Bag Filter Market Outlook 2020, Global Opportunity & Growth Analysis

[143 Pages Report] According to latest market research report “Bag Filter Market by Type (Pulse jet, Reverse-Air, and Shaker), by Media (Nonwoven, Woven and Others), by Application (Power Generation, Chemical, Mining, Cement, Pulp & Paper, Municipal Waste, and Others) & by Region - Global Forecast to 2020”, The global bag filter market size is estimated to be USD 9.13 Billion in 2015, and is expected to grow at a CAGR of 5.8% during the forecast period. Factors driving the market include environment & safety regulations of different governments to reduce air-pollution, growth in cement & mining industry, increase in the number of coal-fired plants, and a wide range of applications.

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The bag filter market is expected to grow from an estimated USD 9.13 Billion in 2015 to USD 12.12 Billion by 2020, at a CAGR of 5.8% from 2015 to 2020. Environment & safety regulations of different governments to reduce particulate emission from various industries along with the development in cement & mining industry is fueling the growth of the bag filter industry worldwide.

Pulse Jet to Dominate the Bag Filter Market

Amongst the different types of cleansing actions of bag filters, pulse jet is considered to be the best alternative when compared to shaker and reverse-air bag filters. It holds the largest market with major application in pharmaceuticals, food & beverages, sinter plants, textiles, chemicals, and municipal waste industries, among others.

Browse 66 market data Tables and 40 Figures spread through 143 Pages and in-depth TOC on "Bag Filter Market - Global Forecast to 2020"

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Nonwoven Media to Capture the Major Share in the Next Five Years

The report also segments the bag filter market on the basis of its media: nonwoven and woven. Nonwoven fabric is widely used across all end-user applications. Nonwoven media are used in high-energy cleansing systems while woven ones used in low-energy devices. High energy systems consist of pulse jet devices whereas low energy system utilizes shakers and reverse-air flow devices. The report also considered filtering media such as meshes and glass fibers among others. Nonwoven fabrics are products made of parallel laid, cross laid, or randomly laid webs bonded with application of adhesive or thermoplastic fibers under application of pressure and heat.

Scope of the Report:

By Type:

·         Pulse Jet

·         Shaker

·         Reverse-Air

By Media:

·         Nonwoven

·         Woven

·         Others

By Application

·         Power Generation

·         Chemical

·         Mining

·         Cement

·         Pulp & Paper

·         Municipal Waste

·         Others

By Region

·         North America

·         Europe

·         Asia-Pacific

·         RoW

In this report, the bag filter market has been analyzed with respect to four regions, namely, The Americas, Europe, Asia-Pacific, and the Middle East & Africa. The bag filter industry is expanding in developing countries, owing to increasing urbanization and industrialization. The Asia-Pacific region is expected to be the fastest growing region in the bag filter market during the forecast period.

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To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the bag filter market. These include Donaldson (U.S.), Mitsubishi Hitachi Power System (Japan), Thermax Ltd. (India), Babcock & Wilcox (U.S.), and Eaton (Ireland) among others. Other companies include Pall Corporation (U.S.), Rosedale Products (U.S.), BWF Envirotec (Germany), and GE (U.S.).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Smart Water Metering Market Outlook 2022, Global Opportunity & Growth Analysis

[200 Pages Report] According to latest market research report “Smart Water Metering Market by Type (AMR and AMI), by Component (Meters & Accessories, Communication, and IT Solution), by Application (Water Utilities and Industries) and by Region - Global Trends & Forecast to 2021”,The global smart water metering market was valued at USD 3.73 Billion in 2015, and is expected to grow at a CAGR of 7.23% from 2016 to 2021. Factors such as increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are driving the market worldwide.

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Meters & accessories to be the dominant component-based segment in the global smart water metering market

The smart water metering market in this report has been classified based on components into three segments, namely, meters & accessories, communication, and IT solution. The meters & accessories segment accounted for the largest market size, in terms of value, in 2015. It was followed by the IT solution and communication segments, respectively.

Browse 66 market data Tables and 53 Figures spread through 200 Pages and in-depth TOC on “Smart Water Metering Market - Global Trends & Forecast to 2021"

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“The AMR segment would dominate the global smart water metering market”

The Automatic Meter Reading (AMR) segment is estimated to be the largest market for smart water metering in 2016. It is a metering technology that collects consumption data from the water meters and transfers it to a central database (in the utility station) for billing and other purposes (one-way communication only). Popular in North America and Europe, other regions have also started to implement this metering infrastructure to reduce non-revenue water. It is less costly when compared to AMI, and hence has a higher market size. However, the AMI market is projected to grow at the highest rate because of its superiority.

