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Sunday, 8 March 2015

Global Reinforced Plastics Market is Expected to Reach USD 15.82 Billion in 2019

Global energy demand is expected to rise by as much as 50% over the next 25 years. This combined with depletion of existing fossil fuel reserves will mean extensive exploration and production activities by the offshore oil and gas industry in the years to come. 75 percent of this increased requirement is expected to come from the developing world. Security provides industries the freedom to find, develop and manage assets and to deliver services and supplies without interference. Being secure is a result of having the correct strategy through innovative technology, supported by rigorous systems management. Even a simple standalone offshore well site’s risk assessment must consider type of fluids produced, well pressure, directional configuration, measured depth and vertical depth, water access, location, sub-surface safety valve, well maturity and reserves, damage containment, and possible collateral damage. The oil and gas infrastructure security market will experience steady growth over the next lustrum. The unconventional oil and gas boom, the expansion of the LNG infrastructure supply chain, continued offshore developments and the emergence of the digital oilfield are all prime factors for new security solution spending.
There are myriad factors affecting the security environment in which oil and gas assets are developed and transited. Current oil and gas infrastructure, future expansion plans, the present and evolving security situation and the perception of those responsible for infrastructure security all shape current and future spending. Threat perception is particularly important for the IT asset security market; this is because many small and medium cap oil and gas enterprises (SMEs) continue to be unaware of the vulnerabilities inherent in the automation and control systems they are beginning to use on a daily basis. Instability in some market spaces is currently on the increase - Nigeria, Libya, Iraq, Yemen - to name but a few examples, and this is increasing the security spending on onshore infrastructure security personnel. The involvement of homeland security or military assets in the protection of oil and gas assets further drives up spending. On the other hand, establishing and maintaining such security measures require constant diligence as well as time, effort and investment which can be cumbersome and can divert the market from its core competencies, which is provision of products and services. However, since these measures are imperative in such volatile times, no leniency can be shown, which acts as a positive catalyst for the market.
The oil and gas infrastructure security market can be segmented based on the solution provided viz. asset protection; and by services: consulting, system design and integration, risk and threat assessment, managed security services, and training and education. End users in this industry are corporations and Small and Medium Enterprises (SME) mainly based in industries such as aerospace and defense, BFSI, education, energy and utilities, government, telecommunication and logistics.
Geographically, the demand market for petroleum infrastructure security solutions is concentrated in areas that account for the most production and supply of products and services as well as the level of threat experienced. Major demand is being seen from the Middle Eastern and African oil producing countries along with many others, such as Malaysia, China and Australia in the Asia Pacific region. Increase in cyber systems integration is also being seen in the Gulf of Mexico and West Africa. European regions have tightened security mostly at their North Sea pipelines as well as drilling positions. The demand from U.S. and Canada has experienced a steady rise owing to their extensive civil and defense installations offshore, mostly oil wells and telecommunication equipment.
Some of the key market players involved in the provision of cyber security systems are Aegis Defense Services Limited, Airbus Defense and Space, G4S plc, Booz Allen Hamilton Inc., Lockheed Martin Corporation and Thales Group.




Where Oil and Gas Infrastructure Security Market is Headed in the Next Six Years

Global energy demand is expected to rise by as much as 50% over the next 25 years. This combined with depletion of existing fossil fuel reserves will mean extensive exploration and production activities by the offshore oil and gas industry in the years to come. 75 percent of this increased requirement is expected to come from the developing world. Security provides industries the freedom to find, develop and manage assets and to deliver services and supplies without interference. Being secure is a result of having the correct strategy through innovative technology, supported by rigorous systems management. Even a simple standalone offshore well site’s risk assessment must consider type of fluids produced, well pressure, directional configuration, measured depth and vertical depth, water access, location, sub-surface safety valve, well maturity and reserves, damage containment, and possible collateral damage. The oil and gas infrastructure security market will experience steady growth over the next lustrum. The unconventional oil and gas boom, the expansion of the LNG infrastructure supply chain, continued offshore developments and the emergence of the digital oilfield are all prime factors for new security solution spending.
There are myriad factors affecting the security environment in which oil and gas assets are developed and transited. Current oil and gas infrastructure, future expansion plans, the present and evolving security situation and the perception of those responsible for infrastructure security all shape current and future spending. Threat perception is particularly important for the IT asset security market; this is because many small and medium cap oil and gas enterprises (SMEs) continue to be unaware of the vulnerabilities inherent in the automation and control systems they are beginning to use on a daily basis. Instability in some market spaces is currently on the increase - Nigeria, Libya, Iraq, Yemen - to name but a few examples, and this is increasing the security spending on onshore infrastructure security personnel. The involvement of homeland security or military assets in the protection of oil and gas assets further drives up spending. On the other hand, establishing and maintaining such security measures require constant diligence as well as time, effort and investment which can be cumbersome and can divert the market from its core competencies, which is provision of products and services. However, since these measures are imperative in such volatile times, no leniency can be shown, which acts as a positive catalyst for the market.
The oil and gas infrastructure security market can be segmented based on the solution provided viz. asset protection; and by services: consulting, system design and integration, risk and threat assessment, managed security services, and training and education. End users in this industry are corporations and Small and Medium Enterprises (SME) mainly based in industries such as aerospace and defense, BFSI, education, energy and utilities, government, telecommunication and logistics.
Geographically, the demand market for petroleum infrastructure security solutions is concentrated in areas that account for the most production and supply of products and services as well as the level of threat experienced. Major demand is being seen from the Middle Eastern and African oil producing countries along with many others, such as Malaysia, China and Australia in the Asia Pacific region. Increase in cyber systems integration is also being seen in the Gulf of Mexico and West Africa. European regions have tightened security mostly at their North Sea pipelines as well as drilling positions. The demand from U.S. and Canada has experienced a steady rise owing to their extensive civil and defense installations offshore, mostly oil wells and telecommunication equipment.
Some of the key market players involved in the provision of cyber security systems are Aegis Defense Services Limited, Airbus Defense and Space, G4S plc, Booz Allen Hamilton Inc., Lockheed Martin Corporation and Thales Group.

Rise in Growth of Nuclear Power Plant Equipments...

A rising demand for energy coupled with an increasing drive for switching over to cleaner methods of power generation is likely to bolster the market for nuclear power plant equipments in the future. With the onset of the nuclear renaissance, there is likely to be significant new capacity addition of nuclear power generation capacity globally. There are nearly 20 countries in the world utilizing nuclear power, with about 10 countries aggressively pursuing nuclear generation as an integral part of their generation mix. After the Fukishima disaster in Japan, the global nuclear power plant equipments market is likely to face uncertainty in terms of demand from certain nations. On one hand, the disaster in Japan might trigger negative sentiments regarding use of nuclear energy leading to slowdown in adoption and commissioning of plants.
However on the other hand, the event might also trigger decommissioning of old plants and subsequent installation of new nuclear power plants with better technologies and multiple redundant safety backups. In the event of new capacity being added to replace older plants, there is likely to be a higher demand for nuclear power plant equipments. Overall, nuclear power plants are fully capable of providing very high load and availability factors giving steady base load generation. With very low emissions and generating costs at par with coal fired plants, nuclear energy is likely to be adopted with much gusto in the future. One of the major equipments for nuclear power plants is the reactors. There are various types of reactors currently in operation with the two most common ones being boiling water reactors (BWR) and pressurized water reactors (PWR).
Apart from these, other forms of reactors such as CANDU reactors are also being deployed. One of the most important parts of a nuclear power plant is the fuel assemblies. Nuclear fuel comprises of fuel rods which are arranged together in the form of fuel assemblies, and contains fissile elements capable of sustaining a nuclear fission reaction. Some of the nuclear fuels being used today around the world include Uranium-235 and Plutonium -239. Very large fuel assemblies are required to power large nuclear reactors. A pressurized water reactor (PWR) might require 13 feet high individual fuel assemblies with nearly 264 fuel rods present within.
Other equipments required include the internal piping mechanisms and enclosures. Owing to the radiation risk, nuclear reactors need to be adequately shielded using lead, steel and concrete. Turbines are also a vital part of any nuclear power plant. Since nuclear power plants generally require economies of scale to generate power at economical and cost competitive rates, large turbines are likely to be in demand in the future. Other vital components of a nuclear power plant include heat exchanger systems, which are mostly installed in a closed loop form. Owing to the radiation risk, there are generally three kinds of heat transfer fluids circulating inside the plant, which generally require advanced heat exchanging systems. Other important equipments include the control rod assembly which is essential to control the rate of nuclear fission. Without the control rods there is a risk of an uncontrolled chain reaction ultimately resulting in an explosion. Overall the nuclear power plant equipments market is likely to be the most attractive in the Asia-Pacific and Europe.
Some of the major players in the nuclear power plant equipments market include Dongfang Electric Corporation Ltd, Larsen & Toubro Ltd, Alstom SA and Mitsubishi Heavy Industries Ltd among others.

Sunday, 1 March 2015

Report on Natural Gas Market - Global Forecast and Industry Outlook, 2014 – 2020

From deep wells in the earth’s surface, companies extract hydrocarbons comprising predominantly of methane mixtures, which is then processed and refined into pure methane and transported as pipeline quality gas to be distributed in households, commercial establishments, and industry as a fuel. These reserves come from reservoirs comprising crude oils, water carbon dioxide and other non-commercial substances. Pure methane is extracted from the materials and is transferred through local and long-distance pipelines for delivery to various customers.


Natural gas marketing can be defined as selling of natural gas. In simple terms, it is referred as the process of coordinating at numerous levels, the business of extracting natural gas from the wellhead to the end users. The role of marketers is very crucial and is not confined at a single place in the entire natural gas chain. Marketers can be affiliates of production companies and local utility players in the natural gas industry. It is the duty of natural gas marketers to ensure that an unbiased market prevails for natural gas. Marketing of natural gas comprises of all the intermediate steps that a particular purchase requires comprising accounting, transportation arrangement, storage and sale of natural gas.

Natural gas prices are set through market forces, the buying and selling of the commodity by market players is based on the demand and supply that helps in determining the average price of natural gas. There are two separate markets for natural gas, the spot market and the future market. Spot market is the daily market, where natural gas is traded and is bought and sold. To know the exact price of natural gas on a particular day the spot market price is the most informative. The future market comprises of trading of natural gas under contract of atleast one month and can go up to 36 months.

Natural gas futures are traded on the New York Mercantile Exchange. Futures contracts are one of an increasing number of derivative contracts used in commodities markets and can be quite complex and difficult to understand.

Natural gas is traded and priced at various locations throughout the country. These locations are called as market hubs and exist across the country. There are more than 20 major market hubs present in the U.S., the major one is called as the Henry Hub, in Louisiana. The futures contracts are traded on the NYMEX are Henry Hub contracts.

Primarily types of natural gas trading exist: financial trading and physical trading. Physical trading is the basic type, which includes buying and selling of the physical commodity. Financial trading includes derivatives and sophisticated financial instruments in which no one ie the buyer and seller never takes the delivery of the commodity.

Emerging economies, increasing investments and growing populations are some of the key drivers of the natural gas market. However, ongoing geopolitical activities in various countries can hamper the growth of natural gas market. Ample opportunities are there for natural gas market as demand for energy in increasing at a healthy rate in Asia Pacific countries especially in India and China.

Some of the key companies in the business of natural gas are Piedmont Natural Gas, Gas South, LLC., CenterPoint Energy, Georgia Natural Gas, Oklahoma Natural Gas, Atmos Energy Corporation and GAIL(India) Ltd. among others.

The Unconventional Guide Wind Turbine Rotor Blade Market

In the present scenario, minimum dependency on fossil fuels is the prime objective for the entire world, since these energy sources are limited and are declining at a rapid rate. This has diverted the focus of various countries on a reliable energy supply. To achieve the set objective, the renewable energy production throughout the world must be drastically increased. Thus wind energy is prominent and best solution for the production of energy across the globe. The wind energy is produced with the help of wind turbines. Wind speed is considered to increase with the help of the continuity principle. This can be attained by the installation and expansion of many on-shore and off-shore wind parks built with the help of wind turbines.


Wind turbines come in various configurations and sizes, and are built from wide range of materials. In other terms, a wind turbine comprises of a rotor that has wing shaped blades linked to a hub, a nacelle that contains a drive train comprising of a connecting shafts, gearbox, generator, support bearings, tower and various electrical equipments. The turbine blades play a crucial role in the wind turbines. Blades are needed to protect an optimum cross section for aerodynamic efficiency to produce the maximum torque to propel the generators. The efficiency of the wind turbine is directly dependent on the material of the blade, angle and shape of the blade. Hence, the material of the turbine blade is very important in wind turbines. Blade material possesses high stiffness, long fatigue life features and low density.

Wing shaped blades on the rotor harvest the energy in the wind stream. The rotor transforms the kinetic energy of the wind to rotational energy transmitted with the help of drive train to the generator. Generated electricity can be directly connected from the feed to the utility grid. The cost and weight of the turbine are some of the key points for making wind energy competitive with various other power sources. The real opportunity today is through better and low cost materials, while ensuring that reliability is maintained.

Components of the turbines are changing drastically as technology continuously improves and evolves. There is a direct trend towards light weight systems. Low cost materials and light weight are key important factors of blades and towers. Firstly, the weight of the rotor and blades is multiplied to get the exact weight.

Blades are generally made of GRP, which is expected to continue in the future as well, while use of CFRP may help to cut down weight and cost up to some extent. Reliability and low cost are some of the primary drivers for the material selection. Increasing in offshore applications may offset this trend in favor of the use of composites.

Growing population and emerging economies are some of the key drivers of the wind turbine rotor blade market. However, high cost required for the maintenance of the wind turbine rotor blade can hamper the growth of the market. Huge opportunities are there for wind turbine rotor blade market as demand for electricity is increasing at a healthy rate in Asia Pacific countries especially in India and China.

Some of the key companies in the business of wind turbine rotor blades are Kemrock Industries And Exports Limited, TANG ENERGY, SGS SA, Moog Inc., LM Wind Power Group, Blade Dynamics, Siemens AG among others.

Thursday, 26 February 2015

Fluoroscopy and Mobile C-arms Market to Show Poor Growth Despite Interventional Radiology Boosts

Transparency Market Research has released a new market study titled "Fluoroscopy and Mobile C-arms Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" The global fluoroscopy and mobile C-arms market had reached a value of US$1.69 billion in 2012 and is estimated to be worth US$2.08 billion in 2019, expanding at 3% CAGR from 2013 to 2019.
Fluoroscopy and mobile C-arms devices are used to analyze parts of the body and work in a fashion similar to X-rays. The only difference is that fluoroscopy and mobile C-arms devices provide live images of the anatomy, making it more useful during surgical procedures. These equipment are mainly utilized in orthopedic operations such as arthrography and barium X-rays, in minimally invasive imaging during lumbar puncture, cardiac catheterization, and biopsies, and for the placement of intravenous catheters into veins and arteries.
The fluoroscopy and mobile C-arms market is likely to register rapid growth due to rising demand for interventional radiology operations. In addition to this, growing number of orthopedic surgeries owing to sport injuries and geriatric population, developments in technology, and increase in number of hospitals are some other factors that are adding up towards the development of the global fluoroscopy and mobile C-arms market.
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The market for fluoroscopy and mobile C-arms devices worldwide is evaluated on the basis of product type and region.
Based on types, in 2012, fluoroscopy devices accounted for the largest share of the fluoroscopy and mobile C-arms devices industry in terms of revenue. However, the mobile C-arms section is dominating the fluoroscopy and mobile C-arms market at present in terms of volume. Mobile C-arms are further classified into mini C-arms and full size C-arms. It is anticipated that the full size C-arms segment will develop at a faster pace in the global fluoroscopy and mobile C-arms industry during 2013 to 2019. The development in full size C-arms devices market is credited to technical advancements in the field and multiple applications.
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Regionally, North America led the global fluoroscopy and mobile C-arms market in 2012, both in terms of volume and value, due to the increasing awareness about medical imaging equipment, financial stability to purchase expensive devices, adoption of new and innovative products, and growing infrastructure investment to support medical and healthcare development. On the other hand, the fluoroscopy and mobile C-arms market in Asia Pacific is likely to develop at the highest compound annual growth rate in diagnosis and interventional radiology procedures.
The global fluoroscopy and mobile C-arms market is segmented into the following categories:
Fluoroscopy and Mobile C-arms market, by Product Type
  • Fluoroscopy
  • Mobile C-arms
  • Full Size C- Arms
  • Mini C-arms
Fluoroscopy and Mobile C-arms Market, by Geography
  • North America
  • Fluoroscopy
  • Mobile C-arms
  • Europe
  • Fluoroscopy
  • Mobile C-arms
  • Asia-Pacific
  • Fluoroscopy
  • Mobile C-arms
  • Rest of the World (RoW)
  • Fluoroscopy
  • Mobile C-arms

Surgical Navigation Systems Market Expected to Reach USD 295.5 Million Globally in 2020

According to a new market report published by Transparency Market Research “Surgical Navigation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the global surgical navigation systems market was valued at USD 218.5 million in 2013 and is expected to grow at a CAGR of 4.5% from 2014 to 2020, to reach an estimated value of USD 295.5 million in 2020.
Surgical navigation systems assist surgeons in reaching the target anatomical position of the patient. Post-operative wound healing takes more time in conventional surgeries than minimally invasive surgeries due to smaller incision. Surgical navigation systems enable minimally invasive surgeries. In addition, surgical navigation systems facilitate reaching precise targeted anatomical site for surgery, more accurate operative procedure and thereby decreasing risk of failure. Thus, adapting surgical navigation systems in practice is beneficial for both patients as well as hospitals. Therefore, market players are implementing various strategies to spread awareness about surgical navigation systems and related benefits which is ultimately resulting in growth of the global surgical navigation systems market.
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The global surgical navigation systems market is segmented on the basis of type of products namely, neurosurgical navigation systems, ENT navigation systems and orthopedic navigation systems. Neurosurgeries including spinal surgeries are the most complicated surgeries and thus demand for accuracy is higher in neurosurgeries. Hence, neurosurgical navigation systems accounted for the largest market share in 2013.
High cost of surgical navigation systems is one of the major factor that is restraining the growth of the global surgical navigation systems market. Demand for surgical navigation systems is expected to rise with increased awareness about surgical navigation systems and related benefits. Further, to expand market share, existing players in the surgical navigation systems market are expected to implement strategies such as acquisition of small players, partnering with the competitor and offering long-term contracts to customers in order to maintain relation with end users.
Presently, North America is dominating the global surgical navigation systems market with a share of 40% in 2013. Some of the major factors that are driving the North American surgical navigation systems market towards growth include well-defined regulatory framework, higher rates of implementing regulations in practice that are set by regulatory authorities and highly developed healthcare infrastructure. The Asia-Pacific region is anticipated to have higher growth potential for surgical navigation systems market due to rapidly developing healthcare infrastructure on the grounds of swiftly rising medical tourism industry in the region. Some of the key market players contributing to surgical navigation systems industry include BrainLAB AG, Aesculap Implant Systems (B. Braun Melsungen AG), LLC, GE Healthcare, Medtronic, Inc., Siemens Healthcare Corporation, Stryker Corporation and Zimmer Holdings.
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The global computer aided detection market is segmented as follows:
Global Surgical Navigation Systems Market, by Product Type
- Neurosurgical Navigation Systems
- ENT Navigation Systems
- Orthopedic Navigation Systems
Global Surgical Navigation Systems Market, by Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World
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