#Germany Transmission & Distribution Market

[prachicmi]

Valves Market is Estimated to Witness High Growth

Valves Market is Estimated to Witness High Growth Owing to Rising Constructional and Infrastructure Development Activities The valves market comprises products such as gate valves, globe valves, check valves, butterfly valves, ball valves and pressure regulating valves which are used to control the flow, pressure and direction of fluids. Valves are extensively used in power plants, refineries, oil & gas, water & wastewater and construction activities. These products play a key role in fluid transportation and management which makes them an integral component across various industrial sectors. Rising infrastructure development projects across both developed and developing nations are augmenting the demand for valves. Moreover, growing pipeline networks for oil & gas transportation is also favoring market growth. The Global valves market is estimated to be valued at US$ 83 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the valves market are Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A., Perdue Farms, Sanderson Farms, Baiada Poultry, Bates Turkey Farm, and Amrit Group. The major players are focusing on capacity expansion plans and mergers & acquisitions to gain market share. Rising population and changing diets are expected to fuel the growth of the poultry sector which presents significant opportunities for valve manufacturers. With the growing poultry industry, demand for processing equipment including valves is also projected to rise substantially over the forecast period. The global valves market is estimated to witness growth across key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This can be attributed to surging investments in oil & gas, water & wastewater infrastructure, and industrial development projects worldwide. Emerging economies with high urbanization rates like China and India also offer lucrative prospects for market expansion. Market Drivers The key driver behind the Valves Market Demand is the increasing constructional and infrastructure development activities worldwide. There is huge government focus as well as private investments toward projects such as roadways, railways, metro stations, power generation, water supply, etc. which involves extensive use of valves in various process applications. Further, the rising need for energy and growing focus on rural electrification has boosted investments in power transmission and distribution sector augmenting valves demand.

PEST Analysis

Political: The valves market is regulated by laws pertaining to safety, environmental protection and quality standards. New regulations regarding emissions could impact demand patterns. Economic: Changes in the global and regional economic conditions directly impact spending on industries like oil & gas, energy & power, and water & wastewater management which influences Valves demand. Social: Growing population and urbanization is increasing requirements for water, energy and other infrastructure development which boost the usage of valves. Technological: Advancements in materials and designs of valves are improving efficiency, lowering costs and enabling usage in newer applications. Digitalization is also aiding remote monitoring of industrial valves. The regions concentrating maximum valves market share in terms of Valves Market Size and Trends include North America, Europe and Asia Pacific. North America accounts for a major portion owing to strong presence of end-use industries like oil & gas and significant infrastructure spending. Europe and Asia Pacific are also sizable markets led by Germany, China, India respectively. The fastest growing regional market for valves is expected to be Asia Pacific led by increasing investments in water & wastewater management, power projects and industrial activities in China and India. Rising standards of living and initiatives to improve urban infrastructure will further drive the demand across developing nations in the region.

Get more insights Valves Market

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

[thoughtportal]

If you’re a news junkie and read multiple news sources a day, you may notice sometimes that there is an article repeated almost word for word in more than one publication. That’s because the story originates from a wire service. News agencies like Reuters, Bloomberg, and the Associated Press (AP) hire journalists to write original articles that are published on the wire and picked up by a variety of subscribing news outlets. These articles will always have the journalist’s name included, and the news agency they work with.

In today’s changing and competitive media landscape, many outlets now rely on news agencies to provide their baseline news copy. This allows the outlet to employ fewer reporters and redirect resources instead to creating more robust editorial content to give the publication its unique flavour and characteristic “voice”.

News wires of all varieties were invented to help journalists do their job more effectively, and most are subscribed to

both news-agency and press-release-feed news wires. In fact, according to a study by Vitis Business Consulting, despite being quick to point out their flaws, 67 per cent of journalists use news wires with as many as 37 per cent checking them daily.

With our 24/7 news cycle and tech-dependent media landscape, it’s easy to forget that at one time, transmitting news from one location to the next was a multi-day affair. Without the benefit of the Internet, fax machine, or even a telephone, the early-mid 1800s were characterized by news being dependent on postal service and reporters going down to the docks in major coastal cities like Boston and New York to get transatlantic news from the ships arriving in port. But what about the reporters who didn’t live in a coastal city where they could access international news? And never mind international news, how did anyone quickly and efficiently find out about anything going on outside of their own city? Key words: “quickly” and “efficiently”.

Until the mid 1800s, news had to be transmitted through letters and the national postal service. Well, in 1846, five New York City newspapers decided that method wasn’t fast enough. Together they formed the Associated Press to create an express pony trail that would get news of the Mexican War to the northern United States quicker than the post. Shortly after, the Associated Press would have an even more effective tool at their disposal.

Enter the telegraph. The telegraph, developed by Samuel Morse (Morse code anyone?) in the 1830s and 1840s, allowed users to transmit and receive messages over long distances using wire and electricity. Telegraphs became a staple of news rooms world wide and were used to communicate news with each other. If a wire didn’t exist to connect certain cities, that’s where the carrier pigeons came in. In fact Reuters, now an internationally recognized news agency, began as a bird service, using pigeons to transmit messages between Brussels, Belgium and Aachen, Germany until the telegraph finally connected the two in the mid 1800’s.

As for international news, reporters still had to go down to the docks to meet the ships before heading back to transmit via telegraph to other news rooms in the region, until the first transatlantic wire came into permanent operation in the 1860s.

Since the telegraph’s transmission capacity was limited, the press discovered quite quickly that it was in their best interest to pool news-gathering, instead of competing for transmission over an already-crowded service.

The continued existence of multiple wire services proves that the benefits of news-pooling is still as relevant now as it was well over one hundred years ago. {read}

[global-research-report]

Enhancing Productivity: The Surging Demand for Metalworking Fluids

Metalworking Fluids Industry Overview

The global metalworking fluids market size is expected to reach USD 17.45 billion by 2030, as per the new report by Grand View Research, Inc., registering a CAGR of 4.9% in the forecast period. The demand is attributed to arise in demand for automotive and industrial machinery. Individual end-use sectors, such as machinery, metal fabrication, and transportation equipment, are driving the expansion of the market.

The market is also expected to be driven by strong development in the machinery and transportation equipment end-use industries over the projected period. Manufacturing is one of the core industries in North America and Europe. Advances in the manufacturing methods for the production of sophisticated end-use products, coupled with the increase in the exports of construction machinery and power, agricultural, and automotive equipment, have fueled the market growth.

Gather more insights about the market drivers, restrains and growth of the Metalworking Fluids Market

The sector is expected to benefit from increased production of construction machines and related parts for industrial, residential, and commercial construction. The rise in public-private partnerships is expected to boost the demand for a variety of construction components that use MWFs during their production. Because of the expanding building activities in these nations, emerging economies are likely to be critical for product growth.

The increasing demand for electricity and upgrading of the existing infrastructure for electricity generation, transmission, and distribution, is anticipated to fuel the market for electrical & power equipment and related components. These components are manufactured using ferrous and non-ferrous metal parts, which consume MWFs during manufacturing.

Browse through Grand View Research's Petrochemicals Industry Research Reports.

The global chemical distribution market size was estimated at USD 268.9 billion in 2024 and is anticipated to grow at a CAGR of 7.3% from 2025 to 2030. 

