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Logging Tools Market Size and Share, Application and Industry Growth

Logging Tools Market Overview:-

Increasing exploration activities and usage of real time data gathering to maximize production are some of the major factor pushing the demand in the Logging tools market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

 Industry Major Key Players:-

Some of the key players in the logging tools market are Halliburton (U.S.), Royal Dutch Shell (The Netherlands), Schlumberger (U.S.), Baker Hughes (U.S.), Weatherford (Switzerland) and Hunting Energy Services (U.S.)

 Segments:-

The Logging tools market has been segmented on the basis of Technology as Slickline and E line. On the basis of Well type the market has been segmented as Land and Offshore.

 Regional Analysis of Logging Tools Market:

North America is expected to dominate the Logging services market mainly due to the already existing major market players paving the way for new competition and increased exploration activities onshore and offshore in this region. Favorable government regulation in this region is also expected to significantly contribute to the Logging tools market.

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Thermal Energy Storage Market Global Competitive Analysis and 2022 Forecasts

Thermal Energy Storage Market Overview:-

Thermal energy storage is a technology that stocks thermal energy and is designed for use in heating & cooling applications and in power generation. The storage of thermal energy, replaces heat and cold production from fossil fuels while also reducing carbon emissions and lowering the need for expensive power and heat production capacity. Moreover, features such as lower capital costs as compared to other storage technologies as well as very high operating efficiency are some of the factors driving the energy storage market. The growing Concentrating Solar Thermal Power (CSP) installations and the increasing demand for thermal energy storage in HVAC systems are some of the major reasons behind the growing Thermal Energy Storage Market.

 Top Key Players:-

We recognize the key players in the global thermal energy storage market as Caledonian MacBrayne and CalMac (U.K.), DN Tanks, Inc. (U.S.), Ice Energy Holdings, Inc. (U.S.), Steffes Corporation (U.S.), Burns & McDonnell (U.S.), Fafco, Inc (U.S) and Abengoa Solar (Spain).

  Scope of the report:-

This study provides an overview of the global Thermal energy storage industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global thermal energy storage market by Technology and End use. On the basis of technology it is segmented as Sensible heat, Latent heat and Thermochemical heat. On the basis of end use it is segmented as Commercial & Industrial, Utilities, and Residential.

 Global Thermal Energy Storage Market Regional Analysis:-

Europe is expected to remain the largest region due to the huge investments on solar energy. Moreover, government authorities are also trying to balance power generation between high load and low load hours. Lower costs of power generation will drive the market. Moreover, in the region there is strong emphasis on energy efficiency initiatives and rising levels of renewable energy generation. However, reluctance to shift from the traditional methods of storage act as barrier for the growth of the market in Europe.

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Biodiesel Market Demand, Industry Share, Size and Forecasts

Biodiesel Market Highlights:-

Total U.S. production of biodiesel was approximately 1.9 billion gallons in 2016 with ample feedstock and production capacity to produce more. Another 1 billion gallons of biomass-based diesel was imported in 2016. EPA proposed volumes of 2.1 billion gallons (including imports) of biomass-based diesel for 2019—well below the actual capacity of the Biodiesel Market to produce fuels here in the United States. In comments submitted to EPA on the proposed volumes, ASA advocated for a level of at least 2.5 billion gallons for 2019. The subsequent NODA contemplates rolling back biomass-based diesel levels below the already insufficient 2.1 billion gallon level.

 Top Key Players:-

Some of the key players in the Biodiesel Market are Enerkem among few ,INEOS New Planet BioEnergy, Canergy LLC, Abengoa bioenergy, Amyris, Poet-DSM Advanced Biofuels LLC.

 Biodiesel Market - Regional Analysis

North America is expected to dominate the biodiesel market mainly due to the favorable government regulations. The integration of biofuels is expected to increase in the North American region providing the market with scope for further growth. Europe and Asia-Pacific are the other major regions for the Biodiesel market due to boost in the manufacturing sector in these regions.

 The report for Biodiesel Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Offshore Wind Market Size, Industry share, Application, Demand and Forecast

Offshore Wind Market Highlights:-

Offshore Winds are steady and have faster speeds resulting in higher & reliable energy generation. The growth in this sector is due to the increasing demand for clean and reliable energy to reduce the global carbon emissions, and to maintain ecological balance by generating electricity through renewable resources. However, high initial capital cost of projects with high maintenance cost and logistics issues, can hinder the Offshore Wind Market. The high tidal winds & bad weather conditions making offshore wind farms difficult for access in the event of problem rectification and preventive maintenance, will restrain the global offshore wind market.

