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Variable Frequency Drive (VFD) Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2031

Variable frequency drives demand is set to grow at over 4% in 2021, with growing emphasis on heating, ventilation and air conditioning (HVAC) systems and automotive pumps which are expected to generate substantial growth opportunities. The projections are based on the latest edition by Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

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The global automotive industry has made prolific advances in the recent past. Emerging as a multibillion dollar industry, the autonomous market is characterized by the emergence of a plethora of start-up investments. Consequently, adoption of high-end HVAC systems and pumps has registered an impressive uptick. According to FMI’s projections, the aforementioned segments collectively accounted for nearly US$ 10 Bn as of 2019.

Prolific growth opportunities exist in the Chinese market, owing to an ever mushrooming automotive industry. Future Market Insights estimates the economic giant to produce 4.5 million variable frequency drives by 2021-end, as production cycles revert to normalcy in the aftermath of the coronavirus crisis. Hence, manufacturers are introducing a slew of technological innovations to tap this ever expanding opportunity, thus generating powerful revenue ecosystems across the forecast period.

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Key Takeaways of Variable Frequency Drives Market Study

AC drives adoption surging in popularity by drive type; set to acquire 260 BPS by 2031-end U.S. and Germany to emerge as highly lucrative markets, owing to growing EV sales Growing concerns over excessive power consumption compelling automotive manufacturers to invest in low-voltage VFDs Regenerative applications to find growing applications, reaching nearly US$ 15 Bn by 2021-end Pumps and HVAC systems to collectively expand at a value CAGR worth 13% from 2021-2031 “Rapidly expanding infrastructure for capital projects are attracting frequent capital investments, attributed to the increasing scale of urbanization. Hence, automotive sales are rising, leading to widening revenue pools for VFD manufacturers,” says the FMI analyst.

Competitive Landscape

The variable frequency drives market is a highly competitive market, with a sizeable presence of both global as well as domestic players. However, key players account for nearly half of the market share. It is characterized by large supplier base and strong B2B networks.

The market has robust partnerships throughout the value chain. Suppliers of variable frequency drives adopt acquisition and regional expansion strategies to establish a foothold. Brand consciousness and aggressive marketing makes it challenging for new entrants in the variable frequency drives market.

Competitive Landscape

The variable frequency drives market is highly competitive, dominated by global as well as regional players offering cost-competitive products. While Tier-1 players comprise nearly half of the global market share, over three-fifth of the revenue is yielded by tier-2 players.

Large supplier base and strong B2B networks define the robustness of the market with strong partnerships throughout the value chain. Suppliers of variable frequency drives adopt acquisition and regional expansion strategies to establish a firm foothold. Brand consciousness and aggressive marketing makes it challenging for new entrants in the variable frequency drives market.

Some of the leading companies operating in the market are:

ABB Ltd
Siemens AG
Danfoss A/S
Rockwell Automation
GE Energy Power Conversion
Toshiba International Corporation
Schneider Electric
Mitsubishi Electric Corporation

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More Insights on FMI’s VFD Market

A recent market study published by FMI on the variable frequency drives market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. The market has been segmented on the basis of drive (AC drive & DC drive), voltage range (low and medium), application type (standard and regenerative), end-use application (pump, fan, compressor, conveyor, HVAC and others) and end-use industry (oil & gas, food processing, automotive, mining & minerals, pulp & paper and others) across five major regions.

Key Questions Answered in the Report

Q1. Which is the most lucrative market for variable frequency drives?
Q2. Which is the top-selling variable frequency drive?
Q3. Which is the key application of variable frequency drives?
Q4. Who are some of the leading variable frequency drives manufacturers?
Q5. Which VFD type is driving sales of variable frequency drives?

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Solar Micro Inverter Market expand at a 16.6% CAGR over the forecast period 2022-2026

The global solar micro inverter market is expected to reach US$ 488.2 Mn by 2016 end and expand at a 16.6% CAGR over the forecast period (2016-2026).

Solar Micro Inverter is a DC to AC inverter used with photovoltaic installations. Unlike conventional string/central inverters, a micro inverter works on Module Level Power Electronics i.e. power conversion takes place at individual module level. This mitigates the negative effect of module mismatch and improves the overall efficiency of the system. Micro inverters also enable module level monitoring, easier installation, enhanced design flexibility and better safety than conventional inverters

Increasing preference towards more efficient systems is fuelling the demand for micro inverters. Along with this, rapidly falling prices of micro inverters is also assisting the product to gain significant penetration in the global solar micro inverter market.

