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Showing posts from June, 2020

Solar Microinverter and Power Optimizer Market is Expected to Expand at an Impressive Rate by 2024

Global Solar Microinverter and Power Optimizer Market: Overview   Microinverters and power optimizers, collectively called module-level power electronics (MLPEs), are currently one of the fastest growing market segments in the global  solar power generation market . Although centralized or string inverters are still by far the most preferred and deployed choice of technology for rooftop solar panel systems worldwide, the promise of optimal performance and comparatively more power output (an estimated 25% more than conventional PV systems), especially when the PV systems are installed in unevenly shaded or complex regions (e.g. having two or more orientations), are increasing the popularity of MLPEs on a global front. Interestingly, over half of all the residential rooftop solar PV installations in the U.S. had some form of MPLE in 2014. Solar microinverters and power optimizers offer similar benefits to solar PV systems but operate in different ways. Both systems are mounted insi

Natural Gas Refueling Infrastructure Market to Set Phenomenal Growth by 2022

The key players in the  global bio vanillin market  are paying attention to quality of the manufactured products. The companies are also focusing on the new flavors and fragrances that can be utilized in the cosmetic sector, apart from the food and beverages industries. Givaudan SA, Solvay SA, Firmenich SA, Advanced Biotech, Evolva Holding SA, Apple Flavor & Fragrance Group Co., Ltd., Lesaffre, Aurochemicals, Archer Daniels Midland Company, and Borregaard are some of the leading players in the market. These firms provide a huge variety of products and this has helped them achieve a strong position in the global bio vanillin market. One major growth strategy adopted by the firms in the market is diversifying their product portfolio to up sales. The companies are also banking upon mergers and acquisitions to expand regionally. This is another major strategy adopted by key players to improve their market position. According to Transparency Market Research, the global bio vanillin

Heat Exchanger Marketto Witness Widespread Expansion by 2020

Transparency Market Research has published a new report on the global heat exchangers market. According to the report, the  global heat exchangers market  stood at US$11.86 bn in 2013 and is predicted to reach US$18.04 bn by 2020. The report, titled ‘ Heat Exchangers Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 – 2020 ’, states that the global heat exchangers market is predicted to rise at a 6.02% CAGR till 2020. Browse the full  Heat Exchangers Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 – 2020  report at  https://www.transparencymarketresearch.com/heat-exchanger-market.html Rapid growth in consumption of power in various industries is expected to help expand the global heat exchangers market during the forecast period. For any power station, condensers are a vital element as they connect the heat sink and the water/steam cycle. The performance of the condensers directly impacts the output of

Geothermal Heat Pumps Market Set for Rapid Growth and Trend, by 2020

According to a recent market research report published by Transparency Market Research, the global geothermal heat pumps market is projected to expand at a robust CAGR of 13.1% during the period from 2014 to 2020. The report, titled “ Geothermal Heat Pumps Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020 ,” estimates the  global geothermal heat pumps market  to be worth US$130.50 bn by 2020. The overall market stood at a valuation of US$55.30 bn in 2014. Browse the full  Geothermal Heat Pumps Market By Technology (Closed Loop and Open Loop), For Residential and Commercial (New Build and Retrofit) and End-Use Applications – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 – 2020  report at  https://www.transparencymarketresearch.com/geothermal-heat-pumps-market.html Geothermal heat pumps, also known as ground source heat pumps, are central heating/ cooling systems that transfer heat from or to the ground. These syste

Bio Vanillin Market Size will Observe Lucrative Surge by the End 2025

The key players in the  global bio vanillin market  are paying attention to quality of the manufactured products. The companies are also focusing on the new flavors and fragrances that can be utilized in the cosmetic sector, apart from the food and beverages industries. Givaudan SA, Solvay SA, Firmenich SA, Advanced Biotech, Evolva Holding SA, Apple Flavor & Fragrance Group Co., Ltd., Lesaffre, Aurochemicals, Archer Daniels Midland Company, and Borregaard are some of the leading players in the market. These firms provide a huge variety of products and this has helped them achieve a strong position in the global bio vanillin market. One major growth strategy adopted by the firms in the market is diversifying their product portfolio to up sales. The companies are also banking upon mergers and acquisitions to expand regionally. This is another major strategy adopted by key players to improve their market position. According to Transparency Market Research, the global bio vanillin

