Research Support Specialist, USA
The global LPG tanker market size was worth USD 185.1 million in 2019. Further, the market is projected to grow at 6.0% CAGR over the forecast duration, 2020 to 2027. Increasing trade of LPG across the world is attributing to the growth of the market. Robust growth in the production of shale gas is further anticipated to propel industry growth.Read More »
The Distributed Energy Generation (DEG) Market global size is expected to value at USD 573.7 billion by 2025. The market is subject to witness a substantial growth due to numerous environmental advantages, and high efficiency in comparison with the conventional power generation systems. The distributed energy generation (DEG) diminishes the need for constructing a transmission capacity, allowing reduction in the line cost. Read More »
Global Power Plant Boiler Market is anticipated to reach USD 28.0 billion by 2025. A Power Plant Boiler implies a machine that renders steam by applying heat energy to water. Boilers are used in power stations and industrial installation are usually larger and connected to point-of-use piping. The factors that propel the growth of the market include rapid industrialization across the globe, and growing demand in the emerging countries. Read More »
The global Liquefied Natural Gas (LNG) Market is projected to reach US$ 20.6 billion by 2025 with a CAGR of 12.7% during the completion of the prediction period. Liquefied Natural Gas implies a collection of gases, largely of methane and additional gases for example Nitrogen, Propane, Butane, and Ethane. Read More »
Global Microgrid Market is anticipated to reach USD 17.51 billion by 2025. The Microgrid is a combination of generation, distribution, transmission, and electricity and used on a small scale as compared to the conventional Microgrid. Microgrids produce power, and in doing so, decrease necessity of long distance transmission lines and cut transmission damages. Read More »
Global Demand Response Management Systems Market is expected to reach USD 35.9 billion by 2025. Demand Response Management System is also termed, as DRMS is a software that allows aggregators, utilities, and retailers to manage demand response (DR) programs through an open-standards, single, or unified-based system.Read More »
The global Drill Pipe Market size is expected to value at USD 1.31 billion by 2025. The drill pipe industry is subject to witness a substantial growth due to the robust growth of oil& gas industry, especially in the North American and the Middle Eastern region. In addition, the development of advanced drilling techniques coupled with high-end productivity are expected to foster market growth in the upcoming years.Read More »