Produced Water Treatment Systems Market is Anticipated to Collect of US$ 6.0 Bn by 2020

PMR’s global produced water treatment systems market report for a five-year forecast period 2015-2020 indicates that the market registered a value of US$ 4.6 Bn in 2015, and is likely to witness steady growth by 2016 end.

With rising demand for crude oil and gas, the need for extraction and production has consistently been on the rise since the past decade. This will remain a key factor propelling the demand for effective produced water treatment systems globally. Moreover, developing regions are constantly facing challenges regarding availability of usable water, which is also identified to fuel the market for better, more efficient, and cost-effective water treatment solutions over the next few years.

PMR expects increased volumes of produced water generation by 2020 end. In addition, the market also estimates spiking ratio of oil-to-produced water. These factors are anticipated to collectively drive the market in the near future.

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Several governments have been mandating stringent regulatory measures in order to maintain the environmental impact of reuse and disposal of produced water. This will continue to escalate the demand for new water treatment systems. Moreover, reinjection norms of the petroleum industry will continue to boost the market for produced water treatment systems.

The oil and gas industry is consistently observing rising exploration of accessible on-shore and off-shore reserves, which is another important factor foreseen to drive the market growth. Introduction of new water treatment technologies are predicted to support the market post-2016. However, high capital costs associated with installation and operation of produced water treatment systems are likely to remain a barrier to widespread adoption.

On the basis of technology, secondary and tertiary treatment systems segments are identified to be the major market shareholders in 2015. However, tertiary treatment systems segment is expected to emerge faster compared to secondary treatment systems segment. Expanding at an estimated 9.1% CAGR over 2015-2020, tertiary treatment systems segment is projected to account for the largest share of the market by 2020 end.

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Based on geography, the global produced water treatment systems market is classified into five regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. North America will continue to be the largest regional market for produced water treatment systems, attributed to wide acceptance of tertiary treatment technology among end-use sectors. Up from US$ 1.73 Bn registered in 2015, North America will witness a CAGR of over 8% during 2015-2020. Asia Pacific is expected to be the second largest market with a moderate CAGR of 4% estimated over 2015-2020. Europe and APAC will continue to represent lucrative markets, whereas Latin America’s market share is poised to rise up by 2020 end.

The global produced water treatment systems market is operated by a number of companies. Some of the key players analyzed in PMR’s produced water treatment systems market report are Aker Solutions, Siemens AG, FMC Technologies, Inc., Alderley plc, Frames Group, Veolia, Aquatech International, CETCO Energy Services, Ovivo, Eco-Tec, ThermoEnergy Corporation, Schlumberger Limited, Global Water Engineering, Miox Corporation, and Ecosphere Technologies, Inc..

While Alderley plc is recognized as one of the top companies leading in primary treatment technologies, Veolia pioneers in off-shore produced water treatment. Aquatech International is concentrating on low CAPEX and OPEX biological processes, whereas Siemens is focusing solely on advanced biological wastewater treatment.

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Global Electric Bus Market Estimated to Exhibit at a CAGR of 28.0% by 2020

PMRAccording to a new market report published by Persistence Market Research “Global Market Study on Electric Bus: Asia Pacific to Witness Highest Growth by 2020”, the global electric bus market is expected to grow at a CAGR of 28.0% during 2014 to 2020, to reach an estimated volume sales of 33,854 units by 2020.

Governments of various countries are focusing on no or low-pollution transportation systems to tackle rising pollution. This, in turn, is driving the electric bus market. Based on drive system, electric buses are categorized as pure electric, hybrid electric, and plug-in hybrid. Most of the electric buses running worldwide are hybrid electric due to their low cost as compared to its other electric counterparts. However, developed countries are focusing on increasing the number of pure electric buses in their fleets.

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The global electric bus market is thriving mainly due to growing environmental concerns of the public and various governments. However, among developing countries, China is the only country taking concrete steps to curb vehicular pollution with the introduction of large number of electric buses. A high cost of electric buses is a key barrier for this industry. However, unstable crude oil prices and increasing focus of the transit agencies on minimizing operational costs are expected to lower the impact of the cost factor in the long term. In recent times, certain product launches by companies indicate the increasing level of competition in the industry. The investments of companies and transit agencies are being backed by funding from venture capitalists and governments. This is favoring the growth of electric bus market.

Unstable fuel prices and depleting crude oil reserves are influencing transport departments and transit agencies globally to increase the number of alternate and new energy vehicles. Some of the transit agencies in developed countries are considering long-term benefits as opposed to short-term costs while purchasing buses. Electric buses require high initial investment. However, their operational cost is significantly low as compared to that of conventional buses, as electricity is cheaper than diesel.

