Middle East Distribution Transformer Market Expected To Trigger A Revenue Increase To USD 1,012.02 Billion By 2022

San Francisco, 09 January, The Middle East distribution transformer market is expected to reach USD 3.59 billion by 2022, according to a new study by Grand View Research, Inc. The need for effective electrical distribution has led to increasing adoption across the power, commercial and industrial sectors; this is anticipated to fuel product demand. Several benefits including reduced line loss, better power quality, reduced energy costs and optimal energy use are expected to catapult industry growth significantly. They also offer investment related benefits, improved reliability and compatibility. The escalating need to overcome current losses along with the rising electricity demand is also anticipated to fuel demand over the forecast period.

Low cost associated with the installation and conduit of distribution transformers may favorably impact industry growth. Increasing demand across plants and facilities that require huge amounts of power supply such as data centers is also anticipated to elevate product demand. Further, the ability to operate at low power frequencies offer benefits such as reduced power losses, better voltage regulation, increased functional flexibility and improved service continuity making it a lucrative market.

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Further key findings from the study suggest:

·         Medium transformers market accounted for over 40% of the overall revenue share in 2014, and the segment is expected to witness significant growth over the next few years. This may be primarily attributed to the low-cost associated with the installation of this product.

·         Small transformers segment is estimated to witness growth owing to high demand for stepping voltages down within a distribution circuit of a building or to supply power to equipment.

·         On account of unmatched high efficiency and the ability to operate at low power frequencies, large transformers segment is anticipated to exhibit moderate growth over the next seven years. These are also equipped with water-cooled heat exchangers or oil pumps, and cooling fans that are designed to remove heat.

·         Liquid filled technology segment accounted for more than 70% of the overall revenue in 2014 which is estimated to increase over the forecast period owing to several benefits offered by this technology type. These include retro-fit application capabilities and high reliability service. Widespread usage of this product type in a wide range of utility, commercial and industrial applications may also fuel product demand over the coming years.

·         Saudi Arabia distribution transformers market emerged as the dominant regional segment and accounted for more than 35% of the overall revenue in 2014. Increasing urbanization and government investments in the power sector is anticipated to be the key factor that drives the regional demand.

·         Key players in this industry include ABB, Abaft Middle East, Alstom, General Electric, Siemens, Bawan and Alfanar Electrical Systems. The industry is poised to face several challenges owing to frequent update in government norms and regulations coupled with rising raw material prices making value chain analysis significant.

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Grand View Research has segmented the Middle East distribution transformer market on the basis of product, technology and region:

Distribution Transformers Product Outlook (Revenue, USD Million, 2012 - 2022)

·         Small Transformers

·         Medium Transformers

·         Large Transformers

·         Unit Substations

Distribution Transformers Technology Outlook (Revenue, USD Million, 2012 - 2022)

·         Liquid Filled

o    Pad mounted

o    Pole mounted

·         Dry Type

Distribution Transformers Regional Outlook (Revenue, USD Million, 2012 - 2022)

·         Saudi Arabia

·         UAE

·         Qatar

·         Egypt

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

Pleated Filters Market Expected To Trigger A Revenue Increase To USD 1,012.02 Billion By 2020

San Francisco, 08 January, Pleated Filters Market Analysis By Product (Air Filter, Medium Efficiency Filter, HEPA, Food & Beverage Filter, Oil Filter), By Application (Industrial, Commercial, Utilities, Residential) And Segment Forecasts To 2020.

Global pleated filters market is expected to reach USD 12.83 billion by 2020, according to a new study by Grand View Research, Inc. Stringent environmental regulations regarding deteriorating air quality coupled with increasing need for energy conservation are expected to remain a key driving factor for the global market. Growing prevalence of air borne disease is also expected to have a positive influence on the market growth. Increasing competitiveness in oil & gas industry will further increase demand for quality products, driving demand for pleated technology in oil filter market. Easy availability of substitute products is expected to remain a key challenge for market participants.

Air filters emerged as the leading product segment and accounted for 54.4% of total market volume in 2013. Increasing demand for improved air quality coupled with increasing prevalence air borne diseases across the globe is expected to remain a key driving factor for this segment. Oil filters is expected to be the fastest growing product segment at an estimated CAGR of 7.4% from 2014 to 2020. Growing demand for petroleum products is expected to remain a key driving factor for this segment. In additon, increasing competitiveness for better and environmental friendly products is also expected to have a positive influence on the market growth.  

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Further key findings from the study suggest:

·         Global pleated filters market demand was 185.8 million units in 2013 and is expected to reach 286.3 million units by 2020, growing at a CAGR of 6.4% from 2014 to 2020.

·         Industrial applications dominated the global pleated filters market and accounted for 41.8% of total market volume in 2013. Rapid industrialization in emerging BRICS market is expected to fuel this segment over the forecast period. Industrial applications are also expected to be the fastest growing segment at an estimated CAGR of 6.8% from 2014 to 2020.

·         Asia Pacific emerged as the leading regional market and accounted for 42.7% of total market volume in 2013. Rapid industrialization in countries such as China, India and Indonesia is expected to remain a key driving factor for this region over the forecast period. Asia Pacific is also expected to be the fastest growing regional market at an estimated CAGR of 8.5% from 2014 to 2020. Developed markets of Europe are characterized by stringent emission standards by REACH to lower harmful emissions in the region and its effects on human health.

·         Global pleated filter market is highly fragmented on account of presence of large number of companies across the globe some of them include Donaldson Company Incorporated, General Motors Company, Midwesco Filter Resources Inc., Koch Filter Corporation, Freudenberg & Company KG and Clarcor Incorporated.

