Prasad Pande

  • Global Biochar Market: Popularity of Organic Food and Waste Management Benefits Driving Demand

    Incrementing from its evaluated worth of US$444.2 thousand in 2016, the global biochar market is projected to experience a CAGR of 14.5% during the forecast period of 2017 to 2025 and reach a valuation of US$14,751.8 thousand by 2025. Some of the key factors driving the demand in the global biochar market are: rising demand for organic food, growing application in soil enhancement, benefits pertaining to waste management, stringent government regulatory for soil preservation, investment in the bio-fuels sector, and increasing environmental concerns. Conversely, lack of consumer awareness and higher cost as opposed to chemical alternatives are a few challenges faced by the global biochar market.

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    Sector and Waste Management Leading Application Segments

    Based on feedstock used for the production, the global biochar market has been segmented into woody biomass, agricultural waste, animal manure and others, including rice, coconut, sugarcane, corn, cereals, and bamboo. In 2016, wood biomass segment accounted for nearly the half of the overall demand in the global biochar market. Wood waste that is converted into biochar is used as valuable soil amendment product. Improving the health and quality of soil is a high priority in forestry, agriculture, and gardening. Biochar is not only economical, but is also ecofriendly.  It improves the soil fertility as well as increases nutrient and water retention and reduces soil acidity.

    The global biochar market gains second most prominent demand in terms of feedstock used for production from agricultural waste. Referred as magnetic biochar, as it exhibits good magnetic property with high surface area and significant morphology, these products have wide application as an adsorbent in wastewater treatment and polymer. Animal based manure constitutes very small market share as feedstock on the global biochar market. Depending upon its properties, biochar has various soil benefits including soil carbon sequestration and enhancement, increases water holding capacity, enhances cation exchange capacity, crop nutrient etc. Application-wise, the global biochar market has been categorized into agriculture, forestry, electricity generation, and climate change mitigation. In 2016, agriculture was the leading consumer of biochar, reflecting its growing usage for soil amendment and carbon sequestration in the agricultural sector.

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    Asia Pacific Projected for Most Impressive Growth Rate

    Geographically, every important region has been evaluated for its potential for biochar market, including North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America. In terms of volume and value, North America serves the maximum demand in the global biochar market, accounting for more than 50% share of the global biochar market in 2016. Increasing demand of soil amendment and carbon sequestration has been detected as the major factors driving the North America biochar market in the recent past. Demand for biochar is stable in Europe and is projected to show significant growth in the coming forecast period. Exponential growth in the biofuel sector in Asia Pacific is projected to boost the demand for biochar in the near future. Emerging economies such as India, China, and Japan are expected to have major market share in the coming forecast period. Large number of biochar producers are from China and Japan, which makes biochar inexpensive for them as compared to other countries. Latin America is anticipated to provide growth to biochar market in the next few years. Middle East & Africa is expected to boost the biochar market at a steady rate in the coming future.

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    Genesis Industries LLC, Vega Biofuels, Inc., Phoenix Energy, Full Circle Biochar, Pacific Biochar, Diacarbon Energy Inc., Earth Systems Bioenergy, Pacific Pyrolysis Pty Ltd, Agri-Tech Producers, LLC, Biochar Supreme LLC, CharGrow, LLC, and Cool Planet Energy Systems are some of the prominent companies currently functional in the global biochar market.


  • Global Wind Power Market’s Evolving Technology, Trends and industry Analysis – 2020

    According to Global Wind Energy Council, worldwide wind energy installations were 34-35 GW in 2013. This will be the first time in the decade where global demand for wind power shrinked, mainly because of china and the U.S. In Europe, the U.K. and Germany are likely to propel the market, with growth from countries such as Finland Denmark and Sweden along with eastern European countries such as Turkey and Poland.
    After the two dominating markets such as the U.K. and Germany for offshore wind, China is in the race to quickly wrap up its huge offshore wind farms projects of hundreds of MW in the near future. Although fixed tariff for offshore wind farms is yet to be decided. Offshore market in China is expected to accelerate owing to the rapid growth, once it is done with all the overlapping jurisdictions and regulatory issues.
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    The offshore wind market in the U.S. is still testing the frequency of offshore water. In the U.S., Cape Wind project in Massachusetts and the Deepwater Block Island project received all the certifications to start both the projects as early as possible. Majorly, the promising offshore wind market is in Japan that has huge potential to tap wind energy. First floating offshore wind farm and floating offshore substation are in the Fukushima region. These projects achieved approval in less than two years from the concerned authorities. It is expected that this year will see more progress owing to the usage of high capacity semisubmersible and floating spars. Commissioning for such projects is planned for next year. Domestic offshore wind operations and Maintenance capabilities along with the strong supply chain network are the key drivers of the Japan’s wind energy market.
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    Financing in wind energy sector is mainly balance sheet financing as credit period from private investors has been extended to the wind power projects on the basis of the balance sheet strength from the developer rather than the creditworthiness of the project. However, with the rise of the new financial policies, financial institutions have started considering non-recourse financing.
    Stringent government rules and regulations and increasing usage of the clean energy are some of the key drivers of the wind power market. However, huge amount required to carry out the maintenance process of turbine and other equipments can hamper the growth of the market. Large numbers of opportunities are there for the wind energy market owing to the increase in the pollution level and respiratory problems from conventional fuels.
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    Some of the key companies in the business of wind power are AWS Truepower, LLC, DNV GL, Blue Sky Energy, Inc., Enercon India Pvt limited, Wind World India limited, GE Wind Energy Limited, Orient Green Power Limited, Indowind Energy Limited, Aban Loyd Chiles Offshore Ltd, Newam Power Company Ltd. and Suzlon Energy among others.

  • Advanced TECH & growth opportunities in Global Hazardous Waste Treatment Market by 2025

    Growth in instances of detection of toxic chemicals in polar ice caps, drinking water supplies, and groundwater sources have shifted the focus of the public and environmental regulatory authorities around the globe on the health and environmental risks from inappropriate disposal methods of hazardous waste into the environment. Accumulation of large quantities of hazardous wastes around the globe is attributed to the rise in hospital waste generation and rapid urbanization in developing countries. Major industries responsible for the production of hazardous wastes globally include pharmaceuticals, petrochemicals, fertilizers, paints & dyes, pesticides, petroleum, asbestos, and inorganic chemicals. Most common toxic materials found in hazardous wastes are cyanides, heavy metals, complex aromatic compounds, pesticides, and others with high toxicity, flammability, reactivity, and corrosiveness. Discharge of hazardous waste in open without treatment results in acidic and alkaline chemical seepage into potable water aquifers and fertile soils. This degrades the quality of the soil and makes fresh water aquifers unusable.

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    Treatment of hazardous wastes can be carried out by converting the harmful waste material into low toxic substrates, which can be further treated through physical, biological, chemical, and thermal processes. This is followed by the dispersal or disposal of the produced residue under manageable and controlled conditions. Technologies used for the treatment of hazardous wastes include filtration, neutralization, chemical precipitation, oxidation & reduction, biological treatment, thermal treatment, and chemical fixation and solidification. The type of technology to be used for treating a particular type of hazardous waste depends on the nature of waste stream, process effectiveness, economics, job flexibility, public exposure, and health & safety practices. The type of hazardous waste is also segregated according to ignitibility, corrosiveness, reactivity, and toxicity of the waste material. Filtration technology for the treatment of hazardous waste comprises the usage of porous medium subjected to a specific pressure gradient to filter out particulates from the waste material. Reverse osmosis and urethane filtration methods can also be employed.

