#Wave Energy Market Forecast

[latestindustryreports]

Wave Energy Market: Analysis by Technology, Location, Application, and Region

Wave energy is a form of renewable energy that can be harnessed from the motion of ocean waves. It is created by the wind blowing over the surface of the ocean, and is a significant source of energy, with the potential to generate more electricity than the world's current demand.

The wave energy market is still in its early stages of development, but it has the potential to become a major source of renewable energy in the coming decades. Wave energy is a clean and reliable source of energy that can be generated 24/7, regardless of weather conditions. It is also a highly scalable resource, with the potential to meet a significant portion of global energy demand.

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Market Dynamics-

Growing Demand for Renewable Energy: Governments and businesses around the world are increasingly investing in renewable energy sources to reduce their reliance on fossil fuels and combat climate change. Wave energy is a promising renewable energy source with the potential to make a significant contribution to the global energy mix.

Government Support for Wave Energy Development: Governments around the world are providing financial and other support for wave energy development. This support is helping to reduce the cost of wave energy technologies and make them more competitive with other forms of energy generation.

Market Key players

AMOG CONSULTING

AWS Ocean Energy Ltd

Carnegie Clean Energy

Eco Wave Power Ltd.

Limerick Wave Ltd.

NEMOS GmbH

Ocean Power Technologies

OceanEnergy

SINN Power GmbH

WAVE SWELL

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Market Segmentations

By Technology

Oscillating Water Column

Oscillating Body Converters

Overtopping Converters

By Application

Desalination

Power Generation

Environmental Protection

Regional Analysis

North America

Europe

Asia-Pacific

Middle East and Africa

South America

The Asia Pacific region is expected to be the fastest-growing wave energy market in the coming years. This is due to a number of factors, including the region's strong economic growth, its growing demand for energy, and its abundant wave energy resources. The European and North American markets are also expected to grow significantly in the coming years.

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[xyymath]

Math Myths Busted! 🚨 Debunking Common Misconceptions

1. "Trigonometry is pointless in real life."

Want to design a bridge, map the stars, or even create 3D models? Welcome to the world of trigonometry. Engineers use sine and cosine to calculate forces, angles, and stress on structures. Naval navigation? That’s spherical trigonometry. And let’s not forget medical imaging (MRI and CT scans)—trigonometric algorithms are essential for reconstructing images from cross-sectional slices of the body.

2. "Pi is just 3.14."

Pi is irrational, meaning it goes on forever without repeating. It’s used in everything from signal processing to quantum physics. In general relativity, gravitational waves are calculated using Pi to map the curvature of spacetime. Even fractals, the infinitely complex geometric shapes that mirror nature’s patterns, rely on Pi for accurate dimension calculations. Simplifying Pi to 3.14 is like calling a complex painting “just a bunch of colors.” It’s a universe in itself.

3. "Math is for nerds, not for normal people."

Mathematics is fundamental to the universe. The Fibonacci sequence is embedded in everything from flower petals to galaxies. Whether it’s understanding the Golden Ratio in art or applying optimization techniques to improve energy use in smart cities, math is the tool that drives technology, medicine, and economics. Cryptography keeps your bank account safe and ensures secure communication online—it’s all built on abstract algebra and number theory. So, is math for “nerds”? It’s for civilization.

4. "I’ll never be good at math."

Growth mindset matters. The very concept of calculus—which studies the rate of change—starts from understanding infinitesimally small changes. Once you grasp limits, derivatives, and integration, you unlock the power to model everything from population growth to financial markets. Complex equations that once seemed impenetrable are just tools for breaking down the world. Perseverance is the key, not an innate ability. You learn, you grow, you become a mathematical thinker.

5. "Math is boring."

If math’s boring, then understanding gravity and black holes is boring. Einstein’s general theory of relativity wasn’t just an academic concept—it was formulated using highly sophisticated tensor calculus. Fractals, which appear in clouds, mountains, and even coastlines, are beautiful examples of math in nature. When you solve differential equations, you’re predicting everything from weather patterns to market crashes. Math is not static, it’s the language of everything, from the universe’s creation to your daily commute.

6. "I don’t need math in my everyday life."

You calculate interest rates, optimize your workout routine, and even estimate cooking times using math without realizing it. Statistics helps you make informed decisions in the stock market, and probability theory is the reason you can accurately predict outcomes in games, risk-taking, and even weather forecasting. Linear algebra is involved in everything from computational biology to machine learning. And when was the last time you built a website without using algorithms? Exactly.

7. "Calculators do all the work, so why learn math?"

Calculators are tools. Algorithms—the underlying mathematical processes that make your calculator or smartphone function—are the result of years of mathematical study. Machine learning algorithms, the backbone of AI, rely heavily on linear algebra and calculus. Building a calculator that can compute anything from simple arithmetic to complex number operations requires advanced math, often involving abstract algebra and number theory. It’s not the tool; it’s the thinking behind it that counts.

Math is the DNA of the universe.

[newstfionline]

Sunday, June 11, 2023

Energy Drinks Are Surging. So Are Their Caffeine Levels. (NYT) It has been more than 25 years since Red Bull hit the market and introduced caffeinated energy drinks to the United States. While the company claimed its beverage would “give you wings,” it never said it was actually good for people. Yet as the energy drink market continues to grow rapidly, companies both new and old are trying to attract health-conscious customers with a wave of no-sugar, low-calorie drinks that claim to boost energy as well as replenish fluids with electrolytes and other ingredients. This new focus has helped the energy drink market grow, with sales in the United States surging to $19 billion from $12 billion over the past five years. But there are concerns that drinks being pitched as healthy are resulting in children and teenagers consuming caffeine in unhealthy amounts. A 12-ounce can of Prime Energy contains 200 milligrams of caffeine. That’s roughly equivalent to two Red Bulls, two cups of coffee or six cans of Coca-Cola. Some schools in Britain and Australia have already banned the beverages. In the United States, federal regulations say schools cannot sell or provide caffeinated drinks to elementary or middle school students, although many schools do not restrict what students can bring from home. “Not long after drinking them, the students showed up in the health office saying they didn’t feel good and that their hearts were racing,” said [one school nurse].

A Puzzle in Arizona’s Boom Towns: How to Keep Growing With Less Water (NYT) As the mayor of an old farming town bursting with new homes, factories and warehouses, Eric Orsborn spends his days thinking about water. The lifeblood for this growth is billions of gallons of water pumped from the ground, and his city, Buckeye, Ariz., is thirsty for more as builders push deeper into the desert fringes of Phoenix. But last week, Arizona announced it would limit some future home construction in Buckeye and other places because of a shortfall in groundwater. A new state study found groundwater supplies in the Phoenix area were about 4 percent short of what is needed for planned growth over the next 100 years. That may feel like a far-off horizon, but it is enough of a change to force the state to rethink its future in the near and long terms. Now, there are urgent questions about how Arizona should be using its increasingly precious water—for water-guzzling alfalfa and lettuce farms or thirsty new computer chip and battery factories and coffee-creamer manufacturing? For new sprawl or more development inside cities? Could the Phoenix suburbs keep up their frenzied pace of growth? Should they?

