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Intelligent Network Market 2019 Industry Size and Share Evolution to 2026 by Growth Insight, Key Development, Trends and Forecast

With rising adoption of cloud-based network devices in telecommunications, the global intelligent network market is set to grow at a steady pace in the forecast period. Fortune Business Insights shares a detailed analysis in its report, titled “Intelligent Network Market Size, Share and Global Trend By Application (Information Cognition, Traffic Prediction and Classification, Resource Management, Network Adoption, Performance Prediction, Configuration Extrapolation), By End-User (Telecom Service Providers, Cloud Service Providers, Managed Network Service Providers, Others), and Geography Forecast till 2026”. How multiple factors will play an influential role in the market development is also contained in the report.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/intelligent-network-market-100759

An intelligent network (IN) refers to a telecommunications network that is independent of service. It means that intelligence components are inserted into computer nodes, distributing them throughout the network. The network operator is enabled to control and develop services more efficiently and effectively as a result. More importantly, new services can be placed quickly into the network and services can be customized to the consumer’s preferences.

Top Players Overview:

  • Cisco Systems Inc.
  • Huawei Technologies Co. Ltd.
  • Juniper Networks
  • Nokia Corporation
  • Hewlett Packard Enterprise
  • Orange S.A.
  • Tech Mahindra Limited
  • Colt Technology Services
  • Itential Sandvine
  • Netcracker Inc. 

Key Market Driver –

  • Rising market of network devices due to growing need of network based applications
  • Technological advancement in Next Generation Network (NGT) and Voice over IP services

Key Market Restraint –

  • Lack of skilled professionals to efficiently operate AI-based networking solutions may hamper the market growth

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Continuously Rising Demand for Cloud Computing Platforms to Boost the Market

Cloud computing solutions, particularly Internet of Things (IoT) applications, are seeing an exponential rise in demand across industries. For example, according to an analysis by Capgemini, after Harley-Davidson shifted to a fully IoT-enabled production structure, the company reported an overall profit rise of 3 to 4%. This bodes well for the global intelligent network market growth as increased profitability will accentuate the economic viability of the IN systems. As more companies install next generation technologies such as IoT and AI, networks will get denser and the global intelligent network market size will expand.

Numerous Benefits of IN Solutions to Lead to Wider Acceptance Across Industries

Intelligent networks offer a host of advantages which make them a profit-maximizing instrument for businesses. For instance, IN systems make possible speedy introduction of new services and efficient modification of existing ones without the need for physical intervention. Consequently, the need for intermediaries is eliminated and quality of services can be improved on a regular basis. The global intelligent network market revenue can get a major upward thrust with increasing reliance of producers and buyers on intelligent network devices and systems.

However, high installation costs of advanced systems such as cloud computing, big data analytics, and IoT, vulnerability to cyber-attacks, and overdependence can dampen the spirit of the global intelligent network market during the forecast period.

Lucrative Opportunities in Innovation to Raise Market Potential

Increasing attention given by companies to develop innovative products is expected to propel the global intelligent network market till 2026. For example, in 2017, Nokia introduced its Intelligent Access solutions which enables operators to provide consumers high-speed broadband without the need to place the fiber all the way to the residence location. Some companies are engaging in acquisition activities to diversify their product range. For instance, in August 2019, Cisco announced that it would acquire Cloud Cherry, a customer experience management company, so as to improve customer experiences in real-time by employing cloud data analytics technology.

North America to Occupy a Significant Position; Asia-Pacific to Chart Fastest Growth

Regionally, North America is expected to lead the global intelligent network market from a revenue standpoint. This is primarily owing to the presence of leading market players that are increasing their investments in research and development and the rising adoption of cloud-based solutions in the region. Asia-Pacific is projected to showcase the fastest growth at an impressive CAGR on account growing installation rates of IoT, AI, and other IN systems by small and medium enterprises. Government initiatives, such as China’s ICT Governance Regime, India’s Digital India campaign, and so on, are also expected to benefit the global intelligent network market in the near future.

