Electronics and Semiconductors

Global Electronic Thermal Management Materials Market Estimated Share Will Grow with Rapid Pace by the End of the Financial Year 2028

January 11, 2022 julieroland1

The global electronic thermal management materials market size is expected to reach USD 10.04 billion by 2028 according to a new study by Polaris Market Research. The report “Electronic Thermal Management Materials Market Share, Size, Trends, Industry Analysis Report, By Type (Gap Fillers, Conductive Tapes, Phase Change Materials, Conductive Paste, Thermal Greases); By End-Use (IT & Telecom, Aerospace, Healthcare, Automotive, Consumer Electronics); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market demand for electronic thermal management materials is projected to witness growth over the forecast period owing to increasing demand for high-performing and efficient automated systems. Rising disposable income, growing demand for white goods, and increasing application in healthcare devices for improved and cost-effective services drive the growth of the market. The use of these thermal management materials has increased in the automotive and transportation sector owing to rising urbanization, technological advancements, and the development of autonomous vehicles.

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Asia Pacific dominated the global market for electronic thermal management materials in 2020 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the electronics sector support market growth in this region.

There has been increasing demand for electronic thermal management materials from industries such as consumer electronics, aerospace, and healthcare, thereby driving the market growth of the electronic thermal management materials in Asia Pacific. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.

Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen the market presence and gain market share. Some of the major market participants include Boyd Corporation, Henkel AG & Company, KGaA, the 3M Company, Wacker Chemie AG, Laird PLC, Parker Chomerics, Lord Corporation, Dr. Dietrich Müller GmbH, Honeywell International Inc, AI Technology, Inc, DuPont, European Thermodynamics Ltd., Darcoid company, and Marian Inc.

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Polaris Market Research has segmented the electronic thermal management materials market report on the basis of type, end-use, and region:

Electronic Thermal Management Materials Type Outlook (Revenue, USD Million, 2016 – 2028)

Gap Fillers
Conductive Tapes
Phase Change Materials
Conductive Paste
Thermal Greases
Others

Electronic Thermal Management Materials Product End-User Outlook (Revenue, USD Million, 2016 – 2028)

IT and Telecom
Aerospace
Healthcare
Automotive
Consumer Electronics
Others

Electronic Thermal Management Materials Regional Outlook (Revenue, USD Million, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
Latin America
- Brazil
- Mexico
- Colombia
Middle East & Africa
- Saudi Arabia
- South Africa
- Israel

Read :

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Business, Electronics and Semiconductors

Electrosurgical Devices Market Analysis, Segments, Major Geographies And Current Market Forecasts 2021 – 2028

December 15, 2021 julieroland1

The report “Global Electrosurgical Devices Market Growth 2021-2028” from PMR Market Research includes data and information about market structure and size. The purpose of this research is to give market knowledge and strategic insights to assist in decision making, making informed investment decisions, and identifying potential growth opportunities.

The research report adopts primary and secondary research approaches, resulting in a precise and accurate insight into the Electrosurgical Devices industry. To examine the segments and provide a fair assessment of their influence on the worldwide market, analysts utilized a top-down and bottom-up strategy. The study begins with a market overview, which includes a brief description of the industry’s current state as well as the major segments. It also lists the leading players in the global market.

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Electrosurgical Devices Market Forecast to 2028

A Porter’s five forces analysis and SWOT analysis are included in the research study on the global Electrosurgical Devices market, which empower to determine the market’s accurate trajectory. Such effective market analysis tools helps to identify market’s major drivers, restraints, risks, and market opportunities. In addition to this, the research report also features statistics for global market as well as different regional markets.

Market Segmentation

The report features in-depth segmentation and sub-segmentation of the target market. The executive summary of the Electrosurgical Devices market research provides a quick overview of the market. It discusses the key sectors and companies projected to shape the market in the coming years. The executive summary provides a non-biased view of the market. It describes how the market’s demand and supply will be affected by shifting demographics. It goes over the regulatory adjustments that are expected to change people’s buying behavior.

