The 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 projected to reach USD 19.78 billion by 2030, growing at a CAGR of 41.1% from 2024 to 2030. As more organic waste streams become available, such as agricultural and forestry residues and food waste, bio-LNG production has an in... 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 projected to reach USD 19.51 billion by 2030, growing at a CAGR of 4.2% from 2023 to 2030. The rising global demand for energy, particularly oil and natural gas, is poised to highlight the necessit... Read More »
November 2023The global battery separator market size was estimated at USD 4.21 billion in 2022 and is projected to reach USD 13.33 billion by 2030, growing at a 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, con... 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 electric vehicle battery recycling market size was valued at USD 0.23 billion in 2022 and is projected to reach USD 10.45 billion by 2030, growing at a CAGR of 61.7% from 2023 to 2030. The market for electric vehicle (EV) battery recycling is advancing due to the increasi... Read More »
June 2023The global lithium-ion battery cathode market size was estimated at USD 22.16 billion in 2022 and is projected to reach USD 89.35 billion by 2030, growing at a CAGR of 19.9% from 2023 to 2030. ... Read More »
May 2023The global membrane electrode assembly market size was estimated at USD 8.24 billion in 2022 and is projected to reach USD 44.51 billion by 2030, growing at a CAGR of 23.8% from 2023 to 2030. Increasing demand for clean and renewable energy sources is driving the membrane electrode assem... 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 residential lithium-ion battery energy storage systems market size was estimated at USD 4.56 billion in 2022 and is projected to reach USD 48.81 billion by 2030, growing at a CAGR of 32.1% from 2023 to 2030. The lithium-ion battery energy storage systems in the market are desi... Read More »
April 2023The global steam turbine market size was estimated at USD 16,269.7 million in 2022 and is projected to reach USD 19,641.3 million by 2030, growing at a 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... Read More »
March 2023The global energy storage systems market recorded a demand was 222.79 GW in 2022 and is expected to reach 512.41 GW by 2030, growing at a CAGR of 11.6% from 2023 to 2030. Growing demand for efficient and competitive energy resources is likely to propel market growth over the coming years... 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 2023The 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 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 9.4% from 2020 to 2027. Shifting preference towards renewable energy generation, including concentrated solar power, and rising dem... 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 2020