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Power & Energy

Power & Energy Market Reports

Saudi Arabia Facility Management Market by Service (Property [HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management), by End User (Commercial, Industrial, Residential), by Mode (In-House, Outsourced [Integrated, Bundled, Single]), by Type (Hard, Soft) — Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The Saudi Arabian facility management market is estimated to attain a size of $29,563.2 million in 2018 and is projected to reach $51,616.2 million in 2024, witnessing a CAGR of 9.7% during 2019–2024. The growing application of facility management in commercial buildings, residential construction projects, infrastructure projects, and industrial projects is driving the growth of the market in the country. ... Continue Reading

High-Pressure Pumps Market by Type (Dynamic, Positive Displacement), by Pressure (30–100 bar, 101–500 bar, Above 500 bar), by Industry (Oil & Gas, Power Generation, Manufacturing, Pharmaceuticals), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Shift of exploration projects from conventional oil and gas to shale oil and gas across several regions in the world, involving hydraulic fracking process, which needs a large volume of water to extract oil and gas from shale well. In order to inject water with high pressure into shale well, exploration and production (E&P) companies require high-pressure pumps. ... Continue Reading

Hydrogen Generation Market by Production & Delivery Mode (Captive, Merchant), by Technology (Steam Methane Reforming, Partial Oil Oxidation, Coal Gasification, Water Electrolysis), by Application (Petroleum Refining, Ammonia Production, Methanol Production, Power Generation, Transportation), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The key trend identified in the global hydrogen generation market is the growing investments in the research and development (R&D) of hydrogen production technologies. As per World Energy Outlook 2018 by the International Energy Agency (IEA), investments in water electrolyzers for the production of hydrogen have increased considerably in recent years. ... Continue Reading

Distributed Energy Generation Systems Market by Technology (Solar Photovoltaic, Combined Heat & Power, Wind Turbine, Reciprocating Engine, Micro-Turbine, Fuel Cell), by End User (Residential, Commercial, Industrial), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Prominent trend identified in the global distributed energy generation systems market is increasing investment for micro grids due to lack of proper macro grid connectivity in several countries. In November 2016, International Energy Agency (IEA), estimated that 1.2 billion people, around 17% of the world’s population have no or a very limited access to electricity with the majority of this population located in Sub-Saharan Africa and East Asia. ... Continue Reading

Smart Grid Technology Market by Component (Software [Advanced Metering Infrastructure, Distribution Management System, Network Management System, Grid Asset Management, Substation Automation, Grid Security, Billing & Customer Information System], Hardware [Smart Meter], Services [Consulting, Deployment & Integration, Support & Maintenance]), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Prominent trends identified in the global smart grid technology market are growing investments in research and development (R&D) of smart technology software such as wide area monitoring and controlling, renewable energy integration, and advanced metering infrastructure. Also, several governments are looking for efficient methodologies to manage distribution of energy sources and reduce carbon emissions released by conventional energy resources.  ... Continue Reading

Biogas Market by Application (Power Generation, Domestic Fuel, Vehicle Fuel), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Prominent market trends identified in the global biogas market include mergers and acquisitions between market players, and technology transfer by major companies to sustain or strengthen their market share. A number of these activities are supported by governments in order to reduce dependency on conventional energy sources and to reduce the threat from global warming and harmful effects of greenhouse gases. ... Continue Reading

Qatar Facility Management Market by Service (Property [HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management), by End User (Commercial, Industrial, Residential), by Mode (In-House, Outsourced [Integrated, Bundled, Single]), by Type (Hard, Soft) — Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The Qatari facility management market is estimated to attain a size of $2,891.8 million in 2018 and is projected to reach $4,734.9 million by 2024, witnessing a CAGR of 8.5% during 2019–2024. Growing application of facility management in commercial buildings, residential construction projects, infrastructure projects, and industrial projects is driving the growth of the market in the country. ... Continue Reading

