Sunday, 24 January 2016

Solar Cell Market To 2022 - Market Growth, Forecast: Grand View Research, Inc.



Global solar cell market is expected to reach 1,087.5 GW by 2022, according to a new report by Grand View Research, Inc. Growing demand for clean and reliable energy source coupled with supportive regulations by various countries in the form of incentives and feed-in-tariffs (FIT) is expected to propel demand over the forecast period.
Growing need of electricity owing to rapid industrialization coupled with increasing infrastructure developments particularly in developing economies is expected to fuel solar cell market over the next seven years. In addition, increase in R&D investments related to increasing performance efficiency of solar cells as well as reducing system cost by manufacturers is likely to have positive impact towards growth.


Germany solar cell market installed capacity, by product, 2012-2022 (GW)
Germany solar cell market 

Further key findings from the report suggest:
  • Monocrystalline silicon wafer market was over 57 GW in 2014. Increasing demand for the product particularly in developed economies such as North America promise abundant growth opportunities for industry participants. Various properties offered by monocrystalline solar cells including compact design, high efficiency and durability is expected to have positive impact on growth.
  • In Asia Pacific, supporting government policies and programs offered by various countries including India, Indonesia, Japan and China is expected to have positive impact on solar cell market over the next seven years. Asia Pacific has been a key market for multicrystalline solar cell and this trend is expected to continue over the forecast period. Rising consumer awareness related to cost effectiveness of multicrystalline solar cells for residential and commercial applications in this region is expected to propel demand.
  • MEA solar cell market is primarily driven by growing demand from UAE. Cost benefits along with reliability offered by solar systems are expected to propel solar cell demand over the next seven years. Growing demand for CIGS in building photovoltaics which offer high flexibility improved aesthetic appearance is expected to drive thin film solar cell market over the forecast period.
  • Solar PV manufacturers are gradually shifting their focus from multicrystalline to monocrystalline in order to capitalize on the technological advantages. R&D related to incorporation of magnetic nanoparticles in solar cell manufacturing to enhance its performance is expected open new avenues over the next seven years
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/renewable-energy
Grand View Research has segmented the global solar cell market on the basis of product and region:
Global Solar Cell Product Outlook (Installed capacity, GW, 2012 - 2022)
  • Silicon Wafer
    • Monocrystalline
    • Multicrystalline
  • Thin Film
    • Cadmium Telluride
    • Amorphous silicon
    • Copper Indium Gallium Selenide
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Tuesday, 19 January 2016

Power Rental Systems Market To 2020 - Market Share, Industry Outlook, Application Analysis, Market Demand: Grand View Research, Inc.



The global market for power rental systems is expected to reach USD 24.08 billion by 2020, according to a new research report by Grand View Research, Inc. Increasing grid instability coupled with power spikes in times of peak demand is expected to be a key driver for the development of the market. In addition, the increased focus towards reduction of peak power consumption in order to reduce electricity cost is expected to augment the growth of the market.
Power rental systems are used in a variety of industries where there is high demand for continuous power. Key end-use markets for these systems were government, oil and gas and construction, which together accounted for over 60% of global revenues in 2012. High dependency on power for daily operation of these industries is a key driver for substantial use of power rental systems. The use of these systems in events, wherein there is high demand for temporary power, was a small segment in 2012 but is expected to grow at a CAGR of over 16% from 2013 to 2020.

Global Power Rental market revenue by end-use, 2012
power-rental-systems-industry 