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Key Segmental Overview:

1. By Application

  • Information Cognition
  • Traffic Prediction and Classification
  • Resource Management
  • Network Adoption
  • Performance Prediction
  • Configuration Extrapolation

2. By End-User

  • Telecom Service Providers
  • Cloud Service Providers
  • Managed Network Service Providers
  • Others

3. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Key Industry Developments

  • August, 2018 – Itential, a provider of intelligent network automation, launched Itential 6.0., a modern network automation system. This solution have the abilities to support various data models with DevOps tools and controllers.
  • October 2017 – Huawei Technologies Co., Ltd., launched All-intelligent network to use the power of ultra-broadband. The company develops intelligent and superfast ultra-broadband networks. This innovation was completed with an aim to help carriers address upcoming encounters developed by industry uncertainties, and attain new development in the B2B, B2C, and B2H divisions.

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/intelligent-network-market-100759

Major Table of Content for Intelligent Network Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Intelligent Network Market Analysis, Insights and Forecast, 2026
  6. North America Intelligent Network Market Analysis, Insights and Forecast, 2026
  7. Europe Intelligent Network Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Intelligent Network Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Intelligent Network Market Analysis, Insights and Forecast, 2026
  10. Latin America Intelligent Network Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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Solar Back Sheet Industry 2019 Global Market Growth, Size, Demand, Trends, Insights and Forecast 2026

Governments around the world are increasingly focusing on fulfilling their green energy targets, which is likely to drive the global Solar Backsheet market. This information was shared in a report, titled “Solar Backsheet Market Size, Share And Global Trend By Type (Fluoropolymer, Non-fluoropolymer), By Installation (Roof Mount, Ground Mount, Floating Power Plant), By Application (Residential, Commercial, Industrial, Utilities), And Geography Forecast Till 2026.” The primary objective of Solar Backsheets is to protect the photovoltaic (PV) module from harmful UV radiations, electric insulation, and moisture penetration of the system. This will further offer better durability and safeguard the inner components of the PV module.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/global-solar-back-sheet-market-100477

Top Players Overview:

  • DuPont
  • ISOVOLTAIC AG
  • Coveme
  • Arkema
  • 3M
  • Krempel GmbH
  • Targray
  • Toray Advanced Composites
  • Dunmore
  • ZTT INTERNATIONAL
  • Cybrid
  • Jolywood (Taizhou) Solar Technology Co.,Ltd.

China’s Strong Investments in Solar Projects Drives the Market in Asia Pacific

Among regions, Asia Pacific is expected to register substantial growth in the global Solar Backsheet market during the forecast years. This is mainly attributable to the growing installation of solar PV back sheets, especially in India and China. Moreover, China is the largest producer of PV panels and solar panels.

The market in Europe is expected to grow considerably as Germany is the largest producer of solar energy. This is followed by the U.K., Italy, and Spain. According to the European Commission, the government is expected to invest around US$ 28.44 billion in renewable sources between 2020 and 2050. This is likely to increase the demand for installing solar power parks across countries in Europe. This, as a result, is anticipated to drive the Solar Backsheet market in Europe in the forthcoming years.

The demand for Solar Backsheets is likely to increase in North America during the forecast period. The U.S. is the largest producer of solar energy is expected to encourage growth in the market in North America.

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Key Market Driver – Demand shift towards clean energy

Key Market Restraint – Installation cost and area required for installation

Increasing Adoption of Clean Energy Bodes Well for the Market

Governments around the world have implemented policies to increase the adoption of renewable sources. “The growing need to reduce carbon emissions is likely to increase solar PV installations,” said a lead analyst at Fortune Business Insights. “This, coupled with rising focus on renewable sources, is further expected to increase the adoption of solar photovoltaic, thus driving the Solar Backsheet market,” he added. The use of solar energy is increasing as it is affordable and helps to protect our environment by reducing carbon dioxide emissions. The rising focus to protect the environment from harmful emissions is likely to increase the adoption of solar backs sheets. Moreover, the provision of tax rebates and government incentives for installing solar panels are increasing the encouraging Solar Backsheet manufacturers to invest in solar energy.

However, certain factors may hamper the growth of the market. These include high storage and installation cost of solar PV are some of the major factors that may impede the market’s growth to an extent. Nevertheless, the rising support from governments is expected to minimize the cost of installations, which in turn, can drive the market during the forecast period.

