The global reservoir analysis market is evaluated at US$7.737 billion for the year 2020 growing at a CAGR of 4.67% reaching the market size of US$10.174 billion by the year 2026. Reservoir analysis refers to the analysis of the rocks, pores and fluids inside a reservoir to optimise their production and recovery techniques. The methods and equipment used in the analysis develops subsurface data which helps in the analysis of the reservoir in order to increase the reliability of the reserv Read more...
The global flue gas desulfurization market is expected to grow at a compound annual growth rate of 5.12% over the forecast period to reach a market size of US$23.802 billion in 2026 from US$17.636 billion in 2020. The generation and production of energy in any type of industry requires the burning of fuels, such as oil and coal. Burning of fuels leads to environmental pollution, as major gases or flue gas, which consists of oxides of sulphur and nitrogen, are produced and released in the Read more...
The global hydraulic fracturing market is evaluated at US$48.339 billion for the year 2020 growing at a CAGR of 2.41% reaching the market size of US$55.764 billion by the year 2026. Hydraulic fracturing is also known as fracking and is a drilling process which is used to extract oil and gas from deep under the surface of the earth. The method is used to create cracks deep under the surface and are widened and spread using water, chemicals and sand at high pressure. More often, the resour Read more...
The global ozone meter market is evaluated at US$591.948 million for the year 2020 growing at a CAGR of 7.23% reaching the market size of US$899.874 million by the year 2026. An Ozone Meter is an electronic device used to measure the concentration of ozone in the air. The meter is also used to determine the ozone values in industrial applications and to determine if the value is violating the standards provided by the National Ambient Air Quality Standards (NAAQS). The demand of the devi Read more...
Geothermal drilling rig are the types of drilling rigs used to access the geothermal energy of underneath the Earth’s surface for ecologic heating. The market for these rigs is expected to be driven by the increasing demand for geothermal energy during the forecast period. According to a report by the International Energy Association (IEA), the market for the geothermal energy is still very dynamic and is expected to continue the trend in the coming years as well. Even though the demand Read more...
The global renewable drones’ market is evaluated at US$75.194 million for the year 2020 growing at a CAGR of 28.51% reaching the market size of US$338.691 million by the year 2026. Renewable drones are the type of drones which are used in the renewable energy industry for various purposes. The advent of drones in the renewable energy industry is still evolving with different applications emerging with time. For instance, a 4-5 acres of solar farm is needed to produce about 1MW of p Read more...
The global air batteries market is evaluated at US$1.851 billion for the year 2020 growing at a CAGR of 9.14% reaching the market size of US$3.129 billion by the year 2026. Air batteries are the type of electrochemical cells which uses the reduction of air at cathode and the oxidation of a chemical at anode to produce electricity. The key benefits of using these batteries are that they provide high specific energy, high operating voltage, a flat discharge voltage profile, environmental f Read more...
The global marine paints market is evaluated at US$2,529.662 million for the year 2020 and is projected to grow at a CAGR of 4.15% during the forecast period. Marine paints are the types of paints which are applied on ferries, boats, ships, other water vehicles, and structures that are exposed to water frequently. These types of paints provide a protective layer against the moisture, brackish water, or saltwater. The offshore oil rigs are painted with marine paints to prevent the iron fr Read more...
The global nuclear energy services market is evaluated at US$7.068 billion for the year 2019 growing at a CAGR of 4.37% reaching the market size of US$9.136 billion by the year 2026. The nuclear energy services market consists of developing regulatory frameworks, strategic recommendations, improvement in the operating model and entire nuclear energy value chain. The market is expected to witness a significant growth of CAGR x% owing to the increase in the developments of nuclear power pl Read more...
The global floating power plant market is evaluated at US$1,217.139 Million for the year 2020 growing at a CAGR of 10.03% reaching the market size of US$2,159.766 Million by the year 2026. Floating power plant refers to the type of power plants that are built on ships or other floating platforms like barges. The concept is comparatively new and several projects are under development owing to the advantages posed by it. The one advantage due to which the concept is gaining a significant am Read more...
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