The global axial flow pump market size was estimated at USD 40.2 billion in 2018 and is projected to ascend at a CAGR of 8.4% from 2019 to 2025 on account of rising product demand from various applications including domestic water & wastewater, chemicals, petroleum, food & bevera...Read More »
July : 2019The global wires and cables market size was estimated at USD 164.94 billion in 2018 and is expected to expand at a CAGR of 4.9% over the forecast period. Increasing urbanization and rapidly growing building infrastructure are the major factors driving the growth. These have impacted the ...Read More »
June : 2019The Europe Maintenance, Repair, and Overhaul (MRO) distribution market size was valued at USD 184.69 billion in 2018. It is anticipated to expand at a CAGR of 2.5% during the forecast period. To improve or standardize the quality of equipment and services in various critical operations a...Read More »
June : 2019The North America maintenance, repair & overhaul distribution market size was estimated at USD 156.80 billion in 2018 and is expected to register a CAGR of 3.1% over the forecast period. Increasing product penetration in the manufacturing industry owing to rising standardization of e...Read More »
March : 2019The global horizontal directional drilling market size was valued at USD 7.37 billion in 2018. It is anticipated to expand at a CAGR of 13.2% from 2019 to 2025. Growing emphasis on causing minimal damages to the environment and minimizing inconvenience caused to public while carrying out...Read More »
February : 2019The LPG vaporizer market size in North America, Europe, and Africa was estimated at USD 1.13 billion in 2017. The markets are projected to register a cumulative CAGR of 2.8% during the forecast period. Increasing use of Liquefied Petroleum Gas (LPG) requiring high-pressure vaporization o...Read More »
January : 2019The global diaphragm pump market size was valued at USD 4.76 billion in 2017 and is estimated to register a CAGR of 5.5% during the forecast years. Rise in investments in water treatment facilities and oil and gas industry are expected to be the key factors driving the global market over...Read More »
December : 2018The global nitrous oxide market size was valued at USD 805.1 million in 2016. Increasing demand from various industries such as automotive, electronics, medical, and food & beverages is expected to be the key trend stimulating market growth. In addition, significant demand from Asia ...Read More »
March : 2018The global distributed energy generation (DEG) market size was valued at USD 168.1 billion in 2016. Incentives and schemes by governments such as feed-in-tariff in Asia Pacific and North America are expected to fuel the demand for DEG systems. Government schemes aim at promoting installa...Read More »
March : 2018The global LNG market size was estimated at 265 million tons in 2016. The rapid development of pipeline infrastructures, increasing demand for natural gas from downstream sectors, reduced prices, and favorable government regulations are some major factors driving the industry growth. Inc...Read More »
August : 2017The global microgrid market size was valued at USD 3.76 billion in 2016. Rising power demand in developing countries including Mexico, China, India, and Russia as a result of growth in household and industrial sectors is expected to be a driving force. Microgrid is a local electric syste...Read More »
August : 2017The global subsea manifolds market size was valued at USD 3.31 billion in 2016. Increasing deepwater drilling activities and favorable revised offshore regulations are expected to be a key factor driving market growth. Oil forms a dominant part of energy sources and growing energy intens...Read More »
May : 2017The global Demand Response Management Systems (DRMS) market size was estimated at USD 6.84 billion in 2015. Factors such as the integration of Distributed Energy Resources (DER), rising adoption of smart meters in the residential segment, integration of Electric Vehicles (EVs) with smart...Read More »
April : 2017Busbar consists of a strip of conductor made of aluminum or copper, supported by insulators that can connect the electrical loads and power supply in an integrated electrical network. It has a range of applications majorly in switchgears, distribution panels, switchboards, and any establ...Read More »
The global carbon capture and storage (CCS) market size was 61,150 kilo tons in 2015. The national governments of various countries especially in the North America and the European region are accelerating their drive to combat climate change with a sharp focus on the power sector, the so...Read More »
November : 2016The global drill pipe market size was USD 935.0 million in 2015. Significant oilfield expansions particularly in the North America and the Middle East along with improving drilling techniques with enhanced productivity have been the key factors steering industry growth over the past few ...Read More »
October : 2016SCADA systems are used for automation largely by industries such as power, water & wastewater management and oil & gas. SCADA (Supervisory control and data acquisition systems) with their exclusive feature such as capturing data from the distant area devices and allowing the cent...Read More »
The global distributed natural gas-fueled generation market size was USD 11.20 billion in 2015. Factors such as stringent environmental standards to reduce carbon footprint, demand for reliable power, and decreasing costs of onsite generation relative to alternatives like grid power is e...Read More »
October : 2016Global smart grid technology market is expected to experience brisk growth over the forecast period due to increase energy demand across the world. The rise in government support for smart grid technologies is estimated to contribute towards the smart grid technology industry g...Read More »
The substantial growth prospects of utility poles can be attributed to significant growth in utilities and telecommunications industry. Support by several governments and local municipal corporations have considerably stimulated demand. ...Read More »
July : 2016The Middle East distribution panel market size was estimated at USD 1.34 billion in 2014. Rising population and an increasing demand for electricity in the region have driven demand....Read More »
December : 2015The Latin America low voltage cables market size was estimated at USD 5.65 billion in 2014. Technological proliferation and rapid industrialization are expected to drive industry growth over the forecast period....Read More »
September : 2015The Middle East cables market is poised to grow at a significant rate owing to huge investments in various mega projects in construction, infrastructure, oil & gas and power sectors. Power cables are used in various applications in the industrial and commercial sector....Read More »