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The escalating demand for solar micro inverters will continue to penetrate the market for module-level power electronics, owing to falling prices and upcoming products.

The higher adoption of photovoltaic installations is a key factor driving the growth of the global solar micro inverters market. Moreover, rising preference for fully integrated PV modules or AC Modules, is anticipated to fuel the demand for solar micro inverters. The U.S. National Electric Code (NEC) also favours the usage of micro inverter technology and is driving the demand for micro inverters in the North American market. However, the use of power optimisers as an alternative to micro inverters can restrain the growth of the global solar micro inverter market.

On the basis of system type, the global market for solar micro inverters is expected to be dominated by Stand Alone system sales, followed by micro inverter systems sold for developing AC Modules, named as integrated systems. In 2015, the stand alone solar micro inverter systems procured global market share of 96.7%, and are expected to attain estimated revenues of US$ 471 Mn by 2016-end.

By end-user type, the residential segment of the global market will continue dominance over the commercial segment by attaining a market share of 76.2% in 2016. Among residential end-users, changing consumer preference for more efficient and safe inverter alternative will prompt the replacement of conventional inverters with solar micro inverters. Dropping prices and rising commercial scale PV installations will incite extensive growth in the demand for solar micro inverters among the commercial segment as well.

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Due to the varying use of micro inverters across the world, global players are concentrating on regions where awareness about using renewable energy resources is higher. Robust adoption of PV storage systems in the U.S. will continue to fuel demand for solar micro inverters in North America, and the region is expected to attain market value of US$ 282.2 Mn in 2016. Moreover, Asia Pacific excluding Japan (APEJ) is expected to be a lucrative region for the growth of the global market. The growing trade of inexpensive inverters in China and India will boost the demand for solar micro inverters in APEJ region. The key players contributing to the growth of the global solar micro inverters market include, SMA, Darfon Electronics, ABB, APSytems, Chilicon Power, iEnergy, Enphase, NEP, SunPower, and Sparq Systems among others.

Long-term Outlook: The global solar micro inverters market is expected to expand at a CAGR of 16.6% during the forecast period 2016-2026. Over the forecast period, North America and APEJ will continue to be the most profitable regions for the growth of the global market for solar micro inverters.

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Commercial Refrigeration Equipment Market 2022 Key Players, End User, Demand and Consumption by 2029

Worldwide sales of commercial refrigeration equipment, which witnessed an increase of 3.4% compared to 2018, will exceed US$46 billion in revenue by the end of 2019. As a recent research study by Future Market Insights (FMI) shows, the Commercial Refrigeration Equipment Market will develop at a moderate CAGR between 2019 and 2029. Demand will be driven significantly by more production of F&B products and preferential movement of consumers. We aim to become a quick service restaurant (QSR) at the global level.

Sustainable and energy-efficient refrigeration systems will become the standard across end-use industries, forcing manufacturers to increase their investment in R&D and product innovation. Leveraging energy efficient technologies to offer low global warming potential (GWP) products with multiple features will be your ticket to gaining significant market share in the long run.

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Commercial Refrigeration Equipment Market Key Takeaways

Sales of commercial refrigeration equipment are increasing, driven by growing demand for ready-to-eat products and expanding retail outlets.
North America and Europe will account for more than half of the market value share by the end of 2029.
The food service sector will remain a major application for investment in commercial refrigeration equipment market players.
The implementation of new refrigerant regulations such as the EPA 680 upgrade and the Kigali amendment to phase out HFC refrigerants will have a significant impact on market growth.
The higher average unit cost of freezers and refrigerators implied lower sales compared to value profit, with approximately 2.6 million units sold in 2018.
Glass door merchandisers, which account for about a third of total sales, continue to see relatively low revenue generation compared to freezers and refrigerators.
Sales of beverage dispensers and display cases across end-use industries will show modest year-over-year growth in 2019, accounting for nearly 16% of total commercial refrigeration equipment sales that year.

Manufacturers who keep their innovation index high, provide turnkey solutions that meet regulatory requirements, and put end-user safety at their core will be rewarded in the long run.

Commercial Refrigeration Equipment Market Share by Regions in 2019

Chinese players targeting the domestic market

The rapid adoption of alternative refrigerants to benefit from regulatory standards along with the expansion of the F&B processing industry in developed markets continues to contribute to the development of the commercial refrigeration equipment market. The growth of the commercial refrigeration equipment market in the Asia Pacific region has been driven by the shift in Asian eating habits to Western convenience foods. The ability to manufacture their own compressors gives Chinese companies a competitive edge to gain an edge in their own markets with their own brands.