Rooftop Solar PV Market by Application (On-Grid, Off-Grid), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Growing adoption of rooftop solar photovoltaics (PV) panels in residential and commercial installations for generation of power using solar energy and increased investment by major players in the solar energy industry for the development of rooftop solar PV panels are the key trends witnessed in the global rooftop solar PV market. ... Continue Reading

Wave and Tidal Energy Market by Type (Wave Energy [Oscillating Wave Surge Converter, Surface Attenuator, Point Absorber/Buoy, Overtopping Device, Oscillating Water Column], Tidal Energy [Dynamic Tidal Power, Tidal Stream Generator, Tidal Lagoon, Tidal Barrage]), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Major trend being witnessed in the global wave and tidal energy market is the increased investment in the development of power projects associated with wave and tidal energy. Owing to the limited availability of conventional fuels such as oil, gas, and coal along with associated pollution released by the consumption of these fuel sources, a large number of countries are investing in cleaner energy sources, including wave and tidal energy. ... Continue Reading

Enhanced Oil Recovery Market by Technology (Gas Enhanced Oil Recovery, Thermal Enhanced Oil Recovery, Chemical Enhanced Oil Recovery), by Geography (U.S., Canada, U.K., Russia, Norway, China, India, Malaysia, Indonesia, Brazil, Mexico, Venezuela, Saudi Arabia, U.A.E., South Africa, Nigeria, Iran, Iraq) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The major trend being observed in the global enhanced oil recovery market is increased investments by companies to boost the production of oil and gas. Owing to the large-scale consumption of oil and gas, many market players are focusing on expanding their production capacity, mainly through the upgradation of existing wells, exploration of new wells, and expansion in new geographies. ... Continue Reading

U.A.E. Facility Management Market by Service (Property [HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management), by End User (Commercial, Industrial, Residential), by Mode (In-House, Outsourced [Integrated, Bundled, Single]), by Type (Hard, Soft) — Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The U.A.E. facility management market is estimated to attain a size of $13,577.4 million in 2018 and is projected to reach $23,882.3 million by 2024, witnessing a CAGR of 9.8% during 2019-2024. The growing application of facility management in commercial buildings, residential construction projects, infrastructure projects, and industrial projects is driving the growth of the facility management market in the country. ... Continue Reading

Green Energy Market by Type (Solar Photovoltaic, Wind Energy [Horizontal Axis Wind Turbines, Vertical Axis Wind Turbines], Hydroelectric Power, Biofuels [Biodiesel, Bioethanol], Geothermal Energy [Flash Steam, Binary Cycle, Dry Steam]), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Major trend being witnessed in the global green energy market is increased investment in the development of power projects associated with clean and green energy. Owing to the limited availability of the conventional fuels such as oil, gas, and coal along with associated pollution released by consumption of these fuel sources, a large number of countries are investing in clean energy sources including solar energy, hydropower, wind energy, biofuels, and geothermal energy. ... Continue Reading

LNG Bunkering Market by End User (Tanker Fleet, Container Fleet, Bulk & General Cargo Fleet, Ferries & Offshore Support Vehicles), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

Growing adoption of liquefied natural gas (LNG) as a bunker fuel and technological advancements in ship-to-ship LNG bunkering are the key trends witnessed in the LNG bunkering market. LNG produces lower sulfur content and greenhouse gas emissions than traditionally used maritime fuels, such as heavy fuel oil, marine diesel fuel, and marine gas fuel. ... Continue Reading

Wireline Services Market by Hole Type (Cased Hole [Electricline, Slickline], Open Hole), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The major trend being witnessed in the global wireline services market is increased investments for boosting the production of wireline service products. Owing to the large-scale application of these products in the oil and gas industry, most of the market players are focusing on expanding their production capacity. ... Continue Reading

Gas Meters Market by Type (Diaphragm Meters, Rotary Meters, Turbine Meters, Ultrasonic Flow Meters), by Application (Residential, Commercial, Industrial), by Technology (Standard Gas Meters, Smart Gas Meters), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

