Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The synchronous condenser market is expected to grow from USD 661 million in 2022 to USD 811 million by 2030, at a CAGR of 2.6% during the forecast period. Some of the major players in the Synchronous condenser market are ABB (Switzerland), Siemens (Germany), GE (US), Eaton (Ireland), Voith Group (Germany), Fuji Electric (Japan), WEG (Brazil), BRUSH Group (UK), and ANDRITZ (Austria). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The global pool & spa market is expected to grow from USD 19.1 billion in 2022 to USD 23.6 billion by 2027, at a compound annual growth rate (CAGR) of 4.3% during the forecast period.The Key Players Harvia Group (Finland), Pentair (US), Fluidra (Spain), KLAFS GmbH & Co. KG (Germany), TyloHelo (Sweden)
The industrial power supply market is expected to grow from USD 10.8 billion in 2022 to USD 14.5 billion in 2027, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.The Leading Players TDK Lambda (Japan), Siemens (Germany), Delta Electronics (Taiwan), ABB (Switzerland), and Murata Power Solutions (US).
The global electric traction motor market is expected to grow from USD 12.3 billion in 2022 to USD 22.2 billion by 2027, at a compound annual growth rate (CAGR) of 12.6% during the forecast period.The Top Players Siemens Energy ABB (Switzerland), Mitsubishi Electric Corporation (Japan), TOSHIBA CORPORATION (Japan), General Electric (US), and Siemens (Germany).
The Americas Medium Voltage Cables market size is projected to reach USD 14.2 billion by 2027, at a CAGR of 5.1% during the forecast period. Some of the major players in the Americas medium-voltage cables market are Prysmian Group (Italy), Southwire Company (US), Nexans (France), NKT (Denmark), LS Cable & System (South Korea), TFKable (Poland), Sumitomo Electric Industries (Japan), and HELUKABEL Group (Germany). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The Cryogenic Pump Market is expected to grow from USD 1.2 billion in 2022 to USD 1.5 billion by 2027, at a CAGR of 4.6% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Cryogenic pump market. These players include Atlas Copco AB (Sweden), EBARA CORPORATION (Japan), SHI Cryogenics Group (Japan), Nikkiso Co., Ltd. (Japan) and Fives Group (France)
The power distribution unit market is projected to reach USD 5.7 billion by 2027, at a CAGR of 7.9% during the forecast period. Key Players include Schneider Electric (France), Legrand (France), Eaton (Ireland), Cisco Systems (US), ABB (Switzerland), Vertiv (US), nVent (UK), Panduit (US), Aten (Taiwan), Delta Electronics (Taiwan), Hewlett Packard Enterprise (US), Socomec (France)
The industrial burner market is expected to grow from USD 5.9 billion in 2022 to USD 7.9 billion in 2027, at a CAGR of 6.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the industrial burner market. These include including ANDRITZ Group (Austria), NIBE Group (Sweden), Honeywell International Inc. (US), Ariston Group N.V. (Italy), Fives (France), and Riello S. p. A. (Italy). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.
The diaphragm pumps market is expected to grow from USD 6.1 billion in 2022 to USD 7.6 billion by 2027, at a compound annual growth rate (CAGR) of 4.5% during the forecast period.The major players PSG (US), Flowserve Corporation (US), IDEX Corporation (US), LEWA GmbH (Germany), Ingersoll Rand, Inc. (US), Grundfos Holding A/S (Denmark), Yamada Corporation (Japan), Xylem, Inc. (US), and SPX FLOW (US).
The artificial photosynthesis market is expected to grow from USD 62 Million in 2022 to USD 185 Million by 2030, at a CAGR of 14.6% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top manufacturers in the artificial photosynthesis market. These players include Panasonic Corporation (Japan), FUJITSU (Japan), and ENGIE (France).
The power grid system market in subsea is expected to grow from USD 9.1 billion in 2022 to USD 14.8 billion in 2027, at a CAGR of 10.2% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the power grid system market in subsea. These include ABB (Switzerland), General Electric (US), Siemens Energy (Germany), Prysmian Group (Italy), Nexans (France), TechnipFMC (UK), and Baker Hughes (US). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.
