DUBLIN--(BUSINESS WIRE)--The "Oil Condition Monitoring Market - Growth, Trends, Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The market for oil condition monitoring is expected to register a CAGR of 7% over the forecast period (2020-2025).
Companies Mentioned
Key Market Trends
Transportation Industry to hold major market share
North America Holds Major Market Share
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.5 Porters Five Force Analysis
4.6 Assesment of COVID-19 Impact on the Industry
4.7 Technology Snapshot - Oil Condition Monitoring Market by Measurement Type
5 MARKET SEGMENTATION
5.1 Sampling Type
5.1.1
On-Site (on-board,fixed continous monitoring)
5.1.2 Off-Site
5.2 Product Type
5.2.1 Turbine
5.2.2 engines
5.2.3 Gear System
5.2.4 Hydraulic System
5.2.5 Compressors
5.3 End-user Industry
5.3.1 Transportation
5.3.2 Oil & Gas
5.3.3 Industrial
5.3.4 Mining
5.3.5 Power Generation
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/dbo46m
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Company recognized for HyperSport motorcycle’s innovations in CleanTech
VANCOUVER, British Columbia--(BUSINESS WIRE)--Damon Motors today announced it has won a 2020 Red Herring Top 100 North America award, one of the technology industry’s most prestigious awards. Damon was selected from hundreds of companies for its innovations in CleanTech with its HyperSport motorcycle, the world’s smartest, safest, fully connected electric motorcycle.
“Traditional gas-powered motorcycles are one of the largest contributors to greenhouse gasses. Since day one, Damon Motors has been focused on creating a safer and cleaner world by eliminating those harmful emissions from our bikes,” said Jay Giraud, founder & CEO at Damon Motors. “We are honored to be recognized by Red Herring and see it as validation of our continued efforts to drive the future of electric motorcycles.”
Selecting the Red Herring Top 100 North America award winners is a months-long process that takes into account criteria including financial performance, innovation, business strategy, and market penetration. Previous Top 100 winners have included Alibaba, Skype, Spotify, Twitter, and YouTube.
“2020’s crop of Top 100 winners has been among our most intriguing yet. North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies here, which is in many ways the heartland of the industry, has been a thrilling experience,” said Alex Vieux, publisher and chairman of Red Herring. “What has excited me most is to see so many people forging niches in high-tech and cutting edge sectors. Some of the technical wizardry and first-rate business models showcased at the conference has been fantastic to learn about. We believe Damon Motors embodies the drive, skill and passion on which tech thrives. Damon Motors should be proud of its achievement - the competition was incredibly strong.”
Following Damon’s Top 100 win, the company is invited to present at the Top 100 Global event in 2021 that will encompass the best-in-show from the Top 100 Europe, North America, and Asia. Red Herring is dedicated to supporting Damon Motors’ continued path to success and innovation.
The Damon HyperSport sets a new standard in motorcycle safety, awareness and connectivity. It boasts well over 200hp and 200nm of torque delivered at zero rpm, a top speed of 200 mph, and a range of more than 200 highway miles per charge. All HyperSports are outfitted with CoPilot™, Damon’s 360° advanced warning system; Shift™, which transforms the riding position between sport and commuter modes with the push of a button; and HyperDrive™, the world’s first 100 percent electric, multi-variant powertrain platform optimized for maximum performance, design and safety.
For more information on Damon Motors, visit www.damon.com.
About Damon Motors Inc.
Damon is unleashing the full potential of personal mobility for the world’s commuters. With its HyperDrive™ proprietary electric powertrain, the company has developed the world’s safest, smartest, fully connected electric motorcycles employing sensor fusion, robotics and AI. Designed as a platform for worldwide line extension, Damon motorcycles will ship direct to customers on subscription plans to drive scale. Based in Vancouver, Canada, Damon is founded by serial entrepreneurs Jay Giraud and Dom Kwong. Damon’s investors include Round 13 Capital, Techstars, Fontinalis, Extreme Venture Partners, and Pallasite Ventures. Learn more at damon.com and follow us on Instagram @damonmotorcycles.
