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 overall hydraulic dosing pump market is estimated to grow from USD 771.8 million in 2018 to USD 949.3 million by 2023, at a CAGR of 4.23%. The hydraulic dosing pump market is driven by factors such as the growing demand from the chemical industry and rising investments in the water & wastewater treatment industry. Growth in demand from the oil & gas sector is expected to boost the demand for hydraulic dosing pumps. The increasing implementation of smart dosing technologies coupled with refining capacity additions in the Asia Pacific and the Middle East present great opportunities for the hydraulic dosing pump market. To enable an in-depth understanding of the competitive landscape, the report includes the profiling of some of the key players in the hydraulic dosing pump market. These players include Dover Corporation (US), Grundfos (Denmark), SPX Flow (US), IDEX Corporation (US), and LEWA (Germany). Leading players are trying to establish themselves in the markets of developing economies and are adopting various strategies to increase their market shares.
The global intelligent completion market is estimated to be USD 1.61 billion in 2018 and is projected to reach USD 2.16 billion by 2023, at a CAGR of 6.05%. Increase in production of oil & gas wells and improved economical and operational benefits are the major drivers of the intelligent completion market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the intelligent completion market. The key players in the market are Schlumberger (US), Halliburton (US), BHGE (US), Weatherford (US), and National Oilwell Varco (US). These leading players are trying to expand in developing economies and are adopting various strategies to increase their market shares.
The global steam boiler system market is projected to reach a market size of USD 21.63 billion by 2023, at a CAGR of 4.13%, from an estimated USD 17.66 billion in 2018. This growth can be attributed to the increase in the use of steam boilers in manufacturing and process industry globally. Moreover, to support the rise in demand for power from manufacturing industries new power plants are being setup which is further increasing the demand for steam boiler system. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the steam boiler system market. The key players include Bosch (Germany), GE (US), Alfa Laval (Sweden), Thermax (India), Cochran (UK), Viessmann (Germany), and Doosan (South Korea). The leading players are adopting various strategies to increase their shares in the steam boiler system market.
The global blockchain in energy market is projected to reach a market size of USD 7,110.1 million by 2023, at a CAGR of 78.32%, from an estimated USD 394.3 million in 2018. This growth can be attributed to the Increasing popularity of the blockchain technology in the energy sector, the need to manage infrastructure and other business functions through high transaction speeds and immutability, and the rising security concerns across the globe. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the blockchain in energy market. The key players include Microsoft (US), Accenture (Ireland), IBM (US), Infosys (India), and SAP (Germany). The leading players are adopting various strategies to increase their shares in the blockchain in energy market.
The global flame arrestors market is estimated to be USD 713.8 million in 2018 and is projected to reach USD 924.7 million by 2023, at a CAGR of 5.31%. Stringent safety norms and regulations in industries and the growing demand for shale gas and tight oil are expected to the drive the growth of the flame arrestors market.Some of the leading players in the flame arrestors market include Emerson (US), Braunschweiger Flammenfilter (Germany), Elmac Technologies (UK), Protectoseal (US), and Tornado Combustion Technologies (US). Contracts & agreements were the most commonly adopted strategy by the top players in the market from 2014 to 2018. It was followed by new product developments.
The global utility drones market is estimated to be USD 110.2 million in 2018 and is projected to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Rising demand for minimizing outages related to transmission & distribution infrastructure, focus on time and cost efficiency, and reachability in hazardous locations are the major drivers of the utility drones market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the utility drones market. The key players in the market Cyberhawk (Scotland), Delair (France), Measure (US), PrecisionHawk (US), and HEMAV (Spain). The leading players are trying to expand in developing economies and are adopting various strategies to increase their market shares.
The global pressure switch market is projected to reach a market size of USD 2.09 billion by 2023, at a CAGR of 4.39%, from an estimated USD 1.69 billion in 2018. This growth can be attributed to the low cost of pressure switches coupled with their multi-functionality, increasing demand for electric vehicles, and increasing investments in the railways sector. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the pressure switch market. The key players ABB (Switzerland), Eaton (Ireland), Danfoss (Denmark), Schlumberger (US), and Parker (US). The leading players are adopting various strategies to increase their shares in the pressure switch market.
