Friday, May 22, 2020

Scrubber System Market Expected to Witness the Highest Growth during 2018-2023

According to the new market research "Scrubber System Market by Type (Wet (Design), Dry (Sorbent Mixing)), End-User (Marine, Oil & Gas, Petrochemicals & Chemicals, Pharmaceuticals, Glass, Pulp & Paper, Food & Agricultural, Wastewater Treatment), and Region - Global Forecast to 2023" The global scrubber system market is projected to reach USD 1.86 Billion by 2023. The scrubber system market is expected to grow from an estimated USD 1.02 Billion in 2018 to USD 1.86 Billion by 2023, registering a CAGR of 12.82% during the forecast period. This growth is primarily due to the growing stringent environmental regulations to reduce atmospheric emissions                                                                         
Browse 70 market data Tables and 35 Figures spread through 127 Pages and in-depth TOC on "Scrubber System Market - Global Forecast to 2023" 
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252984770
Wet scrubber segment is expected to hold the largest share of the scrubber system market, by type, during the forecast period
The wet scrubber segment led the scrubber system market in 2017, and is projected to dominate the market during the forecast period. Wet scrubbers are effective air pollution control devices for removing particles as well as gases from industrial exhaust streams. Wet scrubbers are generally the most appropriate air pollution control device for collecting both particulates and gas in a single system. The wet scrubbers segment is further sub-segmented into packed bed scrubber, spray scrubber, and venturi scrubber. The soaring demand for such efficient scrubbers from the shipping industry to abide by new exhaust gas emission regulations is the factor driving the wet scrubber market.
Marine segment is expected to be the fastest growing in the scrubber system market, by end-user, during the forecast period
Marine industry is expected to be the fastest growing end-user segment during the forecasted period from 2018 to 2023. Scrubbers have been incorporated in various vessels around the globe such as roll-on/roll-off (RO-RO), ferries, cruise ships, container ships, and very large crude carriers (VLCCs) as these vessels are heavy emitters of SOx. Scrubber systems help ship owners to continue burning less expensive high-sulfur fuel while ensuring emissions are MARPOL compliant.
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Europe: The leading market for scrubber system
In this report, the scrubber system market has been analyzed with respect to five regions, namely, Europe, Asia Pacific, North America, South & Central America, and the Middle East & Africa. The European region is projected to hold the largest market share in the global scrubber system market in 2023. The IMO has set a global limit for sulfur in fuel oil used on board ships of 0.50% m/m (mass by mass) from 1 January 2020, which means that shipping companies are liable to take measures to mitigate sulfur oxide emissions generated by their ships. Meanwhile, the objective of Europe’s proposed 20-20-20 target is 20% increase in energy efficiency, 20% reduction of CO2 emissions, and 20% of the region’s energy from renewables by 2020. All these factors are expected to boost the scrubber system market in the European region.
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the scrubber system market. These players include DuPont (US), Alfa Laval (Sweden), Yara Marine (Norway), Wärtsilä (Finland), and B&W (US). The leading players adopted various strategies to increase their market shares such as contracts & agreements, new product launches, and mergers & acquisitions.
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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MarketsandMarkets™ INC.
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USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com

Thursday, May 21, 2020

Oil Accumulator Market To Reach $617.1 Million by 2023 | Leading key players are Hydac, Parker Hannifin, Eaton, Freudenberg, Bosch Rexroth, Nippon Accumulator

The report "Oil Accumulator Market by Type (Bladder, Piston, and Diaphragm), Pressure Rating (Up to 6,000 Psi and Above 6,000 Psi), Onshore vs Offshore, Application (Blowout Preventer & Well Head Control, Offshore Rigs, and Mud Pumps), and Region - Global Forecast to 2023", The oil accumulator market is expected to grow from an estimated USD 488.5 million in 2018 to USD 617.1 million by 2023, at a CAGR of 4.78%, during the forecast period. The market is set to witness growth because of the digital revolution in the oil & gas industry and shale gas exploration in the US.
                                                                    
Browse 82 market data Tables and 31 Figures spread through 124 Pages and in-depth TOC on "Oil Accumulator Market - Global Forecast to 2023"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84277665

Bladder segment is expected to be the largest oil accumulator market, by type, in 2018.
The bladder segment of the oil accumulator market, by type, is expected to be the largest market from 2018 to 2023. Factors such as high investment in onshore and offshore industries are driving the oil accumulator market. The strong market share of bladder accumulators is attributed to high preference of customers for this type of accumulator, which is further expected to continue holding the largest share in the future with new API regulations. Another advantage of bladder accumulators is that it can be used for almost many offshore applications and has high durability compared with other types.

