Periscope by McKinsey Report: Tech-Driven Consumer Appetite for Digital is Reshaping Retail’s Next Normal

NEW YORK and LONDON, Aug. 6, 2020 /PRNewswire/ — A new report commissioned by Periscope® by McKinsey reveals how tech-driven consumers are reshaping retail’s next normal, with coronavirus concerns helping to accelerate consumers’ demand for digital. Periscope by McKinsey is a suite of marketing and sales analytics solutions that help companies achieve…

NEW YORK and LONDON, Aug. 6, 2020 /PRNewswire/ — A new report commissioned by Periscope® by McKinsey reveals how tech-driven consumers are reshaping retail’s next normal, with coronavirus concerns helping to accelerate consumers’ demand for digital. Periscope by McKinsey is a suite of marketing and sales analytics solutions that help companies achieve sustainable revenue growth.

Retail reimagined: The new era for customer experience surveyed more than 2,500 consumers in France, Germany, the UK, and the US, to closely examine where the biggest changes in consumer behavior are happening. Conducted before and during the pandemic shutdowns, the report reveals three consumer trends: the appetite for digital is surging with no signs of slowing down, brand loyalty remains vulnerable, and a new premium on safety and convenience. In addition, the report shows a significant gap between what consumers want in shopping experience and what retailers are actually providing.

Consumers Want Tech-Forward Shopping Experiences

Whether it’s digital tools such as screen browsing, easy mobile payments, or ordering online with seamless curbside or in-store pickup, shoppers clearly want technology to elevate their in-store experience. The flight to digital and increased customer expectations have created new challenges for how retailers serve their customers.

Yet, in the first run of our survey, more than 35 percent of shoppers reported zero exposure to even the most talked-about or basic in-store technologies such as digital screen browsing and mobile or contactless payments. In the second run of the research in June, consumers were then asked which forms of communication/experience they would like to see offered by retailers in the near future. The top three findings in each market revealed a clear difference in cultural preferences:

  • US: mobile payments—30 percent; mobile app orders—28 percent; apps to scan barcodes—25 percent
  • UK: mobile app orders—34 percent; mobile payments—28 percent; self-identification at terminal—24 percent
  • Germany: mobile payments—29 percent; self-identification at terminal—21 percent; apps to scan barcodes—20 percent
  • France: mobile payments—22 percent; mobile app orders—21 percent; digital shelf labels for info—21 percent

An End to ‘Normal’ Shopping Decisions

Rather than sticking to familiar patterns and brands, consumers have embraced change amid great uncertainty. In the four countries surveyed, 40 percent of consumers said they tried new brands or made purchases with a new retailer between March and June 2020. Loyalty was particularly vulnerable in the US, where 46 percent of consumers made the switch, followed by 44 percent of their UK counterparts.

Consumers’ top reasons for making the switch across all four markets included competitive pricing and empathetic retailers that support their employees during the pandemic with initiatives such as increasing wages, giving extra sick leave, or paying for lost wages.

  • Switched due to competitive pricing: US—51 percent; UK—48 percent; Germany—41 percent; France—36 percent
  • Switched to a «caring» retailer or brand: In the US and France, almost a third of consumers (27 percent and 26 percent) cited this as a reason for switching brands while 19 percent of UK and 17 percent of German shoppers considered this important.

Safety and Convenience Become Even More Critical

New concerns such as safety and hygiene are now top of mind. More than 50 percent of respondents say they want stores to follow guidelines to help keep shoppers and employees safe, such as the installation of plexiglass at the checkout, the use of masks, and availability of hand sanitizers, while 59 percent say it’s important for stores not to be too crowded.

Also, frictionless experience is now even more important. Consumers being able to find what they’re looking for quickly and easily has increased in importance in every country (by 14 percent in the UK, 11 percent in the US, 10 percent in Germany, and 7 percent in France) since March, and was ranked among their top three browsing priorities. This ability was especially valued by 65 percent of US consumers, 59 percent of UK consumers, 52 percent of German consumers, and 47 percent of French consumers. Additionally, 52 percent of shoppers questioned in early June stated that fast checkout was an important part of a great purchasing experience.

New E-Commerce Expectations

E-commerce spending has surged during the shutdowns, as the appetite for digital and contactless ways of shopping has intensified. In the US, it was up more than 30 percent from the beginning of March through mid-April, compared to the same period the previous year.[1] In all four countries surveyed, we observed higher shopping activity in several categories during the shutdowns. Categories with the biggest uptick were apparel (in the US and UK), children’s products (US, UK, Germany), beauty (US), and grocery (US).

While free delivery and returns and fast delivery continue to be the important features for consumers when purchasing online, several digital attributes did skyrocket in value during the crisis. The importance of informative product descriptions and clear product images at a time when consumers couldn’t see, feel, or test products in a store ranked as one of the top three factors for a great online browsing experience in all the countries surveyed. UK consumers led the charge with 70 percent of post-shutdown respondents ranking this as a key consideration (up 23 percent from pre-shutdown), followed by 57 percent in Germany (up 12 percent), 56 percent in the US (up 13 percent), and 51 percent of French shoppers (up 13 percent).

