Market Research Future® Latest Reports

  Market Synopsis Permanent magnet motor market is expected to grow at 8.70% CAGR during the forecast period. Key Drivers and Main Challenges Across industries worldwide, the need for efficient electric motors and compact sized machines has surged exponentially in recent years. Since  permanent magnet motors  are extremely compact with reduced frame size and are efficient and lightweight, they expel lower amount of CO2 in the atmosphere. Additionally, their use means lower operational costs compared to induction motors, which has boosted their demand across various industrial segments across the globe. The escalating sales of electric vehicles, especially in the emerging countries, to bring down the expense of fossil fuels and the mounting environmental concerns have been favorable for the global market. As electric vehicles are known to make use of AC permanent magnet motors for better operations, their soaring demand worldwide can be beneficial for the market. Besides, ...

  Industry Insight Nearly many months since the world declared a national lockdown over the novel coronavirus pandemic, Market Research Future found in its new study on the global outage management system market that it would regain its footing with new scores. The market would be achieving higher valuations by the year 2023 and stagger at 16.5% CAGR. The years of growth could be observed from the year 2018 to 2023. Top Impacting Factors The  Outage Management System Market  supports in recuperating operational efficiencies and communications and vastly mounting speed of trouble analysis, allowing managers to make better and faster decisions, thus reducing dispatching bottlenecks that occur during high-volume outage conditions. The global outage management system and its demand are driven by the urge to surge customer satisfaction are likely to boost the growth of the outage management system market in the future timeframe. The escalating adoption of energy management sys...

 Market Research Future published a Half Cooked research report on  global Onshore Wind Energy Market . The onshore wind energy market is expected to witness ~ 27% CAGR during the period 2017 to 2023. Market Highlights The demand for clean energy resources is increasing owing to the increased demand for electricity, and upcoming regulations unfavourable to conventional sources of energy. The continuous exploitation of renewable energy source has resulted in a higher number of wind energy projects around the globe. Innovation in the technology of wind turbines and wind parks has also added value to the onshore wind energy market. The large scale projects of power generation through wind farms and wind parks is expected to boost the onshore wind energy market. Request a Free Sample @  https://www.marketresearchfuture.com/sample_request/5996 Asia-Pacific onshore wind energy market dominates the global market due to the rising demand for energy and the highest focus on renewa...

  Market Analysis  Oilfield Services Market is projected to be worth USD 359.57 Billion by 2028, registering a CAGR of 6.45% during the forecast period (2021 - 2028), The market was valued at USD 273.41 billion in 2020.  Various factors are propelling the global  Oilfield Services Market . According to the recent MRFR report, such factors include the global rise in oil & gas production, increasing extraction of shale gas, discovery of new oil and gas fields, growing crude oil production, use of EOR in maturing oilfields, and demand for advanced equipment, tools, and technology to boost the efficiency of production and exploration activities in offshore & onshore areas. Additional factors adding market growth include growing demand for energy, technological advances in the oilfield, rising productivity from new and mature reserves, growing investments in ultra-deep and deep-water exploration projects, rising consumption of oil & gas resources, the launch o...

  Market Highlights Offshore pipeline market was valued at $11.97 billion and is expected to reach $15.11 billion with an estimated CAGR of 3.1% as per the forecast period. Offshore pipelines Market  are either below the seabed or inside a trench placed on the seabed. They are connected to the land with the help of a process platform or a wellhead. Such pipelines are used to transfer oil through closed tubes in the oil & gas industry. They form one of the fastest and reliable modes of transporting offshore oil and gas. The advantages of offshore pipelines include improved efficiency and oil capacity. The increasing demand for natural gas in Asia-Pacific and rising investments in offshore pipeline infrastructure are expected to drive the market for offshore pipeline market during the forecast period. The demand of natural gas is rising in Asia-Pacific owing to the increase in the use of natural gas in various industries. As per the data published in BP Statistical Review of...

  Market Analysis  Modular Substation Market size is projected to be worth USD 26.85 Billion by 2027, registering a CAGR of 9.05% during the forecast period (2021 - 2027), The market was valued at USD 16.12 billion in 2020. Various factors are propelling the  Modular Substation Market . According to the recent MRFR report, such factors include the growing modernization of electric substations, growing industrialization, and urbanization, cost-effective & compact, ample commercial and technical benefits, ready to install, reduce spatial need, and growing power generation capacity plan worldwide. Additional factors adding market growth include the burgeoning need for refurbishing/replacing of aging substation infrastructure, increasing electricity demand in India & China, booming infrastructural and industrial development activities, lower installation time, space saving, and enhances aesthetics and safety.  However, a slow implementation of various electrifica...

