
3. Digitalization and Intelligent Engines
IoT and big data are changing the game in the marine engine manufacturing business with the rise of smart engines that have sensors and data analytics tools embedded and can, in real-time, track how the engine is performing its fuel consumption and even maintenance needs.
Predictive maintenance is one of the major areas wherein digitalization is making a difference. Smart systems keep updating the condition of an engine and predict when some of the parts will start failing or require maintenance, thus reducing downtime and enhancing operational efficiency. In shipping companies, it becomes a major cause of concern when production gets stopped due to unplanned maintenance, causing high costs.
Finally, there will be the emergence of autonomous ships. The marine engine manufacturers will, therefore, try to create engines that can be used independently. Smart engines would make vessels highly reliable and require minimal human intervention.
4. Modular Design and Customization
Another major trend that's now happening in the marine engine manufacturing industry is towards modular engine design. In this, more modular designs are to be used in the production of engines. The main reason for this is that manufacturers can easily produce all sorts of custom designs of the engines according to the needs of any type of vessel. For instance, shipbuilders can add or remove the parts of the engine according to the vessel size, power requirements, and for what kind of vessel, and hence all the performance will result in optimized and excellent fuel efficiency.
This trend also reflects a growing demand for customization within the industry. Increasingly, shipowners and operators seek engines tailored to their specific operational requirements, whether for long-haul shipping offshore operations or some other specialized industrial application. To meet the increasing demand for modularity, modular designs are offered by marine engine manufacturers allowing a great deal of design flexibility and enabling more innovative and cost-effective options.
5. Hydrogen and Alternative Fuels
Hydrogen has become the new game-changer in the marine engine industry. A couple of years ago, these hydrogen engines would refuel, and there would be no fuel emissions at all, finally leaving a sustainable future for maritime transport. Indeed, hydrogen technology is still at the developmental stage. So far, several marine engine manufacturers are trying to figure out how to integrate these hydrogen fuels into their designs.
At this point in time, the infrastructure to support hydrogen as a marine fuel does not appear developed, but initiatives such as the Hydrogen Europe initiative do work on their development. Meanwhile, other alternative fuels including ammonia and methanol, are being tested and put into use in marine engines in the ongoing decarbonization of the world fleet of ships.
6. Retrofits and Engine Upgrades
The global ship fleet is mainly made up of older ships with older engine technologies. In this scenario, instead of scrapping the old ships, the common answer to complying with new environmental or efficiency standards has become retrofitting of the engines themselves.
Marine engine manufacturers are providing solutions for upgrading older engines with the latest technologies in terms of scrubbers, gains in fuel efficiency, and emission reduction. This will allow shipping companies to extend the life of fleets while meeting very stringent regulatory demands and improving operational performance.
Conclusion
The manufacturing marine engine industry is passing through a period of very dynamic change with the implications of environmental regulations, technological innovation, and the changing needs of customers. From hybrid and electric propulsion systems smart engines and hydrogen technology, these Marine Engine Manufacturers are innovating to ensure that the future of maritime transport will be cleaner, more efficient, and more reliable. However, despite these trends, the industry will have much play in the globalization movement toward sustainable and resilient maritime operations.
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LNG Gains Momentum As A Readily Available Alternative Fuel For Shipping - Peninsula360
It’s been three years since Peninsula made the decision to build the Levante LNG, our dedicated 12,500-cbm LNG bunker vessel, developed in Hyundai Mipo Shipyard, South Korea, through a joint venture with our friends at ENAGAS’ affiliate Scale Gas. Fast forward to now, Levante LNG is fully operational and regularly supplying LNG as marine fuel in the Strait of Gibraltar and Western Mediterranean.
Three years might feel like the blink of an eye to some, but the period has been characterised by remarkable growth for the LNG bunkering market. DNV figures show that globally, the LNG-fuelled fleet has grown considerably since 2020 – with 717 LNG vessels currently in operation. A further 341 are now on order and set to join the mix soon.
Certainly, we’ve seen an uplift in interest in LNG from our customers in recent months. From supplying the Royal Caribbean Group’s cruise vessels Silver Nova and Icon of the Seas to Eastern Pacific’s tanker Starway, MSC’s containership Virginia and, more recently, K Line’s PCC Thor Highway, our Levante LNG bunker vessel has indeed been busy.
Why is demand for LNG bunkering growing?
Beyond shipping, global LNG trading has become strategic since Russia’s invasion of Ukraine, particularly in Europe, where there have been efforts to find alternatives to Russian gas pipeline supplies.
