According to the report published by Allied Market Research, the global electrolyzer industry was pegged at $0.2 billion in 2019, and is anticipated to reach $0.9 billion by 2027, registering a CAGR of 24.6% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, top segments, top investment …
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The petrochemical sector is a major industry that propels the petroleum liquid feedstock market. Rise in adoption of petrochemical items from end-use industries, such as construction, plastic, transportation, and others, has been propelling the petrochemical industry growth. One of the major uses of petroleum liquid feedstock is in the manufacturing and processing of aromatics. There …
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North America is one of the major regions of the solar thermal collectors market. This is attributed to the rise in dependence and awareness regarding renewable energy, presence of key players, and others. Asia-Pacific is also one of the significant regions of the solar thermal collectors market, owing to presence of countries such as China. …
Rise in penetration of technology in the oil sector has created a way for the deployment of smart oilfields. Key participants operating in the oil business are trying to deploy smart oil fields and maximize oilfield recovery, decrease downtime, and consequently increase profitability through integrated workflows. Technological advanced oil fields enable oil companies to redevelop …
High demand for oil & gas field services is the major factor driving the growth of the global oil & gas field services market. Technological advances have broadened service offerings by oil & gas field services providers and improved industry efficiency, which boost the market growth. In addition, exploration and production (E&P) companies are the …
Rail turnout or switch is a mechanical installation enabling railway trains to be guided from one track to another, such as at a railway junction or where a spur or siding branches off. The switch consists of a pair of linked tapering rails, known as points switch rails or point blades, lying between diverging outer …
The increase in participation of water-based sports and seaborne trade is likely to drive the growth of marine signaling devices market. The recreational sports such as scuba diving and snorkeling are the new trends, and the countries are adapting these sports on a large scale, thus boosting the need for safety equipment for emergency conditions. …
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A new energy-charged or new energy bus is powered exclusively or mainly by new energy. Moreover, the use of the term new energy bus normally implies that new energy is used not only for powering electric equipment on the bus, but also for propulsion of the vehicle. In addition, new energy panels on buses are …
The adoption of combined cycle wind turbines and integrated wind combined cycle in the industrial &commercial sector is the major driving factor of the global wind turbine shaft market. These technologies generate high efficiency &eco-friendly electricity and power. Moreover, the thermal efficiency of wind turbine shaft is higher than of a reciprocating engine. Wind turbine …
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Increase in demand for energy across the globe acts as a key driving force of the global bio pelleting energy market. In addition, environmental concerns toward rising carbon oxide emissions leads to the high usage of bio-based products. Moreover, the biopelleting energy is renewable and be replanted, thus making the process cost-effective. This technique further …
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