The global biolubricants market size was valued at USD 2.95 billion in 2024 and is projected to grow at a CAGR of 13.7% from 2025 to 2030. 

Metalworking Fluids Market Segmentation

Grand View Research has segmented the global metalworking fluid market report based on product, application, end-use, industrial end-use, and region:

Metalworking Fluids Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Mineral

Synthetic

Bio-Based

Metalworking Fluids Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Neat Cutting Oil

Water Cutting Oil

Corrosion Preventive Oil

Others

Metalworking Fluids End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Metal Fabrication

Transportation Equipment

Machinery

Others

Metalworking Fluids Industrial End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

Construction

Electric & Power

Agriculture

Automobile

Aerospace

Rail

Marine

Telecommunications

Health Care

Metalworking Fluids Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

France

UK

Russia

Italy

Spain

Turkey

Switzerland

Denmark

Norway

Belgium

Poland

Czech Republic

Sweden

Finland

Asia Pacific

China

Japan

South Korea

India

Singapore

Malayasia

Thailand

Australia

New Zealand

Central & South America

Brazil

Middle East & Africa

Key Companies profiled:

Houghton International, Inc.

Blaser Swisslube AG

BP plc

Exxon Mobil Corp.

Total S.A.

FUCHS

Chevron Corp.

China Petroleum & Chemical Corp.

Kuwait Petroleum Corp.

Key Metalworking Fluids Company Insights

Key companies are adopting several organic and inorganic growth strategies, such as capacity expansion, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

On January 2023, Univar Solutions B.V. entered a distribution agreement with Graphics Services Ltd. for their products such as inks, rust preventive oils, coatings, lubricants, and metalworking fluids in Europe.

On September 2022, Clariant announced the extension of support for metalworking fluid manufacturers globally by offering their additives to develop high lubricity and fully-synthetic metalworking fluids.

Order a free sample PDF of the Metalworking Fluids Market Intelligence Study, published by Grand View Research.

[latestmarketresearchnews]

Microgrid Industry Size, Trends, Value, Sales and Forecast 2030

The global microgrid market size is expected to reach USD 224.34 billion by 2030, registering a CAGR of 17.1% from 2024 to 2030, 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 systems as it acts as 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.

The 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, the 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.

Gather more insights about the market drivers, restrains and growth of the Global Microgrid Market

Microgrid Market Report Highlights

The Combined Heat & Power (CHP) power source segment dominated the global market and accounted for more than 37.0% of the overall revenue share in 2023. Shifting preference from conventional Separate Heat & Power (SHP) system to energy generation from single fuel is expected to have a substantial impact on the segment growth.

The grid-connected product segment dominated the global market and accounted for more than 65.0% of the overall revenue share in 2023. The rising popularity of smart micro-grid-connected PV systems to provide electricity to consumers by reducing transmission losses is expected to have a substantial impact.

North America led the global market and accounted for more than 35.0% of the overall revenue share in 2023. The high adoption rate of captive power generation methods in the industrial and municipal sectors of the U.S. for reducing reliance on the government-controlled power supply is expected to have a substantial impact.

Browse through Grand View Research's Distribution & Utilities Industry Research Reports.

Generator Sets Market: The global generator sets market size was valued at USD 34.2 billion in 2024 and is projected to progress at a CAGR of 9.3% from 2025 to 2030.

LPG Tankers Market: The global LPG tankers market size was estimated at USD 209.41 million in 2024 and is projected to grow at a CAGR of 5.4% from 2025 to 2030.

Microgrid Market Segmentation

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

Microgrid Power Source Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

Natural Gas

CHP

Solar PV

Diesel

Fuel Cell

Others

Microgrid Product Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

Remote

Grid Connected

Hybrid

Microgrid Application Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

Government

Education

Commercial

Utility

Defense

Others

Microgrid Regional Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

Asia Pacific

China

India

Central & South America

Brazil

Middle East & Africa

Order a free sample PDF of the Microgrid Market Intelligence Study, published by Grand View Research.

[researchreportinsight]

Microgrid Market Growth Analysis & Forecast Research Report, 2030

The global microgrid market size is expected to reach USD 224.34 billion by 2030, registering a CAGR of 17.1% from 2024 to 2030, 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 systems as it acts as 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.

The 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, the 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.

Gather more insights about the market drivers, restrains and growth of the Global Microgrid Market

Microgrid Market Report Highlights

The Combined Heat & Power (CHP) power source segment dominated the global market and accounted for more than 37.0% of the overall revenue share in 2023. Shifting preference from conventional Separate Heat & Power (SHP) system to energy generation from single fuel is expected to have a substantial impact on the segment growth.

The grid-connected product segment dominated the global market and accounted for more than 65.0% of the overall revenue share in 2023. The rising popularity of smart micro-grid-connected PV systems to provide electricity to consumers by reducing transmission losses is expected to have a substantial impact.

North America led the global market and accounted for more than 35.0% of the overall revenue share in 2023. The high adoption rate of captive power generation methods in the industrial and municipal sectors of the U.S. for reducing reliance on the government-controlled power supply is expected to have a substantial impact.

Browse through Grand View Research's Distribution & Utilities Industry Research Reports.

Generator Sets Market: The global generator sets market size was valued at USD 34.2 billion in 2024 and is projected to progress at a CAGR of 9.3% from 2025 to 2030.

LPG Tankers Market: The global LPG tankers market size was estimated at USD 209.41 million in 2024 and is projected to grow at a CAGR of 5.4% from 2025 to 2030.

Microgrid Market Segmentation

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

Microgrid Power Source Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

Natural Gas

CHP

Solar PV

Diesel

Fuel Cell

Others

Microgrid Product Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

Remote

Grid Connected

Hybrid

Microgrid Application Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

Government

Education

Commercial

Utility

Defense

Others

Microgrid Regional Outlook (Volume, MW; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

Asia Pacific

China

India

Central & South America

Brazil

Middle East & Africa

Order a free sample PDF of the Microgrid Market Intelligence Study, published by Grand View Research.

[energyandpowertrends]

Utility Poles Market: Enhancing Resilience in Utility and Telecommunication Networks

The Utility Poles Market size was valued at USD 33.15 billion in 2022 and is expected to grow to USD 54.04 billion by 2030 and grow at a CAGR of 6.3% over the forecast period of 2023–2030.

Market Overview

Utility poles are essential for carrying electric transmission and distribution lines, telecommunications lines, and street lighting. With the global push toward sustainable and resilient infrastructure, utility poles are seeing heightened demand in both developed and emerging markets. This market growth is also driven by urban expansion, electrification projects, and the need for reliable power distribution in remote areas.

Market Segmentation

The Utility Poles Market is segmented by type, material, pole size, application, and region, allowing for tailored solutions to meet the diverse requirements of power distribution, telecommunications, and lighting.

By Type

Transmission Poles: Used for high-voltage power lines that transmit electricity over long distances.

Distribution Poles: Carry lower voltage lines that distribute power to residential, commercial, and industrial users.

Transmission poles hold a significant market share due to the increasing need to connect renewable energy sources and the expansion of high-voltage networks globally.

By Material

Wood: Commonly used due to its cost-effectiveness and easy availability.

