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Surge Protection Devices Market Strategic Assessment and Global Expansion by 2027

Surge Protection Devices Market Synopsis:

The rising demand in the power sector has generated demand for technological innovations in power infrastructure. This, in turn, is presumed to pave the way for the installation of surge protection devices on the global front over the next couple of years. This report by Market Research Future (MRFR) unravels that the global surge protection devices market is anticipated to expand at 5% CAGR across the forecast period 2018 to 2023.

Industries across the world are investing in the deployment and installation of expensive machinery and equipment. In order to protect these machineries and equipment, the demand for surge protection devices is skyrocketing. In addition, the rise in alternative energy implementations is also anticipated to drive the proliferation of the surge protection devices market in the forthcoming years. The existing systems for combating loads in industries require high maintenance costs while exhibiting low efficiency. It is expected to lead the growth

Regional Analysis:

The geographical analysis of the global surge protection devices market spans across Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW). These regional segments are studied on a regional and a country-level basis in the report. Europe and North America are currently dominating the global market. Increasing investments in smart cities, in conjunction with the rising urban population, is expected to drive the growth of the surge protection devices market in these regions over the next couple of years. Also, the digitization of end-user industries is anticipated to expedite the expansion of the market in the upcoming years. Asia Pacific is also assessed to hold a substantial share of the surge protection devices market during the assessment period. China, India, South Korea, and Indonesia are anticipated to exhibit rapid growth in the foreseeable future.

Market Segmentation:

By application, the surge protection devices market is segmented into residential, commercial, and industrial. Among these, the industrial segment is projected to strike a higher CAGR over the next couple of years. The installation of expensive machinery & equipment in industries has intensified the demand for surge protection devices for their protection. It is anticipated to drive the proliferation of the segment in the years to come.

The type-based segments of the surge protection devices market are plug-in protection devices, line cord, hard wired, and power control devices. The hard wired segment is likely to lead the growth pattern of the market during the forecast period. Increasing installation of the product in buildings to provide protection against lightning strikes is poised to amplify the growth rate of the segment over the next couple of years.

On the basis of voltage, the surge protection devices market has been divided into high voltage and low voltage. Among these, the high voltage segment is assessed to benefit immensely from the rising demand across end-user industry verticals.

Competitive Dashboard:

Schneider Electric SE (France), Mitsubishi Electric Corporation (Japan), ABB Ltd. (Switzerland), Alstom SA (France), Toshiba (Japan), Siemens AG (Germany), Larsen & Turbo (India), Hitachi (Japan), Hyundai heavy industries (South Korea), Fuji Electric (Japan), Xian XD (China), Nissin Electric (Japan), Hyosung (China), Eaton (Ireland), Bharat Heavy Electric Ltd. (India), and Meidensha (Japan) are few of the major participants of the surge protection devices market. These players are constantly investing in the development of their product portfolios to gain an edge over other competitors. This is presumed to intensify the competition in the global market in the forthcoming years.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/surge-protection-devices-market-2773

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Battery Recycling Market Revenue Growth Predicted by 2021-2027

Market Analysis

Market Research Future (MRFR) projects the global battery recycling market size to reach USD 24.50 billion at a CAGR of 5.85% from 2020 to 2026 (forecast period).

Growing environmental concern around the world has made recycling used products a necessary task in order to meet the global demand of reducing humankind's carbon footprint in the long run. Other major factors driving the significant growth of the battery recycling market during the forecast period will be increasing concerns about depleting precious and rare earth metals, rising demand for recycled batteries in general, and stringent government regulations and EPA (Environmental Protection Agency) guidelines directed at minimizing harmful emissions and reducing global warming.

Growing concerns about battery waste disposal, as well as strict government policies in light of the increased use of lithium-ion batteries, are driving the growth of the battery recycling market. This increase in usage can be attributed to the decrease in lithium-ion battery prices as well as the growing adoption of electric vehicles, which rely heavily on this battery type. The toxic waste generated by the manufacturing of new batteries is much greater than the toxic waste generated by recycling them. That is one of the main reasons why many governments have enacted favorable regulations for this industry, and these regulations are expected to keep battery recycling market trends rising.

COVID-19 Impact on the Global Battery Recycling Market

The battery recycling market growth was hampered by widespread supply chain disruptions around the world and manufacturing processes that were hampered and/or suspended during the COVID-19 outbreak. Labor shortages, raw material scarcity, global trade stagnation, and subsequent delays in product installation in the market ecosystem have proven to be key difficulties that the industry will have to overcome. Delayed projects result in price increases, which further impede the battery recycling market outlook.

Market Segmentation

The global battery recycling market has been segmented into chemistry, application, and source.

By chemistry, the global battery recycling market has been segmented into lead-acid, nickel-based, lithium-based and others.

By application, the global battery recycling market has been segmented into transportation, consumer electronics, industrial and others.

By source, the global battery recycling market has been segmented into automotive batteries, industrial batteries and consumer & electronics appliance batteries.

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Key Players

Call2Recycle, Inc. (US), Battery Solutions, LLC (US), Exide Technologies (US), Umicore (Belgium), Exide Industries Ltd. (India), Contemporary Amperex Technology Co. Ltd. (CATL) (China), GEM Co., Ltd. (China), EnerSys (US), Johnson Controls International plc (US), Aqua Metals, Inc. (US), Retriev Technologies Inc. (US), Gravita India Limited (India), ECOBAT Logistics (UK), Fortum Oyj (Finland), Teck Resources Limited (Canada), American Manganese Inc. (Canada), Glencore International AG (Switzerland), TES-AMM Singapore Pte Ltd (Singapore), RSR Corporation (US), COM2 Recycling Solutions (US), East Penn Manufacturing Company, Inc. (US), The Doe Run Company (US), Raw Materials Company Inc. (RMC) (Canada), Neometals Ltd (Australia), Terrapure Environmental (Canada), Gopher Resource LLC (US).

Regional Analysis

Region-wise, the global battery recycling market has been segmented into North America, Asia Pacific, Europe, and the rest of the world.

During the forecast period, the Asia Pacific region will be seen leading the battery recycling market with the highest projected CAGR. The Asia Pacific battery recycling market will grow due to rising demand for electric vehicles and tightening environmental regulations in APAC countries. China, India, Japan, and South Korea will be the primary drivers of this market.

