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Middle East District Cooling Market with In Depth Industry Analysis on Trends, Growth, Opportunities and Forecast till 2024

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MarketStudyReport.com Adds New Middle East District Cooling Market 2017 – 2024 research report providing information and data By Production Technique, Application, Industry Analysis, Regional Outlook, Price Trends, Competitive Market Share & Forecast spreading across 125 Pages with table and figures in it.

Middle East District Cooling Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.

Increasing investments toward infrastructure development across the GCC countries coupled with growing demand for reliable and cost-efficient cooling systems will drive the district cooling market size. Rapid urbanization along with ongoing construction developments across government projects in prominent cities of Saudi Arabia including Mecca and Riyadh will stimulate the product penetration. In 2015, Emicool underlined its plan to expand its DC plant capacity to 250,000 tons of refrigeration in line with the expansion of the Dubai Investments Park as a part of its growth strategy for Dubai World Expo 2020. Middle East District Cooling Market size will exceed USD 12 billion by 2024

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Commercial district cooling market size is set to exceed 8 Million RT by 2024. Hotels, malls, shops, offices and hospitals are some of the key applications area. Increasing emphasis on energy conservation along with rising demand for Leadership in Energy and Environmental Design (LEED) certified buildings will positively impact the business growth.

Flourishing construction sector coupled with ongoing government targets towards energy efficiency will fuel the UAE district cooling market growth. Companies in the UAE including Empower and Logstor as a part of strategy entered into a joint venture to use fibre optic networks in their large DC systems for conservation of water resources in cooling distribution and production.

Growing adoption of sustainable energy to meet the escalating energy demand will embellish the district cooling market. Government legislations toward promotion of energy efficient and economical cooling solutions coupled with rising environmental concerns will stimulate the product penetration. The Dubai Integrated Energy Strategy 2030 developed in line with the Green Growth Strategy and the UAE Vision 2021 has set strategic directions toward secure and uninterrupted sustainable energy supply.

Torrid weather conditions and high humidity climate zones across Middle East will propel the district cooling market. The GCC countries experiences the longest summers with highest temperatures reaching about 540 C in 2016.

Absorption cooling in 2016 accounted for over 6% of district cooling market revenue. This technique is eco-friendly in nature and utilizes waste energy for production purposes. It utilizes heat as a source of energy and helps reduce the use of electrically driven cooling, thereby reducing carbon dioxide emissions.

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Qatar district cooling market share was valued at over 8% of market revenue in 2016. Significant expansion of DC systems and strategic government plans to reduce energy consumption will stimulate the market growth. The Qatar’s National Vision 2030 aims at achieving sustainable development of the country by transforming and providing high standard of living for its citizens.

Notable players in the district cooling market include Emirates District Cooling (Emicool), Emirates Central Cooling System (Empower) and National Central Cooling Company PJSC (Tabreed). Other industry participants include Qatar Cool, Stellar Energy, Siemens, Marafeq Qatar, ADC Energy, Shinryo Corporation and Logstor.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Middle East district cooling Industry Insights

Chapter 4 Middle East district cooling Market, By Production Technique

Chapter 5 Middle East district cooling Market, By Application

Chapter 6 Middle East district cooling Market, By Country

Chapter 7 Company Profiles

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Related Report:

District Cooling Market Application Potential, Competitive Market Share & Forecast, 2018 – 2024

District Cooling Market share is predicted to surpass USD 140 billion by 2024. Escalating demand for space cooling coupled with growing concerns toward carbon emissions will stimulate the district cooling market. Ongoing adoption of sustainable solutions along with rising penetration of renewable technologies will foster the business landscape.

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Machine Translation Market – Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

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MarketStudyReport.com Adds New Machine Translation Market 2017 – 2024 research report providing information and data By Technology, By Application, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 120 Pages with table and figures in it.

Machine Translation Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 19% to 2024.

Increasing requirement to localize the rising amount of content in the organizations to eradicate language barriers is driving the machine translation market. The ability to translate different languages according to the customer preferences and lack of existing translators for several specialized fields and language combinations is providing tremendous growth opportunities for the industry. Machine Translation Market size is set to exceed USD 1.5 billion by 2024.

