#and Forecast (2022-2028)

[rjzimmerman]

Notes: The electricity generation trajectories for wind and solar PV indicate potential generation, including current curtailment rates. However, they do not project future wind and solar PV curtailment, which may be significant in some countries by 2028.

Excerpt from this story from EcoWatch:

With solar leading the way, renewables are on track to generate nearly 50 percent of global electricity this decade. But green energy is still predicted to fall short of the United Nations target of tripling capacity, according to Renewables 2024: Analysis and forecast to 2030, a report from the International Energy Agency (IEA).

More than 5,500 gigawatts (GW) of global renewable capacity is set to be added between now and 2030, which is nearly three times the growth from 2017 to 2023, the report said.

“Renewables are moving faster than national governments can set targets for,” said Fatih Birol, IEA’s executive director, as Reuters reported. “This is mainly driven not just by efforts to lower emissions or boost energy security: it’s increasingly because renewables today offer the cheapest option to add new power plants in almost all countries around the world.”

Based on today’s governmental policy settings and current market trends, of the world’s renewable capacity installed between 2024 and 2030, almost 60 percent will come from China, a press release from IEA said.

That would mean nearly half the total global renewable power capacity would be in China by 2030, up from a third in 2010.

“Due to supportive policies and favourable economics, the world’s renewable power capacity is expected to surge over the rest of this decade, with global additions on course to roughly equal the current power capacity of China, the European Union, India and the United States combined,” the press release said.

This decade, solar PV is projected to account for 80 percent of worldwide renewable capacity growth. This is due to the construction of large solar plants and an increase in installations of rooftop solar by households and companies.

The expansion of wind is forecast to double between now and the end of the decade, compared with the period 2017 to 2023.

In nearly every country in the world, solar PV and wind are the least expensive options for adding new electricity generation.

Because of these trends, almost 70 countries that together make up 80 percent of renewable capacity around the world are set to meet or exceed their current renewable goals for 2030.

“The growth is not fully in line with the goal set by nearly 200 governments at the COP28 climate change conference in December 2023 to triple the world’s renewable capacity this decade – the report forecasts global capacity will reach 2.7 times its 2022 level by 2030,” the press release said. “But IEA analysis indicates that fully meeting the tripling target is entirely possible if governments take near-term opportunities for action.”

[allthebrazilianpolitics]

Petrobras’ annual oil & gas production reaches new heights

Brazilian state-owned oil and gas giant Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic 2023-27 guidance. However, the hydrocarbon production volume was in line with the Brazilian player’s revised production forecast, within the range of ± 2%.

Petrobras unveiled its new strategic plan for the 2024-2028 period in mid-November 2023, outlining that oil and natural gas would be given the biggest slice of the $102 billion investment pie. The company sees oil and gas as drivers of growth, which will propel and fund the energy transition to greener sources of supply.

The Brazilian player reached total oil and natural gas production of 2.78 MMboed in 2023, 3.7% higher than the production recorded in 2022. Petrobras’ commercial production of oil and natural gas was 2.44 MMboed and oil production was 2.24 MMbpd last year.

One of the company’s 2023 highlights was marked by an annual record of total own production of oil and natural gas in the pre-salt, with 2.17 MMboed, surpassing the previous record of 1.97 MM boed in 2022. This represents 78% of the firm’s total production.

Continue reading.

[ashimbisresearch]

The Global Autonomous Agriculture Equipment Market reached a valuation of $5.81 billion in 2022. Over the forecast period 2023-2028, the market is projected to exhibit a CAGR of 16.45%, ultimately reaching a value of $17.13 billion by 2028.

[focusedmarketinsights]

Europe Pharmaceutical Packaging Market  was valued at $25.58 billion in 2022 and is projected to reach $33.97 billion in 2028, with a compound annual growth rate (CAGR) of 4.84%, during the study period.

