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Carbon Footprint Management Market: Size & Growth Analysis (2022-2028) | UnivDatos

The Carbon Footprint Management Market is witnessing substantial momentum, driven by the urgent global need to reduce greenhouse gas (GHG) emissions across sectors. A carbon footprint represents the total volume of GHGs—mainly carbon dioxide (CO₂) and methane—emitted directly or indirectly by individuals, organizations, or activities. Major contributors include energy consumption, transportation, food production, and manufacturing processes.

Market Overview & Key Growth Drivers

With the effects of climate change becoming increasingly evident, governments across the globe are tightening regulations and implementing climate policies aimed at reducing carbon emissions. Agreements like the Paris Climate Accord have further fueled the demand for carbon footprint management solutions. As per industry estimates, the market is expected to grow at a CAGR of approximately 7% between 2022 and 2028.

One of the primary growth drivers is the rising need for end-to-end carbon accounting software that helps enterprises track, manage, and report emissions effectively. Businesses are under pressure to meet sustainability goals while avoiding legal, operational, and reputational risks tied to carbon-heavy practices.

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Top Market Trends to Watch (2025)

AI & IoT Integration: Cutting-edge carbon tracking systems now utilize artificial intelligence and IoT to deliver real-time monitoring and predictive insights for emissions control.

Scope 3 Emissions Focus: Organizations are expanding their footprint assessments to include Scope 3 emissions—indirect emissions from supply chain activities—fueling demand for comprehensive reporting solutions.

SaaS-Based Platforms: The adoption of cloud-based, scalable Software-as-a-Service (SaaS) carbon tools is rising due to their low cost, flexibility, and advanced analytics capabilities.

ESG & Green Financing Pressure: As financial institutions integrate carbon metrics into investment decisions, carbon management solutions have become crucial for ESG compliance.

SMEs Entering the Game: Small and medium enterprises are increasingly adopting sustainability platforms to align with national carbon-neutral targets and evolving consumer expectations.

Deployment Insights

The market is categorized by deployment mode into:

Cloud-Based Solutions: Rapidly gaining traction for benefits such as cost-efficiency, enhanced security, and scalability. Cloud systems utilize up to 65% of server capacity versus 15% for on-premise systems, making them a more sustainable choice.

On-Premises Solutions: Remain important for enterprises requiring strict data governance or regulatory compliance.

Service-Based Segmentation

Carbon footprint management services are segmented into:

Consulting: Experiencing high demand as businesses seek expert support in navigating evolving regulatory landscapes and sustainability benchmarks.

Integration & Deployment: Increasingly adopted by SMEs in need of customized emission tracking tools.

Support & Maintenance: Continues to be vital for ensuring system performance, updates, and compliance with shifting regulations.

Regional Outlook

North America: Leading the market, driven by strong regulatory frameworks and a high level of corporate environmental accountability in the U.S. and Canada.

Europe: A key region, supported by initiatives like the EU Green Deal and ambitious carbon neutrality targets.

Asia-Pacific: Expected to witness rapid growth as major economies including China, India, and Japan step up investments in green technologies and cleaner manufacturing practices.

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Key Players in the Market

Major companies driving innovation and growth in the Carbon Footprint Management Market include:

ENGIE

IBM

SAP – Recently launched a Product Footprint Management tool tailored for SMEs.

Carbon Footprint Ltd

Schneider Electric

Salesforce

ProcessMAP

ISOMETRIX

Dakota Software

Wolters Kluwer N.V.

These players are enhancing their platforms with AI-driven analytics, accurate carbon accounting tools, and automated reporting systems to meet the rising demand for transparency and sustainability.

Conclusion

The Carbon Footprint Management Market is set for significant expansion as sustainability becomes a top priority for governments, investors, and consumers alike. With digital innovation aligning with environmental responsibility, carbon management platforms are emerging as essential tools for organizations aiming to achieve net-zero targets and long-term business resilience.

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Prepreg Market Size, Growth, Trends and Forecast (2022-2028) | UnivDatos

According to UnivDatos’ research report “Prepreg Market”, the market is expected to showcase a growth of around 11% during the forecast period. Industries like automotive and aerospace & defence is increasingly adopting high-performance composite materials over metals and glass to reduce the weight that to be without compromising with the performance. This in turn is increasing the demand for prepregs from industries as prepregs offers both lightweight and high-performance properties.

The increasing adoption of high-performance materials which provide better strength than metals and glass while at the same offer lightweight property is growing the industry stakeholder's traction towards prepregs. Industries like automotive investing heavily in research & development to reduce the vehicle weight, thus improving the vehicle efficiency while simultaneously helping in environment emission reduction. Therefore, automotive OEM is increasingly using prepregs for automobile parts and components, tooling, and ballistic panels. Besides this, renewable energy is one of the new areas where composite materials are gaining market traction. The renewable energy industry is building large size windmills to generate more power, as a result they are increasingly using composites materials including prepreg, to reduce weight. As the investment in the renewable energy industry is showing bolstering growth across the globe, it is expected the industry players would develop substantial size of windmill compared to current level, which eventually increase the demand for prepreg.

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Based on reinforcement type, the market is categorized into carbon fiber, glass fiber, and others. During the forecast period, the carbon fiber category is likely to showcase robust growth due to increasing investment in the renewable energy industry to reduce the dependency on conventional energy. This in turn increases the production of windmills and blades, thus boosting the demand for carbon fiber prepreg.

Based on resin type, the market is categorized into thermoset and thermoplastic. Of both, the thermosets category held the lion share of the market in 2020 and is expected to maintain its strong position during the forecast period. Thermoset resin like epoxy is the most common in the manufacturing process owing to its high specific strength, excellent adhesion, and good dimensional stability. Besides this, adding fibers into epoxies improves the thermal and durability properties while reducing the cost for composite applications.

Asia-Pacific is expected to showcase robust growth over the forecast period

For a better understanding of the market adoption of prepreg, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific region is expected to showcase bolstering growth during the forecast period. The region is among the largest markets for some of the biggest consumers of prepregs like automotive, aerospace & defence, renewable, and electrical electronics. Besides this, increasing investment in the regional economies to cater the growing population and increasing demand among consumers for high quality products due to rising income are some of the factors which is likely to maintain strong growth for prepregs in the foreseeable future. Moreover, the rising cost of production in western economies is making other regions non-competitive to the Asia-Pacific economies.

According to UnivDatos, the key players with a considerable market share in the global prepreg market include Hexcel Corporation, Toray Industries Inc., SGL Carbon SE, Axiom Materials Inc., Solvay S.A., Teijin Limited, Mitsubishi Chemical Corporation, Gurit Holding AG, Park Aerospace Corp., and Victrex plc. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Prepreg Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

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Market Segmentation:

1.     By Reinforcement Type (Carbon Fiber, Glass Fiber, and Others)

2.     By Resin Type (Thermoset and Thermoplastic)

3.     By Form (Unidirectional and Woven)

4.     By Manufacturing Process (Hot Melt, Solvent Dip, and Resin Filming)

5.     By End-User (Aerospace & Defence, Automotive, Renewable, Sports, Electrical & Electronics, and Others)

6.     By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

7.     By Company (Hexcel Corporation, Toray Industries Inc., SGL Carbon SE, Axiom Materials Inc., Solvay S.A., Teijin Limited, Mitsubishi Chemical Corporation, Gurit Holding AG, Park Aerospace Corp., and Victrex plc.)

Key questions answered in the study:

1.     What are the current and future trends of the global prepreg industry?

2.     How the industry has been evolving in terms of reinforcement type, resin type, form, manufacturing process, and end-user?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global prepreg industry?

5.     What are the customer orientation, purchase behavior, and expectations from the global prepreg suppliers across various region and countries?

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Food Enzymes Market Research and Analysis Report (2021-2027) | UnivDatos

A comprehensive overview of the Food Enzymes market is recently added by UnivDatos to its humongous database. The Food Enzymes report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Food Enzymes market. Food Enzymes report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates Food Enzymes at the global and regional levels. The Food Enzymes Market is expected to grow at a CAGR of XX% from 2021-2027 to reach US$ million by 2027.

Market Overview

The demand for Food Enzymes is witnessing an uptick on account of the increasing urbanization, pollution, health diseases, and changing dietary habits. As per WBCSD, 66% of the world’s population is expected to live in cities by 2030. Moreover, the awareness about nutritional food products is increasing rapidly especially among millennium, which is driving the global market of food enzymes. Also, a rise in the working populations is leading to less time for food preparation due to hectic schedules and lifestyle changes. Therefore, the demand for nutritional food is on rising. Also, the introduction of new food categories, exposure to western products, and the rising number of nuclear families lead to a boost in the demand for nutritional food.

