Tuesday, April 14, 2020

CNG Dispenser Market is Projected to Reach $225.5 Million by 2023| Leading key players: Bennett, Censtar, Compac, FTI, Kraus, Lanfeng, Sanki, Scheidt & Bachmann

The report "CNG Dispenser Market by Type (Fast Fill and Time Fill), Flow Rate (Up to 15, Up to 50, and Up to 100 Kg/Min), Distribution (Company Owned & Company Run, Company Owned & Dealer Run, and Dealer Owned & Dealer Run), and Region - Global Forecast to 2023" The CNG dispenser market is projected to reach USD 225.5 million by 2023. The global CNG dispenser market is expected to grow from an estimated USD 155.2 million in 2018 to USD 255.5 million by 2023, at a CAGR of 7.76% from 2018 to 2023. The market is set to grow due to stringent emission policies across all countries. Many other countries across the world planned to reduce emissions by a certain level by 2020 at the United Nations Framework Convention on Climate Change held in 2015. New emission policies are likely to get introduced by 2019 or 2020, depending on the largest achievement and are expected to create opportunities for CNG vehicles.                                                                          

Browse 62 market data Tables and 28 Figures spread through 108 Pages and in-depth TOC on "CNG Dispenser Market - Global Forecast to 2023"

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The fast fill segment is expected to hold the largest share of the CNG dispenser market, by type, during the forecast period.

The CNG dispenser market has been segmented, by type, into fast fill and time fill. The fast fill segment is expected to be the largest because CNG at fast fill stations is often stored in vessels at high service pressure, which helps in delivering the fuel faster.

Company owned & company run segment is the fastest growing CNG dispenser market, by distribution, during the forecast period.

The CNG dispenser market has been segmented, by distribution, into company owned & company run, company owned & dealer run, and dealer owned & dealer run. The company owned & company run segment is estimated to hold the largest share of the market during the forecast period because the operational improvement program reduces the cost and complexity in line. The primary purpose is to focus on the structure and size of the organization.

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The 1–100 kg/min segment is expected to dominate the CNG dispenser market, by flow rate, in 2018.

The CNG dispenser market has been segmented, by flow rate, into up to 15 kg/min, up to 50 kg/min, and up to 100 kg/min. The up to 100 kg/min segment is estimated to hold the largest market share by 2023. This type of flow is suited for light-duty vehicles that require quick filling. For instance, vehicles such as vans, pickups, and sedans need random refueling.

Asia Pacific is expected to be the leading market for CNG dispenser during the forecast period.

Asia Pacific is expected to dominate the CNG dispenser market during the forecast period. A wide variety of industries such as manufacturing, mining, oil & gas, textiles, and automation in the region is expected to drive the CNG dispenser market in the Asia Pacific region during the forecast period.

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Bennett (US), Censtar (China), Compac (New Zealand), FTI (Canada), Kraus (Canada), Lanfeng (China), Sanki (China), Scheidt & Bachmann (Germany), Tulsa (India), Tatsuno (Japan), Dover (US), Parker (US), and Fortive (US) dominated the market in 2017.

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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.

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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Medium Voltage Cable & Accessories Market Revenue to Hit $56.2 billion by 2022 | Leading key players: Nexans, General Cable Corporation, Prysmian, NKT Group, LS Cable & System

The report "Medium Voltage Cable & Accessories Market by Installation (Overhead, Underground, and Submarine), Product (MI, XLPE Cables, Terminations, and Joints), Voltage Range (1–5, 6–13, 23, 34, 45, 69 kV), End-User (Industrial, Infrastructure, and Renewables), and Region - Forecast to 2022", The global medium voltage cable & accessories market is projected to reach USD 56.2 billion by 2022 from an estimated USD 41.5 billion in 2017, at a CAGR of 6.3% from 2017 to 2022. This growth can be attributed to the changing trends in the energy sector vis-à-vis increasing renewable energy-based power generation, investment plans for expansion of T&D networks in developing economies, revamp of the existing aging infrastructure, growing global power generation capacity, and increasing demand for smart grid technology. Additionally, the rapidly growing infrastructure industry in the emerging regions; and the rapid pace of industrialization and urbanization are anticipated to drive market growth.

Browse 132 market data Tables and 37 Figures spread through 222 Pages and in-depth TOC on "Medium Voltage Cable & Accessories Market - Forecast to 2022"


The underground installation medium voltage cable & accessories market is estimated to exceed USD 40 billion by 2022

The underground installation segment was the largest medium voltage cable and accessories market in 2016 and is anticipated to continue the momentum during the forecast period. Underground cables are safer and have longer lift than overhead cables. Underground cables are capable of absorbing emergency power loads and have better power loss characteristics. These cables have the advantage of being installed in populated areas where the land is unavailable. Rapid industrialization is one of the major factors driving this market. Some of the benefits of installing power cables underground include low transmission losses, absorption of emergency power loads, low maintenance costs, and less susceptibility to the impact of severe weather.

The 6–13 kV voltage range segment is projected to lead the market during the forecast period

The 6–13 kV segment is estimated to dominate the market until 2022. The growth of this segment can be attributed to its extensive use in the utilities sector. This voltage range is used usually in indoor and outdoor static installation and the renewable energy sector. Growth of the renewables sector is expected to drive the growth of the segment over the forecast period.