The industrial air compressor market is expected to grow from USD 32.7 billion in 2021 to USD 42.9 billion by 2026, at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The major players Atlas Copco (Sweden), Ingersoll Rand (US), Doosan Infracore (South Korea), Hitachi (Japan), and Kobe Steel (Japan). Some of the other major players include BOGE Kompressoren (Germany), Volkswagen (MAN Energy Solutions), Kirloskar Pneumatic (India), Kaeser Kompressoren (Germany), Danfoss (Denmark), Coaire (UAE), ELGi Equipments (India), Siemens Energy (Germany), Sulzer (Switzerland), Baker Hughes (US), Nidec, EBARA Corporation (Elliott Group), Howden Group (US), Fusheng Group (Taiwan), Mitsubishi Heavy Industries (Japan), and others.
The global DC switchgear market is expected to grow from USD 11.0 billion in 2021 to USD 14.8 billion by 2026, at a compound annual growth rate (CAGR) of 6.1% during the forecast period.The key players ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Hitachi Energy Ltd. (Japan), Toshiba Infrastructure Systems & Solutions Corporation (Japan), General Electric (US) and Schneider Electric (France)
The global gas turbine market is expected to grow from USD 18.9 Billion in 2021 to USD 22.5 Billion by 2026, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The key players Kawasaki Heavy Industries, Ltd. (Japan), Siemens Energy (Germany), Capstone Green Energy Corporation (US), General Electric (US), Ansaldo Energia (Italy), Mitsubishi Heavy Industries, Ltd. (Japan), United Engine Corporation (Russia), Rolls-Royce plc (England), Harbin Electric Machinery Company Limited (China), OPRA Turbines (Netherlands), Solar Turbines Incorporated (US), Bharat Heavy Electricals Limited (India), Centrax Gas Turbine (England), MTU Aero Engines AG (Germany), IHI Corporation (Japan), Wartsila (Finland), Doosan Heavy Industries & Construction (South Korea), MAPNA Group (Iran), Vericor Power Systems (US), Zorya Mashproekt (Ukraine), MAN Energy Solutions (Germany). These players have adopted product launches, contracts, partnerships, agreements, collaborations, Memorandum of Understanding (MoU)
The global well testing services market is expected to grow from USD 6.4 billion in 2021 to USD 8.8 billion by 2026, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The leading players Schlumberger (US), Halliburton (US), EXPRO Group (UK), Baker Hughes (US) and Weatherford (US).
The thermoplastic pipe market is expected to grow from USD 2.7 billion in 2021 to USD 3.3 billion by 2026, at a compound annual growth rate (CAGR) of 4.5% during the forecast period.The key players NOV (US), Wienerberger (Austria), TechnipFMC (UK), Georg Fischer (Switzerland), and Advanced Drainage Systems (US).
The global electrical digital twin market is projected to reach USD 1.3 billion by 2026, at a CAGR of 12.2% during the forecast period. Some of the key players are General Electric (US), Siemens (Germany), ABB (Switzerland), Emerson (US), and AVEVA Group (UK). The leading players are adopting various strategies to increase their share in the electrical digital twin market.
The water desalination equipment market is expected to grow from USD 7.1 billion in 2021 to USD 11.2 billion by 2026, at a compound annual growth rate (CAGR) of 9.5%. during the forecast period.Suez Water Technologies & Solutions (US), Veolia Water Technologies (France), DuPont (US), LG Chem (Korea), Toray Industries, Inc. (Japan), Sulzer (Switzerland) and Wärtsilä (Finland).
The Offshore Wind Market is expected to grow from USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. The key players include General Electric (US), Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China). The leading players are adopting various strategies to increase their share in the offshore wind market.
The Industrial Counterweights Market is expected to grow from USD 6.7 billion in 2021 to USD 8.5 billion by 2026, at a CAGR of 4.5% during the forecast period. The key players include FMGC, Farinia Group (France), Sic LAZARO (US), Crescent Foundry (India), Gallizo (Spain), Mars Metal (Canada). The leading players are adopting various strategies to increase their share in the industrial counterweights market.
