Japan Infrastructure – Nihonsun http://nihonsun.net/ Mon, 18 Oct 2021 09:27:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://nihonsun.net/wp-content/uploads/2021/06/icon-2-150x150.png Japan Infrastructure – Nihonsun http://nihonsun.net/ 32 32 Global Helical Submerged Arc Welded Pipe (HSAW) Market Report 2021: Market demand is heavily influenced by CAPEX on pipeline infrastructure – Forecast to 2026 https://nihonsun.net/global-helical-submerged-arc-welded-pipe-hsaw-market-report-2021-market-demand-is-heavily-influenced-by-capex-on-pipeline-infrastructure-forecast-to-2026/ https://nihonsun.net/global-helical-submerged-arc-welded-pipe-hsaw-market-report-2021-market-demand-is-heavily-influenced-by-capex-on-pipeline-infrastructure-forecast-to-2026/#respond Mon, 18 Oct 2021 09:27:00 +0000 https://nihonsun.net/global-helical-submerged-arc-welded-pipe-hsaw-market-report-2021-market-demand-is-heavily-influenced-by-capex-on-pipeline-infrastructure-forecast-to-2026/

DUBLIN, October 18, 2021– (BUSINESS WIRE) – The report “Helical Submerged Arc Welded (HSAW) Pipes – Global Market Trajectory & Analytics” has been added to ResearchAndMarkets.com offer.

The global helical submerged arc welded (HSAW) pipe market estimated at US $ 5.1 billion in 2020, is expected to reach a revised size of US $ 6.3 billion by 2026, growing to a 3.4% CAGR during the analysis period.

18-24 inches, one of the segments analyzed in the report, is expected to grow at a CAGR of 3.2% to reach $ 1.6 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the 24-48 inch segment is readjusted to a revised CAGR of 3.7% for the next 7-year period. This segment currently accounts for a 60.8% share of the global helical submerged arc welded pipe (HSAW) market.

HSAW pipes are mainly used in overland transportation of oil and gas, water distribution and cooling water pipes by power generation facilities. In addition, these pipes are also used in structural applications such as piles in civil engineering constructions, including high rise buildings and bridges. Previously, the use of HSAW hoses was limited to low pressure applications.

However, improvements in manufacturing technology and steel grades over the years have extended its use to high pressure applications. In addition to improving investments in the oil and gas industry against a backdrop of increasing global energy consumption, the demand for replacement of most of the dilapidated pipeline infrastructure, especially in developed regions, is providing potential growth prospects.

The US market is estimated at $ 830.2 million in 2021, while China is expected to reach $ 2.3 billion by 2026

The helical submerged arc welded (HSAW) pipe market in the United States is estimated at US $ 830.2 million in 2021.

The country currently represents a 15.74% share of the world market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 2.3 billion in 2026, with a CAGR of 4.1% throughout the analysis period. Other noteworthy geographic markets include Japan and Canada, each forecasting growth of 2.1% and 2.4% respectively over the period of analysis. In Europe, Germany is expected to grow at a CAGR of around 2.3% while the rest of the European market (as defined in the study) will reach US $ 2.4 billion by the end of the period analysis.

The United States has experienced significant growth in recent years due to factors such as the start of large natural gas and shale gas exploration projects, liberalization of gas prices, and unbundling of pipeline transportation. gas marketing. The high tide in the domestic natural gas sector, especially in the shale gas vertical, has resulted in huge investments in pipeline infrastructure development projects.

Most of the growth in HSAW pipes over the next two decades is expected to come from fast-growing non-OECD economies, particularly China and India, driven by ever-increasing energy demand and an increase in infrastructure development projects.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • A review of the impact of COVID-19 on key end-use markets for HSAW pipes

  • The oil and gas sector is witnessing a recovery

  • Oil and Gas Industry Focuses More on Energy Transitions

  • Increase in economic activity and mobility Liquid fuels

  • Oil and gas companies set to adjust spending in the near term

  • COVID-19 economic slowdown weighs on construction sector

  • Infrastructure spending to get economies affected by COVID-19 back on track

  • Submerged Arc Welded Pipe (SAW)

  • Spiral saw welded pipes

  • HSAW Pipe Manufacturing Steps

  • Types of spiral pipe production process

  • SAW helical pipes vs longitudinal welded pipes

  • Global Helical Submerged Arc Weld (HSAW) Pipe Market: A Prelude

  • The short and medium term outlook remains favorable

  • Developing economies will spearhead future growth

  • Recent market activity

  • Market demand heavily influenced by CAPEX on pipeline infrastructure

2. FOCUS ON SOME PLAYERS (Total 61 featured)

  • American Cast Iron Pipe Company

  • ArcelorMittal SA

  • Borusan Mannesmann Boru Sanayi ve Ticaret AS

  • Europipe GmbH

  • EVRAZ North America

  • JFE Steel Company

  • Jindal SAW Ltd.

  • Jindal Tubular USA LLC

  • Kuwait Pipe Industries and Oil Services Company (KSC)

  • Liaoyang Steel Tube Co., Ltd.

  • Man Industries Ltd.

  • National Pipe Company Ltd.

  • Nippon Steel & Sumitomo Metal Corporation

  • Noksel Celik Boru Sanayi AS

  • North West Pipe Company

  • PAO TMK Group

  • PSL Limited

  • Shengli Oil & Gas Pipe Holdings Limited

  • Stupp Corporation

  • Welspun Corp Ltd.

3. MARKET TRENDS AND FACTORS

  • Rising HR Coil Prices Impact SAW Hoses

  • Global pipeline scenario

  • Changing the fortunes of oil and gas companies

  • Natural gas dominates pipeline construction

  • Regional review: North America and Asia-Pacific dominate pipeline construction

  • The evolution of the energy mix influences the trends in the pipe market

  • Global Oil and Gas Pipeline Infrastructure Investments: Vital for HSAW Pipe Market Growth

  • Replacing Aging Pipelines Offers High Growth Potential

  • Growing inter-regional oil and gas supply to stimulate demand for large OD pipes

  • Infrastructure Investments to Drive Growth of Pile Applications

  • The replacement and modernization of hydraulic infrastructures open up growth opportunities

  • US Senate passes new law to meet water infrastructure goals

  • Trenchless Technologies Augur Well Welded Spiral Tubes

  • Automation gains momentum in spiral pipe welding operations

  • Corrosion protection: an important area of ​​interest

  • Alternative Oil and Gas Transportation: Threat to Pipeline Transportation

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/a4lrg4

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211018005403/en/

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Ministry of Industry calls for Japanese investment in Odisha – The New Indian Express https://nihonsun.net/ministry-of-industry-calls-for-japanese-investment-in-odisha-the-new-indian-express/ https://nihonsun.net/ministry-of-industry-calls-for-japanese-investment-in-odisha-the-new-indian-express/#respond Sun, 17 Oct 2021 03:04:00 +0000 https://nihonsun.net/ministry-of-industry-calls-for-japanese-investment-in-odisha-the-new-indian-express/

Through Express news service

BHUBANEWAR: The state government has strongly supported Japanese investments in steel, downstream aluminum, chemicals, petrochemicals, seafood processing, electronics, and automotive manufacturing.

