Category Archives: Energy & Environment Press Release

Concentrating Solar Power Market: Market Breakdown, Data Triangulation & Research Assumptions

The ****** concentrating solar power market is witnessing significant growth due to rising environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies.

 

The concentrating solar power market is expected to grow from an estimated USD 6.7 Billion in 2016 to USD 10.96 Billion by 2021, registering a CAGR of 10.3% from 2016 to 2021.

 

View detailed Table of Content here https://www.marketsandmarkets.com/Market-Reports/concentrating-solar-power-market-199506567.html

 

Parabolic Trough segment is expected to hold the largest share of the concentrating solar power market, by technology, during the forecast period

Synchronous Condenser Market Strategies, Opportunities, Challenges, and Forecast to 2021

The synchronous condensers market is projected to grow from an estimated USD 515.3 Million in 2016 to USD 572.9 Million by 2021. The growth is attributed to increasing renewable power generation, long service life, and rising need for power factor correction. Existing and planned upgradation and expansion of High-Voltage Direct Current (HVDC) network across the globe in various regions is expected to increase demand for power factor correction equipment such as synchronous condenser.

 

Browse 71 market data tables and 47 figures spread through 134 pages and in-depth TOC on “Synchronous Condenser Market”

https://www.marketsandmarkets.com/Market-Reports/synchronous-condenser-market-189197147.html

 

Residential Energy Storage Market is predicted to attain a size of $17.5 billion by 2024, progressing at a CAGR of 22.88%

The ****** residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. This growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the need for energy self-sufficiency from consumers. Residential energy storage systems provide power backup during power outages, and therefore, play a vital role in the energy industry.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153284325

****** Surge Protection Devices Market Insights & Depth Analysis: Siemens AG, Eaton Corporation Plc., Littelfuse Inc., ABB Ltd., and Schneider Electric SE

Surge Protection Devices Market Overview 

The surge protection devices market is expected to grow from an estimated USD 2.06 Billion in 2017 to USD 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022. The growing demand for surge protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost escalation due to frequent equipment failures are the major factors driving the surge protection devices market.

Browse 72 market data tables and 30 figures spread through 146 pages and in-depth TOC on “Surge Protection Devices Market”

FPSO Market – Increasing Investment in Offshore Oil and Gas Exploration Drives the Market

The ****** floating production storage and offloading (FPSO) vessel market is competitive and segmented. Transparency Market Research Market (TMR) report states that there are a few major players in the industry who are relentlessly developing new and innovative designs to penetrate the ****** market during the forecast period. These prominent players are focused on introducing new strategies like collaborations and partnerships to provide new in the ****** market. Some of the prominent players operating in the ****** FPSO vessel market include MODEC, Inc., BW Offshore, Bumi Armada Berhad, Blue Water Energy Services, and SBM Offshore N.V.

Report Summary: https://www.transparencymarketresearch.com/fpso-vessels-equipments-market.html

Steam Boiler System Industry Finally Looking Up, Rapid Demand Growth Spells an Opportunity

The ****** steam boiler system market, by value, is projected to reach USD 21.63 billion by 2023, at a CAGR of 4.13%, from an estimated USD 17.66 billion in 2018. The growth of the steam boiler system market is mainly driven by the increased usage of steam boilers across various end-user industries such as power generation, oil & gas, chemical, process industries, and metal and mining. The chemical industry is expected to grow at the highest CAGR in Asia Pacific because of large investments during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=229981348

Market Ecosystem:

Turbocompressor Market worth $15.81 Billion by 2021

The turbocompressor market is projected to grow from an estimated USD 12.15 Billion in 2016 to USD 15.81 Billion by 2021, at a CAGR of 5.4%. Increasing LNG trade between nations, the growing demand for energy, and investments in sectors other than oil & gas are expected to drive the market for turbocompressor.

 

Oil & gas sector to dominate the turbocompressor market during the forecast period

The turbocompressor market has been segmented according to application into oil & gas, power generation, chemical, and others. The oil & gas sector accounted for approximately 50% of the market share in 2015. The growing number of LNG projects will likely increase the demand for turbocompressor. This is expected to drive the market for turbocompressors in the oil & gas sector.

Switchgear Market: Electricity in Developing Countries on Wheels – Transmission and Distribution Utilities Segment Hold the Largest Share

The switchgear market is expected to grow from an estimated USD 88.71 Billion in 2017 to USD 125.10 Billion by 2022, at a CAGR of 7.12%, from 2017 to 2022. The ****** market is set to witness a significant growth due to the continued growth of construction and developmental activities, increasing access to electricity, and growth of renewable power generation projects.

The transmission and distribution utilities sub-segment of the end-user segment led the switchgear market in 2016 and is projected to dominate the market during the forecast period. The transmission and distribution utilities segment is also expected to grow at the fastest rate during the forecast period.

Subsea Systems Market worth $17.44 Billion by 2021

The subsea systems market is expected to grow from an estimated USD 15.78 Billion in 2016 to USD 17.44 Billion by 2021, at a CAGR of 2.02% during the forecast period. Despite steep revenue declines 2015 onwards, the ****** market is set to witness growth after 2018 due to the increasing production from deepwater fields. Offshore exploration and production investments in Africa and Asia-Pacific region will also boost the market growth.

 

Browse 69 market data tables and 49 figures spread through 159 pages and in-depth TOC on “Subsea Systems Market – ****** Forecast to 2021”