Commercial Hydronic Underfloor Heating Market to hit $3bn by 2024

Hydronic Underfloor Heating industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.

Hydronic Underfloor Heating Market size will exceed USD 5 billion by 2024, as reported in the latest study by Global Market Insights, Inc.

Stringent government regulations pertaining to decarbonization of building along with upsurge in clean energy technology will stimulate the hydronic underfloor heating market size. High end technology acceptance and decrease in capital cost will further augment the business growth. In 2016, the European Commission introduced the updated Energy Efficiency Directive with a target inclusion of 30% energy efficiency by 2030.

Standards toward adoption of energy efficient products coupled with rising awareness toward energy conservation will upsurge the hydronic underfloor heating market. Increasing consumption of energy by commercial sector owing to increasing spending on construction of commercial space including hotels, educational institutes, office and healthcare building will further complement the business outlook. In 2016, the U.S. commercial construction was valued at USD 74.2 billion when compared with USD 67 billion in 2015.

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Increasing demand for space heating along with growing consumer awareness toward adoption of low emission heating systems will foster the U.S. hydronic underfloor heating market. Extreme climatic conditions with escalating energy price will further stimulate the product penetration. The Building Efficiency Standards introduced by California regulates the energy consumption by 28% in new buildings, enabling end consumers to save USD 31 monthly.

Commercial hydronic underfloor heating market is set to exceed USD 3 billion by 2024. Building codes and standards toward carbon footprint along with increasing spending toward infrastructural development will stimulate the industry landscape. Steady expansion of developed economies with growing demand for remodeling of existing commercial properties will further complement the business outlook.

Paradigm shift in population demographics coupled with rise in the number of households will drive the hydronic underfloor heating market size. According to National Record for Scotland, there were 2.45 million households and 2.58 million dwellings in the country in 2015. Rapid urbanization and industrialization in emerging economies will further embellish the industry landscape.

Growing focus toward green building coupled with increasing deployment of concrete floors will embellish the hydronic underfloor heating market growth. In 2016, the United States Green Building Council certified projects were 33,269. Favorable government policies to reduce carbon footprint along with improvement in living standard will propel the business landscape.

UK hydronic underfloor heating market is set to witness growth over 9% owing to ongoing government mandate toward zero emission buildings. Measures to reduce emissions coupled with rising demand for efficient heating systems will further boost the product demand. The EU introduced Energy Efficiency Directive 2012/27/EU with an aim to incorporate the standardized framework for promoting energy efficiency.

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Japan hydronic underfloor heating market is projected to exceed USD 200 million by 2024. Measures toward energy security along with high end technology acceptance will propel the business outlook. Rapid increase in the urban population along with introduction of building codes and standards will further fuel the industry growth.

Eminent players in the industry includes Hunt Heating, Siemens, Schneider Electric, Pentair, Robert Bosch, Warmup, Uponor Corporation, Nexans, Amuheat, H2O Heating, Honeywell International, Danfoss and Sensata Technologies.

Global hydronic underfloor heating market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD from 2013 to 2024, for the following segments:

Global Hydronic Underfloor Heating Market, By Facility

  • Existing building
  • New building

Global Hydronic Underfloor Heating Market, By Application

  • Residential
    • Single family
    • Multi family
  • Industrial
  • Commercial
    • Education
    • Healthcare
    • Retail
    • Logistics & transportation
    • Offices
    • Hospitality
    • Others

The above information is provided on a country basis for the following:

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • South Korea
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
  • Latin America
    • Brazil
    • Mexico

Browse key industry insights spread across 224 pages with 296 market data tables & 14 figures & charts from the report, Hydronic Underfloor Heating Market in detail along with the table of contents:

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
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Mobile Encryption Market statistics and research analysis released in latest report

Statistics of Mobile Encryption Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.

Mobile Encryption Market size has witnessed a considerable growth owing to the growing need for stringent regulatory and compliance requirements, concern for privacy and data security issues, and proliferation of smart devices across enterprises.

Growing implementation of cloud-based storage across enterprises to protect valuable electronic data, such as credit card numbers, personal contacts, and bank passwords, is increasing the demand for these solutions. The increase in the adoption of BYOD and the growing usage of mobile technology in various sectors, such as healthcare, BFSI, defense, and IT, are further providing an impetus to the mobile encryption market. Moreover, the growing need for integrated and cloud security solutions is creating several opportunities for the market.

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Growing government pressure to adopt strict regulations for the implementation of effective data security to monitor sensitive data transmission amongst the mobile devices and enterprises is influencing the industry growth. Stringent regulations, such as Advanced Encryption Standard (AES), federal information processing standards, and Payment Card Industry Data Security Standard (PCI DSS) have been authorized for data security solutions across BFSI and healthcare segments. Speedy digitalization and the growing usage of internet across these verticals are expected to generate added scope for the development of mobile encryption market over the forecast timeline.

Factors, such as rapid growth of operational expenditure, increasing budget constraints, and lack of skilled workforce, are hindering the mobile encryption market growth. In addition, the industry is facing several challenges such as CPU overburdening, compatibility issues, and encryption key management. However, the enterprises are implementing the solution to lessen the effects of commercial espionage data breaches, cyber-attacks, and data loss, which are expected to stimulate the mobile encryption market.