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Growing demand across businesses to implement a cost-effective translation system in their business process is anticipated to drive the adoption rate of machine translation market size over the forecast timeframe. Implementation cost of these services is lower than traditional alternative. In addition to being-cost effective in nature, the technology is capable of performing at much faster speeds than human translators.

Players operating in the machine translation market have been increasing their R&D spending to develop cost effective solutions to fulfil customer requirements. For instance, Lionbridge introduced Smart Automated Translation software that quickly translate large volume content with minimum error and at lower costs. Lack of output accuracy and quality provided by the technology is anticipated to inhibit the machine translation market growth. Machines or software sometime fails to translate content with great accuracy. Such mistakes sometimes prove to be very costly and may hamper the overall business growth.

Global machine translation market share was dominated by SMT technology, which contributed over 60% to the revenue in 2016. This is attributed to the rising demand in the commercial space as it can be trained for specific data set and can be used recurrently for a business. Furthermore, the demand for cheap, fast computing hardware has enabled the SMT demand as it aids applications that rely on billions of statistics and large data.

Automotive applications will witness considerable growth due to the increasing use of the technology in efficiently interpreting motor part catalogs, technical documentation, how-to manuals, and automotive websites, such as ChromeData. This way the machine translation market aids the OEMs in quickening entry into international markets and surge revenue and brand equity.

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The U.S. machine translation market is set to be driven by the presence of a large number of service providers in the region. The support from governmental organizations such as the Defense Advanced Research Projects Agency (DARPA) provides extensive funding for MT for military & defense industry. In addition, the organization has Spoken Language Communication and Translation System for Tactical Use (TRANSTAC) program aimed at evolving transportable two-way speech translation systems that can operate on handheld and laptop devices.

The players operating in the machine translation market include Moravia IT, Lionbridge Technologies Inc., Google, Microsoft, Systran International, and IBM. In October 2016, AppTek LLC and Emergent LLC, announced that they had entered a partnership agreement. The partnership will aid, Emergent LLC to make the AppTek solutions and product catalog available on SEWP, where Emergent?s customers can update their businesses and grow their revenue using with AppTek?s technologies.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Machine Translation Market Industry Insights

Chapter 4 Machine Translation Market, By Application

Chapter 5 Machine Translation Market, By Technology

Chapter 6 Machine Translation Market, By Region

Chapter 7 Company Profiles

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Related Report:

Global Machine Translation (MT) Market Size, Status and Forecast 2025

This report studies the global Machine Translation (MT) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Machine Translation (MT) market by companies, region, type and end-use industry.

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Hydropower Market 2017: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2024

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MarketStudyReport.com Adds New Hydropower Market 2017 – 2024 research report providing information and data By Capacity, Industry Analysis, Regional Outlook, Price Trends, Competitive Market Share & Forecast spreading across 120 Pages with table and figures in it.

Hydropower Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 2% CAGR to 2024.

Rising electricity demand coupled with increasing investment towards sustainable energy will stimulate the global hydropower market size. As per International Energy Agency (IEA), hydroelectric accounted for over 80% of the total renewable energy mix. North America and Europe have introduced plans to upgrade, renovate, and modernize the existing stations to ensure more efficient operations. For instance, in March 2015, Latvenergo announced to invest USD 222.26 million towards reconstruction of Riga, Plavinas and Kegums hydroelectric power stations in Latvia by 2022. Hydropower Market size is set to exceed 1,300 GW by 2024.

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U.S. hydropower market size is projected to grow over 2% owing to its large untapped hydro potential reserves. Growing measures to minimize carbon footprints may further stimulate the business landscape. In 2015, Oak Ridge National Laboratory (ORNL) and Non-Powered Dams (NPDs) estimated 12,000 MW capacity of existing untapped reserves.

Reliable, high operating life cycle coupled with low maintenance costs are some of the key indicators which will stimulate the hydropower market share. Flood control, irrigation, tourism, aquaculture and recreation in remote areas are some of the salient benefits, which will complement the industry outlook. In Europe and North America, the authorities have introduced bond funds to raise investment for hydroelectric projects. These funds are particularly aimed at acquiring present assets over the new build.

