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narwatharsh01 · 4 months
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Global Mobile Value-Added Services Market Analysis
Mobile Value-Added Services Market Overview
The global mobile value-added services (MVAS) market has experienced significant growth in recent years, driven by the increasing adoption of mobile devices and the rising demand for data-intensive applications. The Global MVAS market size reached a staggering USD 251.9 billion in 2023, and is projected to reach a phenomenal USD 733.83 billion by 2028, growing at a healthy Compound Annual Growth Rate (CAGR) of 14.30%. Mobile VAS refers to a range of services offered by mobile network operators (MNOs) and content providers to enhance the user experience and generate additional revenue streams beyond basic voice and SMS services. Mobile VAS encompasses a wide range of services, including mobile entertainment (music, videos, games), mobile commerce (m-commerce), mobile banking, location-based services, and enterprise solutions. These services are delivered through various channels, such as SMS, MMS, mobile internet, and mobile applications, providing users with a diverse array of options to meet their evolving needs and preferences.
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Market Segmentation
The mobile VAS market can be segmented based on various factors, including service type, platform, and region:
By Service Type
Short Message Service (SMS): SMS remains a popular VAS, with billions of messages sent every day. It is widely used for content delivery, alerts, and interactive services.
Multimedia Messaging Service (MMS): MMS allows for the sending of multimedia content, such as images and videos, and is expected to see significant growth driven by the increasing adoption of smartphones and the demand for richer content experiences.
Mobile Internet: Mobile internet access is becoming increasingly popular, with users accessing the internet through their mobile devices for browsing, social media, and content streaming.
Mobile Music: Mobile music services, such as streaming and downloads, are expected to see significant growth, driven by the increasing popularity of music streaming platforms and the rise of mobile-first music consumption.
Mobile Gaming: Mobile gaming is becoming increasingly popular, with users accessing games through their mobile devices. The market is driven by the availability of high-quality games, the rise of mobile esports, and the increasing adoption of in-app purchases.
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By Platform
Android: Android is the most popular mobile operating system, with a significant market share. It offers a wide range of VAS apps and services, catering to diverse user preferences and needs.
iOS: iOS is the operating system used by Apple devices, known for its security and user-friendly interface. It has a strong presence in the premium smartphone segment and offers a curated selection of VAS apps and services.
Windows: Windows is another popular mobile operating system, known for its compatibility with Microsoft products and enterprise-focused VAS offerings.
By Region
Asia-Pacific: The Asia-Pacific region is expected to dominate the mobile VAS market, driven by the large population, increasing adoption of mobile devices, and the rapid growth of mobile internet and digital content consumption. Countries like China, India, and Indonesia are key contributors to the regional market growth.
Europe: Europe is another significant region for mobile VAS, with a high penetration of mobile devices and a growing demand for advanced services. The region is characterized by a mature market with a focus on innovation and regulatory compliance.
Americas: The Americas region is also expected to see significant growth, driven by the increasing adoption of mobile devices and data-intensive applications. The United States and Canada are the major contributors to the regional market, while Latin America presents opportunities for growth in emerging markets.
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Market Drivers and Trends
Several factors are driving the growth of the mobile VAS market, including:
Increasing adoption of mobile devices: The increasing adoption of mobile devices, such as smartphones and tablets, is driving the growth of the mobile VAS market. The global smartphone penetration rate is expected to reach 79% by 2025.
Rising demand for data-intensive applications: The rising demand for data-intensive applications, such as video streaming and online gaming, is driving the growth of the mobile VAS market. Global mobile data traffic is expected to grow at a CAGR of 46% from 2022 to 2027.
Advancements in technology: Advancements in technology, such as 5G networks and artificial intelligence, are expected to drive the growth of the mobile VAS market. 5G is expected to enable new use cases and enhance the user experience for mobile VAS.
Increasing competition: The increasing competition among mobile operators is driving the growth of the mobile VAS market, as operators seek to differentiate themselves through the provision of VAS and enhance customer loyalty.
Regulatory changes: Regulatory changes, such as the introduction of new data protection laws and the promotion of digital inclusion, are shaping the mobile VAS market and driving the adoption of responsible and inclusive services.
Key Players and Recent Developments
The mobile VAS market is dominated by several key players, including:
Telkom Indonesia: Telkom Indonesia is a leading mobile operator in Indonesia, offering a wide range of VAS, including mobile entertainment, m-commerce, and enterprise solutions.
Bharti Airtel: Bharti Airtel is a leading mobile operator in India, offering a diverse portfolio of VAS, such as mobile music, mobile games, and mobile payments.
Verizon Communications: Verizon Communications is a leading mobile operator in the United States, offering a range of VAS, including mobile video, mobile security, and mobile workforce solutions.
Vodafone Group: Vodafone Group is a leading mobile operator in Europe, offering a wide range of VAS, such as mobile money, mobile health, and mobile IoT solutions.
These companies are investing heavily in network infrastructure, content partnerships, and new technologies to stay competitive in the rapidly evolving market. For example, Telkom Indonesia has partnered with Netflix to offer exclusive content packages to its subscribers.
Conclusion
The mobile VAS market continues to evolve rapidly, driven by technological advancements, increasing demand for data-intensive applications, and the need for personalized and engaging services. The future of mobile VAS looks promising, with a focus on enhancing user experience, expanding coverage, and leveraging new technologies like 5G and AI to meet the growing demands of consumers and businesses worldwide. As the market matures, key players will need to adapt their strategies to address emerging trends, such as the rise of over-the-top (OTT) services and the increasing importance of data privacy and security.
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david843346 · 7 months
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Synchronous Generator Market: Global Demand Analysis & Opportunity Outlook 2036
Research Nester’s recent market research analysis on “Synchronous Generator Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global synchronous generator market in terms of market segmentation by prime mover, power rating, end user and by region.
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Rising Focus on Energy Efficiency, Increasing Marine Industry, and Surging Demand for Electric Vehicles to Promote Global Market Share of Synchronous Generator Market
The global synchronous generator market is estimated to grow majorly on account of the increased population, industrialization, and urbanization. The synchronous generators are commonly utilized for variable-speed wind turbines. In the year 2023, there will be almost 400, 000 wind turbines all over the world. This is projected to garner remarkable growth during the forecasted period. Other than this, the rising electrification of transportation, including electric vehicles offer various market opportunities. These generators are helpful in meeting the rising demand for electric mobility and aid in making the infrastructure important for charging. It has been estimated that in the year 2023, total number of electric cars in the world will be almost 26.1 million. Hence, the rising demand for electric vehicles augments the growth of the global synchronous generator during the forecasted period. Other than this, with the rising emphasis on renewable energy sources, synchronous generators are important for maintaining the stability of the grid and facilitating the amalgamation of renewable energy sources. The rising need for sustainable energy solutions fuels the market opportunities for the global synchronous generator in the forecasted period. There has been a constant need for an uninterrupted power supply that is fueling the demand for the global synchronous generator market.
Some of the major growth factors and challenges that are associated with the growth of the global synchronous generator are:
Growth Drivers:
The Rising Electrification of Electric Vehicle Transportation
The Growing Need for Dependable and Effective Power Production
Challenges:
Hefty upfront expenditures for infrastructures, strict environmental regulations, and the presence of alternatives are some of the major factors anticipated to hamper the global market size of global synchronous generators.
By power rating, the global synchronous generator is segmented into 10 to 20 MVA, 2 to 5 MVA, 20 to 30 MVA, 30 to 50 MVA, and 5 to 10 MVA. Out of these, the 5 to 10 MVA segment is projected to gain a robust market share of almost 27% in the coming years. The segment 5 to 10 MVA are becoming more popular to render a scalable answer to the rising energy demand in developing nations. 