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    Hazardous waste treatment helps lower harmful chemical and biological pollutants from entering into the environment. Additionally, hazardous waste treatment also helps in reducing environmental pollution and also helps in reducing land utilization for dumping of wastes. It also enables to prevent the spreading of diseases. This, in turn, is expected to drive the hazardous waste treatment market. Growth in urban population, increase in industrial waste production, inadequate waste collection measures, and stringent waste management policies are some of the drivers of the hazardous waste treatment market. North America, Europe, and Asia Pacific are the prominent regions of the global hazardous waste treatment market. Asia Pacific is a rapidly growing region of the hazardous waste treatment market owing to the rise in urban population, increase in environmental pollution, rapid industrialisation rate, and implementation of stringent rules for disposal of hazardous waste in the environment in China and India. Currently, North America is the major region of the hazardous waste treatment due to the strict policy implementation, superiority in waste segregation, robust waste collection network, and technological superiority in hazardous waste treatment.

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    Key players operating in the Hazardous waste treatment market are Daniels Sharpsmart Inc., Clean Harbors Inc., Republic Services Inc., Suez Environment SA., and Stericycle Inc.

    About Us
    Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
    Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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  • Global Autotransformer Market is anticipated to generate significant revenues by 2025

    Today’s transmission systems are very complex compared to that in the past because of deregulation of the electricity market. To maximize asset utilization, existing transmission systems are often operated at stressed limits. With increasing cost pressures the utilities are seeking economical options for power transmission and distribution. Autotransformers is an efficient technology which can replace expensive conventional power transformers in some major power applications. Autotransformer consists of single wiring. Both the primary and secondary windings are integrated together both electrically and magnetically to form a single wired auto-transformer. They are also called auto-step down transformer autotransformers and uses time-varying magnetic fields to transfer power. The term auto means single coil acting alone. Owing to low voltage operations, the cost of autotransformers are low when compared to conventional transformers.

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    Autotransformers work within the voltage rage of 110-115-120 V. Substantial cost reduction can be achieved by installing these transformers in power applications. There is an increasing demand for technology, related to the management of power flow within the power systems for reliable power supply system. The installation of such systems allows the grid operator to manage the costs of power transmission in a better manner and utilize the infrastructure. With the increase in power generation from renewable sources the transmission grids are operating at maximum levels in many regions. Autotransformers are crucial components in the ongoing strive for improved network efficiency. They are often regarded as the most economically feasible and reliable approach to power flow management and system design. The market for autotransformer is anticipated to increase at a substantial rate owing to increasing demand for economical systems in power transmission industry. 

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    The copper savings achieved on installing autotransformers is the major factor driving investment in this market. The autotransformers employ only single winding of copper wiring per phase as compared to two separate windings utilized in conventional voltage transformers. Auto transformer are employed in small voltage variation applications. The autotransformers can efficiently replace large expensive power transformers in substations, where large voltage variations are not required. Apart from this the voltage regulation of autotransformers is much more effective than conventional transformers. Autotransformers are also installed by utilities to provide different voltage points along its winding. The substantial cost savings achieved on installing autotransformers is the major factor bolstering investment in this sector. However, these transformers do not have the primary to secondary winding isolation thus these transformers are not suitable for stepping down higher voltages.

    The market for autotransformers can be segmented on the basis of type, end-user categories. By type, the market can be segregated into step-up and step-down transformer. The end-user category can be sub-segmented into three major segments as: power applications, audio applications, and railway applications. Currently, power applications occupies the major share of the overall market in this segment.

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    Some of the major players involved in the autotransformer market are: Hitachi Corporation, Mitsubishi Corporation, Siemens AG, Areva SA, SNC Manufacturing Co, Inc., Powertronix Corporation, and Estel Company Limited, etc..

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    Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
    Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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  • Advanced technologies & growth opportunities in Global Battery Monitoring System Market by 2025

    Demand for clean energy has increased significantly due to the rise in awareness and increase in concerns regarding global warming. This has led to a shift toward sources of energy such as solar, wind, and environmentally-friendly electric and hybrid vehicles. Energy storage is a grave concern for successful implementation of these clean solutions. It can be resolved by the application of battery of various capacities for energy storage. Hence, monitoring of these batteries is an important task that helps ensure the proper working of these clean technologies and applications that are directly or indirectly dependent on battery. Battery monitoring system continuously measures, records, monitors, and analyzes various parameters for individual cells and battery modules. Analyzing the data obtained from battery monitoring helps one to know the condition of the battery or cell. It would also help in taking proper actions in order to avoid unplanned power outages.

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    The battery monitoring system aims to notify the user about the existing scenario and health of the battery or battery bank. It alerts the user about the failure of batteries in the bank. It also alerts the user about the net charge existing or total backup available from battery or the battery bank. Any particular damage to the battery can be easily monitored in order to take necessary action to guard the battery from any major damage hindering its ability to perform. Hence, battery monitoring can prolong the overall battery life and its efficiency. A battery monitoring system generally monitors charging, discharging, and load on the battery; AC mains frequency & voltage; and ambient temperature and temperature of the battery. The battery monitoring system also helps generate live report of the battery performance and triggers alarm if any fault is detected.

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    Based on end-user, the battery monitoring system market can be segmented into energy industry, automotive industry, IT & telecommunication industry, and others. In the energy industry, the battery monitoring system is used to monitor battery conditions used for storing power generated from solar and wind energy, or for monitoring the battery utilized as power backup in power generation and oil and gas segments of the energy industry. In the automotive sector, the battery monitoring system is used primarily in electric and hybrid electric vehicles to indicate the status of the various parameters of the battery used. In the IT & telecommunication industry, the battery monitoring system is employed to ensure the proper working of the battery that provides power to various intensive and critical devices. The others segment includes manufacturing, defense, and healthcare.

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    Key players operating in the battery monitoring system market include ABB Group, Crucial Power Products, BTECH, Inc., C&D TECHNOLOGIES, INC., NDSL Group LTD, General Electric Company, and PowerShield Limited.

    About Us
    Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
    Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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  • Off-grid Power Systems for Remote Sensing Market anticipated to expand at 7.35% CAGR

    The global off-grid power systems for remote sensing market is driven by the need for power surge protection through fuel cells and backup batteries coupled with the growing applications/adoption of LIDAR in the wind energy sector. Increasing investments in offshore wind energy plants will also create a demand for off-grid power systems for remote sensing. Major players of the industry focus on research and technology to develop a remote sensing product with highest accuracy. The end-user industries are dependent on the data provided by the remote sensing systems for proper operations. Hence, accuracy of remote sensing systems will play an important role in the growth of the off-grid power systems for remote sensing market. 

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    Use of off-grid technologies reduces the reliability on grid power, enabling smooth operations in remote sensing activities. Battery backup uses batteries with lead acid, lithium ion, and nickel cadmium, among others as a material to ensure longer battery life for smooth performance. Solar PV technology also uses battery backup due to its intermittent power supply problem. Fuel cells is a new and emerging technology and the market for fuel cells is anticipated to expand at a high rate in the next few years. In terms of technology, battery backup is anticipated to be the largest segment of the global off-grid power systems for remote sensing market during the forecast period. The battery backup segment is driven by the use of advanced technologies and the influx of investments in battery manufacturing. High investments in battery manufacturing are resulting in advancements such as increased energy for longer runtimes and improved power for high current load requirements which are particularly required in remote sensing applications. Significant efforts are being undertaken to develop the battery technology for remote sensing applications. For instance, the ratio capacity to size is increasing. This enables a higher number of power consuming activities such as longer flights and heavier payloads. In terms of new development, major companies are developing remote power systems for outdoor backup power solutions which provide uninterrupted power supply for monitoring activities in oil & gas and wind energy sector. 

