Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The global busbar protection market is expected to grow at a CAGR of 6.10%, from 2018 to 2023, to reach a market size of USD 4.31 Billion by 2023 from USD 3.20 Billion in 2018. The increasing investment to modernize the transmission & distribution infrastructure is the main driver for the growth of the busbar protection market. The development of digital protection relay (modern relay) is also fuelling the growth of the busbar protection market. Delays in grid expansion projects due to government regulations and environmental clearances is the main restraint for the busbar protection market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the busbar protection market. These players include ABB (Switzerland), Schneider Electric (France), GE (US), Siemens (Germany), Mitsubishi Electric (Japan), NR Electric (China), Toshiba (Japan), Eaton (Ireland), and ZIV (Spain).
The global paralleling switchgear market reached a size of USD 1.10 Billion in 2017 and is projected to reach USD 1.55 Billion by 2023, growing at a CAGR of 5.82% from 2018 to 2023. Increasing investments in distributed generation, ageing and overburdening of power grids, and investments in industrial sectors such as power generation, oil & gas, telecommunication, construction, and mining in the Asia Pacific, the Middle East, and Europe are driving the market for paralleling switchgear. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the leading players in the paralleling switchgear market such as GE (US), Kohler (US), Caterpillar (US), Cummins (US), Rolls-Royce (UK), and Schneider Electric (France).
The smart electric meter market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The increased need for efficient data monitoring systems, coupled with favourable government policies for a smart meter rollout is driving the market for smart electric meters. Other factors include improved cost savings, increased investment in smart grid projects in Europe and North America, and increased emphasis on renewable energy sources. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the smart electric meter market, such as Itron (US), Landis+Gyr (Toshiba Corporation) (Switzerland), Jiangsu Linyang (China), Wasion (China), Aclara Technologies (Hubbell Incorporated) (US), Schneider (France), Siemens (Germany), Honeywell (US), and Iskraemeco (Slovenia).
The global solar backsheet market is projected to grow at a CAGR of 7.02%, from 2018 to 2023, to reach a market size of USD 2.40 Billion by 2023, from an estimated market size of USD 1.71 Billion in 2018. The global market growth is driven by increasing global solar PV installations as well as policy support from governments to enable the adoption of renewable technologies, coupled with the rising need to reduce carbon emissions. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the solar backsheet market including Cybrid (China), Jolywood (China), Coveme (Italy), Krempel (Germany), and Hangzhou First (China).
The global electrical bushings market is estimated to be USD 2.45 Billion in 2018 and is projected to reach USD 2.96 Billion by 2023, growing at a CAGR of 3.86%, from 2018 to 2023. Rising electrical network expenditure and an increasing demand for electrical equipment from end-users such as railways and the renewable sector are the major drivers of the electrical bushings market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the electrical bushings market. The key players include ABB (Switzerland), Siemens (Germany), GE (US), Eaton (Ireland), and Nexans (France). The leading players are adopting various strategies to increase their market shares.
The global tension control market is estimated to be USD 891.4 Million in 2017 and is projected to reach USD 1,118.8 Million by 2022, growing at a CAGR of 4.65%, from 2017 to 2022. The increasing demand for automated tension control and the rising transition toward flexible printing & packaging from rigid packaging are driving the tension control market globally. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the tension control market. These include Maxcess (US), Montalvo (US), Erhardt+Leimer (Germany), FMS (Switzerland), Double E (US), Nireco (Japan), and Re (Italy). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global light management system market is estimated to be USD 11.66 Billion in 2018 and is projected to reach USD 21.51 Billion by 2023, growing at a CAGR of 13.03%, from 2018 to 2023. The growing demand for smart controls in building automation systems along with increasing adoption of energy-efficient lighting are the main factors driving the light management system market globally. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the light management system market. These players include GE (US), Philips Lighting (Netherlands), Eaton (Ireland), Zumtobel (Austria), and OSRAM (Germany). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global wire and cable management market reached a size of USD 15.82 Billion in 2017; it is projected to reach USD 25.26 Billion by 2023, growing at a CAGR of 8.36%, from 2018 to 2023. Increasing investments in infrastructure development activities, high demand from IT facilities and data centers, and growing urbanization in the developing regions of Asia Pacific the Middle East and Africa are driving the market for wire and cable management. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the wire and cable management market such as Legrand (France), Eaton (Ireland), Hellermann Tyton (England), Atkore (US), Panduit (US), and Obo Bettermann (Germany).
