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Market Highlights AC drives are used to control the speed of an electric motor that are used in electrical products. The speed of the motor is controlled by changing the frequency of the electricity passing through the motor. The  AC drives  are commonly used in industries, such as oil & gas, power generation, food & beverage, metals & mining, and others. The major advantages of AC drives include energy saving, reverse operation, and elimination of mechanical components in order to reduce maintenance cost. On the basis end-use, the  AC drives market size  is segmented as oil & gas, power generation, and water & wastewater, among others. Power generation segment is estimated to dominate the market during the forecast period due to rising investment in renewable energy, across the globe. Further, AC drives are widely used in manufacturing industries to regulate and control equipment, such as fans, conveyors, machine spindles, and pumps to improve the efficiency of equ

Market Research Future published a half-cooked research report on global Gear Motors market. The  Gear Motors market  is expected to expand at ~ 5.80% CAGR during the period 2018 to 2023. Market Highlights Gear motor market size  is a motor assembled with a set of speed gears. An electric motor and reduction gear are integrated into a single unit, which further can be collectively installed with motor shaft better compactness. These kinds of motors can be operated in various directions such as horizontal, vertical, or tilted position. Larger torque can be achieved by using a higher gear ratio. These motors also comprise of mechanical gears to control the speed of the motor depending upon the type of application and requirements.    Based on industry, the market is segmented as Material Handing, Food & Beverage, Metals & Mining, Automotive, Power Generation (Excluding Wind Power), Marine, Wind Power, Cement & Aggregates, Construction, Chemicals, Rubber, and Plastics, and Oth

Market Analysis  The global superconductor wire market is predicted to grow at a healthy CAGR between 2018- 2023 states the recent Market Research Future (MRFR) analysis. Superconductor wire, simply put, is a wire that is made of superconductors that have zero electrical resistance. It can replace heavy and traditional large cables. The superconductor material utilized is generally in the likes of filament. Theoretically, it enables the persistent electric current flow across all loops of  superconductor wire market size . High-temperature superconductor and low-temperature superconductor are the different types of semiconductor wires. Owing to its alluring features and perks, it has wide applications in several end use industries, especially energy, healthcare, and others. Recent applications of such wires include electric motors, power storage devices, transformers, smart grid, amid others.  Various factors are propelling the global superconductor wire market share. As per the curren

Market Research Future published a half-cooked research report on global heat pump market. The heat pump market is expected to expand at ~ 11.08% CAGR during the period 2018 to 2023. Market Highlights Heat pumps market size  are designed to transfer heat from one place to another, with the help of electricity.  Refrigerators and air conditioners are the two examples with heat pump technology. Advantages of heat pump include, less use of electricity, most efficient alternative to fuel, oil, and electric systems regarding heating and cooling. Heat pumps also have financial benefits due to its high efficiency, leading to contributing towards the reduction of CO2 emissions. Based on end-user, the market is segmented as industrial, commercial, and residential. Residential segment is estimated to dominate the market during the forecast period due to rising demand for heating in residential segment due to the changing climatic conditions. Moreover, increasing population would encourage energy

Market Research Future published a half-cooked research report on global heat meter market. The heat meter market is expected to expand at 7.25% CAGR during the period 2018 to 2023. Market Highlights: Heat meter market size  is a device which measures the consumed or transmitted heat energy. The major component of heat meter consist of flow meter, heat carrier input and output temperature sensors and an electronic calculator. By implementing a heat meter, the end-user only pays for heat consumed. Hence, given the flow and temperature data, the meter can calculate the amount of heat consumed by a commercial or residential building.  There are also certain legislative and regulatory framework needed for installation of heat meter. Residential segment is estimated to dominate the heat meter market during the forecast period. Based on type, the market is segmented into mechanical heat meter and static heat meter. The static segment is estimated to grow at the fastest rate during the foreca

Market Research Future published a half-cooked research report on global Cryogenic Valve market. The cryogenic valve market is expected to expand at 4.49% CAGR during the period 2018 to 2023 Market Highlights Cryogenic valve market size  is generally used for transportation and storage applications by various industries. These valves are utilized in very low temperature or extreme cold applications either to store or transport the LNG in various industries. Cryogenic valve is used in various applications such as Liquefied Ethylene, Propylene and LPG applications. LNG is the major segment which holds largest market share, as natural gas is considered as the primary source of power generation and used in wide range of application in industries such as food & beverage, storage equipment, aerospace for storage and piping the cryogenic tanks. Based on gas,  the market is segmented as LNG, oxygen, nitrogen and others. LNG segment is estimated to dominate the market during the forecast pe

Market Highlights The  global High-speed motor market  is expected to experience immense opportunities over the forecast period with the use of variable frequency drive. The motor system are responsible for more than 65% of energy consumption. To minimize power consumption, the motor control system must be installed with variable frequency drives, which reduces the energy consumption. The High-speed motor with variable frequency drive will result in lower energy consumption. Many manufacturers are adopting the use of variable frequency drive to optimize the cost of production. If the variable frequency drive is not installed with  High-speed motor market size , then the speed control is quite difficult. To optimize the cost and control the speed of motor, High-speed motor with VFDs is expected to boost the market in future. Market Research Analysis Based on types of product, the market has been segmented as induction motor, permanent magnet motor and others. Amongst this, the induction

