Small Modular Reactor Market May Set Massive Growth by 2030

Small Modular Reactor Industry Size

The global small modular reactor market size is estimated to be USD 5.8 billion in 2023 and is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. Factors such as the versatile nature of nuclear power and …

Power Anywhere: Exploring the Versatility of Portable Power Stations

The global Portable Power Station Market is projected to reach USD 1.1 billion in 2028 from USD 0.5 billion in 2023 at a CAGR of 18.4% according to a new report by MarketsandMarkets™.  Portable power stations are portable and compact devices that function as independent …

Hydrogen Fueling Station Market Likely to boost future growth by 2030

New Revenue Pockets: The global hydrogen fueling station market is projected to reach USD 1,129 million by 2030 from an estimated USD 380 million in 2023, at a CAGR of 16.8% during the forecast period. Factors such as stringent government regulations to control greenhouse gas …

Offshore Support Vessel Market to Witness Rapid Growth in Near Future

Offshore Support Vessel Market

The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™.  An offshore support vessel (OSV) is specially designed to support offshore exploration, …

Green Ammonia Market: Opportunities in the Renewable Era

Green Ammonia Market

The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment …

Smart Meter Market Surge Towards Solid Growth by 2028

Smart Meter Market

The global Smart Meter Market is projected to reach USD 36.3 billion in 2028 from USD 23.1 billion in 2023 at a CAGR of 9.4% according to a new report by MarketsandMarkets™. The emergence of electric, gas, and water smart meters has revolutionized utility operations. …

Refinery and Petrochemical Filtration Market to Witness Huge Growth by 2028

Refinery and Petrochemical Filtration Market

The global Refinery and Petrochemical Filtration Market is projected to reach USD 6.1 billion in 2028 from USD 4.6 billion in 2023 at a CAGR of 6.0% according to a new report by MarketsandMarkets™. Refinery and petrochemical filtration are essential processes in downstream oil and gas …

Electrolyzers Market to Show Massive Growth by 2028

Electrolyzers Market

The global Electrolyzers Market is projected to reach USD 23.6 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 80.3% according to a new report by MarketsandMarkets™. The Electrolyzers Market has promising growth potential due to the rising deployment of electrolyzers …

Diesel Engines Market is Booming Across the Globe and Witness Huge Growth

Diesel Engines Market

The global Diesel Engines Market is projected to reach USD 78.8 billion in 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% according to a new report by MarketsandMarkets™.  The market growth has been attributed to the growing demand for commercial vessels, …

Pad-Mounted Switchgear Market: Installation of Underground Distribution Systems to Reduce Energy Losses and Enhance Safety

Pad-Mounted Switchgear Market

The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™.  Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while …

Power Grid Market Surge Towards Solid Growth by 2028

Power Grid Market

The global Power Grid Market is projected to reach USD 367.4 billion in 2028 from USD 282.1 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.  The power grid delivers on-demand electricity from power plants to homes and businesses …

Small Gas Engines Market: High Demand for Lawn Mowers to Fuel the Market Growth

Small Gas Engines Market

The global Small Gas Engines Market is projected to reach USD 4.3 billion in 2028 from USD 3.3 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™. The Small Gas Engines Market has promising growth potential due to the …

Energy Efficient Motor Market Likely to Boost Future Growth by 2028

Energy Efficient Motor Market

The global Energy Efficient Motor Market is projected to reach USD 59.3 billion in 2028 from USD 41.7 billion in 2023 at a CAGR of 7.3% according to a new report by MarketsandMarkets™. An energy efficient motor is a type of electric motor that is …

Pressure Control Equipment Market to Witness Strong Growth by 2027

Pressure Control Equipment Market

The global Pressure Control Equipment Market is projected to reach USD 8.9 billion in 2027 from USD 6.8 billion in 2022 at a CAGR of 5.4% according to a new report by MarketsandMarkets™. Pressure control equipment helps in maintaining the required pressure levels inside a …