[lalsingh228-blog]

Aquatic Robot Market to Eyewitness Huge Growth by 2030

Latest business intelligence report released on Global Aquatic Robot Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Aquatic Robot market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis: Atlas Maridan ApS. (Germany), Deep Ocean Engineering Inc. (United States), Bluefin Robotics Corporation (United States), ECA SA (France), International Submarine Engineering Ltd. (Canada), Inuktun Services Ltd. (Canada), Oceaneering International, Inc. (United States), Saab Seaeye (Sweden), Schilling Robotics, LLC (United States), Soil Machine Dynamics Ltd. (United Kingdom) Download Free Sample PDF Brochure (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/177845-global-aquatic-robot-market Brief Overview on Aquatic Robot: Aquatic robots are those that can sail, submerge, or crawl through water. They can be controlled remotely or autonomously. These robots have been regularly utilized for seafloor exploration in recent years. This technology has shown to be advantageous because it gives enhanced data at a lower cost. Because underwater robots are meant to function in tough settings where divers' health and accessibility are jeopardized, continuous ocean surveillance is extended to them. Maritime safety, marine biology, and underwater archaeology all use aquatic robots. They also contribute significantly to the expansion of the offshore industry. Two important factors affecting the market growth are the increased usage of advanced robotics technology in the oil and gas industry, as well as increased spending in defense industries across various countries. Key Market Trends: Growth in AUV Segment Opportunities: Adoption of aquatic robots in military & defense

Increased investments in R&D activities Market Growth Drivers: Growth in adoption of automated technology in oil & gas industry

Rise in awareness of the availability of advanced imaging system Challenges: Required highly skilled professional for maintenance Segmentation of the Global Aquatic Robot Market: by Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV)), Application (Defense & Security, Commercial Exploration, Scientific Research, Others) Purchase this Report now by availing up to 10% Discount on various License Type along with free consultation. Limited period offer. Share your budget and Get Exclusive Discount @: https://www.advancemarketanalytics.com/request-discount/177845-global-aquatic-robot-market Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa)Furthermore, the years considered for the study are as follows: Historical data – 2017-2022 The base year for estimation – 2022 Estimated Year – 2023 Forecast period** – 2023 to 2028 [** unless otherwise stated] Browse Full in-depth TOC @: https://www.advancemarketanalytics.com/reports/177845-global-aquatic-robot-market

Summarized Extracts from TOC of Global Aquatic Robot Market Study Chapter 1: Exclusive Summary of the Aquatic Robot market Chapter 2: Objective of Study and Research Scope the Aquatic Robot market Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027 Chapter 5: Decision Framework Chapter 6: Market Dynamics- Drivers, Trends and Challenges Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile Chapter 8: Appendix, Methodology and Data Source Buy Full Copy Aquatic RobotMarket – 2021 Edition @ https://www.advancemarketanalytics.com/buy-now?format=1&report=177845 Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

[priyanshisingh]

Microalgae Fertilizers Market Rising Trends and Research Outlook 2022-2030

The latest market report published by Credence Research, Inc. “Global Microalgae Fertilizers Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The Global Microalgae Fertilizers market is expected to witness a CAGR of 9.75% during the forecast period. The revenue generated by the global Microalgae Fertilizers market in 2021 was over USD 11.33 million and is expected to generate revenue worth USD 22.28 million in 2028. Therefore, the incremental growth opportunity offered by the global Microalgae Fertilizers is estimated to be USD 120.3 million between 2022 and 2028.

Microalgae Fertilizers Market Major Challenges revolve around several key factors that pose significant obstacles for the industry's growth and adoption. Firstly, there is a lack of awareness among potential consumers about the benefits and efficacy of microalgae-based fertilizers compared to traditional chemical alternatives. This results in limited demand, as farmers tend to stick with familiar products rather than exploring new options. Additionally, the production and cultivation processes involved in microalgae fertilizers often require specialized knowledge and infrastructure, making it difficult for small-scale farmers or developing regions to access these innovative solutions. Moreover, scaling up production to meet market demands remains a challenge due to high costs associated with large-scale cultivation systems and extraction technologies. Furthermore, regulatory frameworks often lag behind technological advancements in this field, creating uncertainties regarding approvals and licensing procedures for microalgae fertilizer products.

Unearthing the Potential of the Microalgae Fertilizers Market in North America

With a focus on sustainable agriculture and increasing demand for organic products, the North American Microalgae Fertilizers Market is witnessing impressive growth. The U.S. has secured a commanding position, holding over 84% of the market share in 2022, with projections showing its dominance stretching until 2030. The fertile grounds of Canada and Mexico aren't far behind, demonstrating remarkable growth rates in the microalgae fertilizers landscape.

Microalgae Fertilizers: The Green Gold of Sustainable Agriculture

Microalgae fertilizers, the unseen heroes of the fertilization market, are the organic answer to the environmental impact caused by conventional chemical fertilizers. These microscopic phytoplanktons, prevalent in marine and freshwater bodies, have a substantial role in enriching the soil with essential nutrients. Their vast potential has catapulted the microalgae fertilizers market valuation to a prospective US$ 22 million.