Composites: Known for their lightweight, durability, and resistance to weathering, making them suitable for harsh environments.

Concrete: Often preferred for their strength and low maintenance, especially in urban and industrial areas.

Steel: Gaining popularity for high-voltage applications due to its superior strength and ability to withstand extreme weather conditions.

Composite and steel utility poles are witnessing increased demand, particularly in areas prone to hurricanes, wildfires, and other extreme weather events, due to their durability and resilience.

By Pole Size

Below 40ft: Typically used in residential areas for distribution lines and street lighting.

Between 40 & 70ft: Suitable for medium voltage lines in suburban and urban areas.

Above 70ft: Used in transmission lines and sub-transmission networks, particularly in areas requiring long-distance power transmission.

Utility poles between 40 and 70 feet dominate the market, as they meet the requirements for both urban and suburban areas.

By Application

Telecommunication: Supporting telecom infrastructure in rural and urban areas.

Energy Transmission & Distribution: Essential for the delivery of electricity to homes, businesses, and industries.

Sub-Transmission Lines: Carrying medium voltage power over moderate distances.

Heavy Power Lines: For large-scale power distribution to industrial zones.

Street Lighting: Providing public lighting for roads, highways, and pedestrian areas.

Others: Including security systems, traffic lights, and additional utility installations.

Energy transmission and distribution applications hold the largest share due to ongoing projects aimed at enhancing the reliability of power grids and integrating renewable energy.

Regional Analysis

The Utility Poles Market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America: Investments in modernizing aging grid infrastructure, coupled with the expansion of renewable energy sources, are key drivers in the region. The United States is particularly active in replacing wooden poles with composite or steel alternatives to enhance durability and meet regulatory standards.

Europe: The push for renewable energy integration and smart grid technology is supporting growth in the utility poles market across Europe. Countries like Germany, France, and the United Kingdom are advancing their infrastructure to accommodate wind and solar energy sources.

Asia-Pacific: Rapid industrialization, urbanization, and increasing demand for electricity are driving the market in this region. Major players in China, India, and Japan are focused on expanding power networks to rural and remote areas, boosting the demand for various types of utility poles.

Latin America: The growing need for reliable power in both urban and rural areas, along with the expansion of renewable energy projects, is supporting market growth in countries like Brazil, Mexico, and Argentina.

Middle East & Africa: Electrification projects, often funded by governmental and international organizations, are expanding power access in remote areas. Additionally, the development of energy transmission networks across this region is expected to support market growth.

Current Trends

Transition to Composite and Steel Materials: The trend of replacing wooden poles with composite and steel materials is increasing, especially in regions facing extreme weather conditions. Composite poles are lightweight, durable, and offer high resistance to corrosion, while steel poles provide superior strength.

Rise of Smart Utility Poles: Smart poles integrated with IoT technology are becoming more common, enabling utilities to monitor network conditions in real time and enhance energy distribution efficiency.

Renewable Energy Integration: Utility poles are being adapted to accommodate renewable energy sources like wind and solar, which require robust transmission networks. This trend is particularly noticeable in Europe and North America.

Focus on Climate Resilience: Many regions are prioritizing climate-resilient infrastructure, leading to increased investments in utility poles designed to withstand fires, storms, and other natural events.

Urbanization and Rural Electrification: The need for reliable power distribution in both urbanized and rural areas is spurring demand for utility poles across diverse applications, from street lighting to telecommunications.

Read Complete Report Details of Utility Poles Market: https://www.snsinsider.com/reports/utility-poles-market-3097

Conclusion

The Utility Poles Market is poised for growth as global economies invest in modern, resilient power infrastructure. As demand for renewable energy rises and grid modernization initiatives continue, utility poles will remain a fundamental component of energy transmission and distribution networks. With ongoing advancements in materials and technology, the market is expected to see innovation that enhances both pole durability and functionality in the years ahead.

About Us:

SNS Insider is a global leader in market research and consulting, shaping the future of the industry. Our mission is to empower clients with the insights they need to thrive in dynamic environments. Utilizing advanced methodologies such as surveys, video interviews, and focus groups, we provide up-to-date, accurate market intelligence and consumer insights, ensuring you make confident, informed decisions.

Contact Us: Akash Anand — Head of Business Development & Strategy info@snsinsider.com Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)

[mukeshdalgavev123]

Anthrax Treatment Market Trends, Growth, and Opportunities 2024

Industrial Snapshot of Anthrax Treatment Market

The Anthrax Treatment Market Report is a treasured source of insightful data for business strategists. It provides an in-depth assessment of numerous features of industries like market overview, present progress valuations, historical and future Studies, current trends, SWOT valuations, and clients operating in several regions. The study provides valuable information to magnify the understanding, scope, and segments of this report. The report covers a comprehensive analysis of Anthrax Treatment Market segmentation, regional and country breakdowns. This research will offer a clear and exact idea about the whole industry to the readers to make beneficial decisions.

According to Straits Research, the global Anthrax Treatment market size was valued at USD XX Billion in 2023. It is projected to reach from USD XX Billion in 2024 to USD XX Billion by 2032, growing at a CAGR of 7.5% during the forecast period (2024–2032).

This study pinpoints noteworthy trends influencing the trajectory of the Gesture Recognition market's expansion. Within this recently issued report, crucial dynamics encompassing drivers, limitations, and prospects are underscored. These aspects hold relevance for well-established market entities as well as emerging stakeholders engaged in the realms of production and supply.

Request a Sample Report @ https://straitsresearch.com/report/anthrax-treatment-market/request-sample

Competitive Analysis

The report contains an in-depth analysis of the vendor’s profile, including financial health, business units, key business priorities, SWOT, strategies, and views.

Glaxo SmithKline Pharmaceuticals Ltd.

Elusys Therapeutics Inc.

Emergent BioSolutions Inc.

Altimune Inc.

Teva Pharmaceutical Industries Ltd.

Novartis AG

Bayer AG.

The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant R&D investments.

Request Sample Report of Global Anthrax Treatment Market @ https://straitsresearch.com/report/anthrax-treatment-market/request-sample

Vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the upcoming years. The key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, collaboration & partnerships, joint ventures, and a few other strategies to be in a strong position in the global market.

Market Segmentation Analysis

The report provides a wide-ranging evaluation of the market, providing in-depth qualitative insights, historical data, and supportable projections along with the assumptions about the Anthrax Treatment Market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendor’s portfolio, blogs, white papers, and vendor presentations. Thus, the research report represents every side of the Anthrax Treatment Market and is segmented on the basis of regional markets, offerings, applications, and end-users.

By Route of Transmission

Cutaneous Anthrax

Inhalation Anthrax

Gastrointestinal Anthrax

Injection Anthrax

By Drug Class

Antibiotics

Immunoglobulins

Others

By End Use

Hospitals and clinics

Ambulatory surgery centers

Government agencies

Others

Access Detailed Segmentation @ https://straitsresearch.com/report/anthrax-treatment-market/segmentation

Regional Analysis for Anthrax Treatment Market

The regional analysis offers a comprehensive view of the Anthrax Treatment Market sales and growth across global and country-level markets. It provides volume and market size data by region, with insights into growth trends in countries like the United States, Canada, Germany, France, China, Japan, and more. The analysis also covers major regions such as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Benefits

Anthrax Treatment Market Industry companies to ensure business continuity with powerful protection by constantly checking the report and representing attractive growth opportunities for the companies. Anthrax Treatment Market handles all the needs of the operators by allowing them to improve their services and concentrate on their core business. Anthrax Treatment Market Research aims to increase business agility and reduce operational and capital expenditure with improved technology rollouts and capacity planning. The report discusses service types and regions related to this Anthrax Treatment Market. Further, the report provides details about the major challenges affecting the market growth.