Low generation cost along with ability to produce high electric output will foster the hydropower market share. In 2016, Department of Energy (DOE) projected Levelized Energy Costs (LEC) of USD 56.2/MWh from hydroelectric when compared with USD 191/MWh from solar thermal.

Large capacity segment in 2016 accounted for over 80% of global hydropower market share. Rising demand for continuous and reliable electricity along with upgradation of existing generating stations will stimulate the business landscape. In 2013, Agder Energi awarded a contract worth USD 24.4 million to Alstom, towards upgradation of the Iveland II hydroelectric plant in Norway, which has a generating capacity of approximately 150-GWh and 50 MW on annual basis. In 2016, Andritz installed three hydroelectric stations in Nicaragua and Brazil with an aggregate value of over USD 75 million with an aim to provide constant and reliable electricity.

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Low ecological impact coupled with cost competitiveness are some of the key parameters which will embellish the mini hydropower market size. The University of Science and Technology of Hanoi (USTH), Vietnam in February 2016 installed 60 MW of mini capacity grid connected power station in 48 different locations with capacity range between 100 kW to 7500 kW. Measures towards carbon emission coupled with low civil refurbishment cost will drive micro and pico hydropower market. In 2016, Philippines announced its ambitious plan to construct over 150 micro plants with an increasing electricity generating capacity approximately by 50 MW.

Major participants in hydropower market are ANDRITZ HYDRO, Voith, General Electric, Alfa Laval, China Three Gorges Corporation, China Yangtze Power, Metso, Hydro-Québec, RusHydro, Duke Energy, Agder Energi, Georgia Power, StatKraft, Ontario Power Generation, Engie, ABB, EDF and Tata Power.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Hydropower Industry Insights

Chapter 4 Hydropower Market, By Capacity

Chapter 5 Hydropower Market, By Region

Chapter 6 Company Profiles

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Global Hydropower Turbines Market Research Report 2018

In this report, the global Hydropower Turbines market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

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Vertical Farming Market Size Development Trends, Competitive Landscape and Key Regions 2024

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MarketStudyReport.com Adds New Vertical Farming Market 2017 – 2024 research report providing information and data By Product, By Application, By Technology, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 225 Pages with table and figures in it.

Vertical Farming Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 27% to 2024.

Vertical farming market is relatively providing impetus for growth in indoor farming sector due to the advent of LED lights and growth mechanism such as aeroponics, hydroponics etc. Low labor costs, location of vertical farms closer to consumer bases, accessibility to fresh produce, zero pesticides usage are the key vertical farming market dynamics sprouting up the growth. Vertical Farming Market size will cross USD 13 billion by 2024 according to a new research report.

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In terms of technology, hydroponics will continue to hold lion’s share by 2024, However aeroponics and aquaponics growth mechanism are likely to exhibit rapid gains during the forecast period taking up the market share of hydroponics. Less usage of water in comparison with hydroponics and traditional farming methods will spur the market for aeroponics expertise. Rising adoption of small scale aquaponics systems among farmers due to its cost benefits is playing a vital role in the growth of aquaponics technology.

In terms of applications, growing crops in indoor environments such as warehouses, shipping containers and parking areas will account for more than 70% share in 2024 due to space constraints in various urban cities. The burgeoning practice of controlled-environment agriculture (CEA) is set to revolutionize the indoor vertical farming market. Vertical farming in outdoor environments such as skyscrapers, barren lands, desserts etc. is also gaining acceptance though slow on the uptake.

Vertical farming product market consist of fruits, vegetables &herbs, equipment, and aquatic species. Lettuce dominates the overall fruit, vegetables and herbs market. Leafy greens and other herbs are the fastest growing crop types. Raising crab and fish in vertical stacked layers is also being touted as a viable way to farm. Tilapia is one of the most edible fish and dominates the aquatic species segment of the vertical farming product market. Lightning systems will capture the major share in vertical farming equipment market till 2024.

