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komal boudhh 2021-08-03

Surge Protection Devices Market Synopsis:The rising demand in the power sector has generated demand for technological innovations in power infrastructure.

This, in turn, is presumed to pave the way for the installation of surge protection devices on the global front over the next couple of years.

The existing systems for combating loads in industries require high maintenance costs while exhibiting low efficiency.

It is expected to lead the growthRegional Analysis:The geographical analysis of the global surge protection devices market spans across Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW).

Increasing installation of the product in buildings to provide protection against lightning strikes is poised to amplify the growth rate of the segment over the next couple of years.On the basis of voltage, the surge protection devices market has been divided into high voltage and low voltage.

Competitive Dashboard:Schneider Electric SE (France), Mitsubishi Electric Corporation (Japan), ABB Ltd. (Switzerland), Alstom SA (France), Toshiba (Japan), Siemens AG (Germany), Larsen & Turbo (India), Hitachi (Japan), Hyundai heavy industries (South Korea), Fuji Electric (Japan), Xian XD (China), Nissin Electric (Japan), Hyosung (China), Eaton (Ireland), Bharat Heavy Electric Ltd. (India), and Meidensha (Japan) are few of the major participants of the surge protection devices market.

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komal boudhh 2021-08-03

Market Analysis The global cryogenic pumps market size is predicted to develop at a 4.02% CAGR between 2017- 2024, states the recent Market Research Future (MRFR) analysis.

Cryogenic pumps, simply put, are vacuum pumps that help to capture gases via condensing the same on cold surfaces that is at low temperature.

According to the recent MRFR report, such factors include the increasing use of gases across bioscience and healthcare facilities, growing investments in energy and power, rising investments in oil and gas and electrical and electronics segment, growing adoption of such pumps in the metallurgy sector, demand for LNG based power generation, growing use of oil tankers for transportation in the shipbuilding industry, demand for liquid gases, and growth of medical gases to diagnose and treat different respiratory diseases like cardiovascular, asthma, and others.

Regional Analysis By region, the global cryogenic pumps market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), the Middle East and Africa (MEA), and South America.

Industrial development in Malaysia, India, China, and other Southeast Asian countries, growing energy need, rapid urbanization, focus on renewable generation, focus on eco-friendly sources of fuel like LNG to reduce carbon emissions, and growing demand in different end use industries such as metallurgy, processing, and manufacturing are adding to the global cryogenic pumps market growth in the region.

In North America, the global cryogenic pumps market is predicted to have healthy growth over the forecast period for the rising application in the industrial sector and the vast potential of LNG.

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komal boudhh 2021-08-03

They have high torques, which helps in providing the required propulsion when a system starts to move.

Compared to alternates, these motors require less maintenance, which makes them efficient in terms of costs.

After observing the features of electric traction motors, the authorities are now emphasizing the use of cleaner and efficient substitutes for which they are readily investing in advancing the railways and other public transportation.

Apart from the uses and features, the global electric traction market is facing challenges against the unstable raw material prices and high prices of the motor, which has restrained the market growth.

The Asia Pacific region is leading the market due to the vast population covers, demands for better alternatives, rapidly expanding automotive industry, expanding railway network, rise in per capita incomes, rapid urbanization, and other factors.

The rapidly developing economies of this region, like China, India, and Japan, are among the major contributors to this market and will provide endless opportunities in the future.Read PR @ https://www.marketresearchfuture.com/press-release/electric-traction-motor-marketIndustry NewsThe global electric traction motor market has become prominent recently as the demands for better alternates are increasing.

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komal boudhh 2021-08-03

Market InsightsMarket Research Future said a surge in the digitization of systems in prime regions has helped global blockchain in the energy market is pushing net profit from USD 180.3 Mn in 2017 to more than USD 5,000 Mn by 2023 with the higher growth rate.

Like other industries, the global blockchain in the energy market has also been impacted due to deadly virus outspread.

By the segment of implementation type, key segments included are development platforms, service & solution, and industry-specific.

By application segment, the market covers energy trading, grid management, payment schemes, control & security, logistics and supply chain.Regional FrameworkThe U.S. blockchain in the energy market is probable to observe the growth of over USD 400 million by 2025.

The potential to transform the fundamental structure of the energy industry and microgrids to assist peer in peering energy trading in an immutable and secure way will persuade the product installation.

The market in Germany is likely to expand at a fast pace owing to the rising complication in power and shifting focus toward the adoption of smart grids.

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komal boudhh 2021-08-03

 Market AnalysisMarket Research Future (MRFR) projects the global battery recycling market size to reach USD 24.50 billion at a CAGR of 5.85% from 2020 to 2026 (forecast period).

