Small Modular Reactor Market Size, Share, Trends and Future Growth Predictions till 2030

According to a research report "Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Deployment (Single, Multi), Connectivity (Grid, Off-grid), Location (Land, Marine), Application (Power Generation, Desalination, Industrial), Coolant and Region - Global Forecast to 2030" published by MarketsandMarkets, the small modular reactor market size will grow to USD 7.0 billion by 2030 (forecasted year) from USD 5.7 billion in 2022 (estimated year), at a CAGR of 2.7% during the forecast period.

The small modular reactor market has promising growth potential due to the low cost of SMRs due to modularization and factory construction. The global small modular reactor market is driven by the growing need for clean, reliable, and flexible power generation and helps in integration with variable renewable energy.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5001546

The light-water reactor segment is expected to dominate the small modular reactor market, by reactor type, during the forecast period.

The light-water reactor segment holds the largest share of the small modular reactor market. Light-water reactor segment is also expected to be the fastest growing and this dominance of the segment can be attributed to the is the most commonly adopted SMR technology owing to factors such as low technological risks and ease of licensing, as regulators and developers are familiar with this technology.

The land segment is expected to be the largest small modular reactor market, by location, during the forecast period.

The small modular reactor market, by location, is divided into land and marine, wherein the land segment accounts for a largest share. The potential for the underground deployment of land reactors, enhanced protection from natural hazards, improved seismic capability, and higher thermal efficiencies are a few of the major growth drivers for the land segment. These SMRs also have simpler licensing processes compared with marine SMRs.

The Asia Pacific likely to emerge as the fastest growing small modular reactor market

In this report, the small modular reactor market has been analyzed for four regions, namely, Americas, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is a significant contributor to the small modular reactor market in the current scenario owing to a large number of SMR projects in China. For instance, various SMRs projects, such as the CAP200, the ACP100, the ACPR50S, and the HTR-PM, are being developed, in China. Furthermore, The region has witnessed a rapid growth in electricity demand in recent years due to the growing population, increasing per capita income, and a growing number of petrochemical refineries, coupled with urbanization. These factors are further expected to boost the adoption rate of SMR technologies.

Ask Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=5001546

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

Some of the key players are GE Hitachi Nuclear Energy (US), Moltex Energy (Canada), NuScale Power, LLC. (US), Terrestrial Energy Inc. (Canada) and Westinghouse Electric Corporation (US). The leading players are adopting various strategies to increase their share in the small modular reactor market.

Hydrogen Generation Market Soaring at 10.5% CAGR to Reach $263.5 Billion by 2027

Hydrogen Generation Market is projected to grow from USD 160 billion in 2022 to USD 263.5 billion by 2027, at a CAGR of 10.5%, according to a new report by MarketsandMarkets™. The factors driving the growth for Hydrogen Generation Market is increasing hydrogen demand in the petroleum refineries and for the application of transportation and electricity sectors.

Browse in-depth TOC on "Hydrogen Generation Market"

298 – Tables 
61 – Figures
280 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=494

Green Hydrogen is estimated to be the fastest growing in the source segment.

The Hydrogen Generation Market, by source, is segmented into Blue hydrogen, Gray hydrogen and Green hydrogen. Green hydrogen is estimated to have the largest market share and is expected to grow at the highest rate during the forecast period. The higher growth rate of this segment is because it is considered as useful fuel and emits low-carbon while generation.

The petroleum refinery segment is expected to be the most significant Hydrogen Generation Market, by application.

The Hydrogen Generation Market, by application, is segmented into Refinery, Ammonia Production, Methanol Production, Transportation, Power Generation. The petroleum refinery segment accounted for the largest share of 10.7% of the Hydrogen Generation Market in 2021. The rising applications of hydrogen in oil refineries to foster demand for hydrogen is expected to drive the petroleum refineries segment during the forecast period.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=494

Asia Pacific is expected to be fastest growing region the global Hydrogen Generation Market

The Asia Pacific is estimated to be the fastest market for the Hydrogen Generation Market, followed by North America. The North America is projected to be the second fastest-growing market during the forecast period. The oil refining and chemical industries and transportation and electricity sectors are experiencing significant demand for hydrogen in this region.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Hydrogen Generation Market. These players include Siemens (Germany), Linde plc (Ireland), ENGIE (France), Air Liquide (France), and Air Products Inc. (US).

