Booster Compressor Market Size to Hit $2.39 Billion by 2023
The global Booster
Compressor Market is projected to reach a market size of USD 2.39
Billion in 2023, growing at a CAGR of 4.50%, from an estimated USD 1.92 Billion
in 2018. The market in Asia Pacific is estimated to be the largest for booster
compressors, followed by North America in 2018. Booster compressors are
available in modular design, due to which they are compatible with any
low-pressure...
Solar Backsheet Market Size to Grow $2.40 Billion by 2023
The global solar
backsheet market is estimated to be USD 1.71 Billion in 2018 and is
projected to reach USD 2.40 Billion by 2023, growing at a CAGR of 7.02%, from
2018 to 2023. An increase in solar PV installation along with policy support
from governments for the adoption of renewable technologies would contribute to
the growth of the solar backsheet market. Asia Pacific would continue to be the
largest...
AT CAGR of 54.9%, Green Ammonia Market to Hit $852 Million by 2030
The global Green
Ammonia Market is projected to reach USD 852 million by 2030 from an
estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast
period.. The rising investments in green fuel and large scale green energy
plans in Europe and North America, drives the green ammonia market in the
region. Moreover, increasing adoption of electric vehicles leads to renewable
energy deployment...
Electrical Bushings Market Estimated to Reach $2.96 Billion by 2023
The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to
2023. In 2017, Asia Pacific was the largest market for electrical bushings,
followed by Europe and North America. The growth of the electrical
bushings market is mainly driven by rising electrical network expenditure and
the increasing demand for electrical equipment from end-users such as railways
and...
Electric Insulator Market expected to Grow $13.34 Billion by 2023
The global electric
insulator market is expected to grow from an estimated USD 10.17 billion in
2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in
Asia Pacific is estimated to be the largest, followed by North America. Factors
such as increasing investments in T&D networks, refurbishment of existing
grid networks, and growing adoption of renewable energy sources are...
Digital Utility Market to Cross $244.31 Billion by 2022
The global digital
utility market is expected to grow from an estimated $135.16 billion
in 2017 to $244.31 billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. The
North America is currently the largest market for digital utility, closely
followed by the Europe and Asia-Pacific market. However, by 2022, the market in
Asia-Pacific is projected to gain the largest share. The Digital utility...
Gas Engines Market Booming Worldwide with Caterpillar, Wärtsilä, Man SE, Cummins, and Rolls-Royce.
The global gas engines market size is projected to reach USD 5.3 billion by 2024, from an estimated USD 4.0 billion in 2019, at a CAGR of 5.7% during the forecast period. The increasing demand for clean and renewable power generation and implementation of stricter emission regulations across the globe are major drivers for the gas engines market.
The gas engines market is dominated by a few major
players...
Gas-insulated Switchgear Market is Booming Worldwide with ABB, Schneider Electric, Siemens, Eaton, and General Electric.
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%. The growing investments in renewable
energy and government initiatives to reduce carbon emissions is likely to drive
the market for gas-insulated switchgear market globally. Also, the expansion of
electrical grids due to the growing industrialization and urbanization...
Pressure Vessel Market expected to Grow $53.3 Billion by 2025
The global pressure vessel market is projected to reach USD 53.3 billion by 2025 from an estimated USD 42.7 billion in 2020, at a CAGR of 4.5% during the forecast period. The growing adoption of supercritical and ultra-super critical power generation technology and the rise in the construction of refineries and chemical plants in the Asia Pacific and Middle East regions are expected to drive the market....
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...