«While disruption and fierce competition are certainly nothing new for retailers, the pace and intensity of COVID-19-related change and their effect on consumers is unprecedented,» said Brian Ruwadi, Senior Partner and Global Leader of Periscope by McKinsey. «This is a pivotal time where we’re seeing not only changing loyalties and a shifting leaderboard, but an opportunity to really connect with consumers in new ways as they reformulate their habits and decision journeys. As retail leaders plot how they will bounce back, they also need to look beyond the immediate challenges and issues. In parallel to quickly recovering revenue, it is critical to engage in long-term planning and accelerate future growth.»

To read more about the survey’s findings, download the «Retail reimagined: The new era for customer experience,» report at: https://mckinsey.com/reinventing-retail

Study Methodology

In early March, Periscope by McKinsey fielded consumer surveys across the US, UK, Germany, and France with more than 2,500 consumers to understand what they value most in digital and in-store experiences, as well as among the retail technologies that tie the two together. To see the impact of COVID-19 on consumer preferences and behavior, the survey was repeated in mid-June. The surveys were conducted online in local languages. In each country, results are sampled and weighted for a representative balance of the consuming class, based on variables including age and socioeconomic status.

About Periscope® by McKinsey 

Founded in 2007, and now a part of the McKinsey Marketing & Sales Practice, the Periscope® by McKinsey platform combines world-leading intellectual property, prescriptive analytics, and cloud-based tools with expert support and training. It’s a unique combination that drives revenue growth, both now and into the future. The platform offers a suite of Marketing & Sales solutions that accelerate and sustain commercial transformation for businesses. Periscope leverages its world-leading IP (largely from McKinsey but also other partners) and best-in-class technology to enable transparency into big data, create actionable insights and new ways of working that drive lasting performance improvement, and typically sustain a 2–7% increase in return on sales (ROS). With a truly global reach, the portfolio of solutions is comprised of: Insight Solutions, Marketing Solutions, Customer Experience Solutions, Category Solutions, Pricing Solutions, Performance Solutions, and Sales Solutions. These are complemented by ongoing client service and custom capability-building programs.

To learn more about how Periscope’s solutions and experts are helping businesses continually drive better performance, visit www.mckinsey.com/periscope

About Marketing & Sales, McKinsey & Company

The mission of the McKinsey Marketing & Sales Practice is to help leaders of both consumer and business-to-business clients create Growth that Matters through meaningful transformations and marketing-driven profit. The practice helps its clients set their strategic direction, develop their marketing and sales capabilities, and connect their organization to realize the full potential of today’s omnichannel opportunities. Clients benefit from McKinsey’s experience in core areas of marketing such as branding, customer insights, marketing ROI, digital marketing, CLM pricing, and sales and channel management.


[1] Market research firm Rakuten Intelligence

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SOURCE Periscope By McKinsey

Broken Promises: Half of All Charter Schools Close by Year 15

NEW YORK, Aug. 6, 2020 /PRNewswire/ — Analyzing a database that tracks charter schools over two decades, a new report from the Network for Public Education (NPE) documents an astounding 50% failure rate of these schools over a 15-year period. More than a quarter of the schools folded within five years.

NEW YORK, Aug. 6, 2020 /PRNewswire/ — Analyzing a database that tracks charter schools over two decades, a new report from the Network for Public Education (NPE) documents an astounding 50% failure rate of these schools over a 15-year period. More than a quarter of the schools folded within five years.

The report, Broken Promises: An Analysis of Charter School Closures from 1999-2017, and an animated map that shows the accumulation of failures across the United States can be found at: https://networkforpubliceducation.org/brokenpromises 

Commenting on Broken Promises NPE Executive Director, Carol Burris, said, «Dr. Ryan Pfleger analyzed the U.S. Department of Education’s Common Core of Data to determine charter school failure rates at the 3-, 5-, 10- and 15-year marks. Even by year five, less time than it takes for a child to complete elementary school, 27% of new charter schools had disappeared.»

Using enrollment numbers from the final year that each charter school was open, Pfleger documented that more than 867,000 students were enrolled in charters that closed between 1999 and 2017. «If we added closures prior to 1999 and subsequent to 2017, it is likely that one million students have been displaced,» he observed.

The study also revealed that charter closures were most likely to occur in the poorest neighborhoods of America’s poorest cities.

Dountonia Batts, an NPE Action Board member and former Indiana charter school teacher, agreed with the findings of the report. «I had students whose high school experience was completed at three different schools because of closing after closing. The students who often feel the hurt first are in black and brown communities where the charter product is cynically peddled as a civil rights solution.»

Commenting on the report, historian of education Diane Ravitch concluded, «The public school should be a stable institution in every community, always there for children and families. Unfortunately, as this report shows, charter schools are inherently unstable. Charters fail for a variety of reasons, mainly because they are a market mechanism, like shoe stores or restaurants—here today, gone tomorrow.»

The Network for Public Education is a national advocacy group whose mission is to preserve, promote, improve, and strengthen public schools for current and future generations of students.

