Global Fuel Cell Market Expected to reach USD 9.4 billion with CAGR of 18% by 2024

“Global Fuel Cell Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2018-2024” presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.

Top Leading Companies: SFC Energy, SolidPower GmbH, Hydrogenic Corporation, Nuvera Fuel Cells, United Technologies, AFC Energy PlC, Fuel Cell Energy, Ballard Power Systems, Bloom Energy.

This report provides a detailed analysis of the Fuel Cell market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Request a Sample Copy at: https://www.marketinsightsreports.com/reports/120484839/global-fuel-cell-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024/inquiry

Essential points covered in Global Fuel Cell Market 2018 Research are:-

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the Global Fuel Cell market?
  • What are the key market trends impacting the growth of the Global Fuel Cell market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Fuel Cell market?
  • What are the market opportunities and threats faced by the vendors in the Global Fuel Cell market?
  • What are the key outcomes of the five forces analysis of the Global Fuel Cell market?

This independent 220 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Fuel Cell market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2024.

Market Overview:

Fuel cells are devices that fuse hydrogen and oxygen electrochemically to produce heat, electricity and water. Unlike conventional batteries, fuel cells are able to generate power continuously as long as source fuel is supplied. Fuel cell is a green technology which do not burn fuel and up to three times more efficient than combustion technologies. Fuel cell system is a zero emission technology to produce electricity when hydrogen is produced from non-polluting sources. In 2015, more than 60,000 fuel cells were shipped across the globe, totaling power over 300 MW. The total megawatts (MW) shipped across the world significantly increased by 65% over 2014. Global fuel cell market growth could be attributed to several factors, such as growth in transportation and logistics sector. Several public utilities in U.S and in South Korea are installing high power, large-scale fuel cell parks. Major manufacturers of U.S such as Fuel Cell energy are exporting multi-megawatt fuel systems to South Korea, accounting for increase in shipments by 20% in 2015. In Japan, continuous growing sale of Ene-Farm residential fuel cell system, also contributing to growth of global fuel cell market. Global fuel cell market is also growing on the back of expansion of transportation sector, fuel cell vehicles were just started to enter the market in 2015 in California, parts of Europe and Japan. In U.S., fuel cell bus deployments and growth in material handling equipments (MHE), account for the growth of fuel cell shipments for transportation applications.

Market Size and Forecast:

The global fuel cell market accounted for USD 2.5 billion in 2015 owing to increased shipments across the globe and rising market of fuel cell powered electric vehicles. Global fuel cell market is projected to expand at a compound annual growth rate of 18% over the forecast period i.e. 2016-2024 and expected to reach USD 9.4 billion by the end of 2024.
North-America fuel cell market dominated the global fuel cell market with more than 50% revenue share in 2015. Fuel cell manufacturers in North-America shipped fuel cell more than 150 MW across the globe, accounting 30% more than shipments from Europe and Asia-Pacific. Apart from large-scale stationary fuel cell systems, shipments also include fuel cell units for telecommunication backup systems and material handling equipments, exported to Korea, Japan, and some other countries. North-America is closely followed by the Asia-Pacific region with more than 35% market share in global fuel cell market. In 2015, Asian shipments also witnessed significant growth with more than 100 MW shipments in 2015. The growth is attributed to the growing shipments of electric fuel cell vehicles of Toyota and Hyundai, coupled with stationary fuel cell systems from Japan and Korea. Europe is also expected to achieve significant growth on the back of growing sales of fuel cell powered electric vehicles, with major share of Germany in the region.

Market Drivers and Challenges:

Growing environmental concerns and favorable incentives from government of several countries across the world for the development and adoption of fuel cell vehicle is one of the major growth factor for global fuel cell market. U.S. Environmental Protection agency (EPA) regulations to curb the green house gases and policies like Clean Air Act may shift the focus of automotive manufacturers towards fuel cell technology over conventional sources to reduce carbon monoxide emission. Hyundai and Daimler are some major players in fuel cell electric vehicles (FCEV) market. Government of South Korea and Japan also providing subsidies up to USD 20,000 for purchasing of fuel cell electric vehicles. Major market player are adopting business strategies to expand their business through mergers with other business or by acquisitions. In 2015, major players such as Canada-based Ballard Power Systems acquired U.S. based Protonex Technology Corp. in 2015. NEL ASA, Norway based clean fuel energy company, acquired a Denmark-based hydrogen refueling stations manufacturer for USD 65.7 Million in 2015. Also, some companies expanded their businesses operation in the past few years. For instance, fuel cell developer PowerCell based in Sweden established a new branch in Germany, fuel cell manufacturer FuelCell Energy expanding its business that will increase the supply of fuel cells into the European market and manufacturing capacity. Developing infrastructure in various countries to provide hydrogen filling facilities for public is expected to raise the demand for fuel cell powered vehicles. The numbers of hydrogen stations are increasing significantly across the globe, reached more than 54 new hydrogen stations opened in 2015. Japan lead the way with more than 28 new fuel stations, Europe with 19 and 7 hydrogen station in United States. In 2016, 64 new hydrogen filling stations were opened in Europe with 34 of those located in Germany. However, high initial investments and high cost of fuel cell electric vehicles are expected to hinder the growth of global fuel cell market.

Browse Full Report at:  https://www.marketinsightsreports.com/reports/120484839/global-fuel-cell-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Global Fuel Cell Market Report covered insights of below mentioned regions:

– North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
-Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
-Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
-Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market —Size, Growth Analysis and Opportunity Analysis}
-Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
-Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

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.

About us:

MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Industrial Water Purifier Market Anticipated to grow at a CAGR of 6.71% by 2024

 “Global Industrial Water Purifier Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2018-2024” presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.

Top Leading Companies: GE Water, Lenntech, Culligan Industrial Water Systems, Kraissl Company, Inc., Syntec Corporation, AXEON Water Technologies, Aquatech International, Evoqua Water Technologies.

This report provides a detailed analysis of the Industrial Water Purifier market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Request a Sample Copy at: https://www.marketinsightsreports.com/reports/120484851/global-industrial-water-purifier-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024/inquiry

Essential points covered in Global Industrial Water Purifier Market 2018 Research are:-

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the Global Industrial Water Purifier market?
  • What are the key market trends impacting the growth of the Global Industrial Water Purifier market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Industrial Water Purifier market?
  • What are the market opportunities and threats faced by the vendors in the Global Industrial Water Purifier market?
  • What are the key outcomes of the five forces analysis of the Global Industrial Water Purifier market?

This independent 150 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Industrial Water Purifier market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2024.

Market Overview:

Global industrial water purifier market is one of the emerging markets in developing nations across the globe. Rising number of chemical manufacturing industries in emerging economies such as China, India, and others is increasing the contamination of water. Only 4% of fresh water is available on earth and water purification is needed to resolve the health issues such as diarrhea, cholera, and jaundice caused due to usage of contaminated water. Many water bodies are getting contaminated due to discharge of chemicals and wastes from industries. In 2015, as per World Health Organization (WHO) nearly 14,000 deaths are recorded every year due to polluted water. Government is taking initiatives to reduce the hazardous waste in water bodies and introducing strict policies for the industries. For all manufacturing and utilities industries, discharge of quality water to keep the ecosystem safe is a biggest challenge. This is increasing the adoption rate of efficient water purifiers by industries and driving the growth of industrial water purifier market across the globe. Water companies of England and Wales invested USD 170.0 billion to enhance the water purification infrastructure to improve the water quality and to keep ecosystem clean. In June 2014, The Orange County Water District (OCWD), California, implemented modular membrane system for groundwater replenishment. The adoption of modular membrane system expanded the microfiltration capacity by 44 million gallons per day. This has bought countable changes in industrial water purification and thus boosted the demand for industrial water purifiers.

Market Size and Forecast:

Industrial filtration primarily focuses on removal of unwanted raw materials from water which is being discharged in an environment. The global industrial filtration market is projected to reach value of USD 37.78 billion by the end of 2024 and is expected grow at a CAGR of 6.23% over the period of 2016-2024. Industrial filtration can be categorized into two segments i.e. liquid filtration and air filtration where liquid filtration accounted for 80% of total industrial filtration market share in 2015. Rising demand of liquid filtration is driving the market for industrial water purifiers across the globe. The global industrial water purifier market is anticipated to grow at a CAGR of 6.71% during the forecast period of 2016-2024.