Key Segmental Overview:

1. By Type

  • Fluoropolymer
  • Non-fluoropolymer

2. By Installation

  • Roof Mount
  • Ground Mount
  • Floating Power Plant

3. By Application

  • Residential
  • Commercial
  • Industrial
  • Utilities

4. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold

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Key Industry Developments

  • In February 2019, In international PV EXPO, 2019, Jinkosolar working with Dupont unveiled their new bifacial project swan which has Tedlar PVF film-based backsheet used for higher efficiency
  • In April 2019, Wisconsin a state in the north-central U.S., the public service commission approved five interrelated cases that will lead to a five-fold expansion of solar energy in Wisconsin, which would lead to about 1.3% of Wisconsin’s annual electricity consumption
  • In May 2018, DuPont Photovoltaic Solutions launched the first transparent PV module back sheet material, specifically for bifacial solar modules at the SNEC international photovoltaic power generation and smart energy exhibition held in Shanghai

Wisconsin Public Service Commission Approves 5-fold Solar Energy Expansion in April 2019

DuPont, Coveme, Isovoltaic, Arkema, Jolywood, Toyo Aluminium, 3M, Madico, Taiflex, Hangzhou, Krempel, Toray, Targray, Dunmore, Cybrid, ZTT International, and Astenik are some of the major companies functioning in the global Solar Backsheet market. Several companies are planning to launch new Solar Backsheets to encourage improvements in solar panel systems. For instance, JinkoSolar announced the launch of a bifacial project in February 2019. With the help of DuPont’s tedler-based Solar Backsheets, the company plans to gain energy by 20% and continuously improve solar panel power output. DuPont Photovoltaic Solutions announced the launch of its first transparent PV module back sheet material. This launch was made in May 2018, focusing on bifacial solar modules at the smart energy exhibition and SNEC international photovoltaic power generation in Shanghai. The rising support from governments is also stimulating growth in the market, the Public Service Commission of Wisconsin approves a 5-fold expansion of solar energy projects in April 2019. The objective of this project is to fulfil the electricity needs of each and every household in Wisconsin in the forthcoming years.

The increased spending on energy and power across the world is another factor likely to drive the Solar Back Sheet Market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fueling demand for energy and which is expected to drive the Solar Back Sheet Market

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/solar-backsheet-market-100477

Major Table of Content for Solar Back Sheet Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Solar Back Sheet Market Analysis, Insights and Forecast, 2026
  6. North America Solar Back Sheet Market Analysis, Insights and Forecast, 2026
  7. Europe Solar Back Sheet Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Solar Back Sheet Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Solar Back Sheet Market Analysis, Insights and Forecast, 2026
  10. Latin America Solar Back Sheet Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

TOC Continued…..

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
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Intelligent App Market Top 20 Key Players, Size Estimation, Industry Share, Business Analysis and Growth Forecast to 2025

The Global Intelligent App Market is likely to grow in the coming years, favored by an increasing number of smartphone users. According to a report by Fortune Business Insights, titled “Intelligent App Market Size, Share and Global Trend By Service (Google Play, Apple App Store and Others), By Deployment Type (Cloud, On-Premises and Others), By Industry Vertical (BFSI, Telecom, Retail and e-commerce, and others) and Geography Forecast till 2025,” the market is likely to expand in the coming years due to recent advancements in real-time applications with interactive peripherals.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/intelligent-app-market-100249

According to the Ericsson Mobility Report, it is estimated that the number of smartphone users will rise from 7.9 Bn to 8.9 Bn. An intelligent app is advanced embedded software that is integrated with real-time technologies. The intelligent app is mostly built to operate on smartphones, tablets, and wearable devices. The ability of an intelligent app to perform countless functions that serve various indoor and outdoor purposes has led to increased adoption, globally. This, in turn, is likely to favor the growth of the global intelligent app market during the forecast period.

Top Players List:

  • Apple
  • Opera Software
  • Cognizant
  • Google
  • Microsoft
  • Hewlett Packard Enterprise
  • China Mobile International Limited
  • Samsung Electronics
  • SAP

The integration of the internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.

Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/sample/intelligent-app-market-100249

Machine Learning and Data Analytics Are Key to Market Growth

Intelligent apps have interactive technologies embedded within, which helps them to act on the feedback received from the environment that they are acting in. Real-time operations have created increased demand from end-users. With feedback from the users and interactive operations, the intelligent app can learn, and adapt with the help of behavioral patterns. Machine learning algorithms allow the app to seamlessly process huge amounts of data, thereby improving performance and enabling better user experience. The aforementioned factors may bode well for the global intelligent app market and are likely to induce growth during the forecast period.

