Electricity consumption can be considered to be a key indicator of a country’s growth. Electricity can be generated either by conventional or nonconventional sources. The major source of electricity generation in the short term ....see more
The Generator market is projected to reach USD 32.98 billion by 2030, registering a CAGR of 5.4% during the forecast period. The report profiles key players such Caterpillar (US), Cummins Inc. (US), Rolls-Royce Holdings (UK), Generac (US), Mitsubishi Heavy Industries (Japan), MAN Energy Solutions (Germany) and Briggs & Stratton (US).
The global diesel power engine market is projected growth to USD 25.2 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. Key players in the global diesel power engine market include Caterpillar (US), Cummins Inc. (US), WEICHAI POWER CO.,LTD (China), MAN (Germany), Rolls-Royce plc (UK), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), HD HYUNDAI INFRACORE (South Korea), DAIHATSU DIESEL MFG. CO., LTD. (Japan), YANMAR HOLDINGS CO., LTD. (Japan), KUBOTA Corporation (Japan), Kohler Energy (US), AB Volvo Penta (Sweden), DEUTZ AG (Germany), Mahindra & Mahindra Ltd. (India), IHI Power Systems Co.,Ltd (Japan), Guangzhou diesel engine factory Limited (China), and Wabtec Corporation (US).
The global Micro combined heat and power market is projected to reach USD 4.8 billion by 2029, at a CAGR of 9.4% during the forecast period. Some of the major players in the Micro Combined heat and power market are AISIN CORPORATION (Japan), 2G Energy (Germany), BOSCH INDUSTRIEKESSEL GMBH (Germany), KyungDong Navien (South Korea), and YANMAR HOLDINGS CO., LTD. (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global combined heat and power market size is projected to reach USD 39.2 billion by 2029, at a CAGR of 5.2% during the forecast period. Some of the major players in the Combined heat and power market are GE (US), Siemens Energy (Germany), Veolia (France), Wärtsilä (Finland), and 2G Energy (Germany). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The diesel generator market size is projected to reach USD 23.4 billion by 2029, at a CAGR of 5.4% during the forecast period. Some of the major players in the Diesel generator market are Caterpillar (USA), Cummins Inc., (USA), Generac power systems, Inc (USA), Rolls-Royce PLC (UK), Mitsubishi Heavy Industries, ltd (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global marine engines market size is projected to reach USD 15.2 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 3.0% during the forecast period. Key players in the global marine engines market include Caterpillar (US), Wärtsilä (Finland), Man Energy Solutions (Germany), Rolls-Royce Plc (UK), AB Volvo Penta (Sweden), HDHyundai Heavy Industries Co., Ltd. (South Korea), Mitsubishi Heavy Industries, Ltd. (Japan), Cummins Inc. (US), Daihatsu Diesel Mfg. Co., Ltd. (Japan), and Deutz AG (Germany).
The gas engine market size is projected to reach USD 6.3 billion by 2029, a compound annual growth rate (CAGR) of 4.5% during the forecast period. to . Key players in the global gas engine market include Caterpillar (US), Rolls-royce Holdings (UK), Siemens Energy (Germany), Wartsila (Finland), and Cummins (US).
The global power rental market size is projected to reach USD 14.2 billion by 2029, at a CAGR of 5.6% during the forecast period. Some of the major players in the power rental market include companies such as Aggerko (UK), Ashtead Group plc (UK), United Rentals, Inc. (US), Caterpillar (US), Cummins Inc (US). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The Inverter market size is projected to reach USD 39.6 billion by 2028, at a CAGR of 16.0% during the forecast period. Some of the major players in the Inverter market are Huawei Technologies Co., Ltd. (China), SUNGROW (China), SMA Solar Technology AG (Germany), Power Electronics S.L. (Spain), and Fimer Group (Italy).The major strategies adopted by these players include sales contracts and agreements.
The hybrid power solutions market is projected to reach USD 4.0 billion by 2028, at a CAGR of 10.4% during the forecast period. Some of the major players in the hybrid power solutions market are General Electric (US), Vertiv Group Corp. (US), Vestas (Denmark), Wärtsilä (Finland), and SMA Solar Technology AG (Germany). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global Pressure vessels market size is projected to reach USD 62.7 billion by 2028; it is expected to record a CAGR of 4.5% during the forecast period. The pressure vessels market is dominated by a few major players that have a wide regional presence. The major players in the pressure vessels market are Bharat Heavy Electricals Limited (India), Mitsubishi Hitachi Power Systems (Japan), IHI Coproration (Japan), Babcock & Wilcox (US), LKARSEN & TOURBO LIMITED (India). Between 2018 and 2022, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the pressure vessels market.
The global Portable power station market size is projected to reach USD 1.1 billion by 2028; it is expected to record a CAGR of 18.4% during the forecast period. The portable power station market is dominated by a few major players that have a wide regional presence. The major players in the portable power station market include Goal Zero (US), Jackery (US), Duracell (US), EcoFlow (US), Anker Innovation (US), and Lion Energy (US). Between 2018 and 2022, Strategies such as contracts, agreements, partnership, merger, acquisitions, and expansions are followed by these companies to capture a larger share of the portable power station market.
The synchronous generator market is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6% during the forecast period. The synchronous generator market is dominated by a few major players that have a wide regional presence. The major players in the synchronous generator market are ABB (Switzerland), WEG (Brazil), Siemens Energy (Germany), Meidensha Corporation (Japan), and Andritz (Austria). Between 2018 and 2022, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the synchronous generator market.
The global Portable generators market is projected to reach USD 2.9 billion in 2027, at a CAGR of 6.0% 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 Portable generators market. These include Generac (US), Honda (Japan), Yamaha (Japan), Atlas Copco (Sweden), Cummins (US).