By region, the Europe synchronous generator is to generate the highest revenue by the end of 2036. The rising need for effective power generation solutions is projected to propel the industry in the region. The market is moving toward improved grid stability and renewable energy sources.
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sartajblog · 8 months
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Transformer Oil Market Navigating Dynamics and Opportunities in the Global Transformer Oil Market Forecast 2023-2032
Transformer Oil Market: Powering the Future of Electrical Infrastructure
Introduction
The Transformer Oil Market is poised for robust growth, driven by the increasing demand for electrical power and the global shift towards sustainable energy. Transformer oil, also known as insulating oil, plays a crucial role in maintaining the efficiency and insulation of transformers, ensuring the smooth functioning of electrical systems. In this comprehensive market analysis, we delve into the dynamics, trends, and factors influencing the Transformer Oil Market.
Market Overview
In 2023, the Global Transformer Oil Market is estimated to be valued at USD 2,981.5 Million, with a projected compound annual growth rate (CAGR) of 13.2% for the forecast period from 2023 to 2032. Transformer oil, recognized for its stability at high temperatures and superior electrical insulation properties, serves as a key component in transformers. Its dual function of suppressing arcing and dissipating heat is vital for the efficient operation of transformers.
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Functions of Transformer Oil
Transformer oil performs two crucial functions in transformers:
Moreover, transformer oil acts as a protective layer against oxidation of metal surfaces and aids in better cooling and insulation by properly dipping the core and windings of transformers.
Alternatives and Environmental Concerns
To address environmental concerns and economic considerations, alternative transformer oils, including soybean oil, palm kernel oil, and coconut oil, have emerged. These alternatives are readily available in countries like India, Malaysia, and Sri Lanka. Bio-based transformer oils are gaining traction due to their superior fire resistance and non-toxic characteristics, aligning with environmental sustainability.
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Market Dynamics
The Transformer Oil Market is experiencing significant growth, primarily fueled by its extensive use in the power generation sector. The global emphasis on sustainable energy sources and the rise in electricity trade across borders, particularly in Asia, contribute to market expansion. The surge in wind power projects further bolsters the demand for transformer oil, serving as a lubricant and coolant in turbines and transformers.
Challenges and Opportunities
Despite the positive outlook, challenges such as the acceptance of alternative transformer techniques and fluctuations in crude oil prices exist. Strict regulations addressing the negative impacts of minerals and crude oil price variations also impede market growth. However, the expanding distribution of energy, driven by increased electricity consumption in emerging economies like India and China, presents significant growth opportunities.
Research Scope and Analysis
By Type
Mineral-Based Oils
Mineral-based oils dominate the market, holding a maximum share in 2023. These oils find extensive use in various sectors, including circuit breakers, capacitors, and high-compatibility areas. The preference for mineral-based oils in conditioning switchgear, transformers, and boilers is attributed to their efficiency in heat transfer and preservation of transformer interiors.
On the other hand, a shift towards bio-based products is evident in recent times. Bio-based oils, derived from vegetable sources, offer superior performance and environmental friendliness. The rising trend of bio-based products is expected to create new growth avenues, although challenges related to non-biodegradability may impact certain mineral oil products.
Silicon-Based Oils
Bio-Based Oils
By Rating
The market is segmented by rating, with the 100 MVA-500 MVA segment dominating in 2023. These transformers, designed for extensive industrial environments, play a crucial role in power generation, transmission, and distribution. The <100 MVA segment follows, anticipated to exhibit the fastest CAGR by 2032 due to widespread applications in power distribution channels.
By End User
Industrial
The industrial segment commands the market with the maximum share in 2023. The global rise in industrialization has increased the demand for transformers across sectors like food processing, chemicals, steel, and automotive. Transformers are essential for various electrical machinery operating at different voltage levels, driving the demand for transformer oils to ensure smooth operations.
Residential
The residential segment is poised to grow with the maximum CAGR in the coming years. The increasing population and residential developments drive the need for transformers in houses, apartments, and villas, contributing to the demand for transformer oils.
Recent Developments in the Transformer Oil Market (as of February 5, 2024):
Market Growth:
Global Transformer Oil Market Report Segmentation
By Type:
By Rating:
By End-User:
Regional Analysis
Asia Pacific
Asia Pacific dominates the Transformer Oil Market, commanding a significant share of 55.8% in 2023. The region's rising electricity demand in economies such as India, China, Australia, and Japan is a key driver. The focus on capacity building for renewable energy in China and India contributes to the demand for transformer oil in the sub-transmission segment. Local producers in Asia Pacific pose challenges for international entrants seeking market foothold.
North America
In North America, the market is driven by the growth of the industrial and manufacturing industries in Canada and the U.S. Technological advancements and developments in established transformers, coupled with the decline in the crude oil market, are anticipated to propel the market in these nations.
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Frequently Asked Questions (FAQs)
1. What is the expected valuation of the Global Transformer Oil Market in 2023?
2. What functions does transformer oil perform in transformers?
4. What challenges does the Transformer Oil Market face?
5. Which region dominates the Transformer Oil Market in 2023?
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markettrendsus · 11 months
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Keeping the Lights On: Maintaining Aging Transformers with Retrofill Oils 2023
The Global Transformer Oil Market is expected to reach a valuation of USD 2,981.5 Million in 2023, and it is projected to experience significant growth at a CAGR of 13.2% for the forecast period (2023-2032).
The global transformer oil market has witnessed steady growth over the past decade, driven by rising energy demand and investments in electricity infrastructure across the world. Transformer oil plays a critical role in insulating and cooling transformers and is an integral component of power transmission and distribution networks.
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Key Market Dynamics
Several factors are shaping the growth trajectory of the global transformer oil market:
Surging Demand for Electricity
Rapid industrialization, urbanization and population growth have led to a surge in electricity consumption globally. Governments across the world are focused on enhancing power infrastructure and expanding electricity access. The development of smart grids and long-distance transmission networks creates strong demand for transformer oil for new transformer installations.
Upgrade of Existing Grid Infrastructure
The aging power T&D infrastructure in developed countries requires upgrading to meet rising electricity demand. Replacement and refurbishment of old transformers to comply with modern efficiency and safety standards is another key demand driver. North America and Europe account for a major share of the replacement demand.
Growth in Renewable Energy
The rising adoption of renewable energy sources such as solar and wind energy requires significant grid expansion and integration. This is catalyzing investment in new substations and transformers, providing impetus to transformer oil consumption.
Product Innovation
Manufacturers are developing transformer oils with superior properties such as higher oxidation stability, improved moisture tolerance, better heat dissipation and fire safety. Specialty fluids such as silicone-based and bio-based oils are gaining traction.Product innovation is focused on sustainability, performance and total cost of ownership.
Stringent Environmental Regulations
Regulations on the use of mineral oils which can have an environmental impact during spillage are prompting users to adopt eco-friendly transformer oils. Customers are increasingly demanding bio-based and fire-resistant vegetable-based oils. This is compelling suppliers to expand their product portfolio.
Price Volatility
Crude oil price fluctuations lead to variability in feedstock costs for manufacturers. This creates uncertainty regarding profit margins. However, increasing the use of alternative raw materials is expected to mitigate this price risk going forward.
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Segmentation
By Type
Mineral-Based Oils
Naphthenic Base Oils
Paraffinic base Oils
Silicon-Based Oils
Bio-Based Oils
By Rating
< 100 MVA
100 MVA – 500 MVA
501 MVA – 800 MVA
> 800 MVA
By End-User
Residential
Industrial
Commercial
Utilities
Mineral oil dominates the market currently. However, silicone-based and bio-based oils are rapidly gaining share driven by their superior properties and environmental benefits.
Power transformers account for the largest share. However, distribution transformers are likely to see the fastest growth over the coming years.