Global offshore wind market has very broad market in coming recent years. MRFR analysts have predicted that offshore wind industry is about to grow at a rapid pace. Moreover, the economic growth with emissions reduction have given the growth, a momentum. The global offshore wind market is poised to grow over USD 49,741.0 million by 2023 at an estimated CAGR of 11.12% through the forecast period.

 Leading Key Players:-

The key players of global offshore wind market are General Electric (U.S.), Siemens (Germany), Vestas Wind Systems A/S (Denmark), Senvion SA (Luxembourg), Doosan Heavy Industries & Construction Co., Ltd (Korea), Suzlon Group (India), Dong Energy A/S (Denmark), EEW Group (Germany), ENERCON GmbH (Germany) and Goldwind Windenergy GmbH (China).

 Market Research Analysis

Currently, the offshore wind market is in the growth stage. This is due to the increase in demand for power, global initiatives to use more renewable and non-conventional energy sources and the global need to restrict carbon emission. European governments and the EU, as a whole, have supported wind projects with favorable incentives as part of their carbon emission reduction goals. The United Kingdom heads the field, with 46% of global installed capacity, in 2015, followed by Germany (30%) and Denmark (11.5%). The European region is currently the leading in offshore wind market, and is followed by North-America and Asia. Currently, China has the largest number of offshore wind energy projects under planning and construction phase, which is followed by Japan and South Korea.

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Hydropower Market 2023 Insights and Key Company Profiles

Hydropower Market Highlights:-

Hydropower is one of the oldest sources of energy which was used for thousands of years ago, to turn paddle wheels that help grind grain. Hydropower is a versatile, sustainable technology and it is the world’s largest source of the renewable energy and currently accounts for about 20% of the world’s total electricity supply.

As, Hydropower comes along with low levelised cost, high capacity utilization factor and ease of grid parity, which will stimulate the global hydropower market size. Recently, Energy Information Administration (EIA) quoted that, hydroelectricity capacity utilization factor (CUF) to be over 60% when compared to 25% for Solar PV. Stringent government regulation towards reducing the global carbon footprint coupled with depleting conventional resources will drive the global Hydropower Market. However, the high initial investment cost of hydropower infrastructure with safety concern regarding it and developing modern technology with alternative product launch can restrain global hydropower market.

 Hydropower Global Market - Competitive Analysis

The global market for Hydropower seems to be in high progression state. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, product launch, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D, collaborating with EPC contractors and, most of all, in acquiring other firms.

 Major Key Players:-

ANDRITZ HYDRO GmbH (Austria), Alfa Laval (Sweden), Metso Corporation (Sweden), Hydro-Québec (Canada), General Electric Company (U.S), China Three Gorges Corporation (China),Voith GmbH (Germany), ABB Ltd (Switzerland), Engie (France) and Tata Power Corporation (India).

 Global Hydropower Market Analysis:-

U.S hydropower market accounted about over 50% of the North America share. Large availability of untapped reserves with growing measures towards clean and reliable electricity is anticipated to boost the hydropower industry in U.S

In Europe, Switzerland, France and Austria has a current hydropower capacity of about 6.42 GW, 5.81 GW and 4.32 GW respectively. Rising concern towards the climate change along with strict government regulation to reduce carbon emission will stimulate the hydropower market in this region.

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Combined Heat and Power (CHP) Market 2023: Industry Analysis, Types, Manufacturers and Demand

Combined Heat and Power (CHP) Market Highlights:-

Combined heat and power plants are typically embedded close to the end user and helps to reduce transportation and distribution losses, improving the overall performance of the electricity transmission and distribution network. It also acts as energy multiplier, helping to cut carbon emissions, increase power reliability and save money. This technology is widely available, with further opportunities for development and enhancement. Furthermore, only suitable where there is a need for both electricity and hot water on site which acts as a barrier for the growth of the market. Presence of a large number of companies offering diverse products and services related to CHP installations is fueling competition in the global Combined Heat and Power (CHP) Installation Market.

 Top Key Players:-

The key players of global combined heat and power (CHP) market are MAN Diesel & Turbo SE (Germany), Caterpillar Inc.(U.S.), Mitsubishi heavy Industries ltd.(Japan), General Electric (U.S.), Cummins(U.S.), Bosch Thermotechnology Ltd.( U.K),ABB Limited(Switzerland ), ENER-G Rudox (U.S.), Veolia (France )and others.