The reed relay market is expected size is projected to reach USD 1,125 million by 2030, at a CAGR of 15.6% during the forecast period. ABB (Switzerland), Standex International Corporation (US), Siemens (Germany), Schneider Electric (France), and TE Connectivity, COTO Technology (US), Pickering Electronic Ltd (UK), General Electric (Switzerland), and Towards Relays (Taiwan) are the key players in the global reed Relay market.
The power grid system market in subsea is expected to grow from USD 9.1 billion in 2022 to USD 14.8 billion in 2027, at a CAGR of 10.2% 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 power grid system market in subsea. These include ABB (Switzerland), General Electric (US), Siemens Energy (Germany), Prysmian Group (Italy), Nexans (France), TechnipFMC (UK), and Baker Hughes (US). 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 silent generator market is expected to grow from USD 3.0 billion in 2022 to USD 4.1 billion by 2027, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players Atlas Copco (Sweden), Cummins Inc. (US), Generac (US), Rolls-Royce Holdings(UK), Honda (Japan).
The global gas turbine market is expected to grow from USD 18.9 Billion in 2021 to USD 22.5 Billion by 2026, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The key players Kawasaki Heavy Industries, Ltd. (Japan), Siemens Energy (Germany), Capstone Green Energy Corporation (US), General Electric (US), Ansaldo Energia (Italy), Mitsubishi Heavy Industries, Ltd. (Japan), United Engine Corporation (Russia), Rolls-Royce plc (England), Harbin Electric Machinery Company Limited (China), OPRA Turbines (Netherlands), Solar Turbines Incorporated (US), Bharat Heavy Electricals Limited (India), Centrax Gas Turbine (England), MTU Aero Engines AG (Germany), IHI Corporation (Japan), Wartsila (Finland), Doosan Heavy Industries & Construction (South Korea), MAPNA Group (Iran), Vericor Power Systems (US), Zorya Mashproekt (Ukraine), MAN Energy Solutions (Germany). These players have adopted product launches, contracts, partnerships, agreements, collaborations, Memorandum of Understanding (MoU)
The global power plant control system market is projected to reach USD 10.2 billion by 2026, at a CAGR of 7.3% 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 Siemens Energy (Germany), ABB (Switzerland), Emerson (US), Rockwell (US), and GE (US) along with other prominent manufacturers of power plant control system.
The global rotary UPS market market is expected to grow from USD 0.7 billion in 2021 to USD 0.8 billion by 2026, at a compound annual growth rate (CAGR) of 4.9% 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 Piller Power Systems (Germany), Hitec Holdings (Netherlands), Rolls Royce Holdings (UK), Hitzinger (Austria), and IEM Power Systems (US) along with other prominent manufacturers of rotary UPS.
The Power Plant Boiler Market is expected to grow from USD 18.1 billion in 2020 to USD 22.8 billion by 2025, at a CAGR of 4.8% during the forecast period. The key players in the power plant boiler market include companies such as Babcock & Wilcox (US), Dongfang Electric Corporation (China), Doosan Heavy Industries & Construction (Korea), General Electric (US), and Mitsubishi Hitachi Power Systems (Japan).
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 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 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 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 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 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 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 floating LNG power vessel market is projected to reach a market size of USD 931.6 million by 2023 from an estimated USD 860.1 million in 2018, at a CAGR of 1.61%. This growth can be attributed to the increasing demand for power, lack of power infrastructure, and added benefits over land-based power plants. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the floating LNG power vessel market. The key players include Siemens AG (Germany), MAN Diesel & Turbo SE (Germany), Wärtsilä Corporation (Finland), General Electric Company (US), and Caterpillar Inc. (US). The leading players are adopting various strategies to increase their share in the floating LNG power vessel market.
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 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 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 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 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 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 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 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 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 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 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 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.
The cooling tower rental market is estimated to be USD 0.77 Billion in 2017 and is expected to grow at a CAGR of 5.18% from 2017 to 2022 to reach the market size of USD 0.99 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Cooling tower rental. They are Aggreko (U.S.), Caterpillar, Inc. (U.S.), Trane, SPX Corporation (US), united rental and Sunbelt rental (U.S.) and Johnson Controls. The leading players are trying to enter the market of developing economies and are adopting various strategies to increase their market shares.
The global medium voltage cables and accessories market was valued at USD 39.31 Billion in 2016 and is projected to grow at a CAGR of 6.27%, from 2017 to 2022. Increase in renewable energy generation and rapid industrialization and urbanization are the major drivers for growth in the medium voltage cables and accessories market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the medium voltage cables and accessories market. These include Prysmian S.p.A. (Italy), Nexans S.A. (France), General Cable Corporation (US), NKT Group A/S (Denmark), and LS Cable & System Ltd. (South Korea). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global advanced energy storage systems market is projected to grow at a CAGR of 8.38%, from 2017 to 2022, to reach a market size of USD 19.04 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the advanced energy storage systems market. These players include ABB Ltd. (Switzerland), LG Chem, Ltd. (South Korea), Samsung SDI Co, Ltd (South Korea) and Tesla, Inc. (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The critical power and cooling market is projected to grow at a CAGR of 8.88%, from 2016 to 2021, to reach USD 25.80 Billion by 2021. A rise in digitalization and cloud computing leading to an increase in demand for data centers, increasing demand for improved cooling efficiency in data centers, a need to reduce anomalies in power supply, and regulations and initiatives by institutes and associations are the major factors driving the market.
The gas turbine services market is projected to grow at a CAGR of 4.1% from 2016 to 2021 to reach a market of USD 18.45 Billion by 2021. The growth is attributed to the up gradation of aging fleet of gas turbines, stringent emission norms for gas turbines and increase in demand of gas turbines owing to the shale gas production boom.