The global drilling tools market is projected to grow at a CAGR of 4.75%, from 2017 to 2022, to reach a market size of USD 8.61 Billion by 2022, from an estimated market size of USD 6.83 Billion in 2017. Increasing drilling activities, development of unconventional hydrocarbon resources coupled with high energy demand from Asia Pacific are driving the drilling tools market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the drilling tools market including Schlumberger (US), Halliburton (US), Weatherford (Switzerland), Baker Hughes GE (US), and National Oilwell Varco (US).
The mobile power plant market was valued at USD 1.27 Billion in 2016 and is estimated to grow at a CAGR of 4.56% from 2017 to 2022, to reach a market size of USD 1.73 Billion by 2022. The report provides an in-depth understanding of the competitive landscape and includes profiles of some of the leading players in the mobile power plant market. The key players include GE (US), Siemens (Germany), APR Energy (US), Kawasaki Heavy Industries (Japan), PW Power Systems (US), Metka (Greece), Solar Turbines (US), Turbine Technology Services (US), Vericor (US), Mapna (Iran), Meidensha (Japan), and Ethos Energy (UK). These players adopted various strategies such as new product launches, contracts & agreements, and investments and expansions to increase their global presence and market share.
The global turbine control system market is projected to reach a market size of USD 19.00 billion by 2023, growing at a CAGR of 4.66%, from an estimated USD 15.13 billion in 2018. This growth can be attributed to the growth of conventional power generation and increase in operational productivity of the turbines, in turn improving the efficiency of the power plant. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the turbine control system market. These players include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Emerson (US), and GE (US). The leading players adopted various strategies to increase their market shares such as contracts & agreements, new product launches, and mergers & acquisitions.
The global load break switch market is estimated to be USD 2.32 Billion in 2018 and is projected to grow at a CAGR of 6.16%, from 2018 to 2023, to reach a market size of USD 3.12 Billion by 2023. The load break switch market is driven by factors such as refurbishment of aging electrical infrastructure and increasing investment in power distribution sector. The growing renewable-based power generation is expected to boost the demand for load break switches. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the load break switch market. These include GE (US), Siemens (Germany), Schneider (France), Eaton (Ireland), and ABB (Switzerland). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global field-erected cooling tower market was valued at USD 1.72 Billion in 2016. The market is projected to grow at a CAGR of 3.78% from 2017 and reach USD 2.15 Billion by 2022. Field-erected cooling towers are of three types, namely, wet, dry, and hybrid field-erected cooling towers. The market is segmented based on design, end-user industry, and type of cooling towers. Based on the end-user industry, the market has been divided into hood power generation, petrochemicals and oil & gas, iron & steel and metallurgy, paper mills, and others. Others include HVAC and food & beverage industries. The design subsegments are further divided into natural draft, induced draft, and forced draft. Increasing demand from developing markets of Asia Pacific, growth in industrial activities worldwide, technological advancement in the field of field-erected cooling towers, and stringent environmental regulations are expected to drive the demand for field-erected cooling tower market globally. Key market players such as SPX (U.S.), Hamon (Belgium), and Enexio (Germany) dominated the market.
