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Showing posts from March, 2022

Renewable Energy Inverters Market Analysis and Forecast (2022-2030) Research Report

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  Market Highlights Global Renewable Energy Inverters Market is projected to be valued at USD 50 Billion by 2026, with 16% CAGR during the forecast period, 2020–2026. Renewable energy inverters Market  are used to convert DC to AC. The inverters are used both in residential and non-residential applications. For instance, residential inverters are used to convert DC generated from solar panels to AC. Non-residential renewable energy inverters are used to convert DC into AC before transmitting them to end-users. Global Renewable Energy Inverters Market, 2020–2026 In 2019, Asia-Pacific dominated the global renewable energy inverter market in terms of share: MRFR The global renewable energy inverters market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and South America. Asia-Pacific is expected to hold the largest share of the market during the forecast period. This is primarily as countries in...

Pressure Switch Market 2022 Latest Industry Trends, Volume Analysis and Demand Forecast 2030

  Market Highlights Pressure switch market  is expected to grow at  USD 2.09 Billion 4.71% CAGR  during the forecast period. Pressure Switches are mostly used in industrial applications where there is operation for cold applications which necessitates closing the switch at desired pressure level either in pressure rise or pressure fall situation. It is also used in automation and transportation sector which enhances the market growth. Monitoring, control and safety & alarm system are the major applications in this market due to which it is estimated to grow at a phenomenol rate during the forecast period. Based on type, the market is segmented as electromechanical and solid-state. Electromechanical segment is anticipated to dominate the market during the forecast period due to increasing adoption of electromechanical  pressure switches in industrial  and commercial sector. Considering the pressure range, the market is segmented as below 100 bar, 100 – 4...

Power T&D Equipment Market 2022 Product Cost, Development and Future Forecast 2030

  Market Research Future published a Cooked Research Report on the global Power T&D equipment market that contains information from 2021 to 2027.  The global  Power T&D equipment market  is expected to progress with ~6.28% CAGR from 2021 to 2027. Power T&D equipment are devices used to control and regulate the T&D network. These can contribute to optimal power generation and support emissions reductions in several economic sectors, including residential and commercial. The major components of the T&D sector include circuit breakers, transformers, fuses, and switchgear . Request a Free Sample @   https://www.marketresearchfuture.com/sample_request/10689 Asia-Pacific is one of the largest markets for Power T&D Equipmentin the world. The continuous need to update and upgrade existing transmission and distribution infrastructure to serve the growing demand for electricity will lead to a growth of the Power T&D equipment market over the fo...

Pad-Mounted Switchgear Market 2022 Growth Drivers, Regional Supply and Future Forecast 2030

  Market Overview In its research report, Market Research Future (MRFR), emphasizes that the pad-mounted switchgear market is anticipated to grow exponentially, securing a substantial market valuation of USD 7.13 Billion by 2025, and a healthy 5.23% CAGR over the review period. Drivers and Restraints Growing advances in the transmission & distribution network and higher reliability of the underground distribution network are key factors driving the global pad-mounted switchgear market rise. Additionally, power network automation is also anticipated to push the use of  Pad-Mounted Switchgear Market . In the Netherlands for example, the country's government is focusing on modernizing the distribution network to incorporate electric vehicle charging facilities throughout the country.  Moreover, the Netherlands has a 100% underground electricity distribution network within the country. This will consequently would increase the demand for pad-mounted switchgear in the...

Oilfield Equipment Rental Services Market Research Report and Forecast 2022-2030

  Market Synopsis As per the research by Market Research Future Reports (MRFR), the worldwide oilfield equipment market is estimated to thrive at a CAGR of 4.91% while the review period.  Market Highlights One of the factors driving the growth of the rental services sector for  Oilfield Equipment Rental Services Market  is the increasingly growing number of drilling activities. This is attributed to increasing electricity consumption, and the opportunity to rent the equipment instead of purchasing the equipment. Technology advancement has allowed the use of oilfield rental equipment, as a result of which non-conventional oil and gas field use has increased. In the forecast period the market is estimated to experience exponential growth. The market has various lucrative expansion opportunities. Oil price recovery, increasing field development activities and increasing oil exploration are likely to drive the global market for oilfield equipment in 2020. In addition , r...

Oil Accumulator Market Risk, Industry Upstream, Forecast and CAGR 2022-2030

  According to Market Research Future (MRFR), the global oil accumulator market is projected to grow at 4.80% CAGR from 2016 to 2023 (forecast period). The report provides an accurate understanding of the global situation, the economic situation, and the COVID-19 analysis of the overall industry. Oil Accumulator Market  are hydro-pneumatic equipment that can store non-compressible fluid even under intense pressure. These accumulators use compressibility of gas and are commonly used as an additional source of energy. The fluid is stored via an external source that can be either piston, spring, gas, or fluid. In addition, oil accumulators are used for a number of purposes, including noise reduction and pulsation dampening. These accumulators are available in various shapes. The most basic types of oil and gas accumulators are diaphragm, bladder, and piston. Exploration and drilling activities, assisted by a greater need for crude oil, are driving the oil & gas market. Market...

