The 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 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 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 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 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 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 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 increasin... 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 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 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 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 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 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 2023