The leaders in the Africa small hydropower market – ESKOM Holdings, Africa Infrastructure Investment Managers, and Siemens AG – have all held significant shares in terms of value for 2015, despite the governments owning the majority of the projects. The collective share of 34% in value by the above players can be related to the massive volume of the Africa small hydropower market held in government projects and regional players.

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As stated in a research report published by Transparency Market Research, the overall competitive scenario within the Africa small hydropower market is likely to remain diverse over the coming years. The large number of service providers is expected to be beneficial to the market’s growth rate in general. At the same time, the overall degree of competition will be determined by the successful and appealing product differentiation brought out by players as well as the maintenance of high value brand identity by the leaders. The Africa small hydropower market is likely to remain a difficult egg to crack for new entrants due to the need to possess expensive proprietary technology. While small hydropower remains a solid source of renewable energy, the rate at which other technologies in renewables is advancing at a swift rate, increasing the threat received by the Africa small hydropower market from alternatives.

The African Small Hydropower market’s potential capacity was 9,752.9 MW in 2015 and is projected to reach 49,706.1 MW by 2024, after expanding at a CAGR of 19.2% from 2016 to 2024.

Low Environment Impact a High Plus for Africa Small Hydropower Market

When it comes to power generation, one of the greater concerns in the world today is the provision of greener energy. This impacts a region on multiple levels. Governments today are fully aware of the worsening effect that continued consumption of non-renewables is going to have on other natural resources as well as the integrity of soil, flora, and fauna. At the same time, renewable energy source present a sustainable and cheap source of energy, a factor of high value for a lot of countries, especially the ones with developing economies,” states a TMR analyst. The overall impact of this driver is already very high and is expected to climb higher over the coming years. Small hydropower projects especially hold a unique spot in renewables due to the fact that they cause little to no change in the flow of the water, increase its temperature, or deplete the oxygen level in the water.

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Other factors also driving the Africa small hydropower market include the low cost associated with the overall generation of hydropower in the long run, as well as the lower capital required to setup small hydropower as compared to other renewables.

Low Access to Small Hydropower Tech Hinders Large-scale Implementation

A lot of regions in Africa are currently out of reach for a number of energy projects, due to their location or the overall lack of technology held by the nations. The Africa small hydropower market is affected by this as well, as the large-scale use of small hydropower becomes next to impossible due to the inaccessibility of relevant technologies to all regions. This is a consistent problem in mini, micro, and pico hydropower projects as well. Other factors diminishing the growth rate of the Africa small hydropower market include the low local capacities of a majority of regions and the absence of supportive infrastructure.

“Off-grid power generation is a highly sought-after and feasible alternative to solve the energy crisis in Africa. Several regions lack the necessary infrastructure needed to create power grids that include renewables on a large scale. However, the use of off-grid small hydropower installations can work in the favor of small areas and help meet their power requirement,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Small Hydropower Market – Africa Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

Key segments of the Africa Small Hydropower Market

Africa Small Hydropower Market: Country Analysis

Ghana
Nigeria
Tanzania
South Africa
Morocco
Zambia
Rest of Africa

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Some of the leading players operating in the patient engagement solutions market athenahealth, Inc., Orion Health Ltd., GetWellNetwork Inc., Phytel, Inc., Medecision, Inc., Axial Exchange Inc., McKesson Corporation, and Allscripts Healthcare Solutions, notes Transparency Market Research (TMR). Key players are offering intuitive and innovative software and technology-based solutions focused on bolstering patient engagement, in order to gain a competitive edge over others.

The global patient engagement solutions market stood at US$6.66 bn in 2014 and is projected to reach US$34.94 Bn by the end of 2023. The market is expected to rise at a CAGR of 23.0% from 2015 to 2023.

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Pharmaceutical Companies to Make Substantial Investment

On the basis of geography, the patient engagement solutions market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa (MEA), and Latin America. Of these, North America dominates the global market and is expected to remain so throughout the forecast period. The substantial growth of the regional market is attributed to a large number of government reforms to boost patient engagement and the focus of healthcare providers for quality care.

