About Energies Equipment Assembly
Energies assembly equipment is widely used in the assembly line of different types of energy sectors like nuclear energy, renewable energy, etc. The energy demand is increasing due to the growing industrial automation and emerging new technologies. In recent times, the global energy manufacturers have focused on efficient sources of green energy like hydro, wind, and solar to reduce the dependence on fossil fuel will accelerate the energy equipment assembly in the renewable energy sectors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Energies Equipment Assembly market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Celestica (Canada), Jabil Inc. (United States), Proserv (United Kingdom), ATS Automation Tooling Systems (Canada), CETC Solar Energy Holdings Co., Ltd. (China), Coldwater Machine Company (United States), Manz AG (Germany), Araymond Energies (France), Neyret Group (France), Central Machines, INC. (United States), Astro Machine Works (United States) and Rockwell Automation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Energies Equipment Assembly market by , Application (Nuclear Plants, Renewable Energy, Oil & Gas and Others) and Region.
On the basis of geography, the market of Energies Equipment Assembly has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Automation Grade, the sub-segment i.e. Fully Automatic will boost the Energies Equipment Assembly market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Focus on Innovation of Assembly Machines to Meet the Demand for Automation
Market Growth Drivers:
Rapidly Growing Renewable Energy Sector Across the Globe is the Major Growth Driver of Energy Equipment Assemble and Growing Need for Large Amount of Energy Production Due to Increasing Electricity Demand Worldwide
Challenges:
The need for skilled labor and continuous training to handle new technologies
Restraints:
High Power Consumption by the Fully Automatic Assembly Equipment
Opportunities:
Ramping Up Solar Energy Generation in Countries like India Will Create Significant Opportunities
Market Leaders and their expansionary development strategies
In February 2022, LG Energy Solution acquired of NEC Energy Solutions, a grid battery integrator based in the U.S. to expand its Energy Storage System (ESS) business offerings. The acquisition and integration of NEC Energy Solutions' technologies, expertise and experience, LG Energy Solution will be able to offer fully integrated AC and DC storage systems
In December 2023, Reliance Industries is building a green energy business to supply the equipment India will need for its green energy revolution. For solar, RIL can reach 100GW of installation by 2030, which is 36% of the total 2030 India solar capacity of 280GW.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Energies Equipment Assembly Manufacturers, Suppliers and Distributors of Energies Equipment Assembly, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.