The global supply chain as a service market size was estimated at USD 8,710.1 million in 2023 and is projected to grow at a CAGR of 17.4% from 2024 to 2030. The increasing outsourcing of the various supply chain processes drives market growth. Supply chain as a service (SCaaS) includes a... Read More »
May 2024The global portable air purifier market size was valued at USD 11,199.4 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. The market is driven by a rise in air pollution levels, mainly in urban areas. Outdoor air pollution is like... Read More »
March 2024The North America wires and cables market size was valued at USD 32.96 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. Over the past years, several developments have occurred in the wires and cables industry. The increase in r... Read More »
November 2023The global microgrid market size was estimated at USD 76.88 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. Rising power demand in developing countries including Mexico, China, India, and Russia as a result of growth in househol... Read More »
November 2023The global floating LNG power vessel market size was estimated at USD 728.02 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030. The insufficient power generation infrastructure in developing nations, reduced pollution levels, and th... Read More »
October 2023The global diaphragm pump market size was valued at USD 7.32 billion in 2021 and is estimated to register a compound annual growth rate of (CAGR) 5.5% from 2022 to 2029. Rise in investments in water treatment facilities and oil and gas industry are expected to be the key factors dri... Read More »
September 2023The sustainable provision of future energy demand can be significantly aided by biomass. It currently contributes the most renewable energy to the world's energy mix, and there is tremendous room for growth in the generation of heat, power, and transportation fuels. By utilizing the cons...Read More »
The Middle East switchgears market size was estimated at USD 10.29 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. The Middle East switchgears market is anticipated to be driven by the rising power demand brought on by a g... Read More »
February 2023The global hydraulic cylinder market size was valued at USD 15.32 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. Increasing adoption of hydraulic cylinders in numerous industries such as material handling, construction and inf... Read More »
July 2022The global distributed energy generation market size to be valued at USD 580.8 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% during the forecast period. Factors, such as growing environmental awareness, increasing government policies and Gr... Read More »
June 2022The global busbar market is expected to register growth over the forecast period. Higher concerns regarding energy efficiency with preference for busbars over cables due to their low cost are the factors expected to drive the market size. Integration of wind power technology in global po...Read More »
The global supervisory control and data acquisition (SCADA) systems market is expected to witness brisk growth over the forecast period. SCADA systems are used for automation largely by industries such as power, water & wastewater management, and oil & gas. Supervisory control an...Read More »
The global smart grid technology market is expected to experience brisk growth over the forecast period due to increasing energy demand across the world. The rise in government support for smart grid technologies is estimated to contribute towards the smart grid technology industry&...Read More »
The global crude oil carrier fleet grew by 8.4 million dead weight tonnes (MDWT) and around 1.7% in the first half of 2015. Increasing global population and subsequent demand for crude oil and its by-products are expected to drive the industry over the forecast period. Carriers provide a...Read More »
The global liquefied natural gas compressor market is expected to witness growth over the forecast period owing to changing energy consumption patterns coupled with growing natural gas demand as a major fossil fuel. Capacity expansions in existing liquefied natural gas (LNG) plants as we...Read More »
Global fuel injection systems market has received a tremendous boost in recent years on account of rising environmental concerns and regulations regarding carbon emissions. On account of increasing population, improved lifestyles, and subsequent demand for passenger cars, fuel injection ...Read More »
The global packaged substation market is expected to grow over the forecast period owing to increasing electricity demand as many critical infrastructures such as data centers rely on electric power for continued operations. Rising urbanization and industrialization in the developing as ...Read More »
The global very large gas carrier market is expected to witness high growth over the forecast period owing to increasing LPG transportation demand globally. North America already witness high LPG distribution demand owing to shale gas plays in the region.Other regions mainly Asia Pacific...Read More »
The global top drive systems market is expected to witness a significant growth over the forecast period owing to growing energy consumption and increasing demand for oil rigs. They are used in drilling rigs due to their assistance in vertical movement of the derricks. It is used to faci...Read More »
The global smart gas market is poised for growth over the forecast period, which can be attributed to several government mandates and regulations as well as the need to efficiently manage resources. The market is driven primarily by the European market where governments and regulations h...Read More »