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Nigeria Diesel Genset Market Share, Growing Demand, and Top Key Players
The power infrastructure in Nigeria is considerably weak, on account of the existence of huge power transmission losses and high-value base power deficit in the country. Moreover, the country is witnessing a sharp surge in the demand for diesel gensets, owing to the rising urbanization rate and rapid economic progress. As per an article published in the International Trade Administration, the Nigerian government is making huge investments for boosting power production through small, medium, and large hydrostatic power plants with a total capacity of 6,024 MW in several cities, such as Kashimbila (40 MW), Makurdi (1,000 MW), and Mambila (3,050 MW).
Offshore Pipeline Market Projection, Technological Innovation And Emerging Trends
In 2022, the offshore pipeline market was worth around USD 13,571 million, and it is projected to advance at a 4.10% CAGR from 2022 to 2030, hitting USD 18,716 million in 2030, according to P&S Intelligence. This growth can be ascribed to the increasing need for crude oil and natural gas, mainly from the APAC region, also a rising focus on secure, cost-effective, and harmless connections for oil & gas reserve supply, is projected to boost industry in the coming years. The demand for pipelines is also projected to increase because of a surge in shale gas resource findings and expansion in the North American continent. Already, the region has created a substantial requirement for the fitting of pipelines off its shores. Furthermore, in the coming few years, the increasing hydrocarbon imports through subsea pipelines will have a significant positive influence on the industry.
Car Towing Service Market Projection, Technological Innovation And Emerging Trends 2030
Everyone who drives a vehicle must be aware of the parking and towing laws. As it would make them avoid unnecessary penalty fees. In addition, the growing demand for roadside assistance services is projected to fuel the demand for care towing. The motor insurer and auto manufacturing companies are likely to rapidly expand their businesses, due to the growing demand for roadside assistance services, including car towing, offered by auto manufacturers, and insurance companies, as an add-on feature. The advanced technology has enabled car towing service providers to respond faster and more efficiently with smartphone applications led by surging smartphone and internet penetration. Have you ever been stranded due to a broken-down vehicle or when it suddenly stopped running? In such a case, the towing service becomes the savior.
Organ-on-Chip Market Projection, Technological Innovation And Emerging Trends 2030
One of the biggest factors propelling the demand for organ-on-chip is the increasing number of investments being made in research by the governments of several countries all around the world. For instance, the National Center for Advancing Translational Sciences (NCATS) gave a research grant worth $2 million to Emulate Inc. in July 2017, in order to allow the company to leverage its human Brain-Chip system and create a fully automated research platform for conducting experiments on the International Space Station.
Physical Vapor Deposition Market Projection, Technological Innovation And Emerging Trends 2030
Due to the increasing adoption of the physical vapor deposition (PVD) technology in cutting tools, aerospace, firearms, and automotive applications, soaring utilization of semiconductors in consumer products, burgeoning need for PVD services, and surging requirement for solar energy products, the global physical vapor deposition market generated a revenue of $20 billion in 2020. Furthermore, the market will exhibit huge expansion during 2021?2030 (forecast period), as per the estimates of the market research organization, P&S Intelligence.
U.S. Shower Glass Door Market Growth, Development and Demand Forecast Report 2030
The rapid urbanization in the U.S. has led to the adoption of shower glass doors in the residential and commercial units in the country due to the heavy investments in infrastructure. The Revision of World Urbanization Prospects 2018 by the United Nations Department of Economic and Social Affairs (UNDESA) estimates that by 2050, nearly 68% of the world's population will reside in urban areas. North America is the most urbanized region in the world, with already 82% of its population residing in urban settings.
Indonesia Diesel Genset Market Growth, Development and Demand Forecast Report 2030
The estimated revenue of the Indonesian diesel genset market was $339.9 million in 2021, and it is set to grow at a CAGR of 4.5% during 2021?2030, to reach $504.5 million by 2030. It will mainly be due to a growth of the industrial and construction sectors, an increase in the prevalence of power cuts, and boom in the telecom sector. Across the country, gensets are a key necessity for producing electricity for non-stop operations.
Saudi Arabia Surgical Sutures Market Growth, Development and Demand Forecast Report 2030
One of the major factors fuelling the boom of the microbiology cell culture industry in Saudi Arabia is the blossoming life sciences sector the country. The life sciences sector in Saudi Arabia is being mainly driven by the increasing healthcare expenditure in the country. For instance, King Abdulaziz City for Science and Technology (KACST) made an investment of $373.0 million on health biotechnology research projects in the country under the National Science, Technology, and Innovation Plan (NSTIP), in 2016, in order to study certain rare conditions and for the diagnosis and treatment of various kinds of diseases in the country.
Self-Levelling Concrete Market Growth, Development and Demand Forecast Report 2030
Owing to the rising need for advanced concrete floor leveling techniques in construction, the demand for self-levelling concrete is set to surge in the coming years. The conventional methods for levelling concrete floors require excessive use of water, and they are very labor intensive, which contribute significantly to their decreasing popularity in the construction sector. Moreover, self-levelling concrete and other such products have numerous other advantages over conventional concrete, such as the characteristic ability to be walked on within a few hours after setting and eight times faster setting power, which boosts their adoption.
U.A.E. Diesel Generator Set Market Growth, Development and Demand Forecast Report 2030
In 2021, the U.A.E. diesel generator set market stood at $143.6 million; it is expected to hit the value of $204.5 million, growing at a rate of 4.0% from 2021 to 2030. It is attributed to the surge in demand for prime and backup power sources in central spaces such as retail stores, office spaces, hospitals and hotels. There is a massive demand for medium and large DG sets for power generation in the commercial sector, majorly in mining, oil & gas, energy & power, and manufacturing industries. The diesel generators are extensively utilized for global events in the country involving international participation or a vast number of visits. For instance, Expo 2020 conducted in 2021 was a recent global event in Dubai that increased the country's tourism and required an uninterrupted power supply, which was facilitated by the DG sets. Moreover, the rising power outages in the country have increased the demand for power backup sources resulting in the expansion of the market.
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