Contact: Carol Burris
Phone: 516 993 2141
Email: cburris@networkforpubliceducation.org 

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SOURCE Network for Public Education

Restaurant Brands International Inc. Announces Renewal of Normal Course Issuer Bid

TORONTO, Aug. 6, 2020 /PRNewswire/ – Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) («RBI») announced today that it has filed, and the Toronto Stock Exchange (the «TSX») has accepted, notice of RBI’s intention to renew its normal course issuer bid (the «NCIB») for its common shares (the «Common Shares»).  The NCIB is being conducted in furtherance of RBI’s current share repurchase authorization by the Board of Directors of RBI in August 2016, pursuant to…

TORONTO, Aug. 6, 2020 /PRNewswire/ – Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) («RBI») announced today that it has filed, and the Toronto Stock Exchange (the «TSX») has accepted, notice of RBI’s intention to renew its normal course issuer bid (the «NCIB») for its common shares (the «Common Shares»).  The NCIB is being conducted in furtherance of RBI’s current share repurchase authorization by the Board of Directors of RBI in August 2016, pursuant to which RBI may purchase up to US$300 million of its Common Shares over the next year (the «Repurchase Authorization»).

The TSX notice provides that RBI may, during the 12-month period commencing August 8, 2020 and ending on August 7, 2021, purchase up to 30,000,015 Common Shares, representing 10% of its public float of 300,000,157 Common Shares as of July 25, 2020 (a total of 303,520,196 Common Shares were issued and outstanding as of such date).  Purchases under the NCIB will be made through the facilities of the TSX, the New York Stock Exchange (the «NYSE») and/or alternative Canadian or foreign trading systems, if eligible, or by such other means as may be permitted by applicable securities laws, including private agreements.  Any purchases made by private agreement under an issuer bid exemption order issued by a securities regulatory authority in Canada will be at a discount to the prevailing market price as provided in any such exemption order.  Purchases under the NCIB made on the TSX will be made in compliance with the rules of the TSX at a price equal to the market price at the time of purchase or such other price as may be permitted by the TSX.  In accordance with TSX rules, any daily repurchases (other than pursuant to a block purchase exception) on the TSX under the NCIB are limited to a maximum of 304,206 Common Shares, which represents 25% of the average daily trading volume on the TSX of 1,216,826 for the six months ended July 31, 2020.  Purchases under the NCIB made on the NYSE will be made in compliance with Securities and Exchange Commission Rule 10b-18 and the U.S. federal securities laws.

Under its prior NCIB that commenced on August 8, 2019 and which expires on August 7, 2020, RBI previously sought and received approval from the TSX to repurchase up to 24,853,565 Common Shares.  While RBI has not repurchased any Common Shares for cancellation under its Repurchase Authorization in the past 12 months, the plan agent under RBI’s employee stock purchase plan purchased an aggregate of 4,178 Common Shares in the past 12 months for the benefit of plan participants at an average price of approximately C$78.50 per Common Share.

RBI believes that the market price of Common Shares could be such that their purchase may be an attractive and appropriate use of corporate funds.  Decisions regarding the amount and timing of future purchases of Common Shares will be based on market conditions, share price and other factors.  RBI may elect to modify, suspend or discontinue the Repurchase Authorization, and its NCIB, at any time.  Repurchases under the Repurchase Authorization will be funded using RBI’s cash resources and all shares repurchased will be cancelled.  RBI intends to enter into an automatic purchase plan to be effective on August 8, 2020 with a broker which will enable RBI to provide standard instructions in the future and then purchase Common Shares on the open market during self-imposed blackout periods.  Outside of these blackout periods, Common Shares may be purchased in accordance with management’s discretion.

About Restaurant Brands International

Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with approximately $32 billion in annual system-wide sales and over 27,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.

Forward-Looking Statements

This press release includes forward-looking statements and information, which reflect management’s current beliefs and expectations regarding future events and operating performance and speak only as of the date hereof.  These forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties.  These forward-looking statements include statements about RBI’s expectations and beliefs regarding its normal course issuer bid purchases.  The factors that could cause actual results to differ materially from RBI’s expectations are detailed in filings with the Securities and Exchange Commission and applicable Canadian securities regulatory authorities, such as its annual and quarterly reports and current reports on Form 8-K, and include the following:  risks related to RBI’s ability to successfully implement its domestic and international growth strategy; and risks related to RBI’s ability to compete domestically and internationally in an intensely competitive industry.  Other than as required under US federal securities laws or Canadian securities laws, we do not assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, change in expectations or otherwise.

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SOURCE Restaurant Brands International Inc.

Postmates Joins Restaurant Industry, Farmers, Fishers, Winemakers and Brewers in Public Support of RESTAURANTS Act

SAN FRANCISCO, Aug. 6, 2020 /PRNewswire/ — As part of its ongoing advocacy for its communities and partners navigating COVID-19, Postmates today announced its proud support for the RESTAURANTS Act and urges Congress to pass this vital piece of legislation. Postmates is the first on-demand delivery marketplace to pledge support for the RESTAURANTS Act, believing this legislation will provide much-needed relief to restaurants and supply chain companies.

SAN FRANCISCO, Aug. 6, 2020 /PRNewswire/ — As part of its ongoing advocacy for its communities and partners navigating COVID-19, Postmates today announced its proud support for the RESTAURANTS Act and urges Congress to pass this vital piece of legislation. Postmates is the first on-demand delivery marketplace to pledge support for the RESTAURANTS Act, believing this legislation will provide much-needed relief to restaurants and supply chain companies.

