Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The global well testing services market is expected to grow from USD 6.4 billion in 2021 to USD 8.8 billion by 2026, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The leading players Schlumberger (US), Halliburton (US), EXPRO Group (UK), Baker Hughes (US) and Weatherford (US).
The motor monitoring market is expected to grow from USD 2.0 billion in 2021 to USD 2.9 billion by 2026, at a CAGR of 7.8% during the forecast period. Some of the key players are General Electric (US), Siemens (Germany), ABB (Switzerland), Honeywell (US), and Schneider Electric (France). The leading players are adopting various strategies to increase their share in the motor monitoring market.
The thermoplastic pipe market is expected to grow from USD 2.7 billion in 2021 to USD 3.3 billion by 2026, at a compound annual growth rate (CAGR) of 4.5% during the forecast period.The key players NOV (US), Wienerberger (Austria), TechnipFMC (UK), Georg Fischer (Switzerland), and Advanced Drainage Systems (US).
The global Combined Heat and Power (CHP) Market is expected to reach USD 35.2 billion by 2026, at a CAGR of 5.8% during the forecast period. The key players include GE (US), Siemens Energy (Germany), Veolia (France), Wärtsilä (Finland), and 2G Energy (Germany).
The global electrical digital twin market is projected to reach USD 1.3 billion by 2026, at a CAGR of 12.2% during the forecast period. Some of the key players are General Electric (US), Siemens (Germany), ABB (Switzerland), Emerson (US), and AVEVA Group (UK). The leading players are adopting various strategies to increase their share in the electrical digital twin market.
The global distributed energy resource management system market is expected to grow from USD 286 million in 2021 to USD 750 million by 2026, at a compound annual growth rate (CAGR) of 21.2% during the forecast period.Some of the key players are Siemens (Germany), Schneider Electric (France), General Electric (US), ABB (Switzerland), Emerson (US)
The global smart grid market is expected to reach USD 103.4 billion by 2026, at a CAGR of 19.1% during the forecast period. The leading players in the smart grid market include GE (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), and Itron (US).
The water desalination equipment market is expected to grow from USD 7.1 billion in 2021 to USD 11.2 billion by 2026, at a compound annual growth rate (CAGR) of 9.5%. during the forecast period.Suez Water Technologies & Solutions (US), Veolia Water Technologies (France), DuPont (US), LG Chem (Korea), Toray Industries, Inc. (Japan), Sulzer (Switzerland) and Wärtsilä (Finland).
The marine VFD market is expected to grow from USD 804 million in 2021 to USD 1,075 million by 2026, at a CAGR of 6.0% during the forecast period. The key players include General Electric (US), Danfoss (Denmark), Siemens (Germany), ABB (Switzerland), Rockwell Automation (US). The leading players are adopting various strategies to increase their share in the marine VFD market.
The hydraulic fracturing market is expected to grow from USD 34.8 billion in 2021 to USD 50.2 billion by 2026, at a compound annual growth rate (CAGR) of 7.6% during the forecast period. Some of the key players are Halliburton (US), Schlumberger (US), Baker Hughes Company (US) NexTier Oilfield Solutions (US), and Calfrac Well Services (Canada). The leading players are adopting various strategies to increase their share in the hydraulic fracturing market.
The global digital oilfield market is expected to grow from USD 24.3 billion in 2021 to USD 32.0 billion by 2026, at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The key players in the digital oilfield market include companies such as Halliburton (US), Schlumberger (US), Baker Hughes (US), Weatherford International (US), and NOV (US).
The Offshore Wind Market is expected to grow from USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. The key players include General Electric (US), Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China). The leading players are adopting various strategies to increase their share in the offshore wind market.
The Industrial Counterweights Market is expected to grow from USD 6.7 billion in 2021 to USD 8.5 billion by 2026, at a CAGR of 4.5% during the forecast period. The key players include FMGC, Farinia Group (France), Sic LAZARO (US), Crescent Foundry (India), Gallizo (Spain), Mars Metal (Canada). The leading players are adopting various strategies to increase their share in the industrial counterweights market.
