The global Gas Engine Market is expected to reach USD 6.3 billion by 2029 from USD 5.1 billion in 2024 at a CAGR of 4.5% during the 2024–2029 period according to a new report by MarketsandMarkets™. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating... Continue Reading →
Offshore Pipeline Market to Expand Rapidly in Near Future
The global offshore pipeline market is expected to grow from USD 11.5 million in 2018 to USD 15.8 billion by 2023, at a CAGR of 6.54% during the forecast period. The major factors driving the offshore pipeline market include increasing demand for crude oil and natural gas, especially from the Asia Pacific region. Increasing demand... Continue Reading →
Gas Engines Market: Rising Demand for Clean and Efficient Power Generation Technology
According to the new market research report "Gas Engines Market by Fuel Type (Natural Gas, Special Gas), Application (Power Generation, Cogeneration, Mechanical Drive), Power Output (0.5–1 MW, 1–2 MW, 2–5 MW, 5–15 MW, & Above 15 MW), End-User Industry, and Region - Global Forecast to 2027", published by MarketsandMarkets™, the Gas Engines Market size will... Continue Reading →
Combined Heat & Power Market Trends to Watch Through 2023
Latest report “Combined Heat & Power Market by Capacity (>10 MW, 10-150 MW, 151-300 MW, >300 MW), Prime Mover (Gas & Steam Turbine, Reciprocating Engine, Fuel Cell), End-User (District Energy, Residential, On-Site Industrial & Commercial) – Global Forecast to 2023″, The global CHP market is estimated to reach USD 20.69 Billion in 2018 and is... Continue Reading →
Gas Engines Market to Witness Stunning Growth | Caterpillar, Wärtsilä, Cummins, Man SE, and Rolls-Royce Holdings.
The global Gas Engines Market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, from 2019 to 2024. Europe is estimated to be the largest consumer of gas engines, followed by North America. This trend is expected to continue during... Continue Reading →
Turboexpander Market to Show Strong Growth
The global Turboexpander Market is expected to grow from an estimated USD 290.6 Million in 2018 to USD 390.8 Million by 2023, at a CAGR of 6.11%, from 2018 to 2023. North America is estimated to be the largest for turboexpanders, followed by the market in Asia Pacific. The trend is expected to change, with... Continue Reading →
Pipeline & Process Services Market: Rapid Rise in Development of Midstream Infrastructure across the Globe
According to MarketsandMarkets research, the Pipeline & Process Services Market size will grow to USD 4.0 billion by 2025 (forecast year) from USD 3.1 billion in 2020 (estimated year), at a CAGR of 5.5% during the forecast period. The rising demand for crude oil & natural gas, especially from Asia Pacific, and the increasing need... Continue Reading →