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COVID-19 Impact

During the COVID-19 pandemic, the prices of food products and the ingredients used in making food products witnessed a hart rise owing to the supply chain disruptions, lockdown in countries, and robust growth in the demand. As per FAO, in approximately three months from February 14–May 18, 2020,11 the global average prices for a variety of food products increased by 2 to 9% with half of the tracked goods rising by 7% or more. For example, in these three months, bread prices went up by 80% in Côte d’Ivoire, the price of rice doubled in the Maldives, and potato prices rose by 133% in Guyana. Similarly, there appears to be pronounced variability of price changes within countries

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The Food Enzymes Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Type, the market is primarily bifurcated into

•       Carbohydrase

•        Protease

•        Lipase

•       Others

The carbohydrase segment dominated the by type segment and gathered XX% of the Food Enzymes Market in 2020. Moreover, the market of this segment is expected to grow at XX% CAGR to reach US$ XX million by the year 2027.

By Form, the market is primarily bifurcated into

•       Solid

•       Liquid

The Liquid segment grabbed the major market share in 2020 dominated the from the segment. The segment gathered XX% of the Food Enzymes Market in 2020. Moreover, the market of this segment is expected to grow at XX% CAGR to reach US$ XX million by the year 2027.

By Source, the market is primarily segmented into

•       Microorganisms

•        Animals

•        Plant           

Based on the Source, the market is fragmented into Microorganisms, Animals, and Plant. The microorganism segment accounted for the largest share and is expected to grow at XX% CAGR during the forecast period 2021-2027. In 2020, the microorganism segment generated a revenue of US$ XX million.

By Application, the market is primarily bifurcated into

•       Bakery

•       Confectionery

•       Dairy and Frozen Desserts

•        Meat

•        Poultry and Sea Food Products

•        Beverages

•       Others

The bakery segment grabbed XX% of the Food Enzymes Market in 2020. Moreover, the market of this segment is expected to grow at XX% CAGR to reach US$ XX million by the year 2027.

Food Enzymes Market Geographical Segmentation Includes:

·       North America

·       Europe

·       Asia-Pacific

·       Rest of the World

Based on the estimation, the North America region grabbed XX% market share in 2020 and gathered almost US$ X million in revenue in 2020. The market of the region would proliferate owing to the surging end-users awareness.

The major players targeting the market includes

•       DuPont

•       Associated British Foods Plc (ABF)

•       Novozymes

•       DSM

•       CHR. Hansen Holding A/S

•       Kerry Group

•       Jiangsu Boli Bioproducts Co., Ltd.

•       Biocatalysts Ltd.

•       Puratos Group 

•       Amano Enzyme Inc.

Competitive Landscape

The degree of competition among prominent regional companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in Food Enzymes Market. The leading players have been analysed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

·       What are the latest trends, new patterns, and technological advancements in the Food Enzymes Market?

·       Which factors are influencing the Food Enzymes Market over the forecast period?

·       What are the global challenges, threats, and risks in Food Enzymes Market?

·       Which factors are propelling and restraining the Food Enzymes Market?

·       What are the demanding global regions of the Food Enzymes Market?

·       What will be the global market size in the upcoming years?

·       What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

About UnivDatos Market Insights

UnivDatos is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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India LED Lighting Market: Share, Size and Trend (2025-2033) | UnivDatos

According to the UnivDatos, rising disposable incomes, government programs like UJALA and SLNP promoting LED adoption, rising consumer awareness of energy savings, lower LED prices, and increasing infrastructure development in Tier II and Tier III cities drive the India LED Lighting market. As per their “India LED Lighting Market” report, the Indian market was valued at USD ~4,532.13 million in 2024, growing at a CAGR of about 14.50% during the forecast period from 2025 - 2033 to reach USD million by 2033.

Smart city projects, efforts from the government, and a desire for energy savings are pushing India’s LED industry into a major transformation. Now, LED lights are common in homes, regardless of where people live. In addition to cost-effectiveness and low prices, the industry is busy with sweeping revisions to regulations, new technology, and more attention to environmental issues. This article studies the recent progress and policies guiding the future of the LED lighting sector in India in 2025.

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The Energy Efficiency Mission Is Making Positive Progress

The Street Lighting National Program (SLNP) and UJALA have remained the biggest demand generators for LED lights in India. Such initiatives are designed to let people know that they should choose LED lights over incandescent, CFL, and halogen bulbs.

The Energy Efficiency Services Limited (EESL) is adding more cities to its Street Lighting National Programme (SLNP) by adding IoT-based dimming, motion sensors, and adaptive lighting to LED streetlights. Because such lights consume less energy when demand is low, utility and expenses for local governments are kept down.

UJALA’s Decade of Impact: 

As of 6th January 2025, the UJALA scheme has distributed 36.87 crore LED bulbs, making it one of the most widely adopted initiatives in the country. Its implementation across all states has brought about transformative changes, reduced annual household electricity bills, and enabled consumers to save money while improving their quality of life. By ensuring transparency through e-procurement and fostering competition, the programme has significantly reduced transaction costs and time, leading to enhanced process efficiency. Also, transforming the market, so far, the UJALA scheme has generated the sale of 407.92 crore LED bulbs in the Indian market.

Street Lighting National Programme (SLNP): 

As of 6th January 2025, EESL installed over 1.34 crore LED streetlights across Urban Local Bodies (ULBs) and Gram Panchayats, leading to significant energy savings of over 9,001 million units (MUs) of electricity annually. This achievement also contributed to a reduction in peak demand by more than 1,500 MW and a decrease in CO₂ emissions by 6.2 million tonnes per year, highlighting the programme’s positive impact on both energy efficiency and environmental sustainability.

Integrating Smart Cities with LEDs

LED technology has seen its widest usage for testing in India’s smart cities. Adding to this, using integrated LED systems, cities such as Pune, Bhopal, and Surat are now able to manage the lighting for streets, buildings, and traffic intersections from one location. Moreover, the rising use of AI and IoT in these systems to detect flaws, observe energy use, and set the illumination based on real-time traffic.

So far, 1.5 million LED streetlights have been installed in 100 cities through the Smart Cities Mission, and future projects will put LEDs in parks, around footpaths, and in transit areas. More and more, LED lighting is working with surveillance cameras, emergency networks, and tools for pollution monitoring.

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New Technologies in Lighting: Li-Fi and Human-Centric Lighting

LED technology is moving forward with improved features, not just improved efficiency. Li-Fi and HCL are two major trends appearing in India’s advanced lighting sector.

Under MeitY’s collaboration, Li-Fi, which transmits information with light through LEDs, is currently being pilot tested. With this technology, secure and speedy transfer of data could be just as good as or better than current Wi-Fi, mainly in the military and healthcare sectors.

For instance, the Centre for Development of Advanced Computing (C-DAC), Chennai, under the Ministry of Electronics and Information Technology (MeitY), signed a Transfer of Technology (ToT) agreement for its cutting-edge technologies, NLOS VICINITY and ILLUMINATE, with Nav Wireless Technologies Pvt. Ltd on November 28, 2024. The agreement was formalized at Electronics Niketan, New Delhi, by Dr. D. Ethirajan, Scientist F and Centre Head, C-DAC Chennai, and Sh. Hardik Raval, Head of the Embedded Department at Nav Wireless Technologies Pvt. Ltd.

India’s LED Revolution Shines Bright

India’s LED lighting industry is growing rapidly because of improved laws, new technologies, and a focus on sustainability. The rise of quality and efficiency is thanks to government programs, including BIS standards, e-waste compliance, and the adoption of smart city solutions. The Make in India initiative is encouraging India to be self-reliant and send its exports worldwide. As the industry keeps improving and regulators promote progress, it will help create a greener and smarter future.

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Home Shopping Market Research Report (2021-2027) | UnivDatos

Global Home Shopping Market is expected to reach the market valuation of USD 9.4 trillion by 2027 expanding at a reasonable CAGR of 17.9% during the forecast period (2021-2027) from USD 3 trillion in 2020. Home Shopping channel includes television-based shopping, e-commerce, and telephonic shopping companies. Improved internet connectivity and increased adoption of smartphones have positively impacted the virtual shopping market.

Various factors driving the global Home Shopping market include the emergence of secured payment methods, enhanced internet quality, convenient free home delivery service along with lucrative offers. Furthermore, rising interest of people for online shopping through e-commerce platforms such as flipkart.com, eBay.com, and Amazon.com is also anticipated to drive the market. In 2016, Amazon launched, Amazon Pantry for customers. Using Amazon Pantry, customers can now shop for over 4,000 everyday essentials such as groceries and household products on the website and mobile. Amazon Pantry comes with guaranteed next day delivery in India. Men are more than twice likely to make purchases online, compared to women, with 14% of men reporting to do so, while only 6% of woman reported doing so.

