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Showing posts from May, 2021

Motor Control Centers Market 2021: Business Strategies, Future Growth

  The   motor control centers market   witnesses increasing traction across the globe. The market growth attributes to the rising need for reliable electric supply and maximum safety in transmission & distribution networks. Besides, increasing investments into the replacement of matured electric grid structures with modern upgraded ones drive the growth of the market.   Moreover, subsequent investments in transmission & distribution networks, grid expansion, and developing safe electrical infrastructure escalate the market demand. According to Market Research Future (MRFR), the global motor control centers market is poised to grow at around 5.95% CAGR during the review period   (2018-2023). Industrial usages of control centers currently hold a large market share in terms of volume.  The spurring rise in the industrial sector across the globe and rising small and medium voltage motor control centers in industries for safe operations boost the market size. Additionally, rising in

Gas Turbine Industry 2021: Sales Revenue, Development Strategy

  Overview The global gas turbine industry is projected to grow at a CAGR of 4.80% during the forecast period. As per the gas turbine industry research report, the global market for gas turbine is projected to grow swiftly. According to analysts, availability of natural gas in large quantities as well as global electricity demand will drive the market growth during the forecast period. The gas turbine industry research report offers a comprehensive analysis of the global gas turbine industry and its application, region, technology, and capacity segments. The high cost along with need for physical space are the elements that could influence the gas turbine industry advancement throughout the forecast period. The  gas turbine manufacturing  research report by expert analysts is developed to assist organizations in the gas turbine industry. Market Segmentation The global gas turbine industry has been segmented based on application, region, technology, and capacity. On the basis of applica