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COVID-19 Pandemic Impact Analysis

This Electrosurgical Devices market study discusses the impact of the COVID-19 pandemic on macro and micro aspects of business, hurdles encountered by each sector, and continuous efforts to turn this crisis into an opportunity. The research report also discusses government policies for recovering the economy in detail, in order to assist businesses in expanding or entering new markets, as well as introducing new products and services.

Competitive Analysis

This section of the research study focuses on the market’s leading players and competitive landscape. The Electrosurgical Devices market study provides a list of strategic efforts undertaken by companies in recent years, as well as those anticipated in the near future. The financial prospects of these companies, their research and development activities, and their expansion plans for the near future have all been noted by researchers. The global market research report is a serious endeavor to provide interested readers with a thorough view of the market.

Market participants such as Medtronic Plc, CONMED Corporation, Apyx Medical Corporation, B. Braun Melsungen AG, Johnson & Johnson (Ethicon), Bowa Electronic GmbH & Co. KG, Smith & Nephew PLC, Olympus Corporation, Utah Medical Products Inc., Boston Scientific Corporation, Applied Medical Resources Corporation, Karl Storz SE & Co. KG, Erbe Electromedizin GmbH, Cooper Companies, Inc., Arthrex Inc., KLS Martin Group, Richard Wolf GmbH, and Stryker Corporation.

Key Reason to buy this Electrosurgical Devices Market Research Report

It provides analytical data along with strategic planning approaches to help businesses make informed decisions.

The market’s dynamics, such as drivers, restraints, trends, and opportunities, are examined by researchers.

It provides a wealth of information on current events that will have an impact on the market’s overall performance.

It includes regional analysis of the global market as well as corporate profiles of various stakeholders.

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covid19, Electronics and Semiconductors

Electronic Thermal Management Materials Market Size, Global Business Trends 2021, Company

December 2, 2021 julieroland1

Share | Key Players

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Polaris Market Research has segmented the electronic thermal management materials market report on the basis of type, end-use, and region:

Electronic Thermal Management Materials Type Outlook (Revenue, USD Million, 2016 – 2028)

Gap Fillers
Conductive Tapes
Phase Change Materials
Conductive Paste
Thermal Greases
Others

Electronic Thermal Management Materials Product End-User Outlook (Revenue, USD Million, 2016 – 2028)

IT and Telecom
Aerospace
Healthcare
Automotive
Consumer Electronics
Others

Electronic Thermal Management Materials Regional Outlook (Revenue, USD Million, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
Latin America
- Brazil
- Mexico
- Colombia
Middle East & Africa
- Saudi Arabia
- South Africa
- Israel

Read :

https://www.abnewswire.com/pressreleases/bioanalytical-testing-services-market-size-worth-634-billion-by-2028-cagr-87-polaris-market-research_567742.html

https://www.abnewswire.com/pressreleases/food-dehydrators-market-size-worth-usd-353-billion-by-2028-cagr-69-exclusive-study-by-polaris-market-research_567746.html

Business, Electronics and Semiconductors

High Voltage Electric Heater Market Size, Recent Advancement & Scope Top Trends

November 2, 2021 julieroland1

The global High Voltage Electric Heater Market size is expected to reach USD 7.12 billion by 2027 according to a new study by Polaris Market Research. The high voltage electric heater is directly dependent on the sale of electric vehicles across the globe. To increase the adoption of thermal management in the passenger cars and other electric vehicles is to increase the number of charging stations. One approach is to install private charging points in buildings, condominium, public places, and driveways, which is already started in developed nations.

Charging infrastructure is mostly depending on local issues, such as national policy frameworks, regulations, deployments, fund mobilizations, public and private investments, and human resource to maintain that system in place. Government fiscal policies in the form of tax reliefs, fund allocation, and financial incentives, significantly boost up the adoption of electric vehicles.