Approximately 70% market share of global industrial water purifier market is occupied by R.O. purifiers in 2016 and is expected to dominate the market over the time period of 2016-2024. Reverse osmosis (R.O.) can reduce up to 97-98% dissolved materials from water with the application of semi permeable membrane and considered as one of the most effective process in water treatment. Continuous advancements in membrane technology are driving the adoption rate of RO industrial water purifiers. However, ultraviolet water purifiers are gaining traction due to its ability to kill pathogenic organisms. UV industrial purifiers use non-chemical method for the treatment of water which is the key boosting factor for wide acceptance of UV industrial purifiers across the globe. UV industrial purifiers accounted for nearly 25% of global market share of industrial water purifiers in 2016 and are expected to reach 30% by the end of 2024. Food & Beverage industry occupies nearly 65% share of global UV industrial purifiers due to its effective treatment of water with less time. Pharmaceutical industry is also inclining towards the adoption of UV industrial water as it provides high accuracy which can easily meet the environmental standards.

Asia-Pacific region is expected to dominate the global industrial water purifier market over the forecast period i.e. 2016-2024 and accounted for 28% market share in 2016. Developing economies such as China and India has high level of water pollution. More than 80% of water is contaminated in China even tap water is not safe to drink. In 2015, Chinese government has amended 300 environmental regulations & standards for industrial discharge. These initiatives are increasing the adoption rate of advanced industrial purifiers to meet the environmental standards. Rising awareness towards hygiene and health and strong government policies are likely to boost the growth of Asia-Pacific industrial water purifier market over the next five to six years.
Industrial water purifier market is expected to witness significant growth in North America region. North America industrial water purifier market is anticipated to reach value of USD 6.09 billion by the end of 2024 and expected to expand at a CAGR of 4.65% over the forecast period. In North America, nearly 52% chemicals are mainly used for purifications and treatments in industries. However, North America is the dominating market for industrial water purifiers with 35% of total market share in 2016. Expansion of food & beverages, pharmaceuticals and energy sector is the major reason behind the rising demand for industrial water purifiers.

Water abstraction rate is over 40% in Europe, however only 20% of total secondary and tertiary sewage treatment plants. Only 65% of water is receiving water treatment before being discharged to the environment. The Netherlands and Luxembourg has approximately 98% of population who are connected with water treatment plants. Although growing industrialization and awareness about water borne diseases is propelling the growth of Europe industrial water purifier market.

Market Drivers and Challenges
Processed water coming out from purifiers is free from bacteria, chemicals and other materials which make it safer to use. Government is also trying to create awareness about hygiene and health hazards caused due to contaminated water. These factors are likely to increase the adoption rate of water purifiers in manufacturing and power generation industries. Development in membrane technology is enhancing the industrial water treatment market which is simultaneously increasing demand for industrial water purifiers. Membrane bioreactors technology which is using micro and nanofiltration methods are used prominently in water treatment industries. These improvements in membrane technology are making water treatment more efficient and cost effective. Utilities industries such as oil & gas and mining sectors prefer low cost efficient water purifiers. This is one of the key factors which are majorly driving industrial water purifier market globally. Rising urban population is creating awareness among consumer to prefer safe water which is decreasing the rate of compromising with standard discharge from industries. Growing need of recycling and water treatment market is up surging the demand of industrial water purifiers across the globe.

Browse Full Report at: https://www.marketinsightsreports.com/reports/120484851/global-industrial-water-purifier-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024  

Global Industrial Water Purifier Market Report covered insights of below mentioned regions:

– North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
-Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
-Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
-Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market —Size, Growth Analysis and Opportunity Analysis}
-Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
-Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

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.

About us:

MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Connect with us on:

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IoT In Energy Sector Market Anticipated to Surpass USD 23.0 billion with CAGR of 17.8% by 2024

“IoT In Energy Sector Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2018-2024” presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.

Top Leading Companies: Alcatel-Lucent, SAP Se, General Electric, Cisco Systems Inc., Microsoft, Hewlett-Packard, IBM, Accenture PLC, Symboticware, Inc., Wind River Systems, Inc.

