Friday, July 27, 2018

Discovery of self-healing Diamond-Like Carbon Coatings to secure Asian markets: Ken Research

Diamond-Like Carbon (DLC) has properties of diamond such as high hardness, low friction, resistance to wear, chemical inertness, biological compatibility, electrical insulation, optical transparency, and smoothness. DLC coating is acquiring interest from the past two decades because of its fascinating and commercially essential coating material for various industrial applications. It is used in various industrial applications such as critical engine parts, mechanical face seals, scratch-resistant glasses, invasive and implantable medical devices, micro-electro-mechanical systems, razor blades, and magnetic hard discs. The presence of few elemental species such as hydrogen, nitrogen, sulphur, silicon, titanium, and fluorine are an added advantage to the properties of DLC.

According to the study “Asia Diamond-Like Carbon Coating Industry Situation and Prospects Research report”, DLC possesses tribological properties that depend upon the micro-structure, hydrogen present and ratio of sp2 to sp3 carbon atoms. Pure Diamond-Like Carbon (pure DLC) and mixed Diamond-Like Carbon (mixed DLC) are the two types of Diamond-Like Carbon (DLC). The various deposition methods used in the production DLC are ion beam, sputtering, cathodic arc, pulsed laser deposition, and plasma enhanced chemical vapour deposition. Diamond-Like Carbon (DLC) coatings are used in automotive engine components such as diesel fuel injectors, automotive tappets, rocker arms, differential gears, valve lifters, wrist pins, and door hinges. DLC coatings help increase the life time of automotive engine components by decreasing the coefficient of friction. Additionally, the high load bearing properties of DLC coatings make it an ideal choice for improving the performance of engineered components which prevent leaching of metallic ions in the automotive body parts. It was observed that there is an increase in demand for advanced coatings with high abrasion resistance that are the major drivers in Diamond-Like Carbon (DLC) coating market in Asia.


There is a huge demand for Diamond-Like Carbon (DLC) coatings in medical industry due to high biocompatibility. Biomedical components demand for DLC coatings with exceptionally hard, low friction, and bio-inert characteristics. Diamond-Like Carbon (DLC) coatings in bio-medical sector are used in orthopaedics, cardiovascular components, guide wires, razor blades manufacture, skin wrinkling treatments and others due to its biocompatible nature. Geographically, Asia Diamond-Like Carbon Coating Market is spread across China, India, Korea, Japan, Saudi Arabia and other regions. The leading manufacturers of Asia Diamond-Like Carbon Coating Market are Oerlikon Balzers, IHI Group, CemeCon, Morgan Advanced Materials, Miba Group (Teer Coatings), Acree Technologies, IBC Coatings Technologies, Techmetals, Calico Coatings, Stararc Coating and Creating Nano Technologies.

Asian Diamond-Like Carbon (DLC) coating manufacturers are focusing on the production of hydrogen-free Diamond-Like Carbon (DLC) coating that can be employed in automotive and biomedical applications due to their superior abrasion and wear resistance. Hydrogen-free DLC coatings improve binding with engine oil and result in the formation of a firm ultra-low friction film when special oil additives are added in an automobile. Advanced technologies such as plasma enhanced Carbon Vapour Deposition (CVD) and pulsed laser deposition will surely propel the applications of Diamond-Like Carbon (DLC) coatings in Asian markets.

Micro-Electro-Mechanical Systems (MEMS) technology in electronics sector is expected to witness a steady growth in Diamond-Like Carbon (DLC) coatings market in Asia. Diamond-Like Carbon (DLC) coatings are made up of carbon atoms that may combine with oxygen and emit carbon dioxide intensifying global warming effect. Implementation of stringent regulations on carbon dioxide emissions is likely to hamper the development in Diamond-Like Carbon (DLC) coatings market over the next few years. Additionally, poor adhesion of Diamond-Like Carbon (DLC) coatings onto substrates may adversely affect the Diamond-Like Carbon (DLC) coatings market. With more R&D happening in Diamond-Like Carbon (DLC) coatings market, ultrathin layer coating technologies is anticipated to help the market overcome few of the challenges.

