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 power metering market has huge growth opportunities owing to increasing demands from developing economies such as India, Brazil, and South Africa. The governments would enhance grid infrastructure, which would be done by installing more towers, so that more number of people have access to electricity. The power metering market is projected to reach USD 17.8 Billion by 2020, at a CAGR of 8.9% from 2015 to 2020.
There is an increasing demand for electricity is the large markets such as China, India, and Brazil, globally. Transfer switch are used for providing back-up power solutions for various critical industries such as healthcare, telecommunication, IT, datacenters, and among others. Factors including fluctuating whether conditions, industry applications, infrastructural developments, need for uninterrupted and reliable power are expected to drive the global transfer switch market. The market is expected to reach $1,470.9 Million by 2020, at a CAGR of 6.6% from 2015 to 2020.
Disconnect switch is predominantly used to isolate the electrical circuit or equipment from its source of power to perform maintenance. It can also be used as a switching device when incorporated with a fuse. Disconnect switches are used in power distribution and industries to perform repair and maintenance on the machinery by disconnecting them from electrical energy source. Disconnect switch forms an essential part of switchgear in transmission and distribution lines and are used for varied applications. The global market for disconnect switch is projected to reach $12.6 Billion by 2020, at a CAGR of 7% from 2015 to 2020. The market has been analyzed by type, mount, voltage, application, and region.
Subsea pumps are employed majorly in the offshore mature fields to improve the recovery rate by reducing back-pressure on the reservoir, thereby lowering the production expenditures. The report focuses on the subsea pump market based on its various types and applications for different regions. The global subsea pumps market is projected to reach $1,773.7 Million by 2020, at a CAGR of 11.3% during the forecast period 2015-2020.
High voltage equipment becomes the integral part of the transmission and distribution network. Power transmission includes equipment such as transformers and reactive compensation, breaker, protection and control and communication equipment and others. Continuously growing energy demand will continue to be the central market driver for transmission equipment. Market for high voltage equipment is projected to reach over USD 116 Billion by 2020, at a CAGR of 5.6% from 2015 to 2020.
The planar solid oxide fuel cell (SOFC) is a high-temperature electrochemical device that converts chemical energy to electrical energy. Unlike other fuel cells, the electrolyte used in SOFC is solid in form, which enables design and fabrication in various forms and shapes. Planar SOFC is a subtype of SOFC wherein the cell is a sandwich structure arranged in stacks, as opposed to the tubular SOFC, which is tubular in shape. Asia-Pacific is expected to be a lucrative market with an estimated market size, by value, of $139.4 Million in 2015 and a projected value of $ 251.7Million in 2020.
The oil & gas industry has witnessed significant growth in last decade due to increasing E & P activities throughout the world, when oil prices were priced above $100 per barrel. However, the recent crude oil price drop has slowed down the industry. Brent crude prices fell down to $47.7 per barrel in January 2015, from $108.1 per barrel in January 2014, which is close to 60% change. It is expected that this slump would slowly recover in the coming years with the focus of the industry being shifted to efficiency and optimization. Downhole tools still find their importance in terms of increasing production efficiencies and intervention jobs. The global downhole tools market is expected to reach a value of $4.49 Billion by 2019, at a CAGR of 4.9 % from 2014 to 2019.
Increasing population and better living standards in developing countries have led to a surge in energy and infrastructural demands. The total world population was 7.3 Billion in 2014, and is expected to grow at a rate of 1.14% per year. Emerging economies such as China, India, and Brazil are trying to develop infrastructure to provide their people the basic amenities. This is likely to boost the construction market of these countries, thereby augmenting the Hydraulic Power Unit (HPU) market in the region. Asia-Pacific held the largest share of approximately 34% in 2013, followed by North America, which held 22% of the total market share in the same year, and is expected to grow at a CAGR of 4.3% during the forecast period. The HPU market is estimated to reach $6.0 Billion at a CAGR of 5.6% from 2014 to 2019.