Chairing a seminar on Thursday on “Exploring Possibilities of New Japanese Investments in Odisha,” Minister of State for Industry, MSMEs and Energy Dibya Sankar Mishra said Japan was a valuable partner from India and Odisha.

He said Odisha, under the leadership of Chief Minister Naveen Patnaik, is committed to establishing an eternal relationship with Japan in industrial and cultural fields. Mishra said that many residents of Odia have made Japan their home. “The Japanese people and artists like Masako Ono are now part of the Odishan culture,” he added.

Chief Secretary Suresh Mahapatra said that Odisha, under the visionary leadership of the Chief Minister, is now a preferred destination for investments and has provided full support to Japanese investors for their smooth operation. Speaking on the occasion, Foreign Minister Harsh Vardhan Shringla said the case for Japanese investments in Odisha was well made. Robust infrastructure, strong political will and the enabling bureaucracy associated with natural resources are Odisha’s great assets.

He assured all the support of the Indian government for successful investments in Odisha. Describing the scope of Japanese investments, Principal Industry Secretary Hemant Sharma said the industry and service sectors contribute around 80 percent of the state’s GDP. He said the state’s one-stop-shop system is the first of its kind and supports industries throughout their investment lifecycles.

Japanese Ambassador and Plenipotentiary to India Satoshi Suzuki, who led the Japanese delegation in his address, appreciated the support given by the Odisha government to Japanese investors. He hoped that the recent industrial and development surge in the state would be more useful for making new Japanese investments in Odisha.

Presidents, CEOs and CEOs of major industries like Arcelor Mittal, Nippon Steel, TRL Krosaki, Tata Group, Aditya Birla, Indo-Nissin Foods, Reliance and Mindtree shared their experience in Odisha with potential investors from Japan. About ten investors from large industrial houses in Japan attended the seminar and interacted with senior government officials.

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Thanks to China, Japan-Taiwan relations will deepen https://nihonsun.net/thanks-to-china-japan-taiwan-relations-will-deepen/ https://nihonsun.net/thanks-to-china-japan-taiwan-relations-will-deepen/#respond Thu, 14 Oct 2021 15:54:09 +0000 https://nihonsun.net/thanks-to-china-japan-taiwan-relations-will-deepen/

In 1997, a group of lawmakers from the youth division of the long-ruling Japanese Liberal Democratic Party visited Taiwan. The evening reception got watered down, as the hosts raised their cups several times and invited their guests to join them in emptying the contents in one fell swoop, accompanied by the usual toast of kan pei, who literally means “dry glass”.

The head of the PLD delegation was none other than Abe Shinzo, who had just been elected to the Japanese legislature, the Diet, four years earlier and would become the country’s longest-serving prime minister. Abe is known to drink little or no drink at all, so in his place, Kishida Fumio, a representative from Hiroshima with a reputation for being something of a drinker, stepped in to handle the toast. He allegedly consumed an almost mythical amount of alcohol that night, which made him endearing to the Taiwanese dignitaries present.

This story has been circulating again since Kishida took office as Prime Minister of Japan last week, after winning the LDP leadership election days before. The Taiwanese National Archives marked the occasion by posting footage of the 1997 visit as well as an earlier exchange in 1994, in which a smiling Kishida posed for a photo alongside then Taiwanese President Lee Teng-hui, known locally as “Mr. Democracy” for his role in overseeing the country’s transition from authoritarian rule.

Anecdotes like these are more than just historical anecdotes. They illustrate the close relationship Japan has enjoyed with its former colony over the decades, even after official relations broke off in favor of diplomatic normalization with Beijing in 1972.

Building on that relationship and motivated by a common concern over China’s aggressive behavior in the region in recent times, Tokyo and Taipei have stepped up their coordination on a range of economic and security issues. Everything points to this trend continuing under Kishida, who recently called rising tensions in the Taiwan Strait the “next big problem.”

Japanese officials have watched with concern as China fly increasing numbers of warplanes in airspace near Taiwan, as President Xi Jinping reiterates threats to annex the autonomous island – by force , if necessary. Concerns in Tokyo over the situation are part of what led Kishida’s predecessor, Suga Yoshihide, to note “the importance of peace and stability across the Taiwan Strait” in his joint statement with the US president. Joe Biden during his visit to the White House in April – the first such reference in a joint statement between the leaders of the two countries since 1969.

In August, PLD lawmakers held their first bilateral talks on security issues with their counterparts from the ruling Progressive Democratic Party in Taiwan, initiated by the Japanese side. One of the attendees, Sato Masahisa, who heads the PLD’s National Security Committee, told the Financial Times that he saw the dialogue as necessary because Taiwan’s future would “have a serious impact” on Japan.

According to Shihoko Goto, a senior member of the Wilson Center’s Asia Program, the recent party-to-party talks have been “a remarkable development,” both for the fact that they have made progress and for Beijing’s relative lack of hindsight. , which in the past has not hesitated to use its economic weight to sanction countries which are approaching Taiwan. It was a sign that Tokyo and Taipei are “more willing and able to have stronger political ties and closer relations when it comes to discussing issues of common interest,” he told me. she says. “They are also able to sense temporarily where the red line may be” vis-à-vis China.

Other recent statements by Japanese officials have referred to Taiwan’s security as being “directly linked” to that of Japan. In its annual defense white paper released this summer, the Japanese Defense Ministry first mentioned Taiwan, noting that “the stability of the situation around Taiwan is important, not only for the security of our country, but for the stability of the international community. community. ”Japan’s westernmost municipality, on Yonaguni Island, is just 70 miles from Taiwan.

