Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The global renewable drones market is expected to grow USD 148 million by 2025, at a CAGR of 27.1% during the forecasting period. Some of the key players are DJI Enterprise (China), Terra Drone (Japan), Aerodyne Measure (US), and DroneDeploy (US).The leading players are adopting various strategies to increase their share in the renewable drones market.
The global commercial water heaters market size is expected to grow a size of USD 7.7 billion by 2026, at a CAGR of 6.1% during the forecasting period, To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the comercial water heaters such as A.O. Smith Corporation (US), RHEEM Manufacturing Company (US), Rinnai Corporation (Japan), Solahart Industries (Australia), Carrier Global (US), Stiebel Eltron (Germany), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Danfoss (Denmark), Valliant Group (Germany), American Water Heaters (US), Daikin (Japan), Mitsubishi Electric (Japan), Andrewes Water Heaters (Baxi Heating) (UK), and more.
The Oilfield Integrity Management Market is expected to grow from USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1% during the forecast period. The oilfield integrity management market is dominated by a few global players, mainly from the North American region. The key players in the oilfield integrity management market include companies such as Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Siemens (Germany), Emerson (US), IBM (US), and Oracle (US).
The global enhanced oil recovery market size is expected to grow USD 59.4 billion by 2025, at a CAGR of 6.5% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Royal Dutch Shell Plc (Netherlands), BP Plc(UK). The leading players are adopting various strategies to increase their share in the enhanced oil recovery market.
The Coiled Tubing Market is expected to grow from USD 3.0 billion in 2020 to USD 4.0 billion by 2025, at a CAGR of 5.8% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), NexTier Oilfield Solutions (US), Weatherford (Switzerland), and Baker Hughes (US). The leading players are adopting various strategies to increase their share in the coiled tubing industry. New product launches, and contracts & agreements have been a widely adopted strategy by the major players in the coiled tubing market.
The Asia Pacific Generator Sales Market is expected to grow from USD 6.8 billion in 2020 to USD 8.8 billion by 2025, at a CAGR of 5.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Asia Pacific generator sales market. The major players in the Asia Pacific generator sales industry are Caterpillar (US), Cummins (US), Generac (US), Wärtsilä (Finland), Mitsubishi Heavy Industries (Japan), Rolls-Royce Holdings (UK), Yanmar (Japan), Siemens (Germany), Weichai Group (China), and Sterling & Wilson (India). These players are adopting various strategies to increase their share in the Asia Pacific generator sales market. Contracts & agreements, and new product launches have been a widely adopted strategy by the major players in the generator sales industry.
The COVID-19 Impact on Smart Grid Market is expected to grow from USD 26.9 billion in 2020 to USD 28.8 billion by 2021 at a CAGR of 7.1% from 2020 to 2021 during the forecast period. Some of the major players in the smart grid industry are GE (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Itron (US), Landis+Gyr (Switzerland), Aclara (US), Cisco (US), OSI (US), IBM (US), Wipro (India), Oracle (US), Honeywell (US), S&C Electric Company (US), Eaton (Ireland), Kamstrup (Denmark) and Trilliant Holdings (US), among others.
The COVID-19 Impact on the Battery Energy Storage Market is expected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2021, at a CAGR of 13.7% during the forecast period. The Asia Pacific region is projected to be the fastest growing market for battery energy storage during the forecast period. The market in Asia Pacific is expected to witness a moderate decline due to COVID-19 during the forecast period. The region is the largest market for battery energy storage systems and home to some of the fastest growing economies in the world. Asia Pacific also plans for electrification in remote areas, which are majorly off-grid in several countries. The governments of various countries are focusing on minimizing the adverse effects of the energy sector on the environment. Some of the major battery energy storage system manufacturers based in Asia Pacific are Samsung SDI, LG Chem, Hitachi, Panasonic, and NEC Corporation.
The renewable energy market is expected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021 at a compound annual growth rate (CAGR) of 22.7% during the forecast period.Key players in the global renewable energy market include Siemens Gamesa (Spain), Goldwind (China), General Electric (US), Orsted (Denmark), Canadian Solar (Canada), Jinko Solar (China), Vestas (Denmark), and SolarEdge (Israel). These players have broad industry coverage and high operational and financial strength.
