Bio-LNG market is anticipated to grow at a CAGR of 11.1% during the forecast period (2023-2030). BioLNG is used as biofuel for heavy-duty transport, shipping, and internal production processes. Bio-Liquefied Natural Gas technology is an ideal solution to meet sustainable energy demands while supporting the circular economy. The growing adoption of a well-developed LNG filling […]
Category Archives: Business
EOR market is anticipated to grow at a CAGR of 6.9% during the forecast period. The growth of the market is mainly driven by the rising global energy demand, due to factors such as population expansion, industrialization, and urban development. Additionally, with depleting conventional oil reserves, there is an increasing reliance on EOR techniques to […]
LNG bunkering market is anticipated to grow at an exponential CAGR of 32.5% during the forecast period (2024-2031). LNG bunkering is a framework in which biomass is utilized optimally to produce multiple products and tries to be self-sustaining and not harmful to the environment. In 2022, global LNG bunkering activity experienced a decline due to […]
Diesel engines for non-automotive applications market size was valued at $4.35 billion in 2022, and is projected to reach $5.5 billion by 2030, registering a CAGR of 3.3% during the forecast period (2023-2030). Diesel engine technology is gaining momentum on technological advances which is acting as a driving factor impacting the global diesel engines market […]
Power infrastructure market is anticipated to grow at a considerable CAGR of 8.04% during the forecast period. The demand for power infrastructure is increasing due to several reasons. Population growth, urbanization, and industrialization have all led to an increase in the demand for electricity. The growing global population requires more energy, and as more people […]
Wind energy O&M market is anticipated to grow at a CAGR of 7.2% during the forecast period. The growth of the market is attributed to factors such as the increasing installation of wind power capacity, the need for efficient operations and maintenance practices to maximize energy generation, and others. For instance, according to the US […]
Marine fender market is anticipated to grow at a CAGR of 4.5% during the forecast period (2023-2030). The marine project expansion is anticipated to drive the global marine fender market. For instance, in October 2022, new berth expansion at Le Havre Port in France equipped with shibatafenderteam special element fender systems. These fender systems offer […]
Thermal oil heaters market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as increasing demand in various industries and the advantages offered by thermal oil heaters. Further, advancements in technology and growing energy requirements are some of the factors […]
Oil and gas pipeline operator market is projected to grow at a considerable CAGR of 6.5% during the forecast period. The growth of the market is attributed to factors such as increasing energy demand, expansion of oil and gas exploration activities, and the need for efficient transportation infrastructure. For instance, in February 2023, Luberef, a […]
High-voltage equipment market is anticipated to grow at a CAGR of 6.4% during the forecast period. High-voltage equipment typically includes power transformers, switchgear, control equipment, communication devices, insulators, and so on. When electricity is transmitted over long distances, there are inherent energy losses along the way. High voltage transmission reduces the amount of power lost […]