«Restaurants aren’t just the heart of communities across the country, they are vital to the strength of local economies. Postmates is passionate about supporting every aspect of our marketplace because we know that when one pillar of our community is harmed then the whole system is impacted. That’s why it is so important that Congress passes the RESTAURANTS Act and protects an industry that has been hit hard by the pandemic. Without congressional action, we may permanently compromise the entire food service economy — inaction isn’t an option,» said Bastian Lehmann, CEO of Postmates.

Postmates was founded as a solution for small and locally owned businesses to be able to compete in the emergent on-demand economy. The company’s uniquely-designed platform gives businesses and restaurants the technical tools to offer delivery, pick-up, and marketing capabilities — as well as the flexibility they need to reach new and existing customers, and allows businesses on the platform to set their own prices.

Throughout the pandemic, Postmates has provided an essential service to communities throughout the country, connecting individuals under stay at home orders to the food and resources they need, and offering a valuable source of revenue for restaurants struggling under public health restrictions.

In addition, Postmates has deployed a number of emergency measures to support its marketplace during the COVID-19 crisis including: family care and childcare subsidies for workers, instant payouts for businesses on the platform, and Postmates partnered with hundreds of platform users to help them gain access to federal loans.

The RESTAURANTS Act would help to stabilize not only the restaurant industry, but also the supply chain companies that are often overlooked. The farmers, distributors, fishers, wine and beer producers, and distributors that are dependent on a thriving restaurant industry have also fallen victim to the pandemic. This legislation would provide a lifeline to the entire restaurant industry and supply chain.

ABOUT POSTMATES

Postmates is a leader in on-demand food delivery. The platform gives customers access to the most selection of merchants in the US with more than 600,000 restaurants and retailers available for delivery and pickup, many of which are exclusive to Postmates. The market leader in Los Angeles and markets across the southwest, Postmates covers 80% of US households, across all 50 states. Customers can get free delivery on all merchants by joining Postmates Unlimited, the industry’s first subscription service. Learn more or start a delivery by downloading the app or visiting www.postmates.com.

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SOURCE Postmates

JinkoSolar releases its RE100 roadmap committing to be 100% renewable powered by 2025

SHANGHAI, Aug. 6, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. («JinkoSolar» or the «Company») (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today unveils its RE100 roadmap by providing detail on its approach to achieve 100% powered by renewables by 2025.

This roadmap depicts a series of innovative actions to lower emission caused by its operation, which includes:

  1. Build new factories in or…

SHANGHAI, Aug. 6, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. («JinkoSolar» or the «Company») (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today unveils its RE100 roadmap by providing detail on its approach to achieve 100% powered by renewables by 2025.

This roadmap depicts a series of innovative actions to lower emission caused by its operation, which includes:

  1. Build new factories in or adjacent renewable-rich regions to facilitate green electricity source.
  2. Focus on R&D and commercialization of higher power and efficiency solar products to reduce power consumption per watt.
  3. Accelerate study on new and recycled material alternative, less material consumption, «lighterize» and «thinnerize» production, for instance reduce wafer thickness, reduce silver paste consumption without sacrificing quality and reliability, reduce weight of bifacial panel by replacing glass with transparent backsheet.
  4. Optimize process to save energy, for instance to reduce electricity consumed for wafer production.
  5. Adopt an integrated and sustainable view of the product lifecycle, from ideation to commercialization, continuing to increase the use of recycled materials, innovate in product recycling. Keep pace with global PVcycle program and learn good practice from others.
  6. Embed principles of sustainability in the supply chain, using it to guide decisions ranging from product design and factory floor configuration to sourcing and logistics.
  7. Invest more in onsite solar, solar plus storage projects by deploying panels in all suitable rooftops of its global dispersed manufacturing facilities, workshops, warehouse, new and existing office buildings, employee dormitories, to ensure 50% of the consumed solar electricity comes from projects that JinkoSolar built.
  8. JinkoSolar’s R&D centers focus on innovative silicone solar panel recycling technology, and are now partnering with universities and institutions at home and abroad to further develop engineering solutions.
  9. Identify new ways to lower energy use at our all facilities, investing in energy efficiency upgrades, energy saving gauges, smart building technologies, to lower electricity consumption.
  10. Encourage and reward suppliers by upgrading their grade who use renewable energy for JinkoSolar order production.
  11. Process and material innovations, for example carbon-free soldering, metallization process through investments and collaboration with equipment suppliers.
  12. Invest in planting trees, forests, and other nature-based solutions in facilities and communities to remove carbon from the atmosphere.
  13. Help to counteract desertification using desalination powered by solar energy to improve soil conditions.

«We’re proud of our ambitious roadmap we have set for the coming ten years,» said Dany Qian, vice president of JinkoSolar. «As the world’s largest solar module manufacturer, it doesn’t make sense that we produce renewable equipment but not use renewable energy ourselves. We are well positioned to lead the industry in the pursuit of giving the next generation a livable planet, an affordable and sustainable energy solution.»

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SOURCE JinkoSolar

Former Judge Defends New Wave of Attacks on Cultural Exchange Programs

WASHINGTON, Aug. 6, 2020 /PRNewswire/ —

«Unlike the stories so often portrayed in the news about CI programs, my education was about building bridges with language and not as a political tool.» Douglas McDonald, retired administrative judge.

In a recent

WASHINGTON, Aug. 6, 2020 /PRNewswire/ —

«Unlike the stories so often portrayed in the news about CI programs, my education was about building bridges with language and not as a political tool.» Douglas McDonald, retired administrative judge.

