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Global Flexible AC Transmission System Market Set to Soar Through 2031, Reed Intelligence Reports A new comprehensive market analysis by Reed Intelligence reveals that the Global Flexible AC Transmission System (FACTS) Market is poised for robust growth, with a projected Compound Annual Growth Rate (CAGR) of 10.2% over the 2023–2031 forecast period. Key Market Figures Base Year: 2023 Forecast Period: 2023–2031 Expected CAGR (2023–2031): ~10.2%  For more info- https://reedintelligence.com/market-analysis/global-flexible-ac-transmission-system-market Key Highlights Largest Region: North America leads the market with a mature and technologically advanced grid infrastructure. Fastest-Growing Region: Asia Pacific (APAC) is projected to witness the fastest growth, driven by rapid grid modernization and rising energy demand. Largest Segment (by Type): Among the type segments, Shunt Compensation stands out. Largest Application Segment: The Utilities sector remains the dominant application vertical. Market Dynamics Drivers: The global Flexible AC Transmission System (FACTS) Market is being fuelled by accelerating grid modernization, with utilities worldwide striving to upgrade aging infrastructure to accommodate more flexible, efficient, and stable power transmission. The increasing integration of renewable energy sources like wind and solar amplifies the need for FACTS solutions, which help stabilize voltage, control power flow, and improve overall grid reliability. Smart grid implementation further supports this trend, as FACTS devices play a crucial role in enhancing grid responsiveness and reducing transmission losses. Restraints & Challenges: Despite the strong growth outlook, the market faces headwinds such as economic uncertainties and potential regulatory hurdles in different regions. Supply chain disruptions in key components (like power electronics) could also limit the pace of deployment. Additionally, the high initial cost of FACTS technologies may deter smaller utilities or emerging-market operators from large-scale investment in the near term. Opportunities: On the opportunity front, leveraging cost-effective installation methods and innovations that reduce the capex of FACTS systems could unlock rapid adoption, especially in undeserved regions. As system reliability and voltage regulation become more critical for renewable-heavy grids, there is strong potential for FACTS to be integrated into next-generation smart and micro-grid deployments. Companies that can offer modular, scalable FACTS solutions stand to gain a competitive edge. Leading Market Players The competitive landscape is dominated by several major players: ABB Siemens RXPE (Rongxin Power Electronic) Sieyuan Electric Mitsubishi Electric General Electric (GE) Toshiba AMSC (American Superconductor Corporation) Hyosung Market Segmentation (by Region & Sector) By Type: Shunt Compensation Series Compensation Others By Application: Metal Industry Railway Mining Utilities Others By Region: North America Europe Asia-Pacific (APAC) LAMEA (Latin America, Middle East & Africa) About Reed Intelligence Reed Intelligence is a leading market research and intelligence firm providing in-depth industry analysis across technology, energy, and infrastructure sectors.