Buy Now: https://straitsresearch.com/buy-now/anthrax-treatment-market

Other Features of the Report:

Provides a thorough analysis of the key strategies with a focus on the corporate structure, R&D methods, localization strategies, production capabilities, sales, and performance in various companies.

Provides valuable insights into the product portfolio, including product planning, development, and positioning.

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

About Us:By Route of TransmissionCutaneous AnthraxInhalation AnthraxGastrointestinal AnthraxInjection AnthraxBy Drug ClassAntibioticsImmunoglobulinsOthersBy End UseHospitals and clinicsAmbulatory surgery centersGovernment agenciesOthers>

StraitsResearch.com is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.

Contact Us: Email: sales@straitsresearch.com Website: https://straitsresearch.com/

[industrynewsupdates]

Exploring Global Disposable Medical Gloves Market: Regional Insights and Growth Opportunities

The global disposable medical gloves market was valued at USD 6.93 billion in 2023 and is projected to experience significant growth, expanding at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2030. The increasing emphasis on safety and hygiene standards within healthcare environments, combined with rising healthcare expenditures, is expected to be a major driving force behind this market's expansion.

A key factor contributing to the growth of the disposable medical gloves market is the growing awareness of safety measures necessary during patient care and emergency situations. Medical professionals and healthcare workers are increasingly recognizing the importance of using gloves to reduce the risk of exposure to infectious agents, bloodborne pathogens, and contaminants. This heightened awareness is fostering a greater adoption of disposable gloves in healthcare facilities, particularly in clinical and surgical settings.

Additionally, the rising concerns over the transmission of germs and infectious diseases, especially during medical procedures or emergency care, have led to a surge in demand for disposable medical gloves. Gloves are essential in protecting healthcare workers from exposure to bodily fluids, bloodborne pathogens, and other potentially harmful microorganisms, thus making them an indispensable part of healthcare protocols.

The market is also influenced by regulatory standards that require the use of personal protective equipment (PPE), including gloves, in medical settings. These regulations are pushing healthcare institutions to consistently stock and use medical gloves for various procedures and routine patient care.

In the United States, the market is experiencing a significant shift due to the growing prevalence of chronic diseases, which has contributed to an increase in hospital visits and re-admissions. As a result, the demand for disposable gloves in hospitals is on the rise, driven by the need for more frequent patient interactions, treatments, and surgical procedures.

Gather more insights about the market drivers, restrains and growth of the Disposable Medical Gloves Market

Regional Insights

North America led the global disposable medical gloves market in 2023, accounting for the largest market share of 36.9%. This dominance can be attributed to a combination of factors, including the rising prevalence of chronic diseases such as obesity, which are increasing the demand for healthcare services. As a result, healthcare expenditure is expected to continue rising, which in turn will drive the growth of the disposable medical gloves market. Furthermore, North America is home to several prominent disposable gloves manufacturers, including 3M, Kimberly-Clark Corporation, Cardinal Health, and Medicom, which further strengthens the region's market leadership. These companies contribute significantly to market growth through continuous innovation, production capabilities, and distribution networks.

Canada Disposable Medical Gloves Market

In Canada, the disposable medical gloves market is expected to see substantial growth driven by multiple factors. The aging population is a key driver, as older individuals typically require more healthcare services, including frequent hospital visits and surgical procedures. Additionally, substantial investments from both the public and private sectors are enhancing the country’s healthcare infrastructure, which is expected to positively influence the demand for disposable gloves. As Canada expands its healthcare services, especially for the elderly population, the use of disposable medical gloves is projected to grow, particularly in hospitals, outpatient care centers, and long-term care facilities.

Germany Disposable Medical Gloves Market

In Germany, the growth of the disposable medical gloves market is primarily fueled by the expansion of publicly funded long-term care benefits, which have increased the demand for healthcare professionals, particularly nurses. This shift has significantly contributed to the growing need for disposable medical gloves in healthcare settings. Additionally, Germany is experiencing an increased demand for clean room technology in industries such as biotechnology and pharmaceuticals. These industries require high levels of hygiene and sterilization, which are supported by the use of disposable gloves, thus enhancing market demand in the country over the forecast period.

China Disposable Medical Gloves Market

In China, the disposable medical gloves market is anticipated to grow rapidly due to several contributing factors. The country's aging population, urbanization, and the improving standard of living are driving the expansion of healthcare services. Alongside these demographic shifts, healthcare infrastructure is expanding to meet the needs of the growing population. With an increase in healthcare spending, the demand for disposable medical gloves is expected to rise significantly. These factors combined are set to fuel strong growth in the disposable medical gloves market in China, positioning it as one of the fastest-growing regions for this product in the coming years.

Brazil Disposable Medical Gloves Market

Despite recent economic downturns, Brazil is expected to see continued growth in the disposable medical gloves market. A key driver of this growth is the expansion of the private healthcare sector, which is supported by the country’s growing purchasing power in both public and private hospitals. In addition to this, Brazil faces a growing elderly population and an increasing burden from non-communicable chronic diseases such as diabetes, hypertension, and cardiovascular diseases. These factors are driving the demand for healthcare services, particularly in hospitals and home healthcare settings, which rely heavily on disposable medical gloves for infection control. The demand for healthcare services, including both inpatient and outpatient care, is expected to continue fueling the disposable gloves market in Brazil throughout the forecast period.

South Africa Disposable Medical Gloves Market

In South Africa, the disposable medical gloves market is projected to expand due to an increasing awareness of hand hygiene and its role in reducing the spread of infectious diseases. Healthcare professionals are increasingly using disposable gloves as part of infection control practices, particularly in response to the rising incidences of healthcare-associated infections (HAIs). The market is further bolstered by increased healthcare expenditure, which is enabling the expansion of healthcare infrastructure and the growing number of healthcare facilities in the region. Additionally, with a growing patient population, especially in urban centers, the demand for disposable medical gloves in South Africa is expected to rise, contributing to market growth during the forecast period.

Browse through Grand View Research's Smart Textiles Industry Research Reports.

• The global protective textiles market size was valued at USD 6.90 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2030.

• The global cooling fabrics market size was valued at USD 1.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2030.

Key Disposable Medical Gloves Company Insights

The disposable medical gloves market is characterized by a mix of large multinational companies and smaller regional players, leading to a high level of market concentration. Major companies are focusing on various strategies to maintain and expand their market share, including product innovation, acquisitions, and regional expansion. These strategies are designed to help companies establish a strong presence in the growing markets around the world.