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Regional Analysis
Asia Pacific holds the largest share of the global transformer oil market presently. This can be attributed to large-scale investments in the region's power infrastructure to support industrialization and booming electricity demand. China, India, Japan and Australia are key demand hubs. Strong growth is also foreseen in Southeast Asia and Africa as electricity access is expanded.
North America and Europe are mature markets where product innovation and sustainability are the focus for suppliers, driven by stringent eco-norms. The gradual upgrade of legacy networks to meet modern power capacity and efficiency goals continues to generate stable demand.
The Middle East & Africa represent an emerging market where the ongoing development of electricity networks provides opportunities for suppliers. The discovery of large oil & gas reserves in the region may also benefit local manufacturing.
Competitive Landscape
The market is fragmented with the presence of large global suppliers as well as numerous smaller regional players. Suppliers are focused on new product development, mergers & acquisitions, vertical integration, and global expansion to increase their market share and global footprint. Some key manufacturers in the global transformer oil market include:
Nynas AB
Calumet Specialty Products
PetroChina Company
China Petroleum & Chemical Corporation
Cargill Inc.
Shell Plc.
Ergon, Inc.
Engen Petroleum Ltd.
Hydrodec Group Plc.
APAR Industries Limited
Other Key Players
Suppliers emphasize building strategic partnerships with utility companies and grid operators to better understand their evolving requirements and emerging trends. Collaborations with research institutions to develop bio-based and alternative transformer fluids are also seen. Overall, the market is poised to grow at a CAGR of over 13.2% from 2022 to 2032.
Growth Opportunities
Some promising growth opportunities in the global transformer oil market:
Rising investments in renewable energy globally will drive demand for specialty transformer oils optimized for solar and wind infrastructure.
Electric vehicle charging infrastructure build-out provides a new application area for suppliers. Specialty oils with high dielectric strength and fire safety are required.
Product innovation for high-voltage and extra high-voltage transformers provides differentiation opportunity for manufacturers.
Digitization of grid assets and condition monitoring creates scope for value-added services and solutions for suppliers beyond selling transformer oil.
Retrofilling of old transformers with modern fluids improves performance and provides incremental revenue potential.
Emerging economies with low electrification rates still offer untapped potential through electricity network expansion.
Key Challenges
Disposal of used transformer oil requires responsible practices and adds to overhead costs. This can affect procurement decisions for end-users.
Concerns about mineral oil supply security arising from geopolitical factors may lead users to look for alternatives.
High R&D costs for product innovation may hamper smaller players lacking scale and resources.
Raw material price volatility affects the ability to offer stable pricing to customers.
Growing adoption of dry-type transformers can restrain market growth to some extent.
Conclusion
The transformer oil market is poised for steady growth in the long run, backed by rising electricity consumption, investments in new and aging T&D infrastructure, product innovation and stringent environmental regulations. While mineral oils dominate presently, bio-based and specialty fluids will gain share driven by sustainability-conscious policies. Manufacturers are focused on addressing evolving customer needs through R&D and offering value-added solutions. The Asia Pacific region will be the growth engine, while North America and Europe remain stable mature markets. Consolidation is likely to continue as participants seek economies of scale.
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Frequently Asked Questions
Q1. What are the major applications of transformer oil?
Transformer oil is used for insulation, cooling and arc quenching within transformers. It prevents corona discharge and electrical arcing in the transformer windings and core. It also transfers heat away from the coils to the transformer tank exterior. The major applications are in distribution, power and specialty transformers across utilities, commercial buildings and industrial facilities.
Q2. Which region dominates the global transformer oil market currently?
Asia Pacific is the largest and fastest growing market for transformer oils, accounting for over 35% share in 2021. Growing electricity demand, investments in grid infrastructure and rapid urbanization in economies such as China, India, Japan and Southeast Asia are driving regional growth.
Q3. What are the key drivers for the transformer oil market?
The major drivers are rising investments in electricity networks globally, upgradation of aging grid infrastructure in mature economies, expansion of renewable energy, stringent environmental regulations promoting eco-friendly oils, and product innovation by manufacturers.
Q4. What are the different types of transformer oils?
The major product segments are mineral oils, silicone-based oils, bio-based vegetable oils, synthetic esters, and other specialty oils. Mineral oil dominates presently, but the share of bio-based and specialty transformer fluids is increasing steadily.
Q5. Who are the major transformer oil manufacturers?
Some of the key manufacturers are Shell, ExxonMobil, Apar Industries, Nynas, Ergon International, PetroChina, Sinopec, Calumet Specialty Products, San Joaquin Refining and Gulf Oil International. The market is fairly consolidated with a few large global players and many smaller regional suppliers.
Q6. What role does crude oil pricing play in the transformer oil industry?
Crude oil price fluctuations affect the feedstock costs for mineral oil-based transformer oils, which comprise the majority market share currently. This creates uncertainty regarding profit margins for manufacturers. However, the growing use of alternative raw materials for bio-based and synthetic oils is expected to mitigate this pricing pressure going forward.
In summary, the global transformer oil market is projected for steady growth supported by stable long-term demand drivers and increased adoption of specialty product offerings. With a shifting focus towards sustainability and performance, transformer oil manufacturers are gearing up to meet the evolving needs of the power industry.
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sudeepkedar · 2 years
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North America Power Transformer Market is predicted to observe accelerated CAGR by 2027
North America Power Transformer Market to expand lucratively till 2027. North America power transformer market forecast is making a steady headway due to the growing investments in the renewal of power grid infrastructure. As the installation of heavy-duty power generation units has picked up momentum owing to the COVID-19 pandemic, product usage is likely to see an uptick between 2021 and 2027.
The outdoor installation segment is likely to account for a substantial portion of North America transformer industry share by 2027. The ongoing investments in energy projects is responsible for rising inhouse captive power needs. Expanding applicability in high as well as medium voltage requirements is increasing the installation of these products. As these products minimize losses and require lesser space, end-users are adopting them to a greater extent than in pre-pandemic times.
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U.S. power transformer market size is augmenting at a stable pace owing to the rising electricity consumption. Since the outbreak of the pandemic, the WFH and online learning trends have increased the load on power infrastructure. At the same time, the cement, petrochemical, and mining industries in the nation are registering a mounting energy consumption.
Industry players are making the most of the emerging opportunities by introducing new products. For instance, in 2021, WEG announced the successful establishment of its 5th production plant for manufacturing transformers with capacity up to 10 MVA in the U.S. With this launch, the company has been expanding its product portfolio and attracting a wider customer base.
DOS Canada Inc, Hitachi ABB Power Grids, General Electric, Hyosung Heavy Industries, Schneider Electric, Northern Power transformer, Toshiba International Corporation, Siemens, Eaton, and Ermco ECI are some top power transformer manufacturers in North America.
The COVID-19 pandemic brought a sudden halt to manufacturing activities as well as consumer demand. Disruption of supply chains had a significant impact on the power transformer industry outlook in North America during 2020. As lockdowns are being revoked worldwide and the number of COVID-19 cases are dropping, the stabilization of the economy is a positive sign for industry players. With the regional governments seeking to fortify the healthcare infrastructure, the industry share from the commercial applications will represent a sizable part of the total revenue in North America.
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Three-phase power transformer market share will expand on account of government regulations for refurbishing the aging grid infrastructure in North America. Funding activities toward energy-efficient and smart transmission and distribution networks are supporting product adoption. 3 phase transformers are being installed across commercial complexes, residential buildings, and healthcare organizations because these systems exhibit the following features:
1.       Efficient regulation of voltage
2.       Multi-nodal integration across the distribution network
3.       Incorporation of a quick cooling system
The pad-mounted power transformer market in North America is progressing as the demand for energy-efficient products has been growing. Regional discoms (distribution companies) are showing an inclination toward the use of remote-controlled, automated systems, favoring product installation. With the adoption of renewable energy gaining traction, pad mounted products are expected to see increased sales over 2027.
