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Almira Coyne

Ring Main Unit Market Size to Reach $3.4 billion by 2029 As Revealed In New Report - 0 views

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    The global ring main unit market is anticipated to expand significantly, reaching USD 3.4 billion by 2029, up from USD 2.5 billion in 2024, reflecting a compound annual growth rate (CAGR) of 5.7% during the forecast period.
Almira Coyne

Small Modular Reactor Market is Expected to Experience a Swift Development by 2030 As R... - 0 views

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    The global small modular reactor market size is estimated to be USD 5.8 billion in 2023 and is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. Factors such as the versatile nature of nuclear power and the relative advantages of SMRs such as modularization and factory construction are enabling the growth of the market.
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Ring Main Unit Market May Reach to $3.4 billion by 2029 at CAGR of 5.7% - MarketsandMar... - 0 views

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    The market growth for ring main units can be attributed to the increasing capacity additions and enhancement plans for distribution networks and modernization of existing power infrastructure. A ring main unit is considered as an all-in-one solution that is easy to install and maintenance-free. Various industries are witnessing a general shift toward the adoption of ring main units as it enhances the uptime and reliability of power supply. It can also be fitted or integrated with intelligent electronic devices. Due to its smart capabilities, it is highly demanded in the market. In addition, the global focus on renewable power generation is expected to present numerous growth opportunities for the growth of the ring main unit market.
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Distributed Control System Market To See Stunning Growth As Revealed In New Report - 0 views

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    The global Distributed control system market is estimated to grow from $19.9 Billion in 2023 to $26.7 billion by 2028; it is expected to record a CAGR of 6.1% during the forecast period.
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Hydraulic Fracturing Market is Set to Fly High Growth in Years To Come As Revealed In N... - 0 views

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    According to a latest research, the global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period. Hydraulic fracturing, also known as fracking, is one of the most efficient techniques used to recover unconventional oil and gas resources. It is an underground petroleum extraction process in which water, sand, and chemicals are injected under high pressure into a bedrock formation through the well. The injection pressure of the pumped fluid creates fractures that cause gas and fluid flow, and the sand or other coarse materials help in holding the fractures. The increasing supply-demand gap for primary energy sources is one of the leading factors driving the growth of the hydraulic fracturing market, as the demand for oil and gas is constantly growing, and the production capacities of the related reserves are limited. The capability of foams to provide waterless fracking presents promising opportunities for the hydraulic fracturing market. However, the risks associated with growing concerns regarding seismic activities due to hydraulic fracturing has hindered the growth of the market in recent years and is expected to restrain the market's growth during the forecast period.
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Marine Engines Market to Witness A Phenomenal Growth by 2029 As Revealed In New Report - 0 views

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    The marine engines market is currently at a crossroads, navigating a complex interplay between the established needs of global trade and the growing urgency for cleaner operations. The global marine engines market is projected to reach USD 15.2 billion by 2029, showing a growth from the estimated USD 13.1 billion in 2024, with a compound annual growth rate (CAGR) of 3.0% from 2024 to 2029. Traditionally, after-sales services like maintenance and repairs have been a part of the marine engines market. However, companies are finding ways to optimize this segment to generate recurring revenue.
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