Summary

The global battery recycling market is set to reach USD 24.50 billion at a CAGR of 5.85% from 2020 to 2026 (forecast period). During the forecast year, global environmental awareness will drive global battery recycling market trends. While manufacturing batteries is a less expensive procedure than recycling them, the overall negative environmental impact of manufacturing them is driving governments to invest in recycling projects. Governments have implemented favorable regulations and policies to assist players in the battery recycling market, which will further expand the global battery recycling market share in the coming years.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/battery-recycling-market-10020

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Diesel Genset Market 2021 Trends, Research, Analysis & Review Forecast 2027

The diesel genset market is witnessing a continual rise. The market growth attributes to the growing demand for uninterrupted and reliable power supply. Besides, the increasing demand for energy and frequent power outages create substantial market demand. Moreover, frequent outages caused by natural calamities that can interrupt operations in industries, emergency services, homes, and commercial establishments, further escalate market growth.

According to Market Research Future (MRFR), the global diesel genset market is forecasted to grow at 5.07% CAGR during the forecast period (2019 to 2025). The significant shift towards diesel generators due to the increased usages of rental power propels the growth in the market. Also, the advantages of diesel gensets such as cost-effective and reliable power supply accelerate the demand in the market.

Additionally, the rising demand for ready-to-run yet highly customizable power solutions that can meet any power capacity requirement, irrespective of how demanding the project or operating conditions are, boost the market size. Furthermore, robust engines of diesel generators that can stand on reliability due to their simple design and ease of maintenance make these gensets perfectly suited to hot and dusty environments and for remote applications.

Their impressive load response allows customers to use a smaller and cost-effective package to power their needs. High engine efficiency, low operational cost, and more efficiency of diesel genset are some of the prominent driving forces. On the other hand, stringent regulations against CO2 emissions are a major factor projected to continue impeding market growth. Also, high noise and air pollution would continue to restrict market growth.

Nevertheless, new developments of high ambient cooling systems that ensure maintained performance even in the most extreme environments would support the market growth throughout the review period. Also, fuel mapping options for optimized fuel consumption for use in non-emissions regulated regions and low-NOx optimized emissions for use in mission-critical applications such as data centers enable the diesel gensets to be deployed globally without worry.

New engines come with a closed-loop regeneration crankcase ventilation system and rigid block, crankcase, and sub-frame, which is estimated to contribute to the market growth exponentially to reduce noise and vibration.

Industry/Innovation/ Related News:

December 01, 2020 ---- KOHLER-SDMO (France), an industrial generator manufacturer, launched a new diesel-powered generator sets, expanding the top end of its KD Series. The rollout of new models 4000kVA & 4500kVA (50Hz) and 3500kW & 4000kW (60Hz) is based on strong worldwide market response. These generators are equipped with the APM802 controller that ties the entire system together for a seamless customer experience.

Additionally, the generators are designed to deliver extreme durability and ultimate reliability in a variety of emergency and prime applications, expanding the limits of standby generator sets.

Global Diesel Genset Market – Segmentations

The report is segmented into five dynamics;

By Probability: Stationary and Portable.

By Power Rating: Up to 100 kVA, 100 kVA–350 kVA, 350 kVA–1,000 kVA and Above 1,000 kVA.

By Application: Standby, Peak Shaving, Continuous, and others.

By End Use      : Industrial, Commercial, and Residential.

By Regions       : Asia Pacific, Europe, Americas, and the Rest-of-the-World.

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Global Diesel Genset Market – Geographical Analysis

The Asia Pacific region dominates the global diesel genset market. The largest market share attributes to the growing demand for steady & reliable power supply, rising development in data centers, and the increasing oil & gas activities in the region. Besides, the massive availability of diesel in the region due to the rising production fosters the regional market's growth. Moreover, inexact government regulations for vehicle emission positively impact the growth in the regional market.

On the other hand, diesel genset markets in North America and Europe demonstrate sluggish growth, mainly due to stringent fuel mapping regulations. However, optimized emissions in non-emissions regulated regions in Europe, the USA, Canada, etc., support the market growth in these regions. Additionally, low-NOx optimized use in mission-critical segments like data centers enables the diesel generators to be deployed without worry. Also, the cost-effectiveness of diesel gensets boosts market growth, delivering top-of-the-line fuel consumption regardless of the calibration.

Global Diesel Genset Market - Competitive Landscape

Fiercely competitive, the diesel genset market is categorized by the presence of numerous well-established players. These players incorporate strategies such as mergers & acquisitions, collaboration, technology/product launch, and expansion. Promotions through trade exhibitions and product commercialization are the other key strategies adopted by these players. Manufacturers strive to develop their portfolio with high-quality gensets of different capabilities. They are committed to delivering reliable, leading-edge products and comprehensive after-sales support.

Major Players:

Players leading the global diesel genset market include Caterpillar (US), Cummins Inc. (US), Mitsubishi Heavy Industries, Ltd (Japan), Kohler Co. (US), Wärtsilä (Finland), Atlas Copco AB (Sweden), Yanmar Co. Ltd. (Japan), Rolls-Royce plc (UK), Kirloskar Electric Company (India), Generac Power Systems, Inc. (the US), JS Power (UK), General Electric (US), Sutton Power Engineering (UK), Ashok Leyland (India), and Denyo Co., Ltd (Japan), among others.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/diesel-genset-market-9541

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Marine Diesel Engine Market Analysis, Cost, Production Value, Price, Gross Margin and Competition Forecast to 2027

Overview

The marine diesel engine market is projected to grow at a CAGR of 3.83% during the forecast period. As per the marine diesel engine market research report, the global market for marine diesel engine is anticipated to grow rapidly by US$6,300 million by 2023. As per analysts, increased focused on energy efficient marine engine along with the growing seaborne trade will drive the market growth throughout the forecast period. The marine diesel engine market research report provides an in-depth analysis of the global marine diesel engine market and its speed, type, application, and stroke segments. The high cost as well as lack of developed infrastructure are the factors which could affect the marine diesel engine market growth during the forecast period. The marine diesel engine market research report by expert analysts is intended to help companies in the marine diesel engine market.

Market Segmentation

The global marine diesel engine market has been segmented based on speed, type, application, and stroke. On the basis of speed, the market for marine diesel engine is segmented based on low-speed, medium-speed and high-speed. Additionally, the market on the basis of type, is segmented into auxiliary and propulsion. The global market for marine diesel engine is also covered based on application segment which is further split into cargo ship, cruise ship and others . On the basis of stroke, the market for marine diesel engine is segmented based on 2-stroke and 4-stroke.

Key influences such as slow economic growth in certain areas could obstruct the marine diesel engine market growth. However, as per the marine diesel engine market research report, adoption of new maritime technologies as well as marine pollution control laws will drive growth during the forecast period. These key growth factors will help support the marine diesel engine market growth at a high CAGR. The segmental analysis of speed, type, application, and stroke segments as well as regional market analysis has been presented in the global marine diesel engine market research report. Analysts studying the marine diesel engine market have presented projections in the marine diesel engine market research report assisting marine diesel engine market-based companies in numerous ways. The marine diesel engine market research report offers crucial details about the marine diesel engine market based on the data and forecasts till 2023.