Based on end user, the patient engagement solutions market is segmented into pharmaceutical companies, healthcare payers, and hospitals and providers. Currently, the hospitals and providers segment hold the major revenue share. However, the pharmaceutical companies segment is expected to grow at a stellar CAGR of 24.1% from 2015 to 2023. The growing popularity of patient-focused solution has spurred investment by pharmaceutical players.

Growing Demand for Empowering Patients to Take Control of their Health

The growing significance of patient engagement and the need to increase their involvement in the management of various diseases, especially chronic ailments, in a variety of critical care settings are the key factors driving the market. The imperative for holding a meaningful exchange between patient, provider, and clinicians is a key factor stimulating the demand for various patient engagement solutions. The increasing participation of patient populations with their providers is anticipated to enhance the quality care and boost clinical outcomes.

The growing uptake of various self-management programs in hospitals and healthcare institutions has catalyzed the growth of the patient engagement solutions market. The increasing role of technology to empower patients in the control of their care is expected to boost the market. In addition, the growing demand for reducing hospital readmissions has boosted the uptake of patient-focused solutions. Furthermore, the growing popularity of personal digital assistants and the increasing prominence of point-of-care mobile apps to facilitate the delivery of healthcare services are the seminal factor expected to positively impact the growth of the patient engagement solutions market in the coming years.

The inclusion of IT in improving the quality of healthcare services is expected to bode well for the patient engagement solutions market. The growing adoption of electronic health record (EHR) systems is expected to boost the market.

However, the mounting concern of preserving the privacy of patients’ data in IT-based solutions is likely to hinder the market to an extent. Nevertheless, the increasing inclination of healthcare providers and payers toward value-based reimbursement is expected to open up lucrative growth avenues for market players. Furthermore, favorable government regulations in various developing and developed nations, primarily focused at patient-centric services, have accentuated the global market.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Centuries ago, people at waterfronts discovered various applications of Algae. With the passage of time, humans started using algae as agar, alginates, energy source, fertilizer, nutrition, pollution control, bioremediation, pigments, and stabilizing substances. In 2015, these applications formed a global algae market worth US$608.0 mn. Also, Transparency Market Research states that the global algae market is expected to rise at a CAGR of 7.39% for the period of 2016-2024 to reach US$1.1 bn by 2024.

The major share of the global algae market is shared by the key players – Kent BioEnergy Corporation, Algae Tec, Phycal LLC, LiveFuels, Inc., Pond Biofuels Incorporated, Sapphire Energy, Inc., Algae Systems LLC, Dao Energy, LLC, DSM Nutritional Products, Solazyme, Inc., Diversified Energy Corporation, Kai BioEnergy Corp., Algenol, and Algix.

Algae is produced through various ways including open ponds cultivation, closed photo bioreactor cultivation, and raceway ponds cultivation. Many species of algae are produced through these processes and they find their application in aviation sector, marine sector, DHA production (protein sales), road transport, and DHA production (pharmaceutical applications).

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What are the emerging applications of algae that promise a bright future for algae market?

Even though the traditional applications of algae, which are mentioned above, form a significant part of the market, there are some new emerging applications that can take the market to the pinnacle at a quick rate. Among those applications the foremost are – algae as biofuel and algae for bioplastic.

Algae as Biofuel :-

Even though algae fuel releases CO2 when burnt—just like fossil fuels—algae fuel is considered as eco-friendly, unlike fossil fuels. This is because algae fuel releases only the amount of CO2 that was been consumed from environment through the process of photosynthesis.

Today most biofuels are produced from corn and soya; using algae instead would be very rewarding as it grows faster than corn and soya, and the cultivation is much cheaper too. The only factor limiting algae from being used for production of biofuels is their low capacity of producing oils and fat. Researchers all around the world have been working to genetically engineer algae to make it produce more oils and fat.

Researchers from the J Craig Venter Institute, MD, US, who were working on the same for eight years, announced in early July 2017, that they have produced a species of algae that produces 40% fat. Comparatively, other species produce only 10% fat. This is another step towards making a new biofuel available for world and making the world fossil-fuel-free.

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Algae for Bioplastic:

The other application that could change the face of the algae market is using algae for producing bioplastic. Currently produced bioplastic from algae are too far from practical use due to inferior physical properties. Many scientists and research firms are busy with creating a species of algae that will produce the right amount of hydrocarbons and sugars that will make it appropriate for the production of bioplastics as strong as traditional plastics.

