U.S. Residential Solar PV Market Focusing On The Basis Of Construction, State And Forecast 2030: Grand View Research Inc.

San Francisco, 2 June 2023: The Report U.S. Residential Solar PV Market Size, Share & Trends Analysis Report By Construction (Retrofit, New Construction), By State (California, Texas, New York, Arizona, New Jersey, Massachusetts), And Segment Forecasts, 2023 – 2030

The U.S. residential solar PV market size is expected to reach USD 44.77 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.3% from 2023 to 2030. Increasing demand for clean and renewable energy production coupled with stringent regulations regarding carbon emissions is expected to boost growth during the forecast period.

Governments across the world have started to adopt solar energy for power production due to it being clean and renewable. Many countries have set targets to reduce their carbon emissions and reduce reliance on conventional energy sources by promoting the use of solar energy for power production. The economies of scale achieved due to this increased demand have in turn decreased the cost of the components making solar energy system installation viable on a smaller scale.

The increasing energy need for emerging states in the U.S. such as California, Texas, and Arizona is expected to positively impact the residential solar PV industry. The decline in the price of solar energy system components has increased the viability of solar energy system installations in the residential sector. The new construction segment in the U.S. Residential Solar PV market is expected to grow significantly in the forecast period owing to the increasing adoption of government regulations to mandate the installation of solar PV into new construction homes.

States such as California and Texas are expected to boost the industry’s growth over the forecast period owing to the high amount of investments for solar PV in the States and the increasing energy requirement boosting the demand for solar PV in the States. The price of the components in the solar PV systems market has been declining consistently for the last 10 years and this trend is expected to continue for the forecast period, in turn increasing the demand in the residential sector increasing the demand.

Access Research Report of U.S. Residential Solar PV Market https://www.grandviewresearch.com/industry-analysis/us-residential-solar-pv-market-report

U.S Residential Solar PV Market Report Highlights

  • Various state governments have set targets to reduce carbon emissions and have implemented policies to promote the adoption of solar PV systems in the residential sector which is expected to boost the solar PV demand over the forecast period
  • The retrofit segment accounted for about 74.12% of the market share in 2022. Solar PV is the most complex component in solar energy systems and received the highest investments for R&D
  • California is projected to grow at a substantial CAGR throughout the forecast period. The rest of the U.S. is expected to account for the maximum share
  • Solar power accounted for a 3.4% share of the total electricity generation mix in the U.S. in 2022

List of Key Players of U.S. Residential Solar PV Market

  • Tesla
  • SunPower Corp.
  • Sunrun
  • Trinity Solar Inc.
  • Sungevity
  • Momentum Solar
  • SPI Energy Co. Ltd.
  • Ace Solar
  • Sunlux
  • Titan Solar Power

Access Press Release of U.S. Residential Solar PV Market @ https://www.grandviewresearch.com/press-release/us-residential-solar-pv-market-analysis

Carbon Capture And Storage Market In-Depth Research On Basis By Capture Technology, Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 2 June 2023: The Report Carbon Capture And Storage Market Size, Share & Trends Analysis Report By Application (Power Generation, Oil & Gas), By Capture Technology (Oxy-Combustion, Pre-combustion), By Region, And Segment Forecasts, 2023 – 2030

The global carbon capture and storage market size is expected to reach USD 5.61 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2023 to 2030. Increasing carbon emissions across the globe and concerns regarding the detrimental effect of carbon emissions on the environment have prompted the adoption of carbon capture and storage technology.

The European Union has emerged as a global leader by developing CCS as a part of its energy and climate policy in order to meet the 80-95% emission reduction target by 2050. Various policies and funding programs favoring the development of more efficient and cost-effective CCS technologies are primarily fueling market growth in the region. Increasing R&D and testing of several pilot projects are expected to lower the CCS technology cost and enhance its commercial viability. Low-carbon investment programs such as NER300 and NER400, which contain provisions regarding the financing of large-scale commercial CCS pilot projects, have accelerated market growth.

