IT Technology

Navigation Satellite System Market Analysis, Growth by Top Companies, Trends by Types and Application, Forecast to 2023

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Global Navigation Satellite System market report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

The report on Navigation Satellite System market is an all-inclusive study of the current scenario of the industry with the base year being 2017 and its growth prospects over 2018-2023. The report is a meticulous endeavor to present a comprehensive overview of Navigation Satellite System market based on growth opportunities and market shares. The report presents a detailed outline of the product type, key manufacturers, application and key regions concerned in the Navigation Satellite System market.

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This report considers various parameters to calculate the Navigation Satellite System market size especially, value and volume generated from the sales in such segments as product type, application, region, competitive landscape etc.

The competitive scenario of the Navigation Satellite System market has also been evaluated by the report while presenting detailed analysis of notable manufacturers and vendors participating in the Navigation Satellite System market. Major companies covered in the report are as follows:

  • Qualcomm, Trimble Navigation, Broadcom, Furuno Electric, Rockwell Collins, Texas Instruments, Cobham, Hexagon,

Additionally, the report discusses key trends driving the growth of the market, opportunities involved, major challenges and risks that are often confronted by key manufacturers besides presenting an overall idea of the market. The report also analyses in details emerging trends in the marketplace and their impact on current and future development of the Navigation Satellite System market.

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Navigation Satellite System market has been segmented by product type as follow:

  • Global Constellations, Regional Constellations,

Navigation Satellite System market has been segmented by application type as follow:

  • Location-Based Services (LBS), Road, Aviation, Rail, Maritime, Agriculture, Surveying, Time and Synchronisation (Timing & Sync),

The report classifies the regional landscape for Navigation Satellite System market as follow: United States, Germany, France, Russia, China, Japan, India, Korea, Southeast Asia, Middle East, Africa

Research objectives of the study included the analysis of global Navigation Satellite System market consumption in terms of volume and value on the basis of parameters such as regions, application and product type based on data from 2013 to 2017 and forecast for the period of 2018-2023. By identifying the various subsegments of Navigation Satellite System market, a detailed understanding of the market structure has been provided. In an effort to describe, define and analyze the volume, value, market share, sales, competitive landscape, development plans and SWOT analysis for the ensuing years, the report focuses on key manufacturers and their actions in Navigation Satellite System market.

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The report analyses Navigation Satellite System in respect to growth trends, future prospects and contribution of individual players in the Navigation Satellite System market. It also reveals detailed information about the growth potential, drivers, opportunities, risks and challenges that influence the development of Navigation Satellite System market. The report presents a comprehensive projection of the regional submarkets of Navigation Satellite System along with the key countries where the submarkets are most dominant. It also analyses developments such as new product launches, agreements, acquisitions and expansions as well as provides strategic profiles of key players in Navigation Satellite System market while highlighting their growth strategies.

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Train Communication Gateways Systems Market Current and Future Industry Trends, 2018 – 2023

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The newly released research at Market Study Report titled “2018-2023 Global Train Communication Gateways Systems Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

In this report, covers the present scenario (with the base year being 2017) and the growth prospects of global Train Communication Gateways Systems market for 2018-2023.

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Train Train Communication Gateways Systems enable the exchange of information throughout the train. Gateways help to connect to the train communication network. They are also called protocol converters and may communicate using more than one protocol. There are two interface buses used in the TCN: Vehicle bus: Used for intra-vehicle communication, and Train bus: Used for wide information exchange. The wire train bus (WTB) gateway is used as a train bus, and a multifunction vehicle bus (MVB) gateway is used as a vehicle bus. Gateway bus technologies such as controller area network (CAN), serial links, and Ethernet train bus (ETB) are used as a vehicle bus. They provide larger bandwidths and a flexible network.

China has the largest global export quantity and manufacturers in Train Train Communication Gateways Systems market, while the Europe is the second sales volume market for Train Train Communication Gateways Systems in 2017.

Nowadays, there are three mainly types of Train Train Communication Gateways Systems, including Wire Train Bus (WTB) Gateway, Multifunction Vehicle Bus (MVB) Gateway and Others. And Wire Train Bus (WTB) Gateway is the main type for Train Train Communication Gateways Systems, and the Wire Train Bus (WTB) Gateway reached a sales value of approximately 25.13 M USD in 2017, with 52.06% of global sales volume.

Train Train Communication Gateways Systems technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

Over the next five years, projects that Train Train Communication Gateways Systems will register a 25.0% CAGR in terms of revenue, reach US$ 180 million by 2023, from US$ 46 million in 2017.