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Due to COVID-19, the home shopping market has enhanced globally. Owing to the global pandemic Covid-19 many countries were observing lockdown, which compelled the businesses to shift towards online platforms, to cater to the increasing demand for e-commerce sales. For instance, online sales in Denmark increased in 2020 due to COVID-19. Also, online shops observed a 10% increase in sales. Global retail e-commerce traffic recorded 22 billion visits in June 2020 with increased demand for household goods such as clothing, retail tech items, and groceries. COVID-19 is expected to have a long-term impact on the e-commerce and retail industry across the globe.

Based on the product type, the global home shopping market is fragmented into groceries, apparels & accessories, footwear, personal & beauty care, furniture & home decor, electronic goods, and others. Further, the report also studied through market type such as teleshopping, e-commerce and mobile shopping and others. The e-commerce and mobile segment dominated the market in 2020. It is anticipated to maintain its dominance during the forecast period owing to the lockdown in various countries across the world due to COVID-19 outbreak, grocery segment has observed an increase in overall sale through online platforms. Amid the pandemic, more than 10 million of US consumers purchased grocery online for the first time. Online grocery sales grew 54% in 2020, compared to 2019 in the US.

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Additionally, the report provides detailed analysis of the overall adoption of home shopping in major regions including North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific with increasing number of smartphone user has the potential to become one of the largest markets for home shopping in near future. Amazon.com, Inc., Flipkart private limited, eBay Inc., Alibaba Group, Walmart, VGL group of companies, JD.com, Inc., Best Buy, The Home Depot, and Apple, Inc., are some of the prominent players operating in the global Home Shopping market. Several M&A’s along with partnerships have been undertaken by these to expand their business reach and product portfolio globally.

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Demand Response Management Systems (DRMS) Market : Growth Trends, Size & Strategic Insights (2024-2032) | UnivDatos

The post-COVID-19 EU power sector transformation aims to increase the penetration of clean energy and renew the electricity grid in Europe. Grid expansion plans for the years 2021-2030 are necessary not only to achieve the EU climate objectives but also to drive the development of the Demand Response Management Systems (DRMS) Market.

Investment and Funding of Neurological Disorders

The European Commission has presented a rather conservative investment scenario and forecasts for the annual grid investment of about €70 billion (USD 70 billion) for the 2021-2030 period. This financial commitment is supported by the Fit for 55 plan to reduce the emission of greenhouse gases to 55% of the 1990 level by 2030 from a previously proposed 40%. Targets this high require infrastructure improvement of the current grid which in most cases has deteriorated due to increased utilization by RES and EVs.

These investments are funded by several funding instruments set up in the EU. The funding instruments include the Connecting Europe Facility (CEF) has reserved €5.84 Bn for energy projects and introduced new priorities like offshore grids and hydrogen infrastructure. Moreover, private capital is anticipated to provide central funding for such upgrades while public money will be focused on the promotion of the modernization of the grid, although over longer-term projects.

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The developments in grid technologies

This expansion of the grid is, however, assumed against projected increased electricity consumption in the EU which is expected to increase by 60% by 2030. This growth requires a progressive change in the form of extending the over-centralized and rigid electricity system to a comparatively new more digitalized, decentralized, and flexible system. The push of millions of rooftop solar panels, heat pumps, and local energy communities will need improvements to the grid.

Key advancements include:

Increased Cross-Border Capacity: The cross-border transmission capacity reached 46 GW in 2014, and ENTSO-E estimated that the added capacity will be 87 GW in 2030. The extension of these frameworks will help achieve more energy exchange between the member states and will also increase the system's reliability.

Smart Grids and Digitalization: The EU Action Plan for the Grids also prioritises the implementation of a smart grid which may connect a lot of distributed electricity resources. This includes the installation of smart meters that can support new demand response technologies that will enable consumers to change their energy consumption patterns in response to signals from the utilities.

Cyber Resilience: This will remain so, especially given the integration of grids and the increasing dependence on digital technologies. EU’s plans, the sources show, include a strengthening of the electricity networks’ defense against cyber-attacks.

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Conclusion

Europe Union has ambitious grid interconnection plans for the period 2021 to 2030 which will transform the region’s power connectivity profile dramatically. These efforts place an estimated investment of €584 billion and are a good place to build from in improving the Demand Response Management Systems throughout Europe. The EU’s policies in support of technological progress and enhancement of consumers’ involvement are not only conducive to the attainment of the climate objectives but also in preparation for future loading in the energy system. The effectiveness or otherwise of the remaining outlined plans will therefore be determinant to the functionality of long-term sustainability and energy security in the region.

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Telecom Service Assurance Market: Size, Growth Trends & Forecast (2024-2032) | UnivDatos

According to the UnivDatos, the surge in demand for Telecom Service Assurance can be attributed to a multitude of factors, such as the growing incorporation of AI and ML technologies across various industries and the rising proliferation of 5G networks are some of the major factors attributed to the upward trajectory of the global Telecom Service Assurance and as per their “Telecom Service Assurance Market” report, the global market was valued at USD 7,973.85 million in 2023, growing at a CAGR of 10.2% during the forecast period from 2024 - 2032 to reach USD 19,111.86 million by 2032. 

Broadcom Inc., a leading semiconductor and infrastructure software company, has played a significant role in the development of telecom service assurance technology. Telecom service assurance is a critical aspect of the telecommunications industry, focusing on ensuring the quality and reliability of communication services provided to customers. Broadcom's contributions to this field have been instrumental in shaping the industry's landscape.

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Products in Telecom Service Assurance Segments

StrataGX:

A family of network processors that provide high-performance, scalable, and secure processing for network infrastructure and service assurance applications.

Broadcom Silicon:

A range of semiconductor products, including Ethernet controllers, switches, and PHYs, enable high-speed, low-latency, and reliable connectivity for telecom service assurance applications.

CA Technologies:

A suite of software solutions, including CA Unified Infrastructure Management (UIM) and CA Network Operations Analytics (NOA), which provide network monitoring, analytics, and automation capabilities for telecom service assurance.

Test and Validation Solutions:

A range of products and tools, including Broadcom's PacketStorm and IxVeriWave, enable network operators to test, validate, and optimize their networks for optimal service assurance.

Collaborations and Partnerships

Broadcom has developed partnerships with various industry players to enhance its telecom service assurance offerings. Some notable collaborations include:

·       Collaboration with Cisco: Broadcom and Cisco have worked together to integrate Broadcom's network visibility and performance management solutions with Cisco's networking products, providing a seamless end-to-end solution for telecom service providers.

·       Partnership with Nokia: Broadcom has partnered with Nokia to deliver solutions for network performance monitoring and optimization, enabling telecom service providers to improve network reliability and customer experience.

·       AT&T: Broadcom's network visibility and performance management solutions have been deployed by AT&T to improve the performance and reliability of its telecom network.

·       Verizon: Verizon has integrated Broadcom's broadcast analytics and service assurance analytics solutions to enhance its video and data streaming services.

·      Deutsche Telekom: Deutsche Telekom has leveraged Broadcom's network performance management solutions to optimize the performance of its 5G network and improve customer experience.

Consumers Served

Broadcom's telecom service assurance products and solutions serve a diverse range of customers, including:

·       Network Operators: Telecom operators, such as AT&T, Verizon, and Vodafone, rely on Broadcom's products and solutions to ensure the quality and reliability of their communication services.

·       Equipment Manufacturers: Network equipment manufacturers, such as Cisco, Juniper, and Huawei, use Broadcom's products and solutions to develop and deploy their own telecom service assurance offerings.

·       System Integrators: System integrators, such as Accenture and IBM, leverage Broadcom's products and solutions to deliver tailored telecom service assurance solutions to their customers.

Recent Developments

Broadcom has made significant advancements in the telecom service assurance segment in recent years. Some notable developments include:

5G-Ready Solutions: Broadcom announced its 5G-ready service assurance solutions, designed to support the rollout of 5G networks and ensure optimal service quality.

AI-Driven Analytics: Broadcom introduced AI-driven analytics capabilities in its CA Technologies portfolio, enabling telecom operators to gain deeper insights into network performance and optimize service assurance.

Cloud-Native Solutions: Broadcom launched its cloud-native service assurance solutions, designed to support the shift to cloud-based networks and provide scalable, on-demand service assurance capabilities.

Click here to view the Report Description & TOC: https://univdatos.com/reports/telecom-service-assurance-market

Broadcom Strategic Outlook

Broadcom's short-term strategy in the telecom service assurance industry is to continue expanding its portfolio of solutions and strengthening its partnerships with leading telecom service providers. The company is focused on leveraging its expertise in semiconductor technology and network analytics to deliver innovative solutions that address the evolving needs of the telecom industry.

In the long term, Broadcom's strategy is to position itself as a comprehensive provider of telecom service assurance solutions, enabling telecom service providers to effectively manage and optimize their networks, improve customer experience, and stay ahead of the competition. The company is also exploring opportunities to expand its presence in emerging telecom technologies, such as 5G and edge computing, to ensure its solutions remain relevant and cutting-edge.

