The global Volt VAR management market size was estimated at USD 481.0 million in 2023 and is forecasted to grow at a CAGR of 5.0% from 2024 to 2030. The market is primarily driven by the growing demand for energy efficiency in power distribution systems. As utilities and grid operators s... Read More »
August 2024The global vacuum contactor market size was estimated at USD 4.26 billion in 2023 and is estimated to grow at a CAGR of 6.6% from 2024 to 2030. Rising need for energy efficiency in industrial applications is expected to benefit the market growth over the coming years.... Read More »
August 2024The global wind turbine tower market size was estimated at USD 27.78 billion in 2023 and is projected to grow at a CAGR of 8.1% from 2024 to 2030. The global market is primarily driven by the increasing demand for clean, renewable energy sources as countries worldwide aim to reduce their... Read More »
August 2024The global well cementing services market size was estimated at USD 8.8 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030. The global rise in crude oil prices is the pivotal factor that propelled the market growth. The increase in oil prices led several oil &am... Read More »
August 2024The global small-scale LNG market size was estimated at USD 52.51 billion in 2023 and is expected to grow at a CAGR of 14.1% from 2024 to 2030. Increasing demand for cleaner energy sources, particularly in remote areas and emerging economies is driving the growth of market. Besides, smal... Read More »
August 2024The global bifacial solar market size was estimated at USD 16.07 billion in 2023 and is expected to grow at a CAGR of 15.1% from 2024 to 2030. Increasing demand for solar energy as countries and businesses aim to transition to cleaner energy sources, bifacial solars are gaining popularit... Read More »
August 2024The global synchronous condenser market size was estimated at USD 679.1 million in 2023 and is forecasted to grow at a CAGR of 2.7% from 2024 to 2030. This growth is attributed to the growing complexity and variability in power generation across the globe. Synchronous condensers help mai... Read More »
July 2024The global silicon anode battery market size was estimated at USD 279.29 million in 2023 and is expected to grow at a CAGR of 47.1% from 2024 to 2030. The market is experiencing significant growth, driven by the increasing demand for high-energy density batteries across industries such a... Read More »
July 2024The global alkaline water electrolysis market size was estimated at USD 140.45 million in 2023 and expected to grow at a CAGR of 19.6% from 2024 to 2030. The market is primarily driven by the increasing demand for clean and sustainable energy solutions, particularly the production of gre... Read More »
July 2024The global small modular reactor market size was estimated at USD 6.14 billion in 2023 and is expected to grow at a CAGR of 3.3% from 2024 to 2030. This growth is attributed to their potential to provide a more flexible and cost-effective solution for nuclear power generation. These are ... Read More »
July 2024The global wellhead components market size was estimated at USD 6.25 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. The market is primarily driven by the increasing demand for oil and gas worldwide. As energy consumption continues to rise, particularly in de... Read More »
July 2024The global wind turbine rotor blade market size was estimated at USD 10.46 billion in 2023 and is estimated to grow at a CAGR of 9.6% from 2024 to 2030. Global shift towards renewable energy on account of limited conventional energy resources and growing emissions is expected to benefit ... Read More »
July 2024The global carbon credit trading platform market size was estimated at USD 129.2 million in 2023 and is expected to grow at a CAGR of 18.2% from 2024 to 2030. The market is driven by the increasing global focus on reducing carbon emissions and mitigating climate change. As governments an... Read More »
July 2024The global solar microinverter market was valued USD 2,514.00 million in 2023 and is expected to grow at a CAGR of 18.9% over 2024 to 2030. This market's growth is driven by the increasing adoption of solar energy across residential, commercial, and industrial sectors. As the world shift... Read More »
July 2024The 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 2024