Solid State Transformer Market Size & Analysis – Forecasts To 2025

Solid State Transformer Market Insights

The global solid state transformer market is expected to grow at a CAGR of more than 20% over the forecast period. The market is expected to be influenced by increasing demand for solid state transformers to fulfill power requirements in various sectors. Along with this, increasing sale of electric vehicles coupled with rising inclination towards implementation of SST is also likely to stimulate the market growth.

Along with efficient power supply, growing need for low-cost electricity by countries such as U.S., China and South Korea among others is projected to encourage power companies to develop the product over the coming years. The increasing advancements in smart grid solutions are also expected to foster the market demand over the coming years. However, high cost associated with installation of these transformers is anticipated to affect the profitability of market.

Solid State Transformer Market: Product Insights

On the basis of product, the industry is segmented into power solid state transformer, distribution solid state transformer, and traction solid state transformer. The market for power SST is expected to occupy the highest share owing to factors such as cost efficiency and bi-directional supply. Along with this, rising application of the product in regions such as Latin America and Asia Pacific among others is likely to boost the overall market growth.

The traction SST is projected to grow significantly over the forecast period. This can be attributed to increasing application in railway infrastructure. Moreover, factors such as light-weightiness and compact design are also anticipated to favor the market.

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Solid State Transformer Market: Component Insights

By form, the industry is segmented into converter, switches, and high-frequency transformers among others. The switches’ segment is further segregated into SIC power mosfets, power diodes, insulated-gate bipolar transistors (IGBTS) and SIC power thyristors among others. The converter segment is anticipated to grow at a significant rate over the forecast period on account of increasing application in manufacturing of SST’s.

The High-frequency transformer segment is also projected to occupy a substantial share of the market in the foreseeable future.

Solid State Transformer Market: Application Insights

Solid State Transformer finds its application in traction locomotive, alternative power generation, power distribution grid, and electric vehicle charging stations among others. The power distribution grid is anticipated to hold a considerable market share over the forecast period. This can be associated with increasing adoption of SSTs over conventional transformers as the former is more efficient in power distribution.

Solid State Transformer Market: Regional Insights

Europe occupied the largest share of the market in 2016. This can be attributed to presence of key manufactures coupled with growing adoption of SSTs in this region. Along with this, increasing government support through investment in smart grid is likely to favor the sector.

The market in Asia Pacific is anticipated to witness an accelerated growth over the forecast period owing to developing transport infrastructure. Demand is expected to arise from countries such as China and India among others.

Solid State Transformer Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Solid State Transformer Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase solid state transformer over the coming years. Some of the leading consumers of this market are National Grid, NextEra, and Enel among others.

Solid State Transformer Market: Market Share & Competitor Analysis

The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Mitsubishi Electric Corporation, General Electric Co., Alstom SA, ABB Ltd., Schneider Electric Se, Seimens AG, Cooper Power Systems, Varentec, Inc., Amantys Limited, and Gridbridge, Inc.

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Physical Security Market Size & Analysis – Forecasts To 2025

Physical Security Market Insights

The global physical security market is expected to grow at a significant CAGR of more than 10% over the forecast period. This growth is mainly attributed to growing demand for physical security to reduce risks associated with terror attacks, burglaries, and fire. The rising adoption of Internet of Things (IoT) and other cloud based data storages is also likely to stimulate the market for physical security.

The increasing adoption of logical security over conventional methods such as badge readers, alarm systems and door lock among others is expected to augment market growth over the coming years. However, challenges associated with integration of logical and physical components of security are projected to affect profitability.

Physical Security Market: Type Insights

On the basis of type, the industry is segmented into system and service. The system segment is further segregated into access control, locks, video surveillance, physical security information management, perimeter intrusion detection & prevention, security scanning, imaging & metal detection, and fire & life safety. The service segment is segregated into system integration, maintenance & support and designing & consulting.

The market for system integration service is expected to occupy the highest share owing to growing adoption of security strategies by organisations globally. Moreover, increasing application of cloud based solutions and other technologies for data security is likely to boost market growth.

The video surveillance segment under services is projected to grow at a significant CAGR over the coming years owing to rising safety concerns coupled with increasing spending on counter terrorism initiative. Increasing application of video surveillance in the institutional and commercial sectors is expected to reduce the incidence of criminal activities.

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Physical Security Market: Vertical Insights

On the basis of vertical, the market is segmented into government, defence & public sector, transportation & logistics, telecom & IT, banking, financial services and insurance (BFSI), education, retail, oil, gas & energy, and hospitality & residential among others. The residential segment is anticipated to record the highest growth over the forecast period owing toincreasing incidences of theft, fire, and other attacks coupled with advancement in technology such as video surveillance, rapid intrusion system and smart access control among others.