Conclusion

In conclusion, Broadcom's leadership in the telecom service assurance industry and its continued investment in product development, partnerships, and customer engagement have positioned the company as a key player in the evolving telecom landscape.

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Automotive Fan Clutch Market : Trends & Insights (2023-2030) | UnivDatos

According to the UnivDatos, the development of advanced technologies would massively transform the global scenario of automotive actuators and as per their “Automotive Fan Clutch Market” report, the global market was valued at USD 11.2 Billion in 2022, growing at CAGR of 5.5% during the forecast period from 2022 - 2028 to reach USD billion by 2028.

In the world of automobiles, efficiency and performance are key factors for both drivers and manufacturers. One critical component that plays a significant role in maintaining engine temperature and optimizing fuel economy is the automotive fan clutch. Despite its relatively inconspicuous appearance, this ingenious device acts as a silent guardian, silently working to keep your engine cool and your driving experience smooth. In this article, we'll dive into the workings of the automotive fan clutch, its importance, and how it contributes to the overall efficiency of your vehicle.

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Understanding the Automotive Fan Clutch:

A fan clutch is an essential part of the engine cooling system. It is usually mounted on the water pump and is responsible for controlling the operation of the cooling fan. The cooling fan's primary function is to draw cool air through the radiator, dissipating heat generated during the engine's combustion process.

The Mechanism Behind the Fan Clutch:

The fan clutch operates on a clever principle of thermal reactive engagement. It contains a bimetallic coil, which expands or contracts based on the temperature of the engine. When the engine is cool, the coil contracts, allowing the fan clutch to disengage the cooling fan partially or entirely. This reduces the load on the engine, enhancing fuel efficiency. As the engine temperature rises, the coil expands, engaging the cooling fan to increase airflow through the radiator, cooling down the engine.

Importance of the Fan Clutch:

Fuel Efficiency: By controlling the cooling fan's engagement, the fan clutch prevents unnecessary power loss, improving fuel economy and reducing emissions.

Engine Longevity: Proper engine cooling is vital for its longevity and performance. The fan clutch ensures that the engine remains at an optimal temperature, reducing the risk of overheating and potential damage.

Enhanced Performance: When the fan clutch disengages the cooling fan, the engine has access to more power, leading to improved performance and responsiveness.

Types of Fan Clutches:

There are two main types of fan clutches commonly used in automotive applications:

Thermal Fan Clutch: This is the traditional type of fan clutch that operates based on the engine's temperature. It is efficient but not as adaptable as the newer, electronically-controlled clutches.

Non-thermal-fan Clutch: Modern vehicles are equipped with electronic fan clutches that utilize sensors and the engine control unit (ECU) to monitor temperature and make precise adjustments. This results in better control over the fan's engagement and improved fuel efficiency.

Diagnosing Fan Clutch Issues:

Like any automotive component, fan clutches can develop problems over time. Some common symptoms of a failing fan clutch include:

·      Excessive engine noise, especially during acceleration or at higher speeds.

·      Engine overheating, especially in traffic or during prolonged idling.

·      Decreased fuel efficiency and overall engine performance.

·      A visibly loose or wobbly fan.

If you encounter any of these issues, it's crucial to have your vehicle inspected by a qualified mechanic to determine if the fan clutch requires replacement or repair.

Maintenance and Care:

Maintaining the fan clutch is relatively straightforward. Regular engine maintenance, including coolant flushes and replacing worn-out belts, can contribute to the fan clutch's longevity. Additionally, it's essential to inspect the fan clutch during routine service intervals to catch any potential issues early on.

Click here to view the Report Description & TOC: https://univdatos.com/reports/automotive-fan-clutch-market

Upgrading to Electronic Fan Clutches:

If your vehicle still relies on a traditional thermal fan clutch, upgrading to an electronic fan clutch can offer several benefits. Electronic fan clutches provide more precise control, responding quickly to temperature changes, and optimizing engine performance and fuel efficiency.

Conclusion:

In the intricate world of automotive engineering, the humble fan clutch plays a crucial role in maintaining engine temperature, efficiency, and overall performance. While often overlooked, its presence is a testament to the level of attention and detail that goes into making our vehicles more reliable and fuel-efficient. Whether you have a vintage car or a modern marvel, understanding and caring for your automotive fan clutch is essential to ensure a smooth and efficient driving experience for years to come. Contact UnivDatos a rapidly growing dynamic market research firm led by a core of dedicated professionals for further information.

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Petroleum Coke Market: Trends, Size, and Competitive Analysis (2022-2028) | UnivDatos

Global Petroleum Coke Market is expected to grow at a significant rate of around 6% during the forecast period. Petroleum coke is obtained as the final solid material during the refining of the crude petroleum product. Petroleum coke is used in a variety of applications such as power generation, mixing material for aluminum & other metals, construction, and others. Furthermore, the increasing demand for steel owing to the development of highways, railways along with growing usage in the automotive, and construction industries is further expected to propel the demand for petroleum coke in developing countries such as India, China, Brazil, and Mexico, among others

The petroleum coke market is expected to grow at a significant rate owing to rapid industrialization coupled with the growing demand for electricity generation along with the increasing demand for high-carbon steel from the construction industry. Furthermore, the use of petroleum coke can reduce coking coal use by 16% at a 1% net reduction in energy efficiency. Petroleum coke is also used for fertilizer production where the pet is gasified to produce urea ammonia nitrate and ammonia which is then used to produce different fertilizers.

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Based on type, the petroleum coke market is segmented into fuel grade and calcined coke. The fuel grade shows a higher market share in the year 2021 and is expected to remain the same during the forecast period owing to its use in cement kilns and for electricity generation due to the lower operational cost and higher calorific value. Furthermore, calcined coke is used as an important component for aluminum production. However, the increasing infrastructural development in developing countries will propel the petroleum coke market for the fuel grade segment.

Based on the application, the petroleum coke market is divided into aluminum & other material, storage, steel, power, and others. The aluminum & other material segment shows a significant growth in the market and is expected to remain the same during the forecast period due to the infrastructural development such as railways, commercial & residential buildings as well as increasing demand from steel and aluminum industries.

APAC to witness extensive growth

For a better understanding of the market adoption of the Petroleum Coke industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), LAMEA (Saudi Arabia, U.A.E., Mexico, Brazil, and Rest of the LAMEA). APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the higher urbanization and increasing demand for petroleum coke derivatives including high carbon steel, cement, and others. Moreover, wide expansion in the field of construction and transportation is further expected to support the market growth. In addition, the rising demand for electricity across the world is expected to catalyze the need for petroleum coke to mitigate the shortage of the low supply and power failure. Also, the investment in aluminum and cement industries and increasing demand for aluminum are expected to derive the market in the future. For instance, Indian Oil corporation limited has invested INR 20,000 crore to set up a petroleum coke gasification plant at its Paradip refinery in Odisha.

According to UnivDatos, the key players with a considerable market share in the market are Saudi Arabian Oil Co., Indian Oil Corporation Limited, Royal Dutch Shell Plc, Valero Energy Corporation, Phillips 66 Company, BP p.l.c., ExxonMobil Corporation, Essar Oil Ltd., Marathon Petroleum Corporation, and Oxbow Corporation.

Click here to view the Report Description & TOC: https://univdatos.com/reports/petroleum-coke-market

“Global Petroleum Coke Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.  

Market Segmentation:

1.     By Type (Fuel Grade and Calcined Coke)

2.     By Application (Aluminum & other material, Cement, Storage, Steel, Power, and Others)

3.     By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)

4.     By Company (Polaris Inc., Honda Motor Co. Ltd., Textron Inc., Kawasaki Heavy Industries Ltd., Yamaha Motor Co. Ltd., Suzuki Motor Corporation, Deere & Company, Bombardier Recreational Products Inc., KWANG YANG MOTOR CO. LTD., and Hisun Motors Corp.)

Key questions answered in the study:

1.     What are the current and future trends of the global petroleum coke industry?

2.     How the industry has been evolving in terms of type, drive type, and application?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global petroleum coke industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global petroleum coke suppliers across various region and countries?

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Exoskeleton Market Size, Growth Trends & Forecast (2021-2027) | UnivDatos

According to UnivDatos, research report “Exoskeleton Market”, the market is expected to witness an astronomical CAGR of around 35% during the forecast period 2021-2027F. This can be mainly attributed to increasing in government funding coupled with the rising number of healthcare getting involved in discovering new exoskeleton frames and therapies, including exoskeleton. As per the World Health Organization’s data estimates published in February 2021, approximately 1.71 billion individuals across the globe suffer from musculoskeletal disorders.

