Pressure Control Equipment Market worth $8.9 Billion by 2027
The global Pressure Control Equipment Market is projected to reach USD 8.9 billion in 2027 from USD 6.8 billion in 2022 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.Pressure control equipment helps in maintaining the required pressure levels inside a wellbore while performing well intervention operation in easy and arduous conditions. Stringent standards are followed in the...
Nuclear Power Plant Equipment Market worth $18.6 Billion by 2027
The global Nuclear Power Plant Equipment Market is projected to reach USD 18.6 billion in 2027 from USD 15.7 billion in 2022 at a CAGR of 3.5% according to a new report by MarketsandMarkets™. The global Nuclear Power Plant Equipment Market is being pushed by increased demand for and generation of clean electricity around the world. As the demand for energy rises, governments seek clean and efficient...
Blue Hydrogen: Advancing the Transition to a Low-Carbon Economy
The global Blue Hydrogen Market is expected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% during the forecast period. The blue hydrogen market has a promising growth potential due to several factors, including the role of blue hydrogen in carbon emission reduction, an increase in the demand for fuel cell-based electric vehicles, and a shift toward...
Electrolyzers Market Offers Lucrative Opportunities for Major Economies to Achieve Net Zero Emission Targets
An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, in some cases. There are four main ways that electrolyzers can be commercialized: power to mobility,...
Carbon Offset/Carbon Credit Market worth $1,602.7 Billion by 2028
The carbon offset/carbon credit market growth has been attributed to rising global warming and the need to remove carbon from the atmosphere. The market is driven by factors such as growing compliance requirements and regulatory schemes across the regions.
The global Carbon Offset/Carbon Credit Market is projected to reach USD 1,602.7 billion in 2028 from USD 414.8 billion in 2023 at a CAGR of...
Quality and Lifecycle Management Software Market Future Demand and Trends – 2027
According to a research report “Quality and Lifecycle Management Software Market by Solution (Quality Management and Bill of Material Management), Deployment Mode, Organization Size, Vertical (Automotive & Transport and Industrial Manufacturing) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global Quality and Lifecycle Management Software market...
Network Function Virtualization (NFV) Market is Projected to worth $36.3 billion by 2024
The Report “Network Function Virtualization (NFV) Market by Component (Solutions, Orchestration and Automation, and Professional Services), Virtualized Network Function, Application (Virtual Appliance and Core Network), End User, and Region – Global Forecast to 2024″, published by MarketsandMarkets, the global NFV market size is expected to grow from USD 12.9 billion in 2019 to...
Geothermal Energy Market Likely to Boost Future Growth by 2027
There are numerous market opportunities available in the geothermal energy market globally. A few important opportunity areas include:
Emergence of advanced technologies and rise of Geothermal 2.0
Enhanced geothermal systems (EGS) provide a tremendous opportunity for harvesting the vast, untapped heat stored in the shallow continental crust. Enhanced or engineered geothermal systems (EGS)...
Circuit Breaker Market Trends, Analysis, and Growth through 2025
The global circuit breaker market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Circuit breakers are electrical devices that protect electrical systems and equipment from damage by interrupting the flow of current in the event of an overload, short circuit, or ground fault. The global circuit breaker market...
Biorefinery Market worth $210.3 Billion by 2027
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. New integrated biorefineries must be built in order to meet the expected growth of the biofuel market and the development of new biofuel production technologies. Concepts related to plant infrastructure of chemical plants...