Market Industry Trends

Monday, May 18, 2020

Global Recloser Control Market is Expected to Grow at a Healthy CAGR with top players ABB, Schneider, NOJA Power, Siemens, Eaton

According to the new market research "Recloser Control Market by Type (Electric and Hydraulic), Phase Type (Three-Phase, Single-Phase, and Triple-Single Phase), Voltage (Up to 15 Kv, 16 kV–27 Kv, and 28 kV–38 Kv), and Region - Global Forecast to 2022 " The recloser control market is projected to reach USD 1.52 Billion by 2022. The recloser control market is expected to grow from an estimated USD 1.12 Billion in 2017 to USD 1.52 Billion by 2022, at a CAGR of 6.22%. The positive growth rate of this market can be attributed to increasing urbanization and industrialization, growing automation for power distribution quality and reliability, and expanding distribution network.

The electric recloser control segment is expected to hold the largest share of the recloser control market during the forecast period

The electric recloser control is used in most three-phase and some single-phase reclosers due to its greater flexibility, advanced protection and automation functionality, and ease of programming compared to the hydraulic recloser control. Electronic recloser controls are also highly customizable with a wide range of accessories and can solve several application problems, such advantages are factors driving the growth of this market segment.

Browse in-depth TOC on "Recloser Control Market"
64 – Tables
34 – Figures
129 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=73710030

The 15 kV recloser control is expected to grow at a high rate during the forecast period

Recloser controls that have a voltage rating of up to 15 kV are extensively used in the residential applications of the distribution network. Increasing urbanization and the growing residential and commercial buildings in developing countries are expected to accelerate the growth of this segment.

Target Audience:

The report’s target audience includes:

Transmission and distribution utilities
State and national regulatory authorities
Power generation plants
Consulting companies and associations in the energy and power sector
Government and research organizations
Recloser control manufacturers
Investment banks
Engineering, procurement, and construction companies in the distribution sector

Scope of the report:
By Voltage

Up to 15 kV
16–27 kV
28–38 kV

By Type

Electric
Hydraulic

By Phase

Single
Three
Triple Single

By Region

North America
Europe
Asia Pacific
South America
Middle East
Africa

Asia Pacific is expected to dominate the recloser control market during the forecast period

In this report, the recloser control market has been analyzed with respect to six regions, namely, North America, Europe, Asia Pacific, South America, Middle East, and Africa. Asia Pacific is expected to hold the largest share of this market during the forecast period. Factors such as the inefficiency of existing distribution infrastructure, installation of new distribution lines, and refurbishment of older distribution systems are expected to drive the market in this region. Additionally, the increasing demand for electrical energy due to urbanization and industrialization and the rising investments in smart grid technologies that include distribution automation are also likely to drive this regional market.

Ask for Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=73710030

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the recloser control market. These players include ABB (Switzerland), Schneider (France), NOJA Power (Australia), Siemens (Germany), and Eaton (Ireland).

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

Thursday, May 14, 2020

Self-Healing Grid Market Recent Developments & Emerging Trends To 2022

The report "Self-Healing Grid Market by Component (Hardware and Software & Services), Application (Transmission and Distribution Lines), End-User (Public and Private Utility), and Region (NA, EU, APAC, Row) - Global Forecast to 2022", The self-healing grid market is expected to grow from an estimated value of USD 1.72 Billion in 2017 to USD 2.66 Billion by 2022, at a CAGR of 9.07% from 2017 to 2022. The global market is set to witness significant growth due to government policies and legislative mandates regarding T&D utilities, complexity in distributed energy generation, and the need for protection of electric utilities from cyber attack. Advancement in communication technologies presents a significant opportunity for the self-healing grid market.

Browse 72 market data Tables and 31 Figures spread through 120 Pages and in-depth TOC on "Self-Healing Grid Market - Global Forecast to 2022"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60620398

Public Utility: The larger segment, by end-user, during the forecast period.