 Market Research Analysis:-

The region is a global leader in micro-CHP engine with innovation and manufacturing centers in Germany, the Netherlands and the U.K. This has been spurring the demand for CHP installations in countries such as Belgium, Germany, Italy, and the Netherlands. Moreover, high demand for small-scale CHPs in Japan, coupled with their increasing installation across diverse industries, has been boosting demand for the CHP installation in the region. The Japanese government provides subsidies for the development of this green technology. The demand for small scale CHP systems for residential as well as commercial purposes has led to the region’s dominance in the market. Increasing installation of CHP systems in developing nations such as India, South Korea and China will keep the demand for large-scale CHP systems high during the forecast period.

 Industry News:-

In July, 2017 – MAN Diesel & Turbo has commissioned the planning and investment approval of the construction of a 30 MW gas engine power plant at Energie Baden-Württemberg AG (EnBW). The combined heat and power plant (CHP) at the Stuttgart-Gaisburg site will be functioned by the use three MAN type 20V35/44G gas engines and will not only source electrical power but also an supplementary 30 MW of district heating.

In May, 2017 – Cummins launched its latest natural gas generator set across all 50 Hz Counties. The newest member of the QSK60 Series, the C1540 N5CC, porposes a new customer choices that brand it an ideal fit for both independent power producer (IPP) and combined heat and power (CHP) applications.

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Power Rental Market Global Demand and Insights and Forecast

Power Rental Market – Overview

To boost the development of power supply, the government of India has created many corporations such as State Electricity Boards (SEB), NTPC Limited, and NHPC limited. Even after this developments there is shortage of power supply in the country. Hence the use of power rental equipment is more. Additionally, many countries looking to develop their infrastructure, heavy investments have been made to boost the infrastructural activities globally. This also has the positive impact on the growth of the market. However, emission regulations for diesel engines, is the factor that may hamper the growth of market.

Global Power Rental Market is projected to reach USD 21,765.1 million by 2023, at a CAGR of 9.06% from 2017 to 2023.

 Industry Top Key Players:-

The key players of global power rental market are Aggreko Plc. (U.K.), Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), Herc Rentals Inc. (U.S.), Speedy Hire Plc. (U.K.), Ashtead Group Plc. (U.K.), United Rentals, Inc. (U.S.), APR Energy (U.S.), Bredenoord Exploitatiemij B.V. (The Netherlands), L.M. Generating Power Co. Ltd. Ltd (Canada) and others.

 Scope of the Report:-

This study provides an overview of the global power rental market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Power rental market as fuel type, application and end-user.

 Market Research Analysis :-

On the basis of regions, the global power rental market is segmented as North America, Europe, Asia-Pacific and RoW. North America region dominates the global power rental market. North America accounted for the largest market share of 31.60% in 2016, with a market value of USD 3,773.9 million. Aging grid infrastructure and natural calamities, which causes frequent power outages and increasing demand industrial sector fuelling the growth of the market in the region.

Asia-Pacific was the second-largest market in 2016, valued at USD 2,663.2 million in 2016; it is projected to grow at a CAGR of 8.98% during the forecast period. The growth of the power rental market in the Asia-Pacific region is majorly driven by factors such as continued growth of constructional and developmental activities and the rapid increase in the demand-supply gap of electric power in emerging economies of the region. However, RoW is projected to grow at the highest CAGR of 10.98%.

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Boiler System Market is Expected to reach USD 3,573.6 million by 2022.

Boiler System Market – Overview

Boiler is a pressure vessel that is used to create and supply steam required for various processes within industries. Industrial Boilers are extensively used across industries such as metal, food & beverage and chemical. The recent trends in the industrial boiler market suggest increasing demand for higher efficiency and effectively. The growth of Global boiler system is due to factors such as significant growth in the food processing sector and growing demand for clean energy sources. However, high maintenance cost is the major restraint that could hinder the market growth.

The Global Boiler System Market was valued at USD 1,900.4 million in 2014, and is expected to reach USD 3,573.6 million by 2022.

 Industry Top Key Players:-

Danstoker Boilers (Denmark), Bosch Industriekessel (Germany), Babcock & Wilcox Enterprises, Inc. (U.S.), AC Boilers S.p.A (Italy), Mitsubishi Hitachi Power Systems, Ltd. (Japan), ATTSU Termica (Spain), Rentech Boilers (U.S.), Byworth Boilers (U.K.),  Proodos Industrial Boilers (Greece), and Siemens AG (Germany) are some of the leading players operating in this market.

