Well Intervention Market is Expected To Reach USD 17.76 Billion by 2025| Top Industry Players Halliburton, Weatherford International

San Francisco, 30 November 2018:  The global well intervention market is expected to reach USD 17.76 billion by 2025, according to a new report by Grand View Research, Inc. Development of new oilfields has been a major factor driving market growth. Employment of well intervention services has increased owing to the growing need for energy. 

Well intervention services have various uses in drilling operations including, monitoring pressure & temperature at the reservoir. It is also utilized for transporting fluids and gasses to and fro the reservoir, stimulating the well and making it ready for production by increasing the flow of hydrocarbons, and isolating desired sections by means of annular seals.

Well intervention services are utilized extensively for E&P activities and well cleanup purposes. Monitoring of various activities in the well reservoir, and the ongoing operations, including, perforations, radioactivity, temperature, cementing, noise, plug and packer settings, have become of utmost importance; owing to the high amount of risk. On account of this scenario, logging and bottom hole survey was the largest service category in 2016 and is projected to show a steady growth over the next eight years. The logging and bottom hole survey segment had a market share of 22.1% in 2016.

Offshore is expected to be the fastest growing segment in the application category over the forecast period with an estimated CAGR of 5.1% from 2016 to 2025. A lot of logistics are required for offshore exploration & production activities. The equipment utilized for offshore drilling operations is also expensive as it has to withstand the pressure & temperature of the water bodies as well as the drilling activity. This factor is anticipated to positively drive the offshore segment growth over the forecast period of 2017 to 2025.

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Further key findings from the report suggest:

·       The global well intervention demand was USD 12.45 billion in 2016 and is expected to grow at a CAGR of 4.2% from 2017 to 2025

·       Logging and bottom hole survey emerged as the largest service segment in 2016 and is estimated to generate revenue over USD 3.95 billion by 2025

·       Stimulation is anticipated to be the fastest growing service segment over the next eight years and is estimated to grow at a CAGR of 6.1%

·       The well intervention demand in onshore application was USD 8.15 billion in 2016 and is anticipated to witness steady growth over the next eight years

·       The U.S. offshore well intervention market in applications category was worth USD 2.28 billion and is estimated to reach USD 3.5 billion by 2025

·       The Middle East & Africa region is anticipated to witness high growth at a CAGR of 5.7% by 2025. Recent developments in offshore activities such as increasing oil production in various countries including Qatar and Iran is expected to drive E&P market over the next eight years

·       Key players of the industry include Baker Hughes, Archer Limited, Halliburton, Weatherford International, and Schlumberger. These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments

Grand View Research has segmented the global well intervention market on the basis of service, application, and region:

Well Intervention Service Outlook (Revenue, USD Million, 2014 - 2025)

·         Logging & Bottom Hole Survey

·         Tubing/Packer Failure & Repair

·         Stimulation

·         Remedial Cementing

·         Zonal Isolation

·         Sand Control Services

·         Artificial Lift

·         Fishing

·         Re-Perforation

·         Others

Well Intervention Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Onshore

·         Offshore

Well Intervention Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Well Intervention Market@ www.grandviewresearch.com/press-release/global-well-intervention-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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Books Market Projected To Be Worth $124.2 Billion By 2025| Key Industry Participants Penguin Random House, Hachette Livre

San Francisco, 30 November 2018:  The global books market is expected to reach USD 124.2 billion by 2025, according to a new report by Grand View Research, Inc. The increasing consumer spending supported by increasing income is expected to boost market growth. Furthermore, increasing innovation in the market, which is anticipated to enhance the reading experience is expected to boost the demand over the forecast period.

Small, independent publishing houses are taking advantage of technological advancement and are printing books on demand. Companies such as IngramSpark and Kindle Direct Publishing are two such companies. These companies use small presses. Companies can also use technological innovation to enhance the reading experience for the consumer. For instance, J.K Rowling’s Pottermore, makes reading the book an entire visual experience and also involves the readers in the activities.

This industry based on product type is bifurcated into trade books and other books.. Most of the genres such as fiction, non-fiction, literature, young children are covered under this segment. The buying decision in case of this segment is with the consumer.

The other books segment includes educational publications. Additionally, majority of the buying decision in this segment is made by government authoritites or school administrators. The students now also have the option of renting textbooks, instead of buying them, which can restrain the growth of this industry

Access Research Report of Books Market@ www.grandviewresearch.com/industry-analysis/books-market

Further Key Findings From the Study Suggest:

·       The trade book segment dominates the industry in 2016, owning to increased consumer spending and increase in digital publishing options.

·       North America is estimated to dominate the industry in 2016, owing to increasing employment rates, which in turn increases consumer spending.

