Distribution Automation Market: Comprehensive Analysis of the Development Factors in the Industry by 2023

The report "Distribution Automation Market by Component (Field Device (Smart Meters, Voltage Regulators, and Smart Sensors), Software & Services, Communication Technology (Wired, and Wireless)), Type of Utility (Public, Private), and Region - Global Forecast to 2023" The distribution automation market is expected to grow from an estimated market size of USD 11.82 billion in 2018 to USD 16.81 billion by 2023, at a CAGR of 7.29% from 2018 to 2023. The global market is set to witness significant growth because of the increasing renewable power generation and need for energy efficiency. Advancements in IoT and communication technologies present a significant opportunity for the distribution automation market.

Browse 68 Tables and 29 Figures spread through 134 Pages and in-depth TOC on "Distribution Automation Market - Global Forecast to 2023"

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Field Device: The largest segment, by component, during the forecast period

The field device segment is expected to hold the major share of the distribution automation market during the forecast period. Growing investments in refurbishing the ageing infrastructure and government initiatives to promote the use of energy-efficient power generation resources are the major factors driving the distribution automation market in the European region. The European market players, such as ABB, Schneider Electric, and Eaton are involved in the manufacturing of field devices. These factors have resulted in the highest market share of the field device segment in the distribution automation market.

Target Audience:

The report’s target audience includes:

·         Consultants and advisory firms

·         Distribution automation solution providers

·         Electric Utilities

·         Electrical equipment associations

·         Government agencies

·         Network and communication service providers

·         Support and maintenance service providers

Scope of the Report:

By Component

·         Field Device

·         Software & Services

·         Communication Technology

By Type of Utility

·         Public Utility

·         Private Utility

By Region

·         Europe

·         North America

·         Asia Pacific

·         South America

·         The Middle East & Africa

The public utility segment accounts for the largest share of the distribution automation market, by type of utility, during the forecast period

The public utility segment is expected to be the largest market for distribution automation, by type of utility, from 2018 to 2023. The factors driving the market for distribution automation in the public utility include significant efforts made by the government to extend the services of public utilities. The grants offered by the government will help in modernizing the grid, which in turn will boost the market for distribution automation.

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Asia Pacific: The fastest-growing market for distribution automation

In this report, the distribution automation market has been analyzed on the basis of five regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa.

The distribution automation market in Asia Pacific is driven by countries such as China, India, Japan, and Australia. Rapid industrialization in India, China, and Australia is expected to drive the implementation of distribution automation systems. These countries are increasing renewable power generation to meet their growing energy demand. According to the Renewable Energy Policy Network (REN21), China accounted for 45% of the total global investment for renewable power generation in 2017. Increasing investments in renewable power would drive the market for distribution automation in Asia Pacific.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the distribution automation market. These include Siemens (Germany), ABB (Switzerland), GE (US), Schneider Electric (France), and Eaton (Ireland). The leading players are trying to expand 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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Attractive Opportunities in the Steam Boiler System Market 2023

The report “Steam Boiler System Market by Component (Boiler, Economizer, Superheater, Air Preheater, and Feed Pump), Type (Watertube Boiler, and Fire Tube Boiler), Fuel (Coal, Gas, Biomass, Oil, and Electric), End-user, and Region- Global Forecast to 2023″, The steam boiler system market is expected to grow from an estimated USD 17.66 billion in 2018 to USD 21.63 billion by 2023, at a CAGR of 4.13%. Increase in demand for electricity is forcing the National Governments to increase power generation capacity by setting up new power plants which is driving the demand for steam boiler system in power plants. The increasing number of manufacturing and process industry specifically in Asia Pacific is also increasing the demand of steam boiler systems.

Browse 73 market data Tables and 33 Figures spread through 139 Pages and in-depth TOC on “Steam Boiler System Market – Global Forecast to 2023”

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Water-tube boiler is expected to be the fastest growing market for steam boiler system, by type, during the forecast period.

Water-tube boiler segment led the steam boiler system market in 2017. Water-tube boilers are more efficient than fire-tube boilers. Water tube boilers have larger boiler capacities, higher pressure levels, and the ability to provide high steam temperatures of up to 650 °C. Such boilers are mostly used in power generation utilities. The rise in the consumption of electricity and increasing energy prices is likely to drive the steam boiler system market during the forecast period.

Biomass-fired steam boiler, by fuel, is expected to grow at the highest CAGR during the forecast period.

