Energy Research Report: June 2016

Thursday 30 June 2016

Global Waste to Energy Market Surges at 8.1% CAGR 2013-2019 due to Increasing Pressure to Manage Overflowing Landfills

Transparency Market Research has published a new research report about the global waste to energy market. The research report, titled “Waste to Energy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” provides a comprehensive outlook of the overall market. According to the document, the global waste to energy market was valued at US$18.4 bn in 2012 and is expected to reach US$31.8 bn by 2019. In a span of six years, between 2013 and 2019, the global waste to energy market is expected to surge at a pace of 8.1% CAGR.

Waste to energy refers to methods used for converting solid waste or municipal waste in forms of energy. The waste generated from commercial, industrial, and domestic users is transformed into energy in the form of steam, electricity, and fuel cell. The global waste to energy market has been witnessing a positive growth rate due to the increasing pressure on the governments to reduce the volume to waste in order to control emissions from landfills.

The global waste to energy market has been segmented on the basis of technology and geography. The technologies used in this market are biological and thermal. Geographically, this market is segmented into Asia Pacific, Europe, North America, and Rest of the World.

Currently, the thermal technology sector holds a dominant position in the overall waste to energy market. As of 2012, this segment held a significant share of about 80% in the global market. The demand for thermal technology is being driven by a growing number of taxes on poorly managed landfills and municipal solid waste. Thermal technology is aimed towards reducing the amount of waste, thereby solving the issue of waste accumulation for several municipalities. Analysts also predict that the biological technology segment is also expected to grow at a rapid pace in the coming years.

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Currently, Asia Pacific has a firm grip on the global waste to energy market with a share of more than 40% of the overall revenue. This regional waste to energy market is anticipated to grow at speedy rate due to improving economic development and rising disposable incomes. The Asia Pacific waste to energy market is being driven by India, China, and Japan. Presently, Japan has well-established waste management solutions. On the other hand, the vast potential of India and China to product excessive amounts of waste is also expected to fuel this market in the near future.

Some of the important players operating in the global waste to energy market are Veolia Environnement, China Everbright International Limited, Covanta Energy Corporation, C&G Environmental Protection Holdings, Constructions industrielles de la Méditerranée (CNIM), Waste Management, Inc., and Suez Environment S.A.

The research report assesses these players thoroughly to provide a fair understanding of the nature of the competitive landscape in the global waste to energy market. Furthermore, the research report also provides an evaluation of the research and development strategies, business and marketing strategies, financial overview, and expansion plans of these companies for the coming few years.

Key Segments of the Global Waste to Energy Market

Waste to Energy Market: Technology Analysis

Thermal
Biological

Waste to Energy Market: Regional Analysis

North America
Europe
Asia Pacific
Rest of the World (RoW)

Concentrator photovoltaic (CPV) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024

Global Concentrator Photovoltaic Market: Overview

Concentrator photovoltaic (CPV) technology entered the market in the mid-2000s as a utility scale solar power generation option. While the technology has witnessed widespread acclaim and a significant number of installations across the globe in the past few years, it is still at a nascent stage of development. When compared to conventional flat-plate PV, which have been lauded for their easy application in domestic settings and rooftops of public and private buildings, the concentrator photovoltaic technology is a relatively small player in the overall solar power generation market.

Recently, the CPV industry has witnessed turbulent times with the number of new installations significantly declining in 2015 as compared to the past. Many major CPV companies have exited the market owing to increased pressures from declining costs of other PV technologies where many others are facing difficulties in raising the capital required to experiment and grow.

Nevertheless, CPV modules continue to improve in terms of efficiency, realizing conversion rates far beyond what is possible from traditional flat-panel PV modules. Continuous research efforts in the field have led to the development of modules that have efficiencies of up to 43%, the highest of all existing PV technologies. Researchers believe the technology still has room for improvement in the future, providing a way for achieving significant reduction in overall system costs.

This report on the global CPV market attempts at exploring the current state of the CPV market, technology, research, and innovations. The report also gives thorough insights into the market’s growth trajectory over the past few years, highlighting the shifting trends of consumers and technology developers in the global CPV market. Reliable qualitative and quantitative data pertaining to other crucial market elements is also included in the report.

Global Concentrator Photovoltaic Market: Trends and Opportunities

Concentrator photovoltaics are solar power generation systems which, unlike conventional photovoltaic systems, use lenses and curved mirrors for focusing sunlight onto a small but highly efficient area of the PV cell. CPV systems often employ solar trackers to further increase its efficiency.

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Concentrator photovoltaic systems are mostly of interest to power generation projects located in sun-rich locations that receive direct normal irradiance (DNI) values of more than 2000 kWh. These PV systems are not suitable for installation on rooftops, thus limiting their scope of application to an extent.

CPV systems are differentiated according to the system’s concentration factor. As such, there are two broad segments of CPV systems: High concentration PV (HCPV) and low concentration PV (LCPV). So far, a massive share in the overall CPV capacity installed across the globe is accounted by high concentration PV with dual axis tracking, with large-scale power plants being the leading consumer. A major reason for the increased installation of HCPV across large-scale power plants is the significant improvement in the efficiency of individual modules and substantial reduction in area-related costs of the overall power generation project. HCPV is also more preferable in hot climates, since the output of the PV cells used does not decline as rigorously as that of conventional crystalline silicon cells at high temperatures.