·       Some of the key players in books market are Pearson, McGraw-Hill Publications, Penguin Random House, Hachette Livre, Thomas Reuters, Elsiever, HarperCollins, Bloomsbury, and Scholastic. Collaborations, service portfolio expansion and merger & acquisitions are key strategic undertakings by these players.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/consumer-goods

Grand View Research has segmented the Books market by product and region:

Books Market Product Outlook (Revenue, USD Billion; 2013 - 2025)

·         Trade books

·         Other books

Books Market Regional Outlook (Revenue, USD Billion; 2013 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    Japan

o    China

·         Latin America

o    Mexico

o    Brazil

·         MEA

o    South Africa

Access Press Release of Books Market@ www.grandviewresearch.com/press-release/global-books-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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Passive Fire Protection Market to Reach $7.13 Billion by 2022| Top Industry Players Hempel, Sherwin-Williams

San Francisco, 30 November 2018: The global passive fire protection market is expected to reach USD 7.13 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for upscale residential projects is expected to drive the passive fire protection market. 

Rising investment in automation and digitization of the industries coupled with growing use of passive fire protection in warehousing application is expected to drive growth over the forecast period. In addition, rising use of the product in automotive and shipbuilding is expected to drive the demand in Europe and North America. Growing need of minimizing the asset loss is also expected to fuel product demand over the next seven years. 

Access Research Report of Passive Fire Protection Market @ www.grandviewresearch.com/industry-analysis/passive-fire-protection-market

Further key findings from the report suggest:

·       Intumescent coating segment is expected to grow at a CAGR of over 4.0% from 2015 to 2022. Rising investment by the oil & gas firms in improved exploration technologies including hydraulic fracturing and horizontal drilling is expected to drive the market demand. Intumescent coatings are being widely used in manufacturing and power industry.

·       Industrial sector accounted for over 20.0% share of the passive fire protection market owing to capacity expansion and technology upgradation. In addition, government policies including the grant of incentives and subsidies to promote the development of new manufacturing facilities in emerging economies including India, Brazil and Africa is expected to augment demand.

·       North America market is expected to grow at a CAGR of 4.5% from 2015 to 2022. Rising investment to improve their downstream capability and upstream operations prospect is expected to drive growth. The aerospace industry is expected to witness significant growth in the region owing to lower interest rates and availability of financing options.

·       Europe demand for passive fire protection was valued at over USD 1.30 billion in 2014. Europe is expected to witness a steady growth in consumption from warehousing industry owing to rising investment to improve logistics infrastructure coupled with rising government initiatives to improve freight transportation services in the region. However, reducing oil imports coupled with stiff competition from new refining facilities in Asia Pacific and the Middle East is expected to affect the global share of Europe in oil & gas industry over the forecast period. This, in turn, is expected to pose a challenge to market growth over next seven years.

·       Nullifire is a key market player which manufactures intumescent coatings, foams, fire curtains, seal bags, sealants and putty pads. In July 2011, Nullifire launched new service which helps public sector clients to ensure maximum fire resistance. Key companies include Lloyd Insulations (India) Ltd., Nullifire, Hempel, Sherwin-Williams, HILTI, and Carboline.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/advanced-materials

Grand View Research has segmented the global passive fire protection market on the basis of product, application and region:

Global Passive Fire Protection Product Outlook (Revenue, USD Million, 2012 - 2022)

·         Cementitious Material

·         Intumescent Coating

·         Fireproofing Cladding

·         Others

Global Passive Fire Protection Application Outlook (Revenue, USD Million, 2012 - 2022)

·         Oil & Gas

·         Construction

·         Industrial

·         Warehousing

·         Others

Global Passive Fire Protection Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

·         Asia Pacific

o    China

·         Latin America

o    Brazil

·         Middle East & Africa

Access Press Release of Passive Fire Protection Market@ www.grandviewresearch.com/press-release/global-passive-fire-protection-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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Data Center Power Market is Expected To Reach USD 10.77 Billion by 2025|Top Industry Players Eaton, Schneider Electric

San Francisco, 30 November 2018: According to a report published by Grand View Research, Inc.; the data center power market is expected to reach a valuation of around USD 10.77 billion by 2025.

Rising shift of large number of end-users towards hyper-scale and colocation data centers can drive the market during the forecast period (2014 to 2025).

Rising adoption of cloud storage has increased the volume of data centers across the world, which consumes a huge amount of energy. This has increased the need for reducing the power usage efficiency (PUE) ratio and boot efficiency. Increasing cost of energy and growing awareness to save electricity has encouraged the data center designer to deploy intelligent power management solutions. The PUE ratio denotes the efficiency of data center. Increasing use of advanced power management solutions such as battery monitoring system, PUE monitoring devices, intelligent power strips, smart UPS, and intelligent rack PDU can drive the market over the forecast period. Furthermore, traditional data centers are extensively being substituted by novel systems that comprises advanced technologies. High penetration of IoT connectivity and incorporation of artificial intelligence (AI) are likely to increase the demand for data centers in the coming years.

However, requirement of high initial investment for deploying these solutions and lack of availability of of compatible devices are anticipated to hinder the market growth.