The mobile encryption market can be segmented based on deployment type into on-premises and cloud-based models. The cloud-based deployment model is anticipated to have a majority share owing to the growing flexibility, low cost of purchasing & servicing of cloud based models such as Software-as-a-service (SaaS) and Platform-as-a-Service (PaaS), and growing adoption of the cloud models among several companies globally. Furthermore, various features, such as high scalability and availability of subscription-based pricing, are driving the mobile encryption market. Several companies are positively implementing varied cloud environments ranging from private and hybrid to public for the storage of vast amounts of data.

By application type, the mobile encryption market is segmented into disc, file & folder, cloud, and communication encryption. Cloud encryption is anticipated to grow at a high rate owing to the implementation of cloud services among enterprises throughout the world. The rise in the growing number of cyber-attacks is promoting the existing amplified data security & privacy concerns for enterprises, which have implemented cloud data storage services. This has stimulated the implementation of cloud applications to protect the crucial information from various security threats, such as security thefts and security violations, thereby propelling the mobile encryption market demand.

On basis of the end-user type, the mobile encryption market is segmented into large-sized enterprises and Small & Medium Enterprises (SMEs). The SMEs segment is anticipated to witness a high growth owing to the growing demand for mobile encryption solutions. These solutions allow SMEs to safeguard their enterprise information & data and deliver safe real-time access facilities. Furthermore, the availability of these solutions at economical pricing is driving the mobile encryption market growth.

By application, the mobile encryption market is categorized into BFSI, healthcare, manufacturing, retail, media & entertainment, telecommunications & information technology, education, government & public sector, and defense & aerospace. The BFSI sector is anticipated to hold a high market share owing to the high implementation of such solutions and growing use of mobile technology in financial institutions.

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The North America mobile encryption market is anticipated to hold a high market share owing to the growing focus of BFSI companies toward the early implementation of innovative & advanced solutions in security technologies. Asia Pacific is expected witness a high growth rate owing to the growing implementation of BYOD and stringent compliance throughout various industry verticals, such as government, retail, BFSI, aerospace & defense, and telecom. Countries, such as Australia, China, India, Japan, and Singapore, are steadily adopting mobile encryption solutions due to the increasing need to safeguard data & information against advanced cyber threats and growing implementation of cloud-based solutions, thereby driving the industry size.

The players involved in mobile encryption market include BlackBerry Ltd., Dell Technologies, Inc., IBM Corporation, Intel Corporation (McAfee), Symantec Corporation, T-Systems International GmbH, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise, Zix Corporation, MobileIron, Inc., Sophos Ltd., Alertboot Data Security, Certes Networks, Inc., CSG, Inc., ESET, and Silent Circle, LLC.

This latest Mobile Encryption Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Mobile Encryption from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

•  Global Mobile Encryption Market size & forecast by product & application.

•  Growth drivers, pitfalls & industry challenges.

•  Key Mobile Encryption Market growth opportunities & emerging business models.

•  Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Offshore Wind industry analysis research and trends report for 2017-2024

Offshore Wind industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.

Endorsing its dominance in Europe, offshore wind market has generated quite an appreciable momentum on a global scale over the recent years. As per the records, in 2016, 88% of the overall offshore wind installations were located across ten European countries and the remaining 12% installations were spread across the U.S., China, Japan, and South Korea belt. This massive expansion of offshore wind power can certainly be credited to the rising emphasis of both the private and the government entities on energy optimization.

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The recently recorded price trends of the offshore wind have indeed led to a dynamic revolution in the global landscape. The Dutch tender for Borssele 1 &2 in June 2016 marked this transformation era with a valuation of €72/MWh. This was trailed by a Danish tender worth €64/MWh. November and December 2016 further registered these developments with tenders of €49.90/MWh and €54.50/MWh by Danish Krieger’s Flak project and Netherlands Borssele 3 & 4 respectively.

Furthermore, the increasing urbanization and economic developments which have subsequently boosted the electricity demand is also playing a major role in fueling offshore wind market trends. Countries are treading toward the deployment of the renewable energy sources to fulfill their energy needs and meet the sustainability standards. Sources claim that by 2020, 8-10% of UK’s electricity demand will be addressed by offshore wind.

Not only the European belt but the other regions as well are actively deploying offshore wind to meet the energy and sustainability standards. Below is the synopsis of offshore wind market on a global scale:

  • The U.S. offshore wind market is projected to register substantial gains through 2024, driven by the strong government initiatives to meet the clean energy demands. The country entered the offshore wind industry space profoundly post completing its first offshore wind farm of 30 MW capacity in 2016.
  • In 2017, the government of Germany in collaboration with the government of Denmark and Belgium stated to integrate 60 GW offshore capacity by 2027. With such favorable regulatory framework and the declining component costs, Germany offshore wind industry is poised to witness remarkable gains over 2017-2024.
  • Netherlands offshore wind market is further slated to record remarkable gains over the coming six years, driven by the strict regulations to meet the energy demand. The country established its largest offshore farm across North Sea with a capacity to produce 2.6 TWh of clean energy annually.
  • China offshore wind industry is set to exceed a capacity target of 12 GW by 2024, driven by strict targets pertaining to clean energy consumption and generation.

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Given the developments pertaining to the global offshore wind market, this business space is ought to witness a fiercely competitive landscape over the years ahead. Global Market Insights, Inc. estimates offshore wind market to exceed a capacity of 60 GW by 2024. Some of the renowned names in this industry include Siemens, Senvion, Adwen, Sinovel, MHI Vestas, and Doosan Heavy Industries & Construction.