“Instead of just monitoring the situation, we hope to weigh the different possible scenarios to consider the options available to us, as well as the preparations we need to make,” Foreign Minister Motegi Toshimitsu told reporters earlier this month. this. Regional analysts were quick to note the explicit reference to possible Japanese action in the event of a contingency, which officials had not openly discussed in the past.

Everything indicates that Japan will continue to pursue a closer dialogue with Taiwan under Kishida.

Japan’s ties with Taiwan will take a back seat in the coming weeks, as the PLD and its coalition partner, the Komeito, prepare for a general election on October 31. They are virtually guaranteed to retain their majority in the lower house of the Diet. because of the structural advantages enjoyed by the ruling coalition, as well as the permanent schisms between the opposition parties.

Once the polls are behind him, there are a number of signs that Kishida is likely to continue pushing for closer ties with Taiwan, Goto said.

In his ministerial formation, Kishida replaced almost all of his ministers, retaining only Motegi and Defense Minister Kishi Nobuo. This indicates Kishida’s intention to continue Suga’s foreign policy, which in turn was inherited from Abe: to maintain the US-Japan alliance as the foundation of the country’s national security, while also reaching out to neighbors. like-minded and concerned about China’s aggression.

Kishida has also appointed a lawmaker for a third term as the newly appointed Minister of Economic Security, responsible for securing sensitive technologies and infrastructure while strengthening supply chains that have been disrupted by the COVID-19 pandemic. As one of the world’s leading producers of semiconductors, a key component for Japanese companies, Taiwan is likely to play an important role in these efforts.

Then there is the crucial question of Japan’s overall security posture. Ahead of the elections, the PLD called for doubling defense spending to 2% of GDP, breaking with the post-war tradition of keeping military budgets capped at 1%. Such an unprecedented increase probably wouldn’t be realized right away, but it still signals a “seismic shift in Japan on what it really needs to do to ensure its own defense capabilities,” Goto said. This will have important implications for Taiwan – and for China’s risk calculation as it weighs the military escalation against the island.

Kishida has not always been a supporter of increased defense spending. At the head of a conciliatory faction of the PLD called the Kochikai, he is from Hiroshima, traditionally a liberal stronghold. Influenced by the history of his hometown, he has long been a strong advocate for a world free of nuclear weapons. During his five-year tenure as Foreign Minister under Abe, he helped facilitate the first-ever visit to Hiroshima by a sitting US president in 2016.

Although many PLD members have come to see China’s military build-up and assertive behavior in the region, including near the Japanese-administered Senkaku Islands in the East China Sea, which China claims to be the Diaoyu , Kishida pleaded for a balanced relationship between Beijing and Washington.

But his publicly expressed views on national security issues have evolved in recent years along with the PLD’s right turn. During the party’s recent leadership race, he said fighting China would be a top priority as prime minister. In his first call with Xi since taking office, he agreed to continue a “constructive and stable” relationship, even though he raised issues such as human rights violations in China and “made Japan’s position known. on Taiwan, ”Kyodo News reported.

Going forward, a tough stance on Beijing raises tough choices for Tokyo. “One of the most difficult issues we will face is, ‘How do we define China as a threat?’ Goto said. Few Japanese would say Beijing poses a security threat, but it is also an important trading partner, a fact that has led Japan to pursue a forked approach to China, dealing with economic and social issues. security as separate domains.

This distinction could become more difficult to maintain as Japan’s main ally, the United States, doubles “extreme competition” with China – a global effort that involves economic policy as well as hard power. The debate in Japan is further complicated by the candidacies of China and Taiwan to join the 11-country Comprehensive and Progressive Trans-Pacific Partnership, the regional trading bloc in which Tokyo plays a leading role. How Japan handles the dueling offers will be an important indication of its course towards Beijing.

From Taiwan’s perspective, it continues to face a huge psychological burden caused by China’s saber strikes, and it has also seen its diplomatic allies regularly poached by Beijing in recent years. Given the relentless pressure, it will likely welcome whatever support regional powers like Japan are willing to offer.

Elliot Waldman is the editor of World Politics Review. Follow him on Twitter at @ElliotWaldman.


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Microchip technology: Protect critical infrastructure networks with the TimeProvider® 4100 version 2.3 Grandmaster timing and synchronization system https://nihonsun.net/microchip-technology-protect-critical-infrastructure-networks-with-the-timeprovider-4100-version-2-3-grandmaster-timing-and-synchronization-system/ https://nihonsun.net/microchip-technology-protect-critical-infrastructure-networks-with-the-timeprovider-4100-version-2-3-grandmaster-timing-and-synchronization-system/#respond Wed, 13 Oct 2021 09:42:21 +0000 https://nihonsun.net/microchip-technology-protect-critical-infrastructure-networks-with-the-timeprovider-4100-version-2-3-grandmaster-timing-and-synchronization-system/

CHANDLER, Arizona, October 13, 2021Infrastructure communication networks – 5G mobiles, utilities, cables, transportation, defense and data centers – acquire and maintain signals for precise synchronization of the Global Positioning System (GPS) or other constellations of satellites in the world. These networks require redundant backup systems when Global Navigation Satellite System (GNSS) signals are not available. The Time provider® 4100 Grandmaster of Precision Timing version 2.3 available today from Microchip Technology Inc. (Nasdaq: MCHP) meets this requirement with the latest IEEE in the industry® Security standard 1588 v2.1 2019 for the protection of timing systems, while also providing an increased level of flexibility and deployment scalability.

Microchip’s TimeProvider 4100 Grandmaster version 2.3 introduces an optional heavy-duty multi-client Precision Time Protocol (PTP) license, providing clients with up to three connections to other grandmasters on the operator’s network. This capacity can be used as a backup for time and phase entry. This new option implements the latest IEEE 1588 2.1 standard majority voting mechanism to select the best input for Assisted Partial Timing Support (APTS) backup protection.

Additionally, TimeProvider 4100 Release 2.3 provides greater deployment flexibility with support for two PTP server profiles on each Ethernet port. Customers can now optimize the use of these ports without additional hardware investment. TimeProvider version 2.3 also allows the use of PTP server, PTP client and in-band management on a single port.