Damon Motors Inc. Media Relations
Media contact: Donna Loughlin Michaels
Loughlin Michaels Group
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(408) 393-5575
DUBLIN--(BUSINESS WIRE)--The "Global Solar-powered UAV Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The solar-powered UAV market is poised to grow by $ 485.46 million during 2020-2024 progressing at a CAGR of 10% during the forecast period.
This report on the solar-powered UAV market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the focus on greater use of renewable energy sources and demand for long-endurance air vehicles.
The solar-powered UAV market analysis include end-user segment and geographic landscapes. This study identifies the increasing use of drones in commercial and civil applications as one of the prime reasons driving the solar-powered UAV market growth during the next few years.
Companies Mentioned
The solar-powered UAV market covers the following areas:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5. Market Segmentation by End-user
6. Customer landscape
7. Geographic Landscape
8. Vendor Landscape
9. Vendor Analysis
10. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/oh2tfz
ResearchAndMarkets.com
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LONDON--(BUSINESS WIRE)--#GlobalOffshoreOilandGasSeismicEquipmentandAcquisitionsMarket--The offshore oil and gas seismic equipment and acquisitions market is poised to grow by USD 1.39 bn during 2020-2024, progressing at a CAGR of over 7% during the forecast period.
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The report on the offshore oil and gas seismic equipment and acquisitions market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by a rise in deepwater and ultra-deepwater E&P projects.
The offshore oil and gas seismic equipment and acquisitions market analysis includes technology segment and geography landscape. This study identifies the increasing adoption of 4D seismic survey technology as one of the prime reasons driving the offshore oil and gas seismic equipment and acquisitions market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The offshore oil and gas seismic equipment and acquisitions market covers the following areas:
Offshore Oil And Gas Seismic Equipment And Acquisitions Market Sizing
Offshore Oil And Gas Seismic Equipment And Acquisitions Market Forecast
Offshore Oil And Gas Seismic Equipment And Acquisitions Market Analysis
Companies Mentioned
Related Reports on Energy Include:
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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CHARLESTON, W.Va.--(BUSINESS WIRE)--Northeast Natural Energy (“NNE” or the “Company”) announced today that the Company has entered into an amendment with its senior lending group led by EIG Global Energy Partners (“EIG”) to extend the maturity of its current credit facility to December 2023 and provide significant additional liquidity to the Company to execute on its go-forward business plan. In connection with the amendment, the lead equity investors in the Company, including Metalmark Capital, Wells Fargo and Prudential, have agreed to make an incremental equity contribution to the Company of $65 million to help fund capital expenditures.
Northeast Natural Energy’s President and CEO Mike John acknowledged that “our team is very grateful for the confidence shown by our investors and lenders in expanding and extending their financial support of the Company.”
Greg Myers, Partner at Metalmark Capital, stated, “Mike John and the management team at NNE have done an amazing job at navigating the challenges of the commodity price decline with a relentless focus on costs and well level economics. The Company has grown substantially in recent years to having over 100 wells online with nearly 400mcfd of gross production and is well capitalized by its lenders and equity investors to continue its growth trajectory from this point forward.”
Northeast Natural Energy LLC, headquartered in Charleston, WV, is a private oil and gas company focused on natural gas drilling, exploration, acquisition and joint-venture opportunities in the Marcellus Shale. The principals of NNE have worked together in various capacities for over 30 years and possess a significant amount of knowledge and operational expertise in the Appalachian Basin, in particular the Marcellus Shale formation.
www.northeastnaturalenergy.com
Metalmark Capital is a leading private equity firm that seeks to build long-term value through active and collaborative partnerships with business owners, founders, and executives. The firm focuses its investment activity in growth industrials, natural resources, agribusiness, and healthcare. Metalmark Capital manages funds with $3.8 billion in aggregate capital commitments.
http://www.metalmarkcapital.com
EIG Global Energy Partners is a leading institutional investor to the global energy sector with $22.9 billion under management as of June 30, 2020. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 38-year history, EIG has committed over $34.2 billion to the energy sector through more than 360 projects or companies in 36 countries on six continents. EIG's clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.
This press release does not constitute an offering of interests in any fund or partnership managed by Metalmark Capital. If and when an investment opportunity is structured, all investors must obtain and carefully read the related confidential offering memorandum and any amendments or supplements thereto.