Competitive Landscape

Modernization of ships and introduction of new maritime safety policies are expected to accelerate the marine diesel engine market growth worldwide. The global marine diesel engine market is set to witness challenges including lack of aewareness, however, companies in the marine diesel engine market will sustain the growth rate. The marine diesel engine market research report also offers company profiles of key players operating in the marine diesel engine market around the world. Additionally, the global marine diesel engine market report provides detailed analysis of the market based on primary and secondary research data collected from the marine diesel engine market’s key decision makers as well as stakeholders. The marine diesel engine market research report covers all such factors assisting companies in the marine diesel engine market to improve their plans and portfolio.

Read PR @ https://www.marketresearchfuture.com/press-release/marine-diesel-engine-market

Industry News

Diesel Outboards, LLC is pleased to report that Scott Marine Power is a South Florida-led pioneer in the selling and service of marine diesel engines and the world's largest supplier of diesel engines in Florida. In its work on yacht reparing services from Florida, to the Caribbean and to South and Central America, Scott Marine Power has developed a reputation for expertise and experience in the Diesel Marine industry from 1998.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for marine diesel engine are primarily covered in the global marine diesel engine market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level marine diesel engine markets are covered in the report. In Asia-Pacific (APAC) region, the country-level marine diesel engine markets covered are China, India, Japan, and others. The marine diesel engine market research report also covers the regional market for marine diesel engine spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The marine diesel engine market research report further explores other regional markets from the rest of the world including marine diesel engine markets of the Middle East and Africa. As per the global marine diesel engine market research report.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/marine-diesel-engine-market-7662

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Cryogenic Pump Market Analysis, Cost, Production Value, Price, Gross Margin and Competition Forecast to 2027

Market Analysis

The global cryogenic pumps market size is predicted to develop at a 4.02% CAGR between 2017- 2024, states the recent Market Research Future (MRFR) analysis. Cryogenic pumps, simply put, are vacuum pumps that help to capture gases via condensing the same on cold surfaces that is at low temperature. Positive displacement and centrifugal are its different types that have wide applications in electronics, metallurgy, chemicals, energy and power, and others.

Various factors are propelling the global cryogenic pumps market share. According to the recent MRFR report, such factors include the increasing use of gases across bioscience and healthcare facilities, growing investments in energy and power, rising investments in oil and gas and electrical and electronics segment, growing adoption of such pumps in the metallurgy sector, demand for LNG based power generation, growing use of oil tankers for transportation in the shipbuilding industry, demand for liquid gases, and growth of medical gases to diagnose and treat different respiratory diseases like cardiovascular, asthma, and others.

On the contrary, the impact of the current COVID-19 pandemic and the fall in steel production are factors that may limit the global cryogenic pumps market growth over the forecast period.

Regional Analysis

By region, the global cryogenic pumps market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. Of these, the APAC region will spearhead the market over the forecast period. Industrial development in Malaysia, India, China, and other Southeast Asian countries, growing energy need, rapid urbanization, focus on renewable generation, focus on eco-friendly sources of fuel like LNG to reduce carbon emissions, and growing demand in different end use industries such as metallurgy, processing, and manufacturing are adding to the global cryogenic pumps market growth in the region.

In Europe, the global cryogenic pumps market is predicted to hold the second-largest share over the forecast period for the shift in focus towards eco-friendly sources of fuel like LNG to reduce carbon emissions and strong growth in the healthcare and food & beverage industry. Spain, Italy, and France have the utmost share in the market for the growing oil and gas, metallurgy, and petrochemicals industry.  

In North America, the global cryogenic pumps market is predicted to have healthy growth over the forecast period for the rising application in the industrial sector and the vast potential of LNG.

In the MEA, the global cryogenic pumps market is predicted to have sound growth over the forecast period for the increasing investments in petrochemical and oil & gas industries.

In South America, the global cryogenic pumps market is predicted to have steady growth over the forecast period.

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Key Players

Key contenders profiled in the global cryogenic pump market report include Technex Limited (India), Ruhrpumpen Inc. (Mexico), PHPK Technologies Inc. (US), Nikkiso Cryo Inc. (US), Cryostar SAS (France), Cryoquip Australia, Brooks Automation (US), Fives S.A. (France), Sumitomo Heavy Industries (Japan), Flowserve Corporation (US), and Ebara Corporation (Japan).

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global cryogenic pumps market based on type, gas, and end use.

By type, the global cryogenic pumps market is segmented into positive displacement and centrifugal. Of these, the positive displacement type segment that will lead the market over the forecast period.

By gas, the global cryogenic pumps market is segmented into LNG, argon, oxygen, and nitrogen. Of these, the LNG gas segment will dominate the market over the forecast period.

By end use, the global cryogenic pumps market is segmented into electronics, metallurgy, chemicals, energy and power, and others. Of these, energy and power end use segment will spearhead the market over the forecast period.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/cryogenic-pump-market-7567

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Pumps Market Applications, Outstanding Growth, Market status and Business Opportunities

Market Highlights

Pumps are basically classified into two categories, namely, positive displacement and dynamic pumps. Positive displacement pumps are further classified intro two types, namely, reciprocating and rotary. Dynamic pumps are of two type, namely, centrifugal and special effect pumps. Centrifugal pumps are used to transport liquid with large volume and substantial pressure head and are largely utilized for water, wastewater, and industrial liquid transportation in the power, steel, and domestic sectors.

Based on end-user, the market is segmented as oil & gas, water & wastewater, power generation, chemicals, pharmaceutical, food & beverage, and others. Water & wastewater segment is estimated to dominate the market during the forecast period. Water & wastewater segment is estimated to dominate the market during the forecast period due to rising investment in waste water industry across the globe. The awareness level of water reuse has increased due to the decreasing level of groundwater globally. Industrial sector consumes a large volume of water, and due to depleting reserves of groundwater, the reuse of water has become essential.

The global Pumps market is expected to grow at ~ 4.70% CAGR during the forecast period.

Key Players

The key players of the global pumps market are Grundfos (Denmark), Sulzer (Switzerland), Flowserve (US), ITT Corporation (US), Danfoss (Denmark), Ingersoll-Rand (Ireland), The Weir Group (UK), Ebara Corp (Japan), KSB (Germany), Schlumberger (US), Nikkiso Co Ltd (Japan), Wilo AG (Germany), and Roper Industries (US), among others.

Market Research Analysis

Asia Pacific accounts for the largest market for pumps.

Region wise, Asia Pacific held the largest market share of the global Pumps market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment infrastructure development. Moreover, the increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for pumps in Asia Pacific region.