Market Overview As per MRFR study, the global market of smart meters is expected to rise at 9.55% CAGR in the years to come. MRFR findings show that the world market of smart meters value can worth USD 29,583.1 Mn by 2023. The Smart Meters Market Report by Market Research Future (MRFR), states different factors that can impact the market across the assessment period, along with the impact of COVID-19 on it. The rise of the Smart Meters Market Size and change in the  Smart Meters Market Size  Share in different regions are expected are elaborated in the report. The increase in popularity of smart meters due to the growing awareness about its high accuracy meter readings and real time results can underpin the expansion of the world market in the years to come. The high real-time results in smart meters that are used send messages in wireless connections and automatically to provider can impel the expansion of the market through the review period. Request a Free Sample @  https://www.mark

Industry Insight In its latest study, Market Research Future summed neatly that the global  heat exchanger system market  2020 could witness stability from the years 2018–2023. In these years, the market’s potentiality might rise at a rate of 9.5%, with a high market value. It could be the great achievement of the market to see the future amidst COVID 19 pandemic across the world. Notable Developments In the last decades,  Heat Exchanger Market Size  have gone through a rapid development phase known for offering quiet, efficient operation. High potential in the consumer market, simultaneous incessant investment in a large number of industries, as well as rising capital expenditure are the factors expected to augment the growth of the heat exchanger market in the coming years, mainly post COVID 19 pandemic. Most of the foremost company in the world is looking to forward to investing in the Asia Pacific owing to its more substantial consumer base and profitable opportunities. The Asia Pa

Market Insight The global pneumatic conveying system market’s shares are preparing for new strategies that could help the market to regain its position post novel coronavirus. Market Research Future digs information and comes up with a prediction that the global pneumatic conveying system market 2020 expects a steady growth at a 6% CAGR. The growth pace will be happening in the years from 2018 to 2022 (forecast period). Top Impacting Factors The  pneumatic conveying systems market size  is witnessing a tremendous impetus in support of factors such as the escalating significance of automation in the manufacturing sector, thus giving mount to an escalated demand for conveying systems and material handling equipment. The sustained developments in material handling and conveyance technologies have assisted the pneumatic conveying system market is multiplying. The appearance of industrial automation across the globe is one of the crucial worldwide pneumatic conveying systems market trends.

Heating, ventilation, and air conditioning (HVAC) systems are responsible for controlling the ambience in indoor environments. They are effective when installed over sealed sheet metal ducts. They are designed to prevent heat from being transmitted from an area to another and decreases energy use. The global HVAC insulation market report by Market Research Future (MRFR) provides the scope of the industry combined with strategic analysis of challenges and drivers of the industry for the period of 2017 to 2023 (forecast period). The COVID-19 outbreak and its effects are covered in the report. Market Scope The  HVAC insulation market size  is estimated to reach USD 7,080.9 million by 2023 with a CAGR of 7.42% over the forecast period. It was valued at USD 4,317.7 million in 2016. Infrastructural projects are one of the biggest drivers of the market due to economic growth in developing and developed regions. Improvement in commodity prices and demand for energy-efficient buildings for curb

Market Research Future (MRFR) identified the evolution of end user industries, rising oil & gas exploration activities, technological integration, its advantage of piston compressors as it yields low noise, are some of the major features that can bolster the market growth. Energy-efficient designs and better rental plans are expected to set the market for better targets. Overview: The global  screw compressor market size  is witnessing a substantial hike in its demand and the market may record a CAGR of 5.73% during the forecast period (2018 to 2023). However, the fluctuation of the steel price can hold back the market from registering proper growth in the coming years.  Segmentation: The global  Screw compressor market size  report on the screw compressors market includes a study based on a proper segmentation. This segmentation includes type, stage, portability, and end user as major aspects of the market.  By types of screw compressors,  the global study has been segmented into

Market Synopsis As per the analysis by Market Research Future Reports (MRFR), the global cryogenic equipment market is estimated to expand at a CAGR of 6.90% during the forecast period. With the increased demand for energy and power, coupled with the growing use of LNG for environment-friendly fuel-based generation, the  cryogenic equipment market size  2020 is likely to exhibit significant growth during the review period. Besides, the increasing expenses on infrastructure are likely to propel the establishment of cryogenic equipment across several industries. Apart from this, the complicated industrial processes would encourage the usage of liquid gases, which would propel the cryogenic equipment market at a global level. Likewise, an increase in demand for energy and power sector would bring an impact on the demand for LNG based power generation and hence, increasing the usage of oil tankers for transportation in the shipbuilding sector. These are the key drivers that influence the e

Global Smart Gas Meter Market   - Overview Smart Gas Meters allow its end users to control gas usages displaying the accurate real time data and advanced data analytics of gas usages of each day.  They automatically send the collected data to the supplier using wireless meter reading network allowing them to read meter remotely by wireless meter reading software or hand held unit thus saving time and energy for the users. The collected data also consist of the information on gas consumption, valve status, and battery status etc.  Smart Gas Meters market size  can close valve and stop gas supply on the command of close valve from the wireless software or hand held unit therefore eradicating chances of probable accidents in cases like gas leakages etc. Similarly, the open valve command will restart the gas supply.  Owing to the numerous advantages such as energy efficient consumption control etc., Smart Gas Meters are increasingly replacing the traditional meters and its market is witnes