Microgrid Market Significant Profits Estimated to be Generated by 2025: Grand View Research Inc.

The Report Microgrid Market Analysis By Power Source (Natural Gas, Combined Heat & Power (CHP), Solar PV, Diesel, Fuel Cell), By Product (Remote, Grid Connected, Hybrid), By Application, And Segment Forecasts, 2018 - 2025

The global microgrid market is expected to reach USD 17.51 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. The improvement in manufacturing sectors of emerging markets including Mexico, China and India as a result of favorable government policies to attract investments is expected to promote market growth.

Microgrid differs from conventional electrical distribution system as it acts a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses. These systems perform dynamic control over energy sources by enabling autonomous as well as automatic self-healing operations.

Rising importance of captive electricity generation as a key alternative to the regulated power supply by municipal regulators in mining and mechanical engineering sectors is expected to have a strong impact. Furthermore, rising production output of unconventional sources including shale gas in the U.S. and Canada as a result of high utilization of fracking technology is expected to ensure access of natural gas as a power source over the next eight years.

Access Research Report of Microgrid Market@ https://www.grandviewresearch.com/industry-analysis/microgrid-market

Further key findings from the report suggest:

·       The global microgrid demand was stood at 1.48 GW in 2016 and is projected to reach 6.54 GW by the end of 2025, expanding at a CAGR of 16.3% from 2017 to 2025.

·       Remote microgrid market demand was 568.2 MW in 2016. The segment is expected to foresee tremendous gains owing to the upcoming installation of new projects in Arctic circle, Russia

·       Natural gas is expected to witness revenue growth at a CAGR of 18.1% from 2017 to 2025. The governments of Russia and Syria signed Russia-Syria Offshore Gas Deal which is aimed for exploration and production of natural gas in Syrian Coast. The abovementioned favorable trends in natural gas industry of Russia is expected to open new markets.

·       Utility is projected to account for 9.6% of global volume share by the end of 2025 as a result of increasing power demand amid the inclusion of new HVAC and heavy load machinery in manufacturing sector

·       North America is expected to account for 71.4% of global revenue by the end of 2025. The increasing number of new solar PV microgrids for utility in Northeast and West regions of the U.S. is expected to have a positive impact.

·       Key vendors include Siemens AG, Exelon, GE, Lockheed Martin Corporation, Lockheed Martin Corporation, ABB Group, Power Analytics, Toshiba Corporation, Honeywell International Inc, ZBB Energy Corporation, Echelon Corporation and Schneider Electric. In November 2016, Exelon launched five new microgrids at USD 250 million through the assistance with Anarbic. This launch is anticipated to play a crucial role in increasing the market share of Exelon in global industry over the next eight years.

Grand View Research has segmented the global microgrid market on the basis of power source, product, application, and region:

Microgrid Power Source Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

·         Natural Gas

·         CHP

·         Solar PV

·         Diesel

·         Fuel Cell

·         Others

Microgrid Product Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

·         Remote

·         Grid connected

·         Hybrid

Microgrid Application Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

·         Government

·         Education

·         Commercial

·         Utility

·         Defense

·         Others

Microgrid Regional Outlook (Volume, MW; Revenue, USD Million; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

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

Thin Film Battery Market to Showcase Healthy Expansion at 27.4% CAGR from 2017 to 2025

The Report Thin Film Battery Market Analysis By Battery type (Disposable, Rechargeable), By Voltage (Below 1.5V, 1.5V to 3V, Above 3V), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2018 - 2025

The global thin film battery market is expected to reach USD 1.72 billion by 2025, according to a new report by Grand View Research, Inc. Rapid adoption of wearable technology in the society, along with technological advancement is further propelling the market growth.

Thin film battery has gained huge popularity due to its lightweight and small size characteristics and is expected to revolutionize the industry. Increasing demand for thin film battery to power compact devices coupled with improved safety is a major driving factor for the industry growth in the wearables and medical applications.

