Pre-wired System Market (Impact of COVID-19) Top Growing Companies

• A pre-wired system is a set of products used for accelerated connection of analog, discrete and I/O modules. The system acts as a substitute for screw terminal blocks, eliminating the need for a single-wire connection.
• Pre-wired systems are available with battery-based charger systems and in various voltage configurations

A pre-wired system consists of an inverter/charger, e-panel, battery monitoring kit, advanced remote control with display, input and output breaker, solar busbar, and surge protection devices

Various Benefits Offered by Pre-wired Systems to Drive Global Pre-wired System Market

• Pre-wired systems offer various benefits such as ease of installation and reduction in cost and time. These systems are available in an assembled form. They are already tested by manufacturers and they can be directly be connected to a battery bank and a PV array (photovoltaic array). 

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Different Modes of Operation to Drive Global Pre-wired System Market

• Pre-wired systems are available in different modes of operation such as grid-tied mode, meter zero mode, time-of-use mode, and smart load mode. The grid-tied mode sends power back to the utility, thereby reducing the electricity bill.
• The meter zero mode zeros the electric bill, without the need for an additional smart meter
• The time-of-use mode uses solar batteries to reduce usage of grid power
• The smart load mode uses a programmable output for high-power off-grid loads to run during optimum solar energy conditions
• Availability of different modes of operation of pre-wired systems is expected to promote growth of the global pre-wired system market in the near future 

North America to Lead Global Pre-wired System Market

• In terms of region, the global pre-wired system market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is anticipated to hold a significant share of the global pre-wired system market during the forecast period. It is estimated to be followed by Europe, due to high demand for pre-wired systems in the region.

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3D Imaging Market Application, Trends Analysis & Forecast to 2027

The global 3D imaging market is foreseen in a report by Transparency Market Research (TMR) to bear a vendor landscape that carries a vastly intense level of competition between individual players. According to TMR analysts, the market could be highly consolidated due to the presence of fewer popular and firmly established companies. Most players are anticipated to adopt three key business strategies to cement their position in the market, i.e. expanding product portfolio, facilitating product differentiation, and participating in mergers and acquisitions.

The competition could level up with the entry of new players in the global 3D imaging market. Philips Healthcare, Hewlett-Packard Corporation, and Lockheed Martin Corporation are some of the top players operating in the market.

As per TMR, the global 3D imaging market could be valued at a US$ 73.01 bn by the completion of 2027. On the basis of end-use industry, the market is predicted to find healthcare securing a lion’s share in the coming years. With respect to region, North America could reach to a stronger market value by the end of the forecast period 2019-2027.

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Rising Prevalence of Chronic Diseases Stimulates Demand for 3D Imaging in Healthcare

The world 3D imaging market is foretold to attain massive growth on the back of widespread use of the technology in the automotive and healthcare industries. 3D imaging is extensively used in provision of treatment, diagnosis of diseases, research, surgery, and other individual domains in the healthcare industry. Demand for efficient technologies such as 3D imaging in healthcare is stoked by increasing incidence of heart disease and cancer and rising frequency of complex surgeries. Even in the field of medicine, 3D imaging is considered to be a highly useful technology.

3D imaging also finds application in other industries for designing a range of technologies including drones, robots, automobiles, and gadgets. Thus, any growth in these industries could mean a positive sign for the world 3D imaging market.

High Initial Setup Cost Discourages Small Businesses to Adopt 3D Imaging Equipment

The international 3D imaging market is expected to showcase a great potential for expansion in the near term. However, limited funding available to small businesses and expensive initial cost of setting up 3D imaging equipment could raise fears of reduced growth in the market. Moreover, low awareness about the use of the technology and lack of skilled professionals are envisaged to hamper the demand in the market. Nonetheless, players could bank on opportunities created with the introduction of innovative and cost-effective variations of 3D imaging in the global market.

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The information presented in this review is based on a TMR report, titled “3D Imaging Market (End-use Product - 3D Cameras (Time of Flight, Stereo Vision, and Structured Light), Sonography (Sonars and Ultrasound), and Smartphones; 3D Image Sensor - CMOS and CCD; Application - 3D Modeling, 3D Scanning, Layout and Animation, 3D Rendering, and Image Reconstruction; End-Use Industry - Entertainment, Healthcare, Architecture and Engineering, Industrial Application, and Security and Surveillance) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027.”

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Industrial Robotics Market Growth, Opportunities Analysis and Forecast to 2027

Industrial robots have a vital role to play in automation of industries, as several key operations are taken care of by industrial robots in several industries. Economic development in various countries offers promising growth opportunities to the global industrial robotics market. Rapid expansion of e-Commerce activities coupled with phenomenal growth of automotive and electronics industries is an added impetus to the global industrial robotics market.

