The global battery recycling market size was estimated at USD 1.83 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 37.6% from 2024 to 2030. The industry is expected to grow rapidly during the forecast period owing to increasing popularity of electric ve... Read More »
November 2023The U.S. battery energy storage system market size was estimated at USD 711.9 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 30.5% from 2024 to 2030. Growing use of battery storage systems in industries to support equipment with critical power supply i... Read More »
November 2023The global bio-LNG market size was estimated at USD 1.37 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 41.1% from 2024 to 2030. As more organic waste streams become available, such as agricultural and forestry residues and food waste, there is an i... Read More »
November 2023The Africa diesel generator market size was estimated at USD 6.49 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030. Datacenter end-use registered a high growth rate owing to an increase in momentum towards digitalization in the Afr... Read More »
November 2023The global offshore pipeline market size was estimated at USD 13.97 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. The global rising demand for energy, particularly oil and natural gas is expected to increase the demand for... Read More »
November 2023The global battery separator market size was estimated at USD 4.21 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.8% from 2023 to 2030. The product demand is propelled by its wide-scale usage in the end-use industries, such as automotive, consumer e... Read More »
October 2023The global diesel fuel market size was estimated at USD 225.62 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.96% from 2023 to 2030. The increasing usage of diesel fuel in industrial applications and the availability of diesel manufacturing faciliti... Read More »
October 2023The global flow battery market size was valued at USD 328.1 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 22.6% from 2023 to 2030. The rising demand for energy storage systems globally is the primary factor for market growth. According to the U.S. ... Read More »
October 2023The global offshore wind market size was estimated at USD 36.39 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.97% from 2023 to 2030. The market is anticipated to expand due to growing interest in decreasing the global carbon footprint and increased... Read More »
October 2023The global organic rankine cycle market size was estimated at USD 830.19 million in 2022 and is predicted to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. This growth is mainly aided by consumers choosing renewable energy, along with ORC systems being durable an... Read More »
September 2023The global waste heat recovery system market size was valued at USD 52.02 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030. Rising environmental concerns have led various countries around the world to take steps to reduce the ... Read More »
September 2023The U.S. motive lead acid battery market size was valued at USD 1,190.22 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030. Lead acid batteries find application in uninterruptible power supply (UPS) systems as they provide high powe... Read More »
September 2023The hydrogen storage market size was valued at USD 4.0 billion in 2015 and is expected to witness significant growth over the forecast period. Increasing demand for renewable energy is anticipated to drive the market over the coming years. A shift in focus towards alternative energy sour... Read More »
September 2023The global natural gas storage market size was valued at 482.8 BCM in 2019 and is projected to register a compound annual growth rate (CAGR) of 3.6% from 2020 to 2027. Storage facilities are vital for continuous supply required to cater to rising energy demand. Rapid industrialization co... Read More »
September 2023The global horizontal directional drilling market size was estimated at 7.53 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 13.0% from 2023 to 2030. The horizontal directional drilling (HDD) technique is utilized to precisely carry out drilling operati... Read More »
August 2023The global fuel cell market size was estimated at USD 6.3 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 19.9% from 2023 to 2030. Increasing demand for unconventional sources of energy is one of the key factors driving the growth. Growing private-pub... Read More »
August 2023The global electric vehicle (EV) battery recycling market size was valued at USD 0.23 billion in 2022 and is expected to grow a revenue-based compound annual growth rate (CAGR) of 61.7% from 2023 to 2030. The market for electric vehicle (EV) battery recycling is advancing due to the incr... Read More »
June 2023The global lithium-ion battery cathode market size was estimated at USD 22.16 billion in 2022 and is expected to grow a revenue-based compound annual growth rate (CAGR) of 19.9% from 2023 to 2030. The market has witnessed a substantial growth of electric vehicle supply equipment (EVSE), ... Read More »
May 2023The global membrane electrode assembly market size was estimated at USD 8.24 billion in 2022 and is expected to grow a revenue-based compound annual growth rate (CAGR) of 23.8% from 2023 to 2030. Increasing demand for clean and renewable energy sources is driving the membrane electrode a... Read More »
May 2023The global battery contract manufacturing market size was valued at USD 4.59 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 15.7% from 2023 to 2030. Battery contract manufacturing refers to the practice of outsourcing the production of batteries to th... Read More »