Brett Loflin
(304) 414-7063
Ranks first in total tonnage
HOUSTON--(BUSINESS WIRE)--The Houston Ship Channel port complex and its public and private terminals, collectively known as the Port of Houston, is now the number one port in the United States in terms of total waterborne tonnage, newly released government statistics show. It is also ranked first for foreign waterborne tonnage and number of vessel transits.
Nearly 285 million tons of cargo moved through the Port of Houston overall in 2019, which was about 47 million tons more than any other U.S. port and a 6% increase compared to the previous year. According to the U.S. Army Corps of Engineers Navigation and Civil Works Decision Support Center, which tracks and compiles the statistics, the Port of Houston surpassed the Port of South Louisiana, which previously held the top spot. For 24 years, the Port of Houston has been number one in foreign waterborne tonnage and the Houston Ship Channel is the busiest waterway in the nation, handling on average approximately 50 deep water vessels per day.
The Port of Houston is comprised of Port Houston’s eight public terminals and almost 200 private terminals situated along the Houston Ship Channel. The Port of Houston drives $802 billion in annual national economic value and supports more than three million U.S. jobs.
“The Port of Houston is the undisputed leader nationally as a result of the continued growth of commerce that moves through the busiest waterway in the U.S.,” said Port Houston Executive Director Roger Guenther. “When you consider the strategic importance of Houston to America’s energy sector, its economic value as the leading export region, and the rapid expansion of imported goods to meet consumer demand of a large and growing population, it clearly highlights the need to expedite the improvements of the Houston Ship Channel to ensure safe and efficient trade for the nation.”
As the local sponsor and an advocate of the Houston Ship Channel, Port Houston currently is partnering with the U.S. Army Corps of Engineers as well as private industry on a plan to expand the channel at an accelerated pace.
The Houston Ship Channel Expansion – Project 11 will widen the channel by 170 feet along its Galveston Bay reach, from 530 feet to 700 feet. It will also deepen upstream segments to 45 feet, make other safety and efficiency improvements, and craft new environmental features.
With the help of our partners, Port Houston aims to begin this work as early as 2021, making the channel safer and more efficient and ensuring this waterway remains the national economic powerhouse it is today.
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals of the greater Port of Houston – the nation’s largest port for the foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. nation. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) – and total of $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.
Lisa Ashley, Director, Media Relations
Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Alternative Asset Manager Makes Debut on Annual Ranking of Massachusetts Employers
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) announced today that is has been named one of The Top Places to Work in Massachusetts in the annual employee-based survey project from The Boston Globe, in the Large Employers category.
The Top Places to Work annually recognizes the most admired workplaces in the state as voted on by employees. Rankings are based on confidential survey information collected from nearly 66,000 individuals at more than 300 Massachusetts organizations. The survey measures employee opinions about their company's direction, execution, management, work, pay, benefits and engagement. Employers are placed into one of four groups: small, with 99 or fewer employees; midsize, with 100 to 249 workers; large, with 250 to 999; and largest, with 1,000 or more.
Adam Portnoy, President and Chief Executive Officer of RMR, made the following statement:
“We’re proud to be recognized as a Top Place to Work by The Boston Globe and thank our employees for their commitment and support. At our foundation is a talented, entrepreneurial team that has propelled our growth in assets under management from $12 billion to $32 billion over the last decade. As one of the country’s leading alternative asset managers, we are focused on attracting and retaining top talent, building an inclusive culture, and providing a challenging, innovative workplace.”
This recognition follows several recent honors from industry, media and government organizations for RMR and the client companies it manages. In 2020, RMR was recognized by Boston Business Journal as the “Fastest Growing Middle Market Company in Massachusetts,” by Commercial Property Executive as 9th in its list of Top Commercial Property Management Companies and by the U.S. EPA as an “ENERGY STAR Partner of the Year” for the second consecutive year. Last year, RMR achieved the 75th place ranking on Fortune magazine’s 100 Fastest-Growing Companies list for 2019 and also received the Real Estate Management Excellence (REME) Award for Employee & Leadership Development from the Institute of Real Estate Management (IREM).
About The RMR Group Inc.