Some of the renowned market players analyzed in the report on the global industrial robotics market are Yaskawa Motoman Robotics, Kawasaki Heavy Industries, Denso Corporation, Toshiba Machine Co., Ltd., Fanuc Robotics, and KUKA Robotics. The global industrial robotics market is projected to reach US$ 297 Bn by 2027. The market is likely to grow at a CAGR of ~9% from 2019 to 2027.

Growing Demand for Collaborative Robot to Drive Industrial Robotics Market

Collaborative robots are built to work alongside human beings through interaction in a shared workspace. Collaborative robots have the ability to automate the work easily and hence, are used in variety of applications such as packaging, pick and place, screw driving, assembly, lab testing, and quality inspection. Furthermore, collaborative robots help companies to enhance the production output with high levels of work safety, as these robots can perform repetitive work at a faster pace. Demand for collaborative robots is continuously on the rise in different industry verticals including retail, healthcare, automotive manufacturing, and several others, owing to their numerous benefits and associated applications. Several manufacturers operate in the industrial robotics domain such as Universal Robots, KUKA AG, and Franka Emika GmbH, who offer a wide variety of collaborative robots for various industries.

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Extensive Deployment of Industrial Robots in Manufacturing Units Drives Market in North America

Based on region, the global industrial robotics market has been segmented into Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. Regional segmentations are likely to facilitate better understanding of market dynamics at play in each of the regions during the forecast period.

According to the findings of the Association for Advancing Automation, around 27,294 robots were ordered in the first nine months of 2019. These robots were valued at around US$ 1.473 Bn. North America is likely to lead the global industrial robotics market in the coming years. Substantial reliance of North American manufacturing units on advanced and innovative technological solutions to generate high quality output at reduced cost is fueling the market. Increased implementation of advanced software programs to stay ahead of competition is responsible for growth of the industrial robotics market in North America.

Modern manufacturing facilities in North America substantially depend on new innovative technologies to produce higher quality products at high speed and reduced costs. Manufacturing facilities are implementing more intelligent software and hardware to survive in the current competitive scenario.

Likewise, Europe is also expected to account for a large share of the market. In 2017, around 170,000 robots participated in the production process of the automotive industry in Europe. Such high levels of robotic participation is a manifestation of the market prominence in the region.

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According to TMR analysts, in terms of density of industrial robots, South Korea is estimated to retain its leading position during the assessment period.

High Cost of Human Labor to Bolster Demand for Industrial Robots

The expansion of the global industrial robotics market is stimulated by heightened activities in the factory automation sector. The global industrial robotics market is poised for considerable growth in the near future with the growing human-machine interaction together with cloud technology improving control of hardware.

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Optical Transmitters Market (impact of COVID-19) to See Massive Growth by 2027

• Information can be transmitted in various ways. An optical transmitter is one half of a communications system, where the other half would be an optical receiver. Producing an optical signal is the purpose of an optical transmitter.
• Various other similar transmission methods use electrical signals, e.g. Ethernet or USB cables, or radio transmissions such as AM or FM radio. There are two categories of optical transmission: guided-wave or free-space, and unguided. Guided transmission media are cables such as twisted pair cables, coaxial cables, and fiber optic cables.
• Fiber optic cable is the commonly used guided wave optical transmission systems. Under this system, light is transmitted through the fiber. The fiber uses total internal reflection to keep the light trapped inside.

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Key Drivers and Restraints of Global Optical Transmitters Market

• The optical transmitter market is primarily driven by the wide usage of optical transmission technology in remote controls of various electrical and electronic devices. Increase in adoption of optical communications is also driving the market.
• Semiconductor optical transmitters are designed to be compact, efficient, and reliable to operate in an optimal wavelength range. They are directly modulated at high frequencies.
• Optical transmitters are also used in the inter satellite communication that is also called free space communication (FSO)
• They also offer significant advantages such as low weight and greater power savings, thereby enabling easier, faster, and reliable transmission of information. This provides immense opportunities for usage of optical transmitter systems in electronics and electrical devices.

Increase in Requirements of Higher Bandwidth in Optical Transmitters

• The optical transmitters market is expanding significantly due to the increase in demand for higher bandwidth and high bit rate with the growth in penetration of Internet across the globe. The fiber optical technology is also advancing continuously.
• Implementation of Fiber to x (FTTx) broadband in developing countries due to the rise in demand for broadband services and applications is estimated to boost the optical transmitter market
• Government initiatives in developing countries and telecommunication deregulation across the globe are also likely to augment the demand for optical transmitters. Growth in the smartphones market and rise in demand for LTE and 4G services are also projected to propel the market in the near future.