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Train Communication Gateways Systems Market Report – Quick Rundown:

Vendors discussed with company profiles, details on their offerings, contact information and more include:      SAIRA Electronics, Duagon, EKE-Electronics, Quester Tangent, AMiT, SYS TEC electronic

Global Train Communication Gateways Systems Market Segmentation by product type:

  • Wire Train Bus (WTB) Gateway
  • Multifunction Vehicle Bus (MVB) Gateway

World Train Communication Gateways Systems Market 2018 – 2023 Analysis of Segments by Applications include:

  • Conventional Railways
  • Rapid Transit Railway

With an objective to help understand the development plans and policies, manufacturing processes, cost structures of Train Communication Gateways Systems market, this report lists and profiles leading players with top level information on them. Wherever applicable, it also focuses on the details like supply chain, market statistics, product images, development plan outlook, consumption (where available), growth rates, contact details and much more.

Sub-segments of the Train Communication Gateways Systems market are expansively analyzed covering industry dynamics, help on a feasibility study, vendor strategies, growth prospects and market share of the industry. Growth projections for next few years form an important aspect of this 2018 Train Communication Gateways Systems report.

Apart from whatever is already offered in this Train Communication Gateways Systems market research, the report can be customized to meet your needs – be it additional company coverage or country coverage or anything specific that you need.

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Table OF Content:

1 Scope of the Report

2 Executive Summary
3 Global Train Communication Gateways Systems by Players

4 Train Communication Gateways Systems by Regions

5 Americas

6 APAC

7 Europe

8 Market Drivers, Challenges and Trends

9 Marketing, Distributors and Customer

10 Global Train Communication Gateways Systems Market Forecast

11 Key Players Analysis

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Microirrigation System Market: Challenges to Industry Growth, Size, Share, Forecast 2024

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MarketStudyReport.com Adds New Microirrigation System Market 2017 – 2024 research report providing information and data By Technology, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 300 Pages with table and figures in it.

Micro Irrigation System Market is estimated to exceed USD 12 billion by 2024; according to a new research report.

Rising concern for depleting water resources will drive micro irrigation system market. As per United Nations report, water availability is projected to decrease in various regions with global agriculture water consumption estimated to increase by over 19% by 2050.

Growing environmental awareness and increase in income levels, along with shift in customer?s focus for eco-friendly products in developing economies is anticipated to drive micro irrigation system demand. Unpredictable precipitation in rainfall dependent nations has further supported the industry growth as this is forcing farmers to install the product for reducing seeds and crops wastage.

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Increasing demand for agricultural products is excepted to propel micro irrigation system market. As per analysis, food industry is likely to reach at USD 3 trillion by 2020, growing at the rate of over 4% from 2015 to 2020.

However, the high cost associated with maintenance and installation of these system may restrain the industry growth during forecast time frame. In addition, lack of proficiency in managing these systems may prove to be a significant hindrance to the micro irrigation system market growth

Sprinkler will be valued over USD 7.5 billion in 2024. Elimination of water conveyance channels, evenly distribution of water, and enhanced crop yields are the factors supporting the product demand. Further, suitability of product for various topographies, high irrigation efficiency and ease in operation are expected to propel this segment?s growth. However, a lot of water is wasted due to spray droplets evaporation as they fly through air which may hamper the industry demand.

Orchard crops & vineyards will grow over 12% up to 2024. Lower labor requirement and efficient control over nutrients and water has boosted the product?s demand in this segment. Effective application of water to tree lines of orchard compared to other irrigation methods including, flood & furrow and conventional sprinkler has further fueled the industry growth.

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North America micro irrigation system market is likely to reach USD 3.5 billion by 2024. Growing awareness among the farmers about benefits of using the product has resulted in increased industry demand. Countries including the U.S., Mexico and Canada are prominent users of the product for achieving better quality and higher yield crops for export markets which has driven the regional growth.

Latin America micro irrigation system market will surpass 5 million hectares of land covered in 2016. Changing lifestyle, improved technological innovation and increasing disposable income will favor this segment?s growth. Reduction in arable land due to industrialization, soil erosion and deforestation along with water scarcity are key drivers of the industry.

Global micro irrigation system market is fragmented due to presence of few industry players. Some of the key players are EPC Industries, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Lindsay, Toro Company, Bhumi Polymers.

