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MARKET REPORT

Micro Turbines Market Set for Rapid Growth and Trend, by 2023

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Microturbines Growing in Role in Distributed Energy Generation

Microturbines have gathered marked traction in distributed generation market. Especially in developed nations, they have been extensively utilized in small and medium-scale commercial and industrial energy applications. There are many compelling propositions driving the deployment of these small-scale gas turbines. Advantage of lower emission and lower electricity cost, excellent efficiency in contrast to several other small-scale turbines, easy maintenance, and automated control. Add to this, the variety of waste fuels that microturbines can be fed into makes its role higher in renewable energy systems and distribution generation. Moreover, they can produce thermal and electrical energy with less noise, minimal vibrations, and emissions.

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Over the years, microturbines have been integrated with cogeneration system. Growing application of combined heat and power (CHP) systems in numerous countries has bolstered the demand for microturbines.

Government Incentives Provide Impetus

The microturbines market has over the past several years prospered on the back of government incentives. A faster return of investment may have been one of the key motivations. Over the past few years, the market has been fueled by incessant efforts by industry players on boosting the deployment of microturbine installations in large scale renewable energy projects in various parts of the world. To start with, they are being deployed in large commercial buildings such as offices, schools, and hotels.

Growing Adoption of Distributed Energy Resources Encouraging Deployment

Around the world, strides made in the adoption of distributed energy resources have expanded the potential demand for microturbines. Further, the growing popularity of off grid power systems has reinforced the market prospects. The flexibility of fuel choice has been one of the key demand propositions. Technological advances are bolstering the efficiency of microturbines. A case in point is improvements made in waste heat capture process.

On the regional front, Asia Pacific is expected to be prominent market and has been in recent years evolving at rapid pace. Rising applications of microturbines in commercial and industrial applications is one of the key driving factors.

Microturbines are small electricity generators that employ gaseous or liquid fuels to create rotation, which helps turns an electrical generator. Microturbines are used as captive power generation units. The system is designed in combination of a small gas turbine and high-speed generator. Prominent factors boosting the demand for microturbine energy include environmental concerns and electricity generation at source. Microturbines create limited pollution in terms of SOx and NOx emissions. Global warming concerns have compelled countries to take firm steps to control the situation. The power generation industry is responsible for GHG emissions. Installing a microturbines unit at sites is likely to help reduce the overall emissions. Microturbines are able to run individually or on variety of fuels such as diesel, propane, biogas, and low or high pressure natural gas.

Distributed power generation is achieving prominence in developed and developing countries. The micro turbine is supported by the incentives and policies for promotion expansion. The microturbines have much less payback time of the investment from the other technologies. Some of other advantages include connection flexibility, ability to operate in parallel for larger loads, ability to deliver reliable and stable power, and low emissions compared to the other technologies. Microturbines are also best for usage in in Combined Heat and Power (CHP) applications as the exhaust heat can be recovered in a heat recovery boiler or hot gases can be used directly. Microturbines are different from larger turbines based on their compression ratios and combustion temperatures. Microturbines can be customized based on emission standards to meet state and federal emission regulations and the stringent guidelines. Demand and applications of energy are increasing, this is driving the need for higher number of sources assisting low emissions and power generation. In turn, boosting the demand, for power generation plants owners and consumers are considering microturbines as cost-effective options for the power generation and supply.

In terms of application, microturbines are used in CHP and as a standby power equipment for peak power demand. The smaller distributed turbines are quite efficient when used in stand-alone applications.

Based on application, the microturbines market can be divided into industrial, commercial, and residential. Commercial and industrial segments are expected to remain attractive during the forecast period. Several commercial businesses like hotels, college/university campuses, manufacturers, have optimized the use microturbines for several commercial applications. Prominent industries using microturbines are oil & gas, construction & manufacturing, pharmaceutical, wastewater treatment, and mining.

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Based on power rating, the microturbines market can be segregated into Upto 50 kW and 50 kW-250 kW and 251 kW to 500 kW. The capacity of power depends on its demand, energy use, and application.

In terms of region, the microturbines market can be split into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to lead the market during the forecast period, followed by North America. This dominance in the market by Asia Pacific is primarily due to the large number of manufacturing and plant applications in China. The microturbines market in Asia Pacific is anticipated to expand at a significant pace during the forecast period due to the increase in demand for commercial and industrial microturbine applications.

Key companies operating in the microturbines market include Brayton Energy, Bladon Jets, Calnetix Technologies, Flexenergy, Capstone Turbine Corporation, and Toyota Turbine and System Inc.

MARKET REPORT

Internet of Mobility Market Trends in the Market 2019 – 2027

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TMR’s latest report on global Internet of Mobility market

The recent market intelligence study by Transparency Market Research elaborates the all in all perspective of the worldwide Internet of Mobility market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.

Analysts at TMR find that the global Internet of Mobility market reached a value of ~US$ xx Mn/Bn in 2018 and is anticipated to grow at CAGR of xx% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Internet of Mobility among the consumers, better disposable income, and enhanced GDP in developing countries.

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Market distribution:

Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    After reading the Internet of Mobility market report, readers can:

    • Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Internet of Mobility market.
    • Grasp the market outlook in terms of value and volume.
    • Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Internet of Mobility market.
    • Learn about the manufacturing techniques of Internet of Mobility in brief.
    • Figure out the positive and negative factors impacting the product sales.

    What kind of questions the Internet of Mobility market report answers?