The retail segment is projected to grow significantly over the years on account of rising adoption of physical security solutions to prevent theft and harassment cases. The transportation segment is also anticipated to grow at a significant CAGR owing to increasing adoption of physical security solutions such as video surveillance in order to monitor traffic conditions and avoid accidents.

Physical Security Market: Regional Insights

North America occupied the largest share of this market since the past few years. This can be attributed to stringent government regulations towards safety and security. Moreover, growing adoption of physical security to reduce the risks associated with terrorist and criminal activities is likely to favor the market.

Asia Pacific is also expected to emerge as a key revenue generating region. This can be associated with increasing government support and investment in physical security measures. Demand is expected to rise from countries such as India, Australia, Japan and China.

Physical Security Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Physical Security Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase physical security over the coming years. Some leading consumers of this market are Costco Wholesale Corporation, Tesco PLC, Carrefour SA, Berkshire Hathaway, and Allianz.

Physical Security Market Share & Competitor Analysis

Key players include Bosch Security Systems Inc., Tyco International PLC, ADT Corporation, Anixter International Inc., Cisco Systems, Inc., Genetec Inc., Honeywell International, Inc, Senstar, and Pelco.

In January 2018, Cisco, the American multinational technology conglomerate announced acquiring Skyport, a privately-held server security startup. Through this acquisition Cisco will have access to seasoned software, intellectual property, and network expertise of Skyport so that it can accelerate priority areas across multiple portfolios.

In January 2018, Hikvision USA, Inc., the world's largest manufacturer of video surveillance products & solutions, and Eagle Eye Networks, a leading global provider of cloud-based video surveillance solutions announced a video surveillance solution: SB-507. The product combines Eagle Eye's Cloud Security Camera VMS and Hikvision IP cameras. The product also has a cyber-secure video highly resistant to being hacked, the video surveillance has restricted user permissions on a camera-by-camera basis.

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Phosphate Fertilizer Market Size & Analysis – Forecasts To 2025

Phosphate Fertilizer Market Insights

The global phosphate fertilizer market is expected to grow at a significant CAGR over the forecast period. The market is expected to be influenced by growing demand for diversified food. Along with this, rising global population has led to an increase in the consumption of grains & cereals thereby stimulating the demand for phosphate fertilizers. However, stringent government regulations associated with limited use of fertilizers on land coupled with adverse environmental impacts of phosphate fertilizers are anticipated to limit the market growth over the forecast period.

Phosphate Fertilizer Market: Product Insights

On the basis of source, the industry is segmented into monoammonium phosphate, diammonium phosphate, and superphosphate among others. The market for diammonium phosphate is expected to occupy the highest share as it is a cost effective source of phosphorus & nitrogen. Moreover, growing use of the phosphate fertilizers in crops such as dairy pastures, sugarcane and horticultural crops is likely to boost the market.

The market for monoammonium phosphate is projected to grow at a high rate as it is water soluble and also possess a rich source of nitrogen & phosphate. Along with this, rising application of the product as a foliar fertilizer is projected to augment market growth.

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Phosphate Fertilizer Market: Application Insights

Phosphate fertilizers find its application in cereals & grains, oilseeds and fruits & vegetables among others. The cereals & grains segment is anticipated to dominate the overall market owing to increasing demand for food grains globally. The growing global population is expected to lead to an increase in food demand which will further stimulate growth in phosphate fertilizers market.

The fruits & vegetables segment is also projected to grow significantly owing to rising use of phosphate fertilizers in root development, stem formation and fruiting. The increasing demand for fertilizer by farmers to improve absorption capacity of plants is also likely to boost the segment growth.

Phosphate Fertilizer Market: Regional Insights

Asia Pacific accounted for largest share of the market in 2016. This can be attributed to rise in population coupled with growing demand for diversified food in this region. Demand is expected to arise from countries such as India, Vietnam and Indonesia.

The market in Central and South America also recorded a considerable market share in 2016. Growing population and healthy dietary patterns especially from countries such as Columbia and Chile is anticipated to propel the demand in this region.

Phosphate Fertilizer Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Phosphate Fertilizer Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase phosphate fertilizers over the coming years. Some leading consumers of this market are Stemilt Growers, Archer Daniels Midland, and MFA Incorporated.

Phosphate Fertilizer Market: Market Share & Competitor Analysis

Some of the key players operating in the market include Eurochem Group AG, Agrium Inc, Potash Corp, Yara International ASA, CF Industries Holdings Inc., Israel Chemicals Ltd., The Mosaic Co., S.A OCP, and PJSC PhosAgro.