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India Mobile Value Added Services (MVAS) Market Outlook- Ken Research Buy Now Value Added Services are the Non–core services provided along with the core services in any type of service industry.
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realritu · 4 years
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Integrated Gate Commutated Thyristor Market
An integrated gate commutated thyristor (IGCT) is a gate-controlled turn-off switch, which performs similar to a thyristor with lowest conduction losses. IGCT is a power semiconductor, which can be used for medium to high-voltage applications ranging from 0.5 MVA up to several 100 MVA. IGCT enables a robust series connection between high power turn-off devices used for high power applications.
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Benefits such as better performance of IGCT at higher temperature, (temperature ranges from -40 to 125 C) support the growth of the market. IGCT is used in industrial appliances and steel mills for controlling high power AC motors, and AC grid interface, as well as the PWM switching. Therefore, this feature adds value to drive the demand for the IGCT market.
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thetejasamale · 2 years
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Mobile Substation Market Analysis and Growth Forecast by Regions and Applications to 2030
The Mobile substation Market is likely to grow at a 5% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. A mobile substation is a container that is equipped with essential medium and high voltage components of a full substation, including control systems, DC and AC auxiliary power, protection and control equipment, surge arresters, metering transformers, switchgear and disconnect switches, and power transformer. A substation plays an imperative part in the transmission and distribution of electrical power all through the grid.
Various factors are fuelling the global mobile substation market share. As per the recent MRFR market estimates, such factors include the various alluring features such as flexible solution, easy installation, and time saving, growing adoption of mobile substations in the power and energy market, growing industrialization, cost effectiveness, wide application in residential, industrial and utility sectors, and fast restoration of power supply during power outage.
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On the contrary, lack of awareness, impact of the COVID-19 pandemic, and high maintenance of mobile substations may limit the global mobile substation market growth over the forecast period.
Key Players
The notable players profiled in the global mobile substation market report include Delta Star Inc. (U.S.), Atlas Electric Inc (U.S.), WEG (Brazil), EKOSinerji (Turkey), Enerset Power Solutions (Texas), Matelec Group (Lebanon), Meidensha Corporation (Japan), Elgin Power Solutions (U.S.), Qingdao TGOOD Electric (China), General Electric Company (U.S.), Siemens AG (Germany), and ABB Ltd. (Switzerland), among others.
The mobile substation market is fragmented and competitive with the presence of multiple domestic and international industry players. These players have used assorted strategies to stay at the forefront and also cater to the surging needs of the esteemed customers, such as collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.
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Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global mobile substation market based on application, power rating, mobile transformer, and voltage type.
By voltage type, the global mobile substation market is segmented into MV and HV. Of these, the MV segment will lead the market over the forecast period.
By mobile transformer, the global mobile substation market is segmented into distribution transformer and power transformer. Of these, the distribution transformer segment will dominate the market over the forecast period.
By application, the global mobile substation market is segmented into industrial, infrastructure, energy and utilities, and others. Of these, the energy and utilities segment will spearhead the market over the forecast period.
By power rating, the global mobile substation market is segmented into above 100 MVA, 25 MVA-100 MVA, 11 MVA- 25 MVA, and up to 10 MVA. Of these, the 25 MVA- 100 MVA segment will have the lions share in the market over the forecast period.
Regional Analysis
By region, the global mobile substation market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will head the market over the forecast period. Considerable rise in transmission and distribution network, growing need for power, growing demand for mobile substation, developing power sector, high demand for energy, and growing non-conventional and conventional power generation plants are adding to the global mobile substation market growth in the region.
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In the APAC region, the global mobile substation market is predicted to have promising growth over the forecast period. Growing demand for power, rising population, growth of the industrial sector, growing need for proper power transmission and distribution for uninterrupted power supply, and cost effective nature are adding to the global mobile substation market growth in the region.
In Europe, the global mobile substation market is predicted to have healthy growth over the forecast period. Presence of major companies and adoption of technology are adding to the global mobile substation market growth in the region.
In RoW, the global mobile substation market is predicted to have steady growth over the forecast period.
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narwatharsh01 · 8 months
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Mobile Value-Added Services Market Growth, Trends, and Outlook
Introduction:
In the dynamic landscape of the telecommunications industry, Mobile Value-Added Services (MVAS) have emerged as a crucial driver of innovation and revenue growth. The MVAS market, characterized by an array of services beyond standard voice and messaging, has witnessed significant expansion in recent years. This article explores the key trends, market share, growth drivers, and major players in the Mobile Value-Added Services Market, shedding light on its current outlook.
Mobile Value-Added Services Market Size and Share:
The Mobile Value-Added Services Market has experienced remarkable growth, with the global market size reaching USD 567.8 billion in 2022. This represents a substantial increase from the previous year, underscoring the rising demand for value-added services in the mobile ecosystem. Furthermore, the market is projected to maintain a compound annual growth rate (CAGR) of 12.5% from 2022 to 2027, indicating sustained momentum.
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MVAS Market Growth and Revenue:
The robust growth of the MVAS Industry can be attributed to several factors, including the proliferation of smartphones, the advent of high-speed mobile networks (4G and 5G), and the increasing consumer appetite for diverse and personalized mobile experiences. The revenue generated by MVAS providers has seen a notable upswing, reaching an estimated USD 185.6 billion in 2022. This upward trajectory is expected to persist as technological advancements continue to enhance service offerings and cater to evolving consumer needs.
Mobile Value-Added Services Market Players:
As the MVAS market flourishes, key industry players have become pivotal in shaping its dynamics. Companies such as Vodafone Group Plc, AT&T Inc., China Mobile Limited, Verizon Communications Inc., and Bharti Airtel Limited have established themselves as prominent players, contributing significantly to market share. These players leverage their extensive network infrastructure, technological capabilities, and strategic partnerships to offer a diverse range of value-added services.
MVAS Industry Research Reports:
Comprehensive Mobile Value-Added Services Market Research Reports provide valuable insights about the market, offering a detailed analysis of market trends, competitive landscape, and growth opportunities. According to recent reports, mobile entertainment services, mobile commerce, and mobile healthcare applications are emerging as the key drivers of MVAS growth. The research also highlights the increasing adoption of location-based services and augmented reality as key trends shaping the industry.
Mobile Value-Added Services Market Outlook:
The outlook for the Mobile Value-Added Services Market remains optimistic, driven by evolving consumer preferences and continuous technological advancements. The integration of artificial intelligence, Internet of Things (IoT), and blockchain technologies into MVAS offerings is poised to open new avenues for growth. Additionally, the widespread deployment of 5G networks is expected to enhance the quality and scope of value-added services, unlocking unprecedented opportunities for both service providers and consumers.
The ongoing COVID-19 pandemic has further accelerated the adoption of MVAS, as individuals and businesses seek innovative solutions to navigate the challenges posed by the global health crisis. Telemedicine services, contactless payments, and remote collaboration tools are among the MVAS offerings that have experienced increased demand, underscoring the market's resilience in the face of adversity.
Conclusion:
In conclusion, the MVAS Market is thriving, driven by technological innovation, changing consumer behavior, and a growing need for personalized and convenient mobile experiences. With a projected CAGR of 12.5% from 2022 to 2027, the market is poised for sustained growth, attracting investments and fostering competition among key players. As the industry continues to evolve, stakeholders must stay attuned to emerging trends and leverage the latest technologies to remain competitive in this dynamic and lucrative market.
