Category Archives: Energy & Environment Press Release

Distributed Control Systems Market 2022 | DCS Market Leader – ABB, Siemens, Honeywell, Yokogawa, Emerson, Schneider Electric, General Electric, Rockwell, Toshiba

The ****** distributed control systems market is projected to reach USD 20.33 billion by 2022, at a CAGR of 4.97%, from 2017 to 2022. This growth is primarily driven by the increased use of renewable and nuclear energy for power generation and booming power sector and augmented power generation capacities worldwide.

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Asia Pacific is expected to be the largest market for DCS followed by North America till 2022. The ****** market is dominated by a few players including ABB (Switzerland), Emerson (US), Siemens (Germany), Honeywell (US), and Schneider Electric (France).

Pipeline Integrity Market worth $2.1 billion by 2024

According to the new market research report Pipeline Integrity Market by Service (Testing, Inspection [Ultrasonic, Magnetic Flux, Caliper], Monitoring, Software), Application (Onshore, Offshore), Product (Oil, Gas, Refined Product), and Region: ****** Forecast to 2024, published by MarketsandMarkets™, the ****** Pipeline Integrity Market is projected to reach USD 2.1 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth can be attributed to huge investment pool in the pipeline business, increased government mandate and regulations for pipeline assessment, concern over environment impact, the safety of pipelines and energy infrastructure, and increased focus on the remote management of oil & gas pipeline for process optimization & automation.

****** Temporary Power Market Growth Escalate Rapidly 2016 – 2021

The ****** temporary power market is estimated to reach USD 3.86 Billion in 2016, and is projected to grow at a CAGR of 10.6% from 2016 to 2021, to reach USD 6.40 Billion by 2021. Market growth is driven by factors such as the growing demand for power, aging grid infrastructure, and lack of access to electricity, and increasing construction and infrastructural activities across the globe.

Hybrid Power Solutions Market Demand and Inventory Analysis: SMA Solar Technology AG, Siemens AG, Huawei Technologies Co., LTD, ZTE Corporation, Flexenclosure AB, LTD, and Heliocentris Energy Solutions AG

The report Hybrid Power Solutions Market by System Type (Solar-Diesel, Wind-Diesel, Solar-Wind-Diesel), Power Rating (Upto 10 kW, 11 kW–100 kW, and Above 100 kW), End-User (Residential, Commercial, Telecom), and Region – ****** Forecast to 2021″, The hybrid power solutions market is expected to grow from an estimated USD 466.5 Million in 2016 to USD 689.5 Million by 2021, registering a CAGR of 8.1% from 2016 to 2021. The ****** market is witnessing significant growth due to growth in hybrid power generation in off-grid sites, reliable power generation with minimized fuel, reduced operation and maintenance cost, and reduction in carbon emission.

Meter Data Management System Market to Reach $428 Million by 2023

The ****** meter data management system market is projected to reach USD 428 million by 2023 from an estimated USD 169 million in 2018, at a CAGR of 20.48%. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and need for accurate utility bill generation.

The electricity segment is expected to hold the largest share of the meter data management system market, by utility type, during the forecast period.

Residential Energy Storage Market worth $17.5 billion by 2024; at a Highest CAGR of 22.88% and Dominated by Huawei, Samsung SDI Co. Ltd., Tesla, LG Chem, and SMA Solar Technology

According to the new market research report Residential Energy Storage Market by Power Rating (3–6 kW & 6–10 kW), Connectivity (On-Grid & Off-Grid), Technology (Lead–Acid & Lithium-Ion), Ownership (Customer, Utility, & Third-Party), Operation (Standalone & Solar), Region – ****** Forecast to 2024, the ****** Residential Energy Storage Market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. This growth can be attributed to the declining cost of lithium-ion batteries and the need for energy self-sufficiency from consumers.

Power rating, during the forecast period.

High Voltage Cables and Accessories Market to Top $40.90 bn by 2022

According to the new market research report High Voltage Cables & Accessories Market by Installation (Overhead, Underground, Submarine), Products (MI, XLPE Cables, Terminations, Joints, Conductors, Fittings & Fixtures), Voltage (72.5, 123, 145, 170, 245, 400 kV & Above) & Region – Forecast to 2022″, the high voltage cables and accessories market is expected to grow from an estimated value of USD 30.53 Billion in 2017 to USD 40.90 Billion by 2022, at a CAGR of 6.02%, from 2017 to 2022. The ****** market is set to witness a significant growth due to the increasing investments in offshore wind, grid interconnections, and increase in power generation.

Heat Recovery Steam Generator Market to Reach $888.20 Million by 2020

The heat recovery steam generator market is expected to grow from an estimated USD 740.7 Million in 2015 to USD 888.2 Million by 2020, at a CAGR of 3.7% from 2015 to 2020. Factors such as increasing efforts to reduce ****** greenhouse gas emissions, growing adoption of CCPP & CHP, increasing ****** electricity demand & subsequent investments in power plants, and economic benefits of implementing heat recovery steam generators are driving the market worldwide.

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Increasing preference for >30 MW heat recovery steam generators

GREEN CREATIVE Releases SELECTFIT, A Specification Grade Commercial Downlight

SANFORD, FL, 06 May 2019 — GREEN CREATIVE, your partner for professional lighting solutions, proudly announces the SELECTFIT family of specification grade commercial downlights.

“The new SELECTFIT commercial downlight makes commercial downlight projects easier, thanks to our SelectDrive and SelectKelvin features. With just a flip of the switch, you can choose the right lumen output and color temperature before, during, or after installation. You never have to worry about having the correct CCT or amount of light for your projects. It’s like having nine products in one.” said Chad McSpadden, Product Line Manager for Downlights and Track at GREEN CREATIVE.