The construction dumper market is poised to grow by USD 2.74 billion during 2021-2025, progressing at a CAGR of almost 4% during the forecast period.
Leading marine energy developer Minesto continues to make operational progress in the company's tidal energy project in the Faroe Islands. During electricity production runs over the last weeks Minesto's DG100 power plant has delivered grid-compliant electricity at new record levels.
The U.A.E. is one of the biggest tourist destinations in the world on account of its lavish lifestyle, sleek infrastructure, thrilling amusement parks, immersive Arabic culture, and intriguing ethnic history. As a result, the travel & tourism sector contributed 5.2% to the country's gross domestic product (GDP) in 2016, a share that the government wants to increase further. Therefore, the resulting construction of infrastructure in this sector will likely drive the U.A.E. mechanical, electrical, and plumbing services market from $3,025.9 million in 2020 to $12,946.9 million in 2030, at a 15.7% CAGR between 2021 and 2030, according to the market research report published by P&S Intelligence.