Key Market Driver – Adoption of Augmented and Virtual Reality, technological innovation such as artificial intelligence, machine learning and Blockchain, and growth in Hybrid App Development

Key Market Restraint – Requirement of regular updates of applications, and the lack of skilled professionals to code and update the software

Ayasdi’s Envision to Boost the Global Market

In 2017, Ayasdi unveiled its latest framework that was built to speed up and enhance operation of intelligent apps. Ayasdi’s ‘Envision’ was launched with an aim of building business specific intelligent apps with the help of its exceptional artificial intelligence (AI) platform. With Envision, Ayasdi developed intelligent apps with the help of seamless and visually conceptualized workflow. Envision is likely to encourage its counterparts and this is likely to favor the growth of the global intelligent app market in the coming years.

Virtual Reality Integration to Boost Demand for Intelligent Apps

The evolution of virtual reality has been exceptional, especially its integration in smartphone devices. The use of virtual reality to improve user experience has been of a massive help and this will lead to an increased demand for intelligent apps. Additionally, incorporation of augmented reality has also played a major part in growing adoption of intelligent apps. The global intelligent apps market sees several growth opportunities in the coming years due to intervention of AR as well as VR for development of newer apps.

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Major Segments Mentioned:

1. By Service

  • Google Play
  • Apple App Store
  • Others (Amazon app store, Samsung galaxy store, and others)

2. By Deployment Type

  • On Cloud
  • On-Premises

3. By Industry Vertical

  • On Cloud
  • On-Premises

4. By Geography

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Intelligent App market.

Key Industry Developments

  • January 2018– Google Inc. in association with Twitter to introduce AMP (Accelerated Mobile Pages) technology. This project is a mobile version of web page. With the help of AMP, web page can be displayed simultaneously to the user while it is loading, instead of making user wait for the whole page to load, it is called lazy loading technology.

As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to rising adoption of sedentary lifestyle in nations such as India and China.

The report also offers insights on the key players operating in the global Intelligent App market.

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/intelligent-app-market-100249

Major Table of Content for Intelligent App Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Intelligent App Market Analysis, Insights and Forecast, 2026
  6. North America Intelligent App Market Analysis, Insights and Forecast, 2026
  7. Europe Intelligent App Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Intelligent App Market Analysis, Insights and Forecast, 2026
  9. Middle East and Africa Intelligent App Market Analysis, Insights and Forecast, 2026
  10. Latin America Intelligent App Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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Battery Energy Storage Industry 2019 Global Market Growth, Size, Demand, Trends, Insights and Forecast 2026

The global battery energy storage market is likely to gain momentum from a shortage of energy and peak demand reported worldwide. Fortune Business Insights, in a report, titled, “Battery Energy Storage Market Size, Share and Global Trend by Technology (Lithium-Ion Battery, Lead Acid Battery, Flow Batteries, Sodium Sulphur Battery, Nickel Cadmium battery) by Application (On-grid, Off-grid, Automotive), and Geography Forecast till 2026,” the populace across the globe are slowly shifting towards cleaner energy sources. This has led to a rise in the number of solar and wind energy power plants, which in turn, is increasing the demand for battery energy storage systems. This expected to boost the global battery energy storage market growth.

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/battery-energy-storage-market-100489

Key Market Driver – Rural electrification and installments of new renewable energy stations

Key Market Restraint –  High capital cost involved and lack of vendor supply

Increasing Awareness Programs Regarding the Usage of Renewable Energy to Propel Growth

The report also states that several countries are conducting awareness campaigns and the latest development programs to stimulate the use of renewable energy sources. This is causing a rise in the demand for battery energy storage systems around the world. The government of China, for instance, released a 15-year energy technology innovation action plan. It will help in conducting research and developed activities in advanced battery energy storage. Furthermore, the ever-increasing demand for energy has aided in forcing the populace to opt for energy storage systems that are self-reliant. The wind and solar power plants require a lot of storage systems to store the generated energy. All these factors are driving the global battery energy storage market sales.

Fortune Business Insights has profiled some of the key market players operating in the global battery energy storage market.