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Grand View Research has segmented the pleated filters market on the basis of product, application and region:

Global Pleated Filters Product Outlook (Volume, Million Units; Revenue, USD Million, 2012 - 2020)

·         Air Filters

o    Medium Efficiency Filters

o    HEPA

·         Food & Beverages Filters

·         Oil Filters

·         Others

Global Pleated Filters Application Outlook (Volume, Million Units; Revenue, USD Million, 2012 - 2020)

·         Industrial

·         Commercial

·         Utilities

·         Residential

·         Others

Global Pleated Filters Regional Outlook (Volume, Million Units; Revenue, USD Million, 2012 - 2020)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

o    Italy

·         Asia Pacific

o    China

o    Japan

·         Middle East & Africa

·         Central & South America

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www.grandviewresearch.com/press-release/global-pleated-filters-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

Chemoinformatics Market Expected To Trigger A Revenue Increase To USD 1,012.02 Billion By 2024

San Francisco, 08 January,   Chemoinformatics Market Analysis By Application (Chemical Analysis, Drug Discovery, Drug Validation) Segment Forecasts to 2024

The global chemoinformatics market is expected to reach over USD 21.18 billion by 2024 according to a new report published by Grand View Research, Inc. Some major determinants influencing the market growth include the constantly improving modern drug development processes, increasing use of in-silico techniques in research, and the advantages associated with employing the chemoinformatics approach, such as the reduction in the overall R&D expenditure during the drug development process.

The ever increasing growth of the drug development market will boost the demand for chemoinformatics owing to its numerous applications in drug designing at various stages. Right from target identification to its development as a potential drug candidate, chemoinformatics tools play a crucial part.

The significant contributions of the varying in silico tools in the generation of hits through the High Throughput Screening(HTS) process, target compound selection, virtual structure generation, Pharmacokinetic property and toxicity prediction of chemical compounds, and the quantitative-structure relationship determination have been a major driving force for the growth of the chemoinformatics market.

The heavy costs incurred along with the long time span invested in the drug discovery process has made the integration of the chemoinformatics techniques essential in the research activities. It aids the scientists and chemical researchers in making better decisions pertaining to drug discovery and other related research studies. Furthermore, the increasing demand for efficient and effective medicines, rising investments in R&D, growing geriatric population, and the burgeoning number of individuals with lifestyle related diseases are expected to positively reinforce the market growth. The key applications of the chemoinformatics tools and softwares in drug designing and discovery has been its largest application and is expected to grow further with further advances in the drug discovery process.

Chemoinformatics has made marked contributions to the areas of chemical drug development and research. The growth of this field is driven by the continually generated raw data in screening operations and research studies. Chemoinformatics in silico tools aid in effective data management, which facilitate data retrieval and analysis thus providing large databases of accessible information to scientists involved in both, the drug development process and other research related studies.

The development of three dimensional chemical structure databases has been a significant achievement in the field of chemoinformatics as it has significantly aided the research process. Applications of chemoinformatics platforms in computer-assisted synthesis designing, computer-assisted structure elucidation, and chemometrics have further contributed to the market growth.

The advancements in computational technology have been a high impact rendering driver for the market growth. In this direction, the development of super computers and silicon graphics computer for calculations, 3D structure generation, molecular graphics, and complex data display have been pivotal in propelling the growth of the chemoinformatics market. With the advent of advanced WEB technologies and their incorporation in the in-silico computational techniques have totally revolutionized this field.

The increasing needs for advanced and efficient technologies to yield better results has made the chemoinformatics area an indispensable part of the pharmaceutical industry. The surging need for therapeutically-effective medicines coupled with the increasing investments in the R&D area and the advancements in computer technologies provide lucrative opportunities to the market for it to grow and flourish in the near future.

Access Full Research Report On Chemoinformatics  Market Analysis:

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Further key findings from the study suggest:

·         In 2015, North America dominated the chemoinformatics market with a revenue share of over 36% on account of the following factors:  the high investments pertaining to the R&D initiatives, technological advancements, the presence of major players in the drug manufacturing industry, and the increasing prevalence of lifestyle-related diseases. With respect to the global R&D spending, North America holds the largest share. Also, it holds a major share in the ADME-toxicology market that further spurs the growth of the chemoinformatics market.

·         Asia Pacific is identified as one of the fastest growing regional markets, growing at a lucrative CAGR of 18.3% during the forecast period. The growth of this market can be attributed to the growing research activities being conducted in economies, such as India, China, and Singapore. The key advantages associated with undertaking research activities in these countries include the low manufacturing and labor costs and the less stringent regulations, which attract many multinational players to the Asia Pacific region. Additionally, the government initiatives and funds that are deployed to improve the R&D infrastructure will further drive the market growth.

·         Key players operating in the market include Agilent Technologies, Inc., BIOVIA (Accelrys), Bio-Rad Laboratories, Inc., CambridgeSoft Corp., ChemAxon, Inc., ACD/Labs, Inc., Schrödinger, LLC, and Chemical Computing Group, Inc. Additionally, the rising demand for in-silico techniques in the research sector is expected to provide new market entrants with profitable opportunities thereby driving the market growth.

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Grand View Research has segmented the chemoinformatics market by applications:

Global Chemoinformatics Market, by Application (USD Billion, 2013 - 2024)

·         Chemical Analysis

·         Drug Discovery

·         Drug Validation

·         Others

Chemoinformatics Market Regional Outlook, by Revenue (USD Billion, 2013 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    Japan

o    China

o    India

·         Latin America

o    Brazil

o    Mexico

·         MEA

o    South Africa

Access Full Press Release of this Report:

www.grandviewresearch.com/press-release/global-chemoinformatics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/