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Automotive OEMs are investing in high potential heaters for electric vehicles. Though the size of the High Potential EV market is not yet large, OEMs are using the dynamic conditions, which are mainly driven by the political agenda. For example, in the current market environment of France, players making use of government financial incentives to bolster EV sales.

Therefore, OEMs will have advantage of first mover to increase their market share in the concerned market. High velocity is a key success factor for significant growth of High Voltage Electric Heater, which leads to investment in sales staff training, charging infrastructure and EV after-sales management, which leads the demand for High Voltage Electric Heater.

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Market participants such as BorgWarner Inc., Eberspacher Gruppe GmbH, Mahle GmbH, Woory Corporation, DBK David + Baader GmbH, Tutco Inc., LG Electronics Inc., Webasto SE, and Mitsubishi Heavy Industries Ltd. are some of the key players operating in the global market.

The companies are focusing on innovative thermal management systems to get recognition in the booming market. In line with this, the U.S based BorgWarner Inc., provider of thermal management in electric vehicles, in March 2020, announced to launch coolant heaters in India. This has two versions single plate and dual plate. Single plate is responsible for thermal management in both battery and cabin, while dual plate performs both tasks simultaneously, along-with more surface heat transfer. Both battery and cabin heaters offer power in the range of 3 to 9 KW for the input voltages of between 250 and 500 V with alternative 800 V for fast charging.

Electronics and Semiconductors

Electric Bed Market Overview, Trends Forecast Analysis By Top Manufactures

August 20, 2021 julieroland1

Electric Bed | 2021 Scope Of Current And Future Industry

The global electric bed market size is expected to reach USD 4.12 billion by 2028 according to a new study by Polaris Market Research. The report “Global Electric Bed Market Share, Size, Trends, Industry Analysis Report, By Product (Semi-automatic, Fully Automatic), By Application (General Bed, Intensive Care Bed, Bariatric Bed, Birthing Bed), By End-Use (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Others); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The electric bed allows the patient to adjust both upper and lower body positions with a self-adjustable height feature. They help in a variety of medical complaints and rapidly increase patient’s comfort. It offers several health benefits such as chronic pain, people with poor mobility, swelling, arthritis, acid reflux, and people with frequent cases of heartburn.

The market is driven by rising hospital admissions, owing to the recent surge in COVID-19 cases and sports injuries across the globe and technological advancements in the hospitals. According to the market statistics published by the U.S. Center for Disease and Control (CDC), around 30 million people take part in sports-related activities in the U.S. alone. Of this, individuals aged 15 to 20 accounted for around 2 million injuries and more than 30,000 hospital admissions per year.

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Technological advancements by the key companies operating in the market, over the few years, have been able to expand their portfolio of smart offerings. For instance, in November 2019, China-based smart products manufacturer, Xiaomi, expanded its smart product offering named 8HMilan, which is controlled with voice commands.

Xiaomi smart electric product is fully equipped with high-performance motors, which could be lifted independently, any of the angle could be adjusted, seamless gear limit, 0 to 60 degree back adjustment, 0 to 30-degree leg adjustment, and one can unlock more nodes. The operator can control the operation of the product with voice commands, and buttons.

Market participants such as Arjo, Medline Industries, Inc., Hill-Rom Services Inc., Paramount, Gendron Inc., Stryker, Malvestio Spa, Invacare Corporation, LINET, and Midmark India Pvt. Ltd. are some of the key players operating in the concerned market. Market players in the industry are focusing on commercializing their products by emphasizing innovative features.

For instance, in October 2020, the U.S.-based medical equipment manufacturer introduced a new line of electric cots in the market under the brand name “ProCuity”. A portfolio of offerings under this brand is completely wireless products equipped with full-proof patient monitoring features. It helps in reducing patient falls, allows nurses to efficiently monitor cot-ridden patients, and patients can effectively rotate the cots in different positions.

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Polaris Market research has segmented the electric bed market report on the basis of product, application, end-use, and region:.