Global Concentrator Photovoltaic Market: Region-wise Outlook

Presently, China has the largest CPV power plant in operation making Asia Pacific one of the leading markets for the global CPV market. Over the report’s forecast period as well, Asia Pacific will continue to dominate the CPV space. The Middle East and Africa regional segment will also present many lucrative growth opportunities. The U.S. and Europe also account for a major share in the world’s presently installed CPV capacity.

Global Concentrator Photovoltaic Market: Competitive Landscape

Many CPV companies have come into bankruptcy, have closed operations, have moved away from CPV to standard PV, or have been acquired by larger PV companies. However, it should be noted that such type of consolidation is typical of most nascent-stage markets or industries. Many companies still continue working on CPV modules and the rate of innovation and technological development is highly motivating.

Some of the major players in the global CPV market are Ravano Green Powers, Sunpower Corporation, Zytech Solar, and Soitec.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

SCADA Market Advanced technologies & growth opportunities in global Industry by 2024.

Global SCADA Market for Water and Wastewater: Overview

Supervisory control and data acquisition (SCADA) systems are complex software products that facilitate the gathering and analyzing of real-time data. SCADA networks help in remotely monitoring and controlling a variety of industrial devices and sensors that are part of an entire system. The statuses of these elements are then communicated to a central data processor.

Since the last few years, the SCADA market has become highly mature in terms of sophistication of the products available. Currently, technologically advanced and modular SCADA systems are capable of managing the dynamically changing infrastructure of the water and wastewater industries.

The report analyzes the historical growth trajectory of the global SCADA market for the water and wastewater industries and includes information tracing the market’s development back to the base year of the research. The report further presents a detailed analysis of the market’s present state with the help of exhaustive information along with predictive analysis for market growth over the forecast period.

The report uses data that has been collected through primary and secondary research techniques and industry-best analytical methods to narrow-down market data into precise business insights. The major segments of the global SCADA market for the water and wastewater industries and the most influential vendors operating in it are also profiled in the report to present a 360-degree overview of the market.

Global SCADA Market for Water and Wastewater: Trends and Opportunities

Factors such as the convergence of smart devices in water utility infrastructure and rising competition among utility companies are boosting the market. Additionally, the need to scale up the existing infrastructure in order to effectively cater to the increasing population has contributed to the higher adoption of SCADA systems in the water and wastewater industries. Over the next few years, the rising demand for large-scale technological upgrades in water utility systems, especially in developing regions such as Asia Pacific, will also provide impetus to the global SCADA market for water and waste water industries.

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Emergence of technologically advanced products featuring improved set of functionalities and capabilities, development of components that are scalable and easier for integration with dynamic systems, and significant improvement in communication channels will lead to increased adoption of SCADA systems in the water and wastewater industries during the forecast period.

Global SCADA Market for Water and Wastewater: Segmentation

In order to present an in-depth analysis, the market has been segmented on the basis of three broad criteria in the study: SCADA component, architecture, and geography.

On the basis of SCADA component, the market has been analyzed for SCADA communication systems, human machine interface (HMI), remote terminal unit (RTU), and programmable logic unit. On the basis of architecture, the global SCADA market for water and wastewater industries has been segmented into software, hardware, and services.

Global SCADA Market for Water and Wastewater: Region-wise Overview

The global SCADA market has been examined from a geographic standpoint for regional markets such as North America, Asia Pacific, Europe, and the Rest of the World (RoW). In terms of revenue, Asia Pacific is expected to account for the major share of the SCADA market during the forecast period.

To serve more effectively to the burgeoning population, water and wastewater industries in these countries have started utilizing SCADA systems on a large scale to upgrade the utility infrastructures. The water and wastewater industries in developed regions are already using SCADA as the core technique to manage the highly developed utility infrastructure of the water and wastewater industries. This will also propel the demand for advanced SCADA systems during the forecast period.

Global Building Integrated Photovoltaics (BIPV) Market to Exhibit 18.7% CAGR 2013-2019 due to Growing Demand for Renewable Energy Sources

A comprehensive report on the global building integrated photovoltaics market has been published by Transparency Market Research. The report, titled “Building Integrated Photovoltaics (BIPV) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” anticipates the global BIPV market to expand at a CAGR of 18.7% during the period from 2013 to 2019. The global BIPV market registered 343.1MW in 2012 and is expected to reach 1,152.3MW by 2019. The report analyzes the growth of the market across some of the key regions and profiles some of the prominent players in the market.

The building integrated photovoltaic systems or BIPV systems implement integrated solar panels for electricity generation. Solar radiations are transformed into electrical energy with the help of BIPV systems. The electricity generated through the BIPV systems is widely used across residential and commercial sectors. The BIPV systems offer decentralization of grid power and hence, are preferred.

