Cold Thermal Energy Storage Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The swellable packers market is expected to witness healthy growth over the forecast period. It is mainly because of the efficacy of swellable packers as an annular barrier during multistage fracture treatment of oil and gas reservoirs. In addition, swelling packers have served to be effective in conjunction with sliding sleeves and plug and perf operations during multistage fracture treatment. Technological advancements in swellable packers also serve to provide a boost to the swellable packers market. Growing oil consumption and rising demand from the oil and gas industry are key drivers for the growth of the Swellable Packers market.
MARKET SCOPE
The "Global Swellable Packers Market Analysis to 2031" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on global market trend analysis. The report aims to provide an overview of the swellable packers market with detailed market segmentation by product type, swell type, application, and geography. The global swellable packers market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading swellable packers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global swellable packers market is segmented by product type, swell type and application.
MARKET DYNAMICS
Drivers:
- Technological advancements in swellable packers also serve to provide a boost to the swellable packers market.
- However, the rising focus on renewable energy sources impedes the market's growth over the forecast period.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.
IMPACT OF COVID-19
The COVID-19 pandemic has greatly impacted nearly every industry vertical globally. Various industries, including the energy and power sector, experienced several disruptions owing to stringent containment measures enforced by governments. Additionally, the nationwide shutdown in most countries observed weakened demand from shopping malls, hotels, and other places. Manufacturers also experienced numerous roadblocks due to a temporary closure in production activities, increased production costs, and lower ROI. In recent events, in December 2019, US-based ConocoPhillips acquired stakes in the shale oil-rich Permian Basin from Royal Dutch Shell Plc for USD - 5 billion. The acquired assets include 600 miles of operated oil, natural gas, water pipelines, and other energy infrastructure. Additionally, with rapid urbanization in emerging markets and growing investment in new drilling contracts, the adoption & demand for Swellable Packers is likely to increase the market growth during the forecast period. However, the rising focus on renewable energy sources impedes the market's growth over the forecast period. Thereby, it helps the market to recover from the covid-19 disruptions to some extent.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.
IMPACT OF COVID-19
The COVID-19 pandemic has greatly impacted nearly every industry vertical globally. Various industries, including the energy and power sector, experienced several disruptions owing to stringent containment measures enforced by governments. Additionally, the nationwide shutdown in most countries observed weakened demand from shopping malls, hotels, and other places. Manufacturers also experienced numerous roadblocks due to a temporary closure in production activities, increased production costs, and lower ROI. In recent events, in December 2019, US-based ConocoPhillips acquired stakes in the shale oil-rich Permian Basin from Royal Dutch Shell Plc for USD - 5 billion. The acquired assets include 600 miles of operated oil, natural gas, water pipelines, and other energy infrastructure. Additionally, with rapid urbanization in emerging markets and growing investment in new drilling contracts, the adoption & demand for Swellable Packers is likely to increase the market growth during the forecast period. However, the rising focus on renewable energy sources impedes the market's growth over the forecast period. Thereby, it helps the market to recover from the covid-19 disruptions to some extent.
MARKET PLAYERS
The reports cover key developments in the swellable packers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from swellable packers market are anticipated to lucrative growth opportunities in the future with the rising demand for swellable packers in the global market. Below mentioned is the list of few companies engaged in the swellable packers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the swellable packers market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, the key development in the past five years.
- Weatherford
- The Weir Group PLC
- Schlumberger Limited
- TAM International, Inc.
- Halliburton
- Elite Elastomers Inc.
- ACC Corporate
- Reactive Downhole Tools
- Baker Hughes Company (GE)
- Nine Energy Service
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cold Thermal Energy Storage Market - By Application
1.3.2 Cold Thermal Energy Storage Market - By Region
1.3.2.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COLD THERMAL ENERGY STORAGE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. COLD THERMAL ENERGY STORAGE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. COLD THERMAL ENERGY STORAGE MARKET - GLOBAL MARKET ANALYSIS
6.1. COLD THERMAL ENERGY STORAGE - GLOBAL MARKET OVERVIEW
6.2. COLD THERMAL ENERGY STORAGE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. COLD THERMAL ENERGY STORAGE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. BUILDING
7.3.1. Overview
7.3.2. Building Market Forecast and Analysis
7.4. INDUSTRIAL
7.4.1. Overview
7.4.2. Industrial Market Forecast and Analysis
8. COLD THERMAL ENERGY STORAGE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Cold Thermal Energy Storage Market Overview
8.1.2 North America Cold Thermal Energy Storage Market Forecasts and Analysis
8.1.3 North America Cold Thermal Energy Storage Market Forecasts and Analysis - By Application
8.1.4 North America Cold Thermal Energy Storage Market Forecasts and Analysis - By Countries
8.1.4.1 United States Cold Thermal Energy Storage Market