In a recent opinion piece, former Boston judge Douglas McDonald responded to arm-waving assertions that global educational exchange programs serve as nothing more than fronts for foreign powers political machinations- a narrative that often plays out in concerns raised about Confucius Institute programs. In the piece, McDonald speaks to the key role language played in his time teaching at Al-Hikma University in Baghdad shortly after the 1967 Arab-Israeli War.

«For me, language is a key that opens the door to another culture and is a way to understand other people, to become aware of similarities, as well as differences,» said McDonald,  who has been studying Chinese language at both the Confucius Institute at University of Massachusetts Boston and the Confucius Institute at Tufts University since 2018, before turning his attention towards this new climate of hostility towards global and cultural exchange programs as more and more Americans flirt with «America first» isolationism.

In an open letter to editors nationwide, the Confucius Institute U.S. Center opened up about the often one-sided discourse that surrounds Confucius Institute programs in the United States.

«We live in a time where innuendo is reported as fact, and the burden of proving one’s innocence often only serves to generate proof of one’s guilt. It’s a Catch-22,» said Erik Eging, a communications associate at the Center. «After a year-long investigation of CI programs, the Government Accountability Office did not find any evidence to substantiate these claims, but instead found locally controlled, autonomous programs committed to academic freedom, and American universities who controlled their Institute’s curriculum. Before parroting loaded or misinformed talking points, we hope more people would take the time to talk to students-such as Judge McDonald along with many others-who have actually participated in Confucius Institute programs.»

To learn more about the GAO report, click here

Confucius Institutes are educational programs offering highly-demanded global education and intercultural learning opportunities to diverse American communities. CIUS Center welcomes your questions on our educational work.  We do not endorse or oppose any legislation or lobby on any issues before government. 

To learn more about the Confucius Institute and how the programs operate, visit www.ciuscenter.org.

MEDIA ALERT: To set up an interview or for more information, contact the CIUS Center at press@ciuscenter.org 

The Confucius Institute U.S. Center is a (501)(c)(3) nonprofit organization that promotes the value of mutual understanding between the US and China through language education and cultural exchanges. Confucius Institute programs are operated independently by host colleges and universities to prepare the next generation of leaders through language, arts, culture, and educational travel experiences. Follow us on FacebookTwitter, and Instagram @CIUSCenter. 

 

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SOURCE Confucius Institute U.S. Center

Solar PV Mounting System Market to Hit $16 Bn by 2026; Global Market Insights, Inc.

SELBYVILLE, Del., Aug. 6, 2020 /PRNewswire/ — Global Market Insights, Inc. has recently added a new report on the solar PV mounting system market which estimates the market…

SELBYVILLE, Del., Aug. 6, 2020 /PRNewswire/ — Global Market Insights, Inc. has recently added a new report on the solar PV mounting system market which estimates the market valuation for solar PV mounting systems will cross US$ 16 billion by 2026. The provision for various tax rebates along with subsidies to support the design and construction of photovoltaic systems will significantly augment the industry growth.

Fixed mounting systems market will witness significant growth on account of their low operational costs and ease of availability. Less space requirements along with low capital investment will further stimulate the industry growth over the forecast timeline.

Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/1647

The growing adoption of solar energy in residential & commercial buildings is projected to drive the rooftop solar PV mounting system installation globally. Several countries including South Africa, and Brazil are emphasizing more on the deployment of photovoltaic systems across households & buildings to effectively deal with the ongoing power scarcity situations. Moreover, the declining solar component costs have further driven the deployment across various developing countries significantly.

The residential sector holds immense growth potential and will witness substantial deployment in the coming years. Conducive regulatory efforts to escalate solar adoption through incentivization, feed in tariffs, net metering and similar supportive policies will drive the industry statistics significantly. In addition, declining technology prices, due to the economies of scale and global competition will further raise the solar PV mounting system market dynamics globally.

Growing focus towards the grid integration of sustainable sources has significantly strengthened the solar PV mounting systems business portfolio across Latin America. The region with its favorable geographical location and strong regulatory measures has emerged as one of the leading and most competitive markets for the mounting systems. Development of large utility-scale projects across Chile and Brazil are further enhancing the industry growth substantially. For instance, in 2019, Chile has announced to build Sol del Desierto project with a capacity of 230 MW. In the coming years, declining component prices with the introduction of favorable incentive measures will surge the market across the region.

Browse key industry insights spread across 240 pages with 434 market data tables & 52 figures & charts from the report, «Solar PV Mounting Systems Market Share & Forecast, 2020–2026» in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/solar-PV-mounting-systems-market

Few major findings of the solar PV mounting systems market report include:

  • Ongoing shift toward adoption of sustainable technologies over traditional coal-fired systems will drive the growth of solar PV mounting system market globally.
  • Rising investments toward the integration of solar PV technologies across residential and commercial establishments will fuel business growth.
  • Technological advancement toward product design for efficiency enhancement and cost reduction will stimulate the product demand.
  • Soaring investments for solar PV technologies across African & Middle East countries will supplement the product demand.

Major players operating across the solar PV mounting system market includes, RBI Solar, UNIRAC, Inc., Schletter GmbH, K2 Systems GmbH, Mounting Systems GmbH and Esdec Inc. amongst others.