The report identifies that the growing awareness about the reduction of carbon footprints and the increasing focus on electricity generation from renewable resources of energy have propelled the growth of the global BIPV market. The low cost of electricity generation through BIPV, coupled with various government schemes and feed-in tariff’s rates, has supported the market’s growth. However, the high cost of BIPV systems is expected to restrain the growth of the market during the forecast period. Emerging technologies in BIPV hold immense opportunities for the growth of the market.

global-bipv-market-volume-share-by-product-segment-type-2012-and-2019On the basis of technology, the global BIPV market has been segmented into thin film, C-Si, and others including DSC and OPV. The C-Si technology dominated the overall market with a share of 60% in 2012. The increasing adoption of the technology has been fuelled by its low cost. This technology is anticipated to lead the market throughout the forecast horizon. However, the thin film technology segment is projected to witness expansion at a CAGR of 19.1% during the forecast period.

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According to end users, the global BIPV market has been divided into commercial, industrial, and residential. In 2012, the commercial sector accounted for 67% of the market and emerged as the leading end-use segment. However, during the forecast period, the industrial and residential categories are expected to display health growth.

Asia Pacific, Europe, North America, and Rest of the World are the key regions in the global BIPV market. The market was dominated by Europe in 2012 and the region held 41% of the market in terms of annual installations. Europe was followed by North America that accounted for 27% of the market. The rapid economic development and industrialization across the developing economies are expected to propel the growth of the market across Asia Pacific during the forecast period.

The global BIPV market is fragmented due to the presence of a number of players operating in the market. Some of the prominent names in the global BIPV market are Onyx Solar Group LLC, First Solar Inc., Sapa Solar, Sharp Solar, CENTROSOLAR Group AG, Ascent Solar Technologies Inc., Ecotemis, ertex solartechnik GmbH, Power Film Inc., Heliatek GmbH, and Pythagoras Solar. In 2012, players such as First Solar Inc., Sapa Solar, CENTROSOLAR, Ascent Solar Technologies Inc., and Pythagoras Solar dominated the overall market and accounted for 40% of the market.

Global building integrated photovoltaics (BIPV) market has been segmented as:

BIPV Market: Product Analysis

Rooftop
Curtain wall
BIPV windows

BIPV Market: Technology Analysis

C-Si
Thin film
Other (DSC & OPV)

BIPV Market: End-user Analysis

Commercial
Residential
Industrial

BIPV Market: Regional Analysis

North America
Europe
Asia Pacific
Rest of the World (RoW)

Wednesday 29 June 2016

Global Enhanced Oil Recovery Market to Exhibit 26.70% CAGR 2013-2023 thanks to Increased Adoption of Solar EOR Process

Transparency Market Research recently announced the publication of a market research report, titled “Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2023.” As per the study, in 2012, the global market for enhanced oil recovery was worth US$38.1 bn and is estimated to reach a value of US$516.7 bn by 2023. The market is anticipated to register an impressive 26.70% CAGR between 2013 and 2023. The research study offers a comprehensive analysis of the global enhanced oil recovery market, presenting insights into the product segmentation, major geographical segments, and competitive landscape.

Enhanced oil recovery (EOR) is a process comprising several techniques to boost the amount of crude oil that is extracted from the oil fields. If a primary recovery technique is used, then around 5% to 15% oil can be extracted, whereas in the case of secondary recovery technique around 20% to 60% can be acquired. On the other hand, if an enhanced oil recovery procedure is implemented, then nearly 35% to 75% of oil can be extracted from the oil field.

The increasing demand for oil and depleting oil reserves are some of the prominent factors projected to bolster the growth of the global enhanced oil recovery market in the forecast period. In addition, the growing use of solar enhanced oil recovery procedures and increasing oil production in the Middle East region are considered as the major opportunities in the market. However, the high cost and operational and technical concerns are projected to curb the growth of the global EOR market in the near future.

global-enhanced-oil-recovery-market-share-by-technology-2012-and-2023On the basis of technology, the global EOR market has been classified into gas, thermal, and chemical injection. In 2012, the thermal injection technology segment accounted for a 51.5% share in the global enhanced oil recovery market. According to the report, the thermal technology has reached the maturity level, owing to which it is projected to lose some of its share to other technologies. In 2012, the chemical injection technology held a 10.3% share in the global enhanced oil recovery market and is projected to stand at 29.71% by 2023. The gas injection technology segment is expected to hold a 38.5% share in the global market.

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In 2012, North America accounted for a 38.9% share in the global enhanced oil recovery market. The remarkable contribution from Canada, Mexico, and the U.S. augmented the growth of the enhanced oil recovery market in this region. In the same year, the Rest of the World segment held a 30.9% share in the overall market. This segment is projected to grow at a fast pace in the next few years, exhibiting a progressive growth rate. Europe is estimated to account for a 13.1% share in the overall enhanced oil recovery market by the end of 2023. On the other hand, the Asia Pacific market for enhanced oil recovery is anticipated to lose significant share throughout the forecast period.

The leading players active in the global EOR market include Cenovus Energy Inc., ExxonMobil Corporation, Petronas, Statoil ASA, BP Plc, ConocoPhillips, Chevron Corporation, Anadarko Petroleum Corporation, and Royal Dutch Shell Plc. Detailed profiles of these players have been covered in the research report.