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competitive trends

In 2018, the top four stakeholders, including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation, accounted for a total revenue share of 20-25%. The emergence of a large number of smaller players in developing countries has created price competition, and leading market players have lost profits. Market segmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of regional participants.

Increased capital expenditure on refrigeration systems

The number of retail outlets worldwide has grown significantly over the past decade. Major players in the retail sector are expanding their presence in emerging markets in the Asia Pacific region, particularly India and China, taking advantage of the growing consumer spending power in these countries.

The retail market in developing countries is quite fragmented. However, favorable government policies on investment in the retail sector in developing countries such as India and China have led to significant growth in the organized retail sector.

Changing Consumer Preference from FSR to QSR

The rapidly changing lifestyle and shift towards westernization have shifted consumer preferences from full service restaurants (FSRs) to quick service restaurants (QSRs). The number of quick service restaurants has increased significantly in recent years. Consumer spending on QSRs increased 4.1% between FY2005 and FY2015, bringing the total market value in FY2015 to approximately $275 billion. Accordingly, overseas and local companies are making significant investments in quick-service restaurant equipment, such as showcases and vending machines.

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This FMI Report is an extensive analysis of the Global Commercial Refrigeration Equipment Market that provides actionable insights on how the market growth will develop during the forecast period 2019-2029. The Commercial Refrigeration Equipment Market has been segmented into various segments for analysis. Based on the type of refrigeration equipment, application and region. This study provides valuable information on the key competitive trends and most preferred development strategies of the leading market brands.

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Commercial Refrigeration Equipment Market SegmentationThe Global Commercial Refrigeration Equipment Market is segmented in detail to cover all aspects of the market and to present readers a complete market intelligence approach.

by product

beverage refrigerator
Freezer and Refrigerator
- Freezers and Chillers
- Refrigerator
transport refrigerator
glass door merchandiser
showcase
beverage dispenser
refrigerated vending machine
ice machine
ice cream machine

by application

food service
Food and Beverage Retail
Food and beverage production
food and beverage distribution

by region

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa

Water Softening Systems Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

As per ESOMAR-certified consulting firm Future Market Insights (FMI) recent market survey, the global water softening systems market is anticipated to expand at a robust 6.5% CAGR between 2021 and 2031, surpassing a market valuation of US$ 10.82 Bn in 2021.

Key trends shaping the water softening systems market include product innovations in the systems associated with high efficacy, technological advancements, and durability, along with growing concerns regarding water contamination across the globe.

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Increasing adoption of water softening systems due to excessive mineral composition in water will drive sales in developed countries such as the U.S., the U.K., Germany, and Italy. The presence of leading market players will also augment market growth during the forecast period.

water softening systems market characteristics and attributes with regional relevence, 2021-2031

Growing awareness regarding water quality and government-led initiatives such as smart cities, coupled with non-governmental initiatives for promoting water sanitation and public health will generate demand in emerging markets including India, China, South Korea, and Brazil.

Application will continue increasing in the residential sector. FMI sees impressive prospects for non-electric water softening systems sales across households. Government policies adopted towards making clean water available for all will continue aiding sales growth in this segment.

“Conscious efforts to spread water quality awareness led by government and non-profit organizations, along with product innovations in water softening systems aimed at providing better efficacy and enhanced performance will augment market growth in the upcoming decade,” says the FMI analyst.

Key Takeaways from Water Softening Systems Market Survey

Based on design, twin-cylinder water softening systems will dominate the market.
Residential sector will experience increased adoption of water softening systems throughout the assessment period.
The U.S. will continue dominating the market due to the high concentration of market players.
Sales outlook in the U.K. is projected to be positive with increasing applications of water softening systems in households.
India will emerge as a lucrative market for sales of water softening systems, owing to growing awareness regarding water quality in the country.

Competitive Landscape

EcoWater Systems LLC, Culligan International Company, Kinetico Incorporated, Hydroflux, Envicare Technologies Pvt. Ltd., Wychwood Water Systems Ltd., Harvey Water Softeners Ltd., Pelican Water Systems, BWT AG, Marlo Incorporated, Monarch Water Ltd., Qingdao Haier Co., Ltd., Atlas Filtri, Watts Water Technologies Inc., Feedwater Limited and Canature Health Technology Group Co Ltd. are among the top manufactures in water softening systems market, as profiled by FMI.