The RMR Group LLC, or RMR, is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. It conducts substantially all business for its parent company, The RMR Group Inc. (Nasdaq: RMR). RMR’s vertical integration is strengthened by more than 600 real estate professionals in over 30 offices nationwide who manage $32 billion in assets under management and leverage more than 30 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its client companies. Recently, RMR has been recognized by The Boston Globe as a “Top Place to Work,” by Fortune magazine as one of the “100 Fastest Growing Companies,” by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year,” by Boston Business Journal as the “Fastest Growing Middle Market Company in Massachusetts” and ranked 9th on Commercial Property Executive’s Top Commercial Property Management Companies. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com. Follow RMR on LinkedIn and on Twitter @The_RMR_Group.
Christopher Ranjitkar
Senior Director, Marketing & Corporate Communications
(617) 219-1473
DUBLIN--(BUSINESS WIRE)--The "Global Crude Oil Flow Improvers Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The crude oil flow improvers market is poised to grow by $ 259.80 mn during 2020-2024 progressing at a CAGR of 3% during the forecast period.
The market is driven by the shift from shallow to deep-water exploration and increase in demand for crude oil from developing countries.
The reports on crude oil flow improvers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
This study identifies the growth in oil and gas industry as one of the prime reasons driving the crude oil flow improvers market growth during the next few years. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crude oil flow improvers market vendors that include Baker Hughes Co., BASF SE, Clariant International Ltd., Croda International Plc, Dorf Ketal Chemicals (I) Pvt. Ltd., Dow Inc., Evonik Industries AG, Infineum International Ltd., Schlumberger Ltd., and The Lubrizol Corp..
Also, the crude oil flow improvers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
For more information about this report visit https://www.researchandmarkets.com/r/8t7mfp
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Seafreight Forwarding - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Seafreight Forwarding Market to Reach 72 Million TEUs by 2027
Amid the COVID-19 crisis, the global market for Seafreight Forwarding estimated at 64 Million TEUs in the year 2020, is projected to reach a revised size of 72 Million TEUs by 2027, growing at a CAGR of 1.7% over the analysis period 2020-2027.
Packaging, one of the segments analyzed in the report, is projected to record a 1.6% CAGR and reach 30.3 Million TEUs by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Documentation segment is readjusted to a revised 1.3% CAGR for the next 7-year period.
The U. S. Market is Estimated at 17.3 Million TEUs, While China is Forecast to Grow at 3.3% CAGR
The Seafreight Forwarding market in the U. S. is estimated at 17.3 Million TEUs in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 13.8 Million TEUs by the year 2027 trailing a CAGR of 3.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.6% CAGR.
Transportation & Warehousing Segment to Record 2.1% CAGR
In the global Transportation & Warehousing segment, USA, Canada, Japan, China and Europe will drive the 1.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of 10.6 Million TEUs in the year 2020 will reach a projected size of 11.9 Million TEUs by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 9.6 Million TEUs by the year 2027, while Latin America will expand at a 2.8% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/cuokvd
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LONDON--(BUSINESS WIRE)--#GlobalSmartWirelessPropaneTankMeterMarket--Technavio has been monitoring the smart wireless propane tank meter market and it is poised to grow by USD 11.16 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the smart wireless propane tank meter market. The market growth in 2020 is likely to increase compared to market growth in 2019.
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Global Space Heaters Market: The space heaters market size has the potential to grow by USD 948.09 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. AMETEK Inc., DataOnline Corp., Generac Power Systems Inc., Metromatics Pty Ltd., Monnit Corp., Mopeka Products LLC, Schmitt Industries Inc., Schneider Electric SE, Superior Plus Corp., and Tank Utility Inc. are some of the major market participants. Improved operational efficiency will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this smart wireless propane tank meter market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Smart Wireless Propane Tank Meter Market 2020-2024: Segmentation
Smart Wireless Propane Tank Meter Market is segmented as below:
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Smart Wireless Propane Tank Meter Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart wireless propane tank meter market report covers the following areas:
This study identifies the introduction of new products with innovative features as one of the prime reasons driving the smart wireless propane tank meter market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Smart Wireless Propane Tank Meter Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
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Cascade Energy Storage Project located outside of Stockton will provide critically needed capacity and reliability, helping to manage state’s rapidly expanding renewable generation resources beginning in 2022
HOUSTON--(BUSINESS WIRE)--Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired the 25-megawatt (MW)/100-megawatt-hour (MWh) front-of-the-meter Cascade Energy Storage project located outside of Stockton, Calif. from a subsidiary of Enel.
