Floating LNG Power Vessel Market Size to Reach $931.6 Million by 2023
The global floating
LNG power vessel market is expected to grow from an estimated $860.1
million in 2018 to $931.6 million by 2023. In 2018, the Asia Pacific market is
estimated to be the largest, followed by the Middle East & Africa. Factors
such as growing population, industrialization and increasing urban business
activities, and an increase in the demand for power generation are expected to
drive...
Boiler Control Market Size to Reach $2.42 Billion by 2023
The global boiler
control market is estimated to reach a market size of $1.80 billion in 2018
and is projected to reach $2.42 billion, at a CAGR of 6.09%, from 2018 to 2023.
The boiler control market is set to witness significant growth due to the
rising demand from the power generation industry, increased demand for energy
efficiency equipment to control steam pressure, need for boiler tuning to
adjust...
Smart Grid Market expected to Grow $103.4 Billion by 2026
According to the new market research report
“Smart
Grid Market by Component (Software, Hardware, Services), Application
(Generation, Transmission, Distribution, Consumption/End Use), Communication
Technology (Wireline, Wireless), and Region – Global Forecast to 2026″, published
by MarketsandMarkets™, the smart grid market size will grow to USD 103.4
billion by 2026 (forecast year)...
Booster Compressor Market Size to Hit $2.39 Billion by 2023
The global Booster
Compressor Market is projected to reach a market size of USD 2.39
Billion in 2023, growing at a CAGR of 4.50%, from an estimated USD 1.92 Billion
in 2018. The market in Asia Pacific is estimated to be the largest for booster
compressors, followed by North America in 2018. Booster compressors are
available in modular design, due to which they are compatible with any
low-pressure...
Solar Backsheet Market Size to Grow $2.40 Billion by 2023
The global solar
backsheet market is estimated to be USD 1.71 Billion in 2018 and is
projected to reach USD 2.40 Billion by 2023, growing at a CAGR of 7.02%, from
2018 to 2023. An increase in solar PV installation along with policy support
from governments for the adoption of renewable technologies would contribute to
the growth of the solar backsheet market. Asia Pacific would continue to be the
largest...
AT CAGR of 54.9%, Green Ammonia Market to Hit $852 Million by 2030
The global Green
Ammonia Market is projected to reach USD 852 million by 2030 from an
estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast
period.. The rising investments in green fuel and large scale green energy
plans in Europe and North America, drives the green ammonia market in the
region. Moreover, increasing adoption of electric vehicles leads to renewable
energy deployment...
Electrical Bushings Market Estimated to Reach $2.96 Billion by 2023
The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to
2023. In 2017, Asia Pacific was the largest market for electrical bushings,
followed by Europe and North America. The growth of the electrical
bushings market is mainly driven by rising electrical network expenditure and
the increasing demand for electrical equipment from end-users such as railways
and...
Electric Insulator Market expected to Grow $13.34 Billion by 2023
The global electric
insulator market is expected to grow from an estimated USD 10.17 billion in
2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in
Asia Pacific is estimated to be the largest, followed by North America. Factors
such as increasing investments in T&D networks, refurbishment of existing
grid networks, and growing adoption of renewable energy sources are...
Digital Utility Market to Cross $244.31 Billion by 2022
The global digital
utility market is expected to grow from an estimated $135.16 billion
in 2017 to $244.31 billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. The
North America is currently the largest market for digital utility, closely
followed by the Europe and Asia-Pacific market. However, by 2022, the market in
Asia-Pacific is projected to gain the largest share. The Digital utility...
Laminated Busbar Market Size to Reach $1,183 Million by 2025
The global laminated busbar market is projected to grow at a CAGR of 6.6% from 2020 to
2025, to reach a market size of USD 1,183 million by 2025 from USD 861 million
in 2020. Cost-efficiency and operational benefits of laminated busbars, demand
for safe and secure electrical distribution systems, and focus on renewable
energy are expected to drive the laminated busbar market during the forecast
period.
The...