May : 2015Increasing power consumption owing to growing population is expected to drive the Middle East switchgears market. Switchgears operate as a backbone for modern electrical systems. They are majorly used to minimize electric failures and alleviate aftereffects of fault currents that flow th...Read More »
May : 2015Global crude oil carrier fleet grew by 8.4 million dead weight tonnes (mdwt) and around 1.7% in the first half of 2015. Increasing global population and subsequent demand for crude oil and its by-products is expected to drive the industry over the forecast period. Carriers provide a conv...Read More »
Changing energy consumption patterns coupled with growing natural gas demand as a major fossil fuel is expected to drive global liquefied natural gas (LNG) compressor market growth over the forecast period. Capacity expansions in existing LNG plants as well as upcoming projects particula...Read More »
Global fuel injection systems market has received a tremendous boost in recent years on account of rising environmental concerns and regulations regarding carbon emissions. On account of increasing population, improved lifestyles and subsequent demand for passenger cars, fuel injection s...Read More »
Global packaged substation market is expected to grow over forecast period owing to increasing electricity demand as many critical infrastructures such as data centers rely on electric power for continued operations. ...Read More »
Global very large gas carrier market is expected to witness high growth over the forecast period owing to increasing LPG transportation demand globally. North America already witness high LPG distribution demand owing to shale gas plays in the region. Other regions mainly Asia Pacific ow...Read More »
Global top drive system market is expected to witness a significant growth over the forecast period owing to growing energy consumption and increasing demand for oil rigs. They are used in drilling rigs due to their assistance in vertical movement of the derricks. It is used to facilitat...Read More »
Cost reduction, yield improvement and performance optimization are projected to drive the global the specialty gas market over the next six years. ...Read More »
Growth of demand of specialty chemicals owing to expanding industrialization globally has led to the increased demand for industrial gases. Industrial gases belong to a special class of chemicals that caters to a wide array of applications in several end use industries....Read More »
The global smart gas market is poised for growth over the forecast period, which can be attributed to several government mandates and regulations as well as the need to efficiently manage resources. ...Read More »
Increasing requirement for monitoring and controlling fluid dynamics of existing pipelines in industrial manufacturing, transportation, power and energy supply industries is expected to drive global pipeline safety market over the forecast period. ...Read More »
Global gas meter market is expected to be driven by growing gas consumption over the forecast period. These meter play a key role in measuring consumption across various application areas such as domestic, commercial, and industrial. Growing energy demand and environmental concerns have ...Read More »
Global LPG tanker market is expected to witness strong growth over the forecast period on account of increasing LPG trade across various countries. Strong growth of shale gas production is further expected to boost LPG tankers demand over the next seven years. Volatile crude oil prices c...Read More »
Global dispensing systems and equipment market is expected to witness a dramatic growth in next seven years owing to rising demand in chemical and oil & gas downstream industries. These systems are majorly used in large scale industries such as industrial solvents, pharmaceuticals, h...Read More »
Shifting consumer trends from non-renewable towards renewable sources owing to rising energy costs is anticipated to fuel thermal storage market growth over the next seven years. Environmental concerns regarding harmful emissions from use of non-renewable sources such as increasing carbo...Read More »
Increasing oil and gas offshore drilling practices are expected to drive global thermoplastic market over the forecast period. Owing to various properties including flexibility, outstanding chemical resistance, low installation and maintenance cost, high strength, greater flow characteri...Read More »
Global hydraulic power unit market is expected to experience boom over the forecast period owing to rising construction and increasing production capacities of oil fields coupled with growing stress on the agricultural sector. It had witnessed considerable growth in the past decades sinc...Read More »
Geocells market is expected to witness significant growth over the forecast period owing to rapid urbanization along with accelerating construction sector in various countries including India, China and South Africa. Increasing demand for these three dimensional honeycomb structures whic...Read More »
The growth of construction industry mainly in the emerging economies of BRICS (Brazil, Russia, India, China and South Africa) has been one of the major factors driving the demand for construction coatings in the world. The growth global market for construction coatings is directly propor...Read More »
Globally increasing electricity demand coupled with rising application in renewable energy is anticipated to drive cogeneration equipment market over the next seven years. The market is expected to grow at an estimated CAGR of 9% over the next seven years. Rising energy prices is expecte...Read More »
Global circulating fluidized bed (CFB) boilers market has experienced a steady growth over recent years and is expected to witness significant expansion over next seven years owing to growing concern over strict adherence to toxic standards and policies. Increased population coupled with...Read More »
The global heat exchanger sector is expected to grow significantly owing to its tremendous use in various industries including chemical and petrochemical. These products are used to transfer heat from one medium to another. The media may be separated by a wall to prevent mixing of media ...Read More »
Fluid power pump and motors find its application in various end-use industries including agricultural, construction, marine, entertainment, packaging, industrial, military & aerospace, mining, earthmoving equipment, material handling and medical industries. Increasing need for sophis...Read More »
Global cryogenic tank market is estimated to grow at a CAGR of over 7% in the next seven years owing to growing requirement for low temperature operations in chemical and food & beverages industries. Globally, over 250,000 tank units are consumed for storage and transportation of ind...Read More »
Global dolomite mining market is expected to witness considerable growth over the next seven years owing to growing road construction industry in emerging economies such as Asia Pacific and Latin America. Dolomite rock known as dolostone is crushed and sized before it is used as a base m...Read More »