Table of Content:

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1.  Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Definitions & forecast parameters

1.2. Data sources

1.2.1.  Primary

1.2.2.   Secondary

Chapter 2. Executive Summary

2.1. Microirrigation system industry 360 degree synopsis, 2013 -2024

2.1.1.  Business trends

2.1.2.   Product trends

2.1.3.   Application trends

2.1.4.   End-use trends

2.1.5.   Regional trends

Chapter 3. Microirrigation System Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.  Distribution channel analysis

3.3.2.   Profit margin trends

3.3.3.  Vendor matrix

3.4. Technology landscape

3.5. Components of microirrigation system

3.5.1.   Drip

3.5.1.1.   Water source

3.5.1.2.   Control valve

3.5.1.3.   Filter

3.5.1.4.   Main pipe

3.5.1.5.   Sub-main pipe

3.5.1.6.   Lateral pipe

3.5.1.7.   Micro-tube / emitter

3.5.1.8.   Fittings & accessories

3.5.2.   Sprinkler

3.5.2.1.   Water Source / Pump

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Industrial Control Systems (ICS) Security Market: Global Industry Analysis, Size, Share, and Forecasts 2018–2024

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Market Study Report adds global Industrial Control Systems (ICS) Security market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Industrial Control Systems (ICS) Security market is projected to surpass USD 7 billion by 2024. Industrial control system encompasses different types of control systems in the industrial environment including Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA) systems, and configurations such as Programmable Logic Controllers (PLC). An ICS comprises different mechanical, pneumatic, electrical, and hydraulic components that function together to facilitate the completion of industrial objectives such as the transportation or manufacturing of energy or matter. It is found in various industries such as power & energy, chemical, water and wastewater, pulp & paper, pharmaceutical, and advanced manufacturing (aerospace, automotive, durable goods, etc.). It plays an important role in the functioning of the critical infrastructures that consist of mutually dependent and highly interconnected systems.

Securing ICS components from the risks of cyber-attacks is highly critical as the consequences of cyber incidents in an industrial environment can be far more severe than the associated financial losses. Some of these consequences include a long-lasting impact on the environment, fines from regulators or partners or customers, who have been put at risk, and loss of a service or a product due to a data breach. As industrial cyber-attacks are becoming common, it is one of the most critical concerns for industries to identify and assess risks and establish the necessary policies and procedures to manage those risks effectively.

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The ICS security market is projected to register a CAGR of over 20% between 2018 and 2024. The growth is attributed to the increasing incidents of cyber-attacks on critical infrastructure industries and consistent increase in the number of vulnerabilities detected in ICS components globally with government policies to ensure a robust IT security framework for National Critical Infrastructure (NCI) protection. The increasing need to secure industrial IT infrastructure from internal threats will contribute to the growing awareness related to ICS security over the forecast timeline. Using ICS security, companies can minimize the potential exposure to threats arising from internal resources by preventing access violations from unauthorized users. IT administrators can implement policies to determine, who can gain access to the applications and control systems equipment by centrally managing the user authentication and authorization.

The ICS system providers play a critical role in the ICS security landscape wherein they develop and commercialize advanced solutions as well as focus on developing robust cyber security solutions. These companies combine their long-standing expertise in the fields of industrial automation and process control to provide highly relevant security solutions and services to their customers. Some of these solutions include SCADA encryption, firewalls, identity & access management, virtualization security, endpoint protection, network security, secure media exchange, and managed ICS security services. As industrial organizations currently seek to leverage operational expenditure over capital expenditures, they want to reduce the concerns of acquiring, installing, and maintaining headwear or software systems on their premises. Security providers are focusing on offering flexible and scalable solutions in the form of a service to their customers. The benefits of Security-as-Service (SECaaS) model are constant virus updates and enhanced security expertise not available within an organization, outsourcing of administrative tasks such as log management, and faster user provisioning.

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North America held the majority share of the ICS security market in 2017 due to the extensive availability of legislative and regulatory policies and guidelines for securing ICS environments. Various government and industry organizations in the U.S. work toward strengthening the cybersecurity framework in industrial sectors by collaborating with industry experts to frame relevant security standards. This strong emphasis on the ICS security has primarily driven the North America ICS security market growth over the past decade.

LAMEA ICS security market is projected to register the fastest growth between 2018 and 2024 with a CAGR of around 30%. The key factors that are expected to facilitate this accelerated growth are increasing cyber attacks on oil & gas industries along with the other critical industrial sectors. Recent Triton malware attacks on industrial safety systems in the region in 2017 are examples of evolving cyber threats to the national critical infrastructure in the region.