NER300 is a funding mechanism that has the provision to provide 300 million carbon allowances for subsidizing the construction of CCS demonstration plants. On similar lines, NER400 innovation fund targets the 2021-2030 period to decarbonize industrial production by raising USD 9.97 billion assuming a carbon price of 25.5 USD/ton. Moreover, the development of EU ETS and EPS has majorly propelled CCS technology penetration in the market. The provision of a cap and trade system, which puts a price on carbon emissions, is stimulating the CCS installations across several industries such as power generation, chemical processing, oil & gas, and iron & steel.

Access Research Report of Carbon Capture And Storage Market https://www.grandviewresearch.com/industry-analysis/carbon-capture-storage-ccs-market

Carbon Capture And Storage Market Report Highlights

  • By capture technology, in 2022, the pre-combustion segment emerged as the largest segment with a revenue share of more than 66.91%. Newly developed advanced amine systems, heat generation systems, and increased energy demand are expected to be the main factors driving post-combustion technology over the forecast period
  • In 2022, the power generation application segment emerged as the largest segment with a volume share of more than 66.9%. Global energy-related carbon dioxide emissions reached 36.3 Gt CO2 in 2021, according to The International Energy Agency (IEA). The power sector accounted for approximately two-thirds of the emissions growth from the previous year. Due to high emission rates, carbon capture and storage potential is extremely high in coal-fired power plants
  • North America dominated the market with a revenue share of more than 36.69% in 2022. North America is one of the largest markets for CCS around the world owing to the presence of major countries including the U.S., which accounted for more than 75.0% share in terms of revenue in 2021. The U.S. is the front runner in technology implementation for CCS globally as the first CCS project in the world was started in 1978 by Searles Valley Minerals in a coal-based power plant located in the state of California in the U.S.
  • The industrial process segment is expected to register a volume-based CAGR of 7.6% over the forecast period. A significant proportion of Green House Gasses (GHG) is contributed by the industrial sector. Industrial separation targets the capture of CO2 from various industrial sectors such as cement, steel, and oil & gas. Physical properties, gas volume, and composition of flue gases are different for each industry. Hence, a standard industrial separation technology is absent in the market. These custom-made carbon capture solutions result in high implementation costs for this technology

List of Key Players of Carbon Capture And Storage Market

  • Aker Solutions
  • Dakota Gasification Company
  • Equinor ASA
  • Fluor Corp.
  • Linde plc
  • Maersk Oil
  • Mitsubishi Heavy Industries Ltd.
  • Royal Dutch Shell PLC
  • Siemens AG
  • Sulzer Ltd.

Access Press Release of Carbon Capture And Storage Market @ https://www.grandviewresearch.com/press-release/global-carbon-capture-storage-ccs-market

Dental Services Market Outlook On The Basis Of Type, End-Use, Region And Forecast From 2023 to 2030: Grand View Research Inc.

San Francisco, 1 June 2023: The Report Dental Services Market Size, Share & Trends Analysis Report By Type (Dental Implants, Orthodontics, Periodontics, Endodontics), By End-use (Hospitals, Dental Clinics), By Region, And Segment Forecasts, 2023 – 2030

The global dental services market size is expected to reach USD 610.4 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2023 to 2030. The marketing efforts to commercialize dental practices including education camps and online campaigns are contributing to the adoption of dental services. Rapid urbanization around the world, constant economic growth, and the rising disposable income of people have contributed to the relatively steady growth of the market. In addition, per capita, consumption expendituree on healthcare services is likely to significantly increase in the coming years.

The market for dental services was severely impacted due to the COVID-19 pandemic as the clinics were closed due to the imposed social distancing. In March 2020, the American Dental Association (ADA) issued guidelines to postpone elective dental procedures. Only emergency procedures were allowed to carry out during the early phase of the pandemic.

In April 2021, Mills Administration, in partnership with Northeast Delta Dental launched the Maine Veterans’ Dental Network. It was launched officially in May 2021 and provides services to Maines’s veterans who were not able to afford it. In July 2021, Geyer Dental Group updated their Dental Crown Repair/Cap Fitting Restorative Dentistry service for the people in Greater St. Louis. The practice offers periodontal, cosmetic, and restorative dentistry.