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=494 

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

Related Reports:

Hydrogen Energy Storage Market by State (Gas, Liquid, Solid), Technology (Compression, Liquefaction, Material Based), Application (Stationary Power, Transportation), End User (Electric Utilities, Industrial, Commercial), Region - Global Forecast to 2027

Power-to-gas Market by technology (Electrolysis and Methanation), Capacity (Less than 100 kW, 100–999kW, 1000 kW and Above), End-User (Commercial, Utilities, and Industrial), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2024

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, "Knowledge Store" 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 

Smart Port Market Huge Growth, Trends, Revenue And In-Depth Analysis 2027

 

According to a research report “Smart Port Market by Technology (IoT, Blockchain, Process Automation, Artificial Intelligence), Elements (Terminal Automation, PCS, Smart Port Infrastructure), Throughput Capacity, Port Type – and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global smart port market size will grow to USD 5.7 billion by 2027 from USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. Growing maritime trade activities internationally across industries, Growing decarbonization of the maritime industry which increases the health benefit and reduce carbon emission globally, hence these are driving the demand for smart ports globally. As the real-time geospatial data improve a large number of port operations such as it improved the freight operations by increasing visibility and assisting shipping companies which will help to navigate the current supply chain and it helped to grow the smart port market. Moreover, the fourth industrial revolution, referred to as Industry 4.0 (4IR), is the cyber-physical transformation of manufacturing also creating demand for the smart port as the primary application of 4IR was for smart factories so it will help in increasing the demand for the smart port market. An example of 4IR technology used in the ports is Dongwon Global Terminal (DGT) which is selected for CyberLogitec’s terminal operating system (TOS) so it is used for fully automated Busan New Port terminal, with using current technology such as Big data and Internet of Things (IoT). As the government initiatives in the development of smart port infrastructure which is made to opportunities for growth of the smart port market. In the current scenario as new technology develops so it was helping to upgrade the existing port with a large amount of development in the new port. As per this opportunity, the European Union (EU) is involved to upgrade and developing new ports because of commodities that are imported and exported, and around exchange within the EU.

The smart port market includes prominent Tier I and Tier II manufacturers like IBM, ABB, General Electric, Accenture, and Siemens. These companies have their manufacturing facilities spread across Europe, North America, Asia Pacific, and other regions. Technology like the Internet of Things (IoT) which is involved machine learning, sensor, connectivity, process, and people. The software which has the Internet of Things (IoT) is the amongst the largest share of technology in the smart port industry. This technology is used to increase the efficiency of the smart port and the growth of these industries is expected to also lead to the growth of the smart port market.

Download PDF Brochure – https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=165784113

The port type segment is expected to dominate the smart port market, by seaport, during the forecast period.

There are two types of port types such as seaport and inland port. A seaport is a protected area on a sea location where ships stop to load and unload cargo. As the increasing seaborne trade activities help the growth of the smart port industry. According to UNCTADs Global Commerce Update, which was published in July 2022, the value of global trade grew to a record USD 7.7 trillion in Q1 2022, a rise of approximately USD 1 trillion from Q1 2021. Rising commodity prices, which represent an increase of about USD 250 million from Q4 2021, are the main factor driving the rise since trade volumes have climbed to a noticeably lesser level. The Seaport footprints will need to expand by up to 3,689 square kilometers (1,424 square miles) globally over the next three decades to account for both sea level rise and rising demand, according to a report released by Earths Future in 2020.

Smart Port Market

The throughput capacity segment is expected to be the largest and fastest growing market, of extensively busy ports, during the forecast period.