This report provides a detailed analysis of the IoT In Energy Sector market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Request a Sample Copy at: https://www.marketinsightsreports.com/reports/120484855/global-iot-in-energy-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024/inquiry

Essential points covered in Global IoT In Energy Sector Market 2018 Research are:-

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the Global IoT In Energy Sector market?
  • What are the key market trends impacting the growth of the Global IoT In Energy Sector market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global IoT In Energy Sector market?
  • What are the market opportunities and threats faced by the vendors in the Global IoT In Energy Sector market?
  • What are the key outcomes of the five forces analysis of the Global IoT In Energy Sector market?

This independent 210 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the IoT In Energy Sector market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2024.

Furthermore, the report provides a detailed analysis of the Global IoT In Energy Sector market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

Market Overview:

Companies in energy sector facing various challenges regarding the skilled labors, increasing operational costs, environmental regulatory and skilled workforce. To reduce the challenges and to improve efficiency of energy sector companies started to implement internet of things (IOT) to change the way we consume, generate, transmit and distribute energy for the connected-era. IOT systems helps in collecting data from the internet connected devices in the IOT network of energy sector which can be used to improve productivity, developing innovative services and real-time decision making and can help in solving critical problems. IOT in energy sectors consist of implementation of various software and devices embedded with sensors to collect data and provide real-time information which enhance the productivity and efficiency. Increasing demand of cutting-edge technologies to cope up with the competition and penetration of internet are the key growth factors for the global IOT in energy sector market.

IoT technology is also useful to monitor remote workers to cop up with the increasing safety concerns. Growing demand for energy and power in the fast developing countries due to growing urbanization and rapid pace infrastructural development significantly fueled the need for IOT to provide efficient services and use of resources more efficiently.

Market Size and Forecast:

Global IoT in energy sector market accounted for USD 7.3 billion in 2016 which is expected to expand at a compound annual growth rate of 17.8% over the forecast period i.e. 2016-2024. Further, the market is anticipated to surpass USD 23.0 billion by the end of 2024 owing the rising need for sustainable extraction of natural resources and production of energy.
Geographically, Asia Pacific accounted for the highest revenue share in global IoT in energy sector market in 2016 with China dominating the region with more than 16% market share in global IoT in energy sector closely followed by Japan with 6% market share. Asia Pacific region is closely followed by the North America with more than 22% revenue share in global IoT in energy sector market. Europe IoT market in energy sector is at relatively embryonic stage and expected to accelerate as Europe investment in IoT increases. Currently, the U.K market has captured only 2% of the global IoT in energy sector market share.

Market Drivers and Challenges:

Rapid urbanization bolstered the power requirement and to provide sustainable and efficient power supply, IoT technology is playing an important role. It is estimated that by 2020 more than 5.4 million IoT sensors, devices & systems will be implemented on oil extraction sites to track and measure environmental performance and efficient productivity. The growing deployment of IoT technology in energy sector for efficient and sustainable production is significantly driving the growth of global IoT in energy sector market. Government initiative to conserve energy resources also fueled the demand for IOT in energy sector. Concept of smart cities boosting the growth of IoT in energy sector by ensuring the efficient usage of electricity, to self heal the faults, to conserve energy and for the safety of consumers.

However, the challenges regarding the data security and privacy anticipated to affect the growth of IOT industry adversely. Issues related to longevity of the devices and compatibility with changing time and needs can hinder the growth in coming future. However, increasing number of connected devices and users, company face challenges regarding interoperability, data privacy and security.

Browse Full Report at: https://www.marketinsightsreports.com/reports/120484855/global-iot-in-energy-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Global IoT In Energy Sector Market Report covered insights of below mentioned regions:

– North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
-Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
-Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
-Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market —Size, Growth Analysis and Opportunity Analysis}
-Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
-Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

The report provides a basic overview of the IoT In Energy Sector industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on Global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the IoT In Energy Sector industry development trends and marketing channels are analyzed.

The research includes historic data from 2013 to 2017 and forecasts until 2024 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of IoT In Energy Sector on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of IoT In Energy Sector Market and assist manufacturers and investment organization to better grasp the development course of IoT In Energy Sector 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.