The growing utilization of gas (by residential and commercial installations) over conventional sources of energy, such as oil and fossil fuels, is identified as a major trend in the gas meters market. This shift is likely to open new areas of application for these meters as well as growth opportunities in related services, such as support and logistics, and data management. ... Continue Reading

Thermal Energy Storage Market by Type (CSP, PHES), by Technology (Sensible Heat, Latent Heat, Thermo-Chemical), by Application (Combined Heating & Cooling [Industrial, Commercial & Residential], Power Generation [Industrial, Commercial]), by Geography (U.S., Canada, Spain, France, Italy, India, Australia, China, Chile, South Africa, U.A.E., Morocco) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global thermal energy storage market was valued at $3,000.9 million in 2017 and is projected to reach $7,472.9 million by 2023, witnessing a CAGR of 15.9% during the forecast period. Growing installation rate of concentrated solar power (CSP) systems and increasing demand for energy storage solutions for heating, ventilating, and cooling (HVAC) applications are the major factors driving the market growth. ... Continue Reading

Carbon Capture and Storage Market Size, Share, Development, Growth and Demand Forecast to 2024

The global carbon capture and storage market is forecasted to grow at a significant rate owning to its increasing use in applications such as enhanced oil recovery, industrial, and agricultural. Generally, carbon capture and storage refer to the capturing of the carbon dioxide from the various application processes which emit carbon dioxide. ... Continue Reading

Lithium Air Battery Market Size, Share, Development, Growth and Demand Forecast to 2024

With the onset of renewable energy projects and rising sales of electric vehicles, the demand for highly efficient batteries has increased considerably. Lithium Air batteries are one such energy storage solutions which have high capacity to store power. These batteries are different from the traditional Lithium-ion batteries which utilizes intercalated lithium-based compound as lithium air batteries mainly use Lithium and air for facilitating the flow of energy. ... Continue Reading

Grid Scale Battery Market Size, Share, Development, Growth and Demand Forecast to 2024

World over, the focus on adoption of cleaner energy has resulted in increased development of renewable power projects. However, these projects being intermittent in nature have resulted in development of battery storage solutions that can effectively coordinate with grid operations. Grid scale battery are the energy storage solutions meant for storing electricity on a large scale mainly in an electrical power grid. ... Continue Reading

Offshore Wind Market Size, Share, Development, Growth and Demand Forecast to 2024

Offshore wind power is generated from wind farms constructed in the ocean on the continental shelf. These wind farms are installed in the ocean for energy harvesting purpose. Offshore medium offers greater wind speed as compared to offshore medium. As a result of greater wind speed, electricity generation capacity is higher for these farms as compared onshore setting. ... Continue Reading

Oil and Gas Drill Bit Market Size, Share, Development, Growth and Demand Forecast to 2024

In the oil and gas industry, drill bit is used as component to produce cylindrical hole in earth's crust for the discovery and extraction of crude oil and natural gas. This type of tool is mainly used IN rotary drilling method to produce hole in oil and gas field. Prime objective for using this type of tool is to maximize the rate of penetration of the formation and ensuring longer service life of the formation produced through drilling. ... Continue Reading

Advanced Biofuel Market Size, Share, Development, Growth and Demand Forecast to 2024

Advanced biofuel are the fuels, which can be produced from various types of non-food biomass such as agricultural waste streams, lignocellulose, woody crops, and others. This type of biofuel is known as second-generation biofuel. ... Continue Reading

Digital Oilfield Technology Market by Process (Production Optimization, Reservoir Optimization, Drilling Optimization), by Device (Remote Terminal Unit, Gateway), by Service (Instrumentation & Automation, IT Expenditure), by Geography (U.S., Canada, Mexico, U.K., Norway, Russia, China, India, Malaysia, Brazil, Saudi Arabia, U.A.E., Kuwait, Oman, Nigeria) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global digital oilfield technology market was valued at $26,570.4 million in 2017 and is projected to reach $34,871.6 million by 2023, witnessing a CAGR of 4.6% during the forecast period. The market growth is driven by cost reduction by oil and gas companies and growing involvement of software companies in digital oilfield. ... Continue Reading

