Power Transformer Market Was Estimated To Be Over 11,300 Units In 2013 And Is Expected To Grow At A CAGR Of 5.9% From 2014 To 2020: Grand View Research, Inc.

The global power transformer market size is expected to reach USD 28.22 billion by 2020, according to a new report by Grand View Research, Inc. Emerging technological advancements along with rising electricity consumption are projected to elevate industry growth over the next five years. Huge investment in power plant infrastructure coupled with increasing demand for smart meters is projected to positively impact demand. Further, several government initiatives for modernizing the existing grids combined with installation of technologically advanced systems is anticipated to drive power transformer market growth.
Increasing awareness regarding low carbon emission due to service expansions in resource-based industries is anticipated to offer prominent growth opportunities for the industry. Advanced features offered by eco-friendly devices are projected to replace traditional transformers, which are not compatible with current technical and environmental requirements. However, pricing pressure on manufacturing companies coupled with fluctuating raw material prices are expected to hamper growth.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/power-transformers-market
Further Key findings from the study suggest:

·         The power transformer market can be classified on the basis of products into 100 MVA to 500 MVA, 501 MVA to 800 MVA, and 801 MVA to 1200 MVA. Increased usage of 100 MVA to 500 MVA products in transmission and distribution network for step-up and step-down application is expected to drive global demand. High capacity product demand in the Middle East and Asia Pacific is estimated to drive revenue.

·         Asia Pacific is expected to dominate the industry owing to factors such as economic, industrial and social development in the countries such as China and India. Asia Pacific power transformer market is anticipated to grow at a CAGR of over 6.0% from 2014 to 2020. Replacement of aging power infrastructure in North America and Europe is estimated to boost volume sales in these regions. Further, various initiatives undertaken by European nations in order to deploy green transformers are projected to positively impact demand.

·         Notable players in the industry include GE Co., Alstom SA, Crompton Greaves Ltd, Toshiba Corp., Siemens AG, ABB Ltd, Hyundai Heavy Industries Co. China XD Electric, TBA Co Ltd, and Mitsubishi Electric Co. Companies operating in the power transformer market have to comply with varied regulations related to performance, environment and efficiency.

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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

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Grand View Research, Inc.

United States           

Phone:  1-415-349-0058

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Email:  sales@grandviewresearch.com 

Website:  Grand View Research                          

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Ultracapacitor Market To Exhibit Growth At 20% CAGR For Energy Segment Till 2024

The global Ultracapacitor Market is expected to reach USD 8,049.1 million by 2024, according to a new report by Grand View Research, Inc. These capacitors have the ability to rapidly charge to their maximum capacity and also discharge quickly up to zero-charge level. It also ensures safety of operation as it eliminates potential risk of explosion or self-ignition. Ultracapacitors have a high transient response time of 20 microseconds and are also maintenance free, which can result in increasing adoption over the coming years.
The inherent characteristics of ultracapacitors makes it suitable for use in consumer electronics including audio/video systems and digital cameras owing to low power and energy, and long life back-up offered by these modules. Further, ultracapacitors also possess high power and energy density which makes it an ideal match for use in industrial and automotive applications, which may further escalate growth over the forecast period

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/ultracapacitors-industry

Further key findings from the report suggest:

·         The electronics segment accounted for over 50% of the overall revenue in 2015 and is estimated to witness considerable growth over the forecast period. This is primarily attributed to the smartphone proliferation particularly in developing countries including India, China, and Brazil coupled with increasing demand for smart glasses, e-books, smart watches, and e-papers worldwide.

·         The energy segment is expected to grow at a CAGR exceeding 20% over the period of 2016 to 2024. Utilization of energy storing technology in ultracapacitors delivers a considerable amount of energy at high power. This makes these modules suitable for supplying high power in multi-functional devices. In addition, the advances in material science and electronics sector have enabled new developments in the energy storage field.

·         The100 volts and above segment is estimated to grow at a CAGR beyond 30% owing to the ability of these modules to operate with a temperature range up to 65 degrees Celsius, which makes them suitable for use in emerging application areas including wind turbine pitch control, small UPS systems, and small industrial systems.

·         Asia Pacific Ultracapacitor Market accounted for over 30% of the overall revenue share in 2015, which may increase over the next eight years. Increased penetration of consumer electronics is anticipated to drive regional demand over the forecast period.

·         Key players in the industry include Maxwell Technologies, Inc., Panasonic Corporation, VINA Tech Co. Ltd, Supreme Power Solutions Co. Ltd, Ioxus, Nippon Chemi-Com Corporation, LS Mtron, Nesscap Co. Ltd and Yunasko.