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Vitamin & Mineral Premixes Market Size & Analysis – Forecasts To 2025

Vitamin & Mineral Premixes Market Insights

The global vitamin & mineral premixes market is expected to grow at a CAGR of more than 5% over the forecast period. This growth is mainly attributed to rising application in animal feed, healthcare, and food & beverages sectors to improve the nutritional value. The increasing demand for food & beverages containing high nutritional values coupled with adoption of healthier lifestyle globally is expected to augment market growth over the coming years. However, high cost associated with fortified food along with stringent government regulation for feed fortification is anticipated to affect the profitability of the market.

Vitamin & Mineral Premixes Market: Type Insights

On the basis of type, the industry is segmented into vitamins, minerals, vitamin & mineral combinations. The market for vitamin & mineral combinations is projected to occupy the highest share owing to factors such as cost-efficiency and presence of multiple nutrients among others. Moreover, growing incidence of diseases such as anaemia and other mineral deficiency diseases are also likely to boost the market.

The vitamin premixes segment is also projected to grow significantly over the years on account of growing demand by food and feed manufacturers.

Vitamin & Mineral Premixes Market: Functionality Insights

By functionality, the industry is segmented into Bone Health, Skin Health, Energy, Immunity and Digestion among others. The immunity segment is anticipated to witness a significant growth rate over the forecast period on account of rising application of the product for feeding livestock. The premixes are manufactured in order to meet the nutritional needs of different livestock species at different phases of production. All premixes contain primary minerals, such as calcium, phosphorous, magnesium and sulphur along with vitamins A, D, E, and B which are necessary for improving the health of livestock.

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Vitamin & Mineral Premixes Market: Form/ Brand Insights

On the basis of type, the industry is segmented into powder and liquid. The market for powder is projected to grow at a healthy CAGR owing to factors such as convenience in packaging and stable nature among others.

The market is segmented into Nutrivan, Sternvit, Fortitech, Superblend, Vitaboost10, Anavite, Quali, and Vitamix, on the basis of brand.

Vitamin & Mineral Premixes Market: Application Insights

Vitamin & Mineral Premixes has application in food & beverages, feed, healthcare and personal care sectors. While the food & beverage segment is further divided into bakery products, beverages, dairy products, and cereals among others, the healthcare segment is sub divided into nutritional and dietary supplement. The feed segment is anticipated to dominate the market over the forecast period owing to growing adoption of the product as animal feed due to presence of various nutrients. Healthcare segment is expected to grow significantly over the years owing to rising inclination towards nutritional food globally.

Vitamin & Mineral Premixes Market: Regional Insights

Asia Pacific occupied the largest share of this market since the past few years. This can be attributed to rising disposable income coupled with growing adoption of a healthier lifestyle by consumers. Moreover, increasing demand for infant formula products and dietary supplements & products is anticipated to foster demand over the coming years. Demand is expected to rise from countries such as China, India, Singapore and Thailand.

Vitamin & Mineral Premixes Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Vitamin & Mineral Premixes Market: Market Share & Competitor Analysis

The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include DSM, Farbest-Tallman Foods Corporation, Corbion, Glanbia, Watson, SternVitamin, Zagro Asia, Nutreco, Burkmann Industries, The Wright Group, Bar-Magen, and Vitablend Nederland.

In September 2017, DSM, the global nutritional ingredients player acquired Twilmij, a Dutch premix company. The acquisition is expected to strengthen DSM’s position in animal nutrition and health especially in Northwest European markets.

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Nerve Monitoring System Market Size & Analysis – Forecasts To 2025

Nerve Monitoring System Market Insights

The global nerve monitoring system market is expected to grow at a CAGR of about 4% over the forecast period. This growth is mainly attributed to rising patient population. Along with this, growing use of nerve monitoring systems especially in trauma cases coupled with its clinical benefits is also likely to stimulate the market.

Moreover increasing government support along with growing awareness towards neurodegenerative disorders is expected to augment market growth over the coming years. However, unfavorable reimbursement policies along with lack of skilled personnel are anticipated to affect the profitability of the market.

Nerve Monitoring System Market: Product Insights

On the basis of product, the industry is segmented into nerve monitor, nerve stimulation electrode & probe, and accessories. The market for nerve stimulation electrode & probe is expected to occupy the highest share owing to growing awareness about benefits of nerve monitoring system. Along with this, rising incidence of spinal cord injuries coupled with other complex surgeries is also likely to boost the market.

