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rjzimmerman · 3 months ago

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Excerpt from this story from EcoWatch:

Sunrun, a solar company, and Baltimore Gas and Electric Company (BGE), the largest utility provider in Maryland, have launched a pilot program for a bidirectional power plant fueled by solar energy and EV technology.

The pilot, which involves three households, allows users to draw energy from a Ford F-150 Lightning electric truck when paired with the Ford Charge Station Pro and Home Integration System sold by Sunrun. This setup lets the household utilize energy from the EV during peak energy demand, Smart Energy International reported.

The pilot program is the first vehicle-to-home power plant in the U.S. and was funded with grants from the U.S. Department of Energy.

“This program is a significant proof of concept — no other market player has done this — and the goal is to expand these programs all around the country,” Sunrun CEO Mary Powell said in a press release. “This exciting partnership lays the foundation for the power grid of the future where electric vehicle owners can contribute to grid resiliency and utility price stability for everyone. The summer heat can be especially stressful on our power grid, which is why proving the use of stored energy in electric vehicles for capacity is so important.”

The process works by sending energy from the EV batteries to the homes, allowing the vehicle batteries to operate as energy storage. This can complement solar energy sources as well as reduce demand on Maryland’s power grids during peak times. The bidirectional power provided through the charging station can power homes for up to 10 days in the event of an outage, Sunrun said.

For the pilot program, the trucks share energy from 5 p.m. to 9 p.m. on weekdays from June 1 to September 30. The pilot is offering an estimated $800 to participants.

Currently, there are only a limited number of EV models that offer the bidirectional charging feature, including the Nissan Leaf, the 2024 Ioniq 5 and Ioniq 6 models from Hyundai, Kia’s EV6, EV9 and Niro EV, and the Ford F-150 Lightning, Cars.com reported.

More vehicles are expected to introduce bidirectional charging in the coming years, including all GM and Tesla EV models, CNET reported.

Sunrun and BGE are planning to expand the program after monitoring the pilot and will offer incentives for F-150 Lightning owners to join, helping increase grid resilience. The program could also help contribute toward Maryland’s goal to reach net-zero emissions by 2045 and achieve 100% clean electricity by 2035.

#bidirectional power plant #electric vehicles

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twistedtummies2 · 2 years ago

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The Price May Be Right - Number 20

Welcome to “The Price May Be Right!” I’m counting down My Top 31 Favorite Vincent Price Performances & Appearances! The countdown will cover movies, TV productions, and many more forms of media. Today we move into the Top 20 for this countdown! The time has come to focus on my choice for Number 20: Egghead, from the 60s Batman Series.

In recent years, the 1960s Batman TV Series – starring Adam West & Burt Ward as the Caped Crusader and the Boy Wonder – has been making a bit of a comeback. This pleases me, because I’ve always loved the series, but for many years, the show was treated in a very backhanded and dismissive manner: people believed it ruined the world of comics, since for a long time it was blamed for the perception of comics as silly kid’s stuff and campy nonsense. Ironically, with so many comics and their adaptations nowadays growing darker and more “edgy” as time has gone on, especially on DC’s side of the market, this has led to a resurgence of popularity with the goofiness of the Silly Sixties. The 60s Batman show featured many great villains from the comics, all portrayed excellently for the time (and sometimes for ALL time) by fine actors of the period. However, it also had its fair share of original villains made just for the series itself. Most of these characters – such as Shame, the Minstrel, and Zelda the Great – never really caught on or went anywhere. A few of these original villains, however, were pretty popular, and often proved to be antagonists just as effective as such famous rogues as the Joker or the Penguin. One of the most well-known of these original villains was Vincent Price’s memorable mastermind, Egghead. His true name unknown (which was the case for most of the villains in the show, to be fair), Egghead was a supervillain who claimed to be the second smartest man in the world. His intelligence was attributed to his unusually oversized and incredibly bald cranium, which was the cause of his alias. Garbed in a dapper cream-and-gold suit, he was one of the slickest sleazebags the Dynamic Duo ever faced. Egghead lived up to his name well: not only was Price’s dialogue littered with egg puns in just about every line, but the character apparently ate nothing but eggs and bacon, and used a variety of explosive gadgets hidden inside of eggshells. From tear gas grenades to pressure-based bombs, his egg-scruciating weapons were no yolk! Of course, he’d always be caught at the end of each story, proving that the life of an outlaw was not all it was cracked up to be. …I am SO sorry, I won’t make any more egg puns, I swear. XD Anywho…Vincent always claimed that playing Egghead was one of the most fun jobs he had, and the character remains iconic, as well as one of Price’s most lauded performances. My only issue with Egghead is that, as the show went on, it felt like the character went through a sort of de-evolution: in his first two-parter appearance, Egghead basically worked alone, barring the usual band of hired mooks and his personal biographer, Miss Bacon. However, later appearances teamed him up with another original villain – Olga, Queen of the Cossacks – and it often felt like the two stepped on each other’s toes. In some episodes, Olga seemed like little more than an overblown moll; in other episodes, it seemed like Egghead had gone from being a crafty crook in his own right to just becoming a bumbling stooge for the Queen of the Cossacks. Still, the character was fun no matter how smart he actually seemed. Fun fact: not so long before his sad departure, Adam West visited my hometown for our local ComicCon. I sadly did not get the opportunity to meet him, but a friend of mine did, and agreed to ask a question for me. They asked Adam West what it was like working with Vincent Price. West apparently answered: “Well, it was exactly what you would imagine it would be like, working with a man who loved his wine, loved his art, and loved his work. In that order.” How I wish I could have heard those golden words firsthand. Tomorrow, the countdown continues with Number 19!

#list #countdown #best #favorites #the price may be right #top 31 vincent price performances #vincent price #actors #acting #tv #dc #batman #batman '66 #60s batman #adam west #burt ward #egghead #number 20

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oracle-global · 2 years ago

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Oracle paves the way for a more secure, scalable, and rapidly innovative DeFi landscape

With the continuous construction and improvement of digital infrastructure such as Web3.0, big data, artificial intelligence and industrial Internet, more new scenarios and applications have emerged. As the DeFi industry has witnessed many positive developments, the oracle project has also taken the express train and entered the fast rising channel. The development of the Prophecy Project is inseparable from the prosperity of the DeFi industry. The total market value of DeFi has increased from less than US $10 to US $8 billion, which is boosted by the global COVID-19 epidemic and the weakening global economic situation. But historical opportunities have beckoned to DeFi. As DeFi's "right-hand man", it is also reasonable to welcome the industry explosion. But the potential of the oracle goes far beyond that. Oracle firmly grasped the opportunity of the times and made a brilliant debut. With blockchain as its wings, it built an aggregation oracle connecting the encryption world and the real world, sharing the dividends of digital assets with global users.

Oracle project advantages highlight the pulse of the times

Security is the cost of obtaining network control. Usually, real world assets are anchored in the design of consensus mechanisms, such as PoW. Ease of use performance is the main reason for the low performance of the blockchain caused by the speed of data processing, which is that every transaction must be agreed on all nodes. Decentralization refers to having a large number of nodes participating in block production and verification. Generally, the greater the number of nodes, the higher the degree of decentralization. Oracle can ensure decentralization in the oracle network, ensuring security and ease of use. Aggregates data from multiple independent nodes to ensure tamper proof and high availability when oracle transmits data to smart contracts. Obtain data from multiple high-quality data providers, ensure data quality at the same time, and improve the level of decentralization at the data source level.

Oracle ecosystem involves multiple interoperable cross chain parallel processing to achieve high scalability. It is designed to cater to the large-scale adoption of blockchain technology and achieve high-speed and low gas cost public chain. Oracle Public Chain has made a qualitative leap in performance improvement by using cross chain technologies. Focusing on improving the information processing performance, Oracle Public Chain works hard to unblock block congestion and reduce gas consumption. It is characterized by high concurrency and environmental protection, and paves the way for the infrastructure of Web3.0 and the huge data transmission of the future meta universe.