Four Colombian children found alive in jungle weeks after plane crash (Reuters) Four children from an Indigenous community in Colombia were found alive in the country’s south on Friday more than five weeks after the plane they were traveling in crashed in thick jungle, Colombia’s President Gustavo Petro said. The plane—a Cessna 206—was carrying seven people on a route between Araracuara, in Amazonas province, and San Jose del Guaviare, a city in Guaviare province, when it issued a mayday alert due to engine failure in the early hours of May 1. Three adults, including the pilot and the children’s mother Magdalena Mucutuy, died as a result of the crash and their bodies were found inside the plane. The four siblings, aged 13, 9, 4, as well as a now 12-month-old baby, survived the impact. Narcizo Mucutuy, the grandfather of the three girls and one boy, told reporters he was delighted at the news of their rescue.

Argentina inflation seen hitting 149% this year, up from previous poll (Reuters) Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous poll, according to the monthly survey released on Friday. For May, the analysts polled expect prices to have risen 9% in the month. Argentina’s economy, strained by a historic drought that has worsened an ongoing currency crisis, is expected to shrink 3% in 2023 from 2022. Analysts see the weakened Argentine peso, currently officially valued at 245 pesos per dollar, ending this year at 408.68 pesos per dollar and 2024 at 917.54 pesos per dollar. Rising prices and tumbling foreign reserves pose a challenge for Argentina’s left-leaning government ahead of general elections in October.

Boris Johnson quits as UK lawmaker after being told he will be sanctioned for misleading Parliament (AP) Former U.K. Prime Minister Boris Johnson shocked Britain on Friday by quitting as a lawmaker after being told he will be sanctioned for misleading Parliament. Johnson resigned after receiving the results of an investigation by lawmakers into misleading statements he made to Parliament about “partygate,” a series of rule-breaking government parties during the COVID-19 pandemic. By quitting, he avoids a suspension that could have seen him ousted from his Commons seat by his constituents, leaving him free to run for Parliament again in the future.

Russia to deploy nuclear weapons to Belarus in July. (1440) Russian President Vladimir Putin made the announcement in a televised meeting with the Belarusian leader Friday. Belarus, a close ally of Russia, neighbors Ukraine to the north and shares an almost-700-mile border. Russian forces have used Belarus as a staging ground since the beginning of the war.

UN aid chief says Ukraine faces ‘hugely worse’ humanitarian situation after the dam rupture (AP) The humanitarian situation in Ukraine is “hugely worse” than before the Kakhovka dam collapsed, the U.N.’s top aid official warned Friday. Undersecretary-General Martin Griffiths said an “extraordinary” 700,000 people are in need of drinking water and warned that the ravages of flooding in one of the world’s most important breadbaskets will almost inevitably lead to lower grain exports, higher food prices around the world, and less to eat for millions in need. “This is a viral problem,” he said in an interview with The Associated Press. “But the truth is this is only the beginning of seeing the consequences of this act.”

As Ukraine Launches Counteroffensive, Definitions of ‘Success’ Vary (NYT) After months of anticipation, Ukraine’s forces—newly trained on complex warfare tactics and armed with billions of dollars in sophisticated Western weaponry—launched operations on multiple fronts in the past week in an effort to dislodge entrenched Russian military units, a counteroffensive that many officials in the United States and Europe say could be a turning point in the 15-month war. What remains unclear, though, is exactly what the United States, Europe and Ukraine view as a “successful” counteroffensive. Publicly, American and European officials are leaving any definition of success to President Volodymyr Zelensky of Ukraine. Privately, U.S. and European officials concede that pushing all of Russia’s forces out of occupied Ukrainian land is highly unlikely. Throughout the war, the Ukrainian army, with deeply motivated troops, creative military operations and advanced Western weaponry, has outperformed Russia’s military. But the Ukrainians have also found it difficult to dislodge the Russians from their entrenched defensive positions in the last few months, with the front lines barely moving.

A Rising India Is Also, in One Remote Pocket, a Blood-Soaked War Zone (NYT) People burned out of their homes by the hundreds. Villages, even refugee camps, raked with gunfire. Men, women and children beaten and set ablaze by angry mobs. India, the world’s most populous country and home to the fastest-growing major economy, is now also the site of a war zone, as weeks of ethnic violence in the remote northeastern state of Manipur has claimed about 100 lives. Militarized buffer zones now crisscross the state, patrolled by local women—who are seen as less hotheaded than men—and the thousands of troops who have been sent to quell the fighting, drawing down forces in other parts of India, including the border with China. More than 35,000 people have become refugees, with many living in makeshift camps. Internet service has been cut—an increasingly common tactic by the Indian government—and travel restrictions have made it difficult for the outside world to see in. The development has been jarring for a nation whose 1.4 billion people usually manage to get along despite belonging to thousands of sometimes rivalrous ethnic groups. And it presents an unwelcome image of instability for a national government focused on portraying India as a rising global power. “It is a nightmare,” said Mairembam Ratan, a small-town career counselor who escaped his home with help from the army. “It’s a civil war.”

The Pentagon Is Freaking Out About a Potential War With China (Politico) The war began in the early morning hours with a massive bombardment—China’s version of “shock and awe.” Chinese planes and rockets swiftly destroyed most of Taiwan’s navy and air force as the People’s Liberation army and navy mounted a massive amphibious assault across the 100-mile Taiwan Strait. Having taken seriously President Joe Biden’s pledge to defend the island, Beijing also struck pre-emptively at U.S. and allied air bases and ships in the Indo-Pacific. The U.S. managed to even the odds for a time by deploying more sophisticated submarines as well as B-21 and B-2 stealth bombers to get inside China’s air defense zones, but Washington ran out of key munitions in a matter of days and saw its network access severed. The United States and its main ally, Japan, lost thousands of service members, dozens of ships, and hundreds of aircraft. Taiwan���s economy was devastated. And as a protracted siege ensued, the U.S. was much slower to rebuild, taking years to replace ships as it reckoned with how shriveled its industrial base had become compared to China’s. The Chinese “just ran rings around us,” said former Joint Chiefs Vice Chair Gen. John Hyten in one after-action report. “They knew exactly what we were going to do before we did it.”      Dozens of versions of the above war-game scenario have been enacted over the last few years, most recently in April by the House Select Committee on competition with China. And while the ultimate outcome in these exercises is not always clear—the U.S. does better in some than others—the cost is. In every exercise the U.S. uses up all its long-range air-to-surface missiles in a few days, with a substantial portion of its planes destroyed on the ground. In every exercise the U.S. is not engaged in an abstract push-button war from 30,000 feet up like the ones Americans have come to expect since the end of the Cold War, but a horrifically bloody one. And that’s assuming the U.S.-China war doesn’t go nuclear.

Saudi crown prince threatened ‘major’ economic pain on U.S. amid oil feud (Washington Post) Last fall, President Biden vowed to impose “consequences” on Saudi Arabia for its decision to slash oil production amid high energy prices and fast-approaching elections in the United States. In public, the Saudi government defended its actions politely via diplomatic statements. But in private, Crown Prince Mohammed bin Salman threatened to fundamentally alter the decades-old U.S.-Saudi relationship and impose significant economic costs on the United States if it retaliated against the oil cuts, according to a classified document obtained by The Washington Post. The crown prince claimed “he will not deal with the U.S. administration anymore,” the document says, promising “major economic consequences for Washington.” It is unclear whether the crown prince’s threat was conveyed directly to U.S. officials or intercepted through electronic eavesdropping, but his dramatic outburst reveals the tension at the heart of a relationship long premised on oil-for-security but rapidly evolving as China takes a growing interest in the Middle East and the United States assesses its own interests as the world’s largest oil producer.

