The gas pipeline infrastructure market analysis involves transmission and distribution pipelines used in the gas infrastructure networks. Key driving factors for this market include high crude oil prices generating demand for efficient offshore gas operations and increasing focus on maximizing gas field life. In addition, the increase in developments in the offshore gas industry across […]
High-Speed Engine Market was valued at US$ 24,714.8 Million in 2022 and is expected to reach to US$ 36,285.6 Million by 2030; it is estimated to record a CAGR of 4.9% from 2022 to 2030
Aging Commercial Fleet To Create Lucrative Opportunities for Market Growth During Forecast Period In almost all countries, the majority of the commercial ship fleet has aged. As per the data published by the United Nations in 2023, the average age of the ships globally was 22.2 years, and more than half of the ships are […]
Wind Turbine Nacelle Market was valued at US$ 31,656.31 million in 2023 and is expected to reach US$ 46,646.02 million by 2031; it is estimated to record a CAGR of 5.0% from 2023 to 2031
Wind power is one of the major sources of renewable electricity globally. The increase in demand for renewable energy and its benefits in protecting the environment are anticipated to promote wind energy projects globally. Governments of different countries are supporting the construction of wind energy projects with funding and supportive mandates. The nacelle is one […]
Wind Power Generation Market was valued at US$ 127.3 billion in 2022 and is expected to reach US$ 247.2 billion by 2030; it is estimated to record a CAGR of 8.6% from 2022 to 2030
The wind power generation market involves the generation of wind power from onshore and offshore sites across the globe. Turbine blades around the rotor generate electricity in the wind power plant. Rising government initiatives and collaboration between government and private bodies are expected to surge the demand for wind power generation in the coming years. […]
Wind Turbine Pitch System Market was valued at US$ 2,775.15 million in 2022 and is expected to reach US$ 6,103.48 million by 2030; it is estimated to record a CAGR of 10.4% from 2022 to 2030
The wind turbine pitch system is one of the major parts of the overall wind turbine components. The pitch system predominantly adjusts the angle of the wind turbine’s blades as per the wind direction and flow and controls the rotor speed. Increasing demand for a clean energy source as it helps in eliminating greenhouse gases, […]
Geothermal Power Generation Market was valued at US$ 15,453.3 million in 2023 and is expected to reach US$ 27,149.2 million by 2031; it is estimated to record a CAGR of 7.3% from 2023 to 2031
In geothermal power generation, different types of power plants, including direct dry steam, flash steam, and binary cycle, are involved. The geothermal power generation market growth is majorly driven by growing concerns about greenhouse gas emissions that are prompting governments to shift their focus toward clean energy development. The increasing demand for clean energy combined […]