The global HVDC cables market is anticipated to grow at a CAGR of 7.0% during the forecast period (2022-2028). Increasing demand for superconducting cables coupled with benefits such as lightweight, high-power transmission capacity, and low maintenance is supporting the demand for HVDC cables. Superconducting power cables have gained potential interest owing to their high effectiveness, compact size, […]
Category Archives: Business
The global pad mounted switchgear market is anticipated to grow significantly at a CAGR of 5.7% over the forecast period (2022-2028). The players operating in the pad mounted switchgear market are contributing to fulfill the growing demand of the global pad mounted switchgear market by adoptiong marketing strategies such as new product launch, business expansion and collaboration. […]
The global high purity gas market is anticipated to grow at a CAGR of 6.2% during the forecast period (2022-2028). The semiconductor industry is vast and continues to grow every year, which signifies the demand for high purity gases will grow alongside it. Having a supply of high purity gases is important to semiconductor manufacturing especially when […]
The global Electrolyzer market is anticipated to grow at a considerable CAGR of 22.7% during the forecast period. Increasing demand for Hydrogen for various applications is boosting the global Electrolyzer market growth. Hydrogen gas is a highly proficient, clean-burning fuel mainly used to produce chemicals such as ammonia and methanol. Ammonia (NH3) is an essential part of […]
The global ORC industrial waste heat to power market is anticipated to grow at a CAGR of 5.1% during the forecast period. One of the key factors that are boosting the market is the growing demand for clean energy. These energies are zero-emission energy which offers several benefits such as no wastage of energy, no pollution, and […]
Direct drive wind turbine market is anticipated to grow at a CAGR of 15.1% during the forecast period. The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive of wind turbine market growth in the forthcoming years. Rapid industrialization, favourable regulations on energy efficiency, and […]
Industrial electrical heating element market is anticipated to grow at a CAGR of 3.5% during the forecast period.The surge in demand for electrical heating equipment is a primary factor contributing to the growth of the global market. The demand is increased owing to the various advantages associated with it including temperature-controlled processes and clean heating.Additionally,it […]
Power quality equipment market is anticipated to grow at a CAGR of 7.1% during the forecast period. Key players are inclined to launch new products in the market to cater to the demand and to stay competitive in the market, which is considered as major driving factor of the market. For instance, in January 2019, […]
Oil & gas pumps market is anticipated to grow at a CAGR of 6.2% during the forecast period. The global oil & gas pumps market growth is driven by the major factors which include the rising demand for oil & gas pumps from oil and gas industry and increasing government investments in oil pipeline construction […]
Thermoplastic pipe market is anticipated to grow at a CAGR of 4.5% during the forecast period. The factors such as rising demand for thermoplastic pipes in offshore and onshore production activities, and high adoption of thermoplastic in end-user industries such as municipal corporations, mining & dredging, and others are accelerating the growth of the thermoplastic […]