The precision source measure unit market is expected to grow from USD 394 million in 2019 to USD 637 million by 2024, at a compound annual growth rate (CAGR) of 10.1 % during the forecast period.The major players in the precision source measure unit market are Tektronix (US), Keysight Technologies (US), National Instruments (US), Chroma ATE (Taiwan), Yokogawa Electric (Japan), Rohde & Schwarz (Germany), VX Instruments (Germany), and Osilla (UK).
The global function generators market size is projected to reach USD 1.9 billion by 2024 from an estimated market size of USD 1.4 billion in 2019, at a CAGR of 6.1% during the forecast period. The factors driving the market growth is the growing adoption of high-performance and power-efficient devices for aerospace, defense & government services along with investments in automotive (electric vehicles) sector due to the concern towards the hazardous environmental effect.
The Electronic Load Market is expected to grow from USD 3.0 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 6.3% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the electronic load market. These include Keysight Technologies (US), AMETEK (US), National Instruments (US), Chroma ATE (Taiwan), and Teledyne Technologies (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The global PXI SMU market size is projected to reach USD 267 million by 2024, from an estimated USD 124 million in 2019, growing at a CAGR of 16.5% during the forecast period. The key players operating in this market include National Instruments (US), Keysight Technologies (US), Chroma ATE (Taiwan), VX Instruments (Germany), Marvin Test Solutions (US), and LitePoint a Teradyne Company (US).
The DC Power Supplies Market is expected to grow from USD 361 million in 2019 to USD 454 million by 2024, at a CAGR of 4.7% during the forecast period. To offer an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players such as AMETEK (US), Keysight Technologies (US), TDK Lambda (Japan), Chroma ATE (Taiwan), Good Will Instrument (Taiwan), Rohde & Schwarz (Germany), and B&K Precision (US), Tektronix (US), and MEAN WELL (Taiwan).
The global digital multimeter market size is expected to grow USD 1,047 million by 2024, growing at a CAGR of 4.3% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the digital multimeter market. These include Fluke Corporation (the US), Tektronix (US), Keysight Technologies (US), Yokogawa (Japan), Gossen Metrawatt (Germany), and Hioki (Japan). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.
The water cut monitors market is expected to grow from USD 188 million in 2019 to USD 241 million by 2024, at a compound annual growth rate (CAGR) of 5.0% during the forecast period.To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Water Cut Monitors market. They are Weatherford (Switzerland), Emerson (US), Phase Dynamics (US), and Ametek Inc. (US). The leading players are trying to enter the market of developing economies and are adopting various strategies to increase their market shares.
The global power monitoring market is expected to grow USD 5.2 billion by 2024, at a CAGR of 6.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Schneider Electric (France), ABB (Switzerland), Eaton (Ireland), Siemens (Germany), General Electric (US), Emerson (US), Rockwell Automation (US), Mitsubishi Electric (Japan), Omron (Japan), Yokogawa (Japan) along with other prominent providers of power monitoring technology.
The small hydropower market is expected to grow from USD 2.6 billion in 2019 to USD 3.0 billion by 2024, at a compound annual growth rate (CAGR) of 2.4% during the forecast period.To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the small hydropower market. These include Voith (Germany), ANDRITZ (Austria), GE Renewable Energy (France), Toshiba (Japan), Siemens(Germany), BHEL (India), Gilbert Gilkes & Gordon (UK), and Flovel (India). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The North America Well Intervention Market is expected to grow from USD 3.0 billion in 2019 to USD 4.2 billion by 2024, at a CAGR of 6.5% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), C&J Energy Services (US), Weatherford (US), BHGE (US), and Superior Energy Services (US). The leading players are adopting various strategies to increase their share in the North America well intervention market. New product & technology launches have been a widely adopted strategy by the major players in North America well intervention market.
The motor soft starter market is expected to grow from USD 1.7 billion in 2019 to USD 2.3 billion by 2024, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.. These include ABB, Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), and Rockwell Automation, Inc. (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The power-to-gas market is expected to grow from USD 26 million in 2019 to USD 42 million by 2024, at a compound annual growth rate (CAGR) of 10.1% during the forecast period.To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Hydrogenics (Canada), ITM Power (UK), McPhy Energy (France), Siemens (Germany),MAN Energy Solutions (Germany), Nel Hydrogen (Norway), ThyssenKrupp (Germany), Electrochaea (Germany), Exytron (Germany), and GreenHydrogen (Denmark) along with other prominent providers of power-to-gas technology.