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    Fuel cells are also used as one of the off-grid power supply options for remote sensing in oil & gas and wind energy sectors. Fuel cell technologies are being developed in order to support climate change and meet energy security goals in several industries, such as transportation, industry, buildings, and power. Fuel cell companies are seeking government help to accelerate the development and deployment of fuel cell technologies by ensuring continued research, development, and demonstration (RD&D) funding for hydrogen generation and conversion technologies, such as electrolyzers and fuel cells. 

    Other technologies considered in off-grid power systems for remote sensing market include solar PV and hybrid technology. Solar PV can be used as a source of power for UAVs (Unmanned Aerial Vehicles) in remote sensing, usually for large-sized platforms with long flying missions. Solar cells combined with Li Po (Lithium Ion Polymer) and Li S (Lithium Ion Sulfide) batteries constitute a day/night power solution for several days of flight which is a hybrid technology of solar cells and battery backup. 

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    Key players in the global off-grid power systems for remote sensing market include Acumentrics Holding Corporation, Tycon Systems Inc., UPS Systems Plc., Timber Line Electric and Control Corporation, SFC Energy AG, Victron Energy B.V., HES Energy Systems Pte. Ltd., Ensol Systems Inc., Evergreen Energy Technologies Inc., and Energy Solutions (UK) Ltd. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, SWOT analysis, and recent developments.

    About Us 

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

    TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. 

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  • Global Wave and Tidal Energy Market to reach US$ 11.3 Bn in 2024

    Transparency Market Research has released a new market report titled, Wave and Tidal Energy Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016-2024. According to the report, the global wave and tidal energy market was valued at US$ 497.7 Mn in 2014 and is anticipated to reach US$ 11345.0 Mn in 2024, expanding at a CAGR of 23.2% from 2016 to 2024.

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    When harnessed effectively, ocean could prove to be one of the largest reserves of clean and sustainable energy. Wave and tidal energy are the two major forms of harnessing ocean energy. These have significantly different market dynamics. Tidal energy can be broadly segmented into tidal stream and tidal range energy. Tidal range power plants entail construction of tidal barrages. This is a mature form of energy generation technology. Commissioned in 2011, the Sihwa Lake Tidal Power Station with 254 MW capacity in South Korea replaced France’s Rance Tidal Power Station as the largest tidal power plant in the world. Tidal stream power plants are a relatively new technology with ample scope for development. Wave energy is a relatively new concept. The two sectors are likely to experience significant market growth in terms of installed capacity and investments in the near future.

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    Currently, over 200 companies operate in the wave and tidal energy sector. Most of these players are extensively involved in the business of development of energy converter technology. Wave and tidal stream technologies have significant potential of reaping benefits of economies of scale. Large-scale commercial array deployments of wave and tidal power plants are projected to be followed by massive cost reductions. Strong development of the offshore wind energy sector in several countries can contribute significantly to cost reduction potential of wave and tidal energy. The path from prototype testing and project demonstration to large-scale commercial project construction is a long one. Constant financial and policy support from local governments is imperative for technology developers for brisk commercialization of their energy converter devices. Currently, the industry structure is fragmented. It is difficult to ascertain if the industry would consolidate in the near future. However, establishment of special purpose project companies and strategic alliances would be imperative for small technology developers to invest in projects across the world.

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    Major developments in wave and tidal stream plants are expected to take place in Europe. On the other hand, South Korea is estimated to grow the fastest in terms of tidal barrage operations. Wave energy development in Asia Pacific would be concentrated in Australia. Currently, only tidal barrages are capable of generating returns on investments through the sale of electricity. Tidal stream and wave power plants are still not capable of generating power at grid parity levels. Commercialization of technology is the need of the hour for this sector. Otherwise, it would be difficult for project developers to sign long-term power sale contracts. Reduction in costs would become a necessity as the sector shifts from grant financing to private equity and debt financing.

    Key players in the global wave and tidal energy market include Pelamis Wave Power Ltd., Carnegie Wave Energy Ltd., Ocean Power Technologies, Inc., Ocean Renewable Power Company LLC, Tenax Energy, AquaGen Technologies, Atlantis Resources Ltd., S.D.E. Energy Ltd. (WERPO Wave Energy), Marine Current Turbines Ltd., and Aquamarine Power Ltd. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, SWOT analysis, and recent developments.

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    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

    TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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  • Installation of Hybrid Power Systems to Rise as Energy Industry Preference Centers

    Investing in emerging economies and setting up hybrid power systems and rural electrification programs in the remote areas of Asia Pacific and the Middle East and Africa are key growth strategies for players in the hybrid power systems market, observes Transparency Market Research (TMR). For instance, Borg Energy invested a heavy sum in India in January 2014 in several projects centered on rural electrification and engineering, procurement, and construction (EPC). Likewise, Guangzhou HY Energy Technology Limited Corp., in 2011, supplied a wind-solar hybrid street light system in Tabriz, Iran and in 2012, installed a number of wind-solar hybrid systems for a telecom station in Mongolia.

    “New product development and innovation is also an effective strategy adopted by a number of players,” a TMR analyst states. The hybrid power systems market is extremely inviting to new players despite the high initial investment required to manufacture as well as assemble these systems. Thanks to government and other regulatory institution clearances and the provision of various subsidies, the competitive landscape of the global hybrid power systems market is likely to witness constant change over the coming years.

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    Increasing Focus on the Use of Energy-efficient Technologies

    One of the major advantages presented by hybrid power systems, which is also a key driving factor for the global market, is the ability of these systems to reduce carbon emissions. “Controlling carbon footprint is among the top priorities of most energy producing companies and factors such as climate change and growing social responsibility have contributed toward these companies focusing on using energy-efficient technologies in their networks,” the author states.

    In April 2016, Vodafone Qatar announced its plans to roll out several hybrid power systems across its sites in the country as part of its efforts to reduce its carbon footprint and improve the company’s energy efficiency measures.

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    TMR Predicts Surge in Upcoming Hybrid Power Projects

    The global revenue generated by the hybrid power systems market is anticipated to rise from US$411.7 mn in 2015 to US$703.5 mn by 2024 at a 6.1% CAGR therein. By type, wind-solar-diesel hybrid power systems held the dominant share of over 45% in 2014 and this segment is likely to retain its lead throughout the forecast period. The others segment, comprising wind-hydro-diesel hybrid, solar thermal, and hybrid-solar biomass, is projected to expand at the fastest pace from 2016 to 2024.

    “Only a fraction of companies in the renewable power industry are presently involved in the generation of power via hybrid power systems for rural electrification,” the analyst states. “However, an increasing number of upcoming power projects across the globe is likely to spur the demand for hybrid power systems.”

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    About Us

    Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

    Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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  • Global Sodium Lauroyl Sarcosinate Market estimated to reach US$ 250 Mn by 2026

    The global sodium lauroyl sarcosinate market was valued at US$ 163.8 Mn in 2017 and is anticipated to expand at a CAGR of over 4.7% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled Sodium Lauroyl Sarcosinate Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2026.’ Sodium lauroyl sarcosinate also has the highest concentration of use, with maximum use concentrations (up to 15%) in rinse-off products. It is also approved for usage in polymers such as vinylidene chloride copolymer coatings at 0.35% level. Sodium lauroyl sarcosinate is also approved for use in adhesives without any restrictions. Sodium lauroyl sarcosinate is mild to the skin and the eyes. On application, it forms a protective layer on the skin. This helps more in the reduction of irritation and moisture loss compared to other surfactants.