Oracle is a complete oracle overall solution to realize decentralization of oracle and data source; At the same time, Oracle will also support multi chain operation in the future. Oracle has perfectly overcome the problems of opaque, inconsistent, inaccurate, difficult to expand, and poor attack resistance of major oracle products in the market to a large extent. After years of operation summary, Oracle has accumulated a lot of experience in user use. It has complete and proven experience in terms of access speed, website expansion, etc. It has first-class application response speed, which can effectively ensure platform liquidity, improve user stickiness, and provide users with a better trading experience.

Oracle application system widely creates Web3.0 financial upgrade portal

Oracle, based on the oracle network, has a positive impact on multiple data sources, data security, data costs, privacy protection and other aspects in many industries including DeFi. With the prosperity of the Web3.0 ecosystem, the demand for data from various applications will gradually increase, which will lead to higher requirements for data. Oracle oracle network can accommodate more data sources, and has a stronger guarantee for data security and reliability. It can interact smoothly in different application scenarios, so that it can be applied to decentralized exchanges, decentralized lending, decentralized wallets, DeFi, financial derivatives trading, stable currency, NFT trading, quantitative investment, futures and options investment, trade and financial service platforms The application scenarios such as offline payment are used to build a financial investment portal from Web2.0 to Web3.0. While shortening the distance between the encryption world and products in the Internet era, more people can easily access and use encryption assets or decentralized applications in the financial field.

Oracle has built a world-class aggregation oracle by concentrating its global strength, developing its advantages in all aspects, grasping the pulse of the times, and using a comprehensive technical system. Its obvious advantages indicate that Oracle will become the leader and leader in the industry.

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avatar-aita · 6 months ago

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INFO Post, because some of you clearly need it:

“Avatar is a good movie/one of the highest grossing films.”

Widespread opinion can be wrong. Take, for example, everyone calling me an asshole. You’re wrong. If you defend the movie, I refuse to hear your opinion, as being so glaringly wrong about one thing is probably seeping into another. Hell, you’re probably just mad because you liked the movie and I didn’t.

Honestly, people will just watch anything passable these days, even if the only draw of the film is the fact that it’s a three-hour long animated desktop screensaver. The plot, if you can even call it one, is downright shameful. It’s a rip from an animated child’s film with uni-dimensional characters. A goddamned Disney movie has more development than this! Good guy is good! Bad guy is bad! OKAY! WE GET IT! You don’t need to hand your viewers everything on a platter and hand feed it to us! Especially not when I knew what the ending was going to be ten minutes in. I would’ve known sooner if the damn thing wasn’t so drawn out! And speaking of hand feeding this stuff… If I directed a multi-million dollar film and the writer tried to name the most important, sought-after material, “unobtanium,” they would be fired on the spot.

You’re going to call the MacGuffin of the movie “unobtanium” and claim that this isn’t marketed to children who are 12 and under? For Christ’s sake, it’s impressive that this movie is age-rated anything higher than G, considering it takes the intellectual capacity of a drunken toddler to comprehend it. If you agree with my coworker on this, my opinion of you is drastically lower, and will not be taken into account here. You’re probably stupid, high, or you’ve got one too many screws loose. Maybe even a combination of the three! You’re all a load of idiots, it seems.

“Touch grass/You are a tar pit/You are a cunt.”

Ok.

“The couch thing?”

The couch is uncomfortable to sleep on, and he was being stubborn. Yes, I live with him. It's for logistical purposes. It's helpful for rent, gas, and utilities, among other things.

“Your coworker should find better friends.”

He won’t.

“No wonder you don’t have friends/I’m surprised he’s still your friend.”

I’m surprised you have any lasting relationships if you’re willing to break one off over a single differing opinion.

“Calling people stupid for their interests is rude/insensitive.”

Lying to people is also insensitive. He’s dumb, and the movie sucks. I’m only being honest. It’s not my job to sugarcoat everything for him. He’s a grown man, he can take a bit of well-informed criticism. If that upsets him, that isn’t my problem.

“You’re extremely self-righteous/egotistical.”

I can admit when I’m wrong, but I am not wrong about this. Anyone enjoying the meaningless drivel that is Avatar really isn't all that smart.

“This is bait.”

It’s not my job to change your mind about that one. Maybe socialize more and you’ll meet people who don’t share the same damn opinion as you.

This has only confirmed my belief that people online can’t think critically. You all seem to act erratically from the “advice” you’ve given him and I. If you knew him, you’d know that I’m right.

( 🟦 🎞️ 🟦 )

AITA for telling my coworker that he’s stupid for liking an objectively TERRIBLE film?

I (27M) and my coworker (25M) usually have “movie nights” on our days off. We find time to sit down and watch a movie together. He’s usually agreeable on what movie I want to watch, but sometimes I do let him choose the movie, as long as I don’t find it too unbearable. (His taste in cinema is below average.)

Earlier today, he reminded me that neither of us were scheduled on Friday or Saturday, and he asked me if I wanted to do a movie night. I agreed, and asked him if he wanted to watch anything in particular. (This is more of a pleasantry. He usually never suggests anything specific when I ask this.)

Surprisingly, he said that he did have a movie in mind! Unfortunately, the movie he had in mind was the 2009 movie, Avatar. The one with the blue people.

After he said this to me, I laughed at him, because no one actually LIKES that movie. The best anyone can say is that it’s visually appealing! The plot is drawn out, bland, and not worth nearly three hours of my time. I asked him if he was serious about wanting to watch it, because I never took him for the type to enjoy something so dull.

He frowned at me and said that he'd watched it a few times with his ex-girlfriend when they were still dating, and that he’d really liked it… and not just for the visual aspect? He said that he wanted to watch it with me too. He continued to justify it by bringing up the fact that I like other sci-fi movies and shows, and that he didn’t see how this was any different from those.

I told him that it was different because there was no reason for a movie to go for so LONG and to give so LITTLE, and he started whining about the first Lord of the Rings movie (which we’d watched a few months ago) and how it was longer than Avatar.

I told him that there was a HUGE difference: LotR is actually good! This only seemed to upset him more. He scoffed at me, saying that I couldn’t see a good movie if it was right in front of me. He said this jokingly, but I could tell he was upset. I glared at him, but didn’t say anything.

After a few seconds of tense silence, he asked AGAIN if we could watch it on Friday, because I’m the one who always picks the movies, and that it was unfair that he never got to pick any. I told him no, because Avatar is an awful film, and that he was really stupid for liking it.

I don’t think I’m wrong for telling him that Avatar sucks, considering it’s common knowledge, but calling him stupid might’ve crossed the line for him. I’m pretty sure that this comment is what made him mad, because it sparked a bigger argument, which eventually led to him sleeping on the couch for the night. I’ve called him stupid in other situations before, so I’m not sure why he’s making such a big deal about it now.

I don’t think I’m the asshole… If I am, I’m definitely justified. The only reason I’m asking is because a close friend of mine (28X) said that I was too harsh about it, so now I'm second-guessing myself. AITA for telling my coworker that he’s stupid for liking an objectively TERRIBLE film?

#AITA

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industrynewsupdates · 5 hours ago

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Power Transformer Market Outlook: Opportunities and Challenges

The global power transformer market was valued at approximately USD 22.83 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is expected to be driven by several key factors, with the rising demand for electricity in both emerging and developed countries being a major contributing factor. As nations continue to urbanize and industrialize, there is a growing need for more robust and efficient power infrastructure. Increased investment in infrastructure—especially in power generation, transmission, and distribution networks—is expected to further accelerate the demand for power transformers.