Browse complete report table of contents @ https://www.gminsights.com/toc/detail/solar-PV-mounting-systems-market

Partial chapters of report table of contents (TOC):

Chapter 3    Solar PV Mounting Systems Industry Insights

3.1    Industry segmentation

3.2    Industry ecosystem analysis

3.2.1    Vendor matrix

3.3    Innovation & sustainability

3.3.1    Schletter GmbH

3.3.2    UNIRAC

3.3.3    Mounting Systems

3.3.4    Clenergy

3.3.5    NEXTracker

3.3.6    Arctech Solar

3.3.7    PV Hardware

3.3.8    ArcelorMittal Projects Exosun

3.3.9    Convert Italia SpA

3.4    Regulatory landscape

3.4.1    North America

3.4.1.1    U.S.

3.4.1.2    Mexico

3.4.2    Europe

3.4.2.1    Regulation

3.4.2.2    UK

3.4.2.3    France

3.4.2.4    Germany

3.4.3    Asia Pacific

3.4.3.1    China

3.4.3.2    India

3.4.3.2.1    National Tariff Policy (Dated 28th January 2016)

3.4.3.3    Australia

3.4.3.3.1    Feed-in tariff

3.4.4    Africa

3.4.4.1    South Africa

3.4.4.1.1    Renewable Energy Independent Power Producer Programme (REIPPP)

3.4.4.1.2    Integrated Resource Plan for Electricity (IRP)

3.4.5    Middle East

3.4.5.1    Nigeria

3.4.5.1.1    Nigeria Feed-in Tariff for Renewable Energy Sourced Electricity

3.4.5.2    UAE

3.4.5.2.1    Small-Scale Solar Photovoltaic Energy Netting Regulations

3.4.5.3    Iran

3.4.6    Latin America

3.4.6.1    Chile

3.5    Price trend analysis. By end-use

3.5.1    Residential

3.5.2    Commercial

3.5.3    Utility

3.6    Cost structure analysis

3.6.1    Price learning curve for PV technologies

3.6.2    Capital cost breakdown analysis for solar PV plant, 2019

3.7    Global trends in renewable energy investment 2019 (USD Billion)

3.8    Global solar cost reduction potential, 2025

3.9    Renewable power generation as a share of global power, 2018

3.10    Industry impact forces

3.10.1    Solar PV Mounting Systems Market Growth drivers

3.10.1.1    North America & Latin America

3.10.1.1.1    Stringent targets for solar PV systems installation

3.10.1.1.2    Declining component cost

3.10.1.2    Europe

3.10.1.2.1    Growing demand for conventional energy replacement

3.10.1.3    Asia Pacific

3.10.1.3.1    Favorable clean energy directives

3.10.1.4    Middle East

3.10.1.4.1    Increasing utility-scale investments

3.10.1.5    Africa

3.10.1.5.1    Rising distributed and off-grid solar installations

3.10.2    Industry pitfall & challenges

3.10.2.1    Availability of other sustainable alternatives

3.11    Growth potential analysis

3.12    COVID – 19 impact on the overall industry outlook, 2020 – 2026

3.12.1    Top countries impacted by COVID-19

3.12.2    Optimistic View

3.12.3    Realistic View

3.12.4    Pessimistic View

3.13    Porter’s analysis

3.13.1    Bargaining power of suppliers

3.13.2    Bargaining power of buyers

3.13.3    Threat of new entrants

3.13.4    Threat of substitutes

3.14    Competitive landscape, 2019

3.14.1    Strategy dashboard

3.14.1.1    Schletter GmbH

3.14.1.2    Mounting Systems, Inc.

3.14.1.3    JinkoSolar

3.14.1.4    UNIRAC

3.14.1.5    K2 Systems

3.14.1.6    Clenergy

3.14.1.7    NEXTracker

3.14.1.8    Array Technologies

3.14.1.9    Arctech Solar

3.14.1.10   Soltech

3.14.1.11   PV Hardware

3.14.1.12   GameChange Solar

3.14.2    Merger & Acquisition

3.14.2.1    RBI Solar

3.14.2.2    Mounting Systems, Inc.

3.14.2.3    UNIRAC

3.15    PESTEL analysis

Browse related report:

Solar PV Module Market Size By Technology (Thin Film, Crystalline Silicon), By Product (Monocrystalline, Polycrystalline, Cadmium Telluride (CdTe), Amorphous Silicon (A-Si), Copper Indium Gallium Di-selenide (CIGS)), By Connectivity (On-Grid, Off-Grid), By Mounting (Ground Mounted, Roof-Top), By End-Use (Residential, Commercial, Utility), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

https://www.gminsights.com/industry-analysis/solar-pv-module-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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Solar PV Mounting Systems Market to exceed $16 Bn by 2026
Solar PV Mounting Systems Market is expected to surpass USD 16 billion by 2026, as reported in the latest study by Global Market Insights, Inc.

Related Links

Solar Tracker Market

Solar Energy Storage Market

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SOURCE Global Market Insights, Inc.

ParentSquare to Provide K-12 Educators With COVID-19 Health Screening Forms for Back to School

SANTA BARBARA, Calif., Aug. 6, 2020 /PRNewswire-PRWeb/ — ParentSquare Inc., provider of the premier unified school-to-home engagement platform for K-12, has launched a new health screening form feature, delivering schools an easy-to-use solution to enable student and staff daily health screenings.