Energy Storage Market by Type (Mechanical, Electrochemical, Thermal, Chemical), by Application (Fuel Saving, Arbitrage, Ancillary Services, Back-Up Supply), by Installation (Front of Meter, Behind the Meter), by Geography (U.S., Canada, Mexico, Germany, Germany, U.K., France, Spain, Italy, China, Japan, India, South Korea, Australia) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The installed capacity of the global energy storage market was 6,275.4 megawatt (MW) in 2017 and is projected to reach 51,426.0 MW by 2023, witnessing a CAGR of 42.5% during the forecast period. The market growth is driven by rising energy cost and rising demand for unconventional sources of energy generation. ... Continue Reading

Well Cementing Services Market by Service Type (Primary, Remedial), by Application (Onshore, Offshore), by Geography (U.S., Canada, Mexico, Norway, U.K., Russia, China, India, Indonesia, Brazil, Venezuela, Saudi Arabia, U.A.E., Nigeria) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global well cementing services market was valued at $7,293.7 million in 2017 and is projected to reach $8,862.0 million by 2023, witnessing a CAGR of 3.4% during the forecast period. The market growth is mainly driven by the increasing exploration and production (E&P) in unconventional reserves and large number of mature wells. ... Continue Reading

Artificial Lift Market by Type (Electrical Submersible Pump, Rod Lift, Progressive Cavity Pump, Gas Lift), by Mechanism (Pump Assisted, Gas Assisted), by Application (Onshore, Offshore), by Geography (U.S., Canada, Mexico, U.K., Russia, Norway, China, Indonesia, India, Brazil, Venezuela, Saudi Arabia) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global artificial lift market was valued at $8,010.8 million in 2017 and is projected to reach $10,883.1 million by 2023, witnessing a CAGR of 5.3% during the forecast period. The market growth is mainly driven by the increasing number of mature oil and gas fields and growing ultra-deepwater and deepwater activities, worldwide. ... Continue Reading

Solar Panel Recycling Market by Process (Thermal, Mechanical, Laser), by Type (Monocrystalline, Polycrystalline, Thin Film), by Shelf life (Normal Loss, Early Loss), by Geography (U.S., Germany, Italy, U.K., France, China, India, Japan) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global solar panel recycling market is estimated to be valued at $80.7 million in 2017 and is projected to reach $269.8 million by 2023, witnessing a CAGR of 22.0% during the forecast period. Increasing adoption of solar power as a source of energy and favorable government regulations supporting sustainable development are the key factors driving the market growth. ... Continue Reading

Charcoal Market by Type (Lump Charcoal, Charcoal Briquettes, Japanese Charcoal, Sugar Charcoal), by Application (Metallurgical Fuel, Barbecue, Industrial, Filtration), by Geography (U.S., Canada, Germany, U.K., France, Italy, China, Thailand, India, Australia, Brazil, Mexico, South Africa, Saudi Arabia) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global charcoal market is estimated to value $5,813.2 million in 2017 and is projected to grow at a CAGR of 2.0% during the forecast period. The growing demand for charcoal as a metallurgical fuel in the metal and mining industries is driving the growth of the market. ... Continue Reading

Virtual Power Plant (VPP) Market by Technology (Demand Response, Supply Side, Mixed Asset), by Consumer (Industrial, Commercial, Residential, Electric Vehicles), by Geography (U.S., Canada, Germany, U.K., France, Italy, China, Japan, Australia, South Korea, Saudi Arabia, South Africa, U.A.E., Brazil, Mexico) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global virtual power plant market is estimated to account for $1,975.1 million in 2017, and is projected to witness a CAGR of 18.6% during the forecast period. Increasing capacity of renewable power projects across major countries of the globe is driving the growth of the market. ... Continue Reading