Key Segments of the Global Enhanced Oil Recovery Market:

Global Enhanced Oil Recovery Market, by Technology

Thermal
Gas
Chemical

Global Enhanced Oil Recovery Market, by Geography

North America
Europe
Asia Pacific
Rest of the World (RoW)

Coal Trading Market Segment Forecasts up to 2023, Research Reports:TMR

Coal is the backbone of the power, industrial, and manufacturing sectors of every country. The coal trading market is expected to expand due to rise in industrial development across the world. Increased demand for power and rise in urbanization are some of the important factors driving the demand for coal. The coal trading market is estimated to expand during the forecast period owing to increase in infrastructure and power requirements in all geographies of the world. Rise in demand for power and growth in population are some of the important factors affecting the demand for coal. Coal is used in wide range of application. This includes power, steel and cement. Energy is critical to sustainable development. Coal usage supports business and industry, so that they can achieve economic growth.

Rising demand for power is also propelling the global coal trading market. Growth in the coal trading market is likely to be driven by Asia Pacific, followed by North America, Europe, and Rest of the World, during the forecast period.

The coal demand plays a vital role in power generation and is set to continue. Coal is used in variety of sectors such as in iron and steel production, and cement production etc. Rapid population growth demands more power. Price of coal is dependent on its logistics cost. Coal has to be transported to the end-user before it can be used. Transportation cost accounts for a large share of total delivered price of the coal. Major coal fired power plants are located near to coal mines in order to minimize transportation cost. For short distances, from mine to the market, coal is transported through trucks, conveyor. For long distances, from mine to the market, coal is transported through ships and pipelines. Coal is mixed with water in order to transport it through pipelines

The market for coal trading has been segmented on the basis of type, application and region. Bituminous held the largest share (46%), followed by sub-bituminous (32%) of the coal trading market, by coal type in 2014. In terms of region, Asia Pacific and North America accounted for nearly 47.1% and 23.9% share, respectively, of the coal trading market, by coal type in 2014. Power held the largest share (65%), followed by others (16.1%) such as Paper, fertilizers, pharmaceutical, industrial heating and others. The difference in the market share, by coal type is attributed to high growth rate is Asia Pacific compared to that in other regions.

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Increasing demand for power and infrastructure in Asia Pacific is a major driver for the growth of the coal trading mining market in the region. North America was the second-largest market followed by Europe in 2014. The Rest of the World exhibited sluggish growth in the same year; however, increase infrastructure and power requirements are anticipated to augment the coal trading market in these regions in the near future. In Asia Pacific, China, and India are estimated to emerge as markets with high potential for coal trading market in Asia Pacific during the forecast period.

The global coal trading market has been segmented into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Asia Pacific held the largest share of 47.1% and North America held the second largest share of 23.9% in global coal trading market in 2014 by coal type. Asia Pacific houses developing countries which are expanding in terms of power requirements, industrial developments and constructional activities. North America is focusing more on improving its existing industrial and infrastructure facilities which would increase demand for iron, steel and cement. Thus, the demand for coal is expected to increase for the forecast period.

Power Quality Meter Market Global Market Opportunity Assessment Study 2024.

Power Quality Meter Market: Overview

Power quality meters are used across all industrial verticals for the analysis of electrical parameters that are related to the flow of electricity. These meters enable engineers and electricians to gather real-time readings and data for a thorough analysis of the quality of power. Today, power quality meters are used in areas such as manufacturing, industrial sectors, and in commercial hubs. These meters play an important role in ascertaining the problem areas when an electrical system fails. Consequently, several end users are using power quality meters to troubleshoot by finding the root cause and design a solution to fix the issue.

The research report on the global power quality meter market investigates the market drivers and restraints. It provides an exact and accurate understanding of the trajectory of the overall market using Porter’s Five Forces analysis and SWOT analysis. Furthermore the document, compiled using primary and secondary research methodologies, aims to answer important questions about the global power quality meter market. It comprises aspects such as the scope of the market, its valuation at the end of the forecast period, the segment-specific drivers and restraints, and the volatility of economic forces impacting the overall market.

Power Quality Meter Market: Key Trends and Opportunities

The primary growth drivers for the global power quality meter market are the increasing importance of these meters in safeguarding electrical components and the networks, hefty investments in the setting up of renewable power plants, and the growing upgrades of electrical networks in emerging economies. An increase in industrial activity and infrastructural investments across the globe due to the rising demand for energy are also expected to boost this market in the coming years.

Popularly, the transportation sector, industrial and manufacturing sector, utilities, and research and development centers extensively use power quality meters. The report suggests that utility will be the fastest-growing end user of these meters due to the ongoing investments made in developing transmission and distribution lines. This trend is especially dominant in Europe and North America, both of which are upgrading their infrastructure.

Furthermore, the industrial and manufacturing sector is also expected to make a significant contribution to the growth of the global power quality meters market. This growth will be driven by the increasing need to create an uninterrupted supply of power to achieve the desired output in the most efficient manner. These meters are especially deployed to prevent power outages that can severely impact operations, thereby generating huge losses.