Medical device manufacturers are focusing on adopting greener engineering technologies such as Diamond-Like Carbon (DLC) coatings due to biocompatible properties and can be used in a wide range of temperatures. Introduction of self-healing Diamond-Like Carbon (DLC) coatings, which produces ultra-thin film with high performance characteristics, will surely drive the market in Asia over the next few years.

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India ATM Managed Services Market is Driven by Increasing Penetration of White Label ATMs in Rural Areas Coupled with Growth in Branchless Banking: Ken Research


Increasing number of outdated ATMs has led to surge in demand for latest and upgraded technology driven ATMs which led to expansion of India ATM Managed Services Market. 

Analysts at Ken Research in their latest publication, “India ATM Market Outlook to 2023 – By ATM Supply, Managed Services (ATM Repair, Maintenance and Other Services, Transaction Processing, Cash Reconciliation Statement, Content and Electronic Journal Management) & Cash Management (ATM Replenishment, CIT, CPD) believe that promoting better regulations, setting up biometric ATMs in rural areas and focusing towards hybrid business models will aid the India ATM Managed Services Market.

India ATM Managed Services market is expected to register positive CAGR of around 6.7% during the period FY’2018-FY’2023 in terms of revenue. ATM repair and maintenance along with cash management services will expect to have positive impact on overall revenue generation for the India ATM Managed Services market.
Currently ATMs are majorly concentrated in cities and urban areas, whereas very low penetration was observed in rural areas of the country. As a result of which, it is skewed toward the most developed states: Tamil Nadu, Karnataka and Maharashtra have high ATM penetration, while large but less developed states like Rajasthan, Uttar Pradesh and Bihar are well below the national average in terms of ATM penetration. The Government of India through its various schemes has helped to bridge these gaps and provide broader access to local residents. Efforts towards increasing ATM penetration and to increase the efficiency of existing ATM machines have made India one of the largest markets for ATM deployment in Asia. White Label ATM companies are largely focusing on rural areas as demand for cash is increasing in that area due to Pradhan Mantri Jan-Dhan Yojana (PMJDY) in which people are encouraged to open bank account at zero balance which driven the demand for debit card transactions in rural areas majorly. These entities are increasing the existence of ATM services in rural areas.

As of May 31st, 2017 new RBI circular has mandated banks to upgrade the OS and security feature of non-compliant ATMs. It is reported that majority of the ATMs in India were running on outdated operating systems, thus making them vulnerable to cyber-attacks. Increasing security threats to the cash in ATMs, and the need to improve efficiency in cash handling through improved hardware, has contributed to the replacement demand for ATMs in India. Many cash dispensers are now being replaced with cash recyclers to improve the efficiency in cash replenishment in India.

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South Korea Payments Landscape Market Outlook to 2022: Ken Research

GlobalData's Payments Landscape in South Korea: Opportunities and Risks to 2022, report provides detailed analysis of market trends in South Korea's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, credit transfers, direct debit, payment cards, and cheques during the review-period (2014-18e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018-22f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into South Korea's cards and payments industry, including- Current and forecast values for each market in South Korea's cards and payments industry, including debit and credit cards.

Detailed insights into payment instruments including cash, credit transfers, direct debit, cheques, and payment cards. It also, includes an overview of the country's key alternative payment instruments. E-commerce market analysis. Analysis of various market drivers and regulations governing South Korea's cards and payments industry. Detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.

The emergence of digital-only banks K-Bank and KakaoBank is likely to further accelerate the shift towards electronic payments. The banks were launched in April and July 2017 respectively. Both allow consumers to open bank accounts in-app. Nearly 300,000 new accounts were opened with KakaoBank within 24 hours of its launch, and as of September 2017 the bank had a customer base of 3.9 million. It offers credit loans and overdrafts at a minimum rate of 2.86% per annum-the lowest among the country's banks. Moreover, KakaoBank's debit card does not have an annual fee, unlike many traditional banks. In December 2015, Shinhan Bank launched a mobile-only banking platform, Sunny Bank, allowing individuals to open bank accounts via mobile authentication.