Other major factors driving the significant growth of the battery recycling market during the forecast period will be increasing concerns about depleting precious and rare earth metals, rising demand for recycled batteries in general, and stringent government regulations and EPA (Environmental Protection Agency) guidelines directed at minimizing harmful emissions and reducing global warming.Growing concerns about battery waste disposal, as well as strict government policies in light of the increased use of lithium-ion batteries, are driving the growth of the battery recycling market.

This increase in usage can be attributed to the decrease in lithium-ion battery prices as well as the growing adoption of electric vehicles, which rely heavily on this battery type.

The toxic waste generated by the manufacturing of new batteries is much greater than the toxic waste generated by recycling them.

That is one of the main reasons why many governments have enacted favorable regulations for this industry, and these regulations are expected to keep battery recycling market trends rising.COVID-19 Impact on the Global Battery Recycling MarketThe battery recycling market growth was hampered by widespread supply chain disruptions around the world and manufacturing processes that were hampered and/or suspended during the COVID-19 outbreak.

Labor shortages, raw material scarcity, global trade stagnation, and subsequent delays in product installation in the market ecosystem have proven to be key difficulties that the industry will have to overcome.

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komal boudhh 2021-08-03

Market HighlightsPumps are basically classified into two categories, namely, positive displacement and dynamic pumps.

Centrifugal pumps are used to transport liquid with large volume and substantial pressure head and are largely utilized for water, wastewater, and industrial liquid transportation in the power, steel, and domestic sectors.

The awareness level of water reuse has increased due to the decreasing level of groundwater globally.

The global Pumps market is expected to grow at ~ 4.70% CAGR during the forecast period.Key PlayersThe key players of the global pumps market are Grundfos (Denmark), Sulzer (Switzerland), Flowserve (US), ITT Corporation (US), Danfoss (Denmark), Ingersoll-Rand (Ireland), The Weir Group (UK), Ebara Corp (Japan), KSB (Germany), Schlumberger (US), Nikkiso Co Ltd (Japan), Wilo AG (Germany), and Roper Industries (US), among others.Market Research AnalysisAsia Pacific accounts for the largest market for pumps.Region wise, Asia Pacific held the largest market share of the global Pumps market in 2017.

Moreover, the increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for pumps in Asia Pacific region.Read PR @ https://www.marketresearchfuture.com/press-release/pumps-marketScope of the ReportThis report provides an in-depth analysis of the global Pumps market, tracking three market segments across five geographic regions.

The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

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komal boudhh 2021-08-03

Similarly, the oil & gas industries are also upgrading their systems, which boost the digital oilfield market.

The digitalization of oilfields has helped decrease the expenditures, as it requires a limited workforce and potential dangers from human-related errors.

Apart from the uses and features, the global digital oilfield market is vulnerable to cyber-attacks as it is a software-powered system, which is hindering the global market with the rising breach incidents.

This report will shed light on the competition, opportunities, drivers & restraints, and other factors affecting the local and global digital oilfield market.

The production sector will be the leading segment in this market.Read PR @ https://www.marketresearchfuture.com/press-release/digital-oilfield-marketRegional ClassificationThe digital oilfield has gained global adoption due to the rapid increase in offshore resource exploration activities and demands for effective surveillance systems.

The North American region is leading the market due to the rapidly expanding oil & gas industry, increasing research & development activities, presence of key market players, vast population, rising awareness, demands for advanced alternatives, increasing exports, and other factors.

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komal boudhh 2021-08-03

OverviewThe combined heat and power (CHP) market is anticipated to grow rapidly growing at a CAGR of 6.94% during the forecast period 2017 to 2023.

The global combined heat and power (CHP) market is driven by increasing deployment of combined heat and power (CHP) technologies and positive indications from governments.

These factors have helped shape the combined heat and power (CHP) market and are expected to boost the growth.

The performance of the combined heat and power (CHP) market has also been studied for the past and current years.

The combined heat and power (CHP) market segmental analysis provided in the report offers major details about the combined heat and power (CHP) market based on the data and forecasts till 2023.Read PR @ https://www.marketresearchfuture.com/press-release/combined-heat-power-marketCompetitive LandscapeThe combined heat and power (CHP) market is supported by government incentives to promote cogeneration.

However, the combined heat and power (CHP) market growth can be affected due to restricted production process.

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komal boudhh 2021-08-03

Moreover, frequent outages caused by natural calamities that can interrupt operations in industries, emergency services, homes, and commercial establishments, further escalate market growth.

According to Market Research Future (MRFR), the global diesel genset market is forecasted to grow at 5.07% CAGR during the forecast period (2019 to 2025).

