A building energy management system, or BEMS, is a sophisticated system that helps to monitor and control the building's energy needs. A BEMS can be used for both residential and commercial buildings as it helps to control and monitor a vast variety of energy-related functionalities like heating, ventilation and air conditioning (HVAC) and lighting or security measures. With the advent of the Internet-of-Things (IoT), a BEMS system can be fully networked into a cloud-based...Read more
Market outlook of the diesel engine market
Technavio’s research analyst predicts the global diesel engine market to grow steadily at a CAGR of 9% during the forecast period. The market growth is dependent on the growth of the automotive industry globally. A diesel engine is employed in passenger, heavy-duty, and commercial vehicles. Due to its better operational efficiency in terms of mileage, a diesel engine is preferred over the petrol engine for commercial...Read more
Market outlook of the compressor market
Technavio’s research analyst predicts the global compressor market to grow steadily at a CAGR of about 7% during the forecast period. Compressors form an integral part of various applications in the oil and gas and manufacturing industries. The oil and gas industry is generating tremendous demand for air compressors, especially in the Middle Eastern countries and China, which is hugely responsible for the growth of the...Read more
A submarine power cable is a transmission cable used for transmitting electricity below the surface of the water. These are known as submarine power cables as they are capable of carrying electric power beneath the surface of both marine and freshwater bodies. ABB, Nexans, and NKT Cables are some of the key vendors in this market space.
The report, global submarine power cable market, is part of Technavio’s...Read more
Market outlook of the air compressor market in the oil and gas industry
Technavio’s research analyst predicts the global air compressor market in the oil and gas industry to grow steadily at a CAGR of about 7% during the forecast period. Air compressors form an integral part of various applications in this industry, which ranges from the extraction of crude oil to its transfer through refineries until it reaches the end customers.
Market outlook of the commercial AC market
Technavio’s research analyst predicts the global commercial air conditioning market to grow steadily at a CAGR of 9% during the forecast period. The rise in construction in the commercial sector, especially in developing countries like India, China, and Indonesia, is fueling the demand for commercial air conditioning units. There has been a surge in the construction of commercial buildings such as data...Read more
Market outlook of the industrial vacuum pump market
Technavio’s research analyst predicts the global industrial vacuum pump market to grow steadily at a CAGR of around 5% due to the increasing use of these pumps globally, especially in APAC. Rapid industrialization in APAC countries like India and China along with other developing countries such as Brazil will boost the demand for industrial vacuum pumps until 2020. Increased demand for power...Read more
Overview of the aluminum die casting machinery market
Technavio’s market research analysts have estimated the global aluminum die casting machinery market to grow steadily at a CAGR of around 7% by 2020. This market research analysis identifies the growing market for light weight vehicles to reduce CO₂ emissions as one of the primary drivers for growth in this market. Recent government regulations on vehicle emission standards have induced automotive...Read more
Market outlook of the global pumps market
Technavio’s research analyst predicts the global pumps market to grow steadily at a CAGR of 5% during the forecast period. Factors such as increased investment in water and wastewater recycling plants are fueling its growth. The water and wastewater industry is growing due to a rise in population, urbanization, and manufacturing activities. Industries such as power, pharmaceuticals, and food and...Read more
Overview of the global cogeneration equipment market
Cogeneration is one of the most efficient ways of energy conversion and positively influences the economy, environment, resources, and energy outlook of a country. Being one of the finest energy efficiency techniques, this process curtails GHG emissions, improves the overall efficiency of the cycle, and reduces energy consumption. Europe and North America are the major regions where the cogeneration technology...Read more
Market overview of low-voltage capacitors
Technavio’s market research analyst predicts the global low-voltage capacitor market to grow at a CAGR of close to 4% by 2020. The consumer electronic sector is the major end-user segment for low-voltage capacitors, occupying around 32% of the overall market share. The growing demand for smartphones and its increasing penetration, especially in the developing economies are driving the consumer electronics sector....Read more
Transmission systems are employed in marine vessels to transfer power from an engine or a motor to one or more propellers. These systems include a housing, an input shaft, a first bearing, a second bearing, and a hydraulic pump. The first and the second bearing are mounted on the input shaft and spaced apart from each other along a longitudinal axis of the input shaft.
The report, global transmission systems for marine applications, is part of...Read more