The exoskeleton is an external frame/skeleton that supports the body to help a person overcome an injury. These skeletons are generally regulated as devices and robots. The growth in motor accidents falls, and day-to-day accidents expand the global market for the exoskeleton. Market growth will also be navigated by an increase in R&D and the development of more complex formulations such as many therapies and external frames. Therefore, the constantly evolving exoskeleton industry is driving market players to devise innovative product development strategies to boost the adoption rate and activate the market revenue.

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Based on Body Part Type, the exoskeleton market is segmented into a lower, upper, and full body. In 2020, the Lower body category dominated the market and is expected to maintain its dominance throughout the forecast period. This is mainly due to the rising lower body disabilities and growth rates of exoskeleton products by paralyzed geriatric population coupled with unhealthy lifestyles and hormonal imbalance across the globe.

Based on End User, the market is bifurcated into healthcare, military, industrial, and others. During the forecast period, the healthcare category is expected to witness robust growth mainly due to the rising adoption of robotics technology for effective rehabilitation therapy. The exoskeleton eases leave, and work-related injuries, reducing medical expenses, and lawsuits. This is due to diverse regulatory, economic, and cultural environments. For instance, in April 2016, Ekso Bionics received U.S. FDA approval for clinical use of Ekso GT Robotic which was widely used in rehabilitation centers in treating patients with spinal cord injuries and hemiplegia. Moreover, increasing technological advancements in developing countries of the world and the entry of various tech start-ups in the sector are further fueling growth in the market.

Asia-Pacific is expected to witness the highest growth

Based on regions, the report provides a detailed analysis of the overall demand for exoskeletons for major regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. The growing aging population coupled with the presence of major healthcare companies in the region would increase the development of robot devices and support frames for the treatment of disabilities in countries such as India, China, and other developing Asian countries.

According to UnivDatos, the key players with a considerable market share in the exoskeleton market are Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc.

These companies are investing heavily in Exoskeleton reagents and assay kits to help research organizations in their studies.

§ In September 2020, Ekso Bionics launched a flexible and high endurance upper-body exoskeleton, EVO, to reduce back muscle strains and shoulder fatigue. EVO may enable the company to improve its product quality and attract several consumers. It can help Ekso Bionics to boost its brand image.

§ In June 2021, SuitX launched ShieldX which is used by health workers wearing heavy anti-radiation aprons who are prone to suffering from neck & back problems. Similarly, in May 2021, Roam Robotics announced the launch of Ascend, which is a robotic partial knee orthosis used by wearers to reduce knee pain and regain mobility.

“Exoskeleton Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.    

Click here to view the Report Description & TOC: https://univdatos.com/reports/exoskeleton-market

Market Segmentation:

1.     By Type (Powered, Passive)

2.     By Body Part Type (Lower, Upper, Full body)

3.     By Mobility (Mobile Exoskeleton, Stationary Exoskeleton)

4.     By End User (Healthcare, Military, Industrial, Others)

5.     By Region (North America, Europe, Asia-Pacific, Rest of World)

6.     By Company (Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc)

Key questions answered in the study:

1.     What are the current and future trends of the exoskeleton industry?

2.     How the industry has been evolving in terms of distribution channel and route of administration category?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the exoskeleton industry?

5.     What is the customer orientation, purchase behavior, and expectations from the exoskeleton product suppliers across various countries? 

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Caravan and Motorhome Market Scope, Trends, Size & Strategic Forecast (2023-2030) | UnivDatos

According to UnivDatos’ research report “Caravan and Motorhome Market”, the market is expected to witness robust growth during the forecast period (2022-2023).

Recreational vehicles with built-in living spaces are referred to as caravans and motorhomes. It majorly comprises travel trailers, fifth wheelers, expandable caravans, truck campers, campervans, etc. These vehicles are either self-propelled or can be pulled behind other vehicles. Caravan and motorhome are broadly used for outdoor travel, camping, cross-country travel, exploration, and adventure activities. They are equipped with various modern facilities and features. Caravans and motorhomes are adaptable, highly convenient and maneuverable and easy-to-drive vehicles. These vehicles also provide enhanced comfort, cost savings, and ease to navigate coupled with extended storage options and off-road capabilities.

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The Caravan and Motorhome market is expected to grow at a steady rate of around 8% owing to the rise in demand for recreational vehicles coupled with rapid growth in industrialization are fueling the growth of the global caravan and motorhome market. The upsurge in disposable income of consumers to spend on luxury, safety and best-in-class features vehicles is also one of the key features driving the growth of the market. For instance, In March 2021, Rev Recreation Group (RRG) introduced the new diesel-powered luxury motor coach, the 2021 American Dream 39RK, to add the luxury factor to recreational vehicles. Furthermore, technological advancements and innovation to improve the efficacy and efficiency of caravan and motorhome vehicles will boost the growth of the market during the forecast period.

Based on product type, the market is broadly segmented into caravan and motorhome. Caravans are further segmented into travel trailers, fifth-wheel trailers, folding camp trailers and truck campers. Similarly, motorhomes are further classified into Type A, Type B and Type C. Among them, the motorhome category is expected to offer lucrative opportunities for the growth and expansion of caravan and motorhome market during the forecast period owing to the increased customer preference towards recreational vehicles. Furthermore, motorhome is gaining popularity as these vehicles can be used in for daily driving purposes. One of the major factor contributing towards the growth of the motorhome category is the travelling utility and comfort. In addition, they fulfills maneuverability concerns for the solo, group and family travelers and campers. Caravan segment will also hold the significant CAGR during the period of forecast. Owing to the presence of large capacity of the trailers having built-in living spaces and convenient features like home. For instance, these recreational vehicles have water supply, kitchen, bedding space, electricity, etc. 

Based on end-user, the market is divided into direct buyers and fleet owners. Among them, the direct buyer segment held the maximum market share and is expected to maintain its position during the period of forecast owing to increasing per capita income of the individuals globally and growing millennial population is propelling the growth of the caravan and motorhome market. Furthermore, fleet owner’s category will hold the second largest CAGR during the forecast period due to shift in preference for renting recreational vehicles is driving the market growth. Adoption of such RV rental services is supported by decreased costs and rising availability of the vehicles.

Europe to witness extensive growth

For a better understanding of the market adoption of the caravan and motorhome industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific), Rest of World. Europe holds the major market share in caravan and motorhome market and is anticipated to grow at a substantial CAGR during the forecast period. Major reason for growth and expansion of this market in the region is inclination of buyers towards adding more value, comfort and features in their vehicles. Mobile applications connected to the car, providing information like amount of gas and water in the tank and battery capacity, are gaining popularity in the region.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the caravan and motorhome market are THOR Industries, Forest River, Inc, Winnebago Industries, Inc., Hymer GmbH & Co. KG, Bürstner GmbH & Co. KG, The Swift Group, Dethleffs GmbH & Co. KG, Knaus Tabbert AG, Jayco, Inc., and Triple E Recreational Vehicles.

“Global Caravan and Motorhome Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

Click here to view the Report Description & TOC: https://univdatos.com/reports/caravan-and-motorhome-market

Market Segmentation:

1.     By Product Type (Caravan and Motorhome)

2.     By End-User: (Direct Buyers and Fleet Owners)

3.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.     By Company (THOR Industries, Forest River, Inc, Winnebago Industries, Inc., Hymer GmbH & Co. KG, Bürstner GmbH & Co. KG, The Swift Group, Dethleffs GmbH & Co. KG, Knaus Tabbert AG, Jayco, Inc., and Triple E Recreational Vehicles.)

Key questions answered in the study:

1.     What are the current and future trends of the global caravan and motorhome market industry?

2.     How the industry has been evolving in terms of product type and end-user?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global caravan and motorhome market industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global caravan and motorhome market suppliers across various region and countries?

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Vacuum Gas Oil Market Scope, Trends, Size & Strategic Forecast (2024-2032) | UnivDatos

According to the UnivDatos, With the rising concerns over climate change and air pollution, there is a growing demand for cleaner and more sustainable energy sources. This has led to a shift towards technologies that can reduce emissions and improve energy efficiency, such as those developed by VGO startups. Additionally, government initiatives aimed at promoting renewable fuels and clean energy technologies are creating a favorable environment for market growth. As per their “Vacuum Gas Oil Market” report, the global market was valued at USD ~1.16 billion in 2023, growing at a CAGR of about 5.4% during the forecast period from 2024 - 2032 to reach USD billion by 2032.

The role of the USA in the petroleum industry has been enormous in the past due to its large reserves and developed refining facilities. This industry is divided into several segments, mainly the vacuum gas oil (VGO) market, which is important. VGO is one of the key feedstocks that when processed, yields valuable products such as diesel, gasoline, and jet fuel. In view of this, there is a need to optimize the VGO processing as the demand for these products increases. This blog acts to shed light on the growing market of gas oil in the United States, recapitulates certain startups that have been making great strides in the VGO business, and outlines how the government is promoting this important market’s developments.

