How Does Fruit and Vegetable Processing Equipment Improve Hygiene and Quality of Food Products?

 In 2021, the fruit and vegetable processing equipment market contribute $5.6 billion, and it is projected to generate $10.2 billion, advancing at a rate of 6.9%. It is attributed to the growing population, and rising dietary habits led by the increasing purchase power for higher-value products. Therefore, it contributes to the rising demand for food processing, packaging, storage, and preparation equipment.

The pre-processing equipment captures a significant share of the fruit and vegetable processing equipment industry, accounting for 20%. The fruits and vegetables are more prone to contain dust, soil, bacteria, and foreign materials, thus it makes them unsafe for direct consumption. The pre-processing intervention is required for maintaining hygiene to ensure their healthy consumption.

Fruit and Vegetable Processing Equipment Market Revenue Outlook Forecast to 2030

The pre-processing equipment performs the entire cleaning in significantly less time without impacting the hygiene and quality of products. Moreover, pre-processing equipment cleans off pesticides and other substances on crops, used by farmers. In addition, new equipment is being launched in the market with automation to significantly reduce output cost and time.

Moreover, the packaging and handling equipment is predicted to experience extensive growth in the coming future in the industry. It is led by the growing demand for packaging and handling equipment to improve the duration of a product’s shelf life. In addition, companies are increasingly focusing on good packaging to increase the sales of the products. Packaging saves the products from contamination; it becomes easy to identify the product of a specific brand.

The rising popularity of vegan food leads to the increasing growth of the plant-based food industry. It encourages food processing companies to expand their production capacity to serve the growing demand for plant-based products. Therefore, they are focusing on expanding their facilities which will need more equipment for processing fruits and vegetables, resulting in mitigating the demand and supply gap.

In addition, plant-based meal manufacturers are increasingly focusing on vegetables, fruits, pulses, legumes, and fruit-based goods led by their high nutritional value and functionality with the ability to improve texture and meal flavor.

Numerous industries have adopted automation over the last few years. The fruit and vegetable processing companies are no exception. They have started to employ automatic equipment in their processing plants to improve productivity and operational efficiency. The fully automated processing equipment leads to effective processing, quick and reliable production process, efficient time management, and a decline in cost with well-controlled operation in fruits and vegetable processing equipment.

According to World Bank, two-thirds of the global population would reside in urban areas by the next decade. Thus, it will lead to rapid urbanization, hectic lifestyles, and the growing effort of the younger generation to manage their busy schedules. Hence, they prefer ready-to-eat products and frozen foods. It will result in increased sales of convenience food products.

APAC-based fruit and vegetable processing equipment industry is experiencing significant growth, led by the rising population, increasing FDI, and changes in food preferences. The rising consumption of ready-to-eat food is luring companies to invest in food equipment.

Therefore, the rising population, rapid urbanization, and growing preferences for ready-to-eat food create opportunities for companies operating in the industry to expand their business.

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How Does Rising Infrastructure Development Boost Thailand DG Set Market?

In 2021, the Thailand DG set market was valued at $158.3 million; it is expected to reach $236.9 million by 2030, advancing with a rate of 4.6% from 2021 to 2030. It is attributed to the growing demand for backup and standalone power sources in offices, hospitals, hotels and residential buildings. Thailand is a popular tourist attraction around the globe. The Thailand tourism industry contributes significantly to the GDP of the country. The hospitality sector is expected to grow, attributed to the numerous business opportunities generated by the rise in tourism activities in-country.

The infrastructure development projects such as the construction or renovation of hotels and resorts are driving the demand for diesel generators leading to Thailand DG set market expansion. Moreover, the surge in demand for power generation systems on islands that do not have grid connectivity or managing with unreliable connections drives the market. For example, there is no central source of electricity in Phaluai island. Therefore, the natives are dependent on small-diesel-fueled generators.

The DG sets with a capacity above 750 kVA captured the largest share of the Thailand DG set market over the last few years, and their sales value is expected to grow at a rate of 4% from 2021 to 2030. It is attributed to high power requirements in the industrial sector for operations. The manufacturing companies in Thailand are massively producing high-tech goods such as automobiles and electronics. There are numerous start-ups in the country focusing on expanding their production facilities, driving the demand for gensets.

