Marine Power Plant Market to Exhibit 4% CAGR by 2027 | Market Research Future (MRFR) Key companies profiled include Caterpillar Inc. (US), Cummins (US), Hyundai Heavy Industries Co., Ltd. (South Korea), MAN Energy Solution (Germany), Mitsubishi Heavy Industries, Ltd. (Japan), Rolls-Royce plc (UK), Wärtsilä Oyj Abp (Finland), DAIHATSU DIESEL MFG. CO., LTD. (Japan), Doosan Infracore (South Korea), Fairbanks Morse (US), Hydraulic Marine Systems Inc. (US), Masson Marine (France), Samsung Heavy Industries (US), Siemens AG (Germany), and Mercury Marine (US)., among others.
April 27, 2021 10:27 ET | Source: Market Research Future Market Research Future
Pune, April 27, 2021 (GLOBE NEWSWIRE) The global
marine power plant market is witnessing a continual rise in its revenues. The market growth attributes to rising government initiatives to reduce carbon footprints and accelerate green energy production capacities. Besides, rising numbers
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Analytical Technology, Inc. (US).
Many leading players like Schneider Electric (France), ABB (Switzerland), Bentley Systems (US), and others are actively participating in digital water solution development projects. For example, in April 2019, Bentley Systems (US) made an agreement with Digital Water Works (US) to invest in superior infrastructure digital twin solutions for investor-owned and municipal water and wastewater utilities worldwide. Such market developments are anticipated to propel the growth of the global market for digital water solutions during the forecast period.
Summary
The global digital water solutions market size is set to reach USD 1.26 billion at a CAGR of 12.01% from 2020 to 2026 (forecast period). Digital water solutions refer to an ecosystem containing a wide variety of products and technologies used by water and wastewater companies, including hardware, software, services, information technology (IT), data collection, analytical tools, and state-of-the-a