About us:

MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

+1 (704) 266-3234 | mail to:  http://sales@marketinsightsreports.com

Connect with us on:

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https://www.facebook.com/Marketinsightsreports/

https://twitter.com/MIRresearch/

Smart Grid Market Anticipated to Reach USD 86.6 billion with a CAGR of 13.15% by 2024

 “Smart Grid Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2018-2024” presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.

Top Leading Companies: General Electric Company, Synopsis, Business Strategy, Product Portfolio, SWOT Analysis, Siemens AG, Itron, Inc., ABB Ltd, Eaton Corporation Plc, IBM Corp, Cisco Systems.

This report provides a detailed analysis of the Smart Grid market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Request a Sample Copy at: https://www.marketinsightsreports.com/reports/120484888/global-smart-grid-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024/inquiry

Essential points covered in Global Smart Grid Market 2018 Research are:-

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the Global Smart Grid market?
  • What are the key market trends impacting the growth of the Global Smart Grid market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Smart Grid market?
  • What are the market opportunities and threats faced by the vendors in the Global Smart Grid market?
  • What are the key outcomes of the five forces analysis of the Global Smart Grid market?

This independent 220 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Smart Grid market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2024.

Furthermore, the report provides a detailed analysis of the Global Smart Grid market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

Market Overview:

Emerging digitalization is becoming highlighting factor for deployment of modernized equipments and technologies in energy sector. Loss of revenue due to defects in grid and energy distribution and metering is creating huge business opportunities for smart grid component manufacturers, installers and service providers. Rising power generation sector and swelled energy consumption is awakening the need of smart grids across the globe. Transmission and distribution (T&D) equipment, smart grid information communications technologies (ICT), and energy storage are three sub sectors for smart grid products and services. According to Goldstein Research, smart grids have potential to save energy worth over USD 40.1 billion in one year.Automation and smart technologies is enhancing the market for information communication technologies (ICT) and deployment of smart meters that helps in increasing the efficiency of power grids. Smart meter is the major innovation which is proved as an efficient tool for energy conservation. Nearly, USD 14.0 billion was invested in smart meters deployment across the globe in 2016. Over 40% of Americans are using smart meters at their homes. Smart grids are using new technologies to manage the power generation and distribution and reducing the carbon emissions. More than 60% of worlds population is expected to live in cities by the end of 2024 which is supporting the need for smart network distribution. Rising urbanization is also one of the key factors which are propelling the market for smart grid.

Deployment of renewable energy i.e. solar and wind is surpassing the other power sources but interconnection of these power sources is a challenge for energy sector. Smart grids are embracing the utilities sector by maintaining grid infrastructure efficiently and increased power generation. Rising penetration of renewable power source is boosting the demand for energy storage and its solutions. Globally, nearly 700 MW energy storage project were commissioned in 2016 and over 700 grid-scale energy storage projects were recorded in 2012. Frequency of regulations and policies in countries such as the U.K., United States and Korea is driving the demand for deployment of energy storage projects. United States and Canada is expected to generate 45% of total energy storage revenue by the end of 2024 which is likely to strengthen the smart grid market in North America region.

Traditional power grids were incapable of supporting integration of renewable energy. In September 2012, ABB announced to introduce worlds first completely integrated solar power generation plant regulator and smart grid. Rising demand for efficiency and energy conservation is increasing the funding for smart grid and energy efficiency sector. In 2015, total funding for smart grid was valued nearly USD 400 million and for energy efficiency the funding raised over USD 800 million.

Market Size and Forecast:

Global smart grid market is anticipated to reach a value from USD 32.4 Billion in 2015 to USD 86.6 billion by the end of 2024, at a CAGR of 13.15% over the forecast period i.e. 2016-2024. Adoption of smart grid technology in developed nations such as U.S., Germany, Japan, Australia and others are up surging the growth of global smart grid market.
Geographically, North America region is the dominating region in global smart grid market and expected to maintain its dominance by generating a market share of more than 35% by the end of 2024. In 2012, United States invested USD 4.3 billion in smart grid projects. In 2012, over 35 million smart meters were installed in American households. The United States generates 20% of power from nuclear energy whereas coal contributes 46% of power and renewable power sources such as wind and solar generates nearly 5% of power.