  • Siemens
  • Samsung SDI
  • ABB
  • General Electric
  • Peak NRG
  • Panasonic
  • Sunverge Energy Inc.
  • Tesla
  • LG Chem
  • Bosch
  • NEC
  • Hitachi
  • Solar City Corp
  • AEG Power Solutions
  • JLM energy 

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/battery-energy-storage-market-100489

Rural Electrification and Increasing Number of Power Plants to Favor Growth in Asia Pacific

The global battery energy storage market is geographically divided into Asia Pacific, the Middle East and Africa, North America, Europe, and Latin America. Amongst these regions, in North America, the U.S. currently holds the largest global battery energy storage market share. Asia Pacific, on the other hand, has a huge potential to grow during the forecast period because of the increasing demand for energy in the region. This has further given the rise in the number of battery storage plants. Electrification in remote areas in countries, namely, India, China, and South Korea is another important factor that is likely to boost growth. There has been a rapid shift towards cleaner energy sources that is increasing the battery energy storage market revenue. Countries, such as France, the U.K., and Germany, on the other hand, make the maximum use of solar energy. This is the main factor driving the growth of the market in Europe.

Leading Market Players Aim to Drive Growth Through Strategic Collaboration and Expansion Programs

Tesvolt, a prominent producer of energy storage systems based on lithium batteries, based in Germany, announced in May 2019 that it can win in the intense race to build Gigafactory, Europe’s first lithium-ion storage system. The factory will be fully supplied by solar energy. The company, however, did not disclose a timeline for the completion of the production lines. It has stated that the workforce will double due to the expansion. The government of India announced in May 2019 that it is planning to establish a battery-making capacity of 40 gigawatts to drive the renewable energy and electric vehicle initiatives.

The government is expected to invest $40 million to attract the attention of the giant market players, such as Softbank and Tesla who operate in renewable energy and battery manufacturing sectors. Lithium Australia, a supplier of ethically and sustainably sourced materials, announced that it has signed a contract with DLG Battery Co Ltd., a leading manufacturer of Li-ion battery, based in China in May 2019. The collaboration took place to develop a 50-50 jointly owned business that would aid in the supply of lithium-ion batteries in Australia. It would also help to fast-track the commercialization of cathode powders. 

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Key Segmental Overview:

1. By Technology

  • Lithium-Ion Battery
    • Lithium Cobalt Oxide
    • Lithium Manganese Oxide
    • Lithium Nickel Manganese Cobalt Oxide
    • Lithium Ion Phosphate
    • Lithium Nickel Cobalt Aluminium Oxide
    • Lithium Titanate
  • Lead Acid Battery
  • Flow Batteries
    • Vanadium Redox Flow Battery
    • Hybrid Flow Battery
    • Iron Chromium Flow Battery
  • Sodium Sulphur Battery
  • Nickel Cadmium battery
  • Others

2. By Application

  • On-grid
  • Off-grid
  • Automotive
  • Others

3. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Key Industry Developments

  • In May 2019, The race to build Europe’s first lithium-ion storage system Gigafactory could be won by Tesvolt. As the German manufacturer announced a multi mullion euro investment in production lines in the same week. Tesvolt also claimed that this Gigafactory will be fully supplied by solar energy.
  • In May 2019, The government of India announced its plans to establish a battery-making capacity of 40GW to give a boost to its electrical vehicles and renewable energy initiatives. The proposal is expected to entail investments of $40 million and attract interest from battery manufacturing firms and renewable energy players such as Tesla and SoftBank.
  • In May 2019, Lithium Australia signed a contract with Chinese battery producer DLG Battery Co Ltd to establish a 50:50 owned business for the supply of lithium-ion batteries in Australia. The company has also formed a technological alliance that will fast-track the commercialization of VPSC Ltd’s patented cathode powders for use in DLG Batteries.

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/battery-energy-storage-market-100489

Major Table of Content For Battery Energy Storage Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Battery Energy Storage Market Analysis, Insights and Forecast, 2026
  6. North America Battery Energy Storage Market Analysis, Insights and Forecast, 2026
  7. Europe Battery Energy Storage Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Battery Energy Storage Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Battery Energy Storage Market Analysis, Insights and Forecast, 2026
  10. Latin America Battery Energy Storage Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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Global Virtual Router Market Projected to Expand at a Healthy Rate, Increasing Mergers and Acquisitions to Aid Growth

The global virtual router market is likely to witness growth in the coming years due to increasing investment in the development of 5G technology. According to a report by Fortune Business Insights, titled “Virtual Router Market Size, Share and Global Trend By Component (Software & services), By End User (Telecom Providers, Cloud Providers, Enterprises) and Geography Forecast till 2025,” the market is likely to expand in the coming years due to the advancements made in 5G technology and growing emphasis on 5G concepts across the world.