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Scope of the Report

This report provides an in-depth analysis of the global Pumps market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Pumps market by its type, end-user, and by region. By Type

Positive Displacement

Reciprocating

Rotary

Dynamic

Centriugal

Special Effect

By End-User

Oil & Gas

Water & Wastewater

Power Generation

Chemicals

Food & Beverage

Pharmaceutical

By Regions

North America

Asia-Pacific

Europe

Middle East & Africa

South America

Browse Complete Report @ https://www.marketresearchfuture.com/reports/pumps-market-7423

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Industrial Gearbox Market 2021 Trends, Research, Analysis & Review Forecast 2027

Market Analysis

The industrial gearbox market is predicted to develop at a 4.34% CAGR between 2017- 2024, states the new Market Research Future (MRFR) analysis. An industrial gearbox, simply put, is a mechanical process for transferring power or energy between process units, machinery, and automation systems. It is placed at the junction of the power shaft and the motor.

Various factors are propelling the global industrial gearbox market share. According to the recent MRFR report, such factors include the growing need for efficient energy gearbox & clean energy sources, increasing automation in manufacturing technology, increasing adoption of industrial automation, technological advances in industrial sectors and robotics, and increasing disposable income. Additional factors adding market growth include growing investments in renewable power generation, demand for wind power, and increasing use of automation in the manufacturing sector.

On the contrary, the slowdown of major economies, technical challenges, high device cost, and the on-going COVID-19 impact are factors which may limit the global industrial gearbox market growth over the forecast period.

Regional Analysis

Based on the region, the global industrial gearbox market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Middle East and Africa (MEA). Of these, North America will spearhead the market over the forecast period. Growth in industrial automation, the booming construction industry, especially in developing nations, and increasing technological advances are adding to the global industrial gearbox market growth in the region.

The global industrial gearbox market in the APAC region is predicted to grow at a fast pace over the forecast period. Huge investments made by private organizations and government in material handling, metal and mining, construction, and wind power, constant investments made in developing automation in India, China, and Japan, rising installation of wind power, and growing automation in manufacturing industries are adding to the global industrial gearbox market growth in the region.

The global industrial gearbox market in Europe is predicted to have notable growth over the forecast period. On-going advances in technology, growing adoption of artificial intelligence robots to reduce labor expenses, growing scope of applications, high sophistication level, and increasing focus to improve production efficiency are adding to the global industrial gearbox market growth in the region.

The global industrial gearbox market in the MEA is predicted to have steady growth over the forecast period.

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Key Players

Eminent contenders profiled in the global industrial gearbox market report include Eickhoff Antriebstechnik GmbH (Germany), Sumitomo Heavy Industries, Ltd (Japan), Zollern GmbH & Co. KG (Germany), Renk AG (Germany), Wikov Industry A.S. (Czech Republic), Rexnord Corporation (US), Nidec-Shimpo Corporation (US), General Electric (US), Nanjing High Speed & Accurate Gear Group Co., Ltd (China), Sew-Eurodrive (Germany), Emerson Electric Co (US), Schneider Electric (France), ABB (Switzerland), and Siemens (Germany).

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global industrial gearbox market based on industry, torque, size, design, and type.

By type, the global industrial gearbox market is segmented into spur, worm, bevel, planetary, helical, and others. Of these, the helical type segment will lead the market over the forecast period.

By design, the global industrial gearbox market is segmented into angle axis, parallel axis, and others. Of these, the parallel design segment will dominate the market over the forecast period.

By size, the global industrial gearbox market is segmented into large (above 1 MW) and small (up to 55 KW).

By torque, the global industrial gearbox market is segmented into above 50,000 Nm and up to 50,000 Nm.

By industry, the global industrial gearbox market is segmented into marine, power generation, construction, material handling, wind power, and others. Of these, the wind power segment will have a major share in the market over the forecast period.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/industrial-gearbox-market-7272

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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[wekomal18]

Solar Water Heater Market - Greater Growth Rate during forecast 2021 - 2027

Market Highlights:

The global solar water heater market is expected to grow at ~ 8.50% CAGR during the forecast period.

Solar water heater is a device which provides hot water for industrial, commercial, and residential applications. A solar water heater comprises an array of collectors to collect and store solar energy. There are mainly three types of solar collectors that are used in residential applications such as flat-plate collector, evacuated tube collector, and unglazed water collector. Solar water heater is majorly used to save energy bills. Moreover, the domestic and commercial consumers are entitled to claim renewable heat incentive for generating heat energy.    

Based on application, the market is segmented as residential, commercial, and industrial. Residential segment is estimated to dominate the market during the forecast period due to the increasing demand for energy efficient water heater and rising investment in construction activities. The installation is majorly taking place in Europe, North America, and Asia Pacific. Considering the type, the market is segmented as pumped and thermosyphon. Thermosyphon accounts for largest share in the solar water heater market due to affordable pricing and convenient usage.  

Key Players: The key players of the global solar water heater market are Rheem Manufacturing (US), A.O.Smith (US), SunTank (South Africa), Bradford White Corporation (US), Bosch (Germany), Honeywell Corporation (US),  Racold (India), Alternate energy Technologies (US), Viessmann Manufacturing (US), and Wagner Solar (UK), among others.

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Market Research Analysis:

Asia Pacific accounts for the largest market share in the Solar Water Heater Market Region wise, Asia Pacific held the largest market share of the global solar water heater market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment in renewable energy sources and high demand for solar water heaters by the residential and commercial complexes. The solar water heater market would be mainly driven by the favorable government regulations against greenhouse gas emissions.

Scope of the Report This report provides an in-depth analysis of the global solar water heater market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the solar water heater market by its type, collector type, application, and by region.

By Type

Pumped

Thermosyphon

By Collector Type

Evacuated Tube Collector

Flat Plate Collector

Unglazed Water Collector

By Application

Residential

Commercial

Industrial

By Regions

North America

Asia-Pacific

Europe

Middle East & Africa

South Africa

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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[wekomal18]

Electric Traction Motor Market Applications, Outstanding Growth, Market status and Business Opportunities

Market Overview

Electric traction motors are used for vehicles or systems which are electronically powered. They have high torques, which helps in providing the required propulsion when a system starts to move. As the demand for cleaner transportation increase, the demands for such motors is also increasing. The major industry using electric propulsion motors is the railways, due to high investments in structural expansions and demands for efficient alternates. Also, the rising environmental concerns regarding carbon emissions have provided an essential boost to this market and will keep it driving to longer durations.

Compared to alternates, these motors require less maintenance, which makes them efficient in terms of costs. After observing the features of electric traction motors, the authorities are now emphasizing the use of cleaner and efficient substitutes for which they are readily investing in advancing the railways and other public transportation. Also, the rise in crude oil prices and increasing pollution levels have provided an essential boost to this market.