Solar Encapsulant Market by Material (Ethylene Vinyl Acetate, Polyvinyl Butyral, Polyolefin Elastomer), by Technology (Crystalline Silicon Solar Technology, Thin-Film Solar Technology [Cadmium Telluride, Copper Indium Gallium Selenide, Amorphous Silicon]), by Application (Construction, Electronics, Automotive), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, India, Japan, Australia, South Korea, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

Solar encapsulant market is estimated to be valued at $1,036.0 million in 2017 and is projected to reach $4,555.4 million by 2023, witnessing a CAGR of 28.4% during the forecast period. The growing demand for rooftop photovoltaic (PV) modules and rising awareness about the advantages of the solar cell technology are some of the factors driving the market growth of solar encapsulants. Solar encapsulant is a thin-film sheet that protects a solar cell or module from external moisture, dust, and air. ... Continue Reading

GCC Facility Management Market by Service (Property, Cleaning, Security, Catering, Support, Environmental Management), by End User (Commercial, Residential, Industrial), by Mode (In-House, Outsourced), by Country (Saudi Arabia, U.A.E., Kuwait, Qatar) – Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

The GCC facility management market is estimated to attain a size of $40,210.5 million in 2017 and is projected to witness a CAGR of 10.7% during 2018-2023. The growing application of facility management in commercial buildings, residential construction projects, infrastructure projects, and industrial projects is driving the growth of the market in GCC countries. ... Continue Reading

Kuwait Facility Management Market by Service (Property, Cleaning, Security, Catering, Support, Environmental Management), by End User (Commercial, Residential, Industrial), by Mode (In-House, Outsourced) – Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

The Kuwait facility management market is estimated to attain a size of $1,736.7 million in 2017 and is projected to witness a CAGR of 8.5% during 2018-2023. The growing application of facility management in commercial buildings, residential construction projects, infrastructure projects, and industrial projects is driving the growth of the market in the country. ... Continue Reading

Thermally Driven Heat Pump Market by Product Type (Open Cycle, Closed Cycle), by Technology (Absorption, Adsorption)– Global Market Size, Share, Development, Growth and Demand Forecast, 2014-2024

Thermally driven heat pumps are gaining huge popularity with the growing emphasis on being eco-friendly. Some of the major factors driving the thermally driven heat pumps market include soaring demand for renewable energy, rising oil and electricity prices and growing measures to reduce carbon footprints, globally. However, the lack of customer awareness and higher cost of initial set-up are hampering ... Continue Reading

Global Solar Photovoltaic (PV) Glass Market Size, Share, Development, Growth and Demand Forecast to 2024 - Industry Insights by Product (Annealed, Toughened/Tempered), by Technology (Float, Pattern), by End-Use (Crystalline Silicon Module, Amorphous Silicon / CdTe Module, Thin-Film CIS / CIGS Module), by Application (Residential, Non-Residential, Utility)

Solar photovoltaic (PV) glass is a technology that incorporates transparent semiconductor-based photovoltaic cells, known as solar cells, enabling the conversion of sunlight into electricity. These solar cells are embedded between two glass panes and are used for PV applications in either crystalline silicon or thin film form. For crystalline silicon solar cells, solar PV cells use ultra-clear figured glass as cover, while for thin film solar cells, super clear float glass is used. ... Continue Reading

Global Hydrogen Storage Market Size, Share, Development, Growth and Demand Forecast to 2026 - Industry Insights by Form of Storage (Physical, Material-based), by Application (Stationary Power, Portable Power and Transportation)