There are three types of throughput capacity segments such as extensively busy ports, moderately busy ports, and scarcely busy ports. As the extensively busy ports handle a capacity of more than 19 million TEU per year. There is some region in which there are some ports globally that come under extensively busy ports such are the region China, Singapore, & South Korea which are the major corridor for trade activities. These ports have the smart infrastructure and have made significant investments in port features such as terminal automation, cargo handling, port community systems, smart infrastructure, and safety and security.

The Asia Pacific likely to emerge as the largest smart port market

The Asia Pacific region accounted for the largest share of the smart port market in 2021. The region is experiencing rapid development fueled by the growth of major economies, such as China, Singapore, India, South Korea, Japan, Hong Kong, Indonesia, and Australia. It is a dominant region in the smart port industry. It is also considered a lucrative region for maritime trade. As the increase in seaborne trade has subsequently led to an increase in demand for ships that are used to transport manufactured goods to various regions globally. The growth of the smart port industry decreased as a result of the Covid-19 pandemic in 2020 which directly impacted this region, which declined by around 1.5% in 2020. The rise in the number of ships will contribute to the growth of propulsion systems and engines in the Asia Pacific region. As per the Journal of Commerce’s annual list of the top 50 container ports in the global in these Asia Pacific has been ranked the 9th out of the 10. Regarding port development, the ports in these regions have grown in tandem with the economic development of most countries which reflecting the region has the fastest economic growth. The Organization for Economic Cooperation and Development (OECD) projects that by 2050, the volume of maritime trade will have tripled, raising the demand for global freight. The Asia Pacific region has an increasing number of ports each year, and those that already exist are expanding. This is because the majority of cargo transit occurs via maritime routes. The program aims to boost the effectiveness of the regions current port facilities through automation, information technology, streamlining of work procedures, the use of new equipment, and employee training. It will help to grow in the smart port industry and drive forward.

Request Sample Pages – https://www.marketsandmarkets.com/requestsampleNew.asp?id=165784113

The smart port market is dominated by major players that have a wide regional presence. Some of the key players in the smart port market are IBM (US), ABB (Switzerland), General Electric (US), Accenture (Ireland), Siemens (Germany), Trelleborg (Sweden), Wipro (India), Port of Rotterdam (Netherlands), and Royal HaskoningDHV (Netherlands).

Combined Heat and Power Market to Penetrate Untapped Regions During 2021 – 2026

New Revenue Pockets:

The global Combined Heat and Power Market is expected to grow from an estimated USD 26.6 billion in 2021 to USD 35.2 billion by 2026, at a CAGR of 5.8% during the forecast period. Gas turbine, followed by reciprocating engine, is widely used in CHP.

Increased trend of distributed power generation is creating huge opportunity for gas turbine-based CHP market are expected to offer lucrative opportunities for the CHP market during the forecast period.

Asia Pacific is expected to grow at the highest CAGR during the forecast period. Asia Pacific region has been segmented, by country, into China, India, Japan, South Korea, Australia, and Rest of Asia Pacific. Rest of Asia Pacific includes Malaysia, Thailand, Philippines, and Indonesia). The region is the most populated region in the world and is expected to become the largest CHP deploying region globally.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=26572447

The conventional method of producing usable heat and power separately has a typical combined efficiency of 45%, where CHP systems can operate at levels as high as 80%. CHP can be implemented for different types of prime movers, such as gas turbines, steam turbines, reciprocating engines, fuel cells, and microturbines. CHP is also called cogeneration, and it can be used in an individual facility/building or a district energy/utility resource. The technology is typically employed at facilities where there is a need for electricity and thermal energy. It provides benefits such as a reduction in dependency on grid support due to on-site electricity generation, enhanced reliability, reduced costs of energy and initial setup, increased resiliency against power disruption, and reduction in harmful emissions. Critical electrical and thermal loads can be handled by CHP systems during grid power outages. Micro turbines are a type of combustion turbine that produces both heat and electricity on a relatively small scale.