Europe is expected to showcase a stagnant growth of smart grid market due to currency devaluation and economic crisis. Europe smart grid market is projected to grow at CAGR of 8.21% during the forecast period of 2016-2024. Countries such as Germany, the U.K., France and Italy are expected to provide significant contribution in smart grid market. Shipments and deployment of smart meters in Germany, France and the U.K. is bolstering the demand for smart grid solutions in European Union. Europe has invested nearly USD 2.0 billion in smart network management and smart homes in 2015. Germany is the leading country in developing smart grid projects followed by France and Denmark However, smart metering still experiencing less investments across Europe.

Asia-Pacific region is expected to dominate the global market of smart grid. Rising R&D investments in energy sector and government policies to utilize energy resources in countries such as China, India, Japan and Korea are fostering the demand for smart grids in the region. The number of smart meters recorded in China is nearly doubled the households in United States. In 2013, China and United states were accounted for over 50% of global smart grid investment. In 2016, as per International Trade Administration (ITA), India ranked 4th in global ranking of smart grid followed by Australia, Korea and Japan. China is planning to invest nearly USD 600 billion in transmission infrastructure out of which USD 100 billion will be invested for smart grid technology by the end of 2020.

Latin America region is expected to experience significant growth in smart grid market due to rising automation in utilities and manufacturing sector. Latin America has invested USD 400 million in smart grid technology in 2012. In 2016, Mexico ranked first in global smart grid ranking and transmission and distribution (T&D) equipment given by the International Trade Administration (ITA). However, Brazil invested USD 240 million in 2010 and is expected to increase the investment in smart grid technology. Rising investment for the adoption of smart grid technology further opens the door for global smart grid business players to explore growing regions.

Market Drivers and Challenges:

Emerging technologies are considered as a major driving factor for smart grid. Smart grid is capturing telecommunication and energy sector and witnessing significant investment in smart grid technologies and solutions. Optimized distribution of generated power is increasing the efficiency of power grid. Deployment of advanced sensors and two way communication networks is helping in remote monitoring and multiple supports for renewable power sources. Smart meter is drastically changing the market for smart grid by efficient monitoring of energy consumption. Distribution of power without any external disturbance is also increasing the demand for smart grid distribution network. Political and environmental factors are rapidly driving the demand for smart grids. Smart grid can reduce 25% air pollution in energy sector. Countries such as United States and India have major power generation from coal. This is a major opportunity for key players to implement the smart grid technology in renewable power sources which will reduce the environmental pollution and enhance the sustainable development.

However, security is the major concern in acceptance of smart grid across the globe. In 2016, over 60% of cases were recorded for cybercrime occurred in energy sector. In 2015, U.S. power grid was hacked. This privacy issue related with protection of energy and data is restricting the smart grid market. Present grid infrastructure is inefficient thus huge investment is required to build up secure smart grid network. Also, grid operation activities such as monitoring and controlling require large initial spending. These are some of the major factors which are prohibiting the acceptance of smart grid across the globe. Lack of awareness and government funding is a key challenge restraining the growth of global smart grid market. This is creating a new business opportunities for key players of smart grid to introduce smart grid cyber security solutions.

Browse Full Report at: https://www.marketinsightsreports.com/reports/120484888/global-smart-grid-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Global Smart Grid Market Report covered insights of below mentioned regions:

– North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
-Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
-Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
-Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market —Size, Growth Analysis and Opportunity Analysis}
-Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
-Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

The report provides a basic overview of the Smart Grid industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on Global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Smart Grid industry development trends and marketing channels are analyzed.

The research includes historic data from 2013 to 2017 and forecasts until 2024 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Smart Grid on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Smart Grid Market and assist manufacturers and investment organization to better grasp the development course of Smart Grid 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.

About us:

MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Liquefied Natural Gas Market Global Briefing 2018 to 2021

Liquefied Natural Gas

“Global Liquefied Natural Gas Market Research Report 2018” provide a detailed analysis of global LNG market with analysis of market size and growth. The analysis includes market size in terms of trade volume, demand, and LNG export and import market share by country.