Focusing on shipping, there is also significant regulatory pressure to reduce C02 and other emissions, like NOx & Sox, associated with the burning of conventional fuels in marine engines. The International Maritime Organisation has set a target for the shipping industry to reach net-zero greenhouse gas emissions by, or around, 2050 and last January we saw the EU Emissions Trading System come into effect for the maritime sector. Ship operators are now effectively accruing a bill on their emissions for any voyages with a port of call in the EU, and shipping companies will soon need to surrender EU allowances corresponding to their reported aggregate emissions for 2024.
Regulatory pressure has therefore catalysed LNG’s remarkable growth trajectory and this surging demand shows no sign of stopping. Recent analysis from Ship & Bunker of DNV data on the orderbook for new vessels last year reveals that LNG is the most popular alternative bunker fuel, followed at a distance by methanol.
This is good news because as demand for LNG bunkering grows, LNG infrastructure is also improving, making it easier for ships to access LNG supplies all around the world. For a global industry that constantly grapples with re-routing, that’s crucial.
How will LNG help decarbonise shipping?
By transitioning to LNG now, which is readily available, ship operators and owners can slash their CO2 emissions by around 25%.
LNG is one of the cleanest-burning non-electric marine fuels available, producing significantly reduced amounts of CO2, NOX and SOx and virtually no particulates or ash. Not only is it far less carbon intensive than crude oil derived products, but it is also charting a course for even further emissions reductions through the development of bio-LNG and eventually synthetic LNG. This can help us achieve net zero by 2050.
The emerging bio-LNG market is scaling rapidly. Produced from natural waste streams, such as agricultural and forestry waste, sustainable bio-LNG even has the potential to capture methane that would otherwise be released into the atmosphere – so could be carbon-negative. Hot on its heels, research and development into synthetic LNG is ongoing. Synthetic LNG would be produced from renewable electricity to power fleets with 100% clean energy.
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LNG as a marine fuel is still relatively new and decarbonisation regulations are complex. At Peninsula, we have operations all around the world and a number of LNG experts who are happy to advise customers on their specific fuel needs and circumstances.
Our team of Alternative Fuels and Sustainability experts can be reached on [email protected] – do get in touch if you’re interested in discussing further.
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Ethernet Switches and Routers Market to Prosper at a CAGR of 12% owing to Increasing Demand for High-Speed Network Infrastructure
Ethernet switches and routers form the core infrastructure of modern local area networks (LAN) and wide area networks (WAN). Ethernet switches allow devices to connect, transmit and receive data on a network by establishing connections between ports and forwarding data. Routers connect one or more networks together and determine the best path for network traffic to flow. They performs the vital function of packet forwarding which allows for seamless network connectivity. The growing demand for high-speed network connectivity in enterprises, data centers and telecommunication networks is fueling the growth of ethernet switches and routers market. Their ability to provide higher bandwidth, lower latency, greater reliability and flexibility are increasing their adoption. The Global Ethernet Switches and Routers Market is estimated to be valued at US$ 21.04 Bn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 To 2031. Key Takeaways Key players in the Ethernet Switches and Routers market (100 words): Key players operating in the Ethernet Switches and Routers are Huawei Technologies Co. Ltd., ZTE Corp., Cisco Systems Inc., ADVA Optical Networking SE, Nokia Corporation, Ciena Corporation, Infinera Corporation, Fujitsu Ltd., ECI Telecom Ltd., Telefonaktiebolaget LM Ericsson, NEC Corporation, Juniper Networks Inc., Coriant GmbH, Huawei Marine Networks Co. Limited, NTT Electronics Corporation, Lumentum Operations LLC, Plaintree Systems Inc., Marben Products, Smartoptics AS, Shenzhen HiSilicon Technologies Co. Ltd. Key opportunities The rising demand for high bandwidth and seamless connectivity along with growing deployment of 4G/5G networks present significant growth opportunities. Advancements in Ethernet switch port densities, switching capacity, and new product introductions are anticipated to drive revenues. Increasing investments in data center interconnects, intelligent buildings, transportation infrastructure also open promising avenues. Global expansion Leading vendors are expanding their global footprint to tap growth opportunities across major world economies such as North America, Europe, APAC and Latin America. The market is witnessing a significant rise in cross border trade, international collaborations and M&A activities. This is positively impacting the worldwide expansion of Ethernet switches and routers industry. Market Drivers The primary driver propelling the Ethernet Switches And Routers Market Growth is the increasing demand for high-speed network connectivity from enterprises, data centers and telecom operators. This is encouraging large investments in high bandwidth networks worldwide. Furthermore, the rising adoption of advanced technologies like cloud computing, IoT, big data analytics and Industry 4.0 is generating a massive surge in network traffic. This is significantly boosting the requirement for ethernet switches and routers with higher port densities and performance. The ongoing transition toward virtualization and SDN/NFV is another key factor driving the adoption of new generation switches and routers with programmable functionality. Government initiatives to develop smart infrastructure and implement digital transformation agendas are also catalyzing market expansion.
