Smart Power Distribution Systems Market to Eyewitness Massive Growth and Current Scenario by 2026

The global smart power distribution systems market was valued around US$ 18,417 Mn in 2017 and is anticipated to expand at a stable CAGR of more than 14% during forecast period, according to a new report published by Transparency Market Research (TMR) titled “Smart Power Distribution Systems Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. Increasing developments in grid infrastructure, rising demand for integration of renewable energy sources, improved grid reliability and efficient outage response have increased the penetration of smart power distribution systems globally. Adoption of smart power distribution solution by utilities is increasing due to the rising need for savings in capital expenditure (CapEx) and operational expenditure (OpEx). The smart power distribution systems market in North America is expanding at a significant CAGR of more than 15% owing to numerous technological advancements, the presence of a large number of grid automation solution providers, and increasing investments in grid automation for reliable and efficient power supply.

Growing grid modernization for reliable and efficient power supply has increased the demand for smart power distribution solutions worldwide. Rising electricity consumption, reduction in production cost, and the potential to lower carbon emissions are some of the key factors driving massive global investment in the modernization of electricity infrastructure and the development of smart grid technologies. Consistent rise in the consumption of power is the primary factor responsible for modernization of electric systems.

Several countries across the globe are focusing on developing and refining grid architectures, including advanced metering, distribute on automation, substation automation, ubiquitous communications networks, micro grids, and DER integration, which is expected to boost the smart power distribution systems market. The U.S. is focusing on upgrading its power network infrastructure significantly. The office of Electricity Delivery and Energy Reliability (OE), in the U.S., is working with private partners to improve and strengthen the power infrastructure. Numerous market players are launching various smart power distribution solutions to amplify the efficiency of the generation and distribution of the power supply. The key trends prevalent in the smart power distribution systems market are increasing installation of smart meters, investments in smart grid technology, strategic partnerships, and implementation of AI.

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Software segment to dominate the global smart power distribution systems market

The component segment is segmented into software, hardware, and service. The software segment of global smart power distribution systems market is further divided into advanced metering infrastructure, smart grid communication, smart grid distribution and management, substation automation, billing information system, and others. The smart metering infrastructure segment is anticipated to dominate the market owing to the rising deployment of smart meters around the globe. The advanced metering infrastructure segment is anticipated to expand at a significant CAGR of more than 15% during forecast period.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global smart power distribution systems market. The Porter’s Five Forces model for the smart power distribution systems market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in end-users are benchmarked based on their market size, growth rate, and general attractiveness.

Global Smart Power Distribution Systems Market: Taxonomy

The report segments the market based on component, application, and region. The component segment includes software, hardware, and services. The software segment is further segmented into advanced metering infrastructure, smart grid communication, smart grid distribution and management, substation automation, billing information system, and others. The hardware segment is further segmented into sensors, AMI meters, programmable logic controller (PLC), protection and control relays, and others. The services segment is further segmented into deployment and integration, consultant, and maintenance. The application segment includes industrial, commercial, and residential.

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Global Smart Power Distribution Systems Market: Research Methodology

Secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.

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Machine Condition Monitoring Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

The global machine condition monitoring market was valued at US$ 2,212.3 Mn in 2017 and is anticipated to expand at a stable CAGR of 8.1% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Machine condition monitoring Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’

Advantages offered by machine condition monitoring, increased adoption of vibration sensors, increase in equipment performance and productivity, rise in the adoption of machine condition monitoring in the automotive industry, rise in online machine monitoring, and increase in equipment performance and productivity have increased the penetration and growth of the global machine condition monitoring market. The market in Asia Pacific is likely to expand at a rapid CAGR of 8.6% due to numerous technological innovations in equipment condition monitoring systems.

Rise in Demand for Online Monitoring to Drive Market Growth

Rise in predictive maintenance and need for accurate and time-efficient analyses of data have increased the demand for online machine condition monitoring globally. Manual collection of data can be performed only a limited number of times. On the other hand, online monitoring can collect large amounts of data at frequent points avoiding chances of human miscalculation in data collection.

Numerous players from North America are continuously involved in acquisitions in order to offer advanced machine condition monitoring to people who need the information on machine conditions in a timely manner. In September 2018, Azima DLI, a provider of predictive machine condition monitoring and analysis services, launched ‘WATCHMAN,’ its portable online intensive care condition monitoring system that can be quickly deployed by personnel in machines. Key trends prevalent in the global machine condition monitoring market are integrated machine condition monitoring system, technological advancements, cloud technology, wireless condition monitoring, and strategic collaborations.