Scope of the Report

On the basis of Type:

· AMR

· AMI

On the basis of Componenet:

· Meters & Accessories

· IT Solution

· Communication

On the basis of Application:

· Water Utilities

· Industries

On the basis of Region:

· North America

· Europe

· Asia-Pacific

· Middle East & Africa

· South America

North America is the dominant market for smart water metering

North America dominates the smart water metering market, and Europe is expected to grow at the fastest pace during the forecast period. In North America, the growth of the smart water metering market can be attributed to focus on water monitoring & prevention of water leakage and the repair & upgrade of aging water infrastructure. Meanwhile, several smart water meter rollouts are taking place in countries such as the U.K., Germany, and France, which would drive growth in the European region. 

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 To provide an in-depth understanding of the competitive landscape, the report includes profiles of the following companies, namely, Itron Inc. (U.S.), Elster Group GmbH (Germany), Sensus (U.S.), Landis+Gyr (Switzerland), Kamstrup A/S (Denmark), Aclara Technologies LLC (U.S.), Badger Meter, Inc. (U.S.), Datamatic, Inc. (U.S.), Diehl Metering GmbH (Germany), Neptune Technology Group Inc. (U.S.), B METERS s.r.l. (Italy), Arad Ltd. (Israel), and Arqiva Ltd. (U.K.). Dominant players are trying to penetrate developing economies and are adopting various methods to grab the market share.

Market share analysis based on developments for key companies has been included in the report. The scope aids market participants to identify high-growth markets and help managing key investment decisions. For this report, major players in the smart water metering market have been identified using various primary and secondary sources, which include annual reports of top market players, interviews with key opinion leaders such as CEOs, directors, and marketing personnel. The market shares have been evaluated and validated based on this research.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
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Suite 430
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sales@marketsandmarkets.com

Gas Turbine Services Market Outlook 2022, Global Opportunity & Growth Analysis

[157 Pages Report] The global gas turbine services market was valued at USD 14.53 Billion in 2015, and is expected to grow at a CAGR of 4.1% from 2016 to 2021. Major drivers for gas turbine services market include upgradation of aging fleet of gas turbines, rise in gas turbine demand due to increase in shale gas production, and stringent emission norms for gas turbines.

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This study estimates the global market for gas turbine services market, in terms of USD, till 2021. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and technological overview. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the gas turbine services market.

Browse and in-depth TOC on “Gas Turbine Services Market”

65- Tables

47 - Figures

157- Pages

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Maintenance segment is expected to hold the largest share of gas turbine services market, by service, during the forecast period

Maintenance service led the overall gas turbine services market in 2015, and is expected to dominate during the forecast period. Almost half of the gas turbine services market is expected to be dominated by the maintenance service owing to rise in demand inspection and monitoring services for newly installed gas turbines. In addition, advent of gas turbine monitoring services such as intelligent condition monitoring and big data analytics for
 preventive and predictive maintenance will drive the market for maintenance services. However, the overhaul services is expected to grow at a fastest rate during the forecast period.

Power generation to dominate the gas turbine services market, by end-user during the forecast period

Power generation is expected to hold almost half of the gas turbine market during the forecast period. The market is driven by the rise in demand for gas turbines for combined cycle power plants. The total gas turbine installation capacity for power generation exceeded about more than 50 GW in 2015. These turbines will require frequent inspection and maintenance of parts such as rotors, blades, and liners among others. This will drive the market for power generation segment during the forecast period. Middle East & Africa are the potential markets for power generation gas turbine services during the forecast period.

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North America: The leading market for gas turbine services
North America is expected to dominate the gas turbine services market owing to the large number of existing and aging gas turbines fleet in the U.S. and Canada. Large number of long term service agreements for gas turbine services are also seen this region. In addition, demand for gas turbine services for mechanical drive application for process industry will also drive the market for gas turbines services in North America.

