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Furfural Market Size to Rise at a Moderate CAGR of 5.5% from 2018 to 2026

The global furfural market was valued at US$ 416.97 Mn in 2017 and is anticipated to expand at a CAGR of 5.5% from 2018 to 2026, according to a new report titled ‘Furfural Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR). Rise in demand for furfuryl alcohol is driving the global furfural market. Asia Pacific accounts for major share of the global furfural market, led by the increase in usage of furfural in the manufacture of furfuryl alcohol in the region.

Substitution of Fossil Fuel Resources with Renewable Alternatives

Increase in concerns about the adverse effects of fossil resources has led to the need for replacement of these fuels with renewable alternatives. Of late, furfural has gained renewed attention as a potential platform for the production of biofuels and biochemicals. U.S. Department of Energy selected furfural as one of the top 30 platform chemicals that can be derived from biomass. Furfural possesses attractive thermosetting properties such as physical strength and corrosion resistance. Furfural is mainly manufactured from biomass. Furfural is less costly and abundantly available. The yield and production of furfural and its derivatives need to improve significantly for the chemical to compete with petroleum-based products. Companies have developed a new technology to produce furfural. This has led to better yield and lower steam consumption vis-à-vis the traditional process. The technology is anticipated to gain wide acceptance in the market in the near future. This is estimated to lower the cost of furfural in the next few years.

Rise in Demand for Furfuryl Alcohol

Furfuryl alcohol is a commonly derived chemical from furfural. It accounts for almost 80% of the total consumption of furfural. Furfuryl alcohol is the major ingredient in furan foundry binders. This reactive alcohol plays a vital role in the production of foundry sand binders. It has been extensively used to produce cores and molds for metal casting since more than 40 years. Large portion of furfuryl alcohol is purchased by foundry binder suppliers. The chemical possesses properties such as low viscosity, high reactivity, and excellent solvent characteristics. This has boosted its usage in other fields. Furfuryl alcohol is employed in the production of abrasive wheels and adhesives based on urea–formaldehyde resins due to its wetting-dispersant property. It is also used in the production of tetrahydrofurfuryl alcohol (THFA), which is employed as a solvent in the pharmaceutical industry. Furfuryl alcohol is primarily employed in the production of furan resins employed for foundry sand binders in the metal casting industry. Currently, furfuryl alcohol is used widely in binders for traditional furan no-bake systems. In smaller quantities, it is employed in furan hot-box, warm-box, and gas-hardened processes. In its key application, i.e. the foundry sector, furfuryl alcohol competes primarily with phenol, the feedstock for phenolic resins. Thus, increase in demand for furfuryl alcohol in foundry applications is boosting the furfural market.

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Inefficient Production Leading to Low Yield and High Product Price

Currently, furfural is commercially produced by any of the following major manufacturing processes: Quaker batch process, Chinese batch process, and Rosenlew continuous process. Modern commercial production processes are inefficient (25–35 t steam t−1 furfural) and also give low yield (<50 mol% of theoretical). The cost of running plants is high, as the yield from production processes is less than 50%. This results in high product price. The price of furfural needs to be low for it to achieve higher penetration in various end-user industries.

Production processes generate significant quantities of wastewater. This wastewater, which is contaminated with acetic acid and other organic compounds, is expensive to treat. Several China-based furfural plants are compelled to either treat their effluents or cease production.

Asia Pacific Dominates Global Furfural Market

In terms of demand, Asia Pacific is expected to hold dominant share of the furfural market during the forecast period. The furfural market in the region is anticipated to expand at a faster pace than that in other regions during the forecast period owing to the rise in consumption of furfural in foundry and chemical industries in the region. The furfural market in Middle East & Africa is anticipated to expand due to the rise in demand for furfural in the metal casting industry in the region. Latin America, especially Brazil, is projected to be an emerging region of the global furfural market during the forecast period. The market in Europe and North America is estimated to expand at a substantial pace during the forecast period due to the presence of well-established fertilizer and chemical manufacturing industries in these regions.