“California’s expansive push towards a carbon free grid, largely through wind and solar generation, makes energy storage a critical component of the grid’s infrastructure. Cascade marks the first of several projects that will allow Broad Reach to help California operate the grid safely and reliably as more renewable generating sources come online,” said Broad Reach Power Vice President of Corporate Development Justin Amirault. “We are excited to be early adopters to help California achieve its important objectives and pleased to have worked closely with an experienced developer like Enel.”
Cascade had been developed by Enel and was selected by PG&E to provide resource adequacy under a 20-year agreement signed in 2017. Broad Reach expects to continue the development and begin construction next year to bring the project online in 2022. The Cascade Energy Storage Project joins Broad Reach Power’s rapidly growing portfolio of battery assets in Texas, where Broad Reach is the leading owner of standalone storage projects in the ERCOT interconnection queue, and across the western United States where the company has more than 700 MW of projects with signed interconnection agreements.
“Similar to our Texas effort, we have built a significant project portfolio in the California ISO over the last year through greenfield development and M&A, and we are pleased to announce the Cascade acquisition to the market,” added Broad Reach Power’s Managing Partner and Chief Executive Officer Steve Vavrik, whose company is backed by leading energy investors EnCap Investments L.P., Yorktown Partners and Mercuria Energy. “In California and other regions of the west where there is similar renewable penetration and increasing power demand, we are on a mission to develop and acquire storage assets in any stage of the development scale.”
“EnCap is bullish on the expanding need for batteries in the power markets and enthusiastic about the growth and performance of Broad Reach Power,” said EnCap Energy Transition Managing Partner Shawn Cumberland. “The EnCap Energy Transition Fund is currently behind approximately 800MW of energy storage projects. We know of no other financial player that has committed as much equity to U.S. battery projects either in operation or under active construction.”
About Broad Reach Power
Broad Reach Power is a utility-scale storage independent power producer (IPP) based in Houston backed by leading energy investors EnCap Investments L.P., Yorktown Partners and Mercuria Energy. The company owns a five gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas which give utilities, generators and customers access to technological insight and tools for managing merchant power risk so they can better match supply and demand. Broad Reach is led by a team comprised of solar, wind and storage experts who have delivered more than four gigawatts of projects and have a combined 80 years of experience in the field. For more information about the company, visit www.broadreachpower.com.
Media Contact:
Morgan Moritz
Pierpont Communications
+ 1 512 448-4950 (O)
+ 1 512 745-2575 (C)
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LONDON--(BUSINESS WIRE)--#AutomotiveEngineOilMarket--The automotive engine oil market is poised to grow by 876.17 million L during 2020-2024, progressing at a CAGR of over 3% during the forecast period.
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The report on the automotive engine oil market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the growing number of vehicles-in-use.
The automotive engine oil market analysis includes type segment and geography landscape. This study identifies the APAC driving market revenue as one of the prime reasons driving the automotive engine oil market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The automotive engine oil market covers the following areas:
Automotive Engine Oil Market Sizing
Automotive Engine Oil Market Forecast
Automotive Engine Oil Market Analysis
Companies Mentioned
Related Reports on Consumer Discretionary Include:
Global Automotive Engine Oil Level Sensor Market: The automotive engine oil level sensor market size has the potential to grow by USD 999.67 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Automotive Camless Engine Market: The automotive camless engine market size has the potential to grow by 8.650 units during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Vehicle Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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CARSON, Calif.--(BUSINESS WIRE)--#266Patent--DMF Lighting, the leader in modular downlighting innovation, announced today that the U.S. Patent and Trademark Office’s Patent Trial and Appeal Board (PTAB or Patent Office) entered judgment in favor of DMF in an inter partes proceeding trial instituted at the request of AMP Plus Inc., d/b/a ELCO Lighting (ELCO) to challenge the validity of DMF’s U.S. Patent No. 9,964,266 (“the ‘266 Patent”). This continues a string of victories by DMF in its litigation against ELCO in the Patent Office and district court that started from ELCO’s improper copying of DMF’s patented DRD2 products.