Access Research Report of Dental Services Market https://www.grandviewresearch.com/industry-analysis/dental-services-market-report

Dental Services Market Report Highlights

  • Based on type, the dental implants segment held the dominant revenue share in 2022. as these implants provide patients with functional options for teeth replacement procedures. With the R&D in this field, dental implants are available with better biomaterials, improved designs, and surface modifications
  • The cosmetic dentistry type segment is likely to witness the fastest CAGR from 2023 to 2030 owing to the rising adoption of teeth appearance improvement procedures, such as teeth whitening, crowns, inlays and onlays, and veneers
  • Based on end-use, the dental clinic segment held the largest share in terms of revenue in 2022 and is expected to witness the fastest growth over the forecast period. The majority of patients visit private practice dental clinics due to the availability of specialists, cost efficiency, and advanced technology
  • In 2022, North America dominated the market in terms of revenue owing to factors including the presence of independent dental clinics, growing R&D activities in dentistry, and rising disposable income. The increasing government funding for dental programs is likely to contribute to the growth
  • The Asia Pacific region is anticipated to witness the fastest CAGR from 2023 to 2030 due to the growing number of dental clinics and rising awareness about oral care. The healthcare infrastructure in the Asia Pacific is expanding with advanced technology and equipment

List of Key Players in the Dental Services Market

  • Aspen Dental Management Inc.
  • InterDent, Inc.
  • National Health Service England
  • The British United Provident Association Limited
  • Apollo White Dental
  • Abano Healthcare Group Limited
  • Coast Dental
  • Dental Service Group
  • Axis Dental
  • Integrated Dental Holdings
  • Pacific Dental Service
  • Gentle Dental of New England

Access Press Release of Dental Services Market @ https://www.grandviewresearch.com/press-release/global-dental-services-market

L-carnitine Market Segmented On The Basis Of Process, Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 1 June 2023: The Report L-carnitine Market Size, Share & Trends Analysis Report By Process (Bioprocess, Chemical Synthesis), By Product (Food & Medicines Grade, Feed Grade), By Application, By Region, And Segment Forecasts, 2023 – 2030

The global L-carnitine market size is expected to reach USD 298.7 billion by 2030, expanding at a CAGR of 4.9% from 2023 to 2030, as per a new report by Grand View Research Inc. Growing consumer awareness regarding product benefits, along with increasing demand from end-use industries such as pharmaceutical, nutraceutical, and animal feed, is expected to drive the market during the forecast period.

L-carnitine and its derivatives are used for numerous applications including male infertility, kidney treatment, cardiovascular diseases, weight reduction, and bone mass. It is also used in various products including animal feed, health supplements, functional drinks, medicines, and other nutraceutical products.

Manufacturers are focused on R&D activities to reduce the complexity in manufacturing techniques as well as product differentiation. Major manufacturers like Lonza, Ajinomoto, Sigma Tau Group, and Seikatsu have patented their manufacturing processes. Production of L-carnitine by chemical synthesis is executed on an industrial scale. However, manufacturers prefer bioprocess for the production, as the process generates higher yield and lesser waste as compared to chemical synthesis.

Companies engaged in the production and export of L-carnitine follow stringent standards such as current goods manufacturing procedure (CGMP), sanitary standard operation procedure (SSOP), and ISO standards. Companies offering food-grade products are required to obtain kosher and halal certifications.

In 2022, North America emerged as the largest regional market. The growth in this region can be attributed to increasing research and development activities in pharmaceutical and nutraceutical industries. Furthermore, increasing demand for the pet supplements and animal feed formulations is expected to drive industry growth during the forecast period.

Access Research Report of L-carnitine Market https://www.grandviewresearch.com/industry-analysis/l-carnitine-market

L-carnitine Market Report Highlights

  • Increasing preventive healthcare in major economies across the globe, including the U.S., China, and India, has led to rising consumption of functional drinks, which in turn, is expected to propel the product demand
  • The market exhibits production of L-carnitine through biotechnological techniques using micro-organisms or enzymes. These processes use achiral precursors or racemic mixtures as raw materials for extraction of L-carnitine and offer the highest yield as compared to other means
  • Increasing demand for animal feed from emerging economies such as China, India, and Vietnam are expected to drive the feed grade product segment during the forecast period
  • Manufacturers in the market enter into contracts with the suppliers and buyers, thereby gaining a competitive edge in the market. They have also been investing heavily in R&D and capacity expansions to increase their market share

List of the key players in global L-carnitine Market

  • Lonza
  • Northeast Medicines Group Co., Ltd. (NEPG)
  • Biosint S.p.A.
  • Cayman Chemical
  • Merck KGaA
  • Tokyo Chemical Industry Co., Ltd.
  • Ceva
  • Kaiyuan Hengtai Nutrition Co., Ltd.
  • ChengDa Mediciness Co., Ltd.
  • Huanggang Huayang Medicines Co. Ltd.
  • HuBeiYuancheng Saichuang Technology Co, .Ltd.

Access Press Release of L-carnitine Market @ https://www.grandviewresearch.com/press-release/global-l-carnitine-market

Animal Feed Organic Trace Minerals Market In-Depth Research On Basis By Product, Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 1 June 2023: The Report Animal Feed Organic Trace Minerals Market Size, Share & Trends Analysis Report By Product (Zinc, Iron, Copper, Selenium), By Application (Poultry, Pigs, Horses), By Region, And Segment Forecasts, 2023 – 2030

The global animal feed organic trace minerals market size is expected to reach USD 1278.5 thousand by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.6% from 2023 to 2030. The growth is majorly attributed to the growing demand for animal feed. The market is characterized by the presence of a large manufacturing base. Growing demand for animal feed organic trace minerals from poultry and ruminants is expected to play a key role in the growth.

Raw materials used to manufacture the product using the natural route are zinc, copper, iron, selenium, and manganese. Copper is one of the major minerals in livestock food. In the cattle food industry, zinc is used to increase the immunity of livestock. Along with zinc, copper is also considered to be an essential trace mineral in animal feed. Copper helps in increasing the metabolism in animal bodies. It also helps in the formation of bones and tissues in livestock. Animal feed is widely used in the dairy cattle, poultry, pigs, horses, and fish industries. One of the basic functions of organic trace minerals involves improving the quality of feed. Although they are used in minute quantities, their significance on the overall health and productivity of livestock cannot be undermined.

Livestock food products are extensively used to improve the immune systems and the vital metabolic functions in animals. Minerals that are used in traces perform specific functions in different animals. Zinc helps in the formation of eggshells in poultry, whereas manganese aids in the synthesis of fatty acids and cholesterol and the production of melanin. The end-use industries of livestock food including dairy cattle and poultry were impacted by COVID-19. Processing plants started facing operational and labor problems in late March, and in many cases, things became worse in late April or early May. As the market returned to normal by the end of 2021, the product witnessed an increase in demand over the forecast period.

Access Research Report of Animal Feed Organic Trace Minerals Market https://www.grandviewresearch.com/industry-analysis/animal-feed-organic-trace-minerals-industry

Animal Feed Organic Trace Market Report Highlights

  • Asia Pacific captured the largest revenue share of over 36.9% in 2022. This is owing to the increased consumption of meat, chicken, dairy products, and other livestock
  • The zinc product segment held the largest revenue share of over 33.4% in 2022. This is owing to the high demand for cost-effective livestock food, which is manufactured from Zinc
  • Poultry was the largest application segment in 2022 with a revenue share of over 44.9%. This is attributed to the high demand from the livestock food market
  • Several large players operate globally. With a developed value chain, it is a well-established industry. To gain a competitive edge and enter untapped markets, players are expanding their geographic reach

List of Key Players in the Animal Feed Organic Trace Minerals Market

  • Alltech Inc.
  • Archer Daniels Midland Co.
  • Biochem
  • Tanke International Group
  • Cargill Inc.
  • Kemin Industries Inc
  • Mercer Milling Co. Inc.
  • Novus International Inc.
  • Nutrco NV
  • Pancosma SA
  • Royal DSM NV
  • Zinpro Corp.

Access Press Release of Animal Feed Organic Trace Minerals Market @ https://www.grandviewresearch.com/press-release/global-animal-feed-organic-trace-minerals-market

Design a site like this with WordPress.com
Get started