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The submarine power cable market is expected to grow from an estimated market size of USD 8.12 Billion in 2018 to USD 16.56 Billion by 2023, at a CAGR of 15.32%, from 2018 to 2023. The overall market is set to witness significant growth because of the increasing offshore wind installations, growing demand for inter-country and island connection, and demand from offshore oil & gas sector. Increasing demand for HVDC connections is one of the major opportunities for the submarine power cable market.

The continuous shale development activities and the development of gas terminals are the key factors driving the growth of the oil & gas pumps market. Investments in the oil & gas sector from emerging economies and continuing developments in high crude oil-producing regions such as the Middle East, North America, and Russia are projected to drive the growth of the market for centrifugal pumps globally.

Reports & Insights has freshly issued a new report titled "Cannabis Market: Opportunity Analysis and Future Assessment 2022-2030" which speaks about the market size, market potential and comprehensive understanding of the statistics concerned with the development of the respective market. The market analysts estimate that the Cannabis Market size will elevate from 28.1 Bn in 2022 to 197.5 Bn by the year 2030, at an estimated CAGR of 27.6%. The base year considered for the study is 2020, and the market size is projected from 2022 to 2030. The cannabis market is estimated to reach at a value of US$ 28.1 Bn by the end of 2022 and expected to reach at a value of US$ 197.5 Bn by 2030 with a significant CAGR of 27.6%. Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/8265 Cannabis Introduction Cannabis sativa L. (Cannabaceae) is one of the earliest medicinal plants utilized by humans. Basically, Cannabis is the preferable identification name of the plant Cannabis indica, Cannabis sativa, and of minor significance, Cannabis ruderalis. For thousands of years, the plant has served its utility for mankind for oil and fiber production, and simply as a supplement for different food items. Cannabis is the world's most ordinarily cultivated, smuggled, and used as unauthorized and illegal drug, and in addition to that, as the encouragement for legalization of cultivation of cannabis at home and abroad is surging, cannabis or marijuana is gaining significant attention from manufacturers, investors, and researchers across the world. Moreover, cannabis is considered to contain a variety of medicinally essential compounds such as, terpenoids, cannabinoids, alkaloids, flavonoids, and others, which further escalates its applications in medicinal uses in the healthcare sector. Cannabis, which was once considered an unauthorized and illegal substance is believed a restricted and governed drug within several government guidelines in presen

The generator sales market is expected to grow from an estimated USD 21.6 billion in 2022 to USD 28.6 billion in 2027, at a CAGR of 5.8% during the forecast period. Generators are machines that convert mechanical energy into electrical energy. They play a major role in bridging the gap between power demand and supply. Internal combustion engines produce mechanical energy, which can be converted into electrical energy through generators. The generators considered in this study are compact packages that consist of an internal combustion engine, alternators, and other accessories, such as transfer switches, integrated power systems, paralleling systems, and remote monitoring systems. The rapid expansion of the industrial sector along with Surging demand for uninterrupted & reliable power supply to drive demand for backup power generation is expected to drive the demand for global Generator Sales.

In recent years, the global demand for sustainable and clean energy solutions to mitigate climate change and reduce reliance on fossil fuels has increased. In this search, hydrogen has emerged as a promising contender for energy storage, with enormous potential to transform how we store and use renewable energy. The hydrogen energy storage market is quickly evolving, driven by major investments, technological improvements, and favourable policies. In this blog article, we will look at the current situation of the hydrogen energy storage sector as well as its future prospects.

Hydrogen is the simplest element exist on Earth and is a energy carrier. Hydrogen is rarely found by itself in nature and must be produced from substances that contain it. Hydrogen can store and distribute useable energy. The production of hydrogen can be done in a low-carbon manner using a variety of domestic resources, such as nuclear energy and renewable energy sources including wind, solar, geothermal, and hydroelectric power, as well as fossil fuels like coal and natural gas combined with carbon capture and storage. Utilizing hydrogen can enable zero or nearly zero emissions in transportation, integrated renewable energy systems, and other industrial and chemical operations. Emerging hydrogen markets within these sectors include data centers, ports, steel manufacturing, and medium- and heavy-duty trucks. 