The global battery monitoring system market is projected to grow at a CAGR of 18.23%, during the forecast period, to reach a market size of USD 5.47 Billion by 2022, from an estimated USD 2.37 Billion in 2017. Market growth can be attributed to rising investments in data centers and growing renewable power generation globally. The increased operational efficiency of batteries and rising demand for electric vehicles are expected to boost the demand for battery monitoring systems. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the battery monitoring system market. These include NDSL (UK), Texas Instruments (US), PowerShield (New Zealand), BatteryDAQ (US), Canara (US), and Eagle Eye (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global recloser control market is estimated to reach a size of USD 1.12 Billion in 2017 and is expected to grow at a CAGR of 6.22% to reach USD 1.52 Billion by 2022. The expansion of distribution networks, increase in use of automated distribution techniques, and rise in the use of power protection equipment to increase reliability and reduce service outages are the main factors driving the recloser control market globally.Eaton (Ireland), Schneider (France), Siemens (Germany), Tavrida (Switzerland), and NOJA Power (Australia). These players have adopted growth strategies such as product launches, contracts & agreements, and expansions to capture a larger share in the recloser control market.
The global variable speed generator market is projected to reach USD 8.36 Billion by 2022, growing at a CAGR of 7.63%, from an estimated USD 5.79 Billion in 2017. This growth can be attributed to the increasing emphasis on alternative energy production across the globe, increasing government mandates over energy efficiency, and growing industrialization and urbanization.ABB (Switzerland), GE (US), Siemens (Germany), Wartsila (Finland), Cummins (US), and Rolls Royce (UK). Contracts & agreements was the most commonly adopted strategy by the top players. This was followed by new product launches, expansions and investments, and mergers & acquisitions.
The electrical SCADA market is expected to grow from an estimated USD 2.29 Billion in 2017 to USD 3.29 Billion by 2022, at a CAGR of 7.48%, during the forecast period. This growth can be attributed to factors such as increased investments in electrical networks and government initiatives toward the adoption of industrial automation. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the electrical SCADA market. These players include ABB (Switzerland), Schneider (France), Rockwell Automation (US), Yokogawa (Japan), Honeywell (US), Siemens (Germany), Larsen & Toubro (India), Mitsubishi (Japan), Emerson (US), Open system International (US), Advanced Control System (US), and Bentek Systems (Canada). These players adopted various strategies such as new product launches, contracts & agreements, and investments and expansions, to increase their global presence and market share.
The global self-healing grid market was valued at USD 1.58 Billion in 2016 and is projected to grow at a CAGR of 9.07%, during the forecast period, to reach USD 2.66 Billion by 2022. Government policies and legislative mandates for transmission & distribution utilities, complexity in distributed energy generation and the need to protect electric utilities from cyber attacks are the major factors driving the self-healing grid market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the self-healing grid market. These include ABB (Switzerland), Siemens (Germany), GE (US), Eaton (Ireland), and Schneider Electric (France). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global power system simulator market was valued at USD 785.3 Million in 2016 and is projected to reach USD 1180.6 Million by 2022, growing at a CAGR of 7.14%, from 2017 to 2022. The booming power sector and augmented power generation capacities, rising adoption of IoT and cloud platforms, and reduced overall project time and cost are driving the power system simulator market globally. The power system simulator market has been segmented based on module, offering, end-user, and region. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the power system simulator market. These include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), GE (US), ETAP (US), MathWorks (US), OPAL-RT (Canada), RTDS Technologies (Canada), and Neplan (Switzerland). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global hazard control market was valued at USD 1.17 Billion in 2016 and is expected to grow at a CAGR of 5.83%, during the forecast period, to reach USD 1.63 Billion by 2022. Stringent norms for industrial safety, the development of unconventional hydrocarbons resources, growing environmental concerns, and growing concern for human resources safety in industries are the major factors driving the hazard control market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the hazard control market. These include ABB (Switzerland), Eaton (Ireland), Emerson (US), Schneider Electric (France), and Siemens (Germany). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global AI in Oil & Gas market is expected to grow at a CAGR of 12.66%, from 2017 to 2022, to reach a projected USD 2.85 Billion by 2022. The growth will be mainly driven by the rise in adoption of the big data technology, digitalization of the Oil & Gas industry, investments in AI-related start-ups, and rising pressure to reduce production costs and increase efficiency. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in AI in the Oil & Gas market. They are IBM (US), Accenture (Republic of Ireland), Google (US), Microsoft Corporation (US), and Oracle (US). These players adopted various strategies such as new product launches, contracts & agreements, and investments and expansions, to increase their global presence and market share.