Also, fuel mapping options for optimized fuel consumption for use in non-emissions regulated regions and low-NOx optimized emissions for use in mission-critical applications such as data centers enable the diesel gensets to be deployed globally without worry.New engines come with a closed-loop regeneration crankcase ventilation system and rigid block, crankcase, and sub-frame, which is estimated to contribute to the market growth exponentially to reduce noise and vibration.

By Power Rating: Up to 100 kVA, 100 kVA–350 kVA, 350 kVA–1,000 kVA and Above 1,000 kVA.By Application: Standby, Peak Shaving, Continuous, and others.By End Use      : Industrial, Commercial, and Residential.By Regions       : Asia Pacific, Europe, Americas, and the Rest-of-the-World.Read PR @ https://www.marketresearchfuture.com/press-release/diesel-genset-marketGlobal Diesel Genset Market – Geographical Analysis The Asia Pacific region dominates the global diesel genset market.

The largest market share attributes to the growing demand for steady & reliable power supply, rising development in data centers, and the increasing oil & gas activities in the region.

Additionally, low-NOx optimized use in mission-critical segments like data centers enables the diesel generators to be deployed without worry.

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komal boudhh 2021-08-03

Market Analysis The industrial gearbox market is predicted to develop at a 4.34% CAGR between 2017- 2024, states the new Market Research Future (MRFR) analysis.

Various factors are propelling the global industrial gearbox market share.

According to the recent MRFR report, such factors include the growing need for efficient energy gearbox & clean energy sources, increasing automation in manufacturing technology, increasing adoption of industrial automation, technological advances in industrial sectors and robotics, and increasing disposable income.

On the contrary, the slowdown of major economies, technical challenges, high device cost, and the on-going COVID-19 impact are factors which may limit the global industrial gearbox market growth over the forecast period.

Huge investments made by private organizations and government in material handling, metal and mining, construction, and wind power, constant investments made in developing automation in India, China, and Japan, rising installation of wind power, and growing automation in manufacturing industries are adding to the global industrial gearbox market growth in the region.

On-going advances in technology, growing adoption of artificial intelligence robots to reduce labor expenses, growing scope of applications, high sophistication level, and increasing focus to improve production efficiency are adding to the global industrial gearbox market growth in the region.

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komal boudhh 2021-08-03

Market ScenarioMarket Research Future (MRFR), in its latest transformer market 2020, reveals different governing factors of the market.

In recent years, the rise in the need for effective distribution of electricity power via reduction of current ampere and surge in voltage can impel the expansion of the market in the years ahead.

In EU, the rise of the transformer market is attributed to the presence of numerous scope in the electrical sector.

Read PR @ https://www.marketresearchfuture.com/press-release/transformer-marketKey PlayersCrompton Greaves Ltd. (India), Mitsubishi Electric Corporation (Japan), Eaton Corporation plc (Ireland), ABB Ltd., (Switzerland), Schneider Electric (France), Siemens AG (Germany), Toshiba Corporation (Japan), Hyosung Power & Industrial Solutions (South Korea), Bharat Heavy Electricals Limited (India), and SPX Transformer Solutions, Inc. (U.S.) are some notable players in the transformer global market as profiled by MRFR.

Segment Study The segment evaluation of transformer global market is based on power rating, cooling type, end-user, and type, insulation.The cooling type based segments of the transformer market are Oil-Cooled Transformer and air cooled transformer.

The End-User based segments of the transformer market are industrial, residential, utility, and industrial.

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komal boudhh 2021-08-03

Motor Control Centers Market -OverviewThe burgeoning need for reliable electric supply is expected to bolster the motor control center market 2020.

The industrial motors, pumps, and control devices reports are produced by Market Research Future, which contains market alternatives for progress.

Moreover, the concentrated efforts by the global governments towards emerging safe electrical infrastructure are projected to create rewarding prospects for expansion in the upcoming years.

Detailed Regional Analysis The regional review of the motor control market includes regions such as Asia Pacific, Europe, North America and the rest of regions in the market.

The global market for motor control is estimated to perceive a sharp rise and fall in material expenses and original product advance across conventional motor control centres and the combination of these factors is estimated to confine the expansion of the motor control centres market.Read PR @ https://www.marketresearchfuture.com/press-release/motor-control-centers-marketCompetitive Analysis The capability of contenders to influence change in the market is increasing at a stable rate in the impending period.

The emphasis on innovation is estimated to rise in the coming years, as the consumer needs have to be addressed in a better manner to ensure the resurgence of the global market.

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komal boudhh 2021-08-03

OverviewThe marine diesel engine market is projected to grow at a CAGR of 3.83% during the forecast period.

As per the marine diesel engine market research report, the global market for marine diesel engine is anticipated to grow rapidly by US$6,300 million by 2023.

