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Wind energy is classified as one of the renewable source of energy present in abundance. The process of transforming kinetic energy into electrical energy is known as harnessing wind energy. Wind turbine automation is the procedure of setting up an intelligent system using computer that controls the functioning of turbines and observing the failures, improving the performance of wind turbine by controlling the motion of turbine and magnifying the conversion of energy. The wind turbine automation can be totally integrated or can be applied in any particular component of the wind turbine, including interior of the nacelle. There is a rising demand for automated wind turbines to safeguard the overall infrastructure of wind turbine and gain optimum output. By achieving wind turbine automation, the effectiveness to harvest wind energy will increase and reliance on conventional non-renewable and exhaustible sources such as coal, oil etc. 

The advantage of wind turbine automation are reliability, efficiency of wind turbines, safety, higher rate of conversion of energy, magnified permanence of components of wind turbine, economy scale and decreased failure of accidents during installation  and maintenance. Although, the investment in the initial period and replacement cost of conventional setup is accompanied with the automation of wind turbine is costly. The mechanical advancements in the initial phase requires more time to develop. 

The global wind turbine automation market is expected to witness a double digit CAGR over the foreseeable years (2015-2023) because of rise in consumption of wind energy as a renewable resource. The major driving factors affecting the rise in global wind turbine automation market are – decrease in natural resources, growing attempts by governments for harvesting wind energy, increase in global warming and world- wide efforts for regulating emission of poisonous gases like carbon dioxide in atmosphere. The rise of other renewable sources like solar cells give a direct competition to wind energy. The major restrictive factors that affects the growth in wind turbine automation market is increased requirement for automation by various clients demanding the different mechanisms in the wind turbine automation market. 

The global wind turbine automation market is bifurcated based on type of automation used, type of wind farms and region. On the basis of type of wind farm, the global wind turbine automation market is segmented into offshore and onshore. Based on type of automation used, the global wind turbine automation market can be classified into PLC, SCADA, CMS and HMI. Geographically, the global wind turbine automation market can be categorized into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Current progress contains various advancements to observe and keep tracks of regularity of motion of turbines and conversion of energy to analyze data and predict future developments.Bachmann electronic Inc., GmbH, Siemens AG, ABB, and Rockwell Automation are some of the major companies of the global wind turbine automation market. The US and Germany market is more developed in terms of adopting the technology. Contrary, the South Asian market is expected to show tremendous growth in future. The rapid development in wind power market will observe consequent growth in the global wind turbine automation market. Government is massively investing in the wind energy related projects to fulfill the rapid demand for electricity. 

The energy conversion rate and productivity will be increased with the wind turbine automation. The emerging markets for wind turbine automation in future are India, China and Korea. The report gives a cumulative assessment of the world-wide wind turbine automation market and contains important facts, insights, and previous data and demographically supported and market data validated by the industry and forecasts with substantial assumptions and methods. It gives an information and analysis by categories such as type of automation system used, geography and type of wind farms.

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Waste management is considered to be a costly affair which provides negligible or very less scope for efficient return on investment. This, along with the obligatory apprehension of efficient disposal the increasing waste, is convincing municipal organizations and governmental bodies across the globe to look for relatively more cost effective methods of waste management and the waste that is accumulated across the globe. The technology of waste to diesel has appeared to be an efficient and relatively cheaper way of generating fuel from municipal waste, plastic waste, oil and fat waste. Seeing the world has tempestuous times with the fast depletion of fuel reserves, the waste to diesel industry is expected to show tremendous potential to emerge as a thriving sector. The waste to diesel market furnishes relief from the most vital urban issues by producing diesel from waste.

One of the major factors which are augmenting the growth of the global waste to diesel market include the rising demand for automotive fuel. Apart from this, the rapidly increasing prices of fuel is further providing considerable opportunities for growth of the global waste to diesel market. In addition, the total waste generated across the world; if properly harnessed into energy can support more than one tenth of the global fuel and energy demands.

Additionally, rising concerns regarding effective disposal of waste especially in big cities, wherein billion tons of waste is generated annually with nil value is increasing at a very high rate. This, however is providing the key players with excessive yet cost effective source of raw materials, allowing them to have enough money to invest in research and development activities and harness diesel at very comparable rates. Also, increasing support from the governments in harnessing waste for energy generation, rising awareness among people towards waste disposal as well as increasing shortage of fossil fuels are some of the major aspects anticipated to augment the market growth over the forecast period.

However, the method of waste to diesel is a time consuming process which may create challenges in the growth of the global waste to diesel market. With the rising number of automobile manufacturers concentrating on manufacturing environment friendly vehicles, the demand for diesel is expected to decline at a steady rate in the foreseeable years.

The global waste to diesel market can be segmented on the basis of source, technology and region. Based on source, the global waste to diesel market can be bifurcated into municipal waste, oil & fat waste and plasitc waste. On the basis of technology, the global market can be classified into pyrolysis, gasification, incineration and depolymerisation. Based on geography, the market can be categorized into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Some of the major players operating in the global waste to diesel market include Foster Wheeler A.G., Covanta Energy Corp.,  Green Alliance, Plastic2Oil Inc., Ventana Ecogreen Inc., Klean Industries Inc., Alphakat, American Renewable Diesel, LLC and Solena Group among others.


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Mixture of gases produced by breaking down any organic compound in the absence of oxygen is called Biogas. Various raw materials can be used to make biogas like, waste, manure, sewage, municipal waste, plant materials, food waste and green waste. Biogas has particularly lower carbon footprint and also it is a renewable source of energy. Biogas is produced in an easy way. Biogas is formed by anaerobic digestion using anaerobic organisms. When they digest all the organic materials which are present inside the closed system, Biogas is formed. Depending upon the formation of the anaerobic digestion process, the configuration of biogas differs. Majorly biogas is produced from the waste products that plays an important alternative for the traditional fuels.

Demand for renewable energy resources is increased due to reducing fossil fuels along with the rising population which is expected to create new opportunities for the industrial growth of Waste derived biogas market over the forecasted period. Various nations use energy crops for the production of biogas. Although, accumulated waste is considered to be the most vital raw material used in biogas production. This accumulated waste consist of sewage, industrial waste and agricultural waste. The global waste derived biogas market is bifurcated based on application, geography and type.

The key performance drivers responsible for the growth of this market is increasing awareness regarding safety of the environment and increase in the usage of fuels. Also, the investment on the initial level is high which acts as the major restraint for the progress of Waste Derived Biogas market. Increase in governmental initiatives, focus on harnessing the renewable resources and achieving the green economy and increase in non- profit organizations involved in this industry as well as rising consumer awareness towards the green and sustainable fuel sources are some of the major aspects fuelling the growth of global waste derived biogas maret.  An average Municipal Biogas plant may cost as much as $19000/kWe installed. Rapid growth in the development of infrastructure and rising energy demand in the various commercial and industrial sector, the waste derived biogas market will be primarily driven by these factors.

On the basis of application, the global waste derived biogas market can be further categorized into transportation fuel, municipal electricity production and on-site electricity production. Depending upon the geography, the global waste derived biogas market can be classified as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Depending on the type of Waste derived Biogas Market, it can be further divided into Sewage, Industrial Waste Water, Agricultural Waste and Landfill Gas.

The major players performing in the waste derived biogas market are AAT GmbH & Co., Bedminster International, General Electric Co, Waste Energy Solutions LLC., Biogas Technology Ltd., Bekon Biogas Energy, Siemens AG Cargill Inc., Environmental Energy Engineering Co., Biotech Energy AG, ADI Systems Inc., Chevron Energy Solutions,  Biogen Greenfinch, , Environmental Products & Technology Corp.

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Digital oilfield is a solution that incorporates various processes within the oilfield, beginning from initial exploration to production optimization. It incorporates the myriad amount of real time data gathered from several sensors which are set up at different processes in the oilfield through secure network solutions to remote field operators through interactive user interface consoles. Owing to fluctuating crude oil prices, digital oilfields have currently become increasingly crucial for upstream companies. Since companies are required to ensure proper utilization of available resources in an economical way in order to cut down the cost of production and exploration activities, digital oilfield is the answer to the various constraints being faced by operators around the globe. The rise in demand for oil and gas has caused the companies to move towards offshore locations in the search of hydrocarbon due to maturing onshore wells. With the progress of new offshore fields, an increase in demand for digital oilfield technologies is anticipated in the coming year.

On the basis of process, global digital oilfield market has been segmented into production optimization, drilling optimization, reservoir optimization, and others. On the basis of process, the drilling optimization is currently dominating the global digital oilfield market in the year 2016 because of its high operational costs involved in drilling process. The situation is anticipated to change however during forecast period, and the production optimization segment is anticipated to lead the global digital oilfield market in 2023, because of rising demand from filed operators, as hydrocarbon recovery rates are to be improved in the forecast period. Owing to rising offshore field development activities being undertaken in the Gulf of Mexico, North America is the largest market of digital oilfield in the world.

The global digital oil field market has been segmented into onshore and offshore on the basis of application.Based on application, the onshore segment is anticipated to grow at a faster pace. The rising acceptance of digital oilfield techniques in regions including North America and Middle-East, where the most of the oilfields are located onshore, are anticipated to drive the onshore segment in the forecast period. The digital oilfield market is segmented on the basis of solution into hardware solutions, software & service solutions, and data storage solutions. The hardware segment is anticipated to grow at a rapid rate from 2017 to 2025. The investments by oilfield operators towards process automation and technology enhancement will make it possible for the companies to eliminate optimize production, enhance control and monitoring of oil and gas eliminate non-productive times therefore driving the hardware market during the forecast period.

Some of the companies in the Digital Oilfield market are Schlumberger Limited, Halliburton, Baker Hughes Incorporated, Sinopec Oilfield Service Corporation, Honeywell International Inc, Siemens AG, National Oilwell Varco, Inc., ABB Ltd, among others. The major companies operating in the global Digital Oilfield market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.


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Data Business in Oil and Gas refers to the use of data analytics and data management software tools and related services to manage the data related to oil and gas exploration and management activities. The different types of datra associated with the oil and gas industry mainly includes the production data, well data, seismic data and other similar geological and morphological data. The rising demand of oil from different end use industries is anticipated to generate a prominent demand for data business in oil and gas industry.

The Data Business in Oil and Gass market analysis is segmented by component, oil companies, application, E&P lifecycle, and geography. By component segment, the market is segmented into Big Data, Data Management and Direct Data Monetization. The Big Data subsegment is segmented into software and service components, wherein sotware is segmented into Data Analytics, Data Collection, Data Discovery and Visualization, and Data Management and service is segmented into Consulting, System Integration,and Operation and Maintenance. The Data Management subsegment is segmented into software and service components, wherein sotware is segmented into Corporate/Enterprise Data Management, Project Data Management, and National Data Repository and service is segmented into Consulting & Planning, Integration& Implementation, and Operation & Maintenance. By oil companies segment, the market is segmented into National Oil Companies, Independent Oil Companies, and National Data Repository. By application segment, the market is segmented into Upstream, Midstream, and Downstream. The upstream sub segment is further segmented into Conventional and Unconventional applications. By E&P lifecycle segment, the market is segmented into Exploration, Development and Production. By geography, the Data Business in Oil and Gas market is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Asia Pacific amd Middle East & Africa represent the largest data business in oil and gas markets. Europe and North America are the established markets for data business in oil and gas and are expected to show average growth. Currently, China is leading the market with its developing miing and exploration sector, along with the need to provide required resources for its ever-growing population. Middle East & Africa is expected to be the fastet gowig market for data business in oil and gas industry.

Some of the companies in the data business in oil and gas market are Accenture, Datawatch, Datameer, General Electric, Drillinginfo Inc., Hortonworks Inc., Hitachi Vantara Corporation, MapR Technologies, Inc., International Business Machines Corporation, Oracle Corporation, Northwest Analytics Inc., Microsoft Corporation, Newgen Software, Inc., Cisco Systems, Inc., EMC Corporation, Capgemini S.A., SAS Institute Inc., SAP SE, Tata Consultancy Services Ltd., Halliburton, Schlumberger Limited, Informatica Corporation, National Data Repository, India, and ION Geophysical Corporation, Cloudera, Inc. among others. The major companies operating in the global Data Business in Oil and Gas market are focusing on adoption of the new technologies to further enhance their product offerings.


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Brine is a highly concentrated solution of slat, usually sodium chloride, and water. Brine Concentration Technology is used for treatment of water to remove harmful salts or water softening. The brine concentration technology widely involve different types of salts, for instance, calcium chloride, sodium chloride, calcium sulphate, to name a few.