Apart from the uses and features, the global electric traction market is facing challenges against the unstable raw material prices and high prices of the motor, which has restrained the market growth. This report will shed light on the competition, opportunities, drivers & restraints, and other factors affecting the local and global electric traction motor market. The global market is anticipated to register approximately a 19 % annual growth during this period.

Regional Classification

Electric traction motor has gained global adoption worldwide due to the rapid rise in pollution levels, an increase in government initiatives, and demands for better alternates. The Asia Pacific, North America, Europe, and the rest of the world are the major market studies for the global electric traction motor market. The Asia Pacific region is leading the market due to the vast population covers, demands for better alternatives, rapidly expanding automotive industry, expanding railway network, rise in per capita incomes, rapid urbanization, and other factors. The rapidly developing economies of this region, like China, India, and Japan, are among the major contributors to this market and will provide endless opportunities in the future.

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Industry News

The global electric traction motor market has become prominent recently as the demands for better alternates are increasing. The railways and 200 KW power rating segments will lead the market with the highest growth rates. The global market is led by the Asia Pacific region and will stay at the top with rapidly developing economies like China, India, and Japan among the major contributors.

Market Division

The global electric traction motor market is segmented into classes as follows:

The global electric traction motor market is segmented by alternating current (AC) and direct current (DC) based on the battery types.

The global electric traction motor market is characterized by 200 KW, 200 KW to 400 KW, and more than 400 KW based on battery power rating.

Based on applications, the global electric traction motor market is segmented among railways, elevators, machinery, electric vehicles (EVs), and others.

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

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Email: [email protected]

[wekomal18]

Digital Oilfield Market Analysis, Cost, Production Value, Price, Gross Margin and Competition Forecast to 2027

Market Overview

In this digitally sound world, the demands for technologically advanced techniques are increasing the lightning speeds. Similarly, the oil & gas industries are also upgrading their systems, which boost the digital oilfield market. This market includes advanced software powered systems that are helpful in effective data analysis and storage. Digitally empowered systems are capable of increasing productivity, efficiency, and profit for the market players. With the increasing digitalization, data production has also increased, which has surged the demand for better data processing units to separate the data from big data.

This technology is a combination of artificial intelligence (AI) and sensors, which helps monitor and real-time assistance of several conditions. One of the primary factors empowering this market is the rising needs for remote management, as the large transmission lines require real-time surveillance to ensure safety from any unexpected disaster. The digitalization of oilfields has helped decrease the expenditures, as it requires a limited workforce and potential dangers from human-related errors.

Apart from the uses and features, the global digital oilfield market is vulnerable to cyber-attacks as it is a software-powered system, which is hindering the global market with the rising breach incidents. This report will shed light on the competition, opportunities, drivers & restraints, and other factors affecting the local and global digital oilfield market. The global market is expected to register nearly a 06 % annual growth rate during the survey.

Industry News

The global digital oilfield market has gained pace recently due to increasing demands for effective monitoring activities in supplies and drilling activities. This market has helped the oil & gas industry increase profits and save them from any untimely accidents. The global market is led by the North American region and will stay at the top during this period. The production sector will be the leading segment in this market.

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Regional Classification

The digital oilfield has gained global adoption due to the rapid increase in offshore resource exploration activities and demands for effective surveillance systems. The Asia Pacific, North America, Europe, and the rest of the world are the major market studied for the global digital oilfield market. The North American region is leading the market due to the rapidly expanding oil & gas industry, increasing research & development activities, presence of key market players, vast population, rising awareness, demands for advanced alternatives, increasing exports, and other factors. The Asia Pacific region follows this region due to the expanding automotive industry, vast population covers, rise in disposable incomes, rapid urbanization, and other factors with rapidly developing regions like India and China among the major stakeholders.

Market division

The global digital oilfield market is segmented into classes as follows:

The global digital oilfield market is segmented into hardware, software, services, and storage based on types of solutions.

The global digital oilfield market is segmented into production optimization, reservoir optimization, drilling optimization, and others based on types of process.

Based on applications, the global digital oilfield market is segmented into offshore and onshore activities.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/digital-oilfield-market-6784

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

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Email: [email protected]

[wekomal18]

Transformer Market Review, Future Growth, Key Findings and Company Profiles

Market Scenario

Market Research Future (MRFR), in its latest transformer market 2020, reveals different governing factors of the market. An in-depth study of the impact of COVID 19 on the transformer market is supplemented with the report. As per MRFR study, the expansion of the transformer market can thrive at 7.43% CAGR across the forecast period. The increase in the transformer market value from USD 39,316.8 Million to USD 64,514.9 Million from 2017 to 2023 is observed. The rise in application of transformer in diverse subject area can bolster the rise of the market across the analysis period. The increase in need for distribution transformer and power transformer can promote the expansion of the transformer market across the analysis period. The increase in the application of transformer in renewable and non-renewable energy market can support the expansion of the market across the analysis period. In recent years, the rise in the need for effective distribution of electricity power via reduction of current ampere and surge in voltage can impel the expansion of the market in the years ahead. The increase in the power supply to end-user can also impel the rise of the market across the study period.

Regional Analysis

The transformer market trends are studied across Americas, EU, APAC, and MEA. In America, the robust economies can rise support the rise of the regional market. The presence of high generating capacity via high investments in resources of renewable energy can spur the expansion of the market in the years ahead. In EU, the rise of the transformer market is attributed to the presence of numerous scope in the electrical sector. The growing grid expansion, along with expansion of electrical lines, cross-border can drive the rise of the market in the years to come. In Asia Pacific, the rise of modernization and improvement in the existing distribution infrastructure can promote the rise of the transformer market across the years to come, states MRFR analysis.

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Key Players

Crompton Greaves Ltd. (India), Mitsubishi Electric Corporation (Japan), Eaton Corporation plc (Ireland), ABB Ltd., (Switzerland), Schneider Electric (France), Siemens AG (Germany), Toshiba Corporation (Japan), Hyosung Power & Industrial Solutions (South Korea), Bharat Heavy Electricals Limited (India), and SPX Transformer Solutions, Inc. (U.S.) are some notable players in the transformer global market as profiled by MRFR.

Segment Study

The segment evaluation of transformer global market is based on power rating, cooling type, end-user, and type, insulation.

The cooling type based segments of the transformer market are Oil-Cooled Transformer and air cooled transformer. The oil cooled transformer segment can garner USD 22,493.1 million revenue at 7.68% CAGR in the forecast period.

The power rating based segments of the transformer market are small, medium, and large. The Small Power segment can generate about USD 17,881.3 million at 7.57% CAGR across the forecast period.