What regions of the world are the leading cultivators of algae?

The global algae market is dominated by North America. Countries such as Mexico, Canada, and the U.S., have more than 135 companies cultivating algae, which has helped the North America lead the global algae market. The North America algae market is prominently dominated by the U.S., which accounts for more than 85% of algae production in North America. The U.S. is likely to continue to lead the North America algae market till the year of 2024. Also, Asian countries are focusing more on the production of algae fuel to countervail the CO2 emissions due to usage of fossil fuels.

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The frontrunners in the global hip replacement implant market are putting constant efforts for differentiating their product and maintaining price differences to attract large number of consumers. These strategies are being adopted by the majority of players, which is likely to keep the competitive rivalry high in the market, finds Transparency Market Research (TMR) in a new study. Stryker, Johnson & Johnson, Zimmer-Biomet, and Smith & Nephew were the leading players in 2015, accounting for a combined share of 85.2% in the overall market.

“Material safety, distribution network, safety features, and supply capabilities will emerge as areas of special attention for the majority of key players in the near future in order to consolidate their position,” says TMR’s lead analyst. The global hip replacement implant market had a valuation of US$6.5 bn in 2015 and is anticipated to reach US$9.1 bn by 2024, expanding at a CAGR of 3.9% between 2016 and 2024.

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Total Hip Replacement Implant to Remain Most Prominent Product Segment through 2024

On the basis of product, the total hip replacement implant segment will continue to dominate the market until 2024, accounting for 58.1% of the overall market revenue. The rising prevalence of osteoarthritis and mounting cases of trauma to the hips are supplementing the growth of the segment.

Geographically, North America was the leading revenue contributor in the global hip replacement implant market. The growth of the region can be attributed to the rapid technological advancements, growing incidence of osteoarthritis, and the presence of advanced healthcare facilities. The region is expected to command a dominant share of 52.7% in the overall market. Asia Pacific, on the other hand, is anticipated to register a healthy CAGR during the forecast period.

Widening Base of Obese and Aged People to Trigger Adoption

The growing number of hip replacement surgeries among the widening base of geriatrics is one of the primary growth stimulants of the global hip replacement implant market. Apart from geriatrics, the expanding pool of obese people is also contributing to the growth of the market. Their excessive weight exerts pressure on the hips and causes degeneration over the time.

The emergence of minimally invasive surgeries and remarkable advancements in the 3D printing technology have helped in achieving accurate results, which in turn has allowed the market in gaining significant traction. “The allocation of increased budgets for the healthcare sector by governments coupled with their rising efforts to bring in hip implant reforms is also stoking the growth of the global hip replacement implant market,” says a TMR analyst. Moreover, the growing awareness and increasing consumer expenditure on healthcare along with the better accessibility are fuelling the adoption of hip replacement implants.

High Costs of Hip Replacement Implants to Dent their Demand

Despite an array of drivers, there are several factors acting as stumbling blocks in the growth of the global hip replacement implant market. The high costs of hip replacement products and surgeries are making it highly unaffordable for patients, especially in developing nations, which is limiting their widespread adoption. The increasing number of product recalls, as the metal in these implants has proved to be less effective or faulty, is impeding the upward climb of the market. Furthermore, the rising stringency in regulations pertaining to the approval of all-metal hip implants is hampering the pace of introduction of new products.

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Clear Labels Market: Introduction

The packaging industry globally is witnessing an impressive growth, primarily driven by the changing needs of packaging buyers, trying to serve more consumers by offering customization. The role of packaging and labelling today is not only restricted to preserve and protect the product, but rather communicate brand image and convey information to its large customer base. The format and design of labels is a key marketing tool for marketers in projecting the brand image for the products. One of the most widely used labels serving the purpose for most of the brand owners is clear labels.

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Clear labels are of the most versatile products as they are now being used in most markets and designed in a variety of ways. Clear labels are more transparent in nature as compared to other form of labels and offer “no label look”, trend which is gaining traction from various end use industries, looking to offer luxury packaging for their product offerings. Clear labels give the illusion that the print is direct on the container while at the same time, they allow the consumer to have a transparent look at the contents. Clear labels are moisture resistant, making them an exceptional option for product packaging in the food & beverage industry, healthcare and homecare industry that face wet conditions. Clear labels, while growing in popularity is modern and attractive making it a clear winner for labelling of food products.