Electric Bed, Product Outlook (Revenue – USD Million, 2016 – 2028)

Semi-automatic
Fully-automatic

Electric Bed, Application Outlook (Revenue – USD Million, 2016 – 2028)

General Bed
Intensive Care Bed
Bariatric Bed
Birthing Bed
Others

Electric Bed, End Use Outlook (Revenue – USD Million, 2016 – 2028)

Hospitals & Clinics
Reproductive Care Centers
Dentistry
Others

covid19, Electronics and Semiconductors

Electric scooter Market Size, Recent Advancement & Scope Top Trends

August 19, 2021 julieroland1

Electric scooter | 2021 Scope of Current and Future Industry

According to a new research published by Polaris Market Research the electric scooter market is anticipated to reach over USD 51,324 million by 2026. In 2017, the retro product segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

Several stringent vehicular emission norms passed by governments worldwide have boosted the adoption of electric scooters. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce fuel consumption further support the growth of this market. Additionally, the increasing acceptance and high success rates of electric cars have encouraged market players to apply similar technologies in the two wheeler segment and optimize performance. Increasing investments by vendors in technological advancements coupled with decreasing prices of Li-ion batteries and powertrain components would reduce the overall cost of these vehicles in the coming years, further boosting the market growth.

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The demand for electric scooters has increased significantly over the years owing to increasing prices of gasoline across the globe. The exponential growth in the prices of gasoline and diesel owing to the depleting fossil fuel reserves has encouraged consumers to switch to electric scooters. Limited availability of public charging infrastructure for electric vehicles has limited the adoption of these vehicles in the past. However, with significant government initiatives and substantial investments, the development of public charging infrastructure has accelerated significantly.

Governments all across the world are taking initiatives to promote the adoption of electric vehicles. Countries such as China, India, France, and the U.S. have invested significantly in the development of charging infrastructure to support market growth. Governments have also introduced stringent regulations regarding vehicular emissions to encourage the use of electric vehicles. In 2016, Canada invested $62.5 million to support electric vehicle (EV) and alternative fuel infrastructure. It also aims to invest $16.4 million for development of more than 80 new charging units for electric vehicles, along with development of natural gas and hydrogen refueling stations along key transportation corridors. In August 2012, the Government of India approved an investment of 230 billion rupees in the development of electric and hybrid vehicle production and aims a target of 6 million vehicles by 2020. These initiatives by the government are expected to accelerate the adoption of electric vehicles in the coming years.

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and rising environmental concerns drive the market growth in the region. The increasing population of vehicles and adoption of vehicular emission standards of the U.S. and European Union by Asia-Pacific countries further promotes the adoption of electric scooters. Development of public charging infrastructure further supplements growth in the region. Local players are introducing low cost electric scooters with high performance. Numerous key players have adopted partnership and expansion strategies to increase their market share in electric scooter markets of the Asia-Pacific region.

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The different battery types used in electric scooters include lead-acid, li-ion, NiMH, and others. In 2017, the lead-acid segment accounted for the highest market share. Lead-acid batteries are commonly used as a source of battery in electric scooters. They are comparatively cheaper than other batteries but offer low kilowatt-hours of energy storage per kilogram of weight. These batteries are inexpensive, reliable, and safe. However, these batteries offer low specific energy, short life cycle, and poor cold-temperature performance, which restrict its use in major applications. These batteries could be easily replaced by lithium-ion batteries in the coming years, however, automakers use it in vehicles owing to its low cost.

The well-known companies profiled in the report include Honda Motor Co. Ltd., Brammo, Inc., AllCell Technologies, LLC, Mahindra GenZe, Terra Motors Corporation, Yamaha Motor Company Limited, Suzuki Motor Corporation, KTM AG, Peugeot Scooters, Jiangsu Xinri E-Vehicle Co. Ltd., Green Energy Motors Corp., and BMW Motorrad International among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Business, Electronics and Semiconductors

Active Electronic Components Market Analysis, Impact of COVID-19 on Sales, Business Opportunities in 2021

July 5, 2021 julieroland1

The global Active Electronic Components Market is anticipated to reach around USD 519 billion by 2026 According to a new research published by Polaris Market Research. In 2017, the consumer electronics segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Active Electronic Components market.