The global power plant control system market is projected to reach USD 10.2 billion by 2026, at a CAGR of 7.3% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Siemens Energy (Germany), ABB (Switzerland), Emerson (US), Rockwell (US), and GE (US) along with other prominent manufacturers of power plant control system.
The offshore decommissioning market is expected to grow from USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a compound annual growth rate (CAGR) of 7.4%. during the forecast period. The major players in the offshore decommissioning market are Heerema Marine Contractors (The Netherlands), Royal Boskalis Westminster N.V. (The Netherlands), Petrofac (Jersey), Oceaneering International (US), Baker Hughes Company (US), Halliburton (US), and Schlumberger (US).
The environmental technology market is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecasting period. The key market players in this market are AECOM (US), Lennox International (US), Teledyne Technologies Incorporated (US), Thermo Fisher Scientific Inc. (US), Abatement Technologies (US), Veolia (France), Waste Connections (US), Total SA (France), Covanta Holding Corporation (US), SUEZ (US), Biffa (England) and Hitachi Zosen Corporation (Japan), Carbon Clean (UK), Cypher Environmental (Canada), Svante Inc. (Canada), CarbonCure Technologies Inc. (Nova Scotia), Sunfire GmbH (Germany), BacTech Inc. (Canada), TRC Companies, Inc. (US), and Arcadis N.V. (Netherlands). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies.
The global rotary UPS market market is expected to grow from USD 0.7 billion in 2021 to USD 0.8 billion by 2026, at a compound annual growth rate (CAGR) of 4.9% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Piller Power Systems (Germany), Hitec Holdings (Netherlands), Rolls Royce Holdings (UK), Hitzinger (Austria), and IEM Power Systems (US) along with other prominent manufacturers of rotary UPS.
The Excitation Systems Market is expected to grow from USD 2.7 billion in 2021 to USD 3.4 billion by 2026, at a CAGR of 4.4% during the forecast period. Some of the key players are ABB (Switzerland), Siemens Energy(Germany), General Electric (US), ANDRITZ Group (Austria), and Emerson (US).The leading players are adopting various strategies to increase their share in the excitation systems market. Contracts & agreements, and new product launches have been a widely adopted strategy by the major players in the excitation systems market.
The sequence of events recorder market is expected to grow from USD 25 million in 2021 to USD 31 million by 2026, at a compound annual growth rate (CAGR) of 4.7% during the forecast period. Some of the key players are AMETEK(US), Qualitrol Corp.(US), Emerson(US), Yokogawa Electric Corporation(Japan).The leading players are adopting various strategies to increase their share in the sequence of events recorder market.
The Residential Energy Management Market is expected to grow from USD 2.2 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 12.9% during the forecast period. Some of the key players are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Honeywell International (US), and Siemens (Germany).The leading players are adopting various strategies to increase their share in the residential energy management market. Partnership & collaboration, and new product launches have been a widely adopted strategy by the major players in the residential energy management market.
The global pipeline & process services market is projected to reach a size of USD 4.0 billion by 2025, at a CAGR of 5.5% during the forecasting period. Some of the key players are Halliburton (US), Baker Hughes Company (US), EnerMech (UK), IKM Gruppen (Norway), and Enerpac Tool Group (UK). The leading players are adopting various strategies to increase their share in the pipeline & process services market. Contracts & agreements has been a widely adopted strategy by the major players in the pipeline & process services market..
The surge arrester market is expected to grow from USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a compound annual growth rate (CAGR) of 4.9% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Hitachi ABB (Switzerland), Siemens Energy (Germany), General Electric (US), Eaton (Ireland), and Hubbell (US) along with other prominent manufacturers of the surge arrester.
The light towers market is expected to grow from USD 4.3 billion in 2020 to USD 5.7 billion by 2025, at a compound annual growth rate (CAGR) of 5.7%. during the forecast period.include Generac Holding (US), Terex Corporation (US), Doosan Portable Power (US), Wacker Neuson (Germany), Atlas Copco (Sweden), and United Rental (US).
