Monday, April 20, 2020

Valve Remote Control System Market to Expand Nearly 4.73% Annually to 2023 | Emerson, Rotork, Wartsila, KSB, Nordic


According to the new market research "Valve Remote Control System Market by Type (Hydraulic, Pneumatic, Electric, & Electro-Hydraulic), Application (Marine and Offshore), Valve Type (Ball, Globe, Butterfly, Gate, Diaphragm, Plug, Check, and Safety), and Region - Global Forecast to 2023" The valve remote control system market is expected to grow from an estimated USD 6.4 billion in 2018 to USD 8.0 billion by 2023, at a CAGR of 4.73%. An increased need for industrial valves from oil & gas production is likely to drive the valve remote control system market.

On the basis of type, the pneumatic segment is expected to hold the largest share of the market.

The pneumatic segment is projected to grow at the highest CAGR during the forecast period. The pneumatic segment is primarily driven by cranes and hoists, palletizers and de-palletizers, conveyors, automated storage, and retrieval systems. The valve remote control system plays a vital role to divert compressed air to individual pneumatic actuators, and thus drive the connected valve to open/close in the system. Increase in demand for valves & actuators for the oil & gas production is likely to boost the Middle East & Africa pneumatic valve remote control system market due to the largest petroleum reserves holding countries in the region.  

Browse 63 market data Tables and 26 Figures spread through 113 Pages and in-depth TOC on "Valve Remote Control System Market - Global Forecast to 2023"


The offshore voltage segment is expected to be the fastest growing valve remote control system market, by application type, during the forecast period.

The offshore valve remote control system is expected to grow at the highest CAGR from 2018 to 2023. The market is primarily driven by the increased need for industrial valves from oil & gas production. The growing production of oil sands and shale gas fuels increased the demand for valve remote control systems in North America. Moreover, the increased investments in natural gas exploration and refineries are likely to boost the offshore valve remote control system market. Also, the increased drilling activities in countries such as Saudi Arabia, the UAE, and Algeria would positively impact the offshore market during the forecast period.

Middle East & Africa is expected to be the leading valve remote control system market, by region, during the forecast period.

In this report, the valve remote control system market has been analyzed with respect to 5 regions, namely, Asia Pacific, North America, South America, Europe, and the Middle East & Africa. The Middle East & Africa led the global valve remote control system market in 2018. Saudi Arabia, UAE, and Oman are the largest valve remote control system markets in the region. These countries are investing in their grid expansion projects to increase distribution grid reliability. Saudi Arabia accounted for the largest share of the Middle East & Africa valve remote control system market in 2017 and is estimated to have the highest installed valve remote control systems during the forecast period. Almost all the countries in the region are augmenting their oil & production capacity. UAE, Saudi Arabia, and Oman are investing heavily in their offshore projects. Algeria, Nigeria, and Angola are also emphasizing on the oil & production to meet their increasing energy demand. This has led to a rise in investments in the offshore sector to drive the growth of the Middle East & Africa valve remote control system market.


To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the valve remote control system market. The key players include Emerson (US), Rotork (UK), Wartsila (Finland), KSB (Germany), and Nordic (Singapore). The leading players are adopting various strategies to increase their share in the valve remote control system 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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsleter@marketsandmarkets.com

Friday, April 17, 2020

Lead Acid Battery Market 2019 Present Status, Business Statistics, Detailed Overview and Forecast Outlook to 2024

According to the new market research report "Lead Acid Battery Market by Technology (Basic, Advanced Lead Acid), Type (Stationary, Motive), Construction Method (Flooded, VRLA), End-User (Utilities, Transportation, Industrial, Commercial & Residential), and Region - Global Forecast to 2024", published by MarketsandMarkets™, the global Lead Acid Battery Market is projected to reach USD 52.5 billion by 2024 from an estimated USD 41.6 billion in 2019, at a CAGR of 4.7% during the forecast period. This growth can be attributed to factors such as the need to integrate renewable energy to the main grid, and the booming data industry promising the installation of several data centers across the globe, which expects the utilization of lead acid batteries for backup power supply.

The VRLA segment is expected to be the largest Lead Acid Battery Market, by construction method, during the forecast period

The Valve Regulated Lead Acid (VRLA) segment is expected to be the largest market during the forecast period. The VRLA batteries comprise absorbent glass mat (AGM) and gel cells. These are new technology-driven construction methods, including the presence of adsorbent glass material and silica gel, respectively. These methods ensure the longevity of the batteries and require less maintenance compared to regular lead acid batteries. In the times to come, these batteries are likely to be preferred over conventional flooded lead acid batteries due to their various advantages.


70 - Tables
50 - Figures
150 - Pages

Download PDF Brochure:

The advanced lead acid battery is expected to be the fastest-growing segment of the Lead Acid Battery Market, by technology, during the forecast period

The advanced lead acid battery has carbon coatings on the anode plate, which eliminates the requirement of cleaning the lead sulfate deposition on the electroplate. At the same time, the life of the anode electrode is enhanced, eventually increasing the overall life of the battery set. It provides benefits like rapid charging on regenerative breaking. This is a significant advantage of advanced lead acid batteries, as this task is difficult to achieve with regular lead acid batteries. Although comparatively heavier and larger than lithium-ion, these batteries are cost-effective, efficiently operating at low and subfreezing temperatures, and does not require active cooling.

