Hazard Control Market is Projected to Reach $1.63 Billion by 2022 | Leading key players are ABB, Eaton, Emerson, Schneider Electric, Siemens

According to the new market research "Hazard Control Market by Product (Motors, Servo Valves, Sensors and Actuators, Drives), Protection (Flameproof, Intrinsic Safety), Industry (Oil & Gas, Mining, Chemicals, Mills, Packaging), and Region - Global Forecast to 2022", The hazard control market is expected to grow from an estimated USD 1.22 Billion in 2017 to USD 1.63 Billion by 2022, at a CAGR of 5.83%, from 2017 to 2022. The global market is set to witness a significant growth due to stringent norms for industrial safety, development of unconventional hydrocarbon resources, growing environmental concerns, and growing concern for human resources safety in industries.

               

Browse 67 market data Tables and 33 Figures spread through 143 Pages and in-depth TOC on "Hazard Control Market - Global Forecast to 2022"

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The motors segment is expected to hold the largest share of the hazard control market, by product type, during the forecast period.

The motors segment is expected to account for the largest share of the product type segment, followed by the servo valves and sensors and actuators segments. Motors are widely used across multiple applications in equipment such as industrial fans, blowers, and pumps. Motors are can operate in harsh working environments such as highly corrosive, dangerous environments, potentially explosive atmospheres, and wet environments.

The intrinsic safety segment is expected to hold the largest share of the hazard control market, by protection type, during the forecast period.

Intrinsically safe devices limit the available electrical energy to non-incendive levels to avoid sparks and hotspots from short circuits or failures which may lead to explosive atmospheres. Intrinsically safe devices find widespread application across all industries and in all types of hazardous division and zone classifications. The demand for intrinsically safe devices is highest in Asia Pacific due to increasing industrialization in the region.

The North American market is expected to hold the largest share of the hazard control market, by region, during the forecast period.

The North American market is driven by the development of unconventional hydrocarbon resources such as shale gas and tight oil. Revamping of the mining industry would also drive the growth of the hazard control market in the region. Asia Pacific is projected to be fastest-growing regional market due to increasing industrialization in emerging economies such as India and China. According to the IEA, China is expected to account for 280 billion cubic meters (bcm) of global natural gas demand by 2040. China will also overtake the US as the top oil consumer, by 2030, with net imports of 13 million barrels per day (mb/d), by 2040.

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The demand for crude oil would be driven by the petrochemical and transportation sectors. In the transportation sector, diesel is expected to be the key driving factor till 2040.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the hazard control market. These include ABB (Switzerland), Eaton (Ireland), Emerson (US), Schneider Electric (France), and Siemens (Germany). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.

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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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Robotic Welding Market 2018 Insights and Demand Growth To 2023 - Yaskawa, Kuka, Fanuc, ABB, Panasonic

According to the new market research "Robotic Welding Market by Type (Arc Spot), End-User (Automotive & Transportation, Electricals & Electronics, Aerospace & Defense, Metals & Machinery), Payload (<50 kg, 50–150 kg, and >150 kg), and Region - Global Forecast to 2023" The robotic welding market is expected to grow from an estimated USD 3.89 billion in 2018 to USD 5.96 billion by 2023, at a CAGR of 8.91%, from 2018 to 2023.

This market growth worldwide is driven by the increasing implementation of Industry 4.0, which focus on full automation of manufacturing process through Internet of Things (IoT) and big data concept.
                                                                         
Browse 67 market data Tables and 31 Figures spread through 114 Pages and in-depth TOC on "Robotic Welding Market - Global Forecast to 2023"

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The spot welding segment is expected to hold the largest share of the robotic welding market, by type, during the forecast period.

The spot welding segment is expected to be the largest market for robotic welding, by application, in 2018. Spot welding robots are high-payload robots, which are expensive and widely used in various end-user industries. Major end-user industries include automotive & transportation, which accounts for approximately half of the market share. Increasing vehicle demand in emerging economies such as China, India, and Brazil would contribute to the growth of the spot welding market. Increasing focus on adopting electric vehicles would also act as a driving factor for the market.

The >150 kg segment is expected to hold the largest share of the robotic welding market, by payload, during the forecast period.

Welding robots which have more than 150 kg of payload are expected to dominate the market due to their application in automotive & transportation and other industries. These robots are high in demand due to the increasing demand for vehicles.

