The global solar tracker market size was valued at USD 4.41 billion in 2022, and is projected to reach USD 29.31 billion by 2030, expanding at a CAGR of 26.2% from 2023 to 2030. Rising concerns over energy conservation and transition from non-renewable energy to renewable energy is ... Read More »
March 2023The global steam turbine market size was estimated at USD 16,269.7 million in 2022 and is projected to reach USD 19,641.3 million by 2030, growing at a 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... Read More »
March 2023The global energy storage systems market recorded a demand was 222.79 GW in 2022 and is expected to reach 512.41 GW by 2030, growing at a CAGR of 11.6% from 2023 to 2030. Growing demand for efficient and competitive energy resources is likely to propel market growth over the coming years... 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 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 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 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 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 low power generator sets market size was valued at 33.37 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.0 % from 2023 to 2038. Increasing demand for uninterrupted and reliable power supply for usage in power generation, telecommunication... 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 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 2023The U.S. carbon dioxide market size was valued at USD 3.19 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2022 to 2030. Increasing usage of carbon dioxide for Enhanced Oil Recovery (EOR) in oil & gas plants is anticipated to drive the i... Read More »
September 2022The global solar energy systems market size was valued at USD 160.3 billion in 2021 and is projected to reach USD 607.8 billion by 2030 billion by 2030, growing at a CAGR of 15.7% from 2022 to 2030. The growing demand for sustainable energy production sources to replace the conventional ... Read More »
August 2022The global sodium sulfur battery market size to be valued at USD 480.4 million by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 29.6% during the forecast period. Growing demand for energy storage and power using sodium sulfur (NaS) batteries across the globe is ... Read More »
June 2022The global biodiesel market size was valued at USD 32.09 billion in 2021 and is projected to reach USD 73.05 billion by 2030, growing at a CAGR of 10.0% from 2022 to 2030. Biodiesel is a renewable, clean-burning diesel substitute that can be used in existing diesel engines without requir... Read More »
May 2022