Mobile Power Plant market is projected to grow at a CAGR of 4.06% to reach US$1.463 billion by 2024, from US$1.152 billion in 2018. Growing demand for electricity across the globe is the major driver of mobile power plant market. High investment in infrastructure development and rising rate of industrialization is boosting the need for fast electricity generation which is further contributing to the growing demand for mobile power plants. Rising short-term demand for air conditioning units is Read more...
The global fracking fluid and chemicals market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2024, from US$XX.XXX billion in 2018. Fracking Fluid is a chemical mixture used in drilling operations to increase the quantity of hydrocarbons that can be extracted. They are utilized in hydraulic fracturing for the recovery of oil and shale gas. The mixture is complex that varies from well to well. Rising population across the globe is leading to an increased need for Read more...
The growing investments in the development of wearable technologies and devices along with their rising are significantly boosting the revenue generation opportunities for flexible battery manufact Read more...
The photovoltaic (PV) inverter market is projected to grow at a CAGR of 10.45% to reach US$12.804 billion by 2024, from US$7.052 billion in 2018. Growing focus towards environmental sustainability and clean energy is significantly driving the demand for PV inverters worldwide. Favorable government policies and initiatives to promote renewable energy is also boosting the growth of PV inverter market. Declining cost of components has also escalated the solar PV installations, thus positively im Read more...
The wireless charging market is projected to grow at a CAGR of 25.03% to reach US$30.164 billion by 2024, from US$7.897 billion in 2018. Wireless charging market will grow owing to its rising popularity in the consumer electronics segment due to high integration with smartphones and wearable devices. In addition, the technological advancements in the wireless charging technology have led to its usage in various other appliances such as, automobiles, medical implants, toys, among others, which Read more...
Solar Water Heater market is projected to grow at a CAGR of 7.80% to reach US$3.796 billion by 2023, from US$2.418 billion in 2017. Growing demand for energy-efficient appliances is fueling the demand for solar water heaters worldwide. Stringent regulatory standards coupled with supportive government initiatives and policies to boost the consumption of solar water heaters is further contributing to the growth of global solar water heaters market. Technological advancements in solar water heaters Read more...
Global Solar PV Glass Market is projected to grow at a CAGR of 24.60% during the forecast period, reaching a total market size of US$26.848 billion in 2025 from US$7.175 billion in 2019. Growing focus on renewable energy sources due to rising global warming and climate change is the major driver of the solar PV glass market. Increasing installed capacity of solar energy is significantly driving the demand for solar PV glass. According to IEA (International Energy Agency), renewable power Read more...
The global smart water meter market is anticipated to foresee a growth at a CAGR of 14.03% from a market size of USD916.663 million in 2019 to reach a market size of USD2,105.229 million by the end of 2025.Smart water meter helps customers in monitoring their property water flow rates in real time and compare their water usage with the historical data. The increasing need in order to minimize water wastage along with the growing demand for water preservation is considered as key drivers for m Read more...
The consumer water treatment systems market was valued at US$8.028 billion in 2018 and is anticipated to grow at a CAGR of 6.06% to reach a market size of US$11.426 billion by 2024. The demand for consumer water treatment systems will grow due to the sales of the home water treatment systems. This is further driven by the rising awareness regarding water contamination coupled with consumer education related to water treatment technologies. In the developed regions where high-quality water Read more...
The global military battery market is projected to grow at a CAGR of 4.85% to reach US$2.815 billion by 2023, from US$2.119 billion in 2017. Batteries are used in the military and defence industry for varied applications including APUs, propulsion systems, providing backup power, and for ignition systems among many others. Increasing military expenditure on acquiring advanced weapons coupled with budding demand for unmanned aerial vehicles for surveillance purposes will drive the demand for thes Read more...
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