May 2023The global proton exchange membrane fuel cell (PEMFC) market size was estimated at USD 3.84 billion in 2022 and is expected to grow a revenue-based CAGR of 18.1% from 2023 to 2030. Growing concerns related to greenhouse gas emissions along with supportable government initiatives to endor... Read More »
May 2023The global battery management system market size was valued at USD 6.19 billion in 2022 and is expected to grow a CAGR of 23.4% from 2023 to 2030. Battery management systems are widely used in rechargeable batteries mounted in electric vehicles. The growth of the batter management system... Read More »
May 2023The global electrolytic manganese dioxide market size was valued at USD 1.47 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. High demand for batteries, such as zinc-carbon, alkaline, and lithium-ion batteries, from various end-us... Read More »
April 2023The global residential lithium-ion battery energy storage systems market size was valued at USD 4.56 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 32.1% from 2023 to 2030. The lithium-ion battery energy storage systems in the market are designed to st... Read More »
April 2023The global lead acid battery market size was valued at USD 37.98 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030. The market is estimated to witness growth owing to the growing adoption of lead acid batteries in automobiles and Un... Read More »
April 2023The global diesel generator market size was valued at USD 15.16 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030. Increasing demand for energy globally far outstrips the supply. Factors such as continuous population growth, infra... Read More »
March 2023The global steam turbine market size was valued at USD 16.27 billion in 2022 and is projected to register a compound annual growth rate (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 deficit and this i... Read More »
March 2023The global energy storage systems market recorded a demand was valued 222.79 GW in 2022 and is expected to reach 512.41 GW by 2030, progressing at a compound annual growth rate (CAGR) of 11.6% from 2023 to 2030. Growing demand for efficient and competitive energy resources is likely to p... Read More »
March 2023The global bioplastics market size was estimated at USD 11,610.5 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 18.8% from 2023 to 2030. An increase in health-related awareness, combined with an increasing population in Asia Pacific's emerging market... Read More »
March 2023Zinc 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 global battery market was valued at USD 104.31 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.8% from 2023 to 2030. The high use of UPS devices in healthcare, chemical, and oil & gas sectors for continuous power supply is expected to prope... Read More »
February 2023The China stationary lead acid battery market size was valued at USD 3,447.48 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030. The growth of China’s stationary lead acid battery industry is anticipated to be driven by huge... Read More »
January 2023The global underground hydrogen storage market size was estimated at 2,160.81 MCM in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.7% from 2023 to 2030. The growth of the underground hydrogen storage market is primarily attributed to research & development in hydrogen technologies ... Read More »
January 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 global air electrode battery market size to be valued at USD 2.02 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 9.0% during the forecast period. Growing demand for air electrode batteries among the end-use... Read More »
July 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 fuel cell in aerospace market size was valued at USD 193.87 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 30.6% from 2021 to 2028. The global fuel cell in defense market size was valued at USD 444.70 million in 2020 and is anticipated to ... Read More »
December 2021The global solid state battery market size was valued at USD 590.9 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 36.0% from 2021 to 2028. Rising demand for solid-state batteries among end-use sectors along with the rising research and d... Read More »
July 2021The global advanced battery market size was valued at USD 65.8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2020 to 2027. Favorable government policies for clean energy usage and the growing energy storage market are expected to drive the m... Read More »
August 2020The global combined heat and power installation market size was valued at USD 9.4 billion in 2019 and is expected to grow at a CAGR of 3.1% from 2020 to 2027. The shift in preference towards replacing conventional energy systems owing to operational cost and uninterrupted utility supply ... Read More »
July 2020The global battery energy storage systems market size was valued at USD 3.4 billion in 2019 and is projected to witness a compound annual growth rate (CAGR) of 27.2% over the forecast period. Rising demand for reliable and continuous power supply from end-use sectors such as industrial, ... Read More »
June 2020The global grid-scale battery storage market size was estimated at USD 2.6 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 24.4% from 2020 to 2027. Grid-scale batteries are utilized for applications, such as ancillary services, renewable integration, b... Read More »
June 2020The global thermal energy storage market size was valued at USD 4.1 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 9.45% from 2020 to 2027. Shifting preference towards renewable energy generation, including concentrated solar power, and rising demand ... Read More »
June 2020The global renewable power generation market demand was estimated at 6890.7 TWh in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2020 to 2027. Growing worldwide energy crisis has stimulated the need for sustainable energy and power generation. Various ... Read More »