As per analysts, increased focused on energy efficient marine engine along with the growing seaborne trade will drive the market growth throughout the forecast period.

The marine diesel engine market research report by expert analysts is intended to help companies in the marine diesel engine market.Market SegmentationThe global marine diesel engine market has been segmented based on speed, type, application, and stroke.

Competitive LandscapeModernization of ships and introduction of new maritime safety policies are expected to accelerate the marine diesel engine market growth worldwide.

The marine diesel engine market research report covers all such factors assisting companies in the marine diesel engine market to improve their plans and portfolio.Read PR @ https://www.marketresearchfuture.com/press-release/marine-diesel-engine-marketIndustry NewsDiesel Outboards, LLC is pleased to report that Scott Marine Power is a South Florida-led pioneer in the selling and service of marine diesel engines and the world's largest supplier of diesel engines in Florida.

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komal boudhh 2021-08-03

Market Highlights:The global solar water heater market is expected to grow at ~ 8.50% CAGR during the forecast period.Solar water heater is a device which provides hot water for industrial, commercial, and residential applications.

There are mainly three types of solar collectors that are used in residential applications such as flat-plate collector, evacuated tube collector, and unglazed water collector.

Solar water heater is majorly used to save energy bills.

Key Players:The key players of the global solar water heater market are Rheem Manufacturing (US), A.O.Smith (US), SunTank (South Africa), Bradford White Corporation (US), Bosch (Germany), Honeywell Corporation (US),  Racold (India), Alternate energy Technologies (US), Viessmann Manufacturing (US), and Wagner Solar (UK), among others.

Read PR @ https://www.marketresearchfuture.com/press-release/solar-water-heater-marketMarket Research Analysis:Asia Pacific accounts for the largest market share in the Solar Water Heater MarketRegion wise, Asia Pacific held the largest market share of the global solar water heater market in 2017.

The solar water heater market would be mainly driven by the favorable government regulations against greenhouse gas emissions.Scope of the ReportThis report provides an in-depth analysis of the global solar water heater market, tracking three market segments across four geographic regions.

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komal boudhh 2021-08-03

The rapid replacement of conventional power generation sources by solar PV tracker system can impel the expansion of the market.

Solar PV tracker offers extra efficiency of about 15% to 30% in operations.

In recent times, the growing preference for effective solutions over considering the expense criteria while making purchase decision can counter the market slow-down in the years to come.

They are; Arctech Solar (India), Convert Italia (Italy), Exosun (U.S.), First Solar (U.S.),   SunLink (U.S.), Ideematec (Germany), NClave (Spain),  Grupo Clavijo (Spain), PV Hardware (U.S.), Mahindra Susten (India), Solar Steel(Spain), NEXTracker (U.S.),  Sun Action Trackers (U.S.), Scorpius Trackers (India), Soltec(U.S.), STi Norland (Spain), and SunPower (U.S.).Read PR @ https://www.marketresearchfuture.com/press-release/solar-pv-tracker-industrySegmental OutlineThe segment study of the solar PV tracker market is based on power generation type, tracking control systems type, end-use industries, and tracking system type.

The power generation type based solar PV tracker market segments are concentrated solar thermal, solar PV, and CSP.

Concentrated solar thermal systems are observed to experience high desirability due to its efficacy in settling domestic water heating and in the generation of steam requirements.

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komal boudhh 2021-08-03

Market AnalysisMarket Research Future (MRFR) predicts the global gas turbine market to register a 4.80% CAGR from 2016 to 2023 (forecast period).A gas turbine is a combustion engine that transforms natural gas or other liquids into mechanical energy.

Global electricity demand is anticipated to rise by almost one-third of current demand in the coming years.

Major gas-producing regions, like the Middle East, the U.S., and Russia, are experiencing a major revamp in their electricity generation infrastructure to actively pursue gas-based power generation.

These changes will boost the market for gas turbines along with the need to minimize carbon emissions.The availability of large quantities of natural gas, combined with relatively lower prices, in particular in North America, Thailand, and China, has led to a rise in power generation using a gas turbine.

As stated by EIA, the share of natural gas will increase from 34% in 2018 to 39% by 2050 due to growth in drilling activities.

This is expected to spur the market growth of gas turbines globally.Competitive Landscape Ongoing mergers and acquisitions, together with rising R spending in product durability, efficiency, and versatility by major manufacturers, will complement the industry's scenario.Notable players in the global gas turbine market are General Electric (U.S.), Siemens (Germany), Kawasaki Heavy Industries, Ltd. (Japan), Mitsubishi Heavy Industries Ltd. (Japan), Alstom S.A (France), Bharat Heavy Electricals Limited.