Up to 6,000 PSI segment is expected to be the fastest oil accumulator market, by pressure ratings, during the forecast period.

The up to 6,000 PSI segment is expected to be the fastest growing oil accumulator market from 2018 to 2023. This is due to various factors, including rising investments in the oil & gas industries. Consumption of accumulators of pressure ranges up to 6,000 psi is higher because of the application of multiple units in place of a single unit to avoid idle time during production or drilling; this is expected to drive the up to 6,000 PSI segment of the oil accumulator market.

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North America: Largest oil accumulator market during the forecast period.

In this report, the oil accumulator market has been analyzed with respect to 5 regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America. North America is the largest oil accumulator market, by region, during the forecast period. Digitalization in the oil & gas industry, shale gas exploration in the US, and supportive government plans are expected to drive the market for oil accumulators in this region. The US and Canada are the leading countries, among others, which are likely to contribute to the growth of the oil accumulator market in North America.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the oil accumulator market such as Hydac (Germany), Parker Hannifin (US), Eaton (Ireland), Freudenberg (Germany), Bosch Rexroth (Germany), and Nippon Accumulator (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.

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

Tuesday, May 19, 2020

Generator Sales Market Revenue Is Anticipated to Reach $29.3 billion by 2024 | Leading key players are Caterpillar, Cummins, Rolls-Royce, Mitsubishi, Yanmar, Kohler

According to new research report "Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous), Power Rating (<100 KVA, 100-350 KVA, 350-1000-2500 KVA, 2500-5000 KVA, >5000 KVA), End-User (Residential, Commercial, Industrial)- Global Forecast to 2024" The generator sales market is expected to grow from an estimated USD 22.3 billion in 2019 to USD 29.3 billion by 2024, at a CAGR of 5.60% during the forecast period. The market is set to grow due to the rising demand for uninterrupted and reliable power from all end-users, as some of the best power grids are also subject to downtime.                                                 
generator-sales-market12
Browse 82 market data Tables and 35 Figures spread through 148 Pages and in-depth TOC on "Generator Sales Market- Global Forecast to 2024"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47544335
On the basis of fuel type, the diesel segment is expected to hold the largest share of the market.
The diesel segment is expected to dominate the generator sales market during the forecast period. Long running life, easy parts and fuel availability, capacity to handle varying loads, and quick response time have helped the diesel generator market to acquire the largest share. This segment is primarily driven by the increased demand for standby power from data centers, IT facilities, and healthcare infrastructure.
This research report categorizes the generator sales market by fuel type, application, end-user, power rating, and region
On the basis of fuel type, the generator sales market has been segmented as follows:
  • Diesel
  • Natural Gas
  • Others (LPG, propane, and bio-diesel)
On the basis of application, the generator sales market has been segmented as follows:
  • Standby
  • Prime & Continuous
  • Peak Shaving
On the basis of end-user, the generator sales market has been segmented as follows:
  • Industrial
  • Commercial
  • Residential
On the basis of by power rating, the generator sales market has been segmented as follows:
  • Below 100 kVA
  • 100–350 kVA
  • 350–1,000 kVA
  • 1,000–2,500 kVA
  • 2,500–5,000 kVA
  • Above 5,000 kVA
On the basis of region, the generator sales market has been segmented as follows:
  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America
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The industrial segment is expected to be the fastest growing generator sales market, by application, during the forecast period.
The industrial segment is expected to grow at the highest CAGR from 2019 to 2024. The market is primarily driven by the increased need for generators from oil & gas, power generation, and chemical industries. The growth of the industrial end-user segment can be attributed to the rapid industrialization in developing countries such as India, Bangladesh, Taiwan, Algeria, and Nigeria. Moreover, increased investments in natural gas exploration and refineries are likely to boost the generator sales market. Also, the rising development of infrastructure in countries such as Saudi Arabia, the UAE, and Algeria are likely to impact the industrial segment during the forecast period positively.
Asia Pacific: the leading generator sales market
In this report, the generator sales market has been analyzed with respect to 5 regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is expected to lead the generator sales market, by region, during the forecast period. Asia Pacific consists of developing countries such as India, Bangladesh, and Taiwan. The growing manufacturing sectors in these countries is expected to be the main driver. Also, the growth of the IT and healthcare sectors in China, Australia, India, Singapore, and South Korea has played a significant role in the growth of the generator sales market in Asia Pacific. Nearly all the countries in the region are augmenting their oil & production capacity. China and India are investing heavily in their offshore projects. This has led to a rise in investments in the oil & gas sector which is expected to drive the growth of the Asia Pacific generator sales market.
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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 generator sales market. The key players include Caterpillar (US), Cummins (US), Rolls-Royce (UK), Mitsubishi (Japan), Yanmar (Japan), and Kohler (US). The leading players are adopting various strategies to increase their share in the generator sales 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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Well Intervention Market is Projected to Reach $11.6 billion by 2024 | Leading players are Schlumberger, Halliburton, NOV, Weatherford, BHGE