In August 2018, DMF filed a patent infringement suit against ELCO in the U.S. District Court for the Central District of California in Los Angeles based on ELCO ELL LED products that ELCO copied from DMF’s award-winning DRD2 LED products. In March 2019, the District Court granted DMF’s request for a preliminary injunction against ELCO and all those acting in concert with ELCO that were selling the accused infringing ELCO ELL products. On March 19, 2020, the District Court also granted summary judgment in DMF’s favor, finding that ELCO infringed ‘266 Patent claims, dismissing ELCO’s unenforceability defenses and dismissing most of ELCO’s validity challenges. A trial will be held to determine if ELCO also infringes other additional patent claims and to consider ELCO’s remaining validity challenges that are based on two primary pieces of prior art. That trial has not been scheduled yet due to the COVID-19 pandemic.
In parallel to the District Court case, ELCO also has tried to invalidate the ‘266 Patent claims in the Patent Office based on the same two pieces of prior art at issue in the District Court. On March 17, 2020, the Patent Office ruled in DMF’s favor that ELCO’s validity challenge, based on one piece of prior art, did “not demonstrate a reasonable likelihood that [ELCO] will prevail” as to any patent claims. The Patent Office did grant a trial on the other piece of prior art. On November 19, 2020, the Patent Office issued a judgment in DMF’s favor, ruling that ELCO failed to invalidate any of the 22 challenged patent claims except for one claim.
“We are pleased with the Patent Office decision today, which recognizes the innovative technology of the DRD2,” said Michael Danesh, DMF COO. “DMF invests heavily in research and development to create innovative solutions in lighting.”
DMF Lighting brings a creative approach to lighting and offers industry-leading technology that sets the bar for performance, quality, and flexibility. Every DMF product delivers outstanding performance, reliability and aesthetics. DMF LED lights produce accurate color rendering, smooth dimming, and have low power consumption. Learn more at dmflighting.com.
PR Link: https://bit.ly/DMF_Patent_Prevail
Image: https://bit.ly/DMF_DRD2
DMF Lighting DRD2
DMF Lighting Media Contact:
Carol Campbell, Managing Director
Technology Insider Group
(323)-309-7673
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HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today that there will be no distribution paid for the month ended November 2020 to holders of record as of the close of business on November 30, 2020, as costs, charges and expenses attributable to the Trust’s royalty properties, and applicable reserves, exceeded the revenue received from the sale of oil, natural gas and other hydrocarbons produced from such properties, as reported by the working interest owners.
The Trust was formed to own an overriding royalty interest of the net proceeds attributable to the specified interest in certain producing oil and gas properties located in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado. As described in the Trust's filings, the amount of the monthly distributions is expected to fluctuate from month to month, depending on the proceeds, if any, received by the Trust as a result of production, oil and natural gas prices and the amount of the Trust’s administrative expenses, among other factors. The amount of proceeds, if any, received or expected to be received by the Trust (and its ability to pay distributions to unitholders) has been and will continue to be directly affected, among other things, by the volatility in commodity prices. There has been a substantial decrease in oil and natural gas prices in 2020 due in part to significantly decreased demand as a result of the COVID-19 pandemic and an oversupply of crude oil. Oil and natural gas prices could remain low for an extended period of time, which in turn could have a material adverse effect on Trust distributions. Continued low oil and natural gas prices, among other things, will reduce proceeds to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders.
This press release contains forward-looking statements. No assurances can be given that the expectations contained in this press release will prove to be correct. The working interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and payments to the Trust for the related royalty. The Trustee cannot assure that errors or adjustments or expenses accrued by the working interest owners, whether historical or future, will not affect future royalty income and distributions by the Trust. Other important factors that could cause these statements to differ materially include delays in actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, declines in commodity pricing, and other factors described in the Trust’s Form 10-K for the year ended December 31, 2019 under “Part I, Item 1A. Risk Factors,” the Trust’s Form 10-Q for the quarter ended March 31, 2020 under “Part II, Item 1A. Risk Factors,” the Trust’s Form 10-Q for the quarter ended June 30, 2020 under “Part II, Item 1A. Risk Factors” and the Trust’s Form 10-Q for the quarter ended September 30, 2020 under “Part II, Item 1A. Risk Factors.” Statements made in this press release are qualified by the cautionary statements made in such risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release..