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Air pollution caused by vehicles has been emerging as a serious concern for governments across the globe. This, in turn, is driving demand for public transport facilities with lower emissions. According to the World Health Organization (WHO), air pollution causes about 100,000 deaths every year in Europe, reducing life expectancy by an average of one year. Considering the negative impact of pollution on people, governments around the world are working to find solutions to reduce pollution levels. European countries such as France, the U.K., and Germany are emerging as key markets for electric and hybrid electric vehicles.

The key companies operating in the global electric bus market include BYD Company Limited, Proterra, AB Volvo, Daimler AG, Solaris Bus & Coach S.A., Zhongtong Bus & Holding Co., Ltd, Ashok Leyland, EBUSCO, Alexander Dennis Limited (ADL), and Shenzhen Wuzhoulong Motors Co., Ltd.

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Global Automotive Air Filters Market to Observe Strong Development by 2020

Air filters are essential component of an automotive which serves basically two purposes based on its type. There are two types of automotive air filters namely intake air filters and cabin air filters. Where the former acts as a barrier against foreign particles such as dust to enter engine’s combustion chamber, the latter restricts the entry of dust in the cabin of the vehicle through the vent of HVAC system. Non-performance of intake air filters may lead to inefficiency of engine and increase in its emission levels. Therefore, it becomes necessary for the vehicle user to clean it at regular intervals and replace it with new once it completes its lifetime.

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Automotive air filters have both OEM as well as replacement markets wherein the latter dominates the global sales. The automotive air filter market is driven by increasing demand for automobiles, strict emission norms and changing lifestyles. The increasing number of vehicles with air-conditioned cabins is boosting the market for cabin air filters. The increasing health consciousness of people wherein they require resistance from dust, pollution, harmful exhaust gases and other contaminants while driving is attracting the car users for the cars with cabin air filter. According to The World Health Organization (WHO), the urban outdoor air pollution causes about 1.3 million deaths every year worldwide. Apart from the developed countries, the developing countries are also becoming conscious about their safety from outdoor pollution which is a positive sign for the growth of cabin air filters market in the long term.

Based on vehicle type, automotive air filter market can be segmented under passenger cars, light commercial vehicles and heavy commercial vehicles. However, there exist certain restraints for automotive air filters market including large interval of their replacement in the developing countries and increasing market for duplicate automotive air filters.

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Growing per capita income in other Asian countries such as India is propelling the demand for passenger cars. On the other hand, the increasing industrialization and commerce in Asian countries are boosting the market for commercial vehicles which is driving the automotive air filters market in the region. Commercial vehicles in the developing countries need more care and maintenance as the quality of parts used in them is low as compared to the commercial vehicles manufactured in the developed countries. Moreover, due to less developed infrastructure the chances of entry of dust and dirt in the combustion compartment are high. Due to these factors, the replacement market in the developing markets including Asia Pacific is high as compared the developed countries. However, cabin air filters finds very less usage in commercial vehicles as the requirement for cabin convenience is very less in their case.

Among the regions, Asia Pacific dominated the global sales of automotive air filters followed by North America. China surpassed U.S. in 2010 to become the country with largest automotive population.

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Some of the key companies operating in automotive air filter market include AC Delco Inc., Affinia Group, Denso Corporation, Hengst GmbH and Company KG, Cummins Inc, Toyota Boshoku Corporation and Hollingsworth & Vose Company Inc.

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Global Automotive Telematics Market to Perceive Substantial Growth by 2020

Telematics is referred as information technology that deals with long distance communication and transmission of computerized information. Telematics is the technology of sending, receiving and storing information through the use of telecommunication devices. Automotive telematics is integrated use of telecommunications and informatics applied in the vehicles, providing required information while the vehicle is on the move. Automotive telematics includes global positioning system technology integrated with communication technology within the vehicle such as navigation system.

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On the bases of usage of telematics within the vehicle the global automotive telematics market can be bifurcated into CE telematics, embedded telematics and hybrid telematics. Automotive telematics is used for various applications while the vehicle is on the move. Major application includes vehicle tracking (monitoring the location, movements and status of a vehicle), trailer tracking (movements and position of an articulated vehicle’s), wireless vehicle safety communication (electronic sub-system in a car or other vehicle providing information about road hazards and location and speed of the vehicle and container tracking.

North America has the largest market share for automotive telematics system, followed by Europe and Asia Pacific. The U.S. and Japan are the major users of automotive telematics system within the vehicle. North America is expected to maintain its dominance in the forecasted period.

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However, Asia Pacific region is expected to witness highest growth in coming future. Increasing domestic demand for wireless communication system within the vehicle in the developing countries such as China and India are expected to boost the Asian automotive telematics market.