The increasing demand for active electronic components from consumer electronics and wearables, and rising penetration of smart devices drives the growth of the market. The expanding global automotive industry, along with increasing demand from the healthcare sector increases the demand for active electronic components. The rising adoption of MEMS and NEMS technologies, and IoT further boosts the demand of active electronic components. Other factors driving the market growth include growing modernization of automobiles, technological advancements, and adoption of smart technologies. New emerging markets, emerging consumer demographics, and increasing demand from diversified industries would provide growth opportunities for Active Electronic Components market during the forecast period.

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In 2017, North America accounted for the highest share in the Active Electronic Components market. The primary factors driving the Active Electronic Components market growth in the region include rising demand for security systems and business intelligence, increasing demand for consumer electronics, technological advancements, and high investment in R&D. The rising sale of luxury and modernized vehicles, increasing development of smart cities, and growing adoption of connected devices and IoT further increases the demand of active electronic components in the region.

The leading companies profiled in the Active Electronic Components Market report include Infineon Technologies AG, NXP Semiconductors N.V., Toshiba Corporation, Analog Devices, Inc., Texas Instruments, Inc., Hitachi AIC Inc., Panasonic Corporation, Diotec Semiconductor AG, Renesas Electronics Corporation, and Fairchild Semiconductor International, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Business, Electronics and Semiconductors

Engineering R&D Services Outsourcing Market Is Expected to See Huge Growth. Latest Research Report, Forecast

July 1, 2021July 1, 2021 julieroland1

Global Engineering R&D Services Outsourcing Industry: Set to Witness Huge Growth by 2028

Global engineering R&D services outsourcing market is anticipated to reach more than USD 650 billion by 2025 according to a new report published by Polaris Market Research. The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies. The traction of offshore outsourcing can be seen owing to the low cost and added capabilities from the service providers.

There are dedicated ER&D service providers which are not only providing basic services but also, they are jointly investing with the companies to expand their businesses in growing markets and geographies. Companies are also focusing on expanding their market reach along with faster turnaround times from these providers. These are some of the major advantages for the companies to outsource their services.

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The market for ER&D services has evolved from outsourcing of simple low-cost engineering services to capacity augmentation. At present companies are focusing more on reduced timelines, increased productivity and quality of outsourcing services. Countries such as India, China are among the biggest markets for ER&D service providers. Growing number of engineering professionals every year coupled with low cost of service have pushed the market for ER&D Outsourcing in this region.

Companies in North America and Europe are considered to spend more on these services however, Asia Pacific is the largest market for the ER&D service providers. Countries such as India and China have pushed the market for ER&D and are estimated to continue the trend over the forecast period. Applications in the automotive, telecom, consumer electronics and aerospace segments is considered to have large market share in 2017

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There has been an increase in adoption in the offshore services as compared to onsite service due to low costs and highly skilled professionals on the offshore locations. The offshore outsourcing type would grow at a higher rate during the forecast period as compared to its counterpart. The major restrains this market is facing is the intellectual property theft specifically during the offshore outsourcing. This is the major problem faced by many companies, which eventually generates a loss for these companies. However due to strict laws and changing regulations, this challenge is expected to overcome during the forecast period.

Major players which are profiled in the study include HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH, ASAP Holdings GmbH, FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among others.

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Business, Electronics and Semiconductors

Fuel Cell Market SWOT Analysis, Growth Rate of Top Manufacturers Profiles

June 28, 2021 julieroland1

The report ‘Fuel Cell Market Share, Size, Trends, & Industry Analysis Report, By Type (Solid Oxide Fuel Cells, Phosphoric Acid Fuel Cells, Proton Exchange Membrane Fuel Cells, Molten Carbonate Fuel Cells); By Application; By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the stationary application segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period. The global fuel cell market is estimated to reach USD 13.71 billion by 2026 growing at a CAGR of 17.5% during the forecast period, according to a new study published by Polaris Market Research

Government regulations and favorable public initiatives regarding energy consumption have boosted the adoption of fuel cell. Growing concerns regarding environment, increasing demand for unconventional energy sources, and increasing adoption of power efficient energy systems further support the market growth. Additionally, higher efficiency offered by fuel cells as compared to other power generating systems, and growth in adoption of distributed power system would boost the market growth during the forecast period.