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Increasing Adoption of Vibration Monitoring is Expected to Drive Growth of the Machine Condition Monitoring Market

In terms of type, the market has been divided into thermography, vibration monitoring, lubrication oil monitoring, acoustic emission monitoring, ultrasound monitoring, corrosion monitoring, current signature monitoring, and others. The vibration monitoring segment is anticipated to dominate the market due to rise in adoption of vibration sensors for assessing equipment condition. Vibration monitoring provides analysis of the overall vibrations of components or machinery in order to observe abnormalities that may indicate faults. Furthermore, potential advantages of machine condition monitoring such as improved efficiency,

increased machine availability and reliability, extended operational life, reduced costs, and improved safety are driving the global machine condition monitoring market. The vibration monitoring segment is anticipated to expand at a significant CAGR of 8.6 % during the forecast period. The lubrication oil monitoring segment is projected to expand at a significant CAGR over the forecast period, owing to the increasing use of lubrication oil as it plays an important role in early machine failure detection.

Rise in Adoption of Machine Condition Monitoring Systems due to Technological Advancements and Increase in Adoption of Predictive Maintenance in the U.S., Germany, China, South Africa, and Brazil to Create More Opportunities in the Market

Geographically, the global machine condition monitoring market has been divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, Asia Pacific was the topmost revenue generating region, followed by North America. This is mainly attributed to advancements in technology and wide use of predictive maintenance techniques in various industries in order to determine the condition of equipment and foresee when and where maintenance is needed.

The report comprises a detailed value chain analysis which provides a comprehensive view of the global machine condition monitoring market. Porter’s Five Forces model for the machine condition monitoring market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-use industry are benchmarked based on their market size, growth rate, and general attractiveness.

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Global Machine Condition Monitoring Market: Taxonomy

The report segments the market based on component, type, solution type, end-use industry, and region. In terms of component, the market has been classified into hardware, software, and services. Based on type, the market has been categorized into thermography, vibration monitoring, lubrication oil monitoring, acoustic emission monitoring, ultrasound monitoring, corrosion monitoring, current signature monitoring, and others. Based on solution type, the market has been divided into online monitoring, integrated monitoring, continuous remote monitoring, and route based monitoring. In terms of end-use industry, the market has been classified into aerospace & defense, automotive, oil & gas, metal & mining, marine, food & beverage, chemicals & pharmaceuticals, and others (paper & pulp, textile, utility).

Global Machine Condition Monitoring Market: Research Methodology

Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market.

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Agri Natural Enemy Pest Control Market Report: Top Companies, Trends and Future Prospects Details for Business Development

Agri natural enemy pest control methods for biological control of pests are gathering traction in improving sustainability of agricultural production. The evolutionary force underpinning the growth of the agri natural enemy pest control market has been the declining yields despite the rampant use of chemical pesticides over the past few years. Growing awareness of adverse effect of chemical pesticide to plants and to the whole pesticide is also boosting the market. According to an estimate, 10% of agricultural yields are destroyed pre-harvest.

An array of ecosystem services are growing in popularity on the back of their incredible potential in complex agricultural landscapes around the world. The approach encompasses methods to attain natural enemy biodiversity by giving predators a complement – the antagonistic relation between flying insects and birds is an instance of their utility. Various stakeholders in the agri natural enemy pest control market are pinning hopes on the fact that natural enemies of insect pests are beneficial for growers. Key ecosystem services in the agri natural enemy pest control market are importation, augmentation, and conservation. The key applications comprise the control of ants, beetles, birds, mosquitoes and flies, and rats and rodents.

Global Agri Natural Enemy Pest Control Market: Growth Dynamics

The growing economic as well as ecological importance of naturally occurring biological agents in controlling pests in agriculture, forestry, and horticulture is a key factor driving the agri natural enemy pest control market. Key control agents employed are parasitoids, pathogens, bacteria, fungi, oomycota, and predators. Growing research that sheds light on how growers and farmers can harness natural enemy pest control methods has been accentuating the potential in the market.

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For instance, the methods have grown in effectiveness from better understanding the role of ecosystem service on multiple spatial scales. Over the past few years, they have adopted various methods such as providing shelter, pollen, and nectar to augment natural enemy biodiversity. Increased deployment of such methods by conservation biological control practitioners in developing and developed countries is fueling the growth of the agri natural enemy pest control market.