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Grand View Research has segmented the global Ultracapacitor Market on the basis of power, application and region:
Ultracapacitors Power Type Outlook (Revenue, USD Million; 2014 - 2024)

·         Less than 10 volts Modules

·         10 volts to 25 volts Modules

·         25 volts to 50 volts Modules

·         50 volts to 100 volts Modules

·         Above 100 volts Modules

Ultracapacitors Application Outlook (Revenue, USD Million; 2014 - 2024)

·         Automotive

·         Bus

·         Auto

·         Train

·          Others

·         Industrial

·         Cranes

·         Valves

·         Mining

·         Smart Grid

·         Electronics

·         Solid State Disk Drive

·         Non-volatile RAM

·         UPS

·         Energy

·         Wind

·         Solar

·         Energy Harvesting

Ultracapacitors Regional Outlook (Revenue, USD Million; 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         South America

·         Middle East & Africa

Access press release of this research report - http://www.grandviewresearch.com/press-release/global-ultracapacitor-market

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: mediafound.org, grandviewresearch.com/blogs/semiconductors-and-electronics

Photonics Market To Gain From Enhanced Demand For Displays And Consumer Electronics Applications Till 2024: Grand View Research, Inc.

The global photonics market size is expected to reach USD 979.90 billion by 2024, according to a new report by Grand View Research, Inc. The prospects for market growth can be attributed to rapid innovations in the industry for the development of technologically-enhanced products and related services, as well as growing opportunities for the new market development.
Photonics is regarded as one of the Key Enabling Technologies (KETs) in the recent past, leading to the development of new products and services with substantial economic benefits. The broad diversity of devices with photonic-based components is expected to impact the global demand for this technology positively. Photonics is a technologically advanced field, being at the forefront of innovation and R&D and is thus presumed to incorporate substantial growth prospects over the forecast period.
The industry encompasses a broad scope of applications based on photonic-based products, which are anticipated to drive the dynamic emergence of new economic activities in the potential markets. The emergence of green and sustainable photonic-based solutions, such as Photovoltaic (PV) solar cells, is envisioned to drive the industry over the forecast period, owing to the increasing support by both local governments and consumers.
The industry encompasses substantial opportunities for growth over the next eight years. The key impact of photonics technology on energy supply is presumed to offer enhanced PV efficiency in the next-generation solar cells to make PV cost-competitive with fossil fuel electricity generation. Advanced products, such as polycrystalline silicon PV, thin film PV, dye-sensitized PV, and further new developments, such as embedding nanoparticles into solar cells and nanostructure substrates, are expected to boost the demand for photonic components in renewable energy sources over the forecast period.
However, significant initial investments and absence of proper international standards in the technology are expected to challenge the industry growth over the forecast period. The high cost of technology and risk of thermal effect haveled to the limited commercialization of this technology worldwide. Moreover, technology obsolescence and growing presence of counterfeit technologies across the globe are anticipated to challenge the industry growth in the near future.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/photonics-market
Further key findings from the report suggest:

·         Light Emitting Diodes (LEDs) accounted for approximately 10% of the overall market share in 2015 and are presumed to grow at a considerable rate over the forecast period owing to the introduction of new legislations and policies worldwide to boost the adoption of highly efficient and renewable energy devices. LEDs are energy-efficient, high-performance, and environment-friendly alternatives to traditional light bulbs. Further developments alongside organic and inorganic LEDs, such as light emitting nanowires and quantum dots, and large areas light-emitting plastics, are presumed to boost the demand over the next eight years.

·         Lasers are anticipated to witness a substantial growth over the forecast period, growing at an estimated CAGR of over 7% from 2016 to 2024. The growth in this segment can be primarily attributed to rapid developments in the industry to incorporate miniature laser projection units as a light source in next-generation pico-projectors. Lasers are being increasingly used in the production of textiles and clothing as well as fine chemicals and pharmaceuticals.

·         Displays are anticipated to emerge as a predominant application segment over the next eight years owing to increasing developments of sharper, better color, energy-efficient, cheaper, and thin display devices. The increasing adoption of flexible displays, miniaturized displays, holographic displays, enhanced touch, and motion feedback displays are anticipated to lead to new product development and enhancement of existing products.

·         In terms of revenue, North America dominated the global photonics market in 2015 and is expected to retain its dominance over the forecast period. The demand in this region is mainly driven by the increasing adoption of advanced technologies. The U.S. is presumed to encompass significant investments in the form of public spending and government funding for the R&D of photonic-enabled technologies. Europe is presumed to witness a considerable growth over the forecast period, owing to the growing establishment of research facilities for further development of thistechnology.

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Grand View Research has segmented the global photonics market on the basis of product, application, and region.
Photonics Product Outlook (Revenue, USD Billion, 2015 - 2024)

·         Waveguides

·         Optical modulators

·         Optical interconnects

·         LEDs

·         Wavelength Division Multiplexer (WDM) filters

·         Photo detectors

·         Lasers

·         Amplifiers

Photonics Application Outlook (Revenue, USD Billion, 2015 - 2024)

·         Consumer electronics

·         Displays

·         Safety & defense technology

·         Communication

·         Metrology

·         Sensing

·         Medical & healthcare

·         High-performance computing

Photonics Regional Outlook (Revenue, USD Billion, 2015 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         RoW

For press release of this report - http://www.grandviewresearch.com/press-release/global-photonics-market

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: mediafound.org, grandviewresearch.com/blogs/semiconductors-and-electronics