Additionally, there has been a notable push toward the development of smart grids, which aim to improve the efficiency, reliability, and sustainability of electricity networks. The rising demand for smart meters—which are integral components of smart grids—has generated a need for more advanced power transformers. As smart grids become more widespread, they are expected to positively impact the power transformer market. Over the next five years, this trend is likely to continue, driving the need for more efficient and technologically advanced power transformers.

Another key factor fueling the growth of the power transformer market is the ongoing modernization of existing power grids. Governments and utility companies around the world are investing in upgrading outdated infrastructure to improve energy efficiency, reduce transmission losses, and ensure reliable power delivery. Many of these modernization efforts are supported by government initiatives aimed at installing advanced power transformers that are capable of supporting smarter, more efficient power grids. As a result, there will be significant demand for power transformers that can help optimize grid performance and contribute to reducing energy waste.

Gather more insights about the market drivers, restrains and growth of the Power Transformer Market

Regional Insights

In 2022, the Asia Pacific power transformer industry accounted for over 40.41% of the global revenue share and is expected to grow at a CAGR of 7.9% by 2030. This significant market share and projected growth are driven by several factors, primarily the rapid economic development and the increasing demand for reliable, uninterrupted power supply in the region. One of the key drivers is the population growth, which leads to higher electricity demand as more people require access to energy for residential, industrial, and commercial needs.

A major contributor to the growth in the Asia Pacific region is China. As the country undergoes rapid industrialization and urbanization, the demand for electricity has surged. To meet this growing demand, China is making significant investments in the expansion and modernization of its electrical transmission and distribution systems. The expansion includes the construction of new transmission lines and substations to improve the efficiency of power delivery and ensure a stable energy supply to the rapidly growing population and industrial sectors.

In addition to meeting domestic energy needs, China’s power transformer market is being driven by a focus on closing the energy demand and supply gap. As the country continues to expand its infrastructure and improve energy efficiency, the demand for power transformers, which are crucial components in energy transmission, is expected to rise. Moreover, concerns over greenhouse gas emissions and their environmental impacts are pushing China to invest more in renewable energy sources. This shift towards cleaner, sustainable energy will likely drive demand for modern power transformers that can support the integration of renewable energy into the national grid.

The entire Asia Pacific region, not just China, is experiencing a rise in industrialization, infrastructure development, and construction activities, all of which contribute to a higher need for power transformers. As more industries and businesses emerge, the demand for efficient and reliable energy transmission systems becomes even more critical. At the same time, the focus on renewable energy production, particularly in countries like India and Japan, is fueling the demand for advanced power transformers designed to handle the unique challenges of renewable energy integration.

Moreover, Asia Pacific remains one of the world’s top energy producers, making it an attractive market for power transformer manufacturers. With a large and growing population, an expanding industrial base, and an increasing focus on sustainability and renewable energy, the Asia Pacific region presents a wealth of growth opportunities for companies involved in the power transformer industry.

Browse through Grand View Research's Semiconductors Industry Research Reports.

• The global photonic integrated circuit market size was valued at USD 14.08 billion in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.

• The global chip-on-board LED market size was valued at USD 2.70 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2030.

Key Companies & Market Share Insights

The power transformer industry is highly competitive, with major players such as Siemens AG, Crompton Greaves Ltd, ABB Ltd, Alstom SA, Toshiba Corp, and GE Co dominating the global market. These companies have established themselves as key suppliers of power transformers, leveraging their global reach, technological expertise, and strong market presence to maintain leadership in the industry.

To secure a larger share of the market, industry players are increasingly focused on improving the lifespan and efficiency of their products, as well as increasing production capacity. The ability to offer reliable, long-lasting transformers that can withstand the demands of modern energy grids is a critical factor in gaining a competitive edge. Many of these companies are also diversifying their product portfolios by introducing advanced transformer technologies, such as shunt reactors, HVDC light, and phase-shifting transformers, to cater to the evolving needs of the energy sector.

Some prominent players in the global power transformer market include:

• ABB Ltd.

• Alstom SA

• Hyosung Power & Industrial Systems Performance Group

• Crompton Greaves Ltd.

• GE Co.

• Hyundai Heavy Industries Co. Ltd.

• Siemens Energy

• Mitsubishi Electric Corporation

• Toshiba Corp.

• Bharat Heavy Electricals Limited

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

#Power Transformer Market #Power Transformer Market Regional Insights #Power Transformer Market Analysis #Power Transformer Market Report

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latestmarketresearchnews · 2 days ago

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Aerogel Market Share and Growth Information Analysis Report by 2030

The global aerogel market was valued at USD 1.38 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 17.0% from 2025 to 2030. Aerogels, known for their lightweight, insulating, and highly porous nature, are revolutionizing industries by offering innovative solutions across various sectors, including construction, aerospace, automotive, and electronics. As energy consumption worldwide continues to rise, there is an increasing demand for efficient materials that reduce energy loss. Aerogels are highly effective in addressing this need, particularly due to their exceptional thermal insulation properties. These properties make aerogels an ideal choice for both building insulation and thermal protection in various industrial processes, such as oil and gas, manufacturing, and electronics.

Despite the promising growth of the aerogel market, there are some challenges that could slow down its expansion, especially in international markets. One major factor is the complexity of distribution. Many aerogel manufacturers depend on agreements with suppliers, distributors, exporters, or online sellers to deliver their products to consumers. However, the fragile and delicate nature of aerogels presents a challenge when transporting these materials over long distances or to remote locations. This fragility, along with the high production costs associated with aerogel manufacturing, can limit the ability of manufacturers to expand rapidly into foreign markets. These logistical and financial constraints may temper the growth of the market during the forecast period.

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

Regional Insights:

North America Aerogel Market Trends:

North America dominated the global aerogel market, accounting for 44.4% of the global revenue in 2024. The region's significant share can be attributed to the rising demand across key industries, including aerospace, building & construction, automotive, and oil & gas. North America holds substantial growth potential, particularly in the areas of application development, quality improvement, and product innovation for aerogels. The demand is primarily driven by the superior insulation properties of aerogels, especially their low thermal conductivity, making them highly suitable for thermal insulation applications in various sectors. As industries seek more efficient energy solutions, aerogels are emerging as a key material to meet these needs.

United States

In the U.S., the aerogel market is experiencing significant growth due to continuous advancements in material science and technology. Aerogels' unique properties such as their low density and high thermal resistance make them ideal for a wide range of applications, particularly in aerospace, construction, and automotive industries. In the construction sector, the rising demand for energy-efficient solutions in building materials and insulation systems is contributing to the increasing adoption of aerogels. These materials provide superior thermal performance compared to conventional insulation materials, making them highly sought after for building energy-efficient structures.

Middle East & Africa Aerogel Market Trends:

The Middle East & Africa region is expected to experience the fastest growth, with a CAGR of 20.1% during the forecast period. Countries such as the UAE and Saudi Arabia are significantly investing in large-scale infrastructure projects, including smart cities and sustainable buildings. For example, Saudi Arabia’s Neom City, a mega-project focused on sustainability and energy efficiency, is driving the adoption of advanced materials like aerogels, particularly for thermal insulation due to their excellent thermal performance. This trend is indicative of a broader shift toward more eco-friendly construction practices that prioritize sustainability, which is expected to accelerate the demand for aerogel products in the region.

Asia Pacific Aerogel Market Trends:

The Asia Pacific aerogel market is anticipated to see significant growth during the forecast period, driven by a focus on sustainability. As governments and industries in the region increasingly prioritize sustainable development, the demand for innovative materials that reduce carbon footprints has escalated. In Japan, for instance, aerogels are gaining popularity in thermal insulation applications for products like refrigerators and HVAC systems, in response to both environmental regulations and growing consumer demand for green products. This push toward sustainability is leading to the widespread adoption of aerogels in various industries, aligning with global efforts to reduce environmental impact.

China

The China aerogel market, in particular, is seeing substantial growth, largely driven by the booming aerospace and automotive sectors. As these industries focus on lightweight materials to enhance fuel efficiency and performance, aerogels, with their low density and high strength-to-weight ratio, have become a favored choice. Chinese aerospace manufacturers, including COMAC (Commercial Aircraft Corporation of China), are increasingly exploring aerogels for thermal protection systems and lightweight structural components. Similarly, the automotive industry in China is showing increasing interest in aerogels for sound insulation and improving energy efficiency, which is further fueling the market's growth in the region.

Europe Aerogel Market Trends:

In Europe, the aerogel market is experiencing notable growth, driven by stringent energy efficiency regulations and a strong commitment to sustainability. European nations are leading efforts to reduce greenhouse gas emissions, which is encouraging industries to adopt advanced materials that improve energy performance. The European Union’s Green Deal, which aims to cut energy consumption in buildings, has particularly spurred the adoption of aerogel insulation materials in both residential and commercial construction. Additionally, projects aimed at renovating historic buildings, such as those in Amsterdam, are increasingly incorporating aerogels to improve energy efficiency without compromising the aesthetic integrity of the structures. This demonstrates the versatility of aerogels, which can offer both practical benefits and aesthetic value in energy-conscious renovation projects.

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

The global cryocooler market size was estimated at USD 2.87 billion in 2024 and is anticipated to grow at a CAGR of 7.6% from 2025 to 2030.

The global e-waste management market size was estimated at 69.1 million metric tons in 2024 and is projected to grow at a CAGR of 6.7% from 2025 to 2030.

Key Companies & Market Share Insights

The aerogel market is poised for substantial growth, driven by technological advancements, rising global energy demand, and the need for efficient insulation solutions across industries. While challenges related to high production costs and fragile transportation persist, the development of cost-effective production techniques and the growing adoption of aerogels in diverse applications will likely accelerate market growth. With major players like Aspen Aerogels and Cabot Corporation leading the way, the market is set to expand as more industries leverage the unique properties of aerogels to improve energy efficiency, safety, and sustainability.

Several major players in the aerogel market are driving innovation and market growth:

Aspen Aerogels, Inc.: Aspen Aerogels is known for its high-performance aerogel materials, especially its products for thermal insulation in various industries, including oil and gas, construction, automotive, and aerospace. One of the company's flagship products, Pyrogel, is used for industrial insulation applications, while Cryogel is designed for cryogenic These materials are widely recognized for their ability to deliver significant energy savings and enhance safety, making Aspen a key player in promoting sustainability and efficiency across multiple sectors.

Cabot Corporation: A global leader in specialty chemicals and performance materials, Cabot Corporation offers a broad range of solutions for industries like electronics, energy, transportation, and aerospace. Within the aerogel market, Cabot Corporation provides a variety of aerogel-based insulation materials that deliver excellent thermal performance and lightweight characteristics. These aerogels are used in industries such as oil and gas, building and construction, and automotive, where insulation efficiency and material versatility are critical. Cabot’s products help reduce energy consumption and improve overall material performance.

Key Aerogel Companies

Aspen Aerogels, Inc.

Cabot Corporation

Aerogel Technologies, LLC

Active Aerogels, LDA

BASF

JIOS Aerogel Corporation

Nano Technology Co., Ltd.

Dow

Enersens

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

#Aerogel Market Research #Aerogel Market Forecast #Aerogel Market Overview

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researchreportinsight · 2 days ago

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Aerogel Market - Recent Industry Developments and Growth Strategies till 2030

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

Regional Insights:

North America Aerogel Market Trends:

United States

Middle East & Africa Aerogel Market Trends:

Asia Pacific Aerogel Market Trends:

China

Europe Aerogel Market Trends:

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

The global cryocooler market size was estimated at USD 2.87 billion in 2024 and is anticipated to grow at a CAGR of 7.6% from 2025 to 2030.

The global e-waste management market size was estimated at 69.1 million metric tons in 2024 and is projected to grow at a CAGR of 6.7% from 2025 to 2030.

Key Companies & Market Share Insights

Several major players in the aerogel market are driving innovation and market growth:

Key Aerogel Companies

Aspen Aerogels, Inc.

Cabot Corporation

Aerogel Technologies, LLC

Active Aerogels, LDA

BASF

JIOS Aerogel Corporation

Nano Technology Co., Ltd.

Dow

Enersens

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

#Aerogel Market Research #Aerogel Market Forecast #Aerogel Market Overview

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sapana22 · 3 days ago

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Unveiling Smart Pneumatics Market Potential: Size, Share, and Analysis

Smart Pneumatics Market: Strategic Insights, Key Players, and Forecasts by 2032

The latest Smart Pneumatics Market Report provides a comprehensive analysis of growth projections, strategic insights, and competitive landscape. As the market recovers post-pandemic, significant growth is anticipated. This report delivers valuable information for business strategists, combining an overview of industry standards, strategic trends, and emerging patterns among key players. It serves as an essential resource for market stakeholders planning future steps in the industry.

This research document includes detailed industry overviews, growth analysis, and historical and projected data on costs, revenue, supply, and demand. Market analysts provide an in-depth analysis of the value chain and distribution networks. Analytical tools like SWOT analysis, Porter’s Five Forces, and feasibility studies are applied to assess competitive dynamics, entry barriers, and opportunities, giving stakeholders strategic insights into current and future trends.

According to Straits Research, the global Smart Pneumatics Market size was valued at USD 3.5 billion in 2023. It is projected to grow from USD 3.7 billion in 2024 to USD 5.9 billion by 2032, with a projected CAGR of 6.5% over the forecast period (2024–2032).

Request a Free Sample (Free Executive Summary at Full Report Starting from USD 1850): https://straitsresearch.com/report/smart-pneumatics-market/request-sample

Key Report Highlights

Market Overview and Competitive Landscape: Covers strategic insights on key players, their market share, recent advancements, and effective marketing tactics.

Segmentation Analysis: Divides the market into sub-segments based on product type, application, and regions, with both macro and micro-level analysis.

Regional Insights: Offers revenue forecasts and trend analysis across major geographies, including:

North America: United States, Canada, Mexico

Europe: United Kingdom, France, Germany, Russia

Asia-Pacific: China, Japan, Australia, Indonesia

Middle East & Africa: UAE, Iran, South Africa

South America: Brazil, Peru, Chile, Colombia

Emerging Trends and Opportunities: Highlights growth drivers, constraints, market trends, and high-growth areas, assisting companies in identifying future business opportunities.

Buy Full Report (Exclusive Insights with In-Depth Data Supplement): https://straitsresearch.com/buy-now/smart-pneumatics-market

Top Players in the Smart Pneumatics Market

The report highlights leading companies, including

Rotork

Festo AG and Co.KG

Thomson Industries

Bimba Manufacturing

Metso

Parker Hannifin Corporation

Bimba Manufacturing Co.

Rotork PLC

Thomson Industries Inc.

Cypress EnviroSystems Corp

Ningbo Smart Pneumatic Co. Ltd

Emerson Electric Co.

Smart Pneumatics Market Segmental Analysis

By Type

Smart Pneumatic Valve

Smart Pneumatic Actuator

Smart Pneumatic Module

By Component

Hardware

Software

By End-Users

Automotive

Oil and Gas

Food and Beverage

Energy and Power

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/smart-pneumatics-market/segmentation

Reasons to Purchase This Report

Gain insights into the evolving competitive landscape and top players’ growth strategies.

Access strategic planning tools to support informed business decisions.

Benefit from regional market estimates and detailed profiles of stakeholders.

Understand critical market segments and identify trending factors impacting growth.

Research Methodology

Straits Research utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches. Market estimates are validated through primary research and stakeholder interviews. Reliable sources are used to determine market size and forecasts across segments globally, regionally, and nationally.