The global offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1 million by 2023, growing at a CAGR of 3.27% from 2018 to 2023. Offshore oil and gas discoveries in prominent countries and rise in demand for oil and gas are driving the offshore ROV market globally. Oceaneering (US), Subsea 7 (UK), Fugro (Netherlands), TechnipFMC (UK), Saipem (Italy), Forum (US), DOF (Norway), ECA (France), Deep Ocean Group (Norway), ISE (Canada), Deep Ocean Engineering (US), and AC-CESS (Scotland) are the key players in the market.
The boiler control market is estimated to reach a market size of USD 1.80 billion in 2018 and is projected to reach USD 2.42 billion, at a CAGR of 6.09%, from 2018 to 2023. Growing demand for energy-efficient control systems in power plants accompanied by the increasing share of renewable energy sources in power generation, mainly in Asia Pacific and European region, are the key factors driving the boiler control market, 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 boiler control market such as Siemens (Germany), ABB (Switzerland), Cleaver Brooks (US), Yokogawa (Japan), Schneider (France), and Emerson (US). Other key players in boiler control market include Honeywell (US), Bosch (Germany), MicromodmAutomation (US), and Spirax Sarco (US).
The oil accumulator market is estimated to reach a market size of USD 488.5 million in 2018 and is projected to reach USD 617.1 million by 2023, at a CAGR of 4.78%, from 2018 to 2023. Increase in exploration and production activities in countries such as China, India, Australia, US, and Indonesia are the key factors driving the oil accumulator market, 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 oil accumulator market such as Hydac (Germany), Parker Hannifin (US), Eaton (Ireland), Freudenberg (Germany), Bosch Rexroth (Germany), and Nippon Accumulator (Japan).
The global robotic drilling market is estimated to grow at a CAGR of 7.01% from 2018 to 2023, to reach at an estimated market size of USD 923.2 Million by 2023 from USD 658.0 Million in 2018 The increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher efficiency drilling and improved safety in rigs are the major factors driving the robotic drilling market growth. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some top players in the robotic drilling market, including Nabors (US), Precision (Canada), Weatherford (Switzerland), Huisman (Netherlands), and National Oilwell Varco (US).
The global grid-scale battery market is expected to be valued at USD 1.37 Billion in 2018 and is likely to grow at a CAGR of 33.52% during the forecast period to reach USD 5.82 Billion by 2023. The growth of this market can be attributed to the increasing investments in renewable energy, reducing costs of grid-scale batteries owing to technological advancements and expanded deployment, and government subsidies and regulations for enhancing energy efficiency. For an in-depth understanding of the competitive landscape, profiles of some of the top players in the grid-scale battery market have been included in the report. The major market players include LG Chem (South Korea), Samsung (South Korea), Panasonic (Japan), Fluence (US), Tesla (US), and BYD Company (China).
The global booster compressor market is projected to reach a market size of USD 2.39 Billion in 2023, growing at a CAGR of 4.50%, from an estimated USD 1.92 Billion in 2018. Booster compressors are used in different applications in industries such as air boosting, gas bosting, air separation, and compression of gases for storage and transportation. Thus, the growing industrialization in developing countries will create demand for booster compressors. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the booster compressor market. These players include Atlas Copco (Sweden), Ingersoll Rand (Republic of Ireland), Kaeser Kompressoren (Germany), SAUER Compressor (Germany) and BAUER Kompressoren (Germany). The leading players are trying to make inroads in the market in the developed economies and are adopting various strategies to increase their market shares.
The global digital fault recorder market is projected to reach USD 458.2 million by 2023, growing at a CAGR of 4.76% from an estimated USD 363.1 million in 2018. The growth of this market can be attributed to the growth in maximizing the reliability of power system and monitoring of electricity network. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the digital fault recorder market. These players include AMETEK.Inc. (US), DUCATI Energia Spa (Italy), ERLPhase Power Technologies Ltd. (Canada), Elspec LTD (Israel), General Electric Company (US), KoCoS Messtechnik AG (UK), Kinkei System Corporation (Japan), LogicLab s.r.l. (Italy), Prosoft-Systems Ltd. (Russia), Qualitrol Company LLC (US) and Siemens AG (Germany), The leading players are trying to increase their regional presence in the developed economies and are adopting various strategies to increase their market shares.