To manufacturers of water softening systems account for approximately 1/5^th of the total sales of water softening systems. Lucrative strategies adopted by key players include new product launches, site expansions, mergers, acquisitions, and collaborations. For instance

In May 2021, Culligan International was acquired by BDT Capital Partners, LLC, entering its next phase of growth by accelerating consumer strategy and extend its international footprint by innovating products with digital growth initiatives.
In April 2021, Watts Water Technologies launches a new brand ‘Lync’ to provide solutions that address growing concerns in commercial buildings regarding water quality and preventing risks of infections from water-borne pathogens, while ensuring reliability and durability in the long run.

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More Insights on the Water Softening Systems Market

In its latest report, FMI offers an unbiased analysis of the global water softening systems market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of operation type (electric and non-electric), application type (residential, industrial and commercial), design (mono cylinder, twin-cylinder, multi-cylinder), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Water Softening Systems Market by Category

By Operation Type:

Electric
Non-Electric

By Application Type:

Residential
- Salt-based
- Salt-free
Industrial
Commercial

By Design:

Mono Cylinder
Twin Cylinder
Multi-Cylinder

By Region:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding Japan
Japan
Middle East and Africa (MEA)

Key Questions Answered in the Report

What is the current water softening systems market value?
At what rate did the water softening systems market grow between 2016 and 2020?
What are the key trends driving water softening systems sales?
Who are the leading players in the water softening systems market?
What will be the demand outlook for North America water softening systems market?
At what rate will water softening systems demand rise in Europe?
Which are the key exporters of water softening systems?
Who are the key producers of water softening systems?
What is the Japan and South Korea growth outlook for water softening systems market?

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Asia Pacific Flexible Glass Market – Future Scenario, Key Insights, Top Companies 2020

Future Market Insights (FMI) announces the release of its latest report titled, “Asia Pacific Flexible Glass, Market Opportunity; 2014 to 2020 Forecast.” According to the report, the Asia Pacific flexible glass market is expected to account for $612.7 Mn by 2020, registering a CAGR of 36.5% during the forecast period. Incorporation of flexibility threshold in displays is expected to contribute to the growth of the Asia Pacific flexible glass market over the forecast period.

Asia Pacific flexible glass market is projected to reach US$612.7million by 2020 at an estimated CAGR of 36.5% during the forecast period. Flexible glass is one of the emerging materials for commercial applications such as flexible displays, paper displays and roll-able solar panels. Its unique property to be easily rolled or folded allows electronics component manufacturer to utilize it in variety of applications.

In terms of application, Asia Pacific flexible glass market is mainly segmented into display and solar PV (photovoltaic). Currently, display application segment dominates the Asia Pacific flexible glass market. The display segment was valued at US$ 74.2 Mn in 2013, and is expected to reach US$ 417.3 Mn by 2020, exhibiting a CAGR of 33.4% for the forecast period. Moreover, the development of Roll2Roll process is expected to create a demand for flexible glass in solar PV application. As a result, solar PV is projected to be the fastest growing application segment for the forecast period.

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The display application is further sub-segmented as smartphones and tablets, curved TV, building mounted displays and, wearables. Among all the aforementioned sub-segments, smartphones & tablets segment is expected to dominate the market with 50.1% of the total revenue share by 2020. However, curved TV is anticipated to exhibit the highest CAGR of 37.1% during the forecast period. Additionally, influx of new entrants is predicted to fuel the growth of curved TV application segment over the forecast period.

Country-wise, the Asia Pacific flexible glass market is segmented into Japan, China, South Korea and others. Japan is the most lucrative market, followed by South Korea and China. Moreover, Japan is expected to contribute 40.0% market share to the Asia Pacific flexible glass market by 2020. The growth of South Korea market is supported by the strong presence of smartphone & TV manufacturers along with growing number of R&D centres in South Korea.

Assessing the various factors driving this market, FMI lead analyst, Abhishek S. said, “Incorporation of flexibility threshold in displays, development of Roll2Roll process for flexible PV and growing R&D investments in flexible glass by key glass manufacturers are expected to fuel the demand for Asia Pacific flexible glass market.”

Key players in the Asia Pacific flexible glass market are Asahi Glass Co., Ltd., Corning Inc., Schott AG and Nippon Electric Glass Company Ltd.