From restaurants to water towers, unrest dents Senegal’s economy (Reuters) A KFC restaurant ransacked. Public transport torched. Glass-paneled stations for a multi-million dollar electric bus link shattered. A water plant vandalised. Senegal is taking stock of the damage after the jail sentencing of prominent opposition figure Ousmane Sonko sparked the worst civil unrest in decades that threatens to dent progress in one of Africa’s fastest-growing economies. Sixteen people died and hundreds were injured. Rioters attacked banks, supermarkets and petrol stations. Small businesses were also hitAn attack on a state-owned water plant could create shortages in Dakar, where it hasn’t rained for eight months and where water cuts are common, an official said. Aside from the damage, a day of protests can slow economic output by the equivalent of up to around $33 million per day, the government estimates. Citizens rapidly feel the pinch in a country where over 95% of the work is informal.

[starseedfxofficial]

The Hidden Edge in Intraday Trading: Cracking the Volatility Index Code Ever felt like trading intraday is a high-stakes juggling act? One minute, you’re soaring, and the next, your trades are diving faster than a penguin chasing fish. Welcome to the world of volatility. But fear not, because today, we’re going beyond the surface to uncover ninja tactics for mastering the volatility index (VIX) in intraday trading. What Is the Volatility Index? (And Why Should You Care?) Dubbed the “fear gauge,” the VIX measures market expectations of near-term volatility. While most traders use it as a weather forecast for overall market conditions, savvy intraday traders know it can do much more. It’s like having a treasure map that tells you where the market's emotional hotspots are hiding. Now, let’s inject some humor here: trading without understanding the VIX is like trying to cook a gourmet meal without tasting it. Sure, you might get something edible, but is it the masterpiece you’re aiming for? The Secret Sauce: How to Use the VIX for Intraday Trading 1. Decode Market Mood Swings Imagine you’re at a party. The VIX is the guest who’s either hyped on caffeine or snoozing in the corner. High VIX? The market is on edge—perfect for quick scalps. Low VIX? Things are mellow, so look for steady trends. Pro Tip: Pair the VIX with key indices like the S&P 500. A rising VIX alongside a declining S&P? That’s your cue to prepare for increased volatility. 2. Find Precision Entry Points Here’s where the magic happens: high VIX levels often correlate with sharp reversals. Watch for candlestick patterns around support and resistance zones during volatile spikes. A quick retracement after a large movement is your chance to strike. Example: If the VIX spikes to 30+, it’s a red flag for risk. However, intraday pullbacks on high-VIX days often offer tighter entry points. For instance, using Fibonacci retracement levels can help refine your timing. Myths Debunked: What Traders Get Wrong About the VIX Myth 1: A High VIX Is Always Bad Reality check: A high VIX isn’t your enemy. It’s an opportunity, like a clearance sale where the best deals require some digging. Traders who embrace high volatility can tap into outsized intraday gains. Myth 2: The VIX Only Matters for Long-Term Traders Actually, the VIX is an intraday trader’s dream tool. Tracking its movement every 15 minutes can reveal hidden market sentiment shifts that daily charts can’t. Myth 3: Low VIX Means No Action Low VIX doesn’t mean boring markets; it means strategic opportunities. Think slow and steady—you’re the turtle, not the hare, capitalizing on precision setups. Advanced Tactics: Ninja Moves for Intraday Traders 1. Combine VIX with Other Indicators The MACD, RSI, and Bollinger Bands are your tag-team partners. For example: - RSI + VIX: An overbought RSI with a rising VIX? Prepare for a potential reversal. - Bollinger Bands + VIX: Extreme band breaches during high VIX conditions often signal sharp retracements. 2. Time Your Trades with Market Open and Close The VIX tends to spike at market open and settle as the day progresses. This is prime time for scalping. Use tight stop-losses and ride the wave of early volatility. Pro Tip: Avoid overtrading during the midday lull when the VIX typically calms down. Save your energy for the closing bell rally. Case Study: Turning a Volatile Day into Profit Let’s say the VIX is hovering around 28, signaling a volatile session. You spot: - A sharp S&P 500 dip. - RSI in oversold territory. - A bullish hammer candlestick at support. You enter a long position with a tight stop-loss, aiming for a quick 1:2 risk-to-reward ratio. The trade closes profitably within an hour as the market rebounds. Conclusion: The Power of the VIX in Intraday Trading Mastering the VIX is like learning to read the room at a party. Understand its mood, and you’ll know when to dive in or step back. With the right strategies, tools, and mindset, you can turn volatility into your greatest ally. Remember, trading is as much an art as it is a science. So embrace the ups and downs—and maybe laugh along the way when the market throws you a curveball. After all, even a failed trade can be a learning experience (or a great story for your trading buddies). —————– Image Credits: Cover image at the top is AI-generated Read the full article

[basheeransari]

Unlocking the Future of Industry: How the Internet of Things is Revolutionizing Business Operations and Driving Innovation

In the current fast-changing business environment in which businesses are constantly evolving, the Internet of Things (IoT) has become a game changer for businesses that want to remain ahead of the trend. With the capability to connect systems and devices, IoT provides real-time data to help make smarter decisions, improve operational efficiency and create new business opportunities. For industrialists, entrepreneurs, and business management teams, adopting IoT has become more than an option; instead, it is an imperative strategy to stay competitive. This article focuses on the revolutionary potential of IoT and the ways it is changing the face of industries. It also provides practical suggestions on how businesses can tap their full potential for long-term success.

The Internet of Things (IoT) is changing industries by improving productivity, optimizing operations, and driving innovations. This article explains how IoT can help entrepreneurs, industrialists, and business management teams make better choices, reduce costs, and improve processes. With real-time information and connected devices, IoT opens up new possibilities for businesses to remain ahead of the competition and prosper in a constantly changing market.

Transforming Enterprises: The Strategic Impact of IoT on Business Success

The Internet of Things (IoT) has become a disruptive technology that connects devices, systems, and individuals in ways previously thought impossible. IoT transforms industries by enhancing efficiency and answering by enabling real-time communication transfer between different devices. In everything from industrial automation to smart houses, IoT can be the catalyst for a new wave of innovation that will change how we live in the near future.

IoT is more than a technology innovation. It is a game changer with wide-ranging implications:

Streamlined operations: IoT automates processes, eliminates manual interventions, and can save businesses substantial costs and time.

Strategic Decision Making: Real-time data analytics enable businesses to make data-driven decisions, utilizing unobvious opportunities and effectively managing resources.

Improved Customer Engagement: IoT allows businesses to provide customized experiences that increase loyalty and generate growth through customized solutions.

Applications of IoT Across Industries

The IoT's flexibility lets it transform operations across a variety of industries, enabling innovations and creating value:

Manufacturing: IoT-powered factories employ sensors for monitoring equipment. They forecast maintenance requirements and improve production lines, which reduces downtime and expenses.

Healthcare-connected medical devices provide remote monitoring of patients, prompt diagnosis, and enhanced healthcare delivery.

Retail IoT improves inventory management, allows personalized shopping experiences, and increases supply chain visibility.

Transportation Smart logistics solutions track the shipments in real-time, optimize routes, and cut down on fuel consumption.

Smart homes: IoT devices like smart speakers, lighting systems, bright lights, and security cameras can provide efficiency, energy savings, and peace of mind.

IoT Strategy and Consulting

We assist businesses to navigate their way through the IoT landscape with a sense of purpose and clarity. Our services help you identify opportunities and create strategic plans that align with IoT capacities and the company's vision.

Custom IoT Solutions

Every business is different, and so are the problems. We create and build customized IoT ecosystems that connect devices, collect information, and generate results relevant to your business's needs.

IoT Device Integration

Connectivity is the foundation of IoT. Our experience in integrating sensors, devices and platforms allows for real-time monitoring, increased efficiency, and unification of operations.

Data Analytics and Insights

The data generated by IoT is only valid when converted into actionable insights. Advanced analytics assist businesses in making more intelligent decisions, discovering trends, and forecasting the future.

IoT Cloud Services

Our cloud-based solutions offer security for data, high-performance computing and easy access, allowing companies to maximize the benefits of their IoT capabilities while maintaining security and flexibility.

IoT Security and Compliance

The security of Your IoT system is our highest priority. We employ robust security measures and ensure they align with industry standards to protect your business operations and sensitive information.

End-to-End IoT Process

Our method of operation is structured to ensure the IoT implementation is smooth and effective:

Knowing Your Business Needs: Our experts review your goals for business and the challenges you face.

Building the architecture: We design IoT solutions compatible with your system.

Integration and Development Sensors, devices, and software are integrated.

Data Analysis and Collection Data collected and analyzed in real-time helps make better choices.

Solutions for deployment and scaling are designed and deployed to support growth.

Support for Monitoring and Maintenance: Continuously makes your IoT systems run smoothly.

The Future of IoT

The next phase of IoT is looking bright thanks to advances in AI edge computing and 5G connectivity, which pave the way for exciting possibilities. New trends are emerging that include:

Edge Computing Processing data nearer to the source decreases the time to process and increases efficiency.

AI Integration AI Integration IoT devices will provide more intelligent automation and predictive capabilities.

Environmental sustainability: IoT will play a vital role in the management of energy, such as waste reduction, energy management, and monitoring of environmental impact.

The Internet of Things is transforming how businesses run their operations, providing unbeatable opportunities for growth and innovation. IoT enables more innovative decision-making, efficient operations, and improved customer engagement by connecting devices, systems, and even individuals.

For managers, business leaders, teams, and business owners, IoT is not just an instrument but an asset of strategic importance. Suppose you invest in IoT consulting, customized solutions, and strong security. In that case, you can tap into endless possibilities and establish your company as a leader in the digital age. Begin your IoT journey today and help pave the way to a connected future.

[delightfullyatomiccollector-blog]

Piezoelectric Devices Market by Product (Sensors, Actuators, Motors, Generators, Transducers, Transformers, and Resonator), Material (Polymer, Crystal, Ceramic, and Composites), Element (Discs, Rings and Plates) - Global Forecast to 2030

The piezoelectric devices market size is projected to grow from USD 35.59 billion in 2024 to USD 55.49 billion by 2030 at a CAGR of 7.7% during the estimated period 2024-2030. Energy harvesting has been a primary driver of the demand for piezoelectric devices, which can harness mechanical energy from different sources to generate electrical power.

Piezoelectric transducers can harvest energy from natural phenomena such as ocean waves and rainfall in environmental energy sources. Devices designed to capture energy in ocean wave movements have illustrated the possibility of producing electric power on a significant level and, therefore, seem appropriate for renewable energy technology.

[kadambarimmr123]

Because the shoreline design is on-land, the turbine, the primary moving component, can be readily removed for maintenance or repair. The segment is anticipated to support the segment's growth during the projection period.

[rupalic]

Pea Protein Industry Trends: USD 3.7 Billion Forecast by 2029

The pea protein industry is experiencing significant growth in recent years, driven by various factors such as increasing consumer demand for plant-based protein sources, rising awareness regarding the health benefits of pea protein, and growing preference for vegan and vegetarian diets. The pea protein market size is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029. Pea protein is derived from yellow peas and is known for its high protein content, as well as being gluten-free and hypoallergenic, making it suitable for a wide range of dietary needs.

What’s Driving the Pea Protein Boom in Europe? A Closer Look at Key Trends

The burgeoning wave of the Europe pea protein market is driven by the continent’s food & beverage industries embracing the multifunctional applications of this plant-based compound. Active participation in global trade amplifies the accessibility of pea protein, facilitating its flow across borders and supporting industries with diverse applications.

European countries play crucial roles in global trade, both as importers of raw materials and exporters of finished products. The demand for pea protein in Europe affects international trade dynamics, influencing production, pricing, and supply chains worldwide.

Know about the assumptions considered for the study

Additionally, Europe’s emphasis on environmental awareness and sustainability initiatives has put the region at the forefront. The increasing awareness of environmental sustainability prompts consumers to seek alternative protein sources with lower environmental footprints.

 Pea protein production requires fewer natural resources and emits fewer greenhouse gases compared to animal-based proteins, aligning with the preferences of eco-conscious consumers.

Pea Protein’s Global Impact: The Nutritional Benefits Fueling Consumer Demand

The global popularity of plant-based foods surged in 2020, driven by a wave of innovative products like bakery items, plant-based lattes, and vegan burgers. Even McDonald’s joined the trend with their McPlant menu. This surge coincided with the COVID-19 pandemic lockdowns, which led many to prioritize health and wellbeing. As reported by New Food Magazine, plant-based food sales skyrocketed by 243%, with a significant 14% increase in consumer preference for meat-free and dairy-free options.

Pea protein powder has emerged as a key player in this trend. Its ability to boost protein content in shakes, smoothies, and energy drinks makes it highly versatile. Being naturally vegan and hypoallergenic, pea protein caters to a wide range of dietary needs. Rich in iron and high-quality protein, pea protein is linked to several health benefits, including promoting muscle growth, aiding in weight loss, and supporting heart health. Studies suggest that pea protein, particularly from yellow peas, can even help lower cholesterol and blood pressure without straining the kidneys. These promising health benefits are expected to further propel the growth of the global pea protein market.

 How Pea Protein is Revolutionizing Plant-Based Nutrition?

Complete Protein Source: Pea protein contains all nine essential amino acids, making it a complete protein source. This is significant for plant-based diets, as it provides a comparable amino acid profile to animal-derived proteins, supporting muscle growth, repair, and overall health.

Sustainability: Pea protein is considered more sustainable than animal-derived proteins, as peas require fewer natural resources like water and land to cultivate compared to livestock farming. Its cultivation also has a lower environmental impact in terms of greenhouse gas emissions and land use, contributing to sustainable food production practices.

Versatility: Pea protein is highly versatile and can be incorporated into a wide range of food and beverage products, including plant-based meats, dairy alternatives, protein bars, snacks, and beverages. Its neutral flavor profile and functional properties make it adaptable for various culinary applications without compromising taste or texture.

Allergen-Friendly: Pea protein is hypoallergenic and gluten-free, making it suitable for individuals with common food allergies or intolerances. This expands the accessibility of plant-based protein options to a broader consumer base, including those with dietary restrictions.

Health Benefits: Pea protein offers numerous health benefits, including support for muscle growth and recovery, weight management, and cardiovascular health. It is low in fat, cholesterol-free, and contains bioactive compounds such as antioxidants and phytonutrients that contribute to overall well-being.