The global cables and accessories market is estimated to reach a size of USD 121.63 Billion in 2017, and is further projected to reach USD 158.25 Billion by 2022 growing at a CAGR of 5.40% from 2017 to 2022. Increasing installation of offshore windfarms, growing grid interconnections, and new transmission line projects and upgrades are driving the market growth of cables and accessories around the world. To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the cables and accessories market. These players include Prysmian (Italy), Nexans (France), NKT Cables (Germany), General Cables (US), Sumitomo (Japan), and ABB (Switzerland). Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The timing relay market is expected to grow from an estimated value of USD 464.1 Million in 2017 to USD 573.5 Million by 2022, at a CAGR of 4.32%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing demand for control devices in end-use industries and the availability of broad time delay ranges in timing relays. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the timing relay market. These include Siemens (Germany), ABB (Switzerland), General Electric (US), Schneider Electric (France), Eaton (Ireland), and Rockwell Automation (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The HVDC converter station market was valued at USD 7.31 Billion in 2016 and is expected to grow at a CAGR of 7.92% to reach USD 11.57 Billion by 2022. HVDC converter stations are specialized substations that form the terminal equipment for high voltage direct current transmission lines. They convert direct current to alternating current and vice versa. HVDC converter stations are economically beneficial for transferring bulk power over long distances as they lead to low power losses and lesser environmental impact as compared to HVAC converter stations. The major players in the HVDC converter station market are ABB (Switzerland), Siemens (Germany), and General Electric (US). The majority of the HVDC converter station market is dominated by these global players due to their wide regional presence and are established brand names. The other benefits with these players are their technologically advanced products and expertise in the industry which is helping them to lead the market.
The global bioliquid heat and power generation market is estimated to be USD 1.67 Billion in 2017 and is projected to grow at a CAGR of 6.54%, from 2017 to 2022, to reach a market size of USD 2.29 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the bioliquid heat and power generation market. These include REG (US), Neste (Finland), Kraton (US), BTG (Netherlands), and Olleco (UK). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The distributed generation market is projected to reach a market size of USD 60.04 Billion in 2017 and is expected to grow at a CAGR of 11.48% from 2017 to 2022. The growing demand for electric power accompanied with regulatory incentives for clean energy generation have shifted the focus toward distributed generation technologies. To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the distributed generation market. These players include Siemens (Germany), GE (US), Schneider (France), Mitsubishi (Japan), Capstone (US), and Doosan (South Korea). Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The global shunt reactor market is projected to grow at a CAGR of 4.56% from 2017 to 2022, and is projected to reach a market size of USD 3.19 Billion by 2022. This growth can be attributed to the increasing demand for electricity, upgradation of the aging technology in the developed nations, augmentation and modernization of the transmission and distribution network. Also, addition of high transmission lines is expected to drive the demand for global shunt reactors market. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the key players in the shunt reactor market including GE (US), Siemens (Germany), ABB (Switzerland), and Fuji Electric (Japan). Leading players in the shunt reactor industry are trying to penetrate the developing economies in Asia-Pacific region.
