Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

July 28,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Steam Turbine Market.

Steam Turbine Market is likely to witness a steady CAGR of more than 2.5%, during the forecast period. This is primarily because of the several regulations for the promotion of low carbon fuels in order to reduce the environmental hazardous emissions. Also, there has been a growing focus towards the development of low scale thermal power plants, which is significantly fueling the market growth. In addition, on account of the growing preference towards optimizing energy across industries, there would be a surge in the overall market demand, globally. In other words, with the increasing requirement for electricity, there would be a higher demand for steam turbines during the forecast period.

Steam turbines extract thermal energy from steam on high pressure and use it to perform mechanical work on a rotating output shaft.  This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.Based on the capacity type, the market is segmented as < 50 KW, 50 kW to 500 KW, 500 KW to 1 MW, 1 MW to 30 MW, 30 MW to 70 MW, > 70 MW. The >70 MW segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Growing demand for energy from wide array of sectors is likely to drive the growth of the market.

Based on the design type, the market is segmented into reaction and impulse. The major factors that drive the market share for impulse design steam turbines are low maintenance and operation costs and their compact size. Similarly, the key reason due to which the reaction design steam turbines are used is their high efficiency.

Based on the fuel type, the market is segmented into fossil fuel, biomass, and geothermal. The major factors that drive the usage of biomass are the various measures taken by industries to reduce the carbon footprint in the atmosphere along with the stringent government regulations to check the industrial emissions. Therefore, the biomass market segment is expected to grow at a good pace over the forecast period.

Based on the technology type, the market is segmented into steam cycle, combined cycle, and cogeneration, among which, the steam cycle technology is expected to generate the largest demand over the forecast period. It is estimated that the increasing installation of coal-fired plants in the South East Asian countries in the recent years, will escalate the demand for steam turbines with steam cycle technology, during the forecast period.

Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, Asia-Pacific is expected to be dominant throughout the forecast period. The market growth in this region is majorly attributed to the growing demand for steam turbines in countries such as Thailand, Japan, South Korea, and Indonesia, among others, due to the development of a number of coal-fired plants in these countries. North America and Europe are also expected to offer promising growth opportunities during the forecast period.

Key Players:               

• Ansaldo Energia
• Elliott Group
• DONGFANG TURBINE CO., LTD.
• Fuji Electric Co., Ltd.
• General Electric
• Kawasaki Heavy Industries, Ltd.
• Mitsubishi Power, Ltd.
• Mitsui E&S Holdings Co., Ltd.
• Siemens Energy
• Toshiba America Energy Systems Corp.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Steam Turbine Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 27,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Reservoir Analysis Market.

Reservoir Analysis Market is likely to witness a CAGR of 4.3% during the forecast period. The major factors that are driving the reservoir analysis market are increasing energy demand from emerging economies, growing focus on mature oil and gas fields and new field developments, and mounting reliability in reservoir analysis on account of technology advancements.

Reservoir Analysis develops and collects surface data to integrate analysis of rocks, pores, and fluids from various reservoirs. Further, it calculates dynamic rock & fluid properties and gives reservoir model indirect measurements. It is used in both conventional and nonconventional reservoirs. On the basis of services, it can be categorized into reservoir simulation & geo modeling, data acquisition & monitoring services, and reservoir sampling services.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the service type, the market is segmented as reservoir simulation & geo modeling, data acquisition & monitoring services, and reservoir sampling services. The data acquisition & monitoring services segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. It aids in enhancing reservoir functionality and improves production by providing real time information with real time information with a faster decision cycle.

Based on the reservoir type, the market is segmented as conventional and unconventional reservoir. The unconventional reservoir type segment is expected to grow at a higher rate during the forecast period. Development of new technologies and the abundant presence of unconventional resources, globally, are expected to drive the growth of the segment.

In terms of regions, North America is estimated to be the largest market during the forecast period. Increased oil & gas exploration activities from unconventional resources in the USA is the major factor driving the North American market. Asia-Pacific and Europe are also expected to offer sizeable opportunities during the forecast period.

Key Players:

• Schlumberger Limited,
• Halliburton Company,
• Baker Hughes Incorporated,
• Weatherford International, PLC,
• CGG SA,
• Core Laboratories,
• Tracerco,
• SGS SA, ALS Oil & Gas,
• Expro Group,
• Geokinetics,
• Intertrek,
• Paradigm,
• Roxar Software Solutions AS,
• Trican Well Service Limited.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Reservoir Analysis Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 26,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Ultrasonic Flow Meter Market.

Ultrasonic Flow Meter Market is likely to witness an impressive CAGR of 6.8% during the forecast period. Increasing investments in green fields in the regions such as China, surge in demand for advanced flow measuring technologies, and growth in shale gas exploration activities in the US. are the major governing factors fueling the growth of the market during the forecast period.

Ultrasonic flow meter is a volumetric device which helps in measuring the flow of fluids with the ultrasound to calculate volume flow. Ultrasonic flow meter can also be used for bidirectional flow and it offers higher accuracy of the order of +/-2% of full scale. It is expensive and has a complex structure which offers very good and dynamic response. It is generally used for wastewater application or any dirty liquid which is conductive or water based.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the implementation type, the ultrasonic flow meter market is segmented as clamps-on, inline, and others. The clamps-on segment led the market in 2020, and is expected to remain dominant during the forecast period. The segment helps in measuring the flow without interruption in the process. In addition, the flow rate under different challenging environment areas is expected to boost the market’s demand.

