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The Secret Weapon For 3.19 Billion USD Worth Shunt Reactor Market 2022: Trends and Hidden Insights

The global shunt reactor market is projected to grow at a CAGR of 4.56% from 2017 to 2022. The global shunt reactor market is estimated to reach USD 2.56 Billion, which is projected to reach USD 3.19 Billion by 2022. The market in Asia Pacific is estimated to be the largest for shunt reactors, followed by North America in 2017. This trend is expected to continue till 2022. The growth of the shunt reactor market is driven by increasing demand for electricity, upgradation of the aging technology, and augmentation and modernization of the T&D network.

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The shunt reactor market is dominated by a few major players that have a wide regional presence and are established brand names. Companies such as GE (US), Siemens (Germany), ABB (Switzerland), Crompton Greaves (India), and Fuji Electric (Japan) are the leading players in the shunt reactor market.

Major strategies adopted by the key players in shunt reactor market include contracts & agreements and expansions and investments. Contracts & agreements was the most commonly adopted strategy by these players from 2014 to February 2017. ABB (Switzerland) and Siemens (Germany) are among the leading players in the shunt reactor market.

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ABB is a technology leader which engages in the development and provision of power and automation technologies. The company operates through the following segments: electrification products, discrete automation and motion, process automation, power grids, corporate, and others. The electrification products division provides solutions for low- and medium-voltage switchgear, breakers, switches, control products, wiring accessories, and installation materials. Contracts & agreements is one of the main strategies adopted by the company.

Siemens, the German multinational conglomerate is another leading global player in the shunt reactor market. The company’s focus is on positioning itself as a pioneer along the entire electrification value chain with its respective business units. For this, it has designed a comprehensive strategic framework and plans to follow it in order to improve its business, management, and customer focus in the near future. It has acquired two main companies which can help to strengthen its position in the shunt reactor market.

Asia Pacific is currently the largest market for shunt reactors, followed by North America and Europe. China accounted for a majority share in the Asia Pacific region and is projected to grow at the highest CAGR from 2017 to 2022. In developing countries such as China and India, factors such as strong growth in the demand for electricity fueled by high levels of urbanization, industrialization, infrastructural developments, and subsequent investments in developing T&D networks, would spur the demand for shunt reactors.

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MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Opportunity for Artificial Lift Market to Reach $9.69 Billion by 2021

An increase in deep and ultra-deep offshore exploration, along with the growing demand in enhanced productivity requirement, is driving the artificial lift market. Reserves that were earlier considered uneconomical and abandoned, are now getting productive with the use of artificial lift technology. The three-fold rise in subsea production since 2000 has resulted in an unprecedented growth of this market in deep and ultra-deep waters in countries such as Brazil, Gulf of Mexico, Angola, and Nigeria.

The lifts can be broadly categorized as Rod lift, Electric Submersible Pump (ESP), Progressive Cavity Pump (PCP), and Gas lift; each of these are employed for specific wells depending upon the well characteristics and are suitable for specific lifting requirement. Thus, the dominance of a particular lift type changes from region-to-region. Canadian wells are characterized by heavy oil and bitumen production which is driving the PCP market at a growth rate of 10.4%. It has also been observed that the leading players in this market have core competencies in particular lifts and are focused in that technology in specific regions.

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The most common form of artificial lift is the Rod lift that has the maximum penetration by installations. U.S. has the highest potential of Rod lift business and is expected to grow by 6.6%. This will also boost the revenues of component manufacturers such as sucker rods. ESP is mostly used in secondary recovery fields and has the maximum market share by revenue. Russia has the largest market for Electric submersible pumps and is expected to have a modest demand; however, Latin American countries are anticipated to witness the maximum growth. Heavy oil reserves in Canada, Venezuela, and Nigeria drives the demand for PCP in this market. The highest growth is observed in Gas lifts, with high potential in the U.S.; however, it is limited by its requirement of natural gas source at its vicinity.

About 91% of the wells globally, are equipped with the artificial lift system. The penetration of lift systems varies across regions depending on the well maturity. The Middle East and the African regions presently have the least penetration, though, over the passage of time as the wells continue to reach their enhanced recovery stage, it will provide a gigantic opportunity in countries such as UAE, Saudi Arabia, Oman, Kuwait, Nigeria, Angola, etc. This could be a major focus area for equipment manufacturers.

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The Capex analysis of oil producing companies is a critical factor to estimate the demand for equipment. The global Capex is expected to grow at about 9.5% till 2018. Perhaps, it will be allocated to subsea operations in Africa and Latin America. This will provide a high scope to the players in this market.

The ecosystem of the artificial lift market is undergoing a major transformation, marked by mergers & acquisitions, new products development, and alliances. The oil producing companies are developing next generation equipment to recover high pressure and high temperature hydrocarbon resources. Equipment companies are embarking on a horizontal integration. The various factors coupled with technological innovations are expected to drive this market at a CAGR of 9.5% till 2018.