Increasing demand of integrated wireless communication system within the vehicle by the drivers and passengers is driving the global automotive telematics market. Additionally, government regulation in various countries for the use of automotive telematics system within the vehicle is expected to increase the automotive telematics systems in the forecasted period. Also, increasing demand for vehicles equipped with telematics system in the emerging market of Asia Pacific majorly China, India, South Korea and Japan is expected to drive the global automotive telematics system market in the forecasted period.

Increasing government regulation and consumer willingness to pay more for telematics equipped vehicles is prompting the market leaders to invest in the emerging markets of Asia Pacific.

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Some of the major companies operating in the global automotive telematics market are Visteon Corporation, Intel Corporation, Mix Telematics, Verizon Communications Inc, Delphi Automotive Plc, Agero Inc, Airbiquity Inc, Robert Bosch Gmbh and Continental Ag.

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Global Electric Trike Market Steady Growth to be Witnessed by 2025

The electric trike is a lightweight vehicle which offers car-like features and is powered by electric power through batteries. Some of this electric trikes have cargo or passenger capacity along with weather protection, and light, seats, and mirrors etc. The electric trikes are the vehicles powered by the batteries and hence the development of battery technology is one of the important factors for the electric trike market. The electric trikes offer stable ride to the rider because of its well distributed proper weight which allows for more effective braking.

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Electric Trike Market: Drivers and Restraints

The global Electric Trike market is expected to experience a significant growth due to increase demand for energy efficient and green vehicles across the globe. The technological advancement and development of high-performance electric trite allowed the traveling enthusiast to experience both the car and motorcycle ride through the vehicle. In developed regions such as Western Europe and North America, the local commuters are preferring the low powered trike over the other transport methods. The cornering of this electric trike remained a challenge for its key vendors because unlike motorcycles, this vehicle does not lean during the cornering. This challenge has led to the development of tilting electric trikes. The improvement in battery technology market is a very important factor for the global electric trike market as these vehicles are powered by the battery energy systems. The developments made in the battery technology are expected to make the electric trike more desirable for the customers. For instance, the recent advancement in the Lithium Ion batteries helped the electric trike manufacturers to reduce the overall weight of the vehicle and it also offered the long lifespan of the battery as compared to conventional VRLA and lead acid batteries. The electric trikes offer more stability and ease as compared to the traditional motorcycles, thereby driving the global electric trike market. In most of the countries, electric trike comes under non-standard vehicle category licensing because of which many customers hesitate to purchase this kind of vehicles, this factor is expected to act as a restraining factor for the growth of electric trike market over the forecast period. The key players are working on to develop high-performance electric trike to attract the sports vehicle enthusiasts towards electric trike.

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The global electric trikes market can be segmented on the basis of type as cargo and leisure type. And on the basis of application, the global electric trike market can be segmented into operational use and personal use. The personal use segment is expected to contribute more market share as compared to the other uses.

Electric Trike Market: Region Wise Outlook

The global electric trike Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The global electric trike market is dominated by the Western European Region followed by North America. The Western Europe with near about half of the market share holds a dominating position in the global electric trike market. The presence of major key players in this region and high adoption of this vehicles by the younger generation, are expected to drive the market over the forecast period. The government of various countries from this region are encouraging the use of electric trike market. The countries such as Germany, France, and Italy have emerged as early adopters of this technology. The development of some countries in APEJ region such as India and China and the concept of smart cities trending in this region is projected to drive the market for electric trike market over the forecast period.

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Electric Trike Market: Key Players

  • Piaggio
  • Toyota Motor Corporation
  • Yamaha Motor Company
  • Arcimoto
  • Electra Meccanica
  • Elio Motors
  • Sway Motorsports
  • Torq
  • Valene Motors
  • Girfalco

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Global Industrial Refrigeration Systems Market Poised to Garner Maximum Revenues By 2025

The modern industrial processes in the various end-use sectors such as food and chemicals, are controlled by accurate process conditions and temperature is an important parameter in any process. The industrial refrigeration systems has a major role in maintain the stability of the overall industrial process and directly affects the quality of end product. The industrial refrigeration systems consists of three main components which includes compressors, condensing units and evaporators. The automated systems consists of condenser control, compressor control, oil control, liquid level control and safety systems. Food processing industries has a major share in global industrial refrigeration market in terms of consumption. In food processing industry, it is used for processing of fruits, vegetables, poultry, fish, meat and dairy products. The temperature in industrial refrigeration systems are mentioned in terms of wet bulb and hot bulb temperatures. The dry bulb temperature does not consider the humidity and other properties of air, while wet bulb temperature considers these parameters.