Browse key industry insights spread across 240 pages with 168 market data tables & 9 figures & charts from this report Offshore Wind Market in detail along with the table of contents at:

https://www.fractovia.org/news/industry-research-report/offshore-wind-market

Report Content

Chapter 1    Methodology & Scope

1.1    Research Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Scope and assumptions

1.2    Data Sources

1.2.1   Primary

1.2.2   Secondary

Chapter 2    Executive Summary

2.1    Offshore Wind industry 3600 synopsis, 2013 – 2024

2.1.1    Business trends

2.1.2    Process trends

2.1.3    Product trends

2.1.4    Shelf life trends

2.1.5    Regional trends

Chapter 3    Offshore Wind Industry Insights

3.1    Industry segmentation

3.2    Industry size & forecast, 2013 – 2024

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.4    Technology & innovation landscape

3.5    Regulatory landscape

3.5.1    U.S.

3.5.2    China

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1   Increasing adoption of solar panels

3.6.1.2   Government regulations

3.6.1.3   Effective disposal of solar panels

3.6.1.4   Untapped potential

3.6.2    Industry pitfalls & challenges

3.6.2.1   Expensive technology

3.7    Growth potential analysis

3.8    Porter’s analysis

3.9    Competitive landscape, 2015

3.9.1      Strategy dashboard

3.10  PESTEL analysis

This latest Offshore Wind Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Offshore Wind industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Offshore Wind Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Offshore Wind Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

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Telecom Cloud Billing Market trends research and projections for 2017-2024

Statistics of Telecom Cloud Billing Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.

Telecom Cloud Billing Market size is anticipated to witness several growth opportunities over the forecast time span owing to the growing demand for bundled billing solutions, low billing costs, and rise in mobile infiltration. The major share in the industry is led by prepaid customers with over 80% of the GSM users utilizing the cloud billing systems across the globe.

The rising focus of telecom providers to offer multiple & bundled services due to the rising demand across the prepaid customer segment is further anticipated to drive the telecom cloud billing market growth. Rising competition in the industry has encouraged the operators to offer several Value-Added Services (VAS) such as prepaid, postpaid, data, voice, Internet Protocol Television (IPTV), and Voice Over Internet Protocol (VOIP) with various payment methods.

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The growing demand for the upgrading of a large number of legacy telecom systems formerly installed is offering ample growth opportunities for telecom cloud billing market. Furthermore, operators are shifting toward online billing transactions for the development of bills and expense receipts, which is anticipated to propel the industry demand over the forecast time span. The rise in the usage of data services offered by telecom providers has created a strong need for billing systems. Rising growth in Operation Support Systems’ (OSS) and Business Support Systems’ (BSS) solutions, is helping in supporting a large customer base for online billing transactions.

In the exceedingly competitive telecom industry, the quality of service and cost of products are key factors for high business returns and customer retention. The competition is also driving the industry players to embrace telecom billing software thereby impacting telecom cloud billing market growth. Moreover, players are always trying to seek ways for lowering administration and operational costs. Over the years, advancements in cloud computing have helped the telecom industry in addressing the service quality and cost-related issues, which were strengthened owing to the shift toward IP-based mobile technology from landline telephones. With the growing adoption of subscription-based billing models, the telecom industry is gradually favoring cloud billing solutions for highly flexible, cost competitive, and reliable billing operations. These factors are anticipated to provide an impetus to the telecom cloud billing market.

Telecom cloud billing market has excellent growth opportunities over the forecast timeline; however, factors, such as the continued use of legacy systems and stringent telecom regulations in well-established markets, are anticipated to hinder the growth. The presence of countries such as China and India with their constantly changing competitive & regulatory landscape and large subscriber base has increased the demand for revenue and billing management solutions.

Telecom cloud billing market based on services can be segmented into customer management, account management, and revenue management. The customer management segment is anticipated to grow at a significant rate as the services are allowing Cloud Service Providers (CSPs) to provide a steady client experience and are managing the relationship with the clients, which is anticipated to provide several growth opportunities.

By platform, telecom cloud billing market can be bifurcated into IaaS, PaaS, and SaaS. The SaaS platform is anticipated to lead the industry share as the platform allows service providers to speedily support new clients and also enable the congregating of postpaid and prepaid billing systems into a single platform. SaaS platforms in the telecom cloud billing market are an ideal way for offering new services to the telecom market in an economical manner.

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Asia Pacific telecom cloud billing market is anticipated to grow at a high rate over the coming years owing to the burgeoning population in China and India, which is leading to a vast customer base. Moreover, factors, such as demonetization, growing internet usage among users, and economic developments in several countries, are contributing to the regional growth. Increasing penetration of smart devices is projected to drive telecom cloud billing market. In India, telecom operators provide flexible rate plans and flexible services due to the growing competition.

Key players operating in telecom cloud billing market include Computer Science Corporation, Amdocs, CGI Group, Aria Systems, Oracle Corporation, Redknee Solutions, Inc., Netcracker Technology, Ericsson, Cerillion, Chargify, Cloudability, Asia Info, Huawei Technologies, and Tech Mahindra.

This latest Telecom Cloud Billing Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Telecom Cloud Billing from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

• Global Telecom Cloud Billing Market size & forecast by product & application.

• Growth drivers, pitfalls & industry challenges.

• Key Telecom Cloud Billing Market growth opportunities & emerging business models.

• Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

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Residential Window Automation Market has high growth prospects from 2016 to 2024

Window Automation industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.