Clear Labels: Market Dynamics

The demand for clear labels is anticipated to witness an above average growth over the forecast period. Clear labels are stickers that can be applied on any packaging as well as sheets and rolls, creating value addition for any business in terms of marketing and branding. Label manufactures are constantly focusing to add innovative offerings to their portfolio, striving to meet the diverse needs from large end use industries. The transparent property of clear labels makes the product visible for consumers, making the product more attractive. Clear labels takes of the pressure of creative packaging and place emphasis on natural quality and appeal which has help to boost the sales of clear labels. In addition to this, clear labels meet the regulations as it enables the inclusion of all regulatory norms and also provide clear visibility of the product its end users. Moreover, the design of clear labels to blend into the containers surface, also enhances the overall packaging for the product, and is one of the key drivers for the global clear labels market. When it comes to bottom line, printing clear labels is more economical than printing directly on the container, as it saves the total shipping cost of transporting the container to and from the printing company. Moreover, customized offering for clear labels with different matte and glossy finishes is the ongoing trend observed in the global clear labels market. Increasing demand of clear labels from the food and beverage industry is one of the key drivers of the global clear labels market. The trend to adapt transparency in packaging is gaining traction and is likely to propel the demand for clear labels in the next half of the decade. Despite growth momentum, high cost of printing on clear labels, lack of awareness amongst end users are some of the challenges faced by the global clear labels market.

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Clear Labels: Market Segmentation

The clear labels market is segmented on the basis of material, application and printing technology. On the basis of material type, the global clear labels market is segmented into polyester, vinyl, polycarbonate, polypropylene and others. On the basis of application, the global clear labels market is segmented into food & beverages, pharmaceuticals, homecare, personal care and cosmetics, consumer durables and others. Demand clear labels from food packaging application segment is anticipated to offer lucrative opportunities to the global clear labels market in terms of growth prospects. The food and beverage segment in the global clear label market is further sub-segmented into frozen food, snacks, dairy products, bakery & confectionary, microwaveable food products, others and beverages. On the basis of printing technology, the global clear label market is segmented into lithographic printing, flexographic printing, digital printing and others.

Clear Label Market: Regional outlook

Clear label market has been segmented on the basis of region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Among these region, North America and Europe are expected to collectively dominate the market throughout the forecast period. However, many food and beverage companies in Asia Pacific are exploring innovative options to make the product look more attractive, positively impacting the sales of clear labels market. Furthermore, Asia Pacific is anticipated to witness maximum CAGR over the forecast period primarily driven by China, Japan and India. Latin America and Middle East & Africa are expected to witness sluggish growth and over the forecast period.

Clear Label Market: Key players

Some of the players in the global clear label market are Consolidated Label Co, Hub Labels, Premier Label Company Inc, and A & S Labels Pvt Ltd.

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Medical imaging involves the creation of different types of visual representations of the human anatomy and its physiological functions. The primary focus of medical imaging is to help doctors identify signs and symptoms of illnesses that may be difficult to diagnose otherwise. Medical imaging can also help study bones, organs, muscles, as well as anomalies such as tumors and disfigurements. In all cases, the use of medical imaging requires the use of an optimized software that can fully analyze the given image to speed up the diagnosis procedure.

Global Medical Image Analysis Software Market is expected to expand at a very bright CAGR of 8.10% from 2016 to 2024. The market was valued at US$2.35 bn in 2015 and is likely to reach US$4.66 bn by the end of 2024.

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The rising number of cancer-afflicted patients is currently the primary reason why the healthcare industry is pushing for advancements in medical imaging and the global medical image analysis software market. Cancer and cardiovascular diseases are among the top reasons for deaths in the world, fuelled by several factors, including exposure to carcinogenic materials, an increasingly sedentary lifestyle, the growing consumption of alcohol and tobacco, and people leading an increasingly stressful and hectic life.