Declining food self-sufficiency rates and arable land in Singapore, China, Japan has led the vertical farming market in Asia-Pacific to grow at a rapid pace. Asia-Pacific vertical farming market is foreseen to surpass USD 4 billion by 2024. Asia’s government is supporting indoor agriculture industry more than any other government globally. The support ranges from national policy initiatives to subsidies. Lack of space in urban environments and water scarcity in Middle East who wants to reduce the reliance on food imports will push for the adoption of vertical farming concept in the region. Netherlands, Belgium, Germany and U.K. are the major European countries opting for vertical farming and constitutes major share of overall European region.

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Vertical farming market is at a nascent stage with key players such as General Hydroponics, Aerofarms, Plantagon International AB, Urban Crop Solutions, Sky Greens, Green Spirit Farms, Spread co Ltd, Mirai Co.Ltd., American Hydroponics etc. Major organizations that deal in equipment, specifically for vertical farming are EVERLIGHT ELECTRONICS CO., LTD (Taiwan), illumitex (Texas), and Koninklijke Philips NV (Netherlands). The costs of production differ based on the crop grown, technology leveraged, and installing equipment. Vertical farming produce is served to the end-consumer through various supermarkets, grocery stores, online stores and restaurant cafes etc.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Vertical Farming Market Industry Insights

Chapter 4 Vertical Farming Market, By Product

Chapter 5 Vertical Farming Market, By Technology

Chapter 6. Vertical Farming Market, By Application

Chapter 6 Vertical Farming Market, By Region

Chapter 7 Company Profiles

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Global Smart Farming Industry Market Analysis & Forecast 2018-2023

In the Global Smart Farming Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.

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Vacuum Coating Equipment Market Trends Analysis, Top Manufacturers, Shares, Growth Opportunities, Statistics & Forecast to 2024

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MarketStudyReport.com Adds New Vacuum Coating Equipment Market 2016 – 2024 research report providing information and data By Product, By Application, By Technology, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 190 Pages with table and figures in it.

Vacuum Coating Equipment Market Research Report for the period of 2016-2024 that shows the growth of the market is rising at a 8% to 2024.

The industry has recorded substantial growth in past few years with varied applications in electronics, power generation, automotive sector etc. It is commonly used in the electronics industry for integrated circuits, photovoltaic devices and microelectronics. Global consumer electronics market will record a CAGR of 4% till 2024.Industrial automation and manufacturing of high-end vehicles have increased adoption of integrated circuits in these fields. Escalating electrical & electronics industry will ramp up vacuum coating equipment market demand. Vacuum Coating Equipment Market size will cross USD 47 billion by 2024 according to a new research report.

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PVD coating is applied on engine parts such as valve train components, drive train components, piston pins, piston rings, and gears. In 2013, over 21 million units of commercial vehicles were manufactured and in 2016, manufacturing crossed 22.8 million units. Global passenger vehicles sales registered a growth of 7.2% between March 2015 to March 2016. Increasing adoption of this coating in automobile industry and other industrial applications will strengthen vacuum coating equipment market in future. It is specifically replacing chrome plating, as chromium is carcinogenic in nature and is getting ban in many regions. On the other hand, complex machinery requirements and the need for skilled operators etc. are some of the factors that will hinder growth PVD coating penetration.

PVD coating accounted for significant share of around 39% in vacuum coating equipment market in 2015. It has an edge over traditional coating methods (electroplating and painting) of providing longer shelf life, bright colors, and scratch resistant surface to the product. It provides a coating to engine components that reduces friction and wear between the parts, resulting in better efficiency and performance of the engine.

Magnetron sputtering has wide and diversified applications such as in gas sensors, corrosion-resistant films, magnetic films, metallizing for microelectronic circuits and chip carriers. Metallizing is an innovative technology replacing electroplating in electronics industry. Magnetron sputtering application will grow above 9% CAGR in global vacuum coating equipment market till 2024.

Asia Pacific contributes significantly in the market with nearly 50% share in revenue generation. Rapid industrialization has increased energy requirements of this region and boosted power generation industry significantly. Leading players of smartphone are foraying into manufacturing of premium smartphones category which requires luxurious external body display this in turn will stimulate vacuum coating equipment market demand.