Mesa Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
713-483-6020
http://mtr.investorhq.businesswire.com/
Company partners with GE Energy Financial Services, BHE Renewables and GE Renewable Energy
The project successfully closes and funds tax equity financing
Repower enhances life of legacy Texas wind assets, increasing capacity to 146 MW
DALLAS--(BUSINESS WIRE)--Leeward Renewable Energy, LLC (“Leeward”) today announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. GE Energy Financial Services and BHE Renewables provided tax equity financing.
The Sweetwater 3 repower replaced and enhanced major existing components of 90 legacy GE Renewable Energy wind turbines resulting in increased capacity, reliability and performance, and reduced operating cost. The repowering of major components within the turbines will increase Annual Energy Production by double digits.
“We are pleased to complete the repowering and financing of our Sweetwater 3 wind farm and have been fortunate to work alongside the teams at GE Renewable Energy, and our financial partners GE Energy Financial Services and BHE Renewables, to bring a combination of reliable technology, high-quality equipment, and industry leading financing to this project,” said Leeward Renewable Energy Chief Financial Officer Chris Loehr.
Sweetwater 3 will continue to provide clean, renewable energy to its offtake partner, San Antonio-based CPS Energy, under its long-term power purchase agreement. Leeward designed the construction process to allow it to provide continuous delivery throughout.
“We commend the teams for the successful and safe completion of this project, particularly with the added complications we have faced in light of COVID-19,” said Leeward Renewable Energy Vice President, Engineering, Procurement & Construction Sam Mangrum. “This is an exciting milestone for Leeward, as we continue modernizing our legacy assets, as well as developing, operating, and owning new wind, solar and energy storage assets.”
Sweetwater 3, one of Leeward’s original wind farms, has been operating since 2005. Through the repowering, the wind farm’s capacity will increase from 135 megawatts to roughly 146 megawatts, utilizing the same number of turbines and footprint. With the newly repowered project, Sweetwater 3 will also provide significant additional benefits to Nolan County through an increased tax base, supporting school districts, hospitals, and local infrastructure.
About Leeward Renewable Energy, LLC
Leeward Renewable Energy is a growth-oriented renewable energy company that owns and operates a portfolio of 21 wind farms across nine states, with 20 in operation and one under construction, totaling approximately 2,000 megawatts of generating capacity. Leeward is actively developing new wind, solar, and energy storage projects in energy markets across the U.S. Leeward is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada's largest defined benefit pension plans with C$109 billion in net assets (as at December 31, 2019). For more information, visit www.leewardenergy.com.
Kelly Kimberly
Sard Verbinnen & Co.
713.822.7538
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MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) announced today that its board of directors has declared a quarterly cash dividend of $0.10 per share payable on January 5, 2021 to shareholders of record on December 11, 2020.
About World Fuel Services Corporation
Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management solutions to commercial and industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.
For more information, call 305-428-8000 or visit www.wfscorp.com.
Ira M. Birns,
Executive Vice President &
Chief Financial Officer
Glenn Klevitz,
Vice President & Treasurer
305-428-8000
HOUSTON--(BUSINESS WIRE)--#NGLFrac--S&B today announced the successful, on-time completion of two NGL fractionation plants for Phillips 66. The plants have a combined capacity of 300,000 barrels per day (BPD), quadrupling the processing capacity at the Phillips 66 Sweeny Hub.
“The successful completion of this project is due to our team and the partnership we created with Phillips 66 throughout the entire process,” said David Taylor, COO of S&B Engineers and Constructors. “Planning, designing, and building a large-scale plant, such as this, takes a significant amount of time and effort. Phillips 66 trusted our processes, procedures and workflows, which created an environment that allowed us all to succeed.”
The on-time mechanical completion of this project has increased significance because peak construction occurred at a time when COVID-19 cases were rising in the United States.