May 2020The global liquid biofuels market size was valued at USD 65.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2027. It is anticipated to witness moderately fast growth and 141,592.2 thousand tons of oil equivalent in terms of demand by... Read More »
May 2020The Europe building-integrated photovoltaics market size was estimated to be valued at USD 3.1 billion in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 27.2% from 2020 to 2027. The demand for crystalline silicon-based Building-integrated Photovoltaics (BIPV) ... Read More »
May 2020The global heat recovery steam generator market size was valued at USD 1.3 billion in 2019 and is anticipated to witness a CAGR of 3.2 % over the forecast period (2020 to 2027). Rising concerns about Greenhouse Gas (GHG) emissions and severe regulations to decrease carbon footprint is pr... Read More »
April 2020The global energy as a service market size was valued at USD 59.37 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. Increase in Distributed Energy Resources (DER), tax benefits for energy efficiency projects, n... Read More »
February 2020The U.S. lead-acid battery market size was valued at USD 9.98 billion in 2019 and is expected to register a CAGR of 5.3% over the forecast period. Automobile and motorcycle industry development, energy storage applications, and increasing demand for UPS systems in industrial sectors such... Read More »
November 2019The global mobile power plant market is expected to experience significant growth over the coming years owing to increasing oil drilling and construction activities. Mobile power plants are usually thermal electric units in which all the equipment are mounted on transport vehicles. They ...Read More »
The global electrostatic precipitator market size was valued at USD 11.56 billion in 2017. It is expected to expand at a CAGR of 3.3% by 2025 owing to growing air pollution. Population rise especially in urban areas coupled with rising health awareness will further fuel market expansion.... Read More »
August 2018The global advanced energy storage systems market size was worth USD 1.91 billion in 2014. The steady growth in electricity consumption along with the expansion of the energy demand-supply gap is expected to propel the utilization of the product over the coming year. Constant electricity... Read More »
February 2018The global refrigerant market size was valued at USD 15.4 billion in 2019. Asia Pacific and Latin America are two of the fastest-growing regions in terms of volume and are characterized by rapid urbanization as well as evolving cold chain sectors. The industry is, however, highly re... Read More »
January 2018The global power plant boiler market size was valued at USD 19.8 billion in 2016. Factors such as government-led initiatives and the rising demand for energy are likely to be key drivers for the product demand over the forecast period. Furthermore, technological advancements are likely t... Read More »
October 2017The global boiler, turbine & generator market are projected to surpass USD 60 billion by the year 2022, growing at a CAGR greater than 3% over the forecast period. Surging dependence on thermal power generation is expected to be the key factor for industry growth. However, the advent...Read More »
The global oilfield communications market is anticipated to grow at a considerable pace over the forecast period. Globally, the demand for oil & gas has increased rapidly, and companies are continuously investing in the exploration of new oil fields particularly in Asia Pacific. Comm...Read More »
The U.S. advanced battery energy storage system market size was USD 172.5 million in 2015 and is expected to witness significant growth over the forecast period on account of rising emphasis on reducing dependency on fossil fuels and increasing the share of clean sources in the energy mi... Read More »
August 2016The global micro turbine market size was USD 134.1 million in 2015. Increasing preference for lower emission power generation sources is expected to remain a key driving factor for the global Micro Turbine Market over the forecast period. Micro turbines offer a wide range of benefits whi... Read More »
May 2016The global cable and accessories market is expected to grow at a sizable CAGR in the forecast period. Key drivers for this market are the burgeoning demand for renewable energy, rapid industrialization and urbanization, globally thriving HVDC projects, and government aids, and initiative...Read More »
The global ambient energy harvester market is anticipated to witness significant growth over the forecast period on account of rising in demand for micro power production for charging thin film batteries. The product is environment-friendly and provides clean energy. Growing demand from ...Read More »
The global alkaline fuel cell market is expected to register growth over the forecast period. Fuel cells are devices that convert chemical energy derived from fuels to electrical energy. The chemical reaction involves utilizing oxygen or other oxidizing agent for continuous r...Read More »
Growth in industrialization and infrastructure spending is expected to have a direct impact on the global energy harvesting market over the forecast period. Energy harvesting is a procedure where unused and naturally formed energy is utilized to produce energy using various advanced tech...Read More »
The global advanced battery energy storage system market is anticipated to witness growth over the forecast period. The global rise in energy consumption as well as an increasing need for energy efficiency in the electricity supply system has led to the growth in the advanced battery ene...Read More »