 Boiler System Market – Segments

The boiler system market is segmented on the basis of type, capacity and region.

On The Basis Of Type: Oil Fired, Gas Fired

On The Basis Of Capacity: upto 20 Tonnes, 20 to 40 Tonnes, 40 to 50 Tonnes

On The Basis Of Region: Asia Pacific, Europe, North America, Latin America and the Middle East & Africa.

 Global Boiler System Market - Regional Analysis

The boiler system market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Europe and Asia-Pacific are expected to witness significant growth during the forecast period mainly due to the presence of established manufacturing industries which support the growth of the boiler system market. Rising rate of industrialization and increasing demand for energy in the Asia-pacific region are also expected to boost the sales in the global boiler system market.

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Electric Motors Market Business Opportunities, Profits & Analysis by Forecast

Electric Motors Market Overview: -

The electric motors are used in agricultural equipment. The growth of the agricultural sector and the increase in use of motor operated equipment in the agricultural sector is further expected to drive the demand of the electric motors market. The increase in awareness about the effect of greenhouse gases is also leading to a shift from conventional motors to the electric motors, which is expected to drive the global electric motors market during the forecast period. However, the growth of this Electric Motors Market is expected to be restrained by the high cost of electric motors and the lack of awareness for use of electric motors.

Electric motors are the devices that work on the electro-magnetic induction principle by ensuring conversion of electrical energy into mechanical energy. Electric motors are widely used in HVAC applications, compressors, machine tools, pumps, domestic appliances, industrial fans, lathe machines, electric cars, disk drives, power tools, and automated robots. These high-efficiency motors gain importance over standard motors due to longer operating life, low energy consumption, low maintenance, and high endurance for fluctuating voltages, and others.

Leading Key Players:-

The key players of global electric motors market are ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric Company (U.S.), Nidec Corporation (Japan), Denso Corporation (Japan), Allied Motion Technologies, Inc. (U.S.), Ametek, Inc. (U.S.), Robert Bosch GmbH (Germany), and Emerson Electric Co. (U.S.). Hitachi, Ltd. (Japan), Johnson Electric Holdings Limited (Hong Kong), Rockwell Automation (U.S.), WEG S.A. (Brazil), ARC Systems, Inc. (U.S.), and Toshiba International Corporation (U.S.) are among others.

Asia-Pacific accounts for the highest market share.

Asia-Pacific region is expected to dominate the Electric motors market, and is projected to grow at the highest CAGR. The growth of the Electric motors market in Asia-Pacific region is attributed to the rapid growth in the agricultural sector. The rapid industrialization and the intense setting up of manufacturing industries which require the use of electric motors of various capacity is expected to drive the market of the electric motors in the region.

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Solid Oxide Fuel Cell Market Growth, Trends, Revenue by Forecast

Solid Oxide Fuel Cell Market – Overview:-

Solid oxide fuel cells are highly efficient operating at high temperature, which means that fuels can be transformed within the fuel cell itself, eliminating the need for external reforming and allow the units to be used with a variety of hydrocarbon fuels. They can be used with coal gas as they are relatively resistant to small quantities of sulphur in the fuel, compared to other types of fuel cell. Their ability to tolerate fossil fuel impurities, like ammonia and chlorides, Solid oxide fuel cells (SOFCs) are widely used for variety of applications.

SOFCs electrochemically generate electricity at higher efficiencies, and have greater potential as compared to any other type of fuel cell technology. Stationary SOFCs are expected to dominate the global SOFC market by application, due to increased deployment of SOFC as a primary and backup power generator for electronic devices such as installations in residential and commercial sectors for combined heat and power generation.

 Segment Overview:-

By type, the Solid Oxide Fuel Cell Market has been segmented into tubular and planar. The planar segment can be expected to showcase a strong growth rate owing to high energy efficiency and low power losses accrued by its usage. Its future applications in underwater vehicles, auxiliary power units, and portable devices can boost segment growth during the forecast period.

By mobility, the market is segmented into stationary and portable. By application, the market is segmented into power generation, military, and combined heat & power. The power generation segment is likely to dominate over the forecast period owing to increasing demand for power in energy-producing plants for cooling purposes.

 Global Market for Solid Oxide Fuel Cell – Competitive Dashboard

The prominent vendors making their mark in the market are FuelCell Energy (U.S Bloom Energy (U.S.), Delphi (U.K), Atrex Energy (U.S.), Convion Fuel Cell Systems (Finland), and WATT Fuel Cell Corporation (U.S.).