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Precious Metal Market Key Players, Industry Overview, Supply Chain and Analysis to 2018-2026

Precious Metal Market: Overview

Precious metals are naturally occurring metals that are relatively rare and difficult to find. The rarity of precious metals has traditionally given them a high economic value throughout history. Precious metals are valued for as investments, art, jewelry, and commodities. These metals possess high luster and are usually ductile. Thus, they tend to be less reactive than most elements. Precious metals are primarily regarded as investments and industrial commodities. Platinum group metals and gold are some of the prominent precious metals. Coinage metals such as silver and gold are consumed in industrial applications. These metals are known for their usage in jewelry and art.

Precious Metal Market: Key Segments

The precious metal market can be segmented based on type, end-user industry, and region. Based on type, the precious metal market can be divided into rhodium, platinum, gold, ruthenium, iridium, osmium, palladium, rhenium, silver, and indium. Based on end-use industry, the precious metal market can be segregated into automotive, electronics, jewelry, chemicals, and others. Precious metals such as gold are widely utilized as investment options due to its esthetics. Gold is used in stock market as commodity for conducting financial transactions. Palladium is largely employed as catalytic converter in the automotive industry. It is also used in the manufacture of electronics. Furthermore, it is used in making surgical equipment.

Precious Metal Market: Drivers & Restraints

One of the major restraints of precious metal is maintaining the shiny luster and its color. Precious metals become impure if they are not appropriately polished. They lose their luster, thereby making them dull. Precious metals is a capital intensive business. Thus, new technologies and innovations are emerging to improvise the quality of precious metal and lower its costs.

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Precious Metal Market: Regional Outlook

In terms of region, Asia Pacific is the major producer as well as consumer of gold; the metal is significantly consumed in countries such as China and India. High growth of these emerging economies and rise in disposable income of the people are major drivers of the precious metal market. Changes in lifestyle and esthetic value of precious ornaments have boosted the demand for precious metal. In terms of demand, Europe is one of the key regions of the global precious metal market. Countries such as Germany, the U.K., France, and Italy have invested substantially in mining of precious metals. Recent war events and rebellions in countries in the Middle East such as Syria, Egypt, and Libya have boosted investments in bullion (gold bars). This has resulted in overselling of gold, thereby augmenting the price of gold across the globe. Global supply of gold is a combination of scrap recovery, central-bank supply, and mined gold; of this, mined gold accounts for more than 50% of the supply. Of late, countries in Africa have been producing precious metals in large quantities. Madagascar, Tanzania, and South Africa possess rich reserves of precious metals. The usage of precious metals is anticipated to increase in countries in the Middle East and Latin America in the near future.

Precious Metal Market: Key Players

Key players operating in the precious metal market include Barrick Gold, First Quantum Minerals, Goldcorp Freeport McMoran Inc., and Harmony Gold Mining Company.

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

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

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Enamel Coatings Market Industry Outlook, Growth Prospects, Key Opportunities, Trends And Forecast 2018-2026

Enamel Coatings Market: Overview

Enamel coatings provide a hard and glossy finish. These are used for coating surfaces that are outdoors or otherwise subject to variations in temperature. Most enamel coatings are alkyd resin-based. Some enamel paints have been made by adding varnish to oil-based paints. Powder coated surfaces are long-lasting and resistant to chipping, scratching, fading, and wearing. The coating offers a smooth layer and a unique coating thickness. It can withstand temperatures up to 350°C. The technology of enamel powder coating has wide range of application in cookers, microwave oven, bath tub, water heater, industry enamel product etc.

Enamel Coatings Market: Drivers & Restraintss

Protective enamel coatings require the application of two layers of coats, namely primer and cover, which vary in composition and functional characteristics. Enameling of steel surfaces has been done for many years on different types of steel, depending on the final application of the enameled pieces. Enamel is a substantially vitreous or glassy inorganic coating bonded to a metal substrate by thermal fusion. It has many properties such as abrasion, wear and chemical resistance, high harness, brilliant colors, and incombustibility.