TimeProvider 4100 Release 2.3 provides increased security with support for the latest IEEE 1588 2.1 2019 standard. It includes support for architecture guidance security, which uses redundant communication paths between PTP nodes for detect forgeries. It also implements out-of-band management mechanisms to detect tampering, degradation and failure. This Synchronization Grandmaster provides full support for Authentication, Authorization, and Accounting (AAA) as well as two-factor authentication. As a software update, TimeProvider 4100 Release 2.3 is available for new and already deployed systems. Other features include:

  • PTP enhancements, including increased capacity for up to 1000 network clients, which is required for some applications such as data centers.

  • Improvements to the E1 / T1 expansion module with new signals such as composite clock and JCC (Japan CC format), both inputs and outputs, for greater integration with existing systems.

TimeProvider 4100 Release 2.3 can be managed by Microchip’s TimePictra® Synchronization management system for fault, configuration, accounting, performance and security (FCAPS). Contact your Microchip vendor for order details.

Resources:

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Note: The Microchip name and logo and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the United States and other countries. TimePictra and TimeProvider are registered trademarks of Microchip Technology Incorporated in the United States. All other brands mentioned here are the property of their respective companies.

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Integrated microchip technology published this content on October 13, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on October 13, 2021 09:41:05 AM UTC.

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Why the United States dominates the Nobel Prize winners https://nihonsun.net/why-the-united-states-dominates-the-nobel-prize-winners/ https://nihonsun.net/why-the-united-states-dominates-the-nobel-prize-winners/#respond Tue, 12 Oct 2021 01:54:13 +0000 https://nihonsun.net/why-the-united-states-dominates-the-nobel-prize-winners/

Washington (AFP)

No less than eight of this year’s 13 Nobel Laureates were American citizens, continuing a historic trend linked to the strength of American academia and its ability to attract the world’s best talent.

American universities consistently dominate the “Global Top 100” rankings, with a mix of lavishly endowed private “Ivy Leagues” and prestigious state colleges.

Since the first Nobel Prizes were awarded in 1901, the United States has accumulated 400 medals, followed by the United Kingdom with 138 and Germany with 111 – these figures include those affiliated with several countries.

“I am truly grateful for the opportunities that have been presented to me in this country,” Ardem Patapoutian, co-winner of the 2021 Nobel Prize in Medicine for his work on nerve receptors linked to touch, said of the United States at of a press conference. press conference after his victory.

The Armenian-American, who grew up in Lebanon, attributed his success to the public system at the University of California, where he obtained his bachelor’s degree and did his post-doctorate, as well as to the Scripps Research Institute where he studied. been based for two decades.

The University of California is also home to its co-winner David Julius of UC San Francisco. In total, UC staff and faculty have won 70 Nobel Prizes, one less than the total won by France, the fourth country.

– Basic search –

This year’s physics award co-winner Syukuro Manabe, who left Japan in the 1950s and did his groundbreaking work on climate models in Princeton, New Jersey, told reporters that in America he was able to go where his curiosity led him, which was the key to his success.

Chemistry co-winner David MacMillan left Scotland for the United States in the 1990s and is also a professor at Princeton, where Philippine-American Peace Prize winner Maria Ressa graduated in 1986. .

Monday’s economy prize was shared by Canadian-American David Card, Israeli-American Joshua Angrist – both at Princeton – and American-Dutch Guido Imbens, who is at Stanford.

Funding for basic research, defined as a study aimed at improving scientific theories or understanding of subjects, is at the heart of America’s victories, David Baltimore, co-winner of the 1975 Nobel Prize in Medicine, told AFP.

This is a “leak indicator” because, compared to applied research, dividends can be paid years or decades later, often in unpredictable ways.

“It is also the strength of our research institutes and universities that dates back to the founding of Harvard so many centuries ago, and their continued uninterrupted support,” added Baltimore, now President Emeritus and Distinguished Professor of Biology. at Caltech.

The American emphasis on basic research dates back to the aftermath of World War II and the creation of the National Science Foundation in 1950, which continues to coordinate federal funding for universities today.

Philanthropy and private foundations are also playing an increasingly important role in funding.

As China catches up with the United States in terms of total research funding ($ 496 billion vs. $ 569 billion adjusted for purchasing power parity in 2017), it has challenges related to academic freedom and the ability to attract top talent, said HN Cheng, president of the American Chemical Society.

– Reward young people and migrants –

Just as rich countries with strong sports infrastructures dominate international competitions like the Olympics, being the world’s largest economy makes the United States a scientific powerhouse.

“A scientist, for example, will find more job opportunities not only in academia, but also in industry, government laboratories and other opportunities,” Cheng told AFP.

Marc Kastner, professor emeritus of physics at MIT, added that American universities have long rewarded brilliant young researchers with their own laboratories.

“In places like Europe and Japan there would be large groups led by a very experienced teacher and it was only when that person retired that a younger person stepped in, and at that point “There she doesn’t necessarily have her best ideas anymore,” he said.

For example, Harvard neurobiologist Catherine Dulac, who won the 2021 breakthrough award for her work on parental instinct, decided not to return to France in her twenties for this very reason, as well as for gender bias. , she told AFP last year.

For the future, some fear that the drop in immigration will call into question the American preeminence.

“The United States has built a phenomenal welcoming culture,” Stefano Bertuzzi, who has migrated from Italy and is now CEO of the American Society for Microbiology, told AFP.

Lately, however, he and Kastner have been concerned about growing trends in xenophobia and nationalism, which are making the United States an increasingly less preferred destination.

This is especially true for Chinese students, who were vetted under the administration of former President Donald Trump for espionage concerns.

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UK faces Elon Musk in broadband space race | Technology sector https://nihonsun.net/uk-faces-elon-musk-in-broadband-space-race-technology-sector/ https://nihonsun.net/uk-faces-elon-musk-in-broadband-space-race-technology-sector/#respond Sat, 09 Oct 2021 15:00:00 +0000 https://nihonsun.net/uk-faces-elon-musk-in-broadband-space-race-technology-sector/

TThey are invisible to the naked eye, but can leave a trail of light through an astronomer’s telescope. Above our heads, the constellation of small satellites orbiting the Earth is getting bigger every month. Often no bigger than a refrigerator, they are part of a new space race as their rivals battle it out to bring high-speed internet to the hardest to reach places on Earth.