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komal boudhh 2021-08-03

Surge Protection Devices Market Synopsis:The rising demand in the power sector has generated demand for technological innovations in power infrastructure.

This, in turn, is presumed to pave the way for the installation of surge protection devices on the global front over the next couple of years.

The existing systems for combating loads in industries require high maintenance costs while exhibiting low efficiency.

It is expected to lead the growthRegional Analysis:The geographical analysis of the global surge protection devices market spans across Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW).

Increasing installation of the product in buildings to provide protection against lightning strikes is poised to amplify the growth rate of the segment over the next couple of years.On the basis of voltage, the surge protection devices market has been divided into high voltage and low voltage.

Competitive Dashboard:Schneider Electric SE (France), Mitsubishi Electric Corporation (Japan), ABB Ltd. (Switzerland), Alstom SA (France), Toshiba (Japan), Siemens AG (Germany), Larsen & Turbo (India), Hitachi (Japan), Hyundai heavy industries (South Korea), Fuji Electric (Japan), Xian XD (China), Nissin Electric (Japan), Hyosung (China), Eaton (Ireland), Bharat Heavy Electric Ltd. (India), and Meidensha (Japan) are few of the major participants of the surge protection devices market.

komal boudhh 2021-08-03

Moreover, frequent outages caused by natural calamities that can interrupt operations in industries, emergency services, homes, and commercial establishments, further escalate market growth.

According to Market Research Future (MRFR), the global diesel genset market is forecasted to grow at 5.07% CAGR during the forecast period (2019 to 2025).

Also, fuel mapping options for optimized fuel consumption for use in non-emissions regulated regions and low-NOx optimized emissions for use in mission-critical applications such as data centers enable the diesel gensets to be deployed globally without worry.New engines come with a closed-loop regeneration crankcase ventilation system and rigid block, crankcase, and sub-frame, which is estimated to contribute to the market growth exponentially to reduce noise and vibration.

By Power Rating: Up to 100 kVA, 100 kVA–350 kVA, 350 kVA–1,000 kVA and Above 1,000 kVA.By Application: Standby, Peak Shaving, Continuous, and others.By End Use      : Industrial, Commercial, and Residential.By Regions       : Asia Pacific, Europe, Americas, and the Rest-of-the-World.Read PR @ https://www.marketresearchfuture.com/press-release/diesel-genset-marketGlobal Diesel Genset Market – Geographical Analysis The Asia Pacific region dominates the global diesel genset market.

The largest market share attributes to the growing demand for steady & reliable power supply, rising development in data centers, and the increasing oil & gas activities in the region.

Additionally, low-NOx optimized use in mission-critical segments like data centers enables the diesel generators to be deployed without worry.

komal boudhh 2021-08-03

Market Analysis The global cryogenic pumps market size is predicted to develop at a 4.02% CAGR between 2017- 2024, states the recent Market Research Future (MRFR) analysis.

Cryogenic pumps, simply put, are vacuum pumps that help to capture gases via condensing the same on cold surfaces that is at low temperature.

According to the recent MRFR report, such factors include the increasing use of gases across bioscience and healthcare facilities, growing investments in energy and power, rising investments in oil and gas and electrical and electronics segment, growing adoption of such pumps in the metallurgy sector, demand for LNG based power generation, growing use of oil tankers for transportation in the shipbuilding industry, demand for liquid gases, and growth of medical gases to diagnose and treat different respiratory diseases like cardiovascular, asthma, and others.

Regional Analysis By region, the global cryogenic pumps market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), the Middle East and Africa (MEA), and South America.

Industrial development in Malaysia, India, China, and other Southeast Asian countries, growing energy need, rapid urbanization, focus on renewable generation, focus on eco-friendly sources of fuel like LNG to reduce carbon emissions, and growing demand in different end use industries such as metallurgy, processing, and manufacturing are adding to the global cryogenic pumps market growth in the region.

In North America, the global cryogenic pumps market is predicted to have healthy growth over the forecast period for the rising application in the industrial sector and the vast potential of LNG.

komal boudhh 2021-08-03

Market Analysis The industrial gearbox market is predicted to develop at a 4.34% CAGR between 2017- 2024, states the new Market Research Future (MRFR) analysis.

Various factors are propelling the global industrial gearbox market share.

According to the recent MRFR report, such factors include the growing need for efficient energy gearbox & clean energy sources, increasing automation in manufacturing technology, increasing adoption of industrial automation, technological advances in industrial sectors and robotics, and increasing disposable income.

On the contrary, the slowdown of major economies, technical challenges, high device cost, and the on-going COVID-19 impact are factors which may limit the global industrial gearbox market growth over the forecast period.