The major reason for the growth of brine concentration technology market is the increased pressure on environmental protection by the government of major countries from Europe and North America. This is anticipated to result in prominent growth of brine concentration technology market in the years to come.

The brine concentration technology market analysis is segmented by technology, end use industry, and geography. In the technology segment, the market is segmented into High Efficiency Reverse Osmosis (HERO), Closed Circuit Desalination (CCD), Mechanical Vapor Compression (MVC), Vertical Tube Falling Film (VTFF) and Others. In the end use industry segment, the market is segmented into Oil and Gas, Food and Beverages, Paper and Pulp, Energy and Utility, Mining and Landfill, and Others. Among the technology segment, Vertical Tube Falling Film (VTFF) technology contributed the largest market revenue and is expected to continue it’s dominence during the years to come. Mechanical Vapor Compression (MVC) technology is expected to be the fastest growing segment throughout the forecast period. In the end use industry segment, oil and gas is expected to be the mojor contributor to the global brine concentration technology market and is expected to grow at a decent growth rate in the years to come. By geography, the brine concentration technology market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Germany, France, India, China, Japan, and the US represent the largest brine concentration technology markets. Europe and North America are the established markets for brine concentration technology and are expected to show average growth. Europe and North America are the leading markets in terms of revenue generation as these are the regions focused on environment protection against the harmful waste from the industries. Asia Pacific is expected to be the fastest growing market for brine concentration technology market. Currently, China is leading the market with its developing manufacturing and chemical sector, along with the need for its ever-growing population. Africa also possesses a good potential in the brine concentration technology market due to its growing mining and chemical manufacturing sector.

Some of the companies in the brine concentration technology market are Duraflow LLC, Veolia, Saltwaorks Technologies, Inc., Osmo Membrane Systems GmbH, Fluid Technology Solutions, Inc., TETRA Technologies, Inc., Oasys Water, Enviro Water Minerals Company, Memsys Water Technologies GmbH, Modern Water Plc., Advent Envirocare Technology Pvt. Ltd., and, Synder Filtration among others. The major companies operating in the global brine concentration technology market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.


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The development of new renewable energy sources is increasing, leading to reduction in the carbon emissions. Wave and tidal energy is one of such alternative sources of renewable energy satisfying the increasing energy demand. Tides and waves are two different natural occurrences of water, their ability to generate energy differs with regards to power, generation and reliability. Reducing dependency on non-renewable energy sources and advancing technologies for energy generation are explored having minimal effect on environments. The aim of development of wave and tidal energy is to reduce the carbon footprint in emerging countries and increasing government initiatives and funds is also expected to drive the market. Main factors fuelling the market growth includes the decrease of conventional power resources such as oil, coal and natural resources and rising concern regarding highly polluting nature of energy generation techniques that involve fossil fuels. 

The key opportunities for wave and tidal energy market include reduced carbon, secure electricity supply using renewable and green sources, which would result in large amount of energy creation and regional & economic development. Furthermore, increasing investments, and supportive government regulations are also expected to fuel the market growth. Growing funding from private and public sectors majorly for increasing employment generation, energy securities, economic positioning and also addressing changing climatic conditions. Key restraints, hindering the market growth are high cost of plant installation, high investment in R&D and the tidal time. The increased focus of developing countries is on power generation techniques based on eco-friendly and sustainable energy sources such as solar system, wave and tidal energy, which are appropriate non-renewable source solutions.

The global wave and tidal market is segmented on the basis of type, technology, end user and region. On the basis of type, the market is segmented as wave energy and tidal energy. The wave energy is created due to transportation of surface of ocean wave, while the tidal energy is created by universal gravitational effect of heavenly bodies such as sun and the moon on the earth. Based on the technology, the market is divided as tidal stream generator, pendulor device, oscillating water columns, barrage and others. The tidal stream generator is referred to as tidal energy converter, which is a machine that extracts energy from moving masses of water whereas pendulor device is used for running an electric generator, while oscillating water column uses a large amount of water moving in a cylinder as a piston. A big barrage is a kind of low-head rectified dam made of large gates that can be opened or closed, which control the amount of water passing through. Based on the end users, the market is segmented as residential, commercial and industrial. Industries have been involved in development of wave and tidal energy, since new design as well as manufacturing process are helping to satisfy the rising demand for clean energy Commercial as well as residential end- users mainly include the electricity generation and other operations of electric appliances 

Geographically, wave and tidal market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Asia pacific region is one of the fastest growing markets for wave and tidal energy, owing to the increasing population in the countries such as China and India. Moreover, the market is gaining traction in the region due to growing economy and rising demand for clean energy. According to tidal energy estimates projected by the National Institute of Oceanography (NIO) and IIT-Madras, in India the highest levels of tidal energy were measured at Sunderbans in West Bengal, as well as at the Gulf of Khambat and the Gulf of Kutch in Gujarat. Adding these six sites together, the tidal energy potential generated measures to 12.5GW during 2015.The prominent players in the wave and tidal energy market are Ocean Renewable Power Company LLC, Murine Current Turbines Ltd, Atlantis Resources Ltd, AquaGen Technologies, Biopower System, Kepler Energy Ltd, Maco Tidal Turbines Nova Innovation Ltd, Carnegie Wave Energy Ltd, and Tenax Energy. Other players in the market are involved into partnership with companies, merger and acquisition in an attempt to widen their technologies and advancements through research and development.

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Jun
18

The global oil storage market was estimated as 1.4 Billion cubic meters in 2016 and is expected to reach 1.8 Billion cubic meters by 2025, growing steadily with a CAGR of over 3.18% during the forecast period. Decrease in crude oil prices, increasing need for oil refining hubs, unpredictable variations in global rates of natural gases and crude oil are the factors encouraging the merchants to own fuel storage facilities and fueling the growth of oil storage market across the globe.

Decrease in the prices of crude oil is motivating several merchants to own high quality of petroleum fuel and stock them at storage facilities, so they can sell it at higher costs, when crude oil rates fluctuate or there is shortage of oil. Moreover, stockpiling large volumes of oil have facilitated the government of the developing nations, to protect their citizens and country from price hike and out of stock incidents. These are the major factors fueling the growth of oil storage market across the globe.

Oil storage facilities utilize tanks or terminals to store produced oil placed above or below ground surface. Oil storage is a means of collecting products before being distributed to refineries and retailers. Oil processing is divided into three streams, upstream, midstream and downstream. Oil is initially extracted in the upstream process, where the exploration and production are conducted. The midstream sector involves the transportation, storage and wholesale marketing of petroleum products following the upstream extraction process, whereas, downstream operations might also use storage tanks to collect oil for further processing and marketing.

Oil storage tanks differ in capacity and design, as earlier storage tanks were built of metal and wood mounts that formed large barrels. As technology advanced, storage tanks increased in size and capacity to store oil safely. The designs are specifically preferred to handle high pressure conditions of the liquid stored, to manage ventilation and prevent leakage and corrosion. Increase in adoption of alternative fuels for cleaner and greener transportation. Use of Liquefied Natural Gas (LNG) to power marine containers and increase in LNG driven projects are the current trends in the global oil storage market.

         

The global oil storage market is bifurcated based on storage type, product type, reserve type and region. Based on the storage type, the market is segmented as open top tanks, fixed roof tanks, floating roof tanks and other storage facilities. Fixed roof tanks segment accounted for the largest market share in 2016, whereas floating roof tanks segment is expected to account for the highest growth during the forecast period. This is owing to the increasing demand for the storage of large quantities of petroleum products. The storage tanks would be preferred over other alternatives, due to its ability to effectively minimize the unstable organic compound emissions and product losses.

Further bifurcation of the market is based on the product type, which includes crude oil, gasoline, aviation fuel and middle distillates. Crude oil storage market is projected to grow at the fastest rate over the forecast period. Rising infrastructure and industry projects, which are an integral part of the investment cycle, have increased the demand for crude oil. Renovation and development of oil refining facilities will further favor the business scenario.

The global oil storage market is segmented based on reserve type as strategic petroleum reserve and commercial petroleum reserve. Strategic petroleum reserves have dominated the market during 2017 and are anticipated to continue controlling the market over the forecast period. These reserves store crude supplies delivered by public and private companies for maintaining national security and protecting economy during energy crisis.

Middle East and Africa has the largest market share, whereas Asia Pacific is predicted to grow at the fastest pace during the forecast period.

Middle East and African regions are projected to have the largest market share in the oil storage market across the globe. This is due to the fact that countries such as Qatar, Oman, Nigeria, UAE, Iran and Saudi Arabia have large scale of world's proven oil reserves and ranked as the largest producer and exporter of oil in the world.

Asia Pacific region is also expected to grow at the fastest pace across the globe during the forecast period. China and India’s oil storage market are growing significantly on account of increasing capital investment towards the development of storage capacity from foreign and domestic companies. Moreover, the Government of China, in 2016, had announced to build supplementary 441 million barrels of strategic petroleum reserves by 2020. Growing focus towards the expansion of refinery facilities in the country is expected to further expand the market.

Prominent players involved in the development of oil storage, includes Synder, ZCL Composites, L.F. Manufacturing, Vopak, Superior Tank Company, Tianjin Anson International Company (TICO), CST Industries, Synalloy (Palmer), Elixir, Roth Industries, Ergil, Waterford Tank & Fabrication, Sri Ranga Industries and Hydrotherm Engineering Services., among all the other players. ERGIL, in April, 2017 directed a comprehensive engineering, design, material supply, and fabrication of StorageTech tank products to Iraq’s largest oil field, named as Zubair for a renowned general contracting company in Iraq. Other players are similarly involved in research & development, acquisitions, expansions and collaboration for their strategic growth.

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May
18

The global concentrated solar power market was estimated as USD 4.5 Billion in 2016 and is expected to reach USD 11.2 Billion by 2025, growing significantly with a CAGR of over 10% during the forecast period. Growing concerns towards depletion of fossil fuels, stringent government rules and guidelines to control the increasing carbon footprint and the ability of concentrated solar power systems to supply dispatchable power is predicted to drive the growth of the market.

Concentrated solar power systems utilizes mirrors to concentrate a large area of sunlight on a small area for generating solar power. When the concentrated light is converted to heat; the heat is then channeled through a conventional generator and electricity is generated. The plants consist of two major parts, one part collects solar energy and converts it to heat and another one converts heat energy to electricity.

Concentrating solar power systems can be used for grid-connected applications of up to 100 MW. It is considered as an attractive renewable energy option in the sunbelt regions across the globe, as the amount of power generated by a concentrating solar power plant depends on the amount of direct sunlight collected by the collector panels. With many other options available, such as photovoltaic cells, concentrated solar power system is the cheapest form of solar at utility-scale which is about ten times cheaper than photovoltaic combined with battery for storage.

The global concentrated solar power market is bifurcated based on the technology, component, end-user and region. Based on the technology, the market is segmented as parabolic trough, solar tower, linear fresnel and dish/engine systems. The parabolic trough segment is expected to dominate the concentrating solar power market during the forecast period, owing to the large-scale penetration of the design and ease in installation and usage. Parabolic trough systems consist of parabolic trough-shaped reflectors which follows the sun during the daylight hours by tracking along the axis. Currently, all parabolic trough plants are hybrids, i.e. they use fossil fuel to supplement the solar output during periods of low solar radiation.

Based on the components, the market is segmented as, solar field, power block and thermal energy storage system. Solar field block includes the reflector surfaces and pipes that collect sunlight. The power block consists of heating system and pipe through which the fluid is passed, whereas the energy storage system stores the generated energy for the future application. The solar field segment is projected to be the largest market; due to the major presence of large number of complex and costly subcomponents included within the segment. The global concentrated solar power market, based on end users are bifurcated as, residential, commercial & utilities and industrial. The commercial & utilities segment is anticipated to account to the largest market share, owing to the favorable government regulations towards increasing the adoption of renewable sources of energy and rising number of medium to large scale projects, which are under advancement and in pipeline globally

Geographically, the concentrated solar power market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America region is anticipated to dominate the market, in terms of revenue. However, Asia Pacific region is expected to be the fastest growing market, owing to the rising demands of electricity supply due to increasing population during the forecast period. Moreover, Middle East and African region is also anticipated to grow substantially, owing to governments’ intervention in solar powered projects.

Major players in the global concentrated solar power market includes, Brightsource Energy, Areva, eSolar, Acciona, Solar Millennium, Abengoa, Solar Reserve, Siemens, GE, Aalborg CSP and ACWA Power, among all the others. GE Renewable Energy in February 2017 announced to offer equipment for the first commercial integrated solar-wind hybrid power generation project in the industry. It is the 4.6MW community based project in Red Lake Falls, Minnesota, developed by Juhl Energy which uses two 2.3-116 wind turbines from GE Renewable Energy’s portfolio. Other players are similarly involved in innovations for their strategic growth.