The pioneers are Starlink, backed by US tech entrepreneur Elon Musk, and OneWeb, which is partly owned by the UK taxpayer. The latter’s plan to build a network of 650 satellites is a centerpiece of the UK’s space strategy, unveiled in September.

In 2020, OneWeb was facing insolvency and the government was persuaded to save it. For Boris Johnson, it was a gift from heaven. The UK had been rejected by the Brexit of the European Union’s Galileo satellite project, and there was Dominic Cummings, technology expert and chief adviser, touting the network as a way back into space.

Back then, OneWeb was focused on using satellites to provide precise positioning information for everything from smartphone maps to emergency service tracking.

Johnson’s follies of £ 400million taxpayer money on a 20% stake was seen by Cummings as a perfect example of the high-risk, high-reward investment the government needed to avoid staying in the slow technological way. Others have called it a senseless gamble of public money and “nationalism taking precedence over sound industrial policy”. Some experts have suggested that Britain “bought the wrong satellites”. OneWeb’s lower earth orbit internet satellites were, they said, inferior to upper orbit positioning systems such as Galileo, US GPS and Russian Glonass.

But now, with the explosion in demand for satellite broadband, Britain may – perhaps inadvertently – have bought itself a place of pride in another innovative but nascent space industry.

The rejuvenated version of OneWeb has attracted investment from Softbank in Japan, Hughes Network Systems in the United States, and Bharti Enterprises in India. Bharti is the largest shareholder, with 38.6%, while the UK has ceded from 45% to 19.3%, tied with Softbank and France’s Eutelsat, which plans an additional injection of £ 120million this month -this.

OneWeb and Starlink are the only broadband operators to have actually placed satellites in space, and OneWeb is poised to provide fast internet access coverage, especially in remote areas. The problem, analysts say, is that Johnson, who unveiled the UK’s ambitious new space strategy – quickly dubbed galactic Britain – just weeks ago – has yet to see its potential.

A spacecraft carrying OneWeb satellites. Photograph: Reuters

“When the UK pulled out of Galileo, we lost access to certain types of services that were essential for our national infrastructure,” said Marek Ziebart, professor of spatial geodesy at University College London. “The government tried to make OneWeb an inexpensive and fast way to deliver PNT [positioning, navigation and timing] services, and it was just a terrible idea. They haven’t given up on this idea yet.

The flip side, he says, is that with 322 OneWeb satellites already in orbit and its constellation almost half-finished, the UK is well positioned to take advantage of a lucrative and geopolitically advantageous broadband market.

“Once you start taking up some space by launching satellites, it’s a bit like the land grabbing of the Wild West – other people are going to have a lot more trouble operating there as well – low, ”Ziebart said. “You can see a lot of people lining up to try and launch this kind of technology. [and] it would put the UK in a technological leadership position if everything worked out. It is in the interests of the UK government to have access to this type of communications infrastructure. From a space policy perspective, getting a slice of the low earth orbit communications satellite paradigm really makes sense, because it’s the new paradigm. “

Washington state-based Starlink, with the resources of Musk and the entire SpaceX fleet at its disposal, stole a march on rivals, including Amazon’s Project Kuiper. It launched nearly 1,800 satellites, approved 10,000 more, and applied for a constellation of 42,000 – all while everyone but OneWeb is still on the ground.

Starlink is also the only operator to have developed a functional ground terminal to process signals from space into internet service up to 300 Mbps, which Musk says is expected to complete its one-year beta testing phase this month. -this. It plans to offer a mobile version of its fixed receiver, dubbed Dishy McFlatface, by the end of the year.

Project Kuiper, with a $ 10 billion investment from Jeff Bezos, has obtained federal approval for 3,236 satellites and in April signed a contract with the United Launch Alliance for its first nine deployment flights, on dates as yet determine. Other projects include a constellation of 13,000 people from China; a micro-satellite company of the private company Atranis which targets Alaska; and Telesat, a Canadian company that won a C $ 1.44 billion (£ 841 million) government grant for its 298 satellite network project.

The EU is studying the launch of a constellation to provide satellite broadband by 2024. “We cannot have the first service in 2040. If we do, we are dead”, Jean-Marc Nasr, director Airbus Space Systems, which is leading a feasibility study, told the European Space Conference in January. Last month, however, the Sunday Telegraph reported that Brussels was considering its own investment in OneWeb, raising the prospect of the EU joining the existing UK-India consortium to take on Starlink.

Yet even OneWeb, with a secure investment already close to $ 5 billion, is unlikely to be able to match Starlink, and possibly Kuiper, in terms of reach, wealth, or customer size.

He doesn’t try either. OneWeb chief executive Neil Masterson told CNBC he believes demand for satellite broadband could support multiple providers. “There are some areas where we will be competing, but governments will always buy more than one service,” he said. “Several players will be able to successfully address their market. “

Satellite broadband has also drawn criticism. Astronomers and environmentalists are angry with light pollution from low-orbiting satellites, and space debris trackers point to dramatically increased collision risks. Ziebart students modeled a 10-year scenario showing an alarming spike in the number of orbiting satellites.

Professor John Crassidis of the University of Buffalo, who advises NASA on space debris, said: “We are already monitoring some 23,000 objects the size of a softball and larger. Adding to that a lot more satellites is going to be a problem in terms of collision avoidance. “

But the market seems limitless. One possible client group, highlighted by the Quartz business website, could be those who wish to bypass censorship in regimes such as North Korea and Afghanistan. More traditional clients would include the emergency services, military, agriculture, and cruise industry – anyone looking for fast internet access where wired connections aren’t available.

Cummings, the architect of the government’s investment in OneWeb, is long gone from government, but with the UK space industry worth £ 16bn a year and 45,000 jobs, Johnson has no reason to opt out of OneWeb.


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Vietnam’s hidden debts to China expose its political risks – the diplomat https://nihonsun.net/vietnams-hidden-debts-to-china-expose-its-political-risks-the-diplomat/ https://nihonsun.net/vietnams-hidden-debts-to-china-expose-its-political-risks-the-diplomat/#respond Fri, 08 Oct 2021 07:26:37 +0000 https://nihonsun.net/vietnams-hidden-debts-to-china-expose-its-political-risks-the-diplomat/

Vietnam is known to have avoided China’s Belt and Road Initiative (BRI), but it received more than $ 16.3 billion in funding from Chinese projects from 2000 to 2017. A new report on Chinese economic assistance programs shine a light on Vietnam and suggest that the country is increasing its debt burden to China far beyond what is commonly thought; creating political risk and affecting Vietnam’s potential policies towards its northern neighbor, which is already subject to harassment and intimidation.