Global Luxury Vinyl Tile (LVT) Market Poised for Robust Growth Through 2031, Reports Reed Intelligence Reed Intelligence today announced its in-depth market-analysis report on the Global Luxury Vinyl Tile (LVT) Market, projecting steady growth driven by rising demand for waterproof, aesthetically pleasing flooring. According to the report, the market is forecast to grow over the period 2023–2031 at a compound annual growth rate (CAGR) of approximately 8.45 percent. Key Highlights Base Year / Forecast Period: The analysis uses 2023 as the base year and projects through 2031. Growth Rate: A CAGR of 8.45% over the forecast period. Regional Snapshot: Largest Region: North America, underpinned by strong consumer demand and regulatory support for sustainable flooring. Fastest-Growing Region: Asia Pacific (APAC), fueled by emerging economies, urbanization, and a burgeoning middle class. Segment Highlights: By Type: Rigid LVT and Flexible LVT are both analyzed; these remain key segments. By Application: Residential and Commercial applications are covered, with notable demand in both. Market Dynamics Drivers The global Luxury Vinyl Tile (LVT) market is being propelled by growing demand for waterproof flooring, especially in moisture-prone areas, and by widespread renovation projects in both residential and commercial sectors. Coupled with this is the strong aesthetic appeal of LVT, which offers the look of natural materials like wood and stone with lower maintenance and greater durability. Restraints However, the market must contend with economic uncertainties, supply chain disruptions, and regulatory hurdles, which could slow some of the uptake. Competitive pressures also remain intense as manufacturers race to offer differentiated, value-added products. Yet, these challenges also create opportunities: companies can leverage product innovation, sustainable LVT options, and expansion into commercial applications to capture underserved geographies and emerging customer segments. For more Info- https://reedintelligence.com/market-analysis/global-luxury-vinyl-tile-market Leading Market Players The report identifies several key players shaping the global LVT landscape: Tarkett Armstrong Flooring Mannington Mills NOX Corporation LG Hausys Congoleum Mohawk Industries Gerflor Forbo Flooring Beaulieu International Group RiL Metroflor Milliken Polyflor Karndean Market Segmentation By Type Flexible LVT Rigid LVT By Application Commercial Use Residential Use By Region North America (USA, Canada) Europe (UK, Germany, France, Spain, Italy, Russia, Nordic, Benelux, Rest of Europe) Asia Pacific (China, Korea, Japan, India, Australia, Singapore, Taiwan, Southeast Asia, Rest of APAC) LAMEA (Latin America, Middle East & Africa) – including countries such as Brazil, Mexico, UAE, South Africa, Egypt, Nigeria, and more. About Reed Intelligence Reed Intelligence is a leading market research firm specializing in materials and chemical markets. Its comprehensive reports deliver data-driven insights on market trends, dynamics, and competitive landscapes to help businesses make informed strategic decisions.

Global Redundant Array of Independent Disks (RAID) Market to Surge at ~ 7.83% CAGR through 2031, Driven by Cloud & Data-Growth Demands According to a comprehensive market analysis by Reed Intelligence, the global Redundant Array of Independent Disks (RAID) market is projected to grow strongly between 2023 and 2031, posting a compound annual growth rate (CAGR) of approximately 7.83%. For More Details- https://reedintelligence.com/market-analysis/global-redundant-array-of-independent-disks-market Key Market Highlights Base Year & Forecast: The report uses 2023 as the base year, with a forecast extending to 2031. Largest Region: North America leads the market, propelled by a highly advanced technological ecosystem and strong enterprise IT demand. Fastest-Growing Region: The Asia Pacific region is showing the fastest growth, fuelled by rapid digitization, cloud adoption, and expanding data center capacity. By Type Segmentation: Largest Segment: Hardware RAID Cards, which dominate the market share. Fastest-Growing Segment: Software RAID Cards, driven by increasing demand for cost-effective and flexible storage solutions. By Application Segmentation: Largest Application: Internet Industry (e.g., cloud/web services) is the biggest user segment. Emerging/Opportune Application: Growth in sectors such as manufacturing, financial, and government is expected as data resiliency and performance demands grow. Market Dynamics Drivers: The primary growth driver for the global Redundant Array of Independent Disks (RAID) market is exponential data generation, particularly driven by cloud computing, big data analytics, and the proliferation of connected devices. Organizations are under increasing pressure to store more data reliably, and RAID architectures provide both performance optimization and fault tolerance. Furthermore, cyber security concerns and data redundancy requirements are pushing enterprises to adopt RAID solutions that can safeguard against drive failures and data loss, bolstering demand. Restraints & Challenges: However, the market faces restraints from implementation costs, especially for small and medium-sized enterprises (SMEs). Deploying RAID systems often requires multiple physical drives, specialized RAID controllers, and infrastructure upgrades, making the initial investment quite steep. Additionally, the complexity of managing RAID systems, including configuration, maintenance, and scaling, can be a barrier to adoption, particularly for organizations without dedicated storage expertise. Opportunities: On the opportunity front, the push toward high-performance storage architectures, such as flash-based RAID and NVMe-based RAID controllers, offers significant upside. The adoption of software-defined storage, hybrid RAID models, and edge computing presents fertile ground for innovation and next-generation RAID deployments. Moreover, emerging markets in Asia Pacific, Latin America, and LAMEA (Latin America, Middle East & Africa) are becoming increasingly attractive as data infrastructure investments accelerate, providing new avenues for RAID vendors to expand. Top Market Players The Reed Intelligence report identifies the following as key players in the global RAID market: Broadcom (Avago Technologies) Intel Dell Fujitsu HP IBM Lenovo Microsemi Supermicro Areca Technology Corporation Market Segmentation By Type Hardware RAID Card Software RAID Card By Application (End-Use Industry) Internet Industry Service Industry Manufacturing Industry Financial Industry Government & Others By Region North America Europe Asia Pacific LAMEA (Latin America, Middle East & Africa) About Reed Intelligence Reed Intelligence is a leading market research firm providing in-depth analysis, trends, and forecasts across a variety of technology sectors. Their Global RAID report offers detailed insights into market share, competitive landscape, regional growth, and future opportunities.

