Expanding and Improving Grid Infrastructure | Rare Techy
Rockville, Nov. 15, 2022 (GLOBE NEWSWIRE) — According to Fact.MR, a market research and competitive intelligence provider, the global electronic paper market is expected to US$1,017.7 million in 2022 and is expected to grow at an impressive CAGR of 4.7% during the forecast years of 2022-2032.
The shift from coal to natural gas-based power generation will generate significant savings. This investment will improve and improve the delivery of environmentally friendly infrastructure and ensure the reliability of the grid. In addition, the tightening of environmental regulations has reduced the development of organic farming.
Therefore, the modernization of the grid infrastructure will continue to drive investments as the energy production cycle will accelerate during the forecast period. This change is expected to drive the growth of the electronic paper market in this segment.
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In addition, increasing number of electrical system installations in commercial and residential areas such as ventilation, air conditioners, lighting systems, and fire protection systems are driving the energy T&D industry. Innovation in power generation and technological advancement of T&D equipment are the major factors driving the growth of the market.
Key Basics from Our Market
- The global electronic paper market is expected to grow at an impressive CAGR of 4.7% and be valued at $1,613.1 million by 2032.
- The market witnessed a 1.1% CAGR for the period 2017-2021
- Under the product, printing paper and polyester film electrical paper is the market leader and will be valued at $ 339.7 million by 2022
- North America and Southeast Asia will dominate the market with 23.5% and 23.6% market shares by 2021
- Together, converters and cables by application will account for nearly 72.2% market share by 2022.
“The expansion of the market depends on the replacement cycle of electronic paper in many applications that manufacturers can meet the needs and demand” says an observer Fact.MR.
Division of Electronic Paper Industry Research
- By Product:
- Press paper
- Dotted Diamond Press Paper
- Press paper and Polyester Film
- Paper Caleb
- Aluminum Crepe Sheet
- By applications:
- The others
- By Sales Channel:
- OEM (Original Equipment Manufacturer)
- Market (Substitution)
- Direct Sales
- Sales Sales
- Third-party Online Shopping
- By Region:
- North America
- Latin America
- East Asia
- South Asia and Oceania
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Manufacturers will be able to respond more quickly to market needs while focusing on increasing their footprint in developing countries. Therefore, the electronic paper market is expected to recover at its previous speed.
Additionally, market participants are trying to grow their sales by targeting different end customers and geographic locations. Additionally, market players are focusing on enhancing their product portfolio by investing in R&D to provide smarter and smarter products.
Selected Parent Companies
- Ahlstrom-Munksjö Oyj
- 3M Co
- Von Roll Holding AG
- Weidmann Electrical Technology AG
- Hitachi ABB Power Grids
- DuPont de Nemours, Inc.
- Nordic Paper Holding AB
- Delfort Group AG
- Kämmerer Paper GmbH
- Cottrell Paper Company
- Miki Tokushu Paper MFG. CO., LTD.
- Paramount Tube
What is the US Electrotechnical Paper Market expected to reduce?
During 2017-2021, the US BSKP index in the North American region has decreased by 49 points. In response, European countries are trying to attract American manufacturers by focusing on knowledge-based manufacturing and the advancement of sectors such as electronics, automobiles, electronics, and cables.
This has led to a decline in the value of the US energy market. In addition, there are many applications that use high voltage cables, converters, forests, and related applications in our country. The US market for electronic paper is expected to grow to nearly $285.5 million by 2032.
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Fact.MR, in its latest offering, presents an unbiased analysis of the global electronic paper market, presenting historical market data (2017-2021) and forecast statistics for the period 2022-2032.
The study presents key insights on the basis of product (press paper, diamond dot press, press paper and polyester film, crepe paper, and aluminum crepe paper), application (towels, rolls, automobile , etc.), sales channel (OEM (original equipment manufacturer). ), and aftermarket (substitute) (direct sales, retail sales, and third-party online sales)), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia and Oceania, and the Middle East & Africa).
Check out other related research published by Fact.MR Research:
Recycled Paper Market: According to the latest news from Fact.MR, the demand for recycled paper machines has increased in 2021. The problem of the epidemic caused a further decline in sales, as factories closed and prevention programs during the COVID-19 pandemic.
Paper Machine Market: According to the latest research by Fact.MR, the paper machine market is set to show continuous growth from 2021-2031. The demand for paper machines is seen to be healthy in the short term, with a positive outlook in the long term. The muted demand from the advertising industry means that there are few opportunities in the near future, however, sales of paper machines in the personal care sector will be strong.
Wood Free Paper Market: Coated wood-free paper is a type of wood-free paper made using chemical pulp, including small amounts of mechanical pulp. These papers may contain some type of recycled fiber. The higher quality of these papers compared to paper made from mechanical wood pulp makes them ideal for high quality printing applications for commercial purposes.
Paper Cartons Market: According to the latest assessment by Fact.MR, the sheet glass manufacturing market will see progress in 2021-2031 with a CAGR of 4.8%. These machines help to create a better style of glasses, made from natural materials such as wood, wool or cotton.
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