Pea Protein Industry Trends:

Rising Demand for Plant-Based Protein: With the growing awareness of the environmental impact of animal agriculture and concerns about animal welfare, many consumers are shifting towards plant-based diets. Pea protein offers a sustainable alternative to animal-derived proteins.

Health and Wellness Trends: Pea protein is perceived as a healthy and nutritious protein source. It is low in fat, cholesterol-free, and contains essential amino acids. As health-conscious consumers seek out products with clean labels and natural ingredients, pea protein fits the bill.

Expansion of Product Offerings: Food and beverage manufacturers are incorporating pea protein into a wide range of products, including plant-based meat alternatives, dairy alternatives, sports nutrition products, and snacks. This diversification of applications is driving the demand for pea protein.

Technological Advancements: Advances in food processing technologies have improved the taste, texture, and functionality of pea protein, making it more appealing to consumers and suitable for a broader range of food applications.

Pea Protein Industry Leaders: A Look at the Key Manufacturers

Roquette Frères (France): Leading the Way in Sustainable and Nutritious Plant-Based Ingredients

Roquette Frères is one of the industry leaders in manufacturing plant-based ingredients and proteins. It caters to biopharma, pharma and nutraceuticals, cosmetics, food and nutrition, animal nutrition, and industrial markets. Its product offerings include pea proteins and pea starch. The company offers pea protein under the Nutralys brand, which has binding, thickening, gelling, and texturizing properties.

Make an Inquiry to Address your Specific Business Needs

The company operates through 25 industrial sites offering its products in more than 100 countries across the Asia Pacific, Europe, North America, and South America. Roquette America Inc. (US), Roquette Co. Ltd. (China), Roquette Ltd. (UK), Roquette Korea Ltd. (Korea), and Roquette CH SA (Switzerland) are some of the subsidiaries of the company.

ADM (US) Global Impact: Connecting Alternative Protein Solutions Across 190 Countries

The Archer-Daniels-Midland Company (ADM) is a leading American multinational with 75 years of experience in alternative proteins and flavors. Known for its expertise in human and animal nutrition, ADM excels in food and beverage, health, supplements, and animal nutrition. The company operates through four main product segments: Agricultural Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Businesses.

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Polar Blast Forecast for Atlanta, Save Energy & Stay Warm

New Post has been published on https://www.georgiagassavings.com/blog/polar-blast-forecast-for-atlanta-save-energy-stay-warm/

Polar Blast Forecast for Atlanta, Save Energy & Stay Warm

Are You Ready for Looming Polar Blast?

A chilly blast of polar air is visiting the Atlanta metro area this week. Our winter tips can help you cut your natural gas usage and keep your home warm.

According to weather forecasts, the polar vortex is sending an icy blast like a tidal wave through the country. This will quickly drop temperatures several degrees below average in some areas. In Atlanta, although we won’t see dips quite that intense, it will be colder than normal. With dropping temperatures comes rising energy bills. Want to keep your use of natural gas in Georgia under control? We have you covered! As the polar blast heads for Atlanta, save energy and stay warm with our expert tips.

Saving Energy During Polar Blast

The first polar blast of winter 2025 will send temperatures in Atlanta into a 10-20 degree nosedive. Though this dip should not last too long, there could be more to come. So, here are a few things you can do to cut your natural gas bill.

Lower your thermostat setting by 8-10 degrees when you are working or overnight. This can save 10% on heating.  

Find and fill air leaks. Common places to check are exterior doors, windows, around pipes that go through exterior walls, and outlets on exterior walls. When it’s cold, it’s easier to find these leaks. You can also improve your search with an affordable infrared laser thermometer.

Add insulation to attics and crawlspaces. If your insulation hasn’t seen an upgrade in over a decade, you could probably use more. This could save you up to 15% on heating costs.

Stay Warm and Safe During Polar Blast

More important than saving money is staying warm and safe in extreme weather conditions. In Atlanta, we’re not used to long bouts of low temperatures. So, tips to stay warm and safe are even more important to keep in mind and share.

Dress in loose layers. Loose clothing is better at keeping you insulated than tight clothing.

Avoid travel and outdoor activities during extreme conditions.

Invest in CO and smoke detectors. The furnace is a common source of CO leaks; stay safe with CO detector nearby. Space heaters are a common fire hazard; make sure you have smoke detectors throughout your home.

Never use the oven, stove, or grills to stay warm your home. And never use a generator inside your home or in an enclosed area.

If you are over 45, avoid strenuous activities outdoors. The cold causes extra strain on your cardiovascular system and leaves you more vulnerable to heart attacks or injury.

Check in on older family and neighbors, especially those with health problems.

Protect Your Gas Bill But Stay Warm

As always, one of the best things you can do to keep energy costs low is getting a cheap natural gas rate. Comparing fixed natural gas plans to find the best rate can help you start saving right away. Cold snaps like what we are expecting shortly can destabilize the gas market and bring prices up. So, today could be a good time to swoop in and snag a plan after a mild start to winter last month. To get started, visit us now at https://www.georgiagassavings.com.  

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Thermal Imaging Market Report by Worldwide Market Trends & Opportunities and Forecast to 2035

The latest report published by Roots Analysis, titled Thermal Imaging Market offers a detailed study of the industry size, growth scenarios, and fundamental parameters of the market analysis. In this research report, the author provided an in-depth analysis of market dynamics, including key drivers, restraints, opportunities, and major threats that may impact growth during the upcoming years. Our market analysis report provides a brief discussion on leading market players, the competition landscape, regional dominance, supply-demand ratio, business strategies, and future investment opportunities in the overall industry. This report provides a complete prototype of the estimated growth rate, market value, product types, applications, and type of end users active in this industry.

Global Thermal Imaging Market Size Overview

The global Thermal Imaging market is witnessing an upward trajectory owing to the growing demand for Thermal Imaging products. In this market study report, authors have covered a comprehensive analysis on current market size and future growth during the projected period. The latest insightful information on market size and future growth opportunities serves as a valuable document to make business decisions promptly.

Global Thermal Imaging Market Dynamics Insight

In this exclusive report on the global Thermal Imaging market, our researcher offers an illustrative study on major market dynamics including competitive landscape, industry outlook, skeptical study on major threats and growth opportunities. 

Competitive Landscape of Thermal Imaging Market:

Our latest market research report on the Thermal Imaging market offers an exclusive analysis of the competitive landscape, key players, and company profiles. In order to leverage a competitive edge, the active players in this industry have taken strategic initiatives such as mergers & acquisitions, business deals, collaborations, technological advancements, joint ventures, and the latest product launches.

Key Companies Profiled in the Report are

Thermal Imaging Market Till 2035: Distribution by Type of Technology (Cooled, Uncooled), by Type of Product (Fixed/Mounted Thermal Camera, Handheld, Thermal Module, Thermal Scopes), by Type of Wavelength (Longwave Infrared (LWIR), Mid-wave Infrared (MWIR), Shortwave Infrared (SWIR)), by Type of Vertical (Aerospace and Defense, Automotive, Energy & Utilities, Healthcare, Law Enforcement, Life Sciences, Residential), by Type of Offering (Hardware, Services, and Software), by Type of Resolution (160 X 120, 320 X 240, 640 X 480, and Others).

