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13 Mar
2016

Global Medium and High Power Electric Motors Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022

Medium and high power electric motors contributed about ten percent of the overall electric motors size. It was responsible for greater than 90% of the electric power usage. These electric motors are used in valves, fans, process plants, pumps, compressors, machine tools, machine engineering and mechanical handling. The world wide medium and high power electric motors market is predicted to witness a CAGR growth of about 7.3 % during the forecasted period .

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31 Mar
2017

Floating Solar Panels Market By Product (Stationary Floating Solar Panels, Solar Tracking Floating Panels), By Location (Offshore Floating, Onshore Floating) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

This report titled “Floating solar Panels Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in floating solar panels market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on product type, location and geographical distribution.

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13 Jul
2016

Gas Turbine Electrical Power Generation Market By Turbine (Open Cycle Gas Turbine (OCGT), Combined Cycle Gas Turbine (CCGT)), By Power Generating Fuels (Fuel Oils, Kerosene, Natural Gas, Diesel) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Gas Turbine Electrical Power Generation Market Was Valued At USD16,515.5 Mn In 2015, And Is Expected To Reach USD 21,180.5 Mn By 2022, Expanding At A CAGR Of 3.4% From 2016-2022

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18 Jul
2016

Petroleum Coke (Petcoke) Market By Product (Fuel Grade Coke, Calcined Coke), By Application (Aluminum And Other Metals, Cement Kilns, Power Generation, Steel Metal, Storage) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Growing power and cement industries is the major factor driving the market growth. However, rising demand for petcoke from steel and aluminum industries is another factor propelling the market demand over the forecast period. 

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25 Oct
2016

Power Transmission Cables Market: Growth, Future Prospects & Competitive Analysis, 2016-2023

Power transmission cables are widely used in transmission and distribution of electricity to various residential and commercial consumers.Power transmission cables are insulated with various materials such as PVC (Poly Vinyl Chloride), XLPE (Polyethylene with cross-links), rubber, impregnated paper and varnished cambric. 

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26 Oct
2016

Solar Tracker Market: Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Trackers direct solar modules or panels toward the sun to harness more sunlight. To accumulate maximize energy these trackers change their orientation during the day to follow the sun’s path. Solar trackers are rising in popularity, as it generates more electricity when compared to its stationery counterparts. 

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25 Oct
2016

Energy Harvesting System Market: Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Energy harvesting which is also known as power harvesting is the process that capture minute amounts of energy from various naturally-occurring energy sources, accumulate them and store them for later use. Rising demand for energy in major end-use industries are projected to drive the overall energy harvesting market. 

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07 Nov
2016

Air Compressor Market Growth, Future Prospects & Competitive Analysis, 2016-2023

Air compressors are widely used in many applications across various industries like semiconductors & electronics, automobiles, food & beverage, chemical plants healthcare, home appliances, energy, oil & gas, manufacturing, etc. Increasing environment friendly compressor technology, oil-free lubrication processes, rising popularity of portable energy efficient models are main factors driving the demand for air compressors market in the near future.

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07 Nov
2016

Gas Engines Market: Growth, Future Prospects & Competitive Analysis, 2016-2023

Methane (CH4) is the main component in natural gas which is recognized as green and clean energy. Over the past decades, environmental pollution and energy consumption have become major concern along with increasing economical and technological development in the society. 

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07 Nov
2016

Global Solar Photovoltaic (PV) Market: Growth, Future Prospects & Competitive Analysis, 2016-2023

The photovoltaic (PV) is also known as solar PV. There are two types of solar photovoltaic systems, organic PV and inorganic PV. Photovoltaic is a fast growing market over last couple of decades with exponential growth curve. During this period Solar Photovoltaic (PV) system, which was niche market has become mainstream electrical source for various applications.

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07 Nov
2016

Solar Wind Hybrid Systems Market: Growth, Future Prospects & Competitive Analysis, 2016-2023

Solar wind hybrid systems are hybrid power systems combining solar energy panel and wind mill. Solar wind hybrid systems contains solar panels, wind turbine, battery bank which is utilized to accumulate the energy generated from both the resources, inverter, hybrid controller and other components which provides higher output, stable and reliable energy for commercial and residential purpose.

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22 Nov
2016

Global Smart Grid Market: Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Smart Grid refers to an electrical grid that uses digital information received from various equipments such as smart meters and appliances, renewable energy resource and communication technology. 

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02 Aug
2022

Global Horizontal Directional Drilling (HDD) Market By Technique (Conventional, Rotary Steerable System) By Parts (Rigs, Pipes, Bits, Reaners, Others) By Type (Machines, Services), By Application (Onshore, Offshore) By End-user (Oil & Gas, Energy & Utility (Water, Gas, Oil Products & Power Distribution), Telecommunication, Other): Growth, Future Prospects & Competitive Analysis, 2016 - 2028

In 2021, the global horizontal directional drilling equipment market was valued at USD 8.9 billion and projected to reach USD 13.0 billion by 2028. The demand for horizontal directional drilling equipment is projected to increase substantially in the coming years.