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Positive outlook of automobile market in Germany, makes Europe a significant region in global vacuum coating equipment market. The market revenues in Germany crossed USD 910 million 2015. Vacuum coating equipment market is consolidated with few major manufacturers mainly such as Buhler AG, PVD Products Inc, BCI Blösch group, Applied Materials Inc, Singulus Technologies AG, and Kolzer SRL.These equipment’s are cost-intensive, so most of the companies have their own extensive distribution network and sales offices across different regions. For instance, Buhler AG develops vacuum coating equipment and distributes through its own shipping and transportation services.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Vacuum Coating Equipment Market Industry Insights

Chapter 4 Vacuum Coating Equipment Market, By Product

Chapter 5 Vacuum Coating Equipment Market, By Application

Chapter 6 Vacuum Coating Equipment Market, By Region

Chapter 7 Company Profiles

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Global Vacuum Coating Machines Sales Market Report 2018

This report studies the global Vacuum Coating Machines market status and forecast, categorizes the global Vacuum Coating Machines market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

https://www.marketstudyreport.com/reports/global-vacuum-coating-machines-sales-market-report-2018/?utm_source=RR-PSR

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Solar Microinverter And Power Optimizer Market Forecast Showing 10% CAGR to 2024: Analysis of Key Players, Trends, Drivers

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MarketStudyReport.com Adds New Solar Microinverter And Power Optimizer Market 2016 – 2024 research report providing information and data By Connectivity, By Application, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 174 Pages with table and figures in it.

Solar Microinverter And Power Optimizer Market Research Report for the period of 2016-2024 that shows the growth of the market is rising at a 10% to 2024.

Global Solar Microinverter And Power Optimizer Market is projected to exceed USD 1.4 billion by 2024. Growing demand for continuous and reliable power harvesting systems will stimulate the solar microinverter and power optimizer market. Increasing adoption of PV systems for residential and commercial applications will propel the industry growth. Favorable government incentives including financial assistance, tax rebate, soft loans and low import duty will further complement the business outlook.

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Decreasing component price coupled with innovative technologies will drive the solar microinverter and power optimizer market. Major players including SolarBridge and Tigo are developing the smart technology to strengthen the PV architecture, thereby positively impacting the ROI of end consumer. Higher initial cost as compared to the traditional inverter may hinder the business growth.

Standalone solar microinverter and power optimizer market is predicted to witness significant growth subject to its compact by eliminating capacitor and transformer. Favorable government initiatives including tax rebate, feed in tariff and subsidies towards the adoption of solar power systems will positively stimulate the product penetration.

Growing adoption of solar rooftop systems will increase the demand for global solar microinverter and power optimizer. Increasing deployment of PV systems for commercial applications including SEZs and shopping malls will positively impact the business growth. Higher energy yields, module level monitoring and improved safety measures will drive the commercial solar microinverter and power optimizer market. Declining system cost coupled with rising demand for uninterrupted power supply will encourage the adoption across utility applications.

The U.S. solar microinverter and power optimizer market is witnessed to grow over 15% by 2024. Government has introduced tax credit schemes for the installing PV systems across residential and commercial centers availing 30% tax credit.

For Europe, Germany dominates the solar microinverter and power optimizer market subject to the introduction of Directive 2009/28/EC, promoting the production of energy from renewable sources. It focusses the target to fulfil 27% of energy needs through renewables by 2030.

China is predicted to exceed 1.4 GW by 2024 owing to growing adoption of sustainable energy. In 2016, China introduced a strategy to lighten poverty by increasing the income of underprivileged households through installation of solar systems. The National Energy Agency (NEA) is framing policies for the deployment of PV technology across off-grid areas.

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Abundant solar resource availability, low interest rates and stable political environment are the factors responsible to augment Latin America solar microinverter and power optimizer market. Chile aims to harness 70% of total energy through renewable sources by 2050.