The type based segments of the transformer market are distribution transformer and power transformer. The power transformation segment can rise at 8.55% CAGR in the forecast period and value at USD 19,540.5 million in the years to come.

The insulation based segment of the transformer market are dry typed and liquid immersed. The Liquid-Immersed segment can thrive at 7.61% CAGR through the analysis period. The segment can value at USD 23,039.7 Mn by the end of the review analysis.

The End-User based segments of the transformer market are industrial, residential, utility, and industrial. The utility segment can expand at 7.79% CAGR in the study period. The utility segment can generate USD 16,938.5 million in the review period.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/transformer-market-5982

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

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Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Solar PV Tracker Market Analysis, Share, Size, Trends, Industry Growth, Segments and Forecasts to 2027

Market Scenario

The report published on the solar PV tracker market by Market Research Future (MRFR), sheds light on the influence of coronavirus on the market and other factors that impact the market dynamics. As per MRFR study, the world solar PV system market can rise at 18% CAGR in the study period (2017 to 2023). The rise of the solar PV tracker market can be credited to the rise in the installation of solar power systems in different regions.

The growing desirability of solar PV trackers to meet the rise in energy requirement can promote the adoption of the solar PV tracker market across the globe. Advantages offered by solar PV tracker, such as improved feed-in-tariff rates and cost cutting can promote the expansion of the market. The rapid replacement of conventional power generation sources by solar PV tracker system can impel the expansion of the market. Solar PV tracker offers extra efficiency of about 15% to 30% in operations. This can improve the impetus of the world solar PV tracker market.

On the downside, the high installation price and maintenance expense can limit the expansion of the market. In recent times, the growing preference for effective solutions over considering the expense criteria while making purchase decision can counter the market slow-down in the years to come.

Key Players

MRFR recognized some reputed solar PV tracker marketers. They are; Arctech Solar (India), Convert Italia (Italy), Exosun (U.S.), First Solar (U.S.),   SunLink (U.S.), Ideematec (Germany), NClave (Spain),  Grupo Clavijo (Spain), PV Hardware (U.S.), Mahindra Susten (India), Solar Steel(Spain), NEXTracker (U.S.),  Sun Action Trackers (U.S.), Scorpius Trackers (India), Soltec(U.S.), STi Norland (Spain), and SunPower (U.S.).

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Segmental Outline

The segment study of the solar PV tracker market is based on power generation type, tracking control systems type, end-use industries, and tracking system type.

The dive system based segments of solar PV tracker market are active and passive. The power generation type based solar PV tracker market segments are concentrated solar thermal, solar PV, and CSP. The CSP segment can gain high traction for the market. The CSP segments are dish or engine type, linear Fresnel, and power towers. Concentrated solar thermal systems are observed to experience high desirability due to its efficacy in settling domestic water heating and in the generation of steam requirements. The tracking systems type based, solar PV tracker market segments are dual axis tracking systems, single axis, and fixed tilt. The dual axis tracking systems segment can dominate the market in the assessment period, as applications of dual axis tracking systems rise. The large scale installation of active tracking systems can propel the solar PV tracker market.

Regional Analysis

The flourishing energy industry in the Asia Pacific is expected to generate numerous growth opportunities for the solar PV tracker market. The decline in natural energy resources, such as oil and coal, and other fossil fuel is generating tremendous growth scope, as the need for alternative source of energy increases. The increase in solar PV systems demand in the APAC region can support the expansion of the market here. In the North America region, the solar PV market is likely to experience a fast-pace expansion in the years to come. Technological advances in this region are likely to back the rise of the solar PV tracker market in North America. The high installations of solar PV systems can promote the expansion of the market in the region. In Europe, the expansion of the solar PV tracker can be attribute to the presence of robust energy supporting infrastructure in the region.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/solar-pv-tracker-market-5874

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

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[phone]

Email: [email protected]

[wekomal18]

Blockchain in Energy Market - Greater Growth Rate during forecast 2021 - 2027

Market Insights

Market Research Future said a surge in the digitization of systems in prime regions has helped global blockchain in the energy market is pushing net profit from USD 180.3 Mn in 2017 to more than USD 5,000 Mn by 2023 with the higher growth rate. The entire study has been conducted amidst Coronavirus that has shut down the world economy. Like other industries, the global blockchain in the energy market has also been impacted due to deadly virus outspread. Yet, with some prevalent factors, the market is foreseeing a fruitful future, which is calculated to be from 2016-2023.

Segment Review

The blockchain in energy market assessment based on technology type covers closed blockchain, open blockchain, hybrid blockchain and consortium blockchain.

By the segment of platform type, market analysis has included hyper ledger, ethereum, interbit and tender mint.

By the segment of implementation type, key segments included are development platforms, service & solution, and industry-specific.

End-use industries segment in the market included renewable energy, power & utilities, and oil & gas.

By application segment, the market covers energy trading, grid management, payment schemes, control & security, logistics and supply chain.

Regional Framework

The U.S. blockchain in the energy market is probable to observe the growth of over USD 400 million by 2025. The potential to transform the fundamental structure of the energy industry and microgrids to assist peer in peering energy trading in an immutable and secure way will persuade the product installation. In the case of point, the Brooklyn Microgrid was introduced in 2016 that aimed towards enabling residents to buy and sell power straight through maintaining a secure ledger of energy asset possession.

The market in Germany is likely to expand at a fast pace owing to the rising complication in power and shifting focus toward the adoption of smart grids. As per the European Commission, currently, 308 smart grid projects are holding an investment of USD 2.43 billion. Moreover, rising investment from energy start-up companies, along with upward funding activities, will strengthen the industry landscape. In fact, Government incentives toward the adoption of renewable power generation accompanied by favourable regulatory policies to promote the technology adoption are also set to augment the product installation.

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Vendors Landscape

Global Blockchain in the energy market and its vendors’ list contains the names of WePower UAB, Power Ledger Pty Ltd, Grid +, LO3 Energy, Inc,  The Sun Exchange (Pty) Ltd, BTL Group Ltd., Enosi Foundation and Electron (Chaddenwych Services Limited) and Conjoule GmbH.

Blockchain in Energy Growth & Drivers

Positive outlook toward digitization of systems with the rising fixing of smart meters in regions is set to encourage the blockchain in the energy market. Decentralized energy systems, besides widespread adoption of smart management & control systems to execute advanced communication are also probable to complement the industry outlook in the future.

MRFR also finds that rapid development in the Renewable Energy Sources (RES) owing to the privatization of the energy sector together with government initiatives for electricity conservation is actively augmenting the product installation at a faster rate. In the case of point, in the year 2018, RES contributed 40% of the total electricity production in Germany that boosted the blockchain in the energy market to a great extent.