The submersible pumps market is expected to grow from USD 11.2 billion in 2020 to USD 15.5 billion by 2025 at a compound annual growth rate (CAGR) of 6.7% during the forecast period.Some of the key players are Xylem (US), Sulzer (Switzerland), KSB Group (Germany), Grundfos (Denmark), and Atlas Copco (Sweden). The leading players are adopting various strategies to increase their share in the submersible pumps market.
The Vacuum Interrupter Market is expected to grow from USD 2.4 billion in 2020 to USD 3.1 billion by 2025, at a CAGR of 5.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the vacuum interrupter market. Some of the key players are ABB (Switzerland), Eaton (US), Siemens AG (Germany, ), Shaanxi Baoguang Vacuum Electric Device Company Limited (China), and Meidensha Corporation (Japan). The leading players are adopting various strategies to increase their share in the vacuum interrupter market.
The Sand Control Solutions Market is expected to grow from USD 2.1 billion in 2020 to USD 3.2 billion by 2025, at a CAGR of 8.9% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Weatherford (Switzerland), and Superior Energy Services (US). The leading players are adopting various strategies to increase their share in the sand control solutions market.
The Industrial Plugs and Sockets Market is expected to grow from USD 2.5 billion in 2020 to USD 3.2 billion by 2025, at a CAGR of 4.9% during the forecast period. Some of the key players are Amphenol Corporation (US), ABB (Switzerland), Emerson Electric (US), Schneider Electric (France), and Legrand SA (France). The leading players are adopting various strategies to increase their share in the industrial plugs and sockets market.
The global hydraulic workover unit market is projected to be reach USD 11.0 billion by 2025, at a post-COVID-19 CAGR of 6.3% during the forecast period. Some of the key players are Halliburton (US), Velesto Energy (Malaysia), Superior Energy Services (US), Basic Energy Services (US), Precision Drilling (Canada). The leading players are adopting various strategies to increase their share in the hydraulic workover unit market.
The global thermal energy storage market size is expected to grow USD 369 million by 2025, at a CAGR of 14.4% during the forecasting period. The key players in the thermal energy storage market include companies such as Abengoa Solar (Spain), Burns & McDonnell (US), BrightSource Energy (US), Calmac (US), and SolarReserve (US).
The Power Plant Boiler Market is expected to grow from USD 18.1 billion in 2020 to USD 22.8 billion by 2025, at a CAGR of 4.8% during the forecast period. The key players in the power plant boiler market include companies such as Babcock & Wilcox (US), Dongfang Electric Corporation (China), Doosan Heavy Industries & Construction (Korea), General Electric (US), and Mitsubishi Hitachi Power Systems (Japan).
The Motor Control Centers Market is expected to grow from USD 4.6 billion in 2020 to USD 6.3 billion by 2025, at a CAGR of 6.4% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the motor control centers market. These include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), and Rockwell Automation (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The global renewable drones market is expected to grow USD 148 million by 2025, at a CAGR of 27.1% during the forecasting period. Some of the key players are DJI Enterprise (China), Terra Drone (Japan), Aerodyne Measure (US), and DroneDeploy (US).The leading players are adopting various strategies to increase their share in the renewable drones market.
The global commercial water heaters market size is expected to grow a size of USD 7.7 billion by 2026, at a CAGR of 6.1% during the forecasting period, To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the comercial water heaters such as A.O. Smith Corporation (US), RHEEM Manufacturing Company (US), Rinnai Corporation (Japan), Solahart Industries (Australia), Carrier Global (US), Stiebel Eltron (Germany), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Danfoss (Denmark), Valliant Group (Germany), American Water Heaters (US), Daikin (Japan), Mitsubishi Electric (Japan), Andrewes Water Heaters (Baxi Heating) (UK), and more.
The Oilfield Integrity Management Market is expected to grow from USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1% during the forecast period. The oilfield integrity management market is dominated by a few global players, mainly from the North American region. The key players in the oilfield integrity management market include companies such as Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Siemens (Germany), Emerson (US), IBM (US), and Oracle (US).