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abhigmi · 3 years
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Europe Power Transformer Market to Observe Rugged Expansion at a Top CAGR by 2027
The Europe power transformer market is estimated to witness substantial growth by 2027 owing to the ongoing digital transformation of regional utilities, coupled with increasing proportion of renewable energy along primary power consumption.
Government regulations to minimize energy theft in the region, coupled with the soaring energy demand, are expected to foster industry landscape in the coming years. Meanwhile, escalating significance of sustainable and reliable energy infrastructure, coupled with expansion of transmission lines, would also significantly outline the revenue graph for Europe power transformer market in the following years.
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On the basis of installation, the outdoor sub-segment is anticipated to expand steadily through 2027. Stringent regulatory policies as well as deployment of smart monitoring units are projected to support industry expansion over the assessment period. The introduction of cross-border power networks would also foster the Europe power transformer market outlook.
Based on core, the shell core power transformer sub-segment is estimated to see sizable growth over the forecast timeframe. Increasing infrastructural investments and flourishing real estate sector across the region are expected to propel segmental growth over 2021-2027.
Ongoing commissioning of high voltage power cables after the development of Tier II and III cities is supporting product demand on a large scale. Notably, these transformers provide several key benefits, including easy transportation, high dielectric current capability, and compact design, making them ideal for a variety of applications.
In terms of rating, the < 100 MVA rated power transformer market is expected to grow at a considerable CAGR through the assessment period. Flourishing real estate sector and increasing infrastructural investment are key factors speculated to impel segmental growth.
Expansion of commercial establishments, such as malls, hotels, resorts, and universities, is expected to further drive product adoption in the coming years. Moreover, ongoing demand for new developments in response to the COVID-19 crisis, particularly in the healthcare and commercial sectors, would also positively influence the market landscape.
On the basis of mounting, the pad mounted sub-segment held a substantial share in the Europe power transformer market in 2020 and is projected to grow steadily through 2027. Ongoing development of smart cities and the introduction of digital substations are key factors facilitating segmental adoption.
Widespread utilization of pad mounted power transformers across railways, steel factories, roads, and chemical plants are estimated to be profitable for segmental growth. Moreover, the benefits offered by these transformers, including appropriate cooling capability, low maintenance, and low concerns involving fire hazards, short circuits, and fluctuations, are expected to fuel product demand.
From the regional perspective, France power transformer market is speculated to garner profitable gains by 2027, driven by the booming tourism sector and rapid development of high-rise buildings and hotels in the region.
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Advent of smart grids to accommodate the growing demand for eco-friendly and zero emission electrical equipment is further expected to support product deployment. Additionally, increasing focus on grid modernization, along with strengthening the existing power infrastructure, to meet the surging power demand, is estimated to foster business outlook.
Leading players in the Europe power transformer market include Hyosung, SPX Transformer Solutions, ABB, General Electric, Celme, Mitsubishi Electric Corporation, Siemens, Toshiba Corporation, Hammond Power Solutions, CG Global, and Schneider Electric.
Table of Contents (ToC) of the report:
Chapter 1   Methodology and Scope
1.1    Research Methodology
1.2    List of data sources
1.2.1    Primary
1.2.2    Secondary
Chapter 2   Executive Summary
2.1    Europe power transformer market snapshot
Chapter 3   Europe Power Transformer Market Trends
3.1    Industry coverage
3.2    Industry size & forecast, 2017 - 2027
3.3    Value chain analysis
3.3.1    Company product snapshot
3.4    Innovation landscape
3.5    Regulatory norms & directives
3.6    COVID- 19 impact on the industry outlook
3.7    Drivers & restraints
3.7.1    Market drivers
3.7.2    Market restraints
3.8    Product growth mapping
3.9    Industry Analysis - Porter's
3.10    Competitive benchmarking, 2020
3.11    PEST Analysis
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VA Display Market Size, Share With Top Companies, Region Forecast 2021-2027
“The Fusion Market Research published VA Display Market research report. This report provides a comprehensive analysis of the VA Display market’s development and operation on a global and regional scale.”
The VA Display Market distinguished players alongside the corporate profiles and coming up with adopting by them. This helps the client of the VA Display report back to gain a transparent read of the competitive landscape, and consequently arrange VA Display market methods. This VA Display Market isolated section with prime key players is provided within the report that provides whole analysis of value, gross, revenue.
The report firstly introduced the VA Display basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analysed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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The major players profiled in this report include:
AU Optronics Corp.
Hisense Co. Ltd
Innolux Corporation
Panasonic Corporation
Samsung Electronics Co. Ltd
Sharp Corporation
Sony Corporation
Toshiba Corporation
……
The end users/applications and product categories analysis: On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
MVA
PVA
……
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of VA Display for each application, including-
Monitor
TV Set
Laptop
……
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Table Of Content
Part I VA Display Industry Overview
Chapter One VA Display Industry Overview 1.1 VA Display Definition 1.2 VA Display Classification Analysis 1.2.1 VA Display Main Classification Analysis 1.2.2 VA Display Main Classification Share Analysis 1.3 VA Display Application Analysis 1.3.1 VA Display Main Application Analysis 1.3.2 VA Display Main Application Share Analysis 1.4 VA Display Industry Chain Structure Analysis 1.5 VA Display Industry Development Overview 1.5.1 VA Display Product History Development Overview 1.5.1 VA Display Product Market Development Overview 1.6 VA Display Global Market Comparison Analysis 1.6.1 VA Display Global Import Market Analysis 1.6.2 VA Display Global Export Market Analysis 1.6.3 VA Display Global Main Region Market Analysis 1.6.4 VA Display Global Market Comparison Analysis 1.6.5 VA Display Global Market Development Trend Analysis
Chapter Two VA Display Up and Down Stream Industry Analysis 2.1 Upstream Raw Materials Analysis 2.1.1 Proportion of Manufacturing Cost 2.1.2 Manufacturing Cost Structure of VA Display Analysis 2.2 Down Stream Market Analysis 2.2.1 Down Stream Market Analysis 2.2.2 Down Stream Demand Analysis 2.2.3 Down Stream Market Trend Analysis
Part II Asia VA Display Industry (The Report Company Including the Below Listed But Not All)
Chapter Three Asia VA Display Market Analysis 3.1 Asia VA Display Product Development History 3.2 Asia VA Display Competitive Landscape Analysis 3.3 Asia VA Display Market Development Trend
Chapter Four 2016-2021 Asia VA Display Productions Supply Sales Demand Market Status and Forecast 4.1 2016-2021 VA Display Production Overview 4.2 2016-2021 VA Display Production Market Share Analysis 4.3 2016-2021 VA Display Demand Overview 4.4 2016-2021 VA Display Supply Demand and Shortage 4.5 2016-2021 VA Display Import Export Consumption 4.6 2016-2021 VA Display Cost Price Production Value Gross Margin
Chapter Five Asia VA Display Key Manufacturers Analysis 5.1 Company A 5.1.1 Company Profile 5.1.2 Product Picture and Specification 5.1.3 Product Application Analysis 5.1.4 Capacity Production Price Cost Production Value 5.1.5 Contact Information 5.2 Company B 5.2.1 Company Profile 5.2.2 Product Picture and Specification 5.2.3 Product Application Analysis 5.2.4 Capacity Production Price Cost Production Value 5.2.5 Contact Information 5.3 Company C 5.3.1 Company Profile 5.3.2 Product Picture and Specification 5.3.3 Product Application Analysis 5.3.4 Capacity Production Price Cost Production Value 5.3.5 Contact Information 5.4 Company D 5.4.1 Company Profile 5.4.2 Product Picture and Specification 5.4.3 Product Application Analysis 5.4.4 Capacity Production Price Cost Production Value 5.4.5 Contact Information … … Chapter Six Asia VA Display Industry Development Trend 6.1 2021-2025 VA Display Production Overview 6.2 2021-2025 VA Display Production Market Share Analysis 6.3 2021-2025 VA Display Demand Overview 6.4 2021-2025 VA Display Supply Demand and Shortage 6.5 2021-2025 VA Display Import Export Consumption 6.6 2021-2025 VA Display Cost Price Production Value Gross Margin
Part III North American VA Display Industry (The Report Company Including the Below Listed But Not All)
Part VI Global VA Display Industry Conclusions …
Continue…
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rahulpande15 · 3 years
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Industrial Control Transformer Market Key Players, Regions, Research Report To 2030
Overview: Market Research Report
Industrial control transformers are built for use in relays, solenoids, and other electromagnetic devices in many industrial applications. They include capacitors or other filtering devices to minimize performance fluctuations and are well-suited for low-power applications requiring constant current or constant voltage. The rapid expansion of power generation industries, growing global power demand, and rising demand to minimize equipment failures caused by voltage fluctuations drive up demand for industrial control transformers, resulting in increased growth for the industrial control transformer market.
