Global Flexible AC Transmission System Market Set to Soar Through 2031, Reed Intelligence Reports

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Flexible AC Transmission System Market Size, Share and Growth Report, 2031

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%

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 Camp Table Market to Grow at 7.1% CAGR Through 2031, Fueled by Glamping & Outdoor Recreation – Reed Intelligence Report

According to a new market intelligence report published by Reed Intelligence, the Global Camp Table Market is projected to register a compound annual growth rate (CAGR) of 7.1% between 2023 and 2031, driven by rising outdoor recreational activity, glamping trends, and increasing disposable income.

Key Highlights
Base year / Forecast year & CAGR: The report’s base year is 2023, and the forecast extends to 2031, with a CAGR of 7.1%.

Largest region: North America is currently the largest regional market, driven by strong consumer demand, technological maturity, and sustainability initiatives.

Fastest-growing region: The Asia-Pacific (APAC) region is expected to witness the fastest growth, supported by emerging economies, growing middle-class population, and increased outdoor recreation.

Largest segmentation (by type): Steel tables represent a major share in terms of product type, followed by aluminium, plastic, fibreboard, and others.

Fastest-growing segmentation: In terms of design and product dynamics, multifunctional, portable, eco-friendly tables are expected to see strong demand, representing a key growth opportunity.

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Market Dynamics
Drivers:
The global camp table market is being propelled by a surge in outdoor recreational activities, including glamping, camping, and RV culture. These leisure trends are complemented by rising disposable incomes in both developed and emerging markets, enabling consumers to invest in high-quality portable furniture. The convenience, portability, and versatility of camp tables make them increasingly attractive for modern outdoor enthusiasts.

Restraints & Opportunities:
Despite strong demand, the market faces challenges such as supply chain disruptions, regulatory pressures, and economic uncertainties, which could limit growth trajectories. However, these very challenges present substantial opportunities: manufacturers can differentiate by innovating with multifunctional designs, lightweight construction, and sustainable (eco-friendly) materials. By tapping into these trends, companies can not only mitigate risks but also capture undeserved segments and expand into new geographies.

Top Market Players
Key companies operating in the global camp table market include:

Lifetime

Trespass

BICA

Recreational Equipment, Inc. (REI)

Helinox

CampTime

TREKOLOGY

Eurohike

Outwell

Vango

Airgo

Robens

Easy Camp

Kampa

Regatta

Total Fishing Gear

Browning Camping

Segmentation & Regional Breakdown
By Type:

Steel Tables

Aluminium Tables

Plastic Tables

Fiberboard Tables

Others

By Application:

Household

Commercial

By Region:

North America (U.S., Canada)

Europe (U.K., 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 (Middle East & Africa + Latin America)

About Reed Intelligence
Reed Intelligence is a market research firm specializing in consumer goods & services, offering in-depth analysis, forecasts, and strategic insights to guide business decisions in global markets.

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Camp Table Market Size, Share and Trends Analysis Report, 2031

Accroding to Reed Intelligence, Camp Table Market Size is projected to grow at an approximate CAGR of 7.1% over the forecast period (2023-2031).

Global Agriculture Sprayer Market Set to Surge with 6.8% CAGR Through 2031, Driven by Precision Farming and Sustainability

According to a newly released report by Reed Intelligence, the Global Agriculture Sprayer Market is projected to grow at a compound annual growth rate (CAGR) of 6.8% between 2023 and 2031, propelled by rising adoption of precision agriculture, increasing crop yields, and sustainability demands.

Key Market Highlights

Forecast Period & Growth: The report covers the base year of 2023 and forecasts through 2031, with a 6.8% CAGR over this period.

Largest Region: Asia Pacific (APAC) emerges as a key growth hub, reflecting strong mechanization and agricultural modernization in countries across the region.

Fastest-Growing Region: APAC also shows the most dynamic growth among regions, supported by favorable demographics and policy tailwinds.

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Segmentation Strength:

By Type: The market is segmented into Mounted, Trailed, Self-Propelled, and Hand-Operated sprayers.

By Application: Includes Farmland, Orchard, Garden, and Urban Greening.

Notable Growth Drivers: Precision agriculture techniques, demand for sustainability, and the need to boost crop yields remain key growth levers.

Emerging Opportunities: Increased adoption of drone-based spraying, automation, and bio-based pesticides are identified as major future growth opportunities.

Market Dynamics

Drivers
The Global Agriculture Sprayer Market’s expansion is primarily driven by the increasing integration of precision agriculture techniques. Farmers and agribusinesses are increasingly leveraging data-driven spraying technologies to optimize chemical application, reduce waste, and improve crop health — all of which contribute to rising demand.

In addition, heightened concerns around sustainability and environmental impact are pushing growers toward more efficient sprayer systems. As crop yields climb and regulatory pressures tighten, the need for sustainable application methods becomes more critical, further fueling market growth.

Restraints & Opportunities
Despite these tailwinds, the market faces restraints such as economic uncertainties, supply chain disruptions, and regulatory challenges that could constrain investment in advanced sprayer systems.  However, these very challenges open up opportunities: companies that innovate around cost-efficient automation, penetrate undeserved geographies, or develop bio-based spraying solutions are well positioned to gain competitive advantage.

Leading Market Players

Prominent players featured in the report include:

CNH Industrial

AGCO Corporation

Deere & Company

Hardi International

Exel Industries

Agrifac

Bargam Sprayers

STIHL

Tecnoma

Great Plains Manufacturing

Buhler Industries

Demco

Kubota

Mahindra & Mahindra

Yamaha

Bucher Industries

GVM

Amazonen-Werke

Bgroup

Jacto

Kuhn

Beijing FengMao Plant

Segmentation & Regional Breakdown

By Type

Mounted Sprayer

Trailed Sprayer

Self-Propelled Sprayer

Hand-Operated Sprayer

By Application

Farmland

Orchard

Garden

Urban Greening

By Region

North America (USA, Canada)

Europe (UK, Germany, France, Spain, Italy, Russia, Nordics, Benelux, Rest)

Asia Pacific (China, Korea, Japan, India, SE Asia, Rest)

LAMEA (Latin America, Middle East & Africa)

About Reed Intelligence

Reed Intelligence is a global market research firm that provides data-driven insights to businesses across industries. Their reports combine granular regional analysis, competitive landscape assessments, and trend forecasting to support strategic decision-making.

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Agriculture Sprayer Market Size and Share Report, 2031

Accroding to Reed Intelligence, Agriculture Sprayer Market Size is projected to grow at an approximate CAGR of 6.8% over the forecast period (2023-2031).

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.

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https://reedintelligence.com/m....arket-analysis/globa


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.

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.

reedintelligence.com

Luxury Vinyl Tile (LVT) Market Forecast Analysis, 2031

Accroding to Reed Intelligence, Luxury Vinyl Tile (LVT) Market Size is projected to grow at an approximate CAGR of 8.45% over the forecast period (2023-2031).

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%.

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.

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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.

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Redundant Array of Independent Disks Market Share, Trends [2031]

Accroding to Reed Intelligence, Redundant Array of Independent Disks Market Size is projected to grow at an approximate CAGR of 7.83% over the forecast period (2023-2031).