The floating production storage and offloading market is expected to grow from USD 19.5 billion in 2019 to USD 26.0 billion by 2024, at a compound annual growth rate (CAGR) of 5.9% during the forecast period.To offer an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Bumi Armada (Malaysia), Shell (Netherlands), BP (UK), ExxonMobil (US), Petrobras (Brazil), Chevron (US), MODEC (Japan), Teekay (Bermuda), SBM Offshore (Netherlands), and BW Offshore (Norway).
The global lead acid battery market is expected to grow USD 41.6 billion in 2019, at a CAGR of 4.7% during the forecast period. The report includes the profiles of some of the top players in the lead acid battery market to enable an in-depth understanding of the competitive landscape. Some of the key players are EnerSys (US), Exide Industries (India), GS Yuasa (China), Clarios (US), Panasonic (Japan), Chaowei Power (China), Narada Power (China), HBL Power Systems (India), Crown Battery (US), NorthStar (Sweden), Hitachi Chemical (Japan), Exide Technologies (US), Teledyne Technologies (US), East Penn (US), Hankook AltasBX (Korea), HOPPECKE (Germany), C&D Technologies (US), Rolls Battery (Canada), Camel Power (Malaysia), Amara Raja Power System (India), XUPAI Battery (China), Okaya Power (India), Leoch International Technology (Hong Kong), Harbin Coslight Power (China), and First National Battery (South Africa). The leading players are adopting various strategies to increase their share in the lead acid battery market.
The heat-shrink tubing market is projected to reach USD 2.3 billion by 2024 from an estimated USD 1.8 billion in 2019, at a CAGR of 5.3% during the forecast period. The major players in the heat-shrink tubing market are TE Connectivity (Switzerland), 3M (US), Sumitomo Electric (Japan), ABB (Switzerland), HellermannTyton (West Sussex), Alpha Wire (US), Woer (China), Qualtek (US), Panduit (US), Zeus (US), Guanghai Materials (China), Thermosleeve (US), Insultab (US), Dasheng Heat Shrinkable Material (China), and Changchun Heat Shrinkable Materials (China).
The geospatial solutions market is expected to grow from USD 239.1 billion in 2019 to 502.6 billion by 2024, at a compound annual growth rate (CAGR) of 13.2% during the forecast period.The report includes the profiles of some of the top players in the geospatial solutions market to enable an in-depth understanding of the competitive landscape. Some of the key players are HERE (the Netherlands), Esri (US), Hexagon (Sweden), Atkins Plc (UK), Pitney Bowes (US), Topcon (Japan), DigitalGlobe Inc (Maxar Group) (US), General Electric (US), Harris Corporation (US), Google (US), Bentley (UK), Geospatial Corporation (US), Baidu (China), Telenav (US), TomTom International B.V. (the Netherlands), Apple (US), Oracle (US), Microsoft (US), Amazon (US), IBM (US), SAP (US), China Geo-Engineering Corporation (CGC) (China), RMSI (India), and Orbital Insights (US). The leading players are adopting various strategies to increase their share in the geospatial solutions market.
The transmission sales market is expected to grow from USD 15.2 billion in 2019 to USD 18.7 billion by 2024, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.The report includes the profiles of some of the top players in the transmission sales market to enable an in-depth understanding of the competitive landscape. The key players in the transmission sales market include Caterpillar, Inc. (US), GE (US), Siemens (Germany), Gazprom (Russia), and Cummins (US). The leading players are adopting various strategies to increase their share in the transmission sales market.
The volt/VAr management market is expected to grow from USD 427 million in 2019 to USD 568 million by 2024, at a compound annual growth rate (CAGR) of 5.9% during the forecast period.To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the volt/VAr management market. Some of the key players in the volt/VAr management market include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), GE (US), Eaton (Ireland), Open System International (US), Utilidata (US), Varentec (US), and Landis+Gyr (Switzerland). The leading players are adopting various strategies to increase their shares in volt/VAr management market.
The ultrasonic flow meter market is projected to reach a size of USD 2.1 billion by 2024, at a CAGR of 6.5% from an estimated USD 1.5 billion in 2019. This growth can be attributed to factors such as increasing green field investments in China, rise in demand for advanced flow measuring technologies, and increase in shale gas exploration activities in the US.Siemens (Germany), Danfoss (Denmark), Fuji Electric (Japan), Badger Meter (US), GE (US), Endress+Hauser (Switzerland), Honeywell (US), and KROHNE (Germany).