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Telecom Anticipated to be Rapidly Growing Industry

• Telecom is estimated to be a rapidly growing end-use industry of the global optical transmitter market. Fiber optical communication network and optical transmitters are required for the transmission and receipt of signals.
• In terms of revenue, the telecom industry has been expanding due to the rise in usage of optical transmitters, since optical transmitters are required for fiber optical communication. Demand for new information services, including data, Internet, and broadband services, is combined with the supply of innovative information technological equipment such as optical transmitters in order to transfer the information at a faster pace.
• The current era of information technology is known as the ‘tera era’ in the telecom industry, as the demand for terabit-per-second information speed and terabyte information storage is high. This demand can be met with the use of technologically advanced optical transmitters, as these transmitters can provide faster and uninterrupted information transmission.
• Thus, increase in demand for high speed information transmission in the telecom industry is expected to be a vital factor driving the global optical transmitter market

Asia Pacific to Lead Global Optical Transmitters                                                       

• In terms of region, the global optical transmitters market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• Asia Pacific is likely to witness the maximum demand for optical transmitters from 2019 to 2027. Major manufacturers of optical transmitters have been investing significantly in China, especially in the telecommunication components manufacturing sector in the country
• Leading manufacturers of optical transmitters have extensive distribution networks along with deep product penetration. They have become increasingly international in their activities since the onset of globalization. Several manufacturers of optical transmitters have vertically integrated in the manufacture of optical transmitters.

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Electronic-grade Polysilicon Market with Business Trends and New Opportunities by 2027

• Electronic-grade polysilicon is a highly purified form of silicon, also known as polycrystalline silicon. Electronic-grade polysilicon has been the material of choice for use in mainstream semiconductor devices and circuits. Polysilicon has semiconductor properties and, hence, it is widely used in solar power and electronics industries
• Polysilicon can be produced by using three major commercial processes: the Siemens process, the FBR process, and the upgraded process of metallurgical grade. Polysilicon obtained from the Siemens process is in the form of rods, whereas polysilicon obtained from the FBR process is granular
• Polysilicon is generally of two grades: solar and electronic. Solar-grade polysilicon is used in the manufacture of photovoltaic cells, while electronic-grade polysilicon is employed in the manufacture of integrated circuits, power conversion devices, optics, and microelectromechanical systems (MEMSs)

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Rise in Demand for use of Innovative Production Process

• Rapid and ongoing expansion of their polysilicon production capacity by market players is likely lead to oversupply of polysilicon for the next several years, thereby prompting manufacturers of electronic-grade polysilicon to further innovate their production processes and reduce operating costs.
• For polysilicon production, manufacturers utilize silane gas as a precursor. This leads to a closed-loop process that can result in reduced costs. Also, it significantly reduces the environmental impact. It also enables production of high-quality polysilicon.
• Polysilicon plants that target the global electronic-grade polysilicon market use ultra-high purity hydrogen purifiers. It is helpful to remove typical impurities such as methane and nitrogen.
• Large gas plants produce primarily trichlorosilane (TCS) gas that are used in the production of semiconductor-grade polysilicon for both semiconductor and solar applications. This provides the manufacturer with flexibility to operate in the electronic-grade polysilicon market place. Hence, increase in use of innovative production process is expected to drive the growth of the market during forecast period.

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Polysilicon Chip Segment to Offer Lucrative Opportunities

• Based on technology, the global electronic-grade polysilicon market can be segmented into polysilicon rod and polusilicon chip
• Polysilicon chip are majorly used in electronics, automotive and solar energy applications. Polysilicon chip technology is increasingly used by manufacturer to develop cost efficient polysilicon material
• Rise in demand for polysilicon chip technology is anticipated to show prominent growth during forecast period.

Asia Pacific to Lead Global Market

• In terms of region, the global electronic-grade polysilicon market can be split into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• The electronic-grade polysilicon market in Asia Pacific is dominated by China, in terms of production as well as consumption. The market in China is projected to witness relatively significant growth during the forecast period. This can be primarily attributed to the rise in government investments in the solar industry and significant growth of the electronics & semiconductor industry in China.

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3D Printing Robots Market Share by Manufacturer

3D printing has witnessed almost limitless potential in manufacturing robots and their effectors. Robotic solutions providers have dotted the landscape of commercial 3D printing for long, constantly opening new avenues of automation in numerous manufacturing industries. Advances made in 3D engineering have expanded the possibilities further, unarguably. The use of robotics for 3D printing has opened an exciting paradigm and hopes to harness the profound potential of the additive manufacturing in diverse range of applications.

Wide range of tasks 3D printing accomplish may typically include repairing bridges, tunnels, and range of civic structures. The 3D printing robots market is also witnessing industry initiatives in developing and testing prototypes that can use these robots in hazardous environments with reliability and in hard-to-reach areas. Such applications in the market may include mobile robots that can venture into outer space or go into the deepest recessions of the ocean.