 Regional Outlook:-

Not much behind is the Europe market, with the region witnessing promising growth. Increasing public-private sector relationships, increasing price of crude oil and high demand from end users such as power suppliers, automobile industry, residential builders, and electronic companies have triggered the market growth, and the growth will not falter even during the forecast period.

Among all regions, North America is the leading market across the globe. The region dominated the global solid oxide fuel cell market with 46.5% share in 2017. In North America, the United States is the major economy contributing to the solid oxide fuel cell market. Also, the region will expand further with a CAGR of 13.11% and will sustain its dominance throughout the forecast period. Favorable government initiatives, development of large-scale companies, heavy investments in research and development activities, and technological advancements have led to the impressive growth of the market over the past few years.

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Hydraulic Fracturing Market Segments, Product Type, Application and Forecast

Hydraulic Fracturing Market Highlights:-

The hydraulic fracturing market is growing due to the abundance of unconventional reserves such as tight oil, shale gas, coal bed methane and others. The rising concern regarding the depletion of conventional oil and gas blocks along with the shift in focus towards development of the unconventional resource is expected to drive the demand of hydraulic fracturing market share. Besides the introduction of various government initiatives and the introduction of tax incentives, FDI provision and financial aids in the hydrocarbon sector are further expected to drive the demand of the market. However, the huge cost involved in the process of hydraulic fracturing is expected to hamper the growth of the market.

  Segmentation:

Global Hydraulic Fracturing Market has been segmented on the basis of well type, technology, application, and region. Based on technology, the market is further segmented into plug-and-perforation, sliding sleeve, and others. Amongst these, the plug-and-perf segment dominates the global market due to the advantage of having a large number of individually fractured stages in the wellbore. On the basis of well type, global hydraulic fracturing market is classified into horizontal and vertical. The horizontal hydraulic fracture technology is prominent in the market due to its advantage of fracturing multiple oil wells from the same point. Based on application, hydraulic fracturing market is segmented into crude oil, shale gas, tight oil, and others. Tight oil segment is dominating the global market with increasing demand for oil from non-conventional sources, and shale rocks are having low permeability.

 Hydraulic Fracturing Global Market Research Analysis:-

Global hydraulic fracturing market is anticipated to expand at a phenomenal rate during the forecast period due to increased shale oil & gas revolution, rising demand for oil, and rising concern for the depletion of natural resources. North America is expected to dominatein terms of market share of the hydraulic fracturing market as a reason that shale oil & gas production is increasing every year from U.S. and Canada. According to U.S. EIA, in 2017, the total tight oil produced in the U.S. was about 4.67 million barrels per day, accounting up to 50 % of total crude oil production from the country.

 Top Key Players:-

U.S. Silica     Holdings

Halliburton

Nuverra

Baker Hughes GE

Schlumberger

National Oilwell     Varco, Inc.

Patterson-UTI     Energy

FracChem LLC.

TechnipFMC

FTS     International

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Marine Engine Market Share, Future Prospects, Key Players Analysis Forecast

Marine Engine Market Highlights:-

Rapid rise in ship building activities in recent times is one of the primary factors driving the demand in the Marine engine market. Increasing demand for luxury vessels as a result of increasing disposable income among individuals has been a major contributor to the increasing demand in the marine engine market. Rise in demand for commercial vessels such as gas carriers and bulk carriers has significantly contributed to the rapid growth of the marine engine market.

Thus the Marine Engine Market is expected to register a CAGR of almost 4%.

 Market Segmentation:-

Based on application, the market is segmented into commercial vessels, offshore support vessels and other vessels. Commercial vessels segment had been dominating the market in 2016 and is projected to be the fastest-growing application segment. Commercial vessels such as bulkers, container ships, cargo vessels, LNG carriers, LPG carriers, pure car carriers, chemical carriers. The rise in commercial shipbuilding industry and commercial sea-borne activities has augmented for the growth. Based on the fuel, the market is segmented into heavy fuel oil, intermediate fuel oil, marine diesel oil, marine gas oil and other fuels. Heavy fuel oil had been dominating the market in 2016 and is projected to be the fastest-growing fuel over the next five years. Heavy fuel oil are inexpensive as well as they are extensively available. However, with stringent emission norms coming into effect, there will be an increase in the demand for cleaner-fuels such as Intermediate Fuel Oil, Marine Diesel Oil, and Marine Gas Oil.

