According to Market Research Future (MRFR), the global industrial gases market valuation is expected to rise at a high CAGR of 6.23% during the assessment period (2017-2027). Increasing consumption of industrial gases in the healthcare, metal & metallurgy, and pharma & biotech sectors creates a substantial demand in the market. The rise in industries such as chemicals, pulp &...

Market Highlights Geothermal power market size is projected to reach USD 5.89 Billion by 2027 and grow with a 5.26% CAGR between 2019 and 2027.   Geothermal power market is electricity generated from geothermal energy, where steam from hot water located under the ground is used to rotate the turbine that is connected to a generator that produces electricity. Geothermal energy is...

Heat pump market is expected to grow at USD 118.4 Billion 11.37% CAGR during the forecast period. Market Highlights Heat pumps market are designed to transfer heat from one place to another, with the help of electricity.  Refrigerators and air conditioners are the two examples with heat pump technology. Advantages of heat pump include, less use of electricity, most...

Market Synopsis The data experts at Market Research Future Reports (MRFR) have conducted a thorough analysis of the global hydropower market. The analysis has revealed that the global hydropower market is estimated to grow at a CAGR of 3% during the review period. The increasing inclination towards adopting renewable energy is estimated to be the major factor driving the...

Market Analysis  The microbial fuel cell market is predicted to develop at a 9% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis. Microbial fuel cell, simply put, is a form of bio-electrochemical device which uses bacteria as a catalyst for oxidizing inorganic and organic matter and generating current. Besides, this also helps in transforming chemical...

Market Analysis  Oilfield Services Market is projected to be worth USD 359.57 Billion by 2028, registering a CAGR of 6.45% during the forecast period (2021 - 2028), The market was valued at USD 273.41 billion in 2020.  Various factors are propelling the global Oilfield Services Market. According to the recent MRFR report, such factors include the global rise in oil & gas...

Market Highlights Paralleling switchgear market is expected to expand at ~ 5.5% CAGR during the forecast period. The paralleling switchgear market is projected to have enormous developments over the forecast period owing to incessant technological advancements in energy sector tied with rising power demand. The market is also likely to have huge expansion activities by global and...

Market Overview Biofuels Market is projected to be worth USD 190.6 Billion by 2027, registering a CAGR of 6.78% during the forecast period (2021 - 2027), The market was valued at USD 141.56 billion in 2020. Drivers and Restraints The global Biofuels Market is projected to grow at a high rate over the review period due to the renewability of...

Market Research Future published a Cooked Research Report on the global equipments for HVAC market that contains information from 2021 to 2027.  The global equipments for HVAC market is expected to progress with ~4.10% CAGR from 2021to 2027. HVAC equipment is used to provide safety from any operational fault within the compressor and refrigeration circuit. This equipment is...

Market Highlights HVAC Motors Market is projected to be worth USD 21.2 billion by 2027, registering a CAGR of 8.02% during the forecast period (2021 - 2027), The market was valued at USD 12.65 billion in 2020. HVAC motors can be used in a variety of applications where highly reliable and efficient motors are required. These motors can be designed with different electrical starting...