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Global 3D Printing Robots Market: Notable Developments

Transformation of novel concepts of 3D printing need research backed by massive funding. Various governments seeing the incredible potential in the 3D printing robots market have come to the forefront to aid the research community, especially in developed economies. The governments’ agencies have been forking out large sums to such research.

A recent case in point is $1.2 million grant from the National Science Foundation (NSF) for a multidisciplinary research by robotics expert at the NYU Tandon School of Engineering in New York. The team has embarked on a task of 3-D printers with autonomous systems, particularly on robotic arms. These thus become mobile arms controlled by algorithms in almost real-time. The researchers have utilized a concept called collective additive manufacturing (CAM) to make the prospective 3D printing robots do the printing work. Next-generation technologies in AI and machine learning help these robots to achieve the desired autonomy and control. The researchers are further working on real-time optimal control algorithms.

In August 2019, a team of Danish designers envisaged a roaming 3D robot that has the potential to repair environments at land, air, and even sea, such as in tackling coastline erosion and infrastructure deterioration. A number of other research initiatives have been taken recently by students in various parts of the world. All these underscore the fact that the printing robots market is apparently limitless.

Global 3D Printing Robots Market: Growth Dynamics

Growing numbers of use cases of 3D printing robots is a key trend bolstering the evolution of the market. Over the past few years, several industries have been engaged in development activities to harness the potential of additive manufacturing. Further, prominent research organizations are coming out with novel concepts that need prototyping. Efforts made by a few pioneers in testing these prototypes have unlocked a new potential in the 3D printing robots market.

Moreover, industry players are optimistic of collective additive manufacturing concept to expand the potential of several mobile 3D printing robots do their work concurrently. Such a technology can be used in printing large structures.

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The technologies in the 3D printing robots is largely niche at this stage. The 3D printing market is no doubt nascent. Several industry research efforts have realized the potential, thus proving a robust force in the evolution of the 3D printing robots market. Some of the key end-use industries seeking to gain a competitive edge are aerospace and defense, healthcare, consumer products, automotive, and construction. Of these, the application in the construction industry has been showing remarkable potential. 

Global 3D Printing Robots Market: Regional Assessment

On the regional front, North America and Europe have shown remarkable potential. The growth is propelled by slew of research on exploring the use cases of 3D printing robots in industrial applications. Moreover, extensive research being made by various universities is also catalyzing the rapid expansion of these regional markets during 2019 – 2027. Further, the technological strides made by 3D printing in developing regions will make some of these into fast-emerging markets. An instance is Asia Pacific.

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Nutricosmetics Market SWOT Analysis by Top Key Players, Demand and Forecast Research to 2027

Consumer awareness regarding the ill-effects of synthetic chemicals used in popular cosmetic skin care products are driving them to opt for nutricosmetics. Emerging markets in the Asia Pacific region and South America whose income levels are rising are expected to witness high growth rate in the demand for skin care products. This is due to a rise in disposable income. Developing countries such as Chile and Uruguay are witnessing a rise in average spending on nutricosmetics products.

Transparency Market Research has come up with a new report titled “Nutricosmetics Market”, which forecasts that the market would expand at 8.5% CAGR over the period of forecast from 2019-2027. The global nutricosmetics arket is estimated to be valued at US$ 8,571.5 mn by the end of 2027.

Consumer rising preference towards a healthier and better lifestyle coupled with usage of natural products including barks, roots, and green tea in skin care product is escalating the demand for global nutricosmetics market. Some of the prominent players that are operating sucessfully in the global nutricosmetics market comprise names like The Coca-Cola Company, E.l.Du Pont De Nemours and Company, Cargill Incorporated, L’Oreal SA, and Nestle S.A. 

Personalization in Cosmetic Skin Care Products

Rising demand of personalized cosmetic skin care products, wherein manufacturers take into account specific details of individuals such as weather, skin type, pollution levels where they live, and a myriad other details to ensure that the product is compatible with and effective on the user’s skin.

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Use of Cannabidiol (or CBD)

Cannabidiol is one of the 80 compounds called cannabinoids extracted from the cannabis sativa plant. CBD is known to treat dry skin, psoriasis, and eczema and is being used in many beauty products. CBD also offers anti-inflammatory and moisturizing properties, which is increasing its popularity as an ingredient in cosmetic skin care products. It was earlier part of a niche category of skin care products. It is now entering the mainstream with a number of brands, established and upcoming, launching products containing the ingredient.

In terms of regions, the global nutricosmetics market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Europe accounted for the leading market share owing to high penetration of nutricosmetics. Such high penetration of the product is coupled with substantially high adoption rate amongst the consumers followed by high awareness about the benefits of nutricosmetics. Nutricosmetics manufacturers in Europe are opting for strategic joint ventures and acquisitions in bid to grab opportunities in the global nutricosmetics market.

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