The gas insulated transformer market is projected to grow from USD 2.75 Billion in 2018 to USD 3.45 Billion by 2023, at a CAGR of 4.61%. Gas insulated transformers are compact in size and has no risk of oil leakage. These features has resulted in increasing demand of gas insulated transformers. The other factors such as rising electrical infrastructure investments and initiatives to improve electrification rate are further driving the gas insulated transformer market during the forecast period. To provide in-depth analysis of the competitive landscape, the report includes the profiles of some of the key players in the gas insulated transformer market, which include ABB (Switzerland), GE (US), Mitsubishi Electric (Japan), Siemens (Germany), Toshiba (Japan), and Arteche (Spain).
The global turboexpander market is expected to reach USD 390.8 Million by 2023 from ~FUSD 290.6 Million in 2018, at a CAGR of 6.61% during the forecast period. This market growth can be attributed to increasing share of natural gas in primary energy consumption and increasing focus of end users such as the manufacturing and oil & gas industries on energy efficiency. Turboexpanders are mainly used for the liquification of natural gases and in petrochemical applications such as hydrogen, nitrogen and ammonia purification and ethylene production. Increasing production of natural gas is expected to create the demand for turboexpander in hydrocarbon applications. So, rising natural gas production is expected to boost the demand for turboexpanders. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the turboexpander market including Atlas Copco (Sweden), BHGE (US), Cryostar (France), Air Products and Chemicals (US), and L.A. Turbine (US). These leading players are adopting various strategies to increase their market shares in the turboexpander market.
The global dehydrating breather market is projected to reach a market size of USD 501.8 Million by 2023 from an estimated USD 402.5 Million in 2018, at a CAGR of 4.51% during the forecast period. This growth can be attributed to the increase in investment of transmission and distribution infrastructure and increase in demand for protection of equipment. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the dehydrating breather market. These players include ABB (Switzerland), Siemens (Germany), Hubbell (US), Maschinenfabrik Reinhausen (MR) (Germany), and Des-Case (US). The leading players adopted various strategies such as new product launches and mergers & acquisitions to increase their market shares.
The PDC drill bits market is expected to grow from an estimated USD 3.66 Billion in 2018 to USD 4.54 Billion by 2023, at a CAGR of 4.41% during the forecast period. This growth can be attributed to factors such as increasing oil & gas drilling activities in the world and need for advanced techniques for faster drilling in less downtime. The report provides an in-depth understanding of the competitive landscape and includes profiles of some of the leading players in the PDC drill bits market. The key players include Schlumberger (US), BHGE (US), Halliburton (US), NOV (US), Varel (US), Atlas Copco (Sweden), Ultera (US), Drill Master International (US), Sichuan Chuanshi Diamond Bit (China), Torquato (US), Rubicon Oilfield International (US), and Western Drilling tools (Canada), Shear bits (Canada), Volgaburmash (Russia). These players adopted various strategies, such as new product launches, contracts & agreements, and mergers & acquisitions to increase their global presence and market share.
The global drilling and completion fluids market is projected to reach a market size of USD 12.76 Billion in 2023 from an estimated USD 9.62 Billion in 2018, at a CAGR of 5.82% during the forecast period. This growth can be primarily attributed to the increase in drilling activities for onshore and offshore, and rise in shale gas exploration. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the drilling and completion fluids market. These players include BHGE (US), Halliburton (US), Schlumberger (US), Canada Energy Services (Canada), and Newpark Resources (US). The leading players are trying to make inroads in the market in the developed economies and are adopting various strategies to increase their market shares.
The global cryogenic valve market is projected to grow at a CAGR of 4.51%, to reach a market size of USD 3.75 Billion by 2023 from USD 3.00 Billion in 2018. Rising trade of LNG and high demand for industrial gases are the major factors driving the cryogenic valve market. The rising LNG trade has led to the growing demand for storage and transportation of cryogenic gases, which in turn has boosted the demand for cryogenic valves. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the cryogenic valve market. These players include Schlumberger(US), Emerson (US), Parker (US), Flowserve (US), and Weir Group (Scotland). The leading players adopted various strategies to increase their market shares such as contracts & agreements, new product launches, and mergers & acquisitions.
