The global horizontal directional drilling market size was estimated at USD 7.93 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.8% from 2024 to 2030. The Horizontal Directional Drilling (HDD) technique is utilized to precisely carry out drilling ope... 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 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 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 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 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 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 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 2023The 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 »
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 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 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 2022