Worldwide data center power market can be segmented on the basis of product, end-use, and region. Based on product, the market can be categorized into PDU, uninterrupted power supply (UPS), busway, and others.

Access Research Report of Data Center Power Market@ www.grandviewresearch.com/industry-analysis/data-center-power-market

In 2016, the UPS segment estimated for the major market share. Increasing adoption of cloud computing is responsible for high installation of data center UPS. Increasing use of portable UPS systems in services such as high-performance computing, software as a service (SaaS), online media streaming, and online gaming has supplemented the segment growth. The UPS is the backbone of data centers and are installed to enable smooth working of servers and other networking devices. In addition, several data center users use smart UPS systems, intelligent power distribution systems, and battery monitoring devices for reducing the PUE ratio. Increasing adoption of such advanced devices is expected to drive the segment during the forecast period.

As per end-use, the market can be classified into IT and telecom, banking and financial services institutions (BFSI), government, energy, healthcare, retail, and others.

The BFSI segment has been observed high demand for data centers due to growing focus on digitization. Increasing shift towards the cloud computing and cloud computing has also led to high demand and expected to drive the market during the forecast period.

The telecom segment is appeared as the fastest growing segment. Telecommunication infrastructure development requires facilities to manage large amount of data. This has increased the demand for new data centers, which is expected to boost the demand for power systems solutions.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

In 2016, North America captured the major market share as the region is estimated to have highest number of data centers in the world. In addition, the U.S. contributed for over 30% of the global market and more than 70% of regional market in 2016. Increasing government efforts and regulations for reducing carbon footprints and consumption of energy has increased the adoption of efficient power management devices in this region.

Asia Pacific is anticipated to display higher growth rate due to high adoption of colocation data centers in developing countries such as China and India.

Prominent companies operating in the market include Generac Power Systems, Inc.; Black Box Corporation; ABB Group; Huawei Technologies Co., Ltd.; and Schneider Electric.

Data Center Power Market is extremely competitive. The major market participants are focused on introducing innovative solutions, such as PUE monitoring devices that can offer efficient power management solutions. This has increased the competitive rivalry in the market.

Access Press Release of Data Center Power Market@ www.grandviewresearch.com/press-release/global-data-center-power-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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Camping Cooler Market Size Is Expected To Reach USD 1.05 Billion by 2025|Key Industry Participants Engle Coolers, Grizzly Coolers

San Francisco, 30 November 2018: The global camping cooler market size is expected to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.4% CAGR during the forecast period. The market is expected to witness considerable growth over the forecast period owing to adoption of innovative technologies for manufacturing chillers and growing inclination of people spending time outdoors in the wild.

Millennials continue to change the camping landscape through their growing participation in various physical or recreational activities, such as backpacking, mountain biking, and hiking, which is indirectly increasing the popularity of camping iceboxes.

As per Outdoor Industry Association’s report in 2017, the annual consumer spending on outdoor recreational activities in North America amounted to USD 887 billion, which is much higher than the amount spent on essential amenities, including education, fuel, and medical care. It has been observed that annually, around 50% of the U.S. population participates in at least one outdoor activity.

Prominent manufacturers in the camping and outdoor cooler market assemble parts manufactured by third-party vendors and integrate those with their distinctive technology for developing their end product. For instance, Yeti Coolers, LLC outsources product parts from its partners, including Hedstrom Plastics and Solar Plastics, Inc., for manufacturing its rotomolded chillers.

Key camping cooler manufacturers are engaging in retail through e-commerce and brick and mortar stores to expand their product reach. For instance, in February 2017, Yeti Coolers, LLC launched its first retail store in Texas to expand its regional footprint. The store offers an immersive experience to create a permanent brand reputation in the minds of the customer. The store resembles a museum with a variety of products and merchandise displayed, along with marquee exhibits.

Access Research Report of Camping Cooler Market@ www.grandviewresearch.com/industry-analysis/camping-cooler-market

Further key findings from the report suggest:

·       The 50-75 quarts volume segment is expected to account for a market share of approximately 38.0% by 2025

·       The soft cooler product segment was valued at around USD 175 million in 2017

·       The dry camping application segment is anticipated to account for over 35% of the total revenue by 2025

·       The North American region held the maximum share in 2017 and is anticipated to continue its dominance over the camping cooler market over the forecast period

·       Key players in the market include AO Coolers, Bison Coolers, Engle Coolers, Grizzly Coolers, Igloo Products Corp., and Outdoor Active Gear.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global camping cooler market by volume, product, and application.

Camping Cooler Volume Outlook (Revenue, USD Million, 2014 - 2025)

·         <25 quarts

·         25-50 quarts

·         50-75 quarts

·         75-100 quarts

·         >100 quarts

Camping Cooler Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Hard coolers

·         Soft coolers

·         Others

Camping Cooler Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Dry camping

·         Backpacking

·         Off-road/RV camping

·         Others

Camping Cooler Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Camping Cooler Market@ www.grandviewresearch.com/press-release/global-camping-cooler-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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com