For more information in the analysis of this report, visit:  https://www.fortunebusinessinsights.com/industry-reports/virtual-router-market-100298

According to a recent report published by AT&T Intellectual Property I, L.P., the company has made investments of around US$ 23 Bn for the research and development (R&D) as well as deployment of fifth generation (5G) technology. A virtual router is a software-based routing structure that allows the host device to operate as a typical hardware router over a local area network. A virtual router allows a user to operate as a hardware router and control functions over a specified local area network. The efforts put by companies worldwide, towards R&D of 5G is likely to have a direct impact on the global virtual routers market.

Cisco Acquires Piston Cloud Computing – A Move that is Expected to Bode Well For Overall Market

In 2016, Cisco announced that it has acquired Piston Cloud Computing, a company operating in the cloud computation network. Cisco’s acquisition of Piston will help bolster its Intercloud platform and improve its operational capabilities on a global scale. Cisco’s network architecture is based on an open-source cloud integration platform. This helps the user to control their personal data across both, public and private networks. With this acquisition, Cisco plans to build the largest network ‘Intercloud’. The Intercloud is a network of globally distributed cloud platforms which is managed through a virtual network, centrally. This network helps meet consumer demands within the Internet of Everything (IOE) requirements. Cisco’s latest acquisition will have a positive impact on the global virtual router market and is likely to favor growth of the market on the forthcoming years.

Top Players List:

  • IBM
  • Nokia
  • Cisco
  • Huawei Technologies Lanka Co., (Pvt) Ltd.
  • Juniper Networks
  • NETGEAR
  • Belkin International
  • D-Link USA

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Incorporation of Virtual Router Redundancy Protocol (VRRP) to Boost the Global Market

The incorporation of redundancy protocol in virtual routers is driving the market over the past few years. The redundancy protocol will help users perform functions such as packet routing, centrally. The controlled operations of the virtual router over software integrated protocols has improved the reliability of the network. A virtual router software operating on the VRRP possesses many advantages that has led to an increase in demand for virtual routers, globally.

The VRRP concept is driven by three major factors, namely the virtual IP address, the virtual MAC address, and the virtual master router. In a standard VRRP, a group of routers are operating simultaneously and, in case of failure of one router, the other one can take its place. This factor has led to an increased reliability and a subsequent rise in demand for virtual routers. The use of VRRP concept has favoured the growth of the global virtual routers market and is likely to boost the market in the coming years.

Key Market Driver – Increasing adoption of virtualized CPE (Customer Premises Equipment) and 5G infrastructure

Key Market Restraint – Installation and regular update of incompatible hardware and equipment

Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Virtual Router market, said a lead analyst at Fortune Business Insights.

Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.

Major Segments Mentioned:

1. By Component

  • Software
  • On-premise
  • Cloud
  • Services
  • Consulting
  • Integration & Implementation
  • Maintenance & Operations

2. By End User

  • Telecom Providers
  • Cloud Providers
  • Enterprises

3. By Geography

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.

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Contact:
Name: Ashwin Arora
Email: [email protected]
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News Press Release

Automotive Test Equipment Market 2019 Global Size, Growth Insight, Share, Trends, Industry Key Players, Regional Forecast To 2026

The global automotive test equipment market is likely to derive growth from the escalating demand for precision enhancement in automotive across the world. According to a report by Fortune Business Insights, titled “Automotive Test Equipment Market Size, Share and Global Trend by End-use (Mobile/Tablet, Based scanning tool, PC/Laptop Based scanning tool, Others), By Vehicle Type (Passenger Vehicle, Commercial Vehicle, Others), and Geography Forecast till 2026,” the market will grow considerably in the coming years due to the growing emphasis on user safety.

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/automotive-test-equipment-market-100640

Automotive test equipment innovative devices used to perform quality checks on various automotive test devices. The ability of automotive test equipment to efficiently label the errors and quality ratings of the ‘devices under test’ (DUT) has created an increased adoption for these devices across the world. Automotive test equipment (ATE) is a computerized machine that can read several aspects of the DUT such as lubricant aeration, oil consumption, and fuel dilution. These factors have a direct impact on the operational efficacies of the DUTs. Fortune Business Insights has predicted that the uses of automotive test equipment in applications across diverse industries will fuel the demand for these products from users across the world.