Table of Contents for the Smart Pneumatics Market Report: https://straitsresearch.com/report/smart-pneumatics-market/toc

About Straits Research

Straits Research is a leading provider of market research and intelligence services. With a focus on high-quality research, analytics, and advisory, our team offers actionable insights tailored to clients’ strategic needs.

Contact Us Email: [email protected] Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

#Smart Pneumatics #Smart Pneumatics Industry #Smart Pneumatics Share #Smart Pneumatics Size #Smart Pneumatics Trends #Smart Pneumatics Regional Analysis #Smart Pneumatics Growth Rate

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insightsbyskyquest · 6 days ago

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Wind Energy Market Size, Share, Growth Analysis 2031

Wind energy has emerged as one of the fastest-growing renewable energy sources globally, driven by the urgent need to reduce carbon emissions and transition to cleaner energy. As governments, corporations, and individuals push for greater sustainability, wind power is at the forefront of this global movement. The wind energy market is expanding rapidly, with advancements in technology, favourable policies, and increased investments fueling its growth. The market is poised for significant growth through 2031, driven by the rising demand for green energy, technological innovations, and regulatory support for cleaner energy solutions.

The global wind energy market refers to the installation, maintenance, and development of wind turbines for the generation of electricity. Wind power accounts for a substantial portion of renewable energy production worldwide, alongside solar and hydropower. The market is generally segmented into onshore wind energy and offshore wind energy, both of which are experiencing unique trends and developments.

To Learn More About This Report, Request a Free Sample Copy - https://www.skyquestt.com/sample-request/wind-energy-market

As of 2023, the global wind energy market was valued at approximately USD 87.66 billion, with expectations to grow at a compound annual growth rate (CAGR) of around 9% from 2024 to 2031. This growth is attributed to technological advancements, increased awareness of climate change, and government support for the renewable energy transition.

Key Market Drivers

1. Increasing Energy Demand: The growing global energy demand, fueled by population growth and industrialization, is prompting countries to diversify their energy mix. Wind energy, with its scalability and low environmental impact, is becoming an increasingly attractive solution.

2. Government Policies and Support: Many governments around the world have set ambitious renewable energy targets as part of their climate action plans. For instance, the European Union, the United States, and China have committed to achieving carbon neutrality by 2050 or earlier, which is driving investments in wind power infrastructure.

3. Technological Advancements: The evolution of turbine technology, including larger, more efficient turbines and floating offshore wind farms, has led to cost reductions and higher energy yields. The development of smart grids and storage solutions is also improving the efficiency of wind energy systems.

4. Environmental Concerns and Carbon Reduction Goals: Climate change concerns and the need to reduce greenhouse gas emissions are driving the adoption of clean energy sources like wind power. As countries work toward their Paris Agreement commitments and net-zero targets, the wind energy market stands to benefit.

5. Cost Competitiveness: The cost of generating electricity from wind power has fallen dramatically in recent years due to technological advancements and economies of scale. Onshore wind power, in particular, has become one of the most cost-competitive energy sources, making it more accessible to both emerging and developed markets.

Market Segmentation

The wind energy market can be segmented by type, location, application, and region. Each segment is growing at different rates based on regional policies, technological advancements, and energy needs.

- In terms of type, the market is segmented into offshore, and onshore.

- Based on end-use, the market is segmented into industrial, commercial, and residential.

- By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Top Player’s Company Profiles in Global Wind Energy Industry - Vestas Wind Systems A/S, Siemens Gamesa Renewable Energy, General Electric Company, Nordex SE, MingYang Smart Energy Group Co., Ltd., Goldwind Science & Technology Co., Ltd., Enercon GmbH, Envision Energy, Suzlon Energy Limited, Senvion S.A., Sinovel Wind Group Co., Ltd., Guodian United Power Technology Company Ltd., GE Wind Energy, Xinjiang Goldwind Science & Technology Co., Ltd., Gamesa Corporation Tecnológica, Shanghai Electric Group Company Limited, United Power, Mingyang Group Co., Ltd., Siemens AG, Clipper Windpower, LLC

Read Wind Energy Market Report Today - https://www.skyquestt.com/report/wind-energy-market

Future Outlook and Growth Opportunities

The global wind energy market is poised for robust growth through 2031. Some key trends expected to drive this growth include:

- Offshore Wind Energy Expansion: Offshore wind farms are becoming increasingly viable, particularly in areas with high wind resources and the necessary infrastructure. With advances in floating wind turbine technology, offshore wind is expected to open up new markets in deep-water regions where traditional fixed turbines are not feasible.

- Hybrid Power Systems: The integration of wind energy with other renewable sources, such as solar and storage, will increase grid reliability and energy security. Hybrid power systems combining wind and solar with battery storage are emerging as a solution to overcome the intermittency issue.

- Automation and Digitalization: The use of Artificial Intelligence (AI), machine learning, and digital twin technology to optimize wind farm operations and maintenance is expected to improve efficiency and reduce costs, further driving market growth.

- Emerging Markets: Developing countries in Africa, Latin America, and Southeast Asia are expected to become important growth areas for wind energy as they seek to diversify their energy mix and attract investments in green energy. The wind energy market is on a strong growth trajectory, driven by technological advancements, supportive government policies, and the growing demand for clean energy. By 2031, the market is expected to have expanded substantially, with offshore wind farms playing a crucial role in meeting global energy needs. As countries around the world continue to set ambitious renewable energy targets, wind energy will remain a cornerstone of the global energy transition, offering significant growth opportunities for companies, investors, and governments alike.

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electronalytics · 1 year ago

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#Global NB-IoT Smart Gas Meter Market Size #Share #Trends #Growth #Industry Analysis #Key Players #Revenue #Future Development & Forecast 2023-2032

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rjzimmerman · 4 months ago

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Excerpt from this New York Times story:

For much of the last five years, automakers have been spending billions of dollars in a frantic race to develop electric vehicles and build factories to produce them, with expectations that consumers would flock to these new models.

But in the past 12 months, the growth rate of electric vehicle sales has slowed sharply as some car buyers have balked at the high prices of electric cars and trucks and the hassles of charging them, especially on long trips.

The shift in consumer sentiment is now forcing many automakers to pull back on aggressive investment plans, and pivot, at least partly, back to the internal-combustion engine vehicles that still account for most new car sales and a large share of corporate profits.

The latest example came on Thursday when Ford Motor said it would retool a plant in Canada to produce large pickup trucks rather than the electric sport-utility vehicles it had previously planned to make there.

Ford’s move comes a day after General Motors said it expected to make 200,000 to 250,000 battery-powered cars and trucks this year, about 50,000 fewer than it had previously forecast.

“After the pandemic, there was a huge exuberance around E.V.s, and I think a lot of the manufacturers thought that growth was going to continue,” said Arun Kumar, a partner and managing director in the automotive and industrial practice at AlixPartners, a consulting firm. “But the reality is that’s not the case, and it’s a smart move to make sure you’re not losing market share in internal combustion.”

#electric vehicles #automobile industry

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usedcardealershipsinatlanta · 8 days ago

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Used Car Dealers in Atlanta, GA: Your Guide to Finding the Best Deals

Purchasing a used car is often a smart financial decision, especially when you can get a reliable vehicle at a lower price than buying new. However, finding the right used car dealership can be a challenge, particularly in a large metropolitan area like Atlanta, GA. With so many options available, it’s essential to do your research and understand the factors that can influence your decision when buying a used car in the Peach State.

Why Buy a Used Car in Atlanta?

Before diving into the details of specific used car dealers, it’s important to understand why buying a used car in Atlanta, GA, can be a great choice.

Lower Prices: The primary advantage of buying a used car is the price. Used vehicles depreciate at a slower rate compared to new cars, meaning you can get a high-quality vehicle at a significantly lower cost. This is especially helpful if you're working with a tight budget or looking to get more value for your money.

