The global LGC and VLGC LNG shipyard carrier market size was estimated at USD 8,988.76 million in 2023 and is projected to grow at a CAGR of 11.2% from 2024 to 2040. The demand for liquefied natural gas (LNG) has increased significantly in recent years, driven by several geopolitical and... Read More »
April 2024The Asia Pacific gas turbine market size was estimated at USD 3.79 billion in 2023 and is anticipated to expand at a CAGR of 5.2% from 2024 to 2030. This growth is driven by the necessity of effective power-producing infrastructure. Improved efficiency gas turbine sales have increased in... Read More »
April 2024The U.S. gas turbine market size was estimated at USD 2.27 billion in 2023 and is anticipated to grow at a CAGR of 4.7% from 2024 to 2030. This growth is attributed to the country's well-established end-use industries, which are the main sources of demand for the gas turbine indust... Read More »
March 2024The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to reach USD 182.5 billion by 2030, growing at a CAGR of 20.3% from 2024 to 2030.Automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batterie... Read More »
November 2023The global LNG bunkering market was valued at USD 1,150.1 million in 2022 and is expected to grow at a CAGR of 28.67% over the forecast period. LNG bunkering involves supplying liquefied natural gas as a fuel source for a vessel's self-use. The primary benefit of using LNG as a fuel lies...Read More »
The global oil refining market was valued at USD 1,687.7 billion in 2022 and is expected to grow at a CAGR of 4.28% over the forecast period. This market is characterized by its intricate processes, vast infrastructure, and its role as a crucial link in the supply chain of energy and pet...Read More »
The Asia Pacific food grade carbon dioxide market size was valued at USD 428.8 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. Growing demand in the freezing and chilling application stimulated by rising disposable income is e... Read More »
October 2023The India process piping market size was valued at USD 303.99 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. The growth in production and oil & gas exploration activities is one the major factors driving the process piping m... Read More »
June 2023Offshore decommissioning refers to the process of efficiently & safely removing offshore oil and gas installations, pipelines, and other infrastructure that are no longer in use or have reached the end of their life. This process involves various activities, including engineering, pl...Read More »
The global gas turbine services market size was valued at USD 33.9 billion in 2022 and is projected to reach USD 67.3 billion by 2030, growing at a CAGR of 8.7% from 2023 to 2030. The rise in environmental concerns owing to the high amount of carbon emissions from coal-based power g... Read More »
April 2023The Mexico oil and gas market size was valued at USD 185.46 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. Mexico's demand for oil & gas is anticipated to increase as a result of government subsidies and the liberalization... Read More »
March 2023The U.S. carbon dioxide market size was valued at USD 3.19 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2022 to 2030. Increasing usage of carbon dioxide for Enhanced Oil Recovery (EOR) in oil & gas plants is anticipated to drive the i... Read More »
September 2022The global nuclear-decommissioning services market size was valued at USD 8,170.1 million in 2023 and is projected to register a CAGR of 4.0% during the forecast period. The worldwide shutdown of older nuclear reactors owing to aging and the transitioning trend toward renewable sour... Read More »
May 2022The global energy harvesting system market size was estimated at USD 452.2 million in 2020 and is projected to reach USD 986.3 million by 2028, growing at a CAGR of 10.2% from 2020 to 2028. The growing applications of the Internet of Things (IoT) including smart cities, smart homes, Indu... Read More »
October 2021The global measurement while drilling market size was valued over USD 11.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2020 to 2027. The significant growth can be attributed to the rising oil and gas exploration activities over the project... Read More »
July 2020The global coal bed methane market size was valued at USD 16.0 billion in 2019 and is projected to reach USD 25.2 billion by 2027, growing at a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. The increasing consumer demand for power across numerous sectors such as residential, industrial, and comm... Read More »
July 2020The global steam condenser for the thermal power plant market is expected to progress at a steady growth rate over the forecast period. A steam condenser is a tool that is used to decrease vapor or gas to liquid. Steam condensers are heat exchangers which come in numerous sizes and desig...Read More »
The global automotive gear oil market is expected witness significant growth over the next eight years owing to its rising demand for industrial, automotive and construction machinery. The automotive gears are rotating machine parts having cogs which couple with another rotating part to ...Read More »
The global hydraulic fracturing market was valued at USD 42.83 billion in 2015. Increasing E&P in unconventional oil & gas reserves, especially in the shale basins, is expected to remain a key factor driving market growth. Escalating demand for primary energy in power generation,... Read More »
May 2016The global gas To liquid (GTL) market valuation was around USD 8.4 billion in 2014 and is expected to grow at an estimated CAGR of around 6.5% from 2015 to 2022. Increasing concerns over fossil fuel depletion and demand for alternative energy sources are expected to foster industry growt...Read More »