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Ultra Violet (UV) Lamps Market Research Report 2022 – Global Forecast till 2025

Future Market Insights (FMI) delivers key insights on the global UV lamps market in its latest report titled “UV Lamps Market: Global Industry Analysis and Opportunity Assessment, 2015–2025”. Global UV lamps market revenue is projected to expand at a CAGR of 11.3% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

On the basis of lamp type, the market has been segmented into UV LED and UV mercury lamp, with the latter representing nearly 90% revenue share of the global UV lamp market in 2014; FMI expects this segment to witness a decline of 27 BPS by the end of 2025.

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UV mercury lamp segment is categorised into low-pressure, medium- pressure and amalgam mercury lamp. Among these, amalgam mercury lamp dominated the UV mercury lamp segment market, accounting for over 40% of the UV mercury lamp market in 2014.

On the basis of end-use application, the UV lamps market is segmented into wastewater treatment, water treatment, air treatment, surface treatment and food and beverages disinfection. Revenue contribution by the food and beverages disinfection segment was over 25.1% in 2014, which is projected to increase to 28.2% by the end of 2025, gaining 309 BPS and expanding at a CAGR of 12.5% during the forecast period.

Water treatment segment is categorised into industrial process water treatment, water treatment, commercial water treatment, residential water treatment, municipal pool and spa, and others. Municipal water treatment sub-segment accounted for the highest revenues in 2014, and this trend is expected to continue through 2025.

Air treatment is further sub-segmented into residential and commercial, healthcare facilities, and others. Among these, residential and commercial sub-segments accounted for bulk of the revenues in 2014; FMI estimates this segment to retain its dominance throughout the forecast period.

Increasing Municipal Infrastructure Investment Driving Adoption of UV Lamps

Growth of the global UV lamps market is mainly driven by increasing municipal infrastructure investment, safety measures through regulations, increasing industrial development and price performance of UV lamps compared to other conventional treatment methods.

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Asia Pacific Excluding Japan (APEJ)was dominant in the global UV lamps market with over 30% market share in 2014, followed by North America with 24.2% market share. APEJ is projected to remain the largest market for UV lamps over the forecast period, driven by increasing municipal infrastructure investment, industrial development and cost-effective solutions offered by UV lamps when compared to the other conventional treatment methods used in the region.

Some key players identified in the global UV lamps market are Trojan Technologies Inc., Xenex Disinfection Services LLC, Xylem Inc., OSRAM GmbH, Koninklijke Philips N.V., Heraeus Holding Gmbh, Calgon Carbon Corporation, Halma PLC, Severn Trent PLC, and Atlantic Ultraviolet Corporation.

Major UV lamp manufacturers in the market are currently focusing on strengthening their partnerships with major UV disinfection equipment manufacturers. In addition, UV disinfection equipment manufacturers are focusing on providing a broad and customised range of UV solutions to cater to the varying and increasing customer demands.

Key Regions

The global UV lamps market has been sub-segmented into seven major regions which include North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa. APEJ dominated the market with over 30% of the overall UV lamp market share in 2014, while Eastern Europe followed with over 20% market share. In addition, APEJ is anticipated to be the fastest growing region in the UV lamp market in terms of revenue contribution.

Key Segments Covered

UV Lamps Market
- Lamp Type
  - UV Mercury Lamp
    - Low-pressure Mercury Lamp
    - Medium-pressure Mercury Lamp
    - Amalgam Mercury Lamp
  - UV LED
- End-use Application
  - Wastewater Treatment
  - Water Treatment
  - Air treatment
  - Surface Treatment
  - Food and Beverages

Key Regions covered:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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Telecom Tower Power System Market 2022 | Present Scenario and Growth Prospects 2031

Global sales of telecom tower power systems are set to be valued at over US$ 3.5 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at over 6.7% CAGR from 2021 to 2031.

According to Future Market Insights, expansion of telecom infrastructure facilities to cover rural and other remote areas has led to stronger demand for telecom tower power systems. Rapid technological advancements in production technologies are also projected to complement market growth in the near future.

In spite of the recessionary effect of the COVID-19 pandemic in 2020, the telecommunication industry in terms of essential service sector has remained unaffected. With the continual demand for high energy efficient solutions, growth of telecom tower power systems is expected to reflect an upward trajectory for the foreseeable future.

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Demand for telecom tower power systems is increasing with the rise in the volume of telecom tower networks in recent years. This can be attributed to an increase in investments and expansion of new telecom infrastructure projects in developing nations.

The growing requirement of mass production has resulted in increased importance of process automation. The market is shifting towards Industry 4.0 norms, leading to the promotion and universal adoption of new production technologies.

global telecom tower power system market overview, 2021e

Increasing number of players focusing on research and development related to telecom tower power systems is anticipated to contribute towards market growth in the years to come.

