Driverless locomotive technology
offers control over all the trains and a predefined railroad infrastructure for
intelligent navigation. Automated trains are being used to increase the network
capacity, effective control and monitor of traffic. These trains use automated
systems which optimize their running time, average speed and reliability. For
example, 75km long Dubai Metro and Copenhagen Metro are a few examples of
automated train network. Also, Australian mining company, Rio Tinto is
investing $500 million on the first ever fully automated long-distance trains
to deliver its iron ores to ports. The CEO of German Railways, Ruediger Grube
made an announcement stating that the German railways would be fully automated
by 2023, thus indicating high demand for driverless automotive technologies in
the forecast period.
THE
BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL
ENGINE,
TURBINE, AND POWER TRANSMISSION EQUIPMENT MANUFACTURING MARKET TO GROW TO $792 BILLION BY 2021
Asia Pacific was the largest
region in the engine, turbine, and power transmission equipment manufacturing
market in 2017, accounting for more than one-third of the market share.
Order the report at: https://www.thebusinessresearchcompany.com/report/engine-turbine-and-power-transmission-equipment-manufacturing-global-market-report-2018
According to The Business
Research Company’s Consultant, Nitin Gianchandani, With the significant rise in
pollution, diesel engine manufacturers are adopting latest emission treatments
to bring down emission levels. Exhaust Gas Recirculation (EGR) and Selective
Catalytic Reduction (SCR) technologies are extensively being used by diesel
engine manufacturers to reduce NOx emissions which are harmful at certain
levels to the atmosphere. Exhaust Gas Recirculation involves treating the
exhaust gasses produced, by re-circulating them in a combustion chamber in the
presence of oxygen. This leads to combustion process occurring at low
temperature, thereby reducing the formation of NOx. Selective Catalytic
Reduction uses different catalysts like aqueous ammonia to convert NOx into
diatomic and water. Earlier used in waste management, this method has now
integrated with power generators to reduce NOx emissions by 75-95% thereby
setting a trend. Major companies like Cummins, Komatsu and Volvo have
implemented these techniques in their mid and heavy-duty engine range which is
mostly used in the mining industry. GE has also integrated EGR technology with
their marine engines.
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at: https://www.thebusinessresearchcompany.com/sample.aspx?
General Electric Co was the
biggest player in the engine, turbine, and power transmission equipment manufacturing
market, with revenues of $49 billion in 2016. GE’s strategy is to reduce its costs of turbine manufacturing by
capitalizing on advanced manufacturing technologies. It is also acquiring
companies in the turbine manufacturing value chain.
The engine, turbine, and power
transmission equipment manufacturing industry comprises establishments mainly
involved in manufacturing turbines, power transmission equipment, and internal
combustion engines (except automotive gasoline and aircraft). This industry is
also involved in manufacturing clutches and brakes (except electromagnetic industrial
controls, and motor vehicle), diesel and semi diesel engines, electric outboard
motors, internal combustion engines for hybrid drive systems (except
automotive), plain bearings and bushings (except internal combustion engine),
power transmission pulleys, speed changers, speed reducers, turbine generator
set units, universal joints (except aircraft, and motor vehicle).
Engine, Turbine, And Power
Transmission Equipment Manufacturing Global Market Report 2018 is a
detailed report giving a unique insight into this market. The report is priced
at $6000 for an individual user. To use across your office, the price is $9000
and $12000 if you wish to use across a multinational company.
About The Business Research Company
Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350
or +918897263534 or +919160996838 for more information on this and many other
titles.
The Business Research Company is a
market research and intelligence company, which excels in company, market and
consumer research.
It has research professionals at its
offices in the UK, India and the US as well a network of trained researchers
globally. It has specialist consultants in a wide range of industries including
manufacturing, healthcare, chemicals and technology.
The Business Research Company's
management has more than 20 years of varied business research experience. They
have delivered hundreds of research projects to the senior management of some
of the world's largest organizations.
Contact Information.
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Business Research Company
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