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 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 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...
Europe Lithium-Ion (Li-Ion) Battery market was valued at US$5.487billion in 2019. High concerns about environmental sustainability is pushing the adoption of sustainable sources of energy. Furthermore, European countries have strict regulations regarding environmental sustainability. The European Union (EU) has some of the world’s highest environmental standards, developed over decades. The EU has a range of measures to improve the quality of the environment for its citizens while Read more...
Global concentrated solar power (CSP) market was valued at US$1.107 billion in 2019 and is expected to grow at a CAGR of 10.37% over the forecast period to reach a total market size of US$2.001 billion in 2025. Concentrated solar power (CSP) plants use mirrors to concentrate the sun’s energy to run conventional steam turbine or engines that generate electricity. The thermal energy concentrated in a CSP plant can be stored and used to generate electricity as per requirement, day or nig Read more...
Global wind turbine market was valued at US$90.114 billion in 2019 and is expected to grow at a CAGR of 5.34% over the forecast period to reach a total market size of US$123.154 billion in 2025. Wind power technologies transform the kinetic energy of the wind into mechanical power. Wind is used to generate electricity using the kinetic energy created by air in motion which is then transformed into electrical energy using wind turbines or wind energy conversion systems. The amount of ener Read more...
Global Lithium-Ion (Li-Ion) Battery Recycling market was valued at US$375.200 million in 2019 and is expected to grow at a CAGR of 24.11% over the forecast period to reach a total market size of US$1,370.949 million in 2025. Lithium-ion (Li-ion) batteries offer added advantages over conventional batteries such as compact structure, performance, and lightweight. This makes them more suitable in a world of portable electronic devices and electric vehicles (EVs). Read more...
The global PV Backsheet market is projected to grow at a CAGR of 9.97% during the forecast period. Rising solar PV installation is the major driver of the solar PV backsheet market. Growing focus on the renewable energy sector due to rising electricity prices and environmental sustainability concerns is driving the installation of solar panels which, in turn, is propelling the growth of the solar PV backsheet market. The declining cost of solar panels is further augmenting the use of solar energ Read more...
The North America solar panel recycling market is projected to grow at a CAGR of 26.21% during the forecast period. Rising adoption of solar energy solutions is countries like U.S., Canada, and Mexico is driving the demand for solar panel recycling solutions in the region. According to IRENA statistics, the regular-loss solar panel waste volume in the region is projected to increase from 7200 tonnes in 2016 to 189,500 tonnes in 2030. Rising awareness about harmful impact of elements present Read more...
The Europe solar panel recycling market is projected to grow at a CAGR of 20.70% during the forecast period. Early adoption of renewable energy sources in European countries is the major driver of solar panel recycling market in the region. Growing solar panel waste volume in countries like Germany and France, supported by strict regulation regarding the recycling of solar panels in the region is significantly propelling the growth of Europe Solar Panel Recycling market. By country, Germany Read more...
.jpg)