  Overview: The global market report containing the  microbial enhanced oil recovery market  has predicted rise by 20% during the forecast period of 2027. Market Research Future (MRFR), in its attempt to understand the market, revealed various factors and dynamics that can trigger market growth. Rising offshore exploration activities, growing demand for fuel, demand for cost-effective measures, the enhanced oil recovery process, and others are expected to make sure the market stays on its growth track in the coming years. Its features like removing the obstacles posed by the rocks and reservoirs' impermeability, the high viscosity of petroleum, and high capillary forces are also expected to trigger growth.  However, the rising adoption of alternative methods can disturb the growth process of the global  Microbial Enhanced Oil Recovery Market Growth . Request a Free Sample @  https://www.marketresearchfuture.com/sample_request/2741 Segmentation: The global s...

  Market Scenario As per the recent assessment by Market Research Future Reports (MRFR), the worldwide  micro turbines market  is estimated to grow at a CAGR of 10% during the assessment period. The increasing demand for clean energy is the most substantial factor augmenting the global micro turbines market 2020. The easy availability of fuel is another factor causing the rise of micro turbines market. Moreover, there has been a surge in demand for cogeneration application which is likely to drive an inclination towards microturbines. Besides, the increasing concern of for global warming due to the toxic effect produced by the burning of fossil fuels is projected to lead the microturbine market during the review period. Also, the increasing demand for cogeneration application is contributing significantly in the market expansion. Besides, the ageing of grid infrastructure and the augmenting need for green energy are other significant factors leading to market growth. More...

  Market Scenario Industry Controls and Factory Automation Market is expected to expand at   USD 251.3 Billion, 8.93% CAGR  during the forecast period Market Research Future (MRFR), studied the long-term and short term impact of COVID-19 on the global  Industry Controls and Factory Automation Market  2021. As per MRFR analysis, the Industry Controls and Factory Automation global Market can rise at about 9.30% CAGR in the forecast period. The report on the Industry Controls and Factory Automation Market comes along with detailed analysis of the COVID-19 pandemic impact on the market. Increase in Industrial controls and factory automation systems, such as control systems and other related networks can prompt the expansion of the world industry control and factory automation market across the globe. The rise in applications of industrial automation components to control different processes and assets can boost the expansion of the world market of industry control a...

  According to Market Research Future (MRFR), the global hydraulic fracturing market is estimated to expand at a 14% CAGR from 2018 to 2023 (forecast period). The study addresses and examines the effect of the outbreak of COVID-19 on the  global hydraulic fracturing market , including potential opportunities and challenges, drivers, and risks. The energy sector has seen the transition from conventional crude oil and natural gas to shale oil & gas and gas hydrates. With the rising demand for fuel from growing nations, large-scale production of shale oil has begun globally. Most shale rocks are semi-permeable, and hence the oil produced is called tight oil. Conventional drilling techniques, as well as drilling fluids used for the production of normal crude oil or gas, are inefficient to extract oil from these rocks. Hydraulic fracturing technology benefits from rising shale production and increased demand for energy fuels. Fracturing helps to form cracks in tight rocks and t...

  Global Grid-Scale Battery Market Report Grid scale battery market is projected to have significant growth by 2023 with a CAGR of more than  32%  during the forecast period. Market Overview The growing demands for energy-efficient equipment and energy storage have boosted the  grid-scale battery market . It is primarily used for electricity storage on large scales. As the environmental concerns increase, the investments in power generation from renewable resources are increasing, which has increased the demand for better storage alternatives. Hence, the demand for grid scales battery is increasing and will register impressive growths in the future. The companies are working towards improving their production and supply chains to meet the increasing demands, which has resulted in a decrease in overall costs, resulting in increased adoption. The companies are investing in research & development programs to increase the reliability of large batteries, which has res...

 The Gas Generator Market is predicted to increase the market share at a USD 6.67 Billion for the forecast period. Further, the market has estimated to grow more than 4.32% CAGR for the forecast period.  The steadily rising demand for gas generators is estimated to aid on the expansion of the  Gas Generator Market  in the impending period. The current downfall in internal oil & gas prices is predicted to lead to the evolution of the gas generator market in the forthcoming period. The upswing in power outages in certain regions has become more frequent, and this is estimated to boost the gas generator market. Segmental Analysis The segmental investigation of the gas generator market is conducted on the basis of end-user, power capacity, and regions.   On the basis of end-user, the gas generator market has been segmented into commercial & industrial, residential and utility. Based on the regions, the gas generator market has been segmented into t...

  Market Overview The floating solar panels market size value is expected to reach USD 2201.8 million by 2027. During this period, the market is likely to register a CAGR of approximately 24.53 %. Growth Drivers and Key Restraints Traditional solar panels are generally installed on roof tops or free land. But these have a downside, as they occupy a massive amount of land. A number of countries are observing depletion of free land where solar panel systems can be installed on a large-scale basis. This issue has been addressed in the form of the  Floating Solar Panels Market  technology, which makes use of water surface. These can be installed on lakes, ponds, rivers, sea and reservoirs, which leads to their high demand and the expansion of the floating solar panels industry. Floating solar panels market growth is largely dependent on the increasing preference for clean energy among various countries. Subsidies as well as tax benefits provided by governments, to boost ...