Some of the leading players in the gas turbine services market include General Electric Company (U.S.), Siemens AG (Germany), EthosEnergy (U.K), Sulzer AG (Switzerland) and Ansaldo Energia, SpA (Italy). Contracts & agreements was the strategy most commonly adopted by top players in the market, constituting 71% of the total developments from 2014 to 2016. It was followed by mergers & acquisitions strategy.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.
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The Fastest Growing “Smart Transformers Market” in the Next 5 Years

The smart transformers market is expected to grow at a CAGR of 10.54%, from 2017 to 2022, to reach a market size of USD 2.43 billion by 2022. The major drivers of the smart transformers market include aging infrastructure, increasing emphasis on alternative energy production across the globe, improving and evolving technologies, digitalization of power utilities, and huge investments in smart grids and energy systems.

Browse 66 Market Data Tables and 35 Figures spread through 141 Pages and in-depth TOC on "Smart Transformers Market by Component (Converters, Switches, Transformers, Hardware for Transformer Monitoring), Type (Power, Distribution, Specialty, and Instrument), Application (Smart Grid, Traction Locomotive, Electric Vehicle Charging), and Region - Global Forecast to 2022"

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The smart transformers market is dominated by a few major players that have a wide regional presence and are established brand names. The leading integrated solution providers in the smart transformers market include ABB, GE, Siemens, Schneider Electric, and Eaton.

The market in Asia Pacific is estimated to be the fastest growing market for smart transformers from 2017 to 2022. Factors, such as, rapid industrialization, infrastructural developments, aging power plants, increase in adoption of electric vehicles, and growing demand for electricity are driving the smart transformers market in the region. Furthermore, government initiatives to increase power generation capacity using renewable energy sources is expected to drive the demand for the smart transformers market.

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The market in the US is expected to be the fastest growing market in North America for smart transformers, during the forecast period. Due to the aging infrastructure, climate risks, growing demand for electricity, and increasing adoption of electric vehicles in the country, the US government is taking significant steps to modernize the transformers sector, thereby, driving the smart transformers market. 

The report segments the smart transformers market, by application, into traction locomotive, smart grid, electric vehicle charging, and others (others includes applications in shipping and aviation and packaged substations, data centers, and alternative power generation).  The smart grid segment is expected to grow at the highest CAGR during the forecast period.

The smart transformers market, by component, is segmented into converters, switches, transformers, hardware for transformer monitoring, and others (others include high voltage inductors, high voltage capacitors, and high voltage resistors). The converters segment is expected to grow at the highest CAGR during the forecast period. 

The smart transformers market, by type, is segmented into power transformers, distribution transformers, specialty transformers, and instrument transformers. The distribution transformers segment is expected to grow at the highest CAGR during the forecast period. 

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Companies, such as ABB, GE, Siemens, and Schneider could benefit from investing in emerging economies as there is an increase in expenditure on industrial activities in these markets. Along with this, the power infrastructure in developing countries are either old or have not been modernized, which is likely to provide opportunities for the smart transformer companies.  

ABB is a power and automation technology company that offers a wide range of products, services, and systems. The company has a strong regional footprint with its presence in more than 100 countries. With an installed base of more than 70,000 control systems connecting 70 million devices, ABB is one of the fastest growing companies in the digitally connected and enabled industrial equipment. It adopts inorganic growth strategies as its key business strategy to expand its business in untapped markets. The ABB power grid business segment provides smart transformers that caters to various end-use industries, such as utilities, industry, and transport and infrastructure globally.  In March 2017, ABB launched its first digital transformer, TXper. The transformer will provide the integrated sensing and monitoring technology in intelligence to maximize reliability, optimize operating and maintenance costs, and manage the asset more efficiently. This latest innovation uses cloud computing and connected devices to generate actionable data for a broad range of customers.

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GE is one of the leading technology and financial services company that manufactures products for generation, transmission and distribution, control, and utilization of electricity. It is a transforming industry with software-defined machines and solutions. Since its inception, the company has adopted inorganic growth strategies to broaden its business and improve the scope of activities.  It has its presence in approximately 180 countries, with 206 manufacturing plants located in 40 states in the US and Puerto Rico, and 295 manufacturing plants located in 39 other countries. The company provides smart transformers through its power business segment serving several end-use industries, such as, power generation, industrial, government, and other customers worldwide. In October 2014, GE received a contract from Georgia Power (US) to deliver a complete transformer monitoring solution for its electrical grid infrastructure.

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