With increasing demand for drilling rigs, the top drive market is expected to grow as they are directly proportional to the number of drilling rigs installed. Top drives are used for onshore or offshore rigs, and can be hydraulic or electric. Earlier, the use of top drives was uncommon and rotary table/Kelly was used for the same purpose. It is used to facilitate the drilling process of a borehole. It is situated on a drilling rig, provides torque to the drill string, and makes the drilling process easy. The global top drive market is estimated to reach $1,541.3 Million by 2020, at a projected CAGR of 5.7% during the forecast period, indicating a high demand in onshore and offshore applications. The electric top drive market is estimated to reach a value of $1,381.3 Million whereas the hydraulic top drive market is projected to reach $160.3 Million by 2020.
Growing importance to water and wastewater treatment by national governments and increased production from pharmaceuticals and chemical processing industries are expected to drive the global dosing systems market. It is estimated to reach $5.3 Billion by 2019, at a CAGR of 5.0% from 2014 to 2019. The African and Middle East markets are expected to have high growth due to the diversification of economies and reduced dependence on oil; these regions are expected to witness high growth during the forecast period.
Generator circuit-breakers are connected between a generator and the step-up voltage transformer. They are generally used at the outlet of high power generators (100MVA to 1800MVA) in order to protect them in a reliable, fast, and cost-effective manner. These circuit breakers allow the passage of high permanent currents under continuous service (6.3kA to 40kA), and have a high breaking capacity (63kA to 275kA). They belong to the medium voltage range. The drivers of the generator circuit breakers market are entirely influenced by the power transmission and generation industry. Growth in the related as well as complementary markets, such as switchgear and transformer, also contribute towards the growth of generator circuit breakers. The generator circuit breakers market size is estimated to reach $302.30 Million by 2019 from $267.58 Million in 2014.
Global voltage regulators market for power distribution is projected to grow from USD 1.9 Billion to USD 2.4 Billion at a CAGR of from 4.7% 2014 to 2019. Increasing expenditure on power transmission and distribution infrastructure by utilities, along with growing demand for electricity from industrial and domestic sectors are some of the key drivers of voltage regulators market across the world.
The shale gas boom coupled with growing demand of energy with increasing drilling activities in offshore and unconventional exploration and production activities is expected to drive the North America completion equipment and services market. It is estimated to reach $5.27 billion by 2019, at CAGR of 2.5% from 2014 to 2019. Latest and highly advanced technology is required in the U.S. Gulf of Mexico and Canada. High growth in deepwater and ultra deepwater explorations in these regions is expected to push the demand for completion equipment and services market in North America.
Feeder automation is a constituent of distribution automation system, which principally focuses on remote monitoring and control of the distribution systems & their equipment. Distribution feeders include control devices, most common being the shunt capacitors to meet local volt-ampere reactive (VAR) requirements or support voltage regulation. Growing demand for energy, coupled with increasing investment in automation activities, is expected to drive the global feeder automation market to $3,445.0 Million by 2019, at a CAGR of 7.2% from 2014 to 2019.
The Middle East and Africa power rental market size is estimated to reach $9,048.25 million by 2019 from $3,942.07 million in 2014. The major factors responsible for driving the growth of this market include the increasing demand of power in the respective regions. The Middle East market remains the largest market for power rental. Widespread construction and developmental activities are driving growth of the power rental market. The permanent power producers’ inability to meet the power demand especially during extremely hot weather conditions, are considered as opportunities for the Middle East and Africa power rental market. Rising imports of low cost Chinese generators and upcoming power generation projects through renewable sources such as solar, wind and biomass energy in the Middle East and Africa can limit the growth of power rental market in the region.
The oil industry has steadily moved deeper in offshore wells to tap oil reserves in order to satisfy the increasing energy demand. This trend is a function of depleting onshore reservoirs, as well as the demand for maximizing the oil production from the existing fields. Further, while the discoveries have increased over the last ten years, they continue to fall well short of production by a considerable gap. For instance, according to IEA, 12 billion barrels were discovered in 2012, whereas only 40% of the oil was produced during the same year. Therefore, oil companies are looking for the most impactful projects to add reserves which are located offshore in deep water.
A packaged substation is an integral part of the electric power distribution system. The power sector offers a promising future with growing demands for electricity, following increasing urbanization and industrialization in the developed as well as developing nations. Packaged substations form a crucial part in the power sector across distribution and equipment protection segments. The global packaged substation market is projected to exhibit high growth on account of growing urbanization and rise in the number of upgrades on electrical infrastructure, influenced by increasing energy demand. The market is expected to be valued at $6.89 million globally in 2014. It is projected to grow at a CAGR of 10.19% during the forecast period.
