Pipeline & Process Services Market Expected to Grow $4.0 Billion by 2024
The global pipeline
& process services market is projected to reach USD 4.0 billion by 2024
from an estimated USD 3.3 billion in 2019, at a CAGR of 4.3% during the
forecast period. Increase in demand for safe, economical, and reliable
connectivity; and high investments lined up for pipeline business are driving
the pipeline & process services market. However, problems faced by
cross-border...
Air Circuit Breaker Market Projected to Reach $3.9 Billion by 2024
The global Air
Circuit Breaker Market size is projected to reach USD 3.9 billion by 2024
from an estimated USD 3.0 billion in 2019, at a CAGR of 5.2% during the
forecast period. Asia Pacific is estimated to be the largest market for air
circuit breakers, followed closely by North America. The Middle East &
Africa market is also projected to be the fastest-growing market during the
forecast period....
Demand for Uninterrupted and Reliable Power Supply to Boost the Growth of Generator Sales Market in the Coming Years
Generators, being used in countless industrial and commercial establishments to supply power for critical applications, have been witnessing a significant increase in demand for uninterrupted and reliable power supply. This in turn, has resulted in increased sales of generators. They are used for small loads, such as homes, as well as for larger loads like industrial plants, hospitals, and commercial...
Distributed Generation Market to Witness Good Growth in the Coming Years due to the Increasing Global Demand for Electricity
Distributed generation has the ability to generate electricity from different sources of energy such as solar, wind, and tide energy, which is fast emerging as an eco-friendly way for generating electricity. Increased global warming has led the governments to take several initiatives in order to reduce greenhouse gas emissions. This trend is anticipated to continue over the coming years as well, thereby...