Key Takeaways from Telecom Tower Power System Market Study

Outdoor telecom tower power systems are projected to hold over 54% of the global market share in 2021, supported by the availability of superior configurations.
The diesel generator + battery segment is set to hold over 41% of the market share as a power source by 2031-end, supported by investments into renewable energy systems.
The U.S. will remain a primary market, backed by rising demand from the energy sector. It is expected to account for over 86% of the demand registered in North America in 2021.
The markets in India and China are set to surge at CAGR of approximately 8% and 7% over the coming decade.
Russia is emerging as a key market in Europe, with a valuation of over US$ 154.5 Mn in 2021, driven by presence of massive telecom infrastructure network.

“The telecom tower power system market is growing at a strong pace driven largely by increasing demand for energy efficient power systems. Increasing investments in the telecommunication industry for the expansion of telecom infrastructure projects will create extensive opportunities for telecom tower power system manufacturers. Industry participants are investing in expansions, strategic alliances, and energy efficient solutions to gain a competitive advantage,” says a Future Market Insights analyst.

Who is Winning?

The telecom tower power system market is moderately consolidated, with key players accounting for more than 55% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to Delta Electronics Inc., Cummins Inc., Huawei Technologies Co., Ltd, Eaton Corporation PLC, Vertiv Group Corporation, STMicroelectronics NV, ZTE Corporation, and ABB Ltd.

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Telecom Tower Power System Market by CategoryBy Product Type:

Outdoor Telecom Power System
Indoor Telecom Power System

By Power Source:

Diesel Generator
Diesel Generator + Battery
Renewable Energy
- Solar
- Wind Turbine
- Biomass

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

Key Questions Answered in the Report

What is the current valuation of the telecom tower power system market?
At what rate did the telecom tower power system market expand in the last 5 years?
What is the telecom tower power system market demand outlook?
What are the key trends prevailing in the telecom tower power system market?
What are the key factors driving the sales of telecom tower power systems?
What is the North America telecom tower power system market outlook?
What is the cumulative share of the top five companies in the telecom tower power system market?
At what rate will the telecom tower power system market grow in Europe?
Which are the top 5 countries exhibiting high demand for telecom tower power systems?
At what rate will the Japan telecom tower power system market grow?

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Below 30 Hp Centrifugal Water Pump Market Development Status, Competition Analysis, Type and Application.

Future Market Insights (FMI) delivers key insights on the Egypt below 30Hp centrifugal water pump market in its upcoming market forecast and outlook titled, “Below 30 Hp Centrifugal Water Pump Market: Egypt Industry Analysis and Opportunity Assessment 2015 – 2020”. The Egypt below 30 Hp centrifugal water pump market is projected to register a steady CAGR of 5.1% in terms of revenue during the forecast period due to various factors, regarding which FMI offers vital insights in detail.

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FMI analyses the Egypt below 30Hp centrifugal water pump market in terms of market value (US$ Mn) and volume (units), by applications, pump type and pump capacity, and provides insightful information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast until 2020.

Below 30Hp centrifugal water pumps are the most used types of pumps in the world due to robust and effective nature. Below 30 Hp centrifugal water pumps find application in various large and small scale industries such as chemicals, construction, waste water treatment and agriculture. On the basis of application type, the market has been segmented into industrial, agriculture and domestic use. The domestic application segment accounted for around 40% revenue share of the overall Egypt below 30Hp centrifugal water pump market in 2014, and is expected to register a CAGR of 4.8% over the forecast period. Agriculture application is estimated to grow at the fastest CAGR during the forecast period. Every application segment is further sub-segmented into monobloc, mini pump and submersible pump. Submersible pumps are widely preferred for all the above mentioned applications; however, monobloc pumps is expected to register a high CAGR over the forecast period. Submersible centrifugal water pumps are widely preferred in Egypt, and account for over 50% share of the Egypt below 30Hp centrifugal water pumps market.

This report covers trends driving growth of each segment and respective sub-segments and offers pricing analysis and insights for each pump type and their respective capacities. From the capacity perspective, segmentation is done on the basis of horsepower for all three types of pumps. A detailed pricing analysis is done for the same. The 25 to 30 Hp pump in the monobloc and submersible pump category are more preferred, while the 1 to 2 Hp capacity pumps account for over 50% share in the mini centrifugal water pump category.

