Monday, February 25, 2019

Portable Generator Market by Power Plant Control System Market 2018 Strategy Resources, Manufacturers, Growth Factor, Share, Supply and Forecast to 2023



According to the new market research report "Portable Generator Market by Fuel Type (Gasoline, Diesel, Gas), Application (Emergency, Continuous), Power Rating (<5 kW, 5–10 kW, > 10 kW), End-User (Residential, Commercial, Industrial), and Region - Global Forecast to 2022", the global portable generator market is projected to grow at a CAGR of 3.66% from 2017 to 2022. The global portable generator market is estimated to reach USD 1.91 billion, which is projected to reach USD 2.28 billion by 2022. The North American market is estimated to be the largest for portable generators, followed by Asia Pacific in 2017. This trend is expected to continue till 2022. The growth of the portable generator market is driven by the increase in demand for uninterrupted and reliable power supply.


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Major strategies adopted by the players include new product launches and expansions and investments. New product launches was the most commonly adopted strategy from 2014 to February 2017. The key integrated portable generator players include Honda (Japan) and Briggs & Stratton (US). 

Honda, as it is popularly known, is a Japanese conglomerate and manufactures automobiles, engines, power equipment, aircraft, robots, and motorcycles. The company has a global presence and operates in four segments, namely, the motorcycle business, the automobile business, power products and other businesses, and the financial services business. The power products and others segment consist of general purpose engines, generators, tillers, lawnmowers, snow throwers, and others. The company mainly focuses on new product launches as its key strategy. In 2017, the company launched the new EM10000 generator which delivers 9,000W/240 AC suitable for worksites and farms. The new generator has features such as liquid crystal screen, hour meter, output voltmeter, battery voltmeter, and error coding.

Target Audience:
·         Portable generator manufacturing companies
·         Manufacturers associations
·         Petrol and diesel engine manufacturers
·         Suppliers of parts and components for engines and generators
·         Institutional investors
·         Government and research organizations


Briggs & Stratton is one of the largest manufacturers and engine designers of outdoor power equipment. The company operates in two segments, namely, engines and products. The product segment of the company provides portable and standby generators, pressure washers, lawn and garden power equipment, turf care products, and many more. The company manufactures gasoline engines for power products such as lawn mowers, snow blowers, pressure washers, portable gasoline generators, and construction equipment. New product launches is one of the common strategies adopted by the company. For instance, in January 2017, Briggs and Stratton launched Bluetooth enabled portable generators. The company offers 8,000 Watt Elite series portable generators with StatStation for monitoring the comfort of offices and homes.

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Massive Changes Expected by Power Plant Control System Market 2017 Strategy Resources, Manufacturers, Growth Factor, Share, Supply and Forecast to 2022

According to the new market research report "Power Plant Control System Market by Solution (SCADA, PLC, DCS), Application (Boiler, Turbine, Generator, Balance of Plant, Reactor), Component, Plant Type (Coal, Natural Gas, Hydroelectric, Nuclear, Oil, Renewables), and Region - Global Forecast to 2022", the power plant control system market is projected to reach USD 6.22 billion by 2022, growing at a CAGR of 5.78%, from an estimated USD 4.70 billion in 2017. The growth of the power plant control system market is majorly driven by the increase in alternative energy programs, the increase in the buoyant power sector and augmented power generation capacities worldwide, and government initiatives toward industrial automation.


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The market in Saudi Arabia is expected to be the fastest growing market in the Middle East for power plant control systems, during the forecast period. The government of Saudi Arabia is planning to restructure the country’s electricity network and has proposed to increase its electricity generating capacity to 120 GW, by 2032 to meet the rapidly growing electricity demand. The Saudi Electricity Company (SEC) plans to reduce its electricity generation from crude oil by switching to natural gas. The country also plans to add 41 GW of solar power, 18 GW of nuclear power, and 4 GW from other renewable sources to increase its generation capacity.  The “Saudi Arabia’s Vision 2030” plans to produce 9.5 GW of its power from renewable sources in the coming six years. To drive the plan the country strategize to set up 30 solar and wind projects by 2023 with the total expected investment between USD 30 to 50 billion. Thus, increasing investments in the renewable energy sector are likely to enhance the power plant control system market in Saudi Arabia.