According to the U.S. Department of Energy, hydrogen storage can be described as a key enabling technology for the advancement of hydrogen and fuel cell technologies in applications such as stationary power, portable power and transportation. Hydrogen can be stored either in solid, liquid or gaseous form. For storing hydrogen in gaseous form, high-pressure tanks having 350–700 bar tank pressure is required; whereas for liquid form, storage of  ... Continue Reading

Global Critical Power and Cooling Solutions Market Size, Share, Development, Growth and Demand Forecast to 2023 - Industry Insights by Type (Critical Power, Cooling Solution), by End-Use (Industrial, Commercial, IT and Telecommunication, Transportation and Others)

Critical power and cooling solutions include uninterrupted power supply (UPS), generators, converters, inverters, transfer switches, power transfer switching, breaker transfer pairs, generator paralleling breakers, switch transfer pairs, air conditioning, chilling units, cooling towers, liquid cooling solutions, economizer systems, control systems, pumping units, humidifiers, and air coolers. Critical power and cooling solutions provide protection against data loss, hardware damage and downtime. Additionally, critical pow... Continue Reading

Global Planar Solid Oxide Fuel Cell Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Component (Planar Cells, Separator Plates, Seals, Manifolds, Others), by Application (Portable, Stationary, Transportation)

Planar solid oxide fuel cell (SOFC) is a flat, thin ceramic plate that converts the chemical energy of a fuel into electricity with minimum emissions. Planar solid oxide fuel cell is a sub-type of SOFC operating at 1000°C and offers the highest energy efficiency, unlike other fuel cell types. They offer efficiencies more than 60% when converting fuel to electricity. ... Continue Reading

Wind Energy Foundation Market Size, Share, Development, Growth and Demand Forecast to 2024

The global wind energy foundation market is projected to grow at a significant level, during the forecast period, on account of increasing demand for clean energy resources and rising number of installations in the wind power sector. Wind energy is expected to be the largest application in terms of value in the global power production during the forecast period (2016 - 2022), due to increasing government reforms and policies focusing on adaptation of renewable ... Continue Reading

Air Core Drilling Market Size, Share, Development, Growth and Demand Forecast to 2024

The global air core drilling market is poised to grow at a robust pace during the forecast period (2016 - 2022) on account of increasing requirement for effective techniques for extraction in applications such as mines and oil and gas wells. Additionally, factors such as increasing energy demands, rising investments in exploration and production (E&P) activities and advancement in air core drilling technology are further expected to drive the market for air ... Continue Reading

Dry-Type Transformer Market Size, Share, Development, Growth and Demand Forecast to 2024

The global dry-type transformer market is expected to showcase considerable growth during the forecast period (2016 - 2022) on account of growing energy demands, reduction in fire hazards and increasing requirement for adopting safe methods to distribute electricity for residential and commercial applications. The safety advantages and the environment-friendly nature of dry-type transformers over oil-filled transformers are expected to further spur the ... Continue Reading

Global Concentrating Solar Power (CSP) Market Size, Share, Development, Growth and Demand Forecast to 2024 - Industry Insights by Technology (Parabolic Trough, Linear Fresnel, Power Tower and Dish/Stirling), by Component (Solar Field, Power Block, Thermal Energy Storage System (TESS)), by End-User (Utilities, Enhanced Oil Recovery (EOR) and Others)

According to the U.S. Department of Energy (DOE), CSP is a technology that generates solar power by using mirrors to reflect and concentrate sunlight onto receivers. The technology is gaining traction in the global concentrating solar power market. CSP technologies could collect solar energy, convert it into thermal energy for power generation and stored to produce electricity as and when required. This would in turn, enable CSP systems to be used as a ... Continue Reading

Gas Engines Market Size, Share, Development, Growth and Demand Forecast to 2024

The global gas engines market is likely to witness considerable growth during the forecast period (2016 - 2022). This growth can be owed to significantly rising electricity demand, drop in natural gas prices, increasing environmental alarms and growing requirement to diminish CO2 emissions. Gas engines are widely used in utilities, oil and gas, manufacturing, hospitals and commercial complexes. Additionally, companies are focusing on utilizing gas engines ... Continue Reading

