The global blockchain in energy market is projected to reach USD 7,110.1 million by 2023, at a CAGR of 78.32%, from an estimated USD 394.3 million in 2018. The growth of the blockchain in energy market is mainly driven by the rising security concerns across …
The global progressing cavity pump market is expected to grow at a CAGR of 6.24%, from 2018 to 2023, to reach a market size of USD 4.08 billion by 2023. Suitability for handling high viscosity fluids, increasing investments in infrastructure development activities, and high demand …
The global electric traction motor market is expected to grow at a CAGR of 18.10% from 2018 to 2023 to reach a market size of USD 28.51 billion by 2023. The increasing demand for carbon emission-free vehicles, increasing transportation system efficiency, and the need for …
The global current transducer market is projected to reach USD 683.7 million by 2023, growing at a CAGR of 3.31%, from an estimated USD 563.2 million in 2018. The growth of the current transducer market is mainly driven by the increasing adoption of the control …
The light tower market is expected to grow at a CAGR of 6.1% from 2017 to 2022, to reach a market size of USD 2.72 billion by 2022. A rapid growth of the construction industry, growing investment in the oil & gas sector, and restart …
The global digital oilfield market is projected to reach USD 30.4 billion by 2024 from an estimated value of USD 24.1 billion in 2019, at a CAGR of 4.77%. Â New technological advancements, and increased return on investment are the factors which are likely to drive …
The global field-erected cooling tower market is expected to grow at a CAGR of 3.78%, from 2017 to 2022, to reach a market size of USD 2.15 billion by 2022. Stringent environmental regulations are expected to drive the demand for field-erected cooling towers, globally. The …
The global recloser control market is expected to grow at a CAGR of 6.22%, from 2017 to 2022, to reach a market size of USD 1.52 billion by 2022. The increasing demand for electric power worldwide, rapid industrialization, and increased investment in automated power equipment …
The hazard control market is expected to grow at a CAGR of 5.83%, from 2017 to 2022, to reach a market size of USD 1.63 billion by 2022. The stringent norms for industrial safety, development of unconventional hydrocarbon resources, growing environmental concerns, and growing concern …
The gas insulated transformer market is projected to grow from an estimated USD 2.75 billion in 2018 to USD 3.45 billion by 2023, at a CAGR of 4.61%. Factors such as space constraints in densely populated urban areas, no risk of oil leakage, and government …
The PDC drill bits market is estimated to grow at a CAGR of 4.41% from 2018 to 2023, to reach a projected market size of USD 4.54 billion by 2023. This growth can be attributed to the increasing demand for production & exploration activities in …
The global bag filter market is projected to reach USD 10.2 billion by 2023 from an estimated USD 7.8 billion in 2018, at a CAGR of 5.54%. This growth can be attributed to factors such as growth in the cement and mining industry, requirement of …
The global power plant control system market is projected to reach USD 6.22 billion by 2022, growing at a CAGR of 5.78%, from an estimated USD 4.70 billion in 2017. The growth of the power plant control system market is majorly driven by the increase …
The electrical SCADA market is expected to grow at a CAGR of 7.48%, from 2017 to 2022, to reach a projected market size of USD 3.29 billion by 2022. This growth is mainly attributed to the increasing investments in electrical networks and government initiatives toward …