The uptake of alternative payments among South Koreans is gaining traction due to the emergence of solutions such as Samsung Pay, KakaoPay, Naver Pay, and QuickPass. In April 2018, South Korea-based payment solutions provider HAREX InfoTech and Jeju Bank launched a mobile app, UBpay, which allows users to make payments for both in-store and online purchases. Users can pay via a merchant's QR code, a barcode, or contactless. In June 2017, electronics manufacturing company LG launched its mobile payment solution LG Pay. It can be used to make contactless mobile payments, and supports credit cards from Shinhan Card, KB Kookmin Card, BC Card, and Lotte Card.

To reduce the dependence on cash for smaller-value transactions, the Bank of Korea (BOK) (the country's central bank) launched the Coinless Society Project with a pilot in April 2017. This allowed merchants to transfer the remaining balance from the total payment value to a customer's bank account or other electronic payment instrument (such as a prepaid card), instead of returning it as physical money. If successful this initiative will be expanded to include more merchants, helping to drive electronic payments.

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India ATM Market Outlook to 2023-Ken Research


The report titled India ATM Market Outlook to 2023 – By ATM Supply, Managed Services (ATM Repair, Maintenance and Other Services, Transaction Processing, Cash Reconciliation Statement, Content and Electronic Journal Management) & Cash Management (ATM Replenishment, CIT, CPD) provides a comprehensive analysis of India ATM Managed Services market introduction and genesis, market size by revenue, market ecosystem, value chain analysis. The report covers snapshot on India ATM Cash Management Services market, decision making process for India ATM Management Services Market and tender process applicable. The report provides a competition competitive landscape of major ATM Managed Services players including Hitachi Payments, AGS Transact, Diebold Systems, Euronet, EPS, Tata Communications Payment Solution, FIS, FSS, Mphasis Payment Managed Services, NCR, and CMS. Companies which are covered in ATM Cash Management practice include CMS InfoSystem, SIS Prosegur, Brink’s Arya, Writer Safeguard, Securevalue, Logicash and Radiant Cash. In ATM Supply, major companies which are covered include NCR Corporation, AGS Transact, Diebold Systems and Vortex Engineering. The report also covers SWOT analysis, future projections along with analyst recommendation.

Key Target Audiences:-
·         ATM Managed service providers
·         Cash management companies
·         ATM Manufacturers
·         White Label ATM Management companies
·         Public and Private Sector Banks
·         Reserve Bank of India (RBI) and NHB
·         ATM Switch companies
·         Cash Reconciliation Companies
·         Digital Payments Merchants
·         VC & PEs, Investment Bankers
·         Merchant Bankers

Market Overview
India ATM management services market is at a developing stage. The ATM Managed Services Market is moderately fragmented among top 6-7 players which constituted 60-70% of the revenue share though there are number of smaller players existing in the market. These small players have usually positioned themselves into few of ATM service category.

Assessment of India ATM Managed Services Market: Indian government during August, 2014 has initiated the scheme of opening up of bank account at zero balance under PradhanMantri Jan DhanYojana (PMJDY). This led to expansion in the number of transactions performed in an ATM as debit card users in India increased significantly.
RBI passed the law to increase the penetration of ATMs in rural areas of India to meet the desired aim of financial inclusion which further supported the growth of ATM managed service market. Over the span of last five years, the number of ATMs installed has increased positively at a double digit growth rate during the period FY’ 2013 to FY’ 2018. As of 31st March 2018, Over 80% of the ATMs are being outsourced by the banks as Banks observed that outsourcing an off-site ATM is much more cost effective instead of managing them by the banks.

Market Segmentation:
By Type of ATMs: In India, there are four types of ATMs management including Managed Services, Brown label ATMs, ATMs Completely managed by banks and White label ATMs. Brown Label ATMs has been recorded as the second highest number of ATMs; these ATMs are owned by banks and further deployed to ATM management companies for their management.
On the other side, penetration of White label ATMs in India is quiet low as compared to other ATMs operating in the market. White label ATMs in India have penetration majorly in rural areas as government is encouraging non-banking entities to open white label ATMs in rural areas to reduce the shortage of ATMs and financial services in rural areas of the country.

