AC Circuit Breaker Market worth $5.3 Billion by 2028
The global AC Circuit Breaker Market is projected to reach USD 5.3 billion in 2028 from USD 4.1 billion in 2023 at a CAGR of 5.3% according to a new report by MarketsandMarkets™. An AC circuit breaker is a switch that interrupts or breaks the flow of electrical energy. The AC power system uses alternating current (AC) and it must be interrupted by an approved device for safety reasons. It...
Transformer Oil Market worth $3.0 Billion by 2030
The global Transformer Oil Market is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9% according to a new report by MarketsandMarkets™. Transformer oil is a special kind of oil that is primarily used in transformers to facilitate insulation and cooling. Transformer oil caters to the T&D, railways and metros, power generation, industrial, and commercial...
Pressure Vessels Market worth $62.7 Billion by 2028
The global Pressure Vessels Market is projected to reach USD 62.7 billion in 2028 from USD 50.3 billion in 2023 at a CAGR of 4.5% according to a new report by MarketsandMarkets™. Pressure vessel is a closed container which are designed to hold fluids or gases at a pressure that is significantly different from the ambient pressure. It is constructed to withstand the internal pressure exerted...
Portable Power Station Market worth $1.1 Billion by 2028
The global Portable Power Station Market is projected to reach USD 1.1 billion in 2028 from USD 0.5 billion in 2023 at a CAGR of 18.4% according to a new report by MarketsandMarkets™. Portable power stations are portable and compact devices that function as independent power sources. Their purpose is to store electrical energy obtained from diverse sources such as solar panels, wall outlets,...
Offshore Support Vessel Market worth $31.4 Billion by 2028
The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services,...
Green Ammonia Market worth $17.9 Billion by 2030
The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment of fuel cell vehicles.
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Power generation to...
Smart Meter Market worth $36.3 Billion by 2028
The global Smart Meter Market is projected to reach USD 36.3 billion in 2028 from USD 23.1 billion in 2023 at a CAGR of 9.4% according to a new report by MarketsandMarkets™. The emergence of electric, gas, and water smart meters has revolutionized utility operations. With advancements in smart meters, sensors, control systems, and communication components, utility systems can be monitored in real-time....
Refinery and Petrochemical Filtration Market worth $6.1 Billion by 2028
The global Refinery and Petrochemical Filtration Market is projected to reach USD 6.1 billion in 2028 from USD 4.6 billion in 2023 at a CAGR of 6.0% according to a new report by MarketsandMarkets™. Refinery and petrochemical filtration are essential processes in downstream oil and gas production. Refinery filtration purifies crude oil and feedstocks, creating high-quality fuels and lubricants....
Electrolyzers Market worth $23.6 Billion by 2028
The global Electrolyzers Market is projected to reach USD 23.6 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 80.3% according to a new report by MarketsandMarkets™. The Electrolyzers Market has promising growth potential due to the rising deployment of electrolyzers for the green hydrogen production.
Proton exchange menbrane has the second larget Electrolyzers Market, by technology,...
Diesel Engines Market worth $78.8 Billion by 2028
The global Diesel Engines Market is projected to reach USD 78.8 billion in 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% according to a new report by MarketsandMarkets™. The market growth has been attributed to the growing demand for commercial vessels, which will anticipate maritime tourism, and will eventually drive the demand for diesel engines used in the marine industry.
Power...