Top Players

  • Robert Bosch GmbH
  • Horiba
  • Honeywell
  • Siemens
  • Delphi
  • Autel
  • Sinfonia
  • Actia S.A.
  • Advantest Corp. 
  • Softing AG and Teradyne Inc.
  • Denso
  • AVL
  • Sierra Instruments.

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Increasing Product Launches to Provide Growth Impetus

The increasing applications of automotive test equipment (ATE) have contributed to the growing demand for these products across the world. The high operating efficacies have provided several growth opportunities. The automotive test equipment industry has seen an onslaught of company startups as well as upgrades and collaborations by established companies. In an industry with high market competition, it is difficult to stand out with high sales revenue. With the aim of gaining competitive advantages, companies are focused on introducing innovative products. Fortune Business Insights states that product innovations will help the companies generate substantial automotive test equipment market revenue, subsequently aiding the growth of the global market. In 2016, Horiba announced the launch of a new product, aimed at bettering its portfolio of services in automotive testing equipment. The Service-One was a cost-effective and reliable concept that was incorporated in the design for real-time driving emission testing of vehicles. Fortune Business Insights has predicted that Horiba’s latest product will have a positive influence on the global automotive test equipment market growth. The report encompasses valuable information on several product launches, similar to the Service-One and gauges the impact of such product launches on the global market.

Key Industry Development:

  • 11th September 2018: Bosch (Germany) launched a new product DCI 700 diesel bench with new testing system for injectors embedded in vehicles that has short testing time, ergonomic design and efficient workflow.
  • 29th May 2018: Horiba (Japan), supplier of automotive test equipment, launched its new SERVICE-ONE cost-effective and reliable concept for emission control system designed for Real Driving Emission (RDE) testing of vehicles.

Increasing Automotive Production to Boost the Market in Asia Pacific

The incorporation of latest technologies by leading companies such as Horiba, Sinfonia, and Autel will boost induce growth of the market in this region. With the growing population, countries such as India, Japan, and China have emerged as the hub for automotive production across the Asia Pacific. This, in turn, has led to an increase in the growth of the automotive test equipment market in the Asia Pacific. Fortune Business Insights has predicted that recent advancements products and services made by the companies based in the Asia Pacific will contribute to an increase in the regional automotive test equipment market value. Among all regions, Fortune Business Insights has predicted that Asia Pacific will witness the highest growth due to the incorporation of smart emission measurement systems by majority of the regional market companies.

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Key Segmental Overview:

1. By End-use

  • Mobile/Tablet Based scanning tool
  • PC/Laptop Based scanning tool
  • Others

2. By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Others

3. By Geography

  • North America (USA, Canada and Rest of North America)
  • Europe (UK, Germany, France, Scandinavia, Italy, Spain and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Argentina, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Key Market Driver-

  • Technological advancements in autonomous vehicle testing
  • Increasing electric vehicle production
  • Rising electronic architecture in vehicles

Key Market Restraint

  • High initial cost of integration of test equipment
  • Lack of trained workforce

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/automotive-test-equipment-market-100640

Major Table of Content For Automotive Test Equipment Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Automotive Test Equipment Market Analysis, Insights and Forecast, 2026
  6. North America Automotive Test Equipment Market Analysis, Insights and Forecast, 2026
  7. Europe Automotive Test Equipment Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Automotive Test Equipment Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Automotive Test Equipment Market Analysis, Insights and Forecast, 2026
  10. Latin America Automotive Test Equipment Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
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News Press Release

Transportation Fuel Market 2019 Global Industry Share, Size, Analysis, Key Growth Drivers Trends, Segments, Emerging Technologies, Opportunity and Forecast 2019 to 2026

Growing transportation services are aiding the expansion of the Global Transportation Fuel Market. This information was shared by Fortune Business Insights in a report, titled “Transportation Fuel Market Size, Share and Global Trend By Fuel (Gasoline, Diesel, Biofuels, and others), By End-User (Roadways, Airways, Railways, Waterways), and Geography Forecast till 2026.” Transportation fuels are extensively used in different vehicles to generate energy. Some of the transportation fuels include diesel, gasoline, aviation turbine fuel, and biofuel. The global market is expected to grow with the rapidly increasing international trade.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/transportation-fuel-market-100451\