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There are many sources of energy used as substitutes of non-renewable energy sources which includes sunlight, wind, rains, tides, etc. Wind energy is the largest source of energy, and approximately accounts for half of the energy produced from other alternative sources. Several technologies have been introduced to harness wind energy. As per the Global Wind Energy Council (GWEC) and Greenpeace International, wind turbines are expected to supply 12% of the global electricity and contribute as the major source in reducing CO2 emissions, by year 2020.

An Airborne wind energy system is a technology, which includes turbines at high altitude, which extract hundred times greater kinetic energy as compared to the conventional wind turbines. In Airborne energy systems, airborne wind turbines are suspended in the air, without any tower or support from the ground and can operate at high as well as low altitudes. The airborne wind turbines are secured to the ground using electrically conductive tethers, which helps energy transmission.

Increasing demand for alternate sustainable energy sources, fluctuating prices of fuel derived from non-renewable sources, and low maintenance system cost are the major factors propelling the growth of airborne wind turbine market. Extreme bad weather conditions, may lead to temporary suspension of these wind turbines. Moreover, due to their setup at the higher altitude, there is constant fear of unpredicted collision. These factors may restrain the airborne wind turbine industry.

The global airborne wind turbine market is bifurcated by system, type and region. Based on the system, the airborne wind turbine (AWT) industry is segmented as ground generator system and fly generator system. Ground generator system is used for the conversion from mechanical energy to electrical energy, is completed on ground, whereas in fly generator system, the conversion takes place on the aircraft in the air. The ground generator system includes different types of systems such as leading edge inflatable kite, supported leading edge kite, foil kite, glider and swept rigid wing among all the other systems. While the fly generator system includes various systems designed and manufactured by Joby Energy, plane with four turbines designed by Makani Power, Static suspension quad rotor by Sky WindPower, etc.

Further, based on the types of turbines used, which includes kite type, balloon type, kytoon type and tethered auto gyro type. The kite type turbine is suspended at higher altitudes and extracts energy through the application of dual purpose circular fan, rotary wing kite and multi-tethered kites among the others. Balloon type uses an enormous helium-filled balloon, blimp or envelope that floats over the altitude of more than 1000 feet. The gas-filled turbine has helium, as it is lighter and provides buoyancy to the entire arrangement. The balloon feeds the energy into the grid through cables that will connect to the ground. In kytoon type, the turbine uses both balloon and kite arrangement for power generation from high altitude winds, whereas in tethered auto gyro type, the wind turbines are made to float by utilizing a tethered crankshaft, unmanned aerial vehicle, gyrocopter or gyroplane, alongside an unpowered rotor providing thrust.

Geographically, the market includes North America, Europe, Asia Pacific, Middle East and Africa and Latin America as major regions which are further bifurcated into countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. Government organizations across several countries have involved in framing new rules and regulations to reduce pollution by encouraging methods such as airborne wind energy to produce clean and never-ending energy. Such initiatives by government are fueling the growth of the market.

The prominent players involved in the development of, airborne wind turbine includes ACCIONA S.A., DeWind Co., Fuhrländer AG, Ampyx Power, E-Kite Netherlands BV, EnerKite GmbH, Altaeros Energies, eWind Solutions, Kite Power Solutions, Ltd., Makani Power, SkySails GmbH & Co. KG, Windlift LLC, Twingtec AG, Omnidea, Kitenergy S.r.l., kPower LLC, and KiteMill among all the other players. In May 2018, Makani Power produced power for the first time with a 600-kW energy kite with eight rotors and the wingspan of a small jet airliner. The company has the high-performance carbon fiber kite which measures 85 ft across, and has eight onboard rotors each of 7.5 feet diameter. The company is carrying R&D for the system which changes to lift power generation and permitting the kite to produce more electricity than its consumption will be carried. Other players are similarly involved in research & development, acquisitions, expansions and collaboration for the strategic growth.


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Oil and Gas are the major source of the world's energy in the 21st century and are naturally occurring petroleum products extracted from the earth’s crust used extensively in automobiles, machineries and utility products. The demand for oil and gas was earlier met through various onshore methods of oil and gas extraction. However, exhaustion of onshore oil reserves and increasing energy demand, have given rise to offshore techniques.

Offshore production began in 1940's offshore Louisiana and has increased tremendously over last six decades. Offshore production represents the process of oil and gas extraction that takes place mostly in the seabed and oceans. Oil and gas are extracted from the wells and transferred through ships and pipelines to refineries. Approximately 30 percent of world’s oil and gas production is extracted from offshore and is expected to increase significantly over the forecast period.

Rising demands for oil & gas, increase in their applications as well as emergence of innovative techniques in offshore production are the major factors propelling the growth of offshore oil & gas industry. The current market trends for the offshore oil and gas market includes technological advances for developing oil reserves, well log interpretation and the development of well-simulation models. Extending the service life span and redevelopment of aging reservoirs as well as discovery of new oilfields are the opportunities for positive industry growth over the forecast period.

           

The global offshore oil and gas market is bifurcated based on the type of drilling, platform, offerings and region. Based on the type of drilling, the offshore oil and gas industry is further segmented as shallow water drilling and deep water drilling. Shallow water drilling is done near the coastal areas or sea shores which are few feet deep, while the deep water drilling is done in the deep seas with the depth of thousand feet.

Based on the settlement of production platform, the offshore oil and gas market is divided into fixed platforms and floating platform. Fixed platforms are attached to the seafloor and have legs resting on the seafloor. These legs are constructed of concrete or steel. This platform is very stable owing to limited exposure to movements by wind and water forces. The platforms cannot be used in deep water since; it is very costly to build such long legs. Fixed platforms were initially used for the offshore development, but as the oil fields have gone deeper, the application of fixed platform has decreased. Floating platform has become the major solution for offshore production and is preferred as these platforms can be moved from one place to another. Further, the floating platform segment of the global offshore oil and gas market is divided into, four types of floating production facilities, which includes floating production storage and offloading (FPSO) vessels, tension leg platforms (TLPs), spars and semi-submersibles.

Based on the offerings, the offshore oil and gas industry is categorized as services and product & components. Few companies offer facilities required for the production and focus on finding, augmenting and merchandising different types of oil and gas and other services. These facilities include well intervention services, and well completion services. While the product and components include the key components utilized during the process of drilling.

The offshore oil and gas market has been bifurcated geographically into five regions; this includes North America, Europe, Asia Pacific, Middle East & Africa and Latin America. It also includes countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. Improvements are taking place at the Golden Triangle area near Brazil, the US Gulf of Mexico and West Africa, and are expected to speed up during 2019. In West Africa, huge number of projects in Angola and Nigeria are poised whereas in Mexico, six out of nine deep-water oil auctions were carried successfully.

The major companies that provide offshore oil and gas facilities include ExxonMobil, Royal Dutch Shell, Chevron, PetroChina, Technip, Schlumberger, Baker Hughes, Halliburton, Transocean, NOV, Weatherford International Ltd., Calfrac Well Services Ltd. among all the others. These companies are highly focused on research and development and offering innovative solutions in the offshore oil and gas industry. For Instance, Transocean is drilling deep-water wells faster as compared to other players. Also, Borr Drilling and Schlumberger together have agreed to offer integrated and performance-based drilling contracts. The idea behind partnering over this agreement is to leverage Schlumberger’s expertise with Borr Drilling’s modern jack up fleet.


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Rainwater harvesting is a technique used for collecting and storing rain water and the method is cost efficient as well as energy and water saving practice. The water is collected from rooftops; and is stored in a tank or barrel which is further utilized for irrigation or other agricultural purposes. Sometimes, the water is also collected in a large ground hole or reservoir, which lets the water seep in the ground, increasing the ground water level. Decrease in ground water level and scarcity of water for agricultural purposes are factors driving the adoption of rainwater harvesting market.

The global rainwater harvesting market is bifurcated into harvesting methods, types, end-users and region. Based on the harvesting methods, the market is segmented as roof based and land based water harvesting. The roof based segment is indulged in the collection of rainwater from roof surfaces of houses, buildings, etc. The land based water harvesting method lets the water to be stored in reservoirs, ground holes, ponds and underground tanks.

            

The major factors driving the rainwater harvesting techniques includes decrease in ground water levels. From past few years, the level of ground water has decreased and it is expected to drop considerably over the period. This has generated the necessity of employing few techniques to fulfill the increasing water needs for agriculture and irrigation as well as other purposes. Rainwater harvesting technique allows the user to charge the ground water levels, and utilize it when required.

The market is further segmented into the type of rainwater harvesting systems which includes direct pumped, indirect pumped and indirect gravity type. Direct pumped method consists of a pump located within the underground tank and harvested water is simply pumped directly to the WCs or other appliances whereas, the indirect pumped system uses a booster pump set to offer a pressurized supply. In the indirect gravity system, the harvested water is first pumped to higher level tank called header tank, than other outlets are supplied by gravity alone. This arrangement, allows the pump to be used only when the header tank needs to be filled. Rainwater is filtered before use, and is preferably used for non-potable purposes. 

Further, the global rainwater harvesting market from end-user’s perspective is classified as residential, commercial, industrial and agriculture. Use of rainwater harvesting is significantly growing in commercial applications, while the water is already utilized for residential as well as agricultural purposes since several years.

Geographically, the rainwater harvesting market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. It also includes major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil.

The major companies that provide rainwater harvesting systems include Kinspan Group, Watts Water Technologies, Inc., Graf Group, WISY AG, Innovative Water Solutions LLC, D&D Ecotech Services, Rain Harvesting Supplies, Inc., Water Field Technologies Pvt. Ltd., Stormsaver, Climate Inc., Water Harvesters, Heritage Tanks, HarvestRain, and The Gulf Islands Rainwater Connection Ltd. These companies are highly focused on research and development and offering innovative products, using least resources. 

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Offshore wind is an abundant clean energy solution for many coastal load centers with large population and higher energy demand. Cost reduction strategies and technological improvements are being exported globally with the deployment of offshore wind market. Offshore wind technology includes inshore water areas as well including creeks, lakes, and sheltered coastal areas, utilizing conventional fixed bottom turbine technologies and deep water areas utilize floating turbines.

The global Offshore Wind market was valued at USD 22.85 Billion in 2015, and is projected to reach USD 72.18 billion by 2025, growing at a CAGR of over 12% during the forecast period. The continuous growth is attributed to the growing demand for clean energy for protecting the environment and decrease the carbon emissions by generating power from renewable resources. Offshore wind energy forms an integral part of clean energy resources and possess higher capacity factor in comparison to onshore wind.

Shifting preference of consumers, growing demand for conventional sources of energy and rise in demand for electricity consumption are major drivers of the global offshore wind market. However, less investments and high initial costs tends to hinder the growth over the forecast period. Although, increasing R&D activities in cheaper products has anticipated paving new opportunities for offshore wind market.

Based on component segment, the report includes the revenue, growth rate, and market share, of each type,

  • Turbine
  • Substructure
  • Electrical Infrastructure

The turbine component is estimated to be the largest segment for the offshore wind market

The turbines segment has been expected to acquire the major share of the total offshore wind project. It is the most important component of an offshore wind farm. Companies are upgrading and increasing the turbine size owing to advanced technologies and to increase energy efficiency. Moreover, larger the wind turbine, the more energy is produced each time as the turbines rotate. Therefore, turbine manufacturers are continuously upgrading and expanding their product portfolio for contributing to the ever increasing demand for high capacity wind turbines.

On the basis of capacity, the market has been segmented further, and displays growth rate and market share over the forecast period;

  • Upto 1 MW
  • 1-3 MW
  • 3-5 MW
  • 5 MW and Above

Based on location, the market has been bifurcated into:

  • Shallow Water
  • Transitional Water
  • Deep Water

Shallow water segment has been anticipated to be the largest offshore wind market by location

Among the three water depth location for offshore wind turbines market, shallow water is anticipated to hold the largest share over the forecast period. The development of shallow water is cost effective owing to better weather conditions, however, installing wind turbines in deep water becomes expensive due to high maintenance cost. Although, offshore wind turbines are getting installed in all three water locations depending on the region, turbine capacity, and wind speed. Shallow water condition mostly prevails in the European countries owing to favorable weather conditions.