Automation is the need of the hour, the pathway to a comfortable & convenient lifestyle, subject to which window automation market is expected to generate lucrative gains over the next few years. Rapid urbanization and the development of smart homes will push window automation industry growth a notch higher. In a bid to expand automatic ventilation systems industry, the governments of various countries are investing significantly in infrastructural development to generate revenue via tourism and attract foreign investors. This in turn, will be a major factor driving window automation market. According to Global Market Insights, Inc., “Worldwide window automation market having had a revenue of USD 4 billion in 2015, will register an annual growth rate of about 5.5% over the period of 2016 to 2024.”

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Taking into account the end-use segment, window automation market is mainly divided into contractors, profile houses, façade builders, and window manufacturers. Shifting trends toward smart homes and the availability of automated building solutions will favor the growth of industry in profile houses, in which many of the OEMs are investing significantly to attract more customers. Window manufacturers was a dominant end-use segment and contributed majorly toward the global industry share. The surging investment in R&D activities will create high demand for the product across the various application areas such as industrial, residential, and commercial sectors.

The escalating investment in commercial infrastructure development such as airports, educational institutes, retail, healthcare, public transit, and hospitality will generate heavy demand for window automation. Residential application segment is predicted to register highest annual growth rate over the coming years of 2016 to 2024, primarily driven by the changing consumer preference toward automated products pertaining to low energy consumption. In addition to this, shifting trends toward smart homes will also propel window automation industry size notably.

Hybrid, mechanical, and electric are the key products of window automation market. Hybrid products save lots of energy, as they use mechanical components. In addition, the use of the fan is avoided, which will reduce the total electricity cost. This, in turn, will fuel window automation market share. Electric window automation held the largest share of the global market in 2015 and is predicted to collect significant revenue over the coming seven years. The growth can be attributed to the implementation of highly reliable and automated sensors and actuators in the devices.

Considering the regional landscape, China window automation market size will collect considerable revenue over the years ahead. China has implemented various building codes to propagate natural lighting, smoke evacuation, and ventilation. This, in turn, will augment the market growth.

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Europe window automation industry will exhibit substantial growth rate over the period of 2016 to 2024, owing to the growing product adoption to generate cooling or heating effects in desirable weather conditions. Moreover, regulatory norms regarding the work safety across the smoke ventilation application will boost the need for window automation.

Window automation market is widely fragmented across the globe. Most of the companies are working on cost reduction and product differentiation. Many market participants are expanding their regional distribution channels to gain considerable profits. Joint ventures and acquisitions are key growth strategies adopted by market players to sustain the competitive business space.

Chapter 3.   Window Automation Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2012 – 2024

3.3.  Industry ecosystem analysis

3.3.1. Distribution channel analysis

3.3.2. Vendor matrix

3.4.  Technology & innovation landscape

3.4.1. Solar powered window opener

3.4.2. Concealed mechatronic fittings with minimized noise generation and maximum opening widths

3.5.  Regulatory landscape

3.5.1. U.S.

3.5.1.1.    UL-325, Standard for Safety: Door, drapery, Gate, Louvre, and window operators & systems and ETL certification

3.5.2. EU

3.5.2.1.       Building regulations, approved document B and BS 9999

3.5.2.2.       BS EN 12101

3.5.2.3.       IEC 60335-2-103

3.5.3. China

3.5.3.1.       MOHURD

3.5.3.2.       China Building Code

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.       Increased spending on infrastructure development

3.6.1.2.       Energy saving and reduced operational cost

3.6.1.3.       Demand for natural and smoke ventilation

3.6.2. Industry pitfalls & challenges

3.6.2.1.       Daylight system as a substitute for the automatic window systems

3.6.2.2.       Lack of awareness and non-compliance with several regulatory codes and standards

3.7.  Growth potential analysis

3.7.1. Application potential

3.8.  Porter’s analysis

3.9.  Company market share analysis, 2015

3.9.1. Strategy dashboard

3.10.      PESTEL analysis

This latest Window Automation Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Window Automation industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Window Automation Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Window Automation Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

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3D Scanning Market to grow 5% CAGR from 2017 to 2024

Drivers of 3D Scanning Market growth including regional trends, factors driving multiple segments of 3D Scanning industry and companies vying for a pie of the market share and size are discussed at length in this new report by Global Market Insights, Inc.

3D Scanning Market size is set to exceed USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc. The 3D scanning market growth can be credited to the growing implementation across several application areas. Industries are implementing the 3D scan-to-print solutions which is projected to transform the design-to-manufacturing processes.

There has been increased 3D scanning market adoption in Augmented Reality (AR) and Virtual Reality (VR) headsets over the years. These technologies offer advanced visual effects, CGI creation and scanning of real world locations, which is enhancing game play and is creating real life situations. With the rise of VR, the technology has become prominent in the entertainment & media industry and is widely being used for scanning of sports venues and development of video games thereby boosting the 3D scanning market demand. The non-contact feature of the systems offers numerous advantages in heritage preservation and is capturing specific customer base, which is helping widen the growth potential.

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In North American economies, the lucrativeness of the 3D scanning market is owing to the R&D strategies which are being undertaken in the region for product innovation. Speedy technological advancements to develop innovative products such as 3D digitization have the skill to render rapid scanning techniques which is anticipated to drive the industry growth. It is projected that the U.S. 3D scanning market will grow at a fast pace owing to rising demand and adoption in the automotive & aerospace industries.