Global Bamboo Flooring Market Projected to Grow at 3.13% CAGR Through 2031, Driven by Sustainability and Renovation Trends The global bamboo flooring market is poised for steady growth over the next decade, with Reed Intelligence estimating a Compound Annual Growth Rate (CAGR) of approximately 3.13% between 2023 (base year) and 2031 (forecast year). Key Highlights Largest region: Asia-Pacific (APAC), driven by rapidly emerging economies, a growing middle-class population, and significant local production capacity. Fastest-growing region: Although CAGR by region is not explicitly broken out in the report, APAC is described as experiencing “remarkable growth” due to its sheer size and emerging players. Largest segment by type: Strand Woven Bamboo Floor, Solid Bamboo Floor, Engineered Bamboo Floor, and Other. Largest (or most significant) application segment: Residential use, followed by Commercial. Fastest-growing segment: The report does not provide a separate CAGR for each type/application, but emphasizes that all segments are benefiting from Eco-conscious trends and renovation demand. Market Dynamics Drivers: The market is being propelled by a rising global emphasis on sustainability and eco-friendly building materials. Bamboo, as a rapidly renewable resource, is increasingly favored in both residential and commercial construction for its low environmental impact. Ongoing renovation trends and the desire for greener interiors are further fueling demand. As consumers and businesses increasingly prefer materials that are both durable and sustainable, bamboo flooring is emerging as a top choice. Restraints: Despite its many advantages, the bamboo flooring market faces several headwinds. Economic uncertainties and regulatory challenges pose risks to supply chains. Additionally, competition from alternative flooring materials (like hardwood, laminate, or synthetic options) could dampen growth, especially in cost-sensitive markets. For More info- https://reedintelligence.com/market-analysis/global-bamboo-flooring-market Opportunities: There is growing awareness among end-users about the ecological and performance benefits of bamboo flooring — creating room for market expansion. At the same time, technological advancements and product diversification (for instance, innovations in strand-woven bamboo, water-resistant finishes, or hybrid products) are opening up new growth avenues. Geographic expansion into undeserved regions and deeper penetration into commercial segments also present promising opportunities. Top Market Players Key players identified in the report include: Yoyu Dasso Jiangxi Feiyu Eco Bamboo & Wood Tengda Jiangxi Shanyou Sinohcon Tianzhen Kang Ti Long Huayu Kangda Kanger Group Zhutao Jiangxi Lvbao US Floors Inc Teragren Bamboo Hardwoods Segmentation (by Region) By Type: Solid Bamboo Floor Engineered Bamboo Floor Strand Woven Bamboo Floor Other By Application: Residential Commercial By Region: North America (U.S., Canada) Europe (U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, and Rest) Asia Pacific (China, Korea, Japan, India, Australia, Singapore, Taiwan, Southeast Asia, Rest of APAC) LAMEA (Latin America, Middle East & Africa) – including UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, plus Brazil, Mexico, Argentina, Chile, Colombia, and rest About Reed Intelligence Reed Intelligence is a leading provider of market research and business intelligence reports. Their analysis covers competitive landscapes, market drivers, restraints, opportunities, and regional dynamics to help stakeholders make informed decisions.

