Industrial Sector to Emerge as Promising End User for Membrane Bioreactor Systems

Owing to their higher efficiency in treating wastewater and industrial discharges as compared to conventional waste discharge treatment methods such as activated sludge systems, membrane bioreactors are rapidly replacing the latter across a vast number of application areas globally. Rising global population and the increased demand for adequate quantities of clean and fresh water, the demand for membrane bioreactor systems across the wastewater treatment sector has seen a vast rise in the past few years.

Transparency Market Research states that the global membrane bioreactor systems (MBR) market will exhibit an impressive 14.5% CAGR over the period between 2013 and 2019. Expanding at this pace, the market, which held an opportunity of US$963.8 mn in 2012, is expected to rise to US$2,506.1 mn by 2019.

In this blog post, Transparency Market Research analysts uncover some of the key facts and trends in the global membrane bioreactor systems market:

Which is the most influential regional market for membrane bioreactor systems presently?

Asia Pacific is presently the dominant regional market for membrane bioreactor systems, contributing 38% of the global market’s overall revenues in 2012. The key factors behind Asia Pacific’s dominant stance in the global membrane bioreactor systems market include the vast pace of urbanization and industrialization, which is leading to the vast rise in waste water production, and the rising awareness regarding the need to reclaim waste water. 

The high urbanization rates in countries such as India and China have especially proved to be significant for the increased demand for clean water for agricultural and domestic purposes. This has bolstered the need for effective waste water treatment systems across industrial and municipal setups in the region, thus driving the membrane bioreactor system market. Enactment of several regulations and provision of subsidies have also helped in augmenting the overall growth prospects of the membrane bioreactor systems market in the region.

Membrane bioreactor systems are most prominently used in the municipal sector. Is the industrial sector lagging behind in exploiting this wastewater treatment technology?

It is true that out of the two broad end-use segments for the membrane bioreactor system market – municipal wastewater treatment and industrial wastewater treatment, the municipal sector is presently the largest contributor to the global market’s revenues. Nevertheless, the industrial sector is also increasingly adopting effective ways of recycling, reusing, or properly discarding wastewater that is generated every day across innumerous operations. Several strict environment-related regulations have necessitated the increased focus on effective treatment and reuse of industrial wastewaters. Apart from this, several companies are also undertaking increased efforts to efficiently and sustainably use water as a part of their corporate social responsibility missions.

The oil and gas refinery industry involves a vast range of extremely water-intensive processes and operations. Thus, companies in the field are under huge pressure to adopt effective water treatment technologies such as membrane bioreactor systems and are positively reacting to the scenario. Recently, the Canadian oil refinery Federated Co-Operatives Limited, located in Regina, Saskatchewan, Canada, has announced that it is planning to install GE Water’s advanced membrane bioreactor and reverse osmosis (RO) systems for a wastewater improvement project. The advanced water recycling technologies will allow the refinery to treat 100% of the wastewater generated onsite.

Supportive Government Policy Frameworks to Boost Adoption of Wave and Tidal Energy Power Plants

The ocean can prove to be one of the largest reserves of clean, sustainable energy thanks to more efficient ways of harnessing wave and tidal energy. Since wave and tidal power plants are still a relatively new technology, they provide ample scope for growth or development. These power plants enable power generation even in remote locations where grid connections are not feasible. The global wave and tidal energy market also receives strong support by governments worldwide. Several countries now have well-defined government policy frameworks and incentive schemes that encourage the adoption of these power plants.

According to a report published by Transparency Market Research (TMR), the global wave and tidal energy market was valued at US$497.7 mn in 2014 and is projected to reach US$11,345.0 mn by 2024, expanding at a whopping CAGR of 23.2% between 2016 and 2024.

TMR analysts address three important questions that companies operating in the wave and tidal energy market have:

Q. Which regions will hold lucrative opportunities in the market?

Major developments in wave and tidal stream plants are expected to occur in Europe. South Korea is expected to witness massive growth in terms of tidal barrage operations. Wave energy development will be high in Australia in the Asia Pacific region. Commercialization of this technology to its fullest extent is expected to create a huge scope for growth in the market. 

Q. What are the challenges hampering the adoption of wave and tidal power plants?

The high capital investment required for the infrastructure and installment of wave and tidal power plants is a major problem. The low maturity of this technology is another major factor dampening the lack of deployment of wave and tidal power plants.

