UAE Electric Motor Market Overview 2018: Growth, Demand and Forecast Research Report to 2023

The UAE electric motor market has witnessed a positive growth during the past several years. This can be accredited to the growing energy consumption in the country coupled with government initiatives to increase power generation.

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According to the latest report by IMARC Group, “UAE Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the UAE electric motor market reached a value of around US$ 185 Million in 2016. An electric motor runs on the basic principle of electromagnetic induction and converts electrical energy into mechanical energy. Electric motors are classified into two types, typically AC motors and DC motors. These motors are extensively used in industrial, residential, commercial and other (transportation, agriculture) end-use sectors for varied applications. This can be attributed to the various benefits offered by electric motors such as low initial cost and maintenance requirement, long operating life, high efficiency, etc.

Highlights of the UAE electric motor market:

• Rising energy consumption in the UAE represents the key growth inducing factor.
• HVAC represents the largest end-use segment, accounting for majority of the total share.
• The market is expected to reach a volume of US$ 265 million by 2022.

The UAE electric motor market is driven by the rising energy consumption in the UAE, due to which the government is actively planning to increase its power generation. Apart from this, the market is driven by the rising demand from the paper and pulp, cement, desalination, water and wastewater sectors, wherein electric motors are used in pumps and compressors. Additionally, growing popularity of electric vehicles on account of rising environment concerns in the region has facilitated the market growth. The thriving food and beverage industry has also contributed to the demand for electric motors since they are found in equipment such as dishwashers, coffee grinders, microwaves, electric can openers, and others. Some of the other factors contributing to the demand for electric motors include rising automation in various industrial sectors, massive investments and technological advancements in the region. Owing to the aforementioned factors, the market is expected to reach a value of US$ 265 million by 2022, growing at a CAGR of around 6.2% during 2017-2022.

The UAE electric motor market has been segmented on the basis of application. Some of its major applications are found in pumps and fans, compressors and others. The market is also segmented on the basis of end-use, covering HVAC, oil and gas, food and beverage, mining, water and utilities, and others. Based on efficiency, the market is segmented into IE2, IE3, IE1 and IE4. On analyzing the competitive landscape of the market, it is found that ABB, Siemens, WEG Industries, NIDEC Corporation and TECO Middle East Electrical & Machinery Co. Ltd. are the key players operative in the market.

Read full report with TOC: https://www.imarcgroup.com/uae-electric-motor-market

The report by IMARC Group has examined the UAE electric motor market on the basis of:

Application:

• Pumps and fans
• Compressors
• Others

End-use:

• HVAC
• Oil and gas
• Food and beverage
• Mining
• Water and utilities
• Others

Efficiency:

• IE2
• IE3
• IE1
• IE4

Key Players:

• ABB, Siemens
• WEG Industries
• NIDEC Corporation
• TECO Middle East Electrical & Machinery Co. Ltd.

Browse related reports:

Saudi Arabia Electric Motor Market Research Report: https://www.imarcgroup.com/saudi-arabia-electric-motor-market

GCC Electric Motor Market Research Report: https://www.imarcgroup.com/gcc-electric-motor-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Microgrid Market 2018: Region Wise Analysis of Top Players in Market By Types and Application

The global microgrid market has witnessed a steady growth over the past few years. The increasing adoption of microgrids can be accredited to the rising usage of renewable sources, rapidly growing industrialization and requirement of enhanced technologies for power generation and distribution.

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The latest report by IMARC Group, titled “Microgrid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global microgrid market reached a value of US$ 15.3 Billion in 2016. Microgrids are integrated energy systems used to generate, distribute and regulate the flow of electrical power. They have the ability to store energy locally either in parallel or in isolation from the electric grids. Microgrids can be used to generate energy from both the renewable and the non-renewable sources. In addition, they also help in increasing the efficiency of the electric delivery system by reducing energy losses in transmission and distribution. On account of this, these systems are installed to increase the reliability of power distribution, reduce costs and encourage economic growth.

Highlights of the global microgrid market:

• The increasing usage of renewable sources is the key factor driving the growth of the market.
• Remote systems account for the majority of the total market share.
• North America dominates the market, holding the majority of the global share.

Microgrids can be used as a composition of multiple energy generation sources, such as solar, wind, biomass, geothermal, and fossil fuel, to generate and supply electricity to a local community, university, or a military base. This is anticipated to be the major driver of the microgrid market. Additionally, the lack of access to reliable grid electricity due to low electrification in the rural areas is another factor boosting the demand for microgrids. Moreover, increased need to strengthen energy security, rapidly increasing industrialization, requirement of enhanced technologies for power generation and distribution, and infrastructure development are some of the other factors facilitating the market growth. According to the report, the global microgrid market is further expected to reach a value of more than US$ 30 Billion by 2022, exhibiting a CAGR of nearly 12% during 2017-2022.

The market is segmented on the basis of energy source into natural gas, combined heat and power, Solar Photovoltaic (PV), and diesel. On the basis of application, the market is segregated into remote systems, institutional and campus, utility/community, defense and others, wherein remote systems account for the largest share. Region-wise, North America currently represents the leading market globally. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America. On evaluating the competitive landscape of the market, it is found that the key players are Lockheed Martin, ABB Ltd., General Electric, Eaton Corporation and Siemens.

Read full report with TOC: https://www.imarcgroup.com/microgrid-market

The report by IMARC Group has examined the global microgrid market on the basis of:

Energy Source:

• Natural Gas
• Combined Heat and Power
• Solar Photovoltaic (PV)
• Diesel
• Fuel Cell

Application:

• Remote Systems
• Institution and Campus
• Utility/Community
• Defense
• Others

Region:

• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America

Key Players:

• Lockheed Martin 
• ABB Ltd 
• General Electric 
• Eaton Corporation 
• Siemens

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Particle Size Analysis Market 2018: Region Wise Analysis of Top Players in Market By Types and Application

The global particle size analysis market has been witnessing a positive growth. This can be attributed to the growth in the pharmaceuticals industry, advancements in analysing technologies and rising applications in the field of nanotechnology.

