Gas Turbines Market to exceed $20.66 Billion by 2022
The global Gas
Turbines Market is expected to grow from an estimated $17.51 billion in
2017 to $20.66 billion by 2022, at a CAGR of 3.36%, from 2017 to 2022. The
shale gas boom in North America and decommissioning of nuclear plants in Europe
are likely to boost the demand for gas turbines in these regions. The demand
for gas turbines in the Middle East & Africa, Latin America, and Asia
Pacific...
Sequence of Events Recorder Market Size to Reach $31 Million by 2026
According to the new market research report
“Sequence of Events Recorder Market by Mount type (Rack mounted, Rail
mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals,
Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global
Forecast to 2026″, published
by MarketsandMarkets™, the Sequence of Events Recorder Market size will grow
to ...
At CAGR of 37.34%, Utility Drones Market to Hit $538.6 Million by 2023
The
global Utility
Drones Market is estimated to be USD 110.2 million in 2018 and is projected
to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023.
Drones that are mainly used for utilities inspection, survey, and asset
management are called utility drones. In
2017, North America was the largest market for utility drones, followed by Asia
Pacific and Europe. Growing demand...
Gas-insulated Switchgear Market Size to Grow $26.5 Billion by 2025, At CAGR of 9.5%
The global Gas-Insulated
Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD
26.5 billion by 2025, at a CAGR of 9.5% from 2020 to 2025. The factors driving
market growth are the growing investments in renewable energy and government
initiatives to reduce carbon emissions along with the expansion of electrical
grids due to the growing industrialization and urbanization.
A global...
At CAGR of 6.9%, Transformer Oil Market to Generate $3.0 Billion by 2025
The global transformer
oil market is projected to reach USD 3.0 billion by 2025 from an estimated
market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast
period. The factors driving the growth for transformer oil are the upgradation
of electric grids in developing countries along with the expansion of electric
grids due to growing industrialization and urbanization.
The
transformer...
Thermal Energy Storage Market Likely to Boost Future Growth by 2025
The global Thermal
Energy Storage Market size is projected to reach USD 369 million by 2025,
at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of
the thermal energy storage market is majorly driven by increasing demand for
energy storage technologies, rising number of CSP projects, and increasing HVAC
applications.
Thermal energy storage in concentrating
solar power (CSP)...
Environmental Technology Market Projected to Hit $690.3 Billion by 2026
According to the new market research report
“Environmental Technology Market by Component (Solutions, Services),
Technological Solutions (Waste Valorization, Greentech, Nuclear Energy, Bioremediation),
Application, Vertical (Municipal, Industrial), and Region – Global Forecast to
2026″, published by
MarketsandMarkets™, the Environmental
Technology Market is estimated at USD...
Hydrogen Generation Market Likely to Boost Future Growth by 2025
Hydrogen Generation Market New Revenue Pockets:
The hydrogen generation market size is projected to reach USD 201 billion by 2025 from an estimated USD 130 billion in 2020, at a CAGR of 9.2% during the forecast period. Increased focus on hydrogen based economy for applications such as power generation or fueling cars and buses, that during combustion can cause less carbon emissions. This has led...
Industrial Filtration Market Size to Grow $41.1 Billion by 2025
The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The growth of this market is driven by strict government regulations to eliminate air and water pollution. The demand for the treatment of industrial waste and the requirement of a safe working environment in industrial...
Industrial Power Supply Market Size to Grow $12.8 Billion by 2024
The global industrial
power supply market size is expected to reach USD 12.8 billion by 2024 from
an estimated value of USD 9.9 billion in 2019, at a CAGR of 5.4 % during the
forecast period. The rise in lighting and consumer electronics sector in the
nations such as US & China with the implementation of industrial automation
in the manufacturing industry is anticipated to drive the demand of...