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The only drawback in the overall power quality meter market is the lack of confidence end users have in the troubleshooting abilities of power quality meters. The reluctance stems from poor knowledge about the benefits of these meters. However, players are working toward creating impactful papers, brochures, and others forms of educational material to help potential consumers understand the importance of investing in power quality meters.

Power Quality Meter Market: Region-wise Outlook

Geographically, the global power quality meter market is segmented into Asia Pacific, North America, Europe, the Middle East and Africa. Research analysts state that Asia Pacific will lead the global power quality meter market in the near future. This region’s growth will be attributable to the rapid pace of industrialization and urbanization in this region. The study indicates that China will dominate this region’s growth, as the country is in the process of a major electrical infrastructure upgrade and of setting up new distribution and transmission lines. Europe and North America will follow this lead in the forecast period but at a remarkably slow pace.

The chief players in the global power quality meter market are Itron Inc., ABB Ltd., Schneider Electric SE, Honeywell International Inc., General Electric, Siemens AG, and Eaton Corporation. The report profiles the recent developments of these players, their important activities, and the nature of the vendor landscape.

Energy Efficient Building Market is expected to rise at a remarkable CAGR By 2024

Global Energy Efficient Building Market: Overview

Energy efficiency is a measure of how much of the available energy is put to use in a given project. UN Secretary-General Ban Ki-moon has started the Sustainable Energy program, with an aim to increase the global rate of improvement in energy efficiency by 2030. Efficient buildings are important for achieving sustainable development as they align social, economic and environmental objectives. However, the scale and pace of ongoing actions around the world is insufficient to convert buildings into an engine of the sustainable energy and efficient economy. Government policies can propel the adoption of energy efficiency measures in buildings.

The energy efficient building market can be segmented on the basis of residential, commercial and industrial sector. Energy efficiency sector represents more than USD 30 billion in potential energy savings in the commercial building sector alone. Building consumes nearly 40 percent of global energy and it has a significant burden on household and business budgets. Increasing energy productivity through measures like building efficiency has the capability to decrease the growth of energy demand in developing countries by more than half by 2020. By 2020, global energy demand is forecasted to rise by 2.2 % every year and majority of the share occupied by developing economies. Investments in building efficiency can free up scarce resources for other purposes.

Buildings require large quantities of raw materials such as water, energy and construction materials that compete with various other sectors of the economy for these scarce resources. The environmental impact can be minimized with energy efficient buildings that reduce greenhouse gas emissions and are environmentally sound while selection of the materials and waste management. In addition these energy efficient buildings contribute to a better indoor and outdoor air quality leading to healthy environment. Further, efficient buildings can improve the quality of life of millions of people because they of improved comfort and proper ventilation. Energy efficiency can stretch existing electricity resources further by providing better energy access, reliability and security in remote areas.

Sustainable development offers us today and the generations to come the triple benefits of social equity, environmental protection and economic progress. Building efficiency is vital for sustainable development as it aligns economic, social and environmental objectives by increasing energy productivity, greening urbanization, water and materials efficiency, mitigating greenhouse gas emissions, and improving the quality of the building. Energy efficient buildings help in achieving sustainable development goals through the cooperation of industries and governments. By making policies, prioritizing life-cycle and performance metrics and engaging in more integrated planning processes, design and construction of buildings can contribute to national and urban sustainability goals.

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Global Energy Efficient Building Market: Drivers and Restraints

The need to focus on the sustainability of the environment exists in both developed and developing countries. In developed economies, achieving sustainable development requires renovation of the existing building stock. In developing economies such as India and China, there is a huge potential to access and implement best in class building practice today.

Some of the key drivers of the energy efficient buildings market are government policies, support by industries and design, construction and renovation of the buildings. However, high operational cost to renovate the buildings can hamper the growth of the market. Modernization in technologies and government rules and regulations brings new opportunities in the energy efficient building market.

Global Energy Efficient Building Market: Competitive Dynamics

Some of the key players in the business of energy efficient buildings are Cleantech Group, Ameresco Inc., Johnson Controls, Knauf Insulation, Serious Energy Inc., KMC Controls Inc. and Architectural Energy Corporation among others.

Hydraulic Turbine and Water Wheel Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast, 2013 - 2019

Hydropower is one of the cleanest sources of energy across the globe. With the growing shift toward renewable sources of energy such as solar energy and hydropower, the demand for hydraulic turbines and water wheels has surged. For the developing economies, hydropower is very useful as it is a cost effective, environment-friendly, and efficient source of power generation. Smaller generators can be utilized to harness hydropower, thereby reducing the dependence on major power plants and conventional sources of energy.

Why is Europe termed as the upcoming region in the global hydraulic turbine and water wheel market?

Among the key regions in the global hydraulic turbine and water wheel market, Asia Pacific holds the top spot owing to the incentive-based support offered by governments for the usage of hydraulic turbines and water wheels.