From the perspective of the healthcare industry, several factors are helping more and more hospitals and medical organizations provide medical imaging equipment and services, boosting the growth rate of the global medical image analysis software market. The overall expenditure in the healthcare industry has been rising at a consistently high rate over the recent years and the industry is further fueled by government initiatives, private investments, and above all, a growing rate of awareness regarding modern diagnostic and treatments available, pumping the demand for medical imaging and the analysis for them.

The advent of 4D imaging in diagnostics has certainly made a lasting impact on the global medical image analysis software market. 4D imaging can provide a highly detailed visual representation of the anatomy in terms of temporal and spatial processes in blood flow as well as give a complete view of the body’s cardiac area. Barring the very high cost of installation, operation, and maintenance of 4D imaging equipment, it is likely to be a widely accepted method across multiple medical avenues. A lot of key players in the medical imaging market are already offering 4D imaging devices across modalities such as CT/PET, ultrasound and MRI. This is very likely to significantly improve the growth rate of the global medical image analysis software market over the coming years.

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Propanol is considered as one of the most effective and useful intermediate solvents for producing plenty of chemicals like methyl isobutyl ketone (MIBK), isopropyl esters, acetone, isopropyl amines which are manufactured by various chemical industry. Increasing applications of propnol in industries such as pharmaceuticals, cosmetics, personal care products, deicers, resins, adhesive and paints have bolstered the growth of the global market. Certainly progressing economies and continuous demand from ever-expanding chemical industries would aid the steady rise of the segment to expand more in the forecast period.

This is anticipated that the market will remain as the same leading global propanol market in the forecast period due to its continuous steady approach towards the coatings and global paints industry. The reason behind the healthy growth of this market is majorly focused on the applications where the solvent reacts with halogen to produce propyl halide and acetic acid to produce propyl acetate. The global propanol market is likely to play a determinant role in the coming years.

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According to Transparency Market Research, the global propanol market was valued at US$2.19 bn in 2016. Analysts expect the global market to rise at a CAGR of 2.3% CAGR from 2017 to 2025 to reach a valuation ofUS$2.68 bn by 2025.

How the global propanol market is generating the maximum revenues?

The market covers a huge list of industries such as cosmetics, personal care and also helps in flexographic printing ink applications. Various industries have embraced this intermediate solvent as a vital ingredient. There have been several studies examining the efficacy of the solvent, based on which the segment accounts for more than 49% in the global market by 2016.

The leading revenue generator, in terms of regions, in the market has been Asia Pacific. Europe is considered as the second largest propanol consuming region in the world. The propanol market is anticipated to receive remarkable demand in the production of acetone, where the solvent is used a major raw material.

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Which are the leading segments of the global propanol market?

Geographically, Asia Pacific has been considered a dominant regional market for propanol in the year of 2015 for holding the largest share of over 40% in the global propanol market is also expected to expand rapidly and will retain the dominance in the future as well. Over the coming years the propanol market has been expected to expand at a significant rate in North America and Europe is predicted to expand in a moderate pace which would be mostly driven by such elevating chemical industries. In the next eight years, China is predicted to be the largest consumer of propanol and other countries like Japan, India and South Korea in Asia pacific have been considered to be the fastest-growing propanol markets. The key factor behind this predicted remarkable growth in these particular regions is largely due to the global shifting of production units from developed regions to these emerging countries.

Based on the product type, the market is segmented into iso-propanol and N-propanol, and based on the application, the market is divided into chemical intermediates, solvent, pharmaceuticals; and cosmetics. The key players in the global market are BASF SE, The Dow Chemical Company, Oxea GmbH.

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Demand for energy conservation is increasing and considering the depleting level of energy resources, numerous companies emphasize on efficient energy consumption techniques. Rising population coupled with increasing industrial activities are likely to raise the demand for battery energy storage systems during the forecast period. Battery energy storage systems have been increasingly utilized in the production of renewable energy sources such as solar cell, wind turbine. The battery energy storage system market has expanded considerably in recent years due to increasing demand for renewable energy sources. Some important applications of battery energy storage systems include electrification of grid and this requires large amount of renewable energy resources, thus contributing to the consistent increase in demand for battery energy storage system. Gradual advancement in energy storage technology leads to significant cost reduction and enhances the efficiency of battery energy storage system. This, in turn, is likely to boost its demand in the market during the forecast period.