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Increasing investment in housing construction, infrastructure development, expansion of water supply network and increase in agriculture initiatives are some of the macro-economic drivers for the Egypt below 30Hp centrifugal water pump market. Political instability and price volatility are some of the factors restricting growth of the Egypt below 30Hp centrifugal water pump market. Prices of China-made centrifugal water pumps are relatively lower and this is one of the major concerns for global and regional players operating in this market. Adoption of photovoltaic powered centrifugal water pumps and solar powered centrifugal water pumps is trending in the Egypt below 30Hp centrifugal water pumps market.

Key players in the Egypt below 30Hp centrifugal water pump market include Grundfos, KSB Pumps, Xylem Inc., Wilo, Flowserve Corporation, Calpeda and Omega Engineering Egypt. Egypt centrifugal water pump market is largely dominated by regional and local players, and these collectively account for around 70% share of the total centrifugal water pump market. Grundfos accounts for largest share among all others, followed by KSB Egypt and Wilo.

Key Segments Covered

Industrial
- Mini Pumps (0.5-30 HP)
- Monobloc Pumps (0.5-30 HP)
- Submersible Pumps (0.5-30 HP)
Agriculture
- Mini Pumps (0.5-30 HP)
- Monobloc Pumps (0.5-30 HP)
- Submersible Pumps (0.5-30 HP)
Domestic
- Mini Pumps (0.5-30 HP)
- Monobloc Pumps (0.5-30 HP)
- Submersible Pumps (0.5-30 HP)

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U.S.Plastic-to-fuel Market Competitive Growth Strategies Based on Type, Applications, End User.

The U.S. Plastic-to-fuel market is driven by number of factors such as increasing use of plastic, leading to easy availability of feedstock. As estimated by the U.S. Environmental Protection Agency (EPA), plastics accounted for approximately 12.7% of the total Municipal Solid Waste (MSW) generation in the U.S. in 2012.

Future Market Insights (FMI) announces the release of its latest report titled, “Plastic-to-fuel Market : U.S. Industry Analysis and Opportunity Assessment 2015 – 2020”. As per FMI’s projection, the U.S. Plastic-to-fuel market is estimated to generate US$ 42.78 million in revenues in 2015, which is likely to reach US$ 98.26 million in 2020 representing a CAGR of 6.79% through the forecast period of 2016 to 2020.

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Strong need for an alternative fuel due to depleting natural hydrocarbon resources across the globe is also a strong driver for growth of the U.S. plastic-to-fuel market. Furthermore, increasing tipping cost of landfills, coupled with a need for solid plastic waste recycling technology is amongst key factors leading to growth in the market.

However, high initial setup cost of waste processing facilities, in addition to technological complexities occurring due to delicate relationship between type of waste plastic processed, technology, and the output can pose key challenges for growth.

Revenue Generated through Sale of Processor: Key Segment in the U.S. Plastic-to-Fuel Market

The U.S. plastic-to-fuel market is segmented on the basis of revenue generation models followed by key market players. Revenue generation models include revenue earned through sale of processors, revenue earned by sale of fuel produced using conversion technology, and revenues grossed through royalties.

Amongst other segments, revenue generated through sale of processor is estimated to account for approximately 70% of the total plastic-to-fuel market in the U.S. However, revenues earned through royalties is anticipated to witness a CAGR of 7.81% during the forecast period, despite expected to account for a negligible share in revenue in 2020.

Revenue generated through sale of fuels is estimated to account for less than 40% of the total market in 2020. This model is likely to exhibit a lower CAGR as compared to other segments, which can be attributed to a number of technical difficulties faced during the plastic-to-fuel conversion process.

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Competitive Landscape

Key players in plastic-to-fuel business in the U.S. are Plastic2Oil, Vadaxx Energy, Agilyx Corporation and RES Polyflow. The companies active in the market are undergoing expansion plans within and outside the countries. However, one of the key players in the market recently announced closure of one of the plastic-to-oil production facility.

Key market players target landfills, municipalities and major industrial plastic waste generators to ensure constant feedstock availability. Companies are raising capital through equity investors to implement these conversion technologies.

U.S. Plastic-to-fuel Market Segmentation by Revenue Generating ModelThe U.S. plastic-to-fuel market has been segmented in to three revenue generating models, wherein the market revenues can be generated through sale of processors, sale of fuels and royalties earned by companies with proprietary technologies. The revenue generated through sale of processors accounted for the leading share in 2020.