However, Europe is anticipated to emerge as the leading region and define the future outlook of the market in the near future. In many European nations, the increased focus on renewable energy has boosted the demand for hydraulic turbines and water wheels. In Ukraine, for instance, the government is planning to double the country’s hydroelectric power output within the next decade. In Romania, the 220-MW Vidraru hydro facility is undergoing refurbishment in order to keep up with the growing demand for hydro energy for the generation of electricity.

The European Union has been funding projects for the development of advanced hydraulic turbines. For example, projects such as HYDROACTION and HYLOW are centred on the development of low cost tailor-made small hydro-turbines. In March 2007, EU leaders signed a mandate to reduce greenhouse gas emissions by 20%. As part of the mandate, a fifth of all energy consumption across Europe is expected to come from renewable resources by 2020. Such initiatives taken by the EU have propelled the growth of the hydraulic turbine and water wheel market in the region.

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What are the key factors impeding the growth of the global hydraulic turbine and water wheel market?

The restrictive design of generators is one of the major factors hindering the growth of the global hydraulic turbine and water wheel market. The design of generators is crucial in the development of torque and rotation of the turbine shaft. With better design of generators, it is easier to gain more efficient power generation rates.

According to the International Energy Agency, small-scale hydro schemes have a comparatively localized and modest impact on the environment. The negative socio-economic impacts of large hydropower projects on the surrounding environment are expected to hamper the growth of the global hydraulic turbine and water wheel market.

Tuesday 28 June 2016

Smart Mining Market to Reach US$22.59 bn by 2024, Investments Prompted by Promise of Reduced Operational Costs

Transparency Market Research has released a new market report titled, “Smart Mining Market - Global Industry Analysis, Size, Share, Growth Trends, And Forecast 2016 - 2024” According to this report, the global smart mining market was valued at US$5.98 bn in 2014 and is projected to reach US$22.59 bn by 2024 at a CAGR of 14.7% from 2016 to 2024.

The global mining industry has witnessed as significant transformation in the past few decades. The prime reason behind such transformation is the introduction of numerous smart mining technologies for carrying out mining operations. These smart mining technologies include several automated mining equipment, sensors, RFID tags, and various types of mine monitoring and analytics software.

Previously, the mining industry was largely dependent only on the labor force. Miners mainly used iron chisels & hammers, pickaxes, compressed drills, and other manually operated tools for mining operations. Introduction of such smart technologies not only enables efficient connectivity among miners but also allows optimal production and recovery with minimum wastage. They are also much safer and environment-friendly as compared to the traditional mining technology. Operational costs associated with smart mining technology are also very less as compared with the traditional technology. However, deployment of smart technologies in a particular mine involves very high capital cost. Mining companies across the world also lack skilled labor force to successfully run such smart technologies and they are investing aggressively in training their existing workforce in order to ensure efficient operations.

The global smart mining market has been segmented on the basis of automated equipment and service. However, on the basis of component, the market has been segmented into hardware component and software solutions. Automated equipment holds the highest market share in the smart mining market. Key players in the smart mining market are Rockwell Automation, Inc., SAP SE, Trimble Navigation Limited, HEXAGON, STONE THREE MINING PTY LTD, SYMBOTICWARE INC., Alastri, IntelliSense.io, ABB Ltd., Atlas Copco, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Joy Global Inc., Komatsu Ltd., Sandvik AB, Cisco Systems, Inc., and Alcatel-Lucent.

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Rising concerns about mining operation optimization coupled with increasing use of Internet of Things (IoT) solutions in mining operations have driven the global market for smart mining in the past few decades. Despite several fluctuations in the commodity prices, the global smart mining market was valued at US$ 5,981.2 Mn in 2014 and is projected to reach US$ 22,589.5 Mn by 2024 at a CAGR of 14.7% from 2016 to 2024

Smart Mining Market: By Automated Equipment

Excavators
Load Haul Dump
Drillers & Brakers
Robotic Truck
Other Automated Equipment

Smart Mining Market: By Hardware Component

Sensors
RFID Tags
Intelligent Systems
Others

Smart Mining Market: By Software Solutions

Logistics Software
Data and Operation Management Software
Safety and Security Systems
Connectivity Solutions
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Monday 27 June 2016

Integrated Waste Management for Offshore Industry Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020

The rapidly increasing volume of solid and hazardous waste resulting from persistent economic growth, industrialization, and urbanization has emerged as a burgeoning problem demanding effective solutions from both national and local governments. Sustainable waste management solutions are therefore considered imperative to ensure the well-being of the population. Integrated waste management is a systematic approach designed to manage industrial, community, and institutional waste streams. Integrated waste management (IWM) includes developing systems to ensure resource recovery, positioning of facilities, and implementation of policies and practices aimed at waste reduction.

Emerging nations in particular are faced with an uphill challenge of properly managing waste. These nations are mainly focusing their efforts on generating sufficient funds for waste management. Experts suggest that if the majority of waste generated in these countries is diverted for resource and material recovery, a substantial reduction in final volumes of waste seems possible. Furthermore, recovered materials could be used for generating revenue to fund their waste management endeavors.

Q: How is the market benefiting from its regional segments?