The biomass-fired steam boiler segment is projected to grow at the highest CAGR from 2018 to 2023. The primary source of fuel for such kind of biomass-fired steam boilers includes crops and wastes such as rice husk, wood, sawdust, forest and mill residue, fast-growing trees and plants, and industrial waste. Biomass can be used in two different ways to produce heat, namely, directly via combustion or indirectly by converting it into various types of fuels such as methane gas, ethanol, and biodiesel. The heat produced by burning biomass can be used to heat homes, generate electricity, and power vehicles.

Asia Pacific: The leading market for Steam Boiler System

In this report, the steam boiler system market has been analyzed with respect to 5 regions, namely, the Asia Pacific, North America, South America, Europe, the Middle East, and Africa. The Asia Pacific led the global steam boiler system market in 2017. China is expected to lead the Asia Pacific steam boiler system market during the forecast period and is projected to grow at the highest CAGR from 2018 to 2023. Power plants are one of the major end-users of steam boiler systems in China.  The country is one of the largest consumers of electricity in the world and to meet the growing demand for power; it is investing heavily in setting up new plants across all provinces to ensure steady power supply across industries. According to the EIA’s International Energy Outlook 2017, China is the world’s largest consumer of coal and consumption of coal in the power sector is expected to reach 4,800 million metric tons by 2018. Thus, factors such as increased investments in the power generation sector to meet the increasing demand for power is likely to drive the steam boiler system market during the forecast period.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the steam boiler system market. The key players include Bosch (Germany), GE (US), Alfa Laval (Sweden), Thermax (India), Cochran (UK), Viessmann (Germany), and Doosan (South Korea). The leading players are adopting various strategies to increase their shares in the steam boiler 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
Email: newsletter@marketsandmarkets.com

Pneumatic Conveying Systems Market - Top Growing Companies Analysis and Segmentation Outlook till 2021

The report "Pneumatic Conveying Systems Market by Type (Positive Pressure Conveying, Vacuum Pressure Conveying and Combined Conveying), Operation (Dense-phase conveying and Dilute-phase conveying), Industry and Region - Global Forecast to 2021", is projected to grow from an estimated USD 5.16 Billion in 2016 to USD 7.04 Billion by 2021, at a CAGR of 6.4%. Rapid industrialization in emerging economies, rising demand for energy pneumatic conveying systems, and thriving recycling and waste treatment industries are the key driving factors for pneumatic conveying systems.

                                                                           

Positive pressure conveying systems to dominate the market during the forecast period

Positive pressure conveying systems are expected to hold a larger share of the market by technology in the pneumatic conveying systems market. Growing demand for high-efficiency systems is likely to be the major driving factor. The application of the system ranges from medium to high pressure. It’s used to transfer free flowing, granular, sticky or very fine material. The system is capable of transporting heavy materials over a longer distance. In vacuum conveying system, the material is transferred under low pressure and limited distances. When the material degradation is a concern, the vacuum or pressure dense phase system is mostly preferred over other modes of transportation. The market for the positive pressure conveying system is expected to grow at a promising rate during the forecast period due to their wide range of applications and high efficiency.

Browse 70 market data tables and 39 figures spread through 153 pages and in-depth TOC on “Pneumatic Conveying Systems - Global Forecast to 2021”

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Food & beverage industry to hold the largest share in the pneumatic conveying systems market from 2016 to 2021

The food & beverage industry is the largest contributor to the pneumatic conveying systems market, and also acts as a key driver of the market. The rise in disposable income in emerging economies such as China, India, Brazil, Saudi Arabia, and Southeast Asia has led to high demand for food products. This has led to high growth of food industry in these economies, thereby leading to high demand for pneumatic conveying systems market. The pneumatic conveying systems market is driven by the rapid industrialization of emerging economies such as China, Saudi Arabia, India, South Africa, and other South Asian countries. Furthermore, the demand for advanced and energy efficient pneumatic system has boosted the demand for pneumatic conveying systems in several manufacturing industries.

Asia-Pacific pneumatic conveying systems market to witness the highest growth from 2016 to 2021

The report covers five major regions—namely, Asia-Pacific, Europe, the Middle East and Africa, North America, and South America. The Asia-Pacific region is expected to witness high growth in the power generation, pharmaceuticals, and food & beverages industries from 2016 to 2021. Moreover, new government environmental norms are likely to boost demand for pneumatic systems.

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The report also provides an in-depth analysis of the competitive landscape, along with profiles of leading pneumatic conveying systems market players such as Hillenbrand Inc. (U.S.), Nilfisk Group (Germany), Schenck Process Holding GmbH (Germany), Zeppelin Systems GmbH (Germany), and KC Green Holdings. Key players are trying to penetrate emerging markets, and are adopting various strategies such as contracts and agreements, expansions, mergers & acquisitions, and new product launches 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: sales@marketsandmarkets.com