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    Increasing Demand for Sulfur-free Surfactants in Cosmetic and Personal Care Products projected to augment the Skin Care Segment

    Based on end-user industry, the sodium lauroyl sarcosinate market can be classified into hair care, skin care, household, institutional & industrial (I&I) products, and others. The skin care segment accounted more than 42% share of the sodium lauroyl sarcosinate market in 2017 and the trend is expected to continue during the forecast period. The segment is anticipated to expand at a significant pace in the near future, primarily due to rise in the demand for luxury products such as bubble baths, body wash, aerosol shampoos, and syndet soap bars.

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    Growth of the Personal Care Industry, especially the Cosmetics Industry in Asia Pacific, to drive the Sodium Lauroyl Sarcosinate Market in the Region

    In terms of region, the global sodium lauroyl sarcosinate market can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe held a leading share of more than 33% in the global sodium lauroyl sarcosinate market in 2017. A large number of small-scale and large-scale manufacturers and suppliers of sodium lauroyl sarcosinate operate in the Europe market. Furthermore, most manufacturers have production and distribution bases in different regions across the globe. Asia Pacific accounts for more than 50% of the global population. Hence, the sodium lauroyl sarcosinate market in the region is anticipated to expand at a rapid pace in the near future. Companies such as Croda International Plc., Clariant, Innospec, Jarchem, and Stephan Company are expanding their production facilities and targeting the markets in Asia Pacific, Middle East & Africa, and Latin America in order to gain market share.

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    Sodium Lauroyl Sarcosinate Market dominated by a Few Major Players focused on the Oil & Gas Industry

    Key players operating in the global sodium lauroyl sarcosinate market are Galaxy Surfactants Ltd., Innospec Inc., Clariant Ltd., Stephan Company, Croda International Plc, Jarchem Industries Inc., Schill + Seilacher GmbH, and Shanghai Oli Enterprises Co., Ltd.

    About Us
    Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
    Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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  • Global Electric Submersible Cables Market Estimated to Reach US$ 6.89 Bn by 2026

    The global electric submersible cables market was valued at around US$ 4.36 Bn in 2017 and is anticipated to expand at a CAGR of over 5% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled Electric Submersible Cables Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2026.’  Electric submersible cables or ESP cables or electrical submersible pump cables are cables that are used to provide power to downhole electrical submersible pumps from a surface power source. These cables are used across various end-use industries for supplying power to electrical submersible pumps used for artificial lift applications, irrigation purposes, in sewage treatment plants, or in any other application. However, the electric submersible cables used in oil & gas industry are specially designed as they have to operate in a high temperature and abrasive environment.

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    Rise in Demand from Oil & Gas End-user Industry Segment in Middle East & Africa is anticipated to Drive the Electric Submersible Cables Market in the Region

    In terms of region, the electric submersible cables market can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe held a leading share of more than 50% of the global electric submersible cables market in 2017. This can be attributed to Russia & CIS countries, whose oil & gas industry forms a major part of not only the electrical submersible pumps industry but also of the electric submersible cables market. Moreover, the market in Middle East & Africa is expected to expand at a significant pace during the forecast period, primarily due to maturing and aging wells along with the declining reservoir pressures in the oil & gas field of the region. Furthermore, depleting reservoirs are likely to lead to expansion of the market in the region.

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    Electric Submersible Cables Market Dominated by Few Major Players with Focus on the Oil & Gas Industry

    Key players covered in this report are Baker Hughes, Schlumberger Limited, Prysmian Group, Nexans, Siemens AG, Borets, Halliburton, The Kerite Company, Havells, Jainson Cables, V-GUARD INDUSTRIES LTD., Superstar Cables, Southwire Company, LLC, and Alkhoorayef Petroleum. The major players present in the market are those that are mainly focusing on providing cables to the oil & gas end-use industry, as the industry forms a major part of the market.

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    About Us
    Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
    Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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  • Global Large-scale LNG Terminals Market: Strong Demand for LNG in Commercial and Industrial Sectors

    With increasing participation of oil and gas producing companies, competition in the global large-scale LNG terminals is predicted to up in the upcoming years, states Transparency Market Research (TMR) in a new report. The immense rise in the demand for LNG due to its clean fuel attributes is attracting hydrocarbon companies to make investments in LNG business. Natural gas companies currently in the market are planning to increase investments in LNG handling and distribution facilities, which will further intensify competition in the large-scale LNG terminals market.

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    As per the TMR report, the global large-scale LNG terminals market is likely to clock a CAGR of 3.9% for the forecast period between 2017 and 2023. Growing at this rate, the throughput of 3,687.7 MMTPA in 2017 is likely to become 4,664.7 MMTPA. In terms of technology, regasification terminals hold dominance over liquefaction technology segment. However, liquefaction terminals segment is anticipated to display an increased market share in the years ahead. Driven by the shale gas boom in the U.S., North America is a leading regional marker for large-scale LNG terminals market.

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    Increasing Uptake of LNG as Transportation Fuel Benefits Market

    At present, the demand for natural gas is on the rise as it is the cleanest burning fossil fuel. This is because combustion of natural gas is almost perfect, wherein very few byproducts are emitted into the atmosphere as pollutants. To cater to this, large hydrocarbon companies are participating in natural gas production and its handling and distribution to serve key end-use industries. Liquefied natural gas (LNG) and compressed natural gas (CNG) are increasingly being preferred by large long haul fleet owners as an alternative fuel. LNG contains nearly 2.4 times more energy per diesel gallon equivalent.

    The benefits of adopting LNG as a fuel source are not limited to long-haul trucks owners. With heavy-duty commercial vehicles traveling large distances annually, LNG converted vehicles can provide payback period as early as two years. With economic development in several parts of the world, growth of the transportation sector is leading to increasing use of LNG as a transportation fuel. This is attracting investments for construction of large-scale LNG terminals. Construction of large-scale LNG terminals are underway in developed countries to serve long haul fleet owners.

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    Key companies currently operating in the global large-scale LNG terminals market are Petroliam Nasional Berhad, Royal Dutch Shell plc, Conoco Phillips Company, Exxon Mobil, and Nippon Gas Co. Ltd. among others.


  • Global Electric Heat Tracing Systems Market Estimated to Reach US$ 3,551 Mn by 2025

    The global electric heat tracing systems market was valued at around US$ 2,897 Mn in 2016 and is anticipated to expand at a stable CAGR of more than 4.0% during the forecast period of 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled “Electric Heat Tracing Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.” The global electric heat tracing systems market is primarily driven by the low maintenance cost, increase in adoption of electric heat tracing systems over steam tracing systems, and rise in investment in development of oil & gas pipeline infrastructure. The electric heat tracing systems market in North America is estimated to expand at a CAGR of more than 5.0% owing to the constant demand and usage of electric heat tracing systems in various end-use sectors across the region.

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    Low maintenance cost and increase in adoption of electric heat tracing systems over steam tracing systems to drive market growth

    Since the beginning of the 19th century, steam tracing has been the primary means of industrial heat tracing such as tars, petroleum residues, and waxes flowing through pipelines and other equipment in chemical processing and petroleum industries. Currently, steam tracing system accounts for major share of the market. However, tracing of vessels and pipe work is inefficient and complex to control in steam tracing systems vis-à-vis electric heat tracing systems. The lack of reliable method to monitor and control steam tracing systems makes it unsuitable for applications such as process maintenance where tight control of temperature is mandatory. Considering the entire tracing system, control & monitoring, and power distribution system, the total installed cost of electric heat tracing system is 3/4th of the total installed cost of steam tracing system. Thus, there has been a shift toward the adoption of electric heat tracing system over steam tracing system in industrial, commercial, and residential applications.