The global power plant control system market is projected to reach USD 10.2 billion by 2026, at a CAGR of 7.3% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Siemens Energy (Germany), ABB (Switzerland), Emerson (US), Rockwell (US), and GE (US) along with other prominent manufacturers of power plant control system.
The well intervention market is expected to grow from USD 7.6 billion in 2021 to USD 9.3 billion by 2026, at a compound annual growth rate (CAGR) of 4.2% during the forecast period. The major players in the global well intervention market are Halliburton (US), Schlumberger (US), Baker Hughes (US), Weatherford International (US), NexTier Oilfield Solutions(US), NOV (US), Archer (Norway), Altus Intervention (Norway), and Expro Group (UK).
The offshore decommissioning market is expected to grow from USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a compound annual growth rate (CAGR) of 7.4%. during the forecast period. The major players in the offshore decommissioning market are Heerema Marine Contractors (The Netherlands), Royal Boskalis Westminster N.V. (The Netherlands), Petrofac (Jersey), Oceaneering International (US), Baker Hughes Company (US), Halliburton (US), and Schlumberger (US).
The Waste Management Market is expected to grow from USD 423.4 billion in 2021 to USD 542.7 billion by 2026, at a CAGR of 5.1% during the forecast period. The key players in the waste management market include companies such as Waste Management (US), Veolia (France), Republic Services (US), SUEZ (France), and Waste Connections (US).
The environmental technology market is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecasting period. The key market players in this market are AECOM (US), Lennox International (US), Teledyne Technologies Incorporated (US), Thermo Fisher Scientific Inc. (US), Abatement Technologies (US), Veolia (France), Waste Connections (US), Total SA (France), Covanta Holding Corporation (US), SUEZ (US), Biffa (England) and Hitachi Zosen Corporation (Japan), Carbon Clean (UK), Cypher Environmental (Canada), Svante Inc. (Canada), CarbonCure Technologies Inc. (Nova Scotia), Sunfire GmbH (Germany), BacTech Inc. (Canada), TRC Companies, Inc. (US), and Arcadis N.V. (Netherlands). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies.
The power SCADA market is expected to grow from USD 1.7 billion in 2021 to USD 2.5 billion by 2026, at a compound annual growth rate (CAGR) of 7.6% during the forecast period. The leading players in the power SCADA market include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Emerson (US), and Rockwell Automation (US).
The global permanent magnet motor market is expected to grow from USD 41.2 billion in 2021 to USD 64.6 billion by 2026, at a compound annual growth rate (CAGR) of 9.4% during the forecast period. The major players in Permanent Magnet Motor market, such as ABB (Switzerland), Siemens (Germany), Wolong (China), WEG (Brazil) and Rockwell Automation (US), have comparable strengths in terms of customer base, diversified product portfolios, technological capabilities, and regional presence, and they cumulatively hold a major portion of the total market share.
The power quality equipment market is expected to grow from USD 32.4 billion in 2021 to USD 46.1 billion by 2026, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.Some of the key players are Siemens (Germany), ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), and General Electric (US). The leading players are adopting various strategies to increase their share in the power quality equipment market.
The global rotary UPS market market is expected to grow from USD 0.7 billion in 2021 to USD 0.8 billion by 2026, at a compound annual growth rate (CAGR) of 4.9% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Piller Power Systems (Germany), Hitec Holdings (Netherlands), Rolls Royce Holdings (UK), Hitzinger (Austria), and IEM Power Systems (US) along with other prominent manufacturers of rotary UPS.
The Excitation Systems Market is expected to grow from USD 2.7 billion in 2021 to USD 3.4 billion by 2026, at a CAGR of 4.4% during the forecast period. Some of the key players are ABB (Switzerland), Siemens Energy(Germany), General Electric (US), ANDRITZ Group (Austria), and Emerson (US).The leading players are adopting various strategies to increase their share in the excitation systems market. Contracts & agreements, and new product launches have been a widely adopted strategy by the major players in the excitation systems market.
