industry Research Blog

Mobile Offshore Drilling Unit Market Highlights Mobile Offshore Drilling Unit (MODUs) Market to grow at a rate of 7.8% during the forecast period 2022-2030. Mobile offshore drilling units are the facilities, which are used to drill down for oil exploration. Once the geographical predictions show the exact location of oil beneath the earth, drilling is required to examine these predictions; this is where mobile offshore drilling units are used. Global Mobile Offshore Drilling Unit Market is expected to grow at the highest CAGR during the forecast period. In 2019, North America Dominated the Mobile Offshore Drilling Unit Market in Terms of Market Share: MRFR The global mobile offshore drilling unit market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and South America. North America is expected to hold the largest share of the market during the forecast period. According to the US Energy Information Adminis

Sidetracking Market Analysis  Sidetracking Market size is projected to reach USD 651.6 Million by 2026, with 6.30% CAGR during the forecast period.  Report Attribute/Metric Details CAGR   6.30% (2022-2030)   Base Year   2021   Forecast Period   2022-2030   Historical Data   2019 & 2020   Forecast Units   Value (USD Million)   Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends   Segments Covered   Application   Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW) Sidetracking Market Drivers  Increasing Adoption of Horizontal Drilling to Boost Market Growth  The increasing adoption of horizontal drilling and hydraulic fracturing has resulted in the increase in the rate of production of natural gas, c

Wind Turbine Brakes Market Highlights Wind Turbine Brakes Market size is projected to reach USD 390.4 Million by 2026, at 6.21% CAGR between 2022 and 2030. Wind turbine brakes are used to hold the turbine in place and stop the rotors from moving. They are applied for maintenance operations and in extreme weather conditions where excessive wind speed may damage the turbine. Wind turbine brakes are also used to hold the turbine in place in situations where the turbine has a mechanical failure. Report Attribute/Metric Details CAGR   6.21% CAGR (2022-2030)   Base Year   2021   Forecast Period   2022-2030   Historical Data   2019 & 2020   Forecast Units   Value (USD Million)   Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends   Segments Covered   Application

Landfill Gas Market Analysis Landfill Gas Market share is expected to reach USD 3 Billion by 2030, expanding at a compound annual growth rate (CAGR) of 8% during the forecast period. Increased Demand for Power Generation Landfill gas can be utilized as a low-carbon, sustainable alternative to conventional fossil fuels. When burned, it creates bioenergy, which is regarded as a clean fuel for energy generation. Growing global energy demand is expected to promote the production of bioenergy from biomass and landfill gases, which will, in turn, drive the expansion of the landfill gas market. As stated by the International Energy Agency (IEA), bioenergy power output increased by about 5% in 2019, which is only 1% less than the 6% annual power production rate needed to satisfy the 2030 sustainable development scenario goals. Furthermore, renewable power generation from landfill gas will have a significant impact on global warming emissions since it can reduce the quantity of CO2 emi

Off-Grid Remote Sensing Power System Market Analysis The Off-Grid Remote Sensing Power System Market size is projected to reach a valuation of USD 2,101.9 million at ~7% CAGR between 2022 and 2030. Report Attribute/Metric Details  CAGR   ~7% CAGR (2022-2030)   Base Year   2021   Forecast Period   2022 to 2030   Historical Data   2019 & 2020   Forecast Units   Value (USD Million)   Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends   Segments Covered   Technology Type, End Use   Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)   Several Factors Contributing to Market Growth In recent years, it has become critical to estimate electricity consumption using remote sensing data in order to support t