Get more insights on Ethernet Switches and Routers Market
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Global Geophysical Services Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth
Overview and Scope The geophysical services specialize in locating and measuring the number of resources such as minerals, oil, and gas, assessing earthquake hazards, investigating the subsurface for engineering structures, investigating archaeological sites, and imaging the subsurface for environmental hazards. Sizing and Forecast The geophysical services market size has grown steadily in recent years. It will grow from $14.55 billion in 2023 to $15.01 billion in 2024 at a compound annual growth rate (CAGR) of 3.1%. The growth in the historic period can be attributed to oil and gas exploration, mining sector growth, infrastructure development, environmental studies and remediation, seismic exploration advancements, geothermal energy development. The geophysical services market size is expected to see steady growth in the next few years. It will grow to $16.97 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to growing renewable energy expansion, mining exploration demand, environmental impact studies, hydrocarbon exploration, geothermal and alternative energy sources. Major trends in the forecast period include climate change studies, urban infrastructure mapping, multi-disciplinary approach, remote sensing and satellite technology, big data analytics integration. Order your report now for swift delivery, visit the link: https://www.thebusinessresearchcompany.com/report/geophysical-services-global-market-report Segmentation & Regional Insights The geophysical services market covered in this report is segmented – 1) By Survey Type: Land, Marine, Aerial 2) By Technology: Seismic, Magnetic, Gravity, Electromagnetic, Lidar, Ground Penetrating, Other Technologies 3) By Application: Road, Rail, Port, Airport, Pipeline, Other Applications 4) By End User: Agriculture, Environment, Minerals And Mining, Oil And Gas, Water Exploration, Other End Users North America was the largest region in the geophysical services market in 2023. Western Europe was the second largest region in the global geophysical services market share. The regions covered in the geophysical services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on a free sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=3693&type=smp Major Driver Impacting Market Growth Growing exploration activities are contributing to the growth of the geophysical services market. Mineral exploration aims to discover deposits of minerals and rocks that can be used to meet the resource needs of society, which could be fulfilled by geophysical services. Key Industry Players Major companies operating in the geophysical services market report are BGP Inc., Schlumberger Limited, Halliburton Company, Geotech Surveys International Limited, Sea Geo Surveys Pvt. Ltd., COSL China Oilfield Services Limited. The geophysical services market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
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Fish Counters Market Trends, Types and Applications, Forecast to 2024-2032
The Reports and Insights, a leading market research company, has recently releases report titled “Fish Counters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Fish Counters Market Trends share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Fish Counters Market?
The global fish counters market size reached US$ 9.1 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 15.6 billion in 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032
What are Fish Counters?
Fish counters are tools utilized to count fish as they move through a designated area, like a river, stream, or fish ladder. They play a critical role in fisheries management, research, and conservation by providing precise data on fish migration, population dynamics, and habitat utilization. These counters employ diverse technologies, such as infrared sensors, video cameras, and acoustic systems, to detect and tally fish without direct contact. This information is essential for scientists and policymakers to make well-informed decisions for the preservation and sustainable management of fish populations and their environments.
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What are the growth prospects and trends in the Fish Counters industry?
The fish counters market growth is driven by various factors. The fish counters market is steadily growing, fueled by increasing demand for precise and efficient fish counting solutions in fisheries and aquaculture. These systems play a vital role in monitoring fish populations, ensuring sustainable fishing practices, and enhancing production in aquaculture settings. Technological advancements, including the incorporation of artificial intelligence and machine learning, are further enhancing the accuracy and efficiency of fish counters. Additionally, there is a growing preference for portable and user-friendly fish counting devices, especially in smaller fisheries and research settings. Overall, the fish counters market is poised for continued expansion due to the growing emphasis on sustainable fishing and effective aquaculture management. Hence, all these factors contribute to fish counters market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
Electronic Fish Counters
Mechanical Fish Counters
By Application:
Fisheries Management
Aquaculture
By End-Use:
Government Agencies and Research Institutes
Commercial Fisheries
Aquaculture Farms
Market Segmentation by Region:
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Israel
Who are the key players operating in the industry?
