Demand for Concentrated Photovoltaic (PV) and Solar Photovoltaic Market Increases with Innovation and Technology

Recently, Zytech Solar will deliver solar panels to big photovoltaic power plant in Gran Canaria Island situated in Canary Islands. The project is co-financed by Municipality of Galdar and Las Palmas de Gran Canaria. The solar panels produced by Zytech Solar has high radiation technology that gives high performance in high radiation areas. The solar panel produced by them are well renowned, as the manufactures have used innovative technologies through research and development.

The earth receives around 71 percent of the solar energy (the atmosphere and the earth’s surface), as per NASA- Robert Simmon.  Thus, there is an immense scope of using this energy at its best with the help of solar photovoltaic technology. The solar photovoltaic technology converts solar energy into various useful energy by absorbing solar photon. Photovoltaic or solar cells convert the solar energy into electric energy with the help of photovoltaic effect.   Solar photovoltaic modules can be collected together as a group of parallel or series connected modules that will provide any level of power required for consumption, it might differ from watts to kilowatt and megawatt in size. There are different types of solar cells such as polycrystalline, cadmium telluride solar cell, hybrid solar cell, dye-sensitized solar cell, plastic solar cell, buried contact solar cell, thin film solar cell, plasmonic solar cell, polymer solar cell, and monocrystalline solar cell.

Reducing price of conventional photovoltaic modules has increased the demand for concentrated photovoltaic technology. In addition the required by   concentrated photovoltaic for installation is relevantly smaller that will significantly increase its demand in coming years. 
The use of solar technology is more in areas where there is sufficient supply of solar energy. The advanced use, cost involved, performance, reliability, and trade offs are some of the major factors considered by the manufactures in the global market for concentrated photovoltaic and solar photovoltaic market. 
Cost effective and wide applicability are the main driving factors for concentrated photovoltaic technology. Earlier, the cost involved in concentrated photovoltaic systems was higher than the photovoltaic systems and acted as the major barrier for the CPV industry.  However, the reducing cost of silicon PV and constant efforts put in to improve its design and technology have created positive impact for the market to grow well. 

According to the stats given by Plastics Institute of America, Europe is leading the concentrated photovoltaic and solar photovoltaic market across the globe. As it requires more than half of the world demand of almost 16.48 GW of concentrated photovoltaic. 

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Moreover, Asia Pacific stand at the second position with the increasing demand from China. It has been anticipated that by the end of 2020 the solar photovoltaic is expected to be without government policies, cost effective than traditional electricity, and will be subsidized across nations. 
By introducing multijunction solar cell that has been adopted by various companies and used as technology to manufacture solar cells. Additionally, Saint-Augustin Canada Electric (STACE) has acquired Soitec solar CPV technology, making it the most significant mergers and acquisition in 2017. 

Developing Cosmetic Industry to Encourage Growth of Global Bamboo Extract Market

Bamboo extract has been gaining immense popularity, especially in the cosmetic industry. The rising awareness among consumers regarding the benefits of bamboo extracts is predicted to generate potential growth opportunities for the market players in the next few years. Thanks to these factors, the global bamboo extract market is estimated to register a strong growth rate in the next few years, states a new market research study that has been recently published by Transparency Market Research.

Increasing Number of Applications to Drive Global Bamboo Extract Market 

The global market for bamboo extract is projected to witness a healthy growth rate in the next few years. The rising use of the bamboo extract in therapeutic herbal formulations is considered as one of the major factors projected to enhance the growth of the market in the next few years. The use of bamboo extracts in the healthcare industry is predicted to accelerate the growth of the market in the next few years.

Furthermore, the rise in the number of applications across diverse industries is another key factor that is projected to encourage the growth of the global bamboo extract market in the next few years. The rising demand for herbal cosmetics is predicted to boost the demand for bamboo extract in the next few years.

Asia Pacific to Lead Global Bamboo Extract Market in Coming Years

The global market for bamboo extract has been categorized on the basis of geography into the Middle East and Africa, North America, Latin America, Asia Pacific, and Europe. Among the mentioned segments, Asia Pacific is projected to lead the global bamboo extract market and account for a large share in the next few years. The rising contribution from the developing economies is one of the major factors estimated to enhance the growth of the market in the next few years. 

Furthermore, the North America market for bamboo extract is projected to witness a strong growth in the next few years. The presence of a large number of players in this region is predicted to accelerate the growth of the North America market in the next few years.

Global Bamboo Extract Market to Witness Stiff Competition in Near Future 

The global market or bamboo extract is considered to have a stiff competition among the key players of the global market and is predicted to remain in this scenario in the coming years. The rise in the number of players that are likely to enter the market is projected to strengthen the competitive environment of the market in the coming years. The leading players in the market are focusing on the research and development activities, which is further anticipated to accelerate the growth of the overall market in the near future. 