Key industry participants include Enphase Energy, SolarEdge Technologies, Delta Energy Systems, Solantro, i-energy, Petra Systems, Altenergy Power System, Tigo Energy, Kaco New Energy, Sparq Systems, SunPower Cormporation, Array Power and Chilicon Power.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Solar Microinverter And Power Optimizer Market Industry Insights

Chapter 4 Solar Microinverter And Power Optimizer Market, By Connectivity

Chapter 5 Solar Microinverter And Power Optimizer Market, By Application

Chapter 6 Solar Microinverter And Power Optimizer Market, By Region

Chapter 7 Company Profiles

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United States Solar Microinverter Market Report 2018

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https://www.marketstudyreport.com/reports/united-states-solar-microinverter-market-report-2018/?utm_source=RR-PSR

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Robotic Process Automation Market by Trends, Key Players, Driver, Segmentation, Forecast to 2024

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MarketStudyReport.com Adds New Robotic Process Automation Market 2017 – 2024 research report providing information and data By Tools, By Operation, By Service, By Solution, By Organization Size, By Application, Industry Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast spreading across 190 Pages with table and figures in it.

Robotic Process Automation Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 20% CAGR to 2024.

The growing adoption of RPA technology by organizations to enhance their capabilities, performance and reduce operational costs is expected to drive the Robotic process automation market growth over the forecast timeline. In order to gain ease of the processes, organizations are increasingly deploying these solutions with the traditional business processes. Surge in demand to eliminate manual interference in simplified and time-consuming business processes is predicted to increase the technology adoption rate. Robotic Process Automation (RPA) Market size is set to exceed USD 5 billion by 2024; as per a new research report.

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Robotic process automation market has a huge potential to transform the way organizations operate and support various business processes. Surging eminence of BPM solutions led to rising need of automating the operations by small & medium businesses to stay ahead of the competition. Factors such as capability of the technology to offer increased control over the processes and perform high-volume routine tasks without human intervention, contributes significantly to the RPA market growth. Rising awareness associated with the benefits of the solutions among various organizations such as high level of accuracy and efficiency provide impetus to the demand for Robotic process automation market solutions.

Lack of technical expertise associated with the deployment and integration might hinder the RPA market growth. Moreover, less potential of such solutions to grow in the knowledge based business operations is expected to curb the industry demand. Continuity in the business processes, ROI and practical implications are among the major concerns related to the technology implementation. Unwillingness of employees to make a transition from traditional business processes to automated business processes coupled with the lack of awareness will also pose a challenge to the adoption.

Increasing demand from organizations to automate the business processes such as handling customer enquiries is leading to the significant growth of automated solutions demand. Adoption of such automated solutions helps organizations to streamline the business operations and focus on their core competencies. Automation of monotonous tasks such as timesheets & proposal submissions eliminates the work load on production team results in increased productivity and fueling the organization’s competitiveness.

To bridge the gap between largely backed digital transformation projects, the IT & telecom sector is expected to witness high growth in the Robotic process automation market. With a virtual workforce that streamlines the traditional business processes, RPA can accomplish this leading the valuable company resources to focus on more important work. The BFSI industry is expected to witness highest adoption of RPA solutions, which can be attributed to the accuracy, efficiency offered by such systems in terms of costs, providing a quick way to address the regulatory compliance issues by bridging the connection between the BPM and ERP systems.

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Europe Robotic process automation market is anticipated to witness significant growth over the forecast timeline. This can be attributed to the presence of large number of logistics and manufacturing companies in the region. The technology helps in rationalizing the pickup & drop operations in order to obtain eminent advancement in the cycle time and enhance the customer experience. Owing to the increasing need for customer support across various industry verticals such as BFSI, IT & telecommunication, government and insurance, the RPA market has significant potential to grow in Australia.

Companies operating in the industry include Xerox Corporation, Blue Prism, Nice Systems Ltd., Automation Anywhere, Ipsoft, Celaton Ltd., Pegasystems, Redwood Software, Uipath and Verint. The industry is currently witnessing heavy investments in technology by various players to gain high ROI. Moreover, they increasingly focusing on improving the offerings to meet the rising demand of automation processes.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 RPA Industry Insights

Chapter 4 RPA Market, By Service

Chapter 5 RPA Market, By Tools

Chapter 6 RPA Market, By Organization Size

Chapter 7 RPA Market, By Solution

Chapter 8 RPA Market, By Operation

Chapter 9 RPA Market, By Application

Chapter 10 RPA Market, By Region

Chapter 11 Company Profiles

More Report At: http://www.openpr.com/news/archive/144590/marketstudyreport-com.html

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