Rise in demand for enamel coatings from the construction industry drives the enamel coatings market. Increase in global population and growth in the number of nuclear families are boosting the demand for new houses. This, in turn, boosts the demand for enamel coatings. Expansion in consumer goods and automobiles industries is propelling the market. However, emission of harmful volatile organic compounds (VOCs), which are detrimental to the health and environment, from enamel coatings is anticipated to inhibit the market.

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Enamel Coatings Market: Key Segments

In terms of resin, the global enamel coatings market can be segmented into alkyd, polyurethane, acrylic, and others. The polyurethane segment dominates the market. Polyurethane enamel coatings offer various benefits that increase the life and the glossiness of the surfaces. It is used as topcoats for multilayer coatings, decorative coatings for interior and exterior walls, and as a chemical resistant film for harsh environment.

Based on application, the enamel coatings market can be segregated into building & construction, furniture, steel, and glass. The building & construction segment dominates the market. Demand for residential housing and commercial housing has been rising in past few years. The real estate sector in China has been growing rapidly due to the increase in investment by the government. Use of enamel coatings in the furniture industry is also growing at the significant pace. Enamel coating is also used on wood to make it resistant to the elements via the waterproofing and rotproofing properties of enamel. Generally, treated surfaces last much longer and are much more resistant to wear than untreated surfaces. Epoxy enamel, Polyurethane Enamel are used in protective coating / industrial painting purpose in chemical and petrochemical industries for anti-corrosion purposes.

Enamel Coatings Market: Regional Outlook

In terms of region, the global enamel coatings market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a key region for the enamel coatings market. There is an increased demand from construction in Asia Pacific, which is mainly supported by the increasing household activities. This, in turn, drives the market in Asia Pacific. Rising demand for these coatings from construction and automotive industries in fast-growing economies such as China, India, and South Korea, is driving the market in Asia Pacific.

Enamel Coatings Market: Key Players

Key manufacturers operating in the enamel coatings market include Asian Paints, The Sherwin-Williams Company, PPG Industries, Inc., and Kansai Paint Co. Ltd.

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

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Subsea Valves Market Growth Prospects, Key Opportunities, Trends & Forecast up to 2018-2026

Subsea Valves Market: Overview

The global subsea valves market is primarily fuelled by the rising demand for energy and the soaring count of offshore oil and gas projects. In addition, the increasing demand for subsea valves from the manufacturing and process industry owing to less operating cost and enhanced safety will positively impact the growth of the market for subsea valves. There are a number of efforts taken to enhance water infrastructures in emerging nations. These efforts will also prove favorable for the global subsea valves market.

This study presents an analysis and forecast for the subsea valves market by covering a number of dynamics such as growth opportunities, trends, challenges, and drivers. The report also employs Porter’s five forces model which presents the competition intensity in the market. The market attractiveness evaluation also forms an integral part of this report within which the application segments have been benchmarked in terms of their general attractiveness, growth rate, and market size.

The study also presents a detailed evaluation of the constantly changing competitive dynamics. It aids in understanding the top product segments in the market and their expected position in the coming years. SWOT analysis of the prime market segments also forms a key part of this study.

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Subsea Valves Market: Trends and Opportunities

The reduction in onshore reserves and the rising demand for energy globally have pushed the companies dominant in the oil and gas exploration activities to heavily invest in offshore reserves, thus stimulating the subsea valves’ demand globally. In forthcoming years, the rising investment in ultra-deep and deep reserves for meeting the increasing energy demand and for lowering the reliance on onshore reserves will drive the growth of the offshore oil and gas market. The development of the offshore oil and gas market is further poised to bolster the global subsea systems market, indirectly augmenting the market for subsea valves in the coming years. In addition, the introduction of breakthrough technologies in the subsea valves market will stimulate the market development.

Furthermore, the extensive untapped ultra-deep and deep water reserves are predicted to present key opportunities in the market in the coming years. On the other hand, the soaring cost of subsea valves and the rising stringent policies and rules related with the functioning of subsea systems may impede the growth of the market for subsea valves. In addition, the volatile prices of crude oil makes some of the projects economically impractical, hence posing a negative impact on the development of the overall subsea valves market.