The report covers the major market players including:
VAKI Aquaculture Systems Ltd.
Precision Measurement Engineering, Inc.
Star-Oddi
AquaScan AS
Vidar Systemer AS
Marel hf.
Fishtek Marine
NOVIS S.A.
Pentair Aquatic Eco-Systems
Automated Aquatics
In-Situ Inc.
Fishtek Marine Ltd.
Otter Trawl (Oceantech)
OSMOSIA Scientific Instruments
AquaScan OY
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ECB December Rate Cut: How Trump's Shadow is Changing the Euro ECB's December Rate Cut and Trump's Shadow: A Forex Whisperer's Take Imagine the European Central Bank (ECB) like a cautious shopper, eying the discount bin but not entirely convinced it's time to pull the trigger. According to ECB's Robert Holzmann, a moderate 25 basis points (bps) rate cut might be on the table for December—but only if the stars (or, in this case, economic data) align just right. He's keeping his options open, like that friend who might come to the party, but it depends on how they're feeling that day. "25bps and No More": The Subtle Promise Holzmann's comment that a 25bps cut is "conceivable" could sound a bit underwhelming at first, but it tells us a lot about the current European landscape. There’s uncertainty swirling, and no one’s pulling out the big guns just yet. It’s a balancing act—cut rates too much, and inflation might spiral. Do nothing, and economic growth stays in a slump. Now, here's where it gets interesting: President-elect Trump is looming over Europe’s inflation outlook like a cloud on a picnic day. Holzmann suggests that the effects of Trump’s upcoming policy moves could very well drive up inflation forecasts. Inflation might be rising faster than your heart rate after an unexpected spike in EUR/USD, and Trump’s economic vision for the U.S. seems to play a role in that. For traders, the real takeaway here? Keep an eye on Trump's fiscal policies and their ripple effects across the Atlantic. It could mean some unexpected twists for the euro's value. Germany’s Slow Stroll Through 2025 Meanwhile, Bundesbank President Joachim Nagel paints a pretty dreary picture for Germany. A weak economic outlook is on the horizon, and according to Nagel, 2025 isn’t looking any better. Imagine taking a stroll through a neighborhood with nothing but boarded-up shops—that’s the current economic vibe Nagel sees for Germany. He's calling for a "softer debt brake," which is just a fancy way of saying: "Hey, let’s borrow a bit more cash and invest, or this slow stroll is going to feel like a crawl." And this could mean opportunities in the Forex world. If Germany does ease up on its fiscal policies, we might see a boost in infrastructure spending, giving the euro a shot in the arm. If you're trading, watch the bond markets—changes in borrowing might hint at future shifts in EUR pairs. Macron's Staying Power and French Political Drama Ah, France—land of wine, cheese, and a fair bit of political drama. President Macron made it clear that he’s not planning on leaving his post before his mandate ends in 2027, and he doesn’t think Marine Le Pen will join forces with the left to topple his government. It’s like watching a reality TV show where the lead character is confident they won’t be voted off, even when the competition’s heating up. For traders, this stability (or perceived stability) can provide a somewhat predictable backdrop for the euro—at least for now. Hidden Opportunities and Market Strategies So, where’s the hidden gem here? It’s all about deciphering the ECB’s subtle dance around rate cuts, Germany’s fiscal debate, and the U.S.'s shadow over European inflation. These aren’t the headlines that jump out at every trader, but for those in the know, they’re golden. - Anticipate ECB Moves: A 25bps cut is modest, but it's enough to move the market—positioning for potential weakening of the euro in advance of December could be wise. - Trump Effect: Monitor fiscal policy developments in the U.S. closely. If inflation expectations rise in Europe, it could spark ECB action sooner than expected, giving you a chance to pre-empt big shifts in EUR/USD. - Germany's Slow Growth: Weak growth means lower euro confidence. If the debt brake loosens, infrastructure and spending could rise, providing an interesting reversal opportunity for EUR-based trades. Remember: Staying ahead in Forex is all about reading between the lines—finding those hidden opportunities while the rest of the market plays catch-up. —————– Image Credits: Cover image at the top is AI-generated Read the full article
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