The market is expected to expand due to the rising demand for industrial control transformers for system protection during operations. The increasing daily use of renewable energy sources is expected to increase industrial control transformer market trends. Over the forecast period, the demand will be fueled by the rapid growth of the power division and increased power generation capacities around the world. However, the availability of low-quality substitutes and industries' reliance on other devices for voltage control are two factors that could limit the market's growth.
Market Research uses primary sources to narrow down the available data, verify it, and use it to compile a full-fledged market research report. The market report includes a quantitative and qualitative assessment of market elements that the client is interested in. The Industrial Control Transformer Market trends are mainly divided into sub-segments, each of which can provide confidential information on current market trends. The business outlook portion of the report focuses on the market's fundamental trends, such as the industry's drivers, constraints, opportunities, and challenges. Business intrinsic factors are drivers and constraints, while market extrinsic factors are opportunities and threats.
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Segmentation: industrial control transformer
The industrial control transformer market size is divided into two categories: rating and cooling type. The industrial control transformer market is divided into three categories: low (100 MVA to 500 MVA), medium (501 MVA to 800 MVA), and high (over 800 MVA) (801 MVA to 1200 MVA). The industrial control transformer market is divided into two types of cooling: air-cooled and oil-cooled.
The global industrial control transformer market can be divided into three categories based on step type: One-Phase, Two-Phase, and Three-Phase.
The global industrial control transformer market growth can be divided into four categories based on power rating: up to 500 VA, 500-1000 VA, 1000-1500 VA, and above 1500 VA.
The global industrial control transformer market can be divided into four categories based on end-use industries: Chemical, Power Generation, and Metal & Mining.
Regional Overview:
The study gives a comprehensive overview of the market, including qualitative and quantitative data. It gives a broad overview of the industrial control transformer market growth and forecasts for different segments. It also includes market size and projection figures for five major regions: North America, Europe, Middle East and Africa (MEA), and South America, from 2018 to 2027. The study examines the demand and supply-side factors influencing the industrial control transformer market share and market dynamics by affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. After analyzing political, economic, social, and technical factors affecting the industrial control transformer in these regions, the study offers a comprehensive PEST analysis for all five regions: North America, Europe, APAC, MEA, and South America.
Key Players
The key players of the global Industrial control transformer are MCI Transformers (US), Broadman Transformers (UK), Rockwell Automation (US), Hubbell (US), General Electric (US), Eaton (Ireland), ABB (Switzerland), Siemens AG (Germany), Schneider Electric (France), Emerson Electric Co. (US), Electric Hammond Power Solutions (Canada), Dongan Electric Manufacturing Co. (US), SNC Manufacturing Co., Ltd (US), Foster Transformer Company (US).
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Industry News:
The Industrial Control Transformer market is described, examining various influencing factors such as drivers, restraints, and opportunities. Extensive research into the global Industrial Control Transformer market share competitive environment. Identification and analysis of micro and macro factors that influence and will influence market development. The global Industrial Control Transformer market includes a detailed list of main market players.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Malaysia Gear Motors Market to Grow at a Significant Rate through 2026 | TechSci Research
Growing concerns regarding the efficiency of mechanical power transmission is expected to drive the demand for Malaysia gear motors market in forecast period.
Tumblr media
According to TechSci Research report, “Malaysia Gear Motors Market By Type (Helical Gear Motors, Helical-Bevel Gear Motors, Worm, Planetary and Others) By Product Type (Gearbox and Gear Motor) By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW and Above 75 kW) By Torque (Up to 10,000 Nm and Above 10,000 Nm) By End Use Industry (Wind Power, Metals and Mining, Automotive, Construction, Chemicals & Petrochemicals, Power Generation (Excluding Wind Power), Others, By Region, Company Forecast & Opportunities, 2026”, the Malaysia gear motors market is expected to witness a steady CAGR in the forecast period. A gear motor can run on the alternating current or direct current. The growing application of electric AC motors in several end-user industries including the food & beverage, automotive, healthcare, amongst others are driving the growth of the gear motors market.
The gear motor offers several advantages including high torque output, high resolution, shorter positioning time, and improved damping characteristics, amongst others. The Forest department uses gear motor for producing lumber which can be further utilized to produce wooden products. The growing demand for wooden products owing to their aesthetic appearance is expected to fuel the growth of the gear motors market. Malaysia is food-sufficient and has more than enough supply of fruits & vegetables. The use of automatic machines to increase the agricultural yield contains the presence of gear motors and the rise in government support and investments to boost the agricultural industry is expected to accelerate the growth of the gear motors industry in Malaysia.
The high demand for gear motors in the agricultural industry for different applications such as harvesting, irrigation, seed spreading, and weed control is expected to fuel the market growth for the next five years. The rise in the number of renewable energy projects to reduce the burden on the traditional sources of energy is expected to pave the way for the gear motors market growth in the forecast period. The rise in awareness regarding the advantages of hybrid technology and the implementation of compact and modular designs is influencing the gear motors market growth. Additionally, the use of gear motors in the automotive industry to provide the feature of automation for enhancing consumer experience is expected to fuel the gear motors market growth.
However, the manufacturing of gear motors is expensive and requires constant monitoring during operation that may hamper the gear motors market growth in the forecast period.
Browse XX Figures spread through XX Pages and an in-depth TOC on “Malaysia Gear Motors Market”.
https://www.techsciresearch.com/report/malaysia-gear-motors-market/7759.html
Malaysia gear motors market is segmented into type, product type, rated power, torque, end use industry, regional distribution, and company. Based on the type, the market can be divided into helical gear motors, helical-bevel gear motors, worm, planetary, and others. The helical hear motors market is expected to account for major market share in the forecast period, 2022-2026. The helical gear motor lasts longer and can handle high-pressure loads. The growing demand from the end-user industries including construction, chemicals, textiles, food & beverages, plastic, amongst others is driving the growth of the segment.
Eaton Corporation PLC, Siemens Malaysia, Baldor Electric Company, Johnson Electric Holdings Limited, Sumitomo Heavy Industries Ltd., Rossi Malaysia, Bonfiglioli Riduttori S.P.A., Oriental Motors Malaysia, Emerson Electric (M) Sdn Bhd., Fly Automation Sdn Bhd. are the leading players operating in Malaysia gear motors market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several gear motors manufacturers are coming up with their technologically advanced offerings.
Download Sample Report @ https://www.techsciresearch.com/report/malaysia-gear-motors-market/7759.html
Customers can also request for 10% free customization on this report.