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Industrial Refrigeration Systems Market: Drivers and Restraints
The wide applications of industrial refrigeration systems such as food processing, beverage production, chemical production etc. is the major driver for the growth of global industrial refrigeration systems market. The industrial refrigeration systems has a major role in maintaining the quality of the end product. The growing packed food industry in emerging clusters such as developing countries in APAC and Latin America is expected to drive the growth of industrial refrigeration systems market. The rising investments in improving the infrastructure related to cold chain is anticipated to boost the global industrial refrigeration systems market growth. The environmental regulations regarding maintenance, safe refrigerant use is expected to increasing demand for sustainable refrigeration systems.

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Industrial Refrigeration Systems Market: Region Wise Outlook
The global industrial refrigeration systems market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America accounts for significant share in global industrial refrigeration market. The demand of refrigeration systems in refrigerated warehouses is expected to grow during the forecast period in this region. North America is followed by Europe in terms in consumption in industrial refrigeration market. The rise in commercialisation of transport refrigeration and the mature market of frozen food and meat products in the region is expected to contribute significant share in growth of industrial refrigeration market in the region. APAC is anticipated to register high CAGR during the forecast period, owing to rising industrialisation and urbanisation in the region.

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Industrial Refrigeration Systems Market: Key Players
Some of the key players in the global industrial refrigeration systems market are as follows:
• Carnot Refrigeration
• Star Refrigeration
• Johnson Controls
• Ingersoll-Rand plc
• MAYEKAWA MFG. CO., LTD.
• Danfoss A/S
• DAIKIN INDUSTRIES, Ltd.
• Emerson Electric Co.
• BITZER Kuhlmaschinenbau GmbH
• Innovative Refrigeration Systems, Inc.

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Global Aircraft Landing Gear Market Foreseen to Grow exponentially over 2017 – 2025

Improving global economic conditions has led to continuous increase in air traffic over the past few years. This has fuelled the demand of aircrafts which in turn is driving the growth of the aircraft landing gear market. Aircraft landing gear supports the entire weight of the aircraft during landing, take-off, and while parked. Aircraft landing gear varies according to the platform. For snow, skis type of landing gears are used, for water, pontoon type of landing gears are preferred whereas for ground, retractable wheels landing gears are used.

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The low cost carriers, which operate in short routes widely prefer narrow body aircrafts. Due to this reason, narrow body aircrafts are expected to dominate the aircraft type segment during the forecast period. On the other hand, wide body and very large body aircrafts are used for connecting international destinations. Based on platform, ground dominates the global aircraft landing gear market. Based on application, commercial aviation dominates the aircraft landing gear market. However, military aviation is expected to witness significant growth during the forecast period. Based on wing type, rotary wing is projected to witness a faster growth due to increasing use in military helicopters.

Aircraft Landing Gear Market: Drivers

The growing need of global connectivity coupled with fare cut of air transport is expected to fuel the demand of aircraft, which in turn is expected to drive the growth of the global aircraft landing gear market. Moreover, increasing procurement of UAVs and fighter jets across the globe is further expected to upsurge the demand of aircraft landing gear market during the forecast period.

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Aircraft Landing Gear Market: Restraints

However, lack of safety regulations for aircraft landing gear is expected to hamper the growth of the market during the forecast period. Additionally, high R&D cost for the development of the product is further expected to restrict the growth of the market.

Aircraft Landing Gear Market: Segmentation

The global aircraft landing gear market can be segmented on the basis of product type, aircraft type, platform, wing type and application. On the basis of product type, the global aircraft landing gear market can be segmented into single type landing gear, double type landing gear, tandem type landing gear and bogie type landing gear. On the basis of aircraft type, the market can be segmented into narrow body aircraft, wide body aircraft and very large body aircraft. On the basis of platform, the aircraft landing gear market can be segmented into ground, water and snow. On the basis of wing type, the market can be segmented into fixed wing and rotary wing. On the basis of application, the global aircraft landing market can be segmented into commercial aviation, business aviation and military aviation.

Aircraft Landing Gear Market: Region-wise Analysis

Based on regions, North America is expected to be a prominent revenue generating region in the global aircraft landing gear market. Growing military modernization such as procurement of unmanned aerial vehicle, and advanced military jets are expected to upsurge the demand of aircraft landing gear market in North America during the forecast period. Europe is projected to witness a relatively faster growth in the near future. In Asia Pacific, China and India are projected to grow at significant rates during the forecast period. Emerging middle class and increasing disposable incomes in this region are expected to escalate the demand of aircraft in Asia Pacific, which in turn drives the growth of aircraft landing gear market in this region.

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Aircraft Landing Gear Market: Market Participants

Examples of some of the players identified in the aircraft landing gear market across the globe are as mentioned below:
UTC Aerospace Systems, Circor Aerospace, Héroux-Devtek, Liebherr-Aerospace, Safran Landing Systems, Aerospace Turbine Rotables, Inc., APPH Group, SPP Canada Aircraft, Inc., Fokker Technologies

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