Globally, the market has been segregated into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, market share¸ with revenue (Billion USD), and growth rate for the regions, from 2015 to 2025 (forecast)

  • North America: U.S., and Rest of North America
  • Europe: France, Germany, UK, and rest of Europe
  • Asia Pacific: China, India Japan, and Rest of Asia Pacific
  • Middle East & Africa: South Africa, North Africa, GCC, and Rest of MEA
  • Latin America: Brazil and Rest of Latin America

Europe region is predicted to grow substantially over the forecast period

Europe and Asia Pacific region are anticipated to deliver significant growth potential for the offshore wind turbines market throughout the forecast period. Europe region has been anticipated to dominate the global offshore wind turbines market, with vast expansion in offshore wind power generation. Wind is one of the leading sources of the renewable energy mix in the region. Offshore wind energy is gaining market share at a rapid pace in the renewable energy mix, since the advantages it possesses over onshore wind energy.

Various emerging nations have unwrapped surplus opportunities for the global offshore wind turbines market, since the pressure for lowering carbon emissions is mounting each day. A combination of increasing plant size, infrastructure technology improvements, and related R&D investments, coupled with favorable market, policies, and economic conditions has led to a key trend in power generation for offshore wind. Offshore wind technology has become more cost-effective with each competitive tender in Europe. Industry-leading countries such as the UK, the Netherlands, Germany, Denmark, and Belgium are into a transition phase to market-oriented policies.

Several nations across the globe have established electricity generation targets from green energy sources. Emerging economies such as India are now focusing on green energy for power generation. India has set targets of electricity generations by wind energy and solar energy. Exploration of offshore sites is being carried out in order to enhance profitability of power generation from wind energy. Unlike onshore sites, offshore sites generally have uninterrupted winds throughout the year.

National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE) is intended to deliver offshore financiers, wind policymakers, developers, regulators, researchers, engineers, and supply chain participants. The laboratory offers quantitative information about the offshore wind market, cost trends and various technology offered in the United States and worldwide. According to Offshore Wind Technologies Market Report by NREL, Europe dominates the market with 90% of global installed capacity at the end of 2016. North America is expected to witness significant growth for commissioning of first offshore wind project, the 30-MW BIWF. Furthermore, Asia Pacific region has also witnessed an offshore deployment in 2015 and 2016.

Some of the prominent players operating in the global offshore wind turbines market are Enercon GmbH, Xinjiang Goldwind Science & Technologies Co. Ltd, Gamesa Corporacion Technologica S.A., Siemens Wind Power, Guodian United Power Technology Company Ltd, Vestas Wind Systems A/S, Nordex S.E., Upwind Solutions Inc., Suzlon Group, and GE Wind Energy.



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Smart mining refers to maximization of computational technological application, instruments of measurement, communication, remote operation, serving the tasks of entire value chain from the deposit to the shipment. The homogenization of industrial automation in mining operational field increases and improves operational efficiency, cost control, product quality, safety and environment, and predictive maintenance.

Smart mining is also known as telerobotic mining, comprises of remote-controlled robotic machinery for decreasing risks involved for miners and improving mineral extraction. Smart mining has been expected to operate in an integrated way through the construction and proper use of phenomenological and economic models optimizing the entire operation in globally. The technology is widely used in steel mining, coal mining, non-metal mining, and gold mining.

Smart mining offers vertically and horizontally integrated dynamic planning, proactive and predictive approaches, and fully automated operations & predictive maintenance, transforming mining into mainstream business. Smart mining solution operates on ‘platform’ approach comprises of the architectural and digital components in mining businesses. The solution works on high latency and criticality of data, including safety and financial considerations with the help of cloud data for mining production.

Reduced direct cost from assets and operations, enabled competitive edge with real time decision making are the major trends paving opportunities for the market expansion. Moreover, facilitating faster response with mobility, and minimizing waste using Lean principles are other key factors spurring the growth over the forecast period. Furthermore, rapid technological advancement is expected to influence mining operations owing to IoT adoption in mining equipment and vehicles. Miners are employing advanced tools for predictive maintenance, and for increasing operational efficiency and reduced downtime. IoT implementation in for operational efficiency, reduce downtime, scheduling & predicting maintenance is projected to play a key role in global adoption.

Additionally, Investment in simulation technology, growing use of 3d imaging, and implementation of remote monitoring systems are also few other factors anticipated to augment the demand for smart mining market over the forecast period. However, strict government regulations regarding air, water, & environment coupled with poor infrastructure may hinder the market growth.

The global smart mining market is segmented on the basis of automated equipment, software solutions, hardware component, services, and geography. Based on automated equipment, the market has been segregated as excavators, drillers and breakers load haul dump, and robotic truck. Hardware component segment comprises of sensors, RFID tags, and intelligent systems. The automated excavators segment has been expected to hold the largest share. Intelligent electronic systems for smart mining have been anticipated to acquire the major share of the smart mining market.

On the basis of software solution, global smart mining market has been bifurcated as logistics software, data and operation management software, safety and security systems, connectivity solutions, analytics solutions, remote management solutions and asset management solutions. Services segment has been further segmented as support and maintenance, system integration and implementation services, product training services, and consulting services.

Asia Pacific region has been predicted to dominate the major share of the global smart mining market followed by Europe and North America. Growing investments in smart mining technologies and rapid adoption are boosting the industry growth in the region. On the other hand, technological complexity and skilled personnel requirement for system maintenance may hamper the regional growth.

Prominent players operating in the smart mining have adopted several growth strategies to sustain the market competition. Key players operating in the global smart mining market includes SAP SE, Trimble Navigation Limited, Rockwell Automation, Inc.,  HEXAGON, STONE THREE MINING PTY LTD, Alastri, IntelliSense.io, ABB Ltd., SYMBOTICWARE Inc., Atlas Copco, Caterpillar Inc., Cisco Systems, Inc., Joy Global Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd.,  Sandvik AB, and Alcatel-Lucent.


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Green energy is the form of energy derived from clean sources such as solar photovoltaic, hydropower, wind energy, bio-fuels and geothermal and producing minimal pollution. Green energy includes sources of energy from sun, hydro, wind, geothermal, and biofuel. Green certificates, green tags, and tradable renewable certificates are few of the green energy certificates to promote a widespread application of green energy and reduces the dependency on fossil fuel resources coupled with diminishing the environmental hazards. With the upsurge of smart cities in emerging economies, the demand in the green energy market is anticipated to grow at a high CAGR over the forecast period.

Rising investments in technology, continuous R&D activities, supportive regulatory frameworks, growing awareness and energy security issues coupled with environmental concerns are fuelling the growth in demand for clean and green energy. With energy prices spiraling out of control, many organizations are searching for ways to reduce and control energy costs. Rising trend of green energy implementation fosters a great deal of interest to various global players. Wind power source has been anticipated to be the fastest growing alternative energy segment owing to attractive cost structure as compared to other alternative energy and distributed generation solutions, such as cogeneration and solar power.

The wind power segment has been expected to dominate owing to large horizontal wind turbines. Owing to factors such as efficient economics of horizontal wind turbines favoring large units, multiple-megawatt installations and current technology dynamics, many companies install wind power plant at manufacturing unit  Climatic variation, environmental issues, need for energy security driving demand for green energy, and increased reliability and reducing costs fueling consumer demand for the energy over the forecast period. However, higher relative costs of green energy technologies tend to hinder the market growth over the forecast period. Although, new markets and green energy industries are anticipated to witness huge opportunities for the growth.

The global green energy industry has been segmented on the basis of energy type and end users. Based on energy type, the market has been segregated as solar photovoltaic, wind energy, hydroelectric power, bio-fuels and geothermal energy. Solar photovoltaic segment is further bifurcated into solar PV inverter, micro-inverters, string inverters and central inverters. End user segment for green energy technology comprises of commercial, residential and industrial.

Hydroelectric power segment has been anticipated to dominate green energy industry owing to large pre-installed base capacity. Solar PV is projected to be the fastest growing renewable source of energy, in terms of revenue. Demand for solar PV is expected to grow owing to increased efficiency and declining costs. The global market for solar PV inverters has been expected to have a steady growth in terms of revenue despite rise in PV inverter shipments as average selling prices is estimated to stabilize over the forecast period. Residential sector has been expected to be the fastest emerging end-user segment in terms of green energy consumption over the forecast period. Significant growth in residential photovoltaic installations has been witnesses owing to rising rational net metering policies and attractive cost economics. Furthermore, green energy sector growth in the commercial sector is predicted to rise due to compliance requirements and strict government regulations.

The overall green energy sector is fragmented with several international and domestic players competing across different segments. Prominent players operating in the industry includes First Solar Inc, Alterra Power Corporation, Enphase Energy Inc ABB Ltd., Kyocera Solar Inc, Hanwha Q Cells GmbH, Suzlon Energy Ltd., U.S. Geothermal Inc, Enercon GmbH, Yingli Green Energy Holding Co. Ltd., GE Energy, Calpine Corporation, JA Solar Holdings Co. Ltd., Nordex SE, Suntech Power Holdings Co. Ltd., and Archer Daniels Midland Company.


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Bladeless Wind Turbine uses a radically new approach to capturing wind energy. Bladeless wind turbines lack rotating blades and are designed to stand erect and oscillate in response to the vortices. The top-heavy part of conventional wind turbines requires high-quality components to avoid structural damage increasing the constructional cost. The reduced weight of turbines as compared to hefty blade turbines is acting as a primary driver of the global bladeless wind turbines market.

The issues raised with conventional wind turbines is the amount of cost involved in set-up and maintenance, the amount of space required to operate and the noise created with moving parts. The bladeless wind turbine overcomes the issues of traditional wind turbine and are constructed to be virtually silent, can be attached to any stable structure and have affordable prices. Also, the cost of maintenance is also quite minimal since, the turbine has very few moving parts. The engineers at Vortex Bladeless anticipated that bladeless wind turbine would cost around 51 percent less than a traditional turbine.

The rod-like design of the bladeless wind turbine consume a lot less horizontal space allowing to be situated in more confined environments, such as urban or suburban areas. Furthermore, the design of bladeless turbine ensures the turbine rotation at high RPMs with total safety unlike a conventional turbine which explodes under failure due to fatigue. However, one of the key challenges faced by the bladeless wind turbines is not able to convert into energy as efficiently as current wind turbines. Increased efficiency in wind power generation, rural electrification, reduction in manufacturing costs, and growing residential applications such as Vortex Mini of 4kW developed by Vortex Bladeless S.L are few key trends spurring the global bladeless turbine market over the forecast period.

Bladeless turbine industry has been segmented on the basis of application, including marine off-grid systems, remote telemetry, agriculture, domestic purpose, telecom, signage and rail signaling. Agriculture segment is been anticipated to hold the major share owing to various applications for electric fence powering, water pumps, lighting in stables and chicken sheds, underwater cameras powering at salmon farms. Furthermore, domestic segment includes residential battery charging and grid connection in rural areas as well. Bladeless wind power generators are also been expected to installed near railway signals to supply power to the signaling systems.

Bladeless wind turbines technology is expected to grow enormously in Western Europe owing to availability of advanced technology coupled with favorable environmental conditions. Furthermore, the market is also projected to spur in North America region owing to technological development of new and innovative rotors, drive systems, towers, and controls. Asia Pacific is projected to flourish owing to rising government initiatives for wind energy promotion. According to National Renewable Energy Laboratory (NREL), the United States and Europe has been expected to increase wind’s fraction of the electrical energy mix to more than 20% within the next two decades.

Prominent players operating in global bladeless wind turbine market includes Vestas, General Electric (GE), Siemens, Gamesa, Enercon, Senvion, Nordex, Goldwind, Suzlon and Envision. Additionally, the industry has been predicted to propel by the efforts of a Spanish company, Vortex Bladeless, innovated a contemporary design of bladeless turbines. Owing to intensive ongoing research and product enhancements, more companies are projected to enter the sector over the forecast period.


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Hybrid power are combinations of different technologies to produce power. Hybrid power systems are majorly designed for the generation and use of electrical power. Hybrid powers are produced with the combination of different sources of renewable sources of energy such as Photovoltaic-wind turbines, diesel- LPG gen-sets, Wind-Photovoltaic-Diesel System, and others. The hybrid systems are planned with customized configurations for effective use of available renewable sources and to serve for power generation purpose.

The energy systems can capitalize on existing energy infrastructure and add components to help in costs reduction, environmental impacts and system disruptions. Hybrid power systems are market-focused rather than technology-focus, delivering more efficient and reliable methods for meeting the consumers’ requirement. As per the International Energy Agency (IEA), it has been forecasted that the global generation capacity will increase by more than 60%, and renewables will make up over 45% of the total capacity by 2040.