Variety of Options: Atlanta is a major hub, which means that used car dealerships in the city typically carry a wide range of options, from affordable sedans to luxury vehicles and everything in between. You’ll have access to a broad selection of makes, models, and years, giving you flexibility in choosing the right car for your needs.

Reputation of the Dealership: Many used car dealers in atlanta ga pride themselves on offering high-quality vehicles and providing excellent customer service. Atlanta’s reputation for competitive business practices has led to a thriving market for well-maintained pre-owned vehicles.

Convenience: With a large number of used car dealers spread across the city, you'll have no shortage of locations to explore, test drive, and negotiate deals. Plus, many dealerships offer online platforms to browse their inventory, making it easier than ever to find the right car before even stepping into the dealership.

What to Look for in Used Car Dealers in Atlanta

With so many options available, choosing the right used car dealership can feel overwhelming. Here are some key factors to consider when evaluating dealerships:

1. Vehicle Selection and Quality

One of the most important things to look for in a used car dealership is a diverse inventory of vehicles that meet your needs. Whether you’re searching for a fuel-efficient sedan, a reliable family SUV, or a durable truck, the dealership should offer a range of vehicles that cater to different tastes and preferences.

Moreover, you want to ensure the cars are of good quality. Many dealerships offer certified pre-owned (CPO) cars, which go through extensive inspections and repairs to meet high standards. Certified pre-owned vehicles are usually backed by manufacturer warranties, giving you additional peace of mind.

2. Vehicle History Reports

Reputable used car dealers will provide a vehicle history report from trusted sources like Carfax or AutoCheck. This report offers valuable insights into the car's previous ownership, any accidents it may have been involved in, and whether the car has a clean title. A transparent dealership will be willing to share this information to build trust with their customers.

3. Financing Options

While many used car buyers pay in cash, others prefer to finance their purchase. Many dealerships offer in-house financing, making it easier for customers to get approved for a loan regardless of their credit history. Dealerships that work with multiple lenders or offer Buy Here Pay Here (BHPH) options can be a good choice if you have less-than-perfect credit or if traditional banks have turned you down.

Look for dealerships that clearly explain their financing terms and offer competitive interest rates. Also, it’s a good idea to pre-qualify for financing before visiting a dealership, so you have a better understanding of your budget.

4. Customer Service and Reputation

A dealership’s reputation is crucial when making a significant investment like a used car. Look for dealerships that have positive reviews on websites like Google, Yelp, and DealerRater. Check out customer testimonials to gauge the level of service, how helpful the sales team is, and whether previous buyers had a positive experience.

Additionally, visit the dealership in person if possible to get a feel for their customer service. A friendly and knowledgeable sales staff can help guide you through the process and ensure that you get the best deal possible.

Top Used Car Dealers in Atlanta, GA

Atlanta is home to several well-established and reputable used car dealerships that cater to a variety of buyer needs. Here are some of the top used car dealers in the area:

1. Atlanta Luxury Motors

For buyers seeking high-end, luxury vehicles at affordable prices, Atlanta Luxury Motors is a go-to destination. Located just outside downtown Atlanta, this dealership offers a selection of pre-owned luxury brands like BMW, Mercedes-Benz, Audi, and Lexus. Atlanta Luxury Motors specializes in well-maintained vehicles, many of which come with low mileage and are in excellent condition.

They also provide competitive financing options and offer a certified pre-owned program for many of their cars. If you’re looking for a high-quality used luxury car, this is one of the best places to check out in Atlanta.

2. AutoNation USA

AutoNation USA is part of one of the largest dealership networks in the country, and their Atlanta location is no exception. They carry a wide range of used vehicles from various manufacturers, including Toyota, Ford, Honda, and Nissan. AutoNation USA is known for its no-haggle pricing, which means you won’t have to worry about negotiating the price.

Additionally, AutoNation offers a 5-day return policy, giving you peace of mind if you change your mind about the car after purchase. Their service department also offers maintenance and repairs, so you can trust that the car will be well taken care of long after the sale.

3. Jim Ellis Hyundai

Known for their customer-centric approach, Jim Ellis Hyundai is a reliable option for used car buyers in Atlanta. Located in the northern part of the city, Jim Ellis Hyundai offers a large selection of pre-owned vehicles, including certified pre-owned Hyundai models, which are rigorously inspected to meet the manufacturer’s standards.

They also provide financing solutions, including low-interest rates and flexible terms for buyers with good credit. Jim Ellis Hyundai is well-regarded for its customer service and dedication to providing a seamless buying experience.

4. Peach State Auto

For more budget-conscious buyers, Peach State Auto offers a wide selection of affordable used vehicles at competitive prices. They specialize in offering cars with low down payments and flexible financing options, including Buy Here Pay Here (BHPH) for those with credit challenges.

Peach State Auto has a strong reputation for transparency and customer service. They encourage prospective buyers to bring in a mechanic for an inspection, ensuring that you’re getting a vehicle in top condition. Their no-pressure sales approach and commitment to helping buyers find the right vehicle make them a top choice for many in the Atlanta area.

5. Vroom

If you're looking for an entirely online used car shopping experience, Vroom is an innovative platform that allows you to browse and purchase cars entirely from the comfort of your home. With a vast inventory of used vehicles, Vroom delivers the car to your doorstep, offering a hassle-free experience. They also offer a 7-day return policy, allowing you to test the vehicle and return it if you’re not satisfied.

Conclusion

Buying a used car in Atlanta, GA, can be an excellent decision if you know what to look for in a dealership. Make sure to consider factors like vehicle quality, financing options, and customer service when selecting a dealership. Whether you're looking for a budget-friendly option or a luxury vehicle, Atlanta offers a variety of trusted dealerships to meet your needs. By taking the time to do your research and exploring your options, you'll be well on your way to driving home in a reliable and affordable used car.

#used cars #cars

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trendingreportz · 9 days ago

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Electronic Adhesives Market - Forecast (2024-2030)

Electronic Adhesives Market Overview

Electronic Adhesives Market Size is forecast to reach $ 6,820 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Electronic adhesives are used for circuit protection and electronic assembly applications such as bonding components, wire tacking, and encapsulating electronic components. The use of electronic adhesives in manufacturing components for electric vehicles such as printed circuit boards, lithium-ion batteries, and battery pack assemblies are facilitating growth of the market. Growing adoption of surface mounting technology to replace welding and soldering is one of the prominent trends in the electronics industry, shaping the demand for electronics adhesives.

Report Coverage

The report: “Electronic Adhesives Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Electronic Adhesives Industry.

By Type: Thermal Conductive, Electrically Conductive, Ultraviolet-Curing and Others.

By Resin Type: Epoxy, Cyanoacrylates, Polyamides, Phenolic, Silicones, and Others (Acrylics, and Polyurethane)

By Application: PCB’s, Semiconductor, and Others

By End-User Industry: Consumer Electronic (Wearable Devices, LEDs & TVs, Smart Phones & Tablets, Computers, Laptops, and Others), Healthcare, Energy & Power (Solar, Wind, and Others), Telecom Industry, Transportation (Automotive (Passenger Vehicles, Light Commercial and Heavy Commercial Vehicles), Marine, Locomotive, and Aerospace), Oil & Gas, Chemical, Pulp & Paper, and Others.

By Geography: North America, South America, Europe, APAC, and RoW

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Key Take away

In 2020, North America held the largest share after APAC. Due to growing demand for electronic adhesives in electronics and telecommunication industry. The US hold the largest share in the region over the forecast period.

Growing adoption of electric vehicles is expected to provide a major growth opportunity for the market.

Emission of Volatile Organic Compounds (VOC’s) may deter the market's growth during the forecasted period.

COVID-19 has hindered the market growth owing to the disruption of supply chain and worldwide lockdown.