By Service Offering: ATM managed services market incorporates various services such as ATM repair, maintenance, ATM Site Management, Cash management services, Transaction processing, ATM supply, Cash Reconciliation Statement and Content & Electronic Journal Management.
ATM repair and maintenance services such as (FLM, SLM and other services such as ATM deployment, management and operationalization of ATM) have dominated the market in terms of revenue during FY’2018. However, other services (Transaction Processing, ATM Site Management, Cash Reconciliation, Content & Electronic Journal Management) contributed rest of the percentage in revenue generation during FY’ 2018.

Snapshot on India ATM Cash Management Services
Market Size: The current cash management cycle involves cash pick up from bank, cash movement from the bank to the ATMs’ locations, grading, counting, monitoring ATMs for assessing the level of cash in an ATM, and replenishing cash in the machine accordingly. India cash management services market has increased at a double digit CAGR during the period FY’ 2013 -FY’ 2018. Market attained significant growth during the period FY’2013 - FY’ 2016 due to increase in services offered by the cash management companies such as cash vault services, bullion management, cash processing and others.

Market Segmentation by Services: Cash management service companies (CMC) generates highest share of their revenue through ATM replenishment service. CIT contributed third largest share in generating revenue for the cash management companies in the FY’ 2017. However, CIT service turned out to be the second major contributor in terms of revenue share during FY’2018, due to increase in license of new bank branches during the above period. CPD contributed the third largest share in terms of revenue for the cash management companies due to increase in number of retail touch points.

Competition Scenario: The market of Cash Management services in India is moderately concentrated. There are few players which have global presence while some of the players are in plans to expand towards PAN India level. With expected increase in the FDI in the Cash Management market, it is expected that with the entry of new foreign entrants, the market will become more fragmented in the near future. CMS Infosystem, Writer Safeguard, SIS Prosegur, Securevalue, Radiant Cash, Brink’s Arya, Logicash are some of the major players which constitute majority share of the overall Cash Management Market. Out of these players, CMS Infosystem continues to be the market leader for past 4 years.

Competition Scenario:
ATM Supply Management: The market for ATM Supply and deployment companies is highly concentrated with few players constituting more than two-third of the total share. NCR Corporation, AGS Transact, Diebold Nixdorf, Nautilus, Hitachi Payments, Vortex Engineering and Euronet are the major players in the ATM supply and deployment industry. NCR Corporation is the market leader followed by AGS Transact and then by Diebold Nixdorf in terms of revenue generation.

ATM Managed Services Company: The competition stage of the ATM Managed Service market is moderately concentrated with banks and other non- financial entities following a policy of having at least two vendors for the management of their ATM centers and simultaneously having the best combination of technology and cost efficiency. Hitachi Payments, Tata Communication Payments Solution, Electronic Payments and Solutions, AGS Transact, Fidelity Information Services, Financial Software and Systems are the major players in the industry. The market is dominated by Hitachi Payments followed by AGS Transact in terms of revenue generation during FY’2018.

Future Outlook and Projections:
By Revenue: In the next 5 years, ATM managed services market revenue is expected to increase as the country will benefit from the implemented schemes of Financial Inclusion and Jan Dhan Yojana coupled with the increasing awareness among the population of semi-urban and rural areas for the usage of ATMs. There will be an increase in the demand for Managed Services owing to the increase in the number of ATMs in the country especially in the rural areas. The outsourcing of cash recyclers in the future by the banks will give these MSPs another tranche of revenues streams.