Hybrid power systems reduces overall CAPEX per MW output and O&M costs by leveraging electrical infrastructure and Balance of Plant (BoP) equipment. Other factor associated with the technology is less CO2 emission with more energy production and lowered fuel costs from replacing diesel generation with renewables sources. For instance, in 2016, Vodafone announced to install several hybrid power systems in Qatar to reduce the carbon footprint and for improving energy efficiency. Hybrid power system offer various solutions such as Wind Integrated Solar Energy (WISE), Pumped Storage (PSP), wind-hydro hybrid, and Battery Energy Storage Solutions (BESS), anticipated to increase the demand in global market over the forecast period.

The absence of grid connectivity in remote areas particularly in emerging nations has driven end users to retrofit the conventional diesel generator set with efficient and cost-effective hybrid power systems. Hybrid power plants offer solution to various problems confronted by grid managers, power producers, and consumers. For instance, hybrid system couples the clean solar power with a reliable generator fueled with low-priced natural gas for generating the electricity. Wind power can be paired with compressed air for creating a reliable source, particularly for rural and isolated areas with limited transmission. Waste coal can be co-fired with waste wood from timbering to lower emissions. Some hybrid projects combine diesel generator sets with solar PV technology. Although, initial investments, higher payback time and huge installation costs paves hurdle for the companies from the setting up of hybrid power systems.

The global hybrid power system market has been segmented on the basis of system type, power rating, and end-user. Based on system type segment, the market has been segregated as solar-diesel, wind-diesel, and solar-wind-diesel. Based on power ratings segment, hybrid power systems are bifurcated as upto 10kW, 11kW-100kW, and above 100kW. The end users segment includes residential, industrial, and commercial.

The solar-diesel segment has been anticipated to hold the largest market segment owing to diverse applications in various end-user segment such as telecom, oil & gas and mining. The solar-diesel segment has been propelled at a large scale in Asia-Pacific and Africa region owing to augmented applications of off-grid renewable power systems. Furthermore, the 11kW-100kW segment is predicted to acquire major market share owing to the application in power devices and hybrid electric vehicles. The hybrid electric vehicles such as Toyota Prius and Lexus RX 400h are made of gasoline engine and electric motor, possessing an ability to effectively control environmental issues such as CO2 emissions. Such factors have increased the overall demand for hybrid vehicles, and is projected to propel the segment growth over the forecast period.

The commercial segment is expected to hold the largest share in end-user segment over the forecast period. Commercial buildings such as hotels, schools, resorts, and hospitals located at on-grid and off-grid areas, highly dependent on diesel generators for their power consumption. Fuel and diesel availability is an alarming factor creating huge opportunity for hybrid power implementation in commercial sector.

The Middle East and Africa region is expected to adopt hybrid power solutions over the forecast period owing to rising awareness for higher efficiency and reduced carbon emissions. For instance, Cummins, Inc. delivered the first hybrid system to Zain Group in Kuwait, for telecom application in 2016. Such initiatives are projected to fuel the market for innovative power solutions. Asia Pacific region is predicted to grow at substantial rate owing to rising awareness for detrimental environmental effects of diesel power generators. Moreover, inadequate presence of grid-related infrastructure for hybrid power generation products is expected to drive the market in the region.

Prominent market players operating in hybrid power systems industry include SMA Solar Technology AG, Siemens AG, Supernova Technologies Private Limited, Alpha Power Solutions, Danvest Energy A/S, ZTE Corporation, ReGen Powertech, UNITRON Energy System Pvt. Ltd, Polar Power, Inc., Alternate Energy Company, Alpha Windmills, Gamesa, and Grupo Dragon.

Various government and private fund availability are expected to offer huge opportunities for the industry. Helios Investment Partners along with African Infrastructure Investment Managers (AIIM) have capitalized in StarSight Power Utility which is a Nigerian energy company offering solar-diesel-battery hybrid, with efficient cooling solutions to industrial and commercial clients. The German Foundation for Development and Cooperation (SEZ), Autarsys and Atmosfair empowers Iraqi refugee camp with solar plus energy storage system. The system includes a 300-kWp PV plant and an energy storage unit. Solare Energie and QINOUS, Austrian offgrid alpine offers solar upto 17-kWp solar PV and energy storage upto 61-kWh energy storage system providing the alpine shelter with 90 percent renewable energy.


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The Lithium-air or Li-air battery is a metal air electrochemical cell which uses lithium oxidation at the anode and oxygen reduction at the cathode to induce a current flow. The Li-air battery has a very high energy density equivalent to gasoline, triggering global interest in super energy storage system. As comparison to other battery devices, Li-air batteries offers higher analytical energy density, high efficiency, and prolonged shelf life, which is anticipated to boost the renewable energy economy. Lithium-air batteries integrate the lightest and most electronegative metal of Li with the inexhaustibly ambient oxygen, hence involving intensive attentions owing to the main application in transportation.

Li-air batteries have been anticipated to have applications in specific sectors, associated with renewable energy such as smart-city projects, off-grid systems, and on-grid hybrid power supplies. However, high accumulation of metal wastes may create hurdle for the growth. The European Directive 2006/66/EC, was announced on 26 September 2006 on batteries and accumulators to overcome such hurdles. The Directive states that all member states must recycle and collect materials (including batteries), irrespective of their electrochemical classification.

Argonne National Laboratory (US Department of Energy) researchers have designed an advanced chemical process for super lithium oxide production, therefore improving the performance and the resistance of the accumulator. Additionally, Cambridge researchers have also revealed a study on lithium-air battery working with 90% efficiency and can be recharged 2,000 times, paving firm opportunities for the global expansion.

Rechargeable Li-air batteries have ultra-high energy densities theoretical capacities are considered as one of the most promising power sources for next-generation electric vehicles. For instance, in July 2016, Tesla installed a massive battery plant in Nevada, and has started working on stability, overheating, light weightlessness, and fire-proof batteries

Lithium Iron Phosphate (LFP), Nickel Cobalt Aluminum (NCA ), Nickel Manganese Cobalt ( NMC), lithium cobalt oxide (LCO ) and Lithium MANGANESE Oxide (LMO ) are few types of lithium-air batteries, differing in strengths, and used for various applications. For instance, NMC is generally considered as the most potential for application in Electric Vehicles (EVs) owing to the high performance, safety and low cost.

 Increasing applications in electric vehicles, smart devices, and development of enhanced Li-air batteries are considered as the major factors enhancing the industry growth.  Li-air batteries have huge potential, providing up to five times more energy than other conventional batteries, paves new opportunities for the growth. Furthermore, gradual shift of automobile sector from petroleum fueled vehicles towards electric vehicles has also projected to witness the growth over the forecast period.

The global lithium air battery market has been segmented by type and application. On the basis of type, the market has been segregated into conventional lithium air batteries and Nano lithium air batteries. Conventional lithium air batteries are majorly used for the development of clean energy as compared to traditional batteries producing flammable gases & chemical emission. Conventional lithium air batteries are fundamentally lithium dry air batteries since; lithium air batteries cannot withstand carbon dioxide or moisture. Furthermore, Nano lithium air batteries can deliver thrice the capacity of current attempts and can be operational for thousands of the cycle with 12 minutes charge. Based on application, the global market has been bifurcated as electronics application, Electric Vehicles (EVs), and grid backups. The electronic segment is projected to account for the largest market shares among all the applications. The progress of advanced, higher energy lithium batteries is essential in the rapid business of the electric car market.

Europe region for battery market is expected to contribute majorly to the industry and is projected to witness significant growth over the forecast period. In Asia Pacific region, the emerging economies such as China and India are expected to witness a rise for the demand of lithium air batteries owing to their tremendous electronics market.

Major players in the lithium air batteries market are targeting on innovation and delivering their products at competitive prices. Some of the key players for the Li-air battery market include Poly Plus Battery Company, Mullen Technologies Inc., and Lithium Air Industries among others.


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Radioactive wastes are unavoidable residues generated via radioactive materials emitted from various hospitals, universities, non-nuclear industries, research & medicines and from nuclear power plant for generating electricity. The disposal and management of such wastes is an issue prevalent in all the countries. Various strategies and techniques for safe management of radioactive waste arising from the applications are well established and extensive experience has been obtained in different regions. However, radioactive waste remains an important element for many countries owing to the increasing concerns occurred by radioactive material.

International Atomic Energy Agency (IAEA) is an authority providing a regulatory framework for safety standards and offers an extensive range of services such as an operational safety, integrated nuclear infrastructure, and integrated regulatory services for protecting the environment and people from the dangerous effects of radioactive activities. IAEA organizes various conferences such as International Conference on Issues and Trends in Radioactive Waste Management. The objective behind the conferences is to foster the information exchange on current issues in the area of waste management and to promote strategies for the resolution. As per French Environmental Code (Art. L 542.1-1), radioactive waste is the final waste which cannot be treated under the existing economic & technical conditions. Treatment mostly involves extraction of any part of the waste which can recycle any hazardous substances. The radionuclides enclosed in radioactive waste that may be found in nature (radium-226) or manmade (caesium-137).

There are two sources of nuclear wastes which include wastes from nuclear power plant as a by-product and from other miscellaneous applications such as research & medicine containing radioactive material. Nuclear waste is unsafe and is regulated by the government organizations. Most of the fuel utilized in nuclear power plants contains small uranium pellets stacked inside an alloy fuel and is stored in airtight containers filled with water. Nuclear wastes remains radioactive for long duration and it is difficult to locate a dumping facility for radioactive wastes.

Rising demand of nuclear plants for generating electricity , Increasing environmental prevention standards, strict regulatory framework on radioactive waste management for protecting people and environment from hazardous effects are few factors expected to offer lucrative opportunities to the industry.  Additionally, increasing stringent government regulations especially for long-term waste management solution and mandatory high investment in nuclear power projects for waste management generates vast opportunities for the market growth over the forecast period. However, transportation of waste poses an unacceptable risk to environment and people, complex regulatory structure and high cost involvement in waste treatment may hinder the market growth. In addition, lack of high level radioactive waste storage capacity and proper site selection are few of the challenges faced by the radioactive waste market.

Radioactive waste management market has been segmented by waste type, by reactor type and by applications. Based on waste type, the market has been segmented as high level waste, intermediate level waste, and low level waste. On the basis of reactor type, pressurized water reactors, boiling water reactors, gas-cooled reactors, and pressurized heavy water reactor are few sub-segments of the industry. Based on application, major market has been divided as industrial and utility.

North America, Asia Pacific, Europe, Middle East & Africa, and Latin America are the key regional segments in the global market. Europe region has been anticipated to hold largest market share followed by Asia Pacific region. Rising awareness regarding nuclear power application and massive investments in nuclear power projects are the major drivers for the nuclear waste management market growth in Europe region.

The key players operating in the industry include Holtec International, Nuclear Research and Consulting Group, SA Radiation Pty. Ltd., SA Radiation Pty. Ltd., Veolia Environmental Services, Ecology Services Inc., Bartlett Nuclear Inc., Areva Inc., Pangea Resources, WM Symposia, Swedish Nuclear Fuel and Waste Management Company, Chesapeake Nuclear Services Inc., American Waste Management Services Inc., Radiation Decontamination Solutions LLC, Mid-Counties Waste Management Services Ltd., and Cabrera Services Inc.


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Oil & gas sector is considered as one of the most highly valued commodities in the energy sector. The sector is looking for operational efficiency for driving the cost reduction and Artificial Intelligence (AI) technology is gaining traction for optimizing, enhancing, automating, and improving operational efficiencies of businesses globally. The technology plays a vital role in decision-making process and for managing and organizing data. AI technology is majorly adopted for optimizing the drilling process and improving operational efficiency, leading to reduced drilling costs.

The technology growth in oil and gas market has been attributed to big data technology for improving E&P capabilities, and rising demand for automation in oil & gas market. The industry has started adapting optimized performance while maintaining long-term investment and profitability. Gradual rise in venture capital investments, and reducing pressure of production costs will also benefit the industry.

AI tools are also utilized for profit & loss management along with optimizing production cost per barrel. The implementation of AI for integration of data collection for analysis and forecasting, optimized operation, and production management is further expected to fuel the industry. On macro scale, investment decision in production & exploration, along with economic conditions are accomplished with AI boosting the sector globally.

Furthermore, the technology also allows planning and forecasting, eliminating cost of drilling, well reservoir facility management, predictive maintenance and remote logistics. Although, lack of stringent regulation and guidelines and high AI installation costs are projected to restrain the market growth. Growing concerns for data privacy and cyber security risks may also hinder the industry growth. However, improved operational efficiency and predictive maintenance have paved future growth for the market.