Huge investments made by private organizations and government in material handling, metal and mining, construction, and wind power, constant investments made in developing automation in India, China, and Japan, rising installation of wind power, and growing automation in manufacturing industries are adding to the global industrial gearbox market growth in the region.

On-going advances in technology, growing adoption of artificial intelligence robots to reduce labor expenses, growing scope of applications, high sophistication level, and increasing focus to improve production efficiency are adding to the global industrial gearbox market growth in the region.

komal boudhh 2021-08-03

They have high torques, which helps in providing the required propulsion when a system starts to move.

Compared to alternates, these motors require less maintenance, which makes them efficient in terms of costs.

After observing the features of electric traction motors, the authorities are now emphasizing the use of cleaner and efficient substitutes for which they are readily investing in advancing the railways and other public transportation.

Apart from the uses and features, the global electric traction market is facing challenges against the unstable raw material prices and high prices of the motor, which has restrained the market growth.

The Asia Pacific region is leading the market due to the vast population covers, demands for better alternatives, rapidly expanding automotive industry, expanding railway network, rise in per capita incomes, rapid urbanization, and other factors.

The rapidly developing economies of this region, like China, India, and Japan, are among the major contributors to this market and will provide endless opportunities in the future.Read PR @ https://www.marketresearchfuture.com/press-release/electric-traction-motor-marketIndustry NewsThe global electric traction motor market has become prominent recently as the demands for better alternates are increasing.

komal boudhh 2021-08-03

Market ScenarioMarket Research Future (MRFR), in its latest transformer market 2020, reveals different governing factors of the market.

In recent years, the rise in the need for effective distribution of electricity power via reduction of current ampere and surge in voltage can impel the expansion of the market in the years ahead.

In EU, the rise of the transformer market is attributed to the presence of numerous scope in the electrical sector.

Read PR @ https://www.marketresearchfuture.com/press-release/transformer-marketKey PlayersCrompton Greaves Ltd. (India), Mitsubishi Electric Corporation (Japan), Eaton Corporation plc (Ireland), ABB Ltd., (Switzerland), Schneider Electric (France), Siemens AG (Germany), Toshiba Corporation (Japan), Hyosung Power & Industrial Solutions (South Korea), Bharat Heavy Electricals Limited (India), and SPX Transformer Solutions, Inc. (U.S.) are some notable players in the transformer global market as profiled by MRFR.

Segment Study The segment evaluation of transformer global market is based on power rating, cooling type, end-user, and type, insulation.The cooling type based segments of the transformer market are Oil-Cooled Transformer and air cooled transformer.

The End-User based segments of the transformer market are industrial, residential, utility, and industrial.

komal boudhh 2021-08-03

Market InsightsMarket Research Future said a surge in the digitization of systems in prime regions has helped global blockchain in the energy market is pushing net profit from USD 180.3 Mn in 2017 to more than USD 5,000 Mn by 2023 with the higher growth rate.

Like other industries, the global blockchain in the energy market has also been impacted due to deadly virus outspread.

By the segment of implementation type, key segments included are development platforms, service & solution, and industry-specific.

By application segment, the market covers energy trading, grid management, payment schemes, control & security, logistics and supply chain.Regional FrameworkThe U.S. blockchain in the energy market is probable to observe the growth of over USD 400 million by 2025.

The potential to transform the fundamental structure of the energy industry and microgrids to assist peer in peering energy trading in an immutable and secure way will persuade the product installation.

The market in Germany is likely to expand at a fast pace owing to the rising complication in power and shifting focus toward the adoption of smart grids.

komal boudhh 2021-08-03

Motor Control Centers Market -OverviewThe burgeoning need for reliable electric supply is expected to bolster the motor control center market 2020.

The industrial motors, pumps, and control devices reports are produced by Market Research Future, which contains market alternatives for progress.

Moreover, the concentrated efforts by the global governments towards emerging safe electrical infrastructure are projected to create rewarding prospects for expansion in the upcoming years.

Detailed Regional Analysis The regional review of the motor control market includes regions such as Asia Pacific, Europe, North America and the rest of regions in the market.

The global market for motor control is estimated to perceive a sharp rise and fall in material expenses and original product advance across conventional motor control centres and the combination of these factors is estimated to confine the expansion of the motor control centres market.Read PR @ https://www.marketresearchfuture.com/press-release/motor-control-centers-marketCompetitive Analysis The capability of contenders to influence change in the market is increasing at a stable rate in the impending period.

The emphasis on innovation is estimated to rise in the coming years, as the consumer needs have to be addressed in a better manner to ensure the resurgence of the global market.

komal boudhh 2021-08-03

 Market AnalysisMarket Research Future (MRFR) projects the global battery recycling market size to reach USD 24.50 billion at a CAGR of 5.85% from 2020 to 2026 (forecast period).