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The Growing Demand for Gas Oil

The demand for gas oil in the United States is driven by several key factors:

Economic Growth and Industrial Activity: In the emerging economy of the United States, there is increased industrial production to push for growth, increasing the use of diesel and other types of gasoline. These fuels are used in moving goods via rail or other means, construction, and other activities that occur in industries.

Transportation Sector: The U.S. transportation sector is one of the biggest customers of diesel and gasoline blending. Due to the growing problems of transportation in internet-based markets and wholesale businesses, the global market for fuel-efficient and high-performance transportation fuels is gradually increasing in demand.

Environmental Regulations: The increased emphasis on environmental legislation is forcing refineries to focus their efforts on refining cleaner fuels. ULSD and other environmentally friendly fuels indefinitely mandatorily use VGO as feedstock in compliance with federal and state regulatory requirements.

Technological Advancements: Innovations in refining technologies have improved the efficiency and yield of valuable products from VGO. These advancements make VGO a more attractive feedstock for refineries aiming to optimize their operations.

US Vacuum Gas Oil Startups and Their Achievements

Carbon Clean Solutions: This startup has developed a proprietary technology for carbon capture, utilization, and storage (CCUS) in refineries. Their VGO treatment process reduces carbon emissions by up to 90%, making it a crucial player in the industry's sustainability efforts.

ClearSign Technologies: Known for its innovative ClearSign Core™ technology, this startup focuses on reducing emissions in VGO heaters and boilers. Their technology enables cleaner combustion, leading to lower emissions of NOx and CO2.

Cyclone Power Technologies: Specializing in green energy solutions, Cyclone Power Technologies has developed a Waste Oil VGO Generator that converts waste oil into electricity. This technology not only reduces waste but also provides a sustainable energy source.

Element 1 Corp: This startup has developed a hydrogen generation technology called the S-Series Hydrogen Generator, which can be used in refineries to produce hydrogen for desulfurization processes. Their technology offers a cost-effective and environmentally friendly alternative to traditional hydrogen production methods.

Omnitek Engineering Corp: Omnitek Engineering Corp is a leader in the development of natural gas engines and conversion kits for diesel engines. Their technology allows refineries to use natural gas as a fuel source, reducing emissions and operating costs.

Government Initiatives to Advance the Energy Sector in the U.S

Advanced Research Projects Agency-Energy (ARPA-E): ARPA-E is a government body that finances energy projects; some of the projects might concern VGO treatment and use. Outs customs have resulted in the formation of new generation technologies that form the current themes of the industry.

Department of Energy (DOE) Loan Programs: DOE provides funding opportunities such as loans to improve energy technologies and related infrastructures. These programs offer financial support to startups and companies that have been involved in the development of VGO-related solutions, expanding their capacity.

Renewable Fuel Standard (RFS): The RFS requires that renewable fuels, including its subcategory known as biofuels, be incorporated into transportation fuels. This has spurred the development of other raw material sources so as to cut ways from the dependence on VGO and other fossil products.

Energy Policy Act of 2005: This act contains provisions of showing some incentives to the development of renewable power and energy efficiency. It led to enhanced development of capital-intensive technologies particularly in the area of clean energy including the VGO technology.

Tax Incentives: The government offers various tax incentives for companies investing in renewable energy and energy efficiency projects. These incentives help reduce the financial burden on startups and encourage innovation in the energy sector.

Click here to view the Report Description & TOC: https://univdatos.com/reports/vacuum-gas-oil-market

Conclusion

In conclusion, the US VGO industry is experiencing rapid growth and innovation, thanks to the efforts of startups and government initiatives. With continued support and investment, the sector is poised to make significant contributions to the country's energy transition and sustainability goals.

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Automotive Steering System Market: Growth Analysis and Forecast (2021-2027) | UnivDatos

According to UnivDatos’ research report “Automotive Steering System Market”, the market is expected to witness a CAGR growth of around 5.0% during the forecast period 2021-2027F. Automotive Steering System Market is experiencing significant growth due to Increasing production and sale of vehicles owing to rising disposable income, Growing adoption of vehicle equipped with power steering, Stringent fuel efficiency norms to drive demand for electrically assisted steering systems and Rising consumer purchasing power and increased spending on luxury cars.

Autonomous driving (AD), connected cars, electrification of powertrain, and shared mobility (ACES) are the major trends that are mutually reinforcing developments in the automotive industry. These trends combined, are not only disrupting the automotive value chain, and impacting all stakeholders but are also major driver for the automotive industry. Increasing demand of vehicles owing to the overall increase in disposable income of consumers is the major factor driving the demand for steering system.

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China was the largest motor vehicle producer in 2020, the country produced more than 25.2 million passenger cars and commercial vehicles in the year. United states followed China to become the second largest producer of motor vehicles producing 8.8 million passenger cars and commercial vehicles in 2020. United States produced more commercial vehicles than passenger vehicles. Demand for steering system from China reached 28.12 million sets in 2016, including 24.42 million sets of steering system for passenger cars, the number is expected to reach 38 05 million sets by 2021.

However, Emergence of Fully Autonomous Cars, Low penetration of Power steering system in low end vehicles and High cost associated with power steering system are expected to be the major factors restraining the market growth. To add on, Growing per capita income in China and India, paired with road network development increase would provide growth opportunity for automotive sales in the Asia-Pacific region paired with Significant demand for lightweight and fuel-efficient vehicles in the European region would provide ample growth opportunity for the players operating in the steering system market to cater to the untapped market.

Based on Component, the Automotive Steering System Market is segmented into Hydraulic Pump, Steering Column, Steering Wheel Speed Sensor, Electric Motor. Major automotive manufacturers globally are leveraging autonomous driving systems to provide a seamless experience to automobile users.

Based on Technology, Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS), Hydraulic power steering (HPS), Manual Steering. In 2020, Electric Power Steering (EPS) dominated the market and is expected to witness significant growth during the forecast period. As per the US Department of Energy (DOE), in the ideal conditions, Electric Power Steering (EPS) increases fuel efficiency by 2-4%, reduce fuel consumption up to 6%, and decrease CO2 emissions by 8g/km. In addition, as per Nexteer estimation EPS systems have helped save almost 3 billion gallons of gas since 1999.

Based on Vehicle Type, the market is segmented into Passenger Vehicle, Light commercial vehicle, Heavy commercial vehicle. Owing to high production volume the Passenger Vehicle segment dominate the market and is expected to maintain its dominance throughout the forecast period. Asia/Oceania/Middle East dominated the sales of all vehicles with 51.4% share in 2020, compared to 48.1% in 2019.

Based on Sales Channel, the market is segmented into Supplies to OEM, Aftermarket. Automotive Steering System is majorly supplied to the OEMs. European, Japanese, American, Korean, and Chinese car manufacturers dominated the global dominate the automobile industry. In 2020, Toyota managed to produce about 10.5 million vehicles to become the second most valuable car manufacturing company behind Tesla.

Asia-Pacific dominates the market

Based on regions, the report provides detailed analysis for overall demand of Automotive Steering System for major regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. In China, the New Energy Automobile Industry Plan (2021-2035) targets 20% of vehicle sales to be ZEVs by 2025. In addition, the China Society of Automotive Engineers set a goal of over 50% EV sales by 2035. Hence, increased adoption of electric vehicle would propel the overall demand for Electronic power steering market in China.

According to UnivDatos, the key players with a considerable market share in the Automotive Steering System Market are Robert Bosch, Nexteer Automotive Group Limited, JTEKT Corporation, DENSO Corporation, NSK Steering Systems Co., Ltd., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., Cikautxo India Pvt. Ltd., Mitsubishi Electric Automotive America, Inc., Mando Corporation etc. These companies are investing heavily on Automotive Steering System to increase their customer base.

§ In August 2021: Nexteer Automotive expands the output capabilities of its pinion electric power steering (EPS) systems to meet the needs of heavier electric vehicles (EVs). Company’s new high-output options for DPEPS and SPEPS systems increase the steering capability by 12 to 20%, up to 14.5 kilonewtons (kN) for DPEPS and up to 12.5kN for SPEPS

§ In June 2021: Indian Auto component maker ANAND Group entered partnership with South Korea's Mando Corporation to cater to the growing electric vehicles segment in India. The new entity “ANAND Mando eMobility Pvt Ltd” would manufacture and market electric vehicle (EV) components for the two and three-wheelers

§ In September 2020: Schaeffler entered partnership with Robert Bosch Automotive Steering GmbH to expand its intelligent Rear Wheel Steering (iRWS) portfolio. Under the partnership, Schaeffler is providing mechatronic iRWS systems, and Bosch Automotive Steering is contributing software and electronics in the form of steering control units

§ In August 2019: Nexteer Automotive through “Dongfeng Nexteer Steering Systems (Wuhan) Co., Ltd.”, signed a joint venture agreement with Dongfeng Motor Parts and Components Group Co., Ltd. (Dongfeng Components), to start mass production of Single Pinion Assist Electric Power Steering (SPEPS) systems. This new JV is expected to increase Nexteer’s manufacturing footprint to 28 locations globally

Click here to view the Report Description & TOC: https://univdatos.com/reports/automotive-steering-system-market

“Automotive Steering System Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go to market strategies and identifying the blue ocean for its offerings.     