The market for AI in oil & gas has been segmented by type, function, and application. Furthermore, type segment is categorized into hardware, software, and hybrid. On the basis of function, as the segment is segregated into predictive maintenance & machinery inspection, material movement, production planning, field services, quality control, and reclamation. The application of the technology includes upstream, midstream, and downstream.

The software growth in North America is expected to drive the demand for upstream oil & gas applications. Predictive maintenance solutions have wide application for analyzing operational data such as real-time decision making & drill maintenance.  The solution is suitable for all the streams and help in predicting accurate system status to overcome production costs and uninterrupted operations.

Geographically, the industry is categorized as North America, Europe Union (EU), Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA). North America is anticipated to have major share traced in comparison to Europe and APAC. Rising implementation of AI technologies by service providers and oilfield operators and strong presence of prominent AI system and software suppliers, particularly in the US and Canada has driven the regional growth.

Prominent global players are IBM, Accenture, Microsoft Corporation, Google LLC and Oracle Corporation. Furthermore, the prominent players are highly investing in R&D, for launching products and ground-breaking services for increasing the awareness amongst the end-users. Other key players are CISCO Systems, Fugenx Technologies, General Vision, HortonWorks, Intel, Numenta, and Sentient Technologies.


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Oil and Gas logistics refers to the transportation of drilling equipment, extracted crude oil and natural gas and transportation of refined products from one place to another. Petroleum logistics covers entire phases from upstream to downstream. Oil and gas logistics synchronizes with all kinds of equipment from multiple origins to the areas that are difficult to access with the continual concern for manpower and environment.

The raising offshore oil and gas exploration and production activities is one of the primary growth drivers for this market.  Exploration and production (E&P) activity is an upstream process in the oil and gas industry, and includes procedures such as locating oil rigs, searching for oil and petrochemical products, underwater drilling for natural gas and crude oil fields, and operating subsea vessels. Mounting production activities in APAC have boosted the necessity for outsourced logistics, leading to the entry of several new players in the market.  The competition in this market is dependent on the basis of price, delivery speed, reliability, and supply chain capacity. Moreover, the improvements in logistics processes through the incorporation of IT will help vendors increase efficiency and effectiveness during the forecast years.

The exploration of several new shale oil fields and subsequent increase in the E&P expenditure of oil and gas production companies will result in a robust demand for logistics services. Besides transporting offshore minerals and energy resources, the marine sea vessels also perform marine logistics services, while the increase in number of offshore oil rigs will also augment the growth prospects for this market.

The global oil and gas logistics market can be segmented on the basis of type and region. On the basis of transportation type, the global oil and gas logistics market can be segmented into pipeline, railroads and tanker & trucks. On the basis of region, the global oil and gas logistics market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.

Some of the key players in the Global Oil and Gas Logistics Market include A. Hartrodt GmbH, Agility Project Logistics Inc., BDP International, Bollore Africa Logistics Ltd., Crown Logistics, DB Schenker, Gulf Agency Company Ltd., Kuehne + Nagel Company, Neovia Logistics, SDV International Logistics and SGS Logistics.


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Liquefied natural gas (LNG) is a natural gas that has been converted to liquid form for the ease and safety of non-pressurized storage or transport. It is odorless, colorless, non-toxic and non-corrosive in nature. The increase in population and improving standards of living is propagating the growth of this market. Also, the trading of natural gas along further expanded the expansion in transportation of LNG is also driving this market. 

The cryogenic liquefactions of LNG reduces the volume of gas as compared to its original volume, making it easier for the transportation process in a specialized LNG carrier. The most appropriate way to transport natural gas is with the help of a pipeline that is subdivided into offshore and onshore pipelines. The onshore pipelines ensure the transportation of gas to a short distance, whereas the offshore pipelines are used for long distance. Other means of carrying LNG is through vessels. The oldest LNG carrying technology Moss-Rosenberg containment system (commonly known as Moss) is still in use for new vessel construction. The second type of large-scale LNG carrying technology is the membrane technology. 

In North America, United States is expected to dominate in export of shale gas, owing to the huge domestic production. In spite of having too many environmental issues in Japan, the pattern of increment in consumption of LNG in power sector is highlighted in recent years. Australia, the United States, and Russia are may lead this race of global LNG trade during the forecast years. However, the developing counties like China and India will also have a major shareholding for natural gas consumption growth, which will further boost the demand for LNG carriers. 

The global liquefied natural gas (LNG) carrier market can be segmented on the basis of technology and region. On the basis of technology, the global liquefied natural gas (LNG) carrier market can be segmented into moss type, prism type and membrane type. On the basis of region, the global liquefied natural gas (LNG) carrier market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.

Some of the key players in the global liquefied natural gas (LNG) carrier market include China State Shipbuilding Corporation, Daewoo Shipbuilding and Marine Engineering (DSME), Dynagas Ltd., GasLog Ltd., Hyundai Heavy Industries Co., Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Mitsui O.S.K. Lines, Ltd. (MOL), Samsung Heavy Industries and STX Offshore & Shipbuilding Co., Ltd.


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Underfloor heating is basically a central heating system that induces indoor climate control for thermal comfort using various methods such as radiation, conduction and convection. Underfloor Heating system can be comprised of electric heating cables mats that can be applied under various types of floors such as titles, wood, stones and even carpets. This system radiates warmth evenly across the room in a clean, efficient and non-polluting manner. In modern underfloor heating systems use electrical components or fluid flowing pipes to heat a particular area. Either of this can be installed as a localized floor heating system or for the entire building depending on the use cases. Hydronic systems can use a single or combination of sources to produce heat some of them are bio-fuels, coal, natural gas, oils, wood or solar thermals to manage the cost. Some of the other applications of electric and hydronic systems can be used are for melting of snow or ice across pathways and roads, stadiums etc.

Growing number of automation in residential, commercial and industrial sectors, increasing awareness of the benefits of underfloor heating and increasing construction activities in commercial and residential across the globe are some of the factors that would drive the growth of global Underfloor Heating Market. Designing of Underfloor Heating Systems and slow response time associated with underfloor heating systems are expected to hinder the growth of the Underfloor Heating Market to the certain extent.

The global Underfloor Heating Market can be segmented on the basis of floor type, component type, application and region. On the basis of floor type, the global Underfloor Heating Market can be segmented into Tile, Stone, and Polished Screed, Wood Flooring, Laminate Flooring, Vinyl Flooring and 6 Rubber and Carpet Flooring. On the basis of component type, the global Underfloor Heating Market can be segmented into Electric System Components and hydronic System Components. The electric system components can be further segmented into heating mats, heating cables and thermostat and sensors. The hydronic System Components can be further broken down into heating pipes, manifolds and thermostat and sensors. On the basis of application, the global Underfloor Heating Market can be segmented into Healthcare, Entertainment, Industrial Sector, commercial and residential. On the basis of region, the global Underfloor Heating Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America and Europe Underfloor Heating Market accounts for a larger share in the global market. 

Some of the key players in the global Underfloor Heating Market include Uponor Corporation, Danfoss A/S, Emerson Electric Co., Pentair PLC, Robert Bosch GmbH, Honeywell International PLC, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG, Warmup, Incognito Heat Co. and Nexans S.A.


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Thin film is used to convert solar rays into electrical energy by application of photovoltaic effect. It consists of one or more thin layer of photovoltaic material on substrate such as metal, plastic and glass. The thickness of these cells varies from few nanometers to micrometers and are relatively lightweight and flexible. These cells are ideal for variety of applications, owing to their non-penetrating peel and flexibility; and hence are widely employed for residential, commercial, and utility purposes. Thin film solar cells are cost-effective and is an efficient way to transform sunlight into electricity. 

Increasing electricity consumption is the prime reason that will drive the thin film solar cells market during forecast period. However, the raising R & D activities to improve energy efficiency will further propel the growth of this market. In addition, the factors accounting to the increasing consumer awareness about green energy, proper installation flexibility, and performance efficiency of thin film solar cell also propagate the growth of this market. Lack of awareness on available financial incentives and complex product design coupled with high initial setup may hamper the growth of this industry.

Globally, Europe dominates thin film solar panels market and Latin America is expected a high growth rate during the forecast years, owing to the upsurge investment in wind and solar sector in Brazil. On the basis of type, copper indium gallium diselenide (CIGS) is the leading this market, followed by cadmium telluride (CdTe), owing to its high performance activity and high absorption coefficient.

The global thin film solar panels market can be segmented on the basis of type, end-user, installations and region. On the basis of type, the global thin film solar panels market can be segmented into cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon. On the basis of end-user, the global thin film solar panels market can be segmented into residential, commercial, and utility. On the basis of installations, the global thin film solar panels market can be segmented into on-grid and off-grid. On the basis of region, the global thin film solar panels market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.

Some of the key players in the global thin film solar panels market include Ascent Solar Technologies Inc., First Solar, Global Solar, Inc., Hankey Asia Ltd., Kaneka Corporation, MiaSole Hi-Tech Corp., Mitsubishi Electric US, Inc., Oxford Photovoltaics, Trony Solar and Xunlight Kunshan Co. Ltd.


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Super grids are also known as “mega grid” or “smart grid” and is basically  a combination of regional power grids that are interconnected with one another. In order to reduce global environmental footprint super grids are being utilized across the globe leveraging the shared efficiencies and capabilities. Some of the advantages of using super grids are building more efficient energy highways over long distance that transmits more power in less space then required, reduce the generation by sharing the reserves between interconnected regions and integrating large-scale renewable energy sources such as wind, hydro or solar with High Voltage Direct Current (HVDC) and Flexible AC transmission system (FACTS). Through a properly planned network of high-voltage transmission systems spanning across countries that enables integration of renewable power on a bulk scale pose a lucrative opportunity for various vendors. On the other hand, a need for a regulatory coordination and political support for such large scale project needs to be addressed. In addition, to the complexity of development process involved in a super grid.

Advancement in infrastructure which consumes high energy input, as well as increase in the usage of renewable energy sources with the integration of conventional grid scale technologies, growing government spending in grid-scaling using HVDC transmission coupled with numerous numbers of planned projects using HVDC cables are some of the factors that would drive the growth of Super Grids market. In addition to the growing demand for electricity growing on a global basis and concerns over climate change are certain other factors to boost the super grid market. Cost issues related to the raw materials especially in developing countries and prolonged commercial licensing procedures are expected to hinder the growth of the super grids market to the certain extent.

The global Super Grids market can be segmented on the basis of type, application and region. On the basis of type, the global Super Grids market can be segmented into Field Area Network, Grid Operations, Grid Security, GridBlocks Architecture, Transmission and Substation and utility networks. On the basis of application, the Super Grids market can be segmented into Commercial use, Industrial use, Public utilities and Others. On the basis of region, the global Super Grids market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America and Europe super grids market accounts for a larger share in the global market.

Some of the key players in the global Super Grids market include ABB, Alstom Grid, Schneider Electric SA, Siemens AG, Alcan Cable, American Superconductor Corporation (AMSC), AZZ Incorporated, Bharat Heavy Electricals Limited (BHEL), China Electric Power Equipment and Technology Co., Ltd. (CET) and Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) among others.


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The mounting need for integrated security and safety systems coupled with the reduction in operational costs are some of the major factors driving the market.

On the basis of region, Europe is expected to dominate the smart buildings market during the forecast period, owing to the augmented initiatives by the region’s governments for development and innovation of building’s smart and intelligent structures. Moreover, in Europe initiatives to push smart and zero energy buildings, with compulsory changes to country level building codes and the Energy Performance of Buildings Directive (EPBD), are also responsible in propagating the growth of this market to enhance existing infrastructure.

Factors like high initial investment costs for construction of a smart building may hamper this market. Building owners and end users often do not realize that the cost is primarily dependent on the complexity involved in integrating different applications. However, growing efforts by manufacturers, facility managers, and governments to increase customer awareness of the long-term benefits of installing building automation systems are expected to reduce the impact of this restraining factor during the forecast period. 

On the basis of solutions, services segment is expected to have a largest share of smart building market, owing to the building standards and protocols that are responsible for the innovation of smart buildings. Whereas, on the basis of product, Building Management System (BMS) holds the maximum share accounting to the technical developments like Internet of Things (IoT) and cloud computing.

The global smart buildings market can be segmented on the basis of solution, product and region. On the basis of solution, the global smart buildings market can be segmented into Software, Hardware and Services. On the basis of product, the global smart buildings market can be segmented into Building Management System (BMS), Heating, Ventilating, & Air Conditioning (HVAC), lighting control, security & access control, emergency alarm & evacuation system and audio & visual effects. On the basis of region, the global smart buildings market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.