“Safety is our number one value at S&B,” said Taylor. “With 2,000 people working on site, we took precautions early to ensure the safety of our team members. Mandates for face coverings, staggered lunches and buses, social distancing, and compliance auditing were all important protocol changes that our team members had to accommodate to keep each other safe.”
In the last five years, S&B has designed and built 13 NGL fractionation plants. With the completion of this project S&B has now designed and installed more than 2 million BPD of NGL fractionation capacity for its clients.
This project added the second and third fractionation plants to the original first train built for Phillips 66. All three plants were executed contractually lump sum in the Phillips 66 Sweeny Hub in Old Ocean, Texas.
To learn more about the project visit: https://www.phillips66.com/newsroom/2020-fracs-2-3.
About S&B Engineers and Constructors, Ltd.
S&B Engineers and Constructors, Ltd. is one of the leading engineering, procurement, and construction firms in the United States, with more than 50 years of experience. S&B designs and builds world-scale projects in NGL fractionation, refining, petrochemicals, polymers, export terminals and pipelines. For more on S&B, visit www.sbec.com or Linkedin.
Lindsay Szeszycki, Director of Communications
S&B Engineers and Constructors, Ltd.
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518.879.2101
LONDON--(BUSINESS WIRE)--#GlobalHighPressureOilandGasSeparatorMarket--The high-pressure oil and gas separator market is poised to grow by USD 134.54 million during 2020-2024, progressing at a CAGR of about 1% during the forecast period.
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The report on the high-pressure oil and gas separator market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by a rise in unconventional oil and gas resources.
The high-pressure oil and gas separator market analysis includes vessel type and geography landscape. This study identifies the rise in global oil and gas consumption as one of the prime reasons driving the high-pressure oil and gas separator market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The high-pressure oil and gas separator market covers the following areas:
High-Pressure Oil and Gas Separator Market Sizing
High-Pressure Oil and Gas Separator Market Forecast
High-Pressure Oil and Gas Separator Market Analysis
Companies Mentioned
Related Reports on Energy Include:
Global Oil and Gas Separators Market: The oil and gas separators market size has the potential to grow by $ 298.61 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in the year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Vessel type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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DUBLIN--(BUSINESS WIRE)--The "Virtual Pipeline Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Virtual Pipeline Systems Market to Reach $1.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Virtual Pipeline Systems estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027.
Industrial, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$917.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Transportation segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
The U.S. market is estimated at $350.3 Million, While China is Forecast to Grow at a 4.5% CAGR
The Virtual Pipeline Systems market in the U.S. is estimated at US$350.3 Million in the year 2020. China, the world`s second-largest economy, is forecast to reach a projected market size of US$291.5 Million by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
Commercial & Residential Segment to Record 4.3% CAGR
In the global Commercial & Residential segment, USA, Canada, Japan, China, and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$262.7 Million in the year 2020 will reach a projected size of US$353.6 Million by the close of the analysis period.
China will remain among the fastest-growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$189.3 Million by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy-side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/meqw8j
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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LONDON--(BUSINESS WIRE)--#GalvanizedPipeFittingMarket--The global galvanized pipe fitting market size is poised to grow by USD 1.31 billion during 2020-2024, progressing at a CAGR of almost 8% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
The rising demand from the water and wastewater industry is one of the key factors that will drive the growth of the global galvanized pipe fitting market during this forecast period. Water is a vital element in manufacturing industries such as food and beverage, pharmaceuticals, and pulp and paper. Governments of most countries across the world are focusing on the setting up of new water treatment plants and renovating the aging water treatment plants. These factors coupled with the drying of freshwater resources are projected to increase the installation of water and wastewater treatment plants around the world, which in turn, will result in the growth of the galvanized pipe fitting market during the forecast period.
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The rise in the deep-water and ultra-deepwater project will be a Key Market Trend
Market players are making developmental efforts in the field of oil and gas industry due to the exhaustion of the available oil resources and the high dependence of the global economy on fossil fuels. This has led to the increasing need for exploration and extraction activities in deep-water and ultra-deep-water exploration operations. These developments will boost the demand for galvanized pipe fittings during the forecast period.
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Galvanized Pipe Fitting Market 2020-2024: Key Highlights
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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