Other major factors driving the significant growth of the battery recycling market during the forecast period will be increasing concerns about depleting precious and rare earth metals, rising demand for recycled batteries in general, and stringent government regulations and EPA (Environmental Protection Agency) guidelines directed at minimizing harmful emissions and reducing global warming.Growing concerns about battery waste disposal, as well as strict government policies in light of the increased use of lithium-ion batteries, are driving the growth of the battery recycling market.

This increase in usage can be attributed to the decrease in lithium-ion battery prices as well as the growing adoption of electric vehicles, which rely heavily on this battery type.

The toxic waste generated by the manufacturing of new batteries is much greater than the toxic waste generated by recycling them.

That is one of the main reasons why many governments have enacted favorable regulations for this industry, and these regulations are expected to keep battery recycling market trends rising.COVID-19 Impact on the Global Battery Recycling MarketThe battery recycling market growth was hampered by widespread supply chain disruptions around the world and manufacturing processes that were hampered and/or suspended during the COVID-19 outbreak.

Labor shortages, raw material scarcity, global trade stagnation, and subsequent delays in product installation in the market ecosystem have proven to be key difficulties that the industry will have to overcome.

komal boudhh 2021-08-03

OverviewThe marine diesel engine market is projected to grow at a CAGR of 3.83% during the forecast period.

As per the marine diesel engine market research report, the global market for marine diesel engine is anticipated to grow rapidly by US$6,300 million by 2023.

As per analysts, increased focused on energy efficient marine engine along with the growing seaborne trade will drive the market growth throughout the forecast period.

The marine diesel engine market research report by expert analysts is intended to help companies in the marine diesel engine market.Market SegmentationThe global marine diesel engine market has been segmented based on speed, type, application, and stroke.

Competitive LandscapeModernization of ships and introduction of new maritime safety policies are expected to accelerate the marine diesel engine market growth worldwide.

The marine diesel engine market research report covers all such factors assisting companies in the marine diesel engine market to improve their plans and portfolio.Read PR @ https://www.marketresearchfuture.com/press-release/marine-diesel-engine-marketIndustry NewsDiesel Outboards, LLC is pleased to report that Scott Marine Power is a South Florida-led pioneer in the selling and service of marine diesel engines and the world's largest supplier of diesel engines in Florida.

komal boudhh 2021-08-03

Market HighlightsPumps are basically classified into two categories, namely, positive displacement and dynamic pumps.

Centrifugal pumps are used to transport liquid with large volume and substantial pressure head and are largely utilized for water, wastewater, and industrial liquid transportation in the power, steel, and domestic sectors.

The awareness level of water reuse has increased due to the decreasing level of groundwater globally.

The global Pumps market is expected to grow at ~ 4.70% CAGR during the forecast period.Key PlayersThe key players of the global pumps market are Grundfos (Denmark), Sulzer (Switzerland), Flowserve (US), ITT Corporation (US), Danfoss (Denmark), Ingersoll-Rand (Ireland), The Weir Group (UK), Ebara Corp (Japan), KSB (Germany), Schlumberger (US), Nikkiso Co Ltd (Japan), Wilo AG (Germany), and Roper Industries (US), among others.Market Research AnalysisAsia Pacific accounts for the largest market for pumps.Region wise, Asia Pacific held the largest market share of the global Pumps market in 2017.

Moreover, the increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for pumps in Asia Pacific region.Read PR @ https://www.marketresearchfuture.com/press-release/pumps-marketScope of the ReportThis report provides an in-depth analysis of the global Pumps market, tracking three market segments across five geographic regions.

The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

komal boudhh 2021-08-03

Market Highlights:The global solar water heater market is expected to grow at ~ 8.50% CAGR during the forecast period.Solar water heater is a device which provides hot water for industrial, commercial, and residential applications.

There are mainly three types of solar collectors that are used in residential applications such as flat-plate collector, evacuated tube collector, and unglazed water collector.

Solar water heater is majorly used to save energy bills.

Key Players:The key players of the global solar water heater market are Rheem Manufacturing (US), A.O.Smith (US), SunTank (South Africa), Bradford White Corporation (US), Bosch (Germany), Honeywell Corporation (US),  Racold (India), Alternate energy Technologies (US), Viessmann Manufacturing (US), and Wagner Solar (UK), among others.

Read PR @ https://www.marketresearchfuture.com/press-release/solar-water-heater-marketMarket Research Analysis:Asia Pacific accounts for the largest market share in the Solar Water Heater MarketRegion wise, Asia Pacific held the largest market share of the global solar water heater market in 2017.