The 3D laser scanner market is projected to hold the highest share over the forecast timespan owing to the profitable opportunities it is offering to increase the business exposure and help generate sales. The success of 3D laser scanners can be attributed to its features such as high degree of accuracy and real-time visualization. Many companies and businesses, irrespective of the industry domains, are employing the usage of 3D laser scanners to improve data collection and project outcomes.

Depending on the distance between the object and the scanner, scanners of different ranges are present in the 3D scanning market. Wide applications from architecture and construction industry is driving the demand of these scanners. Short range scanners are widely used when the distance between the object to be scanned and the scanner is less than one meter. The demand for these products is largely driven by applications from automotive and healthcare segments, where precision needed is of the utmost importance.

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These devices are gradually being used in industrial manufacturing for high precision measurement and defect detection before mass manufacture of products. The growth of the 3D scanning market in industrial manufacturing can be majorly attributed to the implementation in automotive designing & manufacturing, material processing, and plant inspection applications. In addition, the usage of these technologies in industrial production has helped improve efficiency.

Key players participating in the 3D scanning market include Basis Software Inc, 3D Digital Corp., Steinbichler, 3D Systems, Ametek, Hexagon AB, Creaform, FARO Technologies, Inc and Autodesk Inc. The industry is facing numerous challenges due to intense competition among competitors, growing end-user preferences, and availability of cost-effective alternatives to the technology. Rise in the number of applications in the industry has led to businesses working across the ecosystem to participate in developing innovative technologies, thereby resulting in high growth opportunities.

3D scanning market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2012 to 2024, for the following segments:

3D Scanning Market, By Product

  • Laser Scanner
  • Structured Light Scanner
  • Optical Scanner

3D Scanning Market, By Range

  • Short Range
  • Medium Range
  • Long Range

3D Scanning Market, By Application

  • Industrial Manufacturing
  • Aerospace & Defense
  • Healthcare
  • Architecture & Engineering
  • Entertainment & Media
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Offshore Wind Market to reach 60 GW by 2024

Offshore Wind industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.

The recent launch of two offshore wind farms by Dong Energy is an instance demonstrating the expansion of global Offshore Wind Market. This Denmark based energy company has announced the inauguration of Gode Wind 1 and 2 offshore wind farms, located 45 km off the German coast, with a combined capacity of 582 MW. With most of the regional governments & regulatory organizations undertaking numerous initiatives to adopting renewable energy, offshore wind industry is estimated to surpass a capacity of 60 GW by 2024, having held a valuation of USD 60 billion in in 2016.

Europe has been one of the most outgoing participants of global offshore wind market. The numerous efforts taken by the regional government bodies have a key role to play in the development of this market. In addition, the continent is home to numerous energy companies that have been increasingly investing in R&D activities to come up high grade technology for developing sustainable energy. The European Union had funded a project in 2014, called the Horizon 2020, for a valuation of almost USD 80 billion. The funding is slated to last until 2020, and recently in 2017, the EU provided the annual budget of USD 17.83 million to reduce maintenance costs & offshore operations by integrating monitoring and control technologies. This program is EU’s flagship, and is anticipated to propel Europe offshore wind industry over the years to come.

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An urgent need to curb GHG emissions is also one of key factors fueling the growth of offshore wind market. To fulfill this requirement coupled with the need to provide uninterrupted electricity, the member countries of the EU, in 2016, declared their plan to achieve 21% of sustainable energy targets by 2020. Simultaneously, the continent aims to reduce GHG emissions by 26% from what it was in 1990, thereby impelling the regional offshore wind industry.

The Asian Development Bank, World Bank, and the International Finance Corporation are some of the key financial institutions that are actively partaking in global offshore wind market. In Europe, the Offshore Wind Investment established by the UK Government to encourage investments in sustainable energy will promote the deployment of clean energy projects, thereby impelling the regional offshore wind industry. Pertaining to favorable government support, UK offshore wind market is anticipated to witness a steady CAGR over 2017-2024. A strict regulatory framework has facilitated the deployment of the Contracts for Difference for ensuring long term revenues from power projects in the nation. Recently, in 2017, a decline of 32% in offshore prices was also observed in UK. This is another factor that is expected to push UK offshore wind industry over the years to come.

Turbines, one of most vital components of offshore wind market, held more than 30% of the overall revenue share in 2016. Increasing investments toward the development of high grade wind based technologies will augment the demand for large capacity turbines across various geographies, thereby contributing toward the growth of offshore wind industry. Similarly, floating turbines have been gaining precedence, especially across the APAC and European belts. This is essentially due to the need to simultaneously accommodate shipping and fishing activities and reduce visual pollution. The first floating turbine encompassed a capacity of 30 MW and was developed by the Norwegian offshore oil and gas group in 2016. A total of USD 199 million was spent on this plant, which is located across the Aberdeenshire coast of Scotland. A significant rise in such investments will suitably augment Europe offshore wind market.

Germany is another region is Europe that has been contributing significantly to offshore wind industry, in addition to numerous other renewable energy initiatives. The German government has mandated stringent targets for increasing turbine capacities to generate renewable energy on a large scale. In addition, recently, the German government, in tandem with the governments of Belgium and Denmark, has planned to cumulatively add an offshore capacity of 60 GW by 2027.

The regulatory bodies in Netherlands have been increasingly striving toward promoting clean and affordable energy. On these grounds, the nation has come up with the National Energy Agreement, under which an additional 4.5 GW of offshore capacity is slated to be added by 2023. Recently in 2017, the nation integrated its largest offshore farm in the North Sea that is designed to manufacture 2.6 TWh of clean energy on an annual basis. Pertaining to the aforementioned facts, it has been estimated that Netherlands offshore wind market will grow at a rate of 12% over 2017-2024.

