The global micro turbines market is expected to grow at a CAGR of 9.46%, from 2017 to 2022, to reach a market size of USD 251.0 million by 2022. Increasing demand for electric power worldwide, subsequent investments in new power generating capacity, and growing adoption …
The global turboexpander market is expected to reach USD 390.8 million by 2023 from ~USD 290.6 million in 2018 (by value), growing at a CAGR of 6.61%. By volume, the global turboexpander market is expected to grow at a CAGR of 2.61% from 2018 to …
The distribution automation market is estimated to grow at a CAGR of 7.29% from 2018 to 2023, to reach a projected market size of USD 16.81 billion by 2023. Distribution automation is a solution, which includes monitoring, protecting, controlling, and maintaining the distribution network. Distribution …
The perforating gun market is expected to grow at a CAGR of 3.71%, from 2017 to 2022, to reach a market size of USD 898.7 million by 2022. Rising oil and gas production, increase in the average well depth over the years, growing complexity of …
The smart transformers market is expected to grow at a CAGR of 10.54%, from 2017 to 2022, to reach a market size of USD 2.43 billion by 2022. The major drivers of the smart transformers market include aging infrastructure, increasing emphasis on alternative energy production …
The global offshore support vessel market is expected to grow at a CAGR of 5.04%, from 2018 to 2023, to reach a market size of USD 25.66 billion by 2023. Increasing investments in the offshore oil & gas exploration in the Indian Ocean and South …
Heavy investments in R&D and advanced detection software by vehicle scanner manufacturers worldwide have led to continuous advancements in scanning technology. The growing security awareness and continuous improvement of vehicle scanning software are among the major factors responsible for the expected advancements in the vehicle …
The hybrid power solutions market is expected to grow at a CAGR of 8.1% from 2016 to 2021, to reach a market size of USD 689.5 million by 2021. Growth in hybrid power generation in off-grid sites, reliable power generation with minimized fuel, and reduced …
The market is witnessing growth due to factors such as increasing preference of pulmonary route as an alternate route of drug delivery, rising focus on the development of smart/digital inhalers, and increasing incidence of respiratory diseases such as COPD, asthma, and cystic fibrosis. The respiratory drug …
The advanced energy storage systems market is expected to grow at a CAGR of 8.38%, from 2017 to 2022, to reach a market size of USD 19.04 billion by 2022. The increasing investments in renewables and regulations demanding energy efficiency and electrification of the transport …
The submarine power cable market is estimated to be valued at USD 16.56 billion by 2023, at a CAGR of 15.32% from 2018 to 2023. Submarine power cables are widely used to connect offshore wind farms to mainland grids. Increasing demand for inter-country and island …
The ultrasonic flow meter market is projected to reach USD 2.1 Billion by 2024 from an estimated USD 1.5 Billion in 2019, at a CAGR of 6.5%. The growth of this market is driven by the rise in shale gas exploration activities in the US …
According to MarketsandMarkets analysis, the V2X Market is projected to grow at a CAGR of 17.61% from 2017 to 2025, to reach USD 99.55 billion by 2025. High energy savings and improvements in location accuracy and positioning are some of the advantages of V2X technology. …
The circuit breaker market is expected to grow at a CAGR of 4.85%, from 2017 to 2022, to reach a market size of USD 8.68 billion by 2022. Increasing construction and development activities, growing access to electricity in developing countries, and the rising number of …