Heavy Industry

Format: 2017-01-19
Format: 2017-01-19
September 30, 2016 | 63 Pages | SKU: IRTNTR10558

Overview of the global hybrid switchgear market

Market research analysts at Technavio predict that the global hybrid switchgear market will grow steadily during the next four years and will post an impressive CAGR of more than 14% by 2020. This market research analysis identifies benefits such as enhanced substation performance and space savings as one of the primary growth factors for this market. Substations play a major role in catering to the demands of the end-user. The majority of existing substations have functioned beyond their operational lives and the replacement of the conventional air-insulated switchgear (AIS) components such as disconnectors and circuit-breakers is not economical. This will lead to the development of innovative switchgears with the functions of gas insulated substation (GIS) and integrated with dead tank circuit breakers. Moreover, the increased adoption of the plug and switch system (PASS) that is driven by the privatization of the electric power industry across the globe, will also fuel the growth of the market.

The emergence of mobile substations is one of the major trends that will gain traction in this market in the coming years. Mobile substations can be used during emergency situations such as natural calamities that demand the rapid installation of electric substations to restore normal power supply. Mobile substations can also be used to meet temporary and offshore requirements and can also be used as High Voltage Bays on mobile trucks. The use of hybrid switchgear makes mobile substations more compact and flexible enabling sub-stations to be installed inside a limited space.

Competitive landscape and key vendors

Due to the presence of a diverse group of international as well as regional switchgear manufactures, the market appears to be moderately fragmented. The hybrid switchgears


September 28, 2016 | 98 Pages | SKU: IRTNTR10526

Global outlook of the generator market for telecom sector

Technavio’s market research analysts predict the global generator market for telecom sector to grow steadily during the forecast period and post a moderate CAGR of more than 2% by 2020. This industry research report identifies the expansion of rural telecom infrastructure to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The capital intensive nature of the telecom industry makes it highly dependent on subscriber density, which is one of the major reasons for the under-development of the rural telecom industry. Increasing income levels and initiatives from governments will drive the expansion of telecom networks in rural areas. Since rural areas lack grid connectivity and reliability, this network expansion will in turn, drive the demand for generators from the telecom sector.

One of the major trends that will gain traction in the market during the next four years is the rise in adoption of hybrid power systems. When compared to conventional power supply systems, hybrid power systems have more cost-effective and energy-efficient parameters. The exponential growth of the telecom industry will lead to the installation of telecom towers in remote locations that require a combination of renewable energy sources and diesel generators for backup power. Hybrid power systems offer several benefits such as reduced operating costs and GHG emissions and increased reliability which will also aid in driving their adoption among telecom companies.

Competitive landscape and key vendors

Characterized by the presence of a considerable number of vendors, this market appears


September 26, 2016 | 66 Pages | SKU: IRTNTR10352

Overview of the global sheet metal equipment market

Market research analysts at Technavio predict that the global sheet metal equipment market will grow steadily during the next four years and will post a CAGR of almost 7% by 2020. This market research analysis identifies the growing demand for fabricated metal products as one of the primary growth factors for the sheet metal tools market. The recent years have witnessed a rapid increase in the demand for fabricated metal products from the US. Several countries such as Mexico, Canada, and China rely heavily on the US’s supply of fabricated metals products. Though most manufacturing companies produce only a limited range of products, the requirement of fabricated metals will be considerably high from the segments such as cutlery, boiler, metal can, and springs. This will subsequently result in the increase in demand for machine tools such as sheet metal equipment from this region, in turn, fueling the growth of the sheet metal fabrication tools market.

The increased adoption of metal additive manufacturing or 3-D printing is one of the major trends that will gain traction in the sheet metal machinery market in the next four years. This manufacturing technology involves building up thin layers of material and can effectively produce complex shapes that are not possible with traditional casting and machining methods. 3D printing reduces the number of items in the assembly line, eliminates the need for tools resulting in reduced tooling costs, allows access to complex geometries, and also enables the manufacture of lightweight and customized items, which will result in a rapid increase in their adoption.

