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MARKET REPORT

Solar Thermal Fuel Market Poised to Expand at a Robust Pace by 2023

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Solar Thermal Fuel Market: A practical green energy source

  • Solar thermal fuel is a chemical that can absorb solar radiation, store it for a longer period, and release it. Solar thermal fuels (STFs) store solar energy through light-induced changes in their molecular structure, and release the energy in the form of heat in future, as needed.
  • Solar thermal fuel works on the principle of artificial photosynthesis. It absorbs sunlight and undergoes a molecular transition to a different isomer, which is higher in energy. If energy is needed, a catalyst is used to reverse the photochemical transition and heat is released.
  • A solar thermal fuel resembles a rechargeable battery; however, instead of electricity, the input is the sunlight and the output is thermal energy. The energy capacity of solar thermal fuels is equivalent to lithium-ion batteries, and they represent a fully cyclable solution as they can be recharged after use through re-exposure to sunlight.
  • Solar thermal fuels are capable of accumulating solar energy for up to 18 years. Researchers estimate that the ideal variant of STFs can store as much as 250 watt-hours of energy per kilogram.

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Key drivers of solar thermal fuel market

  • Energy storage has been a significant hurdle to the prevalent adoption of renewables across the globe. The newly developed solar thermal fuel is likely to be the potential green energy source, since it could store solar energy for over a decade.
  • Unlike fossil fuels, this specialized fluid is eco-friendly since STF is reusable. It does not produce carbon dioxide or other greenhouse gases that are harmful to the atmosphere. Solar thermal fuels are likely to serve as a revolutionary solution to control the prevalent global warming crisis in the near future.
  • As a unique source of clean energy, solar fuel has been a focus for researchers around the world for the last 40 years
  • According to the United Nations’ projections, the global population is estimated to reach 8.5 billion by 2030, which is estimated to further exceed 9.1 Bn by 2050. Creating clean fuel from water, sunlight, and carbon dioxide is estimated to become a commercial option in the future in order to meet the future energy demand, thus presenting brighter potential for solar thermal fuel market during the forecast period.
  • Currently, more research needs to be done to determine the viability of this solar energy storage method, and it is not yet known how much a commercial version of this specialized fuel would cost. 

Household as well as industrial areas to have a wide variety of applications

  • Solar thermal fuel is likely to offer significant potential, as a new technology to provide useful and renewable heat energy, particularly for applications where periodic heating is required; for instance, de-icing or night-time heating in buildings.
  • STF is not yet a mature technology; however, it has a wide variety of potential applications in areas of heating.
  • The specialized fluid can reportedly absorb a bit of energy from sunlight and hold on to this energy for months or even years. The energy is then released when it is needed, and is free of greenhouse gas emissions. Unlike natural gas and coal, solar thermal fuels are environmentally friendly and reusable.
  • The potential household applications for solar thermal fuel could be to power the water heater, dishwasher, clothes dryer, etc.
  • The potential industrial applications could include low-temperature heat used for distillation, sterilization, cooking, bleaching, and other such commercial operations
  • Solar thermal fuel could be stored in uninsulated tanks at factories or houses, and the system can operate in a closed loop, collecting solar energy and dropping off heat over and over again. These unique characteristics are likely to drive the solar thermal fuel market by 2027.

Nascent Stage of the Solar Thermal Fuel Market: Uncertainty about commercialization of STFs

  • The solar thermal fuel market is currently in the nascent stage. Despite its breakthrough potential, the commercialization of the product involves several uncertainties regarding its design, costing, and implementation.
  • The design and optimization of STF materials as devices or coatings has been a major challenge for researchers, since liquid form STFs are viable and solid-state photo-switching is relatively rare.
  • However, solar thermal fuel is likely to be an optimal alternative amidst the world’s quest for clean energy solutions. The share of solar energy reached 36% of all newly added power capacities in 2018. All solar photovoltaic power plants together formed only 2.2% of the world’s electricity output in 2018. This shows that despite solar’s recent dominating role in annual power generation additions, there’s huge untapped potential for both solar and it’s renewable.

Europe has been a key contributor to the discovery of solar thermal fuel

  • In terms of region, the global solar thermal fuel market can be split into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
  • Prominent research work for solar thermal fuel was undertaken in Chalmers University of Technology, Sweden, in November 2018
  • Asia Pacific is expected to witness a significant demand for solar thermal fuel, owing to the commercialization of STF in the near future

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Key research institutions and associations operating in the solar thermal fuel market

Solar thermal fuel is currently in the research phase, and not commercialized yet. Key research institutions and associations operating in the solar thermal fuel market include

  • Chalmers University of Technology, Sweden
  • Lancaster University, U.K.
  • Massachusetts Institute of Technology (MIT), U.S.
  • Solar Energy Industries Association (SEIA)
  • International Solar Energy Society (ISES)
  • Hawaii Solar Energy Association (HSEA)
  • European Solar Thermal Electricity Association (ESTELA)
  • Southern Africa Solar Thermal (SASTELA)
  • The Australian Solar Thermal Energy Association (AUSTELA)
  • Solar Energy Society of India
  • International Energy Agency (IEA) 

 

MARKET REPORT

Internet of Mobility Market Trends in the Market 2019 – 2027

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TMR’s latest report on global Internet of Mobility market

The recent market intelligence study by Transparency Market Research elaborates the all in all perspective of the worldwide Internet of Mobility market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.

Analysts at TMR find that the global Internet of Mobility market reached a value of ~US$ xx Mn/Bn in 2018 and is anticipated to grow at CAGR of xx% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Internet of Mobility among the consumers, better disposable income, and enhanced GDP in developing countries.