For instance, in February 2022, Kimberly-Clark Worldwide, Inc. launched the Kimtech Opal Nitrile Gloves. These gloves are designed to protect against chemical splashes and microbial hazards, offering a higher level of protection compared to standard gloves. The gloves are latex-free, reducing the risk of allergic reactions, and are free from vulcanizing agents, which are commonly associated with Type I & Type IV allergies. By addressing these health concerns, Kimberly-Clark is catering to the growing demand for safer, more reliable medical gloves, particularly in environments where allergic reactions are a concern.

Other leading players in the market, such as Ansell, Medline Industries, Top Glove, and Cardinal Health, are also innovating and expanding their product offerings to meet the evolving needs of the healthcare industry. These companies are leveraging their strong manufacturing capabilities, broad distribution networks, and strategic partnerships to capture opportunities in both developed and emerging markets.

Key Disposable Medical Gloves Companies:

The following are the leading companies in the disposable medical gloves market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these disposable medical gloves companies are analyzed to map the supply network.

• Ansell Ltd.

• Top Glove Corporation Bhd

• Hartalega Holdings Berhad

• Supermax Corporation Berhad

• Kossan Rubber Industries Bhd.

• Cardinal Health

• Semperit AG Holding

• Rubberex

• Dynarex Corporation

• B. Braun Melsungen AG

Order a free sample PDF of the Disposable Medical Gloves Market Intelligence Study, published by Grand View Research.

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Transformer Oil Market - Forecast(2024 - 2030)

Transformer Oil Market Overview

The Transformer Oil Market size is forecast to reach US$3.1 billion by 2027, after growing at a CAGR of 8.1% during the forecast period 2022-2027. Transformer oil is an oil that exhibits stability at high temperatures and has a good electrical insulating characteristic. It comprises polychlorinated biphenyls and nanofluids and it is available in different types such as naphthenic oil, paraffinic oil, diisobutyl adipate and others. The growing end-use industries such as transmission and distribution, railways & metros, power generation, industrial, residential & commercial and others, are driving the growth of the transformer oil market industry. The global economic downturn caused by the COVID-19 pandemic resulted in a huge drop in the usage of railways and metros all across the world, which had a significant impact on the growth of the transformer oil market size.

Transformer Oil Market Report Coverage

The “Transformer Oil Market Report – Forecast (2022 - 2027)” by IndustryARC, covers an in-depth analysis of the following segments in the transformer oil industry.

By Type: Mineral Oil (Paraffinic Oils, Naphthenic Oils and Aromatic Oils), Synthetic Oil (Dibutyl Phthalate, Dioctyladipate and Diisobutyl Adipate), Bio-based Oil (Synthetic Ester and Natural Ester) and Others

By Function: Cooling Agent, Lubricant, Chemical Stabilizer and Others

By Application: Transformers (Power Transformers, Distribution Transformers, Instrument Transformers), Switchgears, Reactors, Circuit Breakers, Cables, Capacitors, Generators and Others

By End-Use Industry: Transmission and Distribution, Railways & Metros, Power Generation, Industrial, Residential & Commercial and Others

By Geography: North America (USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (Middle East and Africa)

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Key Takeaways

The Asia-Pacific region dominates the Transformer Oil Market owing to the increasing investments in the power generation industry. For instance, according to the Indian Brand Equity Foundation, in March 2021, Actis LLP, a private equity firm, invested US$ 850 million to build two green energy power plants in India.

Rapidly rising demand for Transformer Oil in the green power generation sector, for cooling and lubrication application, has driven the growth of the transformer oil market.

The increasing demand for Transformer Oil in the railway sector, due to its usage to protect the damage to the electrical equipment, has been a critical factor driving the transformer oil market growth in the upcoming years.

However, the increasing adoption of renewable and green technologies can hinder the growth of the transformer oil industry.

Transformer Oil Market Segment Analysis – by Application

The transformers segment held a significant Transformer Oil Market share in 2021 and is estimated to grow at a CAGR of 8.2% during the forecast period 2022-2027. Transformers are applied in various industries such as power generation, railways & metros, industrial and other industries, for the transmission and distribution of electricity to the end-user, from the generation point. The transformer segment is growing, for instance, according to the Indian Brand Equity Foundation, in March 2021, Hitachi ABB Power Grids Ltd. bagged an order of US$ 21.66 million, to supply transformers to the Indian Railways. Furthermore, the increasing workload on the data centers has increased the demand for higher-quality power, which is driving the demand for transformers in data centers. The data centers are growing, for instance, in July 2021, Saudi Arabia's Ministry of Communications and Information Technology (MCIT) revealed a proposal to construct a wide network of large-scale data centers, worth US$18 billion. Thus, the growing demand for transformers, to supply electricity to end-users is driving its segmental growth.

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Transformer Oil Market Segment Analysis – by End-Use Industry

The transmission and distribution industry held a significant Transformer Oil Market share in 2021 and is estimated to grow at a CAGR of 8.9% during the forecast period 2022-2027. The growth in industrialization and urbanization, along with the growing population, is increasing the electricity demand, therefore, the requirement for the expansion of the transmission and distribution network is increasing. The expansion of the transmission and distribution lines is estimated to increase the demand for electrical equipment, resulting in the growing demand for the transformer oil, for cooling and lubricating the electrical equipment. Long-term investments in the power distribution system are growing, for instance, according to the Indian Brand Equity Foundation, in December 2020, the Asian Development Bank (ADB) and the Government of India signed a US$ 100 million loan to modernize and upgrade the power distribution system for enhancing the quality and reliability of electricity supply in Bengaluru, Karnataka. Moreover, the construction of the Saad Solar PV 380kV Substation project in Saudi Arabia will be completed by end of 2022, which was announced in 2021. Also, in 2021, the construction of the Power Saudi Housing Megaproject began and is estimated to be completed by 2023. Thus, such investments have uplifted the growth of the transmission and distribution industry, which in turn, is driving the demand for the transformer oil market.

Transformer Oil Market Segment Analysis – by Geography

The Asia-Pacific region dominated the Transformer Oil Market share by 44% in the year 2021, due to the increasing requirement for transformer oil in developing countries such as China, India, South Korea, Japan and other countries. Rising demand for switch gears, transformers, reactors, circuit breakers, generators, coolants and others are expected to drive the transformer oil market during the forecast period. China is estimated to continue its dominance in the transformer oil market during the forecast period. This is due to the growth of the power generation sector in the country. For instance, according to the International Energy Association (IEA), in China, in 2021, annual global energy investment is increased to US$ 1.9 trillion, recovering nearly 10 percent from 2020. Moreover, according to the Government of Canada, in 2021, the government launched a US$964 million program to support smart renewable energy and grid modernization projects that will lower emissions by investing in renewable energy technologies, such as tidal, solar, storage, wind, hydro and geothermal. Thus, the rising growth in the end-use industry is proving to be a market booster for the transformer oil market size in this region.