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    Increase in R&D investments to manufacture heat tracing cables to cover long distances to boost the electric heat tracing cables segment

    Based on component, the electric heat tracing systems market has been segmented into electric heat tracing cables, power connection kit, RTD sensors, and other accessories. The other accessories segment is anticipated to account for major share of the market owing to the increase in application of electric heat tracing systems in the industrial sector. However, the electric heat tracing cables segment is projected to offer high growth opportunities during the forecast period. Major manufacturers of electric heat tracing systems are focusing on increasing the efficiency of cables to offer voltages over large distances. Consequently, significant investments are being made to develop cables with increased insulation thickness that allow higher voltages to pass through them. This is likely to boost the electric heat tracing cables segment in the near future.

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    Fragmented market with four to five key players

    Key players covered in the report include Pentair PLC, Thermon Inc., Emerson Electric Co., Danfoss, Parker Hannifin Corp, Chromalox (subsidiary of Spirax-Sarco Engineering plc), eltherm GmbH, BriskHeat, Urecon, Supermec Private Limited, and Raychem RPG. Companies operating in the global electric heat tracing systems market are focusing on in-licensing and collaboration agreements to make their products available in developed as well as developing markets such as Asia Pacific and Latin America. For instance, 3M Canada and Thermon have entered into a strategic agreement to sell electric heat tracing products of the commercial line manufactured by Thermon. According to the agreement, 3M Canada has been given full authority to market and sell three distinct products in Canada: HSX, KSR, and TTS heat tracing cables and accessories. This alliance is anticipated to strengthen the market position of Thermon in Canada, thereby increasing its market value in the commercial end-use sector.


  • Global Marine Fuel Management Market to Reach Over US$ 6.0 Bn by 2025

    The global marine fuel management market was valued at approximately US$ 4.0 Bn in 2016 and is projected to expand at a CAGR of over 4.0% from 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled ‘Marine Fuel Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025’” The report interprets that stringent regulations regarding marine vessel emissions and usage and rise in prices of marine fuel are likely to boost expansion of the marine fuel management market in the coming years (2017 to 2025). Asia Pacific and Europe account for a dominant share of global marine fuel management market. Increase in marine fleet size and heavy ship movements on Asia Pacific ports are likely to drive the marine fuel management market in Asia Pacific. The market in the region is projected to expand at a CAGR of around 4.5% during the forecast period.

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    Reduction in Overall Operation Cost of a Vessel to Drive Market Expansion

    The global marine fuel management market is primarily driven by the increase in demand for marine fuel in vessels and fleets. The operating cost of vessel mainly depends upon the marine fuel cost. High prices of fuel oil have led to the need for efficient management of marine fuel. Thus, rise in prices of marine fuel oil is expected to propel demand for marine fuel management systems. Strict laws against the consumption of natural resources such as crude oil have compelled fleet owners to use of marine fuel oil conservatively. These stringent regulations against the use and emissions of marine fleets are likely to drive the marine fuel management market. Rise in demand for marine transportation is expected to lead to increase in consumption of marine fuel, thus propelling the marine fuel management market. Furthermore, technological advancements in monitoring and metering systems is projected to offer lucrative opportunities to the marine fuel management market during the forecast period. However, lack of accuracy and security concerns in marine fuel management systems are likely to hamper the market in the near future.

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    Monitoring Segment to Gain Market Share

    The report offers detailed segmentation of the global marine fuel management market based on process and application. In terms of processes, the measuring segment is likely to account for a dominant share of the global market during the forecast period. The monitoring segment is expected to expand rapidly owing to increasing adoption rate of monitoring function in marine fuel management systems. Monitoring systems employ various methods and technologies to monitor and track fuel inventories, fuel purchases, and fuel dispenses. As fleet owners are concerned about the consumption rate of marine fuel oil, fuel monitoring is anticipated to drive the marine fuel management market.

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    Fleet Management to Offer Lucrative Opportunities

    In terms of application, the efficiency level segment is projected to hold a dominant share of global marine fuel management market during the forecast period. The segment is likely to expand at CAGR of around 4% from 2017 to 2025. The fleet management segment is projected to expand at a CAGR of approximately 4.5% during the forecast period. Ten year down the line, fleet owners are expected to concentrate on fuel management, vessel maintenance, driver management, equipment maintenance, vessel safety & compliance, and operational efficiency. This rising awareness among the fleet owners due to increase in the marine fuel prices and strict emission laws are expected to propel the fleet management segment.

    Asia Pacific to Record Escalating Expansion

    On account of marine fuel trading activities, fleet sizes, port activities, and marine fuel consumption, Asia Pacific and Europe are the leading regions of the global marine fuel management market in 2016. Asia Pacific is a rapidly expanding region of the market. Economies such as China and Singapore witness substantial movement of merchant vessels. They have been investing substantially in navigation automation, MFM systems, dynamic positioning of vessels, ballast water management, fuel consumption meters, density and viscosity meters. Increase in shipbuilding, flag conversions, and vessel software upgrades as per the requirements of IMO activities are the major factors boosting the marine fuel management market in these regions.

    Companies such as ABB, Emerson, Krill Systems, Inc., and Siemens AG are Prominent Players in the Global Marine Fuel Management Market


  • Global Lead Acid Battery Market to Reach around US$ 80 Bn by 2026

    The global lead acid battery market is projected to expand at a CAGR of 4.0% during the forecast period 2018 to 2026, according to a new research report titled "Lead Acid Battery Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025" by Transparency Market Research (TMR). According to the report, the global lead acid battery market volume is expected to surpass around seven lakh thousand units by 2026. Growth of the global lead acid battery market is driven by the extensive usage of lead acid batteries in passenger car applications due to its low cost combined with reliability of performance. The lead acid battery market in Asia Pacific is estimated to expand at a CAGR of more than 4.9% during the forecast period owing to the presence of a large manufacturing & recycling base, favorable government regulations, development in automotive and industrial sectors, and increase in focus on research and development activities.

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    Increase in vehicle production, rise in demand for lead acid batteries in industrial sector for UPS applications, and low cost and reliability to drive market growth 

    Globally, 85% of lead is primarily utilized in batteries for passenger cars, trucks, motorcycles, uninterruptible power supplies, and solar power storage. Demand for passenger vehicles has increased considerably and is anticipated to rise further in the near future. This, in turn, is creating high demand for lead acid batteries. Automobile and manufacturing sectors are witnessing significant expansion. This is driving the demand for stationary batteries for power backup and that for deep-cycle batteries for wheeled mobility such as golf cars, wheelchairs, and scissor lifts. However, improper and illegal disposal of lead acid batteries causes environmental pollution due to its high lead content. Furthermore, demand for the alternative Li-ion batteries in the automobile sector is increasing due to the poor performance and low cycle life based on temperature of lead acid batteries are restricts the market growth. Manufacturing process advancements in recycling of lead acid batteries provide opportunities to lower the adverse impact on the environment.

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    Rise in demand for absorbent glass mat sealed type batteries for automobile & UPS applications due to better cycle life, high specific power, and low maintenance 

    Based on product type, the lead acid battery market has been bifurcated into flooded and sealed. The sealed segment has been further sub-segmented into AGM and Gel. Flooded lead acid batteries are commonly utilized batteries. They are widely employed in the automotive sector. They have the least cost per ampere hour vis-à-vis other lead acid batteries. Sealed lead acid batteries are commonly known as Valve Regulated Lead Acid (VRLA) batteries. The number of plates and their thickness determine their end-use/application. The absorbed glass matt process is used in AGM lead acid batteries, wherein highly porous and fine microfiber glass separators.