Energy Gel Products Market to Register Substantial Expansion by 2027

Animal Feed Additives Market: Introduction The latest market report published by Transparency Market Research on the  animal feed additives market  includes global industry analysis and opportunity assessment for  2019-2029.  Revenue generated from the global animal feed additives market was estimated to be valued at ~ US$ 15 Mn  in  2019 , which is projected to rise at a CAGR of ~ 2% , to reach ~ US$ 18 Bn  by  2029. The prime focus of animal nutrition industry is efficiency, while the world is moving toward safe food production and sustainability. Animal nutrition manufacturers are aiming to develop feed industry solutions, which promote highest level of biosecurity and feed safety management, while decreasing the environmental impacts of livestock and feed production. Production of gut-friendly ingredients and additives in animal feed is gaining prominence among manufacturers. Rising Consumer Demand for High Quality Food Products Creates Space for Animal Feed Additives The

Wood Pellet Market Pegged for Robust Expansion by 2029

Key Highlights of Wood Pellets Market The global  wood pellets market  is expected to expand at a CAGR of  6.12%  during the forecast period. In terms of value, the wood pellets market is anticipated to reach  US$ 14.5 Bn  by  2027. Based on application, the heating segment held dominant share of the global wood pellets market in  2018 . It is estimated to lead the wood pellets market in terms of value during the forecast period. Wide usage of wood pellets in heating applications in industrial and residential establishments is estimated to boost the segment in the near future. Rise in popularity of pellet fuel in advanced nations such as Canada is projected to boost the demand for wood pellets in various regions. Recent advancements in manufacturing processes of wood pellets have improved the commercial production of biomass, thereby accentuating the demand for wood pellets in heating applications. Furthermore, establishment of these manufacturing units is less capital-intensive

Wind Turbine Operations Maintenance Market Poised to Expand at a Robust Pace by 2020

Transparency Market Research has released a new market report titled  Wind Turbine Operations and Maintenance Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023.  The report defines and segments the  wind turbine O&M market , providing analysis and forecasts of the global revenue. According to the report, the global wind turbine O&M market stood at US$9.3 bn in 2014 and is likely to reach US$20.6 bn by 2023, expanding at a CAGR of 8.8% between 2015 and 2023. Wind turbine O&M services include operations, maintenance, asset administration, remote monitoring, and repair of wind turbines installed at wind farms. Wind turbine O&M services can be scheduled maintenance services or unscheduled maintenance services. Scheduled maintenance services are carried out at regular intervals. Unscheduled maintenance services are carried out in event of sudden breakdown of a wind turbine or its components. Different components of a wind turbine such

Energy Management Systems Market to Receive Overwhelming Hike in Revenues by 2027

A market born out of an emerging energy crisis, the global energy management system market is becoming more prudent than ever. As countries roll up their sleeves to prepare themselves to fight a fast-approaching energy crisis, products in the global market for energy management systems have been most sought-after. A recent report by Transparency Market Research finds that the global energy management systems market is expected to reach US$ 9.8 bn by the end of 2023, growing at a compelling 13.4% CAGR. The forecast period for this report is 2015 to 2023. A fairly young market, it is invariable that only a handful companies dominate it. Three big players, Schneider Electric SE, Siemens AG, and Johnson Controls Inc. alone account for 50% of the total market share. These companies have had the advantage of being old players in the field of energy, and thus entering the global energy management systems market was smooth. At the same time, they have also enjoyed the first-movers advanta

Energy Efficient Windows Market to Witness an Outstanding Growth by 2023

The global off-grid solar lighting market is projected to be fragmented due to the presence of large number of players operating in the market, states Transparency Market Research. The market has a presence of various large, medium, and small-scale players competing against each other. Leading players in the market are engaged in integrating advanced technology, durability, and efficiency in their offerings. In this report, analysts have mentioned few prominent players such as Total S.A., OSRAM GmbH, Koninklijke Philips N.V., SunnyMoney, and various others. As per the data presented in the TMR report, the global off-grid solar lighting market is expected to progress at healthy CAGR of 17.56% between 2016 and 2024. If the market rises at this rate, there are high chances that the market will generate high revenue by the end of forecast period. Based on the type of off-grid solar lighting, the demand for the solar lantern systems is highest among the people. Availability of solar

OEM Insulation Market to Reflect Impressive Growth Rate by 2027

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OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals for the OEM insulation. Naturally, the growth of the market is expected to achieve a stellar growth over the course of the given forecast period of 2019 to 2027. Is something restraining your company’s growth in the OEM Insulation Market?  Ask for the report brochure here OEM Insulation Market – Notable Developments Some of the key developments in the global OEM insulation market are given below: In June 2019, Owens Corning, a leading brand in the global  OEM insulation market  announced that the company is planning to unveil new technologies that