Global Thermal Imaging Market Statistical Analysis

The report also covers a detailed discussion of various market segments and competitive scenarios, such as policy implementation and regulatory standards across the industry. Our robust team of research analysts utilized standardized analytical tools such as SWOT analysis and Porter's Five Forces analysis to provide a brief overview of the fundamental growth trends and projected growth rate during the forecast period.

Key Geographical Region Segmentation:

Our report provides comprehensive details on the regional dynamics, growth scenarios, and future trends that will drive the market during the projected period. The key regional segments that have been highlighted in the market report are mentioned below.

North America

Latin America

Europe

Middle East & Africa

Asia Pacific

Rest of the World

To know more about the report, visit https://www.rootsanalysis.com/thermal-imaging-market

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Basalt Fiber Market: Revolutionizing Industries with Sustainability and High Performance

Basalt fiber might not yet be a household name, but it’s quickly earning its place as a material that’s rewriting the rules in several industries. What makes basalt fiber stand out is its ability to combine sustainability with high performance—two qualities that industries today are desperate to balance.

Sourced from volcanic rock, basalt fibers are incredibly strong, lightweight, and resistant to extreme conditions. Unlike some conventional materials, their production doesn’t require harmful chemicals, making them an eco-friendly alternative. For industries like construction, automotive, wind energy, electronics, and marine, basalt fiber isn’t just an option—it’s a necessity for staying relevant in a world demanding greener and better-performing materials.

The global basalt fiber market is poised for significant growth, with an expected valuation of USD 279 million in 2023, and a projected Compound Annual Growth Rate (CAGR) of

12.5% throughout the forecasted period, aiming to reach USD 503 million by 2028. 

The Unique Strength of Basalt Fiber

The appeal of basalt fiber goes beyond its novelty. It is naturally robust, boasting high tensile strength and resistance to corrosion. Imagine a material that can endure the harshest environments—extreme heat, chemicals, or even saltwater—without breaking down. That’s basalt fiber.

But what really excites engineers and designers is its versatility. It’s lightweight yet tough, cost-effective yet high-performing, and, perhaps most importantly in today’s climate-conscious world, recyclable and non-toxic.

Unlike carbon fiber, which can be expensive, or fiberglass, which may fall short in eco-credentials, basalt fiber is the perfect middle ground. Its production process—melting volcanic rock at high temperatures and pulling it into fibers—requires no additives, which keeps it clean and simple.

Applications Driving Basalt Fiber Demand

1. Building Stronger, Greener Infrastructure

In construction, basalt fiber is making waves as a revolutionary reinforcement material. For decades, we’ve relied on steel, but in environments prone to moisture or chemicals, steel corrodes, leading to costly repairs and maintenance. Basalt fibers offer a solution with corrosion resistance and durability that outlasts traditional materials.

Think of bridges, seawalls, or even underground tunnels—structures where durability is critical. Basalt fiber-reinforced concrete doesn’t just last longer; it’s also lighter, which reduces transportation costs and simplifies installation.

2. Transforming Automotive and Transportation

The automotive world is laser-focused on cutting weight to improve fuel efficiency and meet stringent emission norms. Basalt fiber fits perfectly into this equation. From car body panels to interior components, its strength-to-weight ratio is hard to ignore.

It’s also popping up in trucks, trains, and even shipping containers. A lighter vehicle isn’t just more fuel-efficient—it also reduces wear and tear on roads, making basalt fiber a win-win for the entire transportation ecosystem.

3. Boosting Wind Energy Efficiency

The renewable energy industry is turning to basalt fiber for its ability to handle stress and environmental extremes. Wind turbine blades, in particular, face constant mechanical and environmental challenges. Basalt fibers provide the strength, flexibility, and weather resistance needed to enhance blade performance and longevity.

For a sector trying to reduce costs while improving energy output, basalt fiber-based composites are becoming the go-to material.

4. Enhancing Electrical and Electronic Safety

Basalt fiber’s non-conductive properties make it a natural fit for the electrical and electronics industry. It’s used in circuit boards, insulation, and protective casings. With the growing emphasis on energy-efficient appliances and safer electronics, basalt fiber ensures products meet performance and safety standards.

5. Sailing Ahead in the Marine Industry

Saltwater is unforgiving, especially for traditional materials like steel or fiberglass. Basalt fiber’s resistance to saltwater and chemicals makes it ideal for marine applications like boat hulls, underwater pipelines, and fishing rods.

It’s lightweight, meaning ships and boats consume less fuel, contributing to greener maritime operations. For an industry battling both environmental and cost pressures, basalt fiber is a breath of fresh air.

Why Basalt Fiber is the Future

Sustainability Leads the Way

The days of choosing materials purely for performance are over. Sustainability is no longer optional. Basalt fiber’s eco-friendly production process—requiring no harmful additives—makes it a leader in sustainable materials.

Infrastructure Investments

With nations modernizing old infrastructure and building new projects, there’s a growing need for corrosion-resistant, durable materials. Basalt fiber fits the bill perfectly, ensuring longevity in everything from highways to high-rises.

Growing Demand in Emerging Markets

Emerging economies in regions like Asia-Pacific and the Middle East are adopting basalt fibers rapidly, thanks to their cost-effectiveness and versatility. These regions are investing heavily in infrastructure, automotive production, and renewable energy, making them hotbeds for basalt fiber adoption.

To know more download PDF Brochure : 

Basalt fiber isn’t just a trend—it’s a material that aligns perfectly with the needs of modern industries. Whether it’s reducing carbon footprints, improving performance, or cutting costs, basalt fiber is proving its worth across sectors.

For experts in construction, automotive, wind energy, electronics, or marine industries, basalt fiber is no longer something to keep an eye on—it’s something to embrace. It’s not just the material of the future; it’s the material of today.