$ 385 billion in hidden debt

AidData’s recent report on China’s overseas loan and assistance portfolio revealed a total of $ 385 billion in unreported and under-reported debt. The dataset covers 13,000 Chinese-funded projects worth $ 843 billion in 165 countries from 2000 to 2017. Although the data includes many non-BRI projects, it’s fair to say that Chinese loans and grants increased dramatically after the BIS began in 2013. The report found that the average government “underreports its actual and potential repayment obligations to China.” an amount equivalent to 5.8% of its GDP.

So how did the debt burden get so heavy? What AidData found is that China grants very few grants and that even its loans are not between sovereign states. Instead, “nearly 70% of Chinese loans abroad are now directed to state-owned enterprises, state-owned banks, special-purpose vehicles, joint ventures, and private sector institutions in countries. beneficiaries ”, rather than sovereign borrowers: that is, central government institutions.

Why is this important? First, Chinese loans are not cheap. Indeed, the average Chinese loan carries an interest rate of over 4%, nearly four times the financing rate of Japan or the European Union.

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Second, China has demanded high levels of collateral, whether for assets or money in escrow accounts that China controls. As such, we have already seen debt-for-equity swaps in Sri Lanka and Laos. While even China might not want to oppose a sovereign government if it cannot service its debt, Beijing has no qualms about its state-owned enterprises seizing the assets of their overseas partners. . For example, a Chinese state-owned enterprise took over part of the Lao power grid when a Lao state-owned enterprise was unable to service its debts for the construction of hydroelectric dams.

And the debt to China is enormous: 42 developing countries, including four in Southeast Asia (Laos, Brunei, Cambodia and Myanmar), have “a public debt to China greater than 10% of GDP”.

Where is Vietnam?

The situation is particularly serious for Vietnam, as it is the eighth recipient of other official Chinese flows (OFA) from 2000 to 2017. In total, Vietnam borrowed 16.35 billion dollars, just behind Indonesia in South East Asia. Vietnam was the 20th largest recipient of Chinese concessional ODA, barely $ 1.37 billion. Nonetheless, Vietnam has long been suspicious of the BRI and to date no new infrastructure project in Vietnam has been officially labeled as part of the BRI in the public domain.

Vietnam’s recent economic growth has been meteoric, with positive growth every quarter from 2000 to mid-2021, when COVID-19 shut down Ho Chi Minh City, the economic hub of the country. As Vietnam prepares to absorb production as companies and countries seek to disassociate themselves from China, infrastructure is its biggest hurdle.

According to the Global Infrastructure Hub, Vietnam’s demand for infrastructure investments is estimated at $ 605 billion between 2016 and 2040. As Vietnam grows richer, bilateral and multilateral development aid and concessional loans have reached a peak. peak. The demand is so enormous that Vietnam must mobilize foreign sources of finance, amid growing difficulties in public-private partnership and build-operate-transfer projects, and limited public budgets.

The BIS has the potential to help Vietnam alleviate its thirst for capital, and Hanoi has publicly endorsed it. In November 2015, the two sides agreed to expand bilateral trade, especially border trade, with northern Vietnam now part of China’s supply chain. The two sides also agreed to promote, but not bind, the development strategy of the BRI of China and Vietnam of 2004 Two Corridors and One Economic Belt. In November 2017, Vietnam and China signed a memorandum of understanding on the joint implementation of the Chinese BRI and the two corridors and an economic belt, in addition to establishing a working group on cooperation in matters of infrastructure and a working group on financial and monetary cooperation. Senior Vietnamese leaders participated in both BRI forums in 2017 and 2019.

But privately, leaders and political advisers have expressed serious doubts. The 2017 MOU was hardly implemented for several reasons.

First, as mentioned above, Chinese loans don’t come cheap. For example, Chinese ODA loans carry very high interest rates, averaging 3% per annum. This is significantly more than Japan (0.4-1.2%), South Korea (0-2%), or India (1.75%).

China’s preferential credit loans are similar to export credit, which is conditional on the recipient country’s adherence to a number of project-related requirements regarding the use of Chinese contractors, among other stipulations, associated at less attractive loan terms compared to other donors. In many cases, this makes the actual cost of the loan much higher than it would be under an open and competitive bidding process. In addition, Chinese loans are subject to a 0.5% commitment fee and 0.5% administration fee. The loan term and grace period are shorter than those of other lenders, 15 and five years respectively.

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Second, Chinese loans come with many additional conditions, including the design and management of the project by Chinese state-owned enterprises, the purchase of Chinese technology, and the use of Chinese workers, many of whom never return to China, causing a local resentment.

Third, Chinese companies have a terrible track record of delays, lack of transparency, cost overruns, environmental damage, poor build quality, and high maintenance costs. The $ 866 million Cat Linh-Ha Dong Railway in Hanoi is the latest example of a Chinese infrastructure project gone wrong and the source of considerable public animosity.

Indeed, in the AidData report, Vietnam was the fifth slowest country for completion of Chinese-funded projects, with an average of 1,783 days (4.9 years) for each project. Among the top 10 countries with BRI infrastructure projects that have been publicly linked to “scandals, controversies or alleged violations”, Vietnam is ranked fourth, with five projects worth $ 2.75 billion .

Political will

So why does Hanoi keep looking for Chinese loans? This is partly a political calculation, hoping that being linked more closely to China will limit Beijing’s intimidation and aggression.

Hanoi has expressed no public concern about being caught in a “debt trap” with China. Its debt remains manageable and the economy grows enough to service the debt. Unlike Laos, Vietnam is full of sources of capital.

But Vietnam’s concerns are clearly justified. Hanoi has limited its sovereign debts to China. It has encouraged non-sovereign commitments, through commercial banks, state-owned enterprises and even private enterprises, in order to reduce its political risk. Together, sovereign debt and OOF loans to China account for 6% of GDP, according to AidData.

While Indonesia in absolute terms has received the most Chinese loans in Southeast Asia, the situation in Vietnam appears more worrying in relative terms. Although low, Vietnam’s sovereign debt and OFA as a proportion of GDP are only lower than in Laos, Cambodia, Brunei and Myanmar.

