The global motorcycle rental market size was estimated at USD 354.4 million in 2023 and is projected to reach USD 701.4 million by 2030, growing at a CAGR of 10.5% from 2024 to 2030. Rising traffic congestion in large cities worldwide is becoming a primary market driver, encouraging more... Read More »
August 2024The global disconnect switches market size was estimated at USD 15.02 billion in 2023 and projected to grow at a CAGR of 6.09% from 2024 to 2030. The market is experiencing significant growth driven by various factors, including rising industrialization, increased investment in electrici... Read More »
August 2024The global heat recovery steam generator market size was estimated at USD 1,345.2 million in 2023 and is projected to reach USD 1,817.0 million by 2030 and is anticipated to grow at a CAGR of 4.5% from 2024 to 2030. There is a significant push toward improving energy efficiency and reduc... Read More »
August 2024The 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 »
August 2024he global air insulated switchgear market size was estimated at USD 65.45 billion in 2023 and is estimated to grow at a CAGR of 4.6% from 2024 to 2030. The air insulated switchgear (AIS) market's growth is primarily driven by increasing investments in power infrastructure, particularly i... Read More »
August 2024The India lithium-ion battery market size was estimated at USD 573.07 million in 2023 and expected to expand at a CAGR of 38.7% from 2024 to 2030. The growth of the market in the country can be attributed to the increasing adoption of electric vehicles (EVs) and the ongoing integration o... Read More »
August 2024The global train battery market size was estimated at USD 275.00 million in 2023 and expected to grow at a CAGR of 5.7% from 2024 to 2030. The global market is poised for significant growth, driven by the increasing adoption of electrification in the railway industry and the emphasis on ... Read More »
August 2024The global lithium-ion battery binders market size was estimated at USD 1.88 billion in 2023 and is estimated to grow at a CAGR of 18.3% from 2024 to 2030. This surge is primarily driven by the increasing demand for electric vehicles (EVs), which has led to a heightened need for high-per... Read More »
August 2024The global artificial photosynthesis market size was estimated at USD 80.8 million in 2023 and is estimated to grow at a CAGR of 13.2% from 2024 to 2030. Global focus on reductions of carbon emissions is expected to remain a key driver for the market. With climate change becoming a ... Read More »
August 2024The global cable conduit systems market size was estimated at USD 7.90 billion in 2023 and is projected to grow at a CAGR of 8.0% from 2024 to 2030. The global infrastructure development, particularly in emerging economies, has been a significant driver for the market growth. As countrie... Read More »
August 2024The global digital substation market size was estimated at USD 6.90 billion in 2023 and expected to grow at a CAGR of 7.55% from 2024 to 2030. The increasing digital transformation of various operations and processes with respect to electricity production and distribution to enhance thei... Read More »
August 2024The global HVDC transmission market size was estimated at USD 11.98 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 driving the growth of the market.... Read More »
August 2024The global electrical grid market size was estimated at USD 268.27 billion in 2023 and is estimated to grow at a CAGR of 5.6% from 2024 to 2030. Increasing demand for electricity globally, supported by rapid urbanization, and industrialization is expected to drive the market over the com... Read More »
August 2024The global commercial airport lighting market size was estimated at USD 681.81 million in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The market is propelled by increasing air traffic, stringent aviation safety regulations, and a growing emphasis on operational effi... Read More »
August 2024The global electrical conduit market size was estimated at USD 7.44 billion in 2023 and is estimated to grow at a CAGR of 6.7% from 2024 to 2030. Market growth is primarily driven by the rising demand for safe and secure electrical wiring systems in residential, commercial, and industria... Read More »
August 2024The global offshore wind turbine market size was estimated at USD 17.81 billion in 2023 and expected to grow at a CAGR of 11.5% from 2024 to 2030. The market is expected to expand accounting to rising interest in reducing the global carbon footprint and increasing demand for renewable en... Read More »
August 2024The global hydrogen compressor market size was valued at USD 1.85 billion in 2023 and is projected to grow at a CAGR of 3.9% from 2024 to 2030. As the world shifts toward a more sustainable energy system, hydrogen is increasingly viewed as a vital component of the future energy mix. It c... Read More »
August 2024The global shunt reactor market size was estimated at USD 2.66 billion in 2023 and is estimated to grow at a CAGR of 6.2% from 2024 to 2030. This growth is driven by increasing demand across various applications, particularly in power transmission and distribution systems. The surge is f... Read More »
August 2024The 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 2024