String Inverter Market Size, Share, Development, Growth and Demand Forecast to 2024

The global string inverter market is expected to grow at a robust pace, during the forecast period (2016-2022). Several characteristic features such as easy installation and customization, decline in system cost and removal of efforts in system monitoring are expected to support overall growth in the market; however, the higher heat loss due to the large size and no panel level monitoring are expected to hinder the growth of global string inverter market. String inverters are used in residential sectors, commercial and in... Continue Reading

Transformer Monitoring System Market Size, Share, Development, Growth and Demand Forecast to 2024

Transformer monitoring systems could be used to monitor and diagnose the health of transformers and these systems help the end users to detect and identify failures in transformers that is expected to reduce the repairing costs. Increasing energy demand from developing nations and growing incidences of power outages in developed and developing countries is expected to augment the demand for transformer monitoring systems across the globe, during  ... Continue Reading

Busbar Market Size, Share, Development, Growth and Demand Forecast to 2024

The global busbar market has been witnessing considerable growth due to increasing application of busbars in the power infrastructure sector, which includes substations, switchgear, transformers and other transformation and distribution (T&D) equipment. With the rise in power generation, transmission and distribution projects, the global demand for busbars is expected to witness a substantial increase during the forecast period. Further, emerging  ... Continue Reading

Global Temporary Power Market Size, Share, Development, Growth and Demand Forecast to 2024

The global temporary power market is driven by various factors including growth of construction and infrastructural activities, lack of electricity supply and an increase in the number of planned events. The temporary power market has a large end-user base, including events, construction, manufacturing, mining, telecom, utilities, oil and gas and residential. The utilities and oil and gas segments are among the largest segments driving the temporary power market across the globe. The growth can be attributed to the lack o... Continue Reading

AC Drives Market Size, Share, Development, Growth and Demand Forecast to 2024

AC drives are used in applications such as oil and gas, water and wastewater, power generation, building automation, food and beverage, metals and mining and chemicals and petrochemicals. Oil and gas sector was the largest end user of AC drives in the global market, in 2015. The industry is expected to drive the global AC drives market, during the forecast period (2016-2022), on account of their widespread use to control the speed of pumps and ... Continue Reading

Combined Heat & Power (CHP) Installation Market Size, Share, Development, Growth and Demand Forecast to 2024

The global combined heat & power installation market is expected to grow at a significant rate over the forecast period (2016-2022), due to rising demand for electricity from commercial and industrial sectors, coupled with increasing shift toward generating energy from single fuel by replacing conventional separate heat and power system (SHP). Key factors such as growing awareness about the benefits of energy efficient technologies, low fuel pricing and ... Continue Reading

Global Motor Control Centers Market Size, Share, Development, Growth and Demand Forecast to 2024

The global motor control system market is showcasing significant growth due to increasing level of industrial automation. The industrial segment is the largest end-user for motor control centers, due to large-scale application in various industries. The industrial segment has been further sub segmented into oil and gas, chemicals, mining and metals, cement and utilities. The oil and gas and mining and metals segments are the largest end-users in the industrial ... Continue Reading

Solar Micro Inverters Market by System Type (Stand-Alone, Integrated), by End-Use (Residential, Commercial and Utilities), by Geography (US, Canada, Mexico, Germany, UK, France, Russia, China, Japan, India, Saudi Arabia, UAE, South Africa, Brazil, Chile) - Global Market Size, Share, Development, Growth and Demand Forecast, 2012-2026

Solar Micro Inverters refer to devices that convert direct current (DC) to alternating current (AC) used in all electrical devices. Micro Inverters allow power conversion at individual module or panel level, also known as panel-level conversion. As a result, the performance of solar PV cells is not jeopardized when one or more panels are shaded. Micro inverters monitor the performance of each solar panel individually while string inverters also exhibits the ... Continue Reading

