The global HDPE pipes market is projected to have a compound annual growth rate of 6.24%, growing from US$10.866 billion in 2019 to US$15.578 billion in 2026. The market of HDPE pipes is expected to drive by increasing applications in end-use industries of HDPE pipes mainly in the oil & gas industry, by increasing demand in the agricultural sector for irrigation facilities, by growing sewage disposal infrastructure, and by the increasing innovations in the PE pipes. Earlier, the use of HDPE Read more...
The global containerized solar generators market is estimated to surge at a CAGR of 8.13% from a market value of US$360.326 million in 2019 to achieve a market value of US$622.757 million by the end of 2026. The growth in population and the rise in industrialization have led to unprecedented demand for energy. The use of non-renewable energy sources to meet the growing demand has led to adverse climatic conditions and the risk of depletion of fossil fuel. Therefore, containerized solar gen Read more...
The global solar highway market is projected to witness a double-digit compound annual growth rate during the forecast period. According to a recent study in 2016, 80% of the Earth’s surface is without roads. It is estimated that from 2010 – 2050 the roads will increase globally by more than 60%. Although roads aid in connectivity they also cause a lot of damage to the natural habitat. This innovation of Solar Highways has a positive impact on the environment. These specially designe Read more...
The global oil & gas analytics market is evaluated at US$14.591 billion for the year 2019 and is expected to grow at a CAGR of 17.23% to reach the market size of US$44.397 billion by the year 2026. The global oil & gas has been witnessing a severe depletion crisis which has led organizations in authority to come up with solutions to better analyze the data being generated by the resources to efficiently manage the resources. The shift towards sustainable development of the oil & gas Read more...
The global small hydropower market is evaluated at US$2.825 billion for the year 2019 growing at a CAGR of 3.12% reaching the market size of US$3.503 billion by the year 2026. Small hydropower is the development of hydroelectric power on a smaller scale to serve a local community, a small business, or an industry. The plant usually produces a lesser amount of electricity with 15-20 MW being the upper limit. These plants are usually installed in existing water supply networks or small streams. Th Read more...
The betavoltaic device market was evaluated at US$1.284 billion for the year 2019 and is projected to reach US$2.434 billion by 2026 growing at a CAGR of 9.57%. The betavoltaic device is a type of nuclear battery that is reliable, has a long life efficiency, and provides high power density for the operation of the electrical system in an inaccessible and hostile environment. The demand for these betavoltaic devices is rising in applications where the replacement of batteries is not easy. Read more...
The global metal recycling market is projected to grow to US$83.931 billion by 2026 from US$48.941 billion in 2019 expanding at a CAGR of 8.01% over the forecast period. The metal recycling market is growing at a very fast pace. According to a recent study by the United Nations department of economics and social affairs, 55% of the world lives in urban areas and it is estimated that this percentage will grow to about 68% by 2050. The boost in the market is due to the increase in industrializatio Read more...
The global liquified petroleum gas (LPG) market is expected to grow at a compound annual growth rate of 4.91% over the forecast period to reach a market size of US$153.146 billion in 2026 from US$109.493 billion in 2020. LPG is a by-product of propane and butane and mainly extracted through refineries (crude oil) or natural gas (propane and butane’s by-product), which differs from area to area, such as in North America, the majority of the supply of LPG is from natural gases, where the Uni Read more...
The global solar street lighting market was valued at US$6.052 billion in 2019 and is expected to grow at a CAGR of 23.51% over the forecast period to reach a total market size of US$26.535 billion in 2026. The solar lighting market is estimated to grow in the coming years. An increase in research in the solar street lighting market, a decrease in the prices of solar street lighting solutions, and an increase in the number of smart cities will be the key factors driving the growth in the market. Read more...
The global solar energy market is expected to grow at a compound annual growth rate of 5.12% over the forecast period to reach a market size of US$267.747 billion in 2026 from US$68.579 billion in 2019. The global solar energy market is growing at a significant rate in recent years and has been expected to increase more in the upcoming years. The major driving forces for such growth in this market are increasing concerns of the economies towards environmental sustainability and decarbonization m Read more...
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