Table of Content:

Chapter 1.   Methodology & Scope

1.1.  Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope

1.1.5. Definition

1.1.6. Methodology and forecast parameters

1.2.  Data Sources

1.2.1. Primary

1.2.2. Secondary

1.2.2.1.  Paid sources

1.2.2.2.  Public sources

Chapter 2.   Executive Summary

2.1.  ICS Security industry 360º synopsis, 2013 – 2024

2.1.1. egion trends

2.1.2. Security type trends

2.1.3. Component trends

2.1.4. Application trends

Chapter 3.   ICS Security Industry Insights

3.1.  Introduction

3.2.  Features/benefits of ICS security solutions

3.3.  Industry segmentation

3.4.  ICS security industry landscape

3.5.  Industry ecosystem analysis

3.6.  Top 10 threats and countermeasures for ICS security

3.6.1. Social engineering and phishing

3.6.2. Malware infection through internet and intranet

3.6.3. Human errors and sabotage

3.6.4. Infiltration of malware through removable media and external hardware

3.6.5. Technical malfunctions and unavoidable accidents

3.6.6. Control components connected to the internet

3.6.7. Compromising of cloud and extranet components

3.6.8. Intrusion through remote access

3.6.9. Compromising of smartphones in the production environment

3.6.10.  DDoS attacks

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Network Function Virtualization (NFV) Market: Analysis and In-depth Research on Industry Size, Trends, Emerging Growth Factors and Regional Forecasts to 2024

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The Network Function Virtualization (NFV) market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
Network Function Virtualization (NFV) market is projected to surpass USD 70 billion by 2024. NFV is the abstraction of network functions that allow them to be installed, controlled, and manipulated through the software running on standardized hardware nodes. It incorporates virtualization and cloud technologies to enable rapid development and deployment of new network services with elastic scale and automation. The technology brings increased agility in delivering network services through enhanced capital efficiency by enabling on-demand deployment of new services and removing bottlenecks introduced by manual processes. The increasing demand for automating the orchestration and management of computing resources, network, and storage devices are the key driving factors for the development of Software Defined Networking (SDN) and NFV technologies. A key value proposition of NFV is that its architecture supports cross-vendor interoperability and coordination while maintaining excellent compatibility with the existing network architecture.
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NFV uses traditional IT virtualization techniques on commodity hardware such as storage, computing, and networking. Thus, by consolidating network functions into industry high-volume servers and storage, enterprises can benefit from the cost as well as innovation dynamics of the traditional IT. Complex networking tasks that traditionally required custom hardware builds on specialized devices can be performed by using commercial off-the-shelf (COTS) IT infrastructure using virtualization technologies such as NFV and SDN. In enterprise IT environment, the server, storage infrastructure, and associated complexity issues cause most of the enterprises to spend over 70% of their resources and budget on maintenance & operations? while leaving less than 30% resources for innovation. Through infrastructure convergence using virtualization technologies, such as NFV, enterprise IT departments can shift their focus from maintenance & operations to innovation.

The NFV market is projected to register a CAGR of over 42% between 2018 and 2024. This robust growth can be attributed to the growing demand for server virtualization and data center consolidation. Data center consolidation involves reforming old data center facilities, architecture, network transformation, optimization, resource integration, and system migration to make them more energy-efficient, agile, reliable, and economical to offer sustainable development. As networks become more programmable, data center operations can be conducted in a more agile manner. As SDN and NFV are driving the convergence of data center and IT & telecommunications, they offer data center managers an improved scalability and flexibility to accommodate changing market demands.

Another important factor expected to drive the adoption of NFV solutions is the massive investment by telecom service providers for the commercialization of 5G. Some of the typical issues in complex carrier networks are a huge diversity in proprietary nodes & hardware appliances and the requirement of additional proprietary hardware for launching new services. NFV allows telecom carriers to use network resources without worrying about their physical location. With optimized network device utilization, carriers can use a single platform for different applications, users, and tenants. Also, by minimizing the typical network operator cycle of innovation, NFV reduces product?s time to market.

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North America is expected to hold a majority share of the NFV market in 2017 due to the availability of an extensive data center ecosystem in the region, widespread adoption of industrial IoT (IIoT) in different industry verticals, and a major presence of leading global cloud service providers in the U.S. The U.S. government is moving swiftly to lead the world in 5G, the next generation of wireless connectivity. The Federal Communications Commission (FCC) is emphasizing on making additional low, medium, and high-band spectrum available for 5G services. It also focuses on reducing regulatory barriers to encourage investments in 5G networks.