8.1.4.1.1 United States Cold Thermal Energy Storage Market by Application
8.1.4.2 Canada Cold Thermal Energy Storage Market
8.1.4.2.1 Canada Cold Thermal Energy Storage Market by Application
8.1.4.3 Mexico Cold Thermal Energy Storage Market
8.1.4.3.1 Mexico Cold Thermal Energy Storage Market by Application
8.2. EUROPE
8.2.1 Europe Cold Thermal Energy Storage Market Overview
8.2.2 Europe Cold Thermal Energy Storage Market Forecasts and Analysis
8.2.3 Europe Cold Thermal Energy Storage Market Forecasts and Analysis - By Application
8.2.4 Europe Cold Thermal Energy Storage Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Cold Thermal Energy Storage Market
8.2.4.1.1 Germany Cold Thermal Energy Storage Market by Application
8.2.4.2 France Cold Thermal Energy Storage Market
8.2.4.2.1 France Cold Thermal Energy Storage Market by Application
8.2.4.3 Italy Cold Thermal Energy Storage Market
8.2.4.3.1 Italy Cold Thermal Energy Storage Market by Application
8.2.4.4 United Kingdom Cold Thermal Energy Storage Market
8.2.4.4.1 United Kingdom Cold Thermal Energy Storage Market by Application
8.2.4.5 Russia Cold Thermal Energy Storage Market
8.2.4.5.1 Russia Cold Thermal Energy Storage Market by Application
8.2.4.6 Rest of Europe Cold Thermal Energy Storage Market
8.2.4.6.1 Rest of Europe Cold Thermal Energy Storage Market by Application
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Cold Thermal Energy Storage Market Overview
8.3.2 Asia-Pacific Cold Thermal Energy Storage Market Forecasts and Analysis
8.3.3 Asia-Pacific Cold Thermal Energy Storage Market Forecasts and Analysis - By Application
8.3.4 Asia-Pacific Cold Thermal Energy Storage Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Cold Thermal Energy Storage Market
8.3.4.1.1 Australia Cold Thermal Energy Storage Market by Application
8.3.4.2 China Cold Thermal Energy Storage Market
8.3.4.2.1 China Cold Thermal Energy Storage Market by Application
8.3.4.3 India Cold Thermal Energy Storage Market
8.3.4.3.1 India Cold Thermal Energy Storage Market by Application
8.3.4.4 Japan Cold Thermal Energy Storage Market
8.3.4.4.1 Japan Cold Thermal Energy Storage Market by Application
8.3.4.5 South Korea Cold Thermal Energy Storage Market
8.3.4.5.1 South Korea Cold Thermal Energy Storage Market by Application
8.3.4.6 Rest of Asia-Pacific Cold Thermal Energy Storage Market
8.3.4.6.1 Rest of Asia-Pacific Cold Thermal Energy Storage Market by Application
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Cold Thermal Energy Storage Market Overview
8.4.2 Middle East and Africa Cold Thermal Energy Storage Market Forecasts and Analysis
8.4.3 Middle East and Africa Cold Thermal Energy Storage Market Forecasts and Analysis - By Application
8.4.4 Middle East and Africa Cold Thermal Energy Storage Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Cold Thermal Energy Storage Market
8.4.4.1.1 South Africa Cold Thermal Energy Storage Market by Application
8.4.4.2 Saudi Arabia Cold Thermal Energy Storage Market
8.4.4.2.1 Saudi Arabia Cold Thermal Energy Storage Market by Application
8.4.4.3 U.A.E Cold Thermal Energy Storage Market
8.4.4.3.1 U.A.E Cold Thermal Energy Storage Market by Application
8.4.4.4 Rest of Middle East and Africa Cold Thermal Energy Storage Market
8.4.4.4.1 Rest of Middle East and Africa Cold Thermal Energy Storage Market by Application
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Cold Thermal Energy Storage Market Overview
8.5.2 South and Central America Cold Thermal Energy Storage Market Forecasts and Analysis
8.5.3 South and Central America Cold Thermal Energy Storage Market Forecasts and Analysis - By Application
8.5.4 South and Central America Cold Thermal Energy Storage Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Cold Thermal Energy Storage Market
8.5.4.1.1 Brazil Cold Thermal Energy Storage Market by Application
8.5.4.2 Argentina Cold Thermal Energy Storage Market
8.5.4.2.1 Argentina Cold Thermal Energy Storage Market by Application
8.5.4.3 Rest of South and Central America Cold Thermal Energy Storage Market
8.5.4.3.1 Rest of South and Central America Cold Thermal Energy Storage Market by Application
9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
10. COLD THERMAL ENERGY STORAGE MARKET, KEY COMPANY PROFILES
10.1. CALMAC
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. BALTIMORE AIRCOIL COMPANY
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. VOGT ICE LLC
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. NOSTROMO ENERGY
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. BEKA HEIZ- UND KüHLMATTEN GMBH
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. TRANE
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. VIKING COLD SOLUTIONS, INC.
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. NETENERGY
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. EVAPCO, INC.
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. ENERGIVAULT
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments
10.11. OMEGA THERMO PRODUCTS
10.11.1. Key Facts
10.11.2. Business Description
10.11.3. Products and Services
10.11.4. Financial Overview
10.11.5. SWOT Analysis
10.11.6. Key Developments
10.12. FULLWOOD PACKO GROUP
10.12.1. Key Facts
10.12.2. Business Description
10.12.3. Products and Services
10.12.4. Financial Overview
10.12.5. SWOT Analysis
10.12.6. Key Developments
10.13. KILKENNY COOLING SYSTEMS
10.13.1. Key Facts
10.13.2. Business Description
10.13.3. Products and Services
10.13.4. Financial Overview
10.13.5. SWOT Analysis
10.13.6. Key Developments
10.14.
10.14.1. Key Facts
10.14.2. Business Description
10.14.3. Products and Services
10.14.4. Financial Overview
10.14.5. SWOT Analysis
10.14.6. Key Developments
11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
1. CALMAC
2. Baltimore Aircoil Company
3. Vogt Ice LLC
4. Nostromo Energy
5. BeKa Heiz- und Kühlmatten GmbH
6. Trane
7. Viking Cold Solutions, Inc.
8. NETenergy
9. EVAPCO, Inc.
10. EnergiVault
11. Omega Thermo Products
12. Fullwood Packo Group
13. Kilkenny Cooling Systems
14.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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