The increasing complexity of farming landscape has upped the scope of the methods that fall under the ambit of agri natural enemy pest control. Moreover, new approaches in habitat management have also augmented the prospects of the agri natural enemy pest control market. In developed countries where substantial resources have been put in agriculture, fields can be engineered to attract complementary natural enemies.

Global Agri Natural Enemy Pest Control Market: Notable Developments

Technologies that improve the stability of agri natural enemy pest control products is also boosting the market. To this end, agrochemical companies in recent years have come out with new formulations. The advent of bio-insecticide derived from live bacteria in the market is a case in point.

Several players are also entering into acquisitions of small players or are making strategic mergers and partnerships with their peers. The aims of such strategies by the leading players in the agri natural enemy pest control market are to consolidate their footholds in new geographies, facilitate product innovations, and gain a competitive edge over others in the coming years. Further, these moves augment the commercial scope of industry-leading commercial pest businesses around the world. A case in point is partnership between Bayer and AlphaBio Control.

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Some of the key players in the agri natural enemy pest control market are:

• Marrone Bio Innovation
• Andermatt Biocontol AG
• Syngenta
• Koppert B.V.
• BASF Agricultural Specialities
• AlphaBio Control

Global Agri Natural Enemy Pest Control Market: Regional Assessment

On the regional front, the Oceania and North American countries emerged as early adopters of the agri natural enemy pest control methods. The adoption of organic farming methods augmented the scope of these regions in the agri natural enemy pest control. Recently, Asia Pacific is showing vast potential. Growing commercial interest of such approaches in agriculturists and farmers is boosting the regional prospect.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Automatic Feeding Machines Market Exploring Future Growth 2020-2027

 

• Automatic feeding machines are a relatively advanced and ideal vacuum conveying equipment for powdery materials.
• The automatic feeding equipment consists of a hopper, driving motor, conveying pipe, feeder pans, auger, suspension lifting device, an anti-perching device, and a feed sensor.
• It can automatically transfer various materials to the hopper of packaging machines, injection molding machines, crushers, and other equipment, and also directly transfers mixed materials to a mixer, minimizes labor intensity, and solves the problem of dust overflow when feeding.
• Automatic feeding machines help to eliminate environmental pollution caused due to dust and improves the working environment. These are easy to install, safe to perform the task with minimal efforts, and require least time to operate.

Rising Dependency on Automatic Feeding Machines

• Increase in labor cost for handling manual or semi-automatic feeders has increased the dependency on automatic feeders by replacing manual machines. The operation of the feeding machine is very simple and convenient. Increase in the number of pets, poultry, equine, and livestock population across the globe along with rising disposable income of users has enhanced the demand for automatic feeder machines. These are the factors responsible for the growth of the automatic feeding machines across the globe.

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Presence of Several Substitutes

• Changes in the characteristics of material such as hardness, bulk density, production temperature, angle of repose, particle size distribution, sharpness, and potential danger of explosion may lead to difficulties in the mechanism of the feeder. In addition, components of the feeder such as pipes and hoppers in contact with the hygroscopic and agglomerated materials are easily abraded and damage the automatic feeding machine. Presence of several manual and semi-automatic feeding machines is likely to restrain the growth of the automatic feeding machines market.

Asia Pacific a Potential Market for Automatic Feeding Machines

• The global automatic feeding machines market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the automatic feeding machines market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the automatic feeding machines market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The automatic feeding machines market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific is expected to remain a potential market for automatic feeding machines owing to increase in disposable income and increase in investment in basic animal care needs across the region.

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Key Players Operating in the Automatic Feeding Machines Market

The global automatic feeding machines market is moderately fragmented in nature due to presence of global and regional players. Major players across the globe are focused on offering cost effective feeding systems to meet the requirements of end-users.

A few of the key players operating in the global automatic feeding machines market are:

• AGCO Corporation
• Anderson International Corp.
• Bauer Technics A.S.
• Big Dutchman Inc.
• Cormall AS
• Daviesway Pty Ltd.
• DeLaval Holding AB

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Farm Tractor Market to Witness Steady Expansion During 2020 – 2027

According to a new market report published by Transparency Market Research titled “Farm Tractor Market (Less than 40 HP, 40 HP – 80 HP, 81 HP – 120 HP, 121 HP – 180 HP, 181 HP – 250 HP, More than 250 HP) – North America and Europe Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” the North America and Europe Farm Tractor market is expected to record sale volume of 650 thousands tractors by 2027. Furthermore the farm tractor market in the region is estimated to expand at a CAGR of 3.88 % during the forecast period from 2019 to 2027. Increasing demand for food, favorable government policies, growing farm mechanization and hobby farming are the key factors driving the growth of the farm tractor market in the region.