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Nerve Monitoring System Market: Technology Insights

By technology, the industry is segmented into electromyography, evoked potential, electroencephalography, and electrocorticography. The electromyography segment is anticipated to grow at a significant rate over the forecast period as it helps in tracking, recording and analyzing electrical activities of skeletal muscles. Moreover, benefits associated with electrocorticography such as better accuracy in magnetic imaging than MRI is likely to foster market growth.

The electroencephalography segment is also projected to grow significantly over the years owing to factors such as high accuracy and rising clinical application in neurological diseases.

Nerve Monitoring System Market: Vertical Insights

On the basis of vertical, the market is segmented into hospitals & surgical centers and ambulatory surgical centers. Out of these, hospitals & surgical centers segment is anticipated to record the highest growth over the forecast period on account of increasing number of surgeries and diagnostic procedures. Along with this, growing number of hospitals & surgical centers in Asia Pacific and Europe is projected to favor the sector.

Nerve Monitoring System Market: Application Insights

Nerve monitoring system finds its application in neurosurgery, ENT surgery, spine surgery and cardiovascular surgery among others. The ENT surgery segment is anticipated to dominate the market over the forecast period owing to increasing number of ENT surgeries globally and rising clinical data application of nerve monitoring procedure for thyroid surgeries.

Nerve Monitoring System Market: Regional Insights

North America occupied the largest share of this market in 2016. The regional growth is attributed to growing number of clinical trials which has led to the increased demand of nerve monitoring system.

Asia Pacific is also expected to emerge as a key revenue generating region. This can be associated with growing healthcare industry and increasing disposable income across the region.

Nerve Monitoring System Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Nerve Monitoring System Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase nerve monitoring system over the coming years. Some leading consumers of this market are UnitedHealth Group, Medtronic, Thermo Fisher Scientific and Cigna.

Nerve Monitoring System Market: Market Share & Competitor Analysis

The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Checkpoint Surgical, NuVasive, Nihon Kohden, Natus Medical, Magstim, Erbe Elektromedizin, Dr. Langer Medical, Halyard Health, EMS Handels, Bovie Medical, Neurovision Medical, and Inomed.

In September 2017, Natus Medical Incorporated entered into an agreement with Integra LifeSciences Holdings Corporation to expand its product line.

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Power Management System Market Size & Analysis – Forecasts To 2025

Power Management System Market Insights

The global power management system market is expected to grow at a CAGR of more than 6% over the forecast period. This growth is mainly attributed to increasing adoption of Internet of Things (IoT) and other cloud-based platforms. Along with this, rising demand for energy efficiency in manufacturing sectors coupled with increasing installation of renewables in various sectors is likely to stimulate market growth.

Factors such as low production cost and its wide application across businesses and residencies are likely to fuel the market growth over the forecast period. However, rising risk of data security such as cyber-attacks and viruses are projected to affect the profitability of market.

Power Management System Market: Type Insights

On the basis of source, the industry is segmented into hardware, software and services. The market for software is anticipated to occupy the highest share owing to increasing technological innovations such as upgradation of existing software. Moreover, rising adoption of cloud-based platforms coupled with growing trend of IoT is likely to boost the market.

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Power Management System Market: Module Insights

By form, the industry is segmented into power monitoring & control, load shedding & management, power simulator, energy cost accounting, switching & safety management, generator controls and data historian among others. The power monitoring & control segment is anticipated to register a significant growth rate over the forecast period on account of growing manufacturing sector and rising government investment in developed economies. Along with this, rising oil & gas sector in advanced economies is also projected to foster demand for the product.

Power Management System Market: Application Insights

Power Management System finds its application in oil & gas, marine, chemicals & pharmaceuticals, paper & pulp, utilities, metals & mining, and data canters among others. The marine segment is anticipated to dominate the market over the forecast period owing to rising application of power management system in marine vessels. Moreover, factors such as fuel optimization and automatic load shedding among others are also expected to favour the sector.

Power Management System Market: Regional Insights

Asia Pacific occupied the largest share of this market since the past few years. This can be attributed to growing manufacturing sector in this region. Along with this, rising ship-building sector is also expected to stimulate market growth.

Power Management System Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Power Management System Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase power management system over the coming years. Some leading consumers of this market are Sinopec, Saudi Aramco and Exxon Mobil.

Power Management System Market: Market Share & Competitor Analysis

The key players profiled in the power management system include ABB, Siemens, Eaton, GE, ETAP, Wartsila, Mitsubishi, Schneider Electric, Rockwell Automation, Honeywell, Yokogawa, Larsen & Toubro, and Cpower.

In January 2018, Cyber Power Systems (USA), Inc., launched an uninterruptible power supply (UPS) system. The system is designed to protect building and industrial controls and devices from surges, power failure, over-voltages and interruptions.

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