The public utility segment is expected to hold the majority share of the self-healing grid market during the forecast period. In North America and Asia Pacific, the majority of the utilities are public or nationalized. The public utilities such as Duke Energy, NextEra Energy, and PG&E are involved in the implementation of self-healing grid. These factors have resulted in the higher market share of the public utility segment in the self-healing grid market.

The hardware segment accounts for the larger share of the self-healing grid market, by component, during the forecast period.

The hardware segment is expected to be the larger market, by component, from 2017 to 2022. The factors driving the market for hardware include the increasing deployment of additional sensing as well as communication devices as a part of self-healing grid solutions.

Asia Pacific: The fastest-growing market for self-healing grid

In this report, the self-healing grid market has been analyzed with respect to four regions, namely, North America, Europe, Asia Pacific, and the rest of the World. In Asia Pacific, governments are focusing on increasing grid modernization. The Chinese market is expected to dominate the market in Asia Pacific. The self-healing grid market is expected to grow at a significant rate in countries such as India, Japan, and South-East Asian countries. The market in North America is expected to dominate the global self-healing grid market due to increasing investments in the energy sector and stringent regulatory frameworks related to the implementation of self-healing grid solutions.

Request for Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=60620398

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the self-healing grid market. These include ABB (Switzerland), Siemens (Germany), GE (US), Eaton (Ireland), and Schneider Electric (France). The leading players are trying to establish themselves in the markets in developing 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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Tuesday, May 12, 2020

Lithium Iron Phosphate Batteries Market Revenue Is Anticipated to Reach $10.6 billion by 2024

The report "Lithium Iron Phosphate Batteries Market by Power Capacity (0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh, 100,001–540,000 mAh), Industry (Automotive, Power, Industrial, Others), Application (Portable, Stationary), Region - Global Forecast to 2024", The lithium iron phosphate batteries market size is expected to grow from an estimated USD 8.3 billion in 2019 to USD 10.6 billion by 2024, at a CAGR of 5.0%. Rising demand for electric and hybrid electric vehicles and high requirement of renewable energy storage are driving the lithium iron phosphate batteries industry.

Browse 101 market data Tables and 29 Figures spread through 150 Pages and in-depth TOC on "Lithium Iron Phosphate Batteries Market - Global Forecast to 2024"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77659282

Automotive: The largest segment of the lithium iron phosphate batteries market, by industry

The lithium iron phosphate batteries market is segmented by industry, power capacity, application, and region. The market is segmented, by industry, into automotive, power, industrial, and others. The automotive segment accounted for the largest share of the market in 2018. The automotive industry includes battery-driven vehicles such as electric vehicles, which further include hybrid electric vehicles, plug-in electric vehicles, e-bikes, and automated guided vehicles, which are major consumers of lithium iron phosphate batteries.

The 16,251–50,000 mAh segment is estimated to have the highest growth rate in the lithium iron phosphate batteries market, by power capacity

The market is segmented, by power capacity, into 0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh, and 100,001–540,000 mAh. The 16,251-50,000 mAh application segment is estimated to lead the market in terms of growth. The growth of the segment is mainly because of its rising demand from various applications like automobile, power, industrial, and others.

Asia Pacific is expected to dominate the global lithium iron phosphate batteries market

Asia Pacific was the largest lithium iron phosphate batteries market in 2018, driven mainly by activities in China. Increasing adoption of electric vehicles is one of the key drivers of the growth, where each country in the region has a supportive policy for the growth of electric vehicles in place. This further drives the demand for lithium iron phosphate batteries and creates growth opportunities for all major battery manufacturers in the region. The US is the second-largest market, closely behind Europe, with a large number of renewable energy storage projects commissioned each year.

Ask for Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=77659282

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top manufacturers in the lithium iron phosphate batteries market. These players include BYD (China), A123 Systems (US), K2 Energy (US), Electric Vehicle Power System Technology (China), OptimumNano Energy (China), and Contemporary Amperex Technology (China).