The global solid oxide fuel cell market size was estimated at USD 627.43 million in 2023 and is expected to grow at a CAGR of 40.7% from 2024 to 2030. The increasing private-public partnerships are one of the key factors fostering market growth. Solid oxide fuel cells (SOFC) are one of t... Read More »
July 2024The global recloser market size was estimated at USD 1.13 billion in 2023 and is forecasted to grow at a CAGR of 5.6% from 2024 to 2030. This growth is attributed to the increasing demand for reliable and efficient power distribution systems.... Read More »
July 2024The global bioliquid heat and power generation market size was estimated at USD 2.50 billion in 2023 and is estimated to grow at a CAGR of 6.5% from 2024 to 2030. Increasing demand for renewable and cleaner energy sources worldwide is likely to act as a key growth factor for the market.&... Read More »
July 2024The global nuclear power plant equipment market size was estimated at USD 20.82 billion in 2023 and is forecasted to grow at a CAGR of 3.4% from 2024 to 2030. This growth is attributed to the adoption of low-carbon energy sources to combat climate change, the increasing energy needs of r... Read More »
July 2024The global micro combined heat and power market size was estimated at USD 4.19 billion in 2023 and is projected to grow at a CAGR of 9.1% from 2024 to 2030. This growth is attributed to the growing awareness and concerns about climate change and carbon emissions which are increasing cons... Read More »
July 2024The global transmission repair market size was estimated at USD 222.96 billion in 2023 and is estimated to grow at a CAGR of 3.1% from 2024 to 2030. This growth is primarily driven by the increasing complexity of vehicle transmission systems and the rising number of vehicles on the road,... Read More »
July 2024The global carbon capture and storage market size was estimated at USD 3.47 billion in 2023 and is projected to grow at CAGR of 7.3% from 2024 to 2030. Increasing carbon emissions across the world and surging concerns regarding the detrimental effect of carbon emissions on the environmen... Read More »
July 2024The global pad-mounted switchgear market was estimated at USD 6.45 billion in 2023 and is forecasted to grow at a CAGR of 4.7% from 2024 to 2030. This growth is attributed to the rising adoption of renewable energy sources like solar and wind increases, which is driving need for efficien... Read More »
July 2024The global temporary power market size was estimated at USD 5.27 billion in 2023 and is estimated to grow at a CAGR of 8.7% from 2024 to 2030. The temporary power industry is experiencing significant growth, driven by increasing demand from various sectors, including construction & m... Read More »
July 2024The global diesel generator market size was estimated at USD 16.36 billion in 2023 and is expected to grow at a CAGR of 9.6% from 2024 to 2030. Increasing energy demand globally far outstrips the supply. Factors, such as continuous population growth, infrastructure development, and rapid... Read More »
July 2024The global lithium-sulfur battery market size was estimated at USD 33.80 million in 2023 and is expected to grow at a CAGR of 25.5% from 2024 to 2030. The lithium-sulfur (Li-S) battery market is primarily driven by the increasing demand for high-energy-density storage solutions in variou... Read More »
July 2024The global wellhead equipment market size was valued at USD 6.69 billion in 2023 and is expected to grow at a CAGR of 4.9% from 2024 to 2030. The market is driven by several factors, including the increasing demand for energy, the need for efficient and reliable oil and gas extraction, a... Read More »
July 2024The global HVDC converter station market size was estimated at USD 11.85 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. An increasing demand for efficient long-distance power transmission is significantly driving the growth of HVDC converter station market. ... Read More »
July 2024The global molded case circuit breakers market size was estimated at USD 6.23 billion in 2023 and is estimated to grow at a CAGR of 14.0% from 2024 to 2030. Increasing investments in electricity generation and transmission is propelling market growth... Read More »
July 2024The global oil & gas SCADA market size was estimated at USD 3.73 billion in 2023 and projected to grow at a CAGR of 5.7% from 2024 to 2030. The market is driven by several key factors that are expected to shape its growth trajectory over the next few years. One of the primary drivers... Read More »
July 2024The global biofuels market size was estimated at USD 99.53 billion in 2023 and is expected to grow at a CAGR of 11.3% from 2024 to 2030. The market growth is driven by the high demand for cleaner fuel and increasing governmental regulations for desulphurizing petroleum products.... Read More »
July 2024The global silicon photomultiplier market was estimated at USD 130.04 million in 2023 and is expected to grow at a CAGR of 7.9% from 2024 to 2030. This market growth is driven by the increasing demand for advanced imaging technologies in various applications, including medical imaging, a... Read More »
July 2024The global transformer monitoring system market size was estimated at USD 2.48 billion in 2023 and expected to grow at a CAGR of 9.1% from 2024 to 2030. The growing demand for reliable and efficient power distribution is a major driver of the market. Transformers are critical assets in t... Read More »
July 2024The global drill pipe market size was estimated at USD 2.21 billion in 2023 and is projected to grow at a CAGR of 3.9% from 2024 to 2030. Significant oilfield expansions, particularly in North America and the Middle East, along with improving drilling techniques with enhanced productivit... Read More »
July 2024The China stationary lead acid battery market size was valued at USD 3,568.8 million in 2023 and is expected to grow at a CAGR of 2.9% from 2024 to 2030. The market is anticipated to be driven by huge demand in telecommunication, grid energy storage systems, and household off-grid electr... Read More »
July 2024