A: Regionally, the global integrated waste management market for offshore industry is spread across Europe, Asia Pacific, North America, and Rest of the World. Some of the most lucrative markets for integrated waste management include Mexico and the U.S. The rising offshore operations in the Gulf of Mexico have significantly spurred the demand for integrated waste management in the U.S. and Mexico.

In the European region, the U.K., Russia, and Norway have emerged as the most attractive markets for integrated waste management. The huge oil and gas reserves in the North Sea has stimulated exploration and production activities in Norway and the U.K. in Europe. This has translated into an increased demand for efficient integrated waste management. Furthermore, the Europe market is also gaining impetus from the implementation of stringent regulations by governments on the disposal of drilling fluids.

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The market is also expected to considerably gain from the increasing offshore drilling activities in the emerging economies of Asia Pacific such as China and Indonesia. Besides this, developing nations in Latin America and the Middle East such as Venezuela, Brazil, and Iran also exhibit lucrative opportunities for the integrated waste management market.

Q: How are developed and developing nations trying to curtail waste disposal by industries?

A: The governments of developing nations are leaving no stone unturned to tackle the mounting concern of waste management. For instance, the government of India has recently launched a web-based application to help industries dealing with hazardous waste to seek online permission for the export and import of certain categories of waste used for recycling.

Abu Dhabi (EAD) in association with the Center of Waste Management had recently organized an introductory session on integrated waste management legislative framework for the emirate. During this session EAD has formally announced its five-year plan to enforce policies and integrated regulatory framework to promote waste recycling, reduction, and recovery apart from enforcement management.

However in developed countries such as the U.S., the government does not specifically dictate waste disposal. Nevertheless, various requirements guide the disposal options selected by industries. Furthermore, discharging oil-based drilling fluids in the sea is prohibited in the country.

Apart from these, governments are also offering various incentives to industries in order to encourage them to participate in different stages of integrated waste management. This is intended to help the industrial community gain better awareness about the importance of waste management.

Welding Consumables Market Global Market Opportunity Assessment Study 2020.

The welding industry comprises welding equipment, welding consumables and welding services. Welding consumables account for a significant share of the welding industry compared to welding equipment and welding services. The welding consumables industry has been experiencing a shift from electrodes towards solid wires and flux-cored wires, due to higher production efficiency of the latter. Advantages such as high deposition rates are likely to boost demand for flux-cored wires, especially in Europe.

The research study analyzes, estimates and forecasts the welding consumables market in Europe, Middle East and Africa (EMEA). Estimates and forecasts of the welding consumables market are provided in terms of volume (Kilo Tons) and revenue (US$ Mn). The study segments the welding consumables market based on product type, applications and key regions. Major product types included are stick electrodes, solid wires, magnesium, flux-cored wires, SAW wires & fluxes, and others such as gases. Key application segments included in the welding consumables study are automobile & transportation, building & construction, marine applications and other applications such as repair & maintenance and pipelines. Product and application segments are further provided for Europe, the Middle East and Africa.

Industry analysis in the research study provides a comprehensive understanding of each player in the value chain of the welding consumables market. The study focuses on key driving and restraining factors in the welding consumables market, with impact analysis of each factor. Industry analysis also provides opportunities for the welding consumables market in the near future. The research study analyzes competition in the welding consumables market with the help of Porter’s Five Forces analysis model. Industry analysis also provides production capacities of various manufacturers of welding consumables in EMEA.

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The report profiles key companies in the welding consumables market such as ESAB, Lincoln Electric, Voestalpine AG, Illinois Tool Works, Air Liquide, Welding Alloys Ltd, Castolin Eutectic, AFROX, Tianjin Golden Bridge Welding Materials Group Co., Ltd, Vorarc Welding CC, Promax Welding Consumables (PTY) Ltd., Kobe Steel, Ltd., IASF S.p.A., Arcsel LLC and Corodur Fülldraht GmbH. Company profiles include parameters such as company overview, company headquarters, key competitors, product portfolio, key end-users, financial overview, business strategies and recent developments.

Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities. Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings, internal and external proprietary databases, and relevant patent, regulatory databases, national government documents, statistical databases and market reports, news articles, press releases and webcasts specific to companies operating in the market. Secondary research sources referred for the study of welding consumables are Welding Design website, Total Materia, company websites, investor presentations and annual reports of companies.

Drill Collar Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020

Oil and gas industry is experiencing a boom from several years. Increasing energy demand coupled with the increasing oil prices has made this an attractive market for investing companies. Oil and gas exploration and production companies are investing heavily to increase the production and meet the energy demand. This boom has resulted in the increase in revenue for oilfield services market. Drilling collar is rental equipment and is used during the drilling of a well. The number of well being drilled is increasing every year and so as the demand of drilling collar.

A drill collar is a thick walled tubular pipe made from solid bars of steel. The material used to make a drill collar is generally plain carbon steel but sometimes various alloys are used such as non magnetic nickel copper alloys and other non-magnetic premium alloys. The bars of steel used to make are drilled from one end to another so as to allow drilling mud to pass through it. Drill collars are screwed together along with other downhole equipments or tools to make a bottom hole assembly. During drilling a well, a drill collar is used in drilling string and is an important part of the bottom hole assembly (BHA). Drill collar is primarily used in drill string to apply downward force on the drill bit to efficiently break the rocks.