As long as Vietnam can serve Chinese loans, even at extremely high interest rates, the repo man will not come knocking on the door. But if he does and when he does, Hanoi’s rulers should expect a huge backlash from its nationalist citizens, who have a high level of distrust of China.

This is Hanoi’s real political risk.

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Hyperconverged Infrastructure (HCI) Systems Market To Show Lucrative Growth Trends Over The Period 2021-2026 https://nihonsun.net/hyperconverged-infrastructure-hci-systems-market-to-show-lucrative-growth-trends-over-the-period-2021-2026/ https://nihonsun.net/hyperconverged-infrastructure-hci-systems-market-to-show-lucrative-growth-trends-over-the-period-2021-2026/#respond Thu, 07 Oct 2021 05:19:59 +0000 https://nihonsun.net/hyperconverged-infrastructure-hci-systems-market-to-show-lucrative-growth-trends-over-the-period-2021-2026/

According to a recent new report on Hyperconverged Infrastructure (HCI) Systems Market Cut By types (Hardware and software and others), by application (Healthcare, Manufacturing, Energy, Financial sector, IT and Telecom, Others,, By region, North America, United States, Canada, Europe, Germany, France, United Kingdom, Italy, Russia, Nordic, Rest of Europe, Asia-Pacific, China, Japan, South Korea, Southeast Asia and I), By Regional Outlook – Global Industry Analysis Report, Growth Potential, Price Trend, Competitive Market Share and forecast, 2020-2026.

The research report on Hyperconverged Infrastructure (HCI) Systems Market is a detailed documentation of the important parameters that are expected to remain relevant in this business area for the anticipated duration of the study. Additionally, the documents make notable contributions in terms of the impact of COVID-19 on industry growth. A conclusive analysis of the various drivers, constraints and opportunities that shape the business space also covers a huge part of the study. Furthermore, it also discusses the regional landscape as well as the competitive terrain of the Hyperconverged Infrastructure (HCI) Systems market.

The hyperconverged infrastructure (HCI) systems market is segmented by type and by application. Players, stakeholders, and other participants of the global Hyperconverged Infrastructure Systems (HCI) Market will be able to gain the upper hand by utilizing the report as a powerful resource. The segmental analysis focuses on the production capacity, revenue and forecast by type and by application for the period 2015-2026.

Request a copy of this report @ https://www.nwdiamondnotes.com/request-sample/29510

Discuss the key points of the Hyperconverged Infrastructure (HCI) systems market research:

Developing the Competitive Scale of Hyperconverged Infrastructure (HCI) Systems Market:

  • The Hyperconverged Infrastructure (HCI) Systems Market report provides invaluable analysis of the competitive terrain of this industry vertical by evaluating companies like Nutanix, Inc. Dell Technologies, Inc. Cisco Systems Dell Technologies (VMware, Inc.) Huawei Technologies Co., Ltd. Hewlett Packard Enterprise Development LP Microsoft IBM Corporation Fujitsu Limited DataCore Software Pivot3, Inc. NetApp and Inc. Hitachi Vantara LLC NEC Corporation Scale Computing.
  • The manufacturing plant information established by major players, the regions served, and the market share they hold is provided in the report.
  • The product portfolio of major competitors, along with product specifications and major applications, are also highlighted in the report.
  • The report also contains the pricing models described by each company and their performance.

Other takeaways from the report that will influence the Compensation of the Hyperconverged Infrastructure (HCI) Systems Industry:

  • A comprehensive study of the hyperconverged infrastructure (HCI) systems market product line is included in the report. The report segments the product line of this industry into.
  • The report records the industry share, accumulated compensation, and expected growth rate for each product segment.
  • The scope of the various products is also rigorously controlled and classified into
    • Health care
    • Manufacturing
    • Energy
    • Financial sector
    • IT and Telecom
    • Others
    • By region
    • North America
    • United States
    • Canada
    • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Nordic
    • The rest of europe
    • Asia Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia and me

    .

  • The data encompassing industry share, product demand, and growth rate estimates for all application segments are elaborated in the report.
  • Other important aspects such as market concentration rate, consumption growth rate, sales graph and revenue margins are included in the report.
  • A comprehensive review of the dominant distribution channel, including producers, distributors and downstream buyers, is highlighted in the report.

An overview of the regional landscape of the Hyper-Converged Infrastructure (HCI) Systems Market:

  • According to the report, the regional outlook for the hyperconverged infrastructure (HCI) systems market is fragmented into United States, Canada, Germany, France, United Kingdom, Italy, Russia, China, Japan, South Korea, India, Australia , Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, United Arab Emirates, etc.
  • Information relating to the market share held by each region, along with the potential growth prospects prevailing in these regions during the forecast period are given in the report.
  • The growth rate that each region can represent over the period of analysis is cited in the report.

The study objectives of this report are:

  • To analyze the global hyperconverged infrastructure (HCI) systems market of record status, future forecast, growth opportunities, key market and major players.
  • To present the development of hyperconverged infrastructure (HCI) systems industry in North America, Europe, China, Japan, Southeast Asia, India and Central and South America.
  • Draw up a strategic profile of the main players and analyze in depth their development plan and strategies.
  • To define, describe and forecast the market by type, market and key regions.

Request customization on this report @ https://www.nwdiamondnotes.com/request-for-customization/29510

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WARPSPACE has finalized the Series A fundraiser https://nihonsun.net/warpspace-has-finalized-the-series-a-fundraiser/ https://nihonsun.net/warpspace-has-finalized-the-series-a-fundraiser/#respond Wed, 06 Oct 2021 14:05:00 +0000 https://nihonsun.net/warpspace-has-finalized-the-series-a-fundraiser/

TSUKUBA, Japan – (COMMERCIAL THREAD) – WARPSPACE Co., Ltd. (hereinafter “WARPSPACE”, Director and CEO: Satoru Tsunemachi), a University of Tsukuba spin-off space start-up, has announced the completion of a Series A cycle with leading Japanese venture capitalists, such as SBI Investment Co., Ltd. and Mizuho Capital Co., Ltd. This is the final Series A close and the total funding amount has exceeded $ 9 million since its inception in 2016.