Further Key findings from the study suggest:
  • The key applications of power rental systems include peak shaving, continuous power and standby power. However, use of these systems for peak shaving is expected to be the critical factor for the development of this market and is expected to grow at a CAGR of over 15% over the next seven years.
  • Power rental systems are primarily used for power shaving, continuous power or as standby power device. The global market was dominated by continuous power systems which accounted for more than 45% of the overall share in 2012. It is expected that this substantial share will decrease by 2020, as demand for peak shaving systems is rising to overcome the outages of grid connection and curbing power bills. By 2020, it is estimated that peak shaving systems will account for close to 34% of the market.
  • Middle East and Africa (MEA) was the largest regional market for power rental systems in 2012, accounting for 33.9% of global revenues in 2012. The dominance of this region with regards to the presence of oil and gas and construction industry was the key factor for relatively high share and similar trend is expected over the next seven years
  • Asia Pacific and North America were the other major regions in the market and together accounted for over 40% of the market in 2012. However, North America and Europe being mature markets are expected to lose share over the forecast period in light of extensive environmental regulation in these regions. Asia Pacific is expected to witness significant growth owing to the development of economies such as India, China and Indonesia.
  • The power rental systems market was fragmented with the top 5 players accounting for just over 50% of the market in 2012. Companies are targeting the Asia Pacific and Middle East market in light of the vast opportunities in these regions due to industrial growth of various economies and the presence of a large oil and gas industry. Aggreko, Caterpillar and APR Energy are some of the key participants of the market.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/backup-power-solutions
For the purpose of this study, Grand View Research has segmented the global Power Rental market on the basis of application, product and region:
Power Rental End-use Outlook
  • Government 
  • Oil and Gas
  • Construction
  • Industrial
  • Events
  • Others (Residential and telecommunications off grid areas)
Power Rental Application Outlook
  • Peak Shaving
  • Continuous Power
  • Standby Power
Power Rental Regional Outlook
  • North America 
  • Europe 
  • Asia Pacific 
  • MEA
  • Latin America 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          
Blog Site: http://www.divog.org/


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Sunday, 17 January 2016

Diesel Genset Market Forecast, Industry Outlook, Market Demand, Share 2015 To 2022



Global Diesel Genset Market is expected to reach USD 21.37 billion by 2022, according to a new report by Grand View Research, Inc. Growth of oil & gas, mining, telecom and retail sectors across the globe has lead to an increased demand for electricity. High supply demand gap for electricity is expected to drive the market for back-up energy sources such as diesel gensets.
Industrial Diesel Genset Market was estimated at USD 3.97 billion in 2014 and is expected to witness growth over the forecast period on account of rising power failure issues during production resulting in heavy losses. Diesel gensets offer a cost and fuel efficient alternative during the time of power outages. Establishment of new production facilities, particularly in Asia Pacific and MEA is expected to result in fueling market growth.
In terms of revenue, low powered gensets dominated the market in 2014 and this trend is expected to continue over the next seven years. Growing power shortage in India, China, and Singapore is expected to propel growth. In addition, rising occurrences of natural calamities such as earthquakes and floods is likely to propel demand for gensets during electricity outages from grid sources.
Further key findings from the report suggest:
  • The World Nuclear Association has projected that the electricity requirement is expected to double than the current consumption by 2035. According to the U.S. Department of Energy, solar energy will be the most abundant energy source available which may give rise to solar powered gensets. This is expected to pose challenge for industry expansion over the forecast period.
  • High power Diesel Genset Market is projected to register CAGR of 7.4% during the forecast period. Growth of the IT, hospitality and retail sectors on a global scale is expected to accelerate demand for diesel gensets.
  • Asia Pacific accounted for over 35% of the global market in 2014 and is expected to witness immense growth in light of expansion of the manufacturing and telecom sectors in China and India. In addition, the “Make In India” policy is also expected to stimulate market size significantly
  • Middle East & Africa Diesel Genset Market is expected to witness substantial growth over the forecast period and is estimated to be valued at USD 2.80 billion by 2022. Rapid technological development coupled with growing purchase power parity in Saudi Arabia and UAE is expected to enhance the market in the coming years
  • Key industry players include Kirloskar Electric Co. Ltd., Caterpillar Inc., Cummins Inc., F.G.Wilson Inc. and Himoinsa S.L. Various companies are involved in continuous R&D activities and ongoing product development to enhance their diesel gensets product portfolio. For instance, in April 2015, Himoinsa entered into a partnership with Yanmar. According to this agreement, Yanmar is holding 70% of the shared capital of Himoinsa. This agreement will further strengthen the position of Yanmar in the global Diesel Genset Market.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/power-generation-and-storage
Grand View Research has segmented the global Diesel Genset Market on the basis of product, end-use and region:
Global Diesel Gensets Product Outlook (Revenue, USD Million, 2012 - 2022)
  • Low Power Gensets
  • Medium Power Gensets
  • High Power Gensets
Global Diesel Gensets End-use Outlook (Revenue, USD Million, 2012 - 2022)
  • Residential
  • Commercial
  • Industrial
Global Diesel Gensets Regional Outlook (Revenue, USD Million, 2012 - 2022)
  • North America
    • U.S.
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          
Blog Site: http://www.divog.org/


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Thursday, 14 January 2016

Combined Heat And Power Installation Market Forecast, Industry Outlook, Market Demand, Share 2015 To 2022 by Grand View Research, Inc.