Some of the key players in the global smart buildings market include ABB Group, Siemens AG, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., and United Technologies Corporation. 


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Produced Water Treatment is basically the leftover highly saline water that is typically trapped in the reservoir rock minerals during the extraction of oil and gas from the underground. It contains impurities such as metals and hydrocarbons which needs to be filtered and treated before using it for any other applications or to be discharged to surface water. Various government such as local and state-level as well as other agencies have imposed regulations governing the process, treatment and re-use of the produced water to limit the impact on the environment as well as public. The primary aim of the oil and gas operator is to use a low-cost disposal option to discharge produced water to the surface and must meet with the limits set by regulators. Certain minor parameter must be set such as specific constituents of concern such as ammonia or barium that can be toxic to sensitive animal and plant-life. Some of these parameters can be broadly classified such as Total Dissolved Solids (TDS) or Sodium Adsorption Ratio (SAR) that can affect several aspects of the environment. Various techniques are being used to treat processed water through chemical treatments and phase separation. 

Lower disposal costs, increasing in the advancements in water treatment technologies, growing number of environmental regulations are some of the factors that would drive the growth of produced water treatment market. in addition, to the growing number of mature fields and re-use of produced water for daily operations across industries would in turn boost the produced water treatment market to a certain extent. challenges in the integrating the system on to the existing infrastructure, accurate quantification of produced water and operational complexity of treating produced water are expected to hinder the growth of the produced water treatment market. In addition, to the challenges such as acceptance amongst the public and configuration of the operation in the optimal level would pose a threat in the coming years.

The global Produced Water Treatment market can be segmented on the basis of mode of separation, application and region. On the basis of mode of separation, the global Produced Water Treatment market can be segmented into onshore and offshore. On the basis of application, the Produced Water Treatment market can be segmented into primary, secondary, tertiary and Others On the basis of region, the global Produced Water Treatment market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. North America produced water treatment market accounts for the largest share of the total market and Asia-pacific Produced Water Treatment market is expected to gain higher traction during the forecast period.

Some of the key players in the global Produced Water Treatment market include Fmc Technologies Inc.,Baker Hughes Incorporation, Enviro-Tech Systems, General Electric, Halliburton Company, Mineral Technologies Inc., Ovivo Water Ltd., Schlumberger Ltd., Siemens Ag, Suez Environnement Group, Veolia Environnement, Weatherford International Ltd. and Schlumberger Ltd. among others.


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The technique that is used to augment the crude oil amount that can be extracted from the reservoir is referred to as chemical enhanced oil recovery. In this procedure, the oil recovery is improved by injecting substance into the oil well so as to increase pressure and diminish crude oil viscosity. In traditional process, the recovery from oil well is over 25% of the oil reserve capacity whereas with the help of EOR techniques around 70% of the oil can be extracted from the reservoir. In instances of heavy oil reservoir where extraction of crude from primary recovery is difficult, the techniques of EOR such as thermal injection are broadly used to enhance the oil recovery process. However, in cases when the reservoirs are deep or too thin, this technique is not effective. Also, high capital investment is required in case of thermal injection technique which may offer feasible solution in case of smaller oil fields. In similar manner, the techniques of chemical injection are highly effective to boost the yield in case of wet oil reservoirs. High usage of gas injection techniques as tertiary recovery method especially CO2 injection techniques are anticipated to step up the enhanced oil recovery market growth.

Owing to declining oil prices since last years, the global enhanced oil recovery market is gaining traction that has negatively impacted the profit margin of oil producers. But, rising number of matured reserves along with large production of shale gas is expected to fuel the market growth. Thereby, oil produce are focused on Enhancement Of Oil Production From Existing Wells as compared to investing in new wells. These factors are projected to fuel the growth of global enhanced oil recovery market. Other than this, the EOR gas injection technique offers more advantage for the commercial scale usage of carbon dioxide (CO2) produced by different industries and power plants along with government initiatives for the green house gases disposal is anticipated to fuel the demand of enhanced oil recovery market over the future years.

The global enhanced oil recovery market is classified based on technology and region. The various technologies used in the global enhanced oil recovery market include chemical, gas, and thermal. Depending upon geography, this global market is segmented into Europe, Asia Pacific, North America, Latin America and Middle East & Africa.

Amongst the technology-based market segments, the thermal injection technology market segment for enhanced oil recovery commands the major share in the global market. This segment commands over 50% of the total enhanced oil recovery market. However, in the forecast years, increasing rate of adoption of other enhanced oil recovery technologies and the maturing market for thermal injection technology will delay the progress of this segment.

Geographically, North America holds a majority of share in the overall enhanced oil recovery market. The Latin American as well as Middle East & African market commands second largest share in the global enhanced oil recovery market. The Middle East & Africa and European regional segment will attain success in the enhanced oil recovery market owing to the presence of huge oil reserves in the Middle East. The European market will prosper owing to the initiation of various projects in Russia in the future.

Some of the major players profiled in the global enhanced oil recovery market include ExxonMobil Corporation, Cenovus Energy Inc, Anadarko Petroleum Corporation, Royal Dutch Shell Plc, BP Plc, Chevron Corporation, and Statoil ASA.


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Solar Pump is a pump which drives on electricity that is generated by thermal energy or photovoltaic panels in which solar energy is directly converted into direct current electricity. These solar pumps last for more than 16 years on field. Expanding farming exercises combined with water extraction for water system in view of sustainable power source is relied upon to drive the worldwide solar power pumps in the coming years. Nations, for example, China, India, Bangladesh, Pakistan, Morocco, Kenya, Namibia, and Nigeria have set focuses to lessen petroleum product imports and advantage fiscally from it. These locales have inexhaustible sun oriented vitality supply with an enormous sustainable power source tapping potential. This factor is required to enlarge sun powered pump showcase development over the conjecture time frame. Expanding government endowments from as money related impetus to introduce solar power pumps is additionally anticipated that would drive the market development over the figure time frame. Expanding reliance on sustainable power source construct items in light of record of exhausting petroleum derivative stores is likewise anticipated that would drive sunlight based pumps advertise over the figure time frame. 

Solar pumps are also often termed as Solar PV water pumping systems. These pumps are extremely useful at the times when grid electricity is unreachable and substitute sources (in particular wind) do not provide adequate energy. Moreover, advancements in agriculture, better demand for other water intensive industries coupled with increasing government support (tax and subsidies benefits) are the major factors driving the growth in solar pumps market. Solar power pumps are fundamentally utilized for farming and drinking water purposes. They are utilized as a part of remote areas where off-lattice vitality as power isn't accessible. Utilization of sun based vitality to drive draws chop down the working cost, which is significantly devoured as diesel. Stringent government directions to lessen carbon impressions into the environment are relied upon to expand sunlight based pumps showcase development throughout the following seven years. Sun oriented vitality utilized for water pumps does not produce any carbon impressions into the air and gives a spotless wellspring of vitality. Government sponsorships as monetary motivating forces to ranchers and solar power pump makers are relied upon to surge the market growth in coming years. In any case, high starting cost coupled with customary diesel pumps is expected to deter the market growth to some extent.

The global Solar pumps market is segmented on the basis of product application and geography. On the basis of product, the global solar pumps market can be segmented into DC surface suction solar pumps, ac submersible solar pumps, DC submersible solar pumps, ac floating solar pumps. On the basis of application, the market is segmented into agriculture and drinking water. On the basis of geography, the global solar pumps market can be segmented into North America, Europe, Asia-Pacific and Latin America and Middle East and Africa.

Some of the major companies in the global Solar pumps market are Lorentz, SunEdison, Grundfos, USL, Bright Solar, CRI Pumps, TATA Power Solar Systems Ltd., and Shakti Pumps.


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Solar cell is especially made by setting at least one layers of photovoltaic material on a surface, for example, plastic, glass, or metal. The thickness of these cells shifts from couple of nanometers to micrometers and are moderately lightweight and adaptable. These cells are perfect for assortment of uses, attributable to their non-entering peel and adaptability. These are generally utilized for private, business, and utility purposes. Solar cell oriented cells are financially savvy and is an effective approach to change daylight into power. These movies possess the property of bandgap and require ten times lesser amount of material to ingest light when contrasted with silicon. Thin movies are less demanding to work with and used minimal effort substrate that make them moderately less expensive when contrasted with silicon. In addition, a few research exercises came about into the expanded proficiency of solar cell powered cell, which beat multi-crystalline silicon cells. 

Government activities to advance the reception of feasible vitality will drive worldwide sun based cells advertise measure. Tax breaks, low import obligation, budgetary help, endowment, nourish in duty and net metering are a portion of the plans acquainted by individual government with advance the business. Under National Sunlight based Mission (NSM) Legislature of India, has affirmed the financial plan of Rs. 50 billion for usage of Lattice Associated rooftop solar frameworks. This will advance and bolster the establishment of 4.2 GW housetop frameworks in the nation in coming years. Developing interest for the decentralized age frameworks among creating nations will expand the entrance of the sustainable power source in future. Universally, more than 1 billion of worldwide populace have no or poor access to power. Marks toward zap in off-framework areas will help the interest for sustainable power source in the close term. Developing interest for sustainable power source over traditional energizes combined with government measures toward vitality protection will supplement the market growth.. Progression of innovation with expanding generation limit has seen a decrease in general item framework cost which may further provide the opportunity for market growth. In addition, long term solar power purchase agreements as well as certain schemes such as feed in tariff and subsidies will further augment the demand for the on grid installation over the forecasted years. On the other hand, increment in mindfulness toward boosting efficient power vitality, ascend in vitality utilization universally, development in establishment adaptability, and cost and execution effectiveness of thin film solar cell. In any case, high introductory assembling cost and mechanical multifaceted nature related with the utilization thin-film solar cells is expected to deter the market growth to some extent. Moreover, rise in environmental concerns coupled with increase in the number of research activities in the field of thin film solar cells are required to give a significant development opportunity soon.

The global solar cell market is segmented on the basis of product and geography. On the basis of product, the global solar cell market can be segmented into silicon wafer and thin film. On the basis of geography, the global solar cell market can be segmented into North America.

Some of the major companies in the global solar cell market are Mitsubishi Electric Corporation, Jinko Solar, Trina Solar., First Solar, Canadian Solar, Moser Bear India, Yingli Solar, Sun Power Corporation, Sunedison, Inc., Indosolar. 


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Energy Harvesting, also known as energy scavenging is the process of capturing and accumulating the small amount of byproduct energy as heat, sound, light, vibration or movement. The energy captured can be used later in both low power and low voltage applications in portable or mobile markets such as consumer devices, medical equipment, industrial controls, transportation and military.

The energy captured is a residual energy as a byproduct of industrial process or environmental phenomenon and is known as the “free energy”. For instance, mechanical energy resulting from vibration, thermal energy heat escaped from furnaces and through other sources.

Increasing demand and awareness for power-efficient, safe and durable systems requiring minimum or no maintenance are anticipated to drive the market growth. Furthermore, growing trend for green energy, implementation of energy harvesting technology (IoT) in buildings and home automation and favorable initiatives by the governments is projected to fuel the market growth over the forecast period.

The energy harvesting technology helps in supporting the global problem of energy saving without depleting the forms of energy. The energy is harvested by scavenging wasted energy sources such as vibration, radio frequency (RF), incident light, electromagnetism, temperature gradient and human body functions or low-grade ambient energy.

The energy can be utilized as the alternate energy source for feeding the primary power source, hence enhancing the overall reliability of the system. The technology further reduces the dependency battery power. Increasing the governmental support for the energy harvesting and storage is anticipated to drive the market growth over the forecast period. Furthermore, advancements in the field of nanotechnology is anticipated to reduce the size of energy harvesting devices making the device portable, enhancing the market growth.

Shifting preferences of the consumer for energy saving technologies is anticipated to have direct positive impact on the demand in the market. However, high initial set up cost and lack of awareness spread for energy harvesting technology may hinder the market growth.

Motion Energy Harvesters is one of the few technologies launched in the year 2017, is in the form of fabric which is used for harvesting both sunshine and motion. The motion-generated harvester is developed by the team at the Georgia Institute of Technology. Since, the size of the devices is getting small, the demand for energy to power the gadgets increases, therefore the energy harvesting technology is utilized as the supplement for the battery power.

Europe is expected to be the leading regional market over the forecast period owing to the implementation of various technologies such as micro-electro-mechanical-system (MEMS). Furthermore, North America is also anticipated to hold major share in the market owing to the rising adoption of home automation, increasing demand of green energy resources, and industrial wireless network.