According to the new market research report, The global generator sales market is projected to reach USD 28.6 billion by 2027 from an estimated USD 21.6 billion in 2022, at a CAGR of 5.8% during the forecast period. The rapid expansion of the industrial sector along with Surging demand for uninterrupted & reliable power supply to drive demand for backup power generation is expected to drive the demand for global Generator Sales Market.

According to the new market research report, The global cryogenic pump market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The factors driving the growth for cryogenic pump market is the rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector.

the global centrifugal pump market size is projected to reach USD 48.8 billion by 2026 from an estimated value of USD 36.6 billion in 2021, at a CAGR of 5.9%. The key drivers for the centrifugal pump market include intensified demand for water and wastewater management in developed countries; surged investments in global construction industry; high demand for centrifugal pumps from agricultural sector.

the global DC Switchgear Market is projected to reach USD 14.8 billion by 2026 from an estimated market size of USD 11.0 billion in 2021, at a CAGR of 6.1% during the forecast period. The factors driving the growth for DC switchgear are the growing demand for renewable power generation and increasing investment in the upgradation and modernization of the railway sector.

The global used oil business is anticipated to be driven by socioeconomic factors such as the increase in GDP in the European Community, the steady recovery of the local economy, and the rise in energy demand as a result of increasing population levels worldwide. Since cutting-edge technology is less popular in emerging nations, there are many opportunities for the sector to grow.

The generator market has been experiencing significant growth in recent years, and this trend is expected to continue in the coming decade. According to market research, the generator market size was valued at $23.1 billion in 2023 and is projected to reach $34.5 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. One of the primary drivers of the generator industry is the growing demand for dependable and uninterrupted power supply across a variety of sectors. Generators serve an important role in providing backup power during emergencies or power outages, allowing key operations to continue uninterrupted. This is especially critical in industries like healthcare, manufacturing, data centers, and telecommunications, where even a short power loss can have serious effects.

Bharat Book Bureau Provides the Trending Market Research Report on "Saudi Arabia Power Market" under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. The Saudi Arabia Power Report provides detailed insights into the current power market conditions in the country. Strategic analysis review of the country's power sector is included, providing recent trends and investment drivers, factors set to shape the future of the industry, and detailed SWOT Analysis.

The global paralleling switchgear market is estimated to grow at a CAGR of 5.82% from 2018 to 2023, to reach a market size of USD 1.55 billion by 2023. The increase in distributed generation, ageing and overburdening of power grids, and investment in industrial sectors such as power generation, oil & gas, telecommunication, construction, and mining are likely to drive the paralleling switchgear market during the forecast period.

The most recent published by Reports & Insights termed as "Real Estate Market: Opportunity Analysis and Future Assessment 2022-2030" provides exclusive information about the market, covering in-depth data about future market opportunities and prospects along with the possible challenges. It further mentions recent trends and impact of various factors which affects the growth of Real Estate market. Moreover, the report also thoroughly states about the leading players competing in the market for the interest of its readers.

The global centrifugal pump market is estimated to grow from USD 39.7 billion in 2023 to USD 51.5 billion by 2028, at a CAGR of 5.4% during the forecast period. The requirement for desalination and water treatment has also contributed to the growth opportunities for centrifugal pump manufacturers. Desalination plants rely on centrifugal pumps for seawater intake, brine circulation, and product water transfer. As water scarcity becomes a pressing issue in many regions, the demand for desalination and water treatment solutions is rising, thereby driving the demand for centrifugal pumps in industrial sector.

The global cryogenic pump market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The factors driving the growth for cryogenic pump market is the rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector.

The Marine Variable Frequency Drive (VFD) Market is expected to develop significantly, owing to increased demand for energy-efficient marine solutions. According to a MarketsandMarkets analysis, the industry is predicted to grow significantly due to factors such as tight marine pollution regulations and the requirement for operational efficiency. VFDs provide precise control over motor speed and torque, leading to improved performance and lower energy usage in maritime propulsion systems. Furthermore, the increasing use of electric propulsion systems in ships and vessels drives market growth. Key industry participants are focused on technology developments and product innovations to meet the changing needs of the maritime sector. The Marine VFD market is served by a mix of large international players with global operational presence and local players with a strong domestic supply network.