The sequence of events recorder market is expected to grow from USD 25 million in 2021 to USD 31 million by 2026, at a compound annual growth rate (CAGR) of 4.7% during the forecast period. Some of the key players are AMETEK(US), Qualitrol Corp.(US), Emerson(US), Yokogawa Electric Corporation(Japan).The leading players are adopting various strategies to increase their share in the sequence of events recorder market.
The Electric Fuse Market is expected to grow from USD 3.5 billion in 2021 to USD 4.6 billion by 2026, at a CAGR of 5.8% during the forecast period. Some of the key players are Schneider Electric (France), Siemens (Germany), Mersen (France), ABB (Switzerland), Eaton (Ireland), Bel Fuse Inc. (US), Littelfuse (US), Legrand (France), S&C Electric Company (US), and Hubbell (US). The leading players are adopting various strategies to increase their shares in the electric fuse market.
The Smart Gas Meter Market is expected to grow from USD 2.0 billion in 2021 to USD 2.5 billion by 2026, at a CAGR of 4.7% during the forecast period. Major players operating in the smart gas meter market include companies such as Landis + Gyr (Switzerland), Itron (US), Honeywell International (US), Apator Group (Poland), and Diehl Metering (Germany).
The Residential Energy Management Market is expected to grow from USD 2.2 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 12.9% during the forecast period. Some of the key players are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Honeywell International (US), and Siemens (Germany).The leading players are adopting various strategies to increase their share in the residential energy management market. Partnership & collaboration, and new product launches have been a widely adopted strategy by the major players in the residential energy management market.
The global pipeline & process services market is projected to reach a size of USD 4.0 billion by 2025, at a CAGR of 5.5% during the forecasting period. Some of the key players are Halliburton (US), Baker Hughes Company (US), EnerMech (UK), IKM Gruppen (Norway), and Enerpac Tool Group (UK). The leading players are adopting various strategies to increase their share in the pipeline & process services market. Contracts & agreements has been a widely adopted strategy by the major players in the pipeline & process services market..
The surge arrester market is expected to grow from USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a compound annual growth rate (CAGR) of 4.9% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Hitachi ABB (Switzerland), Siemens Energy (Germany), General Electric (US), Eaton (Ireland), and Hubbell (US) along with other prominent manufacturers of the surge arrester.
The global circuit breaker market size is projected to reach USD 7.7 billion by 2025, at a CAGR of 5.9% during the forecasting period. ABB, Schneider Electric Siemens, Mitsubishi Electric, Eaton, are the leading players in the circuit breaker market. CG Power and Industrial Solutions, XIGAO Group, LS ELECTRIC, Huayi Electric, Myers Power Products, Larsen & Toubro, TE Connectivity, Meidensha, Toshiba, Powell Industries are the leading players in the global Circuit Breaker Market.
The light towers market is expected to grow from USD 4.3 billion in 2020 to USD 5.7 billion by 2025, at a compound annual growth rate (CAGR) of 5.7%. during the forecast period.include Generac Holding (US), Terex Corporation (US), Doosan Portable Power (US), Wacker Neuson (Germany), Atlas Copco (Sweden), and United Rental (US).
The Vacuum Interrupter Market is expected to grow from USD 2.4 billion in 2020 to USD 3.1 billion by 2025, at a CAGR of 5.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the vacuum interrupter market. Some of the key players are ABB (Switzerland), Eaton (US), Siemens AG (Germany, ), Shaanxi Baoguang Vacuum Electric Device Company Limited (China), and Meidensha Corporation (China). The leading players are adopting various strategies to increase their share in the vacuum interrupter market.