The Asia-Pacific submersible pumps market is projected to grow at a CAGR of 6.4% from 2014 to 2019. China was the single-largest market for submersible pumps in 2013, holding 29.1% share, and is set to continue its dominance till 2019. It is likely to emerge as the fastest growing market during the forecast period, exhibiting a CAGR of 7.0% from 2014 to 2019, followed by India at 6.9% and Indonesia at 6.7% during the same period.
Waste is an inevitable by-product of drilling activities in the form of cuttings and mud. The increasing demand of energy and growing environmental concern is driving the solid control equipment market. Solid control equipment optimizes the drilling efficiencies by reducing fluid losses. The American Petroleum Institute (API) has estimated that approximately 1.21 barrels of total drilling waste fluids are generated for every foot drilled including solid cuttings.
The global offshore drilling rigs market value is expected to reach $102,473 million by 2019, growing at a CAGR of 9.27% from 2014 to 2019. Some of the factors responsible for this growth include increasing expenditure on exploration and production and the rising demand for energy from emerging economies like Africa, Brazil, and the U.S. Gulf of Mexico. The key concerns for the offshore drilling rigs industry include various environmental concerns and other related government regulations.
Produced water can be defined as the intensive and complex mixture of organic and inorganic compounds produced plenty while the production of the oil & gas from the reservoir. The global Produced water treatment market size is estimated to exceed $8.0 billion by 2019. The major factors responsible driving the growth of this market include the energy sector growth in Africa and the Middle East along with, increasing strictness of environmental policies.
Industrial valves market in Middle East and Africa is being driven by increasing demand for valves in oil & gas, chemical and municipal applications. The industrial valves market is expected to grow at a CAGR of 5.7% between 2014 and 2019. The market for oil & gas is estimated to be one of the fastest growing markets for industrial valves from 2014 to 2019.
The use of carbon fiber is expected to grow at a fast rate as the trend for larger blade sizes takes a firm hold in the global market. The wind turbine rotor blade market is projected to grow at a CAGR of 9.2% from 2014 to 2019. In 2014, the market was dominated by Asia-Pacific, which had more than 54% of the total installed blades in the world. The region is projected to remain the most attractive market through to 2019, even as South America along with the Middle East and Africa are set to witness promising growth rates.
The global Coriolis meters market is estimated to reach $1,932.5 Million by 2019 at a projected CAGR of 11.04% during the forecast period, indicating a high demand in oil & gas, chemicals & petrochemicals, food & beverages applications. By 2019, the liquid usage market is estimated to reach $1,521.4 Million, whereas gas usage market is projected to reach $411.1 Million.
The market is segmented on the basis of types of Well Cementing Services and applications of well cementing services. These are further broken down into different geographies. Leading players of this industry, along with their recent developments and other strategic industry activities, are profiled in the report. The top five companies are Halliburton (U.S.), Schlumberger (U.S.), Baker Hughes (U.S.), Trican Well Service Ltd. (Canada) and Calfrac Well Service Ltd. (U.S.).
The Asia-Pacific air quality control systems market is expected to cross $45.94 billion by 2019, growing at a CAGR of 6.7%, from 2014 to 2019. In terms of market size, China stood first followed by Japan, India, and South Korea in 2013. Increasing number of coal-fired power plants and cement manufacturing industries have increased the emission of exhaust gases and toxic pollutants, creating a huge demand for air quality control systems in major countries like China and India. Between 2014 and 2019, China is expected to witness the growth at a CAGR of 6.6%, to reach $35.55 billion by 2019, up from $22.65 billion in 2013.
This report analyzes and projects the market for power system state estimators by value. The global market has been broken down into regions, which cover all major geographic markets. The global power system state estimator market is estimated to reach $5.87 billion by 2019 from $3 billion in 2014, with a projected CAGR of 14.35%, signifying a high demand for state estimator and increasing concern for energy savings.