U.S. Plastic-to-fuel Market: Government GrantsAs far as the government grants for recycling technologies is concerned, Pyrolysis, which is widely used to convert waste plastic into fuel is not eligible for recycling grants offered by state governments.

This is due to the fact that the technology is not categorized under recycling technology and is called conversion technology. However, it can still fetch government grants for green job creation and credits incentives for starting a unit in rural area.

Key Segments CoveredThe report analyses U.S. Plastic-to-fuel market on the basis of following segments:

Revenue generation model
- Fuel
- Processors
- Royalties
End Products
- Crude Oil
- Diesel

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Produced Water Treatment Systems Market 2022 | Scope of Current and Future Industry 2029

FMI has segmented the produced water treatment systems market on the basis of technology into primary, secondary, and tertiary. Future Market Insights (FMI) offers an overview of the key technologies used in produced water treatment systems in its research report. The report titled, “Produced Water Treatment Systems Market: Global Industry Analysis and Opportunity Assessment 2022-2029, forecasts the market to amplify at a compound annual growth rate (CAGR) of over 5.8% during the forecast period.

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Primary treatment technologies employ basic, such as settling, media filtration, floatation, and biological aerated filtering to separate solids from water. According to FMI’s research, Alderley plc is one of the dominant players in the primary treatment technologies.

produced water treatment systems market

Secondary treatment technologies involve the use of induced gas floatation, degasser, and membrane separation. Twin Filter BV is a dominant company providing secondary treatment technology in the market.

Tertiary treatment technologies involve the use of absorption and polishing to separate oil content in produced water. These technologies use a combination of technologies to treat produced water. According to FMI, ProSep, Inc. is the dominant player in tertiary treatment technology.

FMI has analysed the produced water treatment systems market in North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

North America is the most lucrative region in the global produced water treatment systems market, accounting for nearly one-third of the global market revenue. In terms of CAGR, the North America produced water treatment systems market is expected to expand at over 8% during the forecast period 2014-2020.

In terms of market share, North America is expected to gain 590 BPS during the forecast period. FMI’s analysis revealed that although all three technologies are widely used in North America, tertiary technology was the largest in terms of market revenue, accounting for US$ 574 Mn in 2014. FMI expects the tertiary technology segment to expand at a double-digit CAGR during the forecast period.

Tertiary technology is more effective than both primary and secondary technology, owing to which it is being widely adopted by end-use industries. The tertiary technology segment of North America is expected to gain a whopping 1310 BPS during the forecast period.

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Onshore crude oil industry in North America represented 49.14 Bn barrels or nearly 80% of produced water in 2012. FMI expects this to reach 116.29 Bn barrels by the end of 2020.

Asia Pacific is the second largest market for produced water treatment systems after North America. The Asia Pacific produced water treatment systems market was worth US$ 960 Mn in 2014; FMI expects it to expand at a CAGR of over 2.8% during the forecast period 2014-2021.

FMI has segmented the competitive landscape of global produced water treatment systems market into treatment systems, mobile systems and rental service, and commissioning and consulting services.

Competitive Landscape

The produced water treatment systems market is highly competitive in nature. Leading market players are upgrading their product portfolio. Besides this, they have adopted various organic and inorganic strategies such as partnerships, advanced product launches, collaborations and acquisitions to dominate the market. For instance,

In March 2021, Heartland Technology partnered with Power-On-Demand, the oil and gas cogeneration solution provider, to deliver innovative, combined power-water solutions to the energy industry that generate cleaner on-site power with reduced greenhouse-gas (GHG) emissions, while providing cost-effective, reliable solutions for produced water disposal and reuse.
In May 2016, GE launched a new water treatment technology called ZeeWeed 700B for the offshore oil and gas industry.
In November 2021, Ovivo Inc., a global provider of water and wastewater treatment equipment, technology and systems, invested over 25 million US dollars for the construction of a state-of-the-art facility that will produce Cembrane’s unique patented Silicon Carbide flat sheet membranes in the United States.

In July 2020, Veolia Water Technologies launched TERION, a standard single-skid unit which combines single pass reverse osmosis and continuous electrodeionization to produce high-grade deionized water for laboratory, power, and general industry.

Key Questions Answered in the Report

What is the current produced water treatment systems market valuation?
What is the demand outlook for produced water treatment systems market?
At what rate did the produced water treatment systems market grow between 2017 and 2022?
What are the key trends shaping the produced water treatment systems market?
What will be the North America produced water treatment systems market demand outlook?
How much Europe contributes towards produced water treatment systems market?
Who are the leading players in produced water treatment systems market?

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