Latest Strategic Acquisition in Power Plant Control System Market
Power Plant Control System Market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market. The advantages of rotary UPS such as high efficiency, fewer space...
Power Plant Boiler Market Size to Reach $22.8 Billion by 2025
The global Power
Plant Boiler Market size is expected to grow from an estimated USD 18.1
billion in 2020 to USD 22.8 billion by 2025, at a CAGR of 4.8%, during the
forecast period. Increasing demand for electricity and growing focus on clean
fossil fuels such as natural gas, which helps reduce greenhouse gas emissions,
are the key factors driving the power plant boiler market. Power plant boilers
use...
Pressure Vessel Market Size to Reach $59.5 Billion by 2027
According to the new market research report
“Pressure
Vessel Market by Type (Boiler, Reactor, Separator), Material, Heat
Source (Fired Pressure Vessel and Unfired Pressure Vessel), Application
(Storage Vessels and Processing Vessels), End-User and Region – Global Forecast
to 2027″, published by MarketsandMarkets™, The global pressure vessel
market is expected to grow from USD 47.1...
Gas Engines Market Size to Reach $5.8 Billion by 2027
According to the new market research report
“Gas
Engines Market by Fuel Type (Natural Gas, Special Gas), Application (Power
Generation, Cogeneration, Mechanical Drive), Power Output (0.5–1 MW, 1–2 MW,
2–5 MW, 5–15 MW, & Above 15 MW), End-User Industry, and Region – Global
Forecast to 2027“, published by MarketsandMarkets™,
The gas engines market size will grow to USD...
Electrical Digital Twin Market to Hit $1.3 Billion by 2026
According to the new market research report
“Electrical
Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind
Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment
Type (Cloud, On-Premises), End User, Application, and Geography – Global
Forecast to 2026″, published by MarketsandMarkets™, The Electrical
Digital Twin Market size will grow to
USD...
Gas Turbine Market to Hit $22.5 Billion by 2026
According to the new market research report “Gas Turbine Market by Technology (Open Cycle and Combined Cycle), Design Type (Heavy Duty and Aeroderivative), End User (Power Generation, Oil & Gas), Rated Capacity (1–40 MW, 40–120 MW, 120–300 MW, Above 300 MW) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The global Gas Turbine Market is projected...
Electrical Digital Twin Market to Reach $1.3 Billion by 2026
According to the new market research report
“Electrical
Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind
Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment
Type (Cloud, On-Premises), End User, Application, and Geography – Global
Forecast to 2026″, published by MarketsandMarkets™, The Electrical
Digital Twin Market size will grow to
USD...
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...
At CAGR of 29.68%, Virtual Power Plant Market to exceed $709.2 Million by 2021
The global virtual
power plant market is expected to grow from USD 193.4 million in 2016 to
USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America
is estimated to be the largest market for virtual power plants, followed by
Europe in 2016. This trend is expected to continue till 2021. The growth of the
virtual power plant market is driven by increasing share of renewable energy...
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...