The Space-Based Solar Power Market was valued at USD 474 million in 2023 and is expected to grow at a strong CAGR of around 10.3% during the forecast period (2024-2032). Space-based solar panels involve collecting the sun’s energy in space and then wirelessly transmitting it to Earth.

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The Wind Turbine Foundation Market was valued at approximately USD 63.51 Billion in 2023 and is expected to grow at a robust CAGR of around 5.85% during the forecast period (2024-2032) owing to the increasing global demand for adequate and fresh water.

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The Wind Turbine Pitch System market was valued at USD 2.8 Billion in 2023 and is expected to grow at a strong CAGR of around 4.67% during the forecast period (2024-2032). Wind turbine pitch system is a system, which regulates the angle of the blades when the wind speed is changing to enhance the performance of the wind turbines.

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The Power Purchase Agreement market was valued at USD 65,959.9 Million in 2023 and is expected to grow at a strong CAGR of around 23.1% during the forecast period (2024-2032). Power purchase agreement (PPA) is a contractual agreement that covers the purchase of electricity between a power producer and a consumer or trader over an agreed period.

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The oil-immersed power transformer market was valued at USD 23.65 Billion in 2023 and is expected to grow at a strong CAGR of around 6.5% during the forecast period (2024-2032). Oil immersed power transformer market is a significant component of the global power transformer industry, which has a crucial role in voltage regulation and power distribution.

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The Fuel-Flexible Boiler Market was valued at USD 8.6 Billion in 2023 and is expected to grow at a strong CAGR of around 7.2% during the forecast period (2024-2032). The market for fuel-flexible boilers is rapidly developing as the demand for efficient and diverse energy sources is rising.

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The India LPG market was valued at USD 15 Billion in 2023 and is expected to grow at a strong CAGR of around 3.4% during the forecast period (2024-2032). Liquefied Petroleum Gas (LPG) Industry in India has grown and evolved remarkably recently. For ages, Indians have used biomass for cooking; the government has actively marketed LPG as a less pollutive and efficient fuel type.

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The India gas-insulated switchgear market was valued at USD 2 Billion in 2023 and is expected to grow at a strong CAGR of around 6.5% during the forecast period (2024-2032). India’s gas-insulated switchgear (GIS) market is constantly growing driven by rapid urbanization, the expansion of the power sector, and the increasing demand for reliable and compact power infrastructure.

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The Middle East solid state transformer market was valued at USD 100 Million in 2023 and is expected to grow at a strong CAGR of around 12.3% during the forecast period (2024-2032). The solid-state transformer (SST) is a market in the Middle East that is expanding due to various factors such as increasing technological innovation in electrical and electronic devices and systems and the increasing need for advanced efficient transformation of electrical power.

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The Gear Motors market was valued at approximately USD 8892.50 Million in 2023 and is expected to grow at a robust CAGR of around 6.91% during the forecast period (2024-2032) owing to the increasing automation in industries, the demand for energy-efficient solutions, and the adoption of smart technologies like IoT for enhanced operational efficiency.

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