A lack of funding channels is also impeding the market’s growth. A case in point would be Pelamis Wave Power Ltd. The company failed to secure the funding required for the development of wave energy technology in November 2014, as per reports. The company which developed P1, the world’s first offshore wave power converter to generate electricity into a national grid, is unable to further develop their product owing to insufficient funds.

Q. What are the recent developments in the global wave and tidal energy market?

Aquamarine Power Ltd. and the National University of Ireland, Maynooth have collectively secured an €800,000 EU Horizon 2020 grant to improve the performance of Oyster, a wave energy converter. The new program will enable researchers to explore ways to optimize the energy capture and the economic performance of Oyester, which is developed by Aquamarine Power.

In July 2016, wave energy developer Carnegie Wave Energy Limited announced the successful commissioning and deployment of a wave monitoring buoy in the South coast of Mauritius. Atlantis, a company based in Singapore, has entered into an agreement with SBS Intl Ltd. for the development of a 150MW tidal stream site in Indonesia. The plant is expected to be the first commercial scale tidal array in South East Asia.

Such successful deployments of wave and tidal stream plants are expected to continue to ensure the growth of the market and increase the deployment of these plants. 

Abundance of Raw Materials to Make Asia Pacific Most Promising White Biotechnology Market

In recent times, the global white biotechnology have gained significant impetus owing to the growing awareness regarding the numerous benefits of the eco-friendly products manufactured using the white biotechnology. This technology is widely used in the energy sector owing to the growing demand for bioenergy in developed countries. The white biotechnology has also proved to be a great aid in replacing applications that completely depended on the use of non-renewable energy sources. In addition, the rising concerns regarding hazardous emissions has increased the implementation of white biotechnology across the energy sector.

Increasing Government Funding for R&D Activities in White Biotechnology to Fuel Action

Governments across the globe are consistently increasing their concerns regarding harmful emissions. They are promoting the adoption of greener technologies such as white biotechnology, which will give a significant boost to the global white biotechnology market. The enormous environment-related benefits pertaining to the use of white biotechnology has led to the increase in research and development activities funded by industries as well as government bodies in the recent times. Several governments worldwide are allocating substantial funds for the implementation of the white biotechnology across various industries. Various organizations are also shifting their imperative focus towards biofuel, which is also a product of the field of white biotechnology. This shift is likely to reduce the dependence on oil and gas.

Increasing Demand for Green Product Puts North America in Leading Position

Geographically, North America presently holds the most prominent position. The substantial budgets allocated by the government for research and development in the field of white biotechnology and rising demand for green products have fuelled the growth of this regional market. Moreover, the growth of this region can be attributed to increasing implementation of white biotechnology across various industries such as food, energy, feed, and pharmaceuticals.

However, the Asia Pacific is anticipated to grow at a noteworthy growth rate between 2016 and 2024 owing to the growing demand for renewable resources across emerging economies in the region. The abundant availability of raw materials required to manufacture white biotechnology products will attract players to operate in this regional market.

Rapid Infrastructural Development in Asia Pacific and Latin America to Encourage Adoption of Energy-efficient Lighting

The global energy-efficient lighting market has gained significant momentum from warehouse owners looking for solutions that could reduce their energy consumptions and save them on costs. In comparison to conventional incandescent lighting systems, advanced and smart lighting solutions such as CFL and LED provide better efficiency, increased safety, and cost savings. The demand for energy-efficient warehouse lighting has grown with their increasing application in cooling and ventilation, lighting, refrigeration, material handling, and others applications in warehouses.  However, undefined technology issues and high initial investments are likely to hamper the growth of the global energy-efficient lighting market.

Government Initiatives to Promote Growth of Energy-efficient Lighting Market

Governments across the globe are introducing and implementing energy-saving policies. To put this in perspective, the U.S. government has imposed a ban on the use of conventional incandescent lighting in the warehouses. The government has also promised to give manufacturers utility rebates. Moreover, the implementation of Energy Performance Certificates in several European Countries have compelled warehouse owners to use energy-efficient lightings. Such measures are anticipated to give the global energy-efficient lighting market a significant push in the forthcoming years.