  Leading Key Players:-

Some of the key players in the Marine Engine Market Man Diesel & Turbo Se (Germany), and Wärtsilä Corp (Finland). Mitsubishi Heavy Industries, Ltd. (Japan), Brunswick Corporation (U.S.), GE Transportation (U.S.), Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), Rolls-Royce Power Systems AG (Germany), AB Volvo (Sweden), Yanmar Co., Ltd. (Japan), Scania AB (Sweden), John Deere (U.S.), Daihatsu Diesel MFG. Co. Ltd. (Japan), Dresser-Rand Group, Inc. (U.S.), and Deutz AG (Germany) are among others.

 Regional Analysis of Global Marine Engine Market:-

The flourishing ship building industries in china, South Korea and Japan is one of the prime factors which has resulted in Asia-Pacific region dominating the Marine Engine market. Rise in maritime trade in this region along with increasing incidence of investment is expected to contribute to the domination of the Asia-pacific region in the marine engine market.

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Thin Film Photovoltaics Market Top Key Players, Business Strategies and Forecast to 2023

Thin Film Photovoltaic Market Overview:-

Thin film photovoltaics market is expected to have a huge number of advancements over the forecast period owing to continuous developments in end-use industry coupled with rising demand from industries in the end-use sector. Multinationals and well-established companies in the market are also expected to have high expansion activities.

Solar power sees maximum opportunities due to huge geographic potential and incentives and policies from the governments to promote clean energy generation. Solar power has attained milestones in the last decade, with global generation reaching to approximately 100 GW, by the end of 2017. Solar photovoltaics are advantageous as they are quiet and are reliable for long term electricity generation without huge maintenance costs.

 Market Segmentations:-

On the basis of type, the market is fragmented as organic and inorganic. Organic segment accounts for the largest market share owing to photoactive layers composed of donor and acceptor semiconducting organic materials to generate photocurrents thus organic photovoltaics have capability to capture huge amount of sun rays and convert them to electricity. . Based on end-user, the thin film photovoltaics market is segmented as residential, industrial, and commercial. Commercial sector is expected to dominate the market, owing to supporting policies and incentives that are provided by the governments.

  Top Key Players:-

The major player operating in the market of global thin-film photovoltaics are Siemens AG (Germany), United Solar Energy (U.S.), Solar Cells Inc. (U.S.), Solarex MD (U.S.), Golden Photon Inc. (U.S.), ECD (U.S.), Kyocera Corporation (Japan), and Suntech Power Holdings Co. Ltd (China). Mitsubishi Electric Corporation (Japan), Panasonic Corporation (Japan), Sharp Corporation (Japan), JA solar Co. Ltd (China), Jinko Solar (China), ReneSola Co. Ltd (China),Kaneka Corporation (Japan) , and Trina Solar (China) are among others.

 Regional Analysis:-

Asia Pacific is one of the largest markets for solar inverter in the world. There is an increased demand for energy due to the growing population and rising disposable income in the region. Moreover, the rapidly growing economies in this region are also the top polluters in the world. South Asian countries such as China, India, are sunlight-rich countries. For an instance, Qinghai province in China, has an average sunshine of more than 3500 hours per year. These factors are driving the market for thin film photovoltaics from Asia Pacific region and hence it is projected to grow at an exceptional high rate by 2023.

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Thermal Energy Storage Market Share, Future Prospects and Latest Technologies Report

Thermal Energy Storage Market Highlights:-

Thermal energy storage provides an effective way of utilizing the energy that is otherwise wasted in several processes and is also becoming important for saving and conservation of electricity. The need for reducing greenhouse gas emissions and introducing mixed energy sources in global utilities changes the global power generation and distribution scenario. Moreover, features such as lower capital costs as compared to other storage technologies as well as very high operating efficiency helps to boost the thermal energy storage market. The need for a sustainable energy solution for daily needs has fueled the demand for thermal energy storage systems globally.

The report has analyzed the Thermal Energy Storage Market based on technologies, end use and the regions of North America, Europe, APAC and ROW (rest of the world). On the basis of Technology it includes Sensible heat, Latent heat, and Thermochemical heat. Sensible heat storage is the most common method and has been employed for hundreds of years as hot water tanks. On the basis of end use, it is segmented as Commercial, Industrial, Utilities and Residential. The commercial and industrial sectors are the fastest and largest growing market, owing to the exponential rise in the demand for effective backup power supply.

