What Will Singapore Bunker Fuel Market Look Like In The Future?

The Singapore bunker fuel market size was valued at $17.6 billion in 2020, and is projected to reach $24.5 billion by 2030, growing at a CAGR of 3.5% from 2021 to 2030. Singapore is one of the world’s largest bunkering ports and is a significant hub for the supply and trading of bunker fuel. Bunker …

Fuel Ethanol Market Projected to Garner Significant Revenues By 2031

Fuel ethanol is a renewable fuel made from various plant materials collectively known as biomass and even waste biomass, which can be used in existing motor engines without modification. Fuel ethanol is used as an additive to the gasoline to increase the octane content in the fuel. The need for green energy source for the production …

Frequency Converter Market to Witness an Outstanding Growth By 2031

Frequency converters are electronic devices used in various applications including generation, transmission, distribution and use of electrical energy. They can control frequency, power, and voltage and improve efficiency of the equipment or machines such as motors, pumps, fans, and others. They offer advantages such as reduction in maintenance cost, increase lifetime of machines, improve processes, …

Bifacial Solar Market Projected to Garner Significant Revenues By 2031

Bifacial solar panels are the latest technology designed with high-efficiency solar cells installed on both sides of a module to produce electricity at the same time. It can capture light as it reflects off the roof or ground surface under the panel and absorbs light from rear and front sides, allowing diffused light to be …

Thermal Protector Market Projected to Garner Significant Revenues By 2031

A thermal protector is a device, which protects the motor, compressor, and transformer of electronics from raised up temperatures. It disconnects the current at preset temperatures and re-establishes the current when the temperatures return to normal. According to the International Energy Agency, worldwide energy utilization increased by 4.6% in 2021, twice the normal rate in …

Solar Simulator Market Poised to Expand at a Robust Pace Over 2031

Solar simulator also known as sun simulator is a device capable of providing illumination nearly equal to natural sunlight. There are two different types of solar simulators such as steady state and pulsed solar simulators. Pulsed solar simulator may be single pulse or multi pulse solar simulators. Steady state solar simulators have 1,000 hours of …

Vacuum Pressure Impregnated (VPI) Transformer Market to Register Unwavering Growth During To 2030

Vacuum Pressure Impregnated (VPI) transformer is a cutting-edge, technologically advanced insulated motor coil that can operate at a low operating temperature and also sustain degradation due to high temperature. The VPI transformer features an iron core with vacuum pressure impregnated high and low voltage windings. It is simple to install and maintain, reduces cost of cabling …

Transportation Battery Recycling Market is Set to Garner Staggering Revenues By 2030

Over the past ten years, the market for Electric Vehicles (EVs) increased dramatically, partly due to aggressive sales’ goals set globally. Lithium-ion batteries must be carefully discarded at end-of-life to maximize reuse and recycling, which necessitates an effective and secure system for its collection and transportation. The transportation battery recycling market size was valued at …

Hydraulic Power Market Estimated to Experience a Hike in Growth By 2031

Hydraulic power is a vital part of a hydraulic system as it can generate a significant quantum of power to initiate mostly any type of hydraulic ram. They draw power using Pascal’s law, i.e., through ratios of area and pressure. The hydraulic power industry includes applications such as machine tools, aerospace test equipment, automation systems, …

Geothermal Heat Pump Market to Witness an Outstanding Growth During 2021 – 2031

A central water heating system that uses geothermal energy to heat the water is known as a geothermal heat pump (GHPs) or ground source heat pump. Geothermal heat pumps are popular in many heating applications for surface water, recycled water, retention basin storm water, sewage treatment plants, and rainwater harvesting. They are also energy efficient. …