Oil & Gas Sensors Market Estimate 2022, Growth Rate Forecast to 2030 and End-User/Application

  Industry Insight Oil & gas sensors market is expected to grow at USD 9.42 Billion 5.05% CAGR during the forecast period. Impactful Factors The rising adoption of IoT products is counted to be a significant driver for the growth of the  oil & gas sensors market . The governments around the globe are developing policies to persuade the use of IoT technology in order to develop downtime, efficiency, and operating cost has also motivated the market to expand. As per claims from Oxford Economics, the oil & gas industry could mount the global GDP by approximately USD 816 billion valuations from the years 2018 to 2028.  This is accelerating the demand for sensors in the oil & gas industry all over the world. The global oil & gas sensors market is also estimated to inflate at a high rate during the foretell period owing to the mounting demand for sensors in support of refining capacity additions. Therefore, as per IEA, oil demand is estimated to rise by 6.9 ...

Microchannel Heat Exchanger Market 2022 Environment, Product Definition, Industry Chain Overview - 2030

  Overview The  Global Microchannel Heat Exchanger (MCHE) Market  is expected to be valued at  USD 2,343.9 million by 2023  with a  CAGR of 8.72%  during the forecast period ( 2018–2023 ). The report covers segmentation and the market dynamics for a better glimpse of the market in the coming years. The microchannel heat exchanger are multi-pass parallel flow heat exchangers that comprise three parts namely, manifolds, multi-port tubes with less than 1 mm hydraulic diameter, and fins. These devices are used to heat or cool fluids by transferring heat between two or more fluids. MCHEs are highly efficient with the refrigerant flowing in microchannels. Increase in manufacturing industry, residential, and commercial application owing to commercialization and urbanization, drive the MCHE market during the forecast.   However, the growth of microchannel heat exchanger market can be hindered due to volatile raw material prices during the forecast pe...

Marine Fuel Injection Market 2022 Product Definition, Regional Outlook, Forecast and CAGR 2030

  Market Scope Market Research Future (MRFR) expects the global marine fuel injection market 2020 to make a significant headway at a rate of 4.50% between 2017 and 2024 (review period). Top Boosters and Key Deterrents Sea transport makes up almost 90% of the total trades around the world, given its affordable and highly efficient nature compared to other transport modes. With frequent technological developments along industrialization, seaborne trades have been on a consistent upward trajectory. Raw materials, food, water, and various other products, in massive volumes, are transported backed by seaborne transportation. Therefore, the massive surge in the worldwide seaborne trade has triggered the demand for shipping containers, which itself has led to significant growth of the  Marine Fuel Injection Market . Several environmental regulations, like technical regulations imposed by International Maritime Organization or IMO mandates the improvement of new ships. Mounting enviro...

Low Voltage Cables & Accessories Market 2022 Competitive Strategies, End-User Application and Forecast to 2030

 The global  Low Voltage Cables & Accessories market  is expected to progress with ~6.23% CAGR from 2021to 2027. Taste the market data and market information presented through more than 100 market data tables and figures spread in 143 numbers of pages of the project report. Avail of the in-depth table of content & market synopsis on “Global Low Voltage Cables & Accessories Market Information from 2021 to 2027." Low voltage cables and accessories are an important part of the secondary distribution of electricity at a voltage range below 1 kV. Low voltage accessories are used to support cables in the distribution network. Different types of accessories are used for different types of cable installations, including overhead and underground installations. Asia-Pacific is one of the largest markets for low voltage cables & accessories in the world. There is an increased demand for energy in the region because of the growing population and rising per capita disp...

Landing String Equipment Market 2022 Increasing Product Demand and Future potential of the market 2030

  Market Research Future published a raw research report on the   global  landing string equipment market  that contains the information from 2021–2027. The global landing string equipment market  is expected to register a~6.51% CAGR during the forecast period, 2021–2027. Landing string equipment are a combination of systemsthat are installed between the tubing hanger and the first riser point. The landing string system generally contains equipment such as a subsea test tree, lubricator valve, and retainer valve. Moreover, landing new and advanced string equipment are used owing to their compatibility with conventional drill pipe handling systems. This system enables higher running speeds as compared to alternative landing methods. On the other hand, traditional drill strings focus primarily on the ability to transfer drilling torque . The global landing string equipment market size is projected to reach a valuation of by 2027, with ~6.51% CAGR during the foreca...

Gas to Liquid Market 2022 Survey, Regional Supply and Value Chain Analysis 2030

  Market Dynamics Gas to Liquid (GTL) Market  is predicted to grow at  USD 17,563.9 Million  by the end of 2025 with a  5.91% CAGR , during the forecast period. Growing demand for liquid fuels due to higher terms of convenience of transport and storage, coupled with rising adoption of clean energy sources by individuals around the globe, are some of the main factors estimated to bolster the growth of the target market over the forecast period. In addition, technological progress, along with guidance introduced by various governments, like the Petroleum and Natural Gas Regulatory Board Act, 2006, the Oil Industry (Development) Act, 1974, and the Oilfields (Regulation and Development) Act, 1948, is likely to promote the conservation of petroleum products in various sectors / end-users of the economy. Furthermore, the government's strict regulations on carbon footprint control to encourage cleaner fuel sources are set to play an essential role in the development of...