The significant Thailand DG market share is captured by the commercial sector under the application segment, amounting to 40%. The surge in leisure facilities such as shopping complexes, hotels and restaurants leads to the expansion of the commercial sector. The rise in Thailand’s tourism is also a key reason for the flourished commercial sector. The governments and real estate companies are making investments in the residential sector. It will further complement the growth of the commercial sector as well, driving the need for urban and semi-urban accommodations, resulting in a surge of residential DG sets demand.

The public and public-private partnerships led investments in the infrastructure development projects in the country to drive the Thailand DG set market. The government has invested around $116 billion in the last 10 years for infrastructure development projects. According to World Bank, the PPP investments in infrastructure in the previous 20 years amounted to $28 billion as per the database of private participation in infrastructure. The housing sector captured a significant share of the investment.

The Thailand DG set market is expected to boom due to the rising competition among providers in the country. The new companies in the market are partnering with other companies, resulting in tough competition. The DG sets manufacturing companies focusing on implementing technological advancements in the products to advance their position in the market. For instance, Caterpillar Inc. launched 31 new CAT GC DG sets’ models for the global electric contractor market. 

Thus, the rise in infrastructure development activities and expansion of the hospitality sector due to surge in the tourism activities leads to increased demand for DG sets. 

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How Do Government Initiatives Drive E-Rickshaw Batteries Sales in India?

Do you have ever experienced traveling on e-rickshaws? It is a convenient travel mode in metro cities to cover short distances. The nine to five workforces heavily rely on e-rickshaws to reach the metro stations at their nearby location. It is quite common to see people with office bags in the morning looking for e-rickshaws to reach metro stations, and from metro stations to reach offices. It goes the same during evenings they take e-rickshaws from nearby office locations to reach metro stations, and after their metro travel, they further take e-rickshaws to reach home.

Inexpensive Cost of E-Rickshaws

Instead of picking motor vehicles to cover such short distances, e-rickshaws are massively encouraged as a convenient travel facility. There are numerous benefits of this transport. It is extremely cheap as compared to auto-rickshaws, which can sufficiently accommodate two passengers. An e-rickshaw cost amount from Rs. 60 thousand to Rs. 1.1 lakhs, while an auto-rickshaw costs between Rs. 1.5 lakhs to Rs. 3 lakhs.

Employment Generation By E-Rickshaws

The e-rickshaws usually experience fewer maintenance issues, and hence save cost. Along, with this, the rising popularity of this travel service provides employment to a large number of people. The cycle-rickshaw drivers are massively shifting toward e-rickshaws due to higher convenience and rising preference for this travel service over cycle-rickshaws. The running cost of e-rickshaws for a distance of 2.1 to 2.3 km is only Rs. 0.4.

Environment Benefits of E-Rickshaws

The e-rickshaw pose numerous environmental benefits. It includes alleviating air and noise pollution caused by transport. Around 1,036.6 tonnes of carbon dioxide emissions can be eliminated by replacing CNG auto-rickshaws with e-rickshaws.

Government Initiatives Driving E-Rickshaw Sales

Moreover, the government initiatives encourage e-rickshaw traction. It includes National Electric Mobility Mission, 2013, FAME I and II, Pradhan Mantri Mudra Yojana, 2015, and National Urban Livelihood Mission 2013. Along with these initiatives, the electric vehicle policy of the state in the forms of loans, direct subsidies, and regulatory framework also supports the rising adoption of the e-rickshaws.

Increasing Sales of Electric Rickshaws Batteries 

In 2021, the sales of e-rickshaw batteries contributed $141.3 million in revenue and are expected to rise to $295.4 million by 2030, advancing T ~8.5% rate from 2021 to 2030. Most of the e-rickshaws sales go unregistered due to their rising popularity and unorganized manufacturing companies. Presently, the registered sales of e-rickshaws account for 15,00,000, with an additional sale of 11,000 new e-rickshaws every month.

The unorganized players sell around 10,000 e-rickshaws per month, while organized players monthly contribute to sales of 1,500 to 2,000 e-rickshaws. E-rickshaws run on electric charge provided by batteries, and hence increasing adoption of e-rickshaws lead to rising sales of electric rickshaw batteries.

Get More Details India Electric Rickshaw Battery Market Sales Analysis

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Power Liftgate Market Demand and Strategic Growth Analysis

There are now so many vehicles with power liftgates and trunks that you can find them on hatchbacks, SUVs, minivans, and sedans. Even modern truck tailgates use a variation of the technology. A motorized hatch that electrically opens and closes is referred to as a power liftgate. The power liftgate market is expected to grow at a significant pace in the coming years.