Asia Pacific NFV market is expected to register the fastest growth between 2018 and 2024 due to the increasing demand for cloud-based computing, storage, and networking solutions from the rapidly emerging technology companies in the region. With major investments in the NFV technology from telecom companies, such as ZTE and Huawei, in China, the innovation in NFV solutions and services is expected to accelerate rapidly over the forecast timeline. Under China?s ?Internet Plus? initiative to modernize and transform traditional industries to join the modern economy, the telecom service providers in the country are rapidly embracing NFV technology to benefit from its flexibility, speed, and cost-effectiveness.

Table of Content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 NFV Industry Insights
Chapter 4. Competitive Landscape, 2017
Chapter 5. NFV Market, By Component
Chapter 6. NFV market, By Application
Chapter 7. NFV Market, By Region
Chapter 8. Company Profiles

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Related Reports: –

Network Automation Market Growth Potential, Competitive Market Share & Forecast, 2018 – 2024

An increase in the demand for Network Function Virtualization (NFV) enables the organization to replace the legacy hardware appliances that increase the network uptime by around 40%. The adoption of NFV technologies brings flexibility to the networks, allowing an enterprise to reduce the additional costs incurred in procuring the newly introduced network devices. Several government initiatives for the commercialization of 5G technologies are anticipated to boost the market over the forecast timeline.

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Solid State Lighting Market Overview, Industry Top Manufactures, Size, Growth Analysis & Forecast: 2024

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The Solid State Lighting market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.

Solid State Lighting Market may exceed USD 85 billion by 2024; according to a new research report.

Rising R&D initiatives to improve solid state lighting (SSL) product efficiency and performance may stimulate product demand. Increasing government endorsement and funding along with focus on R&D may accelerate solid state lighting market demand. These products increase energy efficiency, reduce heat dissipation and reduce energy costs which may drive overall industry growth.

Researchers have been able to increase indium content in blue LEDS which enabled the generation of white light by using red, blue and green LEDs. Similarly, the use of halide perovskite nanoparticles was found to improve light generation efficiency which may accelerate growth of solid state lighting market.

High upfront costs of LED lamps owing to higher component costs and dependence on manual manufacturing techniques may hamper SSL market. Moreover, technological advancement in bulb manufacture has resulted in high-efficiency incandescent bulbs production which are much cheaper and offer better white-light emission which may drive solid state lighting market growth.

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North America led by U.S., Canada and Mexico LED market from mining applications surpassed USD 600 billion in 2017. The region is witnessing high disposable income and regulations on incandescent bulb use. LEDs offer high durability, safety, are explosion-proof, and high portability which may accelerate SSL market growth. These products comprise of floodlights, spotlights, mountable automotive lights, string lights, towers and light carts which increases their suitability for mining applications.

Europe solid state lighting market demand led by UK, Germany, France, Spain and Italy is predicted to register gains of about 12.5% by 2024. LEDs consist of various products for commercial lighting such as entry & exit signs, shop lights, and flat panels which increase energy efficiency, provide higher lumen output and lifespans exceeding 200,000 hours which is predicted to boost solid state lighting market growth.

Asia Pacific led by Japan, India, New Zealand and China LED market from automotive applications is poised to exceed USD 8.5 billion up to 2024. These products offer several advantages for automotive lighting such as vibration resistance, long life, moisture-proof encasing, compactness, and various color emissions. Rapid economic improvement, rising infrastructure, favorable government regulations and declining LED prices may stimulate solid state lighting market growth in the region.

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U.S. industrial OLED market demand may surpass USD 90 million in the predicted timeframe. These products find use in various industrial applications such as lighting, mobile phone & media-player displays, digital cameras, lighting panels and portable devices. Various product advantages such as flexibility, light weight, suitability for use in large display panels along with increasing government funding for promoting OLED research may boost SSL market growth.

Global solid state lighting market share is fragmented among several key players including Green Rock Lighting, EtiSSL, Cireon, Philips, OSRAM, and General Electric. Major manufacturers prefer to enter into collaborations to expand market share or develop new products and acquisitions to complement their product portfolio and maximize solid state lighting market.