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Some of the key players operating in the bamboo extract market across the globe are Orgenetics Inc., Cactus Botanics, Specialty Natural Products Co., Ltd., Croda International Plc., and Jiaherb, Inc. These players are likely to emphasize on the expansion of the product portfolio in order to maintain their leading position in the global bamboo extract market in the next few years.

Demand from Automation and Construction Industries Bolsters Global Metal Fabrication Market

The global metal fabrication market is expected grow at a positive pace due to rise in demand for computer aided manufacturing technologies. Recent innovations in technologies is predicted to drive the global metal fabrication market. Metal fabrication is a method of making metallic assemblies and structures from raw metal pieces. The method of metal fabrication is called a value added service as it deforms the raw material and produces a completely new structure through various methods such as machining, metal welding, metal cutting, metal forming, and others, thus requiring ample skills and financial support.  

Numerous ERM technologies and software find its usage in the metal fabrication industry. This process helps in making decisions fast as the data are easily accessible. The global metal fabrication market is expected to report a 3.4% CAGR during the forecast period, according to a study by Transparency Market Research (TMR). The report states that the market was valued at US$16824.1 mn in 2016 and is predicted to grow.

One of the key players in the global metal fabrication industry, O’Neal Manufacturing Services has relocated and expanded its factory in Bayou City nearly after 20 year in southwest Houston. According to the reports the company has moved from 192999 square foot location in Clinton drive to a 1220000 square factory at Henry Road in northern part of Houston. Presently, the Houston facility has over 50 employees, and is expected to hire more for its third and second shift according to the company’s press release, thus giving a job opportunity to the people of north Houston. This has helped the company to capture the market in the northern part of Houston apart from holding it majorly in southern part.

Factors Impacting the Market Growth of the Global Metal Fabricating Market

Advent of automation tools and robotics in the metal fabrication market has boosted the manufacturing speed. It has also helped the organizations to become more efficient with a cut to labor cost. Rise in robotic and automation in the metal fabrication market has seen a big nod as it performs the critical jobs like cutting wielding which were previously done my labor force, thus making the work area safer. Laser saws which work on its own helps in cutting the metal for the initial process of fabricating. Fabricated metals are used as end use in industries such as oil and gas, automotive, consumer products, agriculture, aerospace, defense, military, and medical devices. 

Lack of skilled labors needed for the global metal fabrication industry is deterring the market. The organization are failing to find skilled labors, thus making them rely on the automated devices. It has been reported that countries like India, USA, Japan, and China are witnessing a severe shortage in skilled labor despite the high unemployment rate. This is expected to cut down the growth rate of the market.  However, use of additive manufacturing has helped organization to obtain 3D print of the object in less time. Additive manufacturing which provides customizable manufacturing, helps the fabricators to design complicated part easily. Though it is expected that the additive manufacturing is expected to commercialize in future thus developments in field is about to be curbed. 

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The organizations in the global metal fabricator industries are trying to follow the market trends and business tactics in order to suffice its customers. Rise in urbanization is bolstering the market for fabrication market.  On the basis of end use industry, the market can be classified into automotive, construction, energy and power, electronics, manufacturing, and others. Construction segmented dominated the market in 2016, and is expected to continue so in future. The market is spread across Europe, North America, Middle East and Africa, Europe, Asia Pacific, and Latin America.  Amongst the pack, Europe and Asia Pacific is accounted for a major share in the market, as the most promising construction and automotive companies are located in this region. North America is expected to be the fastest growing market due to rapid growth in automation in future.

New method and ingredient likely to boost the global frozen pizza market

There is an increase in the consumption of frozen pizza across the globe due to variety of options and toppings available. New toppings are being introduced by various vendors to engage its consumers. The popularity of vegan frozen pizza is gaining demand due to shift of population to vegan lifestyle and dietary habits. To increase demand, some companies are engaging in handmade flatbread pizza. 

The manufacturers in the business are coming up with new innovative and high quality methods to produce better pizzas that are convenient, better quality, and cost effective. They are also engaging in environment friendly processes and packaging to attract consumers. The concept of less sodium and non-preservative is also gaining prominence among the consumers. Advanced technologies used in supply, storage, and production of frozen pizza has also increased its demand. The manufacturing companies are prioritizing minimal food wastage and safety of food. 

According to a report by Transparency Market Research, the global frozen pizza market is anticipated to grow at a CAGR of 6.5% by 2026. It is expected to rise the revenue valuation by US$25, 971.0 mn during the forecast period of 2017 to 2026.