    1. Why is region witnessing the slowest demand growth for Internet of Mobility ?
    2. What kind of agreements are the players entering into in the global Internet of Mobility market?
    3. Which sub-segment will lead the global Internet of Mobility market by 2029 by product?
    4. Which Internet of Mobility market players hold significant shares in terms of value and volume?
    5. What alternatives are consumers looking for in the global Internet of Mobility market?

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    Why go for Transparency Market Research

    • One of the leading market research firms in India.
    • Serves 350+ clients every day.
    • Facilitates 60+ countries with innovative market ideas.
    • Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
    • Available round the clock.

    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

    Contact

    Mr. Rohit Bhisey
    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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    MARKET REPORT

    Weather Forecasting Equipment Market Highlighting Regional Revenue Share Dominance During 2019-2027

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    Analysis of the Global Weather Forecasting Equipment Market

    The presented global Weather Forecasting Equipment market report provides reliable and credible insights related to the various segments and sub-segments of the market. The market study throws light on the various factors that are projected to impact the overall dynamics of the global Weather Forecasting Equipment market over the forecast period (20XX-20XX).

    According to the report, the value of the Weather Forecasting Equipment market was estimated to reach ~US$ XX in 2019 and attain a market value of ~US$ XX by the end of 2029. Further, the study reveals that the market is set to grow at a CAGR of XX% during the forecast period owing to a plethora of factors.

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    The market study aims to provide answers to the following questions related to the Weather Forecasting Equipment market:

    1. How are market players modifying their business models to gain a competitive edge in the Weather Forecasting Equipment market?
    2. Which market players are leading in terms of the adoption of novel technologies?
    3. What are the top factors that are expected to boost the growth of the Weather Forecasting Equipment market?
    4. Which is the most impactful growth strategy adopted by market players?
    5. What are the factors that could potentially hamper the growth of the Weather Forecasting Equipment market over the forecast period?

    The report splits the global Weather Forecasting Equipment market into different market segments such as

    Vaisala (Finland)
    Sutron Corporation (US)
    Campbell Scientific (US)
    Airmar Technology Corporation (US)
    Liquid Robotics (US)
    All Weather, Inc. (US)
    Morcom International, Inc. (US)
    Columbia Weather Systems (US)
    G. Lufft Mess-und Regeltechnik (Germany)
    Skye Instruments (UK)

    Segment by Regions
    North America
    Europe
    China
    Japan
    Southeast Asia
    India

    Segment by Type
    Barometer
    Anemometer
    Hygrometer
    Rain Gauge
    Thermometer
    Radiometer
    Scatterometer
    Spectrometer
    Others

    Segment by Application
    Agriculture
    Aviation
    Transportation & Logistics
    Energy & Power
    Marine
    Meteorology
    Hydrology
    Others

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    Vital data enclosed in the report:

    • SWOT analysis of the leading market players in the Weather Forecasting Equipment market
    • Analysis of the most lucrative distribution channels for market players in different regions
    • Assessment of the key success factors impacting the growth of the Weather Forecasting Equipment market on the global scale
    • Regulatory policies that are likely to accelerate/hamper the market growth
    • Year-on-Year growth of each market segment and sub-segment

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    MARKET REPORT

    Sodium Bicarbonate Market Challenges On Upcoming Trends 2019 – 2027

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    Latest Study on the Global Sodium Bicarbonate Market

    The latest report published by Transparency Market Research on the Sodium Bicarbonate market offers valuable insights related to the future prospects of the Sodium Bicarbonate market. The underlying trends, prospective opportunities, impeding factors, and notable market drivers are analyzed in the presented report.

    As per the study, the Sodium Bicarbonate market is expected to grow at a CAGR of ~XX% and reach a value of ~US$ towards the end of 2029. Moreover, an in-depth analysis of the micro and macro-economic elements that are expected to influence the trajectory of the Sodium Bicarbonate market during the forecast period (2019-2029) is included in the report.

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    Indispensable Insights Related to the Sodium Bicarbonate Market Included in the Report:

    • Estimated output of the Sodium Bicarbonate market in 2019
    • Growth factors and restraints likely to influence the dynamics of the Sodium Bicarbonate market
    • Growth prospects of the Sodium Bicarbonate market in various regions
    • Parameters expected to shape the growth of the Sodium Bicarbonate market
    • Company profiles of established players in the Sodium Bicarbonate market

    An in-depth evaluation of the growth prospects and market scenario in each region is enclosed in the report backed by informative and relevant list of figures, tables, and graphs. 

    Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

    Request For Discount On This Report @ https://www.transparencymarketresearch.co/sample/sample.php?flag=D&rep_id=70800

    The report clarifies the following doubts related to the Sodium Bicarbonate market:

    1. Which end-use is likely to dominate the Sodium Bicarbonate market in terms of demand and share?
    2. What is the scope for innovation in the Sodium Bicarbonate market?
    3. How are the evolving regulatory policies expected to impact the growth of the Sodium Bicarbonate market?
    4. Which region is likely to offer a plethora of opportunities for market players in the Sodium Bicarbonate market?
    5. How are market players aiming to enhance their manufacturing/production capacity?

    Why Companies Trust TMR’s Analytical Insights?

    • Swift and prompt customer support
    • Methodical and systematic market research process
    • Our reports have empowered the business prospects of over 500 clients
    • 24×7 customer support for domestic and international clients
    • Unbiased market insights and conclusions

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    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

    Contact

    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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