Subsea Valves Market: Region-wise Outlook

Geographically, the report categorizes the global subsea valves market into Asia Pacific, North America, Latin America, the Middle East and Africa, and Europe. As per the report, the employment of high temperature and high pressure valves is primarily concentrated in the Gulf of Mexico and the North Sea owing to severe climatic conditions. Subsea valves are also being highly deployed in a number of projects in the region of Asia Pacific. Brazil and West Africa have numerous production and exploration projects lined up in the coming years owing to which a lot of investments are being done in the offshore oil and gas industry here.

Key players Mentioned in the Report are:

The leading players in the global subsea valves market are Oliver Valves Ltd., BuTech, PetrolValves, DAFRAM S.p.A., Flowserve Corporation, Perar S.p.A, Cameron, Cortec LLC, and L.B. Bentley Ltd., among others.

Major regions analyzed under this research report are: 

  • North America 
  • Asia Pacific 
  • Europe
  • Latin America
  • Middle East and Africa

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

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Key highlights of this report:

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

Subsea Boosting Systems Market to grow at a CAGR of 9.7% during the period 2015 – 2023

Due to a limited number of manufacturers of subsea boosting systems, the degree of competition in the global subsea boosting systems market is expected to substantially increase, reports Transparency Market Research (TMR) in a new study. The leading manufacturers of subsea boosting systems are focusing on pricing strategies to attract consumers and maintain their leading position in the industry. The top three companies, FMC Technologies, OneSubsea, and GE Oil & Gas, together accounted for approximately 78% of the global subsea boosting market in 2014. 

The increasing need for enhancing oil and gas production has opened up new opportunities for manufacturers of subsea boosting systems due to their extensive use in oil and gas drilling from deep and ultra-deep-water locations. The continuous investments being made in projects to discover new offshore oil and gas drilling opportunities has augmented the demand subsea boosting systems.

Increasing Need to Extract Oil and Gas from Mature Reservoirs to Boost Sales of Subsea Boosting Systems

According to TMR analysts, the rising demand for fossil fuels has led to an increase in shallow water and onshore E&P activities for oil and gas reservoirs. Due to the increasing E&P activities, the reserves of oil and gas have depleted leading to a decrease in the production from mature reservoirs, such as low pressure oil fields. As subsea boosting systems help in the extraction from the low pressure oil fields, their demand in future is expected to increase substantially.

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Subsea boosting systems have proven highly beneficial in enhancing the deepwater and ultra-deepwater production from heavy oil and gas reservoirs in West Africa, Brazil, the North Sea, and the Gulf of Mexico. Thus, the need to prolong the economic lifetime of oil and gas reservoirs through increasing production recovery is expected to drive the global sales of subsea boosting systems.

Fluctuating Crude Oil Prices to Negatively Affect Sales of Subsea Boosting Systems

The fluctuating prices of crude oil are likely to hamper drilling activities worldwide, reports TMR in its study. E&P companies are struggling to maintain their production in comparison to the prices of crude oil and natural gas, thus slowing down the extraction processes. Moreover, a decline in crude oil prices has brought about a substantial decrease in offshore drilling activities. With the tumbling prices of crude oil, many companies are likely to abandon numerous oil and gas projects in the North Sea and other offshore areas. Thus, the fluctuating crude oil prices are anticipated to impede the sales of subsea boosting systems due to the decrease in drilling activities.

Rising Deepwater and Ultra-Deepwater Drilling Activities to Provide Manufacturers of Subsea Boosting Systems with Future Growth Opportunities

Drilling activities have received a substantial boost in emerging economies such as India, China, and Brazil due to the growing demand for oil and gas in these regions. To fulfill high fossil fuel demands, leading private and national companies are discovering new oil and gas reserves. Due to the increase in offshore oil and gas exploration activities, the requirement for subsea oil and gas equipment has also increased. Thus, companies operating in the global subsea boosting systems market are projected to gain benefit from the new crude oil and natural gas discoveries along with the high potential reserves. As a result of this, the oil fields application segment is expected to dominate the global subsea boosting systems market with a share of 67.7% in 2023.