Key Topics Covered in the Report:-
·         India ATM Managed Services Market Size (FY’2013-FY’2018)
·         India ATM Managed Services Market Overview
·         India ATM Managed Services Market Segmentation By Type Of ATMs (Managed Services, Brown Label ATM, Managed By Banks, White Label ATMs)
·         India ATM Managed Services market Segmentation By Type Of ATM Machine (Cash Dispensing And Cash Recyclers)
·         India ATM Managed Services Market Segmentation By Service Offerings (ATM Repair And Maintenance, ATM Site Management, Transaction Processing, Cash Reconciliation Statement, Content And Electronic Journal Management )
·         India ATM Managed Services Market Segmentation By Business Model (Fixed Pay Model And Variable Pay Model)
·         India ATM Cash Management Services Market Segmentation By Services  (ATM Replenishment, CIT, CPD And Others)
·         India ATM Managed Services market Ecosystem And Value Chain Analysis
·         Snapshot on India ATM Cash Management Services Market.
·         Decision Making Process And Tender Process Applicable In India ATM Managed Services Market
·         Trend And Developments In India ATM Managed Services Market
·         Issues And Challenges In India ATM Managed Services Market
·         Recent Investment Details (Mergers, Acquisition And Partnerships) In India ATM Managed Services Market
·         Complete Competition Analysis Including Heat Maps & Strength and Weakness Of The Major Companies.
·         Competitive Landscape Of Major Players In India ATM Managed Services Market
·         SWOT Analysis Of India ATM Managed Services Market
·         Future Outlook And Projections Of India ATM Managed Services Market (FY’2018-FY’2023E)

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Elevated Price of Zirconia to Hinder Growth in Asia Dental Zirconia Block Industry: Ken Research

Zirconia is a biomaterial that is evidently used in dental ceramics and is a material of choice in contemporary restorative dentistry. It is used as a structural material for dental bridges, crowns, inserts and implants due to its compatibility, high fracture toughness and radiopacity. The most popular dental ceramics systems are silica, leucite, lithium disilicate, alumina and zirconia based materials. Zirconia is used in the form of zirconium dioxide and is known as ceramic steel. It possesses optimum properties for dental use such as superior toughness, strength, fatigue resistance, excellent wear properties and biocompatibility. Zirconium chemical and physical properties are similar to titanium and are sometimes used together in dental implants, and do not inhibit bone forming cells. Yttria is added to zirconia o form modified Yttria tetragonal zirconia polycrystal which improves physical properties of zirconia.

Zirconium oxide blocks are used by dental milling centres or labs as perfect alternatives to metals for improvement in dental technology and dental art. Dental zirconia blocks comprise of high purity and specifically engineered Yttria stabilizes zirconia powders using advance compaction techniques. Zirconia dental products made from zirconia blocks are bio-compatible and offer best results due to controlled optical and light transmission properties. Dental zirconia blocks used in dental industry removes allergic reactions, poor electrical conductor, and protects against unpleasant hot/cold sensitivity in the mouth.  Dental zirconia blocks are being used for over two decades in medicine, mainly for hip replacements because they consist mainly of minerals which are found in natural bone tissue.

According to the study “Asia Dental Zirconia Block Industry Situation and Prospects Research report”, zirconia in form of zirconium dioxide, is a white coloured crystalline oxide of zirconium. Zirconia in dental medicine is used in tooth crowns for restoration of missing teeth, strengthens weak teeth and prevents tooth decay. Dental zirconium block is available in the form of nanodots, nanofluids, and nanocrystals with a white surface area. It is often coupled with yttrium oxide, or magnesia. Zirconium oxide nanoparticles are used in ceramics, pigments, porcelain glaze, artificial jewellery, abrasives, insulating, enamels and fire-retarding materials.

The leading manufactures in dental zirconia block market in Asia are Dentsply Sirona, Sagemax Bioceramics, 3M ESPE, Kuraray Noritake Dental, Bloomden Bioceramics, Mamut Dental, Zirkonzahn, Ivoclar Vivadent, GC, Pritidenta, Glidewell Laboratories, Aurident, CRYSTAL Zirconia, Aidite, Upcera Dental and Huge Dental. Geographically, dental zirconia block market in Asia is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The developing countries of Asia such as India, Korea, and China are rich in zirconium dioxide resources which will surely create lucrative opportunities for the zirconium dioxide market coupled with innovative technologies in the production of coating, thermal barrier, and dental.

The use of zirconium dioxide (ZrO2) as dental ceramic is used as framework material and is made by grinding zirconia blocks for the fabrication of posterior fixed partial dentures. In Asia dental zirconia block is used in various industries such as dental, automobiles, industrial catalysts, electronics, paints, antifriction materials, fuel cells, aviation engines, jewellery, and ceramics. The major market challenge of dental zirconia block market is the increasing price of zirconia which will surely hinder its growth in the Asian market over the next few years.