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Battery energy storage system requires substantial amount of space and infrastructure set up. The considerable installation cost and complexity in regulation for setting up proper infrastructure is estimated to restrain the potential growth prospect of the battery energy storage system market during the forecast period. During round trip inefficiencies considerable amount of energy is lost and this factors hinder the expansion potential of the market.

A battery energy storage system allows integration of renewable energy and fossil fuel sources. This system utilizes intermittent energy, which is projected to offer a growth opportunity for the market during the forecast period. Rural electrification has been a major agenda of the government and in emerging economies such as China and India this issue gets substantial government support. Battery energy storage systems have been majorly used in areas where grid power is very weak. Increasing application of renewable sources is estimated to propel the battery energy storage system market during the forecast period.

In terms of connection type, the battery energy storage system market can be segmented into On-grid and Off-grid. The battery energy storage system is a new method of generating and distributing power energy. Considering the present trend of using significant amount of renewable energy, the on-grid battery energy storage system segment held considerable share of the market, as this system install substantial storage capacity and gets legal support for required infrastructure. Off-grid battery energy storage systems are majorly demanded by countries in the sunbelt regions where solar radiation is very high. Off-grid battery energy storage systems have been increasingly deployed in remote areas where electrification and efficient usage of renewable resources is a challenge.

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In terms of application, the battery energy storage system market can be segmented into residential, transportation, non-residential, utility, and others. The transportation application segment held dominant share of the market due to increasing utilization of batteries in battery driven cars and plug-in hybrid electric vehicles. Different types of batteries such as lithium ion, Li-Ion polymer find maximum application in different types of vehicles. These lithium-ion based batteries are lightweight and are highly energy efficient, and thus, these factors boost the demand for battery energy storage systems in vehicles The residential segment is projected to expand rapidly during the forecast period due to government initiatives for supplying electricity to every single house. Increasing usage of solar power plants, wind energy in these batteries are also likely to drive the demand for battery energy storage system in the market during the forecast period.

In terms of region, the battery energy storage system market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held a prominent share of the market due to the rise in number of housing units in the region, latest trend of using renewable energy, and significant number of industrial belts.

Key player operating in the global battery energy storage system market include ABB Ltd., General Electric Co., Tesla Motors Ltd, and Siemens AG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Most of the companies in the global market for gas meters operate at regional level. Led by Elster Group GmbH, Itron Inc., and Dandong Dongfa Co. Ltd., this market demonstrates a highly competitive nature, states a new study by Transparency Market Research (TMR). In 2015, these three companies collectively accounted for 33.4% of the overall market.

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These gas meters manufacturers are striving to improve in regional and the global markets and are aggressively focusing on product innovation. Analysts at TMR expect the degree of competition within this market to remain high over the next few years.

According to the research report, the global market for gas meters presented an opportunity worth US$2.3 bn in 2015. Increasing at a CAGR of 8.10% during the period from 2016 to 2024, the market is likely to reach a value of US$4.7 bn by the end of the forecast period. The demand for diaphragm gas meters is higher than other products and is expected to remain so over the years to come, states the market study.
gas meters market

Increasing Industrialization to Boost Asia Pacific Gas Meters Market

The report also presents a regional analysis of the worldwide market for gas meters. As per the report, Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa are the prime regional markets for gas meters across the world. Among these, Asia Pacific has acquired the leading position in the overall market and is expected to remain dominant throughout the forecast period, thanks to the increasing industrialization in this region. China, Japan, Australia, India, and the ASEAN countries have surfaced as the leading domestic markets for gas meters in Asia Pacific. The rising consumption of natural gas in Asia Pacific is projected to propel this regional market substantially in the years to come.

Europe is also expected to witness healthy growth in the demand for gas meters over the next few years on account of the rising enforcement of stringent regulations regarding the usage of smart meters and the increasing uptake of natural gas as primary fuel. The U.K., France, Germany, Italy, and Russia are expected to lead the Europe market for gas meters, states the report.

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Increasing Enforcement of Favorable Regulations to Propel Global Gas Meters Market

“The growing usage of natural gas as a primary energy source is the key factor behind the growth of the global gas meters market,” states the author of this report. With natural gas replacing crude oil in a number of applications, its consumption across the residential, commercial, and industrial sectors has increased tremendously, which is reflecting on the growth of this market greatly.