The micro turbines market was valued at USD 149.8 Million in 2016 and is projected to reach USD 251.0 Million by 2022, at a CAGR of 9.46%, from 2017 to 2022. Factors such as increasing global electricity demand and subsequent investments in power plants, economic benefits of implementing micro turbines, increasing efforts to reduce global greenhouse gas emissions, and growing adoption of CHP are driving the micro turbines market. The micro turbines market has been segmented by application, power rating, end-user, and region. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the micro turbines market. These include Capstone Turbine (US), FlexEnergy (US), Ansaldo Energia (Italy), MTT (Netherlands), and Toyota Turbine and Systems (Japan). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The portable filtration systems market is expected to grow from an estimated USD 512.6 Million in 2017 to USD 621.4 Million by 2022, registering a CAGR of 3.93%, from 2017 to 2022. Stringent government regulations, growth in power generation, and rising manufacturing activities are driving the portable filtration systems market globally. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the portable filtration systems market. These players include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The cooling tower rental market is estimated to be USD 0.77 Billion in 2017 and is expected to grow at a CAGR of 5.18% from 2017 to 2022 to reach the market size of USD 0.99 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Cooling tower rental. They are Aggreko (U.S.), Caterpillar, Inc. (U.S.), Trane, SPX Corporation (US), united rental and Sunbelt rental (U.S.) and Johnson Controls. The leading players are trying to enter the market of developing economies and are adopting various strategies to increase their market shares.
The global smart transformers market is projected to grow at a CAGR of 10.54%, from 2017 to 2022, to reach a market size of USD 2.43 Billion by 2022. This growth can be attributed to the increasing power demand, increasing emphasis on alternative energy production across the globe, improving and evolving technologies, digitalization of power utilities, investments in smart grids and energy systems, and revamping of old T&D infrastructure. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the smart transformers market. These players include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), and General Electric (US).
The low voltage motor control centers market is expected to grow from an estimated value of USD 3.07 Billion in 2017 to USD 4.03 Billion by 2022, at a CAGR of 5.62% from 2017 to 2022. The global market is set to witness a significant growth due to the rising industrial automation and increased use of low voltage electric motors across key industries. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the low voltage motor control centers market. These include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), Rockwell Automation (U.S.), and General Electric (U.S.), among others. The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The global medium voltage cables and accessories market was valued at USD 39.31 Billion in 2016 and is projected to grow at a CAGR of 6.27%, from 2017 to 2022. Increase in renewable energy generation and rapid industrialization and urbanization are the major drivers for growth in the medium voltage cables and accessories market. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the medium voltage cables and accessories market. These include Prysmian S.p.A. (Italy), Nexans S.A. (France), General Cable Corporation (US), NKT Group A/S (Denmark), and LS Cable & System Ltd. (South Korea). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The SCADA oil & gas market is expected to grow from an estimated USD 3.42 Billion in 2017 to USD 4.52 Billion by 2022, at a CAGR of 5.77%. To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the SCADA oil & gas market. These players include ABB Ltd. (Switzerland), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Yokogawa Electric Corporation (Japan), General Electric Company (US), Honeywell International Inc. (US), CygNet Software, Inc. (US), Siemens AG (Germany), Quorum Business Solutions, Inc. (US), Larsen & Toubro Limited (India), ZTE Corporation (China), PSI AG (Germany), Mitsubishi Electric Corporation (Japan), Orbcomm Inc. (US), Iconics, Inc. (US), Detechtion Technologies (US), eLynx Technologies, LLC (US), Globalogix, Inc. (US), TRC Advanced Technologies Inc. (US), Inductive Automation (US), International Business Machines Corporation (US), Ausenco Ltd. (Australia), Emerson Electric Co. (US), Bentek Systems (Canada), and PetroCloud, LLC (US). Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The air quality monitoring software market is expected to grow from an estimated USD 387.4 Million in 2017 to a projected USD 544.6 Million by 2022, at a CAGR of 7.05%, from 2017 to 2022. To provide an in-depth understanding of the competitive landscape, the report includes the profiles of some of the leading players in the air quality monitoring software market such as Environnement S.A. (France), Cambridge Environmental Research Consultants Ltd (UK), 3M Company (US), KISTERS AG (Germany), and Robert Bosch GmbH (Germany). The leading players are trying to gain footholds in the markets in developing countries and have been adopting various strategies to increase their market shares.