The CHP market, by capacity, into up to 10 MW, 10-150 MW, 151-300 MW, and above 300 MW. The CHP market, by prime mover, into gas turbine, steam turbine, reciprocating engines, fuel cell, microturbines and, and others (stirling engine and combined cycle power plants). The CHP market, by fuel, into coal, natural gas, biogas/biomass, nuclear, diesel, and others (biodiesel and geothermal). The CHP market, by end user, into utilities, residential, commercial, and industrial.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=26572447

The 10-150 MW segment is expected to hold the highest market share during the forecast period. This segment consists of larger CHP plants mainly with reciprocating engines such as gas and diesel engines as prime movers, particularly used by industrial, commercial, and utilities end users. The demand for diesel power engines in this segment comes from utility-scale diesel power plants, large industrial plants, captive generation, and independent power producers (IPPs).

The gas turbine market, by prime mover, is expected to hold the highest market share during the forecast period. The gas turbine segment accounted for the largest share of 32.9% in 2020. A gas turbine is a type of internal combustion (IC) engine where inlet air is compressed and sprayed with fuel. The mixture is thereafter ignited in a combustion chamber and allowed to flow at high temperature and pressure through the turbine. The gaseous mixture passes through the turbine nozzles, which further channelize the kinetic energy of the hot air flow onto the blades. The turbine blades, which are mounted on a rotor, rotate with the impact of the high-velocity air. The rotary motion is used to turn a shaft, which performs tasks such as driving an electric generator. Gas turbines are used for power generation and in the mechanical drives used by oil & gas and other industries.

The natural gas market, by fuel, is expected to hold the highest market share during the forecast period. The natural gas segment accounted for the largest market share of 53.4% in 2020. Natural gas is mostly used in gas engines for electricity generation, as it burns cleaner and has low carbon emissions compared with other types of fuels. It also emits low levels of nitrogen oxide, sulfur dioxide, and particulate matter. The consumption of natural gas has led to rising concerns over global warming.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=26572447

The industrial market, by end user, is expected to hold the highest market share during the forecast period. The sector is also the largest consumer of delivered energy; according to BP Energy Outlook, the sector consumes around 50% of the world’s total delivered energy every year. In industrial sectors such as chemicals, oil & gas, pharmaceuticals, and food & beverages, energy is used for a variety of applications, including steam and cogeneration, heating and air conditioning for buildings, and process heating. Countries such as China and India are going through rapid industrialization and have introduced several policies to support industrial growth, including initiatives to ensure adequate power supply.

Industrial Control Transformer Market Development Opportunities Accelerate in 2027

According to new market research report "Industrial Control Transformer Market by Power Rating (25-500 VA, 500-1,000 VA, 1,000-1,500 VA, above 1,500 VA), Primary Voltage (Up to 120 V, 121 - 240 V, above 240 V), Frequency (50 Hz and 60 Hz), Phase, End User and Region - Global Forecast to 2027" The global industrial control transformer market size will grow to USD 1.2 billion by 2027 from USD 0.9 billion in 2022, at a CAGR of 5.0% during the forecast period. Rising energy consumption across industries, increasing usage of industrial control transformers in major industries, hence these are driving the demand of industrial control transformer globally. Moreover, growing manufacturing industry and booming chemical industry also creating demand for industrial control transformers. According to BASF report 2021, Global chemical production (excluding pharmaceuticals) is expected to grow by 3.5% in 2022, slower than last year (2021) growth of 6.1%, it will still be higher than the average for the years preceding the COVID-19. For instance, the US, chemical production forecast is significantly stronger in 2022 which is 4.5% compared to 1.8% in 2021, following the production halts brought on by poor weather the previous year. Along with statistical base effects, it is anticipated the rising demand is particularly from the automobile, energy, and consumer goods industries therefore growth in chemical industry giving rise to opportunities for growth of the industrial control transformer market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96246259

The industrial control transformer market includes prominent Tier I and Tier II manufacturers like ABB, Schneider Electric, General Electric, Siemens, and Eaton. These companies have their manufacturing facilities spread across Europe, North America,  Asia Pacific and the other regions. Power generation industries followed by other industries (food & beverage, pulp & paper, glass, cement and water & wastewater), metal & mining and chemical industries are the amongst the largest end user of industrial control transformer. The growth of these industries is expected to also lead to the growth of the industrial control transformer market.

