Rise in power generation applications is a critical factor driving the demand for flare gas recovery systems. This is precede by the growing concerns and consciousness about the adverse environmental affect of various industrial production methods. The importance of environmental preservation activities is increasing quickly. This is anticipated to sooner or later assist the adoption …
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The global aircraft health monitoring system market was valued at $3,580.02 million in 2020, and is projected to reach $7,273.84 million by 2030, growing at a CAGR of 7.65% from 2021 to 2030. An aircraft health monitoring system (AHMS) is a software and hardware system that includes, sensors and other highly networked processing units for remote monitoring …
The increase in demand for wind turbine casting is because of its ability to help in high creep resistance and developing composite components in rotor hubs as they are subjected to high stress and their role as a component in a fitting turbine is one of the major factors driving the wind turbine casting market. …
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The utility communications market is growing exponentially in the recent years owing to the digital revolution happening across the globe. Nowadays digital devices and social networks are increasingly being used in order to increase the engagement between the government, business, civil society as well as friend and family. Digital transformation has led not only to …
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Growing demand for sewage and water treatment facilities especially in emerging economies is a key factor driving growth of the global penstock market. In addition, increasing use of penstock at hydroelectric reservoirs to control water flow is another factor expected to boost the growth of the global stock market. Moreover, penstock offers various benefits such …
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Rise in electricity consumption coupled with expanding power distribution network is the key factor contributing towards the growth of global molded case circuit breaker market. Continuous adoption to circuit breaker power protection solutions by residential, industrial, and commercial sectors across various regions globally accelerates the growth of global molded case circuit breaker market. Among all …
Increased consumer spending on home upgrades and retrofits, as well as growing environmental concerns about fossil fuel-based power generation, will drive product adoption. The expansion of the worldwide solar shingles market will be aided by growing levels of pollution and a favorable regulatory environment for the use of renewable energy technologies. Furthermore, as people become …
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Membrane switch demand is increasing rapidly around the world because of their wide range of applications and rising consumer demand for consumer goods. Membrane switch manufacturers, suppliers, and end-use industries make up the membrane switch value chain. Over the forecast period, the membrane switch market is expected to benefit from the growing electronics and semiconductor …
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The energy storage systems market size was valued at $188.5 billion in 2020, and is projected to reach $435.4 billion by 2030, growing at a CAGR of 8.3% from 2021 to 2030. Energy storage systems include major technologies employed to store various forms of energy. Increased focus on production of renewable energy globally fuels the …
The global reservoir analysis market industry was valued at $8.1 billion in 2020, and global reservoir analysis market forecast projected to reach $11.8 billion by 2030, with global forecast expected at a CAGR of 3.8% from 2021 to 2030. Reservoir analysis is used to predict the performance of a reservoir that will have over the …