The global subsea boosting systems market is thus estimated to rise at a CAGR of 9.7% from 2015 to 2023. The systems market was valued at US$1.46 bn in 2015 and is projected to touch a valuation of US$3.07 bn by 2023. Asia Pacific is expected to lead the global market for subsea boosting systems with a share of 23.9% in 2023.

The review has been based on the findings of a TMR report titled, “Subsea Boosting Systems Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 – 2023.”

Key Takeaways:

  • Asia Pacific to lead the subsea boosting systems market until 2023 with 23.9% of the overall revenue share.
  • Oil fields subsea boosting equipment application segment to maintain its lead in the global subsea boosting systems market as a result of continuous offshore oil fields discoveries.
  • Global sales of subsea boosting systems to reach a valuation of US$3.07 bn by the end of 2023.

The global subsea boosting systems market has been segmented as follows:

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Subsea Boosting Systems Market: By Water Depth

  • Shallow Water
  • Deep Water

Subsea Boosting Systems Market: By Application

  • Oil
  • Gas

Subsea Boosting Systems Market: By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Norway
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • Australia
    • China
    • Rest of Asia Pacific
  • South & Central America
    • Brazil
    • Venezuela
    • Rest of South & Central America
  • Africa
    • Nigeria
    • Angola
    • Rest of Africa
  • Middle East
    • Saudi Arabia
    • UAE
    • Rest of Middle East

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Three Phase Transformer Market Segmentation and Forecast Analysis up to 2016 – 2024

Global Three Phase Transformer Market: Overview

Three phase transformers hold high importance in power systems. They have higher economic benefits than single phase transformers. They consist of three sets of primary and secondary coils, each set wound around a core made up of iron. These transformers facilitate proficient working of heavy machineries and let voltage transformation using less size, less material requirement, and less weight. The two types of construction method of three-phase transformer are single core and two cores. These construction methods can be further divided into symmetrical and asymmetrical. The type of connections used in these transformers are star and delta.

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The report serves as a reliable business tool providing information regarding vital aspects of the global three phase transformer market. It is intended to update stakeholders about the ongoing trends of the market. It provides an immaculate understanding of the market through applications, classifications, definitions, and chain structure. It gives a comprehensive overview of the factors influencing the market and analyzes the extent to which they impact the growth. It offers useful insights into the competitive landscape of the market. For a better understanding, the report segments the global three phase transformer market on the basis of various criteria including geography, connections, and construction methods.

Global Three Phase Transformer Market: Drivers and Restraints

The ever-rising electricity demand is triggering the adoption of price-effective solutions in the power industries. This is creating preference for three phase transformer to single phase transformers, which in turn is stoking the global market. Moreover, the merits such as high efficiency and easy assembling of these transformers are translating into their greater adoption worldwide. The expanding power and industrial sectors in emerging countries is also leading to the increasing investments in the three phase transformer market.

On the other hand, the hefty prices of standby units of these transformers are limiting their widespread adoption. Moreover, the cost of spare parts for these transformers is higher compared to that of single phase transformers, which in turn is adversely affecting the growth of the global three phase transformer market. However, trailblazing researches in the field are likely to unfold ample growth opportunities for the market.

Global Three Phase Transformer Market: Geographical Segmentation

The report segments the market on the basis of geography into Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. While developed regions will be major revenue contributors, developing regions are expected to emerge as prominent destinations over the coming years. North America and Europe will account for a large cumulative share in the market, owing to rapid technological advancements and high funding from private and public sectors.

Asia Pacific and Latin America will post noteworthy growth rates during the review period, with emerging countries, including India, China, and Brazil being the sights of high growth rate. Sizeable budgets of upcoming projects and advancing power transmission and distribution infrastructure in these regions are anticipated to fuel the market. The rapidly growing population is also contributing to the growth of these regions. The growth of the Middle East and Africa can be attributed to countries such as Kuwait, where industrialization is on rise.

