Market Overview
From 2023 to 2030, the utility asset management market size is projected to increase at a CAGR of 9.9% from its 2016 valuation of USD 7,340 Million. The utility asset management industry is driven by rising energy consumption, aging infrastructure, expanding distributed energy resources, and the requirement for effective and dependable power.
The liberalization of the...
Market Overview
The rise in fuel cost has expanded the demand for a fuel management system. The cost accounts are the major part of the operating cost. Higher cost prices and frequent changes in fuel prices accelerate the Fuel Management System Market demand.
The restriction in environmental policies also leads to the requirement of efficient fuel management. The system has proven...
The mounting automation levels are estimated to bolster the vacuum circuit breakers market 2023.
The power generation, transmission and distribution reports are produced by Market Research Future, which contains market alternatives for progress. A 6% CAGR is estimated to steer the market in the impending period.
The soaring development due to the devolution of the power sector and...
Market Overview
During the forecast period (2023 - 2030)., the hydrogen generators market is expected to be worth USD 2.81 billion.
The growth of hydrogen's use in the oil and gas, refining, and chemical industries is anticipated to propel the global hydrogen generator market.
To power the future and implement decarbonization systems throughout the industrial world, researchers have...
A device that converts chemical energy into electrical energy with the help of devices such as an electric generator and a diesel engine is known as a diesel generator. It can function for many hours or weeks or till the power grid is recovered.
The diesel generator has an efficiency of between 30% and 50% and is a mixture of diesel engine and alternator efficiencies. The main benefits of...
Market Overview
The offshore-decommissioning market, from the recent research reports, is anticipated to grow from USD 5.2 billion in 2021 to USD 9 billion by 2030 with a compound annual growth rate (CAGR) of 7.10%. Decommissioning is the last stage of execution of any offshore oil and gas project.
A procedure like safe plugging of the wellbore in the earth’s surface and disposing of...
Market Overview
The Biofuels Market will reach a higher CAGR of 10.14% between 2023 to 2030. The market is estimated to cover a valuation of the worth of USD 330.21 billion.
The adoption of eco-friendly substances has increased in the present generations. The growing awareness to protect the environment and preventive measures for pollution have increased the demand for biofuel usage. Various...
Market Overview
The nuclear-decommissioning industry, from the recent research reports, is anticipated to grow from USD 4.1 million in 2021 to USD 6.1 Billion by 2030 with a compound annual growth rate (CAGR) of 5.10%.
Nuclear decommissioning is a process that involves the dismantlement of a nuclear facility up to a point that it requires no more protection measures from radiation. This type...
In addition, the critical power and cooling market has been expected to increase at a CAGR of 11.80%, with a significant value of the estimated forecast year of 2023-2032.
The worldwide critical power and cooling market are both fragmented and competitive for the presence of the different international & domestic key players. Such players have incorporated innovative strategies to remain...
Market Overview
The thermal energy storage market is estimated to be worth $67.22 billion by 2030, with a CAGR of 12.50%. Whenever energy is stored through thermal energy storage, different materials are employed to store the energy as the temperature rises and release it whenever the temperature drops. Heat pumps, heat from power plants, plus waste heat are the main sources of thermal...
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