Electronic Adhesives Market Segment Analysis - By Type

Electrically Conductive segment held the largest share of more than 30% in the electronics adhesives market in 2020. Electrically Conductive are used in various industry verticals such as aerospace, automotive, medical, and telecom products. Electrically conductive is an excellent solution for making electrical contacts on PCBs and other temperature-sensitive substrates, as their curing temperature is below the soldering temperature. An increase in demand for Anisotropic Conductive Adhesives (ACA) in LCD connections, PCBs, and bonding antenna structures further boost the demand for the market. Electric conductive are also used in the LED industry for their capacity to serve as stable electrical contacts by absorbing mismatches, which will likely boost the market's growth for the forecasted period.

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Electronic Adhesives Market Segment Analysis - By Resin Type

Epoxy segments held the largest share of more than 25% in the market in 2020. Epoxy is widely used in electronic applications, either in two-part or single-part heat cure products. Epoxy has good resilience against environmental and media influences, it has a dry and non-tacky surface which is perfect to be used as a protective coating and is widely used in adhesives, plastics, paints, coatings, primers and sealers, flooring, and other. Curing epoxy adhesives can take place either at room or elevated temperature or through photoinitiators and UV light. Modern photoinitiators also react to the special UV spectrum of LED light sources, so that newly developed epoxide resin adhesives can be cured with both UV and UV LED light. Some epoxies exhibit optical properties and diffraction indexes, making them useful for applications in precision optics, lens bonding, and information technology, which will further boost the market's growth.

Electronic Adhesives Market Segment Analysis - By Application

Printed Circuit Boards (PCBs) segment held the largest share of more than 35% in the market in 2020. Electronic adhesives are used as a conformal coating in PCBs. Adhesive is used in wire tracking, potting & encapsulation of components, conformal coatings of circuit boards, and bonding of surface mount components. PCBs are highly reliable, cheap, less chance of short circuit, easily repairable, and are compact in size. The growing uses of laptops, smartphones, and household appliances coupled with developing living standards further drive the growth of PCB. Whereas, the growing uses of PCB’s in automotive, industrial & power equipment, control & navigation systems, and aerospace monitoring also contribute to the market growth. According to Aerospace Industries Association (AIA) report, in 2018, aerospace and defense exports amounted to $151 billion, an increase of 5.81% from the previous year, and civil aerospace accounted for the majority of exports with $131.5 billion.

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Electronic Adhesives Market Segment Analysis - By End-User Industry

Consumer Electronics segment held the largest share of more than 30% in the Electronic Adhesives Market in 2020. Rapid urbanization and increase in the development of new technology have propelled the demand for consumer electronics. As per the United Nations, 55% of the world’s population lives in urban areas, which propel the demand for consumer electronics. The growing demand for lightweight and portable equipment such as smartphones, laptops, and digital cameras are playing a significant role in boosting the demand for the market. As per a report released by Nexdigm Private Limited, a private company, the global electronics industry is expected to reach $7.3 trillion by 2025, which will significantly propel the demand for the market during the forecasted period.

Electronic Adhesives Market Segment Analysis - By Geography

Asia-Pacific held the largest share of more than 45% in the Electronic Adhesives Market in 2020. China, India, and Japan are the major contributors to the growth of Electronic Adhesives Market in APAC. The large consumer base, developing manufacturing sector, and increase in middle-class population along with smart city projects are major factors for the market growth. As per the Indian Brand Equity Foundation (IBEF) report released in 2020, electronics manufacturing in India is expected to reach $163.14 billion by 2025, and demand for electronics hardware in India is expected to reach US$ 400 billion by 2024. The shifting of production lines to the APAC region for the low cost of production and the ability to serve the local emerging market is another factor for the growth of the market in the region.

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Electronic Adhesive Market Drivers

Growing Need for Miniaturized Electronic Products

Growing demand for low-cost, reliable, and miniaturized electronic devices from consumers propel the market's growth. The increasing demand for miniaturized products has led to the development of smaller electrical components, which occupy less area. The need for smaller and thinner consumer electronics devices is a new trend among consumers. The surface mount technology helps in using and assembling much smaller components, thus facilitating a smaller, portable, and lightweight electronic device. Pocket calculators, smartwatches & other wearable devices are some of the examples. Such miniature devices will further drive the demand for electronic devices and in return will boost the demand for the Electronic Adhesives Market as they are used in manufacturing these devices.

Introduction of 5G Network

Introduction 5G networks are planned to increase mobile broadband speeds and added capability for 4K/8K video streaming, virtual reality (VR) or augmented reality (AR), Internet of Things (IoT), and mission-critical applications. Introduction of 5G will boost the telecommunication industry, with better coverage, and internet speed, which also create a demand for Electronic Adhesives Market as they are used in manufacturing telecom devices. 5G will transmit data ten times faster than 4G and is set to take hold in 2020. This will spark a revolution in many industries such as electronic, energy, medical, automotive, defense, aerospace and others, which will boost the market's growth. 5G will impact the viewing experience for consumer, with its VR & AR which will further boost the demand for consumer electronic industry, which in return will boost the demand for electronic adhesive market.

Electronic Adhesive Market Challenges

Technological Changes & VOC Emission

The market is facing challenges due to technological changes. Shorter leads can damage temperature-delicate components in several applications and to overcome such obstacles electrical components should be assembled after soldering. However, this hampers productivity due to higher costs of production and time consumed in the manufacturing process. Growing concern over the emission of volatile organic compounds (VOCs) is expected to hamper the market growth over the coming years. During the manufacturing of electronics adhesives, VOC is discharged that may pose health and environmental concerns. VOCs are the major contributors to smog and ozone formation at low atmospheric levels.

Emergence of COVID 19

The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. And the Electronic Adhesives Market was no exceptional, as the global production facilities of the electronics, parts have been reduced due to the logistics slowdown and unavailability of the workers. Furthermore, various e-commerce sites had discontinued the delivery of non-essential items which included electronics devices, which affected the electronic industry.

Electronic Adhesive Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Electronic Adhesives Market. In 2020, the market of electronic adhesives has been consolidated by the top 10 players accounting for xx% of the share. Major players in the Electronic Adhesives Market are BASF SE, Panacol-Elosol GmbH, 3M Co., H.B. Fuller Co., Henkel AG & Co. KGaA, Hitachi, Ltd., Mitsui & Co., Ltd., Bostik, Inc., Chemence Inc., tesa SE, Parker Hannifin Corp., Meridian Adhesives Group, among others.

Acquisitions/Technology Launches

In November 2019, Bostik, Inc., announced it has launched a new range of innovative engineering adhesives Born2Bond™, for bonding applications in automotive, electronics, luxury packaging, and medical devices. With this new launch Bostik will not only expand its product portfolio but also expand it offering to various industries, which will further drive the market's growth.

In September 2020, Meridian Adhesives Group, a leading manufacturer of high-value adhesives technologies has announced that the “Company” would be serving the Electric Vehicles Market and provide its adhesive solution, with this announcement Meridian Adhesives would expand its product offering in automobile industry, which will further derive the market's growth.

Key Market Players:

The Top 5 companies in Electronic Adhesives Market are:

Panacol-Elosol GmbH

H.B. Fuller Company

Henkel AG & Co.KGaA

Parker Hannifin Corp.

#Electronic Adhesives Market Size #Electronic Adhesives Market Trends #Electronic Adhesives Market Growth #Electronic Adhesives Market Forecast #Electronic Adhesives Market Revenue #Electronic Adhesives Market Vendors #Electronic Adhesives Market Share #Electronic Adhesives Market

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industrynewsupdates · 2 days ago

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Smart Transportation Market Insights: Opportunities and Challenges

The global smart transportation market was valued at USD 110.53 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.0% from 2023 to 2030. This growth is primarily driven by several key factors, including advancements in urban infrastructure projects, government initiatives aimed at reducing greenhouse gas emissions, and the increasing demand for advanced technology integration in traffic control systems. Many cities around the world face significant challenges such as a lack of quality public transportation, insufficient capacity to manage increasing transit demand, safety concerns on the roads, poor traffic management, and issues with parking availability. Additionally, pedestrian infrastructure is often inadequate. These challenges create a growing need for smart transportation systems, which can provide solutions to these problems and improve urban mobility. As cities expand and populations grow, the demand for efficient, safe, and sustainable transportation systems is expected to rise sharply in the coming years.