“Market players are making huge investments to produce advanced gear motors including high-end material, improved gear tooth design, coatings & bearings that are made to reduce noise, and increase strength as well as provide longer life. Advanced gear motors are also highly efficient and aids in the reduction of operational cost which improves the consumer experience and thereby fuels the gear motors market growth. The growing demand for gear motor from the majority of industry verticals including automobile, food & beverages, wastewater treatment plants, amongst others coupled with the adoption of energy-efficient technologies by the market players is expected to propel the gear motors market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Malaysia Gear Motors Market By Type (Helical Gear Motors, Helical-Bevel Gear Motors, Worm, Planetary and Others) By Product Type (Gearbox and Gear Motor) By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW and Above 75 kW) By Torque (Up to 10,000 Nm and Above 10,000 Nm) By End Use Industry (Wind Power, Metals and Mining, Automotive, Construction, Chemicals & Petrochemicals, Power Generation (Excluding Wind Power), Others, By Region, Company Forecast & Opportunities, 2026” has evaluated the future growth potential of Malaysia gear motors market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Malaysia gear motors market.
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United States Microgrid Market By Type (Grid Connected, Remote/Island, Hybrid), By Consumption Pattern (Urban & Metropolitan, Semi-urban, Rural/Island), By Power Source (Natural Gas, Diesel, Solar PV, Fuel Cell and Others), By End User Industry (Educational Institutes, Military, Utilities, Industrial, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2016-2026F
https://www.techsciresearch.com/report/united-states-microgrid-market/4567.html
United States Variable Speed Generator Market, By Generator Type (Variable Speed Self Excited Induction Generator, Wound Rotor Induction Generator, Doubly Fed Induction Generator and Permanent Magnet Synchronous Generator), By Technology Type (Power Electronics-Based Variable Speed Generators and Mechanical Variable Speed Generators), By Power Rating (Up to 100 Kva, 100 Kva–1 Mva, 1–25 Mva and Above 25 Mva), By Prime Mover (Hydro Turbines, and Internal Combustion Engines), By End-User (Renewable Power Generation, Hydroelectric Power Generation, and Others), By Company and By Geography, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/united-states-variable-speed-generator-market/2176.html
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/
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techsciresearch · 3 years
Text
Malaysia Gear Motors Market to Grow at a Significant Rate through 2026 | TechSci Research
Growing concerns regarding the efficiency of mechanical power transmission is expected to drive the demand for Malaysia gear motors market in forecast period.
Tumblr media
According to TechSci Research report, “Malaysia Gear Motors Market By Type (Helical Gear Motors, Helical-Bevel Gear Motors, Worm, Planetary and Others) By Product Type (Gearbox and Gear Motor) By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW and Above 75 kW) By Torque (Up to 10,000 Nm and Above 10,000 Nm) By End Use Industry (Wind Power, Metals and Mining, Automotive, Construction, Chemicals & Petrochemicals, Power Generation (Excluding Wind Power), Others, By Region, Company Forecast & Opportunities, 2026”, the Malaysia gear motors market is expected to witness a steady CAGR in the forecast period. A gear motor can run on the alternating current or direct current. The growing application of electric AC motors in several end-user industries including the food & beverage, automotive, healthcare, amongst others are driving the growth of the gear motors market.
The gear motor offers several advantages including high torque output, high resolution, shorter positioning time, and improved damping characteristics, amongst others. The Forest department uses gear motor for producing lumber which can be further utilized to produce wooden products. The growing demand for wooden products owing to their aesthetic appearance is expected to fuel the growth of the gear motors market. Malaysia is food-sufficient and has more than enough supply of fruits & vegetables. The use of automatic machines to increase the agricultural yield contains the presence of gear motors and the rise in government support and investments to boost the agricultural industry is expected to accelerate the growth of the gear motors industry in Malaysia.
The high demand for gear motors in the agricultural industry for different applications such as harvesting, irrigation, seed spreading, and weed control is expected to fuel the market growth for the next five years. The rise in the number of renewable energy projects to reduce the burden on the traditional sources of energy is expected to pave the way for the gear motors market growth in the forecast period. The rise in awareness regarding the advantages of hybrid technology and the implementation of compact and modular designs is influencing the gear motors market growth. Additionally, the use of gear motors in the automotive industry to provide the feature of automation for enhancing consumer experience is expected to fuel the gear motors market growth.
However, the manufacturing of gear motors is expensive and requires constant monitoring during operation that may hamper the gear motors market growth in the forecast period.
Browse XX Figures spread through XX Pages and an in-depth TOC on “Malaysia Gear Motors Market”.
https://www.techsciresearch.com/report/malaysia-gear-motors-market/7759.html
Malaysia gear motors market is segmented into type, product type, rated power, torque, end use industry, regional distribution, and company. Based on the type, the market can be divided into helical gear motors, helical-bevel gear motors, worm, planetary, and others. The helical hear motors market is expected to account for major market share in the forecast period, 2022-2026. The helical gear motor lasts longer and can handle high-pressure loads. The growing demand from the end-user industries including construction, chemicals, textiles, food & beverages, plastic, amongst others is driving the growth of the segment.
Eaton Corporation PLC, Siemens Malaysia, Baldor Electric Company, Johnson Electric Holdings Limited, Sumitomo Heavy Industries Ltd., Rossi Malaysia, Bonfiglioli Riduttori S.P.A., Oriental Motors Malaysia, Emerson Electric (M) Sdn Bhd., Fly Automation Sdn Bhd. are the leading players operating in Malaysia gear motors market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several gear motors manufacturers are coming up with their technologically advanced offerings.
Download Sample Report @ https://www.techsciresearch.com/report/malaysia-gear-motors-market/7759.html
Customers can also request for 10% free customization on this report.
“Market players are making huge investments to produce advanced gear motors including high-end material, improved gear tooth design, coatings & bearings that are made to reduce noise, and increase strength as well as provide longer life. Advanced gear motors are also highly efficient and aids in the reduction of operational cost which improves the consumer experience and thereby fuels the gear motors market growth. The growing demand for gear motor from the majority of industry verticals including automobile, food & beverages, wastewater treatment plants, amongst others coupled with the adoption of energy-efficient technologies by the market players is expected to propel the gear motors market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Malaysia Gear Motors Market By Type (Helical Gear Motors, Helical-Bevel Gear Motors, Worm, Planetary and Others) By Product Type (Gearbox and Gear Motor) By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW and Above 75 kW) By Torque (Up to 10,000 Nm and Above 10,000 Nm) By End Use Industry (Wind Power, Metals and Mining, Automotive, Construction, Chemicals & Petrochemicals, Power Generation (Excluding Wind Power), Others, By Region, Company Forecast & Opportunities, 2026” has evaluated the future growth potential of Malaysia gear motors market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Malaysia gear motors market.
Browse Related Reports:
United States Microgrid Market By Type (Grid Connected, Remote/Island, Hybrid), By Consumption Pattern (Urban & Metropolitan, Semi-urban, Rural/Island), By Power Source (Natural Gas, Diesel, Solar PV, Fuel Cell and Others), By End User Industry (Educational Institutes, Military, Utilities, Industrial, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2016-2026F
https://www.techsciresearch.com/report/united-states-microgrid-market/4567.html
United States Variable Speed Generator Market, By Generator Type (Variable Speed Self Excited Induction Generator, Wound Rotor Induction Generator, Doubly Fed Induction Generator and Permanent Magnet Synchronous Generator), By Technology Type (Power Electronics-Based Variable Speed Generators and Mechanical Variable Speed Generators), By Power Rating (Up to 100 Kva, 100 Kva–1 Mva, 1–25 Mva and Above 25 Mva), By Prime Mover (Hydro Turbines, and Internal Combustion Engines), By End-User (Renewable Power Generation, Hydroelectric Power Generation, and Others), By Company and By Geography, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/united-states-variable-speed-generator-market/2176.html
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/
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tmr123123 · 3 years
Text
Heat Transfer Fluids Market Size, Share, Value, and Competitive Landscape forecast year 2021-2028
Heat transfer fluids Market: Introduction Heat transfer fluids market deals with fluids that are used to transfer heat from one system to another. The heat transfer fluids limit the overheating of devices by circulating the fluid within the mechanical parts of the devices. These fluids find huge application across a wide range of industries including manufacturing, solar power plants, petroleum processing and others.  The global heat transfer fluids market is expected to foray ahead with a considerable CAGR over the forecast period of 2018-2028. The growing manufacturing output across the globe has been considered as one of the key trends that is supplementing the global heat transfer fluids market growth. As per United Nations Industrial Development Organization (UNIDO), the global manufacturing value added (MVA) is likely to showcase a growth rate of 3.9% in 2018. Furthermore, owing to various factors such as increasing population, industrialization etc. the manufacturing output is expected to increase till 2028 that is augmenting the heat transfer fluids market growth. Moreover, advancements in heat transfer fluids, high demand from the application industries coupled with innovative product offerings from the market players and growing application industries are some of the factors providing traction to the heat transfer fluids market growth.