Comparing the two regions, North America farm tractor dominated the market in 2018 in terms of unit shipments. The market revenues from North America farm tractor market is estimated to be US$ 5.4 Bn in 2019. This is owing to positive growth in the U.S. farm tractor market which witnessed huge demand for medium tractors in below 40 HP- 80 HP horsepower category. However, higher horsepower segments exhibited marginal volume growth in the country. Conversely, farm tractor market in Canada is estimated to witness steep decline in the shipments. This is owing to the frequent fluctuations and weakening of Canadian dollar. The farm tractor market across all the horsepower segments is estimated to witness a dip in 2019 as well. Moreover, all the major tractor manufacturers witnessed tough time in maintaining their market shares in the Canada, as large volume of local demand is met through imports, which escalates proneness to currency fluctuation.

In 2018, Europe farm tractor market recorded shipments of 281 thousand units with Germany being the top contributor followed by France and the U.K. Additionally, Italy is anticipated to be a major contributor in the rest of Europe farm tractor segment. European countries including the U.K, Finland and the Netherlands, have relatively large (area) farms, and therefore farm tractor market above 40 HP is estimated to exhibit significant market share in these countries. However, in other European countries including Germany, small and compact tractor segment is anticipated to dominate the market. The presence of large farms, although in few numbers, is anticipated to generate demand for higher horsepower tractor segment during the forecast period till 2027.

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Farm tractor prices across all the horsepower segments witnessed high fluctuations in the Europe market as well. This is owing to frequent price adjustments from major farm tractor manufacturers to maintain their market shares in the region amidst weak sales forecast. Tractor manufacturers are also working towards incorporating new technologies so as to differentiate their offering from others while adding value to products and services being delivered. This is seen as key strategy in the long run for players to retain their competitive position. Moreover, with expected proliferation of smart technologies in agricultural applications, this is seen as more of a need then the strategy to ensure sustainable growth in the long run.

The report also provides value chain analysis covering key actors in the farm tractor value chain including component manufactures, OEMs (tractor), distribution channel partners, and the end-users. In addition to this, forward and backward integration scenarios is covered in the study which analyses the changing scenarios of widening scope of work and services provided by tractor manufacturers. The market attractiveness analysis for North America and Europe regions is also included within the scope of the research report. The market attractiveness analysis compares the farm tractor market of prominent countries in both the regions based on market size, potential opportunities, and the Compounded Annual Growth Rate (CAGR).

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The report provides competition landscape covering the market share of the leading players in the Europe and North America market based on their revenues in 2018. In addition to this, competition matrix compares and analyzes prominent players in terms of their capabilities and future potential. This includes attributes such as market position, offerings, R&D focus, top line growth, market share, segment growth infrastructure facilities and future outlook. Company profiles of the players covered in the study includes detailed information and analysis based on business overview, strategies, product offering. Furthermore, SWOT analysis of these players is also covered in the company profile section.

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Automotive Telematics Market Business Opportunities & Growth Segmented by Prominent Players

According to the report, the automotive telematics market is projected to reach a value of ~US$ 99 Bn by 2027, expanding at a CAGR of ~17% during the forecast period. The automotive telematics market is likely to be driven by the rise in preference for security and safety features in vehicles.  For instance, automotive telematics is gaining popularity and is largely being demanded by consumers in the Western hemisphere. Automotive telematics helps optimize the efficiency of the vehicle and improvises the traffic flow in a specific region. It helps smoothen the management of vehicle fleet and hence, high rate of adoption among vehicle fleet owners and expansion of rental services are boosting the market for automotive telematics.

Expansion of Automotive Telematics Market

Market for automotive telematics is expanding significantly across all regions. Europe and North America are highly developed markets for automotive telematics, and they are estimated to expand at a notable pace during the forecast period. Significant increase in cases of vehicle theft and traffic fatalities, along with rise in sales of vehicles, encouraged manufacturers to integrate connected vehicle devices in their vehicles. Stolen vehicle tracking and eCall features offered by telematics services are highly popular among passenger vehicle owners. Presence of large population and high traffic congestion in Asia Pacific make recovery of stolen vehicles in the region highly difficult; however, stolen vehicle tracking is expected to make the task of recovering the vehicle notably easier for governing authorities.