Sustainable Farming: Breathing Life into the Microalgae Fertilizers Market

Farming trends are changing, focusing more on sustainable and eco-friendly practices. Microalgae fertilizers align seamlessly with these evolving patterns, providing a beneficial counterpoint to the problems caused by inorganic fertilizers. The rise in the microalgae fertilizer market is intricately linked to these global trends, with technology advancement adding fuel to the growth fire.

The Mighty U.S. in the Microalgae Fertilizers Market

The U.S. has emerged as a leader in the North American Microalgae Fertilizers Market, dominating over 84% of the market share. This lead is attributed to an increasing awareness of the environmental impacts of traditional fertilizers and a rising demand for organic products. Government initiatives promoting sustainable agricultural practices further bolster this market.

Browse 210 pages report Microalgae Fertilizers Market by Species (Spirulina, Chlorella, Dunaliella, Schizochytrium, Euglena, NannochloropsisNostoc, Others) by Source (Marine water, Fresh Water) by Application (Biofertilizers, Biocontrole, Soil microalgae, Biostimulants, Soil Conditioner, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/microalgae-fertilizers-market

Spirulina: The Spiraling Demand

With the diversity of microalgae species such as Spirulina, Chlorella, Dunaliella, Schizochytrium, Euglena, Nannochloropsis, Nostoc, and others, Spirulina claims the crown. Holding over 35% of the total revenue generated in 2021, Spirulina's use in microalgae fertilizers signifies its pivotal role in the market. Biocontrole, Soil microalgae, Biostimulants, and Soil conditioners contribute to its major applications.

The Rise of Freshwater Microalgae Fertilizers

Freshwater microalgae fertilizers dominate the market with over 70% share in total revenue generation in 2021. With North America accounting for over 35% share in the same year, it's clear the rising demand for organic products and growing awareness about health benefits contribute significantly to this lead.

The Key Players

Several significant players are shaping the global microalgae fertilizers market. These include Algaenergy, Algatec (Lusoamoreiras), Algatechnologies Ltd., Allmicroalgae, Cellana LLC, Cyanotech Corporation, Heliae Development, LLC, Viggi Agro Products, AlgEternal Technologies, LLC, and Tianjin Norland Biotech Co., Ltd. These organizations are propelling the microalgae fertilizers market forward with their innovative practices and commitment to sustainable agriculture.

In conclusion, the North American Microalgae Fertilizers Market is steadily expanding, aided by evolving farming practices, technological advancements, and a stronger focus on sustainability. As the green revolution continues to gain momentum, the microalgae fertilizers market is poised for significant growth in the years to come.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Microalgae Fertilizers Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Microalgae Fertilizers Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report: https://www.credenceresearch.com/report/microalgae-fertilizers-market

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Related Report: https://www.credenceresearch.com/report/automated-hydroponic-gardening-systems-market

Related Report: https://www.credenceresearch.com/report/smart-irrigation-systems-market

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Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 10,000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. For nearly a century, we’ve built a company well-prepared for this task.

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[srilatha]

Laminating Adhesives Market - Forecast(2023 - 2028)

The Laminating Adhesives Market size is estimated to reach US$3.1 billion by 2027 after growing at a CAGR of 5.9% during the forecast period 2022-2027. There are several laminating processes that are generally classified as either wet or dry laminating processes. The basic categories of laminating adhesives used are water-based, solvent-based, ultraviolet curable and hot melt adhesives

[byimarcgroup]

The global radar system market size reached US$ 33.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.

[technotale]

Sensor Fusion Market to Witness Robust Expansion Throughout the Forecast Period 2022 -2028

The act of merging data from several sensors to obtain more accurate and trustworthy information is known as sensor fusion. Sensor fusion is critical in the context of autonomous cars since it allows the vehicle to "see" and understand its surroundings. Sensors aboard the vehicle capture data about the surrounding environment, which is then aggregated and processed to provide a more comprehensive and accurate depiction of the world around the car. Sensor fusion algorithms examine and interpret sensor data using advanced techniques such as machine learning and computer vision.

The advantages of sensor fusion extend beyond self-driving cars. Sensor fusion, for example, can be utilised in industrial settings to monitor equipment and predict maintenance needs. By merging information from several sensors, Anomalies can be identified, and probable failures can be forecast. Sensor fusion in healthcare can be used to improve patient care by merging data from numerous medical equipment, providing a more complete picture of a patient's health. Sensor fusion technology is constantly improving, and its applications are numerous.