The global combined heat and power (CHP) installation market is expected to reach USD 10.31 billion, according to a new report by Grand View Research, Inc. Shift in preference towards replacing conventional energy systems on account of operational cost and uninterrupted utility supply is expected to drive market growth. Increasing energy demand from industrial applications, such as chemical, refining, pharmaceuticals, paper, pulp, cement, and sugar, is also expected have a positive influence on market growth. Increasing demand for space heating and lighting applications in offices, retail malls, hospitals, and universities has also prompted CHP installation for commercial applications. Initial high installation cost coupled with longer payback periods is expected to pose challenges to industry participants.
Natural gas based fuel systems dominated the overall market and accounted for over 65% of the total volume in 2014. Recent decline in natural gas prices on account of discovery of unconventional natural gas reserves is expected to drive this segment over the forecast period. Coal-based systems are expected to witness moderate growth rates with an estimated CAGR of 2.6% from 2015 to 2022.
 Further key findings from the report suggest:
  • Global CHP installation was 411.6 GW in 2014 and is expected to grow at a CAGR of 3.8% from 2015 to 2022
  • Combined cycle was the most dominant technology and accounted for over 50% of total installations in 2014. These systems are widely used for industrial applications. Reciprocating engines are expected to witness significant growth rates with an estimated CAGR of 7.6% from 2015 to 2022.
  • Large-scale system was the leading product segment and accounted for over 80% of installations. Small and micro-scale product-based systems are expected to witness higher growth rates of 8.2% from 2015 to 2022 owing to increasing scope in residential and commercial applications.
  • Industrial application dominated the overall market with installation share estimated at 84.4% in 2014. Residential sector is expected to witness higher growth rates of 4.2% from 2015 to 2022 owing to growing energy due to population expansion.
  • Europe emerged as the leading regional market and accounted for over 45% of global industry in 2014. Asia Pacific is anticipated to witness significant growth rate of 4.9% from 2015 to 2022. Presence of key manufacturing industries in China, India, Japan, and South Korea is expected to drive the regional market.
  • Moderately consolidated market consists of manufactures and domestic resellers and distributors. Key industry participants include Mitsubishi Power Systems Americas Inc., Siemens Energy, General Electric Energy, and E.ON Group. Other prominent players include ClearEdge Power, Elite Energy Systems LLC, Aegis Energy Services Inc., BDR Thermea Group, Dantherm Power, Ener-G Group, Caterpillar, Alstom, and Infinia Corporation.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/power-generation-and-storage
Grand View Research has segmented the CHP installation market on the basis of product, fuel, technology, application, and region.
Combined Heat & Power (CHP) Installation Product Outlook (Volume, GW; Revenue, USD Billion, 2012 - 2022)
  • Large scale
  • Small & Micro-scale
Combined Heat & Power (CHP) Installation Fuel Outlook (Volume, GW; Revenue, USD Billion, 2012 - 2022)
  • Natural gas
  • Coal
  • Biomass
  • Others
Combined Heat & Power (CHP) Installation Technology Outlook (Volume, GW; Revenue, USD Billion, 2012 - 2022)
  • Combined cycle
  • Steam turbine
  • Combustion/gas turbine
  • Reciprocating engine
  • Others
Combined Heat & Power (CHP) Installation Application Outlook (Volume, GW; Revenue, USD Billion, 2012 - 2022)
  • Residential
  • Commercial
  • Industrial
Combined Heat & Power (CHP) Installation Regional Outlook (Volume GW; Revenue, USD Billion, 2012 - 2022)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Russia
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Poland
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • Korea
    • Taiwan
  • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          
Blog Site: http://www.divog.org/


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