    The automobile and UPS & telecom applications together account for more than 55% share of the market for flooded type batteries. Thus, these are the major segments in terms of product type. The flooded segment is anticipated to constitute key share of the market in the near future due to the extensive utilization in driverless transport vehicles, electric forklifts, and electric bicycles.

    Automotive and motorcycle applications to dominate the global lead acid battery market 

    Based on application, the lead acid battery market has been segregated into automotive, motorcycles, motive power, renewable, UPS & telecom, and others. The automotive segment holds the major share of the lead acid battery market. It is followed by the motorcycle segment. This trend is likely to continue throughout the forecast period. Lead acid batteries are primarily employed in automotive and motorcycles segment for starting, lighting, and ignition purposes. Renewable application is the one of the recent developing markets for stationary lead acid batteries to employ in off-grid renewable energy generation. Various key countries are focusing on renewable power generation. This is expected to augment the size of the lead acid battery market.

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    Asia Pacific anticipated to dominate the market during the forecast period 

    Geographically, the global lead acid battery market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to hold prominent share of the market owing to the fast-growing construction industry in countries such as China, India, Japan, South Korea, and Malaysia. This is boosting the usage of lead acid batteries in UPS applications due to its low cost and performance reliability. The increasing population leading to increasing use of vehicles and favorable government policies for lead recycling in the hands of private-public partnerships is anticipated to fuel the demand for lead acid batteries in the region. Europe is a key region of the lead acid battery market due to the ongoing developments, research and investments for off-shore in on-shore renewable energy generation activities and installations in Germany, U.K. and Italy.

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    Semi-consolidated Market with four to major players and various small to medium players 

    Key players covered in the report are EnerSys, EXIDE INDUSTRIES LTD., JOHNSON CONTROLS INTERNATIONAL PLC, GS Yuasa Corporation, etc. Other players include First National Battery, NorthStar, Amar Raja Batteries Ltd, HOPPECKE, Exide Technologies, HBL Power Systems Limited, C&D Technologies, Inc., East Penn Manufacturing Co., FIAMM Energy Technology S.p.A., Crown Battery Manufacturing Co., and Trojan Battery Company. Companies operating in the global market for lead acid batteries are focusing on market strategies to raise management performance overseas by integrating production facilities and manufacturing processes to address the major markets of lead acid batteries. For instance, Exide Technologies accounts for major share of the market in the U.S. and Europe. The company is targeting mid and downstream car manufacturers in Asia Pacific. GS Yuasa Corporation is a major Japan-based lead acid battery manufacturer, which is also concentrating on the overseas markets.

    Lead Acid Battery Market: By Product Type (Revenue US$ Mn; Volume Thousand Units; 2017-2026) 

    • Flooded
    • Sealed
      • AGM
      • Gel

    Lead Acid Battery Market: By Application (Revenue US$ Mn; Volume Thousand Units; 2017-2026) 

    • Automotive
    • Motor Cycles
    • Motive Power
    • Renewable Power
    • UPS & Telecom
    • Others (Wheelchairs, etc.)

    About Us 

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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  • Global Microturbines Market Estimated to Reach US$ 125 Mn by 2025

    The global microturbines market was valued around US$ 60 Mn in 2016 and is anticipated to expand at a CAGR of over 8% from 2017 to 2025, according to a new report by Transparency Market Research (TMR) titled ‘Microturbines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.’  Microturbines are generally small scale power generators that burn either gaseous or liquid fuel to produce electrical power. The burning of fuel creates high speed rotation of the turbine, which, in turn, rotates an electrical generator for power generation. These turbines are an essential part of distributed generation technology and are primarily used for on-site generation i.e. where the power generation and consumption happens mostly in the same place. These turbines also have great potential for CHP application, which increases their overall efficiency and provides numerous benefits to end-users.

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    Paradigm Shift toward On-Site Energy Generation likely to drive the Market for Microturbines

    Aging power infrastructure and poor grid connectivity in several parts of the world are estimated to increase the need for on-site power generation around the globe. Moreover, the rise in energy prices, increasing oil insecurity, imminent stringent regulations, and the rise in concerns regarding energy consumption and emissions are expected to boost demand for on-site power generation and therefore, the microturbines market. However, high initial capital investment and low fuel-to-electric efficiency are major restraints of the global microturbines market. Microturbines have a lower fuel-to-electric efficiency than substitutes such as reciprocating engines and other types of turbines. Moreover, they consume nearly 35% more fuel per kWh energy produced. An un-recuperated turbine has a fuel-to-electric efficiency of around 15%, while recuperated turbines have slightly higher efficiencies in the range of 25%–30%.

    The advent of new technologies and innovations can further improve the efficiency and cost effectiveness of microturbines. Development of microturbines in remote areas can further mitigate the high cost of grid connection and power transmission network costs, which can lead to much more economical power generation in off-grid areas. Microturbines, in combination with energy storage devices, can help meet demand for power from end-users during peak hours.

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    Above 250 KW and CHP Segments Expected to Lead the Global Microturbines Market during the Forecast Period

    The microturbines market can be segmented based on power rating, application, and end-user. In terms of power rating, the microturbines market can be classified into 12 KW–50 KW, 51 KW–250 KW, and above 250 KW. The above 250 KW segment was a dominant segment, accounting for over 55% market share in 2016 in terms of value. In terms of application, the microturbines market can be divided into CHP and standby power applications. The CHP segment was a prominent segment in 2016, and it is expected to continue its dominance during the forecast period.

    Improvement in Oil & Gas Industry Projected to Fuel the Expansion of the Industrial End-user Segment

    Based on end-user, the Microturbines market can be classified into residential, commercial, and industrial. The industrial end-user segment dominated the global microturbines market with more than 50% market share in 2016, and the trend is expected to continue during the forecast period. Moreover, the segment is anticipated to expand at a significant pace in the near future, primarily due to the recovery in the oil & gas industry, which forms a major component of the industrial end-users using microturbines across the globe. The commercial segment followed the lead of industrial end-user segment during the forecast period.

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    Rise in Demand from Industrial and Commercial End-user Segments in Asia Pacific is anticipated to drive the Microturbines Market in the Region

    In terms of region, the microturbine market can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America held a leading share of more than 40% of the global microturbines market in 2016. This can be attributed to the government support and incentives along with stringent environmental regulations for power generation emissions in the region. However, the market in Asia Pacific is expected to expand at a significant pace during the forecast period, primarily due to the rise in power demand in the region, along with the poor grid connectivity. Moreover, biogas production capacity in the region has increased, which is likely to drive the microturbines market as microturbines can easily operate on fuel gases with a methane content as low as 30%.

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    Monopolistic Microturbines Market with Only One Major Player Dictating Pace of the Market

    The global microturbines market is an organized market. Key players covered in this report are Capstone Turbine Corporation, Bowman, Ansaldo Energia, Flexenergy, Bladon Jets, Brayton Energy, Icrtec, 247solar, TurboTech Precision Engineering Pvt. Ltd., and Aurelia Turbines Oy. The microturbines market has been experiencing continuous product and technology developments by market players. The global microturbines market was dominated primarily by Capstone Turbine Corporation, which held a major market share. The company is focused on providing low-cost energy solutions to its customers and developing new products for CHP and CCHP applications. It also strives to provide the best aftermarket service to its customers.