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Transformer Oil Market Drivers

Growing Wind Energy Projects for Power Generation:

Transformer oil is stable at high temperatures and exhibits good electrical insulating characteristics therefore, is used in transformers. The wind turbine transformer is a linking source between the wind turbine and the distribution grid. It is utilized to step up the low output voltage from the generator to a higher voltage level for power distribution. The wind energy sector is growing, for instance, in December 2021, the Australian government invested AUD 2 billion (US$ 2.25 billion) in the development of a wind farm in Melbourne, Australia. The Golden Plains wind farm includes the installation of 215 turbines that will be capable of producing enough electricity for 765,000 homes. The development of the new wind farm is scheduled to begin by the end of 2022. Moreover, in 2021, the development of the Moray West Offshore Wind Farm project commenced in the Moray Firth of eastern Scotland, UK. The project involves the installation of 85 wind turbines and is scheduled to be operational in 2025. Thus, such an increase in wind power projects is expected to increase the demand for transformer oil for the production of turbine and transformer’s lubricant and coolant, required for the efficient functioning of wind turbines used in such power generation plants. This is expected to propel the growth of the transformer oil market in the upcoming years.

Increasing Railway Industry:

Transformer oil, which is made up of polychlorinated biphenyls, nanofluids and other materials, is used as a coolant in the railway industry. It is used to regulate the temperature of a system and also lubricate the moving parts it comes into contact with, to protect the damage to the electrical equipment. The railway industry is growing, for instance, according to the Government of Canada, in 2021, the government announced to build of new train service in the Toronto to Quebec City Corridor, which is expected to nearly triple the number of annual trips taken by rail, rising to a projected 17 million by 2059, from 4.8 million in 2019. Moreover, according to the international railway journal, in 2021, the Brazilian Government, authorized the Reais 50bn (US$8.877 billion) construction of nine railways in the country, which will expand the network by 3506km. With the increasing investments in the railway industry, it is estimated that in the upcoming years the requirement for transformer oil will rise. This will boost the growth of the transformer oil industry.

Transformer Oil Market Challenges

Increasing Adoption of Renewable and Green Technologies:

Naphthenic oil exhibits high efficiency, good pour point at low temperature, easy availability and exceptional thermal cooling capacity. Also, paraffinic oil has excellent oxidation stability. However, both paraffinic and naphthenic variants of the transformer oil are products of highly purified, processed and refined petroleum, therefore, it is non-biodegradable. The mineral oil is sourced from a non-renewable resource and globally, both the developed and the developing economies are transitioning towards adopting renewable and environmentally friendly technologies. Thus, the increasing adoption of renewable and green technologies might hinder the adoption of mineral-based transformer oils, hindering the growth of the market in the forecast period.

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Transformer Oil Market Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies players adopt in the transformer oil markets. The top 10 companies in the transformer oil market are:

Nynas AB

Ergon Inc.

Calumet Specialty Products Partners, L.P.

Apar Industries Limited

Royal Dutch Shell

Dairen Chemical Corp

Eden Oils.

Cargill Inc.

PetroChina Company Limited

Sinopec Lubricant Company

Recent Developments

In May 2021, Cargill Inc. partnered with Aevitas Inc. to bring improved access to premier transformer oil products to the Canadian market. The new Caltran line of arctic-grade transformer oil offers exceptional low-temperature performance and high oxidation stability, making it ideal for use in cold weather regions such as Canada.

In February 2020, Nynas AB extended its product reach of NYTRO BIO 300X transformer oil in the Middle East. NYTRO BIO 300X is a solution to the challenge of keeping transformers cool in the hot climate of the Middle East.

In September 2020, PetroChina Company Limited expanded the crude oil processing capacity at the Daqing refinery, situated in the Heilongjiang province, China. The refinery’s capacity was expanded to 10 million tons per annum from 6.5 million tons. The expansion was done as a part of an RMB 4.45 billion (US$651 Million) investment and is likely to result in the additional production of transformer oil.

[industryinsightsandanalysis]

Synchronous Condenser Market Size, Share, Growth & Forecast

A synchronous condenser also called a synchronous compensator or synchronous capacitor is a DC-excited synchronous machine or large rotating generator whose shaft does not connect to any driving equipment. A synchronous condenser is used to obtain improved voltage regulation & stability by continuously absorbing/generating adjustable reactive power with refined short circuit strength & frequency by delivering synchronous inertia. In recent times, synchronous condensers witnessed a significant demand owing to their ability to control the power factor of the system. Additionally, a synchronous condenser could be used for both transmission and distribution voltage levels to maintain the desired limit under changing contingency situations and changing load conditions.

The Synchronous Condenser Market is expected to grow at a steady rate of around 7% during the forecast period (2022-2028) owing to the increasing demand for the power factor improver, counterbalance the flux and maintain the inertia of the power generator infrastructure along with the growing adoption of the renewable power integration.  Major companies in the market are focusing to provide synchronous condensers with technologically advanced features. For instance, Siemens provides a synchronous condenser solution with the surplus rotating mass from a flywheel to maintain effective inertia. 

Based on cooling type, the market is segmented into air-cooled, hydrogen-cooled, and water-cooled. The hydrogen-cooled segment is expected to witness a significant CAGR during the forecast period owing to their diverse characteristics such as higher specific heat, lower density, and higher thermal conductivity. Hydrogen-cooled synchronous condensers provide higher energy efficiency, longer durability, and lower noise. Furthermore, a hydrogen-cooled synchronous condenser offers 1.5 times higher heat transfer compared to its counterpart and have1/14th the density compared to its air-cooled counterpart.

Based on reactive power rating, the market is segmented into up to 100 MVAR, 100-200 MVAR, and above 200 MVAR. The above 200 MVAR segments are expected to witness significant growth during the forecast period due to the higher efficiency and compatibility with different industries. Also, the rapid industrialization and urbanization coupled with the development in utility and grid technology are expected to support the market growth during the forecast period.

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For a better understanding of the market adoption of the synchronous condenser industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing industrialization and increasing investment in the transmission and distribution system. Also, the aging power infrastructure and its conversion into technologically advanced infrastructure to enhance the power line voltage regulation will people the market in the coming time. For instance, in February 2021, POWERGRID (Power Grid Corporation of India Limited) inaugurated a 320kV 2000 MW HVDC power plant.  Furthermore, the increasing number of high-voltage direct current (HVDC) projects and capacity addition in the region is expected to propel the market. For instance, Maharashtra planned to invest one billion dollars in the Palghar district for the underground HVDC project to solve the blackout issue.

Some of the major players operating in the market include General Electric, ABB, WEG, Eaton Corporation, Mitsubishi Electric Corporation, Siemens Energy, Power System and Control, Bharat Heavy Electricals Limited, Shanghai Electric, and Fuji Electric.

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[digitrenndsamr]

Flexible AC Transmission System Market in Asia Pacific is expected to expand at a rapid CAGR | Allied Market Research

Allied Market Research, titled, “Flexible AC Transmission System Market," The flexible ac transmission system market was valued at $1.2 billion in 2022, and is estimated to reach $2.3 billion by 2032, growing at a CAGR of 7% from 2023 to 2032.

Flexible Alternating Current Transmission System (FACTS) refers to a collection of power electronic devices and systems used in electrical power transmission networks. The purpose of FACTS is to enhance the control and flexibility of AC (alternating current) power flow. These devices are strategically placed in the power grid to regulate voltage, stabilize power flow, and increase the transmission capacity of lines. By actively manipulating key parameters, such as voltage, impedance, and phase angle, FACTS devices optimize power transmission, mitigate issues like voltage fluctuations and line congestion, and improve overall system stability and efficiency.