The solar water heater market would be mainly driven by the favorable government regulations against greenhouse gas emissions.Scope of the ReportThis report provides an in-depth analysis of the global solar water heater market, tracking three market segments across four geographic regions.

komal boudhh 2021-08-03

Similarly, the oil & gas industries are also upgrading their systems, which boost the digital oilfield market.

The digitalization of oilfields has helped decrease the expenditures, as it requires a limited workforce and potential dangers from human-related errors.

Apart from the uses and features, the global digital oilfield market is vulnerable to cyber-attacks as it is a software-powered system, which is hindering the global market with the rising breach incidents.

This report will shed light on the competition, opportunities, drivers & restraints, and other factors affecting the local and global digital oilfield market.

The production sector will be the leading segment in this market.Read PR @ https://www.marketresearchfuture.com/press-release/digital-oilfield-marketRegional ClassificationThe digital oilfield has gained global adoption due to the rapid increase in offshore resource exploration activities and demands for effective surveillance systems.

The North American region is leading the market due to the rapidly expanding oil & gas industry, increasing research & development activities, presence of key market players, vast population, rising awareness, demands for advanced alternatives, increasing exports, and other factors.

komal boudhh 2021-08-03

The rapid replacement of conventional power generation sources by solar PV tracker system can impel the expansion of the market.

Solar PV tracker offers extra efficiency of about 15% to 30% in operations.

In recent times, the growing preference for effective solutions over considering the expense criteria while making purchase decision can counter the market slow-down in the years to come.

They are; Arctech Solar (India), Convert Italia (Italy), Exosun (U.S.), First Solar (U.S.),   SunLink (U.S.), Ideematec (Germany), NClave (Spain),  Grupo Clavijo (Spain), PV Hardware (U.S.), Mahindra Susten (India), Solar Steel(Spain), NEXTracker (U.S.),  Sun Action Trackers (U.S.), Scorpius Trackers (India), Soltec(U.S.), STi Norland (Spain), and SunPower (U.S.).Read PR @ https://www.marketresearchfuture.com/press-release/solar-pv-tracker-industrySegmental OutlineThe segment study of the solar PV tracker market is based on power generation type, tracking control systems type, end-use industries, and tracking system type.

The power generation type based solar PV tracker market segments are concentrated solar thermal, solar PV, and CSP.

Concentrated solar thermal systems are observed to experience high desirability due to its efficacy in settling domestic water heating and in the generation of steam requirements.

komal boudhh 2021-08-03

OverviewThe combined heat and power (CHP) market is anticipated to grow rapidly growing at a CAGR of 6.94% during the forecast period 2017 to 2023.

The global combined heat and power (CHP) market is driven by increasing deployment of combined heat and power (CHP) technologies and positive indications from governments.

These factors have helped shape the combined heat and power (CHP) market and are expected to boost the growth.

The performance of the combined heat and power (CHP) market has also been studied for the past and current years.

The combined heat and power (CHP) market segmental analysis provided in the report offers major details about the combined heat and power (CHP) market based on the data and forecasts till 2023.Read PR @ https://www.marketresearchfuture.com/press-release/combined-heat-power-marketCompetitive LandscapeThe combined heat and power (CHP) market is supported by government incentives to promote cogeneration.

However, the combined heat and power (CHP) market growth can be affected due to restricted production process.

komal boudhh 2021-08-03

Market AnalysisMarket Research Future (MRFR) predicts the global gas turbine market to register a 4.80% CAGR from 2016 to 2023 (forecast period).A gas turbine is a combustion engine that transforms natural gas or other liquids into mechanical energy.

Global electricity demand is anticipated to rise by almost one-third of current demand in the coming years.

Major gas-producing regions, like the Middle East, the U.S., and Russia, are experiencing a major revamp in their electricity generation infrastructure to actively pursue gas-based power generation.

These changes will boost the market for gas turbines along with the need to minimize carbon emissions.The availability of large quantities of natural gas, combined with relatively lower prices, in particular in North America, Thailand, and China, has led to a rise in power generation using a gas turbine.

As stated by EIA, the share of natural gas will increase from 34% in 2018 to 39% by 2050 due to growth in drilling activities.

This is expected to spur the market growth of gas turbines globally.Competitive Landscape Ongoing mergers and acquisitions, together with rising R spending in product durability, efficiency, and versatility by major manufacturers, will complement the industry's scenario.Notable players in the global gas turbine market are General Electric (U.S.), Siemens (Germany), Kawasaki Heavy Industries, Ltd. (Japan), Mitsubishi Heavy Industries Ltd. (Japan), Alstom S.A (France), Bharat Heavy Electricals Limited.