The submersible pumps market is expected to grow from USD 11.2 billion in 2020 to USD 15.5 billion by 2025 at a compound annual growth rate (CAGR) of 6.7% during the forecast period.Some of the key players are Xylem (US), Sulzer (Switzerland), KSB Group (Germany), Grundfos (Denmark), and Atlas Copco (Sweden). The leading players are adopting various strategies to increase their share in the submersible pumps market.
The Sand Control Solutions Market is expected to grow from USD 2.1 billion in 2020 to USD 3.2 billion by 2025, at a CAGR of 8.9% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Weatherford (Switzerland), and Superior Energy Services (US). The leading players are adopting various strategies to increase their share in the sand control solutions market.
The Industrial Plugs and Sockets Market is expected to grow from USD 2.5 billion in 2020 to USD 3.2 billion by 2025, at a CAGR of 4.9% during the forecast period. Some of the key players are Amphenol Corporation (US), ABB (Switzerland), Emerson Electric (US), Schneider Electric (France), and Legrand SA (France). The leading players are adopting various strategies to increase their share in the industrial plugs and sockets market.
The global oil & gas pumps market is projected to reach a size of USD 9.0 billion by 2025, at a CAGR of 6.4% during the forecasting period. Some of the key players are Flowserve (US), Sulzer (Switzerland), Weir Group (UK), KSB (Germany), and Xylem(US). The leading players are adopting various strategies to increase their share in the oil & gas pumps market.
The global hydraulic workover unit market is projected to be reach USD 11.0 billion by 2025, at a post-COVID-19 CAGR of 6.3% during the forecast period. Some of the key players are Halliburton (US), Velesto Energy (Malaysia), Superior Energy Services (US), Basic Energy Services (US), Precision Drilling (Canada). The leading players are adopting various strategies to increase their share in the hydraulic workover unit market.
The global thermal energy storage market size is expected to grow USD 369 million by 2025, at a CAGR of 14.4% during the forecasting period. The key players in the thermal energy storage market include companies such as Abengoa Solar (Spain), Burns & McDonnell (US), BrightSource Energy (US), Calmac (US), and SolarReserve (US).
The Power Plant Boiler Market is expected to grow from USD 18.1 billion in 2020 to USD 22.8 billion by 2025, at a CAGR of 4.8% during the forecast period. The key players in the power plant boiler market include companies such as Babcock & Wilcox (US), Dongfang Electric Corporation (China), Doosan Heavy Industries & Construction (Korea), General Electric (US), and Mitsubishi Hitachi Power Systems (Japan).
The Motor Control Centers Market is expected to grow from USD 4.6 billion in 2020 to USD 6.3 billion by 2025, at a CAGR of 6.4% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the motor control centers market. These include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), and Rockwell Automation (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The Heat Pump Water Heater Market is expected to grow from USD 1.4 billion in 2020 to USD 2.1 billion by 2026, at a CAGR of 6.8% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the heat pump water heater such as Midea Group (China), RHEEM Manufacturing Company (US), Daikin (Japan), A.O. Smith Corporation (US), Bosch Industries (Germany), and Ingersoll Rand (US), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Valliant Group (Germany), Daikin (Japan), Mitsubishi Electric (Japan), Glen Dimplex (Ireland), Stiebel Eltron (Germany), and more.
The global renewable drones market is expected to grow USD 148 million by 2025, at a CAGR of 27.1% during the forecasting period. Some of the key players are DJI Enterprise (China), Terra Drone (Japan), Aerodyne Measure (US), and DroneDeploy (US).The leading players are adopting various strategies to increase their share in the renewable drones market.
The global commercial water heaters market size is expected to grow a size of USD 7.7 billion by 2026, at a CAGR of 6.1% during the forecasting period, To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the comercial water heaters such as A.O. Smith Corporation (US), RHEEM Manufacturing Company (US), Rinnai Corporation (Japan), Solahart Industries (Australia), Carrier Global (US), Stiebel Eltron (Germany), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Danfoss (Denmark), Valliant Group (Germany), American Water Heaters (US), Daikin (Japan), Mitsubishi Electric (Japan), Andrewes Water Heaters (Baxi Heating) (UK), and more.