    Microturbines Market: By Power Rating

    • 12 KW–50 KW
    • 51 KW–250 KW
    • Above 250 KW

    Microturbines Market: By Application

    • CHP (Combined Heat & Power)
    • Standby Power

    Microturbines Market: By End-user

    • Residential
    • Commercial
    • Industrial

    About Us

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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  • Global RF over fiber market Analysis and Value Forecast Snapshot by End-use Industry 2018-2026

    Radio over the fiber technology is truly becoming an important topic for the wireless market to support the growing data traffic volume. Optical wireless network connectivity can be typically achieved using the radiofrequency or optical wireless approach at a physical level. Optical wireless network offers a very vast unregulated bandwidth which can be oppressed by the mobile terminal within the indoor environment to set up the high speed multimedia service. The growth of RF over fiber market is highly reliant on the rising implementation of RF over fiber in defense applications in the major markets with higher defense implementations.

    Continuously increasing demand for the RF over fiber technology due to its features like very low signal loss over several kilometer without any requirement of amplification is acting as a major growth driver for the RF over fiber market. Therefore, the benefits of maintaining flat frequency response across the whole frequency band & flexibility along with the feature of being lightweight is also acting as a key factor anticipated to catalyze the growing demand of RF over fibre during the forecast period. In addition, cost effectiveness in comparison with low loss and high end coaxial cable and slope compensation amplifier is also anticipated to increase the demand of the RF over fiber technology in the upcoming years. In turn this is also projected to affect the RF over fiber market in a positive manner during the forecast period.

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    In spite of many driving factors, the RF over fiber market is expected to show a shrink and fluctuation in growth rate because of the impairment like noise and distortion which tends to limit the dynamic range and noise figure of the RF link. Issues with the digital signal which is being modulated into the RF carrier is also acting as one of the major constraint for the RF over fiber market. Limit on the Radio Frequency performance of the analog optical link and fundamental limit on the minimum to maximum link gain is also acting as restraining factor for the RF over fiber market. Wide dynamic range and very high reliability of the RF over fiber technology is expected to act as key opportunities for the RF over fiber market.

    For the purpose of doing in depth analysis, the RF over fiber market has been segmented on the basis of product type, application, element and geography. Based on the product type the RF over fiber market has been segmented into six categories those are 3 GHz, 6 GHz, 8 GHz, 15GHz, 20GHz and 40GHz. Based on the application, the RF over fiber market has been segmented into two segments they are civil application and military application. By element the market has been segmented into three categories those are optical transmitter, fiber optic cable and optical receiver Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America. By application, military application is expected to capture largest market share in the forecast period. Immunity to the EMI field force and Radio frequency identification because of the fiber being the non-conductive medium is expected to drive the segment of military application. Geographically, the global RF over fiber market is mainly driven by North America region. Significant increase in the usage of single mode and multimode fiber for defense application is driving the market of North America.

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    Some of the leading players operating in the RF over fiber market includes Finisar , HUBER + SUHNER , RF Optic , APIC Corporation , Emcore , Syntonics LLC , DEV Systemtechnik , ViaLite , Foxcom , Optical Zonu , Pharad , Fibertower  and Intelibs  among others.


  • Global Terahertz Nondestructive Testing Market Predicted to Rise at a Lucrative CAGR

    Terahertz technology is an emerging technology used in different application such as medical, biomedical, security, aerospace and materials characterization among others. The major application for this technology are material thickness and density mapping of ceramics, composite and dielectric materials. This terahertz nondestructive testing is an interesting tool for engineer to quality control of industrial product. Moreover, to reduce wafer fab rejection during manufacturing time, terahertz wafer technology scanner has been developed by scanner manufacturer across the globe. Furthermore, in nondestructive testing industry terahertz scanner is used primarily to evaluate the properties of component, material without causing any damage. The global Terahertz nondestructive testing market is anticipated to witness a steady growth during the projection period from 2018 to 2026. In nondestructive (NDT) testing, terahertz is using for imaging purposes of industrial application such as flaw detection and measurement of layer thickness of material. Moreover, growing demand across the globe, terahertz nondestructive testing are also using to determinate different critical features such as shape, thickness, defects of materials. The terahertz nondestructive testing market is predicted to be stable during the forecast years from 2018 to 2026.

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    For providing details overview of terahertz nondestructive testing market has been segmented on the basis of application and geography. On the basis of application, the market is fragmented into aviation, oil and gas, metal manufacturing and civil structure among others. During the manufacturing time of aircraft or their component needs to measure their inspection of the mechanical damage and assess the extent of the repair work. The assessment process is quite difficult to find out in an open eyes. Moreover, across the world all aircraft manufacturer and maintenance companies helping NDT process to find out critical cracks and damages which is not asses in our open eyes. There are NDT techniques are different types on the basis of their usages such as eddy current testing, ultrasonic, radiography, sonic testing and magnetic particle testing among others. In aviation, 70-80% of NDT techniques is performed on aircraft engine, landing gear, mainframe, wing and mainframe related components. In oil and gas industry, this technology is used to detect different application to find out difficult problem in machinery equipment which is boosting the growth of this product market. For providing detailed overview of the terahertz nondestructive testing in different application which is expected to dominate the market during the forecast period. Moreover, increasing infrastructure development in emerging economies and modernization of aircraft technology which is an opportunities for this product market during the forecast period.

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    Geographically, global terahertz nondestructive testing market is segmented into North America, Europe, Asia Pacific, Middle- East and Africa and Latin America. The growth in demand for aircraft and oil & gas equipment testing market is majorly driven by North America region. Asia Pacific is predicted to witness the most auspicious market in the coming years, owing to increasing number of automotive and aviation manufacturers. In addition, cumulative emphasis on research and development happenings by government initiative in aerospace and defense is also acting as a key factor in the growth for Europe market. Across the globe most promising and developing countries in Asia Pacific to dominate the second market share within next forecast period. Asia pacific region is expected to be the fasted growing market for this product due to rapid industrialization and increasing demand of fuel efficient oil & gas manufacturing market in future.

    Global terahertz nondestructive testing market is majorly driven by key players in the market. Some of the key players are Zetec Inc. (the U.S.), General Electric Company (the U.S.), Magnaflux Corporation (the U.S.), Ashtead Technology Ltd. (U.K.), Teraview ( U.K), Fraunhofer-Gesellschaft (Germany), Nikon Corporation (Japan), Mistras Group Inc. (the U.S.) and Eddyfi NDT Inc. (Canada) among others.


  • Global Track Lighting Market will Reflect Significant Growth Prospects during 2018-2026

    Light plays a vital part in our day to day life. At the point when sun rises it offers light to the entire world, yet as it sets haziness starts, hence the need for track lighting arises. Track lighting is identified by the fixtures or lights attached on the track device that contains electrical conductors. Electrical wires are concealed inside these tracks. These tracks can be easily mounted on the walls, beams and ceilings. Recently, the track lightings are one of the best adaptable lighting solutions, due to the provision that fixtures can be easily moved and added to the track. Most common examples can be found in the retail areas, displays and the galleries. Track lighting is best suitable for the areas that requires high adjustability and performance. Track lighting are the perfect solutions for the pinpoint light in different locations.

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    Increasing infrastructure development is the major factors for raising the demand for the track lighting market. The major advantage of using a track lighting is that it can be directed and positioned at the point of need to get whole of the light. In addition to this, the other benefits of track lighting include flexibility to move the lights for the specific needs or any part of the room to be highlighted and easy installations, the demand from customers are boosting the growth of the market. New strategies and beautiful lights are as yet rising in the market. Apart from this the track light looks decorative, attractive and eye catching and provides a decent ambience and many key players in the market provides customized track lighting to the customers. One of the major restraints that restricts the growth of the track lighting market is the high maintenance and service cost. Also turning on or off one of the light is the major concern associated with the track lighting. However, with the feeling of mesmerizing experience, rise in growth and demand of designing and technological advancement are expected to positively support the growth of the global track lighting market during the forecast period from 2018 to 2026. The track lighting market has seen decent growth in the lighting industry in recent years.