The three-phase segment is expected to dominate the industrial control transformer market, by phase, during the forecast period.

Three phase transformers have three sets of primary and secondary windings. They are employed in three phase motors for large industrial applications because of their high power capability. These transformers enable the smooth operations of heavy equipment. These transformers are used in the chemical, power, and other industrial and mining sectors to power a range of general machinery, including compressors, pumps, crushers, cutting tools, and other mechanical equipment. Compared to single phase industrial control transformers, three phase industrial control transformers are more effective in controlling the power for high industrial loads. Therefore, demand for industrial control transformer in three phase segment is increasing.

The above 1,500 VA segment is expected to be the largest market, by power rating, during the forecast period. 

Above 1,500 VA power rating transformers are majorly used in the oil & gas and power generation sectors. Equipment, such as draft fans, compressors pumps, and drillers are required in the power generation industry. These equipment need to operate at a uniform voltage based on the requirement. Pumps are used in the oil & gas industry to extract fluid from underneath the ground and are required to sustain harsh environments. The pumping operations need to be regulated accurately, as any voltage inconsistencies can lead to an explosion. above 1,500 VA industrial control transformers ensure smooth and safe operations of equipment across industries, which is fueling the growth of the 1,500 VA segment. The rise in the new oil & gas exploration operations, the introduction of methods for enhanced oil recovery, and the need to replace aging infrastructure in power plants are the key factors expected to drive the growth of the above 1,500 VA segment.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=96246259 

Asia Pacific likely to emerge as the largest industrial control transformer market

The Asia Pacific region accounted for the largest share of the industrial control transformer market in 2021. The region is experiencing rapid development fueled by the growth of major economies, such as China, India, South Korea, Japan, Indonesia, and Australia. According to the International Monetary Fund (IMF), the region’s economy grew by 6.5% in FY2021 and is expected to increase by 5.7% in FY2022. Electricity generation is perceived as an essential service and was hence less affected by the coronavirus pandemic in 2020. The increased demand for power in Asia is driven by China and India. In a report by the International Energy Agency, demand for electricity in the Asia Pacific region is expected to have grown by 8% in 2021, from a low of 2% in 2020. This growth is led mainly by China and India and the countries contributed individual shares of 10% each to the demand for electricity in the region. Except for Japan, most countries in the region are expected to witness a continued rise in demand till 2024.

The industrial control transformer market is dominated by major players that have a wide regional presence. Some of the key players in the industrial control transformer market are ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), General Electric (US), Hubbell (US), Rockwell Automation Inc., (US), and Broadman Transformers (UK).

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

Electric Traction Motor Market Size to Reach $22.2 Billion by 2027 – Historical and Future Challenges

According to the new market research report "Electric Traction Motor Market by Type (AC and DC), Power Rating (Below 200 kW, 200-400 kW, and Above 400 kW), Application (Railways, Electric Vehicles, Elevators, Conveyors, and Industrial Machinery) and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Electric Traction Motor Market is projected to reach USD 22.2 billion by 2027 from an estimated market size of USD 12.3 billion in 2022, at a CAGR of 12.6% during the forecast period. The increase in demand for high-performance motors, favorable government policies and subsidies, and the rise in investments in the railway sector are likely to drive the market growth.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248269129

The AC segment is expected to be the fastest growing segment, by type, during the forecast period

The AC electric traction motor segment is expected to be the fastest growing segment by type for electric traction motors during the forecast period. AC electric traction motors are simple to construct and do not require any additional mechanical contacts such as brushes to work. They are more efficient and less expensive to manufacture. Therefore, the demand for AC electric traction motors is likely to increase in the market during the forecast period.

Browse in-depth TOC on "Electric Traction Motor Market" 
196 – Tables 
48 – Figures 
185 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/electric-traction-motor-market-248269129.html 

Below 200 kW is expected to be the fastest growing segment in the Electric Traction Motor Market, by power rating, during forecast period

By Power rating, below 200 kW segment is expected to dominate the Electric Traction Motor Market from 2022 to 2027. The rising investment in electric vehicles is one of the major factors driving the growth of this segment. Electric vehicles that use these motors include Plug-In Hybrid Vehicles (PHEVs), Hybrid Electric Vehicles (HEVs), Battery Electric Vehicles (BEVs), electric two wheelers, and electric buses.