With this new feature, parents, staff and high school students can electronically submit a health screening form indicating if they are exhibiting systems of COVID-19. They will immediately receive…

SANTA BARBARA, Calif., Aug. 6, 2020 /PRNewswire-PRWeb/ — ParentSquare Inc., provider of the premier unified school-to-home engagement platform for K-12, has launched a new health screening form feature, delivering schools an easy-to-use solution to enable student and staff daily health screenings.

With this new feature, parents, staff and high school students can electronically submit a health screening form indicating if they are exhibiting systems of COVID-19. They will immediately receive clearance to go to school or instructions to stay home, matching school or district policies. For school bus or on-campus health screening scenarios, teachers and staff can easily use ParentSquare to record results for students.

Because these health screening forms are managed through the ParentSquare platform, identifying information about the student or staff member is pre-populated from data the school already has, and the information remains secure and private.

Results from the health form are immediately available in ParentSquare’s dashboard for the student’s homeroom teacher, authorized staff or on-site health screeners — with clear indication of missing responses or if anyone is exhibiting symptoms.

The school or district can select a CDC-aligned health screening form in ParentSquare and then customize to meet any additional requirements they may have. The form is initially available in English, Spanish, Chinese, Vietnamese and Korean.

The Health Screening form feature is available now, and included at no additional charge for all customers with ParentSquare’s existing Forms and Permission Slips component as part of their solution.

«Our goal is to make it easier for students and families to complete necessary health screenings, and easier for teachers and staff to process, manage and maintain easily accessible records and reports of these screenings,» said Sohit Wadhwa, CEO of ParentSquare.

«We hope this feature will prevent those exposed or with symptoms from visiting campus at all, helping to prevent the spread of COVID-19 in schools» said Anupama Vaid, ParentSquare Founder and President. «In addition to the obvious benefit of keeping potentially sick students and staff home before arriving at school, it also helps districts save time and money, by reducing paper printing, handling and processing involved with on-site health screenings.»

About ParentSquare
ParentSquare is relied upon by more than two million educators and families in over 44 states for unified, effective school communications. ParentSquare provides parent engagement tools that work from the district office to the individual classroom, supported by powerful metrics and reporting. ParentSquare’s technology platform features extensive integrations with student information and other critical administrative systems, translation to more than 100 languages, and app, email, text, voice and web portal access for equitable communication. ParentSquare (http://www.parentsquare.com), founded in 2011, is based in Santa Barbara, CA.

 

SOURCE ParentSquare

The 5 Most Important Facts About Responsive Web Design, According to Digital Silk

NEW YORK, Aug. 6, 2020 /PRNewswire-PRWeb/ — Responsive web design (RWD) can add up to 188% in revenue to a company, according to some reports. Due to its user-friendliness across devices, responsive websites enjoy higher search rankings and, therefore, organic traffic, as well as on-site conversions.

Digital Silk, a…

NEW YORK, Aug. 6, 2020 /PRNewswire-PRWeb/ — Responsive web design (RWD) can add up to 188% in revenue to a company, according to some reports. Due to its user-friendliness across devices, responsive websites enjoy higher search rankings and, therefore, organic traffic, as well as on-site conversions.

Digital Silk, a global digital agency, outlined the key information to know about responsive web design, what it entails and how brands can effectively use the method of design to increase conversions.

The five most important facts about responsive web design are:

1. There is a right way of doing responsive design

  • Brands like Dropbox, Dribbble and Slack have compelling interfaces that have features like changing font and image sizes as the user scrolls, clean design, a hamburger menu CTAs that change on mobile

2. There is a screen resolution standard

  • Companies should use the most common screen resolutions for each device and according to those figures, curate the content, evaluate its readability and assess the aesthetics.

3. Responsive design technology has its own set of challenges & alternatives

  • The challenges to keep in mind are that responsive web design takes longer to develop, banner ad responsiveness is not up to par if not using HTML5 and loading speeds can be hurt.

4. The content layout can make or break responsive UX

  • Brands should know that the content layout should feature the value proposition center-left and users spend most of their time viewing the top part of the page.

5. Responsive web design boosts mobile conversions

  • The user experience on mobile should be smooth and highlight the value proposition and CTAs clearly to increase conversions.

The way content is presented across devices is an important factor in both Google and the user experience, and ultimately conversions. Brands considering responsive web design can review the top tips and facts to create a strategy that yields results.

About Digital Silk: Digital Silk is a creative digital agency focused on growing brands online. From custom websites to digital marketing, Digital Silk creates SUPERIOR digital experiences to drive higher conversions, greater brand engagement & measurable results.

 

SOURCE Digital Silk

Medical Oxygen Concentrators Market Revenue to Cross USD 5 Bn by 2026: Global Market Insights, Inc.

SELBYVILLE, Del., Aug. 6, 2020 /PRNewswire/ — According to the latest report «Medical Oxygen Concentrators Market by Product (Portable Oxygen Concentrators, Fixed Oxygen Concentrators), Application (Home Care, Non-homecare), Technology (Continuous Flow, Pulse Flow), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026», by Global Market Insights, Inc., the

SELBYVILLE, Del., Aug. 6, 2020 /PRNewswire/ — According to the latest report «Medical Oxygen Concentrators Market by Product (Portable Oxygen Concentrators, Fixed Oxygen Concentrators), Application (Home Care, Non-homecare), Technology (Continuous Flow, Pulse Flow), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026», by Global Market Insights, Inc., the market valuation of medical oxygen concentrators will cross $5 billion by 2026. Rising prevalence of chronic obstructive pulmonary disorder (COPD) and asthma will accelerate market growth.