The global switchgear monitoring system market size is expected to grow USD 2.1 billion by 2025, at a CAGR of 9.7% during the forecasting period. Asia Pacific is estimated to be the largest and fastest growing market during the forecast period. The region has been segmented, by country, into China, Japan, South Korea, Australia, and the Rest of Asia Pacific. Countries in this region are experiencing an increase in demand for power due to rapid urbanization and increase in industrialization. To meet the growing requirement for energy efficiency and continuous power supply, the State Grid Corporation of China (SGCC) plans to invest about USD 556 billion from 2017 to 2020, of which 11.1% (about USD 62 billion) would be spent on grid technologies, including switchgear monitoring, to accommodate a large amount of renewable energy in its grid. China managed to become the major consumer of smart grid technology because of the massive transformation taking place in the country’s energy landscape. The requirement for the smart grid is further supported by China’s focus on embracing energy efficiency and clean energy along with the need to transform the nation’s power industry. China is expected to have more than 100 GW of installed wind capacity and a significant increase in its solar PV installations by 2020. Owing to this, the demand for switchgear monitoring systems would increase.
The global brushless DC Motor market size is expected to grow USD 15.2 billion by 2025, at a CAGR of 9.5% during the forecasting period. AMETEK (US), Allied Motion (US), Nidec Corporation (Japan), Johnson Electric (China), and MinebeaMitsumi (Japan) are the leading players in the brushless DC motor market. Maxon Motor (Switzerland), Regal Beloit Corporation (US), Oriental Motor (Japan), Portescap (US), and ElectroCraft (US) are other players operating in the market are the leading players in the global brushless DC motor market.
The Oilfield Integrity Management Market is expected to grow from USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1% during the forecast period. The oilfield integrity management market is dominated by a few global players, mainly from the North American region. The key players in the oilfield integrity management market include companies such as Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Siemens (Germany), Emerson (US), IBM (US), and Oracle (US).
The global enhanced oil recovery market size is expected to grow USD 59.4 billion by 2025, at a CAGR of 6.5% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Royal Dutch Shell Plc (Netherlands), BP Plc(UK). The leading players are adopting various strategies to increase their share in the enhanced oil recovery market.
The Coiled Tubing Market is expected to grow from USD 3.0 billion in 2020 to USD 4.0 billion by 2025, at a CAGR of 5.8% during the forecast period. Some of the key players are Schlumberger (US), Halliburton (US), NexTier Oilfield Solutions (US), Weatherford (Switzerland), and Baker Hughes (US). The leading players are adopting various strategies to increase their share in the coiled tubing industry. New product launches, and contracts & agreements have been a widely adopted strategy by the major players in the coiled tubing market.
The Diesel Power Engine Market is expected to grow from USD 6.3 billion in 2020 to USD 7.9 billion by 2025, at a CAGR of 4.6% during the forecast period. Caterpillar (US), Cummins (US), Wartsila (Finland), Rolls Royce Holdings (UK), MAN SE (Germany), Mitsubishi Heavy Industries Engine & Turbocharger (Japan), and Volvo Penta (Sweden) are the key players in the global diesel power engine market.
The Asia Pacific Generator Sales Market is expected to grow from USD 6.8 billion in 2020 to USD 8.8 billion by 2025, at a CAGR of 5.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Asia Pacific generator sales market. The major players in the Asia Pacific generator sales industry are Caterpillar (US), Cummins (US), Generac (US), Wärtsilä (Finland), Mitsubishi Heavy Industries (Japan), Rolls-Royce Holdings (UK), Yanmar (Japan), Siemens (Germany), Weichai Group (China), and Sterling & Wilson (India). These players are adopting various strategies to increase their share in the Asia Pacific generator sales market. Contracts & agreements, and new product launches have been a widely adopted strategy by the major players in the generator sales industry.