The waste heat boiler market is estimated to reach a market size of USD 5.80 Billion in 2018 and is projected to grow at a CAGR of 6.72% from 2018 to 2023. The growing need for enhancing energy efficiency in industrial processes, mainly in developing regions such as Asia Pacific and the Middle East, is the key factor driving the waste heat boiler market 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 waste heat boiler market such as General Electric (US), Siemens (Germany), Thermax (India), CMI Group (Belgium), Amec Foster Wheeler (UK), and Nooter/Eriksen (US).
The global current transducer market is projected to reach a market size of USD USD 683.7 Million in 2023, growing at a CAGR of 3.31%, from an estimated USD 581.1 Million in 2018. This growth is primarily attributed to the increasing emphasis on renewable resources, control & monitoring systems, industrial automation, electric vehicles, and increasing use of energy storage machines.The use of the integrated system could act as a restraint for the current transducer market. The leading players in the current transducer market include LEM (Switzerland), CR Magnetic (US), NK Technologies (US), Veris Industries (US), and Phoenix Contact (US). The new product launch was the most commonly adopted strategy by the top players.
The global busbar protection market is expected to grow at a CAGR of 6.10%, from 2018 to 2023, to reach a market size of USD 4.31 Billion by 2023 from USD 3.20 Billion in 2018. The increasing investment to modernize the transmission & distribution infrastructure is the main driver for the growth of the busbar protection market. The development of digital protection relay (modern relay) is also fuelling the growth of the busbar protection market. Delays in grid expansion projects due to government regulations and environmental clearances is the main restraint for the busbar protection market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the busbar protection market. These players include ABB (Switzerland), Schneider Electric (France), GE (US), Siemens (Germany), Mitsubishi Electric (Japan), NR Electric (China), Toshiba (Japan), Eaton (Ireland), and ZIV (Spain).
The smart electric meter market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The increased need for efficient data monitoring systems, coupled with favourable government policies for a smart meter rollout is driving the market for smart electric meters. Other factors include improved cost savings, increased investment in smart grid projects in Europe and North America, and increased emphasis on renewable energy sources. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the smart electric meter market, such as Itron (US), Landis+Gyr (Toshiba Corporation) (Switzerland), Jiangsu Linyang (China), Wasion (China), Aclara Technologies (Hubbell Incorporated) (US), Schneider (France), Siemens (Germany), Honeywell (US), and Iskraemeco (Slovenia).
The global paralleling switchgear market reached a size of USD 1.10 Billion in 2017 and is projected to reach USD 1.55 Billion by 2023, growing at a CAGR of 5.82% from 2018 to 2023. Increasing investments in distributed generation, ageing and overburdening of power grids, and investments in industrial sectors such as power generation, oil & gas, telecommunication, construction, and mining in the Asia Pacific, the Middle East, and Europe are driving the market for paralleling switchgear. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the leading players in the paralleling switchgear market such as GE (US), Kohler (US), Caterpillar (US), Cummins (US), Rolls-Royce (UK), and Schneider Electric (France).
The global solar backsheet market is projected to grow at a CAGR of 7.02%, from 2018 to 2023, to reach a market size of USD 2.40 Billion by 2023, from an estimated market size of USD 1.71 Billion in 2018. The global market growth is driven by increasing global solar PV installations as well as policy support from governments to enable the adoption of renewable technologies, coupled with the rising need to reduce carbon emissions. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the solar backsheet market including Cybrid (China), Jolywood (China), Coveme (Italy), Krempel (Germany), and Hangzhou First (China).
The global electrical bushings market is estimated to be USD 2.45 Billion in 2018 and is projected to reach USD 2.96 Billion by 2023, growing at a CAGR of 3.86%, from 2018 to 2023. Rising electrical network expenditure and an increasing demand for electrical equipment from end-users such as railways and the renewable sector are the major drivers of the electrical bushings market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the electrical bushings market. The key players include ABB (Switzerland), Siemens (Germany), GE (US), Eaton (Ireland), and Nexans (France). The leading players are adopting various strategies to increase their market shares.