The COVID-19 pandemic has affected a significant number of people across the globe. Coronavirus infection mostly affects the respiratory tract and patients may face difficulty in breathing. Thus, the World Health Organization (WHO) has recommended oxygen therapy for all patients in severe and critical condition. As an oxygen concentrator is a rich source of pure oxygen and has the benefit of portability, its adoption rate will expand in the upcoming period.

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https://www.gminsights.com/request-sample/detail/449

Technological advancements in oxygen concentrators to provide more effective and convenient oxygen therapy will drive its demand in the near future. Factors such as the need for smaller, noise-free, light-weight, durable and cost-effective devices have driven innovation in these devices. In November 2019, Caire company introduced a portable oxygen concentrator deployed with autoSAT technology, FreeStyle Comfort. The technology helps patients through an enhanced supply of oxygen bolus in line with their breathing rate. Moreover, better ergonomics assist patients with convenience and will thereby impel the demand for innovative concentrators.

Portable medical oxygen concentrators market is estimated to show a growth of -7.6% through 2026. Portable oxygen concentrators offer a wide range of advantages to its users including continuous oxygen supply with advanced technology, use at homecare settings and undisrupted use during traveling. Most of these devices are also cleared by the Federal Aviation Administration, which allows the carrying of oxygen concentrators during flight travel.

Pulse flow technology segment in the medical oxygen concentrators market valued at more than USD 804 million in 2019. This technology automatically increases or decreases the oxygen supply with a patient’s breathing rate. Oxygen concentrators that are equipped with pulse flow technology are better suited for patients that follow a busy lifestyle involving frequent traveling. Growing preference for this technology coupled with a changing lifestyle of the population will assist in market expansion.

The non-homecare application segment held over 34% market share in 2019 due to a growing geriatric population prone to various respiratory and cardiac conditions. Moreover, increasing prevalence of respiratory tract infections leading to higher hospital admissions will further influence the segment growth.

The North America medical oxygen concentrators market accounted for around 39.5% revenue share in 2019 owing to significant awareness, a larger elderly patient pool and better spending capacity. Also, the presence of established industry players offering novel devices influences its availability and adoption in the region. Furthermore, the rapidly increasing number of COVID-19 patients, especially in the U.S. will augment North American market value.

Request customization of this research report @

https://www.gminsights.com/roc/449

Prominent players operating in the market include Philips Respironics, Teijin Limited, Inogen, Invacare and Inova Labs (ResMed) among other players. These players are expanding their footprint by adopting several strategies such as product launch, acquisitions, and marketing campaigns to encash business growth opportunities. For instance, in January 2019, ResMed announced the availability of Mobi, a portable oxygen concentrator across the U.S. The product availability will enhance company’s revenue stream by catering to a large COPD patient base in the country.

Table of Contents (ToC) of the report:

Chapter 3. Medical Oxygen Concentrators Market Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 – 2026 (USD Million)

3.3. Industry impact forces

3.3.1.    Growth drivers

3.3.2.    Industry pitfalls and challenges

3.4. Growth potential analysis

3.4.1.    By product

3.4.2.    By application

3.4.3.    By technology

3.5. COVID-19 impact analysis

3.5.1.    Impact analysis of COVID-19 on 10 major markets

3.5.1.1.    U.S.

3.5.1.2.    Italy

3.5.1.3.    Spain

3.5.1.4.    China

3.5.1.5.    Germany

3.5.1.6.    France

3.5.1.7.    UK

3.5.1.8.    Japan

3.5.1.9.    India

3.5.1.10.    Canada

3.5.2.    Impact of COVID-19 on industry segments, by 10 major markets

3.5.2.1.    Portable Medical Oxygen Concentrators

3.5.2.2.    Fixed Medical Oxygen Concentrators

3.5.3.    Impact of COVID-19 on industry value chain

3.5.3.1.    Research and development

3.5.3.2.    Manufacturing

3.5.3.3.    Marketing

3.5.3.4.    Supply

3.5.4.    Impact of COVID-19 on industry competition

3.5.4.1.    Strategy

3.5.4.2.    Distribution network

3.5.4.3.    Product portfolio

3.5.4.4.    Business growth

3.6. Regulatory landscape

3.7. Technology landscape

3.8. Porter’s analysis

3.9. Competitive landscape, 2019

3.9.1.    Competitive market share analysis, 2019

3.10.    PESTEL analysis

Browse Complete Table of Contents (ToC) @

https://www.gminsights.com/toc/detail/medical-oxygen-concentrators-market-report

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Related Images

global-oxygen-concentrators-market.png
Global Oxygen Concentrators Market value to reach USD 5 Bn by 2026: GMI
North America medical oxygen concentrators market accounted for around 39.5% revenue share in 2019 owing to significant awareness, larger elderly patient pool and better spending capacity.

Related Links

Homecare Oxygen Concentrators Market Size

Therapeutic Respiratory Devices Market Size

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SOURCE Global Market Insights, Inc.