The Europe power rental market is projected to reach USD 2.3 billion by 2024 from an estimated USD 1.6 billion in 2019, at a CAGR of 7.1% during the forecast period. The growth of the Europe power rental can be attributed to the expansion of IT and data center and growing investment in the construction industry. The major players in the Europe power rental market are Caterpillar, Inc. (U.S.), Aggreko, PLC (U.K.), Atlas Copco (Sweden), Bredenoord (Netherland), and Loxam (France). Between 2014 and 2018, the companies adopted growth strategies such as new product launches, contracts & agreements, mergers & acquisitions, and expansions to capture a larger share of the Europe power rental market.
The global well casing & cementing market is projected to reach USD 11.7 billion by 2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the forecast period. Increasing drilling operations have increased the demand for well casing & cementing.Halliburton (US), Schlumberger (US), BHGE (US), Weatherford (US), NOV (US), Tenaris (Luxembourg), Vallourec (France), TMK Group (Russia), Trican (Canada), Nabors Industries (Bermuda), Frank’s International (Blackhawk Specialty Tools) (Netherlands), Innovex Downhole Solutions (US), and Centek Group (UK).
The global industrial wastewater treatment service market is projected to reach USD 28.0 billion by 2024 from an estimated USD 20.8 billion in 2019, at a CAGR of 6.1% during the forecast period. This growth can be attributed to factors such as growing government policies and legislative mandates for illegal discharge of wastewater into the environment, need for policy and standards compliance, and need for adhering to the Zero Liquid Discharge (ZLD) initiatives. The major players in the global industrial wastewater treatment service market are Veolia (France). SUEZ (France), Xylem (US), Thermax Group (India). Ecolab (USA), Pentair (UK), Evoqua Water Technologies (USA), WOG Group (USA), SWA Water Holdings (Australia), Aries Chemical (USA), Terrapure Environmental (Canada), and Golder Associates (Canada).
The global low voltage dc circuit breaker market is projected to reach a size of USD 1.5 billion by 2024, at a CAGR of 5.68%, from an estimated USD 1.2 billion in 2019. Some of the key players are ABB (Switzerland), Eaton (US), SIEMENS AG (Germany), Schneider Electric (France), Larsen and Toubro, and Hitachi (Japan). The leading players are adopting various strategies to increase their shares in the low voltage DC circuit breaker market.
The DC Circuit Breaker market is projected to reach a size of USD 3.2 billion by 2024 at a CAGR of 6.54%, from an estimated USD 2.3 billion in 2019. This growth can be attributed to the growth in electrical network infrastructure, increasing investments in the transmission & distribution infrastructure, increasing demand for reliable and secure power supply, and increasing investments in renewable power generation.ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Toshiba (Japan), Larsen & Toubro (India), Mitsubishi (Japan), Powell (US), Rockwell Automation (US), Fuji Electric (Japan), CG Power (India), ENTEC Electric & Electronic (South Korea), and BRUSH Group (UK).
The global pipeline integrity market is projected to reach USD 2.1 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth can be attributed to the huge investment pool in the pipeline business, increased government mandate and regulations for pipeline assessment, concern over environment impact, the safety of pipelines and energy infrastructure, and increased focus on the remote management of oil & gas pipeline for process optimization & automation.Rosen (Switzerland), Baker Hughes, a GE Company (US), NDT Global (Germany), T.D. Williamson (US), SGS (Switzerland), Schneider Electric (France), Emerson (US), Applus (Spain), Altus Intervention (Malaysia), Enermech (UK), Intertek (UK), IKM Gruppen (Norway), and Lin Scan (UAE).
The Europe variable frequency drives market is projected to grow from an estimated USD 5.2 billion in 2019 to USD 6.4 billion by 2024, at a CAGR of 4.13% during the forecast period. This growth can be attributed to factors such as increasing investments in the energy and construction industries and government regulations in reducing greenhouse gas emissions.ABB (Switzerland), Eaton (Ireland), Schneider (France), Siemens (Germany), Danfoss (Denmark), Fuji (Japan), Rockwell (US), Yaskawa (Japan), CG Power and Industrial Solutions (India), Hitachi (Japan), WEG SA (Brazil), and TMEIC (Japan).