The growing demand of energy with increasing investments in offshore and unconventional exploration and production activities is expected to drive the global wireline logging services market. It is estimated to reach $25.46 billion by 2019, at a CAGR of 10.3% from 2014 to 2019. The countries in Asia-Pacific and Africa have demand for the latest and highly advanced open hole and closed hole wireline logging services. Thus these regions are expected to experience highest growth in the next five years.
Natural gas storage plays a significant role in managing the reliability of supply needed to meet the demands of consumers. A decade ago, natural gas was a regulated commodity; storage was a part of the bundled product sold by the pipelines to the distribution utilities. Ground Storage facility that includes LNG, Americas have the highest liquefaction capacity in comparison to Asia-Pacific, which dominates the market in regasification capacity. Over the next five years, the global LNG requirement is expected to increase by an additional 279.7mtpa. By 2019, the global liquefaction capacity is expected to be 704.9 mtpa.
The shale gas processing equipment market is estimated to reach about $5,769.9 Million by 2019, signifying a firm growth rate of over 16.3% from 2014 - 2019. The value of this market is estimated in terms of $million and this has been broken down into geographical regions, and further split into processing components.
The global turbogenerator market is expected to cross $10 billion mark by 2019, growing at a CAGR of 0.7% from 2014 to 2019. In terms of market size, Asia-Pacific stood first followed by Europe and North America in 2013. Rapid industrialization in the emerging countries of Asia-Pacific has led to increased demand for power, thus creating demands for new power plants. Between 2014 and 2019, the region is expected to witness the highest capacity additions though to reach $6.62 billion by 2019.
The rapid increase in power requirement, increase in government incentive policy to reduce carbon emissions, low transmission losses, and technological advancement are some of the drivers of the EHV transmission market. The market is expected to show a sound growth in the coming years. The EHV transmission global market is expected to grow approximately $14 billion by 2019 at a CAGR of over 5% from 2014 to 2019.
Gasification has reliably gained a good market in the past few decades, as there is a rise in chemical, energy, and natural gas demand all over the world. Gasification is a thermochemical process, thus there is a considerable interest in routes to liquid biofuels involving gasification as a result of the potential for routes to have low costs, high efficiency, and high well-to-wheel greenhouse savings. The improvement in characteristics of current fuels has taken the production of fuels upwards compared to traditional biofuels. This has become a substitute for clean energy supply with increased acceptance.
The demand for OCTG is driven by high exploration and production activities, growth in the proven shale reserves, and escalating investments from the oil and gas operators. The trend is set to continue with the current surge in offshore activities and shale reserve exploratory activities. The global OCTG market is thereby expected to grow to approximately $59 billion by 2019, at a CAGR of more than 7% from 2014 to 2019.
This report estimates the concentrated photovoltaic market in terms of value. The global concentrated photovoltaic market is segmented based on their concentration levels, which include high, medium, and low. The market is further segmented on the basis of regions such as Asia-Pacific, Europe, the Middle East & Africa, and Americas as well as on the basis of technologies such as refractors and reflectors. This has been further split into major countries for the respective geographies.
Waste is an inevitable by-product of our use of natural resources. Industrial waste is defined as waste that is generated by an industrial or manufacturing activity. The types of industrial waste generated includes dirt and gravel, masonry and concrete, scrap metals, oil, trash, solvents, chemicals, weed grass and trees, wood and scrap lumber, coal ash, boiler slags, and similar waste.
The global Floating Production Systems Market value is expected to reach $35.4 Billion by 2018, growing at a CAGR of 18.9% from 2013 to 2018. Key players in the industry are profiled in detail are Samsung Heavy Industries (South Korea), Hyundai Heavy Industries Corporation Ltd. (South Korea), Keppel Offshore & Marine (Singapore), Malaysia Marine and Heavy Engineering Sdn Bhd (Malaysia), Daewoo Shipbuilding & Marine Engineering Co. Ltd. (South Korea), and Technip S.A. (France).
The growing demand of energy with increasing investments in offshore and unconventional exploration and production activities is expected to drive the global pressure pumping market. It is estimated to reach $116.12 billion by 2018, at a CAGR of 16.1% from 2013 to 2018. The latest exploration and highly advanced technology required in the African and Asia-Pacific regions are expected to experience the highest revenue growth during the next five years.