According to new research report "Well Intervention Market by Service (Logging & Bottomhole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift), Type (Light, Medium, Heavy) Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2024", is projected to reach USD 11.6 billion by 2024 from an estimated USD 8.8 billion in 2019, at a CAGR of 5.7% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from the Asia Pacific are the driving factors for the well intervention market, globally. The well intervention activities are fundamental requirements while well completion, production, and well abandonment, which creates opportunities for growth of the market.

Browse 88 market data Tables and 54 Figures spread through 189 Pages and in-depth TOC on "Well Intervention Market - Global Forecast to 2024"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1099

The stimulation segment is expected to be the fastest growing well intervention market, by service, during the forecast period.  

The stimulation segment, by service, well intervention market is estimated to grow at the fastest rate during the forecast period. This is mainly because of the continuous demand for stimulation services from new shale development activities in North America. Moreover, the process of well stimulation addresses the major challenge of wax formation in the producing wells. There are two types of remedial stimulation methods, hydraulic fracturing, and matrix treatments. The demand for hydraulic fracturing is robust worldwide, with high growth from North, South, and Central America, making them lucrative markets. Such factors propel the growth of stimulation operations in the well intervention market.

well-intervention-market14
The light intervention segment is expected to dominate the well intervention market, by intervention type, during the forecast period. 

Light well intervention is carried out using wireline, slickline, or coiled tubing units. These are generally done to service the downhole equipment such as pumps or valves and to gather bottom-hole temperature, flow, and pressure data. The increasing capital expenditure trend from upstream operators to optimize the production of oil & gas from the existing wells is the driving force for the light intervention market during the forecast period.

Request for Sample Pages of the Report @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=1099

This research report categorizes the market based on type, service type, operation type, application, well type, and region.

Based on Service, the market has been segmented as follows:
  • Logging & Bottomhole survey
  • Tubing/Packer failure & repair
  • Stimulation
  • Sand Control
  • Zonal Isolation
  • Artificial Lift
  • Fishing
  • Re-perforation
  • Others (Water shut off, casing repair, horizontal well sand control, well abandonment, sand washing, and paraffin, asphaltene, and hydrates removal)
Based on the Intervention Type, the market has been segmented as follows:
  • Light
  • Medium
  • Heavy
Based on Application, the market has been segmented as follows:
  • Onshore
  • Offshore
    • Shallow Water
    • Deep-water
    • Ultra-deep Water
Based on well Type, the market has been segmented as follows:
  • Vertical
  • Horizontal  
Based on the Region, the market has been segmented as follows:
  • North America
  • Asia Pacific
  • South & Central America
  • Europe
  • Middle East
  • Africa
North America: The largest well intervention market.

In this report, the well intervention market has been analyzed for six regions, namely, North America, South & Central America, Europe, Asia Pacific, Middle East, and Africa. According to the IEA, the US is determined to become the net exporter of energy by 2020 and to fulfill this objective; the oil production is being increased across the nation. Moreover, the US is the top explorer and producer of shale oil and gas. The old oil & gas fields in the Permian Basin and Bakken Ford require the intervention operations to enhance the productivity of the wells. Thus, North America dominated the well intervention market in 2018.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the well intervention market.

Some of the key players are Schlumberger (US), Halliburton (US), NOV (US), Weatherford (US), and BHGE (US). The leading players are adopting various strategies to increase their share in the well intervention market. Contracts & agreements have been a widely adopted strategy by the major players in the well intervention 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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

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.
self-healing-grid-market1
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.


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"

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.


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).

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