Some of the key players in the energy harvesting market are Perpetuum, EnOcean, Arveni, GreenTeg, Fujitsu, Siemens AG, ABB Ltd., Texas Instrument, Cymbet Corporation and Honeywell International.

 


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Waste to energy (WTE) is the procedure of utilizing waste to generate electricity or energy. Various technologies are being used to produce energy from waste source such as, municipal and domestic waste. Energy produced from the process can be in form of fuel, electricity, or heat.The Waste to energy management is considered as a major part of the waste disposal structure of any nation as it comes under renewable energy sources. The waste to energy market refers to electricity produced with usage of waste sources.

Fast change in consumption pattern and lifestyle of the population, along with relocation of the people to urban areas are generating urban waste accumulation, demanding for a better infrastructure for its safe disposal and reuse. Various organizations or energy-producing companies have invested into waste to energy market by organizing their facilities. Various types of waste that can be used in the waste to energy market including utilization of semi-solid waste discharged from the manufacturing plants, liquid waste like residential sewage and gaseous waste produced in refinery.

Waste to energy market can be bifurcated on the basis of technology used, as. thermal and biological. Thermal technology can be further segmented on the basis of combustion (excess oxygen), oxygen used in the process, pyrolysis (no oxygen). And gasification (partial oxygen). Biological process can be used in a procedure where anaerobic decomposition of the solid waste is required. In Asia Pacific, ignition is the most commonly used process in waste to energy market. Fire cuts the cost required in the conveyance of waste to landfills. It has been observed a significant growth in the production of municipal and industrial waste, challenging innovation in current waste to energy management technologies.

Geographically, the Waste to Energy market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Waste to Energy market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by technology, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Waste to Energy market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The rising technological advancements is anticipated to drive the Asia Pacific market for Waste to Energy in the future years. The major companies that are involved in Waste to Energy are C&G Environmental Protection Holdings Ltd., The Babcock & Wilcox Company, China Everbright International Limited, Suez Environment S.A, Waste Management Inc., Xcel Energy, Foster Wheeler AG and Veolia Environment.


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Waste management are the actions and activities essential to manage waste from its beginning to its final disposal. This are amongst other things transport, collection, treatment and disposal of waste together with monitoring and regulation. It also includes the legal and regulatory systems that relates to waste management realted guidance on recycling. The terms normally relates to all types of waste, whether the processing of raw materials into intermediate and final products, generated during the extraction of raw materials, the usage of final products, or other human activities, including agricultural, municipal (institutional, residential, commercial), and social (health care, sewage sludge, household hazardous waste) Waste management is intended to reduce adverse effects of waste on health, the environment or aesthetics.

The global waste management market has be categorized into type, industry and regions. On the basis of type the market has been segmented into solid, liquid, e-waste, plastic metals waste, and nuclear waste. Industry segment has be categorized into pharmaceutical, industrial, municipal among others.

The major factors driving the Waste Management market are Industries are concentrating more on waste management market in-order to decrease costs and increase their profitability. increasing pollution is leading to rise in amount of wastes not disposed is expected to drive market growth. Growing amount of hazardous wastes released by industries from different sectors such as healthcare and pharmaceutical, growing energy needs and growth in production activities have led to sound growth in this sector, various governments are increasingly funding development of waste management systems worldwide manufacturing is expected to fuel market growth over the forecast period. Increasing recycling costs are anticipated to be the major challenges to the waste management market. Further, increasing landfill prices and fuel costs may impact the market, lack of proper waste gathering infrastructure in many regions may also be a challenge to market growth.

Geographically, the Waste Management market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Waste Management market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by type, industry, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Waste Management market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The increasing pollution owing to rise in amount of wastes not disposed is anticipated to drive the Asia Pacific market for Waste Management in the future years. The major companies that are involved in Waste Management are GE Healthcare, Given Imaging, Inc., Cerner Corporation, Proteus Digital Health, Inc., Karl Storz GmbH & Co. KG, Fujifilm Holdings Corporation, Olympus Corporation, Medimetrics S.A. DE C.V, Pentax Medical Company, Boston Scientific Corporation, Bio-Images Research Ltd., and Capsovision, Inc.


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The process that includes capturing of heat exhausted by an existing industrial process is referred to as waste heat recovery. This waste heat is used for other heating applications that include generation of power and other applications in various industries. There are several ways of recuperating waste heat from industries. It has been assessed that around 20%-50% of industrial energy use is ultimately released as waste heat. The different sources of waste heat include hot combustion gases discharge into the atmosphere and transfer of heat from hot equipment exteriors. The waste heat recovery unit is usually a heat exchanger where the heat is recuperated from hot streams with high energy content. The following are the widely used waste heat recovery equipment such as HRSGs, industrial heating boilers, and turbines.

The global waste heat recovery in oil and gas market can be classified based on product type, application, end-user and region. On the basis of product type, the global market is classified into power generation and heating applications. Depending upon application, the global waste heat recovery in oil and gas market is segmented into steam & electricity generation, preheating, and others. According to the end-user, the global market is divided into chemical, cement, paper & pulp, metal production, and petroleum refining.

The global waste heat recovery in oil and gas market is expected to garner maximum revenue in the forecast period. Factors such as rise in unconventional oil and gas resources such as tight oil, CBM, shale oil, and shale gas that is in turn fuelled by the decline in the production and exploration of conventional oil reserves is propelling the growth of this market segment. However, stringent environment norms and technical challenges are expected to restrain the market growth to some extent.

Based on regions, the global waste heat recovery in oil and gas market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the global waste heat recovery in oil and gas market during the forecast period. The Asia-Pacific region is expected to witness the swiftest growth in the global waste heat recovery in oil and gas market.

The major companies that provide waste heat recovery in oil and gas include Alstom, Amec Foster Wheeler, Dongfang Electric, Harbin Electric, MHPS, Bono Energia, China Energy Recovery, Forbes Marshall, and Ormat Technologies ??????.


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A floating, production, storage and offloading (FPSO) vessel are a kind of floating production unit utilized for offshore production, storage and offloading of oil and gas. Normally, a FPSO vessel is a transformed oil tanker or a newly constructed FPSO unit. A FPSO is generally alike in appearance to a ship, prepared with processing and production facilities onboard. Additionally, FPSOs consist of offloading amenities for the purpose of carrying processed oil and gas to onshore receiving facilities through a shuttle tanker.

Continous expansion in oil & gas exploration and production in deep water, ultra-deepwater and offshore fields is expected to fuel the FPSO market growth in the near future. Rising oil & gas consumption globally, particularly in transportation and power generation sectors has been forcing players to discover more hydrocarbon reserves. Growing onshore reserves led oil & gas processes to explore in ultra-deepwater, deep water, and shallow offshore fields. Developing necessity for integrated compact systems in deep and ultra-deepwater offshore reserves to counter dangerous conditions is expected to lead FPSO market growth in the forecast period. The market is further anticipated to increase share in ultra-deep offshore regions due to cost-effective and well-organized production process with high yield potential. High installation cost for oil & gas transportation and production facilities in ultra-deep and deep sea is projected to further stimulate FPSO demand.

The major dynamics affecting the development of the market such as the key drivers, restraints, trends, and development changes in the market have also been added under this report. The development of the global FPSO market in different regions and the prime regions leading in this market have also been summarized under this study. The technological advancements taking place in the market and their impact on the advancement of the global FPSO market have also been presented under this study.

FPSO market can be bifurcated on the basis of type, as.converted FPSO, new-build FPSO and redeployed FPSO. Based on water depth the market has been categorized into shallow water, deepwater, and ultra-deepwater. Geographically, the FPSO market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The FPSO market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by Usage, component, type, water depth and regions supports in evaluating the present scenario, growth prospects and the future scenario for the FPSO market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The oil and gas exploration companies are concentrating on exploration of oil and gas, from onshore to offshore to drive the Middle East and Africa market for FPSO in the future years. The major companies that are involved in FPSO are SBM Offshore N.V., MODEC, Inc., Bluewater Energy Services B.V., BW Offshore, Aker Solutions ASA, Hyundai Industries Co., Ltd., Bumi Armada Berhad, Teekay Corporation, Yinson Holdings Berhad and Samsung Heavy Industries Co., Ltd.


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The digital technology that permits for two-way communication among the utility and its customers, and the detecting along the transmission lines is what makes the grid smart. Similar to the Internet, the Smart Grid contains controls, automation, computers, and new technologies and equipment working collectively, but in this case, these technologies will work with the electrical grid to respond digitally to our rapidly changing electric request. Switch of the production and distribution of electricity and electronic power conditioning and are important factors of the smart grid.

The smart grid software segment is anticipated to have the highest development rate during the forecast period. Smart grid communication allows hardware and software to work collectively to form a web network, enabling a utility grid with smart features such as distribution automation, substation automation, energy management, self-healing, real-time control, and increased reliability & security. This would benefit operators in decision-making and better scheduling of utility distribution and storage.

Sensors for smart grid is anticipated to gain the maximum traction in the smart grid market during the forecast period. Sensor is the essential hardware component that delivers real-time data of the electric grid installed in electric grids. Sensors progress utility performance and operation. They help in effective power management at the transmission, and consumption levels and play a vital role in the integration of power from various resources. A rise in number of smart grid projects in North America, Europe, and Asia would extremely increase the demand of the sensors.

Geographically the market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Amongst these North America is anticipated to hold the largest market share in the forecast period. The major driving factors are, advantageous government policies and mandates in North America help in operating the smart grid market. In addition, the regional government in the US are encouraging smart grid solutions and AMI meters. The key challenges faced in this market are, revenue loss occurred due to energy loss, the challenge of insufficient data management, and lack of motivation by electric utilities to improve the grid infrastructure. The major factor that is restricting the development of the smart grid market is the high initial costs for the positioning of technology solutions and lack of standardization and uniformity.

The Asia Pacific regional market is expected to gain a significant growth over the future period. The rising awareness among customers about the benefits of the smart Grid is anticipated to drive the APAC market for smart grid in the future years. The key companies that provide smart grid include ABB Ltd., Wipro Limited, Cisco Systems, Inc., Siemens AG, General Electric Company, Schneider Electric Sa, Itron, Inc., Oracle Corporation, International Business Machines Corporation, Landis+GYR and Open Systems International, Inc.


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Lithium-ion battery is a kind of rechargeable battery in which lithium ions transfer from the negative electrode towards the positive electrode during discharge and returns back while charging. Li-ion batteries are used in intercalated lithium compound, one electrode material when compared to the metallic lithium utilized in a non-rechargeable lithium battery. The electrolyte, which permits for ionic movement, and the two electrodes are the constituent components of a lithium-ion battery cell. Lithium-ion batteries are common in-home electronics. They are the most popular categories of rechargeable batteries for portable electronics, with a high energy density, tiny memory effect and low self-discharge. Lithium-ion batteries are growing popularly for military, battery electric vehicle and aerospace applications. For example, lithium-ion batteries are becoming a mojor replacement of the lead–acid batteries that have been used for utility vehicles and golf carts. As an alternative of acid electrolyte and Heavy lead plates the upcoming trend is to use light weight lithium-ion battery packs that can provide the same voltage as lead-acid batteries, so no modification to the vehicle's drive system is essential.

Global lithium ion battery market is bifurcated into type, power capacity, vertical and geography. Based on type, the market is bifurcated into lithium nickel manganese cobalt, lithium iron phosphate, lithium cobalt oxide, lithium titanate oxide, lithium manganese oxide, lithium nickel and cobalt aluminum oxides. On the basis of power type the market has been bifurcated into o to 3,000 mAh, 3,000 mAh to 10,000 mAh, 10,000 mAh to 60,000 mAh and more than 60,000 mAh. Lithium ion batteries on the basis of vertical the market has been categorized into aerospace and defence, consumer electronics, automotive, marine, power, medical and industrial.

Geographically, the lithium ion battery market has been bifrucated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The lithium ion battery market size and forecast period for each region has been estmated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China and India. The detailed analysis by type, power type, vertical and regions supports in evaluating the present scenario, growth prospects and the future scenario for the lithium ion battery market over the forecast period. Thus, the report provides in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions at the macro as well as micro levels.

The technological progression in the Lithium ion battery is anticipated to drive the APAC market for Lithium ion battery in the future years. The major companies that provide Lithium ion battery include GS Yuasa Corporation, BAK Group, BYD Company Ltd., , Samsung SDI Co., Ltd., Panasonic Corporation, LG Chem, Ltd,  Hitachi Ltd., Jhonson Controls Inc., Saft Groupe SA, Toshiba Corporation, A123 Systems, LLC, abd Valence Technology, Inc.


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