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About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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This Report Carbon Capture Sequestration Market Will Help You Get on a Conclusion That Works

The report Carbon Capture and Sequestration Market by Service type (Capture (Pre-Combustion, Post-Combustion, & Oxy-Fuel), Transport, and Sequestration), by Application (EOR, Industrial, and Agricultural), and by Region – Global Trends and Forecast to 2021″, The carbon capture & sequestration market is projected to grow from an estimated USD 4.25 Billion in 2016 to USD 8.05 Billion by 2021, at a CAGR of 13.6% from 2016 to 2021. Factors such as growing demand for power & CO2-EOR techniques and rising environmental concerns across the globe are driving the market.

The report segments the carbon capture & sequestration market based on services into capture, transport, and sequestration. The capture segment recorded the largest market size in 2015. This segment has further been segmented into pre-combustion, post-combustion, and oxy-fuel. Pre-combustion segment held the largest market size in 2015, given an increase in the number of pre-combustion projects.

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Industrial Application the fastest growing segment of carbon capture and sequestration

The industrial application segment is expected to grow at the highest CAGR during the forecast period. Industrial processes such as cement production, natural gas processing facilities, food & beverage manufacturing emit huge amount of greenhouse gas, and hence, the demand for carbon capture and sequestration technology is expected to increase in industries to reduce emissions.

Capture Service the largest segment in the carbon capture & sequestration market

The capture segment occupied the largest market share in the carbon capture & sequestration market in 2015. The segment has further been segmented into pre-combustion, post-combustion, and oxy-fuel. In 2015, the pre-combustion segment held the largest market share, owing to increase in number of projects.

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The report segments the carbon capture & sequestration market based on services into capture, transport, and sequestration. The capture segment recorded the largest market size in 2015. This segment has further been segmented into pre-combustion, post-combustion, and oxy-fuel. Pre-combustion segment held the largest market size in 2015, given an increase in the number of pre-combustion projects.

The carbon capture & sequestration market has also been classified based on application into EOR process, industrial, agricultural, and others. The demand for EOR process is expected to increase during the forecast period, due to its usage in a wide range of applications in the oil & gas industry.

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North America to dominate the market

In this report, the carbon capture & sequestration market has been analyzed with respect to six regions, namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East. North America is estimated to dominate the market, owing to factors such as more number of coal- and gas-fired power plants, which emit more greenhouse gases when compared with other sources of power generation. Furthermore, Supreme Court of the United States has proposed a carbon trading scheme, named US Clean Power Plan on February 2016, which is expected to be implemented from 2017. 

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Progressing Cavity Pump Market by Power Rating (Up to 50 hp, 51-150 hp, Above 150 hp), End User (Oil & Gas (Application, Well Type), Water & Wastewater, Food & Beverage, Chemical & Petrochemical, and Others), Region – Global Trends and Forecast to 2023″

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

Portable Filtration Systems Market Witness Unprecedented Growth in Coming Years

The global portable filtration systems market is projected to grow at a CAGR of 3.93%, from 2017 to 2022. The market in Asia Pacific is estimated to be the largest for portable filtration systems, followed by the market in North America in 2017. This trend is expected to continue till 2022. The growth of the portable filtration systems market is driven by the growth in power generation and manufacturing industries together with stringent environmental regulations around the world.

The portable filtration systems market is dominated by a few global players. The key players operating in this market include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US).

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Major strategies adopted by the players include new product launches, mergers & acquisitions, and investments and expansions. New product launches was the most commonly adopted strategy from 2014 to September 2017. Industry players also adopted mergers & acquisitions and investments and expansions, which were the first and second most widely followed strategies, respectively, after new product launches during the same period.

Parker-Hannifin was founded in 1918 and is headquartered at the US. The company is among the leading manufacturers of industrial filtration equipment. The key industries targeted by the company for filtration services are aerospace, food & beverage, industrial machinery, life sciences, marine, oil & gas, power generation, renewable energy, transportation, and water purification. Parker Hannifin operates in more than 50 countries through a wide network of distributors and dealers. The company lines the root of its business through two major business segments, namely, diversified industrial and aerospace systems.

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Eaton was founded in 1911 and is headquartered in Ireland. Eaton is a diversified power management company that offers solutions to manage electrical, hydraulic, and mechanical power. The company caters vast clientele from different industrial verticals such as oil & gas, power generation, marine, pharmaceutical, and fine chemicals.