Conagra brand, Inc., is introducing Healthy Choice in its extending Power Bowl line which is famous for providing healthy breakfast choices in different varieties.  These morning power bowls provide healthy, quick, and nutrient dense addition to breakfast to consumers who are time starved as well as health conscious. These have varieties of exotic flavor combinations such as cauliflower curry, tahini, falafel, feta salad and white bean, and Mango Edamame. The brand is further providing vegan and vegetarian options to its consumers. 

Thin crust pizza is the leading among all types of pizzas in demand. It is the top selling frozen pizza and is expected to reach US$12,400 mn revenue by 2026. This demand is due to softer base of the pizza which enhances the eating experience. Thin crust pizzas are less in calorie compared to the conventional pizzas. 

Among all the toppings used in pizza, meat is the most preferred topping in frozen pizza toppings. Meat is expected to reach US$11,700 mn revenue by 2026 end. The demand for different types of toppings on pizzas will boost the growth of meat. 

Cheese is the second most preferred topping in frozen pizza topping. It is consumed by majority of consumers. 

Medium size of pizzas will be gaining more revenue share by 2017. It will increase the revenue valuation by US$6,800 mn during 2017 to 2026. This increase in demand is due to the size that can suffice two people thus, reducing wastage of food. 

Food chain services will be the largest distribution channels in the frozen pizza market. The food chain service is expected to reach US$8,300 mn revenue by 2026. Consumers prefer buying frozen pizza from food chain store compared to all other channels because it has more options and variety to choose from. They also provide support service in case of complaint.

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North America is dominating the global demand for frozen pizza and is likely to remain in the lead till 2026. The presence of leading companies in this region has led to rise of this region. These companies are engaging in advanced methods and research to provide better service and products. 
Asia pacific is also expected to rise in the coming years due to change in lifestyle and shift in convenient food options. 

Some of the key players in the global frozen pizza market are Atkins Nutritionals, Inc., McCain Foods Ltd, California Pizza Kitchen, FRoSTA AG, and Nestle S.A.

Internet of Robotic Things Market Benefits from Increasing Ubiquity of Internet of Things


The global internet of robotic things (IoRT) market is gaining traction as internet of things (IoT) increasingly becomes ubiquitous. IoRT is an ecosystem wherein smart robots that are integrated into IoT to perform an array of functions. It assists to monitor events and control objects in the physical world by collecting sensor data from a variety of sources to determine the course of action. 
Before we delve into the market, here’s a quick primer on the phenomenon - Internet of Robotic Things refers to robot connected as a thing to IoT technology which builds connections with other objects over the Internet. Using IoRT intelligent devices can monitor events, fuse sensor data from different sources, use local and distributed intelligence to determine a best course of action. This follows by an act to control or manipulate objects in the physical world.
The global internet of robotic things market is driven by a number of favorable factors. Expansion of the e-commerce industry and increasing application areas due to integration of robots with various technologies is serving to boost the use of internet of robotic things. Increasing use of smart devices, automation in manufacturing processes, and proliferation of e-commerce are some factors driving the IoRT market. 
On the downside, lack of awareness of Internet of robotics technology and high cost factor for research of internet of robotic things are some factors challenging the market’s growth. Nevertheless, increasing adoption of industrial robots by small and medium enterprises is likely to create opportunities for vendors in the internet of robotic things market.
Internet of robotic things: Components and Structural Framework
Internet of robotic things is positioned on the top in the cloud robotics paradigm, which leverages certain aspects of cloud computing such as virtualization technology, and three service models.
The internet of robotic things architecture can be divided into five layers, which include hardware/robotic things layer, network layer, internet layer, infrastructure layer, and application layer. 
Internet of robotic things use sensors, middleware, edge computing, deep learning and more to enable industrial robotic devices that coordinate and collaborate. 
Potential Applications of Internet of Robotic Things 
Applications of Internet of robotic things are varied that can range from warehouse automation to parking lot management to elderly care. In parking lot management, an internet of robotic things technology device can check in a corporate parking lot is only used by authorized cars, and raise an alet in the event of unauthorized cars enter the lot.
Internet of robotic things finds application in warehouse automation fulfillment center. This is where mobile robots move bins and pallets and can coordinate their movements.
Some other new phenomenon where Internet of robotic things is poised to find application is the personal robot space. This involves to take real physical action by learning and combining sensor data, which can range from garden maintenance to support of the elderly or cleaning. 
Internet of robotic things can find application in physical security. Among the new applications of internet of robotic things, healthcare is prominent one. 

Increases Demand of Frozen Processed Food Market Due to Changing Lifestyle

The demand for global frozen processes food worldwide is driven by busy schedule and changing lifestyles of global population. People are increasingly opting for convenient options for meal. This change in consumption is likely to increase demand for frozen processes food worldwide. The highest demand for frozen processes food market is in countries like Philippines, china, U.S., and India. 