Drill collar market can be segmented on the basis of type into standard, spiral and square drill collar. Standard collar are about 9 meters in length and round in shape. While drilling a small diameter hole and drilling directional wells, spiral drill collars are generally used to prevent differential sticking in the bore hole. Spiral drill collar also enable the circulation of drilling fluids at all the time. Squared drilling collars find application in vertical drilling and enable use of minimal clearance in bottom hole assembly. North America is expected to be the market leader in the drill collar market. However, Latin America is expected to be a potential market due to increased drilling activities in the region.

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Increasing drilling activities across the world is driving the drill collar market. Shale gas boom in North America has resulted in the drilling of a large number of vertical and directional wells. Many more wells will be drilled during the forecast period creating a demand for oilfield services market and ultimately boost the drill collar market. Drilling activities in Latin America and West Africa are increasing due to huge investments in deep and ultra deep water reserves which show a huge potential for oil production for oil and gas companies. Most of the offshore deep and ultra deep water is untouched as most of the companies were restricted to shallow water reserves. Also shale gas production has not started in any regions except North America. These untapped reserves provide a huge opportunity for oil and gas industry during the forecast period and ultimately strengthen the drill collar market.

Some of the key players in the drill collar market are National Oilwell Varco, Aliron Tool Research, Challenger International Inc., Command Energy Services Ltd., Downhole Oil Tools, Inc., Drilling Services Limited, Global Drilling Solutions Inc., Goldenman Petroleum Equipment Co. Limited, Oillfield Services & Supplies Pte Ltd., Deep Drill Supply Group, Workstrings International, Tianhe Oil Group and Weatherford International among others.

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Rainwater Harvesting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Rainwater Harvesting Market: Overview

Countries all across the globe are realizing the pronounced need to save water as the world faces a severe water crisis. Reasons for this are plenty, including the rapidly depleting sources of water available presently, the mounting global population, and the flourishing industrial sector, and infrequent rainfalls. Finding ways to effectively manage and conserve rainwater, as it is the only way of receiving natural water, has thus become imperative for the world. The scenario has led to an increased focus on the field of rainwater harvesting in the past few decades as it is one of the most effective methods of water conservation and management. Countries across the globe are ramping up efforts to effectively harvest rainwater to provide their populations and industries with sustainable supply of water.

Rainwater harvesting involves many techniques of collecting and storing rainwater at surface or sub-surface formations, before the water is lost as surface run off. The collected water can be used in times of need later on.

This report on the global rainwater harvesting market presents an extensive picture of the past and present status of the market with the help of thorough qualitative and quantitative data pertaining to key market segments. The report gives actionable forecast regarding the growth prospects of major market elements. Information thus included in the report provides readers an easy understanding of the growth opportunities and threats of the market. An overview of regulatory factors at play in deciding the overall growth of the rainwater harvesting market has also been included in the report.

Global Rainwater Harvesting Market: Drivers

The major drivers of the global rainwater harvesting include the pressing need for overcoming the rising scarcity of surface water and the rising demand for clean water; arresting the declining levels of ground water; and increasing the infiltration of rainwater into subsoil, which has drastically declined in urban areas as open areas are being rapidly paved up.

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The high applicability of harvested rainwater across industrial, domestic, and agricultural sectors is also a major driver of the global rainwater harvesting market. The trend of recharging groundwater artificially with the help of rainwater harvesting is also gaining increased popularity and is significantly boosting the global rainwater harvesting market.

Global Rainwater Harvesting Market: Segmentation

The two key types of rainwater harvesting processes include roof-based harvesting and land-based harvesting. The major end users and practitioners of rainwater harvesting can be segmented into three major categories: Industrial, commercial, and domestic. Of these, the commercial sector is currently the leading contributor to the global rainwater harvesting market and is expected to dominate the market over the forecast period as well. As commercial infrastructure such as office buildings, hospitals, and commercial building complexes have huge roofs, they can collect large quantities of water that can be harvested with proper management and storage systems.

Rising awareness regarding the issue of water scarcity is motivating developers of commercial building spaces to install rainwater collection systems during the construction of the building itself or retrofitting such systems later in the constructions’ workable life.

Over the forecast period, the industrial sector is expected to be a major driver of the rainwater harvesting market. Companies, especially in water-intensive industries such as manufacturing, have started realizing the importance of effectively managing their water resources to keep up with increased production requirements amid infrequent water supply and uncertain water shortages.

Global Rainwater Harvesting Market: Region-wise Outlook

Of the key regional markets for rainwater harvesting examined in the report, North America is expected to emerge as the leading regional market over the forecast period. The market for rainwater harvesting in the region will benefit from stringent regulations pertaining to the proper usage of water in the industrial sector and rapid growth in urbanization and industrialization in the region. The emerging economies of Asia Pacific also present many untapped opportunities, which vendors can capitalize on to gain the lion’s share in the market. Furthermore, rapid expansion reported by the industrial and commercial sectors in this region boosts the potential of adopting innovative resource-saving schemes such as rainwater harvesting.

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