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Steel Substitutes To Bolster Asia Deformed Steel Bar Industry : Ken Research


According to the study “Asia Deformed Steel Bar Industry Situation and Prospects Research report”, steel rebar or deformed steel bar or a mesh of steel wires are used in concrete constructions and concrete masonry to provide support to concrete structures. Steel rebars used in construction offers high tensile strength and thermal co-efficient value similar to concrete thermal co-efficient value. It is also the cheapest option that is used for concrete reinforcement structures and buildings. It was observed that there is a decrease in the usage of iron due to increasing mining expenditure and the depletion of iron ores reserves. Therefore, the already available steel scrap is recycled and used in the production of steel. The decreasing average life of automobiles and demolition of older constructions is generating huge quantities of steel scrap.
Steel rod used for reinforcing concrete which possesses surface irregularities, as transverse ridges, to improve the bond is termed as deformed steel bar. They are also know as reinforcing bars or rebar which are used to bind two materials strongly, limits cracks in concrete, avoid slippage and have higher tensile strength than mild steel rebar. Steel Rebar or deformed steel bar is widely used in the construction industry for concrete reinforcement. It acts as a tensioning device and assists to hold the concrete in a compressed state to carry the tensile load. Steel rebar possess several drawbacks during steel manufacturing that involves generation of various types of wastes that are discharged in water causing water pollution, releases carbon dioxide causing greenhouse effect, responsible for emission of hazardous gases causing air pollution, and corrosion tendency of steel leads to deterioration of constructions.  Evolution in Asian construction sector has led to a huge demand for steel rebar even if the drawbacks are posing threat.
Various new grades that are introduced in deformed steel bars are Fe-500, Fe-550, and Fe-500D. These are deformed steel bars are corrosion resistant, epoxy coated, and earthquake resistant compared to the conventional rebars. The leading players in deformed steel bars market in Asia are Power Steel Products, Arab Building Materials, Hyundai Steel, Razaque Steels, SMC and Agha Steel Industries. Geographically, deformed steel bars market in Asia is spread across China, Japan, India, Korea, Saudi Arabia and other regions. Asia’s continuing infrastructure development in housing, commercial, and industrial sectors is bolstering growth in the steel rebars market. Deformed steel bars in Asia are used in infrastructure, manufacturing, and oil & gas industry. It was observed that the infrastructure sector will dominate the deformed steel bar market in Asia due to rapid development and industrialization in China and India.
Few substitutes for steel rebar are basalt rebar, fiber reinforced polymer which are eco- friendly and possess high tensile strength. These substitutes may anticipate some share from the steel rebar market due to the environmental and corrosive effects of steel. Basalt rebar is the best product apart from steel rebar and also has thermal co-efficient almost equal to that of concrete. Deformed steel bar industry will experiencing continuous innovations and advancements due to the rapid technological advancements and enormous applications of steel rebar. With increase in consumption and demand for alternative products will drive Asia’s deformed steel bar industry over the next few years.
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Understanding the Switzerland Power Market: Ken Research

Switzerland in 1999 ratified the new Swiss Electricity Market Law. The primary aim of this law was to ensure that the power/electricity generation sector moves from a regulated to a deregulated environment. Switzerland is one of the few countries that does not produce much of fossil fuels and relies heavily on renewable forms of energy especially nuclear power and hydro projects. Although presently, Switzerland is a net importer of power to meet its internal demands however, the electricity generation has picked up pace in the recent years recently which has been forecasted grow in the future at a very fast pace.

According to the study, ‘Switzerland Power Market Outlook to 2030, Update 2018 - Market Trends, Regulations, and Competitive Landscape’, some of the companies that are currently operating in this segment includes Axpo Holding AG, BKW AG Alpiq Holding AG. The competition in the power generation sector within companies is very stiff. Only a few of the companies hold majority of the market share because of their ability to invest huge amount of money and also possess the technological expertise to produce electricity at the lowest cost. They also have the potential to make profits while simultaneously incurring huge costs. All these factors make the entry of new players practically impossible. This has resulted in the market to be highly consolidated. The power market has other players but they have significant influence over the market.

