Small Modular Reactor Market Growth to Surge Owing to Increasing Adoption by End-use Applications

Global Small Modular Reactor Market Overview The small modular reactor market is estimated to be USD 5.8 billion in 2023 to USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. The factors that drive the market growth include versatile nature of nuclear power and modularization of SMRs. SMRs offer the potential for improved economics. Their smaller scale and standardized designs...

Pressure Vessels Market Size Expected to Grow at at a Robust Pace through 2028

Pressure Vessels Market Size
Pressure Vessels Market Size The global Pressure Vessels Market size is expected to grow from USD 50.3 billion in 2023 to USD 62.7 billion by 2028, at a CAGR of 4.5% according to a new report by MarketsandMarkets™.  Pressure vessel is a closed container which are designed to hold fluids or gases at a pressure that is significantly different from the ambient pressure....

Pressure Vessels Market worth $62.7 Billion by 2028

Pressure Vessels Market
The global Pressure Vessels Market is projected to reach USD 62.7 billion in 2028 from USD 50.3 billion in 2023 at a CAGR of 4.5% according to a new report by MarketsandMarkets™.  Pressure vessel is a closed container which are designed to hold fluids or gases at a pressure that is significantly different from the ambient pressure. It is constructed to withstand the internal pressure exerted...

Nuclear Power Plant Equipment Market worth $18.6 Billion by 2027

Nuclear Power Plant Equipment Market
The global Nuclear Power Plant Equipment Market is projected to reach USD 18.6 billion in 2027 from USD 15.7 billion in 2022 at a CAGR of 3.5% according to a new report by MarketsandMarkets™. The global Nuclear Power Plant Equipment Market is being pushed by increased demand for and generation of clean electricity around the world. As the demand for energy rises, governments seek clean and efficient...

Empowering Energy Efficiency: Exploring the Power Plant Control System Market

The global 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...

Small Modular Reactor Market Growing Popularity and Emerging Trends

Small Modular Reactor Market New Revenue Pockets: The global small modular reactor market is projected to reach USD 11.3 billion by 2026 from an estimated USD 9.7 billion in 2021, at a CAGR of 3.2 % during the forecast period. The global small modular reactor market is driven by the growing need for clean, reliable and flexible power generation and helps in facilitating access to nuclear energy...

Power Plant Control System Market: Technological Innovation Leads to High Demand

power plant control system
Power Plant Control System Market New Revenue Pockets : The global 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....

Power Plant Control System Market Revenue to Hit $10.2 billion by 2026

Power Plant Control System Market
According to the new market research report “Power Plant Control System Market by Plant Type (Coal, Natural Gas, Hydroelectric, Nuclear, Oil, and Renewable), Solution (SCADA, DCS, Programmable Controllers), Component, Application, and Region – Global Forecast to 2026″, the global Power Plant Control System Market is projected to reach USD 10.2 billion by 2026 from an estimated...

Is the world ready to say “Hello Nuclear”?

The COP 21 summit in Paris has led to a renewed interest (a sort of) towards reducing the carbon emissions. Greenhouse gas reduction has got a boost again. Simultaneously, the volatility in the oil and commodities market continues to bother each and all. These days the other sources of energy (apart from oil & gas) seems to have taken a passive role in terms of news coverage. The lifting of ban...