On the flip side, the incompetence of gas meters in managing large data volumes generated from smart gas meters, high initial and switching costs, and the rising uptake of hybrid metering systems may restrict the rise of this market to some extent over the forthcoming years. However, the rising enforcement of favorable regulations and laws regarding adoption of smart meters is anticipated to boost this market considerably in the years to come, notes the study.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Gas Meters Market – Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 – 2024.”

The global gas meters market has been segmented as follows:

Regional Analysis

North America
The U.S.
Canada
Europe
The U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Mexico
Rest of Latin America

Global Gas Meters Market: By Product Type

Diaphragm gas meters
Rotary Gas Meters
Turbine Gas Meters
Ultrasonic Gas Meters
Other Types Gas Meters

Global Gas Meters Market: By Application Type

Residential
Commercial
Industrial

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Name: Rohit Bhisey
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Website: http://www.transparencymarketresearch.com/gas-meters-market.html

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Solar cooling is also known as air-conditioning that utilizes solar power. This can be done through solar thermal energy conversion, photovoltaic conversion, and passive solar building design. Solar cooling provides zero-energy and energy-plus design of buildings. Lighting and air-conditioning accounts for more than 50% of the overall electricity consumption in the industrial sector. Thus, industry needs new solutions to reduce the electricity demand of conventional A/C systems. This would drive the solar cooling market during the forecast period. Increasing demand for refrigeration and air-conditioning has led to increase in electricity demand across the globe. This would also drive the solar cooling market in the near future, as solar thermal cooling can reduce the conventional electric A/C loads. Key challenge before the market is to reduce system costs.

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Based on end-use, the solar cooling market has been segmented into commercial, residential, and industrial. Air-conditioning is a constantly growing industry and is likely to expand during the forecast period. Renewable energy is now a lucrative industry and it is projected to expand tremendously across the globe in the near future. Renewable energy includes solar cooling application and solar thermal energy application which are growing tremendously. The increasing demand for renewable energy is estimated to boost the solar cooling market during the forecast period.

Based on solar cooling system, the solar cooling market has been divided into desiccant systems and absorption systems. In a desiccant system, air passes through a drying material such as silica gel, which absorbs moisture from the air and makes the air more comfortable. The desiccant is regenerated by using solar heat. Absorption chiller systems, the most common solar cooling systems, use solar water heating collectors and a thermal–chemical absorption process to attain air-conditioning without using the electricity.

Geographically, the global solar cooling market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is one of the key consumers of solar cooling systems. Developing economies such as China witness significant growth in the industrialization. Moreover, changing lifestyles also play a role in propelling the solar air-conditioning market. Asia Pacific is estimated to be a rapidly expanding market for solar cooling in the next few years, due to growing economy of the region and presence of developing countries such as China and India in Asia Pacific.

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Stringent government regulations and incentives have been fueling the solar cooling market in Italy for the last few years. The high budget available for a national incentive scheme called Conto Termico 2.0 has made several manufacturers and service providers positive about the solar cooling market in Italy. The market in the country is likely to expand during the forecast period. China holds a major share of the solar cooling market across the globe. In 2016, two large solar thermal cooling systems were installed in China. One of them was a 23-kW Yazaki absorption system and the other one was a newly developed, 50-kW, variable-effect absorption chiller driven by a Fresnel collector. Jordan (MEA) is witnessing rapid increase in demand for solar cooling, as the German Agency for International Cooperation is expected to initiate a solar cooling project in industrial and commercial sectors in Jordan.

The solar cooling includes both solar PV solutions and solar thermal market in near future across globe. However, PV cooling technologies are more economical than grid-driven electric chillers at cooling loads of 100 KWc. On the other hand, solar thermal cooling should be used for 1 MWc cooling. Europe is the second-largest market for solar cooling across the globe, as Germany is one of the key markets for solar cooling or solar air conditioning.

Key players operating in the global solar cooling market include SolXenergy, LLC, Honeywell International Inc., SorTech AG, SM Solar Pvt. Ltd., and Arka Technologies.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/solar-cooling-market.html

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