Global Nafion Market Set to Surge at 8.8% CAGR through 2031, Fueled by Hydrogen Economy — Reed Intelligence Report A new market intelligence report from Reed Intelligence reveals that the Global Nafion Market is poised for robust expansion, driven by growing adoption in fuel cells, electrochemical energy conversion, and the expanding hydrogen economy. Key Market Figures Base Year: 2023 Forecast Period: 2023–2031 Compound Annual Growth Rate (CAGR): ~8.8% For More Info- https://reedintelligence.com/market-analysis/global-nafion-market Starting Point (Market Size): USD 3,250 (as reported by Reed Intelligence) Key Highlights Largest Region: North America leads the market, underpinned by a mature technological ecosystem and strong support for sustainable innovation. Fastest-Growing Region: Asia Pacific (APAC) is set for rapid expansion, fueled by emerging economies and increasing local production. Largest Segment (by Type): The Membrane segment dominates, benefiting from its critical role in electrochemical applications. Fastest-Growing Segment (by Type): While the report does not explicitly quantify the fastest-growing type segment, the Membrane category remains the most substantial. Largest Application Segment: In terms of application, Energy (including fuel cells) leads the pack. Fastest-Growing Application Segment: The report highlights increasing opportunities in new applications, especially as Nafion diversifies beyond traditional uses. Market Dynamics The Nafion market is primarily driven by the rising global push toward clean energy, particularly the hydrogen economy. Electrochemical energy conversion and fuel cell technology are core growth levers; as industries and governments invest in green hydrogen infrastructure, the demand for high-performance ion-exchange membranes such as Nafion is accelerating. On the flip side, growth could be tempered by economic uncertainties, regulatory challenges, and supply chain disruptions. However, these very restraints are presenting strategic opportunities: advances in Nafion membrane technology, expansion into emerging geographic regions (such as LAMEA), and diversification into non–traditional applications offer promising avenues for innovation and competitive differentiation. Top Market Players According to Reed Intelligence, key players in the global Nafion market include: DuPont (Chemours) Solvay Dongyue Segmentation The report segments the Nafion market across: By Type: Membrane Dispersions Resin By Application: Energy Analytics & Instrumentation Coatings By Region: North America Europe Asia Pacific (APAC) LAMEA (Latin America, Middle East & Africa) About Reed Intelligence Reed Intelligence is a market research and intelligence firm delivering strategic insights and data-driven analysis across advanced materials, chemicals, energy, and industrial markets.

Vulnerable Road User Detection Market Poised for Strong Global Growth Driven by Safety Innovations https://researchintelo.com/report/vulnerable-road-user-detection-market The global Vulnerable Road User Detection Market is gaining strong momentum as nations prioritize safer mobility ecosystems and advanced driver-assistance technologies. The increasing emphasis on road safety for pedestrians, cyclists, and motorcyclists is fueling adoption across both commercial and passenger vehicle segments. With rising awareness, government mandates, and urban traffic challenges, the market is expected to witness significant expansion in the coming years.

Trailer Angle Monitoring to Prevent Jackknife Market Set for Strong Growth as Fleets Prioritize Safety Innovations https://researchintelo.com/report/trailer-angle-monitoring-to-prevent-jackknife-market The global Trailer Angle Monitoring to Prevent Jackknife Market is experiencing rapid transformation as fleet operators increasingly adopt advanced safety technologies to reduce jackknife incidents. With rising demand for accident-reduction systems and regulatory encouragement for safer commercial transport, the market is positioned for substantial growth in the coming years.

Global TI Fluid Systems Fuel Quick Connects Market Set for Steady Growth Driven by Automotive Innovation and Fuel System Advancements https://researchintelo.com/report/ti-fluid-systems-fuel-quick-connects-market The global TI Fluid Systems Fuel Quick Connects Market is gaining strong momentum as vehicle manufacturers increasingly adopt advanced connection technologies to improve safety, durability, and fuel efficiency. These quick connector systems play a crucial role in ensuring reliable fuel delivery, reducing leakage risks, and supporting evolving emission standards worldwide.

Smart Weapon Rack with IoT Telemetry Market Poised for Significant Growth: Global Insights and Trends Global market valuation for smart weapon racks with IoT telemetry was estimated at USD 1.2 billion in 2024 and is projected to reach USD 2.1 billion by 2030, registering a CAGR of approximately 10.3%. Growth is fueled by consistent technological innovation and increasing reliance on digital solutions in armory management. View Full Report: https://researchintelo.com/report/smart-weapon-rack-with-iot-telemetry-market