Below 1.5 V thin film batteries are generally used in low power applications such as smart cards, wireless micro-sensors, toys, RFID tags, and medical patches. Moreover, most of the manufacturers are integrating below 1.5 V thin film batteries for various applications. These properties are expected to have a positive impact on the industry.

The smart cards and medical segment are expected to collectively account for 28.7% of the global market share in 2025. Extensive R&D in the global battery industry on account of changing needs from various end-use industries has propelled the development of novel battery, which outperform conventional battery in terms of their performance and durability.

North America was the leading region due to rapid adoption of wearable technology by the people. The consumer is demanding electronics devices which are easy to carry around, which means it should be small in size and light in weight. The availability of a variety of thin film battery options and ability of customization is leading to the expansion of the overall market in this region.

Access Research Report of Thin Film Battery Market @ https://www.grandviewresearch.com/industry-analysis/thin-film-battery-market

Further key findings from the report suggest:

·       The market is expected to grow at a CAGR of 27.4% from 2017 to 2025 on account of increasing adoption of wearable technology around the world

·       Wearable devices will witness fastest growth in terms of revenue at a CAGR of 29.2% from 2017 to 2025 owing to extensive introduction of innovative players

·       Asia Pacific market is expected to witness significant development and was valued at USD 42.6 million in 2016 on account of growing electronics manufacturing industry

·       Key participants include Blue Spark Tech, BrightVolt, Enfucell Oy, ST Microelectronics, Cymbet, Imprint Energy, Ilika PLC, LG Chem, Jenax Inc. and others. These companies are focused on increasing their market share by introducing innovative products.

Grand View Research has segmented the global thin film battery market on the basis of type, voltage, application and region:

Battery type Outlook (Revenue, USD Million, 2014 - 2025)

·         Disposable

·         Rechargeable

Voltage Outlook (Revenue, USD Million, 2014 - 2025)

·         Below 1.5V

·         1.5V to 3V

·         Above 3V

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

·         Wearable Devices

·         Medical

·         Consumer Electronics

·         Smart Cards

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

·         North America

·         Europe

·         Asia Pacific

·         South & Central America

·         Middle East and Africa

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

Fracking Chemicals & Fluids Market to Penetrate Untapped Regions During the Forecast Period

The global fracking chemicals & fluids market is expected to reach USD 57.59 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing demand of fuel and electricity has been a major factor driving the market growth. The utilization of fracking chemicals in drilling operations has increased owing to the growing demand of horizontal drilling methods.

Fracking chemicals have various uses in drilling operations including, prevention of scales in pipe, reduction of friction over base pipe, thickening of water in order to suspend proppants, retention of viscosity of fluid at high temperatures, elimination of bacteria in water, protection of casing from corrosion, and clay stabilization to lock down clays in shale structure.

Fracking chemicals are used in vertical and horizontal drilling operations. The recent shift towards horizontal drilling methods have led to the exponential growth of horizontal wells category in well-type segment. Owing to this scenario, horizontal well was the largest well-type category in 2016 and is expected to maintain its dominance over the next eight years. The horizontal well segment had a market share of 75.6% in 2016.

Water based fluids is expected to be the fastest growing segment in the product category over the forecast period with an estimated CAGR of 10.9% from 2017 to 2025. Water based fluids are utilized to drill approximately 80% of the wells. Growing concern towards toxicity and biodegradation of fracking fluids is expected to drive water based fluids product demand over the forecast period. Owing to its ability to minimize erosion of weak rock formations and circulation loss, water based fracking fluid is expected to gain significance over the forecast period.

To request a sample copy or view summary of this report, click the link below: 
http://www.grandviewresearch.com/industry-analysis/fracking-chemicals-fluid-market

Further key findings from the report suggest:

·       The global fracking chemicals demand was 2,222.0 kilotons in 2016 and is expected to grow at a CAGR of 9.1% from 2017 to 2025

·       Water based fluids emerged as the largest product segment in 2016 and is estimated to generate revenue of USD 32.08 billion by 2025

·       Global fracking chemicals demand in vertical well was USD 520.5 million in 2016 and is anticipated to witness steady growth over the next eight years