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The latest report by IMARC Group, titled, “Particle Size Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global particle size analysis market has reached a value of more than US$ 198 Million in 2016. Particle size analysis is a series of technical procedures which are performed for calculating average size of particles in an emulsion, aerosol, solid or suspension sample. The analysis is practiced for controlling the number of chemical reactions that take place when a product is being used. It can be achieved through several devices and remains an important process as it helps in determining the nature, behaviour and other properties of the material. Particle size analysis can be performed through different methods some of which can be applied for a wide range of samples whereas some methods are limited to specific applications.

Highlights of the global particle size analysis market:

• Increasing applications in the field of nanotechnology is one of the major factors stimulating the market growth.
• Medicine and healthcare industry holds the majority of the market share, representing the leading application segment.
• North America currently represents the largest market for particle size analysis

The growth of the global particle size analysis market is driven by increasing applications of particle size analysis in the field of nanotechnology. This process is being largely used in the production of newly constructed structures, semiconductor components and cosmetic products which, in turn, is contributing to the market growth. The demand for particle size analysis has also been rising due to the growth in the pharmaceuticals industry, where it is applied for maintaining quality of different medicines. Moreover, other factors such as technological development in processes of analysing along with rising demand in the emerging regions have strengthened the growth of the market. As a result, the global particle size analysis market is further expected to reach nearly US$ 266 Million, exhibiting a CAGR of 5% during 2017-2022.

On the basis of technology type, laser diffraction exhibits a clear dominance in the market, followed by dynamic light scattering (DLS), image analysis, and nanoparticle tracking analysis (NTA). Based on application, medicine and healthcare industry represents the largest application segment. It is followed by the mining and minerals, petrochemical, and food and beverages industry. Region-wise, North America currently accounts for the majority of the total global share. This is due to the increasing efforts taken by the government to find new technologies of particle size analysis. Other major markets include Europe, Asia Pacific, Latin America, and Middle East and Africa. The competitive landscape of the market has also been analysed with some of the key players operating in the market being Malvern Instruments Ltd., Horiba Ltd., Beckman Coulter Inc., Microtrac Inc. and Micromeritics Instruments.

Read full report with TOC: https://www.imarcgroup.com/particle-size-analysis-market

The report by IMARC Group has examined the global particle size analysis market on the basis of:

Technology Type:

• Laser Diffraction
• Dynamic Light Scattering (DLS)
• Image Analysis
• Nanoparticle Tracking Analysis (NTA)

Application:

• Medicine and Healthcare Industry
• Mining and Minerals Industry
• Petrochemical Industry
• Food and Beverages Industry

Region:

• North America 
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Players:

• Malvern Instruments Ltd.
• Horiba Ltd.
• Beckman Coulter Inc.
• Microtrac Inc.
• Micromeritics Instruments

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group
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Website: https://www.imarcgroup.com
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Global Payment Gateways Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global payment gateways market has witnessed a positive growth over the past several years. This can be accredited to the growing trend of online payments, increasing use of mobile wallets, and revenue strategies encouraging digitization.

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According to IMARC Group’s latest report, titled “Payment Gateways Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global payment gateways market reached a value of about US$ 10 Billion in 2016. A payment gateway is an e-commerce service that facilitates a payment transaction by transferring information between a payment portal and the front-end processor or acquiring bank. Payment gateways mitigate the possibility of frauds as they utilize various tools to screen orders such as delivery address verification, AVS checks, computer finger printing technology, velocity pattern analysis, identity morphing detection, and geolocation. Nowadays, numerous vendors are adopting payment gateways since they are faster than manual processing and enable the customers to make purchases at any hour of the day without the inconvenience of waiting in long queues.

Highlights of the global payment gateways market:

• Increasing use of mobile wallets and growing e-commerce industry remain the key growth inducing factors.
• Large enterprises represent the biggest application segment.
• North America is the leading market, holding the largest share globally.

The global payment gateways market is driven by the growing importance of customer satisfaction and service on account of rising competition in the market. This has prompted the vendors to come up with strategies and innovative services, such as flexibility in ordering products and enabling different payment options using payment gateways. Moreover, companies are restructuring their businesses and revenue strategies by moving towards a digital approach. Sectors such as telecommunications, banking, financial services, healthcare, and retail are widely adopting payment gateway solutions, thereby providing a thrust to the market. Additionally, the market is driven by collaborations between different banks and retail vendors to provide attractive cashback offers to attract new customers and retain the existing ones. Apart from this, the emergence of mobile wallets has further boosted the market growth. Owing to the aforementioned forces, the market is expected to grow at a CAGR of around 9% during 2017-2022, reaching a value of around US$ 18 Billion by 2022.

The market has been segmented on the basis of applications into large enterprises, micro and small enterprises, and mid-sized enterprises. Currently, large enterprises account for the majority of the total share. On a regional-basis, the report covers North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, North America represents the largest market, holding the largest share globally. On analyzing the competitive landscape, it is found that Worldpay Group, Wirecard, Adyen, Allied Wallet and PayPal are the key players operative in the market.

Read full report with TOC: http://www.imarcgroup.com/payment-gateways-market

The report by IMARC Group has examined the global payment gateways market on the basis of:

Applications:

• Large Enterprises
• Micro and Small Enterprises
• Mid-sized Enterprises

Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Key Players:

• Worldpay Group
• Wirecard
• Adyen
• Allied Wallet
• PayPal

Browse related report:

Digital Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Cognitive Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter : @imarcglobal