Energy-efficient Lighting Vendors to Shift Focus from Developed to Developing Regions

In recent times, the energy-efficient lighting manufacturers have shifted their focus from the developed markets of Europe and North America to developing markets of such as Argentina, China, India, South Africa, and Brazil. The shift can be attributed to favorable government policies, mega-urban projects, and rapid economic growth.

Geographically, Asia Pacific is the leading market. The growing inclination towards green technologies and rapid industrial growth have stimulated the demand for energy-efficient lightings in the APAC region. Major investments in the leading lighting technologies have made China, South Korea, and Japan prominent markets in this region. However, Latin America will grow at an impressive CAGR owing to a rapid improvement in trade policies, which has escalated the infrastructure development in this region.

Inclusion of Smart/Intelligent Sensors Crucial for Enhancing Safety Feature of Automobiles

The use of smart sensors is increasing in a host of industries such as automotive, entertainment, medical, and defense due to the increased utilization of process controls and sensing components for executing logical functions and instructions. For instance, in counter-terrorism applications, some of the uses of smart sensors are for biometrics and cargo tracking among others. In the automotive industry, smart systems are increasingly being deployed as automakers explore ways to address safety concerns.

The use of wireless sensor networks enables remote monitoring and management of critical devices, which helps in better system performance and enhanced decision-making capabilities. On account of these factors, the global smart/intelligent sensors market will display a CAGR of 12.2% between 2013 and 2019, says Transparency Market Research.

Q. What are the major factors fuelling the growth of the smart/intelligent sensors market?

A. First and foremost, the increasing penetration of smartphones and tablets is supporting the growth of the global smart sensors market. This is because smart sensors such as image sensors and touch sensors are being incorporated in smart electronics to provide advanced features than predecessor devices.

In industrial applications, a wireless smart sensor platform enables instrumentation and predictive maintenance within a production area. The increasing application of smart sensors in transportation and logistics and healthcare is also propelling the market’s growth considerably.

Q. What are the demand dynamics for smart sensors in regional markets?

A. Europe displays a significant demand for smart sensors owing to the high healthcare standards, the long-established presence of leading automobile manufacturers such as BMW, Audi, and Renault in the region, and consistent infrastructural development for economic development. Moreover, the increasing demand for advanced medical equipment, changing consumer behavior to own technologically advanced electronics in place of obsolete ones, and demand for advanced features in automobiles for enhancing vehicular safety is propelling the growth of this regional market. Europe exhibited the highest demand for smart sensors globally in 2012.

Q. Is North America a significant market for smart sensors?

A. Yes. The increasing demand for consumer electronics and consistent modernization of healthcare infrastructure have enabled North America to stand as a significant regional market for smart/intelligent sensors. The automotive industry is also supporting the growth of the smart sensors market due to strict regulations for the installation of safety equipment in passenger cars. Other end-use industries such as infrastructure, avionics, and industrial are also contributing to the growth of this regional market.

Q. Which application segment is faring well in the global smart/intelligent sensors market?

A. The automotive sector led the overall market in 2012 and was closely followed by the industrial sector. These sectors are expected to retain their leading positions in the smart/intelligent sensors market in the coming years as well.

Large-scale Incorporation of CAD/CAM Drives Demand for Metrology Services

Metrology services have become more important than ever in today’s digital age, where engineering works not to the nearest millimeter, but the nearest nanometer or micrometer. Accurate measurement services have thus become crucial in the automotive, aerospace, electronics, and other manufacturing industries, resulting in promising growth prospects for the global metrology services market.

According to Transparency Market Research, the global metrology services market was valued at US$448.6 mn in 2012. Exhibiting a sturdy 8.20% CAGR between 2012 and 2018, the market is expected to rise to a valuation of US$720.3 mn.

What is the key driver for the global metrology services market?

The increasing incorporation of computer-assisted design (CAD) and computer-assisted manufacturing processes is a crucial driver for the global metrology services market. While CAD/CAM systems allow for extreme precision in industrial processes, they require a firm set of metrics to be able to provide the expected precision. The use of a top-notch metrology services ensures efficient use of the available resources and consequently optimization of the productivity. Despite the vital need for metrology services, developing in-house metrology services is an expensive task. As a result, metrology services have become more popular as a third-party offering.