 Top Key Players:-

Ice Energy Holdings, Inc. (U.S.), Steffes Corporation (U.S.), Caledonian MacBrayne and CalMac (U.K.), DN Tanks, Inc. (U.S.), Burns & McDonnell (U.S.), Fafco, Inc (U.S) and Abengoa Solar (Spain) are the key players of global thermal energy storage market.

 Industry News:-

In January, 2018 – Microsoft Highlights Steffes’ Mission to Revolutionize Renewable Energy Storage. Microsoft visited Dickinson facility in October to talk about Steffes’ ongoing mission to revolutionize how renewable energy is utilized through grid interactive storage.

In June, 2017 – Ice Energy, the leading provider of distributed thermal energy storage solutions, announced that its Ice Bear 20 home cooling and energy storage system has achieved a Seasonal Energy Efficiency Ratio (SEER) of 14.56 when operating like a conventional AC unit, and when operating in its ice cooling mode using stored ice, an unprecedented Energy Efficiency Ratio (EER) of 150.

 Europe to be the largest market:-

Europe is projected to dominate the thermal energy storage market. Higher investments on solar energy as well as the lower costs of power generation are some of the factors driving the market in Europe region. Moreover, Europe is also showing great potential for replacement of fossil fuels with utilization of waste heat. Recently, newer developments like seasonal thermal storage and molten salt thermal storage have allowed for the storage of energy during summer as well as in winters.

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Blockchain in Energy Market Profiles Analysis, Industry and Forecast

Blockchain in Energy Market Overview:-

As blockchain technology is a relatively new technology that has the potential to transform the way energy industry operates while moving away from a centralized structure towards a decentralized system. Through blockchain technology, the energy industry operations are expected to be more flexible and can also efficiently contribute toward fast-tracking the speed of changes taking place in the energy industry. Keeping these developments in mind, the Blockchain in Energy Market is anticipated to achieve USD 5,032.6 million in terms of revenue approximately while growing with a CAGR of 74.45 percent in the forecast period. The most encouraging of the blockchain in energy’s applications presently are carried out through partnership and collaboration amid the major players such as utility providers such as RWE or technology developers such as Siemens with the blockchain technology companies. The independent power producers comprising of residential and commercial players are also contributing more with solar PV and thermal leading to development in the decentralized energy generation rate.

 Industry Top Key Players:-

The significant players in the market have implemented various strategies to preserve and expand their market share. The key players of global solar panel market are WePower UAB (Republic of Lithuania), Conjoule GmbH (Germany), Power Ledger Pty Ltd (Australia),LO3 Energy, Inc (U.S.), Grid + (U.S.), BTL Group Ltd. (Canada), Enosi Foundation (Australia), The Sun Exchange (Pty) Ltd. (South Africa), and Electron (Chaddenwych Services Limited) (U.K).

  Segment Overview:-

The platform type basis of segmentation of the market comprises of hyperledger, ethereum, tendermint, and interbit. Ethereum is responsible for the leading market share of 76.89% in 2017, with a market value of USD 138.6 and is likely to develop at the highest CAGR of 78.56% during the forecast period. The market segmentation of the market on the basis of implementation type comprises of development platforms, service & solution, and industry specific. The end use industries based segmentation of the market includes power & utilities, renewable energy, and oil & gas. The applications based segmentation of the computer vision market consists of grid management, energy trading, control & security, payment schemes, supply chain and logistics.

 Market Research Analysis:-

Grid management and peer-to-peer energy trading services are expected to command a major market share

The global blockchain in energy industry is segmented based on technology type, platform type, implementation type, end-use industries, and by applications across the different regions of the world. With the ability to monitor and facilitate decentralized applications, blockchain implementation in energy industry is expected to create new business models, such as peer-to-peer energy trading facilities. With this, customers can choose whom they want to share the energy generated by them and it can be done without any third party or consortiums intervention. This is highly beneficial, especially in regions and places where there is more distributed energy sources such as solar power generation and small-scale wind. Hence peer-to-peer application is expected to show rapid growth rate. Besides, in the energy sector, the power and utilities operations is witnessing a number of blockchain based projects as more and more utilities and blockchain players are teaming with investment collaboration to check and expand the potential of this technology. On the other hand, major oil and gas companies, such as BO, Shell, and Statoil are all joining forces to create a common blockchain based platform for oil and gas operations. Blockchain in energy industry has huge potential as it can considerably remove the intermediary processes along with faster and secure implementation of operations.