Competitive landscape and key


September 26, 2016 | 69 Pages | SKU: IRTNTR9810

Overview of the global industrial evaporators market

Market research analysts at Technavio have predicted that the global industrial evaporators market will witness a steady growth and post a moderate CAGR of almost 7% by 2020. This market research analysis identifies the conversion of sea water into potable water in marine vessels as one of the primary growth factors for this market. Large ocean-going vessels have inbuilt evaporating plants onboard, which are used to produce fresh water. Such equipment helps ships to reduce their dependence on external sources for fresh water. Diesel-powered ocean liners utilize excess heat to generate fresh water, where the water used to cool the engines is passed through a heat exchanger and is subsequently cooled using concentrated seawater to yield fresh water. The temperature of the seawater and engine load fluctuations are major factors that can interfere with the production of clean water aboard a ship. However, this can be countered by the use of evaporators that require simple adjustments. Wastewater evaporators can also utilize the waste heat from engine jacket water, engine exhausts, and other heat sources to produce fresh water; thereby, reducing operational costs.

Recent regulations such as the US EPA effluent limitation guidelines will compel many leading vendors to invest in their R&D to design and manufacture industrial waste water evaporators with advanced technologies that can drastically reduce toxic waste water discharge from power plants. These mandatory guidelines have induced leading vendors to come up with innovative solutions and one of the leading vendors GE, has already introduced a new evaporation technology that aids in the reduction of energy costs and chemical additions.

Competitive landscape and key vendors

The market is characterized by the presence


September 26, 2016 | 74 Pages | SKU: IRTNTR10428

Global outlook of the metal cutting machine tools market

Technavio’s market research analysts predict the global metal cutting machine tools market to grow steadily during the forecast period and post a CAGR of more than 7% by 2020. This industry research report identifies the introduction of plasma cutting machines with Windows-based computerized numerical control (CNC) controls to be one of the major factors that will have a positive impact on the growth of the metal cutting machine market in the coming years. The Windows-based CNC controls and manipulates the setup parameters with the use of a simple touchscreen, which enables the efficient handling of height and motion controls. All the essential parameters needed for the cutting process at any desired power level are embedded in the memory of the control system and the operator has to perform only the primary functions such as loading the metal plate and placing the torch at the initial position. Since CNC controls and manages all the other critical processes, the system has the added advantage of eliminating all possible errors and also improves the overall consistency and efficiency.

Analysts predicts that the coming years will witness the rapid adoption of additive manufacturing, a process that is used for creating a three-dimensional object from a digital file. Additive manufacturing involves building up thin layers of material and can produce complex shapes that is not possible with traditional casting and machining methods or subtractive techniques. Moreover, benefits such as access to complex geometries such as internal channels for conformal cooling, overcoming constraints associated with


September 26, 2016 | 66 Pages | SKU: IRTNTR10516

Overview of the global wind turbine bearing market

Technavio’s market research analyst predicts the global wind turbine bearing market to grow at a CAGR of close to 13% during the forecast period. The demand for wind turbine bearings has increased significantly, driven by the growing number of wind installations across the globe. Technological advancements and the growing need to address energy efficiency in a range of applications are leading to a continuous improvement in wind turbine components such as bearing designs. For instance, the fiberglass used in conventional wind turbine blades is heavy and involves intensive manufacturing processes. Manufacturers are focusing to come up with a material that is not as heavy as fiberglass but is strong enough to withstand high wind speeds. Moreover, countries globally have accelerated their investments in installing offshore wind farms, despite their complex and costly maintenance operations.

Climate change policies have led power generation shift to low-carbon or no-carbon technologies such as solar, the wind, and hydropower. With several countries worldwide witnessing a rise in their renewable targets and policies, there has been an increase in renewable power production, which necessitates the presence of adequate and reliable power transmission.  The countries are moving toward renewable energy such as wind and solar to meet their carbon emission goals and reduce dependence on fossil fuels. The increase in government initiatives and policies worldwide to support the installation of solar and wind turbines will drive the growth prospects for the wind turbine bearing market during the forecast period.

Competitive landscape and key vendors


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