The global enhanced oil recovery market size is expected to grow USD 59.4 billion by 2025, at a CAGR of 6.5% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Royal Dutch Shell Plc (Netherlands), BP Plc(UK). The leading players are adopting various strategies to increase their share in the enhanced oil recovery market.
The Asia Pacific Generator Sales Market is expected to grow from USD 6.8 billion in 2020 to USD 8.8 billion by 2025, at a CAGR of 5.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Asia Pacific generator sales market. The major players in the Asia Pacific generator sales industry are Caterpillar (US), Cummins (US), Generac (US), Wärtsilä (Finland), Mitsubishi Heavy Industries (Japan), Rolls-Royce Holdings (UK), Yanmar (Japan), Siemens (Germany), Weichai Group (China), and Sterling & Wilson (India). These players are adopting various strategies to increase their share in the Asia Pacific generator sales market. Contracts & agreements, and new product launches have been a widely adopted strategy by the major players in the generator sales industry.
The COVID-19 Impact on Smart Grid Market is expected to grow from USD 26.9 billion in 2020 to USD 28.8 billion by 2021 at a CAGR of 7.1% from 2020 to 2021 during the forecast period. Some of the major players in the smart grid industry are GE (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Itron (US), Landis+Gyr (Switzerland), Aclara (US), Cisco (US), OSI (US), IBM (US), Wipro (India), Oracle (US), Honeywell (US), S&C Electric Company (US), Eaton (Ireland), Kamstrup (Denmark) and Trilliant Holdings (US), among others.
The COVID-19 Impact on the Battery Energy Storage Market is expected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2021, at a CAGR of 13.7% during the forecast period. The Asia Pacific region is projected to be the fastest growing market for battery energy storage during the forecast period. The market in Asia Pacific is expected to witness a moderate decline due to COVID-19 during the forecast period. The region is the largest market for battery energy storage systems and home to some of the fastest growing economies in the world. Asia Pacific also plans for electrification in remote areas, which are majorly off-grid in several countries. The governments of various countries are focusing on minimizing the adverse effects of the energy sector on the environment. Some of the major battery energy storage system manufacturers based in Asia Pacific are Samsung SDI, LG Chem, Hitachi, Panasonic, and NEC Corporation.
The renewable energy market is expected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021 at a compound annual growth rate (CAGR) of 22.7% during the forecast period.Key players in the global renewable energy market include Siemens Gamesa (Spain), Goldwind (China), General Electric (US), Orsted (Denmark), Canadian Solar (Canada), Jinko Solar (China), Vestas (Denmark), and SolarEdge (Israel). These players have broad industry coverage and high operational and financial strength.
The precision source measure unit market is expected to grow from USD 394 million in 2019 to USD 637 million by 2024, at a compound annual growth rate (CAGR) of 10.1 % during the forecast period.The major players in the precision source measure unit market are Tektronix (US), Keysight Technologies (US), National Instruments (US), Chroma ATE (Taiwan), Yokogawa Electric (Japan), Rohde & Schwarz (Germany), VX Instruments (Germany), and Osilla (UK).
The global function generators market size is projected to reach USD 1.9 billion by 2024 from an estimated market size of USD 1.4 billion in 2019, at a CAGR of 6.1% during the forecast period. The factors driving the market growth is the growing adoption of high-performance and power-efficient devices for aerospace, defense & government services along with investments in automotive (electric vehicles) sector due to the concern towards the hazardous environmental effect.
The global PXI SMU market size is projected to reach USD 267 million by 2024, from an estimated USD 124 million in 2019, growing at a CAGR of 16.5% during the forecast period. The key players operating in this market include National Instruments (US), Keysight Technologies (US), Chroma ATE (Taiwan), VX Instruments (Germany), Marvin Test Solutions (US), and LitePoint a Teradyne Company (US).
The Electronic Load Market is expected to grow from USD 3.0 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 6.3% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the electronic load market. These include Keysight Technologies (US), AMETEK (US), National Instruments (US), Chroma ATE (Taiwan), and Teledyne Technologies (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.