Artificial lift is used to provide adequate pressure in low reservoir pressure well to thrust the crude to the surface. This process of increasing recovery in low margin production wells are supported by different types of artificial lifts such as Electric submersible pump system (ESPs), Progressive cavity pump system (PCPs), Rod Lift, Gas Lift, and Others. Artificial lift component market is the sub market of artificial lift market. ESP pump market is the largest revenue producer within component market. Apart from ESP pump, Rod lift pump and ESP motor is the next biggest revenue maker.
Growing demand of solar PVs and other applications with increasing investment in modernization of infrastructure will drive the global solar encapsulation market to 1,357.2 million by 2018, with a CAGR of 10.2% from 2013 to 2018. Major companies such as STR Holdings Inc. (U.S.), Hangzhou First PV Material Co. Ltd. (China), Solutia (U.S.), Bridgestone (Japan), Dow Corning (U.S.), DuPont (U.S.), etc. have also been profiled in this report.
The European fuel cell market revenue is estimated to reach $613.7 Million by 2018. The unit shipments of fuel cells are expected to increase from 3,776 units in 2012 to 338,727 units by 2018. Key players in the industry such as AFC Energy (U.K.), Heliocentris (Germany), Topsoe (Denmark), Genport SRL (Italy), SFC Energy (Germany), and Ceres Power (U.K.) are profiled in detail.
Fuel cells convert chemical energy into electrical energy through electromechanical reaction, like a battery; the only difference is that the fuel is supplied from outside; thereby making the fuel cell feel like an engine converting fuel into electricity without burning it. Fuel cells are of different types such as proton exchange membrane (PEM), solid oxide fuel cell (SOFC), molten carbonate fuel cell (MCFC) and many more differentiated ones based on the components used and type of reaction taking place within the cell. They can use variety of fuels such as hydrogen, methanol, biogas, natural gas, and hydrocarbons. When working with hydrogen, fuel cell generates water as outcome and gives electricity with zero emission. The fuel cells are gaining importance as the demand for clean energy is increasing and due to continuous depletion of oil and gas reserves. Furthermore, the focus is shifting towards renewable energy generation which is backed by governments and companies in North America.
The direct drive (gearless) wind turbine is the low-speed generator that eliminates the need for a gearbox from the turbine’s drive train. These turbines have advantages such as - these are lighter as compared to conventional turbine, these have significantly lower maintenance costs, and it is not needed to replace gearbox as these are gearless turbines. The most preferred direct drive wind turbine generator is the permanent magnet type generator, as it is lighter in weight and possesses high reliability for offshore applications.
The report reviews various energy storage technologies with respect to military applications. It gives a detailed analysis of the key players in this market, as well as of the patents and trends in the high power energy storage industry. Over a 100 market data tables profile the technologies and products.
Solar energy is amongst the most reliable and clean energy resources, and proves to be a viable alternative to fossil fuels that are currently responsible for polluting the environment and contributing to global warming. Solar energy is generated through various technologies viz. solar PV, solar thermal, concentrated solar thermal/power, and concentrated PV.
The report 'Coal Bed Methane (CBM) Market by Technology, Geography, Application, Regulation, Market Trends & Global Forecasts (2011 – 2021)' by MarketsandMarkets focuses on current reserves, basins, project developments, production as well as future potential. It identifies major drivers, restraints, opportunities and their current and future impacts. The report also includes company profiles for top players, competitive landscape and patent analysis.
Shale gas is natural gas produced from shale. Shale gas has become an increasingly important source of natural gas in the United States over the past decade, and interest has spread to potential gas shale in Canada, Europe, Asia, and Australia.
Waste-to-energy (WtE) is the process wherein waste is treated to generate energy. This report looks at the WtE current and emerging technologies, key players in the market and the commercialization of such technologies.
The growing demand for energy is expected to exhaust the world’s crude oil reserves in another 40 years. The market price of crude oil reached $145 per barrel in the third quarter of 2008. Though the cost per barrel was around $60 in 2009, it is expected to rise in the next few years. These factors and fluctuating costs have created the need for other resources to meet the growing demand for fuel oil.
Global Wind Turbine Market, a rapidly growing market segment of global energy, has recorded double digit annual growth in past ten years and the market is expected to maintain this growth till 2015 by reinstalling and addition of new generation turbines as well as increasing the size and efficiency of the turbines.