Click Here to Get Sample Premium Report @https://www.trendsmarketresearch.com/report/sample/13612 High demand of heat transfer fluids from application industries is poised to drive market growth over the forecast period High demand of heat transfer fluids specifically from automotive and chemical industry is leveraging huge adoption opportunities for the market. As per OICA (International Organization of Motor Vehicle Manufacturers), Paris, the total cars and commercial vehicle production in 2016 was recorded to be around 72.1 million that further escalated up to 73.4 million in 2017. The automotive industry in particular calls for high adoption of heat transfer fluids across various applications including radiators, HVAC systems and many more. In addition, rise in concentrated solar power projects is also expected to drive the demand for heat transfer fluids. As per SolarPACES, NREL, 23 countries including China, United States, India, South Africa and others have various CSP projects. Hence, inclination towards renewable energy across the globe supplements the CSP projects that in turn provides traction to the heat transfer fluids market growth. Segmentation analysis of Heat transfer fluids Market The global heat transfer fluids market is bifurcated into two major segments that are product type and application. On the basis of product type, the global heat transfer fluids market is divided into: Aromatics Silicones Glycol-based fluids Mineral oils Others
On the basis of application, the global heat transfer fluids market is divided into: Oil & Gas Chemical industry Food & Beverages Pharmaceuticals Plastics Concentrated Solar Power Generation (CSP) HVAC Others
Based on region, the global heat transfer fluids market is segmented as: North America Latin America Europe East Asia South Asia Oceania MEA
You can Buy This Report from Here @https://www.trendsmarketresearch.com/checkout/13612/Single Heat transfer fluids Market: Regional Outlook The global heat transfer fluids market is segmented into seven regions: North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA. Among the above-mentioned regions, Europe is expected to contribute a majority of the market share in 2018 in terms of value owing to high adoption of heat transfer fluids across various industries including pharmaceutical, oil & gas, automotive, chemical and others. South Asia and East Asia are expected to show high growth rates due to increasing output from the manufacturing industry. In addition, initiatives such as “Make in India”, “Made in China 2025”etc. tend to drive the manufacturing industries of the countries that signifies high adoption of heat transfer fluids across the end user industries. Positive government stance for manufacturing industry also drives the heat transfer fluids market region. India is one of the key emerging markets for heat transfer fluids in the region.  Moreover, Middle East is also one of the region growing at a high rate sowing to oil & gas industry backed up by increasing population estimates. Oceania and Latin America account for a substantial market share in terms of heat transfer fluids demand. Key players of Heat transfer fluids Market Prominent players in the global Heat transfer fluids market are Royal Dutch Shell, Sasol, Eastman, BASF, DowDuPont, ExxonMobil etc. The heat transfer fluids market consists of well-diversified global and regional players with global vendors ruling the market. The research report presents a comprehensive assessment of the Heat transfer fluids market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Heat transfer fluids market report provides analysis and information, according to market segments such as geographies, type and industry. The Heat transfer fluids Market Report Covers Exhaustive Analysis On: Market Segments Market Dynamics Market Size & Demand Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain
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The Heat transfer fluids Market Regional Analysis Includes: North America (U.S., Canada) Latin America (Mexico, Brazil, Argentina, Chile, Peru) Europe (UK, Germany, Spain, France, RoE) East Asia (China, Japan, South Korea) South Asia (India, ASEAN) Oceania (ANZ, Rest of Oceania) MEA (GCC Countries, South Africa, Turkey, Rest of MEA)
The Heat transfer fluids report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Heat transfer fluids report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Heat transfer fluids report also maps the qualitative impact of various market factors on market segments and geographies.
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Mobile Substation Market Share | Share, Growth, Demand, Industry Analysis- 2030
The Mobile substation Market Share is likely to grow at a 5% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. A mobile substation is a container that is equipped with essential medium and high voltage components of a full substation, including control systems, DC and AC auxiliary power, protection and control equipment, surge arresters, metering transformers, switchgear and disconnect switches, and power transformer. A substation plays an imperative part in the transmission and distribution of electrical power all through the grid.
Various factors are fuelling the global mobile substation market share. As per the recent MRFR market estimates, such factors include the various alluring features such as flexible solution, easy installation, and time saving, growing adoption of mobile substations in the power and energy market, growing industrialization, cost effectiveness, wide application in residential, industrial and utility sectors, and fast restoration of power supply during power outage.
On the contrary, lack of awareness, impact of the COVID-19 pandemic, and high maintenance of mobile substations may limit the global mobile substation market growth over the forecast period.
Key Players
The notable players profiled in the global mobile substation market report include Delta Star Inc. (U.S.), Atlas Electric Inc (U.S.), WEG (Brazil), EKOSinerji (Turkey), Enerset Power Solutions (Texas), Matelec Group (Lebanon), Meidensha Corporation (Japan), Elgin Power Solutions (U.S.), Qingdao TGOOD Electric (China), General Electric Company (U.S.), Siemens AG (Germany), and ABB Ltd. (Switzerland), among others.
The mobile substation market is fragmented and competitive with the presence of multiple domestic and international industry players. These players have used assorted strategies to stay at the forefront and also cater to the surging needs of the esteemed customers, such as collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.
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Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global mobile substation market based on application, power rating, mobile transformer, and voltage type.
By voltage type, the global mobile substation market is segmented into MV and HV. Of these, the MV segment will lead the market over the forecast period.
By mobile transformer, the global mobile substation market is segmented into distribution transformer and power transformer. Of these, the distribution transformer segment will dominate the market over the forecast period.
By application, the global mobile substation market is segmented into industrial, infrastructure, energy and utilities, and others. Of these, the energy and utilities segment will spearhead the market over the forecast period.
By power rating, the global mobile substation market is segmented into above 100 MVA, 25 MVA-100 MVA, 11 MVA- 25 MVA, and up to 10 MVA. Of these, the 25 MVA- 100 MVA segment will have the lions share in the market over the forecast period.
Regional Analysis
By region, the global mobile substation market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will head the market over the forecast period. Considerable rise in transmission and distribution network, growing need for power, growing demand for mobile substation, developing power sector, high demand for energy, and growing non-conventional and conventional power generation plants are adding to the global mobile substation market growth in the region.
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In the APAC region, the global mobile substation market is predicted to have promising growth over the forecast period. Growing demand for power, rising population, growth of the industrial sector, growing need for proper power transmission and distribution for uninterrupted power supply, and cost effective nature are adding to the global mobile substation market growth in the region.
In Europe, the global mobile substation market is predicted to have healthy growth over the forecast period. Presence of major companies and adoption of technology are adding to the global mobile substation market growth in the region.
In RoW, the global mobile substation market is predicted to have steady growth over the forecast period.
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