The report provides brief regional analysis of Middle East, JKT (Japan, Korea and Taiwan), China-India, Europe and Americas. Regional analysis include market sizing in terms of export, import and demand. The Middle East has been the largest exporting region over the past few years and is expected to remain the largest exporter of LNG globally.

The report also profiles top key market players such as ExxonMobil Corporation, Royal Dutch Shell, BP Global, Chevron Corporation, On the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

This report provides a detailed analysis of the Liquefied Natural Gas market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Request a Sample Copy at: https://www.marketinsightsreports.com/reports/071316638/global-liquefied-natural-gas-lng-market-size-trends-forecasts-2017-2021/inquiry

Essential points covered in Global Liquefied Natural Gas Market 2018 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the Global Liquefied Natural Gas market?
  • What are the key market trends impacting the growth of the Global Liquefied Natural Gas market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Liquefied Natural Gas market?
  • What are the market opportunities and threats faced by the vendors in the Global Liquefied Natural Gas market?
  • What are the key outcomes of the five forces analysis of the Global Liquefied Natural Gas market?

This independent 74 pages report guarantees you will remain better informed than your competition. With over 170 tables and figures examining the Liquefied Natural Gas market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Furthermore, the report provides a detailed analysis of the Global Liquefied Natural Gas market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

Order a Copy of This Report (USD $800) at: https://www.marketinsightsreports.com/report/purchase/071316638?mode=su

Natural gas is one of the safest, cleanest and most used form of energy which gives both heat and light. Natural gas is hydrocarbon which means it is made up of compounds of hydrogen and carbon, containing seventy to ninety percent methane in most cases. It can be used as fuel in many sectors as; transportation, industrial, agricultural, and a raw material for petrochemical industry. There are three forms of natural gas: pipe natural gas, natural gas for vehicle (NGV) and liquefied natural gas.

LNG is a clear liquid which forms when natural gas is cooled to -162C (-260F). The cooling process shrinks the volume of the gas 600 times, making it easier and safer to store and ship LNG is produced at the so-called liquefaction facilities (plants), following which it can be transported in special cryogenic tanks: sea tank ships or tank cars. It enables rapid delivery of gas to the areas located far from the gas trunk lines.

The global LNG trade volume has increased over the years and projections are made that the market would rise in the next five years i.e. 2017 to 2021 at a rapid pace. Major factors contributing in the increasing trade volume of LNG are startup of several new projects in Australia and Indonesia, rapid economic growth especially of emerging economies, and rising demand for environmentally cleaner fuels etc.

In the forecasted period, market would be pushed by increase in LNG exports, lower shipping cost, technological advancements and access to new markets etc. In spite of high growth in trade volumes of LNG, market is still facing some challenges that are obstructing the growth of the global LNG market. Challenges faced by LNG industry are supply and demand imbalance, lower LNG prices, competition from fossil fuels and renewable energy and emergence of regional trade etc.

Browse Full Report at: https://www.marketinsightsreports.com/reports/071316638/global-liquefied-natural-gas-lng-market-size-trends-forecasts-2017-2021

The report provides a basic overview of the Liquefied Natural Gas industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on Global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Liquefied Natural Gas industry development trends and marketing channels are analyzed.

The research includes historic data from 2012 to 2017 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Liquefied Natural Gas on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Liquefied Natural Gas Market and assist manufacturers and investment organization to better grasp the development course of Liquefied Natural Gas 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.

About us:

MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

+1 (704) 266-3234 | mail to:  http://sales@marketinsightsreports.com

Connect with us on:

https://www.linkedin.com/company/13411016/

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Coal, Lignite, And Anthracite Mining Market Analysis 2018

Global Coal, Lignite, And Anthracite Mining Market Research Report 2018-2021 provides an in-depth analysis of the Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa appraisal market by value, by volume, by segments, by number of AMCs, appraiser’s tenure, etc. The report also gives an insight of the Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa addressable appraisal market opportunity.

