Gas Engine Market worth $6.3 Billion by 2029
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 focus on cleaner energy sources and sustainability initiatives,...
Small-Scale LNG Market Size, Opportunities, Share, Industry Analysis, Top Companies, Growth Projections, Regional Trends, Key Segments, Graph and Forecast
The Small-Scale LNG (SSLNG) market refers to the production, distribution, and utilization of liquefied natural gas (LNG) in smaller quantities compared to traditional large-scale LNG projects. It encompasses the infrastructure, technologies, and supply chain involved in liquefaction, transportation, storage, and regasification of LNG for various applications with a capacity of less than...
Small-Scale LNG Market Predicted to Grow at 14.9% CAGR, Reaching $92.8 Billion by 2028
According to MarketsandMarkets projects that the global small-scale LNG market will grow from USD 46.4 billion in 2022 to USD 92.8 billion by 2028, at a CAGR of 14.9%, during the forecast period. The global energy landscape is witnessing a significant shift towards cleaner and more sustainable fuel options. In this transition, small-scale LNG (liquefied natural gas) has emerged as a flexible and...
Combined Heat and Power Market to Hit $35.2 billion by 2026
The Combined Heat and Power Market size will grow to USD 35.2 billion by 2026 (forecast year) from USD 26.6 billion in 2021 (estimated year), at a CAGR of 5.8% during the forecast period.
Combined heat and power (CHP) is an energy-efficient technology that generates electricity and captures the heat that would otherwise be wasted to provide useful thermal energy, such as steam or hot water. This...
Offshore Pipeline Market worth $18.6 Billion by 2027
The global Offshore Pipeline Market is expected to grow from USD 14.8 billion in
2022 to USD 18.6 billion by 2027, at a CAGR of 4.7% according to a new report
by MarketsandMarkets™. The Offshore
Pipeline Market has promising growth potential due to the rising deployment of
oil and gas distribution networks and the rising use of natural gas.
Transport
line segment expected to dominate Offshore...
Latest Strategic Acquisition in Power Plant Control System Market
Power Plant Control System Market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market. The advantages of rotary UPS such as high efficiency, fewer space...
Gas Engines Market Size to Reach $5.8 Billion by 2027
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 grow to USD...
Gas Engines Market Booming Worldwide with Caterpillar, Wärtsilä, Man SE, Cummins, and Rolls-Royce.
The global gas engines market size is projected to reach USD 5.3 billion by 2024, from an estimated USD 4.0 billion in 2019, at a CAGR of 5.7% during the forecast period. The increasing demand for clean and renewable power generation and implementation of stricter emission regulations across the globe are major drivers for the gas engines market.
The gas engines market is dominated by a few major
players...
Combined Heat & Power Market Development Opportunities Accelerate in 2023
The global combined heat & power market is estimated to reach USD 20.69 Billion in 2018 and is projected to reach USD 27.01 Billion by 2023, at a CAGR of 5.48%, during the forecast period. The market is set to grow due to the increasing demand for energy efficiency and government incentives and programs to promote CHP.
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The...