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18 Apr
2018

Transformer Monitoring Systems Market By Application (Power Transformers, Distribution Transformers, Distribution Transformers), By End-Use Verticals (Residential, Commercial, Industrial) - Growth, Future Prospects & Competitive Analysis, 2018 - 2026

The global transforming monitoring systems market was valued US$ 1490.3 Mn in 2017 and expected to grow at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period from 2018 to 2026. The projected growth can be largely credited to several upcoming smart grid infrastructure projects and risisng popularity of non-conventinal energy resources across the globe.

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11 Feb
2022

Industrial Biomass Boiler Market by Type (Wooden Biomass, Agricultural Residue) by Application (Biorefineries, Pulp and paper, Sugar Mills, Rice Mills, Others)- Growth, Future Prospects And Competitive Analysis, 2016 - 2028

The revenue generated by the global Industrial Biomass Boiler market in 2021 was over USD 2,908.30 million and expected to generate revenue worth USD 5,896.45 million in 2028.

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Global Energy Utilities Market Analysis

The worldwide industry for energy & power utilization is estimated to expand almost by fifty five percent by end of year 2035 as per the reports of US energy information administration international energy outlook 2011.The rapid growth rate in power consumption is represented by countries outside of OECD (Organization for economic co-operation and development) displaying signs of economic growth and expansion. Within the OECD, industry growth is predicted to remain less than 20% and outside the OECD it is estimated to increase by 85%.

In future, the global population will touch the nine billion margin. With growing population, the worldwide demand for energy & power will grow and expand constantly. Modernizations and up gradations in technology will influence more use of electricity. New and innovative techniques like smart meters are predicted to display strong expansion and growth. Similarly, diminishing natural resources of conventional energy like nuclear energy, oil and natural gas will push organizations to make more capital investments or business investments in sources of renewable energy like ocean thermal energy conversion, sun , wind, geothermal, tidal waves, water and biomass as well as sources of unconventional energy like coal bed methane gas, shale oil & gas and tight oil & gas.

Favorable government policies accompanied by heavy capital investments are supporting the alternate energy & power market sector all across the globe. Rising demand for global energy & power, high cost volatility of oil and gas, rise in complications in government rules and growing ecological pressure have put up a big deal for other alternate sources of energy & power today.

 The pollution of the climate caused by the conventional sources of energy have created a demand for green energy. Also there is growing awareness about the significance of green energy consumption and its sources among the firms all across the globe.

The energy & power sector is usually government regulated in most of the BRICS nations. But dynamics of energy & power sector are continuously driven by the factors like changes in the government policies, growing privatization, relaxation of FDI rules in this section, new capital investments of energy & power projects by both private and public sectors, rising demand of electricity and use of smart grids & smart meters to effectively handle the transmission services.

Key Market Sections

Oil costs are still on rise owing to slow rate of supply growth and rapid growth rate in current market demand. Oil and coal sector today leads the energy & power industry contributing to 70% of the total market share of the energy & power market. Renewable energy sector contributed to only about 15% of the total market share of the energy & power market. This trend is projected to undergo drastic change in future. For example, wind energy contributed about 0.9% to the total market share of the energy & power market sector in year 2005. The use of wind as a source of renewable energy had increased nearly about 2.5% of the total energy & power consumption in year 2010.

Owing to enormous support from government for renewable energy & power projects across the world, a great increase in demand for solar & wind energy sector along with increase in capital investment in this sector is being witnessed today.

Geographical Market Share

The growing economies of regions of Latin America and Asia who lack the necessary infrastructure are now allotting a huge portion of capital from their yearly fiscal budgets for the growth, development, expansion, use and exploration of the energy & power sector infrastructure. 

Industry Overview

With the global population set to touch nine billion mark in next few years, the universal or worldwide demand for energy & power sector is predicted to grow. Growing political and climatic conditions are few of the aspects that are going to be responsible in measuring the growth rate of individual industry sections.

Today, governments across the globe are taking or displaying keen interest in investing their business capitals in clean energy & power sector. The reason being a warning issued by United Nations to the developed and developing economies of the world about the proposed 70% reduction in the carbon emissions in atmosphere within three decades to prevent hazardous or ill effects of environmental pollution on the nitrogen cycle , climate and e seasonal cycle.

Modernization in technology will impact consumption and use of electricity. Smart meters that permit two way consumption between central systems and household electricity are predicted to display strong expansion and growth across the globe in future.