Carbon Capture And Storage Market TrendsThe global carbon capture and storage market size was estimated at USD 3.28 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. Increasing carbon emissions across the world and surging concern... Read More »
October 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 hydrogen fueling station market size was estimated at USD 639.4 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 24.5% from 2023 to 2030. The driving factors for the growth of the market include the increasing demand for zero-emission vehicl... Read More »
October 2023The U.S. heat exchangers market size was estimated at USD 2.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The rising demand for heat transfer solutions across various end-use industries, owing to the robust industrialization... Read More »
October 2023The global axial flow pump market size was estimated at USD 3,992.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 3.1% from 2023 to 2030. The growth of the market is primarily attributed to the rising investments in wastewater treatment facilitie... Read More »
October 2023The global pipeline pigging services market size was valued at USD 9.7 billion in 2018 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.7% from 2019 to 2025. Pipeline pigging is a practice of using a device, known as the “pig”, to clean the pipes and pe... Read More »
September 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 global industrial batteries market size to be valued at USD 27.4 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027. Rising demand for back-up power in the industrial sector coupled with demand for batteries in grid-level en... Read More »
August 2023The global drill pipe market size was valued at USD 2,406.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. Significant oilfield expansions, particularly in the North America and Middle East regions, along with improving drilling... Read More »
May 2023The global microgrid market size was valued at USD 54.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.3% from 2023 to 2030. Rising power demand in developing countries including Mexico, China, India, and Russia as a result of growth in the househol... Read More »
April 2023The global building-integrated photovoltaics market size was valued at USD 19.82 billion in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of 21.0% from 2023 to 2030. The rapid expansion of the solar photovoltaic (PV) installation capacities of different countries, ... Read More »
March 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 LPG vaporizer market size to be valued at USD 1.37 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% during the forecast period. Increasing the use of Liquefied Petroleum Gas (LPG) requiring high-pressure vaporization of the gas is the maj... Read More »
July 2022The 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 natural gas generator market size was valued at USD 7.13 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 11.4% during the forecast period. The rising occurrence of power outages and power supply deficits globally, combined with regulations... Read More »
May 2022The global liquefied natural gas market size was valued at USD 109.48 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.1% from 2022 to 2030. Growing demand for electric power through clean energy sources is likely to propel market growth over the com... Read More »
May 2022The global LPG tanker market size was valued at USD 182.02 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. Strong growth in shale gas production is likely to propel the market growth over the coming years.... Read More »
March 2022The Europe carbon capture utilization market size was valued at USD 1,032.26 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 18.4% from 2020 to 2028. Factors such as increasing applications of CCU in the enhanced oil recovery (EOR) in the oil & ga... Read More »
January 2022The global floating power plant market size was valued at USD 1.0 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2020 to 2027. Increasing demand for clean electricity among end-use sectors along with the lack of power infrastructure across se... Read More »
July 2020The global rechargeable poly lithium-ion battery market size was valued at USD 124.5 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027. The market is majorly driven by growing demand for rechargeable poly lithium-ion batteries in el... Read More »
July 2020The global cryogenic tanks market size was valued at USD 5.7 billion in 2019 and is projected to expand at a compound annual growth rate (CAGR) of 4.9% from 2020 to 2027. The growth can be attributed to the growing demand for low-temperature operations in various end-use industries such ... Read More »
June 2020The global generator sets market size was valued at USD 23.9 billion in 2019 and is projected to progress at a compound annual growth rate (CAGR) of 8.1% over the forecast period. Growing demand for reliable and uninterrupted power supply from end-use sectors such as power generation, te... Read More »
June 2020The global gas pipeline infrastructure market size was valued at USD 2,480.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.4% from 2020 to 2027. Growing natural gas demand across key industries including power generation, residential and commercial,... Read More »
May 2020The North America wires and cables market size was valued at USD 25.1 billion in 2018 and is estimated to exhibit a CAGR of 4.2% over the forecast period. Over the past years, there have been several developments in the wires and cables industry. The increase in renewable energy generati... Read More »
November 2019The global subsea manifolds market size was valued at USD 3.31 billion in 2016. Increasing deepwater drilling activities and favorable revised offshore regulations are expected to be key factors driving market growth. Oil forms a dominant part of energy sources and growing energy-intensi... Read More »
May 2017The 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 distributed natural gas-fueled generation market size was USD 11.20 billion in 2015. Factors such as stringent environmental standards to reduce carbon footprint, demand for reliable power, and decreasing costs of onsite generation relative to alternatives like grid power is e... Read More »
October 2016The 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 Middle East cables market is poised to grow at a significant rate owing to huge investments in various mega projects in construction, infrastructure, oil & gas, and power sectors. Power cables are used in various applications in the industrial and commercial sectors. They are wid... Read More »
May 2015The 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 »
The global pipeline safety market is expected to witness growth owing toover the forecast period, driven bythe increasing requirement for monitoring and & control the fluid dynamics of the existing pipelines in across industrial manufacturing, transportation, power, and energy supply...Read More »
The global gas meter market is expected to be driven by growing gas consumption over the forecast period. These meters play a key role in measuring consumption across various application areas such as domestic, commercial, and industrial. Growing energy demand and environmental concerns ...Read More »
Global dispensing systems and equipment market is expected to witness a dramatic growth in the next seven years owing to rising demand in chemical and oil & gas downstream industries. These systems are majorly used in large scale industries such as industrial solvents, pharmaceutical...Read More »
The global thermoplastic pipe market is driven by increasing oil and gas offshore drilling practices. Owing to various properties including flexibility, outstanding chemical resistance, low installation and maintenance cost, high strength, greater flow characteristics, high mechanical da...Read More »
The global hydraulic power unit market is expected to experience boom over the forecast period owing to rising construction and increasing production capacities of oil fields coupled with growing stress on the agricultural sector. It had witnessed considerable growth in the past decades ...Read More »
The global geocell market is expected to witness significant growth over the forecast period owing to rapid urbanization along with accelerating the construction sector in various countries including India, China, and South Africa. Increasing demand for these three-dimensional honeycomb ...Read More »
The growth of global Construction Coatings Market is directly proportional to the growth of the global construction industry. The growth of the construction industry mainly in the emerging economies of BRICS (Brazil, Russia, India, China, and South Africa) has been one of the major facto...Read More »
Globally increasing electricity demand coupled with rising application in renewable energy is anticipated to drive cogeneration equipment market over the next seven years. The market is expected to grow at an estimated CAGR of 9% over the next seven years. Rising energy prices are expect...Read More »
Global circulating fluidized bed boilers market has experienced a steady growth over recent years and is expected to witness significant expansion over next seven years owing to growing concern over strict adherence to toxic standards and policies. Increased population coupled with volat...Read More »
The global fluid power pump and motor market is expected to witness significant growth over the forecast period. Fluid power pump and motors find its application in various end-use industries including agricultural, construction, marine, entertainment, packaging, industrial, military &am...Read More »