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    Track Lighting market is segmented into type of lights, track system, application and geography. Track Lighting market based on type of lights segmented into LED lights, incandescent lights, fluorescent lights, halogen lights, low voltage lights and others. On the basis of track system, the global track lighting is segmented into single circuit and two circuit. Based on applications the track lighting market is segmented into architectural, hospitality, institutions, residential and retail. Track lighting market is also segmented on the basis of geographic regions into North America, South America, Europe, Asia Pacific, and Middle East & Africa. United States has significant market share in track lighting market due to the heavy investments in infrastructure followed by Europe. However, the Asia-Pacific region is expected to emerge as the one of the fastest growing market in coming years due to growing economies such as China and India.

    Some of the major players in global track lighting market are Eaton Corporation Plc, Acuity Brands Lighting, Inc., WAC Lighting, Koninklijke Philips N.V., Intense Lighting, Nordic Light, Lighting Services Inc., Zhejiang Howell Illuminating Technology Co., Ltd., Rayconn,Jesco Lighting Group and Illuxtron International among others.

     


  • Global UV LED Market is likely to register double digit CAGR during 2018 to 2026

    The global market for ultraviolet (UV) LED is witnessing a phase of extensive research and development and is likely to expand at a healthy pace in the next few years. As the market witnesses the emergence of new technologies at a rapid pace and the level of competition intensifies, companies are striving hard to ramp-up their efforts at devising more effective and innovative products. The technology has advanced at a fast pace and has greatly evolved in the recent years -- serving a larger set of applications and witnessing a vast increase in demand across the globe.

    The report, with the help of data gathered with in-depth research and primary and secondary sources, identifies the key forces that are notably influencing the market and provides a greater understanding of the way the market functions. The report thus covers forces including growth drivers, restraints, and market trends. The report studies the global UV LED market by segmenting it on the basis of various parameters such as applications, end users, and geography. This categorization offers sharp insights on the scope of the market and helps readers decipher the beneficiary as well as limiting segments of the market.

    With the help of a number of analytical tools, the report provides an exhaustive amount of qualitative as well as quantitative data with respect to UV LED market size, volume, company and regional contribution, revenue, and industry share.

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    The UV LED market is driven by a number of factors, including the vast advancements seen recently in the global manufacturing industry, a vast rise in the number of government policies that advocate energy saving, and the rising set of applications of the UV LED technology. Several benefits of the UV LED technology over other lighting technologies, such as better switching capabilities, low power consumption, compact size, safe operation, and consistent UV output, also work in the favor of the UV LED market. Moreover, the rising demand for the technology across the global electronics industry, which in itself is witnessing expansion at a rapid pace, also bodes well for the market.

    Despite promising growth avenues, the UV LED market and its growth potential remain restrained due to some factors. The chief ones of these include the fact that the technology is relatively costlier as compared to other alternatives in the UV LED market and the technology still dwindles when it comes to providing the desired result in case of certain applications. Nevertheless, the market could pick pace and showcase and improved level of performance owing to the promising amount of research and development efforts being undertaken in the area. Moreover, many new companies are venturing into the UV LED market, which could lead to reduction in costs of products in the next few years.

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    From a regional standpoint, the report dives deep into the growth dynamics of the UV LED market across regions such as Middle East and Africa, Asia Pacific, Europe, North America, and Latin America. Vast forecasts pertaining to the growth prospects of these regional markets are also included in the report.

    It has been observed that the UV LED market in North America is presently the leading regional market in terms of size and contribution to the global UV LED market. The regional market continues its bullish run owing to the immense focus of developers on research and development activities. Over the forecast period, however, the UV LED market in Asia Pacific is expected to emerge as the most promising regional market owing to the vast rise in the number of developers and the thriving electronics sector.

    Some of the leading companies operating in the global UV LED market are Crystal IS, SemiLEDs Corporation, Koninklijke Philips N.V., LG INNOTEK, Sensor Electronic Technology, Inc., NICHIA CORPORATION, Seoulviosys Co., Ltd., Halma plc, Phoseon Technology, and Heraeus Holding.

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  • Global Touch Sensor Market Get Facts about Business Strategies and Financial Status

    Touch sensors detect touch or the presence of close objects without relying on physical contact. Since, it does not have any moving parts like that of mechanical switch or potentiometer, it is more convenient and reliable to use. It is one of the important components used in touch screen alongside a controller integrated circuit and software driver. Thus, touch sensors with rotary wheels, linear or rotational sliders, and touch pads offer major advantages for in-built user interfaces. Moreover, they can be updated with simple software changes. Therefore, they have been used in cellular handsets and automated teller machines for a long time. However, owing to their falling prices, their applications are further extended to include devices such as public information displays, retail and restaurant systems, customer self-service, control and automation systems, digital jukeboxes, financial and scientific applications, ticket sales in airports and movie theaters, etc.

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    Advancement in technology in conjunction with the staggering growth of hand-held devices such as cellular handsets, laptops, tablets, etc. is the key factor driving the touch sensor market across the world. Its simple user interface and low response time allows its use in the devices where space is at a premium. Thus, owing to its defined interface, the designer has greater design freedom at a reduced overall system cost. Furthermore, owing to its power efficiency and compact structure, it can be easily integrated in handheld devices such as cellular handsets. Also, it provides quick access to any and all type of digital media assisting multi-functionally of the device. Moreover, as the touch sensor is completely sealable it creates a device that is resistant to water spills and dusts to a larger extent. Therefore, it is expected to be increasingly used to enable lighter and thinner handsets and other portable devices in the future.

    Accidental touch and high sensitivity are the only key limitations that are affecting the touch sensor market. However, several manufacturers are including additional features to control these parameters in the settings menu of the device, thus leaving an insignificant impact on the high market growth.

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    An opportunity that is anticipated to boost the touch sensor market include its integration in touch-enabled devices that are used in retail and corporate sector. In these sectors, it is increasingly used to enhance product and service offerings aiding customer engagement and business growth. Apart from this, mechanical button and switch replacement in applications such as home entertainment system and home appliances are further expected to provide opportunities to the touch sensor market.

    The touch sensor market can be classified on the basis of type, technology, application, and geography. Based on type, the touch sensor market can be segmented into resistive, capacitive, infrared, surface acoustic wave, and optical. Based on technology, the touch sensor market can be segmented into conventional, flexible, and others. Based on application, the touch sensor market can be segmented into smartphones, tablets, monitors, laptops, all-in-one PCs, biometric systems, automated teller machines, and others. Others comprises of music player, digital signage, personal digital assistant, and gaming console. Based on geography, the touch sensor market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. North America and Asia Pacific are expected to be highly attractive regions for the touch sensor market owing to the presence of a large number of consumer electronics manufacturers in these regions.

    Prominent players operating in the touch sensor market include 3M Touch Systems Inc., Atmel Corp, Banpil Photonics Inc., Cypress Semiconductor Corp, DMC Co., Ltd., Freescale Semiconductor Ltd., Fujitsu Ltd, Honeywell International Inc., Infineon Technologies AG, Neonode Inc., ON semiconductor Corp, Siemens AG, and Texas instruments, Inc.

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    TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

    Contact

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