The global molten salt thermal energy storage market is expected to grow at a compound annual growth rate of 15.65% over the forecast period to reach a market size of US$1,743.663 million in 2026 fromUS$629.969 million in 2019. The molten salt thermal energy market is estimated to increase in the forecast period. The factors responsible for the growth of the market are an increase in the population which has led to an increase in the consumption of energy and initiatives taken by the government Read more...
The global ground-mounted PV utility market is expected to grow at a compound annual growth rate of 9.85% over the forecast period to reach a market size of US$9.534 billion in 2026 from US$4.939 billion in 2019. The market of ground-mounted photovoltaic utility market is estimated to grow in the coming years. The growing concerns for the environment and the depletion of natural resources have boosted the demand for renewable sources of energy. The demand for solar energy has therefore been incr Read more...
The global battery recycling market is projected to grow at a CAGR of 14.83% during the forecast period to grow to US$20.916 billion by the year 2026 from US$9.124 billion in the year 2020. Battery recycling refers to the process of collecting old/ used batteries for the purpose of reprocessing them and making them ready for reuse. Battery recycling as an industry has grown in the past few years due to the growing concerns of these used batteries being disposed into landfills leading to soil Read more...
The power distribution component refers to equipment that is used to regulate the distribution of electric power from transmission frameworks to particular end-use equipment or consumers. A real-world scenario would include the components used to regulate the distribution of power to various machines in a factory or to use various systems in a car. They have a critical role to play not only in the distribution of power but also to ensure the safety and protection of end-use equipment and personn Read more...
The regenerative braking market is estimated to generate high revenue generation opportunities during the forecast period. A Regenerative braking system an energy recovery mechanism that converts the kinetic energy of an object in motion into a form that can be used immediately or is stored in batteries for later purposes. Regenerative braking converts kinetic energy into electricity which aids in charging electricity and boosting the overall efficiency of the vehicle. Regenerative braking sy Read more...
The global dry type transformer market is expected to grow at a compound annual growth rate of 3.83% over the forecast period to reach a market size of US$7.531 billion in 2026 from US$5.790 billion in 2019. A dry-type transformer is a type of transformer that never uses any insulating liquid where its winding or core are immersed in liquid. Rather, the windings and core are kept within a sealed tank that is pressurized with air. A dry-type transformer does not have any rotating parts; it is Read more...
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 was estimated to be worth 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 oil & gas industry 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 oi Read more...
