The global supply chain as a service market size was estimated at USD 8,710.1 million in 2023 and is projected to grow at a CAGR of 17.4% from 2024 to 2030. The increasing outsourcing of the various supply chain processes drives market growth. Supply chain as a service (SCaaS) includes a... Read More »
May 2024The global portable air purifier market size was valued at USD 11,199.4 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. The market is driven by a rise in air pollution levels, mainly in urban areas. Outdoor air pollution is like... Read More »
March 2024The North America wires and cables market size was valued at USD 32.96 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. Over the past years, several developments have occurred in the wires and cables industry. The increase in r... Read More »
November 2023The global microgrid market size was estimated at USD 76.88 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. Rising power demand in developing countries including Mexico, China, India, and Russia as a result of growth in househol... Read More »
November 2023Carbon Capture And Storage Market TrendsThe global carbon capture and storage market size was estimated at USD 3.28 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. Increasing carbon emissions across the world and surging concern... Read More »
October 2023The global floating LNG power vessel market size was estimated at USD 728.02 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030. The insufficient power generation infrastructure in developing nations, reduced pollution levels, and th... Read More »
October 2023The U.S. heat exchangers market size was estimated at USD 2.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The rising demand for heat transfer solutions across various end-use industries, owing to the robust industrialization... Read More »
October 2023The global axial flow pump market size was estimated at USD 3,992.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 3.1% from 2023 to 2030. The growth of the market is primarily attributed to the rising investments in wastewater treatment facilitie... Read More »
October 2023The global pipeline pigging services market size was valued at USD 9.7 billion in 2018 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.7% from 2019 to 2025. Pipeline pigging is a practice of using a device, known as the “pig”, to clean the pipes and pe... Read More »
September 2023The global diaphragm pump market size was valued at USD 7.32 billion in 2021 and is estimated to register a compound annual growth rate of (CAGR) 5.5% from 2022 to 2029. Rise in investments in water treatment facilities and oil and gas industry are expected to be the key factors dri... Read More »
September 2023The global industrial batteries market size to be valued at USD 27.4 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027. Rising demand for back-up power in the industrial sector coupled with demand for batteries in grid-level en... Read More »
August 2023The global drill pipe market size was valued at USD 2,406.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. Significant oilfield expansions, particularly in the North America and Middle East regions, along with improving drilling... Read More »
May 2023The global building-integrated photovoltaics market size was valued at USD 19.82 billion in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of 21.0% from 2023 to 2030. The rapid expansion of the solar photovoltaic (PV) installation capacities of different countries, ... Read More »
March 2023The sustainable provision of future energy demand can be significantly aided by biomass. It currently contributes the most renewable energy to the world's energy mix, and there is tremendous room for growth in the generation of heat, power, and transportation fuels. By utilizing the cons...Read More »
The Middle East switchgears market size was estimated at USD 10.29 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. The Middle East switchgears market is anticipated to be driven by the rising power demand brought on by a g... Read More »
February 2023The global LPG vaporizer market size to be valued at USD 1.37 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% during the forecast period. Increasing the use of Liquefied Petroleum Gas (LPG) requiring high-pressure vaporization of the gas is the maj... Read More »
July 2022The global hydraulic cylinder market size was valued at USD 15.32 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. Increasing adoption of hydraulic cylinders in numerous industries such as material handling, construction and inf... Read More »
July 2022The global distributed energy generation market size to be valued at USD 580.8 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% during the forecast period. Factors, such as growing environmental awareness, increasing government policies and Gr... Read More »
June 2022The global natural gas generator market size was valued at USD 7.13 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 11.4% during the forecast period. The rising occurrence of power outages and power supply deficits globally, combined with regulations... Read More »
May 2022The global liquefied natural gas market size was valued at USD 109.48 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.1% from 2022 to 2030. Growing demand for electric power through clean energy sources is likely to propel market growth over the com... Read More »
May 2022