While sensor fusion technology has many advantages, it is not without its drawbacks. One key challenge is the requirement for precise sensor calibration. Each sensor has advantages and disadvantages, and combining their data necessitates a thorough grasp of their distinct properties. Furthermore, the massive volume of data collected by various sensors necessitates a substantial amount of computer capacity to interpret and evaluate. Yet, as technology advances, sensor fusion is becoming more accessible and will definitely continue to play an important role in many industries.

Read more@ https://techinforite.blogspot.com/2023/02/global-sensor-fusion-market-by.html

[tritonmarketresearch]

Biomass Power Market to Grow at CAGR of 6.08% from 2022 to 2028

Triton Market Research presents the Global Biomass Power Market report segmented by Application (Industrial, Commercial, Residential), by Feedstock (Municipal Solid Waste, Biogas, Liquid Biomass, Solid Biomass), by Technology (LFG, Co-firing & CHP, Gasification, Combustion, Anaerobic Digestion), by Geographical Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), discussing Market Summary, Competitive Landscape, Market Drivers, Market Challenges, Market Opportunities, Industry Outlook, Research Methodology & Scope, and Global Market Size, Forecasts, & Analysis (2022-2028).

According to estimates from Triton Market Research, the Global Biomass Power Market is likely to grow with CAGRs of 6.08% (by revenue) and 6.51% (by volume) in the forecast period from 2022 to 2028.

Request Free Sample Report:

https://www.tritonmarketresearch.com/reports/biomass-power-market#request-free-sample

Growing environmental concerns regarding carbon emissions due to the increasing use of conventional fuels for power generation and transportation have resulted in nations across the world switching to cleaner and more effective energy sources. This, in turn, has shifted the focus on biomass for power generation, which is expected to benefit the global market growth.

Renewable power sources, such as wind and solar, act as substitute technologies for biomass power. Due to increased R&D, as well as the availability of financial incentives globally, these alternatives have emerged as superior options. This, however, has had a negative impact on the adoption of biomass for power generation, thus hampering the studied market’s growth.

The Asia-Pacific leads the global biomass power market, accounting for the highest revenue share in 2021. The availability of financial incentive schemes for the adoption of renewable power sources in a majority of the countries in this region is a key factor driving market growth. Also, the implementation of programs for cofiring biomass with coal-based power plants is anticipated to augment the studied market’s growth in this region.

Thermax Ltd, Suez SA, Orsted, Ramboll Group, Veolia Environnement SA, Xcel Energy Inc, Babcock & Wilcox Enterprises, Ameresco Inc, E.ON Energy, Mitsubishi Heavy Industries Ltd, Valmet Oyj, General Electric Company, and Vattenfall AB are some of the noteworthy players in the biomass power market.

The biomass power market is characterized by high capital investment. It requires the presence of high-end laboratories, technological expertise, and high capital cost for R&D, which act as a hindrance to new players aspiring to set foot into the market.

Besides, major global players, such as General Electric Company and Mitsubishi Heavy Industries Ltd, have a strong market presence and technical expertise in biomass power technologies and components, which helps them capture greater shares in the market. This enhances the industry rivalry among the companies operating in the biomass power market.

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sales@tritonmarketresearch.com

Phone: +44 7441 911839

[gimbook-blogs]

The Future of Accounting Billing Software: Trends to Watch

Accounting and billing software have become essential tools for businesses worldwide. With advancements in technology, these tools are evolving rapidly, shaping the future of financial management. In this blog, we will explore the key trends and innovations in invoicing and billing software, such as blockchain in accounting, mobile-first billing solutions, and subscription-based invoicing tools. Let’s dive into the future of accounting software and discover what’s in store.

The Rise of Cloud-Based Solutions

Cloud technology has revolutionized how businesses operate. In 2023, more than 60% of small and medium-sized businesses (SMBs) used cloud-based accounting software, and this percentage is expected to reach 80% by 2026. Cloud-based solutions offer real-time access to data, enabling businesses to manage their finances from anywhere. This flexibility is especially beneficial for companies with remote teams or multiple office locations.