To add further, the increasing focus toward energy utilities in exploring hidden benefits of the technology for low-carbon transition and sustainability is also reported to stimulate the blockchain in the energy market. Reducing dependency on fossil fuels coupled with rising independence of local grid from outside energy sources in the long term, is probable to motivate the industry scenario. In fact, stupendous investment in numerous innovative projects ranging from solar systems for electric vehicles charging & e-mobility has been outstandingly boosting the adoption of blockchain in the energy market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/blockchain-in-energy-market-5814

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

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Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Combined Heat And Power Market 2021 – Industry Trends and Forecast to 2027

Overview

The combined heat and power (CHP) market is anticipated to grow rapidly growing at a CAGR of 6.94% during the forecast period 2017 to 2023. The global combined heat and power (CHP) market is driven by increasing deployment of combined heat and power (CHP) technologies and positive indications from governments. These factors have helped shape the combined heat and power (CHP) market and are expected to boost the growth. Companies in the combined heat and power market could also face challenges such as need for both hot water and electricity at production sites. The details covered in the combined heat and power (CHP) market report cover all the aspects of the industry. Analysts studying the combined heat and power (CHP) market have also shared growth projections in the report and have suggested combined heat and power (CHP) market players to plan business strategies accordingly.

Market Segmentation

The global combined heat and power (CHP) market has been segmented based on fuel, technology, application, and type. On the basis of fuel, the market for combined heat and power (CHP) is segmented based on natural gas, coal, biomass and others. Additionally, the market on the basis of technology, is segmented into combined cycle, steam turbine, gas turbine and others. The global market for combined heat and power (CHP) is also covered based on the application segment which is further split into large scale and small scale. On the basis of type, the market for combined heat and power (CHP) is segmented based on residential, commercial and industrial.

Factors like growing awareness about CHP as well as need for energy efficiency support the combined heat and power (CHP) market growth. The performance of the combined heat and power (CHP) market has also been studied for the past and current years. Additionally, the combined heat and power (CHP) market report provides analysis of these segments. The combined heat and power (CHP) market segmental analysis provided in the report offers major details about the combined heat and power (CHP) market based on the data and forecasts till 2023.

Read PR @ https://www.marketresearchfuture.com/press-release/combined-heat-power-market

Competitive Landscape

The combined heat and power (CHP) market is supported by government incentives to promote cogeneration. The population growth around the world and increasing demand of combined heat and power (CHP) market based services and products also support the market growth. However, the combined heat and power (CHP) market growth can be affected due to restricted production process. The report covers all such details which will help companies in the combined heat and power (CHP) market to strengthen their business plan and improve their product portfolio. The combined heat and power (CHP) market research report also provides company profiles of major companies. The company profiles of many organizations operating in the combined heat and power (CHP) market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the combined heat and power (CHP) market. New companies and established businesses can plan their strategies based on this data provided in the combined heat and power (CHP) market research report.

Regional Overview

Companies in the combined heat and power (CHP) market are spread across the world. The combined heat and power (CHP) market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American combined heat and power (CHP) market has many companies across the United States, Canada, and Mexico. The combined heat and power (CHP) market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the combined heat and power (CHP) market can be found in the market research report. Europe has companies in the combined heat and power (CHP) market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the combined heat and power (CHP) market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Industry News

New Fortress Energy (NFE) has signed a consent solicitation to acquire Hygo Energy Transformation (Golar Power) and Golar LNG Partners (GMLP) as Brazil's largest gas-to-energy group. Hygo is estimated at US$3.1 billion in corporate capital and US$2.18 billion in equity, while Golar LNG is valued at US$1.9 billion in corporate value and US$251 billion in common equity.

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

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Maharashtra, India

[phone]

Email: [email protected]

[wekomal18]

Motor Control Centers Market Set for Massive Progress in the Nearby Future

Motor Control Centers Market -Overview

The burgeoning need for reliable electric supply is expected to bolster the motor control center market 2020. The industrial motors, pumps, and control devices reports are produced by Market Research Future, which contains market alternatives for progress. A CAGR of 5.95% is projected to lead the charge for expansion in the forecast period.

The investment in transmission & distribution networks is estimated to enhance the development of the motor control market in the impending period. Moreover, the concentrated efforts by the global governments towards emerging safe electrical infrastructure are projected to create rewarding prospects for expansion in the upcoming years. The ramped-up development in grid infrastructure is anticipated to be another key factor motivating the motor control market share.

Detailed Regional Analysis

The regional review of the motor control market includes regions such as Asia Pacific, Europe, North America and the rest of regions in the market. The region of Asia Pacific is the principal motor control market. The speedy urbanization, industrialization, and quick economic development in countries such as India, will motivate the motor control centres market. The intensification in the growth of industrial expansion across the globe heading to the extensive use of small and medium voltage motor control centres is projected to transform the development of the APAC regional market for motor control market in the near future. The global market for motor control is estimated to perceive a sharp rise and fall in material expenses and original product advance across conventional motor control centres and the combination of these factors is estimated to confine the expansion of the motor control centres market.

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The capability of contenders to influence change in the market is increasing at a stable rate in the impending period. The support from government bodies around the world is rising because the market needs an extra stimulus to achieve normalcy in such a scenario. The disharmony in the forces of demand and supply is estimated to create a slow growth background in the market. The emphasis on innovation is estimated to rise in the coming years, as the consumer needs have to be addressed in a better manner to ensure the resurgence of the global market. Also, the need to encourage business to include the environmental impact of their decisions is estimated to shape the development of the market in future. The need to mitigate losses sustained by the current public health crisis is estimated to be the sole focus of the market contenders in the upcoming years. Furthermore, the need to adopt a rapid and cost-effective method of operation is estimated to shape the market in the impending period.

The important companies in the motor control centres market are Siemens AG (Germany), Larsen & Toubro Limited (India), ABB, Ltd. (Switzerland), Schneider Electric S.E. (France), General Electric (U.S.), Hyosung Corporation (South Korea), Technical Control Systems Ltd. (U.K), Rockwell Automation (U.S.), Mitsubishi Electric Corporation (Japan), and WEG S.A. (Brazil).

Segmental Analysis

The segmental assessment of the motor control market is conducted on the basis of voltage, component, type, end-user and region. Based on the types, the motor control market is segmented into intelligent motor control centers and conventional motor control centres. On the basis of voltage, the motor control market is divided into medium voltage and low voltage. Based on the component, the motor control market is segmented into circuit breakers & fuses, busbars, overload relays, soft starters, variable speed drives, and others.  Based on the end-user, the motor control market is segmented into commercial, industrial, and utilities. Based on the regions, the motor control market is segmented into Asia Pacific, Europe, North America and the rest of regions in the market.