Asia Pacific is expected to be the fastest-growing robotic welding market.

In this report, robotic welding market has been analyzed with respect to 4 regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to be the largest and the fastest growing market, by region, during the forecast period.

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Increasing adoption of automation by developing economies would drive the growth of the robotic welding market in the region. Major countries driving the market in the Asia Pacific region are China, India, and Taiwan. Rest of the World is expected to be the second fastest growing market for robotic welding. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the robotic welding market including Yaskawa (Japan), Kuka (Germany), Fanuc (Japan), ABB (Switzerland), and Panasonic (Japan).

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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Power Plant Control System Market 2017 Insights and Demand Growth To 2022 - ABB, Siemens, Schneider Electric, Emerson, GE

The report "Power Plant Control System Market by Solution (SCADA, PLC, DCS), Application (Boiler, Turbine, Generator, Balance of Plant, Reactor), Component, Plant Type (Coal, Natural Gas, Hydroelectric, Nuclear, Oil, Renewables), and Region - Global Forecast to 2022", The power plant control system market is expected to grow from an estimated USD 4.70 Billion in 2017 to USD 6.22 Billion by 2022, registering a CAGR of 5.78% during the forecast period. This growth is primarily due to the increasing emphasis on alternative energy production, increase in the buoyant power sector and augmented power generation capacities worldwide, and government initiatives toward the adoption of industrial automation.

Browse 88 market data Tables and 40 Figures spread through 168 Pages and in-depth TOC on "Power Plant Control System Market - Global Forecast to 2022"

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The turbine and auxiliaries control segment is expected to hold the largest share of the power plant control system market, by application, during the forecast period

The turbine and auxiliaries segment led the power plant control system market in 2016 and is projected to dominate the market during the forecast period. The turbine and auxiliaries control segment comprises control systems for turbine governing systems, vacuum systems, condensate systems, feedwater systems, cooling water systems, and lubrication oil systems. Control systems for turbines and auxiliaries are specifically used in coal-based thermal power plants, nuclear power plants, oil-fired steam turbine power plants, gas-fired steam turbine power plants, wind power plants, and concentrated solar power plants. In a power plant, the cost component for the turbine and auxiliaries control segment holds the largest share of the entire power plant control system. The increase in the capacity addition of the wind power plant across the globe along with large investments in the capacity addition of thermal power plants in Asia Pacific acts as a major driver for the growth of the turbine and auxiliaries control segment.

Target Audience:

·         Banks, venture capitalists, financial institutions, and other investors

·         Companies related to electric power generation

·         Energy associations

·         Environment associations

·         Energy efficiency consultants

·         Government and industry associations

·         Government and research organizations

·         Manufacturing industry

·         Power plant project developers

·         State and national regulatory authorities

The SCADA solution is expected to be the fastest growing segment in the power plant control system market during the forecast period

With regard to the solution segment, SCADA solutions are expected to constitute the fastest growing market from 2017 to 2022. The market is primarily driven by increasing investments in large-scale renewable power projects where SCADA is implemented excessively. A SCADA system collects real-time data from remote locations to control the equipment or device. SCADA uses computers, communication systems, and graphical user interface for monitoring the process. SCADA systems are used to ease the automation process in remote areas where manual controlling is not possible in power plants. The components of SCADA are generally grouped into control devices and remote site devices that are used for the plant control network. They provide various facilities such as controlling and monitoring, as well as triggering alarms in the plant during hazardous events. Such a system adds tangible cost benefits by eliminating redundant and obsolete processes such as scanning or searching and streamlining the processes.

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Asia Pacific: The leading market for power plant control systems

Asia Pacific is expected to account for the largest market share in the global power plant control system market in 2017. The increasing consumption of energy followed by the increase in investments in renewable energy is expected to boost the power generation plants, thereby, enhancing the power plant control system market in the region. According to the Bloomberg New Energy Finance, China was observed to be the highest investor in renewable energy and the associated low-emissions-energy sectors by investing USD 103 billion in 2015, recording a 17% growth year on year (YoY).

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the power plant control system market. These players include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Emerson (US), and GE (US). The leading players are trying to make inroads in the markets in the developed economies and are adopting various strategies to increase their market shares.

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