Envision Group collaborated with Analog Devices, Inc., to allow new levels of wind turbine safety by improving real-time monitoring of vibration, tilt, and other information that may be utilized to guide safer windmill operation and construction.
DuPont de Nemours, Inc. acquired Rogers Corporation to strengthen its position in innovative materials. Further, these efforts will also accelerate top-line growth, strengthen operating EBITDA margins, and significantly improve cross-cycle earnings stability.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 3479
Published Date: Apr 13, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Rise in investment to investigate the new emerging electricity generating techniques owing to its growing demand are the major factor driving the growth of the power generation market.
The market size of power generation is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023-2035.
The major players in the market are Alstom S.A., General Electric Company, DuPont de Nemours, Inc., Siemens AG, The Dow Chemical Company, and Envision Group.
The steam turbine segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the APAC region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.