On the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

This report provides a detailed analysis of the Coal, Lignite, And Anthracite Mining market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Request a Sample copy of this report at: https://www.marketinsightsreports.com/reports/120484502/coal-lignite-and-anthracite-mining-market-global-briefing-2017-including-coal-mining-lignite-mining-and-anthracite-mining-covering-coal-india-limited-shenhua-group-china-coal-energy-co-ltd-anglo-american-plc-bhp-billiton-ltd-yanzhou-coal-mining-company-ltd-alpha-natural-resources-rio-tinto-group-inner-mongolia-yitai-coal-co-ltd-pt-adaro-energy-tbk/inquiry

Essential points covered in Global Coal, Lignite, And Anthracite Mining Market 2018 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Coal, Lignite, And Anthracite Mining market?
  • What are the key market trends impacting the growth of the global Coal, Lignite, And Anthracite Mining market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Coal, Lignite, And Anthracite Mining market?
  • What are the market opportunities and threats faced by the vendors in the global Coal, Lignite, And Anthracite Mining market?
  • What are the key outcomes of the five forces analysis of the global Coal, Lignite, And Anthracite Mining market?

This independent 29 pages report guarantees you will remain better informed than your competition. With over 190 tables and figures examining the Coal, Lignite, And Anthracite Mining market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2021.

Furthermore, the report provides a detailed analysis of the global Coal, Lignite, And Anthracite Mining market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Coal, Lignite, And Anthracite Mining market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Coal mining industry primarily covers mining of bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal, including cleaning, washing, screening, and sizing of coal.
This industry is further classified as follows-
Bituminous Coal And Lignite Surface Mining, Bituminous Coal Underground Mining, and Anthracite Mining.

Asia Pacific was the largest region in the coal, lignite, and anthracite mining market in 2016, accounting for around 70% of the market. This was mainly due to large population and manufacturing activities in the region, thereby having high coal demand for power generation, and steel and cement production. According to World Coal Association, China, India and Japan burn around 71% of the world�s fresh coal mined. Western Europe was the second largest region accounting for around 9% of the market. Middle East was the smallest region accounting for less than 1% of the market. This can be attributed to the limited population and the availability of other energy sources such as oil.

Coal mines are prone to hazards and mining companies are increasingly focusing on technologies to prevent accidents and improve the safety of miners. Government regulations, and health and safety standards developed by international mining groups also promote efficient safety practices. Some of the reasons for the occurrence of accidents in mining include ineffective drilling, blasting, loading and hauling, leaking out of poisonous methane gas, coal dust, and machinery collisions.

Companies Mentioned are Coal India Limited, ShenHua Group, China Coal Energy Co Ltd, Anglo American plc, BHP Billiton Ltd, Yanzhou Coal Mining Company Ltd, Alpha Natural Resources, Rio Tinto Group, Inner Mongolia Yitai Coal Co., Ltd, PT Adaro Energy Tbk

Browse Full Report at: https://www.marketinsightsreports.com/reports/120484502/coal-lignite-and-anthracite-mining-market-global-briefing-2017-including-coal-mining-lignite-mining-and-anthracite-mining-covering-coal-india-limited-shenhua-group-china-coal-energy-co-ltd-anglo-american-plc-bhp-billiton-ltd-yanzhou-coal-mining-company-ltd-alpha-natural-resources-rio-tinto-group-inner-mongolia-yitai-coal-co-ltd-pt-adaro-energy-tbk

The Coal, Lignite, And Anthracite Mining market is expected to increase due to growth in GDP per-capita, international tourism, etc. Yet, the market faces some challenges such as, global economic downturn, high probability of terror attack, etc. The global Coal, Lignite, And Anthracite Mining market is expected to grow at a healthy rate during the forecast period (2018-2021). The growth is expected on account of many factors, such as an increase in disposable income, increasing international inbound and outbound tourism and aging demography.

However, the market also faces some challenges, which includes increase in the number of terror attacks, heavy taxes imposed on the tour operators and seasonality dependence. Digital travel, evolution of eco-tourism and rise of adventure tourism are some of the latest trends in the global Coal, Lignite, And Anthracite Mining market.

The report provides a basic overview of the Coal, Lignite, And Anthracite Mining industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Coal, Lignite, And Anthracite Mining industry development trends and marketing channels are analyzed.

The research includes historic data from 2014 to 2017 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Coal, Lignite, And Anthracite Mining on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Coal, Lignite, And Anthracite Mining Market and assist manufacturers and investment organization to better grasp the development course of Coal, Lignite, And Anthracite Mining 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.