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The Hidden Connection Between PPI and Risk Parity: Forex Trading’s Best-Kept Secret When it comes to the Producer Price Index (PPI) and risk parity, many traders think they’re venturing into esoteric territory—but here’s the kicker: understanding the PPI can make or break your risk parity strategies. Don’t believe me? Let’s dig into why this underappreciated economic indicator deserves your attention and how it ties into the art of balanced portfolio trading. Why the Producer Price Index Matters The PPI measures the average change in selling prices received by domestic producers over time. Think of it as the inflation thermometer for businesses. When the PPI rises, businesses are often paying more for raw materials, which can lead to higher consumer prices. In Forex trading, this economic metric offers early signals of inflationary pressures—a key driver of currency valuations. Real-World Example: Imagine the PPI for the U.S. surges unexpectedly. Traders interpret this as a precursor to potential Federal Reserve rate hikes, which could strengthen the dollar. By staying ahead of the curve, you can ride the trend like a pro surfer catching the perfect wave. How Risk Parity Enhances Your Trading Arsenal Risk parity isn’t just a fancy term that hedge fund managers throw around; it’s a disciplined approach to balancing risk across asset classes. The goal? Equalize the risk contribution from each asset in your portfolio. Think of it as a dinner party where everyone contributes equally to the conversation—no asset class hogging the spotlight. The PPI-Risk Parity Nexus: When PPI data signals shifts in inflation, assets like bonds, equities, and Forex pairs react differently. A risk parity framework ensures you’re not overexposed to assets that could tank due to inflationary shocks. The Secret Sauce: Using PPI for Risk Parity Strategies Here’s the juicy part: Most traders ignore the PPI, focusing solely on headline inflation metrics like CPI. That’s like skipping the trailer and expecting to understand the movie. PPI often predicts CPI trends, giving you a head start on market movements. Step-by-Step Guide to Incorporating PPI into Risk Parity: - Track Historical PPI Trends: Analyze how major currency pairs react to past PPI releases. Tools like TradingView or MT5 can be invaluable here. - Correlate PPI Data with Asset Classes: Identify correlations between PPI and asset classes in your portfolio. For instance, higher PPI often pressures bonds but strengthens certain currencies. - Rebalance Based on PPI Insights: If PPI data hints at rising inflation, consider reallocating weight from bonds to equities or inflation-hedged assets. - Set Stop Losses and Targets: Ensure you’re not over-leveraged by defining clear stop losses and profit targets based on PPI-driven forecasts. Common Pitfalls and How to Avoid Them - Overreacting to PPI Data: Not every spike in PPI warrants a portfolio overhaul. Always pair PPI analysis with broader economic indicators. - Ignoring Market Sentiment: If market participants dismiss a PPI report, it might have less impact than expected. Keep your ear to the ground. - Neglecting Diversification: Even with PPI insights, risk parity thrives on diversification. Ensure your portfolio includes uncorrelated assets. The Underrated Impact of Currency Pair Dynamics Certain Forex pairs are more sensitive to inflation data. For instance: - USD/JPY: Reacts sharply to U.S. inflation expectations. - EUR/USD: Influenced by comparative inflation trends between the EU and U.S. - AUD/USD: Sensitive to commodity prices, which often correlate with PPI movements. Why Most Traders Get It Wrong (And How You Can Avoid It) Most traders either: - Treat PPI as an afterthought, or - Misinterpret its implications for risk parity. The fix? Stay curious and methodical. Analyze not just the headline PPI but also core PPI and its subcomponents (e.g., energy, food). Advanced Insights: Emerging Trends in PPI and Risk Parity - AI-Driven PPI Analysis: Machine learning models are now predicting PPI movements. Tools like SentimentTrader and Quandl offer cutting-edge insights. - Cross-Asset Impacts: PPI trends are increasingly influencing commodities like oil and gold, which, in turn, affect Forex pairs indirectly. - Geopolitical Factors: Supply chain disruptions from geopolitical tensions are causing unpredictable PPI spikes. Stay agile by monitoring global news. Conclusion: Turning Data into Dollars Understanding the interplay between PPI and risk parity can revolutionize your trading game. By leveraging this connection, you not only sidestep common pitfalls but also position yourself to capitalize on market inefficiencies. Quick Recap: - PPI offers early inflation signals crucial for Forex trading. - Risk parity balances portfolio risks, making it resilient to market shocks. - Combining PPI insights with risk parity strategies creates a robust trading framework. So, are you ready to outsmart the market? The next PPI report might just be your golden ticket. —————– Image Credits: Cover image at the top is AI-generated Read the full article

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The Industrial IoT Revolution: Market Forecast and Leading Players to Watch in 2023–2031

Industrial IoT Market Report: Growth, Trends, and Future Outlook

The Industrial Internet of Things (IIoT) represents a transformative wave in industrial operations, leveraging the power of connected devices, sensors, and advanced analytics to optimize processes, improve efficiency, and unlock new business opportunities. IIoT connects machines, devices, sensors, and systems to collect and analyze data in real time, enabling industries to achieve smarter decision-making, reduce operational costs, and enhance productivity.

The global Industrial IoT (IIoT) market was valued at USD 334.53 billion in 2022 and is projected to reach USD 2,916.21 billion by 2031, growing at an impressive CAGR of 27.2% during the forecast period (2023–2031). This rapid growth highlights the increasing demand for IoT-enabled technologies across various industrial sectors, making IIoT a vital part of the digital transformation process in manufacturing, supply chains, and infrastructure.

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

Key Trends in the Industrial IoT Market

Increased Adoption of Smart Manufacturing: Manufacturers are embracing IIoT for process automation, predictive maintenance, real-time monitoring, and supply chain optimization. This trend is expected to continue as more companies focus on reducing downtime and improving product quality through connected devices.

Advancements in Edge Computing and AI Integration: The rise of edge computing is reducing latency, enabling faster data processing at the source. Integrating AI and machine learning with IIoT systems allows industries to gain insights from real-time data, improving decision-making capabilities.

Focus on Cybersecurity: As the number of connected devices increases, so does the potential vulnerability to cyberattacks. Ensuring robust cybersecurity measures within IIoT systems is becoming a top priority for businesses.

5G Connectivity: The rollout of 5G technology is enhancing the capabilities of IIoT by offering faster and more reliable communication between connected devices. This enables applications that require low latency, such as autonomous vehicles and real-time remote monitoring.

Sustainability and Energy Efficiency: Industries are increasingly adopting IIoT technologies to improve energy efficiency, reduce emissions, and support sustainability goals. Sensors and data analytics enable more efficient resource management, leading to reduced waste and energy consumption.

Industrial IoT Market Size and Share

The IIoT market is witnessing substantial growth across various regions, driven by technological advancements, an increasing number of connected devices, and the need for automation. The major industrial sectors benefiting from IIoT include manufacturing, energy, automotive, pharmaceuticals, and more. Businesses are investing heavily in IIoT to streamline their operations, reduce operational costs, and ensure more efficient use of resources.

The market is also being driven by increasing government initiatives aimed at fostering smart city projects, digital infrastructure, and sustainable industrial practices. As industries continue to digitize their operations, the demand for IIoT solutions is poised to grow exponentially.

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

Industrial IoT Market Statistics

The global market value was USD 334.53 billion in 2022.

The market is expected to grow to USD 2,916.21 billion by 2031, with a CAGR of 27.2% during the forecast period (2023–2031).

North America holds a significant share of the market, driven by the adoption of advanced industrial technologies and the presence of key players like Cisco, IBM, and Honeywell.

Asia Pacific (APAC) is expected to witness the highest growth due to rapid industrialization, increasing investments in smart factories, and government support for smart manufacturing initiatives.

Regional Trends and Impact

North America: The North American region, particularly the United States and Canada, dominates the global IIoT market due to a robust manufacturing base, the presence of key technology companies, and early adoption of IoT-enabled technologies. The region’s focus on automation, smart factories, and energy efficiency has led to a high demand for IIoT solutions.

Asia Pacific (APAC): APAC is expected to witness the fastest growth in the IIoT market, primarily driven by the increasing industrialization in countries like China, Japan, and India. The region's push towards smart manufacturing, government initiatives supporting industrial automation, and rapid adoption of advanced technologies like AI, robotics, and 5G are propelling the growth of the IIoT market.

Europe: Europe is another key region for IIoT, driven by strong industrial sectors such as automotive, chemicals, and energy. The European Union’s focus on Industry 4.0 and digital transformation is increasing the demand for IIoT technologies across manufacturing, energy, and logistics.

LAMEA (Latin America, Middle East, and Africa): While still a developing market, the LAMEA region is showing significant potential for IIoT growth, especially in industries such as oil and gas, utilities, and agriculture. Increased investment in infrastructure and digitalization is expected to drive the demand for IIoT solutions in these regions.

Industrial IoT Market Segmentation

By Offering

Hardware:

Industrial Robots: These robots are essential for automating repetitive tasks in industries such as manufacturing and automotive, improving efficiency and reducing errors.

Industrial PC: Industrial PCs are used for data processing, monitoring, and control in industrial environments.