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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Gas Turbine Market Comprehensive Analysis, Global Trends and Forecast by Regions

Market Analysis

Market Research Future (MRFR) predicts the global gas turbine market to register a 4.80% CAGR from 2016 to 2023 (forecast period).

A gas turbine is a combustion engine that transforms natural gas or other liquids into mechanical energy. This energy then fuels the generator that generates electrical energy. Gas turbines have various benefits, such as high power to weight ratio, low operating pressure, and lower than most reciprocating engines of the same power rating. Turbines play an important part in the reduction of carbon emissions. Compared to other combustion-based power generation applications, they show lower emissions. Global electricity demand is anticipated to rise by almost one-third of current demand in the coming years. Major gas-producing regions, like the Middle East, the U.S., and Russia, are experiencing a major revamp in their electricity generation infrastructure to actively pursue gas-based power generation. These changes will boost the market for gas turbines along with the need to minimize carbon emissions.

The availability of large quantities of natural gas, combined with relatively lower prices, in particular in North America, Thailand, and China, has led to a rise in power generation using a gas turbine. For example, as per EIA, natural gas demand and supply averaged 93.4 billion cubic feet per day in the first half of 2018, which is 12% higher than demand in the first half of 2017.

The global gas turbine industry is expected to rise at a high rate during the forecast period, mainly due to the strict emission requirements for gas turbine and shale gas production boom. According to EIA, the rapid pace of technological progress in the oil and gas sector will result in an increase in growing per well recoveries and an increase in the production of shale gas. As stated by EIA, the share of natural gas will increase from 34% in 2018 to 39% by 2050 due to growth in drilling activities. Thus, the rise in the production of natural gas would put downward pressure on the prices of natural gas, which would lead to an increase in the share of electricity produced by natural gas. This is expected to spur the market growth of gas turbines globally.

Competitive Landscape

Ongoing mergers and acquisitions, together with rising R&D spending in product durability, efficiency, and versatility by major manufacturers, will complement the industry's scenario.

Notable players in the global gas turbine market are General Electric (U.S.), Siemens (Germany), Kawasaki Heavy Industries, Ltd. (Japan), Mitsubishi Heavy Industries Ltd. (Japan), Alstom S.A (France), Bharat Heavy Electricals Limited. (India), Harbin Electric Company Limited. (China), Ansaldo Energia, (Italy), Vericor Power Systems. (Georgia), Rolls-Royce Holdings plc. (U.K), MAN Diesel & Turbo. (Germany), and Solar Turbines Incorporated. (U.S.A).

COVID -19 Impact on the Gas Turbine Market

The industry is predicted to experience a mild downturn due to the worldwide outbreak of a new coronavirus pandemic. Manufacturing activities are at a standstill due to labor shortages. This has contributed to a major decline in demand from the end-use industries.

Regional Analysis

Region-wise, the global gas turbine market has been segmented into Europe, North America, Asia Pacific, and the rest of the world.

APAC to lead the global market

The Asia Pacific region is the largest gas turbine market. Rapid industrialization, urbanization, and strong economic growth in countries such as India and China will drive the gas turbine industry.

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Market Segmentation

The global gas turbine market has been segmented based on capacity, technology, and application.

Based on capacity, the global gas turbine market has been segmented into up to 200 MW and above 200 MW.

Based on technology, the global gas turbine market has been segmented into open cycle and combined cycle. The open cycle segment is propelled by factors such as lower warm-up time, lightweight, compact size, operational versatility, quick start, and less dependency on cooling water.

Based on application, the global gas turbine market has been segmented into power generation, industrial, and aviation. Power generation is estimated to be the largest market during the forecast period due to growing energy demand coupled with positive regulatory towards the integration of sustainable energy infrastructure.

Summary

The global gas turbine market is expected to register a 4.80% CAGR from 2016 to 2023 (forecast period). Global electricity demand is increasing and has doubled over the last two decades. It is expected to rise at twice the rate of energy demand as a whole over the next 25 years. Moreover, the development of technology leading to an increase in the production of shale gas, along with the proposals of various countries to phase out coal-based power generation and substitute it with a gas-fired power plant, is likely to serve as a driver for the market.

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

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Email: [email protected]

[wekomal18]

Diesel Generator Market Analysis, Share, Size, Trends, Industry Growth, Segments and Forecasts to 2027

Overview

The diesel generator market is anticipated to grow rapidly at a CAGR of 5.39% during the forecast period. The global diesel generator market is driven by increasing power outages as well as growth in the construction sector. These factors have helped shape the diesel generator market and are expected to boost the growth. Companies in the diesel generator market could also face challenges such as concerns regarding pollution and high cost. The details covered in the diesel generator market report cover all the aspects of the industry. Analysts studying the diesel generator market have also shared growth projections in the report and have suggested diesel generator market players to plan business strategies accordingly.

Market Segmentation

The global diesel generator market has been segmented based on end-users, portability, and power rating. On the basis of end-users, the market for diesel generator is segmented based on industrial, commercial and agriculture. Additionally, the market on the basis of portability, is segmented into stationary and portable. The global market for diesel generator is also covered based on power rating segment which is further split into 375 kVA – 1,000 kVA and above 1,000 kVA.

Factors like growing demand for housing as well as commercial buildings along with growing infrastructure projects around the world, support the diesel generator market growth. The performance of the diesel generator market has also been studied for the past and current years. Additionally, the diesel generator market report provides analysis of these segments. The diesel generator market segmental analysis provided in the report offers major details about the diesel generator market based on the data and forecasts till 2025.

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Industry News

U.S.-based New Fortress Energy Inc. reported on Wednesday that it will acquire Hygo Energy Transformation Ltd for $2.18 billion to extend its footprint in Brazil, the frontier for expansion in the burgeoning demand for liquefied natural gas. New Fortress, an energy infrastructure firm, is among the private sector players looking to Brazil, where market of LNG is increasing, although the demand is narrower than in India and China, when power generators are moving to filthier coal and gas.

Competitive Landscape

The diesel generator market is supported by high demand from agriculture, residential, and commercial segments. The population growth around the world and increasing demand of diesel generator market based services and products also support the market growth. However, the diesel generator market growth can be affected due to the rise of electric generator sets and inverters. The report covers all such details which will help companies in the diesel generator market to strengthen their business plan and improve their product portfolio. The diesel generator market research report also provides company profiles of major companies. The company profiles of many organizations operating in the diesel generator market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the diesel generator market. New companies and established businesses can plan their strategies based on this data provided in the diesel generator market research report.

Regional Overview

Companies in the diesel generator market are spread across the world. The diesel generator market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American diesel generator market has many companies across the United States, Canada, and Mexico. The diesel generator market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the diesel generator market can be found in the market research report. Europe has companies in the diesel generator market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the diesel generator market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

[phone]

Email: [email protected]