Offshore wind industry from electrical infrastructure is expected to observe tremendous gains, subject to the rising number of investments by key component manufacturers across the globe. For instance, in 2016, renowned French cable manufacturer, Nexans had been appointed by VBMS, the Netherland based subsea power cable manufacturer, to establish a subsea connection between offshore turbines and onshore transmission grids for its Blyth offshore wind project in UK. This venture is considered to be the first offshore wind farm of 66 kV capacity, developed by VBMS and EDF Energy Renewables and VBMS.

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Wires and cables, a key sub-component electrical infrastructure, is also slated to depict steady gains over 2017-2024, after having held more than 2% of the overall offshore wind market share in 2016. Pertaining to the rising number of microgrid networks – courtesy, advanced distribution generation technologies, offshore wind industry from wires and cables will grow sharply over the coming years.

Research and development activities are being prioritized by companies in order to innovate high grade wind based technologies and impel offshore wind market. For instance, in 2017, an offshore wind tender of 1.5 GW capacity was launched by the German Federal Network Agency with an aim to reduce the generation tariff. The Netherlands government also aims to reduce the generation costs by 40% over the next ten years. In fact, recently in 2017, Statoil and Siemens had collaborated under the ‘Hywind Scotland’ project to come up with a floating wind farm in Norway. The farm encompasses a capacity of 30 MW and is expected to heavily influence the overall offshore wind industry.

The past decade has witnessed a bifold growth rate for global offshore wind market. The deployment of stringent government norms to curb carbon emissions and implement clean energy schemes will impel this market over the years to come. Reputed biggies such as Senvion, MHI Vestas, Sinovel Wind, Siemens, Doosan Heavy Industries & Construction, and Adwen have been adopting organic strategies to sustain their position in the escalating offshore wind industry.

Report Content

Chapter 1.    Methodology and Scope

1.1.   Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Market definitions and forecast parameters

1.2. Data sources

1.2.1.   Primary

1.2.2.   Secondary

Chapter 2.    Executive Summary

2.1.   Offshore wind industry 3600 synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Component trends

2.1.3.   Regional trends

Chapter 3.  Offshore Wind Industry Insights

3.1.  Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.   Vendor matrix

3.4. Innovation & sustainability

3.5. Regulatory landscape

3.5.1.   U.S.

3.5.2.   Europe

3.5.3.   UK

3.5.4.   Germany

3.5.5.   China

3.6. Cost structure analysis

3.6.1.   Capital Cost (CAPEX)

3.6.2.   Operational Cost (OPEX)

3.7. Global offshore capacity addition targets

3.8. Wind energy industry trends and outlook

3.9. Industry impact forces

3.9.1.   Growth drivers

3.9.1.1.    Increasing electricity demand

3.9.1.2.    Rising investments across clean energy sector

3.9.1.3.    Declining component prices

3.9.1.4.    Growing adoption of clean energy over conventional fuel

3.9.2.   Industry pitfalls & challenges

3.9.2.1.    High Capital Cost

3.10.     Growth potential analysis

3.11.       Porter’s analysis

3.12.       Competitive landscape, 2016

3.12.1. Strategy dashboard

3.12.2. Company market share

3.12.2.1.    Wind turbine manufacturers

3.12.2.2.    Wind farm developers/owners

3.12.2.3.    Inter-array cable suppliers

3.12.2.4.    Export cable suppliers

3.13.     PESTEL analysis

This latest Offshore Wind Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Offshore Wind industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Offshore Wind Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Offshore Wind Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

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Security Solutions Market statistics and research analysis released in latest report

Statistics of Security Solutions Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.

Security Solutions Market size is anticipated to witness growth during the forecast period owing to the growing necessity to protect property and individuals from increasing threats. Increasing consumer awareness regarding prevailing security concerns is expected to drive security solutions market growth for the next eight years.

The design of sophisticated and efficient systems, in addition to user-friendly installation features, enabled by wireless technology is anticipated to boost the market growth. Furthermore, adoption of IoT-based systems and remote monitoring using mobile devices are expected to provide impetus to security solutions market growth. The high cost of maintenance and large initial investments are expected to restrain the market growth. Lack of awareness regarding technological advancements is expected to challenge security solutions market growth. Furthermore, the low adoption rate is expected to challenge manufacturers.

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The security solutions market is segmented on the basis of the type of solutions and the end-use industry. The system, by type, is classified into products and services. The products include fire protection, thermal cameras, video surveillance, wireless systems, access control, intruder alarms, and entrance control. The services include security systems integration, access control services, remote monitoring, video surveillance, and fire protection services.

Fire protection systems segment is anticipated to lead the security solutions market during the forecast time frame. Some of the major systems included under this type are sprinklers, fire alarms, and extinguishers. Increasing use of fire protection systems in residential and industrial buildings is expected to drive the market. Roving patrol systems are a preferred option to provide security to vast stretches of land such as huge housing societies or large manufacturing companies. These systems are economical and provide visible presence, GPRS tracking, quick response, and active patrolling.

On the basis of end-use industry, the security solutions market is segmented into retail, residential, commercial, transportation, BFSI, education, government, industrial, healthcare, and energy & utilities. The commercial end-use segment is expected to hold the largest market share, owing to increasing instances of theft of physical and data/information property and the growing need to protect people & property. The corporate organizations are increasingly investing in these systems to protect employees and sensitive data. For instance, biometric or access control systems are used in server rooms of large corporations that deal with critical & sensitive data.