Industrial Sensors: Sensors play a critical role in collecting data from machines and devices to monitor conditions like temperature, pressure, and vibration.

Distributed Control System (DCS): DCS solutions enable centralized control of industrial processes, helping manage large-scale production systems.

Smart Meters: Smart meters are essential for monitoring and managing energy consumption in industries, contributing to energy efficiency.

Human Machine Interface (HMI): HMIs provide a visual interface for operators to interact with industrial control systems.

Control Devices: Devices that help regulate and control industrial processes, ensuring smooth operations.

Software: Software solutions in IIoT are used for data collection, processing, analytics, and visualization. These software tools enable industries to derive actionable insights from the vast amount of data generated by IIoT devices.

Services:

Training & Consulting Services: These services help organizations integrate IIoT technologies into their existing systems and operations.

Support and Maintenance Services: These services ensure that IIoT solutions continue to operate efficiently and without disruption.

By Connectivity

Wired Connectivity:

Ethernet: Provides high-speed, reliable data transmission for industrial applications.

Fieldbus: Used in process control systems for connecting field devices and control systems.

Wireless Connectivity:

Wi-Fi, Bluetooth, Cellular Connectivity, Satellite Connectivity: Wireless connectivity solutions offer flexibility and scalability for IIoT applications, especially in large industrial environments.

By End-use Industry

Aerospace and Defense

Automotive

Chemicals

Energy & Power

Food & Beverage

Metal and Mining

Oil & Gas

Pharmaceutical

Semiconductor & Electronics

Others (Healthcare, Water & Wastewater, etc.)

Each of these industries is increasingly adopting IIoT technologies to improve operational efficiency, ensure product quality, reduce costs, and enhance safety.

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

Top Players in the Industrial IoT Market

Several companies are leading the way in the IIoT market, providing innovative solutions and services:

Huawei Technology Co., Ltd.

Cisco

General Electric

Schneider Electric

Rockwell Automation

ABB

Texas Instruments

Honeywell

IBM

KUKA AG

NEC Corporation

Bosch

Siemens AG

SAP

Endress+Hauser

Accenture PLC

STMicroelectronics

These companies are at the forefront of developing and implementing IIoT solutions, helping industries to leverage IoT technologies for better efficiency, safety, and profitability.

Table of Contents for the Industrial IoT Market Report: https://straitsresearch.com/report/industrial-iot-market/toc

Conclusion

The Industrial IoT market is experiencing rapid growth as industries worldwide adopt connected devices, advanced analytics, and automation to enhance productivity, reduce costs, and improve decision-making. With significant investments in IIoT infrastructure, the market is poised to expand substantially in the coming years, especially in sectors such as manufacturing, energy, automotive, and pharmaceuticals. As technologies like AI, 5G, and edge computing continue to evolve, the potential for IIoT to drive industrial transformation will only increase, presenting enormous opportunities for businesses and industries to embrace the future of connected manufacturing and operations.

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: sales@straitsresearch.com Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

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Two-Dimensional Materials Market: Growth, Trends and Opportunities Through 2024-2031

The Two-Dimensional Materials Market is creating waves across multiple industries, from electronics and energy to healthcare and automotive. Characterized by ultra-thin structures just one atom thick, materials such as graphene, molybdenum disulfide, and hexagonal boron nitride offer exceptional electrical, thermal, and mechanical properties. These qualities have led to widespread interest and investment in the 2D Materials Market, which promises to reshape sectors dependent on lightweight, durable, and conductive materials. 

According to BIS Research, the Two-Dimensional Materials Market is set to grow from $526.1 million in 2022 to $4 billion by 2031, with a CAGR of 25.3% over the forecast period.

Market Growth and Trends

Driven by breakthroughs in nanotechnology, the Two-Dimensional Materials Market is expected to expand rapidly in the coming years. Electronics and energy storage are two of the fastest-growing applications, where 2D materials enhance efficiency and sustainability. The market is further propelled by demand for flexible and miniaturized electronics, particularly in the semiconductor and photovoltaic industries, making these materials an attractive choice for next-generation applications.

Request a Free Sample Report on the Two-Dimensional Materials Market

Key Technologies Shaping the Market

Several notable 2D materials are leading the transformation in this sector:

· Graphene: Known for its incredible strength and conductivity, graphene is ideal for high-performance sensors, batteries, and flexible electronic devices.

· Molybdenum Disulfide (MoS₂): Frequently used in transistors and photodetectors, MoS₂ is popular for its stability and flexibility in nanoelectronics.

· Hexagonal Boron Nitride: This material acts as an excellent insulator and is widely used in high-performance thermal management systems.

Demand Drivers

Key drivers shaping the Two-Dimensional Materials Market include:

· Rising Demand for Miniaturized Electronics: As industries shift towards compact and lightweight electronic devices, 2D materials offer a sustainable solution without compromising performance.

· Sustainability Goals in Energy: The demand for energy-efficient materials in solar cells, fuel cells, and batteries fuels the growth of 2D materials.

· Medical and Biotechnology Applications: With exceptional biocompatibility and electrical conductivity, 2D materials support the development of advanced medical devices and sensors. Download Complete TOC of the Two-Dimensional Materials Market Report

On-Field to Lead the Two-Dimensional Materials Market

On-field applications of 2D materials are expected to lead the market, especially in sectors like flexible electronics and wearable technologies, where adaptability and durability are critical. These materials’ unique attributes facilitate the development of cutting-edge products, from transparent conductive films to biocompatible implants, opening avenues for real-world, on-field applications across industries.

Key Players

Company Type 1 (by Material Type): Graphene

· NanoXplore Inc.

· Cabot Corporation

And many others 

Company Type 2 (by Material Type): Black Phosphorus

Smart-elements GmbH

Ossila Ltd.

Company Type 3 (by Material Type): Mxene

· Ossila Ltd.

· ACS Material LLC

And many others 

Company Type 4 (by Material Type): TMDCs

Ossila Ltd

6 Carbon Technology

PlanarTECH LLC

And many others 

Get More Market Insights on Advanced-materials-chemicals

Conclusion

The Two-Dimensional Materials Market is on an upward trajectory as demand for advanced materials grows across diverse applications. With their superior physical properties and versatility, 2D materials are set to redefine the future of electronics, energy storage, and biomedical applications. BIS Research, recognized as a best market research company, provides premium market intelligence reports on deep technologies poised to cause significant market disruption in the coming years.

At BIS Research, we focus exclusively on technologies related to precision medicine, medical devices, diagnostics, life sciences, artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), big data analysis, blockchain technology, 3D printing, advanced materials and chemicals, agriculture and FoodTech, mobility, robotics and UAVs, and aerospace and defense, among others

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The Wave Energy Converter Market size was valued at USD 20.35 Million in 2023 and is expected to grow by 4.26% from 2024 to 2030, reaching nearly USD 27.25 Million.

Dynamics of the Wave Energy Converter Market:

Around the world, interest in the possibility of harnessing ocean waves to produce sustainable electricity is growing quickly. For a number of geopolitical, environmental, economic, and practical reasons, the benefits of moving away from outdated, fossil fuel-dependent power generation methods and toward new renewable energy technologies have recently come to light. To capitalize on this paradigm shift, researchers, business executives, and legislators are all actively engaged in the development of efficient, reasonably priced, and environmentally friendly energy technology.