We will accelerate the development of the “WARP-02” data relay satellite, which is the world’s first commercial inter-satellite optical communication service, named “WarpHub InterSat”. On top of that, by raising from Mizuho Capital Co., Ltd., all three Japanese mega-banks are now listed on our investors. ※ Mitsubishi UFJ Financial Group, Inc., Sumitomo Mitsui Financial Group, Inc.

CEO Commentary

It has been 5 years since the founding of WARPSPACE, we marked the first startup in the world, among the providers of inter-satellite optical communications, which were able to close the A series thanks to numerous supports. The prosperity of human beings has accompanied the development of communication all the time. In the “universal century” where the frontier of human activities truly extends into outer space, our optical intersatellite communication network is certainly contributing to the achievement of a sustainable society.

Subscriber comments

Mizuho Capital Co., Ltd.

Investment manager: M. Kato

Removing the communication bottleneck in space is inevitable in order to make more use of the Earth observation data captured by satellites. We believe that the use of Earth observation data will be accelerated by the communication infrastructure provided by WARPSPACE, and that it can contribute to various industries in a transparent way. Mizuho Capital will support WARPSPACE’s global business as a member of Mizuho Financial Group.

SBI Investment Co., Ltd.

Managing Director: Mr. Yusuke Matsumoto

Manager: Mr. Jun Hasegawa

In recent years, low orbit satellites observing the Earth have increased rapidly, so data obtained from satellites is also increasing and is expected to solve social problems in various industries. We believe that WARPSPACE can solve the communication bottlenecks in the space industry by building an inter-satellite optical communication network, which will contribute to the development of the space industry and human society in the future. For the above reason, we have decided to invest in WARPSPACE. We would like to support and hope that WARPSPACE will provide a new communications infrastructure for the new era of space.

About the “WARP STATION conference”

We have a free online conference on October 8 from 9:00 p.m. to 12:30 p.m. EDT. The aim of this conference is to connect the space industry (especially EO) with different fields, such as human rights and cybersecurity to further publish the value of space (EO data). As a guest speaker, we welcome experts from the Secure World Foundation (US) and a cybersecurity specialist from Japan. Please register via the following link.

https://eventregist.com/e/warpstation_day2

About “WarpHub Intersat”

WarpHub InterSat is the world’s first inter-satellite optical communications relay network service using small optical relay satellites. We aim to launch the service in 2023. The number of satellites is growing exponentially in low earth orbit (LEO), which is between 500 and 800 km from the earth’s surface. WarpHub Intersat allows satellites to constantly communicate with ground stations with high speed optical communication, which also allows satellite operators to access more satellite data in near real time, helping to save money. more sustainable world of the earth.

[WARPSPACE Co., Ltd.]
Created in 2016. WARPSPACE has launched three communication satellites, including the one produced as part of the previous university project. In addition to our satellite engineering expertise, we are developing our space business by taking advantage of our partnerships with research institutes such as JAXA and the many experimental and test facilities owned by Tsukuba Science City.

Website: https://warpspace.jp/

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HVAC Services Market Size To Increase $ 21.52 Million Between 2021 and 2025 | Development of electric vehicle charging infrastructure to drive growth https://nihonsun.net/hvac-services-market-size-to-increase-21-52-million-between-2021-and-2025-development-of-electric-vehicle-charging-infrastructure-to-drive-growth/ https://nihonsun.net/hvac-services-market-size-to-increase-21-52-million-between-2021-and-2025-development-of-electric-vehicle-charging-infrastructure-to-drive-growth/#respond Wed, 06 Oct 2021 02:00:00 +0000 https://nihonsun.net/hvac-services-market-size-to-increase-21-52-million-between-2021-and-2025-development-of-electric-vehicle-charging-infrastructure-to-drive-growth/

The market is driven by the development of EV charging infrastructure and the growing demand for replacements in developed countries. However, the high cost of batteries used in electric vehicles will challenge growth.

Download our research report to unlock insights into upcoming trends and challenges that will have a huge effect on the growth of the HVAC services market.

HVAC Services Market: End User Environment

By end-user, the market has seen significant demand for HVAC services from the non-residential segment in 2020. The market growth in the non-residential end-user segment will be significant during the forecast period.

HVAC Services Market: Geographic Landscape

By geography, APAC will experience lucrative growth during the forecast period. About 46% of the overall market growth is expected to come from APAC. China, Japan, and India are the key markets for HVAC services in Asia Pacific.

View Our Latest HVAC Services Market Report to prioritize your marketing expenses and maximize your return on investment as soon as possible!

Covered companies:

  • ABM Industries Inc.
  • Air comfort
  • Alexandre Mécanique
  • Blue Star Ltd.
  • Carrier Global Corp.
  • Daikin Industries Ltd.
  • ENGIE SA
  • National HVAC Service
  • Samsung Electronics Co. Ltd.

What our reports offer:

  • Market share assessments for regional and national segments
  • Strategic recommendations for new entrants
  • Covers market data for 2020, 2021, through 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities and recommendations)
  • Strategic recommendations in key business segments based on market estimates
  • Competitive landscaping mapping the main common trends
  • Company profiling with detailed strategies, financial data and recent developments
  • Supply chain trends mapping the latest technological advancements

Subscribe to our “Lite Package” billed annually at 3000 USD to join our community and view 3 reports per month and download 3 reports per year.

Associated reports:
Global Industrial HVAC Market
– The global industrial HVAC market is segmented by end user (process industry and discrete industry) and by geography (APAC, Europe, North America, South America, and MEA).
Download an exclusive free sample report

Global HVAC Test Instruments Market – The global HVAC test instruments market is segmented by application (air flow and quality, temperature and humidity, electricity and others) and by geography (APAC, North America, Europe, MEA and South America).
Download an exclusive free sample report

Scope of HVAC Services Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Decelerate to a CAGR of over 6%

Market growth 2021-2025

$ 21.52 million

Market structure

Fragmented

Annual growth (%)

8.96

Regional analysis

APAC, Europe, North America, MEA and South America

Efficient contribution to the market

46% APAC

Main consumer countries

China, United States, Japan, Germany, United Kingdom and India

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

ABM Industries Inc., Air Comfort, Alexander Mechanical, Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., ENGIE SA, National HVAC Service and Samsung Electronics Co. Ltd.

Market dynamics

Analysis of the parent market, market growth drivers and obstacles, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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Technavio research
Jesse maida
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