Rise in merchandise trade is the key factor that drives the growth of the global marine gensets market. Expansion in the tourism industry due to improvement in living standards boosts the marine trade, which correspondingly increases the adoption of marine gensets. The shipping industry requires supplement power as a backup necessity, thus boosting the marine …
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Factors such as rise in rig counts due to new discoveries in oil & gas field is anticipated to boost the downhole drilling tools market. In addition, ongoing demand for technically advanced equipment, which function efficiently in high-pressure and high-temperature (HPHT) circumstances to increase the rate of penetration (ROP) boosts the growth of the market. …
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Increase in industrialization and surge in population rate, globally, have resulted in growing consumption rate of energy, which is projected to fuel the demand for geothermal drill bits around the world. Geothermal energy is one of the innovations for renewable energy generation and has attracted substantial investments and funds over the past few years. This …
Rise in demand for petrochemicals & energy and increase in investments in natural gas exploration operations are projected to drive the growth of the global mining and oil field manufacturing machinery market during the forecast period. The global mining and oil & gas field machinery manufacturing industry is projected to grow at a notable rate …
The global rise in industrialization and increase in urbanization boost the energy & power production demand. Increase in unconventional energy & power activities and activities under deepwater enables to receive higher market revenue from logging during drilling processes. Moreover, surge in demand for technical innovations in cost-competitive production of oil & gas is anticipated to …
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Elevator Rope Market report offers an overall scope of the market which includes future supply and demand scenarios, changing market trends, high growth opportunities, and in-depth analysis of the future prospects of the market. The report discusses the competitive data analysis of emerging and leading market players. Further, it offers comprehensive data analysis on risk …
According to the report published by Allied Market Research, the Japan Portable Power Station market generated $137.9 million in 2020, and is projected to reach $225.5 million by 2030, witnessing a CAGR of 5.1% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, …
Allied Market Research recently published a report, titled, “Circuit Breakers Market by Voltage, by Insulation Type, by Installation, by End User: Global Opportunity Analysis and Industry Forecast, 2020-2030″. As per the report, the global circuit breakers industry accounted for $9.4 billion in 2020, and is expected to reach $17.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to …
Allied Market Research published a report, titled, “Energy Storage Systems Market by Technology, End User, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global energy storage systems industry generated $188.5 billion in 2020, and is estimated to reach $435.4 billion by 2030, witnessing a CAGR of 8.3% from 2021 to 2030. Increase in demand for transport …
Allied Market Research published a new report, titled, “Advanced Energy Market.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the …
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