The global perovskite solar cell market size was estimated at USD 218.44 million in 2023 and expected to grow at a CAGR of 72.7% from 2024 to 2030. Technological advancements have led to significant improvements in power conversion efficiency, with perovskite PV cells exceeding most thin... Read More »
May 2025The global silicon anode battery market size was estimated at USD 357.3 million in 2024 and is projected to reach USD 3,618.5 million by 2030, growing at a CAGR of 50.1% from 2025 to 2030. Driven by several key factors such as the increasing demand for high-energy density batteries ... Read More »
May 2025The global synchronous condenser market size was estimated at USD 696.0 million in 2024 and is anticipated to reach USD 818.3 million by 2030, growing at a CAGR of 2.8% from 2025 to 2030. This growth is attributed to the growing complexity and variability in power generation across the g... Read More »
May 2025The global dry type transformer market size was estimated at USD 6.73 billion in 2024 and is projected to reach USD 9.69 billion by 2030,growing at a CAGR of 6.4% from 2025 to 2030. Furthermore, dry type transformers typically have lower power density than oil-filled This product is... Read More »
May 2025The global HVDC converter station market size was valued at USD 12.17 billion in 2024 and is expected to expand at a CAGR of 4.8% from 2025 to 2030. An increasing demand for efficient long-distance power transmission is significantly driving the growth of the HVDC converter station indus... Read More »
May 2025The global offshore wind market size was estimated at USD 39.97 billion in 2024 and is projected to reach USD 65.04 billion by 2030, growing at a CAGR of 8.9% from 2025 to 2030. The market is expected to expand due to growing interest in decreasing the global carbon footprint and in... Read More »
May 2025The global digital substation market size was valued at USD 7.39 billion in 2024 and is expected to grow at a CAGR of 7.6% from 2025 to 2030. The increasing digital transformation of various operations and processes with respect to electricity production and distribution to enhance their... Read More »
May 2025The global air insulated switchgear market size was estimated at USD 68.26 billion in 2024 and is estimated to grow at a CAGR of 4.6% from 2025 to 2030. The air insulated switchgear (AIS) market's growth is primarily driven by increasing investments in power infrastructure, particularly ... Read More »
May 2025The global direct air capture market size was valued at USD 97.56 million in 2024 and expected to grow at a CAGR of 61.15% from 2025 to 2030. The primary driver for the direct air capture (DAC) market is the increasing global awareness and urgency to mitigate climate change. Governments,... Read More »
May 2025The global motorcycle rental market size was estimated at USD 385.2 million in 2024 and is projected to reach USD 701.4 million by 2030, growing at a CAGR of 10.6% from 2025 to 2030. Rising traffic congestion in large cities worldwide has become a primary factor in encou... Read More »
May 2025The global hydraulic cylinder market size was estimated at USD 16.82 billion in 2024 and is expected to grow at a CAGR of 4.4% from 2025 to 2030. Market growth is primarily driven by the rising adoption of industrial automation across key sectors such as manufacturing, construction, agri... Read More »
April 2025The global shunt capacitor market size was estimated at USD 1.08 billion in 2024 and is anticipated to reach USD 1.61 billion by 2030, growing at a CAGR of 7.0% from 2025 to 2030. Growing global demand for electricity, coupled with increasing grid complexity, is driving the adoption of s... Read More »
March 2025The global mobile substation market size was estimated at USD 1,212.91 million in 2024 and is projected to grow at a CAGR of 4.37% from 2025 to 2030. The market is driven by the increasing demand for reliable and flexible power solutions in emergency situations, grid expansion, and tempo... Read More »
March 2025The global RF power meter market was valued at USD 3.15 billion in 2024 and is projected to grow at a CAGR of 8.1% from 2025 to 2030. Demand for RF power meters in telecommunications and aerospace is likely to emerge as a key factor for industry growth over the forecast period. The incre... Read More »
February 2025The global pipeline pigging services market size was valued at USD 3.26 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2030. Pipeline pigging uses a device known as a “pig” to clean the pipes and perform maintenance activ... Read More »
February 2025The global transfer case market was estimated at USD 17.08 billion in 2024 and is projected to grow at a CAGR of 9.8% from 2025 to 2030. As consumers demand higher performance and versatility from their vehicles, automakers are increasingly equipping vehicles with four-wheel-drive (4WD) ... Read More »
February 2025The global power distribution twisted cables market size was estimated at USD 11.64 billion in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030. As urbanization and industrialization expand globally, a reliable and efficient power distribution system becomes more cr... Read More »
February 2025The global natural gas generator market size was estimated at USD 9,741.0 million in 2024 and is projected to reach USD 18,667.3 million by 2030, growing at a CAGR of 11.4% from 2025 to 2030... Read More »
February 2025The Europe carbon capture utilization market size was estimated at USD 2,009.28 million in 2024 and is projected to grow at a CAGR of 16.6% from 2025 to 2030. Factors such as increasing applications of carbon capture utilization (CCU) in the enhanced oil recovery (EOR) in the oil & g... Read More »
January 2025The Middle East cables market size was valued at USD 10.97 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030. The Middle East cables market experiencing a significant growth due to technological developments, infrastructural development resulting from the proce... Read More »
January 2025