The wireless systems are projected to grow at a high CAGR. These types of systems can improve interactive monitoring services. These can be remotely and easily operated. Residential premises are being increasingly equipped with technological platforms to enable the occupants to remotely access electronic devices using tablets, smartphone, and laptops. These include intruder alarm systems, medical alert systems, intercom systems, access control & management systems, video surveillance systems, and integrated systems. Growing use of these systems for residential security is projected to propel security solutions market growth.

North America is expected to dominate the global security solutions market. Most of the residential and commercial buildings in this region are equipped with fire protection systems, owing to stringent fire and safety protection norms. Several manufacturers in this region offer different systems such as flame detectors, fire detectors, sprinklers, heat detectors, fire alarms, extinguishers, sirens, fire analysis software, and control panels & interfaces.

Asia Pacific is anticipated to be the region of the fastest growth owing to high infrastructure growth in railways, airports, and highways. Strong growth in banking and financial services is expected to provide ample growth opportunities for security solutions market for the next eight years.

Some of the key security solutions market participants include ASSA ABLOY AB, Zhejiang Dahua Technology Co., Ltd., Bosch Security Systems, Axis Communications AB, Honeywell International, Inc., Stanley Security Solutions, Tyco International Ltd., SECOM Co., Ltd., UTC Fire & Security, Hikvision Digital Technology Co., Ltd., ADT Corp., Alarm.com, Nortek Security & Control LLC., Godrej & Boyce Manufacturing Company Ltd., Ingersoll Rand Solutions, Allegion, and Control4.

The security solutions market ecosystem comprises manufacturers & suppliers, R&D firms, software solutions providers, wearable product manufacturers, and end users. The manufacturers are increasingly integrating and consolidating the products to provide

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multiple functionalities. For instance, the property management system provides security to multiple nodes in the same location. These players are adopting different strategies to achieve a strong position and penetration in the security solutions market. In the global security solutions market, the number of players is growing, making it important for manufacturers in gaining a competitive advantage over others. The strategies adopted include mergers & acquisitions and new product developments. For instance, Securitas developed a strategy to develop solutions specific to customers. This helps in retaining the existing customers for a long period through contract extensions. In November 2015, Stanley Security Solutions announced a partnership with iView Now, a cloud-based video verification service. This partnership strengthened Stanley’s position as a video alarm monitoring services provider.

Companies in the security solutions market are continuously investing in technological innovations to gain a competitive edge. For instance, Bosch launched a new video-based fire detection system. AVIOTEC IP Starlight 8000 is a unique and scientifically tested device that spots fire and predicts behavior to speed up the reaction time and reduce occurrences of false alarm.

This latest Security Solutions Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Security Solutions from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Security Solutions Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Security Solutions Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Zero Liquid Discharge Systems Market trends research and projections for 2017-2024

The Zero Liquid Discharge Systems Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Zero Liquid Discharge Systems industry targeted at helping in business decisions.

Zero Liquid Discharge Systems Market size will observe substantial growth owing to increase in demand for applications in pharmaceutical, energy & power, semiconductors & electronics, chemical & petrochemicals, textiles and food & beverages industry. Continuous rise in number of industries has led to surge in pollution that has reduced availability of fresh water. Demand for clean water is anticipated to propel zero liquid discharge systems market.

Stringent government regulations namely Environmental Protection Agency and Target Zero associations have laid regulations regarding waste water generation and disposal of industrial waste into water bodies. Strong steps are taken by countries for conservation of water bodies and saving marine animals that is expected to boost zero liquid discharge systems market.

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Rise in global population has led to erection of power plants in various areas. Global power investment will grow by 11.5% and reach over USD 440 billion by 2024, to meet rising power demand. Mandates have been launched to increase awareness regarding wastewater disposal limits. Further, these help in recovering valuable minerals and compounds from industry that enhances cost effectiveness of process and gives positive outlook to zero liquid discharge systems market.

Zero liquid discharge (ZLD) are processes that remove hazardous effluents and purify waste water. It employs advanced treatment technology that consists of ultra-filtration, reverse osmosis, evaporation and deionization processes to provide purified water. In this, first pre-treatment is done to remove dissolved solids and particles. These are quite efficient and easily meet discharge regulations and enhance management of produced water.

Major constraint for zero liquid discharge systems market is high capital and operating expenditure. These systems need to be custom built for different industries owing to varying processes and end use that improves its overall cost. Further, space constraint is an important factor as its installation requires large space and poses a challenge for small industries. Though, growing strictness regarding disposal of industrial waste and consumer awareness will overcome these restrictions in forecast period.

Based on system, zero liquid discharge systems market is categorised into conventional and hybrid. Conventional accounts for larger share with its application in several small to large industries and low cost of erection as compared to hybrid. These have high demand in low and medium flow rate industries with involvement of standard processes. Hybrid is automated process with pre-concentrator and thermal technology with demand in large industries.

On the basis of process, zero liquid discharge systems market is classified as pre-treatment, filtration and evaporation & crystallization. Pre-treatment has major share owing to need of removing solid wastes and effluents prior to further processing. These have huge demand from food & beverages and pharmaceutical industry. High demand for treatment of water due to chemical content in pharmaceutical wastage will boost its consumption.