The utility asset management market is expected to grow from an estimated USD 2.75 Billion in 2017 to USD 4.09 Billion by 2022, registering a CAGR of 8.25%, from 2017 to 2022. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the utility asset management market. These players include Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric Company (US), and Emerson Electric (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The global advanced energy storage systems market is projected to grow at a CAGR of 8.38%, from 2017 to 2022, to reach a market size of USD 19.04 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the advanced energy storage systems market. These players include ABB Ltd. (Switzerland), LG Chem, Ltd. (South Korea), Samsung SDI Co, Ltd (South Korea) and Tesla, Inc. (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
The digital utility market is expected to grow from an estimated USD 135.16 Billion in 2017 to USD 244.31 Billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the digital utility market. The key players include Accenture plc (Ireland), Cap Gemini S.A. (France), General Electric Company (U.S.), Siemens AG (Germany), SAP SE (Germany), and International Business Machines Corporation (U.S.), among others. The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global floating power plant market is expected to grow from an estimated USD 889.6 Million in 2017 to USD 1,440.1 Million by 2022, at a CAGR of 10.11%, from 2017 to 2022. To provide an in-depth understanding of the competitive landscape, the report includes the profiles of companies, such as MAN Diesel & Turbo SE (Germany), Mitsubishi Corporation (Japan), Wartsila (Finland), General Electric Company (U.S.), Siemens AG (Germany), Caterpillar, Inc. (U.S.), Ciel & Terre International (France), Floating Power Plant A/S (Denmark), Ideol (France), Kyocera Corporation (Japan), Principle Power, Inc.(U.S.), Upsolar (Hong Kong), Vikram Solar Pvt., Ltd. (India), Yingli Solar (China), and SeaTwirl AB (Sweden), among others. The dominant players are trying to gain a foothold in developing economies and are adopting various methods to grab the market share.
The ceramic tube market is expected to grow from an estimated USD 691.1 Million in 2017 to USD 993.3 Million by 2022, at a CAGR of 7.52%, during the forecast period. This growth can be attributed to the increased demand for electrical transmission and distribution equipment and the replacement and refurbishment of existing power infrastructure. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the ceramic tube market. These suppliers include Kyocera Corporation (Japan), CoorsTek, Inc. (U.S.), CeramTec GmbH (Germany), Carborundum Universal, Ltd. (India), Morgan Advanced Materials (U.K.), and NGK Spark Plug Co., Ltd. (Japan). The leading players are trying to enter into the markets in developing economies and are adopting various strategies to increase their market shares.
The pump jack market is expected to grow from an estimated USD 2.86 Billion in 2017 to USD 3.63 Billion by 2022, at a CAGR of 4.88%. Increasing onshore maturing oil fields are driving the pump jack market. The leading players in the industry, based on their recent developments and other strategic industrial activities, includes Schlumberger Limited (U.S.), Halliburton (U.S.), General Electric Oil & Gas (U.K.), Weatherford International, PLC (Switzerland), Dover Corporation (U.S.), and Borets International (U.A.E.), among others.
The subsea well access system market is projected to grow at a CAGR of 4.79% from 2017 to 2022 to reach a market size of USD 3.62 Billion by 2022. With the decline in oil reserves and prices, major oil & gas companies have shifted their attention towards technological advancements in inventing tools and techniques. Some of the leading players in the subsea well access system market includes Schlumberger Limited (U.S.), Halliburton (U.S.), GE Oil & Gas (U.K.), Baker Hughes Incorporated (U.S.), and National Oilwell Varco (U.S.) among others. Contracts & agreements, new product launches and mergers & acquisitions were the most adopted strategies by players to ensure their dominance in the market.