·       The U.S. horizontal well fracking chemicals market in well type category was 1,122.1 kilotons in 2016 and is estimated to reach a total volume of 2,360.3 kilotons by 2025

·       The industry in Asia Pacific is projected to witness substantial growth over the forecast period owing to various infrastructural and technological developments across major economies. In terms of revenue, the regional market is expected to grow at a CAGR of 13.8% from 2017 to 2025

·       Key players of the industry include, Baker Hughes Incorporated, Halliburton Company, Schlumberger Ltd., and E.I. du Pont de Nemours and Company. These major players are often indulged in joint ventures, mergers & acquisitions, in order to gain market share and expand their product portfolio.

Grand View Research has segmented the global fracking chemicals & fluids market on the basis of product, well type, application, function and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Water based fluids

·         Oil based fluids

·         Synthetic based fluids

·         Foam based fluids

Well type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Horizontal well

·         Vertical well

Function Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Friction reducer

·         Clay control agent

·         Gelling agent

·         Cross-linkers

·         Breakers

·         Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    UK

o    Russia

·         Asia Pacific

o    China

o    Australia

·         Central & South America

o    Brazil

o    Argentina

·         Middle East & Africa

o    Algeria

o    South Africa

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

Glue Laminated Timber Market Plying for Significant Growth During the Forecast Period

The global glue laminated timber or glulam market is anticipated to reach USD 8.0 billion by 2025, according to a new report by Grand View Research, Inc. The global sustainability concerns along with the persistent energy crisis are among the major factors that are expected to propel market growth over the years to come. The transition from concrete- and steel-based construction to wood building materials is set to actuate demand from the market over the next eight years.

Significant attributes such as high insulation, promising thermal performance, as well as high chemical resistance, are projected to influence the market positively. In addition, the advantages such as low cost and ease of construction offered by glulam relative to other building materials have made it affordable for all consumer segments.

The demand for wood-based residential buildings, including single-family homes and multifamily apartments, is increasing due to their aesthetic appeal and design flexibility. Various benefits, such as improved fire resistance and durability, of the product are expected to augment market growth over the forecast period.

Residential and commercial segments are expected to collectively account for around 80% of the global market revenue by 2025. The growing demand from these segments is attributed to the low cost of construction and easy maintenance of glue laminated timber. Innovations in building and design technologies are projected to boost the demand for glulam products over the forecast period.

Asia Pacific is likely to emerge as the leading region owing to the growing popularity of glue laminate as a building material, along with various government regulations. Growing number of manufacturers of the product in North America and growing research & development for technological advancements are expected to propel the market. Easy availability of timber in forests of Central European countries and the presence of advanced timber processing industries are the prime factors responsible for market growth in Europe. Countries like Canada, the U.S., Italy, Japan, Australia, and China are rapidly developing markets for glue laminated timber.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/glue-laminated-timber-market

Further key findings from the report suggest:

·       The market is likely to register a CAGR of 5.9% in terms of value from 2017 to 2025 on account of growing concerns regarding environmental degradation as well as increasing awareness among consumers. The residential segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to the expanding application scope in the sector for glulam due to its aesthetic appeal.

·       Europe was valued at USD 2.13 billion in 2016 and is expected to witness significant consumption in the future, aided by the presence of Italy and Germany as major markets for glulam

·       Key market players include Boise Cascade Co.; Calvert Company, Inc.; Pfeifer Holz GmbH; Setra Group AB; Canfor Corporation; Schilliger Holz AG.; Structurlam; Mayr-Melnhof Holz Holding AG; Binderholz GmbH; B & K Structures; Eugen Decker Holzindustrie KG; and Meiken Lamwood Corp. The companies mainly focus on extensive innovation and increasing their production capacities to meet the global demand.

Grand View Research has segmented the glue laminated timber market on the basis of application and region:

Application Outlook (Volume, Million Cubic Meters; Revenue, USD Million; 2014 - 2025)

·         Residential

·         Commercial

·         Others

Regional Outlook (Volume, Million Cubic Meters Revenue, USD Million; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         South & Central America

·         The Middle East and Africa

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