The growing incorporation of 3D modeling and 3D printing has also helped the global metrology services massively. 3D modeling and scanning requires perfect measurement, which can be difficult to achieve and maintain manually. 3D printing, which has been developed with the very aim of producing exact copies of the printed object, also requires perfect precision, which necessitates the use of advanced metrology services.

Which is the leading regional segment of the global metrology services market?

Geographically, North America and Asia Pacific are the leading contributors to the global metrology services market. Asia Pacific is home to a booming automotive industry, which makes extensive use of metrology services. The flourishing consumer electronics market in Asia Pacific is also highly conducive to growth of the metrology services market, as the increasing disposable income of consumers in India, China, South Korea, and Japan has made Asia Pacific a leading market for premium smartphones.

On the other hand, North American companies are among the leading producers of metrology services. In the latter half of 2016, Zeiss Industrial Metrology and FARO, two of the leading players in the global metrology services market, announced plans to expand their operations in the North America market, with Zeiss Industrial Metrology announcing the opening of a new metrology services center in Nashville, Tennessee, and FARO announcing the acquisition of BuildIT Software & Solutions Ltd., a leading producer of 3D metrology software. This illustrates the steady growth prospects for the North America market for metrology services in the coming years.

Other key players in the global metrology services market include Renishaw plc, Nikon Metrology Inc., Hexagon AB, Danish Micro Engineering A/S, Optical Metrological Services, Optical Gaging Products Inc., and Trescal SA.

Rising Adoption of Electric Vehicles Leads to Demand for IGBT and Super Junction MOSFET

IGBT (insulated gate bipolar transistor) and super junction MOSFET (metal oxide semiconductor field effect transistor) are crucial power semiconductor devices used in a number of electrical switching applications. Among solid-state transistors, IGBT and MOSFET devices stand out due to their high energy efficiency, flexibility of operation, and low costs. These favorable characteristics have driven the demand for IGBT and MOSFET in industrial operations in recent years.

According to Transparency Market Research, the global IGBT and super junction MOSFET market was valued at US$4.8 bn in 2012 and is likely to rise to US$10.1 bn by the end of 2019. This expected growth represents a CAGR of 11.60% between 2013 and 2019.

What is the key driver for the global IGBT and super junction MOSFET market?

The increasing demand for electric cars is a crucial driver for the global IGBT and super junction MOSFET market. Due to the increasing environmental awareness amongst the global population, electric vehicles have experienced a rapid increase in demand, which is likely to remain a key driver for the IGBT and super junction MOSFET market in the coming years.

The global electric vehicles market reached new highs in 2015, when more than half a million electric vehicles were sold across the world. The number of new purchases of electric vehicles rose 70% between 2014 and 2015, illustrating the rich growth prospects for the electric vehicles market. Key markets for electric cars such as the U.S., China, Japan, the U.K., and Germany are also home to advanced research channels into semiconductors, leading to easy incorporation of IGBT and super junction MOSFET in electric vehicles.

Many countries, including much of Western Europe, Norway, Sweden, China, and the U.S., have approved significant tax exemptions for electric vehicles. The irreplaceable role of IGBT and super junction MOSFET in electric vehicles means this bodes well for the global market. With a robust 21.10% CAGR expected between 2013 and 2019, electric vehicles are the fastest growing application segment of the global IGBT and super junction MOSFET market.

Which is the leading regional segment of the global IGBT and super junction MOSFET market?

Geographically, Asia Pacific is the leading contributor to the global IGBT and super junction MOSFET market. The region’s 2013 share of 39% is expected to rise even further in the coming years thanks to the booming electric vehicles industry in China and the flourishing industrial sector in much of Southeast Asia. The firmly established consumer electronics industry in China, Taiwan, Japan, and South Korea is another key end user of IGBT and super junction MOSFET in Asia Pacific.

China is rapidly emerging as a vital market for electric vehicles on the back of supportive government policies and incorporation of electric vehicles in public transportation. Chinese taxation policies result in an exemption of up to US$10,000 on the purchase of electric vehicles, depending on the type of vehicle. The mounting air pollution problems in China mean the government support to electric vehicles is here to say, which spells good news for the Asia Pacific IGBT and super junction MOSFET market.

The increasing investment in high-speed rail in countries such as China and India is another leading driver for the Asia Pacific IGBT and super junction. The growing interest in solar energy is also crucial for the IGBT and super junction MOSFET market due to the use of IGBT/MOSFET in solar PV units.

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