Benefits of Cloud-Based Solutions:

Automatic updates with new features

Enhanced data security

Scalability for growing businesses

Automation and Artificial Intelligence (AI)

Automation and AI are becoming integral parts of accounting software. These technologies help reduce manual errors, save time, and provide accurate financial insights. For example, AI-powered tools can categorize expenses, predict cash flow trends, and even detect fraudulent transactions.

According to a study by Gartner, by 2025, 75% of businesses will use AI-based solutions to automate accounting tasks. This shift will allow accountants to focus more on strategic planning rather than repetitive data entry.

Upcoming Billing Features Powered by AI:

Predictive analytics for financial forecasting

Smart invoice generation

Personalized customer insights

Mobile-First Billing Solutions

As smartphone usage continues to grow, mobile-first billing solutions are gaining popularity. In 2022, around 45% of businesses used mobile apps for invoicing and payments, and this number is projected to increase to 70% by 2025. Mobile-friendly software allows users to create invoices, track payments, and manage finances on the go.

These solutions are particularly useful for small business owners and freelancers who often need quick access to their financial tools. Features like push notifications for overdue payments and one-tap payment reminders make mobile-first billing solutions highly convenient.

Blockchain in Accounting

Blockchain technology is transforming the accounting landscape by introducing transparency and security. By 2028, the global blockchain market in accounting is expected to reach $11.5 billion, growing at a compound annual growth rate (CAGR) of 47.2% from 2023.

How Blockchain Benefits Accounting:

Secure and tamper-proof transaction records

Instant verification of financial data

Reduced risk of fraud and errors

Blockchain can also streamline invoicing by enabling smart contracts, which automatically execute payment terms once conditions are met. For instance, a freelancer could receive payment immediately after submitting a project, eliminating delays.

Subscription-Based Invoicing Tools

Subscription-based models are becoming a preferred choice for businesses of all sizes. Instead of purchasing software outright, companies can subscribe to monthly or annual plans. This model provides access to the latest features without the need for costly upgrades.

In 2023, the subscription economy was valued at $275 billion and is predicted to grow to $1.5 trillion by 2030. Subscription-based invoicing tools often include features like recurring billing, automatic payment reminders, and detailed analytics.

Advantages of Subscription-Based Tools:

Affordable pricing with predictable costs

Regular updates and new features

Integration with other business tools

Integration with Other Business Systems

Modern accounting software is not just limited to bookkeeping. It integrates seamlessly with other business systems like Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), and e-commerce platforms. For example, integration with a CRM system allows businesses to automatically generate invoices based on customer interactions.

This interconnected approach helps businesses streamline operations, reduce manual work, and improve overall efficiency. According to a report by Statista, 65% of businesses will prioritize software integration by 2025.

Focus on User Experience (UX)

As competition increases, accounting software providers are focusing on delivering a superior user experience. Intuitive interfaces, customizable dashboards, and easy navigation are now standard features.

For instance, QuickBooks and Xero have introduced guided setups and tutorials to help users get started quickly. Enhanced UX not only improves user satisfaction but also reduces the learning curve for new users.

Emphasis on Data Security

With the rise of cyber threats, data security remains a top priority for accounting software developers. Advanced encryption, multi-factor authentication, and regular security audits are becoming standard practices.

In 2023, the cost of data breaches in the financial sector averaged $5.85 million per incident. To mitigate such risks, many software providers are adopting ISO-certified security measures and offering cyber insurance.

GimBook: Simplifying the Future of Billing

GimBook is at the forefront of revolutionizing accounting and billing with its cutting-edge features tailored for modern businesses. Designed with user-friendly interfaces and advanced technologies like automation, mobile-first solutions, and seamless integrations, GimBook empowers companies to manage their finances efficiently. Whether you’re a freelancer or a growing enterprise, GimBook offers innovative tools like smart invoicing, subscription-based billing, and real-time financial insights. With a commitment to security and sustainability, GimBook is the perfect partner to help businesses stay ahead in the evolving landscape of billing software.

Try GimBook today and embrace smarter, faster, and more secure billing solutions, click here: https://bit.ly/4eMIOHF

Conclusion

The future of accounting software is bright, driven by innovations in invoicing, mobile-first solutions, blockchain technology, and more. Businesses can expect smarter, faster, and more secure tools to manage their finances. By staying updated on these billing software trends, companies can leverage cutting-edge features to gain a competitive edge.

Whether you are a small business owner, a freelancer, or part of a large corporation, these advancements will make managing finances easier than ever. Embracing these trends now can help future-proof your business for the years to come.