Based on end use, zero liquid discharge systems market is divided into pharmaceutical, energy & power, semiconductors & electronics, chemical & petrochemicals, textiles and food & beverages industry. Energy & power has major share with constant increase in power plants to meet rising energy requirements. These industries produce large amount of waste water that need treatment prior to disposal.

Chemical & petrochemical industry has substantial share in zero liquid discharge systems market owing to demand of products from both developing and developed economies for petrochemical products. There has been an increase in number of refineries and major players are expanding their facilities to meet the demand that gives positive outlook to this market.

North America has substantial share in zero liquid discharge systems market with rising number of energy & power and petrochemical industries. The U.S. is one of the largest consumers of energy and mainly dependent on non-renewable energy sources that produce huge amount of wastage.

Asia Pacific, led by China, India and Japan has significant share and anticipated to grow with rise in number of electronics and petrochemical industry. Some states in India have made it mandatory to employ the product in industries. Rise in offshore drilling activities has further fuelled its zero liquid discharge systems market growth.

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Middle East & Africa is the hub for petrochemical industries with huge amount of crude oil reserves. Europe & Latin America have moderate share and will register significant growth with stringent government norms namely EU Water Framework Directive for wastewater disposal.

Zero liquid discharge systems market is moderately fragmented with presence of large number of regional and local players. Major players include Aquatech, GE Water Processes, Petro Sep Corporation, Veolia Technologies, IDE Technologies, Praj Industries, Doosan Hydro Technology, H2O, Degremont Technologies, Aquarion, Saltworks Technologies and Oasys Water.

Companies are spending on research and development facilities to innovate modern technologies. Aquatech has come up technologies namely FERO, HEVAP and SmartMOD to attract customers and cater to their need.

This latest Zero Liquid Discharge Systems Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Zero Liquid Discharge Systems from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Zero Liquid Discharge Systems Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Zero Liquid Discharge Systems Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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U.S. Stationary Battery Storage Market share to grow at 17% CAGR from 2017 to 2030

An outlook on Stationary Battery Storage Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.

Stationary Battery Storage Market size will exceed USD 35 billion by 2030, as reported in the latest study by Global Market Insights, Inc.

Favorable regulatory frameworks toward development of sustainable electrical infrastructure subject to integration of effective grid support will drive the stationary battery storage market size. Lack of efficient monitoring systems coupled with frequent outages and failures across developing regions will further fuel the product demand.

China stationary battery storage market is projected to exceed USD 2 billion by 2030. National renewable targets favored by government aided funds toward the expansion of renewable networks will augment the industry outlook. In 2017, the China National Energy Administration has declared a funding worth USD 326.38 billion towards the expansion of renewable electrical networks across the country by 2020.

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Rising investments across sustainable energy through private and public funding programs coupled with ongoing expansion of micro-grid networks will foster the stationary battery storage market size. Growing demand for sustainable energy mix favored by advancing distributed generation technologies will further augment the industry growth. In 2017, International Finance Corporation declared a funding worth USD 103 million subject to incorporation of solar green bonds in India. The agency further affirmed a gross investment of USD 1.2 billion towards deployment of renewable technology in the country.

Flow battery in 2016, accounted for over 4% of global stationary battery storage market. Ongoing technological advancements toward development of cost-effective storage units coupled with high-end investments toward integration of a sustainable grid network will enhance the product demand. Longer life cycle favored by higher system efficiencies when compared to its competitive counterparts will further foster the business outlook.

Improved shelf life coupled with increasing R&D spending towards development of energy efficient systems will augment the stationary battery storage market share. Ongoing reforms pertaining to energy efficiency favored by growing deployment of enhanced storage units with high power densities will positively influence the product demand. Weight, comparative efficiency, discharge rates, cycle life, voltage and costs are few imperative features evaluated to integrate a competitive business scenario. In 2017, MDPI denoted comparative gravimetric energy density for lithium-ion batteries to be in the range of 110–160 Wh/kg in comparison to lead acid, NiCd and NiMH falling in the range of 30–50, 60–120 and 45–80, respectively in Wh/kg.

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Stationary battery storage market will grow on account of increasing demand for refurbishment of aging infrastructure coupled with increasing adoption of advance grid support systems across the U.S. Rising investment towards development of sustainable electrical network along with increasing concern towards energy security will further complement the business scenario. In 2017, China under its sovereign wealth fund proposed an investment worth USD 800 billion across the U.S. infrastructure sector.

Eminent players across the stationary battery storage market include Toshiba, Samsung SDI, Philips, Panasonic, GS Yuasa, A123, Hitachi Chemical, LG Chem, Valence Technology, Hitachi Maxell, BYD Co., Duracell, Exide, Johnson Controls, Roofers Technology, Uniper, Durapower, ACDelco, and Tesla.

Stationary battery storage market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD Billion from 2013 to 2030, for the following segments:

Stationary Battery Storage Market, By Battery

  • Lithium-ion
  • Sodium Sulphur
  • Lead Acid
  • Flow Battery
  • Others

Stationary Battery Storage Market, By Application

  • Emergency Power
  • Communication Base Station
  • Local Energy Storage
  • Remote Relay Station
  • Uninterruptible Power Supplies (UPS)

The above information is provided on a country basis for the following:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia
  • Latin America
    • Mexico
    • Brazil
    • Argentina

Browse key industry insights spread across 195 pages with 195 market data tables & 13 figures & charts from the report, Stationary Battery Storage Market in detail along with the table of contents:

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
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Global Market Insights, Inc.
Phone: 1-302-846-7766
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