Flexible alternating current transmission system (FACTS) devices such as Static Var Compensators (SVC) and Static Synchronous Compensators (STATCOM), are used to regulate voltage levels and maintain voltage stability in power systems. They provide reactive power compensation and help mitigate voltage fluctuations caused by varying load conditions or disturbances in the grid. Flexible Alternating Current Transmission System (FACTS) devices such as Unified Power Flow Controllers (UPFC), Thyristor-Controlled Series Capacitors (TCSC), and Static Synchronous Series Compensators (SSSC), enable control of active and reactive power flow in transmission lines. They can adjust line impedance, improve power transfer capability, and optimize power flow distribution within the grid.

The flexible AC transmission systems (FACTS) market is segmented on the basis of compensation type, controller, industry vertical and region. On the basis of compensation type, the flexible AC transmission system market outlook is divided into series compensation, shunt compensation, and combined series-shunt compensation. In 2022, the series compensation segment dominated the market, in terms of revenue, and combined series-shunt compensation segment is projected to acquire the highest CAGR from 2023 to 2032. On the basis of controller, the flexible AC transmission system market forecast is segregated into synchronous compensator (STATCOM), static VAR compensator (SVC), unified power flow controller (UPFC), thyristor controlled series compensator (TCSC), and others. The others segment acquired the largest share in 2022 and synchronous compensator (STATCOM) is expected to grow at a significant CAGR from 2023 to 2032. On the basis of industry vertical, the flexible AC transmission system market growth is bifurcated into oil and gas, electric utility, railways, and others. The others segment acquired the largest share in 2022 and electric utility segment is expected to grow at a significant CAGR from 2023 to 2032.

Region-wise, the flexible AC transmission systems (FACTS) market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia , and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific remain significant participants in the flexible AC transmission systems (FACTS) market for installing flexible AC transmission line using various flexible AC transmission system devices during the forecast period.

KEY FINDINGS OF THE STUDY

The Flexible AC Transmission System Industry has been witnessing steady growth over the years, driven by increasing demand for grid optimization, renewable energy integration, and power quality improvement. The Flexible AC Transmission System Market Size is expected to continue expanding in the coming years.

Grid modernization initiatives, aimed at upgrading aging infrastructure and improving grid flexibility and reliability, have been a major driver for the deployment of FACTS devices. Governments and utilities are investing in the modernization of transmission systems, creating a huge opportunity for Flexible AC Transmission System Market share.

The adoption of FACTS technologies varies across regions. Developed economies, such as North America and Europe, have been early adopters of FACTS devices due to their well-established power infrastructure and grid modernization efforts. However, emerging economies in Asia-Pacific, such as China and India, are expected to exhibit significant market growth due to their increasing electricity demand and infrastructure development plans. Therefore, such Flexible AC Transmission System Market Trends are observed around the developing nations.

Market players are increasingly forming strategic collaborations and partnerships to enhance their technological capabilities, expand their market reach, and offer integrated solutions. These collaborations aim to leverage the expertise of different stakeholders in the value chain and accelerate market growth.

The key players profiled in the report include ABB Ltd, Adani Power Ltd, ALSTOM SA, CG Power and Industrial Solutions Limited, Eaton Corporation, General Electric, Hyosung Corporation, Mitsubishi Electric Corporation, NR Electric Co. Ltd, and Siemens AG. Market players have adopted various strategies such as collaboration, investment, and contracts to expand their foothold in the Flexible AC Transmission System Market analysis.

[trendingrepots]

Transformer Oil Market - Forecast(2024 - 2030)

Transformer Oil Market Overview

The Transformer Oil Market size is forecast to reach US$3.1 billion by 2027, after growing at a CAGR of 8.1% during the forecast period 2022-2027. Transformer oil is an oil that exhibits stability at high temperatures and has a good electrical insulating characteristic. It comprises polychlorinated biphenyls and nanofluids and it is available in different types such as naphthenic oil, paraffinic oil, diisobutyl adipate and others. The growing end-use industries such as transmission and distribution, railways & metros, power generation, industrial, residential & commercial and others, are driving the growth of the transformer oil market industry. The global economic downturn caused by the COVID-19 pandemic resulted in a huge drop in the usage of railways and metros all across the world, which had a significant impact on the growth of the transformer oil market size.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞

Transformer Oil Market Report Coverage

The “Transformer Oil Market Report – Forecast (2022 - 2027)” by IndustryARC, covers an in-depth analysis of the following segments in the transformer oil industry.

By Type: Mineral Oil (Paraffinic Oils, Naphthenic Oils and Aromatic Oils), Synthetic Oil (Dibutyl Phthalate, Dioctyladipate and Diisobutyl Adipate), Bio-based Oil (Synthetic Ester and Natural Ester) and Others

By Function: Cooling Agent, Lubricant, Chemical Stabilizer and Others

By Application: Transformers (Power Transformers, Distribution Transformers, Instrument Transformers), Switchgears, Reactors, Circuit Breakers, Cables, Capacitors, Generators and Others

By End-Use Industry: Transmission and Distribution, Railways & Metros, Power Generation, Industrial, Residential & Commercial and Others

By Geography: North America (USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (Middle East and Africa)

Key Takeaways

The Asia-Pacific region dominates the Transformer Oil Market owing to the increasing investments in the power generation industry. For instance, according to the Indian Brand Equity Foundation, in March 2021, Actis LLP, a private equity firm, invested US$ 850 million to build two green energy power plants in India.

Rapidly rising demand for Transformer Oil in the green power generation sector, for cooling and lubrication application, has driven the growth of the transformer oil market.

The increasing demand for Transformer Oil in the railway sector, due to its usage to protect the damage to the electrical equipment, has been a critical factor driving the transformer oil market growth in the upcoming years.

However, the increasing adoption of renewable and green technologies can hinder the growth of the transformer oil industry.

[tamanna31]

Structural Health Monitoring CDMO Market - Structure, Size, Trends, Analysis and Outlook 2023-2030

Structural Health Monitoring Industry Overview

The global structural health monitoring market size was valued at USD 2.66 billion in 2022 and is anticipated to grow at a CAGR of 18.8% from 2023 to 2030. A rapid expansion in the infrastructure sector is poised to drive the market. Increasing government initiatives towards SHM system standardization and public safety also boost market growth. Stringent regulations pertaining to the sustainability of structures and the declining cost of sensors are projected to provide a fillip to the market.

Structural health monitoring is a tool that enables civil engineers to reduce maintenance costs and improve safety measures of crucial architectural structures. Fundamental functions performed by SHM systems include testing and monitoring of performance and health of large machines, airframes, turbines, and structures such as buildings, bridges, dams, and stadiums.

Gather more insights about the market drivers, restrains and growth of the Structural Health Monitoring Market

This technology integrates data acquisition and transmission systems, sensors, analyzing tools, measuring amplifiers, and software. The system plays a key role in detecting damages using predictive maintenance, boosts the structure's safety, and enables automatic response, thus saving time and costs. In developing countries, ongoing large projects such as smart cities are using these systems to monitor overall infrastructure health.

Growing infrastructural development worldwide and increasing concerns regarding natural calamities are urging governments worldwide to apply certain regulations regarding SHM, which in turn is expected to work in favour of the market. Increasing focus on low-cost energy harvesting systems and adopting distributed optic fibre further contribute to the market's growth. Surging demand for cost-effective constructions and maintenance is anticipated foster market growth.