The global meter data management system market is projected to reach a size of USD 428 million by 2023, at a CAGR of 20.48%, from an estimated USD 169 million in 2018. This growth can be attributed to factors such as growing government policies and legislative mandates for smart meters, need for grid reliability, and need for accurate utility bill generation.are Itron (US), Siemens (Germany), Landis+Gyr (Switzerland), Honeywell (US) and Schneider Electric (France), ABB (Switzerland), Eaton (Ireland), Kamstrup (Denmark), DIEHL (Germany), and Alcara (US).
The global valve remote control system market is projected to reach USD 8.0 billion by 2023 from an estimated USD 6.4 billion in 2018, at a CAGR of 4.73%. This can be attributed to the growth in power generation, increasing investments in the petrochemical and chemical infrastructure, and the rise in demand for automation and predictive maintenance from the manufacturing industriesEmerson (US), Rotork (UK), Wartsila (Finland), KSB (Germany), and Nordic (Singapore).
The global North America engines market is projected to reach USD 3.7 billion by 2023, at a CAGR of 4.52% from an estimated USD 2.9 billion in 2018. This growth can be attributed to the demand for reliable and uninterrupted power supply and commercial vessels. The rise in demand for commercial vessels is due to the increase in seaborne trade.Caterpillar (US), Cummins (US), John Deere (US), Rolls-Royce (UK), Volvo (Sweden), Wartsila (Finland), Kohler (US), Mitsubishi (Japan), Doosan (South Korea), and MAN (Germany).
The global low voltage protection and control market is projected to reach a size of USD 19.8 billion by 2025, at a CAGR of 5.97%, from an estimated USD 13.2 billion in 2018. This growth can be attributed to factors such as growth in the demand for renewable energy sources, growing per capita consumption of energy, and safe and secure electrical systems.ABB (Switzerland), Eaton (Ireland), Fuji Electric co. ltd (Japan), Hitachi (Japan), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), Yaskawa (Japan), CHINT Group (China), WEG SA (Brazil), Legrand (France), Toshiba (Japan), and Emerson Electric Co. (US).
The Middle Eastern temporary power market is projected to reach USD 1,102 million by 2023 at a CAGR of 12.12% from an estimated USD 622 million in 2018, whereas the Middle Eastern temporary cooling market is projected to reach a size of USD 305 million by 2023 at a CAGR of 5.78% from an estimated USD 230 million in 2018. This growth can be attributed to the lesser turnaround time, expansion of IT and data center projects, rise in GDP contribution from the non-oil sectors, and growing construction and infrastructure investments.Aggreko (UK), RSS (UAE), Altaaqa (UAE), Cummins (Saudi Arabia), Byrne (UAE), Johnson Controls (Ireland), Geo Rental (UAE), and Argonaut (UAE).
The global microgrid control system market is projected to reach a size of USD 3.6 billion by 2023 at a CAGR of 13.01%, from an estimated USD 2.0 billion in 2018. This growth can be attributed to the growth in renewable power generation, increasing investments in the transmission & distribution infrastructure, rise in the energy demand and limitations of space availability in densely populated urban areas, and government initiatives toward improving electricity access.The major players in the global microgrid control system market are ABB (Switzerland), GE (US), Siemens (Germany), Schneider (France), Eaton (Ireland), Emerson (US), Spirae (US), Schweitzer Engineering Laboratories, Inc. (US), ETAP (US), S&C Electric (US), Woodward, Inc. (US), PowerSecure (US), RT SOFT (Germany), and Ontech Electric Corporation (China).
The global gas-insulated substation market is projected to reach a size of USD 29.5 billion by 2023, at a CAGR of 9.27%, from an estimated USD 18.9 billion in 2018. This can be attributed to the growth in renewable power generation, increasing investments in the transmission & distribution infrastructure, the rise in energy demand and limitations of space availability in densely populated urban areas, and government initiatives toward improving electricity access. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the gas-insulated substation market. The key players include ABB (Switzerland), Siemens (Germany), Toshiba Corporation (Japan), Siemens (Germany), and Hitachi (Japan). The leading players are adopting various strategies to increase their shares in the gas-insulated substation market.