The global penstock market is expected to witness high growth over the forecast period on account of increasing electricity consumption coupled with driving need for sewage & water treatment mainly in emerging economies such as India, China, South Korea and Vietnam....Read More »
The global gasification market is expected to witness growth over the forecast period. Growing demand for clean and more efficient energy generation technology in industries as well as household applications is expected to fuel the market growth. Other technologies for energy generation ...Read More »
The global energy storage market has been witnessing growth on account of imbalances in power supply and demand owing to power outages from storms, equipment failures, and fire accidents. Energy storage helps eradicate energy poverty which is one of the key factors that is anticipated to...Read More »
The global coal-fired power generation market size was 1,708.5 GW in 2013. High energy demand is expected to drive the overall market over the forecast period. There are several technologies that are used for coal-fired power generation, such as pulverized coal firing, cyclone furnace, c... Read More »
May 2014Global uranium enrichment market is expected to witness growth in the vague application of enriched uranium in electricity generation to meet the growing demand in manufacturing and household industries of emerging economies of India and China. Increasing military expenditure for the dev...Read More »
The global nuclear turbine generator market is expected to advance exponentially on account of rapid industrialization and increasing demand for energy to meet consumer and industrial needs. Rapid industrialization in emerging countries has provided a catalyst for energy needs across the...Read More »
The global hydroelectric power generation market has been witnessing strong growth over the past few years on account of increasing demand for renewable energy and the trend is expected to continue over the forecast period. Increasing global population resulted in increasing energy deman...Read More »
The global point absorber market is likely to observe growth on account of growing global renewable energy demand over the next coming years. Increasing sustainable energy requirements at commercial scale are expected to further drive the global point absorber market over the forecast pe...Read More »
The global gasifier balance of plant components market is expected to witness significant growth over the forecast period on account of the increasing requirement for gasification in energy conversion and chemical production processes. gasifier balance of plant (BoP) is an important part...Read More »
Global gas insulated substations market is expected to grow significantly over the next seven years owing to rising environmental concerns and scarcity of land in cosmopolitan areas. Rising energy demand in emerging economies due to changing lifestyle coupled with increasing per capita d...Read More »
The global subsea power grid systems market is expected to grow over the forecast period owing to increasing oil & gas exploration activities in major offshore locations. The regular electric power supply is essential to continue operations in such deep water locations. The depletion...Read More »
The global captive power generation market is expected to grow due to the mushrooming power demand in emerging markets of China, India, and Middle East along with the presence of cross subsidized charge to the per unit power generation cost. Increasing population, industrialization, and ...Read More »
The global turbines market is expected to witness significant growth over the forecast period. Rising energy consumption along with shift in trend towards renewable energy is anticipated to drive turbines industry over the next seven years. Increasing consumer awareness regarding renewab...Read More »
The global battery control technology market is expected to witness significant growth over the forecast period. Advancement in the sector was achieved through a system approach including smart microcontroller batteries chargers, advanced batteries and power conditioners. These batteries...Read More »
The global hydraulic turbine market is estimated to witness substantial growth over the forecast period owing to the rapid exhausting conventional sources of energy. Need to replenish the traditional energy reserves and the requirement for alternative sources of energy are the prime driv...Read More »
The global energy storage technology market demand is expected to witness considerable growth over the forecast period. Conversion of energy from conventional sources to a certain form that can be stored and then converted back to the original state, when it is required, is the latest en...Read More »
The global advanced utility boiler market is expected to grow at a significant pace over the next seven years. The surge in demand for energy owing to growing industrialization in emerging countries is presumed to positively drive the global market....Read More »
The global direct drive wind turbine market is expected to witness growth over the forecast period, driven by the increasing global energy consumption. These turbines are lighter as well as cost-efficient than conventional wind turbines as they do not contain gearbox which reduces its we...Read More »
The global emission trading schemes market is anticipated to grow over the forecast period owing to the rising environmental concerns over increasing emission. Emission trading schemes are a market-based approach to curb emission levels by providing financial incentives for achieving emi...Read More »
The global wood gas generator market is expected to grow dramatically over next seven years on account of increasing demand as major fuel in internal combustion (IC) engines. Wood gas generator is basically used to convert timber or charcoal into combustible gas. Wood gas, also known as ...Read More »