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Other factors supporting market growth include supportive government regulations, increasing awareness, adoption of green technologies, and technological advancements. Increasing investments by vendors in advancements in hydrogen storage, and increasing demand of fuel cell vehicles further boosts the market growth.

Asia-Pacific generated the highest revenue in the fuel cell industry in 2018, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the fuel cell market growth in the region. The governments in the region are investing significantly to promote the adoption of fuel Cell. The increasing application of fuel cells in commercial, and transportation sector further supports the market growth in the region. The increasing penetration fuel cell electric vehicles, and significant increase in power consumption accelerates the adoption of fuel cells in the region.

The Phosphoric Acid Fuel Cells (PAFCs) use liquid phosphoric acid, ceramic electrolyte and a platinum catalyst. PAFCs operate at a higher temperature, and are capable of handling small amounts of fuel impurities. PAFCs are used in high-energy demand applications, such as hospitals, schools, and manufacturing and processing centers. Solid Oxide Fuel Cell (SOFCs)

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are the highest temperature fuel cells, operating at about 1800 degrees Fahrenheit. SOFCs use a dense layer of ceramic as an electrolyte, a non-platinum catalyst, and are commonly fueled by natural gas. SOFCs can achieve electrical efficiencies of 50% to 60%, and 70%-80% in CHP applications. SOFCs are used in applications such as small residential auxiliary power units, and large-scale stationary power generators for buildings and businesses.

The well-known companies profiled in the report include Aisin Seiki Co. Ltd., Ceres Power Holdings PLC, Plug Power Inc., Panasonic Corporation, Ballard Power Systems, Inc., Nedstack Fuel Cell Technology, Horizon Fuel Cell Technologies, Intelligent Energy Limited, Mitsubishi Hitachi Power Systems, Ltd., and Toshiba Fuel Cell Power Systems Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Business, Electronics and Semiconductors

Off Road Motorcycle Market Recent Developments | Impact of Covid 19 Detailed Analysis

June 15, 2021 julieroland1

The Off Road Motorcycle Market is anticipated to reach 412 thousand units by 2026 according to a new research published by Polaris Market Research. In 2017, the recreation application dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the off road motorcycle market revenue during the forecast period.

The growing demand for sports and adventure activities, along with initiatives from private organizations to promote biking activities has boosted the adoption of off road motorcycles. The rising tourism activities, and growing disposable income of consumers further support the growth of this off road motorcycle market. Increasing investments by vendors in technological advancements, improving living standards, and growth in adoption of electric bikes would accelerate the adoption of off road motorcycles during the forecast period. Growing demand from emerging economies, and increasing demand from defense sector are expected to provide numerous growth opportunities for off road motorcycle market during the forecast period.

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The North America off road motorcycle market generated the highest revenue in 2017, and is expected to lead the global market throughout the forecast period. The growing trend of adventure sports in this region, and high purchasing power of consumers in countries such as U.S. and Canada drive the market growth in the region. The growing tourism industry in the region further supports market growth in the region. The growing demand from the defense sector is expected to boost the market growth in this region during the forecast period. Asia Pacific off road motorcycle market is expected to grow at the highest rate during the forecast period owing to increasing disposable incomes of consumers in India, China, Australia, and South Korea, and the flourishing tourism industry.

The leading companies profiled in the off road motorcycle market report include Husqvarna Motorcycles GmbH, TRS Motorcycles, Kawasaki Motorcorp, Alta Motors, Chritini Technologies, Ural Motorcycles, KTM AG, BMW Group, and ROKON International Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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