Top Players

  • Total
  • Hindustan Petroleum Corporation Limited
  • PETRONAS
  • Bharat Petroleum Corporation Limited
  • Allied Aviation Services
  • Royal Dutch Shell
  • Gazprom
  • Centrica
  • Valero Energy Corporation
  • Rosneft
  • Sinopec Engineering Group Saudi Co. Ltd.
  • Exxon Mobil Corporation
  • BP
  • Chevron

Key Market Driver – Increase in sales of vehicles and increase in disposable income

Key Market Restraint – Environment-related issues of burning transportation fuel

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Asia Pacific Sees Maximum Growth Among Other Regions

The Asia Pacific is anticipated to expand at a higher rate in the global transportation fuel market during the forecast years. The market registers the maximum growth in the Asia Pacific owing to the rising population. This is further expected to fuel the demand for transportation fuels and will continue to increase in the forthcoming years. The number of vehicles in countries such as India, Indonesia, and China is increasing, primarily on account of rising per capita income among end-users. This is expected to enable growth in the transportation fuel market in Asia Pacific.

The growing aircraft traffic in countries such as France, Germany, the U.K., and the U.S. is expected to augment the demand for aviation fuel during the forecast period. Consequently, the transportation fuel market in North America and Europe is anticipated to rise between 2018 and 2026. Apart from these regions, the market is likely to grow in the Middle East and Africa owing to its improving economic rate.

Segmentation

1. By Fuel

  • Gasoline
  • Diesel
  • Biofuels
  • Aviation Turbine Fuel
  • CNG
  • Others

2. By End User

  • Roadways
  • Airways
  • Railways
  • Waterways

3. By Geography

  • North America (US and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Shift Towards Eco-friendly and Bio-based Fuels Spurs Growth of the Market

The rapid growth in industrialization and the increasing sales of passenger cars are likely to stimulate growth in the transportation fuel market. The majority of the vehicles are highly dependent on crude oils which include gasoline, fuel oil, diesel among others. “The growing carbon emissions from such vehicles is compelling organizations and governments to develop bio-based, clean and eco-friendly transportation fuels,” stated a lead analyst at Fortune Business Insights.  Moreover, governments are planning to promote some of the low emission fuels which include hydrogen, electricity, natural gas, and biodiesel. Furthermore, the demand for the above-mentioned fuels is expected to increase across the world over the projected horizon. This, as a result, is anticipated to contribute to the growth of the transportation fuel market.

Rising disposable income among the population is resulting in an increasing number of vehicles. This is another factor driving the market and thus increasing transportation fuel consumption. Furthermore, the improved transportation infrastructure in developed and some developing countries act as a potential growth enabler in the market.

However, certain environmental issues associated with transportation fuel are likely to hamper the growth of the market. In addition to this, emission control norms have become strict in developed and developing nations, which can impede the growth of the market. Also, the population caused by transportation fuels is expected to restrict the growth in the next few years.

Key Industry Developments

  • In April 2019, Berkshire Hathaway has committed a $10 billion preferred stock investment in Occidental Petroleum. The investment is contingent on the company completing its proposed takeover of Anadarko Petroleum.
  • In May 2019, The largest independent oil and gas company in Europe was formed after a multibillion-euro merging deal between energy unit of German chemicals group BASF with rival
  • In December 2018, the Indian civil aviation ministry has sought a major tax rejig on aviation fuel to increase the profits of airlines as the profits of airlines were not increasing with a number of passengers growing immensely.

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/industry-reports/transportation-fuel-market-100451

Market Advances with a Multi-billion Euro Deal Between BASF and DEA

Georgia Power is planning to collaborate with Georgia Tech in March 2019. This collaboration is aimed at building a new 1.4 MW microgrid in Metro Atlanta. Some of the other companies functioning in the global microgrid market include ABB, Encorp, Schneider Electric, Schweitzer Engineering Laboratories, S&C Electric, Siemens, PowerSecure, Power One Solutions, Spirae, Emerson Automation Solutions, Honeywell, CleanSpark, Exelon Corporation, and Power Analytics. Companies are focusing on adopting new technologies for the development of scalable and flexible microgrids. For instance, ABB Ltd. has plans to adopt a new microgrid enabled with battery storage in January 2019. The company signed an agreement with IIT Roorkee in July 2018 to develop a smart campus for IIT Roorkee.

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245