Geothermal Power Market by Type (Dry Steam, Flash, Binary), by Geography (US, Italy, Iceland, Turkey, Russia, Portugal, Germany, France, Austria, Philippines, Indonesia, New Zealand, Japan, Papua New Guinea, China, Australia, Thailand, Mexico, Costa Rica, El Salvador, Nicaragua, Guatemala, Kenya and Ethiopia) - Global Market Size, Share, Development, Growth and Demand Forecast, 2012-2022

The rapid depletion of fossil fuels and global warming are creating abundant opportunities for the growth of the market. However, the high initial cost of installation of geothermal power plants is hampering the growth of the global market. The installation of geothermal power plant requires huge one-time investment to retrieve heat from deep within the earth. There are several steps involved in the installation of geothermal power plants including exploration, drilling, plant design and construction, and manufacturing of... Continue Reading

Global Wind Tower Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Tower Type (Tubular Steel Towers, Concrete Towers, Hybrid Towers, Lattice Towers, Guyed Pole Towers) by Application (Onshore, Offshore)

The global wind tower market was valued at $26,140.5 million in 2015, and it is expected to witness a CAGR of 7.4% during the forecast period. The increasing wind power capacity installations across the globe and increased government support for wind projects are driving the growth of the global wind tower market. Asia-Pacific accounted for the largest share in the global wind  ... Continue Reading

Global Floating Solar Panels Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Product Type (Stationary Floating Solar Panels, Solar-Tracking Floating Solar Panels), Location (On-Shore Floating Solar Panels, Off-Shore Floating Solar Panels)

The solar photovoltaic (PV) panels are used, as eco-friendly and renewal energy based power generation technologies around the world. These solar panels are installed upon free land and roof tops. However, solar PV systems have a major drawback of occupying large land areas. Several countries around the world do not have large free-land areas, and hence could not  ... Continue Reading

Global Completion Equipment Market Size, Share, Development, Growth and Demand Forecast to 2024

Some of the major factors driving the growth of the global completion equipment market are increasing demand of completion equipment, and increasing energy demands. Different players are investing huge capital for the exploration and production of oil sites; which is again fuelling the growth of the global completion equipment market. In addition, the increasing developments for  ... Continue Reading

Global Drilling Fluids Market Size, Share, Development, Growth and Demand Forecast to 2024

The global drilling fluids market is developing exponentially because of the rising worldwide vitality request, the shale blast, and deepwater drilling exercises. Attributable to exhausting coastal reserves the market is moving its center towards growing offshore areas. This expands the general cost and prompts the utilization of all the more drilling fluids which thusly creates higher income ... Continue Reading

Global Subsea Production and Processing Systems Market Size, Share, Development, Growth and Demand Forecast to 2024

The subsea production and processing systems market is growing due to high-investment and in producing regions such as Africa, Latin America and Middle East. Offshore operations on a large scale in regions such as Golden Triangle and Arctic consisting of offshore Brazil, Gulf of Mexico and offshore West Africa are acting as the opportunities for the subsea production  ... Continue Reading

Global Biodiesel Market Size, Share, Development, Growth and Demand Forecast to 2024

The global biodiesel market is slated for a huge growth in the next few years, not only because of the growing environmental concerns, but also because of the surging prices for non-renewable sources of energy, such as petroleum. Governments are enhancing the use of biodiesel across the globe and many countries have initiated merging of conventional diesel with a percentage of biodiesel. ... Continue Reading

Global Petroleum Coke Market Size, Share, Development, Growth and Demand Forecast to 2024

The petroleum coke market is growing at a significant rate due to emerging economies in the Asia-Pacific region. As the largest importer of petroleum gas, Asia-Pacific dominates the petroleum coke market in terms of demand. In China, most of the petroleum coke is used in power plants for generating electricity, whereas in India most of the petroleum coke is used in cement kilns owing  ... Continue Reading