Increase in disposable income is also adding fuel to the demand of frozen processes food market. Another reason that can lead to increase in revenue generation of this market is growing number of refrigerators in various developing countries.

According to Transparency Market Research, the global market for frozen processed food was US$57.50 bn in 2014 and will be worth US$69.11 bn by 2021 exhibiting a CAGR of 2.7%. 

Tyson Foods Inc. is one of the leading brands for supplying branded organic chicken through its acquisition of Tecumseh Poultry LLC. However, the terms of the deal has yet been disclosed. This brand produces air chilled and fresh chicken in a variety of choices.  

Consumers are shifting their preference to frozen food because of constrained ability and time to cook. This means they get prewashed, precut, and afterward frozen ready to cook food. This is helping with the rise in demand.

The manufacturers are engaging in cutting edge strategies and product development to increase the quality of processed and frozen items. This will increase the consumption rate of the same. 
The change in perception of consumers about frozen processed food is likely to increase the demand for processed food. Consumers are considering processed food as alternatives to food and not just a convenient way to cook. There is an increase in supply of food that are natural, characteristic, no additives, and sound frozen processes food.North America is the leading region in regards to consumption of frozen processed food. It will be acquiring major share in the revenue generation of the same.

The awareness among people in North America with the lifestyle is likely to boost the growth.Asia pacific will be the emerging region in the consumption of frozen processed food with a CAGR of 7.5% by 2021. The advancement of technologies with development of new items with cost effective range of prices will increases revenue generation in Asia Pacific. Frozen processed poultry segment is likely to lead in the consumption of frozen processed food products. 

There is a constant demand for frozen nuggets, chicken sausage, chicken popcorn, and shredded chicken. This will constantly benefit the frozen processed food demand. 
Majority of consumers are shifting from red meat to lean meat thus contributing value worth of US$9.91 bn by 2021. 

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Some of the key players in the global frozen processed food market engaged in providing the service are BRF S.A., General Mill, ConAgra Foods, Inc., Nestle S.A., Unilever plc, and Tyson Food Inc. these companies are focused on innovating products to deliver items that is suitable for dietary needs and myriad palates. They are also focusing on strengthening their retail networks

Fishmeal and Fish Oil Market to Register High Growth with rising Number of Applications

The global market for fishmeal and fish oil is projected to witness a healthy growth rate in the next few years. The key application segments of the market include land animal feeds, pharmaceuticals and dietary supplements, fertilizers, and aquaculture and aquatic feeds. The rising research and development activities and the innovative processing processes are some of the key factors that are projected to accelerate the growth of the global fishmeal and fish oil market in the next few years. According the market research study by Transparency Market Research, the global fishmeal and fish oil market is projected to register a promising growth rate in the next few years.

The major factors that are projected to enhance the growth of the global fishmeal and fish oil market have been stated below:

The rising number of incorporation of fishmeal and fish oil in poultry and swine diets is one of the major factors estimated to encourage the growth of the market in the next few years.
The enhancement of the productivity and the environmental performance of aquaculture are some of the key factors that are estimated to enhance the growth of the market in the coming few years.
In addition to this, the sustainability intensification of aquaculture is expected to enhance the growth of the overall market and offer potential growth opportunities for the market players in the near future. 
Furthermore, the rising consumer awareness concerning the benefits of using fish oil is projected to enhance the growth of the overall market in the next few years.

On the flip side, the rising use of the alternative feed ingredients and the microbial contamination in aquafeed are predicted to restrict the growth of the global fishmeal and fish oil market in the next few years.

North America to Witness High Growth in Coming Few Years

The global market for fishmeal and fish oil has been categorized on the basis of geography into the Middle East and Africa, Asia Pacific, Europe, North America, and Latin America. Among these, North America and Latin America are estimated to witness a healthy growth in the next few years. The rising consumption and the rising awareness among consumer regarding the health benefits of these products are estimated to encourage the growth of these two regions in the next few years. Furthermore, the rising developments and advancements is another major factor that is anticipated to enhance the growth of the overall market in the next few years.

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The global market for fishmeal and fish oil is competitive in nature with a large number of players operating in it across the globe. The players are focusing on marketing and advertising activities to enhance the growth of the market in the next few years. Some of the key players operating in the fishmeal and fish oil market across the globe are Pioneer Fishing, Pesquera Exalmar S.A.A, Copeinca ASA, GC Rieber Oils, Sürsan, FMC corporation, The Scoular Company, Croda International PLC., FF Skagen A/S, Colpex, Corpesca SA, Omega Protein Corporation, Oceana Group Ltd, Marvesa,  Austevoll Seafood ASA, and Triplenine Group. The rising investments by the leading players is projected to enhance the market growth in the coming years.



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