Enhanced efficiency of vehicles and fleet management are key drivers of the market. Moreover, high fuel economy and low carbon emission are prime concern of fleet owners. Thus, telematics service providers help enhance the economy of the vehicle.

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Electronic toll collection and congestion charge are key features provided by telematics service providers in some parts of Europe, which are facing parking issues and traffic jams, owing to high rate of motorization, such as those experienced in the city of London. The electronic toll collection system automatically scans the number plate or QR code mounted on the vehicle and deducts the amount from the account of the vehicle owner, which leads to easier flow of traffic. Telematics services offer several features that ultimately turn out to be highly convenient for vehicle owners, such as remote control of the vehicle, vehicle health diagnostic, over the air updates, connected navigation, and infotainment.

In terms of application, vehicle tracking and fleet management services are prominent segments of the market. Adoption of telematics services and technology and advanced technologies in vehicles to enhance safety are anticipated to propel the automotive telematics market.

This TMR report on the automotive telematics market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The competitive scenario of the automotive telematics market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data, current trends, and developments in the international seaborne trade, researchers of the automotive telematics market have arrived at predictions and estimations, and calculated the forecast for the market.

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This report uses an analytical triangulation method to estimate the numbers and figures of the automotive telematics market, with both bottom-up and top-down approaches.

This detailed assessment of the automotive telematics market, along with an overview of the landscape, is provided based on a careful examination of avenues related to this industry. Analysts’ conclusions on how the automotive telematics market is expected to grow are based on carefully vetted primary and secondary sources.

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Automotive Lubricant Market Segments, Opportunity, Growth and Forecast by End-use Industry

Transparency Market Research has published a new report titled, “Automotive Lubricant Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive lubricant market is anticipated to surpass US$ 120 Bn by 2026, expanding at a CAGR of more than 4% during the forecast period.

Increased number of on-road vehicles, globally, is driving the automotive lubricant market. Average age of vehicles has increased with more number of people preferring to retain their vehicle. Consequently, an increased number of ageing vehicles on the road need maintenance, thereby driving the demand for automotive lubricant.

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Demand for lower viscosity oils has increased due to their ability to improve engine performance and fuel economy. OEMs are recommending lower viscosity lubricants and shifting the OEM and aftermarket demand toward better quality synthetic /semi-synthetic oils. Consumers are becoming more aware about maintenance of their vehicle’s health. Synthetic/Semi-synthetic oils are expensive but have longer drain interval time and hence, adoption of these oils is a win-win situation for both manufacturers and consumers. Therefore, the market is moving toward higher value lubricants. API or API-equivalent standards are followed globally in order to curb rising emission and maintain minimum performance of lubricants. Rising performance requirements are prompting OEMs to seek better quality lubricants, which in turn is boosting the automotive lubricant market.

Vehicle users in North America and Europe prefer automatic transmission, which contributes to the high demand for automatic transmission fluid (ATF) in these regions. Asia Pacific is witnessing a technology shift from manual to automatic transmission, owing to the rising demand for continuously variable transmission and dual clutch transmission. This is expected to drive the demand for ATF in the region.

In terms of sales channel, the aftermarket segment is expected to dominate the global automotive lubricant market. Automotive lubricants require periodic replacement and hence, the demand for lubricants in the aftermarket is high. OEMs have different lubricant specifications in different countries. However, OEMs are converging to maintain same portfolio across the global market in order to simplify marketing and distribution.

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The study includes profiles of major companies operating in the global automotive lubricant market. The major share of the market is held by a few key players, and the rest is fragmented among medium-scale manufacturers. Major players operating in the global automotive lubricant market include Royal Dutch Shell plc, ExxonMobil Corporation, BP p.l.c., Chevron Corporation, Total S.A.., Sinopec Corporation, Fuchs Lubricants Co., LUKOIL, Phillips 66 Company, Valvoline LLC, Repsol S.A., JXTG Nippon Oil & Energy Corporation, Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Petrobras, and Morris Lubricants. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. The global automotive lubricant market is primarily driven by the rising number of on-road vehicles. Increased average age of vehicles is spurring the demand for vehicle maintenance, thus boosting the automotive lubricant market.

The report provides the estimated market size of the global automotive lubricant market for 2017 and forecast for the next nine years. The global market size has been provided in terms of value (US$ Bn) and volume (million tons). Market figures have been estimated based on base oil, product type, sales channel, vehicle type, and region. Size and forecast for each major segment have been provided in terms of global and regional/country markets.

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