Asia Pacific is estimated to be the largest and the fastest-growing medium voltage cable & accessories market until 2022

Asia Pacific led the medium voltage cable & accessories market in 2016. It is predicted to be the largest and the fastest-growing market till 2022. Europe is projected to be the second-largest market by 2022. The primary reasons for the growth of both these markets include the government initiatives for the improvement of T&D systems, an increase in power demand, and favorable renewable energy policies in the key countries of this market.


Key Market Players

General Cable Corporation (US), Nexans S.A. (France), NKT Group A/S (Denmark), Prysmian S.p.A. (Italy), Sumitomo Electric Industries, Ltd. (Japan), Southwire Company, LLC (US), Kabelwerke Brugg AG Holding (Switzerland), EL Sewedy Electric Company (Egypt), Leoni AG (Germany), ABB Ltd. (Switzerland), The Okonite Company (US), Dubai Cable Company (Private) Ltd. (UAE), TPC Wire & Cable Corp. (US), Bahra Advanced Cable Manufacture Co. Ltd. (Saudi Arabia), Hendrix Wire and Cable (US), KABELWERK EUPEN AG (Belgium), Tratos (UK), Cablel Hellenic Cables Group (Greece), Caledonian Cables Ltd (UK), KEI Industries Limited (India), LS Cable & System Ltd. (South Korea), Riyadh Cables Group Company (Saudi Arabia), Top Cable (Spain), Hebei New Baofeng Wire & Cable Co., Ltd. (China), and Tele-Fonika Cable Americas Corporation (US).

Nexans S.A. (France) is a global provider of cable products and services. The company mainly focuses on four segments, namely, electricity transmission and distribution (submarine networks and land-based networks), energy resources (oil & gas and mining and renewables), transport (rail, road, air, and sea), building (community facilities, housing, and datacenters). It operates sales offices in 40 countries including Australia, Belgium, Brazil, India, Russia, the Netherlands, and the UK. In October 2016, the company launched EDRMAX to enable grid connection and installation of renewable energy resources such as solar panels and wind turbines which would drive the medium voltage cables and accessories market.

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. Sanjay Gupta
MarketsandMarkets™ INC.
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USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com

Monday, April 13, 2020

Subsea Well Access System Market Demand to Approach $3.62 Billion by 2022 | Leading key players: Aker Solutions, Baker Hughes Incorporated, Circle T Service & Rental, COR International, Diamond Offshore Drilling


The report "Subsea Well Access System Market by Type (Rig-Based and Vessel-Based), and Region - Global Forecasts to 2022", The subsea well access system market is expected to grow from an estimated USD 2.86 Billion in 2017 to USD 3.62 Billion by 2022, at a CAGR of 4.79%. The subsea well access system market is set to witness growth, due to increasing new offshore discoveries and demand for well access system in subsea.
                                  
Browse 96 Market Data Tables and 42 Figures spread through 164 Pages and in-depth TOC on "Subsea Well Access System Market - Global Forecasts to 2022"


The rig-based well access system is expected to hold the largest share of the subsea well access system market, by type, during the forecast period

The rig-based well access system dominated the subsea well access system market during the forecast period. The market in Europe is the largest market consisting large number of existing wells which require substantial overhaul. The increase in demand from deep offshore oil & gas fields, is expected to drive the rig-based well access system segment.

North America: The leading market for the subsea well access system market

The market in North America is expected to dominate the global subsea well access system market, given growing unconventional hydrocarbon production in the region.  The region is the new swing producer in global oil markets owing to the boom in production from both shale operations and deepwater exploration and production in the Gulf of Mexico. Exploration and production activities in the region are also expected to gain momentum with increased capital spending by major oil companies. All these factors are expected to drive the North American subsea well access system market.

The research report categorizes the subsea well access market to forecast the revenues and analyze the trends in each of the following sub-segments:

Subsea Well Access Market By Type

·         Vessel based
·         Rig based
·         Completion Workover Riser System
·         Landing String System
·         Others

Subsea Well Access Market By Type

·         Annular BOP
·         RAM BOP

Subsea Well Access Market By End-User

·         Offshore
·         Onshore

Subsea Well Access Market By Region

·         Asia Pacific
·         Europe
·         North America
·         Middle East
·         Africa
·         South America


To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the subsea well access system market. These players include Aker Solutions (Norway), Baker Hughes Incorporated (U.S.), Circle T Service & Rental, Ltd. (Canada), COR International, LLC (U.A.E.), Diamond Offshore Drilling, Inc. (U.S.), Drilling Services Limited (U.K.), Dril-Quip, Inc. (U.S.), GE Oil & Gas (U.K.), Halliburton Company (U.S.), Island Offshore (Norway), Key Energy Services (U.S.), KIT Oil and Gas Equipment Industry, LLC (U.A.E.), National Oilwell Varco, Inc. (U.S.), Oceaneering International, Inc. (U.S.), Optime Subsea Services (U.S.), Parker Hannifin, Corp. (U.K.), Proserv (U.S.), Rongsheng Machinery Manufacture, Ltd. Of Huabei Oilfield Hebei (China), Schlumberger Limited (U.S.), TechnipFMC, PLC (U.S.), Tenaris (Luxembourg), UZTEL S.A. (Romania), Vallourec (France), Weatherford International Limited (U.S.), and 4Subsea (Norway)  among others. Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.

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. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com

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