The rapid surge in technological innovations related to extraction of hydrogen through sustainable resources such as Green hydrogen has significant impact on hydrogen generation market. The government initiatives towards zero carbon emissions led to the increase in utilization of fuel cell powered vehicles. Furthermore, the increased population across the globe has led to increase in …
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Rapid industrialization and urbanization in developing countries are all anticipated to increase demand for environmental remediation during the forecast period. The environmental remediation market size was valued at $105 billion in 2021 and is estimated to reach $200.1 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. Environmental remediation refers to …
The geothermal turbine market will exhibit high potential growth in the coming years. Owing to the factors that it has excellent reliability and can be used for both direct heating and electricity generation. In addition, a rise in infrastructural development activities and industrial growth boost demand for electricity thus in turn increase in the demand …
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A rise in production & exploration activities increased investments in the oil and gas sector across the globe and increased the number of hydraulic fracturing operations, which may lead to an increase in the demand for hydraulic workover units over the forthcoming years. The hydraulic workover units market size was valued at $7.1 billion in …
The smart well market share is expected to witness considerable growth in the coming years, owing to an increase in investment by prime players of the market in oilfield digital solutions. Further, increasing the production optimization from existing well is primarily expected to drive the global smart well market positively during the forecast. The smart …
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Solar concentrators will have a gradual growth due to the demand for direct heating and drying in various applications such as water desalination and generating power. The increase in population and gradual awareness among the people regarding the advantages of solar concentrators will boost the market. The presence of demand for hot water in residential …
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Growth in industrial energy-related technologies & systems and rising initiatives from developing & developed economies in order to reduce emissions of greenhouse gases by increasing employment of industrial heat pumps in major end-use industries propel the demand for heating systems, which, in turn, are anticipated to drive the growth of the industrial heat pumps market …
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An increase in exploration activities related to oil fields in North America and LAMEA regions is expected to drive the growth of the market during the forecast period. In addition, an increase in the use of shale shakers in Drilling Equipment is anticipated to be the driving factor during the forecast period. On the contrary, …
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The fusion energy market is gaining worldwide attention from private billionaires to governments and institutions. The investments are pouring in for research and development activities and for conducting experiments. However, the market is in the nascent stage, and many executives advocating fusion energy as the future of power generation are claiming to have the process …
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The global tankless water heater market size was valued at $6.3 billion in 2021, and is estimated to reach $12.3 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031. A tankless water heater, also known as an on-demand water heater or instantaneous water heater, is a type of water heating system …