Objectives of the Study:

  • To provide detailed information on the major factors influencing the growth of the portable filtration systems market (drivers, restraints, opportunities, and industry-specific challenges)
  • To define, describe, analyze, segment, and forecast the global portable filtration systems market by technology, end-user, flow rate, and region
  • To forecast the revenue of market segments with respect to five main regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East and Africa
  • To analyze market opportunities for stakeholders in the portable filtration systems market and draw a competitive landscape for market players
  • To strategically analyze the portable filtration systems market with respect to individual growth trends, future expansions, and contributions to the market
  • To compare key market players with respect to market share, product specifications, and applications

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

The Ultimate Guide and Latest Research on Solid Oxide Fuel Cell Market till 2025

The global solid oxide fuel cell market is projected to grow at a CAGR of 13.88%, by value from 2017 to 2025. The market in North America was the largest in 2016 and is projected to hold the largest share by 2025, followed by the markets in Asia Pacific and Europe. The growth of the solid oxide fuel cell market is mainly driven by government subsidies and fuel cell programs in countries, such as the US and Japan, increasing demand for efficient power generation and stringent emission norms in Europe and North America.

The solid oxide fuel cell market is dominated by a few global players. The key players in this market include Bloom Energy (US), Aisin Seiki (Japan), SOLIDpower (Italy), Sunfire (Germany), UnderSea Sensor Systems, (US), and Atrex Energy (US).

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Major strategies adopted by the players in the solid oxide fuel cell market over the period 2014 to 2017 (September) included contracts & agreements, joint ventures and collaborations, mergers & acquisitions, strategic alliances, and expansions and partnerships, of which contracts & agreements was the most widely used. The second most preferred strategy was joint ventures and collaborations, which included a joint venture between Bloom Energy and SoftBank (Japan) to commercialize SOFC products in Japan.

Bloom Energy (US) is a leading solid oxide fuel cell manufacturing company. The company’s core business is the supply of SOFC-based distributed power generation solutions to its commercial and retail customers as well as other end-use segments such as data centers and military bases. The company’s operation is primarily based in the US. The company, however, has also expanded its operations to Japan and India and has megawatt-scale installations in these countries. The company is focusing on contracts & agreements as its major growth strategy and has installed several of its products in retail chains, data centers, and commercial buildings.

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Aisin Seiki (Japan) is one of Japan’s leading engineering and manufacturing company. The company operates through six major segments, namely, drivetrain-related, body-related, brake and chassis-related, engine-related, information-related, and lifestyle-related. The company manufactures SOFC products through its lifestyle-related segment, wherein it offers small micro tubular combined heat and power-based solid oxide fuel cell for residential and commercial end-use.

In this report, the solid oxide fuel cell market has been analyzed with respect to three regions, namely, North America, Asia Pacific, and Europe. The market in North America is expected to lead the global solid oxide fuel cell market during the forecast period due to increasing demand for efficient power generation and government subsidies.

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About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

This Report of Small Gas Engines Market Eliminates all Myth about Industry 2021

The global small gas engines market is estimated to grow at a CAGR of 4.15%, from 2016 to 2021. North America and Europe are likely to be the largest markets for small gas engines. The small gas engines market is mainly driven by growth in the construction industry and demand for outdoor power equipment in applications such as gardening and construction.

Briggs & Stratton Corporation (U.S.), Kohler Co. (U.S.), Honda Motor Co., Ltd. (Japan), Yamaha Motor Corp. (Japan), and Kawasaki Heavy Industries (Japan) are the market leaders in the small gas engines market.

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Strategies employed by various companies in the small gas engines market include contracts & agreements, new product launches, expansions, and mergers & acquisitions. New product launches were the most adopted strategies out of these.

Briggs & Stratton Corporation is one of the largest manufacturers of small gas engines in the world. The company operates through two segments, namely, engines and products. The engines segment is the core business of the company, which is the key engine supplier for outdoor power equipment manufacturers such as MTD Products, Inc., Husqvarna Outdoor Products Group, and Deere & Company, among others. 

The major restraint for the industry is the price of small gas engines. Consumers are buying cheap equipment from merchandisers or retailers at low prices. These merchandisers or retailers are pushing Chinese products that are available at lower prices but are of low quality. This price war has pushed manufacturers to a point where they have lost the ability to sell their engines at a premium.

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Kohler Co., under its engines and generators division, manufactures and markets generators and engines. The company manufactures general purpose small gas, diesel, and mixed fuel engines, which cater to applications such as lawnmowers, agricultural tillers, industrial pressure washers, and generators, among others.

Small gas engines are used in various outdoor power equipment like chainsaws, rotary tillers, hedge trimmers, string trimmers, concrete vibrators, concrete screeds, lawnmowers, leaf blowers, snow blowers, portable generators, pressure washers, and edger’s, among others. There is high demand for lawnmowers, which is one of the factors that is likely to drive the growth of the small gas engines market. The residential and commercial construction market accounts for a majority of lawn mower equipment sales. Equipment sales are primarily driven by increasing adoption of landscaping in various regions.

