The industrial gases market size was valued at $93.8 billion in 2021, and industrial gases market is estimated to reach $162.8 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. Industrial gases mainly consist of carbon dioxide, hydrogen, nitrogen, oxygen, and noble gases (helium, neon, argon, krypton, xenon and radon). The …
Category Archives: Energy and Power
Gas Turbine Service Market to Witness Robust Expansion By 2031 With Prominent Key Players: VERICOR, PROENERGY, Opra Turbines, General Electric
The gas turbine service market size was valued at $19.6 billion in 2021, and gas turbine services market is estimated to reach $32.1 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. A gas turbine is a combustion engine at the heart of a power plant that can convert natural gas or other …
Captive Power Generation Market to Surge at a Robust Pace in Terms of Revenue Over 2030
Rapidly growing demand for power to run power consuming manufacturing industries across the developing and developed countries is one of the major factors fueling the demand for Captive power generation market. The surge in industrialization and urbanization across the developing countries and shift in the movement of individuals from the rural to urban areas led …
Diaphragm Pump Market Growth, Trends, Opportunities and Forecast to 2030
Rapidly growing Urbanization and industrialization play a vital for every sector and nation since urbanization led to increase the water and wastewater activities which led to increase the demand of diaphragm pump. The global diaphragm pump market size was valued at $5.4 billion in 2020, and global diaphragm pump market forecast projected to reach $9.3 …
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Nuclear Power Plant and Equipment Market Growth, Trends, Opportunities and Forecast to 2030
Rise in demand for low-cost energy, reliable, zero carbon emissions, and high energy density energy across the world led to increase in the demand for nuclear energy. In addition, the increase in demand for electricity caused in part by the increase in population, and by economic development also led to increase the demand of nuclear …
Oilfield Auxiliary Rental Equipment Market to Witness Comprehensive Growth by 2030
The oilfield auxiliary rental equipment market is anticipated to witness considerable growth during the forecast period. This is attributed to factors, such as rise in demand for crude oil and other oil & gas products from developing regions, including Asia-Pacific and Latin America. In addition, rapid growth of hybrid or dual fuel vehicles across the …
Ozone Generation Market to Witness Robust Expansion Throughout the Forecast Period 2021 – 2030
The global ozone generation market size was valued at $1.5 billion in 2020, and is projected to reach $2.5 billion by 2030, at a CAGR of 5.3% from 2021 to 2030. Ozone, also known as trioxygen, has the chemical formula O3 and is composed of three oxygen atoms. Ozone gas is naturally unstable at normal …
Cast Resin Dry Type Transformer Market Strategic Plan for Positive Growth 2030
The cast resin dry type transformer market size was valued at $3.0 billion in 2020, and is projected to reach $5.0 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030. Cast resin dry type transformers are magnetic core transformers in which the windings and core are kept in a sealed tank …
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Mobile Battery Market to Witness a Pronounce Growth During 2021 To 2030
The mobile battery market size was valued at $21.2 billion in 2020, and is projected to reach $38.6 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030. Mobile batteries are the batteries used to provide electric power to mobile phones for their operations. Mobile phones or smartphones have become the most …
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Power Distribution Unit Market Expected to Witness Sustainable Growth Over 2030
The power distribution unit market size was valued at $4.1 billion in 2020, and is projected to reach $7.9 billion by 2030, growing at a CAGR of 6.9% from 2021 to 2030 A power distribution unit is an electrical device that has multiple sources of integrated power outputs. Each power output socket can be connected …
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