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Market distribution:

Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    After reading the Internet of Mobility market report, readers can:

    • Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Internet of Mobility market.
    • Grasp the market outlook in terms of value and volume.
    • Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Internet of Mobility market.
    • Learn about the manufacturing techniques of Internet of Mobility in brief.
    • Figure out the positive and negative factors impacting the product sales.

    What kind of questions the Internet of Mobility market report answers?

    1. Why is region witnessing the slowest demand growth for Internet of Mobility ?
    2. What kind of agreements are the players entering into in the global Internet of Mobility market?
    3. Which sub-segment will lead the global Internet of Mobility market by 2029 by product?
    4. Which Internet of Mobility market players hold significant shares in terms of value and volume?
    5. What alternatives are consumers looking for in the global Internet of Mobility market?

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    Why go for Transparency Market Research

    • One of the leading market research firms in India.
    • Serves 350+ clients every day.
    • Facilitates 60+ countries with innovative market ideas.
    • Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
    • Available round the clock.

    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Mr. Rohit Bhisey
    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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    MARKET REPORT

    Weather Forecasting Equipment Market Highlighting Regional Revenue Share Dominance During 2019-2027

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    Analysis of the Global Weather Forecasting Equipment Market

    The presented global Weather Forecasting Equipment market report provides reliable and credible insights related to the various segments and sub-segments of the market. The market study throws light on the various factors that are projected to impact the overall dynamics of the global Weather Forecasting Equipment market over the forecast period (20XX-20XX).

    According to the report, the value of the Weather Forecasting Equipment market was estimated to reach ~US$ XX in 2019 and attain a market value of ~US$ XX by the end of 2029. Further, the study reveals that the market is set to grow at a CAGR of XX% during the forecast period owing to a plethora of factors.

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    The market study aims to provide answers to the following questions related to the Weather Forecasting Equipment market:

    1. How are market players modifying their business models to gain a competitive edge in the Weather Forecasting Equipment market?
    2. Which market players are leading in terms of the adoption of novel technologies?
    3. What are the top factors that are expected to boost the growth of the Weather Forecasting Equipment market?
    4. Which is the most impactful growth strategy adopted by market players?
    5. What are the factors that could potentially hamper the growth of the Weather Forecasting Equipment market over the forecast period?

    The report splits the global Weather Forecasting Equipment market into different market segments such as

    Vaisala (Finland)
    Sutron Corporation (US)
    Campbell Scientific (US)
    Airmar Technology Corporation (US)
    Liquid Robotics (US)
    All Weather, Inc. (US)
    Morcom International, Inc. (US)
    Columbia Weather Systems (US)
    G. Lufft Mess-und Regeltechnik (Germany)
    Skye Instruments (UK)

    Segment by Regions
    North America
    Europe
    China
    Japan
    Southeast Asia
    India

    Segment by Type
    Barometer
    Anemometer
    Hygrometer
    Rain Gauge
    Thermometer
    Radiometer
    Scatterometer
    Spectrometer
    Others

    Segment by Application
    Agriculture
    Aviation
    Transportation & Logistics
    Energy & Power
    Marine
    Meteorology
    Hydrology
    Others

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    Vital data enclosed in the report:

    • SWOT analysis of the leading market players in the Weather Forecasting Equipment market
    • Analysis of the most lucrative distribution channels for market players in different regions
    • Assessment of the key success factors impacting the growth of the Weather Forecasting Equipment market on the global scale
    • Regulatory policies that are likely to accelerate/hamper the market growth
    • Year-on-Year growth of each market segment and sub-segment

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    MARKET REPORT

    Sodium Bicarbonate Market Challenges On Upcoming Trends 2019 – 2027

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    Latest Study on the Global Sodium Bicarbonate Market

    The latest report published by Transparency Market Research on the Sodium Bicarbonate market offers valuable insights related to the future prospects of the Sodium Bicarbonate market. The underlying trends, prospective opportunities, impeding factors, and notable market drivers are analyzed in the presented report.

    As per the study, the Sodium Bicarbonate market is expected to grow at a CAGR of ~XX% and reach a value of ~US$ towards the end of 2029. Moreover, an in-depth analysis of the micro and macro-economic elements that are expected to influence the trajectory of the Sodium Bicarbonate market during the forecast period (2019-2029) is included in the report.

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    Indispensable Insights Related to the Sodium Bicarbonate Market Included in the Report:

    • Estimated output of the Sodium Bicarbonate market in 2019
    • Growth factors and restraints likely to influence the dynamics of the Sodium Bicarbonate market
    • Growth prospects of the Sodium Bicarbonate market in various regions
    • Parameters expected to shape the growth of the Sodium Bicarbonate market
    • Company profiles of established players in the Sodium Bicarbonate market

    An in-depth evaluation of the growth prospects and market scenario in each region is enclosed in the report backed by informative and relevant list of figures, tables, and graphs. 

    Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

    Request For Discount On This Report @ https://www.transparencymarketresearch.co/sample/sample.php?flag=D&rep_id=70800

    The report clarifies the following doubts related to the Sodium Bicarbonate market:

    1. Which end-use is likely to dominate the Sodium Bicarbonate market in terms of demand and share?
    2. What is the scope for innovation in the Sodium Bicarbonate market?
    3. How are the evolving regulatory policies expected to impact the growth of the Sodium Bicarbonate market?
    4. Which region is likely to offer a plethora of opportunities for market players in the Sodium Bicarbonate market?
    5. How are market players aiming to enhance their manufacturing/production capacity?

    Why Companies Trust TMR’s Analytical Insights?

    • Swift and prompt customer support
    • Methodical and systematic market research process
    • Our reports have empowered the business prospects of over 500 clients
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    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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