The report segments the power plant control system market, by solution, into Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Plant Asset Management (PAM), and Plant Lifecycle Management (PLM). The SCADA segment is expected to grow at the highest CAGR during the forecast period owing to the increasing investments in large-scale renewable power projects where SCADA systems are implemented excessively.


The power plant control system market, by component, is segmented into hardware, software, and services. The hardware segment has been further classified into controller, input-output devices, workstations, and networking hardware. The hardware segment is expected to grow at the highest CAGR during the forecast period. This segment is primarily driven by controllers which is an important module of the hardware segment and implemented in all industrial equipment of the power plants.

The power plant control system market, by plant type, is segmented into the coal-based power plant, nuclear power plant, hydroelectric power plant, natural gas-based power plant, oil-based power plant, solar power plant, wind power plant, and biofuel power plant. The solar power plant segment is expected to grow at the highest CAGR during the forecast period due to large investments in commercial-scale solar power projects in the Middle East and Asia Pacific.

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The power plant control system market, by application, is segmented into boiler and auxiliaries control, turbine and auxiliaries control, generator excitation and electrical control, and others. The others segment includes rod control, reactor control, and balance of plant control. The generator excitation and electrical control segment is expected to grow at the highest CAGR during the forecast period owing to the strict grid code across all countries where power injected to the grid is maintained by the generator and electrical control system.

Thursday, February 21, 2019

Concentrating Solar Power Market to register highest CAGR of 10.3% over 2016-2021



According to the new market research report "Concentrating Solar Power Market by Technology (Parabolic Trough, Power Tower, Linear Fresnel & Dish/Engine system), Components (Solar field, Power Block, and Thermal Storage), End-User (Utilities, EOR & Others ), and Region - Global Forecast to 2021", the concentrating solar power market is expected to grow at a CAGR of 10.3% from 2016 to 2021, to reach a market size of USD 10.96 billion by 2021. Growing environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies and dispatchability of power are the major drivers of the concentrating solar power market.

The concentrating solar power market is dominated by a few global players that have an extensive regional presence and are established brand names. Leading players in the concentrating solar power industry include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others.

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The power tower segment is estimated to be the fastest growing market for concentrating solar power from 2016 to 2021. A power tower utilizes many large, sun-tracking mirrors to focus sunlight on a receiver at the top of a tower, a heat transfer fluid in the receiver aids in steam generation generate steam to produce electricity. Parabolic trough segment has maximum market share in total CSP market. The main reason behind maximum share is falling price of solar CSP and at par solar irradiance in Middle East & Africa and Asia-Pacific region. 
Utility scale power generation is estimated to be the fastest growing market by end user segment for concentrating solar power during the forecast period. Concentrating solar power are largely applicable for utility scale power generation owing to the ability of dispatchable power potential. Based on end-user, the utilities segment is estimated to be the fastest growing market during the forecast period. Demand for utilities is mainly driven in off grid areas with high solar irradiance in Asia-Pacific and Middle East & African countries.


The Middle East & African market is projected to be the largest growing for concentrating solar power installations from 2016 to 2021. The Middle East & African market’s growth is driven by power generation, enhanced oil recovery and desalination industry operations. Morocco, Saudi Arabia, UAE, and Oman are expected to witness significant growth during the forecast period.  Morocco is one of the most attractive market for CSP installations and has many CSP projects under development and in the pipeline.

Progressing Cavity Pump Market Size to Surpass $3.6 billion by 2029, exhibiting a CAGR of 5.0%

According to a research report " Progressing Cavity Pump Market by Power Rating (Up To 50 Hp, 51–150 Hp, Above 150 Hp), Pumping Capaci...