Asia Pacific: Projected to be the largest market for electric traction motors during the forecast period

Asia Pacific is projected to have largest market across the global for electric traction motor during forecast period from 2022 to 2027. Rising investments in electric vehicles and rolling stock is the key factor driving the Electric Traction Motor Market in Asia Pacific.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=248269129 

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Electric Traction Motor Market. These players include Siemens Energy ABB (Switzerland), Mitsubishi Electric Corporation (Japan), TOSHIBA CORPORATION (Japan), General Electric (US), and Siemens (Germany).

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

Browse Related Reports:

Motor Soft Starter Market by Voltage (Low and Medium), Rated Power (Up to 750 W, 751 W–75 kW, Above 75 kW), Application (Pumps, Fans, Compressors), Industry (Oil & Gas, Water and Wastewater, Power Generation, Mining), and Region - Global Forecast to 2024 
https://www.marketsandmarkets.com/Market-Reports/motor-soft-starter-market-117691183.html 

Motor Control Centers Market by Type (Intelligent, Conventional), Voltage (Low, Medium), End-User, Standard, Component, Region (Asia Pacific, North America, Europe, South America, and the Middle East & Africa) - Global Forecast to 2025 
https://www.marketsandmarkets.com/Market-Reports/motor-control-centers-market-227058918.html 

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, "Knowledge Store" 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: sales@marketsandmarkets.com

Lithium Iron Phosphate Batteries Market 2022 New Report Size, Trends, Share, Growth Forecast By 2027

According to a new market research report "Lithium Iron Phosphate Batteries Market by Design (Cells, Battery Packs), Capacity, Industry (Automotive, Power, Industrial, Aerospace, Marine), Application (Portable, Stationary), Voltage (Low, Medium, High) & Region - Global forecast to 2027", published by MarketsandMarkets™, the global Lithium Iron Phosphate Batteries Market is projected to reach USD 24.6 billion by 2027 from an estimated market size of USD 13.0 billion in 2022, at a CAGR of 13.7% during the forecast period. The market is majorly drive by increasing adoption of EVs while the adoption of renewable energy storage systems offers lucrative growth opportunities.

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

100,001–540,000 mAh: The largest segment of the Lithium Iron Phosphate Batteries Market, by capacity

The Lithium Iron Phosphate Batteries Market, by capacity, is segmented into 0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh and 100,001–540,000 mAh. The 100,001–540,000 mAh segment is expected to hold the largest size of the market for lithium iron phosphate batteries. The high market share of this segment can be attributed to the increasing production of EVs to accommodate the growing demand.

Browse in-depth TOC on "Lithium Iron Phosphate Batteries Market"

262 – Tables 
49 – Figures 
225 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/lithium-iron-phosphate-batteries-market-77659282.html 

The automotive segment is expected to be the most significant Lithium Iron Phosphate Batteries Market, by industry

The Lithium Iron Phosphate Batteries Market, by industry, is segmented into automotive, power, industrial, aerospace, marine and others. Others include medical and telecommunications industries. The enhanced demand from the automotive industry, especially from the EV application is expected to drive the growth of the segment.

Asia Pacific is expected to dominate the global Lithium Iron Phosphate Batteries Market

The Asia Pacific region is expected to account for the largest share of the global Lithium Iron Phosphate Batteries Market, followed by Europe. The Asia Pacific region is also projected to be the fastest-growing market during the forecast period. The dominance of the Asia Pacific region can be attributed to the presence of top market players in China and the increasing adoption of sustainable transportation solutions such as EVs.

Request Sample Pages: 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 players in the Lithium Iron Phosphate Batteries Market. These players include BYD Company Ltd. (China), Contemporary Amperex Technology Co., Limited. (China), K2 Energy (US), A123 Systems (US) And Lithium Werks Inc. (China).

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, "Knowledge Store" 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