Global Three Phase Transformer Market: Competitive Scenario

The global three phase transformer market is a highly capital-intensive arena. Therefore, the threat of new players is likely to remain low during the forecast period. However, the market is characterized by high competitive rivalry among key participants. Some of the prominent companies operating in the global three phase transformer market are Powertronix Corporation, Eaton Corporation Plc., Mitsubishi Corporation, SNC Manufacturing Co Inc., Moloney Electric Inc., Hitachi Corporation, Delta Transformers Pvt. Ltd., Siemens AG, Areva SA, and Estel Company Limited.

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Major regions analyzed under this research report are:

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East and Africa

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments.

Semiconductor Intellectual Property Market Size to Accelerate at a Rapid CAGR 10.7% from 2016 to 2024

Some of the main players in the global semiconductor intellectual property market are Altera (acquired by Intel Corporation), Arm Limited, Cadence Design Systems, Inc., Ceva Inc., Cast In., eSilicon Corporation, Kilopass Technology Inc., Imagination Technologies Limited, Mentor, Perceptia Devices Inc., Open-Silicon, Inc., Rambus Inc., Silabtech Private Limited, Synopsys Inc., and Videantis GmbH.

The global semiconductor intellectual property market is choc-a-bloc with small and large vendors at present. Realizing the healthy growth potential in the market, many new players are foraying into it. These relatively new players are likely to focus on more discrete phases of IC design IP that would enable them to gain a solid foothold. Established keen players, on the other hand, are on the lookout to acquire other IP companies to increase their market share.

A report by Transparency Market Research forecasts the global market for semiconductor intellectual property to become worth US$9.1 bn by 2025 by registering a 10.7% CAGR in the forecast period extending from 2017 to 2025.

Depending upon type, the global semiconductor intellectual property market can be split into hard IP and soft IP. Among the two, the segment of soft IP led the market with a share of 51.7% in 2016. This is mainly because of the uptake of soft IP core, namely netlist and synthesizable cores, in various applications which helps to enhance the quality of hardware.

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Geographically, the key segments of the global market for semiconductor intellectual property are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Asia-Pacific, among them, accounted for maximum market share of 32.4% in 2016. This is primarily because of the exploding consumer electronics market in India, China, and Japan, which have upped demand of processor IP such as CPU processor IP, and different microprocessors IP as well as physical IP. 

Need to Lower Manufacturing Costs of Semiconductor Components Boosts Demand

“Rising demand for reduced manufacturing and design costs of semiconductor components present in end-products has resulted in the growth of the semiconductor intellectual property market,” explains the lead analyst of TMR report. Further, surging popularity of modern system on chips (SOC) designs are serving to drive the market too. Yet another factor proving beneficial to the market is the growing demand for semiconductor intellectual property to churn out innovative consumer electronics products.

Posing a challenge to the global semiconductor intellectual property market is the detection of infringement of patented technologies. This has forced many organizations to change their long-term licensing contracts to medium-term and short-term ones.

Healthcare Sector at Forefront of Driving Market

Currently, the healthcare segment is majorly fuelling demand for semiconductor intellectual property services due to the demand for manufacturing of advanced devices consisting of multicore technologies for medical processes. This has led to the adoption of semiconductor intellectual property services in this segment.

A noticeable trend in the global market for semiconductor intellectual property market is the demand for less expensive and more reliable end-products with superior features. This has led to many new entrants in the market trying to cater to such requirements of customers.           

This review is based on the findings of a TMR report, titled, “Semiconductor Intellectual Property Market (Type – Digital IP, Physical IP, and Processor IP; Architecture Design – Hard IP and Soft IP; Application – Healthcare, Telecommunications, Consumer Electronics, and Automotive) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

The global semiconductor intellectual property market is segmented as below:

Global Semiconductor Intellectual Property Market, by Architecture Design

  • Digital IP
  • Physical IP
  • Processor IP

Global Semiconductor Intellectual Property Market, by Type

  • Hard IP
  • Soft IP

Global Semiconductor Intellectual Property Market, by Application

  • Healthcare
  • Telecommunications
  • Automotive
  • Consumer Electronics
  • Others