Target Audience:

The report’s target audience includes:

  • Small gas engines manufacturers
  • Outdoor powered equipment companies
  • Government and industry associations
  • Outdoor Power Equipment Institute

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About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

Witness the Excellent Long-Term Growth Outlook of Bioliquid Heat and Power Generation Market 2022 (2.29 Billion USD Market)

The global bioliquid heat and power generation market was valued at USD 1.57 Billion in 2016 and is projected to grow at a CAGR of 6.54%, during the forecast period, to reach USD 2.29 Billion by 2022. The increased recycling of waste products, reduction in carbon emissions, and availability of technology to convert feedstocks to liquid biofuels are the major factors driving the bioliquid heat and power generation market. Improving energy security is one of the major opportunities for this market.

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The report segments the bioliquid heat and power generation market, by application, into heat production and electricity generation. The heat production segment is estimated to lead the bioliquid heat and power generation market in 2017. The heat production segment is also projected to grow at the fastest rate during the forecast period due to the easy availability of feedstocks for heat production. In Europe, the major demand for heat production is from the residential sector. This will boost the overall heat production market.

Based on type, bioethanol segment accounted for the largest market size in 2016. Bioethanol is a type of bioliquid generated from feedstocks such as sugar, wheat, and maize. The bioethanol market accounted for more than half of the bioliquid heat and power generation market in 2016. These factors are expected to drive the bioethanol segment of the bioliquid heat and power generation market, by type.

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The bioliquid heat and power generation market has been analyzed with respect to 4 regions, namely, Europe, North America, Asia Pacific, and the rest of the world. The market in Europe is expected to lead the global bioliquid heat and power generation market by 2022. The market size in this region can be attributed to the increasing focus on the renewable energy sector, of which bioliquid is a part. Countries such as Germany, the UK, and France are the key markets for bioliquid heat and power generation in Europe. The stringent regulatory framework regarding bioliquids in the region is expected to drive the market in Europe.

Objectives of the Study

  • To define, describe, segment, and forecast the global bioliquid heat and power generation market based on application, type, and region
  • To provide detailed information regarding the major factors influencing the growth of the bioliquid heat and power generation market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the bioliquid heat and power generation market with respect to individual growth trends and contributions of each segment to the market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for companies in this industry
  • To strategically profile key players and comprehensively analyze their market shares.
  • To track and analyze competitive developments such as contracts & agreements, investments and expansions, new product developments, and mergers & acquisitions in the bioliquid heat and power generation market

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Progressing Cavity Pump Market by Power Rating (Up to 50 hp, 51-150 hp, Above 150 hp), End User (Oil & Gas (Application, Well Type), Water & Wastewater, Food & Beverage, Chemical & Petrochemical, and Others), Region – Global Trends and Forecast to 2023″

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

Ring Main Unit Market Explores New Growth Opportunities by Leading Manufactures

The global ring main unit market is projected to grow at a CAGR of 8.35% from 2017 to 2022. In 2016, Asia-Pacific was estimated to be the largest market for ring main unit, followed by Europe and North America. This trend is expected to continue till 2022. The growth of the ring main unit market is driven by modernization of existing power infrastructure and smart distribution networks.

The ring main unit market is dominated by a few global players which includes ABB, Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation PLC (Ireland), Siemens AG (Germany), and General Electric Company (U.S.).

Get Sample Copy of Report@ https://www.marketsandmarkets.com/requestsample.asp?id=51228954

Major strategies adopted by players in the ring main unit market include contracts & agreements, expansions, new product developments, and mergers & acquisitions. Contracts & agreements were the most commonly adopted strategy from 2013 to 2017 and accounted for more than 58.1% of the total market share. Industry players also adopted expansions, which was the second most widely followed strategy from 2013 to 2017.

ABB, Ltd. is a technological leader in electrical products, which caters to a wide range of industries such as transmission, distribution, renewable generation, utilities, industry, marine, and oil & gas among others. It conducts its business through four segments, namely, power grids, industrial automation, robotics & motion, and electrification products.

The report segments the ring main unit market on the basis of application into distribution utilities, industries, and infrastructure & transportation. The distribution utilities sub-segment accounted for the largest market share in 2016. This segment is also expected to witness the highest CAGR during the forecast period, due to increasing investments in the power sector in Asia-Pacific to augment generation capacities to meet the growing power demand in the region.

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Eaton is a diversified power management company that is driven by five business groups, namely, electrical products, electrical systems & services, hydraulics, aerospace, and vehicle segments. The company provides ring main units under its medium voltage switchgear segment of its electrical products and electrical systems & services division. 

Key questions

  • Which key players have strong advantage on price? Who are the key contenders in the unorganized market?
  • Which are the new opportunity areas and what are the best sales channels to gain a quick entry?
  • Which industry segments have simpler buying process, and which vertical are switching their existing switching solutions to RMUs?

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

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