The Brushless DC motors market is projected to achieve a value of US$ 35 billion with a compound annual growth rate (CAGR) of 6.3% by the year 2032. Notably, brushless motors within the 0-750 watt range constitute 49% of the total market value. Brushless DC motors (BLDC) have gained substantial traction in various industries due to their efficiency, reliability, and precise control...

The global jackup rigs market is expected to reach USD 5.6 billion by 2032, growing at a CAGR of 5.50% during the forecast period. Jackup rigs are mobile offshore drilling units that are supported by three or four legs that can be jacked up and down to elevate the hull above the sea surface. This makes them ideal for drilling in shallow waters, typically up to 350 feet deep. The self-elevating...

offshore decommissioning market growth Overview The offshore decommissioning market growth is projected to grow at a CAGR of 7.10% during the forecast period. As per the offshore decommissioning market growth research report, the global market for offshore decommissioning is anticipated to grow rapidly. As per analysts, increasing gas exploration and production along with the rise in the oil...