The global diesel generator market size was valued at USD 15.16 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030. Increasing demand for energy globally far outstrips the supply. Factors such as continuous population growth, infra... Read More »
March 2023The global solar tracker market size was valued at USD 4.41 billion in 2022, expanding at a compound annual growth rate (CAGR) of 26.2% from 2023 to 2030. Rising concerns over energy conservation and transition from non-renewable energy to renewable energy is expected to surge demand for... Read More »
March 2023The global steam turbine market size was valued at USD 16.27 billion in 2022 and is projected to register a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030. An increase in the number of power plants is likely to be commissioned to compensate for the energy deficit and this i... Read More »
March 2023The global energy storage systems market recorded a demand was valued 222.79 GW in 2022 and is expected to reach 512.41 GW by 2030, progressing at a compound annual growth rate (CAGR) of 11.6% from 2023 to 2030. Growing demand for efficient and competitive energy resources is likely to p... Read More »
March 2023The global bioplastics market size was estimated at USD 11,610.5 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 18.8% from 2023 to 2030. An increase in health-related awareness, combined with an increasing population in Asia Pacific's emerging market... Read More »
March 2023The Mexico oil and gas market size was valued at USD 185.46 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. Mexico's demand for oil & gas is anticipated to increase as a result of government subsidies and the liberalization... Read More »
March 2023The global liquefied petroleum gas market size was estimated at USD 117.3 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Growing awareness about the benefits correlated to the usage of LPG to substitute fossil fuels and t... Read More »
March 2023Mobile Battery Energy Storage Systems are an innovative and practical solution for storage in various industries. As consumers shift towards renewable energy sources, the need for efficient and reliable storage solutions has become increasingly important. The market for this storage syst...Read More »
The second-life battery market refers to the practice of reusing batteries that are no longer suitable for their original purpose but still have sufficient capacity for less demanding applications. These batteries are typically removed from electric vehicles or renewable energy storage s...Read More »
The sustainable provision of future energy demand can be significantly aided by biomass. It currently contributes the most renewable energy to the world's energy mix, and there is tremendous room for growth in the generation of heat, power, and transportation fuels. By utilizing the cons...Read More »
Zinc air batteries are projected to be widely used across the electronic and automotive industry owing to their shift in consumers demand for renewable sources such as wind and solar. Additionally, the growing demand for higher energy-density storage options along with the rising demand ...Read More »
The global demand for SLI (Starting, Lighting, and Ignition) batteries is increasing on account of the growing demand for rechargeable batteries in the market. Moreover, the growing demand for these batteries in automobile industry is further expected to propel the demand for SLI batteri...Read More »
The global dual-axis solar tracker market is expected to witness significant demand owing to the rise in global demand for high efficiency electricity generation technology, such as concentrating solar-thermal power (CSP) and concentrator photovoltaics (CPV). In addition, rising demand f...Read More »
The purpose of a Vapor Recovery Unit (VRU) is to compress low-pressure gas, remove undesired vapor from distill tanks or crude oil, and enable operators to follow current emission requirements. For instance, the U.S. Environmental Protection Agency suggests installing VRUs on storage tan...Read More »
Consumer batteries are projected to be widely used across various electronic applications including laptops, flashlights, lamps, personal care, power tools, mobile phones, toys, and other electronics. Further, rising demand for portable electronics from the growing population and propuls...Read More »
Landfill gas is a byproduct of different gases. Landfill gas (LFG) comprises approximately 50% carbon dioxide (CO2), 50% methane, and non-methane organic compounds in a small amount. Increasing environmental awareness has positively affected the development of these gases worldwide. LFG ...Read More »
The global battery market was valued at USD 104.31 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.8% from 2023 to 2030. The high use of UPS devices in healthcare, chemical, and oil & gas sectors for continuous power supply is expected to prope... Read More »
February 2023The Middle East switchgears market size was estimated at USD 10.29 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. The Middle East switchgears market is anticipated to be driven by the rising power demand brought on by a g... Read More »
February 2023The China stationary lead acid battery market size was valued at USD 3,447.48 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030. The growth of China’s stationary lead acid battery industry is anticipated to be driven by huge... Read More »
January 2023The global underground gas storage market size was estimated at 468.20 BCM in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030. Underground gas storage facilities are primarily developed to meet seasonal demand for gases worldwide. Gases ar... Read More »
January 2023