The global tension control market is estimated to be USD 891.4 Million in 2017 and is projected to reach USD 1,118.8 Million by 2022, growing at a CAGR of 4.65%, from 2017 to 2022. The increasing demand for automated tension control and the rising transition toward flexible printing & packaging from rigid packaging are driving the tension control market globally. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the tension control market. These include Maxcess (US), Montalvo (US), Erhardt+Leimer (Germany), FMS (Switzerland), Double E (US), Nireco (Japan), and Re (Italy). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global light management system market is estimated to be USD 11.66 Billion in 2018 and is projected to reach USD 21.51 Billion by 2023, growing at a CAGR of 13.03%, from 2018 to 2023. The growing demand for smart controls in building automation systems along with increasing adoption of energy-efficient lighting are the main factors driving the light management system market globally. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the light management system market. These players include GE (US), Philips Lighting (Netherlands), Eaton (Ireland), Zumtobel (Austria), and OSRAM (Germany). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global wire and cable management market reached a size of USD 15.82 Billion in 2017; it is projected to reach USD 25.26 Billion by 2023, growing at a CAGR of 8.36%, from 2018 to 2023. Increasing investments in infrastructure development activities, high demand from IT facilities and data centers, and growing urbanization in the developing regions of Asia Pacific the Middle East and Africa are driving the market for wire and cable management. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the wire and cable management market such as Legrand (France), Eaton (Ireland), Hellermann Tyton (England), Atkore (US), Panduit (US), and Obo Bettermann (Germany).
The global drilling tools market is projected to grow at a CAGR of 4.75%, from 2017 to 2022, to reach a market size of USD 8.61 Billion by 2022, from an estimated market size of USD 6.83 Billion in 2017. Increasing drilling activities, development of unconventional hydrocarbon resources coupled with high energy demand from Asia Pacific are driving the drilling tools market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the drilling tools market including Schlumberger (US), Halliburton (US), Weatherford (Switzerland), Baker Hughes GE (US), and National Oilwell Varco (US).
The mobile power plant market was valued at USD 1.27 Billion in 2016 and is estimated to grow at a CAGR of 4.56% from 2017 to 2022, to reach a market size of USD 1.73 Billion by 2022. The report provides an in-depth understanding of the competitive landscape and includes profiles of some of the leading players in the mobile power plant market. The key players include GE (US), Siemens (Germany), APR Energy (US), Kawasaki Heavy Industries (Japan), PW Power Systems (US), Metka (Greece), Solar Turbines (US), Turbine Technology Services (US), Vericor (US), Mapna (Iran), Meidensha (Japan), and Ethos Energy (UK). These players adopted various strategies such as new product launches, contracts & agreements, and investments and expansions to increase their global presence and market share.
The global turbine control system market is projected to reach a market size of USD 19.00 billion by 2023, growing at a CAGR of 4.66%, from an estimated USD 15.13 billion in 2018. This growth can be attributed to the growth of conventional power generation and increase in operational productivity of the turbines, in turn improving the efficiency of the power plant. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the turbine control system market. These players include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Emerson (US), and GE (US). The leading players adopted various strategies to increase their market shares such as contracts & agreements, new product launches, and mergers & acquisitions.
The global load break switch market is estimated to be USD 2.32 Billion in 2018 and is projected to grow at a CAGR of 6.16%, from 2018 to 2023, to reach a market size of USD 3.12 Billion by 2023. The load break switch market is driven by factors such as refurbishment of aging electrical infrastructure and increasing investment in power distribution sector. The growing renewable-based power generation is expected to boost the demand for load break switches. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the load break switch market. These include GE (US), Siemens (Germany), Schneider (France), Eaton (Ireland), and ABB (Switzerland). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global field-erected cooling tower market was valued at USD 1.72 Billion in 2016. The market is projected to grow at a CAGR of 3.78% from 2017 and reach USD 2.15 Billion by 2022. Field-erected cooling towers are of three types, namely, wet, dry, and hybrid field-erected cooling towers. The market is segmented based on design, end-user industry, and type of cooling towers. Based on the end-user industry, the market has been divided into hood power generation, petrochemicals and oil & gas, iron & steel and metallurgy, paper mills, and others. Others include HVAC and food & beverage industries. The design subsegments are further divided into natural draft, induced draft, and forced draft. Increasing demand from developing markets of Asia Pacific, growth in industrial activities worldwide, technological advancement in the field of field-erected cooling towers, and stringent environmental regulations are expected to drive the demand for field-erected cooling tower market globally. Key market players such as SPX (U.S.), Hamon (Belgium), and Enexio (Germany) dominated the market.