These liftgates reduce the amount of manual labor required to lift large things into cars, speeding up the operation. For smart access, hands-free power liftgates incorporate capacitive motion sensors built into the vehicle's bumper and a precise switch locking mechanism. Because of this, it is expected that demand for hands-free power liftgates would increase considerably in the coming years.

The increasing demand for driving convenience and the rising concern for passenger and vehicle safety are the main factors behind the growth of the power liftgate market.

To increase traffic safety and establish intelligent transportation systems like ADAS and self-driving, manufacturers are creating cutting-edge technologies. Since autonomous vehicles employ power liftgate equipment, the industry is expected to expand as more people start using them.

The increased use of electric vehicles is also expected to spike the demand for power liftgates. Manufacturers of electric cars place a strong emphasis on supplying cutting-edge technologies like power liftgate systems. Government initiatives and programs that are favorable also encourage the use of electric vehicles.

Geographically, APAC is predicted to receive the fastest growth in the coming years because of its high quality of living, growing middle class, and rising car sales. The power liftgate market is being driven by the desire to improve consumer comfort and convenience, as well as the rising popularity of electric cars.

Moreover, the advent of hands-free power liftgate technologies, the rise in demand for autonomous vehicles, and the use of sensors and other electronic components in cars are also driving the demand for power liftgates.

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Increase in Adoption of Cloud Technology in SMEs Boosts High-Performance Computing Market

The high-performance computing market generated revenue of $39,153.9 million in 2021, and it is predicted to grow to $74,101.0 million in 2030, progressing at a 7.3% rate from 2021 to 2030, attributed to the high productivity of the computing technology in research, academic, government, life sciences and defense sector, caused by the advent of cloud HPC solutions, and growing requirement for the high-speed data processing with rising strategic initiatives and governments support.

High Performance Computing Market Size and Share Analysis Growth Forecast to 2030

 Moreover, the cloud category is predicted to experience substantial growth in the high-performance computing market, progressing at an 8% rate from 2021 to 2030, led by the private, public, and hybrid cloud technologies offering flexible and remote access. In addition, deployment of cloud technologies is highly preferred in the organizations that host software on a vendor’s server that can be accessed through a web browser. It mitigates the need for upgrading systems regularly. 

Read Full Report: High Performance Computing Market Revenue Estimation and Growth Forecast Report

In addition, cloud technology lures companies to invest, as they are inexpensive and easy to implement. According to a pay-per-use subscription model, cloud-based software offers a wide range of plans, from the need to budget-based selection. The rising popularity of cloud software is ascribed to the daily operations efficiency, low-cost operations, ease of use, and affordability, resulting in the market proliferation. 

The on-premises category captures a larger high-performance computing market share, accounting for 55%, attributed to the increased focus of the government on the safeguarding of the sensitive information related to the nation’s interests, citizens’ data, and companies’ concerns to maintain the organization’s data, resulting in rising preference of the on-premise infrastructure over cloud infrastructure. 

The server category generates the significant market revenue share, accounting for 35%, owing to the rise in penetration of the data centers, due to increasing investments of several medium-sized companies in the data centers development, resulting in the growing requirement of the public cloud services. 

Moreover, the small and medium-sized enterprises contribute 55% revenue share to the high-performance computing market, due to an increase in the number of small & medium companies that are increasingly using supercomputers. In addition, cloud technology is increasingly adopted by smaller companies due to lower implementation, maintenance costs, and upgrades. Moreover, it provides easy access to remote data, and ease in old legacy systems’ integration with increased efficiency, resulting in reduced operational cost and time for SMEs. 

Furthermore, SMEs pose critical challenges such as skills, scalability, and capital, and cloud-based solutions offer support to address them with the escalation of IT structure as per the need. SMEs face a strong threat to the larger companies in the market competition; therefore, they get benefitted from the adoption of the HPC solutions, resulting in increased productivity.

North America holds the largest high-performance computing market share, accounting for 40%, and it is the most significant IT solutions market, due to the penetration of key industry players, technological advancements, and their surging implementation. In addition, the need of processing raw data in large amounts results in an increased focus on security measures. Therefore, it causes market propulsion with the increased adoption of the cutting-edge technologies that improve HPC solutions applications. 

Therefore, the increased efficiency and low operational cost facilitated by cloud technologies boost the market.

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Why Will North America Dominate the Advanced Distribution Management System Market?