Global Semiconductor Intellectual Property Market, by Geography

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Albany, NY 12207
Tel: +1-518-618-1030
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Thermal Energy Flow Metering Solutions Market Foreseen to Witness 5.9% CAGR During 2017 – 2025

The growing uptake of thermal energy flow metering solutions has egged savvy companies to extend their product portfolio, worldwide. Besides, players are also focused on product differentiation by adding innovative features to their products. They are designing thermal flow meters that provide exceptional accuracy and repeatability over a wide range of flow rates and can even gauge flow in large pipes. This, coupled with numerous manufacturers in the space, makes the market for thermal energy flow metering solutions highly competitive.

Further, entry of new players is also predicted to heat up competition in the global thermal energy flow metering solutions market in the near future.

Some of the prominent participants in the global thermal energy flow metering solutions market are QMC, ABB Ltd, Elster Water, Siemens, Enercare Connections Inc., Fluid Components LLC, Emerson Electric Co., Kamstrup Group, Sage Metering, Landis+Gyr AG, Shenitech LLC, GE Electric Co., Sierra Instruments Inc., Yokogawa Electric, and Corporation.

According to a report by Transparency Market Research, the global thermal energy flow metering solutions market will likely register a CAGR of 5.9% from 2017 to 2025 to become worth US$4.706 bn by 2025.

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Technological Progress Drives Maximum Growth in Asia Pacific Market

The global market for thermal energy flow metering solutions can be segmented based on different parameters. Depending upon type, the global thermal energy flow metering solutions market can be segmented into portable, insertion, and inline. Among them, the portable segment is expected to expand at a healthy clip in the next couple of years.

Depending upon geography, the key segments of the global thermal energy flow metering solutions market are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Of them, Asia Pacific is slated to clock maximum growth on the back of technological progress and the rising demand for continuous emissions monitoring systems in countries such as Japan, China, and India. Another factor stoking growth in the Asia Pacific market is the industrial sector’s growing demand for better measurement solutions for estimating the total mass flow rate of a fluid.

Onsite Power Generation Initiatives by Nations Drives Market

There are a number of growth drivers in the global thermal energy flow metering solutions market. Thrust by many nations on onsite power generation and solar thermal energy, in order to bring down their annual fossil fuel import and up energy security, have served to stoke demand in the market. In addition, with the concept of sustainable buildings and green building gaining traction, the market growth is getting boosted further. The swift pace of urbanization, worldwide, too is catalyzing growth in the market by driving up demand for proper water supply and the need to monitor it.

On the flipside, however, rising adoption of hybrid metering systems is expected to crimp sales of thermal energy flow meters in the next couple of years. 

This review is based on the findings of a TMR report, titled, “Thermal Energy Flow Metering Solutions Market (Type – Insertion, Portable, and Inline; Application – Residential and Commercial (Water and Waste Treatment, Food and Beverages, Chemical and Petrochemical, Pulp and Paper Industries); Component – Devices (Thermal Energy Metering, Heat Cost Allocation, Hot and Cold Sanitary Water Metering, Wirelessly Connected Data Collection Tools and Technologies, and Sensors) and Services) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

The report segments the global thermal energy flow metering solutions market as follows:

Global Thermal Energy Flow Metering Solutions Market, by Type

  • Insertion
  • Portable
  • Inline

Global Thermal Energy Flow Metering Solutions Market, by Application

  • Residential
  • Commercial
    • Water and Waste Treatment
    • Food and Beverages
    • Chemical and Petrochemical
    • Pulp and Paper Industries
    • Others

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Global Thermal Energy Flow Metering Solutions Market, by Component

  • Devices
    • Thermal Energy Metering
    • Heat Cost Allocation
    • Hot and Cold Sanitary Water Metering
    • Wirelessly Connected Data Collection Tools and Technologies
    • Sensors
  • Services

Global Thermal Energy Flow Metering Solutions Market, by Geography

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)
    • India
    • China
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America
       

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

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