Based on the technology type, the market is segmented as transit-time, doppler, and hybrid. The transit-time segment captured the largest share of the market in 2020, and is expected to grow at the fastest pace during the forecasted period, owing to its bi-directional and precise flow measurement advantages. Further, the segment holds over 80% share of the total market.

Based on the end-user type, the market is segmented as oil & gas, power generation, water & wastewater, and others. The oil & gas segment leads the market and is likely to be the fastest-growing segment during the forecasted period due to the accurate flow measurement, which is required for custody transfer applications.

In terms of regions, Asia-Pacific is estimated to dominate the ultrasonic flow meter market during the forecast period as the region’s most players are operating in flow meters, that find their manufacturing plants in the Asia-Pacific region. The number of investments is increasing in water & wastewater, energy, power, refining, chemicals, in China and India, which is driving the growth of the market.

Key Players:               

• Siemens
• Danfoss
• Fuji Electric
• Badger Meter
• GE
• Endress+Hauser
• Honeywell
• KROHNE.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Ultrasonic Flow Meter Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 23,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Aeroderivative Gas Turbine Market.

Aeroderivative Gas Turbine Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the aeroderivative gas turbine market are increasing investment towards power & heat generation facilities and government supports in terms of rebates, incentives, and subsidies.

Aeroderivative gas turbines are lightweight configurations of gas turbines designed in such a way that fuel and air are mixed and ignited in one system to achieve desired output such as heat, electrical and mechanical energy. In this report, the market is segmented on the basis of capacity type into (<50 kW, 50 kW to 500 kW, >500 kW to 1 MW, >1 MW to 30 MW, >30 MW to 70 MW, and >70 MW. On the basis of technology type into open cycle and combine cycle. And based on the application type into Power Plants, Oil & Gas, Process Plants, Aviation, Marine, and Others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the capacity type, the market is segmented as < 50 KW, 50 kW to 500 KW, 500 KW to 1 MW, 1 MW to 30 MW, 30 MW to 70 MW, > 70 MW. The >70 MW segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Growing demand for energy from wide array of sectors is likely to drive the growth of the market.

Based on the application type, the market is segmented as power plants, oil & gas, process plants, aviation, marine, and others. The aviation segment held the largest share of the market and is also expected to witness a healthy growth during the forecast period. Huge aircraft fleet size along with continuous increase in demand for new aircraft to meet rising passenger traffic is the major factor behind the dominance of the aviation segment.

In terms of regions, Europe is estimated to be the largest market for aeroderivative gas turbines during the forecast period. Huge aircraft fleet size, significant demand from power plants and processing plants, expanding oil & gas and marine industries are the major factors behind the dominance of the region. North America and Asia-Pacific are also expected to witness a healthy demand for aeroderivative gas turbine during the forecast period.

Key Players:               

• General Electric
• Siemens AG
• Mitsubishi Hitachi Power Systems, Ltd.
• Wärtsilä
• Kawasaki Heavy Industries Ltd.
• Opra Turbines B.V.
• Solar Turbines Incorporated
• Harbin Turbine Company Limited
• Bharat Heavy Electricals Limited
• Vericor Power Systems
• MAN Energy Solutions
• Capstone Turbine Corporation
• Cryostar
• UEC Saturn
• Zorya-Mashproekt.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Aeroderivative Gas Turbine Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 23,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Waste Heat to Power Market.

Waste Heat to Power Market is likely to witness an impressive CAGR of 12.1% during the forecast period. Major factors such as growth in the robust industrial sector and surge in energy demand are bolstering the product adoption across developing economies. Further, stringent government mandates along with increasing focus to curb emissions has aligned industrial inclination toward integration of effective energy conservation measures, which is likely to drive the market during forecast period.

Waste heat to power is the capturing of heat discarded from an industrial process which could be further used to generate electricity. The waste heat streams are generated from turbines, engines, furnaces, ovens, etc. across the industrial sector.  Also, landfills, mining sites, and compressor stations generate waste heat to power, which is predominantly applied in industrial sectors where the characteristics of waste heat stream are favorable.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the waste heat to power market is segmented as steam rankine cycle, organic rankine cycle, and kalina cycle. The steam rankine cycle segment is estimated to grow with the highest CAGR during the forecast period. The segment is preferred due to its ease of operation and low maintenance cost.

Based on the application type, the waste heat to power market is segmented as petroleum refining, cement industry, heavy metal production, chemical industry, pulp & paper, food & beverage, glass industry, and others. The cement industry segment is expected to remain the largest segment by application type over the forecast period. Growing prominence of ORC-based systems and huge potential for heat recovery offered by cement industry are driving the waste heat to power market for cement industry applications.

In terms of regions, Europe is estimated to be the largest market for waste heat to power during the forecast period. Technological innovations, supportive government policies and efforts to reduce GHG emissions are the factors responsible for the growth of the waste to heat market in this region. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

• IHI Corporation
• AMEC Foster Wheeler Ltd.
• Cochran Ltd.
• Forbes Marshall Private Limited
• Rentech Boiler Systems Inc.
• Thermax Limited
• Viessmann Limited
• General Electric
• Ormat Technologies
• Exergy SPA.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Waste Heat to Power Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors