Hybrid Power Generation Market - Global Industry Analysis and Forecast 2014 – 2020

Long-term promise and potential for renewable energy sources remains vast. But the reality of current renewable technologies and the plain fact that today’s utilities and their users demand constant availability means that fossil fuels are here to stay for a while longer as a base generation source. However, that does not mean that renewable have to take a back seat in the evolving power-generation market. There are strategies for renewable integration that utilities and power-generating companies should consider implementing that expand the value and functionality of renewable. The advancements in hybrid configurations, leverage renewable sources so they can make increased energy contributions far exceeding previously envisioned limits. The intelligent, strategic use of hybrid systems (fossil fuels and renewable energy) significantly lowers fuel consumption, which improves operating economics and curtails emissions.

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The high quality of exhaust heat from such generators can also be harnessed for heating purposes. Such power plants are usually employed for providing electricity grid relief and power supply during peak consumption hours. However with technological advancements these plants are now also being utilized for supplying base loads. Very fast startup times for these plants also provide opportunities for using them as backup generation for emergencies. With shale gas and coal bed methane being considered as valuable sources of energy for the future, and the fact that renewable sources of energy are unending, the opportunities of this market are substantial. Certain factors like increasing cost of both oil and natural gas as well as increased prices of renewable capture components (e.g. solar panels) in most nations may prove to be barriers to growth. However demand for hybrid generation is not likely to slow down in the near future specially in OECD countries.

There are many ways in which such generators can be used for generation of electricity and other forms of useful energy. Hybrid turbines for electricity generation may be segmented based on the combination of equipment used to generate energy, for instance diesel generators combined with wind-generated energy. Such turbines can also be segmented on basis of feedstock consumed for generating power. The fuels that may be considered are natural gas, fuel oil, kerosene and diesel as fossil fuels and wind energy and solar energy as renewable.

Majority of plants using theses turbines are clustered around regions where fuel to run them are abundantly available. However with global trade of oil and natural gas growing and peak demand problems becoming more acute more nations are opting for such power plants. China is emerging as the leading energy consumer of the world thus increasing the prospects of using this source of generation in the Asia Pacific region. Also contributing to installations is Japan which has begun replacing nuclear generation after the Fukushima disaster, with natural gas-based hybrid generation. In the OECD countries the majority chunk of thermal generation comes from such power plants. Use of such power plants is predominant in Middle Eastern, Eurasian and North American regions. The regional segmentation for these turbines can be done based on North American, Middle Eastern, Asia Pacific and rest of the world (ROW) regions.

Some of the key players in this industry include NYE Thermodynamics Corporation, Mitsubishi Power Systems Europe Ltd., Siemens AG, Doosan Heavy Industries & Construction Co. Ltd., and MJB International.

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Lubrication Systems Market - Global Industry Analysis and Forecast 2014 – 2020

Effective lubrication systems form an essential component of any lubrication program by enabling customers to reduce consumption and energy consumption. Lubrication systems provide essential amounts of lubricants to minimize friction and wear & tear in moving parts of machinery. These systems are widely used in industrial applications to improve the productivity and reliability of machine parts. With the advancement of technology several monitoring and controlling systems have been developed which assists in further increasing the reliability and performance of lubrication systems. Essential parts within lubrication systems such as lubricant reservoirs and lubricant injectors are generally monitored by alarm systems. When the lubricant reservoir decreases or any unwanted flow trend in noted an alarm signal is sent to the main controlling room. The market for lubrication systems is anticipated to grow at a substantial rate owing to its increasing usage in industrial and automotive applications.

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The rapid industrialization in developing economies and requirement of efficient lubrication systems in automobiles are the major drivers for the lubrication systems market. Moreover, the reduction in the wear and tear losses on use of lubrication system is another factor driving the lubrication system market. The use of lubrication systems reduces the cost involved in damage repair of the machine parts. Energy efficiency initiatives taken by industrial groups and environmental regulations are also essential driving forces attracting investment in this market. Lack of awareness about the presence and benefits of the lubrication systems among the end users is one of the major restraints of lubrication systems market. Increasing industrialization especially in Asia Pacific countries such as China, India and Indonesia can act as the opportunity for the lubrication systems market.

The segmentation of the lubrication systems market can be done on the basis of type, technology, end user industry and geography. On the basis of type the lubrication systems market can be categorized as manual, centralized and automated systems. The centralized and automated lubrication systems are the dominant segments in this category. On the basis of technology the lubrication systems can be divided into dual line lubrication systems, single shot oil lubrication systems, progressive lubrication systems, gear spray lubrication systems, conveyor lubrication systems and multipoint lubrication systems. Major end users of lubrication systems include industrial machines, cement industry, steel and paper industry, automobile, power and energy industries. The use of lubrication systems by these industries protect their machineries against the wear and tear caused due to the friction amongst the components.

Currently, Europe is the major market for lubrication systems. The energy efficiency measures and environmental regulations announced by industrialized nations in this region is a major factor attracting investment in the lubrication systems market. Several major automobile companies also operate in Europe which further drives investments in this market. North America also occupies a significant market share of the global lubrication system market. The expanding industrial economies of Asia Pacific are potential markets for the lubrication system market. The growing demand of lubrication systems from the automobile and the mineral processing segment is also anticipated to account for a significant portion in Asia Pacific. Industrialization activities in Latin America and Africa also provide growth opportunities to the lubrication systems market.

Some of the key players in the lubrication system market include companies such as Cenlub Systems, SKF, Dropco Multilub Systems Private Limited, and Lincoln Industrial Corp.

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Electric Power Generation Infrastructure Market - Global Industry Analysis and Forecast 2014 – 2020

Surge in economic development after the recession has led to the growth in power infrastructure development activities. Supportive nature of government policies, concerns related to energy security, increase in population is the major factors that have fuelled the electric power generation market. Many new thermal, hydro, solar and wind related power generation projects have started as countries are looking to boost their generation capacities in order to satisfy the energy demand. Stringent government regulations advocating the use of renewable energy is another factor that has boosted the development of global power generation infrastructure. Decline in per watt cost of generation coupled with the provision of bonuses and subsidies on use of renewable energy have played a significant role in power generation infrastructure market. Beside the renewable sources the easy availability of fossil fuel in the market has also driven the power generation infrastructure market. Countries are now engaged in importing fossil fuels such as coal, crude oil and natural gas to feed their power plants.

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The segmentation of the electric power generation infrastructure market can be done on the basis of type of energy sources and geography. Power projects can be divided into either renewable energy based and non renewable energy based power projects. Renewable power projects utilize solar, wind, tidal, wave and geothermal energy to generate power. The clean power generation without any toxic emission is one the major advantage of using renewable sources. Moreover, being abundant in nature these resources can be utilized again and again without depletion. On the other non renewable power projects utilizes fossil fuels such as coal, oil and natural gas to generate power.

The regional segmentation of the electric power generation infrastructure market include countries such as the United States, Canada and Mexico in North America. The increase in population coupled with the easy availability of fossil fuels is one of the major factors influencing the North American power infrastructure market. Moreover, govern support through tax rebates and subsidies have also affected the development of power infrastructure. European market includes countries such as Russia, Germany, the United Kingdom and France. Climate and energy targets decided by the European Union have led to the development of renewable energy based power projects in these regions. Asia Pacific region include countries such as China, India, Japan and South Korea. The Middle East and African region includes countries such as Saudi Arabia, Ira, Iraq, Nigeria, Egypt and Algeria. Easy availability of fossil fuel is on the major factor in the development of power infrastructure in this region. Rest of the World segment includes the Latin American countries such as Brazil, Argentina and Venezuela.

Increasing population and growing power demand, supportive government policies, concerns related to energy security are the major drivers for the electric power generation infrastructure market. High installation and operating costs and lack of grid infrastructure in some of the countries is the major restraint to the electric power generation infrastructure market. Increasing population along with the rapid industrialization can act as the opportunity for the companies in electric power generation infrastructure market.

Some of the major players in electric power generation infrastructure market includes companies such as Acciona, S.A., LANCO Group, Reliance Infrastructure, Tokyo Electric Power Company and GDF SUEZ S.A.

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Micro Hydro Electric Market - Global Industry Analysis, Trends and Forecast 2014 – 2020

Water power can be utilized in numerous ways; tidal flows can be used to generate power by building a barrage across an estuary and discharging water in a controlled and systematic manner by a turbine; large dams accumulate water, which can be utilized to provide ample quantities of power; wave power is also harnessed in different ways. It is a method that has been in use throughout the world, by a diverse range of cultures and societies. Water can be harnessed from small to large hydro electric plants.

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In United Kingdom, water mills are in use for the past 900 years. Their numbers grew rapidly and by the end of 19th century, there were over 20,000 water mills in operation in England itself. In Europe, Asia and few parts of Africa, water wheels were utilized to propel various industrial machineries, such as mills and pumps. First effective water turbine appeared in the middle of 19th century and they started replacing water wheels in various applications. In contrast to the water wheels and turbines, modern turbines are small, highly efficient and are capable of running at high speed. Hydropower is a reliable technology, relying on non -polluting, renewable and indigenous resource, which can easily integrate with irrigation and water supply projects all across the globe. Of the total, china constitutes more than 85,000 small-scale, electricity generating hydropower plants.

In the last decade, there has been a growing realization in emerging economies in which micro - hydro schemes have played an important role in the economic development of remote rural areas, especially mountains. Micro hydro schemes can generate power for domestic, agricultural and industrial uses through direct mechanical power or by the coupling the turbine to a generator to develop electricity.

In order to determine the power potential of the water flowing in a river it is important to determine both the flow rate of the water and the head by which the water can be made to fall. The flow rate is the amount of water flowing past a point in a specific time. Generally, flow rate units are liters per second. The head is the vertical height measured in meters from the turbine up to the point, where the water enters the penstock.

However, some amount energy is always lost when it is transformed from one form to another. Small water turbines hardly have efficiencies more than 75%. Power will also be wasted in the pipe carrying the water to the turbine, due to some frictional losses. By a systematic design, this loss can be lower down to a small percentage. A rough guide used for small systems of a few kW rating is utilized to take the overall efficiency as approximately as 45%. Hence, the theoretical power has to be multiplied by 0.50 for more accurate results.

Growing population and developing economies are some of the key drivers of the micro hydroelectric generator market. However, limited exposure regarding micro hydroelectric generators can hinder the growth of the market. Ample opportunities are there for the micro hydroelectric generator market owing to rapid industrialization taking place in Asia Pacific countries such as India and China.

Some of the key companies in the business of Micro hydroelectric generator market are Rainbow Power Company Ltd, Brownell Micro Hydro, Hebden Bridge Alternative Technology Centre Ltd., Canyon Industries, Inc., Addnew Technologies Limited, Alps Power Technologies (P) Limited and Addnew Technologies Limited among others.

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Directional Drilling Market - Global Industry Analysis, Trends and Forecast 2014 – 2020

Increasing demand for oil and natural gas has led to the rise in both on-shore and off-shore drilling activities across the world. On account of its higher productivity and throughput rates over conventional vertical drilling, directional drilling has gained immense popularity in recent years. Directional drilling is the process of drilling wherein the contractors attempt to alter or change the inclination or azimuth of the drill hole. This can be achieved through bottom hole assembly selections and, directional drilling or wedging tools. In order to change or control the direction of drilling holes, the drilling contractors need to plan and select a proper method to ensure smooth completion of the project. In the bottom hole assembly selection method, drilling contractors make use of longer reaming shells, stabilized full hole barrels and set parameters for the crew to gain a better control over the drill hole. Instead of steering the hole in a particular direction, this method minimizes the directional change of the drilling hole due to natural formation tendencies.

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In case of the directional or retrievable wedges, drilling contractors can cut a secondary hole off an existing hole. With the use of directional wedges, drilling crew is able to set up and control if a hole is heading off line. Contractors make use of retrievable wedges in cases where the client requires no piece of metal to be left in the drilled hole. With the use of such methods, drilling contractors are able to ensure cost effective and quicker completion of drilling project with higher quality.

One of the major factors driving the growth of directional drilling market is the sustained high oil prices across the world. With increasing need for higher productivity and efficiency of oil drilling process, there has been an increase in the demand for directional drilling. In addition, maturity of on-shore drilling sites has led to the exploration of numerous untapped off-shore resource sites. Oil and gas companies along with drilling contractors seek to make use of directional drilling to gain higher control on the direction of hole on such new sites. Another factor driving the demand for directional drilling market is the ability to retrieve the drilling spear and other drilling equipment from the hole. In cases where metal cannot be left in the drilled hole, directional drilling has offered a viable solution in achieving a precise and clear hole. Despite its immense benefits, the directional drilling market faces a few restraints due to environmental risks and strict government regulations. Companies in the directional drilling market need to deal with such challenges to carry out drilling activities across the world.

With increasing demand for deep and ultra-deep water oil and gas reserves, the directional drilling market has been lucrative in recent years. Companies in this market offer various directional drilling services, turbo-drills, mud motors, steering and measurement tools and rotary steerable systems. Companies seek to gain leverage of the increasing intensity of directionally and horizontally drilled wells across the world. Some of the key players in the directional drilling market include Transocean Offshore Deepwater Drilling, Inc., Halliburton Co., Baker Hughes, Inc., Ensco Plc., Weatherford International Plc., and Schlumberger Limited.

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Oil Refinery Market - Global Industry Analysis and Forecast 2014 – 2020

The global oil refinery market is expected to increase due to rising energy demand, evolving technology and new sources of the crude oil explored during the forecast period. In 2013, the global refinery capacity has increased significantly. Apart from Europe, refinery capacity has increased substantially worldwide.

A refinery is a processing facility that consists of various processing units that convert raw materials into different products. Some of the products produced in the refinery may need further processing. A refinery is used to process crude oil into various products and intermediates. Crude oil is transported to the refineries using pipelines. The first processing unit in the refinery is desalination. Crude oil contains various salts and impurities that can be harmful for the other processing units. All the impurities are not removed from the crude oil in desalination unit. After desalination crude oil passes through various preheat trains that increase the temperature of crude oil. The temperature is further increased using a heater before it enters the crude distillation unit (CDU). Crude oil is processed into a distillation column and separated into different components on the basis of boiling point. The component with low boiling points goes to the top of the tower and the one with the highest boiling point remains at the bottom of the distillation tower.

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The products from a crude distillation unit from top to bottom are liquefied petroleum gas (LPG), naphtha, gasoline, kerosene, diesel oils, fuel oil and residue. These products are further processed in various units to remove impurities such as sulfur and nitrogen. Residue from the crude oil is further processed in vacuum distillation unit (VDU). The products obtained from vacuum distillation units are light vaccine gas oil, heavy vacuum gas oil and base oils for manufacturing lubricants.

The global oil refinery market can be segmented on the basis of type of crude processed by the refinery into sweet crude and sour crude. Asia Pacific has the highest refining capacity followed by the North America. The refinery capacity of china has increased significantly. By the end of 2013, China’s refining capacity rose to 12.7 million barrels per day. China is the largest importer of crude oil and the increasing refinery capacity is due to the need to process such large amount of crude oil. China is planning to further increase its refining capacity in the coming year. The world’s largest refinery is owned by Reliance Industries. The refinery is situated in Jamnagar, India and has a capacity of 1.24 million barrels per day. Paraguana is the second largest refinery in the world and has a capacity of 955,000 barrels per day. Some of the factors driving the global oil refinery market are changing economies of developing countries, upgrades or revamps of a refinery to process new crude oil.

Some of the key players in the global oil refinery market are Abu Dhabi Oil Refining Company, Chevron Corporation, China National Petroleum Company, Conoco Phillips, ENI, Exxon Mobil, Hindustan Petroleum Corporation Limited, Total Oil, Kuwait Petroleum International, National Iranian Oil Company, Petroleos de Venezuela SA, National Iranian Oil Company, Essar Oil Limited, Saudi Aramco Lubricating Oil Refining Company and Reliance Industries Ltd.

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Magnetic Separator Market for Mining Industry - Global Industry Analysis and Forecast 2014 – 2020

The global mining industries are gaining importance due to the rising demand for advanced goods and appliances in industrial, commercial, and residential sectors. Magnetic separator is a device used in mining industries to separate out the impurities from the valuable mineral particles. Such minerals are further treated to be made usable in manufacturing of other commodities and devices. Hence, the success of a mining industry is integral to the development of magnetic separator market.

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A magnetic separator works on the principal of degrees of attraction between the magnetic particles and the magnet. Such device works by attracting the ferrous minerals or impurities whichever it may be. The extracted and treated minerals when undergoing magnetic separation process are placed on a moving conveyor belt in an electromagnetic field. The ferrous particles are strongly attracted to the magnet and get separated out from the mixture of minerals and impurities. There may be particles that may repel or show no reaction to such magnetic force. Such particles fall off the conveyor belt and are collected in separate collectors.

The growth of magnetic separator market is dependent upon the progress of the mining industries. With increasing industrialization and urbanization worldwide the mining industries are experiencing an evolution as a result of growing need for mined minerals especially by construction and manufacturing industries. In addition the rising commodity prices may result in growth of the mining industries and further result in magnetic separator market evolvement. The upcoming advanced magnetic separators with added functionalities such as energy saving, automatic cooling of electromagnets, increased purification capacity tend to minimize their maintenance and repair costs. The factor hindering the growth of magnetic separator market is the expensive research and development activities involved in such technology.

The Asia Pacific region is expected to be the largest market for magnetic separators. Mainly, India and China with their expanding manufacturing bases are increasingly demanding for high quality mined minerals for their manufacturing sectors. Further increasing radioactive mining activity in such nations is assumed to contribute in progression of magnetic separator market. The magnetic separator market is estimated to show high growth in North America rapid development of automotive and renewable industries which demand the use of superior tools and devices in their operations. Europe being gradually recovering from its ongoing economic downturn is likely to be cautious in its investments in such market. Hence, magnetic separator market is probable to experience a gradual development.

The magnetic separator market is segmented on the type of magnets used in magnetic separating equipments. Different magnets produce different degree of magnetic flux power. The various types of magnets include electro magnets, permanent magnets, and self cleaning magnets. Electro magnets are preferred in removal process of large ferrous pieces from the mineral gangue mixtures. Permanent magnets are used to separate out the tramp ferrous particles from the mineral ore. After the collection of such particles in the magnet, non metallic stainless steel is employed to remove them off the magnets. Self cleaning magnets are based on the combined technologies of both electro magnets and permanent magnets. Such magnets are capable of automatically removing and separating the magnetic and non magnetic particles from the mineral ore.

Some of the key players in the magnetic separator market for mining industry are Henan Caesar Heavy Machinery Co., Ltd., GIAMAG Technologies AS, Eriez Manufacturing Co., and STEINERT Elektromagnetbau GmbH.

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