Large structures such as buildings, dams, bridges, and other constructions are liable to intense loadings during their lifetime, especially during calamities such as cyclones, earthquakes, and typhoons. These events can result in loss of lives, lead to large-scale damage, and entail economic and social complications. Adopting these systems reduces the cost of maintenance and repairs, as these SHM systems are designed to provide prior warnings in the event of a catastrophe. Therefore, various governments are taking initiatives to promote these systems to improve public safety.

Increasing infrastructural development and growing concerns regarding natural calamities drive the market. The industry is predicted to develop due to the rising need for cost-effective construction and maintenance. Large constructions, such as dams, bridges, buildings, and other structures, must be restored throughout their lives, particularly during cyclones, earthquakes, and strong winds. As these events can result in loss of lives, adopting structural health monitoring can reduce the cost of repairs or maintenance as these systems are designed to provide warning in the event.

Infrastructure largely contributes to the well-being of individuals as well as the productivity growth of the economy. Superior infrastructure helps to eliminate the need for inspection staff and maintenance, thereby minimizing expenses. As a result, the rapid infrastructural development across the globe has propelled the demand for structural health monitoring systems. The rise of infrastructure projects in many industries has unfolded numerous growth opportunities for the market. Moreover, countries like China, the U.S., and Germany increasingly invest in the market. As a result, the demand for structural health monitoring is anticipated to increase over the forecast period.

Over the last few decades, many natural disasters have been linked to damaged or failed essential infrastructure. Such an infrastructure often leads to power outages, communication failures, and collapsing buildings, roads, and bridges. Besides, poor infrastructure also impacts the services of related industries such as transport, retail locations, and others. As such, it is essential to implement useful methods for optimal decision-making across the board, from advising on plant site to structural dimensions and their analysis. Structural health monitoring system plays a vital role in providing real-time information. Hence, the market is anticipated to witness increased demand over the coming years.

The future of the proposed retail, corporate, and transportation projects seems uncertain owing to the growing preference for remote working, the growing popularity of online shopping, and the dwindling brick-and-mortar retail sales. It, in turn, is expected to restrain the demand for structural health monitoring systems. Nevertheless, the demand is expected to recover in the long term as the retail industry is poised for significant growth over the next few years as the market reopens and the construction of commercial establishments, bridges, and other infrastructure also gains traction.

Browse through Grand View Research's Communications Infrastructure Industry Research Reports.

The global fixed wireless access market size was estimated at USD 143.61 billion in 2023 and is projected to grow CAGR of 19.8% from 2024 to 2030.

The global industrial wireline networking market size was estimated at USD 6.56 billion in 2023 and is projected to grow at a CAGR of 11.2% from 2024 to 2030.

Key Companies & Market Share Insights

The industry players are undertaking strategies such as solution launches, acquisitions, and collaborations to increase their global reach. For instance, in April 2021, QUAKELOGIC and SignaGuard, LLC. (a part of MachineSense) launched an innovative process that integrates both firms' patented technologies for structural health monitoring in earthquake-prone areas such as the Himalayas. Frequent earthquakes in the Himalayas region have led geologists to speculate that the whole region is poised for a mega-earthquake at any moment. Since tourism is so prevalent in the area, the damage caused by such a big seismic event could result in millions of deaths.

List of Key Players of Structural Health Monitoring Market

Acellent Technologies, Inc.

Campbell Scientific, Inc.

COWI A/S

DIGI-TEXX

Geocomp, Inc.

GEOKON

GeoSIG Ltd

HBK

James Fisher and Sons plc.

Kinemetrics

NATIONAL INSTRUMENTS CORP.

Nova Ventures Group

Sixense

STRUCTURAL MONITORING SYSTEMS PLC

Xylem

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[pranalip]

Data Center Substation Market Demand And Forecast 2024-2033 | Global Insight Services

The global data center substation market was valued at US$ 9.8 billion in 2021 and it is anticipated to grow up to US$ 15.6 billion by 2031, at a CAGR of 4.8% during the forecast period.

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A data center substation is a structure in the power network where transmission routes and distribution feeders are connected through circuit breakers/switches by busbars. This helps control the power flow across the network and general switching procedures for maintenance purposes. These enclosed zones mainly step up or down the voltage in transmission lines to a particular level suitable for the distribution system. Further, with the surge in the volume of structured and unstructured data, along with the increasing demand for cloud computing, is subsequently driving the demand for efficient and reliable substations.

Market Drivers and Trends

Data centers have become an essential component of the modern economy, from the servers operating in SMEs to the organization data centers supporting large businesses and the plantations running cloud computing services hosted by several technology giants, including Google, Amazon, Netflix, and Facebook. Moreover, different end users have emerged to distinguish themselves with varying data center requirements in this digital economy, which is challenged continually with staying ahead of customers’ IT roadmaps. Therefore, the requirement for data storage is also surging due to the rising demand for big data analytics and cloud-based services, including online content comprising movies, apps, videos, and social media. Thus, the growing need of data centers boosts the requirement for data center substations to get sufficient power supplies, which drives the demand for the data center substations.

Market Restraints and Challenges

On one side, the increasing demand for data center substations for technology giants is helping them in several ways. However, there are several disadvantages to owning own substation, which might create several challenges for substation owners. Firstly, when any user owns the substation, the user needs to operate and maintain it. Secondly, the user may need to install a remote operating system, combining it with their data center, to monitor and control their own substation. While it adds an additional system to their center, it also adds power assurance. Thirdly, if their substation goes down, the user and their maintenance subcontractor are responsible for running the data center again, so users need to establish monitoring and emergency procedures surrounding the substation and the data center itself. Thus, there are several disadvantages to owning own substation, which might create several challenges for substation owners.

Major Players in the Global Data Center Substation Market

The key players studied in the global data center substation market are Acciona, S.A. (Spain), Eaton Corporation plc (Ireland), Hitachi Energy Ltd (Switzerland), Hyosung Heavy Industries (South Korea), NEI Electric Power Engineering, Inc. (US), S&C Electric Company (US), Schneider Electric (France), Siemens Energy (Germany), TE Connectivity Corporation (US), and Tesco Automation Inc. (US).

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Global Data Center Substation Market Segmentation

By Component

Transformers

Switchgears

Relays

Others

By Voltage Type

33KV-110KV

111KV-220KV

221KV-500KV

Above 500KV

COVID-19 Impact

In 2020, amidst the COVID-19 pandemic, the rise in data generation and consumption by individuals & organizations fuelled data storage growth, resulting in the rising number of reliable and efficient data centers. Further, the increase in data generation and the need to improve the performance of data centers have boosted the demand for constructing new data centers. Thus, the number of data center restoration and construction projects will likely provide growth opportunities for the data center substation market. However, the data center substation market had seen a minor hit due to the disruptions in the supply chain and temporary suspension of manufacturing activities. However, the overall market witnessed a positive impact of the COVID-19 pandemic.

Similarly, in 2021, with the uplifting of lockdown and vaccination processes, the supply chain and manufacturing industries started to work fluently. Also, substations are required for continuous power supply demand in data centers. Therefore, the global data center substation market will also grow significantly during the forecast period.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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