The global battery monitoring system market is projected to grow at a CAGR of 18.23%, during the forecast period, to reach a market size of USD 5.47 Billion by 2022, from an estimated USD 2.37 Billion in 2017. Market growth can be attributed to rising investments in data centers and growing renewable power generation globally. The increased operational efficiency of batteries and rising demand for electric vehicles are expected to boost the demand for battery monitoring systems. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the battery monitoring system market. These include NDSL (UK), Texas Instruments (US), PowerShield (New Zealand), BatteryDAQ (US), Canara (US), and Eagle Eye (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global recloser control market is estimated to reach a size of USD 1.12 Billion in 2017 and is expected to grow at a CAGR of 6.22% to reach USD 1.52 Billion by 2022. The expansion of distribution networks, increase in use of automated distribution techniques, and rise in the use of power protection equipment to increase reliability and reduce service outages are the main factors driving the recloser control market globally.Eaton (Ireland), Schneider (France), Siemens (Germany), Tavrida (Switzerland), and NOJA Power (Australia). These players have adopted growth strategies such as product launches, contracts & agreements, and expansions to capture a larger share in the recloser control market.
The global variable speed generator market is projected to reach USD 8.36 Billion by 2022, growing at a CAGR of 7.63%, from an estimated USD 5.79 Billion in 2017. This growth can be attributed to the increasing emphasis on alternative energy production across the globe, increasing government mandates over energy efficiency, and growing industrialization and urbanization.ABB (Switzerland), GE (US), Siemens (Germany), Wartsila (Finland), Cummins (US), and Rolls Royce (UK). Contracts & agreements was the most commonly adopted strategy by the top players. This was followed by new product launches, expansions and investments, and mergers & acquisitions.
The electrical SCADA market is expected to grow from an estimated USD 2.29 Billion in 2017 to USD 3.29 Billion by 2022, at a CAGR of 7.48%, during the forecast period. This growth can be attributed to factors such as increased investments in electrical networks and government initiatives toward the adoption of industrial automation. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the electrical SCADA market. These players include ABB (Switzerland), Schneider (France), Rockwell Automation (US), Yokogawa (Japan), Honeywell (US), Siemens (Germany), Larsen & Toubro (India), Mitsubishi (Japan), Emerson (US), Open system International (US), Advanced Control System (US), and Bentek Systems (Canada). These players adopted various strategies such as new product launches, contracts & agreements, and investments and expansions, to increase their global presence and market share.
The global self-healing grid market was valued at USD 1.58 Billion in 2016 and is projected to grow at a CAGR of 9.07%, during the forecast period, to reach USD 2.66 Billion by 2022. Government policies and legislative mandates for transmission & distribution utilities, complexity in distributed energy generation and the need to protect electric utilities from cyber attacks are the major factors driving the self-healing grid market. 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.