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Smart Meters Market Business Opportunities, Profits & Analysis by Forecast

Smart Meters Market Overview:-

A Smart Meter is an ingenious little device that not only reads and displays the consumption of electricity, gas, and water but also helps to control the usages, displaying the accurate real-time data and advanced data analytics of electricity/gas/water usages of each day. These meters can automatically send the collected data to the suppliers and users, on their mobile app.

 The Smart Meters Market segment is expected to grow at 9.56 percent CAGR during the forecast period.

Simultaneously, officials can also get the meter reading remotely, using wireless meters reading network and software on a handheld/ mobile unit. This saves a whole lot of time and energy of the officials, spent on a personal visit required to get the meter reading. In addition to the consumption information, the collected data also consists of the information on valve and battery status, etc.

 Competitive Analysis:-

The development of the market vendors is dependent on market situations, government backing, and industry growth. Players are focusing on reinforcing their presence worldwide through partnership & collaboration followed by mergers & acquisitions through the forecast period. These strategies are extensively adopted to grow their presence and the customer base. The competitive setting in the market is expected to intensify further owing to the rise in new product developments and business expansions. Companies will carry on to highlight the adoption of new development strategies to gain a better foothold in the market on an international level. The significant players profiled in the report consist of Siemens AG. (Germany), Landis+Gyr (Switzerland), Schneider Electric (France), Aclara Technologies LLC (U.S.), Zenner (Germany), Xylem, Inc. (U.S.), Honeywell International Inc. (U.S.). Itron Inc. (U.S.), EDMI (Singapore), Apator Group (Poland), Badger Meter, Inc. (U.S.), DIEHL Metering (Germany), and Kamstrup A/S (Denmark) among others.

 Global Smart Meters Market - Regional Analysis

The North American region is another key market for smart meters. Government policy mandates and fiscal incentives have been the key drivers for the demand for smart meters. Also, the region is the hub for critical manufacturers, who are a positive influence on the development of the market. Hence, the North American smart meter market is anticipated to develop at a CAGR of 9.46 percent throughout the forecast period. The U.S. is one of the primary markets for smart meters. More than 30 electric companies in the United States have fully deployed smart meters. The Asia Pacific region is another main market for smart meter globally. Growing smart cities projects in countries like China, India, Thailand, and others which is driving the growth of the market. Also, the demand for energy in the region is high due to the escalating population level and enhancement in the lifestyle in the region. This has led to an upsurge in investment in T&D, which will raise the demand of the market. The Asia Pacific region is estimated to develop at an increased CAGR of 9.91 percent through the forecast period.

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Bio Power Market Business Opportunities, Profits & Analysis by Forecast

Bio Power Market Highlights:-

The Global Bio Power Market is growing with the rapid pace; mainly due to the increasing demand for energy. According to a recent study report published by the Market Research Future, The global market of Bio Power is getting the momentum and is expected to gain prominence over the forecast period. The global Bio Power Market is forecasted to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2027).

Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. The existence and development of adequate infrastructure is essential for sustained growth of an economy. Worldwide governments initiate plans to introduce a scheme to encourage setting up of biomass plants across the countries, which will generate electricity and also help dispose of agricultural waste in a carbon-neutral manner to help tackle growing pollution. Industries such as steel-making are expanding biomass usage for in-house energy generation to reduce emissions while the paper companies tap on bio power generation to energize profit.

 Top Key Players:-

Some of the key players in the Bio Power market are A2A, Biopower Operations Corporation, Dalkia, EnviTec Biogas AG, MVV Energie SG, Schmack Biogas GmbH, and Weltec Biopower GmbH.

 Market Segmentation:-

The Bio Power market has been segmented on the basis of type as Biogas and Biomass. On the basis of application the market has been segmented as Residential, Commercial and Industrial.

 Bio Power Global Market - Regional Analysis

Japan targets its power generation from renewable sources to increase by 50 percent, and Bio power is expected to see a fivefold increase over the same period. The country's renewal of its renewable energy feed-in-tariff (FIT) scheme, has prompted increased biomass throughputs and encouraged Japanese utilities to buy renewable electricity from wider areas, such as the industry sector.

North America is expected to dominate the Bio Power market mainly due to the favourable government regulations. The integration of Bio Power is expected to increase in the North American region providing the market with scope for further growth. Europe and Asia-Pacific are the other major regions for the Bio Power market due to boost in the manufacturing sector in these regions.

India’s power sector is one of the most diversified in the world. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required.

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