The arc flash protection market is expected to be valued at USD 1.85 Billion in 2017 and is projected to be USD 2.41 Billion by 2022, at a CAGR of 5.38%. The arc flash protection equipment ecosystem comprises of equipment manufacturers such as ABB, Ltd. (Switzerland), Arcteq Relays, Ltd. (Finland), General Electric (U.S.), Schneider Electric (France), Eaton Corporation (Ireland), Siemens AG (Germany), Larsen & Toubro, Ltd. (India), Littelfuse, Inc. (U.S.), NR Electric Co., Ltd. (China), Oberon Company div Paramount Corporation (U.S.), Hazchem Safety (U.K.), DuPont (U.S.), Grainger, Inc. (U.S.), LSH Industrial Solutions Pte, Ltd. (Singapore), PowerPoint Engineering, Ltd. (Ireland), I-Guard Corporation (Canada), G&W Electric Company (U.S.), Mors Smitt (U.S.), Rittal GmbH & Co. KG (Germany), Salisbury (U.S.), AJ Charnaud & Co., (Pty) Ltd. (South Africa), AGO Industries, Inc. (U.K.), Clydesdale, Ltd. (U.K.), Chicago Protective Apparel (U.S.), and Pentair (U.S.) among others.
The global seismic survey market was USD 7.24 Billion in 2016 and is estimated to grow at a CAGR of 4.24%, from 2017 to 2022. The use of seismic technology in brownfields projects and shale gas exploration is expected to drive the market for seismic surveys. To provide an in-depth understanding of the competitive landscape, the report includes the profiles of companies such as Compagnie Generale de Geophysique (CGG) (France), Petroleum Geo-Services (PGS) (Norway), Fugro N.V. (Netherlands), Polarcus Limited (U.A.E.), Tomlinson Geophysical Services (TGS)-Norwegian Petroleum Exploration Consultants (NOPEC) Geophysical Company (Norway), SeaBird Exploration, PLC (Cyprus), Ion Geophysical Corporation (U.S.), Schlumberger Limited-WesternGeco (U.S.), Pulse Seismic, Inc. (Canada), and Global Geophysical Services, Inc. (U.S.).
The global reservoir analysis market is projected to grow at a CAGR of 4.11%, from 2017 to 2022, to reach a market size of USD 8.95 Billion by 2022. Key players in the reservoir analysis market include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Baker Hughes Incorporated (U.S.), Weatherford International, PLC (Switzerland), Roxar Software Solutions AS (Norway), SGS SA (Switzerland), Core Laboratories (U.S.), ALS Oil & Gas (Australia), CGG SA (France), Expro International Group Holding, Ltd. (U.K.), and Trican Well Service Limited (Canada) among others.
The global oilfield services market is projected to grow at a CAGR of 3.35%, from 2017 to 2022, to reach a market size of USD 125.51 Billion by 2022. This growth is attributed to increasing shale gas production, growing global E&P spending, and lifting of Iranian oil export sanctions. The report segments the oilfield services market, on the basis of application, into onshore and offshore. The growth of this segment is primarily driven by new exploration and production activities being carried out in offshore areas.
The oilfield equipment rental market is expected to be valued at USD 16.99 Billion in 2017 and is projected to be worth USD 20.55 Billion by 2022, at a CAGR of 3.87%. The oilfield equipment rental market is driven by factors such as technological advancement in oilfield equipment that has enabled the progress of non-conventional oil & gas fields, which were considered economically unviable, with techniques like horizontal drilling and ultra-deep drilling. Increase in global investments in exploration and production by key oil companies is also one of the driving forces for the market.
The global busbar trunking system market was valued at USD 5.90 Billion in 2016 and is expected to grow at a CAGR of 6.88%, from 2017 to 2022. Increasing demand for electricity, increased government mandates to save electricity, multiple operational and technical advantages to potential end-users, and space constraints in multi-storey buildings are the major drivers that would trigger the busbar trunking system market.
The surge protection devices market is expected to grow from an estimated USD 2.06 Billion in 2017 to USD 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022. The global market is set to witness significant growth due to growing demand for protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost escalation due to frequent equipment failures.
The air insulated switchgear market is expected to grow from an estimated USD 6.69 Billion in 2017 to USD 8.41 Billion by 2022, at a CAGR of 4.68% from 2017 to 2022. The global market is set to witness significant growth, due to the increasing expenditure in electrical network and low capital investment of air insulated switchgear.