The global bag filters market is projected to reach a size of USD 10.2 billion by 2023, at a CAGR of 5.54%, from an estimated USD 7.8 billion in 2018. This growth can be attributed to factors such as growth in the cement and mining industry, requirement of a safe working environment in industries, and environment and safety regulations set by different governments to reduce air pollution. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the bag filter market. Some of the key players are Babcock & Wilcox (US), Eaton (Republic of Ireland), Donaldson (US), Camfil Farr (Sweden), and Parker Hannifin (US). The leading players are adopting various strategies to increase their shares in the bag filter market.
The global AC electric motor sales in oil & gas industry market is projected to reach a size of USD 13.2 billion by 2023, at a CAGR of 4.62%, from an estimated USD 10.5 billion in 2018. This growth can be attributed to the automation in oil & gas sector, transition to energy efficient motors in oil & gas industry.The major players in the global AC electric motor market, are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell (US), WEG (Brazil), Toshiba Corporation (Japan), General Electric (US).
The global oil & gas sensors market is projected to reach a size of USD 9.4 Billion by 2023 from an estimated USD 7.4 billion in 2018 at a CAGR of 4.81%. This growth can be attributed to the increasing demand for sensors due to capacity addition in the refinery sector and the growth in the IoT sector. The major players in the global oil & gas sensors market are Emerson (US), ABB (Switzerland), Siemens (Germany), Rockwell (US), Honeywell (US), Fortive (US), and General Electric (US), among others. Honeywell
The global MV protection relay market is projected to reach a size of USD 1,115 million by 2023, at a CAGR of 5.33%, from an estimated USD 860 million in 2018. This growth can be attributed to the upgrading of existing substation and feeder line protection, expansion of transmission & distribution (T&D) networks, and growth of the renewable sector. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the MV protection relay market. The key players include ABB (Switzerland), GE (US), Schneider Electric (France), Siemens (Germany), and SEL (US). The leading players are adopting various strategies to increase their shares in the MV protection relay market.
The global lighting contactor market is estimated to be USD 737.8 million in 2018 and is projected to reach USD 1,111.0 million by 2023, at a CAGR of 8.53% from 2018 to 2023. Increasing adoption of IoT in the lighting industry and rising demand for energy-efficient lighting systems are the major drivers of the lighting contactor market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the lighting contactor market. The key players in the market include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell Automation (US), and Eaton (Republic of Ireland). The leading players are trying to expand in developing economies and are adopting various strategies to increase their market shares.
The global heat meters market is expected to grow from an estimated USD 849.1 million in 2018 to USD 1,218.9 million by 2023, at a CAGR of 7.50%. In 2017, the market in Asia Pacific is estimated to be the largest, followed by Europe. Factors such as requirement for accurate measurement of heat consumption, legislative mandates to install heat meters, and increased savings through heat conservation are driving the market for heat meters. The global heat meter market is dominated by a few major players that have a wide regional presence. The leading players in heat meters market are Siemens (Germany), Diehl (Germany), Danfoss (Denmark), Kamstrup (Denmark), and Wasion Group (China). New product development was the most commonly adopted strategy by the top players. This was followed by investments & expansions and contracts & agreements.
The overall power supply market is expected to grow from USD 25.20 billion in 2018 to USD 34.92 billion by 2023, at a CAGR of 6.7%. Growing adoption of home and building automation systems, emerging telecommunications sector, increasing demand for energy-efficient devices/appliances are the key factors driving the growth of this market. Major players operating in the power supply market include MEAN WELL (Taiwan), TDK Lambda (Japan), Siemens (Germany), General Electric (US), XP Power (US), Murata Power Solutions (Japan), Artesyn (US), Phoenix Contact (Germany), Delta Electronics (Taiwan), Cosel (Japan), PULS (Germany), CUI (US), Acbel Polytech (Taiwan), Salcom (Finland), LITE-ON Power System Solutions (US), FSP (Taiwan), Power Innovation (Germany), MTM Power (Germany), and Power Systems & Controls (US).
The global Industrial Gearbox market is estimated to grow from USD 25.91 billion in 2018 to USD 31.90 billion by 2023, at a CAGR of 4.25% during the forecast period. The growth in the industrial gearbox market is driven by the increasing automation in manufacturing industries such as automobile, food processing, and agriculture machinery. In addition, increasing investments in renewable power generation, with a skew towards wind power, is driving the market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the industrial gearbox market. These players include Siemens AG (Germany), Bonfiglioli Italia S.P.A (Italy), Bondioli & Pavesi (Italy), Sew-Eurodrive (Germany), and Dana Brevini (Italy).