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Flare gas recovery systems are not a new concept in the market instead have been getting installed at slow pace in the oil and gas facilities. However due to shifting focus towards clean energy production has led to gradual increase in FGRS installations. In terms of number of installations, small capacity FGRS command largest share in the market. High value markets such as Europe and North America are collectively estimated to grow at 12.4% during the forecast period. Emerging economies such as Asia Pacific, South America, Middle East, Africa, and Eurasia are collectively projected to grow at 16.3% during the forecast period, which is 1.3 times when compared to developed markets.

Construction equipment industry comprises of a wide rangeof heavy machines which perform specific tasks for various applications. Construction equipment can be classified according to the size and capability of the construction machinery.However, there have been a few changes in their classification based on design specifications and cost effectiveness. Compact construction equipment is an emerging term used in the construction equipment industry due to its utility advantages.