Asia Pacific to account for the largest share of the global Lead Acid Battery Market

In this report, the Lead Acid Battery Market has been analyzed with respect to five regions, namely, North America, South America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific region is estimated to dominate the global Lead Acid Battery Market in 2019, owing to the requirement of cost-effective energy solutions. The presence of a large automotive and manufacturing base in the region is expected to be the key driver for market growth. Increasing energy consumption in the area due to rapid industrialization and urbanization is expected to propel the growth of the market over the forecast period.


The report includes the profiles of some of the top players in the Lead Acid Battery Market to enable an in-depth understanding of the competitive landscape. Some of the key players are EnerSys (US), Exide Industries (India), GS Yuasa (China), Clarios (US), Panasonic (Japan), Chaowei Power (China), Narada Power (China), HBL Power Systems (India), Crown Battery (US), NorthStar (Sweden), Hitachi Chemical (Japan), Exide Technologies (US), Teledyne Technologies (US), East Penn (US), Hankook AltasBX (Korea), HOPPECKE (Germany), C&D Technologies (US), Rolls Battery (Canada), Camel Power (Malaysia), Amara Raja Power System (India), XUPAI Battery (China), Okaya Power (India), Leoch International Technology (Hong Kong), Harbin Coslight Power (China), and First National Battery (South Africa). The leading players are adopting various strategies to increase their share in the Lead Acid Battery Market.

Key Questions Addressed by the Report
·         What are the revolutionary technology trends that will be seen over the next five years?
·         Which of the lead acid battery market elements will lead by 2024?
·         Which of the construction method segments will have the maximum opportunity to grow during the forecast period?
·         Which will be the leading region with the highest market share by 2024?
·         How are OEM companies introducing their lead acid battery in different applications?



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.

Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Thursday, April 16, 2020

Portable Generator Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2024


The report "Portable Generator Market by Fuel (Gasoline, Diesel, Gas), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 5–10 kW, 10–20 kW), End-User (Residential, Commercial, Industrial), and Region- Global Forecast to 2024" The global portable generator market size is expected to reach USD 2.5 billion by 2024 from an estimated value of USD 2.0 billion in 2019, at a CAGR of 4.1% during the forecast period. The market is set to grow due to increasing weather-related power outages and rising demand for uninterrupted and reliable power supply in developed and developing nations.

Browse 100 market data Tables and 47 Figures spread through 156 Pages and in-depth TOC on "Portable Generator Market - Global Forecast to 2024"


The residential segment is expected to be the largest portable generator market, by end-user, during the forecast period

Portable generators are used mainly for emergency power supply in case of weather-related power outages. Portable generators are used to run essential appliances such as lights, refrigerators, and fans. Apart from essential appliances, portable generators are also used for domestic recreational activities such as camping and picnic. Ease of start and portability are the main factors that drive the portable generator industry for residential end-users.

The gasoline segment is projected to account for a major share of the portable generator market during the forecast period

The gasoline fuel-operated portable generators are expected to dominate the portable generator industry during the forecast period. Gasoline fuels are more compatible with small-capacity engines, and this is the main reason for the large market share of gasoline-powered generators. Apart from compatibility, the availability of fuel and clean operation are also the major factors for the growth of gasoline portable generators.

The emergency segment is projected to account for the largest share of the portable generator industry during the forecast period

The emergency segment is projected to dominate the portable generator market share based on the application. Increasing weather-related power outages and aging power generation & distribution networks are expected to drive the emergency portable generator segment during the forecast period.


The 5–10 kW segment is projected to dominate the portable generator industry throughout the forecast period

The 5–10 kW segment is expected to dominate the market, by power rating, during the forecast period. The 5–10 kW portable generator market is growing because its usage in construction-related activities in the Asia Pacific region is very high. Also, in North America, during frequent power outages in areas such as Puerto Rico and Mexico, users mostly prefer the 5–10 kW portable generators for power backup.

North America is projected to dominate the global portable generator market during the forecast period

In this report, the market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America is expected to lead the market during the forecast period.


The increasing number of weather-related power outages due to natural calamities such as hurricanes and heat waves are disrupting the power supply to millions of residential and commercial users. Because of these unfortunate incidents, the demand for portable generators is increasing in the North American market.

To offer an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players such as Honda (Japan), Briggs & Stratton (US), Atlas Copco (Sweden), Generac (US), and Yamaha (Japan), Cummins (US), Caterpillar (US), and Wacker Neuson (Germany).

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
newsletter@marketsandmarkets.com

Residential Energy Storage Market worth $4.30 billion by 2030

The global  Residential Energy Storage Market  is anticipated to grow from estimated USD 2.67 billion in 2024 to USD 4.30 billion by 2030,...