Global Solid State Lighting Market, By Technology

Binary, Single Flash, Double Flash, Triple Flash, Dry, Back pressure

Table of Content:

Chapter 1    Methodology & Scope

1.1    Methodology

1.2    Market definitions

1.3    Market estimation & forecast parameters

1.4    Data Sources

1.4.1   Primary

1.4.2   Secondary

1.4.2.1   Paid Sources

1.4.2.2   Public Sources

Chapter 2    Executive Summary

2.1    Solid state lighting industry 360 degree synopsis, 2018 – 2024

2.1.1   Business trends

2.1.2   Regional trends

2.1.3   Technology trends

Chapter 3    Solid State Lighting Industry Insights

3.1    Industry segmentation

3.2    Industry size and forecast, 2013 – 2024

3.3    Industry ecosystem analysis

3.3.1   Vendor matrix

3.3.2   Distribution channel analysis

3.3.2.1   Collaborations/Partnerships

3.3.2.2   Acquisitions

3.3.2.3   E-commerce (Online)

3.3.2.4   Distributors

3.4    Regulatory Landscape

3.4.1   U.S.

3.4.2   Europe

3.4.3   China

3.5    Materials for solid state lighting

3.5.1   Inorganic materials

3.5.2   Organic materials

3.5.3   Hybrid materials

3.6    Cost structure analysis

3.6.1   Operating cost estimation

3.6.2   Capital cost estimation

3.6.3   Ownership cost of light

3.7    Pricing analysis

3.7.1   LED

3.7.2   OLED

3.8    Industry impact forces

3.8.1   Growth drivers

3.8.1.1   North America

3.8.1.1.1   Importance of LED technology in horticulture application

3.8.1.2   Increasing R&D and government spending

3.8.1.3   Europe

3.8.1.3.1   Increasing usage in automotive lighting sector

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Global Network Automation Market – Industry Analysis, Size, Share, Growth, Forecast 2024

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MarketStudyReport.com offers 2018 report on global Network Automation market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

Network Automation Market will surpass USD 100 billion by 2024; according to a new research report.

The Network Automation is selected according to the nature of mixture. Separation is chiefly based on the size of particles carried by the fluid. Few other considerations for separation includes density, particle, viscosity, flow rate and concentration. Product separation is crucial step in chemical production, it involves separation of impurities from chemical compounds or separating various chemical compounds from each other.

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Industrial processing segment is likely to generate higher demand for Network Automation for the significant profitability from past few years. According to ICCA (The International Council of Chemical Associations) in 2012 the global chemical industry turnover was over USD 3492.90 billion. Further according to a report by government of India, the chemical export from India had increased from 9.3% in 2003-2008 to 10.6% in 2015-16. Such trend reflects strong growth aspects for Network Automation particularly in industrial processing. Moreover, chemical manufacturing companies use separation equipment to treat wastewater and optimize energy usage thus encouraging to focus on sustainable development. Few chemical companies are largely investing in innovative solutions which is positively influencing the market. For instance, Kanoria Chemicals & Industries Limited (KCI) established waste to wealth program at its plant located in India with the objective to recover chemically effluent water.

Oil & gas industry plays vital role in the global energy system. Over 31% of primary energy used worldwide is met by oil-based fuels. Thus, oil & gas industry will have demand for separation equipment to separate, remove, or transform these various components such as salt; gases and solids to produce hydrocarbons for fuels. Rising demand for oil-based fuel will propel Network Automation market over the forecast period.

Industrial centrifugal products are on high demand owing to increase in industrialization in Asia Pacific region. For instance, Indian government had initiated ?Make In India? program for industrial development, the program had attracted foreign direct investment of over USD 70 billion by the end of 2017. Similarly, government of China had revised their foreign investment cataloged, which has increased their foreign direct investment in industrial sector stimulating economic growth. Thus, industrial revolution in Asia Pacific will drive separation equipment demand.

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In 2017, North America held maximum market share in global Network Automation market, the region has been witnessing tremendous growth over the years owing to high demand for hydrocarbons. Further, Asia Pacific is likely to propel with a CAGR of 4.5% owing to industrial revolution and social economic factors.

The leading global companies of separation equipment market include ANDRITZ, Russell Finex, SWECO, GEA Group, Alfa Laval Corporate, etc. There are several other small and medium scale companies operating the market which hold significant market share of global Network Automation market.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Network Automation Market Industry Insights

Chapter 4. Network Automation Market, Product By Application

Chapter 5. Network Automation Market, By Application

Chapter 6. Network Automation Market, By Region

Chapter 7.   Company Profiles

 

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