Several trends contribute to the momentum of the smart transportation market. For example, urbanization is a major driver, as more people move to cities, increasing the demand for efficient public transportation systems. The widespread acceptance of Internet of Things (IoT)-based technology and the expansion of 5G connectivity also play a crucial role in making smart transportation infrastructure more feasible and easier to implement. These technologies enable real-time data exchange, improve traffic management, and enhance vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications, all of which help optimize the transportation network.

Moreover, the COVID-19 pandemic temporarily disrupted transportation systems worldwide, with travel restrictions severely affecting the movement of people and goods. This led to a significant decrease in revenues and growth for the transportation sector, as well as a decline in people's disposable income. Public transportation, being highly vulnerable to disease outbreaks, faced particular challenges. As a result, many travel organizations are now focusing on making data-driven decisions to improve service offerings, enhance safety, and rebuild consumer trust. This situation has also heightened the demand for private transportation services, such as ride-sharing and private car services, as people become more cautious about using crowded public

Gather more insights about the market drivers, restrains and growth of the Smart Transportation Market

Regional Insights

North America

In 2022, North America captured over 33% of the global market share for smart transportation solutions. The region stands as the largest adopter of these technologies, primarily due to the increasing efforts of regional governments to improve transportation infrastructure. Factors such as congested highways, poor air quality, and a rise in highway accidents and fatalities are driving the need for advanced transportation systems. The U.S., in particular, is home to many major companies in the ICT sector that provide smart transportation solutions, further strengthening the region's dominance in the market.

In addition to this, other prominent transport infrastructure companies in North America are increasingly collaborating to innovate and expand smart transportation systems. These collaborations often leverage a wide range of technical expertise to create solutions that benefit the entire region. A notable example of such collaboration occurred in November 2022, when Iteris, Inc. entered into a four-year agreement with the North Carolina Department of Transportation (NCDOT) to enhance mobility across the state using Iteris’ ClearGuide system. This system helps to analyze and visualize traffic data in real time, improving traffic flow and safety on the roads.

Europe

Moving to Europe, the region is expected to see substantial growth opportunities in the smart transportation market, driven by rapid technological adoption and growing traffic congestion in major cities. In addition to the increasing use of cars, which results in rising parking challenges, there is also a global shift towards more efficient transportation systems. This shift, coupled with semi-autonomous and autonomous vehicle technologies, is expected to accelerate the development of intelligent transportation solutions in Europe.

For instance, in January 2022, Kapsch TrafficCom AG introduced All-Electronic Tolling (AET) at toll plazas in New Hampshire. AET eliminates the need for traditional toll booths, allowing for free-flowing traffic by using license plate reading cameras, sensors, and in-pavement treadles to automatically charge vehicles without a transponder. This solution not only reduces congestion at toll plazas but also provides faster travel times and greater convenience for drivers.

Browse through Grand View Research's Automotive & Transportation Industry Research Reports.

• The global 4D imaging radar market size was estimated at USD 2.65 billion in 2023 and is expected to grow at a CAGR of 17.6% from 2024 to 2030.

• The global overhead cranes market size was estimated at USD 5.18 billion in 2023 and is projected to grow and at a CAGR of 6.8% from 2024 to 2030.

Key Companies & Market Share Insights

The smart transportation market is highly competitive, with numerous established players dominating the space. These companies cater to various sectors within the market, including automotive, infrastructure, IT, and telecommunications. The presence of these large players presents a significant barrier to entry for new companies. However, the growing demand for differentiated smart transportation solutions and the continuous technological advancements in the field offer opportunities for new entrants to make their mark.

To gain a competitive edge and strengthen their market position, key players in the industry are focusing on strategic partnerships and collaborations. One such example is Iteris, Inc., which announced in October 2022 that it had received approval from the City of Anaheim to implement its cloud-enabled managed services as part of a regional smart mobility, security, and sustainability program. These services are designed to reduce traffic congestion, improve safety, and create a more sustainable transportation infrastructure. By leveraging cloud-based technologies, Iteris helps manage key transportation operations effectively, ensuring a more robust and equitable system for the city.

Key Smart Transportation Companies

Some prominent players in the global smart transportation market include:

• Accenture PLC

• Alstom, SA

• Cisco System, Inc.

• Cubic Corporation

• General Electric Company (GE)

• Indra Sistema S.A.

• International Business Machines Corporation

• Kapsch

• LG CNS Corporation

• Xerox Holdings Corporation

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

#Smart Transportation Market #Smart Transportation Market Analysis #Smart Transportation Market Report #Smart Transportation Market Regional Insights

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researchrealmblog · 15 days ago

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The Rise of Digital Scents: Opportunities in Smart Devices and Wearables

Market Overview

The digital scent technology market recorded revenue of USD 1,094.9 million in 2023, with a projected compound annual growth rate (CAGR) of 10.4% from 2024 to 2030, leading to an anticipated value of USD 2,172.7 million by 2030. Digital scent technology denotes the capability to spot, receive, and send, fragrance-aided digital material, including web pages, audio, and video. The method makes use of hardware components, like e-noses, gas sensors, and fragrance synthesizers, to spot and produce numerous odors.

Human olfaction is based on the molecules of odor emitted from different objects including both those organic and inorganic in their nature. The inhalation of higher-powered substances simply because of the diffusion of odors may be a possibility. Digital scent technology works like that. It involves biosensors that obtain scent profiles and software applications that analyze and display the data. The artificial intelligence identifies these profiles and classifies them into the stored odor library with the help of matched samples.

In the past few developments, scientists have made a technique that utilizes a molecule’s structure alone to give its scent signature. It can differentiate between molecules that have different and also the same odors and molecules that have tremendously similar looks but totally different smells.

Regional Outlook

The E-nose category is the leading category utilized throughout industries like healthcare, food, military, because of its adaptability compared to fragrance synthesizers.

Growth boosters include ongoing technical improvements decreasing costs, healthcare sector expansion, augmented research and development, and new applications in the automotive and entertainment industries.

These reasons together contribute to the industry development of e-nose technology.

In 2023, the smartphone category dominated the industry share because of its extensive popularity.

Increasing acceptance of digital fragrance technology in marketing, medical, and food and beverage industries is propelled by smartphone usage.

E-noses combined with smartphone applications can classify scents, helping consumers in product selection.

Adding digital scent tech into phones has enormous potential to advance user experiences.

It can surge involvement in multimedia such as games or movies by simulating scents.

Modified notifications using pleasant scents can create engaging experiences.

Moreover, scent smartphone applications can cater as accessibility tools for the blind and help health and wellness applications.

The North American region dominates the industry because of the key competitors providing digital scent products, supported by augmented customer acceptance of digital facilities and biosensor usage for initial illness detection.

The U.S. aids from hard indoor air quality guidelines and notable e-nose innovations in medicinal and agriculture industries.

The U.K. is projected to be the fastest-developing in Europe because of improvements in electronic nose items.

The U.A.E. leads the MEA industry for digital fragrances, propelled by their popularity in the commercial industry.

Alpha MOS is a supplier well known all over the world as nobody can do much better in electronic noses and tongues than it does. Alpha MOS started its operation in 1993 and has been growing rapidly since then. Their digital scent technology embodies widespread industry applications such as cosmetics, automotive, and food and beverage, in addition to whose distinctive smell market presence is quickly increasing.

Source: P&S Intelligence

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