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The global fire-rated busway market was valued at USD 1,678.9 million in 2023 and is projected to grow from USD 1,772.6 million in 2024 to USD 2,692.4 million by 2031, at a CAGR of 6.15% during the forecast period. This growth is fueled by increasing safety regulations, rising demand for efficient power distribution, and expanding infrastructure projects across commercial, industrial, and...
According to UnivDatos, the growth of the Azimuth Thrusters market is primarily driven by factors such as the growing demand for energy, which has spurred extensive offshore exploration and production activities, further boosting the demand for Azimuth Thrusters. As per their Azimuth Thrusters Market report, the global market was valued at USD ~532 million in 2023, growing at a CAGR of about...
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The Europe Solid Oxide Fuel Cell (SOFC) Market is gaining strong traction as countries across the continent accelerate their transition toward cleaner, decentralized, and hydrogen-based energy systems. Solid oxide fuel cells, operating at high temperatures between 600–1000 °C, are known for their high electrical efficiency, fuel flexibility, and potential to integrate with combined...