Market Segmentation:

1.     By Component (Hydraulic Pump, Steering Column, Steering Wheel Speed Sensor, Electric Motor)

2.     By Technology (Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS), Hydraulic power steering (HPS), Manual Steering)

3.     By Vehicle Type (Passenger Vehicle, Light commercial vehicle, Heavy commercial vehicle)

4.     By Sales Channel (Supplies to OEM, Aftermarket)

5.     By Region (North America, Europe, Asia-Pacific, Rest of World)

6.     By Company (Robert Bosch, Nexteer Automotive Group Limited, JTEKT Corporation, DENSO Corporation, NSK Steering Systems Co., Ltd., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., Cikautxo India Pvt. Ltd., Mitsubishi Electric Automotive America, Inc., Mando Corporation)

Key questions answered in the study:

1.     What are the current and future trends of the Automotive Steering System industry?

2.     How the industry has been evolving in terms of end-user demand and product category?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the Automotive Steering System industry?

5.    What is the customer orientation, purchase behavior, and expectations from the Automotive Steering System suppliers across various countries? 

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Ready-to-Drink Cocktails Market Size and Forecast Report (2024-2032) | UnivDatos

The U.S. beverage market demonstrates RTD cocktail products as its primary success story in this industry. RTD beverages have reshaped popularity as consumers see them as simple to use along with superior quality and lots of diverse flavor choices. RTDs first appeared in the market many years ago but their popularity started to soar after manufacturers adopted premium components alongside novel beverage designs.

The Rise of Premium RTDs

Ready-to-Drink Cocktails Market experienced growth because of various underlying causes. Alcoholic beverage consumers prioritize convenience coupled with premium quality alongside wellness-related options in their beverage choices. The RTD category delivers the perfect solution to consumer demands through its portable premium-quality cocktail packages suitable for both home and mobile use.

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Convenience and Quality

The RTD market experienced rapid growth during the COVID-19 pandemic because people needed substitute options for the traditional bar environment. RTD cocktail sales continue to maintain their high levels of popularity even though lockdown restrictions have ended. The public has learned that premium beverages from bars exist now alongside convenient serving formats.

Pernod Ricard declares convenience as the primary factor that drives success in the Ready-to-Drink market. Single-serve RTD cocktail production remains the sole business priority for the company which allows consumers to enjoy maximum portability alongside easy consumption.

Ingredients and Innovation

RTD's success traces back to businesses concentrating on using premium ingredients combined with premium flavors. Many brands leave artificial seasonings behind and choose real spirits together with natural juices and original taste creation while eliminating substandard distillates. The concentration on premium quality standards has eliminated widespread misconceptions about pre-mixed drinks compared to ones made individually.

Tip Top Proper Cocktails underlines the significance of cocktail education to its customers. People today desire more than basic speedy alcoholic experiences masked with artificial juices and sugar. Consumers seek cocktails that express clear flavors as they desire food-quality beverage options for their refined taste. Social Hour maintains cocktail quality standards by employing high-quality whiskey that prevents whiskey flavor dilution.

Packaging and Formats

Packaging selections have proven essential for RTD cocktails to achieve their commercial success. RTD alcohol manufacturers adopted individual-sized cans because they attach both mobility and safety features that appeal to the solitary drinking experience. The beverage market is moving past single-serve cans because producers now explore alternative formats including pouches and bottles as well as ice pops plastic balls and bag-in-box packaging.

Several packaging options within the RTD market make the classification available for a broad range of drinkers. RTD cocktails cover all customer segments because they range from family-size pre-mixed margaritas for value shoppers to premium canned offerings attracted by craft cocktail fans.

Click here to view the Report Description & TOC: https://univdatos.com/reports/ready-to-drink-cocktails-market

On-Premises Opportunities

Most RTD cocktail sales start from off-premises channels yet this market steadily expands into the on-premises sector. RTD cocktail offerings have become vital components in restaurants and bars because they help with employee shortages and provide standardized quality as well as streamlined service delivery.

Conclusion

The U.S. Ready-to-Drink cocktail market has experienced powerful changes because consumers seek quick and tasty beverages with premium attributes. Premier ingredients combined with distinctive packaging solutions and purposeful business alliances enabled RTD beverage labels to succeed in dual distribution through off-premises and on-premises channels. The category shows promising signs of progression which will maintain its active and important position within the U.S. beverage market.

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Luxury Goods Resale Market Forecast And Analysis (2024-2032) | UnivDatos

According to the UnivDatos, the increasing sustainability consciousness among consumers, affordability of the product, and increasing desire for unique items will drive the global scenario of the luxury goods resale market. As per their “Luxury Goods Resale Market” report, the global market was valued at ~USD 34 billion in 2023, growing at a CAGR of about 9% during the forecast period from 2024 - 2032 to reach USD billion by 2032.

The luxury second-hand goods market is growing due to changes in consumer behavior towards sustainability, value, and authenticity. This has been driven by mergers & acquisitions (M&As) within the sector, where the various dynamics have been taken to the next level. Key drivers such as mergers and acquisitions have played a pivotal role in the growth of the luxury goods resale market because, through them, firms have been able to extend their portfolio services and product lines and integrate advanced technology. Due to the changing consumer preference for sustainable and value-oriented luxuries, M&A shall continue to be a prominent strategy used by firms keen to control the luxury resale marketplace.

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Here’s a detailed overview of how M&A activities are shaping this market:

·       Sustainability Concerns: Customers, especially the millennials, are now being conscious of sustainable purchasing. This type of market helps in the circular economy as the longevity of luxury items is enhanced before it gets to the next owner.

·       Value Proposition: Luxury resale provides consumers some of the same apparels and accessories as the expensive apparels and accessories that some fancy brands provide at much a lower price tag than before thus causing luxury to be more attainable.

·       Uniqueness and Vintage Appeal: New and current collection items have different appeals to consumers because there are many individuals who prefer resale market products since the products are uncommon and some of them cannot be found in current collections.

·       Digital Transformation: As the products are sold through online stores, which are available in modern societies, marked improvements in technological advancement have improved market accessibility and market efficiency.

·       Enhanced Technology: Buying tech-savvy companies benefits established luxury brands that are not as technologically inclined to mesh new technology into core business ventures, enhance customer experiences by offering more secure and efficient forms of identification, employing artificial intelligence to recommend products, or enabling more efficient online transactions.

·       Logistics and Operations: Acquisitions can more prominently organize and coordinate the supply chain and sales channels and systems to connect to the authentication, inventory, and global shipping systems of acquiring companies.

·       Strengthened Brand Portfolio: A firm is able to consolidate its position in the market by making an acquisition of brands that will fit in a portfolio they offer services or products to their consumers.

·       Increased Market Share: Strategic acquisitions help companies quickly gain market share, outperform competitors, and establish a dominant presence in the luxury resale market.

·       New Customer Segments: M&A activities often result in the integration of diverse customer bases, enabling companies to tap into new demographics and enhance their market penetration.

Recent developments in the market are:

·       In April 2024, CAROUSELL acquired luxury bag reseller LuxLexicon in a bid to expand its presence in the luxury segment.

·       In December 2023, Coupang Inc., South Korea’s leading e-commerce platform, acquired Farfetch Holdings, a London-based online retailer for luxury goods, in a USD 500 million deal aimed at bolstering its clothing business, considered its weak spot.

·       In November 2023, U.S.-based Fashionphile, the leading resale e-commerce platform in pre-owned, ultra-luxury accessories, acquired the inventory, intellectual property assets, including domains, and other intangible assets of LXR Luxury Products International Inc., Groupe Global LXR Inc., and LXR Canada Inc. which are the operating subsidiaries of LXRandCO, Inc., the Montreal-based omnichannel retailer of authenticated, pre-owned luxury accessories. Earlier this month, the Subject Companies filed a notice of intention to propose the Bankruptcy and Insolvency Act (Canada).

·       In August 2023, London-based luxury resale platform Sign of the Times acquired certain assets of Cudoni, which collapsed into administration.

·       In March 2022, Vestiaire Collective SA, the leading global online marketplace for desirable pre-loved fashion, acquired Tradesy, Inc., the US pioneer in the fashion resale industry.

·       In December 2021, Luxury fashion firm Farfetch acquired resale specialist Luxclusif to become the “global platform for pre-owned luxury for consumers and industry partners.” 