Oil is the largest contributor in terms of sources of electricity generation which is followed by nuclear sources, hydroelectric power plants, and natural gas plants.

The regulatory landscape of the energy production in Switzerland consists of Swiss Federal Office of Energy is the centre concerned with issues of energy supply and energy use at the Federal Department of the Environment, Transport, Energy and Communications. This body creates and implements the entire action plan concerning energy production and is also responsible for increasing the overall share of renewable sources of energy which would ultimately lead to reduction in the CO2 emissions. Most of the energy generated is used as a fuel in order to ensure vehicular movement which would be followed by electricity.

There are 2 variations of prices of electricity that prevail in the Swiss energy market. These include the wholesale and the retail prices. The wholesale electricity is traded over the counter and therefore likely to be below the market prices. A very small proportion of the total electricity consumption goes in the form of wholesale electricity generation. Retail prices are market prices. The recent trend that has been witnessed in the Retail Prices segment is an increase in the prices. This trend is expected to continue for the next couple of years which varies upon the location of the supply station from where the electricity is being supplied.

The overall Swiss power market is expected to grow in the coming years. The forms of energy shall majorly shift to either nuclear or hydroelectric projects due to the growing emergence of renewable forms of energy. The competition is very stiff with very few companies holding majority of the market share which gives the benefit of economies of scale. The new entrants need to competitively price their services in order to ensure that they are able to compete with existing giants.

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Shifting Landscape Of Brazilian Power Industry Market Outlook: Ken Research

Brazil provides a good system for being a carbon neutral energy system. The growth in the Brazilian power market is expected to be immense during the forecast period. This growth shall be tapped by many companies which might lead to huge competition in the field of power generation in Brazil. According to the study, ‘Brazil Power Market Outlook To 2030, Update 2018 - Market Trends, Regulations  And Competitive Landscape’, some of the major companies that are currently operating in the Brazilian power generation industry include CentraisEletricasBrasileiras S.A., EngieBrasilEnergia SA, PetroleoBrasileiro SA, CompanhiaEnergetica de Minas Gerais SA, CompanhiaParanaense de Energia SA. The companies currently hold majority of the market share under their hood which makes the market slightly consolidated. Even though hydro is the most popular source, studies suggest that the cost of producing electricity in Brazil via hydro projects is expensive as compared to generation via wind which makes wind a profitable option for companies to explore.

The electric power generation in Brazil is regulated by the Brazilian Electricity Regulatory Agency which is an independent body that was setup in 1992 to work as a regulatory authority over matters concerning power generation. Renewable sources of energy are abundantly present in the country which makes it only one of the few countries to have majority of its power generation from renewable sources of energy. Majority of the electricity generation in Brazil takes place from the Hydrological sources due to abundance of rivers. Not only this, but Brazil has abundance of bio energy sources of power creation. Brazil is recently also gaining popularity with the wind and solar modes of energy creation. Brazil as a country has plenty of renewable sources of energy with the potential to explore many more. Brazil is only one of the few countries that currently has majority of its energy dependence on renewable forms which would prove to be one of the biggest asset in the coming years which are characterized by falling quantity of fossil fuels.

The high percentage of electricity generation by renewable sources of energy implies a significantly lower share of power generation via coal or oil resources thereby showcasing a slower growth in these sectors. On the other hand, Gas as a source of energy generation is picking up space. Gas although has a small share, but it is rapidly picking up pace. The growth rate of gas as a source of energy generation is doubling itself year on year making it one of the fastest growing energy sources.

In Brazil, renewable forms have energy have the majority share in production. Within the renewable sources, the market is currently led by hydro projects however, looking at the growth rate of Gas as a source of energy production; it could change the market dynamics completely. The competition in this industry is characterized by huge capital investments and stiff competition with only a few companies holding a significant share of the market which makes the entry of new players very difficult. The companies that look forward to entry into the Brazilian power industry need to provide uninterrupted electricity using cheapest source in order to gain some significance in the overall industry.

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