The global power system simulator market was valued at USD 785.3 Million in 2016 and is projected to reach USD 1180.6 Million by 2022, growing at a CAGR of 7.14%, from 2017 to 2022. The booming power sector and augmented power generation capacities, rising adoption of IoT and cloud platforms, and reduced overall project time and cost are driving the power system simulator market globally. The power system simulator market has been segmented based on module, offering, end-user, and region. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the power system simulator market. These include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), GE (US), ETAP (US), MathWorks (US), OPAL-RT (Canada), RTDS Technologies (Canada), and Neplan (Switzerland). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global hazard control market was valued at USD 1.17 Billion in 2016 and is expected to grow at a CAGR of 5.83%, during the forecast period, to reach USD 1.63 Billion by 2022. Stringent norms for industrial safety, the development of unconventional hydrocarbons resources, growing environmental concerns, and growing concern for human resources safety in industries are the major factors driving the hazard control market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the hazard control market. These include ABB (Switzerland), Eaton (Ireland), Emerson (US), Schneider Electric (France), and Siemens (Germany). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The timing relay market is expected to grow from an estimated value of USD 464.1 Million in 2017 to USD 573.5 Million by 2022, at a CAGR of 4.32%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing demand for control devices in end-use industries and the availability of broad time delay ranges in timing relays. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the timing relay market. These include Siemens (Germany), ABB (Switzerland), General Electric (US), Schneider Electric (France), Eaton (Ireland), and Rockwell Automation (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global cables and accessories market is estimated to reach a size of USD 121.63 Billion in 2017, and is further projected to reach USD 158.25 Billion by 2022 growing at a CAGR of 5.40% from 2017 to 2022. Increasing installation of offshore windfarms, growing grid interconnections, and new transmission line projects and upgrades are driving the market growth of cables and accessories around the world. To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the cables and accessories market. These players include Prysmian (Italy), Nexans (France), NKT Cables (Germany), General Cables (US), Sumitomo (Japan), and ABB (Switzerland). Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The global AI in Oil & Gas market is expected to grow at a CAGR of 12.66%, from 2017 to 2022, to reach a projected USD 2.85 Billion by 2022. The growth will be mainly driven by the rise in adoption of the big data technology, digitalization of the Oil & Gas industry, investments in AI-related start-ups, and rising pressure to reduce production costs and increase efficiency. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in AI in the Oil & Gas market. They are IBM (US), Accenture (Republic of Ireland), Google (US), Microsoft Corporation (US), and Oracle (US). These players adopted various strategies such as new product launches, contracts & agreements, and investments and expansions, to increase their global presence and market share.
The HVDC converter station market was valued at USD 7.31 Billion in 2016 and is expected to grow at a CAGR of 7.92% to reach USD 11.57 Billion by 2022. HVDC converter stations are specialized substations that form the terminal equipment for high voltage direct current transmission lines. They convert direct current to alternating current and vice versa. HVDC converter stations are economically beneficial for transferring bulk power over long distances as they lead to low power losses and lesser environmental impact as compared to HVAC converter stations. The major players in the HVDC converter station market are ABB (Switzerland), Siemens (Germany), and General Electric (US). The majority of the HVDC converter station market is dominated by these global players due to their wide regional presence and are established brand names. The other benefits with these players are their technologically advanced products and expertise in the industry which is helping them to lead the market.
The global bioliquid heat and power generation market is estimated to be USD 1.67 Billion in 2017 and is projected to grow at a CAGR of 6.54%, from 2017 to 2022, to reach a market size of USD 2.29 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the bioliquid heat and power generation market. These include REG (US), Neste (Finland), Kraton (US), BTG (Netherlands), and Olleco (UK). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The distributed generation market is projected to reach a market size of USD 60.04 Billion in 2017 and is expected to grow at a CAGR of 11.48% from 2017 to 2022. The growing demand for electric power accompanied with regulatory incentives for clean energy generation have shifted the focus toward distributed generation technologies. To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the distributed generation market. These players include Siemens (Germany), GE (US), Schneider (France), Mitsubishi (Japan), Capstone (US), and Doosan (South Korea). Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The global shunt reactor market is projected to grow at a CAGR of 4.56% from 2017 to 2022, and is projected to reach a market size of USD 3.19 Billion by 2022. This growth can be attributed to the increasing demand for electricity, upgradation of the aging technology in the developed nations, augmentation and modernization of the transmission and distribution network. Also, addition of high transmission lines is expected to drive the demand for global shunt reactors market. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the key players in the shunt reactor market including GE (US), Siemens (Germany), ABB (Switzerland), and Fuji Electric (Japan). Leading players in the shunt reactor industry are trying to penetrate the developing economies in Asia-Pacific region.
The micro turbines market was valued at USD 149.8 Million in 2016 and is projected to reach USD 251.0 Million by 2022, at a CAGR of 9.46%, from 2017 to 2022. Factors such as increasing global electricity demand and subsequent investments in power plants, economic benefits of implementing micro turbines, increasing efforts to reduce global greenhouse gas emissions, and growing adoption of CHP are driving the micro turbines market. The micro turbines market has been segmented by application, power rating, end-user, and region. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the micro turbines market. These include Capstone Turbine (US), FlexEnergy (US), Ansaldo Energia (Italy), MTT (Netherlands), and Toyota Turbine and Systems (Japan). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.