With dignified applications, these approaches will hopefully burgeon the global luxury goods resale market in the upcoming years. However, the journey towards universal adoption of new approaches comes with challenges. Primary concerns include the safety implications associated with the consumer goods sector, which limit their accessibility. The consumer goods industry's evolution through innovative products undeniably transforms how we approach the market. The current trajectory is anticipated to continue to elevate, bringing hope to people worldwide.

Click here to view the Report Description & TOC: https://univdatos.com/reports/luxury-goods-resale-market

Conclusion

Despite the hurdles, the future of luxury goods resales is undeniably bright. A new dawn is breaking in the development of the innovative consumer goods industry. There's no denying that these products are transforming the way of operating the industry, bringing enormous varieties to the population worldwide.

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Game Based Learning Market: Size, Trends and Forecast (2022-2028) | UnivDatos

According to UnivDatos’ research report “Game Based Learning Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to constantly increasing disposable income coupled with the growing trend of gaming around the world.

Game-based learning incorporates the characteristics and principles of games into learning activities. Here, learning activities promote student engagement and motivation to learn. Components of game-based learning include points systems, badges, leaderboards, discussion boards, quizzes and classroom response systems. Playing the game encourages critical thinking and problem-solving abilities while providing learning opportunities to students.

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The game-based learning market is expected to witness a CAGR of around 21% during the forecast period owing to the growing trend of gaming coupled with the technological advancements in the game development industry. The growing prevalence of gaming across the globe and increasing adoption of cloud-based learning models in both developed and developing countries are boosting the market growth. For instance, according to exploding topics, there are approximately 3.09 billion active video gamers worldwide. Additionally, companies are moving to cloud-based models to take advantage of new technologies such as microlearning, augmented learning, and virtual reality. Additionally, cloud-based technology is gaining momentum in the education sector due to its low-cost and flexible teaching methods for students.

Based on component, the market is segmented into solutions and services. The solutions segment is expected to achieve a higher market share during the forecast period. The increasing implementation of modern and interactive teaching approaches for maintaining quality education is expected to drive the market during the forecast period. Furthermore, the introduction of tablets and smartphones for e-learning in schools and colleges around the world is expected to drive the market during the forecast period.

Based on deployment, the market is bifurcated into on-premises and cloud. The cloud segment is expected to grow with a significant CAGR during the forecast period. The growth of the cloud segment is mainly governed by factors, such as easy deployment, flexibility, and cost-effective pricing structure. Furthermore, the cloud enables project managers to synchronize and connect with multiple teams to get real-time information across the project sites. It has become the most preferred way to deploy learning games and is predicted to maintain its growth over the forecast period.

North America to witness extensive growth

For a better understanding of the market adoption of the game based learning industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is expected to lead the game-based learning market in 2021 and is expected to retain its domination throughout the forecast period. The rapid adoption of game-based learning solutions in the region is attributed to the growing integration of superior technology such as AI, AR/VR, and cloud technology. Furthermore, the presence of developed economies in the region such as The United States and Canada have advanced connectivity, which gives their citizens access to uninterrupted network connectivity which helps them to get seamless gaming experience is also expected to influence the market growth during the forecast period. In addition, the robust growth of the ICT sector in the region coupled with the presence of key players such as Schell games, Cognitive ToyBox Inc, is expected to elevate the market during the forecast period.

Click here to view the Report Description & TOC: https://univdatos.com/reports/game-based-learning-market

According to UnivDatos, the key players with a considerable market share in the Game Based Learning market are Kahoot, Frontier Developments plc, Mojang, BreakAway Games, Schell Games, Monkimun Inc, Smart Lumies Ltd, Cognitive ToyBox Inc, Paratus Knowledge Ventures Pvt Ltd, and Indusgeeks Solutions Pvt Ltd.

“Global Game Based Learning Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.       

Market Segmentation:

1.     By Component (Solutions and Services)

2.     By Deployment (On-Premises and Cloud)

3.     By End-User (Education, Consumer, Enterprises, and Governments.)

4.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.     By Company (Kahoot, Frontier Developments plc, Mojang, BreakAway Games, Schell Games, Monkimun Inc, Smart Lumies Ltd, Cognitive ToyBox Inc, , Paratus Knowledge Ventures Pvt Ltd, and Indusgeeks Solutions Pvt Ltd.)

Key questions answered in the study:

1.     What are the current and future trends of the global Game Based Learning industry?

2.     How the industry has been evolving in terms of component, deployment and end-user?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global game based learning industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global Game Based Learning suppliers across various region and countries?

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Global Specialty Tapes Market Size and Forecast (2024-2032) | UnivDatos

According to UnivDatos research report “Global Specialty Tapes Market”, the market is expected to showcase a growth of around 6% during the forecast period. The growing demand for high-performance adhesive for sealing and waterproofing applications in the increasing construction activities and utilization in the automotive and healthcare industries for its bonding and fastening properties are driving the market for specialty tapes.

The performance of the global specialty tapes market depends on the performance of several industries such as chemicals, packaging, healthcare, electronics, and construction. Specialty tapes are utilized in construction and industrial applications owing to their high-tensile strength. These tapes are also used in the automotive and healthcare industries owing to their bonding and fastening properties. Further, these tapes are resistant to various factors such as water, fire, and dust, among others, and are much stronger to hold heavy-weight objects and protect them from any type of damage. Various types of adhesives are used in the manufacturing of specialty tapes to offer additional characteristics. For instance, acrylic and rubber-based adhesives are utilized to produce the soundproof tape. Moreover, the growing healthcare industry coupled with the increasing use of specialty tapes due to its wide utilization in surgical containers, monitoring electrodes and other medical devices, covering wounds, fixing cover shields while surgeries are performed, cleaning in antiseptic rooms as well as for manufacturing of disposable infant and adult diapers is maintaining its strong demand. Additionally, the robust growth of the food & beverages sector due to fast urbanization, adoption of modern lifestyles, and growing need for hygienic & packed food would drive the specialty tapes market.

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Based on resin type, the market is categorized as acrylic, rubber, silicone, and others. Among these, acrylic held a considerable share in the specialty tapes market due to its favorable physical and chemical qualities, low cost, and applicability in a variety of end-use industries such as packaging, transportation, and healthcare. Further, they are more resistant to other solvents, chemicals, and water. Acrylic-based adhesive tapes are appropriate for both solvent and water-based technologies. Among all the resins used in the adhesive tapes sector, water-based acrylic adhesives are the least expensive.

Based on end-user, the market is categorized into electrical & electronics, healthcare, automotive, paper & printing, building & construction, and others. Among these, healthcare held a prominent share in the global specialty tapes market. The specialty tapes market is rising in healthcare due to the aging population, increased chronic illness incidence, and the high demand for in vitro diagnostics, hydrophilic films, transdermal patches, and oral dissolvable films. Also, the development of products such as disposable infant diapers, feminine hygiene products, and adult incontinence products all use specialty tapes.

Asia-Pacific accounted for a prominent share of the specialty tapes market

Asia-Pacific held a prominent share in the specialty tapes market owing to growing industries such as electric & electronics, healthcare, packaging, building and construction, and others. Also, the market growth can be attributed to the expanding automotive industry, in electric vehicles (Evs), specialty tapes are used for covering the gaps and for bonding purposes in the battery. Other prominent applications of such tapes in Evs are motor assembly, insulation, and wire harnessing. Moreover, increasing disposable income and rapid economic growth in the region are increasing the better-quality products, and improving the lifestyle is also fueling the market for specialty tapes.

According to UnivDatos, the key players with a considerable market share in the global specialty tapes market include Nitto Denko Corporation, LINTEC Corp., Avery Dennison Corporation, ADDEV Walco Inc., Saint-Gobain Performance Plastics, Scapa Group plc, Valmont Industries Inc., Nichiban Co. Ltd., Lohmann GmbH & Co.KG, and Ashland Global Holdings Inc. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Specialty Tapes Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Click here to view the Report Description & TOC: https://univdatos.com/reports/specialty-tapes-market

Market Segmentation:

1.     By Resin Type (Acrylic, Rubber, Silicone, and Others)

2.     By Backing Material (Polyvinyl Chloride, Woven/Non-Woven, Paper, Foam, Polypropylene, and Others)

3.     By End-User (Electrical & Electronics, Healthcare, Automotive, Paper & Printing, Building & Construction, and Others)

4.     By Region (North America (United States, Canada, and the Rest of North America), Europe (Germany, France, United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of the World)

5.     By Company (Nitto Denko Corporation, LINTEC Corp., Avery Dennison Corporation, ADDEV Walco Inc., Saint-Gobain Performance Plastics, Scapa Group plc, Valmont Industries Inc., Nichiban Co. Ltd., Lohmann GmbH & Co.KG, and Ashland Global Holdings Inc.)

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