The major drivers for the global advanced distribution management system market are the skyrocketing demand to enhance the power infrastructure in advanced economies, swift deployment of the smart grid technology, and surging requirement for an integrated, efficient, reliable, secure, and one platform for energy transmission management. In 2021, the market was valued at $1,998.0 million, which is predicted to touch $10,097.9 million by 2030, witnessing an approximately 20% CAGR between 2021 and 2030. Since the lifting of the COVID-10 lockdowns, the pending electrical infrastructure projects have gathered steam.

The swift adoption of advanced technologies will assist the advanced distribution management system market players to adapt to the current market dynamics, thereby generating high revenue in the coming years. Energy sector reequipment is boosting the infrastructure with technological innovations. There is a significant increase in energy consumption because of the growing integration of the latest electricity-powered objects, including high-tech consumer and industrial equipment and electric vehicles. Nevertheless, the appropriate degree of energy distribution is not met by the existing engineering management tools, which creates a strong need for infrastructure advancement.

In 2021, the biggest advanced distribution management system market share, of about 35%, was held by distributed energy resource management systems. It is complemented by the extensive government supporting the form of several stringent policies on energy management in the residential sector. For example, the BTO functions with researchers, educators, product makers, utilities, state and local governments, energy experts, and home builders to enhance the energy efficiency of existing and new houses. Moreover, there is an amalgamation of energy efficiency solutions into the construction sector for retrofits and new buildings in the U.S. and many other countries.

The robust adoption of the smart grid technology will spur advanced distribution management system market growth. By allowing renewables to be employed on a larger scale, smart grids could help the electric transportation sector enter the era of digitalization and sustainability. An intelligent power grid could ultimately lower energy usage and the utility sector’s carbon emissions by at least 10% annually by 2030. The surging investment in smart grid technologies, including EV chargers, smart meters, and other interdependent advancements, will propel growth in the market.

A CAGR of at least 20%, the highest in the end user segment, will be witnessed by the energy and utilities sector till 2030. Market players are evolving to cater to the surging demands of the energy and utilities sector for a smarter and more-robust transmission & distribution system. As utility companies throughout the world are gradually adapting to the market trends, the adoption of smart grids will significantly impact how distribution networks operate. Government agencies and Customers expect increasingly more, such as increased dependability and improved customer service.

Geographically, North America dominated the advanced distribution management system market in 2021, accounting for about 32% of the global market revenue. Many utilities in the U.S. are pursuing projects to replace their present distribution systems with new and sophisticated ones. In the same vein, there is a surge in the use of sophisticated technologies in Canada, which will result in rapid infrastructure expansion and, eventually, an increase in ADMS acceptance. Furthermore, the existence of several corporations that provide ADMS solutions is pushing the market advance.

Hence, the rising requirement for an integrated, efficient, reliable, secure, and platform for energy transmission management will drive the market.

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The Future of Endodontic Devices

Endodontic operations are frequent yet specialized procedures carried out in several conventional dental clinics that only focus on endodontics. These treatments address patients whose teeth have root-related issues and demand a variety of equipment made especially for each stage of a root canal surgery.

In 2021, the endodontic devices market accounted for $1,492.0 million worth, which will reach $2,283.4 million value by 2030. The rise in dental infections is mostly to blame for the industry's expansion. The need for endodontic devices is expected to increase in the upcoming years due to the increase in dental tourism activities.

These tools are made to make root canal procedures more efficient and comfortable for both the patient and the dentist. While endodontic files and broaches are primarily used for sculpting the canals, a variety of other endodontic devices are used during root canal procedures.

Due to advancements in delivery systems, that have given dentists several benefits such as simple handling and moving of handpieces during operations, the instruments category, which currently leads the endodontic devices market, is predicted to generate $1,206.7 million revenue in 2030.

Technically advanced tools have a variety of tip types based on form, composition, and length, such as ultrasonic equipment. Additionally, the frequency and intensity of the vibrations produced by the tip in use may be managed with the use of ultrasonic equipment. For example, Kerr Corporation provides a variety of specialty tips, including microsurgical ultrasonic tips with a diamond coating that is intended for endodontic microsurgery.

Although stainless steel hand files have been used almost solely for a long time to prepare canals, these tools might result in steps, deviations, and canal perforations because of their high stiffness and poor flexibility. Rotary Nickel-Titanium (NiTi) tools were brought to the industry to reduce problems and address anatomical difficulties associated with root canal procedures.

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